It feel good to see Bitcoin going well - page 5.

pawanjain

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Quote from: Masplanc on July 28, 2021, 05:22:24 PM

Some month ago so many people would think Bitcoin will crash , many felt as if the price will even fall more than it use to be. People were even scared to trade because they were not sure of the market, but they never knew when it was low that was even the best time to trade . I'm glad to see where the price of Bitcoin have reached presentky, it will be an advantage and good experience to those who took the risk of going into trading and it will also give some others knowledge that fall of Bitcoin is not permanent , definitely it will come up. With this experience have showed that Bitcoin is here to stay, do not panic, trade and make earning

This was quite expected because there was a really strong support at $28k - $30k level.
Bitcoin price would have fallen sharply if it had dumped below $28k but since the support was good we bounced back.
Even when the price pumped to $42k there was a possibility of a minor correction that we are facing now so that we could bounce back harder.
Bitcoin would probably break $42k ad rise till $45k this time as per my analysis.

Handpari

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Don't worry Who invested in bitcoin. The market has been green for 10+ days straight. Its time to retest supports and see if we can consolidate and create higher lows consistently. Right now the 39-40k range seems to be building support for btc. Can't just go green every single day forever.

Tahsin Kabir Kollol

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Most cryptocurrency users are happy with the rising price of Bitcoin. This is because as the value of Bitcoin increases, so does the value of other cryptocurrencies, and other cryptocurrency holders, including Bitcoin, are able to make a profit. Moreover, if the market goes up, it is possible to make a lot of profit through trade. So almost everyone feels better when the price of bitcoin tends to increase. On the other hand, when the value of bitcoins starts to fall, everyone gets worried, except for a few individuals.

cryptolord2077

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I think everyone likes it when bitcoin goes up and the crypto market shows green candles. But what's the difference?
The crypto market cannot be green all the time, in order for it to be green, it first needs to turn red. Therefore, these cycles are quite natural.

TelolettOm

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We have experienced bad weeks ago and now the price of Bitcoin and some altcoins are getting better and better every day.I am not a good analyst about this. However, I very believe that this is a good time for the market. Bitcoin has been stronger and I really hope that there is no FUD again about crypto, especially BTC.

The higher price of Bitcoin has reached $42,541.. It is good progress, isn't it?

And also see the progress of most altcoins, they are all green and the graphic shows significant rises.

posi

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Quote from: Masplanc on July 28, 2021, 05:22:24 PM

Some month ago so many people would think Bitcoin will crash , many felt as if the price will even fall more than it use to be.

If we to judge by the downtrend in the price of the Bitcoin market from it $64,863 ATH price to $28,893 we can say it crash and with the market been volatile in nature it is normal for some people to feel that the crash will continue and I also believe that's what suppose to happen but it didn't happen because the major investors which is the institution choose to buy more when dip.

Aside from that, you shouldn't feel good only when the market is going green because there's also some benefit in the dip trend either, and feeling happy only when the market is green may affect your enthusiast in crypto and chance of making profit.

geegaw

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Quote from: goldade on July 31, 2021, 02:35:56 PM

Quote from: Masplanc on July 28, 2021, 05:22:24 PM

Some month ago so many people would think Bitcoin will crash , many felt as if the price will even fall more than it use to be. People were even scared to trade because they were not sure of the market, but they never knew when it was low that was even the best time to trade . I'm glad to see where the price of Bitcoin have reached presentky, it will be an advantage and good experience to those who took the risk of going into trading and it will also give some others knowledge that fall of Bitcoin is not permanent , definitely it will come up. With this experience have showed that Bitcoin is here to stay, do not panic, trade and make earning

The only people who did not panic during the bear run are true bitcoin enthusiasts who didn't get involved with bitcoin solely because of the prospect of money they could make but because they bought into the idea of bitcoin.
Those that panic were those who didn't believe in bitcoin because they do not truly understand what bitcoin was made for. They only know they can make money by trading. If you'd ask me, they are ones who are skeptical of the ability of bitcoin to rise again after the fall.

Such people deserve to be celebrated as saints, a passion for the idea of bitcoin then don't need money to live, I don't see what interesting they can get from this idea, most of the features and the most basic things about bitcoin are revealed, there is no big mystery left, except for the location of the creator. Man, the prospect of making money is the most important factor here with bitcoin, there is no saint with such passion, you only see their cold looks when they already know an outcome like today is possible but believe that their hearts are also a little fluctuating during the time of the price drop

Yamifoud

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Quote from: ven7net on August 01, 2021, 08:21:20 AM

Quote from: Masplanc on July 28, 2021, 05:22:24 PM

Some month ago so many people would think Bitcoin will crash , many felt as if the price will even fall more than it use to be. People were even scared to trade because they were not sure of the market, but they never knew when it was low that was even the best time to trade . I'm glad to see where the price of Bitcoin have reached presentky, it will be an advantage and good experience to those who took the risk of going into trading and it will also give some others knowledge that fall of Bitcoin is not permanent , definitely it will come up. With this experience have showed that Bitcoin is here to stay, do not panic, trade and make earning

You are right, BTC was able to show once again right now that it can surprise its holders. Of course, it is very difficult to be a holder of BTC and see its price go down very sharply, this is what makes many BTC holders sell. But as we've already seen, only real BTC holders can wait and win in the end. I believe that if you decide to invest in BTC, then you need to go all the way and wait until the BTC price reaches its peak, and only in this way you can get the maximum profit.

And then you'll say that short-term holders are not real investors?
I don't mind if they are real investors or not because selling or holding is not the basis to determine if you are a holder or not. What I mean is that selling is an option for everyone. Some do selling when it shows some pumps while the others keep holding until it hits its peak, honestly they have some reason of their actions and never assume that all who can hold longer will be the real investors as there is a so-called short-term and long-term holder.

ven7net

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Quote from: Masplanc on July 28, 2021, 05:22:24 PM

Some month ago so many people would think Bitcoin will crash , many felt as if the price will even fall more than it use to be. People were even scared to trade because they were not sure of the market, but they never knew when it was low that was even the best time to trade . I'm glad to see where the price of Bitcoin have reached presentky, it will be an advantage and good experience to those who took the risk of going into trading and it will also give some others knowledge that fall of Bitcoin is not permanent , definitely it will come up. With this experience have showed that Bitcoin is here to stay, do not panic, trade and make earning

You are right, BTC was able to show once again right now that it can surprise its holders. Of course, it is very difficult to be a holder of BTC and see its price go down very sharply, this is what makes many BTC holders sell. But as we've already seen, only real BTC holders can wait and win in the end. I believe that if you decide to invest in BTC, then you need to go all the way and wait until the BTC price reaches its peak, and only in this way you can get the maximum profit.

Karish2return

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Bitcoin is the only coin on which I can say other coins depends that's why everyone is waiting for bitcoin to be going well everytime and the people who don't have patient have no faith in bitcoin but it is still the best coin.

TimeTeller

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Quote from: Slow death on July 31, 2021, 07:03:15 PM

Quote from: idrinkchocolatemilk on July 28, 2021, 07:07:51 PM

The cryptocurrency market has bounced back in a big way since May's lows. Bitcoin is back over $40,000, with many other cryptos following suit.

if china hadn't created all that banning mining drama and if elon musk hadn't also come to spread fear in people, the price wouldn't have dropped much, but luckily elon musk managed to speak well of bitcoin and calmed the market and miners are also free of china

Quote from: idrinkchocolatemilk on July 28, 2021, 07:07:51 PM

While a run like this makes it very likely that cryptocurrencies will soon go to $100,000 or more

you mean bitcoin will hit $100,000 soon, well it could take years for the price to hit $100,000, it all depends on how many big companies like amazon could come along to create another bull run

$100k is still far from our horizon, let us just aim to hit again the ATH, or even above $60k.
However, to attain that level again, we need a very solid good news coming from top companies.
But for now, we are glad that we hit again the $40k, where a lot of spectators are predicting that it will go down as much as $20k again.
This demonstrates that the support in the bitcoin's market is really going strong despite of the setback coming from China.

Slow death

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Quote from: idrinkchocolatemilk on July 28, 2021, 07:07:51 PM

The cryptocurrency market has bounced back in a big way since May's lows. Bitcoin is back over $40,000, with many other cryptos following suit.

if china hadn't created all that banning mining drama and if elon musk hadn't also come to spread fear in people, the price wouldn't have dropped much, but luckily elon musk managed to speak well of bitcoin and calmed the market and miners are also free of china

Quote from: idrinkchocolatemilk on July 28, 2021, 07:07:51 PM

While a run like this makes it very likely that cryptocurrencies will soon go to $100,000 or more

you mean bitcoin will hit $100,000 soon, well it could take years for the price to hit $100,000, it all depends on how many big companies like amazon could come along to create another bull run

livingfree

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Quote from: toast on July 31, 2021, 05:52:29 AM

Same feeling however according to the technical analysis the Bitcoin is at resistance level and the RSI is overbought, there's really a high chance that the market will crash though some people think it will go high more, this coming weekend it will increase a little more but next week or probably worst in mid of August there will be a huge crash.

I also have the same feeling when we see bitcoin have crossed to $40k.

Things are becoming good and about the crash? didn't we just saw that it crashed before it went to $40k? I don't worry about any crashes right now. This is again another momentum for bitcoin to reach back those numbers that were quite high for us.

But if it crashes, just buy. Wink

freedomgo

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Quote from: palle11 on July 31, 2021, 02:41:05 PM

Quote from: RokokGudangGaram on July 31, 2021, 07:09:56 AM

But for now I think I will be holding this coin even if it crashes the most important thing is that I managed to buy Bitcoin at a lower price and that matters to me, my goal is to have more Bitcoin as possible.

You will make more money with bitcoin if you can spot when it is time to drop so that you can sell and wait to refill again when it is time, that is part of trading. Every day bitcoin drop and rise again and some investors take opportunity of both movement. Hodling bitcoin to it crash and starts gaining again will profit you nothing, you are better when you sell and buy again.

If you have again with binance and you hodl your bitcoin there, you would see how many percentage of profit you would have made if you have sold and how much you have lost daily for hodling. All is a function of price fluctuation.

If holding for short term, that would make you aware of your assets' timely value, you can just check it from time to time and wait until your target is achieved. I'm talking about target because that is very important, if you have a target, you should follow it and never hesitate or change it when you see an opportunity as that is called greediness and it does not always pay well.

palle11

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Quote from: RokokGudangGaram on July 31, 2021, 07:09:56 AM

But for now I think I will be holding this coin even if it crashes the most important thing is that I managed to buy Bitcoin at a lower price and that matters to me, my goal is to have more Bitcoin as possible.

You will make more money with bitcoin if you can spot when it is time to drop so that you can sell and wait to refill again when it is time, that is part of trading. Every day bitcoin drop and rise again and some investors take opportunity of both movement. Hodling bitcoin to it crash and starts gaining again will profit you nothing, you are better when you sell and buy again.

If you have again with binance and you hodl your bitcoin there, you would see how many percentage of profit you would have made if you have sold and how much you have lost daily for hodling. All is a function of price fluctuation.

goldade

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Quote from: Masplanc on July 28, 2021, 05:22:24 PM

Some month ago so many people would think Bitcoin will crash , many felt as if the price will even fall more than it use to be. People were even scared to trade because they were not sure of the market, but they never knew when it was low that was even the best time to trade . I'm glad to see where the price of Bitcoin have reached presentky, it will be an advantage and good experience to those who took the risk of going into trading and it will also give some others knowledge that fall of Bitcoin is not permanent , definitely it will come up. With this experience have showed that Bitcoin is here to stay, do not panic, trade and make earning

The only people who did not panic during the bear run are true bitcoin enthusiasts who didn't get involved with bitcoin solely because of the prospect of money they could make but because they bought into the idea of bitcoin.
Those that panic were those who didn't believe in bitcoin because they do not truly understand what bitcoin was made for. They only know they can make money by trading. If you'd ask me, they are ones who are skeptical of the ability of bitcoin to rise again after the fall.

imstillthebest

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I'm one of them that think btc will crash but did btc didn't crash op? It did right ? but I am not one of them that thinks btc will fall more because I have observed that once btc reaches a whole new level it will now be hard to comeback to its previous level .
When the price falls I think its hard to trade because price is low but what you mean is it was best to buy and then hold it . The best time to trade it will be once the value rises

toast

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Same feeling however according to the technical analysis the Bitcoin is at resistance level and the RSI is overbought, there's really a high chance that the market will crash though some people think it will go high more, this coming weekend it will increase a little more but next week or probably worst in mid of August there will be a huge crash.

RokokGudangGaram

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In bigger picture the Bitcoin really goes well just in this year the price of Bitcoin goes to $60k right now we are at correction and lets hope that this time it goes higher more. But for now I think I will be holding this coin even if it crashes the most important thing is that I managed to buy Bitcoin at a lower price and that matters to me, my goal is to have more Bitcoin as possible.

trannguyenbtc

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Agreed with BTC ranging close to 40K confidence is increased and more people are thinking that this may well be the beginning of a new ATH. It is possible, though, nothing like this ever happened before so it will interesting to see if BTC market keeps to it's history or if it will make new history.

As for Ghost month, personally, have not seen a believable correlation between the 7th month and BTC price, and it would again be interesting to see where August takes us...

Topic: It feel good to see Bitcoin going well - page 5. (Read 979 times)