Bitcoin about to go past 30k USD.
Bitcoin at 52k. Was 5k about a year ago. Crazy. And completely unsustainable, but when?
Even if you bought in when it went first went past its previous ATH in December you'd still have nearly tripled your money by now.
Do you mean when will it level out, or even crash?
What's your current position on it. It's been quite popular topic on recent podcasts. Listened to a few, David McWilliams, and an episode on the The Stand with Dunphy. You get conflicting views on it's long term viability.
I'm of the "missed the boat" mindset now regarding investing.
I mean the rate of the growth of it. I think it'll keep appreciating but there'll be many more dips and crashes before it settles down and is a reliable store of value.
Long term hold (5+ years) is how I'm playing it, with sums of money I'm comfortable losing outright, as its a pure gamble at this stage, but looks to be something there in the long term
I'm up 66% in the last 6 weeks
Bitcoin, Ethereum and Crypto.com coin - 2 of the more conventional and an alt
Hard not to feel like missed opportunities the last few years to get ahead of it but no point worrying about that, or chasing it too hard
Its highly volatile and sometimes I catch myself thinking 66% why not 300% ffs! Which is a ridiculous thought process driven by greed.
