Bitcoin prices could hit up to $200,000, SunnySide Digital CEO says
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- Опубликовано: 21 апр 2024
- Bitcoin prices (BTC-USD) are rallying after the highly anticipated halving event occurred on Friday. SunnySide Digital Founder and CEO Taras Kulyk joined Yahoo Finance to discuss the outlook for the cryptocurrency in the post-halving landscape.
Kulyk notes that the rally in bitcoin prices this year was attributed to factors such as geopolitical instability and the introduction of spot bitcoin exchange-traded funds (ETFs) that saw massive inflows. Since the halving, he points out that new protocols have launched, driving "developer and transaction fee" values for mining companies.
According to Kulyk, this current halving demonstrated "the adoption, integration [of bitcoin] into overall global portfolios." With bitcoin increasingly being viewed as "a supplement to gold" in various global markets, he describes it as "a safe-haven asset." Kulyk foresees bitcoin prices potentially reaching the $100,000 to $150,000 threshold by the end of 2024.
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I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
Angela Lynn Shilling is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you
This seems like the worst period.
Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Adriana catherine
....
I agree just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading
Please educate me, i'm willing to make consultations to improve my situation,
She's recognized as 'Mrs adriana. One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
Yeah, 123k from catherine adriana. , looking up to acquire a new House, blessings
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SPY , IVV hitting the scene so far. These ETF's doing just fine. Despite fluctuations in capital market ,certain amount of ETF's do well.
Personally I put down 1.3m$ on few ETFs, still diversifying. It was this time last year I made my first million with a liquid 200k. Invested it in a trader here in CA, I get weekly pay out which I invest back on long term ETF's. Google will be a huge buy for me when the market bottoms.
Hey friend, can I work with your mentor?. Highlighting the rise and fall of different stocks as a strategy.
Yeah, she is Danielle Lee Hamberger, look her up. I have worked with her for many years!, hence that return.
My wife met her last year, anyone who invests with her doesn't have fear because of her years of experience. Someone I must recommend.
Searched the web and saw her profile and accreditations ,an analyst with great experience I must say, thanks!
Ppl have been talking down btc since it was 50 cents... cmon if u like money crypto is the best to get it
Will it go to its intrinsic value?
So edgy...I remember reading this comment in 2017....HFSP
That would be what?
Interesting question. Let's look at some use cases.
Let's say you are a drug lord and need to sneak a million bucks across the world quickly. You have to avoid the normal banking system obviously. And shipping a million in gold or jewels is slow and insecure, some one can intercept the shipment .
Bitcoin allows you to do this quickly and anonymously. Do you have time to shop around? Maybe not . So you pay a premium to use bitcoin.
And seeing how bitcoin can be broken up into 100 million pieces, and has a limited supply, I could see each piece being worth a dollar. Or 100m a coin.
@@nosuchthing8 Worked great for Silk Road didn't it. CIA and FBI loved taking ALL his crypto!
The price run up rally from 25K range to 75K range, already occurred, this time with all the market catalysts and known expected halving event within the marketplace.
so what blockchain ,bitcoin and crypto are good for? investment ok..but based on what? why is better than the real money,or why tokenization. Scaramucci and this guy can answer? The ones from Black rock have any idea?
Crypto with limited supply makes a terrific Ponzi scheme
investment ok..but based on what?
The greater fool principle.
@@ttcc5273you do know you the transactions are public? We can see who is holding what. Can you do the same with your bank?
Excellent question.
Suppose you run a drug cartel and need to ship a million bucks NOW across the world
Or suppose someone kidnaps your child and you need to pay the ransom.
You don't want the police or banks involved, you don't want to wait for gold or gems
Bitcoin is perfect for this. And there are ways to make it anonymous.
Bitcoin has little to do with gold investors. One is bought by Banks, Kings, and Governments. The other is bought by everyday Investers and a few hedge funds.
I am everyday investor, i have only gold
@@yassma977 Central banks net gold purchases totaled 1,037 tons in 2022 I think. I'm a gold owner too. Never touched bitcoin, and never will. We are a rare bread. I have only met one other.
They’re both bought by all of those things. Not sure what you’re getting at lol
Bitcoin!
Coinbase is preparing for Memecoin Mania post halving. Interesting achievements with their smart wallet and watching memecoins on Basechain like Andy on Base gaining alot of traction behind after Brett
Too the moon!
9K first
BUY THE *AMS91K* AND HOLD THE LINE BOYS.
Bro, i bought AMS91K in Feburary after your video. i'm up 479%.
For sure yes $ AMS91K. Going to have a huge Q4
Which month the bitcoin going to 100K$
impossible to say
Some time soon, no doubt.
'Course, it's also going to zero.
2 July 2024 at 1:30:23 pm AEST when the sun is shining above our heads. Feet in the hot tub of water with red undies.
Never.
July
Put all your money in bitcoin to get rich
the AMS91K is the game changer
You should buy ETH and AMS91K if you care about your future
Im a professional Appraiser, Been appraising for 30+ Years now. if you ask me what Bitcoin is worth..... 2 years ago it hit 69 000$ and then just recently it hit 74 000$. SO ON ITS BEST DAY ITS WORTH 74 000$.. If you buy it below that then its a good deal!!!
I will be worth 1 million in 5 years.
That's the wish for a lot of people, or financial institutions..., $200,000, but it ain't gonna happen😋, it won't even go to the halve of it, $78.000 is max....
JewelsbyChicGemzs