ilovealtcoins
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February 26, 2023, 01:30:29 AM |
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Have you take a look at the 2015 chart? I think that's the similar thing rather than the 2019 one. Not that I mind it because in the long term we will see all time high once again, it's just a matter of patience and your tenacity to make it alive in this bear market. Not always optimistic but always ready on both scenarios.
Yes, there are always surprises in investment, so as long as we prepare a plan for two scenarios, we will never panic and fall into a passive position. Cryptocurrency is just a game of patience, as long as whoever can endure it the best, the reward will go to that person. Many people say investing is not easy, but if you know how to wait patiently, it's easier than we think.
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Rigon
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February 26, 2023, 02:07:36 AM |
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The market conditions are clearly unstable at the moment, the previous price gains were not able to last long enough and even I see that the possibility of a bearish trend could still occur, moreover the weekly chart of the BTC price still shows a death cross of the Moving Average indicator so that changes may occur the price suddenly comes from bitcoin at this time, for now it's better to watch and be aware of bitcoin price movements before buying because after all we don't want to get stuck in buying.
Yes the market situation is very volatile at the moment. The Bitcoin market has been bullish since the beginning of the year but now we are in a dumping market. Although the market has increased a lot in the first stage, now the market has started to go down again, how much it will go down is not accurately understood. Maybe by the end of this month or quarter we'll see Bitcoin maybe around $30,000 to $40000. And yes before investing you must consider the market conditions.
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superman184
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February 26, 2023, 05:55:56 AM Merited by fillippone (2) |
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Yes, there are always surprises in investment, so as long as we prepare a plan for two scenarios, we will never panic and fall into a passive position. Cryptocurrency is just a game of patience, as long as whoever can endure it the best, the reward will go to that person. Many people say investing is not easy, but if you know how to wait patiently, it's easier than we think.
The meaning of not being easy in investing is holding back and waiting for the desired price more patiently besides having to have sufficient capital at the start. Now investment must be considered as important because everyone should also know that some Cryptocurrency assets are indeed worth bringing into investment and can create a brighter future if it is profitable. I think that 2023 will be much better than 2019, because if we take Bitcoin as an example, I still believe that the potential for Bitcoin will increase more this year so that it will be very different from 2019. I believe this is because there are more people who have started to see Bitcoin as a more important investment asset so that some developed countries are willing to look at Bitcoin to create a different future in their respective regions.
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lixer
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February 26, 2023, 07:01:49 PM |
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The market conditions are clearly unstable at the moment, the previous price gains were not able to last long enough and even I see that the possibility of a bearish trend could still occur, moreover the weekly chart of the BTC price still shows a death cross of the Moving Average indicator so that changes may occur the price suddenly comes from bitcoin at this time, for now it's better to watch and be aware of bitcoin price movements before buying because after all we don't want to get stuck in buying.
Yes the market situation is very volatile at the moment. The Bitcoin market has been bullish since the beginning of the year but now we are in a dumping market. Although the market has increased a lot in the first stage, now the market has started to go down again, how much it will go down is not accurately understood. Maybe by the end of this month or quarter we'll see Bitcoin maybe around $30,000 to $40000. And yes before investing you must consider the market conditions. Being volatile is staple in cryptos so you guys shouldn't be shocked at all when you see saw the price moves in up and down direction. We are still bullish as long as we don't go below $20k. As of now the price is at $23k and it seems that there are no signs that it will fall down there but it was still ready to climb back to $24k and $25k at any moment. Many are expecting that Bitcoin will end this first quarter with a $30k in price. That's not bad but $40k and onwards could likely be seen on the 3rd or 4th quarter of the year because I am sure that there are lots of corrections that will come along after. Investing in Bitcoin can be done in any market conditions because it will still recover and pump more in the future.
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stadus
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February 26, 2023, 10:29:25 PM |
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Its looking a bit weaker today, failed to pass 24.5k and also staying below the 2 day average and confirming the weekly average for the highs. If I hold BTC as acting positively I expect it to hold above weekly averages not below. The signal for this higher patch of BTC prices to fall apart would be 23.5k being lost. Next support I'd guess is early Feb lows of 22.8k All of this is short term stuff and movements, if someone argued we are just going sideways I would mostly agree for micro and macro movements.
I'd never expect a huge pump or dump as well and the situation isn't really good for short-term holders as they certainly are taking to hold longer time than the usual thing they do. The market will just be showing huge changes when there is another market drama like a scam, FUDs, and manipulations but something we have missed it this February making the price movement very slow. But I never say it was unfortunate yet it was a good chance for the investors to accumulate more before the huge pump kicked on.
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ethereumhunter
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February 27, 2023, 04:06:41 AM |
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Have you take a look at the 2015 chart? I think that's the similar thing rather than the 2019 one. Not that I mind it because in the long term we will see all time high once again, it's just a matter of patience and your tenacity to make it alive in this bear market. Not always optimistic but always ready on both scenarios.
Yes, there are always surprises in investment, so as long as we prepare a plan for two scenarios, we will never panic and fall into a passive position. Cryptocurrency is just a game of patience, as long as whoever can endure it the best, the reward will go to that person. Many people say investing is not easy, but if you know how to wait patiently, it's easier than we think. Besides requiring patience, we also have to be able to hold promising coins that can give us future profits. But many people can't be patient and have strong hands holding their bitcoins and waiting until the price increases. So if this year is pretty much the same as 2019 but those people still can't hold their bitcoins until the price goes up, they can't get the desired results. And at a time when the market is still volatile as it is now, it requires more patience and waiting for the market to recover and be able to get another long rally fully.
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Natalim
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February 27, 2023, 09:40:17 PM |
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snip~
Probably not the exact same scenario but almost the same price trend, this has been the situation on many market like stocks and forex so I believe its also possible to see in cryptomarket the same picture even if its on a different level or different volatility. The demand and supply will always affect the market trend, the adoptions will also play a big role as cryptomarket is still not accepted by many while the economic growth also matter as we are about to rise from the pandemic downfall. Everything could possibly change and all the said factors could trigger the market to look not the same. Maybe for some events, it looks the same but the entire year's performance could be really far different from what we have experienced in the past. And even thinking of $100k in the next ATH might not happen because a huge number of investors now are not having the same mindset as before. Well, that adoption is really a big contributor to the market changes.
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GeorgeJohn
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February 27, 2023, 09:54:19 PM |
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I believe that the $50,000 is very possible, especially in the last quarter of this month, but just in case it is not, the first quarter of 2024 will be the chance. Because I believe that the Bitcoin block halving in 2024 is the biggest trigger for Bitcoin to reach again this kind of price level.
Do you know that know specific proof to show that Bitcoin will reach such magnitude height in 2024,we all just pre assumed such because we have experience or witness Bitcoin accelerating in some point of reaching or turning four years, base on my understanding, i believe that what determines the acceleration of Bitcoin is the determinant of the demand of Bitcoin and the quantity supply usual.
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justdimin
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February 28, 2023, 07:44:03 AM |
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Besides requiring patience, we also have to be able to hold promising coins that can give us future profits. But many people can't be patient and have strong hands holding their bitcoins and waiting until the price increases. So if this year is pretty much the same as 2019 but those people still can't hold their bitcoins until the price goes up, they can't get the desired results. And at a time when the market is still volatile as it is now, it requires more patience and waiting for the market to recover and be able to get another long rally fully.
The saddest part is when people start understanding the value of waiting, but then do it for a shitcoin and lose a lot of money and start considering that as a wrong move. The reality is that holding is great, but if you are holding a shitcoin then the problem is not with the waiting but about picking the right thing, it will end up with a trouble. However, if you end up with something much better, like bitcoin or ethereum, then holding is actually quite good and should be valuable lesson for sure. I personally believe that the best thing to do is providing people with a good return in the long run with good coins, and for that to work we need to make sure we promote bitcoin and the likes.
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SquallLeonhart
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March 02, 2023, 08:38:24 AM |
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I believe that the $50,000 is very possible, especially in the last quarter of this month, but just in case it is not, the first quarter of 2024 will be the chance. Because I believe that the Bitcoin block halving in 2024 is the biggest trigger for Bitcoin to reach again this kind of price level.
Do you know that know specific proof to show that Bitcoin will reach such magnitude height in 2024,we all just pre assumed such because we have experience or witness Bitcoin accelerating in some point of reaching or turning four years, base on my understanding, i believe that what determines the acceleration of Bitcoin is the determinant of the demand of Bitcoin and the quantity supply usual. I think the biggest reason for that type of prediction is the fact that we have seen the similar kind of movements before and that means we are expecting the similar kind of movements to happen yet again. It literally resembles what has happened twice already, and this is going to be a third time that it happens, not saying it has to be exactly how it happened before, but just the direction at the very least. This is why I believe that even though we may not look awesome right now, and even though maybe our predictions could be wrong in the end, it's just our prediction, I believe it will be fine and go up during 2024 but that is just a prediction and nothing more.
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Ziskinberg
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March 02, 2023, 09:34:16 PM |
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Besides requiring patience, we also have to be able to hold promising coins that can give us future profits. But many people can't be patient and have strong hands holding their bitcoins and waiting until the price increases. So if this year is pretty much the same as 2019 but those people still can't hold their bitcoins until the price goes up, they can't get the desired results. And at a time when the market is still volatile as it is now, it requires more patience and waiting for the market to recover and be able to get another long rally fully.
The saddest part is when people start understanding the value of waiting, but then do it for a shitcoin and lose a lot of money and start considering that as a wrong move. The reality is that holding is great, but if you are holding a shitcoin then the problem is not with the waiting but about picking the right thing, it will end up with a trouble. However, if you end up with something much better, like bitcoin or ethereum, then holding is actually quite good and should be valuable lesson for sure. I personally believe that the best thing to do is providing people with a good return in the long run with good coins, and for that to work we need to make sure we promote bitcoin and the likes. Choosing the right coins is not hard but many people think that "what if the next bull season will be the same as before where shitcoins are rising multiple times than Bitcoin and ETH". They have some reason and I believe that was possible but the risk is to high and the possibility of losing our money as well because what if it never happens? However, choosing Bitcoin and potential altcoins is the safest investment compared to shitcoins, especially if we are holding long-term. And I encourage people to stop thinking history repeats itself as it might not happen in crypto.
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Hamphser
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March 02, 2023, 11:38:51 PM |
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Besides requiring patience, we also have to be able to hold promising coins that can give us future profits. But many people can't be patient and have strong hands holding their bitcoins and waiting until the price increases. So if this year is pretty much the same as 2019 but those people still can't hold their bitcoins until the price goes up, they can't get the desired results. And at a time when the market is still volatile as it is now, it requires more patience and waiting for the market to recover and be able to get another long rally fully.
The saddest part is when people start understanding the value of waiting, but then do it for a shitcoin and lose a lot of money and start considering that as a wrong move. The reality is that holding is great, but if you are holding a shitcoin then the problem is not with the waiting but about picking the right thing, it will end up with a trouble. However, if you end up with something much better, like bitcoin or ethereum, then holding is actually quite good and should be valuable lesson for sure. I personally believe that the best thing to do is providing people with a good return in the long run with good coins, and for that to work we need to make sure we promote bitcoin and the likes. Choosing the right coins is not hard but many people think that "what if the next bull season will be the same as before where shitcoins are rising multiple times than Bitcoin and ETH". They have some reason and I believe that was possible but the risk is to high and the possibility of losing our money as well because what if it never happens? However, choosing Bitcoin and potential altcoins is the safest investment compared to shitcoins, especially if we are holding long-term. And I encourage people to stop thinking history repeats itself as it might not happen in crypto. One of the main reason on why people do really tend to gamble out with shitcoins which is specially with meme coins is that they are really that aiming that thousand times multipliers and make themselves that rich. This is the actual reason on why they arent tending to secure themselves into those top and established coins but rather chasing up into those low caps which it doesnt assure out the success rate. It is really just depending on a certain individual though because not all could really be able to handle the risk and some do really love on playing safe at least, not totally safe but rather less risky. History could neither repeat or not and there's no way that we could really be able to tell on what would happen in the future.
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LittleBitFunny
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March 03, 2023, 03:08:06 AM |
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... And I encourage people to stop thinking history repeats itself as it might not happen in crypto.
Everything in this world is relative, not absolute, it's all speculation and hope. We have no basis for predicting the future other than based on history, I believe history will repeat itself until new history is formed. History repeats means bitcoin has fallen and will rise again after that, we can't claim that history will repeat itself in every detail. Maybe the 4-year cycle will change, but eventually, bitcoin will rise again and hit a new ATH is still called history repeating itself.
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Joshapat
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March 05, 2023, 06:39:09 AM |
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If we pay attention then many things are unique because price trends look the same, of course not the same value but the movement charts are often the same, and in my opinion what happened in 2023 is almost the same as what happened in 2019 or the 4 year cycle, we'll see if there are any surprises bigger again in 2023 so prices can rise.
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dragonvslinux (OP)
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March 07, 2023, 01:39:24 PM Last edit: September 10, 2023, 12:50:28 PM by dragonvslinux |
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As an update to OP, here is the current outlook of 2019 and 2023 comparison (based on in proportion fractal and when the yearly low was created): ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F09%2F10%2Fm1Cmc.png&t=665&c=aqdt2gh0S-A1Mg) Source: https://www.tradingview.com/chart/BLX/9YmlWD6g-BTCUSD-If-history-repeats-itself/As you can probably just about make out, last month when price was at $25K we were very much in-line with the 2019 fractal, whereas now we are "falling behind" you could say. While I never expected this fractal to play out in exactly the same time-frame as 2019, as 2022 bear market was considerably different for starters, we are still within a bull flag consolidation at the highs. The invalidation of this fractal would likely be a break of $21.5K (previous high low). Whereas for now, price has continued to make higher highs and higher lows on short-term time-frame.
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Semar Mesem
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March 07, 2023, 02:47:14 PM |
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Have you take a look at the 2015 chart? I think that's the similar thing rather than the 2019 one. Not that I mind it because in the long term we will see all time high once again, it's just a matter of patience and your tenacity to make it alive in this bear market. Not always optimistic but always ready on both scenarios.
Yes, there are always surprises in investment, so as long as we prepare a plan for two scenarios, we will never panic and fall into a passive position. Cryptocurrency is just a game of patience, as long as whoever can endure it the best, the reward will go to that person. Many people say investing is not easy, but if you know how to wait patiently, it's easier than we think. I agree that cryptocurrencies are a game of patience, but the presence of spot exchanges certainly gives us the opportunity not to be missed if the price skyrocketes, for example after buying and then selling with a profit of 15% or more, as long as we are patient we will be profitable, unfortunately nowadays many people have it easy panicked because he saw FUDs on social media.
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Rabata
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March 07, 2023, 03:34:01 PM |
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Have you take a look at the 2015 chart? I think that's the similar thing rather than the 2019 one. Not that I mind it because in the long term we will see all time high once again, it's just a matter of patience and your tenacity to make it alive in this bear market. Not always optimistic but always ready on both scenarios.
Yes, there are always surprises in investment, so as long as we prepare a plan for two scenarios, we will never panic and fall into a passive position. Cryptocurrency is just a game of patience, as long as whoever can endure it the best, the reward will go to that person. Many people say investing is not easy, but if you know how to wait patiently, it's easier than we think. I agree that cryptocurrencies are a game of patience, but the presence of spot exchanges certainly gives us the opportunity not to be missed if the price skyrocketes, for example after buying and then selling with a profit of 15% or more, as long as we are patient we will be profitable, unfortunately nowadays many people have it easy panicked because he saw FUDs on social media. I corroborate what you have said. We should never invest in crypto depending on any news on social media. Because this type of fraud has spread widely in recent times. Especially with the advent of AI, their impact has increased. An investor should take a decision on his own based on his knowledge and after learning through various types of research. As far as I know, if some one trade depending on the signals given by others, he will face huge losses.
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carlfebz2
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March 07, 2023, 11:44:53 PM |
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Have you take a look at the 2015 chart? I think that's the similar thing rather than the 2019 one. Not that I mind it because in the long term we will see all time high once again, it's just a matter of patience and your tenacity to make it alive in this bear market. Not always optimistic but always ready on both scenarios.
Yes, there are always surprises in investment, so as long as we prepare a plan for two scenarios, we will never panic and fall into a passive position. Cryptocurrency is just a game of patience, as long as whoever can endure it the best, the reward will go to that person. Many people say investing is not easy, but if you know how to wait patiently, it's easier than we think. I agree that cryptocurrencies are a game of patience, but the presence of spot exchanges certainly gives us the opportunity not to be missed if the price skyrocketes, for example after buying and then selling with a profit of 15% or more, as long as we are patient we will be profitable, unfortunately nowadays many people have it easy panicked because he saw FUDs on social media. Depends on your actually since not all would really be just the same when it comes to long term investment approach on which there are people who are really that not that patient when it comes to their investment which means that they would really be tending to deal up with the price in short term manner which means that researching and in depth review is a must. Speaking about 2019 vs 2023 then we dont know if history would repeat or not but whether it would happen or not then always make yourself that versatile for whatever instances or things that you would be facing up. This market is unpredictable and there's no way that you could handle it out easily.
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Wong Gendheng
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March 10, 2023, 10:05:22 AM |
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Bitcoin is indeed unique and often the same and recurring trends, which is popular, of course, is a 4 -year trend price skyrocketing and then the following year drops, and if in 2017 the price skyrocketed and 2018 is in the lowest and at the end of 2019 starting recovery, hopefully in 2023 it can Like 2019 and towards recovery, it is natural that many people believe that the price will reach $ 50K at the end of the year.
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Hypnosis00
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March 10, 2023, 01:21:15 PM |
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Bitcoin is indeed unique and often the same and recurring trends, which is popular, of course, is a 4 -year trend price skyrocketing and then the following year drops, and if in 2017 the price skyrocketed and 2018 is in the lowest and at the end of 2019 starting recovery, hopefully in 2023 it can Like 2019 and towards recovery, it is natural that many people believe that the price will reach $ 50K at the end of the year.
And then we assume that everything goes the same as before and then think that the next ATH will be even higher than the last time. Whether it was right or wrong, nobody knows exactly but at least we take action and anticipate the upcoming bull season, and filling our bags is a great idea. But as we have seen the trend these days, the market is quiet, with no FUDs, no market drama like exchanges scams - perhaps it was very calm which I think was not good. I'd rather like to see the market full of drama to make it more appealing and active, and most of all, it attracts curiosity to the community and possibly bring more demand which could uplift the price.
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