Quote from: Odohu on January 25, 2024, 03:59:18 PM

Quote from: Troytech on January 25, 2024, 10:16:13 AM

While we may well be aware of this, we can't always use the past to judge or anticipate the future and saying something as bold as 100% chance is as tho

Anyone thinking that there is any 100% certainty about Bitcoin price prediction is probably new to the business because the experienced people know that there is no such things as 100% certainty. We can use past data to guess the future and it could be right or wrong, this is what we are expected to bear in mind to be able to make informed decision and not act in a manner or take actions that may lead to regrets and tears.

Even though we do not know what the future will be for Bitcoin, it is our expectations that at some point in the future it will become more valuable than it is today, the reason we are buying and holding it while keeping open mind to various possibilities that might unfold. It is obvious that Bitcoin has become more popular, more accepted and looking more promising than it was in the past and these are indicators that it is worth owning.

The method of buying and how to many the bought Bitcoin is more important than knowing what the price will be tomorrow, next tomorrow and so on, hence the reason I chose to follow a method that will not require me bothering about the price of Bitcoin. As a long term investor, the price of Bitcoin should be the least thing to worry you at this point even though it feels good when you see the price rising and your portfolio in good profits.

Being expectant is not bad as a bitcoiner but being sure of your expectations is not guaranteed, Bitcoin price as you said is not fixed, it changes from time to time, that's why people who know more about the system prefers long-term holding because this is the period in which every bitcoiner keep accumulating and waiting for the expected time to come.
There are people who really understand this bitcoin and the market itself, these set of person work with the mindset that bitcoin can only depreciate in price for a while but the value remains and because of this they keep positive mind and continue doing the needful.