← Home ← Back to /biz/

Thread 60784887

9 posts 4 images 8 unique posters /biz/
Anonymous (ID: fDMV3qLV) No.60784887 >>60785022 >>60787425 >>60789085 >>60790023
Bitcoin Newb
Should I buy 13k worth of bitcoin right now and hold it till 2030 or wait and see if there's going to be another dump like back in 2022 and buy in there?
Anonymous (ID: 1+IKq6l1) No.60785022 >>60786702 >>60787431
>>60784887 (OP)
ofc there is another dump. btc has a 4 year cycle. after the hype phase, which we are in right now, comes the bear market phase. in about 2 years btc will be at the bottom of the bearmarket. And 2028/2029 will be the next cycle peak. Power Law predicts this could be the first time btc hits 1 mil.

https://charts.bitbo.io/long-term-power-law/

"1. The price will reach $100,000 per bitcoin no earlier than 2021 and no later than 2028. After 2028, the price will never drop below $100,000.
2. The price will reach $1,000,000 per bitcoin no earlier than 2028 and no later than 2037. After 2037, the price will never drop below $1,000,000."
Anonymous (ID: w/Lu5Ia8) No.60786702
>>60785022
I understand it now. Thanks Anon.
Anonymous (ID: oOnwqHnG) No.60787425 >>60787444
>>60784887 (OP)
Yes faggot buy my bags at the absolute top then sell back to me when it crashes.
Anonymous (ID: oOnwqHnG) No.60787431
>>60785022
Nobody knows fuck about shit.
That's pure speculation.
Anonymous (ID: UIbE8vUR) No.60787444 >>60790040
>>60787425
If you'd bought at any previous tops you'd be in good profit right now
Anonymous (ID: rNP8PG94) No.60789085
>>60784887 (OP)
>friend mocks me for holding Boatkid
>next week itโ€™s top 10 trending on DexTools
>his face when he sees my portfolio
>my face when I remind him I bought because I liked the name
Anonymous (ID: NI/7DNMX) No.60790023
>>60784887 (OP)
buy now, sell at 140k, buy back at 35k
Anonymous (ID: ataThjb/) No.60790040
>>60787444
most of the retards wonโ€™t hold through a -70% crash