It feel good to see Bitcoin going well - page 8.

Mauser

hero member

Activity: 1974

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Quote from: Masplanc on July 28, 2021, 04:22:24 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

I am a bit cautious about Bitcoins at the moment. After the fake news that Amazon would be allowing all payments in Bitcoins the price rallied above 40,000 USD just to drop again below it once Amazon announced it was not real. Many investors are hoping for a new price rally and buy into any positive news. The risk I am afraid off is that another fake news could send the Bitcoins price crashing. We need to remain critical to not lose money in the hype.

perfect999

sr. member

Activity: 1694

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Quote from: Johnyz on July 28, 2021, 06:44:58 PM

Its good that we are able to rise again unexpectedly since there’s no big news aside from private institutions coming into this market, and Bitcoin was able to sustain its momentum going up. For now, we have to retest the resistance level and hopefully was able to break it again because if not, sideways trend are more possible. I’m confident that the bottom was already hit and Bitcoin price wont go down below $35k again, hopefully.

Well, yeah and this is a natural growth and much more solid than the pumped market a few months back. Let's be honest, we all know why the price went as high as it did a couple of months ago, it was all because of Elon Musk's impact and his support towards Bitcoins and even accepting crypto for Tesla car purchases.

Quote from: CaVO32 on July 28, 2021, 06:56:08 PM

It can still go down to $35k but we need good news to sustain what we have now. But in any case, we need to prepare what's about to come. If we will hear another country considering bitcoin to be legal tender, it may somehow influence the market. Or any major company accepting btc as payment. But for now, let's be grateful that we are heading to the positive direction rather than downward movement as some predicted.

Support from small countries helps in the longer term while small good news from a big nation like the United States can disrupt or pump the market. I always feel organic and sustained growth is far superior to pumping.

tbct_mt2

hero member

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Quote from: Masplanc on July 28, 2021, 04:22:24 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 never change. They are fearful when they should be gread. They are greed when they should be fearful.

They did not join when Fear & Greed index is 10, days ago, and now when the index is 50, they want to join the market.

https://alternative.me/crypto/fear-and-greed-index/

isaac_clarke22

sr. member

Activity: 1610

Merit: 264

Quote from: Vaculin on July 28, 2021, 05:51:20 PM

~

Meh. I wished it could have dropped a bit more so that I could have bought more actually.
Not every increases are good enough. I'll just keep on hold of my fiat and wait for another dip so I could buy more.
On the other side, it is still good to see that we managed to get past 40k.

Tim-BTC

member

Activity: 84

Merit: 18

Short-term fluctuations cannot affect me.
Hold for life and befriend time. Grin

Extend the investment time, reduce the number of transactions, and you will find more gains.

Masplanc

member

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Merit: 34

Quote from: CaVO32 on July 28, 2021, 06:56:08 PM

Quote from: Johnyz on July 28, 2021, 06:44:58 PM

It can still go down to $35k but we need good news to sustain what we have now. .

No panic.. going down or coming up is the nature of the market, the most important thing is one to have understanding and know what to do when it comes down instead of being in intention because of drop in price

CaVO32

full member

Activity: 1848

Merit: 158

Quote from: Johnyz on July 28, 2021, 06:44:58 PM

Its good that we are able to rise again unexpectedly since there’s no big news aside from private institutions coming into this market, and Bitcoin was able to sustain its momentum going up. For now, we have to retest the resistance level and hopefully was able to break it again because if not, sideways trend are more possible. I’m confident that the bottom was already hit and Bitcoin price wont go down below $35k again, hopefully.

It can still go down to $35k but we need good news to sustain what we have now. But in any case, we need to prepare what's about to come. If we will hear another country considering bitcoin to be legal tender, it may somehow influence the market. Or any major company accepting btc as payment. But for now, let's be grateful that we are heading to the positive direction rather than downward movement as some predicted.

goinmerry

legendary

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Merit: 1083

Quote from: Masplanc on July 28, 2021, 04:22:24 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 .

It's just a common thing to expect especially if those people bought at the peak. What do you think they feel after the bitcoin price crash later on? Be happy?

The crash was an advantage to those who will just make another purchase but not to those who bought at the top and keep their faith holding their bitcoin while crashing. Scared to trade isn't the right thing to call them but they are just doing some safety actions. Of course, they know that buying in a dip is a good thing to do on the crash but they can't just consider doing it because of financial things.

Johnyz

full member

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Its good that we are able to rise again unexpectedly since there’s no big news aside from private institutions coming into this market, and Bitcoin was able to sustain its momentum going up. For now, we have to retest the resistance level and hopefully was able to break it again because if not, sideways trend are more possible. I’m confident that the bottom was already hit and Bitcoin price wont go down below $35k again, hopefully.

ultrloa

legendary

Activity: 2758

Merit: 1228

Quote from: Masplanc on July 28, 2021, 04:22:24 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

Its a bit relief to see bitcoin pumps after series of dumps happening on it for the past couple of days and now it stabilize at the current point also I think that we can see more from it since bitcoin is showing some good strength right now. I'm just curious on what will happen on bitcoin on August since it known as Ghost month and mostly bear strikes happen on thag month hopefully we cannot see a huge dip after this month came.

idrinkchocolatemilk

newbie

Activity: 18

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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. While a run like this makes it very likely that cryptocurrencies will soon go to $100,000 or more, there are many that believe that it could end as soon as this week. For those who have an interest in buying Bitcoin, the 2021 year has brought on plenty of opportunities to make a killing.

Vaculin

hero member

Activity: 2940

Merit: 613

Winding down.

7 out of 10 are most likely they feel worried and even regrets when seeing Bitcoin's price is dropping. It was too hard to control ourselves especially when we are still in doubt and have no faith in Bitcoin. But I'd never seen that these people are in panic selling, though they might felt such worries however they are still able to hold it. That is why we are not able to see the market drops so bad but instead, we saw recoveries after a short dump.

Masplanc

member

Activity: 798

Merit: 34

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

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