Quote from: Roseline492 on May 20, 2024, 08:01:35 AM

However I agree with you that too much expectations from people normally caused them to panick on there investment if the price is not actually moving the way they had expected because the reason why I'm saying this is because so many people come into Bitcoin with a high expectation that after investment within a certain period of time they will have a huge return without knowing that it doesn't work that way and besides Bitcoin investment is not an investment were someone will just start and expect to get rich immediately, so perhaps in as much as every investors goal on there Bitcoin investment is to make profits at the end but the best way to achieve it is by long term holding.

Most times when i hear how all these statements that people come into investment because they heard it's a fast way to become rich i wonder if they do not read about investment or know that investment is not a get rich quick scheme and also that risk is involved in it. Wait, i want to be sure here, why would anyone want to start an investment without knowing what the meaning of investment. Because anybody with the get rich scheme motive don't know the meaning of investment at all and should be prohibited from starting an investment especially Bitcoin investment which has high volatility.

Quote from: I_Anime on May 20, 2024, 07:59:07 PM

Quote from: Agbamoni on May 20, 2024, 05:45:36 PM

We can't be expecting a particular amount by the end of the year! Bitcoin prices change on real time. If it was possible to know the particular amount it will be by the end of the year i would take beneficial actions know because i already know what would happen. Perhaps you have been listening to speculations from people around you or online, i want to tell you that those are mere predictions, it is bound to happen or not so an investor will fail if he Soley relies on it and take actions regarding it.

At first $100k ain't my target price to sell or think of even selling, so I don't actually care if it happens this year ending or not . All i know is that will keep holding and accumulating, even when the price dip I will still keep buying. I have seen are alot of users has changed their lives for the better just by holding or being patient with their bitcoin holding.

Like I usually say I know there's no guarantees and all that . But I believe Bitcoin going to surge more someday , and it worth given a shoot , by holding and accummulating as more as I can till I get to my accummulation goal.

Of course, you have understood the concept of Bitcoin but not everyone believes that in decades to come Bitcoin would still be increasing in value. If you ask some investor, they will tell you that there is a possibility for Bitcoin to come to zero which i believe that is impossible. Instead, we might see Bitcoin to reach 1 million and above and through that way many will not be able to afford it anymore only the wealthy will be able to buy Bitcoin.