Road to 100k?

[betswift]

Well I think your idea is excellent, I have basically always said one thing, when you have the opportunity to buy BTC with DCA it is an excellent method, because everything is adding and adding, especially when the price drops and if your plan is until 2029, it is a very intelligent plan, the more you accumulate the more money for the future, I believe that in 2025 the price of Bitcoin can grow a lot, it may reach $100k and pass it, but of course we have to wait to see how things are handled, because in the world there is a political scheme that basically speculative markets can be affected, as well as other fundamentals.

Now only if we are investing in bitcoins with DCA method then we only need to aim to invest in bitcoins.  So if you invest in Bitcoin at a high price and in a short period of time and immediately sell your holdings when the price of Bitcoin rises then the DCA method will not work. To invest according to the DCA method, the investment must be long-term and the thought of holding bitcoins only, and if you are holding bitcoins with money at any price, then keeping it for a long time will give you the maximum profit and your money will be together. Your investment may be approximately 5 years to 10 years or more depending on your strategy and mindset.

Now usually the Bitcoin DCA method is that it has survived in the market with reliability for a long time. That is why all investors invest in Bitcoin. Investing in Bitcoin is likely to be the most profitable, as Bitcoin prices have only increased over the past 14 years. If you notice the market value it is around 57k dollars at the current price, but mostly bitcoin acceptance and it's popularity all over the world. But anyway Bitcoin is Bitcoin because Bitcoin is the only hope in this cryptocurrency that the probability of loss is very low when investing.

Don't you think that investing in the biggest fellas of the market after BTC is also going to be "good" in the long run?
Without the possibility of losses if you don't panic-sell
But I agree that BTC is the biggest of them all, having its roots the deepest in the market, thus, making it really beneficial for everybody who believes in what it stands for besides the possibility of profit.

[JayJuanGee]

The way Bitcoin price is going down every week is seems we might be getting back to amount of $40-35k if care is not taken because from all indication the market price hasn't been productive and we can't say it will get back to that amount we have all been expecting like the $70k and I have been hoping to see Bitcoin price hit $70k since the last time it got to that amount. For now Bitcoin price is $54k and the week have just started but I can't say it will get to anything close to $60k before the week runs out and this month can't get to anything close to $60k.

Stop the cap bro, Have you checked the price now, everything is back now and the price is above 56k. I still don't believe that the price of Bitcoin will go below 40k before reaching the 100k that everyone is expecting it to be. Again I do not expect the price to go up to 100k without having its ups and downs. That is how the market was structured so if we are not careful with it we might be the ones getting controlled by the market instead of us controlling the market. I agree with you the price won't be up to 60k before the week's end. It might still be fluctuating under the price it is.

What are you even saying Mr D.S? What cap are you talking about🙄? Before you start saying something or objecting why not check when I dropped the post and how much was Bitcoin then and when you dropped your post, Bitcoin price movement doesn't wait for anybody before it makes a move either going up or down. And for the record I don't feel we can control the market because if we can by now the amount we are seeing now is not going to be the amount we want it to be at, maybe $2000k and above because we want to make it big so is better for the market movement to do as it's pleases, we only have to speculate on how the market price goes not control it.
There might be a change for it to get to $60k but it all depends on how positive we get to see the market price, either going up rapidly but we can't be certain. For now we can only say it might hit $57-58k before the week runs out but as for $60k and above maybe next month. September doesn't have a force to kick off this any amount that contains $50k.

I don't see how you have any clue about if the BTC price is going up or down, and you are suggesting that bitcoin is limited to sub $60k prices merely because we happen to be in the month of September.  Sure it is possible, yet I doubt that you are odds are much better than 50/50 for what you are saying, and even if they happen to be a bit greater than 50/50 that we don't see $60k before the end of the month, I doubt that they are even close to as great of odds as you are seeming to make them out to be.

Another thing, as I already mentioned, since you seem to be less than 2 years into bitcoin, hopefully for your own good you are continuing to buy BTC rather than ongoingly seeming to be obsessed with down prices (or even flat prices) that may or may not end up playing out.

[EarnOnVictor]

You seem quite unrealistic if you consider that $15k to $20k to possibly be in bitcoin's cards, and it may well be the case that BTC prices in the $30ks or even $40ks or even sub $55k will never be seen again.

I don't know why I am this surprised seeing our post above, but first, I am happy that the market has proven you wrong already by hitting $55,000 this week, we should be realistic with the market's development and not our beliefs alone, the market is supreme regardless of our idea. I will continue to tell this to every investor, not only in cryptocurrency.

Regarding what you actually replied to, let me assure you misquoted me, I never mentioned emphatically that Bitcoin is going lower to $15000-$20,000, read it again. I only assumed the levels would be reasonable for investors if Bitcoin reached there. It was just an example.

You're right, Bitcoin going lower than 20 to $15k would be a very good entry for all investors, but I doubt if Bitcoin would drop to that point or even go below $40k mark my speculation are that it could drop further to $50k by nextweek but that's just a mere speculation and not something people who come across my statement should ponder more on, the wish of investors especially those who are yet to accumulate more or about to start building their portfolio is that Bitcoin should go below this mark and give them a better entry but then like you've said, the market is supreme and since it's not controlled by any organisation or the government investors shouldn't hope on mere speculations, belief or even wishes and flow with the market. Currently the market have even gone below $55k and is struggling at $54k it could either drop more or rise above $55k let's see how it goes.

The price of bitcoin can experience price drop at 40k and it will be under probabilities for the price to crash to the extent of going beyond 30k and 20k, if such happens many people will be disappointed at bitcoin investment and investors will not allow such thing to happen, because if bitcoin mistake fall drastically many people will say that bitcoin is a scam and that will damage the images of bitcoin, so from my understanding of bitcoin and it's values I don't think bitcoin the price will drop more than 50k, because since we experienced 70k in price and the price keep on fluctuating it never pass 50k below in price.

The price of Bitcoin shouldn't be our main focus now what we should have been doing is to accumulate more Bitcoin and forget about it price the reason why the DCA strategy is there is to help an investor accumulate more Bitcoin irrespective of the price level, with the DCA strategy you can accumulate Bitcoin either weekly or monthly and keep hodling for long the goal is to keep on accumulating Bitcoin and HODL for the future so the price of Bitcoin shouldn't be a thing to worry about but to keep accumulating Bitcoin and hodl.

This advice is not worth it, it has a focus/vision but lacks investment dynamism and safety, what is the ultimate goal of Bitcoin price moving up in multiples did not happen, what will be the fate of the investment? So you are wrong to have said we should disregard the price of Bitcoin, if we do that, what type of investor are we? No matter what you think of Bitcoin, you should always have your factor of safety, your investment safety should be your number one goal, and this is why you need the right risk management as you invest.

Tell me, where is the risk management if you do not consider the price of Bitcoin to plan the investment rightly? The DCA investment approach is certainly good as it would help you to average your earnings and risks, but it will be painful at the end of the day if you hardly gain anything from your investment strategy due to the inability of the asset to perform. This is why the price is key. You should also learn the market pattern to assist in speculation and know the right time for the investment (DCA or not).

[JayJuanGee]

[edited out]

This advice is not worth it, it has a focus/vision but lacks investment dynamism and safety, what is the ultimate goal of Bitcoin price moving up in multiples did not happen, what will be the fate of the investment? So you are wrong to have said we should disregard the price of Bitcoin, if we do that, what type of investor are we? No matter what you think of Bitcoin, you should always have your factor of safety, your investment safety should be your number one goal, and this is why you need the right risk management as you invest.

Tell me, where is the risk management if you do not consider the price of Bitcoin to plan the investment rightly? The DCA investment approach is certainly good as it would help you to average your earnings and risks, but it will be painful at the end of the day if you hardly gain anything from your investment strategy due to the inability of the asset to perform. This is why the price is key. You should also learn the market pattern to assist in speculation and know the right time for the investment (DCA or not).

You seem to either not understand what is DCA or you are purposefully convoluting DCA with ideas of trading.

The concept of DCA is not new, and there are people who have been setting automatic DCAs into assets for 5-10 years or longer, and they don't look at price at all for years, and they merely presume (or hope) that the asset is more likely to go up rather than down in the long run.

As you likely realize no investment is guaranteed, and surely folks pick investments because they believe that they are going to end up being profitable in the longer run, yet they might have a lot of uncertainties about how the asset might perform in the short run.

DCAing, whether into bitcoin or any other asset, is pretty much blind in regards to price, even if there is a preference that the asset is ultimately going to end up going up or being in profits when it comes time to cash in or even to start to withdraw from it.. and yeah, it is true that some investments do not end up performing in a positive direction, even if there may well have had been ongoing investment into it and eve confidence in the strength of the long term investment thesis of the asset... bitcoin is no exception, even though bitcoin seems to be amongst the best of long term investment assets, if not the best, currently available, and yeah, the strength of bitcoin's investment thesis might become weaker with the passage of time, so anyone DCAing into bitcoin could ultimately end up losing money rather than making money.. but the mere fact that there are possibilities that bitcoin does not perform as expected does not mean that it should not be invested into currently and there also are no needs to get caught up on monitoring bitcoin's price for years and years and years, if someone prefers to just automatically DCA or even manually DCA with some monitoring of price but not letting the price affect their DCA amounts, since their DCA amounts are more likely dependent upon how much discretionary income that a person might want to put into bitcoin whether weekly or some other relatively regular period of time.

[Sexylizzy2813]

The way Bitcoin price is going down every week is seems we might be getting back to amount of $40-35k if care is not taken because from all indication the market price hasn't been productive and we can't say it will get back to that amount we have all been expecting like the $70k and I have been hoping to see Bitcoin price hit $70k since the last time it got to that amount. For now Bitcoin price is $54k and the week have just started but I can't say it will get to anything close to $60k before the week runs out and this month can't get to anything close to $60k.

Stop the cap bro, Have you checked the price now, everything is back now and the price is above 56k. I still don't believe that the price of Bitcoin will go below 40k before reaching the 100k that everyone is expecting it to be. Again I do not expect the price to go up to 100k without having its ups and downs. That is how the market was structured so if we are not careful with it we might be the ones getting controlled by the market instead of us controlling the market. I agree with you the price won't be up to 60k before the week's end. It might still be fluctuating under the price it is.

What are you even saying Mr D.S? What cap are you talking about🙄? Before you start saying something or objecting why not check when I dropped the post and how much was Bitcoin then and when you dropped your post, Bitcoin price movement doesn't wait for anybody before it makes a move either going up or down. And for the record I don't feel we can control the market because if we can by now the amount we are seeing now is not going to be the amount we want it to be at, maybe $2000k and above because we want to make it big so is better for the market movement to do as it's pleases, we only have to speculate on how the market price goes not control it.
There might be a change for it to get to $60k but it all depends on how positive we get to see the market price, either going up rapidly but we can't be certain. For now we can only say it might hit $57-58k before the week runs out but as for $60k and above maybe next month. September doesn't have a force to kick off this any amount that contains $50k.

I don't see how you have any clue about if the BTC price is going up or down, and you are suggesting that bitcoin is limited to sub $60k prices merely because we happen to be in the month of September.  Sure it is possible, yet I doubt that you are odds are much better than 50/50 for what you are saying, and even if they happen to be a bit greater than 50/50 that we don't see $60k before the end of the month, I doubt that they are even close to as great of odds as you are seeming to make them out to be.

Another thing, as I already mentioned, since you seem to be less than 2 years into bitcoin, hopefully for your own good you are continuing to buy BTC rather than ongoingly seeming to be obsessed with down prices (or even flat prices) that may or may not end up playing out.

And I don't seem to understand why you're not seeing or getting what I said about Bitcoin price not getting up to $60k before the end of September. I said Bitcoin price can't get up to $60k this month, and first of all is just a speculation and it may or may not happen but it doesn't mean $60k is my highest or something, that's what I feel, is my opinion. It won't be this month of September because to me I don't see any positive move that I'd say it will get to $60k and why make it look like I don't know what I'm saying, it doesn't mean I'm calling the shots but you are making it look as if I'm the god of Bitcoin price. Double JG you might have the experience but that doesn't mean I can't say what I feel.
How well do you know me that you talking about me being less than 2 yrs into Bitcoin? Come on bro, your assumption can't be correct when it comes to members and what they know or how long they have been in Bitcoin or whatever, don't use assumption to judge people. You don't know if I'm a long or short term holder but you just say I'm this and that. So all I'm saying is Bitcoin price is not going up but down and I can't say it will get to $60k from how slow the market price is moving.

[sotelorene]

Yeah in other to secure one's Bitcoin one needs to have a backup funds without a strong backup funds it will be very difficult to become successful in Bitcoin investment because challenges must come as time goes on and you need to have backup funds to prevent you dipping hands into your Bitcoin, we know that backup funds are not a sure security to one's Bitcoin investment because one may face some challenge or problem that will eat up all your backup funds and still lead you to dip hands into your Bitcoin just to solve that problem however we are not praying for such situations that will eat up all our backup funds and as such one needs a backup funds because it will be of a great help in securing your Bitcoin, when you face a problem that will lead you to dip hands into your Bitcoin after eating up your backup funds it won't cause you to finish all of your Bitcoin because your backup funds has already solved part of it already so be as it is backups funds are still very important in our Bitcoin investment.

It’s kinda complicated with what you wrote involving bitcoin investment and challenges , no one should view bitcoin investment as a helping hand in times of stranded situation. Even if you made mentioned of back up funds also and no one can predict any situation we face in life so it’s right we always make room for alternative plans, honestly speaking challenges that will cost an investor his/her bitcoin investment is so rare expect the investor never made use of the disposable income when investing rather the investor went ahead to buy and buy without planning, secondly using the backup funds for personal reason without filling back is wrong and it can cost an investor his investment.

Exactly, that's where most persons get it wrong. It shouldn't just be about investing and holding for long period of time but rather it should be investing wisely and smartly because investor who invest wisely and... Find it difficult or hard to encounter any challenge I mean there will be little or no challenge at all but investor who is so concerned about investing sometimes may over invest and when the market start depreciating they began to panic even when they are responsible for their..., In summary we should try as much as possible to be investing wisely and smartly because there will be alot of advantage.

[Salahmu]

The price of Bitcoin shouldn't be our main focus now what we should have been doing is to accumulate more Bitcoin and forget about it price the reason why the DCA strategy is there is to help an investor accumulate more Bitcoin irrespective of the price level, with the DCA strategy you can accumulate Bitcoin either weekly or monthly and keep hodling for long the goal is to keep on accumulating Bitcoin and HODL for the future so the price of Bitcoin shouldn't be a thing to worry about but to keep accumulating Bitcoin and hodl.

This advice is not worth it, it has a focus/vision but lacks investment dynamism and safety, what is the ultimate goal of Bitcoin price moving up in multiples did not happen, what will be the fate of the investment? So you are wrong to have said we should disregard the price of Bitcoin, if we do that, what type of investor are we? No matter what you think of Bitcoin, you should always have your factor of safety, your investment safety should be your number one goal, and this is why you need the right risk management as you invest.

@Zackz5000 is right in what he is saying, perhaps your understanding about the point he was trying to make is quite different, actually the point he was trying to make is that for those who always allow the price of Bitcoin to become a problem or change to there idea into having a negative feelings if is good for them to start investing on that price or not should stop considering the Bitcoin price before investing because it doesn't change anything on our investment because if you are using DCA strategy and still allowing price movement of Bitcoin to make a decision for you, it means that it may take forever before that investor will have a good stash on there Bitcoin account.

[avp2306]

The price of Bitcoin shouldn't be our main focus now what we should have been doing is to accumulate more Bitcoin and forget about it price the reason why the DCA strategy is there is to help an investor accumulate more Bitcoin irrespective of the price level, with the DCA strategy you can accumulate Bitcoin either weekly or monthly and keep hodling for long the goal is to keep on accumulating Bitcoin and HODL for the future so the price of Bitcoin shouldn't be a thing to worry about but to keep accumulating Bitcoin and hodl.

This advice is not worth it, it has a focus/vision but lacks investment dynamism and safety, what is the ultimate goal of Bitcoin price moving up in multiples did not happen, what will be the fate of the investment? So you are wrong to have said we should disregard the price of Bitcoin, if we do that, what type of investor are we? No matter what you think of Bitcoin, you should always have your factor of safety, your investment safety should be your number one goal, and this is why you need the right risk management as you invest.

@Zackz5000 is right in what he is saying, perhaps your understanding about the point he was trying to make is quite different, actually the point he was trying to make is that for those who always allow the price of Bitcoin to become a problem or change to there idea into having a negative feelings if is good for them to start investing on that price or not should stop considering the Bitcoin price before investing because it doesn't change anything on our investment because if you are using DCA strategy and still allowing price movement of Bitcoin to make a decision for you, it means that it may take forever before that investor will have a good stash on there Bitcoin account.

Somehow I agree with what Zack said since if you care to much on the price of bitcoin then suddenly drop then those people always have concern with the price might discourage to continue their accumulation or struggle to stick on DCA method they do. With those current drop and panic provably that they might get bother and think about not buying and just wait if there's something good that might happen to the market. This is common thing we see and that is not good attitude to look forward since most likely a failure to hold for longtime most likely gonna happen for those bothered people.

So again I read this for many times in this thread that we should accumulate whatever the price of bitcoin reach at the moment and being consistent will be determine each result we get in future. I know there's always a risk for doing this process but it all matter on how you handle those situation then convert those things to a opportunity.

[Moreno233]

It’s kinda complicated with what you wrote involving bitcoin investment and challenges , no one should view bitcoin investment as a helping hand in times of stranded situation. Even if you made mentioned of back up funds also and no one can predict any situation we face in life so it’s right we always make room for alternative plans, honestly speaking challenges that will cost an investor his/her bitcoin investment is so rare expect the investor never made use of the disposable income when investing rather the investor went ahead to buy and buy without planning, secondly using the backup funds for personal reason without filling back is wrong and it can cost an investor his investment.

Exactly, that's where most persons get it wrong. It shouldn't just be about investing and holding for long period of time but rather it should be investing wisely and smartly because investor who invest wisely and... Find it difficult or hard to encounter any challenge I mean there will be little or no challenge at all but investor who is so concerned about investing sometimes may over invest and when the market start depreciating they began to panic even when they are responsible for their..., In summary we should try as much as possible to be investing wisely and smartly because there will be alot of advantage.

You seem to be confusing all of us with your terminology because I don't understand what you mean by investing smartly that is unconnected to long term holding. For investor to hold their assets for a long time, it is already a proof that they invested smartly because without that, they would have be pressured to sell or been disturbed when price was undergoing corrections. The most important aspect of investing in Bitcoin is to be able to preserve the assets and not act compulsively, this is more important than getting a perfect entry like some people pride in. At some point, the method used in buying is just a little part of the process rather how you manage the investment is what determine how successful you will be. So, the measure of smartness is in how well an investor can hold the asset and make the best use of it and not act in a way that will lead to regrets.

[Zackz5000]

You seem quite unrealistic if you consider that $15k to $20k to possibly be in bitcoin's cards, and it may well be the case that BTC prices in the $30ks or even $40ks or even sub $55k will never be seen again.

I don't know why I am this surprised seeing our post above, but first, I am happy that the market has proven you wrong already by hitting $55,000 this week, we should be realistic with the market's development and not our beliefs alone, the market is supreme regardless of our idea. I will continue to tell this to every investor, not only in cryptocurrency.

Regarding what you actually replied to, let me assure you misquoted me, I never mentioned emphatically that Bitcoin is going lower to $15000-$20,000, read it again. I only assumed the levels would be reasonable for investors if Bitcoin reached there. It was just an example.

You're right, Bitcoin going lower than 20 to $15k would be a very good entry for all investors, but I doubt if Bitcoin would drop to that point or even go below $40k mark my speculation are that it could drop further to $50k by nextweek but that's just a mere speculation and not something people who come across my statement should ponder more on, the wish of investors especially those who are yet to accumulate more or about to start building their portfolio is that Bitcoin should go below this mark and give them a better entry but then like you've said, the market is supreme and since it's not controlled by any organisation or the government investors shouldn't hope on mere speculations, belief or even wishes and flow with the market. Currently the market have even gone below $55k and is struggling at $54k it could either drop more or rise above $55k let's see how it goes.

The price of bitcoin can experience price drop at 40k and it will be under probabilities for the price to crash to the extent of going beyond 30k and 20k, if such happens many people will be disappointed at bitcoin investment and investors will not allow such thing to happen, because if bitcoin mistake fall drastically many people will say that bitcoin is a scam and that will damage the images of bitcoin, so from my understanding of bitcoin and it's values I don't think bitcoin the price will drop more than 50k, because since we experienced 70k in price and the price keep on fluctuating it never pass 50k below in price.

The price of Bitcoin shouldn't be our main focus now what we should have been doing is to accumulate more Bitcoin and forget about it price the reason why the DCA strategy is there is to help an investor accumulate more Bitcoin irrespective of the price level, with the DCA strategy you can accumulate Bitcoin either weekly or monthly and keep hodling for long the goal is to keep on accumulating Bitcoin and HODL for the future so the price of Bitcoin shouldn't be a thing to worry about but to keep accumulating Bitcoin and hodl.

This advice is not worth it, it has a focus/vision but lacks investment dynamism and safety, what is the ultimate goal of Bitcoin price moving up in multiples did not happen, what will be the fate of the investment? So you are wrong to have said we should disregard the price of Bitcoin, if we do that, what type of investor are we? No matter what you think of Bitcoin, you should always have your factor of safety, your investment safety should be your number one goal, and this is why you need the right risk management as you invest.

Tell me, where is the risk management if you do not consider the price of Bitcoin to plan the investment rightly? The DCA investment approach is certainly good as it would help you to average your earnings and risks, but it will be painful at the end of the day if you hardly gain anything from your investment strategy due to the inability of the asset to perform. This is why the price is key. You should also learn the market pattern to assist in speculation and know the right time for the investment (DCA or not).

It may not worth it for you but may be of help to others, if you are focusing much on the price of Bitcoin before you invest you may not be able to if the maybe the price of Bitcoin is high, the price of Bitcoin shouldn't discouraged us to accumulate Bitcoin if you are using the DCA strategy there is no need worrying your self concerning the price of Bitcoin since it will help you to accumulate Bitcoin weekly or monthly regardless of the price level and continue to hodl for a longer period of time.

And there is no way you won't gain from your Bitcoin investment if you continue to accumulate Bitcoin and HODL for the future.

Yeah in other to secure one's Bitcoin one needs to have a backup funds without a strong backup funds it will be very difficult to become successful in Bitcoin investment because challenges must come as time goes on and you need to have backup funds to prevent you dipping hands into your Bitcoin, we know that backup funds are not a sure security to one's Bitcoin investment because one may face some challenge or problem that will eat up all your backup funds and still lead you to dip hands into your Bitcoin just to solve that problem however we are not praying for such situations that will eat up all our backup funds and as such one needs a backup funds because it will be of a great help in securing your Bitcoin, when you face a problem that will lead you to dip hands into your Bitcoin after eating up your backup funds it won't cause you to finish all of your Bitcoin because your backup funds has already solved part of it already so be as it is backups funds are still very important in our Bitcoin investment.

It’s kinda complicated with what you wrote involving bitcoin investment and challenges , no one should view bitcoin investment as a helping hand in times of stranded situation. Even if you made mentioned of back up funds also and no one can predict any situation we face in life so it’s right we always make room for alternative plans, honestly speaking challenges that will cost an investor his/her bitcoin investment is so rare expect the investor never made use of the disposable income when investing rather the investor went ahead to buy and buy without planning, secondly using the backup funds for personal reason without filling back is wrong and it can cost an investor his investment.

Exactly, that's where most persons get it wrong. It shouldn't just be about investing and holding for long period of time but rather it should be investing wisely and smartly because investor who invest wisely and... Find it difficult or hard to encounter any challenge I mean there will be little or no challenge at all but investor who is so concerned about investing sometimes may over invest and when the market start depreciating they began to panic even when they are responsible for their..., In summary we should try as much as possible to be investing wisely and smartly because there will be alot of advantage.

I really don't get what you mean here if it not investing and hodling for long period of time should it be investing and selling? or hodling for short term? That is trading I don't think there is anything like investing wisely or smartly if your intention is accumulate Bitcoin and hodl for long.
For it is only trader or those investors that don't know the value and worth of Bitcoin that will panic when Bitcoin price start depreciating for real investors will take it as advantage or opportunity to accumulate enough Bitcoin and HODL and not to panic.

[EclipseXcrypto]

The way Bitcoin price is going down every week is seems we might be getting back to amount of $40-35k if care is not taken because from all indication the market price hasn't been productive and we can't say it will get back to that amount we have all been expecting like the $70k and I have been hoping to see Bitcoin price hit $70k since the last time it got to that amount. For now Bitcoin price is $54k and the week have just started but I can't say it will get to anything close to $60k before the week runs out and this month can't get to anything close to $60k.

Some folks in this bitcoin space does not really believe in the potentials of bitcoin. With all these years and time, a lot of individuals can still not grasp how bitcoin works. Bitcoin has proven to be resilience and its crystal clear but some dudes are still talking down on bitcoin. An assets that is not even up to 20 years yet commanding such a significant value in the market yet people are still saying shit about BTC. Bitcoin roots is deep rooted in the market that no matter the  fluctuations it can always bounce back and grow and bear more fruits.  I don't know why its difficult for some persons to understand what volatile means, investors shouldn't expect an upward price trajectory alone. As an investor in Bitcoin, if our investment purpose is for a longer period we should care less with the immediate price at the moment, @sexylizzy if you check when you drop your comments and now the price is not same again $57k, we shouldn't doubt bitcoin potentials when price goes down.

Whenever bitcoin price drops, investors in this space should see it as an advantage to capitalise on. Some years that bitcoin price was at $17k -$20k some individuals where taking  down on bitcoin  but right now it far above that figure and some persons ended up regretting for not making use of those opportunities that were available then. The time will come when bitcoin will hit $70k and above and we might not see $48k -$50k again, just as we can talk about bitcoin faling to $20k - 30k again. Bitcoin possess a lot of growth potentials, now that we can accumulate bitcoin at low rate we should do it to boost our portfolio so long as we are for the long-term the 70k... and above moment will present itself.

[JayJuanGee]

[edited out]

And I don't seem to understand why you're not seeing or getting what I said about Bitcoin price not getting up to $60k before the end of September. I said Bitcoin price can't get up to $60k this month, and first of all is just a speculation and it may or may not happen but it doesn't mean $60k is my highest or something, that's what I feel, is my opinion. It won't be this month of September because to me I don't see any positive move that I'd say it will get to $60k and why make it look like I don't know what I'm saying,

I get what you are saying.  You just said it again, which is that you think that it is close to impossible for BTC prices to go above $60k in September, and I already responded to what you said.

it doesn't mean I'm calling the shots but you are making it look as if I'm the god of Bitcoin price.

No I am not suggesting that you are either calling the shots or that you are a god of bitcoin, yet I am saying that your statements are couched in way too certain kind of a wording, so it makes you look retarded when you place too high of certainties on events in the future that are mostly unknown, even if they might have odds that are greater than 50%, they are no where even close to the kind of odds (certainty) that is reflected in the language that you tend to use, and that you are using in your description of your prediction.

Double JG you might have the experience but that doesn't mean I can't say what I feel.

You can say whatever you like, and I can say whatever I like, which both of us have done.

I can also say what you are feeling is almost irrelevant, yet you are free to talk about near irrelevancies, too.

How well do you know me that you talking about me being less than 2 yrs into Bitcoin?

I said that I was going by your registration date.  I don't have anything else to work off of unless you either specify or clarify.. so it tends to be fairly safe to go by a person's registration date.

For myself, when the topic might be somewhat be relevant, I frequently tend to state that I started in bitcoin in late November 2013, even though my forum registration date is February 2014.

Come on bro, your assumption can't be correct when it comes to members and what they know or how long they have been in Bitcoin or whatever, don't use assumption to judge people.

Whether you came into bitcoin at the time of your forum registration date or not (which is November 2022), I was making a comment in regards to suggesting that many folks in their first cycle are going to be better off to focus on accumulating bitcoin through mostly buying in their first whole cycle and not to get too worked up about current BTC prices or where they might be going.  It seems that I said that clear enough so that you don't necessarily need to conclude that I am presuming your personal factual circumstances, to the extent that your personal factual circumstances even matter, even though surely the level of ongoing emotion that you tend to bring to your posts does sometimes create impressions that you are speaking from personal emotions, to the extent that you are genuine at all with your ongoing bullshit fears and your exaggerations of certainty in regards to your supposedly knowing (or feeling) short-to-medium BTC price directions, with a lot of recent expressions of your "feelings" about downity..

You don't know if I'm a long or short term holder but you just say I'm this and that.

I give little to no shits about what you are personally doing, yet I get the sense that you are trying to play bitcoin price waves, and so frequently I like to criticize traders when it comes to bitcoin, since investing is likely a way better choice.  So maybe your ambiguity gets you into trouble, even though surely you have a right to do whatever you like, including trading and including that several of us who consider bitcoin to be better as an investment rather than to be fucking around trading (or gambling or getting worked up about short term price moves) are likely going to criticize you for trading rather than investing, if that is what you are doing, and if you are investing, yet you present your ideas like a trader, then you are also going to likely end up getting criticisms for those kinds of approaches, even though you have the right to do them and you also have the right to talk about them, since this is not even specifically an investing thread.

So all I'm saying is Bitcoin price is not going up but down and I can't say it will get to $60k from how slow the market price is moving.

Yes.  You have said that several times, and I have already responded several times to that point in which neither you are anyone else has hardly any clue about where BTC prices are going, so your assigning odds (and certainty) way higher than are deserved to such BTC price direction contributes to your appearing to be either retarded or disingenuine...   And, of course, you can do what you like, and members, including yours truly, can choose to respond or not respond to the contents of your posts too.

[Ambatman]

And I don't seem to understand why you're not seeing or getting what I said about Bitcoin price not getting up to $60k before the end of September. I said Bitcoin price can't get up to $60k this month, and first of all is just a speculation and it may or may not happen but it doesn't mean $60k is my highest or something, that's what I feel, is my opinion. It won't be this month of September because to me I don't see any positive move that I'd say it will get to $60k and why make it look like I don't know what I'm saying, it doesn't mean I'm calling the shots but you are making it look as if I'm the god of Bitcoin price. Double JG you might have the experience but that doesn't mean I can't say what I feel.
How well do you know me that you talking about me being less than 2 yrs into Bitcoin? Come on bro, your assumption can't be correct when it comes to members and what they know or how long they have been in Bitcoin or whatever, don't use assumption to judge people. You don't know if I'm a long or short term holder but you just say I'm this and that. So all I'm saying is Bitcoin price is not going up but down and I can't say it will get to $60k from how slow the market price is moving.

Well a positive move is that Fed are going to start cutting interest rate by next week Wednesday.
Personal opinion are respected
Everybody have their speculation based on their own understanding
The essence is to see other views and reason and consider why they think the way they do.
Understanding others view would enable understand the strengths or flaws in yours.

Personally Bitcoin entering $60K or not this month doesn't mean much to me
We just 20days to Q4
Now that's what I look forward to.

[MainIbem]

And I don't seem to understand why you're not seeing or getting what I said about Bitcoin price not getting up to $60k before the end of September. I said Bitcoin price can't get up to $60k this month, and first of all is just a speculation and it may or may not happen but it doesn't mean $60k is my highest or something, that's what I feel, is my opinion. It won't be this month of September because to me I don't see any positive move that I'd say it will get to $60k and why make it look like I don't know what I'm saying, it doesn't mean I'm calling the shots but you are making it look as if I'm the god of Bitcoin price. Double JG you might have the experience but that doesn't mean I can't say what I feel.
How well do you know me that you talking about me being less than 2 yrs into Bitcoin? Come on bro, your assumption can't be correct when it comes to members and what they know or how long they have been in Bitcoin or whatever, don't use assumption to judge people. You don't know if I'm a long or short term holder but you just say I'm this and that. So all I'm saying is Bitcoin price is not going up but down and I can't say it will get to $60k from how slow the market price is moving.

Well a positive move is that Fed are going to start cutting interest rate by next week Wednesday.
Personal opinion are respected
Everybody have their speculation based on their own understanding
The essence is to see other views and reason and consider why they think the way they do.
Understanding others view would enable understand the strengths or flaws in yours.

Personally Bitcoin entering $60K or not this month doesn't mean much to me
We just 20days to Q4
Now that's what I look forward to.

You're right, everyone has their different opinions concerning the Volatility of Bitcoin and sometimes some people's opinion might turn out good depending on the market, but the fact is that we're all speculating and I still stand on the ground that no one can give an accurate figure of what the market would be in certain periods but instead of bothering about the current price, I think we should focus more on the future and ponder on accumulating more  Bitcoin against a possible massive Bull market in the Q4, it's not very far away though but there's still time for those who are yet to and got enough capital to accumulate as much as possible and instead of waiting or hoping for the price to drop so they'll get a better entry, it's better to start now cause the price could go higher than it is currently.

[I_Anime]

Exactly, that's where most persons get it wrong. It shouldn't just be about investing and holding for long period of time but rather it should be investing wisely and smartly because investor who invest wisely and... Find it difficult or hard to encounter any challenge I mean there will be little or no challenge at all but investor who is so concerned about investing sometimes may over invest and when the market start depreciating they began to panic even when they are responsible for their..., In summary we should try as much as possible to be investing wisely and smartly because there will be alot of advantage

Can you explain the investing wisely part.
Because investing In Bitcoin alone is already a wise decision to take , I know that their are steps to follow when investing and accumulating bitcoin, steps like having an emergency funds, method of accumulating etc . Most time some people will want to play smart they will sell their bitcoin when there's a slight increase in price , with the plan of buying back when the price drop back. Calling them self investors while as they are more of a trader, trying to play with the market wave and most time they always endup with little profit or none because they lacks patient.

So there's no complex way to accumulate or hold Bitcoin, just put things in place ( like emergency funds and others) , accumulate and hold as long-term investment.

[NicNacCoin]

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?

We saw Bitcoin touch $70,000 and then settle back around $740,000. From around $74,000, Bitcoin dumped to $49,000. Bitcoin is currently between $56,000 and $57,000. But here we can see that Bitcoin did not go above $74k but definitely went down. But many have predicted that Bitcoin will be $100,000 in 2024 but I don't support it much but I do support that Bitcoin will be $100,000 in 2025.

[ultrloa]

It’s kinda complicated with what you wrote involving bitcoin investment and challenges , no one should view bitcoin investment as a helping hand in times of stranded situation. Even if you made mentioned of back up funds also and no one can predict any situation we face in life so it’s right we always make room for alternative plans, honestly speaking challenges that will cost an investor his/her bitcoin investment is so rare expect the investor never made use of the disposable income when investing rather the investor went ahead to buy and buy without planning, secondly using the backup funds for personal reason without filling back is wrong and it can cost an investor his investment.

Exactly, that's where most persons get it wrong. It shouldn't just be about investing and holding for long period of time but rather it should be investing wisely and smartly because investor who invest wisely and... Find it difficult or hard to encounter any challenge I mean there will be little or no challenge at all but investor who is so concerned about investing sometimes may over invest and when the market start depreciating they began to panic even when they are responsible for their..., In summary we should try as much as possible to be investing wisely and smartly because there will be alot of advantage.

You seem to be confusing all of us with your terminology because I don't understand what you mean by investing smartly that is unconnected to long term holding. For investor to hold their assets for a long time, it is already a proof that they invested smartly because without that, they would have be pressured to sell or been disturbed when price was undergoing corrections. The most important aspect of investing in Bitcoin is to be able to preserve the assets and not act compulsively, this is more important than getting a perfect entry like some people pride in. At some point, the method used in buying is just a little part of the process rather how you manage the investment is what determine how successful you will be. So, the measure of smartness is in how well an investor can hold the asset and make the best use of it and not act in a way that will lead to regrets.

The way invest smartly word use its like it pointing out to altcoin since this is common terminology used by people if asking as suggestion towards what token to invest. But actually we should avoid using tricky word that can confuse people, although we know bitcoin is the one has been pointed out here since we know that this is good coin to invest. If they think other technical things the way how they invest with bitcoin could provably make them confuse on every aspect of it. Life is so simple so they should bring it up on more simpler way and accumulate consistently do the DCA and hit the target years they plan. If they talk to much about it and cover unnecessary things then maybe it can affect their decision to continue and might confuse what important things to consider. So overall it will matter on how they handle their investment and if they always follow those plans or strategy they are looking forward for.

[Pi$$]

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?

We saw Bitcoin touch $70,000 and then settle back around $740,000. From around $74,000, Bitcoin dumped to $49,000. Bitcoin is currently between $56,000 and $57,000. But here we can see that Bitcoin did not go above $74k but definitely went down. But many have predicted that Bitcoin will be $100,000 in 2024 but I don't support it much but I do support that Bitcoin will be $100,000 in 2025.

Just so you know it is more of a speculating and expectation. No one is certain of what the price may become in the next few hours, days or months. Many investors here are speculating 100k margin this year because they have invested a lot of money into Bitcoin and some of them would love to see the price go up as soon as possible believing that next year it will be better than what it is today. While some are eager to take profit from their investment.

You're right, everyone has their different opinions concerning the Volatility of Bitcoin and sometimes some people's opinion might turn out good depending on the market, but the fact is that we're all speculating and I still stand on the ground that no one can give an accurate figure of what the market would be in certain periods but instead of bothering about the current price, I think we should focus more on the future and ponder on accumulating more  Bitcoin against a possible massive Bull market in the Q4, it's not very far away though but there's still time for those who are yet to and got enough capital to accumulate as much as possible and instead of waiting or hoping for the price to drop so they'll get a better entry, it's better to start now cause the price could go higher than it is currently.

Your faith is strong. Do you really believe that in 2 months time Bitcoin will hit 100k from 57k currently? Although there is possibility in it, because i have seen what Bitcoin has done in recent times. However, the 80k might seem more realistic than 100k. I just feel its a little late for Bitcoin to reach 100k this year. It could start from the first quarter of 2025.

[Popkon6]

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?

We saw Bitcoin touch $70,000 and then settle back around $740,000. From around $74,000, Bitcoin dumped to $49,000. Bitcoin is currently between $56,000 and $57,000. But here we can see that Bitcoin did not go above $74k but definitely went down. But many have predicted that Bitcoin will be $100,000 in 2024 but I don't support it much but I do support that Bitcoin will be $100,000 in 2025.

Pumping and dumping the price of Bitcoin is normal, but if you pay attention to the price of Bitcoin around 2010, you will definitely see a very low price of Bitcoin. And it's usually a halving cycle with bitcoin prices touching $74,000 in a few steps. But those who invested around 2013 are largely successful today, and many who have been investing in Bitcoin for a long time following the DCA method are largely successful today.

 So the fourth halving of the Bitcoin price is over, now only waiting for Bitcoin to grow. But we usually don't have to keep the price of Bitcoin going up without investing, so it's usually only possible to hold Bitcoin for a long time by investing.

[Hewlet]

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?

We saw Bitcoin touch $70,000 and then settle back around $740,000. From around $74,000, Bitcoin dumped to $49,000. Bitcoin is currently between $56,000 and $57,000. But here we can see that Bitcoin did not go above $74k but definitely went down. But many have predicted that Bitcoin will be $100,000 in 2024 but I don't support it much but I do support that Bitcoin will be $100,000 in 2025.

Pumping and dumping the price of Bitcoin is normal, but if you pay attention to the price of Bitcoin around 2010, you will definitely see a very low price of Bitcoin. And it's usually a halving cycle with bitcoin prices touching $74,000 in a few steps. But those who invested around 2013 are largely successful today, and many who have been investing in Bitcoin for a long time following the DCA method are largely successful today.

At those early stage of Bitcoin investments, profit was more about investing earlier enough because earlier investors had the opportunity of buying Bitcoin at a much cheaper price even though they didn't use much amount to buy it. It was possible to buy up to 2 BTC within very few months even though you don't earn that much. You can afford to buy that much BTC because of how relatively low the value of BTC was and once you've done that and you've held your BTC till now or any where above those range of price, you're certain that you've gotten a good profit or at the least, you're comfortably sited at a good profit region. With little DCA or a good amount during bulk purchase, you can easily reach your goal in the past but that's no longer the case at the present that Bitcoin has gone this far and is somehow more stable than it use to be.

For now, because the value of Bitcoin has increased so far and coupled with the inflation that is affecting different individuals and causing them to face difficulty in buying BTC in bulk, the DCA methord is now the most preferable option and it's no longer easy to accumulate a good amount of Bitcoin within a short interval of time which is the main reason why long term purchase of BTC is now the most recommended methord of accumilating Bitcoin so regardless of the pumping and dumping and the slow movement of Bitcoin price above $100k, you can still use that opportunity to buy much amount ot Bitcoin and within the long term interval of 4 to 8 years or upwards, you should have built a reasonable amount in your portfolio.

So the fourth halving of the Bitcoin price is over, now only waiting for Bitcoin to grow. But we usually don't have to keep the price of Bitcoin going up without investing, so it's usually only possible to hold Bitcoin for a long time by investing.

we don't have a role to play in what becomes of Bitcoin even after the halving. We just do our speculation based on past halving and draw a conclusion of what might play out at this time after the halving. It might get bullish in the last quarter of the year and possibly bring about a new ATH which will be a good one to end the year on a good tune. It as well might not exactly happen the way we're speculating but the main thing is that in preparation for all this possibility we're projecting to play out in the coming months, we're actually buying at these prices that's below the expected bull. Another thing is that depending on where you're currently in your accumilation journey, even if Thier is a pump today, it might not have an effect on you Honestly, would you even sell your holding because Bitcoin just got to $100k before the year comes to an end or that it breaks a new ATH? If you haven't reached your investment goal, whatever bullish trend we experience will only serve as a motivation to keep holding and never be an altitude we will look out for and decide to sell the little we've accumilated.