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Quote from: Muba20 on July 24, 2025, 10:59:36 AM

You need to get rid of the idea that you can get rich quickly by investing in Bitcoin. This is not a quick scheme for earning money. Investing in Bitcoin cannot guarantee you profit, but if you invest patiently, there is a great possibility of getting good returns. Bitcoin is the most volatile currency, and it is very natural for there to be a price correction at any time. If the price is slightly down at any time, do not panic, but if you can hold Bitcoin regularly, then it is definitely possible to get good returns. Moreover, it is more convenient for those who do DCA when it is down. In terms of investment, if you keep accumulating a part of your discretionary income in Bitcoin regularly, it will help you risk-free and stress-free investment and you will be able to keep a large part of Bitcoin in your possession in the long term.

You are right.I think next month we might see Bitcoin at 130,000 because we saw the new ATH this month. But we may expect that Bitcoin can reach 1 million after the next six or seven years because seven years ago or on this day in 2018 Bitcoin was worth 7716 dollars but after seven years the price has reached 123,000. In words 7700 and where is 123,000. Did we ever think that Bitcoin would be worth this much? So let's think about what Bitcoin's price could be after the next seven years. This shows that Bitcoin has huge potential but need to be patient.

I think you should focus on accumulating Bitcoin Rather than speculating Bitcoin price in the next few years to come. No doubt that Bitcoin will be bullish in the up coming years, and even as we are anticipating on Bitcoin price, we should not be overexcited about the future price of Bitcoin, because we may be disappointed when it didn't work out the way we plan. judging from your speech, it took Bitcoin 7 years to move from $7716k to $123k maybe for that reason in the next seven years, Bitcoin is expected to hit $1m or will also increase by such percentage. My friend Bitcoin is not calculated in such manner. Bitcoin doesn't have a straight forward movement, it is volatile which make it unpredictable. For Bitcoin to achieve $1m it will take longer time compeard yo its early days. It might take 20 30 or 40 years who knows when, but my main point or concern is that we should not be over speculative about Bitcoin price but take advantage by buying some portion of it gradually gradually, and anything that comes out in the future will be good for us than speculating about Bitcoin future price. Sometimes people end up speculating and end up becoming a no coiner or low coiner.

Focusing on the price to come is not healthy and can lead to panic selling. If you are true to your DCA alone with your Discretionary income, you won't see any reason to focus more on the price. I also think that when you start thinking much about selling, you may need to reduce your DCA allocation, this would increase the amount of money at hand for your daily spending in the care of extreme discipline that could make life a bit stuffy. It is good to take care of yourself and always have money at hand for mini expenses including your emergency funds and back up funds.

As a bitcoin investor, what happens tomorrow is not supposed to be your worries but how you accumulate today. Bitcoin is yet to receive the amount of publicity it deserves and when this happens, more investors troop in and the price keeps going up. The volatility of bitcoin is it's strength, so instead of predicting it's next price, let's focus on accumulation first.

I totally agree with you because as an investors once your focused is based on the fluctuation of Bitcoin in the market your mind will never be at rest and it is not be advisable to any investors because that can make an investors to change his/her mind to trade his Bitcoin when your investments has not accumulated for long term but the best way to overcome this monitoring Bitcoin price in the market as an investors is to have a target on when your investments should last for you and with such plan, as an investors you can be be patient enough to wait for a long term. So our focus should be based on buying Bitcoin aggressively if you have a discretionary income to invest with, you can invest as much as your discretionary income can go for you, it is advisable to invest wisely in order to avoid running out of cash that might lead an investors tempering his Bitcoin portfolio on the process of accumulating.