Post
Topic
Board Speculation
Merits 1 from 1 user
Re: BTC 100K FOR 2024 !
by
Nwada001
on 30/07/2023, 09:50:08 UTC
⭐ Merited by JayJuanGee (1)
from my previous experience, I never felt disappointed with the expectations I had from bitcoin, especially when the halving came. Either there may be different experiences felt by others, or either my expectations are not as great as others as you say.
That is because you have not really had too much of an expectation. Let us say, for instance, that you expect the bitcoin price to be circulating at the range of $100,000 at the beginning or 3rd quarter of 2024, which makes you invest heavily more than you have planned for with the hope of getting a huge profit when the price hits your expectation on that presumed date, but the reverse becomes the case; instead of seeing $100,000, you are seeing below your entering price, which will be a loss on your side. In such a scenario, we could see that having high expectations has actually led to disappointment.


Quote
When the bullrun arrives, it is a bonus and achievement for people who spread wait and continue to buy when the bear market occurs, and not only is it a bonus from doing that, it is also a price paid for loyalty in holding bitcoin for a long time. We will see 2 people when bitcoin reaches its ATH, the first those who smile, and those who regret. I'm sure you know what I mean.  Grin

There is always a reward for those who know what they want and remain determined to achieve it. Spending so much time thinking about how much bitcoin could be accumulated and working towards that goal is better than spending so much time thinking about how much could possibly be made in a short period of time using bitcoin as the medium. When we focus on buying and storing, we happen to see profit most times when we least expect it, which is what I believe you mean by bonus and reward paid off.