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Topic: Heading into 2024 crypto year: what are your hopes and fears? - page 2. (Read 159 times)

hero member
Activity: 658
Merit: 519
Leading Crypto Sports Betting & Casino Platform
The crypto market is something that cannot be predicted as there are some news that will affect the price of bitcoin negatively and positively. We saw how the news of bitcoin ETF approval has made bitcoin price get to the level it is now. The halving is around the corner and much is expected by investors from the halving even on bitcoin price.

You shouldn't be expecting too much from bitcoin because nobody know where the price is heading to maybe it will dip or pump, since SEC hasn't yet approved bitcoin ETF that rumors was going on that it will be today. This is why I am using the opportunity to continue with my bitcoin accumulation so that whatever 2024 brings to us on bitcoin price wouldn't be a problem to me because I am looking forward to the bull run, which I am preparing towards.

My fear is that bitcoin transaction has become expensive and what if the fee did not subdue because more BRC20 token will soon be created this year. Also the plans of government trying to to see how they can kill the privacy that bitcoin gives to its users.
hero member
Activity: 1540
Merit: 564
Eloncoin.org - Mars, here we come!
I would share a very Uber level information when it comes to my hopes and fear.

Hopes:
Pretty obvious that I am hoping for a better year than 2023 or atleast the same as 2023 because 2023 had been a good year we have seen Bitcoin pump and Altcoins have rallied as well. I am hoping this year don't have any corrections phase or even if we have then I wish to be prepared for it. More crypto adoption would be great.

Fears:
There is a slight fear that centralized exchanges will be targeted more often and made to act as per regulators and we have already seen how exchanges were targetted and there are news about Apple app store removing major CEX from their Indian market due to non compliance with Indian anti money laundering law.
jr. member
Activity: 55
Merit: 1
2023 provided lots of mixed feelings especially from Q1-Q3 but the Q4 saw lots of sparkles as investors and traders alike who were hoping BTC could close the year at $35k saw the mother of crypto touch down $44.5k before the close of 2023. For me $SOL and BRC-20 tokens like $ORDI and $SAT gave me the surprise of my life. Am sure am not the only one in this category.

While I was assessing my gains and losses and strategizing on how to navigate through 2024, I came across an article from Gracy Chen, the M.D of Bitget highlighting the challenges and victories of 2023 while expressing her Optimism for the year 2024 especially with the possible approval of the blackrock Bitcoin spot ETF and I share her sentiment that 2024 could be another year for the moon boys.

I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights (Edited)

I have same bias about brc20 tokens this year. Let's hope the momentum continues. Can you send the link to gracys article?

Yeah
https://www.bitget.com/blog/articles/2024-crypto-year-open-letter-from-gracy
jr. member
Activity: 55
Merit: 1
Nobody can tell for sure what will happen or of we will break the immense psychological resistance of 100k, but we can talk about hunches or sentiment.

Taking into account the news about incoming ETFs, the halving in the next months, the price action of 2023 and the pattern of cycles that repeat every 4 years approximately, I am quite optimistic for Bitcoin, and I'm almost sure that if Bitcoin takes off, many alts will have an incredible ROI, especially low caps.

We could lose it all too, the future is uncertain by nature, so I would avoid going all-in too, not to get our fingers burnt.

From what i observed yesterday night, I think there is every possibility that BTC would touch $100k or above if the BTC spot ETF is approved, BTC rose to $48k last night after a fake rumor of SEC approval hit the net before retracing back to $45k after it was observed the news was fake. It is now clear to me that the approval will definitely impact the price action but would BTC dip below $20k if it is rejected, that's the question i haven't gotten answer to
sr. member
Activity: 560
Merit: 287
I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights (Edited)

When it comes to crytocurrency investment, you must be extremely sceptical of the market. Being sceptical in the sense that any news that hits the market now has the potential to change the entire course of the market this year. If you're a trader, you should be more cautious this year when placing trades because a bad market news can cost you everything. Long-term holders are safer, but you must be patient and work on your emotions about how the market will be affected positively or negatively during your hold.

Bitcoin will reach a new all-time high, and I believe it will surpass the $100,000 mark, as predicted by many analysts. Bitcoin has been following the same consensus since its inception, and all indications are that it has continue to do so after the last halving. If this trend continues, there is no doubt that a new all-time high, giving bitcoin a new value in the six figures, is very possible.
legendary
Activity: 3052
Merit: 1129
2023 provided lots of mixed feelings especially from Q1-Q3 but the Q4 saw lots of sparkles as investors and traders alike who were hoping BTC could close the year at $35k saw the mother of crypto touch down $44.5k before the close of 2023. For me $SOL and BRC-20 tokens like $ORDI and $SAT gave me the surprise of my life. Am sure am not the only one in this category.

While I was assessing my gains and losses and strategizing on how to navigate through 2024, I came across an article from Gracy Chen, the M.D of Bitget highlighting the challenges and victories of 2023 while expressing her Optimism for the year 2024 especially with the possible approval of the blackrock Bitcoin spot ETF and I share her sentiment that 2024 could be another year for the moon boys.

I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights (Edited)
No one really knows on what lies ahead on which it would really be just that normal that you would really be having those kind of positivity considering that we are on the year where Bitcoin halving would really be happening on this year on which it cant really be avoided that on this year we would be assuming that bull run would be kicking in.This is why it would really be that always best that you should really be securing out your position
now while its still low and dont get yourself missing out the golden train once bull run would be kicking. It would really be normal that we would really be having those hopes and fear but if you do let yourself that going
hesitated on the actions that you would be making or simply doesnt take risks then you would really be making yourself missing out those opportunities to earn more.

Thisi s why it would really be that recommended that you should need to act fast and needed up to be wise on securing positions because the market is really something
to be that so unpredictable, we dont know on what would be the next move that it would be giving out.
newbie
Activity: 54
Merit: 0
2023 provided lots of mixed feelings especially from Q1-Q3 but the Q4 saw lots of sparkles as investors and traders alike who were hoping BTC could close the year at $35k saw the mother of crypto touch down $44.5k before the close of 2023. For me $SOL and BRC-20 tokens like $ORDI and $SAT gave me the surprise of my life. Am sure am not the only one in this category.

While I was assessing my gains and losses and strategizing on how to navigate through 2024, I came across an article from Gracy Chen, the M.D of Bitget highlighting the challenges and victories of 2023 while expressing her Optimism for the year 2024 especially with the possible approval of the blackrock Bitcoin spot ETF and I share her sentiment that 2024 could be another year for the moon boys.

I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights (Edited)
No doubt gracy is a very intelligent woman, well I also watched a live on their official YouTube channel concerning bitcoin spot etf , hopefully we get to see $100k but then I’m looking forward to seeing $50k. Since March 2022 , we get to see a new wave in btc .
jr. member
Activity: 266
Merit: 3
Navigating the Crypto world & Holding BGB Along..
2023 provided lots of mixed feelings especially from Q1-Q3 but the Q4 saw lots of sparkles as investors and traders alike who were hoping BTC could close the year at $35k saw the mother of crypto touch down $44.5k before the close of 2023. For me $SOL and BRC-20 tokens like $ORDI and $SAT gave me the surprise of my life. Am sure am not the only one in this category.

While I was assessing my gains and losses and strategizing on how to navigate through 2024, I came across an article from Gracy Chen, the M.D of Bitget highlighting the challenges and victories of 2023 while expressing her Optimism for the year 2024 especially with the possible approval of the blackrock Bitcoin spot ETF and I share her sentiment that 2024 could be another year for the moon boys.

I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights (Edited)

I have same bias about brc20 tokens this year. Let's hope the momentum continues. Can you send the link to gracys article?
legendary
Activity: 3738
Merit: 1708
Honestly my fear is the etf being rejected or denied or if approved it being another sell the news event.

I was around in 2017 when the Winklevoss twins etf was about to get approved. They had tons and tons of meetings with SEC and other financial companies. I remember people would analyse these meetings and say that since “so and so” met it means it has to be approved because why would they meet. People were 99% sure it would be approved and then poof, it was rejected.

If approved my fear is that it’ll be another sell the news event like in the past. The trigger is usually on the week of launch it went up topping and this is pretty much what many are expecting. I don’t think people are thinking this time will be different.
full member
Activity: 2016
Merit: 156
Quote from: Palazodeen

I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights (Edited)

You don't need to be afraid of anything in this new year, because many researchers have Carry out their research to know what will happen in this 2024, and they discovered that this year will be full of bullish season and many holders and traders will achieve what they have never achieve before in crypto investment. Something new just happened in the market few hours ago that is giving traders and holders hope that the price of Bitcoin will reach $100,000 before the end of this year, because the price has increased to $46,781 which is a sign that the price will reach $50,000 in this month of January. I will advice you to use this opportunity to buy Bitcoin, if you are not satisfy with the ones you bought or if you are not yet buy Bitcoin,  just use any amount of money to buy and hold until the price reach your satisfaction before you can sell to earn something huge.
legendary
Activity: 1764
Merit: 2032
The Alliance Of Bitcointalk Translators - ENG>SPA
Nobody can tell for sure what will happen or of we will break the immense psychological resistance of 100k, but we can talk about hunches or sentiment.

Taking into account the news about incoming ETFs, the halving in the next months, the price action of 2023 and the pattern of cycles that repeat every 4 years approximately, I am quite optimistic for Bitcoin, and I'm almost sure that if Bitcoin takes off, many alts will have an incredible ROI, especially low caps.

We could lose it all too, the future is uncertain by nature, so I would avoid going all-in too, not to get our fingers burnt.
jr. member
Activity: 55
Merit: 1
2023 provided lots of mixed feelings especially from Q1-Q3 but the Q4 saw lots of sparkles as investors and traders alike who were hoping BTC could close the year at $35k saw the mother of crypto touch down $44.5k before the close of 2023. For me $SOL and BRC-20 tokens like $ORDI and $SAT gave me the surprise of my life. Am sure am not the only one in this category.

While I was assessing my gains and losses and strategizing on how to navigate through 2024, I came across an article from Gracy Chen, the M.D of Bitget highlighting the challenges and victories of 2023 while expressing her Optimism for the year 2024 especially with the possible approval of the blackrock Bitcoin spot ETF and I share her sentiment that 2024 could be another year for the moon boys.

I feel like going all in with my funds in preparation but am still a bit skeptical of unforseen circumstances, what are your thoughts? Do you think BTC could hit a record high of $100k as predicted by many analysts or one should thread with caution. Share your insights
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