Today I see the market starting to recover and bitcoin is trading back above $105K. Anyone who accumulated on the dip the day before has seen how well that approach has worked so far - that's how the market rewards those who use it correctly. Don't be afraid when the market goes down for one reason or another - it will eventually recover for a reason.
Those who were able to buy when it was $100k and quite lower, they're winners now. It only takes a gut for someone to take a risk and those who did it, congrats already in advance.
The recovery that has happened today is due to the announcement of Trump that Israel and Iran agreed to have a ceasefire and it's most likely that we'll see the end of this year.
Now this is a really good news for everyone even we're far from the battlefield, we're thinking the same so that there will be no more casualties and collateral damage to be taken.
I think I have said this before and am equally going to say it again, Bitcoin is seriously on the rise because it's still in it early days, so wether their is a war or not, just buy and hold, because in like 10 to 20 years time from now, this current price that we think is too expensive will be like buying Bitcoin when the price was $10k, so as long as you are only thinking long term, just buy and hold, the rest will be history.
Finally, try to accumulate a very huge stash of it because the unit of your Bitcoin is what's going to determine how successful you might be in the future, so just buy and hold, it future is bright.
In as much as I believe in the long term goal of buying and holding bitcoin which is a very good strategy, I also do not conform to the statement you made which states that “In 10 to 20 years time from now, this current bitcoin price will be like buying when bitcoin was $10k.” Now if I may understand you clearly, you’re trying to say that the current bitcoin price will be on the increase in the next 10 to 20 years time. Anyone who understands the volatility of bitcoin won’t buy to such idea 100% because there’s also a possibility that in the next 10 to 20 years time, bitcoin price may also go down. There are several factors which affects the price of bitcoin and most of these factors are generally unknown to us and we can’t control them. Well, as an investor whose initial strategy is based on the long term goal of accumulating and holding, we don’t really have to pay too much attention to the market price or situation, our focus should be on our consistent accumulation of bitcoin and build up your portfolio with your discretionary income.