Getting involved in the Bitcoin Market / altcoin

Bitcoin Questions and AnswersCategory: General questionsGetting involved in the Bitcoin Market / altcoin

RJ TOBY TOBIN asked 9 months ago

Hi guys I\’m fairly new to the Bitcoin evolution would appreciate your Insight 2 buying altcoin at present Bitcoin is over $10,000 mark and is a bit intimidating 2 persons not Financially adequate. With that being said do you foresee Bitcoin getting to the 50,000 or $100,000 marker in the years to come thank you for all you guys do it\’s appreciated.

1 Answers
Steven Hay answered 9 months ago

Hi RJ,
Well, you don’t have to buy a whole Bitcoin, you can buy small fractions too! So instead of 1 BTC at $10,000+, you can’t buy 0.5 BTC at around $5000 – and so on. You can buy as much as is affordable.
I think it’s possible that Bitcoin could reach those prices. I also think it’s possible that it could go to $0. I really couldn’t say where price will be in the years ahead, although I hope it’ll be higher. If the Lightning Network and other upgrades are successfully implemented into Bitcoin and its mainstream adoption continues, I see no reason why price won’t rise… but there are no guarantees.

Bitcoin Video Crash Course 

Join over 94,000 students and know all you need to know about Bitcoin. One email a day for 7 days, short and educational, guaranteed.

We hate spam as much as you do. You can unsubscribe with one click.