.......Number 10. "If you're a momentum investor, it's like playing roulette with a strategy that works as long as the wheel doesn't come up on the zero, or double zero. You're making money, making money, and then eventually you get a double zero and you're busted. Momentum investors tend to go out in a blaze of glory."
um..... cuz every other investment in your mind is science right?All of the numbers being thrown around are just speculation. The intrinsic value of Bitcoin is still zero. I'll throw out my speculation, Bitcoin will have a value of $25k before it sees $100k.
Forget a bitcoin winter — a crypto 'ice age' might be coming as the Fed ends the easy-money era (msn.com)Things are getting cold in crypto-land. Bitcoin is down dramatically from its November peak of close to $69,000, falling to a six-month low below $38,000 Friday. Trading volumes have slumped.
Some investors are concerned that the market is going into a "crypto winter" — a period when prices fall sharply and fail to recover for more than a year — as the Federal Reserve abruptly tightens monetary policy.
But it could be worse than that. Crypto could in fact be heading for an "ice age," where prices stay low for years and many investors lose interest,
Nope. It's a lot closer to $25k than $100k.View attachment 89893
my backyard bitcoin roller coaster
anybody in for that 25k bet above...theres still time!![]()