As Bitcoin possibly gears up to try to hit $100k in the next year, and far higher prices seem an almost certainty in the future, I want to know when you think Bitcoin will hit $500k, $1 million and $2 million?
I am yet to dream about impossible targets right now, if you are confident about the price of
BTCitcoin reaching those levels then you can hold the coins for a very long time. First i need to take things as it appears and with the way in which the market is performing now we might see the price rallying up to $30k to $40k depending on how much money is pumped into the market.
Only few whales doing a long term hold since I believe most of them are taken the advantage to gain from the currency activity of the market, I see so many traders which are doing this and they are earning good since they can generate huge by using their big capital in their trades. Maybe there are few holders but its so risky to believe on something hard to reach but if you really believe that just put some small percent of your balance to use for trading's and set the bigger ones on the one you like like holding it for more years.