Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Taskford
on 15/12/2024, 09:45:17 UTC
With what bitcoin has achieved and shown, I am very happy to be among the investors who are consistently accumulating bitcoin and holding it for a long time. Bitcoin is just new, but yet it has already surpassed Google, Microsoft, Apple, Amazon, and NVIDIA in market value, who have been existing a long time before bitcoin was developed. It's just a matter of time; we will see bitcoin doing the same thing to gold. I will not be surprised when that happens because I know bitcoin has what it takes to dethrone gold in market value.

Are you referring to $crypto$'s post from earlier today?



The chart shows that bitcoin is number seven on the list, and sure probably within this cycle bitcoin will at least get up to number 2, and it may even pass gold this cycle or perhaps in the next cycle?  The path up for bitcoin is not even necessarily directly up, since bitcoin has variance in its valuations.
With just the space of 14 years on it's creation bitcoin has found itself on the top 10 of most valuable assets in the world occupying the 7th position precisely despite it's volatile (fluctuating) nature. There's no doubt it's going to settle up for 2nd position in the next circle. With the widereach acceptance and uses of gold if am to be sincere it would take bitcoin to outperform itself to get pass gold anytime soon but doesn't mean it can't materialize within the shortest frame either.

Aside from that achievement gotten by Bitcoin we can also see here the possible trajectory on what figures we can possibly see in future https://changelly.com/blog/bitcoin-price-prediction/ changelly create a somehow realistic prediction and it somehow achievable knowing the fact that in next following years there would be so many events that can increase the awareness and adaption of Bitcoin.

Number 2 down to 5 spot is hard to beat, but when global adaption will happen and Bitcoin will be recognize as alternative currency or make it as their reserve then provably there's huge chance that Bitcoin would able to break this record and surpass those big institutions in the list.