Post
Topic
Board Bitcoin Discussion
Re: Has Bitcoin met your expectations from the time you bought your Bitcoin till now
by
Crypto Library
on 14/11/2024, 18:11:39 UTC
I learned something new now after reading your comments. I understood that as an investor we should have expectations on Bitcoin based on each cycle and not on its lifetime existence. There is no limit to what Bitcoin can do in a lifetime, but at each cycle, there are realistic expectations we can hope for. Funny enough my initial target for this cycle was 100k too but I had at some point that the price wouldn't get to that knowing that the year was already ending, and the 4-year cycle would be eliminated with the 2024 ending. In early November Bitcoin was still at 60k+, it was so difficult to believe that before the month's end, it would hit 90k.
When I was new to cryptocurrency and when bear season was running I had some funds to invest but due to fear I was new and inexperienced I didn't invest even though Bitcoin was around 15k. The regret of which will remain in my future life.
So what I mean here is that we can't think about many things, but we can see that things happen. And Bitcoin is one of those things. I am thinking that my current fund bitcoin investment will fully hold bitcoins with future profit if it touches 100k, I will sell and buy some land with that money and later I will invest again around 2026 or 27 because then there will be bear season and usually a few days ahead. Later the bull season will come again.