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And on Monday, Bitcoin rewrote the historical maximum on most major cryptocurrency exchanges reached 3 years ago. And on Tuesday it rose even slightly higher. As you know, when any asset reaches new heights, its growth potential becomes absolutely unpredictable.
BTC
Let’s consider this on the example of shares. Let’s say there is a company called ZZZ. It conducted an IPO with a placement price of $20. Then the share went up and down for several years, forming a minimum of $15 and a maximum of $35. At some point, the action ZZZ breaks through its historical maximum of 35$.
What’s next? Nobody knows this. It can grow by tens and hundreds more times, the potential depends only on the future development of the company. At the same time, even if the ZZZ share soon halves, the risk/profit ratio is simply going to be positive.
This is exactly what is happening today with Bitcoin right before our eyes. Yes, there is a possibility of correction to the level of $15,000. And even a small risk of falling to $10,000. But what if the BTC grows by another $50,000 to $100,000? In this case, we consider the risk/profit ratio to be 5-10 thousand dollars to 50-100 thousand dollars. The main thing to understand is that we are talking about the ‘bought and forgotten’ investment idea for the next 2-10 years.
What awaits us today?
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