Hey Guys,
I usually don't post any ideas as I only use TV for trading.
Just wanted to share this one with you and also hear your opinion.
You'll find all the details on the chart. If the history repeats itself, we should see BTC at 140k by 2022.
Remember that in the next halving there will be only 6.25 BTC created every 10 minutes. That's 900 a day. I'm not gonna speculate with the amount of money that will flow into BTC by then. It's impossible to know this.
I don't have a crystal ball just as non of us has so this analysis may be totally incorrect.
As a slow introduction to myself, my first investment EVER was in BTC while I was still a student. It was on April 2nd 2013. I bought 12 BTC at 95 USD. Days later it surged to 260$ and ended up crashing to 60 USD. Back then, BTC was unknown to literally anyone around me. I remember thinking "GOD DAMN I MESSED UP" ... MOOOMY ME HAVE NO MONEY FOR FOOD OR RENT (God, she was pissed at me)
So I spent a whole summer working to get some of the money back and soon after BOOM sold everything at 950 USD. Now that felt really good.
But wait, as a professional NOOB I decided to buy back at 600$ around mid November and was stuck. Same happened back in 2017, sold, it kept on rising so I had to buy again... until I've learned my lesson and started with some serious TA lessons.
Anyways, I know loads of you are stuck in a position at 19k, 12k,10k etc. The only thing I can recommend is to risk a bit more and invest NOW. Bring the average price down and sell during the parabolic move 2-3 years from now.
Well, that was my 2 cents contribution. I hope it helps.
Cheers.
I usually don't post any ideas as I only use TV for trading.
Just wanted to share this one with you and also hear your opinion.
You'll find all the details on the chart. If the history repeats itself, we should see BTC at 140k by 2022.
Remember that in the next halving there will be only 6.25 BTC created every 10 minutes. That's 900 a day. I'm not gonna speculate with the amount of money that will flow into BTC by then. It's impossible to know this.
I don't have a crystal ball just as non of us has so this analysis may be totally incorrect.
As a slow introduction to myself, my first investment EVER was in BTC while I was still a student. It was on April 2nd 2013. I bought 12 BTC at 95 USD. Days later it surged to 260$ and ended up crashing to 60 USD. Back then, BTC was unknown to literally anyone around me. I remember thinking "GOD DAMN I MESSED UP" ... MOOOMY ME HAVE NO MONEY FOR FOOD OR RENT (God, she was pissed at me)
So I spent a whole summer working to get some of the money back and soon after BOOM sold everything at 950 USD. Now that felt really good.
But wait, as a professional NOOB I decided to buy back at 600$ around mid November and was stuck. Same happened back in 2017, sold, it kept on rising so I had to buy again... until I've learned my lesson and started with some serious TA lessons.
Anyways, I know loads of you are stuck in a position at 19k, 12k,10k etc. The only thing I can recommend is to risk a bit more and invest NOW. Bring the average price down and sell during the parabolic move 2-3 years from now.
Well, that was my 2 cents contribution. I hope it helps.
Cheers.