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Author Topic: Bitcoin Investors Confidence in Bitcoin💪  (Read 1462 times)
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July 25, 2023, 07:11:42 PM
 #61

Only those who have confidence in bitcoin and are aware of its price history will not allow the price of bitcoin to undermine their confidence in it, even if they are losing money and the price is declining.

Hopefully during the Bitcoin Halving of 2024, Bitcoin will break all previous records and reach a peak price.

What is your opinion on this?
Many of us anticipate that will happen as a result of the recent crypto space halving season. Every halving season results in a new all-time high for the price of bitcoin. The approaching halving by next year will be much above $68k, making it a new ATH that has broken all previous halving season prices since the last halving caused bitcoin to soar to $68k.

You don't want to sell Bitcoin after holding it in your wallet for a certain period of time. Even if the price goes up or down, you don't sell it. When the price of Bitcoin falls, you know it will go up again. When it goes up, you're afraid that if you sell it, you won't be able to buy it again. This is the situation many Bitcoin lovers face.

Our expectations for 2024 are more or less the same. I want to see the impact of the halving and I think the new ATH will come.

My trust in Bitcoin is very high. It always has been. I want the realization of what Bitcoin can do other than its monetary value.

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July 25, 2023, 08:08:07 PM
 #62

-snip-
You don't want to sell Bitcoin after holding it in your wallet for a certain period of time. Even if the price goes up or down, you don't sell it. When the price of Bitcoin falls, you know it will go up again. When it goes up, you're afraid that if you sell it, you won't be able to buy it again. This is the situation many Bitcoin lovers face.

Our expectations for 2024 are more or less the same. I want to see the impact of the halving and I think the new ATH will come.

My trust in Bitcoin is very high. It always has been. I want the realization of what Bitcoin can do other than its monetary value.
I tend to call it a holder dynamic which is likely to make the holder doubt his decision. They want to sell but are afraid the price will go up, while they want to hold but are unsure whether it will go down. But based on experience, long term holders are the real winners on bitcoin investments. Of course we don't need to set super high targets for returns, but only for something that makes sense.

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July 25, 2023, 10:33:26 PM
 #63

-snip-
You don't want to sell Bitcoin after holding it in your wallet for a certain period of time. Even if the price goes up or down, you don't sell it. When the price of Bitcoin falls, you know it will go up again. When it goes up, you're afraid that if you sell it, you won't be able to buy it again. This is the situation many Bitcoin lovers face.

Our expectations for 2024 are more or less the same. I want to see the impact of the halving and I think the new ATH will come.

My trust in Bitcoin is very high. It always has been. I want the realization of what Bitcoin can do other than its monetary value.
I tend to call it a holder dynamic which is likely to make the holder doubt his decision. They want to sell but are afraid the price will go up, while they want to hold but are unsure whether it will go down. But based on experience, long term holders are the real winners on bitcoin investments. Of course we don't need to set super high targets for returns, but only for something that makes sense.
There are several type of holders on which there would be some will be selling on 100k and there would be those people who would be selling out if it reach out $1M/coin. Realistic and unrealistic goals and targets is something that would really be seen normally on this space on which there would be the ones who would really be that going for short term duration and there are ones who are really that going to those huge numbers.
Confidence is something that would really be that depending on each investor because if there's some market shake off or would really be having those dumps then this is where things usually been that making
impulsive actions.

Confidence would really be that affected but there are ones who would really stood strong and sticking no matter what the market condition.They've been here on this market for a while now
and been able to see lots of ups and downs of this market on which it is really that something that they are really get used to it and they do know on how to deal with it.

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July 26, 2023, 05:16:12 AM
 #64

I think, you really make a good choice to invested your savings in Bitcoin some years ago, which I know you will not regret for the decision when the price of Bitcoin hit higher any moment from next month. Based on some of the signs around the market, show that those that invested in Bitcoin when the price was very low will not miss this opportunity that is about to happen, that will make the price of Bitcoin to reach $60,000 for investors to make a good profits before it will decrease back to $20,000. I have a strong confidence that I will be part of this massive pump that is preparing to take off from the market, which am very prepared to continue holding till the price hit higher before I will release my coins for sale.

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July 26, 2023, 06:04:01 AM
 #65

A true Bitcoin investor, does not give up Bitcoin just because of the words of others. Because they know about the success of Bitcoin. And they know that a long-term investment in Bitcoin will never disappoint them. Because long-term investment in Bitcoin guarantees extra profits. This greatly increases the confidence level of a Bitcoin investor. And they never want to give up Bitcoin.
Of course, and that's what we love about bitcoin, it might be very hard to see the price going down in a bear market, but once the bull run arrives, we are going to be happy as we can see our portfolio growing and maybe many of us here will become millionaires in 2024-2025.

But the hard part is that how we accumulate, it is during the bear market when the price goes on a spiral. And so we need to take advantage of that kind of down turn and don't be afraid of it. Instead we should take it as a opportunity to save and accumulate more bitcoin and then wait for the next bull run to occur.
That is the thing that makes this a lot better and entertaining as well. I think as long as we trust the bull run and what the price will be in the future, we shouldn't really be worried about the future at all. We can see it go up in the future and that's the only hope we have during bear market periods as well. I have held my coin all through the 2022 terrible period without selling any of it.

I believe that we are going to do fine and I think it is going to be very important for us all in the end as well. This is of course depending on the situation and I believe that if anything unexpected happens that require our attention and money, we may end up selling it, but that's understandable, that's why we invest anyway.

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July 26, 2023, 07:50:27 AM
 #66

Hello everyone
 
In 2018, when I heard about Bitcoin from an elder brother in the area, I became addicted to Bitcoin. Since then, I started learning about Bitcoin from that elder brother and got the opportunity to learn more details from the forum by logging into Bitcoitalk with his ID.  .
 And in view of this in 2020 I invest some of my savings in Bitcoin.
 From teaching, when Bitcoin broke past record highs at the end of 2021, I had the opportunity to make a good profit from my invested Bitcoins, but my strong belief in Bitcoins prevented me from selling Bitcoins, after which the price of Bitcoins began to decline.  Then different people tried to discourage me in different ways but it is from this forum that predictions about Bitcoin and my confidence in Bitcoin still make me come.

 Hopefully during the Bitcoin Halving of 2024, Bitcoin will break all previous records and reach a peak price.

 What is your opinion on this?



Let's review back for a moment. yes. This is when the crypto industry is reeling from one of the most catastrophic failures in recent history: the crash of the FTX crypto exchange, an exchange that was once valued at US$32 billion.

Now there are many real use cases that we are looking at and will drive crypto adoption. for example many institutions are considering long term investment for example Institutional Engagement and Crypto Friendly Banks. Well, this belief indicates a market that is becoming more mature, where cryptocurrency is seen as a viable investment vehicle going forward and we will not be hearing these words repeated "BTC is not suitable for investment and the price is zero" and like you say Hopefully during the Bitcoin Halving of 2024, Bitcoin will break all previous records and reach a peak price.

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July 26, 2023, 09:59:29 AM
 #67

Hello everyone
 
In 2018, when I heard about Bitcoin from an elder brother in the area, I became addicted to Bitcoin. Since then, I started learning about Bitcoin from that elder brother and got the opportunity to learn more details from the forum by logging into Bitcoitalk with his ID.  .
 And in view of this in 2020 I invest some of my savings in Bitcoin.
 From teaching, when Bitcoin broke past record highs at the end of 2021, I had the opportunity to make a good profit from my invested Bitcoins, but my strong belief in Bitcoins prevented me from selling Bitcoins, after which the price of Bitcoins began to decline.  Then different people tried to discourage me in different ways but it is from this forum that predictions about Bitcoin and my confidence in Bitcoin still make me come.

 Hopefully during the Bitcoin Halving of 2024, Bitcoin will break all previous records and reach a peak price.

 What is your opinion on this?



Let's review back for a moment. yes. This is when the crypto industry is reeling from one of the most catastrophic failures in recent history: the crash of the FTX crypto exchange, an exchange that was once valued at US$32 billion.
Well that's what we call black swan event, we really didn't understand or prepare ourselves for that one catastrophic event that is going to happen not just for bitcoin, but for the whole market in general. And it really did affect us negatively, price goes down to lowest low in the bear market. But now, it's over, we have bounce back, recovered already price almost doubled from the bottom.

Now there are many real use cases that we are looking at and will drive crypto adoption. for example many institutions are considering long term investment for example Institutional Engagement and Crypto Friendly Banks. Well, this belief indicates a market that is becoming more mature, where cryptocurrency is seen as a viable investment vehicle going forward and we will not be hearing these words repeated "BTC is not suitable for investment and the price is zero" and like you say Hopefully during the Bitcoin Halving of 2024, Bitcoin will break all previous records and reach a peak price.
It's obvious that adoption is coming, although it might be slow process, but at least we have government and huge institutions getting their hands on bitcoin. And just imagine if in the bull run, the bitcoin ETF that BlackRock has filed has been approved by the SEC. It will be a game changer, confidence in the market is also all time high.

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July 26, 2023, 10:49:11 AM
 #68

-snip-

Hopefully during the Bitcoin Halving of 2024, Bitcoin will break all previous records and reach a peak price.

What is your opinion on this?
Prior to 2021, many investors stopped working with the bitcoin market due to inconclusive prices and turned to other types of investment. When they saw the price chart in 2021, they were surprised by the price of bitcoin.
Only investors who choose the long term will get big profits. Therefore, my general opinion is that being patient and continuing to hold bitcoin is an effort that must be made so that the hope of bitcoin reaching the highest price can be achieved.

R


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July 26, 2023, 07:21:01 PM
Merited by el kaka22 (3)
 #69

-snip-

Hopefully during the Bitcoin Halving of 2024, Bitcoin will break all previous records and reach a peak price.

What is your opinion on this?
Prior to 2021, many investors stopped working with the bitcoin market due to inconclusive prices and turned to other types of investment. When they saw the price chart in 2021, they were surprised by the price of bitcoin.
Only investors who choose the long term will get big profits. Therefore, my general opinion is that being patient and continuing to hold bitcoin is an effort that must be made so that the hope of bitcoin reaching the highest price can be achieved.
That was the saddest part of bitcoin world. During 2017 there were a lot of people who started to work with bitcoin and after what happened in 2018 they stopped working. So, when they saw 2021 they decided that maybe they should wait and see, if it goes on like that they would get back, and when 2022 happened they said "see, I told you it was a risk" and they decided to stay out. Now if we have a good period in 2025, they are going to still stay out because of 2026 fear as well.

I believe that they are right that there are ups and downs in the crypto world but that's not really a reason to stay away. They should at least reconsider working with stablecoins, that has no volatility and still a foot into the crypto world that way as well.

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July 26, 2023, 07:44:36 PM
 #70

This isn't really all that marvellous achievement at all. I mean we have been here for a long long time, we have seen it go crazy high, we have seen it crash. I mean if you told anyone when it was 100 dollars that it would hit 68k dollars, they would tell you crazy, but we lived through that and saw it. Or when it was at 68k, if you told people it will be 15k within a year, they would tell you that you are jealous because you missed your chance, I would have done that for sure. In the end its all about the fact that we learned our lesson by living in those periods, so when we see it crash now, or be lower, or just have a small dip, none of that matters because we know whats going to happen.

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AakZaki
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July 26, 2023, 08:29:44 PM
 #71

Prior to 2021, many investors stopped working with the bitcoin market due to inconclusive prices and turned to other types of investment. When they saw the price chart in 2021, they were surprised by the price of bitcoin.
Only investors who choose the long term will get big profits. Therefore, my general opinion is that being patient and continuing to hold bitcoin is an effort that must be made so that the hope of bitcoin reaching the highest price can be achieved.
Diamond hands will always be and have many advantages. those who were surprised certainly sold Bitcoin when the price crashed and it will be a pain to see the ATH in 2021. If the past can be repeated, then the current position is the position before 2021 and will soon reach a new ATH. buying Bitcoin and holding it won't hurt, it will continue to grow. Having the courage to buy would be better than just looking and seeing.
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July 26, 2023, 08:59:38 PM
 #72

-snip-
Diamond hands will always be and have many advantages. those who were surprised certainly sold Bitcoin when the price crashed and it will be a pain to see the ATH in 2021. If the past can be repeated, then the current position is the position before 2021 and will soon reach a new ATH. buying Bitcoin and holding it won't hurt, it will continue to grow. Having the courage to buy would be better than just looking and seeing.
Most just look without daring to buy, some also often talk about it and suggest others to buy while they are afraid themselves. Those are just some of the odd impressions on the part of the community, but it's true that buying now is the best way to expect high returns after the 2024 halving.

The concept of investing and trading is buy low sell high. So considering that $29k is currently a low price compared to the last bitcoin ATH, the advice is to buy. Buy on dip and hold, that's great for potential investors to adopt. Wait and hold onto it until 2025 (at least), it will give them a worth it return although none of us can guarantee it.

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Odusko
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July 26, 2023, 09:20:08 PM
 #73

First of all, you have made a big mistake and shown that you have not built adequate knowledge to be called cure investors not only in Bitcoin but in other assets that have volatile market characteristics, for failing to take profits when they presented themselves in 2021 is a big opportunity that you have missed and I will advise you to pay close attention to Bitcoin DCA approach.

Because learning to practice DCA in Bitcoin help you to maximize the many opportunities to accumulate more Bitcoin along the line buying all the way down and selling all the way up, that is what Bitcoin DCA is all about.

.
.Duelbits.
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yudi09
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July 27, 2023, 05:35:45 AM
 #74

Prior to 2021, many investors stopped working with the bitcoin market due to inconclusive prices and turned to other types of investment. When they saw the price chart in 2021, they were surprised by the price of bitcoin.
Only investors who choose the long term will get big profits. Therefore, my general opinion is that being patient and continuing to hold bitcoin is an effort that must be made so that the hope of bitcoin reaching the highest price can be achieved.
-snip-

I believe that they are right that there are ups and downs in the crypto world but that's not really a reason to stay away. They should at least reconsider working with stablecoins, that has no volatility and still a foot into the crypto world that way as well.
Be consistent and patient. Nothing but those two words kept away the feeling of regret when the bitcoin price returned to its highs.
Price volatility is something that tests the consistency and patience of bitcoin investors. You are right that investors need to reconsider when choosing a stablecoin.

Diamond hands will always be and have many advantages. those who were surprised certainly sold Bitcoin when the price crashed and it will be a pain to see the ATH in 2021. If the past can be repeated, then the current position is the position before 2021 and will soon reach a new ATH. buying Bitcoin and holding it won't hurt, it will continue to grow. Having the courage to buy would be better than just looking and seeing.
Investors who have experienced regret for choosing to leave investing with bitcoin have found the real answer to what they should do in the future.
People may say anything as long as they have the ability that is supported by many factors to support courage, although some say it's a strange habit of just talking and suggesting.

R


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gunhell16
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July 27, 2023, 07:51:15 AM
 #75

Hello everyone
 
In 2018, when I heard about Bitcoin from an elder brother in the area, I became addicted to Bitcoin. Since then, I started learning about Bitcoin from that elder brother and got the opportunity to learn more details from the forum by logging into Bitcoitalk with his ID.  .
 And in view of this in 2020 I invest some of my savings in Bitcoin.
 From teaching, when Bitcoin broke past record highs at the end of 2021, I had the opportunity to make a good profit from my invested Bitcoins, but my strong belief in Bitcoins prevented me from selling Bitcoins, after which the price of Bitcoins began to decline.  Then different people tried to discourage me in different ways but it is from this forum that predictions about Bitcoin and my confidence in Bitcoin still make me come.

 Hopefully during the Bitcoin Halving of 2024, Bitcoin will break all previous records and reach a peak price.

 What is your opinion on this?



First I'm glad because your mind became open to find out what Bitcoin is and you really discovered that bitcoin has a good future which pushed you to buy it and hold it for the long term through your brother,  but why you seem to be regretting that you didn't sell when Bitcoin's value kicked over 60k$ almost.

But if you still hold your Bitcoin until now, I think you can still achieve your target of selling it more than you expected when the bull run comes next year, and from what I see there are many people who expect Bitcoin to achieve 100k$ each or more by 2024.



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SPIN

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AnonBitCoiner
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July 27, 2023, 07:42:30 PM
 #76

Be consistent and patient. Nothing but those two words kept away the feeling of regret when the bitcoin price returned to its highs.
Price volatility is something that tests the consistency and patience of bitcoin investors. You are right that investors need to reconsider when choosing a stablecoin.

patience is good thing but we should not be in too patience that all the good events moves on and we cannot make a successful decision. We should not be in too rush or setting with too patience to loss all movement of bright future.

 Although bitcoin is a volatile asset but if someone use his mind then surely he can get good reward in due time using his abilities to take decision no matter how bad is the market but patience can minimize your losses.

 People will not regret through bitcoin investment whenever he buy if he wait and do not make a sudden decision because knowledge is power so one can bright his future through utilizing his knowledge.



 

 

 

 

 

 


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July 27, 2023, 11:56:43 PM
 #77

Be consistent and patient. Nothing but those two words kept away the feeling of regret when the bitcoin price returned to its highs.
Price volatility is something that tests the consistency and patience of bitcoin investors. You are right that investors need to reconsider when choosing a stablecoin.

patience is good thing but we should not be in too patience that all the good events moves on and we cannot make a successful decision. We should not be in too rush or setting with too patience to loss all movement of bright future.

 Although bitcoin is a volatile asset but if someone use his mind then surely he can get good reward in due time using his abilities to take decision no matter how bad is the market but patience can minimize your losses.

 People will not regret through bitcoin investment whenever he buy if he wait and do not make a sudden decision because knowledge is power so one can bright his future through utilizing his knowledge.
Patience is virtue but not all the situation or condition would really be ending up on being positive because we know that there are really situations which you would really be needing to take profit to avoid on waiting

up for another cycle.If you have just been able to sell on peak prices then you would really be able to have that huge amount of profits on which you could really make use on the time that the market would really be crashing out on which this is really  that typical on a market to happen and this is where you would really be able to take advantage since you do already have the funds on making such step.There are really just those
people who do have that diamond hands on holding no matter what the market condition or situation would be.

Holding for long term or how many years would really be just that applicable for Bitcoin and other top altcoins in the market on which it would really be worth on holding them
but if we do speak about meme coins then you are just basically wasting up your money and time.

R


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uswa56
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July 28, 2023, 04:14:33 AM
 #78

Hello everyone
 
In 2018, when I heard about Bitcoin from an elder brother in the area, I became addicted to Bitcoin. Since then, I started learning about Bitcoin from that elder brother and got the opportunity to learn more details from the forum by logging into Bitcoitalk with his ID.  .
 And in view of this in 2020 I invest some of my savings in Bitcoin.
 From teaching, when Bitcoin broke past record highs at the end of 2021, I had the opportunity to make a good profit from my invested Bitcoins, but my strong belief in Bitcoins prevented me from selling Bitcoins, after which the price of Bitcoins began to decline.  Then different people tried to discourage me in different ways but it is from this forum that predictions about Bitcoin and my confidence in Bitcoin still make me come.

 Hopefully during the Bitcoin Halving of 2024, Bitcoin will break all previous records and reach a peak price.

 What is your opinion on this?



First I'm glad because your mind became open to find out what Bitcoin is and you really discovered that bitcoin has a good future which pushed you to buy it and hold it for the long term through your brother,  but why you seem to be regretting that you didn't sell when Bitcoin's value kicked over 60k$ almost.

But if you still hold your Bitcoin until now, I think you can still achieve your target of selling it more than you expected when the bull run comes next year, and from what I see there are many people who expect Bitcoin to achieve 100k$ each or more by 2024.

I think if anyone who has known Bitcoin for a long time they would have no doubts about the future of Bitcoin from what happened in the past it is sufficient proof that Bitcoin will be able to recover.
Personally, I believe that Bitcoin in the future cannot be separated from what has happened in the past, and because of that, I believe that even though there is a big correction, sooner or later Bitcoin will be able to recover.

I have known Bitcoin since 2016 from my brother, at first I was doubtful about the corrections that had occurred, but after all that had been going through, I believed and had confidence in the future of Bitcoin.
lienfaye
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July 28, 2023, 04:33:41 AM
 #79

Hello everyone
 
In 2018, when I heard about Bitcoin from an elder brother in the area, I became addicted to Bitcoin. Since then, I started learning about Bitcoin from that elder brother and got the opportunity to learn more details from the forum by logging into Bitcoitalk with his ID.  .
 And in view of this in 2020 I invest some of my savings in Bitcoin.
 From teaching, when Bitcoin broke past record highs at the end of 2021, I had the opportunity to make a good profit from my invested Bitcoins, but my strong belief in Bitcoins prevented me from selling Bitcoins, after which the price of Bitcoins began to decline.  Then different people tried to discourage me in different ways but it is from this forum that predictions about Bitcoin and my confidence in Bitcoin still make me come.

 Hopefully during the Bitcoin Halving of 2024, Bitcoin will break all previous records and reach a peak price.

 What is your opinion on this?



First I'm glad because your mind became open to find out what Bitcoin is and you really discovered that bitcoin has a good future which pushed you to buy it and hold it for the long term through your brother,  but why you seem to be regretting that you didn't sell when Bitcoin's value kicked over 60k$ almost.

But if you still hold your Bitcoin until now, I think you can still achieve your target of selling it more than you expected when the bull run comes next year, and from what I see there are many people who expect Bitcoin to achieve 100k$ each or more by 2024.
Many investors are optimistic that the price of Bitcoin will reach $100k on the next bullrun. This is also the reason why many of us are keep on holding since there's a possibility for Bitcoin to surpass its previous ATH and it might happen after the halving next year. So don't regret if you didn't sell in the past when the price is increasing. Because as long as you didn't sell then you didn't lose anything yet. Though, you don't have to deprive yourself to take profit at times.

Remember that if you can hold longer, you can be a huge gainer. Though everything is uncertain, it's still better than having a weak hands to wait.

Oasisman
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July 28, 2023, 05:13:26 AM
 #80

Hopefully during the Bitcoin Halving of 2024, Bitcoin will break all previous records and reach a peak price.

 What is your opinion on this?

Though bitcoin has showed us it's potential in a long term perspective, but you should not put all your hopes in setting such a short timeframe. I know it's the bitcoin halving that your thinking of, like everybody is anticipating, but there is no guarantee if it can hit the 6 digit figure or even hit your own target. Nobody knows it, so you should make yourself a little more confident longer than 2024, there's more to come for sure, it's just a matter of time if you're looking to have financial breakthrough. Afterall, we're just merely speculating here but with a good reference from bitcoin's past prices. So far it's been appreciating and that's what makes everyone in crypto space confident in the next 5-10 years or so.

R


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