Quote from: tygeade on Today at 07:18:10 AM

Quote from: thecodebear on January 10, 2023, 02:27:26 AM

For those of you still trying to build out a Bitcoin stash you can be happy with, including those of you trying to get up to being a whole-coiner, this will likely be the last year you can make significant progress on that as it'll start getting real hard to accumulate tenths of a bitcoin when the price is mid five figures, high five figures, and in the six figures.

I agree that this must the last year where we could see the bitcoin prices trading below $20k levels. At the same time, I feel like it would be too early to speculate anything about six figures of bitcoin prices. Because, by history, bitcoin might need another halving to test anything beyond $100k levels.

I am personally into accumulating bitcoins for years as I never bother about the trends. Yeah, I have bought bitcoins almost everywhere from 65k to $16k levels in this current cycle.

Halving will surely make it go over 100k, we are going to not stay here for too long and the price will start to go up gradually, before the halving starts I believe we will go back to 50k levels, and after the halving doing another 2x will not be a trouble. Which is exactly why I am buying right now and will continue to buy until I can't.

It just means that if I buy so much, then when the price goes up I will be in that much profit. And we are talking about just this year, and this havling, and I am telling you, if I buy right now, and sell 2-3 halvings later, how much more profit that is compared to just this halving? That is why it's important to keep accumulating.