Bitcoin Predictions and Market comparison
Let's take a look at a few predictions of some people that have traded markets a whole lot longer than myself or most people that I know of.
http://www.bitcoinprice.com/predictions/
I'll leave this with you all for all the skeptics that think we won't go up again, why do all these people say that we go higher than the high that we've seen, now that makes you think doesn't it?
That's because this market called Cryptocurrencies looks very much like a market we're all very familiar with. Amazon, let's take a look at Amazon and we can directly see that markets can go very bullish after what some people think was already a bubble. The thing is the next bubble would be so much bigger.
Amazon was up 1300% from it's old ATH (All Time Highs)
After a 94% dip it rose up more than 28000%
https://www.tradingview.com/x/NeaC50h4/
Didn't you wish you bought Amazon Stock back in 2001 when it was $5 and were on the waves back up to new ATHs at $1400? That right there is the 28000% you could've had.
Some people will say you can't compare the two, however you have to keep in mind that both markets are traded by "People" Our biggest emotions are Fear and Greed and those two can give us exponentially higher highs.
Bitcoin and other cryptocurrencies give you that second chance to get amazing returns once again. When a new market is just getting started it's time to get in!
No Risk No Reward
I am merely leaving this here so you all can take a look at this after the market has hit All Time Highs again, and hopefully you're in by then.
Cryptocurrencies are here to stay and are here to grow.
Here is to $1,000,000. Bitcoin
The topic is very interesting, I am also in this thread! Cryptocurrency is the future! I followed you, I hope you will follow me. Let's twist the power of Steemit together! ;) Always happy to meet new people.
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