Quote:
Originally Posted by Z-man
When people need funds, they cash out their investments. Crypto isn't impervious to this notion.
Now the question becomes: when does Bitcoin & co bottom out? Will it bounce back up again, and how long will it take? (Translation: is now a good time to invest in BTC?)
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not in my opinion…Bitcoin’s intrinsic value is zero and I think price will trend there over time, once the “fad” of crypto, NFT’s, etc wanes. And I do think it’s a fad….invest in something that has real utility. Perhaps someday there will be a viable crypto, but I think that time is relatively far off, and I don’t think BTC is it.
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1957 Speedster, 1965 356SC, 1965 356SC Outlaw, 1972 911T, 1998 993 C2S, 2018 Targa 4 GTS, 2014 Cayenne S, 2016 Boxster Spyder, 2019 Tacoma
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