Topic: Can we experience $80k this year? - page 2. (Read 2360 times)

Better not to make yourself  that too hopeful when it comes to price because this would really make you that impatient or really giving out that kind of depressing state on the time that the price didnt hit up on a

certain target or on what you are speculating on.We know that there are some people who are really that too emotional when it comes to things and this is why if it failed to hit up then for sure you would
really be that disappointed and this is why its better not to mind that much because there's no one could be able to predict on how this year ends and on what the price it would really be ending up.
One things for sure that we are already approaching fast on halving event on which it would really be that something that a good sentiment or news on which it could push up the
price on something a level we arent that even anticipating but its too early to talk about that honestly.

Yes exactly spare amount should be used and I think no one will use 100 percent of their budget but if someone do this then is not a good idea.
Everyone knows that in life they have to face certain harsh condition in which they will require money so for such purpose it will be helpful to save some amount for emergency action while you can invest other percentage if you want to avoid certain risk related to trading or investment.

Other thing that will help to not disrupt trading or investment is that minimum amount should be invested which will minimizes your losses as well as if you want to remove that little amount so it will not hurt you as such as the bigger amount will.

Being positive with bitcoin is laudable, but we shouldn't be overdone and delusional, it will backfire and harm you if your high expectations don't turn out as you expected. In investing, we need to be realistic, I mean, we need to rely on factors like history, market news, and macroeconomic news to make judgments that are close to reality, what most likely to happen. We should not expect with our vague and baseless thoughts. We should not expect with vague and baseless thoughts because the market does not move according to our thinking, we follow the market, and the market does not follow us.

I'm not saying that $80k definitely won't happen this year, but I don't see it happening when everything from the economic situation and market history doesn't favor bitcoin hits $80k.

i won't be too confident that BTC will reach the 80k level this year. as we have seen the price increase is quite slow. but at least after half of this year, we finally see the 30k level again. if we are lucky to hear more good news, we can easily climb up to 40k. however, the 80k is quite a target yet, for me, reaching this level is still far-fetched and we need to see some life-changing news from big crypto companies. but i like the enthusiasm of crypto users, having positive approach on this market.

That's common advice for short-term traders, but may be meaningless to long-term holders.
Traders need to build their portfolio that way and they will create regular trading cycles for the same purpose. If they can do it consistently, especially if they have expertise, then they can build a bigger portfolio.

My advice, have a spare budget instead of putting 100% of your budget on trading and investing.
You must have these alternatives if you don't want your trading and investment plans to be disrupted, so consider them wisely before you do.

When the market become good then take your profit because market is unpredictable and when you have taken your profit and the market again downs then there is no need to be worried because you have taken your profit from it.

Person will face loss only if he is not in a condition to wait more, people not always face loss due to impatience but sometimes people needs money for something else which is very important of life therefore they sell their bitcoin with loss so its not a fault but its a way of fulfilment of life expenses.

The better way will be that utilize unnecessary amount instead of amount of daily uses and wait for the price enhancement when you think that now you will face loss by selling your bitcoin.

Agree with the fact that Bitcoin's recent price movement is something that has rewarded the long-term holder who has taken the time to start more Bitcoin when the price of Bitcoin was at a discounted rate for a long time also the recent correction where the price of Bitcoin dropped significantly before of climb to its present rate.


Bitcoin may find it hard to see 80k before the next bitcoin halving and we have suggested a high of 80k or above for the next bull market price.

As always, the long term holders are the real winners in this risky investment. Not only now, even in the first decade the evidence is clear. Early investors have had enormous returns for their patience and faith in the future potential of bitcoin, so they have been well rewarded as a consequence.

If you believe you can become a holder, then buy and hold. The market may be bullish in the coming years, but do so at your own risk rather than relying on other people's opinions for financial advice.

The way the market price just increased to $30k yesterday, make me to believed that long term holders will not regret for the patience they endure for last year till this year. With this new moved of BTC show that $80k will come through before the end of december because, the green light is still displaying to alert holders that bull season is very close to the market. Any moment from next month, Many people will start releasing their BTC for sale because the price of BTC will surely reach $40k next month.

Good point, you should position yourself according to how you understand the business, if you believe that the market will grow and you are optimistic that it will pump in the long-run better to keep buying and just leave the market on how it work while waiting for your target profits, there's always good potential as the market still unpredictable.

Maybe set your expectations and place your entry with the money that you are willing to hold for long, $80k still far from what's the current value, but in terms of last ATH it seems that possible to achieve.

Yes indeed we should not hesitate if we invest Bitcoin, and indeed if seen historically indeed Bitcoin will restore proper profits to each holder especially if the investment made is long -term investment.

But it depends on the person's experience, if he does not have a long experience in Bitcoin investment, then he has also saved a lot of money in Bitcoin, I think if he feels scared and doubtful is a natural thing for him, if she is in a position that he really is lack of experience and if investing in parts of his money, of course he will feel doubt and afraid of the decline.

There we need to take a stand, if in this position, confidence in Bitcoin must be improved, honestly I have also experienced it, but even though I was doubtful I continued to strengthen my heart to keep holding Bitcoin, as well as when there was a decline, I always strengthen myself.
If indeed the investment that is made has been counted as a profit, maybe it's okay to take the profit as Mr. @salald daging said, but if you see better which between selling or holding, I think it's better to keep holding.

Although I also doubt whether Bitcoin can penetrate the price of $ 80K years, because it is somewhat impossible in my calculation and view if you see the development today, but maybe up to the price level of $ 40K, the probability is more measurable to find that price on Bitcoin this year.

bitcoin dropping to $15k is highly unlikely but by no means impossible.  For me, bitcoin is unpredictable, it can go from $17k to $30k, but it can also do the opposite, anything is possible.  one more thing, bear season is not over yet, so even if bitcoin is having rallies and is getting close to $30k but that doesn't mean it will never drop below $20k or $15k.  you don't have proof for that either, so don't be sure of anything with bitcoin.

Why is there any doubt if you invest in large quantities, we already know how the bitcoin trading cycle is and from the decline and also the increase there are always different phases, so when the market is good you can take advantage of it by taking the remaining profit, hold it again for a long time.

When you are sure about bitcoin, you don't need to hesitate or don't want to see a loss, even if the market is crashing or is in a bearish phase, if you don't sell it, you won't experience a loss as a whole because bitcoin after being bearish will definitely be bullish again.
What you need to maintain is to be patient in holding bitcoin, especially with all the obstacles from uncertain market situations.

Are you investing with money you can't lose? Honestly, I also hope and believe bitcoin will rise and hit new ATH in the future. But investing more than we can't lose is not advisable because the market is unpredictable. Maybe bitcoin is still rising, but not 2024 or 2025 as we still predict, they can change the time to 2027 or 2028. This makes it easy for us to lose patience and panic sell bitcoin. Therefore, always invest only with idle money. For me, investing is a battle of wits and testing each person's patience, who patiently waits until the end will win the reward.

you have been here in the crypto forum since 2013 meaning you knew bitcoin and crypto for 10 years now yet you are seeking for 15k drop? have not you accumulate since then ? and bitcoin had crossed that price for how many times before yet you are asking till now?
and you come to ask who's not here when bitcoin was 3000? lol you are here why did not bought then?
and now you still asking for another fall?
lol it will never come that price again so sorry for your losses.

I am a bit worried about the bitcoin market because I have invested a lot of money in bitcoins. When the bitcoin market is good, I feel very happy because then I get a lot of profit. And when the bitcoin market dumps, I get very worried.  Have to be in loss. But hopefully if the bitcoin market is good all investors will benefit a lot. Because when the bitcoin market was dumped we had to be in a lot of loss.

Yes i think it is very difficult but possible. We saw in past how move Bitcoin price. Today Bitcoin price $28k+ But in morning It's price was $26k, great movement. I think it is highly possible to touch $80k if bull market come. Gradually big big investor including in crypto and they are buying Bitcoin. I am not telling it will must go $80k in this year but i am telling it is possible to touch that's price. Till now ATH was $69k which happened in November 2021. I think  November 2024 it will hit new ATH.

It can be difficult to predict the precise price movements of any asset especially one that is volatile like Bitcoin therefore it is crucial to have a strategy that takes several possibilities into account. A smart approach to managing your investments can be seen in the way you estimate prospective price targets and establish a maximum waiting period. Keep in mind that the cryptocurrency market has a high degree of unpredictability and is influenced by a variety of factors including market mood governmental changes and technological breakthroughs. It is a good idea to keep up with market developments diversify your holdings and be ready to adjust your plan as necessary.

Well said, the price recovery will always be possible but that is just as the price plunges are possible as well. It's all about what we see at a time and our speculation will be a very good guide to assist us. Personally, my speculation doesn't see much buy and sell anymore this year, the price might be hovering around the year's high of about $31,000 and the low of about $19,000 for the rest of the year.

By virtue of this, I don't expect Bitcoin to reach a psychological level of $40,000 in 2023, not to talk of doubling it when there is no strong data or tradition like halving expected to cause that appreciation.

Price recovery is still possible for Bitcoin, but I also don't think that Bitcoin price recovery will surpass the previous ATH by creating a new ATH in the near future. Because a large increase will certainly be difficult if the time is short, besides traders and buyers who don't use Bitcoin for trading also don't make purchases at the same time so Bitcoin won't immediately increase sharply at one time. And today you can see a bit of a recovery taking place in Bitcin as the price itself is back in the $26K+ range.