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.
First things first always start with bitcoin. Gambling on altcoins should only be done with a very minor portion of your portfolio. If we happen to slide into a bear your alt only portfolio will get hammered. And yes $1mil is definately possible. Bitcoin has not plateued in terms of users so it will only go up from here.