I've been out of the crypto game for a few years now and I'm just now kind of dipping my toes into the water again. Admittedly, I was a little angry when my original account on here got hijacked a few years ago and I wasn't able to get it back. Oh well, water under the bridge, right? Anyway, I just ordered a Trezor Safe 3 to start "hodling" again. I've been reading different news sources about the future potential of BTC and it still looks pretty bright. What is your personal view? Are you still optimistic? Riding the fence? I'm curious. Thanks.
1000x optimistic on the soundest money there is in the world. I am without a doubt convinced that we are going to see 1million / bitcoin within the next ten years mark my words. There is just no way that it isn't. Apart from wishful thinking what isn't appealing about being your own bank?
We haven't even touched $100k yet, so don't rush into a scenario where bitcoin will reach $1 million in the next 10 years. We don't have any evidence or data to guarantee that will happen. I'm not pessimistic, what I want to say is that we should not be too optimistic and unrealistic, this will cause many people to misunderstand.
The target we are aiming for is $100k and most people believe it will happen during this bull season. So OP is back at the right time and there is still time for him to start accumulating bitcoins before the rollercoaster starts.
Yes we here can only speculate without knowing what the future increase in the price of bitcoin will be like, I agree not to rush to give unnecessary assumptions that will later make a fuss. and to touch $ 100k I am still optimistic I do not doubt that, but if for $ 1 million it is still too far to hope in that direction, and who also does not want an increase in prices like that, if it happens it will be very happy who has invested in bitcoin.
So for now I will just enjoy the investment process that I have targeted for my long term. but when it comes to bitcoin, hope is still wide open to invest some of our money and get the benefits that we can take in the future, and look forward to the surprises that will occur later.