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Definitely this is going to happen. Every rise has a fall, get ready for another opportunity in couple of days. This skyrocketing price will slowly go down trust me if one big investor start to sell BTC will collapse for sure, No one has the ability to predict the market rise now as BTC is unstoppable.
Also those who are planning to sell don't be greedy watch every market movement and plan accordingly. And don't trust anyone as many analyst are predicting way behind thinking.
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If BTC starts pumping that's how it goes up and this is nothing new, what could be the next resistance will be the twist. As institutions are flooding money in BTC it's unstoppable, I thought BTC halving could turn out be a major resistance in May unfortunately it didn't pump upto the mark after few weeks it started to pump slowly and what we are seeing now another phase of BTC, FOMO on the other side has been a hot topic. So let's be more cautious before investing at this price because anything is possible from now.
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It's pretty much possible if we looks at the pace with which Bitcoin is growing but we need to consider volatility factor for long term plans. We are happy that Bitcoin is unstoppable and more institutional investments are pouring in and users like you and me who are investing as well in FOMO is also playing key factor in supporting the pump by creating a resistance level. I think $40k is not a big deal as per current market standings.
I agree with you BTCs aggression looks like it may reach 40k, If we have a look for the last 1month BTC never went down so much. The momentum was very strong and unstoppable people are very much eager to buy BTC still they are scared because it may go down anytime, I was wondering about the long-term holders and those who bought in 2017 I would say they deserve this price for their patience. |
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BTC was struggling after 2017 pump and people were busy spreading news as it is slowly going to die, Due to Covid-19 last year many thought it is all set to end but BTC overcome every tough phase and went over the moon and now it's heading towards 35k.
Now BTC has been hot topic across the globe and people are coming with different predictions, it is proving again and again as worth Investment.
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Investor's are flooding money so the price is keep on pumping which means demand is increasing, so you have ability to buy then go ahead as the trend shows BTC may go even more. But if you are doing this due to FOMO then please reconsider your decision I feel you are doing this due to FOMO else you would have bought it already. Do proper research and invest only the amount which you may afford to lose or risk.
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We BTC is in extreme peak we should not worry about it, I agree most of the exchanges are delisting many coins especially XRP as become a scapegoat just because of US SEC news. Now holders are exiting from many alts and focusing in BTC that's how it is gradually increasing. I think this is an advantage for BTC as well as trust plays a important role.
Right now BTC has been a absolute gem and many and many are investing more money so need not to worry about dump just keep on watching the price of BTC it is all set to touch 30k.
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BTC gradually started to pump before 6month and slowly came to the public interest so US election is nothing to with this pump, We are going to see a new module in BTC the history of 2017 pump after dump will not repeat hopefully the market is very strong now and BTC is trying to hit 30k from two days which means bullrun is still on and it believe this will continue for few more months.
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There are several influencers across the world in crypto community but one thing for sure is no one has the ability to predict the exact price, yes I agree most of predictions works that is based on the analysis like the way social media influencers are sharing their opinion. Crypto is not like stock market many so called experts have failed on their predictions so it's always better research on our own rather than trusting others. If money is involved automatically risk has been involved so never ever trust anyone in this community.
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Happy new year everyone we went through lot of obstacles as Covid-19 was a serious concern however many things went in favour for Cryptocurrency too, BTC once again proved how powerful coin it is. And I believe the current momentum will continue for few more weeks, it was a wonderful year for every Crypto holders and let this year bring lot of laurels in BTC and alts follow the same as well  |
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The Cryptocurrency market will experience a tremendous movement this year hopefully as BTC is in upward trend and I believe this bullrun will continue for few more days, and we can see BTC more as a store of value.
In my opinion from 2022 BTC will be used more often by many people and the real time users will surely increase in big numbers and it will make BTC more stronger than before, my only resolution this year is to make more BTC and hold for long-term.
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We might come across so many users posting unrealistic predictions about Bitcoin. We have already witnessed this during December 2017, so please be more cautious than ever before you invest into bitcoin by doing your own research and if you are ready for a long term investment then you may think of investing so that even during worst case situation you will get back your returns just like those invested during last peak and hodled it got it now. If you are looking for short term gain then give it a second thought.
Exactly, predictions these days are beyond thinking as institutional investors are buying BTC everyone comes up with different predictions like BTC might reach 100k, looks like this is suppose to happen in couple months and they don't want to see drop. And yes like you said if someone is planning for long-term investment just go ahead even now the price is yours, short-term investors want to accumulate small profits so they want to be more proactive after investing. Because anything might happen as the price is already in extreme peak. |
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Yes there are many chances for a dip in BTC as big shots and institutions are loading money if they start to sell in bulk then definitely it would impact the price of BTC as well as panic sell will be in extreme, right now the bullish trend is in progress and many experts predict the price may go upto 30k or more. I know speculations are always welcome and dump is an opportunity to buy let's wait and see how the Market reacts in upcoming days.
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Do you mean one of biggest payment giant is a scammer? Spreading such rumours will not impact the market or BTC, PayPal has a strong reputation across the world and has a wide range of users you can't entertain by spreading such news in this forum.
PayPal service providers are very genuine to their users and everyone aware of that, I feel sorry for you if you went through some misconception kind get support from the cs team.
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In conclusion, Nigerians are enthusiast of this currency (bitcoin), Any Nigerian who have encounter the currency and invested wisely can testify it has had more effects in their life than the government had during that timeframe😁 all I'm trying to say is we mean well towards the adoption of the currency. Although this is a story of just one individual, there are many of us out there who would had done the same.
This is really great and I really admire Nigerians because of their dedication. When I first started learning about Cryptocurrencies, there was a person within telegram that taught me on how to engage positively within the forum and even if I remember correctly, when I applied at a Alternate Cryptocurrency Campaign. The person who was managing that campaign was a Nigerian and he really did a job well done to manage that campaign well and now Im really surprised that the person handling the campaign that I joined is also a Nigerian which is so cool!!! Its really no doubt that Nigerians are really focus on things that they learned so we should just appreciate them. Exactly, honesty is a another form of purest heart. If you do good you be rewarded same applies in every one's life. I am really amazed about the person kind gesture, it should have definitely appreciated as this is a big money. I really want to salute this guy as far as I know he should be rewarded from the government of its country towards the way the approached, only because of these people the world is still alive. |
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It's all depends on our spendings any person in the world who sees some money want to live a lavish will starting changing his/her habits I mean the way of living.
Like the way everyone has different module of living and I would say its purely depends on us, In my opinion if you buy 1bitcoin now by decade it will equal to 10btc, and I guess it's more than enough for living a descent life.
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Well if this possible, then it would have done it in the launching itself right also we would have saw a massive rally in eth as well. Nothing happened like that and I say every coin is dependent here, and I believe you are aware of the news coming across in daily basis about BTC like hundreds of investors are pouring money in BTC which means of popularity and demand. I am not against eth but the expectation of 2.0 is not upto the mark.
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I already sold out all my Bitcoins, and other crypto.
I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.
What about you?
Happy to know that you made more than 4x profit but if you could have waited I guess you would have made more as the market is still in bull mode, BTC is waiting for upper trend and the next resistance may be 30k+ Anyway congrats for what you did and you deserve it for your patience and make sure this time you will buy more and hold like you did now. |
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Buy low and sell high is the common phenomena of the market, if you go against it then you are making a fatal error I am not saying you should not buy at all but it's very risky. If we have a look in the previous ATH of 2017 many bought in 19k+ but they waited for years to see more than the buying price this doesn't mean they are fools. If they are planning to buy for long-term well and good, need not to worry about that and move on.
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Let's give logical speculation before typing anything I understand everyone has the freedom to share the thoughts but this is something strange and fishy, does it mean the price of BTC is rising so that we can predict whatever we want? Not at all, one thing you need to understand is every rise has a fall in Cryptocurrency, none of them across the world have the capability to predict the exact price. Only there is a huge demand the BTC price will rise, if the demand is over then you will come to what actually happens  |
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