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Author Topic: Will the price of bitcoin rise again?  (Read 1167 times)
justdimin
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August 23, 2022, 05:50:21 AM
 #41

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
The point of shitcoins losing a lot is the fact that there are too many whales who own a lot of it, and too many retail investors who have even more. Meaning, when 1 person has 10%, and the other 90% is owned equally 1% by 90 people, that still is a big trouble, sure 90% is bigger than 10%, but that 1 person could make it go down if they end up selling all at once, and the other 90 will get hurt.

This is how they are working on it and making it be a bad investment. Bitcoin is not like that and even the mt.gox deal which is a huge one could make it go down, it doesn't really end up making it go down too much which is why I believe it's fine and you can trust it.

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August 23, 2022, 07:14:13 AM
 #42

But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
For starters, we aren't yet in a bull market. The entire market is still in a bearish mood. Nobody needs to be told once Bitcoin turns bullish. The sign is an obvious one when it happens as price easily spikes. I call what we've now a range as price has continued to trade within a certain range. As for the question in the title, yes Bitcoin will definitely rise again. It will surpass its last time ATH in this upcoming bull rally when that happens. I talk from experience.

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August 23, 2022, 09:25:09 AM
 #43

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
sorry but this is a overstatement mate because there is no Bullmarket happening these days mate instead there are small increase that comes along the way and now again bear  has on its place and making the market bloody day.
I'm sure the market will rise again, the problem is whether we are patient to wait and buy when the price is cheap like now? Currently I continue to buy bitcoin and I will make a long -term investment, I'm sure the price of Bitcoin can reach $ 100K in 3 years or less.
good luck for you mate because that is one of the best decision you ever made as the price may or may not increase any moment now.

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August 23, 2022, 11:37:29 AM
 #44

Bitcoin always has great potential for rising again, this is common, so when there is a correction like today then we can use it to buy, I'm sure if we buy now and hold for at least a week then we can get at least 10% profit. it all depends on optimism and by the time it was $21k I had already bought about $1400.
I'm not quite sure why this question has been asked by OP knowing the fact that Bitcoin will have the potential. In fact, for several times that we are in a market struggle, we still see Bitcoin stand strong and recovered.

Well, it was a smart idea to take this moment of buying more and hold. We already know and we are aware of the coming situation that the price went high, the market rises again just like in the past days.

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August 23, 2022, 11:54:26 AM
 #45

Bitcoin always has great potential for rising again, this is common, so when there is a correction like today then we can use it to buy, I'm sure if we buy now and hold for at least a week then we can get at least 10% profit. it all depends on optimism and by the time it was $21k I had already bought about $1400.
I'm not quite sure why this question has been asked by OP knowing the fact that Bitcoin will have the potential. In fact, for several times that we are in a market struggle, we still see Bitcoin stand strong and recovered.

Well, it was a smart idea to take this moment of buying more and hold. We already know and we are aware of the coming situation that the price went high, the market rises again just like in the past days.

If anyone doubts Bitcoin will rise again, it means that he or she has not studied the crypto world properly. Because if we study the crypto world
correctly and from a trusted source, there will be no doubt that Bitcoin will recover and will reach new ATH in the future. So when a bear market
like now, where the price of Bitcoin is at a very low price, indeed we should focus on collecting as much Bitcoin as possible. Moreover, based on
the history of previous Bitcoin movements, every Bitcoin halving occurs after that the Bitcoin price always pumps. This means that in 2025 Bitcoin
will pump very high and reach the new ATH price. That's why after buying Bitcoin we have to be patient holding Bitcoin at least until 2025, if we can
do that, we will get a big profit.

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August 24, 2022, 08:29:05 PM
 #46

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
No dude, the bear market didn't start few days ago but it started ever since last year, specifically on the month of December if my memory serves me correctly. Obviously when there is a bear market the price of btc and all the cryptos will then go down to an extremely low level. As of the current moment we are still in a bear market.

You know when it was bull market already when all the cryptos are pumping high, and exceeding their last all time highs. There was a small increase that is felt in bitcoin last week where its price rose up to 24k but unfortunately it decrease again down to 21k. I really don't know the reason why but don't worry, this soon all shall pass.

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August 24, 2022, 09:47:31 PM
 #47

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
No dude, the bear market didn't start few days ago but it started ever since last year, specifically on the month of December if my memory serves me correctly. Obviously when there is a bear market the price of btc and all the cryptos will then go down to an extremely low level. As of the current moment we are still in a bear market.

Right, maybe he is really confused when the price nosedive currently, but we have seen it since December last year, the start of the decline and the bear cycle.

You know when it was bull market already when all the cryptos are pumping high, and exceeding their last all time highs. There was a small increase that is felt in bitcoin last week where its price rose up to 24k but unfortunately it decrease again down to 21k. I really don't know the reason why but don't worry, this soon all shall pass.

Again, he may not have seen it before or this is when the OP enter the picture, a bull run and he thought that the price will go on a continues rise. The good news is that the dip has stop for now, and we could be entering at least $22k in this recovery. It's hard to know the reason, what's important is that the bleeding has stop.

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August 24, 2022, 10:35:14 PM
 #48

Well, it was a regret of not believing the potential of Bitcoin and ignoring the chance to buy this at this current price. I know that some people like the OP are thinking negatively about Bitcoin but I encourage you to open your eyes and see the gaining potential of this project. And I encourage you as well to just also listen to people who say positive things towards crypto in order for you to have some basis and to weigh which one is telling the truth and whos not.

And one last thing is to consider the market history for this will exactly tell you what really happens in the past before you come in crypto.

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August 24, 2022, 10:54:06 PM
 #49

I'm sure the market will rise again, the problem is whether we are patient to wait and buy when the price is cheap like now? Currently I continue to buy bitcoin and I will make a long -term investment, I'm sure the price of Bitcoin can reach $ 100K in 3 years or less.
Buying now and holding on for a long time is indeed the best option. But I'm not sure you'll hold Bitcoin for a long time for $100K, because by the time you've earned more than double or triple your current investment capital. There must be an intention in your heart to sell it into the market before the $100K price is reached on Bitcoin. So you no longer have the Bitcoins that you had stored for a long time when the price was already at $100k, unless you bought it again at a higher price than now.

If we buy bitcoin now and sell them when they reach $100k then we get x5 profit. I think achieving that is not difficult, why not? We have seen how bitcoin fall and rise in price after all these years and for those who can hold from 2016 2017 till now they still haven't sold their bitcoins even they have increased their bitcoin accumulation, there's no reason we can't wait for x5 price right now.

Bitcoin is a long term investment and bitcoin always grows in the long term so the longer you hold it the bigger the returns so there is no reason to stop unless you need the money for some work unexpected or you have achieved your goal.

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August 25, 2022, 04:14:24 AM
 #50

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
No dude, the bear market didn't start few days ago but it started ever since last year, specifically on the month of December if my memory serves me correctly. Obviously when there is a bear market the price of btc and all the cryptos will then go down to an extremely low level. As of the current moment we are still in a bear market.

You know when it was bull market already when all the cryptos are pumping high, and exceeding their last all time highs. There was a small increase that is felt in bitcoin last week where its price rose up to 24k but unfortunately it decrease again down to 21k. I really don't know the reason why but don't worry, this soon all shall pass.
The OP created their account on April of this year so it is unlikely they took the time to watch what the market did in the past, as unbelievably as this may sound, so for them the recent decrease in the price is a bear market even if for us which have been here for much longer know the bear market began on the last months of the previous year, so in a way it is not surprising to see why the OP does not know that even if the bear market can be intense at some point bitcoin will recover and a new ATH will be reached.
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August 25, 2022, 10:02:16 AM
 #51

Bitcoin always has great potential for rising again, this is common, so when there is a correction like today then we can use it to buy, I'm sure if we buy now and hold for at least a week then we can get at least 10% profit. it all depends on optimism and by the time it was $21k I had already bought about $1400.
Maybe if your strategy is to make a profit in the short term, it can work because looking at the current movement of bitcoin, it is possible.
And if you can profit that way and repeat it several times, your profits will be greater.
I hope you don't panic and can be patient because the price is still at $21k and there is no sign of the bitcoin price going up again.
And if indeed the price has not been able to increase in the short term, maybe you should hold on to it until it can increase, which will likely happen in the medium term.
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August 25, 2022, 05:17:42 PM
 #52

oh of course Bitcoin will rise again, it's just that we have to stay away from the word recession!
this is what makes crypto currencies decline, including bitcoin, if the world is normal, I'm sure Bitcoin will rise again maybe $50k!

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August 26, 2022, 02:09:22 AM
Last edit: August 26, 2022, 03:54:19 AM by wmaurik
 #53

oh of course Bitcoin will rise again, it's just that we have to stay away from the word recession!
this is what makes crypto currencies decline, including bitcoin, if the world is normal, I'm sure Bitcoin will rise again maybe $50k!
Can you name any things that are still not normal in this world besides war? Because what I see there are seven factors that can cause the value of a cryptocurrency to decrease and increase. Those are things that generally can happen at any time to cryptocurrencies, either directly or indirectly. I quote this from the source tradimo.com

  • The technology behind cryptocurrencies plays a huge role
  • Node Count
  • Rising demand
  • Mass Adoption
  • Inflation of fiat currencies
  • Production Cost
  • Regulation

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Xcode7
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August 26, 2022, 02:51:46 AM
 #54

oh of course Bitcoin will rise again, it's just that we have to stay away from the word recession!
this is what makes crypto currencies decline, including bitcoin, if the world is normal, I'm sure Bitcoin will rise again maybe $50k!

I agree with you
Of course the price of bitcoin will go up again. I do not have the slightest doubt about the price of bitcoin because I believe the price of bitcoin will increase again but we need the right time to continue to rise, the world is now in a very chaotic economy due to many factors, especially due to the war in Russia and Ukraine.

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lienfaye
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August 26, 2022, 03:13:47 AM
 #55

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
Bear market started months ago and now we're not yet in bull market since Bitcoin is not increasing consistently, therefore we are still in bearish season. Anyway there are many reasons why the price of Bitcoin is decreasing and one of that is those investors selling because they're taking profit for short term. Hence if there's a price increase often they take advantage it. Thats why it is ideal to invest in Bitcoin for long term so you wont mind even the current price is low since you have set price or timeframe on when you will sell.

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August 26, 2022, 03:55:16 AM
 #56

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
There are many factors on how the price drops and increases but the only thing that matter is how you managed to take care of your funds and investments , this markets volatility will turn you around most of the time but at least considering being a holder will always keep you safe from your losing.
never consider to  invest in Bitcoin if you are only for quick profit because this will end up you more losing than winning .
you have been in the market for almost a year now so i think you already knew what is this market and how this works.
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August 26, 2022, 04:08:18 AM
 #57

-snip-
Yes, I know those are some reasons about crypto price fluctuations but if you understand the post well then I think you should focus on some things about bitcoin price fluctuations. Adoption, regulation, hype and fud have affected demand and supply so that it can cause price fluctuations.

In general there isn't much difference, but you can expect the price of bitcoin to fluctuate all the time because basically its use case as a currency has supported its price. In the long run the price will be better if it is backed by positive things, but something repeat is no guarantee for anyone including ATH. Don't think too much about mass adoption, it won't be happening anytime soon although the media can mention it as one of the reasons why the fluctuation is happening.

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August 26, 2022, 04:11:44 PM
 #58

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.
I think it's only natural to see bitcoin's price going down now because bitcoin has gone through very high gains before and this is a cycle that bitcoin has been going through for years. Maybe the reason is different for each time the increase and decreases occur, making us wonder what causes the price to rise and fall as it is now. But after this decline, bitcoin will rise again and there is a possibility that it will surpass the previous high ATH. So be patient and keep trying to buy when the price is still low so you will have the opportunity to sell bitcoin at the highest price later.

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August 26, 2022, 08:17:00 PM
 #59

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

It is a simple explanation, Bitcoin price is decreasing right now because the supply weighs more than the demand.  In short, there are more people selling the people buying.  But don't worry because the market sentiment isn't permanent.  It changes from time to time and the bear market will transition to a bull market, though it will take several months before the transition of Bitcoin bear market to bull market happens.  And in that event, you will see the Bitcoin price surge and possibly create another all-time high-breaking record.

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August 27, 2022, 03:59:43 AM
 #60

One thing to mention in particular was the bear market a few days ago. Then the price of Bitcoin has decreased due to the market being down. But now, despite being in a bull market, why is the price of Bitcoin decreasing now? Hope the experienced will tell.

It is a simple explanation, Bitcoin price is decreasing right now because the supply weighs more than the demand.  In short, there are more people selling the people buying.  But don't worry because the market sentiment isn't permanent.  It changes from time to time and the bear market will transition to a bull market, though it will take several months before the transition of Bitcoin bear market to bull market happens.  And in that event, you will see the Bitcoin price surge and possibly create another all-time high-breaking record.
This is something that is often forgotten by those which are relatively new to the market, it is true that right now we're going through a very intense bear market, but the conditions we are facing are not going to last forever, at some point people are going to realize that the price of bitcoin is very low and the panic sellers are going to run out of coins to sell.

This will diminish the supply available at exchanges and increase the demand, and we know that when that happens the price has to go up, and when you add the halving on top of all of that then that is the moment in which a bull run inevitably happens.

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