Quote from: Marvelockg on Today at 02:52:03 PM

Quote from: DOH! on Today at 01:37:22 PM

The bull phase is taking over my mind and spirit. I don't think bitcoin will hit $100k before the end of the year because there is little time left, the market will need to break out of the bear market again, institutional money seems to be coming back into the market. Anyway it is a positive sign, if bitcoin can't hit $100k but hits a new ATH by the end of the year I will still be very happy. Get ready!!!

and when it hits it new ATH at the end of the year what will then happen? Would that mean that Bitcoin has now gained a different validation than it has already gotten? The end of the year is not a set out timeframe entails that it's a must for Bitcoin to hit it new ATH at that time or else Bitcoin would loose it validity.

People expected that it will be after the halving that Bitcoin will hit a new ATH but it didn't happen as expected and we got a new ATH of $73k right before the halving took place. After that happened, was that a reason to sell when you only had a chunk of Bitcoin? Even though we are all expecting a new ATH, your plans shouldn't be restricted by what happens at the end of the year or what happens whan Bitcoin gets to a new ATH.

Allowing an expectation of a bull to mess around with your mind is not going to be of help because if your intention is to HODL for a long time, you're going to learn how to deal with making long term plan and never allowing your emotions get the better of you.

Too much anxiety on little profit or on profits on your bitcoin portfolio will not make you stay focus to keep your bitcoin accumulation ongoing. A new investor or a low coiner should not put profit in his mind when he is accumulating bitcoin because that is not his priority but his priorities should be investing and growing his bitcoin portfolio overtime in order for him to reach his bitcoin target quickly.

New investor shouldn't be too carried away with the price of bitcoin reaching $100k because there is still a lot of value for bitcoin in the future and when you don't realize this, you might end up selling too quick. Bitcoin will definitely get to 100k and above and that's a good reason why you should only focus on how to keep your accumulating of bitcoin ongoing because wether you have enough bitcoin or not the price will keep on increasing overtime. This is why increasing your bitcoin stash is very important for you to benefit from it in the future.