Quote from: SPIDERMAN008 on Today at 12:23:14 PM

Quote from: MusaPk on Today at 09:55:33 AM

Quote from: sotelorene on August 24, 2025, 07:24:40 PM

Quote from: MusaPk on August 24, 2025, 05:54:02 PM

Based on Bitcoin price analysis it's now clear that in future it will go more up from here. Their is nothing to worry if Bitcoin over 100k take a dip of 10k or even more. What's our concern should be that are we ready for 200k or 500k which Bitcoin will hit in few years. Our readiness for such high price is how much we have accumulated at lower prices. If we set our price target of 250k, then imagine how much profit you will get if you have bought Bitcoin bought at current price.

I think you are over exaggerating because no matter how volatile Bitcoin is, I don't believe it can dip to $10k again unless it has lost it potential and if Bitcoin should dip to that amount even the big whales and every other investor will began to fear, you personally will be moved so don't even think of such Dip because that's craze. There will be Dip yes because Bitcoin is dynamic in nature but regardless we should take our investment serious and make best out of this moment we are seeing using our discretionary and hope for the best in the future.

What I was trying to say in my earlier post is that as long as price of Bitcoin is over 100k then a decrease of 10,000$ wont be a big concern. Like few days back price of Bitcoin was 124k and now it's at 112k, this means price has gone by 12k. We must not be worried about such small decrease.

The other scenario is that if Bitcoin price goes down below 100k to 90k or 80 then we can say price has gone down significantly. In that situation it's best to take a break and hodl your Bitcoin. No need to panic because price of Bitcoin will eventually recover in the long run.

I agree with you. In fact, it is a very common thing for Bitcoin's price to fluctuate. And even if it drops a lot, there is no problem. In the past, the price dropped a lot. Later, it turned around. In 2017, the price was around $20k, later the price decreased and was approaching $3k. In 2021, the price was around $69k. In this way, the price rose a lot, and after a long time, today in 2025, the price of Bitcoin is above 110k.

Past price drops and later gains of bitcoin are there to stand as things to learn from and know that the fluctuation in the price of bitcoin is never an indication that bitcoin is in it worse state. the fluctuation only shows bitcoin as a volatile asset that experiences all this kind of movement and with time will still gain and grow past such downward fluctuation. even if bitcoin goes bellow $100k, it does not make bitcoin any worse, we can still buy at that time because bitcoin is still a safe haven bellow $100k

Selling bitcoin just when bitcoin goes down is not a good investment plan. The ''what if" brings fear to investors and cause them to make wrong investment decision by selling because they answer the "what if" question the wrong way. instead of selling because of the thought that, "what if" bitcoin goes down and never goes up again, it is better to ask a rather better "what if" question which can go thus; "what if this is the lowest bitcoin can get to before it goes really high?" another can be, "what if this is just an opportunity for me to buy at a decent price?

we all have our moment of panic especially knowing that we are mostly newbies that are just learning and investing. but from the basic knowledge that says that bitcoin is a volatile asset, there is every encouragement in it to keep holding even in times of fluctuation.

kingstep

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