Post
Topic
Board Speculation
Re: Road to 100k?
by
Cryptoprincess101
on 31/08/2024, 15:27:44 UTC
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.

Your write up seems to be very complicated because at some point you are making a sense while in some areas you are saying a different thing. The first line of your statement is good because you are trying to talk about the risks analysis of making investments which Bitcoin is included, yeah basically all investments have their own risks of which every investor should think about the risks involved in the kind of investment they want to do but for Bitcoin investments, the risks of losing your money is minimal because when they price falls it gradually rises again and maintains a balance unlike some coin that falls and don't recover back.
        Definitely we are optimistic about what the price of Bitcoin would be before the year ends but that should not be our major priority.
Talking about short term hodlers releasing their Bitcoin for sale is just a trading strategy and it is not advisable to learn the habits of selling your Bitcoins.
         Saying that you don't advise anyone to invest in Bitcoin now simply because the price is high don't make sense to me at all because the only people who thinks about the price of Bitcoin being too high are always those traders who invest for short term profits but for an investor who has a long term hodling mindset, they will always buy Bitcoin at any price so far as they have the discretionary amount to invest at any period of time.