Quote from: Bd officer on March 05, 2024, 01:45:32 AM

Quote from: Tipeform$ on March 04, 2024, 11:47:04 PM

We see that Bitcoin has already crossed $68,000. Only a short time left to reach the all-time high. But we might see a new Bitcoin ATH as soon as today. Currently the price of bitcoin is $68172 very soon we will reach 70 thousand dollars. The way the market is growing, the market may reach $100,000 before the upcoming bull market. Those who invested between $15,000 and $17,000 have seen huge gains today. So one should never fear investing in bitcoins it is better to go ahead without fear.

The way Bitcoin price is going up looks like it will cross the ATH very soon today. Yes, there is no need to be afraid to invest in Bitcoin. Those who invested at peak prices in 2021 are also almost recovering their losses, and will see profits after a few days.

After Bitcoin price crosses ATH, market may give down. Bitcoin is currently at $68300 plus. No one can accurately predict the market, let's see how much Bitcoin price rises before the halving.

There was indeed a massive selloff when Bitcoin hit the $69,000 former ATH yesterday. I never knew that there were these popular expectations that it would fall significantly after reaching the ATH but actually did so. I might have not believed it because there is no modality for the market to behave that way, it is not a must. Nonetheless, what I believe is for the corrective sake, Bitcoin moved so significantly and lower with an almost $12,000 drop witnessed within a few hours of yesterday. That was massive and highly unexpected by me. This is why no one should ascertain certainty about Bitcoin or any asset but always manage their portfolio accordingly. As it is now, the correction has been done so well, Bitcoin is breathing the fresh air again and we can expect it at a level above $70,000 before the end of this month.

However, contrary to the advice you gave to the OP, I think it is too risky. The higher the price of an asset, the less favoured the investor could be. That is why it is good to strike the market at a low price and sell at a high price to avoid being in a disadvantaged situation. What matters the most now is a cautious approach with Bitcoin, and you can imagine the advice you gave, if the person is not careful enough, such could be at losses for long months because we do not know what the market would do for sure. For investments, as less risky as it is for HODLing, no one would make that huge return from Bitcoin at this current spot, so a cautious approach is needed even as the person manages the account properly.