Bitcoin is on a discount now

[ScamViruS]

With the recent price of the coin gone below $70k, i can confidently say that bitcoin is on a discount. Sell off everything you can now to buy Cheap and wait. In a few weeks, Bitcoin Price will go up and be pushing towards  $200k-$1M.
Now is the time you’ve always wanted.

You posted this on the 6th and now it's the 14th, it's been more than a week but your prediction has no sign at all, especially since you targeted $200k. It's almost impossible for bitcoin to get to that point in just a few weeks. But I agree with your discounted price, it is indeed the right time to accumulate as much as you can afford to buy bitcoin, in the sense of “afford” is to keep buying with money you can afford, because I absolutely do not agree to sell anything for the sake of bitcoin accumulation.

Sometimes there are some people who make unrealistic predictions that don't actually reflect reality, as we have seen before. The Bitcoin market is down, which means there is a discount in the market, so they use the market opportunity to accumulate more Bitcoin. The market does not change overnight, it needs a lot of time for the market to gain its strength for the next uptrend. So when the market is down and there is negative talk around, it is the right time to buy more Bitcoin in preparation for the next bull market.

[Patikno]

With the recent price of the coin gone below $70k, i can confidently say that bitcoin is on a discount. Sell off everything you can now to buy Cheap and wait. In a few weeks, Bitcoin Price will go up and be pushing towards  $200k-$1M.
Now is the time you’ve always wanted.

I don't just think Bitcoin is on a regular discount, but a massive one. The most anticipated moment for many people, is when an investment asset experiences a price drop, especially when it comes to Bitcoin, and it is very attractive and good to invest in Bitcoin at this low price (as we consider). However, I disagree with your statement that Bitcoin will rise in price in a few weeks (at the nominal amount you mentioned). It is difficult for Bitcoin to reach the price you are talking about (the bold one) in just a few weeks; many factors are needed to make it happen. Essentially, if demand for Bitcoin increases drastically, it could happen, but is it that easy? It would require a market cap growth of around 2.9 or 3 times for this to happen (from the current market cap). I believe that growth will happen, but not in the immediate future as you suggest.

Regarding selling anything that can be done, I think anyone can do it (or try to do it), but don't force it too much, especially to the point of sacrificing important things, such as a house, or anything you need primarily. I don't think that is wise.

[shinratensei_]

With the recent price of the coin gone below $70k, i can confidently say that bitcoin is on a discount. Sell off everything you can now to buy Cheap and wait. In a few weeks, Bitcoin Price will go up and be pushing towards  $200k-$1M.
Now is the time you’ve always wanted.

You posted this on the 6th and now it's the 14th, it's been more than a week but your prediction has no sign at all, especially since you targeted $200k. It's almost impossible for bitcoin to get to that point in just a few weeks. But I agree with your discounted price, it is indeed the right time to accumulate as much as you can afford to buy bitcoin, in the sense of “afford” is to keep buying with money you can afford, because I absolutely do not agree to sell anything for the sake of bitcoin accumulation.

Sometimes there are some people who make unrealistic predictions that don't actually reflect reality, as we have seen before. The Bitcoin market is down, which means there is a discount in the market, so they use the market opportunity to accumulate more Bitcoin. The market does not change overnight, it needs a lot of time for the market to gain its strength for the next uptrend. So when the market is down and there is negative talk around, it is the right time to buy more Bitcoin in preparation for the next bull market.

That $200k - $1m within a week is unrealistic even if time frame is getting longer. Make it a quarter from few weeks and it's still unrealistic target.
Basically just random uneducated guess without real fundamental analysis backing it up. No proper trader would even make that guess no matter how bullish they are though.

And we are talking about $1.4T market cap. A $200k price alone means the market cap gonna be roughly 3x of current market cap which means, it needs $3T investment from somewhere.

[LogitechMouse]

With the recent price of the coin gone below $70k, i can confidently say that bitcoin is on a discount. Sell off everything you can now to buy Cheap and wait. In a few weeks, Bitcoin Price will go up and be pushing towards  $200k-$1M.
Now is the time you’ve always wanted.

Coming from a newbie like you, I'm not judging you based on your rank, but you don't have enough reputation here for us to follow what you said. Also, we know how to read charts, and you might be better than me, but I only trust my own analysis, and not yours. If I'm wrong then fine, but I would rather be lose by following my own analysis than following other people's words, and still end up losing. I can't blame you if that happens, but I'll blame myself.

Sell off everything now? As long as you will not become poor by doing it then fine, but what's your reason why you're saying this? Did you make some analysis to say that this is the bottom of the market? Also, it's just a bit frustrating to see a newbie making unrealistic prices as well. Are you one of the so-called analysts out there that are making unrealistic predictions, and being posted online? Even the lowest price of your prediction which is $200,000 isn't realistic especially with how the market is moving right now.

I don't want to say that you should learn more because I'm judging you, but I feel that you need to so that you can make realistic predictions in the future.

[Out of mind]

With the recent price of the coin gone below $70k, i can confidently say that bitcoin is on a discount. Sell off everything you can now to buy Cheap and wait. In a few weeks, Bitcoin Price will go up and be pushing towards  $200k-$1M.
Now is the time you’ve always wanted.

Recently we can see that the price of Bitcoin has decreased a lot, which has given a lot of opportunity to investors to buy more. Those who know how to analyze the market well and who have a long-term plan for the future always want to buy when the market is going into a recession. We have already seen the price of Bitcoin has come down a lot and we know that Bitcoin is now in a much better position than it was in the past. Accordingly, the price of Bitcoin will rise higher in the future which will take us to a better position. That is why we have to invest and hold Bitcoin with confidence, and buy when the market is going into a recession. When the price of Bitcoin decreases, we can definitely say that it is a discount market which creates an opportunity for us to buy.

[dzungmobile]

Coming from a newbie like you, I'm not judging you based on your rank, but you don't have enough reputation here for us to follow what you said. Also, we know how to read charts, and you might be better than me, but I only trust my own analysis, and not yours. If I'm wrong then fine, but I would rather be lose by following my own analysis than following other people's words, and still end up losing. I can't blame you if that happens, but I'll blame myself.

I don't want to say that you should learn more because I'm judging you, but I feel that you need to so that you can make realistic predictions in the future.

Predicting the future is as same as predicting the market price in the future, that are all hard things to do. Newbies don't have experience in this market but if they do enough research, they can learn about the market from its history. Some experienced people in the market for years or cycles even don't remember what happened in the past, and they're not different than newbies.

Newbies can learn knowledge, market history easily but they surely struggle to master the psychology of the market cycle, as it requires individual experience in the market for having such mastering.
Bitcoin price history, ATHs and bottoms.

[Mate2237]

If you say that the price of Bitcoin is at a discount rate then I will not doubt you because, going by the current fluctuations in the price of Bitcoin which has made the price of Bitcoin to crash . So I will agree with you that by the current price of Bitcoin it could be seen as a discount to any investor who is going to be investing in Bitcoin now. Buying in this dip has a lot of advantage because buying in times like this were the price of Bitcoin is down means that when ever the price moves upward that is serious gain.


From the historical behavior of Bitcoin the price has always moved upwards after falling like this so this is the best time for anyone to invest in Bitcoin the price is favourable.

[Sunshine1525]

If you say that the price of Bitcoin is at a discount rate then I will not doubt you because, going by the current fluctuations in the price of Bitcoin which has made the price of Bitcoin to crash . So I will agree with you that by the current price of Bitcoin it could be seen as a discount to any investor who is going to be investing in Bitcoin now. Buying in this dip has a lot of advantage because buying in times like this were the price of Bitcoin is down means that when ever the price moves upward that is serious gain.


From the historical behavior of Bitcoin the price has always moved upwards after falling like this so this is the best time for anyone to invest in Bitcoin the price is favourable.

I agree with sone of the things he said about bitcoin especially bitcoin at a discount rate, but i won't accept the speculation that Bitcoin would move to 200 and then 1m so quickly going from 70k to 150 or 180 would be more realistic.

Telling people to sell off everything they got to buy this dip is not a very good financial advice, the market is at the bearish state and could take a while to become bullish again, is more better to add more to their discretionary funds to get more capital to invest with this season, it's less riskier since there's still basic needs to be settled. Readjusting their budget and add more percentage of income to their discretionary is more better than selling off everything or using all their income.

[uchegod-21]

With the recent price of the coin gone below $70k, i can confidently say that bitcoin is on a discount. Sell off everything you can now to buy Cheap and wait. In a few weeks, Bitcoin Price will go up and be pushing towards  $200k-$1M.
Now is the time you’ve always wanted.

What sort of advice is this? @Rayyyking, you are one of those who make people see bitcoin as a get rich quick scheme. How will you be so certain that in a matter of few weeks, they will be getting profits after bitcoin hits 200k-1m within that period. Isn't this misleading to you?

Yes, you are right that bitcoin is currently at a discounted rate and this is the right time to buy bitcoins, but investors must prepare their minds for a long term journey.  Bitcoin price is unpredictable, so no one can be so certain of when bitcoin price will rise again.  Talking about 200k to 1m in few weeks is laughable. If you don't know much about Bitcoin, just stay calm and not mislead people.

[Franctoshi]

With the recent price of the coin gone below $70k, i can confidently say that bitcoin is on a discount. Sell off everything you can now to buy Cheap and wait. In a few weeks, Bitcoin Price will go up and be pushing towards  $200k-$1M.
Now is the time you’ve always wanted.

In as much as Bitcoin has given us a discounted price, I do not advise someone to sell everything to buy Bitcoin, but what you should do is invest what you can afford to lose. Bitcoin market is volatile invest with caution. Understand how Bitcoin works and your risk exposure before you think of going all in.

[Adams0001]

In as much as Bitcoin has given us a discounted price, I do not advise someone to sell everything to buy Bitcoin, but what you should do is invest what you can afford to lose. Bitcoin market is volatile invest with caution. Understand how Bitcoin works and your risk exposure before you think of going all in.

Bitcoin is nice investment that you can do and get profit but you need to invest with knowledge and experience because you can't just invest now and think you will be profitable easily nothing comes easily if is about bitcoin investment. We should know that bitcoin is always volatile and the price can't be stable in one place so is better you invest what you can afford to lose, but he doesn't means you will be losing in bitcoin if you invest in it. But by just investing in long term can make you become profitable.

The price of bitcoin is currently getting deep and if you're capable now you can invest in it and enjoy the benefits later, is just all about patient without it you won't see the benefits of the coin. And just ready to face any challenges that comes your way and if you can fight that even the price is getting lower you won't feel bad because you know that can comes anytime.