I think nothing is impossible in bitcoin price movement, today the price reached more than $ 28500 but if there is a crash it can be easy to return to $ 10k, this is common, for example like in 2021 it reached over $ 69k many people said it was impossible the price will drop below $30k but it only took 5 months for the price to drop below $30k.
By looking at current market movements, we are more inclined to say that Bitcoin is unlikely to return to the price of $ 10k, and we assume that Bitcoin will continue to be above $ 25k and above in the near future. I believe this indicates a move is imminent for more upside, now in a $29k green graphic correction after dropping from its $30k initial price. Some investors lose confidence or sometimes get worried at the Bitcoin price correction. But Bitcoin real holders are not concerned about this. Because they are able to accept both Bitcoin pump and dump. The market looking slightly bearish since last week, many are concerned that Bitcoin may be bearish again. It may drop below $15k again. Most of those who try to invest in Bitcoin with such assumptions may face losses in Bitcoin. Bitcoin price has increased by 8.8 percent in the last 24 hours. Bitcoin is now trading at $29792 from $27357. Those who were in confusion now began to dream again. But only those who are committed to a goal will be able to achieve success with Bitcoin. |
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What do you think? Will the next Bitcoin happen in 2025? I feel it won't happen in 2025. If history repeats itself then it would be in 2026. It is a possibility that it can happens in 2024.
It is believed that Bitcoin will have a bull run in 2024, but this is not certain. Because the bull run will never come to us by informing someone. However, after reviewing various aspects of history, it can be assumed that Bull run could be organized at any time. According to Bitcoin's four-year cycle, we may see a bull market in 2024. If it doesn't happen then it is more likely to happen in 2025 or 2026. It may also happen before the specified time. Only strong BTC holders will be able to hold BTC until that desire moment. |
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there are quite few altcoins that actually contributes really, one of the most prominent contribute that is ethereum with their revolutionary blockchain that i could think of, I think overall it's just infested with so many meme coin basically shitcoin using animal name, which is kind of ridiculous but they've got their own category in which there are many that invests, i'd say, some of them are truly contributes, but many also just taking advantage.
I will agree with you in this regard. An investor will naturally break down when he falls for a scam by investing in top altcoins. In 2022, when Luna and FTX scammed investors, many investors lost their money and the image affected the entire crypto market. At that time there was a massive decline in investor confidence. However, there are still few altcoins that have created a positive environment in the market and will be able to create a good position in the future. In particular, the top 10 altcoin investments, including Ether and BNB, can be seen with great enthusiasm and excitement among investors. Everyone's financial situation is not the same, moreover, it is not possible for many to have the amount of money needed to invest in Bitcoin, so the top altcoins will provide a good support for those investors and obviously altcoins play an important role for the inclusion of those investors. |
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maybe June 2023 is the start of bullish, because according to the opinion or speculation of cryptocurrency analysts on Twitter,
on average, many say that 2024 Bitcoin will be bullish,
but the beginning of bullish has also been seen in several altcoins and also bitcoin itself, moreover $30k has been reached and now the price is corrected,
so I believe that in June the Bitcoin price can be above $30k.
There are various signs that the market will start turning green in the next few days. Investor confidence is increasing tremendously. They have started investing in various platforms. I can point to the banking situation of US Bank as a significant reason for this. The financial crisis has created a great deal of distrust in US banks. There customers have started withdrawing their money and some banks are facing deadly threats. Some banks have started planning to sell their shares. In my opinion basically investors are making an attempt to move their money to crypto platform which will be able to move the market to a better position. We should be able to see a good movement before next June. |
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Global conditions have prolonged Bitcoin's bearishness but gradually that situation has normalized. Investors' confidence has started to return again which has led to a major shift in market dynamics. Although no bullish movement was seen in the market, almost everyone knows that the market will be bullish in the future. While some predict 1 million about Bitcoin, there is a very reasonable prediction of $100k target which is very likely to happen. When someone high ranked officials in the financial sector is able to make such a prediction, it assure that it will happen. Moreover, Bitcoin started to become bullish a few days ago when there was a crisis of confidence in the US banking sector. As a result, it can be safely assumed that people's confidence in Bitcoin will continue to increase in the coming days and may reach new all-time high shortly.
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Many years ago, I heard the story of a man whose business partner did dirty. They were business partners for almost 5 years and the suddenly the business partner left with company's money. Even after several years, this man didn't recovered. He ended up sounding it as a warning to his kids never to go into business with anyone. The trust was destroyed and never recovered. This is just one of those sad stories.
On the other hand, there are many success stories of friends who went into business together and succeeded to together. If you have ever gone into business with a friend, what were your biggest concerns and how did work through it.
I think it happens almost all around us who plan a business and at some point it falls apart again. What I think is most important here is choosing friends in business. Although the behavior of friends may not be understood at first, you should determine in business those friends who are your most trusted. No relationship or business can survive if friends cannot trust each other. Moreover, there are certain rules of partnership business which are very important to pay attention. If the terms are well regulated there will be a solid foundation legally. Despite the various negative incidents, many people today have achieved great success in partnership business. |
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Base on one of my recent post titled"Common Money Mistakes Anyone Can Make"( https://bitcointalk.org/index.php?topic=5448160.msg62062701#msg62062701). One of the serious point there is SPENDING MORE THAN YOU EARN. I believe this should be discussed as a separate topic as it's a very crucial part of ones financial life. Spending more than you earn make ones keeps accumulating debt from expenditure before getting income. This isn't good for ones financial life. With this you hardly save money but keep accumulating debt. It’s better to avoid debt if you can. That way you’ll avoid paying interest on what you owe. Below are ways one can easily stop spending more than you earn: 👉👉 Create a Budget (or Improve Your Existing Budget)99% of the trouble that people have with money isn’t that there isn’t enough of it but that there is no plan for it once you actually get it. Your budget (either weekly or monthly) should consider your income and your expenditure. Guide your spendings for the week or month with the budget made. This might be hard at first, but having that extra cash in hand, definitely worth the effort. 👉👉 Use cash onlyShopping using card look more convenient and most time encourages you to buy unnecessary things even out of plans. I really observed I spend more money(even more than 20% of my salary) on airtime only any month I load airtime directly from my bank account through USSD. This is so convenient that immediately I exhausted my airtime when calling, I just dial the USSD code to get another. This doesn't help you financially. You get to stop. Knowing your Credit and Debit Card Number offhand isn't helpful for you. It makes you shop unnecessarily online. Using cash-only envelope budgeting system can help you minimize your spendings and sticks to budget. 👉👉 Shopping with a listThis is a lifesaver and a game changer. It’s so simple! Literally, all you have to do is write down what you need in the house that week. Make the list, and stick to it. If you only need to get chicken and vegetables and some pasta at the house for the week, there’s no reason for you to be going to the snack food section. It’s a trap! 👉👉 Control your grocery listHaving meal plan can help you minimize your monthly expenditure. This helps you to stop spending money unnecessarily on food without depriving yourself of your favorite treats. This will also help you to plan your week without any worries and give you the insight of all what you need from the store. 👉👉 Learn to say “no”Not all goods worth buying at the moment. Although ads may be tempting but one should learn to go off any unnecessary items. Reference: https://www.pnc.com/insights/personal-finance/save/how-to-stop-spending-money.html CONCLUSIONIt's good for one to satisfy his/her desire when making purchase of items but this shouldn't cause issues in ones lifestyle. The key to stop spending too much money is to create better money habits in your daily life. But I know that’s easier said than done. Putting one or all of these ideas into action, helps in building a healthy spending habit. Take control of your spending today and you’ll reap financial rewards for years to come. I agree on that if we spend less than what we earn we can creat savings, because we can save the money that is not used, maybe it is hard but if we are going to think about the future and we wanted to save maybe we can save a lot. Many people is suffering financial crisis because they don't save they buy unimportant things and they get a loan with interest, It seems very simple but in real life the importance of savings is immense. No man can reach his goal without saving. Savings is the only tool for fulfilling one's hopes and aspirations. Moreover, people who only earn money and spend it can end up in debt anyway and their lives can go through hardships. Every person needs to save by controlling the expenditure depending on his income. Even if your savings today is a simple amount, it can turn into a big asset in the future and you can realize your big dreams in a reliable investment of that savings. Controlling expenditure is a difficult task in the present day as inflation has risen but still considering the future one must be careful about saving money. |
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Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".
So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?
From a simple calculation of Bitcoin, we can get an idea of the upward trend of Bitcoin. After 21 million bitcoins no more bitcoins will be created. As a result, the price of Bitcoin will rise as a normal phenomenon. I plan to not sell bitcoin until it reaches the $100k target and I will try to hold it longer in the hope that it will be higher than my expectation. Every person has some big dreams which need to use big resources to fulfill them. I want to use Bitcoin to make my dreams come true and those big dreams cannot be fulfilled by any other assets except Bitcoin. |
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Though we have seen down trend of Bitcoin in this month, there is no major issue behind it. But it is simple that there will be some correction as the market grows rapidly. Moreover, the possibility of Bitcoin being bullish next year. According to that aspects, the price may be slightly go down, but it won't last long. Bitcoin will bounce back again. However, even if some expect the price of Bitcoin to reach $20k, but some experts say that will not be possible at that moment. The market will remain unchanged in April and a good upward trend can be seen from 1 May.
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The less riskier from Real Estate and cryptocurrency is Real Estate, but less risk,, less reward. The risk that come with the higher volatility of cryptocurrency makes the profit that can be gotten bigger. Will you go for less risk, or big profit?
Nowadays people like online world very much. Investing in Real Estate is less risky, but there will be no opportunity for the people of this age. If i just say about Real Estate business everyone can not do the same job which is also not possible. But if you talk about cryptocurrency it is very easy to invest there. Moreover, from the point of view of profit, cryptocurrency is suitable for investment. An investor is able to complete all his activities in online. But in physical business an investor has to face various hurdles whereas investing in cryptocurrency is not so much hassle. But a common thing for all business is the risk. If investors invest for a long time it will definitely be effective. |
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To all who like to Buy the DIP, and DCA. There's another Golden Opportunity coming, although it might not be as golden as low prices of November, but a good opportunity nonetheless.  ARE YOU READY? Yes, it is an opportunity though not so attractive as it was in November-22, with the price having dropped more than $3000 during the last week and currently trading at around $27,700. It appears as market may continue to experience sideways movement, and Bitcoin price may remain within a relatively low range for sometime until a break-up or break-downs occurs which usually happens after a period of sideways movement. Every significant dip should be considered an opportunity to accumulate Bitcoins for long term holding. The current condition of the market is going through a slight downtrend. Some investors may panicking around this current picture of the market. Those who believe in Bitcoin or who are Bitcoin holders they consider this picture as an opportunity. Maybe the market could go a little deeper but I'm focused on using DCA instead of looking it's negative sides. I will continue to buy bitcoins according to my ability and plan to set my mind with strong determination than before. I plan to increase my portfolio further based on the current situation and look forward to turning the current negative market trend into an opportunity. |
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I think main thing to do is to focus on things you need, not things you own. If you start accumulating things you want you will quickly lose your funds. But if you focus on necessary food and clothing you will realize most of things you buy is pretty much unnecessary. Its about consumption discipline. When I first started working I was spending lot more than what I was supposed to. It melted my funds so I couldn't buy enough Bitcoin to profit.
I agree with you. Basically, if we can't match our expenses with our income, we have no choice but to carry the debt burden. What we buy in our daily life Have you ever thought that we could have done without buying some things? We can be happy without some things. We can not feel these things immediately but when come to us we are unable to do something. In a practical life, we should all control everything. Especially in terms of cost. Once I spent a lot of money but I don't get it when I need it. So before spending, the income side should be well tuned. |
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Hello everyone!
What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
I don't think paying with bitcoins has any effect for bitcoin holdings. Because the money I pay with bitcoins I can buy those bitcoins with fiat money if I want. But there may be some variation as volatility purpose. Many people emotionally say they don't want to pay with Bitcoin. But he can never invest bitcoins beyond his limitation. They must be spent every day to manage their life. Which you can't hold even if you want. So I see no problem in paying in bitcoins for what is outside my holdings. But if the market is in a down trend then paying in Bitcoin can be a matter of loss. At least if a payment provider feels it has nothing to lose he can pay in Bitcoin. |
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Someone ask me a question after introducing bitcoin to him, if he can start up with $30 and grow with it but I told him bitcoin is wide and high in volume, price and market, that's means whatever you're starting with determine the outcome of the market like for example; if you start with $30 and eventually the market goes up to a little increase of $32 can not be compared with someone who started same time with you, at the rate $100.
The cryptocurrency market has been bullish and bearish for a long time. Suppose you invested only $30 in a bearish market of $20,000 price and when the market reaches $40,000, you will make $30 and the person who invested $100 will make $100. How much will you profit if the market starts a bullish movement and rises to an all-time high like $100k per btc? If the market reach $100k you will profit $120 if you invest $30 and what will you do by this amount? Invest strongly in something where you can get good returns even after a long period of time. After waiting for a long time, if the money is not received as expected, it can lead to resentment towards the investment. In my perspective invest $30 in many cases not suitable for investment. |
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Emotion seems to be simple but it is very difficult to control. Every trader is a human they can be experienced or inexperienced, there is a place for emotions in everyone. It is difficult to understand when an experienced trader is trading on emotion. But if one is careless according to his situation then he must take a break otherwise there is a possibility of facing huge losses. Especially when a trader is in humanitarian distress, he should not take new entry in trading. It is the right time for a trader to trade when he is fully stress free.
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Generally market will be bullish after a long period of bearish and after bullish it will turn into bearish gain. In the current market condition the price may be corrected. However, in my opinion, it is almost impossible for the market to go below 15K. Moreover, currently some investors are waiting to buy Bitcoin at 27K but that dream is very difficult to realize at the moment. So it is necessary to think accordingly. It may be difficult for you to purchase Bitcoins. Because there are more possibilities for Bitcoin to be bullish in the near future.
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Those who are experienced in trading platforms and try to invest in trading business with loans. There are several things that an investor should carefully consider before making a loan. Because if the loan is taken, the cost increases. A specific amount of money is to be paid to the bank or any other institution as installments every month. Also how much assurance is there where you invest. As far as cryptocurrencies are concerned, Bitcoin is still about 60 percent below its all-time high, so if you had invested at that time, you would have been at a loss and would have had to pay extra. As a result, a person can lose from both sides. So try to invest with your own money in Bitcoin and what you can afford to lose.
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Well, the inflation in my country now is not extremely high but has already damaged the economy. The cost of living is increasing and does not seem to stop. Last week one of my friends lost his job after working in the same company for a decade. His life abruptly changed, putting him in a place where he could not support his family. If you were him, how would you survive this tough time ? As a friend, I am trying to help him as much as I can and meanwhile, I am planning to save more money to prepare for the unexpected challenges in my life. What about you ?
Every person needs to save as economic security for their future. If you don't have money you can't help anyone. Moreover, money is not always available to everyone. So everyone needs to have a savings to have financial support in times of need. I try to save money monthly. Although saving is not an easy thing because everyone needs a lot of money to meet their needs but still those who can ignore the cost and save, can be somewhat safe and they will be able to recover some unexpected challenges. |
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Remember that sometimes good advice can come across as bad. I think it is best to avoid it If you can't do that then inform about the risk first. If someone close with you and invests in your reference and loses there then the liability will be entirely on you. As a result, you can be guilty to them without doing any fault. Your relationship may get ruined. So I never want to encourage others to invest. If a person comes for consulting on his own responsibility then I can advise him for investment.
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Volatility is common in a trading platform which we consider as the religion of trading. It is always moving. But neither long bullish nor bearish is fixed. It is not unusual to switch from bullish to bearish and bearish to bullish at any time. This may vary due to various factors such as
international economics, trade, politics etc. But generally we understand that if a market is bearish for a long time then it will turn bullish. A similar picture is seen with Bitcoin. After being bullish in 2021, 2022 was bearish and the market is slowly recovering from this time.
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