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Author Topic: Road to 100k?  (Read 15371 times)
reefsea
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September 19, 2024, 09:42:38 PM
 #1621

Price history never lies.. I think this is where the positive news begins, the numbers are on average beyond many people's expectations. But. I'm sure it won't be long before BTC is ready to the moon and the 80K number is no longer just a prediction like many people say and after the halving BTC will rise higher and soon become a reality.
Bitcoin has a pretty good history after the bitcoin halving in that year where many charts that I saw the history of the increase at the end of the year was quite significant.

That is clearly a pretty good trend when compared to the previous halving history.

But that could happen because usually at the end of the year many people get a lot of money either from the bonuses they receive from the company. Well if all or some of it flows into bitcoin then there will be a more aggressive increase.

But I think the real increase has not happened yet, just a short-term spike, so take the opportunity to continue buying bitcoin.

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Miles2006
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September 19, 2024, 09:45:02 PM
 #1622

Success in long-term Bitcoin investing is guaranteed. If you do DCA investment then definitely keep it for a long time because by adopting this method you are buying small amount of bitcoins with your own funds either on weekly basis or monthly basis. If you keep it for 4-6 years to accumulate small amount then your small amount of deposited bitcoins will turn into big size after mentioned few years.
Even though we agree that Bitcoin is a reliable investment instrument,  I will still want to remind you that nothing is guaranteed as far as investment is concerned. It is always great and better we have this mindset so we do not act irrationally and end up making serious mistakes. I'm not trying to discourage you or put fear in you but we have to approach every investment with the right mindset, understanding that risk is inherent in everything and acting to minimise the risk at all times. For Bitcoin, long term investment actually minimises this risk but does not eliminate it completely.

That being said, I'm optimistic that the market have finally found its ground to rejuvenate the road to 100k which this thread is captioned. Therefore, there can not be any better time than now for us to consolidate on our Bitcoin holdings if we want to make the most of the opportunities offered to us by the market.

The way how they deliver the words about guaranteed things its like they are sure to became rich on bitcoin in future. They forget about many risk involve when they are doing the long term process and they need to overcome a lot of challenges that's why its good that they still intact on realistic world. Also yeah we are looking forward to gain from bitcoin we should not eliminate the thoughts of being careful on how we deal with this coin. That's why emergency funds is really important with this matter so once our expectation didn't came up with bitcoin and we end up losing there's some money could save our ass and we could still deal our selves on hard times and could able to recover.

Being prepared is important and if they really believe on bitcoin then continuous accumulating until they hit their targets is important since this could determine on how much volume and profit they could able to get in future. So lets hope that bitcoin will also experience positive events for us to get something on the efforts we made for long time with bitcoin.
Firstly I don’t see myself investing and hoping for lose despite the unpredictable situation about bitcoin, no one will love to put their money in an investment they fully know that will not yield profit. Concerning risk, bitcoin has certain rules when followed an investor can avoid lose etc. The problem with risk and bitcoin is complicated, having an alternative is perfect since no one can invest everything into bitcoin 100% and emergency funds is totally different because it can stand as a help when an investor is still investing but whereby an investor no longer  have bitcoin investment the emergency fund is also worthless for example the emergency funds stand as a guide we never lose our investment.

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Taskford
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September 19, 2024, 10:28:47 PM
 #1623

Success in long-term Bitcoin investing is guaranteed. If you do DCA investment then definitely keep it for a long time because by adopting this method you are buying small amount of bitcoins with your own funds either on weekly basis or monthly basis. If you keep it for 4-6 years to accumulate small amount then your small amount of deposited bitcoins will turn into big size after mentioned few years.
Even though we agree that Bitcoin is a reliable investment instrument,  I will still want to remind you that nothing is guaranteed as far as investment is concerned. It is always great and better we have this mindset so we do not act irrationally and end up making serious mistakes. I'm not trying to discourage you or put fear in you but we have to approach every investment with the right mindset, understanding that risk is inherent in everything and acting to minimise the risk at all times. For Bitcoin, long term investment actually minimises this risk but does not eliminate it completely.

That being said, I'm optimistic that the market have finally found its ground to rejuvenate the road to 100k which this thread is captioned. Therefore, there can not be any better time than now for us to consolidate on our Bitcoin holdings if we want to make the most of the opportunities offered to us by the market.

The way how they deliver the words about guaranteed things its like they are sure to became rich on bitcoin in future. They forget about many risk involve when they are doing the long term process and they need to overcome a lot of challenges that's why its good that they still intact on realistic world. Also yeah we are looking forward to gain from bitcoin we should not eliminate the thoughts of being careful on how we deal with this coin. That's why emergency funds is really important with this matter so once our expectation didn't came up with bitcoin and we end up losing there's some money could save our ass and we could still deal our selves on hard times and could able to recover.

Being prepared is important and if they really believe on bitcoin then continuous accumulating until they hit their targets is important since this could determine on how much volume and profit they could able to get in future. So lets hope that bitcoin will also experience positive events for us to get something on the efforts we made for long time with bitcoin.
Firstly I don’t see myself investing and hoping for lose despite the unpredictable situation about bitcoin, no one will love to put their money in an investment they fully know that will not yield profit. Concerning risk, bitcoin has certain rules when followed an investor can avoid lose etc. The problem with risk and bitcoin is complicated, having an alternative is perfect since no one can invest everything into bitcoin 100% and emergency funds is totally different because it can stand as a help when an investor is still investing but whereby an investor no longer  have bitcoin investment the emergency fund is also worthless for example the emergency funds stand as a guide we never lose our investment.

Provably people not going to love that scenario if they know where they don't know if they could able to earn. But what's good about bitcoin is the probabilities to gain is high and its proven thru statistic that we can search that all long term investor is really gaining from this.

So far we can say that all of them is in bullish situation despite of many dumping stage happen in this coin. What investor just need to do is to be consistent on acquiring then strictly follow the methods they are using. Also they should not get bothered by any nonsense things like other discourage words they receive or funds since everything will be fine on their end if they so focus on what they are doing.

Also don't use your emergency funds to invest in bitcoin since that is not ideal thing to do. Its life saver and it will save you on personal emergency cases so use this money intended for this matter.  You should have separate amount for investment since this provably could make your life more better.

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MainIbem
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September 19, 2024, 10:51:37 PM
 #1624

Firstly I don’t see myself investing and hoping for lose despite the unpredictable situation about bitcoin, no one will love to put their money in an investment they fully know that will not yield profit. Concerning risk, bitcoin has certain rules when followed an investor can avoid lose etc. The problem with risk and bitcoin is complicated, having an alternative is perfect since no one can invest everything into bitcoin 100% and emergency funds is totally different because it can stand as a help when an investor is still investing but whereby an investor no longer  have bitcoin investment the emergency fund is also worthless for example the emergency funds stand as a guide we never lose our investment.

Provably people not going to love that scenario if they know where they don't know if they could able to earn. But what's good about bitcoin is the probabilities to gain is high and its proven thru statistic that we can search that all long term investor is really gaining from this.

So far we can say that all of them is in bullish situation despite of many dumping stage happen in this coin. What investor just need to do is to be consistent on acquiring then strictly follow the methods they are using. Also they should not get bothered by any nonsense things like other discourage words they receive or funds since everything will be fine on their end if they so focus on what they are doing.

What i understand is that so far an investor is patient and use the DCA method of investing in Bitcoin, then success is definitely guaranteed in the future when I mean patience it's not about investing for about six to seven months and hoping for profits cause you're doing DCA, we're talking about years like a full circle or more, we'll an investor could be lucky to be on a profit side in six months interval of investment but such luck doesn't happen always cause the market could be on a bearish season at that point moreover six month interval is not enough when we're talking about long-term. Also I think you're making a point when you say that investors should strictly follow the method they're using to accumulate Bitcoin cause investors might be on the track track like doing the DCA then get carried away along the line and deviate to other method like trading and probably lose there having discipline is what every investor much possess it would help an investor maintain focus on the goal and not deviate from the right track or get carried  methods or whatsoever. 

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September 19, 2024, 11:27:14 PM
 #1625

Today bitcoin made a big difference from August till the mid September this year we have been below $60k but today we broke the tension and went to about 63kish price which BTC is still maintaining till abd and with this am pretty convinced that we are absolutely on our way to 100k which might be seen 2025.

Probably those who kept DCAing and lump suming into bitcoin since the price dip must have gotten a good discount in price hence profit will be maximised.
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September 20, 2024, 04:17:54 PM
 #1626

Today bitcoin made a big difference from August till the mid September this year we have been below $60k but today we broke the tension and went to about 63kish price which BTC is still maintaining till abd and with this am pretty convinced that we are absolutely on our way to 100k which might be seen 2025.

Probably those who kept DCAing and lump suming into bitcoin since the price dip must have gotten a good discount in price hence profit will be maximised.
It really feels good to see the market in green with good energy. I think the hope of many, who were terrified by the retracement, have been restored even though they might have missed out on buying more instead of exhibiting panic during the retracement period. Well, everyone have their approach and target but it should be a general understanding among Bitcoin lovers to develop some level of confidence in Bitcoin knowing that nothing will happen now that have not happen before in the history of Bitcoin. I saw in the charts that some time in the past that Bitcoin have moved from 10k to around 3k, and it has also moved from the ATH of 2021 which was around 69k to as below 18k which actually look terrifying but at the end, Bitcoin recovered and still created a new ATH this year. So the retracement of this year is supposed to be the least of the things that should make a smart person to be worried. I have the strong feeling that the months ahead will be great for Bitcoin.
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September 20, 2024, 04:54:02 PM
Merited by JayJuanGee (1)
 #1627

Today bitcoin made a big difference from August till the mid September this year we have been below $60k but today we broke the tension and went to about 63kish price which BTC is still maintaining till abd and with this am pretty convinced that we are absolutely on our way to 100k which might be seen 2025.

Probably those who kept DCAing and lump suming into bitcoin since the price dip must have gotten a good discount in price hence profit will be maximised.

i knew right from time that chances of bitcoin surging to the price range of $100k in 2025 is than that of 2024. It may happen late 2024 but no one can tell that`s why whenever there`s dip in market i don`t show any sign of panicking because already have the mindset that the bullrun is going to be a gradual process. so the best thing to do id to keep building your stashes , because should be among of our prior. as an bitcoin investor .

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September 20, 2024, 06:35:42 PM
 #1628

I knew right from time that chances of bitcoin surging to the price range of $100k in 2025 is than that of 2024. It may happen late 2024 but no one can tell that`s why whenever there`s dip in market i don`t show any sign of panicking because already have the mindset that the bullrun is going to be a gradual process. so the best thing to do id to keep building your stashes , because should be among of our prior. as an bitcoin investor .



We have been seeing quite a few green candles for a while, especially over the last seven days. This makes Bitcoin more likely to cross $100k in late 2024 or early 2025. Bitcoin took quite a dump before building this possibility which happens before every bullrun. Bitcoin is slowly starting to pump and it will probably run through small dumps and pumps to make new ATHs. This ATH is over $100k.

SuperBitMan
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September 20, 2024, 08:48:25 PM
 #1629

I knew right from time that chances of bitcoin surging to the price range of $100k in 2025 is than that of 2024. It may happen late 2024 but no one can tell that`s why whenever there`s dip in market i don`t show any sign of panicking because already have the mindset that the bullrun is going to be a gradual process. so the best thing to do id to keep building your stashes , because should be among of our prior. as an bitcoin investor .



We have been seeing quite a few green candles for a while, especially over the last seven days. This makes Bitcoin more likely to cross $100k in late 2024 or early 2025. Bitcoin took quite a dump before building this possibility which happens before every bullrun. Bitcoin is slowly starting to pump and it will probably run through small dumps and pumps to make new ATHs. This ATH is over $100k.
Surely Bitcoin will hit $100k very soon but one can't rightly say it will turn out to be so this year, however there's great hope for it to happen ending of this year but one can't be sure because Bitcoin is highly volatile and because is volatile predicting it future outcome will be so difficult.
What we should bear in mind is that Bitcoin has a bright future and those who are holding for a very long term will be in more advantage.
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September 20, 2024, 09:09:34 PM
 #1630

Success in long-term Bitcoin investing is guaranteed. If you do DCA investment then definitely keep it for a long time because by adopting this method you are buying small amount of bitcoins with your own funds either on weekly basis or monthly basis. If you keep it for 4-6 years to accumulate small amount then your small amount of deposited bitcoins will turn into big size after mentioned few years.
Even though we agree that Bitcoin is a reliable investment instrument,  I will still want to remind you that nothing is guaranteed as far as investment is concerned. It is always great and better we have this mindset so we do not act irrationally and end up making serious mistakes. I'm not trying to discourage you or put fear in you but we have to approach every investment with the right mindset, understanding that risk is inherent in everything and acting to minimise the risk at all times. For Bitcoin, long term investment actually minimises this risk but does not eliminate it completely.

That being said, I'm optimistic that the market have finally found its ground to rejuvenate the road to 100k which this thread is captioned. Therefore, there can not be any better time than now for us to consolidate on our Bitcoin holdings if we want to make the most of the opportunities offered to us by the market.

The way how they deliver the words about guaranteed things its like they are sure to became rich on bitcoin in future. They forget about many risk involve when they are doing the long term process and they need to overcome a lot of challenges that's why its good that they still intact on realistic world. Also yeah we are looking forward to gain from bitcoin we should not eliminate the thoughts of being careful on how we deal with this coin. That's why emergency funds is really important with this matter so once our expectation didn't came up with bitcoin and we end up losing there's some money could save our ass and we could still deal our selves on hard times and could able to recover.

Being prepared is important and if they really believe on bitcoin then continuous accumulating until they hit their targets is important since this could determine on how much volume and profit they could able to get in future. So lets hope that bitcoin will also experience positive events for us to get something on the efforts we made for long time with bitcoin.
Firstly I don’t see myself investing and hoping for lose despite the unpredictable situation about bitcoin, no one will love to put their money in an investment they fully know that will not yield profit. Concerning risk, bitcoin has certain rules when followed an investor can avoid lose etc. The problem with risk and bitcoin is complicated, having an alternative is perfect since no one can invest everything into bitcoin 100% and emergency funds is totally different because it can stand as a help when an investor is still investing but whereby an investor no longer  have bitcoin investment the emergency fund is also worthless for example the emergency funds stand as a guide we never lose our investment.

Actually no body plans to invest in something that they will end up losing at the end but that doesn't mean that you should not also think about the possibility for a loss to occur, while investing you can't only be positive about your investments because you need to also think about if it goes the other way round because it will give you a good edge if such circumstances occurs while investing. I don't know about the rules bitcoin has anyway but what is there is just that anyone investing in Bitcoin needs to exercise a lot of patience if not if they only think about the short term profits they can end up losing. There's no alternative to Bitcoin for now because Bitcoin has proven to be the most reliable asset anyone can think of acquiring but if one should have an alternative means of investment let it be on worthy assets.
          Your explanation about emergency funds looks confusing but I would tell you that the emergency funds is basically for any immediate needs that will occur in the future so instead of touching your holdings, your emergency funds can sort such situation out while you still continue with your accumulations.

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September 20, 2024, 09:59:38 PM
 #1631

I knew right from time that chances of bitcoin surging to the price range of $100k in 2025 is than that of 2024. It may happen late 2024 but no one can tell that`s why whenever there`s dip in market i don`t show any sign of panicking because already have the mindset that the bullrun is going to be a gradual process. so the best thing to do id to keep building your stashes , because should be among of our prior. as an bitcoin investor .



We have been seeing quite a few green candles for a while, especially over the last seven days. This makes Bitcoin more likely to cross $100k in late 2024 or early 2025. Bitcoin took quite a dump before building this possibility which happens before every bullrun. Bitcoin is slowly starting to pump and it will probably run through small dumps and pumps to make new ATHs. This ATH is over $100k.

Soon alot of folks will start regretting selling their bitcoin too early , I don't know why most people can see the potential in bitcoin, instead they will start comparing it to some shitcoins that usually have no purpose or are meant for pumb and dumping. To be frank this bullrun is not like the others , because it is unpredictable. Like bitcoin started surging before the halving takes place months back.

And I believe that this bullrun will be one of the best , I'm glad that I have come this far in my bitcoin accumulation, I remembered when I started around last year, I thought it was already late but as time goes on I was able to see that there's still time to hop in , in Bitcoin investment and this next ATH won't be bitcoin peak , a time will come Bitcoin is still going to beat that ATH and a create a new one . So there's no best time in investing in Bitcoin one can even start now.

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September 21, 2024, 03:51:07 AM
 #1632

Probably those who kept DCAing and lump suming into bitcoin since the price dip must have gotten a good discount in price hence profit will be maximised.
That is the benefit of those who understand that Bitcoin price is full of ups and down and they took that as an advantage even with the mindset of the 100k milestone. Most people are blinded to see that the price dropping is an opportunity. With the funds they have they decide to remain reluctant while some do not have any more money to invest but their minds are full of regret for not having the finances to take the opportunity when it dropped.

The 60k barrier should be a testament to those who are still in doubt about Bitcoin and its value as a digital asset. Sometimes I just feel that there is nothing that could be said to convince those in doubt on the advantages of investing in Bitcoin.

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September 21, 2024, 06:11:14 AM
 #1633

I knew right from time that chances of bitcoin surging to the price range of $100k in 2025 is than that of 2024. It may happen late 2024 but no one can tell that`s why whenever there`s dip in market i don`t show any sign of panicking because already have the mindset that the bullrun is going to be a gradual process. so the best thing to do id to keep building your stashes , because should be among of our prior. as an bitcoin investor .



We have been seeing quite a few green candles for a while, especially over the last seven days. This makes Bitcoin more likely to cross $100k in late 2024 or early 2025. Bitcoin took quite a dump before building this possibility which happens before every bullrun. Bitcoin is slowly starting to pump and it will probably run through small dumps and pumps to make new ATHs. This ATH is over $100k.
Bitcoin price will surely touch $100k dollar but when it will happen is not sure yet only our prediction. But yes, we have recently seen market candles green which were red a few days ago. The market has started pumping again from dumping. When Bitcoin's price surged and new ATH was created, many of us assumed that it might soon hit the predicted record price of $100K. That didn't happen, the market was dumped again and went much lower. The upward trend of the market at this stage suggests that we may have entered a bullish season.

This bullish trend in the market is comforting to many and regrettable to many. Because who waited for the price of Bitcoin to fall further thinking that they would buy if the price of Bitcoin fell further. By eliminating their thoughts, Bitcoin has once again risen, causing them to regret it.

R


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September 21, 2024, 06:25:51 AM
 #1634

Probably those who kept DCAing and lump suming into bitcoin since the price dip must have gotten a good discount in price hence profit will be maximised.
That is the benefit of those who understand that Bitcoin price is full of ups and down and they took that as an advantage even with the mindset of the 100k milestone. Most people are blinded to see that the price dropping is an opportunity. With the funds they have they decide to remain reluctant while some do not have any more money to invest but their minds are full of regret for not having the finances to take the opportunity when it dropped.

The 60k barrier should be a testament to those who are still in doubt about Bitcoin and its value as a digital asset. Sometimes I just feel that there is nothing that could be said to convince those in doubt on the advantages of investing in Bitcoin.

While some investors are treating the Bitcoin price dip as a panic, other wise investors are waiting for an opportunity to buy Bitcoin. For those who know about bitcoins, they give more priority to collect bitcoin than its price. If an investor realizes that he will definitely try to hold Bitcoin. They believe that 100k of bitcoin is matter of time and will become more valuable in the future. Many of those who didn't hold Bitcoin 2018 were unable to see Bitcoin's future. But the value of Bitcoin is increasing over time. Those investors are left with nothing but regret. Bitcoin investing can be difficult even for those who wait for the future without investing.

This year can be ended with the price of 70k this year but next year we will be able to see that expected price. Although we do not guarantee when bitcoin will be bullish and bearish but if one has a long term plan based on past history and price prediction of bitcoin and tries to hold bitcoin regularly then bitcoin will surely help in reaching the target. Accumulating bitcoins is the best thing to do as a bitcoin investor.

.
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September 21, 2024, 09:26:01 AM
 #1635

whereby an investor no longer  have bitcoin investment the emergency fund is also worthless for example the emergency funds stand as a guide we never lose our investment.
Having a bitcoin investment or not, one can still have an emergency funds for an unforeseen challenges that might arise in future and you need to prepare for it. Any investment that you venture into apart from bitcoin investment, an emergency funds is necessary so that you don't use from the investment to take care of real emergency when it arises especially when the investment is just growing. Some new investor starts their bitcoin investment journey with an emergency funds already in place before they know about bitcoin and decided to invest in it. For example, the rich and people that knows the importance of emergency funds.

Imagine when you have $10000 and you want to start a business, if you use the whole $10000 to venture into the business, if the business is not doing fine, you will not have extra funds to keep the business going because you used all to invest and forget to keep some to maintain the business incase any unforseen challenges that you did not consider befall on your business which might lead to run down of the business. If you use $7500 to invest in the business and keep $2500 for any unforeseen challenges in the business, when it occurs, you will get rid of it and your business will continue.

Your explanation about emergency funds looks confusing but I would tell you that the emergency funds is basically for any immediate needs that will occur in the future so instead of touching your holdings, your emergency funds can sort such situation out while you still continue with your accumulations.
I guess that you wanted to say that when a real emergency occurs in future that is only when one should use his emergency funds and not needs. This is because we already know our needs and we take care of them whenever we get paid but an emergency is something that we don't expect to happen but takes us unaware and we must take care of it so that it does not lead to more losses or affects us in a negative way.

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September 21, 2024, 01:37:22 PM
 #1636

The bull phase is taking over my mind and spirit. I don't think bitcoin will hit $100k before the end of the year because there is little time left, the market will need to break out of the bear market again, institutional money seems to be coming back into the market. Anyway it is a positive sign, if bitcoin can't hit $100k but hits a new ATH by the end of the year I will still be very happy. Get ready!!!

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September 21, 2024, 02:32:21 PM
 #1637

Probably those who kept DCAing and lump suming into bitcoin since the price dip must have gotten a good discount in price hence profit will be maximised.
That is the benefit of those who understand that Bitcoin price is full of ups and down and they took that as an advantage even with the mindset of the 100k milestone. Most people are blinded to see that the price dropping is an opportunity. With the funds they have they decide to remain reluctant while some do not have any more money to invest but their minds are full of regret for not having the finances to take the opportunity when it dropped.

The 60k barrier should be a testament to those who are still in doubt about Bitcoin and its value as a digital asset. Sometimes I just feel that there is nothing that could be said to convince those in doubt on the advantages of investing in Bitcoin.

For some people who have a good understanding of the volatility of Bitcoin, of course, they will always take advantage of the opportunity to continue to accumulate their Bitcoin more than they usually do when a decline occurs, but for some people who are not aware of this, of course, they will not dare to take advantage of the opportunity so they only regret it when others who dare to take advantage of the opportunity have benefited from it.

A person's lack of understanding of Bitcoin will certainly make them hesitate to take advantage of the declining condition as an opportunity to collect Bitcoin, but when they have understood it, of course, they will always try their best to be able to take advantage of the opportunity to collect Bitcoin in order to enjoy profits when the price rises again.
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September 21, 2024, 02:52:03 PM
 #1638

The bull phase is taking over my mind and spirit. I don't think bitcoin will hit $100k before the end of the year because there is little time left, the market will need to break out of the bear market again, institutional money seems to be coming back into the market. Anyway it is a positive sign, if bitcoin can't hit $100k but hits a new ATH by the end of the year I will still be very happy. Get ready!!!
and when it hits it new ATH at the end of the year what will then happen? Would that mean that Bitcoin has now gained a different validation than it has already gotten? The end of the year is not a set out timeframe entails that it's a must for Bitcoin to hit it new ATH at that time or else Bitcoin would loose it validity.

People expected that it will be after the halving that Bitcoin will hit a new ATH but it didn't happen as expected and we got a new ATH of $73k right before the halving took place. After that happened, was that a reason to sell when you only had a chunk of Bitcoin? Even though we are all expecting a new ATH, your plans shouldn't be restricted by what happens at the end of the year or what happens whan Bitcoin gets to a new ATH.

Allowing an expectation of a bull to mess around with your mind is not going to be of help because if your intention is to HODL for a long time, you're going to learn how to deal with making long term plan and never allowing your emotions get the better of you.

.
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September 21, 2024, 03:52:22 PM
 #1639

The bull phase is taking over my mind and spirit. I don't think bitcoin will hit $100k before the end of the year because there is little time left, the market will need to break out of the bear market again, institutional money seems to be coming back into the market. Anyway it is a positive sign, if bitcoin can't hit $100k but hits a new ATH by the end of the year I will still be very happy. Get ready!!!
and when it hits it new ATH at the end of the year what will then happen? Would that mean that Bitcoin has now gained a different validation than it has already gotten? The end of the year is not a set out timeframe entails that it's a must for Bitcoin to hit it new ATH at that time or else Bitcoin would loose it validity.

People expected that it will be after the halving that Bitcoin will hit a new ATH but it didn't happen as expected and we got a new ATH of $73k right before the halving took place. After that happened, was that a reason to sell when you only had a chunk of Bitcoin? Even though we are all expecting a new ATH, your plans shouldn't be restricted by what happens at the end of the year or what happens whan Bitcoin gets to a new ATH.

Allowing an expectation of a bull to mess around with your mind is not going to be of help because if your intention is to HODL for a long time, you're going to learn how to deal with making long term plan and never allowing your emotions get the better of you.

Too much anxiety on little profit or on profits on your bitcoin portfolio will not make you stay focus to keep your bitcoin accumulation ongoing. A new investor or a low coiner should not put profit in his mind when he is accumulating bitcoin because that is not his priority but his priorities should be investing and growing his bitcoin portfolio overtime in order for him to reach his bitcoin target quickly.

New investor shouldn't be too carried away with the price of bitcoin reaching $100k because there is still a lot of value for bitcoin in the future and when you don't realize this, you might end up selling too quick. Bitcoin will definitely get to 100k and above and that's a good reason why you should only focus on how to keep your accumulating of bitcoin ongoing because wether you have enough bitcoin or not the price will keep on increasing overtime. This is why increasing your bitcoin stash is very important for you to benefit from it in the future.

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wmaurik
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September 21, 2024, 04:24:02 PM
 #1640

The bull phase is taking over my mind and spirit. I don't think bitcoin will hit $100k before the end of the year because there is little time left, the market will need to break out of the bear market again, institutional money seems to be coming back into the market. Anyway it is a positive sign, if bitcoin can't hit $100k but hits a new ATH by the end of the year I will still be very happy. Get ready!!!
Everyone must be ready to welcome the bullrun in the market before this year ends, but can it really happen this year? Because now the price of Bitcoin is still below $65K although I still believe that the price increase could continue again in the next month and pass a larger price range than now. But for now I also don't think that Bitcoin will immediately make a new ATH again because it still has to make Bitcoin pass the price of $73K before entering next year. As for the price higher than what I said, we need to hope again next year if the market trend can continue to improve since the end of this year.

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