Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Agbamoni
on 02/05/2025, 21:11:38 UTC
Yea you are very much on point bro, Bitcoin over the years has been on the rise steadily, so their is a higher probability that it can go as high as a million dollar or more in like 10 to 20 years time from now, though nothing is certain but the probability are very high, so not investing now that it's still very cheap is a risk and a regret am not willing to take, because at the end of the day we are all humans, we most times feel more regret for opportunity that we fail to take than even the ones we took, so not buying and accumulating now that it's still very cheap would be too bad for us that want to build a generational wealth overtime.
And lastly, we should pay more attention to our stash of Bitcoin because that's what going to determine how profitable and successful we are going to be in the future, because you can't just invest only $100 and be expecting to be filthy rich, your unit of Bitcoin is what's going to determine how huge your harvest will be, so try to increase your stash as much as possible because that's what will determine how successful you might be in the future.

In as much as I would love to agree with what you have said so far, I will also want you to know that I disagree with the fact that in 10 - 20 years from now that Bitcoin value will be million dollars. No matter the volatility of Bitcoin it is not possible and even if Bitcoin will hit that value then it can not be this interval of time.

Though we invest with the aim to make profit in the future but we shouldn't invest with the mindset of hyping or over hyping Bitcoin so that we don't panic when we see something different in the market. Moreover, our return in the future doesn't only depend on the unit we invested In Bitcoin but rather it also depend on the value of Bitcoin in the future but there is more possibility that the value of Bitcoin will be great in the future.
I understand what you mean but I will challenge you that nothing is certain on what may be the price of Bitcoin. The truth is you don't fully know what the next 20 or 30 years will look like. Something might happen that we project the price to move to millions. It could be increase in adoption, sometimes the unimaginable becomes a reality. As long as the future is not certain, Bitcoin = 1 million dollars seem very realistic in 20 to 30 years.

Did you forget it took Bitcoin 16 years to grow from $0 to $110k. There was a time when $1,000 per Bitcoin was unthinkable too, $5,000, $10,000, $100k too. As adoption grows, institutional interest increases, and fiat currencies face inflationary pressure, it’s not out of the realm of possibility. It’s speculative, yes, but not impossible. $1 million may be too stretched but it can be possible too.