Remember bitcoin can't fall moving into the future, it's just a continous money maker!!! Even the most bearish return mints you nearly 200% in free returns by 2030. Zero risk all reward not only in stocks but also magical coins! Bear Case, $258,500: $100 today would be worth $289.52, up 189.5% Base Case, $682,000: $100 today would be worth $763.84, up 663.8% Bull Case, $1,480,000: $100 today would be worth $1,657.60, up 1,557.6% Bullish Case, $3,800,000: $100 today would be worth $4,256.00, up 4,156.0% As you can see, a small investment would turn into a sizable return if Wood’s base or bullish predictions come true. Even the bearish price target hitting would more than double the investment from today. https://finance.yahoo.com/news/heres-much-100-bitcoin-could-185414994.html
Stamp of approval 100k in bitcoin and you can become an instant millionaire in 5 years, 10x your money in 5 years....
At $3,800,000 each, the total bitcoins would be worth more than the entire USA stock market. At some point, they would simply run of people with the ability to buy any bitcoins at that price. Unless of course inflation is rampant and $3,800,000 isn't worth anywhere near what it is today.
The tricky part is continuing to hold or continuing to accumulate at 258 when youve doubled your money. The other challenge is not selling when paper losses equal you halving your money. The sentiment now is that investing in Bitcoin is easy and "I too,should have just taken the easy route and invested in Bitcoin". It was far from easy to this point and it will be far from easy enroute to 2030. Everyone knows the 2010 story of the guy who bought 2 pizzas using 10,000 Bitcoin but spare a thought for the brother Greg too:
Good Evening S2007S, Awesome article. Thank you. I would like to follow Wood recommendation. If I invest $10,000 into Bitcoin today at $89,384.76 trading price , following Woods prediction, how much would be $4000 be worth by 2030 for the two Bear and two Bullish scenarios? Thank you,
4000 invested in bitcoin at 89k Approximate Bear case $11,500 Approximate base case $30,500 Approximate bull case $66,500 Approximate bullish case $170,700
Hello S2007S, Thank you I meant to say $10,000 be worth by 2030 if $10,000 invested in bitcoin at $89K? Thank you