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How much will a Bitcoin be worth in one year?
Okay, well how about tomorrow then? Should I buy some?
5 Answers
- Anonymous7 years ago
It fluctuates so hard, that specific coins (like the Bitcoin) are hard to build on long-period. No single price is unrealistic, the market forms it, and like sheeps (does it drop even a cent in like 10 seconds, mass-selling will be done; If an big holder, for example from China, sells alot, it can drop with dollars in just 20 seconds, where everyone follows and even more 'normal' people looking for quick gain, follow)
If you ask me, best strategy is getting a soda to sit down all-day, watching the rate change in 10-second intervals, on market sites that allow this timespaces on the rate monitor. You could make profit selling every 10 seconds to a day if rate gives you profit, but long period like a year, is unsure, very unsure, but if you can miss the investment for one, and can keep your patience over 1 year it might be considerable (confirm with yourself to never sell it early; the rates can get scary low over a whole year and dip alot, rushing it off there would leave you with lose for sure)
For the long hold, as example, the marked shapes the price, so no price would be unrealistic. If price goes up rapidly some day coming year, more people will buy, and it even increases until mass-buying, where infact 1 bitcoin can reach theoretically 1 million dollar: there is no central authority, aslong popularity increases there is no brake on it: it would split towards tags like 1 ''microbit'' is what ever was 1 bitcoin before (this was only to explain the theory, don't ever expect or go on the fact that it -COULD- increase extremely, what i named as rate in future is theoretical and quite unrealistic)
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