The Wolf Of All Streets Bitcoin To Hit $180K In The Next 3 Months
Dec 26, 2024
Mike Alfred, a seasoned crypto investor and market analyst, shares his bold prediction that Bitcoin will surge to $180K by March 2024. He dives into the cyclical nature of the crypto market while discussing the importance of risk management and investment strategies like dollar cost averaging. The conversation also highlights critical price points for Bitcoin and the dynamics between crypto and traditional markets, all while providing insights into altcoin performance and market sentiment during the holiday season.
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Expensive Wine
- Mike Alfred bought expensive wines like Screaming Eagle and Harlan Estate.
- He prefers to enjoy them rather than show them off, comparing them to other wines like Insignia.
Lack of Euphoria
- Public interest in Bitcoin is currently low, suggesting the bull market is not over.
- Significant price increases happen when the general public becomes interested.
Taking Profits
- Take profits as your investments rise; don't wait to sell at the absolute top.
- Rebalance by selling portions to reduce risk as the potential reward decreases.