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Sailesh
@saileshmax
Questions: —Why would Bitcoin not grow beyond $250,000 if we have favorable market conditions? —Why not $500,000 and beyond now that the USA has a Cryptocurrency friendly government? The truth is that reality can be deceiving. When things are bad, the market tends to grow. When things are good, the market tends to grow but more controlled. Imagine what would happen if an exchange like Binance gets shutdown in the year 2025. This would mark the end of the bull-market and produce a major long-term correction or bear-market. Imagine what would happen if laws are passed that demand a bunch of taxes on everything Crypto, this would make people sell fast and strong and this would signal the end of the bull-market, the bull-market that will develop within months. Market conditions can be great. Market conditions can improve and continue to improve, but the cycles always remain. The market tends to fluctuate between bears and bulls.
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Sailesh
@saileshmax
At one point, it was really hard to see the market going up. Just think of mid- to late 2022, how bad was the sentiment in those days? Regardless of the sentiment and market conditions, the whales started to buy and now Bitcoin is trading above 100K. The same is true in reverse. Consider how good and exciting will be the market conditions in several months. Still, people, corporations, whales, exchanges and institutions will take profits at some point, and the cycle repeats. The cycles will continue to unravel. The market never moves straight down nor forever down. The market never moves straight up nor forever up. It cycles through night and day, green and red, bear and bull, positive and negative, the moon and the sun. Good and bad, pain and pleasure. Hate and love. This bull-market is going to be great, but remember, you cannot win if you don't take profits. The way to maximize profits is to plan ahead. Set some targets, set some goals and stick to them.
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Sailesh
@saileshmax
Bitcoin is the new Gold. You can produce an endless amount of money by decree (fiat). If you want to produce Bitcoin, you have to spend energy. That's the definition of hard-money. Real-money. This technology is a blessing. This technology is great for the type of society we have today. Bitcoin is only the start. We will continue to innovate. Only 25 days left before the start of the next bull-market bullish wave. This will be the start and it won't stop until the end. Are you ready for growth? I hope you are ready... You've been warned. Namaste.
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