Since Bitcoins is touching new high almost every day, different analyst are coming up with a different view. Ronnie Moas had earlier predicted that Bitcoin will touch $5,000 when it was at $2,600 from then on it has gone 500% and is now at $20000/-, Now he is predicting a new high of $300,000 to $500,000/-.
Tai Lopez, a prominent investor and analyst are predicting that it will reach $60,000/- in the near time almost three times the present value. Many are predicting that at the end of the year 2018 it will show a new high of ten million USD which is 50 times the present value.
The value of the Bitcoin has become around $300 billion and the world 15th most valuable currency. And once the price crosses $50,000/- mark it will have a capitalization of $ one trillion. As more and more people will trade reaching that target will become a reality.
The above story or so called predictions sound mouthwatering but in my opinion we need to control our greed and emotion they may definitely go right in their prediction but there is a huge risk involved in this and small investors will be the biggest looser if there is a crash or a bust.
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