Bitcoin! 100,000 USD on BTC is very real, but.....
Updated
Hallo traders,
$ 100,000 for BTC is very real, but I don't think it will happen in the coming months. Getting closer to such a valuation may take up to several years, but if it does, Bitcoin could attract many new investors, which would translate into a decline in interest in gold.
The price of BTC could drop to $ 10,000 in 2022, wiping out nearly two years of profits. If I were an investor, I would think of taking a profit. I believe that bitcoin has no fundamental value, it is a toy for speculators. As a reminder, bitcoin dropped to $ 3,000 from $ 20,000 in 2018. Many say it is different now, because institutional investors have entered the market, but I am convinced that history can repeat itself and it will be very painful for those who stay in position.
Or different......
In 2021, the rate of return on investment in BTC was about 50 points. percent greater than the return on investment in the S & P500. In 2022, history, in my opinion, may repeat itself. When it comes to other cryptos, XRP and Cardano are projects that will fall out of the top ten, because there are still new, better ones, such as Solana or Terra (LUNA), which end the year with an almost 15-fold increase in value. By the end of 2022, investment funds will already have over 1 million BTC on their balance sheets, and BTC mining will be highly diversified geographically, many miners may appear, for example, in Latin America.
"Currently, for investors and managers, not having any cryptocurrencies in their wallet is a great risk, more than having them" - Mike McGlone
Which option do you choose ??
Greetings
$ 100,000 for BTC is very real, but I don't think it will happen in the coming months. Getting closer to such a valuation may take up to several years, but if it does, Bitcoin could attract many new investors, which would translate into a decline in interest in gold.
The price of BTC could drop to $ 10,000 in 2022, wiping out nearly two years of profits. If I were an investor, I would think of taking a profit. I believe that bitcoin has no fundamental value, it is a toy for speculators. As a reminder, bitcoin dropped to $ 3,000 from $ 20,000 in 2018. Many say it is different now, because institutional investors have entered the market, but I am convinced that history can repeat itself and it will be very painful for those who stay in position.
Or different......
In 2021, the rate of return on investment in BTC was about 50 points. percent greater than the return on investment in the S & P500. In 2022, history, in my opinion, may repeat itself. When it comes to other cryptos, XRP and Cardano are projects that will fall out of the top ten, because there are still new, better ones, such as Solana or Terra (LUNA), which end the year with an almost 15-fold increase in value. By the end of 2022, investment funds will already have over 1 million BTC on their balance sheets, and BTC mining will be highly diversified geographically, many miners may appear, for example, in Latin America.
"Currently, for investors and managers, not having any cryptocurrencies in their wallet is a great risk, more than having them" - Mike McGlone
Which option do you choose ??
Greetings
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