I haven't seen anything on the subject of crypto and bitcoin here for a long time. I'm interested in your strategy, we've had that 20-30k range for bitcoin here for over a year now and I've accumulated a real pile of BTC during that time. It's not meant in BTC units to be clear, I'm not that into money :D
Do you think the current price will be a good stepping stone for the future? We are currently hovering around 26k.
I'm slowly buying so that I can dilute a lot more. I believe we'll see a lot more upside.
I prefer to put my funds in stocks, however, I think that whether in a year or 5, BTC will still see its highs.
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100k in 2024
If we're talking about a 2-3 year timeframe, my crystal ball says we'll be an order of magnitude different;)
I have a controversial opinion on cryptocurrencies and I stand by it. I don't own or buy anything.
I think that if there is a decline in equities, which is generally expected, that decline will also affect Bitcoin. I expect investors to move to less risky assets like bonds. Therefore, I would reduce the representation of Bitcoin in the portfolio.
I bought something at the $20,000 mark too, but only speculatively. Free cash fell in and we'll leave it there, see in a few years and maybe say thanks.