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Quote from: sotelorene on September 04, 2024, 07:29:15 PM

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Quote from: btc78 on March 11, 2024, 01:47:04 PM

We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.

I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?

we are all expecting this to happen but seeing the reality ? better accept it that we are not getting what we are expecting this year alone .

The earlier we understand that Bitcoin doesn't move according to our thought or how we expect it to... The better for us and this is why most people loss money by trading it when they knew that Bitcoin is very hard to predict. I know most persons are still surprise why Bitcoin price hasn't surpass $80k till now and this will make a lot of people to be on pressure, discourage and start developing some doubt about Bitcoin possibilities of taking an uptrend. Whether Bitcoin crosses $80k this year or not I don't care, my concern is to increase my portfolio before that time comes because if I should look at the current condition of the market I maybe discouraged and I can't subscribe to that, I hope everyone focuses on how to increase their portfolio and stop emphasizing about Bitcoin reaching $100k as that can distract some newbie.

First and foremost I commend you for the decision you have taken not to be discouraged irrespective of the price of Bitcoin at all time that's to say that you already believe that the better way to wait for the time that Bitcoin will reach 100k is to keep accumulating to build a bulky portfolio before the time comes, this should stand as encouragement to those people that are still doubting the process, as bitcoiners we should always be optimistic, although there is poosibilty of Bitcoin settling in 100k at anytime thats why the major concentration of every Bitcoiner should be centered on continous and consistent buying of the asset, the little they can as we all await the much anticipated price, we must be prepared so as not to be left out.

Even if bitcoin reaches 100k people will still keep their bitcoin accumulation journey ongoing using DCA especially those that are still new to bitcoin or have not accumulated enough Bitcoin is their stash. Infact, the mind of an investor can change and he can extend his bitcoin target. Worrying too much about bitcoin price reaching 100k should not let you lose focus on keeping your DCA ongoing.

I am hoping to at seehow much bitcoin price will be in 2029 and not 2025, meanwhile I am using only worried about keeping focus on buying always through DCA so that I can see the size of my bitcoin portfolio by 2029 because I am not thinking of selling a dime if bitcoin price reaches 100k.