Post
Topic
Board Economics
Re: Why anyone who invests 5,000$ now in bitcoin will be millionaire by 2025
by
davinchi
on 11/04/2018, 12:56:00 UTC
Why anyone who invests 5,000$ now in bitcoin will be millionaire by 2025

Nice explanation.But I've got few questions for you. Is your lowest price level for BTC around $5000 level or can it go more down than that ?. What is the reason for highlighting the value $5000 ?. Don't you see any possibilities that btc can go down until $2000 level according to the technical analysis of the btc chart ?.
First and foremost, I do not see any technical analysis that can bring btc down to $2000 presently, and I do not know where you must have gotten that from. Do not get me wrong, not saying it is not possible, but the only possibility right now is hitting around $4000 which seems more of a probability, before even thinking lower.

Still, OP never mentioned the price of bitcoin, but investing a certain amount in bitcoin in which he said investing about $5000 would give you a life you deserve in the nearest future which I totally believe is possible, most especially when mixing it up as a smart investor with altcoins.