It seems to me that the road to $100k is also short term, unless you happen to already have had been in BTC for a couple of cycles or more, then you have more freedom to do what you like, so my thinking is that there is no need to have any specific price target in the first 4 years or even longer, unless you happened to have been able to front load your investment and overaccumulate, but for the most part, long term investment is more than merely having a price target such as $100k or some other price target that might be higher up
Exactly that why aim isn't $100k , though reaching $100k would be an epic Event . But now I've to focus in building a better portfolio, by accumulating more bitcoin with the use of DCA and other related strategy. Well so far I can see some good progress in my Accumulations which shows that hard work truly pays. Was thank to those who has been impacting in me concerning Bitcoin long-term HODLing. I was able to get this far but still there's still more to be done in my Accumulations, so yeah $100k is definitely a short-term goal expecially for those who are low coiners . As a low coiner if you are too eager to withdraw your investment you may endup not yielding a better profit or return and same time endup messing up your investment.
You have to take risks when it comes to investing, especially Bitcoin. You have drawn attention to the past price chart, in this case I think it looks positive to take a lot of our experience from the past. It is important that you practice the positive as well as the negative aspects of investing.[/quote] well it is true that before going to any investment you must first possess a good risk tolerance before embarking in any investment. But the way sounded about the risk in Bitcoin you sounded like you where referring to shitcoins. Yeah there's risk in investing in bitcoin expecially those that are in for only short-term profit. But one thing you should know is that managing Bitcoin risk is way easier than managing others (shitcoins) . For instance one setting a long-term goal in Bitcoin as already taken a step in minimising the risk in Bitcoin, because Bitcoin is a coin with the potential of massive growth.