Should I buy Bitcoin right now?
Bitcoin has been more expensive than it is today in 92% of the weeks since 2014. It is sitting right on its four-year average price.
Bitcoin's price has followed a long, slow curve for sixteen years. Extending that curve is the least bad way to guess at the future. It is a guess.
| After | If it goes badly | Middle | If it goes well |
|---|
Nobody knows. The low column is not a floor — a year of holding Bitcoin has lost 84% at its worst.
Every four years the supply of new Bitcoin is cut in half, and the four years that follow have rhymed three times now.