Bitcoin Forum

  Bitcoin is a cryptocurrency that no has the capability to predict it's rise or fall.
   I am beginning to have a doubt that Bitcoin cannot go to a higher price just like the previous year.
  Cause Bitcoin is determined by the number of people in the digital market. Just like the higher the number of people that purchase Bitcoin the lower it's price and for it price to go higher it requires some Bitcoin investors, traders and miner's to withdraw some percentage of their Bitcoin. So I still have the doubt of Bitcoin shooting higher  just as we are expecting in 2024.

? ? ? What. I think the only part I understood was the first half of the second sentence. How does more people buying bitcoin lower the price? That's literally the opposite of what should happen in theory.

For sure when Bitcoin make another all time high, your doubt will have a friend, and that is regret. I can't imagine myself regretting something that I could have done while it's not too late. Risking is a part of success, because that's how you're gonna find out if it's worth it or not. Trying is a part of growing, even if you failed, at least you've tried and learned something from it, rather than living all your life from what if(s).

He got me confused too on his analogy but by making an assumption, I think he means more people buying and selling since having a huge number of trader that doesn't care about long-term investment will surely give a negative impact on Bitcoin price once fear is already high. I think the fear of buying and panic selling is what this thread is all about which is negligible for all the investors that looking at the future price and not the zoom-in price interaction.

Throughout all these years with Bitcoin, I have learned one simple truth.

Ask yourself one simple question before you start despairing:

Would you be having such fearful thoughts if Bitcoin was currently in a bull market going over 70k+ ? I think the answer is quite simple. No you would not. So why start doubting Bitcoin during a bear market? Even if right now seems like Bitcoin was supposed to rise back up, things do not go as planned. You need to believe in the long term potential!

Hey mate, I can see you have a general misconception about Bitcoin and a wrong ideology and statistic of what Bitcoin truly represent.
First, you shouldn't take it that the higher the demand the lower the price, that is the wrong mathematical calculation of the asset supply chain, the higher the demand the higher the price because Bitcoin as a digital asset has its basic level and volume and as we know that scarcity equal value so if the previous high or the present Bitcoin price is once an all time high then it evidence that when the supply reduces the value and price will increase.

My fear is so simple, just like everyone fears and hates loses, if Bitcoin falls then there will be so much lose, if you invest into Bitcoin and it falls, you will lose your money,
The fall of Bitcoin can even cause pain and depression to people most especially the beginners, after the fall so many won't be able to invest again because they will lost the zeal and trust...

This is the interest in investing in bitcoin, if someone had guessed bitcoin, everyone would be rich, or the market wouldn't exist until now.


I don't understand what you mean here, bitcoin price depends on supply and demand, when demand is greater than supply, then bitcoin price will skyrocket. If that happens, how could the price of bitcoin fall?



If you don't have enough faith in bitcoin, I suggest you sell all your bitcoins before it's too late and get out of the market ASAP, and come back when you have enough faith.

Your post seems to be in reverse.

Maybe I should rewrite and reverse most of the post into something dependable and trustworthy.



Bitcoin is a cryptocurrency that no ordinary human has the capability to predict it's rise or fall.
✔️   I am beginning to have a doubt that Bitcoin cannot go to a higher price just like the previous year.   [Me: Ofcourse, it's good you doubt that Bitcoin cannot go higher because it will go up higher soon.]
  Cause Bitcoin price is determined by the amount that's bought by people. Just like the lower the number of bitcoins purchased the lower it's price and for it price to go higher it requires some Bitcoin investors, traders and miner's to withdraw some percentage of their fiat to buy Bitcoin.
...

God damn, newbie you need to adjust yourself, I can't even understand a thing, Bitcoin can't go higher just like the previous year? What previous year did Bitcoin failed to go higher?

The higher the number of people that get into Bitcoin the better it's value will be, I thing you need to learn about Bitcoin from scratch, if you believe you know anything about Bitcoin you are wrong.

I don't know if you can understand this picture ...

https://i.imgur.com/ajNESsJ.jpeg

This is currently where we are right now, I am not saying you should buy Bitcoin because it's a good time to buy, you need to know what you are using your money to buy, so some readings about bitcoin first.

Initially been and investor you are suppose to know the risky and have they knowledge of how everything works in bitcoin.
You having the fear the it will fall someday has really made me believe that in not  a long term investor rather short term,having this fear of bitcoin fall have make alot of up coming investors not to go investment.


We all saw how last year 2022 was and we all had that thought too but been an investor you have to keep having the risky but not to list hope and now most of us are now smiling now.

Bitcoin price could have soared higher if it worked the way you perceived the market. Because lots of investors are taking their percentage of bitcoin on daily basis. I think it's better to have a rethink on bitcoin and do more research about the network to understand better how the price happens. After the research you'll have a different view of bitcoin, as your response doesn't sound right or correct, but you are a newbie, and it says a lot about the post. The market wasn't created to ignite fear on people rather to remove anxiety. Take the price of bitcoin today and don't worry about what it'll be tomorrow. Like you pointed, which is true, it's difficult to determine accurately what the market price would be, the best decision is to join the market, given time it'll be easier for you, instead of staying afraid, you'll discover that your mind would begin to work like that of the other investors who don't care much about the price before purchasing bitcoin. Fiat is already failing citizens and bitcoin is a good form of money that'll deliver people from the stress Fiat is causing them; inflation. I'd say that you should be happy that Bitcoin is here, don't be afraid.

"If you are afraid don't do it, if you are doing it don't be afraid."  - Ghenghis Khan.

 

Feeling afraid is a normal thing especially for those of you who are beginners, we also cannot be sure that in 2024 bitcoin price will be more like the previous halving cycle because we are still far from the current lower price. But yes, historically bitcoin always gets its new highest price once every 4 years or after the halving maybe you can see on Google or on YouTube about it in full how bitcoin can do that. Feelings like what you are feeling right now maybe veterans also felt the same way before ATH 2021 was created, so maybe those of you who are still unsure you can learn it again.

If you really are beginning to have doubt about whether Bitcoins price can reach its previous ATH, where is the proof that there is no longer the number of investors to rally the price upward? or you are obviously just doubtful as a newbie? well, it is obvious from your statement,   I want to believe you are trying to explain HODL here, however, the more people purchase Bitcoin, the more the price goes up because investors are putting more money in the market and not as you stated.

We always have the choice what happens. Some people loose, when bitcoin's price raises and some when it falls. It depends on the used kind of trade. Taken your example, buying bitcoin and prices fall: you don't lose one penny unless you sell.
I personally fear more things like hackers, scams and stealing or even losing passphrases. That's the thing we should care about when trading or investing in cryptos. I have no fear about price of bitcoin. If it falls, I buy. If it raises I sell. Just simple as that. Depressions and pain will take place, when people do not follow the wellknown basic rules of trading with cryptos. But you are right, trust is one of the most important keywords around in cryptos world.

I'm a little confused by your statement, maybe because as a beginner there is a little mistake, this is what I understand.
Bitcoin does not have the ability to be predicted up/down? This has a technique, so you learn in advance how to predict the price of bitcoin going up and down and there are analysts who can see the movement of bitcoin as a whole.

Starting to doubt that bitcoin can't be high anymore? Did you see the previous history of bitcoin, even every 4 years bitcoin always experiences an increase that reaches a new ATH again.

Continue to ask for a lower price? This is clearly a fallacy. How is it possible that bitcoins are limited while the demand for many is lower? This doesn't make sense, so if you don't believe in bitcoin then you don't need to dig anymore because basically I believe bitcoin is an asset that will go up again.

I think you should learn more about understanding bitcoin.

Accepting bitcoin as payment is a smart move, especially in nations where banks have struggled to give out cash to the populace. The operation and trading volume of the project will really increase if Bitcoin meets its goal for investors and traders. Bitcoin can be obtained in a variety of methods, including mining and buying it. However, given its impact on the cryptocurrency market and the extreme volatility in the sector, the time has come for the projects to begin expanding to different nations.

Better to learn more how supply and demand works because what you said is completely the opposite of it.

Your doubt doesn't affect the others so just keep it yours. Maybe i will understand you when the price was https://pxdev.click/btc/history/04-12-2022 early december last year when it keep dumping because of many reasons, but for this time when just break $23k, i dont think so.

You can be correct to say that everyone hate losses and we cannot actually control what we will love and hate because for there to be profit or gain there should be lost. For there to be up there is also the down. bitcoin investment is not all about profit-making there is a season for losses as people claim they make money from bitcoin so also people claim that the Bitcoin rake them.

So we should be prepared to face the two edges sword and not only accepting one and shying away from the other.

If I am not wrong there are 7 billion people in this world yet we have only 21 million Bitcoin available then how came into a conclusion that people will not buy Bitcoin anymore. ::)

For newbies the doubt can arise but look at the history and learn what it showed everytime when people said it is the end of the road so there is no room for further progression but it proved them wrong and still growing.

How do you define "fall" here? Bitcoin falling its prices or Bitcoin literally falls to scratch?

Regardless, you should face all the possible realities that can happen in Bitcoin. There's no smooth journey reaching the top.

Faced with your fear or else, you will be easily carried away with your emotions.

Haha yeah the fear of the unknown "there may be dragons" so human.


So it means that you used to be sure that Bitcoin won't pump this year, like it happened last year, but not anymore. Is it what you're trying to say?


Eeeeh... wut?


No, seriously.. wut?

But fear not, young padawan, Bitcoin will pump, and sooner than you expect.  8)

This is just wrong. Bitcoin isn't determined by the number of people but it's determine by the demand that's coming from us, it may look the same as that but it's not entirely like that.

It's okay, just like the many. We have thought that bitcoin might not even reach the ATH price in 2017 and that's why many have doubted it. And just as what you're thinking right now, that thought will be broken by bitcoin itself soon.

In any investment, it will always have risk involved. In this industry wherein high voltility of the market price would be observed, things are the same. The only difference is the idea of temporary and permanent loss. The market price could fall in an instant and same thing goes with market price increase. You'd be on a permnent loss if you'd choose a price point to sell. Holding on the other hand would yield to a temporary loss if you'd endure market downfall and avoid selling. The demand is high but is not consistently growing or even be stagnant at some point. Being patient would be the bottomline.

Yes I thought that I was the only one who got confused on the post.
I fear on OP's investment plans and how he/she handle it, OP I hope that you would find someone who coud guide you thoroughly about how trading works before investing.

Stay out of that negativity and start looking for the good side, Bitcoin is doing great right now and this could be our chance to pump again but of course you can’t expect a new ATH in an instant because it usually takes time. People can buy and sell anytime, the trend can influence the market but not the number of people though, have no doubt and start trusting Bitcoin, this is still a good one.

@OP, I guess you missed this thread. (https://bitcointalk.org/index.php?topic=5436722.0) I think you should also take a look at the comments on that thread.

What are your reasons for having the doubt that Bitcoin cannot attain a new high? I hope you are aware that in the crypto space, volatility is one concept of the market in which it can take two days or just a few days for a coin to skyrocket or dump, but it's good that Bitcoin is not a pump-and-dump coin, but rather, every person investing in Bitcoin must be fully aware of what they are getting into so that they don't have to fear anything or have some regrets at the end. Bitcoin has had its bear and bull seasons, and it has not yet been fully accepted that the bear market is finally over. When we are out of the bear market, I think that Bitcoin might rise to $30k or more, and by then, people who have bought at $17k may have made some profit.

bitcoin from time to time during the BULL RUN, has experienced an increase in price, and finally the bitcoin bull run in 2021. and if you look at the number of enthusiasts, of course there are more and more and of course that in theory will make the price of bitcoin even higher. and in my opinion for the next bull run bitcoin will be higher than in 2021. so in my opinion don't be afraid, so if you experience a fall in the price of bitcoin, don't think too much about it because it's  normal .

Why are you afraid conquer the fear and then you will surely see the face of success. No need to worry about the price of Bitcoin going down. The risk you take in investing will make your investment successful. When the market falls far below the high point, people do not stop investing, but people invest more. People invest the most during this fall. 2024 will definitely hold the market beyond people's imagination. Rest assured Bitcoin will cross $100,000 in 2024.

Op, Bitcoin for many around here it is an investment and any investment comes with a degree of volatility and risk.
It is okey to have doubt and fear, after all it is your money and you are supposed to protect it.

I can only recommend you to do your own research and check the speculation board to clear any of your doubts and even ask some questions, if you feel Bitcoin is too volatile to you, then diversification it not a bad idea, you can invest in some other traditional assets and still have some satoshis you feel comfortable holding.

Do not trust gurus who claim to be all-knowing and incapable of failure, OP.
We all can fail on this matter and some of us, (I included) have.

Good luck.

You have a completely incorrect bitcoin market ideology; what you said in your statement is the absolute opposite of what is actually happening to determine the price of bitcoin. If you move with this mindset, it means you have no knowledge of the bitcoin market and will need to learn and understand its working principles before proceeding with your investment.


Bitcoin is not an investment you will enter without being prepared; your mental mind must be prepared and ready for any consequences that may arise as a result of your decision to invest in bitcoin. People have died and some have committed suicide as a result of market losses. You should only invest what you can afford to lose, as this will result in little or no pain or depression if you lose money in the market.

investing must be in a relaxed condition, where money is used and time is also used. if we have strong belief, it means we have hope, but nothing can be sure, so if that happens then we must be patient to accept the reality. actually we are already in the low price phase for bitcoin even before it touched $16k, and the most difficult thing was yesterday whether we dare to buy or not, because most people want to buy thinking that the price might come back down

As a newbie, negative thoughts will inevitably arise, your fear is normal because you have not experienced bear seasons, and you may not have learned the entire history of bitcoin before deciding to invest.
I don't have any advice for you, but I just want to tell you that, as an investment, there is always a risk, the higher the risk, the higher the return. Those who have become rich by investing in bitcoin because, in the past, they risked buying bitcoins for a few dollars while the rest of the world considered bitcoins junk. If you can't take the risk, then you don't deserve the commensurate reward.

Imagine that after halving, those miners will be selling half the bitcoin that they are selling now to pay their bills and necessities, meaning the selling pressure would be half. After the selling pressure is cut in half, what happens to the price? (You already know the answer.) Though crypto is volatile (as are fiat and stocks), we don't know what will happen. It may die or it may go to the moon. Just choose what ride you'll go into, or just want to be a spectator on its price and start ranting if the price goes up.

If you have such thought, Bitcoin wouldn't create any new ATH after Bitcoin was successfully climb up from $3K to $19K, so when Bitcoin price in 2021 already reach $19K, the big holders will directly sold their coins, but as we can see it's not ::)

It just your assumptions for thinking the big holders are enough when Bitcoin price hit $69K, actually it's not because many early adopter hope Bitcoin would reach at least $100K and they're hoping Bitcoin would hit a Million or Billion in the future.

Holding from $3K to $69 is already a great achievement for many people, but not all people think like that.

It's okay if you are still unsure about bitcoin but if you still don't do anything or don't buy bitcoin, even in small amounts, you may regret it later, especially if the price of bitcoin can go up this year or next year. And even though the bitcoin price hasn't risen as high as the previous ATH price, bitcoin users will still be waiting for that moment to return and many of them even want to buy more bitcoins.

You may need more information about bitcoin so you know what to do. And don't be swayed by the negative news because it's not necessarily true.

I'm having a headache reading your thread OP like literally. Your analogy made me confused to the point that I need to read it 5 times before getting your point.
We know it just like what other markets.

You are talking about the price of Bitcoin here right OP?

It's completely the opposite of what you said.
The higher number of people who buy some asset = it increases the price not lowering. Higher demand, same supply = price increase not decrease like you said.
The higher the number of investors and miners that will sell or withdraw their Bitcoin = that will make the price go down.

It's completely normal for a newbie to have doubts.
Try to learn at least the basics of Bitcoin and maybe some basics of economics. That will help you in your investing journey. :)

Maybe what the OP meant was right as you meant and it seemed that the OP was scared when he saw the bitcoin price which was at its peak but suddenly the price dropped dramatically due to the simultaneous selling action of short-term investors who wanted to take profits. So my advice to the OP is not to worry too much about this because this incident often happens in the Crypto market and usually the decline will only last for a while and after that we will definitely see another increase higher every time there is a decline.

Yes, anything can happen, no one is sure that bitcoin will rise again and will hit new ATH, all is just our hope for bitcoin. But once you have invested with the expectation of making a profit, you must overcome your fear and take risks to achieve your goals. If you're scared and can't take the risk, sell your bitcoins, get out of the market, and give that opportunity to others. Why call bitcoin an opportunity, but not everyone can grasp it? Think about that.

Haha. Yeah, I was confused as fuck.
I am not wrong; Maybe he wanted to say that The lower the Price, the more people buy bitcoins. That would make sense.
But, If it's not, an OP stands by his statement, We would say you are wrong, buddy. Bitcoin Price affects by scarcity. Fewer Bitcoins on the market for trades mean more valuable it is. So, If people buy more, it will increase in Price.

The price of Bitcoin depends on the circulating supply and marketcap. The lower the circulating supply the higher the price. The higher the marketcap the higher the price. When people buy Bitcoin, price will go up. It's just a law supply and demand, this is not theory. If there's more demand than supply, price will increase. And if there's more supply than demand, the price will decrease.

I agree that price will go higher when the investors buy Bitcoin because we simple people can't make the market move.

Our fear will prevent us from taking even the smallest risk, and we will not dare to take a single step. Perhaps, he needs to learn more about bitcoin to overcome his doubts and fears so he can know that an investment must have risks, and as long as we can overcome those risks, we don't need to be afraid. But let's just let him be like that until he can see how the potential of bitcoin is in the future. And if that time comes and he wants to invest in bitcoin, perhaps he will regret it because, at that time, the price might have been too high for him to buy.

After the first two lines of your statement I had to go through some intellectual battle to understand what you're trying to say in the rest statement. Just in case you don't know ,the more people buy and invest in bitcoin the higher the price increases and not the other way round like you said.
I am thinking maybe OP didn't review his thread over again before posting, it's like one posted out of haste that eventually killed the supposed intended message of the thread.

We have nothing to lose if you doubt bitcoin and it will be your money to spend if you buy bitcoin. Because the majority of communities in this era still believe in bitcoin and I know that even when bitcoin has never failed the long-term holders who hold it.

Then Bitcoin is another one that I think is now making us feel, I don't know if the other community here is also noticing it. I also believe that by the time 2024 comes, bitcoin's value will be far from its current price.

Maybe he sells assets or uses money in savings so he is afraid if the price drops, and this is the mistake of most investors in bitcoin, as we know that bitcoin is like a roller coaster and if you expect profit in a short time of course it is a very difficult thing, it's better immediately change the mindset that is to make bitcoin for long term investment.

No worries, my friend. Doubts and fears are like pesky flies at a picnic, but knowledge is the ultimate bug spray. Stay ahead of the game by doing your research and staying up-to-date on all things Bitcoin. Remember, the Bitcoin world can be a wild ride, so buckle up! And keep in mind that past performance is just a history lesson, not a crystal ball. Stay smart, stay cool, and make moves that you're confident in.

As users of this forum have often said, "Use the money you can afford to lose" means investing in money that really isn't needed for anything and can be used for the long term. Even if the money is lost or lost, then there is no regret because it has been allocated for investment.
If you continue to be afraid of the fall of bitcoin and maybe think that bitcoin can become zero or worthless, then the mentality of being an investor has failed. Bitcoin is not going to be Zero or weak, it has a long history of steadily rising and providing great returns over the long term. Bitcoin fluctuates and makes its price like a roller coaster, but the risk of this fluctuation gives greater profits when the price increases. So, there is nothing to be afraid of when investing using cold money and not needing it for anything in the future.

Patience required, sometimes its about you more then the market that needs to develop.    Dont ever over reach on BTC holding because it can take years literally, when we say volatile we really mean it.  All the way from extreme hype down to a big lull and sideways movement, thats a real extreme shift from one of the spectrum to the other and the job of anyone involved is to handle it.
  Nothing is free, BTC goes up alot we have to be able to handle that hot potato properly its mostly about our ability to hold more then BTC price because price isnt the absolute most important thing its mostly a reflection of the people imo.

I don't think you need to fear about the possibility of bitcoin price falling lower or bitcoin failing to reach the expected ATH as long as you are investing an amount you can afford to lose. The taste of the market is not only to achieve whatever we want, but everyone probably already knows that they may never be profitable if they do not have patience and good knowledge of the market.

OP, trust me - bitcoin in the long run is still a lot better than any other physical asset investment. You need to look at history and steel yourself to believe that bitcoin can create much more history in the future.

Fear is good.  It means you're aware of the risks in this market.  However, don't shy away from an investment just because of fear.  Use your brain and figure out if it's going to be a good investment or a bad investment.  Listen to both sides of the argument and weigh the pros and cons.  Also, remember Warren Buffett who famously said to, "be greedy when others are fearful."  Another gem is to buy when there's blood in the streets, even if the blood is your own...

In the case of Bitcoin though it doesn't have to be overcomplicated.  Look at the 4 year cycle.  Determine where we are in the cycle.  Buy during the lows.  Sell during the highs.  Profit.

If your expecting a new ATH to happen in 2024, then probably you will be disappointed by that time. Like most other people here I am also believing into the four year long cycle of bitcoin market and as per that cycle, we might be having complete recovery in 2024 which means we may get back to current ATH or around that by end of 2024 and we need to wait for 2025 to see new ATHes to keep happening until end of that year.

If your doubt is about recovery of bitcoin then the current market scenario must be there right answer for you because we are recovering right now from the bottom of current cycle which was around $16500 levels and check where bitcoin market is trading right now.

At least, I understood this part of your post better. I don't know how long you've been in this forum. If we go by your account registration date, it's just a few weeks. However, that doesn't distract the reality that you could've been here as a visitor for years without registering an account or you've been here on another account. Nonetheless, one thing you should've realized before now in all there is that Bitcoin has always done far greater than its previous ATH. Every fresh ATH is always higher than the previous one by more than double it's original price level. You can search previous data and then crosscheck all that. So don't panic

OP wrote this and despite many comments and questions doesn't care to add anything. It looks like this was nothing more than a pointless rant.


Exactly. The higher the price the more of the retail comes in thinking they can catch a fast 10 or 20% and sell. When the price is low more and more people sell out of fear of complete failure.

OP, ask yourself why would it fail? There's nothing wrong with it, but there's everything wrong with the fiat system.

Wait a minute? do you think the more people who buy the lower the price? what kind of condition is that because even when I studied at middle and high school when discussing the economy when there were more buyers, the price also went up instead of the other way around.

At least your fears must be more grounded in this case because the thing you are afraid of when the more you buy the lower is one of the conditions where something is impossible.

Dont be afraid because this would be the main thing you would be able to face on with this very unpredictable market on which this had been the typical thing you would be experiencing because this is the way for people to make money and make this investment to be worth.Falling doesnt mean that it would be over for bitcoin or in overall crypto space on which this would rather giving out the opportunity on buying cheaper coins.It is really just that people are really that too emotional and really that impulsive which is normal but once you do gain up sufficient experience then you would be able to handle up yourself
well into this volatile and unpredictable market.Just let yourself do learn and experience on where it would be giving out some idea on how you should handle yourself.

I'm confident, I bet him that if he sells his bitcoins and gives up now, one day when bitcoin hits $100k, he'll come back and buy bitcoins at a higher price. I saw many people give up on bitcoin when the 2018 bear season caused them to lose faith in bitcoin, but they came back in the bull year 2021 when they saw bitcoin bounce back and hit new ATH. And they often lament and regret their wrong decisions in the past, but no matter how much they regret, that opportunity cannot come back. OP would be like them if he gave up bitcoin from now on.

You worry too much about all that. You may read too much fake news saying that the price of bitcoin will decrease and must be sold before it's too late.

Many predict that the price of bitcoin will shoot higher this year or next year and that is true because after experiencing a sharp decline like this, the price of bitcoin will usually increase and create new ATH. Moreover, next year there will be a halving process that will occur and that can trigger the price of bitcoin to create new ATH. So you should research and learn more so don't hesitate to invest in bitcoin. But all that is up to you because it is your money.

If he sells it now, I'm sure he will regret it just like I did before when bitcoin could go from $200-$300 to $500-$650 ago. And since then, I've always been trying to collect more bitcoins so I can sell them when the bull run comes back.

People who gave up during the bear season bought bitcoin at such high prices before the bull season that when the downturn came and it happened quickly, they couldn't stand to see the value of the money decline so fast and they became desperate. But if they persisted and waited for the right moment to buy bitcoin again at the bottom price, by now, they must have started smiling happily because they saw the price of bitcoin increasing again.

Yes we don’t predict the price. We estimate and calculate it. The price depends on lots of factors. Bitcoins price generally follows the policy of supply and demand. A commodity’s price increases when the supply is less and the demand for it increases. Same happens with Bitcoins also. But here Bitcoins are limited in number that is more Bitcoin supplies cannot be produced, hence it makes Bitcoins more valuable. So as the time will pass the demand across people for the coin will increase and hence the price will definitely rise. Just believe in Bitcoins and don’t lose OP.

This is the story of every newcomer to Bitcoin or Crypto. Many new people get interested in Bitcoin when the price goes up, and they buy it at the high price. They think it's increasing in price and it will increase further. But, when the market goes downtrend and makes some corrections, they get frustrated and sell it. You have to remember that you are not in loss until you sell it. If you bought in a high market, Hold and wait for a suitable time. Never sell at in lose.

I know OP needs motivation and the best advice, but I will disagree with your statement. Bitcoin is an investment that can offer high returns but is riskier than other physical asset investments. You cannot say that bitcoin is better than gold or real estate in terms of safety. Investing in bitcoin is that we need to take risks, which means we are willing to accept the loss of the money we use to invest. If OP is investing with money that can't be lost, then he should reconsider his investment.

As more people know about Bitcoin and cryptocurrencies, some will like it and understand it, while others who don't understand Bitcoin's appeal or purpose, will dismiss it as a bubble. The fact is that the number of people who buy Bitcoin and cryptocurrencies is huge, but there are still those who don't like Bitcoin. This can easily affect the price of an asset in a short amount of time.

December 2022 BTC is priced at $16,256 although it is vulnerable to correction you can see today's high BTC is $23,472 and it is only 2 months 5 days long up $7,216.

Bitcoin will continue to rise slowly but surely.

and if the holder has doubt about the capability of bitcoin, then, don't hold. just simple as that. because if you continue to hold and you worry too much, you are just giving yourself a heart attack for no reason. better let go if you can't handle the volatility factor in bitcoin.
as you have presented, only couple of months and we've seen the price to go up such amount. now, if you compare it with other assets like maybe gold, of course you can't expect that kind of increase. it is up to you if you can handle the price movement in btc. otherwise, just stick to tangible assets with more stability in price like gold.

He has to study the history of the bitcoin market from the beginning to the current price, all the statements of beginners are the same that they doubt that it is impossible for bitcoin to recover from the current price to reach the next ATH, but the fact is that bitcoin can do that during a bullish market trend so take advantage of low market prices to increase investing in the DCA method before a significant increase in the middle or end of this year, I am optimistic that it can reach the highest price again even though not this year.

It is normal to fear something, it doesn't matter what it is, fear is a normal part of life, fear was the thing that kept us alive for all these years and allowed us to evolve, in fact fear could be the driving factor in life most of the time. No human, even if they were never told what would happen, could go touch a fire without knowing what will happen, even at toddler age, you automatically know what will happen when you touch a fire, that's ages and ages of evolution. Which means that you know what could happen if bitcoin falls, and you have seen it fall, so you can fear it, its normal. You can't control your fear, but you can control what you can do while being afraid. Because believe me, heroes are not the people who do something without fear, heroes are the people who do it while still being afraid of it, you think firemen go into burning building to save people have zero fear? Of course they fear, and of course they know building could collapse on them, but they still do it, thats why they are heroes, fear the price fall, and still do the right thing.

As an investment, there are risks, and everyone has fears like you, but we need to overcome fear if we want to be profitable. You cannot expect to invest in something that is both profitable and safe. There is no such investment for you to look for. If you can't stand the risk with bitcoin, you can look to less risky investments like gold, it's safer than bitcoin, but the return will be lower.

Bitcoin will definitely hit higher than what we are seeing right now, because Bitcoin price has already started displaying from the month of January which is a sign to potential traders that 2024 will be a massive pumping year to both long term traders and short term traders. If you have not embrace this opportunity to buy Bitcoin and hold, I will advise you to do that, so that you will not regret when the price of Bitcoin increase higher which is the expectation of traders that took their time few months ago to purchased Bitcoin for future purpose.

However, most people are not ready to see price changes so fast, especially when prices are decreasing, because the decline can occur instantly without them being able to think about it. And when they are faced with that situation, those who do not have sufficient knowledge about bitcoin movements panic, especially when they see the balance in their wallet, which shows a decrease in the value of their money. And what will happen next is they sell some or even all of them at a loss. But if they can hold on and hold on, they can get another profit that can be even higher than they expected.

A very nice and thoughtful question that you asked him. Assuming bitcoin is around $70k, he wouldn't have made this post and he would just be investing and reinvesting. Just because bitcoin is in the bear market there is now some questions of doubt.
This is why newbies enter the crypto currency market during the bull run instead of during the bear market. And when they join during the bull run, they will buy at high price and before you will realise the price has dropped drastically. And next thing will be, Bitcoin is a scam.

Actually i will say that you portray or narrated is your point of view concerning bitcoin in situation of rising and falling, so i believe that Bitcoin have to do with it's way via increment. We just assumed that Bitcoin will get rise immediately it reaches 2024 neither 2025, base the scenario that have been speculating that after four years the market of Bitcoin have to rotate to a greater heights, but sometimes it's doesn't happen according our wish. But what i know so far is that Bitcoin increment it's been determined by the demands and supplies via the marketcap.

When it comes to money things are different. Even though the conditions that you said before can be easily overcome if we only focus on the conditions where we are for the long term. The problem is that many always think of instant ways to make things like this seem as if they will lose their assets in the near future.
Experience is also important because basically panic like this often happens to people who are experiencing it for the first time.

All of those panics,anxiety,stress,impulsive feeling or whatever that is correlated when it comes to emotional aspect which it would be wiped away on the time that you had gained up sufficient experience and awareness
towards the market.It might not be that easy nor really talking about short time but you would eventually reached up there.It is really just that there are people who do really love on rushing up on things on which
it do create that kind of wrong steps along the way.Dont fear out because volatility is one of the most common strengths of bitcoin but also into its weakness too but if you are really that prepared
on these things then it wont really be affecting you that much.

There is no instant way to get a big result in investment because investing is waiting for something to grow to be big. And if we allocate some money to invest, we have to wait until the amount becomes bigger than our initial capital. But it seems that people misinterpret it because they want quick results in the short term. Perhaps, it can happen, especially when the altcoin season has come and a bull run is happening on bitcoin. But those cycles won't come as often as we'd like. So there is no need to be afraid or worried about investing in bitcoins because if we can learn to minimize the risk, we will be fine and be able to collect more bitcoins.

As investors we should do an in-depth analysis of risk, bitcoin is a high-risk type of investment, unfortunately at this time there are too many media that continue to expose success stories from investors because he gets thousands of percent profit in a short time, when someone enters and gets the fact that he loses then he will panic and think that bitcoin is hopeless.

All investments have a different balance between risk and return through profit. Because when gold has less risk, of course the profit will not be much either so that should also be considered by every investor who wants to make an investment through gold. The different thing is precisely in Bitcoin with a large level of profit potential and this is also balanced with the level of risk that is in it. So all investments already have their own level of balance in terms of risk and profit.

It seems you don't have real knowledge about Bitcoin because what you're saying is the opposite. So I suggest you to take your time learning about Bitcoin and how the market works for better understanding.

Anyway if you have this fear that Bitcoin might fall then I think you're not prepared to engage yourself because every investment has risk and we can't guarantee a positive result. Therefore if you can't bear the possibility for the price to fall and it can affect you mentally for having high expectation, it would be better to refrain yourself from investing. Unless you're knowledgeable enough to face the future of Bitcoin regardless of the outcome.

Those who are new to investing in bitcoin certainly need motivation to be patient, most people panic because they see a very volatile market situation, and the fact is that many newbies fail and choose to leave bitcoin because they are losing money, as long as we can provide motivation and convince them of course they will survive and one day the next day can get a big profit.

That's wrong, they entered with the aim that they would be able to with a very short time. When talking about risks in investing, then every investment will definitely have its own risks. If many media reports the success story of a bitcoin investor, then it is true. It's just that they forget something, yes they forget that they also have to expose any risks if we invest in bitcoin, whether it's a small risk or even the biggest risk.

I bet your economics grades in college were terrible, the law of supply and demand says the exact opposite of what you're saying. To see bitcoin's condition in 2024, you must understand the previous ATH achievement cycle, because bitcoin's current movement is almost close to the recovery point before reaching ATH and this year bitcoin has found a gradual recovery, so the stability value in the previous correction process can lead to a new price consolidation for a few months ahead.

It seems that you are one of those people who are frustrated in understanding the bitcoin journey, because it is reflected in the understanding that you wrote in this post or my assumption is that you are not a good English speaker, so that the language you convey is contrary to the meaning you really want to convey.

Risk is always tied up with every investment and this should really be bare up in mind on which you should really make yourself that prepared for whatever things that you would really be able to experienced.
Fall and rising is the two things on which you would be commonly be able to face into this market and this is why you should really be that accepting on what are these things and how you would be able to find a way.
Dont fear out because falling doesnt always mean your lossing but rather it could also mean that this would be the best spot for you to buy cheaper coin and adding up more on your stash.
You would soon able to know on what you should gonna do on the time that you do gain up sufficient experience.

Only panicked people think that there is no hope in Bitcoin, while investors who have experienced profits and already really understand the market and Bitcoin will definitely not panic easily and won't say things like that to everyone. Because at the end of the day everyone is also going to say good for Bitcoin when seeing a bigger increase happening in Bitcoin.

Risk and falling prices are things that must be understood by all investors, but there is no need to be afraid if investors already have great faith in Bitcoin and in the future of Bitcoin which will get better. Everyone just needs to be patient after investing, at least until they actually find such a good profit before seeing the next decline as an opportunity to start investing again.

The problem is that many don't want to accept that. because indeed they only want conditions where something that they think is fine and with continuous profits makes them forget that this condition has a big risk. We often encounter conditions like this and there are still many people who still think that this is an instant place to get money.
Even though this is indeed a field of money, of course, this is certainly not easy to do.

As investors of course we will be afraid if there is a loss, now more and more people rely on bitcoin for long-term investments or more than a year, I'm also afraid if prices drop and bad trends occur in the long term, especially I hope in 2 or 3 years I quit my job and set up a new business that is trading frozen meat, and if the bitcoin price can reach $100k then I can make that wish come true.

you said being a Holding or long term investor but afraid when the price drops? why? meaning you are not really planning in keeping the coins that long, because if you are like us(HODLER) we are not caring in sooner price because what we are looking is the years to come and to happen.
then never invest at all right? if that is what they wanted then this is not crypto investing lol.

If you do want at least having some changes in your life when it comes to finances then of course you would really be needing to have a further step when it comes to taking risk via investment.

You wont be able to progress out when you are just sitting and just watching those opportunities passing by.It is really just that ideal that you should take action although it might be imposing some
risks but its part of investing which you do also have the chance to lose.

So its your take whether you could bare it out or not.It does really vary honestly and falling in price is really just normal i would say.

You are targeting very good things in my opinion even though the business is small, but you also have to be more realistic in looking at opportunities or opportunities because if you wait two or three years just for a small business when the Bitcoin price is at $ 100K. Actually it's not that long either, but what if the price of Bitcoin doesn't reach $100k? Aren't you going to run your small business?

I think it would be better for you to start now with minimal capital before Bitcoin is at $ 100K. Because when you start now, your business will become more mature and bigger when the Bitcoin price is already at $ 100K with the profits from your investment you can immediately use it again into your business which is basically small and will become big.

It is entirely up to you whether or not you decide to invest in bitcoin. The decision to invest in cryptocurrencies is made voluntarily; no one is pressuring or persuading anyone else to do so.

Those who had doubts about bitcoin a few years ago are regretting their decision of not believing in it when they are told about her. Don't be among those that will complain about missing to golden chance to invest in bitcoin when it's a bit cheap. Seriously, your view of bitcoin is so flawed.

If you were to evaluate bitcoin based on its price from the previous year, you would instantly award her a fantastic grade based on the
price records she has kept from the currency's inception.

Falsely stated. The price of bitcoin rises when lots of people buy it, not the other way around.

Very naive because if something like this says don't invest.
The point of my writing is that we have to be more relaxed because when we talk about this investment, how can we face risks.
Don't just think about the pleasures of being here with benefits, but we also have to think that conditions like this won't always be right because there are times when we experience conditions under which we must be prepared to accept things like that.

If you want to make a difference in life, you must take risk in investing. I've seen success come from those who take risks. Those who sit in fear will spend their whole lives in fear. They will never invest and see success. People who run on fear will never be afraid to invest in even the least risky things. Here investing in gold I would never call it low-risk even though it is safer than Bitcoin but I would call it high-risk as an investment.

There is no such thing as absolute safety when it comes to investing, and if we are talking about investing in physical gold, then I firmly believe it is safe and very low risk compared to bitcoin. Those who are investing in bitcoin do not like to invest in gold because it is quite stable, so the return is not high but if someone is rich, a lot of money, I believe they will invest in gold rather than bitcoin. We are investing in bitcoin because we don't have too much money, and we hope that with small capital, one day, bitcoin will be able to make us rich.

if you have doubt then never invest , because this market is more that what we are expecting , and also why invest in something you don't truly understand or trust mate .
and while this is about people supporting ? still there are risk to be taken and for long term situation .
and also it is our obligation to let people increase their investments here , or people to understand this deeply.

I understand your fear because you just put the cause and effect completely opposite lol.
I'm not sure if you're confused with your sentence or this was the reality of your thinking?
Nevertheless, fear implies especially when you don't have enough knowledge towards something that you want to invest your money with.

Sometimes as investors we have to relax regardless of whatever happens, if we are too focused on profit then we will be stressed, if we aim for long -term investments then never panic, bitcoin trends are often repeated and the 4 -year cycle has occurred 3 times and of course the next trend will skyrocket in 2025 or 2 more years from now, and we use the remaining time to continue to buy.

Doubts, as you think about the development of Bitcoin, have been in the minds of many people from the first time Bitcoin was traded on the crypto market, there are a thousand reasons and doubts about Bitcoin, an example of one of them as you have in mind is 'doubt'.

Speculation, analysis, predictions, crypto market developments, that's all done by those who are brave, those who dare to speculate on Bitcoin, those who dare to risk investing in Bitcoin, very clearly a risky trade and investment, especially Bitcoin.
Facts: those with negative thoughts and doubts who do not get victory in Bitcoin, hesitate to back down, there is no compulsion in any form of behavior towards Bitcoin, those who are brave and confident are the ones who succeed, regardless of whether Bitcoin goes up or down.

To be successful you need to make trade-offs, take risks. That is the difference between successful people and unsuccessful people. While you fear the future of bitcoin, all of us here believe in the future of bitcoin. If bitcoin succeeds as we hope, we will have a lot of profit, and those who are afraid not to believe in it will regret it. Fear does not make you successful.

Some of these facts occur due to several factors that affect the price of Bitcoin, such as demand and supply, regulatory issues, and macroeconomic factors. People who do not understand the technology and the cryptocurrency market may feel hesitant to invest. Before deciding to invest, it is important to do your research and understand the risks involved. Portfolio diversification can also help minimize the risk of loss.
And for those who dare to believe that bitcoin will provide profits even though the bitcoin market is falling at the lowest price, even that will be a good opportunity to continue investing and increase bitcoin assets.

Bitcoin can go up this year, remember that everyone what everyone is doing concerning Bitcoin is assumptions, and Bitcoin doesn't have a specific time the price can come up and when the price will give off. So the price of Bitcoin can come up due to the market determinates, so therefore i seen some information concerning increment of Bitcoin as none reliable information or information that's not authentic from my understanding.

Doesn't sound like much of a fear to me, BTC might take this whole year just to track through 20k prices back and forth making not waves or we could be splashing alot selling back to the teens but ultimately not moving far.  So long as people are using it and finding it useful to have in their possession then Iam bullish, the utility to BTC will continue to expand and just holding these prices is really bullish even if it appears to be taking forever its not a big deal.
  The context you might be missing if new to crypto at all is that prices used to be 100 then they dragged alot below 1000  then 3000 was seen as real negative price and so on.   Every time it appears we arent moving up so this is terrible, its not really terrible at all as the price is not the most important thing.
  Any product anywhere used by just normal people, its not the price that matters its the product that determines failure or success and thats really what we should be concerned about.  I dont mind speculating on price of course, it can be profitable to be correct in a trade especially but all these prices here are elevated and every day the conclusion to write in your diary should be we are bullish still high long term prices doing well Im optimistic for tomorrow.  Thats just normal good attitude imo and correct.

You don't need to fear of what is happening to Bitcoin price now, because is a positive signs to investors who want to buy and hold until the price of Bitcoin increase higher in the market before they can sell to make a good profits. I don't think, the price of Bitcoin will decrease more than $20,000 before it will hit back $50,000 for those that bought bitcoins when the price was $18,000 last year 2022 to use the opportunity to sell and smile. If you can take a bold step in this bearish season and invest in Bitcoin, I think you will not regret with such decision because Bitcoin still remain the king among other cryptocurrencies.

There is nothing wrong with taking a calculated risk, and investing in bitcoin right now is a calculated risk, its price is still far away from its previous all time high and we know that most likely it is going to surpass it once the bull market comes.

So investing now is a good idea, anyone that is afraid of doing so and refuses to buy now will regret that decision in the future when they see how high the price has gone and how they wasted the opportunity they had to buy it over irrational fears.

This can often be seen as a negative for those who consider Bitcoin solely as a money-making machine. Because BTC is not always going to be bullish. An investor should be cautious investing in bitcoin. Sometimes some negative news can cause a big drop in Bitcoin price but that time has to be survive. These things will not be very easy for everyone. Basically, when a person can gain full faith in Bitcoin, he will not be afraid of its various forms.

I understand his situation, in fact, I have that feeling before when I was new in crypto. Unexperienced investors will certainly have full of doubts and uncertainties, such a feeling that we can't just get out until such time that we understand the market volatility. However, we have to control this kind of thinking and turn to positive for this will be hard to change once we got fully influenced by negativity.

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That is why before we invest in Bitcoin, we have to be sure that we are ready enough to adapt to the situation and are also willing to change.

Successful people and failed people are clearly different, although some people who fail are people who have tried several things but are still not lucky to be successful. But there are some people who are considered failures, those who don't dare to do anything because there is still fear when thinking about future problems, something that is still uncertain. For example, they still doubt the future of cryptocurrency, but if they still doubt the future of Bitcoin, which has been developing for more than 10 years, this is very wrong in my opinion.

There are things which arent meant for us no matter how hard we do try and persevere but we do know that there are ones who do easily just give up and quit after some several loss.Fear of losing money is normal since we do need money and we are really that afraid on things that make us on losing money and this is why other people do really just avoid because they cant just bare up with the risk.I said its normal but you wouldnt really be able to progress or enhance your life if you wont really be taking further step or something that do talks about risk taking.We are all of course needing that so that we would be having the chance
on having a good life when it comes to financial aspect.

The more people doubting bitcoin , the more it's good for bitcoin to grow and bounce even more higher ... we need  to bring the memories back in 2020 where covid19 hit us and world economy collapses thinking rven crypto going to die as it reached $3k that time.

But guess what? We go ath after everyone doubting btc.