Topic: 2024 will determined bitcoin fate - page 2. (Read 1061 times)

I think you should re-read what I wrote again.
First of all, I do have certain expectations/hopes. But I am not delusional in the way that I would state them as facts and certainty. There is a good chance we see a pretty nice Bitcoin price increase close before or after the next halving. But, again, it is not set in stone. No one can predict what's coming.
I replied to the post because it implied things were certain. That's my point of critique. Because nothing is certain and another ATH definetely isn't certain at all. Even though I believe there is a good chance, I would never write a sentence saying "Bitcoin will reach $100k at that and that date 100%". Because it's utter bs. And the longer you are in this crypto space, the less you should tend to make these prophet-like statements.
Any kind of guru-ism or prophet like predictions are toxic to any new investors with little experience.
You can be a true believer (I'd call it more an understander - education is key here) in Bitcoin and still avoid that stuff (predictions) like the plague.

Yup, I see people make the mistake of nailing everything, they claim bitcoin will definitely go up in 2024 and they forgot that future is unpredictable, there is no guarantee that history will always repeat. There's nothing wrong with expecting everything to be fine in the future, but don't be too subjective and have contingency plans for the worst-case scenario.

Given what is happening, the bitcoin price increase is inevitable but do not be subjective about when it will happen. If 2024 or 2025 bitcoin has not yet appreciated, keep holding for the future.

looks like op forgot about the event that happened with bitcoin in 2021 but i think it's an important event because btc at that time the price was very high, which was in the $60k range, but i think op please understand because he's still new in this forum or he forgot .

indeed psychologically people are always like that and think there will be an increase after every 5 years, even though it is not certain, but I personally hope that in 2024 and 2025 the price of btc will be very high.

the four-year cycle is indeed our hope to welcome the bullish season, but we shouldn't be too sure about the four-year cycle, considering that there is no certainty in the market, it could happen before 2025 or even more than 2025, I say this so that we don't feeling disappointed if it turns out that we have to go through a more expensive wait than that. my hope is that at the end of this year biltoin has started a bullish season, considering that at the end of every year there are also those who have confidence that the market will go up

Bitcoin's all-time price increase hit 68k in 2021. And I see the four year cycle indicates bitcoin halving in 2024 but bitcoin price doesn't hit that much in that year. But going to the next year in 2025, the price of Bitcoin will definitely increase. Because in 2020 there was halving but in 2021 the price of Bitcoin reached the highest mountain height. We look forward to this future Bitcoin halving and the potential for some good new all-time highs.

You've been here that long but you seem not to have given yourself enough time for perusal or trust information from historical data to make forecast of the future. If there were any skepticism on Bitcoin, I think it's gradually getting dismantled now unlike what we had in the past. I don't see why you still hodl tenaciously to things going wrong while we approach a halving year. Listen, I'm not saying Bitcoin doesn't take a beat up from time to time but I haven't seen that beat up take place during halving or post halving. Anyway, I've said enough already on this from my conviction. Your reality and expectations don't have to align with mine, neither do mine with yours.

It’s not bad to expect but we should try not to put all our hopes in it, otherwise it will be hard to move on when the year 2024 does not still show any significant price increase. Although history may sometimes repeat itself, but there’s still not enough guarantees that the same thing will happen this year. However, it’s still best to prepare your investment today so that if bitcoin halving is already around, at least you can still dive with the hype.

English is not my native language, so reckless may be too strong of a word.
Generally speaking I think it's not a wise way to be "certain" about any kind of upcoming market situation (unless you truely have insider information). That's why, even with previous experiences it seems irresponsible to me to state anything like this prediction as facts - because it still is just speculation.
Especially for newbies, let's assume they have a certain expectation - if it doesn't turn out to be true this time, they might just panic sell at a certain point and hate Bitcoin from then on. Sure, not a wise decision, but just how people tend to behave if they have certain expectations without a solid foundation of knowledge and it turns out these expectations are not met.
btw, I've been in the crypto space for even longer and been on Bitcointalk since eraly 2016 but forgot my old login data, as I wasn't really checking this forum much back in the day.

Your analysis about bitcoin price in the past is incorrect, I would want you to go back make research about the last bull market in bitcoin,  you need to know you can't predict the future of the market because it might not actually be the way you think it will be . If you are trying to predict the market it can lead to get distracted and not to concentrate with your investment. If you want invest in bitcoin hodl and take your mind from predicting when to gain profit, doing this it will help you in making a successful investment at the end of everything. 

People know that when the Bitcoin halve is occur the price will go higher. They don't know the right timing when to invest during halving. I believe that there's a lot of manipulation which put in people's mind that Bitcoin's price will drop because people that time were so greedy. So If I were you, I will wait for the manipulation to be done before I buy Bitcoin because I believe that after that the price will drastically move higher. I hope that all of us maximized the profit from that opportunity.

Definitely on point on which this do really pertains that OP did miss out some spot on his analysis and some research on which it is really that misleading into those newbies who would really be able to read up.
5 year cycle? Not its not it is really hat indeed 4 year cycle on which this is usually getting in line with Bitcoin halving which Bull run do kicks in after several months of such event on where
market prices do really rise up into certain extents on which it is really that way more higher compared into its previous highs and this is what investors and supporters that had been anticipating.

Although, when it comes to crypto investments, its never been that risks-free on the first place on which means that despite on knowing about those probabilities basing up on the history but doesnt mean that it would
really be happening in the future. We do know that future isnt something that assured or really that been known whether this market would really be still getting such demand and recognition or there
would be something new that would be taking up place. No one knows but basing and seeing on the current market condition on which it is unlikely that we would be heading there.
Recognition and adoption is still continuing and there's no way on stopping it midway.

You are saying this because of the near bitcoin halving that is almost around the corner. Well you’re right, but never expect that everyone will be given the best advantage when bitcoin halving is happening because it still depends on how much you prepared for it.

But I want to correct your wrong analysis based on how you perceived about bitcoin’s journey. 2018 was indeed a bearish moment for bitcoin, same with year 2022. However, 2021 was a great year for bitcoin because its price reached an all time high that time that put $65k as the latest all time high for bitcoin. By 2024, we are expecting a new all time high again, depending on the effect of this approaching bitcoin halving.

You miss some important points here. Bitcoin price has reached an all time high with $65k way back in November 2021 so definitely, it’s not 2018 but 2021 was the last profitable year for bitcoin. And perhaps with this approaching bitcoin halving, which is expected to happen sometime in 2024, bitcoin price will definitely skyrocket again along with established altcoins in the market. So do the DCA as early as now, so that we will have the best harvest when bitcoin halving is finally around.

The author did not take into account the events of 2021 for some reason and there are several more inaccuracies in his report. Perhaps the author is a beginner or just wants to draw attention, incorrect analysis, incorrect data
It might not be bad for your analysis to be correct, but it is not. It is very difficult to predict anything with certainty regarding bitcoin or any other currency. And I'm not sure it even makes sense

I guess that’s the most awaited part if you are a bitcoiner, seeing bitcoin halving nearly approaching. However, that does not mean that bitcoin and other crypto prices will immediately surge high when bitcoin halving is here. No, it will still take months before you can see the final effect of bitcoin halving into the market.

I don't know how "reckless" you think that comment is when you see something reoccurring over and over. Both of us have witnessed two full Bitcoin circles since we registered here. Your profile tells me that we both got in here the same month. It's also likely that we may have passed through one or two similar experiences as members here, isn't it? So, what makes my being certain that halving history will repeat itself as was in the past "reckless"? Yes, I know this is crypto and there shouldn't be strong hold on certainty but I want to differ on that in relation to halving. Bitcoin will experience another ATH after halving. Mark my word.

It's kind of reckless to just make a statement (marked in italics above) as if it were set in stone.
Personally I also believe there is a high chance of another ATH somewhere closely after or before the next halving cycle - however it is everything but guranteed.

One important thing to consider: The more certain a market move seems, the more people are aware of it beforehand, the less likely it is to happen - because everybody already has the information, it could alreay be priced in.
Still, there could be an overlap of other cycles and these in combination with increased scarcity of BTC gives a good chance for another massive bullrun within the next 1 - 2 years. Also, increased adoption is always in favour of Bitcoin and it's never certain when major steps on that path will be reached. Maybe sooner than later.

Actually, Bitcoin has been very volatile in the past few years, it is really difficult to read the movement of Bitcoin if it is really going in the right direction. But I believe that in the coming 2024 there are many expectations that Bitcoin will reach or reach its 100k$ each in the market and this is also my expectation that I cannot avoid.
Apart from that, as time goes on or time passes, the value of Bitcoin increases even if we say now that it is low in the market.

We are going to see something big happen for sure, if the cycle thing happens again and we end up seeing price start going up again after the halving, that means that it is real and it happens every time before the halving and the next one could be even bigger, because more people will be aware of this cycle and it would be almost like guaranteed.

We have seen it at 2017, seen it at 2021, and if we see it at 2024 as well then we are going to be certain about it. I think it will spill over to 2025 as well, not going to start and finish in 2024, but that is of course only if it happens. This is why we should be pretty careful about it, I am not seeing anything major changing at the time and we need to be a lot more patient about it.

I think 2024 or 2025 will not matter for those who will be able to understand the importance of Bitcoin. All they need to understand they will hold Bitcoin for the long term. There are many who are waiting for the bullish trend of Bitcoin and they are sometimes expressing disappointment towards Bitcoin due to various global economic factors. If they hold Bitcoin for a long period of time rather than focusing on a specific year, they can only get that desired Bitcoin moment. Bitcoin will enter the bull run in the future with more strength than the progress showed in 2018 to 2021.