Quote from: Sexylizzy2813 on Today at 10:43:51 AM

Quote from: GigaBit on Today at 09:57:55 AM

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Honestly I thought by now we would be having Bitcoin price at $100k before the halving period but it seems to be on a slow mo and no rush,

I'm gonna beat up upon you some more, but you seem to deserve it. To "for sure" believe that BTC prices would be at or near $100k is a bit ridiculous, and it seem to be the opposite in regards to whatever any newbie should be wanting, especially if they were an investor rather than a trader or a gambler wanting a quick buck and to try to play some kind of a bitcoin wave.

You can be what you want, but it seems the better path is to consider a long term horizon, especially anyone in bitcoin less than 4 years, and look at your forum registration date (nearly a year and a half into bitcoin). If you had been aggressive from the start you would be in a pretty good position, and surely it is not easy to be so spoiled in terms of the BTC price going up the whole time that you had been registered on the forum.

And, no I am not just talking to you, but I am talking to all of the guys/gals who got into bitcoin in the last year and a half.. you have been spoiled by bitcoin's price going nearly exclusively up...and yeah, maybe quite a few of you made the mistake by being overly whimpy in the way you started to invest into bitcoin, and I cannot really blame you since psychologically, bitcoin has been in pretty low historical places, especially in reference to the 200-WMA.

Maybe I have a hard time relating?

Probably the best thing to do would be to continue buying, yet perhaps there are a lot of relative newbies who are sitting on their hands and waiting for a payoff to the upside, rather than what probably would be the best the to keep buying and not be overly focused on short term prices.. and yeah maybe if BTC prices get to $200k or more this year, or maybe $400k or more next year, then perhaps at that time, you might have to reconsider if you are going to buy or if the price might be overheating..

not that I am suggesting to sell, but I realize that there can be a bit of a dilemma to continue to be buying bitcoin during your first whole cycle, which probably is the solution in terms of getting to a point that you are not overly obsessed about relatively small short term price moves, especially given the likely size of your BTC stash (unless you had been able to greatly front-load your BTC investment in the last year and a half.. yet I am not even sure if that is enough.. remember Micheal Saylor seemed to have had front loaded his investment in mid-to-late 2020, and he seems like he can never get enough - but then maybe he is not a typical example in terms of his being a bit of a psycho.. .. yet I think that the point still stands that it is not unreasonable for any normie to largely be focusing on stacking sats for their first whole cycle and maybe even longer than that, depending on their financial situation..

Quote from: Sexylizzy2813 on Today at 10:43:51 AM

investors are currently looking for the right time to smile to the bank

You seem to be talking about traders, not investors. Investors do not need any kind of short term reward like that. Think about Tim Draper who bought around 30k bitcoin for around $600 each in mid-2014.. He looked like a fool for more than 2 years, and it seems that he mostly still continues to hold those coins rather than trading them. Sure, he might move some value around from time to time, but investors will be playing for terms that go quite a bit beyond just one cycle.. so you seem to be misusing the term "investor" and thinking about yourself wanting to sell some (or maybe all your BTC) and hopefully, for your own good, you don't end up selling too many too soon. .that happens to a lot of newbies who act out of emotion and think that they are going to outsmart BTC price moves.. and think they got it figured out (how to play the wave.. blah blah blah).

Quote from: Sexylizzy2813 on Today at 10:43:51 AM

but waiting till it gets to $100k is still a win win and a better profit.

speak for yourself.

Quote from: Sexylizzy2813 on Today at 10:43:51 AM

No time is too late to start investing even though the price is taking it's time to go back to $70k, those holding can still hold because Bitcoin price is heading to a positive way that would some how hit $80k before the end of this month but can the high transaction fee be an obstacle to withdraw when Bitcoin price is right on track like to a $100k+? Because I see it as a means of slowing down business if it continues.

If you are just coming into bitcoin now, and you want to prepare for UP, then you have no choice except to buy.. the same will be true at $70k, $80k, $100k and even at higher BTC prices.

You have more freedom the longer that you have been into bitcoin and perhaps the more coins that you were able to get earlier.

One of the problems that applies to a lot of people is that they are not able to front load their investment, so even if they have been in bitcoin for a year or two or even longer, even if they are trying to be aggressive with their bitcoin investment, they may well were not able to accumulate a lot of bitcoin during the time that they have been in, so they likely are going to just need to continue to buy bitcoin regularly and even if the BTC price keeps going up.. because there is really no knowing if the BTC price will come down or not.. so then one of the questions is regarding if you have enough BTC, and if you don't have enough BTC then the most logical desires would be for the BTC price not to go up too quickly and to continue to buy, since I doubt that selling is a solution for those who do not have enough BTC..

and how long will it take to have enough.. ? 10-15 years or longer? How long it takes partly depends on how much disposable income a person has, how aggressive they are able to be without over doing it and perhaps also whether they have other assets in which they are able to front load their BTC investment rather than merely relying on disposable income amounts as that comes in... which sometimes can take a while to really build with those kinds of levels - maybe 5% to 25% of his income. but even that would be difficult, and sometimes people struggle to dedicate in the ballpark of 10% of their income towards investing/savings (and here talking about putting such amounts into bitcoin).

Quote from: Marvelockg on Today at 12:05:54 PM

Quote from: laijsica on Today at 09:44:07 AM

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you know that at the end of the day, it's not even about Bitcoin getting to $100k or above that should be your problem, if you don't have a good chunk of bitcoin, regardless of the bull that's coming, it wouldn't make any difference at all and if you intend selling the little fraction you've been able to accumulate, you will end up spending most of it on fees which is damn unreasonable.

There is a popular phrase that goes thus, "when opportunity meets preparation that's when success is certain. Before you spend all your time wishing that Bitcoin goes high up to $100k or above, you've got to make sure that you've been able to buy as much Bitcoin as you can at different times using either your DCA methord or buying at any dip you're previlaged to witness and within past months, we've seen several corrections that have all given investors the ability and previlage of buying at low prices and even if you where able to buy during those special dips, it doesn't still mean that you should sell off your holdings once bitcoin gets to $100k as long as you've not stacked up a good quantity of bitcoin that would put you in a possible fuk you status where certain bulls can make you take part of your profit to sort out things that's best known to you, for the ones that are still at the accumulation phase, you shouldn't be too eager to wish that bitcoin will go all high to the moon cause the direct implication of that is that you will have to buy less amount of Bitcoin with a bigger amount of fiat since it isn't reasonable in itself to start selling your holding when you should be buying more bitcoin. And yeah, DCA merthord is good for long term investors but it doesn't protect you from any thing. It only helps you remain consistent with your buying over a long period of time such that you don't have to wait till you have it all before buying your Bitcoin.

Well said.. This also would have had been a good response to SexyLizzy. In sum. .it takes a long-ass time to build up a bitcoin holdings, even if you have been being fairly aggressive in your bitcoin accummulation for several years.