The price of Bitcoin is constantly increasing and sometimes dumping is normal, if such dumping is to create opportunities for investors to invest, all investors can use these dumpings to make their money in the investment sector. So such a dumping in Bitcoin market is not really a matter of disappointment and it recovers again. But if you think from other angles, you will realize that such a situation is possible only with Bitcoin.
So the price of Bitcoin will definitely hit 100 is very likely to happen later this year, this may be the last dumping of the bull run, from now on only the Bitcoin market will see improvement. And you start doing DCA method in this method money and bitcoin can be added very easily.
We may see temporary dumping and pumping in the market but we should invest considering the overall market without getting excited about this temporary dumping and not getting too excited about temporary pumping. For those of us who plan long-term investments, investment decisions may be very easy because at any point in the process an investor can invest. Many of us get upset when the market temporarily dumps after we invest, but we can think of this temporary dumping of the market as an alternative.
Like I already have some amount of investment and after having that investment the market dump a lot then we should invest more money at that time because from that level of price when bitcoin will pump again but we will be in enough profit.
There is no reason to think that investing will always make a profit because investing will not always guarantee an investor a profit. Many people invest in fixed time plans and there are some investors who invest based on the market value. As my plan is when bitcoin price hits 100k dollars I will sell my investments and in second phase reinvest in long term plan. I am getting many indications that the market will touch 100k dollars and I have enough confidence in the market that I will hold my bitcoin until the price of bitcoin touches 100k dollars and when I have money I will increase my investment.
If I can invest in this way and if the investment is consistent as per the plan then surely I will reach my goal.
I suppose guys can do whatever they like, yet your plan sounds a bit psycho.
Your ultimate goal seems to be to invest into bitcoin for the long run, so you are largely stacking up right now, and potentially at several price points before $100k, and then when bitcoin either gets close to $100k or perhaps goes over $100k, then you are going to presumptively sell everything in order that you can buy back at a lower price... and so then after you buy back, thereafter you would presumptively be in bitcoin for the longer term (and maybe you will continue to trade from time to time, but at this time, you are not sure of the price points for your future trades in similar kinds of ways as you currently have confidence in your planned $100k-ish trade)... yet even with your $100k-ish trade I wonder if you have ideas at what price points you would be buying back. or would it be one price point, since you might be wanting to play BIG or go home since you are so confident in your vision about what the BTC price is going to do in the next couple of waves..
Presumptively you are engaging in trading because you consider there to potentially be "free money" on the table, and no one can really tell you otherwise.
Long term investors do not attempt to fuck around with their BTC stash in such a way because it causes a few problems. First is the one I already described of getting the trade right or even close to right. Second its that you get into a wrong kind of mindset instead of ongoingly accumulating bitcoin you are waiting around trying to figure out a kind of ideal time to get out and then get back in. Third, being out of bitcoin tends to be stressful, especially for folks who actually are aware of bitcoin's sometimes tendency to do staircase uppity price moves.
Anyhow, you do what you like with your trading/gambling inclinations. I am mostly writing this post for the general investment-inclined audience rather than trying to convince any traders not to trade/gamble, yet sure, there could be some trader/gamblers who actually might recognize and/or appreciate the dilemmas of trading.. and perhaps become less inclined to be fucking around with their bitcoin, which is already largely understood as one of the best (if not the best) of assets to hold.
I don't disagree with what you are saying; however, it does seem that you skipped the most important consideration, which is investing within the boundaries of your discretionary income..., which also should mean that the discretionary income that you use is income that you don't need for 4-10 years or longer.. which means that it is also money that you are willing to completely lose in the event that bitcoin were to go down rather than UP.
Under normal circumstances, investing the amount of money that you can put away for such a long duration of time like 4-10 years as you mentioned, but the crisis most time arise from situations where the investor put down money that they need for immidate expenses into investing in bitcoin and at that they will be under pressure when bitcoin noise dive backwards, this are the set of bitcoin investors that are always at pressure to see bitcoin rise immediately after they investment, but bitcoin doesn't work that way and even though sometimes bitcoin can give an immediate profits on investment, that is not a guarantee for anyone to invest the amount of money that they can not risk to lose or look away from for a long time to see the investment appreciate in it value with time.
Recently, I was trying to address this kind of an issue
in a couple of posts of mine, and surely most of us should be able to recognize that we should not even be attempting to take chances with what we might need with our immediate expenses, including perhaps projecting out 3-6 months worth of expenses cashflow that we need (and yeah, we might already have a certain level of confidence regarding how much money we have coming in for the next 3-6 months so sometimes we could invest with some of our anticipated future discretionary income that is coming in, but yeah, sometimes guys cannot resist to invest more and to sometimes take additional chances with money that they need for expenses).
The other categories would be various kinds of reserve funds that a guy might have, so in that regard, the guy may well be o.k. to invest into bitcoin for his saving for a bicycle for his kid, but he might consider the savings for a new car to be more urgent, and he is not willing to take chances with those perceptibly more urgent saving reserves.
Sure no one invests in bitcoin or in any other kind of an investment with an intention of losing money, yet part of the way of assuring an ability to stick with an investment through the ups and the downs is to use extra money that you don't need for expenses.
For bitcoin unlike other investment where it loses can result into 100% lost of investment, bitcoin only take time, that is even though you at lose at the moment, if you continue holding to your bitcoin accumulated holdings, with time , the value will increase, recover and you be in profits again, so in bitcoin time is very important and what differentiates the loser from gainers in bitcoin investment is the amount of time they both are willing to wait to see they expected profits comes, but the weak hands won't accept the principle of waiting for bitcoin to recover the rush to sell when the market goes against them, that is why they lose they invested capital.
I get what you are saying.. that the odds are quite great that bitcoin is going to recover from whatever downswings that it has, and sometimes bitcoin can go through what seems to be quite extensive downward periods that can cause concerns in regards to how much it is going down and/or its failure to go up... .. but still, your implication of guarantee to go up (even though you are not quite saying that) seems a bit problematic, since every single investment has a variety of downside scenarios.. and yeah, sure we do not necessarily need to overly emphasize bitcoin's negative scenarios, even though they exist and we cannot completely take them for granted when we are figuring out both position size also how much we might continue to buy during bitcoin price suppression periods.. and surely we have to survive.. which could even mean that some time bitcoin could go down for a couple of years and we start to consider that the bottom is in, but then it might have another 2 years of down, after maybe we might have gone all in or even engaged in some kind of a leveraged long because we might become overly confident that the bottom is in, when it ends up not being in... so no matter what, each of us has to make sure that we survive, including that there could end up developing some outrageously crazy continued downside scenario, and we should attempt to protect ourselves from those kinds of scenarios even if they are low likely events, yet we can still protect ourselves from very negative events like that by making sure that we moderate our position size and truly consider that we are willing to lose whatever we had ended up investing into bitcoin over the years, even if we might have had been investing for 1-2 cycles, the down period could end up coming after we have already established a quite large position in bitcoin, and sure if bitcoin's investment thesis does not really meaningfully change, we might continue to buy bitcoin, but we have to keep enough cash on hand or to make sure that we have cashflow(s) to get through those kinds of periods, even if they might end up being outrageously stressful.
Even my own bitcoin holdings likely shows that I follow a practice of fairly aggressively being prepared for BTC going UP in ways that are way more biased towards up than towards down, yet I still try to maintain systems that I want to make sure that I am not easy to blow up, either in terms of my finances or in terms of my psychology... so even now, there is some level of preparation that we could go down from here and the top is in for the cycle (referring to our already hit $73,749 of March), yet of course, at the same time, I consider that we remain in a bullmarket which means that the upside scenarios are more likely than the downside scenarios, even if the difference might only be 51/49.. so it could take quite a bit for me to start to consider that maybe the bull market is over, which might even mean getting close to the 200-WMA and stagnating there or below that point (which the 200-WMA is currently just below $38k)...
but yeah, the more likely situation right now is that these bouncing arounds in the $50ks or even lower $60ks continue to be (and should be) accumulation periods for a whole hell of a lot of folks who actually have any clue about bitcoin.. and there likely is no need for me to rehash my ideas in regards to something in the ballpark of 99% or more of the world's population not having any or much of any BTC, so there are a large number of folks still in need of BTC stacking, and most of them are likely going to be buying BTC much higher, probably in the supra $100k prices... maybe even $120k-ish might be our future low price areas.... but yeah, who knows? We shouldn't be getting too far ahead of ourselves in terms of gong from where we are at right now... even though there might well be several of the guys here who have already been stacking for 2-3 years who will find themselves continuing to build their BTC portfolios in the supra $120k price levels merely based on the fact that they ONLY have so much cashflow that regularly comes in, and many guys have to stack sats (or otherwise invest) for close to 10 years or longer before they really get to a place of meaningful wealth, even if they did most of the right things and even if they were so insightful as to stay focused on bitcoin rather than getting distracted into various inferior assets...
Also, it seems to me that there can be ways that we can really appreciate the possibility of various downside scenarios in bitcoin, yet at the same time, recognize bitcoin's exponential s-curve adoption aspects that contribute to its being a great asymmetric bet in which as long as you do not leverage, the most that you could lose would be 100%.. but the upside scenarios still remain the dynamic that bitcoin is likely around 1,000x better than gold yet currently only trades around 1/15th of gold's price..... even though it could take 50-200 years for bitcoin to actually reach fair market valued relative to gold... perhaps? perhaps?
Then talking about those sets of investor that invest more, by investing money they can't do away without, to me, it's just a matter of time, once that financial leverage they have at that time is over, they will be forced to temper with their investment, because that pattern they are using, by investing an amount they can't do away without, will definitely not be sustainable on the longer run.
Yes. You seem to be referring to a situation in which trading might devolve into a kind of gambling because it gets so extreme that funds are being used that goes beyond discretionary funds, and maybe some traders can control the level under which they might add extra BTC purchases to their holdings in terms of wanting to attempt to play an upcoming eventual wave - yet many times, the guys who believe that they are adding safe funds and might even believe that they are trading safely, they likely are not sufficiently keeping enough of their various kinds of back up funds, so that when they end up making a mistake, they do not have actual cash to cover their mistaken use of the funds they need for expenses. Guys might not even realize the extent to which they are not having enough of a financial cushion, and surely so many of us (for sure including poor people) remain tempted into making sure that our cash is "working" for us, which ultimately lures us into failure/refusal to keep enough reserves in cash or to otherwise assure that we are going to not have to sell any BTC at a time that is not completely of our own choosing.
Sure, there is no amount of money we can afford to lose, but the reason why people say they should invest the amount we can afford to lose is because of the risk that comes with bitcoin investment. There is the possibility of losing money, so we would rather use a small portion of the money we have in bitcoin investment because of the longevity.
You're right, no one wants to lose money on an investment. However, there is a saying that we should invest what we can afford to lose, which means that even if we lose money, it will not affect our budget for other things, there is risk in Bitcoin investment, but people say we should only invest the money we can afford to lose because some people like to take huge risks in their lives, such as selling properties they will need shortly to invest or using their life-saving money, so if something goes wrong and they lose the money they invest, I don't think they will have another place to recover the money they lost. That is why they always suggested investing what you can afford to lose or investing for your children's future, otherwise, no one would be satisfied if they lost a dime in trading.
There surely is a need to actually put the theory into practice, and your example of someone who might have had sold a property, and so they might already calculate that they hare going to need some of the proceeds of that sale within 1-2 years or some short period of time, and then there might be some other portion of the proceeds that they might not need right away, yet they end up failing/refusing to really engage in a proper calculation regarding the various timelines that they are going to need various aspects of the funds, so maybe they would end up putting 80% into bitcoin and spending 10% on various consumption and maybe holding onto the other 10% or investing that other 10% into something else, yet if they had done a more detailed, thorough and realistic analysis, they might have had discovered that they are really ONLY able to invest about 20% to 35% into bitcoin, since they actually need another portion of that for other matters, and maybe they should have not consumed with 10% of the funds and maybe limited their consumption to less than 5% of the funds, so there may well have been several ways that they ended up investing way more than they could afford to lose into bitcoin since they failed/refused to really consider the reality of the matter in terms of bitcoin being a 4-10 year or more investment timeline, so they should really consider that once they put the money into bitcoin they are not going to be tapping into it until way down the road... .
and so if they need decently amounts of that money within less than a 4 year timeline, they should not be putting it into bitcoin.. and even if they feel that they need the money in 4 years, they might be careful in terms of putting all that they need in 4 years into bitcoin, yet surely these are discretionary matters that people will end up getting wrong because they end up not really thinking through the ramifications of how they are allocating their money and how much their money might end up getting tied up depending on where it is put..
I am not even going to claim that I know the right answer regarding how much thinking a person needs to do regarding where they put their money and how well they consider that they are going to need parts or all of the money at certain kinds of timelines, especially since there can be quite a bit of variance in regards to these various considerations including potentially the satisfying of others and/or even potentially some quasi-unknown ways that they might want to have available for themselves if they were to keep the money available rather than locking it up into bitcoin. And, yeah, some folks seem to erroneously think that they can actually invest into bitcoin in less than a 4-year timeline, and they really cannot get their own temptations to play the wave out of the way that they are thinking about bitcoin, which may or may not end up working out for them if they end up using money they need in such a way that they should realize that they are playing what they perceive to be the bitcoin wave with such money.
[edited out]
Some persons just like gambling with their investment and the reason why I say this is because it's naturally unwise to do anything with money you have kept for your basic needs and I believe that's the mindset of a gambler because if you are actually investing for a long-term purpose then you would know that one day temptation or the use of that of money you gambled with on buying Bitcoin will still come and hit back at you and you will be forced to temper with your coins.
That is part of the subliminal deal that so many folks do not believe that they are gambling, even when they are. They might even think that they are being conservative because they are playing something like a 2 year timeline, or some other under-informed idea regarding how they believe that they are "playing it safe" when they aren't... they had not thought through the ups and the downs, and they overly weighted the ups, without actually realizing that they were engaged in such a process of overly weighting the ups.
The thead was started in March and it’s been almost 6 months but bitcoin still trading between 50,000 USD to 60,000 USD so to cross 100k USD milestone for btc seems difficult in this year because the world is facing economic crisis. May be in next year this milestone will achieve by bitcoin!
You've been registered on the forum nearly as long as me, and you seem to still to have not figured out bitcoin.
Hopefully, you are not failing/refusing to accumulate bitcoin based on your seemingly bad assessments of its price performance potentials.
I did a quick glance at your earlier forum posts, and I see you spent a decent amount of time in gambling sections, so you might not really understand the idea of BTC accumulation. .that helps to get folks to a kind of status in which they are sufficiently/adequately prepared for UP, even if they might not be 100% confident in UP taking place, yet since bitcoin is such a great investment, each of us who know about bitcoin should be attempting to sufficiently/adequately prepare for up.. just in case, even if we might be somewhat skeptical of king daddy's ongoing existing (and real) uppity potential.
Just think of your own scenario, if you had been merely accumulating in the ballpark of
$20 per week of bitcoin since the time of your forum registration, you would have had invested right around $10.5k and you would have had accumulated nearly 8.2 BTC. Surely not a bad place to be, and hopefully whatever you have been doing, including your maintaining pessimistic sentiments about bitcoin's uppity potentialities has been paying off for you at least as well as a BTC accumulation and/or investment strategy.
The thead was started in March and it’s been almost 6 months but bitcoin still trading between 50,000 USD to 60,000 USD so to cross 100k USD milestone for btc seems difficult in this year because the world is facing economic crisis. May be in next year this milestone will achieve by bitcoin!
You may right in your prediction. In this concern I think if something is easily achieved we often fail to appreciate it. When Bitcoin was in a long run between 25k and 29k a few months ago, there was an expectation that the market would do well if it rose to $40k.
And, a lot of those guys got fucked who were selling their BTC at various prices in the $30ks and even in the $40ks when we largely went straight up from about $25k/$26k-ish in late October 2023, and then once we crossed over $52k-ish in February 2024, there has been no going back.. absent our little price dip from last week - and who knows if we are going to get any more of those kinds of price dips even into the lower $50ks as some folks might currently be hoping for.. whether realistic or not... and the punchline still seems to be that folks accumulating BTC in the past year-ish are likely way better off than those folks trying to play price waves, even if there might have been some of them who were able to successfully play BTC's price waves of the past year... yet why even screw around with trying to play such price waves when the BTC price trend has largely been UP, and it should have had been a lot less stressful to error on the side of just ongoingly accumulating bitcoin through various buying techniques rather than getting distracted into speculating that there might be a way to sell bitcoin in order to accumulate more of it.. especially if BTC accumulation might have been the end goal (surely to me it seems that BTC accumulation remains a pretty smart goal for anyone who might be able to figure out to have at least a 4-10 year timeline in regards to any such BTC buys that s/he might have had been making.
There was a bit of delay but Bitcoin crossed $40k and quickly crossed the previous all time high which didn't take much time. It was hard to imagine that Bitcoin would reach that stage so quickly. But we have been expecting Bitcoin $100k for a long time. But getting to $100K of Bitcoin won't be easy.
You made some decent points, then then you make the eye-rolling claim that getting to $100k is not going to be easy, as if $100k is even any kind of a meaningful number besides it being a round number that a lot of folks like to get excited about... Given your registration on the forum for several months longer than me, you should have been around the bitcoin block enough times to be able to recognize and appreciate the arbitrariness of $100k as any kind of target that any of us should really be concerned about, even if there are so many folks who seem to be getting so obsessed with such arbitrary target that is ONLY around 66% higher than current prices ($60k-ish) and also around 35% higher than our March 2024 ATH of $73,794.
Hopefully, you are not failing refusing to be sufficiently prepared for $100k plus prices and hopefully you are not so short sighted as to consider $100k to be some kind of a top-ish kind of a price, otherwise you are likely to have fun staying poor in the event that you have been failing/refusing to sufficiently stack sats in the last 10-ish years.
I don't know if it will happen this year, but maybe a big bullish trend will start after the next election. But we can be sure that the longer it takes for Bitcoin to hit $100k, It will be more stronger.
That is also a dumb statement to consider that consolidating in these prices (let's say largely between $55k and $71k) causes $100k to have more resistance, which also causes me to consider that you have been failing/refusing to stack sats in the past 10 years, and likely continuing to make the same mistake over and over and over. .which is underplaying bitcoin's upside potential, which truly any of us should be able to recognize and appreciate by looking at charts going back in the past 10-14 years, and even though bitcoin's historical price performance does not guarantee future results, we should also understand and appreciate that bitcoin's investment thesis is not getting any weaker, even if likely there are some decreases in its upside potential in regards to percentages of price appreciation, yet bitcoin's ongoing direction should still be appreciated without getting overly worked up about relatively arbitrary numbers, such as the $100k threshold that you are seeming to get discouraged by. But, hey whatever. You do what you want, including if you don't have plans to accumulate more BTC (in case you don't have enough - which from your comment, it seems that you probably don't have enough), and if you have plans to shave some profits off of your already mediocre (and likely way less than it could or should be stash of cornz).
The thead was started in March and it’s been almost 6 months but bitcoin still trading between 50,000 USD to 60,000 USD so to cross 100k USD milestone for btc seems difficult in this year because the world is facing economic crisis. May be in next year this milestone will achieve by bitcoin!
We will not know when bitcoin goes to $100K but now bitcoin is heading to $100K whether when the time is we can only wait until the time comes, and indeed now is experiencing an economic crisis seeing some of the news that is aired this can also be attributed to the war between countries that never finish.
Next year there may still be hope for $100K, so accumulate while the price is still in the $50K and $60K area, this is a good opportunity for us to increase bitcoin more in any way, some consider this to be high but for me it is still low.
We cant say on when it would happen but pretty much sure that this is something that will really be an inevitable price on which just like on what everyone is saying that we arent still on a bull run yet on which it would really be that just normal that there would really be those people who would really be that hesitating on investing just because they cant be able to bare up with the volatility on which Bitcoin is showing. If its really your first time or simply you are really just that new into this market then you would really be definitely be having this kind of reaction.
Surely there are folks who fail/refuse to sufficiently appreciate that bitcoin continues to be in a bullmarket, so they get distracted into considering corrections within a bull market as if such corrections were to remove bitcoin from its overall bullmarket, merely because the corrections might feel BIG or might feel like they are lasting a long time.
I am not sure whether you, milewilda, might be getting sucked into such distracting ways of thinking about where bitcoin prices are at currently.. and yeah, I will concede that the bouncing in and out of a bullmarket and into a bear market remains quite a bit of a delayed indicator, so we surely might not realize that we had bounced into a bear market until it becomes too late to do anything about it... so for example, if the BTC price might get down to the 200-WMA and/or even stay around that price for a decent amount of time, then it could well be the case that we had transitioned into a bear market, and right now the 200WMA is just below $38k.. another thing is that my own assessment of what kind of a BTC price threshold might contribute to concluding that we had gone into a bear market could be wrong.. so sometimes there could be others who are more accurate in coming to such assessments.. and surely I don't claim to either be an expert or a person who employs much if any technical analysis, even though I am not completely unaware of some of the technical analysis ideas that might sometimes become healthy in terms of framing how to think about current BTC price dynamics.
$100k is really just that not too far away but there's no such fixed date on when we would really be able to touch up this area. Tons of fundamentals or sentiments that we are seeing around on which it might cause for the price to have these dips or corrections.
Yep.. We are surely within touch of $100k currently, and yeah, there can be various kinds of short-term BTC price dynamics that are putting negative price pressures on BTC while at the same time the UPpity price pressures might be going on simultaneously.. and so which one is going to win the day in the short term or in the medium term and even in the end, we cannot have a whole hell of a lot of confidence regarding placing a date upon when the BTC price is going to reach $100k and above, so surely BTC prices goes through legs of momentum, and frequently it is difficult to proclaim knowledge about the direction of some subsequent BTC price leg, prior to the current BTC price leg working itself out... The more BTC price legs that any of us attempt to call in advance, the more chances that we are going to end up NOT being correct... so even being able to successfully proclaim confidence about how our current BTC price leg might end up working itself out (which truly might not be much more than a 50/50 call), that still would not lead very much credence in being able to call the next leg in which it becomes quite likely even with relatively strong predicting skills, the best that anyone might be able to do is to have around 30%-ish odds of getting the second leg correct.
The thing that you should really be gonna doing is not to make yourself that being too much in a hurry because it will really be just make you stressed and its not something that would really be good
for your health. Just make it sure that you are really just that investing for the amount that you can afford to lose and dont tend to check out every now and then in regarding
into your portfolio so that you wont be making yourself that getting impulsive when the market would really be crashing.
I cannot really tell what you mean by how any of us should be reacting to our perceptions that the BTC price is crashing, and when we might not be able to figure out where there might be a bottom to the correction. Surely some guys just HODL through it, yet other guys might still be regularly accumulating BTC, so they might either have a buy that is scheduled to come, and they might attempt to adjust the date of their BTC buy in order to account for their perception of the BTC price seeming to crash, or they might just stick to whatever dates that they had already set up for their BTC buys... So there can be varying levels of systems that are in place and even potentially some flexibility within such systems that a guy might already have in place.. For sure, dealing with these matter from a perspective of someone who mostly either just buys or holds is likely a bit more straightforward than someone who might also attempt to incorporate selling into the systems that he has in place.. and surely, I am not even against guys having systems that include both selling and buying, especially for any guys who might have been in BTC for a long enough time that they have already largely accumulated a decent sized BTC stash within the parameters of their own financial and psychological particulars.. .which could be measured based on the size of BTC in light of their expenses, such as having several years worth of expenses within the value of their BTC holdings or perhaps measuring in terms of the size of the bitcoin holdings as compared with other assets and/or currencies that they hold... or some guys might have other ways of figuring out their own satisfaction regarding how they assess their already existing BTC accumulation levels.
The thead was started in March and it’s been almost 6 months but bitcoin still trading between 50,000 USD to 60,000 USD so to cross 100k USD milestone for btc seems difficult in this year because the world is facing economic crisis. May be in next year this milestone will achieve by bitcoin!
despite that we all are making speculation of the price of Bitcoin but it doesn't mean that a targeted milestone cannot be achieved, anyone who believes in the volatility of Bitcoin and has observed the fluctuations of prices in the past
will not doubt the price of Bitcoin being able to reach $100k this year so we should be confident, optimistic and HODL our Bitcoins and should not allow any of the recent developments in the price to move us to panic selling only then can we achieve the milestone of Bitcoin hitting $100k but we don't need to be too concerned about Bitcoin reaching $100k since our goal is to accumulate and HODL for future and long term benefits.
I appreciate the overall sentiment of your post Cryptoprincess101, yet even though you did not use exact words of "guaranteed," you seem to be suggesting that BTC prices are somewhere close to being guaranteed to reach $100k this year and/or this cycle.
Sure I have no problem considering the idea that sooner or later BTC prices have decently large chances to go to $100k and beyond and even to make such claims regarding way higher prices such as $600k (around the market cap of gold) or 10x, 100x or 1,000x higher than gold, yet putting timelines on such beliefs seem quite problematic or even suggesting that such BTC price appreciation matters are even close to guaranteed, also seem to be quite problematic, even though surely I frequently proclaim that bitcoin is in the ballpark of 1,000x or greater valuable than gold, yet still it could take 50 to 200 years for such price valuations to work themselves out... if ever..
By the way, one of the downsides of expressing confidence in levels that are close to 100% in regards to bitcoin either reaching $100k this year or even this cycle is that you should be ready, willing and able to place your money where your mouth is, and surely if you are not investing into bitcoin as if it were 100% guaranteed to reach $100k this year or within this cycle, then it is likely that you really do not believe what you are saying, and if you actually really do believe 100% that bitcoin is going to reach $100k this year or this cycle and you are also matching your investment into bitcoin with that belief, then I would proclaim that you are a degenerate and delusional gambler rather than an investor.
