Bitcoin March 8, 2022

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Avatar for Rutkowski
2 years ago

Bitcoin Where is it headed in 5 Years?

I decided to give a 5 year prediction and as of right now, the five year prediction makes the bear market look like a bullish market. The sad part of this article is the realization that in 5 years Bitcoin will more than likely be $133,000.00 per coin with an all time high of $166,000.00 to $179,000.00

That is a very realistic 5 year estimate with growth rates not changing. I would also call that the worse case scenario. Thinking about the 2017 bull cycle with this current cycles all time high only being about 3x we would be looking for a modest 1.5x to 2x return.

Now, if crypto adoption goes parabolic. These estimates become a joke. I still stand by the, you need to own at least one Bitcoin, 5 or so BCH and a decent amount of XRP. I also recommend a nice bag of HOLO HOT while the prices are down in the buying ranges again.

Crypto is Growing!

Crypto is growing faster than ever which isn't such a great thing. When the ideal of Crypto was created it was to remove ties from the elites. However what is happening now is we are seeing these elites rush into crypto with millions and billions. These are the people the that control the World.

Why would they be flocking to crypto if it wasn't better than gold or the USD? Now, the down sides? While it is a good thing for those of us that have been around for a few years. The down sides being, the elites become even richer at the expense of the people whom crypto was derived to help.

The elites become able to manipulate crypto easily. The create fake crypto's and funnel all the money back to themselves at the expense of a lot of people whom don't know better. I am not saying that every crypto is fake, but please research a lot before you buy. Make sure the crypto you are betting on has been thoroughly vetted before risking your assets to find out.

I know I take some major risk, like when I was buying Shiba Inu at .04 cents per million. That paid off. The 1.2 billion Yooshi I bought for $80.00 has still paid off. However the Sanshu Inu, Dogezilla, Alien Inu hasn't paid off, yet. I will however hold till the end.

Signs Crypto has Matured

When you see Mainstream Media calling for World War 3 amidst a manufactured Pandemic with a major supply chain disruption that was a result of said Pandemic. Money printing at all time highs, propaganda every where and yet, Crypto is still thriving. Bitcoin rallied in the wake of Russia & Ukraine conflict.

That shows the strength of the Crypto Market as well as the strength of the Crypto Community. This also shows a major revolution in the making. Crypto, blockchain technology once again is the future of the surviving World. We are seeing the people whom have spoke against Bitcoin for years now talking about buying crypto.

Smart Money always follows Smart Money. Corporations choosing to hold cash reserves in Bitcoin vs Gold, Stocks or Bonds. The trust in Crypto out weighs the trust in Government.

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2 years ago

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I hope in that long journey to be able to collect 5 BCH and a Bitcoin because I really love to imagine that Bitcoin will reach those levels

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