It would seem that time horizon is a key point in any discussion about financial stability as it pertains to Bitcoin. It would mean starkly different things to someone who invested in 2015 than it would to someone investing more recently. People coming in from traditional equities don't have a grasp of how volatile bitcoin can be. Can you imagine if the stock market had five 20% declines in the last year, as Bitcoin has had? There would be panic in the streets whereas Bitcoin has weathered these volatile events to emerge within striking distance of its all-time high. There will always be folks that buy when there is a sizable decline and then sell when there is some appreciation. The key to Bitcoin achieving $80K and beyond, is for people to take a longer term HODL attitude and not treat it as a short-term investment vehicle.
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