Bitcoin price is rising faster and faster, It is time to Buy Bitcoin ! - page 4.

angrybirdy

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Quote from: LeezHamilton on February 27, 2024, 05:29:57 PM

Bitcoin price is rising faster and faster, It is time to Buy Bitcoin now before it is too late !

Is bitcoin price going to be above the $100 K end of the next 6 months ?

If it does, its mean it will cross $150K by 25 December 2024.

Just like what other people say, this post sounds like FOMO. We already know that the value of bitcoin is really increasing now but I think this is not the right time to buy and invest in it, we should always remember the buy low sell high technique to make money. That should be the cycle we follow and never fall to what others say because you might regret it later.

michellee

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Quote from: LeezHamilton on February 27, 2024, 05:29:57 PM

Bitcoin price is rising faster and faster, It is time to Buy Bitcoin now before it is too late !

Is bitcoin price going to be above the $100 K end of the next 6 months ?

If it does, its mean it will cross $150K by 25 December 2024.

@OP should have said that months ago instead of now. But that's okay because Bitcoin still has the potential to rise even higher. People can still buy Bitcoin at the current price and hold onto it.

We don't know whether $150k will be reached in the end of this year or next year. But what you need to pay attention to is how you have prepared so far. If you still feel like buying Bitcoin, do it before you regret it. Don't be triggered by news from outside that can make you panic.

If you still want to buy, wait for the correction to come so you can buy at a low price. And with the DCA method, you can buy Bitcoin regularly. That will help you to accumulate Bitcoins until the time comes to sell them and take the profits.

Poker Player

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Typical fish thought that will soon be plucked by the whales. The time to buy was $17K, not near highs.

Don't get me wrong. I think now is a good time to buy if it is with a long term perspective, but it is very typical in retail investors who have not bought until now, when it was really cheap and jump on the bandwagon when it is already too obvious the rise, to sell in panic shortly after the first decline.

Catenaccio

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Quote from: naira on February 29, 2024, 10:38:16 PM

With the recent increase in purchases, I stopped purchasing DCA which I had been doing for 2 years.

You can wait for correction to DCA Bitcoin again and the bull run will not end here but I agree if you don't DCA at this price after Bitcoin has 6 upward green months.

Quote

And in the future, just be a spectator to ensure that the increase can be utilized properly to place a selling position. Just be realistic because there are times when I have to sell it this year. Waiting for the right momentum according to the initial target, then here you will be careless if you just entered, even though speculation of 100K continues to fly here and there, but that doesn't mean there will be sales at the same time. Be smart in investing and take advantage of this year.

A bull run is good time to take profit but you must know that there is no perfect price to take profit. You can not know what is a perfect price so let's take profit gradually and make sure if Bitcoin falls to a bear market, you won't see your portfolio in negative.

Take profit, get initial capital and what ever happen in future, you will be still in profit.

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Quote from: South Park on February 29, 2024, 06:19:50 PM

Quote from: LeezHamilton on February 27, 2024, 05:29:57 PM

Bitcoin price is rising faster and faster, It is time to Buy Bitcoin now before it is too late !

Is bitcoin price going to be above the $100 K end of the next 6 months ?

If it does, its mean it will cross $150K by 25 December 2024.

People had years to buy bitcoin for a low price and if they refused to do it that is on them, buying now when you have not bought bitcoin before is a clear sign of FOMO, and the chances of losing your money become very high as you are not doing this because your strategy is telling you to do it but simply because your greed, however if an investor has been buying the dip or doing DCA then I could understand if they were willing to buy some bitcoin now.

If you have been in the market for a while and have never bought any bitcoin because you were waiting for a lower price to buy then you are Fomo in your greed. But if you're new to the market, there's nothing wrong with buying bitcoin now because if you're not buying now, then what is a good time to buy? Will Bitcoin increase or decrease in the coming days? No one knows, so if you still don't have any bitcoins in your wallet, you should consider buying now and using the DCA strategy to optimize profits and limit risks.

naira

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Quote from: LeezHamilton on February 27, 2024, 05:29:57 PM

Bitcoin price is rising faster and faster, It is time to Buy Bitcoin now before it is too late !

Is bitcoin price going to be above the $100 K end of the next 6 months ?

If it does, its mean it will cross $150K by 25 December 2024.

With the recent increase in purchases, I stopped purchasing DCA which I had been doing for 2 years. And in the future, just be a spectator to ensure that the increase can be utilized properly to place a selling position. Just be realistic because there are times when I have to sell it this year. Waiting for the right momentum according to the initial target, then here you will be careless if you just entered, even though speculation of 100K continues to fly here and there, but that doesn't mean there will be sales at the same time. Be smart in investing and take advantage of this year.

retreat

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Don't be FOMO, when the price of Bitcoin rises you choose to buy it, but yesterday when the price was 45k you chose to remain silent. You must understand that the Bitcoin market is quite unstable, and at any time a price correction can occur. Understand the risks, don't just buy without paying attention to these risks. If you invest today and only assume that you will become rich overnight, well, you are one of the people who will be disappointed in the end.

Dr.Osh

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after the halving, the price of bitcoin will probably be a higher price and may reach a new, much higher ATH. Buying it at this time will probably provide big profits but note that it is also risky.
However, people who held bitcoin for a long time are now making profits again. Many people recommend buying bitcoin over other investments, and it has been proven. However, it's not too late to have some of it now. The potential for Bitcoin prices to reach prices above $70k this year is very large.

GreatArkansas

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Quote from: someone703 on February 29, 2024, 03:40:00 PM

Instead of chasing quick wins, think of Bitcoin as a long-term play, like building a sandcastle. Invest what you're okay with losing, and hold on for the ride, even when it gets bumpy. Research, understand the risks, and don't let the price swings freak you out. Remember, even the coolest sandcastles need a good foundation, and that means knowledge and a solid plan. Buying high might feel scary, but as an investor, you're not buying a moment, you're buying into the future of the tech. Think of it like buying a rookie basketball player – you're not expecting them to win the championship right away, but you believe they'll grow and get better. So, focus on the long game, not the daily price drama.

You nailed it. We must not only be here for profits or money.
We must be careful and well-educated. We need to know first what is the thing we are investing in.

As what the famous line, "Don't invest in the thing that you don't know".
Which is true, why do we invest in the thing we don't know? It could just lead us to bankruptcy.

SeriouslyGiveaway

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Quote from: LeezHamilton on February 27, 2024, 05:29:57 PM

Bitcoin price is rising faster and faster, It is time to Buy Bitcoin now before it is too late !

Is bitcoin price going to be above the $100 K end of the next 6 months ?

If it does, its mean it will cross $150K by 25 December 2024.

I think this scenario is unlikely to happen this year. I am also very surprised by the rapid and strong price increase of Bitcoin at this time. It is only 5k USD away from the old peak when it recently reached 64k USD. However, you should remember that 69k USD is a peak that was formed in the previous cycle and it is very difficult for Bitcoin to surpass this year, it needs to accumulate more before continuing to break out.
Bitcoin has had a very long bull run since the beginning of 2023 until now without any significant correction, and it will not be sustainable if the price continues to rise to higher levels. I believe we will be able to buy Bitcoin at a better price than the current price if we are truly patient, and do not get caught up in the fomo of the crowd right now.

Rabata

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Those who are doing DCA they still try to hold Bitcoin. Because they are prepared to hold Bitcoin for long term. The price of Bitcoin is now $62000 and it is naturally assumed that Bitcoin will cross $100k and will continue to rise in the long term. However, since it has a limited supply and is in high demand worldwide, DCA holders will definitely want to increase their holdings there to strengthen their Bitcoin portfolio. For those who didn't buy Bitcoin in 2017 after learning about Bitcoin, this is a regrettable time and those who don't collect Bitcoin now after learning about it will also regret it in the future.

sulendra12

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Quote from: LeezHamilton on February 27, 2024, 05:29:57 PM

If it does, its mean it will cross $150K by 25 December 2024.

Just like someone said, it could be FOMO. Let's see what would happened when halving in upcoming month.
It's always the best idea to buy Bitcoin now, even though you buy it at highest price, as long as your intend to invest on Bitcoin is for long-term only then you can just let that Bitcoin sit down in your wallet in next few years and you are good to do. But if you are a day trader then the current volatile could be a game changer for some people, but it's quite risky.

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Quote from: LeezHamilton on February 27, 2024, 05:29:57 PM

Bitcoin price is rising faster and faster, It is time to Buy Bitcoin now before it is too late !

Is bitcoin price going to be above the $100 K end of the next 6 months ?

If it does, its mean it will cross $150K by 25 December 2024.

People had years to buy bitcoin for a low price and if they refused to do it that is on them, buying now when you have not bought bitcoin before is a clear sign of FOMO, and the chances of losing your money become very high as you are not doing this because your strategy is telling you to do it but simply because your greed, however if an investor has been buying the dip or doing DCA then I could understand if they were willing to buy some bitcoin now.

goldkingcoiner

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Quote from: LeezHamilton on February 27, 2024, 05:29:57 PM

Bitcoin price is rising faster and faster, It is time to Buy Bitcoin now before it is too late !

Is bitcoin price going to be above the $100 K end of the next 6 months ?

If it does, its mean it will cross $150K by 25 December 2024.

We need to concentrate less on "when the right time to buy is". It is impossible to tell what the best time to buy is and therefore should not even be considered. If you think Bitcoin is a good investment long term then invest in it and leave it alone. Next thing you post is probably going to be the topic of when is time to sell. A lot of people, me included, have lost a lot of Bitcoin with that kind of non-hodl mentality.

I really do not recommend it.

mirakal

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Quote from: kentrolla on February 28, 2024, 12:55:40 PM

Indeed, the price of Bitcoin is rallying and no one would have expected Bitcoin to eventually touch $64k this month itself and yeas there are possibilities it may touch $100k in next six month but only if this momentum continues else it would be a set back. I sense FOMO but yeah there might be really opportunity to earn more profits but should risk more than we can afford to lose.Even if you invest then set stop loss especially short term investors.

What we see is just normal for a volatile crypto like bitcoin. If it’s possible for bitcoin to drop its price consistently, then we should also anticipate on one hand that it’s price will get massive in time and we will witness its price surging most often. And it’s obviously happening now which I think just because bitcoin halving is fast approaching. But I must say, never expect too much that its price will rise consistently as price correction will definitely takes place any time from now. However, the price is still a good buy no matter how high it is. Don’t hesitate to invest and hold it like there’s no plan of selling.

Kelvinid

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Quote from: Luzin on February 29, 2024, 12:43:53 AM

Quote from: franky1 on February 28, 2024, 04:52:00 AM

so whenever you see anyone scream large extreme numbers that dont fit any previous pattern.. half their amount and thats what to actually expect the screamers to want to sell for

Maybe for the new investors this makes them interested. But I feel like I have a target, because I have experience. But I'm afraid the pattern will change. This means that BTC could reach ATH before the halving and that could fool us all because of different histories. There are high hopes that the ATH pattern achieved after the halving can shift because the market is always difficult to guess. Today's market is also very fast changing, the effect of Spot ETFs seems to have a big effect on price movements.

Apparently, there is a huge gap between 5 years, 10 years ago, and of the current situation which means that the market trend is changing. But I couldn't say that it will totally change the pattern because I still believe that new ATH comes every 4 years. In fact, we have the same pattern in the previous halving where a huge increase happens before and another pump after the said event. If ever the price of Bitcoin breaks its previous ATH before halving, we can't then assume that it never pumps after and makes another ATH.

That is still uncertain, we never know exactly which is why we better take this chance to buy now and wait for the incoming.

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Quote from: someone703 on February 29, 2024, 03:40:00 PM

Instead of chasing quick wins, think of Bitcoin as a long-term play, like building a sandcastle. Invest what you're okay with losing, and hold on for the ride, even when it gets bumpy. Research, understand the risks, and don't let the price swings freak you out. Remember, even the coolest sandcastles need a good foundation, and that means knowledge and a solid plan. Buying high might feel scary, but as an investor, you're not buying a moment, you're buying into the future of the tech. Think of it like buying a rookie basketball player – you're not expecting them to win the championship right away, but you believe they'll grow and get better. So, focus on the long game, not the daily price drama.

Bitcoin price will definitely grow in time, so never wait for another price increase or price decline if you are seeing bitcoin as a long term investment. Just buy and hold for long term. However, never settle into thinking that bitcoin hodling will always be a smooth sailing ride because obviously it’s not. Bitcoin price may seen increasing at the moment but it will surely take an opposite direction in the next following days. When there is price correction, the more we are opt to hold longer our bitcoin and stay patient to never be tempted to sell in order to cut losses.

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Instead of chasing quick wins, think of Bitcoin as a long-term play, like building a sandcastle. Invest what you're okay with losing, and hold on for the ride, even when it gets bumpy. Research, understand the risks, and don't let the price swings freak you out. Remember, even the coolest sandcastles need a good foundation, and that means knowledge and a solid plan. Buying high might feel scary, but as an investor, you're not buying a moment, you're buying into the future of the tech. Think of it like buying a rookie basketball player – you're not expecting them to win the championship right away, but you believe they'll grow and get better. So, focus on the long game, not the daily price drama.

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Quote from: LeezHamilton on February 27, 2024, 05:29:57 PM

Bitcoin price is rising faster and faster, It is time to Buy Bitcoin now before it is too late !

Now it's time to buy bitcoin? Are you for real? Where have you been at sub 20k?
I keep laughing at people who ask me if they should buy bitcoin today because they're literally buying the top, the all time high of bitcoin, where risk-reward ratio is far on the risk side.
Nobody cared about bitcoin when fear and greed index was at all time lows of 6. That was the time to buy bitcoin. Your last chance to get it relatively cheap was when ETFs were approved in January. People were still scared and did not understand what it meant for the asset, which is why not many people bought that correction to $38k. Sorry guys but at 62k it's a hit or miss. You will probably make profit if you buy now, but it will maybe be another 50% if we go to $100k this year. You had a chance to make an easy 40% in 1 month if you just bought the ETF dip and 200% in 1 year if you bought the FTX panic...
Next time, don't be ignorant and read what people here are trying to tell you.

AnonBitCoiner

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Bitcoin is going higher and is a moment of pleasure of all bitcoin investors. I think no will know that when it will reach to 150k$ but everyone will assuming about the price in advance.

As the current price is 62k$ so I think no one was familiar that price will reach to such a good state in just three days but those who trust bitcoin hold bitcoin and are still holding because they know that price will one day attain the worth of 100k$.

Bull season has been started and now we will see price more than current price so it is time of just holding and not to believe negative thoughts from the people all around us.

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