arabspaceship123
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October 16, 2023, 01:37:11 AM |
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It must've been over a period of time so you probably would've upgraded regularly. In total how much did you pay for your mining equipment over the years? I can't imagine mining's profitable when there's excessive numbers of miners trying to get rewards it's competitive. I expect 40-50k pre ½ ing and about 121k for full bull run number.
I mine I attack differently then a hodl guy or a trader guy.
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█████████████ ARABSPACESHIP 123 سفينة الفضاء العربية ١٢٣ ████████████ | | || | avatar & signature available to rent | || | | ██████████████████████ Hire me to design your websites ██████████████████████
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bayu7adi
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October 16, 2023, 02:05:57 AM |
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I know that these are all pure assumptions, but instead of speculating massive ATH and 3x or 4x returns, which are way too common in the forum, why not expect something that is more probable to happen in the near future? And to be honest, doubling your investment is a great yield that cannot easily be found in other forms of investment.
I, too, tend not to set my expectations too high for the next halving event, considering the widespread speculation that the price will soar above $100,000. It's not an incorrect notion, but I find myself content with figures below that milestone. Such a scenario is a rarity in other investment instruments, like stocks or bonds. Moreover, being a Bitcoin investor is relatively straightforward and lacks many other requirements. In essence, the ease of purchasing Bitcoin is rewarding enough, even with gains of 100% or 150%. Furthermore, we'll always have the opportunity to acquire more Bitcoin whenever we please, as the bearish and bullish aspects are integral elements that consistently influence Bitcoin's price movements.
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Minecache
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Vave.com - Crypto Casino
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October 16, 2023, 03:06:25 AM |
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I know that these are all pure assumptions, but instead of speculating massive ATH and 3x or 4x returns, which are way too common in the forum, why not expect something that is more probable to happen in the near future? And to be honest, doubling your investment is a great yield that cannot easily be found in other forms of investment.
I, too, tend not to set my expectations too high for the next halving event, considering the widespread speculation that the price will soar above $100,000. It's not an incorrect notion, but I find myself content with figures below that milestone. Such a scenario is a rarity in other investment instruments, like stocks or bonds. Moreover, being a Bitcoin investor is relatively straightforward and lacks many other requirements. In essence, the ease of purchasing Bitcoin is rewarding enough, even with gains of 100% or 150%. Furthermore, we'll always have the opportunity to acquire more Bitcoin whenever we please, as the bearish and bullish aspects are integral elements that consistently influence Bitcoin's price movements. It's good that you're not too greedy and set moderate goals for yourself to avoid regrets, but I find that a target of 100k$ or 120k$ is not too high for bitcoin in the upcoming bull season. I have even higher expectations than everyone's predictions, I believe bitcoin is completely capable of reaching $150k-180k. Many people say that investing in bitcoin is not a place to get rich quickly, but we should not deny that it is easier to make double or triple profits with bitcoin than with any other asset. That's why we invest in bitcoin instead of other options, so I still consider bitcoin a get-rich-quick investment more than other assets.
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Darker45
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October 16, 2023, 03:25:00 AM |
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I understand your down-to-earth predictions. Like me, you're also probably annoyed with those seemingly unrealistic targets. Sometimes, they seem nothing but wishful thinking.
But we can actually go back to what happened in the most recent past and see if these 3x or 4x returns within a year, which you observed as way too common in the forum, are probable.
The ATH was $69,044.77 and it was reached on the 10th of November 2021. On the 10th of November 2020, the price was just around $15,000. With this data alone, we can see that the price actually more than quadrupled in just a year's time. As a matter of fact, if we step back a little further to October of 2020, the price was just $10,000. Several months before that, the price was even much lower. It was just $5,000 in March of the same year.
Although we're already high at $27,000 right now, I'm still not discounting the possibility that it would at least x3 or x4 a year from now. That to me is still probable. That could still be a down-to-earth or realistic prediction.
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wxa7115
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October 16, 2023, 03:29:13 AM |
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Doubling one's investment within just months can only happen if one is involved with Bitcoin. Now, there can be other digital assets that can give us x10 or even x100 but they are too risky for anyone's taste so if one is still conservative in approach it is Bitcoin that can give us the best return. Admittedly though, no matter how optimistic we become with Bitcoin, there are many factors that come into play most especially the global economic and political state right now - there are many bad news which can be the reason why many people may not be looking at Bitcoin like a hot girl for someone's portfolio. Anyway, I am still hoping that we can achieve this goal - getting things doubled - by 2024 due to the halving push.
And one of the most important aspects of this is that you do not even need to wait for the bull run to come to obtain those results, when bitcoin dropped to 15k at November of 2022 you could have bought bitcoin and sell it at April of 2023 and double your money without too much of a problem. And while altcoins can give a greater performance, their movements are nowhere near as predictable than what you can find in bitcoin, meaning that the risk you will have to take to obtain those profits is many times higher, and this is simply unacceptable for a great deal of traders out there.
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arabspaceship123
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October 16, 2023, 03:34:10 AM |
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It isn't reasonable to believe Bitcoin's going to be reaching $100k in the next bull. It's going to get to the milestone one day but it isn't going to happen any time soon. You can't make money in shares like you're able to with Bitcoin so it's the unique asset. It's early days in the genesis of bitcoin so ppl can make money if they're trading carefully. It's good that you're not too greedy and set moderate goals for yourself to avoid regrets, but I find that a target of 100k$ or 120k$ is not too high for bitcoin in the upcoming bull season. I have even higher expectations than everyone's predictions, I believe bitcoin is completely capable of reaching $150k-180k.
Many people say that investing in bitcoin is not a place to get rich quickly, but we should not deny that it is easier to make double or triple profits with bitcoin than with any other asset. That's why we invest in bitcoin instead of other options, so I still consider bitcoin a get-rich-quick investment more than other assets.
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█████████████ ARABSPACESHIP 123 سفينة الفضاء العربية ١٢٣ ████████████ | | || | avatar & signature available to rent | || | | ██████████████████████ Hire me to design your websites ██████████████████████
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bitterguy28
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“FRX: Ferocious Alpha”
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October 16, 2023, 03:41:00 AM |
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Doubling our investment is multi purpose, you are doubling the amount of gains and multiplying once the market goes so high. The thing here is that are we truly capable of buying more? Or are we have enough inside our wallet to wait for another halving? This has been the problem in many ways that we wanted to add more in our crypto holding but wr have enough to risk so thats all we can have for now.
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Odohu
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October 16, 2023, 03:43:08 AM |
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With halving less than a year from now, the majority of us are speculating a major increase in price and possibly the start of another bull market after 4 years. Some are expecting to surpass the previous ATH of almost $70,000 and possibly reach $100,000. Although this scenario sounds great and all, I'm not quite confident that it'll happen in the upcoming year or so. The current economic condition in the world isn't too promising and, in my opinion, will set back investments in general, including bonds and the stock market. I hope I'm proven wrong, though.
However, I tend to have a more pessimistic and down-to-earth approach to this matter. Bitcoin's current price is ranging from $27,000 to $28,000 as we speak, while we will also occasionally see it as low as $25,000. With that being said, in my opinion, sometime after the halving, the scenario of Bitcoin surpassing $50,000 doesn't sound too impossible to me. Thus, if we suppose that someone purchases Bitcoin now, approximately within a year, he or she may be capable of doubling their initial investment.
I know that these are all pure assumptions, but instead of speculating massive ATH and 3x or 4x returns, which are way too common in the forum, why not expect something that is more probable to happen in the near future? And to be honest, doubling your investment is a great yield that cannot easily be found in other forms of investment.
I understand the angle you are coming from which is global economic realities. Furthermore, it is good to keep ones expectations moderate, this I also notice from your post. However, I think the money in the world is not lost, rather, it is just not circulating as it should that is why it seems there is no much money. But trust me, when the fundamentals aligns, there will be huge cash flow into Bitcoin that will make the price to soar. By fundamental aligning, I mean positive news such as the halving, ETF approval or any major news. So, even when I am not desperate to see 3x or 4x returns like you said, I will not rule out the possibilities because the potential is there. Nevertheless, the most important thing is to buy and hold and let the future decide.
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michellee
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October 16, 2023, 08:23:42 AM |
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Bitcoin price could increase to $50k in the next few months or before the halving. But if it is about investment, we can increase the investment amount by accumulating more Bitcoins during this waiting period. And that means we still have time to buy Bitcoin until the specified time arrives.
And when the Bitcoin price really rises and reaches $50k before the halving, we can feel happy because the price is very likely to rise very high again. Our desired price target of over $100k may be achievable. But for now, because the price of Bitcoin is still below $30k, we still have to be patient.
I am in no rush to sell my Bitcoin especially if it could reach $50k as my price target is above $60k. But I hope we can sell Bitcoin at the price we want so that there are no regrets later.
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Bitcoin Smith
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October 16, 2023, 08:48:21 AM |
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With halving less than a year from now, the majority of us are speculating a major increase in price and possibly the start of another bull market after 4 years. Some are expecting to surpass the previous ATH of almost $70,000 and possibly reach $100,000. Although this scenario sounds great and all, I'm not quite confident that it'll happen in the upcoming year or so. The current economic condition in the world isn't too promising and, in my opinion, will set back investments in general, including bonds and the stock market. I hope I'm proven wrong, though.
However, I tend to have a more pessimistic and down-to-earth approach to this matter. Bitcoin's current price is ranging from $27,000 to $28,000 as we speak, while we will also occasionally see it as low as $25,000. With that being said, in my opinion, sometime after the halving, the scenario of Bitcoin surpassing $50,000 doesn't sound too impossible to me. Thus, if we suppose that someone purchases Bitcoin now, approximately within a year, he or she may be capable of doubling their initial investment.
I know that these are all pure assumptions, but instead of speculating massive ATH and 3x or 4x returns, which are way too common in the forum, why not expect something that is more probable to happen in the near future? And to be honest, doubling your investment is a great yield that cannot easily be found in other forms of investment.
History repeats, that is what we knew with bitcoin after every cycle so as per that assumption the previous ATH was around $65K and if the bull run starts next year the peak value will be atleast 2x of its previous ATH so in my opinion $150K even possible at some point. It's all just speculation and no one can predict what will happen in the future, so if you are lucky then sure you can atleast make 400% returns by the end of bull season if you invest at current price.
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Nheer
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October 16, 2023, 09:29:48 AM |
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With halving less than a year from now, the majority of us are speculating a major increase in price and possibly the start of another bull market after 4 years. Some are expecting to surpass the previous ATH of almost $70,000 and possibly reach $100,000. Although this scenario sounds great and all, I'm not quite confident that it'll happen in the upcoming year or so.
There has always been an increase in price after every halving and as we all know halving takes place once every four years to help control the scarcity of bitcoin, not just a normal increase in price it has been known that bull run follows after each halving seeing butcoin rise to a new ATH. Every bitcoiner have been anticipating this for the past 3 years now waiting patiently to make use of this coming opportunity. No one knows for sure how far bitcoin price will rise as some people are even anticipating probable x10 and above as it did in the past. If you have witnessed a bull run before then you wouldn’t doubt the power of a bull run, i have not experienced it myself but people who did have told me stories about it that I can’t wait to witness it myself. They say a month is too long for bitcoin price to rise as high as possible so in rhe coming year am open to any expectation. The current economic condition in the world isn't too promising and, in my opinion, will set back investments in general, including bonds and the stock market. I hope I'm proven wrong, though.
This is true and it could actually affect investments but that doesn’t mean people will not invest and utilize the upcoming opportunity, alot of people have been making plans ahead for the coming bull market and it doesn’t matter how much you invested since there is no specific amount set as an investment target all that matters is not to miss out entirely on the opportunity. I know that these are all pure assumptions, but instead of speculating massive ATH and 3x or 4x returns, which are way too common in the forum, why not expect something that is more probable to happen in the near future? And to be honest, doubling your investment is a great yield that cannot easily be found in other forms of investment.
People who have experienced bull market are the ones making these predictions because they are aware of how bitcoin moves during these period but speculations are speculations and doesn’t really matter what we expect or not the most important thing is to be able to realize profits at that time. If you have the means to double your investment we should not hesitate to do so because the more your investment the more your profits.
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Kelvinid
Sr. Member
Offline
Activity: 2828
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win lambo...
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October 16, 2023, 09:53:17 AM |
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With halving less than a year from now, the majority of us are speculating a major increase in price and possibly the start of another bull market after 4 years. Some are expecting to surpass the previous ATH of almost $70,000 and possibly reach $100,000. Although this scenario sounds great and all, I'm not quite confident that it'll happen in the upcoming year or so. The current economic condition in the world isn't too promising and, in my opinion, will set back investments in general, including bonds and the stock market. I hope I'm proven wrong, though.
I'd expect a mix of speculations coming through - both negative and positive. But whatever it is none form them can be right, we only just know when the halving comes. For now, investing seems to be a great idea for me. Despite being unpredictable and the current economic situation, we're still hopeful that the rise will come and make another ATH. It means that if we invest today we have a chance of earning more than just investing a little. Actually, I'd never think about $70,000 or $100,000 but what I just think is that at least the price of Bitcoin will pump.
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ultrloa
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October 16, 2023, 10:07:49 AM |
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With halving less than a year from now, the majority of us are speculating a major increase in price and possibly the start of another bull market after 4 years. Some are expecting to surpass the previous ATH of almost $70,000 and possibly reach $100,000. Although this scenario sounds great and all, I'm not quite confident that it'll happen in the upcoming year or so. The current economic condition in the world isn't too promising and, in my opinion, will set back investments in general, including bonds and the stock market. I hope I'm proven wrong, though.
I'd expect a mix of speculations coming through - both negative and positive. But whatever it is none form them can be right, we only just know when the halving comes. For now, investing seems to be a great idea for me. Despite being unpredictable and the current economic situation, we're still hopeful that the rise will come and make another ATH. It means that if we invest today we have a chance of earning more than just investing a little. Actually, I'd never think about $70,000 or $100,000 but what I just think is that at least the price of Bitcoin will pump. Price speculation maybe more over than that since many think that this time would bring more different and price could able to reach more than $100,000 next year. But I will do realistic approach since I don't want to fall on wrong position that I may regret since for me I always put in my mind that whatever profit I get still good since it still profit so I would not wait for new ATH to be reach since maybe we might see a different halving effect for next year. But if price would really reach for the figures mentioned then for sure it will catch a lot of attention in the mainstream so lets just see if all good things we speculate will come since this might bring good adoption if price of bitcoin rise to another level. For people thinking about when to accumulate then maybe this is the best time for them to start saving up for hodl purposes since current price is actually good to execute our buy orders since maybe we can see some rise on next couple of months.
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.gustafson
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October 16, 2023, 10:31:41 AM |
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I appreciate your level-headed view on this. Too often, we get caught up in moonshots and Lambos, but doubling your investment is a win in most financial books. The crypto world's a rollercoaster, and your $50,000 prediction seems plausible. With the global economic uncertainty, it's good to keep both feet on the ground.
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Altryist
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October 16, 2023, 10:39:39 AM |
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Bitcoin price could increase to $50k in the next few months or before the halving. But if it is about investment, we can increase the investment amount by accumulating more Bitcoins during this waiting period. And that means we still have time to buy Bitcoin until the specified time arrives.
And when the Bitcoin price really rises and reaches $50k before the halving, we can feel happy because the price is very likely to rise very high again. Our desired price target of over $100k may be achievable. But for now, because the price of Bitcoin is still below $30k, we still have to be patient.
I am in no rush to sell my Bitcoin especially if it could reach $50k as my price target is above $60k. But I hope we can sell Bitcoin at the price we want so that there are no regrets later.
Bitcoin is a relatively young asset, so it has a lot of potential and I think that the initial plan should include a much higher probability than just doubling our investment. The average cycle that Bitcoin goes through takes 4 years, and hoping during this time to just double your investment is a very small profit with quite large risks, since in a traditional business you can also achieve a return on investment over a period of about 5 years. And since we are talking about Bitcoin, we should expect significantly larger profits over this period, I expect no less than x4-x5.
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freedomgo
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October 16, 2023, 10:41:48 AM |
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If we focus solely on the potential for profit, it's easy to say that the more we invest, the better, as it can yield a larger return. There's no limit when it comes to the possibility of a bull run. Maybe even $100k per Bitcoin could be considered a conservative prediction because, based on past scenarios, it can go much higher. It's much more exciting to expect a tenfold return on our investment, which means Bitcoin could potentially reach $300k. That might sound high, but it's possible. During a bull run, the hype is intense, and people often experience FOMO, leading to the possibility of an overvalued price. However, after every bull run, a correction period follows. But we can maximize our profits before the correction begins. Typically, during a correction, bitcoin can become oversold, making it undervalued, which is a good time to accumulate again.
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Wend
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October 16, 2023, 12:59:58 PM |
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Bitcoin price could increase to $50k in the next few months or before the halving. But if it is about investment, we can increase the investment amount by accumulating more Bitcoins during this waiting period. And that means we still have time to buy Bitcoin until the specified time arrives.
And when the Bitcoin price really rises and reaches $50k before the halving, we can feel happy because the price is very likely to rise very high again. Our desired price target of over $100k may be achievable. But for now, because the price of Bitcoin is still below $30k, we still have to be patient.
I am in no rush to sell my Bitcoin especially if it could reach $50k as my price target is above $60k. But I hope we can sell Bitcoin at the price we want so that there are no regrets later.
Bitcoin is a relatively young asset, so it has a lot of potential and I think that the initial plan should include a much higher probability than just doubling our investment. The average cycle that Bitcoin goes through takes 4 years, and hoping during this time to just double your investment is a very small profit with quite large risks, since in a traditional business you can also achieve a return on investment over a period of about 5 years. And since we are talking about Bitcoin, we should expect significantly larger profits over this period, I expect no less than x4-x5. You're right, investing in bitcoin forces us to take greater risks, so just setting goals and expectations of x2 or x3 assets is too modest. We need to expect and achieve greater returns commensurate with what we have faced in the last four to five years. I will not sell my bitcoin if it does not reach $150k or more, I have faith and expectation that bitcoin will easily reach that level in the upcoming bull run. If we only expect x2 profits in 4 years then I would rather be in business and I can make bigger profits than that.
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naira
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October 16, 2023, 01:11:31 PM |
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I know that these are all pure assumptions, but instead of speculating massive ATH and 3x or 4x returns, which are way too common in the forum, why not expect something that is more probable to happen in the near future? And to be honest, doubling your investment is a great yield that cannot easily be found in other forms of investment.
I call it a short-term investment, but for long-term holders, don't want to give up their Bitcoin holdings too early. 1 year after the Halving seems more reasonable and there will be more massive price movements. The principle of doubling an investment seems reasonable, but it also means that we quickly end the value of holdings over a long period of time just because we can't wait to take a bigger share. Let's say you sell it in the near future but can't recover the initial purchase price. Some investors buy Bitcoin at different prices so selling it at too early a price makes the profits less visible. Therefore, long-term holders choose to wait and maximize profits at the Halving moment.
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Lucius
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October 16, 2023, 01:26:53 PM |
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~snip~ However, I tend to have a more pessimistic and down-to-earth approach to this matter. Bitcoin's current price is ranging from $27,000 to $28,000 as we speak, while we will also occasionally see it as low as $25,000. With that being said, in my opinion, sometime after the halving, the scenario of Bitcoin surpassing $50,000 doesn't sound too impossible to me. Thus, if we suppose that someone purchases Bitcoin now, approximately within a year, he or she may be capable of doubling their initial investment.
The halving never caused the price to rise instantly, it happened only after 6+ months, and it is possible that there won't be a significant bull run until Q4 2024. However, I do not see it as unrealistic (or impossible) that we have a pre-halving effect that could perhaps cause a 25% to 50% price increase before April 2024. Anyone who invests today and gets the opportunity to earn 100% after 1 year should be happy if that happens, but if they don't want to risk it, keep the money in the bank or under the mattress. I know that these are all pure assumptions, but instead of speculating massive ATH and 3x or 4x returns, which are way too common in the forum, why not expect something that is more probable to happen in the near future? And to be honest, doubling your investment is a great yield that cannot easily be found in other forms of investment.
Halving is something that is definitely happening, but don't forget the possible approval of the spot BTC ETF in the US that can happen in the next few months, and most experts think that it will resonate very positively. In combination with the halving, it could very easily increase the price by at least x2 or more compared to the last ATH - which means that we could be talking about a price of $150k for 1 BTC sometime in late 2024 or 2025.
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arabspaceship123
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October 16, 2023, 01:40:36 PM |
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If you aren't in a rush to sell you'll have to time the sale to make most profits. Halving indicates to bitcoin's price going high but there isn't a regular pattern or rule for this. You don't want to hodl too long so you'll miss out on larger profits. The halving threads in the forum's getting frantic because of FOMO. I am in no rush to sell my Bitcoin especially if it could reach $50k as my price target is above $60k. But I hope we can sell Bitcoin at the price we want so that there are no regrets later.
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