Post
Topic
Board Speculation
Merits 4 from 4 users
Re: Road to 100k?
by
Yucky
on 15/07/2024, 16:00:47 UTC
⭐ Merited by JayJuanGee (1) ,DaNNy001 (1) ,Zackz5000 (1) ,Spaceman1000$ (1)
Currently the dip is going on, so we shouldn't be researching prices, we should be hoarding bitcoins. Because if we accumulate bitcoins now, we will benefit later because if we accumulate bitcoins now, we will be able to accumulate more bitcoins later. We will only think about how to accumulate bitcoins, because the price that bitcoins are now is what it was in the past. 

So the Bitcoin price won't bother us, and we won't be bothered by it either. Because the price of Bitcoin will hit even higher levels in the future, it is most important for us to accumulate Bitcoins and plan long-term holdings.

Yeah you are right, we don't need to worry about the dip all we should be concern about now is accumulating consistently, Bitcoin has not reached half of it's growth so there's no need to be afraid, some people stops accumulating as soon as there's a dip because of fear, I no of someone that always stopped accumulation when there's a dip in Bitcoin he feels Bitcoin will fall one day and never rise and such mindset will always lead us not achieving anything good in Bitcoin investment and I feel anyone who is into Bitcoin investment and still has this fear didn't do much research about Bitcoin he don't know anything about Bitcoin it's track record and history.
anyone that got worried about this slight correction that went below the $60k and for any reason sold off his holding is certainly not ready to get the best of Bitcoin. From past record and even in recent time, we've seen a whole lot of similar trends where Bitcoin revolved around these range of prices and went at some point down and yet didn't struggle too much but still bounced back within same space of time.

From mere observation, we might be seeing a lot of these kind of slight correction and then another bouncing back which we eventually lead us to witness an obvious bull. But eve if it doesn't get too bullish, I still don't see any reason why I should sell off my holding. If there is one thing I'm certain it is that all the prices we've been buying Bitcoin be it at $40k, $50k, $60k, $70k or even when we will eventually buy at $90k will still be all DIP prices as long as we're able to keep HODling it. Owning Bitcoin is an interplay of two advantages. Having it is a gift because you're holding one of the most precious asset and obviously the most precious digital asset and then the propensity it has is still awesome.