Will BTC reach $100k but “when” will it reach $100k? On the day of writing, July 4th 2019, only 2 months ago it was around the $3000 mark, last week it hit $13,000 before going back down to $8000. A half hour ago on my last look it was $11,800. All this actually begs another question which is with massive price swings like these, why aren’t more people investing a couple thousand dollars and making their own $100,000 in 6 months (conservative estimate btw)
All it takes is a few dedicated weeks/months studying how cryptocurrencies and the markets work, buy an investing book and learn how support and resistance work (YouTube is priceless) and a lot of people could have money they never dreamed of! That’s not conjecture, that’s fact based off my own experiences and based off the fact anyone can dig a chart up from CoinMarketCap or somewhere, see what would have happened if you’d invested say a thousand dollars in 2011 or 2014 and let it ride (btw you’d be stinking rich) better still and more to the point see what would have happened if you’d bought in and out several times just this year. Learning something as simple as how to draw a trend line and read a chart could see you retire 30 years early.
My tip for a crypto to research that has great potential is Ripple’s XRP. It’s technology xrapid and ripple net are in the process of disrupting the whole cross border payments market (valued at 12 trillion dollars per day) their technology moves money from country to country, not at the speed of 3–5 days which we currently see with the old system of swift (ironic name) it take 0.4 seconds, costs virtually nothing and is blockchain secure. XRP price is currently $0.39. Bitcoin was lower than that once. Just saying.
This isn’t financial advice. Always do you’re own research and be lucky out there.
