Topic: Bitcoin is headed for the stars, but... (Read 932 times)
But the price drop is inevitable, you should be prepared for it!
I used to put resources into bitcoin to make benefits not for purchasing foods.
I don't think individuals use bitcoin to purchase things they need, I just put resources into bitcoin to make a high benefit.
Whenever I need cash I sell my coins other otherwise they generally store in my wallets and I never contact them.
I don't think individuals use bitcoin to purchase things they need, I just put resources into bitcoin to make a high benefit.
Whenever I need cash I sell my coins other otherwise they generally store in my wallets and I never contact them.
Bitcoin is headed for the stars, but to make the most profit, the Big Bitcoin Investors are causing BTC to jump around a bit. Bitcoin hangs at $20,000... going up and down, say, $500. Then it does the same at $21,000, and $22,000, and $23,000. All the little people get scared, and sell off to the Biggies before the profit goes sky-high and beyond.
Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.
But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.
Bitcoin's volatility is a scary thing but what's more terrifying is the fact that the whales has the ability to influence its price largely and if they would turn out more and more selfish, those small people with a bit of holdings might end up suffering. If you're one of those little people, you should hope for the best that most of your decision will lead you to greater heights or even get you near from the whales. Bitcoin's value is currently growing up until now and it's no surprise if it wi reach much higher than what is expected in the future so hold on tight and you might end up being a billionaire easily. Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.
But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.
Bitcoin is headed for the stars, but to make the most profit, the Big Bitcoin Investors are causing BTC to jump around a bit. Bitcoin hangs at $20,000... going up and down, say, $500. Then it does the same at $21,000, and $22,000, and $23,000. All the little people get scared, and sell off to the Biggies before the profit goes sky-high and beyond.
Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.
But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.
Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.
But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.
Yes, many people are recalling the 2018-2019 bear market now. This was a major shock for those who were optimistic about Bitcoin's prospects. People are scared.
They don't believe in Bitcoin's growth and are waiting for a major correction.
In my opinion, in this situation you should not panic.
We are currently seeing organic growth in bitcoin. Fiat currencies are losing their value, which is why institutional investors turned their attention to Bitcoin.
The world needs such a deflationary financial asset.
Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.
But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.
But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.
Some btc hodler's within our country are already millionaires if they at least kept 1btc. The sentence that I have kept in my quoted message is what I'm always telling others on what they can do to their savings within the Cryptocurrency Industry. They are always panicking about something like price drop or losing value but they need to trust their own guts and decisions whether what is the best thing to do for their own satisfaction. Our personal necessities must always come first if we want to survive so this is a good advise.
Taking profit when we have got profit from our investment is a good thing to do, at least it will give more comfortable to start investing again. But, when we already know because we believe 70% in your strategy that to sell our investment now is too quick the price still have a high chance to increase more than now then to decide keep hold our investment is a good thing to do as well. So, this is depend on our strategy, you can sell or you can hold base on your strategy, don't make any decision depend on other people analyst. We have seen many situation when bitcoin price drop a lot then in a few time its price suddenly increase and pass its high price.
It's down more than a $thousand from its high. Maybe I should quick sell while I have the chance!!!
Bitcoin is headed for the stars, but to make the most profit, the Big Bitcoin Investors are causing BTC to jump around a bit. Bitcoin hangs at $20,000... going up and down, say, $500. Then it does the same at $21,000, and $22,000, and $23,000. All the little people get scared, and sell off to the Biggies before the profit goes sky-high and beyond.
Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.
But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.
Many people have different perspective via marketing and also business strategies, I understand that while some people sale off their bitcoin is not because of the profit involve alone or due to the increments in btc currently no, see some are afraid or scared of reduction of bitcoin, which as a business enterprenuer they not interest to involve in lost aspect of business. Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.
But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.
Bitcoin is headed for the stars, but to make the most profit, the Big Bitcoin Investors are causing BTC to jump around a bit. Bitcoin hangs at $20,000... going up and down, say, $500. Then it does the same at $21,000, and $22,000, and $23,000. All the little people get scared, and sell off to the Biggies before the profit goes sky-high and beyond.
Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.
But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.
Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.
But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.
The best strategy to secure your daily needs and also your future, sell some and save more, get yourself decent food for the day and then you'll be getting better food in the future, getting yourself some coffee at Starbucks won't be a problem.
Recently I saw someone telling everybody to hold until $100k and not sell at all right now. The problem regarding this statement is that if everybody starts holding until it reaches a certain but and the selling rate spikes then we could have a bigger problem at hand. So, it is better if people do sell some of the bitcoin but not in large quantities.
You actually need more or less $2 trillion for $100,000 each Bitcoin which beats even the largest companies in the world by a lot so $1,000,000 each Bitcoin or $10 trillion is a pipe dream for now because you'll need to make people around the world use Bitcoin as a currency it's as if they are using credit cards or fiat money. USD has $37 trillion worth of money around the world (I don't know if this is accurate but around that or way more) so Bitcoin with $10 trillion marketcap is still nothing compared to USD.
It is not easy as it seems. Increasing the market cap from $0 in 2009 to $500 billion in 2020 is easier than taking it further to $10 trillion. You need to remember that even now, Bitcoin represent around 0.15% of the total global wealth. And Bitcoin is hardly being used as a currency nowadays. So the comparison with USD is wrong. You can compare it with gold, as both of them are investment assets.
We cannot really claim that they are idiots since the value of bitcoin is still rising continuously. If they bought it having a high price like right now, they may not gain much but will still make profits from it, just not the same with those who bought it earlier or before the bull run. Who knows how high the value of bitcoin might be in the next few months or years, maybe those who bought it at 27k would still be happy as it reach 40k if ever in the future, so let us not be judgemental with their decision making, maybe they are just being wise.
its okay if small people got scared and sell because they are only small anyway and that wont make any big impact on the price of btc and you already state the reason why these small people sell , they need food to live and buy small things that make them happy and if they dont do it they will regret once btc dump .
So true lol, they don't have any impact in the market. What we fear is if these institutions are selling off. These will impact the market for correction and of course those who buy at 28k to 29k level will get trap and definitely loss significant amount.
^^^ Did it get to $29,300 today?
Yes, it reached another ATH, see coinmarketcap
^^^ Did it get to $29,300 today?
Bitcoin has already broken its ATH record and set new ATH for $28,288.84 on 27th December. Selling Bitcoin if not urgent need isn't good idea for now. Everybody is expecting to see its price over $30k. Bitcoin dominance (68%) is increasing and also marketcap hit $520B but today is a small correction in the market. It's temporary i think.
It will increase more than $28k in the future, and it will not stop at that price.But we need to wait for more, especially at this moment because we do not know when the price will increase higher again.
Yes, it is just temporary, and after this, the price will jump to a high price and will break $27k and back to $28k.
After the price can back to $28k, it will have more chances to hit the next ATH, and at that time we can make a big profit like before.
Bitcoin has already broken its ATH record and set new ATH for $28,288.84 on 27th December. Selling Bitcoin if not urgent need isn't good idea for now. Everybody is expecting to see its price over $30k. Bitcoin dominance (68%) is increasing and also marketcap hit $520B but today is a small correction in the market. It's temporary i think.
That is certainly why we are always saying that only invest the money that you can only afford to loose. If you know yourself that you are into a situation that you will end up starving once you have putted your money on hand upon investing into Bitcoin and it just turns out that the price declines after your engagement and resulted to loss and disappointment on your part, then probably it is your fault because you risk the money you only have for a living. Only invest your extras and those that you can afford to loose. It is not certainly a blame for those small time Bitcoin holders but this must serve as a note that only invest your extra money and not all that you have to avoid pulling out on an instant and missing the chance and opportunity to see Bitcoin's recovery that can benefit you more.
Ultimately it's the whales who will emerge as winners and moreover most of the users don't aim for long run as they need money to meet their daily needs, big investors uses this opportunity by causing minor fluctuations and buy back from panic sellers before Bitcoin goes to new ATH.
We cannot blame anyone in this situation as everyone wants their investment to be profitable which is not possible as somebody's loss is other person's gain here especially between average users, traders and whales.
We cannot blame anyone in this situation as everyone wants their investment to be profitable which is not possible as somebody's loss is other person's gain here especially between average users, traders and whales.
Yeah holding bitcoin will need a solid trust of bitcoin itself because if you have no full trust to bitcoin then time will come that you will be afraid that bitcoin price will go down pretty bad even if it is only decreasing a little and this will only create a confusion to you that will push you to sell your bitcoin holdings in a wrong timing.
If we are going to check the market, there is only one goal of bitcoin as of this moment which is heading to stars or others saying go to moon. If we are going to check the price in last bull season, the alt prices are still at 70% of their ATH and as what I have notice only bitcoin has been able to successfully break it's ATH again and again so there are still big chances that the bitcoin price will continue to increase as I can see that we are still very far from hitting the peak of the market.
If we are going to check the market, there is only one goal of bitcoin as of this moment which is heading to stars or others saying go to moon. If we are going to check the price in last bull season, the alt prices are still at 70% of their ATH and as what I have notice only bitcoin has been able to successfully break it's ATH again and again so there are still big chances that the bitcoin price will continue to increase as I can see that we are still very far from hitting the peak of the market.
Bitcoin is headed for the stars, but to make the most profit, the Big Bitcoin Investors are causing BTC to jump around a bit. Bitcoin hangs at $20,000... going up and down, say, $500. Then it does the same at $21,000, and $22,000, and $23,000. All the little people get scared, and sell off to the Biggies before the profit goes sky-high and beyond.
Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.
But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.
Sell your bitcoins if you need food. It doesn't make sense to starve to death hoping that you will live off BTC profits.
But if you can, hang onto the Bitcoins you have. Because you will be rich when BTC goes to a $million or higher.
I will not really starve myself to death for the sake of bitcoin profits.
If you have discipline and priorities in life then probably you will not end up losing most of your money in your personal needs.
Bitcoin is only an asset that will make you earn profits depending on the market so don't think that it will really help you when you have nothing to spend as soon as possible.
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