Bitcoins Crossed 20k USD!! Don’t lose hope now. - page 7.

HardFacts

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Quote from: Lucius on June 20, 2022, 10:03:25 AM

because realistically they're only interested in Bitcoin for profit, and they're far from the idea Satoshi made Bitcoin for.

This has got to be the worst statement I have seen in a very long time Grin

Everyone invests in Bitcoin to make a profit. Is anyone here investing in Bitcoin and expecting NOT to make money Huh

Are you putting 20,000 dollars into a Bitcoin to have it on your computer forever and NEVER sell Huh

If your plan is to NEVER sell, you might as well throw away your seed phrase and hard drive that stores your bitcoin Cheesy

Rruchi man

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Quote from: Nrcewker on June 20, 2022, 06:04:55 AM

Yesterday Bitcoins were at 17k USD and now currently it has crossed 20k USD.

The 17k price that bitcoin was at presented one of the best opportunities we have seen in years for people to join the market and for others to buy more. Although many may not have seen it as such, an opportunity i mean, they may never be such an opportunity again. It is good news at the moment for all those who bought at 17k, if the price continues to go up, for those who panicked and sold or didn't buy, regrets may soon follow as the prices gets better. There is a lesson for everyone to learn.

Lucius

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Quote

Bitcoins Crossed 20k USD!! Don’t lose hope now.

People who lose hope in Bitcoin just because there was a change in value relative to fiat don't really understand what it's all about - because realistically they're only interested in Bitcoin for profit, and they're far from the idea Satoshi made Bitcoin for.

I am an optimist by nature, but I am slowly losing hope when I see how few people believe in Bitcoin and how easy it is to manipulate them - either with FUD news or the fact that they have handed over their BTC to various companies who start to crumbling like towers of cards.

ImThour

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Bitcoin Bottom was at $15.4k

I made an idea in which I predicted that Bitcoin will bounce back towards $28k level before going back towards $16k or below.
The correction is not over yet, count this up as a pullback according to me. However, I can only predict though lol.

Myleschetty

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Quote from: Nrcewker on June 20, 2022, 06:04:55 AM

So Bitcoins have started recovering as we can see from the charts.
Yesterday Bitcoins were at 17k USD and now currently it has crossed 20k USD. It’s now at around 20,800 USD and it’s still increasing.
It’s not yet late to buy the Bitcoins, those have panicked and sold their Bitcoins, now it’s time again to buy it.

Of course, buying now is never a late decision but i hope you don't think the bear is over because the bear will still last some months though it makes change side to bullish at some point.

Quote from: Nrcewker on June 20, 2022, 06:04:55 AM

Don’t know whether it’s the end of the bear market or not, but still the price have given us the Bitcoin traders a great hope.
Hope soon Bitcoin recovers it’s price, and we all will end up with great profits.
What are your thoughts on this?

Bitcoin will recover its price but not now and the current great hope in price is just temporary. Besides, after the end of this bear market, it is altcoin season

Jawhead999

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Quote from: Henrobakkara on June 20, 2022, 08:13:18 AM

I believe you anyone really wants to invest in Bitcoin, all these low prices are a good place to continue to buy considering that looking at multiple Bitcoin chats, it seems that Bitcoins price is close to the bottom even if we cannot really claim where that is and understanding that Bitcoin investment is best for a long term. Yes it did come back up from $17k+ to trading at around $20k+ now but we don't know if it will drop again or steady out for a while but in whichever case, these are good prices to buy and HODL.

I really doubt this, most people doesn't really understand what the difference between Bitcoin and shitcoins, all they do is trust random CEO words claiming they're better than Bitcoin with non sense explanation. Moreover they're promise the price will increase x multiples and the APY will reach x price etc, that's make them convinced to invest on shitcoins especially the coins worth less than a dollar. This will make them earn more since if the price reach $1, they could become a millionaire.

Gozie51

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Quote from: Nrcewker on June 20, 2022, 06:04:55 AM

Hope soon Bitcoin recovers it’s price, and we all will end up with great profits.
What are your thoughts on this?

I'm thinking that it is still early to jubilate about bitcoin possible rise or recovery in price. It dropped early last week to around $17k and gained some weight towards the weekend probably some investment during the weekend happened to push the price a little high because we are still not off the bear. Currently though still looking bullish and selling at $20,480, maybe it could flatten down to $20,000 or higher than what it is now.

Minecache

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Bitcoin isn't recovering, we're still in a bear market. After a big decline, the market will usually have a few sessions of modest gains again and investors will believe that the bear market is over and they will start buying again. Then, things didn't work out as they expected and bitcoin fell again after the rallies. However, I believe price is just a price trap, this bull run will not last long and bitcoin will soon fall dramatically.

Henrobakkara

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Quote from: Nrcewker on June 20, 2022, 06:04:55 AM

So Bitcoins have started recovering as we can see from the charts.
Yesterday Bitcoins were at 17k USD and now currently it has crossed 20k USD. It’s now at around 20,800 USD and it’s still increasing.
It’s not yet late to buy the Bitcoins, those have panicked and sold their Bitcoins, now it’s time again to buy it.
Don’t know whether it’s the end of the bear market or not, but still the price have given us the Bitcoin traders a great hope.
Hope soon Bitcoin recovers it’s price, and we all will end up with great profits.
What are your thoughts on this?

I believe you anyone really wants to invest in Bitcoin, all these low prices are a good place to continue to buy considering that looking at multiple Bitcoin chats, it seems that Bitcoins price is close to the bottom even if we cannot really claim where that is and understanding that Bitcoin investment is best for a long term. Yes it did come back up from $17k+ to trading at around $20k+ now but we don't know if it will drop again or steady out for a while but in whichever case, these are good prices to buy and HODL.

swogerino

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I hope it recovers further but the problem is that the bear market is far from over.Everything is increased in cost in every area and so has the cost of living in general with the inflation in reality being near 33% from the paper that US and the world tells us that is only 8% now.This depressive mood in all the active markets in the world seems to have somewhat hit also Bitcoin hence the massive crash it has experienced in these last days.It may crash even further to below 10.000 dollars before recovering but the bottom line is it will recover as it has done always by reaching a new all time high,we only don't know when but we know that it will.

Cryptomiles1

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it is just a retracement to get it base, this doesn't mean it going up but we have to enter little down trend before its final bull and will take about more 90 days from the chats and previous post i entered through around the forum. So another good chance for those who are willing to purchase.

Husires

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We can say that we are safe if the price breaks the 23.4k, which is the largest resistance line, and continues to rise or breaking the resistance at 28k dollars.
Other than that, they are temporary changes and will not affect the overall price outlook, but only the daily movement within the resistance area.
The price of 20k by itself does not determine where the price will go, has no importance in building points of support and resistance, and therefore these rises are natural reactions after a strong selling wave that pushed the price for a third of its value.

You will hear a lot of analyzes and some of them may seem conflicting, but it is difficult to accurately predict the price in the short term.

Uang_kartal

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betfury

maybe tomorrow the price of bitcoin will be higher than today. I haven't seen any confirmation on the analysis chart or on the news circulating, friend.
can you show me the news that I can hold for entry? even though it's only 25% of fiat crypto that I use, I'll try instead of Lumpsum to save takers or makers.

you are all right that the price of crypto will not be stuck and slipped on the abyss of bearish. We know that every period there is an increase even though it is very thin.
slowly investors will come back down to capture bitcoin with their respective styles.
I'm optimistic that bitcoin will come back again, let alone the momentum of the first halving.
The bulls will well return to the Ath positions, and beyond a few months ago, to the golds.

bitcoin is the world economy. privacy, free, transparent and special.

mirakal

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I'm not sure yet if it has already recovered, it only stayed $20k and it's not moving yet, I'm afraid that what we are seeing is just a bull trap. As of the moment, I'm still not convince that the bear market is already over, if it does recover, I believe it will not hold for long.

Anyway, let's just enjoy the price volatilty, day trading is the key if we are done accumulating to HODL.

Ahli38

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That's why incremental buying (DCA) during a bear market like now is very necessary. so that when the price goes up, we won't be left behind. because we have bought from below. and when the price goes down again then we are also in profit because we can buy again little by little (DCA).
and I just read the news that brought some warmth in the midst of the cold winter for bitcoin this year, namely from the source Cointelegraph.com

Quote

⁠Bitcoin mints more than 13,000 'wholecoiners' in the past seven days

Small wallet addresses–those containing 0.1 Bitcoin or more–continue to accumulate Bitcoin at a rapidly increasing rate.

https://ct.com/ap02

_{from here we will understand that secretly it turns out that people continue to buy bitcoins and store them. and this shows the trust in bitcoin is actually increasing rapidly.}

NeuroticFish

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Quote from: Nrcewker on June 20, 2022, 06:04:55 AM

Hope soon Bitcoin recovers it’s price

Bitcoin price should recover, but it may take months until that happens, so you need quite some more patience.
We're in a bear market now and this is the part where trust and patience uses to pay off.
If you lack these two you will most probably give up, since the price may or may not remain over 20k until the bear market ends.

Nrcewker

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So Bitcoins have started recovering as we can see from the charts.
Yesterday Bitcoins were at 17k USD and now currently it has crossed 20k USD. It’s now at around 20,800 USD and it’s still increasing.
It’s not yet late to buy the Bitcoins, those have panicked and sold their Bitcoins, now it’s time again to buy it.
Don’t know whether it’s the end of the bear market or not, but still the price have given us the Bitcoin traders a great hope.
Hope soon Bitcoin recovers it’s price, and we all will end up with great profits.
What are your thoughts on this?

Topic: Bitcoins Crossed 20k USD!! Don’t lose hope now. - page 7. (Read 1115 times)