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Author Topic: 2024 will be a good year for BTC hodlers.  (Read 247 times)
Zanab247 (OP)
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November 27, 2023, 06:34:25 PM
Merited by CryptopreneurBrainboss (1)
 #1

Greetings my gallant fellow Naija people in the local board, 2023 is coming to an end soon and many plans for this year look as if it will not come to pass in the life of hodlers to achieve a huge amount of profits from their investment. I was hoping that the price of BTC will reach $50k before the end of November which remain few days to the end of November but the price is still low in the market and, the way the price was running in the market recently for the price to stop at $38k and, it look like the bull run will not come this year 2023 but it will surely come early next year for those that invested in the bear season to have good opportunity to earn a good profits. Next year will be a good year for me because, I really embraced many opportunities that helped me to buy BTC whenever the price decrease in the market but I know good opportunity will come that will make the price hit above $50k for long hodlers to smile again next year.

Hope you have prepared well for the bull run that is about to show up in the market next year? Or you don't believe that there will not be bull run 2024?, If what I observed in the market few weeks ago is real, I think bull run that will make people to make big money will surely show up next year 2024.

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November 27, 2023, 07:41:07 PM
 #2

The first question that popped into my mind while reading this post is this; OP, How sure are you?

Am not meaning to ask out of spite, but because next year 2024 is going to be a remarkable year for BTC as an initiative that has materialized and come to be accepted to some extent at least and with much better prospects still.
When I speak of remarkable, I mean the 'Halving'. It is going to happen sometime withing the first quarter of the year, and some months following, is the expected bull run as projected.

For holders who are just doing this for the first time, it might be too much to handle, but the older HoDLers would recognize this incident will still HoDL till the bull run comes and trade or withdraw or continue to observe the market and HoDL further.

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November 27, 2023, 07:53:01 PM
 #3

~
From your post, I will say that you are experiencing what we call fud(fear of uncertain doubt) that because, a Bitcoin holder shouldn't always be this scared of when he would make his profit. And from your post, you might actually get other newbies scared just by saying
Quote
I was hoping that the price of BTC will reach $50k before the end of November which remain few days to the end of November but the price is still low in the market and, the way the price was running in the market recently for the price to stop at $38k and, it look like the bull run will not come this year 2023 but it will surely come early next year for those that invested in the bear season to have good opportunity to earn a good profits.
this is the major reason, why it is adviced to invest in Bitcoin for the long term. The halving is going to take place next year and if you noticed, we are already walking into the bull run gradually, so what is there to be scared about. If you had invested in Bitcoin hoping to had make profit in a short time or sooner, then there might just be no difference between you and a short term holders ie, the TRADERS.

The price of Bitcoin has being hovering around the 36--38k for weeks now, and might just be able to hit the 40k price before the year runs out. So there nothing to be scared about. Just keep accumulating as many Bitcoin as possible and remain positive.

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November 27, 2023, 08:24:17 PM
 #4

Greetings my gallant fellow Naija people in the local board, 2023 is coming to an end soon and many plans for this year look as if it will not come to pass in the life of hodlers to achieve a huge amount of profits from their investment. I was hoping that the price of BTC will reach $50k before the end of November which remain few days to the end of November but the price is still low in the market and, the way the price was running in the market recently for the price to stop at $38k and, it look like the bull run will not come this year 2023 but it will surely come early next year for those that invested in the bear season to have good opportunity to earn a good profits.

The bull run was not expected to take place in this year, so for the bull run not happening this year is not a surprise to anyone at all. If you’ve invested early, even at the current price bitcoin is, you would have earned some profits already. Waiting till 2024 or more will only mean that you want more to what you’ve invested to get plenty profit when cashing out which is a good one to do. Every bitcoin investor hope to get the maximum profit from their investment in bitcoin, so patient will be the best exercise to exert now in order to achieve that in the future.

Quote
Hope you have prepared well for the bull run that is about to show up in the market next year? Or you don't believe that there will not be bull run 2024?, If what I observed in the market few weeks ago is real, I think bull run that will make people to make big money will surely show up next year 2024.

We can’t be very sure that next year will be the year where we can all make a lot of big money in our investments in bitcoin, what is only sure is that; next year will be the year of halving to take place. Getting the big profit we want in this market will only happen after the bull run which we don’t know the exact date for it to take place but we all know it happens after every halving which we are all waiting for. I’m sure you’re not also certain when the bull run will take place, everyone is just holding for now.

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November 27, 2023, 08:43:05 PM
Merited by hugeblack (2), Chilwell (2)
 #5

The first question that popped into my mind while reading this post is this; OP, How sure are you?
Everyone think since bitcoin halving will be next year, then they believe bitcoin bull run also will be next year which is wrong, don’t be surprise that we might not see bull run next year, e fit reach 2025 before bull run go start, some people dey run go invest in bitcoin now hoping by next year they are going to cashout there money, but I know lots of people will be disappointed. If you no go fit hold your bitcoin reach like ending of 2025, no rush go invest in bitcoin thinking you go cash out by next year, nobody is sure when the bull run will start, but since it always happen after halving, so people dey expect say the same thing go happen dis time around.

Some people fit go carry loan now invest in bitcoin, they will promise to pay back the loan by next year, all their mind bitcoin go pump well, they go fit sell am commot the loan wey dem take and dem go still get money, but if bull run no come start next year people like that dey don  put them self for problem be that. Make we no get mindset say na next year bull run go start, e fit start next year, and e fit no start next year.

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November 27, 2023, 10:56:13 PM
 #6

Quote
I was hoping that the price of BTC will reach $50k before the end of November which remain few days to the end of November but
That the price of bitcoin doesn't get to $50k in November doesn't mean that it can't get there before the end of the year. You have to understand that bitcoin is highly unpredictable and subjected to high volatility. For me bitcoin has done perfectly well. I think bitcoin is in the consolidation state currently and anything can happen from here. As a long time investor I will advise you to stop looking at the daily charts of bitcoin prices. Just buy and whenever you can and never bother about the price of bitcoin for the next one year ahead. I think this will save you lots of emotional dramas. 

Quote
the price is still low in the market and, the way the price was running in the market recently for the price to stop at $38k
The price of bitcoin is still low compared to what is coming after halving, so this is still a good entry point. But if you think the price of bitcoin is low because you expected it in $50k then I think your expectations on bitcoin is too high.

Quote
Is like the bull run will not come this year 2023 but it will surely come early next year for those that invested in the bear season to
have good opportunity to earn a good profits.
Op the bull run was never supposed to start this year. I think you should try and get the right information so that you don't put yourself in unnecessary pressure. The bitcoin halving is expected to take place in April 2024 but no one knows the particular date it will happen. And the bull run is expected to start 6 months after the halving has taken place. So relax and keep accumulating.


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November 27, 2023, 11:09:53 PM
 #7

As for me dis is one of di fastest year ever seen and experienced in my life. And also I have been blessed by God from so many areas. I just thank God for that. Then coming to holders of Bitcoin to receive their hugging amount of profits in the coming and next upper year to come is still under the speculation of the prediction and we should not give the premised a conclusion yet until we experience the change then we can conclude to say that we have received the bull and it was awesome.

And I can't tell for now if every holder of Bitcoin will reap it in the bull market of 2024 and 2025. Many might not sell it at that time because the assets might not be enough to sell so dey might continue the hodling till the next 6 to 7 years again.









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November 27, 2023, 11:55:35 PM
 #8

2024 naim the bitcoin reward go cut into half, naim make am the bitcoin halving so, and based on history after halving comes the bull run, though the bull run fit no necessary come immediately after the halving event, e fit even start before the halving, then just continue to dey appreciate in price until e reach another All Time Higher(ATH). But even though things no go according to our predictions we no suppose panic because,  some day e go work for us. Na only baby investors go dey think of how dem wan take sell if small thing add, if you wan enjoy bitcoin holding, just accumulate as much as you can, and leave it for a long duration of years.
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November 28, 2023, 12:51:43 PM
 #9

Next year will be a good year for me because, I really embraced many opportunities that helped me to buy BTC whenever the price decrease in the market but I know good opportunity will come that will make the price hit above $50k for long hodlers to smile again next year.


Na true say next year na another halving year and according to how the bitcoin history don be, after halving bull run go start depending on the months or immediately and that one mean say the price go begin dey fly higher. So why you wey don already buy early with cheap price go dey target or talk about 50k. 50k no even reach the last ATH price self wey be 69k and bitcoin price for the new bull run dey pass previous ATH. At least target 100k to 120k for next year ATH.

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November 28, 2023, 02:21:31 PM
 #10

Hope you have prepared well for the bull run that is about to show up in the market next year? Or you don't believe that there will not be bull run 2024?, If what I observed in the market few weeks ago is real, I think bull run that will make people to make big money will surely show up next year 2024.

There's nothing much is preparation towards the bullrun than we should all be attentive to observing that whenever we are close to halving and same after that, it's a period that we need to be very proactive in speculating towards the market trends, also we need to be very careful on the kind of investment we made, some coins are going to be nothing by then than shitcoins and this won't be funny if we all fall amidst the category of those that will be investing on them, bitcoin should be our major Investment and target coin for this coming bullrun.
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November 28, 2023, 02:56:06 PM
 #11

Seems a lot of us are seeing the same thing regarding the performance of Bitcoin in 2024. I truly love the optimism in the Bitcoin community and we look forward to a historic year for Bitcoin. I just hope we are all taking advantage of the opportunities this year offered us to buy as much as we can to be able to ride the expected wave of 2024. The recent market condition is an indication that the bulls are already entering the market and as soon as we break the $38k resistance, price may not return to the lower $30k region before the halving.

The first question that popped into my mind while reading this post is this; OP, How sure are you?
As far as the market is concerned, no one is sure of anything. In Bitcoin, nothing is guaranteed and nothing is promised, all we are doing is making informed prediction and hope the market follow through.


R


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November 28, 2023, 05:04:20 PM
 #12

Quote from: Cryptomultiplier
The first question that popped into my mind while reading this post is this; OP, How sure are you?
I always carry out research to know what will happen in some years coming and it has been helping me to do well in my prediction, but if you watch very well you will know that some thing different will surely happen next year that will make some hodlers to cry for not using big money to invest in BTC and, some will be happy for listen to some prediction like this to be able to be part of those that made it. If you have any free money to invest, just invest it in BTC and you will not regret what you will see when the price hit higher soon.

What hodlers went through in this season, I don't think it will repeat itself again because many people quit BTC investment because they thought what happened last two years will still happen this year that made them to borrow money but we that believe that BTC will increase soon ,we are still waiting and the bull run will show up next year 2024, if you like take it or you leave it.

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November 28, 2023, 05:09:42 PM
 #13

Next year will be a good year for me because, I really embraced many opportunities that helped me to buy BTC whenever the price decrease in the market but I know good opportunity will come that will make the price hit above $50k for long hodlers to smile again next year.


Na true say next year na another halving year and according to how the bitcoin history don be, after halving bull run go start depending on the months or immediately and that one mean say the price go begin dey fly higher. So why you wey don already buy early with cheap price go dey target or talk about 50k. 50k no even reach the last ATH price self wey be 69k and bitcoin price for the new bull run dey pass previous ATH. At least target 100k to 120k for next year ATH.

So far as we all are speculating the price of bitcoin base on what is obtainable now I strongly believe that 2024 will be a memorable year for bitcoin investors,  however we should continue to buy bitcoin now because I don't see the price dipping again till the end of this year. Definitely the price of bitcoin for the upcoming bull run will surely surpass the last ATH though it's difficult to predict the price range for next year but it's really gonna be a shocker
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November 28, 2023, 09:26:57 PM
Merited by hugeblack (1)
 #14

2024 naim the bitcoin reward go cut into half, naim make am the bitcoin halving so, and based on history after halving comes the bull run, though the bull run fit no necessary come immediately after the halving event, e fit even start before the halving, then just continue to dey appreciate in price until e reach another All Time Higher(ATH). But even though things no go according to our predictions we no suppose panic because,  some day e go work for us. Na only baby investors go dey think of how dem wan take sell if small thing add, if you wan enjoy bitcoin holding, just accumulate as much as you can, and leave it for a long duration of years.
And season will be a great favour for does that are still holding because am very sure that a lot of people have sold what they have because problem no they finish and na why if you wan do bitcoin make sure say you get side hustle na when you go enjoy the thing be that. Has halving they come na so that if market increase you self go see money chop. Before the halving the thing fit high then latter come down again then the thing go come peak so anybody wey wan invest time still they make we use the opportunity wise make we get money from their no be to they sing invest me self go find money invest before then. And I hope say all waiting people wey they predict go come to pass because all na still base on speculation. We just hope make better thing sup during that period.

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November 28, 2023, 09:52:39 PM
 #15

Greetings my gallant fellow Naija people in the local board, 2023 is coming to an end soon and many plans for this year look as if it will not come to pass in the life of hodlers to achieve a huge amount of profits from their investment. I was hoping that the price of BTC will reach $50k before the end of November which remain few days to the end of November but the price is still low in the market and, the way the price was running in the market recently for the price to stop at $38k and, it look like the bull run will not come this year 2023 but it will surely come early next year for those that invested in the bear season to have good opportunity to earn a good profits. Next year will be a good year for me because, I really embraced many opportunities that helped me to buy BTC whenever the price decrease in the market but I know good opportunity will come that will make the price hit above $50k for long hodlers to smile again next year.

Hope you have prepared well for the bull run that is about to show up in the market next year? Or you don't believe that there will not be bull run 2024?, If what I observed in the market few weeks ago is real, I think bull run that will make people to make big money will surely show up next year 2024.

OBOY  Grin Grin this topic title my O.P, if you understand weyting this ENGLISH HODL don do many people ehh no body go even reason the matter of BTC again like this, like this now for the country as things dey tough and rough dey go the only thing wey dey man head na to see food chop.

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November 28, 2023, 09:58:08 PM
 #16

I was viewing someone's status on WhatsApp, then I came across that image, and I just said to myself that next year the price of Bitcoin will really be bullish compared to the current price. Although no one can actually predict the market correctly, we know that we are approaching the bull season of Bitcoin, and the price will not be as bad as during the bear market, when the price bleeds.


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November 28, 2023, 11:51:50 PM
 #17

I was viewing someone's status on WhatsApp, then I came across that image, and I just said to myself that next year the price of Bitcoin will really be bullish compared to the current price. Although no one can actually predict the market correctly, we know that we are approaching the bull season of Bitcoin, and the price will not be as bad as during the bear market, when the price bleeds.




That na correct bull wey wan run for next year, so any body wey never still buy bitcoin, na ur self you dey do oo, because me I know for sure say na regret go end every thing, for those wey nor join this accumulation train. Sacrifice now to reap the benefit next year or by 2025 and thank me later, yes we all know say volatility of bitcoin naim dey make the market risky but, that one no mean anything because, despite the volatility wey e dey experience since dem create am till now, the major thing wey we dey see for em price na bull run everywhere, that na to tell you say, no matter how bearish the market look like, em major direction na to skyrocket.

So I go advise make una hold the bull by the horn and allow am to run to em destination.
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November 29, 2023, 01:17:19 AM
 #18

I know good opportunity will come that will make the price hit above $50k for long hodlers to smile again
Op, Bitcoin price touching $50k no go make long holders smile again because so many hodlers bought their Bitcoin in the region of $50k and some bought above $50k, and no be every hodlers go like sell their Bitcoin because the year's wey they estimated to sell fit never reach. We no say Bitcoin halving na next year and nobody knows the day it will happen, make you no dey too concerned about the Bitcoin halving but make you continue to dey accumulate enough Bitcoin for your non-custodial wallet and hodl till you see the profit wey make sense for your eyes. If you think say the Bitcoin price too dey high na to buy Bitcoin you fit divide your money into 3 places and use one part to buy Bitcoin when the price is at its peak, the second part to buy the Bitcoin dip, and the third part to buy Bitcoin through the DCA strategy.

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December 06, 2023, 06:42:24 AM
Merited by hugeblack (2)
 #19

Hope you have prepared well for the bull run that is about to show up in the market next year? Or you don't believe that there will not be bull run 2024?, If what I observed in the market few weeks ago is real, I think bull run that will make people to make big money will surely show up next year 2024.

As we dey talk Bitcoin dun go $43k and December never reach anywhere self, before December finish we fit get that $50k wey you dey think say na next year wey we go get am or e fit also happen for the first quarter of the year 2024. Bitcoin too sweet and the worst thing wey you fit do na to limit the height wey e fit go. As a wise man na to just dey buy Bitcoin dey keep am for your hardware wallet or if you no get plug to buy dat one you fit use electrum wallet for an airgapped device or you use other open source non-custodial wallet dem. 2024 na year wey bitcoin miners reward wey dem dey chop go halve so many things positive go dey happen to the market and dat one go make the year sweet for Bitcoin based on wetin dun happen for other halving years dem.

Quote
Next year will be a good year for me because, I really embraced many opportunities that helped me to buy BTC whenever the price decrease in the market but I know good opportunity will come that will make the price hit above $50k for long hodlers to smile again next year.

I hope you no dey just talk make e be for talking sake, I hope you dey really do wetin you dey talk. One thing I noticed for this forum na say people sabi talk wetin dem no dey do because dem feel say na wetin people wan hear be dat but provided say you dun buy bitcoin then truly the year go soft for you and others wey dun buy Bitcoin. Just because everybody dey say next year go soft for Bitcoin no mean say we go go borrow money to go invest inside bitcoin oh. Remember last halving (2020) year wey corona virus been happen, the year no start well for Bitcoin so if you go borrow money to invest and similar things happen na your head that one dey, just invest money wey no go hard you to hold.

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December 07, 2023, 08:27:04 PM
Merited by hugeblack (2), Baki202 (2)
 #20

Hope you have prepared well for the bull run that is about to show up in the market next year? Or you don't believe that there will not be bull run 2024?, If what I observed in the market few weeks ago is real, I think bull run that will make people to make big money will surely show up next year 2024.
From this December month till next year and the upper year go continue to be a good year for every bitcoin holder as the price of bitcoin d surge so, as we d expect to see bitcoin reaching $50k before the end of the year.

If history go fit repeat em sef, I no d sure we go fit the see the main bull run of bitcoin for 2024 wey go give rise to a new ATH of bitcoin. Why I said so na because the last ATH of bitcoin happened around November 2021, wey be say em halving na around 2020.

So if bitcoin go follow wetin happen d last time, we suppose to the look 2025, not 2024 actually cos 2024 na d halving season, and em d take months before the bull run come the take effect for the crypto market.

Quote
Next year will be a good year for me because, I really embraced many opportunities that helped me to buy BTC whenever the price decrease in the market but I know good opportunity will come that will make the price hit above $50k for long hodlers to smile again next year.
Investors don d smile already as the price of bitcoin d increase so for this December. Although many the expect sae, a correction of price go fit occur before the bull run manifest fully. By then them go use the opportunity to accumulate more bitcoin

R


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