What is your take on the price?

[thecodebear]

Price is very low right now. The bear market JUST ended. Price may be low or average or high on a timescale of the next few weeks, impossible to tell. But on a timescale of a few months it's almost definitely very low now. And on a time scale of years it's a lottery ticket you already know has the winning numbers haha.

Only thing that's gonna keep Bitcoin low in this range over the next few months would be more regulatory/govt attacks on the industry. Though I expect price will still grind upwards the next few months even with that, it'll just be very bumpy.

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[Kadal Ijo]

Price is very low right now. The bear market JUST ended. Price may be low or average or high on a timescale of the next few weeks, impossible to tell. But on a timescale of a few months it's almost definitely very low now. And on a time scale of years it's a lottery ticket you already know has the winning numbers haha.

Only thing that's gonna keep Bitcoin low in this range over the next few months would be more regulatory/govt attacks on the industry. Though I expect price will still grind upwards the next few months even with that, it'll just be very bumpy.

The price is very low now is the right time for buying, there is no doubt that prices will continue to rise this year so that makes me sure this year will make a new price history, and today the price has risen by more than 4% and has the opportunity to continue to rise until it can touched $30k in march.

[irhact]

I have really undermine the price of bitcoin this time considering when I buy at a high price I can't even look at my capital twice because if sometimes I should just stop checking anything relating to bitcoin especially internet. What's your take on the price?

I think the price it's at this moment is okay because if we have gone higher before all the uncertainty in the market at the moment, we could have dropped hardly compared to where we are. People are just impatient and want Bitcoin to pump without realizing that we don't have the factors that'll sustain that pump since the market isn't bullish yet.

The only disappointing thing I will say about the price is that we couldn't cross $30k last weekend, I thought it was possible but it didn't happen and I just hope we can cross that mark because if that happens then some positivity can come into the market which will push the price further up.

[Jody.Drummer]

This is a risk that must be taken, especially when you say you are buying at a high price, then indeed the thing that is certain now is to wait because this is the most important thing unless you really want to be like the others by selling and regretting it in the end and that is wrong one thing is not worth it.
I think it's important that someone is aware of the risks and learn early about the fluctuations in bitcoin is like this because we won't even know what will happen. As for those who are currently trapped, one of the hardest things is to strengthen ourselves not to sell the assets we have and of course increase the load if indeed we have extra money.

I think the learning period would be easier if they start off with buying bitcoin and holding it. Sure you can keep learning more about it later on but it is better not to be late and just buy bitcoin and hold it. That way you would be sure that you are doing the right thing while learning what the right thing is later on.

Maybe they wouldn't know why buying bitcoin and holding it for many years is the right thing to do when they do it, but then they will have time to learn about it later on as well. If they start trading right away, that would be the hard part and I think that would be a trouble for most people and should be able to learn eventually but start with a big loss overtime.

That's an option in my opinion but on the side to avoid regret when buying at high prices like OP did, it's really not too wrong if we buy as hard and as we can, it's just that in this case there are still things that can be taken into consideration such as buy the dip for now considering that bitcoin is bound to fluctuate, what's wrong with expecting and buying a lower price isn't it.
But if indeed we don't have analysis because we are new people or beginners there will definitely be some risk of being left behind so another option of buying fast and waiting is to learn first before we are really in bitcoin.

[ethereumhunter]

Price is very low right now. The bear market JUST ended. Price may be low or average or high on a timescale of the next few weeks, impossible to tell. But on a timescale of a few months it's almost definitely very low now. And on a time scale of years it's a lottery ticket you already know has the winning numbers haha.

Only thing that's gonna keep Bitcoin low in this range over the next few months would be more regulatory/govt attacks on the industry. Though I expect price will still grind upwards the next few months even with that, it'll just be very bumpy.

The price is very low now is the right time for buying, there is no doubt that prices will continue to rise this year so that makes me sure this year will make a new price history, and today the price has risen by more than 4% and has the opportunity to continue to rise until it can touched $30k in march.

This is a great time to buy bitcoins because after its price rise reached a new ATH peak yesterday, there is a possibility that bitcoin will make another new ATH peak. And if it does happen again, maybe it will surprise us all because we never imagined the price could reach it's high again. We just hope that the price can go up at the end of this month and not experience another correction so that the price can go up even higher next month. But if we can't, it seems we can do nothing but keep accumulating more bitcoins.

[arwin100]

Price is very low right now. The bear market JUST ended. Price may be low or average or high on a timescale of the next few weeks, impossible to tell. But on a timescale of a few months it's almost definitely very low now. And on a time scale of years it's a lottery ticket you already know has the winning numbers haha.

Only thing that's gonna keep Bitcoin low in this range over the next few months would be more regulatory/govt attacks on the industry. Though I expect price will still grind upwards the next few months even with that, it'll just be very bumpy.

The price is very low now is the right time for buying, there is no doubt that prices will continue to rise this year so that makes me sure this year will make a new price history, and today the price has risen by more than 4% and has the opportunity to continue to rise until it can touched $30k in march.

This is a great time to buy bitcoins because after its price rise reached a new ATH peak yesterday, there is a possibility that bitcoin will make another new ATH peak. And if it does happen again, maybe it will surprise us all because we never imagined the price could reach it's high again. We just hope that the price can go up at the end of this month and not experience another correction so that the price can go up even higher next month. But if we can't, it seems we can do nothing but keep accumulating more bitcoins.

Although price is not as big as before and price starting to recover we cannot still be so sure if this is good time to buy since maybe there will be another series of backward movement of the market and that one is what we need to monitor so that we can get a high chance to earn when bullish situation came or even the halving season hype nearly occur. I believe to many things will still happen to the market so if you cannot afford to hold for 1 or more years better play with the market movement because this can make us earn more bitcoins.

[Ojima-ojo]

I have really undermine the price of bitcoin this time considering when I buy at a high price I can't even look at my capital twice because if sometimes I should just stop checking anything relating to bitcoin, especially the internet. What's your take on the price?

It has always been like that for most investors who does not take the time to monitor the price before they jump in, most people have this same sad story and the worst thing is not only buying at a high price but being impatient.

So we need to move on because at this time, no matter what price you bought bitcoin, is not too high considering what the price will be in the next couple of years from now.

[AnonBitCoiner]

I think you should not invest in bitcoin for short term because if you hold it for lengthy period of time then you will not be afraid of increasing and decreasing of cost. If you look for prolong price prediction then you should leave behind the current price and should think that whenever your profit becomes dual than your actual price you will sell your bitcoin.

It's reality that sometime you will get profit from bitcoin and sometimes you will loss you money. Everyone don't loss money through investment in Bitcoin because the know how to manage it and how to take decision according to price evaluation. You are afraid because you have little knowledge about it and I think that if you fully understand this thing you will be satisfied from your decision of buying and selling bitcoin.

[Nrcewker]

I have really undermine the price of bitcoin this time considering when I buy at a high price I can't even look at my capital twice because if sometimes I should just stop checking anythiny relating to bitcoin especially internet. What's your take on the price?

If you are investing in other coins except Bitcoins, then definitely you need to have to worry about many factors. But when you are considering investing on Bitcoins, then the other factors doesn’t matter at all. The reason for this is that, Bitcoins are limited in number, that is, more Bitcoins cannot be created or made. So this makes Bitcoins very much valuable. Now the marketcap of the coin is also very high. This indicates that the demand of the coin will also increase, as the time will pass. Hence, if you bought the coins at high price , then don’t worry as in a matter of time, due to the high demand the price will skyrocket and you will get your desired amount of profit.

[adaseb]

Seems that people are forgetting about the bank crisis. Basically yields are slowly going up and most markets are climbing. Today is a pretty good day in the stock markets. I am assuming it will stay like this until another bank collapses.

Bitcoin looks like it wants to test $30K. Most likely sometime this week. There is a huge buying going around in Asia due to the bullish government regulations there and I think after we break $30K, we will get more buying and might go even higher.

[jaberwock]

do you not have any strategy or have any spare cash so you just keep monitoring. Buying at high prices is a mistake you can make if you don't want to hold on long term. But if your goal is long term, it won't be a problem, you can still buy it again at a cheaper price. Don't just be price oriented, you also have to believe that Bitcoin is the best investment for the long term. you will still profit if the price returns to bullish and reaches a new ATH.

Actually he doesn't want to monitor the price or even check anything relating to Bitcoin because he can't accept the fact that his money is dropping. That is because he buy at highs before (he admits) but I think he already learned his lesson and said that is now waiting for the price to weaken first before he buy.

Buying low or buying at highs, we can not escape the volatility of  BTC and there is always a chance for our portfolio to go down but we should calm down and continue holding. Not checking the price often helps though, to avoid distractions perfect for long term holders but for those who do short term, they need to monitor the charts to know the best possible entry.

[CageMabok]

The price is very low now is the right time for buying, there is no doubt that prices will continue to rise this year so that makes me sure this year will make a new price history, and today the price has risen by more than 4% and has the opportunity to continue to rise until it can touched $30k in march.

There are only two days left for this March and Bitcoin still has not touched $29K. Yes, personally I am also still very optimistic that Bitcoin can touch $30K, but I am still not sure that this will happen soon at the end of this month because the boost and correction impulses in this month look almost equal and both things are still very likely happen in this month which is generally not long in coming.

[Wapfika]

There are only two days left for this March and Bitcoin still has not touched $29K. Yes, personally I am also still very optimistic that Bitcoin can touch $30K, but I am still not sure that this will happen soon at the end of this month because the boost and correction impulses in this month look almost equal and both things are still very likely happen in this month which is generally not long in coming.

March is about to end but it's now close in reaching 30k marks however even if it reaches that amount I still opt not to sell my bitcoin. I still plan to buy Bitcoin as much as I can before some big pumps happen in the future. It's indeed good sign that Bitcoin shows positive increase despite the economic crisis, bank problems and even there is still war in other countries since not all cryptocurrency is able to survive those problems. This shows that many investors still chooses to invest in Bitcoin even there is no news yet that can make the price hyped.

[Rigon]

For me, it is still a good price to buy, we are still in bear market, so consider it cheap. Of course the best time to buy is last year when we go down to $15,500 and that is the lowest low that we have in this bear market.

We are still mired in a bear market in the Bitcoin market. Yes, when Bitcoin reached $15,000 a huge opportunity to buy Bitcoin was lost. Maybe some people could use this opportunity.  Some people were waiting to buy a little less than this but they were not able to buy. But currently, the market is in a position to invest from this position, but it must be invested for a long time.

However, we can't go back to that price anymore, just like when we did see $3k'ish during March 2020 when we heard news about the whole pandemic. So you really have to think at the price right now, could be good entry point still and then wait till the next bull run 2024-2025. As per my experience, you should go with long term investment here.

Maybe we've lost the chance that Bitcoin won't hit $15,000 again. But no regrets we are moving to a better position very soon. I saw Bilaji Srinivasan in a news that day he said Bitcoin will be one million dollars in 90 days. Based on these words he held the bet. Maybe it's true that Bitcoin will be 1 million dollars in 90 days, I don't know. But how did he say it and take the bet? Anyway we will invest and wait. If necessary, we continue to wait until 2024 and 2025 for Bitcoin halving.

[aylabadia05]

I have really undermine the price of bitcoin this time considering when I buy at a high price I can't even look at my capital twice because if sometimes I should just stop checking anythiny relating to bitcoin especially internet. What's your take on the price?

First, what is the price when you buy Bitcoin?
Second, what was the motive behind you buying Bitcoin at that time?
Third, in your buying position, did you understand what the market situation was?

Not accusing you of buying Bitcoin at a high price as you call it compared to the current price is a possibility that you bought without having basic knowledge of how the market is traveling.
Don't trade, but Bitcoin is an asset to invest in.

[coolcoinz]

My take is the same it was months ago:

The bottom is in.
We will have a new ATH after the halving. Most likely in 2024, but there's maybe 30% chance it will happen in 2025.
The price will at the very least go above 30k this year, but there's a chance for 40k if more bank runs happen, or the FED starts printing.

I'm calm and confident. I don't have any immediate goals, expensive things that I have to buy. I have some things in mind but I'm willing to wait 2 years if I have to.

[Falconer]

Bitcoin looks like it wants to test $30K. Most likely sometime this week. There is a huge buying going around in Asia due to the bullish government regulations there and I think after we break $30K, we will get more buying and might go even higher.

After experiencing a correction a few days earlier, today's bitcoin continues to strengthen and strengthened more than 4% in the last 24 hours. I'm also expecting $30k even if there are some doubts about that for the rest of March. Optimism, of course, must be maintained even if it is clear that $ 30k is not achieved this month.

We've seen a lot of bank crashes so far, so there will probably be some people run to bitcoin instead of keeping fiat. This is likely to trigger the price to continue rising, so I hope this bullish area will persist.

[stomachgrowls]

I have really undermine the price of bitcoin this time considering when I buy at a high price I can't even look at my capital twice because if sometimes I should just stop checking anythiny relating to bitcoin especially internet. What's your take on the price?

Price is always been volatile and this what you should bare up into your mind and there's no way that the price would really be stable which you are engaging on a market which does have that moving up and down

of price which is something that people do make out money which is really just that typical.This is why on the time that you do step your foot into this market then it is really just that right that you should be prepared
for whatever risks that you would encounter.There's no way that you would be able to avoid such volatility and yet this is the main reason on why people do make money.
If you cant bare up the movement then this market isnt for you.

[eaLiTy]

I have really undermine the price of bitcoin this time considering when I buy at a high price I can't even look at my capital twice because if sometimes I should just stop checking anythiny relating to bitcoin especially internet.

I cannot fathom why anyone would wait for the price to rally to start investing when you had more than enough time to invest when the price touched its bottom and then complain that the price is consolidating than your investment value when you literally waited for the market to rally to make a move. The best investment is always simple, invest when the market is on a correction phase and then wait for the long term rather than making the same mistakes again and again.

[lixer]

Seems that people are forgetting about the bank crisis. Basically yields are slowly going up and most markets are climbing. Today is a pretty good day in the stock markets. I am assuming it will stay like this until another bank collapses.

Bitcoin looks like it wants to test $30K. Most likely sometime this week. There is a huge buying going around in Asia due to the bullish government regulations there and I think after we break $30K, we will get more buying and might go even higher.

That's probably right. SVB is back in the game again, their stock just picked up today which opened at $0.39 and is trading at $0.76 at the moment, that's almost a 100% rise in a day. So, it's probably a good day for the stock market as you said, and if the buying power on Bitcoin increases further, it will probably cross $30k even before when we expect it to.

It's having a hard time going to and above $29k at the moment, $28.8k has become the new resistance and only buying pressure can make it break through that, and then we might see it hit about $32k in a short span of time.