Re: OMG !!!!! You BitCoin people were right. I wish I had bought back in March :(
You talk about short term, but have you zoomed out and considered that Bitcoin might be a trajectory to 6 digits, and actually stay there for the next 10 years? Is 10 years short term?
I said SHORT TERM BitCoin price, short term is NOT 10 years... Where did you get 10 years from
Short term is watching it every day, several times a day, and being ready to exit at the next correction.
Short term BitCoin price performing very well, up over 10 % in the the last few days
BitCoin may perform well over 10 years, or may not, I have no idea. I would never try to predict it over that long a period of time, 10 years is totally useless to any investor that pays attention to the markets. We need to see how BitCoin does in the next stock market and economic crash. BitCoin price has had a strong correlation to the STOCK MARKET in recent years
SHORT TERM - I think BitCoin has a very good chance of reaching 100,000.00 Every day I would watch, and re-evaluate my position. The nice thing About BitCoin is that it is very liquid, you can get in and out very quickly and easily.