Post
Topic
Board Speculation
Re: Road to 100k?
by
reagansimms
on 25/05/2024, 04:33:10 UTC
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From what has happened before, every time there is an increase in prices there will definitely be a decrease. When Bitcoin reaches its highest price, there will definitely be an unavoidable decline. It's just that we don't know to what extent Bitcoin's price will increase, and to what extent Bitcoin's price will decrease.
When you are able to understand Bitcoin movements from time to time, for example as you wrote in the comment I quoted, you should no longer have any doubts about buying Bitcoin when you are sure the price is at a suitable point to buy. Nobody will ever know what Bitcoin rally will look like in the Bullish phase and how far the price will reach the limit of increase, the same situation also occurs in the Bearish phase, no one knows how far the price will fall.

The DCA strategy is the best solution if you want to get Bitcoin without wanting to miss every moment that occurs in the market. You also have to make sure this strategy works perfectly by using money that is not used for other needs. You must be able to control your emotions with confidence in the results that will be obtained from Bitcoin investment. So far, many people have shared their success when they have succeeded in achieving profits from Bitcoin investment. This story should be used as motivation for investors who are still hesitant about holding Bitcoin in the long term or are easily tempted by the small profits that are starting to appear.