Well today as I write this article, guess what we have a new Bitcoin All Time High, yes BTC has finally broken the $20,000 resistance and went straight to $22,000.
The last BTC that I bought to HODL was just over $10,500 a little over 2 months ago that is over 100% ROI in 70 days, how awesome is crypto!
I used the strategy that I use to trade to invest in crypto as well, and it looked like a good time to buy around the start of October, well it turned out it was.
I still remember sitting around the smoko table where I used to work, trying to explain what Bitcoin was to my workmates and convince them that BTC will be the next big thing. I remember buying my first Bitcoin is was just over $300, it was a few years ago.
So now that we have a new Bitcoin all time high, the question is how high it will go? Where/when will it stop? If you can believe the experts they are saying it could reach anywhere between $90,000 and $300,000 by the end of 2021, they call it the new Digital Gold.
Bitcoin and Blockchain technology is fast becoming mainstream, more and more big investors are buying up 100s of millions worth of BTC, even PayPal has recently come on board in the crypto space, I believe this has helped Bitcoin reach this new all-time high, but what will happen now and how can you take advantage of this move?
2017 – Bitcoin All Time High
Until now, Bitcoins’ previous ATH was at the end of 2017, that is the last time until recently that it was around $20,000, so what happens now? Do you remember all the hype around Bitcoin in 2017? Many people made a lot of money and a lot of people got burnt as well because they were not ready for the pullback. Some people have been HODLing since 2017 just trying to break even because they didn’t have an exit strategy.
They got FOMO and started buying near the end of the 2017 Bull Run, and it is only just now 3 years later that Bitcoin prices have reached those levels again.
If you don’t know the terminology FOMO, ATH, HODL etc… head over to this post and educate yourself Understanding the Crypto Lingo
So what happens now, will history repeat, will it have a big pullback as it did at the end of 2017, what do you think? If it does have a similar pullback which was around 80%, that means it could fall to prices around the lows of March 2020 which was around $4000
Let me give you an update of what has been happening lately in the crypto world, although there has not been the hype around Bitcoin like there was at the end of 2017 there certainly had been some big announcements.
Click the LINKS to read in a New Tab.
Australian Finacial Review ==>> Wealthy investors are buying Bitcoin as stigma fades.
What do you think? There are some interesting opinions, which is why I really don’t care what Bitcoin does next. My thoughts are that if these big-time investors are rushing to invest in Bitcoin, they must have a good reason if they are willing to invest in BTC, so am I.
The other main reason I think you can’t go wrong investing in Bitcoin is because of the limited supply. You know there will only ever be 21 million Bitcoin, it’s not like fiat money where you can print more which devalues it. Over time, Bitcoin will go up and down in price like markets do but will always increase in value as it becomes more scarce.
So What Now?
Well, that is entirely up to you, you have 3 options.
- Do nothing = Same results, work hard for rest of life, retire broke.
- Buy Bitcoin = Create Wealth with Crypto just HODLing
- Trade Cryptocurrency = Cash Flow, Wealth with Crypto even at Bitcoin All Time High
How Bad Do You Really Want It
If you choose option 2 or 3, click the Bitcoin above and start the Free Crypto Trading Course even if you want to invest I would recommend doing the free course because it covers ALL the basics that you will need to know even if you only want to buy and HODL some coin as an investment.
It will show you how to set up your accounts and how to purchase your first bitcoin, it then explains the basics of trading crypto which will be good to know even if you only want to invest in cryptocurrency.
If you want to take it further and learn to profit from crypto even when we have a new Bitcoin all time high, you can learn the trading strategies that I use and Become a Master crypto trader.
Final Words about Bitcoin All Time High
Bitcoin might be at ATH, but I still think it is a good investment, now if I was looking to buy and HODL some more, I may not buy it right now at the new Bitcoin All Time High price of $23,500 I would wait for a pullback and try and time my entry to buy so I got a better price.
The risk here is that the price may not go lower and may continue to keep going, you can NEVER predict what the market will do, but if you do the free course and learn the strategies, you will have an edge in the market. With the right mindset, you can take money from the market when it makes it available to you.
If you are still not sure about the trading course or think crypto trading is not for you don’t knock it until you have at least tried the free course and see what it is all about, it is easy, it just takes discipline to follow your trading plan but if you can learn to control your emotions and with the trading edge that you can learn on the course you are on your way to creating Wealth with Crypto.
What price is it going to be when the new Bitcoin All Time High is reached?
How much are you going to own?
Watch my mentor on Sky News Australia – Get his Free Course Here ==>> Start your Journey.
Remember there are No Limits
Bitcoin reached a new ATH today of just over$40,500
BTC new ATH over $48,000 Bitcoin surged on the news of Elon Musk (Tesla) buying 1.5 Billion BTC.
BTC new ATH over $58,000 Bitcoin reached a new ATH on the 20th Feb.
View Current Prices Live
❗ DISCLAIMER: I am not a financial advisor. This is not financial advice. The content and material I provide on 2dsirecrypto.com is my opinion only and general in nature. Always do your own research before investing any money. You should always understand the risks involved in trading and investing and seek advice from licensed professionals before undertaking any investments of your own.