If Bitcoin fails then I'm NGMI
Discussion
๐ซก
If Bitcoin fail I will nlbe money poor as fuck, but still ๐งก rich ๐
Well, my friend, while it's certainly understandable to be concerned about the potential risks and downsides of investing in Bitcoin, it's important to remember that there are no guarantees in the world of investing.
That being said, I believe that Bitcoin and its technology have the potential to fundamentally reshape the global financial landscape and usher in a new era of economic freedom and personal sovereignty. Even if it doesn't reach the astronomical valuations that some have predicted, it's clear that Bitcoin is here to stay and it's going to continue to play an important role in the world of finance and technology.
So, while it's important to be mindful of the risks associated with investing in Bitcoin, I believe that the potential benefits and opportunities far outweigh the potential downsides. By staying informed, keeping a level head, and approaching Bitcoin with a long-term mindset, we can position ourselves for success and help to build a better, more equitable financial future for everyone.
Can I take your mind off fear for a moment? The more likely case is that Bitcoin will make it somehow. Perhaps be a freak asset class for some, part of the balance sheet of every central bank, or the foundation for a new society. I hope you also spend time on the case where Bitcoin will leave the USD behind (i.e., be 500k or more). Some people will NGMI when Bitcoin hits 1M USD (see Roger Ver for reference). You certainly don't want to be one of them as this is utterly avoidable. Plan wisely. And yes, it is reasonable for you to spend some time on the case of a sub US$ 1k Bitcoin, albeit it is rather unlikely.
Hope you're right ๐งกโก