Don't Buy Bitcoin, It's Going To 'Crash'

in bitcoin •  7 years ago 

Bitcoin Obituaries

Bitcoin has died 140 times, as of 7/16/17

https://99bitcoins.com/bitcoinobituaries/

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That is ridiculous. Yes Bitcoin has crashed after peeks, yet it still keeps climbing higher and higher over time more than the previous peek.

Analyst believe Bitcoin will be over $4,000 by the end of the year and most likely be over $10,000 within the next 10 years. Now compare that to the USD, each year the buying power of the dollar drops, this article has a good example of how the the USD has lost about 70% of its buying power since 1950.

I just bough more Bitcoin since my purpose is to hold for retirement in 20 years where I believe my money now invested in Bitcoin will be worth a lot more than if I had put the cash into a safe.

Dude was being sarcastic lol

Don't *hold bitcoin longterm

hodl