Topic: Bitcoin price hit a new ATH again at $107,500+ and I am happy to see my friend h - page 3. (Read 521 times)

While that sounds encouraging, I wouldn't guarantee any of my friend on how it is going to be in the year end or by 2025. I'd give my opinion but I will always say that Bitcoin is highly volatile and it might or might not be able to reach the price that I desire to see. I've learned in my past when I've got these friends as well that became interested when the price is moving up. They didn't sold at the peak but sold at losses during the bear market and put the blame on me even if I've explained everything well to them and I have no control to the prices. If I were you, I'd tell them to sell whenever they are happy and comfortable but Bitcoin is here to stay so that no blame is in you if ever that 18%-19% gain started to drop.

I can't answer that because I don't think it will happen, and even if it does, I've explained all the risks but I see them looking excited because they also see and find good news about Bitcoin including all the good news about Trump.

I don't understand because I think they are smarter than me including my education and they are different, maybe because they are too busy and also have more than enough income so they are not interested in getting involved even though they already know and I assume maybe I am the right person and also his old friend who made him finally get involved.

It's good that your friends made some profit from Bitcoin and shared this good news with you. But what if it was the other way around? It wouldn't be nice if the price of Bitcoin started to fall and they blamed you. That's why I don't give advice like that to anyone. It's good that the price is going up and your/their investments are appreciating because we're in a bull market, but in a crash or a bear market, people will look for someone to blame.
I have told many of my friends what Bitcoin is for years. But I never gave buying advice and I never said that the price of Bitcoin will be this much. These are all assumptions, there is no certainty. I believed that Bitcoin would be $1 million one day, even when Bitcoin was in the triple digits, we've already seen 100k. But I would never tell anyone to invest in Bitcoin because the price will multiply 10 times. It's useless to take responsibility for that and it doesn't do me any good. Everyone should make their own investment decisions.

I wonder how happy your friends gonna be if bitcoin drops down to let's say $60k, which is always a possibility.  

Anyway, I sure hope you explain to them that in the end there's still some risk involved and there is always a chance (despite how small it is) that they will end up with nothing.

Rule number one, Don't promise or guarantee anyone over bitcoin price, secondly, don't be overconfidence.

Don't be over excited here because bitcoin is a volatile currency, remember that before the recent all time, bitcoin was at $103,000 and here we are now for $107,600 all time high, which tells that we cant predict accurately what the market may turned to be, you can wake up tomorrow morning to discover that the market have already plummet to $90,000 and anything can still happened the more we go, but don't promise on people about a volatile currency, in case of any other time.

It's great to see you and your friends happy! However, I’d suggest avoiding specific dates when predicting a Bitcoin target price. Bitcoin has a way of surprising and shocking everyone. Instead, you could say, "Bitcoin will definitely reach $150k if you HODL," but avoid attaching a timeframe.

There’s no guarantee, and no analyst can promise certainty. It’s also possible that BTC could drop below $100k by the end of the year. If that happens, your friends—especially if they’ve invested at $90k and are still new to Bitcoin’s movements—might feel disappointed or upset. Good luck, and let’s enjoy the ride!

Bitcoin will soon reach $110,000 and currently the price of Bitcoin has reached 107,500 and this makes 2 of my friends very happy.

I have two close friends who used to be my music friends or band friends, and now we rarely meet because they are busy working as Pilots and the other one because he works out of town. And we met on November 18th at a place we often visited at that time, and we chatted a lot while asking about our activities and I told them that I was involved or invested in Bitcoin, they knew about crypto especially Bitcoin but didn't know the details and its functions.

And they seemed curious to know more and finally I gave a basic explanation along with the benefits that I had gotten and also the real results that I had gotten finally my two friends were interested and I immediately and at that time also made a wallet and so on for my two friends who are still communicating until now, moreover my two friends are smart and immediately understand and can also operate it finally they bought Bitcoin on the night of November 18th and I don't know how much they bought if I'm not mistaken around $90,000+.

And earlier my two friends contacted me when the price of Bitcoin reached $107,500 and they were very happy and I was happy to see my two old friends happy because they had made a profit of 18% to 19% from the price they bought on that date and I forgot how much it was at that time.

And I continue to motivate them to continue holding or if they want to continue buying periodically because I guarantee that in 2024 the price of Bitcoin will reach $150,000-$180,000.

And I want to know your response, because I also don't want to interfere in their affairs after getting involved with Bitcoin even though it's because of me. But I'm sure they also have intelligence, understanding and also have the ability to grow in this industry and we also always communicate even though I sometimes ignore and divert the conversation because I don't want to feel dizzy.