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Quote from: GeorgeJohn on October 03, 2024, 10:03:48 PM

Not only newbie, but what I want to let you know is that theirs some people whose investment in bitcoin is long-term investment and theirs some investment is short-term investment, so probably those ones their aim is short-term investment do concentrate on profit of that moment, they don't think of the future market of Bitcoin determination, what I really wants us to understand is that bitcoin investment is directly meant or invest due to your obligations towards the investment, the thing is that anyone who have in mind to accumulate bitcoin will allow it to last or stay for period of some years.

I respect all types of investors, but at this point I think it is better not to be a short-term investor, but rather to be a market speculator and trade on the rise or fall of BTC, with the idea of getting something out of the market, for me an investor has to go long term, something similar to how investments are made in the stock market, which is long term, but that long term is 8-10 years, in BTC it is calculated that it is every 4 years that a good advance and bullish trend occurs, although it is not necessary, many wait for this cycle of every 4 years to see if the movement occurs.

We should wait for at least two halvings to invest in Bitcoin, so if one invests in DCA method, his investment will definitely be bigger. And if someone else wants to invest more, he can certainly make his investment bigger by staying longer, so using the DCA method at any stage is possible to get the most success.
I've been following the DCA method in Bitcoin for about three months, based on my long-term thinking. Because I am very happy with the current period and my investment has accumulated enough money, so I will keep my investment long-term until it halves. Because until my bitcoin price target is 150k plus I will accumulate investment in bitcoin by DCA method.

What you wrote here is very confusing, but If am actually getting you right here, you are saying that your Bitcoin price target is 150k, the price you are willing to sell, so I want to ask, do you think 150k is the peak price of Bitcoin?
Because it's baffles me that you think so myopic on Bitcoin, you were talking of holding Bitcoin for a long period of time, and you think that the highest Bitcoin can go in like 10 to 20 years time from now is 150k?

Bro if that's how you see Bitcoin then to be frank here, you knows nothing about Bitcoin and the potential it has, because Bitcoin has the capacity of doing 10x to 20x in like 10 to 20 years time from now due to it high potential.

Bro I agree with you. Given the price situation and potential for Bitcoin, I think an investor holding $150K in consideration may be running towards a target with focus but expect that the potential for Bitcoin to rise much further and that market capacity is there. I expect that every investor should tend to accumulate in the DCA method instead of focusing on how much Bitcoin will be worth in 10-20 years. If an investor can DCA two or more cycles regardless of price conditions, he can get a huge holding with Bitcoin growth.

The recent bullish trend has been a surprise for Bitcoin, with many critics questioning its potential for 10-20x future value. In response to them, we should say that if you can be surprised by the past, then everyone should be prepared for the astonishing price increase of Bitcoin in the future.