If Bitcoin is the new digital godl, and going to reach crazy 100k...

[metenjean]

If Bitcoin is the new digital godl, and going to reach crazy 100k, 300k price predictions then why are people even selling right now? Why is there even hesitation around 40k?

Having a wishful thinking is one aspect but to believe that the price would cross $100k and $300k the price might reach those valuation if you have the patience to hold the coin for the next decade as you cannot expect the price to rally all the time. Even right now the price has jumped multiple times than its old all time high valuation.
The rally is not always a one way traffic, so expect a correction once in a while .

Will be possibility cross above $100k until $300 depend how effect from world economic and looking how many positive tweet or respond with bitcoin than negative respond, we know some time many bad news coming from world global they wanna make people and investor panic when tweet with bad news about bitcoin, but some time always have any drama with bitcoin and altcoin how to make price dump and many of them wanna get good price for buying bitcoin or altcoin.

[1715686545]

1715686545

[darewaller]

The reality is that, even gold is sold, that's why. People must think that everyone buys gold all the time and they never sell their gold? Because even gold is sold, which means bitcoin will be sold as well. Plus things do not become what they are in a day, if bitcoin is digital gold and we are going to reach 400k+ levels to equal the gold marketcap, that means we can't have it tomorrow, we are going to have that in maybe a decade, so why rush it today?

Lastly there are tons of people who do not believe this analogy, they think bitcoin is not digital gold, they buy low, sell high and take out their profit and put their money into something else. I have a friend who bought bitcoin from around 700 dollar levels, and sold at around 11k and he put it on regular bank savings interest account, dude never really believed in bitcoins future at all, just wanted to profit in fiat.