Getting involved in the Bitcoin Market / altcoin

Bitcoin Questions and AnswersCategory: General questionsGetting involved in the Bitcoin Market / altcoin
RJ TOBY TOBIN asked 2 weeks 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 1 week 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.

Your Answer
9 + 3 =