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Author Topic: A big buying opportunity might be on the horizon  (Read 655 times)
JoyMarsha
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December 23, 2023, 10:10:39 PM
 #61

The fact that the halving season is next year, whether the bitcoin ETF gets approved or not, doesn't change the already existing history of bitcoin price that it will increase than it has, months after the halving. However, if bitcoin ETF gets approved fine, if it doesn't, still fine. That won't change what is expected to happen for the ATH of bitcoin in 2024/2025,

Everyone is focused on what will happen next during the halving season rather than the bitcoin ETF because that event won't increase the value of bitcoin as much as the halving will (months later).

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December 24, 2023, 01:14:51 AM
 #62

You are just right @ OP, sometimes I began to imagine the possible thoughts about the pissed off patients which runs through the minds of those Bitcoin traders who are looking up to the interesting horizons at when the ETF is approved so they could make prominent profits of their Bitcoins investments histories.
A lot of investors have accumulated their Bitcoins and so they are on the surveillance watch hoping to grab the all awaiting exciting opportunity of the bitcoins bull run, some pre-investors who want to embrace the bitcoins industry are on second thoughts of they should invest their funds or not? Because they are being enticed with the gladed news that the ETH would be approved so they could take advantage of it and accumulates more of Bitcoins with the appreciatable accelerational skyrocket in the Bitcoins markets but to some extends on watching over the system, they are already getting discouraged to invest on and lot of investors who has waited for its good news might not be able to hodl with their coins anymore and believes the only option is to sell their hodling.


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December 24, 2023, 06:23:02 AM
 #63

The fact that the halving season is next year, whether the bitcoin ETF gets approved or not, doesn't change the already existing history of bitcoin price that it will increase than it has, months after the halving. However, if bitcoin ETF gets approved fine, if it doesn't, still fine. That won't change what is expected to happen for the ATH of bitcoin in 2024/2025,

Everyone is focused on what will happen next during the halving season rather than the bitcoin ETF because that event won't increase the value of bitcoin as much as the halving will (months later).

The main point to pay attention to is to focus on the potential of BTC in the long term and against the many arguments that expect Bitcoin's ATH in 2024/2025 to be like this and that, I think that's normal.

In my view, if we are updated regarding ETF licensing, whether through this forum or from several other mainstream media sources, I think it will be very easy to determine whether to move forward or hold on while analyzing for a while, where later there is the potential for an Emotional, Rollercoaster, from excitement to despair if bitcoin ETF is approved or not from users.
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December 24, 2023, 07:13:31 AM
 #64

The fact that the halving season is next year, whether the bitcoin ETF gets approved or not, doesn't change the already existing history of bitcoin price that it will increase than it has, months after the halving. However, if bitcoin ETF gets approved fine, if it doesn't, still fine. That won't change what is expected to happen for the ATH of bitcoin in 2024/2025,

Everyone is focused on what will happen next during the halving season rather than the bitcoin ETF because that event won't increase the value of bitcoin as much as the halving will (months later).

Yes I have noticed that people are more interested in halving  because that's what would trigger the bull run and possible new ATH. Spot Bitcoin ETF might get approved which would be good for Bitcoin and at the same time even if it's not approved it would have very limited impact on Bitcoin.

But one good thing is that it has created so much hype and given much needed boost to the crypto and Bitcoin market in general which has pooled in more investment.









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December 24, 2023, 12:54:11 PM
 #65

This seems great opportunity, but to be honest, we long term traders don’t exactly look for specific opportunities. For us every moment is an opportunity. Whenever possible we buy the coins irrespective of the price. We know that Bitcoins are limited in number, hence there will be a time when there is scarcity of Bitcoins and to accumulate it the price will be high. In that time, if you sell these coins, then definitely you will make huge profits. Yes this ETF is a nice opportunity, but I would suggest to buy Bitcoins at regular intervals , irrespective of the opportunities.

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December 24, 2023, 03:41:11 PM
 #66

This seems great opportunity, but to be honest, we long term traders don’t exactly look for specific opportunities. For us every moment is an opportunity. Whenever possible we buy the coins irrespective of the price. We know that Bitcoins are limited in number, hence there will be a time when there is scarcity of Bitcoins and to accumulate it the price will be high. In that time, if you sell these coins, then definitely you will make huge profits. Yes this ETF is a nice opportunity, but I would suggest to buy Bitcoins at regular intervals , irrespective of the opportunities.

It is a good advantage for long-term investors that they are not affected by many situations in the market. They do not make mistakes with instant decisions and continue to accumulate Bitcoin. This is a behavior that many people want to do but cannot do.

They make good use of the opportunities in the market and accumulate Bitcoin in every environment. The market has been offering buying opportunities for a long time, and long-term investors continue to take advantage of this.
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December 24, 2023, 04:36:35 PM
 #67

What if a new rugpull is in plan for crypto?

SEC denial of the approval can cause crypto to crash massively, if the ETF isn't approved by January buckle up for a spiral run down the hill kinda market behavior.

But alas, ETF approval have been around for year's and it has never been approved before, if it's a nO this time around it still won't stop Bitcoin from creating a new all time high.

The way consumers accept this bad news will determine how far Bitcoin can dip but understand that it's going to be a big opportunity to get more Bitcoin, do not follow the masses, as they can be easily lead astray.
I think to say rugpull is not best term for it since Bitcoin is not a scam coin.
It is better to say manipulation because it's only made to liquidate stop-loss of traders as fuel to send the price higher or just to fill the order below so that they can join the impulsive up move of the price. I usually see it in the equal highs or lows. I noticed that it is also being used for the expected order flow to happen in time.

Not only the denial of approval of ETF can cause crash to crypto but also FOMC, CPI, and other bad news that is related to crypto.
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December 25, 2023, 12:17:33 PM
 #68

This seems great opportunity, but to be honest, we long term traders don’t exactly look for specific opportunities. For us every moment is an opportunity. Whenever possible we buy the coins irrespective of the price.
Perhaps you should've categorized the season where we can buy Bitcoin without monitoring price levels and that's in a bull season. This is because no matter where one buys, price is expected to quickly rally up even if it dips after one's purchase. We can't say the same thing when the market is in a bear season. No one wants to catch a falling knife during a bear rally and that's why everyone wants to be sure they're buying the bottom or close to it.

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December 25, 2023, 05:50:57 PM
 #69

Its not that bad news would be unexpected, further resistance to a BTC ETF has to be known to be possible.   Its the manner and definition in which it takes place, if we have an absolute denial of any possible BTC ETF then I would expect a sell off to at least mid 30k prices.   Possible further but a correction then back above to 35k would indicate just how seriously that was taken; 35k then might be a ceiling etc. market perception would be developing.
   Long term I dont think it matters as much as people expect, ETF or not BTC prospects are really not about a tradable quote on the various stock markets.   BTC has to be more then just another symbol swung into and out by the speculators and leveraged traders.  The whole story about BTC doesnt come to rely on an ETF as that is centralism and its easy to see why authorities resist the idea of BTC being accepted into the fold as it is so different and unguided by traditional governance.

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December 25, 2023, 05:56:27 PM
 #70

Bitcoin reaching it's new all time high has always been its goal even before SEC approval for bitcoin ETF news has spread out. That's why irregardless of its outcome, bitcoin is still determine to reach its goal.

However, upon seeing the SEC approval does not turn into reality, bitcoin price might be possibly affected and we should prepare for that. Not just to stay hodling on our investment but to take advantage on the new cheap price for bitcoin. Bitcoin accumulation will only be maximized if you do it at a perfect timing.

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December 25, 2023, 06:23:41 PM
 #71

Bitcoin reaching it's new all time high has always been its goal even before SEC approval for bitcoin ETF news has spread out. That's why irregardless of its outcome, bitcoin is still determine to reach its goal.

However, upon seeing the SEC approval does not turn into reality, bitcoin price might be possibly affected and we should prepare for that. Not just to stay hodling on our investment but to take advantage on the new cheap price for bitcoin. Bitcoin accumulation will only be maximized if you do it at a perfect timing.
Currently the market is starting to look bullish again and the price of bitcoin has experienced a slight increase after a few hours of decline, the movement of bitcoin is still very stable ahead of the SEC's decision on the ETF and maybe this will even be an opportunity for us to collect bitcoin because if the SEC approves the Bitcoin ETF So it's possible that the Bitcoin price will pass the ATH in my opinion, but of course there will be many effects that might be felt by those of us who have been investing in Bitcoin, so far we have seen Bitcoin as an investment that is free or cannot be controlled by anyone, but If a bitcoin ETF is approved later, it is possible that Bitcoin will be regulated like other financial assets and let's see how good or bad the impact of a bitcoin ETF will be after the SEC announces it in January 2024 later...!

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December 26, 2023, 02:36:37 AM
 #72

What if a new rugpull is in plan for crypto?

SEC denial of the approval can cause crypto to crash massively, if the ETF isn't approved by January buckle up for a spiral run down the hill kinda market behavior.

But alas, ETF approval have been around for year's and it has never been approved before, if it's a nO this time around it still won't stop Bitcoin from creating a new all time high.

The way consumers accept this bad news will determine how far Bitcoin can dip but understand that it's going to be a big opportunity to get more Bitcoin, do not follow the masses, as they can be easily lead astray.

2024 there is a very large buy demand halving. even if the ETF is rejected, it only drops for a moment not the market is destroyed. every halving whatever conditions occur bitcon prices will rise high. after the new halving slowly the coin price will continue down price.
maybe if it is rejected it is only for market price correction before the price of bitcoin and altcoin will skyrocket and rise high again reaching the latest ATH price.

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BALIK
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December 26, 2023, 03:35:32 AM
 #73

The fact that the halving season is next year, whether the bitcoin ETF gets approved or not, doesn't change the already existing history of bitcoin price that it will increase than it has, months after the halving. However, if bitcoin ETF gets approved fine, if it doesn't, still fine. That won't change what is expected to happen for the ATH of bitcoin in 2024/2025,

Everyone is focused on what will happen next during the halving season rather than the bitcoin ETF because that event won't increase the value of bitcoin as much as the halving will (months later).
What you say makes sense because in the past bitcoin has created ATH after each halving without needing an ETF, so this time it won't be a big deal if the ETF is not approved. But let's not be too subjective that history will always repeat itself, I mean there is no 100% guarantee that bitcoin will continue to create ATH after the 2024 halving. In my opinion, we should still have a backup plan for the scenario if there is no ATH after the halving and I want to look at the long term rather than just focusing on the halving.

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December 26, 2023, 03:41:20 AM
 #74

What if a new rugpull is in plan for crypto?

SEC denial of the approval can cause crypto to crash massively, if the ETF isn't approved by January buckle up for a spiral run down the hill kinda market behavior.

But alas, ETF approval have been around for year's and it has never been approved before, if it's a nO this time around it still won't stop Bitcoin from creating a new all time high.

The way consumers accept this bad news will determine how far Bitcoin can dip but understand that it's going to be a big opportunity to get more Bitcoin, do not follow the masses, as they can be easily lead astray.
Not yet logically too much money is going into the mining section of bitcoin I simply do not see

A rug pull. for the time being.

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December 26, 2023, 04:47:44 AM
 #75

Not yet logically too much money is going into the mining section of bitcoin I simply do not see

A rug pull. for the time being.

True, This is a basic book and most people probably don't care about the math and it trickles down to the few who have the resources to engage in it on a large scale and currently the Bitcoin network is becoming too slow to handle the flood of transactions and it seems like it is losing its usefulness as a payment systems in fact Transaction costs and processing times have increased. Why did Satoshi Nakamoto allow this?

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December 26, 2023, 09:43:24 AM
 #76

Bitcoin reaching it's new all time high has always been its goal even before SEC approval for bitcoin ETF news has spread out. That's why irregardless of its outcome, bitcoin is still determine to reach its goal.

However, upon seeing the SEC approval does not turn into reality, bitcoin price might be possibly affected and we should prepare for that. Not just to stay hodling on our investment but to take advantage on the new cheap price for bitcoin. Bitcoin accumulation will only be maximized if you do it at a perfect timing.
It will definitely have a new ATH and there is nothing that can stop that, I understand some people may feel a bit different about it, but that's just how it is and we should be considering that as the most logical outcome for this situation. I get that we may not reach to a point where it can't be really all that crazy, but we need to realize that it is not going to be all that weird neither.

We just need wait for it, and eventually that will happen, and given enough time, we are going to end up with a good result one way or another. I get that it is not going to be all that simple, but if we want to, then we could make it work. I know that it is going to be a bit tough, but it is not really that crazy to assume it can reach the new ATH price in the next year or so.

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December 26, 2023, 08:40:33 PM
 #77

The fact that the halving season is next year, whether the bitcoin ETF gets approved or not, doesn't change the already existing history of bitcoin price that it will increase than it has, months after the halving. However, if bitcoin ETF gets approved fine, if it doesn't, still fine. That won't change what is expected to happen for the ATH of bitcoin in 2024/2025,

Everyone is focused on what will happen next during the halving season rather than the bitcoin ETF because that event won't increase the value of bitcoin as much as the halving will (months later).
What you say makes sense because in the past bitcoin has created ATH after each halving without needing an ETF, so this time it won't be a big deal if the ETF is not approved. But let's not be too subjective that history will always repeat itself, I mean there is no 100% guarantee that bitcoin will continue to create ATH after the 2024 halving. In my opinion, we should still have a backup plan for the scenario if there is no ATH after the halving and I want to look at the long term rather than just focusing on the halving.
At some point, due to the coins being mined on each block becoming too few compared with the coins that are already in circulation, the halving will lose its influence to make the price to go up as fast as it has done on the past, however with the adoption all over the world growing and a rising worry in the mind of many citizens about the viability of the current economic model, I would guess the interest in bitcoin will remain strong enough so new ATHs could be reached at the time.

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December 26, 2023, 09:51:51 PM
Last edit: December 26, 2023, 10:08:01 PM by AmoreJaz
 #78

Bitcoin reaching it's new all time high has always been its goal even before SEC approval for bitcoin ETF news has spread out. That's why irregardless of its outcome, bitcoin is still determine to reach its goal.

However, upon seeing the SEC approval does not turn into reality, bitcoin price might be possibly affected and we should prepare for that. Not just to stay hodling on our investment but to take advantage on the new cheap price for bitcoin. Bitcoin accumulation will only be maximized if you do it at a perfect timing.
It will definitely have a new ATH and there is nothing that can stop that, I understand some people may feel a bit different about it, but that's just how it is and we should be considering that as the most logical outcome for this situation. I get that we may not reach to a point where it can't be really all that crazy, but we need to realize that it is not going to be all that weird neither.

We just need wait for it, and eventually that will happen, and given enough time, we are going to end up with a good result one way or another. I get that it is not going to be all that simple, but if we want to, then we could make it work. I know that it is going to be a bit tough, but it is not really that crazy to assume it can reach the new ATH price in the next year or so.

most believers have positive mindset on this market because we have seen how the market performed throughout the years. so it won't disappear without massive reason. those believers for sure are continuously adding btc on their stash in preparation for the imminent price increase of btc market.

for those who are still hesitant, there's no worry on that. as long as you invest on this market on your own free will, you should not regret your decision later on. because no one is forced to dip their hands on this.

but i also have the feeling that this market is on the positive direction because let's be real here. there is fixed supply and the demand is continuously increasing, so what do you think will the market perform by then? so the likelihood that it will increase is very high given the circumstances of the situation.

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January 05, 2024, 03:56:16 AM
 #79

And seriously, is there no longer the potential for inflow of funds from (combined) all retail users throughout the world so that we can only rely on funds managed by large institutions to touch the new ATH price?
Meanwhile, what we see is that funds from various failed atlcoins have the potential to contribute several portions of bitcoin's marketcap (remember, bitcoin is believed to be safe heaven). Not to mention, I'm not sure that the millionaire NFT sellers of the past have fully entered the Ordinal market.
We're truly being led by the media, specifically by major organizations. They want the whole world to look at them and recognize them as pioneers in accepting Bitcoin, so that when newcomers want to enter this market, they immediately think of them. That's the current approach they're taking to grab a lot of attention towards Bitcoin ETF, overshadowing other factors such as understanding how the formation and development of this market have occurred, and where the long-term price increase of Bitcoin truly lies.

It can't be denied that when ETF is approved, a tremendous amount of money will pour into this market, but it's not accurate to say that without ETF, there wouldn't be money flowing into this market. Before publicly acknowledging the acceptance of Bitcoin, large organizations or even countries have quietly invested money in this market under various forms for a long time.

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January 05, 2024, 06:21:38 AM
 #80

What if a new rugpull is in plan for crypto?

SEC denial of the approval can cause crypto to crash massively, if the ETF isn't approved by January buckle up for a spiral run down the hill kinda market behavior.

But alas, ETF approval have been around for year's and it has never been approved before, if it's a nO this time around it still won't stop Bitcoin from creating a new all time high.

The way consumers accept this bad news will determine how far Bitcoin can dip but understand that it's going to be a big opportunity to get more Bitcoin, do not follow the masses, as they can be easily lead astray.
Well again this will end in Waiting time , yeah ETF denial will never stop bitcoin from making another ATH because we have seen this happens many time before , but the thing here is that we are nearing the Halving so bitcoin will make another great chance to increase and so as we to purchase and make our folio open for another investing .
as soon as the market grows is the faster we can make withdrawal and money .









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