Do you think BTC would rise again? - page 9.

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Quote from: Godlovesyou on March 05, 2023, 12:55:25 PM

Judging from the long period of time BTC has not accumulate any impression, I doubt if people are still investing because of many policies formulating against cryptosystem no industries and firm wants to risk their capital again. Would the system remains this way?

Normally I understand this wasn't the first time BTC has experience this down slide but then it was normally market situations but now many billionares has withdrew interest in this project, then what is the hope of this project? Do you think BTC will experience better and high price?

There is not need to worry about bitcoin, I know that some newbies were expecting a faster recovery than what we are witnessing right now but the recovery speed we are witnessing is within the expectations of the most experienced traders, now if for you the volatility of bitcoin is too much and you are unable to deal with it we all get it and if needed be you can leave this market and invest in other markets that are not as volatile, but that could suit your tastes a little bit better.

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Quote from: bbigtart on March 06, 2023, 09:01:24 AM

Quote from: CageMabok on March 06, 2023, 08:19:14 AM

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There is no doubt that bitcoin will rise again, the problem is that it sometimes takes a long time to rise, which makes many people panic and despair and sell bitcoin at low prices, but if we are used to investing in bitcoin, the price that drops like now is time best to buy more, don't be pessimistic because bitcoin can explode fast.

In conditions like today, not only do pessimists have to be thrown away, but optimism about Bitcoin must also increase while buying again before the price moves up. Slow movements like now are easier to make purchases, but for now don't forget to check out the latest news about the crypto and Bitcoin space so that there is added confidence in buying more Bitcoins. Although the impact of the bad news is now starting to wear off for Bitcoin and cryptocurrencies.

I agree with you, even though the price of bitcoin still tends to be stable with a slight increase, maybe in 2-3 years there will be an increase in ATH from BTC, because at this time the market is still afraid of investing in BTC so it seems to be holding back a little. But still DCA even though the market is still unclear where to go.

DCA is a good choice, but you also have to understand why you are doing DCA. not just DCA, this strategy requires more capital resilience, so the more capital, the easier it will be to do DCA. It doesn't affect the root up or down, the most important thing is that within a predetermined period of time, you will buy gradually the same amount or higher than the previous purchase. here financial management plays an important role, if management is not carried out then the strategy is a bit messy. Don't be afraid that Bitcoin will continue to fall, the market is indeed volatile but there will be bullish times like before. Hold long term and enjoy the benefits.

bbigtart

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Quote from: CageMabok on March 06, 2023, 08:19:14 AM

Quote from: ?? on ??

There is no doubt that bitcoin will rise again, the problem is that it sometimes takes a long time to rise, which makes many people panic and despair and sell bitcoin at low prices, but if we are used to investing in bitcoin, the price that drops like now is time best to buy more, don't be pessimistic because bitcoin can explode fast.

In conditions like today, not only do pessimists have to be thrown away, but optimism about Bitcoin must also increase while buying again before the price moves up. Slow movements like now are easier to make purchases, but for now don't forget to check out the latest news about the crypto and Bitcoin space so that there is added confidence in buying more Bitcoins. Although the impact of the bad news is now starting to wear off for Bitcoin and cryptocurrencies.

I agree with you, even though the price of bitcoin still tends to be stable with a slight increase, maybe in 2-3 years there will be an increase in ATH from BTC, because at this time the market is still afraid of investing in BTC so it seems to be holding back a little. But still DCA even though the market is still unclear where to go.

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Bitcoin always has the potential to rise again, in 2018 when the price dropped more than 60% made me impatient and sold all the bitcoins that I owned, but I was surprised because in 2021 the price skyrocketed to touch more than $ 50k even more than $ 69k at the end year. this proves that bitcoin has the potential to rise again.

I guess the OP is a newbie to the market and hasn't been through the bear seasons before, so it's understandable that he's scared, just like when we were newbies. Not only you but I believe many people in 2018 didn't believe in bitcoin and sold out, thinking it would crash and never recover, but eventually, bitcoin recovered and hit a new ATH in 2021.

As a newbie, when seeing such crashes, all will panic and worry about the future of bitcoin. I don't have any good advice for the OP, as there is no better advice than experiencing it for yourself, so I hope he can make it through this bear season.

CageMabok

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There is no doubt that bitcoin will rise again, the problem is that it sometimes takes a long time to rise, which makes many people panic and despair and sell bitcoin at low prices, but if we are used to investing in bitcoin, the price that drops like now is time best to buy more, don't be pessimistic because bitcoin can explode fast.

In conditions like today, not only do pessimists have to be thrown away, but optimism about Bitcoin must also increase while buying again before the price moves up. Slow movements like now are easier to make purchases, but for now don't forget to check out the latest news about the crypto and Bitcoin space so that there is added confidence in buying more Bitcoins. Although the impact of the bad news is now starting to wear off for Bitcoin and cryptocurrencies.

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Quote from: Yatsan on March 05, 2023, 05:09:43 PM

Quote from: tabas on March 05, 2023, 05:04:06 PM

Quote from: Godlovesyou on March 05, 2023, 12:55:25 PM

Normally I understand this wasn't the first time BTC has experience this down slide but then it was normally market situations but now many billionares has withdrew interest in this project, then what is the hope of this project? Do you think BTC will experience better and high price?

Of course it will still get higher price soon, don't forget about the halving. I think this concern of yours is always being asked by someone who's new to the market and I can't blame you for asking and being worried but I also asked the question before when I was new.
But then, experience will answer it that you shouldn't worry and this market is here to stay and eventually, those that you've mentioned will come back when the market is in bull run again and that's imminent.

If you've been here for years you'd understand it more. Way back in 2017's ATH, correction also occured which lasted for 2 years if I'm not mistaken and same thing could and could not happen this time given that there is no consistency with the market prices. Even recently wherein its market price was able to break and reach $25k from being as low as $15k. No one expected for such thing so same thing should go for its price decline. As investors we have to be oatient with this market. If we have to wait for another year, that is fine by me. It is potential we are betting of for this industry. But if you're worried because the market value changes from time to time, maybe this industry isn't for you.

It was just for 1 year(2018) and then 2019 came which was like part of the recovery year although nothing much happened until 2020. It's true that when a bear market comes, everyone is expecting it to be really terribly low. But as much as we're looking at it, the price movement of bitcoin is something better than of those years. We're even par with 2017's all time high and much higher than it. Can you imagine of how high it can go from the last ATH so, thinking that another ATH and bear market comes and comparing it with the past. It's possible in the future that the lowest could be par with the last ATH which is around $69k or if it goes lower, still that's a high speculative price in the future knowing that it could be a bear season.

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Quote from: Godlovesyou on March 05, 2023, 12:55:25 PM

Judging from the long period of time BTC has not accumulate any impression, I doubt if people are still investing because of many policies formulating against cryptosystem no industries and firm wants to risk their capital again. Would the system remains this way?

Normally I understand this wasn't the first time BTC has experience this down slide but then it was normally market situations but now many billionares has withdrew interest in this project, then what is the hope of this project? Do you think BTC will experience better and high price?

While many billionaires have lost interest in investing , many new investors are joining. The market is somewhat stagnant due to some scandals last year. Many are afraid of cryptomarket volatility but this volatility is one of its main features that would encourage an investor to invest.

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I am not thinking rather I can guarantee that Bitcoins will rise. I am not saying this personally. The numbers itself speaking. The numbers I mean the marketcap of the coins. The marketcap is so big that, it the demand for the coin increases slightly, then the price will take a huge leap. Bitcoins are also limited in number, so when the demand for the coin will increase, to fulfil the demand, the price will also rise as Bitcoins are fixed in number.
So no matter what the circumstances are, when time will pass, the price will rise.

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Quote from: Godlovesyou on March 05, 2023, 12:55:25 PM

~snip~
Normally I understand this wasn't the first time BTC has experience this down slide but then it was normally market situations but now many billionares has withdrew interest in this project, then what is the hope of this project? Do you think BTC will experience better and high price?

Young friend, if you haven't figured it out yet, abnormal is the "new normal" now, and everything in this world has to adapt to it, and what doesn't adapt will disappear. Those of you who look at everything through the prism of price are in the biggest problem you can imagine, because the system washes your brain every day, and instead of understanding Bitcoin as an alternative, you only think about how to get rich overnight.

Don't worry too much about billionaires or millionaires, because they can afford bad periods and come out of them just a little less rich than before, and you can only hope that the system will not impoverish you even more. Start thinking outside the box, not everything is as it seems Wink

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Yes, I believe and definitely bitcoin will always recover and hit new ATH in the future. I don't have any proof to prove it to you, but I think we are bitcoin investors, once you have decided to invest then you have to be confident in your choice. And if you have done your research on bitcoin before investing you can also see that historically bitcoin has always recovered from a decline, and I believe history will repeat itself.
Don't panic, believe in bitcoin because it has never let us down, those who have lost when investing in it because of not have enough faith in it.

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Quote from: Godlovesyou on March 05, 2023, 12:55:25 PM

Normally I understand this wasn't the first time BTC has experience this down slide but then it was normally market situations but now many billionares has withdrew interest in this project, then what is the hope of this project? Do you think BTC will experience better and high price?

Bitcoin didn't need those billionaires interest to achieve the price it has at the moment, Bitcoin creates her own millionaires and billionaires so people can keep on withdrawing heir interest, Bitcoin doesn't care. This type of events only shows those who are just here for the money but they claim they came for the technology and to improve the market but that's all lies.

This isn't the first time Bitcoin is experiencing such bad market and it won't be the last although one thing is certain, the price of Bitcoin always bounces back from the lows to achieve even more all time high, higher than the previous bull market peak. All you should be doing now is accumulate while people sell as in the future when you're rejoicing for buying now, they'll be regretting for selling.

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Quote from: Godlovesyou on March 05, 2023, 12:55:25 PM

Judging from the long period of time BTC has not accumulate any impression, I doubt if people are still investing because of many policies formulating against cryptosystem no industries and firm wants to risk their capital again. Would the system remains this way?

Normally I understand this wasn't the first time BTC has experience this down slide but then it was normally market situations but now many billionares has withdrew interest in this project, then what is the hope of this project? Do you think BTC will experience better and high price?

It sounds like you're scared, are you a newbie and haven't experienced a bear cycle before? If you have invested in bitcoin then what you need to do is wait patiently and don't rush to sell bitcoin, bitcoin is a long term investment, don't worry too much about its short term volatility. Like you, we can't predict the future, so we can't be sure bitcoin will recover and hit new ATHs, but we can't be sure that won't happen either.
Bitcoin investment is like that, the higher the return, the higher the risk, as long as you have strong faith to hold bitcoin to the end, the reward will be yours. In investing, patience is the key to success.

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People who believe in what BTC is capable of will continue to invest in bitcoin and want to continue buying it at the current low price. Even if there are policies from the government that appear to be tightening the rules, they won't stop and as long as they can still buy bitcoins and hold them, that won't stop them.

This decline is only temporary and will reverse the direction of higher prices. You don't have to worry about that and if you are still confident about BTC, you can buy in like those guys. But if you are not sure about BTC, you can leave and never come back because investing in bitcoin is not a compulsion. People are still hoping to see the price of bitcoin increase again and they are trying to able to own more bitcoins.

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[/quote]
Bitcoin still has the possibility of experiencing a higher price increase than now and if you look at the billionaires who have withdrawn money and themselves from Bitcoin at this time, it's actually not the end of Bitcoin's life because Bitcoin can still increase even though slowly. And billionaires who have benefited from Bitcoin will definitely return to Bitcoin when they no longer benefit from other projects. So be patient with the current market situation.
[/quote]

Definitely, whales will return to cryptocurrencies time after time, since there is a huge profit margin for them here. There is also a Compound interest rule in the markets, which allows them to earn as a percentage of their huge deposits. After all, bitcoin is not only a currency, but also a speculative tool. And when the whales pump the price, we will see new heights of the bitcoin price.

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Quote from: Godlovesyou on March 05, 2023, 12:55:25 PM

Judging from the long period of time BTC has not accumulate any impression, I doubt if people are still investing because of many policies formulating against cryptosystem no industries and firm wants to risk their capital again. Would the system remains this way?

Don't doubt other people who don't invest in Bitcoin, because actually until now there are still very many people who like to invest in Bitcoin and this is very independent of whatever system they currently know. And if you feel confident and still believe in Bitcoin, try investing in it because Bitcoin still has the potential to have a bright future and it won't be like this forever.

Quote

Normally I understand this wasn't the first time BTC has experience this down slide but then it was normally market situations but now many billionares has withdrew interest in this project, then what is the hope of this project? Do you think BTC will experience better and high price?

Bitcoin still has the possibility of experiencing a higher price increase than now and if you look at the billionaires who have withdrawn money and themselves from Bitcoin at this time, it's actually not the end of Bitcoin's life because Bitcoin can still increase even though slowly. And billionaires who have benefited from Bitcoin will definitely return to Bitcoin when they no longer benefit from other projects. So be patient with the current market situation.

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Quote from: Godlovesyou on March 05, 2023, 12:55:25 PM

Normally I understand this wasn't the first time BTC has experience this down slide but then it was normally market situations but now many billionares has withdrew interest in this project, then what is the hope of this project? Do you think BTC will experience better and high price?

Do we missed something? It would be better if you name these billionaires that you're talking about because it's a big news if really true.

Anyway you seem new to Bitcoin and not used to seeing the market in this situation. Because if you're long been here, you'll understand that this season is normal and part of the cycle. The time will come the price will rise again or even surpass the previous ATH. It just takes time so you need to be patient. We're positibe Bitcoin will bounce back again.

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No matter how low the market, surely it'll make a bounce back. Few weeks back we were able to see the price around $17k, and from that point the market bounced and reached to the level of $25k. This a bounce in the market. Maybe it could've taken time, but that shows the growth. This is very simple to under, in the growth chart between years the change is massive and not everyone were able to predict it precise. Maybe when we predict for bounce in market it can move downwards.

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Quote from: aksplace on March 05, 2023, 05:55:59 PM

Quote from: Obari on March 05, 2023, 05:15:47 PM

You have to know that Bitcoin will definitely rise no matter how long it takes and if you're a true believer of Bitcoin and a long time holder then you don't have to be scared and if you're a newbie, I will advice that you hold for long term.

We have reviewed the yearly chart of bitcoin movement and there is no doubt for us to be a future bullish high, all the price movement patterns are not that different and although it may take us some time to reach a recovery high over the next few months I have reviewed this year's move and found a few an indication that a high recovery will soon be achieved and in the next halving period it will have an impact on a significant price increase.

We just hope we recover sooner than later and one thing always significant about all of this halving is that there is always an all time high and I hope you stock more rather than fear and always remember that successful peippe are risk takers.

Quote from: hatshepsut93 on March 05, 2023, 06:02:17 PM

The market is bearish simply because it was too bullish in 2021 and the growth wasn't sustainable - it was a bubble.

I just checked through your profile and it matched my birth year 😂
I don't know why the market is so bearish and why it has stayed long but one ring I'm very sure is that we're coming out strong.

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I doubt that the market is bearish because of some fears over regulation, since there were no actual reasons to feel that way. Governments have been sending mixed and indecisive signals for a very long time, and this is still the case. Bitcoin is not banned in most of the world, and that's already quite a big achievement.

The market is bearish simply because it was too bullish in 2021 and the growth wasn't sustainable - it was a bubble.

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Quote from: Obari on March 05, 2023, 05:15:47 PM

You have to know that Bitcoin will definitely rise no matter how long it takes and if you're a true believer of Bitcoin and a long time holder then you don't have to be scared and if you're a newbie, I will advice that you hold for long term.

We have reviewed the yearly chart of bitcoin movement and there is no doubt for us to be a future bullish high, all the price movement patterns are not that different and although it may take us some time to reach a recovery high over the next few months I have reviewed this year's move and found a few an indication that a high recovery will soon be achieved and in the next halving period it will have an impact on a significant price increase.

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