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Topic: What do you think bitcoin price would be in the next few days? - page 3. (Read 1240 times)

hero member
Activity: 2730
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Many people are speculating that Bitcon's price will go above $100k soon, but I don't know why I am not believing them. I am still speculating this year to end Bitcoin price of below $70k because we have seen how the market movement is in the past few months, BTC price is around$58k-$65k, which I think it will remain in that range or even fall below that since we are approaching the end of the year.
The only wise thing a newbie should do is to stop speculating about the price and focus on investing using the DCA method or now the price range is still reasonable for investment before it is too late.

They are speculating because the US election is around the corner and from indication, Trump is winning this one and since he is a crypto advocator, we will see a mad run up for Bitcoin price but my fear is that this run is too expected just like the Bitcoin ETF, it didn't go well despite all the force. Alot of folks were shilling this Market to enter bull run and Bitcoin to make a new all time high but at the end, the price was later exhausted of the run.

Whatever the outcome that we later have from this market, I know for sure that it will one day lead to salvation and that 100k will be a thing of the past just like how 20k was seen as a barrier back then, don't expect much but be anticipated for good things later. Bitcoin price will do well and if you are going to hold, do it with the amount you may not need anytime soon to avoid disappointments especially the need for emergency funds.
Fundamental or political kind of news isnt something that relevant wayback into those previous years or cycles but since we are now on years on which institutional funds had flown into this market then we would be already finding out its relevance in regarding into the possible effects that it could really be giving out into crypto space. Somehow not all the time that it will really be having that effect on which there would really be those times or moments that no matter how bullish or bearish the news is but still it didnt really make out such effect into the market movement. This is why some people doesnt really put up some care when it comes to FA on which this isnt something that will really be relevant.There would really be those traders or investors who are really that too mindful about those possible effects on which it isnt really that bad because this is where we do really insert our own analysis on which this is something that you will really be that focusing into. There would really be those situations that you might really be that losing hope on what you are really that doing.

Market is really that highly speculative and for you to be able to avoid such disappointments then it will really be better that you should really be that versatile on whatever the results of your analysis would really be turning out. There would really be those people who would really be ending up that they will really be that too optimistic whenever they do see out those positive news on which you cant really be able to avoid on not to think up with. There are really just that those individuals who would really be that not having no good when making up outright decisions basing up on what they are seeing.
hero member
Activity: 952
Merit: 552
Many people are speculating that Bitcon's price will go above $100k soon, but I don't know why I am not believing them. I am still speculating this year to end Bitcoin price of below $70k because we have seen how the market movement is in the past few months, BTC price is around$58k-$65k, which I think it will remain in that range or even fall below that since we are approaching the end of the year.
The only wise thing a newbie should do is to stop speculating about the price and focus on investing using the DCA method or now the price range is still reasonable for investment before it is too late.

They are speculating because the US election is around the corner and from indication, Trump is winning this one and since he is a crypto advocator, we will see a mad run up for Bitcoin price but my fear is that this run is too expected just like the Bitcoin ETF, it didn't go well despite all the force. Alot of folks were shilling this Market to enter bull run and Bitcoin to make a new all time high but at the end, the price was later exhausted of the run.

Whatever the outcome that we later have from this market, I know for sure that it will one day lead to salvation and that 100k will be a thing of the past just like how 20k was seen as a barrier back then, don't expect much but be anticipated for good things later. Bitcoin price will do well and if you are going to hold, do it with the amount you may not need anytime soon to avoid disappointments especially the need for emergency funds.
hero member
Activity: 924
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In the next few days in the month of October it seems history is likely to be in the red , but so far from what I have seen, it's held up well and just seems to be bouncing around in the range of 60K and 64K and if we can break this range before the month ends then the narrative side of a bearish month could change.

Uptober might not be happening anytime soon though.

I don't know how long this ranging market will last but it is good we take the opportunity to buy and hold waiting for the price of Bitcoin to recover so that we can continue the bull trend. For all the traders outsider there, scalping the market will be a good idea so that we don't go too far to make any decisions that could cost us to lose funds due to our unforseen market trend changes. The bull market will still continue but like the market price is still going to retrace when everything finally settled. This is the time when we need to trade less and do enough market analysis before entering the market for any trade. This is better to save our portfolio from getting reduce due to wrong analysis.
legendary
Activity: 2716
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Leading Crypto Sports Betting & Casino Platform
Yes, currently the price is still around $63k, and basically of course, however and whoever you are, we can only speculate about how much Bitcoin will cost in a week, a month or a year, that prediction is possible but it is unlikely to be truly accurate, and from what I see from today's trend chart I see that the price is now in the latest support area, and looking at the candlestick formation that has formed, it seems that in the near future there will be a reversal, but even if the price really goes up, it doesn't seem like it will be too far because the previous resistance was in the range of $66,500.
I hope that it will be different and will go farther than what we're expecting. I am not expecting a lot for this year but for next year, everyone looks differently there and have more hopes put to that year to come. The resistance is there but we will never know until we finally see the actual year comes soon.

Of course, our hopes are all the same in the sense of hoping for the best to get the maximum amount of profit in the future, and for now I think it is indeed time for Bitcoin to experience a correction or decline before entering the next halving phase, and that's good because  by buying at a cheaper  price, the potential profit in the next few years, especially when Bitcoin reaches a new ATH, is likely to be quite significant, and so far I will continue to focus on planning my accumulation to continue to increase my Bitcoin.


From my experience and knowledge about how to analyze the market technically, I see that to reach a price of $65 - $66k which is its latest resistance point and next week it seems that it is possible if a reversal occurs in the current support area, but to reach a price of $70k I can't be sure or haven't found any indication of the formation of the current trend, and maybe we will only be able to see this indication if the price of Bitcoin next week breaks through the resistance area before which is at the price of $66k.
I am not in a hurry so if your indications doesn't show you that, that's fine. Bitcoin has always been unpredictable but we're all agreeing that if it's up to $60k and stays there for so long, that's a good price for most of the holders that have bought it when it was under that range.

What I said above is nothing more than a general analysis, my friend, and I'm sure most people can do the same, it's easy enough to do but in the end, as you said, Bitcoin will always be unpredictable, we will only be able to see the real price when the time comes, and what's better is to continue to focus on planning to increase your Bitcoin accumulation even though the price is still around $ 60k which is not far from its highest ATH price because delaying will only minimize the possibility of your profit opportunities.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
Many people are speculating that Bitcon's price will go above $100k soon, but I don't know why I am not believing them.
I don't think that Bitcoin's price will go above $100k soon or at least in 2024, but I'm pretty sure that in new few months that might happen and there's chance that Bitcoin may even cross $100k value and some even believe that it might cross $120k value as well.

To be honest, I want to see Bitcoin over $100k before July of 2025 but even it reaches that value before December 2025 then still it would be great for the community. However, I also believe that in coming days Bitcoin might remain below $70k value.


With just over 2 months left in the year and bitcoin prices having been stagnant for the past several months, so it is not hard to understand why you or many people are starting to believe that bitcoin will not hit $100k this year. Furthermore, everyone is expecting history to repeat itself and October is supposed to be the start of the bull season. So it is no surprise that everyone expects and believes that Bitcoin will reach $100k or more by 2025.


But those who still believe that btc will hit $100k before the end of this year are not wrong, because that was the prediction and goal of all of us when bitcoin surpassed $69k and created a new ATH in March this year. Most people were optimistic about the $100k goal at the time, including us. But things didn't go as we expected, so many people are no longer optimistic about that goal.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
Many people are speculating that Bitcon's price will go above $100k soon, but I don't know why I am not believing them.
I don't think that Bitcoin's price will go above $100k soon or at least in 2024, but I'm pretty sure that in new few months that might happen and there's chance that Bitcoin may even cross $100k value and some even believe that it might cross $120k value as well.

To be honest, I want to see Bitcoin over $100k before July of 2025 but even it reaches that value before December 2025 then still it would be great for the community. However, I also believe that in coming days Bitcoin might remain below $70k value.
hero member
Activity: 3136
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Leading Crypto Sports Betting & Casino Platform
Now Bitcoin is at $61k, and to be honest I can't be sure that in the next week Bitcoin will reach $70k as you predicted, that's too far in my opinion considering that Bitcoin's increase and decrease only occur in a few percent
And it has reached $63k today but goes somewhere in between again to $62k. It's easy to say that it can be $70k soon but then, we can't be sure if it's going to happen. So, it's easy to say but hard to witness when we're seeing this type of volatility that it doesn't go that far from the current support that it has.
Yes, currently the price is still around $63k, and basically of course, however and whoever you are, we can only speculate about how much Bitcoin will cost in a week, a month or a year, that prediction is possible but it is unlikely to be truly accurate, and from what I see from today's trend chart I see that the price is now in the latest support area, and looking at the candlestick formation that has formed, it seems that in the near future there will be a reversal, but even if the price really goes up, it doesn't seem like it will be too far because the previous resistance was in the range of $66,500.
I hope that it will be different and will go farther than what we're expecting. I am not expecting a lot for this year but for next year, everyone looks differently there and have more hopes put to that year to come. The resistance is there but we will never know until we finally see the actual year comes soon.

This is very likely. We're on the weekend again and things might not that be active for now but when the next week enters, I guess that we'll experience some movements again and its volatility would reach back to $65k-$66k and what I like it more if BTC's support goes back to $66k and stays there for quite a while. Because with that, that's showing a strong support and $70k is at hand and it can come anytime soon, I hope we get into that situation the soonest.

From my experience and knowledge about how to analyze the market technically, I see that to reach a price of $65 - $66k which is its latest resistance point and next week it seems that it is possible if a reversal occurs in the current support area, but to reach a price of $70k I can't be sure or haven't found any indication of the formation of the current trend, and maybe we will only be able to see this indication if the price of Bitcoin next week breaks through the resistance area before which is at the price of $66k.
I am not in a hurry so if your indications doesn't show you that, that's fine. Bitcoin has always been unpredictable but we're all agreeing that if it's up to $60k and stays there for so long, that's a good price for most of the holders that have bought it when it was under that range.
hero member
Activity: 1652
Merit: 723
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Daily sticks are showing bitcoin price will decrease. Bitcoin is difficult to get to $65000. It has to increase further a little than $65000 before it can get close to $70000 and above. I do not think this will happen anytime if bitcoin stay below $65800.
The thing is that you can't predict the price of Bitcoin because the price is unstabl, it always fluctuate base on the demands and supply in the market of cryptocurrency, so I'm of the opinion that Bitcoin price you see neither sixty thousand [60k] or seventy thousand [70k] can deprecate in value when you have not expected, so therefore what everyone saying or said about Bitcoin price now and future price is just a personal assumption, so it's clear that many persons does make research before they come up with their own predict about Bitcoins, it's good and cool that Bitcoin price is unpredictable from my perspective, Bitcoin can rise today to seventy thousand and within two days interval the price will deprecate to fifty thousand or below that, it has happened before and theirs every possibilty that it can happen again and again.
hero member
Activity: 994
Merit: 744
Daily sticks are showing bitcoin price will decrease. Bitcoin is difficult to get to $65000. It has to increase further a little than $65000 before it can get close to $70000 and above. I do not think this will happen anytime if bitcoin stay below $65800.
Many people are speculating that Bitcon's price will go above $100k soon, but I don't know why I am not believing them. I am still speculating this year to end Bitcoin price of below $70k because we have seen how the market movement is in the past few months, BTC price is around$58k-$65k, which I think it will remain in that range or even fall below that since we are approaching the end of the year.
The only wise thing a newbie should do is to stop speculating about the price and focus on investing using the DCA method or now the price range is still reasonable for investment before it is too late.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
Now Bitcoin is at $61k, and to be honest I can't be sure that in the next week Bitcoin will reach $70k as you predicted, that's too far in my opinion considering that Bitcoin's increase and decrease only occur in a few percent and what is possible in the next week seems like the price will be around $65k if it does increase.

On the other hand, I quite believe that in early 2025 there will likely be a pretty good increase, but usually the bullish phase will start two years or one year before entering the halving phase and that phase will occur in 2028, at the beginning of this year we just felt a pretty big profit with Bitcoin reaching its latest ATH with the halving scenario, meaning I quite believe that the real bullish phase will occur between early 2026/2027, but of course it is always recommended to collect as much as possible from now on.
We have less than a month until elections happen, and I believe we are going to see some results being a bit different and difficult to handle, what I can see right now is crypto being heavily invested into this elections. We are going to see price will go up after the elections. Look at 2020 and you will see what I am talking about, we moved up at Q4 after elections and even more during 2021, so this could be similar, we are going to see elections decided first then the price will start to slowly go up and we are going to get better results.

This may take a while but we are going to get great results with time and everyone will be happy about it, we just need to wait some more. Wait less than a month, see elections, no matter who wins the result will be crypto slowly starting to get up and start of next year the price will go up to new all time high peak which we will keep for a few more years. I believe accumulating is the best move right now.

Yes that's right and thank you for reminding me about it my friend, so of course it's a good opportunity for all of us here to be more enthusiastic in increasing our Bitcoin accumulation, I also seem to be slightly increasing my accumulation starting this week with the DCA method that I use. On the other hand, the highest price of Bitcoin was around $ 72k when Bitcoin reached its latest ATH earlier this year and now the price is around $ 63k, meaning that the general election does have the potential to affect the price at least up to the $ 70k price range, but I'm not sure if the price can break through the highest ATH earlier this year, but of course we all hope that the price can be higher.
sr. member
Activity: 784
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Daily sticks are showing bitcoin price will decrease. Bitcoin is difficult to get to $65000. It has to increase further a little than $65000 before it can get close to $70000 and above. I do not think this will happen anytime if bitcoin stay below $65800.

Predicting the move of bitcoin in the next few days can be viewed more as gambling rather than a prediction. Most of the people that predict bitcoin does it and picture the expected result far from the current days. The volatility nature of bitcoin can be so unpredictable and extremely volatile sometimes to make some big move to get to that prediction value but often times, they take their gradual time before reaching their points.

Since you dropped this post, they’ve been no significant move in the price of bitcoin and most of the things happening around it can just be around corrections and little impact of news. The direction of things have really changed and we can’t just make few predictions more and expect the market to go in that way anymore. They’re harder to predict that’s why I said it can be viewed more as gamble than a prediction now.
hero member
Activity: 2828
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Now Bitcoin is at $61k, and to be honest I can't be sure that in the next week Bitcoin will reach $70k as you predicted, that's too far in my opinion considering that Bitcoin's increase and decrease only occur in a few percent and what is possible in the next week seems like the price will be around $65k if it does increase.

On the other hand, I quite believe that in early 2025 there will likely be a pretty good increase, but usually the bullish phase will start two years or one year before entering the halving phase and that phase will occur in 2028, at the beginning of this year we just felt a pretty big profit with Bitcoin reaching its latest ATH with the halving scenario, meaning I quite believe that the real bullish phase will occur between early 2026/2027, but of course it is always recommended to collect as much as possible from now on.
We have less than a month until elections happen, and I believe we are going to see some results being a bit different and difficult to handle, what I can see right now is crypto being heavily invested into this elections. We are going to see price will go up after the elections. Look at 2020 and you will see what I am talking about, we moved up at Q4 after elections and even more during 2021, so this could be similar, we are going to see elections decided first then the price will start to slowly go up and we are going to get better results.

This may take a while but we are going to get great results with time and everyone will be happy about it, we just need to wait some more. Wait less than a month, see elections, no matter who wins the result will be crypto slowly starting to get up and start of next year the price will go up to new all time high peak which we will keep for a few more years. I believe accumulating is the best move right now.
hero member
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In the next few days in the month of October it seems history is likely to be in the red , but so far from what I have seen, it's held up well and just seems to be bouncing around in the range of 60K and 64K and if we can break this range before the month ends then the narrative side of a bearish month could change.

Uptober might not be happening anytime soon though.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
Now Bitcoin is at $61k, and to be honest I can't be sure that in the next week Bitcoin will reach $70k as you predicted, that's too far in my opinion considering that Bitcoin's increase and decrease only occur in a few percent
And it has reached $63k today but goes somewhere in between again to $62k. It's easy to say that it can be $70k soon but then, we can't be sure if it's going to happen. So, it's easy to say but hard to witness when we're seeing this type of volatility that it doesn't go that far from the current support that it has.

Yes, currently the price is still around $63k, and basically of course, however and whoever you are, we can only speculate about how much Bitcoin will cost in a week, a month or a year, that prediction is possible but it is unlikely to be truly accurate, and from what I see from today's trend chart I see that the price is now in the latest support area, and looking at the candlestick formation that has formed, it seems that in the near future there will be a reversal, but even if the price really goes up, it doesn't seem like it will be too far because the previous resistance was in the range of $66,500.

and what is possible in the next week seems like the price will be around $65k if it does increase.
This is very likely. We're on the weekend again and things might not that be active for now but when the next week enters, I guess that we'll experience some movements again and its volatility would reach back to $65k-$66k and what I like it more if BTC's support goes back to $66k and stays there for quite a while. Because with that, that's showing a strong support and $70k is at hand and it can come anytime soon, I hope we get into that situation the soonest.

From my experience and knowledge about how to analyze the market technically, I see that to reach a price of $65 - $66k which is its latest resistance point and next week it seems that it is possible if a reversal occurs in the current support area, but to reach a price of $70k I can't be sure or haven't found any indication of the formation of the current trend, and maybe we will only be able to see this indication if the price of Bitcoin next week breaks through the resistance area before which is at the price of $66k.
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"Bitcoin's price recently dropped as expected, driven by the great uncertainty surrounding the war in the Middle East. We hit a low of $59,000 in recent days, but the price has started to rise again. Ideally, Bitcoin should reach $68,500 and break upwards with strong trading volume. We also need to consider the state of the global economic environment, and keep an eye on the upcoming U.S. presidential elections. A month of uncertainty is ahead, not just for Bitcoin.
hero member
Activity: 3136
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Leading Crypto Sports Betting & Casino Platform
Now Bitcoin is at $61k, and to be honest I can't be sure that in the next week Bitcoin will reach $70k as you predicted, that's too far in my opinion considering that Bitcoin's increase and decrease only occur in a few percent
And it has reached $63k today but goes somewhere in between again to $62k. It's easy to say that it can be $70k soon but then, we can't be sure if it's going to happen. So, it's easy to say but hard to witness when we're seeing this type of volatility that it doesn't go that far from the current support that it has.

and what is possible in the next week seems like the price will be around $65k if it does increase.
This is very likely. We're on the weekend again and things might not that be active for now but when the next week enters, I guess that we'll experience some movements again and its volatility would reach back to $65k-$66k and what I like it more if BTC's support goes back to $66k and stays there for quite a while. Because with that, that's showing a strong support and $70k is at hand and it can come anytime soon, I hope we get into that situation the soonest.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
Daily sticks are showing bitcoin price will decrease. Bitcoin is difficult to get to $65000. It has to increase further a little than $65000 before it can get close to $70000 and above. I do not think this will happen anytime if bitcoin stay below $65800.
Bitcoin price are increasing slowly and we can expect $70,000 in the next few days a weeks. because bitcoin bull run is coming on. so in the bull run Bitcoin can hit more than $80,000 . so everyone expected bitcoin bull run will start the first quarter of 2025 . That's why most of the investor are investing on Bitcoin for long term by focusing for the bull run. so we have enough opportunity to get a good profit in the coming bull run because bull run is very near. after this bull run Bitcoin price will crash again. so do a great analysis for investing on Bitcoin

Now Bitcoin is at $61k, and to be honest I can't be sure that in the next week Bitcoin will reach $70k as you predicted, that's too far in my opinion considering that Bitcoin's increase and decrease only occur in a few percent and what is possible in the next week seems like the price will be around $65k if it does increase.

On the other hand, I quite believe that in early 2025 there will likely be a pretty good increase, but usually the bullish phase will start two years or one year before entering the halving phase and that phase will occur in 2028, at the beginning of this year we just felt a pretty big profit with Bitcoin reaching its latest ATH with the halving scenario, meaning I quite believe that the real bullish phase will occur between early 2026/2027, but of course it is always recommended to collect as much as possible from now on.
hero member
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Yes, that's what I mean, my friend, and that's what I've been doing all this time, in the sense that Bitcoin is more appropriate to be treated using DCA in long-term planning, because besides you won't be too affected by market fluctuations, you also have the potential to get maximum profit with this long-term method. On the other hand, I think we all know that Bitcoin always has the potential to be profitable in the long term, we can use historical data from the previous few years as evidence of how extraordinary the increase in this asset is, especially when it reaches a new ATH phase, and the requirement is to be patient and also consistent in allocating money in the long term, but of course basic knowledge must also be possessed.
We already saw what happened to Bitcoin in these few day. Bitcoin price still unstable and can move moves to any range. But that gives a good time for investor like us to accumulates more Bitcoin at any lower price that we see.

By using DCA methods, we will not affect to this volatility because we only focus on buying at a certain time. If the price is down, that will be good for us but if the price increases, that will not be a problem for us. We can continue what we do to accumulate more and more and patience with any situation we may face.

Bear period accumulation is the best one, but do not stop during bull period right away neither because we end up seeing more and more, sure you can stop when you feel you are nearing peak, but try to get more when you are dealing with what you already have, it will make it a lot better for you. I keep accumulating for years, before ı even consider selling, sometimes I do not even sell during that time and end up with a more accumulation.

This should be something we all deal with, and not really a big problem at all. We believe we are going to see this growing to a bigger price soon so accumulating right now isn't really a trouble, there will be a time when we can do all of this and not have any trouble at all, will make good profit if we accumulate right now. We have seen under 20k during last bear run, we should have been accumulating back then too, but this doesn't mean we are not going to make profit from what we have right now neither, because we will.
We agree that accumulation in the bear market will be good for investors because we can buy at a lower price and hold it for some time. But that will not be good for those who keep panic when they see the down of the price. They will not think to buy at that low price because they are afraid if the price still goes down.

Those who know what they must do in the bearish time will use the time to buy more and more. They see investment in Bitcoin can gives them a big profit so they already prepared from a long time before to accumulate for more.

And when the price still like today or down for more, we can use that moment to buy back. We may not see this moment when the price start increase. That will make us late to take action by buying more Bitcoin.
hero member
Activity: 1065
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Basically I say that Bitcoin is not the right place for you to treat the asset like other assets such as forex, you can indeed benefit from the up and down scenarios but it is very unlikely to get a big profit (unless your balance is equivalent to one Bitcoin), because we can see that in the short term the up and down of Bitcoin is only a few percent such as 5% - 15%, meaning this is an asset that is not right for scalping, and that is why many people say that if you want to get a big profit then you have to hold the amount you accumulate in the long term.

On the other hand, as a good investor, of course, you must have the right knowledge regarding how to execute the market at the right time and place, simply by knowing when is the right time to buy and when is the right time to sell, but if we talk about Bitcoin as the object, there will be a fairly long gap between the time to buy and the time to sell if you really want to get big profits, but on the other hand, of course, I will also advise anyone to always dedicate themselves to learning various correct market analysis strategies, but for Bitcoin, I think fundamental analysis is the most suitable.
That will not always right because if you use DCA method from a long time and you can collect many satoshis, you will see the profit will be bigger especially when Bitcoin price increase. You may remember when Bitcoin price is lower than $10k and then the price jump so high to more than $20k. That is a big profit, right?

The thing is you need to accumulate more and more for some specific time. But if you decide to trade Bitcoin, you may see a small profit but that will not be problem because you can make more profit and that means your profit will be bigger. This day, the price seems want to increase but the moves is slowly so it is not easy to analyze the market now.
Bear period accumulation is the best one, but do not stop during bull period right away neither because we end up seeing more and more, sure you can stop when you feel you are nearing peak, but try to get more when you are dealing with what you already have, it will make it a lot better for you. I keep accumulating for years, before ı even consider selling, sometimes I do not even sell during that time and end up with a more accumulation.

This should be something we all deal with, and not really a big problem at all. We believe we are going to see this growing to a bigger price soon so accumulating right now isn't really a trouble, there will be a time when we can do all of this and not have any trouble at all, will make good profit if we accumulate right now. We have seen under 20k during last bear run, we should have been accumulating back then too, but this doesn't mean we are not going to make profit from what we have right now neither, because we will.
If you would really be that going for long term then it would really be just that fine but if you are someone who do really likes on playing with the waves then it will really be that something recommended that you should really be that mindful about on the slightest movement whether it would be on dumping or pumping time on which you do need up to consider whether you should be buying more or selling out for profits.
We do know that it will really be that depending or basing up into someones capability on handling out market volatility on which we know that its never been simple or something that will really be that easy to be done. This is why outcomes or results is something that will really be that hard on this case. For the current price of Bitcoin on which people had started to predict that it will really be able to touch up 70k
soon basing up into its bullish momentum, but look at on where we are now? We are below once again on 59k and this is something that which is really that normal. So better expect the unexpected as always when it comes to this manner.
legendary
Activity: 2086
Merit: 1058
Basically I say that Bitcoin is not the right place for you to treat the asset like other assets such as forex, you can indeed benefit from the up and down scenarios but it is very unlikely to get a big profit (unless your balance is equivalent to one Bitcoin), because we can see that in the short term the up and down of Bitcoin is only a few percent such as 5% - 15%, meaning this is an asset that is not right for scalping, and that is why many people say that if you want to get a big profit then you have to hold the amount you accumulate in the long term.

On the other hand, as a good investor, of course, you must have the right knowledge regarding how to execute the market at the right time and place, simply by knowing when is the right time to buy and when is the right time to sell, but if we talk about Bitcoin as the object, there will be a fairly long gap between the time to buy and the time to sell if you really want to get big profits, but on the other hand, of course, I will also advise anyone to always dedicate themselves to learning various correct market analysis strategies, but for Bitcoin, I think fundamental analysis is the most suitable.
That will not always right because if you use DCA method from a long time and you can collect many satoshis, you will see the profit will be bigger especially when Bitcoin price increase. You may remember when Bitcoin price is lower than $10k and then the price jump so high to more than $20k. That is a big profit, right?

The thing is you need to accumulate more and more for some specific time. But if you decide to trade Bitcoin, you may see a small profit but that will not be problem because you can make more profit and that means your profit will be bigger. This day, the price seems want to increase but the moves is slowly so it is not easy to analyze the market now.
Bear period accumulation is the best one, but do not stop during bull period right away neither because we end up seeing more and more, sure you can stop when you feel you are nearing peak, but try to get more when you are dealing with what you already have, it will make it a lot better for you. I keep accumulating for years, before ı even consider selling, sometimes I do not even sell during that time and end up with a more accumulation.

This should be something we all deal with, and not really a big problem at all. We believe we are going to see this growing to a bigger price soon so accumulating right now isn't really a trouble, there will be a time when we can do all of this and not have any trouble at all, will make good profit if we accumulate right now. We have seen under 20k during last bear run, we should have been accumulating back then too, but this doesn't mean we are not going to make profit from what we have right now neither, because we will.
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