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Cryptocurrency Price Speculations / Re: Bitcoin post-halving price consolidation could last 2 months
« on: Today at 03:43:49 PM »Are you referring to this cycle or in general that it will no longer be possible to buy under $100k? In any case, I believe that regardless of the strength of the bull run, in the end there will still be a correction, and that it will not be less than 50%, which will mean that at some point the price of BTC will again be as it is today (possibly even lower).
As for hesitating and waiting for the "right moment", it is certainly some kind of game or even gambling - because although it is possible that the price will fall even lower, it is also possible that it will not be much lower than the levels we had recently. In addition, a lot of people today are not at all satisfied, even when you tell them that within 1+ years they could earn 100% if they invest in BTC, because they dream of earnings from the past, and today's numbers are missing at least one 0 more that is not at all realistic.
After the next bull run cycle, the probability of Bitcoin falling below $100k is not inconceivable, but it is unlikely. I'm not sure when BTC will reach $200k-400k, and if I tell my kids that I bought my first BTC below $400, they'll never believe me if they don't see a Porch or a Ferrari in the basement. LOL My current purse is not enormous, and I feel that BTC is becoming further out of reach with each passing year.
Gambling is a way of life, so I'm just taking my chances now; if it falls below what I expected, I'll stack 70% of my savings; if it stays the same or rises slightly, I'll stack 40% of my savings and gamble 30% on Ethereum.