Quote from: Pandu Geddon on Today at 01:12:05 AM

Quote from: ShowOff on October 16, 2024, 10:59:50 PM

Every investor must have a plan that they have prepared carefully before investing, that is one thing that I admit is true. Regarding strategy, each of them also has a different strategy with different budget strengths too. Long-term investors will accumulate bitcoin over time, but I can also expect seasonal investors to continue adding to their investment portfolios when the opportunity arises.

Despite the different strategies and budgets of each investor, we are all aware that the goal of everyone is to make a profit. They could sell gradually in the $70k to $100k range, but it's also possible to get them to continue holding until bitcoin prices peak next year. Bitcoin's price increase cycle is still long, so most of them will definitely wait patiently.

Maybe some investors will also panic when the price does not reach the target. especially for those who are new and less experienced in holding their investments.
Bitcoin's current trend is good, but we will never know if its growth can reach $ 100k or below, before experiencing a price decline. we certainly expect the price movement to continue to grow. but everyone who is experienced knows how this market can quickly fall after a pump.
$ 75k this year may be achieved but if you expect $ 100k, maybe next year.

$100k could still be achieved this year nobody knows or it could also drop below the current price it is now that is Bitcoin for you, those investors who panic when the price of Bitcoin has not gotten to there expected target are those that are new in Bitcoin investment or inexperience just as you have said for experience investor who has been into Bitcoin investment for long will have the knowledge that Bitcoin will do well in the future won't have any reason to panic because Bitcoin price hasn't gotten to his desire price. As we can see Bitcoin price is still in a good trend, as an investor our most concern should be how to increase our Bitcoin portfolio by accumulating more Bitcoin and HODL for long either with the DCA strategy and continue hodling.