Is physological price only 100k btc on the year end

the ghabbar

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Quote from: udayantha11 on September 10, 2021, 11:59:04 PM

As we know, all over the crypto space all are talking about btc wil be 100k on the year end.

I believe that hope is not a strategy. So realistically most new investors loose money.

I

It is very natural that many people talk about bitcoin, considering that the first cryptocurrency was them and currently bitcoin is the target of many people to invest, realistically many investors have suffered huge losses in the crypto world and there are also investors who get the most out of crypto today, it has happened as long as this cryptocurrency exists and it's no surprise anymore.

ZaraCB

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Quote from: Mamun74 on September 12, 2021, 12:18:16 PM

Bitcoin price more increase day by day.Bitcoin is the most valuable coin in crypto.Remember that few years ago bitcoin price was under $10k but now Bitcoin is average $45k$.I think it will be more increase in this year and it will be reached $70k this year.I think that bitcoin price increase more than $100k but it will be not by this year.

It is very difficult to predict what the price of Bitcoin will be in the future. Every moment our prediction changes. For example, when Bitcoin dropped to $29k, we didn't think it would cross $50k again. When Bitcoin crossed $19k in 2017, we never thought it would go below $3k again. So let's see what will happen in the future.

Woodie

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In the long term we can say that $100k/btc is the psychological target but as things stand we have $50k and $60k which will be difficult to break because price hasn't been able to stay above $50k for a long time not until market psychology of everyone trying to short the market changes then can we say market is ready to be bullish once again.

Quote from: Rana590 on September 12, 2021, 12:16:56 PM

There are many people who are not believing in Bitcoin. But Bitcoin has proved several times that what kinds of crypto currency it is. When Bitcoin will touch $100k, many people will regret for not buying at the time of dip. We need to buy more Bitcoin as it is still near hand.

That fact that it came from cents and has gone as far a $60k, how doubtful can we be that bitcoin is real....what sign are we really waiting for Roll Eyes

Mamun74

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Bitcoin price more increase day by day.Bitcoin is the most valuable coin in crypto.Remember that few years ago bitcoin price was under $10k but now Bitcoin is average $45k$.I think it will be more increase in this year and it will be reached $70k this year.I think that bitcoin price increase more than $100k but it will be not by this year.

Rana590

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There are many people who are not believing in Bitcoin. But Bitcoin has proved several times that what kinds of crypto currency it is. When Bitcoin will touch $100k, many people will regret for not buying at the time of dip. We need to buy more Bitcoin as it is still near hand.

makishart

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Quote from: udayantha11 on September 10, 2021, 11:59:04 PM

As we know, all over the crypto space all are talking about btc wil be 100k on the year end.

People were expecting this to happen based on their prediction and some people were also using the whole chart of bitcoin to determine what will be the next trend that may happen with bitcoin.

Quote from: udayantha11 on September 10, 2021, 11:59:04 PM

I believe that hope is not a strategy. So realistically most new investors loose money.

That's not a strategy but people were trusting bitcoin may come back again with higher ATH than the old ATH. Basically, what you're talking about a big strange. The investors must have already known that all of the risk when investing in the crypto. The investors put their money to get good return but think again the market can't be dictated.
When people are seeing bitcoin potentially to go to the as high as people expected and it's called the trust.

zulfi125

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Bitcoin price will reach more than $100k but this will be not by the end of this year, I hope will be graudlly increase and after coming halving this will be more than $100k but before reach price $100k BTC price can be decrease and market can be a correction in various times.so I hope this will be $100k.

hitsnorth

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Most investors will lose money only if they would sell BTC. A lot of them will do i guess. $100K is achievable goal for the end of the year but it doesn't curved in stone.

RealMalatesta

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Quote from: udayantha11 on September 10, 2021, 11:59:04 PM

As we know, all over the crypto space all are talking about btc wil be 100k on the year end.

I believe that hope is not a strategy. So realistically most new investors loose money.

I do not believe that it will be 100k by the end of the year. However that doesn't mean that there is a zero chance that it will be 100k, I just think it is low chance ,but not zero chance. Plus if you make an "investment" to sell at 100k then you will be fine because instead of waiting until the end of the year, you will wait a bit longer but eventually one day it will be 100k no doubt. This is why I feel like it is totally understandable to make those kinds of investments.

I personally have bitcoins and I won't sell even at 100k, that doesn't mean that I will lose money, I bought way before this period, so I am already in good profit, and I am still not going to sell at 100k, so if you make investments long term, you will not lose.

Brus123

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I strongly believe that Bitcoin will cost even more than 100 000$ one day, but maybe we need one more bear market before it? We see the current falling that is caused by overheating. Market needs to cool down first and if people don’t leave the market during this period and there will be a new wave of hype, I think that Bitcoin will be 100 000$ eventually.

trauchot

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I agree, I also see a lot of predictions about the price of bitcoin every day and most of the forecasts says that the price of bitcoin should reach 100k$ till the end of this year, but I don’t trust any forecaster, and also there are several months left until the end of this years and I don't think that bitcoin will reach 100k$ this year, and of also if you just believe that some cryptocurrencies should grow in price just like that, then its wrong, because of this you can lose all your investments if you will invest in cryptocurrencies just like that without thinking and without analysis.

passwordnow

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Strategy? in what term that thinking of bitcoin going to $100k is a strategy? it's a prediction and speculation that many of us believes.

Quote from: udayantha11 on September 10, 2021, 11:59:04 PM

So realistically most new investors loose money.

They lose money because they lack of knowledge and didn't do their research before investing. They panic after investing whenever they see the price of bitcoin goes down. I've been there and many of us too that's why you have to do your research before investing.

King Khaizan

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Standard Chartered is taking a bullish position on bitcoin. Standard Chartered's newly formed cryptocurrency research team estimates the potential for bitcoin's price increase to double.

In the projections of the Standard Chartered team, the value of bitcoin will reach US $ 100,000, at the beginning of next year. In fact, bitcoin has the opportunity to touch US $ 175,000 in the long term.

The bank also said it "structurally" values Ethereum in the $26,000-$35,000 price range. However, the cryptocurrency with the second largest market capitalization value was only able to reach this price range when the bitcoin price approached the US$ 175,000 range.

https://insight.kontan.co.id/news/standard-chartered-prediksi-harga-bitcoin-bisa-sentuh-us-100000-tahun-depan

Laughingfool

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Quote from: udayantha11 on September 10, 2021, 11:59:04 PM

As we know, all over the crypto space all are talking about btc wil be 100k on the year end.

I believe that hope is not a strategy. So realistically most new investors loose money.

I

You must trust your own judgment in everything. Pareto's law always exists. This is an investment probability event. News information is for our reference, a basis for any decision we make, but not a conclusion.

udayantha11

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2023 would most likely be as bearish as 2022

As we know, all over the crypto space all are talking about btc wil be 100k on the year end.

I believe that hope is not a strategy. So realistically most new investors loose money.

I

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