Quote from: Cryptoprincess101 on Today at 03:08:32 PM

Quote from: tread93 on May 20, 2024, 11:40:29 AM

Quote from: krishnaverma on April 20, 2024, 05:51:23 PM

Are you increasing your bitcoin investments because of today halving ? For how long do you plan to hold this new investment from here on.

I am but definitely not as much as I'd like to or should. The price seems so high right now but long term I don't see this price point being considered high. Long term I see this price point considered a very low price to what we will see in the future. Maybe this is just wishful thinking but I truly think that we can't be far off from 500k and then 1 million and after that the sky is the limit!

You may see it as wishful thinking but it does come to reality I mean with how Bitcoin price movement goes we all might wake up one day and see the price hit beyond our imagination and with the high volatility of Bitcoin, today it dips tomorrow it increases, next it stagnates and before you know the price jumps. We may not really be accumulating more at this time since the price looks crazy but however any price it's a buying time so far as you have long term targets. So we keep accumulating despite the price at the time of buying.

We have to be realistic and indeed now the price of Bitcoin is too high for us to buy it in large quantities but that is not a reason for us to keep it or invest it because what happened in the past can be a valuable lesson for us to take now that for what happens in the future don't missed again
After the Halving the price will soar high, that's what has been happening for a long time and I think if that is a reason to invest in Bitcoin then there is no harm in it and in fact I made it my own motivation to be able to keep Bitcoin longer so that I can get big profits in the future .