Bitcoin could peak at 619,047

Diversification is the key to success and risk management is the door. Investors often make mistake by dedicating their full capital on one specific product as this opens them up to more risk. Higher volatility in Bitcoin does not mean that it cannot be part of the investment portfolio. The strategy which is famous in adopting the volatility in your portfolio is called volatility targeting/scaling on the ongoing basis. The S&P 500 index is a well-diversified index and hence the volatility is much lower. In order to add Bitcoin in your portfolio, look at the percentage volatility of the S&P 500 and add the same percentage capital worth of Bitcoin to the portfolio

How High Can Price Go? 619,047 per Bitcoin

There are total 20999999.9769 BTC or in simple terms, there are nearly 21 million Bitcoins. Over the coming 10 years, if Bitcoin demand increases by only 4%, you take away away 4% that global demand value (World market capitalization value = 72.3 Trillion dollar + Professionally managed global real estate market = 7.4 trillion + Global Debt = 199 Trillion Dollar +MSCI All Country World Index Market Cap = 50.025 Trillion ), it gives you the price for each Bitcoin at $619,047. However, if the Bitcoin supply goes unlimited which is feasible, because in August we also had an event of forking which gave birth to Bitcoin cash, things would change substantially. The value of new Bitcoin cash for now is approximately $5 billion. If the supply is not limited, the core foundation of cryptocurrency would shift and it a number of elements would come on par with central bank’s currencies.