Could This Be the Last Time Bitcoin Is At $10000?

I believe this will be the last time Bitcoin will ever be available at these prices.

If you have any interest at all in Bitcoin, NOW is when you need to be buying. 

I’ve been recommending people to buy Bitcoin for the last 5 years now, since 2015, but only now, you will need about $10K to buy 1 Bitcoin from here on out.

Back in 2015, the average price was around $250. 

Over the last 5 years, Bitcoin has appreciated by over 1500%!

The Best Way to Buy Bitcoin Regardless of Price

For most people, the best strategy is to dollar cost average into Bitcoin. This means you simply buy what you can afford on a weekly or monthly basis, regardless of where the price is.

I was putting in $200 per month for awhile, or $100 every payday, for example. 

I believe that Bitcoin will be moving over $20,000 in short order once the next bull phase gets underway after this current correction, which could last quite awhile.

UPDATE: After a long consolidation, I believe the correction is over and the next bull phase is currently underway.

$20K is the all time high, and once it surpasses the previous all time high price, all bets are off as to how high it will go. Some say $50K.  Some say $100K.  Still others say $1 Million.

Either way, its going higher. MUCH higher.

Litecoin Even Better Than the Bitcoin Price?

I personally like buying Litecoin because I think it will eventually revert towards a 4-1 ratio with Bitcoin.

Even at 50-1, Litecoin would be $2,000 if Bitcoin reaches $100K.

Also, I need to mention that Bitcoin is now even more scarce because its halving took place in early May 2020.

Litecoin’s halving already took place in August 2019! (See Video Litecoin (LTC) Halving 2019: What Does It Mean?)

“Halving” means that the block reward for miners (computers that perform the transactions and help keep the blockchain secure) will be cut in half.

That means they can only “mine” half as much Bitcoin as before the halving. 

That means Bitcoin will be harder to come by, and this happens around every 4 years. (See Bitcoin halving 2020)

This “halving” is a deflationary event and the supply of Bitcoin is already limited. Can you now see why the price MUST go up?

When prices decide to move back to all time highs, they do so rather quickly.  When this begins, Bitcoin will move over $20K and Litecoin over $400 in short order!

In the inflationary world that we live in, with every country on Earth pumping out, and devaluing, their paper money, I think that average people NEED to buy things like Bitcoin. (My opinion only, not financial advice!)

So I feel the need to attempt to educate as many people as I can about this so they are not caught unaware, when they could have bought at least a little bit of Bitcoin while prices are still fairly low.  They won’t always be this low.

Bitcoin’s Department of Defense