Post
Topic
Board Bitcoin Discussion
Re: Elon Musk Sees Bitcoin Price Reaching $69,000
by
tbct_mt2
on 25/10/2021, 14:14:37 UTC

Elon Musk is a genius to hype the market with his tweets.

However, $69k is too low price for Bitcoin. It will have price above $100k from now to 2024. If you invest in Bitcoin with price under $20k, you can consider to take profit if you are fearful that Bitcoin won't be able to achieve price above $69k.

I recommend to take profit 80% of your Bitcoin if you are fearful like that, for 20% Bitcoin, you can wait for price above $100k. If Bitcoin fails to get it, you can use your money from 80% part to DCA in the future. Good enough.