Post
Topic
Board Speculation
Re: Road to 100k?
by
Agbamoni
on 20/06/2024, 12:20:23 UTC
The price of bitcoin shouldn't be the issue, but taking the opportunity that bitcoin is at this current price of 65k to buy more Bitcoin into our bags should be our focus because increasing our portfolio will be better off now than when the price reaches $100k.

I know that bitcoin price will reach $100k but no one can predict the actual time and as long as you are not planning to sell but to hodli for a long period of time it is good to DCA regularly in other to increase your bitcoin stash at various price levels.

with the look of how the price has been doing for sometime now their is a higher chance that the price will hit $100k anytime soon,
I have come to realize that this analysis is wrong. Convince me otherwise. However, I used to be part of those preaching that it will be 100k anytime soon. But I was looking at the price and the movement it has been making. Bitcoin will not reach 100k soon but reaching 100k before or by the end of the year is somehow possible. I think the more we truly believe, the less we tend to think when the price will reach 100k either sooner or later. The more time we spend in Bitcoin the more we get to understand that time doesn't really matter but duration of investment and anticipation is better than watching the time all day.