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Cryptocurrency News Video

Hippo Talking about Coins (2): Can I still buy a Bitcoin worth 100,000 US dollars?

Dec 15, 2024 at 09:16 am Hippo河马

Can I still buy a Bitcoin worth 100,000 US dollars? Welcome to follow me (hippo688) for the second issue of "Hippo Talks about Money". This is the second issue of my "Hippo Talks about Money" series. The topic of this issue is - "Can a Bitcoin worth 100,000 US dollars still be worth it?" purchase?". This video talks about four aspects. First, where does the value of Bitcoin come from? That is, why is Bitcoin worth so much money? Second, what are the advantages of Bitcoin over traditional asset investments such as gold and stocks? Third, is there room for Bitcoin to rise in the future? Fourth, at the end, I briefly shared some of my own experiences with my novice friends. 1. Why is Bitcoin expensive? The price of Bitcoin is mainly determined by its limited supply and growing demand. The total number of Bitcoins is only 21 million, which is not even enough for the rich. Now that the US Bitcoin ETF has been approved, Trump supports it, Musk calls for orders, and more and more individuals, institutions, and countries recognize Bitcoin. Scarcity + consensus growth jointly drive the price of Bitcoin to continue to rise. 2. The advantages of Bitcoin compared to traditional assets. The decentralized nature of Bitcoin can make assets relatively independent of specific countries, making it more conducive for individuals to control private assets. The storage of Bitcoin is very convenient, and the more turbulent it is, the more advantageous it is. Bitcoin is still an emerging industry, and the crypto industry is still a blue ocean. 3. Bitcoin’s rising space Regarding Bitcoin’s rising space, $100,000 is by no means its ceiling, but a new horizon. Most investors are bullish in the long term. Hippo’s personal next target for the price of Bitcoin is 200K, which is 200,000 US dollars per coin. He personally believes that it is very likely to be achieved in 2025. 4. Precautions for Beginners: Investment is a practice. It does not mean that you can settle down just by buying. You must improve your investment research capabilities and improve your trading winning rate. No matter what kind of investment, there are risks, so you must pay attention to it. To retain liquidity for yourself, it is best to adhere to the principle of investing spare money and develop the habit of buying in batches instead of studing; for long-term optimistic targets, fixed investment is a very good way. Some personal opinions, not investment advice. Thank you for your likes, comments and shares.
Video source:Youtube

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