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Topic: It doesn't look like - page 2. (Read 531 times)

sr. member
Activity: 882
Merit: 260
February 24, 2020, 11:17:25 PM
#56
It doesn't look like Bitcoin is going to go over 10k plus till May gets here, I think what we will keep seeing is rise and fall between 8k and 10k, the best way is to keep taking profit, buying low and reselling over and over, Im just worried what will happen once halving is over and the Almighty Halving Hype died off, there is nothing making the price surge presently than this upcoming halving, what do you think?

Well, that will be the most common thing to do up to this moment is to buy and sell your assets to take over and gain profit in your hand. What is important is that the price is keeping up into a high price mark and not to go below $3500 just like what happened in the late months of year 2019. Up to this moment, we have nothing to worry about and we must not be alarmed because the price is still looking good and everything seems to be fine. It's just that the price is playing ups and downs between $8,000 to $10,000 which is good because the price is still desirable no matter what. What we need to focus right now is to find a way to raise the amount of Bitcoin we have right now so that when the expected bull run comes which is said to ba right after the halving, we can be benefited on it. There are still lots of possible happenings to come right in front of us while the month of May is still a couple of months away. Let us just all hope for best things to happen.
member
Activity: 700
Merit: 27
Sovryn - Brings DeFi to Bitcoin
February 23, 2020, 10:49:53 AM
#55
I agree that it is necessary to see Bitcoin above 10 000USD level to see altcoins growing, but if Bitcoin falls again, we can still see a bear market because the bull market wasn´t confirmed.
Exactly, no one knows when bullrun will surrender to the bears, if that do happens it will be a disaster for many who already start buying altcoins, I'm just trying to play safe here and not lose my money, until I'm sure that Bitcoin is ready for a new big better bullrun I won't fully jump into altcoins for now
legendary
Activity: 1498
Merit: 1000
February 23, 2020, 08:50:06 AM
#54
Traders can gain advantages in this situation. I also think the btc market does not mostly depend on any events to occur. Its a monster in the crypto world and whales are the one who controls it. So if whales think btc should go up it will go up. In my opinion, they have that power to move the market ups or downs.
It is clear that whales are controlling this whole market. They want the market to go up or down according to their intention and the profit they get with it. But this year we have a halving event, so I believe that the whales will pump bitcoin prices very high to profit in the past.
member
Activity: 868
Merit: 16
February 23, 2020, 08:47:34 AM
#53
I think a good investor will never look to the affect of bitcoin halving only, I mean they just buy bitcoin for this event. But they will look forward what will happen with bitcoin price in the future. Can you imagine, when there are a lot of people buy bitcoin whilst its supply will be reduced because this event then what will happen to bitcoin? And I think most of the investor will still holf their bitcoin. Because they will hard to buy bitcoin again in the low price.
member
Activity: 1540
Merit: 68
February 23, 2020, 08:14:54 AM
#52
Bitcoin does not need to look like soaring higher in price before it does so.

And its part of same reason why the volatility in crypto currency is not left behind, all you have to do is dyor and be actively on the right path of investments

So that when bitcoin moons, you are in profit
And if otherwise, you are equally safe
full member
Activity: 519
Merit: 101
February 23, 2020, 08:13:56 AM
#51
It is still hard to predict where will be the direction of the price of bitcoin. Yes as of the current situation it looks impossible to reach 10k plus but bitcoin is still bitcoin. Expect the unexpected. Still look on the past year -2017 to be exact- bitcoin surprises everybody.

Quote
the best way is to keep taking profit, buying low and reselling over and over, Im just worried what will happen once halving is over and the Almighty Halving Hype died off, there is nothing making the price surge presently than this upcoming halving, what do you think?

Yes that's one way of earning profit by the traders. Maybe it seems simple but no its not. You have to be always updated. You must do not missed that single chance to buy and sell. You must know when to correctly judge that it is lowest price or high price because you might be losing instead of earning. Yes I tried to do this but I realized I am just guessing and I do not fully understand the price flow.
jr. member
Activity: 124
Merit: 1
February 23, 2020, 08:09:37 AM
#50
I don't concern myself with the current price, in fact, I'm trying to buy as many Bitcoin however small amount as I could, the only concern is how fast the price will go up after the halving, people are waiting patiently for the halving while at the same time, making predictions on the price after the halving.

Perfectly true, buying in small quantity from now would be a great advantage to such buyers when the market start moving positively. Like me too, I prefer to buy now when the market is low and hold till June this year. I believe that, many positive things will show up after the Bitcoin halve this year. Many have been preparing towards this meeting or event ahead of Bitcoin, myself too have been keeping my tokens towards the halve before sell my portfolios. It looks like, we are going to see another good year better than previous years of this event.
sr. member
Activity: 2030
Merit: 269
February 23, 2020, 07:23:54 AM
#49
I don't concern myself with the current price, in fact, I'm trying to buy as many Bitcoin however small amount as I could, the only concern is how fast the price will go up after the halving, people are waiting patiently for the halving while at the same time, making predictions on the price after the halving.
jr. member
Activity: 124
Merit: 1
February 23, 2020, 07:19:45 AM
#48
The market has been in operations without any serious news which we can conclude that, it's the news that drive the current price in Bitcoin. Things will definitely be greenish when the time come but we have to just be patience with the cu situations. As for now, I will advise to buy low and sell high even at 3-5% gains. Let's be more focused towards halving event ahead.
full member
Activity: 983
Merit: 100
February 23, 2020, 07:08:55 AM
#47
Traders can gain advantages in this situation. I also think the btc market does not mostly depend on any events to occur. Its a monster in the crypto world and whales are the one who controls it. So if whales think btc should go up it will go up. In my opinion, they have that power to move the market ups or downs.
Yes, the popes do have the power to move the market, because they have enough capital to make it, but it also will not last long, so traders must also be careful when trading when the BTC is rising in price.
full member
Activity: 2324
Merit: 175
February 23, 2020, 07:08:46 AM
#46
It doesn't look like Bitcoin is going to go over 10k plus till May gets here, I think what we will keep seeing is rise and fall between 8k and 10k, the best way is to keep taking profit, buying low and reselling over and over, Im just worried what will happen once halving is over and the Almighty Halving Hype died off, there is nothing making the price surge presently than this upcoming halving, what do you think?

The month of May is still two months to go there are so many things that is going to happen heading to the halving so it's premature to speculate that will stuck to $8000 to $9000, for me it's fine you can buy Bitcoin at a much lower price because after the halving this could be the last time you will see that price.
legendary
Activity: 1722
Merit: 1014
February 23, 2020, 06:32:27 AM
#45
I think this Halving event itself is not a reason for this pump. Big guys just use this information in people's mind to make this bull run easier to go. It's like a catalyst for the whales.
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
February 22, 2020, 09:55:34 PM
#44
It doesn't look like Bitcoin is going to go over 10k plus till May gets here, I think what we will keep seeing is rise and fall between 8k and 10k, the best way is to keep taking profit, buying low and reselling over and over, Im just worried what will happen once halving is over and the Almighty Halving Hype died off, there is nothing making the price surge presently than this upcoming halving, what do you think?

You assumption is partially correct concerning the FOMO behind the halving effect although you do understand bitcoin has endured 2 years on bear market so it was only idea for a bull to follow since most smart Investors with spare funds most have accumulated as much bitcoin as possible, resulting to an increase in the demand if bitcoin and decrease since most traders/Investors won't be available in the market selling bitcoin.

In regards to the price movement, $10,000 is such a huge milestone therefore you don't expect bitcoin not to making some simultaneous movement of ups and down within that range since short terms Investors and traders are likely to take profit. Bitcoin has crossed that amount and stayed for some days before correcting to it's current price and it's just a matter of time before we cross to that milestone again.
full member
Activity: 1442
Merit: 106
February 22, 2020, 09:40:38 PM
#43
It doesn't look like Bitcoin is going to go over 10k plus till May gets here, I think what we will keep seeing is rise and fall between 8k and 10k, the best way is to keep taking profit, buying low and reselling over and over, Im just worried what will happen once halving is over and the Almighty Halving Hype died off, there is nothing making the price surge presently than this upcoming halving, what do you think?

I think bitcoin will see support at 9130 before hitting above 10000 and possibly an all time high for the first time in the year 2020. Consider bitcoin a volatile currency and therefore both global occurence can affect the market. we can not leave that out
sr. member
Activity: 826
Merit: 252
February 22, 2020, 09:26:09 PM
#42
buying low and reselling over and over

Halving can break our dream about profit, so think and act realistic with scalping, use short time period as basic calculation and target. I'm not prefer using long term and only use small amount of my money, after halving we can totally jump into market with all skill and fund we have. I agree with your strategy but don't use it at weekend, whales will waiting that moment to take your money by create correction.
member
Activity: 728
Merit: 19
KUWA.ai
February 22, 2020, 09:01:23 PM
#41
Traders can gain advantages in this situation. I also think the btc market does not mostly depend on any events to occur. Its a monster in the crypto world and whales are the one who controls it. So if whales think btc should go up it will go up. In my opinion, they have that power to move the market ups or downs.
hero member
Activity: 1372
Merit: 503
February 22, 2020, 07:43:17 PM
#40
It doesn't look like Bitcoin is going to go over 10k plus till May gets here, I think what we will keep seeing is rise and fall between 8k and 10k, the best way is to keep taking profit, buying low and reselling over and over, Im just worried what will happen once halving is over and the Almighty Halving Hype died off, there is nothing making the price surge presently than this upcoming halving, what do you think?
Nope even there is no halving hype bitcoin will surely increase. Why do you think btc will only rely on this event? Check out the technicals and based your price speculation on much realistic approach which many also doing.

if it's like that then the best option is to take advantage of the price increase.
I predict bitcoin will reach 10k at halving, even though there is no definite news about it.

Price now is really option for a bargain rate. Considering its highest ATH theres really a chance to go higher than that so those who doesnt have still waiting for bottom fish then its up to you but if you missed the chance then thats it.
jr. member
Activity: 196
Merit: 6
February 22, 2020, 06:54:21 PM
#39
The halving WILL boost the price of BTC, but it may not happen in May, it could very well happen in June or July for that matter (Look at the second halving, took a while to see the uptrend).

Altcoins will go parabolic once we enter a new bull run, decentralized projects (hopefully) leading the pace, this time around.
I'm betting my money on DEX projects, such as Blocknet, Decred, and a few others, as I believe we'll slowly see more and more demand for decentralized trading solutions.

Blocknet was the first DEX to be released to the public, yet has the lowest marketcap, which means it's by far the most undervalued project I know off right now.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
February 22, 2020, 05:07:59 AM
#38
It doesn't look like Bitcoin is going to go over 10k plus till May gets here, I think what we will keep seeing is rise and fall between 8k and 10k, the best way is to keep taking profit, buying low and reselling over and over, Im just worried what will happen once halving is over and the Almighty Halving Hype died off, there is nothing making the price surge presently than this upcoming halving, what do you think?

I think even if bitcoin is rise and fall between $8k and $10k, we can use that moment to buy at $8k, and sell at $10k so we can make a profit over and over. But that will not be easy as we don't know when the price will go down to the lower price and go up to the higher rate. But at least, we can try to buy bitcoin when the big red candle appears at the market so we can buy instant, and hold it for a while. By doing that, I think we will make a profit, and who knows, the price can get pumps after we buy bitcoin.
full member
Activity: 406
Merit: 104
Convert Crypto at BestChange
February 22, 2020, 04:55:54 AM
#37
You are right. The present market growth only for the Halving hype, I don't see anything else. After halving Bitcoin price may go for high down because the halving impact in price won't happen in this year, so, this is the best time for taking profit or do trade regularly. Greedy people still will hold and they will regret again as usual.
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