Bitcoin investment is such a trilling venture. Everyday comes with it's surprises. At 63k per bitcoin, a lot of investors felt it has surged amounting to withdrawal of investments and not willing to buy. But recently we can all see that bitcoin cannot be predicted since it goes down and up always. Achieving this all time high of 100k has left many investors dumbfounded. In as much as it's better to invest discretionarily, it has also shown its tendencies of changing ones life with a further push.
In 2011, BTC was at about 0.004k. many leased off and returned back later to buy at over 8k when the prospects grew higher. Bitcoin has come to stay and a day will come when we will record another all time high of 200k.
I was not particularly surprised by the $100k price of Bitcoin. I had full faith that Bitcoin would hit $100k this year or early 2025. I was certainly surprised that it reached $100k earlier than expected, but it is not a shocking event. I am currently dreaming of $1 million per Bitcoin. We may see the $200k price you mentioned very soon, maybe before the next halving.
I am not too worried about the price, I am fully confident that Bitcoin will become a more valuable asset in the future. That is why I am trying to be more focused on buying rather than focusing on the price. The risk of Bitcoin should not be ignored. It is important for an investor to know the risks of Bitcoin. I would advise you to gain basic knowledge before investing and deep knowledge about Bitcoin after starting to invest. Do not delay your entry into investment to gain knowledge.