Is Bitcoin’s bull run coming to an end? - page 6.

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Quote from: shanhaigamefi on April 18, 2024, 12:50:47 AM

The price fell by 3.78% today，Current price $61748.But it’s still a price I can’t afford

You don't need to buy a whole 1 bitcoin if you think its expensive and your funds is not enough to buy that volume. But accumulate base on what you can afford to spend since for this you may now start to participate on anything you want to happen on the bitcoins you bought.

Also it seems you don't have deep knowledge about it since you get afraid with certain dumps to happen so maybe much really better for you not to decide yet to buy since your situation is not good so better try to figure out on what is your intention on your investment since if you can create some plans or have goals maybe for that you can make strategize your bitcoin participation then can able to earn with it in future. So for now try to learn a lot of knowledge so you will not get panic on the dump and will not see bitcoin as expensive asset to have.

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Quote from: shanhaigamefi on April 18, 2024, 12:50:47 AM

The price fell by 3.78% today，Current price $61748.But it’s still a price I can’t afford

This the same statement some people do make even when the price of bitcoin was far low than this amount. The price of bitcoin now is not a problem that can deprive people from buying bitcoin, you just buy the amount you can afford to lose. If you are thinking thst the price is still high and you can't afford bitcoin then you will never buy bitcoin. If you now that the price has come down you will still get good profit than you waiting for a price that you can afford.

You can always buy bitcoin with the amount you can afford and it has good value for you to gain profit. Don't think it is expensive, this can make you to have interest to invest other coins you may think the price is low and investing in this coins won't give you the kind of profit you would want. Go for bitcoin, it is good in value, reliable, low risk and the most secure cryptocurrency to invest in.

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Quote from: shanhaigamefi on April 18, 2024, 12:50:47 AM

The price fell by 3.78% today，Current price $61748.But it’s still a price I can’t afford

We have been on the bull run since December last year and it will keep getting better as the year progresses after the halving. The drop in price from the ATH is not enough to conclude that the bull run is over because I feel the bigger bull run have not even started. The market is only experiencing correction which is a normal thing in the market and confirms the actually market dynamics. The Bitcoin halving will eventually lead to the creation of a new ATH which will happen as we progress towards Q4 this year to early part of next year. The market is offering us more buying opportunities for those who are willing to enjoy the gains that will come from the halving.

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Quote from: shanhaigamefi on April 18, 2024, 12:50:47 AM

The price fell by 3.78% today，Current price $61748.But it’s still a price I can’t afford

If who want to buy BTC in DIP, now is the time to buy. Also if you have extra money you can do the same. If you have BTC deposited in DCA you can increase the deposit further. One thing is that these price drops may not last long - you should keep a close eye on market conditions.

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Quote from: shanhaigamefi on April 18, 2024, 12:50:47 AM

The price fell by 3.78% today，Current price $61748.But it’s still a price I can’t afford

If you can't see the market being as volatile as it is now, you should just leave it. The market is currently experiencing a correction, and who knows how long the price will bounce back. If you want to buy Bitcoin, you should prepare the money so you can buy it immediately at a low price.

The price of Bitcoin reached $60k, and now the price is at $61k. But there are no signs that the correction will end. So we still have to wait again to see the price experience a reversal.

Maybe you can place a purchase order at the price you want so you don't miss out on buying Bitcoin. But if you are still in doubt, you should leave the market for a while.

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Quote from: shanhaigamefi on April 18, 2024, 12:50:47 AM

The price fell by 3.78% today，Current price $61748.But it’s still a price I can’t afford

If you are familiar with the history of Bitcoin you will not asked this question. The current price of Bitcoin is still high compared to the predictions of many experts. Some people expected that the market would go into a correction mode that would drop the price to less than $50. You can always buy Bitcoin with the amount you can afford since it can be bought in small units.

Quote from: Jewan420 on April 18, 2024, 01:31:18 AM

If you are thinking of buying DIP then wait more for its price to go down. From my personal opinion and market review, the price may come down to around $35000-$40000. To buy DIP you need to review the market regularly and buy as soon as possible at a price you can afford. Because, you may not have much time to buy many bitcoins. In that case you can buy bitcoins with DCA method.

Your predictions might be correct but I doubt if Bitcoin will reduce to that price. The Bitcoin ETF has made the demand for the currency very high. Anybody waiting for the price to drop to $35k this year might miss the opportunity to buy. People shouldn't wait for the bull run to start buying, they should consider DCA or buy during the bear season.

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Yes, currently the price of Bitcoin has fallen to a large extent, many are commenting that the war between Iran and Israel in the Middle East may have caused such a situation in the market. Again, the Bitcoin halving is only two days away, and the impact of the Bitcoin halving may lower the market price of Bitcoin.

Quote from: shanhaigamefi on April 18, 2024, 12:50:47 AM

The price fell by 3.78% today，Current price $61748.But it’s still a price I can’t afford

I think the Bitcoin bull run is not over yet just about to begin. You can buy Bitcoin at any price. There is no talk you have to buy 1(BTC)Bitcoin. If you want to buy bitcoins with small amount of money then that is also possible because you have that opportunity too. If you buy Bitcoin in this situation and be patient, your investment may increase in value when the next bull run begins after the Bitcoin halving.

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Quote from: m2017 on April 18, 2024, 03:47:13 AM

Why can't you afford (this price)? Is it too cheap to sell or too expensive to buy?

It’s probably the latter.

Lots of people are still waiting for bitcoin to dip more before they buy so I am just sending my goodlucks. Because bitcoin is extremely volatile and we do not know how it will go in the next few days. Sometimes it’s not a matter of “can I afford it?” But rather the question you should ask yourself is “will this be the lowest bitcoin would price?”

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Quote from: Gozie51 on April 18, 2024, 04:21:51 AM

Quote from: shanhaigamefi on April 18, 2024, 12:50:47 AM

The price fell by 3.78% today，Current price $61748.But it’s still a price I can’t afford

You didn't know it dropped to 60+ yesterday and that means it has appreciated today. Anyway, stop bothering yourself about price fluctuations because you are going to see more of it soon when the volatility increase because of halving.

Meanwhile, you don't need to buy 1 btc, all you need is some Satoshi to hodl while expecting the price increase to make your own profit. However, price is going to improve with time after halving.

Yes, bitcoin price will be even more volatile in the coming days so expect that there will be consistent upward or downward movement of btc price, which means we will witness a roller coaster ride for bitcoin. Hence, if you are not vigilant enough to observe the price of bitcoin, still you will miss another opportunity to buy bitcoin. That is why instead of waiting for another price dips, why not buy a small portion now so you can have something to call your own. Bitcoin bull run is not coming to an end, just because of this price correction. In fact, we are just starting to witness a bullish market which will eventually lead to a real bull run in the next couple of months.

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Quote from: Jewan420 on April 18, 2024, 01:31:18 AM

Quote from: shanhaigamefi on April 18, 2024, 12:50:47 AM

The price fell by 3.78% today，Current price $61748.But it’s still a price I can’t afford

If you are thinking of buying DIP then wait more for its price to go down. From my personal opinion and market review, the price may come down to around $35000-$40000. To buy DIP you need to review the market regularly and buy as soon as possible at a price you can afford. Because, you may not have much time to buy many bitcoins. In that case you can buy bitcoins with DCA method.

I was surprised that many people gradually turned negative and predicted bitcoin would drop to $50k. But your prediction even startled me when you said bitcoin will drop to $35k. Can you tell me, based on what data do you think bitcoin will drop to $35k? Because I don't even think bitcoin will drop more than its current price let alone it will drop another 50% from now on.

If the OP intends to wait for bitcoin to drop in price like you said, I wouldn't be surprised that he would miss out on buying cheap bitcoin now. Craziest prediction of the year I've ever seen.

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Quote from: 0t3p0t on April 18, 2024, 03:01:26 AM

Right now it's $61,239 so maybe we will be expecting more dips if this is the beginning of the correction which is quite natural in the nature of Bitcoin. Though I can be wrong here since we don't really know the accurate guess on where and how deep or high Bitcoin could go.

Bitcoin is still having a great support at $60000. But if it stay low like this for long, it is possible that the support will be broken. I still think the fall can not be significant and in some months to this time, another bull run will begin.

Quote from: Apocollapse on April 18, 2024, 04:46:02 AM

The declining might because of ETFs is no longer hyped, so it make the market went back it's place. Slight declining is still fine, most people are waiting on the Q4 because according to the few halving history, it's where the halving bull run will start.

It started when Iran sent missiles and rockets to Isreal but the price went above $66800 before falling again. If bitcoin is not going to $70000 for now, that means the ETF hype has died down already. But another bull run will still come. What that is just difficult to predict right now is if we are going to first see bear market before the coming bull market.

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We don't even know when the real bull run would happen.

The declining might because of ETFs is no longer hyped, so it make the market went back it's place. Slight declining is still fine, most people are waiting on the Q4 because according to the few halving history, it's where the halving bull run will start.

Quote from: Oshosondy on April 18, 2024, 01:57:10 AM

You do not need to buy 1 BTC. You can buy less than that. Even if you have $50, you can use it to buy bitcoin.

I think he's a typical person who want to buy at the bottom instead of buy at low because he want to maximize the return.

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Quote from: shanhaigamefi on April 18, 2024, 12:50:47 AM

The price fell by 3.78% today，Current price $61748.But it’s still a price I can’t afford

You didn't know it dropped to 60+ yesterday and that means it has appreciated today. Anyway, stop bothering yourself about price fluctuations because you are going to see more of it soon when the volatility increase because of halving.

Meanwhile, you don't need to buy 1 btc, all you need is some Satoshi to hodl while expecting the price increase to make your own profit. However, price is going to improve with time after halving.

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Quote from: shanhaigamefi on April 18, 2024, 12:50:47 AM

The price fell by 3.78% today，Current price $61748.But it’s still a price I can’t afford

As soon as the price corrects slightly, the assumption immediately appears that the bull run has come to an end. No, my friend, everything is just beginning, and the current BTC-fall is an opportunity to buy bitcoin for belated investors.

The current year should be rich in bitcoin price surprises. Get used to it and don’t be surprised by the high volatility of BTC, this is the essence of this asset. These short-term ups and downs can be ignored if you invest several years in advance.

Why can't you afford (this price)? Is it too cheap to sell or too expensive to buy?

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Quote from: shanhaigamefi on April 18, 2024, 12:50:47 AM

The price fell by 3.78% today，Current price $61748.But it’s still a price I can’t afford

Right now it's $61,239 so maybe we will be expecting more dips if this is the beginning of the correction which is quite natural in the nature of Bitcoin. Though I can be wrong here since we don't really know the accurate guess on where and how deep or high Bitcoin could go.

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Quote from: shanhaigamefi on April 18, 2024, 12:50:47 AM

The price fell by 3.78% today，

Not all price dips are signs of a bull run ending. We have not even properly entered the bull run phase as many believe it will start a few months after the halving event.

Usually bull runs last for years. Maybe more than a hear but usually does not exceed than four years.

Quote

Current price $61748.But it’s still a price I can’t afford

That is why we can buy portions of bitcoin known as satoshis. You don’t have to buy one exact bitcoin in order for you to get some profits. You can acquire bitcoin through DCA or just buying little by little.

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Bitcoin bull run has still not yet ended. If you can buy and hold and wait patiently, bull run is still coming. Just be patient about it.

Quote from: shanhaigamefi on April 18, 2024, 12:50:47 AM

The price fell by 3.78% today，Current price $61748.But it’s still a price I can’t afford

You do not need to buy 1 BTC. You can buy less than that. Even if you have $50, you can use it to buy bitcoin.

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Quote from: shanhaigamefi on April 18, 2024, 12:50:47 AM

The price fell by 3.78% today，Current price $61748.But it’s still a price I can’t afford

Well, you don’t have to buy the whole portion of bitcoin for you to start investing. Just buy a portion that you can afford to lose while bitcoin price is still low. I suggest don’t wait too long for a drastic price drop as we can’t actually guarantee if the price will consistently move downward or it will eventually rise up again. Buy now and hold your bitcoin so you can at least ride with the upcoming bitcoin halving.

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Quote from: shanhaigamefi on April 18, 2024, 12:50:47 AM

The price fell by 3.78% today，Current price $61748.But it’s still a price I can’t afford

If you are thinking of buying DIP then wait more for its price to go down. From my personal opinion and market review, the price may come down to around $35000-$40000. To buy DIP you need to review the market regularly and buy as soon as possible at a price you can afford. Because, you may not have much time to buy many bitcoins. In that case you can buy bitcoins with DCA method.

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The price fell by 3.78% today，Current price $61748.But it’s still a price I can’t afford

Topic: Is Bitcoin’s bull run coming to an end? - page 6. (Read 1020 times)