wmaurik
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April 25, 2024, 02:00:35 PM |
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Bitcoin price is going to hit 100k very soon, because Bitcoin price will be very fast when the last time of Bitcoin price halving is held. And the 2020 halving history was just like that, and I learned more from the halving history that each halving saw the highest sales price increase the year after. So looking at past halvings and where we're at now, that's exactly where the price of Bitcoin is going to top out.
For now and in the future, there is even a possibility for Bitcoin to continue to improve again without having to link it to the history that occurred in 2020. Because this year Bitcoin has made new history by achieving its ATH and by accepting an ETF on Bitcoin so that it can increase the price in the market becomes faster. However, recently after the halving I saw that the market was a little slow to increase and tended to stagnate with small corrections, although this is not something to worry about because everyone can take advantage of conditions like that to continue buying before Bitcoin moves upwards again next month.
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JayJuanGee
Legendary
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Self-Custody is a right. Say no to"Non-custodial"
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April 25, 2024, 11:20:06 PM |
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It's not just about Bitcoin reaching a certain price like $100k or more. The key is to accumulate a good amount of bitcoin regardless of the price. If you have a small amount of bitcoin it won't make much of difference especially when it comes to fees. It's worth noting that the longer you practice using good strategy (DCA) in accumulate bitcoin the Greater the potential for a larger quantity of bitcoin. The more bitcoin you have the more potential for profits. So HODLing for a longer period of time can play a role in maximizing the profitability of your Bitcoin investment. So instead of just wishing of Bitcoin to skyrocket, its important to focus on buying as much bitcoin as possible at different times. You can use DCA method or take advantage of the dips in the market, it's all about stacking up a good quantity of bitcoin that can potentially put you in a position where you have enough to take profits and handle whatever you need to.
I largely agree with you, even though you make your points kind of strangely in terms of the trading term of "taking profits." Of course, we have a kind of built in presumption that in within a longer timeline bitcoin is likely to be higher in price than it is today and that it is likely going to continue to go up in price, even though surely we should recognize and appreciate that such ongoing upward trajectory is not guaranteed, so we cannot act as if such going up in price is guaranteed.. however, at the same time, we consider that if we are ongoingly stacking bitcoin, then we are likely going to have more options down the road as compared to now, whether our investment timeline is 4-10 years or longer... so bitcoin likely increases our options, even though we are not guaranteed to experience increased options through our involvement in it. So yeah, I am not really liking that whole dynamic as taking profits, even though technically you are correct that profit-taking would exist in such circumstances that any of us start to either live off our bitcoin proceeds or to otherwise supplement our expenses and/or life-style by the fact that our bitcoin holdings are going to have good odds of either retaining their value or perhaps increasing in value in the coming 4-10 years or longer. For those still in accumulating phase it's important not to be eager for bitcoin to skyrocket to the moon. Because if that happens, you might end up buying less bitcoin with a bigger amount of money and take away the mindset of seeking immediate profits it can lead to selling at small profit margin. So take your time keep accumulating and focus on building a solid Bitcoin portfolio that aligns with your goals.
That sounds right.. .some newbies get too excited about bitcoin going up in price quickly, and bitcoin going up in price so quickly is not necessarily helpful to their situation, even though there is nothing that we can really do about it going up, except like you suggested, to keep stacking and try to continue to build our BTC stack so that maybe some day down the road we will be in even a better position for it to go up more.. and so we cannot really know for sure, but newbies, or even bitcoin accumulators/holders who have been in bitcoin for less than 1 or 2 cycles, they probably are still needing to continue stacking, even if the price seems to sometimes be going up alot. .which can also be kind of uncomfortable.. but it might really be the most practical way of approaching your journey to continually continue to build the size of your BTC stash, as you already mentioned.
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Troytech
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April 25, 2024, 11:43:30 PM Merited by JayJuanGee (1) |
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For those still in accumulating phase it's important not to be eager for bitcoin to skyrocket to the moon. Because if that happens, you might end up buying less bitcoin with a bigger amount of money and take away the mindset of seeking immediate profits it can lead to selling at small profit margin. So take your time keep accumulating and focus on building a solid Bitcoin portfolio that aligns with your goals.
That sounds right.. .some newbies get too excited about bitcoin going up in price quickly, and bitcoin going up in price so quickly is not necessarily helpful to their situation, even though there is nothing that we can really do about it going up, except like you suggested, to keep stacking and try to continue to build our BTC stack so that maybe some day down the road we will be in even a better position for it to go up more.. and so we cannot really know for sure, but newbies, or even bitcoin accumulators/holders who have been in bitcoin for less than 1 or 2 cycles, they probably are still needing to continue stacking, even if the price seems to sometimes be going up alot. .which can also be kind of uncomfortable.. but it might really be the most practical way of approaching your journey to continually continue to build the size of your BTC stash, as you already mentioned. You have raised this up before about each of us setting put our set of possible senerios and outcomes relating to our bitcoin investment and set plans incase any of them plays out, I think in cases like this when the increase in Bitcoin is against low coiner or newbies in a way the only solution to that would be to keep cash reserves so shoudl in case the price settles or begins to dip we can buy hugely in such condition and balance out our portfolio. Most newbies don't actually know that the only way to prepare for up is to have enough bitcoin and when the price of bitcoin increases they are not yet qualified to be that joyful cause it even against them that needs to keep on buying even during times of high prices. And buying to much at this hight price would end up increasing your overall buying average especially if your using DCA cause you would be buying up the trend and the best way to balance this out is to also buy as much during lower prices.
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Stablexcoin
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For those still in accumulating phase it's important not to be eager for bitcoin to skyrocket to the moon. Because if that happens, you might end up buying less bitcoin with a bigger amount of money and take away the mindset of seeking immediate profits it can lead to selling at small profit margin. So take your time keep accumulating and focus on building a solid Bitcoin portfolio that aligns with your goals.
That sounds right.. .some newbies get too excited about bitcoin going up in price quickly, and bitcoin going up in price so quickly is not necessarily helpful to their situation, even though there is nothing that we can really do about it going up, except like you suggested, to keep stacking and try to continue to build our BTC stack so that maybe some day down the road we will be in even a better position for it to go up more.. and so we cannot really know for sure, but newbies, or even bitcoin accumulators/holders who have been in bitcoin for less than 1 or 2 cycles, they probably are still needing to continue stacking, even if the price seems to sometimes be going up alot. .which can also be kind of uncomfortable.. but it might really be the most practical way of approaching your journey to continually continue to build the size of your BTC stash, as you already mentioned. You have raised this up before about each of us setting put our set of possible senerios and outcomes relating to our bitcoin investment and set plans incase any of them plays out, I think in cases like this when the increase in Bitcoin is against low coiner or newbies in a way the only solution to that would be to keep cash reserves so shoudl in case the price settles or begins to dip we can buy hugely in such condition and balance out our portfolio. Most newbies don't actually know that the only way to prepare for up is to have enough bitcoin and when the price of bitcoin increases they are not yet qualified to be that joyful cause it even against them that needs to keep on buying even during times of high prices. And buying to much at this hight price would end up increasing your overall buying average especially if your using DCA cause you would be buying up the trend and the best way to balance this out is to also buy as much during lower prices. The problem with new investors is that they tend to be in a haste to start taking profits even with their low amount of Bitcoin. After 3-6 months of investing in Bitcoin and then an increase in the price of Bitcoin they now feel that they are ready to take some profits because the value in USD is now greater than the amount they invested. Such an investor is blinded by little profits, of course, if he continues that way he won't have a successful investment. For sure one will be held accountable for his own mistakes. One should prioritize having a strong portfolio before thinking about taking profits. As a beginner what should be in the mind is how to accumulate a substantial amount of Bitcoin now before the next ATH. This is because they may never get to buy Bitcoin at this price in the next 6 months. It's a speculation but it's worth putting into consideration. If the price eventually gets to 100k what will be their faith, it will be difficult for them to accumulate more compared to what they would have accumulated if they had bought them now. And there is a high probability that their income will remain the same, which the difficulties are now because they will be fighting against inflation or purchasing power and still trying to accumulate. That means if they could have used a year to accumulate 1 Bitcoin if they had bought now it will take them 2 to 3 years to accumulate 1 Bitcoin.
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rodskee
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★Bitvest.io★ Play Plinko or Invest!
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April 26, 2024, 01:32:28 AM |
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Bitcoin price is going to hit 100k very soon, because Bitcoin price will be very fast when the last time of Bitcoin price halving is held.
actually I don't see it that way mate , how could you say that will grow very fast when the market is showing that not so easy to make it to 6 digits lol. And the 2020 halving history was just like that, and I learned more from the halving history that each halving saw the highest sales price increase the year after.
don't compare this halving into the last one because bitcoin changed course this year when it broke ATH before we even reach halving. So looking at past halvings and where we're at now, that's exactly where the price of Bitcoin is going to top out.
is this market shows like that? because I see not closer to that
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JayJuanGee
Legendary
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Self-Custody is a right. Say no to"Non-custodial"
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April 26, 2024, 04:44:45 AM Last edit: April 26, 2024, 04:56:22 AM by JayJuanGee |
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For those still in accumulating phase it's important not to be eager for bitcoin to skyrocket to the moon. Because if that happens, you might end up buying less bitcoin with a bigger amount of money and take away the mindset of seeking immediate profits it can lead to selling at small profit margin. So take your time keep accumulating and focus on building a solid Bitcoin portfolio that aligns with your goals.
That sounds right.. .some newbies get too excited about bitcoin going up in price quickly, and bitcoin going up in price so quickly is not necessarily helpful to their situation, even though there is nothing that we can really do about it going up, except like you suggested, to keep stacking and try to continue to build our BTC stack so that maybe some day down the road we will be in even a better position for it to go up more.. and so we cannot really know for sure, but newbies, or even bitcoin accumulators/holders who have been in bitcoin for less than 1 or 2 cycles, they probably are still needing to continue stacking, even if the price seems to sometimes be going up alot. .which can also be kind of uncomfortable.. but it might really be the most practical way of approaching your journey to continually continue to build the size of your BTC stash, as you already mentioned. You have raised this up before about each of us setting put our set of possible senerios and outcomes relating to our bitcoin investment and set plans incase any of them plays out, I think in cases like this when the increase in Bitcoin is against low coiner or newbies in a way the only solution to that would be to keep cash reserves so shoudl in case the price settles or begins to dip we can buy hugely in such condition and balance out our portfolio. Yeah, but I don't think that I am really saying that, since newbies might already start out investing as much as they can invest, while they might also be making sure to build and emergency fund and to try to make other balances in their finances (and psychology is partly based on having good finances in place), so the brand newbies might not have extra money available that they are able to invest - and sure, we cannot generalize because financial situations of people will differ.. yet, I think that the main point that I was making was that brand newbies or even anyone investing into bitcoin for just a year or two, really should not have any reason to be getting excited about bitcoin prices going up unless they had financial abilities to front load their investments (so they might be newbies to bitcoin but not newbies to investing). Most newbies don't actually know that the only way to prepare for up is to have enough bitcoin and when the price of bitcoin increases they are not yet qualified to be that joyful cause it even against them that needs to keep on buying even during times of high prices.
That is mostly true for investors who had not been able to front-load.. which is likely a large majority of investors, because sometimes even some new investors who are able to front load, they still might take a decently long period of time 6 months to 2 years or even longer to establish their targeted accumulation level, for example if someone has $100k invested in various non-BTC investments that he had built up over the past 10 years (so maybe he already had built up a habit of investing $200 per week), and then he comes to BTC, and instead of investing $200 per week, he would like to get up to a 15% allocation (which would be in the ballpark of $15k), but he does not want to screw up aspects of his other non-BTC holdings, so maybe he will invest something like $500 per week for the next 30 weeks (which is slightly more than 6 months), and so he figures out some way to accomplish that kind of a front loading, but in the meantime, he might study bitcoin and still figure that whatever he had been able to accomplish was not necessarily enough, so he might end up extending his investment plan, so yeah, maybe in this particular example the guy is mostly ok. with bitcoin staying down while he is establishing his initial stake which he considers is goign to take him 6 months to reach his target. And buying to much at this hight price would end up increasing your overall buying average especially if your using DCA cause you would be buying up the trend and the best way to balance this out is to also buy as much during lower prices.
So then there could be some questions regarding whether newbies might be able to employ more than one plan at a time, or whether they might have to get their initial stake in BTC, and maybe the guy who has absolutely no other investments, and he can only afford to invest between $20 and $40 per week, and maybe he might have another $10 to $20 that he might be able to either throw in on weeks that he believes the BTC price is low, or he is just saving an extra $10 to $20 per week to buy on dips, so it is not really clear if he is advantaged by saving the extra $10 to $20 on the side or just adding it to the $20-$40 amount that he is already investing every week... Frequently, I personally would be suggesting that as long as the newbie is buying every week, then maybe he might attempt to strategize his buys within the week to try to get them on dips within the week, but he may well be better off just spending whatever he has available every week, instead of holding back some amounts to prepare for dips.. but maybe after he has been already engaging in those kinds of strategies to invest $20 to $60 per week (adding in the extra part of the range of how much he has available per week), then after a year or two of doing that, then maybe he can start to tailor his practices, and even now, if the BTC prices goes shooting up to $200k or higher in 2024 or even $400k or higher in 2025, there may be some points in which a person might choose to not invest as aggressively and to hold back some of his weekly allowance amounts for possible dips.. but yeah in these price territories and maybe anything below $120k would not necessarily justify any needs to hold back depending on how much a person is able to get in and if he is continuing to earn an income, the money is still coming in, the $20-$60 per week and so the decision is whether to just keep on buying or whether to hold any of that back to be able to buy on dips that might happen (outside of his weekly buys - or even skip some weekly buys)... and I surely cannot really say what would be the best thing to do, and sometimes there can be some advantage in investing all of the authorized amount right away, and other times there could become some advantages in holding some of that back and allowing it to build up until some dips happen. [edited out]
The problem with new investors is that they tend to be in a haste to start taking profits even with their low amount of Bitcoin. After 3-6 months of investing in Bitcoin and then an increase in the price of Bitcoin they now feel that they are ready to take some profits because the value in USD is now greater than the amount they invested. Such an investor is blinded by little profits, of course, if he continues that way he won't have a successful investment. For sure one will be held accountable for his own mistakes. One should prioritize having a strong portfolio before thinking about taking profits. As a beginner what should be in the mind is how to accumulate a substantial amount of Bitcoin now before the next ATH. This is because they may never get to buy Bitcoin at this price in the next 6 months. It's a speculation but it's worth putting into consideration. If the price eventually gets to 100k what will be their faith, it will be difficult for them to accumulate more compared to what they would have accumulated if they had bought them now. And there is a high probability that their income will remain the same, which the difficulties are now because they will be fighting against inflation or purchasing power and still trying to accumulate. That means if they could have used a year to accumulate 1 Bitcoin if they had bought now it will take them 2 to 3 years to accumulate 1 Bitcoin. I don't really disagree with anything that you said, except when you are pointing out $100k as if it might be some kind of a target goal, that just seems short-sighted and whimpy in terms of any kind of goal that a newbie might have.. .. if you are fairly new to bitcoin don't you just keep buying at $100k? i would think so, but yeah, maybe it also depends on how long you have been accumulating.. less than 4 years, and how much have you been able to accumulate relative to your annual income.. those kinds of factors could help to inform a guy regarding what to do and whether to continue to continue accumulating, and yeah this thread has a $100k discussion points, so maybe that is a bit bothersome in terms of planting seeds in the minds of some regular people that $100k would be any kind of meaningful target level, unless maybe the guy had already been in bitcoin for more than a whole cycle, and maybe even reached fuck you status, but even I am not proclaiming that broad sales should be done at any price point since I am more of an advocate of incrementalism both in terms of accumulation, but also in terms of strategies that involve selling BTC too (after sufficient quantities of it have already been accumulated). Bitcoin price is going to hit 100k very soon, because Bitcoin price will be very fast when the last time of Bitcoin price halving is held.
actually I don't see it that way mate , how could you say that will grow very fast when the market is showing that not so easy to make it to 6 digits lol. I don't read the market like that. I don't see the market saying that it is "not easy to make it to 6 digits" You can read the market however, you like , but I see the BTC price went up right around 7.5x in 4.5 months, but then there is a bit of a pause.. So what? The pause has a lot less significance than what you seem to be making it out to be, especially when there have been several attempts to go back down that have not been working out very well.. so you can read all that you like into the failure to go up rather than the failure to go back down.. Interpret the situation to your own desire and hopefully you have sufficiently and adequately prepared your own self for up in case it happens to happen. And the 2020 halving history was just like that, and I learned more from the halving history that each halving saw the highest sales price increase the year after.
don't compare this halving into the last one because bitcoin changed course this year when it broke ATH before we even reach halving. I agree with you here that FinePoine0 seems to be talking gobble-dee gook. So looking at past halvings and where we're at now, that's exactly where the price of Bitcoin is going to top out.
is this market shows like that? because I see not closer to that Seems that FinePoine0 is talking gobble-dee-gook here too.
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Marvelockg
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April 26, 2024, 06:19:19 AM Merited by JayJuanGee (1) |
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Frequently, I personally would be suggesting that as long as the newbie is buying every week, then maybe he might attempt to strategize his buys within the week to try to get them on dips within the week, but he may well be better off just spending whatever he has available every week, instead of holding back some amounts to prepare for dips.. but maybe after he has been already engaging in those kinds of strategies to invest $20 to $60 per week (adding in the extra part of the range of how much he has available per week), then after a year or two of doing that, then maybe he can start to tailor his practices, and even now, if the BTC prices goes shooting up to $200k or higher in 2024 or even $400k or higher in 2025, there may be some points in which a person might choose to not invest as aggressively and to hold back some of his weekly allowance amounts for possible dips.. but yeah in these price territories and maybe anything below $120k would not necessarily justify any needs to hold back depending on how much a person is able to get in and if he is continuing to earn an income, the money is still coming in, the $20-$60 per week and so the decision is whether to just keep on buying or whether to hold any of that back to be able to buy on dips that might happen (outside of his weekly buys - or even skip some weekly buys)... and I surely cannot really say what would be the best thing to do, and sometimes there can be some advantage in investing all of the authorized amount right away, and other times there could become some advantages in holding some of that back and allowing it to build up until some dips happen.
personally I don't think such kind of scenario where an investor will make plans to hold back on his weekly DCA routine for the purpose of buying at a DIP price will work well for most newbies and individual that aren't financially strong enough to DCA with a good amount on a weekly or monthly bases, and from my little observation, it's always very rear to see a sharp difference in Bitcoin price within different days of the week such that if you made plans to time a suitable day, you could be able to buy at a cheaper price and even if you're able to buy a $40 worth of Bitcoin at an assumed dip of $60k at the least and the highest for the week came up to $80k, because of how small your $40 weekly DCA amount is, it wouldn't make much difference if you bought at $60k, $70k or $80k and I guess that's one reason why for an individual that's still trying to stack up a good chunk of Bitcoin, it should be more about being consistent with your DCA routine and allowing the compounding effect of regular purchases enable you to build up a strong portfolio first before considering merging different accumilation methods like buying during the dip or technically timing the market to some extent. But then, for those that have the resource to buying much at a time, then every opportunity to buy at the dip will aid them in building up there portfolio and so it's understandable if they make attempt to look out for some sort of comfortable days to buy or maybe have a sort of combination of possibly fixing an amount that's to be used in buying Bitcoin at a particular day of the week regardless of the price while another reserve can be kept to buying at special dips. but at the end of the day, these kind of situation are very much dependent om the individuals financial strength and willingness to investing that much into Bitcoin.
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lizarder
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April 26, 2024, 08:58:10 AM Merited by JayJuanGee (1) |
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We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving. We saw a favorable moment to sell some of the assets we owned at that time and bitcoin actually surpassed its pre-halving high. If I look at Bitcoin's journey, I can conclude that now people have seen how fundamental this asset is. I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up? Optimistic that bitcoin far exceeds this price because we can see how bitcoin always raises a new price after the ATH is reached. Your desired price has been reached and even now people are starting to make much higher predictions. But the rate of decline is certain even though it does not occur in a short time and Bitcoin can never escape correction or recovery. For the next few months, I don't see a sharp decline and I am still optimistic that the market will become more sustainable at the current price range.
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AnonBitCoiner
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April 26, 2024, 11:52:41 AM |
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For now and in the future, there is even a possibility for Bitcoin to continue to improve again without having to link it to the history that occurred in 2020. Because this year Bitcoin has made new history by achieving its ATH and by accepting an ETF on Bitcoin so that it can increase the price in the market becomes faster. However, recently after the halving I saw that the market was a little slow to increase and tended to stagnate with small corrections, although this is not something to worry about because everyone can take advantage of conditions like that to continue buying before Bitcoin moves upwards again next month.
The market is not stable so don't worry when it goes a little bit down as both negative and positive movements are of advantage if we understand it and decide according to the market whether to buy or sell. In the year of 2024 two most important events like Bitcoin ETF and halving has taken place so in this year we will see something big or maybe the effects do not arise faster or take some time up to next year. This time nobody has examined the huge pump therefore if someone has saved money then they can use it in Bitcoin buying as in a few months the market will recover back and will elevate. Try to think this time as in your favor because stressful thoughts will never give you anything instead of forcing you to decide with the wrong concept.
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usekevin
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I largely agree with you, even though you make your points kind of strangely in terms of the trading term of "taking profits."
Of course, we have a kind of built in presumption that in within a longer timeline bitcoin is likely to be higher in price than it is today and that it is likely going to continue to go up in price, even though surely we should recognize and appreciate that such ongoing upward trajectory is not guaranteed, so we cannot act as if such going up in price is guaranteed.. however, at the same time, we consider that if we are ongoingly stacking bitcoin, then we are likely going to have more options down the road as compared to now, whether our investment timeline is 4-10 years or longer... so bitcoin likely increases our options, even though we are not guaranteed to experience increased options through our involvement in it.
So yeah, I am not really liking that whole dynamic as taking profits, even though technically you are correct that profit-taking would exist in such circumstances that any of us start to either live off our bitcoin proceeds or to otherwise supplement our expenses and/or life-style by the fact that our bitcoin holdings are going to have good odds of either retaining their value or perhaps increasing in value in the coming 4-10 years or longer.
The bitcoin was the potential coin and survived more then a decade,So the investment in the bitcoin is almost risk free compared to the other altcoin.The biggest task before investing in the bitcoin is choosing the price at which you are going to enter the market.The maximum prediction help you to get more profit from the bitcoin.And now the halves is going one,So if you choose the exact price of the bitcoin.This help the trader to get double the profit compared to the normal market.Instead of staking the bitcoin the trader can hold the bitcoin in the private wallet.Because staking may have the specific holding period.This may skip your profit by the struck of bitcoin during bull run.
That sounds right.. .some newbies get too excited about bitcoin going up in price quickly, and bitcoin going up in price so quickly is not necessarily helpful to their situation, even though there is nothing that we can really do about it going up, except like you suggested, to keep stacking and try to continue to build our BTC stack so that maybe some day down the road we will be in even a better position for it to go up more.. and so we cannot really know for sure, but newbies, or even bitcoin accumulators/holders who have been in bitcoin for less than 1 or 2 cycles, they probably are still needing to continue stacking, even if the price seems to sometimes be going up alot. .which can also be kind of uncomfortable.. but it might really be the most practical way of approaching your journey to continually continue to build the size of your BTC stash, as you already mentioned.
The people who get into the bitcoin mostly do excited by seeing the small pump in the bitcoin price.If they analyse the entire price change in the bitcoin,they will place all the money in the bitcoin lol.Because the bitcoin was struggled a lot of 30k dollars last year,but the halves made the traders to able to come across the value of the 71k dollars which almost 2x of the last time price.The bitcoin holding people mostly earn the money at the bull run compared to the person who buy the bitcoin at the starting of the bull run.The trader should continue his journey till he had achieved the targeted price in the bitcoin to achieve the targeted profit.
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Taskford
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April 26, 2024, 01:17:29 PM |
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Bitcoin price is going to hit 100k very soon, because Bitcoin price will be very fast when the last time of Bitcoin price halving is held. And the 2020 halving history was just like that, and I learned more from the halving history that each halving saw the highest sales price increase the year after. So looking at past halvings and where we're at now, that's exactly where the price of Bitcoin is going to top out.
For now and in the future, there is even a possibility for Bitcoin to continue to improve again without having to link it to the history that occurred in 2020. Because this year Bitcoin has made new history by achieving its ATH and by accepting an ETF on Bitcoin so that it can increase the price in the market becomes faster. However, recently after the halving I saw that the market was a little slow to increase and tended to stagnate with small corrections, although this is not something to worry about because everyone can take advantage of conditions like that to continue buying before Bitcoin moves upwards again next month. This is one that people need to loo forward since by this year to many great achievements gotten by bitcoin and for sure that there would be a lot more especially that bitcoin has getting much attention on the mainstream. Also a lot of institutional investors are now acknowledging it as one of the best investment to have that's the reason that those figures predicted by people is really impossible to achieve. We may create a new history with that if bitcoin successfully reach to six digits in figures. Some people got disappointed to see some slow movements of price after halving but I find it normal since we already got those big ones for past few months and not bitcoin price became more calmer but also there would be more since we are not yet done with this year and there's still lot of chance for people to accumulate then maybe after that if demand will increase then we can also see the price would come together with those demands keep coming with bitcoin.
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Tmoonz
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April 26, 2024, 02:32:14 PM Last edit: April 26, 2024, 02:44:56 PM by Tmoonz Merited by JayJuanGee (1) |
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The bitcoin was the potential coin and survived more then a decade,So the investment in the bitcoin is almost risk free compared to the other altcoin. The biggest task before investing in the bitcoin is choosing the price at which you are going to enter the market.The maximum prediction help you to get more profit from the bitcoin.And now the halves is going one,So if you choose the exact price of the bitcoin.This help the trader to get double the profit compared to the normal market.Instead of staking the bitcoin the trader can hold the bitcoin in the private wallet.Because staking may have the specific holding period.This may skip your profit by the struck of bitcoin during bull run.
The people who get into the bitcoin mostly do excited by seeing the small pump in the bitcoin price.If they analyse the entire price change in the bitcoin,they will place all the money in the bitcoin lol.Because the bitcoin was struggled a lot of 30k dollars last year,but the halves made the traders to able to come across the value of the 71k dollars which almost 2x of the last time price.The bitcoin holding people mostly earn the money at the bull run compared to the person who buy the bitcoin at the starting of the bull run. The trader should continue his journey till he had achieved the targeted price in the bitcoin to achieve the targeted profit. Bitcoin is a potential coin and it is still a potential coin. Considering Bitcoin investment in terms of long term plan has made it easier and very possible never to time the market before buying Bitcoin, with your dca strategy you can buy Bitcoin irrespective of the price whether high or low at different intervals wether weekly or monthly according to your financial status, with the purpose of not timing the market conditions when you have but little worth of Bitcoin, a long investors are no longer worried about timing the market conditions but rather they maximize every opportunity they see in the market just to ensure they are not going to miss any buying opportunities but to have more of Bitcoin, don't forget that Bitcoin is volatile and no one can actually predict or speculate the market conditions correctly. All your narratives are pretty much of a trading strategy which is very bad and is more like gambling than investing which causes a lot of emotional devastation that is not even necessary, but however you can do whatever you like. It is very retarding and short sighted for any one approaching Bitcoin as a tradable coin.
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Falconer
Legendary
Offline
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Anonymous crypto exchanger
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 26, 2024, 04:03:50 PM |
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-snip-
For now and in the future, there is even a possibility for Bitcoin to continue to improve again without having to link it to the history that occurred in 2020. Because this year Bitcoin has made new history by achieving its ATH and by accepting an ETF on Bitcoin so that it can increase the price in the market becomes faster. However, recently after the halving I saw that the market was a little slow to increase and tended to stagnate with small corrections, although this is not something to worry about because everyone can take advantage of conditions like that to continue buying before Bitcoin moves upwards again next month. Bitcoin has hit its new ATH before the halving, which is unexpected in this halving cycle. Prices don't increase significantly immediately after the halving, that's a normal thing that you don't need to worry about. Over time the market will grow by itself which in turn will make Bitcoin's market capitalization rise, but this will of course take months. I agree that we are on the road to a $100k price for bitcoin, but $100k is not being reached as easily as one might hope. Volatility cannot be separated, even a small correction is still very likely due to panic selling by some holders.
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JayJuanGee
Legendary
Online
Activity: 3808
Merit: 10702
Self-Custody is a right. Say no to"Non-custodial"
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April 26, 2024, 04:38:05 PM Last edit: April 26, 2024, 05:10:03 PM by JayJuanGee |
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The bitcoin was the potential coin and survived more then a decade,So the investment in the bitcoin is almost risk free compared to the other altcoin. The biggest task before investing in the bitcoin is choosing the price at which you are going to enter the market.The maximum prediction help you to get more profit from the bitcoin.And now the halves is going one,So if you choose the exact price of the bitcoin.This help the trader to get double the profit compared to the normal market.Instead of staking the bitcoin the trader can hold the bitcoin in the private wallet.Because staking may have the specific holding period.This may skip your profit by the struck of bitcoin during bull run. The people who get into the bitcoin mostly do excited by seeing the small pump in the bitcoin price.If they analyse the entire price change in the bitcoin,they will place all the money in the bitcoin lol.Because the bitcoin was struggled a lot of 30k dollars last year,but the halves made the traders to able to come across the value of the 71k dollars which almost 2x of the last time price.The bitcoin holding people mostly earn the money at the bull run compared to the person who buy the bitcoin at the starting of the bull run. The trader should continue his journey till he had achieved the targeted price in the bitcoin to achieve the targeted profit. Bitcoin is a potential coin and it is still a potential coin. Considering Bitcoin investment in terms of long term plan has made it easier and very possible never to time the market before buying Bitcoin, with your dca strategy you can buy Bitcoin irrespective of the price whether high or low at different intervals wether weekly or monthly according to your financial status, with the purpose of not timing the market conditions when you have but little worth of Bitcoin, a long investors are no longer worried about timing the market conditions but rather they maximize every opportunity they see in the market just to ensure they are not going to miss any buying opportunities but to have more of Bitcoin, don't forget that Bitcoin is volatile and no one can actually predict or speculate the market conditions correctly. All your narratives are pretty much of a trading strategy which is very bad and is more like gambling than investing which causes a lot of emotional devastation that is not even necessary, but however you can do whatever you like. It is very retarding and short sighted for any one approaching Bitcoin as a tradable coin.Good points Tmoonz.. .. I had not paid as much attention to some of usekevin's points about waiting and trying perfect entry points, and also those little implications that bitcoin is merely just one coin among other coins.. which surely I tend to find those kinds of comments problematic in terms of failing/refusing to recognize the power of bitcoin in a sufficiently clear enough way. .....but $100k is not being reached as easily as one might hope. Volatility cannot be separated, even a small correction is still very likely due to panic selling by some holders.
It is crazy for people to have some kinds of bearish ideas in their head because of dumbass beliefs that we are not getting to $100k quick enough.. Those are stupid ideas that a lot of people seem to share with their dumbass maniacal focus on $100k as if that random price holds much if any meaning beyond the symbolism of 6 digits rather than 5 digits.. so fucking what? That $100k price is ONLY around $36.5% higher than our current price, and it is only around 26% higher than our current ATH of $73,794... so these are all amateur amounts of BTC price appreciation that is likely to be coming down the road (of course, it is not guaranteed but surely neither BIG numbers or even signs that bitcoin is struggling to get to $100k. And if you are suggesting that bitcoin's failure to reach $100k in 2021 is some kind of failure, then that seems a bit too much reading into the matter, even though surely bitcoin's UPPity price performance of the 2021 cycle was much less than it's 2017 Uppity price performance, but all of that still seem like BIG SO FUCKING whats in regards to proclaiming some kind of disappointment because BTC is either not going up fast enough or various other measures that suggest that BTC prices should be higher than they are.. .. which yeah, maybe you have good intentions with some of that, but I think that the fact of the matter is that bitcoin is still doing pretty good and continues to do pretty good and there seem to be no need to ascribe high expectations upon it and then proclaim that it is failing to sufficiently/adequately perform when the fact of the matter is that anyone buying BTC for long periods of time and mostly erroring on the side of either accumulating and/or holding BTC (even if they done so in relatively whimpy ways) have gotten rich as fuck by engaging in such practices that mostly accumulate and hold bitcoin rather than worrying about if bitcoin is topping or under performing or whatever. Even with you, you have been registered on the forum for nearly as long as me, and so if you had even been engaging in a fairly modest BTC accumulation and holding practice of even $20 per week for the last 9.5 years, you would have invested around $10k, yet you would have had accumulated nearly 8 BTC (you can enter the calculation here - https://costavg.com/), so hopefully whatever you have been doing has been able to come close to those kinds of results.. even though I know some folks get delayed in their start to bitcoin but still .. seems to have had been a good policy and practice to ongoingly accumulate and hold BTC until you get up to a quantity of having enough or more than enough BTC, and surely someone who is ONLY putting around $20 per week into BTC might have gotten to a point of having enough or more than enough BTC if he has nearly 8 BTC right now.. yet none of us can necessarily answer for the conditions of someone else without having more information.
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Ricardo11
Full Member
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April 26, 2024, 05:56:34 PM |
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After this Bitcoin halving Bitcoin price is not increasing as we expected, Bitcoin price going to 100k won't be very easy. We may have to wait a long time for this. But at the moment, those who can hold without panic are the only ones who can benefit. Bitcoin has always been a currency of this high potential. So you can fully trust and hold Bitcoin.
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Zackz5000
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April 26, 2024, 06:51:12 PM Last edit: April 27, 2024, 12:31:33 PM by Zackz5000 |
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After this Bitcoin halving Bitcoin price is not increasing as we expected, Bitcoin price going to 100k won't be very easy. We may have to wait a long time for this. But at the moment, those who can hold without panic are the only ones who can benefit. Bitcoin has always been a currency of this high potential. So you can fully trust and hold Bitcoin.
You are right about all what you have said about Bitcoin but you should also remember that Bitcoin is a volatile asset which price is unpredictable which price can change rapidly from the current price it is now to a higher price or lower price vis versa, so as long as it is Bitcoin we are talking about anything can happen concerning its price not getting to 100k. But best for investors who can be able to hodl for a longer period of time like 4-10 years.
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BITCOIN4X
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April 26, 2024, 07:56:08 PM |
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After this Bitcoin halving Bitcoin price is not increasing as we expected, Bitcoin price going to 100k won't be very easy. We may have to wait a long time for this. But at the moment, those who can hold without panic are the only ones who can benefit. Bitcoin has always been a currency of this high potential. So you can fully trust and hold Bitcoin. Don't worry, sooner or later $100k will become a reality. What you need to do now is be patient and accumulate if you have the budget, this is a smart choice when you expect big returns from Bitcoin at its peak price later. There is no point in hoping for a price of $100k if you don't have bitcoin, at least it won't benefit you. The potential to reach $100k during this year is much greater than previous halvings, so put aside your worries and get your optimism higher than ever. If you don't have the budget, just hold onto existing bitcoins for longer and don't be affected by their price volatility.
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JayJuanGee
Legendary
Online
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Self-Custody is a right. Say no to"Non-custodial"
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April 26, 2024, 08:11:33 PM |
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After this Bitcoin halving Bitcoin price is not increasing as we expected,
Who is the "we?" Are you just talking about yourself or some other looney who believes to know which way the BTC price is going to go in the short term? Bitcoin price going to 100k won't be very easy.
Why? Are you just guessing? We may have to wait a long time for this.
True. We may. And also true that we may not have to wait for a long time. But at the moment, those who can hold without panic are the only ones who can benefit.
It is dangerous to put folks into one category, as if everyone is in the same place... There are all kind of ways that people differ in terms of their BTC holdings and/or their management of their holdings. To the extent that you are suggesting that an overwhelming number of folks are either no coiners or low coiners, then you would be correct in that regard, if that might be what you are saying. Bitcoin has always been a currency of this high potential. So you can fully trust and hold Bitcoin.
"Fully trust?" Are you guaranteeing something? I would suggest figuring out a BTC allocation that is comfortable rather than thinking in terms of all or nothing.
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Mr.suevie
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April 26, 2024, 08:34:32 PM Merited by JayJuanGee (1) |
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With all what I seen with my little time and experience on the Bitcoin market, I have certainly concluded that if the price wants to pump up to 150k it won't take much time for it to do so because when the pumps come it usually doesn't looks and what's for no mam because what I experience when the price moved from 36k to 73k is certainly amazing and it won't suprised me anymore if actually the price pumped up to even 150k.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | | | [ | 1,000x LEVERAGE | ] | [ | . COMPETITIVE FEES | ] | [ | INSTANT EXECUTION | ] | | | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | ████████████████████████████████████████████████████████ . TRADE NOW . ████████████████████████████████████████████████████████ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ |
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Bitcoin_people
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April 27, 2024, 01:49:26 AM |
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We have seen a huge swing in the price of Bitcoin in the new year and it has reached an all-time high. Where we can assume that a new ATH has formed in the Bitcoin market and we have seen a new road. As we are currently in the year 2024 and at the beginning we saw the Bitcoin market peaking at $73k. However, currently we can see that the market has moved down slightly after the Bitcoin halving and currently the Bitcoin market is hovering around $63000. However, we can confirm that there is no doubt that the price of Bitcoin will reach $100k and we have seen many other forecasts where various experts and experts have predicted that the price of Bitcoin will reach $150k. The way Bitcoin price is currently going, we can say with certainty that we are going to face a bull market very soon, and then the price of Bitcoin will touch $100k. As the market price of Bitcoin is currently dumping a bit, it will pump up again as it is due to volatility in the market. Anyway now we should buy more bitcoins and hold it for long time and if we can buy and hold bitcoins now then good things are waiting for bull season ahead.
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