A LIMITED AMOUNT OF CHEAP BTC IS AVAILABLE

No one is very enthused at the moment because it is a new cycle and many are still skeptical. Sadly, the majority of users merely return to purchase Bitcoin at the most recent record high. The rules are set by others; I don't make them. I think that present Bitcoin prices won't hold. For most individuals, the chance to purchase an altcoin has already closed. Today's price of a Bitcoin was $30,000; few people have that much money available to purchase one. It's possible that you don't still have Bitcoin even if you've been hoarding for a few years while working a regular job. The time is running out for everyone else, especially those who may have a little more money, since once Bitcoin is worth $100,000 per coin, only a very tiny number of individuals may be able to purchase one complete coin.

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I wish that I had purchased Bitcoin for less than $30,000 because 18 months later, when it is trading at a new all-time high, your friends and family are even contacting you, and you are so fortunate. Although they could have, they didn't call you when the price of Bitcoin was below $30,000. Though I do think that this time is running out for inexpensive Bitcoin. At this time, the Bitcoin halving will occur in a little under a year. Historically, the Bitcoin halving has caused prices to substantially soar. This year, I'd love to be utterly astonished and see a new record high. We'll see whether history is slightly altered, since I am aware that some experts are advocating for such. At some point, the cost of one Bitcoin will rise to such an absurd level that it will be next to impossible for the typical person to purchase one. You'll still be able to play that game and purchase houses and other wonderful things with loans, but it's unlikely that you'll be able to buy one Bitcoin with a loan.

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You need to understand where we are in the process because we are seeing a situation where just 7.5 percent of the Bitcoin is left to be mined yet we still don't have a BlackRock Bitcoin ETF. Officially, 92.5 percent of the Bitcoin has been mined, leaving only 7.5 to be mined. There isn't a single Bitcoin ETF trading on American marketplaces at the moment. Hong Kong is only now beginning to open up, which of course opens up the entire Chinese mainland. Beijing has given its blessing to what is occurring in Hong Kong. Since there are only little more than 2 million Bitcoin now available on exchanges, it is not taking place in a vacuum. Currently, there is 7.5% of the overall supply that needs to be mined; the majority of that will be done so in the next 15 years, leaving us with 0.5 of the whole supply that needs to be mined during a 100-year period. We are in the midst of a really dynamic period with increased demand from businesses, state actors, financial institutions, and everyday citizens.