Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
cryptoWODL
on 24/10/2024, 13:39:25 UTC
So in essence of what am trying to say is that analyzing the market or targeting the market as a long term investor is actually a wrong thing to do when it comes to Bitcoin investment because right now we are still at the early days of Bitcoin, so I believe that it has the potential of going up to 1million dollar in the future, so buying it now at this present rate is actually too cheap to be wasting your time analyzing.

Yes, I agree with you, we are still in the early stages of Bitcoin, if we can feel the future by researching the past and present of Bitcoin, then we can understand how much potential Bitcoin has in the future, and the current market price is very preliminary in front of that potential. Where the demand and popularity of Bitcoin is constantly increasing, we can say with high probability that Bitcoin will cross $1M in the near future. Many new investors do not have a proper idea about the true potential of Bitcoin and what level Bitcoin will go in the future. So they don't realize how cheap the current bitcoin price is compared to the possible future price. So we must have faith in Bitcoin and have a long-term view and continue DCA for a long time. Only then we will be able to take its true benefits. And those who do not believe in Bitcoin, if they properly research the past, present and future of Bitcoin, they will also get an idea of ​​the future potential of Bitcoin.


You are absolutely correct, you know sometimes I wish I could turn back the hands of clock but it can't be possible that's why I'm utilizing great this time. It's true that one can start Bitcoin investment anytime, any day but trust me there's going to be a difference between people that is investment now and those who are still procrastinating and will later join maybe in the future, you can imagine how some investors are finding it difficult now to grow their portfolio because of the value Bitcoin has I mean the value is so high that getting a piece of it, is so hard now compare to it 2010, 2012 and then imagine how much difficult it will be in the future.
It is wise to use the present time properly without regretting the past time. This means that you cannot bring back the time that has passed, no matter how hard you try. You said that you want to turn back the clock ie you want to go back in time, which is not possible.

We don't know exactly how much the price of Bitcoin will increase in the future but we can predict that it will increase by a high amount. So it was the best time for those who bought bitcoins in the past, it is also the best time for those who bought bitcoins in the present and it will also be considered the best time for those who buy bitcoins for investment in the future. When Bitcoin was created by an anonymous person named Satoshi Nakamoto in 2009 then investors who invested in Bitcoin may not have known the market correctly that the price of Bitcoin would rise to an all-time high. Likewise, current and future investors may not know exactly how much more Bitcoin will grow.