Another opportunity is coming, a time to hold

[Antonas1]

I am a person who believes that Bitcoin's 4 year cycle is no longer used to fix the price. Now people who decide to buy Bitcoin will be very dependent on news and policy only instead of the cycle. That's what causes prices to swing faster or slower than expected.

~snip~
I don't think is the time to hold, i think right now is time to buy because bitcoin at $16,000 is a really good price and not sure for how long it will be that low. So, this is an opportunity for those who have the right vision.

Yeah but, the right thing is to hold and buy, I think so. If you have some Bitcoin until today, then holding them is a good option while you buy, if you want. And don't forget not to rush and always adapt to your financial condition.

[1714653024]

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[1714653024]

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[peschwecks]

I have been very busy which makes me not to post this very early as it was last week news. Just that it is still very much worth it to post this.

More than 30% of Canadians plan to purchase crypto by 2024, says OSC head

Some people said a period of time will shock people when the price of bitcoin will no more rise using the 4 years cycle. Some even said that bitcoin market is matured already that this bull run trends may not become possible by 2024. But the good news is, you should still believe in bitcoin, it will not disappoint you in the next cycle.

According to Ontario Securities Commission head, the chief executive officer, Grant Vingoe, he said that they know from their research that 30% of Canadians are willing to invest in crypto asset by 2024.

“We know from our own research (being published later this month) that more than 30 per cent of Canadians plan to buy crypto assets in the next year [...] It is a challenge to bar non-compliant firms from offering services in Canada. With a limited budget and finite Enforcement staff to cover our entire capital markets, there is only so much we can do. But we are making progress.”

I believe if this kind of research is conducted in many other countries, more people will want to invest in crypto by 2024. And what should we expect by that time and 2025? Bull run.

I can guarantee that the bitcoins in their hands have turned into cash. Few people can actually hold bitcoins and store them in hardware wallets. If they have to say that some people can keep them, then I am sure that they are just It's not bad to hold half the amount of Bitcoin. Everyone has to live. Of course, it is not ruled out that there are still some purchases in the bear market.

[My ThuiHa]

The reliability of these articles is not very accurate. Every bear market everyone says this is an opportunity, but too few actually take action. Everyone is always waiting and watching. When the bull market comes, they will only say that it would be nice if they knew it earlier. Life is not so much to know early, plan ahead, and execute it.

[Sang Veronike]

We all know that now is an opportunity. Why are there so many people selling Bitcoin, don't they understand this?
Our suggestions don't matter to them, they have their own ideas. They don't want to "waste" their money here, and when the price of Bitcoin gradually increases, they will come back here faster than anyone else.

[Artem Sereda]

One thing I have realized of is the fact that Bitcoin price is unpredictable and waiting for a certain period or cycle may sometimes be fruitless waiting and the next bull run can happen at any time.
So the best thing to do is to always prepare ahead and hold more Bitcoin because you never can tell when the next market turn will happen.

Not really. You can predict the market movement. It depends on how much you follow the information field and can draw conclusions based on it. If you say that, then you are not studying enough all the news that can affect the state of bitcoin.

[Peanutswar]

Not only the people keep eyeing this year because we know that if the bitcoin halving is coming there's a chance that the price of the bitcoin again drops and wait for another ATH well history repeat itself as always if you check previous charts and makes a technical analysis in the current set up of the bitcoin 2 years ago we face again with the 16k price of the bitcoin and makes a good profit with approx 60k and this thing might happen again after the halving and it's a good opportunity to make accumulate as possible.

[justdimin]

Holding Bitcoin is one of my ultimate target and I can't quite now, when I know fully well that it will make a bull run up to $100k as predicted long before this time, although it still have chances of going below $8k, the moment it enter that price level, we should just bear in mind that it will give some traders new opportunities to bagged more while the ones that enter at early stage, will be at big loss, so the best thing for them is to triggered the sell price and wait for it to hit their choices of entry before bagging it again. The market currently facing bear season and let's just give it time.

I think it is very exaggerated that the price drops to 8000$. look at the chart, the support that is at 18000$ is very strong and the price is being traded on the side, that is, it is being traded between 8000 to 20000$. and it shows no sign of a drop to 8000, on the contrary the price may be accumulating in that 18000 to 20,000 zone for some or a long time until it gains a big momentum and starts to go up a lot, the biggest problem currently that is not making the price go up a lot and the financial crisis because of the war in ukraine, I believe that buying a lot now and being patient and selling in a few years can bring good profits

Well that 18k was broken just recently, which was looking like a good support I agree but one message one month ago to today could make so much change. I understand many things happened and there was a bad news and binance and FTX deal and all that, but it is just a proof that how something that looks like it won't be broken could be seen as something that is already broken with just a months difference.

This should be a cautionary tale to everyone who looks at the charts and make deductions and think one thing is possible when the other is not because the one you think that won't happen, could very well happen if there is a bad news.

[koindeks]

If everyone forgets crypto, yes the bull will come 

[imamusma]

Well that 18k was broken just recently, which was looking like a good support I agree but one message one month ago to today could make so much change. I understand many things happened and there was a bad news and binance and FTX deal and all that, but it is just a proof that how something that looks like it won't be broken could be seen as something that is already broken with just a months difference.

This should be a cautionary tale to everyone who looks at the charts and make deductions and think one thing is possible when the other is not because the one you think that won't happen, could very well happen if there is a bad news.

But now $18K is resistance that looked a little hard to break during the FTX case that rocked the crypto world. Perhaps $18K will be undermined soon as traders' appetite to buy back up, in December or late November seems very likely. I would expect $16K to be very strong support over time from now on even if bitcoin is currently hovering around $16K.

But considering what was the result of the survey above, I'm sure there will be an increase in demand in the market which will gradually make the market recover. $20K is expected in december, and meanwhile we should be pretty optimistic about that.

[Lanatsa]

Well that 18k was broken just recently, which was looking like a good support I agree but one message one month ago to today could make so much change. I understand many things happened and there was a bad news and binance and FTX deal and all that, but it is just a proof that how something that looks like it won't be broken could be seen as something that is already broken with just a months difference.

This should be a cautionary tale to everyone who looks at the charts and make deductions and think one thing is possible when the other is not because the one you think that won't happen, could very well happen if there is a bad news.

But now $18K is resistance that looked a little hard to break during the FTX case that rocked the crypto world. Perhaps $18K will be undermined soon as traders' appetite to buy back up, in December or late November seems very likely. I would expect $16K to be very strong support over time from now on even if bitcoin is currently hovering around $16K.

But considering what was the result of the survey above, I'm sure there will be an increase in demand in the market which will gradually make the market recover. $20K is expected in december, and meanwhile we should be pretty optimistic about that.

Really hard to make out some presumptions considering on whats happening in the market as of today.The lowest price is hovering around 15k but we didnt really get low even more which is really good.

Despite of that FTX issue or fud around then we didnt really that able to crash out which is good but still not an assurance that we wont really be going that low, so at least make yourself that prepared.

For those people who do see these times as the best opportunity to buy then its not really that a bad idea.If you could really bare out the risk then its your choice to make.

[NicNacCoin]

Those of you who are interested in investing in Bitcoin can invest in Bitcoin.Right now is the best time to invest in Bitcoin. You will regret it if this time passes.We have heard from various experts who have analyzed that Bitcoin will go to a place in 2024-2025 that people never imagined.So I would say those who are interested in investing, keep investing.You may not get this opportunity again later.

[lienfaye]

Those of you who are interested in investing in Bitcoin can invest in Bitcoin.Right now is the best time to invest in Bitcoin. You will regret it if this time passes.We have heard from various experts who have analyzed that Bitcoin will go to a place in 2024-2025 that people never imagined.So I would say those who are interested in investing, keep investing.You may not get this opportunity again later.

True. The current value is cheaper now compared to its previous price hence it's a good time to accumulate. But many investors are hesitant to buy at this time due to FUD and the recent FTX drama that greatly affect the market.

Well, if you want to engage yourself to invest in Bitcoin, we know this is the time to do it. Investors who are seeing the current season as an opportunity probably experienced the ups and down and became used to it and not letting the negative news stop them. Since they know it's normal in crypto, as an speculative asset and high volatile. Anyway, many things can happen before year 2024, so while waiting focus on what you can do now with the current market.

[wastagnn]

It's a good thing for Canadian investors rated to be about 30% of its populace to want in on bitcoin or crypto investments but, what would be wrong is waiting for a bullrun or for the Canadian investors to come into the market before making your investments.

What better time would it be to buy than buying in a bear market. Its the way to make the most of the bullrun when it comes based on the principle of buying low and selling high.

Unfortunately, we never want to see do we! There is always better opportunities ahead in the next bullrun and the next one after that and so, its always hold as much as you can, spending only what needs to be spent of it. Don't wait for a time to buy, procrastination would set in.

This is just a prediction from the survey data, don't know if they will actually buy. There are always opportunities for Bitcoin holders in the crypto market, and Bitcoin will definitely take a turning point to rebound again and rise again like before.
Now is the time to invest and accumulate Bitcoin, not wait for the bull market to start.

[Wiwo]

If everyone forgets crypto, yes the bull will come 

How do you mean, and what do you mean by if everyone forgets crypto the bull will come?
Are you saying a bull run is a result of few individual's participation and having a wider public adoption of bitcoin will limits the possibility of a bull run, what I think is, we should try and look away from the anticipated bull run and focus on Bitcoin adoption for a while, of the article is anything to go by, then 30% of the general public buying Bitcoin is a big number and addition to Bitcoin adoption rate. But then since we can't rely on speculations from the media, we can do nothing but wait to see the reality of things as time progress and we move closer to the speculated time.

[Diuyen Kim]

Most people's judgment will be changed based on some news. This prediction may or may not be accurate. Buying Bitcoin now is also a relatively early entry. But if you don’t buy it now, two years later, facing the high price of Bitcoin, you will regret the choice you made today. If you choose to buy Bitcoin now, you have to hold it for two years or more. You must first determine whether you will stick to your original intention.

[348Judah]

Of course another opportunity is coming ans sooner we are going to get launched into it, a time whereby we will have to sell and make more profits, this bear season is just a period to gather all the required potentials for making the expected profits after gruesome acrued, by then we will understand the releva to why it's good to hold bitcoin, buying it at dip and storing it in the appropriate wallet with your keys in your capacity, if you still have your foins with you then hodl, if you don't then buy and hodl, either of the two just ensure you're holding bitcoin.

[Mr. Magkaisa]

   - There is always have an opportunity here in the cryptocurrency, It's just different from the crypto we choose if it can provide profit in the future. But if it is like Bitcoin, Ethereum, Binance, Polygon, Shiba Inu, Sol, and others, it can be possible and good for me to hold it for a long time.

It's just that the important thing is not to be drawn or believe in the Fud that can be read about these cryptos, and to stick to the stance and belief in the coin that we will hold for the long term.

[xSkylarx]

Of course another opportunity is coming ans sooner we are going to get launched into it, a time whereby we will have to sell and make more profits, this bear season is just a period to gather all the required potentials for making the expected profits after gruesome acrued, by then we will understand the releva to why it's good to hold bitcoin, buying it at dip and storing it in the appropriate wallet with your keys in your capacity, if you still have your foins with you then hodl, if you don't then buy and hodl, either of the two just ensure you're holding bitcoin.

If a holder wants to buy, there are always opportunities, whether in a bear or a green market. Some people treat bear market days like mall sales, buying small amounts of bitcoin just to add to their wallets so that when the price rises, they can profit from the bear market. Though it is easy to say to buy on a dip, it is difficult to predict when to buy, so as most others have said, just buy it anytime, as anytime is a good time to buy bitcoin.

[dezoel]

If everyone forgets crypto, yes the bull will come 

How do you mean, and what do you mean by if everyone forgets crypto the bull will come?
Are you saying a bull run is a result of few individual's participation and having a wider public adoption of bitcoin will limits the possibility of a bull run, what I think is, we should try and look away from the anticipated bull run and focus on Bitcoin adoption for a while, of the article is anything to go by, then 30% of the general public buying Bitcoin is a big number and addition to Bitcoin adoption rate. But then since we can't rely on speculations from the media, we can do nothing but wait to see the reality of things as time progress and we move closer to the speculated time.

Adoption of bitcoin would be a great reason for it to grow if we would have a lot of it. However, the reality is that most people use bitcoin as something that they would invest as an asset and that means as long as it stays low, there will be more and more people who would buy it as an asset and make some money from it. I am not saying that it is a must, but it has been like that forever.

We go up, a lot of people get rich, they sell and take a profit, it crashes and goes down, a few more bad news happens, it stays low, and then there are some good news, it starts to go back up, and then some more people get in, then some big name companies, a couple good news and suddenly we are in a new ATH price.