WHAT are the chances that Bitcoin will hit $100,000 by end of December?

nooby_mcnoob · Oct 17, 2021

johnarb said:
Sorry to hear that. Many did the same, sold for much less

You were earlier than me... I posted here something that you can relate to. In 2013, there were reddit posts joking about bitcoin hitting $10K and Wall Street would be trading bitcoins... What a dream that was!

Imagine if went into a coma then and woke up now

I recommend the book "Bitcoin Billionaires", it will bring up memories of the early days, struggles, hopes and dreams

Eh, I don't really feel FOMO. I have learned through my life that I am very early on trends so my job for the next trend is to position properly when I spot the next one.

Would it have been nice to buy $10K worth of Bitcoin in 2011 and hold till 2021? For sure. But I didn't, my job is to figure out why.

momo3HC · Oct 31, 2021

nooby_mcnoob said:
Eh, I don't really feel FOMO. I have learned through my life that I am very early on trends so my job for the next trend is to position properly when I spot the next one.

Would it have been nice to buy $10K worth of Bitcoin in 2011 and hold till 2021? For sure. But I didn't, my job is to figure out why.

Do you regret it now?

mlawson71 · Nov 5, 2021

I think it's quite possible it will hit 70k by the end of the year. 100k though? I don't know.

momo3HC · Nov 7, 2021

mlawson71 said:
I think it's quite possible it will hit 70k by the end of the year. 100k though? I don't know.

Even $80k. $70k is just around the corner.

mlawson71 · Nov 8, 2021

It is back to 65k and above today, we may really see it rally that much within a few days.

nooby_mcnoob · Nov 17, 2021

momo3HC said:
Do you regret it now?

No. What good does regret do me? I have learned something though.

What I have learned is that I should be putting money into YOLOs and wait for a decade to see if any of them start hitting. I believe there is actually a YOLO strategy that could consistently pay off reasonably well but I think it will take a couple of years for me to start investigating it. Right now, just trying to get better at what I already do well.

Pekelo · Nov 18, 2021

momo3HC said:
Even $80k. $70k is just around the corner.

Not anymore... But as long as inflation keeps going, so will the market and cryptos in general.

Pricechange · Nov 18, 2021

We have a little window here before Jan. Low interest rates, still high expectations on regular stocks. BTC may go sideways till Jan 2022. Once Fed starts openly admitting runaway high inflation while hiking every meeting BTC will break out fully and $100k will be behind us. Its a great buying opport right now.

mlawson71 · Nov 18, 2021

momo3HC said:
Even $80k. $70k is just around the corner.

It seems that way. I hope the current correction doesn't last until the end of the year though.

momo3HC · Nov 30, 2021

Pekelo said:
Not anymore... But as long as inflation keeps going, so will the market and cryptos in general.

Never say never... especially with BTC.

nooby_mcnoob said:
No. What good does regret do me? I have learned something though.
What I have learned is that I should be putting money into YOLOs and wait for a decade to see if any of them start hitting. I believe there is actually a YOLO strategy that could consistently pay off reasonably well but I think it will take a couple of years for me to start investigating it. Right now, just trying to get better at what I already do well.

Good then.