Why are its prices rising and falling? Is now the right time to invest?

[Y3shot]

I have been wanting to invest in Bitcoin for a long time but I always have a fear about investing.

If you have fear to invest Bitcoin,  first thing for you to do is to eliminate the fear first because if you going to invedt with fear you may not succeed in your investment. You need knowledge in bitcoin,  when you have good a understanding their wont be any reason for you to fear.

So since this forum has many experienced people about Bitcoin. Can you tell me why the price of Bitcoin increases and why the price of Bitcoin decreases?

Will it be profitable to invest in Bitcoin now?

Bitcoin is volatile and cant be predicted . The fall in Bitcoin price is not a limitation to buying bitcoin, instead it is even a good time to biy more Bitcoin.  You can buy Bitcoin at all time and Bitcoin is profitable so far as you are willing to hodl and not to buy to make quick profit. Do not allow the the volatility of bitcoin to deprive you from buying bitcoin, buy bitcoin and hodl. It is a long-term investment and not a quick one to get profit.

[CryptoBuds]

Will it be profitable to invest in Bitcoin now?

source pic:x.com

Bitcoin will reach $1M, and that is almost certain. So yes, this is definitely a good time to invest. However, whether you make a profit or not will largely depend on you. Because Bitcoin will not reach $1M overnight, in a month, or in a year.

[Mame89]

I have been wanting to invest in Bitcoin for a long time but I always have a fear about investing.

So since this forum has many experienced people about Bitcoin. Can you tell me why the price of Bitcoin increases and why the price of Bitcoin decreases?

Will it be profitable to invest in Bitcoin now?

Bitcoin price rises and falls due to a combination of many factors including cycles, market sentiment and economic conditions. That's why Bitcoin is said to be highly volatile, making many people like you afraid. I think this is normal especially for those who don't fully understand Bitcoin.

My first suggestion To overcome your fear you should thoroughly study Bitcoin, including its price history for each cycle, the development of Bitcoin adoption, why Bitcoin is a valuable asset and so on. What I mean is, you should study Bitcoin to develop a deep belief in it. Only with confidence in Bitcoin will you be fearless, even though it's highly volatile. Don't invest if you're not comfortable because that's what makes you fearful.

So, the best advice for Bitcoin learners overall includes wallet security. After that start small with the DCA method to reduce the impact of volatility because all times are the best to buy bitcoin, keep learning, monitor credible news and the ideal long-term holding time is 4+ to get through the cycle.

[Marvelockg]

Bitcoin will reach $1M, and that is almost certain. So yes, this is definitely a good time to invest. However, whether you make a profit or not will largely depend on you. Because Bitcoin will not reach $1M overnight, in a month, or in a year.

This is a very bold statement that you have made out here and a lot of investors will always shy away from calling numbers like this knowing that it will take quite a long time before bitcoin will get to this point.

$1M is not too much for bitcoin to attain but every investor both new and old has to follow the growth of bitcoin a step at a time and take advantage of these moments knowing fully well that the profitability that comes to an investor is a function of how well the investor is able to buy enough bitcoin at the time the price of bitcoin is relatively down. volatility will continue to be a part of bitcoin but how an investor is able to leverage it tells wether staying till bitcoin gets to $1M is possible and that if an investor stays till that time that he stands to profit from it.

[BABY SHOES]

The important thing about investing in Bitcoin is how long you'll hold it.
If you're committed to a long term, then there's nothing to fear start buying and keep adding as you have more money – you have to start somewhere. If you want to invest in Bitcoin long-term, it's often a viable option. Investing now, when we've seen it drop by half from our all-time high, isn't a bad idea.

I will HOLD during the bear market and continue to buy, then when the bullish comes the BTC price returns to the peak then will sell it as a desired target in the next few years.
The current price is indeed half of the highest point, so do it now for OP if you really want to start, because when the price is high he might regret a little for not buying from the first time when it went down.
Some people say this is a good momentum to buy... Yeah I said so myself.

[free-bit.co.in]

Bitcoin will reach $1M, and that is almost certain. So yes, this is definitely a good time to invest. However, whether you make a profit or not will largely depend on you. Because Bitcoin will not reach $1M overnight, in a month, or in a year.

This is a very bold statement that you have made out here and a lot of investors will always shy away from calling numbers like this knowing that it will take quite a long time before bitcoin will get to this point.

$1M is not too much for bitcoin to attain but every investor both new and old has to follow the growth of bitcoin a step at a time and take advantage of these moments knowing fully well that the profitability that comes to an investor is a function of how well the investor is able to buy enough bitcoin at the time the price of bitcoin is relatively down. volatility will continue to be a part of bitcoin but how an investor is able to leverage it tells wether staying till bitcoin gets to $1M is possible and that if an investor stays till that time that he stands to profit from it.

I remember about 8 or 9 month ago, when we were still in a bull market. There are many predictions about BTC reaching $1m, $2m, or even $10m. But after the bear market hit, almost no one mentions those predictions anymore. It has been a long time since I last heard someone talk about Bitcoin reaching 1m 

Bitcoin may eventually reach that level, but let us be realistic. It will not happen in the next cycle or even before 2030 or 2035, as many previous exaggerated prediction suggested. It will take more time for Bitcoin to reach the 1m.

[danherbias07]

Market manipulation, pump and dump schemes, or just a whale throwing his Bitcoin away and starting a brand new investment. There are many reasons why a sudden pump or a dump will happen.

The last question is difficult to answer. In fact, there's no right answer for it. If you are thinking about making profits using Bitcoin as an asset, then it can be profitable in trading. But if you are buying as a long-term investor, it's difficult to know that. What the future brings is uncertain. We didn't even know it could go to $100k, then it went back down to $63k. That's a big difference, and yet, Bitcoin is still up if you are a buyer from years ago.

[justdimin]

Will it be profitable to invest in Bitcoin now?

source pic:x.com

Bitcoin will reach $1M, and that is almost certain. So yes, this is definitely a good time to invest. However, whether you make a profit or not will largely depend on you. Because Bitcoin will not reach $1M overnight, in a month, or in a year.

Yeah, what we are dealing with is not really that easy and we should not be considering how this could be different in totals, we should be considering how this could be very different on the long run and not be that much of a problem.

For me, the best case scenario would be that we are dealing with buying and holding, because we are low right now and that means we can keep buying whenever we have some savings, whenever we get money in our hands, we can buy right now. And waiting, for decades, until 1 million, is not even a must. You could wait until 2029 and you will profit because in 2029 we will have a new peak that would be higher than 125k. That means if you buy now, and sell in 2029 and can wait until then, you will profit.

[Franctoshi]

Will it be profitable to invest in Bitcoin now?

source pic:x.com

Bitcoin will reach $1M, and that is almost certain. So yes, this is definitely a good time to invest. However, whether you make a profit or not will largely depend on you. Because Bitcoin will not reach $1M overnight, in a month, or in a year.

The law of demand and supply is, in actual effect, tightening supply vs. increasing demand and against 21 million of Bitcoin's total supply and over increasing population. Bitcoin is real economics.

Why is it a good buying time and opportunity? Price is hovering on top of the previous ATH of $69k after the current 126k ATH, so technically it should be a supporting zone, and I expect Bitcoin to find its floor around here, and aside from that, and based on a long-term perspective and where Bitcoin has reached $126k, you have the opportunity to buy in around the average price.

[Bobrox]

Market manipulation, pump and dump schemes, or just a whale throwing his Bitcoin away and starting a brand new investment. There are many reasons why a sudden pump or a dump will happen.

The last question is difficult to answer. In fact, there's no right answer for it. If you are thinking about making profits using Bitcoin as an asset, then it can be profitable in trading. But if you are buying as a long-term investor, it's difficult to know that. What the future brings is uncertain. We didn't even know it could go to $100k, then it went back down to $63k. That's a big difference, and yet, Bitcoin is still up if you are a buyer from years ago.

Last few minutes ago another sudden dump of bitcoin price due highest price in 24 hours ago up to $66k and right now dump significant to $62562, not get any bad  news and whales transaction make bitcoin drop in short moment but for raising up always need time running slowly. I agree with your decision to earn profit trough bitcoin right now right way in trading not to be investor because need longer time waiting for.

Have been many time bitcoin correction after drop to $60k have moment back to $80k and today near future will hit another dip price, so for trading most profitable and fast way to earn profit than you keep holding indeed long term but bitcoin price can't guarantee stable raise up.

[Uhwuchukwu53]

The market is just putting fears on those that are not rooted to the market routine inorder to shake them off from the system,as their panic will deprived them of their future target puzzling what will be instead of focusing more on accumulate and holding as this period of bear is the best to gather mostly as the dip keep on is regular interval, just that many who are not prepared financially may find it difficult to buy as it keeps on dipping but as investor, it's the right time to utilize some reserve fund as well make used of some fund save as resulted by cutting down some expenditure while applying some financial management discipline. Missing this period not accumulating and puzzle about some dump as newbie or investor that has less in the market is a show of lacking what the market entails, it's the right time to buy because now that everything is red is greatest opportunity.

[letteredhub]

The details for this question can be easily sorted with a simple research about what bitcoin really is and is it volatile. Since bitcoin is decentralized with no control on demand and supply then price would always fluctuate up and down, depending on if buying or selling is having an increasing sentiment with investors.
But an investor with a long time prospect doesn't have to worry about what the current bitcoin price is doing if they have the funds to buy then it's just one of many right times to buy bitcoin, because at this price level currently you'll be buying at almost half the price of bitcoin last ATH. So it's just another right time as always

[savetheFORUM]

Price keeps changing due to the demand and supply factor. Along with this, there are a number of other factors which can influence the price of bitcoin which can include geopolitical tensions, rumours or institutional interests. To determine why the price is moving up or down, we need to dig deeper to find the root cause. All information is available online to everyone so almost anyone can spend some time in research and get to know about the current direction. It takes time and efforts to learn making this research though. You would get acquainted as far as you go.

Investing in bitcoin is always profitable if you have a long-term strategy. Never mistake bitcoins to give you quick profit. Don't even think weeks. Consider months or year if you are starting to invest in bitcoins. Short term trading is not everyone cup of tea anymore.

[Silikiem]

Price keeps changing due to the demand and supply factor. Along with this, there are a number of other factors which can influence the price of bitcoin which can include geopolitical tensions, rumours or institutional interests. To determine why the price is moving up or down, we need to dig deeper to find the root cause. All information is available online to everyone so almost anyone can spend some time in research and get to know about the current direction. It takes time and efforts to learn making this research though. You would get acquainted as far as you go.

Investing in bitcoin is always profitable if you have a long-term strategy. Never mistake bitcoins to give you quick profit. Don't even think weeks. Consider months or year if you are starting to invest in bitcoins. Short term trading is not everyone cup of tea anymore.

Bitcoin is highly volatile and this volatility is one of the major reasons why people still invest in bitcoin till now. It’s a very integral part of bitcoin and there are several factors responsible for the rising and falling of bitcoin and most of them are unknown. If one is constantly looking at the rise and fall of bitcoin you may not start investing in it, there’s no time that’s perfect for bitcoin investment even though everyone will be happy to buy bitcoin when the price is low but then as a result of its high volatility, waiting for such time before getting started could prove really abortive as it may or may not happen according to your desired price. But with the DCA method of buying bitcoin one don’t have face the stress of looking for the perfect time to invest in bitcoin as one can buy and invest in bitcoin at any market price either weekly or monthly basis by using just a discretionary income available.

[GeorgeJohn]

I will HOLD during the bear market and continue to buy, then when the bullish comes the BTC price returns to the peak then will sell it as a desired target in the next few years.

These sounds funny..why people purchase more of bitcoin during the bearish time and hold during the bullish...this is what you're suppose to know if I'm not mistaken...actually during a bear market an investor is suppose to hold until the market returns positive..but the best time to accumulate is during the bearish

The current price is indeed half of the highest point, so do it now for OP if you really want to start, because when the price is high he might regret a little for not buying from the first time when it went down.
Some people say this is a good momentum to buy... Yeah I said so myself.

Yeah, this is a good moment to buy, but people will be having fear that the price may possibly decreases again, the issues is that if we keep on having fear for investing, their's no time what expect will surely happen before we can invest..an investment is by luck, if you're privilege to meet the positive side of investment it will okay, they're people who invest as a trial, and at end they benefit it...

[alastantiger]

So since this forum has many experienced people about Bitcoin. Can you tell me why the price of Bitcoin increases and why the price of Bitcoin decreases?
Will it be profitable to invest in Bitcoin now?

The reason why the price of Bitcoin is rising and falling is because Bitcoin is being traded by traders that want to buy or sell at every moment that you look at the market, Bitcoin is a cryptocurrency hence its price cannot be stable instead it will be volatile and the volatility is determined by the market but not by anybody unlike how other market are been manipulated by politics and big influential companies. If you want to buy Bitcoin then you can do it right now or maybe wait until the market is favourable to you before you buy, don't expect the price of Bitcoin to be stable at any time because it's price is being determined by the market and not by any company.

[Bigjoe33]

I have been wanting to invest in Bitcoin for a long time but I always have a fear about investing.

So since this forum has many experienced people about Bitcoin. Can you tell me why the price of Bitcoin increases and why the price of Bitcoin decreases?

Will it be profitable to invest in Bitcoin now?

Am sure by now, if you read from the numerous replies, you must have gotten a perfect answer to clear your doubts and help you understand better about the subject matter.

Of course, Bitcoin is highly volatile, and it's best we don't concentrate on the fluctuations, if we will accumulate using the DCA strategy, and especially from our discretionary income, then we can relax and accumulate gradually. But ensure you want HODL for longer Period so that you can make possible gains

[fuguebtc]

The reason why the price of Bitcoin is rising and falling is because Bitcoin is being traded by traders that want to buy or sell at every moment that you look at the market, Bitcoin is a cryptocurrency hence its price cannot be stable instead it will be volatile and the volatility is determined by the market but not by anybody unlike how other market are been manipulated by politics and big influential companies. If you want to buy Bitcoin then you can do it right now or maybe wait until the market is favourable to you before you buy, don't expect the price of Bitcoin to be stable at any time because it's price is being determined by the market and not by any company.

Simply put, the reason Bitcoin experiences significant short term volatility is due to speculative activity in the market.

In addition, it would be unrealistic to deny that Bitcoin and crypto cannot be manipulated. Like any other financial market, Bitcoin can be manipulated and even more so than other market. That is why it is always more volatile and harder to predict than other financial market


Because Bitcoin is susceptible to manipulation and highly speculative in the short term. That is why long term investing in it is always encouraged.

[retreat]

I have been wanting to invest in Bitcoin for a long time but I always have a fear about investing.

That's because you don't have enough knowledge, which is why you're so afraid to invest your money in Bitcoin. If you had a good understanding of Bitcoin, you wouldn't be so afraid to invest -- on the contrary, you'd be more interested in investing because you'd see that Bitcoin is a promising asset worth investing in for the long term. If you're willing to learn, then over time you'll become so confident about Bitcoin that you won't hesitate to invest your money in it.

Can you tell me why the price of Bitcoin increases and why the price of Bitcoin decreases?

That's because of supply and demand. Simply put, when more people buy, the price of Bitcoin goes up, but when more people sell, the price goes down. This is a free market, so Bitcoin’s price movements can be more unpredictable, but that’s only in the short term.  If we look more closely at the long term, Bitcoin's price will tend to be more positive.

Will it be profitable to invest in Bitcoin now?

No one can say for sure because Bitcoin prices can go up or down -- no one can predict them with certainty. But if we look at Bitcoin's price history, it tends to rise over the long term. So if you're hoping to make a profit, you need to invest for a longer period, for example, four years or more, until you can actually turn a profit. The most important thing is not to be swayed by short-term volatility, as Bitcoin's price can drop significantly in the short term, and that's normal in the Bitcoin market. If you sell within that period, then you will not get any profit other than a loss.

[Obim34]

So since this forum has many experienced people about Bitcoin. Can you tell me why the price of Bitcoin increases and why the price of Bitcoin decreases?

The price of Bitcoin increases and decreases due to volatility. Volatility is a characteristics of Bitcoin, which goes either way as a result of demand and supply. The buying and selling of Bitcoin makes the price fluctuate, you can never see the price of Bitcoin stable.

Buying now is healthy, we are currently in a dip and would be nice to take advantage, going back to $126K from here puts you already on profits, now we have dreams for the price of Bitcoin going high about $500K, make yourself available and be part of the journey.