Stop the panic, I doubt we will see 14k or less Bitcoin - page 2.

GigaBit

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Quote from: bitterguy28 on December 25, 2022, 04:41:21 AM

almost a week to end this 2022 , but it seems to be ending up to 16k level? panicking is normal specially to those who invested when the price climbed recently to 18k and now that they are seeing this level it wont bring any good impact to their funds so they have to feel that way but it does not necessary mean they will need to sell at losses.
some of them does but I believe majority of them still hold their money .

It is natural to panic but I will not be skeptical about the price movement of BTC as the global situation is not normal. As the economic recession prevails, it is by no means expected that the price of BTC will rise. Like every year Bitcoin is bullish at this time. But in 2022, no such trend was observed. As a result, a lack of confidence has been shown among the investors. From that point of view, many are making advance predictions about Bitcoin where the price of Bitcoin can decrease and stay at 14K. The bearishness of cryptocurrencies is a common theme. But while the FTX fall has prolonged this bearish sentiment. Many are expecting further dip in Bitcoin.

carlisle1

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Quote from: wmaurik on December 26, 2022, 04:00:16 AM

Quote from: yudi09 on December 24, 2022, 02:38:51 AM

It would be a beautiful story and it's a shame if we want to throw it away. If we look further, they are just a small group that means nothing to those of us who are still and will continue to be together with Bitcoin through a series of beautiful stories.
But I wish if someday those who underestimate and even strongly oppose Bitcoin have a strong desire to walk on the path we are on, they should be pitied too.

I only feel sorry for their minds, not for themselves and that's the same way I pity people who are panicked by bad news or by those who don't like Bitcoin. Even though the goal is very clear that they want to destroy Bitcoin and then laugh in public by making fun of people who already believe in Bitcoin. So don't panic when there is FUD whose origins are not clear, because I will feel sorry for them when they start to regret after releasing Bitcoin at low prices.

The importance of doing your research and analysis before jumping your way into this investment, there are people who are happy with how they
see the current situation, those people who are opposing the past success of Bitcoin.

If you bother to listen to them the chance that you will lose your opportunities to enjoy how Bitcoin works. The volatile nature of Bitcoin
is really unpredictable, you need to have that strong nerve and good anticipations.

Hard but you really need to work deeper in terms of establishing your trust and not being bothered if anything goes wrong and not not
favoring your position, hold and be patient.

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Quote from: Guessti on November 11, 2022, 12:13:16 PM

Literally articles are flooding saying the bottom isn't here etc etc.

The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.

Stop the FUD.

EDIT: For those of you who seem not to remember what FUD stands for:

Fear. Uncertainly. Doubt.

FUD will always be on bitcoin's journey to higher prices and FUD will always increase when bears come to dominate the market. we can't avoid it.

Quote from: Renampun on December 26, 2022, 08:45:30 AM

Quote from: bitterguy28 on December 25, 2022, 04:41:21 AM

almost a week to end this 2022 , but it seems to be ending up to 16k level? panicking is normal specially to those who invested when the price climbed recently to 18k and now that they are seeing this level it wont bring any good impact to their funds so they have to feel that way but it does not necessary mean they will need to sell at losses.
some of them does but I believe majority of them still hold their money .

I don't mean to speculate on bitcoin price over the next few days but it looks like we will see bitcoin price hold between $16k to $18k - over the next few days. I'm sure the majority of bitcoin holders will definitely keep the bitcoin they have, and will not intend to sell it now.

In conclusion, at the end of this year, many speculate that the price will last between $ 16k - $ 18k and uncertainty will continue in early January and beyond.
in early january to mid 2023 i speculate it is likely btc price will stay between $15k and after that it will drop below $14k till the end of 2023.
it's just speculation and complete ignorance of what will happen

bitterguy28

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Quote from: Renampun on December 26, 2022, 08:45:30 AM

Quote from: bitterguy28 on December 25, 2022, 04:41:21 AM

almost a week to end this 2022 , but it seems to be ending up to 16k level? panicking is normal specially to those who invested when the price climbed recently to 18k and now that they are seeing this level it wont bring any good impact to their funds so they have to feel that way but it does not necessary mean they will need to sell at losses.
some of them does but I believe majority of them still hold their money .

I don't mean to speculate on bitcoin price over the next few days but it looks like we will see bitcoin price hold between $16k to $18k - over the next few days. I'm sure the majority of bitcoin holders will definitely keep the bitcoin they have, and will not intend to sell it now.

that has been the price for month now , Bitcoin still holding that 16-18k as we speak now so meaning if this continued to flow that way few days after? then indeed that this is the price we will be seeing the end of year.

What I was looking is that spiking to 18k will happen either tomorrow or the next day before fulling down End of year and the whole 2023.

piebeyb

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I'm not a person who panics easily because I always believe in the concept of a 4 year cycle like this

2012 - bitcoin halving
2013 - bullish/moon
2014 - bearish
2015 - recovery period
2016 - bitcoin halving
2017 - bullish/moon
2018 - bearish
2019 - recovery period
2020 - bitcoin halving
2021 - bullish/moon
2022 - bearish
2023 - recovery period
2024 - bitcoin halving
2025 - is the most awaited by everyone

of all that how many bitcoins are said to have died and in the end is what we see now or later Wink

Renampun

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Quote from: Guessti on November 11, 2022, 12:13:16 PM

Literally articles are flooding saying the bottom isn't here etc etc.

The FTX thing sucked, but Bitcoin can only go so low with the amount of support it has and how integrated it has become with the banking system.

Stop the FUD.

EDIT: For those of you who seem not to remember what FUD stands for:

as discussed in another topic, no one will know the future of the btc price, if we say now is the bottom price then it is not confirmed but if we say it is not the bottom yet, it cannot be confirmed either. as long as we have preparations for whatever the price of BTC in the future, our worries will disappear.

Quote from: bitterguy28 on December 25, 2022, 04:41:21 AM

almost a week to end this 2022 , but it seems to be ending up to 16k level? panicking is normal specially to those who invested when the price climbed recently to 18k and now that they are seeing this level it wont bring any good impact to their funds so they have to feel that way but it does not necessary mean they will need to sell at losses.
some of them does but I believe majority of them still hold their money .

I don't mean to speculate on bitcoin price over the next few days but it looks like we will see bitcoin price hold between $16k to $18k - over the next few days. I'm sure the majority of bitcoin holders will definitely keep the bitcoin they have, and will not intend to sell it now.

wmaurik

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Quote from: yudi09 on December 24, 2022, 02:38:51 AM

It would be a beautiful story and it's a shame if we want to throw it away. If we look further, they are just a small group that means nothing to those of us who are still and will continue to be together with Bitcoin through a series of beautiful stories.
But I wish if someday those who underestimate and even strongly oppose Bitcoin have a strong desire to walk on the path we are on, they should be pitied too.

I only feel sorry for their minds, not for themselves and that's the same way I pity people who are panicked by bad news or by those who don't like Bitcoin. Even though the goal is very clear that they want to destroy Bitcoin and then laugh in public by making fun of people who already believe in Bitcoin. So don't panic when there is FUD whose origins are not clear, because I will feel sorry for them when they start to regret after releasing Bitcoin at low prices.

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Quote from: Punakawan

It's strange if we have known bitcoin for at least 2 years but still panic when the price drops, if we are smart then this opportunity is a good thing to keep buying, even if the price drops below $10k then I suggest to continue buying, don't do it ridiculous that is selling at a low price and loss.

Many investors and traders has used this opportunity to embraced favour from the bearish market by purchasing some potential coins that will not fail in future than to bring something good at the end of the investment. Now that the price is still low in the crypto market, genuine investors will not stop buying coins, because they believed the bearish season will not remain in the market forever. Even though the price of cryptocurrency drop down to $10,000 , potential traders will not panick than to increase their capital to buy more of coins and hold until the price increase higher.

kotajikikox

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Quote from: Ngemmeng on December 25, 2022, 04:53:11 AM

I agree with you, even though there is still a chance to drop to $14k or below but it is unlikely that we will see bitcoin touch $14k (unless some bad news hits the crypto). it looks like the impact of FTX news has stopped and now crypto is starting a new life without FTX. the news about LUNA and FTX is the biggest news I've ever heard of since playing crypto but the news only had a temporary impact on crypto, and this just goes to show that crypto is huge and can't be stopped with any news.

LUNA and FTX is still affecting the market , it may take at least another year to stop but if we will hold together? what do you think would be the effect? of course this will help the market at least to be stable in this level.
Bitcoin to 14k is far from happening this 2022 , and maybe coming in the next year who knows? it is the year before the halving anyway.

Ngemmeng

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I agree with you, even though there is still a chance to drop to $14k or below but it is unlikely that we will see bitcoin touch $14k (unless some bad news hits the crypto). it looks like the impact of FTX news has stopped and now crypto is starting a new life without FTX. the news about LUNA and FTX is the biggest news I've ever heard of since playing crypto but the news only had a temporary impact on crypto, and this just goes to show that crypto is huge and can't be stopped with any news.

bitterguy28

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almost a week to end this 2022 , but it seems to be ending up to 16k level? panicking is normal specially to those who invested when the price climbed recently to 18k and now that they are seeing this level it wont bring any good impact to their funds so they have to feel that way but it does not necessary mean they will need to sell at losses.
some of them does but I believe majority of them still hold their money .

Maidak

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Quote from: Dave1 on December 25, 2022, 01:44:46 AM

Quote from: boltz on December 22, 2022, 05:07:24 PM

I still think Bitcoin might drop under 14k and even more in 2023 and for now there are no signs that 15k can hold the line and if that happens , 12k might be there after just a few days or a couple of weeks. Good side is that no matter what happens , Bitcoin always recovers and 2024-25 should be the time when Bitcoin and entire market can see another bull run. Wink

Possible, we still have more than a year to see this bear market, we have witnessed $17k on the first half of the year and then $15k the second half.

So the scenario is that it could drop to $14k at the start of 2023, probably there could be another black swan event, maybe doesn't mean a exchange collapsing or something, but there could he hacks against a top exchange that could put the market on it's feet, as there could be selling pressure again resulting to another leg down.

But after all of this, 2024 is halving and then 2025 could be the peak, all time high.

Yes, the scenario for bitcoin to drop more is possible, I am not sure if there will be another black swan event, but given what FTX has caused so far, it is not over yet. DCG Investment Fund also sold a large number of its crypto assets last week, and Binance's FUds have yet to cool down. But the atmosphere of Christmas and New Year is approaching, so almost everyone is no longer too interested in the market, and the market almost does not move. Once we head into the new year and things get back to normal, that's when we'll see volatility in the market.

Dave1

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Quote from: boltz on December 22, 2022, 05:07:24 PM

I still think Bitcoin might drop under 14k and even more in 2023 and for now there are no signs that 15k can hold the line and if that happens , 12k might be there after just a few days or a couple of weeks. Good side is that no matter what happens , Bitcoin always recovers and 2024-25 should be the time when Bitcoin and entire market can see another bull run. Wink

Possible, we still have more than a year to see this bear market, we have witnessed $17k on the first half of the year and then $15k the second half.

So the scenario is that it could drop to $14k at the start of 2023, probably there could be another black swan event, maybe doesn't mean a exchange collapsing or something, but there could he hacks against a top exchange that could put the market on it's feet, as there could be selling pressure again resulting to another leg down.

But after all of this, 2024 is halving and then 2025 could be the peak, all time high.

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Quote from: Punakawan on December 19, 2022, 05:34:58 AM

It's strange if we have known bitcoin for at least 2 years but still panic when the price drops, if we are smart then this opportunity is a good thing to keep buying, even if the price drops below $10k then I suggest to continue buying, don't do it ridiculous that is selling at a low price and loss.

This is normal since many new investors are finding their way into crypto space, I am no more any any panic mood because I understand the system, I have been here since 2017 and I know who the circle works, now I have no more panic towards crypto investment.

As time goes by many will end up the same way as I did, it takes time, we can still see 13700$ per BTC, anything is possible, but waiting around to see such value without taking any step is not a good move because 15,500$ might be the BTC bottom already.

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Quote from: wmaurik on December 20, 2022, 05:46:21 PM

Quote from: yudi09 on December 17, 2022, 11:55:03 PM

You are right. There is nothing to blame for this case because in essence they will look for people like us who continue to be convinced in Bitcoin as the best investment in the future as the world's progress and development.

I think those who have underestimated Bitcoin and have also said they don't like Bitcoin investments will not look for old people they have ridiculed in the past, unless they have no shame in themselves. And even if they still want to invest in Bitcoin and the like, they will definitely ask other people or at least on the Google search engine.

It would be a beautiful story and it's a shame if we want to throw it away. If we look further, they are just a small group that means nothing to those of us who are still and will continue to be together with Bitcoin through a series of beautiful stories.
But I wish if someday those who underestimate and even strongly oppose Bitcoin have a strong desire to walk on the path we are on, they should be pitied too.

boltz

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I still think Bitcoin might drop under 14k and even more in 2023 and for now there are no signs that 15k can hold the line and if that happens , 12k might be there after just a few days or a couple of weeks. Good side is that no matter what happens , Bitcoin always recovers and 2024-25 should be the time when Bitcoin and entire market can see another bull run. Wink

proudhon

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The price of bitcoin will definitely go below $14k in the coming years. At no time in the next 5 years will the bitcoin price sustain more than 5 consecutive days above $17k. There will be green quarters, no doubt, but they'll be bounces from, say, $10k to $14k along the way lower and lower. There really is no long-term future for this experiment. It's run its course.

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Quote from: ultrloa on December 20, 2022, 06:42:41 PM

Quote from: carlisle1 on December 19, 2022, 07:01:59 AM

Quote from: Punakawan on December 19, 2022, 05:34:58 AM

It's strange if we have known bitcoin for at least 2 years but still panic when the price drops, if we are smart then this opportunity is a good thing to keep buying, even if the price drops below $10k then I suggest to continue buying, don't do it ridiculous that is selling at a low price and loss.

You need to mentally and financially prepared when investing your money with Bitcoin, the more you can buy and hold the
better chance to gain more when bull start to pump back.

There are many factors that affects this market, you must be willing to take time in investigating and observing how the 'market
will behave either long- or short-time frame.

From that point, even the price dump hard, you can decide what will be better for your investment.

Lacking of knowledge about possible scenarios is one of the main reason why they lose on their trades this is why newbies should invest on knowledge before taking hard decisions on their investment. If they can learn from those past events happen in bitcoin history for sure they will be more better because we are much careful about the news we heard then also we can take an action base on what the fud release in the market.

They will earn knowledge from the experienced, same as how you assess if they lack in knowledge the chance of losing
is possible, but if they invest time to learn.

The chances are high since there's already a good basis that the market will bounce back even you see the market is moving
down and the current situation is not in your favor.

Keep in mind that panicking can cause you a lot of losses, very common for new traders.

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Quote from: Punakawan on December 21, 2022, 08:46:40 AM

Many people just think profit without ever thinking of loss, especially many people show off profits on social media because investment bitcoin or altcoins so that it makes him interested in investment, of course this will make many people think of investment immediately even though they have to sell anything, and when the price drops then he panicked.

That's how it goes.

We all think of the profit but we're not prepared and we haven't thought about how much loss we'll get. And that's why if you see people bragging their profits on the social media.

You already have the idea a question that will come out from there that how much would probably be their losses.

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Quote from: Punakawan on December 21, 2022, 08:46:40 AM

Many people just think profit without ever thinking of loss, especially many people show off profits on social media because investment bitcoin or altcoins so that it makes him interested in investment, of course this will make many people think of investment immediately even though they have to sell anything, and when the price drops then he panicked.

It is true that many people use social media to create FOMO or FUD in the market but it is short lived & we should not pay much attention to it & make well informed decision before we take any position and secure your trade/investment with risk management tools to avoid big loss, because bull and bear cycles are normal in any market.

Volatility is inherent nature of Bitcoin which experienced investors understand very well, it is hard to make an accurate prediction of Bitcoin price but if fundamental of world economy start getting better then, Bitcoin won't fall to 14K.

Topic: Stop the panic, I doubt we will see 14k or less Bitcoin - page 2. (Read 2891 times)