Post
Topic
Board Speculation
Re: Be patient and you will be there soon.
by
lizarder
on 29/07/2023, 18:07:27 UTC
If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.
Patience and calm is the path that will lead us to the desired stage, when you are one of the long term holders then the journey of bitcoin is not a problem because what we hope for is a path to ATH. When we don't try to increase the amount of bitcoin holdings we have, therein lies the disadvantage because even if the price of bitcoin goes up but the holdings we have are still small enough to turn a profit when bitcoin reaches ATH. If you intend to sell at the current state, the profit will be much smaller due to the purchase or accumulation you took $20k.

What we need to think about is how to collect bitcoins with the financial conditions that we have are unstable because after all, people's current conditions are quite difficult to get money to meet their needs let alone try to invest. Bitcoin is almost approaching its four year cycle where it is this step that many people are waiting for to get profits and the question is how can we get big profits in these conditions.