Topic: My opinion on future price of BTC and potention ROI (Read 313 times)

There is every possibility but with no certainty because you can't predict the future of bitcoin but with hope something good gonna come where people have to be optimistic about the prices. About gold yes this is another sure and secure investment over years it has been proven to exist though Bitcoin is nearly 15 and half years unlike gold that has stayed for thousands of years yet is still solid and I believe with time we could have bitcoin grows to that extent, maybe we may not be there anymore to see how the future of bitcoin gradually grows and changes up. Who knows what would be the price by then judging by this cycling period which push bitcoin grows above how we expected it.

You've been here before us OP and I wonder how much BTC you're able to hold over the period of time. But it's a wise move to diversify your assets and the profits that you've made in Bitcoin together with other cryptos. That's how it is likely to be in the future for Bitcoin, we'll no longer have those wildest fluctuations that we ever had. From $1k to $200, $20k to $3k, from $69k down to $16k. Those were like the wildwest that the early adopters have experienced. We may still have that kind of volatility but it might be lesser as time passes by because of how many holders are there and people aren't willing to sell their Bitcoins treated as retirement fund or whatsoever. Nothing wrong to stick 100% in crypto or Bitcoin but it is also not wrong when you start to diversify somewhere else and go with other assets.

Not having to diversify have been a huge error for some when it comes to investment. Of course there are families that have built there name out of a brand and happen to grow a business such that, it gains prominence and stands out but, not of this kind as per Bitcoin or cryptocurrency investments.

One thing most people are just not when it comes to cryptocurrency or should I say Bitcoin investments is open minded. People don’t want to entertain the idea of ups and down with Bitcoin price, the idea that you can encounter loses and it’s very hard to understand. How people invest in a highly volatile space and not expect some turbulence which is always a possibility.
You have chances of profit and so also the chance of a loss.

If we are talking about months or even some years, I agree, but decades? I think this sounds long already, so I also think that the gains that we can get from them are now bigger than usual. Gold can be a good hedge against inflation but why not use Bitcoin instead? Not only that it can work the same but at the same time you can also earn greater profits from it even in a short period of time only. Gold is an asset in which it had a lower supply number, so its value is already higher than fiat with or without economic crises but I think assets like gold can also be affected by it. It can still be a good thing if we will buy during it and their value can still recover after some time or if when the economic crisis subsides.

If people can be able to mine more gold then its value will actually rise because there will now be less supply left. Gold is not new and it's already valuable than compared to before, so like Bitcoin, its mining difficulty is now at its all-time high. You are right that we might need an advance technology in order to continue our mining operations but the cost of it will also not be cheap. Oh well, as a normal individual, it's better to just buy instead .

Like I have outlined some points from your post, first I want to acknowledge the fact that the days of turning pennies into multimillion-dollar profits are over, but I still love the fact that you did mention that there are indeed a few altcoins that will really make some investors very rich once the token or coin gets pumped. For example, fifteen years ago, one would spend $1.008 to get 1,120 bitcoins at a rate of $0.0009 each, and if one sold that same volume of bitcoin today, the profit attained was wow, while the capital of such an investment was just a penny. I don't think there is any coin or token in which one will invest only $1 today and expect to get a handful of unmeasurable profits in the future; those days are  gone. You are right @BitcoinBarrel.

We don't know what the future might be, but if Bitcoin continues to exist, it might definitely get to $1 million one day, but even until then, the capital that is required to invest and get a significant amount of Bitcoin is huge and something that so many people cannot afford, apart from the fact that some are using DCA to accumulate some fractions steadily. 

Diversification in investment is good, and apart from the gold and silver that you mentioned, there are so many other things too, and one must be open to other opportunities and not be a maximalist. 

If we consider 10x return on 10 years, that feels like that's a lot. Even if we consider it yearly, that would mean that we are talking about a huge return, why is that a bad thing? The sentence literally says "10x in 5 years" in it, not saying that's all, it says 2x-5x-10x and it says 5 to 10 years, but even the worst isn't that bad.

I believe that we could make a lot more than this of course, because 10x in the next 10 years isn't that likely, we are going to do probably more, I expect at least 20x, which would be a bit over 1 million and likely result in the next decade, but that's my idea. I mean its clear that not everyone thinks the same way, but if I had a guarantee of 10x in the next 10 years, I would put in even more money into crypto than I am doing right now.

It's nice to see predictions of older forum members With most things you wrote I agree, except with:

My prediction is that the 4 year cycle will break eventually. We will see 3 year cycles, 2 year cycles or 5-6 year cycles in the future, in my opinion.

The reason is that halvings are losing their effect of boosting the price, as miners are only one of many important seller groups in the Bitcoin market. So the cycles will be more like those at the stock market and depend on the economy in important countries and other factors.

In 2019 we likely already had a "preview" of what could happen in the future: BTC rose spectacularly from 3000-4000 to 14000$ in only a couple of months. But then Covid came and a much larger dump than expected. If Covid didn't happen, I think it's likely the price had reached an ATH in early 2020 and a cycle top before 2021, or at most in early 2021. This would have been a 3-year cycle.

I also think the current cycle may be shorter than some believe, and expect a cycle top already in late 2024 or in early 2025.

But there's an event which could trigger a longer cycle (a "Supercycle") of 5 years or more: the gold flippening. This would be the event where Bitcoin would be first perceived as a real competitor to gold, with many companies and also increasingly some central banks trying to accumulate thousands, tens or hundreds of thousands of coins (I hope not millions though, that would be a threat to decentralization). And in consequence its "market cap" reaches the estimated total value of all gold in the world (currenty about 13 trillion USD). This could happen when Bitcoin's price reaches comfortable six digits (say, 250,000$ upwards).

I believe this event won't happen in the current cycle, so I believe we will have still some time for sub-100.000 coins. It's however possible that the recent local price lows are close to the minimum price we'll be able to get

And here I also may disagree: it's possible that if Bitcoin wins the "gold flippening war", gold's importance could lower and it could tumble as a "safe haven asset".

Our market cap is just way too big to get 10x, especially with Bitcoin. Maybe with some mid-cap alts its possible but not with Bitcoin. If Trump wins the election, then I can see $100K sometime in late 2024 or early 2025, however I don't think we will see $150K or $200K anytime soon.

We got tons and tons of BTC ETFs which are being bought up and yet we right now fail to break $100K. So you need to remember, for every buyer there is a seller. And it means many of the OG are slowly cashing out and this is why its struggling to make new highs.

exactly, even investing in gold for decades doesn't mean it will create us wealth or anything, at best it'd just gatekeep inflation from creeping up to our wealth and it won't be a life changing investment unless if somehow economic crisis hits and gold is valued higher than the fiat then it' be a life saver but gold can be valued less as well if there's some technological advancement appear that could help us mine even more gold such as interplanetary mining. I mean it's still far away but it's indeed possible.

that's why since I want to create wealth anyway i will just settle with bitcoin and any other asset that got the potential of rising and the growth that outperform inflation.

Yeah, I think smart investors are into it already, they have multiple passive income from different source, including crypto, stocks and gold and other commodities or investments. But obviously for us though, it is Bitcoin that should be in the majority of out portfolio.

For sure stocks and gold have good returns as well, but crypto is the new wave of investment. As you have said, it has given us tremendous profits in the last 10 years and I doubt that we have seen that returns on other assets that we have in the past including gold. And then crypto has one advantage as well, you can used it as sound money too, although you really need to be technically inclined as some point.

Gold and silver to minimize risk but by generating wealth takes decades because the annual rate of increase is very small, some investors still believe in securing their assets in gold and silver to keep it from declining.

If the faster growth is of course bitcoin, we can see 119,540,049% since the last 14 years there has been no other asset that can grow this fast, so bitcoin is now the choice of many investors to make money despite price fluctuations.

Diversification is part of the strategy, because no investor puts all the money in one bag, surely from them diversify in several assets and this as security when other assets do not fall.

This must be an orthodox approach by traditional speculators who are all familiar with stocks and other such markets. You need to remember that every halving making bitcoin scarce which must be an all new concept where most most speculators may fail to be accurate when predicting the future of bitcoin. Those people do consider only the limited supply of bitcoin but not counting the other properties of bitcoin especially phycological aspects of bitcoin; for example, halving may trigger FOMO up to unimaginable levels.

I mean still 10x growth will be possible on every bullish year of bitcoin market cycle.

Because, the belief on decentralization against traditional banking is slowly spreading out by realizing its true potential in real time. Legalization and ETF are other step stones toward moon.

I have expressed similar opinions to the OP in other threads. I think the spectacular returns for Bitcoin are over, although I keep hearing influencers and evangelists expecting 50x or 100x returns for the next couple of cycles.


Or in the stock market. If you do it in an index fund, it's normal for returns to be less than that, on average 10% a year, and I think Bitcoin has years left of exceeding that 10% on average. If you play the game of buying individual stocks, usually small caps, you're either Buffett or you're playing the lottery.

Diversification needs to be done for several reasons, of course one of which is minimizing the risk of falling prices due to price volatility. Bitcoin is believed to become more expensive as time goes by, but over a certain period of time, the price will fall following market cycles and trends. But some investors have considered bitcoin as a long-term hedge, even without or diversification.



You don't need to wait decades for the price of bitcoin to increase manifold, the time frame we need is even shorter. Bitcoin has risen hundreds of percent since last year, in fact this year we have seen its price touch a new ATH. It doesn't take decades for bitcoin to make its holders get 2x to 4x returns, usually it's just a matter of years.

In the long term, I would also place high optimism on bitcoin especially regarding its price. Even if $1m is too high for now, we don't know exactly how much it will be in 5 to 10 years when there are several new cycles that will pass.

Well, I wouldn't put all my eggs into Bitcoin even if it was the old days. It wasn't without reason that people warned it was a highly volatile asset after all. Can't say anything about it being underpriced idrk jack about that, definitely believe we're still going up though. Maybe at least 2 more cycles before we see an actual change?

The sad thing is a lot of expectant investors actually think that 2x is minimal lol. They came entering Bitcoin wanting to turn their $100 investment to millions and well, I guess that's what OP was talking about being impossible now. I've also iterated the same thing before that Bitcoin ROI wouldn't be as big as most people expect it to be, but it's still going to be there and make profit in the long term which is what I'm accomodating for with my DCA.

gold/silver is solid but won't generate that much wealth it only good for combatting inflation. I mean, what you mean by solid anyway, is it the growth? or is it stability? if it's growth im pretty sure bitcoin is more solid since the past decade bitcoin has gone up really high and right now entire market of BTC worth trillions of dollars.

regardless, diversification is indeed important like as you said, just make sure the capital is big enough that diversification isn't just a financial overhead.

I agree that those prices are realistic but it might take time this time. Based on the historical heights of Bitcoin, the increase has decreased and we'll get stability from it. You're right that it could be over we'd not see anymore Bitcoin moving 1000x or more within a cycle and we're done with that era.

But the stability that it has got will secure its way to $1M and more.

That's what an investor must do. If you came from crypto 100%, you'd diversify that somewhere else since you've profited in here. It's a typical move that you're also moving your assets after you profit from them.

But we might have different route after crypto, I think that the majority will never cross out the real estate.

Generally, what makes an investor a good investors amidst others in diversification of investment, as the future is not ours to say, it makes packing all your eggs into one basket  much riskier than even the risk embedded in the asset you're investing on. Irrespective of how much a lot of us here in the forum may be optimistic about bitcoin  we still do diversify some portion of our funds to other areas (assets) that seems brighter (profitable) in the future, all in expression of safety and cautiousness to whatever uncertainty that may arise.

I like gold and real estate investment as much as I do with bitcoin though ROI from respective assets significantly differs. And for the first row former assets it demands a high capital or funds to invest and grow a significant profit from it. I think that's what discourages some people to even go gold-ish in terms of diversification despite how old as humanity gold has been around.

Example of the bull run that I am talking about is when bitcoin fall significantly to $15500 in 2022. I have predicted that 2023 would be a bull run year. After a great support at $15500 and bitcoin moved to $17000 which indicates buy at the time. As bitcoin gets to over $20000 and not fall back for days is the bull time that I am talking about. I prefer not to invest at bear market during the time. Also many indicators showed at the time that bitcoin will not get t below $14000. I can not see the short opportunity and prefer to invest in gold when I have small amount of money to invest.

Bull market is not a good time to invest in Bitcoin, especially if you can't time your investments. Bear market is better in comparison.

Gold is meant to be stable but at the expense of returns, but if you're actually looking for somewhere to put your funds for a long period of time with far lower risk and decent returns, S&P is quite good at diversification and returns. No doubt that Bitcoin can be an incredibly risky but great investment. It is probably better to diversify your holdings and make sound investment decisions rather than basing it off on historical statistics.