Lawyer John Deaton: Bitcoin is still worth buying despite the price of $106,000
Deaton reveals that 80% of his net worth is in Bitcoin, with an average purchase price below $25,000. However, even though BTC has now surpassed the $100,000 mark, he does not believe it is "too late" to invest.
According to Deaton, the current six-figure price is actually “asymmetric,” meaning the potential for price increase still outweighs the risk of price decrease. He believes this is a rare investment opportunity, as the long-term rewards are still worth pursuing — even though the price is much higher than in the past.
This statement once again demonstrates Deaton's strong belief in Bitcoin as a strategic asset for the long term.
What about you? Are you still buying BTC?