Damus
Jake Woodhouse profile picture
Jake Woodhouse
@jakewoodhouse
After this price drawdown, and remainder of the bear market, where is price going to be?

Ofc no-one knows, but I need to make some forecasts in order to manage capex and expenditure expectations

Where would you put the USD/BTC price every 6 months for the next 5 years?
4
Bond008 · 2d
Bro, keep 3 or maybe 4 months of all expenses in cash, and extra cash for any large pirchases the next 12 months, and the rest in bitcoin. No need to be a trader. Just need patience my friend. We aren't in hyperinflation yet so no need to scramble.
The Other Guy · 2d
Not sure about price targets, though generally UP. But to make a point; I think the “current financial system” is throwing its full might and EVERYTHING it has at trying to crush and obliterate Bitcoin at the moment. I think we’re deeply in the “then they fight you” stage.
ppatel · 2d
You cannot forecast Bitcoin now as there is nothing like it now nor has there ever been. Bitcoin price can be manipulated by centralised holders at any time People believing Saylor will never sell are just staking their future on the centralised system. I’d cash out to the extent of your commit...
Jimbo Galtomoto · 2d
Five years is going to be an eternity from here