Brand new here. Passed up buying at $5k and again and $17k and feel like a complete jackass. Have just begun to dca in. Iβm a Middle Aged dude with some cash and am thinking through how / when to reallocate from stocks to btc.
I get that our fiat monetary system is broken and my dollars are worthless. But what is bitcoin worth? And what will it be worth?
Market cap of gold seems like a reasonable proxy. Can see btc going higher because of the hard limit, flexibility etc.
If gold market cap is $23.5 tn that implies $1.1mm for bitcoin today and more in the future as inflation continues. So we have a 9x from here at a minimum?
Thoughts?
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