Post
Topic
Board Speculation
Re: Will BTC hit 1M ?
by
CryptoBuds
on 27/03/2024, 10:21:31 UTC

Quote
Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !



15-20 years? bitcoin have multiplied a thousand times from its value in 15 years with
that means its not that long to look at because the price even broken 73 thousand means we
only need x15 to make it in million value.

When evaluating a coin, don't just look at its price but look at its supply and capitalization. With a capitalization from 1 million to 10 or 100 million, it is very easy, but to increase 1 billion to 10 trillion or 100 trillion is a completely different story. That's why bitcoin can increase 1000 times, 2000 times in the first years but in recent years it can only increase 5-7 times per cycle. Bitcoin's profits get smaller as it gets bigger and that's why many new investors prefer to look to altcoins rather than bitcoin because they want to get rich quickly. Bitcoin could hit $1 million or more, but it won't happen anytime soon.