Post
Topic
Board Economics
Re: Why anyone who invests 5,000$ now in bitcoin will be millionaire by 2025
by
iMark
on 06/10/2018, 02:52:03 UTC
Because we are all not sure if this predictions will come true in year 2025 or in the future there are two results that may happen to all hodlers of bitcoin who put their money 100% in it, either they will become a millionaire or become a homeless soon lol but I hope OP is correct.   

that is the risk when you invest, you dont know what will happen to your investment especially it will run for a couple of years it is good if you will became a millionaire by that year but also you should look the in the moment when you will have nothing to earn from your investment, 5000$ is a huge amount so people must think of it before putting in an investment that there are no assurance of having a positive profit.
when we decided to invest $5000 in cryptocurrency, i hope this money is separate from our saving and bank loans.it is really free money that we prepared before to investing decision.and also we had already accept the risk if this amount become $50 if market crash.
This is no doubt a great forecast that anyone who will invest in Bitcoin and hold the coins till 2025 will be a millionaire. The logical reason behind this forecast is the long term of asset holding.

Besides, roughly speaking the value of a Bitcoin that cost you about $6500 today will be more than about $50000 in 2025 for the market would have grown immensely till then. Moreover, same could be said for ETH being the most advanced coin available.


but the problem is not in the future of bitcoin price, I do not doubt the future of bitcoin price, but we know that humans have limited patience and unlimited greed right ? to wait for 7 years is not easy especially if you are active in bitcoin world?