Bitcoin investment is one of the most profitable investments out there for anyone willing to wait for the long term regardless of how unpredictable bitcoin market get, no investment is without risk and there are 100% guarantees in bitcoin, but when compared to some other investments with the same accessibility as Bitcoin, then bitcoin tops as the best investment.
There is no guarantee that you will make a profit by investing in Bitcoin. The Bitcoin market is very volatile, there is never a guarantee that you will make a 100% profit by investing in Bitcoin.
Surely even though Bitcoin is unpredictable, risky and volatile, but there is tendency to make profit from it. %100 is even less. With Bitcoin 2x , 3x or 4x, %100, %200 and more is achievable. All that is just needed is time and long term investment. People always make that statement that %100 profit is not guaranteed, but though I will not blame them. I believe surely that most guys hypothetically thinks
That investing little will result to getting %100 in less than no time is achievable, but these people are not really Bitcoin investors, they could just be newbies into investment. Emagine investing just $500 into Bitcoin and hoping to get 2x of there investment in a short period of time, which is not possible, knowing true well that 2x profit of $500 is $500×2= $1000 while me and you Knows that for that to be achieved, Bitcoin will need to get to 2x for this $500 to hit 2x. E.g if Bitcoin curren price is $85k it means that $85k×2 = $170k. So the $1k of 2x will be achieved when Bitcoin price hit $170k So there is no short cut to achieve that. And the problem is that as Bitcoin is going higher so it's becoming harder to achieve 2x and 3x
that is the reason why people mostly emphasis on Bitcoin that there is no guarantee of %100 profit because it can only be achievable when Bitcoin also hit 2xAre they not right? How realistically do you think it will happen and when
Surely I can see you dont know much about Bitcoin or perhaps your understanding about Bitcoin is limited. Sorry if you may find it offensive but that is just the way I can surely address this right now. You ask when it's gonna happen?
Answer: anytime. It could take 1 2 3 or 4 years being a circle or more but there is an assurance that Bitcoin will go 2x 3x 4x even if it takes 50 or 100years from now.
I always believe Bitcoin from the previous analysis since 2009. Knowing Bitcoin is knowing the end from the beginning.I always believe Bitcoin from the previous analysis of since 2009. Knowing Bitcoin is knowing the end from the beginning.
Will a bitcoin investor at his age of 30s now still be alive when it occurs. Will he still be able to enjoy his investment's profit or will it just be an inheritance for his next generation.
It doesn't matter who enjoy the inheritance wether you or your heirs, Bitcoin investment is not necessarily for only you but an investment for you and your future generations. You sound as if it is wrong for you to pass Bitcoin as an inheritance. Be assured that Bitcoin 2x is not that much. If Bitcoin can fall dip to 15k at 2023 from the previous ATH
and rise above the ballpark of $100k 2024 which is approximately 7x within the space of 1year and some months so I believe anything can happen. Bitcoin is a speculative asset which rummor can drive people to massive adoption increasing the numbers of demand over supply.
i would agree if we're talking during bitcoin's early years. It's hard to magine the market capitalization of bitcoin if it reaches the price of $170k. Bitcoin's circulating supply is currently at 19,852,975 as per checking coingecko website. Let's say it's circulating supply will be at 20 million when it happens. $170k × 20,000,000 = 3 400 000 000 000 or $3.4 trillion marketcap on bitcoin alone.
Are you being serious right now? There is
mothnothing price has to do with circulating supply. I think what you are try to say is market capitalization. Let me give you the guidelines of the math you wan to solve. Market cap that will result to the pric of $170k will be 19,852,975×170000= 3.375Trillion, of course that is not a big deal.