What could possibly happen to ppl who's anticipating on BTC hitting $100k soon

iBaba

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Quote from: SatoPrincess on September 18, 2024, 06:57:37 PM

E don tay way I don dey hear say bitcoin go soon hit $100k and I dey hodl my bitcoins dey wait that day. Bitcoin price no be wetin person go fit claim expert for na only guess we fit dey guess base on the data way we get. Me no dey shake if e go take 10 years from now before bitcoin reach $100k I ready to hodl till that time pass sef. My own target for bitcoin pass $100k cos if we don see $70k wetin dey special about 100k.

I like how you take approach this matter with all sense of honesty and humility. The matter be say bitcoin no be like any other kind of fiat currency wey individuals like me and you or better put, people wey they government go fit just certainly talk about like that, all na just mere speculations and predictions. Na wetin even make am they more unique and special from the conventional fiat currency. It's working on a decentralized system and the worth of the coin is mostly determined by the volume of people influencing the market especially the investors pulling in and out their resources.

I sha they reason say Bitcoin go fit hit significant high when Trump of the United States eventually becomes the president and decided to invest some resources of the state into the coin. This can also happen at a time when the bull run is expected to hit his all time high while we also expect that the Vladimir Putins effect on adopting the bitcoin for international trades take place too. We can be rest assured that Bitcoin will hit the 100k bar and beyond.

Sonia_123

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There is nothing that will happen to them,they just have to stop being in a hurry in other to have a stable life, not always losing track and getting disappointed, they would have to be who they are, except they don't know what Bitcoin is all about, Bitcoin not reaching $100 as being predicted by some persons few months ago is good because a lot of persons were rushing investing into Bitcoin for short-term thinking within one to two months the price must have even gone beyond $100, which never happened because of that they sold off their investment, Bitcoin still remains,the gradually increase in the price of Bitcoin make one knows who are the real investors, because they never sold off their investment since they understand how it works.

SatoPrincess

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E don tay way I don dey hear say bitcoin go soon hit $100k and I dey hodl my bitcoins dey wait that day. Bitcoin price no be wetin person go fit claim expert for na only guess we fit dey guess base on the data way we get. Me no dey shake if e go take 10 years from now before bitcoin reach $100k I ready to hodl till that time pass sef. My own target for bitcoin pass $100k cos if we don see $70k wetin dey special about 100k.

Odusko

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Very good number of them will be disappointed at the end if the day, because with the current situation, we still have a long way to go before bitcoin hits $100k price, and in as much as that is, we still have to keep in mind some of the factors that could limits all that from happening at some point,, before the last bitcoin halving, many bitcoin speculators predicted that we are going to see a price above 150k which was somewhat out of proportions but then that was just a specualtive statement.
Bitcoin will definitely surpassed the 100k benchmark mark, but when that will come, no one knows and until then, all are just speculating the market, and there is nothing much about that that could change anything that much, so for sure we need to all learn how to be patient in following our bitcoin investment, and we should not take bitcoin as something that gamble with which it must produce results in short term, but it has to take time which is why we stated that bitcoin should be viewed as a long term investment and not short term.

Zanab247

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Quote from: Odohu

The truth is that Bitcoin will definitely hit 100k but not when people are expecting because no one know when it will happen. Those that will exhibit frustration are those who expect it to happen in the time the expect it which will most likely not happen. Apart from that category of people, those who understand that the market is heavily unpredictable will follow it patiently and with optimism and will focus more on buying at lower prices and holding until we reach the target of 100k.

I no that $100k is no longer far from those that are expecting the price from the market because they have seen what happened early this year for the price to break into $73k, before it started dumping to where the price is right now. I believe no one know when the price will happen or occur in the market, but the prediction will surely come to pass if you can wait for the price to come to reality because there are some people who are expecting the price of BTC to hit $1m before they can sell, which I know it will surely come to happen in the market but it will take a long years before it will happen.

Just make sure your BTC are saved in your wallet first, when waiting for the price to hit a new price and it will make you to exercise patience for the price of your choice to come through for you to make profits.

Stable090

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Quote from: sotelorene on September 04, 2024, 05:31:45 PM

Anticipating on Bitcoin price hitting or surpassing $100k is actually not bad but the way most persons are going about it is really not good. We all know that Bitcoin is a very nice asset to invest in and it's also volatile in nature so even if it doesn't cross $80k or $100k this year is not something we should be surprise or worried about, I believe most persons has expectation I mean they have a figure they are expecting Bitcoin to reach this year but the earlier we know that Bitcoin is very hard to predict the better for us.

It’s normal to anticipate on the price which bitcoin price might go within a period of time, but that doesn’t mean we should have confidence that bitcoin will hit the price at the specific period of time. Nobody sabi d price wey bitcoin go hit at a particular period of time, nobody Dey sure when bitcoin go pump or dump, sometimes self na when people don Dey too talk say bitcoin go pump, na that time e go dump, and na when people Dey expect bear na him e go pump, so make we just Dey make prediction, e no mean say we go too get confidence say e go pump.

If your expectation don too high, and at the end e no come happen, na Wetin Dey cause disappointment be that now, some people go even lose confidence in bitcoin, so make we no allow our expectations too high always.

Antotena

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Quote from: sotelorene on September 04, 2024, 05:31:45 PM

Like I said earlier, it's not like it is not good to anticipate or expect more but it shouldn't be In a way that we will find ourselves in the above mentioned state. The way most people sound about it seeing that it doesn't happen that way can even give some newbie negative vibe, so I go jus advise make we dey accumulate our Bitcoin regardless of what is happening currently in the market using the DCA method to increase our portfolio before that time comes.

It's good to be bullish on Bitcoin investment but it's oh a fool that hope or anticipate to see profit that is potential. Money that is potential is not something you need to put your mind into, you need to remove your mind completely but me optimistic about Bitcoin future. This is why they preach against it not to borrow money to invest, never plan that you will use your Bitcoin profits to do something following because things can go the other way round.

If Bitcoin should even hit 100k from here, I don't see it as a big achievement, that's just 1x of where the price is trading or even less because Bitcoin right now is around $59k. So what's the big deal in expecting something big when Bitcoin reach $100k unless you bought a full Bitcoin which I might see as a big money considering the value our dear country compare to dollars.

CryptopreneurBrainboss

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Quote from: sotelorene on September 04, 2024, 05:31:45 PM

Like I said earlier, it's not like it is not good to anticipate or expect more but it shouldn't be In a way that we will find ourselves in the above mentioned state. The way most people sound about it seeing that it doesn't happen that way can even give some newbie negative vibe, so I go jus advise make we dey accumulate our Bitcoin regardless of what is happening currently in the market using the DCA method to increase our portfolio before that time comes.

Bitcoin doesn't owe us any price, anyhow it can grow that's how it'll grow. Our expectations that one na our own concerns because Bitcoin will or will not reach the $100k trading mark.

Although me no think say reasoning that Bitcoin will surpassed $100k in this bull run is over estimating because with the kind exposure wey Bitcoin done get so far. E no supposed hard am to reach that price.

If we fit reach $69k without major institution money coming in, we should be doing better than that with the inflow of big money incoming in so far. Na we no dey invest, big Investors are buying Bitcoin steadily and they're taking lots of Bitcoin from the market so we no go get enough to buy and this can trigger a price surge.

Anyhow sha make we no too put hope for Bitcoin because it's a volatile assets that appreciates and depreciate anyhow. We go still just hit the $100k trading price and immediately we begin they see the market fall anyhow, taking us back to where we currently are, everything dey possible.

GiftedMAN

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Quote from: Smartvirus on September 07, 2024, 05:10:48 PM

I no sure say you go see plenty people way go Dey discouraged say Bitcoin no hot $100k in this year. Next year maybe but, e no go be discouragement shah via say, discouragement suppose make you commot body for Bitcoin but, if na disappointment, people go feel am plenty.
The thing be say, people just know say, if e no happen in this year, e go happen next year and if e no happen next year, e go sup upper year. Na the hope be that and na everything way you need to not break faith with Bitcoin because, through en history, e no Dey fall hand like that.

Normally some people don dey disappointed already because bitcoin been no enter $100 during the bull run as them been dey expect, I been know some people wey been don dey accumulate bitcoin since with the hope of selling it during this year's bull run but as e no come work out, most of them been feel bad but at the end of the day them still dey hold am still dey believe say e fit cross the said amount even by next year.

People no supposed too put body with when the price of bitcoin go hit $100k because e go make dem dey para when them no later see the price in that position so the best advice go be for them to keep believing that one day e go happen and when e go happen make them live to benefit on the bull run.

Fiatless

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I bin dey expect say by now the price for don reach like $80k becos of the ETF vibes, but my expectation don go over the bar. But I hear say September no dey bi good month for Bitcoin, so I no dey shake too much. But the thing wey fit make Bitcoin reach that $100k wey OP dey talk na if the US Feds reduce interest rate well well. If them cut am like 50 point, the thing fit make the price go high this month. And if them continue to dey reduce am through out the year, the price fit hit $100k by early next year.

But for men them wey dey target to cash out, my advice bi say make you no dey greedy. If the price reach the position wey you go collect some good profit, no hesitate to collect your money.

Promocodeudo

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Quote from: Lida93 on September 05, 2024, 01:36:34 AM

100k isn't too much expectation for bitcoin price to reach, all things been equal its possible for the price to hit that mark. The only question is "when"?, It could be this year or next. Just invest within your maximum risk level and hodl it there, it will help you to be unperturbed about the delays.

People that are getting discouraged right now are those who have gone all in out of euphoria of bitcoin reaching in on a new ATH and where thinking it's going to be a straight uptrend any time from that. This is why we are usually reminded to invest in an amount of funds we can afford to risk losing without it affecting and disturbing our emotions to act otherwise. Your timing may not be same with that of the market, always remember this.

Exactly, though it is an anticipation but Bitcoin reaching that price isn't a big deal hence we already know how volatile this asset is, it is very much possible for anything to happen along the line, lets not forget that when you anticipate it gives you the mind to prepare for the future knowing fully well that you are expecting an important asset to hit it's highest price, though anticipation has it bad side, it raises hope that may not be realistic at the end of the day but as bitcoiners i expect us to be optimistic and hopeful at all time, we dont have to have discouragement mindset, at all time we should be prepared despite that some people dont believe that 100k can be actualized at the end of this year it shouldn't discourage us from doing the needful, i think we should continue buying the litlle we can even though the price doesnt reach our expectation at the end of this year, the future is still bright and there is nothing to worry about hence we know that the market has a way it works is likely possible that it may may favour our expectation that's why I suggest that one should be doing the needful continually in other to benefit if it finally reach 100k this year.

SmartGold01

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Quote from: sotelorene on September 04, 2024, 05:31:45 PM

Like I said earlier, it's not like it is not good to anticipate or expect more but it shouldn't be In a way that we will find ourselves in the above mentioned state. The way most people sound about it seeing that it doesn't happen that way can even give some newbie negative vibe, so I go jus advise make we dey accumulate our Bitcoin regardless of what is happening currently in the market using the DCA method to increase our portfolio before that time comes.

I don't just expect people to feel very weak or sad about bitcoin because if they were following up with the bitcoin historical data they would know that it is not possible for bitcoin to just hit that price they are expect and hopping at, beside we just have about 3-4 months now for the year to finished and there is no guaranteed that the price must hit 80-100k in just a single moved after hitting the All Time High. Of course at this present condition DCA is the solution to keep one accumulating much volume of bitcoin to wait for the rally, it could be this year or next year but we can't be so certain that the price will go high or low but we just have to be optimistic about the bitcoin hopping that something good happens as we expected it.

Smartvirus

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I no sure say you go see plenty people way go Dey discouraged say Bitcoin no hot $100k in this year. Next year maybe but, e no go be discouragement shah via say, discouragement suppose make you commot body for Bitcoin but, if na disappointment, people go feel am plenty.
The thing be say, people just know say, if e no happen in this year, e go happen next year and if e no happen next year, e go sup upper year. Na the hope be that and na everything way you need to not break faith with Bitcoin because, through en history, e no Dey fall hand like that.

Obim34

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Quote from: Odohu on September 05, 2024, 04:43:58 PM

The truth is that Bitcoin will definitely hit 100k but not when people are expecting because no one know when it will happen. Those that will exhibit frustration are those who expect it to happen in the time the expect it which will most likely not happen. Apart from that category of people, those who understand that the market is heavily unpredictable will follow it patiently and with optimism and will focus more on buying at lower prices and holding until we reach the target of 100k.

Bitcoin price can be speculated and aswell predicted, speculation can be based on some random minor poses while predictions are of the highest analysis and reasoning yet majority of times we can't uprightly tell what the price will be in due time. The market earlier was hovering in the greener phase which made many of us assume we might hit the $100k value mark before the end of the year but seeing the odds are lesser now. Not hitting the assumed price should not be a problem, why hurry to reach that price mark when this bottom is rightly where we add more to our portfolio.

Just like you said, it's all about understanding the market, since the market is hardly predictable and out of individual manipulation we just have to trust the price movement blindly, knowing fully well we definitely will hit that ATH but not accurately as speculated/predicted.

DiMarxist

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This one na something wey dey happen and na normal prediction but the problem na when your prediction no go as plan, even if prediction no go as plan no mean say person go put emotion because the outcome go bad to an extend quitting.
Bitcoin go reach $100k anytime depend on the situation no be must say na the time set na wetin people never understand, bitcoin go still pass the $100k na just time and patient bitcoin need so anticipating $100k now no bad but no be with pressure wey go make person stop investing.

Dzwaafu11

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Quote from: sotelorene on September 04, 2024, 05:31:45 PM

1. Discouragement: too much expectation and anticipation on Bitcoin can lead to discouragement if it doesn't go as expected.

As an investor, too much expectation and anticipation is not good because you will surely get disappointed. The market is very volatile; it will not go as you want all the time, so for you to be on the safe side, just invest and wait for the price to hit your rate, then sell. Furthermore, to avoid discouragement, that is why you were told to invest the amount you can afford to lose so that you will be able to leave it there for a long time before thinking of selling till the price reaches your target.

Quote from: sotelorene on September 04, 2024, 05:31:45 PM

2. Doubt: There's a point where one will trust something I mean hoping and also expecting that particular thing to get to a desire point and if unfortunately the thing doesn't, it will create room for questions.

Someone who believes and knows where he or she put his money is not supposed to doubt the investment. Doubting will result in losing because if you are doubting where you put your money, you will definitely sell it because you will think selling it will be the solution to what you are doubting. That is why you need to learn well before investing.

Quote from: sotelorene on September 04, 2024, 05:31:45 PM

3. Weak/tiredness etc.

Don’t feel weak or tired; trust the process, and if you have money to invest, do it.

Dailyscript

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There is a saying that good things dont just come easily. Yet at the same time, it is fine to anticipate the good things no matter how long it takes. Being hopeful that Bitcoin will reach 100k this year is still possible and that alone is a motivation for us to keep buying as much as we can. If we lose faith at this point in time not everyone would want to keep buying. Waiting for something great is not tiring to me, I do not know how it is to other people but it keeps me motivated while patiently waiting for it. Although the assurance is already there that it will hit 100k.

7juju

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Quote from: sotelorene on September 04, 2024, 05:31:45 PM

Anticipating on Bitcoin price hitting or surpassing $100k is actually not bad but the way most persons are going about it is really not good. We all know that Bitcoin is a very nice asset to invest in and it's also volatile in nature so even if it doesn't cross $80k or $100k this year is not something we should be surprise or worried about, I believe most persons has expectation I mean they have a figure they are expecting Bitcoin to reach this year but the earlier we know that Bitcoin is very hard to predict the better for us. Below are the things which I think will happen If Bitcoin price doesn't go the way they expect it:

1. Discouragement: too much expectation and anticipation on Bitcoin can lead to discouragement if it doesn't go as expected.

2. Doubt: There's a point where one will trust something I mean hoping and also expecting that particular thing to get to a desire point and if unfortunately the thing doesn't, it will create room for questions.

3. Weak/tiredness etc.

Like I said earlier, it's not like it is not good to anticipate or expect more but it shouldn't be In a way that we will find ourselves in the above mentioned state. The way most people sound about it seeing that it doesn't happen that way can even give some newbie negative vibe, so I go jus advise make we dey accumulate our Bitcoin regardless of what is happening currently in the market using the DCA method to increase our portfolio before that time comes.

It is not bad for people to speculate or have something to look up to. After all bitcoin is hope, and people who have set some certain price that they believe that bitcoin will get to shouldn't be discouraged. They have the right to do that, and also deep down they know that those are mare speculated prices, which may happen or may not happen. Since it is a 50/50 situation, have you also figured out what will happen to them if eventually bitcoin gets to that price level that they are also anticipating? That's why patience is encouraged in bitcoin investment, people believe that bitcoin will get to certain price level, even if doesn't happen this year, it will happen next year or the year after. So all they have to do is be patient while waiting for the speculated price to be hit.

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Quote from: sotelorene on September 04, 2024, 05:31:45 PM

Below are the things which I think will happen If Bitcoin price doesn't go the way they expect it:

1. Discouragement: too much expectation and anticipation on Bitcoin can lead to discouragement if it doesn't go as expected.

2. Doubt: There's a point where one will trust something I mean hoping and also expecting that particular thing to get to a desire point and if unfortunately the thing doesn't, it will create room for questions.

3. Weak/tiredness etc.

Na true talk you just yan so my dear friend, because Bitcoin na investment wey we for never disturb ourselves about price when we put our money inside, because for the fact say it was able to skyrocket within 10 to 15yrs, it is a more reason why we no need to see am as a get rich quick scheme, but rather an investment which usually offers great return within a long term investment, hence, it's far better than saving our funds in fiat currency, whereby it's value dey depreciate always daily, whereas Bitcoin to appreciate daily, despite it's fluctuating nature.

AVE5

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Quote from: sotelorene on September 04, 2024, 05:31:45 PM

Below are the things which I think will happen If Bitcoin price doesn't go the way they expect it:

1. Discouragement: too much expectation and anticipation on Bitcoin can lead to discouragement if it doesn't go as expected.

2. Doubt: There's a point where one will trust something I mean hoping and also expecting that particular thing to get to a desire point and if unfortunately the thing doesn't, it will create room for questions.

3. Weak/tiredness etc.

All being outlined are true and engulfed within investors who fails to let beginners about the volatility of bitcoin, they're more interested of convincing them that bitcoin is a lucrative asset and attracting them too much to the anticipation that we've reached a 4 years circle of anticipating of the bull run. So, to all expectations of such Investors is that in any given moment the bull run would kickstart were Investors could multiply their capital on the interest of making overnight profits.
Other hands is the bitcoin market emotional sentiments which every investors are expected to achieve their goals of investment which can be considered are one of the derivations in predicting and determining future market prices.

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