Bitcoin is bullish longterm | Bitcointalksearch.org

Reatim

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Quote from: Tahsin Kabir Kollol on July 05, 2020, 11:54:09 AM

It is expected that in the future the price of Bitcoin may surpass the previous high and its long-term future must be bullish. Bitcoin has risen in value and reached its current value through repeated fluctuations since its inception. Bitcoin has been fluctuating between 9000 USD to 10000 USD for some time and its price is waiting for certain support resistance to break up or down. If its price breaks the support resistance and rises to the top, it is expected that this will be a big increase and it will increase the price of Bitcoin a lot.

Bitcoin has always been proven to be dominating for long term,it may experience fall by now but in the next months it will move
over than the value today.of course it is hard if you have no capacity to keep the waiting and expecting profit in daily
basis because this will Kill you and your family for bad,That is why there are only few
who survives the movement of market.

But we must be Lucky because for months now $9,000 level stays strong and better and did not bring a burden.
I hope that this will end as the 4th quarter is near to come and that same moment how the last halving take effect
so i have a view that same as now it will come.

LUCKMCFLY

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Quote from: judaspriest on July 06, 2020, 10:43:59 AM

Long-term investments are good for Bitcoin, but at the moment we know that the price of Bitcoin is still difficult to predict, so the short term is the right choice for investor and trader

I think differently, for me in the short term investment is risky because volatility comes in, rather it would leave it to market speculation, for investment it is always better to leave it in the medium and long term, because Bitcoin is a safe investment, that advantage is unique compared to any other cryptocurrency.

If you make an investment in Bitcoin you can wait as long as it takes until the price rises, no matter its movements, it can go down, it may even be at limits where panic makes its own, bitcoin will emerge, and some are beginning to consider it as haven of value.

KTChampions

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Quote from: judaspriest on July 06, 2020, 10:43:59 AM

Long-term investments are good for Bitcoin, but at the moment we know that the price of Bitcoin is still difficult to predict, so the short term is the right choice for investor and trader

As far as I know, the only area where investors win is the long-term. No one can guess the behavior of the market in the short-term either by traders or investors (more precisely, you can guess, but this is only luck as tossing a coin). It is not clear why you advise a short-term, but since you do this, what is your forecast?

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Quote from: judaspriest on July 06, 2020, 10:43:59 AM

Long-term investments are good for Bitcoin, but at the moment we know that the price of Bitcoin is still difficult to predict, so the short term is the right choice for investor and trader

Some of us believe in Bitcoin in long-term, and not just in Bitcoin, some of us believe that crypto-currencies are the future
of this world. You can try to be investor, or trader, you can be both if you want that, but that means you believe in crypto-currencies
too, like many of us do.
I am bullish long-term on many crypto-currencies. It's why I accumulate and trying to be patient with all my coins and tokens.

judaspriest

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C O M B O

Long-term investments are good for Bitcoin, but at the moment we know that the price of Bitcoin is still difficult to predict, so the short term is the right choice for investor and trader

CryptoYar

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Quote from: Untomabur on July 05, 2020, 03:36:09 PM

for longterm I still believe that Bitcoin will be at $ 30000, but for my short term target it is still $ 15,000,
I have collected btc since it was at $ 7,000

Yes, bitcoin will become more valuable soon, as you said, you bought bitcoin at the price of $7000.
So when Bitcoin touched $10000, you were in $3000 profit, But if you hold a little more, then your investment may be doubled.

Story:

Quote from: https://www.google.com/amp/s/amp.digitalsurge.com.au/amp/5-inspirational-bitcoin-success-stories

Erik Finman - Teenage Bitcoin Millionaire
In 2011, Erik Finman was just 12 years old when he received a generous gift of $1,000 from his grandmother. Most other kids his age would use the money to buy a new smartphone or the latest video game console, but Erik decided to invest everything in Bitcoin.
That decision had paid off big time because Bitcoin was valued at $1,200 a piece just two years later, which is when he decided to sell his Bitcoins and use the money his investment had earned him to launch an online education company called Botangle, a web venture providing video tutoring services.

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Quote from: Lorokan on May 06, 2020, 10:15:04 AM

I have a feeling that people buying bitcoin just because of the halving are going to be a little disappointed.

What disappoints you?because people are buying just because of halving?are you serious on that accusation?don't be stupid everyday
because people are buying as to have a Holding and no matter what halving brings still
people are buying if they have chances.

Quote

The market has a way of doing the entire opposite of what majority expects and this is because we refuse to answer of what happens when everyone buys the bottom.

sorry but it seems your views in crypto is far different from us,this market is healthy so everything that happens are normal and proof that this is a long time market.

Quote

I don't know why alot of people seem to worry so much about bitcoin investment, either the halving happens today or tomorrow, bitcoin is bullish on the longterm.

Do your own research and expect tge market to change its game.

why not tell that to youself?
do your research before crying here just because of your wrong interpretation of market.

STT

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People paying bills rather then being part of an increasingly productive economy is what leads into deflation basically, a contraction of the FIAT monetary base. That would naturally lead to BTC price adjusting downwards as FIAT money becomes more solid, lower velocity and less determined towards inflation as we are used to.
However the thing to note is the modern age of fiscal and monetary policy, we have a deliberate bias towards inflation as it has been associated with growth in the brains of those who control the purse strings to the economy's unit of exchange which is dollars mostly or the national currencies of each country. With such a large amount of new money circulating it means we do not have a contraction and those in politics believe this to be the correct action to avoid recession or depression type dynamics. It also means the fall of BTC price longer term is not that likely while it remains a useful product, so it is valid to hold and use.
I dont ever suggest holding BTC if you never use it, its too dangerous that BTC can be replaced by another standard. Its a bit of a gamble to just assume others will use crypto, it has no guarantee imo.

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Quote from: Jating on July 04, 2020, 07:35:39 PM

Quote from: Oasisman on July 04, 2020, 06:55:11 PM

Quote from: ScamViruS on July 04, 2020, 04:02:55 PM

Quote from: Smitty Werben Man Jensen on June 06, 2020, 02:11:50 PM

~snip~

Solid long term perspective!
I have a feeling, once Bitcoin breaks another ATH, it maybe higher for not less than 10% from the previous one, because the predictions in the post-halving are very bullish.
I'm also thinking, there must be a significant reason that deprives Bitcoin from breaking and surpassing the $10,000 level, but the good thing is, It didn't fall below the resistance level as well. Instead It's stabilizing in a certain region of $9,000 level which still considered as a high price since March.

Perhaps we can say that one reason why we can't break that 5 digits again post halving is that we are still in the pandemic. Or majority of investors are still holding up their precious money and not willing to put it out because of a lot of uncertaintly.

I also have the same conclusion. Despite the fact that months after the halving there will be an adjustment period for the miners to upgrade their hardwares and figure out how to maximize the speed of solving blocks since the rewards was cut by half. Thus Bitcoin network get busier and might affect the price, because some other investors might use other network to transact swiftly.
While on the other hand, the pandemic is one of the few reasons for this, since people would rather choose basic necessities over any forms of financial investment. Plus, a lot of companies has been shut down and a lot of employees lost their job.

darewaller

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Quote from: shoreno on June 05, 2020, 12:13:07 AM

bitcoin looks more promising on a short term because the price can easily dragged down the moment price touches at certain point like for example when it reaches 10k usd for example but you and other people think that btc price can improve more in the long run which was also right i guess if we compare past value from now . btc is an evolution of a currency because currency started physical before but now we have btc which was digital. nothing wrong in saving btc because it was like saving money but other think its bad and they didnt encourage it

There is a reason why people don't suggest blocking/saving money and that is money at work is the smart money while money sitting idle will become the victim of inflation but if you are able to make the profit that is higher than that of the inflation rate then there is a good chance that you can make better profits.

Personally I am not a fan of saving bitcoins rather just trade them and increase them because holding bitcoins does not require any energy or manual task so why not use time and make better profits and yeah let the price rise but if even it does not, you at least earned some by trading around back and forth.

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Quote from: XCANA on July 05, 2020, 03:11:49 PM

As always, bitcoin has proven to be bullish on a long-term basis but many investors and traders are not be real to this, rather always consider bitcoin as a quick money making machine. Those who look at bitcoin as a means of making profit where quite disappointed sometimes from 2018 when bitcoin went down in price till 2019. Let not forget that, bitcoin is a speculative asset and bullish trend can only come by news or through speculations.

You can't expect that all traders and investors are oriented lonf term. Some want to make profit rather quickly and reinvest money further for even bigger profit without waiting months or years for their investment to pay of and you can't blame them for that.
But Bitcoin gives opportunities for everyone, both short term and long term, they just need to modify their approach and activities in the market. That is the beauty of investing in Bitcoin.

Untomabur

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for longterm I still believe that Bitcoin will be at $ 30000, but for my short term target it is still $ 15,000,
I have collected btc since it was at $ 7,000

XCANA

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As always, bitcoin has proven to be bullish on a long-term basis but many investors and traders are not be real to this, rather always consider bitcoin as a quick money making machine. Those who look at bitcoin as a means of making profit where quite disappointed sometimes from 2018 when bitcoin went down in price till 2019. Let not forget that, bitcoin is a speculative asset and bullish trend can only come by news or through speculations.

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Quote from: ScamViruS on July 04, 2020, 04:02:55 PM

Quote from: Smitty Werben Man Jensen on June 06, 2020, 02:11:50 PM

I'm 100% sure that long-term bitcoin is very bullish, hopefully the trend line resistance at $ 11000 has passed and the candle stops above $ 11000, then Bitcoin will be able to reach $ 19,000 again, I know people want to want something like that, but for this year Bitcoin must work hard for breakout Roll Eyes

Bitcoin is always bullish for long-term holders. While we haven’t seen much change this year, we can expect to see something better next year. As I am a long-term holder, my first target will be to break the previous ath. There are many who become impatient after holding on for a while. As a result, they can't stay in the market for long. We might see a huge breakout if bitcoin can break the previous ath. Bitcoin still under $10000.

Not only Bitcoin but also every currency is profitable to trade in the long term. Bitcoin is seen as a 10000 price level strong resistance. Breaking this level from 10400 to 10500 will increase the chances of hitting an all-time high. As far as I know, those who trade in large timeframes are less likely to lose. I agree with you.

bitgolden

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Bitcoin is bullish in the long term for the past 10 years, it has always been bullish, it was never bearish long term. Obviously it all depends on the period you are talking about, if you are talking about one year, maybe it will be lower one year from now, or maybe it will still be higher, but if you are talking about retirement fund, it is definitely bullish at any given day.

However, if we are going to talk mid-term like this is intended (mid term is more like 3-6 months) I can say that it does look bullish right now and before 2020 ends we are probably going to break over $10k once again and reach to a new high for the year. Of course it is not guaranteed but remember bitcoin was over $13k in 2019, so it is not really too far away from what it could be and it has the power to do that once again.

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Quote from: Tahsin Kabir Kollol on July 05, 2020, 11:54:09 AM

It is expected that in the future the price of Bitcoin may surpass the previous high and its long-term future must be bullish.

Most are expecting that to happened, history keeps repeating and it's best to make sure that you are
holding decent amount of bitcoin, once the market become bullish your expected profits is much higher.

Quote from: Tahsin Kabir Kollol on July 05, 2020, 11:54:09 AM

Bitcoin has risen in value and reached its current value through repeated fluctuations since its inception. Bitcoin has been fluctuating between 9000 USD to 10000 USD for some time and its price is waiting for certain support resistance to break up or down.

Day traders are still enjoying the behavior of the market, it's a good call to position yourself and generate
profits in a short period of time,.

Quote from: Tahsin Kabir Kollol on July 05, 2020, 11:54:09 AM

If its price breaks the support resistance and rises to the top, it is expected that this will be a big increase and it will increase the price of Bitcoin a lot.

Still an speculation but once it's breakouts investment will flow as newcomers will comes up and invest.

Ridwan Fauzi

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Quote from: Tahsin Kabir Kollol on July 05, 2020, 11:54:09 AM

It is expected that in the future the price of Bitcoin may surpass the previous high and its long-term future must be bullish. Bitcoin has risen in value and reached its current value through repeated fluctuations since its inception. Bitcoin has been fluctuating between 9000 USD to 10000 USD for some time and its price is waiting for certain support resistance to break up or down. If its price breaks the support resistance and rises to the top, it is expected that this will be a big increase and it will increase the price of Bitcoin a lot.

Looking the chart in time frame 1D bitcoin price has been consilidating for two months, it is very long time. Which is $8700 is the strong support and as we can see when the pricr bitcoin touch $8700 we will see a pull back and $9800 is the strong resistence. I ever read that the longer time bitcoin price consilidating the we can expect that the new all time will be reached shortly but it is otherwise we can expect the dump will be reached shortly. But I don't know I just tend that bitcoin price will dump first before we touch new all time high.

Tahsin Kabir Kollol

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It is expected that in the future the price of Bitcoin may surpass the previous high and its long-term future must be bullish. Bitcoin has risen in value and reached its current value through repeated fluctuations since its inception. Bitcoin has been fluctuating between 9000 USD to 10000 USD for some time and its price is waiting for certain support resistance to break up or down. If its price breaks the support resistance and rises to the top, it is expected that this will be a big increase and it will increase the price of Bitcoin a lot.

TheGreatPython

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Quote from: Smitty Werben Man Jensen on June 06, 2020, 02:11:50 PM

I'm 100% sure that long-term bitcoin is very bullish, hopefully the trend line resistance at $ 11000 has passed and the candle stops above $ 11000, then Bitcoin will be able to reach $ 19,000 again, I know people want to want something like that, but for this year Bitcoin must work hard for breakout Roll Eyes

I love bitcoins just like you but from my observation there is not a healthy chance of hitting 19k anytime soon because there is no particular reason I mean, halving has already passed and it did not affect the price too much. The reason why BTC is moving so slowly now a days is because it is more solid now and a few whales cannot manipulate the market like they earlier used to do it and while this means 19k might not be possible soon but also means that there is a almost zero chance of bitcoins being down to 6-7k either.

People who invest in bitcoins for long term don't have to think and understand all this because the price will be huge after a few years I think so yeah investing in bitcoins in long term is always going to be bearish but keep an eye on market and just sell some once the price goes big, with assets you need to be careful I mean, you can't be just locking them and forget it.

Jating

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Quote from: Oasisman on July 04, 2020, 06:55:11 PM

Quote from: ScamViruS on July 04, 2020, 04:02:55 PM

Quote from: Smitty Werben Man Jensen on June 06, 2020, 02:11:50 PM

I'm 100% sure that long-term bitcoin is very bullish, hopefully the trend line resistance at $ 11000 has passed and the candle stops above $ 11000, then Bitcoin will be able to reach $ 19,000 again, I know people want to want something like that, but for this year Bitcoin must work hard for breakout Roll Eyes

Bitcoin is always bullish for long-term holders. While we haven’t seen much change this year, we can expect to see something better next year. As I am a long-term holder, my first target will be to break the previous ath. There are many who become impatient after holding on for a while. As a result, they can't stay in the market for long. We might see a huge breakout if bitcoin can break the previous ath. Bitcoin still under $10000.

Solid long term perspective!
I have a feeling, once Bitcoin breaks another ATH, it maybe higher for not less than 10% from the previous one, because the predictions in the post-halving are very bullish.
I'm also thinking, there must be a significant reason that deprives Bitcoin from breaking and surpassing the $10,000 level, but the good thing is, It didn't fall below the resistance level as well. Instead It's stabilizing in a certain region of $9,000 level which still considered as a high price since March.

Perhaps we can say that one reason why we can't break that 5 digits again post halving is that we are still in the pandemic. Or majority of investors are still holding up their precious money and not willing to put it out because of a lot of uncertaintly.

Nevertheless, if you are a long term holder, new ATH is possible, there's a lot of leg room for that. And we all know that one's FOMO is in, it's really hard to stop just like what we have seen during the last bull run. Stabilising at $9k is a healthy sign as well, its like x3 already since the decline last March.

Topic: Bitcoin is bullish longterm (Read 1160 times)