Bitcoin has only limited supply of 21 million with only 10% of it remaining to mine so there is no such thing as over accumulation for me. We should accumulate bitcoin as much as we can. Doing DCA strategy using our spare amount of money after paying the essential expenses is the best approach to increase our holdings without risking our financial security. DCA also is less stressful as you don't need to time the market waiting for the bottom to buy. We're still at the early stage of bitcoin's mass global adoption. There's still plenty of room to grow. In 5 or 10 years, once more countries become interested in bitcoin, it's still possible for its price to increase double, triple, or maybe even higher. Our aim for now while accumulating is to be patient and believe in bitcoin's long-term potential.

Bitcoin has made a wave, this act was signed by Trump and i think is a good idea

I wish government weren't involved in buying Bitcoin but big institutions. It seemed Satoshi was against the way government ran its finances and that informed the need for his creation of Bitcoin to beat out middlemen and banks out of the system. However, we can't say we want to achieve mass adoption quickly if we think government won't step into this industry. Government has to bring in regulation to strengthen the industry and then restore confidence in investors. Without that, the whole skepticism around the industry, its unabated volatility, scam and hacks will control to scare investors away from it. In a way, this industry needs the government for its growth and adoption.

At this point I am sorry to say that this is not needed anymore, the news about Bitcoin is everywhere now and if someone isn't on boarding into Bitcoin already then they don't want to be a part. We can't force them.

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Now that popular companies around the world are talking about adopting Bitcoin? Now that the government of few countries are already adopting Bitcoin? The worst is already behind us, Bitcoin is a success now.

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What's left is people making a choice if they want to be a part or not.

You're supposed to tell if it's a bear trap, right? We are here after one month. Yet, we cannot tell if it was a bear trap. We were moving sideways, and the price range was between 80K and 86K for a long time. We have broken that price range and are now between 92K and 97 97K. If something bad does not happen, like Trump announcing something stupid and the World War situation does not escalate, we will likely move forward.

But as you know, the situation of the wars is not good at this moment. Several countries are already engaged in wars which affect the global market. If global market get affected, the crypto market will get affected as well unless some countries like Russia and China decide to use crypto to pay for weapons.

Misconceptions that many people have is the ideology that since bitcoin is decentralized and give freedom to every user it is misunderstood that it should be private which it is not. Bitcoin is pseudonymous and as such can be used any way you like. Bitcoin is stored on public ledger but one can actually go a bit private if the user choose to use it privately. Using different addresses for each transaction can help to make your transactions private and the other listed methods you stated but still transactions can still be traced if there is need to.

The stereotype of bitcoin been used for criminal purposes is not strange it is one that has been spread by those who hate the technology and wants things to discredit it, monetary scams existed before and after the coming of bitcoin even in traditional banks where there is KYC there are still scams carried out.

When people notice your financial progress and success, they become interested in how you achieve it but consider that they also demand more money from you. I don't know what is the mentality of people in your country but in my country, if you achieve financial success, lots of fake people call you, ask for a loan, some of them push you to buy something for them or hire a restaurant to invite them to good food.
I never share my financial details with anyone, only a few close friends know half of finances. I also do not try to convince others to invest in Bitcoins or to enlighten them because I gain nothing from it and I've noticed that when you give someone an investment advice, they try to make you responsible for their loss but completely forget you when they achieve success.

There’s still good profit, but probably not as good as before.
It’s different now compared to when Bitcoin was valued at just $100, we were optimistic it could reach $1,000.

But today, if Bitcoin hits $100K again, can we still realistically hope for $1 million? I doubt it. The room for growth now is much smaller than it was in the past. However, if you’re happy with a 10x return and you’re willing to hold long-term, then Bitcoin still has potential.

This cycle has been quite different from the previous cycles and complicated also. Previously yes it was true that Bitcoin pump and then the money was move into the altcoins and then the altcoins pump but here when the price of bitcoin was 100k but the altcoins were dumping infact.

It is yet to see whether altcoins play any role in this cycle or we are just keep holding our bags for no profits.

Is not that the golden question? No one can answer for sure when actually will certain prices be hit. But looking at recent performances as well as historical data, we can make an educated assumption at least. Bitcoin reaching $100k would not be a surprise but depending on when is what will surprise me. If it comes earlier like today I will be surprised. If it comes years later, I will be surprised. Because I am expecting for bitcoin to reach $100k this year. It might not be today but I am expecting that it happens later on. With bitcoin reaching close to $96k, my hopes are saying it can happen next month even.

Meanwhile here where I live (in am EU member state) they're only now talking about phasing out the local bank network (the only way to do instant payment in most local stores) and enabling, wait for it... Visa and Mastercard.

Arrived here about ten years ago wondering why they were so backwards -- although have to say it also is home to a very old Bitcoin City.

P.S. There are SPARs here too.

Whether short term or not, the bottom line is that there was an influence. Definitely there might be some weak hands that will panic during that short term and sell when they are not supposed to. These influence may affect people differently.

What I like about all these 8 predictions is that they are all moderate predictions that can be achievable this year. And none of them gave an outrageous price that will make you think all over again about the chances of Bitcoin reaching the said price this year.

However, all these predictions fall between the range of $95k-$250k which most of us would say to the face is seeing the mentioned price of &95k-$250k this year if possible.

When we see that red especially big red on the chart, that will be the best time to buy. The Bitcoin price will be back to the high price and give us the profit. So that's why the investor willing to buy more and more to have many Bitcoins. Those new investor really need to learn more if they don't want to panic seeing the market moves into red.

I just had to agree with your point because I have seen potential merchant traders just starting out without a control for their greed and impatience.

Knowing when to stop trading to collect profit and secure the capital invested in that particular trade is a skill that some of our newbie traders would have to learn from experience of loss and also the concentration to focus and understand how the market is moving at a particular time of the day is a peck to add up the sleeves.

OK thanks,
simply the new buying is "outside the fiscal sector", i.e. as a private placement. Life continues with 6,161 btc...

Crypto has become one of the legal investment instruments in my country. Someone can make crypto transactions but most of them are through CEX. But BTC is still illegal as a means of exchange. And most people in my country still don't know about crypto. So in general BTC is still not possible to make transactions because almost everything like food, groceries, clothing or automotive does not have a payment option with BTC. But if you want to use BTC you can easily exchange it for FIAT. Even though the exchange is in large amounts like around $ 10,000 you have to wait up to a day for verification by the Bank. But if we talk about the community then I am grateful that I have a crypto community where we can make transactions with USDT or BTC. My friend once bought a car using BTC in 2023. And he bought it from a friend in the same community.

If you ask me, I never trust the governments when they talk about Bitcoin. because we know bitcoin was there to defend our privacy and the governments are defenlty against it while I think now since the countries see bitcoin a good opportunity to have better financial situation, there's the chance for them to really tell the truth and they can even use this opportunity to make the poor damaged financial better.
I think this should not affect Bitcoin, its price and the freedom it can have. The Federal Reserve knows they can't damage it.