2024 will be a good year for BTC hodlers. - page 2.

Justbillywitt

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I was hoping that the price of BTC will reach $50k before the end of November which remain few days to the end of November but

That the price of bitcoin doesn't get to $50k in November doesn't mean that it can't get there before the end of the year. You have to understand that bitcoin is highly unpredictable and subjected to high volatility. For me bitcoin has done perfectly well. I think bitcoin is in the consolidation state currently and anything can happen from here. As a long time investor I will advise you to stop looking at the daily charts of bitcoin prices. Just buy and whenever you can and never bother about the price of bitcoin for the next one year ahead. I think this will save you lots of emotional dramas.

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the price is still low in the market and, the way the price was running in the market recently for the price to stop at $38k

The price of bitcoin is still low compared to what is coming after halving, so this is still a good entry point. But if you think the price of bitcoin is low because you expected it in $50k then I think your expectations on bitcoin is too high.

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Is like the bull run will not come this year 2023 but it will surely come early next year for those that invested in the bear season to
have good opportunity to earn a good profits.

Op the bull run was never supposed to start this year. I think you should try and get the right information so that you don't put yourself in unnecessary pressure. The bitcoin halving is expected to take place in April 2024 but no one knows the particular date it will happen. And the bull run is expected to start 6 months after the halving has taken place. So relax and keep accumulating.

Stable090

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Quote from: Cryptomultiplier on November 27, 2023, 02:41:07 PM

The first question that popped into my mind while reading this post is this; OP, How sure are you?

Everyone think since bitcoin halving will be next year, then they believe bitcoin bull run also will be next year which is wrong, don’t be surprise that we might not see bull run next year, e fit reach 2025 before bull run go start, some people dey run go invest in bitcoin now hoping by next year they are going to cashout there money, but I know lots of people will be disappointed. If you no go fit hold your bitcoin reach like ending of 2025, no rush go invest in bitcoin thinking you go cash out by next year, nobody is sure when the bull run will start, but since it always happen after halving, so people dey expect say the same thing go happen dis time around.

Some people fit go carry loan now invest in bitcoin, they will promise to pay back the loan by next year, all their mind bitcoin go pump well, they go fit sell am commot the loan wey dem take and dem go still get money, but if bull run no come start next year people like that dey don put them self for problem be that. Make we no get mindset say na next year bull run go start, e fit start next year, and e fit no start next year.

Jegileman

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Quote from: Zanab247 on November 27, 2023, 01:34:25 PM

Greetings my gallant fellow Naija people in the local board, 2023 is coming to an end soon and many plans for this year look as if it will not come to pass in the life of hodlers to achieve a huge amount of profits from their investment. I was hoping that the price of BTC will reach $50k before the end of November which remain few days to the end of November but the price is still low in the market and, the way the price was running in the market recently for the price to stop at $38k and, it look like the bull run will not come this year 2023 but it will surely come early next year for those that invested in the bear season to have good opportunity to earn a good profits.

The bull run was not expected to take place in this year, so for the bull run not happening this year is not a surprise to anyone at all. If you’ve invested early, even at the current price bitcoin is, you would have earned some profits already. Waiting till 2024 or more will only mean that you want more to what you’ve invested to get plenty profit when cashing out which is a good one to do. Every bitcoin investor hope to get the maximum profit from their investment in bitcoin, so patient will be the best exercise to exert now in order to achieve that in the future.

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Hope you have prepared well for the bull run that is about to show up in the market next year? Or you don't believe that there will not be bull run 2024?, If what I observed in the market few weeks ago is real, I think bull run that will make people to make big money will surely show up next year 2024.

We can’t be very sure that next year will be the year where we can all make a lot of big money in our investments in bitcoin, what is only sure is that; next year will be the year of halving to take place. Getting the big profit we want in this market will only happen after the bull run which we don’t know the exact date for it to take place but we all know it happens after every halving which we are all waiting for. I’m sure you’re not also certain when the bull run will take place, everyone is just holding for now.

Hatchy

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Quote from: Zanab247 on November 27, 2023, 01:34:25 PM

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From your post, I will say that you are experiencing what we call fud(fear of uncertain doubt) that because, a Bitcoin holder shouldn't always be this scared of when he would make his profit. And from your post, you might actually get other newbies scared just by saying

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I was hoping that the price of BTC will reach $50k before the end of November which remain few days to the end of November but the price is still low in the market and, the way the price was running in the market recently for the price to stop at $38k and, it look like the bull run will not come this year 2023 but it will surely come early next year for those that invested in the bear season to have good opportunity to earn a good profits.

this is the major reason, why it is adviced to invest in Bitcoin for the long term. The halving is going to take place next year and if you noticed, we are already walking into the bull run gradually, so what is there to be scared about. If you had invested in Bitcoin hoping to had make profit in a short time or sooner, then there might just be no difference between you and a short term holders ie, the TRADERS.

The price of Bitcoin has being hovering around the 36--38k for weeks now, and might just be able to hit the 40k price before the year runs out. So there nothing to be scared about. Just keep accumulating as many Bitcoin as possible and remain positive.

Cryptomultiplier

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The first question that popped into my mind while reading this post is this; OP, How sure are you?

Am not meaning to ask out of spite, but because next year 2024 is going to be a remarkable year for BTC as an initiative that has materialized and come to be accepted to some extent at least and with much better prospects still.
When I speak of remarkable, I mean the 'Halving'. It is going to happen sometime withing the first quarter of the year, and some months following, is the expected bull run as projected.

For holders who are just doing this for the first time, it might be too much to handle, but the older HoDLers would recognize this incident will still HoDL till the bull run comes and trade or withdraw or continue to observe the market and HoDL further.

Zanab247

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Greetings my gallant fellow Naija people in the local board, 2023 is coming to an end soon and many plans for this year look as if it will not come to pass in the life of hodlers to achieve a huge amount of profits from their investment. I was hoping that the price of BTC will reach $50k before the end of November which remain few days to the end of November but the price is still low in the market and, the way the price was running in the market recently for the price to stop at $38k and, it look like the bull run will not come this year 2023 but it will surely come early next year for those that invested in the bear season to have good opportunity to earn a good profits. Next year will be a good year for me because, I really embraced many opportunities that helped me to buy BTC whenever the price decrease in the market but I know good opportunity will come that will make the price hit above $50k for long hodlers to smile again next year.

Hope you have prepared well for the bull run that is about to show up in the market next year? Or you don't believe that there will not be bull run 2024?, If what I observed in the market few weeks ago is real, I think bull run that will make people to make big money will surely show up next year 2024.

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