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Author Topic: Reason you still invest in BTC  (Read 271 times)
promise444c5 (OP)
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November 10, 2023, 06:08:42 PM
 #1

How many of you guys  entered at this current point


No doubt you guys should be smiling by now

Rhetorically why aren't you into BTC  Roll Eyes. This is even enough for you for you to get in before it pumps.

Make your research. Learn more and get into it ASAP

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November 10, 2023, 06:16:44 PM
 #2

Make your research. Learn more and get into it ASAP
There has been a lot of speculation that bitcoin will reach $110000 before 2026, while some people think bitcoin all-time-high will begin again by next year, 2024 and six digit is possible. Some people are speculating $170000 before 2025. One thing that I know is that bitcoin will reach six digit which is mostly certain.

Bitcoin price is still low buy now, worth buying it. I can even advise Nigerians not to save in naira as of now, bitcoin is better until bear market may start by 2026. Naira is not always better most of the time, I will prefer few bitcoin (just little amount), USD and some stable coins during bear market, and bitcoin in time like this and during bull market.

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.HUGE.
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Orpichukwu
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November 10, 2023, 06:24:38 PM
Merited by CryptopreneurBrainboss (2)
 #3

Many were lucky enough to enter even when the price was below $15,000, which they have been holding for a long time and are still not willing to sell. Even now that the price has gotten to this level, everyone has a target. Some people's target is for them to see bitcoin at a particular price before they can move to sell. Some targets are to accumulate a certain number of bitcoins within a certain period of time. We all buy for different purposes.
 
In short, we should not be swayed by the current price of Bitcoin and recommend that our relatives or friends invest in it. Just because the price is high now doesn't mean it will continue to rise in the coming weeks. If the price drops below what they bought it for and they're disappointed, that's not a good outcome. The best strategy is to increase the dollar-cost average (DCA) over time, and they should have started doing that earlier if they could. While we can't predict exactly when Bitcoin's next all-time high will be, it's certain that the price will drop before the next pump.

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November 10, 2023, 06:30:53 PM
 #4

There has been a lot of speculation that bitcoin will reach $110000 before 2026, while some people think bitcoin all-time-high will begin again by next year, 2024 and six digit is possible. Some people are speculating $170000 before 2025. One thing that I know is that bitcoin will reach six digit which is mostly certain.
From the look of things, it's obvious that bitcoin will keep increasing thereby, this risk is worth taking as no one knows what the future of bitcoin might portray, so this is a time of massive buying and hodling as bitcoin price may not dip till after the bull run though the speculations are high but however lets keep accumulating bitcoins.

Bitcoin price is still low buy now, worth buying it. I can even advise Nigerians not to save in naira as of now, bitcoin is better until bear market may start by 2026. Naira is not always better most of the time, I will prefer few bitcoin (just little amount), USD and some stable coins during bear market, and bitcoin in time like this and during bull market.
Using the naira to invest in bitcoins for now is the best experience anyone will wish to have so let's keep buying bitcoins now that the price is still considerable as the are lots of speculations that the price may go higher before the end of the year so the wisest thing to do now is to keep on buying.

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November 10, 2023, 06:55:39 PM
 #5


In short, we should not be swayed by the current price of Bitcoin and recommend that our relatives or friends invest in it. Just because the price is high now doesn't mean it will continue to rise in the coming weeks. If the price drops below what they bought it for and they're disappointed, that's not a good outcome. The best strategy is to increase the dollar-cost average (DCA) over time, and they should have started doing that earlier if they could. While we can't predict exactly when Bitcoin's next all-time high will be, it's certain that the price will drop before the next pump.
My advise for people is to buy enough. If they do not have enough money, they can DCA if they are salary earners. But if they have enough money and they want to invest, they can DCA or they can buy big. If bitcoin price will fall, it is an unrealized loss as 1 BTC equals to 1 BTC. United States SEC is closer to approve bitcoin spot ETF which could likely increase the price to over $40000. If bitcoin price fall, no disappointment if you can wait for like a year or two when bitcoin price would have increased significantly and likely reached six digits.

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Dripplurd
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November 10, 2023, 08:09:36 PM
 #6

Make your research. Learn more and get into it ASAP
There has been a lot of speculation that bitcoin will reach $110000 before 2026, while some people think bitcoin all-time-high will begin again by next year, 2024 and six digit is possible. Some people are speculating $170000 before 2025. One thing that I know is that bitcoin will reach six digit which is mostly certain.

Bitcoin price is still low buy now, worth buying it. I can even advise Nigerians not to save in naira as of now, bitcoin is better until bear market may start by 2026. Naira is not always better most of the time, I will prefer few bitcoin (just little amount), USD and some stable coins during bear market, and bitcoin in time like this and during bull market.


just wanna make this money out of bitcoin that is why i still want to invest in bitcoin i know it might be too late and difficult for me as a new investor but i will make sure that i make it out of this bitcoin because i beleive say i fit still make am from this bitcoin of a thing.
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November 10, 2023, 08:27:58 PM
 #7

Make your research. Learn more and get into it ASAP
There has been a lot of speculation that bitcoin will reach $110000 before 2026, while some people think bitcoin all-time-high will begin again by next year, 2024 and six digit is possible. Some people are speculating $170000 before 2025. One thing that I know is that bitcoin will reach six digit which is mostly certain.

Bitcoin price is still low buy now, worth buying it. I can even advise Nigerians not to save in naira as of now, bitcoin is better until bear market may start by 2026. Naira is not always better most of the time, I will prefer few bitcoin (just little amount), USD and some stable coins during bear market, and bitcoin in time like this and during bull market.
Many people in the world today don't know this and they still doubt the flexibility of Bitcoin and still fear since it's digital money but they don't know that Bitcoin is different than other digital money out there and it has proven this on so many occasions and hopefully it will do it once more again when Bitcoin price reaches another ATH. since I got here in this community I have learnt alot here like for example, before now I actually thought that Bitcoin was something that is used to scam people and decided not to even hear about it but ignorance and lack of knowledge can be the demise of every great man if you don't come out of it .

R


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promise444c5 (OP)
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November 10, 2023, 08:36:49 PM
 #8

. since I got here in this community I have learnt alot here like for example, before now I actually thought that Bitcoin was something that is used to scam people and decided not to even hear about it but ignorance and lack of knowledge can be the demise of every great man if you don't come out of it .

This show that  you're truly  a Nigerian Shocked,  A state of not knowing anything about crypto especially BTC makes people term it as a form of scamming  the masses  and believe me, most of scams comes from the tokens in which people have hope about its uprise but eventually  it falls. Thus, they spread the news of failure in crypto and remember  a news can't be same as reaching millions of people  compared  to its original source, then , you will hear them saying  Bitcoin is a scam Cheesy

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November 10, 2023, 10:37:44 PM
Merited by CryptopreneurBrainboss (1)
 #9

If there is one reason why I still invest in Bitcoin, it's because there is still a great possibility that Bitcoin will live as a fruitful means of investment for a very long time. Also, unlike other investments, Bitcoin has two known seasons, which are the bear and the bull seasons. The bear market gives investors the opportunity to acquire Bitcoin at a very low price, while during the bull market, they have the opportunity to sell at a high price and take their profit. Bitcoin is an investment that you don't need to involve any third parties with. I can have as much as 100 bitcoin, and no one will know if I don't tell you.

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November 10, 2023, 11:39:13 PM
 #10

How many of you guys  entered at this current point


No doubt you guys should be smiling by now

Rhetorically why aren't you into BTC  Roll Eyes. This is even enough for you for you to get in before it pumps.

Make your research. Learn more and get into it ASAP

If there should be a reason for you not to buy bitcoin at the price it is now, it should be because of lack of funds. If you are still waiting for the price to come down you’ll be missing on buying it this low. The price is currently in a stage of bullish form and there’s no sign of it coming down now. Bitcoin has been envisioned by many analysts that it will exit six figures after the nest bull run. The price is not even yet $50K, so buying now is still a very good time if you’re going to be holding for long till after bull run

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November 11, 2023, 12:48:24 AM
 #11

How many of you guys  entered at this current point


No doubt you guys should be smiling by now

Rhetorically why aren't you into BTC  Roll Eyes. This is even enough for you for you to get in before it pumps.

Make your research. Learn more and get into it ASAP

I see enough reasons of buying bitcoin now, anyone that is still doubting if bitcoin will drop is thinking otherwise. Bitcoin was at ATH of $69 as at last bullrun and falls down below $20k to $15 earlier this year I think BTC is trying to recover it's lost Glory, and it might surprise us by not falling below $30k or $36 this time. This price you guys are seeing now might be the last time you might see BTC to be low compared to the upcoming amount. Since BTC bullrun is always a four year circle, I think whosoever that has money should try it's Best to buy now an never have a second thought that BTC might fall below again because this might be the last time you will see bitcoin to be low. You might still regret that I had the opportunity to buy it when it was as low as $36k. If Bitcoin is soaring to climb $110000 like as @charls Tim said by analysis, not only did he said there are other evidences to prove that Bitcoin might still hit $1million in the future so no need to be afraid.
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November 12, 2023, 02:02:53 PM
 #12

I will also invest in bitcoin despite the volatility which is a major setback and encouragement for some investors, the value of BTC has always been better than any other currency, be it virtual or fiat itself, is just that people misunderstand this currency, volatility doesn't mean that bitcoin wouldn't rise in the price, it simply means that the price is unstable, it can rise and fall at anything, that's the price prediction is uncertain, have you ever wondered why some people that missed the opportunity in the passed still regret it, don't you think that they have done analysis and confirm that this currency remains the best investment so far, op, the best decision that anyone will make now, is to continue accumulating, as long as their is fund set aside for it.

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November 12, 2023, 04:29:14 PM
 #13

If there is one reason why I still invest in Bitcoin, it's because there is still a great possibility that Bitcoin will live as a fruitful means of investment for a very long time. Also, unlike other investments, Bitcoin has two known seasons, which are the bear and the bull seasons. The bear market gives investors the opportunity to acquire Bitcoin at a very low price, while during the bull market, they have the opportunity to sell at a high price and take their profit. Bitcoin is an investment that you don't need to involve any third parties with. I can have as much as 100 bitcoin, and no one will know if I don't tell you.
people belive him bitcoin and na why you see say people wey they invest in bitcoin they increase every blessed day because the thing go give better money when time reach. and plenty people take advantage of this bear market waiting patiently say bull run go come very soon. because the last bull run people see waiting happen so nobody wan lose this opportunity at this point, for those wey don buy or they plan to buy make them try hold because cash go they.

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November 12, 2023, 08:32:25 PM
 #14

But truly oo the way bitcoin price take dey run go up lately even as people last two months ago don predict say the price go crash back go 15k still dey surprise me because normally the price dey drag towards the year before halving or e go kuku crash. At least we remember the crash wey happen for 2019 wey price touch around 3,500 before halving for 2020. But this year price just dey go up and next year na halving, this signify say market go sweet next year and 2025. Buy hodl hodl and hodl.

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November 12, 2023, 09:10:37 PM
 #15

But truly oo the way bitcoin price take dey run go up lately even as people last two months ago don predict say the price go crash back go 15k still dey surprise me because normally the price dey drag towards the year before halving or e go kuku crash. At least we remember the crash wey happen for 2019 wey price touch around 3,500 before halving for 2020. But this year price just dey go up and next year na halving, this signify say market go sweet next year and 2025. Buy hodl hodl and hodl.
I think there is enough FOMO in bitcoin investment right now that’s why the price is going up the way it’s doing lately. Moreover I will saying that bitcoin is highly unpredictable, people can only speculate but as you and I know bitcoin dey defy economics principles and e dey operate on it’s own principles. My advice to all potential bitcoin investors is don’t go all in at once and don’t FOMO.

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November 12, 2023, 10:38:58 PM
 #16

I am certainly no relied on speculations or rumours because there would be no one to hold responsible if I looses but relying on myself that if it eventually fails me I would pick a predictive experiences on the process as I have myself to be blamed.
We are all into this crypto world together and the program of Bitcoin is definitely unpredictable on its possibilities in the nearest.

However, I invested in Bitcoin because I have a goal interest to make profits and also assigns to diversifications of portfolios where to have a long term investment at the readiness for my retirement and I am still holding my Bitcoin despites the increments in the market value yet I am expecting a speedy pump.

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November 13, 2023, 10:31:18 AM
 #17

  The future of Bitcoin is very bright and so one needs to keep investing no matter  how little you have because you never can tell what will happen next.
  Now that the price of Bitcoin is increasing, don't be discouraged or don't wait for when it will drop,for now you can buy and accumulate as much as you want to accumulate Bitcoin because after the dip comes the bull run ,also the speculation that Bitcoin most certainly will reach six digit in 2025 and 2026 .investing for a long time makes you get more wealth and so investing at anytime and stage in Bitcoin is lmportant.
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November 16, 2023, 06:21:09 AM
 #18

How many of you guys  entered at this current point

No doubt you guys should be smiling by now

Rhetorically why aren't you into BTC  Roll Eyes. This is even enough for you for you to get in before it pumps.

E dey hard to catch the bottom of the market, make e no surprise you say na exchange bots na wetin buy at those prices wey you dey see so (a majority of exchanges get bot wey dey make their platforms dey active by creating small buy and sell orders to make it look like there are active traders on their exchange every second of the day). The exact entering point no matter because even though you been enter few dollars after the bottom like for $20k or so you go still dey inside profits. No just use the profits of Bitcoin rush give people's advise to buy Bitcoin. If you do like dat, then get ready to receive the blame when the market no favor them. Also you dey the wrong platforms because many (if not all of us) here are already invested in the market and that's why we're here. Maybe we fit no dey buy Bitcoin directly but we dey earn am here.

But truly oo the way bitcoin price take dey run go up lately even as people last two months ago don predict say the price go crash back go 15k still dey surprise me because normally the price dey drag towards the year before halving or e go kuku crash. At least we remember the crash wey happen for 2019 wey price touch around 3,500 before halving for 2020. But this year price just dey go up and next year na halving, this signify say market go sweet next year and 2025. Buy hodl hodl and hodl.

Belike you make mistakes oh because I remember say na COVID-19 year na when Bitcoin crash that low. Also remember when everybody been dey talk say Bitcoin go cross $100k for 2021 during the bull market but e no do like that. Also remember people been dey think say 2021 bull market go dey like 2017 bull market wey get the last leg run for the last quarter of the year but e no be like dat. Wetin I dey try reasons you na say the market get him own mind, e no dey do wetin people dey think but wetin e feel like doing so next year fit come and Bitcoin no rise like that so make we get that one at the back of our mind too since the market just dey do anyhow this days.

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November 16, 2023, 09:24:52 AM
 #19

The reason why I dey invest my money in Bitcoin is that Bitcoin na one digital asset wey dey make people rich if you buy am for bear market come get the mind to hodl am to reach for the bull run market, you go see how your life go change for better. And another reason wey I dey put my money for bitcoin too, na because bitcoin dey give me full control over my money and nobody go tell me the quantity of Bitcoin I go withdraw if I want to withdraw am, just like wey thing dey happens for our banking sector. For instance, if go inside bank and say you want to withdraw 100k Naira, they will tell you say na only 30k Naira you can withdraw for your money. With Bitcoin, you go get Bitcoin wey worth billions of Naira nobody will watch you because they do not know say you get this kind of money for your Bitcoin wallet.
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Rhetorically why aren't you into BTC  ). This is even enough for you for you to get in before it pumps.
My advice for people wey dey buy Bitcoin with the DCA strategy is to continue to dey buy Bitcoin with DCA, no need to mess up your DCA plan and jump in with a lump sum buy because you think say Bitcoin will not fall again. There is still enough room to buy Bitcoin because Bitcoin halve never happens, and even though the Bitcoin halve takes place next year, from the history of Bitcoin setting a new all-time high it will take Bitcoin like six months after halve to set another record of ATH. If you are a salary earner, just wait until you get your salary to dey buy Bitcoin small small dey hodl, no go sell wey thing you no supposed sell to invest in Bitcoin.

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November 16, 2023, 10:52:10 AM
 #20

How many of you guys  entered at this current point


No doubt you guys should be smiling by now

Rhetorically why aren't you into BTC  Roll Eyes. This is even enough for you for you to get in before it pumps.

Make your research. Learn more and get into it ASAP

With the way we have always been seing the bitcoin market going, it's enough an indication to serves as evidence to why we should take bitcoin serious and Invest, it's something that if those not investing in bitcoin had Known what they are missing, they wouldn't have doubted any attempts on trying to adopt bitcoin for once, those that have been into bitcoin already are enjoying the benefits of adoption and couldn't afford missing any opportunity out.
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