The year is almost in it last quarter with few months to go but for bitcoin, investing now is not too late.
There are lots of suggestions pointing to the possibility of bitcoin getting to $250k by the end of the year, how realistic is that speculation?
If bitcoin can get to $250k by December, then buying now in view of getting returns by the end of the year isn't a bad investment plan. Is such a plan a good one or a red flag?
$250k or even $350k was the target for many, as bitcoin quickly surpassed $100k by the end of 2024. But those predictions and expectations quickly dissipated and were downgraded when bitcoin did not perform really well and meet people's expectations. Most have lowered their expectations to $150k, and many are skeptical about even that target, let alone bitcoin hitting $250k before the end of the year.
If you decide to invest in bitcoin right now just because you believe it will hit $250k and give you a return of over 140%. Let me be blunt, this is a pretty bad investment plan, when you just want to get rich quick and invest based on other people's predictions without doing your own research.