When Bitcoin was at 1k, many said that it would beat 10k and others disagreed with those who said it would hit 10k, and yes it would beat 100k... And a long time I heard that Bitcoin would hit 100k....
Nowadays I'm starting to hear again that Bitcoin will hit 100k, but before the odds were great, nowadays these odds are getting smaller and smaller...
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.. and I believe that this probability of bitcoin hitting 100k can reach zero
Hitting 100k again just means buy the dip.
It happens I buy dip and still dca
It does not happen I dca.
My thoughts are focused on numbers like 500k or 1mill
Not a retreat to 100k
the odds of hitting 1M will get higher and higher as the price moves away from 100k.
To accumulate bitcoin, DCA is the best strategy I've seen, you don't need to worry about the value, just buy and hold, no suffering, no worry, just see the amount of btc saved increase regardless of the value, since 1btc equals 1btc.
I appreciate your strategy of selling amounts of cables by meters of satoshis heheehe...
When (...)
.. and I believe that this probability of bitcoin hitting 100k can reach zero
You are saying that bitcoin will never reach $100k ever again?
That is a bit bold.
Does that mean that you would be willing to give 99% odds in a bet?
_In all existing markets on exchanges around the world, the only one that has 24/24 hour trading, and with fans for both the price to rise and the price to fall, is Bitcoin!
I still don't know any market that has this crowd... if you know, you can tell me..
So, based on this crowd, I see this... people hoping for the price to fall while others, the majority, hoping and waiting for the price to increase... This is the one that is always getting it right, because no matter how much the price falls, it always recovers, rises, and shatters the expectations of both those who were hoping to rise and those who were hoping to fall, and then, it no longer returns to that lower price that it was and maintained for a period.
So, I'm not saying that the price will never reach 100k again, just saying that the odds decrease every time the price moves away from 100k, which was different when it was below 100k, those who hoped for it to reach 100k were rewarded, and those who hoped to come back to 10k were disappointed, and these are the same ones who are now hoping for the price to return to 100k.
and these may be deceptioned again. And the funniest thing, that those who now hope for the price to reach 100k now, are the same ones who said that the price would not reach 100k.
-No, I wouldn't bet on 99% of this happening, but I see the chances of him reaching 1M starting to be higher as the price doesn't reach 100k, and if he reaches and or even loses 100k, it's getting harder and harder, and when he recovers, the chances of him not coming back at 100k will practically double, thus increasing the probabilities of it reaching 1m in five, 6 years, since the proportion of the spread of the price scale is exponentially increasing, since the last ATH are with less volatility than the previous ones.
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