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Topic: It's a good time for bitcoin (Read 587 times)

sr. member
Activity: 2296
Merit: 360
June 26, 2021, 04:00:21 PM
#65
it seems it's still not good to enter Bitcoin now, because there are still many people waiting for below $30k again,
indeed last time it fell below $30k and was at $29k price, but it bounced again and went up to $34k more,
huh and now it's down to $31k again, how about that? for me it is still confusing because the price of bitcoin is too volatile
When it comes to technical then this isnt the right time since it hadnt still able to break out that 30k support and still strongly been holding it which is a strong indication that there are really people who had been catching on prices above 30k price point which i can consider to be this level as a good entry point if i were to say but if you do purely based up on technicals then its really hard to determine because of unpredictability of the market movement which is really making more hard for us to predict on where it would be heading next but due to some rumors and fuds then it isnt really bad to wait up even a little longer until the support would break in and tending to enter on more cheaper prices but of course nothing is guaranteed.
full member
Activity: 1048
Merit: 102
June 26, 2021, 02:59:38 PM
#64
it seems it's still not good to enter Bitcoin now, because there are still many people waiting for below $30k again,
indeed last time it fell below $30k and was at $29k price, but it bounced again and went up to $34k more,
huh and now it's down to $31k again, how about that? for me it is still confusing because the price of bitcoin is too volatile
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
June 26, 2021, 06:40:57 AM
#63
nice to hear, so many people are increasingly putting their trust in bitcoin and feeling optimistic about it. It is highly probable that bitcoin has succeeded in developing and continues to be in demand from the positives from it, I personally continue to favor bitcoin in this world, and believe in its value will be higher with the fluctuation.
People who are already involved in bitcoin for a long time ago believe in bitcoin and will buy more bitcoin in a dip.
They are not just buying but they also sell it to make money.
Bitcoin will still grow and reach more people from all countries and we will see the mass adoption will also grow in the future.
As long as people can learn more about bitcoin, they will get the benefits of bitcoin.
But people are not forced to invest in bitcoin if they do not like and that will be their choice.
People had to please themselves to come into crypto and invest in Bitcoin simply because of money/profit. Even we heard a lot of people saying Bitcoin is a scam, it will be dead soon, it never stops people from coming in. It is because it was not what they know about Bitcoin, what they know it has a brighter future and those who will invest will make a profit in the end.

Maybe, 10 years from now, half of the global population will use and invest in Bitcoin. And that it will include the increased number of establishments that are accepting cryptocurrencies.
Most people say bitcoin is a scam because they do not search for more information about bitcoin, but they only invest and see their money grow.
But it did not work like that as bitcoin price will not always increase so high but the price can also get down deeper.
They need to know when they decide to invest in bitcoin so they do not just follow other people's suggestions, which can make them lost in the investment.
Bitcoin has a bright future as crypto itself can be used for investment and payment system. People can choose what coins they want to use to pay or invest, but bitcoin will be their main investment.


nice to hear, so many people are increasingly putting their trust in bitcoin and feeling optimistic about it. It is highly probable that bitcoin has succeeded in developing and continues to be in demand from the positives from it, I personally continue to favor bitcoin in this world, and believe in its value will be higher with the fluctuation.
People who are already involved in bitcoin for a long time ago believe in bitcoin and will buy more bitcoin in a dip.
They are not just buying but they also sell it to make money.
Bitcoin will still grow and reach more people from all countries and we will see the mass adoption will also grow in the future.
As long as people can learn more about bitcoin, they will get the benefits of bitcoin.
But people are not forced to invest in bitcoin if they do not like and that will be their choice.
The condition of crypto prices, which are currently bearish, is an opportunity for investors and traders to try to entry crypto assets such as Bitcoin or other crypto, because indeed along with the price correction that is happening today, of course, we will get a lower risk if we choose to buy Bitcoin when the price is correcting, and as you said now this is an opportunity for those of us who believe in crypto to go in and buy as much as we can , because the prospects for crypto assets like Bitcoin will be positive along with high market interest later, although now This has received a lot of negative sentiment from various parties who are anti-crypto, but I personally believe that in the end those who are anti-crypto all this time will accept crypto as an investment or digital currency which is very important along with technological developments in this era modern now this.
Those who anti-crypto will see how strong the crypto power works and they will not imagine why that can be like that.
They just do not follow the crypto journey since the beginning and they do not invest in crypto so it is easy for them to say like that.
When the price is down a lot, they just say that the crypto is not good because it can scam others and make them lose their money.
So in this bearish moment, it is better we invest more in bitcoin and other potential coin and not think much about the negative news or sentiment out there and let them see how crypto can rise again soon.
full member
Activity: 868
Merit: 150
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June 26, 2021, 04:26:09 AM
#62
Despite the bad condition of the market in terms of prices now, Bitcoin continues to be known and used by more people every day. This is one of the good things that can help Bitcoin adoption go on quicker than ever. Whatever governments do to prevent Bitcoin, it won't be enough to stop Bitcoin from now on.
I think that if one government is angry and determined enough, I think that they will be able to do some damage to the market, look at what China has done to the market.
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
June 26, 2021, 04:16:01 AM
#61
how can you say this is a good time for bitcoin? even though the Bitcoin price is currently being dumped and will continue to dump maybe until 2024,

I don't think so, the dumps most likely will begin either year ending or early 2022 but not now. Although for the short term, the market and s bearish but that doesn't mean all hopes to be lost instead this corrections which is what we're currently experiencing should be seen as an accumulating opportunity and shouldn't be missed as the possibility of becoming having a come back to record a new all time high for the year is still in the picture.

Some support prices should be watched out for, if the support at $29k stays strong and there's a breakout then buying orders should be done immediately, don't go all in though as the breakout could be false, you should wait for a confirmation and also you should watch out if the support is been broken then wait for the retest of the $25k trading zone.
hero member
Activity: 2030
Merit: 402
June 25, 2021, 02:51:37 PM
#60
Despite the bad condition of the market in terms of prices now, Bitcoin continues to be known and used by more people every day. This is one of the good things that can help Bitcoin adoption go on quicker than ever. Whatever governments do to prevent Bitcoin, it won't be enough to stop Bitcoin from now on.
legendary
Activity: 3066
Merit: 1129
June 25, 2021, 02:02:46 PM
#59
The condition of crypto prices, which are currently bearish, is an opportunity for investors and traders to try to entry crypto assets such as Bitcoin or other crypto, because indeed along with the price correction that is happening today, of course, we will get a lower risk if we choose to buy Bitcoin when the price is correcting, and as you said now this is an opportunity for those of us who believe in crypto to go in and buy as much as we can , because the prospects for crypto assets like Bitcoin will be positive along with high market interest later, although now This has received a lot of negative sentiment from various parties who are anti-crypto, but I personally believe that in the end those who are anti-crypto all this time will accept crypto as an investment or digital currency which is very important along with technological developments in this era modern now this.
I am not saying that it is a bad time to buy, because bear is literally the perfect time to buy, but I have to say I understand the ones who do not. Think about it, price was 60k+ a little bit over a month ago, and it was over 40k just what... a week ago? And now we have seen under 30k for the first time in god knows how many months.

This is why I am not really shocked about what happened here, it is totally understandable and people are afraid, let them be afraid if they want to because that is how you get back to regular prices, fear is not something we should avoid, it should be something we embrace and then slowly go away. People will not be afraid of buying at this price forever, eventually people will realize that it is going to be decent and it is going to be acceptable and that is why we are going to slowly see more and more people accept the situation and keep on buying.
member
Activity: 949
Merit: 48
June 25, 2021, 12:49:32 PM
#58
As each day passes without the 30K being broken, the sellers grow increasingly frustrated.

Holdings of HODLers increase with every passing day.

As time passes, the consolidation becomes longer.

Diamond-handed retailers earn money every day in order to buy more bitcoin.

Each day brings companies and institutions that are considering buying one step closer to a very good price.

Our footsteps are being followed by more and more countries every day.

Bitcoin is becoming more popular every day.

Death will be imminent if the bears are unable to deal a deadly blow.
It is always a good time to buy when price is down it is low at risk and you dont need a big capital than investing in a high price. I saw bitcoin price 30k$ so of you believe that it will still rise before year end then you can still invest on it. It always depend on you as an investor you need to make a hard decision crypto is high on volatility so it does not have an asurance of earnings it always depend on your decision and luck.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
June 25, 2021, 12:33:37 PM
#57
I have very good hopes and I do not deny it, I am being very optimistic about BTC, I know that now it may be going through a moment of enormous volatility, in fact the bears think they have their paradise, but in reality I see it as a strong correction Despite many negative opinions by some experts, but I agree with the opinion of this article is special:


Quote
Namely, long-term holders have added 120,739 BTC while "young" investors have reduced their holdings by 97,333 BTC.

Similar processes were observed in 2013 and 2016. According to the newsletter, that’s how experienced Bitcoiners are "setting the floor" for the next phase of the bull run.
Source: https://u.today/bitcoin-aggressively-accumulated-by-strong-hands-analyst

Pompliano has always been one of the people that I follow the most in this world, his opinions seem very correct to me, besides that he is an influencer, I think that every investor should be very aware of his publications.
full member
Activity: 1251
Merit: 103
Buzz App - Spin wheel, farm rewards
June 25, 2021, 12:03:07 PM
#56
how can you say this is a good time for bitcoin? even though the Bitcoin price is currently being dumped and will continue to dump maybe until 2024,
this is because the halving is over, and the bad news about miners in china is also not allowed to operate anymore, very terrible, and very sad, I
 think bearish has come, looks like good news is also meaningless in the market
Since we have no control over the market, it's kinda hard to predict what's going to happen next. Bitcoin market is so much volatile to handle, it could changes your overview in just a overnight. So, while the majority is selling their share, there only educated guy is falling their bags. Bitcoin is here to stay, just play safe.
Well i agree that we dont really have the control on market, even if bitcoin is falling today there is a great posibility that it will still rise tomorrow, that is why even if our holding is now down we can still hold it for good because we dont know what will happen after this down fall, and i believe that holding is still a good strategy for now.
hero member
Activity: 868
Merit: 504
June 25, 2021, 11:01:19 AM
#55
how can you say this is a good time for bitcoin? even though the Bitcoin price is currently being dumped and will continue to dump maybe until 2024,
this is because the halving is over, and the bad news about miners in china is also not allowed to operate anymore, very terrible, and very sad, I
 think bearish has come, looks like good news is also meaningless in the market
Since we have no control over the market, it's kinda hard to predict what's going to happen next. Bitcoin market is so much volatile to handle, it could changes your overview in just a overnight. So, while the majority is selling their share, there only educated guy is falling their bags. Bitcoin is here to stay, just play safe.
full member
Activity: 1048
Merit: 102
June 25, 2021, 10:52:49 AM
#54
how can you say this is a good time for bitcoin? even though the Bitcoin price is currently being dumped and will continue to dump maybe until 2024,
this is because the halving is over, and the bad news about miners in china is also not allowed to operate anymore, very terrible, and very sad, I
 think bearish has come, looks like good news is also meaningless in the market
sr. member
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
June 25, 2021, 10:43:58 AM
#53
nice to hear, so many people are increasingly putting their trust in bitcoin and feeling optimistic about it. It is highly probable that bitcoin has succeeded in developing and continues to be in demand from the positives from it, I personally continue to favor bitcoin in this world, and believe in its value will be higher with the fluctuation.
People who are already involved in bitcoin for a long time ago believe in bitcoin and will buy more bitcoin in a dip.
They are not just buying but they also sell it to make money.
Bitcoin will still grow and reach more people from all countries and we will see the mass adoption will also grow in the future.
As long as people can learn more about bitcoin, they will get the benefits of bitcoin.
But people are not forced to invest in bitcoin if they do not like and that will be their choice.
The condition of crypto prices, which are currently bearish, is an opportunity for investors and traders to try to entry crypto assets such as Bitcoin or other crypto, because indeed along with the price correction that is happening today, of course, we will get a lower risk if we choose to buy Bitcoin when the price is correcting, and as you said now this is an opportunity for those of us who believe in crypto to go in and buy as much as we can , because the prospects for crypto assets like Bitcoin will be positive along with high market interest later, although now This has received a lot of negative sentiment from various parties who are anti-crypto, but I personally believe that in the end those who are anti-crypto all this time will accept crypto as an investment or digital currency which is very important along with technological developments in this era modern now this.
hero member
Activity: 2982
Merit: 610
June 25, 2021, 09:09:37 AM
#52
nice to hear, so many people are increasingly putting their trust in bitcoin and feeling optimistic about it. It is highly probable that bitcoin has succeeded in developing and continues to be in demand from the positives from it, I personally continue to favor bitcoin in this world, and believe in its value will be higher with the fluctuation.
People who are already involved in bitcoin for a long time ago believe in bitcoin and will buy more bitcoin in a dip.
They are not just buying but they also sell it to make money.
Bitcoin will still grow and reach more people from all countries and we will see the mass adoption will also grow in the future.
As long as people can learn more about bitcoin, they will get the benefits of bitcoin.
But people are not forced to invest in bitcoin if they do not like and that will be their choice.
People had to please themselves to come into crypto and invest in Bitcoin simply because of money/profit. Even we heard a lot of people saying Bitcoin is a scam, it will be dead soon, it never stops people from coming in. It is because it was not what they know about Bitcoin, what they know it has a brighter future and those who will invest will make a profit in the end.

Maybe, 10 years from now, half of the global population will use and invest in Bitcoin. And that it will include the increased number of establishments that are accepting cryptocurrencies.
sr. member
Activity: 2828
Merit: 344
win lambo...
June 25, 2021, 08:18:22 AM
#51
I will be more glad if these whales start to sell and will have a hard time buying afterward.
That means Bitcoin could be scattered to anyone. i.e. small investors or merchants.
Somehow it could also balance the market and not allowing to have sudden dumps and pumps in larger numbers.
Manipulation will be minimized and volatility may not be that high anymore. It can happen but it needs patience for individual waiting for the right entry point. $29k was a good choice.
I never think, though. Whales will never let go of their investment just for that particular reason but instead, they will accumulate more and more.

Seeing the market price scheme, I'd never when to have the right entry. Now the market is so tricky, can't tell when the market will dump and when to pump. It is sometimes we get surprised by the dump (just like in the past days) I'd never know if someone had predicted it but for sure, the majority did not. All we think about manipulation and the truth was, we are bound together.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
June 25, 2021, 08:07:21 AM
#50
nice to hear, so many people are increasingly putting their trust in bitcoin and feeling optimistic about it. It is highly probable that bitcoin has succeeded in developing and continues to be in demand from the positives from it, I personally continue to favor bitcoin in this world, and believe in its value will be higher with the fluctuation.
People who are already involved in bitcoin for a long time ago believe in bitcoin and will buy more bitcoin in a dip.
They are not just buying but they also sell it to make money.
Bitcoin will still grow and reach more people from all countries and we will see the mass adoption will also grow in the future.
As long as people can learn more about bitcoin, they will get the benefits of bitcoin.
But people are not forced to invest in bitcoin if they do not like and that will be their choice.
hero member
Activity: 3052
Merit: 651
June 25, 2021, 02:11:02 AM
#49
I will be more glad if these whales start to sell and will have a hard time buying afterward.
That means Bitcoin could be scattered to anyone. i.e. small investors or merchants.
Somehow it could also balance the market and not allowing to have sudden dumps and pumps in larger numbers.
Manipulation will be minimized and volatility may not be that high anymore. It can happen but it needs patience for individual waiting for the right entry point. $29k was a good choice.
member
Activity: 1120
Merit: 68
June 25, 2021, 01:42:20 AM
#48
nice to hear, so many people are increasingly putting their trust in bitcoin and feeling optimistic about it. It is highly probable that bitcoin has succeeded in developing and continues to be in demand from the positives from it, I personally continue to favor bitcoin in this world, and believe in its value will be higher with the fluctuation.
I think that it's the only way that you can do with bitcoin, trusting the process but we can't be too optimistic, remember that. It's much better to be practical with how you do in bitcoin because it helps you think the best decision even if that decision means selling to cut loss.
hero member
Activity: 2688
Merit: 588
June 25, 2021, 01:26:59 AM
#47
Our footsteps are being followed by more and more countries every day.

Bitcoin is becoming more popular every day.
This has been happening over a decade of time and just because of that only I am here. In rough estimate, within another 10 to 15 years of time, more than half of world population might be aware of bitcoin and might be holding some bitcoins. Overall in my opinion, it is always a good time to buy bitcoin with long term plans and when more people agree with me, I guess up to 80% of world population might be aware of bitcoin somehow.

Its summer and people are travelling and most markets are choppy, including stock markets. There is less volume and moves are smaller than average and its very easy to get caught up in this chop.
There might be multiple justification for why we are having sideways right away but accumulating right now with plans of year long holding will get definite profits. Like most other people, ATH of 2021 is yet to be attained.
sr. member
Activity: 924
Merit: 255
June 25, 2021, 01:15:42 AM
#46
nice to hear, so many people are increasingly putting their trust in bitcoin and feeling optimistic about it. It is highly probable that bitcoin has succeeded in developing and continues to be in demand from the positives from it, I personally continue to favor bitcoin in this world, and believe in its value will be higher with the fluctuation.
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