JayJuanGee
Legendary
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Self-Custody is a right. Say no to"Non-custodial"
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June 05, 2024, 02:52:47 AM |
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Don't just wait for Bitcoin to reach 100K, because you have to invest and then wait. If you observe, you can definitely see that, as the price of Bitcoin increases, huge benefits are gained. That is why Bitcoin investment is quite useful and now is the best time to invest. Because after a few days, the price of Bitcoin will continue to increase gradually, so you should participate in the investment quickly. Those who are still away from investing should definitely invest in Bitcoin.
Is good to start early to invest but at the same time the price movement can be discouraging to some who don't know how Bitcoin works when the price starts going up and later fall back the a familiar amount. Is best to forget what the market price is giving us because any moment from now we won't be seeing the price roaming around $60k to the current price which is $69k but $70k is going to start making a run towards $80k. At some point I thought we won't be seeing Bitcoin price getting close to $70k without any obstruction dragging it back to $65k. Is best to advice people to invest in Bitcoin now but let's not forget on how to also give them the basic tool to get started because we can't be shouting start investing when they don't know how to go about business.I doubt that you are giving the best advice when you are prefacing your statement about preparing now with suggestions that the BTC price might correct down to $65k if you are also not suggesting that it might not ever correct back down to $65k ever again. It seems that the better advice for any low coiner, no coiner or beginner into bitcoin is to just keep stacking and/or preparing for UP, and yeah, if they stack and stack and stack, at some point they may well start to feel that they are sufficiently and/or adequately prepared for UP... yet any newbie investor could take 4-10 years or longer to get to such a point, unless such person might be able to frontload his/her investment into bitcoin.. otherwise getting a sufficient/adequate stake likely takes time and no need to spend too much time considering corrections but instead just regularly stacking..
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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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Kliss
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June 05, 2024, 06:48:59 AM |
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Is good to start early to invest but at the same time the price movement can be discouraging to some who don't know how Bitcoin works when the price starts going up and later fall back the a familiar amount. Is best to forget what the market price is giving us because any moment from now we won't be seeing the price roaming around $60k to the current price which is $69k but $70k is going to start making a run towards $80k. At some point I thought we won't be seeing Bitcoin price getting close to $70k without any obstruction dragging it back to $65k. Is best to advice people to invest in Bitcoin now but let's not forget on how to also give them the basic tool to get started because we can't be shouting start investing when they don't know how to go about business.
If you understand the fundamentals of bitcoin and understand the cycle on how bitcoin works you will never feel/be discouraged by the price swings in bitcoin, that's why before diving into investing in bitcoin have the knowledge and information of bitcoin price movement. Because Bitcoin price movement its part of the cycle right? the price can be volatile, but it's essential to focus on the long-term potential of Bitcoin rather than getting caught up in short term fluctuations. People should understand how Bitcoin works and check its previous statistics before they start investing in Bitcoin. It's crucial to research for the basic information and knowledge to navigate the world of Bitcoin effectively. It's all about that long term perspective in Bitcoin. Just keep stacking those sats and preparing for the upward moves. The key is to focus on accumulating over time and staying ready for the growth. It might take some time for newbie investors to build a substantial stake, but consistency is key. So keep stacking and staying focused on the bigger picture of bitcoin potential growth rather than getting discouraged with Bitcoin price movements.
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Tmoonz
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June 05, 2024, 09:42:34 AM Last edit: June 05, 2024, 10:01:17 AM by Tmoonz |
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we like speculation, because it's difficult before you can see anyone that predict the price of bitcoin against next year, it's obvious and understanding that bitcoin price have it's way of how it do it thing, bitcoin is unpredictable currency and predicting it future is like someone who just exaggerating, so we need to make our research and have in our mind of what bitcoin will manifest next year, this year predict can be some how be accepted because you are seeing it regulation, so with the current price can give you the insight to predict next months price but predicting ahead of six months time, I don't think I can accept such prediction.
No one can predict the price of Bitcoin with certainty because it is very difficult, with Bitcoin price movements being very fast, it is possible for rapid shifts to occur, but there are several aspects that must also be paid attention to to see the price in the future so that we can prepare for it. What will happen. So I think it's quite important for us to look at some speculation as to what will happen to the price of Bitcoin in the future, and there are also some things that we need to be sure of that will happen.Bitcoin is a speculative asset where everyone is privileged to predict and speculate about it's market occurrences, but the truth about it all is that past and present occurrences can never give a guarantee for the future events, but it will only give guide considering the fact that bitcoin is a growing asset where alot of things can still be introduced in the market which may or may not affect affect the market condition, staying focused and having certain level of preparedness and readiness in terms of what will become of the possible outcomes of the market condition by taking position at every given opportunities of maximizing achieving our investment goals and objectives is the best as the only thing one can be very sure is the fact that bitcoin is volatile.
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laijsica
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PredX - AI-Powered Prediction Market
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June 05, 2024, 02:51:17 PM |
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Is good to start early to invest but at the same time the price movement can be discouraging to some who don't know how Bitcoin works when the price starts going up and later fall back the a familiar amount. Is best to forget what the market price is giving us because any moment from now we won't be seeing the price roaming around $60k to the current price which is $69k but $70k is going to start making a run towards $80k. At some point I thought we won't be seeing Bitcoin price getting close to $70k without any obstruction dragging it back to $65k. Is best to advice people to invest in Bitcoin now but let's not forget on how to also give them the basic tool to get started because we can't be shouting start investing when they don't know how to go about business.
If you understand the fundamentals of bitcoin and understand the cycle on how bitcoin works you will never feel/be discouraged by the price swings in bitcoin, that's why before diving into investing in bitcoin have the knowledge and information of bitcoin price movement. Because Bitcoin price movement its part of the cycle right? It's difficult to accurately predict the price movement of Bitcoin as you can always guess but take into account past price history and upward trends to increase your holdings which warrant future price increases. Its movement is usually a reflection of investors' wishes and if you look at its previous price charts, it has mostly been in an upward trend. However, some corrections at times were only opportunities for investors to buy dips. But it should be and the bearish season encourages newbies to buy more bitcoins and stack sizes tend to increase. It's all about that long term perspective in Bitcoin. Just keep stacking those sats and preparing for the upward moves. The key is to focus on accumulating over time and staying ready for the growth. It might take some time for newbie investors to build a substantial stake, but consistency is key. So keep stacking and staying focused on the bigger picture of bitcoin potential growth rather than getting discouraged with Bitcoin price movements.
Newbie Bitcoin depositors may take a little longer to build a decent-sized stack. Sometimes if he has enough money to invest in a lump sum. But if their effort is a decent size stack then it may take atleast 2-3 years. Bitcoin is definitely going to be a reliable investment that you can be proud of in the future. You can expect an evaluation of your trust during each deposit period which is only from Bitcoin. Initially the price target we set for Bitcoin is $100k within this year which is definitely a high possibility.
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Yucky
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June 05, 2024, 03:19:16 PM |
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we like speculation, because it's difficult before you can see anyone that predict the price of bitcoin against next year, it's obvious and understanding that bitcoin price have it's way of how it do it thing, bitcoin is unpredictable currency and predicting it future is like someone who just exaggerating, so we need to make our research and have in our mind of what bitcoin will manifest next year, this year predict can be some how be accepted because you are seeing it regulation, so with the current price can give you the insight to predict next months price but predicting ahead of six months time, I don't think I can accept such prediction.
No one can predict the price of Bitcoin with certainty because it is very difficult, with Bitcoin price movements being very fast, it is possible for rapid shifts to occur, but there are several aspects that must also be paid attention to to see the price in the future so that we can prepare for it. What will happen. So I think it's quite important for us to look at some speculation as to what will happen to the price of Bitcoin in the future, and there are also some things that we need to be sure of that will happen.Bitcoin is a speculative asset where everyone is privileged to predict and speculate about it's market occurrences, but the truth about it all is that past and present occurrences can never give a guarantee for the future events, but it will only give guide considering the fact that bitcoin is a growing asset where alot of things can still be introduced in the market which may or may not affect affect the market condition, staying focused and having certain level of preparedness and readiness in terms of what will become of the possible outcomes of the market condition by taking position at every given opportunities of maximizing achieving our investment goals and objectives is the best as the only thing one can be very sure is the fact that bitcoin is volatile. although if we are considering the number of years Bitcoin has actively proven to be an asset that's of an investments quality, we can say that Bitcoin hasn't stayed that long and is still a growing asset but we can't make such statements with the assumption that it past record isn't good enough to have built a good faith from while making current investment. As long as the decentralized system is concerned, there isn't an alternative or any other asset that has stayed on a similar range of years with Bitcoin and has gained this level of relevance and importance. Gold has been an asset that people where investing into for a long period of time before bitcoin came into the limelight but hasn't had the kind of reputation and has not seen the level of pupolarity that Bitcoin has enjoyed throughout these times it has existed, and one can literally make speculation from past circle and see a similar trend that's currently playing out in a manner that's Always better than the former circle. Regardless of Bitcoins past values and the bunch of speculation that's currently going on everywhere, what's more important is that Bitcoin still continues to grow in it value on a consistent bases and that makes it an asset that's worth holding unto.
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Lidger
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June 05, 2024, 04:31:38 PM |
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Since Bitcoin crossed its peak price for the second time, we have been expecting that Bitcoin may touch $100K very soon. It may be very difficult but we can at least hope. $100K is not much above the price the market is currently at. If Bitcoin only rises above $30k, then Bitcoin will touch $100k for the first time in history. We have an expectation of how the bitcoin market will go but we can't be too sure because the opposite of our expectations can happen with the market. But sooner or later the market will touch 100k dollar at some point and then maybe that time will be a very happy moment for every investor.
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Out of mind
Sr. Member
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I like to treat everyone as a friend 🔹
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June 05, 2024, 05:14:57 PM |
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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?
A few days ago, the price of Bitcoin was dumping for some time, but currently the price of Bitcoin is showing a tendency to go back to the previous position again. As we have seen the price of Bitcoin surpassing $71k right now, and it may touch the next digit very soon. Moreover, we expect to see new ATH in the case that the Bitcoin market is likely to go beyond its current position this week. After the Bitcoin market halving, the market did not move much lower, but rather the Bitcoin market trended higher. Of course the Bitcoin market will cross $100,000 in the coming days, the current Bitcoin market is very excited so it will grow even more in the coming days. As the bull season is approaching day by day, we can expect the Bitcoin market to surpass $100k.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Hamphser
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Vave.com - Crypto Casino
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June 05, 2024, 07:58:26 PM Last edit: June 05, 2024, 08:09:30 PM by Hamphser |
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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?
A few days ago, the price of Bitcoin was dumping for some time, but currently the price of Bitcoin is showing a tendency to go back to the previous position again. As we have seen the price of Bitcoin surpassing $71k right now, and it may touch the next digit very soon. Moreover, we expect to see new ATH in the case that the Bitcoin market is likely to go beyond its current position this week. After the Bitcoin market halving, the market did not move much lower, but rather the Bitcoin market trended higher. Of course the Bitcoin market will cross $100,000 in the coming days, the current Bitcoin market is very excited so it will grow even more in the coming days. As the bull season is approaching day by day, we can expect the Bitcoin market to surpass $100k. One of the most common behavior of those investors or traders is that on the moment that Bitcoin is dumping on which they would really be freaking out instead on buying up on the dip or cheaper prices. At the moment that the price is really that making some significant move, they would really be starting to accumulate or buying as fast as they could. lol For those who do have the experience on how this market move or behaves then riding up with the waves would really be your key on sustaining yourself within the market. Dont make yourself that being too impatient on hitting up those numbers on which it might really be that looking too near but actually it wont really be that so easy to achieve out The thing here is that you do know to see whether if its an opportunity to buy or sell which you would really be needing to act fast.
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salad daging
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June 05, 2024, 09:44:00 PM |
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Since Bitcoin crossed its peak price for the second time, we have been expecting that Bitcoin may touch $100K very soon. It may be very difficult but we can at least hope. $100K is not much above the price the market is currently at. If Bitcoin only rises above $30k, then Bitcoin will touch $100k for the first time in history. We have an expectation of how the bitcoin market will go but we can't be too sure because the opposite of our expectations can happen with the market. But sooner or later the market will touch 100k dollar at some point and then maybe that time will be a very happy moment for every investor.
$100k is still realistic, many predictions target the price of $100K which is close because currently it is in the $70K area, it is not easy bitcoin has to go through a long journey after several months of sideways so for me at the end of the year maybe bitcoin can be $100K this is just speculating. That bitcoin is now more dominant up, I will continue to accumulate while there is still a chance, this price of $70K is still worth buying even though some people say it's too high and wait until the price drops, I bitcoin bitcoin will not go down significantly there is a slow rise. So you have to take advantage of the moment as long as you still believe it is the best price to buy.
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GigaBit
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June 06, 2024, 06:16:43 PM |
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In my opinion, the potential for Bitcoin price to reach $100k is likely to occur later this year. Moreover, recent market performance shows a bullish direction. However, anything can happen during this year because it is likely that before heading towards $100k it will experience a slight correction as a step towards a big increase.
If we look at the history of the Bitcoin market, we can see that the Bitcoin market was very low, but currently it is very high. Day by day the demand of bitcoin is increasing and the popularity and growth of bitcoin is going and people are paying more attention to bitcoin. Digital currency has advanced a lot in this digital world nowadays and people are choosing these virtual currencies more and more through transactions. And we know lots of people invest and trade in bitcoin just to protect their privacy and also gain a lot of money by investing in bitcoin. We can say for sure that the market in Bitcoin will touch $100k, and we can assume that it is going to happen very soon as currently the price of Bitcoin is at $71k dollars. We have seen the Bitcoin market peak ATH in 2024 touching $73k and although it went down a bit for a while but currently there is a lot of upside. And we have seen many investors predict that the Bitcoin market may not touch 150 in 2025 so we will invest and hold Bitcoin. In a nutshell what we all need to do is buy, accumulate, and hold. We are all speculating price, assumption for me is wrong, I do not believe in assumption as a fact. We are expecting Price to reach $100k, nice. As I already have said before, I can only be very optimistic about that when price creates a new ATH breaking through it since it has been ranging so far, we all should value the essence of Accumulation that the basic; Action. That's how simple things to be think needed to be done by certain people but actually there are more deeper things need to do since market is volatile and that can affect the decision making of people especially if they don't have experience to deal with situation. We have bearish market condition that can be stressful for a lot of beginner investor so I guess before deciding to invest maybe they should seek for information like that especially those unexpected corrections happen so that they can widen up their knowledge and strengthen more their beliefs towards their investment on bitcoin. For sure if they became more knowledgeable about bitcoin then they will not get affected on any negative situation that appears and can able to continue their accumulation until bitcoin would able to reach at $100k target goal which is long time awaited to happen by a lot of investors. I always say that, Early investors should not expect profit in the beginning rather should take into consideration of building a solid portfolio first, with patience and Discipline which will surely pay off with time, but the truth is many have this mindset of making money off the market in a short horizon without any goal for the future, and it makes me wonder why people joke around with a valuable asset like Bitcoin. To make profit from something one must spend time into it. Having a good knowledge of cryptocurrency is a must to get the expected profits from the cryptocurrency market. Especially with a valuable asset like Bitcoin, there are different opinions of people. Those who gain knowledge about Bitcoin will quickly be encouraged to invest in it and those who think of trading it without thinking of it as an asset that is different matter. If an investor wants to make profit, it is best to invest in Bitcoin with a long-term plan. Bitcoin is not an investment scheme where any investor will get profit after investment. If held over a long period of time, there is a big possibility for Bitcoin to rise.
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Sexylizzy2813
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June 06, 2024, 06:32:13 PM |
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Don't just wait for Bitcoin to reach 100K, because you have to invest and then wait. If you observe, you can definitely see that, as the price of Bitcoin increases, huge benefits are gained. That is why Bitcoin investment is quite useful and now is the best time to invest. Because after a few days, the price of Bitcoin will continue to increase gradually, so you should participate in the investment quickly. Those who are still away from investing should definitely invest in Bitcoin.
Is good to start early to invest but at the same time the price movement can be discouraging to some who don't know how Bitcoin works when the price starts going up and later fall back the a familiar amount. Is best to forget what the market price is giving us because any moment from now we won't be seeing the price roaming around $60k to the current price which is $69k but $70k is going to start making a run towards $80k. At some point I thought we won't be seeing Bitcoin price getting close to $70k without any obstruction dragging it back to $65k. Is best to advice people to invest in Bitcoin now but let's not forget on how to also give them the basic tool to get started because we can't be shouting start investing when they don't know how to go about business.I doubt that you are giving the best advice when you are prefacing your statement about preparing now with suggestions that the BTC price might correct down to $65k if you are also not suggesting that it might not ever correct back down to $65k ever again. Of course there will definitely be some corrections but back to $65k I don't think so, don't really know your suggestions but currently BTC price is still at $71k, to me if there seems to be any correction now it might get back to $60k not the $65k you said but if we have the price get to $78-$79k it will get back to that exact amount $65k. It seems that the better advice for any low coiner, no coiner or beginner into bitcoin is to just keep stacking and/or preparing for UP, and yeah, if they stack and stack and stack, at some point they may well start to feel that they are sufficiently and/or adequately prepared for UP... yet any newbie investor could take 4-10 years or longer to get to such a point, unless such person might be able to frontload his/her investment into bitcoin.. otherwise getting a sufficient/adequate stake likely takes time and no need to spend too much time considering corrections but instead just regularly stacking..
The mindset of many can make one assume they have arrived in terms of holding and waiting for the right time but when is the right time? Do newbies need to wait for that long (4-10years) before they can see themselves as ready investors? No time is appropriate to begin, whenever you find yourself ready financially is the right time because time waits for no one.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | | | [ | 1,000x LEVERAGE | ] | [ | . COMPETITIVE FEES | ] | [ | INSTANT EXECUTION | ] | | | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | ████████████████████████████████████████████████████████ . TRADE NOW . ████████████████████████████████████████████████████████ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ |
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wmaurik
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June 07, 2024, 10:45:58 AM |
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Since Bitcoin crossed its peak price for the second time, we have been expecting that Bitcoin may touch $100K very soon. It may be very difficult but we can at least hope. $100K is not much above the price the market is currently at. If Bitcoin only rises above $30k, then Bitcoin will touch $100k for the first time in history. We have an expectation of how the bitcoin market will go but we can't be too sure because the opposite of our expectations can happen with the market. But sooner or later the market will touch 100k dollar at some point and then maybe that time will be a very happy moment for every investor.
If there is already a belief in Bitcoin, namely about reaching $100K in Bitcoin, of course there is no need for doubt to be mixed into that belief, mate. Because price corrections in the market are something that is very common in every cycle and I think everyone who has been through several market cycles will definitely not be surprised by this. And what's unique is that they still believe in increasing the price of Bitcoin even higher because several moments that have occurred this year can certainly become a new foundation for Bitcoin which will become stronger in the market. So the potential for large price corrections also has better resistance at this time and you don't need to hesitate about that.
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Ambatman 2
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June 07, 2024, 12:55:31 PM |
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$100k is still realistic, many predictions target the price of $100K which is close because currently it is in the $70K area, it is not easy bitcoin has to go through a long journey after several months of sideways so for me at the end of the year maybe bitcoin can be $100K this is just speculating.
$100K is predicted and rampant because of human psychology We love zeros at the end of other numbers especially the number 1. It begins different level of growth and wealth Unit, ten, hundred, thousand, ten's of Thousand, hundreds of thousands, a Million etc. Once we hit 100K is the first and beginning of Bitcoin been 6 digit.
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Tamaperdana
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SOL.BIOKRIPT.COM
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June 07, 2024, 02:52:56 PM |
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Since Bitcoin crossed its peak price for the second time, we have been expecting that Bitcoin may touch $100K very soon. It may be very difficult but we can at least hope. $100K is not much above the price the market is currently at. If Bitcoin only rises above $30k, then Bitcoin will touch $100k for the first time in history. We have an expectation of how the bitcoin market will go but we can't be too sure because the opposite of our expectations can happen with the market. But sooner or later the market will touch 100k dollar at some point and then maybe that time will be a very happy moment for every investor.
Now the price of bitcoin is at 71 thousand dollars. If you look at this, it is not impossible that in the next bull market, Bitcoin could reach a price of 100 thousand dollars. However, this year my prediction is that Bitcoin will only reach a price of 80 thousand or 83 thousand dollars. Then next year I am sure bitcoin will definitely reach a price of 90-100 thousand dollars. Because if you look at previous halving cycles, Bitcoin always touched its highest ATH a year and a half after the Halving occurred. Therefore, next year will be the year when Bitcoin reaches its highest price, if referring to the previous halving.
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adultcrypto
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June 07, 2024, 03:33:44 PM Merited by JayJuanGee (1) |
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I doubt that you are giving the best advice when you are prefacing your statement about preparing now with suggestions that the BTC price might correct down to $65k if you are also not suggesting that it might not ever correct back down to $65k ever again.
Of course there will definitely be some corrections but back to $65k I don't think so, don't really know your suggestions but currently BTC price is still at $71k, to me if there seems to be any correction now it might get back to $60k not the $65k you said but if we have the price get to $78-$79k it will get back to that exact amount $65k. You sound so much like a trader in this comment. This is basically the problem I have with trying to predict the price of bitcoin because you will end up being disappointed especially if you take those prediction into action such as investment decisions. Right now, I am not looking for any serious correction again since we just left one few weeks ago. You can confirm this from the continued rise of bitcoin above $70k and holding strong at that same momentum. If this remain for a while, it will just take any positive news for bitcoin to make a new ATH. The wise thing is to continue to buy as many bitcoin as possible in this sub $100k price as no one know when the price will be set to begin the major moves. $100k is still realistic, many predictions target the price of $100K which is close because currently it is in the $70K area, it is not easy bitcoin has to go through a long journey after several months of sideways so for me at the end of the year maybe bitcoin can be $100K this is just speculating.
$100K is predicted and rampant because of human psychology We love zeros at the end of other numbers especially the number 1. It begins different level of growth and wealth Unit, ten, hundred, thousand, ten's of Thousand, hundreds of thousands, a Million etc. Once we hit 100K is the first and beginning of Bitcoin been 6 digit. It is called round number in forex trading and normal in business as people usually approximate figures to the closest memorable number. This is the reason every bitcoin investor is looking at $100k the moment price passes $50k. Based on how the human mind works, like you rightly identified, it will surely get to that price but no one know when it will happen.
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Frankolala
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June 07, 2024, 06:59:34 PM |
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Is good to start early to invest but at the same time the price movement can be discouraging to some who don't know how Bitcoin works when the price starts going up and later fall back the a familiar amount. Is best to forget what the market price is giving us because any moment from now we won't be seeing the price roaming around $60k to the current price which is $69k but $70k is going to start making a run towards $80k. At some point I thought we won't be seeing Bitcoin price getting close to $70k without any obstruction dragging it back to $65k. Is best to advice people to invest in Bitcoin now but let's not forget on how to also give them the basic tool to get started because we can't be shouting start investing when they don't know how to go about business.
If you understand the fundamentals of bitcoin and understand the cycle on how bitcoin works you will never feel/be discouraged by the price swings in bitcoin, hat's why before diving into investing in bitcoin have the knowledge and information of bitcoin price movement.
I don't think that it is important for a new beginner who wants to start his bitcoin journey to have any knowledge of bitcoin price movement, because his main focus is to keep accumulating consistently and persistently without looking looking at the price movement or trying to understand the price movement of bitcoin, because it is impossible and he is on a long term goal in which he can learn that as he is investing. There is a lot to learn about bitcoin during your accumulation journey and that is why to get started is the best thing a newbie should do, rather than distracting himself with unnecessary knowledge that can be acquire while investing. Using DCA method is good because at all price level you are buying and as you are buying, you are learning. The bull run and the bear market is enough to know and that can also be experienced during accumulating bitcoin, because those market will definitely come. No one can predict the next price of bitcoin even though they are well experienced in the market.
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Falconer
Legendary
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June 07, 2024, 08:06:48 PM |
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-snip-
If there is already a belief in Bitcoin, namely about reaching $100K in Bitcoin, of course there is no need for doubt to be mixed into that belief, mate. Because price corrections in the market are something that is very common in every cycle and I think everyone who has been through several market cycles will definitely not be surprised by this. And what's unique is that they still believe in increasing the price of Bitcoin even higher because several moments that have occurred this year can certainly become a new foundation for Bitcoin which will become stronger in the market. So the potential for large price corrections also has better resistance at this time and you don't need to hesitate about that. The road to $100k is still wide open before your eyes, it's just whether you want to take advantage of it or just want to wait for the train to roll fast. Price volatility is no longer a problem, of course there are always corrections along the way but you should know what needs to be done at that time. If you are a long-term shareholder and believe in the potential for higher prices in the future, you are the person most excited to see the price fall. Of course you can have more bitcoins as they accumulate if the price goes down, but other people will definitely feel panicked mainly because they don't want to lose their profits. The advice is, buy the dip and accumulate, then hold.
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Sexylizzy2813
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June 07, 2024, 10:28:44 PM |
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Of course there will definitely be some corrections but back to $65k I don't think so, don't really know your suggestions but currently BTC price is still at $71k, to me if there seems to be any correction now it might get back to $60k not the $65k you said but if we have the price get to $78-$79k it will get back to that exact amount $65k.
You sound so much like a trader in this comment. This is basically the problem I have with trying to predict the price of bitcoin because you will end up being disappointed especially if you take those prediction into action such as investment decisions. Right now, I am not looking for any serious correction again since we just left one few weeks ago. You can confirm this from the continued rise of bitcoin above $70k and holding strong at that same momentum. If this remain for a while, it will just take any positive news for bitcoin to make a new ATH. The wise thing is to continue to buy as many bitcoin as possible in this sub $100k price as no one know when the price will be set to begin the major moves. How in Earth can you tell if I'm a trader or not judging by my comments 😁? Well it doesn't matter. Weather you like it or not there's going to be some corrections and is something that you can't stop or avoid concerning Bitcoin movement and I agree with you that is best to buy and hold, it will do us much good if we think of holding more than we sell. Pressure of losing makes holders sell when they're not suppose to, with the market price and how it has been roaming around $69-$71k I feel in less than no time we might be having a new ATH maybe before the end of the month but I hope it won't cause another distress in making business move smoothly.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | | | [ | 1,000x LEVERAGE | ] | [ | . COMPETITIVE FEES | ] | [ | INSTANT EXECUTION | ] | | | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | ████████████████████████████████████████████████████████ . TRADE NOW . ████████████████████████████████████████████████████████ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ |
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batang_bitcoin
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June 07, 2024, 11:21:39 PM |
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If you are a long-term shareholder and believe in the potential for higher prices in the future, you are the person most excited to see the price fall. But no, not everyone doesn't like to see bitcoin's price fall. Only those that are waiting to buy the dip are but basically, even you're a long term holder and wishes to stack up more, you'd be happy as well. Of course you can have more bitcoins as they accumulate if the price goes down, but other people will definitely feel panicked mainly because they don't want to lose their profits. The advice is, buy the dip and accumulate, then hold.
Those that will panic will definitely not like to see the market crash as soon as possible. Majority of us are long term holders but it's painful for them to see that the value of their assets drop. I've been there and felt that and it's no fun but that will give you a tougher feeling towards this crazy highly volatile Bitcoin. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Rent this sig space so that BTC goes to $100k.
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Rustam Meraj
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June 08, 2024, 02:42:00 AM |
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The road to $100k is still wide open before your eyes, it's just whether you want to take advantage of it or just want to wait for the train to roll fast. Price volatility is no longer a problem, of course there are always corrections along the way but you should know what needs to be done at that time.
If you are a long-term shareholder and believe in the potential for higher prices in the future, you are the person most excited to see the price fall. Of course you can have more bitcoins as they accumulate if the price goes down, but other people will definitely feel panicked mainly because they don't want to lose their profits. The advice is, buy the dip and accumulate, then hold.
I totally agree that reaching $100k is still possible and it is up to each person to take advantage of it or not. Price changes can be scary but smart investors know that downturns are temporary and can be used to their benefit. As someone who invests for long term I see price drops as chances to buy more bitcoins at lower price which can lead to bigger gains later. Some investors might panic and sell missing chance to buy low and hold on for long term. Key is to believe in bitcoin potential and have patience to ride out market ups and downs.
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