Congratulation for the profits. Starting a business from your profits is a great and common idea but not many would follow.
As for the price right now, it's at 28500+ which isn't really that bad. Right now I'm still not sure whether I should start getting into futures again since I'm still not that confident about how I create my trading plans. Honestly, my chart's are a bit messy staying safe on spot really saved my capital a lot, lol. Was even able to gain some profits which would have been losses had I gotten greedy and did futures. I'll just have to wait and see till mid year and just decide by then whether I want to go back trading on futures or if I should just stay on spot. Just can't find the best trading style for me yet since none of the things I watch online makes me feel confident enough.
Topic: Bitcoin price and my mindset - page 4. (Read 1032 times)
actually it is not our concern if the value of your wallet is how much because it is yours and also the business your planning is also yours .
but about the price of bitcoin now? it is considered to be stable and safe to invest in(hope that you will consider holding than selling)
but about the price of bitcoin now? it is considered to be stable and safe to invest in(hope that you will consider holding than selling)
great idea, opening a real business from bitcoin investment profits is the right decision, maybe you have to divide 50% to invest again and 50% for business. thus you have 2 sources of income, bitcoin investment for long-term income and business to meet your daily needs. Everyone should have the same mindset as you 
I think the thing that determines we can be profitable is patience, as long as we can be patient and not panic then we can get big profits, now is a good time to buy because the price is only about 40% of the ATH that happened in 2021.
Just to add here a bit, only do business if you are confident in it. You can't just get a source of income from any business, instead you can loose a lot of money if you are not dedicated and give time.
It's obviously not a good idea to start a business first without a proper business plan and evaluation of each and every situation and outcome that can be faced after starting the business, and it should only be executed if everything seems possible and is set to work just as planned, otherwise, it will only go in vein and the money will be lost.About Bitcoin trading, I partly feel the same way because I find it relieving and it probably will also allow you to have more free time if you are a full-time trader and are earning a living through it. But, I think it's only possible if you have a pretty big capital, to begin with.
Maybe I got a different opinion because for me, I just trade btc and reinvest the profits again at the lows and Im never upset with my strategy till now. More profitable than any business I could do
You are just basically trading and if you can make money from it then it's for you but remember that trading is not for everyone so it's better if they find their way of making money. But investment in Bitcoin is still the best imo though since you can't see such investment would grow too much when there's a bull market but it also takes some time before the bull run would happen the same as the bear market too.But I like the cycle of Bitcoin that's why they said it's very volatile because no one could actually guess the right price and at the same time the price is moving up and down. Be it a FOMO or FUD.
I have been thinking about the Bitcoin price alot recently. Just where we will be in the near future and the far out future. To decide if now I should sell some because I did read we will see price of Bitcoin fall down to 12k and lower.
It was 10 years ago on this date that price of Bitcoin was $100. Today price of 1 Bitcoin is $28,000 so that is 280 times more then it was 10 years ago. I think what does this mean price will be in 10 years from now 2033.
Just because you read it doesn't mean it's going to happen. Personally, I tend to ignore any so-called experts and predictions and proceed as I believe is best. Although the current financial state isn't the best, with banks failing and inflation and interest rates on the rise, Bitcoin is unlikely to crash that low. The market is volatile and unpredictable, but I find that claim quite excessive. We'll see how it progresses in the upcoming months, but I'm positive that Bitcoin won't go through such a severe crash. It was 10 years ago on this date that price of Bitcoin was $100. Today price of 1 Bitcoin is $28,000 so that is 280 times more then it was 10 years ago. I think what does this mean price will be in 10 years from now 2033.
The bitcoin price often makes us curious, sometimes the price we think will continue to rise but what happens is the price goes down, or vice versa when we have sold all the bitcoins because the price is hard to go up and keeps going down but the market goes up and makes us regret it, as investors of course we have to have deep experience to be able to profit on bitcoin, and I think the most important thing is to always be patient.
Only newbies will think that the price will continue to rise forever but experienced users already know that Bitcoin is volatile and there are two cycles here namely the bear and bull that needs to be followed. When Bitcoin is already experiencing a bull run, we must sell now if we want to earn a profit, if not we can continue holding. If Bitcoin is in a bear market, we can expect that the price will eventually rise but a bear market isn't also the best time to sell a coin. It's only good for accumulating. 
great idea, opening a real business from bitcoin investment profits is the right decision, maybe you have to divide 50% to invest again and 50% for business. thus you have 2 sources of income, bitcoin investment for long-term income and business to meet your daily needs. Everyone should have the same mindset as you
It seems to me that such an idea is very commonly used by many people now, and it is even not uncommon for someone who likes to open a real business by taking advantage of the profits he has earned through other things such as crypto. I still use 30% of my capital to invest in Bitcoin with a long term duration and I also get some of that capital through profits from the trades I made two years ago.
Besides that, I also put 40% of my capital into the business that I'm running now to be able to continue circulating my money to achieve more passive profits. Even though I still like to trade on several exchanges to continue to increase my income even though I only put 30% of my capital targeting short-term profits because I will also use these profits in the business that I run and also to invest in Bitcoin.
great idea, opening a real business from bitcoin investment profits is the right decision, maybe you have to divide 50% to invest again and 50% for business. thus you have 2 sources of income, bitcoin investment for long-term income and business to meet your daily needs. Everyone should have the same mindset as you
Just to add here a bit, only do business if you are confident in it. You can't just get a source of income from any business, instead you can loose a lot of money if you are not dedicated and give time. Maybe I got a different opinion because for me, I just trade btc and reinvest the profits again at the lows and Im never upset with my strategy till now. More profitable than any business I could do
great idea, opening a real business from bitcoin investment profits is the right decision, maybe you have to divide 50% to invest again and 50% for business. thus you have 2 sources of income, bitcoin investment for long-term income and business to meet your daily needs. Everyone should have the same mindset as you
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
The current bitcoin price looks good and promising so it's worth waiting for the next big surprise, the increase that occurred is almost 50% compared to 2022, of course we should be grateful and in my opinion hold it longer or until the end of the year then we have a chance to get bigger profits.
That is if people can still hold onto their bitcoins and not panic if a correction comes to the market. But that shouldn't happen especially if they manage to buy bitcoin for under $28k and they just have to hold it. If that's the case, they could leave the market for a while as it doesn't look like the price will ever drop below $25k again. However, they should remain wary of the fast dump that could occur so they need to raise the alarm to buy at a lower price.
The current bitcoin price looks good and promising so it's worth waiting for the next big surprise, the increase that occurred is almost 50% compared to 2022, of course we should be grateful and in my opinion hold it longer or until the end of the year then we have a chance to get bigger profits.
I have been thinking about the Bitcoin price alot recently. Just where we will be in the near future and the far out future. To decide if now I should sell some because I did read we will see price of Bitcoin fall down to 12k and lower.
It was 10 years ago on this date that price of Bitcoin was $100. Today price of 1 Bitcoin is $28,000 so that is 280 times more then it was 10 years ago. I think what does this mean price will be in 10 years from now 2033.
It was 10 years ago on this date that price of Bitcoin was $100. Today price of 1 Bitcoin is $28,000 so that is 280 times more then it was 10 years ago. I think what does this mean price will be in 10 years from now 2033.
We were all psyched when the price of Bitcoin was plummeting. Everyone faced a lot of losses then, but there was confidence in the mind that the Bitcoin market would rise again. And since then patiently invested trust and just waited for the Bitcoin market to grow. And finally, when the Bitcoin market was slowly moving upwards, we all had a smile of success in our minds. When the Bitcoin market starts to grow, there is a joy in the minds of all investors and a big change in mindset. And when the Bitcoin market starts to grow, the most exciting moment for investors is then.
The bitcoin price often makes us curious, sometimes the price we think will continue to rise but what happens is the price goes down, or vice versa when we have sold all the bitcoins because the price is hard to go up and keeps going down but the market goes up and makes us regret it, as investors of course we have to have deep experience to be able to profit on bitcoin, and I think the most important thing is to always be patient.
Snip
We can't just conclude that we are In bearish market or neither bullish fully because the way I'm seeing the market it seems that it have positivity, but should not let us to conclude that we are In bullish season because the increment of bitcoin can decrease anytime and any our, so that's while a good trader who knows how to analyse cryptocurrency market can't conclude once that bitcoin market is on bullrun when it has not gotten to the initial point or value it from decrease from.We are beginning to sense a little resistance that is stopping it from getting to 30k this could be a selling pressure holding it down, with what I saw last week was thinking maybe bitcoin would have touched 30k by yesterday or today. I think you made a point there, that means there is every possibility it will go a bit down before gaining it strength back to touch 30k maybe it might take from now till next week which is month of April.
Usually it's very hard to predict price action.
Usually this period and this month has shown proven to be bull for bitcoin price, I think most of us here already aware of the sudden increase of bitcoin price. To me I often check coinmarketcap to always be informed of the update, secondly I set my binance account to a notification were I often received updates on a regular basis.
We can't just conclude that we are In bearish market or neither bullish fully because the way I'm seeing the market it seems that it have positivity, but should not let us to conclude that we are In bullish season because the increment of bitcoin can decrease anytime and any our, so that's while a good trader who knows how to analyse cryptocurrency market can't conclude once that bitcoin market is on bullrun when it has not gotten to the initial point or value it from decrease from. 
I'm firmly holding onto my bitcoin investments. Even if the price of bitcoin exceeds $40k by the end of the year, I don't believe I will be selling anytime soon. Am only paying attention to the long-term objective of my bitcoin investment.
If I may say so, considering starting a business for your wife is a smart choice. At least you made profits because you sold your bitcoin when its value was $28,000 more than when it was $27k+.
Now bitcoin is fluctuating between the price of $27k+ you can reinvest if you want to and sell back when it crosses $28k(be doing dca)
If I may say so, considering starting a business for your wife is a smart choice. At least you made profits because you sold your bitcoin when its value was $28,000 more than when it was $27k+.
Now bitcoin is fluctuating between the price of $27k+ you can reinvest if you want to and sell back when it crosses $28k(be doing dca)
we can just seach CoinMarketCap and everything will be there(except for those shitcoins that does not worth checking)
is this the first time that you have come to check every thread here ? in which link after link had been given for their own checking?
and what is the mindset here? and since you are for Buying and selling (buy Low Sell High) then it is a normal strategy now and there is nothing new about that .
is this the first time that you have come to check every thread here ? in which link after link had been given for their own checking?
and what is the mindset here? and since you are for Buying and selling (buy Low Sell High) then it is a normal strategy now and there is nothing new about that .
if the purpose of this thread is information I would like to add a little, it is better to use english writing (not your country's language) because english is the most common language.
and lol , you are not allowed to use local language in english section like this . 
Compared to what happened with the year 2018, the current situation is in which the price of bitcoin is above average, as 2021 ATH less than 70K. We are now not far from half of that peak.
Perhaps the confusion in the monetary policies is what pushed the price to rise in this way, and therefore we will retest the resistance level at 30K several times before it is broken during the next month and a half, but as I mentioned, the situation is abnormal, which makes all scenarios open.
Perhaps the confusion in the monetary policies is what pushed the price to rise in this way, and therefore we will retest the resistance level at 30K several times before it is broken during the next month and a half, but as I mentioned, the situation is abnormal, which makes all scenarios open.
I agree with what you said that the current situation is not normal, because, the prediction of the majority of bitcoin's value flow in the future is still somewhat limited.
But anyway, I think that with each passing month that will come, bitcoin's value will break for sure, for example this month of March it is possible that it will break 30k or maybe the first weeks of April in my opinion It's just based on the indicators I'm looking at, although it's not always accurate.
Jump to: