Road to 100k?

[liuka]

I think people should start seeing the phrase that one should invest what one can be able to lose as old fashioned which doesn't portray bitcoin. Instead of that we should try to acquaint ourselves with this, one should invest money that you ain't gonna need for a long time, like 4 years and above. I find it difficult to still believe that any money invested in bitcoin can be lost totally, provided that the investor doesn't sell of his position when there is decline in the market. Let's see bitcoin as one of the greatest invention that has ever been known to humanity, and it has come to stay. Can you imagine the world now without automobile? The answer is no. But when automobile was invented people talked down at it, instead they were comparing it with horses, and many people believed that it will fade away someday.

But from that time till now it hasn't, instead it has become one of human most needed asset. So people who are still thinking that one should invest what one can be able to lose in bitcoin, because they are still not sure if bitcoin has come to stay or not are getting it wrong and they are missing  the chance of buying enough bitcoin at this cheap price with money they ain't gonna need for long time, because they don't want to invest more than they can afford to lose. Bitcoin will only go away if the internet goes away and imagine that kind of world without the internet.

I also wonder why some people always say to invest with money that you are ready to lose. In fact, if you look at the price of Bitcoin, it continues to rise and even returns a greater ROI than gold. People should see the facts about Bitcoin since it was launched until today that Bitcoin is very good to invest in so that they will no longer say to invest with money that you are ready to lose.

I think beginners should read this article where it is explained that Bitcoin has become an asset class that is worth holding because of its fairly good performance every year. In fact, Bitcoin has performed better in 8 of the last 11 years.

Source : https://www.vaneck.com/us/en/blogs/digital-assets/the-investment-case-for-bitcoin/

[JayJuanGee]

Even if someone tells me today that bitcoin will get to $2m before the end of next year, I will believe it.

Even though we don't doubt that bitcoin will increase in due time, we should also be more realistic to know that bitcoin can not just grow to $2m dollar In the space of 1 year. That would be a massive push of %millions. even as though it was just a speculation but it may not possible anytime soon.

Over exaggeration has been a reason why investors are getting in balance (less or no profits) while investing, they invest too much of what they have in anticipation of making massive profits due to some rumored or questionable speculations that is likely not to happen and this tends to put them at risk.

Any investor who is over investing more than his means is not a wise investor, because everyone who invests in bitcoin, be it for the short term or long term understand that before investing in bitcoin, there are certain things that's to be observed and one of it is, not investing more than certain percentage of your disposable income. So if there are any investors out there that's over investing more than he is supposed to invest,because of speculations made by people as him is not a wise investor, but an opportunist who is greedy and deserves whatever he gets at the end of the day. Even if such person gets into trouble I don't care.

 Because an investor should be wise enough to understand that speculations are just there to make people see the level at which other market players thinks bitcoin could be at that time frame. Those the people speculating never gave any guarantee that it would happen. So why would you go and over invest because of that, and blame it on others. If you are part of these sets of investors doing that, you have to refrain from such practice.

Perfectly said, this over investing is same or almost same thing as aggressive investment and just like you said, it has been advised not to invest aggressively because a situation where an investor has used up his or her reserve and emergency funds because of the quest to have more figure of Bitcoin in their holding can result to taking profit premature if at all there will be profit and any investor who does this automatically means he or she lacks management skill.

We might be arguing semantics, yet I doubt that over investing and aggressive investing are the same thing, and even you seem to recognize that there are limits that might be crossed to cause aggressiveness to become too much, such as depleting emergency funds.

I am going to presume that no one is going to want to get aggressive until he has established his emergency fund, yet also whether you have an emergency fund or not is NOT the only criteria for considering whether someone might be being just aggressive or overly aggressive.

For example if someone has an emergency fund of 3 months established, and he has an income of $2k per month and expenses of $1.5k, then he has right around $500 worth of discretionary income.  He could be aggressive by using 80% to 100% of his discretionary income for buying bitcoin, or maybe he will be whimpy and only invest 10% of his discretionary income into bitcoin.  These are not absolutes but are on a spectrum, and if he invests more than his discretionary income he might not be overdoing it as long as he has reserves and he is not dipping into his emergency fund, but still there are degrees of aggressiveness that might go overboard, and sometimes the guy won't even realize that he had gone overboard until he gets himself into a situation that might cause him to have to sell some of his bitcoin or to suffer a lot because he does not have enough reserve funds and/or emergency fund when he needs money that he had already used to invest into bitcoin.

Management skill is the ability of an investor not be drive or moved by the market Dip and mismanagement of investment in this context is a  function of greed ( wanting to hold more than you are not suppose to...), though it's not bad to take advantage when there's Dip but it should be within your control and capacity.

At least you seem to know the idea, and so in the end, each person has to figure out how to engage in a kind of balancing  of his finances and his psychology, and if he has better cashflow management skills, then he is going to have better psychology because of his putting himself in a better position, even if he might NOT be able to buy as many bitcoin as he would like to buy, he has to work within his own finances and psychology and hopefully not make mistakes that are irrecoverable.  We are all going to make mistakes, yet we also should want to ensure that 10-20 years or whatever might be our bitcoin investment timeline that we are still in the game and we do not end up without any bitcoin when we have had these opportunities right now to make sure that we accumulate as many as we are able to do without fucking it up by overdoing it or by under doing it.

I still have troubles suggesting to a business man to stop leveraging his skills and/or talents in building a business and invest into bitcoin.   Perhaps that the best we can attempt to do is to try to get those folks to hedge their bets a bit and to put some of their cashflow into bitcoin.

neither do I advise any body not to leverage on his skill and talent. I resonate with the school of thought that encourages people to work an get paid either by self employed or by salary work and invest on bitcoin. we all are saying thesame thing just that I wanted to trow more light in regards to the important of bitcoin and how small investment can increase a man coast in due time. we all know that bitcoin doesn't perform magic if not invested on. for that reason we can not neglect the fact that bitcoin can't  work on its own but depend on a force to act. just like a car that can't run without a petrol. the money generated from the difference kind of business will be used to fuel bitcoin just like a car, and the amount of petrol on it determines the distance the car can go.

Some businesses and skills are in better positions than others, and it is not always going to be clear the extent to which a person might have to invest into a business or invest into skills and talents that may well help him to generate way more money so he is in a better position to invest into bitcoin, so the answer is not always going to be clear about whether to put into bitcoin, how much to put into bitcoin or whether there might be greater value in terms of increasing abilities to generate more cash that can be invested later.

For example, if someone is barely graduating from high school (like 18 years old) and his parents cannot support him any longer, he may well be better off to invest whatever money that he has into learning some life-long job skills rather than investing into bitcoin, and sure thee could be ways to attempt to do both, but at the same time, sometimes the cash crunch is so tight that there might not be enough of a budget to be able to do both.  The balances are not always easy to figure out... but frequently in life choices have to be made and sometimes there is not abilities to do both at that particular time in life.

[edited out]

I also wonder why some people always say to invest with money that you are ready to lose. In fact, if you look at the price of Bitcoin, it continues to rise and even returns a greater ROI than gold. People should see the facts about Bitcoin since it was launched until today that Bitcoin is very good to invest in so that they will no longer say to invest with money that you are ready to lose.

I think beginners should read this article where it is explained that Bitcoin has become an asset class that is worth holding because of its fairly good performance every year. In fact, Bitcoin has performed better in 8 of the last 11 years.
Source : https://www.vaneck.com/us/en/blogs/digital-assets/the-investment-case-for-bitcoin/

Yes, we all know that bitcoin is amongst the best, if not the best, investment currently available to almost anyone, yet each of us still has to both invest within our means and also realize that bitcoin is not guaranteed to go up.

you can believe all that you want that bitcoin is guaranteed to go up, and hopefully you do not mislead others or even mislead yourself into believing that bitcoin is guaranteed to go up.

Anther thing is that if you invest in the long term, such as 4-10 years or longer, it may well be the case that you are not going to want to touch your bitcoin investment during that time, so you are using money that you are not going to need for 4-10 years or longer, and Justbillywitt had mentioned that aspect of using money that you are not going to need, perhaps ever, especially if bitcoin ends up going to zero or goes negative, then hopefully bitcoin is not your only asset, and yeah we likely realize that bitcoin's investment thesis is very strong, but acting like it is guaranteed to go up seems a wee bit problematic.

[Pi-network314159]

Bro in my own opinion here, I think that most investors will disagree with what you are actually saying here, I believe that it all boils down to how knowledgeable you are as a farmers or as a real estate investor, even in Bitcoin investment, not everyone knows how to get the best possible result in their Bitcoin investment, some Bitcoin investor tends to sell at every price increments without knowing that they can't achieve something big with that kind of approach, they don't know that in Bitcoin investment the longer you hold the more possibilities of achieving something big out of it.

I agree with you too, your point is well noted. of course our level of success and achievements in any kind of business is determined by how focused, persistent, and patience we are, and how we can be able to utilise and  maximise such opportunity and never give up on the process.

But a large scale farmer that really knows the business and how to get the best possible result out of it will definitely achieve something great every end of the planting season, so in essence of what am trying to say is that bro, when it comes to investing in agriculture, what you can achieve in a short period of time can actually blow your mind if you know how the business is being run, just that investment in Bitcoin is less stressful and less expensive to carry out, compared to large scale farming.

I agree with you that a farmer that knows there way around can make a reasonable or sizable amount within a short period of time, but presuming that bitcoin is less expensive is what I don't agree with, because most people invest heavily into bitcoin as a major investment. like Michael J Saylor and many more of them. Bitcoin is not as cheap as you think, you are probably concluding bitcoin investment due to how little by little one can invest in terms of DCA but don't forget that there is a strategy call lump sum which you can also invest once at a go, and it doesn't have a specific figure. it can even be $100m at once. bitcoin investment is cheap and expensive just like any other business, just that you invest what you can afford to buy doesn't make it cheap.

[Rabata]

I think people should start seeing the phrase that one should invest what one can be able to lose as old fashioned which doesn't portray bitcoin. Instead of that we should try to acquaint ourselves with this, one should invest money that you ain't gonna need for a long time, like 4 years and above. I find it difficult to still believe that any money invested in bitcoin can be lost totally, provided that the investor doesn't sell of his position when there is decline in the market. Let's see bitcoin as one of the greatest invention that has ever been known to humanity, and it has come to stay. Can you imagine the world now without automobile? The answer is no. But when automobile was invented people talked down at it, instead they were comparing it with horses, and many people believed that it will fade away someday.

But from that time till now it hasn't, instead it has become one of human most needed asset. So people who are still thinking that one should invest what one can be able to lose in bitcoin, because they are still not sure if bitcoin has come to stay or not are getting it wrong and they are missing  the chance of buying enough bitcoin at this cheap price with money they ain't gonna need for long time, because they don't want to invest more than they can afford to lose. Bitcoin will only go away if the internet goes away and imagine that kind of world without the internet.

I also wonder why some people always say to invest with money that you are ready to lose. In fact, if you look at the price of Bitcoin, it continues to rise and even returns a greater ROI than gold. People should see the facts about Bitcoin since it was launched until today that Bitcoin is very good to invest in so that they will no longer say to invest with money that you are ready to lose.

I think beginners should read this article where it is explained that Bitcoin has become an asset class that is worth holding because of its fairly good performance every year. In fact, Bitcoin has performed better in 8 of the last 11 years.

If you notice the value of Bitcoin is increasing over time and it never goes back to its previous level. Although some correction is very natural. If we want to see the price of Bitcoin in 2018 will it be possible? Of course it's unlikely because the demand for Bitcoin has increased. Investors have become more aware. They are trying to hold more bitcoins. In this way, the price of Bitcoin will continue to rise.

The picture we see in terms of return on investment is that Bitcoin investment profits are higher than any other investment. Even if the price of Bitcoin does not fall every year, if we compare the return to the price of Bitcoin every four years, Bitcoin will be ahead. There are some investors who only care about the present but if they can realize the potential of the future in advance then they can the advantage from it. A common theme is that those who held Bitcoin from the beginning or for a long period of time they all had relatively good returns.

[bubilas]

I think people should start seeing the phrase that one should invest what one can be able to lose as old fashioned which doesn't portray bitcoin. Instead of that we should try to acquaint ourselves with this, one should invest money that you ain't gonna need for a long time, like 4 years and above. I find it difficult to still believe that any money invested in bitcoin can be lost totally, provided that the investor doesn't sell of his position when there is decline in the market. Let's see bitcoin as one of the greatest invention that has ever been known to humanity, and it has come to stay. Can you imagine the world now without automobile? The answer is no. But when automobile was invented people talked down at it, instead they were comparing it with horses, and many people believed that it will fade away someday.

But from that time till now it hasn't, instead it has become one of human most needed asset. So people who are still thinking that one should invest what one can be able to lose in bitcoin, because they are still not sure if bitcoin has come to stay or not are getting it wrong and they are missing  the chance of buying enough bitcoin at this cheap price with money they ain't gonna need for long time, because they don't want to invest more than they can afford to lose. Bitcoin will only go away if the internet goes away and imagine that kind of world without the internet.

I also wonder why some people always say to invest with money that you are ready to lose. In fact, if you look at the price of Bitcoin, it continues to rise and even returns a greater ROI than gold. People should see the facts about Bitcoin since it was launched until today that Bitcoin is very good to invest in so that they will no longer say to invest with money that you are ready to lose.

I think beginners should read this article where it is explained that Bitcoin has become an asset class that is worth holding because of its fairly good performance every year. In fact, Bitcoin has performed better in 8 of the last 11 years.

If you notice the value of Bitcoin is increasing over time and it never goes back to its previous level. Although some correction is very natural. If we want to see the price of Bitcoin in 2018 will it be possible? Of course it's unlikely because the demand for Bitcoin has increased. Investors have become more aware. They are trying to hold more bitcoins. In this way, the price of Bitcoin will continue to rise.

The picture we see in terms of return on investment is that Bitcoin investment profits are higher than any other investment. Even if the price of Bitcoin does not fall every year, if we compare the return to the price of Bitcoin every four years, Bitcoin will be ahead. There are some investors who only care about the present but if they can realize the potential of the future in advance then they can the advantage from it. A common theme is that those who held Bitcoin from the beginning or for a long period of time they all had relatively good returns.

If you look at the all-time chart and draw a trend support line, you will see that Bitcoin can no longer fall below 10k. And this has a psychological meaning, showing that more and more people believe in Bitcoin and accumulate more of it.
Under the minimum price of Bitcoin, it is as if the floor of an elevator is slowly pushing it up. We are passing the point of no return, and this is cool, and we are still at the beginning of the journey!
That is why I am sure that no matter how the price falls, we will definitely see 100k.

[Barikui1]

I think people should start seeing the phrase that one should invest what one can be able to lose as old fashioned which doesn't portray bitcoin. Instead of that we should try to acquaint ourselves with this, one should invest money that you ain't gonna need for a long time, like 4 years and above. I find it difficult to still believe that any money invested in bitcoin can be lost totally, provided that the investor doesn't sell of his position when there is decline in the market. Let's see bitcoin as one of the greatest invention that has ever been known to humanity, and it has come to stay. Can you imagine the world now without automobile? The answer is no. But when automobile was invented people talked down at it, instead they were comparing it with horses, and many people believed that it will fade away someday.

But from that time till now it hasn't, instead it has become one of human most needed asset. So people who are still thinking that one should invest what one can be able to lose in bitcoin, because they are still not sure if bitcoin has come to stay or not are getting it wrong and they are missing  the chance of buying enough bitcoin at this cheap price with money they ain't gonna need for long time, because they don't want to invest more than they can afford to lose. Bitcoin will only go away if the internet goes away and imagine that kind of world without the internet.

I also wonder why some people always say to invest with money that you are ready to lose. In fact, if you look at the price of Bitcoin, it continues to rise and even returns a greater ROI than gold. People should see the facts about Bitcoin since it was launched until today that Bitcoin is very good to invest in so that they will no longer say to invest with money that you are ready to lose.

I think beginners should read this article where it is explained that Bitcoin has become an asset class that is worth holding because of its fairly good performance every year. In fact, Bitcoin has performed better in 8 of the last 11 years.

If you notice the value of Bitcoin is increasing over time and it never goes back to its previous level. Although some correction is very natural. If we want to see the price of Bitcoin in 2018 will it be possible? Of course it's unlikely because the demand for Bitcoin has increased. Investors have become more aware. They are trying to hold more bitcoins. In this way, the price of Bitcoin will continue to rise.

The picture we see in terms of return on investment is that Bitcoin investment profits are higher than any other investment. Even if the price of Bitcoin does not fall every year, if we compare the return to the price of Bitcoin every four years, Bitcoin will be ahead. There are some investors who only care about the present but if they can realize the potential of the future in advance then they can the advantage from it. A common theme is that those who held Bitcoin from the beginning or for a long period of time they all had relatively good returns.

If you look at the all-time chart and draw a trend support line, you will see that Bitcoin can no longer fall below 10k. And this has a psychological meaning, showing that more and more people believe in Bitcoin and accumulate more of it.
Under the minimum price of Bitcoin, it is as if the floor of an elevator is slowly pushing it up. We are passing the point of no return, and this is cool, and we are still at the beginning of the journey!
That is why I am sure that no matter how the price falls, we will definitely see 100k.

Yea, you are actually right on this bro, Bitcoin has past that stage of going below 10k, the confidence investors have in Bitcoin now is way much bigger than before and I equally don't see Bitcoin going below 20k in the nearest future, because over the years it has earned the trust of investors to hold onto their Bitcoin regardless of how dip the value of Bitcoin is went, so I believe that due to the huge potential of Bitcoin, their is a higher probability of Bitcoin doing 10x to 20x in like 10 to 20 years time from now than going below 10k during that period of time.

Then talking of how much is the best amount an investor should invest, in my own point of view, the best amount an investor should invest is what you guys have already said, which is investing what you can afford to lose, because we live in a world of uncertainty, nothing is promised, so investing with an amount you can do away without is possibly the best amount one should invest with.

[GIF-JOBS]

I think people should start seeing the phrase that one should invest what one can be able to lose as old fashioned which doesn't portray bitcoin. Instead of that we should try to acquaint ourselves with this, one should invest money that you ain't gonna need for a long time, like 4 years and above. I find it difficult to still believe that any money invested in bitcoin can be lost totally, provided that the investor doesn't sell of his position when there is decline in the market. Let's see bitcoin as one of the greatest invention that has ever been known to humanity, and it has come to stay. Can you imagine the world now without automobile? The answer is no. But when automobile was invented people talked down at it, instead they were comparing it with horses, and many people believed that it will fade away someday.

But from that time till now it hasn't, instead it has become one of human most needed asset. So people who are still thinking that one should invest what one can be able to lose in bitcoin, because they are still not sure if bitcoin has come to stay or not are getting it wrong and they are missing  the chance of buying enough bitcoin at this cheap price with money they ain't gonna need for long time, because they don't want to invest more than they can afford to lose. Bitcoin will only go away if the internet goes away and imagine that kind of world without the internet.

I also wonder why some people always say to invest with money that you are ready to lose. In fact, if you look at the price of Bitcoin, it continues to rise and even returns a greater ROI than gold. People should see the facts about Bitcoin since it was launched until today that Bitcoin is very good to invest in so that they will no longer say to invest with money that you are ready to lose.

I think beginners should read this article where it is explained that Bitcoin has become an asset class that is worth holding because of its fairly good performance every year. In fact, Bitcoin has performed better in 8 of the last 11 years.

If you notice the value of Bitcoin is increasing over time and it never goes back to its previous level. Although some correction is very natural. If we want to see the price of Bitcoin in 2018 will it be possible? Of course it's unlikely because the demand for Bitcoin has increased. Investors have become more aware. They are trying to hold more bitcoins. In this way, the price of Bitcoin will continue to rise.

The picture we see in terms of return on investment is that Bitcoin investment profits are higher than any other investment. Even if the price of Bitcoin does not fall every year, if we compare the return to the price of Bitcoin every four years, Bitcoin will be ahead. There are some investors who only care about the present but if they can realize the potential of the future in advance then they can the advantage from it. A common theme is that those who held Bitcoin from the beginning or for a long period of time they all had relatively good returns.

Yes I also agree with you, Bitcoin is a volatile currency, its value keeps fluctuating, but among these fluctuating, Bitcoin has surpassed all. Bitcoin is highly volatile in the short term, but its growth in the long term is certain. We will never get back the 2018 Bitcoin price, because Bitcoin is still around 417.45% higher than the 2018 Bitcoin price, despite its volatility.

Also the demand for Bitcoin is increasing constantly, and everyone is holding more and more, and the number of new investors is constantly increasing, and due to the high demand of Bitcoin in the future, its value will definitely skyrocket.

So don't worry about the present think about the future, always keep positive thoughts towards Bitcoin and invest while there is time, otherwise when Bitcoin crosses 150K-200K in the future, such people will only regret who didn't invest in Bitcoin even when there was a chance.

[SuperBitMan]

I think people should start seeing the phrase that one should invest what one can be able to lose as old fashioned which doesn't portray bitcoin. Instead of that we should try to acquaint ourselves with this, one should invest money that you ain't gonna need for a long time, like 4 years and above. I find it difficult to still believe that any money invested in bitcoin can be lost totally, provided that the investor doesn't sell of his position when there is decline in the market. Let's see bitcoin as one of the greatest invention that has ever been known to humanity, and it has come to stay. Can you imagine the world now without automobile? The answer is no. But when automobile was invented people talked down at it, instead they were comparing it with horses, and many people believed that it will fade away someday.

But from that time till now it hasn't, instead it has become one of human most needed asset. So people who are still thinking that one should invest what one can be able to lose in bitcoin, because they are still not sure if bitcoin has come to stay or not are getting it wrong and they are missing  the chance of buying enough bitcoin at this cheap price with money they ain't gonna need for long time, because they don't want to invest more than they can afford to lose. Bitcoin will only go away if the internet goes away and imagine that kind of world without the internet.

I also wonder why some people always say to invest with money that you are ready to lose. In fact, if you look at the price of Bitcoin, it continues to rise and even returns a greater ROI than gold. People should see the facts about Bitcoin since it was launched until today that Bitcoin is very good to invest in so that they will no longer say to invest with money that you are ready to lose.

I think beginners should read this article where it is explained that Bitcoin has become an asset class that is worth holding because of its fairly good performance every year. In fact, Bitcoin has performed better in 8 of the last 11 years.

If you notice the value of Bitcoin is increasing over time and it never goes back to its previous level. Although some correction is very natural. If we want to see the price of Bitcoin in 2018 will it be possible? Of course it's unlikely because the demand for Bitcoin has increased. Investors have become more aware. They are trying to hold more bitcoins. In this way, the price of Bitcoin will continue to rise.

The picture we see in terms of return on investment is that Bitcoin investment profits are higher than any other investment. Even if the price of Bitcoin does not fall every year, if we compare the return to the price of Bitcoin every four years, Bitcoin will be ahead. There are some investors who only care about the present but if they can realize the potential of the future in advance then they can the advantage from it. A common theme is that those who held Bitcoin from the beginning or for a long period of time they all had relatively good returns.

If you look at the all-time chart and draw a trend support line, you will see that Bitcoin can no longer fall below 10k. And this has a psychological meaning, showing that more and more people believe in Bitcoin and accumulate more of it.
Under the minimum price of Bitcoin, it is as if the floor of an elevator is slowly pushing it up. We are passing the point of no return, and this is cool, and we are still at the beginning of the journey!
That is why I am sure that no matter how the price falls, we will definitely see 100k.

From when Bitcoin was created till date Bitcoin has been doing very well, yes Bitcoin is highly volatile in nature but that didn't stop it from growing bigger in price and now that Bitcoin is in this present price it can't go back to what it was 10 years ago no matter how highly volatile it is, so it volatility does not stop it from growing.
When ever there's a dip in Bitcoin is not a time to panic and worry is a time to accumulate more Bitcoin because it is certain that it will rise again and that is one advantage of the volatility in Bitcoin it gives an opportunity to accumulate more any time it volatility leads to dip.
There are still many people that has not started investing in Bitcoin the people that has not started investing in Bitcoin are still more than the people that are investing and I believe the percentage is high and Bitcoin has not reached half of it's growth so for those who still believe Bitcoin won't grow more than it is now start to rethink because Bitcoin still has a long way to go in it growth meaning that it will keep growing in value/price.

[wmaurik]

From when Bitcoin was created till date Bitcoin has been doing very well, yes Bitcoin is highly volatile in nature but that didn't stop it from growing bigger in price and now that Bitcoin is in this present price it can go back to what it was 10 years ago no matter how highly volatile it is, so it volatility does not stop it from growing.
When ever there's a dip in Bitcoin is not a time to panic and worry is a time to accumulate more Bitcoin because it is certain that it will rise again and that is one advantage of the volatility in Bitcoin it gives an opportunity to accumulate more any time it volatility leads to dip.
There are still many people that has not started investing in Bitcoin the people that has not started investing in Bitcoin are still more than the people that are investing and I believe the percentage is high and Bitcoin has not reached half of it's growth so for those who still believe Bitcoin won't grow more than it is now start to rethink because Bitcoin still has a long way to go in it growth meaning that it will keep growing in value/price.

If the percentage is still very large for the side of people who have not invested in Bitcoin with people who have invested in Bitcoin, I see Bitcoin growing better than returning to the price of ten years ago as you said. Because when buyers are increasing and those who want to hold Bitcoin are increasing, of course the price will have more potential to soar rather than being corrected very deeply. Although we may all understand about the price fluctuations and volatility in Bitcoin, in general, every asset that is in great demand will definitely continue to grow without stopping even though market conditions always make a difference when there are certain events that can affect all asset prices in the market.

[Roseline492]

If you look at the all-time chart and draw a trend support line, you will see that Bitcoin can no longer fall below 10k. And this has a psychological meaning, showing that more and more people believe in Bitcoin and accumulate more of it.
Under the minimum price of Bitcoin, it is as if the floor of an elevator is slowly pushing it up. We are passing the point of no return, and this is cool, and we are still at the beginning of the journey!
That is why I am sure that no matter how the price falls, we will definitely see 100k.

Is not true that Bitcoin price will ever go down to $10k because as Bitcoin keeps growing that is how is crossing a line that can never be tested no matter how the dip it is, that's to show how strong Bitcoin is because from this correction that happens on the Bitcoin price I believe that before then there was already a benchmark made that it will drop to a point or possibly not getting to that point, so even while people were agitating for the price to drop further they never new that it will never drop below it benchmark, so perhaps that will also be the price definition of Bitcoin in the future were the price we are seeing now will be like when Bitcoin was at $20k.

[Ruttoshi]

I think people should start seeing the phrase that one should invest what one can be able to lose as old fashioned which doesn't portray bitcoin. Instead of that we should try to acquaint ourselves with this, one should invest money that you ain't gonna need for a long time, like 4 years and above. I find it difficult to still believe that any money invested in bitcoin can be lost totally, provided that the investor doesn't sell of his position when there is decline in the market. Let's see bitcoin as one of the greatest invention that has ever been known to humanity, and it has come to stay. Can you imagine the world now without automobile? The answer is no. But when automobile was invented people talked down at it, instead they were comparing it with horses, and many people believed that it will fade away someday.

But from that time till now it hasn't, instead it has become one of human most needed asset. So people who are still thinking that one should invest what one can be able to lose in bitcoin, because they are still not sure if bitcoin has come to stay or not are getting it wrong and they are missing  the chance of buying enough bitcoin at this cheap price with money they ain't gonna need for long time, because they don't want to invest more than they can afford to lose. Bitcoin will only go away if the internet goes away and imagine that kind of world without the internet.

I also wonder why some people always say to invest with money that you are ready to lose. In fact, if you look at the price of Bitcoin, it continues to rise and even returns a greater ROI than gold. People should see the facts about Bitcoin since it was launched until today that Bitcoin is very good to invest in so that they will no longer say to invest with money that you are ready to lose.

I think beginners should read this article where it is explained that Bitcoin has become an asset class that is worth holding because of its fairly good performance every year. In fact, Bitcoin has performed better in 8 of the last 11 years.

If you notice the value of Bitcoin is increasing over time and it never goes back to its previous level. Although some correction is very natural. If we want to see the price of Bitcoin in 2018 will it be possible? Of course it's unlikely because the demand for Bitcoin has increased. Investors have become more aware. They are trying to hold more bitcoins. In this way, the price of Bitcoin will continue to rise.

The picture we see in terms of return on investment is that Bitcoin investment profits are higher than any other investment. Even if the price of Bitcoin does not fall every year, if we compare the return to the price of Bitcoin every four years, Bitcoin will be ahead. There are some investors who only care about the present but if they can realize the potential of the future in advance then they can the advantage from it. A common theme is that those who held Bitcoin from the beginning or for a long period of time they all had relatively good returns.

If you look at the all-time chart and draw a trend support line, you will see that Bitcoin can no longer fall below 10k. And this has a psychological meaning, showing that more and more people believe in Bitcoin and accumulate more of it.
Under the minimum price of Bitcoin, it is as if the floor of an elevator is slowly pushing it up. We are passing the point of no return, and this is cool, and we are still at the beginning of the journey!
That is why I am sure that no matter how the price falls, we will definitely see 100k.

From when Bitcoin was created till date Bitcoin has been doing very well, yes Bitcoin is highly volatile in nature but that didn't stop it from growing bigger in price and now that Bitcoin is in this present price it can go back to what it was 10 years ago no matter how highly volatile it is, so it volatility does not stop it from growing.
When ever there's a dip in Bitcoin is not a time to panic and worry is a time to accumulate more Bitcoin because it is certain that it will rise again and that is one advantage of the volatility in Bitcoin it gives an opportunity to accumulate more any time it volatility leads to dip.
There are still many people that has not started investing in Bitcoin the people that has not started investing in Bitcoin are still more than the people that are investing and I believe the percentage is high and Bitcoin has not reached half of it's growth so for those who still believe Bitcoin won't grow more than it is now start to rethink because Bitcoin still has a long way to go in it growth meaning that it will keep growing in value/price.

Are you kidding me SuperBitMan, I don't think that bitcoin price can dip so low to its price 10 years ago which is 2014. The price of bitcoin then was withing the range of $400-$1000, and I believe that JJG was accumulating bitcoin at that period based on his bitcoin accumulation stoy. How can bitcoin that has made 61x profit from ten years ago depreciate in value to that extent.

 I am sorry to say, it means that a lot of bitcoin enthusiasts will sell of their investment because it is like the network have failed. I don't think that any investor will be patient for the price to bounce back to this current price because it will take a very long time and investors will lose hope in bitcoin.

Just like what Bubilas said bitcoin cannot go below $10k anymore because every new circle shoots the price higher above the intial circle bottom line doing the bear market. The symmetric bet of bitcoin increasing in price overtime is higher down decreasing in price because bitcoin is still grow and getting more matured, Even if I know that past performance does not guarantee future results.

[SuperBitMan]

I think people should start seeing the phrase that one should invest what one can be able to lose as old fashioned which doesn't portray bitcoin. Instead of that we should try to acquaint ourselves with this, one should invest money that you ain't gonna need for a long time, like 4 years and above. I find it difficult to still believe that any money invested in bitcoin can be lost totally, provided that the investor doesn't sell of his position when there is decline in the market. Let's see bitcoin as one of the greatest invention that has ever been known to humanity, and it has come to stay. Can you imagine the world now without automobile? The answer is no. But when automobile was invented people talked down at it, instead they were comparing it with horses, and many people believed that it will fade away someday.

But from that time till now it hasn't, instead it has become one of human most needed asset. So people who are still thinking that one should invest what one can be able to lose in bitcoin, because they are still not sure if bitcoin has come to stay or not are getting it wrong and they are missing  the chance of buying enough bitcoin at this cheap price with money they ain't gonna need for long time, because they don't want to invest more than they can afford to lose. Bitcoin will only go away if the internet goes away and imagine that kind of world without the internet.

I also wonder why some people always say to invest with money that you are ready to lose. In fact, if you look at the price of Bitcoin, it continues to rise and even returns a greater ROI than gold. People should see the facts about Bitcoin since it was launched until today that Bitcoin is very good to invest in so that they will no longer say to invest with money that you are ready to lose.

I think beginners should read this article where it is explained that Bitcoin has become an asset class that is worth holding because of its fairly good performance every year. In fact, Bitcoin has performed better in 8 of the last 11 years.

If you notice the value of Bitcoin is increasing over time and it never goes back to its previous level. Although some correction is very natural. If we want to see the price of Bitcoin in 2018 will it be possible? Of course it's unlikely because the demand for Bitcoin has increased. Investors have become more aware. They are trying to hold more bitcoins. In this way, the price of Bitcoin will continue to rise.

The picture we see in terms of return on investment is that Bitcoin investment profits are higher than any other investment. Even if the price of Bitcoin does not fall every year, if we compare the return to the price of Bitcoin every four years, Bitcoin will be ahead. There are some investors who only care about the present but if they can realize the potential of the future in advance then they can the advantage from it. A common theme is that those who held Bitcoin from the beginning or for a long period of time they all had relatively good returns.

If you look at the all-time chart and draw a trend support line, you will see that Bitcoin can no longer fall below 10k. And this has a psychological meaning, showing that more and more people believe in Bitcoin and accumulate more of it.
Under the minimum price of Bitcoin, it is as if the floor of an elevator is slowly pushing it up. We are passing the point of no return, and this is cool, and we are still at the beginning of the journey!
That is why I am sure that no matter how the price falls, we will definitely see 100k.

From when Bitcoin was created till date Bitcoin has been doing very well, yes Bitcoin is highly volatile in nature but that didn't stop it from growing bigger in price and now that Bitcoin is in this present price it can go back to what it was 10 years ago no matter how highly volatile it is, so it volatility does not stop it from growing.
When ever there's a dip in Bitcoin is not a time to panic and worry is a time to accumulate more Bitcoin because it is certain that it will rise again and that is one advantage of the volatility in Bitcoin it gives an opportunity to accumulate more any time it volatility leads to dip.
There are still many people that has not started investing in Bitcoin the people that has not started investing in Bitcoin are still more than the people that are investing and I believe the percentage is high and Bitcoin has not reached half of it's growth so for those who still believe Bitcoin won't grow more than it is now start to rethink because Bitcoin still has a long way to go in it growth meaning that it will keep growing in value/price.

Are you kidding me SuperBitMan, I don't think that bitcoin price can dip so low to its price 10 years ago which is 2014. The price of bitcoin then was withing the range of $400-$1000, and I believe that JJG was accumulating bitcoin at that period based on his bitcoin accumulation stoy. How can bitcoin that has made 61x profit from ten years ago depreciate in value to that extent.

 I am sorry to say, it means that a lot of bitcoin enthusiasts will sell of their investment because it is like the network have failed. I don't think that any investor will be patient for the price to bounce back to this current price because it will take a very long time and investors will lose hope in bitcoin.

Just like what Bubilas said bitcoin cannot go below $10k anymore because every new circle shoots the price higher above the intial circle bottom line doing the bear market. The symmetric bet of bitcoin increasing in price overtime is higher down decreasing in price because bitcoin is still grow and getting more matured, Even if I know that past performance does not guarantee future results.

It was a typing error what I was trying to say is that Bitcoin can't drop to the price it was 10 years ago, thank you for bringing it to my notice it has been corrected.

[JayJuanGee]

If you look at the all-time chart and draw a trend support line, you will see that Bitcoin can no longer fall below 10k. And this has a psychological meaning, showing that more and more people believe in Bitcoin and accumulate more of it.
Under the minimum price of Bitcoin, it is as if the floor of an elevator is slowly pushing it up. We are passing the point of no return, and this is cool, and we are still at the beginning of the journey!
That is why I am sure that no matter how the price falls, we will definitely see 100k.

Is not true that Bitcoin price will ever go down to $10k because as Bitcoin keeps growing that is how is crossing a line that can never be tested no matter how the dip it is, that's to show how strong Bitcoin is because from this correction that happens on the Bitcoin price I believe that before then there was already a benchmark made that it will drop to a point or possibly not getting to that point, so even while people were agitating for the price to drop further they never new that it will never drop below it benchmark, so perhaps that will also be the price definition of Bitcoin in the future were the price we are seeing now will be like when Bitcoin was at $20k.

It seems that we should not speak in terms of absolutes, even though the lower the BTC price the less likely that we are going to end up revisiting that, even though nothing is impossible in terms of either a low spike or even some kind of an issue that could end up happening.

Personally, I like to think about bottoms in terms of the 200-WMA (which is the bitcoin average trade volume price over the past 4 years), and historically we have not spent very much time below it.  However, between June 2022 and October 2023, we ended up spending quite a bit of time below it, and at one point, the lowest point was right nearly 36% below the 200-WMA (which was $15,479 on November 20, 2022 when the 200-WMA was then $24k).

[edited out]

Are you kidding me SuperBitMan, I don't think that bitcoin price can dip so low to its price 10 years ago which is 2014. The price of bitcoin then was withing the range of $400-$1000, and I believe that JJG was accumulating bitcoin at that period based on his bitcoin accumulation stoy. How can bitcoin that has made 61x profit from ten years ago depreciate in value to that extent.

It's not non-zero odds that bitcoin prices could go to zero or even somewhere into really low prices, yet at the same time, some people come off as retarded when they are talking about outrageous price moves and assigning anything even close to high probabilities for such scenarios (Edited: yes I see that SuperBitMan fixed his comment, yet I have already written my post and I see no reason to change my post) if something has way less than a fraction of a percent of happening, then why the fuck should we be referring to those kinds of outrageously down scenarios as if they were anywhere close to realistic.

Yeah, sure each of us is free to assign probabilities in light of how we see matters, and we might not even agree on how the probability assignments are reached, but still there are degrees of acceptability to suggest that something like sub $1k to be within less than 1% odds or to suggest that the odds are greater than 10%, and perhaps folks are even conceding that odds are less than 1%, but still spending time talking about such scenarios, as if they were something important to discuss... and sure something sub $1k probably would be sub 0.1% odds.... if even that high... so it seems crazy to refer to such a thing, except just in passing..

It is almost like we should consider those folks as trolls if they are referring to such low probability events without putting reasonable qualifications on the way they are talking about them... as if they do not even know the probability, and just randomly treating low probability events as if they were equally likely to occur as some higher probability event... Even when we start to get below the 200-WMA, which is currently close to $40k, it starts to get unreasonable to even expect those kinds of lower than $40k  prices to happen, even though they might have odds in the 10% to 20% arenas of taking place in the coming months, yet since the 200-WMA continues to move up more than $30 per day, by the time the BTC price goes back below it (perhaps in late 2025 or even into 2026), then it may well be $15k or even $30k higher by the time it is getting tested again.  We cannot exactly know when we are going to have ups and downs or when we go from a bull market to a bear market, even though it still seems that we are currently more likely in a bull market than in a bear market, even though the labelling of what market we are in is a delayed indicator so frequently we will not know that we changed from bull to bear or even from bear to bull until several months after it already happened.

I am sorry to say, it means that a lot of bitcoin enthusiasts will sell of their investment because it is like the network have failed. I don't think that any investor will be patient for the price to bounce back to this current price because it will take a very long time and investors will lose hope in bitcoin.

I think that each of us should consider our position size in such a way that accounts for both going to zero and also very negative BTC price performance, and that is part of the rationale for the expression to not invest any more than you can afford to lose - yet at the same time, we need to be considering the whole spectrum of possible outcomes that include that it is quite likely that bitcoin is going to continue to go up in value in 4-10 year or longer timelines, even if in the short-term there are a lot of battles and perhaps even some unreasonable corrections and/or failure/refusal to go up... so we still need to figure out our position size and how aggressive that we are going to be in our bitcoin investment.. since there surely are going to continue to be events (and maybe even talking points) that attempt to convince us either to not buy bitcoin or to sell what we have, and if any of us is not able to figure out what to do in terms of the size of our BTC stash, then maybe we should not be holding BTC and we should find some other investment that helps us to feel MOAR better, including having fun staying poor, which likely is going to be the result of a lot of traditional investments that are so much vulnerable to the ongoing and seeming debasement of the dollar and other fiat currencies around the world.. that affect the currencies and also affect the various assets that are also subject to the ongoing debasement of currencies.

Just like what Bubilas said bitcoin cannot go below $10k anymore because every new circle shoots the price higher above the intial circle bottom line doing the bear market.

He is largely correct, but the use of absolutes is problematic...so rather than proclaiming that it cannot, perhaps thinking in terms of odds that are way less than 1% would be more realistic, even though sometimes people seem to have trouble expressing themselves in ways that do not use absolutes...

The symmetric bet of bitcoin increasing in price overtime is higher down decreasing in price because bitcoin is still grow and getting more matured, Even if I know that past performance does not guarantee future results.

The idea of an asymmetric bet is that the most you can lose is 100%, but there is way more upside, and bitcoin remains one of the best of asymmetric bets to the upside, but you still have to figure out your position size so that you do not get recked in the process of making such bet.. so your bet still has to be realistic in light of your own financial and psychological circumstances.

[LUCKMCFLY]

Is not true that Bitcoin price will ever go down to $10k because as Bitcoin keeps growing that is how is crossing a line that can never be tested no matter how the dip it is, that's to show how strong Bitcoin is because from this correction that happens on the Bitcoin price I believe that before then there was already a benchmark made that it will drop to a point or possibly not getting to that point, so even while people were agitating for the price to drop further they never new that it will never drop below it benchmark, so perhaps that will also be the price definition of Bitcoin in the future were the price we are seeing now will be like when Bitcoin was at $20k.

Wow I remember very well when bitcoin once reached almost $20k the price everyone expected it to get there or at least have that movement again, however by 2020 many waited for the movement and what it did was almost reach $2k and many said that it was going to reach and touch that price, at that moment I realized that everything in the price of BTC can happen, only at that time there were not so many institutional investors and it is something difficult for it to go down that much, because investors entered not to lose, every big investor enters not to lose, so starting from that premise it is likely to think that it is very difficult for it to drop that much in price.

[I_Anime]

It is almost like we should consider those folks as trolls if they are referring to such low probability events without putting reasonable qualifications on the way they are talking about them... as if they do not even know the probability, and just randomly treating low probability events as if they were equally likely to occur as some higher probability event... Even when we start to get below the 200-WMA, which is currently close to $40k, it starts to get unreasonable to even expect those kinds of lower than $40k  prices to happen, even though they might have odds in the 10% to 20% arenas of taking place in the coming months, yet since the 200-WMA continues to move up more than $30 per day, by the time the BTC price goes back below it (perhaps in late 2025 or even into 2026), then it may well be $15k or even $30k higher by the time it is getting tested again.  We cannot exactly know when we are going to have ups and downs or when we go from a bull market to a bear market, even though it still seems that we are currently more likely in a bull market than in a bear market, even though the labelling of what market we are in is a delayed indicator so frequently we will not know that we changed from bull to bear or even from bear to bull until several months after it already happened.

I don't know why one would have to bother himself with something like this ,  sir JayJuanGee you on the right track . This is the kind of mindset that usually affects the market price (negatively) believing that Bitcoin is going to dip to a certain amount, like the range of $10k creating irrelevant panicking in market , that's how most people kept on saying Bitcoin Would crash down to $0 to justify their act of procrastinating or not seeing the bright future of Bitcoin .  The funny thing is that Bitcoin would keep on growing , while they keep procrastinating and speculating rubbish .

One thing for sure is that before the end of this bullrun , Bitcoin ain't going to experience such to $10k rather Bitcoin would be undergoing some up and down corrections until the main surging in price , then after that we can't tell what is going to happen next if it will continue to rise or it would decrease in price and still again we can't tell the price is going to end with after the bullish market.

One thing have learn is that the best way to prepare for both side (increase or decrease in prices) one need to have enough bitcoin stashes in their portfolio. So that they will be in a safer side despite the dip aslong is bitcoin, it would surely bounce back stronger so holding is just the right choice .

[Popkon6]

I agree with you that a farmer that knows there way around can make a reasonable or sizable amount within a short period of time, but presuming that bitcoin is less expensive is what I don't agree with, because most people invest heavily into bitcoin as a major investment. like Michael J Saylor and many more of them. Bitcoin is not as cheap as you think, you are probably concluding bitcoin investment due to how little by little one can invest in terms of DCA but don't forget that there is a strategy call lump sum which you can also invest once at a go, and it doesn't have a specific figure. it can even be $100m at once. bitcoin investment is cheap and expensive just like any other business, just that you invest what you can afford to buy doesn't make it cheap.

To think about Bitcoin investment we must first know about the strategies to invest it. Because the DCA method is the only way to invest in Bitcoin, this DCA method offers a lot of savings in the purchase price of Bitcoins, and some people only buy Bitcoins in the deep market. And there are many more who buy bitcoin regularly every week, so every investor's buying habits are different.  
However, the most benefit is achieved by doing a regular DCA procedure, as the investment is long-term and the investor is most likely to be successful. So for Bitcoin price to reach 100k dollars we only need to think about holding it as a target. How do we keep bitcoins for a long time by investing regularly.

[reefsea]

I agree with you that a farmer that knows there way around can make a reasonable or sizable amount within a short period of time, but presuming that bitcoin is less expensive is what I don't agree with, because most people invest heavily into bitcoin as a major investment. like Michael J Saylor and many more of them. Bitcoin is not as cheap as you think, you are probably concluding bitcoin investment due to how little by little one can invest in terms of DCA but don't forget that there is a strategy call lump sum which you can also invest once at a go, and it doesn't have a specific figure. it can even be $100m at once. bitcoin investment is cheap and expensive just like any other business, just that you invest what you can afford to buy doesn't make it cheap.

To think about Bitcoin investment we must first know about the strategies to invest it. Because the DCA method is the only way to invest in Bitcoin, this DCA method offers a lot of savings in the purchase price of Bitcoins, and some people only buy Bitcoins in the deep market. And there are many more who buy bitcoin regularly every week, so every investor's buying habits are different.  
However, the most benefit is achieved by doing a regular DCA procedure, as the investment is long-term and the investor is most likely to be successful. So for Bitcoin price to reach 100k dollars we only need to think about holding it as a target. How do we keep bitcoins for a long time by investing regularly.

Why DCA is the only way.

Don't you want to use the Lump sum strategy. Don't forget there are many ways to stack bitcoins. The important thing is that you don't become a child where when the price drops you want to cry, but the price drop can be used to buy more aggressively.

Just buy bitcoins in a way that is comfortable for you, if you are comfortable with DCA, continue, but remember don't forget to Hold.

[Pi-network314159]

I agree with you that a farmer that knows there way around can make a reasonable or sizable amount within a short period of time, but presuming that bitcoin is less expensive is what I don't agree with, because most people invest heavily into bitcoin as a major investment. like Michael J Saylor and many more of them. Bitcoin is not as cheap as you think, you are probably concluding bitcoin investment due to how little by little one can invest in terms of DCA but don't forget that there is a strategy call lump sum which you can also invest once at a go, and it doesn't have a specific figure. it can even be $100m at once. bitcoin investment is cheap and expensive just like any other business, just that you invest what you can afford to buy doesn't make it cheap.

To think about Bitcoin investment we must first know about the strategies to invest it. Because the DCA method is the only way to invest in Bitcoin, this DCA method offers a lot of savings in the purchase price of Bitcoins,

Despite DCA is an easier way of investing into bitcoin, we shouldn't also neglect the fact that other investments strategy like lump sum and buying the dip are also important. Each individual investors choses a more convenient one among them, but the best way is to use all three strategies to get a good result.

So for Bitcoin price to reach 100k dollars we only need to think about holding it as a target. How do we keep bitcoins for a long time by investing regularly.

Why we HODL bitcoin for a long time is not for it to reach $100k,  because bitcoin must surely supersede $100k our long term focus on bitcoin is beyou the limitations of $100k. $100k is even less compeard to the future proce of about 10 to 30years.

I still have troubles suggesting to a business man to stop leveraging his skills and/or talents in building a business and invest into bitcoin.   Perhaps that the best we can attempt to do is to try to get those folks to hedge their bets a bit and to put some of their cashflow into bitcoin.

neither do I advise any body not to leverage on his skill and talent. I resonate with the school of thought that encourages people to work an get paid either by self employed or by salary work and invest on bitcoin. we all are saying thesame thing just that I wanted to trow more light in regards to the important of bitcoin and how small investment can increase a man coast in due time. we all know that bitcoin doesn't perform magic if not invested on. for that reason we can not neglect the fact that bitcoin can't  work on its own but depend on a force to act. just like a car that can't run without a petrol. the money generated from the difference kind of business will be used to fuel bitcoin just like a car, and the amount of petrol on it determines the distance the car can go.

For example, if someone is barely graduating from high school (like 18 years old) and his parents cannot support him any longer, he may well be better off to invest whatever money that he has into learning some life-long job skills rather than investing into bitcoin, and sure thee could be ways to attempt to do both, but at the same time, sometimes the cash crunch is so tight that there might not be enough of a budget to be able to do both.  The balances are not always easy to figure out... but frequently in life choices have to be made and sometimes there is not abilities to do both at that particular time in life.

normally it is not encourageable for teenager under parental care to invest in bitcoin, expecially those that cant feed themselves with or without their parents to invest. Bitcoin investment is for mature minded people who can make personal decision on how their finances can be controlled, including how to regularly invest without any distractions, because the most challenging part in bitcoin investment as a young man is the ability to handle though situation without selling his bitcoin. so it requires decipline, self decision, focus and of course patient. in summary an 18 years teenager who is under parentalcare should not invest into bitcoin, rather should focus on learning a skill and if he probably has a work doing after his skill,  then he can think of investing into BTC. otherwise he will end up making a wrong decision if he has no skill and trying to invest into bitcoin. we should be able to figure out when we are free to invest into bitcoin because bitcoin investment is not done when we are in a tight corner.

[AirtelBuzz]

Because the DCA method is the only way to invest in Bitcoin,

The DCA method is not the only way to invest in Bitcoin. Because not everyone invests in this way, everyone has different investment strategies so it would be wrong to call it the only way to invest. But we can consider this method as the easiest method because through DCA one can start investing with little knowledge about Bitcoin and small amount of money.

However, the most benefit is achieved by doing a regular DCA procedure,

The advantage of doing DCA in investment means that you can buy the amount of money that you invest, that is, the amount of money that you allocate for investment, at any moment in the market. If the price of bitcoin is high then you can continuously buy smaller amount of bitcoin with that fixed allocated amount and if the price of bitcoin is low then you can continuously buy more amount of bitcoin with that fixed amount. As the market goes up and down, your purchased bitcoins will be lower and higher.

as the investment is long-term and the investor is most likely to be successful. So for Bitcoin price to reach 100k dollars we only need to think about holding it as a target. How do we keep bitcoins for a long time by investing regularly.

How long a person can hold his Bitcoin investment depends on his financial solvency i.e. his earning power. If you have a fixed source of income for investment then you can easily continue investing as long as you want i.e. hold it for as long as you want.
If you start buying bitcoin now for investment, will you sell it when it reaches $100k? We have seen many members of this forum predicting that the price of Bitcoin is likely to touch $100k very soon ie this year itself.If the prediction is correct and the price of Bitcoin rises to reach that target price, will it stop your investment? So remove this thought and try to prolong your investment till next halving atleast.

[JayJuanGee]

I still have troubles suggesting to a business man to stop leveraging his skills and/or talents in building a business and invest into bitcoin.   Perhaps that the best we can attempt to do is to try to get those folks to hedge their bets a bit and to put some of their cashflow into bitcoin.

neither do I advise any body not to leverage on his skill and talent. I resonate with the school of thought that encourages people to work an get paid either by self employed or by salary work and invest on bitcoin. we all are saying thesame thing just that I wanted to trow more light in regards to the important of bitcoin and how small investment can increase a man coast in due time. we all know that bitcoin doesn't perform magic if not invested on. for that reason we can not neglect the fact that bitcoin can't  work on its own but depend on a force to act. just like a car that can't run without a petrol. the money generated from the difference kind of business will be used to fuel bitcoin just like a car, and the amount of petrol on it determines the distance the car can go.

For example, if someone is barely graduating from high school (like 18 years old) and his parents cannot support him any longer, he may well be better off to invest whatever money that he has into learning some life-long job skills rather than investing into bitcoin, and sure thee could be ways to attempt to do both, but at the same time, sometimes the cash crunch is so tight that there might not be enough of a budget to be able to do both.  The balances are not always easy to figure out... but frequently in life choices have to be made and sometimes there is not abilities to do both at that particular time in life.

normally it is not encourageable for teenager under parental care to invest in bitcoin, expecially those that cant feed themselves with or without their parents to invest. Bitcoin investment is for mature minded people who can make personal decision on how their finances can be controlled, including how to regularly invest without any distractions, because the most challenging part in bitcoin investment as a young man is the ability to handle though situation without selling his bitcoin. so it requires decipline, self decision, focus and of course patient. in summary an 18 years teenager who is under parentalcare should not invest into bitcoin, rather should focus on learning a skill and if he probably has a work doing after his skill,  then he can think of investing into BTC. otherwise he will end up making a wrong decision if he has no skill and trying to invest into bitcoin. we should be able to figure out when we are free to invest into bitcoin because bitcoin investment is not done when we are in a tight corner.

Your example seems to be different from mine, even though we might be making similar points.

My example was meant to be a person who is ONLY newly living on his own (without his parents), he may need to focus on building skills rather than buying bitcoin, yet he surely is going to have to consider his situation, and there might be more value to invest into building job skills or even getting educated rather than buying bitcoin.

The example of a person who is still under his parents could be a different situation if his parents might be covering his expenses, then he might have more abilities to buy bitcoin during that period that the parents are willing to cover his expenses.. that is if he has some kind of an income that allows for his having more income than his expenses.  Surely the relationships are going to vary in terms of how long a person might be able to live with his parents and also how much the young person might have to contribute to the expenses of the household.  There is no clear answer about whether young people are able to invest into bitcoin and also potentially to build his employable (and cash generating) skills and knowledge too.