Post
Topic
Board Speculation
Re: Road to 100k?
by
EclipseXcrypto
on 09/10/2024, 13:16:55 UTC
Or are you going to keep accumulating and holding?. I keep wondering how much you have been using to accumulate for about 3 months now that have given you enough money as profit and you are begining to sound like a short term holder even though you said you have a long term thinking. Note: after halving doesn't guarantee 100 percent price increase it's just speculation so don't get it twisted.

Nothing in bitcoin guarantees BTC's price to increase, but the halvening of the issuance of bitcoin's new supply by half every 4 years does seem to put some upwardly price pressures on bitcoin, and surely maybe this time is different, yet I have my doubts.  We have had 3 previous halvenings in bitcoin and the BTC price did end up going up after each of the halvenings, and even this time we had BTC prices reaching ATHs prior to the halvening, but still that does not likely take away from actual physically fewer (half as many) bitcoin being issued for these next 4 years and we are still within the first 6 months after the halvening has already taken place... so the ongoing less issuance of new supply could well still be having an effect on the price to ongoingly put additional upwards price pressures on it within the laws of supply and demand in which if the supply is half yet the demand is equal and maybe even increasing, then it is hard to imagine why there wouldn't be continued upward price pressures on the BTC price based on such halvening of the new supply issuance..

Agree, there's no guarantee with bitcoin in terms of gaining profit. Since if someone claim that they could give you a sure profits with bitcoin then ask you to go with them, start to doubt with that since provably they have bad intentions with you.

But compare with bitcoin we have certain good chance to earn since if we based on past events those halving events really brought up great figures,demand and good exposure to bitcoin so for sure same with same like future events(halving) there would be more future great price insight to come which provably could give benefits to all holders.

What makes bitcoin good  is less supply and it have huge demand so we can really look forward for more pump with this coin.
There is a guarantee of profiting  from bitcoin over time when you invest for the long term. The growth potential of Bitcoin and its increasing global adoption can indeed lead to significant profits. Many have benefited from its long-term growth and as more people recognise it's value the guarantee for profit increases.  Bitcoin investment is not about quick money, it's about consistent accumulation and holding for the long term. When you approach it with that mindset, it can definitely be profitable over time. Folks need to understand that Bitcoin investment yields profits after a long period of time. Approaching it with a short-term mindset can lead to disappointment, but that doesn’t mean it’s not profitable in the long term.