Bitcoin can go to $250,000 this year, which means that a stack of 5 Bitcoin can be worth $1.2M by the end of the year.
Quite a nice stack.
I would put the 5 Bitcoin into Ethereum though, because Ethereum can go to $20,000 this year easily and this would be worth 2.4M instead of just $1.2M.
In fact, put 3 Bitcoin into Ethereum and 2 Bitcoin into LTO, ENJ, AAVE, SNX, VET that all already have so much adoption with millions of users and billions in capital behind them and you’ll probably have $3.5M by the end of the year. $1000 bitcoin can't make you rich but might be worth $5,000 when Bitcoin goes from $50,000-$250,000, but that’s very far from rich.
Even if Bitcoin is worth $1M 5 years from now, it would only be worth $20,000. It would be better to invest these $1,000 in Ethereum, which might be worth $40,000 by the end of the year, which can net you $20,000 this year already.
That’s why we might see a cooling phase until Uniswap v3 launches with Optimism, which would make Ethereum 100x more scalable according to Vitalik Buterin. This would launch the crypto-scene into a new era, where transaction fees and scalability is not an issue anymore since ETH 2.0 phase 1 would also be launching a couple of months after.
At this point, Ethereum would be able to achieve 150,000 transactions per second, which would be 10,000x more than right now with 15 TPS.
Interestingly, if Optimism were already launched, we would probably already have usage of 150 TPS on the Ethereum blockchain due to a lot less friction, much better ease of use, less fees, and probably a whole new kind of dApps being launched.
However, since Optimism has been delayed until July, we could see not so much growth until then. We could still break $60,000, but we probably won’t be able to see $100,000 Bitcoin and $10,000 Ethereum before July. I’ve been waiting for reasons to go safer, but there weren’t any since December, everything was just bullish. However, now there are 4 reasons at once, so I’m taking some profits.
All in all, we are now in a phase of uncertainty for April, May and June after a very bullish and optimistic phase from December to March.
However, smaller altcoins could continue to pump, so it’s worth having some funds in those.
However, be aware that this disappointment in the delayed Optimism launch could also cause Bitcoin to dump back into $40,000 or into the $30,000s briefly if we are in bad luck.
Currently bitcoin is a wild and sensitive ride and investors in the SafeHaven Project (SHP FUND), are safe as the name implies. In fact in recent investment opportunities I have been able to share with my investment community. majority of my members made a whooping 40% profit this month alone on investment opportunity that traditionally pays 15%. If by any chance you are interested in being a part of my community and you’re in need of directives and plans send me an email on MariusKramer1@outlookcom) I suggest you copy that so as not to make mistakes
That’s why I’m selling my BTC and ETH and move to 50% in stablecoins now. Only those altcoins I’d hold at 10% each.
However, I wouldn’t hold AAVE, SNX, COMP, VET, NEXO. I don’t see them pumping a lot while Bitcoin goes down or stays stagnant and fees are high.
If Optimism had launched on time on March 15th, then we could certainly another big run-up, but with the delay, this run-up was probably cut short and a cool-off/bearish period seems more likely.
To repeat, I’m not saying the market will dump for sure, it can also go up, but I’m being cautious for the time being and I’d rather be safe for a while and take profits than catching minor gains.