Many people think that today's price is too high, but they do not understand that, This price will seem much cheaper in the next few years later. Those who stay away from buying Bitcoin at this time, they will regret for "not buying at this price" in the future. Bitcoin sometimes dumps like this, but after that Bitcoin more pumps even stronger. So those who cannot take advantage of this opportunity will always lose such opportunities, so just plan for the future and keep investing with a long-term holding perspective. Don't worry about the price, just keep buying, because once this opportunity is lost, it may never come back again.
Until now, no one has been able to predict the future, and I hope no one will ever be able to. Bitcoin is an uncertain market, anything can happen at any time. According to the current market demand for Bitcoin, it can be assumed that the price of Bitcoin will increase in the future. But it can never be guaranteed that the price of Bitcoin will increase.
We can expect that the demand for Bitcoin that is currently there will be a lot more demand for Bitcoin in the future. If the demand for Bitcoin really increases a lot in the future, then the current value of Bitcoin is very small. Save Bitcoin for the future, such as long-term investment. Long-term investment is much less risky than short-term investment.
I don't need to be guaranteed any anyone when it comes to bitcoin investment, but that doesn't mean that I don't have this conviction that bitcoin price will be far better than it is today in the next few years from now. Let's say a decade from now bitcoin price won't remain the way it is right now. To me that's a somehow a level of conviction. And since in have this conviction, it does serve as a motivation to me. If we as long term investors don't have this conviction, then why do we keep investing and holding bitcoin for long-term? If as long term investors we are convinced that people who are in for short term profit are making financial mistakes and we believe that long term hold is the best way to get the most out of bitcoin investment, that alone is enough to serve as little form of conviction to us the investors.
Even though nobody has guaranteed us that bitcoin will get to certain prices, but believing that the price won't remain at this range in the next decade is enough for an investor to keep accumulating. We don't have do be speaking like people who are not convinced about bitcoin. If you ain't convinced that bitcoin is destined for a great future, you might not be consistent with your accumulation and holding journey. As long term investors we don't have to be sounding like people who are confused about what we are doing or sound like broken records when talking about bitcoin achieving higher prices in the future.