Post
Topic
Board Beginners & Help
Re: Price predictions for Bitcoin over the coming years.
by
Bergkampsballs
on 31/10/2020, 20:11:35 UTC

Reaching 100,000$ is not gonna be easy if we are observing the movement of the market these days. The ATH is just around 20,000$ and it is just 20% of the 100k$, getting an x5 of the ATH for sure is a lot of work.

People usually go for a high price prediction but the market is just so unpredictable and at any time something could also occur affecting the market price of bitcoin.

I think the best thing to do is just continue to invest in bitcoin as we could always expect the market price to pump in the future or buy and sell your bitcoin where you could earn a profit it doesn't really matter what are the predictions since most of it is high market price prediction.

You do get the feel that a lot of the predictions do tend to lean towards really big numbers. I think I'm going to aim towards that strategy of investing as much as I can as quickly as possible while learning as much as I can and hoping that the speculative predictions end up coming somewhere somewhat close to fruition.