Come on guys, the price is still very cheap, it's only $0.1M now, you can keep buying. In a few years it will happen as it has happened repeatedly in bitcoin history, that people will wish they could have bought at a price as cheap as $0.1M per bitcoin.
It is incredible how fast things are moving, I still remember the days bitcoin struggled to reach 1k and now it finally reached 100 times that price, and now there is a very real possibility it could reach 1 million during the next decade, if not sooner, as I agree with you that at this point, it is very likely this price could be reached taking into account the positive circumstances surrounding bitcoin at the moment, and I wonder, if many years later this will be one of those threads that will be read by other people like us in the future, and they will be incredulous to read that bitcoin at some point was worth less than a million dollars per coin.
There’s really a possibility pf 1M but I think we should look forward and watch out first the price on every 100K since that requires a lot of liquidity in able to push the price with that kind of target.
I will be happy to see Bitcoin reaching even 150K first before dreaming of 1M each but I’m 1M target will come in the future especially if Billionaires decided to enter and play the Bitcoin holding game.
I think this thread will be open for more than a decade so let’s enjoy the ride.
Possibility is there, yet we dont know on what the future looks like or what would really be able to happen on which we know that crypto market could shoot up into those levels on which we didnt even expect that it could really be happening. Even on the current situation on which Bitcoin had already touched up $100k on which tons of people do even speculate that it wont happen when we are still on those low levels.
Now that we had been able to touch it then the next stop will be another x10 or $1M price on which this isnt also impossible too. It wont really be just that a smooth sail ride on this case and there would really be tons of tough resistances that would be on the way. Ex. +100k increment on which these will be surely tough resistances that needs up to be break for us to shoot up into another price level scale. Well, lets just not make ourselves in a hurry so that you wont really be that become impatient on this case. People do make out such actions just because they are really just that in a rush on making things happen.
The goal on here is to accumulate coins as much as you could and as cheaper as you can be able to do so. DCA when the market dips but usually the best time to get in is on the moment or time that the market will really be having its bearish sentiment on which prices will really be that way too cheap. This is the best entry i could say, but the main question is. How you would be able to determine the bottom? Therefore, each investment decision will really be always that giving out an assurance that you had made out on the right spot.