I’m wondering when I should bail out and cash in.
$80,000? $100,000?
My Coinbase balance is only $3,173.86 Up $1,128.24 in the last month, And only 75% of my Coinbase is bitcoin.
Or just let it ride. I’ve only bought crypto with money I could afford to lose.
Everyone seems to have their own criteria…
There are a total of 1,850,000 available Bitcoins on all the Exchanges. This includes centralized and decentralized.
Over 10,000 coins are being purchased daily by the ETFs alone. Then you have companies like Micro Strategy and AARK investments buying a lot of Bitcoins. In addition, you have countries like El Salvador, Argentina and United Arab Emirates buying Bitcoins.
Currently there are 900 Bitcoins that are awarded daily to miners, but after April 20th it will be 450.
You can do the math and see it will run out by June/July time period or sooner. Then what do you think will happen to the price of Bitcoin when it’s no longer easily available?
Every 4 years is the halving. Then you get a bull run for 19 to 24 months. This time because Wall Street is in there… People are saying it will be a super cycle. Meaning a bull market for 24 to 36 months. Others think there will be no pull back because the dollar is in trouble.
$1 trillion every 100 Days added to the Nation’s Debt
Sheeeeeit, up $40k...I’m going to let it ride, targeting $150,000.