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HomeUncategorizedDavinici Jeremie: Not Buying Bitcoin Is Biggest Mistake You'll Ever Make, Expects BTC Never Drop Below $80K Again

Davinici Jeremie: Not Buying Bitcoin Is Biggest Mistake You’ll Ever Make, Expects BTC Never Drop Below $80K Again

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Davinci Jeremie, one of the early adopters of Bitcoin, has termed not holding the asset one of the biggest errors one would make in their existence.

Jeremie always knew something was special about Bitcoin, the first and most prominent cryptocurrency in existence. Recall that he was literally begging users to buy even a small portion of the digital asset years ago, when it traded around $1.

Now, he is making the call again above $100,000, insinuating it is still early to buy now. In a June 3 tweet, he called not owning Bitcoin the biggest mistake one could ever make in life.

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Again, Jeremie Sounds the Clarion Call

Bitcoin surged to a new all-time high of nearly $112,000 in May, continuing its ascent to previously uncharted territory. Interestingly, people are already regretting not engaging the asset when it was barely anything.

Trevor Noah, for instance, a popular South African media personality and comedian, called not buying Bitcoin a few years back the biggest mistake in his entire life. While he has acquired considerable affluence, he said at the Web Summit Qatar 2024 that he still regrets the snub to date.

Other people, like Charles Schwab’s CEO Rick Wurster, have also expressed regret in missing out on Bitcoin. The latter said he felt “silly” for not buying Bitcoin, noting that some of his folks made a lot of money with the asset.

Nonetheless, many, including Jeremie, believe it is still early to own Bitcoin despite its millions of percent increase since its market debut. The Bitcoin OG suggested in today’s post that holding it can still make a significant difference in one’s financial life.

His Tuesday tweet emphasized the importance of diligence in accumulating Bitcoin, despite recent highs. Jeremie stressed that not taking the orange pill is a financial state that one needs not to be in. He did not mince words, explicitly suggesting it would be a life full of regrets for non-Bitcoiners.

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Bitcoin Still Cheap

Meanwhile, Jeremie is not the first with such conviction that Bitcoin is a must-have and still worth buying at current prices. Considering the long-term trajectory of the asset, many top investors and wealth managers believe the asset will still benefit buyers extensively at this stage.

For instance, Michael Saylor has repeatedly urged Bitcoin exposure, stressing that those who have not bought will regret it while the underexposed will wish they had bought more. A top investment manager, Lawrence Lepard, also called Bitcoin an opportunity of a lifetime, urging users to buy the asset before it gets to $10 million per coin.

Even Eric Trump stated that just 0.1 BTC is enough to make a financial fortune. According to him, you don’t need to be a “wholecoiner” to benefit from Bitcoin’s massive upside potential.

Bitcoin Would Never Drop Below $80,000 Again: Jeremie

Meanwhile, Jeremie also suggested that Bitcoin may never fall to its 2021 peak price of $70,000 again. In a parallel tweet, he emphasized that the pioneering cryptocurrency may never again fall below $80,000.

While many have called for a steep decline in early 2026, Jeremie believes Bitcoin would not drop more than 24% from its current price of $105,664. While he did not provide further context, his post suggests the asset has more room for growth. As a result, it may not correct more than a certain percentage.

Nonetheless, Bitcoin has a history of retesting its previous cycle’s top during bear markets. For context, Bitcoin retested its 2013 top after hitting a new all-time high of $19,804 in 2017. It also retested 2017’s peak after its $70,000 all-time high in 2021, confirming the trend.

Notwithstanding, the asset’s growing maturity and institutional presence may make an exception for it during the bear market. Meanwhile, this remains highly speculative.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Elendu Benedict
Elendu Benedict
Elendu Benedict is a refined cryptocurrency writer with over two years of experience in the field. With a thorough understanding of blockchain technology, cryptocurrencies, and market trends, as well as proficiency with ETFs, DeFi, and Web3, he specializes in writing engaging and educational articles on a variety of crypto-related subjects.

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