Bitcoin is a Phoenix Currency
Bitcoin is a Phoenix Currency

By Thomas Wolf | wickedthewolf | 20 Mar 2020

Bitcoin has been gradually going back up in price at a fairly fast pace since the crash.  This shows some serious flex given the circumstances with the coronavirus pandemic and the economy being in the trash.

For investors, the question is often - when do I pull?

For HODL'ers, well, you know.

Regardless, one wants to know what their money potentially will be worth.  I've taken a look at the market and I'm hopeful that it will make a complete recovery from the crash price and after other markets are stabilized I see it growing even further.  These have been testing times and Bitcoin is holding up like a champion, I laugh every time they say crypto is dead.  Bitcoin truly is a phoenix currency.

My edumacatedguesstimation of the peak price will be around $8,000 within 1 week and $10,000 within 4 to 6 weeks.  I wouldn't project further, it's too difficult given the state of things at a global level, there are too many variables.

My family is sick, and now myself - coronavirus symptoms.  May have to go in tomorrow.  I had to pull 2/3 of my BTC off the market (I intended to HODL) but I couldn't get a loan or go to a pawn shop; all those places were closed.  My family needed medicine and didn't have insurance.  I pulled at $6,020 and I want to off myself because I've done nothing but watch it blow up ever since which I completely expected, and try to get as much money back in as soon as I can.  Still making SOME money. 

My BAT experiment is going very well, at least.  Should have put more into that, too.

They could have gone a day without meds, right? Lol, god that sucks... people around here haven't been able to work so money is really tight, car at the dealership - it's ruining my investing experience and I have to say... NO, I will shake this one off... and get right back on that grind.

Anyway, this only further reinforces my point, I'm right back on it and I imagine many others are as well.  Bitcoin isn't going anywhere, not even in the face of a pandemic, not even with a hit below the belt.  Not wavering.

-Thomas Wolf

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Thomas Wolf
Thomas Wolf

I blog in an amalgamation of an eclectic and diverse range of topics. I am a cryptocurrency advocate, a STEM undergraduate student, a nature enthusiast, a survivalist, a DIY specialist, and I'm a little crazy at times.



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