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Author Topic: As bitcoin is rising what is your plans  (Read 503 times)
Dzwaafu11
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November 16, 2023, 06:25:39 AM
 #41

When you check you will see that bitcoin price is rising day and night and what price do you think that will be maximum price of bitcoin this year and before we enters 2024,

Don’t forget, the market is unpredictable. Nobody will tell you how the bitcoin price will be before the end of this year or 2024, so therefore, you can wait. This year is almost over if you haven’t purchased. You can do that even now with the current price. It's still never too late. Don’t you think the market may dump again before it’s reached ATH?

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and again what will you advice people to do as the price of bitcoin is increasing, will you advice people to buy now or will you tell people around your neighbourhood who is lovers of bitcoin to wait until the price is down before you buy bitcoin, as a cryptocurrency investors I will like you to make sure you have drop your own suggestion of the price poll of bitcoin this ending of year 2023 December 31st

I’m still expecting the price of bitcoin to pump up more than it’s current price, so even now, if I have money to invest more in bitcoin, I will do that. I’m expecting bitcoin to surpass $50k, so even now if you have money, you can still invest if you wish to do that; it's still never bad, and you will get your money back with profit. However, I won’t tell anyone around me to invest or sell their bitcoin. If I say they should wait till the market dumps and the market rises, it will be a problem. At the same time, if I say they should wait until the market dumps, it will still be a problem, so it is a matter of choice.

R


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November 16, 2023, 08:04:09 AM
Last edit: November 16, 2023, 07:31:50 PM by Mayor of ogba
 #42

Even though the Bitcoin price is on the rise I will still advise anyone who is okay with investing his money in Bitcoin to continue investing in Bitcoin with the DCA strategy because Bitcoin will not set a new all-time high this year, this period is one of the best time to invest in Bitcoin and hodl for a long term. If anyone sells his Bitcoin now that person might regret it because the Bitcoin halving is expected to happen next year in April, and only when this has happened, it's when Bitcoin will be getting ready to set a new all-time high in a couple of months after the Bitcoin halving has happened. Just keep on DCAing on Bitcoin till the next halving.

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November 17, 2023, 09:39:28 AM
 #43

I'm not a big amount investor beacose im a student and i don't have income source. Some time i do gambling and I earn home amount from this forum. I'm holding the amount for increasing Bitcoin prise. Beacose I have a dream my dream is start something my own. I want to start my own business. I belong from a middle class family that's the reason my family don't give to full amount of money I needed for star business. That's the reason I'm holding and let's see what's heppend in future.
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November 17, 2023, 06:33:32 PM
 #44

When the price of Bitcoin is rising, it can be tempting to buy more and ride the wave. However, it's important to remember that the cryptocurrency market is volatile and that prices can go down as well as up. Therefore, a good plan for when the price of Bitcoin is rising should include both caution and strategy. It's important to consider factors such as your personal risk tolerance, your long-term investment goals, and the overall health of the cryptocurrency market. Additionally, it's a good idea to diversify your portfolio so that you're not overly reliant on any one cryptocurrency.


In addition to the points mentioned above, a few other things to keep in mind when Bitcoin is rising include:
- Ensuring you understand the risks involved, such as the possibility of losing money if the price of Bitcoin drops.
- Setting realistic expectations and not getting caught up in the hype.
- Evaluating the fundamentals of the cryptocurrency you're investing in, such as its use cases, its adoption, and its team.
- Staying up to date on news and developments in the cryptocurrency space, including changes to regulations and technology.
These are just a few examples, but they illustrate the importance of having a plan in cryptocurrency price rising...
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November 19, 2023, 01:12:06 PM
Merited by fillippone (1)
 #45

When you check you will see that bitcoin price is rising day and night and what price do you think that will be maximum price of bitcoin this year and before we enters 2024, and again what will you advice people to do as the price of bitcoin is increasing.

Where Bitcoin wan fall go again, even though e fall, chances dey say e go increase as halving dey come so oh so if you go dey procrastinate na yourself wey you dey do because Bitcoin go continues dey increase. The time wey Bitcoin been dey low dun pass, like dis we dun dey commot the bear market so na up up wey Bitcoin go soon start dey go. Halving na just next year and people dey rush dey buy and hodl because dem know how e dey be during the bull market. If person wan invest no pursue am say make him come back when market go dey low but help am make him invest but teach am things wey him go need know as Bitcoin investment nobi wetin you go put money wey you go need urgently inside. Make him just invest small amount and hodl like others. If the market fall na luck for ham and make him buy more but no go dey wait for market to fall before you buy.

Normally time don pass wey people go say make we wait make Bitcoin drop small before we go buy, except the person no ey follow market trends, asides Bitcoin halving self, make we talk about the Bitcoin Spot ETF matter wey dey ground for SEC table, imagine say SEC mistaken approve any of those ETC applications wey them send, imagine how investors go carry follow up Bitcoin, all those top top investors them, imagine the kind shoot wey Bitcoin go shoot. Omo me I dey always talk say anybody wey get an for mind to HODL Bitcoin make e no wait oo, na to buy am now because if en dey expect Bitcoin to drop pass like this, e go wait tire oo. Cheesy  Grin
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November 19, 2023, 02:04:39 PM
 #46

When you check you will see that bitcoin price is rising day and night and what price do you think that will be maximum price of bitcoin this year and before we enters 2024, and again what will you advice people to do as the price of bitcoin is increasing, will you advice people to buy now or will you tell people around your neighbourhood who is lovers of bitcoin to wait until the price is down before you buy bitcoin, as a cryptocurrency investors I will like you to make sure you have drop your own suggestion of the price poll of bitcoin this ending of year 2023 December 31st

As bitcoin is rising, my very simple plan is to look for more ways to acquire it. The probability of bitcoin falling again is very slim, so it'll be better to acquire it now and hodl it.
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November 19, 2023, 06:26:58 PM
 #47

I will rather say do your own research and make your investment decisions based on your own findings. Bitcoin might have a perfect bullish ending but saying for sure this is a certainty is impossible. As such I prefer every investor doing their own analysis and making decisions based on what they observed. Every point can be a good time to buy especially in a bulk run the problem is if the buyer is patient enough to wait for the market to move in their predicted direction.
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November 20, 2023, 05:51:11 PM
 #48

Like some people have been saying, this increase in the price of Bitcoin recently doesn't actually mean that the bull market has already started. I don't agree with that, and I will not advise investors to begin selling off their holdings now because it's still too early to sell off, and you guys cannot tell what extent the price will get to in 2025-2025. Whoever sells now might not have a better chance to buy at a lower price until the bull market is fully over. Also, it's good for investors to have a price target at which they want to sell so that they will not always feel tempted to sell off so quickly when the price has not even gotten to their expectations. For me, I am holding my Bitcoin until I see at least $80k; if $80k is archived, there is a possibility of $90k, and I might initiate my first sell at that price while I wait for $100k.
Alot of forks have taken the recent bitcoin price increase to mean the beginning of a new market trends and this have created a lot of misconception between all of them at some point,  and if you have been an experience person in this industry,  you will already be used to this kind of market behaviour and if you must have any plans then it should be to take a short term position with the market and by so doing you have to build a balance ground as the what and when to hold or sell your Bitcoin and that is what brings in the DCA approach being the most suitable mechanism for the current market situations.

Although me personally,  I don't take any stand at the market at the moment and that the reason why I have been very careful a d watchful of the the current Bitcoin market situations,  because Bitcoin at 37k is still a recovery phase for me since we got in when the price was relatively higher than 37k in the last few months back.

So instead of building a plan around a short-term market reality, I should take a long-term stand since Bitcoin halving is around the corner and no one knows which direction the market will take before that time and that is the reason we have to take our time not to rush in on things.
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November 20, 2023, 08:58:28 PM
 #49

When you check you will see that bitcoin price is rising day and night and what price do you think that will be maximum price of bitcoin this year and before we enters 2024,


That’s the question nobody can answer. Everyone is just making predictions, and nobody is sure about the price that bitcoin will go to within a particular time. So when you see anyone mention price, don’t have confidence that bitcoin will get to the price,  it’s just a price prediction, and the prediction might be wrong. If you see anyone telling you they are confident that bitcoin will hit a particular price, don’t trust people like that, because nobody can say what the bitcoin price will be at a particular time.

and again what will you advice people to do as the price of bitcoin is increasing, will you advice people to buy now or will you tell people around your neighbourhood who is lovers of bitcoin to wait until the price is down before you buy bitcoin,

If you are planning to hold bitcoin for the long term, then you can still keep on accumulating, but if you are planning to hold for a short time, which I don’t always advise, then it will be better to have some patience for now. Let’s wait and see bitcoin's next price movement. But if you are planning to hold for the long term, you can just divide your money and keep on buying gradually, you can just allocate some percentage of the amount you will be buying, the more it drops, the more you will keep on accumulating, and in case it starts moving upward, at least you are also holding some bitcoin.

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November 21, 2023, 12:27:00 AM
 #50

OP this nah better question you ask so. For me ah no been get any plans on Bitcoin during this period like this. The small amount of Bitcoin wey ah done manage buy nah him I wan try hold for long at least make I fit benefit for the next bull season wey ah know say go come. Then I they still look at my expenditures this period to see if ah go just buy more Bitcoin add to waiting I get. But this wan wey the price they go up more ah been expect say nah dip we go see this mber month, nah the opposite wey happen. If I receive my allowances ah go think weting I go do for now ah go just they follow the market gradually.

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November 22, 2023, 03:43:44 PM
Merited by CryptopreneurBrainboss (2)
 #51

When you check you will see that bitcoin price is rising day and night and what price do you think that will be maximum price of bitcoin this year and before we enters 2024, and again what will you advice people to do as the price of bitcoin is increasing, will you advice people to buy now or will you tell people around your neighbourhood who is lovers of bitcoin to wait until the price is down before you buy bitcoin, as a cryptocurrency investors I will like you to make sure you have drop your own suggestion of the price poll of bitcoin this ending of year 2023 December 31st
For me buying bitcoin now is the best because considering when bitcoin was at $50k and now that's $37k is actually the best time to buy as much as you could because is obvious that bitcoin price will never remain this way and even considering the upcoming bitcoin halving that would take place on the coming year, so however there is every possibility that after the halving bitcoin price will surpass the all time high and creating another new high.

So however it will be a very good investment if we have a good amount of bitcoin in our portfolio before then.

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November 22, 2023, 06:16:34 PM
 #52

Personally the plans I had right from when I started my Bitcoin investment is to keep investing regardless of the amount of money I have and the price at the moment so right now, I can't actually agree that the price of Bitcoin is going up because the market is still bullish but I have read in some Bitcoin magazine that hopefully there will increase in the price of Bitcoin by 2024-2025 but we are still unsure if that's really going to happen since the price has never been stable for a long time.

Since the market is still in bullish the best plan is to keep buying to hold with the least amount you can think of, do not panic, do not let what the media is saying border you, keep buying now and get ready to smile soon.

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Youngkhngdiddy
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November 23, 2023, 11:01:15 PM
 #53

Personally the plans I had right from when I started my Bitcoin investment is to keep investing regardless of the amount of money I have and the price at the moment so right now, I can't actually agree that the price of Bitcoin is going up because the market is still bullish but I have read in some Bitcoin magazine that hopefully there will increase in the price of Bitcoin by 2024-2025 but we are still unsure if that's really going to happen since the price has never been stable for a long time.

Since the market is still in bullish the best plan is to keep buying to hold with the least amount you can think of, do not panic, do not let what the media is saying border you, keep buying now and get ready to smile soon.
  The emergence of bitcoin came with a whole lot of hopes of multiplication. A lot of people invested in it because they believed that it'll yield better returns in the long run.  Yes, there were times that losses were experienced in the digital market and it should still be expected but at the Same  time, the time for gains even comes with bigger and better packages. Every market has its time for bears and bulls and in the times of bulls, the most advisable action isn't to give up or end the marketing, rather it should be used to gain more assets because most definitely, bearish time will come. For now, Bitcoin seems down but definitely, it still has an even more brighter future. This is the best time to accumulate the assets and coins and await time for harvests and profits too.
Out of mind
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November 24, 2023, 03:56:45 AM
 #54

When you check you will see that bitcoin price is rising day and night and what price do you think that will be maximum price of bitcoin this year and before we enters 2024, and again what will you advice people to do as the price of bitcoin is increasing, will you advice people to buy now or will you tell people around your neighbourhood who is lovers of bitcoin to wait until the price is down before you buy bitcoin, as a cryptocurrency investors I will like you to make sure you have drop your own suggestion of the price poll of bitcoin this ending of year 2023 December 31st
Currently, the price of Bitcoin is increasing steadily, we have seen the Bitcoin market in a very bad position in 2022 and early 2023. But currently the price of Bitcoin is increasing a lot towards the end of 2023 and the Bitcoin market is going higher day and night. As currently the Bitcoin market candles are starting to turn green, we can definitely see a halving in 2024. The Bitcoin market is likely too be more bullish right after the Bitcoin market halving. That's why my plan currently is to invest in Bitcoin and make a mistake, buy Bitcoin before the halving and sell Bitcoin in a bull market. If you invest and hold, Bitcoin will definitely give u and me the same amount of profit that u will get for the amount of money you invest. So invest bitcoin and hold it which can make you profit and rich in future only by investing and holding bitcoin. December 31, 2023 is coming and not many days left, so if we survey the bitcoin market then certainly as of now in that position I think the bitcoin price will be at $40,000.

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November 24, 2023, 08:36:02 AM
Merited by CryptopreneurBrainboss (1)
 #55

Bitcoin go still do pass the price wey em dey now, so I'd you buy now by next year you go see small gain inside wey be say you fit use do something, especially if the money wey you put inside na better money, na so the gain wey you go get inside too go make sense but if na small money wey you put inside the gain wey you go get dis no go too big because I dey suspect say this price wey dey go up now go happen till early next year when halving go start then the price diet come down small again.

Na why I no wan go dey rush dey tell pipo wey dey for my area to come dey rush buy Bitcoin now , because some of dem fit go buy late based on say some fit dey greedy den later when d price go down and dia money still dey dia, dem go come blame me say an me tell dem to buy.

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November 25, 2023, 11:10:59 AM
 #56

There is absolutely no need to wait, there is no better time then now so if you have the money to buy, please buy without hesitation because don’t be surprised that the price might not drop again because a lot of people who waited for the price to drop when it got to 17k are already shocked at the price above 30k and I think they should be regretting by now but whatever the case be, now is the right time as there is no wrong time to buy as long you have the money to buy, and that is why the DCA technique is always encouraged

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Miles2006
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November 25, 2023, 02:08:11 PM
 #57

Bitcoin go still do pass the price wey em dey now, so I'd you buy now by next year you go see small gain inside wey be say you fit use do something, especially if the money wey you put inside na better money, na so the gain wey you go get inside too go make sense but if na small money wey you put inside the gain wey you go get dis no go too big because I dey suspect say this price wey dey go up now go happen till early next year when halving go start then the price diet come down small again.

Na why I no wan go dey rush dey tell pipo wey dey for my area to come dey rush buy Bitcoin now , because some of dem fit go buy late based on say some fit dey greedy den later when d price go down and dia money still dey dia, dem go come blame me say an me tell dem to buy.
Everybody dey share the same opinion, buy and hold cause profit go come for sure, but the profit depends on the amount of money wey you use invest. If you invest huge amount of money now your profit sef go big. To inform people about the investment of bitcoin now no be bad idea cause everyone wants to buy bitcoin now, even if the profit no come the way them expect they should still keep it and don't sell, every bitcoin investor get target.
Everybody wants to buy now, I will advice investors to keep investing and don't sell yet but every investor get their own pattern of market, make the investment just dey favourable.

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November 25, 2023, 02:31:00 PM
 #58

I'm not a big amount investor beacose im a student and i don't have income source. Some time i do gambling and I earn home amount from this forum. I'm holding the amount for increasing Bitcoin prise. Beacose I have a dream my dream is start something my own. I want to start my own business. I belong from a middle class family that's the reason my family don't give to full amount of money I needed for star business. That's the reason I'm holding and let's see what's heppend in future.
You may want to start your own business, which is a good idea, and you are making this decision in an effort to please your family. However, the question is: What will you do with your bitcoin when its value increases? If you already own bitcoin, I believe it is still better to exercise patience and wait for a bull run, as you can easily profit from the bear market right now. Since is not everyone that has money to invest in bitcoin so Goodluck in establishing your business.

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November 26, 2023, 02:09:38 PM
 #59

When you check you will see that bitcoin price is rising day and night and what price do you think that will be maximum price of bitcoin this year and before we enters 2024, and again what will you advice people to do as the price of bitcoin is increasing, will you advice people to buy now or will you tell people around your neighbourhood who is lovers of bitcoin to wait until the price is down before you buy bitcoin, as a cryptocurrency investors I will like you to make sure you have drop your own suggestion of the price poll of bitcoin this ending of year 2023 December 31st

As you want make everybody bring their own suggestion on this matter E make sense but I wan ask you, did you know what will happen to the bitcoin price by end of this year? Remember say na bitcoin you dey talk about my brother, anything can happen at any time, 1 minutes too much for bitcoin to come down because it is unpredictable investment, as for my me as bitcoin price dey like this wey E dey high price I will wait for the price to come down before I invest in bitcoin, also from my neighbors, to be honest I no fit advice my neighbor for this kind time make them invest in bitcoin because I don't know how the price of the bitcoin will be after my neighbor invest and if they invest wey the price still dey come down and them dey Para for me I no go fit talk anything.

If you continue waiting for Bitcoin to be low before you buy, you might be missing out or get disappointed. So as a Cryptocurrency investors it can be high-risk and volatile. It is generally recommended to diversify your investment portfolio, not invest more than you can afford to lose, and make informed decisions based on your own financial situation and risk tolerance. Timing the market and trying to predict price movements is challenging, so it's best to consider a long-term investment approach rather than trying to time short-term price fluctuations.

Your Matta too make sense about being missing and also get disappointed, I also like the way the way you say you should invest the money you are capable of losing, yes that one dey but to advice my neighbor to invest at this particular time I no fit do am unless the person is also capable of investing in the money he or she is capable of losing, the reason why I dey talk am be say some neighbor no get mind of losing money, them fit fight you because of money.

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Adams0001
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November 27, 2023, 12:06:54 PM
 #60

When you check you will see that bitcoin price is rising day and night and what price do you think that will be maximum price of bitcoin this year and before we enters 2024, and again what will you advice people to do as the price of bitcoin is increasing, will you advice people to buy now or will you tell people around your neighbourhood who is lovers of bitcoin to wait until the price is down before you buy bitcoin, as a cryptocurrency investors I will like you to make sure you have drop your own suggestion of the price poll of bitcoin this ending of year 2023 December 31st

If you think you will wait until the price of bitcoins drops before buying and invest you are wasting your time, because no one knows when the price will drop is better to invest now even if you don't have enough money you can start with small fund and later on you will get profit, If I have anybody who is interested in bitcoin I will advise him to invest now, because everyone expects the price of bitcoin to rise rather than falling, because I believe that when you introduce someone to investing in bitcoin and tell him to wait for the price to drop before putting his money in, you are scaring him, and he will not have confidence in investing because he will be expecting to lose his money when he invests, and anytime he puts his money in and the price drops he will sell his coin as a loss because he will believe the price will not rise.

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