What makes you think Bitcoin will hit such a number by January first?
Stock-to-flow model.
My worst case scenario for 2021 (price/on-chain based): Aug>47K, Sep>43K, Oct>63K, Nov>98K, Dec>135K
BTC was ~42,000 heading into the end of Sep. and is ~63,000 now. Multiple targets hit.
https://100trillionusd.github.io/
FWIW I started with a mid 5-figure investment nearly 3 years ago, and now I have mid 6 figures.
Bitcoin has to go up in value because the whole world needs it, and doesn't have it yet. It has to go up in value until it's ubiquitous.
What real estate was to the boomers, BTC is to the millennials. It's a once in a generation opportunity to amass great wealth.
Please keep in mind there is no such thing as "a Bitcoin" there is only "Bitcoin". It's a decimal, which is a fractional amount of the total BTC in circulation. People think "a Bitcoin" couldn't reach some high amount because they are comparing it to an object like a gold coin or stock certificate. You never own a number of "Bitcoins" you only ever own an amount of Bitcoin.
I bought Bitcoin back in 2017 best $500 investment I’ve ever made.
Now is a good time to buy more if you have any money sitting idle.
I have $3500 set aside for a medical procedure next year, I put it into Bitcoin so hopefully I can double it before I need to spend any of it.
I'm curious why you trust something like bitcoin that has no tangible reserve? One keystroke and like all digital currency your money is gone.
Oh I should mention, Bitcoin has been in a bear market since the beginning of 2018, and IMO it's gearing up for another massive bull run and a blow-off top like Dec. 2017.
actually "a" single bitcoin is a thing- it refers to the discovery of a hash starting with a string of zeros (length relating to the mining difficulty)
but that's pretty inconsequential for people who are just buying it. you can buy whatever fraction you want
Buy Bitcoin.
You guys crack me up. Why in the hell are you wasting your time? Stack sats like a savings account, sure, but you don't buy in to cycles with Bitcoin like a boomer or a tradfi normie.
OK
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