Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
laijsica
on 06/12/2024, 08:51:07 UTC
Bitcoin hitting $100k plus is there anyone still not trusting Bitcoin.
Now this will make those who didn't take Bitcoin seriously to start accumulating aggressively in other to meet up but it may lead to there fall just calm down and continue accumulation slow and steady and don't let anyone deceive you that Bitcoin will not reach $200k.
Some set of people will become consistent now and later give up because Bitcoin didn't grow to $200k or more as fast as they were expecting and after giving up and as time goes on Bitcoin fit's $200k and more they start regretting just like they are now that Bitcoin is $100k.
Seeing bitcoin at 102k benchmark shouldn't be the reason for any new investor to start accumulating bitcoin aggressively when he's not prepared for it because I see that as a dumb idea, because if you don't have the extra funds to invest aggressively, you will end up selling your bitcoin when the need of what you want to use the funds for arises.

A new investor shouldn't be investing on bitcoin because of the price at which bitcoin is, but because he wants to invest in a long time and acquire more bitcoin for himself and save his discretionary income from inflation in the long run so that he can remain focus on his target. This is because if you are acquiring bitcoin based on the price that you expect it to reach within a given period of time, you will be disappointed and frustrated if the price goes against you. Also we should only focus on our own bitcoin investment how to grow and build it by keeping our business accumulation ongoing, than distracting ourselves on what others are doing.
Any new investors that is overly excited to come in to Bitcoin just because because of the Miles Stone Bitcoin has achieved today will also be carried away to think that Bitcoin is a quick and get rich scheme and at such they might make wrong investment decisions and can even invest the money that is not meant for investment and may not stay too long growing their investment, bitcoin has ups and downs hence it takes those has that personal conviction reasonable enough to lead  them in to Bitcoin to uphold their stand, maintain and sustain their belief, love and commitment they have for Bitcoin in all conditions whether Bitcoin is going up or coming down.

Anyone new to bitcoin still needs to get started.  That is step one, and the price doesn't matter, any no coiner needs to start out by buying some coin.  Otherwise they are ONLY preparing for down, which may or may not end up happening.
I agree with you. Waiting for a time frame to invest in Bitcoin is a waste of time, which can delay us from stashing. It is exciting that if we wait any longer, our wealth may be wasted differently and it is time to decide on a rational strategy. To cope with the multifaceted pressure of wealth psychologically, we should make investment decisions with the expected opportunity to hold Bitcoin through more realistic behavior. For newcomers, this can be a great starting point and an opportunity to accumulate Bitcoin regardless of the ups and downs of the market. I am here urging the formation of a stash by coordinating with the rational behavior of the market, which can make a bitcoineers richer and richer over time than a no coiner within the means. Yes, as @Tmoonz mentioned, to maintain love and competition long time.