CATHIE WOOD PREDICTED BTC PRICE AT $1.5 MILLION IN 7 YEARS
With $Bitcoin(BTC.CC$ turning in its best January performance since 2013, it’s no surprise that analysts are ratcheting up their price targets for this suddenly hot crypto. Bitcoin was up nearly 40% in January, and that has led to a completely revised outlook for just how high this crypto could fly in coming years. $ARK Innovation ETF(ARKK.US$ Cathie Wood of Ark Invest — known for her previously controversial $1 million price target for Bitcoin — has just ratcheted up her Bitcoin price prediction. She now thinks Bitcoin could skyrocket to $1.48 million by 2030.
ARK forecasted Bitcoin to bounce back from its current lows to eventually be worth $1.48 million by 2030 in a new report published this week, a bullish scenario that would see Bitcoin’s value rising by more than 6,300% in just seven years.
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Jennzzzy : Is there any leads if you are really broke to start in bitcoins or investing?
Jennzzzy : Are there I meant...
_langolier_ : your best choice would probably be BTC ... but I'm not a financial advisor.
The Value Investor Jennzzzy: my recommendation is stop trying to get rich quick and learn how to invest for real. Avoid crypto.
Jennzzzy : Thanks for the responses! I'm not trying to get rich, although I'm liking the idea of diversification $Bitcoin (BTC.CC)$...I am wanting to have a good emergency saving spot, just still not sure how to jump start this off being of not a high income situation(family,friends,etc.) Anyways, any helpful comments would be greatly appreciated! Thanks, Jennifer