Since January 2023, Bitcoin has surged by 82%, surpassing $35,000 (CoinMarketCap). But after its 2022 crash, where the cryptocurrency lost 65% of its value, many investors fear a repeat. Is now the time to take risks amid positive news? The answer depends not just on charts but on your willingness to dance with volatility.
Why Bitcoin Is Trending Again
Institutional Hype
BlackRock, Fidelity, and other Wall Street giants have applied to launch Bitcoin ETFs—funds that simplify crypto access for mainstream investors. According to Grayscale, institutional BTC investments grew by 45% in 2023. “This signals Bitcoin is no longer a geek’s toy,” declares analyst Michael Saylor.
The 2024 Halving: Scarcity as a Growth Driver
In April 2024, Bitcoin’s mining reward will halve—an event known as the halving. Historically, this has driven price increases: After the 2020 halving, BTC soared 300% in a year. But past performance doesn’t guarantee future results.
Rhetorical question: If everyone expects growth—doesn’t that mean it’s already priced in?
3 Reasons to Buy Bitcoin Today
- Hedge Against Inflation. Since 2020, BTC has outperformed gold during high inflation (Fidelity data).
- Technological Evolution. The Taproot upgrade (2021) boosted transaction privacy and speed.
- Global Crisis of Trust. In countries like Nigeria and Turkey, Bitcoin has become a lifeline amid collapsing national currencies.
4 Risks Enthusiasts Won’t Mention
- Regulatory Crackdowns. The U.S. SEC has blocked 12 ETF applications since 2018. New approvals could take years.
- Energy FUD (Fear, Uncertainty, Doubt). Bitcoin mining consumes more energy than Finland (Cambridge Index).
- Competition. Ethereum, Solana, and others offer more flexible blockchain solutions.
- Cyberattacks. Hackers stole $3.8B in crypto in 2023 (Chainalysis).
What Do Experts Say?
- Cathie Wood (ARK Invest): “BTC will hit $1.5M by 2030 due to institutional capital shifts.”
- Nouriel Roubini (Economist): “It’s a hype-driven bubble. Real value? Zero.”
- Glassnode Data: 60% of Bitcoin hasn’t moved in over a year—a sign of “holder” faith.
Rhetorical question: Who to trust—crypto-optimists or skeptics who predicted its collapse in 2010?
How to Invest Stress-Free: 5 Rules
- Diversify. Allocate no more than 5% of your portfolio to BTC.
- DCA Strategy. Buy $100 monthly to average your entry price.
- Cold Wallet Storage. Use Ledger or Trezor to safeguard assets.
- Stop-Losses. Automatically sell if prices drop 20%.
- Ignore the Noise. Telegram channels promising “guaranteed returns” are scams.
2024–2025 Predictions: Where Will Prices Go?
- Bull Case: ETF approvals, Fed rate cuts, and the halving could push BTC to $100K (Standard Chartered).
- Bear Case: Recession and regulatory bans may crash it to $10K (JPMorgan).
- Realistic: 40K–40K–70K if current trends hold (Bloomberg).
Key Questions Answered
1. Should I buy Bitcoin in 2023?
If you can handle risk and have a 3–5 year horizon, yes. Short-term speculation is dangerous.
2. Why Bitcoin over stocks?
Decentralization, inflation resistance, and independence from corporate decisions.
3. Can Bitcoin drop to zero?
Technically yes, but its network and community are too resilient for instant collapse.
4. What about Bitcoin taxes in Russia?
Crypto profits are taxed at 13% (personal income tax). Reporting is mandatory.
5. Are altcoins cheaper than Bitcoin?
Cheaper ≠ better. Ethereum and BNB offer utility, but BTC remains “digital gold.”
Your Risk, Your Rules
Bitcoin isn’t a lottery ticket—it’s an asset with unique risks and potential. Invest only after learning blockchain basics. And remember: Flashy predictions are often marketing.
Call to action: Before buying BTC, ask yourself: Can I afford to lose what I invest? If yes—go for it.