In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.
Source:
https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.htmlIf that's true, the price of bitcoin will reach $ 1 million dollars peritcoin, I consider it the greatest opportunity for those who want to invest in bitcoin, but unfortunately for those who think it's impossible, the price of bitcoin really reaches $ 1 million dollars. Per one bitcoin.
but first let's proofread the information obtained and check its accuracy, before making a decision to buy in the long run.
So they still have a chance to buy bitcoin from now on and hold it for some time because bitcoin price now is at $55k.
If they can constantly buying bitcoin weekly or monthly, they will see their bitcoin amount will increase and if that really happens, they will make a big profit.
If bitcoin price start increase and back to $60k or the other highest price, they will regret it because they do not have much chance to invest bitcoin in a large amount because the price is too expensive for them and they are a bit too late to buy bitcoin at a low price.
But if they want to buy bitcoin, they need to wait for the downtrend because that time will be worth buying bitcoin at a low price.