Long-term bears are essentially betting on cryptocurrencies to fail as a whole at that point.
No glory in that.
Be bearish where/when it makes sense but $BTC is probably one of the shittiest asset to be a perma-bear on.
Today 5 years ago I stood in the yeezy show... I was still living with my mom and flew on a buddy pass to New York with probably $70 bucks to my name.. but I was mad excited and I feel like my life changed from this day on. My mom and friends cheered me on via text. Thanks Ian.<3
The question you always need to ask yourself is "am I alright if I am wrong?"
As a trader you will be wrong, often enough
If the answer is no, you won't last
If you’re a young person looking to build wealth:
1. Get out of debt
2. Get 2+ income streams
3. Save 3-6 months of cash
4. Invest! Invest! Invest!
The younger you are, the more that time is on your side.
Get compounding to work for you as soon as possible.
@Bizniz203@CryptoKaleo Lol what? it went down for one year then rallied from 3k-13.8k and went down for another 6 months then dumped again in March for 1 month