bitcoin over 30k

[bits4books]

Or maybe you'll let people decide for themselves what to do with their lives? Everyone dislikes the state so much because it is against cryptocurrencies and does a lot of things to limit its use, and then you come and say that " who will be responsible?". People are quite free to decide for themselves what to invest in and in what amount.
You don't against (or against?) ordinary means of investment like shares, bonds or futures, etc. So why are you now saying that someone should be held accountable for the actions of other people?
It's time to get used to the fact that no one owes you anything and only you are responsible for yourself. You're not 10 years old after all.

[bosede1]

There are lot of speculations about bitcoin price last year and today we see the price over $30k. For those gambling with bitcoin I think these are the set of people who can regret being in the business.

[BITCOIN4X]

Poor people gamble their savings now thinking they will get rich quick ...

I am interested in this. What you need to realize today is that bitcoin is not the get-rich-quick scheme they think it is. Even though you have the potential to reap a return of 100% or even more than your current investment value, it is clear that this investment is not one of these schemes. Traders and investors are always in an advantage and disadvantage situation because basically the volatility will remain. This is an investment risk and you should be aware of it.

Anyone has the right to choose where to spend their money in the sense that your money is your responsibility. If someone decides to invest in bitcoin, they should be aware of the investment risks from the start. There is no investment without risk.

[BITCOIN4X]

To date, Bitcoin figures $ 41,350 and this is only at the beginning of the year. It's even hard to imagine what will happen a few months later, but the current situation is quite similar to 2017 after the halving. I believe that skeptics are still tearing their hair out because of poor forecasts.

If the benchmark of your current analysis is the Halving, then this should be the start of the ascent, the peak may be in late 2021 or early 2022. History doesn't have to be the same and Bitcoin can go up and down more than people predict and it has happened many times before today. This increase will continue and the volatility will always be there. At least in the near future bitcoin will not go down based on what I currently believe.

[kpierce77]

To date, Bitcoin figures $ 41,350 and this is only at the beginning of the year. It's even hard to imagine what will happen a few months later, but the current situation is quite similar to 2017 after the halving. I believe that skeptics are still tearing their hair out because of poor forecasts.

If the benchmark of your current analysis is the Halving, then this should be the start of the ascent, the peak may be in late 2021 or early 2022. History doesn't have to be the same and Bitcoin can go up and down more than people predict and it has happened many times before today. This increase will continue and the volatility will always be there. At least in the near future bitcoin will not go down based on what I currently believe.

Honestly, there is no benchmark that is relevant anymore if you compare it to 2017/2018. reuters gave the news that bitcoin will continue to experience a positive trend up to $140k, do they have a solid foundation? I guess it's just speculation right. yes bitcoin probably won't go down like 2 years ago if people started using it in a complex system

[ecnalubma]

Take profits if necessary, don’t be too greedy even if the market is so bullish it doesn’t guarantee. People buying now are people who don’t care when the prices are at sale. The reason behind I’m into Bitcoin is I believe in its technology that’s definitely still undervalued.

[sapnu]

Take profits if necessary, don’t be too greedy even if the market is so bullish it doesn’t guarantee. People buying now are people who don’t care when the prices are at sale. The reason behind I’m into Bitcoin is I believe in its technology that’s definitely still undervalued.

Indeed, what you have said is advisable as of now since the price already reached the new ATH and it is really unbelievable to happen, also unpredictable. To those people who want to buy, make sure that you know the tools and indicators when you are trading that, but if you tried to take that as long-term holding, I don't think that is a good idea. Make sure you are well-knowledgeable about what you are doing so that you can prevent losing your own money.

[Jemzx00]

Take profits if necessary, don’t be too greedy even if the market is so bullish it doesn’t guarantee. People buying now are people who don’t care when the prices are at sale. The reason behind I’m into Bitcoin is I believe in its technology that’s definitely still undervalued.

A friend of mine has been keeping 15 bitcoins for over 6 years. When bitcoin was worth $ 9000, I advised him to take profit, but he said he was waiting for $ 100k.
Bitcoin is now worth $ 40,000, and it is still not going to be fixed. What is greed? Or a pragmatic calculation? I do not understand.

I too am at a confusion state just like everyone. Most of us were expecting for the price to be corrected at late December which didn't happened rather it pump and raise hard from breaking the 30k wall and now the 40k wall is reached. Right now, I expect the price to dip at 10k USD and be pump to 20-25k USD as the corrected price and the new normal for bitcoin. If we're lucky we can expect to see a normal price of 30k USD on the coming months after correction happen. Which I don't know when?!!!!!

[iv4n]

Take profits if necessary, don’t be too greedy even if the market is so bullish it doesn’t guarantee. People buying now are people who don’t care when the prices are at sale. The reason behind I’m into Bitcoin is I believe in its technology that’s definitely still undervalued.

Sometimes having high expectations and goals is fine, if you have good reasons to believe in them! Being greedy is one thing, believing in something more than in "making profit" is something else, let's not mix this too. Shorting, what most of us thinks about in bullish periods, we are trying to sell the top and buy back when price drops!

A friend of mine has been keeping 15 bitcoins for over 6 years. When bitcoin was worth $ 9000, I advised him to take profit, but he said he was waiting for $ 100k.
Bitcoin is now worth $ 40,000, and it is still not going to be fixed. What is greed? Or a pragmatic calculation? I do not understand.

A man with a plan! We need to respect that! For now, we can say he is doing just alright! If he waited 6 years, he is prepared to wait a few more for sure...by that time he will reach his goal!

I too am at a confusion state just like everyone. Most of us were expecting for the price to be corrected at late December which didn't happened rather it pump and raise hard from breaking the 30k wall and now the 40k wall is reached. Right now, I expect the price to dip at 10k USD and be pump to 20-25k USD as the corrected price and the new normal for bitcoin. If we're lucky we can expect to see a normal price of 30k USD on the coming months after correction happen. Which I don't know when?!!!!!

I agree, I expected to drop after $20k...but after some time we saw $30k, I was thinking this is it... and hello $40k! For sure, I didn't expect this price, at least not now! Maybe be at the end of this year, November, December...not in January!
I heard some crazy predictions in the last few weeks! And to be honest I don't know what to expect... like always I will try to keep some coins safe, I will sell some and wait for possible dip, playing safe is recommended sometimes!

[CryptoLogo]

What are you talking about? Everyone should think with his own head. And then suicides and deaths. If a person does not have enough brains to figure out what cryptocurrency is and how dangerous it is, then there is nothing surprising that he will lose money on it. Ie then his problem and his fault, and not those who created or supports the cryptocurrency.

Even those who has no Brains in Head that invest on Bitcoin wayback are now a Millionaire so whats the Suicide on that?

I meant that the comment on the starter's topic about the fact that suicides will be on the conscience of "managers or advisers" is not correct.
Everyone is responsible for his own life and is responsible for his actions. This is the same as saying that people who did not advise you to buy bitcoin for $ 3000 are to blame for this.

[ardentvolcanoes]

Take profits if necessary, don’t be too greedy even if the market is so bullish it doesn’t guarantee. People buying now are people who don’t care when the prices are at sale. The reason behind I’m into Bitcoin is I believe in its technology that’s definitely still undervalued.

A friend of mine has been keeping 15 bitcoins for over 6 years. When bitcoin was worth $ 9000, I advised him to take profit, but he said he was waiting for $ 100k.
Bitcoin is now worth $ 40,000, and it is still not going to be fixed. What is greed? Or a pragmatic calculation? I do not understand.

Wow! if I'm with his shoe I'll be in a rush selling those holdings and enjoy the rest of my life, not sure what your friend's thinking but

waiting for that huge amount will take more years, unless he have an inside knowledge with those people behind this system and he's

really positive that acceptance with this system will push the value to that range.

[Traderbtcc]

I was a pessimist that bitcoin will go over 20k ,now it's over 30k

From my perspective btc is worthless same as cash ...it has no value for me

I get it ,it's volatile a speculator and market manipulator dream come true ...for them it has value

Bitcoin is worthless? $40k is worthless to you not to me tho, I know everyone is entitled to their own opinion about things, but you can't say a diamond worthless  .

Poor people gamble their savings now thinking they will get rich quick .

As I can remember no one forced weak hands to invest in bitcoin, every investment is risky, I believe they know about the risk before investing in bitcoin, so if there's any blow back it's definitely on them and not the bitcoiners, if they bought it earlier when it dipped last year, you won't be saying this.

[BuNga_cute]

I don't agree if someone says Bitcoin is worthless, because the price of Bitcoin has continued to rise from its creation until now. Even current
Bitcoin demand comes from large companies with large market caps, if a large company decides to invest in Bitcoin, Bitcoin is definitely valuable.
We must not deny that in fact Bitcoin is valuable, even in the COVID-19 situation that has caused other assets to collapse. Bitcoin in 2020 is
showing great performance.

[AndySt]

they use it because they think it is valuable, actually all commodities around the world also have no price at all.
because they think it is valuable.
Likewise with BTC, the initial exit was almost worthless but is now widely used.

By the way, most useless products usually still have a small, but the price  What you have just said relates to pure philosophy, and in the real world economy in a market economy, almost everything can have a market price, the most important thing is that there is a seller and a buyer, and then the invisible hand of the market of Adam Smith comes into force.

[FanEagle]

Increasing price of bitcoin is inevitable, it could go down as much as it can but at the end of the deal it is not going to stop here and never reach here ever again, people thought the same at 20k and they were wrong big time. Just because 40k was reached, doesn't mean that is the last one, it is going to be obviously a great price over that, maybe tomorrow, maybe 3 years from now but it will be there. Which means we need to buy bitcoin, we should buy bitcoin, not with all our money, because that would be idiotic, but it will definitely be smart to keep buying small by small once a month, that way I am sure we are going to end up with a decent price eventually.

Like I said I am not saying bitcoin will be 40k+ in a day, or a week, or even a month, or maybe not even a year, I can't know that, I hope it goes over 40k very very quickly but I can't know that, all I am saying is "one day" it will be 40k+ for sure.

[sportclub2010]

in the last 2018 period there have been many people selling their assets, then investing in bitcoin and ending with a sad story. Hopefully this year many people will learn before deciding to invest their money.

I agree with you that those people who invested in bitcoin in 2018, and then ended up with a sad story, will not do this anymore. But those people who just came to the crypto world in the hope of getting rich quickly will invest in bitcoin for 30k and 50k. And perhaps for them, too, everything will end sadly.

[passwordnow]

Actually it is depending on different kinds of people. If a person don't want to gamble then no one can force him/her to gamble. In every condition, we can't blame gov and we should understand that it is crypto world.

As you are saying it depends on the people. And that's how he sees it and to blame it to the government but you're also right that it's not about them because we're in the crypto world which is totally volatile and speculative. But the real deal is himself that don't believe it before that bitcoin will reach certain highs because now, it just keeps on breaking high prices that we haven't met before.

[Oasisman]

in the last 2018 period there have been many people selling their assets, then investing in bitcoin and ending with a sad story. Hopefully this year many people will learn before deciding to invest their money.

I agree with you that those people who invested in bitcoin in 2018, and then ended up with a sad story, will not do this anymore.

You sure about that? I saw someone on my crypto community on Facebook who has lost a good amount of money in 2018 after he bought almost at the peak of the 2017 ATH. He got so impatient as the bear run lasts more than a year and sold more than half of his bag. But, that's how he learned how the price of Bitcoin moves. Sometimes you gotta learn the hard way.
He's back on track now, slowly acquiring Bitcoin because he already had a long term plan.

[Yaunfitda]

in the last 2018 period there have been many people selling their assets, then investing in bitcoin and ending with a sad story. Hopefully this year many people will learn before deciding to invest their money.

I agree with you that those people who invested in bitcoin in 2018, and then ended up with a sad story, will not do this anymore.

You sure about that? I saw someone on my crypto community on Facebook who has lost a good amount of money in 2018 after he bought almost at the peak of the 2017 ATH. He got so impatient as the bear run lasts more than a year and sold more than half of his bag. But, that's how he learned how the price of Bitcoin moves. Sometimes you gotta learn the hard way.
He's back on track now, slowly acquiring Bitcoin because he already had a long term plan.

Yes, I hate to say this, but sometimes we crypto investors need to loss money to really gain a lot of experience to help up propel to the next level. Maybe they did lost a lot of money, but in return they got a valuable lesson on how to invest in bitcoin. There are risk involved, the price are not going to rise parabolic. Most of the time those little bumps along the way are what we needed to really understand how the market works.

[TimeTeller]

I don't agree if someone says Bitcoin is worthless, because the price of Bitcoin has continued to rise from its creation until now. Even current
Bitcoin demand comes from large companies with large market caps, if a large company decides to invest in Bitcoin, Bitcoin is definitely valuable.
We must not deny that in fact Bitcoin is valuable, even in the COVID-19 situation that has caused other assets to collapse. Bitcoin in 2020 is
showing great performance.

Noticed that the OP who is a Sr Member posting this kind of remark towards bitcoin?
Something is wrong with the picture. He achieved the rank of Sr Member, and yet, he is formulating some baseless comments here.
If he truly believes about his post, he should be out already from the forum.
I guess, he is just in denial stage. Can't accept the fact that bitcoin is worth a lot these days.
If anyone is still saying, it is worthless. He doesn't fully know what he's talking about.