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.
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.
Honestly speaking, I expected a massive pump but not so early my thoughts were that it would happen early or late Dec period but here we're, yes the month of November is a bullish month but I was expecting it to be around 70 or 80k mark then pump immediately to 90k then 100+ around Jan 2025. Atleast this would teach doubters that Bitcoin has lots of potential to go higher and it's best to seize the opportunity to buy now that it's way cheaper, one mustn't wait for the price to dip before buying cause while waiting for dip the price could just skyrocket to an ATH that would make the person regret, imagine waiting for Bitcoin to dip when it was 70k then before you know, it's 90k plus and going to $100k. Anyways , it's not bad for someone who's held Bitcoin for about 4 years and more to take profits but on a second thought it would be wiser to take some portions and continue holding and accumulating with the remaining instead of taking all.