Topic: Signs of a better year for btc investors (Read 1134 times)

I have no doubt that the bitcoin price will be higher on 1st January 2024 than it was on 1st January 2023. I do not think we will see a new ATH in 2023 but it should be a green candle year. Historically that is what has happened after a bear market year following a big ATH year (check your history).

Now is a good time to buy, you will certainly be in respectable profit if you can buy now & hold for a couple of years at least.

We dont even know on what we are currently experiencing but much sure that everything do really looks unpredictable and totally random.Who had really thought that we would be seeing some good increase as of today?
If we do speak about fundamentals then people do keeps an eye into that CPI report but it seems that Bitcoin or crypto market doesnt really care at all but rather it do make out some huge movement as of this moment.
It is really that hard to make out some conclusion into a market which is really that hard to guess on.Signs for a better year? No one knows because everyone is really tending to look
and watch after bull run moment.

I think so too. This couldn't be the bull run we are all waiting for, I mean it's too early for me. Predictions say there's at least a year more or so for us to fully prepare for the surefire bull run that will commence following the halving, but I guess making money whilst getting there isn't so bad as well. Thus far 2023 has been very good to bitcoin. The Russo-Ukrainian War is simmering down to their last few skirmishes, the economy is slowly recovering following multiple efforts to stabilize it, and more few things that have happened globally all lead to a very positive result for bitcoin and most assets as well for that matter. I just hope this carries on until 2024 when bitcoin's sure to increase in value courtesy of the halving happening sometime during that particular year.

I personally think the uptrend we have been seeing in the price of bitcoin is a preparation for what is to come in 2024, we all know that we have a bitcoin halving coming up next year and if bitcoin will keep to its bull run circle like before, then a bull run is expected next year, this is probably the reason why investors are currently buying bitcoin and holding in anticipation for next year.

But by the way, thanks for the advice, I hope those who are not yet holding bitcoin would listen.

I am not entirely sure if it is a bull run or a bull trap, and I wouldn't know the difference even if you put it on my face, but I am pretty sure that it is something I would not be able to care neither, who cares?

I mean it is obvious that bitcoin will go up either today or tomorrow or a year later but it will go up, which means that I will make a profit for sure, the only thing that changes in this situation is how long I would have to wait and not really care about that neither, so I could wait a long time if it means I will profit. Bitcoin is something that has a great future and people need to realize that they will profit from it as long as they are willing to wait.

We do really crave to see it back and up by $30k+ but we have to be patient at these times because whenever bitcoin is stable, that's when the unexpected movements come.
But I'll just take and agree that this year was a great starter for bitcoin and if this continues up to next year when the halving is scheduled to happen. This progress will show positive results.

Bitcoin have good progress in this years start from early 2023 until this month keep growing up until Bitcoin ever reached almost $24,000 although little correction and current Bitcoin price today above $22,700. I think have positive side with this year during two months have many positive change with Bitcoin until price growing up more than 10% from last year drop under $17,000.

Still not bad news and bad economic global this year and make Bitcoin keep stable in higher price, I don't think for next month keep bitcoin stable or have good progress back again to higher price and give positive impact for all investor have waiting longer time seeing Bitcoin back above $30,000 until $40,000.

It has been said that there is a 30 percent increase which have happened in Bitcoin in a month or so course. Imagine that? I think 30 percent is already huge, more if we are investing a whole coin but the fun doesn't stop there.

People are still bullish so it's a must if we will HODL for a while and continue some buying since there are a few corrections that is felt along the way. Less experienced people are actually more encouraged to invest once they see the value improves but some veterans thinks it's not wise for accumulation. There are still old Bitcoiners who are now into longer terms so they will just do a DCA no matter what is the condition of the market.

The end of the conflict between Ukraine and Russia also has a good impact on global economic growth. People had also moved on from suffering losses and distrust in the market making them back on investing again. If the momentum continues, this year will be a good year for crypto as the price will recover. However, it was not enough to think about for another ATH I was thinking about gaining back the trust of huge investors and giving some room for newcomers to enjoy the market.

Looks like we are heading into a good year concerning bitcoins this time since the correction and the bad negative impact of the FTX are already gone. Now when the price is continue rising, people will always ignore its past history, especially when they blame bitcoins for their scam accusations years ago and last year's hilarious blame for the cause of global warming and they put it on bitcoins and the crypto miners. As long as people will open their hearts and minds, these hostile groups will not be successful in their plan to stop the spread and popularity of bitcoins and the rising of its price.

You know how much profit you would be making by now if you had invested when you made this post. Bitcoin is now above $21,000 and it is going to rise more in days to come. But the problem with investors is that they are always afraid to invest until price begins to rise.


That will turn out to be your best decision in life if you do that now. Bitcoin will do well this year and next. Anyone who is interested in bitcoin should make that investment in bitcoin now.

In 2018, at a tech conference in Amsterdam, Tim Draper predicted that Bitcoin would reach $250,000 in 2022 but that did not happen.
The CEO of crypto lender Nexo predicted that Bitcoin will hit 100,000 in 2022. Nikolaos and his team thought there would be $13000 in 2022, but none came true. Bitcoin exists on its own terms. It is neither bullish nor bearish through anyone's assumption.

In the year of 2022 6 of the 10 biggest cryptocurrency hacks took place in 2022. Cryptocurrencies and crypto exchanges have had a major crash. There is a lot of frustration among investors. But all this starts to turn green from the beginning of 2023. The current market position can reach a better state. Maybe this year crypto will take the green signal. Which can be reflected very quickly.

I wish this is indeed what we are truly experiencing nowadays and not just another traps. there are good act towards bitcoin and ofcourse followed by altcoins but the question is that are we truly having bull run? or just that whales is dealing with another whales for manipulation?


in this that i am scared , because we are still in bearish season , as I know that bitcoin is still year away from halving , so chances of hitting these? I'm not sure if the right way to treat the market now, just be careful guys and be ready for what to happen..

it stopped at 24k and now drowning again , I don't know how much it will drop from here.
connection of these please?

I'm struggling to make out what you meant here in relevance to the topic of discussion. You've to improve your game at this, otherwise you're likely getting tagged as a spammer. Stop your one-liner posts without addressing the topic at hand. That's if you want to grow and rank up in this forum.

Movement of BTC above 200 moving average and elliot wave 5 of bear market

I'm not expecting super good this year, because I know we are year before halving but yeah market shows some respect this past few days and making increases so how much are we talking about here to reach as we hodl?

there are chances of growth , I know also that bitcoin is still in bad shape , though it is 23k pricing now but opportunity to grow high are indeed on the run.

buy or invest now , or wait for another dumping , but i am enough for now.

at the time of January 17, it was 17k, now it has already grown to 23k, but it is still going up

Not really, users who have experienced the earlier down market and the all time high price never finds it a disappointment. Because, they knew that the market will bounce. Considering the price that is around $17k for a long have reached $23000+ is a big move forward. As expected the price have crossed $20k+ before the end of january. When we're closer to the halving it'll find position for a big push.

I feel this pump has happened to give some hope for the Bulls before going down again. If we went down from the 16k levels, it could reach very low levels, while going down from like 24k or 25k will reduce the probability of sub 10k. However, these analyses can't help a lot as the market is heavily manipulated, so I prefer to have a plan and stick to it.
I agree that it's better to look long term, Bitcoin has already risen up by 40% in one week and for no convincing reasons, so what will happen when we get closer to the next halving.

A good sign for those who hold bitcoin in the long and short term, because the recovery process has been going on for a week from the previous price, recovery does not need to provide a quick price increase, because if it is stable and slowly rising the potential for further recovery will last a long time, hopefully- hopefully this year Bitcoin will experience a gradual, stable recovery and will return to its highest level next year.

For the long term there is nothing to worry about, even though in the next month bitcoin will find another correction, meanwhile if people use short term patterns, then all they have to do is adjust the buying price to the selling price they want, for example the buying price is $16-$17 for now already make a profit if they want to sell it.

Nice choice OP, selling your stuff that are no longer useful to you to purchase BTC show that you will be among the investors that will achieve something good before the end of next month. The signs investors are experiencing from BTC in this month, is a good one that will bring massive Joy to those that will take their precious time to visit the market and buy BTC and hold for the price to hit back $40k before they can sell. I believe, this year 2023 will be a year of recovery and celebration, which many people are already feeling the sign in their investment already.

And it turns out that the current bitcoin price has arrived at $ 22k, which is an increase from yesterday, and there seems to be a possibility that the price will continue to increase slowly. This is a good signal because we can see strong support for bitcoin, which could increase the price even if it's not that high yet. We hope this will continue and provide more opportunities for bitcoin to break through other high prices.

And if a correction comes, we can also hope it will not be too deep because it can cause concern for some people, especially those who don't have much experience analyzing bitcoin price movements. But if they use bitcoins as a long-term investment, they have nothing to worry about, and they just need to buy bitcoins at a low price.

This prediction may come true according to the ongoing cycle, bearing in mind that bitcoin market conditions are currently experiencing a significant increase, the recovery point has been passed from the previous price correction in a few weeks. But we don't know how long this will last and hope that this year bitcoin will show a more positive direction, because it is very likely that next year bitcoin will reach the next ATH.

The long term is always profitable for investors and buyers who use gradual patterns, but must be strong and patient when market conditions are corrected again. Their sense of optimism and strength will be fueled by the knowledge they learn.

Bitcoin is skyrocketing and breaking highest levels since September Collapse and the November, And now the price is sitting at $22,300 per Bitcoin, seeing Bitcoin breaking such levels is actually positive sign for the market. And this is becoming interesting as to what this year would likely be for Bitcoin and the crypto market entirely. This shows that the Bulls are once again gradually starting to get control in the market.

The FED's interest rate adjustment may have affected the crypto market so far. Not only bitcoin, but most altcoin prices are also recovering after a year of big dump. The stock market is also moving up which is a sign that there is a shift in interest towards investing during the start of 2023. I hope this is a good start to look forward to better prices during 2023, but corrections are always possible and traders should be careful in making decisions.

Instead of trading, I think 2023 is the best year to accumulate a lot of assets if they don't do it during the final quarter of 2022. There is still an opportunity to accumulate a lot, and the target is long term.

We should not make ourselves that too optimistic because if we do look back for the opening year of 2022 on which it do  really looks that everything is good and great but in latter months then it is really becoming a nightmare and this is why i dont really dragged myself to believe on too much for positivity, im not really that bitter but better not to make yourself that hopeful so that you wont really be ending up on getting frustrated or getting annoyed for whatever things that might happen in the market.It is really hard to make out conclusions and this is why it would be better on minding yourself on taking up positions whether you should
buy or sell on a particular time.This is where risk taking would take place which is the most hardest thing at all to be done.

Let’s hope 2023 is a much better year, it can’t be much worse than 2022 can it, surely. I’ve said before I think the bottom was hit. We won’t go lower than $15,500 ever again with any luck.

Sure we will hit corrections along the way but I will be very surprised if we don’t end 2023 above $30,000. Hopefully we can all stack stress free this year. I am not in the mood for another absolute beating all year with predominantly downwards price.

Yes, people who want to enter the market should know what to do if they want to buy bitcoins. And studying continuous analysis will help them to know when to enter the market and place orders. Those who have bought bitcoins at $15k are really lucky because until now, $15k has been the lowest price of bitcoins.

And if they want to make a big profit, they need to be able to hold the bitcoins for the long term or at least sell them after the price has increased 2-3x from the purchase price. That is, of course, a big advantage they can get, especially for this year or next. Some predictions say that bitcoin prices can increase to above $ 100k. That must be a big advantage for them and us.

Bitcoin stands as a major treaty to their jobs and the rate of person that are now expose to Bitcoin fully understand the entrapment in actually saving or putting your in the bank. The bank and the fiat system always feel trethen by the decentralised nature of Bitcoin, since it's a the one true currency where the actual person has full right and control over his coins or money. The government can beat Bitcoin instead they ban it in their specific regions and say ill things about Bitcoin but we all know that Bitcoin has come to stay.

CPI falls, and the world's largest economy recovers, but it does not mean that the rest of the countries recover, for the EU they are still not much better when they are still directly affected by the war crisis between Russia and Ukraine. Meanwhile, the world's second largest economy, China, is still struggling with covid. Regarding the macroeconomic situation, I don't think 2023 will be a positive but worse year, as we are likely to enter a recession.
The crypto market is still a part of the economy, so it's hard to expect bitcoin to recover while the economy is still in crisis. What's going on with bitcoin, I still believe it's a price trap.

Yeah, it could be, but we have signs that the economy is recovering, US for example is expecting that they will have a good economy as the numbers are going down. Although there could be inflation is some countries, at least when we hear that the most powerful country is now on the recovery mode, it might send a good signal towards the end of the year and maybe at the start of 2024 where it will coincide with the biltcoin halving and the start of the bull run, we might see the overall outlook to be positive in the next couple of years.

Even in the next year bitcoin will still get the number one position in the world of crypto currency, because the limited number of bitcoins is the main reason bitcoin is the most powerful currency among other cryptocurrencies, if you have crypto money it is an asset that must be entered into your portfolio, we don't need to pay attention to negative comments from other parties and from bankers, because bankers are already comfortable with the environment, while bitcoin and blockchain are already direct competitors of people working in banking, so I think it's only natural that they make negative comments about cryptocurrencies.

I think it's just how the markets are. When there is a bad market going on, there are too many companies which are going down more and more, and those companies which survive by the trading and so forth, starts to bankrupt when people stop trading. I mean they should not be, and it's definitely not a big deal that it's bankrupting in an individual capacity, I won't mind or even care.

However, these companies do bankrupt like ftx, because they calculated everything when it was bull, and now they are not capable of paying for anything since it's a bear market. They try to survive as long as they possibly could, but when the inevitable comes, they just bankrupt.

That's why it's necessary to have basic knowledge before many people start entering the market to buy some bitcoins, I mean everyone has to understand bitcoin cycles, so they can do proper entry on some big and small purchases and for those who enter the market at $15K, currently has also benefited from the investment made, more precisely referred to as a short-term investment in bitcoin. Sometimes buying bitcoins is quite fun if people are able to understand price cycles and fluctuations, because they can take short-term opportunities under certain conditions.

But if people put the standard long term, they could hold and buy some more bitcoins going forward, even though the bitcoin price is currently around $21K, because if you look at bitcoin's recovery process it's getting closer to the resistance point before heading for the next ATH.

But sadly, most of these investors don't understand the bitcoin cycle because they came to bitcoin at a time when the price was on the upside and saw the price go through a deep drop until recently. And luckily for the people who got into the market when the price was $15k yesterday so they can buy bitcoin in bulk. But even so, now is still a good time to buy bitcoins because the price is still low. But you should still research or analyze before buying to find the best time to buy bitcoins.

Inflation is falling, but it looks like the economy will get worse as interest rates start seeping into economies around the world, potentially triggering a recession. This is what many experts fear that 2023 will be another bad year for the world economy.

If it's your prediction, it won't be good for bitcoin or crypto because once a recession hits, people will continue to have financial difficulties. They cannot spend much on investments. What is happening is not like in 2020 when the covid pandemic hit, so we cannot expect bitcoin to repeat history.

After finishing the dumping year of 2022, I started 2023 with a good start. After staying in the good for a while, suddenly a bad news appeared in the cryptocurrency market. And the bad news is that Genesis bankrupt. And the market looks a bit dumpy for this bad news. Bitcoin moved from $21,800 to $20,400. The market did not dump much on this bad news. But I hope this year 2023 will be considered a good year for investors and traders. And we have seen this sign since the beginning of 2023.

If investors had understood bitcoin cycles, I don't think they would have held off on investing now, as the count towards the recovery point is becoming increasingly visible and has shown a big change from the previous year. Yes, you can take advantage of some purchases at this time, because when bitcoin is in a bullish purchases will be much more expensive and we cannot match the capital we have.

That's right, the ranking of the accounts did not reflect any discussion boundaries, but if the knowledge of what was being discussed he comprehended, it would be much more interesting compared to the ranking of the larger accounts. I also noticed that some low ranking accounts have interesting data to discuss, for me low or high ratings are the same, as long as the discussion is based on knowledge.

From the perspective of the global economic situation, 2023 is not an optimistic year, and inflation is becoming more and more obvious. In traditional industries, prudent investment has become the unanimous view of everyone. It is precisely because of this that the encrypted world may become a hot spot for investment, attracting more investors and shareholders to the encrypted world and investing in digital currencies. Therefore, I feel that the encryption world in 2023 will gradually prosper.

Even with the current rise some potential investors are still very skeptical in investing in Bitcoin for now they all think that the recent rise in price is just some kind of trap ( there refer to it as the bull run trap). But I'm quite sure that Bitcoin is going to do better this year than it did last year and a chance for me to bag more Bitcoin.


Your forum rank doesn't really limit you in any discussion the only factor that truly limits one is his/her knowledge. As long as you have any thing to contribute to a discussion you should feel free to spill it out and don't hold back just because some higher ranked member are involved in such discussion.

It's been a week since the bitcoin price has increased, and it could be at $21k now. There is a possibility that the bullish will happen to bitcoin again as a green candle is coming back into the market. You are still investing in bitcoin even though there has been an increase as we see it now because this increase is only a small increase and not a very high increase immediately. But if you still don't want to start investing in bitcoin, you can wait and hope for the price to fall below $21k again. But we don't know whether it will happen, and it is clear that it will be too late if you decide to invest in bitcoin later. Use your current opportunity and start investing before it's too late.

Bitcoin investors are hopeful that BTC will rise, and many have a lot to look forward to this year. It is impossible to tell how the market will change positively, just be patient. The real winners are those who can invest in Bitcoin for the long-term, and they can always reap the benefits of it.

I completely agree that it is a great time to invest in bitcoin, as the value has been constantly rising. I also believe that using items you no longer need to fund your investment is a smart decision. It not only allows you to declutter and make some extra money, but it also shows that you are committed to your investment. what a spirit !

I agree with you OP, because what investors are experiencing today, there was a sign early last year that made them to believed that this year 2023 will be a better year to all Bitcoin investors in the community. Selling some of the things in your house that are no longer useful to you to buy Bitcoin is a good idea, because many people has applied that strategy in the past and it worked for them when the price of Bitcoin hit higher in the market. I think, this plan will definitely bring good result to you before the end of this year 2023 because the market price is changing to give some signs to both long term investors and short term investors that this year will be better than last year in profits making.

If you will only back track , then something you may find being like this in the past , though I'm not sure to happen the same thing yet having in history will always reflect in the present .
you may be right that there might not trapping to happen but what if there is? better to be ready at all time and be cautious in each investment we do.

Op every year is a better year to invest in BTC as we all know because I don't think you can predict that these is best year of btc for investors we should learn more on how to invest and other things about bitcoin so that we can be able to know it work and how to invest too...
As Jr member that I am I can't say much but no one can say these is the real year or better for to invest in btc just try to know more about how it works bro and you'll be able to do gain.
NOTE: is a business you may loose sometimes you may gain that's it. So every year can be a better year

Well, I don't feel there is a trap waiting for us investing in Bitcoin.
I don't have any deal with the whales not I was worried about the manipulation because I was certain that Bitcoin will pump on its own when the demand and adoption grow. The time hasn't come yet, dumps are still what we see in the market but I was sure that this soon will be over and able to reach back high again just like the old days. Maybe I was not careful indeed, but I have trust in Bitcoin and I'm to face the consequences of whatever will happen in the future.

After experiencing the bear market and market downturn in 2022, crypto investors have many expectations for this year. It can't be called a bull season yet, this is still an opportunity to accumulate, to be able to invest in Bitcoin and hold it for a long time until you can always get a profit return from it.

Buying BTC should not put interests first. The important thing is to enter this world and let yourself know more about Bitcoin. The most important thing is to reshape your investment thinking.

I wish this is indeed what we are truly experiencing nowadays and not just another traps. there are good act towards bitcoin and ofcourse followed by altcoins but the question is that are we truly having bull run? or just that whales is dealing with another whales for manipulation?
in this that i am scared , because we are still in bearish season , as I know that bitcoin is still year away from halving , so chances of hitting these? I'm not sure if the right way to treat the market now, just be careful guys and be ready for what to happen.

Of course, we do not recommend this and this is not a professional way to invest in Bitcoin, considering that this market is of course not very effective for selling goods and buying Bitcoin, Bitcoin itself has a fluctuating nature, of course it is very difficult to understand it properly , we understand that the OP thinks he wants to have Bitcoin to invest. maybe a better move to reach it OP buy it with spare money,, spare money or OP has a job and save some of it to invest in Bitcoin.

During the Bullrun market season you can withdraw it with profit, and make it capital to invest more.

Well, it's not bad to look forward for a consistent price increase but better to not have high hopes since we're not certain if this is the start or just a temporary recovery.

If you started selling your old stuffs when the price is ranging to $16k (the price is stuck to that price for months) then you probably see the result now of buying at lower price. Anyway, it's not surprising why many investors chose to engage themselves when they see a significant growth because they're thinking bad days already passed. But anything can happen and we don't know what lies ahead so be prepared.

and even now the price of bitcoin is able to touch $ 19,100 and is the highest price for this week. this proves that bitcoin will reach a price of $20k in the near future. The positive trend that occurred this time made the crypto market green again and made several altcoins recover. Expect the market to continue to improve in these months. We've been under pretty much all of 2022.

There were more discussions on price reaching $20k before the month end. Earlier it looked to be difficult to reach and the positive move reaching above $18000 have made things possible. As said the growth at the beginning of the year keeps the investors happy and invest more. It looks like waiting for the low bottom to invest have missed the opportunity. The growth of bitcoin followed by altcoins too a positive thing and in specific ethereum have shown good sign of growth.

A few days after the thread the OP made showed Bitcoin at $17K and now the official CPI announcement was released we have positive news with Bitcoin rising to over $18K. Certainly, this is a belief that earlier this year has moved more aggressively which makes long-term investors more confident. Plus some institutional investors see Bitcoin as a suitable alternative in 2023. Even the price to close this month is still long enough that Bitcoin will certainly show additional gains.

It seems that many people are getting excited about the growth of bitcoin in the past 2 days but forget to watch out for this could be a trap. A 4% gain may be huge for another asset, but for bitcoin, it is nothing, even if a negative news spreads, it can drop 10% in 1 hour. What is happening is said to be impacted by today's CPI predictions, and if CPI is released as predicted, I believe bitcoin will go even higher. But if the CPI is not as low as forecast, the market will quickly turn negative. We still need to remain vigilant.

And again, it just shows how BTC is so resilient, just a month or two ago, we hit lowest low because of the FTX drama and collapse. And now for the past 8 days, we are in a huge rally capping it yesterday with a huge +4% increased. So it means it doesn't give a f**k about what had happen to us, hehehe. And those who are shorting BTC in exchanges are really getting smoke almost $100 million as per this tweet.

https://twitter.com/mskvsk/status/1613321293214126081

We don't know what's in it for this year and after the halving but at least we've got the idea on how it did in the past with the same scenarios. Yeah, those that have been frustrated in the past have learned the lesson on how they should things seriously and lightly.

Like today, we've been into a new year and we still don't know what it will look like for bitcoin. But the good thing, we've passed on the bear market and we're on a new one.

And that means another hope and better expectations for bitcoin this year.

Yeah, those that didn't make it on 2017 and 2021, they're the ones who has the chance to be the next profitable folks on the next bull run. When? Could be by 2024 or 2025, nobody knows but we get the idea of the cycles.

If there's no use anymore for those belongings and it's like just a stock thing in your house and barely used, I think that's what it should be so that at least you get something better out of it.

And with the sales of it, that means spare money for him or anyone and then that money will be used for buying bitcoin.

We have regained some confidence from investors and bitcoin maxis, and while I cannot say with certainty that we have bottomed out, technically, the market has been oversold and the fear has diminished. It is possible that bitcoin price will range between $25k and $35k before we enter another bull run in 2024, but at the very least, I anticipate some positive vibes to bitcoin in coming months.

It's also possible that traditional market will rally if things turnout good, bitcoin will likely follow that pattern because they are correlated with each other in terms of use in economic perspective and the influence of institutional investors.

BTC is volatile but don't worry. If $20k and $16k remain for a very long time then other value's can also experience the same. Price volatility isn't bad but as long as it works equally. I mean the price should also increase before it goes down so that people can also produce a profit. Go ahead and sell the stuff's that you don't use. Not only that you can earn money on this but this will also make your house cleaner. A lot of us are already doing this practice even before but not all are using the profits for investing.

In case 2023 shows some good recoveries. People shouldn't be carried away and sell most of their holdings as there are surely more to come after this year.

If he wants to invest in bitcoin and considers it a long term investment, then buying bitcoin now will not harm him even if the bitcoin price drops more now. Investing in bitcoin needs to learn in advance and having the right investment plan, not when seeing bitcoin's price go up to buy, because we all know that no one can predict the bitcoin price. I hope OP doesn't have those thoughts.

Regarding this bull run, I still don't really believe this is a sign of a bull run but a short-term bull run in bitcoin or possibly a market trap.

Im also starting to have your opinion. It seems that Bitcoin is holding this level and the bulls are beginning to show their strenght. If this is not a fake bull sign at least an accummulation phase has started. Hopefully we will see the market grow all year long very smoothly. Lets hope im right.

indeed, if you see that there is an increase in the price of bitcoin, but we have to be careful when buying. because what is worried about is just a price trap, will the price continue to go up or is it just a trick, so we have to be careful when buying, at least wait for the bitcoin price to drop first,
because a good time to buy is when the price drops.

but people's opinions of course differ, and the decision is yours.

Not sure here if he can truly make money from those stuffs , rusty things and some old appliances ? well hope there are some still interested on that.

and also there are bunch of people in this forum that continuously posting about selling their stuffs to buy bitcoin and others even accepting bitcoin as payment in their small businesses.

but for me? if you have stock funds or can make some to buy bitcoin then why not right?

Don't be too optimistic about it. A 10% increase in the BTC price doesn't mean anything. Bitcoin is a volatile asset and price pumps and drops in the range of 10-20% are normal. We can't draw any conclusions about what 2023 will be for the Bitcoin traders/investors by a small price movement, that happens in January. Don't get too excited and don't trust anyone, especially centralized crypto exchanges and "crypto influencers", who are promising things, that are too good to be true.
Congrats on starting your Bitcoin journey. I also have a bunch of old stuff that I want to sell, but I can't find any buyers.

I don't think there's anything wrong if you want to sell your goods as you mentioned, if they are no longer used, and the money is used to buy bitcoins. and I just saw the market it turns out that the price of bitcoin has increased, which means this is a good start. it means that now is the right time to buy bitcoin because the price increase is not high yet.

Although as I pointed out in my previous post we still need to break $20k resistance but the momentum I talked about is starting to show itself on the daily charts which is a much better sign than breaking resistances because it shows that the market is starting to warm up and head towards more realistic prices to get out of this undervalued state aka a reverse-bubble...



I should also mention that I believe part of this recovery is because of the market manipulation in other markets such as US stock market where they are pumping it to create the illusion of economy's health and partly because of the money that they've been printing that has decreased the value of fiat which in turn shows up in price of everything going up and everything includes literary everything from food, rent and generally cost of living to stock market, gold and bitcoin prices.

And just like that, bitcoin price has steadily climb just above $18k now, so we have broken one barrier at $17k and it seems that we are going to try for the $19k-$20k range just for this month.

Yeah, we may call this sort of mini bull run at the start of the year. Maybe there is some good news around that push the price today or just the investors decided to pump it in the last 24 hours. We will see how far it can go for January at least.

Every extra satoshi you can acquire worths. Before we could earn crypto from zero online, but now some creativity is needed towards the goal of accumulating your initial bitcoin holdings. To get rid of useless stuff we have at home is one of the best ways to raise money and to start investing. Thankfully we have bitcoin, so our investments really make sense, as they return gains on long term, while before bitcoin we had to invest in saving accounts and fixed income offers through traditional banks, which generated negative profit, when compared to the country's inflation advancement.

I remember selling used stuff I had at home years ago to invest at bank, and now I even laugh concluding I was so naive to think I was doing a great deal. While if I had invested in btc, i could be multiplying that budget for more than x20.

Am always positive every year that's why I keep on Hodling my bitcoin and I keep on accumulating more bitcoin. I noticed you said you are going to sell your old stuffs just to invest in bitcoin, if you are still using those things you are planning to sell, I think you shouldn’t sell them but if you think you don't make use of it again then you are free to sell it.

If you are buying bitcoin, always invest any amount you can afford to lose, and be ready to hold for long term, don't think because we have seen little green candle within few days and then you sell your properties and invest in bitcoin because you think Bitcoin will pump, you might endup being disappointed, just few days green candle cant determine if bitcoin will pump in this 2023.

Showing signs? I doubt. It is more part of its volatile nature. Sign I guess which could be considered is either its market price cross $20k or $14k; this will determine the direction for this year. But indeed, the year has just started and there are many things which may happen in this industry. But as to how I view the market situation at this moment, it will remain stagnant at the current market price bracket for months I think , as long as there's nothing to uprise the hope of investors perhaps new projects or positive news about Bitcoin adoption for major countries. Up until then, the price will more likely play around $15k to $17k so for now, holding and being patient would make us all prepared.

Op it's too early to claim that we're experiencing bull market just because of a rise of price from 16k to 17k and if you compare the Bitcoin ATH to the current market price you'll see that the change in price is quite insignificant.


That's all we can hope for, let's just keep hoping that the price rise continue and if it does in short period of time we might be able to see real good profit just as you said.


This is a superb idea. I think it's better to just sell the off an get Bitcoin since they're of no use and as times goes on the worth of those said properties will keep depreciating and can even become worthless. So it's better to just sell them off now that they're still worth something.

Bitcoin is indeed unique and very special, there are many reasons that make people continue to invest until now, the real winners are those who are able to invest in bitcoin in the long term, although at certain times the short term can also be profitable for investment. Although it is too early to say in 2023 bitcoin will experience a gradual recovery, judging from the previous ATH achievements, this year is the initial process towards a real recovery.

You've made a good decision selling some unused items to buy bitcoins, don't worry though this year won't get any better, because bitcoins are the best investment in the long term. Buy and Hold Bitcoin, because you are about to see something amazing.

I would not in general say that it is very wise to sell your belongings to buy bitcoin. Especially in a bear market that is for month slowly going down. You can simply never know when the market is turning around and it brings you a profit.

What you hover could do is put your spare money that you have in the market ever month and then when price goes up you can get the money out again at a profit.

Although too early to say for this year but there seem to be signs that we are taking off for a crypto bullrun, there are several announcements from altcoins and institutions like Cathy Woods adding more of her coinbase holdings. CZ is most bullish this year since he plans to hire more people in Binance. Hongkong news open up and changed its stance on crypto also.


It's what they say. It's during bear market and crisis that winners and millionaires are made. The patient guys who keep thier coins are the ones who'll get success.

Not really that bad on making yourself that optimistic but you should always consider and be mindful about the risk involved so that you wont really be ending up frustrated just because you do expect something positive

with Bitcoin and you had sold all of the things you  do have that you arent using or not really that important.Going all in is never been a good choice nor a decision.Always set out limits and boundaries no matter how good Bitcoin investment is, nothing is assured and nothing is guaranteed.This is why you should expect always the unexpected.

This year or next year, no one really knows on when the price would be moving up.

On this market, the most patient and the wisest becomes the most profitable and as for you OP. If you've got plan of buying bitcoin and you're seeing those things that you're no longer using. You've got the plan to sell them, do it and don't regret of selling them and using the money for buying bitcoin.

It's because many beginners before have regreted that they've bought bitcoin. But if you have the idea on where the market is going and you're also a patient guy, wait until the halving ends next year and you'll see how the market will change mostly positively by that time.

This is a positive movement on the price of bitcoin in just 11 days,which can bring hope to investors but this is how bitcoin price has being fluctuating recently, it will move up to 17k and before you know it,the price will drop to 16k due to its volatile nature. We just need to keep hodling our investment till when bitcoin hits the bull market with a voluminous figure.

Last year was really indeed a bearish year for bitcoin and a worst year for investors due to the lost in the crypto market. I guess this early increase in the price of bitcoin is a sign of a hopeful year for investors.

Can you provide a reference to this statement of yours because most of the country is prioritizing there own CBDC rather making a regulatory changes in favor to crypto. Besides it will be very hard for governent to fully backed crypto for there people due to the high risk involved of crypto due to it volatility. I said this because my country still categorized crypto as very risky asset that consumer needs to stay away. I will be surprised that some rich country will do what you stated above that's why I ask for a reference to back your opinion.

Since Bitcoin is known for its volatility, it makes it difficult to predict what exactly will happen this year.

One expectation is that institutional investors will continue to enter the market, bringing more legitimacy and stability to the crypto market. Many institutions like Fidelity, Goldman Sachs, and Morgan Stanley have already started offering services to help their clients invest in Bitcoin and other cryptocurrencies, which is a positive sign for the market.

It's also worth noting that there are regulatory changes that could happen in different countries, which could also have a big impact on the market. For example, a more permissive regulatory environment could help to boost the adoption of cryptocurrencies and prices, while a more restrictive environment could have the opposite effect.

It is important to remember that, despite the predictions, this is a highly speculative and volatile market. As with any investment, you should be prepared for the potential risks and do your own research before making any decisions.

$17k is quite a significant benchmark that bitcoin has achieved in the early days of this year, but just as you have noted it's not significant enough to be taken for a profit maximization since 17k is still a recovery price and of any noticeable profits can be noticed it will be around $25k price or above that level. But on a general note, Bitcoin and other altcoins have made a significant positive uptrend in this period.

Breaking the $17k resistance is definitely a positive sign, but it is nowhere near significant enough to be something to celebrate over. The main resistance that needs to be broken is $20k and most important of all we need a "trend" where price keeps rising to go back to real intrinsic value of bitcoin to eliminate this current reverse-bubble we are in. Otherwise small rises without a "momentum" have a good tendency of not being sustained.

do you work?
if you work, it's better to use the rest of your unused salary money to invest in bitcoin.
and if you are not working, it would be nice for you to find a job first that allows you to have a salary every month.
because in investing in bitcoin or crypto, it's better to have a steady job, because that will really help in terms of your physical and mental economy, because if you only rely on annual investments it will be difficult, especially if the investment isn't too big.
but I also don't force you to do what I wrote above, but that's just a suggestion, because I also experienced investing in bitcoin/crypto, but I don't have a monthly salary, it's very difficult, because when I have a need, I forced to sell bitcoin, even though the price is dropping.
That's my experience, I hope you are not like that.

I suppose, if we try to be optimistic, it's very good that Bitcoin didn't fall even lower, but it's very close to the bottom now, so I wouldn't say that it's a sign of a better year. Sure, there's a bit of positive movement, but for now it's just tiny fluctuations, not worthy of serious considerations. Bitcoin can still go down or stay at a current 1/4 of the maximum price. 2023 might be a good year, but a year is a long time, and what if it gets better closer to its end? It's important to keep calm and be patient, prepared for a continuation of the bear market. In that case, you'll be mentally prepared for bad times but pleasantly surprised if it's suddenly over.

Well op,  you planning to purchase bitcoin from selling some of your asset is not a bad idea but just be sure you understand that you won't and can't be expecting any profits added to your bitcoin as the market is currently on a bearish run and the price rate of btc moving from 16k to 17k has currently been on the picture for some period of time now. The key to having tangible profit in your bitcoin investment is hodling till another bull run.
  Speculation is what gives everyone hope in the crypto world as nobody actually knows what the future holds or when we will experience another bull run but from researches made i think an expected bull run is likely to be seen in 2024 thats 4 years from the 2020 which was the last time bitcoin reached it highest rate record.

Exactly.

While it is a common theme among the years, where bitcoin and the market overall increases after the holiday period, it isn't a tell tale sign of whether or not Bitcoin or the market as a whole are traveling permanently in that direction. All it takes is more bad news for the economy to send Bitcoin and the market as a whole further down. The only time confidence can increase, is further toward or after the halving. Which is still some time away. Stack your sats in 2023, and reap the rewards in 2024!

There's positive indications thing may go abit higher this month with bitcoin price, there have not been any tangible evidence that led to bearish move since the beginning of his year and with all hope it is believed that the more we are getting closer to halving the more the volatility becomes high and the price surges.


I hope selling your assets will not disadvantage you because bitcoin investment is not what you invest today and harvest tomorrow, it takes time except if you want to go into trading, but neve it's not a get rich quick scheme that people thought, it requires patience and tine, you can also learn about DCA bitcoin accumulation method in purchasing your bitcoin, never force yourself to invest if the finances is not coming, anytime is never too late for bitcoin purchase.

Every year is a better year for Bitcoin investors if they hold their bitcoins.

Bitcoin can have bullish or bearish year but generally we can see it has very bullish trend for its minimum prices of each year since 2009. By looking at yearly minimum prices, we can see that Bitcoin has very good growth. Minimum prices represent what people react on market when there is less greed, most panic possibly and most boring.

Holding your bitcoins a few years is important to have profit.

Thanks for good advice but I currently have zero BTC in my binance app and am not planning to even keep any of my BTC there if eventually all my plans did fall in line because even the binance app I have was created by a friend for so I don't intend putting or saving BTC there because who knows what will happen to my coins since am still new to all this. I was thinking for him to help me purchase the BTC when I have the funds but I think learning the whole process here will be better. Just to be on a safe side so your advice is noted when the time comes for me to buy I will definitely make more enquiries on it.

I never called it a bull season, I just saw it a an opportunity for those people who have Bitcoin to be hopeful about BTC rising and added to the fact that it's a new year and many are expecting lots from this year as no one actually knows when the prices will pump up that's including you because we are all just speculating and hoping for a better year for Bitcoin.

@OP I think it's too early to say this year is bullish since we're don't know how long does Bitcoin market will react the economy recession FUDs. Although there's many improvement on increase the total Gross Domestic Product in US and China is reopen their country to increase their economy, but we need to keep watching the new update.

I appreciate your good advice, but I think it's kinda off topic since the @OP didn't ask anything about to secure his coins and there's no mentioned if he's use Binance as his wallet.

 2022 was a rough year for crypto; what with the FTX and Terra USD saga and the bearish market all presenting a bleak and uninteresting investment for investors. Last year saw Bitcoin slumping 60%. Although we have had instances of where the coin saw a fatal fall, I still believe just as it rose, this year would be much better.
 But I'd exercise a lil patience to see how it all turns out, tho.

Dont get fooled by that false price increase, just wait. Bitcoin price has been moving up and down during last 6 months. I've seen it many times already. Each Bitcoin price gains half thousand, immediately people start to post about market trend change, reversal and bright future. This all was followed by a price drop later. Right now Bitcoin price is where it was month ago. So I would not hurry to call it "a better year". Keep on waiting, holding and observing.

Your point of view represents the good wishes of most people. In short, the current positive signals still make people full of patience for the bear market. I know who said a word, a positive person is like the sun, who will illuminate the haze. When people encounter ups and downs and difficulties, there is a person who gives you hopeful guidance with reason and evidence. Even if you don’t understand, you can Feel empowered.

This is a good move by you wanting to purchase more bitcoin by discharging your old furnitures and appliances as they are no longer in use. Selling them to buy bitcoin is a wise investment as they are no longer in use. They can serve for conversion to cash then as cash you  use it to purchase bitcoin online via p2p or through your bank as the case maybe in regards to your country regulations regarding bitcoin. As you have said, there's no difference from the truth as it is eleven (11) days already and bitcoin is doing just fine.
This calls for reflection on the last year experience on bitcoin and how one was able to manage the situation of the bear market. Most investors bought at high price without them knowing or having idea the bear market would last this long. Although the current market situation now is good I must say but one can not tell the next direction of the market.

If you can, hodle till you see a big good better and significant amount of profit but DYOR first. Like you have said about removing Coin and funds from exchange, that is a good idea as nobody knows who is the next to experience any funny situation hence the phrase " not your keys, not your coin" which I prefer more to keeping my assets with a third party.

There are many expectations for bitcoin this year after we had a bearish year in 2022. I also just checked bitcoin price and bitcoin is above $17.4k, which could be a positive sign for this January bull run. But be careful, as this is not a real uptrend yet, I am pretty confident that this is just a short term bull run, and bitcoin will have corrections any time. But anyway, let's hope that this bull run will be able to last as long as possible after bitcoin's string of net bearish days. This is still a good time to invest, but please be careful, don't get too excited when bitcoin increases in price, and assume that the uptrend has arrived.

Hello! Just an advice though. I think that this is the best time for us to learn more about bitcoin. We have to educate ourselves on how it works, how to be secure when using it etc.

You said "I was directed here and have learnt alot and i will no longer call it a hasty decision if i were to get my own btc in my own wallets but i haven't gathered enough finance to do that". That is totally reasonable and I understand the financial factor.

However, you must understand some basic info about wallets. There are many types and subtypes of wallets, but if you wanted to classify them regarding the key management we could say that there are:

• custodial wallets: you don't own the keys to your bitcoin. e.g Binance, Coinbase etc
• non-custodial wallets: you own the keys for your wallet, most often in a form of 12/24 words.

Now, the second category is the one that people here have directed you to go to. But, you misunderstand something here. Getting a non-custodial wallet doesn't mean you have to pay for it. Non-custodial wallets can be split up in two categories:

• Software wallets (hot wallets) : the keys live in a device that is connected to the internet.
• Hardware wallets (cold wallets): the keys live in devices that don't connect to the internet.

So, going for a non-custodial hot wallet could be a very good option to start without spending money. If you decide to get there, a good wallet to use would be Blue Wallet (easier for beginners) or Samourai Wallet (good for customisation etc). There is a great variety of hot wallets to choose from. Note: I am suggesting those wallets to be used as on-chain bitcoin wallets and not as lightning wallets.

Ultimately, you will want to choose a hardware wallet, but until then, my suggestion is: get the coins off of the exchanges!

Its just 11 days into the new year and 2023 is already showing signs of hope for bitcoin investors. Bitcoin is currently on 17k plus as of this morning when i check my binance app which is currently a good results as bitcoin has been stuck at 16k for a very long time. Investor and btc holders will be very happy seeing this significant rise although it is a volatile currency and can change its rate anytime yet its still a positive start to the new year.
 At this moment we can hope for the rise to continue and maybe hit a point where investors can boost of a good profit added to their btc coins.
  I was directed here and have learnt alot and i will no longer call it a hasty decision if i were to get my own btc in my own wallets but i haven't gathered enough finance to do that and am looking to sell some of my old stuffs which am no longer using to start my own bitcoin journey. I have some stuffs like an old TV set, some old cooking gas and sone rusty old furnitures in my house which i think can fetch me some reasonable amount of money to start this journey and the good part of it is that I don't use these stuffs so its better to sale it and use the money for my bitcoin investment.

Just hoping we all can hodl up more longer maybe 2023 has something special it has to offer #keephodling