Do people overestimate BTC?

[Alanaz]

I think so, people overestimate bitcoin, in the market today there are almost 17k coins and tokens but people always talk about bitcoin, I believe that bitcoin will soon be replaced so that it will make competition in the market even tougher.

I think both of them will happen this year We have seen a significant decline and many even say that it is currently in a bearish phase but on the other hand it is only a week in 2022 which means there are still 11 months left for 2022 so it's still enough long time to see bitcoin move.
whatever will happen I think this year will definitely be better than 2021 and maybe even this year we can see bitcoin $100k because it reflects from last year's decline which even reached $28k but bounced back to $60k - $70k. I think in the mirror from there the opportunity is still very wide open here

[tarable]

Patience must be prioritized because for me Bitcoin (BTC) will be able to reach that price this year. if Bitcoin has reached the price of $50K, of course other potential coins such as Ethereum, Binance Coin and other altcoins will definitely increase as well. that's the great thing about Bitcoin (BTC) being able to have a positive influence.

That's the reason it's worth holding the top 5 long-term altcoins because it will impact the positive trend of bitcoin, but currently the market is in a bearish trend so it takes time to buy altcoins in February to determine the actual market direction.

the market is in good shape to buy. look at the market today all altcoin prices are down by a high percentage ranging from Bitcoin, Ethereum, Binance Coin to other potential coins.
the positive trend will still be there, maybe the middle of the year.

[ahmia39]

Looks like the 1st month of the year is a bearish month. The fear of some is already here, bitcoin dumped below $40k and we don't know if it will continue to dump, if the market is bearish, then most likely the trend will continue as there will be a correction after a bull run we enjoyed. Keep that patience, buy the dip and hold when the market is not good, besides, these are just temporary.

I also saw that this was only temporary and I am still holding onto my assets to this day because I also don't want to be in a loss just because I panicked and couldn't wait, even though in the past I have used money in the right direction, and that's for sure I wouldn't just throw it away either.

[Emitdama]

Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

Yes, there are people that overestimate btc because they know what challenges btc have gone thru but there is also people that underestimates btc, these people think that btc cannot reach this xxxx amount anymore. Your in altcoin section so its normal that you do not see btc talks here but try to check out bitcoin discussion section regularly and you will say to your self that your wrong. Now that we are in a new year , the enthusiasm for btc to hit 100k got even more stronger.  Your wrong about your exception about altcoins, in fact some alts now are jumping while btc is falling. How much more when btc recovers?

[Fredomago]

Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible

it's all just expectations. And there's nothing wrong with them assuming 2x or 3x the current price. because yes it is possible. even the opposite is also expected to fall 2x or 3x from the current price because it is possible too. maybe nowadays people are more realistic with current prices.

It's an opinion and there's no problem with that, people who are optimistic are still buying even the price is dropping, most of them are taking these opportunities to store more coins, we don't know where the market is heading everything will be on your own perspectives. If you are not comfortable with what you are seeing right now, taking your cut-loss strategy may lessen the stress but if you are not afraid and you do believe that the market will bounce back, keep holding and forget about your investment for just a while.

Change in pace is very possible, Bitcoin behaviors are unpredicted we never know what's waiting in the near future.

It's all about your decision making when you are investing inside crypto in general..

[uneng]

On short run people really overestimate bitcoin, but on long run they are completely right, as we have seen since bitcoin was firstly launched. Adoption is constantly increasing and reaching to new levels every new year. That is a pretty good sign there is solidity and potential backing btc.

Actually, I must say you shouldn't be worried about people overestimating bitcoin, but with people underestimating it instead. Because this is the kind of negative influence which tries to persuade investors to exchange their bitcoins for random altcoins which they claim to be much superior in profitability, what we know isn't a good idea, since bitcoin drives the market and it is the safest bet to pick among all disponible cryptocurrencies.

[Drnice]

Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? 

Well, for me I will say the year is still fresh and this price range or correction Bitcoin is currently experiencing started from last year. Talking about the price of Bitcoin is not going to change what the market or the future of the market has in store. The price of Bitcoin will face an uptrend if reverse occurre from this correction, otherwise the market could be facing bloodbath and that will affect the entire market.

Also it seems like altcoins have no high chances again unless BTC do the impossible

The price of altcoins is always affected by bitcoin, either on an upward or downward price movement, this has been so over the years. I am well sure that new AHT for Bitcoin is still available for the year.

[romero121]

People overestimate the market when they're new to the market. This means when they hear it from someone else and make their first entry into cryptocurrency. Here the over exaggeration sometimes make people think beyond the market potential. Here some have turned successful, some loss out of the miscalculation.

In my view these are just price predictions. Some use technical elements to analyse the market whereas the people who doesn't have much about the technical features just does the prediction in a random manner.

[milewilda]

There has been a lot of talk about this a few days ago and it was thought that we might enter a new bull market in early 2022 but the current situation is far from it. However, if we review the past and present of BTC, it is not so difficult for 100K rising. I think since BTC dropped below 40K the chances have increased a lot. Maybe this year we will be able to enter the big bull market.

We couldnt really have everything because even how high the price could be then expecting something on beyond prices then this cant happen immediately thats why getting fomo'ed kind of emotion is really very common on this market on where you do really believe that it would be a smooth sail ride without even thinking about corrections and dips of prices which did really happen recently.
Mind off about those random ups and down and take advantage with those movements and make out profits with it even though its hard but it could really be done.
It is really just a matter of own realistic perception towards this market whether you do deal with it or ignore simply.

[Fredomago]

There has been a lot of talk about this a few days ago and it was thought that we might enter a new bull market in early 2022 but the current situation is far from it. However, if we review the past and present of BTC, it is not so difficult for 100K rising. I think since BTC dropped below 40K the chances have increased a lot. Maybe this year we will be able to enter the big bull market.

We couldnt really have everything because even how high the price could be then expecting something on beyond prices then this cant happen immediately thats why getting fomo'ed kind of emotion is really very common on this market on where you do really believe that it would be a smooth sail ride without even thinking about corrections and dips of prices which did really happen recently.
Mind off about those random ups and down and take advantage with those movements and make out profits with it even though its hard but it could really be done.
It is really just a matter of own realistic perception towards this market whether you do deal with it or ignore simply.

Your knowledge beyond this market value that much. The action that you will going to take will reflect to the outcome of your investment. To those who believes that they can continue benefiting even with these corrections will buy and take their chance to profits, while with those who don't know what they are doing inside this market will suffer and lose their money.

You have to pick your side and learn to adjust to every situation that you are seeing around,

Choosing your path will drive your investment, if you know deeper the chance is better..

[dunfida]

There has been a lot of talk about this a few days ago and it was thought that we might enter a new bull market in early 2022 but the current situation is far from it. However, if we review the past and present of BTC, it is not so difficult for 100K rising. I think since BTC dropped below 40K the chances have increased a lot. Maybe this year we will be able to enter the big bull market.

We couldnt really have everything because even how high the price could be then expecting something on beyond prices then this cant happen immediately thats why getting fomo'ed kind of emotion is really very common on this market on where you do really believe that it would be a smooth sail ride without even thinking about corrections and dips of prices which did really happen recently.
Mind off about those random ups and down and take advantage with those movements and make out profits with it even though its hard but it could really be done.
It is really just a matter of own realistic perception towards this market whether you do deal with it or ignore simply.

Your knowledge beyond this market value that much. The action that you will going to take will reflect to the outcome of your investment. To those who believes that they can continue benefiting even with these corrections will buy and take their chance to profits, while with those who don't know what they are doing inside this market will suffer and lose their money.

You have to pick your side and learn to adjust to every situation that you are seeing around,

Choosing your path will drive your investment, if you know deeper the chance is better..

This is why you should really need to take risks and move according to your goals and targets because you wouldnt really able to achieve something if you dont really persevere on reaching into something.

Of course you would really be needing that kind of knowledge and experience for you to sustain on this market even though its hard but doesnt mean that it is impossible for you to do so.

You are the ones who do make your own path to your own future and if you dont make out some movement then you arent that progressing or achieving something.

[lalabotax]

Now that we are in 2022 is 100k per BTC still possible?

Why not? Of course, it is always possible. Who knows the highest BTC price this year? As long as there is a good demand in BTC, the price has a chance to jump again. Besides we hear bad news about crypto ban in Russia, there was also good news such as El Salvador continues buying BTC and maybe other good news from USA government in the near future.

It seems no one is talking about this price anymore

You are wrong. There are still many people discussing the possibility of $100k. People discuss not only in this forum, but they can also discuss it anywhere, especially on social media. If you don't see any new threads about $100k BTC, it is because we already have many of them.

[ahmia39]

You are wrong. There are still many people discussing the possibility of $100k. People discuss not only in this forum, but they can also discuss it anywhere, especially on social media. If you don't see any new threads about $100k BTC, it is because we already have many of them.

It's still a long time for Bitcoin to be at $100K because that's a huge value for Bitcoin even though everyone no longer doubts the potential that Bitcoin has so wants to have a discussion about it anywhere, and I think that's a very reasonable thing also to be discussed although it still takes a long time.

[aruldaroy]

Looks like the 1st month of the year is a bearish month. The fear of some is already here, bitcoin dumped below $40k and we don't know if it will continue to dump, if the market is bearish, then most likely the trend will continue as there will be a correction after a bull run we enjoyed. Keep that patience, buy the dip and hold when the market is not good, besides, these are just temporary.

I also saw that this was only temporary and I am still holding onto my assets to this day because I also don't want to be in a loss just because I panicked and couldn't wait, even though in the past I have used money in the right direction, and that's for sure I wouldn't just throw it away either.

I also still maintain it until now and do not want to waste money just like that because I believe when everything returns to normal, our profits will also be there.
Until now I have not panicked and am still patient even though now many of them have panicked.

[Reatim]

People overestimate the market when they're new to the market. This means when they hear it from someone else and make their first entry into cryptocurrency. Here the over exaggeration sometimes make people think beyond the market potential. Here some have turned successful, some loss out of the miscalculation.

it is because that is how they being lured here, to earn or becoming rich overnight and that is the reason why there are so many of us knows how to earn and lose.

In my view these are just price predictions. Some use technical elements to analyse the market whereas the people who doesn't have much about the technical features just does the prediction in a random manner.

people will do anything just to let others believe even they have no big idea of what really the trend of market.

so Speculative or analyzation both are not bringing sure outcome .

[tarable]

Looks like the 1st month of the year is a bearish month. The fear of some is already here, bitcoin dumped below $40k and we don't know if it will continue to dump, if the market is bearish, then most likely the trend will continue as there will be a correction after a bull run we enjoyed. Keep that patience, buy the dip and hold when the market is not good, besides, these are just temporary.

I also saw that this was only temporary and I am still holding onto my assets to this day because I also don't want to be in a loss just because I panicked and couldn't wait, even though in the past I have used money in the right direction, and that's for sure I wouldn't just throw it away either.

I also still maintain it until now and do not want to waste money just like that because I believe when everything returns to normal, our profits will also be there.
Until now I have not panicked and am still patient even though now many of them have panicked.

all will return to normal and this is a common situation in the course of the market. there's no way the graphics are improving and in good shape. There are times when everything can change in an instant. it is possible that once this is over, BTC will hit a new ATH again this year.

[Hypnosis00]

Looks like the 1st month of the year is a bearish month. The fear of some is already here, bitcoin dumped below $40k and we don't know if it will continue to dump, if the market is bearish, then most likely the trend will continue as there will be a correction after a bull run we enjoyed. Keep that patience, buy the dip and hold when the market is not good, besides, these are just temporary.

I also saw that this was only temporary and I am still holding onto my assets to this day because I also don't want to be in a loss just because I panicked and couldn't wait, even though in the past I have used money in the right direction, and that's for sure I wouldn't just throw it away either.

I also still maintain it until now and do not want to waste money just like that because I believe when everything returns to normal, our profits will also be there.
Until now I have not panicked and am still patient even though now many of them have panicked.

all will return to normal and this is a common situation in the course of the market. there's no way the graphics are improving and in good shape. There are times when everything can change in an instant. it is possible that once this is over, BTC will hit a new ATH again this year.

Kinda be understandable that the market is not manipulated that most people think of it. We're getting back slowly and I think this will be the mark for another big market rally.

I'd certainly look for that moment but in the meantime, buying more Bitcoin is the best thing to do while the price is still low. For those who are planning to invest crypto, this could be the right moment. We neither have to miss this opportunity as there is no coming back.

[Viscore]

Looks like the 1st month of the year is a bearish month. The fear of some is already here, bitcoin dumped below $40k and we don't know if it will continue to dump, if the market is bearish, then most likely the trend will continue as there will be a correction after a bull run we enjoyed. Keep that patience, buy the dip and hold when the market is not good, besides, these are just temporary.

I also saw that this was only temporary and I am still holding onto my assets to this day because I also don't want to be in a loss just because I panicked and couldn't wait, even though in the past I have used money in the right direction, and that's for sure I wouldn't just throw it away either.

I also still maintain it until now and do not want to waste money just like that because I believe when everything returns to normal, our profits will also be there.
Until now I have not panicked and am still patient even though now many of them have panicked.

all will return to normal and this is a common situation in the course of the market. there's no way the graphics are improving and in good shape. There are times when everything can change in an instant. it is possible that once this is over, BTC will hit a new ATH again this year.

Kinda be understandable that the market is not manipulated that most people think of it. We're getting back slowly and I think this will be the mark for another big market rally.

I'd certainly look for that moment but in the meantime, buying more Bitcoin is the best thing to do while the price is still low. For those who are planning to invest crypto, this could be the right moment. We neither have to miss this opportunity as there is no coming back.

No matter if crypto is going up or down the best thing you can do for yourself is to invest more and spend less.Just do something that will earn your money while you sleep,no matter how little it is.
Bear markets will not last for a long time. Just hold on and everything will be back to normal.

[STT]

People underestimate the volatility of BTC thats the problem, it means highs are greater then expected and also these giant waves recede also far more then expected.    If anything that makes 100k more likely then we realize because the amplitude of the waves is larger then most would estimate.

[ahmia39]

I also still maintain it until now and do not want to waste money just like that because I believe when everything returns to normal, our profits will also be there.
Until now I have not panicked and am still patient even though now many of them have panicked.

Don't look at other people's panic as a guideline or other reason so that you yourself will panic later, because as long as you don't panic and continue to be patient to the maximum in every market condition, then you will be safe and get the profits as expected.