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Author Topic: Bitcoin always fight back  (Read 656 times)
Ahli38
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October 11, 2023, 08:42:40 AM
 #81

When Ukraine and Russia conflicted, there was indeed a feeling of panic for every investor in crypto, but for those who were ready to bear the risk, they bought BTC, and indeed after that the price of BTC fell, followed by a fairly high increase, and for those who bought under $ 18k, of course it was quite large profits with capital and money and are ready to take risks.

However, in this world there are always disputes that cause crypto prices to fall and recently I heard about Israel and Palestine(Hamas) being in conflict. I think that with the emergence of this dispute, the price of crypto could potentially fall even further. and I hope that Palestine and Israel will have peace soon, I just read this news.
https://www.google.com/amp/s/www.cnbcindonesia.com/market/20231010070730-17-479243/konflik-timteng-bikin-trader-tarik-dana-pasar-kripto-rontok/amp

but I think BTC will potentially rise in price because soon there will be a BTC halving, and I hope crypto prices will quickly rise and improve.
Isn't this deja vu. I mean this conflict reminds me of the Russia and Ukraine war. At that time the same thing happened. That started with panic in the market with a fairly long decline. But then the increase occurred again within a short time. I think we should learn from that.

I also hope that all countries in conflict will make peace. But I don't want to comment on the current conflict. But I prefer to take advantage of the decline that occurs due to conflict in a country as an opportunity for me to continue DCA. I care about those who are now affected by the war. But we ourselves must also be able to adapt and take advantage of every situation in the market.

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xzy887
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October 11, 2023, 01:36:57 PM
 #82

Of course, bitcoin has been struggling since its inception. If you look at the history of bitcoin, you will realize that every time bitcoin has fallen, it has risen again. It's like a fight to survive. And so far bitcoin has stayed down, which is expected to make bitcoin fight back in the next year. And bitcoin will win this war too.
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October 11, 2023, 04:20:39 PM
 #83

Bitcoin shows already the possibilities and potential of it, now will depends on the people how they trust the Bitcoin people less interested with the bitcoin when the market is down but I guess it's a good opportunity to the people who trust it, this is the time for accumulate because halving is near, cutting the supply makes the bitcoin more valuable.
But take note that the bitcoin is volatile anything can happen but the bitcoin make a history already so it's up to you if you will trust it or not.

I think it has the trust of the people already, even government are into it, making it legal and there are some nations that fully support it, and then there are those in the middle and then those who doesn't want bitcoin because it gives so much power to their people.

However, for those of us who supports it, yeah, we've seen how the market is very volatile and yet we remain here because of the potential to make more money in the bull run. And we will enter that stage again next year, so it's going to be very exciting once again.
So governments adopting Bitcoin grants it gold ticket trustworthiness? How charming and simple. Bitcoin's story goes beyond government approval. Bitcoin has acquired confidence, but not just because governments and organizations have adopted it. Bitcoin is robust because of its decentralized structure and blockchain technology, which is why many people, including the government, cherish it.

Excited about the next bull run... Yeah, I've heard that song and dance. Market volatility is appealing. But expecting a future spike since it happened before? Thats like waiting for lightning to strike twice in the same area, right? Even if the past was oh-so-gloriously volatile, remember that past performance isnt a predictor of future results.

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NewRanger
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October 11, 2023, 04:33:48 PM
Merited by fillippone (1)
 #84

Bitcoin is robust because of its decentralized structure and blockchain technology, which is why many people, including the government, cherish it.

Excited about the next bull run... Yeah, I've heard that song and dance. Market volatility is appealing. But expecting a future spike since it happened before? Thats like waiting for lightning to strike twice in the same area, right? Even if the past was oh-so-gloriously volatile, remember that past performance isnt a predictor of future results.

Another thing is that BTC is very tempting to book profits and cash them out, considering that Bitcoin prices strengthened last year.

Yes, this may sound classic because previously investors have used precious metals as a way to diversify away from government-backed currencies, which is why investors are now starting to like Bitcoin.

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tjtonmoy
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October 12, 2023, 03:36:40 PM
Merited by fillippone (1)
 #85

This is the reason why I have moved from altcoins to Bitcoin. Bitcoin has proved it over and over again throughout the years that it has the potential to stand strong. Others may follow the same path as Bitcoin, but they are not 100% guaranteed. With Bitcoin, you can be assured that the price will rise up once it falls. But any other cryptocoin does not give you the same vibe.
Bitcoin is decentralized and that is the key. People can trust it because no one has control over it. But with other coins they are centralized and could be manipulated. But just to be safe be cautious about everything. Never invest all your money in one thing and try to diversify your investments. Anything could happen at any time. So take your decisions wisely.
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October 12, 2023, 03:59:38 PM
Merited by fillippone (1)
 #86

Quote from: tjtonmoy
This is the reason why I have moved from altcoins to Bitcoin.
You think, you make a good choice by quitting altcoins for only BTC investment, what if BTC price remain low through out 5 years and you need money to solve some problem, will you sell the BTC at low price that is not up to the price you bought the BTC, it would have be better to invest little on altcoins and invest big money on BTC investment to know that you can't miss the two opportunity at once.
Quote
Anything could happen at any time. So take your decisions wisely.
That is why, I still maintain the two investments till now because if BTC price is low and I need money to spend at the moment, I will sell my altcoins no matter how low the market price appear to me in the market but nothing will make me to touch my BTC until the price reach to my satisfaction before I will release them for sale.

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October 12, 2023, 08:56:17 PM
Merited by fillippone (1)
 #87

Of course, bitcoin has been struggling since its inception. If you look at the history of bitcoin, you will realize that every time bitcoin has fallen, it has risen again. It's like a fight to survive. And so far bitcoin has stayed down, which is expected to make bitcoin fight back in the next year. And bitcoin will win this war too.
Bitcoin is still able to rise after falling because there is more power that Bitcoin has through its increasing number of users, so that Bitcoin can still rise from the fall. In fact, it is more about everyone's increasing trust in Bitcoin so that it can have an increasingly clear impact on Bitcoin which makes many people no longer doubt Bitcoin's future. I don't see it as a war for Bitcoin, but rather it is about increasing everyone's trust in Bitcoin and making it a force to rise after falls.
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October 12, 2023, 09:12:43 PM
Merited by fillippone (1)
 #88

When I think of the few Bitcoin I have, it gives me joy.

For the past 2years I have been into cryptocurrency, I have come to understand that Bitcoin doesn't just give you value, it also gives you security, even last year February when i was just a few month old in experience, when the Ukraine Russian war drove down the price of Bitcoin to 15k most people lost hope. people where saying all sorts of discouraging word about Bitcoin and the crypto industry, I still have faith, and Bitcoin proves me right, he rallies back without remorse.

All In all,
All what Bitcoin have been through from the hand SEC, government and external issues that affected it,
It still stands strong,
 one of the best gift we can give to our children as inheritance is to accormulate as much Bitcoin as possible, because after now, the value will be priceless. Bitcoin is here too stay because it's the future of money
If you are just new then those are the one of the things which did really affect Bitcoin that much or simply the bear market and the bottom price that we do have.
Arent you aware on how many times Bitcoin died?

 "Bitcoin is Dead" Declared 400+ Times

https://99bitcoins.com/bitcoin-obituaries/

But we are still that standing strong upto decade which does simply shows out that we are really having a community which does have that huge trust and confidence towards Bitcoin.
Doesnt matter on what are those things that affects out its price but the most important thing is that it do still stood strong and still kicking on which it wont really be
sitting on #1 rank in overall market if it was shit.

Somewhat, the most important thing that you should bare in mind is that always invest on the amount on which you can afford to lose. No matter how good
looking or does have potential Bitcoin is, but still we cant really be able to assure on what would be the future holds. No one really knows and this is why
always set out those limits when it  comes to crypto investment.

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October 13, 2023, 01:51:19 PM
 #89

You think, you make a good choice by quitting altcoins for only BTC investment, what if BTC price remain low through out 5 years and you need money to solve some problem, will you sell the BTC at low price that is not up to the price you bought the BTC, it would have be better to invest little on altcoins and invest big money on BTC investment to know that you can't miss the two opportunity at once.
Invest only what you can afford to lose. That's the first rule when you are investing into Bitcoin. And using or selling the Bitcoin for emergency situation, what's up with that? I'm not interesting into Bitcoin so that I can tackle some of my emergency situation where I need money. But it is for the future to make profit from. I have other savings for emergency situation. Also, I have other businesses that I take care of for living which helps me to focus on long-term HODLing rather than sell it. The money I put into Bitcoin investment is what I can afford to lose, and I can wait as long as I need. I have other saving that helps me throughout the emergency situations. And I have other income source that provides me for daily living.
Crypto investment is not the only thing that you can diversify your investments. You can invest in physical assets or businesses too. So I took the safest route and went with Bitcoin. Because I have other ways to earn money. Altcoins are shit and you can't change my mind.
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October 13, 2023, 02:13:02 PM
 #90

I totally agree with what you're saying. It's actually one of the best investments you can make since the price consistently increases significantly. For someone who has faith in Bitcoin and holds it for a long time, I'm confident that one day they will profit a lot. I'm really happy to see people who have as much faith in Bitcoin as I do.

I can't wait for Bitcoin's new ATH and it might reach a substantial price, possibly exceeding $100k in a few years. It's an incredible opportunity for the new generation especially if you hold Bitcoin now and teach your kids how to use it in the future.
Bitcoin could be the best investment for only those who have understood bitcoin well, but for those who invest without knowledge but only greed, probably it will be the worst investment for them. However, no matter how the people will condemn bitcoin and say discouraging words, that won’t change the fact that bitcoin is one of the best and secured investments in the market. That’s the reason why even bitcoin is highly risky, a lot of people still chose to trust on it and invest for long term, without fearing that it could easily drop its value to its lowest point one of these days.

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