Quote from: LUCKMCFLY on October 20, 2024, 07:47:34 PM

Quote from: Zackz5000 on October 17, 2024, 02:55:48 PM

$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.

Without a doubt someone clear that it can happen, in this trading, in holding there is something that has a special characteristic for it to be fulfilled and that is waiting, and whoever knows how to be patient and wait can go very far in both trading and investment, but in investment the wait is much greater, it would be very scary to withdraw some BTC knowing that it is on the right track and suppose that in 15 days it then goes to $ 100k or more, because in fact for me when BTC reaches $ 100k it will go through there easily, that will continue to grow and that is noticeable by the number of new trades that are seen in the market, and this knowing that the volume in BTC is not entirely centralized in an exchange as such, there is a lot of volume data that makes it seem that it is not exact, even so it is noticeable that it can go up in price.

Better to low your expectations so that you wont really be ending up on getting disappointed because the price didnt really hit up into your expectations. I have already that learnt in the past or on the moment that im still that newbie into this space on which i do really love on making up some conclusions on which i do really end up on frustrated because it didnt hit up on what i do have in mind. On the moment that you do able to gain up that sufficient experience then you would be able to realize that this isnt how this market works. You would really be definitely be making up such changes on how you would be making out such treatment.
You are the ones will really be that making such changes basing up into your behavior.

Can it reach $100k for this year 2024? No one really knows because we do know that there's no one that would really be able to predict on what would happen in the future. We are already closing this month of October on which it is really just that only 2 months left for this year 2024 and we arent that even breaking yet that 70k price level on which we are really that wanting for it to happen. As we do tend to look around
then there's no much positive sentiment or news that could really be able to push the market into that higher levels on which you would really be able to assume out that it will really be
that hard to reach up that 6 digit price on the current market condition. Somehow, there's no way to predict or to know on what are the upcoming possible unexpected events that could happen.