Currently, I do not own any Bitcoin but my plan is to sell all my altcoins later this year for (hopefully) decent profit and then buy Bitcoin only starting next year once it has crashed from the expected highs that we see later this year.
I am assuming 2029/30 will be a peak high as that would be the next bull run if the 4 year cycle was to continue.
I am assuming 2029/30 will be a peak high as that would be the next bull run if the 4 year cycle was to continue.
The biggest mistake you made was when you invested in altcoins.
You kept praying that you wouldn't have to sell all your altcoins at a huge loss at the end of the year. crypto always loves to surprise lol
Yes Its very much possible BTC will peak a year or two after during Halving 2028, if history repeats itself.
But who knows, we could see a peak before the next halving! !
What price do we think it can be then? I am expecting it to be at least $400k and if that happens I plan to sell all the Bitcoin I manage to acquire and pay off a big chunk of my mortgage (I bought my first house 18 months ago and want to pay it off asap).
If I recall correctly Jack Dorsey said Bitcoin will hit over $1M by 2030
CoinCodex community predicted Bitcoin will hit $300K in 2029
I'm not saying that Bitcoin will increase just because they said it, but keep in mind no smoke without fire
About your mortgage, I never prefer investing with borrowed money.
I'm a witness to seeing many people get burned doing that, and made their live critical
So invest ideal money or your own money that you can afford to lose.