Quote from: JayJuanGee on Today at 02:47:36 AM

Quote from: ArumiBTC on Today at 02:03:47 AM

Quote from: btc78 on March 11, 2024, 01:47:04 PM

We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.

I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?

I already "bet" with my life.
It will touch a million under 2040.
When I say "my life", means I plan to ride the wave from today's price to that speculation price.
Not financial advice.
Only a newbie sharing what he is doing.

Why would you be trading it (referring to your post in another thread), then if you believe that it is going to $1 million by 2040 (which by the way is not even that bullish of numbers, and maybe some folks would label you as overly conservative with your estimates).

I personally don't have any problems with being a bit conservative. Even my fuck you status chart that I have not yet updated with the new numbers (anticipated to be updated at the end of May or the beginning of June), show right around $875k-ish as the 200-WMA price in 2040, which is considered bottom prices.. so yeah, $1 million by then seems pretty damned conservative, even though none of us really know what is going to happen with any strong levels of confidence, even though we can still understand bitcoins general overall trajectory seems to be ongoingly UP, especially since it seems to be the most sound money every invented (or discovered).

One thing about being conservative in one's financial planning and investment is that it could help one to avoid unnecessary risks that could have resulted into a very bad choice or decision making and also it could also help to ensure a more stable financial future.

Yeah, I've gone through your fuck you money chart and I can say that it's a great tool for tracking one's progress and setting goals, even if it's not entirely possible to predict Bitcoin's future price movement, having a conservative estimate such as Your fuck you money chart could really come in handy to prepare one for any unexpected market fluctuations.

It's very crucial to note that having a conversative estimate of Bitcoin doesn't guarantee or mean that Bitcoin's trajectory may always be in a linear trend, there'll always be price fluctuations, ups and downs along the way. But just as you've clearly stated, Bitcoin's overall trend all these years has always been upward and Greens and the possibilities and potential of maintaining that attitude is very much there.
So one of the best ways to avoid getting caught up in the short-term market volatility is to have a long-term perspective of the market as well as a very solid understanding of Bitcoin and its fundamentals.