Minecache
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Merit: 1024
DGbet.fun - Crypto Sportsbook
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February 09, 2023, 10:07:26 AM |
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although at the beginning of the year bitcoin made a surprise by continuing to make a very good increase so far, almost 42% from the end of the year. but there are still many who doubt that a bull market will start to appear, because it is clear that the crisis situation is still visible and there is no clear point yet that there will be a change. so I also of the choices made, chose "Below $ 20000" because of the possibility that it will happen and I think it will not be different from last year's situation.
At the most recent Fed meeting, they also said that inflation is falling, but unemployment remains low and they would like to see unemployment higher. That is, they think that the current interest rates are not strong enough to make inflation fall below the average level they want. They won't raise rates as sharply as they did in 2022, instead, they will raise rates to a smaller extent, but they won't stop raising or lowering rates anytime soon. It shows that the economy is still unstable, so the possibility of the market recovering this year is very unlikely.
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Wong Gendheng
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February 09, 2023, 02:50:14 PM |
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The increase that has occurred to date has made many users sure as a trap, but I think the opposite, a very large transaction volume makes me sure that there is no way there are people or companies who want to bet with Bitcoin, and if you look at the market trend that occurs then I'm sure In 2023 it will be closed with a significant increase compared to 2022, maybe the price that can be achieved is approaching ATH in 2021 which is around $ 60K.
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onecall123
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February 09, 2023, 03:59:20 PM |
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This year we deserve to be optimistic that the price will go to recovery, since the beginning of the year the price has gone up more than 40% and I'm sure it can go up at least 200% before april, the price is skyrocketing if there are no more crypto cases like FTX, and maybe this year we will get a big profit, of course, the most important condition is to be patient and not panic if a difficult situation occurs, for example, the price drops below $ 20k again.
We will see later whether the price will go up as you predict or if the price will increase but not too high. But I don't think the price can go up too high because global economic conditions are also not stable and maybe we will still have to wait until the end of the year. Or it could also go up to the $30k-$50k mark through the end of the year and it's not until next year that the price can really get a rally and ramp up to even higher prices. And we can only be patient and wait for the moment when the bitcoin price can go back up higher than the last ATH. But if it turns out that the price drops below $20k again, we also have to be patient while buying more bitcoins. It would be appropriate to test below $20k. The market is either starting a bull run or most likely heading for a bull trap. For the momentum to be stopped, there would probably have to be a large negative news event. It is most likely that there will be another rally before a pullback because there are too many negative opinions at the moment. Also, if I sum up the current economic situation, I believe that the current global economic conditions will last for more than a year and the price of bitcoin will rise later.
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wmaurik
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February 09, 2023, 07:08:52 PM |
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The increase that has occurred to date has made many users sure as a trap, but I think the opposite, a very large transaction volume makes me sure that there is no way there are people or companies who want to bet with Bitcoin, and if you look at the market trend that occurs then I'm sure In 2023 it will be closed with a significant increase compared to 2022, maybe the price that can be achieved is approaching ATH in 2021 which is around $ 60K.
Now the increase is starting to stop and maybe only temporarily, but the correction that is happening now can also be an additional opportunity for those who still want to increase their assets this month. Because buying during a correction is also not a wrong thing than buying when it is increasing. The correction that is happening right now is a pure thing and not a trap even though there are some people who think that the increase that has occurred so far is a trap, even though it is a very normal increase in the market.
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KennyR
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February 09, 2023, 09:19:53 PM |
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The price have fallen down to $22k. The next level drop is between $19.7k and $21k and following this some have predicted about the snow ball effect to happen with bitcoin. Lets see, ongoing weekend will give better clarity on it. SEC have filed against Staking and the same could create some FUD. Whether what have been predicted gonna happen as correction or part of the regular market needs to be noted.
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dragonvslinux
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February 09, 2023, 09:34:16 PM |
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Surprised to see that the around 60% so far don't see price reaching $30K, let alone higher numbers. Over 75% don't believe $40K is possible either! It's good to see this bearish sentiment though.
Personally I took the second vote for $50K to $60K, on the basis of reaching around $50K by mid year (but not ATH), before returning to $25K to $30K area, likely by the end of the year.
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pantek talacuik
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Soil.co - Earn USDT/USDC
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February 10, 2023, 02:16:04 AM |
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The increase that has occurred to date has made many users sure as a trap, but I think the opposite, a very large transaction volume makes me sure that there is no way there are people or companies who want to bet with Bitcoin, and if you look at the market trend that occurs then I'm sure In 2023 it will be closed with a significant increase compared to 2022, maybe the price that can be achieved is approaching ATH in 2021 which is around $ 60K.
Maybe it happened, but the upswing and the graph going forward may not be obvious to people who invest small amounts but if some millionaires sell Bitcoin assets they might experience a shocking drop down the road. So whatever happens, continue to invest large amounts. if possible
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Pejoh Asu
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February 10, 2023, 07:22:09 AM |
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The increase that has occurred to date has made many users sure as a trap, but I think the opposite, a very large transaction volume makes me sure that there is no way there are people or companies who want to bet with Bitcoin, and if you look at the market trend that occurs then I'm sure In 2023 it will be closed with a significant increase compared to 2022, maybe the price that can be achieved is approaching ATH in 2021 which is around $ 60K.
Maybe it happened, but the upswing and the graph going forward may not be obvious to people who invest small amounts but if some millionaires sell Bitcoin assets they might experience a shocking drop down the road. So whatever happens, continue to invest large amounts. if possible Investors who have millions of dollars in assets will of course find it difficult to calm down if they look at the current market, it is very difficult to predict, when in January the price rose by more than 40% but in February there was a decrease of around 10%, for those of us who have bitcoin with small amounts of course not too concerned with short-term price movements, it is better to focus on long-term hold.
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Oshosondy (OP)
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Gamble responsibly
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February 10, 2023, 09:27:56 AM |
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Investors who have millions of dollars in assets will of course find it difficult to calm down if they look at the current market, it is very difficult to predict, when in January the price rose by more than 40% but in February there was a decrease of around 10%, for those of us who have bitcoin with small amounts of course not too concerned with short-term price movements, it is better to focus on long-term hold.
Unrealized loss is not yet a loss until you sell your coin, if bitcoin fall in price and you still invested at a price below $25000, I still see it as a good investment. The price of bitcoin falled recently and who invested in million would have been losing like a thousand of dollars now, but they are unrealized loss and they should not worry about that. What is more important that can make people to achieve their aim is to believe that all-time-high is what would later be the event of either 2024 or 2025.
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Joshapat
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February 10, 2023, 10:43:44 AM |
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The price of bitcoin will continue to rise even though there are occasional corrections like in 2022, and in my opinion whoever is patient to hold then he is a winner, many people have successfully gone through the test and temptation to sell immediately, on the internet there are stories of people who bought bitcoin at a price below $ 100 in in 2012, and he became a rich man because he sold 10% of bitcoin stock in 2017, then sold 10% of stock in 2021, and now he still has tens of thousands of bitcoins and will sell when the price is $ 100k.
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michellee
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February 10, 2023, 10:45:32 AM |
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This year we deserve to be optimistic that the price will go to recovery, since the beginning of the year the price has gone up more than 40% and I'm sure it can go up at least 200% before april, the price is skyrocketing if there are no more crypto cases like FTX, and maybe this year we will get a big profit, of course, the most important condition is to be patient and not panic if a difficult situation occurs, for example, the price drops below $ 20k again.
We will see later whether the price will go up as you predict or if the price will increase but not too high. But I don't think the price can go up too high because global economic conditions are also not stable and maybe we will still have to wait until the end of the year. Or it could also go up to the $30k-$50k mark through the end of the year and it's not until next year that the price can really get a rally and ramp up to even higher prices. And we can only be patient and wait for the moment when the bitcoin price can go back up higher than the last ATH. But if it turns out that the price drops below $20k again, we also have to be patient while buying more bitcoins. It would be appropriate to test below $20k. The market is either starting a bull run or most likely heading for a bull trap. For the momentum to be stopped, there would probably have to be a large negative news event. It is most likely that there will be another rally before a pullback because there are too many negative opinions at the moment. Also, if I sum up the current economic situation, I believe that the current global economic conditions will last for more than a year and the price of bitcoin will rise later. It has happened because the price is now down at $21k but the price is still trying to hold on so it doesn't drop any further. But there is indeed a tendency for the price to keep going down and we have to watch out for this because if the price really keeps going down, we should be able to use that opportunity to buy bitcoin again. The current global economic situation is also unstable, and it can trigger the movement of bitcoin to become unstable. We have seen it since last year when the movement of bitcoin is still going up and down as it is now. We can only be prepared for all situations that can occur and adapt to them.
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doomloop
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February 10, 2023, 04:58:05 PM |
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The increase that has occurred to date has made many users sure as a trap, but I think the opposite, a very large transaction volume makes me sure that there is no way there are people or companies who want to bet with Bitcoin, and if you look at the market trend that occurs then I'm sure In 2023 it will be closed with a significant increase compared to 2022, maybe the price that can be achieved is approaching ATH in 2021 which is around $ 60K.
That was true because there are no special events which are set on this year other than in 2024 and I think there is also no positive news that is spotted lately so the increase that we see seems questionable. Don't say that the opposite is happening because we are still stable at $22k. If it was truly the opposite then we must be in $25k and above now. A very large volume can also come from other sources (preferably large companies.) As we know they are looking for a way on how to maximize their income to be able to grow their business more. Don't forget that 2022 did also start not that bad but it becomes worst later on so don't be confident for this year after seeing a good start.
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pantek talacuik
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Activity: 773
Merit: 101
Soil.co - Earn USDT/USDC
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February 11, 2023, 02:18:03 PM |
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The increase that has occurred to date has made many users sure as a trap, but I think the opposite, a very large transaction volume makes me sure that there is no way there are people or companies who want to bet with Bitcoin, and if you look at the market trend that occurs then I'm sure In 2023 it will be closed with a significant increase compared to 2022, maybe the price that can be achieved is approaching ATH in 2021 which is around $ 60K.
Maybe it happened, but the upswing and the graph going forward may not be obvious to people who invest small amounts but if some millionaires sell Bitcoin assets they might experience a shocking drop down the road. So whatever happens, continue to invest large amounts. if possible Investors who have millions of dollars in assets will of course find it difficult to calm down if they look at the current market, it is very difficult to predict, when in January the price rose by more than 40% but in February there was a decrease of around 10%, for those of us who have bitcoin with small amounts of course not too concerned with short-term price movements, it is better to focus on long-term hold. Sometimes investors can't really see what they have invested in the long term. there are some investors who will continue to see the progress of what they have invested and see a great opportunity later if it will happen. so I prefer to continue to monitor or analyze what you have invested to make big profits.
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ilovealtcoins
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Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
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February 11, 2023, 03:24:21 PM |
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The increase that has occurred to date has made many users sure as a trap, but I think the opposite, a very large transaction volume makes me sure that there is no way there are people or companies who want to bet with Bitcoin, and if you look at the market trend that occurs then I'm sure In 2023 it will be closed with a significant increase compared to 2022, maybe the price that can be achieved is approaching ATH in 2021 which is around $ 60K.
Maybe it happened, but the upswing and the graph going forward may not be obvious to people who invest small amounts but if some millionaires sell Bitcoin assets they might experience a shocking drop down the road. So whatever happens, continue to invest large amounts. if possible Investors who have millions of dollars in assets will of course find it difficult to calm down if they look at the current market, it is very difficult to predict, when in January the price rose by more than 40% but in February there was a decrease of around 10%, for those of us who have bitcoin with small amounts of course not too concerned with short-term price movements, it is better to focus on long-term hold. I don't think so, investors have millions of dollars in assets, which means they have a lot of experience to be able to earn such large amounts of money. They know what they are doing in this market, and a 10% drop is sometimes their opportunity to buy in. Unlike retail investors who always want their assets to grow quickly, those who don't have too much money but want to get rich quick when they see bitcoin's price drop will panic and dump.
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Oshosondy (OP)
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Activity: 1638
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Gamble responsibly
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February 12, 2023, 08:20:40 AM |
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The price of bitcoin will continue to rise even though there are occasional corrections like in 2022, and in my opinion whoever is patient to hold then he is a winner, many people have successfully gone through the test and temptation to sell immediately, on the internet there are stories of people who bought bitcoin at a price below $ 100 in in 2012, and he became a rich man because he sold 10% of bitcoin stock in 2017, then sold 10% of stock in 2021, and now he still has tens of thousands of bitcoins and will sell when the price is $ 100k.
But people should realize that bitcoin is not yet a store of value more than being a speculative asset, bitcoin falls most to being a speculative asset. It has a time to buy bitcoin and it has a time not to buy it. During a very massive bull run, it is not good to buy bitcoin again for many months. I am still wondering how those that buy above $50000 will feel now. It is certain that bitcoin will get back above $50000 but it would take time before that will occur. The best time to buy bitcoin is after a massive bull run followed by a massive bear market, any further unrealized loss at that time will not cause panic if you buy at low price already.
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CageMabok
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February 12, 2023, 11:00:32 AM |
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The price of bitcoin will continue to rise even though there are occasional corrections like in 2022, and in my opinion whoever is patient to hold then he is a winner, many people have successfully gone through the test and temptation to sell immediately, on the internet there are stories of people who bought bitcoin at a price below $ 100 in in 2012, and he became a rich man because he sold 10% of bitcoin stock in 2017, then sold 10% of stock in 2021, and now he still has tens of thousands of bitcoins and will sell when the price is $ 100k.
Is this just a story you made up yourself? Because if a Bitcoin owner with tens of thousands of bitcoins is not an arbitrary person and you should know what his name is because usually the media that makes stories like that also pin the names of the owners of that many Bitcoins. So you also have to mention the name of the Bitcoin owner with that amount here so that the story you wrote is true and it doesn't seem like you made it up yourself. Because between 2012 and 2017, of course, the journey is not short and from 2017 to 2021 as well, so you need to explain a more complete truth about this.
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Wiwo
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February 12, 2023, 12:11:32 PM |
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The price of bitcoin will continue to rise even though there are occasional corrections like in 2022, and in my opinion whoever is patient to hold then he is a winner, many people have successfully gone through the test and temptation to sell immediately, on the internet there are stories of people who bought bitcoin at a price below $ 100 in in 2012, and he became a rich man because he sold 10% of bitcoin stock in 2017, then sold 10% of stock in 2021, and now he still has tens of thousands of bitcoins and will sell when the price is $ 100k.
Is this just a story you made up yourself? Because if a Bitcoin owner with tens of thousands of bitcoins is not an arbitrary person and you should know what his name is because usually the media that makes stories like that also pin the names of the owners of that many Bitcoins. So you also have to mention the name of the Bitcoin owner with that amount here so that the story you wrote is true and it doesn't seem like you made it up yourself. Because between 2012 and 2017, of course, the journey is not short and from 2017 to 2021 as well, you need to explain a more complete truth about this. Haha spear him mate, whichever way his story was motivating but then full of inconsistency from the beginning of the story till the end one will notice how unrealistic this story is, but all the same, the point the op is trying to make is in the area of holding for long and how to take opportunities to buy when bitcoin is at a discount price. - Doing a dollar cost averaging is something we should pay close attention to at every moment be it buy time or sell off time. -But DCA is more appropriate only at the sell and buys point and aside from that, one can easily continue to hold bitcoin without constantly checking its dollar value.
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Nrcewker
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February 12, 2023, 12:46:31 PM |
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$20,000 - $30,000 will be a safe prediction since we came from a bear market and I can’t expect Bitcoin to rise instantly after a devastating year, most probably it will take 2-3 years before we finally see the huge pump. There’s nothing to worry though, you can just continue buying while its cheap and increase your holdings, many are doing this already and they know it will be worth it.
People are actually missing the last point that you mentioned here mate. If we think and worry about the price too much, then definitely we miss the best price to buy the Bitcoins. According to me, now when the price is cheap, buy as many Bitcoins as you can and just wait. Bitcoins due to the limited number of supply of coins, will definitely rise in its price in future. As in order to maintain the demand, the coins price will automatically increase. For this year, I am guessing BTC will cross 40k and will try to maintain the price. Not hoping high, but atleast Bitcoins will recover this year.
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ivankoh
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Buzz App - Spin wheel, farm rewards
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February 12, 2023, 01:47:47 PM |
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The continuation of the 2023 macroeconomic downturn makes me think bitcoin will have a hard time entering the next bull season. Ideally, there should be a recovery leg, after bitcoin built strong momentum in January – 15k bottom formation structure. It is an optimistic signal but it is difficult for new money to come in, or in other words, confidence needs to be re-created in the market. So what more can we expect??? The worst case would be a fresh bottom of 12k but a strong bounce or bitcoin moving sideways and correcting slightly, with less volatility at 20-30k.
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wmaurik
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February 15, 2023, 12:45:59 PM |
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The continuation of the 2023 macroeconomic downturn makes me think bitcoin will have a hard time entering the next bull season. Ideally, there should be a recovery leg, after bitcoin built strong momentum in January – 15k bottom formation structure. It is an optimistic signal but it is difficult for new money to come in, or in other words, confidence needs to be re-created in the market. So what more can we expect??? The worst case would be a fresh bottom of 12k but a strong bounce or bitcoin moving sideways and correcting slightly, with less volatility at 20-30k.
Now the bounce is starting to show again in Bitcoin as it did today in the market. So you don't need to doubt about the increase in the price of Bitcoin this year, because new money will enter the market in this year after investors are no longer in trouble with the economic influences that they may have often faced so far. I even believe that Bitcoin can manage to pass $ 25K in this month, the possibility to go to $ 30K is wide open for Bitcoin in the first quarter of this year.
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