Road to 100k?

[Barikui1]

I totally agree that saving money during inflation is very hard. By the way it is  good to invest but first you need to make sure you have enough money for living expenses. You should have solid budget in place before investing and also save some extra money so you do not have to sell your investments when prices are low. Changing your investment plans because you do not have enough money can be annoying and costly. So I think it is good idea to build a portfolio and also save some extra money it's a smart way to invest.

There is no more enough money for living expenses this days as inflation keeps biting deeper every now and then making money you thought was going to be enough today turning not to be enough the next day and the day after... all thanks to the bastard called inflation.

What I think is, whether of a lower or higher class investor, people should best concentrate on creating an investment portfolio that is within their financial ability and try not to stress it beyond their budget. And very importantly, savings is one thing that can't be overemphasized, having savings aside that should serve as emergency funds is one good practice to achieving a successful investment plan because you will have no reason that would condition you to change your investment plan.

Their is a saying in my locality that the money you save today will will save you tomorrow, but to me, savings in this our current economic situation can't achieve it full potential that it was intended to due to inflation, but the best advice I can give to anyone that have any intention of saving money is that, instead of saving fiat while inflation ravaged it, it's best you save your money in anything that appreciate in value overtime, something like Bitcoin, gold and land.

And lastly, most people find it difficult to save money this days due to hardship, because it's only person that have first of all eaten that will even think of saving, but in essence, if in this difficult economy, you try to squeeze out something, try to hold that money in anything that appreciate in value overtime, so you wouldn't be in a loss, when you finally decided to use it.

[Stablexcoin]

I totally agree that saving money during inflation is very hard. By the way it is  good to invest but first you need to make sure you have enough money for living expenses. You should have solid budget in place before investing and also save some extra money so you do not have to sell your investments when prices are low. Changing your investment plans because you do not have enough money can be annoying and costly. So I think it is good idea to build a portfolio and also save some extra money it's a smart way to invest.

There is no more enough money for living expenses this days as inflation keeps biting deeper every now and then making money you thought was going to be enough today turning not to be enough the next day and the day after... all thanks to the bastard called inflation.

What I think is, whether of a lower or higher class investor, people should best concentrate on creating an investment portfolio that is within their financial ability and try not to stress it beyond their budget. And very importantly, savings is one thing that can't be overemphasized, having savings aside that should serve as emergency funds is one good practice to achieving a successful investment plan because you will have no reason that would condition you to change your investment plan.

Their is a saying in my locality that the money you save today will will save you tomorrow, but to me, savings in this our current economic situation can't achieve it full potential that it was intended to due to inflation, but the best advice I can give to anyone that have any intention of saving money is that, instead of saving fiat while inflation ravaged it, it's best you save your money in anything that appreciate in value overtime, something like Bitcoin, gold and land.

And lastly, most people find it difficult to save money this days due to hardship, because it's only person that have first of all eaten that will even think of saving, but in essence, if in this difficult economy, you try to squeeze out something, try to hold that money in anything that appreciate in value overtime, so you wouldn't be in a loss, when you finally decided to use it.

Someone in a tight situation who can barely earn or foot his bills can not in any way squeeze out something to save. Inflation rises faster as the year runs out. For someone in that situation, it is best he use his money to learn a bigger skill or start a small business. In this case he would be aware that he did not eat because of a good reason. The new skill might start paying him better in a few months or the little business might start yielding profits gradually.

The only difficult part of taking such action is that people are too shy these days to start a mini business. They expect to have millions before starting any business.

[laijsica]

-snip-

I totally agree that saving money during inflation is very hard. By the way it is  good to invest but first you need to make sure you have enough money for living expenses. You should have solid budget in place before investing and also save some extra money so you do not have to sell your investments when prices are low. Changing your investment plans because you do not have enough money can be annoying and costly. So I think it is good idea to build a portfolio and also save some extra money it's a smart way to invest.

Of course, you must have good planning before investing and expecting returns. Having a reserve budget is part of planning for every investor, but not everyone understands it. Having a reserve budget is necessary so that you keep your investment assets intact in the long term, while you can save and accumulate so that your portfolio continues to increase.

Before you can achieve your goal in the future, you need to set a good plan that will drive you smoothly to achieve your goal without any mistakes in your journey, because you must invest in the bearish season for you to be able to achieve high income in the bullish season. Those that understood it, we definitely save some huge amount of capital or budget to make their plan function in the investment, because it will allow you to purchase a huge amount of Bitcoin when the bearish season appear in the market, which is the right season many investors use to achieve their opportunity to hold Bitcoin. Whenever you succeed to purchase Bitcoin from the Lowest price in the market, and apply long term holding, it show that you are on the road that will lead you to $100,000, because that is the price that will make some investors to sell their Bitcoin when bullish season appear.

Bearish seasons definitely recommend buying more BTC . Holding seriously above following DCA procedure for this. DCA strategy is very effective for high returns as compared to others which will show buying high low in different price combinations. Where your target BTC stacks looks bigger over time.
When you continue DCA consistently year after year you don't need to look at the latest market value because your focus is on a full circle. Completing one circle will motivate you to start the next one which will lead to higher investment returns in the future. Here if your target is 100k then it is important to take care of the amount of float money to avoid the hurdle of investing at high rate. I've noticed investment advisors putting more emphasis on holding cash and motivating everyone. Because you may need extra money for various reasons such as job loss, urgent physical illness or anything else. Don't withdraw your investment funds midway through this urgent need. You may be able to stop buying for a while in an emergency but you can make up for it later by buying the same amount. The goal is timely decisions to overcome holding obstacles.

[teamsherry]

Another factor that cam affect ongoing investment can be improper cashflow management, at times people tend to over  allocate to Bitcoin and find themselves in a situation where they need to sell part to balance those ares they have been neglecting. Even situation where someone fails to keep floats around or reserves and end up needing an extra money to settle some stuff, all this are examples of improper cashflow management.

Exactly.  Improper cashflow management may well lead someone to be continuously having emergencies, and surely there can be situations that might seem to be an emergency to some people but if you are managing your cashflow with emergency funds and reserves, it would be likely that the most major situations that arise would end up being taken from the guy's reserves, and then the reserves would end up getting built back up.. and it could take bit of time to rebuild the reserves depending on how severe of a situation had taken place. which still might not rise to the level of an emergency. which could be getting hit by a bus or in some other way losing your income and/or increasing your expenses for a period time that hopefully ends up being temporary rather than permanent.

Yeah and most times some folks tend to neglect the power of having a good cash reserv available for you at anytime, cause at times we might find ourselves in some kind of unplanned situation that requires immediate attention and if we had not prepared ourselves in advance we might end up having to use our emergency funds for such situation, Yeah some persons can argue that we must only use our emergency funds in cases if emergency but for someone that doesn't know about good cashflow management and has not at anytime prior taken time to calculate his expenses and kept floats or built reserves and emergency funds can always be in a state of emergency and i like to see emergency as any very pressing need and it might not always be severe like an accident or health issue or maybe house issue, this can at times be the simplest of situation like when we have to spend money on a business or building project and we didn't plan ourselves well and it happen, if someone isn't careful they might have no choice than to want to dip their hands Into their bitcoin to settle that issue thinking of buying back later.

The end point is having a good cashflow management and having a sence to have cash around just in case can save you from a lot of trouble or emergency that may tend to rise from time to time.

[Hewlet]

I totally agree that saving money during inflation is very hard. By the way it is  good to invest but first you need to make sure you have enough money for living expenses. You should have solid budget in place before investing and also save some extra money so you do not have to sell your investments when prices are low. Changing your investment plans because you do not have enough money can be annoying and costly. So I think it is good idea to build a portfolio and also save some extra money it's a smart way to invest.

There is no more enough money for living expenses this days as inflation keeps biting deeper every now and then making money you thought was going to be enough today turning not to be enough the next day and the day after... all thanks to the bastard called inflation.

What I think is, whether of a lower or higher class investor, people should best concentrate on creating an investment portfolio that is within their financial ability and try not to stress it beyond their budget. And very importantly, savings is one thing that can't be overemphasized, having savings aside that should serve as emergency funds is one good practice to achieving a successful investment plan because you will have no reason that would condition you to change your investment plan.

Their is a saying in my locality that the money you save today will will save you tomorrow, but to me, savings in this our current economic situation can't achieve it full potential that it was intended to due to inflation, but the best advice I can give to anyone that have any intention of saving money is that, instead of saving fiat while inflation ravaged it, it's best you save your money in anything that appreciate in value overtime, something like Bitcoin, gold and land.

And lastly, most people find it difficult to save money this days due to hardship, because it's only person that have first of all eaten that will even think of saving, but in essence, if in this difficult economy, you try to squeeze out something, try to hold that money in anything that appreciate in value overtime, so you wouldn't be in a loss, when you finally decided to use it.

Someone in a tight situation who can barely earn or foot his bills can not in any way squeeze out something to save. Inflation rises faster as the year runs out. For someone in that situation, it is best he use his money to learn a bigger skill or start a small business. In this case he would be aware that he did not eat because of a good reason. The new skill might start paying him better in a few months or the little business might start yielding profits gradually.

in the midst of the inflation and economic hardship that's disturbing almost all the nations of the world, people are still surviving, creating opportunities out of it and still investing during those times. I understand how bad it can get but part of the investment you should also do while making investment into real asset like Bitcoin is to invest into yourself such that you can comfortably survive in the midst of inflation and economic hardship. We're all humans and it's not even reasonable to tell someone that's yet to create an income that's enough for his upkeep to start investing into Bitcoin. Such individual can't invest and definitely can't make any provision for emergency funds and to be really honest he is in a state of emergency himself.

But let's establish the fact that life doesn't happen by magic. if you don't prepare well for your future, you will end up talking about inflation and high cost of living all your life without making any necessary move at all as regards how best to take yourself out of it. Let's also know that Bitcoin investments isn't for everybody and so it's even inappropriate to invest into Bitcoin when you don't have a meaningful source of income. Most of the people that are to eager to see Bitcoin price shoot up high to a dramatic price so they will take thier profit are individuals that aren't financially strong but invested all they've got hoping to get a sudden profit in Thier investment in no time.

The only difficult part of taking such action is that people are too shy these days to start a mini business. They expect to have millions before starting any business.

it's not everyone that needs to start up a Business, some will just need to attach themselves to an already existing firm and take care of themselves from there. And you don't even need to have a big business or earn too much to be able to invest into Bitcoin. As long as you're able to take care of yourself from your earning and you have some reserve that can go into investing into an asset, then you're good to go and even if you start buying you Bitcoin with as low as $10 at the time because you've not fixed your financial life first, as you grow in your workplace or start up a business in the long run, you will be able to increae the allocation you use in buying your Bitcoin from then and you know already that it's more deficult to start than continuing so as long as you're able to start buying even with a small amount of money and maybe your portfolio is small at the time, it will still serve as a source of encouragement that will enable you buy more in the long run.

[laijsica]

it's not everyone that needs to start up a Business, some will just need to attach themselves to an already existing firm and take care of themselves from there. And you don't even need to have a big business or earn too much to be able to invest into Bitcoin. As long as you're able to take care of yourself from your earning and you have some reserve that can go into investing into an asset, then you're good to go and even if you start buying you Bitcoin with as low as $10 at the time because you've not fixed your financial life first, as you grow in your workplace or start up a business in the long run, you will be able to increae the allocation you use in buying your Bitcoin from then and you know already that it's more deficult to start than continuing so as long as you're able to start buying even with a small amount of money and maybe your portfolio is small at the time, it will still serve as a source of encouragement that will enable you buy more in the long run.

Your profitability in support of Bitcoin investment is important to your long-term holding. You can start with as little as $10 in DCA method, it's not out of your reach. But if you've been investing or holding for the long term, your investment success can multiply because you've had consistency in your accumulation. If you have $10 left after paying all your family's expenses, you better start with that. Another important thing you should keep is a cash balance so that you don't have to fold your investment mid-way in case of emergency. Holding it may not look good in your portfolio but in the long run you can definitely expect good returns. Even if you get used to DCA method, you will continue to increase the level of savings as your income increases. You should keep in mind that continuous and consistent strategy investing can lead to a combination of prices ranging from bearish prices to high prices and it's average prices. As a result, you can get a full circle at a low price and you will continue to take much higher profits.

[Oneandpure]

Their is a saying in my locality that the money you save today will will save you tomorrow, but to me, savings in this our current economic situation can't achieve it full potential that it was intended to due to inflation, but the best advice I can give to anyone that have any intention of saving money is that, instead of saving fiat while inflation ravaged it, it's best you save your money in anything that appreciate in value overtime, something like Bitcoin, gold and land.

And lastly, most people find it difficult to save money this days due to hardship, because it's only person that have first of all eaten that will even think of saving, but in essence, if in this difficult economy, you try to squeeze out something, try to hold that money in anything that appreciate in value overtime, so you wouldn't be in a loss, when you finally decided to use it.

Currently is marketing of Bank in your country how to make their citizen keep loyal for saving money in the bank and promising will help them in the future, actually is bad effect with how long our money put in the bank get inflation values and less feedback from bank effort receiving how many years keep hold or save your money in the Bank. Get difficult financial condition I think not easy spending or saving money between in the Bank or holding as investment assets in cryptocurrency, gold and property assets.

Need to give more education every every people has decision hold or put their money in the bank with increasing values and getting inflation in the future, save it in bitcoin and expected the way for bitcoin reach to higher price around $100k is near future and take it as our long term investment.

[wmaurik]

Someone in a tight situation who can barely earn or foot his bills can not in any way squeeze out something to save. Inflation rises faster as the year runs out. For someone in that situation, it is best he use his money to learn a bigger skill or start a small business. In this case he would be aware that he did not eat because of a good reason. The new skill might start paying him better in a few months or the little business might start yielding profits gradually.

The only difficult part of taking such action is that people are too shy these days to start a mini business. They expect to have millions before starting any business.

Actually, it's not a shame for some people who don't want to start a small business, but more because their prestige is too big so they don't start it. But when someone is still reluctant to do such a thing, while they really like Bitcoin and hope it can go to $100K, how are they going to buy Bitcoin before the price of Bitcoin goes to $100K? This should be a question for those who don't want to work to earn more money by improving their respective skills. Because improving our own skills is quite important so that we can reinvest the income we generate in Bitcoin and hope for more profits from there.

[Lanatsa]

Someone in a tight situation who can barely earn or foot his bills can not in any way squeeze out something to save. Inflation rises faster as the year runs out. For someone in that situation, it is best he use his money to learn a bigger skill or start a small business. In this case he would be aware that he did not eat because of a good reason. The new skill might start paying him better in a few months or the little business might start yielding profits gradually.

The only difficult part of taking such action is that people are too shy these days to start a mini business. They expect to have millions before starting any business.

Actually, it's not a shame for some people who don't want to start a small business, but more because their prestige is too big so they don't start it. But when someone is still reluctant to do such a thing, while they really like Bitcoin and hope it can go to $100K, how are they going to buy Bitcoin before the price of Bitcoin goes to $100K? This should be a question for those who don't want to work to earn more money by improving their respective skills. Because improving our own skills is quite important so that we can reinvest the income we generate in Bitcoin and hope for more profits from there.

If you do really have those kind of goals then of course it would really be needing up that respective plans and approach on how you would really be trying out to diversify whether you would really be doing some more investment or would really be learning up some more skills on which it could give out that kind of chances that you could really be able to accumulate more. We do know that each person does have that different level of knowledge when it comes to Bitcoin or entire crypto space on which decisions would be made is something that will really be in line on what you would really be doing.
In speaking about $100k then this is something that we could really be able to reach out, it is really just that there's no one would really be able to know on when it would happen.

Just make yourself that not too optimistic on things so that you wont really be having that kind of impatient condition on which it might really be ending up with those premature decisions just because
you do find yourself having no patience or cant really be able to wait up on whats on your mind.

[Agbamoni]

Someone in a tight situation who can barely earn or foot his bills can not in any way squeeze out something to save. Inflation rises faster as the year runs out. For someone in that situation, it is best he use his money to learn a bigger skill or start a small business. In this case he would be aware that he did not eat because of a good reason. The new skill might start paying him better in a few months or the little business might start yielding profits gradually.

The only difficult part of taking such action is that people are too shy these days to start a mini business. They expect to have millions before starting any business.

Actually, it's not a shame for some people who don't want to start a small business, but more because their prestige is too big so they don't start it. But when someone is still reluctant to do such a thing, while they really like Bitcoin and hope it can go to $100K, how are they going to buy Bitcoin before the price of Bitcoin goes to $100K? This should be a question for those who don't want to work to earn more money by improving their respective skills. Because improving our own skills is quite important so that we can reinvest the income we generate in Bitcoin and hope for more profits from there.

You can't buy what you can't afford that is something we all know. If you aspire to get Bitcoin before the price reaches 100k yeah it is good, but if your income is not enough for you talk more of investing through it then there is nothing to be done there. The solution is to look for a better source of income or use the one you have and make good use of it to become successful. Although trying to do other business before investing would take some time, since the business needs time to grow and start yielding good result.

There is always a good time to buy Bitcoin whether the price is at 100k or above. Trust me if you are in the level of earning $1000 monthly you can DCA and get a lot of Bitcoin. If you're below this standard all you need to do is to get to this level. Because there are some things you can't afford unless you have reached the level to afford them.

[Miles2006]

Someone in a tight situation who can barely earn or foot his bills can not in any way squeeze out something to save. Inflation rises faster as the year runs out. For someone in that situation, it is best he use his money to learn a bigger skill or start a small business. In this case he would be aware that he did not eat because of a good reason. The new skill might start paying him better in a few months or the little business might start yielding profits gradually.

The only difficult part of taking such action is that people are too shy these days to start a mini business. They expect to have millions before starting any business.

Actually, it's not a shame for some people who don't want to start a small business, but more because their prestige is too big so they don't start it. But when someone is still reluctant to do such a thing, while they really like Bitcoin and hope it can go to $100K, how are they going to buy Bitcoin before the price of Bitcoin goes to $100K? This should be a question for those who don't want to work to earn more money by improving their respective skills. Because improving our own skills is quite important so that we can reinvest the income we generate in Bitcoin and hope for more profits from there.

You can't buy what you can't afford that is something we all know. If you aspire to get Bitcoin before the price reaches 100k yeah it is good, but if your income is not enough for you talk more of investing through it then there is nothing to be done there. The solution is to look for a better source of income or use the one you have and make good use of it to become successful. Although trying to do other business before investing would take some time, since the business needs time to grow and start yielding good result.

There is always a good time to buy Bitcoin whether the price is at 100k or above. Trust me if you are in the level of earning $1000 monthly you can DCA and get a lot of Bitcoin. If you're below this standard all you need to do is to get to this level. Because there are some things you can't afford unless you have reached the level to afford them.

I wonder why people find it difficult accumulating bitcoin with the little they have, aside the $100k speculation and other speculation investors focus should be directed to a long term plan mostly when accumulating with little amount for a set  goal not minding till they’ve gotten a balanced portfolio using dca strategy, investors with little income should focus on dca till they’ve gotten to a better position like I remembered setting an example, after salary payment weekly an investor can write down budget for accumulating like 15% weekly and other percentage can be use for needs and reserve funds. If any investor continue the act weekly as usual I believe an investor will make profit during the long run

[Pi-network314159]

I wonder why people find it difficult accumulating bitcoin with the little they have, aside the $100k speculation and other speculation

What I discovered that makes people find it difficult to accumulate bitcoin with the little they have is the act of greed or having high hopes of quick return, and lack of DYOR. While I say greed is that most people overhead people talks about how people became rich from bitcoin investment they never did a proper research to know exactly how it is, to know that it is only the Long term HODLers that make it in bitcoin investment, out of much excitement thinking that they have found the shortest court to wealth, they didn bother to have an insight into bitcoin Investment and what it entails, they used out of greed and put all their money in bitcoin. After waiting for some time the results they got was different from what they heard, that is why most people invest what they can't afford and sell off quickly at lost. For the $100k speculation, that was exactly what drage most of them to invest.

[Barikui1]

I wonder why people find it difficult accumulating bitcoin with the little they have, aside the $100k speculation and other speculation

What I discovered that makes people find it difficult to accumulate bitcoin with the little they have is the act of greed or having high hopes of quick return, and lack of DYOR. While I say greed is that most people overhead people talks about how people became rich from bitcoin investment they never did a proper research to know exactly how it is, to know that it is only the Long term HODLers that make it in bitcoin investment, out of much excitement thinking that they have found the shortest court to wealth, they didn bother to have an insight into bitcoin Investment and what it entails, they used out of greed and put all their money in bitcoin. After waiting for some time the results they got was different from what they heard, that is why most people invest what they can't afford and sell off quickly at lost. For the $100k speculation, that was exactly what drage most of them to invest.

To me I don't really think it's greed, what I think is that, most of this low class people are actually struggling to survive, they can barely feed three square meal a day, and when in such a terrible situation, the thing that mostly comes into your mind is where the next meal is going to come from, am saying this because I have been in that kind of space at a point in my life, during that time it will be extremely difficult to think of anything else aside how you are going to have your next meal, so I don't actually think it's greed.

Lastly, due to how inflation have taken over every price of goods and services in the state, it's very difficult to squeeze out something that will be used to DCA into Bitcoin, but if they manage to do it, by starving themselves from most things, it wouldn't be unsustainable on the longer run, because at some point they would have to temper with their few holding when encountering some financial difficulties, since they don't have that leverage of having an emergency fund.

[teamsherry]

I wonder why people find it difficult accumulating bitcoin with the little they have, aside the $100k speculation and other speculation

What I discovered that makes people find it difficult to accumulate bitcoin with the little they have is the act of greed or having high hopes of quick return, and lack of DYOR. While I say greed is that most people overhead people talks about how people became rich from bitcoin investment they never did a proper research to know exactly how it is, to know that it is only the Long term HODLers that make it in bitcoin investment, out of much excitement thinking that they have found the shortest court to wealth, they didn bother to have an insight into bitcoin Investment and what it entails, they used out of greed and put all their money in bitcoin. After waiting for some time the results they got was different from what they heard, that is why most people invest what they can't afford and sell off quickly at lost. For the $100k speculation, that was exactly what drage most of them to invest.

To me I don't really think it's greed, what I think is that, most of this low class people are actually struggling to survive, they can barely feed three square meal a day, and when in such a terrible situation, the thing that mostly comes into your mind is where the next meal is going to come from, am saying this because I have been in that kind of space at a point in my life, during that time it will be extremely difficult to think of anything else aside how you are going to have your next meal, so I don't actually think it's greed.

Lastly, due to how inflation have taken over every price of goods and services in the state, it's very difficult to squeeze out something that will be used to DCA into Bitcoin, but if they manage to do it, by starving themselves from most things, it wouldn't be unsustainable on the longer run, because at some point they would have to temper with their few holding when encountering some financial difficulties, since they don't have that leverage of having an emergency fund.

You might be right but at same time would I be advisable to invest into anything when you are already in a state of emergency, from my experience anyone who isn't balanced or have a steady income should not invest at all, cause can you hold when you cashflow isn't balanced or even steady and you always going to find yourself in need from time to time, that's is very unrealistic to me, such persons should first get himself in oder before thinking of investing, think of it this way can I prioritise investing in bitcoin over my food or shelter, the answer is no cause this are very basic needs for everyone, but if I had some spare money that I can save then it's possible.

For a person that is poor, it's most advisable for then to invest with spare money or money they won't be needing cause you know any money you put in bitcoin should not be touched untill the desired investment time.

[Sexylizzy2813]

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.

[Tmoonz]

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.

Why getting worried over the price going up, it is only certain that no one can actually speculate or predict how much of an upward trends or downward trends the market conditions can be, but the market has always prove that when it comes down it goes up our most concern should be taken advantage of both market conditions in order to have a sizeable worth of Bitcoin up to a reasonable amount and hold as much longer time as possibly achieving our investment goals and objectives.

[JayJuanGee]

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.

Why getting worried over the price going up, it is only certain that no one can actually speculate or predict how much of an upward trends or downward trends the market conditions can be, but the market has always prove that when it comes down it goes up our most concern should be taken advantage of both market conditions in order to have a sizeable worth of Bitcoin up to a reasonable amount and hold as much longer time as possibly achieving our investment goals and objectives.

Anyone who has been in bitcoin for less than 4-6 years (and who had not been able to frontload his/her investment into bitcoin), should be really thrilled about bitcoin's price either going down or stalling in its going up... so the longer at the bitcoin price either goes down and/or fails/refuses to go up, then the better it should be for people in that category.

Yeah of course, the short term traders and those who are wanting to play this particular cycle are hoping to get a quickie payoff, so yeah, those folks likely do not really understand bitcoin very well anyhow (or they are just children in their mindset and their inabilities to defer gratification).

If you had not noticed, I am not very sympathetic towards folks getting into bitcoin and playing short term plays (or at least if they seem to be complaining about how the short-term plays are going), and maybe this whole thread has a kind of focus on short-term plays, since surely $100k is a short-term play.. and a stop along the way, so talking about it in any other way than a short-term play hardly makes sense, so we have folks complaining that we are not getting to $100k fast enough.. which maybe was similar to the 2021/2022 complaint, and so we are back in that kind of a short-term focus, and perhaps even more expectations of getting there soon.. which may or may not end up happening in any kind of soon way.. even though if we zoom out, we likely will appreciate that we are in a good place and even likely at some point when we get to $100k and go past it, we  have also been playing out in good ways.. yet of course, nothing is guaranteed, and we might end up in sub $100k prices or many more years, perhaps even another whole cycle.

[Sexylizzy2813]

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.

Why getting worried over the price going up, it is only certain that no one can actually speculate or predict how much of an upward trends or downward trends the market conditions can be, but the market has always prove that when it comes down it goes up our most concern should be taken advantage of both market conditions in order to have a sizeable worth of Bitcoin up to a reasonable amount and hold as much longer time as possibly achieving our investment goals and objectives.

It is true that no one has the accurate prediction on how much Bitcoin price is going to be in the next 5 hours but I'm looking at the brighter side like seeing Bitcoin making a hit at $100k but when it only goes down it becomes a problem and people get worried if they're going to lose all their investment without any profit. The market condition is becoming healthy at some point but getting back to $60k is not impressive at all, some might sell when it gets to $65-$67k I guess.

[STT]

At this point there is a determined downtrend over 7 consecutive weekly bars, its not the worst sell off but the surprising thing is we remain quite bullish.   I do not think its incorrect to remain bullish however it is correct to change the time frame to your expectations, BTC like almost every asset will rarely move in straight lines and once again this is proven to be the case.

57k is the next stop in sight not 100k, to go upwards to that extent would require a massive reversal.  We have to presume the trend which is a decline of BTC price action to lower prices to continue, until proof arrives to contradict that presumption then its probable for further negative movement to occur.  I think at least we meet the 200 day average but also I reckon we take an entire summer to debate all prices.

[laijsica]

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.

Why getting worried over the price going up, it is only certain that no one can actually speculate or predict how much of an upward trends or downward trends the market conditions can be, but the market has always prove that when it comes down it goes up our most concern should be taken advantage of both market conditions in order to have a sizeable worth of Bitcoin up to a reasonable amount and hold as much longer time as possibly achieving our investment goals and objectives.

It is true that no one has the accurate prediction on how much Bitcoin price is going to be in the next 5 hours but I'm looking at the brighter side like seeing Bitcoin making a hit at $100k but when it only goes down it becomes a problem and people get worried if they're going to lose all their investment without any profit. The market condition is becoming healthy at some point but getting back to $60k is not impressive at all, some might sell when it gets to $65-$67k I guess.

The price of Bitcoin can be speculated but it does not match the reality in many cases. BTC touching $100k isn't unrealistic but you should keep your target holdings for the long term. By managing DCA over a long period of time you can own a full fraction of BTC as well as get the dips price. If the price dips for a while longer then you should be more excited because you are getting a chance to accumulate more. The current market stability for $65k -$67k price selling decision maybe against your far from expected profits . Regardless of your selling decision should have been more timely. I think you are in short term trading business. Since you are in the holding, your goal should be to keep the holding going until the price of BTC touches $100k.