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Abstract

er hand, it predicts a certain cooling in the market shortly after the expected halving in April, followed by a consolidation of the upward movement for some time.</p><p id="d819">That said, it is undeniable that bitcoin has proven to be a high-risk investment throughout its existence, but in 2023 we can consider that this was one of the investments that had the least volatility in the market, even exceeding gains of 130%.</p><p id="74a5">Not only that, the rise of Bitcoin has also influenced the rise of other coins like Ethereum, Dogecoin, etc. We can even say that this was a good year for the crypto market, which managed to breathe and take “fresh air” even in the face of so many scandals, such as <a href="https://edition.cnn.com/business/live-news/ftx-sam-bankman-fried/index.html#:~:text=Sam%20Bankman-Fried%20has%20been%20indicted%20on%20eight%20criminal,and%20was%20arraigned%20in%20a%20Nassau%20court%20Tuesday.">the arrest of FTX CEO Sam Bankman</a> and the gigantic fine of <a href="https://www.investopedia.com/crypto-exchange-binance-charged-with-money-laundering-fined-usd4-3-billion-8405545#:~:text=The%20world%27s%20largest%20cryptocurrency%20exchange%2C%20Binance%2C%20has%20pleaded,and%20agreed%20to%20step%20down%20from%20his%20position.">$4.3 billion that Binance will have to pay</a> to the USA.</p><p id="e58b">Leaving aside all that boring part, I also believe that Bitcoin will have a strong rally in 2024. With so many countries wanting to tax the super-rich, investing in Bitcoin and other cryptocurrencies can be an alternative to evading abusive taxes and keeping your money safe.</p><p id="7b89">So, yes, I think that in 2024 bitcoin will go back up in a crazy way like it always has. I also believe that Ethereum will see significant increases, and maybe, even meme coins will be worth something decent — but this is all just speculation of mine. We won’t be able to see if that’s true until next year, in practice.</p><p id="6de1">Detail: I still think that bitcoin is not the best investment for those who want to get rich, but even so I keep a small capital invested in it because my personal rule is to always keep a diversified portfolio and away from repeated risks. However, I’m not crazy enough to invest everything in BTC and think I’m going to make money overnight, on the contrary, it’s easier for me to run out of a penny like that.</p><p id="a46f">If I were to make a simplistic comparison, I would compare BTC to a casino — The chances of you losing money are much higher than the chances of you winning.</p><p id="1e9c">If you are interested in knowing how I organize my investments, see below

Options

:</p><ul><li>Fixed income: 20%</li><li>Shares: 35%</li><li>International Equities: 15%</li><li>Reits: 20%</li><li>Cryptocurrencies: 10%</li></ul><p id="bf7d">Overall, I’m taking this bull run of Bitcoin and other coins as a kind of game where I plant and wait for the ideal moment to harvest. If by any chance bitcoin reaches its all-time high in 2024, I’ll smile in my pockets, but if it doesn’t, it won’t affect me at all financially.</p><p id="eaa5">That’s why I say, keep your capital diversified and ride the wave of the market whenever an opportunity arises. Ten years will go by the same way whether you invest or not, it all depends on how much you are willing to change your future.</p><p id="8a73">Thanks for reading this far. See you next time!</p><div id="cfe0" class="link-block"> <a href="https://readmedium.com/my-night-adventure-doesnt-like-the-size-of-my-breasts-4c875f19ba40"> <div> <div> <h2>My Night Adventure Doesn’t Like the Size of My Breasts</h2> <div><h3>After all, does breast size really matter to men?</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/0*mmIUUk20lu6OH3RL)"></div> </div> </div> </a> </div><div id="7f70" class="link-block"> <a href="https://readmedium.com/these-are-the-men-women-hate-5ebfe92fbf07"> <div> <div> <h2>These Are the Men Women Hate</h2> <div><h3>Be too nice or a stupid asshole, we hate both extremes</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/1*l0QBqhOGCQdac7CRohs_rQ.png)"></div> </div> </div> </a> </div><div id="543e" class="link-block"> <a href="https://readmedium.com/do-these-poses-and-increase-your-chances-of-cumming-5a74426c8808"> <div> <div> <h2>Do These Poses and Increase Your Chances of Cumming</h2> <div><h3>These positions increase your chances of having an orgasm many times over</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/0*fSuuwSPM-75A0UVg)"></div> </div> </div> </a> </div></article></body>

What if Bitcoin Reached $100K in 2024…

I would definitely get pretty rich from it

You’ll probably be surprised if I tell you that 2023 was Bitcoin’s best year, right? You’ll think I’m crazy and that I don’t know anything about cryptocurrencies and investments — But I’m not just saying this for engagement, because in fact, this was Bitcoin’s best year — and you know what’s cooler? This cryptocurrency expert predicts Bitcoin at $100k in 2024.

Is he crazy or does that make sense? In my point of view, I think that maybe he needs to be Satoshi Nakamoto to get this result right, or to have crystal balls that predict the future — but from this year’s data, yes, it’s possible for something as unbelievable as this to happen and make BitCoin take off once again.

But who the hell is this nut who predicted Bitcoin at this price in 2024?

I’m talking about crypto analyst PlanB, one of the most popular guys in the market, and he projects that bitcoin will continue to rise, based on his own stock-to-flow (S2F) model and technical indicators.

In a YouTube video, he assessed that the crypto will enter an appreciation cycle and could reach $100,000 in 2024.

PlanB bases its projection on an indicator that measures the scarcity of the cryptocurrency. The model predicts levels of price increase based on the assumption that the stock-to-flow ratio increases as the supply of bitcoin decreases and demand remains stable or increases. The analyst cites the profits realized in Bitcoin, especially over the past two months, as a sign of preparation for the bull market. PlanB also calculates that after the next halving, bitcoin could reach as much as $532,000 next year.

In his short-term forecast, the crypto analyst says that the true bull market will start in a maximum of 5 months, and by then, BTC could gain momentum in the $55,000 to $60,000 range.

In addition to the S2F model, PlanB also points to the RSI and 200-week moving average values, indicating that they support Bitcoin’s upward movement. On the other hand, it predicts a certain cooling in the market shortly after the expected halving in April, followed by a consolidation of the upward movement for some time.

That said, it is undeniable that bitcoin has proven to be a high-risk investment throughout its existence, but in 2023 we can consider that this was one of the investments that had the least volatility in the market, even exceeding gains of 130%.

Not only that, the rise of Bitcoin has also influenced the rise of other coins like Ethereum, Dogecoin, etc. We can even say that this was a good year for the crypto market, which managed to breathe and take “fresh air” even in the face of so many scandals, such as the arrest of FTX CEO Sam Bankman and the gigantic fine of $4.3 billion that Binance will have to pay to the USA.

Leaving aside all that boring part, I also believe that Bitcoin will have a strong rally in 2024. With so many countries wanting to tax the super-rich, investing in Bitcoin and other cryptocurrencies can be an alternative to evading abusive taxes and keeping your money safe.

So, yes, I think that in 2024 bitcoin will go back up in a crazy way like it always has. I also believe that Ethereum will see significant increases, and maybe, even meme coins will be worth something decent — but this is all just speculation of mine. We won’t be able to see if that’s true until next year, in practice.

Detail: I still think that bitcoin is not the best investment for those who want to get rich, but even so I keep a small capital invested in it because my personal rule is to always keep a diversified portfolio and away from repeated risks. However, I’m not crazy enough to invest everything in BTC and think I’m going to make money overnight, on the contrary, it’s easier for me to run out of a penny like that.

If I were to make a simplistic comparison, I would compare BTC to a casino — The chances of you losing money are much higher than the chances of you winning.

If you are interested in knowing how I organize my investments, see below:

Fixed income: 20%
Shares: 35%
International Equities: 15%
Reits: 20%
Cryptocurrencies: 10%

Overall, I’m taking this bull run of Bitcoin and other coins as a kind of game where I plant and wait for the ideal moment to harvest. If by any chance bitcoin reaches its all-time high in 2024, I’ll smile in my pockets, but if it doesn’t, it won’t affect me at all financially.

That’s why I say, keep your capital diversified and ride the wave of the market whenever an opportunity arises. Ten years will go by the same way whether you invest or not, it all depends on how much you are willing to change your future.