Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I was with you all the way Zedpastin, until you got to the last sentence.. Holy fucking shit.
Of course, there is no problem with being conservative and keeping your expectations relatively low (or not too high), but $250k in 10 years is a stretch, but possible.. In 10 years, $20million is a stretch, but possible.. $250k is pretty damned conservative.. but surely possible as well.
On a personal level, I do not want to be too presumptuous, so I have no problem at all to plan around something like 6% per year average price appreciation of my BTC investment portfolio.. which would end up with way smaller numbers than $250k in 10 years, but even if I am personally using very conservative numbers to protect my lil selfie.. we should also attempt to be reasonable in terms of the various upside potentials of this particular asset class that may or may not play out, but there are a lot of scenarios that go way above and beyond a conservative 6% per year expectation.. especially when considering ways to plan around bitcoin and maybe even stocking a bit more or something and not locking yourself into conservative thinking - but that would not necessarily mean taking undue risks either.. One of the nice things about bitcoin both historically and even considering current planning is that you do not necessarily need to invest a lot in order to still be prepared for the scenarios of higher BTC performance that may or may not happen (and still get richie way beyond expectations.. already happened to lots of relatively conservative peeps.. no need to mention names, right?).
I am probably being too optimistic but I would rather be too optimistic than pessimistic because there is already enough pessimists here Of course, there is no problem with being conservative and keeping your expectations relatively low (or not too high), but $250k in 10 years is a stretch, but possible.. In 10 years, $20million is a stretch, but possible.. $250k is pretty damned conservative.. but surely possible as well.
On a personal level, I do not want to be too presumptuous, so I have no problem at all to plan around something like 6% per year average price appreciation of my BTC investment portfolio.. which would end up with way smaller numbers than $250k in 10 years, but even if I am personally using very conservative numbers to protect my lil selfie.. we should also attempt to be reasonable in terms of the various upside potentials of this particular asset class that may or may not play out, but there are a lot of scenarios that go way above and beyond a conservative 6% per year expectation.. especially when considering ways to plan around bitcoin and maybe even stocking a bit more or something and not locking yourself into conservative thinking - but that would not necessarily mean taking undue risks either.. One of the nice things about bitcoin both historically and even considering current planning is that you do not necessarily need to invest a lot in order to still be prepared for the scenarios of higher BTC performance that may or may not happen (and still get richie way beyond expectations.. already happened to lots of relatively conservative peeps.. no need to mention names, right?).
I joke and maybe my numbers are plucked out of the air and do not have any scientific backing but I can dream. 6% increase per year you say? I can back that I think that gives us more time to get to that financially freedom money as not all of us have the amount of Bitcoin that we need or require for that including me. I have a healthy stock but not enough to have fuck you money that I know is discussed a lot here. Btw what do you guys define as fuck you money instead of financially free? Out of curiosity