Topic: Our Dear Bitcoin and its price movement. - page 2. (Read 488 times)
With the advent of China's policy, it is still difficult for the price of Bitcoin to rebound quickly. Recent news that is not conducive to Bitcoin has caused many Chinese to sell Bitcoin. This is the fundamental reason why its price cannot rise. At the same time, due to restrictions on exchanges in China, the channels for converting fiat currencies into stable currencies such as USDT are limited. The decrease in incremental funds in the market is also one of the reasons why the price of Bitcoin cannot rise.
When I see the current market situation I feel that it is actually not really a good time to buy because we already reach lowest point in recent bitcoin price fall period. But I think it still okay to buy because we still can expect profit as long as we hold for long term, maybe for around 2 or 3 months. And I am sure that it is not the right time to sell because maybe we will face a bullish market trend again soon. So in my opinion it is just a correct time to hold. I already bought bitcoin and some cryptocurrencies when it's price almost reach lowest level so I actually have good position right now, if I sell now then I can get small profit but I will not do it. I will wait.
Recently the Chinese government has banned all types of crypto. I think this has had a negative effect on Bitcoin. So the market has gone down a bit. But soon Bitcoin will overcome this push and the market will pump again. So I think its a good time to buy.
it may have negative impact at the moment but i highly doubt the effect will be long. the community is already in warning for this move when they ban the bitcoin mining and now, they are totally banning the use of crypto. we may see slight drop but i believe the market will go up again. the good thing here is that the crypto market is not monopolised by one country but the market is very diverse no single country has the control of it. china may have large percentage in terms of miners but eventually this will change, as miners across the globe can just find new territories that can set-up their mining facilities.
When I have to talk about the price of bitcoin, which at the time has been affected by circumstances like these, I have mixed feelings, I tell myself that I must remain calm, the bad moment will soon fade because bitcoin is proof of everything.
Evergrande's bankruptcy caused the cryptocurrency market to crash. We have a large community of Chinese investors.
Regarding bitcoin, I have recently seen on Coingecko that there is a warning not to visit the bitcoin.org website. Because it's not safe. I don't know what's going on, it saddens me a bit because I learned a lot about bitcoin on that site.
Evergrande's bankruptcy caused the cryptocurrency market to crash. We have a large community of Chinese investors.
Regarding bitcoin, I have recently seen on Coingecko that there is a warning not to visit the bitcoin.org website. Because it's not safe. I don't know what's going on, it saddens me a bit because I learned a lot about bitcoin on that site.
It's ideal to buy bitcoin for the past few days because of its low price position. The dip is something we should always take advantage of most especially if we plan to store bitcoin for the long term. Doing technical analysis before we buy and sell is very important to avoid regret later on. We must always remember one of the golden rules in investing and trading which is the "buy low, sell high" to make a profit and to avoid losses. Although for the sure price of bitcoin will still go down, depending on the news articles, movement of whales, and the likes. It's just up to us to know when is the right timing to buy, sell, and hodl.
Usually, we simply think that every dip is an opportunity to buy and this has been a common practice anymore. Even we don't use TA but as we can see the majority of the projects are in declining including the known and top coins. if we are into the look and have a plan to invest, this is really the chance to move. But on the other side, we don't expect for the recovery will even to start as soon as possible. No, and in fact, there is a chance that the declines will push more down and wait for it to gains support before the recoveries will begin. 
Recently the Chinese government has banned all types of crypto. I think this has had a negative effect on Bitcoin. So the market has gone down a bit. But soon Bitcoin will overcome this push and the market will pump again. So I think its a good time to buy.
Bitcoin will rebound I think when people least expect it. No matter Chinese govt spread fud about btc, btc will keep coming stronger. On the other hand, always hold some stable coin.
It's ideal to buy bitcoin for the past few days because of its low price position. The dip is something we should always take advantage of most especially if we plan to store bitcoin for the long term. Doing technical analysis before we buy and sell is very important to avoid regret later on. We must always remember one of the golden rules in investing and trading which is the "buy low, sell high" to make a profit and to avoid losses. Although for the sure price of bitcoin will still go down, depending on the news articles, movement of whales, and the likes. It's just up to us to know when is the right timing to buy, sell, and hodl.
What have you noticed lately about the price fluctuation of our dear bitcoin?
Something tells me it is a good time to buy, preferably *stock it* depending
on the trading style you choose, as there has been an impromptu decline in
the rate and monetary value.
yes that is depend on your strategy but in which you will be there to keep holding , and also if you did bough that time ? for sure you have earned 3-6% already now.Something tells me it is a good time to buy, preferably *stock it* depending
on the trading style you choose, as there has been an impromptu decline in
the rate and monetary value.
Quote
Though I'm optimistic that a reversal, upward trend awaits the bitcoin price
and I see it going to a 52-55k upward trend when this happens.
Let's see what it has to offer us in its next movement.
reversal is part of investing in this risky market but we must understand the opportunity offered here in bitcoin.and I see it going to a 52-55k upward trend when this happens.
Let's see what it has to offer us in its next movement.
if you are here already for some time? then you must know what will happen in the future is depend on your capacity to wait .
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
What have you noticed lately about the price fluctuation of our dear bitcoin?
Something tells me it is a good time to buy, preferably *stock it* depending
on the trading style you choose, as there has been an impromptu decline in
the rate and monetary value.
Though I'm optimistic that a reversal, upward trend awaits the bitcoin price
and I see it going to a 52-55k upward trend when this happens.
Let's see what it has to offer us in its next movement.
If you believe there will be a reversal, you should buy before the price rises because that will be too late to take action to buy bitcoin. The price itself will rise sooner or later and if you do not ready with that, I think you can be late to take profit from bitcoin and only watch the price increase. This price will be a good price to buy, but that will depend on whether you want to buy right now or are still waiting for another lower price. I only hope you know what you will do.Something tells me it is a good time to buy, preferably *stock it* depending
on the trading style you choose, as there has been an impromptu decline in
the rate and monetary value.
Though I'm optimistic that a reversal, upward trend awaits the bitcoin price
and I see it going to a 52-55k upward trend when this happens.
Let's see what it has to offer us in its next movement.
Many believe that there's a reversal we see so many turn up of events like this keep happening from the past or even by now but what newbie mistake is they just dump all their shits and buy again once bitcoin price climb up again that's why sometimes they got hit by a dump for another round again. That's why if we need to trade again to recover back we should buy again when the price became quite stable or it showing some sign that it will pump again so that we can earn the reversal or the pump that possibly happen.
A more profitable and safer strategy would be to buy significant dips with amount of money you can afford to risk. You may then sell bit by bit as price goes up in the future if you need some money for other important needs in your life. This model is safer and will likely minimize volatility caused by people buying or selling too much at the same time. Your buying and selling strategy should be unpredictable for certain reasons
When the price is dumping as it is now we will certainly use this opportunity as best as possible, because investing in the long term will definitely get maximum results but there are also some holdings that feel panic when the price is falling as it is today, then every investment we must be ready to lose our assets because not everything we predict will go our way, and rest assured for now is the right time to buy bitcoin and we also have to choose some potential altcoins if the capital we have is quite large.
The situation like that has already taken place, the market has reached over $50,000 and dropped back to $40,000. Funny enough there are people who has predicted that before the year runs out that we are going to see the price of Bitcoin reach over $300,000, now the year is slowly coming to an end and we haven’t seen anything that will motivate us to believe that we are going to reach a price that is as close to that.
But, I believe we’re still going to have another shot and that’s $50,000 or maybe $60,000, any one of them is possible. But I am not sure of anything more than that. Then as from next year we will see what the price in the market holds for us
Truth is bitcoin will not be 300k this year. I know that there is a chance for it happening, I know that even on the last day we can't say "it won't" because technically speaking it can always go up, it depends on what happens with whales and all. However reality is that 300k looks as improbable as it gets right now.But, I believe we’re still going to have another shot and that’s $50,000 or maybe $60,000, any one of them is possible. But I am not sure of anything more than that. Then as from next year we will see what the price in the market holds for us
However, a big increase is not that far away from reality, that part could definitely happen if we are lucky enough. Remember bitcoin was just 30k during January and 64k in may, so in 3-4 months it became 2x, if we are 2x from the current price that is 80k and we do have nearly 4 months left, or 3 months more likely. So a good 70k-80k is not out of question at all. I am not saying that it will happen, I am just saying that even though 300k is looking difficult, 70k to 80k is something that we could definitely see happening.
You don't have any other choice when you piling up more Bitcoin other than keeping it or trade it.
That's all you can choose from and the latter is riskier so I'd pick the long-term investing.
If it's a good choice to buy, it is. We have already seen the dump after $60k and now we are like in the bottom, that's my opinion.
Bitcoin always comes back up after it is pushed down, it is just patience that you need and avoid being affected by sudden price movements.
That's all you can choose from and the latter is riskier so I'd pick the long-term investing.
If it's a good choice to buy, it is. We have already seen the dump after $60k and now we are like in the bottom, that's my opinion.
Bitcoin always comes back up after it is pushed down, it is just patience that you need and avoid being affected by sudden price movements.
What have you noticed lately about the price fluctuation of our dear bitcoin?
Something tells me it is a good time to buy, preferably *stock it* depending
on the trading style you choose, as there has been an impromptu decline in
the rate and monetary value.
Though I'm optimistic that a reversal, upward trend awaits the bitcoin price
and I see it going to a 52-55k upward trend when this happens.
Let's see what it has to offer us in its next movement.
If you believe there will be a reversal, you should buy before the price rises because that will be too late to take action to buy bitcoin. The price itself will rise sooner or later and if you do not ready with that, I think you can be late to take profit from bitcoin and only watch the price increase. This price will be a good price to buy, but that will depend on whether you want to buy right now or are still waiting for another lower price. I only hope you know what you will do.Something tells me it is a good time to buy, preferably *stock it* depending
on the trading style you choose, as there has been an impromptu decline in
the rate and monetary value.
Though I'm optimistic that a reversal, upward trend awaits the bitcoin price
and I see it going to a 52-55k upward trend when this happens.
Let's see what it has to offer us in its next movement.
Many believe that there's a reversal we see so many turn up of events like this keep happening from the past or even by now but what newbie mistake is they just dump all their shits and buy again once bitcoin price climb up again that's why sometimes they got hit by a dump for another round again. That's why if we need to trade again to recover back we should buy again when the price became quite stable or it showing some sign that it will pump again so that we can earn the reversal or the pump that possibly happen.
Well, some investors are worrying because of the downtrend but for me its a normal situation already, thats the nature of crypto, its high volatile.
Thus instead of thinking of the possible reason why bitcoin and alts are declining, I'd rather focus on how to take advantage the current situation. Its a temporary scene and eventually the price will bounce back and it can happen in a short period.
Hence keep buying if you believe bitcoin has a great future to look forward.
Thus instead of thinking of the possible reason why bitcoin and alts are declining, I'd rather focus on how to take advantage the current situation. Its a temporary scene and eventually the price will bounce back and it can happen in a short period.
Hence keep buying if you believe bitcoin has a great future to look forward.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
What have you noticed lately about the price fluctuation of our dear bitcoin?
Something tells me it is a good time to buy, preferably *stock it* depending
on the trading style you choose, as there has been an impromptu decline in
the rate and monetary value.
Though I'm optimistic that a reversal, upward trend awaits the bitcoin price
and I see it going to a 52-55k upward trend when this happens.
Let's see what it has to offer us in its next movement.
If you believe there will be a reversal, you should buy before the price rises because that will be too late to take action to buy bitcoin. The price itself will rise sooner or later and if you do not ready with that, I think you can be late to take profit from bitcoin and only watch the price increase. This price will be a good price to buy, but that will depend on whether you want to buy right now or are still waiting for another lower price. I only hope you know what you will do. Something tells me it is a good time to buy, preferably *stock it* depending
on the trading style you choose, as there has been an impromptu decline in
the rate and monetary value.
Though I'm optimistic that a reversal, upward trend awaits the bitcoin price
and I see it going to a 52-55k upward trend when this happens.
Let's see what it has to offer us in its next movement.
Though I'm optimistic that a reversal, upward trend awaits the bitcoin price
and I see it going to a 52-55k upward trend when this happens.
Let's see what it has to offer us in its next movement.
The situation like that has already taken place, the market has reached over $50,000 and dropped back to $40,000. Funny enough there are people who has predicted that before the year runs out that we are going to see the price of Bitcoin reach over $300,000, now the year is slowly coming to an end and we haven’t seen anything that will motivate us to believe that we are going to reach a price that is as close to that.and I see it going to a 52-55k upward trend when this happens.
Let's see what it has to offer us in its next movement.
But, I believe we’re still going to have another shot and that’s $50,000 or maybe $60,000, any one of them is possible. But I am not sure of anything more than that. Then as from next year we will see what the price in the market holds for us
If you wanna buy Bitcoins,just buy Bitcoins.Don't seek for advise.
September is historically a bad month for BTC,so there won't be any bull run in the next 8 days,I guess.
Everybody is watching the situation with Evergrande in China and everyone is asking about will there be a wave of bankrupts,that will cause a new global financial and economic crisis.
I actually expect a stock market crash to pump the Bitcoin price,because BTC is an alternative to stocks.
On the other hand the Bitcoin price might follow the stock prices drop,at least in the short term,which is a great opportunity to buy cheap BTC.
So yeah,this looks like a definitely good time to buy Bitcoins.
September is historically a bad month for BTC,so there won't be any bull run in the next 8 days,I guess.
Everybody is watching the situation with Evergrande in China and everyone is asking about will there be a wave of bankrupts,that will cause a new global financial and economic crisis.
I actually expect a stock market crash to pump the Bitcoin price,because BTC is an alternative to stocks.
On the other hand the Bitcoin price might follow the stock prices drop,at least in the short term,which is a great opportunity to buy cheap BTC.
So yeah,this looks like a definitely good time to buy Bitcoins.
i lately noticed that it is more stable or if not it will drop down a bit and will stay there for some time .
your right tho about buying since its way cheaper now than its last value which was above 50k but you could be wrong in your price predictions .
btc wont go 52 to 55k but when the reversal happen but it will be over than that , preferably 100k . you know the drill guys 👉 accumulate and hold
your right tho about buying since its way cheaper now than its last value which was above 50k but you could be wrong in your price predictions .
btc wont go 52 to 55k but when the reversal happen but it will be over than that , preferably 100k . you know the drill guys 👉 accumulate and hold
Jump to: