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Ethereum Magazine Predicts The Price Of 1 Bitcoin To Hit $100,000 By 2022. - Programming - Nairaland

Nairaland Forum / Science/Technology / Programming / Ethereum Magazine Predicts The Price Of 1 Bitcoin To Hit $100,000 By 2022. (282 Views)

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Ethereum Magazine Predicts The Price Of 1 Bitcoin To Hit $100,000 By 2022. by Melanin07(m): 2:32am On Oct 06, 2021
Ethereum magazine in one of its premium newsletter to crypto investors predict that the price of bitcoin could rise to $100,000 towards late 2022.

My fellow dev, invest in bitcoin now before it too late and becomes too expensive to buy.
Re: Ethereum Magazine Predicts The Price Of 1 Bitcoin To Hit $100,000 By 2022. by Nobody: 4:48am On Oct 06, 2021
cry pto
Re: Ethereum Magazine Predicts The Price Of 1 Bitcoin To Hit $100,000 By 2022. by nurain150(m): 5:42am On Oct 06, 2021
Well, this might be a paid promotion, but it's very useful, what is doge, doge was a crypto just like monero back then in the days, backed by Tesla Elon Musk, here are few tips regarding doge.

https://dailyhodl.com/2021/10/05/bitplaza-shopping-app-now-accepts-dogecoin/
Re: Ethereum Magazine Predicts The Price Of 1 Bitcoin To Hit $100,000 By 2022. by Nobody: 6:18am On Oct 06, 2021
Melanin07:
Ethereum magazine in one of its premium newsletter to crypto investors predict that the price of bitcoin could rise to $100,000 towards late 2022.

My fellow dev, invest in bitcoin now before it too late and becomes too expensive to buy.


@ bolded, that isn't a smart statement supposedly from a crypto expert advising people.

Bitcoin is already over $50k at the moment. Reaching $100k in 2022 as the magazine predicted isn't 100% certain yet, but maybe it's likely going to happen. So let's assume someone invests $200 at current price, he/she waits for a year or more for Bitcoin to reach $100k. The $200 investment would be $400.

But then waiting around a year just for $200 to rise to $400, is that a smart investment. Big NO! That's just double of initial capital.

Bitcoin has come a long way and is now experiencing law of diminishing return. It can't multiply in value like before anymore.

Best thing is to look for a strong and young crypto that still has the ability to multiply and invest in it.
Binance went from $20 to over $600 this year. That's around 3000% ROI
Bitcoin going from $50k to $100k is just 200% ROI

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