Post
Topic
Board Speculation
Re: Who Else is Expecting the Ultimate Rise of Bitcoin?
by
yvesp110
on 30/08/2019, 18:51:36 UTC
For now, you can buy Bitcoin at any price and the only way to becoming wealthy is to hold for the long term. Time is coming maybe the next two to three years when you will see Bitcoin above $100,000. We have seen much discussion about Bitcoin now all over the Internet and media's houses are running documentary about bitcoin now than before and all this is going to be transmitted into good price some years from now.
It is a great idea, but there are still so many opportunities to make money in bitcoin which is not tied to holding alone, even as a trader, if you are dedicated and you are trading with the current value of 1 btc, you could even make more than that $100k before that 3 years, the only thing with holding is that it eases all the tension in trade and all the sitting on computers 24/7 trying to money charts, but if you dent mind, and you have all the important strategies, then trading too can also be a way of making such money.

I am not typically advising against holding because i am also an holder while I do the trading also, it is better to have both because it Is quite even hard to see someone with 1 BC not sell it the moment the price of bitcoin crosses over $20k because they have not forgotten the event if the last bull run.
I have been very bullish about the crypto market especially about Bitcoin and this is going to rise higher and higher and I believe that the coming halving will enable the coin to rise and surpass millions of dollars. Another halving in 2024 will be yet another reason of surge to the coins value. This is going to be the coin of the future and has been great so far.
Right. We definitely had that sought of scenario prior and post halving. My take on the question is more economic. I talk about the limited stock of Bitcoin available. We have already mined around 17m of the coins so far and we are not left with a huge stack now. In 2024, the available coins to be mined would be around 15% and fall in supply is rise in price.