Post
Topic
Board Bitcoin Discussion
Re: Will you buy back in when Btc reaches $3,000?
by
Iranus
on 27/02/2025, 04:09:04 UTC

The first thing I want to say is that there is no way Bitcoin will ever reach $3000. But if we were to assume, then I would buy a lot of Bitcoin, because it is really a very cheap price and I would try to fill my pockets, because I believe in the words of a famous person who said "to be fearful when others are greedy and to be greedy only when others are fearful".

As of now, Bitcoin's all-time high price was $109k in January and compared to the current price, Bitcoin has dropped more than 20%.  Have you bought more or DCA yet, or are you still waiting for the price to drop further? If you are not ready to DCA with the current price correction, I don't think you will have the courage to buy when the price drops to $3k. Because the drop from $109k to $3k is not a small drop and not something many people expected, it will cause more panic than excitement. No offense, and I mean there is a huge gap between saying and doing, saying is much easier.

Regarding the high predictions you mentioned, maybe right now they are pessimistic that it will happen, but we don't know whether it will happen or not, because 2025 is still a long way off, it could happen in Q4 or the end of the year of 2025.

To be fair, the market is unpredictable and no one knows what will happen this year and what the price of bitcoin will be. All are just our predictions based on history and market cycles but there is no guarantee it will always repeat.