Topic: As bitcoin is rising what is your plans - page 2. (Read 606 times)

Don’t forget, the market is unpredictable. Nobody will tell you how the bitcoin price will be before the end of this year or 2024, so therefore, you can wait. This year is almost over if you haven’t purchased. You can do that even now with the current price. It's still never too late. Don’t you think the market may dump again before it’s reached ATH?


I’m still expecting the price of bitcoin to pump up more than it’s current price, so even now, if I have money to invest more in bitcoin, I will do that. I’m expecting bitcoin to surpass $50k, so even now if you have money, you can still invest if you wish to do that; it's still never bad, and you will get your money back with profit. However, I won’t tell anyone around me to invest or sell their bitcoin. If I say they should wait till the market dumps and the market rises, it will be a problem. At the same time, if I say they should wait until the market dumps, it will still be a problem, so it is a matter of choice.

Where Bitcoin wan fall go again, even though e fall, chances dey say e go increase as halving dey come so oh so if you go dey procrastinate na yourself wey you dey do because Bitcoin go continues dey increase. The time wey Bitcoin been dey low dun pass, like dis we dun dey commot the bear market so na up up wey Bitcoin go soon start dey go. Halving na just next year and people dey rush dey buy and hodl because dem know how e dey be during the bull market. If person wan invest no pursue am say make him come back when market go dey low but help am make him invest but teach am things wey him go need know as Bitcoin investment nobi wetin you go put money wey you go need urgently inside. Make him just invest small amount and hodl like others. If the market fall na luck for ham and make him buy more but no go dey wait for market to fall before you buy.


Timing na for traders na and since no be trading wey dem or you wan do you no need am. Smart investors no dey wait to buy, dem dey buy to wait. An investor buys to hodl, if you dey observe all those big whales dem wey dey the industry. Na so so buying and Hodling wey dem dey do and also DCA as dem dey Invest when the market get any big dip. If we dey follow wetin dis guys dem dey do we no go dey lose for the industry but you dey see all this timing of buying and selling e dey give us the wrong mindset. If you buy when the market dey down and hold to sell for future, you no need timing when to sell because anytime wey you sell na better profits you go dey make so.

As bitcoin is rising and you're happy be very cautious, it could be a trap by the whales to dump hard. Don't go all in for now. I believe there will still be a dump. But then if you ain't very rich, why venture into bitcoin when there are altcoins that will give you quick ROI

For me, the maximum price of Bitcoin by the end of this year should be over $40k. Not sure of how true but the price of Bitcoin has been predicted to increase from now on to 2025, and my advice to anyone willing to invest in Bitcoin is to invest now, of course, that advice is quite simple and shallow. Everyone wants to invest in something like this but not everyone has the funds for this, especially with what's going on in this country, so the main advice is BURROW AND INVEST. Doesn't sound like something sensible cause of its high risk, but think about it, imagine letting lack of funds stop you from getting something so huge and the returns by 2025 would be enough to pay times 5 of the Capital but guess I what? that'll be your gain, your profit. Burrowing is a virtue, harness it with appropriate wisdom and knowledge.

Funny enough, there are many other means of obtaining Bitcoin apart from buying it. If funds become a major issue, find out and use those other ways.

And lastly, for those who are lucky enough to have already invested, don't sell till 2025. As simple as it is, it is very important that you don't miss out on massive returns cause of fear and end up regretting.

Thank you ...

You don't have to tell someone when to buy or sell their Bitcoin, I think everyone should understand the market from their own view and must have gotten a plan before ever they taught of becoming an investor here in the crypto space. For me I can only read and make research wey I feel say go dey preferable for me and besides it's a journey everyone is battling but I feel forgetting about and sticking to buying would be good but obviously that's if the funds are available. Bitcoin today's price is still small compared to speculated price in like years coming because Bitcoin go still go higher and since many people missed out during the low price we have more opportunities to buy now and wait for faith of new ATH to take control.

The future price of Bitcoin? Now that's the million dollar (or I guess Bitcoin lol) question! Trying to predict it is like attempting to forecast the weather on some distant planet - pretty much impossible.  I don't have a crystal ball or anything and  as for advice, the old saying rings true: no one can time the market perfectly.  If you're planning to hold Bitcoin long-term, the day-to-day price changes probably wont make much difference in the end. 

For folks looking to buy Bitcoin, maybe try dollar-cost averaging.  That's where you invest set amounts over time to smooth out the volatility.  Just my two cents! Who really knows what will happen.

  One should still keep on buying  if you still want to buy and for those that have not should not wait for the price to drop if you have the money either gradually or once, because as it is now Bitcoin  price is increasing by the day, buying Bitcoin at any  price point will be profitable to you in future for as long as you will HODL/accumulate on it for a long  term between 5-10 years and above,because Bitcoin has a long term store of value and also decentralized which makes it easier for you to access your asset any time you are in need of it,and has no failure time or point .
 
  Purchasing Bitcoin at this point in time is very necessary because we are moving towards halving by 2024 which will make you more profitable from your investment, just keep buying as much as you can so that you wil not regret your actions.

Me no lean on Bitcoin predictions and for now, whatever Bitcoin price is, I am taking advantage of it.
If e increase, my trades value in the Bitcoin market is increased and of e decreased, e give me room to buy more.
Just anyhow the market like, make e wave my eyes dey on board to take advantages.
But asking people around to buy or sell their coins na wetin I no fit discuss with them bcos me no fit dey plan different thing for myself in the same industry with them while I dey catapult differently cuz if them notice me then I become untrust.
Besides I no be insider taking decision in Bitcoin to tell anyone what to do about em Bitcoin.

I just hope that the price of bitcoin will hit $40k before the end of the year, because it is getting high more and more every day. If there is anyone I can recommend buying bitcoin to, it will advise them to buy it now, we can never be sure of its future price. If we assume that we will have to wait for the price to drop, some people may end up waiting forever, because we can never be sure if it will continue to rise without dropping. If I see someone around me that wants to hold bitcoin, I will advise them to buy it right away, since time waits for no one and they shouldn't come back and regret it later. Given the high price of bitcoin, we cannot afford to miss this opportunity.

No matter how high bitcoin is, we can still make profit if we buy. If we buy and later have financial difficulties, we can sell the profits we made. However, if someone wants to wait a year, that person should wait because, in my opinion, the price of bitcoin won't drop much below this at this point.

Like some people have been saying, this increase in the price of Bitcoin recently doesn't actually mean that the bull market has already started. I don't agree with that, and I will not advise investors to begin selling off their holdings now because it's still too early to sell off, and you guys cannot tell what extent the price will get to in 2025-2025. Whoever sells now might not have a better chance to buy at a lower price until the bull market is fully over. Also, it's good for investors to have a price target at which they want to sell so that they will not always feel tempted to sell off so quickly when the price has not even gotten to their expectations. For me, I am holding my Bitcoin until I see at least $80k; if $80k is archived, there is a possibility of $90k, and I might initiate my first sell at that price while I wait for $100k.

As we de enter halving next year, and we de expect ATH and bull run, after e hapoen, I believe any investor wey wan buy bitcoin now fit to still do so. Although as e be now, people wey done buy and hold before now go surely make profit pass, but dat one no mean say people wey buy now no go follow cash in for di coming bull run. Because anyhow wey e be price suppose de higher dan dis wen e go be perfect time to sale for di bull, so na make we no panic and sale before di actual bull run.

As for prediction of wetin price of bitcoin go be before di end of di year, me I no wan  worry mysef about dat one, because e fit distract me from accumulating more bitcoin if di money enter. As I talk before, price go still de increase till di peak of bull run.

Cryptocurrency prices are generally hard to predict, it's not that it's hard, it's unpredictable, and as we all know, bitcoin itself is the father of all cryptocurrencies, and this makes the price of bitcoin unpredictable as well.
I can't say with certainty, that bitcoin will keep going up in price all through this year, for based on past experiences, there will always be some corrections from time to time, correction period is a time that the price will adjust backwards to match the actual trading volume on both sides, so for me, If I must predict., I did say that what I know is that, we won't see bitcoin below $30,000 this year again.

And if anyone is will to make money in the next coming months, buy bitcoin now and hold, don't wait for tomorrow for the price may go up further, and it may also drop, if it drops below the price you bought it previously, then just buy more, and also look for good altcoins and buy as well, don't depend on bitcoin.

Well as Bitcoin rise I advise you do not panic, the price of Bitcoin would keep rising that's how strong Bitcoin is but still Bitcoin is very much versatile and there might be some decline along the line. My plans this period is much of the same and that's to keep on accumulating Bitcoin and I don't have the intention of selling Bitcoin even after the Bitcoin halving.
I understand the potentials of Bitcoin and I think everyone should also consider that too, Bitcoin would be the future of financial transaction and to be holding Bitcoin now is an opportunity not to miss out on only to later re-enter

I'm sorry but these questions are rhetorical because they are subjective to individual. What you have in mind will be different from another person but since you asked for others opinions, I will drop my 0.3 cent as well.

First of all, nobody can say for sure the maximum price bitcoin will reach, at the end, everyone will give you speculations on speculations which will have less chance of it happening. If everyone know the optimum price, many will sell and would not have incur the losses they had last year, some people were aiming 100k last year even when it was dropping hard last year.

My advice is this, buy bitcoin, secure it in a safe wallet and hold for long term and make sure you remove high expectations from it, if it pump madly like 10x, be happy about the profit when you sell and if it doesn't do much, you should still be happy about it because your capital is not the same not even banks can guarantee like such profits in their saving plans.

The price won’t continue rising up their are sometime a negative price too in bitcoin, even if the price don’t go all down saying you don’t think it will drop down again to me is not right as we can see the market today have already dropped down a little, the only thing I know for sure is that it will be hard for us to see bitcoin below $20,000 again this period at least not until the end of the year, the market still look promising and anyone who want to buy can just buy at the price they meet it when they have the money ready, you never can really tell where next you will meet it next time.

In the aspect of bitcoin ATH I don’t think that can be achievable this new weeks left for the year to end well nothing seems impossible for the currency to achieve when it come to price,  but the days left for the year to finish is really too short, their is possibility that we can see $40,000 before the year finish and maybe in mid 2024 we can or even 2025 we can start expecting new ATH from bitcoin and those who are patient will be the ones to enjoy that pump.

I will advice anyone who have enough finance to buy now and not procrastinate or think it will come below this before you buy and I will advise people to hodl onto theirs and not rush to sell theirs because I believe it will rise more. If you dey buy as a newbie, always no that bitcoin na longtime investment, no be something wey you go rush buy come sell quickly. Always have a PLAN in anything you are doing even in investing in bitcoin

As a newbie that don't have much in my bitcoin portfolio, this is the best time for me to continue with my DCA strategy to increase my bitcoin since it has clearly shown that the bull run is kicking. The current price is still very affordable and this is the best time to take advantage of the market because as time goes on and the price keep increasing we might not be able to see this price again.

For those people that say that they want to wait till the price of bitcoin dips and they haven't reached their bitcoin target or closer to their bitcoin target, or just getting started, they will end up missing out in the bull run because bitcoin price might not dip down to their expected amount since they don't want to buy now but prefer to sit down and watch the market while their investment remains stagnant.

For those that are no coiners and are about to invest, it is better that you buy now and set up a proper plan that you will use to accumulate bitcoin frequently, either by weekly or monthly, so that you can increase your bitcoin portfolio gradually with time than waiting till bitcoin price suits your entry price. We shouldn't forget that the profit that you will get from your bitcoin investment depends on the size of your bitcoin portfolio with the timeline. It is better to be a low coiner than a no coiner. So buy now and DCA regularly.

As the Bitcoin price the rise so, na team hodl I d so, not changing to any other strategy apart from that. I will keep hodl and accumulating more bitcoin until Bitcoin reach the desirable price wey I want it to reach before selling. I am looking forward to that around 2024/2025 when the bull run is fully effective in the crypto market.

The maximum price wey I d speculate for this year na $40k - $45k since em remain a month for this year to be over.

Buy now if they can, but if them no fit buy now due to how the economy d, no shaking. There's always an open opportunity for peso to buy bitcoin at any time wey em feel like as long as em go fit hodl Bitcoin without losing em seed phrase to strangers.

Whether peso buy bitcoin at a high price or not, depending when em buy am, one thing wey d sure be sae, ones d peso can learn to hodl, there is always possibility em go d at profits in the long run as far sae em go d patient enough

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If selling at the end of this year, I will not advise anyone to buy bitcoin at $37000. But if you can wait for a year or two, you can buy and hold. It would be good if you NCA.

If you have the financial resource and you see price of goods increasing in the market, would you wait till the peak of the increase in price before buying the goods or you will rather buy it now and keep it so when the price finally hits very high, you can be very relaxed because you know that you've made the right decision of buying early?

When it comes to the decision on when best to buy bitcoin, it isn't a rocket science but just like the analogy I just gave now and in the first place, you shouldn't wait until you see the price I bitcoin increasing to a certain amount before thinking of acquiring it, it doesn't make you a good investor that knows how to cease opportunity. The real deal is to buy bitcoin when it price is very low and patiently wait till it price shoots up, it's as simple as this but if you are not ready for it, no matter the amount I threads created regarding this or the amount of replies you get on this question you just asked, you will still not buy it.