bitterguy28
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December 08, 2022, 07:57:40 AM |
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If we look at the price movement for a week then I don't really set a high target, maybe the price range will not be able to touch $ 20K, especially the end of the year usually many need money so that it will make the pressure greater and maybe the price can drop below $ 15k.
Simple advice? " KEEP HODLING" that would be our weapon in this kind of market now mate and the sentiment of the price is just a view of our funds but the losses of our desire so lets not look so much instead accept the fact that the whole world is still suffering from so much pain now and the market will stay this way for at least another long time. Holding is easy and simple, don't panic when looking at the current price because we have to be sure that the market is immediately rising, maybe 2 or 3 more years the price can reach 500% from now so that if we invest now and hold 3 years then every year we get Profit is more than 150% and when compared to bank interest, it is certainly very much different. I think it is not that easy mate , you can easily say that we must not panic but if you find your folio losing more than half of your funds? do you believe that it will be easy to not panic? specially if you invest most of your precious funds? like what many says , it is right that easily said than done.
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kotajikikox
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December 08, 2022, 08:11:00 AM |
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December price is still affected by the FTX issue and afraid that if there is a big case after FTX, I believe if there are no more cases like FTX then the price could touch $18k or more, and now the price is still cheap and a good opportunity to buy.
I already gave up of hoping to see 18k above , i thought last week when December starts that 17k climb will be the beginning but seeing it now? I believe that we are waiting for nothing here but another dumping. If we look at the price movement for a week then I don't really set a high target, maybe the price range will not be able to touch $ 20K, especially the end of the year usually many need money so that it will make the pressure greater and maybe the price can drop below $ 15k.
Simple advice? " KEEP HODLING" that would be our weapon in this kind of market now mate and the sentiment of the price is just a view of our funds but the losses of our desire so lets not look so much instead accept the fact that the whole world is still suffering from so much pain now and the market will stay this way for at least another long time. Holding is easy and simple, don't panic when looking at the current price because we have to be sure that the market is immediately rising, maybe 2 or 3 more years the price can reach 500% from now so that if we invest now and hold 3 years then every year we get Profit is more than 150% and when compared to bank interest, it is certainly very much different. I wanted to support you mate but even a holder like me? sometimes felt panicking once my funds drop so bad .
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CageMabok
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December 08, 2022, 08:43:11 AM |
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Holding is easy and simple, don't panic when looking at the current price because we have to be sure that the market is immediately rising, maybe 2 or 3 more years the price can reach 500% from now so that if we invest now and hold 3 years then every year we get Profit is more than 150% and when compared to bank interest, it is certainly very much different.
![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) If you talk about a 150% profit that can be obtained in every year, how about this year, from January to December, it only decreases without a bigger increase? And how can you be so sure of a 500% profit in three years if market conditions are always difficult for everyone to predict? Holding does look easy, but going through it won't be as easy as you might imagine, because when someone starts holding it they don't sell at a cheap price. So he must also be able to fight his lust and desire not to release assets early because it is usually difficult to control so that not everyone is able to hold properly when price changes occur so quickly in the market.
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Kemarit
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December 08, 2022, 08:51:36 AM |
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If we look at the price movement for a week then I don't really set a high target, maybe the price range will not be able to touch $ 20K, especially the end of the year usually many need money so that it will make the pressure greater and maybe the price can drop below $ 15k.
Simple advice? " KEEP HODLING" that would be our weapon in this kind of market now mate and the sentiment of the price is just a view of our funds but the losses of our desire so lets not look so much instead accept the fact that the whole world is still suffering from so much pain now and the market will stay this way for at least another long time. Holding is easy and simple, don't panic when looking at the current price because we have to be sure that the market is immediately rising, maybe 2 or 3 more years the price can reach 500% from now so that if we invest now and hold 3 years then every year we get Profit is more than 150% and when compared to bank interest, it is certainly very much different. Yes, it's simple, but it will take a lot of time and patience and mentally courage to hold in the next 3 years. Not just hold buy you also need to buy in that span, thru DCA or whatever strategy you have and then hold and wait for the right time to sell. And that is what separates the smart investors from those who just simple what to profit at anytime. But if you have what it takes to be a long term holder, then good for you as you have said it, easy and simple.
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Oshosondy (OP)
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December 08, 2022, 12:02:46 PM |
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Holding is easy and simple, don't panic when looking at the current price because we have to be sure that the market is immediately rising, maybe 2 or 3 more years the price can reach 500% from now so that if we invest now and hold 3 years then every year we get Profit is more than 150% and when compared to bank interest, it is certainly very much different.
In my country, there is more inflation and persistent rise in the price of goods and services, if you hold fiat in bank in my country for five years, the $100 worth of my local currency that you hold for five years will not worth more that $20 to $50. That is how poor fiat is in many countries. People will think their money have more interests, but they are losing actually. Bitcoin just provide the opportunity to speculate and hold for years, the value would increase. Yes, it's simple, but it will take a lot of time and patience and mentally courage to hold in the next 3 years. Not just hold buy you also need to buy in that span, thru DCA or whatever strategy you have and then hold and wait for the right time to sell.
People hold gold for lifetime, why not hold bitcoin even for at least four years, or even lifetime. As for buying and planing to hold for years, DCA would be good, but in a time like this, when the the price of bitcoin has so much reduced.
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South Park
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December 08, 2022, 07:46:20 PM |
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Yes, it's simple, but it will take a lot of time and patience and mentally courage to hold in the next 3 years. Not just hold buy you also need to buy in that span, thru DCA or whatever strategy you have and then hold and wait for the right time to sell.
People hold gold for lifetime, why not hold bitcoin even for at least four years, or even lifetime. As for buying and planing to hold for years, DCA would be good, but in a time like this, when the the price of bitcoin has so much reduced. Yes, I do not know why people are so impatient when it comes to bitcoin, gold and silver are the kind of investments which could go for decades without moving an inch, a scenario that we are watching right now, bitcoin only needs to be held for less than four years to give meaningful profits and yet people find themselves incapable of doing something as simple as that, and if that is the case then maybe those people were not ready to invest in any asset as they cannot even employ the most simple strategy that exist to profit from this market.
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Hamphser
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December 08, 2022, 08:22:58 PM |
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Yes, it's simple, but it will take a lot of time and patience and mentally courage to hold in the next 3 years. Not just hold buy you also need to buy in that span, thru DCA or whatever strategy you have and then hold and wait for the right time to sell.
People hold gold for lifetime, why not hold bitcoin even for at least four years, or even lifetime. As for buying and planing to hold for years, DCA would be good, but in a time like this, when the the price of bitcoin has so much reduced. Yes, I do not know why people are so impatient when it comes to bitcoin, gold and silver are the kind of investments which could go for decades without moving an inch, a scenario that we are watching right now, bitcoin only needs to be held for less than four years to give meaningful profits and yet people find themselves incapable of doing something as simple as that, and if that is the case then maybe those people were not ready to invest in any asset as they cannot even employ the most simple strategy that exist to profit from this market. For noobs then they are really looking after for fast profits on which the things that they could able to see into social media where those profitable traders are flexing out their big or huge winning trades without even knowing or realizing on how much those traders had lost before they do able to reach out that state? People are indeed that impatient and do really loves to rush up things and this would really be in result into mistakes and errors because they do really love to connect out the dots on what they have seen back in the past which i couldnt really blame them off.Each time of the year where December is the month on which majority is really that eyeing on when it comes to price increase, for now we arent seeing signs nor movement nor hints that we would really be hitting up something for this money which isnt really that something shocking imho.
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ginsan
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December 08, 2022, 08:51:30 PM |
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I think it is not that easy mate , you can easily say that we must not panic but if you find your folio losing more than half of your funds? do you believe that it will be easy to not panic?
specially if you invest most of your precious funds?
like what many says , it is right that easily said than done.
you're right. to holding in the long term requires patience and also being able to accept the fact if the market falls suddenly. if someone says long term holding is easy then on the one hand it is a tough road but passable for someone because they really intend and believe in their investment stage. many people bought btc in 2016 but they took advantage when the end of 2017 maybe few people can hold until btc reach the high price in 2021. at this stage we can learn from that history so that we have a great instinct to invest in the long term, for example for the next 5 years by purchasing using the DCA strategy. Maybe the strongest holders at the moment are Saylor, he continues to buy and hold for a long period. she is so strong and we have to admit.
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ScamViruS
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December 08, 2022, 09:16:28 PM |
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If we look at the price movement for a week then I don't really set a high target, maybe the price range will not be able to touch $ 20K, especially the end of the year usually many need money so that it will make the pressure greater and maybe the price can drop below $ 15k.
Simple advice? " KEEP HODLING" that would be our weapon in this kind of market now mate and the sentiment of the price is just a view of our funds but the losses of our desire so lets not look so much instead accept the fact that the whole world is still suffering from so much pain now and the market will stay this way for at least another long time. Holding is easy and simple, don't panic when looking at the current price because we have to be sure that the market is immediately rising, maybe 2 or 3 more years the price can reach 500% from now so that if we invest now and hold 3 years then every year we get Profit is more than 150% and when compared to bank interest, it is certainly very much different. True. Holding is an easy way to get good returns, but starting holding at the wrong time can be a nightmare for a small investor. But the current market conditions are certainly a good position to take re entry. The problem with crypto traders is that they start panic selling when the market dips a bit. So, if you want to hold, nothing but patience, the best option is to buy crypto and withdraw it from the exchange and keep it in the wallet.Even if the market goes a little below this level still after few years you will get a good result, how much percent increase or decrease can be another discussion but I think a very good return can be expected from here.
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Sebas.tian
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December 09, 2022, 04:10:09 AM |
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I think, there will be improvement in pumping any moment from next week because the green light is about to remain stable for long term and short term investors to have something potential to achieve when the price hit back $40,000 next week which is what people are expecting in this month of December. The price of Bitcoin will not decrease more than $17,000 before the bullish season will finally occupy the market till next year December ending before bearish will come back. I believe, many people have used this bearish to prepared themselves to achieve huge amount of income from this month of December because the price will definitely increase higher soon.
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Kadal Ijo
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December 09, 2022, 09:54:48 AM |
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Today is the market rising again even though it is only 2%, hopefully in December the market can touch $ 20k, many people will worry if the market will continue to drop even under $ 12k, but as investors we must be optimistic and make a good opportunity to buy more when Price falls.
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wxa7115
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December 10, 2022, 06:14:57 AM |
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Today is the market rising again even though it is only 2%, hopefully in December the market can touch $ 20k, many people will worry if the market will continue to drop even under $ 12k, but as investors we must be optimistic and make a good opportunity to buy more when Price falls.
Unless something major happened I do not think there is too much of a chance for the price to go that low during the month of December. However it is also going to be challenge for the price of bitcoin to reach 20k, the price is still presenting some problems to stay above 17k, and while 20k may not seem to be that far away I believe the conditions simply do not exist for this resistance level to be reached so soon, because even if the worst seems to have already passed, there is still a lingering fear which does not really help us to reach that price.
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Chato1977
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December 10, 2022, 06:38:45 AM |
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If we look at the price movement for a week then I don't really set a high target, maybe the price range will not be able to touch $ 20K, especially the end of the year usually many need money so that it will make the pressure greater and maybe the price can drop below $ 15k.
Simple advice? " KEEP HODLING" that would be our weapon in this kind of market now mate and the sentiment of the price is just a view of our funds but the losses of our desire so lets not look so much instead accept the fact that the whole world is still suffering from so much pain now and the market will stay this way for at least another long time. If we look at the price movement for a week then I don't really set a high target, maybe the price range will not be able to touch $ 20K, especially the end of the year usually many need money so that it will make the pressure greater and maybe the price can drop below $ 15k.
Simple advice? " KEEP HODLING" that would be our weapon in this kind of market now mate and the sentiment of the price is just a view of our funds but the losses of our desire so lets not look so much instead accept the fact that the whole world is still suffering from so much pain now and the market will stay this way for at least another long time. maybe for this ? i agree as expectation does not shows going to happen nowadays because the market still being denied. thanks for that support because what I see is that Holding is what we can keep now, this is the only thing that matter for me as the market keeps on denying , but I still but once there is available funds and yes I can see something good to happen any time in 2024.
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TravelMug
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December 10, 2022, 06:53:06 AM |
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I think everything is quiet and settled already, so we might the price just above $17k at the end of the month. Hey, that's not that bad as just like 3 weeks ago we are in the lowest low at $15k. But now we have bounce back so we should be very happy on how thing have went from the FTX to the current price.
There's nothing wrong with the continue accumulation because we are still in that phase even next year.
So just simply take advantage of every drop and not complain about it. Just DCA - the best strategy in this bear market.
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Zilon
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December 10, 2022, 10:29:48 AM |
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I think everything is quiet and settled already, so we might the price just above $17k at the end of the month. Hey, that's not that bad as just like 3 weeks ago we are in the lowest low at $15k. But now we have bounce back so we should be very happy on how thing have went from the FTX to the current price.
There's nothing wrong with the continue accumulation because we are still in that phase even next year.
So just simply take advantage of every drop and not complain about it. Just DCA - the best strategy in this bear market.
I agree with you, Price will trade above $17k by the end of the year. There will definitely be retracement moments, but it will be geared towards pushing price to a resistance level above $17k. Accumulating Bitcoin at this phase should be the focus. This is also a good time to pay close attention at price chart to catch up with every moment using DCA has mentioned.
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bitgolden
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December 10, 2022, 08:08:43 PM |
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Let us guess what the price of bitcoin could be in December. Is it going to be bearish or bullish or just boring with little volatility?
I am calling 25k for this month as the peak, I do not know if it will finish with that or just hit it and go down later on, but I call 25k to be possible. We already had too many months when it went down and I am not expecting it to keep going down more, which means that if I realized this, the market already realized it. So if we all know that it is unlikely for it to go down even more, then it means we all know the only direction left is to go up. I know it is not going to be easy, but it is going to happen no matter how difficult it is. Lets realize the fact that bitcoin is at the bottom already, and the direction is up, and 25k is not too high to make it unrealistic.
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Wiwo
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December 10, 2022, 08:11:42 PM |
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The market outlook right now is full of mixed reactions and most speculators have run out of data to be used to aid their right prediction of the market direction, December will not be different from any other month in this year 2022 and if care is not taken and Bitcoin does not regain it previous Price benchmark of above $25,000 before the end of this year 2022, the next year 2023 will still face the same market uncertainty that we faced in this year 2022 even though some other events such as the various hacked and the crash also contributed to pin the price of Bitcoin down to this level.
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Charles-Tim
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December 11, 2022, 09:58:45 AM |
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I am calling 25k for this month as the peak, I do not know if it will finish with that or just hit it and go down later on, but I call 25k to be possible. We already had too many months when it went down and I am not expecting it to keep going down more, which means that if I realized this, the market already realized it. So if we all know that it is unlikely for it to go down even more, then it means we all know the only direction left is to go up.
Bitcoin price might not just increase to $25000 this December, but a very possible price in 2023 first quarter. The market has been resisting the prices below $17500 recently but bull market can be surprising and $25000 may become possible, but I see it to be next year in my opinion and guess. But what I most conclude is that $15500 would likely be the lowest price for now if there would no other FTX-like event which can further plummet the price. A good time to buy nd hold.
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bestcoins1
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December 11, 2022, 10:21:53 AM |
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at this stage we can learn from that history so that we have a great instinct to invest in the long term, for example for the next 5 years by purchasing using the DCA strategy. Maybe the strongest holders at the moment are Saylor, he continues to buy and hold for a long period. she is so strong and we have to admit.
The history that has happened to Bitcoin can also be a motivation to stay afloat with the investments we make in Bitcoin. Because buying at a low price and holding it for the long term with the intention of getting bigger profits is not an easy thing to do. Because on the one hand, every investor does not have to sell when the price is still cheap, even though he has waited a long time with the saturation that is starting to come.
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Sayeds56
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stead.builders
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December 11, 2022, 10:46:15 AM Last edit: December 11, 2022, 10:57:38 AM by Sayeds56 |
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I am calling 25k for this month as the peak, I do not know if it will finish with that or just hit it and go down later on, but I call 25k to be possible. We already had too many months when it went down and I am not expecting it to keep going down more, which means that if I realized this, the market already realized it. So if we all know that it is unlikely for it to go down even more, then it means we all know the only direction left is to go up.
Bitcoin price might not just increase to $25000 this December, but a very possible price in 2023 first quarter. The market has been resisting the prices below $17500 recently but bull market can be surprising and $25000 may become possible, but I see it to be next year in my opinion and guess. But what I most conclude is that $15500 would likely be the lowest price for now if there would no other FTX-like event which can further plummet the price. A good time to buy nd hold. I agree with your opinion that Bitcoin is not likely to make big gains in December but it is likely to stabilize around 17-18K, provided CPI data report comes in accordance with market expectations and there is no element of surprise in it. The next week is full of events when CPI data report release will be followed by FED meeting, and we might see big swings in Bitcoin price. I think the outcome of these two key events will determine the trend of market for the rest of year and beyond.
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