Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Road to 100k?
by
Barikui1
on 14/10/2024, 14:23:32 UTC
⭐ Merited by JayJuanGee (1)
Bitcoin have reached $65k today, a proof that the hope of $100k this year is not lost. I have always known that the market will rise when many people will least expect and there are indications that a lot of people are already doubting that we will still see $100k this market cycle. You can see that from the enthusiasm of people that is wanning daily because bitcoin have refused to run to $100k as they were expecting. This bring to mind that the real winners of bitcoin investment are those who see beyond today and are busy buying instead of being worried by the continuous corrections the market have been giving.

It is not still late to get some bitcoin at low price. $65k is still low compared to where bitcoin will be in coming years because a lot of players are getting involved in bitcoin daily and the trend will not slow down soon. The US election is around the corner, it has the tendency of making the price rise astronomically.
Well it's actually nice if Bitcoin can get to 100k before the close of this year though, but it changes nothing, because 100k is just a number I am expecting Bitcoin to hit anytime soon, though those traders that sell for minimal gains will be very excited, but they actually don't know that they will be selling too early and too cheap due to the long throat for minimal gains that can't change their financial status for ever.

So as Bitcoin is right now, with the kind of huge potential it has, I actually don't need a seer to know that 100k is no where near the actual value that Bitcoin might gets to in like 10 to 20 years time from now, so I believe that if we all can think of those early investors that sold their Bitcoin too early at 1k dollars thinking that they have milk the best possible result out of Bitcoin,  we wouldn't even think of selling our Bitcoin even if it gets to 100k today, because selling too early is one of those regret that might live with you for a lifetime, if the value of Bitcoin later get up to 1million dollar in the future, while you have already sold yours at 100k, an opportunity that would have changed  financial history forever if you have hold a  little bit longer, so in essence of what am trying to say is that,  it's  a welcome development if Bitcoin can reach 100k before the close of this year no doubt, but their is nothing special about it because it's an amount I know that Bitcoin can reach in no distance time.