I have talked to about 10 people this week regarding Bitcoin, including my boss at work, my landlord, a couple of coworkers, my brothers, a random couple in Walmart, and a few others. I've come to the conclusion that anyone who is reading this is an outlier and is still WICKED EARLY to the game. The majority of these people that I have talked to have heard of it a few times in passing at this point, but NOT ONE OF THEM has invested in it yet and they are almost ALL interested in investing. I've heard reasons such as a lack of understanding, the fear that they are too late to the game, and a general uncertainty and lack of information surrounding it. This says to me in no uncertain terms that this movement has JUST BEGUN and it has SO MUCH ROOM TO GROW!
I was considering not buying more Bitcoin, Ethereum, Steem, and Litecoin at this point, but these conversations have strengthened my conclusion that the claims that Bitcoin will reach $100,000 are not outlandish, not ridiculous, but something that is VERY POSSIBLE and I'm getting to the point where I firmly believe that it is LIKELY that this will happen. I plan to accumulate a diversified amount of each of these coins, as well as Steem, Ripple, and a couple of others that I think have a VERY GOOD chance of skyrocketing at some point. I am in pure accumulation and growth mode for these coins for the next 3 months and will be using a majority of my SPARE money (don't ever invest more than you can afford to lose - don't go homeless or into debt) to invest in these Cryptocurrencies and although I'm not a financial advisor, I would give you an encouraging wink if you asked me what my recommendation is regarding whether or not you should do the same.
2017 was the Second Stage of the Early Adopters Phase. 2018 will be the Third and Final Stage; that's my prediction. By 2019, I believe the level of adoption will have grown exponentially even beyond what it is now, so buckle in for that ride. This market, ecosystem, economy, or whatever you want to call it is a new entity and something that is and will continue to change the world for the next 100 years or more. I hope all of my followers become millionaires; we can have a Steemian Meet And Greet On A Beach, retired, at the end of this journey that we take together! :) I sincerely hope that is the case for all of you and your families!
Love it bro thanks @biddle for constantly updating I can't wait to see how this project goes I really hope the best for Boolean Coin!
Check out my latest 👉 post 👈 where I thank the 1st SteemIt 🐳 🐋 “gods” that gave me my 👉 First 🐳🐋 UpVote. 👈 😉
Stop by & comment on both posts. 😃
#UpVote and #resteem if you'd like.
You're very welcome, my friend! I appreciate the support and encouragement and I'll absolutely take a look at your latest! :)
A #dab to bitcoin my friend! 👌 😂
It's a Gold Rush!!!
Yes indeed!
also increasing my bitcoin wallet amount
Ya Ofcourse within few month before I also don't know about bitcoin, I had heared only somewhere about bitcoin...
I totally agree. Bitcoin is still undervalued. Not many people know about Bitcoin. Can you imagine my friends who happen to be bankers don't even know about bitcoin.
And the market cap of bitcoin hasn't even reached $1 trillion. This just shows there's more room for the price to go even higher.
True! Still untapped potential
Like you, many that I talk to have heard of bitcoin, but don't necessarily know what it is. It is not uncommon to find people that have no knowledge of it, so I agree, we are far from mass adoption, but getting closer everyday. Buy and HODL is a good strategy at this point and NO, it's not too late!
Amen to that! :)
I think a lot of people see bitcoin as just being too risky. I don't really understand it, and in fact, I don't remember how I got here in the first place. People are just afraid that all this crypto stuff is just going to end up being a passing fad, or a scam, and a lot of people are going to end up losing a lot of money investing in it. Only time will tell. It is certainly very interesting, but I think most people see it as just being too risky to invest in.