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Topic: Is doubling your investment more probable than we think? - page 9. (Read 1217 times)

hero member
Activity: 826
Merit: 1010
Only BTC
Whether it is doubling your investment as you say, or expecting a greater pump in price, they are all speculations or predictions; and it doesn't really matter what mr A predicts or what mr X is expecting, because we cannot know what will happen and we can only wait.

What matters is that you are not buying more than you can afford to lose, and that your prediction and expectation isn't affecting your decision making in real life, if you are not doing any of these, then we can make predictions as we like and people should understand that those predictions do not influence what will eventually happen as most of them are just pulled out of a hat.
sr. member
Activity: 826
Merit: 326
Leading Crypto Sports Betting & Casino Platform
This could happen. It could probably be over $50,000 or lower. And I think maybe some people too, that when the market is bearish and prices are still close to the lowest price range or lower low, this is very good for accumulating or buying. Often prices will stabilize at this time for quite a long period of time and provide an opportunity to make a purchase. And we are all sure and perhaps have experienced it during the previous halving period, that the price of BTC will start to rise and turn into a bull market after the BTC halving occurs.

Dyor.
newbie
Activity: 24
Merit: 2
With the next Bitcoin halving less than a year away, everyone's speculating about what will happen to the price. Some people are expecting a massive surge, while others are more pessimistic. Huh

I'm not sure if Bitcoin will reach a new all-time high of $100,000 in the next year, but I think it's definitely possible that it could surpass $50,000.

That would mean doubling your investment if you buy now.

Of course, there's always the chance that the price could go down instead of up. But even if that happens, I think Bitcoin is still a good long-term investment.

It's a scarce asset with a limited supply, and it's becoming increasingly popular as a store of value and a medium of exchange.

So, if you're looking for an investment that could potentially double your money in the next year, Bitcoin is worth considering.

DYOR

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Exactly @Ultegra134 hodling returns over the years under Bitcoin have proven to be very profitable.However one should not input too much trust into Bitcoin rise in the next halving.The idea of Bitcoin reaching $100k or more is a thing of enthusiasm  or hope I would say which still has a chance of happening
Bitcoin has been a very profitable investment over the years, but it's important to remember that it's also a very volatile asset. There's no guarantee that Bitcoin will continue to rise in price, even after the next halving.

Some people are predicting that Bitcoin will reach $100,000 or more in the next year. Others are more pessimistic.

I'm not sure what will happen, but I think it's important to be realistic. There are a lot of factors that could affect the price of Bitcoin in the coming months and years, including the global economic climate, regulatory changes, and overall adoption.

If you're thinking about investing in Bitcoin, it's important to do your own research and invest only what you can afford to lose.

 Bitcoin is a risky investment, but it could also be very rewarding. If you're comfortable with the risks involved, it's worth considering. But don't expect to get rich quick.
sr. member
Activity: 308
Merit: 448
Math + Code = Blockchain 😁
Exactly @Ultegra134 hodling returns over the years under Bitcoin have proven to be very profitable.However one should not input too much trust into Bitcoin rise in the next halving.The idea of Bitcoin reaching $100k or more is a thing of enthusiasm  or hope I would say which still has a chance of happening
member
Activity: 62
Merit: 18
I know that these are all pure assumptions, but instead of speculating massive ATH and 3x or 4x returns, which are way too common in the forum, why not expect something that is more probable to happen in the near future? And to be honest, doubling your investment is a great yield that cannot easily be found in other forms of investment.
Your opinion about the bull market isn't far from the truth, but I think almost everyone now picture the bull run with an idea of pure assumption. Too many expectations, but no certainty of what might happened. I would love to see the halving process come soon, so as to reduce the tension among those with too much expectations, and I hope the expectation of the majority doesn't turn to disappointment.
hero member
Activity: 1540
Merit: 744
With halving less than a year from now, the majority of us are speculating a major increase in price and possibly the start of another bull market after 4 years. Some are expecting to surpass the previous ATH of almost $70,000 and possibly reach $100,000. Although this scenario sounds great and all, I'm not quite confident that it'll happen in the upcoming year or so. The current economic condition in the world isn't too promising and, in my opinion, will set back investments in general, including bonds and the stock market. I hope I'm proven wrong, though.

However, I tend to have a more pessimistic and down-to-earth approach to this matter. Bitcoin's current price is ranging from $27,000 to $28,000 as we speak, while we will also occasionally see it as low as $25,000. With that being said, in my opinion, sometime after the halving, the scenario of Bitcoin surpassing $50,000 doesn't sound too impossible to me. Thus, if we suppose that someone purchases Bitcoin now, approximately within a year, he or she may be capable of doubling their initial investment.

I know that these are all pure assumptions, but instead of speculating massive ATH and 3x or 4x returns, which are way too common in the forum, why not expect something that is more probable to happen in the near future? And to be honest, doubling your investment is a great yield that cannot easily be found in other forms of investment.
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