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Author Topic: What can we do to make Bitcoin hit $100k  (Read 942 times)
CoinMin3r
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June 04, 2024, 11:55:05 AM
 #101

The only thing we can do is either we wait patiently until it reaches $100K itself after certain period of time or we have to buy them all and don't sell under $100k. Otherwise we don't have any such power to make it happen. Only market can decide/make such thing.

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Cryptomultiplier
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June 04, 2024, 01:18:10 PM
 #102

It doesn't seem like there is, just be patient, we are just small fish in the ocean. Unless you are a whale with large capital and can move the market, maybe you can take Bitcoin to the $100k level. or you are a retailer that unites with millions of people and buys simultaneously..lol... it seems like the two possibilities above are quite impossible. So the best thing to do is be patient and continue to accumulate your bitcoins. Cheesy
Apart from having to remain patient and collect Bitcoins, this must also be accompanied by not frequently selling at low prices after Bitcoins have been collected because currently I see that there is still a tendency for some people to panic when they see the Bitcoin price being corrected. Meanwhile, for those who hope to see a price of $100K on Bitcoin, of course they should not panic and should not hesitate to hold it for the long term so that they are not affected by price correction conditions that cause them to sell at low prices.
I should suppose that these people in reference have other means of income and don't rely on the bitcoins they currently receive, because if otherwise, then, many of the individuals who currently receive payments for transactions and survive off the gain from immediate sales P2p or trade on exchange platforms, has to find other means of earn and reduce their reliance on Bitcoin they have for now.

Well, the best security and wallet safety process should be a target point to hit to these school of thought and am sure this can help publicize Bitcoin and gain investors more, mostly after the ETF approval.

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June 04, 2024, 01:30:26 PM
 #103

The only thing we can do is either we wait patiently until it reaches $100K itself after certain period of time or we have to buy them all and don't sell under $100k. Otherwise we don't have any such power to make it happen. Only market can decide/make such thing.

You're right the only thing we can do is to keep holding our bitcoin, though this is not going to happen in  the near future. rather is going to take some years before bitcoin value can get to that amount, moreover this process is going to require a lot of patience to hold on to it till when the right time comes. however the only way to go about this is when we have a stable income that we can use to sustain ourself and also the family as well, this will enable us to leave our bitcoin untouched till when the price of bitcoin hit $100k.

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June 04, 2024, 01:35:53 PM
 #104

The price of bitcoin of course always goes up from time to time and if we look at the price of bitcoin like 2011 of course the price is still cheap but what is certain is that btc always makes new ATHs but of course corrections are always there but what is clear is that the price of bitcoin that I know has never disappointed its holders as long as they are patient.  So basically you have to be patient because of course getting BTC to price $100k definitely requires a long process.

but of course another way to make the price of BTC rise to $100k is of course there must be lots of people who buy BTC and people who have bought BTC don't sell it for less than $100k, so with that the price of BTC will definitely be $100k. but if you look at the price of BTC now, in my opinion, to reach the price of $100k, of course you can say it won't be too far as long as lots of people buy BTC and maybe next year the price of BTC will have the potential to reach $100k if lots of people buy it and always there is positive news about btc.

Everyone who invests in BTC definitely wants BTC to continue to rise and definitely wants the BTC price to be more than $100k. and of course people who invest in btc for the long term want the price of btc to rise to $100k or more and of course btc investors can only wait patiently for the price of $100k and that in my opinion is the right way.

R


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June 04, 2024, 01:39:29 PM
 #105

I have always been thinking about what we could do to make Bitcoin hit a tremendous amount.

Is there anything we could do??
If you want, gather these people: 13 Richest People in Crypto in 2024


And tell them to buy Bitcoin in large amounts, tell them to hold it for a few months, if they want to do that I'm sure Bitcoin can reach the $150k level.

If you are like us, peanut investors, all you can do is wait for the time when Bitcoin will reach the level you want, but don't get your hopes up, but believe that one day the price of Bitcoin will reach $100, I don't know When is ithappen, but rest assured it will happen.

R


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June 04, 2024, 02:25:32 PM
 #106

The only thing we can do is either we wait patiently until it reaches $100K itself after certain period of time or we have to buy them all and don't sell under $100k. Otherwise we don't have any such power to make it happen. Only market can decide/make such thing.
The only possible here is just to continue being patient all the time as we cannot force bitcoin to reach $100k in an instant. The more bitcoin gets volatile, the higher the patience we need to endure. In the end, we all know that bitcoin will eventually hit that amount, the only problem is that there’s no certainty as to when it’s going to happen so definitely, patience is the key.

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June 04, 2024, 03:20:06 PM
 #107

It doesn't seem like there is, just be patient, we are just small fish in the ocean. Unless you are a whale with large capital and can move the market, maybe you can take Bitcoin to the $100k level. or you are a retailer that unites with millions of people and buys simultaneously..lol... it seems like the two possibilities above are quite impossible. So the best thing to do is be patient and continue to accumulate your bitcoins. Cheesy
Apart from having to remain patient and collect Bitcoins, this must also be accompanied by not frequently selling at low prices after Bitcoins have been collected because currently I see that there is still a tendency for some people to panic when they see the Bitcoin price being corrected. Meanwhile, for those who hope to see a price of $100K on Bitcoin, of course they should not panic and should not hesitate to hold it for the long term so that they are not affected by price correction conditions that cause them to sell at low prices.
the main thing we should tell our people is to not panic in any situation they seems bitcoin price, basically bitcoin price is something that's not constant and when looking at the price it's also unpredictable so basically when we are investing in Bitcoin we should not because people is investing and we join without making our our research.

Many people at this time have be misleaded because they are curious to invest why they don't know the element of what they invest on, so bitcoin investment should be the major thing we all queue on, so it's encouraging to know when to invest and when not to invest in cryptocurrency mostly in Bitcoin.



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June 04, 2024, 03:33:10 PM
 #108

Always pray that good news always comes and prepare your funds to buy every dip that comes and this, even though it is considered very small, our participation is at least enough to help the growth of BTC, if there are 100 people at any time continuing to buy with new purchases, it is certain that BTC adoption will continue to increase and what will happen? Many people hope it will come true soon.

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June 04, 2024, 06:03:18 PM
 #109

All you have to do is to be patient. A time will come when bitcoin will not fall lower than $100000. Do not expect bitcoin to get to $100000 just very fast. It can take some time before that would happen.
Op doesn't know that it can arise some concerns and suspicion of market manipulation among investors should bitcoin hit a $100k in that speed he is expecting it to be. All what we have to do now is to keep on with the hodling  and accumulating culture while waiting for something of a positive news to set into the market as it is  part of the forces that drives up bitcoin price.

The question on what we can do to make bitcoin price hit 100k makes it sound as though op is not enlightened that bitcoin is a decentralized cryptocurrency and it's only centralized currency that the regulators come with such suggestion on ways to manipulate it to their interest.



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June 04, 2024, 06:35:17 PM
 #110

Always pray that good news always comes and prepare your funds to buy every dip that comes and this, even though it is considered very small, our participation is at least enough to help the growth of BTC, if there are 100 people at any time continuing to buy with new purchases, it is certain that BTC adoption will continue to increase and what will happen? Many people hope it will come true soon.
Do we need to pray for any good news if we are patient enough and wanted to hold for long? I think NO.

The only thing we need to do just as others has explained is to buy now when the price is still reasonable and hold patiently for long until you meet your target for selling your Bitcoin according to your plan.

Price manipulation cannot do anything with Bitcoin price and we just have to wait because we don’t need to rush when it comes to Bitcoin; we only pray for good news when we invest on altcoin.

R


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Uhwuchukwu53
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June 04, 2024, 07:25:23 PM
 #111

What to do in my opinion is to continue buying, accumulate and hold as many you can don't be forced to sell by challenges and let people around you who may have interest to invest know the reason and why they should invest on Bitcoin if they are convince as many investor come in such dream will speedily be achieved.

Though one don't need much work as long as we hold and keep accumulating before the Bull run it's possible to hit the target.

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Maslate
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June 04, 2024, 09:18:39 PM
 #112

All you have to do is to be patient. A time will come when bitcoin will not fall lower than $100000. Do not expect bitcoin to get to $100000 just very fast. It can take some time before that would happen.
Exactly. There’s no other way but to be more patient and focus on positivity because in the long run, seeing bitcoin hits $100k or above will be highly possible. Regardless of how volatile bitcoin is, still it never fail us in seeing slight but consistent progress along the way. So quitting because we are losing at some point is never the best option, but continue hodling while bitcoin is providing us consistent opportunities to make it big in the end, and just stick to what we have set goals from the very start.

R


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GeorgeJohn
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June 04, 2024, 10:29:40 PM
 #113

What to do in my opinion is to continue buying, accumulate and hold as many you can don't be forced to sell by challenges and let people around you who may have interest to invest know the reason and why they should invest on Bitcoin if they are convince as many investor come in such dream will speedily be achieved.

Though one don't need much work as long as we hold and keep accumulating before the Bull run it's possible to hit the target.
the thing is that bitcoin has already has a name, and for bitcoin market to hit up hundreds thousand [100k] it should be as result of investors coming in massively in cryptocurrency industries or investment, so what I know very well concerning cryptocurrency skyrocketing in price is due a new brand company embraced Bitcoin as a means of payment and purchasing of their products, secondly, when the demands is higher than the supply in cryptocurrency market it helps for fast acceleration of the price.



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June 05, 2024, 12:10:32 PM
 #114

If you have a full budget that invests in bitcoins until you reach $100k, do not worry and wait patiently. If we don't assume that Bitcoin will reach $100k by the end of the year or early next year then if you have more money to invest then you can start preparing for Bitcoin investment for the next six months from today. There is one more thing you can do until you like the target. You can get see daily bitcoin market updates and check daily if your wallet is safe.

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June 05, 2024, 12:24:28 PM
 #115

If you are just a small investor in all crypto currency, the only things you can do is to wait, for big companies to fully use, bitcoin and other crypto currencies right now, blockrock grayscale, and more are slowly, moving towards crypto, but it does not mean its going to just push the price things are going to get wild, and you should be ready.

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June 05, 2024, 12:32:42 PM
 #116

The only thing we can do is either we wait patiently until it reaches $100K itself after certain period of time or we have to buy them all and don't sell under $100k. Otherwise we don't have any such power to make it happen. Only market can decide/make such thing.

It won't go anywhere if the whole market starts waiting patiently because for markets to move, there needs to be buyers and sellers at all times. So for Bitcoin to move forward, we need more demand which is how there will be more people willing to buy Bitcoin at a higher price to fill their demands, we also need sellers who would be ready to sell their assets at that price. Besides, even if a part of the total Bitcoin holders keep holding, there will always be some people willing to sell, this is why the market is always active.

Keeping these things apart, I believe we still have some time for the market to move towards that target. The price of Bitcoin by the time of writing this is below $70k, and we have seen it being stagnant around this area for quite some time now.

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June 05, 2024, 01:36:08 PM
 #117

All you have to do is to be patient. A time will come when bitcoin will not fall lower than $100000. Do not expect bitcoin to get to $100000 just very fast. It can take some time before that would happen.
Exactly. There’s no other way but to be more patient and focus on positivity because in the long run, seeing bitcoin hits $100k or above will be highly possible. Regardless of how volatile bitcoin is, still it never fail us in seeing slight but consistent progress along the way. So quitting because we are losing at some point is never the best option, but continue hodling while bitcoin is providing us consistent opportunities to make it big in the end, and just stick to what we have set goals from the very start.

You're right waiting patiently until it hits $100k is only the best thing we can do, apart from being patient to hodl i think there's nothing else we can do to increase the value of bitcoin to that extend. Seems op is targeting the price of bitcoin to reach $100k before he can sell his bitcoin, actually with the current movement of bitcoin i think bitcoin can hit $90k in the near future, right now as we speak bitcoin has increased to $71k. However did you think bitcoin can reach $90k by the ending of this year?

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June 05, 2024, 01:57:42 PM
 #118

I have always been thinking about what we could do to make Bitcoin hit a tremendous amount.

Is there anything we could do??

I believe if there's something we have to do just to see Bitcoin hit any amount we want I think we would have done it a long time ago even before the halving. You can't beat the market movement to where you want it other than hope and even pray if you feel like because I don't think you can do anything other than have patience just like you're waiting for a bus at the bus station.
Is a gradual process even if some of us want it to be very fast to get to $100k and I don't see why we should be in a hurry, since Bitcoin is here to stay I believe it will get past that $100k. The main thing you should be concerned about is how to get your investment right on track that's if you haven't started yet.

R


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LLBITCRYPTO
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[
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June 05, 2024, 11:41:35 PM
 #119

The only thing we can do is either we wait patiently until it reaches $100K itself after certain period of time or we have to buy them all and don't sell under $100k. Otherwise we don't have any such power to make it happen. Only market can decide/make such thing.
I agree with you, because by waiting for the momentum of the price to return, as long as the money invested is free money and does not include emergency I think it can further divert the focus from the multiples that are owned especially in minus.

Bitcoin provides evidence that the time period so far can return and exceed it even in 5 years each phase. Indeed, there is a temptation to sell and hope that some people will sell to dump how many %, but market forces and fud twists are sometimes very felt in the bitcoin rally especially when there is consolidation.

I think patience is important but the existence of trading / storing other coins can be a means to ease the mind so as not to hope too much on the soaring price of bitcoin especially in a short time, it can happen but bitcoin is the best asset price.


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June 06, 2024, 03:31:37 AM
 #120

I have always been thinking about what we could do to make Bitcoin hit a tremendous amount.

Is there anything we could do??
The only thing you can do is buy as much Bitcoin as you can afford and then save it until the price of Bitcoin has reached or passed the $100k mark. Bitcoin value cycle is always based on supply and demand, you cannot drive Bitcoin price movements instantly without the help of whales. Bitcoin has been proven to be able to survive negative storms and viruses generated by people or groups who oppose Bitcoin. Your level of confidence in Bitcoin price growth can be channeled through a profitable process, you can collect Bitcoin depending on the strategy used so far in preparation for welcoming the new ATH.

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CRYPTO WEBNEOBANK
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