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Richard Branson (OP)
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February 22, 2022, 09:56:02 AM
Merited by Wind_FURY (1)
 #21

If ETF passes we will go 10,000+
Why would the price climb to 10 K dollars if the ETF is approved .Why are people making these claims.Why don't we stick to reality about the price.The realistic price it could reach is $2500 to $3000 at the max and we still have people calling for $10k . Cheesy How about a good correction in price if the ETF is not approved,do you think it is possible. Wink

this aged well  Grin
my initial post as well (but it was about profit taking, not long-term outlook). glad I bought more during the dip.
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coolcoinz
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February 22, 2022, 04:29:58 PM
 #22

I hope you will buy more in this dip as well. I haven't seen Bitcoin this oversold since the 2020 covid crash. It's actually funny that markets are reacting with such fear to Putin's provocation. It barely has anything to do with decentralization and cryptocurrencies. If anything happens they are going to become more important to people fleeing the conflict zones and those who will try to get their unstable currencies into something safer that can't be stolen by soldiers or the police. I'd say the government stealing from protesters in Canada and threatening to take their children and pets if they don't comply is insane and if it doesn't make people seek decentralization, nothing will.

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February 23, 2022, 09:47:18 AM
Merited by Kemarit (1)
 #23

If ETF passes we will go 10,000+
Why would the price climb to 10 K dollars if the ETF is approved .Why are people making these claims.Why don't we stick to reality about the price.The realistic price it could reach is $2500 to $3000 at the max and we still have people calling for $10k . Cheesy How about a good correction in price if the ETF is not approved,do you think it is possible. Wink

this aged well  Grin
my initial post as well (but it was about profit taking, not long-term outlook). glad I bought more during the dip.

To have the opportunity to buy the DIP, DCA under $400, and actually build enough wealth for retirement. I salute you ser. I hope we plebs won’t be plebs for long.

Quote

2014: '#Bitcoin falls to $400'
2018: '#Bitcoin falls to $4,000'
2022: '#Bitcoin falls to $40,000'







https://twitter.com/documentingbtc/status/1489337991986356226


It’s the same during every cycle. FUD Bitcoin under $400,000 during the next cycle? It might be HOPIUM because of the law of diminishing returns, but I’m confident Bitcoin will be valued at least $100,000 per coin. Cool

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Hypnosis00
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February 23, 2022, 01:18:16 PM
 #24

Time for another round of profit taking if we hit 1200$.
You are trying to fool people into becoming hopeless which I believe that $1,200 is not possible. But I get your point here, you are testing them on how to become strong and manage to face the crisis. If they will sell their crypto, some investors went happy and you are helping them any way.

Well, I'm also preparing for that moment comes, I have a plan to buy more. Every dip seems like an opportunity to buy, so I just let people make decisions to sell their coins and take advantage of the market.

R


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February 23, 2022, 05:13:04 PM
 #25


But I get your point here, you are testing them on how to become strong and manage to face the crisis. If they will sell their crypto, some investors went happy and you are helping them any way.


What crisis do you mean exactly ? You talking about the Russia and Ukraine stuff ? That isn't a crisis yet.

And if you are talking about cryptocurrency bearish situation, that should not be referred to as crisis, it is normal. Except newbies that may not understand it yet and this will also be there experience. The price is not stable, it is a fluctuating asset . We only take advantage of what it present, sell when price is high and buy when price is low.

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February 25, 2022, 07:00:10 AM
 #26


But I get your point here, you are testing them on how to become strong and manage to face the crisis. If they will sell their crypto, some investors went happy and you are helping them any way.


What crisis do you mean exactly ? You talking about the Russia and Ukraine stuff ? That isn't a crisis yet.

And if you are talking about cryptocurrency bearish situation, that should not be referred to as crisis, it is normal. Except newbies that may not understand it yet and this will also be there experience. The price is not stable, it is a fluctuating asset . We only take advantage of what it present, sell when price is high and buy when price is low.


From another standpoint, the surges and the DIPs are part of Bitcoin’s bull/bear cycles. When someone is looking at the historical price, or a zoomed out Bitcoin chart, he/she merely sees the market and its behavior, not the reason why the surges, or the crashes happened.

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February 25, 2022, 11:24:34 AM
 #27

If ETF passes we will go 10,000+
Why would the price climb to 10 K dollars if the ETF is approved .Why are people making these claims.Why don't we stick to reality about the price.The realistic price it could reach is $2500 to $3000 at the max and we still have people calling for $10k . Cheesy How about a good correction in price if the ETF is not approved,do you think it is possible. Wink

this aged well  Grin
my initial post as well (but it was about profit taking, not long-term outlook). glad I bought more during the dip.

To have the opportunity to buy the DIP, DCA under $400, and actually build enough wealth for retirement. I salute you ser. I hope we plebs won’t be plebs for long.

Quote

2014: '#Bitcoin falls to $400'
2018: '#Bitcoin falls to $4,000'
2022: '#Bitcoin falls to $40,000'







https://twitter.com/documentingbtc/status/1489337991986356226


It’s the same during every cycle. FUD Bitcoin under $400,000 during the next cycle? It might be HOPIUM because of the law of diminishing returns, but I’m confident Bitcoin will be valued at least $100,000 per coin. Cool

If it's true that the bitcoin price cycle is always different every 4 years, most likely the next 4 years the bitcoin price will also pass the $100,000 price because of the difference now with 2014 and 2018.
Even though it takes our patience to wait for the price, but I'm sure the price of bitcoin will shine again after this dark disappears.
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February 25, 2022, 01:43:34 PM
 #28

Time for another round of profit taking if we hit 1200$.
very suitable profit taking, but in the future it will probably be much bigger, the resistance is also smaller for the current return of profits, the last one I know is above $1200, if you don't hurry it might get even stronger, because some others will also go up, if you don't hurry market resistance is back on the normal path, not the time now, because in the future it will be much higher, be patient?

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February 26, 2022, 09:09:47 PM
 #29

Time for another round of profit taking if we hit 1200$.
very suitable profit taking, but in the future it will probably be much bigger, the resistance is also smaller for the current return of profits, the last one I know is above $1200, if you don't hurry it might get even stronger, because some others will also go up, if you don't hurry market resistance is back on the normal path, not the time now, because in the future it will be much higher, be patient?
long term is always good idea when it comes investing bitcoin, but unfortunately not all investors have enough courage to keep holding because of doubts and etc when it comes crypto investment.

So probably that OP is one of those investors that too good to be true when there's a good profits already. I mean sell high and buy low again in short term only.
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February 27, 2022, 08:19:54 AM
 #30

There will always be people who are willing to sell for what they feel it is risky to hold, and I am fine with that. If people hold bitcoin forever without ever selling it, they would be losing a ton of money, and we should not be in support of that, the price of bitcoin would never go low if that was the case.

The reality is that we should be happy about these people, if they keep on selling then there is a chance we could buy crypto for cheap, I see this as others loss, and my gain. Let them sell as much as they possibly can, I just wish I could buy bitcoin at under 10k again, I would be so happy if that happened. It would take us back for years and would take years to come back but I have time, or at least I hope I have time (you never know what may happen tomorrow) and that way I could buy cheap and wait for a decade if I have to make insane profits.

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milewilda
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March 01, 2022, 09:18:21 PM
 #31

Time for another round of profit taking if we hit 1200$.
very suitable profit taking, but in the future it will probably be much bigger, the resistance is also smaller for the current return of profits, the last one I know is above $1200, if you don't hurry it might get even stronger, because some others will also go up, if you don't hurry market resistance is back on the normal path, not the time now, because in the future it will be much higher, be patient?
long term is always good idea when it comes investing bitcoin, but unfortunately not all investors have enough courage to keep holding because of doubts and etc when it comes crypto investment.

So probably that OP is one of those investors that too good to be true when there's a good profits already. I mean sell high and buy low again in short term only.

Its our money then its our right on when to sell or make out in the market and it is just a matter of decision whether we do get in or not.We do only regret if we do miss out those opportunities
on getting big profits just because we had sold our coins earlier but doesnt mean that it would really be late on buying cheaper prices once again.Also, profit is profit and you shouldnt look
back because it would really just stress you out on minding that you should have earned big if you havent done those mistakes.So better move on and aim for your goal as always.

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March 02, 2022, 08:17:20 AM
 #32

If ETF passes we will go 10,000+
Why would the price climb to 10 K dollars if the ETF is approved .Why are people making these claims.Why don't we stick to reality about the price.The realistic price it could reach is $2500 to $3000 at the max and we still have people calling for $10k . Cheesy How about a good correction in price if the ETF is not approved,do you think it is possible. Wink

this aged well  Grin
my initial post as well (but it was about profit taking, not long-term outlook). glad I bought more during the dip.

To have the opportunity to buy the DIP, DCA under $400, and actually build enough wealth for retirement. I salute you ser. I hope we plebs won’t be plebs for long.

Quote

2014: '#Bitcoin falls to $400'
2018: '#Bitcoin falls to $4,000'
2022: '#Bitcoin falls to $40,000'







https://twitter.com/documentingbtc/status/1489337991986356226


It’s the same during every cycle. FUD Bitcoin under $400,000 during the next cycle? It might be HOPIUM because of the law of diminishing returns, but I’m confident Bitcoin will be valued at least $100,000 per coin. Cool

Hahaha, I like that tweet, why not though? it's obvious isn't it, the pattern is there, $400,000 will be the next cycle's lowest low, so just imagine what will be the the all time high in the future?

$100,000? that's a conservative estimates, I will be putting it at $200,000 a pop and that is the middle ground price for me.

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buwaytress
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March 03, 2022, 08:33:14 PM
 #33

$100,000? that's a conservative estimates, I will be putting it at $200,000 a pop and that is the middle ground price for me.

Wait, wait, wait. I mean, everyone has 100k at some point. Even I do. But what exactly are we talking about here or rather, when? My optimist self says 6-digit USD value is only a matter of time, but that first instance should not be earlier than next halving. Even if people start pricing that in early that means next year.

But you just said 400k is next cycle's low. So when exactly are you calling 100k ... Bearing in mind that for you is conservative?

P.S. Will be very happy if you prove right, don't get me wrong Wink

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March 04, 2022, 01:10:25 AM
 #34


 I am not the person you replied, but my "hopes" for 100k is this year. It all depends on one hyped run or not. If we have that then 100k is not that difficult. Remember all those periods where we moved between 3-4k range to 7-8k range, that happened multiple times. Even if we do not see this the same thing, we could literally just do x2.5 and thats not too much for crypto at all. This is why I do not really see 100k as "impossible". In that case we could have 200k+ in 2023 and during next cycle have 400k. I am not saying that "will" happen, these are all just made up predictions and guesses, definitely doesn't mean I will be right, so do not assume I am backing them up with data or confidence or anything.

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lornadane
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March 04, 2022, 01:58:58 AM
 #35


 I am not the person you replied, but my "hopes" for 100k is this year. It all depends on one hyped run or not. If we have that then 100k is not that difficult. Remember all those periods where we moved between 3-4k range to 7-8k range, that happened multiple times. Even if we do not see this the same thing, we could literally just do x2.5 and thats not too much for crypto at all. This is why I do not really see 100k as "impossible". In that case we could have 200k+ in 2023 and during next cycle have 400k. I am not saying that "will" happen, these are all just made up predictions and guesses, definitely doesn't mean I will be right, so do not assume I am backing them up with data or confidence or anything.

Yes I also still remember all the different price increases that occur every year.
And I also see the price difference increases in October every year, almost 2x from the previous year and our hope to touch 100k will definitely happen but next year maybe.
To go back up to the price of only 60k people are very grateful.

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March 04, 2022, 03:00:57 AM
 #36

I actually remember Feb. 2017 very well and I actually also was looking to sell some Bitcoin if it broke the previous ATH which was like $1100-1200 or so.

Reason why was because everybody was bullish about that Winklevoss ETF and they were 99% sure it was approved and everyone was buying. But I sold some right before the decision knowing that there is a chance it won’t be approved and I’ll go down to like $800 again.

Well it wasn’t approved and Bitcoin did go down but a few weeks later it broke the ATH anyways. And the rest is history.

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March 04, 2022, 03:10:43 AM
 #37

And I also see the price difference increases in October every year, almost 2x from the previous year and our hope to touch 100k will definitely happen but next year maybe.
To go back up to the price of only 60k people are very grateful.
Whenever the price returns to the highest price, it will not be a problem because it will definitely happen in the future. And if it does get back to $60k this year, that's a boon for us, especially if it can go as high as $100k. So if you really expect to sell bitcoin at $100k or above $100k, you should hold bitcoin more strongly and not be affected by anything, including if the price drops drastically. You are allowed to buy more bitcoins if the price drops drastically. But it is not easy for bitcoin to go back to $60k while the price is up and down many times.

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March 04, 2022, 04:29:48 AM
 #38

If ETF passes we will go 10,000+
Why would the price climb to 10 K dollars if the ETF is approved .Why are people making these claims.Why don't we stick to reality about the price.The realistic price it could reach is $2500 to $3000 at the max and we still have people calling for $10k . Cheesy How about a good correction in price if the ETF is not approved,do you think it is possible. Wink

this aged well  Grin
my initial post as well (but it was about profit taking, not long-term outlook). glad I bought more during the dip.
Imagine almost 5 years before the effect taken into place, congratulations for your successful investment mate specially when buying at the dip.
now I'm sure you are ready to take it out as it took you how many years before tasting your progress.
this prove only one thing that our coin will surely hit the up though sometime took more years than we expected.
so this may serve as lesson to many about how we need to Keep HOLDING for us to make big outcome .

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March 04, 2022, 09:52:53 AM
 #39

glad I bought more during the dip.
Congrats! You made it.

Just like anyone else that has missed the 2017 ride and then goes through the 2018 bear. This was just another chance that has passed for the others.

What's next within the next 2-4 years? Maybe we'll get to see the same stories of those that have bought the dip and we'll be back again in here for being grateful for buying the dip.

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March 04, 2022, 11:06:36 AM
 #40

glad I bought more during the dip.
Congrats! You made it.

Just like anyone else that has missed the 2017 ride and then goes through the 2018 bear. This was just another chance that has passed for the others.

What's next within the next 2-4 years? Maybe we'll get to see the same stories of those that have bought the dip and we'll be back again in here for being grateful for buying the dip.
The decline is a great opportunity for us to buy, but what we really need is patience in holding, because there is no point in buying a lot but if he does not dare to hold for a long time, now I hope we will soon see a new era that is more good with a market that can continue to be in a bullish trend.

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