Quote from: As-Soon-As on Today at 10:21:49 AM

Quote from: fredericktaylor on Today at 10:08:16 AM

Quote from: DOH! on September 21, 2024, 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!!!

No one can say exactly when the Bitcoin bull run will start. But we have previously seen the history of Bitcoin since the end of the year when the Bitcoin bull run started, we need to use that experience. Not being able to utilize this ATH period is your own failure. We need to accumulate bitcoins with extra savings so that when the bitcoin bull run starts, we all have some bitcoin savings so that no one regrets it. My long belief is that we can expect 100k by the very end of this year.

Bitcoin 100 should be invested with a target of $100, currently we can always invest in Bitcoin using the DCA method. And Bitcoin will hit $100k for sure when this next Bitcoin bull run begins, Bitcoin will hit its peak highs. There is no risk of loss when investing in Bitcoin, if you follow the strategy and hold Bitcoin for a long time.

I would recommend you to follow one more exception strategy, you invest in bitcoins regularly weekly or monthly, and you continue your investment until it touches the dollar. Then of course your investment will be long term because if your target bitcoin is 100k dollars then you will be profitable if you invest even from the present time.

You are absolutely right.
If we can collect bitcoins every week through DCA method then we will reduce our risk a lot and will have to buy and hold bitcoins more strategically so that in future bull run we can profit by selling bitcoins and reach our target.