Post
Topic
Board Nigeria (Naija)
Re: Hope yah still accumulating and holding.
by
liasbaa
on 01/07/2024, 14:48:07 UTC

Back then alot of folks had the mindset that Bitcoin going to hit $100k pretty fast but base on how things going I don't think so ,but that don't mean it ain't gonna surpass $100k. I'm actually making this post to encourage others to keep accumulating and not to sell their holdings too early.

As a humans most of us are usually impatient, we just want it to happen now now . Okay now just imagine it happens now and Bitcoin rose to the price range of $250k and you only have a little bitcoin stash in your portfolio. You may endup not yielding something good due to not having much quantities stashed.

So this time around we should be happy that we have time to still purchase Bitcoin as the price is still cheap . Because it may get to a point where your funds won't be able to cover-up some nice quantities of bitcoin. So we should be expecting something huge, because as time goes on Bitcoin will keep gaining More adoption and now bitcoin has gotten it's self some nice adoption so far, though our government ain't encouraging us by banning p2p from exchanges, but still we are going to still find away to keep surviving in this Crypto space.

I was so happy the other day when I saw a man addressing students about cryptocurrencies how they can earn through various ways in cryptocurrencies by doing airdrops and some other related stuff. So this shows that cryptocurrencies will keep growing and getting the awareness they deserved, so now accumulate as much as you can (Bitcoin), and keep hodl , for the upcoming bull run.

Hope this will help to encourage those that are still accumulating and holding to keep the fire burning  Smiley , don't forget we are in and also going to  the year of greens .

Exactly I have read so many threads about this particular issue that what can we do to make bitcoin hits $100k most people was also asking that can bitcoin Hits $100k in the near future, actually I think is just a matter of time of course bitcoin can surpass $100k but is not gonna happen anytime soon.

All we need to do right now is to keep accumulating bitcoin in our portfolio and wait patiently untill the right time, I think this is the right time  for us to start making preparation now that there's still a dip in the price of bitcoin now that the market is cheap.

I know most people Will be scared to invest in bitcoin now that there's a dip in the price of bitcoin more especially those people who like investing when the market shows green, but I most say this is the right time to start accumulating now that the price is still at the range of $61,998k so that before the price will surge to $70k by then you most have accumulated a lot, the earlier we do that the better for us we shouldn't allow fear to hinder us from getting what we want.
There is a hope that Bitcoin will definitely surpass $100k, and it won't take longer than expected.  In 2020 when it was below $20k , within two years it climb to $68k. So the possibility is high. Bitcoin is the future ,if you don't accumulate it now, your children will ask you a big question in the future,  foe better future invest now in bitcoin, buy as your hand reach, don't use your last cash to buy bitcoin,  eat first, so you won't be touching the coin in your wallet.

The thing is that aslong you have already set your mind on long-term investment . There won't be any issues waiting, because we are already aware that no matter the dip bitcoin will surely bounce back , though there ain't any guarantees but base on its previous performance surpassing $100k will be easy cake . So is up to us to be patient enough till the time the main surging of prices begins. Someone like me my target ain't the bullrun, because I haven't gotten enough stashes for myself. And the funny thing is that ebentwheb have gotten to my goal I will still be holding some nice quantities of bitcoin, because I believe is going to perform more in the future as it continues to gain more adoption.
Mate you are right! No matter how much the price of bitcoin dips it will recover again which has started and today its price has touched $63k. Bitcoin has come back to recover its value every time. Regardless of the price Bitcoin should continue to accumulate because of the potential for significant price growth this year itself. I wouldn't guess it will hit $100k but the chances are high but I will continue to save as much as I can and my initial goal is at least 4 years that will give me the expected profit. Patience is very important for investors as the need to take care of holdings is important as the value of Bitcoin increases. As well as the habit of buying bitcoin in large quantities in a downward price trend.