Post
Topic
Board Speculation
Re: Road to 100k?
by
Hamphser
on 20/06/2024, 18:57:21 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.

Yeah the price of Bitcoin reaching $100k is certain and 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, so actually the only people who would be skeptical about the price increase of Bitcoin is only those that did not believe on the potential, so perhaps those that believe and trust that in the future Bitcoin will break more high shouldn't consider the present situation of the price because is already certain that $100k will be nothing compare to the price of Bitcoin in the future so perhaps that alone should actually change the mindset of people to stop dwelling on the dip before buying Bitcoin because when it comes to investment all you need to consider the most is the potential and immediately you realize that it has a good potential prices or the current state shouldn't be an issue to prevent the person from taking advantage of the market.
Absolutely those who trust in Bitcoin's potential and in its future value should know that it future potential outweigh concerns about present prices. When it comes to investing, recognizing potential is key. Focusing on the long-term vision rather than short-term dips is the way to go. Instead of  becoming fixed with the current Bitcoin price, seizing the chance to grab more now which price around $65k-$70k is key. Building up your portfolio now is smarter than worrying or waiting for bitcoin to hit $100k. Predicting the exact timing of hitting $100k is tough, so if you're in it for the long-term(hodling), regularly Dollar-Cost Averaging (DCA) to accumulate Bitcoin at different price points is a solid strategy to grow your stash.
People would really be just trying out to invest no the moment that you would really seeing those green candles instead on trying out to DCA when the market is dumping. You would really be needing to adjust
and needing up that be wise on taking up decisions because on the moment that you are really that seeing that there's a good entry because people would really be that usually be tending to jump
in on the moment that market is moving up and not on the  time that its dumping. They would really be that tending to chase up those uprising momentum and this is really that their solid
sign that they would be needing to enter on which this is really that a wrong belief or mindset to have but instead you should really be that making some entry or DCA on the moment that everyone
or everybody is on great fear about on a very bearish market.