Post
Topic
Board Bitcoin Discussion
Re: What will you do if Bitcoin hits $1m in the future?
by
Abiky
on 16/07/2021, 22:29:12 UTC
Reaching $64K per BTC was unimaginable, it's only eleven years past, since Bitcoin was first introduced, and now, BTC has a great value,

We don't know when BTC would reach $1M, if this will happen, many who own BTC, will surely be happy, and those who don't, will surely regret it.

Will the small amount of BTC that I have, I can spend it to buy a few parcels of land, where I can plant all fruit bearing trees that I want.

As you've said before, we'll never know when Bitcoin will reach $1m per coin. The least we can do is predict what its future price will be according to certain market movements. While we wait for Bitcoin to reach $1m, we can make profits in the short term by taking advantage of the wild fluctuations in price. I've seen some people making money during Bitcoin's ups and down, by following said strategy. What you'll do with the money earned, it's up to you. Spend your Bitcoins wisely in order to avoid becoming bankrupt in an instant. With or without a high price, Bitcoin will last a long time thanks to its decentralized and censorship-resistant design. Just my thoughts Grin