RE: Now We're HIVE Rich - What will one do with ones HIVE fortune?
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Greetings @spinvest ,
Thank you for this post...what a plan.
My thought is that your BTC estimate should be a bit more conservative...under 120K and you are right it will have a big correction...you have a good estimate there.
Yes...Leo!
Cheers!
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Thanks for checking the post out and leaving a comment.
You dont think we will 1 BTC equal to under 120k HIVE again? Is that correct?
Greetings @spinvest Thank you for your kind reply.
""Just throwing numbers out but if BTC moons to $150k this cycle, we can expect it to drop 65% next bear cycle. We target $50k BTC and buy 2-4 BTC for $100-200k. This would mean we'll at least double our BTC position from the start of this trade."" ----from your post.
The above is, what was being referred to, especially the number $150K this cycle. If by cycle you mean years end....I have seen it predicted $117k by year's end and that was conservative...From a trader who has been quite accurate yet conservative....so $150K could be right.
He is also predicting quite a big drop...which is what prompted me to write a note.
I can provide links if you would like.
Wishing your project all the best!
Cheers!