Quote from: ejikeme24 on Today at 11:08:23 PM

Quote from: Cpt_reader on Today at 02:56:06 PM

I think there is no need to wait for investing in Bitcoin. Because I myself bought Bitcoin when it was 25,000 and sold it at 40, thinking that this might be the highest price.

If you buy at 25,000 and sold at 40, you're not worthy to be called an investor but a trader because what you were doing back then is short term investment and not long term investment is only when you're into short term investment that you can easily be moved to sell or having the feeling that $40k could be the final ball stop, did you even make research before investing into bitcoin or maybe you just pick interest in it and start investing into bitcoin when you don't even have the basic knowledge....I think this could be the reason why you were just making exaggeration back then.

The potential of BTC is something that many people don't see those who usually call themselves investors can set goals perhaps when it reaches a target, they say that was their objective, However there are investors who know the potential of BTC and choose to wait or hold as much as possible, the longer the better.

Buying is a great option BTC has shown good buying signs it has even dropped to $104,000, and those who bought are already in profit., BTC is expected to reach $120k they'll see whether they sell or not, If they sell there's always a smart investor who buys.

And if you want to be even more ambitious or curious about this potential, you can see how some people show their analysis here:

Bitcoin metric says $100K BTC was the bottom: When will a rally to new highs start?

Quote

*Bitcoin’s monthly outflow/inflow ratio has dropped to 0.9, signaling renewed long-term confidence and accumulation.

*Despite aggressive short-side pressure on Binance derivatives, BTC has remained in a tight range between $100,000 and $110,000.

*Over 19,400 BTC were moved into institutional wallets, indicating strategic positioning by long-term holders.

Quote

After breaking above the $100,000 level on May 8, Bitcoin
BTC
$108,956
price has closed every day above the psychological level. While BTC posted a lower range deviation to $98,300 on June 22, the crypto asset remains close to new highs above $111,800.

Cointelegraph:https://cointelegraph.com/news/bitcoin-metric-says-100k-btc-was-the-bottom

The outlook looks good, but it's just a way to know that the outlook is good So, if you buy and the price drops, or if you buy and the price rises and you sell in the short term , you'd be cutting into your own investment.