Did you also balk when the price rose to $100, $1000, $10_000, and were laughed at? Perhaps you will be laughed at again if the price goes back toward $100_000

Did you also balk when the price rose to $100, $1000, $10_000, and were laughed at? Perhaps you will be laughed at again if the price goes back toward $100_000. The point is, you can be right some of the time, but it's a purely speculative market, and no-one really knows where it's going. Is bitcoin 'worth' nothing? Yes. Is it worth whatever people are prepared to pay for it, which could be millions? Also Yes.