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Author Topic: What If Bitcoin go the other way next year  (Read 227 times)
YOSHIE
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September 11, 2020, 02:17:39 PM
 #21

$15000 what will be your motivation as a holdler, trader and investor?
In fact, I don't think it's the opposite, instead I think Bitcoin will break the record high and beat ATH in 2017, that's what crossed my mind.
not vice versa low.

I'm just worried, if the internet is destroyed & the third war starts, I think that will have a big impact on Bitcoin, everyone will not be able to access the internet / Bitcoin if that happens.

However, if it were all normal, the internet, war didn't exist, I think Bitcoin will become the currency that is used by all countries, considering that the current Covid virus doesn't stop, countries in the world will choose the best alternative crypto into transactions, especially Bitcoin, Bitcoin will automatically occupy the highest throne with other values ​​in the world, that's what is on my mind right now.

R


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September 11, 2020, 03:52:33 PM
 #22

People are thinking that we are here because we could profit from bitcoin, they do not realize that we are here because fiat has failed us and crypto is the only way out. I am not here because I want to make as much money as I can, I barely do any trades at all, I do invest because I feel like I am at a better place when my money is not in fiat form but in crypto form but that is long term investment not to lose wealth in the future which we can't know from small daily changes, it could be 5k all I care and I would still feel better.

I am here because I want to get out of fiat, fiat is controlled by politicians and their friends, they will do whatever they can to make themselves richer and that usually ends up with me being poorer, they can't control bitcoin because it is decentralized which is what I really am here for.

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September 11, 2020, 04:27:22 PM
 #23

It could, chart looks good, fundamentals are good, but from my experience chart is rarely playing itself out like you hope. Also there are several whales who can just manipulate the whole btc market as they wish. Imho that itself makes BTC price action is beyond educated guessing.

If whales sell or buy it will change the direction of the market to an extent and later on, we have panic sellers that create more selling pressure and reason for the fall in the market gets added. But considering overall thing with bitcoin I am quite optimistic with it and looking forward to seeing the new ATH in coming year. So, I am on the buying mode whenever it gets corrected again.

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September 11, 2020, 05:12:59 PM
 #24

I don't want to sounds like a  pessimists, but what if next year Bitcoin shows a different direction like what if instead of going to surpass the all time high it did not, people are expecting next year that Bitcoin will surpass it's all time high a year after the halving, the past records show that Bitcoin always hit a record high a year after the halving what if it go the other way  instead of making another all time high it only hit $15000 what will be your motivation as a holdler, trader and investor?
If new all time high for BTC doesn't appear in 2021 then it may be possible in 2022 or 2023, so the speculation will keep going on between the people and so called predictions will move the market from up and down and vice versa.So as a long term investor they should hold until they find new all time high and for the trader they should buy more to equalize the loss of capital then keep continue to trade for profits.
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September 11, 2020, 09:44:12 PM
 #25

I don't want to sounds like a  pessimists, but what if next year Bitcoin shows a different direction like what if instead of going to surpass the all time high it did not, people are expecting next year that Bitcoin will surpass it's all time high a year after the halving, the past records show that Bitcoin always hit a record high a year after the halving what if it go the other way  instead of making another all time high it only hit $15000 what will be your motivation as a holdler, trader and investor?

$15000 price is much better for next year rather than seeing the price again on $3k.Right? When it comes to future talks then theres no assurance on where price would be heading.
We have seen lots of prediction threads about this and about that but doesnt mean that those will be likely to happen.Everything is still questionable and cant really be precisely predicted
since lots of factors that can really affect the price movement neither there would be some big news upcoming either it would be positive or negative. The thing here is that if you are a holder,trader
or investor is that you do know on what you gonna do to be profitable no matter what the market condition is.

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September 11, 2020, 10:26:36 PM
 #26

Then, let us move on and accept the things that it possible to happens in this volatile market. Should we have to worry and cry? Of course, not.

We even started just like a scratch and we are not expecting to come that $20k year before a decade. If we get back below $10k next year or even below $5k, it is still acceptable and still high. I can be thankful that we got that price, multiple times than the price that we have started. It was a blessing for Bitcoin (and for everyone) and time to accumulate more.

R


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September 11, 2020, 11:13:08 PM
 #27

I don't want to sounds like a  pessimists, but what if next year Bitcoin shows a different direction like what if instead of going to surpass the all time high it did not, people are expecting next year that Bitcoin will surpass it's all time high a year after the halving, the past records show that Bitcoin always hit a record high a year after the halving what if it go the other way  instead of making another all time high it only hit $15000 what will be your motivation as a holdler, trader and investor?


It's ok with me even if it doesn't reach another all time high even though $15000 is ok, the important thing is that he doesn't drop even if his movements are slow as long as his price goes up steady maybe next year we can just hope for another all time high history says it will take a few more months from 5 to 12 months before the price increases after the halving, it's still an opportunity to buy more.
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