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Topic: My opinion on future price of BTC and potention ROI (Read 312 times)

hero member
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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.

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.
hero member
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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.
hero member
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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.
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.

Quote
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.
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.
hero member
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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.
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.
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 Wink.
hero member
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Leading Crypto Sports Betting & Casino Platform
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.

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+.

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.


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. 
legendary
Activity: 3710
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www.Crypto.Games: Multiple coins, multiple games
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.
legendary
Activity: 3906
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Decentralization Maximalist
It's nice to see predictions of older forum members Smiley With most things you wrote I agree, except with:

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+.
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 Smiley

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.
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".
legendary
Activity: 3808
Merit: 1723
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.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
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.
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.
hero member
Activity: 2842
Merit: 772
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.
hero member
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Bitcoin To The Moon 📈📈📈
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.
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.
hero member
Activity: 3164
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www.Crypto.Games: Multiple coins, multiple games
the days of turning pennies into 100,000x are definitely over.
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.

I keep hearing influencers and evangelists expecting 50x or 100x returns for the next couple of cycles.
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.
legendary
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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.

So you are saying that 2x, 5x or 10x gains are "minimal"? Try making 10x gains by investing in gold or government bonds.

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.
legendary
Activity: 2618
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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.

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.


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.

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.
hero member
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I don't request loans~
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?

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).
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.
hero member
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Leading Crypto Sports Betting & Casino Platform
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.
hero member
Activity: 3038
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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+.
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.

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.
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.
hero member
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Leading Crypto Sports Betting & Casino Platform
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.[/size]
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.
legendary
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Lightning network is good with small amount of BTC
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.
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.
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.
legendary
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Crypto Swap Exchange
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.
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.
sr. member
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HODL - BTC
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.
legendary
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Lightning network is good with small amount of BTC
I like to trade tokenized gold in the crypto market but I do not think I can hold gold for a long term 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. J prefer bitcoin.
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.
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.
hero member
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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).
full member
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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.


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.[/size]
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.
legendary
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I like to trade tokenized gold in the crypto market but I do not think I can hold gold for a long term 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. J prefer bitcoin.
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.
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 in a thread:
-snip-
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.
legendary
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Lightning network is good with small amount of BTC
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:

The answer depends on what you're currently prioritizing. My investment right now tends a lot more towards gold rather than Bitcoin and it's for a fairly good reason.

Gold is far less volatile and is less affected by major policy changes or the economy in general. I'm not as comfortable with putting the majority of my assets into Bitcoin precisely because it is comparatively riskier than traditional assets. I do believe that Bitcoin has a future, but as far as the general market goes, Gold is a safer choice and far more stable for the average joe. I'm neither encouraging or discouraging you to invest in either, do your own research and understand how each currency works before making your investment decisions.
Gold is less volatile. But can the less volatile time be very frustrating as it frustrated people in 2010 to 2015 in a way its price behaved like Fiat price? I think it may be possible at anytime. What makes gold price to be devaluing at the time? You can see it from the image that I posted. It fall from above $1900 to below $1100 with the years.





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.
legendary
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Top Crypto Casino
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.
legendary
Activity: 2026
Merit: 1034
Fill Your Barrel with Bitcoins!
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.
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