Topic: This Will give you motivation to learn finances and market the right ways (Read 224 times)

That's right mate. A lot of people I see are only speculating ridiculously. That is because they don't know how price works. They don't know that the supply and demand of the coin can affect the coin's value. But no, not all are waiting for Bitcoin to plunge to $15k or lower than that because a lot of us are aware that is unlikely possible right now

 One thing that can't prevent it from happening is the heavy buy order that you saw on $18k-$21k prices because the price can surely skyrocket after that. next year or two, many are positive that a bull run will occur but after it can also be followed by a severe bear market which can be worser than last year. So who knows right? Maybe your call of $19.3k as the lowest for BTC could be possible.

For someone to understand how things work. Is it to speculate less on the price of bitcoin when it is already known that in a year and two years, the price of bitcoin will be higher than the prices you mentioned? Who would ever support or think that the price of bitcoin will ever fall as low as you have predicted? It seems absurd to people's ears. Someone who is knowledgeable about the crypto market and how it will affect Bitcoin price would argue against it and call you crazy for de-emphasizing the bull run's impact on the price of bitcoin.

I don't think you knew about the price chart history of bitcoin prices. If you do, you would have been motivated by the upcoming bull run, to acquire more bitcoin, rather than thinking less of seeing bitcoin at $19300 in a year and $35k-$40k as the highest price in two years

This didn't give me any motivation as the topic said it'll, I don't think bitcoin will fall to $15k, my worst case scenario is $17k but if that price was to be seen in bitcoin again, it has to happen this year as this should be the last year of bitcoin bear market then from next year that will be the halving year, bitcoin can't go below $30k again as many investors will be accumulating because they know after the halving Bitcoin will keep rising and it'll lead to the bull market of Bitcoin.

$35k to $40k should be happening this year or next year, it'll be very poor of the market for it to be trading at those price in two years which is 2025, by that time the market should have crossed previous all time high price and be looking to create a new all time high price.

It is good to be motivated to invest but one thing you should always keep in mind is that when the market goes down there are good opportunities to invest. Because if you invest when the market is dumping, it is possible to make a good amount of profit in a short period of time when the market goes up again. You need to have a complete understanding of when investing will bring you profit and when investing can make you suffer losses. If you look at the current position of the market, you will definitely see that it is in a position to invest, so investing from here will have the highest desire for profit. In that case, if you consider that within two years the price of Bitcoin can go close to $40k dollars, then I think it has the potential to increase even more. Because we know that when Bitcoin halving in 2024, we will definitely see a big bull market, and that's when the market will peak again.

Crypto market speculators are just guessing without prediction, they just want to influence the market without seeing how the market is actually doing.
We can see many influencers giving their predictions and it will make their followers believe what they say.

On average everyone is currently speculating Bitcoin will reach 4100k on the new ATH when the Halving is achieved,
but of course, it's different with OP who is targeting far below that LOL.

The last unbreakable resistance was at $25k and started to bounce until now it has reached more than $26k.
Prices will continue to recover if the trend continues to be positive and there is no massive selling by institutions or other large investors.

Halving progress has reached 83%, prepare your bags.


https://twitter.com/therationalroot/status/1694811323958194667/photo/1

Isn't what you're saying also part of speculation? 
Speculating is often done and done in this crypto world. But the difference is how to get the speculation. It is true that everything must be based on certain analysis and knowledge. especially related to the estimated price of Bitcoin.
But if you see your post speculating the price of Bitcoin will be under $20k again, isn't this a thing of the past?
And in terms of Bitcoin price going forward, if it goes through the halving and the bullish era, it will be even more than $40k you would bet. It could probably be more than ATH in the past. because this is speculation. However, several crypto enthusiasts also said this, based on graphic analysis. I don't know, we might speculate because nothing is 100% certain in the crypto world.

I think Bitcoin have reached it based market level for the period before and after the 2024 when Bitcoin is expected to reach the 100k speculated price, because before that time we may witness a lot of market ups and downs that will force many Bitcoin market speculator to want to predict price bottom of below 20k but in reality, that won't happen any time soon although I am not doubting the possibility but it won't because of several factors.


You could see that from the way Bitcoin created a resistance bound around $25k before it gradually recovered to 26k at present.

I agree that it will be much much higher, if we are looking into just 2 years into the future ı bet that even 100k+ is possible and it will probably happen. There needs to be some major situation going on in order to not see that and I thin kits quite important to make it happen. Obviously, it is not going to be simple like tomorrow we wake up and it is 100k+, that's going to take some time and it is going to higher and higher.

I think it is quite important to make that profit with time, and that is why it is so important. I guess we need to hope for something that will take some time, and gradually go up more and more and more. If that happens then we are going to end up with a profit that should make it a bigger and better deal.

$35k-$40k in the next 2 years?
Are you sure about that?

Analysis is necessary, but if you are just groping with your vision, it seems to be extreme speculation without any analysis.
Maybe a drop to $19k will still happen, but a 2-year high is unacceptable.

Everyone says 2024-2025 are good years where Bitcoin can reach its latest ATH, above $100k, and even more with strong support from the Bitcoin community.
You need to look further ahead, at how Bitcoin is developing, not just making speculation without any basis.

Honestly, I doubt in the next year bitcoin will decline past $20k in price. Because in the next year bitcoin will face a halving cycle, which usually bitcoin price will increase. Indeed, there will always be a decline in the price of bitcoin, including in the next year. But I think your prediction is too exaggerated. Because as far as I know, the price of bitcoin will experience a fairly deep decline, that will be after the bull run market is over, and that might happen in the 2025-2026 range. Why is that, it's because when a bull run market occurs, many bitcoin investors sell their assets, so the price of bitcoin will definitely decrease.
In my personal opinion, the price of bitcoin will be more than the price you mentioned. Because if you don't know, as I wrote above, next year bitcoin will face a cycle called halving. So after the halving occurs, the price of bitcoin will usually experience a sizeable increase or what is known as a bull run market. Well, it all happened, because it has become a trend for investors in bitcoin every four years. What makes bitcoin investors hodl their respective bitcoin assets, to wait for the halving and the bull run market to sell the bitcoin assets they own.

And OP, advice from me, looks like you should learn a lot more before making a thread like this, because by now I see you've got two red stamps.

Seeing the title, I was expecting something more solid, and not the garbage the OP has written, but seeing that he has been tagged as idiot, liar and scammer now I understand it better. Don't be surprised if after this crap analysis he tries to sell you some infallible trading system with which to make a lot of money.

As you can see it is a newbie account, if you want to check you will see that there are a lot of people who are newbies and started a new topic recently, which means that there is someone farming some new accounts and if you keep following them you will see that they are going to grow and grow and continue to grow and then suddenly stop.

That's the type of topic this is, it is not really created for this, probably taken somewhere else too, it is just here so that the newbie would have some higher return and some posts under it's belt to keep on growing. It's a tough one but it could be done and I think it is important to realize that we are giving them a reason to keep doing this on the long run as well, not really a good idea.

I think you are just speculating so much the market. Although that is possible to happen but it's too far from the truth. $15k is very low and surely investors won't let it to be happened. In my opinion, what's happening in the market now is just a pullback because we are still in the bullish trend. $25k has a strong support, meaning the demand sitting there are so big, and I think it would be enough for the price to increase higher. Possibly the price would hit $35k to $37k this year.

There's actually no motivation here to learn how the market works, you are just stating the possible price trend here.
Anyway, I encourage everyone to learn first before you invest on any market or do some trading because your knowledge about the basic information is very important. Just like the post of OP, if you are not familiar about what he says then for sure you'll get confused but if you already have an idea about the topic itself, then you can see that this is just a plain prediction without any supporting analysis.

Mind to share your own analysis why you predicted the price to go lower than $20k?
Learning how to analyze is a big thing in trading and you should not skip this part because its very important and we all know trading is very risky so doing this without the right knowledge is just like throwing a money. The price of Bitcoin becomes unstable and its an indicator that we are still in a bear market, though I'm confident that we will end this year at a higher price in preparation for the next year bull run.

Majority is really that hoping or seeing the same thing and even myself that the current price that we do have now or it did able to dip on 25k was the last lowest price that we might be able to see again.I do have the

feels that we might be recovering on next days to come and would be able to touch up that 30k once again. We know that there's no assurance in speaking about price movement since this market is really that unpredictable and totally that random at all and there's no way on which path it would really be taking into. 2 years time and just been said by others that we are already past bull run on that time which does indicate that we might really be that in other market cycle on which we know that might be able to see some numbers that we arent expecting. We cant really even tell if there would be some huge spike in price.

Now, people would already be that positive and hopeful for the price to come up considering that we are fast approaching with the halving event where most people believe that
this one would really be a solid catalyst on bringing out the market into the positive side of things.This is why it would be wise that you should really know on when to pace yourself.

These type of topics makes me want to see a psychologist. It must be a great feeling to have this much confidence, I think it should be important to have some sort of return where you are going to make as much profit as you possibly could, and that should be the important difference.

I get that it will not be that simple, like it will not be just get confidence and then profit, but I love it when fools have this confidence. Dude basically said nothing, just that it will be close to 19k at the bottom and 40k at the top and he said it with so much confidence that he actually believes him saying this WILL! give us motivation to learn finances. Like what the hell is the connection there? It makes absolutely no sense at all.

I'm not expecting below $20,000 anymore.
Bitcoin block halving is fast approaching and for me, that's the signal already that we will not see lowr than $20,000 ever again.

I'm bullish starting the end of quarter this year and including that, we will not see the $20k level again.

Everything can indeed be seen and predicted through mature technical analysis. But price movements in the market are more complex than can be analyzed. Even though technically I see that the price will indeed go to 24 and then to 22. But still, all of that still doesn't guarantee that the price will actually go there. But for those of us who are doing DCA, I think it doesn't matter where the price moves. If it goes down we buy more. And if it goes up I buy less and wait for the dip to come back to buy more. My nets are currently installed up to 22. It would be great if the nets I installed can be filled. maybe if the price passes 22. I also have to start planning to set up nets at lower levels. But I think area 22 has very strong support.

Your analysis is pointless, buddy.  What do you mean that the highest price for bitcoin in the next two years will be $35-40k? This price will be exceeded by the end of the year.
In my opinion, buying for $15k or less is not realistic. And $19,300 in the next year is also out of the question because there aren't enough proofs that can be identified right now that will lead to that.