Many people are talking about Bitcoin hitting $1 million USD in the future. Crypto enthusiasts are very optimistic, as they believe their dreams will come true with a Bitcoin halving taking place every 4 years. If Bitcoin hits such price levels, many early adopters will become millionaires. It could be tempting to either sell all of your Bitcoin or "hodl" it for the long term.
What will you do if Bitcoin hits $1m in the future? Will you sell all of your Bitcoin for cash? Or will you go long in the hopes of Bitcoin reaching higher prices on the market? Will you donate your profits to a charity? Just curious to know. Your input will be greatly appreciated. Thanks.
What will you do if Bitcoin hits $1m in the future? Will you sell all of your Bitcoin for cash? Or will you go long in the hopes of Bitcoin reaching higher prices on the market? Will you donate your profits to a charity? Just curious to know. Your input will be greatly appreciated. Thanks.
I may choose to retire early, because in the country where I live, I can already realize the freedom of wealth and can do what I have always wanted to do but did not do. Of course, I will keep a little bottom position. I may spend more time on the Bitcoin forum to achieve my goal of being a legendary member, instead of doing some work that I have never wanted to do for a stable income.
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Morgan Creek Digital Assets stated that by the end of 2030, the price of Bitcoin may reach US$500,000 and eventually reach US$1 million. However, JPMorgan Chase warned that as the economy reopens, retail funds flowing into Bitcoin may dry up, which is a major risk. In JPMorgan Chase's view, unless bitcoin price fluctuations ease quickly.
So, do a good job every day, don't think too much, let the flow go, and maintain a good attitude is the most important thing.