Posted: Feb 16, 2019 2:25 pm
by jamest
Thommo wrote:
How much increase, and on what date are you forecasting?

I'm anticipating a high of 50-150K after the next bull run, which I think will begin within the next year and peak around 18 months later.

Putting my cards on the table, I think bitcoin is a terrible investment with almost no underlying value. It's incredibly volatile and risky.

Of course it's risky and volatile. So is your fiat. I did consider buying some actual gold and I still may do so, given it's VAT free and exempt from CGT within the UK. I don't envisage any great profits from that though. Still, it's a safe option I suppose.

I know my decision to buy some bitcoin is risky, but the potential rewards means that I'm playing the game.