Yesterday at 11pm EST, Bitcoin broke the $ 100,000 price ceiling! Incredible! The world is celebrating and going nutzo!
It started yesterday when, for the first time, the US Federal Reserve Chairman Powell said “Bitcoin is NOT a competitor to the US Dollar, it’s a competitor to gold.” And within hours, Bitcoin was on its way to breaking the once unthinkable $ 100,000 price point.
Now what? Well, for the average Joe, is it too late to invest?
The short answer is NO! But hear me out first.
If one is a long-term investor, it’s not too late. In fact, it’s still early. Only 3% of humanity owns Bitcoin. The challenge is most people are NOT investors. They buy and if it drops a bit, they panic, sell, and then claim the investment sucks! Gambling is NOT the way to build wealth. Investing in quality assets long-term over time is the path to building wealth!
But Fear Of Missing Out (FOMO) is a very strong emotion and can drive people to make investing mistakes. It makes them feel left behind. But you have to stay the course on your investment strategies. You cannot be shaken out of your plan by greed. Nevertheless, it is clear the putting Bitcoin in as part of one’s portfolio is a solid strategy
Here, consider this chart I just created putting Bitcoin against the US Dollar and Gold
Here’s a 5-year price chart comparing Bitcoin and Gold, adjusted for inflation to 2019 dollars. It highlights Bitcoin’s dramatic price fluctuations compared to Gold’s steadier trajectory. The reference line at 100 represents the baseline for the US Dollar’s relative value.
As you can see Bitcoin far outpaces Gold and the US Dollar as long-term stores of value. So yeah, buy Bitcoin. But just make sure you dollar cost average in and buy over time. Do NOT panic with the ups and downs. Instead, stay within your risk tolerance, and, over time, you will have the winning hand
Now, let’s be clear here, Bitcoin’s surge to six figures signifies increased institutional adoption, regulatory clarity, and heightened investor confidence. With companies like BlackRock launching Bitcoin ETFs and significant market players accumulating holdings, the digital asset is now considered a mainstream financial instrument.
Things are moving fast. Global Bitcoin leading influencer Michael Saylor, Chairman of MicroStrategy (MSTR), this past week, spoke to the Board of Directors at Microsoft who is holding billions in US Dollar cash on its balance sheet. He is told them losing purchasing power by investing in US Dollars is not the right path forward, that they need to switch over to Bitcoin and win the next techno wave or face becoming the next KODAK or POLAROID. If Microsoft gets in the game, it will be another game changer launching Bitcoin to $ 1,000,000 (10x)
Right now, many Institutional investors are starting to see Bitcoin as digital gold, positioning it as a hedge against inflation. Tech Developments in blockchain and tokenization promise broader use cases for cryptocurrencies. And with supply scarcity (cap of 21 million Bitcoin), limited supply will push prices higher over time.
The biggies are playing! But what are the risks to the average Joe?
Well, if Average Joe is trying to make a quick buck, forget it! He already lost! Average Joe cannot afford to panic when things go up and down. Average Joe needs to change his mindset and go long-term.
Key Takeaway
Investing in Bitcoin now depends on your risk tolerance, financial goals, and belief in its long-term value. For 2025, diversifying investments or exploring dollar-cost averaging may be prudent strategies. As always, consult a financial advisor before committing to significant investments.
Bitcoin’s journey to $100,000 is a testament to its resilience, and to me, it still offers a big upside opportunity over the long term.
Invest in what you know! If you like Bitcoin, learn more and more about it. That way, when you eventually get into the game, you’ll know how to play it so you can win your future.
Charles Bivona Jr., aka Coach JP Money, is a business strategist, financial coach, and founder of CoachJPmoney.com. A lifelong entrepreneur, he launched his first real estate deal at 17 and went debt-free by 1998. Since then, he has built national media brands, advised small businesses, and helped clients grow online using smart strategy, digital tools, and creative grit.
An expat living in Baja, Mexico, Charles also writes and produces music as Johnny Punish and lives off-grid at Hacienda Eco-Domes, a sustainable retreat he built with his wife. Through providing small business services, coaching, writing, and podcasting, he’s on a mission to help others win their future—on their terms.
Read his full bio at PunishStudios.com >>>
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