Topic: Will BTC hit 1M ? (Read 1455 times)

And when you look at it, or at least Bitcoin's past history, you will see that the demand are increasing like every 4 years. And so the basic law of supply and demand are going to be applied here. And that's what makes Satoshi one of the most brilliant minds in our time because he was able to design Bitcoin to halved every 4 years pushing the demand to higher levels.

So I wouldn't be surprised to see Bitcoin $1 million in the future. Hopefully, we are still here to witnessed that time and then we can tell the story that we are here when the price is this little X amount and it gradually grows throughout the years.

On the moment that you have decided up on holding up your coins for long term then it would be always best that you should really be that refraining on watching on whats happening in the market specially on the price
on which this is something that will really be making you impulsive on the time that you would really seeing those numbers dropping but if you are someone who do have that strong and controlled kind of emotion and other
means then it wont really be that much of an issue but if you do find yourself that highly reactive then it would really be better that you should keeping yourself be wary about price conditions or situations.

Speaking about Bitcoin hitting up on $1m then this is something a very tough thing to consider or simply far too stretched of on which considering that numbers are already that too high.
Well, when it comes to future then no one really knows on what would happen on which it would really be a common approach that there would really be  those people who would
really be having those kind of optimistic approach and assumptions on things.

Weak hands could get out way before they should, and that's of course not going to be easy for them to keep watching us do great, they are not going to be doing all that well if they end up with such a situation. I think it's clear that we are going to end up with a big trouble and we should probably avoid selling during this period.

Many people will end up with a lot of trouble and they are not going to be happy about the situation if others keep selling, people who hold as long as possible wants others to do the same thing and when we see the market crashing that means a lot of people sold. Why would anyone sell during this period? We are at after halving period right now and it means that we are going to end up with a result that's going to cause a lot of trouble if the market doesn't come to an agreement on the movement.

Yes that's right. I'm sure it will happen but we don't know when it will happen. However, if you look at current economic developments, you can see the potential for a spike in BTC prices due to ongoing global monetary policy, especially the implications of fiscal strategy for BTC.

Moreover, currently the whole world will likely continue to carry out money printing activities to manage national debt, thereby creating a situation that can cause fiat currency to depreciate and of course this strengthens BTC so that as you say, fiat money has no limits while BTC has limits. . Therefore, I remain optimistic about its journey towards the $1 million mark. Moreover, recently Btc has been in the spotlight as a hedge asset against fiat currency inflation. So I believe BTC can reach 1 million dollars in the long term, although we don't know when that will happen.

No one can time tell but if let say it's only possible, we wouldn't be wasting our time and money on something that is not really important than in BTC. It will look like we are poor for now because we allocate all or most of our money in BTC but this faith of ours can still change later on. I am not only sure if there will be some who will still get bored from waiting.

Those who remain as a spectator had some doubts left in BTC or maybe they still lack in budget. It can cause them regrets but maybe they will now get on board on the next trip. It's not too late anyways because there are also more people who are like them apart from those who have other reasons for not joining here. If we combined them all, maybe $1M is truly possible or we can be at least close to it.

As said before, you need to understand the economics. When a commodity supply is less and the demand to accumulate the commodity is high, the price goes up for that particular commodity in order to meet the demand. Just a classic example of supply and demand. Similar things happen with Bitcoins also. Hence, the price can definitely go till 1M if the demand to accumulate the coin keeps on increasing day by day.

Bitcoin has been around for 15 years and it has brought millions of percent profits to early investors, but that is no proof or guarantee that bitcoin will continue to exist in the next 15 years.

Those who bought bitcoin 10 years ago were people who were willing to accept the risk that if bitcoin did not succeed they would lose everything because they did not know what the future of bitcoin would be. So, if we intend to invest in bitcoin now and hold it for the next 10 years, we also need to accept the same risks as the early investors. In addition, we need to know that buying now will be much riskier than 10 years ago, so don't be too subjective and invest everything in bitcoin. The future is unpredictable, don't be too subjective just based on history and think it will always repeat in the future.

You need careful preparation if you want to invest in Bitcoin for more than 15-20 years.
Who can guarantee that you will still be able to live within that time period? You also need to teach your children how to transfer Bitcoin from their personal wallet to exchange it for fiat.

The rapid development experienced by Bitcoin has been widely trusted by the majority of investors, has received support from several large companies and even several countries such as El Salvador which have adopted Bitcoin as a legal tender. Bitcoin has shown significant growth despite frequent price ups and downs, which is why Bitcoin is one of the most popular long-term investments among investors.
Your plan is good enough to maintain the financial stability of your children in the future when you are no longer able to work or something undesirable happens to you.

I like to warn everyone not to be a blind follower, for the fact that Bitcoin performed so well in the past is not a justification that it will perform well in the future. I will continue to invest in Bitcoin in both HODLing and futures trading, nevertheless, I dare not be a blind follower who would believe that nothing adverse can't happen. If I did, then I am only deceiving myself. We should prepare for the worst regarding Bitcoin even as we hope for the best, that's why we should keep our eyes open and rather be the lover of our trading charts. We should learn how to read the trading chart, respect the tradition and also be informed of the latest happenings in the world that can affect Bitcoin. All these are not always considered by most Bitcoin lovers and speculators, but they just call the bullish path. Let's always consider what if anything different happened.

If the view of most Bitcoin lovers should be upheld, you would see them calling huge values all the time. But come to think of it, will Bitcoin always be rising forever without any challenges? I even wonder where the liquidity will be coming from all the time which will easily make it hit $1M. Let's all wake up in our dreams, Bitcoin is an asset, and like all other assets in the financial market, they do not just move higher without facing some challenges or missed cycles/history that will change the whole narrative. What if you now bought Bitcoin at $75,000, and in the next 20 years it is at $73,000 or lower? Do you think it is impossible? If you do, then you have not experienced the financial market long enough. Above all, let us be dynamic just as the market is dynamic and not be too rigid on a certain scope, especially on an asset that is still very young.

If you had known that since that year and at that time you had time to buy more Bitcoin, you would also be very rich by now. Because on average, those who bought Bitcoin in the year you said were also able to sell it back at around $70K, which was before the halving. However, it would also be a shame if those of you who know about this also don't buy more Bitcoin so you just become spectators when other people take more profits via Bitcoin this year before the halving occurs.

Well i also notice this and i believe that people who buy BTC on its early stage and hold it for long time has now millions imagine, how high the btc go up and those who buy on year that the price of btc is still low and sell on year 2017 or 2021 they surely got a very big return from thier investments, so buying btc and holding it for 10 to 20 years is a good idea, i believe that it will become profitable and it will become a good investment because btc is always rising, sometimes it will hoes down but it will come back with much higher price.

No one really knows if it would really be able to reach out but it would be better that we should really be that at least realistic with those kind of goals or speculations on which we know that trying to think or look back
on how many years for Bitcoin to reach out that all time high of 70k+? It did really happen on a decade+ but of course it would really be that understandable since it is really just that starting but now since
institutional funds are already that trying to flow into this crypto space then its not really that shocking thing that one day it would really be having that kind of spike.

Just like the rest been saying that everything would really be something that will really be depending on the supply and demand on which this is something that do talks about
economics subject but of course there would really be several factors on which it would really be adding up in overall reason for such price condition or with those numbers.

BTC hodlers know that BTC will hit that amount in the future, but it can't be next year or next two years because what hodlers are expecting from the market in the remaining 6 months is $80k, and they have seen where the price stop before it begins to fall down to $66k today.

I guess, in 12 years time the price of BTC will hit $1m and it will help many hodlers that will hodl their BTC till that season to make a good profits that will improve their profits, and it will take patience for some hodlers to hodl till the season occur in the market.

Even though you want to invest on your children, for them to experience the $1m in the future, let them be above 16 years so that they can experience some strategy from you that will impact them in the future.

Yes bitcoin price will hit 1 million dollars in future. But it cannot be expected soon. I think after 2030 bitcoin can be 1 million dollars. Investing in bitcoins must be held for a long time, if you can hold for a long time then you can earn a lot of profit. I have also invested in Bitcoin, my plan is to hold Bitcoin for a long time. However, we are going to see $100k soon.

I think the abundance of bitcoin is largely disproportionate to such a large population of the world. Bitcoin's supply limit is only 21 million, 18.8 million have already been mined (Till 2022) and the remaining BTC will be mined in stages. So it should be allowed to run its own course and current fiat money should continue to run like this. Aligning Bitcoin with the mainstream doesn't seem to be the right decision.

I do believe that bitcoin will be able to reach $1M, but I think it may be in about 10 years, this can be taken for granted, because I calculate that in 2025 bitcoin can reach a great ATH, go above $100k, I don't know how much it can achieve but it is seen that it will be something very big, but in 10 years, more than 2 cycles more than 4 years will have passed and that would be enough to think at a time like that, bitcoin is for the future, bitcoin is not It's a lie, I do believe faithfully in the capacity that bitcoin has, now and more than ever the best thing is to save what you can in bitcoin to be able to enjoy its profits in about 10 more years, today it is at $69k, I operate in About 10 years can reach that $1M, so things can be done that way, therefore when they say that $1M is not possible, there are many things that can be debated.

Yes definitely because of the limited supply of bitcoins the number of bitcoin investments is increasing as well as its value. I saw bitcoin's all-time high hit $73k this month. Bitcoin market is difficult to analyze but I feel that Bitcoin will easily cross $100k in the coming bull season. For future I am trying to increase my Bitcoin savings as much as I can, because when I want to use this Bitcoin for my own or my family's needs, I may see it price reached 1M.

There will come a time when people will all pay with Bitcoin. The way Bitcoin's popularity is starting to grow now shows that it won't be long before Bitcoin becomes popular all over the world within the next few years. Bitcoin will definitely hit $100k but I think it will be very soon. Yes I support your move if a person leaves some bitcoins for his children for a better future and if he can keep it permanently then I think this investment will play a very important role in bringing up his children one time. Many may be investing in such a process for their children or for a happy old age. I myself have been investing some amount of bitcoins for a long time. Because from here if I can invest in some DCA methods then it will be seen that after slow process I got huge amount of return from here. Finally I want to say investing wallet should be kept very safe if invested wallet can't be kept safe then my investment is never safe.  will not

we must consider realistic price predictions that may be achieved this year, but we avoid excessive predictions because some people buy at high prices because they believe the price will soon reach ATH, but they fail to understand how to manage investments well.