How High Can Bitcoin Go Now That It's Hit Its All-Time High?
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- เผยแพร่เมื่อ 19 พ.ค. 2024
- Mike Belshe, the CEO and founder of BitGo, joins "Forbes Talks," to discuss Bitcoin's price action following its new all time high.
0:00 Introduction
0:17 Bitcoin's New Record Worth
2:21 Mike Explains The Upside Potential Of This
3:52 Who Are Bitcoin's Key Investors?
5:16 What Are The Risks Of Investing In Crypto/Bitcoin?
7:20 Mike Belshe Explains The Draw Of A Different Monetary System
9:10 Why Now? Is Bitcoin The Future?
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I'm admittedly bummed that I didn't go with my gut instinct & buy bitcoin few months back when it was $20k - $25k range. is it too late to get in and make profits? i have set aside $450k to get fully invested this year
I don't think it is. Once bitcoin crosses it's all time high, it becomes the new bottom. Anything under 69k is a good buy. It's still advisable to work with a fiduciary advisor instead of relying solely on speculations
The only issue you might have is the fear of missing out, just like everyone else. A good number of people discredit the effectiveness of financial advisors in exploring new market opportunities, but over the past 5years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $1million in gains… might not be a lot but i'm financially secure.
@@emmaarmandoMy partner’s been considering going the same route, could you share more info please on the advisor that guides you?
"Gertrude Margaret Quinto" is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market
nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?
ANGELA LYNN SCHILLING' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Tech Safe Guardian.
how do i reach them
Tech Safe Guardian
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals
i wrote them
was able to find dem on goggle
FOMO about to go crazy
that's where wise people take profit before its too late
Don't think I'll get over the fact I did not buy bitcoin when i had the chance. Looking to buy now though but will there be any other decline in the price of bitcoin this year? How long will the market be bullish? I have about $120k to spread across the market, but i just have a ton of questions to be honest
Predicting short-term market movements is extremely difficult in reality. It also essentially requires the investor to be right twice: they must perfectly time both their entrance to and exit from the market.
You can start by dollar-cost averaging instead of buying a lump sum at once. Also, consult a fiduciary with crypto expertise for informed buying and selling decisions since talks of a bitcoin ETF approval. Time in the market is more valuable than timing it. Using this approach, I grew my crypto holdings from $50k in 2017 to $690k in 2023.
Amazing! I hope it's okay to inquire if you're still collaborating with the same fiduciary and how I can get in touch with them?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Carol Vivian Constable” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
I see Bitcoin as a revolutionary move in finance. Bought a lot in October, recently sold $160,000 worth for cash. If you missed this, listening to bad news all year cost you some incredible profits.
well the crypto market is expected to do way better than any other equity sectors this 2024 especially with the SEC crypto ETF approval but it’s a volatile market nevertheless and if you’re new to it, it’s best to reach out to an experienced adviser for proper guidance.
Yes, my asset manager advised I spread further into mutual funds and crypto Etf and boy am I glad I did. The whole idea is: Don’t get too greedy and also to exit at the right time, so generally I do find having an adviser very helpful, because what Avg. Joe really has time to watch and comprehensively analyze the market?
Heather Ann Christensen is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment
Why would you sell before the halving?
BS
I'll save you 11 minutes: host plays a game of "interview like I'm five" and doesn't answer the question posed in the video title. 🙄
2:24 "the upside potential of it is basically unbounded" pay attention
She’s annoying af, the dude is solid
Lately i got interested in crypto but has no idea on how to go about it. How does it work please
As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by Fergus waylen a widely known crypto consultant
His stop calls have saved me from potential losses more times than I can count. Waylen's risk management strategies are truly effective
A major distinction between winning and losing is using the right strategy and of course with signals like those of Fergus Waylen, profit is assured.
The fact that i got to learn and earn from his program is everything to me. think about it, it's a win win for both ways..
He often interacts on facebook , using the user name
Don't trust Forbes anything. They praised FTX and Sam Bankrun Fried as most inteligent person that made his fortune honestly. He had cover with Forbes.
@@SUPERCARJON And his parents. The professors of LAW for raising such a SCAMMER .
Absolutely....I am not a conspiracy theorist, but Forbes, CNBC, et al have been pumping crypto for months, seldom having guests on with no commercial interest in crypto. It's just plain bad, and will cost the uninformed crypto community billions.
🥺
agreed, 100%....Forbes, CNBC, et al have been promoting crypto for months, and their guests are always guys with commercial interests in crypto, never unbiased experts. I generally don't believe conspiracy theories but most the media has pro-crypto people only....just a few skeptics.
That's the beauty of Bitcoin. There's no more need for thrusting anyone
What are the best additions to a $500k portfolio to boost performance?. ETH is Up and will do better, I believe as indicators for profits continue to improve, investors like me believe that “Santa has come early” to the markets...
I think you're better off with majority investment in bitcoin and uprising equities cos they always outperform. Alternatively speaking to a certified market strategist can help with pointers on which to acquire
wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisor please, if you don’t mind me asking? in dire need of asset allocation
(Rosa Barnard Investment Advisor) is the licensed advisor I use. Just copy everything in the bracket and research. You'd find necessary details to work with to set up an appointment.
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals.
Your video serves as a calming beacon, particularly when financial markets are in tumult. Your analysis offers a prudent course of action, fitting seamlessly with the current stage of the economic cycle. Nonetheless, one cannot overlook the expanding mainstream adoption of cryptocurrencies since 2019, as well as the fervent discourse surrounding prospective Bitcoin and Ethereum ETFs. Might these elements sustain the market in this particular cycle? Speculation abounds that we are on the verge of a significant market upswing, making this a moment of great import for any discerning investor. My own portfolio, enriched by 34 bitcoins in a mere seven-week interval, serves as a compelling testament to Linda Wilburn financial wisdom.
She's often interacts on Telegrams, using the user-name.
@Lindawilburn
I appreciate the professionalism and dedication of the team behind Linda’s trade signal service.
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary.
Linda Wilburn strategy has normalized winning trades for me and it’s a huge milestone for me looking back to how it all started.
“The institutional money has yet to come”
The smart money will never be tricked into bitcoin.
@@pyotrberia9741 sorry to hear about your ignorance
@@LfunkeyA, Problem now is that so many people have lost money on crypto scams that there are very few "enlightened" investors left to keep this system going.
turn up the volume Forbes
Thanks for the info!
Can the reporter ask decent questions?
No. She doesn't know enough to ask good questions.
Fiat has infinite supply and has a terminal value of zero
Bitcoin has finite supply and will have a terminal value of infinity
Fiat is done .. 209 countries going to a gold backed system.. Most of these countries are joining BRICS which is no longer using the fiat US dollar... The US will also no longer be using the fiat dollar... BTC is not backed by anything
CRYpto has been used in human trafficking and other crimes against humanity violating EO13818
@@bikerchic7938 Gold backed system controlled by central bankers,governmments to never has sustancial gains. Excellent.
BTC has not top because Fiat has not bottom
Both run on speculations but Bitcion is safer because of its limited supply.
Ready for space camp, cadets?
So are you not going to give your opinion on the title of the video?
Normies are still in shock, still early guys.
Don't know what's more satisfying... Her silky voice or the correct use of apostrophes in the video title!
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Elizabeth Wesley.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
I'm new at this, please how can I reach her?
she's mostly on Telegrams, with the user name.
Wesley215 💯
200k-500k soon
I dont get why would anyone sell Bitcoin now with the halving coming up in April and hundreds of millions of non stop ETF inflows everyday
I don’t know why anyone would sell it ever. Apparently, people don’t see how this is all going to play out over the next ten years as the dollar implodes.
They're saying a correction is necessary but i don't know that that means.
@@beepboopgpt1439 It isn’t necessary. It’s just something people invented. A “healthy correction”. It’s just an invented made-up thing.
Fed to allow emergency bank lending program to expire on March 11...All banks are broke including the FED which was seized via EO 13818...No more bailouts for banks as we are going to a gold backed quantum financial system that will use starlink satellites for every financial transaction on earth.. The deep state has been out...
When would you sell bitcoin?
The title is not mentioned in the vid, no mention of how high bitcoin can go, click bait title bullsh*t
Anchor's voice is very smooth and balanced!
Send it!
0:18 I had to check and double check my Slack LOL
Thanks for the continuous updates👍 all we need is the right advice on how to invest in crypto and we’ll be set for life . Grateful to be making over thousands of dollars every week
You trade also?, I tried trading after watching some videos on TH-cam but still keep making losses, how do you trade on your own?
A lot of people still make massive profit from the crypto market, all you really need is a relevant information and some professional advice. It's totally inappropriate for investors to hang on while suffering from dip during significant market falls.
No I don't trade on my own anymore, I always require help and assistance
From my personal advisor
MICHAEL ALLEN
This sounds so good and I would like to be a party to this, Is there any way I can speak with him?
FinTech posting up their Michael Sailor look alike pumping Bitcoin. Let’s go!!!!!!😂
Fiat money used to be backed by gold but thanks to greed they are not anymore, maybe still in other countries....😅
Forbes: Sorry that we didn't provide enough lighting system for our girl.
To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Tech Safe Guardian focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.
Yeah we’ll have a number of international currencies for most things. No single country.
BTC has no top when priced in fiat because fiat has no bottom.
cutting edge technology/ mo,rail out,rage
Rosemarie your voice is so calming and smile, so sweet, have you ever thought about making a relaxation TH-cam much like some of the meditation videos I’ve heard
The super calm lady. Nice. If you ever get stressed out, just put on one of her podcasts and you'll be fine in a few seconds. This lady could neutralize World War 3.
When media outlets choose a clickbaity title, then don’t actually answer the question it poses in the video 🙄
Buy high, sell low!
Bitcoin is Gold 2.0! #BTC #Bitcoin
Await the explosive arrival of Block Sailor BLOCK-it's going to be unforgettable!
Market has been heavily manipulated, invest with caution!
SBF on the front cover of Forbes - remember that one?
Moon 🌙
Remember the cardinal rule...sell high...
Bitcoin has no top though
Two words HIGH DEMAND
It went down right after the ATH.
natural resistance, it will smash through soon enough
Completly normal, many sell orders at the ATH resistance. It's healthy for a higher rise
It never hit the ATH this cycle. It was about $400 away, or something like that. The exchange you're using likely has a large spread, but the official price of BTC only hit 68.8k. The ATH is still $69,225 which was back in 2021.
@@PowerofRock24 tell that to all the online articles that were written today claiming All Time High . i wonder if that makes more of a difference to the average person than what you're claiming.
@@PowerofRock24There is no “official” all time high. If anything… the “official” all time high would be from the exchange with the largest volume. That would be binance. And it did in fact just touch the all-time high on binance.
Btc can go high cause the printer goes brrrrrrrrrr
Why 2/3% I do 100% for the past 7 years
I need to buy bitcoin asap
JUST DO IT! Don't let your memes be dreams. It will NEVER be this cheap again.
Ironically, Bitcoin might be the safest investment right now. And it is so cheap because most people haven‘t noticed yet.
Refreshingly unique. Thx Mike
the ride up is already complete, anyone who enters now is exit liquidity
🎉
Thanks for your assessment, Mike!
Bitcoin is backed by proof of work. Which is energy and the human labour, and the the transparency of the protocol. The other thing backing bitcoin is its decentralised so no individuals can corrupt it. Everyone will ultimately want some.
Well said
The title says - how high can btc go but the video dies not discuss that aspect
Omg!! Bitcoin has reached a new all-time high 😳
$PEPE and $BTC is all I hold
I was homeless, I had nothing to offer, always sleeping on the street, until Jesus sent me a friend who helped me... I got a job & was managing till I melt a friend who helped me introduce me to Sharon Brian... She changed my life and now I have a home, a wife, a lovely daughter and a new identity... HALLELUJAH
as high as people wants it to go. come on don’t tell me those who didn’t buy when it was at 6k+ don’t feel nothing when they look at btc price now. it basically 6k turning into 60k and by just holding.
Satoshi is known. It's Craig S. Wright. BSV is Bitcoin
Nobody:
Random bots in the comments: OMG IM SO THANKFUL TO @person
She has a great smile. She has plenty of btc i think hehe
It's time. Send it.
He’s wrong … I can’t believe he said that ! This is 100% institutional ETF money. Retail is just barely re emerging from the last cycle.
Retail are FOMO buy again 😊
1 million a coin😮
I agree, but not until 2025. This year probably won’t see more than $500,000 in 2024.
It will be $1M Austrian or Canadian by 2025 and $1M USD by this time next year.
@@fakename8856I would say it is impossible to know. There could be a tipping point at any moment where the entire world just starts dumping their treasuries for bitcoin and the dollar unravels. If this happened, $1,000,000 would be chump change. And this could happen tomorrow.
This is why people would be extremely wise to stop playing the cycle game and just hold onto their bitcoin. At this point in the game, trying to sell the top and get in cheaper could backfire tremendously.
I think the conversation about what its back by is easy.
Bitcoin is backed by WORK.
Miners purchase computers to process blocks
Miners need to purchase electricity
100,000 individual nodes are running to keep the Chain from 51% attack
So whats backing BTC?
Hard physical assets and Fiat.
Whats backing Fiat?
A promise a promise that gets threatened by the house of representatives every 6 to 8 weeks:)
hard physical assets = burning energy for no good reason? Image if a government would back fiat money by setting 50 ton liter of oil on fire every day, just to back it up by "work".
I did not realize bitcoin still existed. I would be amazed if any new investors could be convinced to jump in at this late stage.
it probably still has at least 100 x in it.
@@paulinthailand, Why only 100x? There is no logical reason one bitcoin could not be worth 50 or 60 trillion dollars.
@@pyotrberia9741 maybe time to educate yourself, youtube is a big place. maybe you could become a millionaire
Which Crypto will break ALL Time High next ETH, SOL, GRT or maybe LINK❓ HODL because things are about to 🚀💥✨💫⭐
ETH and SOL are very promising this cycle. There is also the rumored Ethereum ETF coming.
Bitcoin and Filecoin have a massive decade ahead.
It will skyrocket for a while but without being able to use it as a currency it’s gonna drop again after the news dies down.
Then back to a steady growth. Probably down at 20-30 or so
I will be buying the top forever. THERE IS NO SECOND BEST TO BITCOIN. Will go much higher from here especially after the halving
What are the best additions to a $500k portfolio to boost performance? S&P 500 is Up as well as bitcoins and will do better in march 2024, I believe as indicators for profits continue to improve, investors like me believe that “Santa has come early” to the markets..
I think you're better off with majority investment in S&P500 and uprising equities cos they always outperform. Alternatively speaking to a certified market strategist can help with pointers on which to acquire
wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisr please, if you don’t mind me asking? in dire need of asset allocation
ashley airagahi is the licensed advisor I use. Just research the name. You'd find necessary details to work with to set up an appointment..
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals
I wouldn’t put my money on the sp 500 . To slow .
You guys don't know what's going on behind scenes.
Whats going on behind the scenes?
Bitcoin will go to about $700,000 because of the Halving Event 🤓.
1 dollar
500k
Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.
If quantum computing is a threat to anything, it will be everything, but bitcoin bitcoin will be the last thing they will attack.
1,000,000,000 (Austin Powers, Dr. evil voice)
Scarcity,....a bitcoin is a bitcoin, is a bitcoin. In 2013 you could buy a bitcoin with $111 USD, today you can buy a bitcoin with $67,000 USD. The fiat has gone down in value.
Ppl worried about quantum tech when really if that happens all the nukes are going off
Exactly, any disaster which takes out bitcoin is taking out all of civilization in general. And in that situation, even the value of gold goes to zero. The only currency will be bullets. Bitcoin and bullets… that is all you need in this world.
I have about 5% of my portifolio in AAPL stock, any advice on any other that I can grow my $200 k capital to a million dollars???
I have heard a lot of wonderful things about Andras Bohm on the news but didn't believe it until now..
I'm willing to make consultations to improve my situation. What is the most reliable medium to reach him please?
his website appeared right away, You've saved me several hours of research, I appreciate it.
I'm Andras Bohm and if you have plenty of bucks to be thrown out of the window, ask me instead of educating yourself
As high as the moon.
Bitcoin, Ethereum, Cardano, Polkadot und Ripple.
Kaufen und schlafen 😴.
Get rich !!
I don't know why google won't stop crypto scam ads
BLM BLM BLM BLM
Money is backed by the labor, labor is backed by people born- birth certificate. That's why they put your name in all capital.
69,202 was the high.
On which exchange?
$BTC 3x
$NEAR 15x
$XLM 15x
$VCORE 60x
$LUNC 20x
Bitcoin has no too because fiat currency has no bottom.
Fiat currency is backed by the issuing government. It’s not backed by nothing.
Black lady sounds like MJ
lol
Clickbait title doesn't get answered
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
SHIBA INU BABY!
I love btc but how can u say ur Max downside is 2-3%. That's wrong. The Max downside is 100%
Dollars will never be profits for your satoshis. Educated investors acquire bitcoin to get away from dollars, not gain more 😉
Lol, and we haven't even hit the halving yet. Hahaha man, these hedge funds and institutions know how to pump crypto. As someone who has been in Crypto since 2011, I was expecting bitcoin to max out at $210,000 conservatively. Though now I think it will max out at $310,000 conservatively. Aye more gains for me, though. Crazy how banks used to fight us even close our bank accounts for owning crypto, now they are pumping crypto.
its just shows how truly rotten the financial world is... they go and yolo millions of peoples money into a literal ponzischeme.