The Art Of Getting Rich Slow With Crypto – Spirit of Crypto

What about the price of Bitcoin?

I have to make one thing perfectly clear from the beginning. The price of Bitcoin has nothing to do with this setup. At the end of the day, you will earn more when Bitcoin goes up, but that is exactly what it has been doing over the past years.

Having that out of the way, this is exactly one of the great elements of my plan; you get rich slow. This keeps you away from looking at Bitcoins price all the time or getting a heart attack when it drops occasionally with $2000,- in a day. None of that, what a relief. Leave that to the moonboys, the people that bought tons of Bitcoin and want to get rich quick.

Lets have a quick look at how Bitcoin is doing, just for educational purposes.

Bitcoin is slowly but surely resurrecting itself from its consolidating phase and is climbing swiftly and surely to the $10k level. The electronic peer 2 peer decentralized network money just passed a very important resistance level on $8.700,-, showing a very strong upward trend for the months and even years coming.

Most HODLERS, people into bitcoin from the beginning(2000 people hold 40% of bitcoin) estimate that Bitcoin is going to climb due to a variety of events. One of them is the coming halving . According to very solid scarcity models, BTC will most likely be hovering around $55.000,- after the next halving in May 2020.

A further development to watch closely is all developments around the lightning network (payment ring for increasing scalability, speed and security for micropayments, the so-called Satoshis). And what aboutNASDAQ trading Bitcoin Futures and much more stuff heading our way.

I am not even mentioning here a possible coming financial crisis that will make people run with their savings towards a truly decentralized trustless platform. Bitcoins fourth all-time high bull’s race is mathematically predicted somewhere around the end of 2022.