I will be honest, I regret the day that I did not start with bitcoin. It was in the very early days, value was still around $1. But I calculated that the costs of mining would exceed the value of the coin. Then around 2011 I had some money to 'invest' and considered bitcoin. I don't even want to calculate the value it would be now, that's just frustrating
. But hindsight is always easy. If we could look into the future we would all be millionaires the next day.
But I could not stop following it because I like the technology and also the economic aspect. So I believe the point of investment is just gone. Even if it go's up to 100.000 this still would 'only' be about 10 times the value now, so not the mega profit from the early days.
But I'm convinced that bitcoin will crash some day. Not because of envy, but there are a lot of things pointing to a tipping point. A bubble for sure. The question is when will people realize this and when will the fall start.
So I'm pretty sure about this and this time I don't want to miss this opportunity. The question is, what would be the best strategy to profit from this crash? I thought CFD's and short-selling, but when it go's up a lot, I don't have the equity to hold the positions and they will be terminated/margin call. Also I don't trust the brokers, will they pay when the fall is huge?
We can discuss about a crash yes or no, but for me this is not a question anymore. The only question is, how can I make sure not to regret this opportunity this time.
Invest in alts, is that simple, you are waiting for bitcoin to crash, well guess what, you are not going to get a lot of profits with that either, you are going to lose money instead, find some alts that are at good price and that have not been around for long, and then hold them for 5 years, if you invest a decent amount of money you could become rich and if lucky even a millionaire.
