Bitcoin is currently st $11,946 USD. After seeing the monthly active users growing 10x on a web stats site, and seeing that analysts expected an increase in revenue of more than 23.7% to 70% which has been steady, I put a 32% of my entire liquid money (over 240k) in Bitcoin Now it’s at 570 and I tripled my money. Anybody else made a substantial investment in Bitcoin at 1yr or more? What do you think of the current bullish pressure in Bitcoin and where will prices be at in a year?
Dude! Sell it and get the fuck out when you’re positive! You never know when this shit will crash..so far these statistics have been meaningless!
Selling all isn't the best option, going back to fiat is a very big mistake
Yeah selling Bitcoin and buying fiat is a huge risk. 20% of all dollars in existence were printed.... THIS YEAR
You already made shit ton of money. At least take the initial investment out and leave the rest to see where it could go. Personally I think btc is going much higher in the coming 2-3 years (100k+). So if I were you I'd take the principal out plus maybe 10-50 grand to have a taste of the returns and leave the rest until 2021/2022.... But that's just me.
There's absolutely no catalyst to make btc go to 100k ever. I used to be a big believer in crypto but the truth is it doesn't offer much of anything. Among all other things, it's inefficient, overly complex for the average person, and doesn't really solve core issues without creating more. I highly doubt wide spread adaption will ever happen.
Public companies are starting to diversify their unused cash into bitcoin. How is that not bullish.
The next bull run would be epic seeming Bitcoin get to $15k and the $20k So selling isn't a smart choice
Why not 500k, stay in forever. All those dumbass don’t understand Bitcoin like you do. You see the true potential. You’ll one day even be able to buy coffee with it and it’ll only take 30 minutes or lock it up for a month on LN.
"the next bull run would be epic" You could also say "The next crash would be tragic" No?
You won the lottery. Crypto is a rigged game.
So stay in or?
If you can predict where the fixers will push the price next, then stay, otherwise don’t touch it. Most of the money in crypto is around market manipulation. Is there a single use case that creates new value that isn’t surrounding by the perpetual motion machine of trading crypto?
Wins money at a rigged casino because betting in the same direction as the cheater. “I must be a genius” What the fuck does “and seeing that analysts expected an increase in revenue of more than 23.7% to 70%” mean? “monthly active users growing 10x on a web stats site” - what are you talking about, this is just not true. You’re being ignorant and gambling
You're just jealous of OP
Also agree this is just gambling.
Lol fake... but good job
There was a similar post about ZM with exactly the same words. OP has just copy pasted it and changed it to BTC. Lol
Am I the one reading it wrong? All time P/L is just 7%. Where the fuck is 3x. Also even if you are talking about the 36 BTC, the price hasn’t even doubled. Where’s the 570k? This is a fake post
Price is about $12,909 as I'm writing this. That's 8.72% in just a day!
Fake - show me that anywhere in the ss you attached ..... “I put a 32% of my entire liquid money (over 240k) in Bitcoin Now it’s at 570 and I tripled my money.” Also 240 x 3 = 720 basic math 😂😂
Bitcoin is so useless. No scaling capabilities and doesn’t have a real world application. When it starts to go south it will go south all the way
How do you feel now?
Lol
BTC could be significantly higher or lower in a year
It's very evident that it's seeing an all time highs recently, selling pressure are dropping while buying pressure is astronomically increasing. Thanks to the many institutional investors shifting their capital reserves/treasuries into Bitcoin
Which institutional investors?