I finally accumulated 0.1 bitcoin!! - page 5.

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Quote from: Hazink on July 11, 2024, 11:30:35 AM

Currently that amount should be about $6k+ with current price @58,600 so you can achieve $30k when the price of bitcoin reaches $255k.

And that's huge so there is more chances not that that amount in this bull season. According to some analyst in this bull season bitcoin will be on 120k or around of this . And past history of bitcoin bull season are also saying kinda same thing if look back to the previous bull season before touching the 69k Bitcoin was around 30k so there is a high chances Bitcoin gonna be touch around 120k and so that the op cannot gain 30k with this amount of Bitcoin.

My suggestion for op will be continue the investment with the DCA method to make more profit and besides accumulate some stable fund to invest in next bear season around 2026 to 2027.

dzungmobile

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Quote from: ykim240515 on July 11, 2024, 11:25:12 AM

I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?

First I congratulate your successful accumulation of 0.11 BTC that is not feasible with many people.

See

Second, about chance to make $30,000 in this cycle?
Let's do a simple math.

0.11 BTC for your entry, assume at today price is $57,611.73, it takes you $6337 in entry capital. I know that if you purchased bitcoin with DCA, your entry price would be not $57,6111 and your capital is different than $6337.

Assume your entry is like above, to make $30,000 in profit, you will need Bitcoin price is at $330,338. It is too high and impossible for this cycle. Sorry to make you feel bad and hopelessly.

Code:

. di 36337/0.11
330336.36

Ruttoshi

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Quote from: ykim240515 on July 11, 2024, 11:25:12 AM

I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?

If bitcoin price pumps 5x and make a new ATH in this circle it is possible that is if you only choose to hodli. On the other hand if you continue to accumulate bitcoin continously using DCA method weekly or monthly, it is possible for you to accumulate an amount that will reach up to $30k when bitcoin price hits $120k in this circle.

It is not a good idea to tell the public or people how many bitcoin that you own for your own safty from arm robbers and player haters.

Hazink

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Currently that amount should be about $6k+ with current price @58,600 so you can achieve $30k when the price of bitcoin reaches $255k.

ykim240515

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I am 20 years old man living in South Korea. I finally accumulated 0.1186448 BTC. Do you think I can make $30000 in this bitcoin cycle?

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