Peanutswar (OP)
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April 05, 2020, 09:56:53 AM |
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While in the previous weeks and the month of the March the market price of the bitcoin form 8k dollars it immediately falls down into 3.8k dollars and many investors grab the opportunity on this to make more profit in the future because now it is recovering from the market and now many investors and analysis look forward to the price of the bitcoin because in just a single week it has a huge change and it is become stable on the price of 6.7k to 6.8k because of the previous investment there is 23.8 billion dollar increase to the price of the crypto. From the previous week, the price of the bitcoin comes into 7k dollars and that was good news to us, and today there are a lot of people buying a lot of bitcoin instead of selling because we all know it will go up for the upcoming halving but still we cannot make sure the market price movement will continuously increase. As this kind of changes would you rather still invest or buy a lot of bitcoin or sell?. |
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Yudhisthir
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April 05, 2020, 10:20:22 AM |
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It's still difficult for anyone to predict what could happen around the halving. The coming 3 months are going to be decisive for the future of bitcoin. Bitcoin has improved but still not the way the users wanted it to. Whether it would be capable of gaining the interest of miners even after the halving is the larges query people have.
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tsaroz
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April 05, 2020, 10:26:51 AM |
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Bitcoin would balance itself. The balancing agents could be all of price increase, decrease in hashrates as miners leave and bitcoin mining being more centralized. In current situation, only the industry grade mining operators would be able to keep a profit after halving. There are news of mining equipments going with cheaper sells. The disadvantage is the localization of hashing power would risk any unforeseen attack on the blockchain.
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XCANA
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April 05, 2020, 10:47:35 AM |
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Well, having more investors inboard to buy cryptocurrency or invest in cryptocurrency is a sign that the market has started moving positively and is appreciated. Bitcoin halving is right at the corner and many would look at the history of Bitcoin and get insight of it gains that follows. This would make actually make many new investors to come into the investment.
Personally, am going to buy more for the aim of selling for profit after the halve, though, there are possibility of not seeing a higher raise but holding for a longer time will definitely yield good profits.
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Jating
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April 05, 2020, 11:09:04 AM |
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Invest what you can afford to lose.
If you follow this philosophy then you won't simply be affected by the price changes. It will be a continuous trend, someone is selling because they needed fiat at this time. Those who have plenty of money can buy in this dip, simply as that. So no one can really answer as whether we are going to buy or sell, it is up to the individual themselves, specially with the risk involved with the corona virus pandemic.
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cheater detector
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April 05, 2020, 11:09:47 AM |
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I will say bitcoin is comeback if the price is around 9k-10k. In this situation we can't predict if the price with have strong pump since corona make economic around the world is crash. And now corona is not done yet, we should end this virus first to make world economy is stable
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pakhitheboss
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April 05, 2020, 11:09:56 AM |
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While in the previous weeks and the month of the March the market price of the bitcoin form 8k dollars it immediately falls down into 3.8k dollars and many investors grab the opportunity on this to make more profit in the future because now it is recovering from the market and now many investors and analysis look forward to the price of the bitcoin because in just a single week it has a huge change and it is become stable on the price of 6.7k to 6.8k because of the previous investment there is 23.8 billion dollar increase to the price of the crypto. From the previous week, the price of the bitcoin comes into 7k dollars and that was good news to us, and today there are a lot of people buying a lot of bitcoin instead of selling because we all know it will go up for the upcoming halving but still we cannot make sure the market price movement will continuously increase. As this kind of changes would you rather still invest or buy a lot of bitcoin or sell?. You cannot call it comeback as Bitcoin is still trading below it's price level which it had beginning of this year. It is just recovering from its downward trend. It was already known that price of Bitcoin will go up before the month of May but, considering the outside factor we still cannot confirm that the price will go up from now on. Corona virus pandemic has been influencing the price of Bitcoin a lot. |
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btc_angela
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April 05, 2020, 11:20:35 AM |
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I wouldn't say that this is a comeback, maybe the right term is that bitcoin is resilient. Yes, it is not supposed to be a hedge to this kind of pandemic, (but to be fair, this is the first time that we have been tested like this). So obviously, the price fell drastically to as well as $3800. But since then, we have recovered already, while the rest of the traditional markets are still suffering at this point. But we are still far from where the price is prior to the crash. But it proves how resilient bitcoin is, we may suffer, but definitely we can bounce back.
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ethereumhunter
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April 05, 2020, 11:32:00 AM |
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Bitcoin not yet come back, but bitcoin is still trying to survive at this moment while the price is up and down. Bitcoin price is unpredictable, and we can only follow where the price moves while we can try to buy and sell and make a profit. Bitcoin will come back if the price can hit $10,000 or more, and if it's lower than $10,000, I think that would be a recovery phase for the price. Bitcoin needs more time to lift the price, and we will see a halving time, which can give more time for the price to increase.
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sheenshane
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April 05, 2020, 11:35:01 AM |
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I can't consider as of now that Bitcoin has an epic comeback right at this moment. It's too early to predict that thing. Probably when it will hit back over $10k dollars price in the market, maybe that is the time we can call comeback as Bitcoin will grow rapidly. Just because of this coronavirus the entire financial market was affected, even the crypto industry didn't escape from this outbreak. So, therefore, we can't give an accurate prediction about this matter if Bitcoin will grow. These are probably the barriers from those investors didn't invest Bitcoin yet due to: - Pandemic crisis is still going on
- Cities lockdown nobody can go outside to buy Bitcoin
- Worried about financial
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Assface16678
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April 05, 2020, 12:53:24 PM |
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For now, there is a lot of design about the market changes because from the previous month on March the market price of the bitcoin reaches over 3.8k dollars and that was so huge on a single week only but now it is now stable on the market movement of the coin and it is just over 6.8k dollars and this is a good sign for making earnings and investment because now we can make a lot of earnings in the next coming months because the halving is coming too there is a chance that the investment of ours can get a huge income again. So it is better to grab the opportunity to make more investment until you have some extra money or funds.
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rexxarofmoknathal
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April 05, 2020, 01:01:17 PM |
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Well, having more investors inboard to buy cryptocurrency or invest in cryptocurrency is a sign that the market has started moving positively and is appreciated. Bitcoin halving is right at the corner and many would look at the history of Bitcoin and get insight of it gains that follows. This would make actually make many new investors to come into the investment.
Personally, am going to buy more for the aim of selling for profit after the halve, though, there are possibility of not seeing a higher raise but holding for a longer time will definitely yield good profits.
The issue here is that although the anticipation is a great wave of growth in the market, that cannot be guaranteed. In fact, the calamity of the current situation may set out a different trend form the one everyone's expects from the event. This is why I'd be careful about taking this as a sure profit by buying in now - it's just being cautious that's all. |
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CarnagexD
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April 05, 2020, 01:25:14 PM |
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The price of the bitcoin today could be possible will now make more profitable because most of the time the market price of the coins now is making changes immediately on just single week and this is a good sign because you can now make a lot of investment because the bull run is coming again. But again it takes time before we can get more profit with that because it takes a lot of time and changes before it you will get your profit or income regarding your investment. For now, it is better to grab the opportunity to get some investment until the market price is low so we can get more income or profit soon.
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hirngespenst
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April 05, 2020, 01:37:22 PM |
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Surprisingly, Bitcoin come back at a strong level once again! I was hopeless by seeing Bitcoin at 3800$ and we were afraid of another dump to 3200$! But Bitcoin grew well even in this pandemic situation! 6700-6800$ seems strong but I am not sure how long Bitcoin will hold it! As the corona epidemic increasing rapidly, we may see a financial crisis after a couple of months! I assume the recent price stable happened because of upcoming halving!
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Sanugarid
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April 05, 2020, 01:42:55 PM |
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Invest what you can afford to lose.
Just a what if question, what if a person afford to lose everything? Coz I've read some posts here that they are really into trading in an instance that they are selling their precious stuffs or lot just because they think that crypto is here for an easy rich step? If you follow this philosophy then you won't simply be affected by the price changes. It will be a continuous trend, someone is selling because they needed fiat at this time. Those who have plenty of money can buy in this dip, simply as that. So no one can really answer as whether we are going to buy or sell, it is up to the individual themselves, specially with the risk involved with the corona virus pandemic.
I agree but somehow instinct is teasing you, you know when things get align in the market and you start seeing a clear pattern but then you did not take a look on it, after a while it gets into reality then you regret. That repeats, the event itself and this time you trust it and then it went wrong. The safest is risking the things you are able to work even without it. |
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samcrypto
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April 05, 2020, 02:40:13 PM |
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Not a total come back but its good to see the bitcoin pumps this much, we are still waiting for more confirmation and hoping for a real pump now. I felt nervous before but my trust to bitcoin is still with me, I managed not to panic during the pump and that allows me to buy more bitcoin, waiting for the next trend of bitcoin this year.
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BrewMaster
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April 05, 2020, 04:15:47 PM |
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right now is the time for the whales to accumulate bitcoin and for the panic seller newbies to continue losing money to their own irrational fears. otherwise bitcoin doesn't have a come back because it never went anywhere. it has been going strong with the adoption growing every moment.
remember that you shouldn't confuse price with real value and the comebacks. price is mainly affected by manipulation while the value increases.
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ServerWhere
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April 05, 2020, 05:08:08 PM |
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The changing business environment the inflation and probably the possible tax increases in many countries would make the bitcoin payments a preferred payment method for many businesses. So, it looks to me that the Bitcoin will expand its base. I cannot make predictions on its price myself, however.
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pixie85
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April 05, 2020, 05:20:46 PM |
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Not a total come back but its good to see the bitcoin pumps this much, we are still waiting for more confirmation and hoping for a real pump now. I felt nervous before but my trust to bitcoin is still with me, I managed not to panic during the pump and that allows me to buy more bitcoin, waiting for the next trend of bitcoin this year.
It's still too much to say that it pumps. It barely recovers but it's still ok if we look at the situation on the stock market. I heard a few smart traders who said Bitcoin is slowly becoming untethered from the stock market. Gold did the same and is doing very good compared to the value of fiat money and stock indexes. |
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YuginKadoya
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April 05, 2020, 06:28:52 PM |
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Well, apparently right now the price is pretty much in a less volatile state right now maybe the buying just stop and pretty much many are just analyzing what will happen next because of the situation we had right now,
But I am still buying amidst the situation of the pandemic I am trying to buy just a small portion with just my excess money because in my opinion I really think that bitcoin will still recover from the devastating blow it got from what is happening right now.
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