Graham Stephan: BTC will fall

The window it was checked over

BTC closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

What was said around it

of it I'm definitely not a risky investor and I tend to play it overly safe with the other 99% and some might even argue that 1% isn't even worth it but for me I care more about preserving my money in a well Diversified portfolio then I am about trying to maximize the profits for every single dollar if I were a young whipper snapper again maybe I would think differently but for where I am right now in my life and my career I feel like a 1% allocation just makes the most sense and lastly let me just say this many of my original thoughts on bitcoin remain unchanged I still think it could potentially collapse down to nothing I also think it might head to 100,000 I don't think any amount of charting or analysis is going to accurately predict when and where this will end up so I would never Advocate anyone buying in an amount that they're not fully prepared to lose in the big picture of investing Bitcoin is still very new I still think 12 years of history is not enough to estimate a value 30 to 50 years from now there's so many unknowns that could really throw a curve ball fall at this at any moment and that's something to be prepared for I also believe there's no harm in taking profits

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