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Author Topic: What is going to happen with Bitcoin now?  (Read 963 times)
Yaunfitda
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May 31, 2024, 11:32:24 AM
 #121

I don't see any difference though in the previous bull run. Yeah, maybe we hit a new all time high before the halving, but it doesn't mean that we won't be sitting a massive bull run after it. And if you look at previous bull run, it will take at least months before we can finally see some semblance of a bull run in the market. So I doubt that we will not see a new all time high for this bull cycle. It's just a matter of time, and we are not even a month from the halving itself to say that there will be no rise, it's too early. For others this could still be a period of accumulation and then see the price at the end of the year, we could be very well looking at 6 digit future, I reckon. It's that we really need to have a lot of patience in this market.
I do agree that we are going to do very well, it is not going to be all that complicated, people see that we are going to go up, and this means that we are going to probably see a lot of people thinking that they could make money from crypto if they are careful. This is of course not a simple thing, it will take a while before we could see it change.

This is why I believe that the best thing to do right now would be not caring about the results at all, don't look at it currently because it goes up and down, think about the long term future and you will feel more hopeful about it. A lot of people are considering the situation to be risky because they are not aware of the situation, but if all looked at the long term, they would all buy.
Yes, that's what I'm trying to say, don't make it hard for ourselves, sooner or later, we will have this kind of parabolic rise, meaning there will be months that we will see a big jump in prices and so everyone will be happy and then make a lot of money specially those who have been slowly accumulating overtime. We can look at the price from time to time. But let's practice not to panic every time there is a dip. Just remain relatively calm and then look at the price side. Or at least if the situation calms down and you didn't sell or panic, then that is a first step and then the next, you might not be affected at all and then learn how not to get nervous and just stay focus of your goal, to be a long term holder or at least wait till 2025.

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Yamifoud
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May 31, 2024, 12:58:17 PM
 #122

...
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.

I wouldn't say that it's very hard to understand, it's already given that it's either to go up or down or just in the middle or sideway patterns. That is the only 3 pattern that you need to know to be able to stay in the market and make the right decision. If the prices goes down, then a perfect time to accumulate. If it goes up, then just wait an see how it goes or if you already buy when the price is in the dip then that is the good time to sell and make profits. Or if you are a long term investor, during the sideway pattern, it's best time to accumulate. Right now it seems that we are in sideway pattern so there's a lot of time for us to still buy and then just HODL.
Still, it remains unpredictable and we can't ensure that what happened in the previous bull season, similar things happened this time. Therefore I think we have to be more adaptable to the upcoming situation and never expect too much of ATH to come right away. Indeed, the market is still like a roller coaster, it moves up and down. But the good thing is that every market situation gives us an opportunity to buy (during a correction) and Sell (during a price rally). This is how the market works and this is also the reason why many people are attracted. 
rodskee
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May 31, 2024, 01:08:14 PM
 #123

...
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.

I wouldn't say that it's very hard to understand, it's already given that it's either to go up or down or just in the middle or sideway patterns. That is the only 3 pattern that you need to know to be able to stay in the market and make the right decision. If the prices goes down, then a perfect time to accumulate. If it goes up, then just wait an see how it goes or if you already buy when the price is in the dip then that is the good time to sell and make profits. Or if you are a long term investor, during the sideway pattern, it's best time to accumulate. Right now it seems that we are in sideway pattern so there's a lot of time for us to still buy and then just HODL.
Still, it remains unpredictable and we can't ensure that what happened in the previous bull season, similar things happened this time. Therefore I think we have to be more adaptable to the upcoming situation and never expect too much of ATH to come right away.
History repeating itself? not sure if this is still applicable here in our market now
because what we are waiting these days? is another ATH in which i don't think will
happen again as the halving is bringing changes in the gambling.
Quote
Indeed, the market is still like a roller coaster, it moves up and down. But the good thing is that every market situation gives us an opportunity to buy (during a correction) and Sell (during a price rally). This is how the market works and this is also the reason why many people are attracted. 
actually not  roller coaster because the market is only moving a little up and down
so this is not roller coaster but a typical market movement.

milewilda
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May 31, 2024, 02:52:21 PM
 #124

...
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.

I wouldn't say that it's very hard to understand, it's already given that it's either to go up or down or just in the middle or sideway patterns. That is the only 3 pattern that you need to know to be able to stay in the market and make the right decision. If the prices goes down, then a perfect time to accumulate. If it goes up, then just wait an see how it goes or if you already buy when the price is in the dip then that is the good time to sell and make profits. Or if you are a long term investor, during the sideway pattern, it's best time to accumulate. Right now it seems that we are in sideway pattern so there's a lot of time for us to still buy and then just HODL.
Still, it remains unpredictable and we can't ensure that what happened in the previous bull season, similar things happened this time. Therefore I think we have to be more adaptable to the upcoming situation and never expect too much of ATH to come right away.
History repeating itself? not sure if this is still applicable here in our market now
because what we are waiting these days? is another ATH in which i don't think will
happen again as the halving is bringing changes in the gambling.
Quote
Indeed, the market is still like a roller coaster, it moves up and down. But the good thing is that every market situation gives us an opportunity to buy (during a correction) and Sell (during a price rally). This is how the market works and this is also the reason why many people are attracted. 
actually not  roller coaster because the market is only moving a little up and down
so this is not roller coaster but a typical market movement.
Only to those new people or investors or simply newbies are the ones who do have this kind of line on which they do really believe that the market would really be moving on a straight line on which
it would really be something that be normal but you should really be needing to changed up this kind of mindset and belief because this isnt how this market behaves or works. Sooner or later you would really be able to find for yourself on how feirce this market is when it comes to movement and total randomness on which we know that this market is really having that kind of main trait.
What would happen on Bitcoin now? No one really knows on where it would be going but pretty much sure that as long demand is there and talking about recognition and adaption then we would really be going upwards but no one really know on what would really be the numbers on which these are the primary questions that we do have in mind.

Sure thing that you must do is to accumulate coins as much as you could which we know that there would really be no guarantees that you could really be able to make yourself make profits
but sticking with Bitcoin is something that give out that kind of assurance considering that it is really that the main demand and support which is really that focusing into
but of course we do have still alternatives but well it would really be your choice.

CageMabok
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May 31, 2024, 04:25:00 PM
 #125

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.
I don't think it's a serious problem if the price of Bitcoin doesn't correct more deeply after the halving, because prices that tend to stagnate after the halving are also not bad for everyone, both people who still hold Bitcoin and people who want to buy Bitcoin at this time. Moreover, the price increase does not have to be marked by a price correction first because this is not merely a rule in increasing Bitcoin prices, where Bitcoin price movements themselves can occur directly without having to be corrected first in the market.

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wiss19
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June 02, 2024, 04:21:56 AM
 #126

Only to those new people or investors or simply newbies are the ones who do have this kind of line on which they do really believe that the market would really be moving on a straight line on which
it would really be something that be normal but you should really be needing to changed up this kind of mindset and belief because this isnt how this market behaves or works. Sooner or later you would really be able to find for yourself on how feirce this market is when it comes to movement and total randomness on which we know that this market is really having that kind of main trait.
What would happen on Bitcoin now? No one really knows on where it would be going
I think as a newbie it is normal, so let's not totally stress our selves about them and I'm sure they still can realize their mistakes later on just like most of us here when we are still starting. I think there are still newbies who like how fierce this market are and it's great in a way that they will not be shocked anymore.

The demand will stay as long as there are no bad things that will happen to BTC. If in terms of the halving, there are people who are excited but there are those who got turned off because they are impatient. I think their numbers are low compared to the other, so BTC won't go down a lot but it can only recover later on and pumped up.

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Lantind
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June 04, 2024, 04:09:41 AM
 #127

Only to those new people or investors or simply newbies are the ones who do have this kind of line on which they do really believe that the market would really be moving on a straight line on which
it would really be something that be normal but you should really be needing to changed up this kind of mindset and belief because this isnt how this market behaves or works. Sooner or later you would really be able to find for yourself on how feirce this market is when it comes to movement and total randomness on which we know that this market is really having that kind of main trait.
What would happen on Bitcoin now? No one really knows on where it would be going
I think as a newbie it is normal, so let's not totally stress our selves about them and I'm sure they still can realize their mistakes later on just like most of us here when we are still starting. I think there are still newbies who like how fierce this market are and it's great in a way that they will not be shocked anymore.

The demand will stay as long as there are no bad things that will happen to BTC. If in terms of the halving, there are people who are excited but there are those who got turned off because they are impatient. I think their numbers are low compared to the other, so BTC won't go down a lot but it can only recover later on and pumped up.
Every beginner will of course do that and most of them don't understand it well and most beginners will mostly insist on getting profits quickly and this is very difficult to get but once they realize this of course they will be able to do it correctly and be able to make a profit from what they do.

Everyone will of course continue to collect Bitcoin and they will believe that in the next few months the price of Bitcoin will increase and this will be very profitable for them, but for those who do not have patience, of course they will not be able to survive to make a profit.

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