Quote from: free-bit.co.in on Today at 03:09:45 PM

Quote from: JamesDaniel90 on Today at 11:21:33 AM

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.

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! ! Roll Eyes

Quote from: JamesDaniel90 on Today at 11:21:33 AM

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 Tongue

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 Cry

So invest ideal money or your own money that you can afford to lose.

It is not a mistake yet being only altcoins, I saw my portfolio go from break even to +220% in just 5 weeks end of last year and I think we are going to see that again but this time when it happens i will sell a lot. It will be a mistake, a very big mistake , if we do not see a pump like that again.

Regarding my mortgage, I meant that I plan to accumulate Bitcoin 2026-2029 and then sell it in the peak when it is hopefully around $400k to pay off a big chunk of my mortgage. Not that I will invest with borrowed money.