To be sincere with you $150,000 is not achievable for bitcoin this year in fact most and analysts are not even sure $100,000 considering the way the market is flauctuating .
If you have invested in all other cryptocurrency you have been dreaming to invest on, I also advise you to hold a little BTC for future purpose because when the maximum and total supply of BTC is mine, there will be a serious increase in the price of cryptocurrency.
I'll be converting my dogecoin into BTC this week, and buy some amount of BTC to have some reasonable amount. At the moment dogecoin isn't doing well.
Lolz, we shouldn't just consider it this way because it is not doing well .this is exactly something that happened to me when I invested in Tron., I have to sell it off because it was not moving but at that point it moves from 10 naira to 40 naira
Lol, tron performance in the digital coin market its simply making me to yell. The price is very much low, the coin isn't all that improving, it is simply below 10 cent.
I believe when the mining of 21M BTCs is mined the value of the coin will surely increase cos it will be scarce, the whales will own large portion of it. If you're a small investor holding reasonable amount then you'll be having valuable BTC by then.
Some of our expertise even advise us that having small portion of it in our portfolio is not a bad idea but should only be strictly for long-term investment .so there is still hope for the cryptocurrency.
It's never a bad idea to have some fraction of a coin. Every coin in the market is a potential coin. Unless otherwise it's said before it can be think about the other way round when the owner isn't promoting it again.
Provide that live goes on I believe BTC will really get to a higher mark because more adoption is occurring around the coin, and I am optimistic it will rise more.
But sometimes do you really think that we have to put much of our trust in cryptocurrency because I believe in the future there will be other technology that will bring down the price of cryptocurrency and make it to be useless.
Their are many things that affects cryptocurrency that remains undisclosed either. We aren't even up to 40% of factors that influences the crypto price and worth.
Another thing that could have an effect on the movement of cryptocurrency is support and resistance, this is one of the most complicated aspect of cryptocurrency that I do not understand .at this point a particular coin is not controlled by demands or supply again.
When the coin receives whole lots of support from investors especially the whales it bolster its price. The major thing around any coin progress is the supply rate.
That is true. Well since people that are investing in long-term in cryptocurrency will be getting a lot of profit then we have to invest in cryptocurrency for long time to generate profits. it doesn't matter how the market goes.
I've always believe in long term cryptocurrency investment. That's why I choose those coins that improves with time. And BTC, ETH, BNB, BCH, is among the good number of coins with long term potential for improvement all year.
