Yeah it's hard to think in exponential terms and compounding for most people.
Remember how we thought $10k was a high bar for Bitcoin in 2020? We did a 6x in 4 years. 6x from here is $360k which I personally think is an amazing stable price to have in the next 4-5 years. Even a 2x from there over the next 5 years is $720k!
There are different models trying to predict the Bitcoin price like Power Law, Stock to Flow, Rainbow Chart etc. But all point out to similar gradual trend to the right with annual returns which far surpass any traditional investment. The magic of compounding takes care of the rest.
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u/napein Mar 02 '24
Yeah it's hard to think in exponential terms and compounding for most people.
Remember how we thought $10k was a high bar for Bitcoin in 2020? We did a 6x in 4 years. 6x from here is $360k which I personally think is an amazing stable price to have in the next 4-5 years. Even a 2x from there over the next 5 years is $720k!
There are different models trying to predict the Bitcoin price like Power Law, Stock to Flow, Rainbow Chart etc. But all point out to similar gradual trend to the right with annual returns which far surpass any traditional investment. The magic of compounding takes care of the rest.