Will Bitcoin collapse or mature?

[sana54210]

The basic concept of investing is to buy when the price drops, but if you want to make a long-term investment, I think bitcoin can be done at any price, because actually bitcoin is a coin that will never die, but considerations in buying must also be balanced from the results obtained. For example bitcoin, in the short term we have to wait for the correction to make a purchase, while in the long term it is no longer valid, but the most important thing is that every moment is an opportunity that we must be able to maximize, so that the investment can generate big profits for us.

Even though I am a long term holder, I still try to keep it a bit more on the side of caution as long as I could, like I do try to buy it when the dropping stops if there is a drop, I would buy today, but not like first 5 days of the year when it was still dropping. All in all long term investment is easy, you just buy and forget.

The part where you buy low is the hard part, in long term we do not care about it but in short term you buy low or you buy at a price when you think it is low and it could still go lower. This is why people use DCA, dollar cost averaging, you could still buy more and more in the long run and keep dropping your purchasing price so you could profit better.

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[ethereumhunter]

With the situation I am seeing, it's bound to lose further value in the upcoming days/weeks. The whole economic situation isn't too promising, everything is going through recession, while Covid isn't helping at all. From my point of view, March may sound too optimistic, however, I also anticipate that the entire situation will have improved by then, providing that nothing unexpected appears, such as a new Covid-19 variant.

It's quite sad seeing our money depreciating, but hopefully it will get better soon.

In the newspaper or online media, we already see a new variant of Covid-19 such as Omicron or else (I forget the name) which still attack people in some countries. But hopefully, the impact will not be too big like the previous variant because we already get vaccinated and will get a booster to support our immune. So hopefully, that will not impact too much with the economy of many countries. We need to be optimistic that crypto can help us survive by making money.

The current conditions give us the opportunity to buy some bitcoins, and actually we expect bitcoins to drop even more, to make purchases, but I don't believe in the future bitcoin will fall too sharply at subpar prices, considering as I said before, In March bitcoin will reach its maximum price. Whatever happens, at least we can take big profits from this investment, otherwise, any condition will not affect our investment.

Yes, we already had that chance before and if we can buy bitcoin a few hours ago, we can sell it now and make a decent profit. It will help us make money and repeat the process to make more money. But we can also just invest by holding the bitcoin and not sell it in the short term if the price does not jump to the very highest price.

[wxa7115]

There's no reason why bitcoin will collapse at the present or in the future as its even gaining higher value every year. The current dump is part of the cycle and its always expected after reaching an all time high or before reaching its new peak. I guess those who believed that bitcoin will collapse are more focus on the current events without even knowing that this has happened a lot of times in the past years but still, bitcoin withstand it all and is even seen in a much higher value after a long dump.

There are some people who confuse the situation of a crash and a drop versus collapse. Crash is when the price goes down 50% or so, it needs to be huge, it needs to really disturb the market and we had that in 2021 when price moved from 64k to under 30k at some point and we recovered after that but still it happened.

Correction or drop is when the price goes lower like this, it is only like 10%, you could say 15% or even 20% and it will still not be a huge deal. Whereas collapse is when the price really goes down a lot, like I mean really a lot and that is when we are talking about something that is dangerously low, like maybe even zero which will never happen if you ask me. This is why I believe people should learn the difference between them.

What happens is that people are trying to use stock market standards in the market of cryptocurrencies without taking into account this market is way more volatile.

For example if there was a 10% drop in the stock market in a single day it would be a news that will reach every single corner of the world in a heartbeat, however bitcoin going down that much in a single day is barely worth to worry over it for those that have been in this market for a long time and have seen bitcoin moving like that over and over again.

[Oilacris]

There's no reason why bitcoin will collapse at the present or in the future as its even gaining higher value every year. The current dump is part of the cycle and its always expected after reaching an all time high or before reaching its new peak. I guess those who believed that bitcoin will collapse are more focus on the current events without even knowing that this has happened a lot of times in the past years but still, bitcoin withstand it all and is even seen in a much higher value after a long dump.

There are some people who confuse the situation of a crash and a drop versus collapse. Crash is when the price goes down 50% or so, it needs to be huge, it needs to really disturb the market and we had that in 2021 when price moved from 64k to under 30k at some point and we recovered after that but still it happened.

Correction or drop is when the price goes lower like this, it is only like 10%, you could say 15% or even 20% and it will still not be a huge deal. Whereas collapse is when the price really goes down a lot, like I mean really a lot and that is when we are talking about something that is dangerously low, like maybe even zero which will never happen if you ask me. This is why I believe people should learn the difference between them.

What happens is that people are trying to use stock market standards in the market of cryptocurrencies without taking into account this market is way more volatile.

For example if there was a 10% drop in the stock market in a single day it would be a news that will reach every single corner of the world in a heartbeat, however bitcoin going down that much in a single day is barely worth to worry over it for those that have been in this market for a long time and have seen bitcoin moving like that over and over again.

When stocks/forex drops down 10% in a day then it would really make out some significant noise since this one isnt something that you could see on a low volatile market and if you do compare out

on bitcoin or crypto space on which there's some 30-50% drop then for sure it would make out some noise too.You should really be considerate on what numbers you are trying out to compare.
Speaking of collapse or maturity then we arent blind on not to see about adoption is getting bigger.

Lots of companies and personalities now are aware but not on full scale but we are really heading there.

[TimeTeller]

There's no reason why bitcoin will collapse at the present or in the future as its even gaining higher value every year. The current dump is part of the cycle and its always expected after reaching an all time high or before reaching its new peak. I guess those who believed that bitcoin will collapse are more focus on the current events without even knowing that this has happened a lot of times in the past years but still, bitcoin withstand it all and is even seen in a much higher value after a long dump.

There are some people who confuse the situation of a crash and a drop versus collapse. Crash is when the price goes down 50% or so, it needs to be huge, it needs to really disturb the market and we had that in 2021 when price moved from 64k to under 30k at some point and we recovered after that but still it happened.

Correction or drop is when the price goes lower like this, it is only like 10%, you could say 15% or even 20% and it will still not be a huge deal. Whereas collapse is when the price really goes down a lot, like I mean really a lot and that is when we are talking about something that is dangerously low, like maybe even zero which will never happen if you ask me. This is why I believe people should learn the difference between them.

What happens is that people are trying to use stock market standards in the market of cryptocurrencies without taking into account this market is way more volatile.

For example if there was a 10% drop in the stock market in a single day it would be a news that will reach every single corner of the world in a heartbeat, however bitcoin going down that much in a single day is barely worth to worry over it for those that have been in this market for a long time and have seen bitcoin moving like that over and over again.

The use of the term collapse here is somewhat strong for btc.
You are right that here in this market, we have seen countless times of up and down movement.
With more than a decade of existence in the market, I believe we are heading more in the maturity side rather than the collapse situation.
Just consider the companies and merchants that are already in this market. And day by day, the users are increasing in number.
We may see the up and down movement, which is pretty normal, but collapse? I don't think so.

[Epaper]

In my opinion, bitcoin will mature in the future. although recently bitcoin continues to experience a price correction of 5%-10%, but I believe and believe that in the future bitcoin will continue to record the highest price again. not only that, if in the future bitcoin matures and there is an increase in value, usefulness, lifespan and trustworthiness, its behavior will not be like stocks. Bitcoin will be more like gold as a store of value.

[jaberwock]

The use of the term collapse here is somewhat strong for btc.
You are right that here in this market, we have seen countless times of up and down movement.
With more than a decade of existence in the market, I believe we are heading more in the maturity side rather than the collapse situation.
Just consider the companies and merchants that are already in this market. And day by day, the users are increasing in number.
We may see the up and down movement, which is pretty normal, but collapse? I don't think so.

That is basically just people trying to get attention basically. When you watched a movie and checked the reviews, let's assume you just found it okay, it is not a horrible movie, it is not the best movie, it is decent, you could see it getting to like 100-200 million dollars box office range, which doesn't say much but at least it is not horrible. Whenever you check reviews for those, you will see that some people would say it is a Cult and it will be understood years later, and some people will say it is a horrible movie and you should never go see it and "waste your money" for it.

This is the same thing, if people write "meh, it will be fine, not a big drop" then nobody would read it or talk to you or reply to you, but if you say it is a collapse and a horrible situation we are in, as if we are 10k right now, then people will react to you.

[Rimueng]

Not everyone is sure of the future of bitcoin, whether it will collapse or mature further. Some experts even argue that bitcoin may lose its value someday. But I see in the future bitcoin will be more mature and bitcoin price will continue to be stable if widely supported by the government.

[beezee]

Not everyone is sure of the future of bitcoin, whether it will collapse or mature further. Some experts even argue that bitcoin may lose its value someday. But I see in the future bitcoin will be more mature and bitcoin price will continue to be stable if widely supported by the government.

not only that friends, now we have entered the digital era and I believe bitcoin will mature because I believe bitcoin will also be used in the metavers project. I am very confident!

[ranaprime]

I don't think Bitcoin  doesn't collapses even though the price goes down a lot. If we look at the previous price of Bitcoin, it is still higher. As the passing of days, Bitcoin will also rise up. This is as usual. Because the demand will increase day by day but bitcoins are limited.

[Wawa2013]

In my opinion, bitcoin will mature in the future. although recently bitcoin continues to experience a price correction of 5%-10%, but I believe and believe that in the future bitcoin will continue to record the highest price again. not only that, if in the future bitcoin matures and there is an increase in value, usefulness, lifespan and trustworthiness, its behavior will not be like stocks. Bitcoin will be more like gold as a store of value.

Bitcoin does often experience a decline in price, but it does not make Bitcoin collapse. Because no matter how deep the Bitcoin price declines,
the Bitcoin price can always recover and rise even higher. This means that the decline in the price of Bitcoin makes Bitcoin more mature, so there is
no need to panic if we see the market is experiencing a price decline. After all, Bitcoin has experienced a deeper dump before than it is now,
then we have to believe Bitcoin can recover soon and the price can go up again. If we look at the increasing demand for Bitcoin, I believe Bitcoin
this year will again break new records by reaching new ATH. Even Bitcoin is better than other assets, so investing in Bitcoin will indeed provide
many benefits. So there is no need to doubt the future of Bitcoin, for those who have confidence in the future of Bitcoin, it will generate large profits
from Bitcoin.

[jamkesmas]

By looking at the current strength of bitcoin, I think bitcoin is getting stronger by the day. and by looking at the enthusiasm of the community, especially young people, with the large number of investing in the crypto world, specifically bitcoin, it is an important thing in bitcoin's future growth. as long as countries don't mess with bitcoin, I'm sure bitcoin will be great.

[molsewid]

By looking at the current strength of bitcoin, I think bitcoin is getting stronger by the day. and by looking at the enthusiasm of the community, especially young people, with the large number of investing in the crypto world, specifically bitcoin, it is an important thing in bitcoin's future growth. as long as countries don't mess with bitcoin, I'm sure bitcoin will be great.

I am very optimistic that bitcoin will become stronger than it was before and the community of bitcoin will are a true believer of this platform and that was make the platform even stronger. And to be honest the community is the reason why the bitcoin is a mature platform and I can say that bitcoin will not going to collapse that easily because the community is the support system that make it stronger. Bitcoin will continue to grow and be great and the community is the reason why the market will continue to grow and make it stronger.

[aranacj]

For my own view, it will definitely mature.

To those guys that said it doesn't have a value so as the fiat. Nothing actually
backs our currency whether it is fiat or digital currencies aside from trust of
the people who are using those assets.

Actually, in overall view nothing in the world has a value. Something will only have its value if people use it and trust it.
so those 2 guys who said bitcoin doesn't have a value doesn't matter at all because majority of
people exposed in digital currencies trust and believes that Bitcoin has a value.

Nobody needs to explain to those 2 guys what is Bitcoin at all. let them be like that.

[Zilon]

It's wiser to avoid some speculation the year is still too young. We all expect a massive turn up for Bitcoin this year but having such a high hope could be too risky if that would be a criteria for investment. It's too obvious Bitcoin will definitely get matured again but using it as a speculation to invest could be detrimental seeing how high price has gone in the last year

[Ultegra134]

It's wiser to avoid some speculation the year is still too young. We all expect a massive turn up for Bitcoin this year but having such a high hope could be too risky if that would be a criteria for investment. It's too obvious Bitcoin will definitely get matured again but using it as a speculation to invest could be detrimental seeing how high price has gone in the last year

That's my point as well, I'm not paying attention to any kind of speculation, it's not worth it and in the end, they might even cloud your judgement. I'm not dissatisfied with Bitcoin's price, even now, it's still higher than it was last year, I can still make profit despite the lower prices. Price volatility is a common thing, expecting it to always rise is wrong and in my opinion, pointless.

[Oilacris]

It's wiser to avoid some speculation the year is still too young. We all expect a massive turn up for Bitcoin this year but having such a high hope could be too risky if that would be a criteria for investment. It's too obvious Bitcoin will definitely get matured again but using it as a speculation to invest could be detrimental seeing how high price has gone in the last year

That's my point as well, I'm not paying attention to any kind of speculation, it's not worth it and in the end, they might even cloud your judgement. I'm not dissatisfied with Bitcoin's price, even now, it's still higher than it was last year, I can still make profit despite the lower prices. Price volatility is a common thing, expecting it to always rise is wrong and in my opinion, pointless.

Really pointless indeed on being a fan on listening out others calls in terms of price prediction on which the fact you could really make your own and wont tend to listen out on others speculation.

Collapse or mature it doesnt matter because if we do look upon on the current state of Bitcoin it is really progressive and the recognition that it gets do really make out
improvement and we cant really deny that.

For now lets just see on how far it would go.

[TheGreatPython]

Collapse or mature it doesnt matter because if we do look upon on the current state of Bitcoin it is really progressive and the recognition that it gets do really make out improvement and we cant really deny that.

It is progressing but failing to break the resistance and more preciously we can say that current bitcoin market is into sideways movement between support levels around $41k levels and resistance around $45k levels. This might lead the market to have similar up and down for 2 more times as well before we are seeing any significant progress. But, the good thing is, usually after a sideways movement do progress in upside.

So, we can assume that bitcoin market is not going to collapse both in long run and in short run. We may or may not have bullish trend this year but we will not have another 80% bearish market this time for sure.

[Kemarit]

It's wiser to avoid some speculation the year is still too young. We all expect a massive turn up for Bitcoin this year but having such a high hope could be too risky if that would be a criteria for investment. It's too obvious Bitcoin will definitely get matured again but using it as a speculation to invest could be detrimental seeing how high price has gone in the last year

Well we can give our own speculation, but don't expect too much so that we will not be disappointed in the end. Just like last year when everyone is talking about a $100,000 price at the end of 2021 which didn't happen.

So this year, let's say we have our own conservative estimates, but not too high that it will not be hit because of the current market conditions.

[Yamifoud]

It's wiser to avoid some speculation the year is still too young. We all expect a massive turn up for Bitcoin this year but having such a high hope could be too risky if that would be a criteria for investment. It's too obvious Bitcoin will definitely get matured again but using it as a speculation to invest could be detrimental seeing how high price has gone in the last year

Well we can give our own speculation, but don't expect too much so that we will not be disappointed in the end. Just like last year when everyone is talking about a $100,000 price at the end of 2021 which didn't happen.

So this year, let's say we have our own conservative estimates, but not too high that it will not be hit because of the current market conditions.

Bitcoin will become mature soon, but I'd never think it collapses, that is probably its destiny. Once we hit the peak of its adoption, that will be the time we called it matured enough. However, people will still give value to Bitcoin as it was important to our life, it can be obvious, and we still consider this as a money generator than being a currency.
In fact, as we can see in the market situation, it is on the way to growing and gaining more resistance. The more we got this thing, the more we get confidence that this will have a fortune but as you've said, never expect much. Yeah, eventually right.