Post
Topic
Board Bitcoin Discussion
Re: Bitcoin - Is $1,000,000 possible?
by
ultrloa
on 10/01/2022, 22:31:18 UTC
reading a few articles online saying how it is possible for Bitcoin to reach $1,000,000 in years to come.
Firstly, the decision to invest  solely yours and you should do your own research if you consider a coin valuable. Everyone has an opinion on what they think the price should be, and if you have been hesitant about putting money into BTC, do not change your mind simply because some blogs wrote that it could reach $1 million.

What do you look for in a coin? profits? usability? others? If you dabble in and buy without understanding what you are investing in, you will likely sell at a loss once the price dips, which is inevitable with the market volatility.

Everything is possible in this market, however, the big question is when will it happen? Can you wait long time and hold your stash for unspecified period of time? So the happenings in between will really depend on your priorities here. It may or may not happen during your lifetime. But what will you do while waiting for that situation to happen? So if you believe btc can attain that level, now is the opportunity to accumulate more, right?

Yeah everything is possible but looking to much at huge numbers will be quite difficult since imagine how could this one to happen? I don't know if how could it rise the demand so that we can reach that but one thing is for sure we might see this to reach up to 6 digits but it will struggle to come at 7 digits since for sure many corrections as well many can't afford to buy at this expensive rate so for sure the demand sinks.