Although I think unilad is not that reliable when it comes to news. Seeing articles like this excites me.But according to it, investing in long term will eventually end up to lossing profits. Thoughts?
https://www.unilad.co.uk/life/bitcoin-value-expected-to-seriously-skyrocket-very-soon/
https://www.unilad.co.uk/life/bitcoin-value-expected-to-seriously-skyrocket-very-soon/
Quote
Increasing regulatory recognition of cryptocurrency exchanges, the entrance of institutional capital and major technology developments will contribute to the markets rebound and push cryptocurrency prices to all new highs this year.
Theres no reason why we couldnt see bitcoin pushing $50,000 by December.
Theres no reason why we couldnt see bitcoin pushing $50,000 by December.
Why would this excite you? Anyone can pull a figure out of their arse and say "bitcoin is going to 1 million or 1 billion". According to who and based on what? It's meaningless. Yeah, bitcoin might go to $50k. It might go to $500 as well, but one thing I've always said is bitcoin will probably be worth a lot more than it is now and a hell of a lot less as this is pretty much the nature of bitcoin but anyone putting a random figure on it is just purely speculating often based on little to nothing so I wouldn't get your hopes up.