perhaps meeting the market value at this point $118 is not supposed to be considered as late entry, if you consider this as late entry how much more those that may likely meet the price at $200k.......they won't see it as a late entry while those early investors that meet the price at a starting point would see it as a late entry, but one thing for sure is, they're going to learn there lessons so that when next they're given such opportunity they won't let it slide but to utilize it in that initial time.
First off is their anything like late entry in Bitcoin investment, I think the answer is no, yea people might have made the mistake of not investing in Bitcoin when they are supposed to buy that doesn't stop them from investing anytime what matters now is their ability not to keep waiting and wondering about, even though Bitcoin price touches down to $200k as you said those that couldn't by then
may still want to buy because they now understand better that what they are actually looking at is not the immediate price rather it is the future that matters, at any point in time, anyone can actually invest, if those that couldn't invest at a low price keep giving themselves excuses, them just know that they weren't actually ready to invest but as for someone that has learnt his or her lesson I think there's nothing anyone will tell him to deter him from investing in Bitcoin even when the price is high.
When bitcoin touches $200k, $2 million and/or even $20 million and higher, anyone who happens to be a no coiner or a low coiner at that time, has no choice, except to buy bitcoin in order to prepare for up and to save their value in something that holds or appreciates in value... otherwise they are not prepared for up... so yeah, it is too bad if they had not actually prepared earlier.. but that is likely the way that we are going to continue to go in regards to bitcoin.. with the low coiners and no coiners continuing to have to buy at higher and higher prices in order to change their status into being an actual coiner, which it likely where many folks are going to need/want to be, at some point, sooner or later, especially if they want to build and/or preserve wealth rather than having to always be working to get money and their savings not sufficiently holding value.
Unfortunately, you can't predict the future. 2050? I think it could be much closer. Maybe we'll get one million bitcoins by 2030.
What he said is a general principle, and it's important to remember that the reason Bitcoin's price will continue to rise isn't due to developments or changes in the times. Rather, it's specifically due to supply and demand. Bitcoin's price increases because of high market demand, so don't associate it with something broad without understanding it.
Have you bought it? You should have done so during previous downturns.
Actually, we can't really tell anyone about the future, but we have to move forward with our future plans. People don't believe in breathing, so they can die at any time, so why don't they plan for the future? Of course, we should save thinking about the future. And for this, I think Bitcoin is good. Yes, I bought it and set a target, I will buy a little bit every month. I won't think about selling it. It would be good if it were in 2030, but it is not possible to say whether it will happen so soon, although the demand for Bitcoin is increasing day by day. So the price will also increase day by day, supply is low, demand is high, so it is natural for the price to increase.
It seems that the odds are pretty high that bitcoin will at least touch $1million and higher by 2030. It might not stay above that price, and surely it could even end up touching $1 million by this year or next year.. It can be difficult to know with any level of confidence, which does not take away from the idea that guys likely need to be accumulating bitcoin at any price at least for a good 4 years or longer...and yeah, of course, guys have to judge for themselves what to do, and then to be the ones who experience the consequences of their actions (or their non-actions).
perhaps meeting the market value at this point $118 is not supposed to be considered as late entry, if you consider this as late entry how much more those that may likely meet the price at $200k.......they won't see it as a late entry while those early investors that meet the price at a starting point would see it as a late entry, but one thing for sure is, they're going to learn there lessons so that when next they're given such opportunity they won't let it slide but to utilize it in that initial time.
First off is their anything like late entry in Bitcoin investment, I think the answer is no, yea people might have made the mistake of not investing in Bitcoin when they are supposed to buy that doesn't stop them from investing anytime what matters now is their ability not to keep waiting and wondering about,
There is nothing like late entry in bitcoin investment, when you have funds to buy and hold bitcoin, Once you have the funds in your hand or bank account, you can buy bitcoin from the market without considering the current price in the market, I know some of my friends who was waiting for the price of bitcoin to decrease in this month of July before they can buy bitcoin base on they are not financial buoyant, but the price of bitcoin increased to $118k yesterday that surprised those my friends, As I said before, there is nothing like late entry to bitcoin, all you need to be ready to buy bitcoin at anytime, is to make sure you have your funds ready to buy bitcoin as much you want.
Your example shows that people frequently get themselves into a pickle, and it is better to be ongoingly buying bitcoin for anyone who is a no coiner or a low coiner. Even some guys will choose to hold back some value for buying dips and that might not necessarily be a good idea, rather than just ongoingly buying. Each person has to figure out for himself the extent to which he might choose to hold back some value for buying on dips rather than just buying regularly with whatever they have available.
Maybe we might see 1M price target in the near future like it’s not a dream a anymore.
Surely when $1 million was further away, it was seeming difficult to reach, yet we have had bitcoin price runs that had been far greater than 64x within a cycle, even if we count $15,479 from November 2022 as our bottom.. .. which seems like an artificially low jumping off point.
If we count 2015 prices of $250 as the jumping off point for the 2017 run that topped at $19,666 - that is a 78x price appreciation
If we count 2019 prices of $4,200 as the jumping off point for the 2021 price run that is still a 16x appreciation
I personally think that something like $27k in October 2023 would be a more appropriate jumping off point for this particular run (rather than the $15,479 bottom price), so then right now with our most recent high of $118,839, that would be deemed as merely a 4.4x price appreciation for this run so far, and so a 10x run would bring us to $270,000, and $1 million would constitute about a 37x price appreciation, which does not seem completely out of reach, even if many of us would be quite surprised with such a price run for this particular cycle since we are already through half of 2025 so it can be hard to determine if the run is still gaining momentum or if we might lose some of our UPpity BTC price momentum at some point in the near future.