Quote from: beerlover on Today at 09:12:17 PM

Quote from: iamsange on Today at 01:48:37 PM

Quote from: Chato1977 on Today at 04:29:54 AM

but seeing it now dropping to 16k again knowing that we are closing the year? I'm afraid that we will be failing to see at least 20k

but staying at 18k will be enough to close 2022 you think?

but more happier if 20k will be broken at least just this month .

I still have very full faith in Bitcoin, but for a price level of $20K in the very near future I'm still very hesitant to reach it, because Bitcoin still hasn't shown much better improvement than last year by the end of this year. So that makes me doubtful for the $20k price tag, but if it's only $18K I think it's still very relevant for Bitcoin to move on and get there slowly. Although many people will probably be very happy to see Bitcoin at $20K before the new year.

As long as you have faith in bitcoin, it doesn't matter when it reaches 20k as long as it reaches it, and same goes 30k or 50k or 100k. I believe that it will reach those levels, and it will make me profit quicker than stocks or gold or oil futures whatever else could bring. This means that if I put every dollar I save into bitcoin, that can make me richer and that matters.

Unfortunately we are not all lucky in life and I do not have a lot of money, so I can't invest too much, and I would need at least 2 maybe 3 more cycles to get rich, but I know that it has been doing well enough so far that I am better thanks to it, and maybe it won't be 20k in a week, but I know the future is better than anything else I can invest into.

This is where risk management would take place since not all would really be having that kind of confidence and considerations on the time that they do make out some crypto investment.Bitcoin had been long time
been trusted considering that it had been sitting around +decade on being #1 on overall marketcap which does signifies that there's really a demand.Thing here is that we do know that market cant really be bullish forever or something that on increasing phase or moment which you should really anticipate and expect that there would really be situations like this.
You cant just forsee it out that it would really be hitting those huge prices or value.Yes, it does have the potential but doesnt mean that it would really be going that way most of the time.
This speculative market does have that lots of or been flooded out by lots of predictions and speculations which it isnt something new.