Road to 100k?

[Salahmu]

2. Bitcoin's future has not been known yet, so why did you make it look as if your plan regarding it is of CERTAINTY?  Professional invetsors don't think like that, they plan ahead and manage their risk. You think Bitcoin is perfect and will SURELY reach the moon forever without any challanges? You are a dreamer thinking that way, the best is to face the market reality and act based on the real-time behaviour.

If I may ask is it because of the belief that the future of Bitcoin is uncertain that's why you choose trading?, no offense but I think is a wrong approach having that perception on the future of Bitcoin, however you can have a flashback years ago how it all started when some persons was also scared of investing on it all because they believe that the future is uncertain and look were it has brought us and now will also become a flashback in the future when Bitcoin must have gone more far, so why don't you see it from this perspective.

3. The DCA approach is lovely but there is limit to what it can do for you if you do not help yourself. Try to strike the market and peak when other investors are selling maybe the DCA approach would help you.

Can you clarify me on the limitation you mean? Because even myself DCA is my strategy and I have not seen or ran into any limitation since I started using it, however if what you mean is accumulation pattern, actually it doesn't even limit you in anyway because if you have enough money you can still accumulate as many as you want or even considering the Lump sum strategy, so there is no limitation is just from the way you understand it.

[LUCKMCFLY]

Merging two situations here is difficult meanwhile both ideas don’t match like I’m trying to say bitcoin investing is far different from social security but still it’s best we make the best decision for our investment and one can only make such decision looking at their financial capacity. Bitcoin as a retirement plan should be done when the person is still receiving monthly or weekly salary at the early moment, bitcoin investment has a lot of benefits compared to other investments because there’s a possibility your investment will grow and yield profit for those considering if they should save using bitcoin.

Yes, I understand what you say, what happened is that I speak for the situation of the country where I live, which is much better to be contributing in bitcoin which is something much better than in the retirement that is given by social security here, the benefits obtained with bitcoin frequently exceed all social security here, that is, if monthly we instead of paying social security we invest it in bitcoin the benefits will be unbeatable, and in turn there will be a great retirement, here a retirement for any person who has worked from 20 to 40 years is not something dignified, it is very little, starting from there is that I give the example, clearly in other countries the situation is not like that.

[sotelorene]

Absolutely speaking, instead on wondering whether the price of Bitcoin would drop or rise above 100k before the year ends, what I think is that every investor should get prepared for whatever the outcome maybe, if it gets above 100k as speculated by most investors then it's good for every holder but if it doesn't there's still no need to complain or counter anyone's previous statement since we're all not sure what the outcome may be but we're hoping for the price to Sky rocket above 100k Mark. I see some people saying that they don't think Bitcoin would get to 100k before the year ends and it's too late for that, what I think is that we still got about 3 more months before the year ends and there's a possibility of Bitcoin getting to that point, like I said earlier, let's just get ourselves prepared and see how it goes.

I also agree with you, no one can make sure prediction of Bitcoin. Bitcoin changes direction at its own will. There is no guarantee that Bitcoin will actually go to 100K by the end of this year, but there is some possibility of it in the next year. But we can't say anything for sure. So we have to be prepared for both, because the market can throw unexpected events at any time. So do not rush to invest for the purpose of long term holding. Suppose you decide to hold the investment for a long time, and whether the market conditions are up or down, you only need to focus on holding in the DCA method. The market will not always be bad. Now if it is dumping then there is no reason to fear, it will pump again, and to take advantage of that pumping you simply have to buy the time of the dump. Not only dump this but you have to buy regular using  DCA. then you will find something really good at some point.

You're right, until now we have not found someone who can accurately predict when the price of Bitcoin will increase at the end of this year or next year and I agree with you choosing to prepare yourself, of course, it will be better to continue to focus on the process of accumulating Bitcoin assets according to the ability we have to be able to survive in the long term and choosing to use the DCA method in the process of accumulating Bitcoin, of course, will always be benefit us when we can maintain these assets in the long term.

When you said someone have not accurately predict the price of Bitcoin yet seems you have forgotten that Bitcoin is a very volatile asset which makes its prediction so hard, that's why most traders incur loss due to inaccurate and wrong analysis. Secondly, predicting the market sometimes can be discouraging and it can also bring negative vibes if it doesn't go as predicted and since we are not traders it won't be necessary for us to be worrying about market prediction rather we should focus on making our portfolio.

If you are into Long term Bitcoin investment is not necessary to focus or your attention in the market price because doing that will sometimes reduce your interest or increase it, I'm not saying as a long term investor you should not check the market I'm saying you should not do it every day since you are not a trader and is not necessary.
If we are honest to our selfs we will all confess that when Bitcoin is growing higher in price we that are into Long term investment will be happy and our interest in Bitcoin will become more high but when is not and is even reducing in price our investment will reduce and that sometimes reduce the Accumulating percentage of some people especially newbies.

I disagree with your last statement because decrease in Bitcoin price doesn't reduce someone percentage of accumulating Bitcoin rather an investor who understands how Bitcoin works will double or increase his or her investment if they have the fund to..., the Dip we always talked about, is it not depreciation in Bitcoin price? There are investors who wait for the price of Bitcoin to depreciate so that they will take advantage, perhaps depreciation of Bitcoin doesn't reduce accumulating percentage rather it is an opportunity to double or increase investment provided there's funds to... Investors who has funds and doesn't invest when there's drop in Bitcoin means that they don't understand or belief in Bitcoin potential.

[Cryptoprincess101]

Each of us is free to tailor our approach to our situation, and if guys might have goals to accumulate BTC, yet they are engaging in selling BTC in order to accumulate BTC rather than mostly focusing on various buying techniques, that is their choice, as you seem to believe that selling BTC is a way to accumulate BTC, that is your choice to employ those kinds of smarter than everyone tactics, which I consider to be gambling and overly risk taking for an overwhelming majority of people to attempt to employ those kinds of more complicated techniques, yet they (and you too) are free to do whatever they (you) like, even mostly dumb and gambling things like that.

Sure everyone has the liberty to follow what they feel is better for them without trying to impose it on others who doesn't believe or buy the idea of following same path as you do, I can't even imagine how someone will accumulate an asset like Bitcoin and still think about trading it again within a short period of time. Don't know if they are still being doubtful about the price of Bitcoin reaching milestones in the future or they are afraid of market fluctuations and feels like investing for a long period of time may appear that they are wasting their time which on the contrary is not a waste of time.

Maybe I have been pushing back more on EarnOnVictor since he seems to be having these various kinds of seemingly sly ways of trying to suggest that DCA techniques can be improved upon by trading the known swings, which truly might be true, yet I doubt that it is a good idea for most regular people to be fucking around with trying to trade, especially if they have already concluded that they are fairly early in their BTC accumulation journey, and there are a lot of ways that people can screw up their whole BTC accumulation journey when they get distracted away from the employment of ongoing buying techniques and start to consider that they might be able to sell and buy back cheaper, which frequently contributes towards people losing on what should be a winning investment.

But am yet to comprehend how the DCA strategy can be employed with the idea of buying at DIP prices and selling when the price skyrockets and then when it DIP again you rebuy and DCA it sounds like moving away from the real DCA strategy since the DCA doesn't really need selling your Bitcoins at some point but rather continues buying no matter the price of Bitcoin at that particular interval of time when you DCA. The DCA is an easy way of accumulating Bitcoins at a convenient time so combining buying and selling of your assets when you are supposed to be buying and just hodling looks very risky and stressful and with that mindset it can lead to not being able to buy back again because if you sell at high price and expect a DIP to come and it didn't come it means you can't buy back at the price you sold again.

[AirtelBuzz]

We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.

I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?

We saw Bitcoin touch $70,000 and then settle back around $740,000. From around $74,000, Bitcoin dumped to $49,000. Bitcoin is currently between $56,000 and $57,000. But here we can see that Bitcoin did not go above $74k but definitely went down. But many have predicted that Bitcoin will be $100,000 in 2024 but I don't support it much but I do support that Bitcoin will be $100,000 in 2025.

Pumping and dumping the price of Bitcoin is normal, but if you pay attention to the price of Bitcoin around 2010, you will definitely see a very low price of Bitcoin. And it's usually a halving cycle with bitcoin prices touching $74,000 in a few steps. But those who invested around 2013 are largely successful today, and many who have been investing in Bitcoin for a long time following the DCA method are largely successful today.

This is to be patient with bitcoin investment and own enough bitcoins. At the time you mentioned Bitcoin was just starting its journey in cryptocurrency and maybe the price of Bitcoin was not so attractive. Back then no one could have imagined then that Bitcoin would be held for a long time and they would never have thought that the price of Bitcoin could rise so much. But since then, the price of Bitcoin has continued to rise, attracting investors. Those who bought bitcoins at low prices and held them for long periods of time are certainly some of the most successful investors of all time.

While we may invest in the present and be as successful as them in the future, we need to buy bitcoins in any market conditions so that we don't regret it later when the price of bitcoins skyrockets. Look at how low the price of Bitcoin went earlier this month many imagined and even said that the price of Bitcoin might go below $50k dollars very soon. Bitcoin Resurgence Again Bitcoin Touches $60K Dollars So why not buy bitcoin if you have enough funds, never delay thinking that the market price will dip further, the market may come back from there and leave you regretting.

[JayJuanGee]

2. Bitcoin's future has not been known yet, so why did you make it look as if your plan regarding it is of CERTAINTY?  Professional invetsors don't think like that, they plan ahead and manage their risk. You think Bitcoin is perfect and will SURELY reach the moon forever without any challanges? You are a dreamer thinking that way, the best is to face the market reality and act based on the real-time behaviour.

If I may ask is it because of the belief that the future of Bitcoin is uncertain that's why you choose trading?, no offense but I think is a wrong approach having that perception on the future of Bitcoin, however you can have a flashback years ago how it all started when some persons was also scared of investing on it all because they believe that the future is uncertain and look were it has brought us and now will also become a flashback in the future when Bitcoin must have gone more far, so why don't you see it from this perspective.

3. The DCA approach is lovely but there is limit to what it can do for you if you do not help yourself. Try to strike the market and peak when other investors are selling maybe the DCA approach would help you.

Can you clarify me on the limitation you mean? Because even myself DCA is my strategy and I have not seen or ran into any limitation since I started using it, however if what you mean is accumulation pattern, actually it doesn't even limit you in anyway because if you have enough money you can still accumulate as many as you want or even considering the Lump sum strategy, so there is no limitation is just from the way you understand it.

I doubt that EarnOnVictor or the other guys promoting trading are doing as great when the BTC price goes into breaking upward periods, like it seems to be doing now, since they cannot really get the ups and downs correct, and then when the BTC price goes up, they are caught outside of their trade and with fewer bitcoin than they should have had.

Guys who have been DCA buying are doing quite a bit better in these kinds of times, yet of course, the DCA buyers don't really need to worry about short term profits anyhow, especially if he has a 4-10 year or longer timeline, he might not really be going to consider his potential selling options until 10-15 or maybe even further down the road, depending a bit on the accumulation circumstances and his having had met some of his own overall financial goals in terms of even other investments that he might have, too.  I doubt that EarnOnVictor  is going to give you any insights in regards to the kinds of techniques (that involve selling) in how that is actually going to give you any systematic kinds of ways to improve upon DCA techniques that largely focus on ongoing buying and various techniques to manage your cashflows... he might teach you how to get scared and how to value your BTC in terms of short-term cash that you might withdraw from it... but that's not likely to meaningfully help you as much as just holding your BTC in the long term and allowing time play its course, including your being able to actually increase your chances of feeling the power of compounding value that comes from long term holding rather than fucking around with trading, and getting deceived into thinking that you are investing and believing that you are going to be able to outperform DCAing.

[edited out]

And I don't seem to understand why you're not seeing or getting what I said about Bitcoin price not getting up to $60k before the end of September. I said Bitcoin price can't get up to $60k this month, and first of all is just a speculation and it may or may not happen but it doesn't mean $60k is my highest or something, that's what I feel, is my opinion. It won't be this month of September because to me I don't see any positive move that I'd say it will get to $60k and why make it look like I don't know what I'm saying,

I get what you are saying.  You just said it again, which is that you think that it is close to impossible for BTC prices to go above $60k in September, and I already responded to what you said.

Hi @Sexylizzy2813. 

How is your "bitcoin never going to $60k in September" going for you?

Hopefully with your arrogance and your cock-suredness, you did not fail and/or refuse to buy BTC in late August and/or early September while you were preparing for the dip that has not yet happened, and then the BTC price going in the opposite direction than you expected.. which truly is not unusual for bitcoin to go through these kiindsof price moves and not necessarily to follow dictates of the calendar year (if that was part of the reason for your being so sure), and frequently the exponential s-curve adoption aspects of bitcoin is a reason to ongoingly be preparing for UP, especially as a newbie who is likely in his first cycle and also likely has not already reached a status of overaccumulation, which would be one of the ONLY excuses for not continuing to accumulate BTC for any newbies, lowcoiner and/or no coiners who supposedly already knows about bitcoin.. When you know about bitcoin, you should be buying it until you reach overaccumulatoin rather than either employing waiting strategies, and/or failing/refusing to regularly be buying it.

[Ricardo11]

That`s bitcoin investment is all about one  being patient and same time having enough bitcoin stashes . Because those that sold their bitcoin early, always endup regretting in a long run most time . Due to lack of patient with their bitcoin stashes, and most time some folks just want to make big quick , without knowing that bitcoin investment is more about the future because bitcoin is coin that have prove to be among one of the best investment so far due to it`s epic past perfomance in the past years . so anyone that keep procrastinating or seeing bitcoin as a ponzi scheme is their loss because while others are    busy accumulating and testifying , they will be there wasting their time  procrastinating and doubting

Bitcoin is going up now, it has crossed the 60K level, now it is likely to pump, those who sold when it was below 55K, will regret it after some time. Patience is very important in Bitcoin investment, those who are greedy and stupid don't know how long-term wealth potential Bitcoin is. Bitcoin is not a get-rich-quick scheme. The more patience an investor has here, the more profitable he will be. So those who are holding Bitcoin will have much bigger portfolios in the future, and those fools who are wasting time now and extending from Bitcoin will regret it in the future. So instead of wasting time in doubt and uncertainty, make up your own mind, research the history of Bitcoin and see how feasible it is. And do good research, come back to Bitcoin in time and only then you will get something good.

[laijsica]

[edited out]

And I don't seem to understand why you're not seeing or getting what I said about Bitcoin price not getting up to $60k before the end of September. I said Bitcoin price can't get up to $60k this month, and first of all is just a speculation and it may or may not happen but it doesn't mean $60k is my highest or something, that's what I feel, is my opinion. It won't be this month of September because to me I don't see any positive move that I'd say it will get to $60k and why make it look like I don't know what I'm saying,

I get what you are saying.  You just said it again, which is that you think that it is close to impossible for BTC prices to go above $60k in September, and I already responded to what you said.

Hi @Sexylizzy2813. 

How is your "bitcoin never going to $60k in September" going for you?

Hopefully with your arrogance and your cock-suredness, you did not fail and/or refuse to buy BTC in late August and/or early September while you were preparing for the dip that has not yet happened, and then the BTC price going in the opposite direction than you expected.. which truly is not unusual for bitcoin to go through these kiindsof price moves and not necessarily to follow dictates of the calendar year (if that was part of the reason for your being so sure), and frequently the exponential s-curve adoption aspects of bitcoin is a reason to ongoingly be preparing for UP, especially as a newbie who is likely in his first cycle and also likely has not already reached a status of overaccumulation, which would be one of the ONLY excuses for not continuing to accumulate BTC for any newbies, lowcoiner and/or no coiners who supposedly already knows about bitcoin.. When you know about bitcoin, you should be buying it until you reach overaccumulatoin rather than either employing waiting strategies, and/or failing/refusing to regularly be buying it.

It's really amazing to see the value of Bitcoin leaps and bounds back and hopefully another step towards will reach $100k within this year. Many were preparing to dive in especially new investors who were preparing for Bitcoin price to drop below $50k and tend to buy more. Newbie investors should tend to continuously manage DCA and hold accordingly without looking for alternatives. Deposits should continue regularly and uninterruptedly regardless of Bitcoin's corrections. In fact, if an investor tends to buy bitcoins at every price point, his UP will gradually decrease where holding more means less capital investment.

It is expected that the FED will reduce their interest rates in a very short period of time, which may have a positive effect on the price of Bitcoin in the near future.  Although the price of Bitcoin is likely to correct further in the future, it is recommended not to expect that and continue holding.

[EclipseXcrypto]

[edited out]

And I don't seem to understand why you're not seeing or getting what I said about Bitcoin price not getting up to $60k before the end of September. I said Bitcoin price can't get up to $60k this month, and first of all is just a speculation and it may or may not happen but it doesn't mean $60k is my highest or something, that's what I feel, is my opinion. It won't be this month of September because to me I don't see any positive move that I'd say it will get to $60k and why make it look like I don't know what I'm saying,

I get what you are saying.  You just said it again, which is that you think that it is close to impossible for BTC prices to go above $60k in September, and I already responded to what you said.

Hi @Sexylizzy2813.  

How is your "bitcoin never going to $60k in September" going for you?

Hopefully with your arrogance and your cock-suredness, you did not fail and/or refuse to buy BTC in late August and/or early September while you were preparing for the dip that has not yet happened, and then the BTC price going in the opposite direction than you expected.. which truly is not unusual for bitcoin to go through these kiindsof price moves and not necessarily to follow dictates of the calendar year (if that was part of the reason for your being so sure), and frequently the exponential s-curve adoption aspects of bitcoin is a reason to ongoingly be preparing for UP, especially as a newbie who is likely in his first cycle and also likely has not already reached a status of overaccumulation, which would be one of the ONLY excuses for not continuing to accumulate BTC for any newbies, lowcoiner and/or no coiners who supposedly already knows about bitcoin.. When you know about bitcoin, you should be buying it until you reach overaccumulatoin rather than either employing waiting strategies, and/or failing/refusing to regularly be buying it.

Bitcoin growth is inevitable,  I think it's an eye opener for those who keeps doubting the credibility of bitcoin potentials. Instead of focusing on building and growing solid portfolio for long term  they give attentions to short term market fluctuations. Earlier the price was going down as low as 48 -50k but Right now its at $60k , in Bitcoin investment whenever the price  is going down its a great opportunity to take advantage of by accumulating more Bitcoin at lower prices rather than allowing emotions to come into play in your investment decisions.  Most investors can learn from this situation on how bitcoin works, it important for investors especially with lower coiner/ newbies to keep accumulating bitcoin until they reach an overaccumulating stage, shouldn't give attentions to market price. Timing the market is very challenging but keeping it consistent with your accumulation is a more reliable approach for a long-term perspective.

[Ambatman]

That`s bitcoin investment is all about one  being patient and same time having enough bitcoin stashes . Because those that sold their bitcoin early, always endup regretting in a long run most time . Due to lack of patient with their bitcoin stashes, and most time some folks just want to make big quick , without knowing that bitcoin investment is more about the future because bitcoin is coin that have prove to be among one of the best investment so far due to it`s epic past perfomance in the past years . so anyone that keep procrastinating or seeing bitcoin as a ponzi scheme is their loss because while others are    busy accumulating and testifying , they will be there wasting their time  procrastinating and doubting

Bitcoin is going up now, it has crossed the 60K level, now it is likely to pump, those who sold when it was below 55K, will regret it after some time. Patience is very important in Bitcoin investment, those who are greedy and stupid don't know how long-term wealth potential Bitcoin is. Bitcoin is not a get-rich-quick scheme. The more patience an investor has here, the more profitable he will be. So those who are holding Bitcoin will have much bigger portfolios in the future, and those fools who are wasting time now and extending from Bitcoin will regret it in the future. So instead of wasting time in doubt and uncertainty, make up your own mind, research the history of Bitcoin and see how feasible it is. And do good research, come back to Bitcoin in time and only then you will get something good.

Sadly FOMO would soon start creeping in
Many that missed the dip would buy at a resistance and if it does correction
They sell because they are swayed by the market.
Bitcoin is not a get rich schemes
Is more than been a speculative asset.
Focus on the quantity rather than the current market value.
It does help me during the dip, and I don't want individuals that would come here years later to start trying to understand my IQ level for missing to buy @ the $50K's.

$1000 dollar today is not the  same tomorrow
1000 BTC today is not the same tomorrow
Though similar statement, the former depreciates in value while the later appreciates.
$1000 dollar now could have a value of $100 in the next five years
While the reverse is the case of Bitcoin
Is up to you to decide if you about the now or the future.

[MainIbem]

Hi @Sexylizzy2813. 

How is your "bitcoin never going to $60k in September" going for you?

Hopefully with your arrogance and your cock-suredness, you did not fail and/or refuse to buy BTC in late August and/or early September while you were preparing for the dip that has not yet happened, and then the BTC price going in the opposite direction than you expected.. which truly is not unusual for bitcoin to go through these kiindsof price moves and not necessarily to follow dictates of the calendar year (if that was part of the reason for your being so sure), and frequently the exponential s-curve adoption aspects of bitcoin is a reason to ongoingly be preparing for UP, especially as a newbie who is likely in his first cycle and also likely has not already reached a status of overaccumulation, which would be one of the ONLY excuses for not continuing to accumulate BTC for any newbies, lowcoiner and/or no coiners who supposedly already knows about bitcoin.. When you know about bitcoin, you should be buying it until you reach overaccumulatoin rather than either employing waiting strategies, and/or failing/refusing to regularly be buying it.

Here is another prove that the market remains supreme, anyone can just wake up one morning and give any analysis and predict whatever they want but they shouldn't be too sure of their predictions cause it could go the other way and make them disappointed, at this point the only thing I'll tell Bitcoin enthusiasts who are seriously investing on Bitcoin is to keep accumulating more regardless on any price, we've seen that the price has got to 60k, you could wake up one morning to a price above that or even below but then accumulating more should be your target. The (I'll do it later when the price drop) excuse has made many investors miss out cause while they were still contemplating and waiting for a possible dip, the price goes up, the dip might be a good time to accumulate Bitcoin at lower rate but then any entry point is still okay so far the investor keeps accumulating over time regardless of price dip or upsurge, you're right Jay newbies should quit the waiting game and focus on accumulating more.

[UchihaSarada]

I doubt that EarnOnVictor or the other guys promoting trading are doing as great when the BTC price goes into breaking upward periods, like it seems to be doing now, since they cannot really get the ups and downs correct, and then when the BTC price goes up, they are caught outside of their trade and with fewer bitcoin than they should have had.

Trading is easy in theory, demo and on paper but in practice, it's hard or let's say super hard to get two things done: protect trading capital, get profit from trading. None of these two things are easy to done with good results for traders. Most of traders fail in both things, it means they don't get profit and lose their original trading capital too.

Trading requires very active actions in the market and it's overwhelming with many people while investment, for example, with DCA strategy, requires less active actions, and somewhat let's say investment brings passive income with less required activities in the live market.

[Taskford]

Bitcoin growth is inevitable,  I think it's an eye opener for those who keeps doubting the credibility of bitcoin potentials. Instead of focusing on building and growing solid portfolio for long term  they give attentions to short term market fluctuations. Earlier the price was going down as low as 48 -50k but Right now its at $60k , in Bitcoin investment whenever the price  is going down its a great opportunity to take advantage of by accumulating more Bitcoin at lower prices rather than allowing emotions to come into play in your investment decisions.  Most investors can learn from this situation on how bitcoin works, it important for investors especially with lower coiner/ newbies to keep accumulating bitcoin until they reach an overaccumulating stage, shouldn't give attentions to market price. Timing the market is very challenging but keeping it consistent with your accumulation is a more reliable approach for a long-term perspective.

There's no question with that matter but the only thing make people doubt is the volatility, but many times that bitcoin proves that there's no rug pull thing gonna happen to it since even if there's big challenges camp up bitcoin still manage to recover back that's why we are here seeing bitcoin still doing strong and make those long term holder earn good profits from it.

But right now when using DCA method I don't see only the dump is good opportunity to acquire. Since even the pumps is good price to acquire. I didn't look much on the price since what I'm thinking is that funds I use for now to invest with bitcoin is for future used. So price really don't matter at all and I believe other those people who are into DCA are thinking the same way to. But let see in future on what will be the end point of our journey since for sure bitcoin has lot to offer for us bitcoin holders.

[Marvelockg]

$1000 dollar today is not the  same tomorrow
1000 BTC today is not the same tomorrow
Though similar statement, the former depreciates in value while the later appreciates.
$1000 dollar now could have a value of $100 in the next five years
While the reverse is the case of Bitcoin
Is up to you to decide if you about the now or the future.

when you even relate $1000 of yesterday to it purchasing power as at today, instead of the amount to remain of the same value, it even depreciates in value with time. Save up $30k in the bank or in any place where you're certain that it form will remain intact and leave it that way till the next four years and take it back to check it value. A lot of the things you could buy with such amount of money at that time would have done at least 5× it current price while your money remains the way it is. The only way you're certain that regardless of the inflation that's ravaging the world, your funds is also gaining as the price of goods and services is gaining and that it's even possibly doing better than that kind of increase in price of goods is to invest it in a good asset like Bitcoin.

Even If you're not able to get so much BTC and you were only able to buy as much as you finance can carry, it's still far rewarding than when you left the little excess you have in fiat form allowing it to suffer from inflationary tendency over the period of time you plan leaving it. From result past holders had and the expected returns those buying below the $100k mark will have, now is certainly the best period to buy as much as we can buy now that we're still below the $100k mark.

[asarfiar]

We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.

I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?

Bitcoin is the world's top asset creating a stir in the current online system in the crypto world. 1 trillion from today it will grow bigger and bigger we must accept this fact. Bitcoin will eat up all other weak assets, for example all properties will fall at a price that represents their true value, and its inhabitants will not get wet in a moment of rain.

Earlier we saw the ups and downs of Bitcoin as BTC was trading at around $59,228, with a market cap of $1.17 trillion, representing a 2.95% decline, before hitting an all-time high of around $69,170, reaching $70,000. Subsequently, the maximum was exceeded, reaching $73,000 approx.

So I think the Bitcoin investment movement should continue moving forward.

[JayJuanGee]

I doubt that EarnOnVictor or the other guys promoting trading are doing as great when the BTC price goes into breaking upward periods, like it seems to be doing now, since they cannot really get the ups and downs correct, and then when the BTC price goes up, they are caught outside of their trade and with fewer bitcoin than they should have had.

Trading is easy in theory, demo and on paper but in practice, it's hard or let's say super hard to get two things done: protect trading capital, get profit from trading. None of these two things are easy to done with good results for traders. Most of traders fail in both things, it means they don't get profit and lose their original trading capital too.

Trading requires very active actions in the market and it's overwhelming with many people while investment, for example, with DCA strategy, requires less active actions, and somewhat let's say investment brings passive income with less required activities in the live market.

Surely, it is possible to end up getting a passive income from investing, yet you still have to spend time building your BTC stash up to a significantly high enough amount in order to start to employ some kind of a sustainable withdrawal system... Even though it is possible to begin to employ some kind of a time-based sustainable withdrawal system with almost any amount, it is likely not going to be a good thing to start to employ any such time-based sustainable withdrawal system when the amount of value in the holding is not very high.  I personally also believe that as long as you are valuing your BTC holdings at bottom prices, such as the 200-WMA, then you likely could start to employ something close to a 10% annual time-based withdrawal system with bitcoin as opposed to 4% annual time-based withdrawal systems in the traditional investment systems. but still if you are barely reaching your amounts then it likely is safer to either not start to employ any withdrawal system or to employ lower levels of withdrawal rates until you have clearly reached a status of overaccumulation.. where the value of your holdings exceed the amount that you need.

So, under traditional systems, if you were to want to have around $6,666 per month in income, you would need to have $2 million to be able to withdraw at a 4% annual rate; however, with bitcoin if you are able to accomplish a 10% annual withdraw rate, then you only need $800k in order to achieve the same monthly withdrawal rate.. and so personally I still say that you should be valuing your BTC at the 200-WMA rather than valuing it at spot price in order to determine when you have reached such BTC accumulation threshold, which currently you would need right around (or more than 20.5 BTC) in order to achieve at least $800k in value in line with the 200-WMA, and most likely you would be safe to perpetually withdraw at a rate of $80k per year or $6,666 per month in a passive income kind of a way.

Personally, I would prefer to error a bit on the side of overaccumulating before starting to employ such an ongoing withdrawal strategy, and surely if you are close to the goal but not quite there, you might even decide to start out withdrawing some fraction of the amount, and let BTC grow to reach your amount, so for example if you need 20.5 BTC in order to reach your goal and to start to withdraw at your target rate, but you ONLY have so far accumulated 17 BTC, and if no longer want to build your BTC size and you want to start to withdraw, then maybe you could withdraw at less than half the rate, such as $3k per month, until the value of your remaining BTC increases in value to the amount that would allow you to withdraw $6,666 per month. It may take a year or two to reach such 200-WMA valuation status that it would allow you to withdraw at your target rate of $6,666 per month, yet in the meantime you could start to withdraw at such lower $3k per month rate and let your BTC continue to grow (that is with the assumption that you cannot or don't want to continue to build the size of your BTC stash).....and of course, the lower the level of your accumulation cushion (and you are not in overaccumulation status) then the more risky it becomes to start to engage in aggressive levels of withdrawal, even though there still could be ways to reasonably expect to make it to your goal without even relying on guarantees that the 200-WMA will continue to go up at the rates that historically it has done.. and so far historically the 200-WMA has not failed to go up at least 20% in any annual period.  You can see my fuck you status chart for those historical 200-WMA performance numbers.

[Promocodeudo]

Bitcoin growth is inevitable,  I think it's an eye opener for those who keeps doubting the credibility of bitcoin potentials. Instead of focusing on building and growing solid portfolio for long term  they give attentions to short term market fluctuations. Earlier the price was going down as low as 48 -50k but Right now its at $60k , in Bitcoin investment whenever the price  is going down its a great opportunity to take advantage of by accumulating more Bitcoin at lower prices rather than allowing emotions to come into play in your investment decisions.  Most investors can learn from this situation on how bitcoin works, it important for investors especially with lower coiner/ newbies to keep accumulating bitcoin until they reach an overaccumulating stage, shouldn't give attentions to market price. Timing the market is very challenging but keeping it consistent with your accumulation is a more reliable approach for a long-term perspective.

There's no question with that matter but the only thing make people doubt is the volatility, but many times that bitcoin proves that there's no rug pull thing gonna happen to it since even if there's big challenges camp up bitcoin still manage to recover back that's why we are here seeing bitcoin still doing strong and make those long term holder earn good profits from it.

But right now when using DCA method I don't see only the dump is good opportunity to acquire. Since even the pumps is good price to acquire. I didn't look much on the price since what I'm thinking is that funds I use for now to invest with bitcoin is for future used. So price really don't matter at all and I believe other those people who are into DCA are thinking the same way to. But let see in future on what will be the end point of our journey since for sure bitcoin has lot to offer for us bitcoin holders.

If we understand volatility, we wouldn't doubt or panick because of it, because it favours but the dip and dump, I believe that this fact is supposed to give us the courage to keep accumulating with a means thats easy for us steadily, slowly and continuously hence we know that no matter how volatile Bitcoin asset is, it must surely favour us as we keep accumulating and hodling for a long-term, when we talk about buying of Bitcoin we should first and foremost understand that DCA method give us the opportunity to buy anytime and i believe this the approach for a small scale buyers to buy at easy without any form of interuption hence they are using what they can afford to buy consistently.

Personally I dont see people that are waiting for the price of Bitcoin to dump before they start their journey as serious people, I  just see them as people that are after buying dip to wait for a little appreciation in the price to sell off, these set of people can also be regarded as shorttimers and sometimes they may not succeed in buying because before Bitcoin dips they might have used the fund meant for the investment, in conclusion, since we know that our target is the future, waiting shouldn't be encouraged rather we should keep buying as much as we can comtiously irrespective of the price at all time and hodl for the long-term benefit.

[Ruttoshi]

Bitcoin growth is inevitable,  I think it's an eye opener for those who keeps doubting the credibility of bitcoin potentials. Instead of focusing on building and growing solid portfolio for long term  they give attentions to short term market fluctuations. Earlier the price was going down as low as 48 -50k but Right now its at $60k , in Bitcoin investment whenever the price  is going down its a great opportunity to take advantage of by accumulating more Bitcoin at lower prices rather than allowing emotions to come into play in your investment decisions.  Most investors can learn from this situation on how bitcoin works, it important for investors especially with lower coiner/ newbies to keep accumulating bitcoin until they reach an overaccumulating stage, shouldn't give attentions to market price. Timing the market is very challenging but keeping it consistent with your accumulation is a more reliable approach for a long-term perspective.

There's no question with that matter but the only thing make people doubt is the volatility, but many times that bitcoin proves that there's no rug pull thing gonna happen to it since even if there's big challenges camp up bitcoin still manage to recover back that's why we are here seeing bitcoin still doing strong and make those long term holder earn good profits from it.

But right now when using DCA method I don't see only the dump is good opportunity to acquire. Since even the pumps is good price to acquire. I didn't look much on the price since what I'm thinking is that funds I use for now to invest with bitcoin is for future used. So price really don't matter at all and I believe other those people who are into DCA are thinking the same way to. But let see in future on what will be the end point of our journey since for sure bitcoin has lot to offer for us bitcoin holders.

If we understand volatility, we wouldn't doubt or panick because of it, because it favours but the dip and dump, I believe that this fact is supposed to give us the courage to keep accumulating with a means thats easy for us steadily, slowly and continuously hence we know that no matter how volatile Bitcoin asset is, it must surely favour us as we keep accumulating and hodling for a long-term, when we talk about buying of Bitcoin we should first and foremost understand that DCA method give us the opportunity to buy anytime and i believe this the approach for a small scale buyers to buy at easy without any form of interuption hence they are using what they can afford to buy consistently.

Personally I dont see people that are waiting for the price of Bitcoin to dump before they start their journey as serious people, I  just see them as people that are after buying dip to wait for a little appreciation in the price to sell off, these set of people can also be regarded as shorttimers and sometimes they may not succeed in buying because before Bitcoin dips they might have used the fund meant for the investment, in conclusion, since we know that our target is the future, waiting shouldn't be encouraged rather we should keep buying as much as we can comtiously irrespective of the price at all time and hodl for the long-term benefit.

There's time for everything as the bible says and what makes a man successful is doing the right thing at the right time. This is the same for bitcoin investment. There's a time to buy at the dip and a time to use DCA available method and keep it ongoing without stopping. A new investor just started his bitcoin journey is not to wait for the dip because that's not the right time. He should concentrate more on accumulating more bitcoin weekly or monthly regularly for 4-10 years and above till he has reached his bitcoin target.

On the one hand those investors that waits for the dip before buying bitcoin portfolio is large in size or have reached their maintenance level, waiting for the dip will not be a problem to them. These set of investors once accumulated bitcoin with DCA in their early stage when they just started their bitcoin journey and that was how they were able to reach their bitcoin investment maintenance stage and they can relax now to buy at the dip.

So why will you as a new investor want to be relaxing and feeling as if you already have a good amount of bitcoin in your portfolio when you have nothing or little using buying at the dip as an excuse to slow down your bitcoin accumulation journey. Times waits for no man likewise bitcoin price, use the opportunity now that you are capable to buy bitcoin regularly with DCA because a time will come that your actions now is what will determine your future financial strength.

[Samlucky O]

We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.

I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?

We saw Bitcoin touch $70,000 and then settle back around $740,000. From around $74,000, Bitcoin dumped to $49,000. Bitcoin is currently between $56,000 and $57,000. But here we can see that Bitcoin did not go above $74k but definitely went down.

You are right but I want to correct the impression that bitcoin has not hit and all time high of $74k rather $73,737.94 It was around March 14, 2024. though it may be close but not exactly $74k you know any little error may Leed to wrong speculation. 

But many have predicted that Bitcoin will be $100,000 in 2024 but I don't support it much but I do support that Bitcoin will be $100,000 in 2025.

Wether you support bitcoin to hit $100k by the end of 2024 or by 2025, it doesn't really matter. to me I think now is even the right time to buy more of it and stack since it hasn't gotten to the $100k peak. Sometimes I just feel like   btc is waiting for people to accumulate enough before hitting the road to $100k but yet people neglect the signs, only to regret after hitting $100k and above. Missing to buy btc at the appropriate time is like missing a flight at the airport, which means even if you will travel it will be rescheduled for another day.

[EarnOnVictor]

I doubt that EarnOnVictor or the other guys promoting trading are doing as great when the BTC price goes into breaking upward periods, like it seems to be doing now, since they cannot really get the ups and downs correct, and then when the BTC price goes up, they are caught outside of their trade and with fewer bitcoin than they should have had.

Hahaha...you can't just cease to amaze me about this "trading" you always bring into the picture, where are you seeing that? If anyone didn't align with your concept of short-term investment, you assume it to be trading, but how? That is what you've not proven since, even as we are all learning.

You don't have to accept this, but in investing, there are short, medium and long-term investment methods, so why should I be forced to accept only the long-term investment scope despite having two alternatives left? However, the one you choose at a particular time should depend on your plan/vision for the asset (which is your own style you like people to always only believe) and the prevailing market condition (smart investing that needs variant methods). You can't expect me to be static by applying the same principle and strategy to different market conditions, that must have meant that I am not dynamic like the market itself, I am certainly not that kind of a person.

And if you must know, I HODL Bitcoin as well, only that I diversify my plan and strategy/approach, unlike you. Now tell me, who is smarter? The person with only one view at the mercy of a future that no one knows yet, or the person who varies his views/risks and has multiple approaches for earning and better management in case of the unexpected?

Lastly, DCAing and HODLing are not the only ways to earn through Bitcoin investment, I do apply them as well, but they can't and will never be my only way, you might also want to upgrade. I can't be a static investor, and again, we are not talking about trading here, it's all investing.