So in essence of all this is that if as a Bitcoin investor that really want to be successful in your investment, it's very much advisable to be a long term holder, so that you can reap the full dividend of your Bitcoin investment, because Bitcoin is actually going up to the moon, the question here is how long can you hold?
If anyone invest in bitcoin for a short term investment then I will say that he or she is newbie in bitcoin because nobody who have the experience in bitcoin will never like to invest in bitcoin for a short investment but always like to invest in long. And always like to buy whenever bitcoin bear market starts. And that is why this topic is for those who want to start bitcoin investment.
Buy the DIP, and HODL!, I think this buy the dip and hodle has explained everything for anyone who is investing in bitcoin. Only the topic is self explanatory.
Now let come to the topic of this thread. Bitcoin has hit All Time High three (3) times this year. In 2021, bitcoin hit it All Time High of $69k and in this year 2024 at first bitcoin hit $70k to surpassed the previous All Time High, and it declined again then, it rise again to $73k to hit All Time High for the second time and this week again bitcoin hit $71k again to become the third time in this year. And since 2022 experts were predicting that bitcoin will hit $100k in this season and the way the movement of bitcoin, it might hit the "Road to the $100k" and the end of the year or the first quarter of next year.
There are people that like fast profit, It is not only the newbies even old folks fall to this category too, yea Bitcoin investment is not meant for shorterm purposes because shorterm does not come with the benefits thats accompanied with bitcoin investment, there are old investors that utilizes every opportunity, once they notice any dump they buy, any little appreciation in the price they sell immediately, no doubt buying when Bitcoin price dips is good but that shouold not discourage anyone from buying whenever he or she is ready, investing in Bitcoin is continuous process thats has no limitations whatsoever.
Let's not forget that this experts are just making mere prediction, no one can accurately predict the price of Bitcoin, so we shouldnt rely on the experts prediction to finalize where Bitcoin price will end this year because volatile assets doesn't have a definite price, changes are bound to happen and anything is possible at any given time.