Road to 100k?

[MainIbem]

Bitcoin is a currency with a lot of potential. Yes I agree with you,  Bitcoin will grow at least 10x-20x in the next 10-20 years. Because if we research Bitcoin deeply and look at the research of major Bitcoin experts, we can understand very well that how likely Bitcoin is going to be in the coming days, we are going to see a strong bull market in the coming next year where it is expected that Bitcoin In the next bull run it will cross 100K at least and there is a possibility of it going up to 120K. So I also think that, if As-Soon-As thinks that Bitcoin will only cross 150K in the next 10-20 years, then As-Soon-As has no idea about Bitcoin, I believe that Bitcoin will cross $1M to $1.5M at least in the next 10 to 15 years.

Bitcoin has lots of potential, that's agreeable and that's why different people who believe in it speculates different prices, I've seen speculations of 100k before next year, I've also come across speculations of 200k by next year from Crypto new channels on the media but all those are mere speculations and none is right until it happens. However, I still stand on the ground that the 80 to 100k mark in the next bull season is a possibility and more realistic compared to 200k and above. I so much believe in Bitcoin, infact seeing it reach different all time highs in different circles is enough for anyone to believe in it but what I'm not very sure of is your speculations of Bitcoin getting to $1m in 10 to 20 years from now, I find that figure very unrealistic because Bitcoin was created in (2009) which is about 15 years before now and since then, it's not even reach 80k yet not to talk of 100k. If you had said about 500k in the next 10 to 20 years maybe I would've been convinced but then I doubt if Bitcoin would reach the figures you're speculating at that point in time.

[Salahmu]

We should wait for at least two halvings to invest in Bitcoin, so if one invests in DCA method, his investment will definitely be bigger. And if someone else wants to invest more, he can certainly make his investment bigger by staying longer, so using the DCA method at any stage is possible to get the most success. 
I've been following the DCA method in Bitcoin for about three months, based on my long-term thinking. Because I am very happy with the current period and my investment has accumulated enough money, so I will keep my investment long-term until it halves. Because until my bitcoin price target is 150k plus I will accumulate investment in bitcoin by DCA method.

You are actually the one that has been talking about holding your investment for two halving, while turn around again to say that your target is when Bitcoin price gets to $150k for you to sell, are you a kind of confused on the pattern of investment you are actually using? or the number of years you intend to hold? Because I don't no the particular one we should believe because you are already joining holding for two halving season with the target of Bitcoin price reaching $150k.

However if you really mean to hold Bitcoin for two halving season which should be roughly an estimation of 8 years you shouldn't talk about the price reaching any level to be your target because already the 8 years is a long period and we would always have a good belief that before that time Bitcoin will grow more further higher, so you shouldn't sell your investment because of that price because by the end of that 8 years you could be more profitable than even the $150k you are referring to.

[Ambatman]

What you wrote here is very confusing, but If am actually getting you right here, you are saying that your Bitcoin price target is 150k, the price you are willing to sell,  so I want to ask, do you think 150k is the peak price of Bitcoin?
Because it's baffles me that you think so myopic on Bitcoin, you were talking of holding Bitcoin for a long period of time, and you think that the highest Bitcoin can go in like 10 to 20 years time from now is 150k?

Bro if that's how you see Bitcoin then to be frank here, you knows nothing about Bitcoin and the potential it has, because Bitcoin has the capacity of doing 10x to 20x in like 10 to 20 years time from now due to it high potential.

I think he meant that's when he would stop accumulating via DCA and just HODL.
I understand that it has such potential to get 20x in 20 years  but we live in a world with lots of variables
Anything can happen.
Potential isn't the only thing that's needed to grow.

we are going to see a strong bull market in the coming next year where it is expected that Bitcoin In the next bull run it will cross 100K at least and there is a possibility of it going up to 120K.

We Already in a bull market for a couple of years now and it's not impossible to cross the 6 digit mark this year.

[I_Anime]

To me, it seems like it is going to be difficult for you to persuade me that trading is better than strictly buying, and even if you are able to show it in your case, it is going to be difficult to show how you really are going to make your approach to be applicable to others, if it were to be more profitable than a more strict DCA buying approach to accumulating BTC

Bitcoin accumulation with DCAing method is better than trading , I'm speaking base on experience, though trading ain't bad especially for those who are skilled are fully understand the system of trading and stuff.  But back then when I was trading , it was really challenging, though I won't say I have much knowledge about it , I will say I was average in it ( half-size knowledge) . But still it was very challenging, making losses and profits , but got to a point  my losses started overwhelming my profits.

But when I started bitcoin accumulation, I wasn't even avarage when it comes to the knowledge aspect, I was kinda like a newbie in it with only the basic knowledge, but I was still able to keep up with the pace , investing in bitcoin using DCAing method and I was able to see sone nice results that kept on encouraging me to keep going . Which means that bitcoin investment is open for anyone, aslong you have interest in it , while trading in the other hand might not be for every one , because is not everyone that would have the chance or time to sit down and  start learning about trading , because in order for one to be successful in trading one need to take he or her time to gather good knowledge about trading before they are good to go .

Bitcoin has lots of potential, that's agreeable and that's why different people who believe in it speculates different prices, I've seen speculations of 100k before next year, I've also come across speculations of 200k by next year from Crypto new channels on the media but all those are mere speculations and none is right until it happens. However, I still stand on the ground that the 80 to 100k mark in the next bull season is a possibility and more realistic compared to 200k and above. I so much believe in Bitcoin, infact seeing it reach different all time highs in different circles is enough for anyone to believe in it but what I'm not very sure of is your speculations of Bitcoin getting to $1m in 10 to 20 years from now, I find that figure very unrealistic because Bitcoin was created in (2009) which is about 15 years before now and since then, it's not even reach 80k yet not to talk of 100k. If you had said about 500k in the next 10 to 20 years maybe I would've been convinced but then I doubt if Bitcoin would reach the figures you're speculating at that point in time.

There's a reason why is called the first digital assets, yeah bitcoin is feel with nice potential and those who are investing on it are aware of that , though most of this prices listed by you are just speculation, folks still believe bitcoin will surely reach that price range , though we might not know the exact time but there's still chance of bitcoin hitting that range soon .

[JayJuanGee]

Not only newbie, but what I want to let you know is that theirs some people whose investment in bitcoin is long-term investment and theirs some investment is short-term investment, so probably those ones their aim is short-term investment do concentrate on profit of that moment, they don't think of the future market of Bitcoin determination, what I really wants us to understand is that bitcoin investment is directly meant or invest due to your obligations towards the investment, the thing is that anyone who have in mind to accumulate bitcoin will allow it to last or stay for period of some years.

I respect all types of investors, but at this point I think it is better not to be a short-term investor, but rather to be a market speculator and trade on the rise or fall of BTC, with the idea of ​​​​getting something out of the market, for me an investor has to go long term, something similar to how investments are made in the stock market, which is long term, but that long term is 8-10 years, in BTC it is calculated that it is every 4 years that a good advance and bullish trend occurs, although it is not necessary, many wait for this cycle of every 4 years to see if the movement occurs.

We should wait for at least two halvings to invest in Bitcoin, so if one invests in DCA method, his investment will definitely be bigger. And if someone else wants to invest more, he can certainly make his investment bigger by staying longer, so using the DCA method at any stage is possible to get the most success. 
I've been following the DCA method in Bitcoin for about three months, based on my long-term thinking. Because I am very happy with the current period and my investment has accumulated enough money, so I will keep my investment long-term until it halves. Because until my bitcoin price target is 150k plus I will accumulate investment in bitcoin by DCA method.

There's no strategy one will use that won't give them success in their investment if they hold for a long period of time. You said you started investment using the DCA method about 3 months now and the way you emphasizing about halving is somehow weird to me and you said you will keep your Bitcoin investment until it halves so if I may ask, what if it happens that Bitcoin halving occurs today are going to sell off your investment?

I am not going to claim to know exactly what As-Soon-As meant by investing in bitcoin for at least two halvenings, yet it seems to me that he was referring to keeping on investing into bitcoin for two whole cycles... which we presume each cycle to be 4 years, and so if he is going to keep investing into bitcoin for at least two halvenings that seems to be a reference to at least 8 years.

Sure people can have flexibility in their investment timeline because sometimes our circumstances will change over something like 8 years, yet it still seems to be a good idea to attempt to establish some kinds of investment timeline parameters, even if there might end up developing some reasons for tweaking the plan at various points over the years..

You, sotelorene, seem to be referring to halving as if it were a halvening of the BTC price, which seems that you still have not even learned some of the basic terminologies in bitcoin.. in which we have halvenings about every 4 years and/or every 210,000 blocks, and so we have had 4 halvenings in bitcoin so far, which is one of the interesting miracle and perhaps genius particulars of bitcoin.

Or are you going to keep accumulating and holding?. I keep wondering how much you have been using to accumulate for about 3 months now that have given you enough money as profit and you are begining to sound like a short term holder even though you said you have a long term thinking. Note: after halving doesn't guarantee 100 percent price increase it's just speculation so don't get it twisted.

Nothing in bitcoin guarantees BTC's price to increase, but the halvening of the issuance of bitcoin's new supply by half every 4 years does seem to put some upwardly price pressures on bitcoin, and surely maybe this time is different, yet I have my doubts.  We have had 3 previous halvenings in bitcoin and the BTC price did end up going up after each of the halvenings, and even this time we had BTC prices reaching ATHs prior to the halvening, but still that does not likely take away from actual physically fewer (half as many) bitcoin being issued for these next 4 years and we are still within the first 6 months after the halvening has already taken place... so the ongoing less issuance of new supply could well still be having an effect on the price to ongoingly put additional upwards price pressures on it within the laws of supply and demand in which if the supply is half yet the demand is equal and maybe even increasing, then it is hard to imagine why there wouldn't be continued upward price pressures on the BTC price based on such halvening of the new supply issuance..

[sotelorene]

Bitcoin is a currency with a lot of potential. Yes I agree with you,  Bitcoin will grow at least 10x-20x in the next 10-20 years. Because if we research Bitcoin deeply and look at the research of major Bitcoin experts, we can understand very well that how likely Bitcoin is going to be in the coming days, we are going to see a strong bull market in the coming next year where it is expected that Bitcoin In the next bull run it will cross 100K at least and there is a possibility of it going up to 120K. So I also think that, if As-Soon-As thinks that Bitcoin will only cross 150K in the next 10-20 years, then As-Soon-As has no idea about Bitcoin, I believe that Bitcoin will cross $1M to $1.5M at least in the next 10 to 15 years.

Bitcoin has lots of potential, that's agreeable and that's why different people who believe in it speculates different prices, I've seen speculations of 100k before next year, I've also come across speculations of 200k by next year from Crypto new channels on the media but all those are mere speculations and none is right until it happens. However, I still stand on the ground that the 80 to 100k mark in the next bull season is a possibility and more realistic compared to 200k and above. I so much believe in Bitcoin, infact seeing it reach different all time highs in different circles is enough for anyone to believe in it but what I'm not very sure of is your speculations of Bitcoin getting to $1m in 10 to 20 years from now, I find that figure very unrealistic because Bitcoin was created in (2009) which is about 15 years before now and since then, it's not even reach 80k yet not to talk of 100k. If you had said about 500k in the next 10 to 20 years maybe I would've been convinced but then I doubt if Bitcoin would reach the figures you're speculating at that point in time.

The fact that Bitcoin has a sequence or will I say a pattern in which it moves doesn't mean it can not get to that speculation and I guess you are judging Bitcoin based on the past performance and the year it come into existence which is partially right and partially wrong. I want to let you know that a lot of things has changed even though I may not be able to mention it, you will agree with me that how things was 6-10 years back is not the same  anymore  that is to say that anything is possible because the asset we are talking about is very volatile, it volatility is what we can not imagine or tell and please don't get me wrong I'm not saying it can not get to the given speculation neither am I saying it will get to the... But I'm saying that anything is possible.

[martinex]

The fact that Bitcoin has a sequence or will I say a pattern in which it moves doesn't mean it can not get to that speculation and I guess you are judging Bitcoin based on the past performance and the year it come into existence which is partially right and partially wrong. I want to let you know that a lot of things has changed even though I may not be able to mention it, you will agree with me that how things was 6-10 years back is not the same  anymore  that is to say that anything is possible because the asset we are talking about is very volatile, it volatility is what we can not imagine or tell and please don't get me wrong I'm not saying it can not get to the given speculation neither am I saying it will get to the... But I'm saying that anything is possible.

Well, this is very interesting, but I see the current situation of BTC's condition is quite good now. What caught my attention some time ago during the correction, there were still those who said BTC was not the best choice to invest in and still said that gold was the strongest at that time. So, I could only smile reading it. But, whatever happens in the future, until now I still believe in the potential and growth of BTC.

[Just Say]

Well, this is very interesting, but I see the current situation of BTC's condition is quite good now. What caught my attention some time ago during the correction, there were still those who said BTC was not the best choice to invest in and still said that gold was the strongest at that time. So, I could only smile reading it. But, whatever happens in the future, until now I still believe in the potential and growth of BTC.

People who said bitcoin is not the best choice for investment are the most stupid and naive in my view. They probably don't even have the slightest knowledge of Bitcoin for which they make such inconsiderate comments. To those of you who have heard this, you should have mentioned that you look at Bitcoin price history. How low was the price of bitcoin in the beginning and how many times has the price of bitcoin increased in the present time. A proper review of Bitcoin's price history may prevent that person from commenting that Bitcoin is not the best investment choice.

[ChocolateBitcoinK]

Well, this is very interesting, but I see the current situation of BTC's condition is quite good now. What caught my attention some time ago during the correction, there were still those who said BTC was not the best choice to invest in and still said that gold was the strongest at that time. So, I could only smile reading it. But, whatever happens in the future, until now I still believe in the potential and growth of BTC.

People who said bitcoin is not the best choice for investment are the most stupid and naive in my view. They probably don't even have the slightest knowledge of Bitcoin for which they make such inconsiderate comments. To those of you who have heard this, you should have mentioned that you look at Bitcoin price history. How low was the price of bitcoin in the beginning and how many times has the price of bitcoin increased in the present time. A proper review of Bitcoin's price history may prevent that person from commenting that Bitcoin is not the best investment choice.

Bitcoin is always the best currency, in fact those who say Bitcoin is bad are basically idiots, they don't know about the potential of Bitcoin, they don't know the history of Bitcoin and they have no knowledge about the potential of Bitcoin. Bitcoin started from zero but today it has become a powerful means of Bitcoin investment for millions of people and the demand and popularity of Bitcoin is constantly increasing. Those who do not consider Bitcoin as the best choice for investment should try to learn more about Bitcoin's history and future prospects. If they do a proper research on the history and future of Bitcoin, they will have a proper understanding of Bitcoin and understand its potential.

[khiholangkang]

Well, this is very interesting, but I see the current situation of BTC's condition is quite good now. What caught my attention some time ago during the correction, there were still those who said BTC was not the best choice to invest in and still said that gold was the strongest at that time. So, I could only smile reading it. But, whatever happens in the future, until now I still believe in the potential and growth of BTC.

People who said bitcoin is not the best choice for investment are the most stupid and naive in my view. They probably don't even have the slightest knowledge of Bitcoin for which they make such inconsiderate comments. To those of you who have heard this, you should have mentioned that you look at Bitcoin price history. How low was the price of bitcoin in the beginning and how many times has the price of bitcoin increased in the present time. A proper review of Bitcoin's price history may prevent that person from commenting that Bitcoin is not the best investment choice.

You must understand that most of the generations that oppose Bitcoin are from generation X down and indeed in their way of life gold is something valuable and can make you rich in ancient times if you hold it until now, and that is what convinces them, but if we see that gold is no longer interesting in providing significant benefits in a matter of 4 years unlike bitcoin.
After that generation is wiped off the face of the earth there will be fewer who oppose bitcoin for one of the assets that must be purchased as a pension fund, as the Japanese government plans to do.
So for those of us who already know and realize the importance of bitcoin and how bitcoin can change our lives, then accumulate slowly until we feel enough to have it to hold in the long run, especially since the price is still below $100k.

As a suggestion, there is no need to respond to people who do not know what we are buying.

[Nheer]

Well, this is very interesting, but I see the current situation of BTC's condition is quite good now. What caught my attention some time ago during the correction, there were still those who said BTC was not the best choice to invest in and still said that gold was the strongest at that time. So, I could only smile reading it. But, whatever happens in the future, until now I still believe in the potential and growth of BTC.

Those who don’t believe in bitcoin don’t know what they are missing out on but then there is no forcing anyone to invest in it so it’s their loss not ours. Bitcoin still has the potential to rise even higher and cross the 100k mark but all it needs is time and patience and people need to start understanding this. Some might prefer investing in Gold to Btc because it’s their choice and we all have different preferences so it’s up to them to make decisions but i know soon they will realize what they are missing out on.

A proper review of Bitcoin's price history may prevent that person from commenting that Bitcoin is not the best investment choice.

Of course a glance on bitcoin’s price history could convince them and make them know that bitcoin has lots of potential and even after experiencing huge crashes it was able to regain its value and reach greater heights. Despite coming this far it is still predicted to surpass its current peak that’s how big and powerful bitcoin is.

[avp2306]

Or are you going to keep accumulating and holding?. I keep wondering how much you have been using to accumulate for about 3 months now that have given you enough money as profit and you are begining to sound like a short term holder even though you said you have a long term thinking. Note: after halving doesn't guarantee 100 percent price increase it's just speculation so don't get it twisted.

Nothing in bitcoin guarantees BTC's price to increase, but the halvening of the issuance of bitcoin's new supply by half every 4 years does seem to put some upwardly price pressures on bitcoin, and surely maybe this time is different, yet I have my doubts.  We have had 3 previous halvenings in bitcoin and the BTC price did end up going up after each of the halvenings, and even this time we had BTC prices reaching ATHs prior to the halvening, but still that does not likely take away from actual physically fewer (half as many) bitcoin being issued for these next 4 years and we are still within the first 6 months after the halvening has already taken place... so the ongoing less issuance of new supply could well still be having an effect on the price to ongoingly put additional upwards price pressures on it within the laws of supply and demand in which if the supply is half yet the demand is equal and maybe even increasing, then it is hard to imagine why there wouldn't be continued upward price pressures on the BTC price based on such halvening of the new supply issuance..

Agree, there's no guarantee with bitcoin in terms of gaining profit. Since if someone claim that they could give you a sure profits with bitcoin then ask you to go with them, start to doubt with that since provably they have bad intentions with you.

But compare with bitcoin we have certain good chance to earn since if we based on past events those halving events really brought up great figures,demand and good exposure to bitcoin so for sure same with same like future events(halving) there would be more future great price insight to come which provably could give benefits to all holders.

What makes bitcoin good  is less supply and it have huge demand so we can really look forward for more pump with this coin.

[Out of mind]

Well, this is very interesting, but I see the current situation of BTC's condition is quite good now. What caught my attention some time ago during the correction, there were still those who said BTC was not the best choice to invest in and still said that gold was the strongest at that time. So, I could only smile reading it. But, whatever happens in the future, until now I still believe in the potential and growth of BTC.

People who said bitcoin is not the best choice for investment are the most stupid and naive in my view. They probably don't even have the slightest knowledge of Bitcoin for which they make such inconsiderate comments. To those of you who have heard this, you should have mentioned that you look at Bitcoin price history. How low was the price of bitcoin in the beginning and how many times has the price of bitcoin increased in the present time. A proper review of Bitcoin's price history may prevent that person from commenting that Bitcoin is not the best investment choice.

I think all the people who see something negative about Bitcoin don't believe that Bitcoin is a great value milestone. But those who don't believe in Bitcoin are mostly the old-timers who have always liked and believed in fiat currencies. But in present era every person believes in bitcoin, and they are investing in bitcoin constantly and what we see the change in price of bitcoin will make it more valuable in future. This, of course, will not be well understood by bullies who only believe in fiat, but a knowledgeable person will understand Bitcoin. Those who have very little spiritual knowledge never expect anything good about bitcoin, but those who are wise and experienced see the future and past of bitcoin and are interested in investing in it. However, nowadays most of us people know that Bitcoin is the best investment project where Bitcoin is constantly gaining a place in people's mind.

[cryptoWODL]

I think all the people who see something negative about Bitcoin don't believe that Bitcoin is a great value milestone. But those who don't believe in Bitcoin are mostly the old-timers who have always liked and believed in fiat currencies. But in present era every person believes in bitcoin, and they are investing in bitcoin constantly and what we see the change in price of bitcoin will make it more valuable in future. This, of course, will not be well understood by bullies who only believe in fiat, but a knowledgeable person will understand Bitcoin. Those who have very little spiritual knowledge never expect anything good about bitcoin, but those who are wise and experienced see the future and past of bitcoin and are interested in investing in it. However, nowadays most of us people know that Bitcoin is the best investment project where Bitcoin is constantly gaining a place in people's mind.

Those who have little knowledge of cryptocurrency will always consider Bitcoin investment positively. Some people are still immersed in investing in shitcoins or altcoins I think they are still in the dark. They want to get rich overnight by investing in these currencies, so they don't want to accept Bitcoin as the best investment, which is their biggest mistake. But if they invest in Bitcoin instead of investing in those coins and have little knowledge about Bitcoin then they will be most interested in investing in Bitcoin because this coin has the most potential.

If a person observes how the price of Bitcoin has skyrocketed since its creation, then he will never consider the negative aspects of Bitcoin investment. Those who think that Bitcoin is not yet the best investment should basically visit this link to see the history of Bitcoin price growth, So that they can clearly understand about the Bitcoin price increase.

Bitcoin price History 2009 to 2024

[Miles2006]

I think all the people who see something negative about Bitcoin don't believe that Bitcoin is a great value milestone. But those who don't believe in Bitcoin are mostly the old-timers who have always liked and believed in fiat currencies. But in present era every person believes in bitcoin, and they are investing in bitcoin constantly and what we see the change in price of bitcoin will make it more valuable in future. This, of course, will not be well understood by bullies who only believe in fiat, but a knowledgeable person will understand Bitcoin. Those who have very little spiritual knowledge never expect anything good about bitcoin, but those who are wise and experienced see the future and past of bitcoin and are interested in investing in it. However, nowadays most of us people know that Bitcoin is the best investment project where Bitcoin is constantly gaining a place in people's mind.

Those who have little knowledge of cryptocurrency will always consider Bitcoin investment positively. Some people are still immersed in investing in shitcoins or altcoins I think they are still in the dark. They want to get rich overnight by investing in these currencies, so they don't want to accept Bitcoin as the best investment, which is their biggest mistake. But if they invest in Bitcoin instead of investing in those coins and have little knowledge about Bitcoin then they will be most interested in investing in Bitcoin because this coin has the most potential.

If a person observes how the price of Bitcoin has skyrocketed since its creation, then he will never consider the negative aspects of Bitcoin investment. Those who think that Bitcoin is not yet the best investment should basically visit this link to see the history of Bitcoin price growth, So that they can clearly understand about the Bitcoin price increase.

Bitcoin price History 2009 to 2024

Bitcoin is worth the hype besides bitcoin investment is recorded as one of the best investment. I don’t see any need comparing the price like if a newbie wants to learn about bitcoin as a future investment my first thought will be on basis knowledge, I’m not saying observing the price range is bad or watching how bitcoin growth happened rather I don’t think a newbie will be able to understand the market at the moment.
Bitcoin started so low I even wonder how early investors got to see the light about bitcoin during that time and it shows more encouragement for everyone doubting bitcoin potential. There’s no quick profit in bitcoin investment so why do people mistake this, I have not seen anyone talk bad about bitcoin but the proper way to convince such person is buy creating a good investment knowledge about bitcoin.

[Sim_card]

Well, this is very interesting, but I see the current situation of BTC's condition is quite good now. What caught my attention some time ago during the correction, there were still those who said BTC was not the best choice to invest in and still said that gold was the strongest at that time. So, I could only smile reading it. But, whatever happens in the future, until now I still believe in the potential and growth of BTC.

People who said bitcoin is not the best choice for investment are the most stupid and naive in my view. They probably don't even have the slightest knowledge of Bitcoin for which they make such inconsiderate comments. To those of you who have heard this, you should have mentioned that you look at Bitcoin price history. How low was the price of bitcoin in the beginning and how many times has the price of bitcoin increased in the present time. A proper review of Bitcoin's price history may prevent that person from commenting that Bitcoin is not the best investment choice.

Bitcoin is always the best currency, in fact those who say Bitcoin is bad are basically idiots, they don't know about the potential of Bitcoin, they don't know the history of Bitcoin and they have no knowledge about the potential of Bitcoin. Bitcoin started from zero but today it has become a powerful means of Bitcoin investment for millions of people and the demand and popularity of Bitcoin is constantly increasing. Those who do not consider Bitcoin as the best choice for investment should try to learn more about Bitcoin's history and future prospects. If they do a proper research on the history and future of Bitcoin, they will have a proper understanding of Bitcoin and understand its potential.

Majority of people don't believe in bitcoin because they are used to the traditional way of investing and they don't want to try something new. If you check out the population of the world, you will see that only few people understands bitcoin potential and took advantage of the opportunity to invest in bitcoin for the future because they believe that bitcoin is an investment worth throwing some value into.

The government have also played a major role of discouraging their citizens from investing in bitcoin by spreading FUD through social media to scare people away from bitcoin and some people decided not to invest in bitcoin to obey their government. Many rich people that are suppose to take advantage of bitcoin and use it to multiply their wealth in future don't care about investing due to ignorant because they made their wealth in a traditional way.

It's only the poor and the average who believe in bitcoin and are not opportune to make money through traditional way due to lack of capital that have seen bitcoin as the best bet to transit their finacial level to a high one in future by investing in bitcoin through DCA with their discretinary income constantly to increase their bitcoin portfoio overtime so that in future, they can benefit from their bitcoin investment as back up.

Who knows a time will come when bitcoin investors with good portfolio size might outsmart the rich who inveted only in tradition investment in wealth because of the price of itcoin at that time. A lot of people that did not invest in bitcoin now will regret it in future when bitcoin price will be very expensive to buy just as those who didn't buy bitcoin when the price range was $100-$1000 are regretting currently.

[DubemIfedigbo001]

But when I started bitcoin accumulation, I wasn't even avarage when it comes to the knowledge aspect, I was kinda like a newbie in it with only the basic knowledge, but I was still able to keep up with the pace , investing in bitcoin using DCAing method and I was able to see sone nice results that kept on encouraging me to keep going . Which means that bitcoin investment is open for anyone, as long you have interest in it , while trading in the other hand might not be for every one , because is not everyone that would have the chance or time to sit down and  start learning about trading , because in order for one to be successful in trading one need to take he or her time to gather good knowledge about trading before they are good to go .

The beauty of bitcoin accumulation is that you get to focus on whatever else you have doing and only return at periodic intervals to do you purchases and continue holding. Such leverage is not enjoyed at all in trading as it tends to distract you from other engagements and also fetch you some real emotional imbalance from the possibilities of serious losses being incurred in the process. Some traders still fall into the trap of honeypot scams and loose their hard-earned capitals to assumed trading opportunities in shitcoins promoted mostly on DEX. All these stresses can be escaped simply by accumulating bitcoin with dedication.

Well, this is very interesting, but I see the current situation of BTC's condition is quite good now. What caught my attention some time ago during the correction, there were still those who said BTC was not the best choice to invest in and still said that gold was the strongest at that time. So, I could only smile reading it. But, whatever happens in the future, until now I still believe in the potential and growth of BTC.

People who said bitcoin is not the best choice for investment are the most stupid and naive in my view. They probably don't even have the slightest knowledge of Bitcoin for which they make such inconsiderate comments. To those of you who have heard this, you should have mentioned that you look at Bitcoin price history. How low was the price of bitcoin in the beginning and how many times has the price of bitcoin increased in the present time. A proper review of Bitcoin's price history may prevent that person from commenting that Bitcoin is not the best investment choice.

Bitcoin investment might arguably not be the best investment in the world, but it is surely a good one, and its accumulation is held greatly in preference to some concerns which is mostly shitcoins investment, trading, government interference and hoarding fiat. Other people might have their conviction in investing in real Estates or even Agriculture which is still profitable too. When I have discussions with friends who have different investment mindsets, I simply ask them if they have money set aside for savings and they do not intend using anytime soon and does not affect their living activities. when they respond in affirmation, I introduce accumulating bitcoin another way to help them save their spare money for a longer period of time instead of just hoarding it in the banks and we are good. I don't convince them to stop their own investments, I only let them see bitcoin as a way of preserving their funds from devaluation, investing spare funds and in turn getting good profits in the long run.

[Marvelockg]

Agree, there's no guarantee with bitcoin in terms of gaining profit. Since if someone claim that they could give you a sure profits with bitcoin then ask you to go with them, start to doubt with that since provably they have bad intentions with you.

I presume that your ascertion that there's no guarantee with Bitcoin investment in terms of making profit is just a function of trying not to become too ambitious with what you're expecting from your Bitcoin investment. Even though there might not be 100% guarantee in Bitcoin investment (which is similar to all the other investment choices), there's still at least an 80% guarantee that Bitcoin is a good store of value and that if you buy Bitcoin and HODL it for the long term at this current price, you will be in profit. I wouldn't advice anyone to go all out trying to convince people to invest in Bitcoin with promises of getting massive returns from it but at a set out date but for the long run and using the DCA methord, I can comfortably talk anyone into investing as long as I'm certain the person has a long term intention in view.

What makes bitcoin good  is less supply and it have huge demand so we can really look forward for more pump with this coin.

Bitcoin is not like the coin out there that just pumps because of some random hype that comes about due to seasonal demand. The demand for Bitcoin has been at an high rate right from the past and till date, Bitcoin is still in high demand and in addition to that, Bitcoin also has a lot of added quality apart from demand and it limited number in circulation which is what has helped it to remain dorminant throughout all these years it has stayed. Of course when you add all the uniqueness that comes with Bitcoin, you just know why it stands out and shouldn't for any reason by compaired to all the coin in circulation.

[SuperBitMan]

I think all the people who see something negative about Bitcoin don't believe that Bitcoin is a great value milestone. But those who don't believe in Bitcoin are mostly the old-timers who have always liked and believed in fiat currencies. But in present era every person believes in bitcoin, and they are investing in bitcoin constantly and what we see the change in price of bitcoin will make it more valuable in future. This, of course, will not be well understood by bullies who only believe in fiat, but a knowledgeable person will understand Bitcoin. Those who have very little spiritual knowledge never expect anything good about bitcoin, but those who are wise and experienced see the future and past of bitcoin and are interested in investing in it. However, nowadays most of us people know that Bitcoin is the best investment project where Bitcoin is constantly gaining a place in people's mind.

Those who have little knowledge of cryptocurrency will always consider Bitcoin investment positively. Some people are still immersed in investing in shitcoins or altcoins I think they are still in the dark. They want to get rich overnight by investing in these currencies, so they don't want to accept Bitcoin as the best investment, which is their biggest mistake. But if they invest in Bitcoin instead of investing in those coins and have little knowledge about Bitcoin then they will be most interested in investing in Bitcoin because this coin has the most potential.

If a person observes how the price of Bitcoin has skyrocketed since its creation, then he will never consider the negative aspects of Bitcoin investment. Those who think that Bitcoin is not yet the best investment should basically visit this link to see the history of Bitcoin price growth, So that they can clearly understand about the Bitcoin price increase.

Bitcoin price History 2009 to 2024

Bitcoin is worth the hype besides bitcoin investment is recorded as one of the best investment. I don’t see any need comparing the price like if a newbie wants to learn about bitcoin as a future investment my first thought will be on basis knowledge, I’m not saying observing the price range is bad or watching how bitcoin growth happened rather I don’t think a newbie will be able to understand the market at the moment.
Bitcoin started so low I even wonder how early investors got to see the light about bitcoin during that time and it shows more encouragement for everyone doubting bitcoin potential. There’s no quick profit in bitcoin investment so why do people mistake this, I have not seen anyone talk bad about bitcoin but the proper way to convince such person is buy creating a good investment knowledge about bitcoin.

When we talk about a newbie starting Bitcoin investment the best thing he or she should know is about the value of Bitcoin when a newbie knows the value of Bitcoin it will help him or her know exactly how long he or she wants to keep holding.
Knowing the value of what you are about to invest into should be the most important thing a newbie should know do if a newbie start Bitcoin investment without knowing it's true value he or she will regret his or her later actions for example I met someone who told me that when he started Bitcoin investment he didn't know how valuable Bitcoin was he only understood some aspect of Bitcoin and he said not understanding the value Bitcoin is one of his biggest regret that he sold his Bitcoin too early.

[Justbillywitt]

Bitcoin is a currency with a lot of potential. Yes I agree with you,  Bitcoin will grow at least 10x-20x in the next 10-20 years. Because if we research Bitcoin deeply and look at the research of major Bitcoin experts, we can understand very well that how likely Bitcoin is going to be in the coming days, we are going to see a strong bull market in the coming next year where it is expected that Bitcoin In the next bull run it will cross 100K at least and there is a possibility of it going up to 120K. So I also think that, if As-Soon-As thinks that Bitcoin will only cross 150K in the next 10-20 years, then As-Soon-As has no idea about Bitcoin, I believe that Bitcoin will cross $1M to $1.5M at least in the next 10 to 15 years.

Bitcoin has lots of potential, that's agreeable and that's why different people who believe in it speculates different prices, I've seen speculations of 100k before next year, I've also come across speculations of 200k by next year from Crypto new channels on the media but all those are mere speculations and none is right until it happens. However, I still stand on the ground that the 80 to 100k mark in the next bull season is a possibility and more realistic compared to 200k and above. I so much believe in Bitcoin, infact seeing it reach different all time highs in different circles is enough for anyone to believe in it but what I'm not very sure of is your speculations of Bitcoin getting to $1m in 10 to 20 years from now, I find that figure very unrealistic because Bitcoin was created in (2009) which is about 15 years before now and since then, it's not even reach 80k yet not to talk of 100k. If you had said about 500k in the next 10 to 20 years maybe I would've been convinced but then I doubt if Bitcoin would reach the figures you're speculating at that point in time.

Well all I can say is that let's not use the present happenings around bitcoin and limit our judgement regarding bitcoin. Most times bitcoin acts in a way that our logic cannot define. As far as I'm concerned any price is obtainable in bitcoin. Bitcoin was listed below $1 when it was first traded on exchange, but today here we are. In that era if someone had told you that bitcoin will get to this price that it is today, back in 2009, I believe your answer then would have been similar to what you are saying now. The future we don't see we find it difficult to believe because of the limitations we have created in our minds. Even if someone tells me today that bitcoin will get to $2m before the end of next year, I will believe it.

I don't have any reason whatsoever to doubt it. The only thing I know I can do for myself is to position myself very well so that I don't miss out. All I have to do is accumulate and hold my bitcoin so that if that price eventually happens it will benefit me as. Ever since I saw what bitcoin did in 2021 price surge, I have vowed never to place limitations on the price of bitcoin. Whatever price that is being speculated, I always accept it and look forward to it happening. Let's always remember that there will forever be 21 million or less bitcoin in circulation!!