Post
Topic
Board Speculation (Altcoins)
Re: what do you expect from cryptocurrency?
by
bitgolden
on 06/12/2022, 20:21:05 UTC
Cryptocurrency at large has it own functionality and if economy seems not to grow that doesn't mean it would affect bitcoin in fact to me I sees it to be the alt means of reviving our money or assets. With the inflation rate I may decide to convert all my fiat use them to buy bitcoin and hold and after some while I could sell back to gain back my money so is another means to save us from financial meltdown or crisis.
That is exactly what I have been doing. Inflation is still high, and yes the interests are going up but that doesn't mean that it will stay high, it will go down, and the moment it starts to go down, no matter when it is, now or 2 years later, when that happens, and it reaches like 2%, then we are going to see a huuuuge skyrocket in bitcoin price, and I mean unreal, like 200k+ easily.

That is why I am buying as much as possible because even not going up on next FED meeting would have a good amount of increase, not that huge but big enough. Which is why I believe that we should be buying bitcoin with all we have right now, to get ready for when that happens.