Hi all,
I have been investing in crypto since early November so not too long.
So far I am invested in 8 different coins but am yet to get involved with Bitcoin.
I think I have been hesitant up till this point because of how much it has crashed since I started investing 9 weeks ago but I have been reading a few articles online saying how it is possible for Bitcoin to reach $1,000,000 in years to come.
Is this possible? If so how likely is it to happen and how far down the line are we talking? 2025? 2030?
I want to start investing in Bitcoin for the long term so would be happy if it even reaches $500,000.
Dont really expect much for those numbers to be reached out because we know that everything could really happen but we know it would vary on the adoption and recognition whether on Bitcoin or on Altcoin.
I dont know on why you didnt consider on accumulating BTC but instead you do go after with altcoins considering that this had been the top coin in the market even though its potential profit multiplier
wouldnt really be much higher compared to alts but in terms of support or recognition of the community then it is something that puts it on the safe side.
Totally not safe as we know but sticking on top rank wouldnt be always a bad idea.