Post
Topic
Board Speculation
Re: Can Bitcoin reach 100k USD in 2024?
by
jaberwock
on 03/10/2024, 19:26:24 UTC
Bitcoin price is changing so even if the price won't reach to that figure hopefully it will not change the perspective of people towards their long term investment planned with bitcoin. Since if they are been affected with current flow which we are experiencing a bearish like movement then provably that there decision might get changed and think about quitting.

So for them not to get worried about the price maybe its more better if they could just ignore the current flow. More better for them to focus on accumulation and think about other think since maybe from this they can escape those feelings on where they afraid to lose their money for this current bearish movement of bitcoin.

I never worry about the price of bitcoin and if we can see this figure to come this year. Since what my aim is to accumulated and execute well the DCA method I used. If $100k will not come this year its fine for me since I'm more busy building up my portfolio rather than think about other things like talking nonsense or checking frequently the current status of bitcoin.
This is the mindset that will get you rich and never give up on this. I believe we are going to make a lot of money from bitcoin if given enough time and accumulation, so it doesn't matter if the price goes to 100k or not this year, as long as we keep buying and holding and never sell, eventually we are going to see 100k, maybe this year, maybe next year, but it will happen.

So, you are on the right path and never get out of your way, do not look at others who get panic when they see price dropping even a bit, this is bitcoin world and drops are very normal, we see price increases a lot more common and this is why we shouldn't worry about any price drop at all. I get that we may not feel that crazy about it, but it is going to be a perfect situation without a doubt. Just focus on what you can do with what you know, like I said, you are on the right path and I am sure if you do not change your path then you are going to be rich. At least I hope so because I am doing the same thing Cheesy.