Hodl tight Bitcoin. We're going to the galaxy

[EarnOnVictor]

So you really think this was an accident? Those exchanges just share those funds with each other to take a snapshot of this proof of reserve. They just can not admit it in public so they have said it was an accident. No one sends 320k ETH worth 400M in an accident because for big transactions those exchanges must have a multi-signature that needs to be approved by a few people.

Yes, this is most likely the reason, same amount of crypto being shared around by this exchanges, just to show that they have the reserves as they claim. CZ started the whole craze, just to show that they have the reserves to back it up.

But even themselves moved it right away right?

So make sense for other crypto exchanges, whether by so called mistakes or not, to also shift fund around to show and take a snapshot of their proof of reserves so that their customers will be assured that they have the funds.

There is a sense in what you are saying, but I would still believe that it's an allegation that we can't prove yet. Although I have never trusted exchanges that are underregulated. If the online brokers that are duly regulated could still be perpetrating shady deals, how much more exchanges?

My wish is that they would not cause further problems for Bitcoin and others, I don't think the crypto space could take more of the problem which might start from people unveiling their (exchanges) coverups.

[Lubang Bawah]

I am optimistic that the market will soon rise, if we have a plan to save money in a bank or invest in shares, I suggest to divert to Bitcoin, bank interest is not more than 10% per year, and profit from very small shares can even lose money, but with History and Facts, Bitcoin can be easy to profit 100% in a year.

[Yatsan]

I am optimistic that the market will soon rise, if we have a plan to save money in a bank or invest in shares, I suggest to divert to Bitcoin, bank interest is not more than 10% per year, and profit from very small shares can even lose money, but with History and Facts, Bitcoin can be easy to profit 100% in a year.

Market will rise indeed but I doubt it would be this year. The market and outside exonomy are both struggling which makes it sketchy for a high market value on cryptos before this year end. Enduring market downfall at this moment would be the main thing for investors to be able to survive this bear trend. We may expect a bright future for this technology but its nature of volatility won't make the upward movement consistent. Also, something to point out is easy profit. This is a misconception we should be removing from our minds as well as with non-crypto users. Nothing's easy in this industry. If you are an investor you need to endure sudden changes with market prices. If you are a trader you have to study graphs of price directions and if you are into campaigns, you have to work hard to be paid. Nothing's easy.

[ethereumhunter]

I am optimistic that the market will soon rise, if we have a plan to save money in a bank or invest in shares, I suggest to divert to Bitcoin, bank interest is not more than 10% per year, and profit from very small shares can even lose money, but with History and Facts, Bitcoin can be easy to profit 100% in a year.

However, the market will rise again and the current situation will change. We need to be patient and not give up seeing the situation happening to bitcoin and we should be grateful that we are still allowed to invest in bitcoin at a lower price than before. This is the time for us to save more bitcoins and hold onto them until the price reverses. Thus, we can return to profits and many predict that the increase in bitcoin this time can be very high from the previous ATH. So keep hold of your bitcoins and stay patient.

[fuguebtc]

I am optimistic that the market will soon rise, if we have a plan to save money in a bank or invest in shares, I suggest to divert to Bitcoin, bank interest is not more than 10% per year, and profit from very small shares can even lose money, but with History and Facts, Bitcoin can be easy to profit 100% in a year.

Optimism is good but being optimistic without relying on any research or analysis is like investing blindly, I would call it gambling.
When comparing to invest in addition to comparing profits, you should also compare the risks that we face, bank savings are not very profitable but in the short term it is safe. Bitcoin can bring huge profits only if you hold it for long time, short term can make you lose. Bitcoin doesn't always make a profit every year like you say, bitcoin doesn't work like that.
As for market predictions, looking at the economic situation and recent market events, I don't think there will be a bull market anytime soon.

[Kadal Ijo]

I bought when the price was expensive, even the cheapest price I bought was $ 19k and the highest price was $ 52k, actually I had a chance to sell and profit, unfortunately I was too optimistic that the market would rise so I continued to hold, now the price is very cheap and if I sell will definitely lose and there is no other choice besides hold or maybe buy again.

[bitterguy28]

I bought when the price was expensive, even the cheapest price I bought was $ 19k and the highest price was $ 52k, actually I had a chance to sell and profit, unfortunately I was too optimistic that the market would rise so I continued to hold, now the price is very cheap and if I sell will definitely lose and there is no other choice besides hold or maybe buy again.

you bought at those ends? 19k and 52k yet not selling anything ? wondering how much capitalization you have for this desperate holding.
if I were to buy at 52k then I should have sold that when the price fell to at least 40 then consider buying again at that 19k .
it is not selling at losses mate instead that is practicality action of investors to sell even in lower price but will but in lowest.

[savetheFORUM]

I bought when the price was expensive, even the cheapest price I bought was $ 19k and the highest price was $ 52k, actually I had a chance to sell and profit, unfortunately I was too optimistic that the market would rise so I continued to hold, now the price is very cheap and if I sell will definitely lose and there is no other choice besides hold or maybe buy again.

you bought at those ends? 19k and 52k yet not selling anything ? wondering how much capitalization you have for this desperate holding.
if I were to buy at 52k then I should have sold that when the price fell to at least 40 then consider buying again at that 19k .
it is not selling at losses mate instead that is practicality action of investors to sell even in lower price but will but in lowest.

I don't think he bought a whole btc at those prices but I think he only bought some though I think his capital is still huge because he is not scared to buy at any levels and then he looks willing to buy more because he doesn't seem to have a plan of selling yet.

I also do not think that he will sell at a loss because he didn't even sell when the price have risen up. Selling at a loss is also risky because there is no way to tell if the price will drop more and what if the price have recovered instead right after we sell? We are going to regret it for sure. @Kadal Ijo I know that being optimistic is a good thing but we must also be realistic with our goals so that we can also experience to profit.

[Smack That Ace]

I bought when the price was expensive, even the cheapest price I bought was $ 19k and the highest price was $ 52k, actually I had a chance to sell and profit, unfortunately I was too optimistic that the market would rise so I continued to hold, now the price is very cheap and if I sell will definitely lose and there is no other choice besides hold or maybe buy again.

you bought at those ends? 19k and 52k yet not selling anything ? wondering how much capitalization you have for this desperate holding.
if I were to buy at 52k then I should have sold that when the price fell to at least 40 then consider buying again at that 19k .
it is not selling at losses mate instead that is practicality action of investors to sell even in lower price but will but in lowest.

I don't think he bought a whole btc at those prices but I think he only bought some though I think his capital is still huge because he is not scared to buy at any levels and then he looks willing to buy more because he doesn't seem to have a plan of selling yet.

I also do not think that he will sell at a loss because he didn't even sell when the price have risen up. Selling at a loss is also risky because there is no way to tell if the price will drop more and what if the price have recovered instead right after we sell? We are going to regret it for sure. @Kadal Ijo I know that being optimistic is a good thing but we must also be realistic with our goals so that we can also experience to profit.

It wasn't exactly optimism but a bit of greed that occupied his mind, that happens to most investors when they see their assets are going up and they want a little more profit so they don't sell. But when the price starts to drop they will regret more for not selling when there is a profit so there will be no reason to cut losses, and he is becoming a reluctant holder in the end. It is a lesson, taking profits is never wrong and always have a plan, always have a goal in investing, never let greed take over our minds.

[Plaguedeath]

We still don't know what's the future of Bitcoin price will be, but if anyone want to hold Bitcoin need to accept the risk if their investment can go wrong since no one can predict the future. It's true Bitcoin have been survive from many crash in the past few years ago, but past performance doesn't 100% guarantee the future performance since there's many improvement.

If Bitcoin get banned in every countries in this world, it will really give a big impact to Bitcoin price.

[btc_angela]

We still don't know what's the future of Bitcoin price will be, but if anyone want to hold Bitcoin need to accept the risk if their investment can go wrong since no one can predict the future. It's true Bitcoin have been survive from many crash in the past few years ago, but past performance doesn't 100% guarantee the future performance since there's many improvement.

Yes, we don't know what the future holds, but if we are going to look at it's past history to be able to predict what's the possible scenario, then we know that there is a huge chance to see another bull run in 2024-2025.

There are speculations in our last bull run that we will have a super cycle, but it doesn't happen so the 4 year cycle is still going to hold, in my opinion.

If Bitcoin get banned in every countries in this world, it will really give a big impact to Bitcoin price.

Don't know if this is possible or how can they ban bitcoin, on the contrary, we have countries like El Salvador and others that are bitcoin friendly. Only government that are not open or doesn't want to give control to their people opposed to bitcoin, and those are authoritarian regime.

[carlfebz2]

I bought when the price was expensive, even the cheapest price I bought was $ 19k and the highest price was $ 52k, actually I had a chance to sell and profit, unfortunately I was too optimistic that the market would rise so I continued to hold, now the price is very cheap and if I sell will definitely lose and there is no other choice besides hold or maybe buy again.

you bought at those ends? 19k and 52k yet not selling anything ? wondering how much capitalization you have for this desperate holding.
if I were to buy at 52k then I should have sold that when the price fell to at least 40 then consider buying again at that 19k .
it is not selling at losses mate instead that is practicality action of investors to sell even in lower price but will but in lowest.

I don't think he bought a whole btc at those prices but I think he only bought some though I think his capital is still huge because he is not scared to buy at any levels and then he looks willing to buy more because he doesn't seem to have a plan of selling yet.

I also do not think that he will sell at a loss because he didn't even sell when the price have risen up. Selling at a loss is also risky because there is no way to tell if the price will drop more and what if the price have recovered instead right after we sell? We are going to regret it for sure. @Kadal Ijo I know that being optimistic is a good thing but we must also be realistic with our goals so that we can also experience to profit.

It wasn't exactly optimism but a bit of greed that occupied his mind, that happens to most investors when they see their assets are going up and they want a little more profit so they don't sell. But when the price starts to drop they will regret more for not selling when there is a profit so there will be no reason to cut losses, and he is becoming a reluctant holder in the end. It is a lesson, taking profits is never wrong and always have a plan, always have a goal in investing, never let greed take over our minds.

Some people do really just let those opportunity to sell on profits and rather hold up no matter what but its true that it could really leave out some regretful feeling considering that we could really make money

without the need on holding up for couple of years.But well each person does have its own decisions towards their investment on where whether they would be selling or not into that particular point.

Its not really bad on being optimistic towards price but dont make yourself able to believe nor force out about those high numbers because it cant really be just happening
on point or on a short period of time.Everything would really takes a process.

[Rana590]

We still don't know what's the future of Bitcoin price will be, but if anyone want to hold Bitcoin need to accept the risk if their investment can go wrong since no one can predict the future. It's true Bitcoin have been survive from many crash in the past few years ago, but past performance doesn't 100% guarantee the future performance since there's many improvement.

If Bitcoin get banned in every countries in this world, it will really give a big impact to Bitcoin price.

Still now most of the countries are not accepting Bitcoin as legal currency but Bitcoin is surviving. If we think about digital world, currency and payment gateway then Bitcoin is the best option. It is true that we can't predict what will be in the future but all we know how much potential Bitcoin is. That's why we need to invest on Bitcoin and hold strongly for future benefits.