Post
Topic
Board Speculation
Merits 1 from 1 user
Re: BTC 100K FOR 2024 !
by
naira
on 25/07/2023, 15:19:08 UTC
⭐ Merited by JayJuanGee (1)
These are good points too... so yeah, if we have been in bitcoin for a while then we may well have been stacking sats for a while... but if we are newer to bitcoin, then it does seem like it would be a good time to get into BTC - even though no one really knows the future with any kind of level of certainty... so there is a kind of dynamic that they might well end up becoming more bullish about BTC later down the road, after the BTC price runs up for a while - which surely is not as good of a time to be buying bitcoin as now, but people will do what they can, and sometimes get emotional about their failure/refusal to get sufficiently aggressive earlier in the cycle.. such as now.. as compared to later down the road.
And this is where the most interesting point is, when people dare to bet on gambling then why not dare to bet to invest Bitcoin for the future. I always make such comparisons when many people, including family and close relatives, are basically no strangers to the world of investing or getting into the world of gambling. I always challenge them on the strong pretext of Bitcoin, the trick is that they allocate 2 budgets (1 budget for gambling and 1 budget for investment), taking a term every 3 months.

After that we discussed who had survived and who had fallen into the abyss of loss. That's how to motivate my next of kin to be more investment sensitive in this particular way to specialize in Bitcoin. Do you know that for the past year and a half I managed to prove it. LOL

This is only a small part of the evidence where when we are sure and know how important long term investment is as a lesson for others and especially for ourselves so that we can appreciate whatever amount is cultivated since childhood, it will gradually become a pile of beautiful hills.