Quote from: GigaBit on Today at 01:24:38 PM

Quote from: Taskford on Today at 08:03:37 AM

2024 is really promising since it might open up some great insights regarding what the future could bring that's why maybe there's a lot of excited people speculate and see your point as brilliant one.

There are some people who target various events and try to invest with the aim of making quick profits. But I think Bitcoin holders have a completely different motive. Bitcoin holders don't care about short-term profits. Many who invested in depending on Bitcoin ETFs approval may be they worried as the current price of Bitcoin drops. But a Bitcoin holder can be completely tension free in this regard.

While holding a certain amount of Bitcoin on a weekly or monthly basis for long-term purposes does not guarantee good returns but we can assume that an investor can get the desired returns.

I don't care about short-term profits because I aim for short-term profits. If people experienced times in 2013 when the price of Bitcoin was still very low and rose very high in 2017, that would make them hold onto their Bitcoin again. They will aim for long-term profits.

If they invest in Bitcoin because of the ETF approval, they will probably sell Bitcoin when the price is over $60k but short of $100k. That has provided huge benefits for them. But they will regret selling too quickly when the price of Bitcoin could exceed $100k.

But that's okay because at least each investor already has a plan. They will continue to carry out their plan to get the biggest profit from investing in Bitcoin. Hopefully, we can still be patient waiting for the price to reach its new ATH above $100k so that the waiting time we are doing now can make us satisfied with the profits.