Post
Topic
Board Speculation
Re: Road to 100k?
by
Salahmu
on 06/10/2024, 17:03:45 UTC
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.

You are actually the one that has been talking about holding your investment for two halving, while turn around again to say that your target is when Bitcoin price gets to $150k for you to sell, are you a kind of confused on the pattern of investment you are actually using? or the number of years you intend to hold? Because I don't no the particular one we should believe because you are already joining holding for two halving season with the target of Bitcoin price reaching $150k.

However if you really mean to hold Bitcoin for two halving season which should be roughly an estimation of 8 years you shouldn't talk about the price reaching any level to be your target because already the 8 years is a long period and we would always have a good belief that before that time Bitcoin will grow more further higher, so you shouldn't sell your investment because of that price because by the end of that 8 years you could be more profitable than even the $150k you are referring to.