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Re: If I had bought BTC in the early 2010's at 10 cents,I would be a millionaire now
And some day, 10 or 12 years from now, there will be people that will say:
"If I had bought BTC in the early 2020's at $50,000, I would be a millionaire now."
If you don't want to be one of those people, then perhaps make the decision today that you weren't able to make in 2010.
It’s like there are no ifs and noss in this world. We can only do things related to reality. People always don’t want to miss opportunities."If I had bought BTC in the early 2020's at $50,000, I would be a millionaire now."
If you don't want to be one of those people, then perhaps make the decision today that you weren't able to make in 2010.
Re: If I had bought BTC in the early 2010's at 10 cents,I would be a millionaire now
It is also very pessimistic. It is like saying there are no more opportunities and there never will be any more opportunities.
People are always unable to decide for themselves, maybe in terms of such a huge expenditure, lolIf I had bought BTC in the early 2010's at 10 cents,I would be a millionaire now
Truth is: You would have sold long before BTC reached even its 2017 ATH of 20k USD.Seeing things in hindsight makes you feel dumb, but the real truth is that back then nobody saw it coming. Only few, very few people really believed in BTC as a store of value or whatever. If you could go back in time and told people in 2010 that in 2021 hedge funds, S&P500 companies and even insurance companies are buying billions worth of BTC at 40k+ USD and using it as a store of value, everybody would just see you as the tin-foil hat person, laugh at you and call you mad and delusional.
This is the reason why I generally feel bad for those "two pizzas are now worth X millions" posts, as if the people who traded BTC for goods in the old days could predict the future. As such, the moment your holdings were at 10x your initial investment, very, very likely you would have sold as well, or just bought that awesome thing you could suddenly acquire with magic internet money.
That being said, do not punish yourself with the "if I had" thinking. Invest what you can and hold while you can. Taking profits is not a bad idea as well.
This is the reason why I generally feel bad for those "two pizzas are now worth X millions" posts, as if the people who traded BTC for goods in the old days could predict the future. As such, the moment your holdings were at 10x your initial investment, very, very likely you would have sold as well, or just bought that awesome thing you could suddenly acquire with magic internet money.
That being said, do not punish yourself with the "if I had" thinking. Invest what you can and hold while you can. Taking profits is not a bad idea as well.
Tesla has made about 700 million US dollars through the acquisition of Bitcoin. If they sell cars, they will make more profit than selling cars every year.
Just let it fall into... and still ask "Why Bitcoin?"
Just let it fall into... and still ask "Why Bitcoin?"
Looking at the trends I think BTC might settle somewhere around the XXX,XXX range but again this is just my personal assumption. Of course sky is the limit and seeing BTC going to 1M and beyond is not science fiction.
Personally, if it goes above $150,000 I'm happy and satisfied. But looking at the BTC potential it still seems a small number
First of all, for digital currencies, especially Bitcoin, the king of coins, it does have a very large upside. This is why Tesla invested 1.5 billion US dollars in it. It should not be assumed that it is within a certain range. , Just like the price of Bitcoin last year was only a few thousand dollars, no one thought that it is now worth 50,000 dollarsPersonally, if it goes above $150,000 I'm happy and satisfied. But looking at the BTC potential it still seems a small number
If bitcoin this year is $100,000 then probably by 2025 it will gonna hit like $1 m. Although anything is possible in crypto world but something is pulling it back, maybe the government acceptance? Fully adoption is still lacking, or any other reasons that might not fully give the bullish to hit that peak at $1m.
It is a matter of time for the government to accept the crypto, and that can be possible if the mass adoption is still growing year by year. The government will see the benefits of bitcoin to them.
I guess the adoption still happens, and with the growth of bitcoin, people are trying to learn before they join bitcoin. I think that is what the institutions do when they want to integrate their system into bitcoin. The price itself will open people's minds to see the chance to make money from bitcoin, so they can use bitcoin as a new way to make money. But it is hard to see bitcoin reach $100k this year, and probably that can happen in the next year. But everything can happen to crypto.
2017 was when retail users adopted Bitcoin. Institutions are governments were against it. Bitcoin moved from $1K to $20K
2020/21 is when institutions are adopting Bitcoin. If 10% of cash held by Fortune 500 gets converted to BTC, it's price will be $300K.
And in the next cycle, in 2024/25, governments will realize the importance of Bitcoin. Central bank reserves will have bitcoins in it. This is when we will hit $1M.
2020/21 is when institutions are adopting Bitcoin. If 10% of cash held by Fortune 500 gets converted to BTC, it's price will be $300K.
And in the next cycle, in 2024/25, governments will realize the importance of Bitcoin. Central bank reserves will have bitcoins in it. This is when we will hit $1M.
Hello and welcome to the forum.
Your message reminded me of something and I think it's interesting. The price predictions are not 100% correct, but an interesting story and worth reading. There are some of these messages from the future, you don't have to look far. This one is one of the most famous.
I am a time-traveler from the future, here to beg you to stop what you are doing.
Quotes:
- I am sending this message from the year 2025. Things are looking bleak here, and some of you will carry blood on your hands.
- On average, every year so far, the value of Bitcoin has increased by about a factor ten. From 0.1 dollar in 2010, to 1 dollar in 2011, to 10 dollar in 2012, to 100 dollar in 2013. From now on, there's a slight slowdown, as the value increased by a factor ten every two years, to 1,000 dollar in 2015, to 10,000 in 2017, 100,000 in 2019, and 1,000,000 in 2021. From here onwards, there's no good way of expressing its value in dollars, as the dollar is no longer used, nor is any central bank issued currency for that matter. There are two main forms of wealth in today's world. Land and cryptocurrency.
The prediction “1,000,000 in 2021” is probably still too early
Then rather yours for 2025.
2017 was when retail users adopted Bitcoin. Institutions are governments were against it. Bitcoin moved from $1K to $20K
2020/21 is when institutions are adopting Bitcoin. If 10% of cash held by Fortune 500 gets converted to BTC, it's price will be $300K.
And in the next cycle, in 2024/25, governments will realize the importance of Bitcoin. Central bank reserves will have bitcoins in it. This is when we will hit $1M.
2020/21 is when institutions are adopting Bitcoin. If 10% of cash held by Fortune 500 gets converted to BTC, it's price will be $300K.
And in the next cycle, in 2024/25, governments will realize the importance of Bitcoin. Central bank reserves will have bitcoins in it. This is when we will hit $1M.