I’ve been reading up on bitcoin and saw that Tim Draper estimates the price will hit 250k in 2022. I honestly could never afford a ton of bitcoin even now at 37k but I could afford three. It would be a lot of my savings, not all, but a majority. Is it worth it to spend almost 111 thousand dollars buying three bitcoin? Will it make me back a substantial amount more money? Please help!
The question simply boils down to: does Bitcoin preserve or increase your wealth in contrast to other investment alternatives . If the answer is yes, you should buy as many Bitcoin as you can. No matter whether it is 3 or all of those in circulation.
If the answer is no, I wouldn't buy Bitcoin.
So what does Bitcoin do now? Well, I am not sure anyone here could give you a guarantee on their answer to the question. Always complicated to ask others for financial advice and actually rely on it. It makes the pain feel worse in case that person was wrong.