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btc_angela

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Quote from: dezoel on July 17, 2023, 10:09:31 PM

It will even take time for the price to reach $40k in my opinion, and there isn't a lot of time until we reach the next month, so we shouldn't really be expecting such high gains every month since we are not in the bull run as of now. And Bitcoin might or might not hit $100k this bull season, everything depends on the demand and how much money investors pour in during or before the bull run to fuel the price up, but it is a very high target.

Right now the price plunge below $30k, I do think that $30k is a big support, but I guess as round numbers, it's going to be very hard to maintain it because there are speculators around who might be the one selling at that price.

Quote from: dezoel on July 17, 2023, 10:09:31 PM

A reasonable target for the bull run this time would be maybe around $80k or something because the previous all-time high was $69k and the price will surely first need to reach there and then it will go above it, so for the price to reach $69k first it would take a lot of demand and investments.

For me conservative estimates could be around $100k. But I have nothing against your prediction, because we really don't know what the price could be in the future. All our targets though could be higher than the previous all time high, so it means that the next bull run will be bigger, in my opinion.

Zanab247

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We've got this idea and hoping that Bitcoin will soar high again. Most of us are looking forwards to seeing the price of Bitcoin reach $100k, in fact, many speculations that it was possible and so some people had choose to hold waiting for the moment.

So if the price of BTC reach $60k in 30 years, you will not sell your BTC? Don't you know that many people will sell and save the money and wait for the price to decrease before they can buy again to wait for another bull, and before that 30 years the price of BTC will reach $100k he or she has made a huge amount of money. What about some bad happen that may lead to death, but we don't pray for such thing to happen but is a something that can come at anytime as long we are human, and you know that many BTC holders don't use to share their wallets detail to their children, wife or husband based on past experiences, so if you hold like 25 years hoping that the price will reach $100k and the price manage to hit $65k and you continue holding and something happen, what do you think will happen to your money.

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Quote from: Mpamaegbu on July 18, 2023, 08:08:18 AM

Quote from: Zanab247 on July 16, 2023, 02:13:50 PM

If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

I believe that the next ATH will even surpass $100k, let alone $40k. I won't advise anyone to sell off their Bitcoin before halving except it's for settling an emergency issue. My projection is that Bitcoin won't do anything below $120k then.

We just need to be patient and wait until next year to reach $100k ATH.
But for those who don't believe in it and are afraid that the price will continue to fall, then no one will force them to hold.

The 4th Halving will be a highly anticipated moment, Look at how successful the previous Halving was, and hopefully success will also be experienced in the 4th Halving.
We will soon arrive and have to be prepared with some Bitcoin assets on hold and maybe some of the top altcoins can have a positive impact and provide more profit.

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Quote from: Zanab247 on July 16, 2023, 02:13:50 PM

I bought BTC early last year when the price was $20k, and the price has taken a good step early this year to hit $30k which is very close to my expectations before I will start selling my BTC to have another opportunity to buy and hold for another bull to come.

So, you're speculating that price will dump below $20k from its current level now? I doubt if that will happen because the fundamentals seem to be favouring Bitcoin at this time. We're almost getting to the end of the year and next year is halving, we know how prices spikes because of that. Anything that will cause Bitcoin to dip won't drag it to that point of $20k. I'm certain of that and will be shocked if that happens.

Quote

If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

I believe that the next ATH will even surpass $100k, let alone $40k. I won't advise anyone to sell off their Bitcoin before halving except it's for settling an emergency issue. My projection is that Bitcoin won't do anything below $120k then.

michellee

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No matter how hard it is, we have to be able to hold the Bitcoin until the bull season comes so we can sell Bitcoin at the next highest price. And we can also increase the amount of Bitcoin we have today by buying it regularly before the price increases. With frequent price fluctuations, we have more opportunities to buy Bitcoin at low prices.

If the Bitcoin price has reached $40k, I don't want to sell the Bitcoin yet because I'm still waiting for the price to go above $60k. And if the price does touch $100k, that would be a good time to sell Bitcoin, even though it may still go over $100k. And right now, I don't care about the price going up and down and constantly changing because I use a schedule to buy Bitcoin.

The important thing is that we can take every moment in the market to our advantage to take advantage of it when the bull season comes. Everyone who already has Bitcoin wants to sell it at the highest price; we have to be patient and hold on to it until the highest price comes.

justdimin

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Quote from: robelneo on July 17, 2023, 07:34:16 AM

Quote from: Zanab247 on July 16, 2023, 02:13:50 PM

I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

The one thing that will break our momentum to hold until it reaches $100k is the market volatility and FUD, we never want to miss our accumulated profit, it's ok to HODL but if you keep missing your accumulated profit and you dedicated your coins to holding until reaches a specific price is not good and you are losing a lot, we have to realize our profit from time to time, this is the reason why we need to follow the chart and the market.
The theory of buy low and sell high always applies here in Cryptocurrency, it's not your dedication to making a profit in the future but to gaining a little profit when you can as the market moves from bear to bull.

I honestly feel like I do not care about the market when I am holding, like it doesn't matter at all what the current price is. Maybe that's just me but that doesn't mean that we are going to be doing fine. I know that it is going to be a big deal if people ended up doing something else, but that's just how it is and that's how it all works.

We are going to end up with a trouble one way or another but that doesn't mean that we can't do anything bigger. I feel like whatever the current price is, at any given moment, in the future it will be higher and that's the type of mindset that allows me to hold with ease. I have held during 2018 and I have held during 2022 as well, which proves that holding is easy for me.

Minor Miner

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Quote from: $crypto$ on July 17, 2023, 11:42:48 PM

Quote from: taufik123 on July 17, 2023, 04:53:16 AM

Quote from: $crypto$ on July 17, 2023, 01:13:15 AM

I won't sell at 40k or 60k, it's still a long way off where 100k is already a lot to look forward to in the upcoming bull.
-snip-

$100k was the ATH target that I wanted to achieve as well.
I started to buy in gradually and collect the fees from the signature campaign for the long term until the $100k target was reached.

I believe $100k is the ideal target for the next ATH.
Seeing how the Bitcoin trend is recovering and plus next year is the 4th Bitcoin Halving.

Holding Bitcoin for the long term has nothing to lose as long as you buy with money that is not used for other purposes.

Our goal is the same that 100k is the most realistic price to touch in the coming halving, and well that is my target.
Good management of the signature campaign fees saved some for HOLD, some I used for casino but never reached 20%.

I see every 4-year cycle bitcoin always breaks records, but I never see where that cycle bitcoin even goes down, so that is the belief after the halving occurs there will be a bigger trend to explode the price of bitcoin to the highest.

Historically, we will have a new ATH after the halving, but have you both thought about the case where bitcoin does not go up, and there is no bull market after the halving? It happened in the past, but there is no guarantee that things will always repeat as we think. If we had no bull season, no ATH, what would you both do with your bitcoins? I am not pessimistic and do not spread FUds, but there will always be bad situations that we need to consider. As for me, I still have a lot of hope in ATH, but I won't put all my faith in it.

mich

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Well yes it is important to be patient. It is like this for all investing, and Bitcoin investing is not any different. We can not listen to the fomo and fud and if we do we take the risk of missing out on large profits. It is better to just hodl and wait for the next 'bull run'.
But we do not know when this will be. I wish I could say we are in the beginning of a 'bull run' because I predicted by now that we would see it. But to be honest I think this is not even the start of our next run.
There is lots of sideways movement which does not define a 'bull market'. Up to 31,000 then again back down to 29,500 we have been seeing. When our next 'bull run' is set to start we can only hope its soon.

kotajikikox

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Quote from: Zanab247 on July 16, 2023, 02:13:50 PM

Patient is one of the key every BTC holders must embrace when waiting for bull market to come, because is a type of season every long and short BTC holders want to see before the end of the year before they can visit the market to sell.

that is what true Holders and investors do , Bitcoin should be holding for at least couple of years not unless you are using this as mode of payments and transacting.

Quote

I bought BTC early last year when the price was $20k, and the price has taken a good step early this year to hit $30k which is very close to my expectations before I will start selling my BTC to have another opportunity to buy and hold for another bull to come.

that is good about bitcoin if we are a believer then in time sometimes not even taking a year before we taste the fruit of our investments.

Quote

If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

if you can your self as Holder then you must endure the situation and all the situation to come before these day come.

$crypto$

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Quote from: taufik123 on July 17, 2023, 04:53:16 AM

Quote from: $crypto$ on July 17, 2023, 01:13:15 AM

I won't sell at 40k or 60k, it's still a long way off where 100k is already a lot to look forward to in the upcoming bull.
-snip-

$100k was the ATH target that I wanted to achieve as well.
I started to buy in gradually and collect the fees from the signature campaign for the long term until the $100k target was reached.

I believe $100k is the ideal target for the next ATH.
Seeing how the Bitcoin trend is recovering and plus next year is the 4th Bitcoin Halving.

Holding Bitcoin for the long term has nothing to lose as long as you buy with money that is not used for other purposes.

Our goal is the same that 100k is the most realistic price to touch in the coming halving, and well that is my target.
Good management of the signature campaign fees saved some for HOLD, some I used for casino but never reached 20%.

I see every 4-year cycle bitcoin always breaks records, but I never see where that cycle bitcoin even goes down, so that is the belief after the halving occurs there will be a bigger trend to explode the price of bitcoin to the highest.

lienfaye

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Quote from: Zanab247 on July 16, 2023, 02:13:50 PM

If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon.

Indeed. Only hodlers who can stand holding their Bitcoin for long and won't be discourage even the market turn bearish are the ones who can gain huge in time. However, if you're a weak investors that are easily affected by the correction, it's expected to sell at loss due to panic.

Quote from: Zanab247 on July 16, 2023, 02:13:50 PM

If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

Many investors have their own set target price to sell and it's not surprising if majority prefer to sell at much higher price. At $40k, I might take profit to enjoy my gains but won't sell it all. I'm optimistic for the future of Bitcoin so it would be wise to keep holding.

dezoel

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It will even take time for the price to reach $40k in my opinion, and there isn't a lot of time until we reach the next month, so we shouldn't really be expecting such high gains every month since we are not in the bull run as of now. And Bitcoin might or might not hit $100k this bull season, everything depends on the demand and how much money investors pour in during or before the bull run to fuel the price up, but it is a very high target.

A reasonable target for the bull run this time would be maybe around $80k or something because the previous all-time high was $69k and the price will surely first need to reach there and then it will go above it, so for the price to reach $69k first it would take a lot of demand and investments.

GeorgeJohn

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Quote from: Wexnident on July 17, 2023, 05:18:22 PM

Quote from: Zanab247 on July 16, 2023, 02:13:50 PM

Patient is one of the key every BTC holders must embrace when waiting for bull market to come, because is a type of season every long and short BTC holders want to see before the end of the year before they can visit the market to sell. I bought BTC early last year when the price was $20k, and the price has taken a good step early this year to hit $30k which is very close to my expectations before I will start selling my BTC to have another opportunity to buy and hold for another bull to come. If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

... Why bother selling? Just keep hodling imo. I don't think we'd see the market go below $25k anymore, at least for the next half a year anyway. And since halving is next year, we'd probably see a pretty steady movement of the market till the following year, where according to past halvings, the point in time where price suddenly booms up. I certainly wouldn't sell at $40k, I'd probably wait till next year at the very least before judging whether to sell or not. A glad development if it goes up though, probably means there's higher chances of going higher than the last ATH.

Any one who have investment plan will not be curious to sell out it's when is not due, because they have a target, because what I understand from my perspective is that those who sell their coin at a point where by they heard information that Bitcoin is experiencing a bearish, they are not investors and if they should be investor, they are short term investors from my perspective, a short term investors are the ones who always be curious to sell when they obtain a negative information of crypto market.

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Quote from: Zanab247 on July 16, 2023, 02:13:50 PM

Patient is one of the key every BTC holders must embrace when waiting for bull market to come, because is a type of season every long and short BTC holders want to see before the end of the year before they can visit the market to sell. I bought BTC early last year when the price was $20k, and the price has taken a good step early this year to hit $30k which is very close to my expectations before I will start selling my BTC to have another opportunity to buy and hold for another bull to come. If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

We do have our own takings and perceptions towards our investment and if we do believe that Bitcoin could give us out that huge profits then its up to your choice whether you would be holding for long or would really be
making out some engagement some altcoins or whatever you would really be taking into because not all would really be that sticking into one spot but would rather they would really be preferring on things on which they could really be able to take advantage when the bull run time comes. We do know that we cant really tell on what the future looks like. We do know that everything would really be random and there's no assurance for it to happen and when it comes on taking risks then it would really be just depending on you because not all would really be that having that risk taker kind of mindset on which they do really wants to play safe
and not taking so much risks and this is why when it comes to results then it would really be lesser compared to those who had risks a lot.

STT

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Easy fix to this problem is dont lower your chart to anything below a monthly bar. Even the weekly bars are quite speculative if you consider every week we end that closing price for the bar on a Sunday with only really Japan trading its main market hours for Bitcoin price and the rest of the world is sleeping on it. Probably is true an entire month has to occur before a price is run around and traded in multiple parts of the globe by all the varied participants in BTC.
A good price takes time and alot of patience is surprisingly a large part of BTC success, this is a new asset but old in its accumulation of momentum in gains being quite slow I think. We do have many people tracking the 200 week average, I dont discuss that time frame MA with any other sector really just here.

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Quote from: Kelvinid on July 17, 2023, 04:55:23 PM

We've got this idea and hoping that Bitcoin will soar high again. Most of us are looking forwards to seeing the price of Bitcoin reach $100k, in fact, many speculations that it was possible and so some people had choose to hold waiting for the moment. Well, maybe I was not that kind of holder nor I can't say that I was impatient but for me, I hold for some reason, not just to wait for that price to come. If ever the price will reach $75k, I will sell them right away because it was indeed a great opportunity for me, as we can't assure what will happen next. Buying at $30k and then selling at $75k, I doubled the price already which is enough for me.

Having patience is always good, but we should have some target as we don't know to what extent the market will be bullish. Bitcoin to reach $100k is really possible and this prediction is found since the days of previous halving. Lets see whether this could happen with the upcoming halving. For long term investor it is a must to have patience. To me the holding isn't that big to experience a massive change when the price reach $100k+ and for the same when I was in need I prefer selling it unlike the price.

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Quote from: Zanab247 on July 16, 2023, 02:13:50 PM

Patient is one of the key every BTC holders must embrace when waiting for bull market to come, because is a type of season every long and short BTC holders want to see before the end of the year before they can visit the market to sell. I bought BTC early last year when the price was $20k, and the price has taken a good step early this year to hit $30k which is very close to my expectations before I will start selling my BTC to have another opportunity to buy and hold for another bull to come. If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

... Why bother selling? Just keep hodling imo. I don't think we'd see the market go below $25k anymore, at least for the next half a year anyway. And since halving is next year, we'd probably see a pretty steady movement of the market till the following year, where according to past halvings, the point in time where price suddenly booms up. I certainly wouldn't sell at $40k, I'd probably wait till next year at the very least before judging whether to sell or not. A glad development if it goes up though, probably means there's higher chances of going higher than the last ATH.

Kelvinid

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We've got this idea and hoping that Bitcoin will soar high again. Most of us are looking forwards to seeing the price of Bitcoin reach $100k, in fact, many speculations that it was possible and so some people had choose to hold waiting for the moment. Well, maybe I was not that kind of holder nor I can't say that I was impatient but for me, I hold for some reason, not just to wait for that price to come. If ever the price will reach $75k, I will sell them right away because it was indeed a great opportunity for me, as we can't assure what will happen next. Buying at $30k and then selling at $75k, I doubled the price already which is enough for me.

GeorgeJohn

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Any cryptocurrency investor always have it way of making profit during long term investment or short term investment, i believe that short term investment is the kind of investment that we should said that the investors need patient during the investment, but for the aspect of someone who is into long term investment have already programmed it time when the investment will due for harvesting, many people who lose during investment it's because of inability to know when. Their investment is short term neither long term investment, when you know your investment duration and plans you will be not be desperate or inquisitive to sell when the market is on bearish.

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Quote from: Zanab247 on July 16, 2023, 02:13:50 PM

If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

This is very personal and depends on individual goal. Right now some people are selling already because they've reach their own target while people who are aiming higher and ready to endure are buying till this moment. The goal is to hold till it reaches and surpass previous ATH but this goal some is unrealistic for some holder due to some unforseen circumstances and force them to sell. In such situations, we can not say this people are not patience enough. The goal is to make profit no matter how little. When to sell depends on how satisfactory you are with the profit. It won't happen but don't be surprise when you wake up tomorrow and see bitcoin at 100k Grin

don't presume too long years before it can hit the most anticipated 100k.

Topic: Be patient and you will be there soon. - page 6. (Read 1067 times)