JayJuanGee
I'm working on a model for the pain threshold of btc investors. What is the point at which you sell everything, and refrain from telling anyone you know that you even flirted with such a thing? I acknowledge that either of these things could happen, but what is the price point that both do?
Kind Regards,
Surely, I am irritated by the long stagnant price; however, I remain a buyer and holder, unless there is some kind of negative change in the fundamentals of bitcoin.
Even though, in the bitcoin world, in the last couple of years, there has been some political drama, there have NOT really been any material and/or substantial negative changes in the bitcoin fundamentals.... therefore, buying and holding seems to remain a decent strategy.
In other words, there are some people, including myself, who are NOT directly motivated by price (in terms of getting scared of long term lingering low prices). Also, largely, bitcoin price really as been lingering in the lower $200s territories for 6 months, but that fact does NOT really break bitcoin or undermine its utility in any meaningful way.
