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Author Topic: What is your take on the pump coming?  (Read 1268 times)
JamesBorn (OP)
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April 13, 2023, 10:33:56 PM
 #1

I sense that very soon the pump will start to shame all those folks who feel btc is failed project. We are expecting the bullish price to pump 60k straight up even against all odds. Those who are well position for the market can see the evidence this night is already 30k plus. I can only believe that bitcoin will do better than ever, though not withstanding we should invest wisely while waiting the pump.

If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.
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April 13, 2023, 11:01:15 PM
 #2

I sense that very soon the pump will start to shame all those folks who feel btc is failed project.
If someone thinks BTC is a failed project, then it is not only when there is a bull run or the price starts to pump that they can be proven incorrect, the utility of BTC and ability to spend it proves them to be incorrect on a daily basis.
We are expecting the bullish price to pump 60k straight up even against all odds.

I do not expect to see 60k per BTC anytime soon, i think this kind of price and more will be possible after the next halving.
If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.
What plans? You do not have a hand in how the price moves. Dca is the best way to buy, and i think you should use it, so it won't matter if the pump happens soon or later on.

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Stalker22
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April 13, 2023, 11:02:38 PM
 #3

I am a bit more cautious about the whole situation. While I do believe that Bitcoin has the potential to do very well, I think that we should be careful not to get too carried away with our expectations. The market is always unpredictable, and there are no guarantees when it comes to investments. Do not get me wrong, I think that Bitcoin is a solid investment, and I am excited to see where it goes in the future. However, I also think that we should be mindful of the risks involved and not put all of our eggs in just one basket. As for me, I am more focused on long-term investments and building a solid portfolio.

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April 13, 2023, 11:05:23 PM
 #4

BTC had proven itself already.  Those who think BTC is a failed project just can't move on with their ideologies.

I do not think that Bitcoin will get pumped any time soon.  The increase in price is natural and is due to the demand of people.  We might be seeing an uptrend in price due to the positive and bullish sentiment of the market but I don't see $60k  in the coming weeks or this month.  The stated price is possible probably after the halving when Bitcoin starts its uptrend and rally of breaking and recording series of Bitcoin ATH.

If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?

Accumulating Bitcoin will obviously work out and give you profit if you hold until your target price is achieved.  But I don't think that the pump toward $60k will happen soon.  It might take sometime since Bitcoin has to get over $40k and $50k and $59k which is somehow a bit too high at the current market price and the effect of market sentiment.

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April 13, 2023, 11:48:51 PM
 #5

I sense that very soon the pump will start to shame all those folks who feel btc is failed project. We are expecting the bullish price to pump 60k straight up even against all odds. Those who are well position for the market can see the evidence this night is already 30k plus. I can only believe that bitcoin will do better than ever, though not withstanding we should invest wisely while waiting the pump.

DCA is the strategy 😜👌... accumulate using the strategy that doesn't cost anything to use. OP, for long, Bitcoin has always been attacked from different dimensions, and honestly, the Bitcoin price pump doesn't need to prove anything to them; rather, it only concerns us who invested in Bitcoin because our investment is making profit when the price is going up.


Quote
If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.

There are people who are not yet concerned with the pump, maybe because they have not accumulated enough. I am even the least person that is clamoring for these pump in price because I have not accumulated enough to my satisfaction, and by the way, can one get satisfied by accumulating? no! 

There was a lot of speculation last month for $30k, which happened this month. I don't really believe there is a pump coming so soon; we still have 7 months to end the year

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April 13, 2023, 11:57:58 PM
 #6

It's not an illusion but it's an inevitable scenario that we will face soon. We're on a cycle that will make the pump for bitcoin and then the rest of altcoins market will also come just the same.

If my plans works out am ready to buy more and store!
Then buy and DCA it because you'll never know if this $30k will be the lowest in the nearest future and you're planning didn't work. The year is still a long year and still has a lot of months to go. We might see too many situations that we're not anticipating but most likely, everyone is enthusiastic about the upcoming bull run.

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April 14, 2023, 02:04:31 AM
 #7

I sense that very soon the pump will start to shame all those folks who feel btc is failed project. We are expecting the bullish price to pump 60k straight up even against all odds. Those who are well position for the market can see the evidence this night is already 30k plus. I can only believe that bitcoin will do better than ever, though not withstanding we should invest wisely while waiting the pump.

If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.

Even if it's an illusion, if it doesn't happen, you should continue to accumulate and increase your bitcoin holdings. Because if bitcoin is not pumped now, it will surely be pumped in the future. As long as we hold on patiently, it's only a matter of time before bitcoin rises. I'm not too worried about the price in the short term because even if bitcoin hits $50k, that's still not my sell target.
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April 14, 2023, 02:09:57 AM
 #8



If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.
Obviously this is the kind of thread that will turn megathread if not locked earlier because the question is given generally .

One thing that I want to say is that since you have already a plan then there is no reason to ask things like this because if you trust bitcoin then buy  now and don't wait for others to give you their opinion because it is your money.

and about my take? you are taking this very soon, time will tell and it will take sometime before hitting back to 60k again and even 100k is possible .

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April 14, 2023, 02:18:31 AM
 #9

It is not a pump 40k-50k is what should be todays price.

If we get to 40-50k and run to 80k or 90k that's a pump.

I would sell everything if we go to 100k in may

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April 14, 2023, 02:34:43 AM
 #10

It is not a pump 40k-50k is what should be todays price.

If we get to 40-50k and run to 80k or 90k that's a pump.

I would sell everything if we go to 100k in May
The best position for those for accumulated at whatever price within this year is because 100k will really be a good sell position to maximize the profits.

89k-100k looks pretty cool to sell off, but till then, the accumulation continues because as you rightly said 30k-50k is not yet a pump that is significant to most entry points of investors but anything above the last all-time high should be a considerable price to sell off your position.

Those who bought Bitcoin at 60k+ are still in loss and 50k doesn't mean anything to those investors in that category.
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April 14, 2023, 03:43:50 AM
 #11

We are expecting the bullish price to pump 60k straight up even against all odds.
This is why most people fails especially on trading thinking it's just an elevator up. I'd say we can see some chops along the road to 60k, it will not be just an easy way up. I wouldn't doubt if we could see a retracement again at $28k or $25k before hitting all time highs this year or the coming years. Again, it will have some rocky roads just like what Bitcoin did in the pasts.
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April 14, 2023, 03:51:52 AM
 #12

Yes this is becoming similar to what happened in 2019. We hit a low in 2018 and then when we broke the resistance at $4.5K we rallied non stop to $14K pretty much. It started in April and ended in June or July. Basically tripped in price in a short order.

If we get something similar and end up at $50K next month then most likely it’s a repeat of 2019 and best to scale out. Seems like it might be an echo bubble which many are predicting. Same with stocks. They are also rallying like crazy but the world is still in trouble.

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April 14, 2023, 05:22:40 AM
 #13

If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.
Pumps might not be the right words to describe BTC because in my opinion pumps only happen a few times in a certain period and after that the price will drop very deeply because it doesn't have good fundamentals, while BTC increases because it has good fundamentals and when accompanied by good momentum price increase will occur.
The best preparation when waiting for the price to go up is to keep adding it to our portfolio because the price goes up but we don't have BTC, we will only be spectators and cheerleaders without getting any benefit from the market conditions.

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April 14, 2023, 06:16:33 AM
 #14

I sense that very soon the pump will start to shame all those folks who feel btc is failed project. We are expecting the bullish price to pump 60k straight up even against all odds. Those who are well position for the market can see the evidence this night is already 30k plus. I can only believe that bitcoin will do better than ever, though not withstanding we should invest wisely while waiting the pump.

This wouldn't be the first time they're declaring Bitcoin as a dead projects and won't be the last time too because In the future, when the price of Bitcoin will still drop then we'll have this same people calling it a dead project now, also call it a dead Bitcoin when that happens again but Bitcoin will still recover. Bitcoin has always dumped and pumped and that's how it'll be trading.

I think your prediction of $60k is too positive and that might not happen this year, maybe during the halving year or one year after that, we can reach the $60k price but not this year and to achieve that price, we'll have some months Bitcoin will dump and not a straight forward pump to $60k.

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April 14, 2023, 08:22:39 AM
 #15

I sense that very soon the pump will start to shame all those folks who feel btc is failed project. We are expecting the bullish price to pump 60k straight up even against all odds. Those who are well position for the market can see the evidence this night is already 30k plus. I can only believe that bitcoin will do better than ever, though not withstanding we should invest wisely while waiting the pump.

If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.

If you have a plan then better execute it right now, the price is still cheap because when we hit the bull run, we might see 6 digit figures. What you see is not an illusion, if you have been in the market for so long, you know that sooner or later the bull run will occur and no one can stop it.

As for shaming those who don't believed on Bitcoin, you don't need to rub it in. They already lost when they didn't see anything from it. However, we all know that Satoshi's creation is one of the best this century as it will disrupt the financial world, from average joe like you and me to those who are super rich and wealthy and those Wall Street guys.

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April 14, 2023, 08:28:41 AM
 #16

Bitcoin has had very good rallies, but that doesn't mean we will see a straight pump to $60k, it won't be that easy, I don't think it will happen this year. If you believe in bitcoin's 4-year cycle, we are only halfway there, so be careful with everything and don't be too subjective at this point. I still believe we're going to have some shaking this year, so I'd rather be on guard than celebrate too soon.

We don't need to worry too much about the price in the short term, I think it's more important to focus on accumulating bitcoin. The higher the Bitcoin, the harder it is to accumulate, so take advantage.

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April 14, 2023, 11:43:36 AM
 #17

I sense that very soon the pump will start to shame all those folks who feel btc is failed project. We are expecting the bullish price to pump 60k straight up even against all odds. Those who are well position for the market can see the evidence this night is already 30k plus. I can only believe that bitcoin will do better than ever, though not withstanding we should invest wisely while waiting the pump.

If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.

You will surely see it. But not yet. That's what you call risk in the market. If you're already accumulating positions and long, you won't lose any if you fearfully sell at a loss. I would say that hold your faith and convictions firmly that BTC is  not a failed project and will soon be at 60K so you won't get induce by selling in fear. But only sell at a positive gains until your target price has benn met.

We are expecting the bullish price to pump 60k straight up even against all odds.
This is why most people fails especially on trading thinking it's just an elevator up. I'd say we can see some chops along the road to 60k, it will not be just an easy way up. I wouldn't doubt if we could see a retracement again at $28k or $25k before hitting all time highs this year or the coming years. Again, it will have some rocky roads just like what Bitcoin did in the pasts.

Agreed, price must find rebalancing before taking another high in the market. It won't get there straight up. There would be stumbling blocks. There would be investors taking profits and retails selling positions which create retracement in the market. In any case, it will go up. Only patience pays.

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April 14, 2023, 12:04:54 PM
 #18

If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.
So now to buy more bitcoins because this is not a real pump even though the price is already above $30K don't wait for the price to go down because then no one will know whether it will go back down or even against all odds to be ready as the next pump his? We are clear that bitcoin is moving quite slowly at the moment.

I have no plans to buy bitcoins all at once as this is a bit difficult for myself and the finances while for DCA it is much better I will continue to do it before the real pump occurs and this should be my estimate of being above $70K and going up so on.

With the market returning to green, it indicates the market is healthy.

I would sell everything if we go to 100k in may
I'm ready to hit the SELL button Grin

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April 14, 2023, 12:59:23 PM
 #19

If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Let's hear from you.
I recommend that you review your plans again because they are based on very optimistic expectations and closer to dreams. We were at 16k a while ago and now at 30k, which is a long distance without a clear correction.

It is true that we can see prices such as 40k and even close to 50k dollars at best, but 60k seems very ambitious.

There are indicators that you should follow, such as:

  • US Consumer Price Index (CPI): It did not give a strong reaction, and thus the correction is near.
  • Rejection to break the next level: Rejection could lead the price of 32K to return to test the critical support level at 26k.

The next trend is bearish in the short term.


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April 14, 2023, 01:00:27 PM
 #20

I must say that the market follows the Bitcoins. And as we all can see Bitcoins are really in a great mood to pump. So yes for this pumping season, we need to be prepared. Bitcoins gonna surely rise high now, the reason is pretty simple. Bitcoins are limited in number and the demand among the people for the coin is increasing day by day. This can be simply demonstrated at any particular exchange, as there will be more buy orders then sell orders. So yes buy as many coins as you can in this pre pumping era, hold it for few months and sell in great price later on. This should be the planning for all the crypto holders.

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