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Topic: What do you think about Bitcoin? - page 4. (Read 1390 times)

hero member
Activity: 2870
Merit: 594
March 04, 2022, 05:27:05 AM
In the long run, Bitcoin is far more positive than in the short run. Bitcoin's short-term price is continually changing. Volatility is what it delivers. The price might suddenly fluctuate in the hundreds, if not thousands, of dollars. As a result, betting on Bitcoin's short-term price is not only dangerous, but also potentially unprofitable. The long term, on the other hand, virtually always ensures a return on investment. This is why day trading is less exciting than patiently holding.
Well this is debatable, but if you are wise investor, it's better to really go long on bitcoin. You might be making money short term, buy and sell to make a quick buck or two. But if you just hold and buy during dip, then maybe down the line the profit will be huge. Just like what happen the last time, prices goes down to $3k because of the pandemic and then shoots up to new all time high of $69k. So that is a great margin of profit if you stay and just hold during the 2 years.
jr. member
Activity: 97
Merit: 6
February 24, 2022, 05:46:47 PM
In the long run, Bitcoin is far more positive than in the short run. Bitcoin's short-term price is continually changing. Volatility is what it delivers. The price might suddenly fluctuate in the hundreds, if not thousands, of dollars. As a result, betting on Bitcoin's short-term price is not only dangerous, but also potentially unprofitable. The long term, on the other hand, virtually always ensures a return on investment. This is why day trading is less exciting than patiently holding.
sr. member
Activity: 1372
Merit: 275
February 24, 2022, 12:30:52 PM
I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
If you expect bitcoin price to reach $100k by 2022, then I think it will be difficult for bitcoin to reach $100k this year. Since entering 2022 until now the price of bitcoin is still experiencing a significant price correction, even now the price of bitcoin is back down to the level of $35k. Therefore, I assume bitcoin will still drop to the $33k support area.
Bitcoin did move up to a price of $46K in early February, but unfortunately the sentiment of geopolitical issues that occurred between Russia and Ukraine made the bitcoin price experience a significant correction, even in the last 7 days bitcoin has decreased by 18.70%, and this shows a fairly bad market condition for bitcoin holders at the moment, with the current market conditions, I also have a little doubt that bitcoin will be able to reach $100K in the near future, if possible, of course bitcoin needs a strong push to be able to rebound from the price support level will be on the market later.
hero member
Activity: 1050
Merit: 592
God is great
February 24, 2022, 11:48:03 AM
I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?

No one knows what will happen to the price of bitcoin and when the price will reach  100k , bitcoin price is what can't be predicted. You just have to be patient and observe the market. Trying to predict bitcoin price when it will hit to 100k so stressing the mind and may lead to steps that may not be favourable.  It is better you have patience and follow the market the way it is till it get to the price you have been waiting for so long.
member
Activity: 382
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February 24, 2022, 10:10:17 AM
I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
If you expect bitcoin price to reach $100k by 2022, then I think it will be difficult for bitcoin to reach $100k this year. Since entering 2022 until now the price of bitcoin is still experiencing a significant price correction, even now the price of bitcoin is back down to the level of $35k. Therefore, I assume bitcoin will still drop to the $33k support area.
jr. member
Activity: 1274
Merit: 1
February 23, 2022, 09:25:46 PM
I agree with your opinion. I expect the price of Bitcoin to exceed 100K in the next two years. The main reason for this is that the currency will be legalized in most countries.
As a result, people in all countries will know about it and will be interested in buying. I think the future of Bitcoin is much better.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
February 21, 2022, 03:55:34 AM
I understand your frustration but when you’re dealing with an exponential technology like BTC it’s always difficult to predict.
Many people get their hopes up of where BTC should be valued at this particular moment in time and they get disappointed.
Just be patient, look at the consistent growth and understand that BTC will inevitably hit over 100k.
In this market, the more you eager to take your slice of cake is the more losing you may have , because in desperation you will make a wrong decisions and will bring you to losses and not so worth investments.

I have learned this the hard way in the past when I keep seeking for big profit and in the end what i get is dumping season.
if you think there is enough profit in your capital then best to let it there and just buy in the next chance when the market subside .
legendary
Activity: 3122
Merit: 1032
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February 21, 2022, 01:36:02 AM
#99
I understand your frustration but when you’re dealing with an exponential technology like BTC it’s always difficult to predict.
Many people get their hopes up of where BTC should be valued at this particular moment in time and they get disappointed.
Just be patient, look at the consistent growth and understand that BTC will inevitably hit over 100k.
sr. member
Activity: 1778
Merit: 309
February 19, 2022, 06:48:29 PM
#98
In my opinion, the Bitcoin price towards the $100k level is just a matter of time. if there is a growing number of positive sentiments for Bitcoin, from adoption to mainstream exchanges to bitcoin approvals in countries like El Salvador. I am optimistic that the price of Bitcoin still has the chance to break the $100k level maybe later this year even though it is currently experiencing a downward trend.
I think people were very positive about seeing such a price this year, however things have not turned out as we want them, the price of bitcoin is suffering an attack by the bears as they are taking advantage of the FUD created by the situation in Ukraine, and until that is resolved I think any dreams of seeing bitcoin reaching 100k during this year need to be put on hold as there is no way to have a bullish market in the case we see a direct confrontation between the US and Russia.
Maybe there is but I'm not considering the war conflict between Ukraine and Russia is having a huge impact on the price dragging down as even this the conflict never happens, drops will going to exists. I was now thinking that this year 2022 isn't bullish anymore, unlike last year. Drops can be more persistent at this time than having into the market spike. But honestly, I was liking this situation as I could even buy more anticipating the price surge in the future.
sr. member
Activity: 1106
Merit: 391
February 19, 2022, 01:48:45 PM
#97
I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
Bitcoin price increases will occur due to high market demand, and as more countries recognize BITCOIN, it will help pump up the price. the recent acknowledgment from russia and ukraine still hasn't made the bitcoin price bull, we'll just have to wait in the next few months, it's definitely going to be bullish.
legendary
Activity: 2534
Merit: 1338
February 19, 2022, 01:25:40 PM
#96
In my opinion, the Bitcoin price towards the $100k level is just a matter of time. if there is a growing number of positive sentiments for Bitcoin, from adoption to mainstream exchanges to bitcoin approvals in countries like El Salvador. I am optimistic that the price of Bitcoin still has the chance to break the $100k level maybe later this year even though it is currently experiencing a downward trend.
I think people were very positive about seeing such a price this year, however things have not turned out as we want them, the price of bitcoin is suffering an attack by the bears as they are taking advantage of the FUD created by the situation in Ukraine, and until that is resolved I think any dreams of seeing bitcoin reaching 100k during this year need to be put on hold as there is no way to have a bullish market in the case we see a direct confrontation between the US and Russia.
full member
Activity: 1119
Merit: 206
Next Generation Web3 Casino
February 19, 2022, 08:36:04 AM
#95
In my opinion, the Bitcoin price towards the $100k level is just a matter of time. if there is a growing number of positive sentiments for Bitcoin, from adoption to mainstream exchanges to bitcoin approvals in countries like El Salvador. I am optimistic that the price of Bitcoin still has the chance to break the $100k level maybe later this year even though it is currently experiencing a downward trend.
legendary
Activity: 2534
Merit: 1338
February 16, 2022, 12:56:46 PM
#94
I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
you don't have to think hard when time Bitcoin price will touch $100k! because surely Bitcoin will be there...

after putin said he was interested in Bitcoin then there I believe in the future there will be many more countries that make bitcoin a currency, the price of Bitcoin to $100k is still very small, Bitcoin will definitely fly to $500k or moreee.


This is the sentiment of many failed investors, they are urging the price to reach high and then when fails? they will cry and blame the market because of being volatile lol..

If you cannot wait long then never invest in bitcoin , instead put your money in altcoin that can reach high with faster chances but also can lose your money that fast as well.
Unfortunately this is very common, a lot of people see the ads on the Internet about how someone with no experience bought bitcoin and then they became rich and then they want the same for themselves, not understanding that while such a thing is possible very specific circumstances had to happen to produce that result, so when they come to the market with those mistaken ideas and then they realize their dreams were never possible they get disappointed in the market and then they incur massive losses.
full member
Activity: 1148
Merit: 151
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February 13, 2022, 12:12:26 PM
#93
I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
i know a lot of people are pessimistic that bitcoin will reach $100k+ but that's not wrong either because until now the adoption of bitcoin has not been that wide, so the price has pumped up.  but for the long term potential, i'm optimistic Bitcoin will surpass $100k+, nothing can stop Bitcoin from bullish high.
sr. member
Activity: 2338
Merit: 365
February 12, 2022, 12:37:15 PM
#92
This is the sentiment of many failed investors, they are urging the price to reach high and then when fails? they will cry and blame the market because of being volatile lol..

If you cannot wait long then never invest in bitcoin , instead put your money in altcoin that can reach high with faster chances but also can lose your money that fast as well.
hoping for bitcoin prices to fly fast is a mistake and a heavy hope...

from $1 to $60k Bitcoin took 10+ years ago to reach $100k more, bitcoin may take 3 to 10 years. let's all of us make bitcoin as a long term investment, don't look in the short term because you definitely won't be satisfied with the increase in price.
legendary
Activity: 2128
Merit: 1775
February 12, 2022, 09:33:42 AM
#91
I wonder when the price of Bitcoin will reach $ 100k +.
If you want to trade futures, some scientists speculate and say, don't ever think $100k for Bitcoin is too soon, now trade Bitcoin short term.

It means:
A lot of investors/entrepreneurs etc, who have jumped into the crypto world, for now Bitcoin is no better for $100k, the reason: they can buy for $39,000 and sell for $42200, as is happening now, the rounds of money can be counted weekly, $3200 profit is in sight, depending on how much they buy, for example: 5BTC multiplied by $3200=16000/week is real, what is $100k for, they only get 2BTC only.

There is a but for you, if you buy Bitcoin at this time patiently waiting for $100k, it doesn't matter, maybe you have to wait for the next 1-3 years, even then it's not certain, if.......
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
February 12, 2022, 05:20:39 AM
#90
I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
you don't have to think hard when time Bitcoin price will touch $100k! because surely Bitcoin will be there...

after putin said he was interested in Bitcoin then there I believe in the future there will be many more countries that make bitcoin a currency, the price of Bitcoin to $100k is still very small, Bitcoin will definitely fly to $500k or moreee.


This is the sentiment of many failed investors, they are urging the price to reach high and then when fails? they will cry and blame the market because of being volatile lol..

If you cannot wait long then never invest in bitcoin , instead put your money in altcoin that can reach high with faster chances but also can lose your money that fast as well.
hero member
Activity: 2842
Merit: 772
February 12, 2022, 04:35:40 AM
#89
I don't think this is the best time to buy bitcoin for the long term. Though there was a recent bounce from support to 32к, I would rather wait for a correction. I agree with those who say that the price is still going to fall.But in the long term we might see 100k.
Your only problem.is that you don't know when will the correction happen and also it's worth mentioning that if you're going for long-term then it's not really your problem of how much is the prices currently because if bitcoin were to grow then you're still going to get profit and you will look back at the time when it was at this price. Don't be too indecisive when it comes to getting into the market, we don't know if this is the last time that we're going to see that price.

It's not a problem per se, everyone didn't know what will be the top price and similar, the floor price. But as you have said, if you are for the long haul then just buy at your convenient and hold for a long time. And we think that we are in a bear market for this year so it's a great opportunity to buy cheap bitcoin and wait like in the next couple of years to sell.
sr. member
Activity: 1666
Merit: 426
February 12, 2022, 04:20:04 AM
#88
I don't think this is the best time to buy bitcoin for the long term. Though there was a recent bounce from support to 32к, I would rather wait for a correction. I agree with those who say that the price is still going to fall.But in the long term we might see 100k.
Your only problem.is that you don't know when will the correction happen and also it's worth mentioning that if you're going for long-term then it's not really your problem of how much is the prices currently because if bitcoin were to grow then you're still going to get profit and you will look back at the time when it was at this price. Don't be too indecisive when it comes to getting into the market, we don't know if this is the last time that we're going to see that price.
legendary
Activity: 2534
Merit: 1338
February 12, 2022, 03:54:54 AM
#87
I wonder when the price of Bitcoin will reach $ 100k +. Because at present the approval of bitcoin is increasing in different countries. And different countries based cryptocurrencies keep coming to the market. From that point of view, it is expected that the price of Bitcoin will increase the most. But in the next few years, the price of Bitcoin will continue to rise, so long-term Bitcoin will continue to improve. What is your opinion?
The thing that makes bitcoin unique and valuable is its price volatility...

I never expected the price of Bitcoin to continue to rise because if it continues to rise then we all have no chance of making a profit. I also trade in other investment assets and only bitcoin gives me big profit due to the beautiful volatility of its price.
Not really, the volatility makes bitcoin attractive for traders and speculators, what makes bitcoin really valuable are its fundamentals, the ability to send money all over the world without the need for a bank is incredible, and if to this we add that Satoshi established a hard limit to the amount of coins that are ever going to be created then it is easy to see how bitcoin will continue to grow in terms of adoption but also in terms of the price.
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