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Author Topic: Why Is Bitcoin Price Increasing?  (Read 1504 times)
Kemarit
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December 23, 2023, 11:10:00 AM
 #181

Right now, should be a good time to realize that if you really want to buy bitcoin then you should be careful about it, otherwise you are not going to get anything done and it will be much worse of you if you are not careful about it. I get that some people will want to make it work as much as they possibly could, but that doesn't mean that it will be enough. Bitcoin is something that gains momentum very quickly, when it goes up, it doesn't take years for it to go up, like how it takes years for it to go down.

I don't know what you mean by very careful though, the price is going up we can understand that, but still it's a good price to enter as we all know that next year we will be having a great run, reaching new all time high. Maybe in the 6 digits are most of us predicted.

So, you should be very quick with the trigger if you want to get in at the right time. I believe we have a very short window of opportunity right now and if we are late then we may still profit but a lot less because we got in too late. So, we should be making some money when we have the time, and it could definitely be something that would worth a lot of money and time as well, we need to make it work in order to keep it growing even bigger than this.

Look for long term investment in Bitcoin and it you could be good in my opinion. Just like last year, if we pull the trigger and bought at $15,500 last year, then looking at the price today, more than 150% profit? That is already huge.

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December 23, 2023, 11:31:33 AM
 #182


I don't know what you mean by very careful though, the price is going up we can understand that, but still it's a good price to enter as we all know that next year we will be having a great run, reaching new all time high. Maybe in the 6 digits are most of us predicted.
Could it be that the price will shoot up to previous ATH before diving again back to the same level due to volatility?

Quote

Look for long term investment in Bitcoin and it you could be good in my opinion. Just like last year, if we pull the trigger and bought at $15,500 last year, then looking at the price today, more than 150% profit? That is already huge.
How long is this term?
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December 23, 2023, 12:03:22 PM
 #183

Unexpected things often happen every year in the market and this cannot be denied by everyone but they continue to witness it and feel it with pleasure. From before, everyone has also seen that halving always has a greater incentive to mobilize many people into the market so that price fluctuations in the market can continue to occur, especially in Bitcoin.
Bitcoin halving many positive impact with increasing transaction volume and many people into the market for investing in bitcoin or altcoin, have positive viewed with bitcoin keep increasing exactly when few months left before halving due high traffic of investor come to the market and invest in bitcoin. Have been usual habit with many investor come to the market when close with halving because they want to earn profitable with short term without long term holding with their assets.

But don't prepare with bitcoin correction although have good moment with many people come to the market not guarantee bitcoin keep increasing up, be realistic with target profitable earn when investing in bitcoin.

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December 23, 2023, 01:13:41 PM
 #184


I don't know what you mean by very careful though, the price is going up we can understand that, but still it's a good price to enter as we all know that next year we will be having a great run, reaching new all time high. Maybe in the 6 digits are most of us predicted.
Could it be that the price will shoot up to previous ATH before diving again back to the same level due to volatility?

Quote

Look for long term investment in Bitcoin and it you could be good in my opinion. Just like last year, if we pull the trigger and bought at $15,500 last year, then looking at the price today, more than 150% profit? That is already huge.
How long is this term?
but this is not coming this year at least? breaking the ATH is seems to be impossible
to happen and I think that ATh will come directly and will record another one after the Halving and t
his boost is just effect of the recent news and of course the yeah cycle in the last quarters showing
strong market.
If ppl see the price's increased they'll try to buy but it's volatile so the price could be reduced after they've paid to buy. Triggering at the right time to sell or buy isn't easy. The next halving's going to bring more investors to bitcoin but FOMO isn't a solution which helps crypto.

So, you should be very quick with the trigger if you want to get in at the right time. I believe we have a very short window of opportunity right now and if we are late then we may still profit but a lot less because we got in too late. So, we should be making some money when we have the time, and it could definitely be something that would worth a lot of money and time as well, we need to make it work in order to keep it growing even bigger than this.
wrong , there are people that wanted to buy when the price is dumping and those are
the investors that knows what they are doing.

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December 23, 2023, 01:31:55 PM
 #185

Could it be that the price will shoot up to previous ATH before diving again back to the same level due to volatility?

It depends on the demand created by hype at certain point since if there's usual good news that can convince a lot of people to buy and then hold then we could provably see some good price insight and it maybe can surpass its past ATH price. Although there's less chance that it could happen but knowing bitcoin have surprise factor to the people who hold then everything about it is really so promising. Also for sure there's a lot of people will get hype on situation especially when they see that the price of keeps pumping so provably this will be the starting point for people to accumulate and save up for future usage.

How long is this term?
Nobody knows on when but lets keep hope we can see this in short period of time.

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December 23, 2023, 02:52:57 PM
 #186

Why Is Bitcoin Price Increasing?

Because it's an increasing asset.
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December 24, 2023, 01:18:51 AM
 #187

Clever investors are going to buy when bitcoin's being dumped because they'll anticipate low bottom price's about to come. If investors buy at lowest prices to hodl they'll be repeating the system they've used before because they know it works. The investors who'll do it know what they're doing they don't see it as a risk.

wrong , there are people that wanted to buy when the price is dumping and those are
the investors that knows what they are doing.

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Marvelman
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December 24, 2023, 01:24:29 AM
 #188

Clever investors are going to buy when bitcoin's being dumped because they'll anticipate low bottom price's about to come. If investors buy at lowest prices to hodl they'll be repeating the system they've used before because they know it works. The investors who'll do it know what they're doing they don't see it as a risk.

If we look back through history, we tend to see bitcoin's price bounce back after it drops for a while.  I think this happens partly because there's only so much bitcoin available, making it something people trust when economies seem uncertain.

But that doesn't automatically mean bitcoins price will keep going up again.  There's always the chance it keeps going down instead, so people buying at the bottom might end up losing money rather than gaining any.

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December 24, 2023, 11:56:06 PM
 #189

Looking through history it does show bitcoin's price bounce after it's dropped. Sometimes it bounced back early but it hasn't reached near ATH. I don't know why ppl believe it's always going up when we don't know if EFT ruling's going to bring the price down to low prices again.

If we look back through history, we tend to see bitcoin's price bounce back after it drops for a while.  I think this happens partly because there's only so much bitcoin available, making it something people trust when economies seem uncertain.

But that doesn't automatically mean bitcoins price will keep going up again.  There's always the chance it keeps going down instead, so people buying at the bottom might end up losing money rather than gaining any.

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December 25, 2023, 01:25:32 PM
 #190

Clever investors are going to buy when bitcoin's being dumped because they'll anticipate low bottom price's about to come. If investors buy at lowest prices to hodl they'll be repeating the system they've used before because they know it works. The investors who'll do it know what they're doing they don't see it as a risk.

wrong , there are people that wanted to buy when the price is dumping and those are
the investors that knows what they are doing.
Exactly my point here mate , they are taking the risk no matter what though
they don't see it as risk yet this is risky in emergency situation that you badly need that money
and the price go sideways.
Actually I understand this mate as i am also doing this sometimes(but of
course only small part of my holdings) because like what you said i am repeating this over and
over to make that amount increases its price continuously .

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December 25, 2023, 05:52:21 PM
 #191

Why Is Bitcoin Price Increasing?

Because it's an increasing asset.

We talk about the increase of Bitcoin price and we forget that it has a way of not staying at a particular price, for a very long while we have been seeing Bitcoin price struggling to surpass a certain amount each time it goes up every month and this month of December it has been finding it hard to get past $45k. And the question of why is the price always going down whenever it goes up?  It's an increasing asset but why go down whenever investors or traders expect it to go up?

R


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December 25, 2023, 06:37:48 PM
 #192

Quote
Look for long term investment in Bitcoin and it you could be good in my opinion. Just like last year, if we pull the trigger and bought at $15,500 last year, then looking at the price today, more than 150% profit? That is already huge.
We know Bitcoin is one of the most trusted long-term investments an investor can make. So we always plan to invest for long term with high returns and hold for future, it is the best investment. When the price of Bitcoin was $15000 people who bought it now must be in triple profit we can say without calculation. People have got so much profit in a short period of time, so if they invest for long term they can definitely earn more profit. So long term investment is most profitable than short term investment and people can earn huge amount of money from it.

R


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December 26, 2023, 11:46:31 AM
 #193

...When the price of Bitcoin was $15000 people who bought it now must be in triple profit we can say without calculation. People have got so much profit in a short period of time, so if they invest for long term they can definitely earn more profit. So long term investment is most profitable than short term investment and people can earn huge amount of money from it.
Did you take into the account those who had purchased it for 69K?
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December 26, 2023, 02:01:18 PM
 #194

Clever investors are going to buy when bitcoin's being dumped because they'll anticipate low bottom price's about to come. If investors buy at lowest prices to hodl they'll be repeating the system they've used before because they know it works. The investors who'll do it know what they're doing they don't see it as a risk.

wrong , there are people that wanted to buy when the price is dumping and those are
the investors that knows what they are doing.

Thats because strategic investors often capitalize on market downturns, anticipating the potential for future gains when buying assets at lower prices. This approach reflects their confidence in the market's cyclical nature and their ability to navigate it effectively. Smiley

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