Bitcoin up 500% in one year,
had a little hiccup this past week reducing $500 when it was at $3k meaning that it would have been up 600%, good thing this correction happened, nothing can go up forever, but take advantage of those down turns. Now with the internet in India, there will a 25% increase in internet users from India in the next five years with quarter of a billion people coming into the internet and the thing is in India they just past a law to remove paper currency and going into electronic currency. I bet a lot of those Indian users will go into crypto currencies like bitcoin to avoid the hard Indian taxes, that's why they removed paper currency there, to rid itself of its black market where the gov lost so many tax revenues. This will also skyrocket because of the soon to be market correction, people will go into the five g's and crypto currency, meaning bitcoin is only in it's developing stages, if it became a regularly used currency, which i expect, one bitcoin will be well worth over a million each. Plus with every bitcoin mined, it becomes harder and harder to mine them, so in 100 years when bitcoin is expected to be fully mined, one miner will earn .000015 in bitcoin when mining in 90 years from now. This is not financial advice and should not be taken as such, If you recommend any changes to this post, please reply and correct me. :)
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The India news is big for sure
It's so hard to predict the crypto market - if Bitcoin stays slow with large transaction fees another could take over. The key is to hold a bit of all the juicy coins:-p