Ant prediction threads on where Bitcoin is going as an investment?

MrTexas2

Member
Any, not Ant, my apologies.

I see a ton of threads about how to use bitcoin to pay for gear, but none about how to use it as an investment.

I started using bitcoin to buy my raws/GH, etc....but then noticed I made about 12% profit on the small amount ($1,2k) I purchased. Then of course I noticed that early investors made millions...even billions.

Of course it is insanely volitile...but most experts expect it to steadily make at least 5% a year or more. It hit $120K the other day and I told myself "if it drops I am buying some more." Sure enough it dropped below 110 K and I bought some more.

Anyone care to make a prediction on where it is going? Has it peaked, or will it continue to go upward? IO know the key is to buy and hold.
 
BTC has a very high Implied Volatility. (40+) No one is investing for 5% p/y based on that! IMO it has likely seen a local top for now.. So i expect some downside in the next 12months (sub 100k). Could easily be wrong! Trying to time the market is very hard
 
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