Bitcoin should be hold before its price increases !

[Mia Chloe]

Of course we discuss every now and then however bitcoin helps combat inflation and yet most countries with a bigger economy still don't attempt to use bitcoin as an edge over inflation. Probably the government has their reasons based on things like centralisation. Infact it's very possible that bitcoin isn't used by a majority of these big nations simply because it is a decentralised network.

And because of that there wouldn't be more of a direct unit where the government can enforce laws that would put them under centralised control. I believe more countries like this should rise up to fight against inflation.

[KryptoBull]

I was very surprised to see the news that a small country like Bhutan holds over $780M in Bitcoin and will continue to increase in the future. It's the second country after El Salvador to officially hold Bitcoin. I'm more optimistic about how much Bitcoin value can skyrocket against the high demand. I think bitcoin is currently in its teenage years and its value will increase exponentially due to massive demand against its limited supply.

As a result of the increase in the demand for Bitcoin around the world, how much can the price of Bitcoin reach by 2030?

Although I believe BTC price will increase in an uptrend, it’s difficult for anyone to make an accurate prediction about BTC’s short-term price increase, and even if he can do that, it’s hard to convince all investors in the market. In a downtrend, investors always doubt the accuracy of bullish predictions.

El Salvador and Bhutan don’t invest all-in based on such predictions. They have long-term decisions to accumulate BTC for the national budget. I don’t know when Bhutan started buying BTC, but El Salvador has held BTC through the crypto winter and is buying 1 BTC every day.

[Legion]

Of course we discuss every now and then however bitcoin helps combat inflation and yet most countries with a bigger economy still don't attempt to use bitcoin as an edge over inflation. Probably the government has their reasons based on things like centralisation. Infact it's very possible that bitcoin isn't used by a majority of these big nations simply because it is a decentralised network.

And because of that there wouldn't be more of a direct unit where the government can enforce laws that would put them under centralised control. I believe more countries like this should rise up to fight against inflation.

Yes It’s definitely crucial to create a long-term investment plan. It is very likely that chosing coins that are continuing to grow in value could bring major rewards. Becoming invested in coins such as Bitcoin, Ethereum, and others requires us to be convinced of their value and future, although the current market can fluctuate.

A planned strategy that is kept in line, particularly through several versions, can help you stay on track for results. It is often seen in investment arenas that your experiences with Ethereum mirror a common reality; not every investment will see the same success. You continue to look on the bright side concerning how things are evolving. Hopefully in time, all the work and planning you do should lead to fulfilling outcomes!

[Lucius]

~snip~
As a result of the increase in the demand for Bitcoin around the world, how much can the price of Bitcoin reach by 2030?

It is quite pointless to speculate about the price of BTC in 6 years, because something like that is completely in the sphere of speculation, and anyone can throw out some number and say that it is their opinion. A lot depends on the economic-geo-political situation in the world and whether the people who lead this world will find a way for peace and coexistence, instead of wars and the destruction of our planet through global warming.

What is important to note about the price of BTC (whatever it is) is that inflation should be kept in mind, because the power of fiat is weakening in most countries, and this means that 1 BTC = $100k in 2024 and 1 BTC = $200k in 2030 (for example ) can only have slightly higher purchasing power than today.

[doc]

I was very surprised to see the news that a small country like Bhutan holds over $780M in Bitcoin and will continue to increase in the future. It's the second country after El Salvador to officially hold Bitcoin. I'm more optimistic about how much Bitcoin value can skyrocket against the high demand. I think bitcoin is currently in its teenage years and its value will increase exponentially due to massive demand against its limited supply.

As a result of the increase in the demand for Bitcoin around the world, how much can the price of Bitcoin reach by 2030?

Although I believe BTC price will increase in an uptrend, it’s difficult for anyone to make an accurate prediction about BTC’s short-term price increase, and even if he can do that, it’s hard to convince all investors in the market. In a downtrend, investors always doubt the accuracy of bullish predictions.

El Salvador and Bhutan don’t invest all-in based on such predictions. They have long-term decisions to accumulate BTC for the national budget. I don’t know when Bhutan started buying BTC, but El Salvador has held BTC through the crypto winter and is buying 1 BTC every day.

No one can accurately predict the price of bitcoin for the short term, so many investors choose to hold bitcoin for the long term. Likewise, the governments of El Salvador and Bhutan, they are also likely to accumulate profits holding bitcoin for the long term. Because by holding bitcoin and buying when it is bearish or the price is still low we can get higher profits when the bullish eaosn.

[sampoerna]

Yes, because for people who believe in Bitcoin, they must have very strong strength and reasons why they are willing to hold for a very long time. even for years, surviving all bad rumors and FUD. for the sake of the desire and hope to truly meet the real bullrun era.

And if the strategy is to hold, do it, while increasing the accumulation of Bitcoin and other top altcoins that are thought to have high potential to go up again. it's just that this does require full patience and caution.

[Captain Corporate]

Not everyone agrees with this obviously, this is why we keep seeing people selling their coins. I think its clear that we are not going to see this price change all that easily and that is the hardest part. I think its clear that we are going to see this getting to a point where we could see this changing. I believe that we are going to see this getting to a point where price will increase so much that people who are selling right now will end up buying even more. That is the most important part and I believe that we are going to end up with a good return for a long time, it has to be something that takes a while but they will all get in when the hype starts.

[nakmantu99]

Yes, because for people who believe in Bitcoin, they must have very strong strength and reasons why they are willing to hold for a very long time. even for years, surviving all bad rumors and FUD. for the sake of the desire and hope to truly meet the real bullrun era.

And if the strategy is to hold, do it, while increasing the accumulation of Bitcoin and other top altcoins that are thought to have high potential to go up again. it's just that this does require full patience and caution.

Holding bitcoin for the long term requires patience and always focus and not being affected by FUD, the crypto market is always volatile and we must have long experience so as not to panic. for those who remain patient and careful to hold bitcoin for the long term, they are the winners because of their patience and consistency.

[KingsDen]

It is interesting to know that the country didn't get their bitcoin from seizing people's bitcoin. They actually worked for it by mining it. This is wonderful and bitcoin is a spirit. While one country is banning bitcoin due to high energy consumption, another country is taking the advantage of bitcoin to accumulate.

As a result of the increase in the demand for Bitcoin around the world, how much can the price of Bitcoin reach by 2030?

Can we just focus on bitcoin and forget this projections. I have lost interest in such projections until bitcoin hits 100k.

[bayu7adi]

As a result of the increase in the demand for Bitcoin around the world, how much can the price of Bitcoin reach by 2030?

Even I just found out that Bhutan also wants to anticipate the existence of Bitcoin which according to the country may be very potential Bitcoin... its adoption is not so calculated for the size of a less popular country, maybe if the one who does it is a country with high power, such as China, the US or a big country in Europe, it will significantly change the Bitcoin market conditions to be very potential.

Can't expect much, but it's not a bad step either.. because in the end the existence of Bitcoin is really potential, that's not wrong.

[Jating]

As a result of the increase in the demand for Bitcoin around the world, how much can the price of Bitcoin reach by 2030?

Even I just found out that Bhutan also wants to anticipate the existence of Bitcoin which according to the country may be very potential Bitcoin... its adoption is not so calculated for the size of a less popular country, maybe if the one who does it is a country with high power, such as China, the US or a big country in Europe, it will significantly change the Bitcoin market conditions to be very potential.

Bhutan is a very different case, I mean it's just a small country, but damn, they really know how to make a lot of electricity, or invest on hydro power in the 80's and now it's given them abundance or surplus of it and then they turned it only bitcoin mining. And if you are going to compute, every Bhutanese now can earn some part of satoshi with their huge holdings.

[milewilda]

Yes, because for people who believe in Bitcoin, they must have very strong strength and reasons why they are willing to hold for a very long time. even for years, surviving all bad rumors and FUD. for the sake of the desire and hope to truly meet the real bullrun era.

And if the strategy is to hold, do it, while increasing the accumulation of Bitcoin and other top altcoins that are thought to have high potential to go up again. it's just that this does require full patience and caution.

Holding bitcoin for the long term requires patience and always focus and not being affected by FUD, the crypto market is always volatile and we must have long experience so as not to panic. for those who remain patient and careful to hold bitcoin for the long term, they are the winners because of their patience and consistency.

Does really need up that patience and discipline or control on which we know that not all would really be that able or would really be that good on doing so. People would really be finding out themselves become that too impulsive on which on the time or moment that they will really be having such awareness specially on how the market is behavior or moving.
We are just humans and seeing our portfolio goes on red then it cant be that avoided for you to have such reaction and this could really be that resulting into that panic selling
on which you would really be that believing that the price might go down even further.

[laijsica]

As a result of the increase in the demand for Bitcoin around the world, how much can the price of Bitcoin reach by 2030?

Even I just found out that Bhutan also wants to anticipate the existence of Bitcoin which according to the country may be very potential Bitcoin... its adoption is not so calculated for the size of a less popular country, maybe if the one who does it is a country with high power, such as China, the US or a big country in Europe, it will significantly change the Bitcoin market conditions to be very potential.

Bhutan is a very different case, I mean it's just a small country, but damn, they really know how to make a lot of electricity, or invest on hydro power in the 80's and now it's given them abundance or surplus of it and then they turned it only bitcoin mining. And if you are going to compute, every Bhutanese now can earn some part of satoshi with their huge holdings.

See that inflation is increasing at an alarming rate in every country these days and if you want to achieve financial success you need alternative financial freedoms that can give you freedom against inflation. I think Bitcoin is going to be an alternative valuable asset for future generations through which an investor can increase his financial abundance.