If I had the opportunity to own 10,000 BTC like Laszlo Hanyecz in 2010, I would probably leave it on an old computer at that time. Although its value is not high, it can be considered a savings, maybe 20 years. Can I retire with that Bitcoin later? Life is not like a dream. I suddenly woke up from the dream of having 10,000 BTC like Laszlo Hanyecz, the old computer is still there #BinancePizzaVN
No matter what kind of fish it is, you must eat it! I think that before Bitcoin reaches a new high, it must decrease by half compared to the expected increase. To increase to 100k it must decrease by 50x, called 1 step back, 2 steps forward. Big fish are often greedy and aggressive. Once they hunt, they cannot be gentle. A reduction of 40x would be unthinkable for 99% of small fish. All of us at that time almost placed scattered orders at 50x and thought it was very ok, a short with such a short sideway would attract more real money into the market, a growing amount of capital from gold. If the price is high, it will be converted to bitcoin, it will quickly increase back to the average level that the small fish bought, then accumulate and increase quickly to reach 100k first, after 100k there will be another cycle.
To avoid headaches and psychological instability, you should only buy when the market is down and accumulate there, without looking at the price much. When the price is highest, you usually don't care, the news will catch your eye.
Some people think that $73k is this year's peak, since it has surpassed the old allh and so the price will fall below this level? Normally before the halving the price will increase, if before it increases by 1 then after the halving it will increase by 3, that is 3x7=21 then you know how to act. It is historical and has gone through 4 halvings and it has all run like that. Normally the preparation process takes about 2 months for it to start increasing. Since bitcoin was born, over time it has only increased in price as if it were a programming principle. Satoshi Nakamoto predicted the future of Bitcoin according to the principles he programmed, when bitcoin had a community and was accepted by faith and even law in some countries. From here, bitcoin started the game. billions of billions of dollars that bitcoin is the leader of, initially it only affects the financial market, then it affects politics and even war, if bitcoin dies the whole world will be injured, this is one of the reasons it is unlikely to die. There are dozens of reasons why Satoshi Nakamoto had to disappear from the Bitcoin community. Only then will bitcoin, his brainchild, live forever. It will reach $1,000,000 in the next 10 years, marking a historic moment forever. When he actually passes away, the bitcoins he owns will probably belong to a reputable charity organization, even this organization will not know who he is, or it will forever remain invisible. The number he limits the number of bitcoins to is instead of 21 million, it should be 20. What the future of bitcoin will be like is really difficult to say. What do you think the future of Bitcoin will be like? Let's leave a comment. Let's discuss!
TALK ABOUT BITCOIN! We are currently in the 4th post-halving bitcoin cycle, currently the price is adjusting downward, will this May Bitcoin be at its lowest level after the halving? Then prepare for the official price increase process, people call it "New Phase". Those interested in bitcoin will see a lot of positive information as it increases in price every day. When Bitcoin reached 150k every non-finance related media also wrote about it, this process pushed the price to ~200k$. Every media outlet reports about it, old people and people who don't know or care about bitcoin must also hear about Bitcoin it costs $230k. At this time, the confidence and joy of bitcoin holders were very excited, it was also the time when bitcoin was about to reverse downwards, all media reported on bitcoin, including news about the bitcoin bubble. is about to break, there is even news that bitcoin could reach $1 million as predicted. But maybe $230k is the peak of 2025, it is the result after the 4th halving. Nothing terrible, the earth still rotates everything goes normally, the price reduction process took place again for 3 years then the low most likely about the price of May 2024. After that, the price increase process in preparation for the 5.6th halving was repeated, it was 2.5 times the peak in 2025. All media outlets reported and predicted by cryptocurrency experts about the possibility of bitcoin reaching $1,000. .000 . So 10 years later Bitcoin reached $1 million for real. Will the bitcoin bubble burst? Does it end like this?
If you want to see Bitcoin in 2025 be $200k. Then it should return to the 50 zone and x4 times after 12 months. According to history, after every halving every 4 years, bitcoin's peak is usually 3 times higher. In 2017, the peak was 20k, the peak of the next 4 years was > 3 times that in 2021, it was 69k. Will there be > x3 times in 2025? I think yes, so it would be 200k At this stage, reduce prices first, the goal is to collect the best possible according to financial position and even more aggressively increase and decrease prices according to proactive drives to create more capital, the process takes 1-2 months and maybe the end of the month. 5 will be enough.