Post
Topic
Board Bitcoin Discussion
Re: ALL IS NEEDED
by
Lucius
on 20/10/2020, 13:50:41 UTC
A whole Bitcoin it's what is all needed before the Next Bull Run Peak.
In order to Sell it High
&
Buy back more than just 1 BTC at lower price levels of upcoming bear market.
One thing for certain is that Bitcoin will have a NEXT PEAK, and after that NewATH is reached, a deep correction of -80%-90% in price will occur as a gift from Bitcoin to us to accumulate more [based on previous Data's Bitcoin has given us as clues on price correction]

Why would 1 BTC have to be some kind of magic number? So if someone discovered BTC just a few months ago like you and you live in a country where $10 000+ is a huge fortune, there is no point in burdening yourself with impossible things. We also cannot be sure how much correction there will be after the next ATH, these are all just assumptions based on past events.


Now it seems like Bitcoin will never again fall below 10K area, and that's why the term 'I'm too Late' pops-up.
Not too late in the sense of Bitcoin's mass adoption because we are still in early stages, but too ate in sense of accumulating and buying Bitcoin.

Never say never when it comes to Bitcoin, it can happen in the next 24 hours or 24 months, it all depends on what happens in the global market - because if stocks, oil and even gold fall sharply again, Bitcoin will certainly react very negative. While it is true that Bitcoin is still in its early stages, this of course cannot be said for a price that has experienced an incredible jump from the genesis block. Just as we commented on this forum 5 years ago that anything under $1000 is a cheap purchase, now we might agree that anything under $10 000 is also a cheap purchase, and in 5 years it might be the same for the $100 000 price tag.

Had I been someone who was blessed to buy at those price areas, I would've helped my poor siblings and blood relatives from my family tree to live a more decent life and never worrying about cash anymore in this f*cked up country I live in.

Instead of thinking about things like this, maybe you should focus on the future and what you can do to improve your life for the better with the help of Bitcoin. If it is at all possible to make an accumulation plan for a certain period, try to find a job (or a better paid job), and if you do your best, this forum will give you the opportunity to earn some coins by learning and helping others.