My opinion on future price of BTC and potention ROI

[adaseb]

Our market cap is just way too big to get 10x, especially with Bitcoin. Maybe with some mid-cap alts its possible but not with Bitcoin. If Trump wins the election, then I can see $100K sometime in late 2024 or early 2025, however I don't think we will see $150K or $200K anytime soon.

We got tons and tons of BTC ETFs which are being bought up and yet we right now fail to break $100K. So you need to remember, for every buyer there is a seller. And it means many of the OG are slowly cashing out and this is why its struggling to make new highs.

[d5000]

It's nice to see predictions of older forum members With most things you wrote I agree, except with:

As for Bitcoin, I believe it will continue to steadily rise over time (with the expected market swings every 4 year cycle), up to $100,000 then $500,000 and eventually $1,000,000+.

My prediction is that the 4 year cycle will break eventually. We will see 3 year cycles, 2 year cycles or 5-6 year cycles in the future, in my opinion.

The reason is that halvings are losing their effect of boosting the price, as miners are only one of many important seller groups in the Bitcoin market. So the cycles will be more like those at the stock market and depend on the economy in important countries and other factors.

In 2019 we likely already had a "preview" of what could happen in the future: BTC rose spectacularly from 3000-4000 to 14000$ in only a couple of months. But then Covid came and a much larger dump than expected. If Covid didn't happen, I think it's likely the price had reached an ATH in early 2020 and a cycle top before 2021, or at most in early 2021. This would have been a 3-year cycle.

I also think the current cycle may be shorter than some believe, and expect a cycle top already in late 2024 or in early 2025.

But there's an event which could trigger a longer cycle (a "Supercycle") of 5 years or more: the gold flippening. This would be the event where Bitcoin would be first perceived as a real competitor to gold, with many companies and also increasingly some central banks trying to accumulate thousands, tens or hundreds of thousands of coins (I hope not millions though, that would be a threat to decentralization). And in consequence its "market cap" reaches the estimated total value of all gold in the world (currenty about 13 trillion USD). This could happen when Bitcoin's price reaches comfortable six digits (say, 250,000$ upwards).

I believe this event won't happen in the current cycle, so I believe we will have still some time for sub-100.000 coins. It's however possible that the recent local price lows are close to the minimum price we'll be able to get

Diversification of investments and assets is really the only way. And if you want to be 100% real, Gold/Silver is really the only thing that's been solid since the beginning of humanity.

And here I also may disagree: it's possible that if Bitcoin wins the "gold flippening war", gold's importance could lower and it could tumble as a "safe haven asset".

[el kaka22]

If we consider 10x return on 10 years, that feels like that's a lot. Even if we consider it yearly, that would mean that we are talking about a huge return, why is that a bad thing? The sentence literally says "10x in 5 years" in it, not saying that's all, it says 2x-5x-10x and it says 5 to 10 years, but even the worst isn't that bad.

I believe that we could make a lot more than this of course, because 10x in the next 10 years isn't that likely, we are going to do probably more, I expect at least 20x, which would be a bit over 1 million and likely result in the next decade, but that's my idea. I mean its clear that not everyone thinks the same way, but if I had a guarantee of 10x in the next 10 years, I would put in even more money into crypto than I am doing right now.

[Dr.Bitcoin_Strange]

Bitcoin is now over $50,000, a figure that seemed unimaginable to most 10 years ago. Is it over? I don't think so, but the days of turning pennies into 100,000x are definitely over.

Sure, there will be some pump and dump meme coins and other Luna fiascos that will make some people rich and break others.

As for Bitcoin, I believe it will continue to steadily rise over time (with the expected market swings every 4 year cycle), up to $100,000 then $500,000 and eventually $1,000,000+.

However, I will never again put 100% of my time, energy, money or as they say... all my eggs into Crypto.

Diversification of investments and assets is really the only way. And if you want to be 100% real, Gold/Silver is really the only thing that's been solid since the beginning of humanity.

Like I have outlined some points from your post, first I want to acknowledge the fact that the days of turning pennies into multimillion-dollar profits are over, but I still love the fact that you did mention that there are indeed a few altcoins that will really make some investors very rich once the token or coin gets pumped. For example, fifteen years ago, one would spend $1.008 to get 1,120 bitcoins at a rate of $0.0009 each, and if one sold that same volume of bitcoin today, the profit attained was wow, while the capital of such an investment was just a penny. I don't think there is any coin or token in which one will invest only $1 today and expect to get a handful of unmeasurable profits in the future; those days are  gone. You are right @BitcoinBarrel.

We don't know what the future might be, but if Bitcoin continues to exist, it might definitely get to $1 million one day, but even until then, the capital that is required to invest and get a significant amount of Bitcoin is huge and something that so many people cannot afford, apart from the fact that some are using DCA to accumulate some fractions steadily. 

Diversification in investment is good, and apart from the gold and silver that you mentioned, there are so many other things too, and one must be open to other opportunities and not be a maximalist. 

[lixer]

Gold and silver to minimize risk but by generating wealth takes decades because the annual rate of increase is very small, some investors still believe in securing their assets in gold and silver to keep it from declining.

If the faster growth is of course bitcoin, we can see 119,540,049% since the last 14 years there has been no other asset that can grow this fast, so bitcoin is now the choice of many investors to make money despite price fluctuations.

Diversification is part of the strategy, because no investor puts all the money in one bag, surely from them diversify in several assets and this as security when other assets do not fall.

exactly, even investing in gold for decades doesn't mean it will create us wealth or anything, at best it'd just gatekeep inflation from creeping up to our wealth and it won't be a life changing investment unless if somehow economic crisis hits and gold is valued higher than the fiat then it' be a life saver but gold can be valued less as well if there's some technological advancement appear that could help us mine even more gold such as interplanetary mining. I mean it's still far away but it's indeed possible.

that's why since I want to create wealth anyway i will just settle with bitcoin and any other asset that got the potential of rising and the growth that outperform inflation.

If we are talking about months or even some years, I agree, but decades? I think this sounds long already, so I also think that the gains that we can get from them are now bigger than usual. Gold can be a good hedge against inflation but why not use Bitcoin instead? Not only that it can work the same but at the same time you can also earn greater profits from it even in a short period of time only. Gold is an asset in which it had a lower supply number, so its value is already higher than fiat with or without economic crises but I think assets like gold can also be affected by it. It can still be a good thing if we will buy during it and their value can still recover after some time or if when the economic crisis subsides.

If people can be able to mine more gold then its value will actually rise because there will now be less supply left. Gold is not new and it's already valuable than compared to before, so like Bitcoin, its mining difficulty is now at its all-time high. You are right that we might need an advance technology in order to continue our mining operations but the cost of it will also not be cheap. Oh well, as a normal individual, it's better to just buy instead .

[Mr.right85]

So diversifying across assets often makes sense for savvy investors rather than betting everything on one coin or token, which is kinda like a gamble.

Not having to diversify have been a huge error for some when it comes to investment. Of course there are families that have built there name out of a brand and happen to grow a business such that, it gains prominence and stands out but, not of this kind as per Bitcoin or cryptocurrency investments.

I respect your balanced perspective.  You seem to grasp both the possible rewards and pitfalls.  Maybe that nuanced view comes from experience or from following the space closely.  In any case, kudos for not just chasing quick wins.

One thing most people are just not when it comes to cryptocurrency or should I say Bitcoin investments is open minded. People don’t want to entertain the idea of ups and down with Bitcoin price, the idea that you can encounter loses and it’s very hard to understand. How people invest in a highly volatile space and not expect some turbulence which is always a possibility.
You have chances of profit and so also the chance of a loss.

[batang_bitcoin]

You've been here before us OP and I wonder how much BTC you're able to hold over the period of time. But it's a wise move to diversify your assets and the profits that you've made in Bitcoin together with other cryptos. That's how it is likely to be in the future for Bitcoin, we'll no longer have those wildest fluctuations that we ever had. From $1k to $200, $20k to $3k, from $69k down to $16k. Those were like the wildwest that the early adopters have experienced. We may still have that kind of volatility but it might be lesser as time passes by because of how many holders are there and people aren't willing to sell their Bitcoins treated as retirement fund or whatsoever. Nothing wrong to stick 100% in crypto or Bitcoin but it is also not wrong when you start to diversify somewhere else and go with other assets.

[SmartGold01]

Bitcoin is now over $50,000, a figure that seemed unimaginable to most 10 years ago. Is it over? I don't think so, but the days of turning pennies into 100,000x are definitely over.

I believe Bitcoin and the crypto market in general is under-priced because of world events and economics the past 5 years. However, I believe the gains that are to be had moving forward will be minimal in comparison.

Sure, there will be some pump and dump meme coins and other Luna fiascos that will make some people rich and break others.

As for Bitcoin, I believe it will continue to steadily rise over time (with the expected market swings every 4 year cycle), up to $100,000 then $500,000 and eventually $1,000,000+.

Will inflation and economics in the future cause BTC to rise exponentially to Millions or Billions of $? Possibly, but who knows if the internet and computers as we know it will even exist then.

So realistically, I'm seeing 2x, 5x, maybe 10x returns in the next 5-10 years. A great, secure store of value and steady ROI. I love the practical nature of crypto-currency and will continue to use and invest in blockchain technology. There is real value in the ledger and transaction history with every crypto. Just like the Rai stones have continue to appreciate in value, even the one dropped in the ocean is counted as a transactional record and store of value.

However, I will never again put 100% of my time, energy, money or as they say... all my eggs into Crypto.

Diversification of investments and assets is really the only way. And if you want to be 100% real, Gold/Silver is really the only thing that's been solid since the beginning of humanity.

There is every possibility but with no certainty because you can't predict the future of bitcoin but with hope something good gonna come where people have to be optimistic about the prices. About gold yes this is another sure and secure investment over years it has been proven to exist though Bitcoin is nearly 15 and half years unlike gold that has stayed for thousands of years yet is still solid and I believe with time we could have bitcoin grows to that extent, maybe we may not be there anymore to see how the future of bitcoin gradually grows and changes up. Who knows what would be the price by then judging by this cycling period which push bitcoin grows above how we expected it.