Quote from: bhooscream on February 26, 2022, 09:33:31 PM

Quote from: sushil on February 15, 2022, 06:33:55 PM

But is it really possible for bitcoin to achieve $50k by march?

No one really knows the Bitcoin price in the upcoming March, nor experts and experienced players in crypto investment. Everyone only predicts the possibility of Bitcoin price in the next few weeks or months based on their own knowledge. So, the accuracy will purely depend on how good the knowledge of the person who predicts the price is. But no guarantee whether the prediction will be true or accurate, the prediction can be wrong because of many factors, including the sudden news or issues spreading in crypto industry. But anyway, I myself can say that $50k isn't impossible to achieve.

It is not even just about the upcoming March, nobody ever knows the future of the bitcoin price beforehand. You could either say "up" or "down" and that’s it, there is a 50% chance you will be right. Doesn't mean that just because you got it right, you are a great trader. You could be right this time around and be wrong next one, or the one after that.

The only thing we hope is that we would be more right than wrong. We do not have to be right at all times, we just need to be right more often than we are wrong, and with more money. So in that case, we would be profiting. If I put up 10k dollars, make 10 more profit, and lose 5k, that means I started with 10k and ended with 15k, even after a loss. If you could do that, then you are fine.