Re: Bitcoin hit 97k

Bitcoin go soon reach 100k I no expect say to see this kind pump for the market. I know say after Bitcoin halving, Bitcoin price go pump but na from next year I dey expect to see the effects of the having. This pump we dey see now na because of US elections.

Quote from: Barikui1 on November 21, 2024, 07:11:53 AM

Because those early investors wey sell their Bitcoin at 1k been think say them don cash out big time

Those people still cash out because I believe say them been buy Bitcoin at a cheaper price before them sell am for 1k. Bitcoin don reach 99k, collect profits if you want because the market go retrace sooner or later.

Right now I believe everything wasn't sure of the pump being so rapid because from many talk and gist I have read here everyone or should I say majority of Bitcoin enthusiast were speculating the massive pump to be in the year 2025 which everyone knows completes the four year circle although I don't know if the pump would continue still after this price pump because whether we believe or like it or not they would be retracing of the price and also a bear season will still come but if you are the investor that plans to hold for long then all these shouldn't be an issue for you.

That is how it is, despite them selling at that price we can't argue if they never made profits, i am sure they made huge profits because they bought at cents then selling for some thousand dollars, it is a good profit from any investment. We might be mocking them for selling then but forgetting that same is applicable as of now, if we should sell at this point in few years to come we will be rocking on X5 and more of what the current price is at this point. The most important lesson here is to make sure in our Bitcoin journey we should be numbered among those who made fortunes from their investment portfolio.