filagotnochill

10 CRYPTOCURRENCIES TO 10X IF INVESTED IN 2021 | Part 1: BITCOIN

Long
filagotnochill Updated   
BITSTAMP:BTCUSD   Bitcoin
DISCLAIMER: The following is not financial advice. Invest at your own risk.

This is a 10 part series of 10 Cryptocurrencies you should invest in 2021 to have exponential returns.

The investment strategy centers on fundamentals and predictive models. It assumes all exponential assets obey the following:

  • Volume and Price action is everything.
  • Price always reaches the upper band (green in color in the chart) of the previous cycle high.
  • Ignores black swans and outliers ("A black swan is an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences.")
  • Price always regresses to the mean: Fibonacci zone 50%.

Let's now look at why you should invest in Bitcoin:

  • Projected ROI: 1657%
  • Maximum Drawdown: 60-80%
  • Risk/Reward: 27X
  • Expected timeline: 1 to 3 years

Fundamentals:
  • Massive inflows of Smart Money
  • Peak interest from Institutional Investors
  • Coined as 'Digital Gold' of the 21st century
  • Hedge against the fall of the world's reserve currency, the US Dollar.
  • Scarcity and supply shortage: Maximum supply of only 21 million.
  • Expected to reach the current Gold Current Market cap of 10 trillion in 5 years.
  • Total crypto market cap to reach 5 to 10 trillion in this cycle. See the chart below:

Research Materials to learn more:
Don't forget to like this if it helps you. Welcome to the greatest wealth transfer of the generation.
Comment:
Price Target: 200K
(Please note the predictive model doesn't predict the time period. It simply predicts price projection)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.