The thead was started in March and it’s been almost 6 months but bitcoin still trading between 50,000 USD to 60,000 USD so to cross 100k USD milestone for btc seems difficult in this year because the world is facing economic crisis. May be in next year this milestone will achieve by bitcoin!
I understand the market condition have made so many people to doubt the $100k target but I will not conclude that it will not happen again because bitcoin is a volatile assets that can surprise everyone if it really want to move. If there is a positive news that supports a bullish momentum, don't be surprise if bitcoin take just few weeks to reach the $100k target. However, it is not always about bitcoin reaching $100k that should matter to us but what we are doing now and what will will achieve when price reaches that target. Are we making good use of the opportunity that is available in the market? This are more important things that should be our concern more than seeing bitcoin at $100k because this price will always be achieved in a matter of time.
Our main target is portfolio increase right? and not pricing, so it's left for us to continue increasing our portfolio with the seemingly low prices we see today as we are not promised of good prices like these during or after the bull run. It would really take me until the end of the year to accumulate my targeted quantity if the prices does not surge above $70k in my calculations, so I have been wishing and believing that the bull run should calm down until beginning of next year, forgive me for being selfish
. we always wish for favorable conditions right?.Of course, everyone is at a different stage of their BTC accumulation journey, so if you have recognized bitcoin as a good investment, it could still take you years and years and years to establish your position, especially if you don't already have an investment portfolio or other places in which you can draw value in order to attempt to front-load your BTC investment.
An overwhelming majority of the world's population does not tend to invest, so building any investment can take time for anyone new to investing.
Surely, any of us who understands the position of a relative newbie investor will appreciate that it can take quite a bit of time to get to some kind of a comfortable BTC accumulation status.
For sure, bitcoin does not give any shits about you, and you cannot really stop it from going either up or down, even though many of us already appreciate that bitcoin is likely on an upward price trajectory, so if you are able to recognize the opportunity to buy it and to accumulate it, then you are likely to be better off engaging in that accumulation sooner rather than later, and frequently you are better off to accumulate aggressively, too, even though there surely are not any guarantees that your accumulation of BTC will end up paying off as you expect.