I am not sure if I will also be around after a decade but it is said that time is likely the safest speculation that Bitcoin will hit a million dollars.
But we do not know how this cycles that keep on changing every time we are on it. It might be quicker for the next few years and cycles to come and we might get too close to it.
I'll hold but I won't miss to sell because that's how it should go and we have to enjoy taking profits.
What do you mean by not so sure you’ll be around after a decade? Anyways, Bitcoin will take a longer time to reach that price you talk of. It was easier for Bitcoin when it was worth a lot less than now it is worth as much as $57k. Half a million may be seen as just 10x of the current price, but that’s a lot
You know the interesting part of all of this? You’d make profit from all of them. Regarding Bitcoin, we know better now but looking back at 10 years ago, you never really knew what today would be if it’d be an abandoned idea or as huge as we’ve seen it. I’d say that if you have enough money (really wealthy), diversify your investments. Invest in all 3 of them after all, you’ll make profit from all.
Yes, know that all investments are going to prosper if they are given enough time to grow. So investing in all of them will be a perfect idea as long as you have all the resources to make it possible. However, allocate the biggest funds for bitcoin as we all know it’s more capable to give us the highest rate of returns, but still invest with caution. All investments have their definite risks, we just have to know how high our tolerance risk will be.
Of course. One didn’t know better before now. With the knowledge of Bitcoin, of course it should take the higher investment amount since it has done beyond what the others can ever do.