I was writing a Book about the future of human being in where I suggested that we would download our brains into computers and we will be able to live in a virtual world. Two problems have remained unsolved for me until I get to know cryptocurrencies.
First of all, What Is going to be the Native Gold of the virtual world, and what will demand and supply be based on?
Moreover, the second problem was about centralized power:
What kind of authority will govern that new world?
How I get to know Bitcoin
In 2013, one of my closest friends introduced Bitcoin and Blockchain. From the first moment, I knew this was the solution I was always looking for.
I knew this was going to be the Gold of the future, and the ideas inspired by Blockchain could solve significant problems through decentralizing the power.
I predict, by 2029, Half of the whole world money in circulation will be Transferred into the form of cryptocurrency. It may be unbelievable, but remember that 10 years ago the Bitcoin price was only 6 cents and now it is $5000.
The most Bitcoin fundamental news is bitcoin halving. The halving occurs every four years which inflation rate of bitcoin is decreased by half.
My Bitcoin Price Prediction
My prediction for bitcoin price is as below:
At the end of 2019, the price will be at least $7000 to $9000
At the end of 2020, the price will be around $20000
Moreover, at the end of 2021, the price will be between $200K to $300K
A New Revolution
I believe that cryptocurrency is the reinvention of money, and we are on the path to replace fiat, but few reasons like financial crises, price increase and reduced volatility of cryptocurrencies will accelerate this replacement.
Actually, paradise is coming. An apple is a gift from God, but you receive it by Gardner’s hand, human’s hand. Heaven is a gift from God. How do you know God will not give that gift with human’s hand?
Paradise is an inevitable destiny of human and We are going to build it ourselves.
Simple Tips for Entering Crypto Market
Finally, my golden suggestions for people who would like to enter this field is as below:
1- Please do not enter the crypto market without enough study.
2- Please do not put your all eggs in one basket, I mean invest maximum 20 to 30 % of your capital to this market not all of them.
3- Exchanges are only for exchanging assets. Do not use them as wallets. A lot of valid and famous Exchanges had been hacked or went bankrupted. So please, please Keep your valuable Digital Assets on your software or hardware offline wallets, and make sure you have several back-ups of your own private keys.
4- If you don’t have enough experience, use the advice of professionals in this sector.