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!
10.0.0.0.1 192.168.1.254 ^ It seems like you are posted here the IP addresses right? It seems familiar with this.
By the way, let us processed your question. Investment in BTC is not predictable if you will earn that amount in just certain days, it could be months or years as long as you will see that your profit was there and you are fine cutting your profit on that time and quick sell, but again, there is no time frame for that. You should learn how to wait for a perfect time of selling so that you will earn at your target amount.
This is hard to give an investment advice because no one can precisely predict the market few years from now.
Of course, there will be a lot of suggestions but at the end of the day, it is you who can finally decide on what to do with your money.
But if I have that money, I will invest first in real-estate as I know, even if the market is down, I know I have that property.
Whereas, if you will put that all in crypto, you have no assurance that you can get the profits let alone get it back.