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Author Topic: Road to 100k?  (Read 12478 times)
bitzizzix
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September 27, 2024, 04:21:53 PM
 #1701

Bitcoin is a speculative asset such that anyone can come up with whatever they like that, and you know what? That is what makes it more interesting such that while others are being skeptical about the market dynamics others are also busy maximizing and utilizing every opportunities that shows itself in the market. Surely anyone with the intention of holding for as long as necessary will never worried over price predictions, and speculations even though there is nothing wrong predicting and speculating while keep growing your asset.
Now Bitcoin can be used to buy something we want as long as there is a service that accepts Bitcoin such as in several large companies and also in shops whose owners really like Bitcoin. It can also be brought into trading on the exchange that we like and can also be stored as an investment asset because it is also very good to do, but considering the value and number of Bitcoins which are very limited, of course storing more after buying on the market will be much better than using it to buy other goods or trading it with other pairs on the exchange.
Yes, Bitcoin has long been used as a means of transaction. And it all depends on the country where you live that has a shop or other place of sale that can accept Bitcoin as a means of payment and is legal, so do I, although in my country Bitcoin is still not legal but I have made transactions using Bitcoin and that too individually with fellow Bitcoin users at a reasonable price and mutually agreed upon. Although Bitcoin is the best choice for investment especially for the long term, there is nothing wrong if we use Bitcoin to make transactions if we really have to use it and only use a little profit to make transactions and it will not make us lose. Because we still make purchases routinely by doing DCA or other methods that you think are the best methods or strategies.

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September 27, 2024, 07:48:31 PM
 #1702

<snip>
Yes, Bitcoin has long been used as a means of transaction. And it all depends on the country where you live that has a shop or other place of sale that can accept Bitcoin as a means of payment and is legal, so do I, although in my country Bitcoin is still not legal but I have made transactions using Bitcoin and that too individually with fellow Bitcoin users at a reasonable price and mutually agreed upon. Although Bitcoin is the best choice for investment especially for the long term, there is nothing wrong if we use Bitcoin to make transactions if we really have to use it and only use a little profit to make transactions and it will not make us lose. Because we still make purchases routinely by doing DCA or other methods that you think are the best methods or strategies.
In fact, you don't need government or anyone else's approval to transact with bitcoin as a means of payment. You only need to ask the recipient whether he accepts bitcoin as a means of payment, if he accepts then you can send him bitcoin individually. Many people do it out there without telling anyone as long as bitcoin is not legal tender in your country, but there are many transactions as real use cases as a means of payment even if done secretly.

Maybe it's the same as using dollars or foreign currency in my country, transactions can still occur even though it is prohibited by law. Bitcoin transactions are certainly easier because users don't need to pay face to face, this is liked by users.

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September 27, 2024, 08:09:10 PM
 #1703

The road to $100K may be littered with corrections and doubt, but I don’t think there are too many of us who don’t believe we will reach it. I think the odds are actually far higher that Bitcoin hits a $100,000 price per coin in the next 12 months than it not doing so. It’s no wonder Blackrock is telling people to load up on BTC.

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Cryptoprincess101
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September 27, 2024, 08:56:35 PM
 #1704

The road to $100K may be littered with corrections and doubt, but I don’t think there are too many of us who don’t believe we will reach it.

Like many people have already lost confidence in the price of bitcoin hitting $100k forgetting to know that market volatility can project the price to hit $100k or close to it. doubt is also one of the things that affects investors believes especially when the price is experiencing a slow upwards movement and since a lot of people were expecting the price to cross pass the ATH of $73k before now and it wasn't achieved so those are the things that made many start having doubt of the price reaching $100k.

I_Anime
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September 27, 2024, 09:25:07 PM
 #1705

The road to $100K may be littered with corrections and doubt, but I don’t think there are too many of us who don’t believe we will reach it.

Like many people have already lost confidence in the price of bitcoin hitting $100k forgetting to know that market volatility can project the price to hit $100k or close to it. doubt is also one of the things that affects investors believes especially when the price is experiencing a slow upwards movement and since a lot of people were expecting the price to cross pass the ATH of $73k before now and it wasn't achieved so those are the things that made many start having doubt of the price reaching $100k.

For me the fire is still burning, Grin Where`s the fun if there is no up and down movement before the main surging of prices . I still have strong confidence that bitcoin going to surge to the price range of $100k , and even more than that .that is why folks have to keep their accumulation and holding going, especially focusing on accumulating more than sat down waiting for the price to surge (those that haven`t gotten far in their accumulation) .

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Today at 05:58:05 AM
 #1706


Now Bitcoin can be used to buy something we want as long as there is a service that accepts Bitcoin such as in several large companies and also in shops whose owners really like Bitcoin. It can also be brought into trading on the exchange that we like and can also be stored as an investment asset because it is also very good to do, but considering the value and number of Bitcoins which are very limited, of course storing more after buying on the market will be much better than using it to buy other goods or trading it with other pairs on the exchange.

There is no denying that the use of bitcoin by businesses is by those owners who are more intelligent and capable of accepting new payment technologies, but above all accepting btc makes them one step above the rest, because they are people who understand that even if the price goes down they have the conviction of getting more btc to be able to accumulate and that is very good, everything that has to do with the acceptance and globalization of btc buying products, goods and services is only the best that can be done.

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Today at 06:49:17 AM
 #1707

The road to $100K may be littered with corrections and doubt, but I don’t think there are too many of us who don’t believe we will reach it.

Like many people have already lost confidence in the price of bitcoin hitting $100k forgetting to know that market volatility can project the price to hit $100k or close to it. doubt is also one of the things that affects investors believes especially when the price is experiencing a slow upwards movement and since a lot of people were expecting the price to cross pass the ATH of $73k before now and it wasn't achieved so those are the things that made many start having doubt of the price reaching $100k.
Indeed, it appears that the majority of investors are now questioning this prospects of this digital asset getting to $100k, even after expectations to cross the past all-time high of $73k. This sort of trading can leave the investors feeling unsure because the crypto market is highly unpredictable most of the time, particularly when the rates seem sluggish or fail to meet expectations. This uncertainty is even more so, when there are often drastic changes, for example, with constant rises and steep falls, which ultimately erode confidence in the long term.

But it still remains critical to remember that this is also an upside – and that volatility is a core feature of what the business can offer at any given time. The crypto-markets are very volatile, and whereas the current trend of price may not yield desired results, the probability of the price of Bitcoin,in the future, attaining a higher peak, exists. To be specific, investors have to keep their heads down, down to earth because the stock market does not act exactly as investors want it in the short run.
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Today at 06:57:53 AM
 #1708

Will Bitcoin hit $100k this year? Answer: I can't tell for sure.

What should I do now? Answer: accumulate as much as you can and hold.

Is it going to worth it? Answer: if it exist then I am 100 percent sure that is gonna worth it.

Do you believe in Bitcoin? Answer: I trust Bitcoin.

Which method should I use as a newbie? Answer: we have; lump sum, Buy Dip and DCA method but I think DCA will be convenient for you.

Do I need to be checking the market? Answer: if it won't discourage you, no problem

What should I do after investing? Answer: have patient, be discipline, be consistent with your strategy, keep emergency fund and then success await you
Good luck.


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Today at 09:52:31 AM
 #1709

The road to $100K may be littered with corrections and doubt, but I don’t think there are too many of us who don’t believe we will reach it.

Like many people have already lost confidence in the price of bitcoin hitting $100k forgetting to know that market volatility can project the price to hit $100k or close to it. doubt is also one of the things that affects investors believes especially when the price is experiencing a slow upwards movement and since a lot of people were expecting the price to cross pass the ATH of $73k before now and it wasn't achieved so those are the things that made many start having doubt of the price reaching $100k.

For me the fire is still burning, Grin Where`s the fun if there is no up and down movement before the main surging of prices . I still have strong confidence that bitcoin going to surge to the price range of $100k , and even more than that .that is why folks have to keep their accumulation and holding going, especially focusing on accumulating more than sat down waiting for the price to surge (those that haven`t gotten far in their accumulation) .

I don't care much about the price if it goes up or down since what's important for me is the long term growth of bitcoin. I accumulate whatever the price showing and I don't entertain any disturbance of the market. If you always care about the price for sure that you will get bother by some downfalls that you didn't expect to happen. Many of us are positive that price would reach to $100k and expected that bitcoin would provably reach that far. The question is when no one knows on when this time would able to came and before this event will happen its good that should pay more attention on our accumulation rather than entertaining any unnecessary remarks that will just bother us.

R


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