Bitcoin Forum

I don't want to sounds like a  pessimists, but what if next year Bitcoin shows a different direction like what if instead of going to surpass the all time high it did not, people are expecting next year that Bitcoin will surpass it's all time high a year after the halving, the past records show that Bitcoin always hit a record high a year after the halving what if it go the other way  instead of making another all time high it only hit $15000 what will be your motivation as a holdler, trader and investor?

If Bitcoin fails to cross the all-time high next year, there would likely be a lot of dumping from weak hands who may have bought at a high price or failed to reach their profit margin. Some others would be steadily accumulating when FUD sets in.

There has only been two halvings prior to the most recent one, so it does not indicate a reliable pattern of market reaction to halving events and I'm not basing my believe that the price would rise solely on that. There has been lots of bullish signs of recent;
• Microstrategy adopting Bitcoin (https://www.businesswire.com/news/home/20200811005331/en/MicroStrategy-Adopts-Bitcoin-Primary-Treasury-Reserve-Asset)
• New ETFs being launched
• Grayscale buying up a huge number of mined coins.
• Fidelity Bank looking to get into Bitcoin (https://www.forbes.com/sites/michaeldelcastillo/2020/08/26/fidelity-president-files-for-new-bitcoin-fund/)
As well as more adoption from retail outlets. These indicators would influence my resolve to hodl, in addition to the fundamental system which makes Bitcoin more appealing than fiat in the long-term.

The motivation for me is seeing the lows of Bitcoin slowly go up every year. We may not hit the all time high next year but we rarely see Bitcoin hit the lows from the previous year.

Imo it's probably good if this trend continues so that the price stabilizes even more and we don't eventually end up in another correction that could send a lot of traders in to panic mode.

I am okay if bitcoin could only hit $15k in the next year because that means I can make a profit, even the profit will be bigger than a few years ago. If that happens, I think the altcoin will take the position to rise so high, so that means we will make additional profit from altcoin in bitcoin, so we have more bitcoin that will give the big profit.

Somehow, bitcoin will increase and surpass more than $20k in the future, whether it will happen this year, next year, or even the next 2 years later. You don't have to pessimist about that, but you need to be sure that bitcoin will book the highest price after the halving.

Nobody knows where its going to go next month, next 3 months or next year. Your guess is as good as mine. Covid19 is still with us and unemployment levels are still a problem. So eventually the stock market can snap back to reality start crashing... and bitcoin being correlated can go down with it.

Remember how everybody assumed $6K was the low back in Nov 2018? People were doubleling down on their long positions because they assumed that it must be the bottom and has to hit at least $10K before resuming lower and look what happened. We crashed all the way down to $3K and nobody could of predicted that. We also spent a long time <$6K area after it crashed. Hence who knows history might repeat itself again.

It doesn't matter what people expect to happen. The market will move based on supply and demand.

"Past performance is no guarantee of future results."

I'm a long term investor. Bitcoin at sub all-time high prices are just accumulation opportunities.

If you are still looking for motivation, think of it as buying btc at a discount. Maybe the fact that bitcoin survived many crashes in the past, including the dump to $3K from $20K, will help you realize that it will bounce back. If it doesn't pump to new ATH next year and closed at $15K, it could still happen the year after. Also, $15K isn't that bad is it?

 

It could, chart looks good, fundamentals are good, but from my experience chart is rarely playing itself out like you hope. Also there are several whales who can just manipulate the whole btc market as they wish. Imho that itself makes BTC price action is beyond educated guessing.

Then thats the path of bitcoin route. Bitcoin is still on sideways and experiencing a massive rally over the market. They should not expect that bitcoin will always have a good position and even beat the previous ATH. No one can predict its price so we should always be cautious of market movement.

If your goal is for long term then even it go down you wouldnt mind but if your a trader whose after profits learn to understand and check the technicals of market trading.

Good question, but it doesn't change a bit, specially if you are a long term holder. For traders/investors, then it will just present another opportunity accumulate, or continue to what you are good doing, making money out of the fluctuating price. Personally, I don't mind though, and I'm sure we all know that everything is possible so we should prepare ourselves. We have seen the bearish trend already and survived, so it won't change a bit.

I believe most will be disappointed because they believe that things from the past will happen again, but still for those who do not look at the whole thing just from a profit perspective next year without ATH there will be no tragedy. Maybe this time, given that we have a pandemic and a recession at the same time, it will take a little longer for a new big bull run to happen - and I personally expect that during 2022/23, although I wouldn't mind it happening next year.

However, no one should be dissatisfied with even $15 000, because it is a 100% increase compared to the price that was at the time of halving.

I don't know if this will be a motivation or not, what is clear is that bitcoin is difficult to understand if we expect more in the next year then it will be difficult for us to guess what numbers will be achieved.
I know that the halving can indeed trigger changes in the price of bitcoin in the short and long term, but for me, the new ATH is difficult for us to achieve if the price still does not last long.

Then nothing I guess...

BTC still is the most effective planted seed that happend to the world of today or the world at 2008....
As we experienced and banks and govt's ...We can all agree that BTC has shaken some floors all over the world and is not to go away.

To many people of today have inherited there wealth, but are incapable of using it it or are to lazy cause they are wealthy whiteout the need to do anything.
The BTC seed was just very pure and enabled for anyone to enter, those who understand the idea of this decentralised medium of exchange have acted and build there own world, job, life, whatever on it...
The increasing users account drives the price up and will redistribute the wealth among people of the older days by new entrepreneurs, smart people etc who does understand the world of today and the needs of the world of today to function in a healthy way, of course this takes time, but the idea and the goals stays the same, so if next year wouldn't be as some expecting, then perhaps we have to hodl a bit longer.... Still the user of BTC are getting more intrest and the public get wider and wider.

Some key points as; fast sending worldwide from one to another whiteout permission, easy to to store, decentralisation,  etc all stays the same and unchanged so if we are interested now, then we will only be interested more in the following years.

Don't be to much affected by its $ price (I do understand its fun to see the nrs flying, I enjoy it to) But still the organic body of BTC stays the same as it purpose for existing and those stay unchanged, focus on that.

Bitcoin= bullish from the start of being alive!

Everything is on trust, nothing to complicate thinking about the upcoming year. With cryptocurrency, we can't make the exact predictions for tomorrow. It is good to prioritise short term benefits, try earning good out of the fluctuations. Apart from this hold specific amount for long term needs, because the market can progress as well as decline in the upcoming year. In whatever the situation it should not affect our living.

$15k a pop? That is still big as far as the price goes so why we all be disappointed? The only one that will be frustrated as those noobs who think that bitcoin is a get rich quick scheme, which obviously is not. And we would like to see a slow path to new all time high, so it might take years 2021/2023 might be a good gauge to see how the price will goes.

Just focus on what's happening today and how BTC is able to recover from all the losses it experience. Just the mere fact BTC is able to rise from March covid lockdown around 5k$ and able to reach $12k in just few months is already impressive to invest with. If the halving didn't affects too much or set new ATH it will not matter to those who knew how to trade since they can earn profit from it depending on their skills, only those who wait and just hold long will be discouraged.

I know that most of the people here are optimistic when it comes to Bitcoin and we (yes including me) are hoping that Bitcoin's price will go upward next year.

On the other hand though, its not good that we aren't ready too when things aren't in favor of us optimists. My motivation or I should say advice for those optimists. Be ready when things aren't going in our way we want to be.

As a hodler, you should know how to control yourself. You should know when not to make decision when the worst comes (Bitcoin goes below your buying price). Not a trader though but I know that professional traders will earn even the price of Bitcoin will go down or go up :D. For investors, just accumulate more Bitcoin and follow your plans and strategies :).

I'm one of those people that are expecting to see a better run for bitcoin by 2021. But if it doesn't go well and it's the opposite, there's no heartbreak or disappointment on it. As part of understanding what bitcoin is, we should also be prepared to see the overturning of events because of its volatility.

Honestly, $15k is already a decent price to celebrate so I don't find the given price example as something to be disappointed with.

Lol People that has no knowledge about Bitcoin is always looking for another ATH and we can't change that.
But if you Know this market then you should not look into another Highest value but instead you will Only get whats on your way.
meaning Buying Bitcoin is Low price and selling this with 10% and up profit is good enough than expecting too much but in the end?
losing is what market will give you.

Too many expectations just end up with regrets.
Besides, they are now all busy with DeFi right? They won't notice bitcoin not hitting an all-time high again.  ;)

I like this slow market rather than jumps.
People also jump into conclusions about what Bitcoin is when they see the price moving like crazy.
They just buy without having any idea what they just bought.

In fact, I don't think it's the opposite, instead I think Bitcoin will break the record high and beat ATH in 2017, that's what crossed my mind.
not vice versa low.

I'm just worried, if the internet is destroyed & the third war starts, I think that will have a big impact on Bitcoin, everyone will not be able to access the internet / Bitcoin if that happens.

However, if it were all normal, the internet, war didn't exist, I think Bitcoin will become the currency that is used by all countries, considering that the current Covid virus doesn't stop, countries in the world will choose the best alternative crypto into transactions, especially Bitcoin, Bitcoin will automatically occupy the highest throne with other values ​​in the world, that's what is on my mind right now.

People are thinking that we are here because we could profit from bitcoin, they do not realize that we are here because fiat has failed us and crypto is the only way out. I am not here because I want to make as much money as I can, I barely do any trades at all, I do invest because I feel like I am at a better place when my money is not in fiat form but in crypto form but that is long term investment not to lose wealth in the future which we can't know from small daily changes, it could be 5k all I care and I would still feel better.

I am here because I want to get out of fiat, fiat is controlled by politicians and their friends, they will do whatever they can to make themselves richer and that usually ends up with me being poorer, they can't control bitcoin because it is decentralized which is what I really am here for.

If whales sell or buy it will change the direction of the market to an extent and later on, we have panic sellers that create more selling pressure and reason for the fall in the market gets added. But considering overall thing with bitcoin I am quite optimistic with it and looking forward to seeing the new ATH in coming year. So, I am on the buying mode whenever it gets corrected again.

If new all time high for BTC doesn't appear in 2021 then it may be possible in 2022 or 2023, so the speculation will keep going on between the people and so called predictions will move the market from up and down and vice versa.So as a long term investor they should hold until they find new all time high and for the trader they should buy more to equalize the loss of capital then keep continue to trade for profits.

$15000 price is much better for next year rather than seeing the price again on $3k.Right? When it comes to future talks then theres no assurance on where price would be heading.
We have seen lots of prediction threads about this and about that but doesnt mean that those will be likely to happen.Everything is still questionable and cant really be precisely predicted
since lots of factors that can really affect the price movement neither there would be some big news upcoming either it would be positive or negative. The thing here is that if you are a holder,trader
or investor is that you do know on what you gonna do to be profitable no matter what the market condition is.

Then, let us move on and accept the things that it possible to happens in this volatile market. Should we have to worry and cry? Of course, not.

We even started just like a scratch and we are not expecting to come that $20k year before a decade. If we get back below $10k next year or even below $5k, it is still acceptable and still high. I can be thankful that we got that price, multiple times than the price that we have started. It was a blessing for Bitcoin (and for everyone) and time to accumulate more.

It's ok with me even if it doesn't reach another all time high even though $15000 is ok, the important thing is that he doesn't drop even if his movements are slow as long as his price goes up steady maybe next year we can just hope for another all time high history says it will take a few more months from 5 to 12 months before the price increases after the halving, it's still an opportunity to buy more.