Quote from: Agbamoni on June 20, 2024, 12:20:23 PM

Quote from: Salahmu on June 20, 2024, 09:56:59 AM

Quote from: Frankolala on June 19, 2024, 10:25:41 PM

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.

There's no really accurate prediction nor sayings that it will come soon but we can only get a possibilities that bitcoin would able to reach at $100k. That's why before it happens we need to do our share since if we are continue to believe then do nothing maybe we can't see any changes by the time bitcoin reach that numbers. Bitcoin will not reach at $100k anytime soon since for sure that after it experience to reach its new ATH then there would be a huge possibilities that we could ever experience those pumps and dumps or what people says as correction.

But what's important thing their that our belief that that price would be reachable and I'm sure those people that who have a lot of patient will be rewarded. Those people who's gonna afraid of the dumps to come will provably regret their decision especially if they decide to dump because they got afraid on the current situation happening just like what bitcoin experiencing now.