Unfortunately, you can't predict the future. 2050? I think it could be much closer. Maybe we'll get one million bitcoins by 2030.
What he said is a general principle, and it's important to remember that the reason Bitcoin's price will continue to rise isn't due to developments or changes in the times. Rather, it's specifically due to supply and demand. Bitcoin's price increases because of high market demand, so don't associate it with something broad without understanding it.
Have you bought it? You should have done so during previous downturns.
Actually, we can't really tell anyone about the future, but we have to move forward with our future plans. People don't believe in breathing, so they can die at any time, so why don't they plan for the future? Of course, we should save thinking about the future. And for this, I think Bitcoin is good. Yes, I bought it and set a target, I will buy a little bit every month. I won't think about selling it. It would be good if it were in 2030, but it is not possible to say whether it will happen so soon, although the demand for Bitcoin is increasing day by day. So the price will also increase day by day, supply is low, demand is high, so it is natural for the price to increase.
It seems that the odds are pretty high that bitcoin will at least touch $1million and higher by 2030. It might not stay above that price, and surely it could even end up touching $1 million by this year or next year.. It can be difficult to know with any level of confidence, which does not take away from the idea that guys likely need to be accumulating bitcoin at any price at least for a good 4 years or longer...and yeah, of course, guys have to judge for themselves what to do, and then to be the ones who experience the consequences of their actions (or their non-actions).
All these expectations about Bitcoin's price, according to you and others, are not wrong. However, I hope that confidence is based on sound personal fundamentals, financial preparedness, and careful decision-making, as we know fluctuations can sometimes be mentally challenging for a holder.
While you have excellent exposure to Bitcoin, regardless of your confidence in its price, I hope you remain confident and continue to hold on to it.
You are correct that our view of bitcoin versus other places that we could put our value (also time and energies) is only one of the factors that any of us need to consider when investing into bitcoin, and surely each of us also should be adapting our position size into bitcoin in accordance with our weighing of our various personal factors including if we happen to be skeptical or afraid of bitcoin then we may well adapt our position size downwardly.
Many times folks confuse how much to invest with whether to invest, and surely many of us who have been in bitcoin for longer periods of time will error on the side of suggesting that folks should get into bitcoin... in fact anyone with a discretionary income should get into bitcoin, yet they still need to determine how much to invest into bitcoin and what frequentcy as suitable for their own circumstances.
Since you have been registered on the forum for more than 9 years, khiholangkang, you may well could have had gotten a pretty decently sized bitcoin stash by now, yet maybe you were spending a lot of your forum time in shitcoin and/or gambling areas of the forum?