I've stated many times in the past, every person who are investing in cryptocurrencies "must" at least own 1 Bitcoin before it's too late. π€·ββοΈ
In the next 5-10 years, it will be almost impossible for the "average person" to own 1 Bitcoin in their entire lives. π’
Bitcoin is currently $12,200 (as I write this post)... and guess what? 90% of the total population in the world still can't even afford a full Bitcoin right now. π³
What if the price of Bitcoin hits 100k? How many people do you think will be able to afford one? In my opinion, hardly no one except for the elites.
Here is a pretty good site I found called Bitinfocharts.com which lists how much Bitcoin are held in total addresses.
As you can see from the chart above, there are less than "1 Million Addresses" that hold more than $10,000 worth of Bitcoin.
It seems to me that a lot of people are waiting for lower prices. The only problem with that is... most people won't buy when prices are dropping. π π
This is based on basic human psychology.
People only tend to buy when prices are high and sell when it's low... which sounds crazy but that's why 95% of investors always tend to lose. π
So do you want to part of these "1 Million Addresses" who has at least $10,000 worth of Bitcoin? If you answer is yes, you better do it soon or miss the boat forever.
This isn't financial advice, just my opinion.
I'm still not sure why people still seek or talk to financial advisors as many of them are usually broke themselves. π€£
Keep On STACKIN! π Charles FuchsWant To Trade Bitcoin with 100X Leverage? Create Your Free Bybit Account Here in 30 seconds and claim your $60 Welcome Bonus!
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