Post
Topic
Board Speculation
Re: Road to 100k?
by
JayJuanGee
on 03/07/2024, 16:56:47 UTC
Continue to maintain the Bitcoin that we already have even though the conditions have become a little different from before, because the price increase will return to Bitcoin even though currently there is a little price stability between the range of $60K to $61K more. And to expect $100K in Bitcoin, it seems like you still need a little patience for Bitcoin holders and for those who are having difficulty with the current drop in Bitcoin prices, there is no need to panic because the potential price increase in Bitcoin could still occur this year.
The 100k speculation even if achieved is not enough reason for any low coiner to ever think of selling their investment, instead of panicking for any drop in price of Bitcoin is better you take advantage of it to buy more
Bitcoin at a more cheaper price, in the early part of this year, Bitcoin was at 40$, 45$, so seeing it at what it is today for me Bitcoin is doing pretty well and I don't see any reason or what so ever that worth panicking especially considering long term investment plan.

As I mentioned in my other post, you seem to be using the term "lowcoiner" in a strange way.  A low coiner should be considered more as a derogatory for someone who is not trying very hard to accumulate BTC, so the mere fact that you don't have enough does not make you a low coiner, at least from my way of seeing the term...even though literally, you are not incorrect... but still.. it seems strange to call someone a low coiner who might be being as aggressive as he is able to be, since you can ONLY accumulate as quickly as you can, you cannot do it any faster, without either gambling or putting too much risk into your situation.

Continue to maintain the Bitcoin that we already have even though the conditions have become a little different from before, because the price increase will return to Bitcoin even though currently there is a little price stability between the range of $60K to $61K more. And to expect $100K in Bitcoin, it seems like you still need a little patience for Bitcoin holders and for those who are having difficulty with the current drop in Bitcoin prices, there is no need to panic because the potential price increase in Bitcoin could still occur this year.
The 100k speculation even if achieved is not enough reason for any low coiner to ever think of selling their investment, instead of panicking for any drop in price of Bitcoin is better you take advantage of it to buy more
Bitcoin at a more cheaper price, in the early part of this year, Bitcoin was at 40$, 45$, so seeing it at what it is today for me Bitcoin is doing pretty well and I don't see any reason or what so ever that worth panicking especially considering long term investment plan.
People who have experience in bitcoin prices especially when buying at prices below $20k will not panic to see a price drop this close, let alone those who experienced a decline of up to $15k two years ago surely it is much more difficult than the decline that is happening now, this is still fairly reasonable for this month because we have experienced enough of an increase from the beginning of 2025 to form a new ATH, correction is a normal market system so that supply and demand work where indeed in the chart also it is a healthy thing that we can make as a count to make future predictions.

Whether you want to sell and buy back when there is a decline or continue to accumulate is a good option, the most important thing is that we should not be excessive in investing in bitcoin so that our finances can be managed very well, and there are no worries whatsoever.
Yes it's actually true that those people that seize the opportunity two years ago and bought Bitcoin when it fell to 15k, 20k and even 25k wouldn't be that bothered in it current decline in value because they bought when it really matters, which was the very deep we are talk about, and they would be very happy now that they took that step then.

What I really want to talking about, which I don't think is ideal is your last paragraph, which you made mentioned of buying and selling, hoping to buy back when their is a decline in price, I think that is what traders do, so if you start doing that, you are no longer an investor, but a trader, and am quite certain that you can't build generational wealth like that, because the only way of achieving such result is to hold for a very long time.

Lastly, I also want you to understand that once you start selling gradually and start taking small small profit from you holding, hoping to buy back latter on, you wouldn't be able to develop a stronger hands again in your holding ability, because you would be always tempted to sell at any slight increase in the value of Bitcoin, which is definitely not ideal to build a generational wealth.
If you understand the characteristics of bitcoin movement during a cycle, you will see where you will benefit, the purpose of investing is to seek profit either in the short term or long term, it is relatively dependent on where you will stand in getting the benefits.

Historically bitcoin has always moved in bearish and bullish markets, there are all time lows and there are all time highs in a cycle where ATH will always be formed and ATL which will get higher every cycle, so I want to try you to understand how a good investment in my opinion, you don't have to wait for 1 decade to get a big profit, just take advantage of the ATH and ATL scenarios every cycle ahead, you will get a much bigger profit right.

But it depends on your preference, I know my target price where $100k for this cycle is more than enough and ATL in the next cycle I think is in the range of $30k-$50k.

Of course, you are free to do whatever you like, but when you are targeting numbers, you are likely thinking like a trader who is going to end up losing out on opportunities to build a solid bitcoin holdings - especially since there are only a few days in any year in which bitcoin could go surprisingly up and you are fucking around trying to figure out highs and lows... and you should have had been in and you end up being out.... Maybe once you get a decently large BTC stash then you can play around with some of it, but if you are in your BTC accumulation stages it is better to mostly concentrate on buying BTC regularly, maybe even more than a whole cycle before fucking around with trying to predict highs and lows and perhaps taking wrong actions based on your being incorrect some of the times.

Now since you have been registered on the forum since early 2015, you likely have had time to accumulate BTC during that time.  Are you suggesting that whatever fucking around that you were doing in regards to getting in and out of highs and lows had been able to beat a pure accumulation strategy?

So, for example, if you had been buying $100 per week of BTC since the beginning of 2015 until now, you would have had invested close to $50k into BTC, and you would have accumulated right around 35.07 in BTC, so that would surely not be a bad place to be with your BTC investment.  Have you gotten at least that kind of performance out of your BTC investment over the last 9.5 years with whatever techniques that you are suggesting to use?  I still suggest don't fuck around with ins and outs since bitcoin is such a great asset to accumulate and you would not want to not be in at the right times and you also would not interfere with an accumulating mindset, which helps focusing on stacking sats - hopefully without making the mistake of overdoing it and/or recking yourself.