A big buying opportunity might be on the horizon

sana54210

legendary

Activity: 3318

Merit: 1128

Quote from: Jegileman on January 07, 2024, 03:14:13 AM

Bitcoin Spot ETF will just cause some unexpected volatility in the market different from the ones we have being experiencing with bitcoin. After the date that it is expected to be approved and verdict given about it, the market will just experience some changes and after that, the market will go back to the way it is. I will just call it a turbulence that will shake the market a little and then gets back to its normalcy after that. Bitcoin bull run will come the same way it has been happening, neither Bitcoin Spot ETF will affect it in anyway.

If that happens of course, we still have no proof that it would happen that way, we do assume that it will get accepted and to be fair the company that is trying to make this work is a company that has security force that is bigger than some nations armies so expecting them to make this work and get accepted is not really a pipe dream but at the same time I think it's quite possible for people to have some sort of back up plan in case it doesn't get accepted anytime soon.

I believe that even if it gets rejected the halving is near and I think next year will be bull, for all 2024 and maybe some of 2025 we will see a bull, so buying right now makes sense to be and I will not stay away from crypto. Economy all around the world is horrible anyway, and making money is quite troublesome anyway, so I have absolutely no other hope than wait around for bitcoin to grow bigger and hope that it makes me some money so that I can pay all my debts and clear my troubles.

dezoel

legendary

Activity: 2044

Merit: 1075

Leading Crypto Sports Betting & Casino Platform

Quote from: bestcoins1 on January 06, 2024, 10:00:50 AM

Quote from: peter0425 on January 05, 2024, 01:21:38 AM

Well again this will end in Waiting time , yeah ETF denial will never stop bitcoin from making another ATH because we have seen this happens many time before , but the thing here is that we are nearing the Halving so bitcoin will make another great chance to increase and so as we to purchase and make our folio open for another investing .
as soon as the market grows is the faster we can make withdrawal and money .

It's a good idea not to withdraw money in advance if the market is developing quite well because everyone will take advantage of this good trend for their own benefit. But if it's time to withdraw money, I think it's not a problem to do so as long as there is still potential for better price growth in Bitcoin. Of course it would also be very good to remain in the current position while continuing to implement purchases with the capabilities we currently have.

To withdraw is I think different from selling. Once you say, withdraw, that could mean you already sold your coins and you are only pulling out the money online for your to spend it outside. If we haven't sold our coins yet, it's better to hold on like you said when the market is experiencing like that, because there is a tendency that it will continue.

Investors are always being advised to buy low but they still can't help to go against this rule and buy even the price is already at the top and still continues to rise. I can only agree on the title of the OP. Well that is because the halving event is coming, so people are still buying even for the last minute.

Crypt0Gore

sr. member

Activity: 952

Merit: 275

We should be fine if the ETF approval got rejected, Bitcoin isn't suppose to make a new all time high until 2025, and if this year sees rejection of ETF approval Bitcoin will correct and it will be a good opportunity for investors once again, and it could be the last, the Bitcoin halving is also coming in few months to this time, I believe the halving is more bullish for Bitcoin than this ETFs, many people don't know that this ETF proposal have been ongoing for past five years or more, and Bitcoin still made new all time high all through, whatever happens it's for the best.

Sophokles

hero member

Activity: 1232

Merit: 516

Quote from: KiaKia on December 18, 2023, 09:34:34 AM

What if a new rugpull is in plan for crypto?

SEC denial of the approval can cause crypto to crash massively, if the ETF isn't approved by January buckle up for a spiral run down the hill kinda market behavior.

But alas, ETF approval have been around for year's and it has never been approved before, if it's a nO this time around it still won't stop Bitcoin from creating a new all time high.

The way consumers accept this bad news will determine how far Bitcoin can dip but understand that it's going to be a big opportunity to get more Bitcoin, do not follow the masses, as they can be easily lead astray.

ETF will be approved eventually, if not this month. But it is true that if they ask for more time then it will also have a bad impact on the market. Though there is news everywhere that the ETF will be approved this Wednesday, I still believe that there is some major negative news in the pipeline to crash the market so that these asset managers can buy the dip. Otherwise, there is no way they will be able to accumulate millions of bitcoins from the open market without pushing the price towards 200k. At that price it will be profitable for them or their customer!

stomachgrowls

hero member

Activity: 3010

Merit: 794

Quote from: tygeade on January 06, 2024, 01:51:24 PM

Quote from: bestcoins1 on January 06, 2024, 10:00:50 AM

Quote from: peter0425 on January 05, 2024, 01:21:38 AM

Well again this will end in Waiting time , yeah ETF denial will never stop bitcoin from making another ATH because we have seen this happens many time before , but the thing here is that we are nearing the Halving so bitcoin will make another great chance to increase and so as we to purchase and make our folio open for another investing .
as soon as the market grows is the faster we can make withdrawal and money .

It's a good idea not to withdraw money in advance if the market is developing quite well because everyone will take advantage of this good trend for their own benefit. But if it's time to withdraw money, I think it's not a problem to do so as long as there is still potential for better price growth in Bitcoin. Of course it would also be very good to remain in the current position while continuing to implement purchases with the capabilities we currently have.

I agree, not withdrawing right now is a good approach and should be considered as the best thing to do at the moment. I agree that there are some people who are fearing what may happen, but I think it would be quite good to just let it be, I feel like that would be an ideal situation. I am not saying that it is going to hurt us on the long run, but that is still a good thing and we need to let it be and not sell or not touch our coins and just hold and wait.

If we can do that for about a year, then we are going to get a lot more profit, and I am not sure how much more, but I bet that it is going to be way more than what most people assume it would be. I believe that in a year, we are going to peak over the ATH price and will do amazingly.

For those people who do make some recent profits then for sure they would really be having those thoughts that they would really be needing to cashing it out and would wait up for that last dip before bull run kicks in on which we do really know that there is really a moment that prices would really be going down into the floor before we would really be going to the moon. The main question is, when it would happen?
Its true that it would really be that depending on a certain individual whether they would be securing their positions or would really be just letting be on the things that they are really that doing and simply
just watch out or simply making some DCA on the time that prices would really be going that low. There's no way that we could really be able to know on when it would be starting to kick.

Important thing is that you should really be that preparing your bag because we dont know on what would happen next but at least we do already have the idea
on where we are going next specially that every cycle there's bear and there's bull run.

Jegileman

sr. member

Activity: 434

Merit: 199

Bitcoin Spot ETF will just cause some unexpected volatility in the market different from the ones we have being experiencing with bitcoin. After the date that it is expected to be approved and verdict given about it, the market will just experience some changes and after that, the market will go back to the way it is. I will just call it a turbulence that will shake the market a little and then gets back to its normalcy after that. Bitcoin bull run will come the same way it has been happening, neither Bitcoin Spot ETF will affect it in anyway.

Dunamisx

hero member

Activity: 952

Merit: 555

I also agree that this period is meant to serve as an opportunity for as many that were interested in making an investment, the market in general is going dip now especially with altcoins and we have to get the opportunity of making investment in bitcoin now and also trade as many altcoins we might have acquired, but for the benefits of those who haven't, they can acquire as little as they can afford to risk and make short investment on them.

tygeade

legendary

Activity: 2086

Merit: 1058

Quote from: bestcoins1 on January 06, 2024, 10:00:50 AM

Quote from: peter0425 on January 05, 2024, 01:21:38 AM

Well again this will end in Waiting time , yeah ETF denial will never stop bitcoin from making another ATH because we have seen this happens many time before , but the thing here is that we are nearing the Halving so bitcoin will make another great chance to increase and so as we to purchase and make our folio open for another investing .
as soon as the market grows is the faster we can make withdrawal and money .

It's a good idea not to withdraw money in advance if the market is developing quite well because everyone will take advantage of this good trend for their own benefit. But if it's time to withdraw money, I think it's not a problem to do so as long as there is still potential for better price growth in Bitcoin. Of course it would also be very good to remain in the current position while continuing to implement purchases with the capabilities we currently have.

I agree, not withdrawing right now is a good approach and should be considered as the best thing to do at the moment. I agree that there are some people who are fearing what may happen, but I think it would be quite good to just let it be, I feel like that would be an ideal situation. I am not saying that it is going to hurt us on the long run, but that is still a good thing and we need to let it be and not sell or not touch our coins and just hold and wait.

If we can do that for about a year, then we are going to get a lot more profit, and I am not sure how much more, but I bet that it is going to be way more than what most people assume it would be. I believe that in a year, we are going to peak over the ATH price and will do amazingly.

_BlackStar

legendary

Activity: 1064

Merit: 1228

Playgram - The Telegram Casino

Quote from: Fakhrulenclix on January 06, 2024, 11:34:00 AM

Quote from: bestcoins1 on January 06, 2024, 10:00:50 AM

-snip-

That is very true, in fact, when this positive trend continues, it would be better to maintain assets and even continue to buy according to your abilities.
I don't think a good choice is to exit when market conditions are fine, we have seen the Bitcoin price continue to increase since the last few months so I think this is a good moment to maintain assets and also to add assets is also good when we look at the prospects an increasingly positive (possible) future.

You can say whatever you want - but in reality the current economic situation is difficult for the lower classes. You know what I mean - so I probably don't need to explain at length why not everyone needs to accumulate as long as they already have some bitcoin in their wallet.

Holding bitcoin now and longer is a wise choice as long as you have an emergency fund - if not, sell some and leave more. This advice is intended so that you have safe options when you have investments - of course, this is part of long-term planning that you should not ignore. The bullish trend will come soon even if the SEC decides not to approve a bitcoin ETF - but if they do, the bullish will come sooner this year.

virasog

legendary

Activity: 3136

Merit: 1172

Leading Crypto Sports Betting & Casino Platform

Quote from: Beparanf on January 06, 2024, 09:09:30 AM

Quote from: Hypnosis00 on January 06, 2024, 08:53:35 AM

I may be wrong but people are tired of ETF approval, they are now looking forward to the impact of halving the market trend. And can't hide the fact that more people are investing in crypto these days because of the upcoming halving anticipating the possible skyrocket of prices when it is done.

I foresee that 2024 -2025 is a good year for cryptocurrency. Can't assure you how far the price of Bitcoin will reach but huge expectations are there.

Bitcoin price still has a strong price swing whenever there’s news related to ETF approval. The price keeps recovering quickly whenever it dumps near the 40K support that only show how people keep holding on and keep positive in relation to the ETF approval because normally the price should be dump now if people is already lose hope to ETF approval since halving is still far from now to occur.

Trader usually use the most upcoming event instead of the later for trading and just trade using the later event once near.

Many people are still waiting for bitcoin to take a correction to 35-36K level and even if bitcoin dumps to this price, it will be a healthy correction and a much needed one for Bitcoin to make another leg up. However, for the last many weeks, we have not seen a good correction only because of this bitcoin ETF hype.

If the bitcoin ETF is delayed, then for sure we may see this correction or it is cancelled (that is not likely to happen) then we may see further downward momentum, and in case EFT is approved, then we may see bitcoin above 50K and stable at some particular price level and then we again see some correction. Without correction, the financial markets and the bitcoin market can never make big highs.

irhact

hero member

Activity: 616

Merit: 749

Quote from: SeriouslyGiveaway on January 04, 2024, 10:56:16 PM

It can't be denied that when ETF is approved, a tremendous amount of money will pour into this market, but it's not accurate to say that without ETF, there wouldn't be money flowing into this market. Before publicly acknowledging the acceptance of Bitcoin, large organizations or even countries have quietly invested money in this market under various forms for a long time.

You're correct, ETF will be very good for Bitcoin. It'll make more big Investors to know about Bitcoin and want to invest into Bitcoin. ETF won't have any bad disadvantage to Bitcoin price therefore we should be praying they get approved and not denied. Every dip should be approached as a chance to buy Bitcoin before EFT get approved. Bitcoin is going to be very high and many individual won't be able to buy one anymore due to the price.

When ETF gets approved more large organizations and countries will want to buy Bitcoin as they see others also doing it and won't want to miss out too. I don't think Bitcoin will fall that much again, Bitcoin has started the new year very well and it'll continue in this momentum for more time and not falling that much in the first quarter of the year. After the halving that's when I think Bitcoin will dump a little.

Fakhrulenclix

sr. member

Activity: 1638

Merit: 339

Quote from: bestcoins1 on January 06, 2024, 10:00:50 AM

Quote from: peter0425 on January 05, 2024, 01:21:38 AM

Well again this will end in Waiting time , yeah ETF denial will never stop bitcoin from making another ATH because we have seen this happens many time before , but the thing here is that we are nearing the Halving so bitcoin will make another great chance to increase and so as we to purchase and make our folio open for another investing .
as soon as the market grows is the faster we can make withdrawal and money .

It's a good idea not to withdraw money in advance if the market is developing quite well because everyone will take advantage of this good trend for their own benefit. But if it's time to withdraw money, I think it's not a problem to do so as long as there is still potential for better price growth in Bitcoin. Of course it would also be very good to remain in the current position while continuing to implement purchases with the capabilities we currently have.

That is very true, in fact, when this positive trend continues, it would be better to maintain assets and even continue to buy according to your abilities.
I don't think a good choice is to exit when market conditions are fine, we have seen the Bitcoin price continue to increase since the last few months so I think this is a good moment to maintain assets and also to add assets is also good when we look at the prospects an increasingly positive (possible) future.

bestcoins1

hero member

Activity: 2338

Merit: 737

Quote from: peter0425 on January 05, 2024, 01:21:38 AM

Well again this will end in Waiting time , yeah ETF denial will never stop bitcoin from making another ATH because we have seen this happens many time before , but the thing here is that we are nearing the Halving so bitcoin will make another great chance to increase and so as we to purchase and make our folio open for another investing .
as soon as the market grows is the faster we can make withdrawal and money .

It's a good idea not to withdraw money in advance if the market is developing quite well because everyone will take advantage of this good trend for their own benefit. But if it's time to withdraw money, I think it's not a problem to do so as long as there is still potential for better price growth in Bitcoin. Of course it would also be very good to remain in the current position while continuing to implement purchases with the capabilities we currently have.

Beparanf

hero member

Activity: 2954

Merit: 796

Quote from: Hypnosis00 on January 06, 2024, 08:53:35 AM

I may be wrong but people are tired of ETF approval, they are now looking forward to the impact of halving the market trend. And can't hide the fact that more people are investing in crypto these days because of the upcoming halving anticipating the possible skyrocket of prices when it is done.

I foresee that 2024 -2025 is a good year for cryptocurrency. Can't assure you how far the price of Bitcoin will reach but huge expectations are there.

Bitcoin price still has a strong price swing whenever there’s news related to ETF approval. The price keeps recovering quickly whenever it dumps near the 40K support that only show how people keep holding on and keep positive in relation to the ETF approval because normally the price should be dump now if people is already lose hope to ETF approval since halving is still far from now to occur.

Trader usually use the most upcoming event instead of the later for trading and just trade using the later event once near.

Hypnosis00

sr. member

Activity: 2436

Merit: 343

Quote from: BALIK on December 25, 2023, 10:35:32 PM

Quote from: JoyMarsha on December 23, 2023, 05:10:39 PM

The fact that the halving season is next year, whether the bitcoin ETF gets approved or not, doesn't change the already existing history of bitcoin price that it will increase than it has, months after the halving. However, if bitcoin ETF gets approved fine, if it doesn't, still fine. That won't change what is expected to happen for the ATH of bitcoin in 2024/2025,

Everyone is focused on what will happen next during the halving season rather than the bitcoin ETF because that event won't increase the value of bitcoin as much as the halving will (months later).

What you say makes sense because in the past bitcoin has created ATH after each halving without needing an ETF, so this time it won't be a big deal if the ETF is not approved. But let's not be too subjective that history will always repeat itself, I mean there is no 100% guarantee that bitcoin will continue to create ATH after the 2024 halving. In my opinion, we should still have a backup plan for the scenario if there is no ATH after the halving and I want to look at the long term rather than just focusing on the halving.

Well, we may not expect it to run like in the previous halving but can't change how the community is expecting after halving as they are more optimistic than before. I may be wrong but people are tired of ETF approval, they are now looking forward to the impact of halving the market trend. And can't hide the fact that more people are investing in crypto these days because of the upcoming halving anticipating the possible skyrocket of prices when it is done.

I foresee that 2024 -2025 is a good year for cryptocurrency. Can't assure you how far the price of Bitcoin will reach but huge expectations are there.

taufik123

legendary

Activity: 2716

Merit: 1855

Rollbit.com | #1 Solana Casino

Quote from: peter0425 on January 05, 2024, 01:21:38 AM

Well again this will end in Waiting time , yeah ETF denial will never stop bitcoin from making another ATH because we have seen this happens many time before , but the thing here is that we are nearing the Halving so bitcoin will make another great chance to increase and so as we to purchase and make our folio open for another investing .
as soon as the market grows is the faster we can make withdrawal and money .

It's like a perfectly manipulated attempt to suppress market prices so that those with these interests can buy cheaply.
When the news of the ETF delay appeared, the price of Bitcoin immediately dropped dramatically, touched the price of $42k again, and a few hours later,
the price began to rise again, being at $44k.

Those with big funds will just laugh at the sight of retailers panicking and selling their holdings.
ETFs are currently quite a good influence if accepted, but will worsen the Bitcoin market when they are rejected.
But the bad influence of ETFs will not last because Bitcoin enters at the moment of Halving and is indeed awaited as a Bullish moment that only happens once every 4 years.

Follow how the Whales build the current market sentiment, don't fight it with panic, we can only get on their backs.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: KiaKia on December 18, 2023, 09:34:34 AM

What if a new rugpull is in plan for crypto?

SEC denial of the approval can cause crypto to crash massively, if the ETF isn't approved by January buckle up for a spiral run down the hill kinda market behavior.

But alas, ETF approval have been around for year's and it has never been approved before, if it's a nO this time around it still won't stop Bitcoin from creating a new all time high.

The way consumers accept this bad news will determine how far Bitcoin can dip but understand that it's going to be a big opportunity to get more Bitcoin, do not follow the masses, as they can be easily lead astray.

Well again this will end in Waiting time , yeah ETF denial will never stop bitcoin from making another ATH because we have seen this happens many time before , but the thing here is that we are nearing the Halving so bitcoin will make another great chance to increase and so as we to purchase and make our folio open for another investing .
as soon as the market grows is the faster we can make withdrawal and money .

SeriouslyGiveaway

full member

Activity: 504

Merit: 144

Quote from: rat03gopoh on December 20, 2023, 03:02:34 AM

And seriously, is there no longer the potential for inflow of funds from (combined) all retail users throughout the world so that we can only rely on funds managed by large institutions to touch the new ATH price?
Meanwhile, what we see is that funds from various failed atlcoins have the potential to contribute several portions of bitcoin's marketcap (remember, bitcoin is believed to be safe heaven). Not to mention, I'm not sure that the millionaire NFT sellers of the past have fully entered the Ordinal market.

We're truly being led by the media, specifically by major organizations. They want the whole world to look at them and recognize them as pioneers in accepting Bitcoin, so that when newcomers want to enter this market, they immediately think of them. That's the current approach they're taking to grab a lot of attention towards Bitcoin ETF, overshadowing other factors such as understanding how the formation and development of this market have occurred, and where the long-term price increase of Bitcoin truly lies.

It can't be denied that when ETF is approved, a tremendous amount of money will pour into this market, but it's not accurate to say that without ETF, there wouldn't be money flowing into this market. Before publicly acknowledging the acceptance of Bitcoin, large organizations or even countries have quietly invested money in this market under various forms for a long time.

AmoreJaz

legendary

Activity: 3122

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: justdimin on December 26, 2023, 04:43:24 AM

Quote from: mirakal on December 25, 2023, 12:56:27 PM

Bitcoin reaching it's new all time high has always been its goal even before SEC approval for bitcoin ETF news has spread out. That's why irregardless of its outcome, bitcoin is still determine to reach its goal.

However, upon seeing the SEC approval does not turn into reality, bitcoin price might be possibly affected and we should prepare for that. Not just to stay hodling on our investment but to take advantage on the new cheap price for bitcoin. Bitcoin accumulation will only be maximized if you do it at a perfect timing.

It will definitely have a new ATH and there is nothing that can stop that, I understand some people may feel a bit different about it, but that's just how it is and we should be considering that as the most logical outcome for this situation. I get that we may not reach to a point where it can't be really all that crazy, but we need to realize that it is not going to be all that weird neither.

We just need wait for it, and eventually that will happen, and given enough time, we are going to end up with a good result one way or another. I get that it is not going to be all that simple, but if we want to, then we could make it work. I know that it is going to be a bit tough, but it is not really that crazy to assume it can reach the new ATH price in the next year or so.

most believers have positive mindset on this market because we have seen how the market performed throughout the years. so it won't disappear without massive reason. those believers for sure are continuously adding btc on their stash in preparation for the imminent price increase of btc market.

for those who are still hesitant, there's no worry on that. as long as you invest on this market on your own free will, you should not regret your decision later on. because no one is forced to dip their hands on this.

but i also have the feeling that this market is on the positive direction because let's be real here. there is fixed supply and the demand is continuously increasing, so what do you think will the market perform by then? so the likelihood that it will increase is very high given the circumstances of the situation.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: BALIK on December 25, 2023, 10:35:32 PM

Quote from: JoyMarsha on December 23, 2023, 05:10:39 PM

The fact that the halving season is next year, whether the bitcoin ETF gets approved or not, doesn't change the already existing history of bitcoin price that it will increase than it has, months after the halving. However, if bitcoin ETF gets approved fine, if it doesn't, still fine. That won't change what is expected to happen for the ATH of bitcoin in 2024/2025,

Everyone is focused on what will happen next during the halving season rather than the bitcoin ETF because that event won't increase the value of bitcoin as much as the halving will (months later).

What you say makes sense because in the past bitcoin has created ATH after each halving without needing an ETF, so this time it won't be a big deal if the ETF is not approved. But let's not be too subjective that history will always repeat itself, I mean there is no 100% guarantee that bitcoin will continue to create ATH after the 2024 halving. In my opinion, we should still have a backup plan for the scenario if there is no ATH after the halving and I want to look at the long term rather than just focusing on the halving.

At some point, due to the coins being mined on each block becoming too few compared with the coins that are already in circulation, the halving will lose its influence to make the price to go up as fast as it has done on the past, however with the adoption all over the world growing and a rising worry in the mind of many citizens about the viability of the current economic model, I would guess the interest in bitcoin will remain strong enough so new ATHs could be reached at the time.

Topic: A big buying opportunity might be on the horizon (Read 732 times)