milewilda
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July 04, 2023, 09:59:25 PM |
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When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time? Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.
Will the price pass 100k$ next year 2024 for buys to make their gain?
Actually anyone buying Bitcoin at $100k wouldn't be thinking of gaining anytime soon owing to how Bitcoin trend is. Also, it is risky highly risky when you buy Bitcoin at mooning stage when the price skyrockets because it is always seen to have faced a deep dip afterwards or to some extent little dip ... therefore if anyone is buying at that rate ...then the person is not willing to trade any moment sooner from then...will have to hold for long to get maximum profit Nobody knows how high the price of Bitcoin will be next year or how low. We all are looking forward to halving next year and the aftermath 😉 On the time that we do able to reach out $100k in a fast pace manner then who wouldnt really be thinking about reaching out 150 or 200 or even more? For sure there would be those people who would really be making out that kind of consideration on buying with those prices specially when FOMO kicks in because people would really be already having the impression that the price would really be shooting up more but im much sure that there would really be a strong resistance on this point on which this might be having that selling point or Take profit level on where most people been setting out.This is why it wouldnt really be that so shocking if there would really be that rejection or correction into this point on which 100k increment wouldnt really be that so easy to breakout.
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loopes
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July 04, 2023, 10:25:42 PM |
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When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
You have many choices to do. If you are not faith enough with bitcoin price will go up, One of choice you can do is cutting your lose and then do short trade to get back your loses by income from short trade. This way is done by many people to avoid higher lose. Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.
If you are really faith in bitcoin you will always hold your bitcoin untill your targeted price is touched then get profit from it. but if you do not patient it is up to you to lose selling. Will the price pass 100k$ next year 2024 for buys to make their gain?
to be honest i am doubt about it, if the price is increase, i think it will not touch 100.000$ .
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thecodebear
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July 05, 2023, 03:48:21 AM |
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When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time? Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.
Will the price pass 100k$ next year 2024 for buys to make their gain?
Actually anyone buying Bitcoin at $100k wouldn't be thinking of gaining anytime soon owing to how Bitcoin trend is. Also, it is risky highly risky when you buy Bitcoin at mooning stage when the price skyrockets because it is always seen to have faced a deep dip afterwards or to some extent little dip ... therefore if anyone is buying at that rate ...then the person is not willing to trade any moment sooner from then...will have to hold for long to get maximum profit Nobody knows how high the price of Bitcoin will be next year or how low. We all are looking forward to halving next year and the aftermath 😉 Well there will be 3 main times when Bitcoin is crossing $100k. 1) It'll be crossing $100k during the next bull market (and so anyone buying it then will at most have a few months of the price being higher and then they'll have to deal with probably 12 to 18 months of the price being lower during the bear market. 2) It'll be crossing $100k again during the next bear market as the price goes down. People will be buying bitcoin as the price drops from the bull market high. 3) It'll be crossing $100k again early on in the next market cycle, maybe like second half of 2027, and at that point $100k will be a low price so people will be buying to accumulate Bitcoin at the low price of $100k, the way people are doing the same right now at $30k. After that point, anyone who has bought at $100k will be in profit forever.
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Dessy88
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July 09, 2023, 06:22:02 PM |
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You mean who bought btc now? Absolutely we are! So we will buy btc after rising price 100k$ so don’t worry. After all 4-5 years before btc price was very low but now btc price rising 40k$ over so we buy now ok. Therefore price rising doesn’t mater for btc because only one trustful coin in this crypto market. Really if btc price will rising 100k$ then many people will king sure.
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Nwada001
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July 10, 2023, 12:51:48 AM |
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You mean who bought btc now? Absolutely we are! So we will buy btc after rising price 100k$ so don’t worry. After all 4-5 years before btc price was very low but now btc price rising 40k$ over so we buy now ok. Therefore price rising doesn’t mater for btc because only one trustful coin in this crypto market. Really if btc price will rising 100k$ then many people will king sure.
I guess you got them all wrong. The OP is asking who will be ready to buy Bitcoin if it crosses the $100k pet Bitcoin level, and the answer is quite simple: providing there are people who bought Bitcoin from the price at which it is right now until when it hits the $100k level, there will also be others who will be ready to buy at whatever price they happen to meet it. There will always be a change of ownership, where today's whales might not be the same as the people of the next decade's will refer to whales, so those bagging in preparation of what the price might be in the future will definitely be there to buy more at whatever price they meet it.
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Z_MBFM
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July 10, 2023, 03:05:42 AM |
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This is how people bought Bitcoin when it was under $100 When it crossed $68k people still bought Bitcoin the same way it even more people bought it.
One thing to note is that the popularity of Bitcoin is increasing day by day and as the price of Bitcoin is increasing, it is catching people's attention. so as many people buy bitcoin now, if the price of bitcoin is $100k, more people will buy. Because then the excitement about Bitcoin will start
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Supianto
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July 10, 2023, 06:05:38 AM |
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This is how people bought Bitcoin when it was under $100 When it crossed $68k people still bought Bitcoin the same way it even more people bought it.
One thing to note is that the popularity of Bitcoin is increasing day by day and as the price of Bitcoin is increasing, it is catching people's attention. so as many people buy bitcoin now, if the price of bitcoin is $100k, more people will buy. Because then the excitement about Bitcoin will start
True. Also, a lot of people just don't know the basics of investing like buy low, sell high. So when they see BTC hitting new ATH I guess they think it will keep it that way, but they don't realize that a lot of people are gonna sell it at that point and lower the price.
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fauzan Ichsan
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July 10, 2023, 08:08:27 AM |
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You mean who bought btc now? Absolutely we are! So we will buy btc after rising price 100k$ so don’t worry. After all 4-5 years before btc price was very low but now btc price rising 40k$ over so we buy now ok. Therefore price rising doesn’t mater for btc because only one trustful coin in this crypto market. Really if btc price will rising 100k$ then many people will king sure.
I guess you got them all wrong. The OP is asking who will be ready to buy Bitcoin if it crosses the $100k pet Bitcoin level, and the answer is quite simple: providing there are people who bought Bitcoin from the price at which it is right now until when it hits the $100k level, there will also be others who will be ready to buy at whatever price they happen to meet it. There will always be a change of ownership, where today's whales might not be the same as the people of the next decade's will refer to whales, so those bagging in preparation of what the price might be in the future will definitely be there to buy more at whatever price they meet it. the same as before when bitcoin cost $ 1k, did anyone think bitcoin reached $ 10k, up to $ 64k, when the position was $ 1k, who would buy it when the bitcoin price was $ 10k, and so on. So the law of supply and demand is always there, and of course someone who buys $100k, he's going to sell for more than that. maybe he has his own target, if it reaches a saturation point then the price of bitcoin will fall again, and after that in the bullish season it will rise again past the previous ATH, moreover the supply of btc is limited
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Inwestour
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July 10, 2023, 11:19:14 AM |
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I guess you got them all wrong. The OP is asking who will be ready to buy Bitcoin if it crosses the $100k pet Bitcoin level, and the answer is quite simple: providing there are people who bought Bitcoin from the price at which it is right now until when it hits the $100k level, there will also be others who will be ready to buy at whatever price they happen to meet it. There will always be a change of ownership, where today's whales might not be the same as the people of the next decade's will refer to whales, so those bagging in preparation of what the price might be in the future will definitely be there to buy more at whatever price they meet it.
Funds will buy that believe that bitcoin will be very expensive, if we talk about large players. But besides this, there will also be ordinary retail investors who will believe that bitcoin can reach unprecedented heights, but history teaches us that buying on highs is a very bad idea and perhaps because of such rash actions you will have to sit under water for a very long time, with the hope of one day reaching breakeven again.
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benalexis12
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July 10, 2023, 01:32:18 PM |
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Honestly speaking, it is difficult to buy Bitcoin for 100k$, unless you are a scalper. But if you're not a scalper and you don't know much about the ins and outs of the market, you'll have a bit of a hard time because instead of making a profit, you'll experience a loss. It's hard to keep up with them if they are professional traders and are already used to this kind of behavior. I hope you got what you wanted if pointed out to you.
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MarjorieZimmermanGinger
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July 11, 2023, 05:15:40 PM |
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You mean who bought btc now? Absolutely we are! So we will buy btc after rising price 100k$ so don’t worry. After all 4-5 years before btc price was very low but now btc price rising 40k$ over so we buy now ok. Therefore price rising doesn’t mater for btc because only one trustful coin in this crypto market. Really if btc price will rising 100k$ then many people will king sure.
When the supply and demand process is still valid, there is no need to worry about who will buy Bitcoin when the price is at $ 100K. In fact, we ourselves will also buy bitcoin at a much higher price when we have the opportunity to buy, although not full of buying in large quantities because it can be paid in installments with the capital capabilities they have. If you look at the last ATH, the possibility of reaching at a price of $ 100K is more realistic and maybe we do not know exactly when it will happen appropriately, because predictions do not always give birth to accuracy in the results. Everyone who has been investing in bitcoin for a long time doesn't care what the price is, the problem is when we are not in the right conditions, where Bitcoin is able to exceed ATH and we have nothing to sell in that period. Concerns about price will only apply to those who are not actively involved and do not understand Bitcoin's journey.
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Furious 7
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July 11, 2023, 05:49:44 PM |
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Honestly speaking, it is difficult to buy Bitcoin for 100k$, unless you are a scalper. But if you're not a scalper and you don't know much about the ins and outs of the market, you'll have a bit of a hard time because instead of making a profit, you'll experience a loss. It's hard to keep up with them if they are professional traders and are already used to this kind of behavior. I hope you got what you wanted if pointed out to you.
Right now it will seem difficult but when the price of bitcoin has exceeded that and is higher for example then I don't think it will be much different from today. Let's reverse the conditions now where bitcoin is at $30k who will buy bitcoin at $60k or even more? It seems impossible right? but this is if you talk about a few years ago where bitcoin was at the previous ATH price then when $60k was a lot to buy so this condition will also definitely happen if bitcoin breaks the price of $100k or even more. Actually things like this depend on the problem of prices. Indeed now we find it difficult to buy bitcoin at that price but if bitcoin has touched that price and even if it is higher then the possibility of buying there is still possible.
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WatChe
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July 11, 2023, 06:23:25 PM |
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It's more better for us to buy now that we are aspiring for that all time high which could be a big catch for most of us investing with bitcoin today,this makes it more interesting to know that we are currently aiming to regain back the all time high of $68,000 ad from there hence it also begin to rise and till it attained the rate of $100,000 or beyond. This is good time to buy Bitcoin as price is not that high at the moment. Even if price goes high in future then there are various way to accumulate Bitcoin in a profitable manner. It best not to buy Bitcoin at one price rather mixing techniques like DCA and buying at dips gives best accumulating price. ...
$1M is like a dream of many and way back a decade ago, thinking of bitcoin reaching $100 is like thinking of bitcoin to $1M at these moments. No matter what will be the price of bitcoin, there will always be the demand that will be made by institutions and retailers. 1 millon USD price is still quite away, first Bitcoin has to break 100k$ barrier which most of us are looking forward. It will be exciting to see bitcoin breaking 100k barrier and once Bitcoin do that we can safely safe that 1M is not that far.
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mendace
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July 11, 2023, 08:26:48 PM |
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Honestly speaking, it is difficult to buy Bitcoin for 100k$, unless you are a scalper. But if you're not a scalper and you don't know much about the ins and outs of the market, you'll have a bit of a hard time because instead of making a profit, you'll experience a loss. It's hard to keep up with them if they are professional traders and are already used to this kind of behavior. I hope you got what you wanted if pointed out to you.
Right now it will seem difficult but when the price of bitcoin has exceeded that and is higher for example then I don't think it will be much different from today. Let's reverse the conditions now where bitcoin is at $30k who will buy bitcoin at $60k or even more? It seems impossible right? but this is if you talk about a few years ago where bitcoin was at the previous ATH price then when $60k was a lot to buy so this condition will also definitely happen if bitcoin breaks the price of $100k or even more. Actually things like this depend on the problem of prices. Indeed now we find it difficult to buy bitcoin at that price but if bitcoin has touched that price and even if it is higher then the possibility of buying there is still possible. You are correct that the price of Bitcoin can be very high, and it might be difficult for most people to buy an entire Bitcoin worth $100,000 or more. However, it's important to remember that Bitcoin is divisible into smaller units called satoshis. One Bitcoin can be divided into 100 million satoshis, allowing investors to buy fractional Bitcoins even on a budget.
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Franctoshi
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July 11, 2023, 10:47:45 PM |
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When you buy Bitcoin when the price is 100k$ then how much will you sell it back to make a profit at that time the price of Bitcoin might not exceed 100k$ and if the price didn't exceed that amount you will become a loser in the business so how do the vendors do at that time? Or you buy at that time and think that it will go up to 200k$ but ironically, the price comes below 100k$. What will be your faith/fate? Many companies stopped functioning last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead, the price of Bitcoin drastically come down very well. So the companies enter bankruptcy and folded. So exchanges are trying to avoid such mistakes so that they can run a long journey.
Will the price pass 100k$ next year 2024 for buys to make their gain?
It is a normal thing in the market and it happened during the previous bull market cycles, and the scenario cannot be prevented totally because no one knows exactly where the market is going to top out. To answer your question from my perspective and from the little experience I got because I have once fallen victim to this during the 2017 bull market. First I will wait to get a clearer picture of the market direction to ascertain that the trend has changed, and we are heading into another bear market, then I will sell immediately at a small loss to accumulate back at a cheaper price using the DCA strategy.
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Quidat
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July 11, 2023, 11:14:24 PM |
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When you buy Bitcoin when the price is 100k$ then how much will you sell it back to make a profit at that time the price of Bitcoin might not exceed 100k$ and if the price didn't exceed that amount you will become a loser in the business so how do the vendors do at that time? Or you buy at that time and think that it will go up to 200k$ but ironically, the price comes below 100k$. What will be your faith/fate? Many companies stopped functioning last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead, the price of Bitcoin drastically come down very well. So the companies enter bankruptcy and folded. So exchanges are trying to avoid such mistakes so that they can run a long journey.
Will the price pass 100k$ next year 2024 for buys to make their gain?
It is a normal thing in the market and it happened during the previous bull market cycles, and the scenario cannot be prevented totally because no one knows exactly where the market is going to top out. To answer your question from my perspective and from the little experience I got because I have once fallen victim to this during the 2017 bull market. First I will wait to get a clearer picture of the market direction to ascertain that the trend has changed, and we are heading into another bear market, then I will sell immediately at a small loss to accumulate back at a cheaper price using the DCA strategy. Unless if you are a holder then these conditions or situations wont really be that much of an issue on which you would really be just simply be able to hold no matter what the price but if you are that someone who would really be having that kind of sell target then you should really be selling out on the peak. How to know the peak? This would really be depending on you because bull run isnt something that could be predicted on how long it would last. If you do able to sell on peak then its good but if not then you would really be needing to wait up for another cycle for you to sell out specially if you do enter on the market on a very high price. This is why it would be always recommended that you should put up target profits or selling point.
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Wend
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July 11, 2023, 11:32:42 PM |
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I guess you got them all wrong. The OP is asking who will be ready to buy Bitcoin if it crosses the $100k pet Bitcoin level, and the answer is quite simple: providing there are people who bought Bitcoin from the price at which it is right now until when it hits the $100k level, there will also be others who will be ready to buy at whatever price they happen to meet it. There will always be a change of ownership, where today's whales might not be the same as the people of the next decade's will refer to whales, so those bagging in preparation of what the price might be in the future will definitely be there to buy more at whatever price they meet it.
Funds will buy that believe that bitcoin will be very expensive, if we talk about large players. But besides this, there will also be ordinary retail investors who will believe that bitcoin can reach unprecedented heights, but history teaches us that buying on highs is a very bad idea and perhaps because of such rash actions you will have to sit under water for a very long time, with the hope of one day reaching breakeven again.Only long-time market participants know how bitcoin works, and they won't be in a hurry to buy it at a high price. But when bitcoin hits $100k, it excites and creates a huge Fomo, new entrants will buy at that price and expect a higher price. That's how the market has worked for years now. As long as volatility persists, bitcoin still makes a profit, even if bitcoin is worth $1 million, there will always be a need to buy and sell.
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rikybrosh
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July 11, 2023, 11:36:25 PM |
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this is a problem that we will have if we use DCA strategy. I think for those who experienced in bitcoin investment, they will avoid some time to buy bitcoin. bullish market time is shorter than other bitcoin market phases cycle. but DCA is still profitable in bitcoin investment. what is not so good decision is using lump sum at wrong time, buy a lot of bitcoin when the price is in near peak of bullish market time. and for me the best decision is using lump sum at correct time which is in the stable price phase, which happens after bearish market time, like now.
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EFS
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July 11, 2023, 11:37:56 PM |
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You may be new here but believe me these issues have been discussed when Bitcoin will be $1000 and also when it will be $10.000. You say who will buy Bitcoin when it will be 100k, there are those who expect Bitcoin to rise even higher, to reach 1 million dollars and beyond. Always aim higher prices. Bitcoin's deflationary nature allows this. The depreciation of the dollar and fiat money in general also contributes to this situation. Don't worry, Bitcoin finds buyers at any price. Even assets that have no value can be sold at exorbitant prices, while Bitcoin has a purpose and value, of course it will have more users.
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Ale88
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July 12, 2023, 12:58:33 AM |
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This is how people bought Bitcoin when it was under $100 When it crossed $68k people still bought Bitcoin the same way it even more people bought it.
One thing to note is that the popularity of Bitcoin is increasing day by day and as the price of Bitcoin is increasing, it is catching people's attention. so as many people buy bitcoin now, if the price of bitcoin is $100k, more people will buy. Because then the excitement about Bitcoin will start
True. Also, a lot of people just don't know the basics of investing like buy low, sell high. So when they see BTC hitting new ATH I guess they think it will keep it that way, but they don't realize that a lot of people are gonna sell it at that point and lower the price. It's not always like that, or at least at the beginning: I remember very clearly when, back on 2017, BTC reached $10k for the first time in history and a lot of people placed sell order just before $10k because everybody was sure that once we reached $10k then the price would have dropped and... It kept going up and up until almost $20k. After that we had a long bear market but for sure a lot of people who sold at ~$10k bought again at $12-14-16k because of the FOMO so they lost money not once but twice.
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