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Author Topic: Road to 100k?  (Read 4370 times)
Kliss
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May 12, 2024, 11:29:20 AM
 #481

I don't know if I'm the only one that have noticed this dull movement in the market price since the halving, I'm just saying from what I've observed. If it was last 2-3 months we would have been seeing a different figure like a new one not a repeated amount like we have seen $62k so many times, now we have Bitcoin price at $63k currently, why is the price not trying to go forward instead it's between $60-63k?  If it continues like this I feel we won't even see Bitcoin price at $67k-$69k, it seems this month isn't going to be productive maybe from the last week of this very month that's when we'll be getting close to $70k.
I totally get what you are saying about the bitcoin price, it's seems like it's been hovering around $60k-$63k for a while now. The market is unpredictable, it natural to have high hopes and envision bitcoin hitting that $100k mark. But instead of worrying about the price going up or down it's important to focus on taking advantage of the market conditions and making smart investment decisions. By accumulating more and holding onto bitcoin for a longer period. Patience is key when it comes to holding bitcoin some investors may choose to sell their holdings based on price fluctuations, while others may see it as an opportunity to increase their bitcoin holdings . Those who understand and believe the potential of bitcoin and believe in it's future tend to HODl and accumulate more no matter the market circumstances. The focus is on stacking more bitcoin and not missing out on the potential gains in the future. Based on historical observations holding bitcoin for a longer period of time, despite price fluctuations has potential of healthy rewards.
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May 12, 2024, 11:58:54 AM
 #482

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?

I think is certain that Bitcoin price will hit $100k but we shouldn't have the mindset that the price move directly to the $100k without any decline in price and I believe that's what is currently happening on Bitcoin price movement now because after it has hit the all time high and created a new high since then the price has been declining but there is hope that after this correction the price will move towards the $100k .
Whatever the value of Bitcoin I am not at all sure how far it will go in the future. It's true that Bitcoin won't go to $100k all at once and the market will go up and down all time. It is not a gunshot that will reach 100 meters quickly. Bitcoin has halved after reaching its peak and currently the price of Bitcoin seems to be at a stable level. Many of us have calculated this trend that Bitcoin will gain only when there is more investment and will decrease when selling, so if the number of Bitcoin investors and the number of selling holdings are equal, that is why the current price of Bitcoin most of the time fluctuates in one place. New investors should start investing, as the price is stable, there is a possibility of price increase from here. But in any case we should hold Bitcoin until it reaches $100k.

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May 12, 2024, 12:11:17 PM
 #483

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?

I think is certain that Bitcoin price will hit $100k but we shouldn't have the mindset that the price move directly to the $100k without any decline in price and I believe that's what is currently happening on Bitcoin price movement now because after it has hit the all time high and created a new high since then the price has been declining but there is hope that after this correction the price will move towards the $100k .
Whatever the value of Bitcoin I am not at all sure how far it will go in the future. It's true that Bitcoin won't go to $100k all at once and the market will go up and down all time. It is not a gunshot that will reach 100 meters quickly. Bitcoin has halved after reaching its peak and currently the price of Bitcoin seems to be at a stable level. Many of us have calculated this trend that Bitcoin will gain only when there is more investment and will decrease when selling, so if the number of Bitcoin investors and the number of selling holdings are equal, that is why the current price of Bitcoin most of the time fluctuates in one place. New investors should start investing, as the price is stable, there is a possibility of price increase from here. But in any case we should hold Bitcoin until it reaches $100k.
Nothing fast as we though on bitcoin since everything will be in process. And its also right that bitcoin won't go as fast as we though since there would be a correction will came. That's why its important to consider those market changes so that people could able to figure out something not to get feared when these situation will happen.

Also once they experience to see the worst like big correction then provably once there's a bullish trend will happen they could able to strengthen up their beliefs that upcoming corrections is normal and they could able to focus on daily activities and wait for $100k to reach.

People just need to learn everyday from their experience on their investment since they could figure out something that can give them a huge help especially on their decision making on negative times on bitcoin. $100k is really possible to happen so I guess people just need to wait for this to happen and its more better if they have bitcoin holdings so once this price got achieve by bitcoin their happiness will be doubled since their target has been reach and they also earn from this achievement acquired by bitcoin.

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May 12, 2024, 03:49:56 PM
Merited by JayJuanGee (1)
 #484

I think is certain that Bitcoin price will hit $100k but we shouldn't have the mindset that the price move directly to the $100k without any decline in price and I believe that's what is currently happening on Bitcoin price movement now because after it has hit the all time high and created a new high since then the price has been declining but there is hope that after this correction the price will move towards the $100k .

It is not wrong to have the mindset that the price of Bitcoin will not immediately go to $100K without more positive movements in the market. But we all also have to realize that the price of Bitcoin could go straight to the $100K level without too deep a price correction. Because an increase in price without correction is also not impossible for Bitcoin to happen, so everyone can still hope for an increase in price from now on without seeing a price correction in the market. Currently the price of Bitcoin still remains at more than $61K and it is still quite possible to expect an all-time high price in the near future.

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JayJuanGee
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May 12, 2024, 04:01:54 PM
 #485

I'd be very surprised if someone said bitcoin would hit $100k in a few days. Because the chances are very low. Because I remember, when I first joined this forum, Bitcoin was around $29k and in just a few days its price increased by $42k to hit $71k. Just 2 months ago, when Bitcoin's halving was going on. Hitting $100k would require another $29k price increase. Whereas at the beginning of the year it was worth $29k. I don't see the possibility of Bitcoin hitting $100k with a 3x+ increase in value in the same year. However, it is not possible to determine the future by looking at the past. But I will be shocked if Bitcoin hits $100k in 2024.
I am also frequently reminded of the time in which BTC price largely doubled from 2015 to early 2016, and for much of early 2016, the BTC price was stuck around $425, and there were so many proclamations that $500 would never be reached again, and that remained true until it was no longer true (which ended up being the end of May 2016), and so the price went past $500 and then it ended up correcting back down to $500-ish when Bitfinex was "hacked" in August 2016.. but the BTC price continued to go up, and there were ongoing claims (including from supposed experts) that lasted into early 2017 (including in March 2017) that BTC prices had to go back to $500-ish.. and that also ended up NOT being true.. so there are a lot of supposed experts proclaiming limitations upon bitcoin's UPpity potentialities, and good luck to you Jewan420 if you really believe such nonsense in regards to trying to consider bitcoin to be as limited as you seem to believe that it is.
I am certain that he doesn't know what he is saying, if he does he wouldn't have said those words. Because those who proclaimed the limitation of bitcoin where dumbfounded and have a reason to believe in bitcoin after Bitcoin grew Faster than expected. Bitcoin has a high volatility which changes in price in a shortest period of time either up trend or down trend. Here is the statistics table of bitcoin high volatility and also low volatility. history of bitcoin growth
October to Nov 2013 bitcoin increasesd from$150-$200 from $350–$1,2422
On May 2017 Bitcoin was $2,000 but  Increase on 1st September 2017 to $5,014

Thought that wikipedia page points out some decent BTC price movement highlights, it seems to be missing some interesting periods too, such as there were a lot of interesting BTC price movements between 2011 and 2016, but that wikipedia page does not go into very much detail about BTC price movements during those periods.

I kinda say same thing when I check old thread when Bitcoin was around $300 Cheesy
We aiming and targeting to see $100K, it wouldn't matter if you don't have any Btc when we get there.

Yep.. bitcoin spent almost a whole year below $300 and much of that time in the mid-$200s from late 2014 until late 2015.. and so there was quite a bit of pessimism during that time.. yet by the end of 2015 and then into early 2016 and then around May 2016, it started to become more and more clear that mid-$200 or even below $300 would never be seen again.. and maybe it was not until around April/May or a bit later when it was realized that sub $500 prices would not be seen again. 

And, yeah, none of these are matters of certainty, but sometimes when the price passes a certain amount above previous prices and including coming back down to test support and still fails to go down further, there may well develop increased levels of confidence that the lower prices will not be seen again even though surely nothing is 100% sure, including in March 2020, when we ended up getting a surprise revisiting to sub-$4k prices.. so surely there are times in which BTC price will go to surprisingly low levels, even after those prices might have started to seem as tif they might be impossible to reach again.

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?
I think is certain that Bitcoin price will hit $100k but we shouldn't have the mindset that the price move directly to the $100k without any decline in price and I believe that's what is currently happening on Bitcoin price movement now because after it has hit the all time high and created a new high since then the price has been declining but there is hope that after this correction the price will move towards the $100k .
Whatever the value of Bitcoin I am not at all sure how far it will go in the future. It's true that Bitcoin won't go to $100k all at once and the market will go up and down all time. It is not a gunshot that will reach 100 meters quickly.

Yeah, but you don't know, do you?  You cannot act as if it is impossible for BTC to go up 35% higher than its current (or previous) ATH without any kind of a hiccup, especially if there had already been price consolidations in areas around the current and/or previous ATH.

Bitcoin has halved after reaching its peak and currently the price of Bitcoin seems to be at a stable level.

It is called consolidation.  Bitcoin is not in a "stable" status, even if you might be lulled into believing that it is.

Many of us have calculated this trend that Bitcoin will gain only when there is more investment and will decrease when selling, so if the number of Bitcoin investors and the number of selling holdings are equal, that is why the current price of Bitcoin most of the time fluctuates in one place.

That is not saying hardly anything.. yes price is staying the same because the number of buyers are equal to the number of sellers...

Oh gawd.. what a meaningless observation.

New investors should start investing, as the price is stable, there is a possibility of price increase from here. But in any case we should hold Bitcoin until it reaches $100k.

What you going to do at $100k?  Sell?

Good luck with that. You will probably need it, if that happens to be your plan.

$100k is really possible to happen so I guess people just need to wait for this to happen and its more better if they have bitcoin holdings so once this price got achieve by bitcoin their happiness will be doubled since their target has been reach and they also earn from this achievement acquired by bitcoin.

You are planning to sell too?

You believe that doubling is good profits?

Good luck with that kind of thinking (and presentation of the matter).

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
Orpichukwu
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May 12, 2024, 04:39:03 PM
 #486

Hell yeah I'm impatient, is not my thing to be impatient but when it comes to this you can say that again. I'm only concern and some how making some comparison on how the market price was last year as of this same month and two months back this year, it was a bit flexible I mean in the market price but ever since the halving I thought it wouldn't be the way is it now, don't get me wrong on this.
I have never thought of Bitcoin falling in any way but my concern is how slow it has been and I know it will get to a much more higher price before the end of this year, so don't get me wrong I was only worried if this halving period is the cause of all that's happening, the high fee, the price having more negative effect more than the positive.
If you follow up on the bitcoin price history very well after every halving, you will see that the price of bitcoin never pumps immediately after the halving; it took quite some time before the price always pumped from it to the next phase. During the 1st halving event, which took place in November 2012, around that time, the bitcoin price was around $12–$13 each, and it was from the next year that the pump happened, which took it to $1000 and above. 
 
The same happens on the 2nd halving; it took bitcoin almost 12 months, if not up to before the pump happened on the market, and it has been so. We shouldn't expect the price to just pump immediately after halving; give Bitcoin some time. In most cases, we can even see a price dump, which is not something new, but after some time, maybe from 2025, that's when we should be expecting the price to achieve a new ATH. Until then, we all should be calm. 

Bitcoin prices have proven to be unpredictable; we can still see them pump when we least expect them, but that will be an added bonus to us compared to when we are always checking the chart and hoping they pump the next day. Too much expectation on the Bitcoin price is what leads to disappointment.

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May 12, 2024, 08:54:39 PM
 #487

I think is certain that Bitcoin price will hit $100k but we shouldn't have the mindset that the price move directly to the $100k without any decline in price and I believe that's what is currently happening on Bitcoin price movement now because after it has hit the all time high and created a new high since then the price has been declining but there is hope that after this correction the price will move towards the $100k .

It is not wrong to have the mindset that the price of Bitcoin will not immediately go to $100K without more positive movements in the market. But we all also have to realize that the price of Bitcoin could go straight to the $100K level without too deep a price correction. Because an increase in price without correction is also not impossible for Bitcoin to happen, so everyone can still hope for an increase in price from now on without seeing a price correction in the market. Currently the price of Bitcoin still remains at more than $61K and it is still quite possible to expect an all-time high price in the near future.
There are people who have been thinking that the market could shoot up into $100k or higher price without any hurdles or simply with those corrections.If we are really just that making use of our own common sense
then you wont really be having this kind of assumptions on how the market looks like or something that you do prefer on something to happen. If you do make out those kind of realizations then market is really composed of ups and downs when it comes to price. Therefore, you should that make yourself wary so that you wont really be having those disappointments whenever the price had goes opposite on what you had anticipated or predicted. If you would be making yourself having this kind of mindset then you would be experiencing frustrations over frustrations on which this is something that could happen.
This wont really be a smooth ride because only newbies will really be having this kind of thing on their mind.

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May 12, 2024, 10:21:51 PM
 #488

I think is certain that Bitcoin price will hit $100k but we shouldn't have the mindset that the price move directly to the $100k without any decline in price and I believe that's what is currently happening on Bitcoin price movement now because after it has hit the all time high and created a new high since then the price has been declining but there is hope that after this correction the price will move towards the $100k .
It is not wrong to have the mindset that the price of Bitcoin will not immediately go to $100K without more positive movements in the market. But we all also have to realize that the price of Bitcoin could go straight to the $100K level without too deep a price correction. Because an increase in price without correction is also not impossible for Bitcoin to happen, so everyone can still hope for an increase in price from now on without seeing a price correction in the market. Currently the price of Bitcoin still remains at more than $61K and it is still quite possible to expect an all-time high price in the near future.
There are people who have been thinking that the market could shoot up into $100k or higher price without any hurdles or simply with those corrections.If we are really just that making use of our own common sense
then you wont really be having this kind of assumptions on how the market looks like or something that you do prefer on something to happen. If you do make out those kind of realizations then market is really composed of ups and downs when it comes to price. Therefore, you should that make yourself wary so that you wont really be having those disappointments whenever the price had goes opposite on what you had anticipated or predicted. If you would be making yourself having this kind of mindset then you would be experiencing frustrations over frustrations on which this is something that could happen.
This wont really be a smooth ride because only newbies will really be having this kind of thing on their mind.

The theory that bitcoin might go shooting up to $100k and beyond.. maybe even in the territory of $120k to $180k within this calendar year is a possibility that anyone investing into bitcoin should account for, and the mere fact that any of us consider those as possibilities does not mean that we are going to be reckt if such scenarios do not end up playing out.

The same is true on the opposite end when some folks presume that there have to be "ups and downs," and then they overly rely on such ups and downs taking place, then those folks end up getting fucked when they sell too many BTC too soon.  I have seen it many many times during my time in BTC, and at this point, there is no reason to believe that such upward reckenings might mnot continue to take place.

Even recently, our rise from $15,497 to $73,479 in the past 16 months likely took a lot of folks by surprised, and even the latest leg from $26k-ish since October 2023 - likely caught quite a few folks by surprised who had been expecting larger corrections along the way, and yeah, sure such larger corrections might end up happening prior to bitcoin getting to $100k, but they also might not.  The overreliance goes in both directions, including those folks who believe up and downs have to happen, and then they don't happen as much as they speculated that they were going to happen and then they end up with too few BTC because of their actually acting on those kinds of ideas.

It surely might not matter one way or the other if some one who is a  long term investor and/or holder believe the BTC price might go up to $120k to $180k this year and supra $250k in 2025, and if the price does not go there, then so what, they might not have had any plans on selling anyhow, but can still entertain such ideas.. and sure maybe the problem again could come down to the trader or the guy who overinvests because he is wanting to play short term price waves...

There are ways to set up strategies and even to have opinions about where the BTC price might go that might still not change the strategy, even if the BTC price might not end up going to the expected place.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
Sexylizzy2813
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May 13, 2024, 08:54:58 AM
 #489

I don't know if I'm the only one that have noticed this dull movement in the market price since the halving, I'm just saying from what I've observed. If it was last 2-3 months we would have been seeing a different figure like a new one not a repeated amount like we have seen $62k so many times, now we have Bitcoin price at $63k currently, why is the price not trying to go forward instead it's between $60-63k?  If it continues like this I feel we won't even see Bitcoin price at $67k-$69k, it seems this month isn't going to be productive maybe from the last week of this very month that's when we'll be getting close to $70k.
I totally get what you are saying about the bitcoin price, it's seems like it's been hovering around $60k-$63k for a while now. The market is unpredictable, it natural to have high hopes and envision bitcoin hitting that $100k mark. But instead of worrying about the price going up or down it's important to focus on taking advantage of the market conditions and making smart investment decisions. By accumulating more and holding onto bitcoin for a longer period. Patience is key when it comes to holding bitcoin some investors may choose to sell their holdings based on price fluctuations, while others may see it as an opportunity to increase their bitcoin holdings . Those who understand and believe the potential of bitcoin and believe in it's future tend to HODl and accumulate more no matter the market circumstances. The focus is on stacking more bitcoin and not missing out on the potential gains in the future. Based on historical observations holding bitcoin for a longer period of time, despite price fluctuations has potential of healthy rewards.

At least you're the only one who get what I was saying. Not that I'm only concern about Bitcoin price hitting that $100k mark but taking that opportunity given to us is one of the best I have taken. Sometimes most of us don't really get the main picture that's ahead of us but we act like everything is ok, someone said I should worry about something else and all that but that's not my problem.
Bitcoin price getting to this very amount is like a blessing to those holding and I believe the profit that comes at the end would make many happy. As of then patience wasn't a friend when it comes to me holding but as of now I'm cool with the little I'm holding all thanks to believing that Bitcoin will get to a much bigger amount.
And as for double JG I know he thinks little about people and he doesn't think someone can do better concerning Bitcoin and investment but no need for making him feel special, I never get your time😁.

R


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May 13, 2024, 09:21:30 AM
Merited by JayJuanGee (1), Stablexcoin (1)
 #490

It surely might not matter one way or the other if some one who is a  long term investor and/or holder believe the BTC price might go up to $120k to $180k this year and supra $250k in 2025, and if the price does not go there, then so what, they might not have had any plans on selling anyhow, but can still entertain such ideas.. and sure maybe the problem again could come down to the trader or the guy who overinvests because he is wanting to play short term price waves...
one major advantage I have come to love about investing with a long term mindset is that it doesn't really disturb your mind wether or not bitcoin goes too fast to breaking an ATH in no time or that it's now at $120k or even $200k within the year. Those kind of possibilty are great and are definitely what everyone that's investing in Bitcoin is currently anticipating but if you're more of a long term holder than one that's in search of quick profit, you wouldn't be disturbed about having to wait longer before Bitcoin even gets to $100k . Like we've all witnessed, it didn't take up to a year before this last sharp bull that ran from Bitcoin being at the rate that's below $30k to getting to $73k even before the halving and if we're even looking at it from such angle, it wouldn't be wrong to still note that we're still in such bull season that's still very much promising to taking us to $100k and above possibly within the year and although we've had some minor correction it's still been Little League to have been a sort of discouragement of any sort.

As long as you're investing for the long term, even if at the end of the year Bitcoin only happens to get to $100k or didn't even get to $100k, it doesn't in any way bring down the value of Bitcoin. One of the reason why Bitcoin is very valuable even at this moment when we've seen a lot of positive and negative statement from different sources that are looking for ways to downplay it relevance is that Bitcoin has been very consistent and less negatively volatile unlike most assets and to be even honest, while we anticipate Bitcoin to get to as high as $300k and above in few years from now, it's good to know that such kind of scenario in itself doesn't end up making us profitable in our Bitcoin investments.

Let's know that It's  best to stack up a great amount of Bitcoin at this price and in the next five years Bitcoin Bitcoin gets to $200k rather than stacking very few Bitcoin for a period of five years and Bitcoin gets to an incredible worth of $500k.


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May 13, 2024, 01:44:58 PM
Merited by JayJuanGee (1)
 #491

It surely might not matter one way or the other if some one who is a  long term investor and/or holder believe the BTC price might go up to $120k to $180k this year and supra $250k in 2025, and if the price does not go there, then so what, they might not have had any plans on selling anyhow, but can still entertain such ideas.. and sure maybe the problem again could come down to the trader or the guy who overinvests because he is wanting to play short term price waves...
one major advantage I have come to love about investing with a long term mindset is that it doesn't really disturb your mind wether or not bitcoin goes too fast to breaking an ATH in no time or that it's now at $120k or even $200k within the year. Those kind of possibilty are great and are definitely what everyone that's investing in Bitcoin is currently anticipating but if you're more of a long term holder than one that's in search of quick profit, you wouldn't be disturbed about having to wait longer before Bitcoin even gets to $100k . Like we've all witnessed, it didn't take up to a year before this last sharp bull that ran from Bitcoin being at the rate that's below $30k to getting to $73k even before the halving and if we're even looking at it from such angle, it wouldn't be wrong to still note that we're still in such bull season that's still very much promising to taking us to $100k and above possibly within the year and although we've had some minor correction it's still been Little League to have been a sort of discouragement of any sort.

As long as you're investing for the long term, even if at the end of the year Bitcoin only happens to get to $100k or didn't even get to $100k, it doesn't in any way bring down the value of Bitcoin. One of the reason why Bitcoin is very valuable even at this moment when we've seen a lot of positive and negative statement from different sources that are looking for ways to downplay it relevance is that Bitcoin has been very consistent and less negatively volatile unlike most assets and to be even honest, while we anticipate Bitcoin to get to as high as $300k and above in few years from now, it's good to know that such kind of scenario in itself doesn't end up making us profitable in our Bitcoin investments.

Let's know that It's  best to stack up a great amount of Bitcoin at this price and in the next five years Bitcoin Bitcoin gets to $200k rather than stacking very few Bitcoin for a period of five years and Bitcoin gets to an incredible worth of $500k.
Long term investors and holders can definitely entertain such ideas and have their own price predictions. It's all about having a vision and belief in the potential of Bitcoin. Even if the price doesn't reach those specific targets it doesn't mean they have to sell. Those who are Long term investors often have different strategies and goals compared to short term traders.The beauty of a long term mindset when investing in Bitcoin is that you don't get caught up in the short term fluctuations and price movements. being a long term holder allows you to patiently wait for the market to unfold. We have seen how Bitcoin can experience sharp bull runs in a relatively short period and it's possible that we are still in a promising bull season that could take us to $100k and beyond. Minor corrections along the way are just part of the game and shouldn't discourage us.

 The value of Bitcoin goes beyond just its price at a specific point in time. Its consistency and resilience in the face of both positive and negative statements set it apart from other assets. Even if Bitcoin doesn't reach the anticipated $100k or higher by the end of the year, it doesn't diminish its long term potential. We should focus on the bigger picture and the potential for Bitcoin to reach even greater heights like $300k or more in the coming years. It's important to keep a long term perspective and not get too caught up in short term fluctuations.
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May 13, 2024, 01:49:23 PM
Merited by JayJuanGee (1)
 #492

I don't know if I'm the only one that have noticed this dull movement in the market price since the halving, I'm just saying from what I've observed. If it was last 2-3 months we would have been seeing a different figure like a new one not a repeated amount like we have seen $62k so many times, now we have Bitcoin price at $63k currently, why is the price not trying to go forward instead it's between $60-63k?  If it continues like this I feel we won't even see Bitcoin price at $67k-$69k, it seems this month isn't going to be productive maybe from the last week of this very month that's when we'll be getting close to $70k.
I totally get what you are saying about the bitcoin price, it's seems like it's been hovering around $60k-$63k for a while now. The market is unpredictable, it natural to have high hopes and envision bitcoin hitting that $100k mark. But instead of worrying about the price going up or down it's important to focus on taking advantage of the market conditions and making smart investment decisions. By accumulating more and holding onto bitcoin for a longer period. Patience is key when it comes to holding bitcoin some investors may choose to sell their holdings based on price fluctuations, while others may see it as an opportunity to increase their bitcoin holdings . Those who understand and believe the potential of bitcoin and believe in it's future tend to HODl and accumulate more no matter the market circumstances. The focus is on stacking more bitcoin and not missing out on the potential gains in the future. Based on historical observations holding bitcoin for a longer period of time, despite price fluctuations has potential of healthy rewards.

At least you're the only one who get what I was saying. Not that I'm only concern about Bitcoin price hitting that $100k mark but taking that opportunity given to us is one of the best I have taken. Sometimes most of us don't really get the main picture that's ahead of us but we act like everything is ok, someone said I should worry about something else and all that but that's not my problem.
Bitcoin price getting to this very amount is like a blessing to those holding and I believe the profit that comes at the end would make many happy. As of then patience wasn't a friend when it comes to me holding but as of now I'm cool with the little I'm holding all thanks to believing that Bitcoin will get to a much bigger amount.
And as for double JG I know he thinks little about people and he doesn't think someone can do better concerning Bitcoin and investment but no need for making him feel special, I never get your time😁.
As an investor you are worried about BTC price hitting $100k but you should have thought higher especially if you are a holder. Having signs of a market rise or fall means you have different motivations that more investors are entering or withdrawing. If one gets too anxious in the BTC market or decides to sell forever he may lose his selling price which may not have any hope of buying later. You should not be disappointed by this slight price drop as you can assume that the price of BTC could have fallen further but is currently at a stable level. Holders have increased care of their stacks for the future until the value touches $150k or more. The reason they care is because they may be aware of the level of long-term investment appreciation. If one thinks that BTC's current price equates to a blessing then it is wrong to accept that numerous investors are directly and indirectly involved in it and it is positioned so high by investing their precious margin. Many investors are not only waiting to hit $100k, they may be setting even higher targets with their BTC holdings.

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May 13, 2024, 04:44:35 PM
Merited by JayJuanGee (1), Cryptoprincess101 (1)
 #493

Let's know that It's  best to stack up a great amount of Bitcoin at this price and in the next five years Bitcoin Bitcoin gets to $200k rather than stacking very few Bitcoin for a period of five years and Bitcoin gets to an incredible worth of $500k.
Yes we should be able to increase our portfolio or bitcoin HODLings in order to accumulate more against the nearest future price, but we should try as much as possible not to over do it, looking from your explanation it seems like one whos advice is Channelling towards and aggressive investment. And one other thing is that when talking about the duration or period an investment should Last it is not just 5 years as you said, you should be thinking from 4-10 years and or 15 - 30 years. Talking about 5 years is just like who has a short term goal but nevertheless Investment depends on individuals and their programming but atleast higher duration guarantees more than a short period of time.
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May 13, 2024, 07:49:57 PM
 #494

[edited out]
At least you're the only one who get what I was saying. Not that I'm only concern about Bitcoin price hitting that $100k mark but taking that opportunity given to us is one of the best I have taken. Sometimes most of us don't really get the main picture that's ahead of us but we act like everything is ok, someone said I should worry about something else and all that but that's not my problem.
Bitcoin price getting to this very amount is like a blessing to those holding and I believe the profit that comes at the end would make many happy. As of then patience wasn't a friend when it comes to me holding but as of now I'm cool with the little I'm holding all thanks to believing that Bitcoin will get to a much bigger amount.
And as for double JG I know he thinks little about people and he doesn't think someone can do better concerning Bitcoin and investment but no need for making him feel special, I never get your time😁.

You can talk all that you like about how you have matters all under control, but many of us can already read through the lines that you are either overinvested and you likely do not have the conviction that you proclaim to have, and yeah, in the end, it does not matter what we think about you, except that this is a public thread, so if anyone is showing the signs of a scared cat (and a potential weak hand), then it does not hurt to point out those kinds of matters.

Let's know that It's  best to stack up a great amount of Bitcoin at this price and in the next five years Bitcoin Bitcoin gets to $200k rather than stacking very few Bitcoin for a period of five years and Bitcoin gets to an incredible worth of $500k.
Yes we should be able to increase our portfolio or bitcoin HODLings in order to accumulate more against the nearest future price, but we should try as much as possible not to over do it, looking from your explanation it seems like one whos advice is Channelling towards and aggressive investment. And one other thing is that when talking about the duration or period an investment should Last it is not just 5 years as you said, you should be thinking from 4-10 years and or 15 - 30 years. Talking about 5 years is just like who has a short term goal but nevertheless Investment depends on individuals and their programming but atleast higher duration guarantees more than a short period of time.

Most of the time in threads like this one, it good to talk about 4-10 years or longer, since we cannot really know the situations of so many different people, yet there surely could be some people who purposefully have a shorter investment time frame, such as 4-5 years based on their own life circumstances of health or age or some other specific constriction that they might have, and there could be some folks with some intermediary goals that they are shooting for in 4-5 years, such as buying a house or something like that... .. yet even a person who might have an intermediate goal might be better off to not be exhausting his whole bitcoin savings/investment in that kind of a timeline, but instead might be thinking of ways in which he might be drawing from part of his BTC stash in that kind of a timeline.

We cannot really determine what might be good ways of allocating, and surely some folks still might end up getting their bitcoin allocation wrong or selling too many BTC too soon, but they might also have some balancing considerations that they have to account for, so we cannot really proclaim that there is ONLY one best way to do matters, even though there might be better ways and there might be ways that peope make mistakes, but they still might not kill their investment, but instead their decisions might contribute to their own underperformance - and we do not necessarily know that they will underperform, merely if they choose to sell some of their BTC along the way or they purposefully create a plan in which they might start selling some of their BTC in a much shorter timeline than some of us might consider to be prudent.

There are also the ones who have timelines of less than 4 years, and I consider them to be traders rather than investors, and based on that, they should likely be putting less of their value into those shorter term trades (such as no more than 10% of their bitcoin  holdings), but surely people can have varying ways of considering how much of their value they are using for terms that are shorter than 4 years and also they might enter bitcoin with a plan that is less than 4 years in duration, but after staying in bitcoin for a while, they may well consider changing their plan and/or extending their plan for a period that is longer than 4 years in duration.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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May 13, 2024, 09:09:03 PM
 #495

I don't know if I'm the only one that have noticed this dull movement in the market price since the halving, I'm just saying from what I've observed. If it was last 2-3 months we would have been seeing a different figure like a new one not a repeated amount like we have seen $62k so many times, now we have Bitcoin price at $63k currently, why is the price not trying to go forward instead it's between $60-63k?  If it continues like this I feel we won't even see Bitcoin price at $67k-$69k, it seems this month isn't going to be productive maybe from the last week of this very month that's when we'll be getting close to $70k.
I totally get what you are saying about the bitcoin price, it's seems like it's been hovering around $60k-$63k for a while now. The market is unpredictable, it natural to have high hopes and envision bitcoin hitting that $100k mark. But instead of worrying about the price going up or down it's important to focus on taking advantage of the market conditions and making smart investment decisions. By accumulating more and holding onto bitcoin for a longer period. Patience is key when it comes to holding bitcoin some investors may choose to sell their holdings based on price fluctuations, while others may see it as an opportunity to increase their bitcoin holdings . Those who understand and believe the potential of bitcoin and believe in it's future tend to HODl and accumulate more no matter the market circumstances. The focus is on stacking more bitcoin and not missing out on the potential gains in the future. Based on historical observations holding bitcoin for a longer period of time, despite price fluctuations has potential of healthy rewards.

At least you're the only one who get what I was saying. Not that I'm only concern about Bitcoin price hitting that $100k mark but taking that opportunity given to us is one of the best I have taken. Sometimes most of us don't really get the main picture that's ahead of us but we act like everything is ok, someone said I should worry about something else and all that but that's not my problem.
Bitcoin price getting to this very amount is like a blessing to those holding and I believe the profit that comes at the end would make many happy. As of then patience wasn't a friend when it comes to me holding but as of now I'm cool with the little I'm holding all thanks to believing that Bitcoin will get to a much bigger amount.
And as for double JG I know he thinks little about people and he doesn't think someone can do better concerning Bitcoin and investment but no need for making him feel special, I never get your time😁.
As an investor you are worried about BTC price hitting $100k but you should have thought higher especially if you are a holder. Having signs of a market rise or fall means you have different motivations that more investors are entering or withdrawing. If one gets too anxious in the BTC market or decides to sell forever he may lose his selling price which may not have any hope of buying later. You should not be disappointed by this slight price drop as you can assume that the price of BTC could have fallen further but is currently at a stable level. Holders have increased care of their stacks for the future until the value touches $150k or more. The reason they care is because they may be aware of the level of long-term investment appreciation. If one thinks that BTC's current price equates to a blessing then it is wrong to accept that numerous investors are directly and indirectly involved in it and it is positioned so high by investing their precious margin. Many investors are not only waiting to hit $100k, they may be setting even higher targets with their BTC holdings.

At first I thought of BTC hitting $50k which it did and I was so grateful about that, later on it started raising and $60k wasn't the target for me but the $100k, is like a step at a time before thinking of something much higher than $100k.
All investors do have their target be you long or short term holder, it doesn't matter and nobody have the right to say you have to hold till God knows when and nobody can question your reasons not holding for long. This is a business space so you do what you think will favor you, I believe we have some who are just waiting patiently for Bitcoin price to hit $70k again. I explained something here and some members are seeing it the wrong way, well is their own opinion.

R


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][
.
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May 13, 2024, 10:17:16 PM
 #496

I don't know if I'm the only one that have noticed this dull movement in the market price since the halving, I'm just saying from what I've observed. If it was last 2-3 months we would have been seeing a different figure like a new one not a repeated amount like we have seen $62k so many times, now we have Bitcoin price at $63k currently, why is the price not trying to go forward instead it's between $60-63k?  If it continues like this I feel we won't even see Bitcoin price at $67k-$69k, it seems this month isn't going to be productive maybe from the last week of this very month that's when we'll be getting close to $70k.
I totally get what you are saying about the bitcoin price, it's seems like it's been hovering around $60k-$63k for a while now. The market is unpredictable, it natural to have high hopes and envision bitcoin hitting that $100k mark. But instead of worrying about the price going up or down it's important to focus on taking advantage of the market conditions and making smart investment decisions. By accumulating more and holding onto bitcoin for a longer period. Patience is key when it comes to holding bitcoin some investors may choose to sell their holdings based on price fluctuations, while others may see it as an opportunity to increase their bitcoin holdings . Those who understand and believe the potential of bitcoin and believe in it's future tend to HODl and accumulate more no matter the market circumstances. The focus is on stacking more bitcoin and not missing out on the potential gains in the future. Based on historical observations holding bitcoin for a longer period of time, despite price fluctuations has potential of healthy rewards.

At least you're the only one who get what I was saying. Not that I'm only concern about Bitcoin price hitting that $100k mark but taking that opportunity given to us is one of the best I have taken. Sometimes most of us don't really get the main picture that's ahead of us but we act like everything is ok, someone said I should worry about something else and all that but that's not my problem.
Bitcoin price getting to this very amount is like a blessing to those holding and I believe the profit that comes at the end would make many happy. As of then patience wasn't a friend when it comes to me holding but as of now I'm cool with the little I'm holding all thanks to believing that Bitcoin will get to a much bigger amount.
And as for double JG I know he thinks little about people and he doesn't think someone can do better concerning Bitcoin and investment but no need for making him feel special, I never get your time😁.
As an investor you are worried about BTC price hitting $100k but you should have thought higher especially if you are a holder. Having signs of a market rise or fall means you have different motivations that more investors are entering or withdrawing. If one gets too anxious in the BTC market or decides to sell forever he may lose his selling price which may not have any hope of buying later. You should not be disappointed by this slight price drop as you can assume that the price of BTC could have fallen further but is currently at a stable level. Holders have increased care of their stacks for the future until the value touches $150k or more. The reason they care is because they may be aware of the level of long-term investment appreciation. If one thinks that BTC's current price equates to a blessing then it is wrong to accept that numerous investors are directly and indirectly involved in it and it is positioned so high by investing their precious margin. Many investors are not only waiting to hit $100k, they may be setting even higher targets with their BTC holdings.

At first I thought of BTC hitting $50k which it did and I was so grateful about that, later on it started raising and $60k wasn't the target for me but the $100k, is like a step at a time before thinking of something much higher than $100k.
All investors do have their target be you long or short term holder, it doesn't matter and nobody have the right to say you have to hold till God knows when and nobody can question your reasons not holding for long. This is a business space so you do what you think will favor you, I believe we have some who are just waiting patiently for Bitcoin price to hit $70k again. I explained something here and some members are seeing it the wrong way, well is their own opinion.

Don't feel attacked bro, they are actually correcting you, In real sense you are actually right on some part, like when you said everyone has his or her own way of doing things, but you need to know that this approach you are talking of are mainly for traders, and you talking about it here in this thread is totally off topic, this thread is meant for investors, so it's would be better if you take your view to where it belongs, not here.

Lastly, I believe that if as an individual you really want to build a generational wealth through Bitcoin, it's very important that as a Bitcoin investor, you are only thinking long term, because it's only as a long term investor you can fully reap the dividend of your Bitcoin holdings.

avp2306
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May 13, 2024, 11:10:49 PM
 #497

[edited out]
At least you're the only one who get what I was saying. Not that I'm only concern about Bitcoin price hitting that $100k mark but taking that opportunity given to us is one of the best I have taken. Sometimes most of us don't really get the main picture that's ahead of us but we act like everything is ok, someone said I should worry about something else and all that but that's not my problem.
Bitcoin price getting to this very amount is like a blessing to those holding and I believe the profit that comes at the end would make many happy. As of then patience wasn't a friend when it comes to me holding but as of now I'm cool with the little I'm holding all thanks to believing that Bitcoin will get to a much bigger amount.
And as for double JG I know he thinks little about people and he doesn't think someone can do better concerning Bitcoin and investment but no need for making him feel special, I never get your time😁.

You can talk all that you like about how you have matters all under control, but many of us can already read through the lines that you are either overinvested and you likely do not have the conviction that you proclaim to have, and yeah, in the end, it does not matter what we think about you, except that this is a public thread, so if anyone is showing the signs of a scared cat (and a potential weak hand), then it does not hurt to point out those kinds of matters.


Unfortunately there are people doesn't like to be corrected or to receive side comments that's why they feel bad when someone's corrected them or try to share insights regarding on their past statements. If they can't accept other opinion which is somehow helpful for them to improve then maybe they are bound to lose their assets for certain uncertain things happen in the market. Also they can expect some criticism if people don't like their opinion since as said this is public thread and anyone can share their opinion if they like or not what they read from other people. For sure  a lot of people could notice if their methods use is effective so its really better to be open on criticism and corrections since this could make us became more better investors. Weak handed person will always fall for those people who think they already learn a lot and they are more knowledgeable than any other else so there's no need for other people to correct them.

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Sexylizzy2813
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May 14, 2024, 01:30:00 AM
 #498

Don't feel attacked bro, they are actually correcting you, In real sense you are actually right on some part, like when you said everyone has his or her own way of doing things, but you need to know that this approach you are talking of are mainly for traders, and you talking about it here in this thread is totally off topic, this thread is meant for investors, so it's would be better if you take your view to where it belongs, not here.

Lastly, I believe that if as an individual you really want to build a generational wealth through Bitcoin, it's very important that as a Bitcoin investor, you are only thinking long term, because it's only as a long term investor you can fully reap the dividend of your Bitcoin holdings.

I don't understand you bro, who feels attacked here? That's the problem here, too much of assumption. I tried talking about something concerning Bitcoin and all that and you say is off topic, why are you here on this thread if you feel is only for investors? Are you an investor? Everyone here can be an investor or trader without anyone knowing.
I was talking about the halving if it's the cause of some of the issues Bitcoin has been displaying (high fee and the price not getting high) but not everyone get what I said.
As an investor is your choice to go long term or not and I don't think is always a long term investor that make it big, it goes side ways, we all have our way of building something big, either in a fast way or slow way.
I get all you guys are saying, I also take corrections and we all need the knowledge of those who have been there before us to grow in the crypto space but that doesn't mean we have to agree to all some of us are saying all in the name of "I have been there before you", we agree to disagree nothing personal.

R


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Rustam Meraj
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May 14, 2024, 01:35:43 AM
 #499

Unfortunately there are people doesn't like to be corrected or to receive side comments that's why they feel bad when someone's corrected them or try to share insights regarding on their past statements. If they can't accept other opinion which is somehow helpful for them to improve then maybe they are bound to lose their assets for certain uncertain things happen in the market. Also they can expect some criticism if people don't like their opinion since as said this is public thread and anyone can share their opinion if they like or not what they read from other people. For sure  a lot of people could notice if their methods use is effective so its really better to be open on criticism and corrections since this could make us became more better investors. Weak handed person will always fall for those people who think they already learn a lot and they are more knowledgeable than any other else so there's no need for other people to correct them.
Yes you are right some people have hard time accepting feedback or corrections which can hold them back from improving. When it comes to investing refusing to consider different views and ideas can lead to big mistakes. Online discussions are great place to share opinions and get feedback which can be really helpful. Being open to criticism and corrections is important for getting better and moving forward. Unfortunately those who won't listen and adapt may lose money because of their carelessness. Being humble and valuing others input is crucial for successful investors and those who are closed minded may ultimately suffer because of their own limitations.

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May 14, 2024, 01:58:58 AM
 #500

It is not wrong to have the mindset that the price of Bitcoin will not immediately go to $100K without more positive movements in the market. But we all also have to realize that the price of Bitcoin could go straight to the $100K level without too deep a price correction. Because an increase in price without correction is also not impossible for Bitcoin to happen, so everyone can still hope for an increase in price from now on without seeing a price correction in the market. Currently the price of Bitcoin still remains at more than $61K and it is still quite possible to expect an all-time high price in the near future.

What I saw after the decline a few days ago, the price of BTC will continue / perched in the range of 68K and after that there will be a correction again and we will see if the strength of the correction if it is small only up to 66K this will become a sign of the number 73K will be solved again and ready to go to a new ATH. This is the real moment I have been waiting for.

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