Topic: Some ideas about Bitcoins recently - page 2. (Read 490 times)

We have reached already $12,000 alst August for just a few days and that seems not so hard it happens again and not so hard also its losses back down to $10,000. I'm not sure how the others thinking about $12,000 this time but I'm not considering as a huge achievement in the market because what most has been aiming by now is to break the $15,000 before we end this year.

The current momentum will surely won't make a long stay, as we all know that but I was then so positive that we ended this year with a strong market trend. If we can manage to hold it for awhile, guaranteed to have a profitable ends waits you.

It looks like the news that paypal has supported bitcoin has made bitcoin price go up to $ 13,000 albeit only briefly, and that's good news and it looks like bitcoin will continue to gradually increase until it reaches its highest price.
and take advantage of buying bitcoin now which I think is the right choice, and holding it for the next few years to multiply your very satisfying profits.

I deeply hold the view that every bitcoin holders should expect Bitcoins to the moon in the future. And I am a holder too, I also keep holding some bitcoins.
However, in the market, people will sell their bitcoins for fiat some times. Not only for Christmas shopping but also some traders need to buy low and sell high to earn profits. It is one of the reasons why Bitcoin is full of volatility.
That is fine, I chose to hedge, and sometimes I adjust my portfolio, like investing in some stable investments such as Dual-currency or BitOffer Quantitative fund to earn some tiny fixed income. At least, it can help me grow my asset value gradually.
I work for BitOffer, but initially, I am still a holder, and sometimes a trader, or investor.
Maybe it looks like shilling stuff, but if something can help traders earn profits, I should be forgiven. XD

Why not take some profits and leave the rest portfolio? because the price might likely experience a dip anytime from now Christmas is approaching some hodlers might exchange some of their portfolio to fiat to buy stuffs for celebrations definitely that is going to affect its price, however if your price perceptive is long term then you have to be patience as price action had been very bullish in the last couple of days probably next year might mark another remarkable year if the price can break the last ATH of 2017.

That's a good idea I would say because BTC is very powerful coin in crypto currency and it has the capability to break any barrier even the 20k which happened in 2017, even my long-term goal is to hold till 2025  because I think it will go over the moon again in few years.

Yep, the surge was rapid, so an adjustment is required in the short-term.
Don't try to predict how whales will do, they also need to cash out to earn profits from the market. That is why hedge matters

The price of Bitcoin has rissen quite a lot only in the last 2 weeks already. Seems to me a large investor or a group of investors with large financial muscles is driving the price upwards.

There may be a period of consolidation before the price moves higher again, due to the fact that some would want to take some profit after the recent runup in price.

From the market value reaching $12000 it means the price has been crossing price barriers at specific time interval. This way the price of bitcoin has marked its $10000 barrier by the end days of July. Further the price $11000 reached immediately without much delay. After on the market took weeks time to cross $12000, again it fell low to $12000 and now with more market stability the price has crossed $12000. This looks to be the price is growing gradually nothing to think big.

20% interest per year? are you sure? So you will charge higher fee than other exchanges, right?

I have read all the comments above.
You guys are all correct in your way.
Bitcoin is an asset that is full of volatility. Holding it or trading it is both a way to earn profits from the market. It depends on which style you are.

If you are a holder, then hedging is an important thing to do if you plan to maximize your profits or avoid any unexpected risk. To hedge your bitcoins, trading bitcoin derivatives shall be the easiest way to do that. Taking BitOffer Bitcoin Options as an example, if you hold a bitcoin, and now the bitcoin price is 10k, and you are afraid that if it will dump, then you could buy a put options contract. When Bitcoin really dumps, like decreases by 1k USD, the bitcoin you hold makes you lose 1k USD. However, the put options you buy get you a 1k USD payoff also, because the put options you buy will enable you to earn the market change directly if you choose the correct direction. Notice that only American Options allows users to do that, and that is why I only take BitOffer Options as an example, not options on deribit.

What if you want to earn money from Bitcoin but you don't want to trade or hold?
The Bitcoin financial ecosystem is developed in recent years, so many funds using Bitcoin as Underlying has been launched, like the Quantitative Fund on BitOffer, it guarantees investors capital and 20% interest. Many people may doubt it. But actually, a well-done quantitative team shall be able to set any arbitrage strategy to arbitrage from the market.
Not only BitOffer, but also Huobi Global, or traditional institutions such as Goldman Sachs are working on it.

Follow me, I would love to share more info and strategy of hedging bitcoins.

i prefer to buy it and keep it long term, because i believe bitcoin will continue to have a high value every 4 years, so don't have to follow bitoffer sites or other similar sites, i see bitcoin price hitting 13k too i think maybe it will touch it again $ 15k in soon

Maybe this is not a matter of breaking fate, because many big whales have predicted that in the next few steps Bitcoin it is time to go up and the whales come to buy Bitcoin at a high price and hold it because they know Bitcoin 2021 will rise even higher than the current price, so they buy at any price to hold.

I think that there's a correlation between the amount of BTC transactions and the Bitcoin price.
If the BTC transaction count starts to increase,the Bitcoin price will go down for sure.
What's happening right now on the crypto markets is just another price bubble.The price might go to 15K USD,but it will eventually return to 10-11K USD.
There aren't any stable Bitcoin investments.Blockchain.com and Nexo are offering 10% interest rate,if you lend your Bitcoins,but I don't think that this is a "stable" investment.

We are all adults here, why persuade someone. This is your business, your decision.

I also believe that now we need to play an exceptionally long-term game with bitcoin because this option has been repeatedly justified.

In case you don't know the latest surge is related to the news that PayPal is adopting Bitcoin.
Imho this has a good chance to trigger further steady increase of the price, especially as there quite a pressure and expectation building up since the halving.
Bitcoin price evolution is hard to predict. And a prediction for the rest of the year has a great chance to be wrong because of the long period of time.



The usual idea when you don't know what to do at trading Bitcoin is to Hold. Eventually that should pay off.

Bitcoin like other investments can't be well predicted because certainly events that fluctuates the cryptomarket will always play a role in bitcoin rise and fall (stability). Although bitcoin investments generally involves close study of the value it adds to market capitalization.

Really it supposed because many people has been predicting the rising of bitcoin since these year 2020 when bitcoin was $11,000 and now according to op Btc is $12000, it's highly advisable to buy Btc when it falls and keep it in wallet without investing in any platforms because now bitcoin has kicked off to $12000, so with time it will get to $20,000 as expected and those that purchased at lower rate will definitely make positive profit.

When October Start Bitcoin Price Is Around

1st October : 10,889 USD

22Nd October Bitcon Rate Is 12,734.60 USD( Today )

Bitcoin price of continues to increase.  I don't plan to sell  my bitcoins before 2020

$6 million of Tether USD was minted. I don't think of $15k at the end of 2020 but it is good if your target price will be hit in this year.

Without the reach to that price, I won't feel bad because I am bullish with Bitcoin in the long run. I don't plan to sell all my bitcoins before end of 2021. $50k for one bitcoin is my exit price. I can wait for months or next 2 to 3 years to see it happens.

Currently the price of BTC continues to increase. It will probably hit $ 15k this year. I see Bitcoin price movements are very sharp, some buy at high prices. I think the whales are returning to dominate the Bitcoin market.