Bitcoin Wealth & Cyberized Dreams, Part 2 – The Update

What is the Best Use of my $1400 Stimulus Check???

Past

In mid-November 2020, Bitcoin shot past $18,000. By December 28th, 2020 Bitcoin hit nearly $28,000 (see below). We did our best to share the prospects.

Present

Oh, my that seems so long ago… Particularly, as this morning we skipped, if momentarily over the $60k mark!

So basically, all it’s done is double in value! And we here at BCB Cyber are more excited than ever and are back to share again. A lot of what follows was what we wrote back in December, but is still just as relevant and we felt, needed to be said again. In crypto we trust, and in bitcoin, there is a unique opportunity set before us.

Many Americans are set to receive now a third stimulus check of $1400. As we have all suffered under the weight of a terrible pandemic, much is uncertain for all of us. Above all else, we entreat everyone to protect themselves and make the wisest use of the money in their unique situations that help take care of their individual needs. However, if those needs are already met, we should all be thinking about the opportunity to develop our financial well-being so that our needs in the future are maintained as well.

All that being said $1400 doesn’t get us very far. Let the world sit and criticize each other. We, cyberized individuals, are working and building our future. We should be working on doing our homework and taking care of business for ourselves. For, in the end, the responsibility is on each one of us as individuals. Bitcoin is worth a look!

So now we get down to business. Throughout the month of March, we are covering three stocks that can help on our tech-fueled wealth dreams as well. Be sure to check these out along with your homework on Bitcoin and Cryptocurrencies.

In just two days we’ll begin covering these stocks in earnest. If you want to know where to start your homework join us as we provide a great review to start from. And this week that means a growth stock critical analysis on Palantir.

Future

In the meantime, something truly unique is going on. Bitcoin is creating immense value for the faithful again.

One of the experts at a leading global bank, that being Citibank’s Tom Fitzpatrick, has predicted that by the end of 2021 bitcoin would peak at $318,000. For bitcoin to do that, it would need to reach a multiple of approximately 5.3 times the break over $60k.

Now for the magic, if we invested our $1400 at our new high and Bitcoin does peak at such a level in 2021, we would all have a balance of approximately $7,420. That’s over $7K! I’ll bet that would help out our individual finances a great deal. And the best part, there are estimates that place the opportunity much higher!

Even if Bitcoin performs only half as well as that prediction it would still represent nearly $3500. Still, far better than that $1400; over double again. And finally, even if it floats around current levels the future is bright as some of the more respectable names in the field have stated their belief that Bitcoin will even go to $1,000,000 (see vid below). That would turn our $1400 into over $23,300.

Thanks to Paul G. Potts

So, if we believe that Bitcoin is a true store of value, represents the digital future that is now, and offers a simple opportunity to join a worldwide financial revolution of decentralized finance, it’s time for us to take action. Bitcoin HODLing is definitely for us! We know it is for BCB Cyber at least! Best wishes to all and look forward to seeing everyone back here next Monday for some great new stock picks!