Yatsan
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November 13, 2023, 08:36:39 PM |
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If you’re in doubt of investing not only to bitcoin but also with other assets, then take a pause. No one forces you to do so and you are more likely hyped by stories wherein investors made huge money from doing so. Much better is to invest first in knowledge and know what you are engaging yourself with, in order to avoid regrets at the end of the day. We know this technology’s potential however no one is certain of how will the market go, years after now. Given that some countries are still in doubt of its advantages, there would always be that risk. Although this isn't the first time Bitcoin is experiencing this kind of pressure, it happens almost all the time. So please I'd really need your contributions and ideas on what you feel or think would be the outcome of Bitcoin the remaining weeks of this year and most importantly, what would the new year have installed for Bitcoin? Personal opinion: I really don't care at all about what is going to happen to bitcoin in the next weeks, the next weeks is not a time frame, is just playing some game. If you are seriously into bitcoin you know we are here for the long run, and that means years, not weeks, so whatever is going to happen counts less than zero because in the long run it'll keep going up. Right. It is not exactly the bull run we're all waiting for. More like after years this mix of historical expectations, the hype around halving, and everyone crossing their fingers for the right ETF call will happen. Smart move to keep stacking those sats and you never know when things might kick into high gear. It looks more like a bull trap. If this is the expected bull season this I need to admit history doesn't repeat itself this time. Historical data shows a possible one last major correction before the halving. This rally is supposed to give investors confidence that the bull run has started which it hasn't. At least this is what many experts are saying and the facts and data they brought forward are correct. Let's see how the market behaves in the next two months. It will always be a 50-50 chance whether the market price would be corrected before the halving or it will just be playing to a high market price close to its ATH. The market before is different from the present which could create changes with the “pattern” we saw from the past.
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BenCodie
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November 13, 2023, 08:46:56 PM |
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If you’re in doubt of investing not only to bitcoin but also with other assets, then take a pause. No one forces you to do so and you are more likely hyped by stories wherein investors made huge money from doing so. Much better is to invest first in knowledge and know what you are engaging yourself with, in order to avoid regrets at the end of the day. We know this technology’s potential however no one is certain of how will the market go, years after now. Given that some countries are still in doubt of its advantages, there would always be that risk. Although this isn't the first time Bitcoin is experiencing this kind of pressure, it happens almost all the time. So please I'd really need your contributions and ideas on what you feel or think would be the outcome of Bitcoin the remaining weeks of this year and most importantly, what would the new year have installed for Bitcoin? Personal opinion: I really don't care at all about what is going to happen to bitcoin in the next weeks, the next weeks is not a time frame, is just playing some game. If you are seriously into bitcoin you know we are here for the long run, and that means years, not weeks, so whatever is going to happen counts less than zero because in the long run it'll keep going up. Right. It is not exactly the bull run we're all waiting for. More like after years this mix of historical expectations, the hype around halving, and everyone crossing their fingers for the right ETF call will happen. Smart move to keep stacking those sats and you never know when things might kick into high gear. It looks more like a bull trap. If this is the expected bull season this I need to admit history doesn't repeat itself this time. Historical data shows a possible one last major correction before the halving. This rally is supposed to give investors confidence that the bull run has started which it hasn't. At least this is what many experts are saying and the facts and data they brought forward are correct. Let's see how the market behaves in the next two months. It will always be a 50-50 chance whether the market price would be corrected before the halving or it will just be playing to a high market price close to its ATH. The market before is different from the present which could create changes with the “pattern” we saw from the past. That's right. It's also really hard to say due to the different ecomomic and geopolitical circumstances that we are under at this point in time, and where that's all expected to go. A dip before the halving would be great, but the sentiment s showing so many demand drivers and I am surprised the price isn't already higher: -etf news -war -halving leadup -money devaluation/continued debasement -troubling economic policy around the globe A correction and another buying opportunity would always be nice though I think it's a bit too unlikely at this stage.
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Gormicsta (OP)
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November 13, 2023, 09:23:56 PM |
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A correction and another buying opportunity would always be nice though I think it's a bit too unlikely at this stage.
100% correct, another dip would be an amazing opportunity for bitcoiners to buy before the halving because for sure after the halving there's gonna be a bullish run, one like none we've ever experienced before. Every dip is an opportunity for every bitcoiners to prepare for a bullish trend. So what could be better than a dip before the halving? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Vaculin
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November 13, 2023, 09:53:20 PM |
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If we based on the current market position, I can say that bitcoin is bound to hit a new all time high before this year ends. But this is just a pure speculation since none of us really knows what's the future of bitcoin days and weeks from now. But one thing is certain, if the market will be full of consistent positive market factors that will affect the price of bitcoin, then for obvious reason, bitcoin will keep the price surging high until the end of the year.
However, since bitcoin is highly volatile, then we should be more open of its price pump and dump, and never expect for a consistent price increase. But whatever the condition of the market in the next following days, bitcoin will surely be in align with it.
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oktana
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November 13, 2023, 11:59:39 PM |
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I remember being in a Facebook group where people were debating if Bitcoin would ever recover or if that was in fact the end of the world biggest Cryptocurrency Bitcoin. Inasmuch as I've witnessed similar events in the past years where Bitcoin walked down this same path I still couldn't help but have the thought "WHAT IF" What if this is actually the end of Bitcoin? What if I'm making the wrong choice still investing in Bitcoin? What if this, what if that... And honestly the Negative Vibes and tension in the air weren't really helping at all, but it appears as we all see now that Bitcoin has indeed recovered and taking a good turn now.
What if… Bitcoin hits $1, what if… Bitcoin is now $30, what if… Bitcoin is now at $200… Breaking news Bitcoin is $1,000… $10,000… $20,000… what if this is the end?… Bitcoin is now $40,000… $50,000… Breaking news, new ATH; Bitcoin has risen over $60,000! Trust me, all this question will do is kill your time. Right from when Bitcoin was created, it had naysayers, it had those set of people who were saying “what if” but as you can see, it’s been over a decade and you can tell that Bitcoin’s root only gets deeper and deeper.
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Rivaldine
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November 14, 2023, 01:47:55 AM |
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What if… Bitcoin hits $1, what if… Bitcoin is now $30, what if… Bitcoin is now at $200… Breaking news Bitcoin is $1,000… $10,000… $20,000… what if this is the end?… Bitcoin is now $40,000… $50,000… Breaking news, new ATH; Bitcoin has risen over $60,000! Trust me, all this question will do is kill your time. Right from when Bitcoin was created, it had naysayers, it had those set of people who were saying “what if” but as you can see, it’s been over a decade and you can tell that Bitcoin’s root only gets deeper and deeper.
Influencers have said loads of things about BTC and many of what they have said didn't come through. I have decided to keep my slate open in anticipation of whatever comes. While you are busy with speculations, you miss the fun in the industry, just my way of going along with what comes.
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BenCodie
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November 14, 2023, 09:06:30 AM |
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A correction and another buying opportunity would always be nice though I think it's a bit too unlikely at this stage.
100% correct, another dip would be an amazing opportunity for bitcoiners to buy before the halving because for sure after the halving there's gonna be a bullish run, one like none we've ever experienced before. Every dip is an opportunity for every bitcoiners to prepare for a bullish trend. So what could be better than a dip before the halving? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Well, just to correct one part of this...I wouldn't expect something unlike anything we have seen before. If you look at past cycles, you will see that each time the returns are diminishing. While they are still significant, I wouldn't expect returns to be the same. At the same time, the economic conditions are different. Institutional demand is also at another level. Average people are also taking things more seriously. These are possible reasons that it could be even more significant...though we should also realize that the market cap is much higher and therefore, these factors may just enable another successful bull cycle. Only time will tell!
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NotATether
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November 14, 2023, 09:10:03 AM |
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And from what I learned the U.S. Federal Reserve has hiked the interest rates with a 25-basis point to tackle inflation issues.
Fed raise interest rates, bitcoin price rises. Fed lowers interest rates, bitcoin price drops. Although it's not consistent but it follows a trend. Don't get me wrong, Bitcoin is independent and is not connected to the global financial system in any way, but the recent rise is happening because more people are buying other assets and getting rid of their dollars in the process, and it's not only happening to Bitcoin but to the other illiquid assets as well. Some people said it's because of the ETF applications but that was a short-term hype. The same happens when the reverse event occurs (i.e. interest rates are lowered), because it becomes cheaper to deal with cash again.
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blckhawk
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November 14, 2023, 09:26:16 AM |
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~
If you have strong belief about this possibility, then start collecting more satoshis if you have extra funds to use. Because such positive prediction will only matter if you have your own stash when the price starts to increase. As we are seeing these days, we finally see the 30k level again and it seems 40k is in the horizon. I am way ahead of you on that advice, I have 50% of my salary put into bitcoin no matter the prices, I know that even if I feel like I'm getting less value when I am buying right now, I still feel like I can get the profit because I am for the long-term in bitcoin so just hodling until I feel like selling is always going to be the best thing for me. I just hope that you're right about 40k being on the horizon, December can be a bad month too and if that is the case, we might see no recovery even until January because that is a particularly bad month for crypto.
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Magic-Money
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November 14, 2023, 07:48:51 PM |
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Bitcoin is the number one coin in the cryptocurrency market which many industries, company, institution and individual are depends on Bitcoin, which is the driven force of cryptocurrency market is Bitcoin and it required information to make money ahead in the crypto market space.
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kawetsriyanto
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November 14, 2023, 08:34:41 PM |
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100% correct, another dip would be an amazing opportunity for bitcoiners to buy before the halving because for sure after the halving there's gonna be a bullish run, one like none we've ever experienced before. Every dip is an opportunity for every bitcoiners to prepare for a bullish trend. So what could be better than a dip before the halving? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Sure. People who still have the intention to buy Bitcoin and prepare their asset, will be happy with another dip. They will try to buy again and again, they will fill their bags as long as there is still enough time. But for people who already prepared their assets and no longer interested to buy, they won't care with another dip. They even may feel inpatient to see more dips, they surely expect the price of Bitcoin to skyrocket soon. So, not every Bitcoiner feels happy with another dip, it depends on their situation.
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TakeItEasy
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November 14, 2023, 08:36:14 PM |
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I am way ahead of you on that advice, I have 50% of my salary put into bitcoin no matter the prices, I know that even if I feel like I'm getting less value when I am buying right now, I still feel like I can get the profit because I am for the long-term in bitcoin so just hodling until I feel like selling is always going to be the best thing for me. I just hope that you're right about 40k being on the horizon, December can be a bad month too and if that is the case, we might see no recovery even until January because that is a particularly bad month for crypto.
As that is smart decision, I had already put almost 70% of my total portfolio in the bitcoin, and I'm thinking of holding it for the next year when the bitcoin halving is there. Still I have much time to think of it, but this was just my earning even that I had already earn from the same bitcoin which I had invested previously when bitcoin was about $20k then it also got a sudden pump and there I had invested and sold at a good price and also book my profit. Also thinking of buying more if it comes below $30k but I didn't think it can fall below $30k. So, my opinion will be to store your 50% salary's amount in the bitcoin for a long term, don't try to rush on it.
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lalabotax
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November 14, 2023, 08:46:09 PM |
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.... "WHAT IF" What if this is actually the end of Bitcoin? What if I'm making the wrong choice still investing in Bitcoin? What if this, what if that... And honestly the Negative Vibes and tension in the air weren't really helping at all, but it appears as we all see now that Bitcoin has indeed recovered and taking a good turn now.
These are the thoughts of people who may not be really familiar with Bitcoin or people who have negative thoughts about Bitcoin. Also, people who pretend to like Bitcoin but don't really believe in it. Actually, it's simple. If you are still prejudiced by the various "what ifs" that you explained earlier, then don't invest in Bitcoin. Because however, there is still a high risk in Bitcoin, especially if we are not sure about this and it makes us easy to change our minds or panic every time Bitcoin experiences a price drop. This will be especially bad for your mental state. However, for people who believe more in Bitcoin and have experience, and can manage risks and emotions so as to avoid panic, I am sure that if whatever happens to Bitcoin, no matter how bad the news is, they will believe, and will still continue to believe in Bitcoin that there will be It's time for Bitcoin to bounce back and rise again drastically. And regarding the future which is of course uncertain and we all will not know how it will continue, then this will be beyond our expectations. We will never know what will happen in the future. Never mind about our investment in Bitcoin, our investment in various other things does not guarantee 100%, in fact we may not even reap the results of our investment because it could be that we are no longer in this world. So simply, if you are sure, keep investing, if not, stay away, because it will make you have a heavy burden. there is no zero-risk investment. As long as we can improve it, do it wisely
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Gormicsta (OP)
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November 17, 2023, 06:03:04 PM |
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Some people said it's because of the ETF applications but that was a short-term hype.
For sure the ETF applications did create a short-term hype but we all know that the impact of the ETF applications is far from short-term. Because when news breaks out about an ETF being rejected or approved by regulatory bodies, it can generate interest and speculations amongst Bitcoin investors which are going t be there for quite a long time. Let's assume an ETF is approved it sure would lead to increased buying activities and make Bitcoin more available and accessible to investors making the price to take a positive trend, and when an ETF is rejected, reverse might be the case and there would certainly be a decrease in market sentiments amongst investors and there is likely to be a dip in the price of Bitcoin because traders and investors market decisions are likely to be influenced by the news. And at this point this can't be considered to be a short-term hype.
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Blitzboy
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November 18, 2023, 07:14:14 AM |
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.... "WHAT IF" What if this is actually the end of Bitcoin? What if I'm making the wrong choice still investing in Bitcoin? What if this, what if that... And honestly the Negative Vibes and tension in the air weren't really helping at all, but it appears as we all see now that Bitcoin has indeed recovered and taking a good turn now.
These are the thoughts of people who may not be really familiar with Bitcoin or people who have negative thoughts about Bitcoin. Also, people who pretend to like Bitcoin but don't really believe in it. Actually, it's simple. If you are still prejudiced by the various "what ifs" that you explained earlier, then don't invest in Bitcoin. Because however, there is still a high risk in Bitcoin, especially if we are not sure about this and it makes us easy to change our minds or panic every time Bitcoin experiences a price drop. This will be especially bad for your mental state. However, for people who believe more in Bitcoin and have experience, and can manage risks and emotions so as to avoid panic, I am sure that if whatever happens to Bitcoin, no matter how bad the news is, they will believe, and will still continue to believe in Bitcoin that there will be It's time for Bitcoin to bounce back and rise again drastically. And regarding the future which is of course uncertain and we all will not know how it will continue, then this will be beyond our expectations. We will never know what will happen in the future. Never mind about our investment in Bitcoin, our investment in various other things does not guarantee 100%, in fact we may not even reap the results of our investment because it could be that we are no longer in this world. So simply, if you are sure, keep investing, if not, stay away, because it will make you have a heavy burden. there is no zero-risk investment. As long as we can improve it, do it wisely Your view on Bitcoin is similar to a basic truth about investing: how you think about it matters. Not only the asset, but also how the investor feels about danger and uncertainty play a role. Bitcoin's volatility and rank as a pioneer show how much risk someone is willing to take and how much they believe in something. The "what ifs" are real, but they're also fun. On the Bitcoin trip, its like surfing: skilled surfers can handle the waves, but beginners may have a hard time. What is the key? Figuring out the water, or in this case, how the market works. Managing your emotions and taking risks are very important. The future of Bitcoin? Uncertain, just like any other purchase. "If you're sure, jump in; if not, step back" are wise words. You have to know your boundaries, stand up for what you believe in, and follow your own rules. Remember that purchases are risky and there arent many sure things.
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krishnaverma
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November 18, 2023, 12:06:52 PM |
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No one can know the future, but unless a very flawed error occurs, Bitcoin will maintain a market value and thus a price higher than zero due to scarcity of supply and increased demand, but far from pessimism and caution against excessive optimism, we can say that at least the price of Bitcoin will reach 70,000 2021ATH, even if this were possible. It is an opportunity to easily double your investment. I do not want to be too optimistic and tell you that the price will be above 100 thousand, but in every investment, base your profits on what is expected by a large percentage.
There is opportunity to double your investment from here but we should also keep the risks in mind. If you do not want lot of risks, you should stick with traditional investment options only.
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Bushdark
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November 18, 2023, 03:55:57 PM |
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Bitcoin is the number one coin in the cryptocurrency market which many industries, company, institution and individual are depends on Bitcoin, which is the driven force of cryptocurrency market is Bitcoin and it required information to make money ahead in the crypto market space.
We need to be prepared for the bull market that is coming so that we can utilize the opportunity for us to make money from the market. The people that would make good profits from the market are those that already have Ben holding Bitcoin for so long before now. Those that bought Bitcoin at a very low price will make huge profits from the market since they will be able to sell their holdings at a very high price making the difference to be high.
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Fara Chan
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November 18, 2023, 04:17:54 PM |
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There is opportunity to double your investment from here but we should also keep the risks in mind. If you do not want lot of risks, you should stick with traditional investment options only.
Traditional investment also has risks, so those who like to do it must also understand the risks involved. Because of the many investment models that I have seen, it seems that no investment is free from risk, so this causes investors to understand it first before carrying out it with their own intentions in a more mature manner. Opportunities to multiply investments and profits always exist in the market as long as the moment is right and you know how to take advantage of it.
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3kpk3
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November 18, 2023, 04:18:34 PM |
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What lies ahead for BTC are ups and downs or rising and falling op simply put. The same goes for literally every other cryptocurrency out there. Excluding stablecoins, this is how all cryptocurrencies usually behave.
BTC will never go back to 0 though and it will probably settle in between the $30K - $40K in the near future.
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GbitG
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November 18, 2023, 06:22:12 PM |
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A correction and another buying opportunity would always be nice though I think it's a bit too unlikely at this stage.
Yeah, obviously, another dip will be classical for Bitcoin enthusiasts or investors because everyone knows that Halvving comes up on the head and only lies ahead for a fews months. And another thing is also to be noted: the current sentiment also shows that the bull rally started, and according to expert's analyst, the Bitcoin price will be the stand-up and hold itself on above 36k to 37k and move sideways between 36k and 39k, or maybe be above. So if we see Bitcoin from a price movement perspective, it is nearly in the hands of bulls, and the conclusion will be a massive gain in price. which fulfills the porpose of a goal-achiever. That is, those who are investors and are waiting for the bull to run in order to take their investment will achieve their goal (profit). So the point of saying this is that the dip before the bull run is the real time of entry because, after that, you don't have to be patient and you get quick returns on your investment. And real investors also have the same thought: the moment I take the entry, after that, I get a straight-forward, huge correction.
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