What does the community think?
As already mentioned around the twittersphere, it may be more beneficial to observe the floor, absolute low prices by year to understand the sheer strength of bitcoin’s longterm price appreciation.
Annual LOW prices (floors);
2012: $4
2013: $65
2014: $200
2015: $185
2016: $365
2017: $780
2018: $3200
2019: ytd $3300
2020: 4,900 prediction
10K and beyond thenafter
What does this mean? Well, if you buy today at $4,030, and then you sell at the WORST day in 2020, this worst possible return would be a gain of +20%. Unlucky you?
Going beyond low prices, there is BIG opportunity to be buying now, and it doesn’t matter much whether you get in at $5,000, or $4,000, or $3,000, because once we are around $35,000usd per , you will have a multi-bagger within three years.
What does the community feel?
P.S. Does anyone have tips for a newcomer to get reputation? (I’m finding little documentation on specific steps/examples)
Published at Sun, 24 Mar 2019 02:03:42 +0000
