Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Road to 100k?
by
Ruttoshi
on 28/08/2024, 14:48:39 UTC
⭐ Merited by JayJuanGee (1)
Quote from: 348Judah
Everyone investing in bitcoin should be getting ready gradually, because sometimes whenever the market seems unpredictable is signal on its own, that there await a bull ahead but first creating a buzz amidst the investors and traders who could not hold their emotions or asset in times like this, am still very positive that something nice is cooking already for the bull market because we will soon be lay on the roadmap to 100k bitcoin price soon, just hodl and invest now.

Once you make your decision to embrace Bitcoin investment, you must get ready all the time, because anything can happen to the market anytime either negative or positive which you need to take advantage of one to achieve your goal in the nearest future. I think, many investors know that something good is going to happen before the end of this year, because if you look around the market right now, you will know that the price of Bitcoin is still increasing to give investors hope that something good can still flow for long term holders and short term holders to release their Bitcoin for sale. I will not advice anyone to invest in Bitcoin right now, because the price is highwhich it will not allow such investors to make a good income when the price reach $100,000 soon, but I can advice those investors that purchased Bitcoin when the price was $20,000 to continue holding their Bitcoin, because the bullish season that will lead to $100,000 will soon manifest for holders to smile again.
What makes you think that the price of bitcoin at 59k+ is high when bitcoin just dipped from 64k to these price fee days ago. Is the dip not enough for a new investor who wants to invest in bitcoin should take the opportunity and buy right away with his discretionary income.

Waiting for the dip is a bad strategy of buying bitcoin as a new investor or a low coiner and if I may ask do you want others that are ready to invest right away to keep waiting because the price of bitcoin is too high and cannot be affordable? No it is a wrong orientation that will lead to set back because instead of you buying bitcoin immediately as long as you have the money, you want to keep wasting time that you are suppose to use to build and grow your bitcoin portfolio with the excuse of price.

It is people that had this kind of thought like yours that had the opportunity to invest in bitcoin when it was $100 but were saying that the price is high and did not buy which they are regretting now. If you don't buy right away, you will regret it because bitcoin price has the high odds of going up trend than down trend and the price will not wait for you.

A new investor that has already figure out how much he want to use from his discretionary income to buy bitcoin regularly weekly or monthly and hodli for long do not need to wait for any special to wc before buying bitcoin because he is investing and hodli for long. He needs to continue buying persistent and consistent with DCA because with you are buying when the price of bitcoin dips to the bottom line and at the peak price when it pumps since your intention is to hodli and increase your bitcoin stash for the future.

How many bitcoin do you have is what you should ask yourself before thinking of 100k price. Bitcoin price will go higher than 100k in future and the future is my target.