As I heard a lot of prediction about bitcoin that it is going to $ 1mn till end of 2020 and people will see it soon. As a holder of bitcoin I am always worried that bitcoin may not go down as I am much money in it. I mostly think that I should sell my bitcoin now and make my money but also fears to post the train of bitcoin. So what are you people suggestions that will bitcoin will always continue to grow or will it stablize at some price or may go down?
If the speculations of some people in the forum become true about bitcoin replacing fiat then that means that at some point bitcoin is going to become stable, at that point it's price in fiat will be irrelevant everything will be priced in bitcoins, but if that doesn't happen then it is very unlikely that we are going to see a stable price for bitcoin it is always going to move, but in theory the value of bitcoin cannot grow indefinitely it has a limit, the amount of money that people will put in it, even if the amount of money around the world is very big it is not infinite.