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Author Topic: Do you think BTC would rise again?  (Read 1320 times)
tabas
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March 06, 2023, 01:16:26 PM
 #41

Normally I understand this wasn't the first time BTC has experience this down slide but then it was normally market situations but now many billionares has withdrew interest in this project, then what is the hope of this project? Do you think BTC will experience better and high price?
Of course it will still get higher price soon, don't forget about the halving. I think this concern of yours is always being asked by someone who's new to the market and I can't blame you for asking and being worried but I also asked the question before when I was new.
But then, experience will answer it that you shouldn't worry and this market is here to stay and eventually, those that you've mentioned will come back when the market is in bull run again and that's imminent.
If you've been here for years you'd understand it more. Way back in 2017's ATH, correction also occured which lasted for 2 years if I'm not mistaken and same thing could and could not happen this time given that there is no consistency with the market prices. Even recently wherein its market price was able to break and reach $25k from being as low as $15k. No one expected for such thing so same thing should go for its price decline. As investors we have to be oatient with this market. If we have to wait for another year, that is fine by me. It is potential we are betting of for this industry. But if you're worried because the market value changes from time to time, maybe this industry isn't for you.
It was just for 1 year(2018) and then 2019 came which was like part of the recovery year although nothing much happened until 2020. It's true that when a bear market comes, everyone is expecting it to be really terribly low. But as much as we're looking at it, the price movement of bitcoin is something better than of those years. We're even par with 2017's all time high and much higher than it. Can you imagine of how high it can go from the last ATH so, thinking that another ATH and bear market comes and comparing it with the past. It's possible in the future that the lowest could be par with the last ATH which is around $69k or if it goes lower, still that's a high speculative price in the future knowing that it could be a bear season.

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March 06, 2023, 01:19:14 PM
 #42

There is no doubt that bitcoin will rise again, the problem is that it sometimes takes a long time to rise, which makes many people panic and despair and sell bitcoin at low prices, but if we are used to investing in bitcoin, the price that drops like now is time best to buy more, don't be pessimistic because bitcoin can explode fast.
In conditions like today, not only do pessimists have to be thrown away, but optimism about Bitcoin must also increase while buying again before the price moves up. Slow movements like now are easier to make purchases, but for now don't forget to check out the latest news about the crypto and Bitcoin space so that there is added confidence in buying more Bitcoins. Although the impact of the bad news is now starting to wear off for Bitcoin and cryptocurrencies.

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March 06, 2023, 01:37:00 PM
 #43

Bitcoin always has the potential to rise again, in 2018 when the price dropped more than 60% made me impatient and sold all the bitcoins that I owned, but I was surprised because in 2021 the price skyrocketed to touch more than $ 50k even more than $ 69k at the end year. this proves that bitcoin has the potential to rise again.

I guess the OP is a newbie to the market and hasn't been through the bear seasons before, so it's understandable that he's scared, just like when we were newbies. Not only you but I believe many people in 2018 didn't believe in bitcoin and sold out, thinking it would crash and never recover, but eventually, bitcoin recovered and hit a new ATH in 2021.

As a newbie, when seeing such crashes, all will panic and worry about the future of bitcoin. I don't have any good advice for the OP, as there is no better advice than experiencing it for yourself, so I hope he can make it through this bear season.

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March 06, 2023, 02:01:24 PM
 #44

There is no doubt that bitcoin will rise again, the problem is that it sometimes takes a long time to rise, which makes many people panic and despair and sell bitcoin at low prices, but if we are used to investing in bitcoin, the price that drops like now is time best to buy more, don't be pessimistic because bitcoin can explode fast.
In conditions like today, not only do pessimists have to be thrown away, but optimism about Bitcoin must also increase while buying again before the price moves up. Slow movements like now are easier to make purchases, but for now don't forget to check out the latest news about the crypto and Bitcoin space so that there is added confidence in buying more Bitcoins. Although the impact of the bad news is now starting to wear off for Bitcoin and cryptocurrencies.
I agree with you, even though the price of bitcoin still tends to be stable with a slight increase, maybe in 2-3 years there will be an increase in ATH from BTC, because at this time the market is still afraid of investing in BTC so it seems to be holding back a little. But still DCA even though the market is still unclear where to go.

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March 06, 2023, 05:14:40 PM
 #45

There is no doubt that bitcoin will rise again, the problem is that it sometimes takes a long time to rise, which makes many people panic and despair and sell bitcoin at low prices, but if we are used to investing in bitcoin, the price that drops like now is time best to buy more, don't be pessimistic because bitcoin can explode fast.
In conditions like today, not only do pessimists have to be thrown away, but optimism about Bitcoin must also increase while buying again before the price moves up. Slow movements like now are easier to make purchases, but for now don't forget to check out the latest news about the crypto and Bitcoin space so that there is added confidence in buying more Bitcoins. Although the impact of the bad news is now starting to wear off for Bitcoin and cryptocurrencies.
I agree with you, even though the price of bitcoin still tends to be stable with a slight increase, maybe in 2-3 years there will be an increase in ATH from BTC, because at this time the market is still afraid of investing in BTC so it seems to be holding back a little. But still DCA even though the market is still unclear where to go.

DCA is a good choice, but you also have to understand why you are doing DCA. not just DCA, this strategy requires more capital resilience, so the more capital, the easier it will be to do DCA. It doesn't affect the root up or down, the most important thing is that within a predetermined period of time, you will buy gradually the same amount or higher than the previous purchase. here financial management plays an important role, if management is not carried out then the strategy is a bit messy. Don't be afraid that Bitcoin will continue to fall, the market is indeed volatile but there will be bullish times like before. Hold long term and enjoy the benefits.

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March 06, 2023, 06:08:19 PM
 #46

Judging from the long period of time BTC has not accumulate any impression, I doubt if people are still investing because of many policies formulating against cryptosystem no industries and firm wants to risk their capital again. Would the system remains this way?

Normally I understand this wasn't the first time BTC has experience this down slide but then it was normally market situations but now many billionares has withdrew interest in this project, then what is the hope of this project? Do you think BTC will experience better and high price?
There is not need to worry about bitcoin, I know that some newbies were expecting a faster recovery than what we are witnessing right now but the recovery speed we are witnessing is within the expectations of the most experienced traders, now if for you the volatility of bitcoin is too much and you are unable to deal with it we all get it and if needed be you can leave this market and invest in other markets that are not as volatile, but that could suit your tastes a little bit better.

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March 07, 2023, 12:36:19 AM
 #47

this kind of issue or speculation has been around for a few years, as has news about China and some other countries banning bitcoin and could cause the bitcoin price to crash. but in fact the bitcoin and crypto industry is alive and well and growing, even in 2021 bitcoin and most of the altcoins reach ATH.

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March 07, 2023, 02:35:16 AM
 #48

It will always rise in the end, there is no way that bitcoin would ever stay under 25k, or even under the ATH price as well. We are going to end up seeing the price go over the ATH price once again when the time comes, it is not going to be easy and right now, but it will happen eventually.

We just need to make sure that it is as quick as possible and not years later. Obviously most people think that it will pass the ATH price during 2025, mainly because halving is in 2024 and it takes about a year or so for it to reach above ATH after the halving. But I think it could be quicker than that, maybe this year or next year at most, which would be lovely considering how much higher it could get then.

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March 07, 2023, 05:01:08 AM
 #49

Judging from the long period of time BTC has not accumulate any impression, I doubt if people are still investing because of many policies formulating against cryptosystem no industries and firm wants to risk their capital again. Would the system remains this way?
Your doubts differ greatly from the number of percentages of people who are increasingly interested in investing in bitcoin, even many companies have adopted bitcoin as a measure of asset value deviation. How to try to interpret the formulation of the system and industrial and corporate relations, while bitcoin in particular has no policies that affect it, the bitcoin system has remained the same in the process of its journey and decentralization is its strength.

Normally I understand this wasn't the first time BTC has experience this down slide but then it was normally market situations but now many billionares has withdrew interest in this project, then what is the hope of this project? Do you think BTC will experience better and high price?
There is no comparative data that you provide here, that billionaires and people have withdrawn from investing in bitcoin. I agree that some people refrain from entering the market under certain conditions, but don't leave the investment and that's two different things.

Bitcoin will definitely experience a process of rising and falling in price, no one can control this problem and this is why bitcoin is considered to fluctuate. People should already have a reference to a better price for bitcoin going forward, because involvement in the investment has given them a lot of insight to infer.

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March 07, 2023, 06:03:25 AM
 #50

In bitcoin's nature, the price increase is a natural process, over time bitcoin will increase even higher.  Bitcoin's price action follows cycles in which reactive demand drives it.  I'm sure bitcoin will have an ATH in 2025, the harder it gets, the stronger bitcoin will be.  That has been proven in the past.  So, quickly buy and hold bitcoin because 1 trillion assets can come back at any time.  Of course, whatever goes through will take time to establish a market restructure - we're in the recovery and restructuring phase before the bull run.  It was a time when many opportunities opened up.

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March 07, 2023, 07:14:39 AM
 #51

Judging from the long period of time BTC has not accumulate any impression, I doubt if people are still investing because of many policies formulating against cryptosystem no industries and firm wants to risk their capital again. Would the system remains this way?

Normally I understand this wasn't the first time BTC has experience this down slide but then it was normally market situations but now many billionares has withdrew interest in this project, then what is the hope of this project? Do you think BTC will experience better and high price?

What makes you doubt that Bitcoin will not go up again? the crypto trend that is currently declining will not be a reason for Bitcoin not to rise again in the future. Crypto winter is a natural thing and we cannot avoid it. However, the crypto winter is not a factor that in the future Bitcoin will not rise again, it is just a normal trend, just like any other investment market. In fact I'm pretty sure that the Bitcoin price will not only go up, but will even pass its ATH, it's just going to take some time before that happens and it will.

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traderethereum
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March 07, 2023, 07:19:59 AM
 #52

Judging from the long period of time BTC has not accumulate any impression, I doubt if people are still investing because of many policies formulating against cryptosystem no industries and firm wants to risk their capital again. Would the system remains this way?

Normally I understand this wasn't the first time BTC has experience this down slide but then it was normally market situations but now many billionares has withdrew interest in this project, then what is the hope of this project? Do you think BTC will experience better and high price?
I believe people are still investing in bitcoin because they see the upside potential that will happen to bitcoin so they don't want to be left behind to take profits later.
Even if they have to wait until an uncertain time, they are willing to buy and hold more bitcoins because they believe what they are doing now will pay off big in the future.
That is why they are very happy when they see another drop in the bitcoin price and will use it to buy it again.
That will increase the number of bitcoins and they can later get that big profit.
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March 07, 2023, 12:10:40 PM
 #53

It will always rise in the end, there is no way that bitcoin would ever stay under 25k, or even under the ATH price as well. We are going to end up seeing the price go over the ATH price once again when the time comes, it is not going to be easy and right now, but it will happen eventually.

We just need to make sure that it is as quick as possible and not years later. Obviously most people think that it will pass the ATH price during 2025, mainly because halving is in 2024 and it takes about a year or so for it to reach above ATH after the halving. But I think it could be quicker than that, maybe this year or next year at most, which would be lovely considering how much higher it could get then.

I am also confident that bitcoin will recover and hit a new ATH in the future. But I would rule that out this year as ATHs are usually only created after the halving, and the economic situation is a strong factor in the price of bitcoin. The world economy is still volatile, with no signs of recovery, so it will have a negative impact on financial markets and including bitcoin. I will be expecting and waiting for a new ATH in 2025 or possibly early 2026.

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March 07, 2023, 01:36:34 PM
 #54

Bitcoin has a community of tens of millions of users so there are always opportunities for Rise Again even though at this time the price is on the floor, especially if we are long -term oriented, the opportunity for big profits, I have friends who sell cars in 2018 worth $ 15k and at that time can get About 2 BTC and in 2021 then he sold 1 BTC worth more than $ 45K and now he still has 1 BTC which he will sell when the price has reached $ 100K.
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March 07, 2023, 02:39:56 PM
 #55

Judging from the long period of time BTC has not accumulate any impression, I doubt if people are still investing because of many policies formulating against cryptosystem no industries and firm wants to risk their capital again. Would the system remains this way?

Normally I understand this wasn't the first time BTC has experience this down slide but then it was normally market situations but now many billionares has withdrew interest in this project, then what is the hope of this project? Do you think BTC will experience better and high price?
While many billionaires have lost interest in investing , many new investors are joining. The market is somewhat stagnant due to some scandals last year. Many are afraid of cryptomarket volatility but this volatility is one of its main features that would encourage an investor to invest.

There were at least 2 big scandals last year that had a significant impact, namely LUNA and FTX, of course this makes investors continue to be vigilant, I'm sure if there is no big scandal this year then the price will recover at the end of the year, of course this is my prediction and I hope it's true so we can get it soon selling bitcoins.

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March 07, 2023, 03:01:27 PM
 #56

Why not?

I mean from the start of it's existence, Bitcoin has been going up ever since. Yes we've seen some downward movements of it ranging from around ~60% to sometimes around ~80%, but whenever it's finished, it's price will go up again and surpassing it's past ATH. This is a proof that Bitcoin will always go up and up in price in the long run. The road isn't smooth, but it will definitely go up again.

I wouldn't be in this forum and would not trust Bitcoin if it will not rise again.

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March 07, 2023, 09:49:28 PM
 #57

Of course, it rises again and this is what it was shown recently. The price is looking good again, slowly increasing but at least we see the light for improvement which could lead to another ATH in the coming days. However, a dump is inevitable as well knowing the fact that Bitcoin is volatile and it happens again and again.

We can't expect an instant rise/recovery but we are sure that it will happen. We are certain of this because of the 4-year market cycle.

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March 07, 2023, 10:07:16 PM
 #58

Normally I understand this wasn't the first time BTC has experience this down slide but then it was normally market situations but now many billionares has withdrew interest in this project, then what is the hope of this project? Do you think BTC will experience better and high price?
Yes, I also assume that the price of Bitcoin will rise again. But that shouldn't be the most important thing.
Much more important is that Bitcoin has brought us freedom. We can send some value anywhere in the world at any time and nobody can stop us as long as we have bitcoin. Actually, this should be more important than the price of Bitcoin. Either way, I'm also happy when the prices go up again. It will certainly take some time, but eventually it will happen.  Smiley
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March 07, 2023, 10:32:52 PM
 #59

Judging from the long period of time BTC has not accumulate any impression, I doubt if people are still investing because of many policies formulating against cryptosystem no industries and firm wants to risk their capital again. Would the system remains this way?

Normally I understand this wasn't the first time BTC has experience this down slide but then it was normally market situations but now many billionares has withdrew interest in this project, then what is the hope of this project? Do you think BTC will experience better and high price?
Bitcoin is a kind of cryptocurrency that the increment or the decrement is not been determined by anyone, the increment of Bitcoin do come unexpectedly, so whosoever giving you assurance in any point in time that it's Bitcoin will rise or when Bitcoin fall is just a mere speculation, actually you can predict when Bitcoin is going to experience falling but the aspect predicting hundred percent of when Bitcoin will rise, i think it's not possible. So some of the information concerning Bitcoin price increase is not a reliable source.

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March 08, 2023, 02:50:49 AM
 #60

Judging from the long period of time BTC has not accumulate any impression, I doubt if people are still investing because of many policies formulating against cryptosystem no industries and firm wants to risk their capital again. Would the system remains this way?

Normally I understand this wasn't the first time BTC has experience this down slide but then it was normally market situations but now many billionares has withdrew interest in this project, then what is the hope of this project? Do you think BTC will experience better and high price?
While many billionaires have lost interest in investing ,
do you have data about this? many Billionaires lost interest in investing? how come and how many are them?

billionaires will never lose interest as long as there are a promise of profiteering .

Quote
many new investors are joining. The market is somewhat stagnant due to some scandals last year. Many are afraid of cryptomarket volatility but this volatility is one of its main features that would encourage an investor to invest.
scandals? again which are those?  calling those worldwide event as scandals? because if you are pointing about altcoins scams then that is not about Bitcoin .









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