Hackernoon logoBitcoin is Less Risky at $35,000 Than at $65,000 by@MarkHelfman

Bitcoin is Less Risky at $35,000 Than at $65,000

Bitcoin's price is the lowest it’s been since January. The same altcoin that boomed 20x over a few months can drop 95%. China can ban crypto at any time, and any country can ban it from any time. When bitcoin hits $100,000, you will almost triple your investment. If you wait for its price to get back to $65,000 you will barely do better than a 50% gain. At $35k, you can’t force yourself to buy at $35,000. At that point, $100k bitcoin gets more realistic it did in any time this year.
Mark Hacker Noon profile picture


Editor, Crypto is Easy newsletter. #1 writer, Medium. Bitcoin author, analyst, commentator.


Join Hacker Noon

Create your free account to unlock your custom reading experience.