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Author Topic: Bitcoin price is rising faster and faster, It is time to Buy Bitcoin !  (Read 1236 times)
LeezHamilton (OP)
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February 27, 2024, 10:29:57 PM
 #1

Bitcoin price is rising faster and faster, It is time to Buy Bitcoin now before it is too late !

Is bitcoin price going to be above the $100 K end of the next 6 months ?

If it does, its mean it will cross  $150K by 25 December 2024.  
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February 27, 2024, 11:07:23 PM
Merited by hugeblack (4)
 #2

Sounds like FOMO. I don’t know if we will see bitcoin at 150k by the end of the year, no one can say that for sure. If you’re one easily swayed by price movements in bitcoin, you are likely to make the mistake of buying bitcoin at the top. It’s more profitable to buy bitcoin during the bear market than bullish seasons.

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February 27, 2024, 11:24:42 PM
 #3

Sounds like FOMO. I don’t know if we will see bitcoin at 150k by the end of the year, no one can say that for sure. If you’re easily swayed by price movements in bitcoin, you are likely to make the mistake of buying bitcoin at the top. It’s more profitable to buy bitcoin during the bear market than bullish seasons.
Bitcoin is best for discount price when you want to buy, and even if you have a long-term perspective in mind, yoh still will be better off uf you buy at a low price and that is why we sat buy the dip and sell the hypes, although FOMO is inevitable in this market so for that we need to trade with extra caution when it comes to buying Bitcoin mostly at an expensive price, because you may not know what direction the price will take next, but buying at a low price will position you in the more comfortable level whereas an investor you will not be under any price pressure coming from the volatility nature of Bitcoin while you hold along
But when you buy at a high price, your entry position alone has already placed you in an intense position that can possibly eat up your confidence innthe market and thereafter pressure you to take some action that will push you toward a more negative position as an investor.

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February 27, 2024, 11:53:37 PM
Last edit: February 28, 2024, 12:07:21 AM by Assface16678
 #4

Too much exaggeration. I know bitcoin might be in a bull run state, but that doesn't mean that it could reach $100k this year. Maybe it will reach another ATH, but $100k is too much. There is a possibility that it will reach that, but the thing is, we never know, and if beginners see this, they might rush to buy bitcoin, which is not a good idea. Buying bitcoin in order to hold it will require preparation and analysis. But, of course, who doesn't want a higher price for bitcoin? But let's be realistic here. But the question is, is this the phase of the bull run? or just bitcoin is doing a good movement that gives a good profit and opportunity, but there is still a risk of correction means it still might have a dip before the actual bull run comes, so still take precaution before engaging in the investment.

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February 27, 2024, 11:59:24 PM
 #5

Bitcoin price is rising faster and faster, It is time to Buy Bitcoin now before it is too late !

Is bitcoin price going to be above the $100 K end of the next 6 months ?

If it does, its mean it will cross  $150K by 25 December 2024.  
Yes, the price of bitcoin is very impressive as of today. Lucky are those who have invested when the price was still in $25k-$30k as they can decide to  sell their coins and gain massive profits already. However, the opportunity is still here if you are planning to enter the market and invest in bitcoin for long term. As long as bitcoin price performs positively, there will always be opportunities for those who wish to invest in bitcoin.

Now, talking if it’s going to reach $100k in 6 months. Yes it’s highly possible but we can’t also deny the fact that bitcoin price could suddenly crash and eventually we will witness another price decline. Bitcoin is highly volatile so better expect the unexpected. Same with if it will go above $150k by December, that depends on the price status of bitcoin that time and if it will still be making a consistent price increase in the market.
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February 28, 2024, 12:03:27 AM
Merited by hZti (1)
 #6

set rational expectations

2012(halving year) did not end on above $30 (previous 2011ATH)
2016(halving year) did not end on above $1.2k (previous 2013ATH)
2020(halving year) only just by days ended on above $20k (previous 2017ATH)

so be rational.
set december 2024 as expectation to not exceed $70k.. but be over $70k in 2025s ATH expected year

so invest based on that rational thought

buy low, sell high

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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February 28, 2024, 12:27:08 AM
 #7

This is so like those pictures spreading online about everybody falling in line to buy Bitcoin at $57,000 and nobody was in the booth that sold Bitcoin at $16,000.

It feels like something is wrong when somebody reminds everybody else to start buying because the price has already risen. It's probably wrong timing if one is scampering to buy Bitcoin because it is already the bull run.

Buying is at its ripest when the price has fallen down a lot. Panic moments in the market are buying moments.

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February 28, 2024, 01:48:14 AM
 #8

Bitcoin price is rising faster and faster, It is time to Buy Bitcoin now before it is too late !
It is not best time to buy Bitcoin but because the bull run is around the corner and Bitcoin does not break 2021 ATH, there is still enough time and chance to buy Bitcoin for 2024 - 2025 bull run.

I disagree with your call "Before it is too late". It is kind of a FOMO calling.

Quote
Is bitcoin price going to be above the $100 K end of the next 6 months ?

If it does, its mean it will cross  $150K by 25 December 2024.  
Don't try to predict the market, how it will move, when it will hit your target price because you never can predict it correctly.

If you are investing, do something you can control like the following to-do list.
- Choose a non custodial, open source wallet to use.
https://bitcoin.org/en/choose-your-wallet
- Read reviews about that wallet.
https://walletscrutiny.com/
- Download that wallet, verify it before using.
- Create your wallet.
- Back up your wallet.
- Use backup to recover your wallet and compare it to your original wallet. Make sure backup and recovery give you a same wallet.
- Load up bitcoin in your wallet.
- Don't store your bitcoin on centralized exchanges.
Reminder: do not keep your money in online accounts.
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February 28, 2024, 01:52:09 AM
 #9

Bitcoin price is rising faster and faster, It is time to Buy Bitcoin now before it is too late !

Is bitcoin price going to be above the $100 K end of the next 6 months ?

If it does, its mean it will cross  $150K by 25 December 2024.  
Lol you should have posted this days before and not just because is bullying you need to tell us to buy, because bitcoin even dropped 50k recently and that is the perfect time.

150k in December? well that is something that we need to have a prayer to happen.

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February 28, 2024, 01:59:47 AM
 #10

set rational expectations
so be rational.
set december 2024 as expectation to not exceed $70k.. but be over $70k in 2025s ATH expected year

so invest based on that rational thought

buy low, sell high


Yes, the halving period gives a good market effect.  I think every increase there is a decrease and this is natural. Seizing the moment is the best strategy, but buying low and selling high is the best desire. I have felt 2 halving periods and ATH always forms in a gap of several periods, if not wrong after 8-12 months. Realistically looking at the ATH Side in the previous period I expect the increase to be 2 times from the previous ATH. So I'd like to see BTC hovering around $135K.

R


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February 28, 2024, 02:18:51 AM
 #11


Yes, the halving period gives a good market effect.  I think every increase there is a decrease and this is natural. Seizing the moment is the best strategy, but buying low and selling high is the best desire. I have felt 2 halving periods and ATH always forms in a gap of several periods, if not wrong after 8-12 months. Realistically looking at the ATH Side in the previous period I expect the increase to be 2 times from the previous ATH. So I'd like to see BTC hovering around $135K.
Yes you are right the halving of Bitcoin can affect the market a lot. It's hard to predict the exact price like saying it will be $135K based on past trends and in my point of view it can go more up. Looking at past data is important but we also need to think about other things like how people feel about the market rules made by governments and the world economy. People  want to make a lot of money from investing but it's important to be careful and know the risks involved in Bitcoin before making decisions.

R


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February 28, 2024, 04:34:58 AM
 #12

Quote
Bitcoin price is rising faster and faster, It is time to Buy Bitcoin
The sad thing is that when bitcoin is priced at 15k or 20k USD, there are not too many people calling to buy, but when bitcoin reaches over 50k USD and surpass 69k$, there will be many people urging people to buy bitcoin at that time. But this is a part of the financial markets that we will never change, and that is without greedy newbies buying bitcoin at high prices. So how can those who buy at lower prices sell and make a profit?

The financial market is so harsh, so we need to have our own knowledge and research, don't be Fomo or buy based on someone else's advice.

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February 28, 2024, 04:45:59 AM
 #13

Those who kept waiting for the $10,000 are lost. I am glad I was able to catch the price action very early when It was at $40k, I called $20k and I was able to buy at $18-$20k. I am more than double on my investment and I couldn't be more happy. I am going to HODL it and will be doing regular DCAs as well throughout until it goes above $80,000. It wasn't easy however the pattern was understandable.
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February 28, 2024, 04:56:19 AM
 #14

Yeah but I am pretty sure the retail market is not leading this rally. It’s most likely the etf inflows and MSTR buying.

If you look at google trend, Reddit Cc visits, coinbase app rank, we are nowhere near levels as in the prior bull markets. Hence why we can keep rallying like this for the entire year.

I would hold at least till the halving and see how we are then. Most likely since there is less and less supply we should have a very bullish environment.

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February 28, 2024, 05:14:58 AM
 #15

Bitcoin price is rising faster and faster, It is time to Buy Bitcoin now before it is too late !
No time is too late to buy bitcoin. Is either you buy on lump sum, DCA or dip and HODl.

Is bitcoin price going to be above the $100 K end of the next 6 months ?
There is no guarantee that bitcoin will hit above $100k by the end of next 6 months, but the believe is that bitcoin will hit ATH or set another ATH from the previous $69k.

If it does, its mean it will cross  $150K by 25 December 2024.  
That is just a speculation. we wish the best for Bitcoin growth for all investors but by analysing things that will give us a fulse hope is not a good idea. Bitcoin price is unpredictable to calculate the new Hight but can predict the range of its growth.

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February 28, 2024, 06:44:13 AM
Merited by Catenaccio (1)
 #16

It is too soon to talk about bigger rises and FOMO style jumps because for the time being we only have a slow but solid rise. If you look at the charts you can see that we tested $50k resistance on Jan 11 and failed to break it and it broke on Feb 12 which is about a month showing this slow rise. Then after $50k reaching the current $57k which is a 12% rise took more than 2 weeks and considering we haven't broken any kind of major resistance (like $60k) yet, this is not a big enough momentum to discuss much bigger resistances such as $100k.

The potential is definitely there and all the signals are positive (like the 2 consecutive big green bars in past 2 days).

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It is time to Buy Bitcoin !
Yeah but the better time to buy bitcoin was when others were crying their hearts out about bitcoin being dead and dumping more like when price was in $20k and $30k.

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February 28, 2024, 08:26:32 AM
 #17

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It is time to Buy Bitcoin !
Yeah but the better time to buy bitcoin was when others were crying their hearts out about bitcoin being dead and dumping more like when price was in $20k and $30k.
It is still good to buy Bitcoin but better time to buy Bitcoin are months ago when people were mainly fearful about future of Bitcoin.

Surely this month is not best time to buy Bitcoin after it has 6 continuous green months since September 2023.

In 2022, 8 months are in red and it is better time to buy Bitcoin than in 2024, today when it crossed $58,000.

https://cryptorank.io/price/bitcoin

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February 28, 2024, 08:30:26 AM
 #18

Bitcoin price is rising faster and faster, It is time to Buy Bitcoin now before it is too late !

Is bitcoin price going to be above the $100 K end of the next 6 months ?

If it does, its mean it will cross  $150K by 25 December 2024.  
I strongly doubt the price of BTC will rise to $100k in 6months time, but we still have the halving to experience before a proper analysis can be given from my perspective.
Anyone still thinking of owning some should do so not minding the price or dip at any moment. The best approach to gain from BTC investments has always been to HoDL, while waiting for a time as when it gets to its ATH or something close to the $100k mark before one sells.

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February 28, 2024, 08:34:38 AM
 #19

Bitcoin price is on the rise, it seems that it will not take long for the price of Bitcoin to surpass 100k going forward, because the way that the price of Bitcoin has been rising in the last two days, it seems that the market is reviving.  It's good news for us, good news for everyone, good news for everyone, and the state of Bitcoin is very good for us, new investors and new projects.  We want the Keto currency to return to its previous form in 2022, as we have new projects, many projects have come, come 2024.  But you can buy it if you want because currently the price of Bitcoin is 58 thousand dollars and its price will increase to more than 70 thousand dollars.  Hopefully very soon.
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February 28, 2024, 08:35:32 AM
Merited by TheUltraElite (1)
 #20

Bitcoin price is rising faster and faster, It is time to Buy Bitcoin now before it is too late !

Is bitcoin price going to be above the $100 K end of the next 6 months ?

If it does, its mean it will cross  $150K by 25 December 2024.  

If you just got FOMO on situation better think about many things that can possibly affect your decisions. Although its good to buy at whatever price you want but you need to consider that any negative things that will come especially that bitcoin price is rising and we might see some pull backs that will happen and we should assure that we are fine if that scenario will came since if we are a type of person which easily got carried away with situation then I think its not best for us to buy while bitcoin price is pumping.

Don't think about there's late things on bitcoin  since anyone could enter at what price they want, but its important to consider some things especially their emotions so that they will not suffer from bad consequences of the action they done. We know that bitcoin price is pumping but we should know what is our target so that there's no confusion will happen and we can always hold to our created plan and we will never get distracted on anything that temporarily showing us in the market.

We don't know yet what will be the price to reach but its good to speculate about huge price to reach and let see if that one will achieve by bitcoin for this year.

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