Thats what I would wish and need... so no, don't think it will happen. Anyway, I will hodl and wish I am wrong.
In fact I have realised that I need to accumulate more Bitcoins to reach my target without that much wishful thinking about delusional moon prices (ie: $160.000)
I understand that I am repeating myself (probably bears repeating, until I am blue in the face... hahahahahahaha)
, but I don't really understand how any person who is continuously investing in BTC and attempting to accumulate by dollar cost averaging and buying on dips would need to have $10k, $20k, $50k or $160k in order to really feel good about investing into BTC. We are at $3,400-ish BTC prices, as I type, so if you are buying now, then getting to $7k is a doubling of value for whatever you buy now.
I do understand that if people either bought a lot of coins above $10k or they have screwed up in various ways that causes their investment to have averages of quite above $10k with a decent amount of BTC to make such calculations, then it is going to take quite a bit longer (and a need for higher prices) to get those folks into the green rather than red.
I also understand another feeling of a need to generate enough passive income in order to be able to rely on such passive income in order to not have to work again, ever (except voluntarily) - often referred to as "fuck you money," and of course that can be a decent goal for anyone, whether a 14 year old snot nose that does not really deserve it, or someone who is older and would like to get out to the rat race, and there are a lot of variants of such people - even though I would expect that some of us might have gotten spoiled from BTC's past performance and even the past performance of other cryptos, and even though there are decent chances that BTC is going to have great performances, again in the future, we cannot count on such, either psychologically or financially.
So sometimes, the case might be overstated about what is "needed" because it is not too likely that wealth can be built in a quick time, even if there are decent strategies that might provide opportunities for such luck.
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