Post
Topic
Board Bitcoin Discussion
Re: What is next for Bitcoin? Seems like the only winners are early adopters unless
by
BVeyron
on 23/06/2023, 22:28:02 UTC
You have millions to buy ? I so missed out on this when it was $110 a coin but I was young and no money. So now that blackrock made some noise in the Bitcoin space and got everyone rallied up will this be the biggest money grab in history to then crash it on the recession?

How can i understand Bitcoin more ? I mean it has no use for it yet, it is not producing profits for companies ?


I want to invest good capital but dont understand why I would do this on something made out of thin air. Sometimes seems like its a lot of fanboys just wanting it to go up and up so they can then sell to retail

I think that BTC can bring some profit only out of long-term hodling. But there is a high risk of dollar and other fiats inflation nowadays, so there might be a chance to save the assets by having BTC and/or other cryptocurrencies. However, there is only a chance to save money, not a guarantee: during fiats inflation cryptocurrencies can become cheap as well.