Now is the right time to build the future with Bitcoin!

[NewRevelation]

Of course, nobody expected this upwards climb as we saw today. But that's what it is, an unexpected move, either upwards like we saw today or downwards like was saw months back.

Like your topic, for me, there is no right time. It's always right if you believe in Bitcoin and have a Discretionary to buy, and HODL. For those who did buy previously, then it's a time of joy for them as they can see there assets growing u unexpectedly, and probably, if it maintains this progressive growth, then they will be much more happier that they ever bought.

For traders too, they would be happy and rush to sell because they feel they have made little gains. But I think it's better we become investors, HODLing back, and let's hope that this growth remains and/or continuous rather than pulling back. Let's buy more, lets be positive.

[Brizi5000]

I have searched through some relevant crypto sources to know the cause of the sudden pump in the price of bitcoin today but I haven't seen any report yet but before the end of today I will find out. However, for the fact that the price of bitcoin increased today doesn't mean that we are about entering a bull run. Of course, during bear market, the price can still experience an uptrend but it doesn't mean that it will continue rising till it get to $180k or $200k before the end of the year.

How sure are you that you’ll be able to get 100% accurate reason why the price of bitcoin suddenly increased to $68k, I doubt if you’ll get a 100% sure reason for that because there are so many factors which triggers the market price reaction weather it’s increasing or decreasing. There are so many forces responsible for this and even most of the factors are unknown to us. Each of them exacts its weight so it’s difficult to determine which of the force is responsible for this sudden increase in price.

What just happened today is a proof that bitcoin is unpredictable just as we have been saying it here and no one or any tool can accurately determine what the price will be in the next minute, not to talk of what causes the massive increase.

[Stalker22]

~

So, to paraphrase you, it was an expectedly unexpected surprise that was bound to happen anyway! 

~
But the price of Bitcoin will increase much more than expected as expected $180k -$200k within this year.

According to who, exactly?  Pretty much everyone agrees BTC hits $150k+ next cycle, but literally no one is saying it happens this year.

[Cryptoprincess101]

I have searched through some relevant crypto sources to know the cause of the sudden pump in the price of bitcoin today but I haven't seen any report yet but before the end of today I will find out. However, for the fact that the price of bitcoin increased today doesn't mean that we are about entering a bull run. Of course, during bear market, the price can still experience an uptrend but it doesn't mean that it will continue rising till it get to $180k or $200k before the end of the year.

How sure are you that you’ll be able to get 100% accurate reason why the price of bitcoin suddenly increased to $68k, I doubt if you’ll get a 100% sure reason for that because there are so many factors which triggers the market price reaction weather it’s increasing or decreasing. There are so many forces responsible for this and even most of the factors are unknown to us. Each of them exacts its weight so it’s difficult to determine which of the force is responsible for this sudden increase in price.

What just happened today is a proof that bitcoin is unpredictable just as we have been saying it here and no one or any tool can accurately determine what the price will be in the next minute, not to talk of what causes the massive increase.

I was expecting the price to fall back to $63k where it started the rally but up on till this time, the market is still bullish around $69k and will likely cross $70k so there is hope of the price continuing with this rally till it get to $100k before a correction will happen.

$180k - $200k seems unrealistic this year, maybe a new ATH can be achieved but let's see how long this bull will last and the price it will begin a resistance then we can anticipate that the next bullish move is going to be massive. You can stack more BTC but don't be deceived by this bullish move today because they market is not yet set with a strong support that will enable a continuation.

[Odusko]

$180k - $200k seems unrealistic this year, maybe a new ATH can be achieved but let's see how long this bull will last and the price it will begin a resistance then we can anticipate that the next bullish move is going to be massive. You can stack more BTC but don't be deceived by this bullish move today because they market is not yet set with a strong support that will enable a continuation.

As much as that expected 120k price may look unrealistic, we must not forget where we are right now and we're this current market raly began from, most ot the the recent market moves is as a result of various news and market hypes around regulations and rate or tariff discussions that trigger the recovery of the market and now we see bitcoin doing multiple attempts to reclam the 90k price and staying above that price for a considerable amount of time, even though the market fails to sustain such price recovery recorded.

[fullfitlarry]

As much as that expected 120k price may look unrealistic, we must not forget where we are right now and we're this current market raly began from, most ot the the recent market moves is as a result of various news and market hypes around regulations and rate or tariff discussions that trigger the recovery of the market and now we see bitcoin doing multiple attempts to reclam the 90k price and staying above that price for a considerable amount of time, even though the market fails to sustain such price recovery recorded.

Everything that is under the sun that can be discussed, Clarity Act, the ongoing war in Middle East, US CPI, FOMC and others that can have a positive or negative impact in the market. Just like the recent rejection of the Clarity Act.

Maybe others think that it will put a dent on the market, but it didn't as we are still above $75k right now.

So a lot of time for the majority of us to really built our future with Bitcoin. It's not going to be easy, but worth it if you go with this journey for years by just buying thru DCA method.

[#CapsLOck]

This is a great reminder that both bull and bear positions can be proven wrong in a flash in the market. What is more important to me is if someone's plan can withstand those moves. If you are planning on buying and holding, one green day should not convert to FOMO and one red day should not induce panic. The advantage of DCA is that it can help to distinguish the investment decision from a short-term prediction of the price. What's interesting to see is if this has continued volume and demand and if this move is going to continue.

[adultcrypto]

This is a great reminder that both bull and bear positions can be proven wrong in a flash in the market. What is more important to me is if someone's plan can withstand those moves. If you are planning on buying and holding, one green day should not convert to FOMO and one red day should not induce panic. The advantage of DCA is that it can help to distinguish the investment decision from a short-term prediction of the price. What's interesting to see is if this has continued volume and demand and if this move is going to continue.

Long-term investment is what solves the problem of FOMO as it removes the urgency to act on impulse. I also agree with you that adopting a continuous accumulation process like the DCA strategy is very helpful and a good way of investing without serious financial stress on the investor because the investment is done with small portion of the investors capital per time. Those using the DCA method will most likely enjoy more peaceful investment journey and overall commutative portfolio.

[Frankolala]

Long-term investment is what solves the problem of FOMO as it removes the urgency to act on impulse. I also agree with you that adopting a continuous accumulation process like the DCA strategy is very helpful and a good way of investing without serious financial stress on the investor because the investment is done with small portion of the investors capital per time. Those using the DCA method will most likely enjoy more peaceful investment journey and overall commutative portfolio.

Of course, bitcoin is a beneficial when you invest in long term because of her volatile nature despite that the price can pump drastically within a short time. If you want to follow it's short term pump and decide to trade, you will miss out in the long run because timing the market is very difficult. However, if you have a long term investment mindset and invest with DCA regularly overtime, you have no reason to panic irrespective of the market condition. You will only focus on buying more bitcoin and hodli.

[Awaklara]

You will only focus on buying more bitcoin and hodli.

Managing finance and investments is a necessary part of success in terms of investing in Bitcoin. It's not just about consistently buying and holding. You also need to know the right amount that you can invest regularly with the method you use. You have to calculate all your needs and income, the amount saved and the amount that can be invested. Some people may approach investing in a way similar to saving money. But all of that is something different.

[coinrifft]

Managing finance and investments is a necessary part of success in terms of investing in Bitcoin. It's not just about consistently buying and holding. You also need to know the right amount that you can invest regularly with the method you use. You have to calculate all your needs and income, the amount saved and the amount that can be invested. Some people may approach investing in a way similar to saving money. But all of that is something different.

That is something that we could learn along the way. Yeah, we might have read it before or learn from someone. But it's best to really experience those kind of skills, knowing how much money you would invest on the market or what kind of strategy that you are going to used.

So with that kind of experience, you will learn very fast and know how to adjust everything to that there will be no pressure on your side. And then just continue what you are going, year-in, year-out regardless of the market condition. And when it's time to sell, then take your time so that you can go and maximized your profits.

[laspol65]

This is a very surprising thing happening today. Suddenly the price of Bitcoin has started its upward journey. Did anyone expect such an increase in a day? I think it was supposed to happen but no one could predict it correctly. But the price of Bitcoin will increase much more than expected as expected $180k -$200k within this year.


Source: https://bitflyer.com/en-us/bitcoin-chart

Do you expected such as the price of Bitcoin today? Be bullish. Now is the right time to build the future of Bitcoin. Start Bitcoin before the price increases too much.

Look, if you believe in cycles, then of course there is a high probability that the price of Bitcoin will increase in 2029, but now in this current position, the price of Bitcoin will not increase much because the selling pressure in the market is high, so now the price of Bitcoin can increase naturally, so there is no reason to panic. However, the price of Bitcoin will definitely increase and it will happen according to the cycle, now it is time for the price of Bitcoin to correct according to the cycle, which happened in the past a few months ago, but this September, the price of Bitcoin has seen a slight upward trend.
However, what you mentioned about the price of Bitcoin is not possible at the present time, because for the price of Bitcoin to go high, there must be sufficient opportunities. But that is not the case at the present time, so the price of Bitcoin will definitely have a high probability of touching $200,000 in 2029 according to the cycle.

[Son Of Blockchain (SOB)]

You will only focus on buying more bitcoin and hodli.

Managing finance and investments is a necessary part of success in terms of investing in Bitcoin. It's not just about consistently buying and holding. You also need to know the right amount that you can invest regularly with the method you use. You have to calculate all your needs and income, the amount saved and the amount that can be invested. Some people may approach investing in a way similar to saving money. But all of that is something different.

That's true, the amount for investment should be according to what's remaining after settling necessities cause if people use what was meant to solve other important issues for investment, they’ll end up selling too early to solve those problems. Mismanagement of cashflow just to maximise future profit is also an issue that investors should avoid.
 Therefore every investor should know how to properly manage their income in a way that the money for investment wouldn't affect other expenses. The important expenses comes first then the remainant which is the discretionary fund is where money for investment comes from.

[Kelward]

Today's increase will bring good relief because this is unexpected, but bitcoin reaching $68 today is not a guarantee that the price of Bitcoin will start going high.
The increase in the price of bitcoin today is a good lesson for bitcoiners to understand that bitcoin can't be predicted and to never give up in the bitcoin market. As for those who complain about the movement of bitcoin being too slow and boring, this is to prove them wrong that bitcoin remains what it is.

If any Bitcoin investors is expecting Bitcoin to increase so that they can get relief it means that they will feel sad anytime it dip, Bitcoin is a volatile asset which has shown that it can always recover from dip and eventually reach ATH. Recently Bitcoin cruised pass $80k and some analysts jumped to conclusion that it was the begining of bull run, now it has decreased to $76k, we don't know if we are headed back between the $60k and $65k range or it is building momentum to skyrocket to $100k. If we cannot accurately predict Bitcoin price I believe that the best strategy is to buy when you have discretionary funds for it, buy and hold without worrying about monitoring the market.

[Pandorak]

Look, if you believe in cycles, then of course there is a high probability that the price of Bitcoin will increase in 2029, but now in this current position, the price of Bitcoin will not increase much because the selling pressure in the market is high, so now the price of Bitcoin can increase naturally, so there is no reason to panic. However, the price of Bitcoin will definitely increase and it will happen according to the cycle, now it is time for the price of Bitcoin to correct according to the cycle, which happened in the past a few months ago, but this September, the price of Bitcoin has seen a slight upward trend.

Everything happens in its own time.

So far, Bitcoin has never disappointed those who believe in it, even if you bought it at its all time high. Bitcoin will certainly reach that price again in the future and may even rise even higher, it’s just a matter of time. That said, i’m not downplaying the risks, because every investment instrument carries its own risks and Bitcoin is no exception.

However, what you mentioned about the price of Bitcoin is not possible at the present time, because for the price of Bitcoin to go high, there must be sufficient opportunities. But that is not the case at the present time, so the price of Bitcoin will definitely have a high probability of touching $200,000 in 2029 according to the cycle.

It’s okay to be optimistic, but you shouldn’t rush things. I think most people who want Bitcoin to rise significantly and quickly are traders. Meanwhile, investors are more focused on building their portfolios, in this case, by gradually accumulating Bitcoin.

[rbynxx]

Today's increase will bring good relief because this is unexpected, but bitcoin reaching $68 today is not a guarantee that the price of Bitcoin will start going high.
The increase in the price of bitcoin today is a good lesson for bitcoiners to understand that bitcoin can't be predicted and to never give up in the bitcoin market. As for those who complain about the movement of bitcoin being too slow and boring, this is to prove them wrong that bitcoin remains what it is.

If any Bitcoin investors is expecting Bitcoin to increase so that they can get relief it means that they will feel sad anytime it dip, Bitcoin is a volatile asset which has shown that it can always recover from dip and eventually reach ATH. Recently Bitcoin cruised pass $80k and some analysts jumped to conclusion that it was the begining of bull run, now it has decreased to $76k, we don't know if we are headed back between the $60k and $65k range or it is building momentum to skyrocket to $100k. If we cannot accurately predict Bitcoin price I believe that the best strategy is to buy when you have discretionary funds for it, buy and hold without worrying about monitoring the market.

You're probably referring to day or swing traders but tbh investors aren't that worried much with that just kind of dip, investors think long term. I think Clarity Act didn't pass is still a bullish thing to crypto, it's more like a sell the news event anyways if it has been passed and that was probably the recent decrease on the price lately. Nevertheless, not worried I thi k we are due for a run this Q4. Just a wild guess, but probably feeling it.

[PERtua]

The price action is something that I would separate here, and also the decision making process. The price could rise or fall dramatically with a sudden $4k-$5k shift, but this doesn't mean that people's motivations for keeping Bitcoin will change as well. When someone has a long term plan, it's easy to get emotional about each large candle. This won't work for the $180k or $200k goal and assuming it has to occur in a specific year. It isn't the first time that bitcoin has caught out both bulls and bears off-guard. The more I think about it, the better lesson learned from a move like this is determining what you're going to do before the volatility even hits.

[Nrcewker]

This is a very surprising thing happening today. Suddenly the price of Bitcoin has started its upward journey.

This is nothing new. It always happens like this. We hear some good news about Bitcoin and the price goes up. As long-term Bitcoin investors, we are used to this.

One thing I would like to correct is that a sudden increase in price doesnt necessarily mean that a bull run has arrived. The price generally goes up when demand to accumulate Bitcoin increases. Since the number of Bitcoins is fixed, its price follows the basic principle of supply and demand. So dont wait for an opportunity to buy when the price goes down. When it comes to Bitcoin, always think long term. Hence if you have extra money to invest, just keep accumulating these precious coins irrespective of the price.

[Decimetre]

Today's increase will bring good relief because this is unexpected, but bitcoin reaching $68 today is not a guarantee that the price of Bitcoin will start going high.
The increase in the price of bitcoin today is a good lesson for bitcoiners to understand that bitcoin can't be predicted and to never give up in the bitcoin market. As for those who complain about the movement of bitcoin being too slow and boring, this is to prove them wrong that bitcoin remains what it is.

If any Bitcoin investors is expecting Bitcoin to increase so that they can get relief it means that they will feel sad anytime it dip, Bitcoin is a volatile asset which has shown that it can always recover from dip and eventually reach ATH. Recently Bitcoin cruised pass $80k and some analysts jumped to conclusion that it was the begining of bull run, now it has decreased to $76k, we don't know if we are headed back between the $60k and $65k range or it is building momentum to skyrocket to $100k. If we cannot accurately predict Bitcoin price I believe that the best strategy is to buy when you have discretionary funds for it, buy and hold without worrying about monitoring the market.

You're probably referring to day or swing traders but tbh investors aren't that worried much with that just kind of dip, investors think long term. I think Clarity Act didn't pass is still a bullish thing to crypto, it's more like a sell the news event anyways if it has been passed and that was probably the recent decrease on the price lately. Nevertheless, not worried I thi k we are due for a run this Q4. Just a wild guess, but probably feeling it.

This Idea of getting fearful during price dip is not only trader's thing because of you get fearful during dips, you're bound to miss great buying opportunities. The price of bitcoin spent several weeks at the near bottom price of ~$63k and instead of buying, many investors got fearful and waited to know the next line of movement. Suddenly the price jumped and now at $77k and many people are still doubting if the price will still go up or down.

The best way of investing in bitcoin is starting now because it can go up anytime. Building for the future is something a person should be intentional about because time waits for no man. As far as I know, we're still in the bear season and there's still hope that bitcoin is continuously going up (not one directional) but overtime.

[sotelorene]

This is a very surprising thing happening today. Suddenly the price of Bitcoin has started its upward journey.

This is nothing new. It always happens like this. We hear some good news about Bitcoin and the price goes up. As long-term Bitcoin investors, we are used to this.

One thing I would like to correct is that a sudden increase in price doesnt necessarily mean that a bull run has arrived. The price generally goes up when demand to accumulate Bitcoin increases. Since the number of Bitcoins is fixed, its price follows the basic principle of supply and demand. So dont wait for an opportunity to buy when the price goes down. When it comes to Bitcoin, always think long term. Hence if you have extra money to invest, just keep accumulating these precious coins irrespective of the price.

Exactly, I agree with you and I want to add to what you have said so far. Sometimes or most time the reason some people panic or sell at loss is because they always tends to invest whenever there is rise in the market because these folks think the market will continue rising and guess what happen most times, immediately they enter the market they will start seeing a reversal in the market and this is lack of knowledge and understanding of the market mechanics, sometimes the move is simply to get liquidity in the market so we should have the long term mindset.