Re: Road to 100k?

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 high which 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.

You sound like someone who don't know how Bitcoin works if Bitcoin at price $59k is high then what will you say if the price goes to $80k and trying to advise people not to invest in Bitcoin now is wrong, it is a misleading information Everytime is a good time to accumulate Bitcoin if your purpose is to hodl for long. For with your DCA strategy you can accumulate Bitcoin regardless of the price weekly or monthly so advising people not to accumulate Bitcoin when the price is either high or low is wrong. For you may regret in the future if you fail to accumulate Bitcoin now.

A funny thing about your comment Zackz5000 is that there could hardly be any way that someone without any BTC could conclude that s/he has enough bitcoin, since by definition you have to have some BTC in order to have enough.

So then once you have some bitcoin, then the question might be how much BTC is enough, and there are plenty of folks who make mistakes in terms of their conclusion about how much bitcoin is enough.

Maybe a third issue then becomes for those of us who might recognize how much is enough, then there might come some kind of a question how to reach some kinds of amounts that narrow the gap between not having enough and having enough, so many times if we might have an income and we make decisions regarding how much bitcoin we are accumulating on a regular basis (perhaps weekly), then we might still reach a state of contentment that even if we might conclude that we don't have enough, we are ongoingly working on narrowing the gap between our current status and our target, so we could be content that we have as many BTC that is reasonably within our budget and our otherwise mental comfort levels.

That's it something one don't know or have there won't be much confidence when trying to tell people about it.

As long as Bitcoin investment is concerned there is no need thinking of exit even though one have accumulated enough Bitcoin one needs to keep on accumulating and hodl for long then when an investor has hodl Bitcoin for long and decide to sell he or she can sell out little portion and still keep on accumulating Bitcoin.

As long as Bitcoin investment is concerned no amount of Bitcoin is enough for an investor to stop accumulating if the funds is available.

As much as you want to build your portfolio overtime through the use of the DCA method which allows you to accumulate Bitcoin for the long term, it's not entirely true that you shouldn't have an exit plan or make your investment with a plan in place. If you continue building your Bitcoin stack just for the sake of owning Bitcoin without thinking of an exit plan which should be when you've reached your accumilation goal then you're being totally biased with what you're saying and don't want to face the reality.

That you're investing for the long term doesn't mean you shouldn't have a long term plan in place. For me, I have a project I've longed to execute which I've in the past shared with forum member and they've also given me some insight which is still guiding me in making my plans and doing the necessary budgeting. It's based on my plan that's gearing me up to be more disciplined because I know that I have a set out goal I'm working towards achieving. If you're just stacking Bitcoin for the sake of being one of the holders of Bitcoin without having a plan regarding what you will end up using it for, you will end up being like one that never owned a single Bitcoin.