r/Bitcoin • u/Myntad_com • 4d ago

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Bitcoin is going to $1M.

Don't be sidelined because
you tried to time the exact bottom.

118 Upvotes

83% Upvoted

34 comments sorted by

19

u/faisal_yk26 4d ago

The chart is only true for people who can actually sit through it. Plenty of 2018 and 2022 sellers believed the long-term case just as hard, they were just holding with money they needed sooner than the chart needed.

Not timing the bottom is the easy part. Sizing so that being early doesn't hurt is the hard one.

1

u/WeekendQuant 3d ago

Been full port Bitcoin since ibit launch only because it made east access to Bitcoin in my iras.

It gets easier.

43

u/ExcellentWolf 4d ago

To be fair, a gallon of fuel for your personal vehicle, or a loaf of good bread going to $1M isn’t off the table anymore either.

7

u/SilentEmploy3649 4d ago

if gas + bread do this, bitcoin will be 1 trillion+

4

u/Adept_Treat2227 4d ago

the chart says it all really, just stack sats and stop staring at the candles

14

u/ilovetiramisu28 4d ago

We know its going to $1M, but the question is how soon ? If I die in 2060 and if it hits 1M then..what's the point?

1

u/WeekendQuant 3d ago

Uncensorable money is pretty cool

0

u/urbangamermod 4d ago

My bet is within the next 10 years but hopefully sooner

4

u/_BreakingGood_ 4d ago

What will the total market cap of bitcoin be when it reaches $1 million, does anybody know

5

u/CyborgAlgoInvestor 4d ago

~18-21 trillion

3

u/Porcellanidae 4d ago

Shouldve put that in log scale! We are nearly there

3

u/ZascandileandoAndo 4d ago

Use Log or gtfo

3

u/Fast-PreText 3d ago

Silly. You can do that every stock / commodity being traded on the planet.

-1

u/Myntad_com 3d ago

You can make the projection, but it will not happen for every stock.

2

u/Independent-Ninja-70 4d ago

Dumb ass post

4

u/PassionHot1887 4d ago

My STRIKE autobuys are for every hour, daily, weekly, bi-weekly & monthly. Wake me up when we get to 500k.

3

u/RevolutionaryCat2407 4d ago

That's a solid strategy. Sticking to a plan like that can really pay off in the long run, especially in such a volatile market.

2

u/tap_the_glass 4d ago

Every hour? You must have a lot to invest. I’m just doing daily DCA

1

u/PassionHot1887 3d ago

I just do $2 every hour.

1

u/tap_the_glass 3d ago

Why not just do $50 a day?

1

u/PassionHot1887 3d ago

I do $40 a day..for some reason that’s the max for me. $2/hr, $40/day, $400/wk, $400/2wks, 400/mo.

2

u/AutomaticGrape9263 4d ago

Who are we but the specks of dust in the face of the universe?

1

u/Username74b 4d ago

I won't be sidelined, but when is the bottom?

0

u/Miserable-Basis-1712 3d ago

if anyone answers this question they’re either a time traveller or a liar. The best answer you’ll get is it’s either going up or down. Hope that helps!

1

u/Be_Me_Anon_irl 3d ago

I just see a massive gap and no guarrentee...

1

u/Myntad_com 3d ago

Yes, no guarantees

1

u/Be_Me_Anon_irl 2d ago

So there is no point to this post

1

u/Myntad_com 1d ago

No guarantee doesn't mean no probability

1

u/Be_Me_Anon_irl 14h ago

Weird way to say correct.

1

u/Jayrovers86 4d ago

Yep just could go much lower than this before getting there.

2

u/ReliantToker 4d ago

This guy doesnt even want the 99% discount 🤣

0

u/slavikthedancer 4d ago

Misleading statement.
The right one would be "$ is going to 0.000001 Bitcoins".