fzkto
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April 09, 2023, 06:15:28 PM |
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The increases and then following that the stagnant stuck price tells me just one thing; a break out is on its way. I believe that we will see the price go super high once again, just like how it went from 16k to 28k quickly, we may end up seeing it go from 28k to 38k or whatever quickly just like that as well.
It is going to end up being something that will take a long time for us to understand and realize. I am not going to end up understanding the whole point right away, but it will probably happen not too late. Maybe a few more months like this, probably not that much neither and it is going to end up with a good return when the breakout starts, so buying now is a good idea.
You have an optimistic viewpoint. I am also hopeful that bitcoin will make a breakout, but the fading volumes make me doubtful. If stablecoins don't start coming back into the market, then a correction may await us. Which would also make sense, because the market has been rising for almost four months in a row, which does not happen very often without a correction.
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imamusma
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April 09, 2023, 08:53:39 PM |
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You have an optimistic viewpoint. I am also hopeful that bitcoin will make a breakout, but the fading volumes make me doubtful. If stablecoins don't start coming back into the market, then a correction may await us. Which would also make sense, because the market has been rising for almost four months in a row, which does not happen very often without a correction. When you look back, we have been in a bearish phase longer than the price recovery over the last few months. I'm not saying it's an up trend, but it's a market recovery phase which is what it should be. I honestly think it was not feasible for bitcoin to trade under $20k for some time last year, I mean it was way too low after hitting $69k. Miners have to cover lot of costs for their mining operations and when bitcoin are trading below $20k, that's actually making them losers - imo. So instead of expecting correction after few months of recovery, you should expect this recovery to continue to break through $30k and above.
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Quidat
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April 09, 2023, 09:05:25 PM |
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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 going for long term in bitcoins price then checking out the market isnt really that much of a concern because whether it would really be going down then you cant really that make yourself that impulsive when it comes into its price on which you wouldnt really care that much since you are after on long term target or goal but when you do go after for a short time period then it would be an another story on which you would really be that too much in concern on where you should be selling on short term period. In overall, if you are really stepping your foot into this crypto space then you should really make yourself that prepared when it comes to volatility because this would be the main thing on why we are here on the first place.
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JoyMarsha
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April 09, 2023, 10:48:35 PM |
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In the world of crypto, it occasionally occurs that you acquire bitcoin at a high price and afterward wish you hadn't.
Such an occurrence has happened to me before. investing in an altcoin, not bitcoin. I hurriedly invested since I believed the altcoin I had in mind will skyrocket in value soon and I didn't want to miss it before it happened. I invested in it, and in the coming weeks, its price significantly dropped. I felt horrible about it, but I have to be decent and act normal because the bull run is coming.
Bitcoin investment works in this way; you can never predict when it will be cheap enough to invest in. The best and only thing you can do is invest money you can afford to lose and wait patiently for your investment to pay off.
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Baofeng
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April 09, 2023, 11:45:25 PM |
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In the world of crypto, it occasionally occurs that you acquire bitcoin at a high price and afterward wish you hadn't.
Such an occurrence has happened to me before. investing in an altcoin, not bitcoin. I hurriedly invested since I believed the altcoin I had in mind will skyrocket in value soon and I didn't want to miss it before it happened. I invested in it, and in the coming weeks, its price significantly dropped. I felt horrible about it, but I have to be decent and act normal because the bull run is coming.
Bitcoin investment works in this way; you can never predict when it will be cheap enough to invest in. The best and only thing you can do is invest money you can afford to lose and wait patiently for your investment to pay off.
Yeah, just like when we don't have the opportunity to accumulate when the price is less than $1k. I was here already when I see the price in the $700-$900 six years ago prior to the all time high of $19k++ in 2017. And then we have another opportunity in 2020, when it goes down hard because of the pandemic news and all of it's Covid-19 scare, at $3k++. So that will be the norm, or will have the same kind of fate last year, it was sub $20k, and hopefully there are investors who jump on that opportunity to accumulate because that price might not be available to us again. And with that, we should prepare, at least the price of today at $28k could still be in the middle grounds as a good price to enter. Again this kind of opportunity will not present itself and we can only look back at those opportunities that we didn't take advantage of because we think that the price is too expensive to us.
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Franctoshi
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April 09, 2023, 11:56:19 PM |
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Today after Bitcoin's price movement to 28k, Bitcoin is showing some sign of rejection at this critical resistance level of $28.5k, Using the 4 hourly and the daily candles, Bitcoin has previously taped into that zone so many times in the past and got rejected up to 8-13 times, and it has become a very concerned area to smash and get a breakout. While on the down side ,creating some liquidity at the 27.8k -27.6k zones, So, if the price failed to break out from $28.5k, then it is likely that this price movement is a move to get sellers trapped in the area to push the price down.
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btc78
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April 10, 2023, 12:41:05 AM |
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I have really undermine the price of bitcoin this time considering when I buy at a high price I can't even look at my capital twice because if sometimes I should just stop checking anythiny relating to bitcoin especially internet. What's your take on the price?
Then stop looking , easy at it is, because the more you check the market and your folio is the more you become bitter on how you invest in that higher price, but sooner when the recovery happens and recorded the new ATH? the feeling will change and this is as long as you are willing to hold and wait still.
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boltz
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April 10, 2023, 01:03:09 PM |
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Well , let's start with 2023 because this year is still on frenzy mode and anything can happen anytime when it comes to Bitcoin price , market reactions and more. So my take on the price for 2023 would be that Bitcoin might make another sudden drop in price. My guess would be around 15k and correction can occur by the end of the summer or even during the summer time because Bitcoin cycle always repeats itself in a way or another and normally we should have this price drop.
On the same time , we can hope that Bitcoin will break 30k$ range by the start of the summer and it will maintain above 30k at least for a couple of weeks , to actually break the bear market entirely and completely enter in the bull cycle period. Ohh man , I hope 2nd one will happen because if we have another price drop , 2024 ain't so bright as well.
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hyudien
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April 10, 2023, 01:24:20 PM |
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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?
Before you drop money into it, why not consider all the possibilities that will occur, even to the point where you have to be prepared to see estimates drop drastically? Then you really fall for FOMO and don't do the research to drop the money properly. I mean most of them when ATH is not starting to buy but ending to sell. So when you want to enter and place a purchase entry, you should wait for a bearish moment first. Do not rush just to see a momentary price increase. 5 years later you will definitely see the benefits again. But will that convince you? it is very difficult when you are determined but not accompanied by knowledge regarding the risks of investing in Bitcoin, whose value is very volatile.
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boltz
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April 11, 2023, 11:04:36 AM |
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What a sudden jump in BTC price ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) ! This right here , changes everything about the summer circle and the fact that we broke 30k today it means a lot for long term but also , where are the bears ? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) They couldn't stop the 30k mark and now , I think we are officially in a bull market ? We might be but let's see how current price will continue to act for the next couple of hours and days.
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Baoo
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April 11, 2023, 02:34:49 PM |
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Well, Bitcoin just broke $30K and it will possibly reach $35k in next few days however nothing is guaranteed. The crypto market is unpredictable, we should expect and get prepared for all scenarios. In my opinion, the next bull run is coming soon, it means if you have extra cash or an acceptable amount of stable coin, you have to convert most of the balance into Bitcoin before it’s too late.
In addition to that, sometimes we should avoid over checking media news and predictions, they might negatively affect us and our decisions. In fact, without having a multiple strategies or plans , it would be difficult to make large profit due to market’s condition changes in every period. The more you have strategies and self- control , the safer you are.
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Gladitorcomeback
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April 11, 2023, 05:11:09 PM |
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Don't get pressure while trading because it will not be better for you and I will give you advice that don't buy something for short term but buy coin for lengthy period of time. Bitcoin is that type of asset in which you do not have to check the price regularly because this will make you sick.
You can also join some groups in which there is always a discussion about the ups and downs of price so in this case you will not face any loss. Now the price is not as low but we don't know that whether it will increases in price more or will come back to it's lower worth but according to the crypto experts there will be a huge up in bitcoin price so don't sell your bitcoin and just keep it with hope of getting huge profit from it during 2024.
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justdimin
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April 12, 2023, 09:33:29 AM |
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What a sudden jump in BTC price ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) ! This right here , changes everything about the summer circle and the fact that we broke 30k today it means a lot for long term but also , where are the bears ? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) They couldn't stop the 30k mark and now , I think we are officially in a bull market ? We might be but let's see how current price will continue to act for the next couple of hours and days. I feel like bears finally gave up, they tried to make news about anything, bad news about FTX, bad news about Binance, bad news about CZ (interpol), they tried their best and eventually we knew that none of that mattered and we would be doing fine. Even just in 2023 we had periods when bad news happened, just look at trying to sell 10k bitcoins gotten from Ulbricth or whoever that dead pirate roberts dude, and postponed it after the price crashed, they just let the news out first to crash the market. We are done with all that and we are going to be doing fine. I hope that it does well soon enough and should be going even higher in price. Not a lot of people can say that about their future, but that is very important.
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DanWalker
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April 12, 2023, 10:03:41 AM |
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What a sudden jump in BTC price ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) ! This right here , changes everything about the summer circle and the fact that we broke 30k today it means a lot for long term but also , where are the bears ? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) They couldn't stop the 30k mark and now , I think we are officially in a bull market ? We might be but let's see how current price will continue to act for the next couple of hours and days. I feel like bears finally gave up, they tried to make news about anything, bad news about FTX, bad news about Binance, bad news about CZ (interpol), they tried their best and eventually we knew that none of that mattered and we would be doing fine. Even just in 2023 we had periods when bad news happened, just look at trying to sell 10k bitcoins gotten from Ulbricth or whoever that dead pirate roberts dude, and postponed it after the price crashed, they just let the news out first to crash the market. We are done with all that and we are going to be doing fine. I hope that it does well soon enough and should be going even higher in price. Not a lot of people can say that about their future, but that is very important. Nothing lasts forever, the market cannot go down forever, nor can it go up forever. The market is always there, bitcoin is still there, and only the investor is ever changing. Bitcoin has crossed the $30k mark and congratulations to those who believe in bitcoin and have reaped the rewards. While there's no guarantee everything will go well once we cross the $30k mark, let's celebrate and enjoy after a year of fighting the big bears. But do not be too subjective, the bears have never completely disappeared, they can turn the situation at any time.
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Hamphser
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April 14, 2023, 10:21:06 PM |
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What a sudden jump in BTC price ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) ! This right here , changes everything about the summer circle and the fact that we broke 30k today it means a lot for long term but also , where are the bears ? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) They couldn't stop the 30k mark and now , I think we are officially in a bull market ? We might be but let's see how current price will continue to act for the next couple of hours and days. I feel like bears finally gave up, they tried to make news about anything, bad news about FTX, bad news about Binance, bad news about CZ (interpol), they tried their best and eventually we knew that none of that mattered and we would be doing fine. Even just in 2023 we had periods when bad news happened, just look at trying to sell 10k bitcoins gotten from Ulbricth or whoever that dead pirate roberts dude, and postponed it after the price crashed, they just let the news out first to crash the market. We are done with all that and we are going to be doing fine. I hope that it does well soon enough and should be going even higher in price. Not a lot of people can say that about their future, but that is very important. Nothing lasts forever, the market cannot go down forever, nor can it go up forever. The market is always there, bitcoin is still there, and only the investor is ever changing. Bitcoin has crossed the $30k mark and congratulations to those who believe in bitcoin and have reaped the rewards. While there's no guarantee everything will go well once we cross the $30k mark, let's celebrate and enjoy after a year of fighting the big bears. But do not be too subjective, the bears have never completely disappeared, they can turn the situation at any time. This is where people should be realizing or bare up into their minds that the market does have two different paths to take or conditions which we would be able to experience which is upward or downward movement on which it would really be that understandable that we cant really just be going down like forever.This is why you should really be that wise on taking up your position on the time that the market would be having bearish sentiment or everything is declining or crashing because we know that this is the best time that we could really make ourselves to see the opportunity to buy cheap and wait up for the market to have that recovery and this is something that inevitable and this is where people do miss out those profitable positions just because they are really that hesitating.
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Sorryfor
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April 16, 2023, 01:29:57 PM |
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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?
Since you have invested in Bitcon from the higher market, due to which your money has decreased a lot. And now the market is increasing in this way, there is nothing to be disappointed in the market, the market is the most likely to reach level. The high position that you have invested in Bitcoin is the possibility of recovery. Currently the market has become a bit bull market, so you can keep full faith on Bitcoy. It has come to increase the market, so I think you invest in Bitcon and hold for a long time.
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Ultegra134
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April 16, 2023, 02:20:04 PM |
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What a sudden jump in BTC price ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) ! This right here , changes everything about the summer circle and the fact that we broke 30k today it means a lot for long term but also , where are the bears ? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) They couldn't stop the 30k mark and now , I think we are officially in a bull market ? We might be but let's see how current price will continue to act for the next couple of hours and days. I feel like bears finally gave up, they tried to make news about anything, bad news about FTX, bad news about Binance, bad news about CZ (interpol), they tried their best and eventually we knew that none of that mattered and we would be doing fine. Even just in 2023 we had periods when bad news happened, just look at trying to sell 10k bitcoins gotten from Ulbricth or whoever that dead pirate roberts dude, and postponed it after the price crashed, they just let the news out first to crash the market. We are done with all that and we are going to be doing fine. I hope that it does well soon enough and should be going even higher in price. Not a lot of people can say that about their future, but that is very important. Nothing lasts forever, the market cannot go down forever, nor can it go up forever. The market is always there, bitcoin is still there, and only the investor is ever changing. Bitcoin has crossed the $30k mark and congratulations to those who believe in bitcoin and have reaped the rewards. While there's no guarantee everything will go well once we cross the $30k mark, let's celebrate and enjoy after a year of fighting the big bears. But do not be too subjective, the bears have never completely disappeared, they can turn the situation at any time. Supposedly, some claim that there's little resistance for Bitcoin to reach $40,000, so I wouldn't be surprised if we see it happen in the upcoming months. However, the market could be compared to a cardiogram; it has its ups and downs and, in general, is unpredictable and also susceptible to a variety of external factors. I don't expect miracles to happen anytime soon; the current economic situation isn't helping investments at the moment, and thus, I wouldn't expect Bitcoin to thrive by surpassing the previous ATH anytime soon.
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South Park
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April 17, 2023, 03:33:26 AM |
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Nothing lasts forever, the market cannot go down forever, nor can it go up forever. The market is always there, bitcoin is still there, and only the investor is ever changing. Bitcoin has crossed the $30k mark and congratulations to those who believe in bitcoin and have reaped the rewards. While there's no guarantee everything will go well once we cross the $30k mark, let's celebrate and enjoy after a year of fighting the big bears. But do not be too subjective, the bears have never completely disappeared, they can turn the situation at any time.
We must be careful as people let hype to influence them too easily, last year was bad for bitcoin and there were some extreme pessimism back then about the future of bitcoin, this year has been a good one and suddenly some believe we could reach a new ATH even before the halving takes place, and neither of those postures is healthy or realistic, and this is a huge mistake as all markets reward the traders which understand them the best, while it punishes those which fail to do so.
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rodskee
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April 17, 2023, 03:58:12 AM |
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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?
then don't look at your folio mate, that will save you a lot because the chance of selling while at loss will gave you way of preventing this to happen. actually there are some of us(including me) that already a victim of wrong decisioning , and that is why I have less in checking my folio nowadays for not tempting to sell .
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bestcoins1
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April 21, 2023, 04:54:22 PM |
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then don't look at your folio mate, that will save you a lot because the chance of selling while at loss will gave you way of preventing this to happen. actually there are some of us(including me) that already a victim of wrong decisioning , and that is why I have less in checking my folio nowadays for not tempting to sell .
It's fine if you're not tempted to sell, but you should at least check your folio, though not as often. Because it can also help you at certain times, such as when there is a moment of increase that makes someone not suffer a loss if they want to sell it. But usually people who are not so tempted to sell early often get the best price when they sell, because when there is a price increase, almost everyone is talking about it so there must be a lot of people who will make a quicker decision to sell.
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