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Author Topic: Is anyone still optimistic about BTC skyrocketing $100k?  (Read 8803 times)

Online MUGNIA

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Re: Is anyone still optimistic about BTC skyrocketing $100k?
« Reply #75 on: October 23, 2024, 05:57:00 PM »

At this time maybe we should just wait and buy potential coins to hold until next year, lucky for those who have a lot of capital can buy more coins. My assets are stuck in price and if I sell now will lose, so I can only wait and try to participate in the airdrop to get rewards, and also follow the bounty campaign on this forum.
I still have capital to trade so right now I focus on daily trading while waiting for the market to recover and we see the portfolio return to the way it was before the correction. because sometimes waiting is boring, that's why I do activities with daily trading in order to get profits that I can use to meet my living needs.
Yeah long term investment really is boring and what you did is the best way to gain profit in a slight movement of the market I wish I could but unfortunately I don't have extra money to day trade as of the moment so yeah another missed opportunity. For me there really is price surge but if it will not happen this year maybe in 2025.
I also don't have additional capital to trade at this time. I'm just waiting for the price to improve by filling my time with airdrops and playing games. If I had capital, maybe I would do scalping. Everyone has their own fortune, so I feel like I made a mistake by converting all my funds to altcoins and bitcoins, I should have kept USD. Maybe this is a lesson for us to always prepare reserve funds.
In fact, I think that each person could at least once or more face a situation when an investment decision might have not worked out and it became an interesting story for the next time. That is why it is possible to play games and enjoy airdrops, hope for prices to increase and come back later is a good strategy when capital is low. If we have more capital, then such rather exotic methods as scalping can be an interesting proposition. Each person has their own way to the read the code of wealth and some people learn from their mistakes, oh wait, I just invested all my money to altcoins and Bitcoin while not saving USD well done me. This lesson makes us understand why it is necessary to always have a reserve fund for the worst happening in the market.
Reserve funds will be there if, I think we have more money, so it all goes back to each individual's economic situation, don't force your desires if you can't afford them, even though long-term investments are boring, if we are sure, our previous investments will not be in vain

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Re: Is anyone still optimistic about BTC skyrocketing $100k?
« Reply #75 on: October 23, 2024, 05:57:00 PM »

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Offline Celph

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Re: Is anyone still optimistic about BTC skyrocketing $100k?
« Reply #76 on: October 26, 2024, 09:04:46 PM »
What makes you so confident? Seeing BTC experience several corrections, even quite steep, plunging from $70k to $50k in less than a week...
How confident are you that the BTC you are holding now will be able to break through the $100k level?
Is the halving cycle reason alone strong enough to be the reason??

Forgive me if I am on the wrong board to create this topic.
I believe that the price of Bitcoin can reach $100,000 driven by several factors that can be seen directly, although there is no guarantee in the highly volatile crypto market.

First, we can see the increasingly widespread adoption with more and more large companies, financial institutions, and governments recognizing and adopting Bitcoin, increasing demand and the potential for price increases.

The next factor is the Limited Supply, the total number of Bitcoins that will be in circulation is limited, which is 21 million coins. Directly this limitation, combined with increasing demand, can push the price up.

Third, we can see from the inflation factor and the instability of fiat currencies, Many investors see Bitcoin as a hedge against inflation and instability of fiat currencies. If confidence in fiat currencies decreases, interest in Bitcoin as an alternative asset could increase.

Finally, we can see from the development of blockchain technology, Innovation in the blockchain technology that underlies Bitcoin can trigger new use cases and increase the value of Bitcoin very significantly.
The demand for Bitcoin is constantly increasing, it will be legalized in every country at some point, it will become more complete, more people will start using Bitcoin more and more. As a result, the price of Bitcoin will definitely increase. Moreover, we will see 100K very soon, probably in 2025.
I read somewhere on a recent post on someone  articulating on bitcoin reaching 100k before the year ends i.e 2025 and then i ask myself,with the current state of the market,which investor is still hoping on botcoin skyrocketing to 100?I mean the percentage of that is less than 21% of not below.The market hasn't been really stable as at of last month august and any reasonable investor can testify to this...
Although,i'm still hoping and not really skeptical on bitcoin hitting 80k before this year runs out which is the expectation of most investors on the crypto platform.
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Re: Is anyone still optimistic about BTC skyrocketing $100k?
« Reply #76 on: October 26, 2024, 09:04:46 PM »

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Offline SmartGold01

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Re: Is anyone still optimistic about BTC skyrocketing $100k?
« Reply #77 on: October 26, 2024, 11:51:19 PM »
Reserve funds will be there if, I think we have more money, so it all goes back to each individual's economic situation, don't force your desires if you can't afford them, even though long-term investments are boring, if we are sure, our previous investments will not be in vain
As we know investment aren't just something that brings quicker profit even though there seems to be some investment that gives easy profits due to over hype or something of pump and dump coin or shitcoin that makes people venture into and see it as a quick profits zone or maybe they think it's like Ponzi scheme where they put certain amount and later received huge amount when they pump it.

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Re: Is anyone still optimistic about BTC skyrocketing $100k?
« Reply #78 on: October 27, 2024, 03:37:53 AM »
Reserve funds will be there if, I think we have more money, so it all goes back to each individual's economic situation, don't force your desires if you can't afford them, even though long-term investments are boring, if we are sure, our previous investments will not be in vain
As we know investment aren't just something that brings quicker profit even though there seems to be some investment that gives easy profits due to over hype or something of pump and dump coin or shitcoin that makes people venture into and see it as a quick profits zone or maybe they think it's like Ponzi scheme where they put certain amount and later received huge amount when they pump it.

And I think that's one lesson we should learn from Bitcoin investment, it's really long term. In my case when I was just starting early 2017, I didn't know about that long term perspective. And then looking back if I just hold some of my Bitcoin during that time, I could have made a lot.

So with that mindset, in the following bear and bull run, I was able to save a lot and it really feels good and it's worth it holding for that long and then making huge profit. I just try to replicate it again this cycle and hopefully I still have that mentality and focus as obviously, things have changed a lot.

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Re: Is anyone still optimistic about BTC skyrocketing $100k?
« Reply #79 on: October 27, 2024, 11:50:37 AM »
Reserve funds will be there if, I think we have more money, so it all goes back to each individual's economic situation, don't force your desires if you can't afford them, even though long-term investments are boring, if we are sure, our previous investments will not be in vain
As we know investment aren't just something that brings quicker profit even though there seems to be some investment that gives easy profits due to over hype or something of pump and dump coin or shitcoin that makes people venture into and see it as a quick profits zone or maybe they think it's like Ponzi scheme where they put certain amount and later received huge amount when they pump it.
Something that quickly risks is also bigger and difficult to get maximum results if we don't have experience there. Shitcoin and new projects always offer fast benefits, but the risk is very high. And as much as we avoid shitcoin because I have never gotten the results of investing there, and all the games.
For new projects can be considered if we have knowledge and experience in conducting research in new projects.

Offline SmartGold01

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Re: Is anyone still optimistic about BTC skyrocketing $100k?
« Reply #80 on: October 27, 2024, 07:23:34 PM »
Reserve funds will be there if, I think we have more money, so it all goes back to each individual's economic situation, don't force your desires if you can't afford them, even though long-term investments are boring, if we are sure, our previous investments will not be in vain
As we know investment aren't just something that brings quicker profit even though there seems to be some investment that gives easy profits due to over hype or something of pump and dump coin or shitcoin that makes people venture into and see it as a quick profits zone or maybe they think it's like Ponzi scheme where they put certain amount and later received huge amount when they pump it.
Something that quickly risks is also bigger and difficult to get maximum results if we don't have experience there. Shitcoin and new projects always offer fast benefits, but the risk is very high. And as much as we avoid shitcoin because I have never gotten the results of investing there, and all the games.
For new projects can be considered if we have knowledge and experience in conducting research in new projects.
Sometimes new projects are always risky to invest because you can never detects or factor out what the team has planned about the projects and, if proper research is not made it would lead to serious lose of investment, and I have been trying as much as possible not to let friends invest in shitcoin or altcoin because it's very risky and can lose value at any given time.

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Re: Is anyone still optimistic about BTC skyrocketing $100k?
« Reply #81 on: October 27, 2024, 07:41:25 PM »
Reserve funds will be there if, I think we have more money, so it all goes back to each individual's economic situation, don't force your desires if you can't afford them, even though long-term investments are boring, if we are sure, our previous investments will not be in vain
As we know investment aren't just something that brings quicker profit even though there seems to be some investment that gives easy profits due to over hype or something of pump and dump coin or shitcoin that makes people venture into and see it as a quick profits zone or maybe they think it's like Ponzi scheme where they put certain amount and later received huge amount when they pump it.
Something that quickly risks is also bigger and difficult to get maximum results if we don't have experience there. Shitcoin and new projects always offer fast benefits, but the risk is very high. And as much as we avoid shitcoin because I have never gotten the results of investing there, and all the games.
For new projects can be considered if we have knowledge and experience in conducting research in new projects.

It's a risk + reward type of ratio, usually most of the people out there do lose on shitcoins, and I wonder how much luck is involved when people try to analyze them and their appropriate communities while deciding where to put their money at.

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Re: Is anyone still optimistic about BTC skyrocketing $100k?
« Reply #81 on: October 27, 2024, 07:41:25 PM »


Offline SmartGold01

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Re: Is anyone still optimistic about BTC skyrocketing $100k?
« Reply #82 on: October 27, 2024, 07:53:26 PM »
Reserve funds will be there if, I think we have more money, so it all goes back to each individual's economic situation, don't force your desires if you can't afford them, even though long-term investments are boring, if we are sure, our previous investments will not be in vain
As we know investment aren't just something that brings quicker profit even though there seems to be some investment that gives easy profits due to over hype or something of pump and dump coin or shitcoin that makes people venture into and see it as a quick profits zone or maybe they think it's like Ponzi scheme where they put certain amount and later received huge amount when they pump it.
Something that quickly risks is also bigger and difficult to get maximum results if we don't have experience there. Shitcoin and new projects always offer fast benefits, but the risk is very high. And as much as we avoid shitcoin because I have never gotten the results of investing there, and all the games.
For new projects can be considered if we have knowledge and experience in conducting research in new projects.

It's a risk + reward type of ratio, usually most of the people out there do lose on shitcoins, and I wonder how much luck is involved when people try to analyze them and their appropriate communities while deciding where to put their money at.
Yeah, in shitcoin it's very easy to lose money because you can never analysis what the team has had in a plan about the project, therefore while investing in a project you need to do thorough analysis before investing in that project. Most times, putting in a shitcoin always results to huge lose and we must do our analysis very well before putting our resources.

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Re: Is anyone still optimistic about BTC skyrocketing $100k?
« Reply #83 on: October 27, 2024, 08:00:08 PM »
Yeah, in shitcoin it's very easy to lose money because you can never analysis what the team has had in a plan about the project, therefore while investing in a project you need to do thorough analysis before investing in that project. Most times, putting in a shitcoin always results to huge lose and we must do our analysis very well before putting our resources.

What do you consider as the biggest signal to look after the shitcoin to gain a quick buck on it?
Would there be any indicator that would tell you - "That's the one"?  ;D

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Re: Is anyone still optimistic about BTC skyrocketing $100k?
« Reply #84 on: October 27, 2024, 09:17:21 PM »
Yeah, in shitcoin it's very easy to lose money because you can never analysis what the team has had in a plan about the project, therefore while investing in a project you need to do thorough analysis before investing in that project. Most times, putting in a shitcoin always results to huge lose and we must do our analysis very well before putting our resources.

What do you consider as the biggest signal to look after the shitcoin to gain a quick buck on it?
Would there be any indicator that would tell you - "That's the one"?  ;D
If you would really be that planning on trying out to engage with those shit coins or simply with meme coins into the very start or beginning then there's no way that you could be able to apply some analysis into it or indepth research. There's no way that you could verify whether the team or dev behind isnt a scammer or not just like everyone else. This is why dealing up with
these coins/tokens is really that a hit or miss kind of situation on which on the moment that you will really be dealing up with it then you are really that almost likely on doing gambling.  ;D

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Re: Is anyone still optimistic about BTC skyrocketing $100k?
« Reply #85 on: October 27, 2024, 10:55:44 PM »
Yeah, in shitcoin it's very easy to lose money because you can never analysis what the team has had in a plan about the project, therefore while investing in a project you need to do thorough analysis before investing in that project. Most times, putting in a shitcoin always results to huge lose and we must do our analysis very well before putting our resources.

What do you consider as the biggest signal to look after the shitcoin to gain a quick buck on it?
Would there be any indicator that would tell you - "That's the one"?  ;D
No indicators because I have believe that altcoin mostly works with luck and if you are that lucky enough you would gain money while investing in altcoin, but when the team and project owner has a very bad intention towards the project you would feels so disappointed on your investment. Therefore, there is nothing to luck at a new project rather having the right target and investing in it on the right time

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Re: Is anyone still optimistic about BTC skyrocketing $100k?
« Reply #86 on: October 27, 2024, 10:59:49 PM »
Yeah long term investment really is boring and what you did is the best way to gain profit in a slight movement of the market I wish I could but unfortunately I don't have extra money to day trade as of the moment so yeah another missed opportunity. For me there really is price surge but if it will not happen this year maybe in 2025.
If a long term investment is boring, sure why don't try to trade as well? With trading, we can optimize the chance to get higher profits, too. It will be also interesting and challenging activity because trading can be done every day. However, we need a more effort because trading requires few analysis. Since we do trading more often, we also do analysis more often. Before we buy and trade coin, it is needed to do analysis. So, it will be a fun activity for the person who likes doing analysis.


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Re: Is anyone still optimistic about BTC skyrocketing $100k?
« Reply #87 on: October 28, 2024, 12:41:20 AM »
Yeah long term investment really is boring and what you did is the best way to gain profit in a slight movement of the market I wish I could but unfortunately I don't have extra money to day trade as of the moment so yeah another missed opportunity.
If a long term investment is boring, sure why don't try to trade as well? With trading, we can optimize the chance to get higher profits, too...
Boring long term investment? Probably because people keep monitoring btc price almost everyday, also it will be boring if price doesn't move that much when people monitor it. But the good thing is you will have less worry if your investment will go wrong because of almost no huge leap of price downward, price will have higher chance to reach higher but the question is when .
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Offline satpol_PP

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Re: Is anyone still optimistic about BTC skyrocketing $100k?
« Reply #88 on: October 28, 2024, 03:24:46 PM »
Yeah long term investment really is boring and what you did is the best way to gain profit in a slight movement of the market I wish I could but unfortunately I don't have extra money to day trade as of the moment so yeah another missed opportunity.
If a long term investment is boring, sure why don't try to trade as well? With trading, we can optimize the chance to get higher profits, too...
Boring long term investment? Probably because people keep monitoring btc price almost everyday, also it will be boring if price doesn't move that much when people monitor it. But the good thing is you will have less worry if your investment will go wrong because of almost no huge leap of price downward, price will have higher chance to reach higher but the question is when .
If we decide to invest in the long term, we should not monitor the price of bitcoin every day, because it will be boring when the price of bitcoin seems stuck or becomes panic because the crypto market is correcting.
Investing in the long term, buy when it is bearish and let it be until the bullish season next year to start monitoring the market price.

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Re: Is anyone still optimistic about BTC skyrocketing $100k?
« Reply #89 on: October 28, 2024, 03:55:47 PM »
Yeah long term investment really is boring and what you did is the best way to gain profit in a slight movement of the market I wish I could but unfortunately I don't have extra money to day trade as of the moment so yeah another missed opportunity.
If a long term investment is boring, sure why don't try to trade as well? With trading, we can optimize the chance to get higher profits, too...
Boring long term investment? Probably because people keep monitoring btc price almost everyday, also it will be boring if price doesn't move that much when people monitor it. But the good thing is you will have less worry if your investment will go wrong because of almost no huge leap of price downward, price will have higher chance to reach higher but the question is when .
If we decide to invest in the long term, we should not monitor the price of bitcoin every day, because it will be boring when the price of bitcoin seems stuck or becomes panic because the crypto market is correcting.
Investing in the long term, buy when it is bearish and let it be until the bullish season next year to start monitoring the market price.

You don't really need to keep monitoring everyday of your life bei g a long term holder. Long term holder means they are willing to wait for more than a cycle to cash out.

It's fun watching the price when you are expecting growth of BTC. You wouldn't be hoping for it's price to dip when you are a holder.


 

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