Questions I have been getting
I have had several people DM me some questions about crypto the last few days so I thought it may be helpful to post them here. Q: How high will Bitcoin go? A: Just like the weather, I don't know what the hottest temperature of the year will be, but I do know it's coming during the summer. We are just getting started in the summer season of Bitcoin. Projections range anywhere from $180k to $500k sometime in the next 12 months. Most likely it will be somewhere between those two numbers. Q: Should I buy? A: Should you? All up to you and your risk tolerance, goals, and timeline. Whatever you do you should absolutely have a plan. Just throwing money in with no plan is gambling. Plant a trade and trade your plan. Q: What other coins should I buy? A: All depends on the same things. Risk tolerance, goals, and timeline. This cycle I expect the vast majority of money will flow into ai, game, and memecoins. But not all of them. MOST coins will not outperform Bitcoin, and therefor people are better off just getting into Bitcoin Q: But what are some coins outperforming Bitcoin? A: SUPER, PEPE, DOGE are three basic ones people can have access to on Coinbase Q: What about the ones that 1,000x in a few days. A: Those are very risky memecoins that you need to be willing to learn how to self custody and buy on a decentralized exchange. I have been telling people that everyone should at a minimum learn the very basics of how a market and market cycles work before they go and trade. Some people can't afford this group, or don't want to join and that is fine. BUT I want to spare them the pain of losing their money because they don't understand how the game works. IF you have any friends or family that are wanting to FOMO into the market let them know about us, or tell them to take a basic trading course to learn what they are getting into. Otherwise it is generally better for them to just get a financial advisor.