The original post: /r/bitcoin by /u/just_hodl_btc on 2024-12-22 12:51:00.

We’re in a bull cycle and it’s only getting started. But… a bear cycle will come, eventually.

Everyone in this sub likes to say that the price at which we buy today won’t matter 10 or 20 years from now; while I do understand the sentiment, it’s difficult to rationalize that if when Bitcoin is $1M in ~2030, a 10% difference will then represent a very significant amount. Buying at $90k vs. buying at $100k is a difference of $100k in a few years.

Maybe I haven’t be in this space long enough, but I haven’t yet reached the psychological barrier of looking only at only my sats stack and not worrying about the price at which I buy.

I believe we’ll see $150k+ in 2025 (maybe even multiples of that as a high), but I also believe that we’ll retrace back to nearly where we are today (~$100k). We’re not going to see the price appreciate that fast with some extreme volatility.

So… how do you prepare yourselves for the eventual 50%+ pull-back. If you buy at every price, especially once we climb back above $100k. Assuming you’re not trading and just HODLing, it’s very likely that what we buy above $100k will be underwater after new ATH.