Post
Topic
Board Bitcoin Discussion
Re: Congratulations to all Bitcoiners
by
FortuneFollower
on 06/12/2024, 08:22:25 UTC
Hopefully, I will be the first to say this, but congratulations to all Bitcoiners who were able to hold on for this long
It obviously wasn't easy as it required discipline and dedication
---
We will be back again
When it hits 500k
You aren't the first one because right after Bitcoin reached the $100,000 price mark, I think more than 5 users created their own thread regarding "Bitcoin reaching $100,000" with a congratulatory message inside the thread. Cheesy

Well, a day after it reaches that price, we are seeing Bitcoin back below it yet again and it even reached as low as $90,000. It's good that it quickly recovered, but I had a regret because I already put a short position at $103,000 and I closed it very early Cheesy. Nevertheless, it didn't sustain its price above $100,000 so I believe we will remain below $100,000 again for this month. Like all of us, I'm happy that we've seen Bitcoin surpassed that $100,000 yet again. On the flipside, it didn't sustain because there are many sellers at that price or above it hence, the significant drop in price in just a few hours.

$500,000 per BTC? Maybe after 2 bull runs, and that will be in... 2033. Cheesy

Agreed.
Much time is needed for BTC to pass that target, to age like a fine digital wine.
 Cool
Overall, the dips along the way are no problem - with diamond hands and knowledge inside of your head, it's all temporary and doesn't hit a nerve.