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Will Bitcoin hit 100k?

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In 2012, I was in my early twenties and down on my luck at that point in time. I still lived at home with my parents and no matter what I did, I just couldn’t seem to land a job. I was down to my last $300 and wanted to do something meaningful with it rather than just blow it on partying, which is what I used to do. I was talking to my friend one day, he was into investing and he mentioned something called “Bitcoin”. I had never heard of Bitcoin or cryptocurrency at all but my friend seemed to know what he was talking about. He said it was the next big thing so I thought, what the hell, I don’t have heaps of money anyway. So I found an investing platform online and put my last $300 into Bitcoin. I actually thought nothing more of it and the next week, I did manage to get a job. I completely forgot about the money that I had put into Bitcoin and just went about my life for the next few years.

Life improved for me after that, I found a girlfriend and eventually was able to start renting my own place with her. The years ticked by and 2017 was upon us. I was reading the paper one day and I saw a word that jumped out at me, “Bitcoin”, where had I heard that before? And suddenly I remembered the money I had invested all those years previously. I was shocked and astounded to read that the crypto had reached over $19,000 per share. Learn more about Past data, the real price, and forecast on Safetradebinaryoptions. I did my best to find my investment account but couldn’t remember what platform it was on. I rang my old friend and he reminded me of the name of the website and congratulated me on the result. He was in the Bahamas at that point and living off the money he made from Bitcoin, I later found out that he had invested much more than me. I finally found my details and logged on. Astounded, my balance read $19,956! That was a lot of money for me at that point but before selling, I decided to do a little more research into Bitcoin and its possible future price. I told my girlfriend about the money and she urged me to sell, we were saving to buy a house and this would be a big help for the deposit. 

I wondered to myself will Bitcoin hit 100k? That seemed out of the question at the time but after looking into crypto and just how much it had changed over the years, I realized that nobody knew for sure because cryptocurrency was actually tipped to be the future in money. Some analysts expected it to soar, while others said it was crash. I decided to take the wise decision and I sound half of my Bitcoin and let the other half do its thing. I made almost 10K so I was happy with that. For the coming years, I just went on with life but now and again, I would check on my half a Bitcoin share. It had highs and lows, just like stocks did, but I just kept it in because no matter what happened, I had still made a huge profit with the half that I sold. During this time, I had bought a house with my girlfriend, my job was going well and we were living a comfortable life. Fast forward to 2021, I saw on the news that Bitcoin had reached an all-time high of $68,000. I was absolutely amazed and checked my investment portfolio and there it was, a balance of $34,000. I decided to sell because, after much research, I discovered that Bitcoin was due to crash soon and that was a huge amount of money to surprise my girlfriend with. 

I thought back to when I first bought Bitcoin and wished that I had done some things differently. I wished that I had bought more, and I wished that I had not sold half in 2017 but we can’t predict the future and I am sure that most people did not expect Bitcoin to go as crazy as it did. I watched the crypto market over the next few months and just as the expert has predicted, Bitcoin crashed back down to $28,000 this year. I mulled things over and now with some decent money under my belt due to my job and also the money that I made from my investment, I put 50k into the cryptocurrency, gaining me almost 2 full shares. The money still sits there and I am not selling into Bitcoin until it hits $100,000 because I am confident that it will sooner or later. If it doesn’t reach that amount during my lifetime, I will pass the investment down to my children and hopefully, give them a nice little nest egg that they can pass down to their children. 

If you want to buy Bitcoin or any cryptocurrency for that matter, make sure that you do your research. Here is a handy little converter where you can see how much money your Bitcoin will make you if you were to invest right now, https://safetradebinaryoptions.com/usd-to-btc. Since this experience, I am actually now an avid investor and I invest in stocks, shares, and other cryptocurrencies. If you want to become a successful investor, you need to have patience because results will never happen overnight, you need to ride the rollercoaster. As for the people who are still wondering will Bitcoin hit 100k? Nobody knows for sure but if you have spare cash lying around, an investment could definitely be the way to go. There might be small crashes along the way so if you do put money into anything, I recommend that you don’t check on it too often. Just sit back, give it some time and wait for the money to come rolling in – just like it did for me!

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