I am fascinated by the news and speculation surrounding bitcoin, it's a classic case of a love/hate relationship. Everyone loves bitcoin when prices are high and all you hear people say is, "damn I wish I had bought more at a lower price..." But then when the bitcoin price is down, the negative news begins to circulate and all faith is lost.
As someone who is pro-crypto, I can't help but find the lack of faith amusing. The most important thing to practice when it comes to finances, especially cryptocurrency, is patience. While everyone is looking for fast, quick returns on their money, I'm in search for long-term wealth.
Many experts are withdrawing their price predictions for bitcoin as the year comes to an end. A lot of them are saying that 100k by years end does not seem reasonable and that the price of bitcoin will drop dramatically. Despite this negativity, I am confident that if you value cryptocurrency for the long-term, it will pay off.