It's estimated by some the value of a single Bitcoin within 5-10 years will be worth 1 million dollars. Even those who disagree put the value near 350-500K over that timeframe.
My personal opinion is the only one long term(10-20yr timeframe) I feel confident in is Bitcoin. I think it will be the one constant as the base currency/store of value. There will certainly be other winners and those that outperform but everything else is basically a new tech company. It's still so early in the eco system development that it's hard to say who will win since none are performing at scale. Those winners may only be dominant for periods of time too like an AOL. The overall industry will definitely be something I stay invested in for the long term though. I have a stack of BTC that I do not intend on selling anytime soon and may never sell. Everything else I just have to see how things play out but plan on staying involved in this industry. I currently have a lot of GBTC in a ROTH but plan on moving it over to itrust capital where you can actually hold and trade the coins without the tax hit.
Feel pretty confident about $DOT as well as they are building technology that allows all the Blockchains to "talk" to each other, basically interconnecting everything.My personal opinion is the only one long term(10-20yr timeframe) I feel confident in is Bitcoin. I think it will be the one constant as the base currency/store of value. There will certainly be other winners and those that outperform but everything else is basically a new tech company. It's still so early in the eco system development that it's hard to say who will win since none are performing at scale. Those winners may only be dominant for periods of time too like an AOL. The overall industry will definitely be something I stay invested in for the long term though. I have a stack of BTC that I do not intend on selling anytime soon and may never sell. Everything else I just have to see how things play out but plan on staying involved in this industry. I currently have a lot of GBTC in a ROTH but plan on moving it over to itrust capital where you can actually hold and trade the coins without the tax hit.
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I like DOT too, have a decent sized bag of that and KSM. Certainly one of the better risk/reward bets in the short to medium term and long term has a good shot, my point was just new tech is harder to project out far into the future until it operates at scale and has mass adoption. The upside is if you do get it right long term, the returns will be ridiculous. Listened to a good interview last night on my drive home with Sam Bankman who touched on some of these topics
I'm more into alts and plenty of my alts are doing quite well. Going to be an absolutely epic alt season once BTC gets back on track.
My personal opinion is the only one long term(10-20yr timeframe) I feel confident in is Bitcoin. I think it will be the one constant as the base currency/store of value. There will certainly be other winners and those that outperform but everything else is basically a new tech company. It's still so early in the eco system development that it's hard to say who will win since none are performing at scale. Those winners may only be dominant for periods of time too like an AOL. The overall industry will definitely be something I stay invested in for the long term though. I have a stack of BTC that I do not intend on selling anytime soon and may never sell. Everything else I just have to see how things play out but plan on staying involved in this industry. I currently have a lot of GBTC in a ROTH but plan on moving it over to itrust capital where you can actually hold and trade the coins without the tax hit.
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iTrustCapital is the #1 Crypto IRA platform offering cryptocurrencies, gold and silver within your retirement accounts.
I'm expecting ETH to outperform BTC
I own a lot of eth, def one of the safer plays
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I bought in back when it was 15k and rode it to 65k… I’m not new to it just cautious and don’t trust it
Just a suggestion, spend a little more time learning about it, might make you look at it a little more than just a short term trade. If you want some more material, happy to send over. To start getting the large multiples you really need to be in for longer periods of time, really starts accelerating at 4-8yrs. Shorter time ranges you are in a volatility range of your purchase price.
I’ve watched lots of YouTube videos on it. I was a true believer. But when the stock market dipped earlier this year around February and bitcoin did too. I no longer believed the narrative that said it would protect against such an event. So actions speak louder than words in this case the price action
That's a pretty ridiculous conclusion, there is no way to control what other market participants do in the short term.
What conclusion are you referring to? I been right so far.
Yes
I am annoyed but learning nonstop.
I hope it goes parabolic and it crashes in epic fashion. I was expecting 100k USD BTC but I think it runs late due to manipulation.
