creepymonster

What if BTC paints big waves?

Long
BITSTAMP:BTCUSD   Bitcoin
Just an idea.

BTC haven't seen any huge crisis such as 2008. BTC only saw good times.
So, it's possible for SP500 to crash down to 2000 (-50%), and it will cause the BTC crash too.
But it's not bad in perspective. Every good asset and economy must reset sometimes. If that happens in 2023-2024, I'll just buy as much BTC and good stocks as I can.

Yes, I can't imagine this for BTC. What will miners do? How will the next halving-2024 affect this scenario? And many other questions.
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