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Author Topic: The good moves of Bitcoin.  (Read 545 times)
Richycryp (OP)
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December 28, 2021, 10:13:40 AM
 #1

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
we do try by studying the market and know the demand, This will help us know how the movement of the market and the flows of the market through the chat.
everyone should contribute on this topic and tell us there different opinions and ideas.
is good if we can know the good moves of
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December 28, 2021, 10:28:48 AM
 #2

Cryptocurrency is a good investment if you want to gain direct exposure to the demand for digital currency, while a safer but potentially less lucrative alternative is to buy the stocks of companies with exposure to cryptocurrency.
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December 28, 2021, 10:44:30 AM
 #3

Of course it's always good idea to learn more stuff about the market especially when it comes demand and supply because that's the only way how to identify the real potential of the growth rate. wherein in order for us to obtain specific information to build a prediction as well. So for short if we don't have enough knowledge there's no way we can have a good win rate.
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December 28, 2021, 04:30:55 PM
 #4

Talking about it isn't going to sway the outcome.  You could ask people about their opinions about where to place a bet on a Roulette wheel, but no one know that for sure either.  Some people might guess correctly, but many will also give an answer that turns out to be wrong. 

The safest advice is to only gamble what you can afford to lose.  The more adventurous advice is to keep an eye on current events and attempt to use those to make educated guesses about market movements.  But they'll still be guesses.

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December 28, 2021, 06:14:53 PM
 #5

Considering supply/demand is the main market mover, understanding it would certainly go a long way.

Just remember predicting bitcoin's price is next to useless. Nobody knows if its going to go up, down, or sideways.

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December 28, 2021, 06:42:42 PM
 #6

Talking about it isn't going to sway the outcome.  You could ask people about their opinions about where to place a bet on a Roulette wheel, but no one know that for sure either.  Some people might guess correctly, but many will also give an answer that turns out to be wrong. 

The safest advice is to only gamble what you can afford to lose.  The more adventurous advice is to keep an eye on current events and attempt to use those to make educated guesses about market movements.  But they'll still be guesses.

You know there is a greater chance of loss than of winning at gambling. If I place 10 bets in Roulette and If I am lucky on that day I might be win 5 max and loss the rest. So in this case it is o to say the statement "only gamble what you can afford to lose".

But in Bitcoin, If I look back, from 2010 to 2021 there is no loss if you hodl tight, only looser lost their funds by investing in Bitcoin cause they are looser. So it is not like gambling to investing money in Bitcoin, it is safe heaven to store your asset.

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December 28, 2021, 07:33:00 PM
 #7

As long as we can learn and analyze the market, it will be okay because that can give us a chance to make a profit. The key is how we can still learn more about trading to adapt to the current situations, and I am sure we can improve our skills. It is okay if we can not make a profit many times because we are still learning but sooner or later, with our experience in analyzing, we can recover our loss and will get profit someday. We can not analyze and have a correct prediction, but we can analyze to benefit from the market situation. Just do not stop learning because that is the thing that will determine us to improve our skills in the future.

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December 28, 2021, 07:46:15 PM
 #8

Considering supply/demand is the main market mover, understanding it would certainly go a long way.

Just remember predicting bitcoin's price is next to useless. Nobody knows if its going to go up, down, or sideways.
Most times Bitcoin predictors got it right and some people make Profit with it, do not cancel the prediction of an investor because some of the prediction come to real, i believe that we have quality predictors and if you their prediction you can make profit, i know that demand and supply is the basic problem of bitcoin falling and rising
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December 28, 2021, 07:49:44 PM
 #9

Most Bitcoiners opinions are in agreement that in the long term Bitcoins block reward
will reduce and its FIAT value will increase so we are certain of the former Block Reward
and confident of the latter FIAT value, other than that nobody knows.

R


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December 28, 2021, 07:51:02 PM
 #10

I think everyone has made it very difficult to understand the bitcoin because they are not able to make proper use of it or secondly they are simply not able to profits from it. Because as a whole there are only two ways through which you can look into the bitcoin: Transactional or Profitability of our investment. No matter what everyone says about it but most of them are here for the profit making stuff as it has given the volatile market and day traders consider it as blessing for them.

If you ask me then I would simply say you just consider it as breath taking asset with features you always wished you had in your investment instrument. Bitcoin is simply that kinda addictive stuff.
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December 28, 2021, 10:48:58 PM
 #11

Do we really know the good moves of Bitcoin and the nature of the market.

We are not sure if that only be a GOOD move or that be a bad move as well. Perhaps, it is not always on the uptrend motion, sometime we got decline which mostly makes people get panic and then sell their crypto.
I'm supposed to think that by next year it gonna be bullish again but nobody knows...it is all a guess and like gambling, we never know that we will win or are just about to lose. So, if you trust Bitcoin as for investment, then go for it but if not, you may have to stop coz that will only result in nothing good.



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December 28, 2021, 11:47:57 PM
 #12

I can't say it hasn't had any good moves as you say but speculators are always talking almost close to the predicted price. So, I think you have your own idea already on where it would be going next and forcing them to talk about it doesn't change the result either. You can't expect us to give you a financial advice if that's what you were thinking. As most of us needed that too but no one could give the right answer so I think it's up to you to decide whether you want to follow most of these speculation by the speculators or make your own prediction.

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December 28, 2021, 11:58:47 PM
 #13

The good move could be,
  • When you heard institutional investors invested Bitcoin
  • When country announced Bitcoin becomes legal tender
  • No FUD news
  • World wide use

That's might be the reason that Bitcoin becomes have a good move, everything depended on the demand and supply so that Bitcoin has these better moves, and when the demand increase, it will surely increase the price.  Though the price is unpredictable we can sense when there's a bull run when there's good news arrived.

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.HUGE.
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December 29, 2021, 08:13:55 AM
 #14

there is no loss if you hodl tight

That's a big "if", though.  I tend to find the people asking for trading advice are the ones who don't know how to hodl.  So the risks are higher for them and they very much should treat it like any other form of gambling.  The market can be very fickle over the short term.

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December 29, 2021, 08:21:24 AM
 #15

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.

Who says that they can? lol there are speculation and prediction but that does not mean they know the exact movement of Bitcoin because if does then surely those people are having majority of bitcoins in market now.
remember that even whales fails in their prediction and sometimes losses in their trading.

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we do try by studying the market and know the demand, This will help us know how the movement of the market and the flows of the market through the chat.
it is CHART right?

yeah at least we can get close to our prediction that is what important here.

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everyone should contribute on this topic and tell us there different opinions and ideas.
is good if we can know the good moves of

actually yoy are certainly right and i dont see any thing wrong in your thread just not anyone knows exactly .









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Mars,           
here we come!
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December 29, 2021, 10:14:02 AM
 #16

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
we do try by studying the market and know the demand, This will help us know how the movement of the market and the flows of the market through the chat.
everyone should contribute on this topic and tell us there different opinions and ideas.
is good if we can know the good moves of
No one can guarantee bitcoin's future journey, no matter how great the predictions people make, the truth rate is definitely below 80%, even though the prediction space is wide open for everyone, but what needs to be understood is that the prediction is not a reference to the truth, a great example of bitcoin predictions this year, many people say that bitcoin will reach 1 billion, but the journey is not so, even tends to decrease from previous predictions.
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December 29, 2021, 11:01:27 AM
 #17

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
we do try by studying the market and know the demand, This will help us know how the movement of the market and the flows of the market through the chat.
everyone should contribute on this topic and tell us there different opinions and ideas.
is good if we can know the good moves of
No one can guarantee bitcoin's future journey, no matter how great the predictions people make, the truth rate is definitely below 80%, even though the prediction space is wide open for everyone, but what needs to be understood is that the prediction is not a reference to the truth, a great example of bitcoin predictions this year, many people say that bitcoin will reach 1 billion, but the journey is not so, even tends to decrease from previous predictions.
Maybe the moving of bitcoin will not be as fast as people think because as we see how bitcoin prices up to and down so far, it seems the price needs more time to increase and back to the last ATH and that will not come back so soon. But people still want to wait for the next highest price of bitcoin and even if that means they need to wait for more than 2 years later, they will still wait for more.



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December 29, 2021, 12:04:18 PM
 #18

Of course it's always good idea to learn more stuff about the market especially when it comes demand and supply because that's the only way how to identify the real potential of the growth rate. wherein in order for us to obtain specific information to build a prediction as well. So for short if we don't have enough knowledge there's no way we can have a good win rate.
With complete information on the market, of course we can make the right decisions in investing or trading, it has been seen that trading in the market is easy, but without sufficient knowledge in trading, it will certainly provide a fairly large risk of loss for us, that's why it's better before entering the market, it's a good idea to always read the situation and possibilities that exist in the market to avoid losses.

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December 29, 2021, 12:33:32 PM
 #19

Do we really know the good moves of Bitcoin and the nature of the market.
no we dont.

Quote

although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you.
i will never claim nor expect to know the exact movement but at least i can speculate that the value will be closer to that.

Quote
we can only be close on or prediction but not hundred percent correct.
we do try by studying the market and know the demand, This will help us know how the movement of the market and the flows of the market through the chat.
That is what we called it Technical Analysis in which nothing is very certain but at least can find where to go .

Quote
everyone should contribute on this topic and tell us there different opinions and ideas.
is good if we can know the good moves of
What i believe is the range of value at least in 4-5 digits movement .









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December 29, 2021, 02:00:22 PM
 #20

You are now not studying the nature of market movements, but rather the psychology of a biased random sample to estimate the price of Bitcoin, which is accurate if the sample has accurate experience regarding the price and looks at it in an impartial manner, which is not available in the price analysis currently.

Market psychology analysis may not be a good indicator because it is linked to news and past and Khaled market analyzes, all of which are factors that give a wrong impression about the price.
There are some sites[1] [2] [3] that provide such predictions and depend on the accuracy of previous predictions to build an analytical model.


[1] https://rapidapi.com/dubois4and/api/quotient
[2] https://cryptopredictions.com/
[3] https://tradingbeasts.com/crypto/

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December 29, 2021, 03:32:17 PM
 #21

In my opinion, Bitcoin price movement is still on the decline. From the chart, the current price movement still doesn't give any sign of accumulation or a possible reversal to bullish and if the support area breaks down at $44k, then most likely the price will go to the $39k area.

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December 29, 2021, 07:42:40 PM
 #22

In my opinion, Bitcoin price movement is still on the decline. From the chart, the current price movement still doesn't give any sign of accumulation or a possible reversal to bullish and if the support area breaks down at $44k, then most likely the price will go to the $39k area.

Every time Bitcon hits $50k-$51k prices, it's sure to drop in price soon after. It seems that it needs more positive news regarding Bitcoin,
to make the Bitcoin price continue to rise to reach the ATH price. But as long as the support price at $44k is still strong, there's nothing
to worry about, at least Bitcoin will move sideways. Hopefully the Bitcoin price won't fall below $44k, because I don't want to see the Bitcoin
price continue to fall. Even though it is actually still being said that Bitcoin is in a bearish trend, but as long as we all don't panic and stick with
holding Bitcoin we have, everything will be fine. So we really don't have much choice in the current situation, other than being patient with
the current situation.

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December 29, 2021, 08:08:12 PM
 #23

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
we do try by studying the market and know the demand, This will help us know how the movement of the market and the flows of the market through the chat.
everyone should contribute on this topic and tell us there different opinions and ideas.
is good if we can know the good moves of

Well, that exactly why they say Bitcoin is a highly speculative asset, because nobody knows what happens with the price next, the least we can do is to speculate, and through speculations we can influence the price action in crypto market.
Even those financial experts and other self proclaimed experts really doesn't know the future of Bitcoin some of then didn't even know what they're talking about.

And you know what's the good move of Bitcoin? It's volatile as always, but the value of Bitcoin is increasing each and every year pass.

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December 29, 2021, 08:33:36 PM
 #24

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
we do try by studying the market and know the demand, This will help us know how the movement of the market and the flows of the market through the chat.
everyone should contribute on this topic and tell us there different opinions and ideas.
is good if we can know the good moves of

Well, that exactly why they say Bitcoin is a highly speculative asset, because nobody knows what happens with the price next, the least we can do is to speculate, and through speculations we can influence the price action in crypto market.
Even those financial experts and other self proclaimed experts really doesn't know the future of Bitcoin some of then didn't even know what they're talking about.

And you know what's the good move of Bitcoin? It's volatile as always, but the value of Bitcoin is increasing each and every year pass.
That makes bitcoin more unique. We know we can't predict its price correctly but we are certain that its value is going upward in every year that comes. And you will only do better and create good opportunities in bitcoin if you never stop learning from it and keep updated with its current trends and events. The fact that bitcoin remains volatile is a  big challenge for us that we end up with educated guesses that have solid basis.

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December 29, 2021, 09:43:05 PM
 #25

Talking about it isn't going to sway the outcome.  You could ask people about their opinions about where to place a bet on a Roulette wheel, but no one know that for sure either.  Some people might guess correctly, but many will also give an answer that turns out to be wrong. 

The safest advice is to only gamble what you can afford to lose.  The more adventurous advice is to keep an eye on current events and attempt to use those to make educated guesses about market movements.  But they'll still be guesses.

You know there is a greater chance of loss than of winning at gambling. If I place 10 bets in Roulette and If I am lucky on that day I might be win 5 max and loss the rest. So in this case it is o to say the statement "only gamble what you can afford to lose".

But in Bitcoin, If I look back, from 2010 to 2021 there is no loss if you hodl tight, only looser lost their funds by investing in Bitcoin cause they are looser. So it is not like gambling to investing money in Bitcoin, it is safe heaven to store your asset.
They are just using gambling as an analogy of the unpredictability of the markets, after all while the markets do not really move at random they move in such a way that makes them impossible to predict as well. Also while without a doubt if you look at the charts it could seem as if it is impossible to lose if you invest in bitcoin the reality is that the majority does, after all not everyone has been invested in this market for that long, and due to the volatility people take mistaken decisions and sell their coins for a low price instead of holding them as they should.
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December 29, 2021, 10:34:55 PM
 #26

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
we do try by studying the market and know the demand, This will help us know how the movement of the market and the flows of the market through the chat.
everyone should contribute on this topic and tell us there different opinions and ideas.
is good if we can know the good moves of

Well, that exactly why they say Bitcoin is a highly speculative asset, because nobody knows what happens with the price next, the least we can do is to speculate, and through speculations we can influence the price action in crypto market.
Even those financial experts and other self proclaimed experts really doesn't know the future of Bitcoin some of then didn't even know what they're talking about.
And you know what's the good move of Bitcoin? It's volatile as always, but the value of Bitcoin is increasing each and every year pass.
For some, volatility serves as a great barrier when it comes to bitcoin adoption but when it comes to bitcoin as an investment, its the thing that gives us thrill and excitement that we find ourselves still attached to bitcoin.

However, the good moves of bitcoin is not always visible as only crypto enthusiasts have the ability to see its real worth and value.

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December 30, 2021, 02:44:45 AM
 #27

You cannot predict the good moves of Bitcoin as well as its bad moves. What you can be sure of is that if you take a look at the larger picture you will see that Bitcoin is generally making a good move. From zero a decade ago to $46,000 today. That is enough to make a bigger prediction that 10 years from now the price of Bitcoin will certainly grow multiple times.

However if you try to predict the small movements of Bitcoin, it is impossible to be accurate. So you better predict the long term.
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December 30, 2021, 06:04:02 AM
 #28

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
we do try by studying the market and know the demand, This will help us know how the movement of the market and the flows of the market through the chat.
everyone should contribute on this topic and tell us there different opinions and ideas.
is good if we can know the good moves of
We do not know where bitcoin will move but we can predict where bitcoin will be, although we can not get accurate predictions.
From the prediction we already made, we can make a strategy for what we should do when the price is up or down to use the moment for our benefit.
Studying the market will be necessary regard the market will always be volatile and move to any price and if we think that we do not have to enter the market, we should not try because that can make it difficult to buy or sell.
Only research and analysis will help us know what we need to do so we do not get in the trap of the market.

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December 30, 2021, 06:41:26 AM
 #29

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
we do try by studying the market and know the demand, This will help us know how the movement of the market and the flows of the market through the chat.
everyone should contribute on this topic and tell us there different opinions and ideas.
is good if we can know the good moves of
No one can guarantee bitcoin's future journey, no matter how great the predictions people make, the truth rate is definitely below 80%, even though the prediction space is wide open for everyone, but what needs to be understood is that the prediction is not a reference to the truth, a great example of bitcoin predictions this year, many people say that bitcoin will reach 1 billion, but the journey is not so, even tends to decrease from previous predictions.
Maybe the moving of bitcoin will not be as fast as people think because as we see how bitcoin prices up to and down so far, it seems the price needs more time to increase and back to the last ATH and that will not come back so soon. But people still want to wait for the next highest price of bitcoin and even if that means they need to wait for more than 2 years later, they will still wait for more.
I don't see this year as a bitcoin increase in the maximum price, the correction that occurred made bitcoin stall at the current price, to reach a new ATH I don't think this year will ever happen for bitcoin, but as you said, People are still waiting Bitcoin price increases to the maximum price, even to wait for that time it will take a year or two at the earliest, let's see if it will happen or vice versa.
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December 31, 2021, 05:46:54 AM
 #30

In my opinion, Bitcoin price movement is still on the decline. From the chart, the current price movement still doesn't give any sign of accumulation or a possible reversal to bullish and if the support area breaks down at $44k, then most likely the price will go to the $39k area.

Starting Wednesday 12/29/2021 the price of bitcoin has decreased below $48k until now the price movement of bitcoin is still at $47,218.10.
And now the price of Bitcoin is likely to move towards the point of “maximum pain”
Maybe what you say is true if the price of bitcoin will drop to $44k.
Who really cares if bitcoin price drops that low? remember that we have experience even below 30k this year from climbing almost high as 70k.

so Yeah I will take that opportunity to buy more than selling now or in the 2022 start.
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December 31, 2021, 06:09:38 AM
 #31

Do we really know the good moves of Bitcoin and the nature of the market.
Yeah, anyone who has been watching the bitcoin market for years, definitely will have definite idea on how bitcoin market will react to its support and resistance levels. The basics of nature of bitcoin market is not different from all other markets.

If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
Even advanced technical analysis do fail which means the volatility of bitcoin market is highly unpredictable. So, when a prediction disappoints you, how quickly you are correcting yourself makes you successful and sustainable in markets.

we do try by studying the market and know the demand, This will help us know how the movement of the market and the flows of the market through the chat.
Chart patterns are good way to predict the market directions. But, we need strong knowledge on different technical analysis to interpret the chart formations. There are multiple chart recognizing strategy are available, mastering them will help anyone to predict the market accurately.

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December 31, 2021, 09:03:05 AM
 #32

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
we do try by studying the market and know the demand, This will help us know how the movement of the market and the flows of the market through the chat.
everyone should contribute on this topic and tell us there different opinions and ideas.
is good if we can know the good moves of
No one can guarantee bitcoin's future journey, no matter how great the predictions people make, the truth rate is definitely below 80%, even though the prediction space is wide open for everyone, but what needs to be understood is that the prediction is not a reference to the truth, a great example of bitcoin predictions this year, many people say that bitcoin will reach 1 billion, but the journey is not so, even tends to decrease from previous predictions.
Maybe the moving of bitcoin will not be as fast as people think because as we see how bitcoin prices up to and down so far, it seems the price needs more time to increase and back to the last ATH and that will not come back so soon. But people still want to wait for the next highest price of bitcoin and even if that means they need to wait for more than 2 years later, they will still wait for more.
I don't see this year as a bitcoin increase in the maximum price, the correction that occurred made bitcoin stall at the current price, to reach a new ATH I don't think this year will ever happen for bitcoin, but as you said, People are still waiting Bitcoin price increases to the maximum price, even to wait for that time it will take a year or two at the earliest, let's see if it will happen or vice versa.
Bitcoin has been making a price decline even at the present but i think this will only be temporary and won't last for long. I believe bitcoin will eventually recover its price sooner but if we will witness a bearish season right after this correction, then it may take a year or less than a year to see bitcoin starts to skyrocket again. But the good thing about bitcoin is, whatever its current condition, it will never become stable having a low price. It will always bound to reach new ATH once the market manifests an incoming bullish trend.

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December 31, 2021, 10:44:20 AM
 #33

Nothings going to happen even if every single person in the world were to talk about what they think of how Bitcoin would move. It's a volatile market that follows the logic of supply and demand, no amount of analysis could be enough to understand it and say that you can predict what would happen correctly all the time, cause if it really was possible, you'd see a lot of people who has won every trade they did. It would always be a 50/50 chance, no matter what, that's just how it is.

Predictions and analysis just raise the owners confidence level, but definitely not the chances of it happening

R


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December 31, 2021, 09:21:30 PM
 #34

In my opinion, Bitcoin price movement is still on the decline. From the chart, the current price movement still doesn't give any sign of accumulation or a possible reversal to bullish and if the support area breaks down at $44k, then most likely the price will go to the $39k area.

Starting Wednesday 12/29/2021 the price of bitcoin has decreased below $48k until now the price movement of bitcoin is still at $47,218.10.
And now the price of Bitcoin is likely to move towards the point of “maximum pain”
Maybe what you say is true if the price of bitcoin will drop to $44k.
Who really cares if bitcoin price drops that low? remember that we have experience even below 30k this year from climbing almost high as 70k.

so Yeah I will take that opportunity to buy more than selling now or in the 2022 start.
@StreakW and Roidz, according to the facts. The Bitcoin market to have experienced some major dump in price during the last week of the year and also experience a huge market correction after 12months of halving effect bullish market though this may change due to the institutional investors.

@Chato1977, some people care about this because they are arbitrage or day trader and if the market continues to make an unpredictable trend it will affect their profit.

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December 31, 2021, 10:19:47 PM
 #35


Predictions and analysis just raise the owners confidence level, but definitely not the chances of it happening

Meaning, we can't make the future of Bitcoin fall into our hands as it moves freely without our huge influence. I can see that whales and market influencers making it different from the usual trend but this never gives the reason that we certainly know what will happen next. Even we spend 24 hours studying the market flow, this never makes us know what gonna happen in the future.

*Bitcoin never moves according to the plan.
*Bitcoin is still unpredictable no matter what we do, this can never be changed.

R


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January 01, 2022, 03:56:43 AM
 #36

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
we do try by studying the market and know the demand, This will help us know how the movement of the market and the flows of the market through the chat.
everyone should contribute on this topic and tell us there different opinions and ideas.
is good if we can know the good moves of
No one can guarantee bitcoin's future journey, no matter how great the predictions people make, the truth rate is definitely below 80%, even though the prediction space is wide open for everyone, but what needs to be understood is that the prediction is not a reference to the truth, a great example of bitcoin predictions this year, many people say that bitcoin will reach 1 billion, but the journey is not so, even tends to decrease from previous predictions.
Maybe the moving of bitcoin will not be as fast as people think because as we see how bitcoin prices up to and down so far, it seems the price needs more time to increase and back to the last ATH and that will not come back so soon. But people still want to wait for the next highest price of bitcoin and even if that means they need to wait for more than 2 years later, they will still wait for more.
I don't see this year as a bitcoin increase in the maximum price, the correction that occurred made bitcoin stall at the current price, to reach a new ATH I don't think this year will ever happen for bitcoin, but as you said, People are still waiting Bitcoin price increases to the maximum price, even to wait for that time it will take a year or two at the earliest, let's see if it will happen or vice versa.
Bitcoin has been making a price decline even at the present but i think this will only be temporary and won't last for long. I believe bitcoin will eventually recover its price sooner but if we will witness a bearish season right after this correction, then it may take a year or less than a year to see bitcoin starts to skyrocket again. But the good thing about bitcoin is, whatever its current condition, it will never become stable having a low price. It will always bound to reach new ATH once the market manifests an incoming bullish trend.
The condition of bitcoin this year is quite confusing, almost the same as in the previous two years, bitcoin experiences small corrections almost every month from month to month, despite the fact that everyone knows the level of stability of bitcoin itself, I also realize this correction will return to normal, but it will take less time more than a year to be on a safe path, currently bitcoin is very suitable for buying both short and long term investments, there is nothing to worry about at this time, I think we should be able to see a great opportunity to invest in bitcoin.
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January 01, 2022, 10:02:00 AM
 #37

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
(....)
If so, we should try to look on the fundamental side of Bitcoin right now, not on the technical part like on the charts, because as you said nobody is hundred percent sure about the moves. So it is much better to look at the fundamental side like the adoption, number of transactions, the block halvings, and volume being transacted on the Bitcoin network.  Because for sure, the long term is good for this, this is the move that I consider good for Bitcoin.
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January 01, 2022, 10:24:30 AM
 #38

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
(....)
If so, we should try to look on the fundamental side of Bitcoin right now, not on the technical part like on the charts, because as you said nobody is hundred percent sure about the moves. So it is much better to look at the fundamental side like the adoption, number of transactions, the block halvings, and volume being transacted on the Bitcoin network.  Because for sure, the long term is good for this, this is the move that I consider good for Bitcoin.

Right, and the thing with bitcoin's fundamentals is that is getting stronger by the day.

If might not reflect to the price per se, but the network is more secure than ever, transaction block times are very quick, thus confirmations are cheap as well and fast.

Of course, bitcoin price movement is very unstable and no one can predict it accurately, everyone is just making a guess actually.

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January 01, 2022, 10:59:15 AM
 #39

Meaning, we can't make the future of Bitcoin fall into our hands as it moves freely without our huge influence. I can see that whales and market influencers making it different from the usual trend but this never gives the reason that we certainly know what will happen next. Even we spend 24 hours studying the market flow, this never makes us know what gonna happen in the future.

*Bitcoin never moves according to the plan.
*Bitcoin is still unpredictable no matter what we do, this can never be changed.
That doesn't mean that studying the market flow is useless though. It's like tidbits that make up the entirety of what the market would, or at least, part of the many possibilities there is. Naturally, Bitcoin would never move according to plan, it's because it doesn't follow any since every trader there is are the ones who set up on how the market would move.

Honestly, it'd probably be better to look at what Bitcoin is as a currency and invest with that kind of mindset. That way, you can have an idea of the value it itself has now, and the possible value it has on the future (which is why I just hodl tbh).

R


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January 02, 2022, 09:21:16 PM
 #40

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
(....)
If so, we should try to look on the fundamental side of Bitcoin right now, not on the technical part like on the charts, because as you said nobody is hundred percent sure about the moves. So it is much better to look at the fundamental side like the adoption, number of transactions, the block halvings, and volume being transacted on the Bitcoin network.  Because for sure, the long term is good for this, this is the move that I consider good for Bitcoin.
Besides looking at the fundamentals of bitcoin it is also important to look at the fundamentals of the other assets it is competing against, and if we take a look at other fiat currencies things are not looking good for them, even if governments are trying to blame inflation to all kind of external factors they are unable to hide that inflation is raising and that it is their fault, and if this high inflation keeps going on for years then this can only benefit bitcoin as people will finally understand why something like it exists at all.
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January 02, 2022, 11:58:52 PM
 #41

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
we do try by studying the market and know the demand, This will help us know how the movement of the market and the flows of the market through the chat.
everyone should contribute on this topic and tell us there different opinions and ideas.
is good if we can know the good moves of

This year gonna be a new change over the bitcoin.Which included the price over the other.Check the price since January and hold it till the price of bitcoin reach the new all time low and inverse to get good profit from it.When the market up with the price,you can sell and get good profit from  it.Now the choice is yours to trade at a good price.



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January 03, 2022, 09:57:41 AM
 #42

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
we do try by studying the market and know the demand, This will help us know how the movement of the market and the flows of the market through the chat.
everyone should contribute on this topic and tell us there different opinions and ideas.
is good if we can know the good moves of
Almost certainly no expert can predict Bitcoin perfectly, but at least they are able to make analysts and try to see the condition of bitcoin in the future, but the crypto space makes it easier for people to make studies, not only they are experts, but ordinary people can also make their own, there are many references that we can combine, to find out the development and trend of bitcoin in the future, but many people are lazy to do all that, so to make decisions based on small considerations.

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January 03, 2022, 08:53:31 PM
 #43

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
we do try by studying the market and know the demand, This will help us know how the movement of the market and the flows of the market through the chat.
everyone should contribute on this topic and tell us there different opinions and ideas.
is good if we can know the good moves of
Almost certainly no expert can predict Bitcoin perfectly, but at least they are able to make analysts and try to see the condition of bitcoin in the future, but the crypto space makes it easier for people to make studies, not only they are experts, but ordinary people can also make their own, there are many references that we can combine, to find out the development and trend of bitcoin in the future, but many people are lazy to do all that, so to make decisions based on small considerations.
I honestly believe that even how long you're here in crypto space and think that you know it all, but when it comes to bitcoin, no single person will be able to predict its future value correctly, and how it will end up as a currency and a good store of value. We all depend from its market supply and demand that help us come up with solid basis.

However, with bitcoin being the most dominant coin, good thing about it is it will never settle for a low value because it always aims to be the highest value in the market. So even series of dumps will come and affect the market, as long as you're into bitcoin, then you will still be in profits as long as you never sell it at a lower price.
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January 05, 2022, 11:47:26 AM
 #44

In my opinion, Bitcoin price movement is still down in early 2022 trading, where bitcoin is again touching the current $46,000 level. Although bitcoin had experienced a small recovery around the level of $47,961 the last four days or to be precise entering the year 2022. Therefore, I think the correction that occurs in the price of bitcoin will at least continue until the end of January before rising again to the level of $55k.

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January 05, 2022, 12:51:09 PM
 #45

In my opinion, Bitcoin price movement is still down in early 2022 trading, where bitcoin is again touching the current $46,000 level. Although bitcoin had experienced a small recovery around the level of $47,961 the last four days or to be precise entering the year 2022. Therefore, I think the correction that occurs in the price of bitcoin will at least continue until the end of January before rising again to the level of $55k.

Well before rising to $55k, remember that we need to break the next barrier of $50k first.

And that is the biggest mental barrier right now, as it seems that when we are about to break it, or at least reaches it, the price suddenly will go down as if people are cashing out very fast. And that is an indication that there are no holders for now except for few, and the majority is now speculators and trying to squeeze every profit when the price will rises even for a bit.

R


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January 05, 2022, 01:36:05 PM
 #46

In my opinion, Bitcoin price movement is still down in early 2022 trading, where bitcoin is again touching the current $46,000 level. Although bitcoin had experienced a small recovery around the level of $47,961 the last four days or to be precise entering the year 2022. Therefore, I think the correction that occurs in the price of bitcoin will at least continue until the end of January before rising again to the level of $55k.
Investors are not ready yet. Selling for the purpose of spending in the holidays and now they are just gaining back all that money.
I don't think this January will be a good month, I'd rather not expect too much. But the very least I want to look forward to is February. Let them recover first and soon all their savings will be back to Bitcoin.
The other thing I consider is if something bad occurs in the altcoin industry. That could make them switch back to the trusted coin which is none other than Bitcoin.
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January 05, 2022, 09:08:18 PM
 #47

In my opinion, Bitcoin price movement is still down in early 2022 trading, where bitcoin is again touching the current $46,000 level. Although bitcoin had experienced a small recovery around the level of $47,961 the last four days or to be precise entering the year 2022. Therefore, I think the correction that occurs in the price of bitcoin will at least continue until the end of January before rising again to the level of $55k.
Well before rising to $55k, remember that we need to break the next barrier of $50k first.

And that is the biggest mental barrier right now, as it seems that when we are about to break it, or at least reaches it, the price suddenly will go down as if people are cashing out very fast. And that is an indication that there are no holders for now except for few, and the majority is now speculators and trying to squeeze every profit when the price will rises even for a bit.
I do not think that it is a mental one, I feel like it is an ignored one and that's the biggest difference. If we are going to see the price go above 50k, then we should have people caring about it first. If people keep ignoring and not caring about it then how could we make a profit? If people were all trying, liquidity at high levels, volume at high levels, everyone is trading and yet we still end up losing money then I would definitely understand why people would say that there is a mental barrier there because people would be selling as soon as we moved above 50k.

However, the reality is that people do not care about the price all that much anymore, you know when they do it because you see the price rising super high, but when price is nearly stable as it is right now (been stuck at 45k to 50k for months) then you get the fact that people are not hopeful about higher prices or not expecting lower prices neither.
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January 06, 2022, 12:18:42 PM
 #48

The good move is very simple buy the dip and hold thats it ,but we need to be sure on our decisions because it is always hard to see when our investment goes down and down until we decide to quit and sell all our asset. So we need to set a time limit or how many years we are going to hold the coin to avoid lossing.
When you can know when the dip comes and start buying at the dip, that is simple. But for people who can not analyze deeply, this situation will make you panic as we do not expect the price will go down and touch $42k. But people who already bought at $43k or above can buy more bitcoin as this can be a big discount. But hopefully, this is just a normal correction as usual and in the next week, we will see another rise in bitcoin.

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January 06, 2022, 12:50:52 PM
 #49

The good move is very simple buy the dip and hold thats it ,but we need to be sure on our decisions because it is always hard to see when our investment goes down and down until we decide to quit and sell all our asset. So we need to set a time limit or how many years we are going to hold the coin to avoid lossing.

That requires patience because sometimes even if the price is dumping and you think you already bought the dip but what if it could dump further, sometimes an investor will panic when they see that kind of downtrend and that's the reason why they dump instead of holding the coins/s they bought and wait for the price to pump.

Like what is happening now, looks like we are heading to a price of bitcoin below $40k.

R


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January 06, 2022, 02:15:23 PM
 #50

The good move is very simple buy the dip and hold thats it ,but we need to be sure on our decisions because it is always hard to see when our investment goes down and down until we decide to quit and sell all our asset. So we need to set a time limit or how many years we are going to hold the coin to avoid lossing.
the theory sounds very simple but the application of the theory is quite complicated because no one knows when the bitcoin price will reach its true bottom. What often happens is when many people think bitcoin has hit its lowest price but instead the price continues to move downwards. The point is we have to be willing to take risks because being an investor in the crypto world is indeed filled with risks.

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January 06, 2022, 04:51:43 PM
 #51

In my opinion, Bitcoin price movement is still down in early 2022 trading, where bitcoin is again touching the current $46,000 level. Although bitcoin had experienced a small recovery around the level of $47,961 the last four days or to be precise entering the year 2022. Therefore, I think the correction that occurs in the price of bitcoin will at least continue until the end of January before rising again to the level of $55k.

Well before rising to $55k, remember that we need to break the next barrier of $50k first.

And that is the biggest mental barrier right now, as it seems that when we are about to break it, or at least reaches it, the price suddenly will go down as if people are cashing out very fast. And that is an indication that there are no holders for now except for few, and the majority is now speculators and trying to squeeze every profit when the price will rises even for a bit.
Psychological barriers are really important, for a long time the 20k barrier was this level that was impossible to break on the mind of investors, but once the price of bitcoin was able to do that and remain above it for some time the price of bitcoin went up at a significant speed, it seems to me that something similar is happening to the 50k barrier, and once it is broken people are going to get confident to invest in bitcoin again.
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January 06, 2022, 07:41:13 PM
 #52

Investors are not ready yet. Selling for the purpose of spending in the holidays and now they are just gaining back all that money.
I don't think this January will be a good month, I'd rather not expect too much. But the very least I want to look forward to is February. Let them recover first and soon all their savings will be back to Bitcoin.
The other thing I consider is if something bad occurs in the altcoin industry. That could make them switch back to the trusted coin which is none other than Bitcoin.
More investor now is exploring other projects like NFT and Metaverse we see how interesting crypto now as more on more projects are joining in crypto that able us to earn if we managed to use them rightfully. The market is too volatile but we need tonrisk whether we can earn in new ideas or stick to bitcoin until its price recover and make us in profit again.
People can try different investment if they see it worth it they will surely try it just like how famous the ICO before but now it's all gone then here comes the NFT. I'm sure this will be gone soon but who knows? Since I think their foundation is quite strong when link to something like games but I also believe that not every game would last long, unless if the community will continue to support the project.
I would rather stick more to Bitcoin than invest most of my money on a NFT project that eventually isn't profitable anymore.

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January 08, 2022, 06:02:56 AM
 #53

The good move is very simple buy the dip and hold thats it ,but we need to be sure on our decisions because it is always hard to see when our investment goes down and down until we decide to quit and sell all our asset. So we need to set a time limit or how many years we are going to hold the coin to avoid lossing.
not everyone can keep holding because there are others that only seeking profit to survive though this is not the best strategy for them and they should not invest in bitcoin if that is their strategy instead bet in altcoins.
If they are aiming for bitcoin only then they should be ready in keeping holding for at least a year or so because after halving season the dumping happens and usually this last 2-3 years again.
so by now we are in what we can call a bearish year and the net coming so be ready if you have no option of profiteering then best to get out of bitcoin and try other coins.









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michellee
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January 08, 2022, 10:53:20 AM
 #54

The good move is very simple buy the dip and hold thats it ,but we need to be sure on our decisions because it is always hard to see when our investment goes down and down until we decide to quit and sell all our asset. So we need to set a time limit or how many years we are going to hold the coin to avoid lossing.
not everyone can keep holding because there are others that only seeking profit to survive though this is not the best strategy for them and they should not invest in bitcoin if that is their strategy instead bet in altcoins.
If they are aiming for bitcoin only then they should be ready in keeping holding for at least a year or so because after halving season the dumping happens and usually this last 2-3 years again.
so by now we are in what we can call a bearish year and the net coming so be ready if you have no option of profiteering then best to get out of bitcoin and try other coins.
But trying other coins will not guarantee profit as many altcoins and tokens have the same experience as bitcoin. Maybe we can do now just wait for a while to see where bitcoin will go so we can know what we need to do. But investing in bitcoin will still be a good decision, especially for now because the price is down a lot, and the chance to see the price rise again will be wide open. Yes, we need to be sure with our decisions and that is why we must analyze before we decide.

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freedomgo
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January 09, 2022, 09:10:58 PM
 #55

The good move is very simple buy the dip and hold thats it ,but we need to be sure on our decisions because it is always hard to see when our investment goes down and down until we decide to quit and sell all our asset. So we need to set a time limit or how many years we are going to hold the coin to avoid lossing.
not everyone can keep holding because there are others that only seeking profit to survive though this is not the best strategy for them and they should not invest in bitcoin if that is their strategy instead bet in altcoins.
If they are aiming for bitcoin only then they should be ready in keeping holding for at least a year or so because after halving season the dumping happens and usually this last 2-3 years again.
so by now we are in what we can call a bearish year and the net coming so be ready if you have no option of profiteering then best to get out of bitcoin and try other coins.
But trying other coins will not guarantee profit as many altcoins and tokens have the same experience as bitcoin. Maybe we can do now just wait for a while to see where bitcoin will go so we can know what we need to do. But investing in bitcoin will still be a good decision, especially for now because the price is down a lot, and the chance to see the price rise again will be wide open. Yes, we need to be sure with our decisions and that is why we must analyze before we decide.
But if you stick on buying more bitcoin, do not hesitate to start doing it right now. Although there are still possibilities that bitcoin may fall deeper, but buying bitcoin at any value will still be profitable in the long run as long as you intend it to hold for a year or two. But when it comes to altcoins, you need to analyze first which coins you will probably be buying as most of the altcoins today are really dumping, but not all of them will recover so you need to be cautious also not to fall on wrong coins.

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Silberman
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January 09, 2022, 09:50:07 PM
 #56

The good move is very simple buy the dip and hold thats it ,but we need to be sure on our decisions because it is always hard to see when our investment goes down and down until we decide to quit and sell all our asset. So we need to set a time limit or how many years we are going to hold the coin to avoid lossing.
not everyone can keep holding because there are others that only seeking profit to survive though this is not the best strategy for them and they should not invest in bitcoin if that is their strategy instead bet in altcoins.
If they are aiming for bitcoin only then they should be ready in keeping holding for at least a year or so because after halving season the dumping happens and usually this last 2-3 years again.
so by now we are in what we can call a bearish year and the net coming so be ready if you have no option of profiteering then best to get out of bitcoin and try other coins.
But trying other coins will not guarantee profit as many altcoins and tokens have the same experience as bitcoin. Maybe we can do now just wait for a while to see where bitcoin will go so we can know what we need to do. But investing in bitcoin will still be a good decision, especially for now because the price is down a lot, and the chance to see the price rise again will be wide open. Yes, we need to be sure with our decisions and that is why we must analyze before we decide.
The issue is that many people do not realize the hidden dangers that present investing in altcoins, it is true that you can obtain more profits with them than what you can get with bitcoin, however the risk of losing your money with bitcoin if you hold your coins for a few years is almost zero, and the chances of bitcoin itself going to zero are incredibly low as well, but when it comes to altcoins this is not true, meaning that if you do not have a solid strategy whatever profits you got can be erased in a single day, and then if you do no act quickly and close your open positions then the losses can grow very rapidly.
Kemarit
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January 10, 2022, 01:54:24 AM
 #57

The good move is very simple buy the dip and hold thats it ,but we need to be sure on our decisions because it is always hard to see when our investment goes down and down until we decide to quit and sell all our asset. So we need to set a time limit or how many years we are going to hold the coin to avoid lossing.
not everyone can keep holding because there are others that only seeking profit to survive though this is not the best strategy for them and they should not invest in bitcoin if that is their strategy instead bet in altcoins.
If they are aiming for bitcoin only then they should be ready in keeping holding for at least a year or so because after halving season the dumping happens and usually this last 2-3 years again.
so by now we are in what we can call a bearish year and the net coming so be ready if you have no option of profiteering then best to get out of bitcoin and try other coins.
But trying other coins will not guarantee profit as many altcoins and tokens have the same experience as bitcoin. Maybe we can do now just wait for a while to see where bitcoin will go so we can know what we need to do. But investing in bitcoin will still be a good decision, especially for now because the price is down a lot, and the chance to see the price rise again will be wide open. Yes, we need to be sure with our decisions and that is why we must analyze before we decide.
The issue is that many people do not realize the hidden dangers that present investing in altcoins, it is true that you can obtain more profits with them than what you can get with bitcoin, however the risk of losing your money with bitcoin if you hold your coins for a few years is almost zero, and the chances of bitcoin itself going to zero are incredibly low as well, but when it comes to altcoins this is not true, meaning that if you do not have a solid strategy whatever profits you got can be erased in a single day, and then if you do no act quickly and close your open positions then the losses can grow very rapidly.

So it proves that altcoins is very volatile as compare to Bitcoin because your profits are going to be wipe out very quickly if you don't preserved them or believed that the price could grow parabolic.

As compare to Bitcoin wherein the fundamentals and technical analysis are very strong, although there could be ups and down but the price will remain "stable" as compare to those altcoins that you don't know where the price is going to be because it is prone to manipulation.

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Rimueng
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January 10, 2022, 05:54:06 PM
 #58

I think, Currently bitcoin is entering the accumulation phase. I see on the price chart that bitcoin is testing the price post auto-rally recently, to determine its strength highs as well as secondary tests. Besides that, I suspect the time span needed in this accumulation phase is faster than the previous Accumulation phase. therefore, only time will tell how the continuation of bitcoin price movements in the future.

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January 10, 2022, 06:42:05 PM
Merited by The Sceptical Chymist (4)
 #59

I think, Currently bitcoin is entering the accumulation phase.
Accumulation phase? That's great if you really want to collect more bitcoin during a downturn. Of course people who believe in the potential that bitcoin will achieve in the future will collect more bitcoin, but not everyone can do it because of limited capital. You can't really accumulate bitcoin if you don't have capital. Accumulation is also not only done when the price down, but if the goal of this investment is for the long term then someone will do it at any price.

I see on the price chart that bitcoin is testing the price post auto-rally recently, to determine its strength highs as well as secondary tests. Besides that, I suspect the time span needed in this accumulation phase is faster than the previous Accumulation phase. therefore, only time will tell how the continuation of bitcoin price movements in the future.
Today, after the price of bitcoin had dropped below $40K, now the recovery is fast. The market's response to holding price above $40K was so rapid that price did not fall further. Bitcoin price is currently bouncing back to $41K where there was a small pump from $39K to $42K. That's certainly good in the short term, but we expect something bigger in the long term.

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January 12, 2022, 10:17:23 PM
 #60

So it proves that altcoins is very volatile as compare to Bitcoin because your profits are going to be wipe out very quickly if you don't preserved them or believed that the price could grow parabolic.

As compare to Bitcoin wherein the fundamentals and technical analysis are very strong, although there could be ups and down but the price will remain "stable" as compare to those altcoins that you don't know where the price is going to be because it is prone to manipulation.
Basically, while the volatility of bitcoin is legendary the volatility of altcoins is even more extreme, after all I have seen altcoins literally disappearing as they go from a set price all the way to zero in a single day, and unless you are watching that coin very attentively by the time you react and sell your position on that coin then you will get massive losses, but people do not see this as they do not think something like that is ever going to happen to them.
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January 13, 2022, 06:27:19 AM
 #61

I think, Currently bitcoin is entering the accumulation phase.
Accumulation phase? That's great if you really want to collect more bitcoin during a downturn. Of course people who believe in the potential that bitcoin will achieve in the future will collect more bitcoin, but not everyone can do it because of limited capital. You can't really accumulate bitcoin if you don't have capital. Accumulation is also not only done when the price down, but if the goal of this investment is for the long term then someone will do it at any price.

I see on the price chart that bitcoin is testing the price post auto-rally recently, to determine its strength highs as well as secondary tests. Besides that, I suspect the time span needed in this accumulation phase is faster than the previous Accumulation phase. therefore, only time will tell how the continuation of bitcoin price movements in the future.
Today, after the price of bitcoin had dropped below $40K, now the recovery is fast. The market's response to holding price above $40K was so rapid that price did not fall further. Bitcoin price is currently bouncing back to $41K where there was a small pump from $39K to $42K. That's certainly good in the short term, but we expect something bigger in the long term.
Bitcoin price has already reached $43,803 so i think there is a strong momentum for bitcoin right now as its increasing rapidly. This is the good thing about bitcoin because even if a lot of us had predicted already that bitcoin will definitely enter a bearish season after this correction, but look at it where it is heading to? Although we are still unsure what will be the next move of bitcoin, but i'm happy to see that bitcoin is slowly recovering and this might be a good sign that we are heading into the bright side of the market.
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January 24, 2022, 10:35:44 AM
 #62

So it proves that altcoins is very volatile as compare to Bitcoin because your profits are going to be wipe out very quickly if you don't preserved them or believed that the price could grow parabolic.

As compare to Bitcoin wherein the fundamentals and technical analysis are very strong, although there could be ups and down but the price will remain "stable" as compare to those altcoins that you don't know where the price is going to be because it is prone to manipulation.
Basically, while the volatility of bitcoin is legendary the volatility of altcoins is even more extreme, after all I have seen altcoins literally disappearing as they go from a set price all the way to zero in a single day, and unless you are watching that coin very attentively by the time you react and sell your position on that coin then you will get massive losses, but people do not see this as they do not think something like that is ever going to happen to them.
this is the reason why we must need to use STOP/LOSS because this will hinder our funds to go more losses as the bot will help us settle specially in times that we are not in front of our trading platform.
and also i know it for a fact that Altcoin is being used by whales for manipulations as they can hardly do it with bitcoin because of very High price and capitalization .
just let Bitcoin be your long term investment and use your altcoin for short term or semi long term .

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January 28, 2022, 11:04:02 AM
 #63

The good move is very simple buy the dip and hold thats it
SIMPLE?how can this be Simple when you cannot find the perfect timing to know which is the DIP?

it is easy to say but harder to make it happen.

Quote
,but we need to be sure on our decisions because it is always hard to see when our investment goes down and down until we decide to quit and sell all our asset.
Never get Greedy because that will end up all your dreams if fails in your greediness.

Invest and expect small amount that is the safest.

Quote
So we need to set a time limit or how many years we are going to hold the coin to avoid lossing.
Set limit in Time? and set Limit in profit expectations , that will save your ass in investing .

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January 28, 2022, 05:06:24 PM
 #64

this is the reason why we must need to use STOP/LOSS because this will hinder our funds to go more losses as the bot will help us settle specially in times that we are not in front of our trading platform.
and also i know it for a fact that Altcoin is being used by whales for manipulations as they can hardly do it with bitcoin because of very High price and capitalization .
just let Bitcoin be your long term investment and use your altcoin for short term or semi long term .
Unfortunately if you use Stop/loss in a wrong way then it is going to stop your profits as well. There is no situation where you are going to end up with 100% perfect stop loss each time. Sometimes you sell and it drops more and you buy and you make a profit, but sometimes your stop loss gets triggered and then goes back up and that is how you lose money.

So, when you are using stop loss do not think of that as a sure fire way of making a profit or avoiding a loss. There are still some situations where you may end up with losing some money and that is why you should be always careful. I would say that even though stop loss was created so that you would not lose too much when you are not watching your trades, it would still be wise to check the prices frequent enough to make sure nothing is going wrong. That way you could let it do your work, but you could supervise it.
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March 13, 2022, 09:00:45 AM
 #65

I don't think anyone can predict one hundred percent, all we can do is analyze and know the fundamentals, what news influences its development and what factors influence its movement. Discipline and consistency are needed here if you want to be really successful in trading.

It's not the fundamentals that you have to analyze, it's more on the technical aspects of Bitcoin.

What is the current sentiments? are there any news affecting the market?

But yeah, for sure anyone knows that their is no 100% accurate in predicting the price, we all know for technical indicators and see the movement and anticipate what will be the likely next leg up/down of the market.

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March 13, 2022, 08:52:51 PM
 #66

I don't think anyone can predict one hundred percent, all we can do is analyze and know the fundamentals, what news influences its development and what factors influence its movement. Discipline and consistency are needed here if you want to be really successful in trading.
But even how good you are from analyzing its fundamentals and technical indicators, all you could end up are still wild guesses as bitcoin will always be unpredictable. There is no surer way to predict its market by consistently learning its moves every single day because that will motivate you to come up with educated guesses and will definitely lessen the risk from losing this market.

Crypto trading usually opens the doors to some serious risks if one does not know how to deal with these high volatility markets, so I always recommend being ready to take your profits from time to time. Because of the high volatility, bitcoin is one of the most speculative but potentially profitable markets out there and there are some great bitcoin trading opportunities for every kind of trader.

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March 14, 2022, 06:11:33 AM
 #67

I don't think anyone can predict one hundred percent, all we can do is analyze and know the fundamentals, what news influences its development and what factors influence its movement. Discipline and consistency are needed here if you want to be really successful in trading.
It's not the fundamentals that you have to analyze, it's more on the technical aspects of Bitcoin.

What is the current sentiments? are there any news affecting the market?

But yeah, for sure anyone knows that their is no 100% accurate in predicting the price, we all know for technical indicators and see the movement and anticipate what will be the likely next leg up/down of the market.
There is this two sided road when you are trading bitcoin. You either have to deal with the fact that it is going to be more about emotions of the people who buy and sell at that moment alone, not in a general sense but just for that period, or you have to deal with the data that you are given.

So, you could check the analysis, the charts and indicators to see what it "should" do and make a decision based on that. Or you could end up with seeing what everyone thinks and do your trading based on that. Both could be right at given time, one could be wrong while the other is right, or both could be wrong at the same time as well. All possibilities happened before.

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March 15, 2022, 09:25:25 AM
 #68

There is this two sided road when you are trading bitcoin. You either have to deal with the fact that it is going to be more about emotions of the people who buy and sell at that moment alone, not in a general sense but just for that period, or you have to deal with the data that you are given.

So, you could check the analysis, the charts and indicators to see what it "should" do and make a decision based on that. Or you could end up with seeing what everyone thinks and do your trading based on that. Both could be right at given time, one could be wrong while the other is right, or both could be wrong at the same time as well. All possibilities happened before.
I would guess that data also does provide what people think as well. I mean if there are no regulations on what we can buy or can't buy (which there isn't) then if we feel that it will go down more, then we sell, if we feel like it will go up more than we will buy which will impact the price right?

It means that if it is impacting the price that way, then why should we be worried that charts won't show that? Charts will show when the people had panic, and when they were hyped. This is just one way to look at the charts of course, it is not going to be like that forever but at the end, we are going to see that happen for sure.
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March 16, 2022, 03:58:40 AM
 #69

A marketcap that has almost reached $1 trillion will certainly make bitcoin's movement more stable, it can be said that it is impossible for anyone to do a dump and pump alone, what is happening with the current price is purely from the market so I'm not worried even though the price is red.

Perhaps gone are the days of pump and dump in bitcoin because the market is expanding. But there could  still be whales trying to influence the market, we can't take that into account.

Bitcoin price is really unpredictable, just in the last 24 hours we have such increased again and surpassing $40k, no one will have thought that we will get over it without any good news around so just be cautious again as this might be a trap.

R


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March 16, 2022, 10:37:22 PM
Last edit: June 12, 2023, 12:01:11 AM by STT
 #70

Variation is not a trap, its just volatility and part of its wide speculation still.   The overall action right now is bullish accumulation, its tested the 2 day and weekly averages and seems to breaking upwards, closing on the highs today would mean also trading above the 50 day average

Its had higher lows for most of this week, if it can just maintain that then it could prove positive for the whole week and develop further.

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March 16, 2022, 11:18:41 PM
 #71

Variation is not a trap, its just volatility and part of its wide speculation still.   The overall action right now is bullish accumulation, its tested the 2 day and weekly averages and seems to breaking upwards, closing on the highs today would mean also trading above the 50 day average

Its had higher lows for most of this week, if it can just maintain that then it could prove positive for the whole week and develop further.
Indeed we see the market is in the recovery phase, the price started to grow up but corrections are still somewhat inevitable. We may expect the market ends this week with great but can't still expect this to be going for the whole month. It is expected prices seem going to up on weekdays and drop during the weekend.

Yet, not to lose the confidence that the market will fully recover that huge drop despite the war. In fact, as we can see this never has a huge impact on the market, we instead see it increases.

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March 16, 2022, 11:33:14 PM
 #72

A marketcap that has almost reached $1 trillion will certainly make bitcoin's movement more stable, it can be said that it is impossible for anyone to do a dump and pump alone, what is happening with the current price is purely from the market so I'm not worried even though the price is red.

Perhaps gone are the days of pump and dump in bitcoin because the market is expanding. But there could  still be whales trying to influence the market, we can't take that into account.

Bitcoin price is really unpredictable, just in the last 24 hours we have such increased again and surpassing $40k, no one will have thought that we will get over it without any good news around so just be cautious again as this might be a trap.

Although I'm glad the Bitcoin price has increased suddenly, but like you said it's a little suspicious. Because there is no positive news circulating,
but it can make the price of Bitcoin rise to the price of $ 41k, it is possible that manipulation was carried out by whales. So we really should be
careful, don't be FOMO because of this increase, we must first monitor the movement of Bitcoin. Because previously the price of Bitcoin had often
gone above the $40k price, but it still failed to rise above the $45k price. We'll see if the current increase is the same as the previous Bitcoin increase,
or the current increase could make the Bitcoin price rise above $45k. If it turns out that the price of Bitcoin can rise above the price of $45k,
the chances of Bitcoin recovering are very high.

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March 17, 2022, 02:07:39 AM
 #73

Variation is not a trap, its just volatility and part of its wide speculation still.   The overall action right now is bullish accumulation, its tested the 2 day and weekly averages and seems to breaking upwards, closing on the highs today would mean also trading above the 50 day average

Its had higher lows for most of this week, if it can just maintain that then it could prove positive for the whole week and develop further.
Indeed we see the market is in the recovery phase, the price started to grow up but corrections are still somewhat inevitable. We may expect the market ends this week with great but can't still expect this to be going for the whole month. It is expected prices seem going to up on weekdays and drop during the weekend.

Yet, not to lose the confidence that the market will fully recover that huge drop despite the war. In fact, as we can see this never has a huge impact on the market, we instead see it increases.
While we can see the goodness in the support of crypto yet the prices are still low and we knew that this cannot be stable meaning that in many chances is that Bitcoin will maintain this position and will hard to make an advance .

specially that the war in Russia is continuing and this indications of economic problem from around the world as the OIL price continues to increase.

so lets hope and also pray that in the 2nd quarter we will see lights and at least great effect in the market of today.









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