Post
Topic
Board Speculation
Re: Bitcoin Prediction 2024 - 2025
by
Dip69
on 05/11/2024, 05:34:39 UTC
I think it should be unobservable for bitcoiners what the price might be in any given year.
All our focus should be on investment only. But there are many of us investors who are only interested in hitting $100k. They plan to sell as soon as they hit $100k. Bitcoin does not run at the behest of anyone. Bitcoin is independent. We can only hope. Bitcoin will not let us down in the future.
Everyone has a specific plan before investing even before they invest they set a specific time frame of how high they will sell the bitcoin price. After the investment, if their Bitcoin investment increases and reaches the expected value, they may then sell their investment to make a profit. So maybe those who are thinking of selling Bitcoin after it hits $100k may have thought of selling after profiting from their investment.

@Student of Bitcoin Your understanding seems to be a bit wrong. True investors never invest on a fixed time basis. Investors who attend bitcoin forums do so at least for a long time. But if someone invests for a fixed period of time, they are not called investors, they are called traders. Such traders never invest. They do market analysis.

However, it is impossible to say who needs what type when. So investors sometimes sell when the price is good (to meet their own needs). Which was never forbidden.