Quote from: bSpend on Today at 08:34:03 PM

Quote from: Honyek on January 29, 2024, 01:29:14 PM

l planned to invest some of my money in bitcoin and live the investment for a long time. l may or may not wait till the end of the bull run before l sell almost all or all my investment, depending on the outcome of things along the path. My target is to make reasonable and good profit at the end of it all.

If you haven't and want to invest in bitcoin, then you are still a bit early, though the price of bitcoin have risen to a significant height compared to what the price used to be through out the beginning of last year till the end, and even at the beginning of this year, but there is still room for much more growth, we are not in the bull run yet, and when we finally hit or enter the bull run, rest assured that we will see bitcoin reach and even go above $100,000, if you can buy up to 1 bitcoin right now, you have a potential $40,000 profit or even more, when it hit 100,000 which it sure will.

I cannot say it’s early nor late but if you want to invest now, you are just right on time. Bitcoin halving and bull run are still few months away so you still have a lot of time to invest and back up with DCA. Don’t wait for bitcoin price to drop down or show some price decline because even us don’t have no idea when it will happen. Just buy and hold on your spare money. While bitcoin investment is highly profitable, but we should learn to invest with caution. As long as it’s market remains unpredictable, then no one can tell what the future holds for bitcoin.