Topic: My plan - 20k to 500k (Read 208 times)

I think this might be what some of us investors might want to happen, see Bitcoin back at $20k, well cant say it is impossible but highly unlikely that it falls back to the price and it is good to dream about how we can become millionaires through Bitcoin investment but you definitely most have the patience for this to happen cos your target might not be in the next few bull circle.

Continue Dreaming there is no rules about that But Don't forget that even in dreams you will be failing a nd not having a sweet dreams all day.

20k price of Bitcoin in Few months? how did you know and where did you find that ? are your crystal Ball is really bringing you reality or hallucination?

Your plan looks so simple and achieveable in theory but practically, what you wrote here is close to impossible, if not impossible.
What is the assurance that your altcoins will will double up in value in the next few months? What makes you so sure that the value of bitcoin will drop to $20k in the next few months as well? You should also know that there is no prediction or speculation that can accurately predict the price of bitcoin at any time. No one can say accurately say what will become of the price of bitcoin.
I'd say you come up with a more practical plan such as trading to make money

First of all, it is important to have a plan. It reads very simple, but you will face many hurdles. In the long run you should follow it and sooner or later you will hopefully find a jewel. Then it's a matter of being ironclad and not selling prematurely.... and with good luck a bullrun will come and no drop. With Altcoins you can make bigger profits in the short term. With BTC the plan is more long term.

Good luck with your plan, but be careful because sometimes, what we want can not always happen and we need to have patience. You can use your $10k to trade with many pair and I think you can increase your money to $20k. But I am not sure if bitcoin will drops to $20k in the next few months, and if that happens, I am sure many people will use that moment to buy as much bitcoin as they can because right now, we see many newly rich people from crypto. I hope that will happen in the future.

Nothing wrong with people dreaming of things that they want to do, it is free after all. I don't get what OP is planning with his/her portfolio because that seems lackadaisical to me devoid of any method or analysis.

Well, wish you good luck if you want to buy bitcoin at 20k.

20k is only possible though if tesla and microstrategy sells their holding to fiat.

Market is so unpredictable because of being so volatile, so how can you easily make a plans for your investment? Such that way wherein without any specific information like why/how it will happen.?
seems like you really knows what will happen in the near future .lol

No offence but i suggest to stop that nonsense point of view.. Read some news about the market. And focus to the coin where you can truly gain profits if you're really serious to invest your money..

I wish your intention to reality. But do not know when Bitcoin will reach 500k as you say. How long is it a few years? You have enough patience to wait. Previously, the price bitcoin was just now sold as soon as he felt a word. After selling Bitcoin prices 5 times, I was extremely regretful if I was hard to wait, I was rich.

Getting acquainted with the considerations of users of this forum, I also begin to dream. Of course, the price of 20K will be just a gift, but it will not happen this time. I do not believe that in this correction the price can drop below 48K, but, as always, market makers think their own way and send the chart to where it is profitable for them. Let's wait, only time will put everything in its place.

500K this year is 10 trillion marketcap not realistic . Maybe alts can go 10x but also is not too easy on this stage of the bull market.

Only thing that I've noticed is that you are wishing for something to happen to btc to drop at $20k. I don't know, but for me it won't happen again. This is the problem with most investors though, they didn't put a realistic target, or a goal that is contrary to reason, so preposterous that you think it will happen.

Probably bitcoin will reach $500k first before it hits $20k this year, just saying.

That’s likely how many people enter the market, with the mental illusion of coming-up with a plan that will make him (somewhat) rich in a couple of years tops. Now for some people, that may have turned out to fulfil (good for them), but for the vast majority, the plan turns to deception.

Looking at things retrospectively, one can probably find a plan that, takes him where he would have wanted to be, had he done x, y, z, etc. at the adequate time (t0, t1, t2, etc.), but of course past patterns are no guarantee of future behaviour, and it’s not normally going to be down to what you do, but when you do it and for how long. These two latter dimensions add a lot more complexity to becoming a clairvoyant.

I am also going to buy tons of alts that will do for me 10x easily.
BTC is more a safe investment for me. I buy for 20k and I know for sure that it will hit 500k in the next years.

Bear market (mid-term) knocks the doors but people have yet realized it and they think the market will give them lucky jackpots for everything they buy, and at every time.

The correction of Bitcoin market will get rid of many newbies. The market runs on its own rules and newbies can not be safe but I hope that they won't make suicide by their greediness, faults and blind belief.

I know they won't listen to advice and when they read such post like mine and yours, they will feel we are crazy and stupid.

Your current plan you can adjust to the pattern of your dreams, but the market determines how your profit conditions. The market can change at any time and you can get profit or loss at any time. So I think we have to be realistic in seeing the benefits we receive, even though they are not what we expect in the portfolio

Ah, bull markets. Nothing like random people appearing here and there that think they can exactly predict how the markets will move.

I sort of miss bear markets now.

lol it is nice to dream

The odd's of your alt-coin going 10x in the next ten years is high

The odd's BTC going 10x in the next ten years is nil, the odd's of btc going 2x ( $100k ) is close to nil, its an economic problem, sort of like BRKB stock; only corporations buy $300k stock, not little people

It's like dogecoin right now, its easy to get 400% increase in a week, on a 0.001cent coin, but on a $60k coin, who in the hell is going to buy? The average joe-blow has 0.05 BTC, or $3,000 in BTC;

The reason we went from $20k to $60k in the last six months is because our MUSK, and other criminal billionaires took out cheap COVID loans and bought BTC, to make their balance sheet at their failing companys look good, this is not new years ago DeLorean used corporate cash to buy cocaine to save his company.

During the past week while BTC went down 20% most good private alt-coins saw 25%/day gain, this will continue, as stimmy-checks can get an alt to 10x,

Most of our newbs to crypto, want to get rich quick, they're not going to get rich by buying $1200 of BTC, on the other hand anybody that bought $1,000 of DOGE a month ago now has over $50k USD

Keep your alt-coins and make some real money, if you must own BTC, wait for the price to drop back to $6k

...

The issue is this, BTC has screwed its communtiy, they have refused to address the issues, they have worked with the IRS to enable COINBASE, they have refused to make BTC private, they have allowed CHINA to dominate the mining, it can be said that "CHINA owns this board" this is clear, because at this point in time, only CHINA has real interest in BITCOIN ponzi to be continued

I think real Americans own stuff like Horizen, or other privacy coins, that were created by real American's, hell even Ethernet is outside of USA

In summary, if you have found a good alt, that has privacy, and is hard to hack, and has no record of major-theft then hold on, you will do far better than to own BITCOIN, which is a dinosaur

I have protofilo with 10k that I plan to make 20k with my altcoins within few months. After few months bitcoin will drops to 20k and I will buy with my Balance 1 btc.
Within few years bitcoin will reach 500k and I will be rich selling btc for 500k.