Bitcoin price prediction and newbies' thoughts

[jcojci]

Learning will be the best thing before buying Bitcoin so that is the thing for people to do. Learning more details will makes them see how to start with the right and not in hurry so they will not get in the trap in FOMO. They can determine when they are ready buying Bitcoin and how much allocating money they can prepare and buying according their plan.

They will profit in the right time if they follow the guidelines and not just follow others suggestion. They also need to learns about hodling Bitcoin tight in the bear market and knowing how to buy at that time. The profit will comes when the bull market comes so they will have patient to buy and hodl while waiting for the time comes.

[BALIK]

Never buy Bitcoin thinking that its price will increase, but rather know that Bitcoin is much more than that.

Unfortunately, this is how most people approach Bitcoin. Most people enter the market primarily for profit, while value ​​like decentralization and censorship resistance are secondary. That is why to this day, Bitcoin is still classified as a high risk speculative asset rather than a safe haven asset like gold.

If most investor truly valued those core principles and based their investment decision on them instead of prioritizing profit, they would not panic over every price swing. Bitcoin would probably be far less volatile than it is today.

Honestly, I don't think that will change. Profit will always be the primary goal for most people.

[savetheFORUM]

I think in the past, that's what people have been looking for as a reason to buy. But these days, it's more about economically and the foundation that it has got as an asset type of class.

Because the price of Bitcoin is getting higher, there might be a change in how beginners view Bitcoin. In the past, a beginner might have been more focused on speculation to buy Bitcoin. Now, those who invest in Bitcoin certainly consider the strategic aspects of value development or its use in the future.

On the past, it should be the currency or technology of Bitcoin is what the early people are more focused at. And right now, things have drastically changed. The people now are more focused into the Bitcoin's asset aspect after knowing that its value can rise so high. But that was still a good thing if many are actually like that you guys said there.

It may really be possible in fact, as there are plenty of Bitcoin communities right now, and add in the information scattered online. So knowing the true potential of Bitcoin is not a secret anymore. There is still more to the current price that we are seeing right now if we will not rush thing and be greedy.

[Jaweria parveen]

Learning will be the best thing before buying Bitcoin so that is the thing for people to do. Learning more details will makes them see how to start with the right and not in hurry so they will not get in the trap in FOMO. They can determine when they are ready buying Bitcoin and how much allocating money they can prepare and buying according their plan.

They will profit in the right time if they follow the guidelines and not just follow others suggestion. They also need to learns about hodling Bitcoin tight in the bear market and knowing how to buy at that time. The profit will comes when the bull market comes so they will have patient to buy and hodl while waiting for the time comes.

If new people do not understand this, then they will have to lose money first so that they can learn from the beginning. It is better to learn with loss for so long than to learn for so long that before investing, it is better to understand the market level and its analysis for some time. Obviously, when a new person is clear about how to invest in the market, he will avoid smart people and will also understand such whales, which will also work in his mind to earn profit in the long run. It is difficult to understand the price of Bitcoin at a given price, but we can understand its behavior, so a new person will invest some time in the market and make profit by understanding every point of Bitcoin. Sometimes the market is not booming, due to which we should be fast all the time so that we understand the market and make profit at the time from which we are sure.

[Leahized]

They will profit in the right time if they follow the guidelines and not just follow others suggestion. They also need to learns about hodling Bitcoin tight in the bear market and knowing how to buy at that time. The profit will comes when the bull market comes so they will have patient to buy and hodl while waiting for the time comes.

Nowadays, many small investors follow the advice of others until they lose some of their investment money. And market monitoring doesn't seem important either. As far as I know, the beer season will continue for a few more months, and the best time to invest will be there. I think impatient people should not invest. Because they are not able to deal with difficult situations.

[Stable090]

It is true that those who truly understand Bitcoin are not easily disappointed by Bitcoin's volatility.

If you already know how bitcoin volatility works, I see no reason why you should be disappointed in any direction which bitcoin chooses to go. You already know that even if bitcoin price drops, it’s going to bounce back, so why will you be worried whenever there is decline in bitcoin price. The only people that do panic whenever their is decline in the market are people that don’t have proper knowledge about bitcoin before they started, whenever their is dip, they do panic and some might even sell at loss. what people want to see bitcoin price to be pumping.

Before you invest in bitcoin, you should know about the volatility, so you should be prepared for it. Some people will panic even if their is a slight decline in bitcoin price, people like that don’t know bitcoin price can drop, they just want if they invest, they want to be making profits, and whenever bitcoin price drops, it’s always a problem for them.