Post
Topic
Board Bitcoin Discussion
Re: Treating bitcoin as a teenager.
by
legendbtc
on 11/11/2023, 07:13:04 UTC
The high expectations should be moderated so we can be able to appreciate the milestone growth bitcoin price has made. Commensurable with its age bitcoin price is doing great and only those who are not highly expectant setting their price  scale at a great distance of 100k, 150k, 200k will care to appreciate the feat, some even predict as high as $1M in the next bull run and when the price doesn't go even close as expected they complain that the performance of bitcoin has been poor.
Since the anticipation of a new all-time high in bitcoin has been mentioned in this forum and on online platforms, I have exclusively considered bitcoin as an investment that I am confident will provide a decent return. I don't set or expect the price to achieve a specific figure; all I know is that bitcoin will surpass its present all-time high and establish a new value that no one can predict. To decrease the likelihood of disappointment, I remind myself that anything I invested in bitcoin before to the bull run would have yielded some profit, which is fine with me. Setting price standards for bitcoin will only leads to dissatisfaction of bitcoin performance which is not yet old to be expecting wonders from it.
Do not expect a specific figure, but it is true that we are going to see higher, and most probably higher than ATH as well. Which means that, if you wait for a while, in the next 2 years, we are going to see above 70k. That is what I can say about bitcoin, that is a good thing, expecting it to grow to more than double in the next 2 years is as good as it gets and should be fine, I get that it is not going to be all that shocking, because people are already expecting that.

The fact that we all know that we are going to make more than double of our money, maybe quadruple of our money, in the next two years, is a big deal and should be important in the end. I personally do believe that it is going to be fine, and should be noted down eventually.

One is that we should not expect a number that is too high compared to what is happening and should be satisfied with what we get. Second: we should set a specific goal and only sell bitcoin when we reach the goal, and of course, we should not set a specific time for our goal. Because we all know that no one can predict the future and we are no exception. My goal and plan is that I will only sell when bitcoin reaches my goal and I am willing to wait until the 2030 bull season if this bull season fails to reach my goal.