What is the Future of Bitcoin?
It's been a long and bumpy ride the last year with Crypto, and even Bitcoin alone has seen some wild shifts in price. With the community being split between what they want best for the network, and the ridiculous high transaction fees that have only recently been going down, where is Bitcoin headed to next?
With most people HODLing Bitcoin for the long term, some people, sometimes myself included, get impatient and try to make quick profit. I believe Bitcoin has only just recently been put into "the mainstream", which was in largely in part because of the large news outlets and networks such as CNBC that continued to cover the Cryptocurrency during its biggest bull run. Following this run, the NYSE and CBOE got involved by adding trading options on Bitcoin, and ever since then, YouTubers, pop stars, and many other people have showed their love for Cryptocurrency.
Me personally, I own Bitcoin. Like anything, and like most people, I'm going to advise you to do your due diligence, and strategically plan for downs and changes in the market if you do decide to invest in any Crypto, including Bitcoin. I am not a financial adviser, but I do have money in Bitcoin.
As for the future price of Bitcoin, I am pretty bullish. Recently big banks and other figures have mentioned how Crypto is really threatening big banks, and I have to agree, especially when there are beautiful projects such as Ripple and Stellar, and other fast privacy coins like Monero.
If you do invest into crypto, I'd love to hear about it! Feel free to drop a comment down below, and if you'd like me to review a project or anything else, I'd be happy to.