I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.
Funny and you will still watch it increase to your surprise. I guess you are a new hodler which is why you are scared. Well, the expectation is still high for the price of bitcoin to increase. At least with the history of bitcoin, it has not done a bull run after the halving because the increase it did to get above $70k was before halving so it has to do a traditional bull run that follows the history of bitcoin halving. So you have to be patient and probably wait for a year more to be worried but for now take a chill pill and DCA for more in your wallet. I think he holds several other altcoins so he is worried about the price drop because all altcoins were not positively affected after bitcoin reached the current price of $70k, that's why we always recommend holding bitcoin for your portfolio, even if you hold altcoins don't recommend above 30% of your total assets because we review each potential coin differently and some altcoins end up being scams only causing price and trading volume losses, so choose wisely ETH and Bnb altcoins in my opinion are the best choices of coins besides BTC. Holding potential altcoins is, of course, still quite good and trustworthy, such as Ethereum, BNB, SOL, but it is true, and I agree with you that holding other altcoins certainly cannot be recommended, because many things happen that are beyond predictions. I think the portion that is done as you say is very reasonable, 30% for altcoins and the rest is all a priority for bitcoin, because the potential for bitcoin is greater and very small losses can occur. Many people complain that Bitcoin is too expensive, so you can use the DCA scheme, waiting for the renewable ATH to occur in 2025. So there is still quite a long time to be able to prepare. |
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Yup, I agree that we're likely to see better than $100k if that's the sentiment of the community. We just need to wait until that time comes because it's very possible that it will surpass that expectation but at the same time, don't expect a lot so that you won't be disappointed if ever your targets won't be hit. Take one step at a time and increase the price expectation a little by little so for you to see how it taste reaching that soon. As much as I don't want to guarantee it to someone, I'd say that we'll be there and it's only a matter of time when.
Achievement of 100k$ is not difficult but it is also not so easy that it can happen in just a month or two but people who are expecting that this year will reach 100k$ are calm because they see the market going to increase little by little. Everyone should expect greater achievement but according to their expectations they also have to increase their tolerance. It is necessary that once your target becomes possible to attain then don't be too greedy because in such circumstances most of the investors start to follow others and if others don't sell their Bitcoin then they also apply the same method of waiting more but this can be dangerous for them so try to sell on exact same price for which you have dreamed earlier. Expecting a very sharp increase is certainly something to look forward to, but can it reach $100K in the near future? I highly doubt that. In my view, if it is set at the end of this year, it will probably happen because right now, after the halving, I believe there will be a correction first. This is to provide an impetus for Bitcoin in 2025 to reach a more significant ATH, even 2x the first ATH yesterday. I agree that sometimes the greed of wanting to achieve greater momentum is lost. When the target has been achieved, do it to release and receive the profits you had previously dreamed of, instead of waiting for it to go higher. Remember, greed will make the situation just the opposite, and you won't be able to reach the desired peak point. |
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bitcoin will rise up to 100k$ but not in an instant, it takes time just like what happen before the 2021 bull season when it reach a new ATH follow by this year and reach another ATH, I think it needs more years before we can see btc reach 100k$ no one knows about it but i have a feeling that it will reach 100k$ or even higher base on its past price movement.
100k$ was looking easy to achieve when the price of bitcoin hit 73k$ before halving but now there is very slower upward movement due to which we assume that long duration will be needed to reach to 100k$ and there is no one who will identify the accurate timing at which this target will become reality. If our target value for selling is higher then it is also important to lengthen your holding because you know better that more wait is needed to achieve more profit. 100k$ is far but it is possible that one day we will see Bitcoin to reach the higher value and for that we have to not sell our assets until we become successful in achieving our target. The price wasn't so easy to hit $100k just that our instinct is so positive about Bitcoin hitting that amount though it behavior this period gave us a conviction and reason to believe that it will reach $100k. I have the feeling that it will reach $100k but not soon but Bitcoin reaching that amount is not my major concern rather my major concern is how to accumulate more and hold. No one feels that bitcoin is not growing in a positive direction, it will always do that all the time. But will it reach $100K? I am very sure it will happen at the end of the year before it will actually reach the renewable ATH in 2025. Maybe it is currently being prepared for a correction first and will not immediately rise because it still has a long time. A correction will provide an impetus for bitcoin to reach its best peak. The time when there is a correction is to buy and hold. If it is too expensive, there could be potential altcoin alternatives that are cheaper. |
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We should expect for Bitcoin to get more than $84k anytime soon, it's not over for the bull season yet since we are still having post halving experience and the bullrun is still moving ad expected ad well, as to am extent bitcoin can get to a new all time high at anytime before the year end, I also expect to see bitcoin getting to a new all time hime of about hundred and fifty thousand dollars, we should see how far this can become realistic as the time goes on.
I think it will be more than that, but I doubt it in the near future, because I think after creating the ATH there will at least be time after the halving for there to be a correction so that there is the ability for bitcoin to get a boost to continue increasing until 2025, when it will create an ATH renewable. Maybe if there are no obstacles, I think it's reasonable to get it at the end of this year, so that next year it can reach a peak which might be more significant and not just up to $100K. |
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It is very difficult to understand the current market situation, as you said after the halving the price of Bitcoin tends to stabilize and fall. This means that this is not natural because usually when halving the price of Bitcoin will rise drastically in a short time. So far I have observed that the price of bitcoin tends to stabilize in the range of $60k-$70k. I don't know when this situation will end and the price of bitcoin will return to bullishness like the bullishness that occurred in the previous halving.
You are right that it is very difficult to understand the current market situation, even before it was surprised by increasing before the halving and even creating an ATH, and when it passed the halving there was no very significant movement that occurred instead it stagnated. After the halving, there should be a correction first, not an immediate increase. With a correction there is an opportunity to encourage it to increase later, Because the time to reach the second ATH is still very long, namely 2025, so there will be a new upward correction until it creates a new ATH. |
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we will be able to sell without having to go directly to potential buyers because everyone can see the items we are selling on their cellphones and from that we will get buyers. Like freelancing business? It's possible to sell goods or products that you are not really the rightful owners but you are just advertising with your referral link but if someone buys the product you will get paid for it. That's a business one can start without capital. I agree with your way of thinking and indeed it can be done for business without capital. Just suggest to our colleagues be able to buy from us being with other people's products, and we will get a % according to what we promote can be sold, so there is no need for capital to buy the product at the beginning but only by going live, later when we have collected enough funds then we can do the work ourselves without promoting other people, agree this is a business without capital. |
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Really! I don't know it's difficult to sell gold or maybe it depends in your country. If it's super easy to buy gold, it should also be easy to sell them. I have not purchased gold before and I don't even know the best places to buy or sell gold in my country, I only know of one place where you can exchange different assets, you can sell different currency including gold too but I don't know if they sell and buy gold with the normal rate of gold in the real market.
It should be easier to sell gold than shares or property, because gold can be valued directly at the current price, and it shouldn't be difficult. Selling gold is actually the same as exchanging dollars for the local currency, and it should be just as easy to do, but I agree with the opinion of the colleague above. Perhaps in each country the treatment is very different and that happens with op. So it will indeed be difficult to be able to uncover things and incidents like what was experienced, because in my country selling gold is very easy, and you can accept it anywhere. |
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What happens next when the price reverses the decline? Is there a reason why that happens?
Relax. Not always focused on the various reasons behind every market event. When the time has come for an event, just stick to the theory of supply and demand.
If most market players are still vulnerable to issues that make them easily give up and make the decision to sell, that will influence the decline.
If in an annual period there is a decline as has occurred recently, it can still be considered a normal condition.
I agree, very often we see newbies and other inexperienced traders trying to find explanations for even the smallest movements on the market, but very often there is no other explanation than that is just the way the price is moving right now, only big movements can have some sort of definitive explanation, but even that is not completely true, so the most important thing for a trader is to concentrate on the price itself and stop worrying too much about why the price does what it does. Not all cryptocurrency price movements in the market always have an explanation. Sometimes the price movements that occur can be caused by the influence of whales who are manipulating coin prices in the market. But it's not always like that because usually whales will make movements depending on good news or bad news, there are several large media that can influence prices on exchanges. There are many reasons that cause market movements to go down or up. It could be because of news that makes prices depressed or, as you said, because of manipulation by whales. Anything can happen and that's normal in a movement like this. That's where the art of investing in crypto lies. But what is most common is that, due to active trading, demand and supply differ, resulting in direct changes. |
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are we going to see 75k this time? because bitcoin is in the 3rd time this month breaks ATH https://coinmarketcap.com/currencies/bitcoin/ the unusual occasion that we have seen since its creation . HODL guys , keep holding . Any reason for this Pump now? What is happening now is like when Bitcoin was at 49k, it suddenly had a rally in the market and was forced to break the previous ATH, and when the previous one was broken and there was a new ATH, then there started to be a correction for more than two months. And now it is having a rally again; they probably also have a target price, and once they beat it, I am pretty sure they will take profit, and then there will be another correction or retracement that will happen, and they will buy in the dip again. then there is no reason to hold off buying back at a price crash and when bitcoin is at $49k it is actually a very good price to start buying and holding. but many people started not to believe in bitcoin when the price moved erratically and tended to fall but when the bullrun arrived it reached a new ATH above $70k, that was a very high price and even lasted quite a long time. If there is an opportunity to buy at a cheap price then don't waste it and make a repeat purchase. When a correction occurs, I agree with you that you don't lose the opportunity to immediately buy again, because with a corrected price, of course, the price you get will be cheaper, so you can make even better profits in time. We know that the second ATH will be formed in 2025 and that is still quite a long time and there could always be surprising events that we cannot predict, so stay prepared for whatever will happen. I think that after the halving there will be a decline, and it is all natural to encourage Bitcoin to increase again. |
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Generally, according to the 2020 halving, the 2024 halving may occur. And I've noticed that after each halving bitcoin price starts to increase, at least after 100 days, so we are very close to the beginning of the bull run. So those who are still ready to invest should invest quickly as Bitcoin market will reach maximum highs soon after dumping.
Is it true what you said? Where 100 days after the halving there will be an increase, but is it not too fast because the ATH will occur in 2025? According to analysts, a correction will actually occur so that it will strengthen Bitcoin to be able to increase at that time. but there is still quite a long time, and we are waiting to see what will happen, because currently, Bitcoin doesn't want to go down and doesn't want to rise above its ATH, so there is always a possibility that will happen, and we have to be prepared for what will happen later. |
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Until now, Bitcoin has stagnated and is unable to move beyond what has been made and also likes to go down, but not to be drastic. Agree with you, we are challenged to be patient when seeing a situation like this. Is this a sign that some time there will be corrections to strengthen the urge to for Bitcoin to reach its peak? It is difficult to guess because time is still long to form a renewable ATH, so there will always be the possibility of it happening, and we cannot know that.
If there is a correction, it is an opportunity to buy and hold it because it is likely that by the end of the year Bitcoin will reach $ 100K. Hopefully, it will happen, so that the renewable ATH will be pretty good.
Stagnant conditions like this have a very dangerous influence on traders because usually whales can bring down the price of Bitcoin and after that raise the price of Bitcoin again. They can play with market conditions when prices are stagnant like this. When we see that Bitcoin can touch the price of $71k again then this makes me believe that the price of Bitcoin will potentially reach $100k soon. Bitcoin for this month continues to move like it doesn't want to go down but doesn't want to increase. As you said, when it reaches above $71K, then it won't be long before it will decrease again. Whales will not intervene at times like this because the market does not respond well, and whales do not seem to be united. If only the movement was fast, it would certainly be very good for short-term trading, but unfortunately it is too slow, so many people are worried that they will be left behind. But I am sure that by the end of this year, the potential to reach $100K will be possible before next year it reaches its latest ATH again. |
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What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?
There is no limit to Bitcoin's rise. Market conditions are very dependent on big fish. If they are still not full, of course they will continue to buy. But they can also spit it out again, so you also need to be wary of sudden price drops. Indeed, Bitcoin has no limits on being able to increase according to market demand and not just depending on whales, because the role of the community can also make a contribution which will be seen in daily trading on Bitcoin. Whales sometimes manipulate simultaneously for their desires, but I believe their role does not last long as demand is greater than supply. Agreed, no one can predict an increase or, what you say, a decrease. There will always be an event like this. |
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Obviously Option A is far more preferable. I’m not an economist but I don’t understand why governments can’t just freeze consumer goods prices & inflation for a few years to help people manage their finances better. I have never understood why things cost far more over time, it doesn’t make any sense. All I can think is that it’s all driven by reckless government fiscal policies, money printing & spiralling national debts. Regardless I protect myself with Bitcoin. Nobody is printing my future into the dirt.
When the government does not control inflation or fix the prices of consumer goods, the system of government is corrupt. I also rely heavily on cryptocurrency or bitcoin to protect myself in such situations. Bitcoin helps me a lot to cover any unplanned expenses. However, the government often inflates inflation to maintain economic balance. I agree, the role of the government is needed to intervene in situations where inflation occurs, because without intervention from the government, the prices of all the basic commodities needed will experience an uncontrolled increase, so that there will be no ability to buy and this could result in various problems occurring. You are very lucky because you have used crypto during a situation that was not conducive to being able to cope with what you got from crypto, and not many people can use it like you. |
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This is the question of a lifetime , because it seems to be no specific year when we will be hitting this but once bitcoin step into 100k and above then that is the sign in which we are nearing to deal with 7 digits value .we have been seeing increase for bitcoin every 4 years and its getting higher and higher each time.
if this event will continue then we will be making a million dollar price in the next couple halving.
It is not easy to determine the certainty that will be achieved as long as Bitcoin cannot move to increase through the usual stages for this year and next year when it is estimated that ATH will be formed. Bitcoin's habit after the halving period, which is 4 years, will always increase to form a renewable ATH and 2025 will be the second ATH in the current period and is beyond predictions. To be able to achieve what they want. I think it's the same as you, not now, but there will be 4 or 5 more halvings, then it can be fulfilled. |
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We are waiting for 100k$ and it also looks difficult during the current year so we cannot assume the value of bitcoin more than this. Majority of the people have 100k$ of selling target and they will sell Bitcoin whenever 100k$ become achieve without any further delay.
-$-
It seems like a rational target for the end of 2024 is to want to be able to achieve what we wanted in 2021, but it wasn't fulfilled, so it's natural to hope that it will happen this year. But this is not the second ATH, because the prediction is that in 2025 the second ATH will be formed, so it is possible that the price will increase more than $100K, don't be in a rush to sell in 2024 but just wait for 2025 because the 4-year prediction will indeed happen in that year. |
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Nah, I don't think that $84k is the peak for Bitcoin price because I am sure that Bitcoin can increase more than that price and perhaps, it will be at more than $100k. But if that is for the next six weeks later, it could be happens as the Bitcoin price now is already on $70k-$71k.
We will see the other ATH for Bitcoin, whether it will happens this year or next year. All indicator can show the data but we don't knows the truth because the price can go to anywhere and we can't predict precisely. We can only guess the price and prepare for where we wants to sell our Bitcoin.
Maybe I also think, like you,. It's not sure that $84K is the second ATH that bitcoin will do. It's too early to say that, because the second ATH is in 2025 and there is still enough time for bitcoin to be able to make more movements after $73K. I'm not sure if there will be an increase in the next few weeks. In fact, maybe there will be a correction first. The correction is to strengthen Bitcoin. It can get a boost from trading that occurs because of the correction, so the price will increase. It is not impossible that $100K can be reached by the end of this year and not be its second ATH. |
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Covid has made the economy more difficult, many companies went bankrupt so the government gave a lot of subsidies, in my country for the poor people get assistance of around $55 per month, unfortunately this assistance is only 6 months and since 4 months have ended, this is of course a difficult thing because it makes energy Buying residents are getting lower and there are many unemployed.
we will not be separated from changes in nature, and humans who can survive are those who can quickly adapt to change, so that they can survive, but this is not easy to do. we can realize that during the pandemic, a lot of online trading is happening, so this seems to bring changes in human life Time continues to move with many changes. After the Covid period has passed, the El Niño climate has also changed the climate so that many problems occur, and it is not surprising that inflation in many countries has occurred, so that income is getting smaller because prices are increasing. So, the state must provide subsidy assistance so that there is no impact that makes it more difficult for citizens to be able to shop for necessities. It is true that there was an impact that occurred during covid, that online trade continued to grow. Of course, offline trade closed because they preferred to be able to buy online. So there is a good side, but the bad side also happens. Traditional markets are no longer as busy as before. The Covid season has indeed made many changes. However, the El Niño storm is a natural disaster and not the impact of Covid. prevented by humans. Inflation that occurs in several places is a scenario from the Global Elite who regulates the movement of money conditions in all countries. This is human nature which was planned that way and war occurred in several large countries. If we observe more deeply, this chaos seems to have been arranged in such a way. Traditional markets are not closed for certain commodities, especially for daily needs for food, but for others it is really affected by the existence of online businesses which make distances and transactions easier, but there are also fraudulent online transactions with goods that do not match what is stated. There is a good side and there is still a bad side that occurs because online fraud is so widespread. Everyone cannot avoid superpowers, whose majority regulate all the rules that are made so that global conditions depend on them and everyone cannot avoid this because of the law of nature. The big will regulate the small. So if you think there is chaos, it looks organized and that's not something strange, |
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I have seen that after this Bitcoin halving, the price of Bitcoin has decreased a lot. As far as I know that after every halving the price of bitcoin increases exponentially and it increases about 3 to 4 times, but this time I saw that the price of bitcoin has decreased a lot after halving, but I have seen in several places that they say the price of bitcoin is halving. After that it will decrease a bit and then it will increase rapidly. As such, after checking the market today, I saw that After the fall in the price of Bitcoin, the price is slowly increasing again. Bitcoin price was below 57K three days ago and today Bitcoin price is $63,585.10. Does that mean we will see a Bitcoin bull market now? Or will it decrease again? What is your view on Bitcoin?
There is no need to worry bitcoin is now heading to bull season and i believe that few months from now btc will reach anothe ATH which is above 70k$ to 80k$ if we are going to look at the present price which is 66,900$ then we can say that we are only in a few percent away from 70k$ so i believe the bull season is almost here and we only need to wait for a small period of time. What you say is really correct, there is no need to worry because bitcoin is going down. You can be sure that it will rise again soon. This has happened repeatedly, and it seems like bitcoin has indeed stagnated. It doesn't want to increase more than the ATH it made yesterday and doesn't want to fall too below. After the halving, there should be a correction, of course, to be able to give Bitcoin the strength to increase even higher, but has it not happened yet, or will it not happen? The time for the second ATH is still 2025, and it is still too long and there will always be surprises beforehand, and we will wait until the end of the year. |
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In business, capital is not just money, and money alone will not be enough as capital. If we can be trusted, have good credibility, have a good name, have skills, and have a good network then even in conditions without money we can pursue success. Moreover, many people are successful by acting as agents or intermediaries between sellers and buyers even though they don't have any capital.
I really agree, there are many factors that are connected to business, but money is the main thing in business itself, and it cannot be denied. After that, there is an opportunity to do this business supported by credibility that can make people trust, because of good performance and skills in managing whatever will be done in the business. Once our business is running well and successfully and is trusted by many people, money is no longer the main thing, because investors will come themselves to be able to provide funds or join the business. |
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I understand the point of (OP)'s post, which suggests that buying gold from Costco may not be the most profitable option. This according to the OP is influenced by Costco not offering a buyback option when selling gold, and the fees associated with purchasing gold from Costco are relatively high compared to the fees charged on most crypto exchanges for buying or selling bitcoin. OP also suggests considering other options, like a pawn shop.
Although pawnshops may be an option for selling gold, in my opinion, there are several things to consider before deciding to sell gold to them. First, pawnshops usually offer a selling value that is lower than the actual price of gold on the market.
So, looking for other alternatives may be better if you want to get a higher value for your gold. In addition, on this occasion I advise you to consider selling your gold to a local jeweler or gold dealer. Some jewelry stores may offer better prices than pawn shops, especially if your gold is in good condition and has high aesthetic value.
This is something strange if there really is this incident, because usually the golden seller will be willing to accept what is bought from him. Usually there is an option because the seller still benefits from the purchases made. Naturally, if this is compared to what happens to Crypto, where all transactions can be done and are more flexible. I think the option is not good when selling it to a pawnshops because he is only looking for profits from every transaction that occurs and the price is cheaper than the market price. Instead, I agree with you In selling to the gold shop because it will usually be more fair in judging and providing the price of gold that will be sold. |
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