Bitcoin the coin every one should invest in

boyptc

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It's not yet even a month but look at the price when OP posted this and compare it to the price now. That's something amazing that we have to realize how far Bitcoin can do in less than a month of timeframe.

And that is true that with the upcoming sitting of Trump into presidency soon. There could be more to the market.

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

Bitcoin has really come a long way and is now matured enough for everyone to invest

More convenient to invest now and no more people trying to make fun of us whenever we talk about Bitcoin in the public.

?

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Quote from: TEBTC on November 24, 2024, 05:40:48 PM

With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.

Bitcoin has really come a long way and is now matured enough for everyone to invest

Good to hear all this about Bitcoin please sir am new here so I want to know more about the Crypto currency
And how I can start investing.

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Now is an excellent time to consider Bitcoin investment, with its price surging and a crypto-friendly leader promising a supportive environment. Bitcoin's maturity makes it a strong choice for investors.

Nwada001

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Quote from: Accardo on November 30, 2024, 09:32:13 PM

Bitcoin has probably stayed ahead of 90k for a while, and it seems the price won't fall easily, except something strange happens to the market. Buying now could be a better choice regarding the fact that Bitcoin will surpass this price someday. Despite the speculation of what the bear market would bring in, snatching Bitcoin at this period would demand consistent hodling of the coin.

It's really taking bitcoin time to cross above this $90k level, and it's also showing strong resistance not to fall below that price. The month of December is just getting started; let's watch and see what it has to offer us.

For the main time, anyone who has plans to buy and hold now should be considered as one of the best times. We can't predict which level it will run to the moment it's able to break through this $90k level; maybe we will climb to the $100s and reside there.

2Pizza410000BTC

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Quote from: TEBTC on November 24, 2024, 05:40:48 PM

With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.

Bitcoin has really come a long way and is now matured enough for everyone to invest

Everyone wants to invest, but not everyone can succeed by investing. There are some rules and regulations of investment and security issues, and one should not invest without being aware of those rules and regulations. There are many people who become very attracted to investment after hearing about Bitcoin. I want to tell those who become attracted to investment after hearing about Bitcoin, none of you should jump into investment without gaining complete understanding or experience about Bitcoin and investment. If you invest, you will have to have the ability to hold it and you will need a safe wallet to hold it. If you can hold it for a long time and provide security to the wallet, then your investment will be successful.

Samlucky O

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Quote from: TEBTC on November 24, 2024, 05:40:48 PM

With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.

Bitcoin has really come a long way and is now matured enough for everyone to invest

Well from your explanation it seems you are presuming bitcoin price chart of last 2 to 3 weeks but however bitcoin has been hovering around the benchmark $94k $95k to $97k but however $100k is surely achievable. The hype of Trump has really captivated alot of investors Leeding them to invest massively in bitcoin pushing bitcoin bull so rapidly and we are all happy about that and more and more investors will still troope in. Emediately Trump start executing his plans of bitcoin reserve asset as gold, more people will still be triggered to invest in bitcoin. Surely $100k will be quickly achievable.

Bitcoin has really come along way though, and it is the major focus of investment right now because everyone is talking about it. And I believe this sudden price increase will leed more matured minded people to invest.

LDL

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Quote from: TEBTC on November 24, 2024, 05:40:48 PM

With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.

Bitcoin has really come a long way and is now matured enough for everyone to invest

Bitcoin is on track to hit the 100k milestone today as part of what Donald Trump promised about Bitcoin before his election came to fruition. However, one should not make a hasty decision to invest in Bitcoin because if one does not have proper knowledge about Bitcoin, it will not be very easy for him to invest in Bitcoin. Before investing he must know about the various risks involved in investment and invest fully prepared to bear his own risk. Right now Bitcoin may be making profits as it is in an uptrend but when Bitcoin goes into a bear market there will be losses instead of profits. An investor is mentally prepared for losses just as he prepares for profits.

YUriy1991

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Of course, the price increase after the previous decline has more or less led to an increase in trust and increased interest in investing in BTC, which was proven after the election process was over.

For the current decline or correction, I think it is reasonable and it won't be long before BTC rises strongly again and the 100K figure will be more real before our eyes.

Accardo

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Quote from: Orpichukwu on November 29, 2024, 05:51:13 PM

Quote from: ? on November 27, 2024, 03:07:26 AM

Yes, because the price would be averaged due to investing each month at the same time.
But I would say it's the right time to invest because the correction is underway and then there would be the continuation of the bullish sentiment, afterward - it would stop probably, and then - we would see about that.

If he was waiting for the right time to buy seeing the price correction that was happening a few days ago, like something that might go below that, then he should be a little too late as he will buy from a price above that level.

Bitcoin has recovered back to a certain level of $97,400 as of the time of this comment and has reached a 24-hour high of $98,609, which more of such a positive market is on the way.

Bitcoin has probably stayed ahead of 90k for a while, and it seems the price won't fall easily, except something strange happens to the market. Buying now could be a better choice regarding the fact that Bitcoin will surpass this price someday. Despite the speculation of what the bear market would bring in, snatching Bitcoin at this period would demand consistent hodling of the coin.

Wakate

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Quote from: TEBTC on November 24, 2024, 05:40:48 PM

With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.

Bitcoin has really come a long way and is now matured enough for everyone to invest

What is your reason why people should invest in Bitcoin? I was expecting to see some write up about that but that wouldn't be a problem since Donald Trump winning the election is a good reason why we should invest in Bitcoin more than altcoins. The crypto market capitalization has increased drastically we could see more adoption by the time the price of Bitcoin exceed $100k. There is more bullish run to experience in this race and Trump is going to make things more interesting with time we he takes the position of being the president of the United States. We have noticed recently that the price of altcoins are drastically falling while Bitcoin keeps going bullish.

tygeade

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Quote from: Obim34 on November 27, 2024, 10:10:11 AM

Quote from: fikrett on November 27, 2024, 08:47:07 AM

I think we are not done yet Grin

Just like in 2021, there were dumps, then there would be a real, bigg correction - and then the biggest ATH of all.
So let's see where the market would bring us.

This correction we are seeing now is little to nothing on what we will be experiencing next year. Our target for this year is $100K and aside being close to reaching that goal, little dump like this should not be exempted from the track, after undergoing this movement we are exceeding our target. Many people already made the ATH for next year to be around $150K and above, which is not too much to get but extra talks on moving from $98K to nearly $80K signifies we are not ready for any further moment. Corrections are necessary to happen before we can make the best of our ATH.

Small corrections happens every time we are on a bull run, it's not that big of a deal and we need to realize that small corrections is where the money is made. Traders take advantage of that situation very well, they know that it will recover, so they wait and they buy long futures and they end up making a great return from that without a doubt.

I believe this won't be simple, but the best way to move forward would be just assuming the best could happen. In this case, the best would be just long futures and leverages that could see the price reach back to 100k levels, if you do that now, then you could make thousands on your dollar, and many traders are taking advantage of that situation with ease, because they know it will go back up.

finaleshot2016

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Quote from: Wonder Work on November 27, 2024, 03:01:16 AM

The Bitcoin market is a little unstable now; it is better to be patient because December was also a similar situation. It would be better to see which way the market goes and then invest. It is better not to invest in an unstable situation.

If you want to invest by maintaining DCA, then now is definitely the right time. If you invest by maintaining DCA, then there is no problem in seeing which way the market has gone; you can continue to invest regularly.

IMO, If you look at the 1D chart, BTC is not really unstable, it is just doing what it always does. December was just as brutal, and see where we are right now.

DCA is effective because you don't need to overthink about the timing but rather sequentially invest. Yes, the price in the short term can be crazy, but Bitcoin has always been like that. Like it’s always said, what goes in quiet will usually come out better in the long run!

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Quote from: ndutndut on November 29, 2024, 02:49:54 PM

Quote from: TEBTC on November 24, 2024, 05:40:48 PM

With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.

Bitcoin has really come a long way and is now matured enough for everyone to invest

That’s right. Even though there are many options to invest in, Bitcoin should still be a top priority for everyone. Because besides the price of bitcoin going up like crazy, Bitcoin will also save us in tough economic times. When the dollar weakens, it could mean tough economic times ahead. So Bitcoin is a way to protect your money from inflation.

Right now, Bitcoin is in the spotlight, especially with the approval of Bitcoin ETF and Trump’s victory in the US election. So the impact on Bitcoin is very real even though Bitcoin is very volatile, but many predict its price could soar to over $100k. So be happy for those who have been saving bitcoin for a long time and those who are considering investing now. because it is never too late to invest in bitcoin and maximize profits in times like these, don't waste this opportunity.

You should only invest in bitcoin for the long term because bitcoin is a highly volatile asset and is classified as a high-risk asset. So in times of economic hardship like high inflation or recession, bitcoin will be dumped severely like what happened in 2022. Bitcoin can only protect you from inflation if you invest for the long term, bitcoin is not like gold which is always stable and maintains its value in all circumstances. So if you are planning to speculate or invest short term, don't expect it to help you avoid inflation.

We are very close to the $100k target and those who have been accumulating bitcoin for a long time have made huge profits. But for someone who is new and wants to invest right now, I am not sure about that. I mean they should do thorough research before investing instead of investing on other people's advice or Fomo.

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Quote from: ndutndut on November 29, 2024, 02:49:54 PM

That’s right. Even though there are many options to invest in, Bitcoin should still be a top priority for everyone. Because besides the price of bitcoin going up like crazy, Bitcoin will also save us in tough economic times. When the dollar weakens, it could mean tough economic times ahead. So Bitcoin is a way to protect your money from inflation.

On top of everything, investment ROI is important or most important with many people, to attract them to this market, and to convince them joining this market with their money. However, I see there is another biggest reason that makes Bitcoin as a best investment choice is its design, ROI is a mandatory condition, but it won't be high without outstanding fundamentals of Bitcoin. That reason is Bitcoin design with a public ledger for full transparency, private keys for full control of bitcoins in non custodial wallets for Bitcoin holders, and a decentralized network and blockchain hence there is no reversible transactions.

Without outstanding fundamentals, Bitcoin would have no or very low value, and price would have not increased a lot with time and is high nearly $100,000 now.

Quote from: finaleshot2016 on November 29, 2024, 06:52:07 PM

BTC’s growth over the years has been huge, and it has also demonstrated that it is a valuable investment as well as provided us with numerous opportunities. The price increase today, as well as the global interest which seems to rise everywhere are just two examples of how much the world has evolved.

From outstanding fundamentals, Bitcoin has very good adoption, one of greatest of all time adoptions in human civilization history.
Bitcoin Adoption Curve.

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Quote from: TEBTC on November 24, 2024, 05:40:48 PM

With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.

Bitcoin has really come a long way and is now matured enough for everyone to invest

BTC’s growth over the years has been huge, and it has also demonstrated that it is a valuable investment as well as provided us with numerous opportunities. The price increase today, as well as the global interest which seems to rise everywhere are just two examples of how much the world has evolved.

With more adoption promoted by pro-crypto governments such as the US, there should be greater BTC potential. As always in investing, timing is very important, and perhaps now is a time for those that see it in the future. Remember, as always, to make a wise investment and only invest funds which you can afford in the long term.

Orpichukwu

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Quote from: ? on November 27, 2024, 03:07:26 AM

Yes, because the price would be averaged due to investing each month at the same time.
But I would say it's the right time to invest because the correction is underway and then there would be the continuation of the bullish sentiment, afterward - it would stop probably, and then - we would see about that.

If he was waiting for the right time to buy seeing the price correction that was happening a few days ago, like something that might go below that, then he should be a little too late as he will buy from a price above that level.

Bitcoin has recovered back to a certain level of $97,400 as of the time of this comment and has reached a 24-hour high of $98,609, which more of such a positive market is on the way.

ndutndut

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Quote from: TEBTC on November 24, 2024, 05:40:48 PM

With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.

Bitcoin has really come a long way and is now matured enough for everyone to invest

That’s right. Even though there are many options to invest in, Bitcoin should still be a top priority for everyone. Because besides the price of bitcoin going up like crazy, Bitcoin will also save us in tough economic times. When the dollar weakens, it could mean tough economic times ahead. So Bitcoin is a way to protect your money from inflation.

Right now, Bitcoin is in the spotlight, especially with the approval of Bitcoin ETF and Trump’s victory in the US election. So the impact on Bitcoin is very real even though Bitcoin is very volatile, but many predict its price could soar to over $100k. So be happy for those who have been saving bitcoin for a long time and those who are considering investing now. because it is never too late to invest in bitcoin and maximize profits in times like these, don't waste this opportunity.

Zackz5000

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Quote from: retreat on November 25, 2024, 12:17:56 PM

Everyone has the right to want to invest in any coin, there is no compulsion that they have to invest in Bitcoin, but what is certain is that when people ask me what coin they should invest in, then I will tell them that investing in Bitcoin is the best thing they can do. The reason is simple, it has an economy, its adoption is still wide open, and it has high potential in the future. Although we can't avoid its price volatility, but if someone understands how to invest in Bitcoin and only puts money that they can afford to lose, it should not be a problem for them to invest immediately. Because investing in Bitcoin is very simple - they just need to hold and not sell at a low to prevent losses.

That's correct though people may choose to do what they want to do but Bitcoin is most reliable coin to invest on. Bitcoin is a potential coin but the patient of hodling for long is what matters just like you said investing in Bitcoin is simply if the basic knowledge is there and the money for investment is available let it be money you won't be needing for long, with the DCA strategy an investor can accumulate Bitcoin regularly as it could be weekly or monthly irrespective of the price of Bitcoin and HODL for long provided your discretionary income, emergency fund are made ready because this will enable you hodl your Bitcoin for long without selling in a short while if an unforeseen circumstances occurs.

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Quote from: TEBTC on November 24, 2024, 05:40:48 PM

With the recent upsurge in the price of Bitcoin and with Bitcoin fluctuating between $85k to $88k allot of person's have taken interest in investing in Bitcoin and the right time I think is now because with the just concluded united state elections someone with a more crypto friendly ideas is taking over power with allot of promises making it even much even easier and interesting for Bitcoin.

Bitcoin has really come a long way and is now matured enough for everyone to invest

Bitcoin is currently at $95k, which is very high and exciting. That being said, people keep making the same mistake: ignoring Bitcoin during its long bear markets, and then suddenly buying more and more at peak prices. Sure, Bitcoin can still grow significantly in price, but I do think we'll see the prices around $50k at some point in the future again, because Bitcoin historically does tend to lose over half of its value during the bear market. So unless one's doing DCA and buying at current price out of routine consistency, I don't see why buy here instead of waiting it out.

Zekiarri

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Yeah, Bitcoin's been on a roll lately. The election definitely adds some positive vibes. Is anyone selling in spring?

Topic: Bitcoin the coin every one should invest in (Read 774 times)