Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Road to 100k?
by
Makus
on 23/05/2024, 15:13:22 UTC
⭐ Merited by JayJuanGee (1)
let me give an example; JP Morgan was still same man saying Bitcoin is a scam, imagine those who listen and follow such words then, were mislead because of some name attached to such individual perhaps they would have reach a certain stage in there accumulation phase and portfolio, another is Robert Kiyosaki who said he won't buy Bitcoin now has more than 60btc, and I ask is it same Bitcoin he said can't be classified as an asset and not worth investing in?, it really laughable they influence you and make room for themselves.

If very funny how some of these critics then convinced lots of person not to buy Bitcoin when they had the opportunity to buy at lower price. Currently today some of them are huge investment some to be considered whales if they had invested on time. Anytime I remember how some of these critics are now investors and aggressive one for that matter because of FOMO I just conclude never to rely on anyone thought for making your own personal life decisions. Some of these men who criticise Bitcoin them to the extent to convincing others no to hold, they are huge Influencer maybe because of their well-being and reputation. This ought to be a huge lesson to humanity, never trust anyone because of the reputation he/she upholds. Assuming those lead by these critics started their own research and made their Bitcoin investment they would have been happy for not adhering to someone elses advice or point of view. But this doesn't necessarily mean those who warn us against shitcoins are actually wrong. In fact shitcoins are just distractions from achieving your Bitcoin desired goal by diversifying. Those who happens to have tasted altcoins first, maybe by referrals or scam airdrops might generally group Bitcoin with other altcoin but if only they have the opportunity to invest in Bitcoin and watch their asset grow instead to devaluing.

It's obvious the price of Bitcoin would get to $100k in no time, and that's because many persons are beginning to realise that Bitcoin is not a threat but a solution to escape inflation from their traditional fiat currency. I for one feels very lucky to have met Bitcoin but also regret all the years I kept ignorant to this innovative work. Bitcoin is an asset that you put in what you cannot afford to loose and not the other way around. So we can stop deceiving ourselves not to get too aggressive because at the end the value is our holding would be mind blowing if you keep the consistency. They say "little drops of water make a mighty ocean" provided you gay your emergency fund intact you can go as aggressive as you can because, if Bitcoin breaks the resistance point are would be experiencing a massive bull.