What will be the high point of Bitcoin for 2025.
It's hard to know where bitcoin is going to go this year. If the markets play out the way that they have in previous having years we should have a nice few months in front of us.
Even more important is what happens when trump takes office on Monday as he is seen to be a crypto friendly president from his pre-election speeches and the fact that he actually holds crypto.
If he backs up what he was saying over the past few months then it could kick off a crypto supercycle. This time for the first time everything is aligning towards helping crypto instead of fighting against adoption.
It will be very interesting to see what moves trump takes over the next few months.
- Appointments.
- Tax breaks.
- SEC reform.
- Crypto guidelines.
- Bitcoin treasury.
- Executive orders.
Trump has promised to be a "crypto president" and has appointed individuals with pro-crypto stances to key roles. This includes nominating Paul Atkins as SEC Chair, known for his crypto-friendly views, and David Sacks as "AI & Crypto Czar".
Ref: GROK
Depending on who you look at online predictions are ranging from 120K up to 250K this year.
This time I'm taking profits.
I've taken some in the past but never enough and never in time when the crash happens. Every bull market people say it's different and that it will last forever but every time there has been black swan event that killed momentum and then killed the prices.
If I had been less greedy I would be in a lot better position now for the next big bull market. This time I'm going to be slowly selling out a percentage of my tokens and moving them to stables with a steady return.
Even if we don't crash it's no harm to have a hedge against it and especially with Hive we never know what way the price is going to go. It could get up to $5 or drop back to 25c depending on the wider markets and what is happening within the community.
If the markets go high enough this year we could all get up to big numbers in our accounts but it's all for nothing if we don't bank some of it and build towards monetary freedom.
$200K HBD in savings pays out 30K a year in interest. That is a lot of money in most countries and enough to live off even here where it's quite expensive. Those aren't crazy numbers to talk about if HIVE, LEO, SPS all catch a run and go 10x. Small in crypto terms but the whole eco-system would be boosted.
It would be nice to play the markets right for once but very few people manage it. With that said, half the fun is trying to beat the game even if you never do.
Posted Using INLEO