Don't regret missing the opportunity to buy Bitcoin cheap
Some people might think that 30k USD is not a cheap price for Bitcoin. Those who had been in the crypto world would definitely think that 30k is costly compared to the 1000$ value a few years back. But today, the world is changing and things have changed a lot, and seeing the price near 30k would be a great thing after we realize it after a few years. Today I was reading an article where Robert Kiyosaki was very confident that Bitcoin would reach over 135k USD soon. Most of the people are expecting the same thing. But maybe not 135k but there is a high hope that it would definitely break resistance at 60k $ and reach 100k $ in the next bull market. 135k is something that is quite possible but we shouldn't be having such big hopes but wait for it to happen.
In the last two days, I'm able to see the market doing very good and seeing a slight increase in the price of some of the altcoins. Though in the bear market some of my investments have gone way below my invested value, I was wondering if I should be investing a little more to do some dollar cost averaging. There is definitely a big hope for native cryptocurrencies and when the next bull market happens, there is a high chance that many native coins and alt coins would have a very good time.
Today the price of Bitcoin is around 30k dollars. The price is very tempting even though we did miss all the opportunities when the price dropped way below 20k dollars. I entered the crypto world when the price of BTC was less than 3k dollars. I personally thought that it was a huge money and I never invested in Bitcoin after taking out my first profits but today we are sitting at 30k dollars and many people think that 30k is very low and when the next bull run happens, the price would easily reach above 60k which is the previous all-time high value.
Robert Kiyosaki is someone who believes in Bitcoin and he recommends people to invest in Bitcoin. Even though he has more preference to Gold than Bitcoin but he is not against Bitcoin and he asks people to purchase Bitcoin. This is very good because one of the biggest influencers is advising his followers to purchase cryptocurrency. This is good for the crypto industry because when big people like Robert talk, they think it is important to purchase Bitcoin and go for it. Some people might go even further and they find other altcoins and try their luck on some of the alt coins.
Robert belives that keeping the money idle is not going to help and it would only lose its value. If the money is converted to an asset, the value would be appreciated. If the money is converted to some asset that would start giving some passive income, that is again another advantage. There is a high chance that people will start waking up and investing in Bitcoin.
Now it is still the right time to purchase Bitcoin. I personally decided to purchase a small quantity of Bitcoin every month so that I have some decent value before the bull run. I would then be willing to spend some Bitcoin during the bull run to convert them to some profit. If at all BTC reaches 135k $, it is definitely a great investment that would have given me at least 3X or 4X returns.
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