Bitcoin will reach $1000 when the time is right. If you don't have the patience and understanding of how the current market works, then you're at the wrong place.
Yes, bitcoin will reach miracle price levels but the answer of the question of when is only at the right times, we do not have any other options other than waiting patiently for that miracle to happen. Maybe we are having the option to earn more bitcoins so that we could achieve our dream of richness in quick time.
Buying and holding bitcoins to get rich, I think these times are over.I can imagine bitcoin to reach a level of a few thousand dollars, but nothing more.
It would need a lot of dollars today to buy bitcoins in an amount where it would make people rich once bitcoin has reached that level.
And it won't go up that quick, so the dollars invested can't be touched, otherwise the investment plan is over.
I think somebody who can buy enough bitcoins now most likely is already rich.
Not over for us who believes that bitcoin has till more room to grow, we cannot see the future and though the price of bitcoin is increase or is big now as you can see it. There's still chances that it will increase and you have to put a decent amount of money to earn significant income.