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Topic: Don't keep your hope in any news of bitcoin (Read 671 times)

full member
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September 19, 2024, 12:31:53 AM
#54
Depends on what you use Bitcoin and how you use it will make you choose if you will depend on news or not ,also your source of your news, how genuine it is. Bitcoin is suppose to be a long-term investment therefore you don't need to boarder about it's pump or dip except you have invested for a short-term and want to sell off,all you have to do right now is keep on buying the dip and holding it in your portfolio ,it is important to note that this is the best time for accumulation no matter how little.
Agree with you. There may be a lot of negative hype about Bitcoin but you should proceed with its reality and positive investment strategies such as depositing as much Bitcoin as you can. Yes an investor may have doubts in determining the best time to invest and most of the newbie investors look for dips and exhaust their investment allocation but he should not waste time and take a quick investment decision and continue to accumulate bitcoins so that he gets more profit. May own a constructive bitcoin holding of assets.

The tendency to invest and hold on consideration of the best time can influence you to accumulate a large bitcoin and if you can use discretionary income regularly, it can be positive for you to run multiple cycles.
member
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September 18, 2024, 03:20:45 PM
#53
Depends on what you use Bitcoin and how you use it will make you choose if you will depend on news or not ,also your source of your news, how genuine it is. Bitcoin is suppose to be a long-term investment therefore you don't need to boarder about it's pump or dip except you have invested for a short-term and want to sell off,all you have to do right now is keep on buying the dip and holding it in your portfolio ,it is important to note that this is the best time for accumulation no matter how little.
full member
Activity: 448
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September 11, 2024, 02:57:42 PM
#52
Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.
The movement of bitcoins is not stable is just been pump and down and for those that have been investing in Bitcoins for a long periods of time are being expecting positive results from the market; and up to today there’s not constant prices of bitcoins, which is even making some people that purchase bitcoins for a long have changed their mind to send at this moment: that they don’t care of any prices anymore.

But i know is just matter of time: They will be actually time that the bitcoin can definitely pump even before halving, because most people that invest in bitcoins are only waiting for halving to arrive so that they can hits enough profits.
hero member
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Watch&Pray.
September 11, 2024, 02:20:05 PM
#51
Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.
Bitcoin is not a get rich quick scheme, so you don't need to cast your hope on it, you're to invest with your descretionary income and hold for a long term. The market is very volatile and it can be mentally disturbing if focused on.

Cast your hope on other things and remove your mind from your Bitcoin investment for your sanity sake, and to achieve that, do not invest more than you can afford to loose in Bitcoin. Your gains would come, most times not immediately, but after a while, your investment would be profitable.

Get a career, find something doing to keep you busy, attempt forgetting that your investments existed and live your normal life independent of your investment, that way you would not l be disturbed by the volatility of the market but would use it as an opportunity to increase your Bitcoin portfolio. You can also continue buying with DCA methods to buy both the pump and the dump, thereby increasing your profitability by smoothening the volatility effects on your investment.
First and foremost for any investor to succeed in Bitcoin investment such investor should apply the maximalists strategy of investing and forgetting though it may be difficult for anyone to do this but it may be necessary to take this move to avoid being much inquisitive of getting profit fast hence we know that the profit is only for the future which is long-term.

Bitcoin investment is not only beneficial to long term investors the short term investors can also make good profit if they are able to understand the market very to know when to buy and when to sell to take profit. A good Bitcoin Holder which I think is the only one who has the money of a maximalists has already prepared not to have a change of plans regardless of the outcome of his investment but then, they are not dependent on the amount invested as they have other sources of income.

A good investor will always check the value of what he has invested to know if he's making profit but that doesn't mean he's going to panic as small me mind investors do but regular check of the market and the current worth of the amount invested will help to keep the investor updated about his next plan of action. A good Bitcoin investor keeps accumulating Bitcoin no matter the current market value.
hero member
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September 11, 2024, 11:22:27 AM
#50
The thread was created on May 01, 2024, 02:39:17 PM and by then the price of Bitcoin was on the rise and the price started declining from the month of July. And now the price is $56870. And also it is not everyone will say the price is on the bear market now and all depends on the ti.e.of coming to the cryptocurrency market. If the person came at the time when the price was $20k then Bitcoin is still at the bullish market for him.

And now the price is going up again against last week price of $54k. Me I still know say the price never enter dip, bear market but at the middle of the two bear and bull. Bitcoin is volatile and because of that we should not depends on anyone prediction but invest in long term and wait for your plan time to harvest.
sr. member
Activity: 616
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September 11, 2024, 10:23:41 AM
#49
Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.
Bitcoin is not a get rich quick scheme, so you don't need to cast your hope on it, you're to invest with your descretionary income and hold for a long term. The market is very volatile and it can be mentally disturbing if focused on.

Cast your hope on other things and remove your mind from your Bitcoin investment for your sanity sake, and to achieve that, do not invest more than you can afford to loose in Bitcoin. Your gains would come, most times not immediately, but after a while, your investment would be profitable.

Get a career, find something doing to keep you busy, attempt forgetting that your investments existed and live your normal life independent of your investment, that way you would not l be disturbed by the volatility of the market but would use it as an opportunity to increase your Bitcoin portfolio. You can also continue buying with DCA methods to buy both the pump and the dump, thereby increasing your profitability by smoothening the volatility effects on your investment.

Bitcoin is an investment thats said to be profitable in the long run and I think it should be treated as one, all hope should not be put in Bitcoin but as smart people we sbould invest and hodl with what we wont regret if anything  eventually happens in the process.
Bitcoin is a continues process but with the little we can afford continuously and steadily because it is not advisable for us to use everything we have to invest because we have to fall back to something, smart people dont invest their all in any investment to avoid any ugly regrettable occurence.
First and foremost for any investor to succeed in Bitcoin investment such investor should apply the maximalists strategy of investing and forgetting though it may be difficult for anyone to do this but it may be necessary to take this move to avoid being much inquisitive of getting profit fast hence we know that the profit is only for the future which is long-term.
hero member
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September 04, 2024, 05:53:00 AM
#48
Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.
But why person go depend on something wey no dey stable but volatile like bitcoin? Na for you to know watin you want use bitcoin as weda nah for transactions use or as investment and then understand how you go take the navigate with am rather than depend on am.

Nah because of say the price the go up and down constantly nah make people the take am as long term investment so that them go fit make and collect  profit from am  anytime the price pump in-between that long term waiting period.

 And one good way to protect your mind from the news and speculations of people and investors concerning bitcoin wey fit cause FOMO & FUD na to just go dead on your investment. Dead in the sense say, no even the listen to those news or speculations, make your mind just dey on how long you don plan on holding your investment.
sr. member
Activity: 840
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September 04, 2024, 03:59:03 AM
#47
You know judging from historical data two months is not even enough for bitcoin to start increasing in price, rather it would take about six months to 1 year interval for the price to change and see potential bull run.
Again from op, anyone who is thinking that bitcoin price will remain positive is like just deceiving themselves because in bitcoin price we see both the price moving up and down, and this is what makes it tradable as an asset.

It's a misconception especially among the newbies that bull run happens in a day. What they believe is what they heard about halving and expect bull run immediately. Moreover, bitcoin is volatile asset and even during the bull run we can still expect uptrend and downtrend. Bull run doesn't mean stagnant price or only positive trend. It's important for people to know this things and not blindly investing based on hype and speculation all in the name of FOMO. I do blame those acclaimed crypto experts deceive newbies in crypto just to score cheap popularity.

Exactly my point, this is what am trying to explain, people have a lot of time to plan a good budget before the increase take place, it is the newbies that haven't familiar with the  bitcoin halving by now, but the high ranked members have get use to it.

Lol  Grin High forum rank is one thing and having crypto knowledge is another. In as much as account rank depict experience in crypto space, it's not a basis of measurement of crypto knowledge. In essence, what I'm trying to say is that some newbies account are more familiar than people behind high rank accounts. Some high rank accounts are just Privileged to be here early but they don't possess half of knowledge that some newbies account have.
hero member
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I can not agree more. This is what I would have posted. Bitcoin do not increase in price immediately after halving, it can take 2 or more months before the price will start to increase.
You know judging from historical data two months is not even enough for bitcoin to start increasing in price, rather it would take about six months to 1 year interval for the price to change and see potential bull run.
Again from op, anyone who is thinking that bitcoin price will remain positive is like just deceiving themselves because in bitcoin price we see both the price moving up and down, and this is what makes it tradable as an asset.
jr. member
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Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.

Bitcoin is not natural and any artificial things does not last long, it has a lot of vantage and also has a lot of penalty, just because someone invest on bitcoin does not mean that they hinge on it, the venture that is roaming around about bitcoin as become something that is disheartening some people from investing on bitcoin, earning a lot of profits in bitcoin make everyone to be enthusiasm.

As a Bitcoin enthusiast you suppose know say bitcoin na volatile currency.De volatile means say the price of Bitcoin no stable,at one point e go increase and decrease,so na traders dey time the market wen the price high so dat dem fit sell to make quick profit but for the holders dem dey accumulate BTC for long period of time and when the bull run season reach which go give huge return dem go sell.Person wey know wetin ehn dey do no go dey follow misleading informations online,all those bloggers wey no even dey into BTC dey really mislead newbies well well.Now halving don pass most bitcoin enthusiast dey expect de price to high in an twinkle of an eye no be so oh after the halving e go take some months before the price go increase.

It is rumormongers that are posting fake news saying that immediately after Bitcoin halving the price of commodities rise higher, and that discourage people from investing with bitcoin, they believe does fake news without any futher investigation, and some traders are so greedy, they will be hoping that the price of things should rise higher so that they should make a lot of profits.

but di truth be say research don show say bull run no de start immediately after halving. Any investor wey de hudl Bitcoin no suppose to de focus on di short term pump and dump price speculations, because na long term project im suppose be.
I can not agree more. This is what I would have posted. Bitcoin do not increase in price immediately after halving, it can take 2 or more months before the price will start to increase.



Exactly my point, this is what am trying to explain, people have a lot of time to plan a good budget before the increase take place, it is the newbies that haven't familiar with the  bitcoin halving by now, but the high ranked members have get use to it.
hero member
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Well, no need to panic that’s why we have this slogan “Do Your Own Research (DYOR)” and this simply means that, regardless of the means through which you get a crypto related news, you should do your own proper research and not act according to or based on the news you got because at the end of the day, you’re solely responsible for whatever actions you take.

On this note, doing your own research keeps your forearm and mind you, everyone and anyone can predict the market based on what they think and that’s why you shouldn’t rely on just what you were told.
There is actually no need to panic on any news related to Bitcoin price, we have seen a lot of news that do drop Bitcoin price and after sometime, the Price of Bitcoin do bounce back and even surge above the price it was before the ad news.

I think people that have the intention of making quick profit from their Bitcoin investment are the ones panicking because they have target quick profit, therefore, instead of them to allow the price dump below the amount they bought the coin, they will rather sell the Bitcoin in their position to be safe in their opinion, not knowing that if they use DCA method to be buying at anytime will give them more profit and will help them accumulate more Bitcoin in their portfolios.

Doing extra research is very important, but you know our country people, we too like shortcut brother; we go just they look for quick money and we no fit wait for that long time before we go cashout especially because of peer pressure, na whysome of new Bitcoin investors in Nigeria they only buy if the price they low and sell once they get small profit, and some of them self don migrate go altcoin and some shitcoins were them go get quick money.
lol
Your last actually got and I couldn’t even stop laughing really heard as you too also know say this our country no Dey take any slightest chances with anything get to be like free money and just with the case of chamby wey just happen yesterday, you go notice say, na our country na e name full for list of people wey sell and this na because we believe say a bird at hand worth pass two for bush.

Away from that, I still Dey blame mentors of most of these persons wey Dey panic sell because I believe them no Dey give their mentees the right orientation.
sr. member
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Well, no need to panic that’s why we have this slogan “Do Your Own Research (DYOR)” and this simply means that, regardless of the means through which you get a crypto related news, you should do your own proper research and not act according to or based on the news you got because at the end of the day, you’re solely responsible for whatever actions you take.

On this note, doing your own research keeps your forearm and mind you, everyone and anyone can predict the market based on what they think and that’s why you shouldn’t rely on just what you were told.
There is actually no need to panic on any news related to Bitcoin price, we have seen a lot of news that do drop Bitcoin price and after sometime, the Price of Bitcoin do bounce back and even surge above the price it was before the ad news.

I think people that have the intention of making quick profit from their Bitcoin investment are the ones panicking because they have target quick profit, therefore, instead of them to allow the price dump below the amount they bought the coin, they will rather sell the Bitcoin in their position to be safe in their opinion, not knowing that if they use DCA method to be buying at anytime will give them more profit and will help them accumulate more Bitcoin in their portfolios.

Doing extra research is very important, but you know our country people, we too like shortcut brother; we go just they look for quick money and we no fit wait for that long time before we go cashout especially because of peer pressure, na whysome of new Bitcoin investors in Nigeria they only buy if the price they low and sell once they get small profit, and some of them self don migrate go altcoin and some shitcoins were them go get quick money.
sr. member
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Let love lead
Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.
Bitcoin is not a get rich quick scheme, so you don't need to cast your hope on it, you're to invest with your descretionary income and hold for a long term. The market is very volatile and it can be mentally disturbing if focused on.

Cast your hope on other things and remove your mind from your Bitcoin investment for your sanity sake, and to achieve that, do not invest more than you can afford to loose in Bitcoin. Your gains would come, most times not immediately, but after a while, your investment would be profitable.

Get a career, find something doing to keep you busy, attempt forgetting that your investments existed and live your normal life independent of your investment, that way you would not l be disturbed by the volatility of the market but would use it as an opportunity to increase your Bitcoin portfolio. You can also continue buying with DCA methods to buy both the pump and the dump, thereby increasing your profitability by smoothening the volatility effects on your investment.
hero member
Activity: 602
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A Proud Father of Twin Girls 👧 👧
Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.
Well, no need to panic that’s why we have this slogan “Do Your Own Research (DYOR)” and this simply means that, regardless of the means through which you get a crypto related news, you should do your own proper research and not act according to or based on the news you got because at the end of the day, you’re solely responsible for whatever actions you take.

On this note, doing your own research keeps your forearm and mind you, everyone and anyone can predict the market based on what they think and that’s why you shouldn’t rely on just what you were told.
sr. member
Activity: 756
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Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.

If you know and understand what Bitcoin you will not put hope in Bitcoin or let the news of what people are saying give you hope about how Bitcoin is going to be and how the market is going to be, as an investor you have to understand that the market of bitcoin can change, even a second can change the price of bitcoin and that is why you can never put hope and waiting for the price to rise so that we can make a god profit, although it is not bad to be expecting a bill run you don’t have to put hope on bitcoin so much because it will make you think otherwise.

This is the reason why some newbie find it difficult to believe in Bitcoin because they always think that once they invest in Bitcoin the price will rise and they will make a profit but after not seeing what they expect some of them will think maybe he or she waist money to buy bitcoin and you can see why some of them sell their coin even if it is just small profit.
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Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believe that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.

Yes, crypto news is very unstable and contradictory, but crypto itself is. And you don't expect people to predict it like it's some kind of magic trick. Only traders get to worry about the news though, investors don't.

Cryptocurrency news may sometimes be a struggle since one wouldn't even know what to believe anymore. I've faced this countless times and it ends up discouraging people. One thing is sure though, as an investor, a long-term investor, in Bitcoin especially, there's no loss for you or bad news
sr. member
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If we no go keep our hope in any news about Bitcoin wetin we go come dey do... If Your Psychology whine you from one news wey no jel well na to continue to DYOR na. Because the Tru talk be say Hope full body for Bitcoin and na to invest and chilax be the real Koko.

We keep saying this that bitcoin investment is not a get rich quick scheme, and before one should think of profit he or she have to first build a nice bitcoin stashes first. Because without having enough bitcoin or having good amount of bitcoin you won't endup with good profits . They are speculation that Bitcoin may it $100k which is obvious but they can't actually tell when it's gonna happen so we have to focus on accumulating and holding till we have gotten enough bitcoin.

Comes everyday, people must speculate about the price of bitcoin. So it's now left for you on how you go digest the news wey you hear about bitcoin, whether to allow it get to it or disregard it.

One thing that is sure at this time of the market be sae, the good news of the bull run will overshadow the bad news to be receive. So em better to get hodling and to be moved by fud cos some of this fud na to create panic so that you go sell your bitcoin out of fear.

See one thing you have to know is that is just a mere speculation, it may happen or not , or it may even increase more than the speculation price so no one can actually tell the best thing is to be In the safer side by having a enough bitcoin stashes on your portfolios.
jr. member
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If we no go keep our hope in any news about Bitcoin wetin we go come dey do... If Your Psychology whine you from one news wey no jel well na to continue to DYOR na. Because the Tru talk be say Hope full body for Bitcoin and na to invest and chilax be the real Koko.
sr. member
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As a Bitcoin investor there are some things that one shouldn't even keep an keen ear on and one of them is the news of Bitcoin price hype because they are some certain news that you would get to hear that might actually make you even think of tempering with your coins and that is actually the wrong step to take especially if you are planning on holding for a really long time. A long term investment understand that no matter what Bitcoin value is still going to hit the uptrend so why bother of the news except if you are keen on knowing when to buy big during the dip

I'm not sure with your statements but I disagree with some of the things you say. If not for the price hype, do you really think Bitcoin will reach where it's right now that fast. It can achieve it but not as fast as it has. Look at when Donald Trump says good things about Bitcoin, traders and investors were quick to hype it for the market but as soon as some traditional market crashes, Bitcoin was quick to follow down the trend. There are some price Bitcoin has achieved that are not hype and it would never go beyond there.

As much as Bitcoin remain of the best coin and a digital currency, it need hype to survive. In fact, many things around the internet are now on hype otherwise some will not survive. However, the real fundamental aspect that contributed to Bitcoin can't be under look, Bitcoin has made name for itself based on the belief that it's a decentralized currency and one and only true coin.
sr. member
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Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide,
Wetin I Dey recommend to people be say, if you wan put money for bitcoin, make sure say na for long term, so if you don buy the bitcoin, just commot your mind for that side self, any news wey happen either good or bad news, e no suppose move you, the people wey suppose Dey disturbed about the news wey Dey happen na people wey Dey trade, because any slight movement against their trade fit make dem lose money. But anybody wey wan hold, make him just buy am commot eye for that side.

because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year,
You self funny ooo, reason am well now, how bitcoin price go Dey go up through out the year without any correction happening, e no really possible now. Even if bull run start, time go come wey be say the market go red, and time go Dey wey e go green. Also the main reason why people Dey speculate this year about bitcoin pumping na because of Halving wey happen few months ago. Plenty people think say immediately halving, then bitcoin go just Dey pump, but no be so e be.

Halving wey happen dis year, bull run self fit no happen dis year, and e fit still happen, nobody Dey sure when we go see bull run, but make we just know say market na up and down.

whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.
I Dey reason say you no really sabi Wetin crypto Dey about before joining, and you no really care to get more knowledge, you for no Dey talk like dis. I no see anywhere wey market depreciate like that, Wetin I Dey see na up and down, and e Dey normal for crypto.
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Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.
Maybe your news source could also be a problem to you especially if you are much dependent n what people tell you and not have a legitimate source where you get your news from which can be verified as the actual true happenings in the bitcoin space they you are really goin to find it difficult getting the actual news that can be reliable and dependable enough. well the taught that bit coin will will be goin up everyday in the year is just a fallacy that is propagated amongst newbies who are yet understand fully the dynamics of bitcoin. but then your opinion about bitcoin dropping daily i snot a factual taught because there have been times it went down and it also came back up there after.

normally you shouldn't be expecting the price to be in an only upward direction because usually bitcoin according to the normally movement doesn't goes sup like every other commodity in the market then comes back for a correction down wards after which it then retrace back upwards and then becomes a trend which we can see as its actual direction.
sr. member
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Let love lead
but di truth be say research don show say bull run no de start immediately after halving. Any investor wey de hudl Bitcoin no suppose to de focus on di short term pump and dump price speculations, because na long term project im suppose be.
I can not agree more. This is what I would have posted. Bitcoin do not increase in price immediately after halving, it can take 2 or more months before the price will start to increase.
Bitcoin price pumping does not have any definite time frame to commence, it surely takes time and are dependent on many factors like scarcity in supply, more adoption, bigger trading volumes, more integration into various financial processes and companies as a medium of payment for goods and services, technological upgrades and good improvements in the infrastructure of bitcoin as a whole can foster more adoption and trigger price increase.

in a nutshell, the more factors that trigger more adoption and usage of bitcoin, the faster the bull run comes and it is notable that when demands for the precious coin really surpasses supply, the scarcity introduced is very instrumental for the price increase.
sr. member
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Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.

As a Bitcoin investor there are some things that one shouldn't even keep an keen ear on and one of them is the news of Bitcoin price hype because they are some certain news that you would get to hear that might actually make you even think of tempering with your coins and that is actually the wrong step to take especially if you are planning on holding for a really long time. A long term investment understand that no matter what Bitcoin value is still going to hit the uptrend so why bother of the news except if you are keen on knowing when to buy big during the dip
hero member
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so I don't know why bitcoin can not be depending on.
I do not understand what you mean by this your statement above.
I wanted to asked too. Bitcoin can be depended on and all how you plan it with the investment. When you plan wrongly then you lose but if you plan well then you will smile. And always be calculative. And what I mean by calculative. Know when to invest and plan ahead to know when to sell. But if you don't have any plans and just invest like that then you will be afraid to lose your funds.

As a good investor, you don't have to fear when di price dey go down because dat should be an another opportunity for you to invest again to add it to your previous investment.
hero member
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I think newbie invest are the people who always have this mentality because those who has spent decades holding bitcoin can never be moved and triggered by any price speculation besides only those who are holding for short time could have this making that when a very good news appears bitcoin gonna creates new price but instead on the reverse.

There are those that have been hodling for a longer time but still get triggered by news especially bad news. Maybe during the time they were hodling, the news weren't as bad as they are now so it makes them feel uncomfortable hodling. Recently there was news of Germany selling and then Mtgox is also going to distribute some Bitcoin that is likely going to end up in the market because of people selling. There could be some old hodlers that will still be triggered by this FUD and sell with hopes to rebuy when the FUD is over but they lose their strong position in Bitcoin wey dem been get because the market fit leave them behind.
You wouldn't be surprised that this may not likely happened I mean the fud that could come from MtGox because currently market doesn't obey any law like dump or something similar because there are some news initially that was meant to affect the market although it affected but doesn't last after few days the market bounce back from 55k to 65k plus currently. But those who knows there way would hold tight even though the market went sideways it wouldn't affect them.
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I realize say after di halving, many newbies de expect say Bitcoin price go begin to surge and we go enter bull run immediately, but di reality now be say price de dip di more everyday, and some of dem panic and de rush to sale dem Bitcoin, but di truth be say research don show say bull run no de start immediately after halving. Any investor wey de hudl Bitcoin no suppose to de focus on di short term pump and dump price speculations, because na long term project im suppose be.
E fit interest you say no be only newbies wey been dey reason like that, even some people wey don dey the industry for long come dey follow dey feel the same thing, simply because of the news and general speculation them hear say halving dey come with bull run but wetin them supposed do na to first do them own research because crypto market get rules and regulations.

Asides the market being naturally volatile, e get plenty factors wey dey contribute to the temporary movement if the crypto market, and again, we no go completely rely on past performances, come carry am put for present or future, say because e happen like this last year, e go also happen like that this year or next year, e go only lead to to making careless decision, because human being no fit predict wetin go happen for future, so we gats first realize say those speculations we dey hear and dey follow blindly na still human being predict am, and if we go follow am without doing our own research, e fit land us for big wahala.
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Comes everyday, people must speculate about the price of bitcoin. So it's now left for you on how you go digest the news wey you hear about bitcoin, whether to allow it get to it or disregard it.

One thing that is sure at this time of the market be sae, the good news of the bull run will overshadow the bad news to be receive. So em better to get hodling and to be moved by fud cos some of this fud na to create panic so that you go sell your bitcoin out of fear.

If you have made up your mind to hold bitcoin for the long term, which means that you have trusted it, you will undoubtedly benefit from it if the price rises, so when you hear bad news about bitcoin, you should just mind your investment and not be afraid because some people like selling so that you don't have any anymore, so you will do things that will make you scared and sell your coins. So even if you see the price is lowering, you should not sell it because he will absolutely raise it since is volatile increase and decrease when people are selling very well, he makes the price to be reducing and when you have some money you should just top your bitcoin again because when heis raising again you will get more profit.

Now that the bitcoin price is steadily rising again, you will recoup your losses if you did not sell when prices were falling. If you believe in bitcoin, anything that people say about it will make you smile and don't mind them because when you try to talk, they will say things that are unnecessarily, so it is better to focus on our goal and stop worrying about what others are saying because that will strengthen your heart.
legendary
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If you don exists for the space for some time, you suppose understand say, online and offline, people go always talk as them please. That no mean say, them Dey right or wrong, na them simply sharing their views as them see fit. At the end of the day, e fit turn out to be true or lie. All depend on how the person way Dey receive am action the message. No forget say, no be only one person Dey give these speculations. As Mr. A Dey talk right, na so Mr. B Dey talk left. E fit fall to anybody and that no mean say, you sabi the market, the market was just responsive to your idea and that’s it. E no pass like that.

Na why e Dey important say, make you try Dey run your own analysis on the market. Using the various technical, fundamental and sentimental tools way Dey available to you. You gats Dey learn to trust in your own abilities because for this we trade eh, nobody sabi pass.
legendary
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One thing that is sure at this time of the market be sae, the good news of the bull run will overshadow the bad news to be receive. So em better to get hodling and to be moved by fud cos some of this fud na to create panic so that you go sell your bitcoin out of fear.
One thing wey me i don understand be say many people wey dey hodl bitcoin they allow fud affect them and e dey influence the price, you see as bitcoin dump when Germany begin sell their coins, as they sell finish bitcoin begin pump again, and now e dey above $62k. The next one now na distribution of lost coins by Mt.gox, that one too go cause a dump in the price of bitcoin, people don already dey fear and dem don ready to sell their coins or move am go stablecoins during that event. If you believe in bitcoin, then no worry yourself with news of fud or if price dey fall; it is temporary.
hero member
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Comes everyday, people must speculate about the price of bitcoin. So it's now left for you on how you go digest the news wey you hear about bitcoin, whether to allow it get to it or disregard it.

One thing that is sure at this time of the market be sae, the good news of the bull run will overshadow the bad news to be receive. So em better to get hodling and to be moved by fud cos some of this fud na to create panic so that you go sell your bitcoin out of fear.
hero member
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Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.
This perspective of yours has made it very clear and obvious you are in for the short term. It may sound like a very good idea to not depend on the price of bitcoin at this point of instability but if you have been following up with price action around Bitcoin then you are going to agree that Bitcoin is not in such a very bad state and form such that you wouldn't want to put some dependency on it. if you are in for a long term, you wouldn't even be thinking of not putting to mind that bitcoin is falling. this up and down movement has been the normal pattern of the market and you cannot totally put it out that bitcoin isnt goin up. just wait small you sef go see am say BTC go rise and you sef go cash out small but no be one day tin.
Omo the way Bitcoin dey fluctuate now go make a lot of people wey dey hold their coins for a short period lose money well well because as you plan to sell when the price dey high na so e dey also dey come down sef instantly. And if you dey save for the short term period or cashing out, you fit end up losing so much because the entire concept of keeping Bitcoin to get better profits na when you keep for long time.
full member
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Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.
This perspective of yours has made it very clear and obvious you are in for the short term. It may sound like a very good idea to not depend on the price of bitcoin at this point of instability but if you have been following up with price action around Bitcoin then you are going to agree that Bitcoin is not in such a very bad state and form such that you wouldn't want to put some dependency on it. if you are in for a long term, you wouldn't even be thinking of not putting to mind that bitcoin is falling. this up and down movement has been the normal pattern of the market and you cannot totally put it out that bitcoin isnt goin up. just wait small you sef go see am say BTC go rise and you sef go cash out small but no be one day tin.
legendary
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Recently there was news of Germany selling and then Mtgox is also going to distribute some Bitcoin that is likely going to end up in the market because of people selling. There could be some old hodlers that will still be triggered by this FUD and sell with hopes to rebuy when the FUD is over but they lose their strong position in Bitcoin wey dem been get because the market fit leave them behind.
Na true, thank God say Germany don sell all coins wey dem been get for their reserves, as dem sell finish, we begin see say bitcoin begin pump again, as i dey type this, bitcoin dey very close to $60k. The next event wey go affect the price go be Mt.gox distributing lost funds back to people wey been lose am when they hack dem many years ago, i no know if e go get as much impact as Germany selling every bitcoin we dey their reserve, but we go see.

People wey go sell, go sell, but that one no suppose concern person wey believe in bitcoin, the price go only fall temporarily, so na just to dey patient, e no pass like that.
legendary
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I think newbie invest are the people who always have this mentality because those who has spent decades holding bitcoin can never be moved and triggered by any price speculation besides only those who are holding for short time could have this making that when a very good news appears bitcoin gonna creates new price but instead on the reverse.

There are those that have been hodling for a longer time but still get triggered by news especially bad news. Maybe during the time they were hodling, the news weren't as bad as they are now so it makes them feel uncomfortable hodling. Recently there was news of Germany selling and then Mtgox is also going to distribute some Bitcoin that is likely going to end up in the market because of people selling. There could be some old hodlers that will still be triggered by this FUD and sell with hopes to rebuy when the FUD is over but they lose their strong position in Bitcoin wey dem been get because the market fit leave them behind.

Both the new hodlers and old hodlers still need to be reminded that no matter how bad the FUD is, is not worth selling your Bitcoin. Na only person wey dey hodl na him go fit benefits so anytime wey you wan sell your Bitcoin, just know say you dey throwaway a chance to make profits when everywhere good for Bitcoin and this one no be assumptions because no matter how low Bitcoin fall, e go still rise and na wetin make investing in Bitcoin is labeled a calculated risk investment as your chances of losing are slim when you just buy and hodl.
hero member
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I think newbie invest are the people who always have this mentality because those who has spent decades holding bitcoin can never be moved and triggered by any price speculation besides only those who are holding for short time could have this making that when a very good news appears bitcoin gonna creates new price but instead on the reverse. Even though we found out that bitcoin is always being driven by news it shouldn't be something to entirely rely on as it may fall unprecedentedly while hoping for the best, as a trader investor who is keen's to hold bitcoin for some specific duration of time, months or years should only walk on their plans otherwise no need hoping on news.
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Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.

Many individuals have already made huge profits from Bitcoin investments and many have also seen significant losses. Bitcoin price is determined by market factors and demand and changes just like any stock. However, we have also seen earlier that the price of Bitcoin was relatively stable and the price was relatively low. Again, with the change of time, we also observed that the price increased several times after overcoming this stability. To counter the bull argument that scarcity makes Bitcoin valuable, we also know that the lack of government and corporate intervention makes Bitcoin an attractive prospect for many modern investors. I think Bitcoin is a good place to start investing if we want to diversify our investment portfolio by supporting cryptocurrencies.
sr. member
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Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.

Normally we supposed know say Bitcoin na man made, so we no go dey expect am to dey, dey permanent everytime, sometimes e go appreciate, sometimes e go depreciate, na e mk dey say if person wey no fit dey control e emotions or wey no get patient no fit join, as e go dey fluctuating at times, and some people fit dey fall sick wen e no dey go as dey plan am to dey go. So if person won depend on Bitcoin, mk e no really put all mind for der, mk e carry am for mind say e fit fall or rise at anytime.
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Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.

Your entire post took me a while to read cause you made a lot of typo error, try dey crosscheck watin you dey write before you post am, I don't see how anyone is depending on bitcoin except those that are short term investors that maybe took all their life savings and invested in bitcoin in the name of bull run, but this hardly concern long term investors that has seen all this countless times or are more focused on just accumulating bitcoin and trying to grow their stash in bitcoin.
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but di truth be say research don show say bull run no de start immediately after halving. Any investor wey de hudl Bitcoin no suppose to de focus on di short term pump and dump price speculations, because na long term project im suppose be.
I can not agree more. This is what I would have posted. Bitcoin do not increase in price immediately after halving, it can take 2 or more months before the price will start to increase.

Yes several times I have gone through some Post indicating that after halving there always some drop in BTC before the main bull run will commence, having the feeling that everything will just rise immediately is lack of the market knowledge, for op saying about not having hope without putting hope weather the news is positive or negative how will one be motivated to buy currently as dip is on, hope is a tool that make investor who is willing to buy and hold because BTC must surely rise when the Bull will fully kick start, good information matters for any who is into this market, for me this is the right time to put All hope in buying while awaiting the due day buy holding as many as one can hold .
sr. member
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Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.
Any news you see about bitcoin is just for the main time, so it is better to ignore if not it might ignite you wanting to sell,  from the nature of the price you will know that it is influenced be one news. And that is one of the elements that affect the price and specifications is news and that is one of the reasons that predictions fails sometimes.

And that is why I don't really consider trading, prefer to hold and ignore till the price goes up no stress. There was prediction after halving and now due to some particular news the price started depreciating.
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I can not agree more. This is what I would have posted. Bitcoin do not increase in price immediately after halving, it can take 2 or more months before the price will start to increase.


We should do our best to equipped the free flowing profits in the system. The trending news about bitcoin doesn't end end because there's more coming to displaced our settlement in the system. It have become difficult these days getting help because everyone is keen on making money and they wouldn't allow any barrier to stop them not when they're very close to achieving their target. I would say this halving is just overhyped and it's inappropriate for those investors that have gained enough stands in the system.
hero member
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If you know you know. Usually during halving and after it, the price of bitcoin dey go down and that na because some whales want go buy cheap so dem go dump their huge hodling causing fear for the market and weak hodlers and short term hodlers go begin leave the market make dem no lose their small profit while they will miss the bigger gain at the long run. So when price don drop from high selling price, people buy back from bear and that time the real bull go take place and this is almost like a year after halving.

So no need to panic at all. Bear time like this na better season to gather more coins whether btc or altcoins and then wait for bull run.
hero member
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The truth is that speculation and news has greatly affected the mindset of most people who wants to invest on Bitcoin because before this time their has been numerous speculation that Bitcoin price will drop drastically while others believe that instead of depreciating the price will keep soaring and most starters became confused on the right moment they could start accumulating Bitcoin, although Bitcoin price has gone down a lot but that shouldn't be a determining factor for someone to start investing on Bitcoin, although it all depends on the intention of the investors because one thing I understand is that most of those people who are into trading are the ones that normally look for a drop on Bitcoin price before they could start investing but however if your intentions on Bitcoin is for a long term holding I don't see the reason why either speculation or news will determine your investment decisions on Bitcoin so no matter the current price of Bitcoin shouldn't prevent someone from accumulating.
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As a Bitcoin enthusiast you suppose know say bitcoin na volatile currency.De volatile means say the price of Bitcoin no stable,at one point e go increase and decrease,so na traders dey time the market wen the price high so dat dem fit sell to make quick profit but for the holders dem dey accumulate BTC for long period of time and when the bull run season reach which go give huge return dem go sell.Person wey know wetin ehn dey do no go dey follow misleading informations online,all those bloggers wey no even dey into BTC dey really mislead newbies well well.Now halving don pass most bitcoin enthusiast dey expect de price to high in an twinkle of an eye no be so oh after the halving e go take some months before the price go increase.
legendary
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I realize say after di halving, many newbies de expect say Bitcoin price go begin to surge and we go enter bull run immediately, but di reality now be say price de dip di more everyday, and some of dem panic and de rush to sale dem Bitcoin, but di truth be say research don show say bull run no de start immediately after halving. Any investor wey de hudl Bitcoin no suppose to de focus on di short term pump and dump price speculations, because na long term project im suppose be.

I remember say I dun talk for similar thread for this local board based on this same issue. We no suppose dey fear when Bitcoin dey crash. How bad can it be na wetin we suppose dey ask ourselves because no matter wetin the market like we're no longer in the days of the continuous bear market. Na bull we dey enter like dis so no matter how Bitcoin fall reach in a few period of time e go begin to go back up. If na those days of bear market na when we suppose to dey fear say Bitcoin dey fall but for now make we just dey see all this ones as initial gra gra wey Bitcoin dey do to drive away weaker hands so only those wey get full confidence go benefit when Bitcoin begin dey increase.

This one wey the OP dey title this thread say make we no keep hope on any news of Bitcoin I no understand because if we no keep hope, how we go get mind dey invest inside Bitcoin. The thing just be say make we no believe say na this particular time wey Bitcoin go increase or decrease because anything can happen. Wetin you need to dey do na to dey buy Bitcoin and dey hodl, future go reward only those that had the patience to hodl unto their Bitcoin.
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That's true and such emotions is basically effective to the beginners and those who're natural sentimental and just wanted the movements of the bitcoin market to roll over their favours.
Bitcoin investment is not for the weak that can't take control of their investing emotions.
Prediction of the bitcoin price doesn't in anyways contributes to the market rather speculations only wide spreads to bring volume of adoption of bitcoin by the investors.

Bitcoin is highily a non custodian digital currency which not even its Investors predictions and hyping can contradict its potentials and reputations suffer as it's not one of the AltCoins and the MemeCoins.
sr. member
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Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.

People that think that bitcoin price will grow immediately after halving are not just naive people but also propel that I think have invested what they cannot afford to lose in bitcoin and they are expecting to take profits soon. Even the past Bitcoin history the bull run as everyone as stated didn’t start immediately after the halving but months after it. This time although quite different during its pre halving market pump, the price will make heavy corrections and to me we have just started. They are different news surrounding bitcoin this days so when you come across any one spreading a narrative or speculation about bitcoin shouldn’t be regarded and one should just learn to be patient
hero member
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Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.


After the Bitcoin halving, it is expected that the price of Bitcoin start to dump drastically due to price correction, and that price can take the price of Bitcoin to an unfavourable depth to all investors who are holding, but at the same time it can be seen as an opportunity to accumulate more. I don't know where you got your idea from, but it is generally know for the price to dump after the halving. This is why we should verify the informations we get online especially from some influencers on X, and other social media before we take them into our pool of memory are share them as ideas, because one can be misled by just hearing or reading your post.
hero member
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so I don't know why bitcoin can not be depending on.
Depended on via as a job or as a mechanism of making daily profits. The worst mistake wey peso go fit do na to assume such about bitcoin wey go make them depend and put their hope on bitcoin sae bitcoin investment go be like a job provided for them. So make them they invest on am the go since there is every tendency of them making profits out of their bitcoin investment. If bitcoin later go otherwise, them go begin to the complain the give people on bitcoin disappointed them.
hero member
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so I don't know why bitcoin can not be depending on.
You sef fes tok am say the news on Bitcoin dey contradictory and @Kelward don tok am say nah very volatile coin we dey deal with and as such e go dey unwise to depend on e price. The reason we dey advise people to trade with wetin dem fit afford to lose nah of the off chance say price no dey favorable and them run into loss, them no go so feel am.
 For this halving, many people wey never experience am before go feel say as soon as e come, the price of Bitcoin go shoot sotey people wey invest go gain excess immediately but that nah misguided information. Bitcoin go rise but no be immediately but that no mean say we no go dey drop ear for news about whether e go go up or not.
legendary
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but di truth be say research don show say bull run no de start immediately after halving. Any investor wey de hudl Bitcoin no suppose to de focus on di short term pump and dump price speculations, because na long term project im suppose be.
I can not agree more. This is what I would have posted. Bitcoin do not increase in price immediately after halving, it can take 2 or more months before the price will start to increase.

sr. member
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Di crypto market de volatile, dat na why we no fit to say Bitcoin price must be dis or dat in di future, na only speculations we fit to do, and every experienced Bitcoin holder suppose know say na so e be. Aldo events wey concern di world like wars, finance and oda breaking news fit to affect di price, also whales fit to dump dem Bitcoin to manipulate price, but in all na demand and supply de determine im price.

I realize say after di halving, many newbies de expect say Bitcoin price go begin to surge and we go enter bull run immediately, but di reality now be say price de dip di more everyday, and some of dem panic and de rush to sale dem Bitcoin, but di truth be say research don show say bull run no de start immediately after halving. Any investor wey de hudl Bitcoin no suppose to de focus on di short term pump and dump price speculations, because na long term project im suppose be.
sr. member
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so I don't know why bitcoin can not be depending on.
I do not understand what you mean by this your statement above. No one needs to depend on bitcoin for anything. If you are using bitcoin for daily transactions by now that person should ha e known that, bitcoin price movement can pump or dump at anytime, and that is one of the reasons why most people us bitcoin as an investment rather than for an alternative payment method, especially the poor and average class.

Anyone that has invested in bitcoin should have known by now that the price of bitcoin is not stable and he should be less concerned about the price movement, but use this advantage to buy more Bitcoin in a discount price since he is holding for long. We have just past the halving event, and it is not expected for bitcoin price to just start pumping, but there will be a dip in price for it to be able to pump higher in the next few months.

Don't be discouraged in the dip of bitcoin price, it is a norm, and invest with only the amount that you can avoid to lose so that you don't too depend on the price of bitcoin to pump alone. The price of bitcoin cannot be predicted on her next move.
full member
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Sometimes the news of bitcoin maybe contradictory and when hoping on positive news of bitcoin you maybe backslide, because many people have thought that the price of bitcoin is now getting upright but it shock some people who hoped-for speculation of Bitcoin and believes that as people speculate on price of bitcoin that the price will be going up all through this year, whereas the price of bitcoin is depreciating in the market almost every day, so I don't know why bitcoin can not be depending on.
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