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It is difficult to predict the market. However, generally the best time to buy bitcoin and altcoins can be a good choice is when the price is going down. In addition, we must also pay attention to market sentiment, to convince yourself whether the market is going up or down again. After getting bitcoins and altcoins at a low price, you can hold them until the price bounces back high to resell.
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No one knows what happened throughout the month of June because the crypto market so far has not had a strong sentiment for a strong rally in the near future. Moreover, the price of bitcoin so far is still in the range of $19k-$18k throughout the two week in June and other Altcoins have not strengthened. Therefore, let's see how far the market moves in the next few weeks.
personally i see bitcoin almost in bottom , maybe 16500 could be reversal level this bearish movement. its been so long bitcoin and altcoin price drop alot and current price most in monthly support. although we dont know what will happen in future, start buying cryptocurrency for long term purpose was good step. start with small amount and if still drop we accumulate it. We are currently in early August and the bitcoin price is still stuck at the $23k level. Maybe the price of bitcoin still has the potential to drop to touch the $21k-$20k price level but I don't see that happening in the rest of August. Therefore, buying at a low price and then holding it for the long term is a wise move to reap huge profits in the future. There hasn't been any good news to be a pump, there is now a lot of bad news, such as Solana who has been hit by the theft of ecosystem money. This has had a huge impact on the crypto environment. so I think July, August is not the right time for bitcoin to go up again. I'm still waiting for the base price of 10k-12k I expected Although the market hasn't fully recovered yet I'm not sure if the price will drop below $20k again. Especially if you expect the price to drop to the $10k-12k area, it doesn't look like it will happen. |
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I think, if traders have been investing in crypto for a long time, they are well aware of bitcoin price movements in the market and don't panic when they see bitcoin prices go down. But for novice traders or investors who just want to invest in crypto, they panic about selling their assets for fear of falling prices. Therefore, investing or trading in bitcoin is very necessary to be able to control emotions and stay calm in the face of price movements in the market.
I think old investors also often experience panic selling when the price of bitcoin drops drastically, sometimes we also need to do this to avoid bigger losses. after that we can set a new strategy and buy when the bitcoin price starts to recover to cover the losses we previously got. Panic selling can indeed cause market conditions to get worse but it can prevent us from getting bigger losses. When the price of bitcoin drops very deeply, it is very important to manage your emotions of panic so as not to experience bigger losses. Especially after seeing the price of Bitcoin which immediately fell after scoring the All-Time High. So, the best thing you can do when the price of bitcoin drops is to think of a strategy as an effort to improve financial conditions without needing to panic. Emotions would be the primary problem on times like these on which you would really freak out when you do see that your portfolio is on floating negative even though its still not a realized loss but you would really be seeing and getting stressed of it which it isnt really surprising for someone to have that kind of reaction and when things becomes even more worst on where it is followed up with some FUD then it would really make things even more worst. Indeed, FUD always leads the psychology of the majority of traders and investors, especially beginners, to panic, resulting in considerable selling pressure which causes the price of bitcoin to fall. But for traders and investors who are experienced in the crypto world, don't panic when the crypto market experiences a deep price decline. The thing to do is always carry out technical analysis in the short and long term and find out the cause of the decline in cryptocurrency prices. |
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It may sound far-fetched if the price of bitcoin is predicted to reach $1 Million in 2030. There are many factors that drive the bitcoin price increase in the future. The thing that has most played a role in driving the rise of bitcoin is the high demand, and more and more large companies are adopting bitcoin. Therefore, we do not know how the bitcoin price will develop in the future and whether more large companies will adopt bitcoin.
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Which coin will be ready to buy. It is time to dump the all coin. Can you expect the market to do something good in June. What do you say.
it is difficult to predict market conditions because the price of bitcoin and altcoins is very volatile so no one can predict exactly when the price of the coin will increase. but if we look at the current market conditions are heading in a better direction. and for advice on what coin you want to buy, then I only suggest looking for information independently through various trusted websites such as coinmarketcap. because there are many altcoins that you can choose and study before you invest. Right. I agree with you that it is difficult to predict with certainty when the price of bitcoin and altcoins will rise. However, seeing that the crypto market situation has recently been in the green zone, it seems that the rise in bitcoin and altcoin prices will continue. Therefore it is better if we can take advantage of the current momentum to collect bitcoin or altcoins while waiting for the Bull Run market to occur. |
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Gold and Bitcoin have the same function. However, the risk in investing in bitcoin is that its price is more volatile than gold. Therefore, you can consider a number of things before choosing gold or bitcoin as an investment instrument. With these considerations, you should be wiser before deciding to invest, both in the short and long term.
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It is very important not to panic when the crypto market crashes. When the crypto market experiences a very deep price correction. You can look for alternative ways to secure your assets. Or, if you haven't found an alternative, just save it while waiting for the market's recovery momentum. Therefore when the market crashes the best option that can be done is HODL.
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No one knows what happened throughout the month of June because the crypto market so far has not had a strong sentiment for a strong rally in the near future. Moreover, the price of bitcoin so far is still in the range of $19k-$18k throughout the two week in June and other Altcoins have not strengthened. Therefore, let's see how far the market moves in the next few weeks.
personally i see bitcoin almost in bottom , maybe 16500 could be reversal level this bearish movement. its been so long bitcoin and altcoin price drop alot and current price most in monthly support. although we dont know what will happen in future, start buying cryptocurrency for long term purpose was good step. start with small amount and if still drop we accumulate it. We are currently in early August and the bitcoin price is still stuck at the $23k level. Maybe the price of bitcoin still has the potential to drop to touch the $21k-$20k price level but I don't see that happening in the rest of August. Therefore, buying at a low price and then holding it for the long term is a wise move to reap huge profits in the future. |
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In my opinion, your plan is not good when you buy bitcoin at a price of $40k because currently the price of bitcoin continues to decline where currently bitcoin is trading at a price of $19k-$18k. Whereas if you are a little more patient you have the opportunity to buy at the current price so when the price goes back up to around $40k maybe you can sell it for a 40% profit. But if you buy at $40k maybe you need a long time to sell at a high price because looking at the current state of the crypto market it seems it will take a long time to rebound back to prices above $40k.
That is true, patience will get people to wait and profit in the long run, it is going to take a while but it could happen. People are worried that it may be wrong time to buy right now and it could go down a bit more and maybe it will go down a bit more who knows. But at the same time, we are talking about something that is obviously not a big deal when the price reaches high levels, if you profit then you profit and there is no need to be greedy in a bear market because you may miss it out. I am not saying that the price will suddenly be 100k tomorrow when you wake up, it won't, but at the same time if you keep on waiting, you will miss out on the bottom eventually. I agree with you that patience will make people profit. In the current crypto market situation, we should not be hasty in making a decision to buy, reminding that now is not the time to buy bitcoin because the price has the potential to fall further. This is because the crypto market is still in a bear position. |
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It is difficult to predict precisely whether altcoin prices will fall again or not in the midst of a weak crypto market situation. We may have observed that the price of bitcoin plummeted and the price of altcoins plummeted as well. Therefore, it is better to hold altcoins now than to sell.
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No one knows what happened throughout the month of June because the crypto market so far has not had a strong sentiment for a strong rally in the near future. Moreover, the price of bitcoin so far is still in the range of $19k-$18k throughout the two week in June and other Altcoins have not strengthened. Therefore, let's see how far the market moves in the next few weeks.
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Despite no serious bull in the market for sometime, I am thinking to buy more because the price at which bitcoin is right now I can be able to afford it. I planned buying when the price was at 40$ , the amount of bitcoin I planned to buy is a small quantity which if the market eventually go dip i may lost 30% of it. But now I feel even if I buy and it goes dip it wont go dipper the way the price is now. What do you think about my plan?
In my opinion, your plan is not good when you buy bitcoin at a price of $40k because currently the price of bitcoin continues to decline where currently bitcoin is trading at a price of $19k-$18k. Whereas if you are a little more patient you have the opportunity to buy at the current price so when the price goes back up to around $40k maybe you can sell it for a 40% profit. But if you buy at $40k maybe you need a long time to sell at a high price because looking at the current state of the crypto market it seems it will take a long time to rebound back to prices above $40k. |
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In my opinion, the price of bitcoin reaching $1 million seems difficult to happen. Although anything can happen in the crypto market, it seems too much to predict the price to reach $1 million in 2025. Moreover, in 2022, bitcoin prices continue to weaken and it is still difficult to rise to the area above $40k. Even reaching the target of $100k as predicted by some experts before always failed.
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It is difficult to accurately predict when the market will be bullish again. But if you believe in the fundamentals of the altcoin you want to buy, you better buy when the price drops then you have to be patient and hold for a certain period of time. Now when the market is bullish again, then you have the opportunity to sell altcoins so you can get big profits later.
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The bitcoin price chart still looks unattractive at the moment. In the past week, the price of bitcoin is in the red zone and the price continues to experience a sharp decline. I think the current bearish sentiment will bring the bitcoin price down to around $27k especially as the sell-off in the crypto market continues. Therefore, let's see how far the price reacts as we have seen the current lows.
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The bitcoin market has plummeted for nearly the past month. Bitcoin has dropped about 20% from its current $40k to $30k price. If the market continues to decline then we will most likely see the price of bitcoin going down to the $25k area probably in the next few weeks. Moreover, so far the market's attitude is still very panicked, it is possible that the downward trend in prices will continue.
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No other blockchain can beat Ethereum because to date Ethereum is the largest smart contract platform. Ethereum is in a position of its own just like bitcoin. Over the last few years a number of smart contract-based blockchains like ADA, SOL, DOT, LUNA, and many more have tried to kill Ethereum but none have been able to kill or outperform Ethereum until now.
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The graph you made two week ago turned out to be true that bitcoin fell to the $32k area. I had thought that the bitcoin price would not go down to the $32k level but it turns out that what we are seeing at the moment the bitcoin price continues to weaken and move bearish until it drops to the $29k area. It is likely that the crypto market will continue to decline and the price of bitcoin has the potential to drop to around $25k in the next few weeks.
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In my opinion, it seems that the current bearish market sentiment is still continuing because the FED will do many ways to curb inflation. With the FED policies the crypto market is getting weaker due to a lot of massive selling.
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I see the price of bitcoin is still likely to drop from the current price until corrected to the $28k area. the correction that made the bitcoin price drop in the last few weeks was caught in a negative trend. Therefore, if the current price correction continues, the bitcoin price will drop to the $28k area and it's possible that the bitcoin price will hit the $25k area again.
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