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Basic Questions about Cryptos / Re: If Bitcoin goes to 500 dollars, will you buy it?
« on: April 18, 2025, 04:42:24 PM »Well if it dropped to that level then for sure it might be that there are no value already. Meaning it's has lost it's thing being as a store of value or money itself. Maybe I would buy and hope that one day it will go up as it will just be a reset. So it's a gamble that I'm willing to take a risk. Maybe that will be the time that we will have 1 Bitcoin or even more in our wallet.You're right, if Bitcoin I don't think Bitcoin can drop to that point, infact I'll be very suprised if it drops to that point based on the ATH it's attained, infact I'll even be scared of buying it at $500 cause it would mean that it's lost it's value, maybe I'll focus my attention on other projects like ETH, SOL or BNB, the only thing that would make it buy if it dips to that point is the potential it's shown in the past and I'll see that as an opportunity to own as much Bitcoin as possible with hope that it would become great again in the future, images buying Bitcoin if it dips to $500 and it pumps back to even $20k after few years, that's lots of cash for the future.. But to counter the argument, I do not think that Bitcoin is going to fall this low, it's too big already.