Where is the market for any particular asset headed? Well, that sort of is the sixty-four thousand dollar question now, isn’t it? We would all like to know exactly what the pricing for a certain asset will be at any given moment in time. Unfortunately, we are not really privy to that information in most cases. We have to try to take our best-educated guess about something like a Bitcoin Gold price prediction based on incomplete information. That being said, we do have some ways to sort of determine how things might go. Today, we want to take a look at a solid Bitcoin Gold price prediction for this year, 2020, and 2025.
General Bitcoin Gold Predictions
We are looking at a currency that has some of the most divergent price predictions when you look at different models and points of view. That is to say that no one seems to be able to much agree on what the price of Bitcoin Gold is going to look like in the future. There are some who are pretty optimistic about a steady rise into the future while others worry about this whole thing and believe that Bitcoin Gold is most likely heading for zero. We are going to explore both possibilities for a Bitcoin Gold price prediction model.
Bitcoin Gold Price Predictions For 2018
Right here and now is where you get some differences of opinion. There are some people who honestly believe that this currency is going to end up being retired. They suggest that it is going to go all the way to zero and that you are best bailing out now while you still have the chance. Their argument may come from recent activity in the stock market that has largely squeezed out the gold market in terms of percentage of returns. People are making so much in the stock market that they don’t bother to store any away in gold.
Another option for the remainder of this year is that the currency will indeed come down significantly from where it is now but will manage to sustain its existence. In either of these scenarios, holders of the currency right now will want to bail out of it at the next available opportunity.
These are two of the ways in which Bitcoin Gold could play out for the next six months. What will it look like in the next couple of years?
Bitcoin Gold Price Prediction For 2020
Assuming that the worst case scenario does not come to pass, you could be looking at 2020 as a pretty solid year for returns for those who have held on through 2019. In other words, you really have to be brave during 2019 as this is likely to be a turbulent time for the currency. Many see it hovering between $13 and $20 per coin during that year. However, that is just the lead up to 2020 when it is expected to finally start to reward investors. In 2020 things are likely to get more interesting as Bitcoin Gold could rise to between $30 and $40 per coin or perhaps even more. What is it about this time period that could get so many investors so excited? Well, many are expecting that a general decline in the stock market at this time could be the catalyst.
Imagine for a moment that there is a recession during the period of 2020 in the stock market. It is possible considering the ballooning price to earnings ratios that some stocks are posting at this time. If that does happen, then many are likely to scurry to gold as a safe haven. That could significantly help bolster the price of Bitcoin Gold during this time period. While everyone else is suffering as they watch the decline of their portfolio full of stocks, you could be riding the wave to huge returns in this currency.
Bitcoin Gold Price Prediction For 2025/2030
It is pretty fair to say that no one much expects this currency to be the next Bitcoin in terms of its value. It is also fair to say that the Bitcoin phenomenon is going to be one that is highly difficult to ever replicate at any point in history. However, we can certainly say that there is a chance that this coin doubles in value by this time.
Who is to say where the price of something will be when you are talking about seven to twelve years down the road from now. We don’t know who the President will be at that time, nor do we know who will be at war with who or any other factors that could dramatically impact the value of any given asset. Still, we must try to forecast Bitcoin Gold in terms of its value in those years ahead.
To say that your investment has a decent chance of doubling in value in less than a decade is an accomplishment in itself. You ought to be looking for things like this to put your hard-earned money into. It may be the case that this one is the kind of treasure that you have been looking for this whole time.
Bitcoin Gold Volatility Overview
Believe it or not, this coin probably does not have the same volatility levels that many of the other cryptocurrencies out there do. It is one that is still more volatile than your average investment in say stocks or bonds, but you should expect that. You have to be able to stomach some moves up and down with this kind of investment if you intend to be a serious trader in cryptocurrencies. They are not for the faint of heart, to say the least.
This currency poses a greater than average chance of rising in value in the long run. It may not be the most brilliant thing to purchase this year as people expect the value to fall in the next little bit. Still, you might want to get your hands on it next year as the values should bottom out before starting to rise again in a big way. If you can take advantage of that, then you can make yourself some money.
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