The good moves of Bitcoin. - page 2.

Reatim

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The good move is very simple buy the dip and hold thats it ,but we need to be sure on our decisions because it is always hard to see when our investment goes down and down until we decide to quit and sell all our asset. So we need to set a time limit or how many years we are going to hold the coin to avoid lossing.

not everyone can keep holding because there are others that only seeking profit to survive though this is not the best strategy for them and they should not invest in bitcoin if that is their strategy instead bet in altcoins.
If they are aiming for bitcoin only then they should be ready in keeping holding for at least a year or so because after halving season the dumping happens and usually this last 2-3 years again.
so by now we are in what we can call a bearish year and the net coming so be ready if you have no option of profiteering then best to get out of bitcoin and try other coins.

Oceat

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Quote from: Reid on January 05, 2022, 08:36:05 AM

Investors are not ready yet. Selling for the purpose of spending in the holidays and now they are just gaining back all that money.
I don't think this January will be a good month, I'd rather not expect too much. But the very least I want to look forward to is February. Let them recover first and soon all their savings will be back to Bitcoin.
The other thing I consider is if something bad occurs in the altcoin industry. That could make them switch back to the trusted coin which is none other than Bitcoin.

More investor now is exploring other projects like NFT and Metaverse we see how interesting crypto now as more on more projects are joining in crypto that able us to earn if we managed to use them rightfully. The market is too volatile but we need tonrisk whether we can earn in new ideas or stick to bitcoin until its price recover and make us in profit again.

People can try different investment if they see it worth it they will surely try it just like how famous the ICO before but now it's all gone then here comes the NFT. I'm sure this will be gone soon but who knows? Since I think their foundation is quite strong when link to something like games but I also believe that not every game would last long, unless if the community will continue to support the project.
I would rather stick more to Bitcoin than invest most of my money on a NFT project that eventually isn't profitable anymore.

Silberman

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Quote from: TravelMug on January 05, 2022, 07:51:09 AM

Quote from: Epaper on January 05, 2022, 06:47:26 AM

In my opinion, Bitcoin price movement is still down in early 2022 trading, where bitcoin is again touching the current $46,000 level. Although bitcoin had experienced a small recovery around the level of $47,961 the last four days or to be precise entering the year 2022. Therefore, I think the correction that occurs in the price of bitcoin will at least continue until the end of January before rising again to the level of $55k.

Well before rising to $55k, remember that we need to break the next barrier of $50k first.

And that is the biggest mental barrier right now, as it seems that when we are about to break it, or at least reaches it, the price suddenly will go down as if people are cashing out very fast. And that is an indication that there are no holders for now except for few, and the majority is now speculators and trying to squeeze every profit when the price will rises even for a bit.

Psychological barriers are really important, for a long time the 20k barrier was this level that was impossible to break on the mind of investors, but once the price of bitcoin was able to do that and remain above it for some time the price of bitcoin went up at a significant speed, it seems to me that something similar is happening to the 50k barrier, and once it is broken people are going to get confident to invest in bitcoin again.

Rasa nanas

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The good move is very simple buy the dip and hold thats it ,but we need to be sure on our decisions because it is always hard to see when our investment goes down and down until we decide to quit and sell all our asset. So we need to set a time limit or how many years we are going to hold the coin to avoid lossing.

the theory sounds very simple but the application of the theory is quite complicated because no one knows when the bitcoin price will reach its true bottom. What often happens is when many people think bitcoin has hit its lowest price but instead the price continues to move downwards. The point is we have to be willing to take risks because being an investor in the crypto world is indeed filled with risks.

Maslate

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The good move is very simple buy the dip and hold thats it ,but we need to be sure on our decisions because it is always hard to see when our investment goes down and down until we decide to quit and sell all our asset. So we need to set a time limit or how many years we are going to hold the coin to avoid lossing.

That requires patience because sometimes even if the price is dumping and you think you already bought the dip but what if it could dump further, sometimes an investor will panic when they see that kind of downtrend and that's the reason why they dump instead of holding the coins/s they bought and wait for the price to pump.

Like what is happening now, looks like we are heading to a price of bitcoin below $40k.

ethereumhunter

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The good move is very simple buy the dip and hold thats it ,but we need to be sure on our decisions because it is always hard to see when our investment goes down and down until we decide to quit and sell all our asset. So we need to set a time limit or how many years we are going to hold the coin to avoid lossing.

When you can know when the dip comes and start buying at the dip, that is simple. But for people who can not analyze deeply, this situation will make you panic as we do not expect the price will go down and touch $42k. But people who already bought at $43k or above can buy more bitcoin as this can be a big discount. But hopefully, this is just a normal correction as usual and in the next week, we will see another rise in bitcoin.

SquallLeonhart

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Quote from: TravelMug on January 05, 2022, 07:51:09 AM

Quote from: Epaper on January 05, 2022, 06:47:26 AM

In my opinion, Bitcoin price movement is still down in early 2022 trading, where bitcoin is again touching the current $46,000 level. Although bitcoin had experienced a small recovery around the level of $47,961 the last four days or to be precise entering the year 2022. Therefore, I think the correction that occurs in the price of bitcoin will at least continue until the end of January before rising again to the level of $55k.

Well before rising to $55k, remember that we need to break the next barrier of $50k first.

And that is the biggest mental barrier right now, as it seems that when we are about to break it, or at least reaches it, the price suddenly will go down as if people are cashing out very fast. And that is an indication that there are no holders for now except for few, and the majority is now speculators and trying to squeeze every profit when the price will rises even for a bit.

I do not think that it is a mental one, I feel like it is an ignored one and that's the biggest difference. If we are going to see the price go above 50k, then we should have people caring about it first. If people keep ignoring and not caring about it then how could we make a profit? If people were all trying, liquidity at high levels, volume at high levels, everyone is trading and yet we still end up losing money then I would definitely understand why people would say that there is a mental barrier there because people would be selling as soon as we moved above 50k.

However, the reality is that people do not care about the price all that much anymore, you know when they do it because you see the price rising super high, but when price is nearly stable as it is right now (been stuck at 45k to 50k for months) then you get the fact that people are not hopeful about higher prices or not expecting lower prices neither.

Reid

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Quote from: Epaper on January 05, 2022, 06:47:26 AM

In my opinion, Bitcoin price movement is still down in early 2022 trading, where bitcoin is again touching the current $46,000 level. Although bitcoin had experienced a small recovery around the level of $47,961 the last four days or to be precise entering the year 2022. Therefore, I think the correction that occurs in the price of bitcoin will at least continue until the end of January before rising again to the level of $55k.

Investors are not ready yet. Selling for the purpose of spending in the holidays and now they are just gaining back all that money.
I don't think this January will be a good month, I'd rather not expect too much. But the very least I want to look forward to is February. Let them recover first and soon all their savings will be back to Bitcoin.
The other thing I consider is if something bad occurs in the altcoin industry. That could make them switch back to the trusted coin which is none other than Bitcoin.

TravelMug

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Quote from: Epaper on January 05, 2022, 06:47:26 AM

In my opinion, Bitcoin price movement is still down in early 2022 trading, where bitcoin is again touching the current $46,000 level. Although bitcoin had experienced a small recovery around the level of $47,961 the last four days or to be precise entering the year 2022. Therefore, I think the correction that occurs in the price of bitcoin will at least continue until the end of January before rising again to the level of $55k.

Well before rising to $55k, remember that we need to break the next barrier of $50k first.

And that is the biggest mental barrier right now, as it seems that when we are about to break it, or at least reaches it, the price suddenly will go down as if people are cashing out very fast. And that is an indication that there are no holders for now except for few, and the majority is now speculators and trying to squeeze every profit when the price will rises even for a bit.

Epaper

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In my opinion, Bitcoin price movement is still down in early 2022 trading, where bitcoin is again touching the current $46,000 level. Although bitcoin had experienced a small recovery around the level of $47,961 the last four days or to be precise entering the year 2022. Therefore, I think the correction that occurs in the price of bitcoin will at least continue until the end of January before rising again to the level of $55k.

Vaculin

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Winding down.

Quote from: lizarder on January 03, 2022, 04:57:41 AM

Quote from: Richycryp on December 28, 2021, 05:13:40 AM

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
we do try by studying the market and know the demand, This will help us know how the movement of the market and the flows of the market through the chat.
everyone should contribute on this topic and tell us there different opinions and ideas.
is good if we can know the good moves of

Almost certainly no expert can predict Bitcoin perfectly, but at least they are able to make analysts and try to see the condition of bitcoin in the future, but the crypto space makes it easier for people to make studies, not only they are experts, but ordinary people can also make their own, there are many references that we can combine, to find out the development and trend of bitcoin in the future, but many people are lazy to do all that, so to make decisions based on small considerations.

I honestly believe that even how long you're here in crypto space and think that you know it all, but when it comes to bitcoin, no single person will be able to predict its future value correctly, and how it will end up as a currency and a good store of value. We all depend from its market supply and demand that help us come up with solid basis.

However, with bitcoin being the most dominant coin, good thing about it is it will never settle for a low value because it always aims to be the highest value in the market. So even series of dumps will come and affect the market, as long as you're into bitcoin, then you will still be in profits as long as you never sell it at a lower price.

lizarder

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Quote from: Richycryp on December 28, 2021, 05:13:40 AM

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
we do try by studying the market and know the demand, This will help us know how the movement of the market and the flows of the market through the chat.
everyone should contribute on this topic and tell us there different opinions and ideas.
is good if we can know the good moves of

Almost certainly no expert can predict Bitcoin perfectly, but at least they are able to make analysts and try to see the condition of bitcoin in the future, but the crypto space makes it easier for people to make studies, not only they are experts, but ordinary people can also make their own, there are many references that we can combine, to find out the development and trend of bitcoin in the future, but many people are lazy to do all that, so to make decisions based on small considerations.

ajochems

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Quote from: Richycryp on December 28, 2021, 05:13:40 AM

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
we do try by studying the market and know the demand, This will help us know how the movement of the market and the flows of the market through the chat.
everyone should contribute on this topic and tell us there different opinions and ideas.
is good if we can know the good moves of

This year gonna be a new change over the bitcoin.Which included the price over the other.Check the price since January and hold it till the price of bitcoin reach the new all time low and inverse to get good profit from it.When the market up with the price,you can sell and get good profit from it.Now the choice is yours to trade at a good price.

Silberman

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Quote from: GreatArkansas on January 01, 2022, 05:02:00 AM

Quote from: Richycryp on December 28, 2021, 05:13:40 AM

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
(....)

If so, we should try to look on the fundamental side of Bitcoin right now, not on the technical part like on the charts, because as you said nobody is hundred percent sure about the moves. So it is much better to look at the fundamental side like the adoption, number of transactions, the block halvings, and volume being transacted on the Bitcoin network. Because for sure, the long term is good for this, this is the move that I consider good for Bitcoin.

Besides looking at the fundamentals of bitcoin it is also important to look at the fundamentals of the other assets it is competing against, and if we take a look at other fiat currencies things are not looking good for them, even if governments are trying to blame inflation to all kind of external factors they are unable to hide that inflation is raising and that it is their fault, and if this high inflation keeps going on for years then this can only benefit bitcoin as people will finally understand why something like it exists at all.

Wexnident

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Quote from: Hypnosis00 on December 31, 2021, 05:19:47 PM

Meaning, we can't make the future of Bitcoin fall into our hands as it moves freely without our huge influence. I can see that whales and market influencers making it different from the usual trend but this never gives the reason that we certainly know what will happen next. Even we spend 24 hours studying the market flow, this never makes us know what gonna happen in the future.

*Bitcoin never moves according to the plan.
*Bitcoin is still unpredictable no matter what we do, this can never be changed.

That doesn't mean that studying the market flow is useless though. It's like tidbits that make up the entirety of what the market would, or at least, part of the many possibilities there is. Naturally, Bitcoin would never move according to plan, it's because it doesn't follow any since every trader there is are the ones who set up on how the market would move.

Honestly, it'd probably be better to look at what Bitcoin is as a currency and invest with that kind of mindset. That way, you can have an idea of the value it itself has now, and the possible value it has on the future (which is why I just hodl tbh).

Baofeng

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Quote from: GreatArkansas on January 01, 2022, 05:02:00 AM

Quote from: Richycryp on December 28, 2021, 05:13:40 AM

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
(....)

If so, we should try to look on the fundamental side of Bitcoin right now, not on the technical part like on the charts, because as you said nobody is hundred percent sure about the moves. So it is much better to look at the fundamental side like the adoption, number of transactions, the block halvings, and volume being transacted on the Bitcoin network. Because for sure, the long term is good for this, this is the move that I consider good for Bitcoin.

Right, and the thing with bitcoin's fundamentals is that is getting stronger by the day.

If might not reflect to the price per se, but the network is more secure than ever, transaction block times are very quick, thus confirmations are cheap as well and fast.

Of course, bitcoin price movement is very unstable and no one can predict it accurately, everyone is just making a guess actually.

GreatArkansas

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Quote from: Richycryp on December 28, 2021, 05:13:40 AM

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
(....)

If so, we should try to look on the fundamental side of Bitcoin right now, not on the technical part like on the charts, because as you said nobody is hundred percent sure about the moves. So it is much better to look at the fundamental side like the adoption, number of transactions, the block halvings, and volume being transacted on the Bitcoin network. Because for sure, the long term is good for this, this is the move that I consider good for Bitcoin.

the ghabbar

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Quote from: Finestream on December 31, 2021, 04:03:05 AM

Quote from: the ghabbar on December 30, 2021, 01:41:26 AM

Quote from: ipanks on December 29, 2021, 06:01:27 AM

Quote from: the ghabbar on December 29, 2021, 05:14:02 AM

Quote from: Richycryp on December 28, 2021, 05:13:40 AM

Do we really know the good moves of Bitcoin and the nature of the market.
although no body is hundred percent sure on the moves of Bitcoin, If you think you know it all about Bitcoin it will definitely disappointed you. we can only be close on or prediction but not hundred percent correct.
we do try by studying the market and know the demand, This will help us know how the movement of the market and the flows of the market through the chat.
everyone should contribute on this topic and tell us there different opinions and ideas.
is good if we can know the good moves of

No one can guarantee bitcoin's future journey, no matter how great the predictions people make, the truth rate is definitely below 80%, even though the prediction space is wide open for everyone, but what needs to be understood is that the prediction is not a reference to the truth, a great example of bitcoin predictions this year, many people say that bitcoin will reach 1 billion, but the journey is not so, even tends to decrease from previous predictions.

Maybe the moving of bitcoin will not be as fast as people think because as we see how bitcoin prices up to and down so far, it seems the price needs more time to increase and back to the last ATH and that will not come back so soon. But people still want to wait for the next highest price of bitcoin and even if that means they need to wait for more than 2 years later, they will still wait for more.

I don't see this year as a bitcoin increase in the maximum price, the correction that occurred made bitcoin stall at the current price, to reach a new ATH I don't think this year will ever happen for bitcoin, but as you said, People are still waiting Bitcoin price increases to the maximum price, even to wait for that time it will take a year or two at the earliest, let's see if it will happen or vice versa.

Bitcoin has been making a price decline even at the present but i think this will only be temporary and won't last for long. I believe bitcoin will eventually recover its price sooner but if we will witness a bearish season right after this correction, then it may take a year or less than a year to see bitcoin starts to skyrocket again. But the good thing about bitcoin is, whatever its current condition, it will never become stable having a low price. It will always bound to reach new ATH once the market manifests an incoming bullish trend.

The condition of bitcoin this year is quite confusing, almost the same as in the previous two years, bitcoin experiences small corrections almost every month from month to month, despite the fact that everyone knows the level of stability of bitcoin itself, I also realize this correction will return to normal, but it will take less time more than a year to be on a safe path, currently bitcoin is very suitable for buying both short and long term investments, there is nothing to worry about at this time, I think we should be able to see a great opportunity to invest in bitcoin.

Hypnosis00

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Quote from: Wexnident on December 31, 2021, 05:44:20 AM

Predictions and analysis just raise the owners confidence level, but definitely not the chances of it happening

Meaning, we can't make the future of Bitcoin fall into our hands as it moves freely without our huge influence. I can see that whales and market influencers making it different from the usual trend but this never gives the reason that we certainly know what will happen next. Even we spend 24 hours studying the market flow, this never makes us know what gonna happen in the future.

*Bitcoin never moves according to the plan.
*Bitcoin is still unpredictable no matter what we do, this can never be changed.

suzanne5223

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Quote from: Chato1977 on December 31, 2021, 12:46:54 AM

Quote from: ?? on ??

Quote from: StreakW on December 29, 2021, 10:32:17 AM

In my opinion, Bitcoin price movement is still on the decline. From the chart, the current price movement still doesn't give any sign of accumulation or a possible reversal to bullish and if the support area breaks down at $44k, then most likely the price will go to the $39k area.

Starting Wednesday 12/29/2021 the price of bitcoin has decreased below $48k until now the price movement of bitcoin is still at $47,218.10.
And now the price of Bitcoin is likely to move towards the point of “maximum pain”
Maybe what you say is true if the price of bitcoin will drop to $44k.

Who really cares if bitcoin price drops that low? remember that we have experience even below 30k this year from climbing almost high as 70k.

so Yeah I will take that opportunity to buy more than selling now or in the 2022 start.

@StreakW and Roidz, according to the facts. The Bitcoin market to have experienced some major dump in price during the last week of the year and also experience a huge market correction after 12months of halving effect bullish market though this may change due to the institutional investors.

@Chato1977, some people care about this because they are arbitrage or day trader and if the market continues to make an unpredictable trend it will affect their profit.

Topic: The good moves of Bitcoin. - page 2. (Read 555 times)