Quote from: Tmoonz on July 18, 2024, 06:19:10 AM

Quote from: Wind_FURY on July 18, 2024, 05:12:41 AM

Quote from: As-Soon-As on July 17, 2024, 03:33:22 AM

While you're being scared, smart money is doubling down.

That’s because this dip is nothing new.

As you can see, Bitcoin goes to a new all-time-high every 4 years:

2012: Bitcoin goes from $12 to $1000 = ~9,000% increase
2016: Bitcoin goes from $650 to $19K = ~3,000% increase
2020: Bitcoin goes from $8K to $69K = ~1,200% increase
2024: ?

Notice how, in every consecutive cycle, the #Bitcoin    returns get smaller by about ~60%.

That would imply a 450% price increase this cycle, putting Bitcoin at ~$330,000 per coin.
here
Thoughts?

An investor will fully understand how to invest from here, because once you buy the dip it will hit the highest level in the next bull market. So it is proven that once an investor invests and if he buys DCA method or regular dip then he will definitely get success. And this figure proves the success of investors.

That post of yours reminded me of something like this meme about the Bitcoin doubters and the haters. Cool

I may sound like a broken record again for asking this question and using as a basis for a debate why are doubters being doubters, and why haters are being haters.

- How long must the network chug along and prove itself before they accept Bitcoin as a new asset class?

Note, every one must not and cannot accept Bitcoin as a new asset class as it is normal while others will be ignorant of it others will as well be taken advantage of it's benefits, it has really shown and have proven beyond every reasonable doubt to have a solid foundation which alot of people I consider to be sighted, indecisive, refusing and failing to see the potentials that Bitcoin holds. Historically it is very much evidenced and vivid enough not to be doubted or hated,(anti Bitcoin). However, everyone is at liberty to do whatever they like.

In two or three decades, there will probably two different types of investors and it will be obvious merely by looking at their portfolio,

- Those who bought the DIP/DCA and who HODLs Bitcoin
- Those who have dismissed Bitcoin entirely, and it's performing relatively poorly for it

¯\_(ツ)_/¯