Bitcoin - BTC - Food for thought
Bitcoin - BTC - Food for Thought - Analyst suggest that you can become a millionaire by owning a portion of a bitcoin. Is it worth risking $500 or $1000 buying BTC to HODL? Could we mentally deal with the volatility? If it goes to $7000 a coin before going to $100 million, would we stay in it? Would we have the patience to wait 5 -10 years for it to grow? or will we look back and say I should have bought some when it was 50K? Just food for thought.
If Bullish, the next move will be from 50k to 75K which is a 50% move. Should you just keep money in the bank or put it into BTC(or other Cryptos)? Banks will have to address this at some point? Banks will have to allow customers to buy and hold BTC(Cryptos) at the bank? This has to happen sooner than later. Just think of how much money Coinbase , Gemini and Binance are collecting to hold coins for the Billionaires and major US Companies who are buying BTC in BULK. Also just think they probably want other coins also. XRP especially. Not Financial Advice.
If Bullish, the next move will be from 50k to 75K which is a 50% move. Should you just keep money in the bank or put it into BTC(or other Cryptos)? Banks will have to address this at some point? Banks will have to allow customers to buy and hold BTC(Cryptos) at the bank? This has to happen sooner than later. Just think of how much money Coinbase , Gemini and Binance are collecting to hold coins for the Billionaires and major US Companies who are buying BTC in BULK. Also just think they probably want other coins also. XRP especially. Not Financial Advice.
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