Op, you have to advice yourself here. The question is, do you truly believe that bitcoin will make a new ATH or has the tendency to rise again? If yes, buy bitcoin but if no, save your money.
This advice is very contradictory because i believe that bitcoin it self is a personal decision that you can take to start up your own kind of business. Someone that doesn't know about bitcoin like to seek the opinion of people further decision of either trading on cryptocurrency or neither bitcoin in particular. |
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In my opinion, October will be a very interesting month, because I hear from several traders, that bullish will occur in October,
of course this will be good news and we can all recover from this long bearish, yes my prediction is bitcoin will be reaching $ 30k this October.
All this are assumptions because no stipulated time or that directly enshrined that Bitcoin most surely increase in October or November period. Bitcoin can rise anytime it feels like experiencing positive in the market because of the adoption and the gravity of the investors who turns up to the market, i believe that. Bitcoin on it's own do recover anytime and minute it find it chance of acceleration in price, so theirs no stipulated time for it. |
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Bottom in 2025? If he look a the historical log, we could be in the bull run, 2024-2025. So I was quite surprised to that you are asking for the bottom instead of a new all time high.
Actually what's happening now in cryptocurrency is showing that we going to experience a bullrun in 2024 and 2025 so i dont believe that the bottom of Bitcoin will come up in 2025, i believe that bitcoin circle will elapsed as four years we do emphasis on 2025. But one thing is that nobody knows the exact time bitcoin will accelerate, so that is one thing is strongly behind the secret of bitcoin. So it can c |
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Bitcoin is something that needs to be taught gradually to beginners, especially this younger ones in school. It is a pity that my country don't want bitcoin to be adopted for now. I believe with time it might be adopted,that is why the knowledge should be passed on to everyone not only these students,so that people can now make their decision either to use bitcoin or not.
Bitcoin has long way of understanding it. And that's while whosoever that have kids at home supposed to educate it kids the basic foundation of cryptocurrency, so that before they will grow up the have already comprehend the rudiments of cryptocurrencies and especially bitcoin in particular. Because children understanding of bitcoin have to do segment so that they can coup, but since some people is not bitcoin in clan, teaching or impacting the knowledge of Bitcoin to them with a gradual step is absolutely right from my perspective. |
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I have seen and also understand some people way of conclusion that bitcoin is dead. It's very obvious to me right now that bitcoin is dead to some people because of it's speculation of values at a particular moment, when bitcoin is experiencing a bearish market people get afraid of investing in Bitcoin because all their mindset is that bitcoin won't ressurect again and the final conclusion will be bitcoins is dead, not knowing that Bitcoin have to be purchase in a larger form when it's in a state of bearish season.
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although I'm not a religious expert but I think Islam will have no problem with bitcoin,
because many Muslims consider Bitcoin to be the same as fiat money, and in my opinion Bitcoin is not halal and haram but what goods are purchased, if Bitcoin is made to buy liquor, which is clearly forbidden by Muslims then liquor is haram not Bitcoin
It's simple to comprehend this, many Muslims today are crypto trader because they seem bitcoin as a means of raising fund. Because it's not written in scripture that this set religious group are for Bitcoin and it never be enshrined in any way, provided that they have consider Fiat currency as a valuable currency, it's applicable with cryptocurrency, i believe that cryptocurrency has no segregation in value, it's a choice of government to adopt and legalize in a particular domain. |
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If a newbie enters now and sees the BTC chart he will see that it has already been worth 70k and he will most certainly be scared. But in all this ups and downs, only the price has changed.
The fundamentals remain the same, the innovation behind it is the same, nothing has changed. Unfortunately the bear market is bad for newcomers to enter, but it is good for veterans to accumulate, as they know exactly this idea I said.
The beginners only be afraid of lost and they are not ready to make profit, i know quite well that the major concern of everyone in cryptocurrency investment is to make profit and continue to make profit. The bearish market don't capture the attention of newbies to invest in cryptocurrency, because what comes to their mind is that cryptocurrency is collapsing. So they only pick interest in cryptocurrency when the price is in bullish. |
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Some times i do experience such via bitcoin transaction, what i will like you to do, is that, use a high fees it will process, because it seems that you are using a low fee to process the transaction, because all these are what i do encounter sometimes when i want to make a transaction but when you adjust the fees it process.
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Bitcoin is a currency and a decentralized currency, so Bitcoin doesn't have anything to do with environmental sanitation or environmental clean up, the way i have seen it. Unless you know exactly the aspect you are emphasising on. And secondly bitcoin can be compared with fiat currency, if fiat currency can be used for environmental clean up in any condition bitcoin can do also. Except that i did not comprehend well of what you meant by environmental clean up.
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The price of Bitcoin is drastically going down, i don't think bitcoin have the hope to ressurect this year again, i believe that if Bitcoin will go uptrend we should expect by next year or next two years, because when you watch the rotation of the price you will understand that it's fluctuating within same value of twenty thousand (20k) and nineteen thousand (19k) since July and August, so it's not this month of October that it will change or redressed in value.
In the last few months Bitcoin has been sideaway and usually the movement of Bitcoin is not far from the price of $ 20k as you say. That's why I predict the price of Bitcoin in October will not increase and will continue to move around the price of $ 20k, it was too difficult for Bitcoin to recover and its price rose above $25k. In fact, there is a possibility that there will not be a significant increase in Bitcoin until the end of this year. Based on my prediction, it is possible that until 2023 there will still be a bear market. Bitcoin will start to recover in 2024 when the Bitcoin halving occurs. Therefore, just focus on collecting as much Bitcoin as possible now and we will hold it until 2024/2025. I'm sure we can make big profits from Bitcoin, however Bitcoin is very profitable for long-term investments. That's while i said all our suggestion over the increment of Bitcoin and downgrade of bitcoin is exaggeration or assumptions. We are emphasising on the price circle if it's something that will be something that have a retrace before this year runs out. But the only way it can gain a positive reaction or value again since the price is fluctuating, is with mega adoption of bitcoin within the remaining months, so without that Bitcoin will not have a vital change of profit in this year, and even next year we don't know if it will be worst than this bearish experience. |
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Now you have to be more patient and hold longer.
The price is down again but you should not sell at panic instead buy again later on to average down the cost. $18k might be more possible to happen now because of so many failed attempts to break the resistance. BTC can still go down though. If you are just doing trades, it’s good to always have a cut loss price so you can know when to stop but it looks like you are still not familiar with the market, and miss to sell short.
The best investment you can do in Bitcoin is to buy whenever the price cross twenty thousand (20k) in price and hold for long term investment, because it's very obvious that after this year Bitcoin will experience massive turn up, now everyone is exaggerating of the price if it's going to rise or fall and it's what do contribute to massive panicking of selling bitcoin when it's experiencing degradation in market circle. |
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For some months, cryptocurrency is in a down falling trend which is the main cause.
The price of bitcoins falling is not a new thing for the industry, so it's obvious that majority of people trading Bitcoin don't know the reason behind it's falling and the reason behind it's increment, so any suggestion or opinion render by anyone concerning it's falling and rising it's based on the person perspective or assumptions through it's analysis. So further more, from My perspective while Bitcoin is having red color in market is determine by the demands and supply of the market. |
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The price of Bitcoin is drastically going down, i don't think bitcoin have the hope to ressurect this year again, i believe that if Bitcoin will go uptrend we should expect by next year or next two years, because when you watch the rotation of the price you will understand that it's fluctuating within same value of twenty thousand (20k) and nineteen thousand (19k) since July and August, so it's not this month of October that it will change or redressed in value.
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I personally think things are different now. The general public's view on crypto is kinda negative thanks to influencer shilling and the like. I think we may not see another spike like 72k until something major happens like covid to cause such a thing.
Try to make your statement or comment to be understandable to anyone who come across the your suggestion, i couldn't comprehend you totally, because the content of the discussion is emphasizing on the price but your suggestion is not going in lines with op point of suggestion. |
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Some people objectives coming to bitcointalk forum is not to acquire the knowledge that is strictly behind the information of cryptocurrency and more especially bitcoin. While the major reason while this community is been created or establish, it's because of impacting the primary and secondary knowledge of bitcoin to another. When you see the most of the newbies in the community, most of them does not know deep in bitcoin but have learned from the community by understanding what's bitcoin is all about.
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It's depends on the phone, because some of the android phone's when it get formatted majority of the information will be wiped even though the hard drive is been uprooted they will not be a relevant or possible to get informationa that comes from the hard drive. While iphone secure much information. Except that the target of someone stole your phone is to really access your documents through your phone, the possiblity is there to recover all the necessary information if it's desperat. So my advice is that, it's not good save or store the information of your seed phrase in your phone.
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Newbie don't research for a coin before venturing into it, for newbies not to venture into lost for any project they want to invest, is to make a proper investigation before purchasing the particular coins, when we are emphasising on research fir investment, it point directly to a project research, and project research shall enable you peruse into the project and find out the volatility of such projects. While if it's a project of cryptocurrency, its to know the proportion of crypto's.
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If an invisible Elites decides to buy $24 billion dollars worth of Bitcoin and Bitcoin price rise to $30 k or $40 k , how many people do you think will buy more Bitcoin? Or how many people will sell to cash quick thinking in 6 months times Bitcoin price will fall bellow $10k ?
their is no perfect or accurate statistics to prove the totality or the aggregate of people who will be curious to sell out their coins so that they will not venture into lose, and same thing is applicable to the aggregate of people who will think of making profit, even from my understanding, more people would like buy and hold against the up coming increment since it volume in price has slightly being bullish, it will come their minds that it will continue to accelerate more because of it's long term bearish that we experienced. |
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Any analysis of Bitcoin increment without a cogent reason and source is not reliable, bitcoin can get increase if it have much demand, someone can make the correction of bitcoin by investing money and with that bitcoin can be increase in the market. So i don't believe on exaggeration, assumptions and prediction, because i believe on my personal theory, in bitcoin
But, even if the predictors came up with their own source I think there's still no guarantee's that it will came into reality. The demand in btc is still there and will continue the longer we go so $69k is pretty possible but I don't think it will take us 4 years to get there. A correction is when the price falls by some percent. It's not easy for some average guy to correct the price of btc but that job is being done by the whales due to their power. We know when the prediction is exaggerated so we won't likely believe on it but it's possible for us to believe in some predictions which are realistic because our predictions are also similar or close to that. Theirs no prediction of Bitcoin that have fifty five percent (%55) assured, because everyone is exaggerating, so you can wake from sleep now and the price of Bitcoin changes, so it's possible that the price acceleration is not dependable by us, or our prediction, because from my understanding of cryptocurrency and especially bitcoin price, we don't have to make over emphasis of the price. If the demand of bitcoins is higher by the supply, it will surprise you that the price can reach five hundred ($500) within short space of time. |
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Looks like BTC started pumping today, but didn't last long, my estimate is around 17 hours, but now Bitcoin is dropping again. I'm not so sure Bitcoin price will reach $40k by the end of the year. Because this is not the time to pump. Maybe Bitcoin will be pumpable for $25k by the end of the year. According to my estimate, BTC is back at the pump next April.
If bitcoin wants to recover it can do that within some interval, because expecting it to recover fully in market by the ending if the year, it's under probability, like the way it's right now. Some speculations has been made before now by the some of the traders who comes with their own ideology in bitcoin trading that bitcoin is directly or going to rise in August and august has passed and their is no full recovery of Bitcoin, so their is no specific price bitcoin can ascertain we can't embrace. |
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