Bitcoin

<p>Michael Saylor conducted a survey on X to find out at which price bitcoiners intend to sell a portion of their bitcoins?</p>
<h2 id="h-bitcoin-forever-laura">Bitcoin Forever Laura!</h2>
<p>The survey statement was: <em><strong>How high does <a href="https://www.cointribune.com/en/bitcoin-will-never-stop-laura/" target="_blank" rel="noopener noreferrer nofollow">bitcoin</a> need to go before you consider selling a small portion of it?</strong></em></p>
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<p>Unsurprisingly, some bitcoiners are looking forward to treating themselves once the $100,000 mark is reached. Therefore, this represents a resistance level at which we will certainly observe substantial profit-taking.</p>
<p>The most favored response, however, was holding until $1,000,000 forever. This suggests that attitudes are changing. Bitcoin is increasingly being seen as a long-term investment rather than a trading opportunity.</p>
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     <p lang="en" dir="ltr">$1,000,000 to Never <a href="https://t.co/TizgAB2f4G" rel="noopener noreferrer nofollow">pic.twitter.com/TizgAB2f4G</a></p>— Michael Saylor <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@saylor) <a href="https://twitter.com/saylor/status/1733138651800805523?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 8, 2023</a>
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<p>It is worth mentioning that 90% of traders end up losing money. These are the figures from the <a href="https://www.amf-france.org/sites/institutionnel/files/contenu_simple/rapport_etude_analyse/epargne_prestataire/Etude%20des%20resultats%20des%20investisseurs%20particuliers%20sur%20le%20trading%20de%20CFD%20et%20de%20Forex%20en%20France.pdf" target="_blank" rel="noopener noreferrer nofollow">FMA</a>. It is extremely difficult to beat the market by trying to take advantage of volatility.</p>
<p>From 2013 to 2021, BTC appreciated by an average of 147% per year. $100 invested in 2013 became $343,010 in 2021.</p>
<p>But if you missed the 10 most bullish days, the performance drops to 91% per year.</p>
<p>If you missed the 20 best days, it drops further to 61%, 39% if you missed the 30 best days, 21% the 40 best days, and 7% for the first 50 days.</p>
<p>In other words, most of the gains occur in less than 2% of the time. Not being in position during these 50 days turns the $100 into $184 instead of $343,010.</p>
<p>As Michael Saylor says, <em>“trading is a sign of lower intelligence</em>”…</p>
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<p>Bitcoin has shown an average annual performance of over 100% since 2009 (when a single BTC was valued at $1). What more is needed? Adam Back predicts $700,000 for this halving.</p>

Bitcoin – The Next Resistance Is $100,000

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