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Is Bitcoin a Good Investment Or Is There Another Alt-Coin That Would Be Better Value?
I see this question asked a fair bit and thought i’d share my 2 cents…
Firstly in my opinion cryptocurrency is a highly volatile and speculative market.
You see, unfortunately I had never heard of Bitcoin before 2017 meaning I missed the multi 1000% rises some now Bitcoin millionaires mention and were apart of…
These days, I feel many people trade it for entertainment.
I know I was hooked after experiencing multiple 10x Gains and a 20x Gain in a very short period of time. (All alt coins)
While these gains were great I have also experienced the heartbreak of many Crypto Scams, Exit Scams, False Promises, Failed Projects and Many Now Worthless Coins as Valuable as Dust.
As an unpopular opinion I feel new investors today including myself have missed the 100x opportunity in bitcoin.
Todays price is $9400 USD
For a 10x Gain = We need to see a price of $94,000
For a 100x Gain = We need to see a price of $940,000
The highest Bitcoin has ever been is $19,783
While Bitcoin may rise in the future, It is really hard to say if it’s “good value”
