I want to invest some of the money I’ve got from a real estate liquidation, about 50-100k $. I am not looking for a big profit, but want to secure the value. I definitely plan to hold the Bitcoin for a few years, at least 1-2. A sudden drop in the price of Bitcoin would not scare me.
I originally wanted to buy Bitcoin at a price when Bitcoin was at $60k, but I got my money later than I thought.
When I'm paying attention to the news I hear a lot. Many voices claim Bitcoin will moon and skyrocket to new all time highs in 2025, they talk about 200k or 300k $ per Bitcoin. Others are talking about a crash to 60k $ or even lower, from which Bitcoin will start to recover. The scheme from 2020 to 2022.
Of course I want to get a good entry price and that's why I'm asking you, people who have seen and experienced a lot when it comes to Bitcoin.
I will store the Bitcoin on a cold wallet, I have already thought about it.
This guy has not say anything since he started this thread but I will chip in my pnw little advice. I was reading everything you said but there is one place that caught my attention. You see, I'm bullish about Bitcoin price and I like to see Bitcoin in higher prices but I don't appreciate anyone speculations that Bitcoin will attained a particular price, I'm bullish and optimistic about the market but investing into the market because people say it will reach a particular price is ridiculous.
From the look of things, you really need this money because you are saying 1-2 years and nobody can say where Bitcoin price is going tomorrow. You could see the price go where you never expected but all I'm saying that anything can possibly. What if when you need the money and we enter bear market, that's going to delay you more. Just buy Bitcoin and be optimistic about the Bitcoin with longer term holding, that's the only way you win from this market.