I got into Bitcoin in January 2015.
In those days the dream, talk of reddit users getting into this space was to accumulate 21Bitcoin.
I recall someone saying -anymore than 21Bitcoin is plain simple greed!
Fast forward 2018, even at these prices the only realistic number average person can aspire to accumulate would be around 10Bitcoin.
I predict this number will be 1 Bitcoin within 2 years.
Let that sink in gents & ladies.
Whilst your purchasing power decreases, Bitcoin finite supply & deflationary mechanism just keeps going forward. Year 2020 Bitcoin will experience a halving that will decrease its supply of new coins by half. Usually the year before each halving is a good time to buy. As the market will feel the shortage of new coins minted within months of the event, causing a bull run. You want to get in early, before the FOMO.
I would think that at this point, should institution have already entered the space, we shouldn’t have as high bull runs or as low bear markets. This is due to the institution investment style of months and years as opposed to retailer minutes & seconds.
My advice is to accumulate on DCA (Dollar Cost Average), get yourself a trezor & hodl da shit of this baby.
No comments:
Post a Comment