Topic: What could possibly happen to ppl who's anticipating on BTC hitting $100k soon - page 2. (Read 491 times)

You're right countless time I keep reading threads concerning this aspect that can bitcoin Hits $100k in the near future? Actually no one can predict the next move of bitcoin, but is obvious that bitcoin has a good potential in the future, so since we  know about the future of bitcoin I see no reason why we should be worried about that, all we need to do is to keep accumulating I think this is the right time to accumulate as much as we can now that there's still a deep in the price of bitcoin, so that before it will surge to it's normal price by then we most have accumulated a lot in our portfolio.

Actually I know at this point in time most people will be scared to invest in bitcoin reason is because is not going the way they expected, one thing we should know is that if our expectation didn't work out the way we expected that's not the end of the world, we don't need to be discourage, is just a matter of patient till when the right time comes.

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.

Irrespective of the market uncertainty which anyone that comes to the space should know, there is something special about Bitcoin which is it's slow and steady movement and of course it is better of that it is going gradually as it is also given opportunity to those that are accumulating to buy more in a lower price compared to when it will become higher than what it is today, what we need to do is not to expect too much by balancing our emotions towards volatility as an inherent trait of Bitcoin, surely anything can happen either going up down. However, it is better to focus more on increasing the quantity of Bitcoin we have as a kind of preparation for what will happen at the top, but yet we can still consider what we believe as having possibilities.

Expectations and disappointments are part of the daily life of a cryptocurrency investor they can expect a positive increase in price and get disappointed when there is a constant dip but that doesn't stop an investor from expecting for a better day.

A lot of people who has predicted the price of Bitcoin this year has been disappointed but they have taken it as a lesson but still they are still expecting the price to rise to the level where they predicted even if it doesn't happen before the end of the year people will never stop expecting something good because  they have the positive mentality already.

OP you try for your advice but one thing you should know is that even as in be say na speculation wey everybody dey do about wetin the price of Bitcoin go be but e dey good make person dey hopeful for the speculation wey him make because naim go give am the gingering spirit to invest more and hope for a better future. One of the things wey dey worry us na fear, doubt and impatience and one thing wey we need to know be say na people wey get mind to hold their Bitcoin for a long time naim go fit enjoy the real benefit and profits of their investment because as Bitcoin na volatile asset e fit no go as we dey predict am to be so make we no put all our hope say within so so period see wetin the price go be because if e no dey the wey we plan am e fit lead to some kind controversial scenario wey be say e go make people dey get doubt about Bitcoin.

Any body wey dey hold Bitcoin no supposed to dey care about wetin the price go be but no for dem to dey think of how dem go buy more add for their portfolio because even if the price reach $100k and your holdings come small wetin come be the gain wey dey there now so make we forget wetin the price go be and focus more on buying and accumulating.

As for peso mind wey be to hodl Bitcoin for long term, this current decline price of Bitcoin no go bring much issues on his or her side, on when $100k go mature. Wetin the peso know be sae, the upcoming bull run go d higher than the previous one for price, if history should repeat itself.

This time around, from this year till next year, some of us are being hopeful that $100k benchmark go fit happen based on sae $100k is higher than the previous ATH of 2021($68k). Na to be patient and see it happen. The peso should forget about the decline, and focuses on accumulation of Bitcoin

The way alot of people speculated the price or bitcoin to hit 100kish price in the last quarter of the year Q4 is what has spiked up the tension in people's mind beginning to have doubt on their decisions of diving in to bitcoin during the ha living expect that with the speculations in their minds they could make bitcoin a get rich quick scheme for them to profit and leave market but what they forgot is that bitcoin a volatile asset that can't be for sure predicted but we can only set goals on long term and achieve them.

Regardless it's very important to know the nature of bitcoin before making it a choice because it can go side ways making your investment seem like a regret but if you invest with what you can afford to do without in a very long period of time you will end up profiting as much as you wanted. bitcoin is never a get rich quick scheme so if we speculated it's price to hit 100k that doesn't mean we are guaranteed and I believe people who invest in bitcoin for a short term might be in regret or in doubt at this point.

NB: No matter what happens in the market never expect to bitcoin to go in your desire direction because it might end up disappointing you big time.

The thing is almost every holder is still anticipating the bull run even though  we aren't sure but everyone keeps speculating about it that there's still going to be a bull run following the pattern  of the successive previous halving periods.

The thing is that we had a New ATH even before this year halving  which makes it  promising for something massive but mostly all having has a pattern of being extra bullish the following year after a halving  period, readers can check my post to see the pattern.

What I noticed  about the anticipation thing  is that with the way  we had a new ATH before the halving, investors were expecting an early bullish period and that's mostly (short term investors), been dissapointed could be[b ]one [/b] of the reason we are still having some price correction but nevertheless, it's a good thing we anticipate 100k and even more  so far we are willing to hold otherwise I think so many people might be dissapointed and lose their capitals to FUD before the anticipated period arrives  

It was fair to say that bitcoin price prediction of $100k was as a result of the spike it had during the ETF approval and the volatility it had went it created the all time high of $73k then. Right now the market is in a bearish form making it three consecutive months that the price will be in down turn. Historically this was expected, one because many had predicted a heavy correction after the price had actually gone and left some unmitigated gaps below so technically it needed to come down and fill them up. Secondly the Q3 of the year is usually bearish and this years isn’t different. So my prediction is that the September month will Be bearish but we will still see price increases this year again as we will be bullish in the last quarter of the year. Would the $100k price be achieved I think the chances are slim as that will mean a movement of over 30% in just three months which doesn’t happen recently with bitcoin.

Price prediction is a good thing but don’t just set a high price expectation and one needs to have a very good profit target.

Said it perfectly, those who are thinking long term do not care about price fluctuation, they have already stored their bitcoin and moved on with their life, its only those who are in for a short term profits or those without knowledge of how the bitcoin markets work that keep monitoring and getting worried over market movement. I've stored my bitcoin and i know i would be in profit in the next 3 years so why should i be worried about price today? many who claims to be in the space still do not know how the market works, its crazy

The rise and fall of Bitcoin price is nothing new to me anymore, the time I was into expecting the price to move as I want had pass and I have already loved how it's very slow in the process. To be frank, Bitcoin price movement is really a tools to teach the society that it's fruitful to be patient, that nothing comes easy, don't expect to be rich overnight by merely purchasing Bitcoin, if you haven't been patient in your life, Bitcoin price will teach you, like it or not.

The pain of these really goes to the newbies that hasn't understood the crypto industry and how it works, they think the opposite and thinking once you venture into crypto, your profits starts emerging immediately. I've been bullied by those that I introduced to buying Bitcoin, it's been 1 year few months now, there is a decrease in value of their assets, they blamed and kept calling me because they are tired, lost hope, they request to sell off, but they couldn't because they are already in loss. They wan kill me wen I tell them to accumulate and buy more.

Omo, na the game be that, you think say na child play to wait after a periodic cycle of 4-5 years for Bitcoin to reach new ATH, na people wey don dey into this game know wetin I dey talk.

E de very important say make person wey want to enter Bitcoin investment to ask questions and make research about am before im go begin to hodl am. Without proper knowledge about am newbies go de panic during dip and dem go fit to de get over high expectations for price to skyrocket make dem make plenty profits. Before di halving wen we see new ATH I even think say within some few months price go reach $100k but when I begin to de see say instead price de dip, I come remind myself say Bitcoin investment requires patience.

Di strategy as we still de experience dis dip na to use di opportunity to de buy if we get di money, hodl and wait until anytime wey price go reach $100k. Di assurance wey I get be say Bitcoin na store of value and di price go always increase and reach ATH for every bull run. Bitcoin na long term project and as you buy am make you comot mind say na dis or dat perticular time you go begin to collect your ROI. Wetin matter be say on the long term price go de surely increase and ATH go de happen.

I would also say this that over expectations in some cases likely leads to disappointment. Crypto market is volatile and unpredictable as we all know that and there is never a time when the market has been stable that one could say that they could easily tell the next move but rather they speculate about the whole thing to see how it goes. It is not bad expecting bitcoin price to hit a $100k price value but doing away with such thought and focusing your mind on the possibility of it would be very safe and convenient.

Most times, over expectation discourages someone when it is not met and this has been the challenges facing newbies because they have failed to understand as the system works and to not always have a high hope on crypto market as it is very volatile. We all are very much anticipating that bitcoin hits such amount of money value and yes we believe and know it would get to that price but  what we have to consider is time factor. Looking at the beginning, bitcoin started from a minimal price years ago and to this point in price it is now and so it will take time to get to the price it is expected to be and that would be in the future which no one can tell pending when it happens.

While expecting it to get to that price in value, are you prepared for the market? What fraction of bitcoin do you have? what are your accumulation strategies? aside all these, do you have alternative source of investment as backup if it happens that bitcoin price does not align as expected? You see, some questions are worth it when you have high expectations towards something and also preparing  yourself to meet your supposed desire.

This have to do with alot of things such as the level of the person knowledge of the bitcoin market, also because of that the way bitcoin got introduced to the and how the give in they best to make sure they do some research about how bitcoin market movement works, it's not a bad thing to anticipate 100k bitcoin price, but then also we have to put alot of things into consideration when dealing with what the outcome of the future price of bitcoin could be, so that we will not burn out our motivation.

Many people don't understand that fact and all that they target on is what they could make from they bitcoin holding believing that bitcoin is some sort of a relacoster movement assets, but we should also remain positive and give our best to be able to hold for a certain period of time instead building the notion of getting huge profits in short term as if bitcoin is some form of shit coins that get pumped and dumped at will.

It is not for bitcoin to reach 100k that is the problem because we have many years and definitely we will see bitcoin price at 100k when the time comes. The question should be how much bitcoin do you have currently, that should be your worries and not the market ups and down only if you don't believe that bitcoin price increases overtime.

I am not worried about the current price of bitcoin because I know that it is favoring me in one way or the other. Whenever I see the price dips, I smile because more bitcoin will be deposited to my portfolio and that means more profit to me in future when I will be selling part of my bitcoin. Hope we have plans to hodli bitcoin for long term, because if you do, the price dipping will encourage you.

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.

Your expectation of Bitcoin to get to $100k no go force am to automatically jump to $100k. Na still de effect of buys and sells when the big players de do and how many people ready to adopt am as her reserve currency or medium of exchange go  in the end contribute to Bitcoin getting to $100k too soon. The only thing you fit do na to speculate based on these details and na that one go also guide you on how you take de invest and buy Bitcoin.

Expecting Bitcoin to get to $100k by the end of the year no really be bad thing, the only main matter na when because of wetin you de expect you come go over invest come put yourself for tight corner when be say you no get choice again but for you to fit survive pass this year you need sell your Bitcoin holding use sort out one or two. Obviously, plenty things don de happen when de suggest say Bitcoin go certainly reach $100k even if no be by the end of the year. The only thing we need do based on that levels na to continue buying it at these range of prices if you and never do it like you're certain on when Bitcoin go cross this $100k margine. Another thing we need know be say $100k just de like any other feet when Bitcoin don been attain in the past. Say e don reach that value no mean say Bitcoin don reach him peak or say everybody when de hold bitcoin don all of a sudden get huge profit from him holding. If you no fit use this period when Bitcoin de far below $100k accumulate good amount of Bitcoin, when we see the new ATH of $100k, e no go still make any difference for your side.

It's normal for investors to anticipate Bitcoin to get to a certain target, as we all know Bitcoin has reached different ATH over time and before it got to this current ATH different people had anticipated it to get to that point. A worst case scenario that could occur is Bitcoin not reaching 100k by the end of this year and their expectations cut short.

 However I don't think the discouragement and doubt you're saying would affect everyone's investment plan, maybe just some newbies cause their are many whales anticipating it to atleast get close to 100k before next year that would still invest more if their expectations are cut short and not get discouraged or doubt the potential of Bitcoin, just that they'll learn not to expect much and flow with the market.

Most people are just flowing with the vibes and not really keen on it getting to $100K. Maybe some newbies will fall for it but those that have long invested in bitcoin or have been part of the process before now knows that bitcoin cannot be predicted but it’s certainly going to make them profitable at the end of the bull market. $100K is a round figure and will be the first time that bitcoin will hit a six figure number which is something big and will be historical about bitcoin.

The hypes it’s getting really has its own advantages and we can now see how the crypto market is highly saturated ahead of the bull run unlike previous cycles. I also wish to see bitcoin getting to $100K but if it doesn’t, it’s still okay by me and won’t be disappointed or discouraged that it didn’t go as I wanted because I already made up my mind to accept the outcome of the bull market when it gets to its peak.

for the new people who just invested in bitcoin and have noticed that the price is not increasing as they expected maybe up to the 100k, it is possible that they have already been discouraged as bitcoins has not performed to the way they wanted. it is not good to respond to the emotional pressure to stop investing in bitcoin and focus another new investments would rather commit to information knowing that even though bitcoin has not performed yet the way you expected it's still a performed that way in the future and you only job is just to keep investing more bitcoin and giving it safe until then.