@OtherKindsMoney@100trillionUSD Hypothetically, let's say no one buys bitcoin anymore. And bitcoin becomes scarcer and scarcer as the years pass. What happens with the unit price? What's the definition of scarcity here?
@100trillionUSD It's impossible what you are showing there. Then BTC will become the largest asset in the world based on market cap, it even has to triple, maybe even quadruple the market cap of Microsoft. In other words, sum up market caps of Amazon, Microsoft, Nvidia, ... And total will be BTC
For most people, I strongly recommend a HODL strategy rather than an active trading strategy to try to catch the elusive opportunities like below.
Not financial advice.
@BTCSINGH That's the perfect world, if you like spending hours daily studying the market and charts. Most people don't have the time for that and mostly buy coins from the top 10 by marketcap and hodl that for years.