JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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April 13, 2024, 04:25:56 AM |
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So right now we are buying moment first, and I can see in the chart of the price reversal for the new trend rally these few days from now. I can see something based on my analysis that is noticed in the graph.
I think the buying time is already over. This time is for waiting the selling time (exit). We already have many dumps, most of us must already buy Bitcoin many times. The pump was also happened already, I think everything looks like as you predicted. If you think that the buying time is over, does that mean that newbies no longer have the opportunity to buy and they should not invest in bitcoin? And what if all the newbies think like you and we won't have new money flowing into the market, where will you get the liquidity and how can you sell bitcoin at a high price? This is the financial market, how can you sell your bitcoin if no one is willing to buy it at a higher price? Also, if you have enough faith in bitcoin and believe it can reach $100k this bull season, then buying at $70k isn't too bad. A profit of 30% is not small and not easy to earn if you do a traditional business. Personally, I think that the more important point is that no one is going to be prepared for UP unless he buys bitcoin. So it does not matter the price if you happen to be a low coiner or a no coiner, and if you want to prepare for up, you need to buy. You don't prepare for up by waiting for down, since it is not guaranteed that down is going to happen, even if a bunch of weak hands are selling their coins, it does not mean that sellers are outpacing buyers.. so no coiners and low coiners are going to need to be careful if they are waiting before they buy BTC. Another thing is dumb twats who are trading the best asset that exists, and so they think that they can sell and buy back cheaper, and so they are going to be out of luck if the BTC price ends up not correcting, merely because they speculate that it is going to drop. We have witnessed a lot of regrets from folks who sold too many coins too soon, and generally speaking we have a world in which an overwhelming majority of folks do not have enough bitcoin and most of them don't realize that are underallocated to BTC by their failure/refusal to adequately/sufficiently buy some. (or enough).
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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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wmaurik
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April 13, 2024, 03:43:35 PM |
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The price of Bitcoin will definitely rise to 100k dollars but it will take a long time. So at any time you can invest and participate, because the more bitcoins you invest, the more benefits you get. So the sooner you participate in the investment, the more likely you are to benefit the most. There is a high probability that the price of Bitcoin will reach 100 by the end of 2024.
If there is a possibility for Bitcoin to hit $100K by the end of this year, I don't think that's a long time to wait for many people holding Bitcoin from now. Because less than a year is not a long time, especially for people who have routine jobs every day without realizing that they have already passed more time. And if that prediction can really happen for Bitcoin, I think next year there will still be a further increase in Bitcoin with such a good market moment. So it would be quite appropriate if the current moment is not wasted by many people to continue buying and holding as much Bitcoin as they can afford.
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Justbillywitt
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April 14, 2024, 06:19:56 AM |
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We have just witnessed the price of bitcoin hit a historic high of $73k, especially as we are about to enter the bitcoin halving period. Of course, your expectations are reasonable if you look at the history of the previous half. Even if there is a decline of %8 or %10, it is a healthy decline on the way to a higher increase.
so I think anything is possible for Bitcoin after the halving, I wouldn't be surprised if it hit 100k by the end of the year, and I wouldn't be surprised if bitcoin hit 150k. What is clear is that forecasting the short term is not a good idea. If you invest in Bitcoin, especially in large amounts, then you need to think about long-term investments, and you should buy as much as possible every dip because investing in Bitcoin is a plan for the future, not weekly, let alone daily.
Everyone probably won't be surprised if after the halving Bitcoin can immediately increase to reach $100K or more, because what happened before the halving was also beyond many people's expectations. So there are some people who are a little surprised when they see the ATH before the halving, which is new history for Bitcoin holders and now the time to see the halving is also not far away. So we all need to have a lot of patience to see more meaningful surprises in Bitcoin because if the goal is for the long term, of course it won't be so affected by the current price. Of course bitcoin movement before the halving really got people wondering what might be in store for it's investors. It hasn't happened this way before that bitcoin will break a previous ATH before halving. That has also been an eye opener to people to know that bitcoin price movement can't be predicted by relying on past charts alone. With bitcoin breaking the past ATH before halving has really set in some level of confusion in the market because analysts don't know what else could happen, because bitcoin has reset everything and it seems that the entire process is now new. But one positive thing we can get from this is that as you rightly said, bitcoin is now getting back to $70k easily, with this the probability of it getting to $100k is now very likely.
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Kwarkam
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April 16, 2024, 02:08:31 PM |
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From my perspective, newbies seem to become too overly obsessed with short term profits and not considering how to stack a sufficient quantity of BTC for the long term - which surely may be one of the danger points in having a thread that focuses on the road to $100k.. . [/quote] Most times newbies forget about the big picture and that in short term Bitcoin investment, you risk more losses, unlike having a long term investment accumulating Bitcoin. The road to $100k is most relevant to those accumulating and holding Bitcoin rather than short term traders. Overall, we should consider that BTC's price is going up. It is just a matter of having a perspective that is long enough so that the shorter term volatility does not distract from an overall understanding of the likely price direction.
This is what I'm driving at. You articulated it better than I did. Generally, The slope is an upward climb, and there maybe slight jaggeredness on the way up there, that could be problematic for short term investors. Setting an investment range that stretches into 'long term span' sets you in motion for bigger profits.
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dunfida
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April 16, 2024, 07:56:25 PM |
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We have just witnessed the price of bitcoin hit a historic high of $73k, especially as we are about to enter the bitcoin halving period. Of course, your expectations are reasonable if you look at the history of the previous half. Even if there is a decline of %8 or %10, it is a healthy decline on the way to a higher increase.
so I think anything is possible for Bitcoin after the halving, I wouldn't be surprised if it hit 100k by the end of the year, and I wouldn't be surprised if bitcoin hit 150k. What is clear is that forecasting the short term is not a good idea. If you invest in Bitcoin, especially in large amounts, then you need to think about long-term investments, and you should buy as much as possible every dip because investing in Bitcoin is a plan for the future, not weekly, let alone daily.
Everyone probably won't be surprised if after the halving Bitcoin can immediately increase to reach $100K or more, because what happened before the halving was also beyond many people's expectations. So there are some people who are a little surprised when they see the ATH before the halving, which is new history for Bitcoin holders and now the time to see the halving is also not far away. So we all need to have a lot of patience to see more meaningful surprises in Bitcoin because if the goal is for the long term, of course it won't be so affected by the current price. Of course bitcoin movement before the halving really got people wondering what might be in store for it's investors. It hasn't happened this way before that bitcoin will break a previous ATH before halving. That has also been an eye opener to people to know that bitcoin price movement can't be predicted by relying on past charts alone. With bitcoin breaking the past ATH before halving has really set in some level of confusion in the market because analysts don't know what else could happen, because bitcoin has reset everything and it seems that the entire process is now new. But one positive thing we can get from this is that as you rightly said, bitcoin is now getting back to $70k easily, with this the probability of it getting to $100k is now very likely. I do actually laugh into those people who had been that having those impulsive approach or feeling or reactions when Bitcoins price hits up 62k or lower on which they do have those kind of reactions as if that this is really that over for this market on which it is really that something a normal correction or something we can call it an ordinary day but surprisingly there are people who arent get used to it despite on being here for a while on this crypto space. We've seen that Bitcoin did make out some breaking its ATH but not really that far off stretch and this did really give or make out some hype that the price might be able to hit up $100k if it would continue but we've seen that it did really make out such decline or correction on which its normal to have on a market. $100k might not really that too far but this wont really be a smooth sail ride. It would really be taking up some time before we would really be able to break it out. Now that we are near on Bitcoin halving then expect that we would really be able to see some higher highs but of course no one really knows on when.
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JayJuanGee
Legendary
Online
Activity: 3892
Merit: 11100
Self-Custody is a right. Say no to"Non-custodial"
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April 16, 2024, 10:59:04 PM |
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From my perspective, newbies seem to become too overly obsessed with short term profits and not considering how to stack a sufficient quantity of BTC for the long term - which surely may be one of the danger points in having a thread that focuses on the road to $100k.. .
Most times newbies forget about the big picture and that in short term Bitcoin investment, you risk more losses, unlike having a long term investment accumulating Bitcoin. The road to $100k is most relevant to those accumulating and holding Bitcoin rather than short term traders. It seems to me that the road to $100k is also short term, unless you happen to already have had been in BTC for a couple of cycles or more, then you have more freedom to do what you like, so my thinking is that there is no need to have any specific price target in the first 4 years or even longer, unless you happened to have been able to front load your investment and overaccumulate, but for the most part, long term investment is more than merely having a price target such as $100k or some other price target that might be higher up. Long term tends to involve spending quite a bit of time in the market.. which likely ends up leading to more options. even if there might be times in which the price goes up or down along the way.. and there may even be some need to hold through a whole up and down cycle and not be trying to play price waves within cycles... Sure, if you got to a point of overaccumulation you have more flexibility.. and there are not too many scenarios that I would consider overaccumulation to have had taken place in less than a 4 year cycle. Surely in accordance with your forum registration of mid-2022, there might have had been some potential that you had been able to frontload your BTC investment and/or had been able to overaccumulate BTC in the last 2-ish years, but I would have to know more before I would be able to presume you to had gotten yourself into such an overaccummulation position, and even if you are in a position of overaccumulation, that still would not justify selling all of your bitcoin, even though you would have more options than someone who might have gotten into bitcoin under other terms. Overall, we should consider that BTC's price is going up. It is just a matter of having a perspective that is long enough so that the shorter term volatility does not distract from an overall understanding of the likely price direction.
This is what I'm driving at. You articulated it better than I did. Generally, The slope is an upward climb, and there maybe slight jaggeredness on the way up there, that could be problematic for short term investors. Setting an investment range that stretches into 'long term span' sets you in motion for bigger profits. Yes. BIGGER profits and more options. $100k might not really that too far but this wont really be a smooth sail ride. It would really be taking up some time before we would really be able to break it out. Now that we are near on Bitcoin halving then expect that we would really be able to see some higher highs but of course no one really knows on when.
How do you know if there is going to be resistance at $100k or not?
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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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laijsica
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April 17, 2024, 06:50:28 AM |
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That has also been an eye opener to people to know that bitcoin price movement can't be predicted by relying on past charts alone. You have to take risks when it comes to investing, especially Bitcoin. You have drawn attention to the past price chart, in this case I think it looks positive to take a lot of our experience from the past. It is important that you practice the positive as well as the negative aspects of investing. With bitcoin breaking the past ATH before halving has really set in some level of confusion in the market because analysts don't know what else could happen, because bitcoin has reset everything and it seems that the entire process is now new. But one positive thing we can get from this is that as you rightly said, bitcoin is now getting back to $70k easily, with this the probability of it getting to $100k is now very likely.
It's just a process. The market will continue to fluctuate especially with BTC price giving an indication of how vibrant it is. There is no doubt that is preparing for another ATH very soon.
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I_Anime
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April 17, 2024, 08:34:30 AM Merited by JayJuanGee (1) |
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It seems to me that the road to $100k is also short term, unless you happen to already have had been in BTC for a couple of cycles or more, then you have more freedom to do what you like, so my thinking is that there is no need to have any specific price target in the first 4 years or even longer, unless you happened to have been able to front load your investment and overaccumulate, but for the most part, long term investment is more than merely having a price target such as $100k or some other price target that might be higher up Exactly that why aim isn't $100k , though reaching $100k would be an epic Event . But now I've to focus in building a better portfolio, by accumulating more bitcoin with the use of DCA and other related strategy. Well so far I can see some good progress in my Accumulations which shows that hard work truly pays. Was thank to those who has been impacting in me concerning Bitcoin long-term HODLing. I was able to get this far but still there's still more to be done in my Accumulations, so yeah $100k is definitely a short-term goal expecially for those who are low coiners . As a low coiner if you are too eager to withdraw your investment you may endup not yielding a better profit or return and same time endup messing up your investment. You have to take risks when it comes to investing, especially Bitcoin. You have drawn attention to the past price chart, in this case I think it looks positive to take a lot of our experience from the past. It is important that you practice the positive as well as the negative aspects of investing. well it is true that before going to any investment you must first possess a good risk tolerance before embarking in any investment. But the way sounded about the risk in Bitcoin you sounded like you where referring to shitcoins. Yeah there's risk in investing in bitcoin expecially those that are in for only short-term profit. But one thing you should know is that managing Bitcoin risk is way easier than managing others (shitcoins) . For instance one setting a long-term goal in Bitcoin as already taken a step in minimising the risk in Bitcoin, because Bitcoin is a coin with the potential of massive growth.
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tengui
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#SWGT PRE-SALE IS LIVE
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April 17, 2024, 09:32:21 AM |
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thinking bitcoin reaches $100k is something very realistic because as you said before, before the halving started the price of bitcoin had already reached $70k. However reality says otherwise because approaching the halving, Bitcoin prices tend to move down. Don't be discouraged, keep holding onto the Bitcoin you have because the opportunity to reach $100k is still wide open.
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JayJuanGee
Legendary
Online
Activity: 3892
Merit: 11100
Self-Custody is a right. Say no to"Non-custodial"
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April 17, 2024, 12:44:15 PM |
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You have to take risks when it comes to investing, especially Bitcoin. You have drawn attention to the past price chart, in this case I think it looks positive to take a lot of our experience from the past. It is important that you practice the positive as well as the negative aspects of investing. well it is true that before going to any investment you must first possess a good risk tolerance before embarking in any investment. But the way sounded about the risk in Bitcoin you sounded like you where referring to shitcoins. Yeah there's risk in investing in bitcoin expecially those that are in for only short-term profit. But one thing you should know is that managing Bitcoin risk is way easier than managing others (shitcoins) . For instance one setting a long-term goal in Bitcoin as already taken a step in minimising the risk in Bitcoin, because Bitcoin is a coin with the potential of massive growth. I would suggest that some of the main differences between managing risk in bitcoin versus shitcoins is: 1st the ability to invest long term in to bitcoin versus having to think about when to get in and when to get out of shitcoins, 2) of course, shitcoins are correlated to bitcoin so you are largely just adding another level onto bitcoin, so bitcoin has to be successful before any shitcoin even has an ability to pump 3) bitcoin can still go to zero, so no one should be implying that there is no risk in bitcoin, so the way to consider your bitcoin is that you could lose everything that you invested, yet there is such a decently valid possibility to earn to the upside that you can weigh against the possibility to go to zero so that you can adjust your bitcoin position size to attempt to account for both sides of the possibility spectrum - which means, don't invest any more than you can afford to lose.. 4) it takes a long time to build a decently sized investment portfolio that is largely allocated with bitcoin that might even start out with relatively modest allocations of bitcoin, and the bitcoin may or may not end up growing faster than any other allocations that are in the investment portfolio (not referring to shitcoins and there is not really any need to diversify beyond cash and bitcoin when first building your bitcoin investment portfolio).. yet at the same time, if you are nervous about the size of your bitcoin holdings, then you likely need to take some out from time to time while realizing that taking out of bitcoin is likely going to impair how large your overall investment portfolio grows, so those allocation decisions are trade-offs that come while you are invested into bitcoin and you figure out along the way (and also having plans in advance that you may tweak along the way, too). thinking bitcoin reaches $100k is something very realistic because as you said before, before the halving started the price of bitcoin had already reached $70k. However reality says otherwise because approaching the halving, Bitcoin prices tend to move down.
Don't be so simplistic. There is no rule that bitcoin has to go down when approaching the halvening, and it does not even make sense logically that there exist any actual dynamics that bitcoin prices have to go down before the halvening beyond a pattern of it having had happened historically, so merely because going down before the halvening has happened historically does not mean that it has to happen or that it "tends to happen". Maybe the best thing to consider is that BTC prices go up and then sometimes they might go up faster than the buying support can keep up, so then after they go up for a while they may or may not end up coming back down for a while, so in that sense bitcoin prices do not tend to go up in a straight line and it can go in either direction, including that sometimes there can be down periods contained within the middle of down periods, so it is better to be prepared for UP, just in case you are a low coiner or a no coiner... which most of the world happens to be, whether they realize their status as low coiner/no coiner or not. By the way, the BTC price has been pretty much been going up since November 2022.. Yeah sure there have been a few corrections in there, but not very many. We can say the same thing on a shorter time horizon that the BTC price has pretty much been going up since October 2023, yeah sure there have been a few price corrections in there, but not very many. So, if the price goes up a lot, there might be some times within those kinds of periods that it goes down, but the mere fact that it might go down or that it is currently seeming to go down, does not mean that it will go down, so better prepared for UP in case you don't have any or enough coins, which again most of the world is in such a position, whether they realize it or not.
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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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wmaurik
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April 18, 2024, 05:04:08 PM |
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thinking bitcoin reaches $100k is something very realistic because as you said before, before the halving started the price of bitcoin had already reached $70k. However reality says otherwise because approaching the halving, Bitcoin prices tend to move down. Don't be discouraged, keep holding onto the Bitcoin you have because the opportunity to reach $100k is still wide open.
Only weak holders would be discouraged by a small decline like now, because there are still more investors out there who continue to buy Bitcoin at this time without being discouraged by the current price correction. And if you are someone who thinks optimistically about achieving a price of $100K in Bitcoin, of course you will never be discouraged by the current condition of Bitcoin prices. Because you can think of it as an opportunity to buy at a lower price before the Bitcoin price heads to $100K.
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Hallroom
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April 18, 2024, 09:01:51 PM |
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thinking bitcoin reaches $100k is something very realistic because as you said before, before the halving started the price of bitcoin had already reached $70k. However reality says otherwise because approaching the halving, Bitcoin prices tend to move down. Don't be discouraged, keep holding onto the Bitcoin you have because the opportunity to reach $100k is still wide open.
Bitcoin price must touch 100 as it is only a matter of time, as we are in the current halving it will touch together in time. The all-time high Bitcoin touched was 73.6, so the falling Bitcoin price has created an opportunity for investors to invest.
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Oasisman
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April 18, 2024, 09:11:04 PM |
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thinking bitcoin reaches $100k is something very realistic because as you said before, before the halving started the price of bitcoin had already reached $70k. However reality says otherwise because approaching the halving, Bitcoin prices tend to move down. Don't be discouraged, keep holding onto the Bitcoin you have because the opportunity to reach $100k is still wide open.
It is indeed wide open. You may have seen bitcoin's price going down today while approaching the day of the halving, BUT the real bull run usually starts several months after the halving. It was where bitcoin tend to break new heights and records a new ATH. Though this time is a little different since bitcoin have already surpasses to a new ATH months before the halving, but I don't think it will stop there. In fact, it is slowly recovering now after it went down to $60k. I believe the investors are starting to realize what they are about to miss in the next 5-8 months from now. There are speculations that bitcoin may hit 6 digits in the last quarter of 2024 or early 2025. Only the weak hands are going to sell at their bags at this stage.
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$weetne$$
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April 18, 2024, 09:19:41 PM |
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Only weak holders would be discouraged by a small decline like now, because there are still more investors out there who continue to buy Bitcoin at this time without being discouraged by the current price correction. And if you are someone who thinks optimistically about achieving a price of $100K in Bitcoin, of course you will never be discouraged by the current condition of Bitcoin prices. Because you can think of it as an opportunity to buy at a lower price before the Bitcoin price heads to $100K.
Weak hands do not deserve to hold Bitcoin when Bitcoin gets to $100,000, any one selling Bitcoin because of the price is falling is a weak hand investors in spite the f what your investment strategy is, and they'll wish they never sold. After Bitcoin halving is done. Bitcoin will be on the road to get to $100,000 and it will happen so fast. Just as people did not believe that Bitcoin can get to $72,000 before the halving, they will be surprised when Bitcoin gets to $100,000 only few months after the halving. If you do not want to hold Bitcoin there are many institutional investors that would be willing to buy the Bitcoin that you are selling. There is going to be less Bitcoin for market buyers and price will rise because of demand of Bitcoin therefore a better strategy will be for you hold the one you have and look for money to buy more than to sell the one you own.
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Troytech
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Jacksclub.io
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April 20, 2024, 08:11:18 AM Merited by JayJuanGee (1) |
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Only weak holders would be discouraged by a small decline like now, because there are still more investors out there who continue to buy Bitcoin at this time without being discouraged by the current price correction. And if you are someone who thinks optimistically about achieving a price of $100K in Bitcoin, of course you will never be discouraged by the current condition of Bitcoin prices. Because you can think of it as an opportunity to buy at a lower price before the Bitcoin price heads to $100K.
Weak hands do not deserve to hold Bitcoin when Bitcoin gets to $100,000, any one selling Bitcoin because of the price is falling is a weak hand investors in spite the f what your investment strategy is, and they'll wish they never sold. After Bitcoin halving is done. Bitcoin will be on the road to get to $100,000 and it will happen so fast. Just as people did not believe that Bitcoin can get to $72,000 before the halving, they will be surprised when Bitcoin gets to $100,000 only few months after the halving. If you do not want to hold Bitcoin there are many institutional investors that would be willing to buy the Bitcoin that you are selling. There is going to be less Bitcoin for market buyers and price will rise because of demand of Bitcoin therefore a better strategy will be for you hold the one you have and look for money to buy more than to sell the one you own. You know we all have to look at thigns from the stand point that we Don't know the future and anything can happen right now , this would help everyone better define themselves and be prepared for anything that would happen in bitcoin. The question is what I bitcoin doesn't reach 100k after this halving, what if it takes another year or two before this happen, would I be disappointed or discouraged to carry on my bitcoin accumulation pursuit?,now if this is answered in your minds you would come to understand that it's far better to focus on accumulating bitcoin especially if you are still in your first 1-4 years in than even anticipating or praying for price increase. Most of you paying for bitcoin to reach 100k should also be aware that we would be buying bitcoin at a higher price which is bad news to me and that's is my worst case senerio right now, so what do I do and how do I prepare for up, the only way to be well prepared for up is to have enough bitcoin, infact more bitcoin In your stash, to me anyone busy anticipating price movements is a short term holder and a long term holder has no concern with such and should be more focused on buying more bitcoin.
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Kwarkam
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Activity: 88
Merit: 16
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April 21, 2024, 12:38:14 PM |
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Only weak holders would be discouraged by a small decline like now, because there are still more investors out there who continue to buy Bitcoin at this time without being discouraged by the current price correction. And if you are someone who thinks optimistically about achieving a price of $100K in Bitcoin, of course you will never be discouraged by the current condition of Bitcoin prices. Because you can think of it as an opportunity to buy at a lower price before the Bitcoin price heads to $100K.
Weak hands do not deserve to hold Bitcoin when Bitcoin gets to $100,000, any one selling Bitcoin because of the price is falling is a weak hand investors in spite the f what your investment strategy is, and they'll wish they never sold. After Bitcoin halving is done. Bitcoin will be on the road to get to $100,000 and it will happen so fast. Just as people did not believe that Bitcoin can get to $72,000 before the halving, they will be surprised when Bitcoin gets to $100,000 only few months after the halving. If you do not want to hold Bitcoin there are many institutional investors that would be willing to buy the Bitcoin that you are selling. There is going to be less Bitcoin for market buyers and price will rise because of demand of Bitcoin therefore a better strategy will be for you hold the one you have and look for money to buy more than to sell the one you own. You know we all have to look at thigns from the stand point that we Don't know the future and anything can happen right now , this would help everyone better define themselves and be prepared for anything that would happen in bitcoin. The question is what I bitcoin doesn't reach 100k after this halving, what if it takes another year or two before this happen, would I be disappointed or discouraged to carry on my bitcoin accumulation pursuit?,now if this is answered in your minds you would come to understand that it's far better to focus on accumulating bitcoin especially if you are still in your first 1-4 years in than even anticipating or praying for price increase. Most of you paying for bitcoin to reach 100k should also be aware that we would be buying bitcoin at a higher price which is bad news to me and that's is my worst case senerio right now, so what do I do and how do I prepare for up, the only way to be well prepared for up is to have enough bitcoin, infact more bitcoin In your stash, to me anyone busy anticipating price movements is a short term holder and a long term holder has no concern with such and should be more focused on buying more bitcoin. Exactly. When you look at it from that stand point, you see that the party for Bitcoin to hit 100k is only favorable to those who have been accumulating over time, as it would be, in a view, somewhat disadvantageous to those just starting up. When Bitcoin hits 100k, even the dips will still be high priced. Whatever preparation you decide to take to curb that situation is a YOU thing. There isn't any strategy that is generalistic to a prime. And yes, I agree with you that long term holders have no business timing and monitoring the markets because ar the long run, those small changes, price fluctuations, don't really matter.
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Kwarkam
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Activity: 88
Merit: 16
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April 21, 2024, 12:50:21 PM |
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So, if the price goes up a lot, there might be some times within those kinds of periods that it goes down, but the mere fact that it might go down or that it is currently seeming to go down, does not mean that it will go down, so better prepared for UP in case you don't have any or enough coins, which again most of the world is in such a position, whether they realize it or not.
That's just it. Period. While there's the decline and price falls and all of that, man this is Bitcoin, there's always that open tendency of an upward incline, most times a rather sharp one. While you do not have enough coins, or any, I think it's not wise to bank only on the fact the Bitcoin prices may drop, but also the way it can go up (We've seen that repeatedly overtime. ) as it could hinder us from investing in Bitcoin or adding [substantially] to our holdings.
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laijsica
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April 21, 2024, 02:21:05 PM |
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So, if the price goes up a lot, there might be some times within those kinds of periods that it goes down, but the mere fact that it might go down or that it is currently seeming to go down, does not mean that it will go down, so better prepared for UP in case you don't have any or enough coins, which again most of the world is in such a position, whether they realize it or not.
That's just it. Period. While there's the decline and price falls and all of that, man this is Bitcoin, there's always that open tendency of an upward incline, most times a rather sharp one. While you do not have enough coins, or any, I think it's not wise to bank only on the fact the Bitcoin prices may drop, but also the way it can go up (We've seen that repeatedly overtime. ) as it could hinder us from investing in Bitcoin or adding [substantially] to our holdings. You have to accept the fact that Bitcoin is not always bullish and you have to adjust your investments accordingly. Increase the number of bitcoins and even fix the investment goal to make your portfolio look healthy. When the price is low you add more by excluding other options, so that you can be more profitable. In order to increase the level of holdings, there will need to be more management in order to organize the buy BTC consistently. A partner will grow with the price $100k in bitcoins that could be your holdings.
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wmaurik
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April 21, 2024, 04:48:27 PM |
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Exactly. When you look at it from that stand point, you see that the party for Bitcoin to hit 100k is only favorable to those who have been accumulating over time, as it would be, in a view, somewhat disadvantageous to those just starting up. When Bitcoin hits 100k, even the dips will still be high priced. Whatever preparation you decide to take to curb that situation is a YOU thing. There isn't any strategy that is generalistic to a prime. And yes, I agree with you that long term holders have no business timing and monitoring the markets because ar the long run, those small changes, price fluctuations, don't really matter.
How do you assess the losses for those who have just started when the Bitcoin price reaches $100K later? Even though those who are just starting out still haven't experienced anything through Bitcoin, except that after buying it there can immediately be a big price drop in Bitcoin. Those who are late in starting and are still thinking longer in doing it but on the one hand they also already know the price of Bitcoin beforehand, of course the ones to blame are themselves. Because this world never waits for people who are always behind in making decisions or who think too long in making decisions for their own investments. So make decisions as precisely as possible, although not in a hurry, because for those who are just starting out, they also need a little time to analyze what they will invest in later.
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Bd officer
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April 22, 2024, 12:56:14 AM |
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thinking bitcoin reaches $100k is something very realistic because as you said before, before the halving started the price of bitcoin had already reached $70k. However reality says otherwise because approaching the halving, Bitcoin prices tend to move down. Don't be discouraged, keep holding onto the Bitcoin you have because the opportunity to reach $100k is still wide open.
Bitcoin price must touch 100 as it is only a matter of time, as we are in the current halving it will touch together in time. The all-time high Bitcoin touched was 73.6, so the falling Bitcoin price has created an opportunity for investors to invest. Yes you are right, when bitcoin price goes down it creates opportunities for investors to invest. While the price of Bitcoin is still low, there are still opportunities for those who haven't invested. But you can profit by investing at any time, for this you need to be patient and have the ability to hold for a long time. So one should continue to invest in DCA method instead of waiting for the market to decline. Bitcoin's fourth halving has already been completed. After the halving the market started to pick up a bit, today the price of Bitcoin is around 65k. Now have to wait for bull run, hope bitcoin will cross 100k in bull run. Some expect Bitcoin to hit 150-200k in a bull run. If one does not want to regret the bull run then start investing now.
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