Quote from: Popkon6 on September 11, 2024, 05:58:08 AM

Quote from: NicNacCoin on September 10, 2024, 11:03:07 PM

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 saw Bitcoin touch $70,000 and then settle back around $740,000. From around $74,000, Bitcoin dumped to $49,000. Bitcoin is currently between $56,000 and $57,000. But here we can see that Bitcoin did not go above $74k but definitely went down. But many have predicted that Bitcoin will be $100,000 in 2024 but I don't support it much but I do support that Bitcoin will be $100,000 in 2025.

Pumping and dumping the price of Bitcoin is normal, but if you pay attention to the price of Bitcoin around 2010, you will definitely see a very low price of Bitcoin. And it's usually a halving cycle with bitcoin prices touching $74,000 in a few steps. But those who invested around 2013 are largely successful today, and many who have been investing in Bitcoin for a long time following the DCA method are largely successful today.

So the fourth halving of the Bitcoin price is over, now only waiting for Bitcoin to grow. But we usually don't have to keep the price of Bitcoin going up without investing, so it's usually only possible to hold Bitcoin for a long time by investing.

That`s bitcoin investment is all about one being patient and same time having enough bitcoin stashes . Because those that sold their bitcoin early, always endup regretting in a long run most time . Due to lack of patient with their bitcoin stashes, and most time some folks just want to make big quick , without knowing that bitcoin investment is more about the future because bitcoin is coin that have prove to be among one of the best investment so far due to it`s epic past perfomance in the past years . so anyone that keep procrastinating or seeing bitcoin as a ponzi scheme is their loss because while others are busy accumulating and testifying , they will be there wasting their time procrastinating and doubting