The whole beginning part of this thread where you were talking it up then sold it when it was dropping. If you believed what you said in the beginning, you would never have sold. Then you claimed that you were just talking it up, etc.
Now you are back to talking it up again, so time will tell if you are following through this time.
Well yes I was “talking it up” I guess, but throughout I explained that the price was impossible to predict. I also explained that I was buying because I saw a trend, not because of any “inherent value”. I also spent a lot of time debunking incorrect statements from Mr A.
When I sold (making a huge gain) I declared for all to see. (And when I re- bought I also documented that).
What I do think is clear now is that BTC is here to stay. Is unlikely this rebound is a “dead cat bounce”. How high could it go? Sky’s the limit. But it could also go to zero (just like gold by the way, or any other non-income producing method of exchange). I would suggest having a small % of wealth allocated to BTC for a a range of reasons - it’s basically a hedge against a possible future where there is a loss of confidence in governments and government issues paper money. We may well get to the point where most millionaires hodl at least on one coin, let alone the masses, and let alone governments and institutions who may buy massive amounts. Let’s see!
