Topic: My opinion on future price of BTC and potention ROI - page 2. (Read 313 times)

It makes sense too,
I wouldn't bet all my money on bitcoin because it's risky but diversifying is the best way to secure assets and one of the choices is gold which tends to be more stable, I know the ROI is small but it won't make the price fall like bitcoin.

50% more I will risk in bitcoin storage because I have confidence in the next few decades bitcoin will be higher multiplying, but I will do as much as I can and will not target excessive especially up to $1,000,000 if I myself can HODL to that number maybe something I have with strong hands.

But I believe every 4-year cycle will not be the same, it could be 6 years to see bitcoin bullish.

That is what I explained also. That I can let my hires inherit gold. But not because of how legalized it is but because I have noticed that its price increased in over long time like decades. But that if I am only looking for 2 to 4 years investment, I will prefer to wait until the bear market come and over and invest in bitcoin instead. That gold is boring for me. I have a lot of money to earn from bitcoin than gold when I am still alive. But I can also diversify if it is long term and also let my hire inherit bitcoin also.

So you are saying that 2x, 5x or 10x gains are "minimal"? Try making 10x gains by investing in gold or government bonds.
A 1 million USD Bitcoin price would mean 100 trillion USD global crypto market cap, which is above the global GDP. Such market cap cannot be achieved in the real world. My prediction is that the absolute peak of the Bitcoin price would be probably 250K USD and there's no way the price would ever go above that number. The global crypto market cap is 1 trillion USD right now. Maybe the market cap would hit 5 trillion USD after several years, but this can be achieved only if the big governments and central banks start supporting crypto(which is highly unlikely to happen).

There has never been 100,000x of Bitcoin or any crypto in the past and so it's not entirely true that such period has past when it has never existed. We've only seen Bitcoin @$73,000 which is 73,000x that's if we are considering those that bought Bitcoin at $1 per BTC. Your usage of massive figure seems too big and non factual for me and although the chance of Bitcoin getting to $200,000 is still possible it's still best not to do a speculation of $500,000 to $1000,000+ too soon as the chances of those happening might appear too slim and even if it will eventually happen, it might take longer than the few years years time to see such kind of figures. If it gets to those range of price, Bitcoin will technically turn out to be what's mostly usable by institutions and the whales and will get out of the reach and usage of the common masses.

that gold started off earlier before BTC doesn't mean that it has a better guarantee than bitcoin. No investment is worth going into with 100% of your funds. No matter the level of certainty you have in the investment, it's best to allocate only a fraction for it knowing that uncertainty is an integral part of all investment which is why diversification if done the right way could be an added strategy to building a good portfolio.

That doesn't make sense. Gold funds are far more common than Bitcoin and not to say heavily regulated and legalized. If you're looking for assets to inherit, I would argue that it is easier to inherit gold than Bitcoin given the legality of it.
If you measure how good your investment can be in terms of ROI with a good balance of certainty and risk, then stocks are possibly better. It is also better to invest in crypto in a bear market rather than a bull market. I've also explained in that thread with a caveat when considering investments.

With how volatile crypto is to the general market and regulations, it is quite difficult to know the "right" time to invest. It is better to just DCA if you expect the value to rise.

I like to trade tokenized gold in the crypto market but I do not think I can hold gold for a long time except I do not want to spend the money at all and let my hires to inherit it. Aside that I can not buy gold. I prefer bitcoin.

I will prefer to wait for the next bear market to be over and invest in bitcoin instead than to go for gold that is boring if my investment plan is not more than 2 to 4 years.

I posted this on a thread:



Gold has a boring time as well. But if you know you want to invest in it for a very long time like over 10 years, it would be a good investment. Bitcoin is better if you know the right time to invest.

You make a fair point - it's smart to be cautious but openminded about crypto.  Bitcoin and cryptos are still new, with lots of potential upside, but much more mature now compared to a decade ago.  But they also carry risks.  So diversifying across assets often makes sense for savvy investors rather than betting everything on one coin or token, which is kinda like a gamble.

I respect your balanced perspective.  You seem to grasp both the possible rewards and pitfalls.  Maybe that nuanced view comes from experience or from following the space closely.  In any case, kudos for not just chasing quick wins.

Bitcoin is now over $50,000, a figure that seemed unimaginable to most 10 years ago. Is it over? I don't think so, but the days of turning pennies into 100,000x are definitely over.

I believe Bitcoin and the crypto market in general is under-priced because of world events and economics the past 5 years. However, I believe the gains that are to be had moving forward will be minimal in comparison.

Sure, there will be some pump and dump meme coins and other Luna fiascos that will make some people rich and break others.

As for Bitcoin, I believe it will continue to steadily rise over time (with the expected market swings every 4 year cycle), up to $100,000 then $500,000 and eventually $1,000,000+.

Will inflation and economics in the future cause BTC to rise exponentially to Millions or Billions of $? Possibly, but who knows if the internet and computers as we know it will even exist then.

So realistically, I'm seeing 2x, 5x, maybe 10x returns in the next 5-10 years. A great, secure store of value and steady ROI. I love the practical nature of crypto-currency and will continue to use and invest in blockchain technology. There is real value in the ledger and transaction history with every crypto. Just like the Rai stones have continue to appreciate in value, even the one dropped in the ocean is counted as a transactional record and store of value.

However, I will never again put 100% of my time, energy, money or as they say... all my eggs into Crypto.

Diversification of investments and assets is really the only way. And if you want to be 100% real, Gold/Silver is really the only thing that's been solid since the beginning of humanity.