what now ? - page 4. | Bitcointalksearch.org

nara1892

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Quote from: dansus021 on February 01, 2023, 08:18:16 PM

No one know where the bottom are, it just like buying some shitcoin and hope it become one bitcoin oneday and the be honest 23-24K is very early and this might be a short term rally and you are not late at all Tongue

the bitcoin ATH is 60K+ which mean there plenty of room left

and when I look at the chart bitoin seems exhausted but the fundamental news is supporting the price that is why bitcoin price is up till this date

Because indeed we cannot predict the future that will occur, it is only limited to speculation that continues to be carried out until now which makes this also a little more interesting considering the risks we choose now have an effect on the future.
Right now it's still not that high and still a good buy regardless of whether the current hike is temporary or a good start to bull season something like this only time can tell.
Before getting to that level, we have to stay prepared and try to add as much load as we can.

Jody.Drummer

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Quote from: AbuBhakar on February 02, 2023, 08:48:28 AM

Quote from: Jody.Drummer on February 02, 2023, 06:41:00 AM

This depends on how our speculation is because if you look at it now there are still many who say that this is a bullish start and some say this is temporary.
But regardless I'm not going to do anything now other than wait and keep doing DCA like I've done before.
This is something that I will continue to do regardless of the current conditions, even if the initial bullish price is still very much worth it to continue buying.

You are contradicting your own statement. You are not doing anything now yet you are doing DCA and your doing it as regular basis. This is a very confusing statement as an opinion for the current movement of crypto. You are definitely doing buy despite the current market situation which is a good move if ypu are reallu doing it and not just for posting quota purposes only.

Looking at the long term chart, We are still at the bottom of the current cycle so it means that the price can still go low or pump then dump to create an Elliot wave cycle for the current crypto cycle. I don’t believe on straight up or down in chart. There’s always a correction in every crypto movement.

My point of not doing anything right now is not thinking much about whether this is a really bullish start or temporary. It needs to be underlined, that I'm just waiting while continuing to do DCA. I mean waiting here is waiting for Bitcoin to actually go up and not be temporary and even reach its ATH again. Because I invest not only for the short term, but I invest for the long term.

justdimin

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Quote from: Odusko on February 02, 2023, 08:43:10 AM

No one knows the bottom from the top, so whatever that it is comfortable for your you buy in, is ok.

This must be an exact scenario of every market because no one could predict the accurate reversal point of a market. The only thing we could do again market volatility is, keep buying at regular interval. That is the only thing, everyone must need to follow as of now and must continue regardless of bulls or bears dominate in coming days. Bitcoin is a fundamentally proven asset and keep doing DCA will help for anyone at every market condition in long term.

Bitcoin has been positive for more than 30 days and it may continue to remain positive for another 30 days and if you are a short term planner then you could trade with the strict stop-loss in this bull conditions because usually bull market is profitable for all traders.

AbuBhakar

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Quote from: Jody.Drummer on February 02, 2023, 06:41:00 AM

This depends on how our speculation is because if you look at it now there are still many who say that this is a bullish start and some say this is temporary.
But regardless I'm not going to do anything now other than wait and keep doing DCA like I've done before.
This is something that I will continue to do regardless of the current conditions, even if the initial bullish price is still very much worth it to continue buying.

You are contradicting your own statement. You are not doing anything now yet you are doing DCA and your doing it as regular basis. This is a very confusing statement as an opinion for the current movement of crypto. You are definitely doing buy despite the current market situation which is a good move if ypu are reallu doing it and not just for posting quota purposes only.

Looking at the long term chart, We are still at the bottom of the current cycle so it means that the price can still go low or pump then dump to create an Elliot wave cycle for the current crypto cycle. I don’t believe on straight up or down in chart. There’s always a correction in every crypto movement.

Odusko

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Quote from: btc78 on February 02, 2023, 12:33:57 AM

Quote from: cafter on January 31, 2023, 10:09:50 AM

Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

not only at the moment , it is bullish for almost a month now mate and if you are checking the market you'll not say this like that, and asking if you missed the bottom? for what? will it make difference if yes or no? if you don't wanna miss bigger then better to buy now and keep it holding , this is the problem with most of you as you only tries to look for chance to buy very low but this is not how crypto works mate, you need to trust and risk and willing to keep holding than just a random way of buy low sell high.

What we should know is that, any time you have the funds to buy bitcoin yoh don't need to check the DCA pruce since no one can predict the future price and that is why Bitcoin is referred to as a volatile investment and at that, anyone going into bitcoin should be certain to have patents to wait and take advantage of bitcoin price.
No one knows the bottom from the top, so whatever that it is comfortable for your you buy in, is ok.

Jody.Drummer

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This depends on how our speculation is because if you look at it now there are still many who say that this is a bullish start and some say this is temporary.
But regardless I'm not going to do anything now other than wait and keep doing DCA like I've done before.
This is something that I will continue to do regardless of the current conditions, even if the initial bullish price is still very much worth it to continue buying.

Lucius

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Quote from: Yaunfitda on February 01, 2023, 08:52:39 PM

~snip~
But if it OP bought at this price, just might be matter of months to see his investment double if we are going to continue with this bull run to $30k.

You see, this is the problem with most of those people who constantly read and listen to stories about how someone invested $10 or $100 and then became a millionaire, and today even 100% profit will not satisfy the majority of those who invest in Bitcoin. I would tell such people not to invest their money, but to keep it in banks that will surely give them very favorable interest rates on savings, or to save it under the mattress and watch it lose value year after year.

It's just a matter of risking or not - but as one famous character said "He Who Dares Wins" Wink

Dickiy

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Quote from: mk4 on January 31, 2023, 11:49:12 AM

Quote from: cafter on January 31, 2023, 10:09:50 AM

or I missed the bottom

If you were actually trying to time the bottom — why? Do you actually think you can pinpoint the exact moment bitcoin bottoms then reverses? You don't need to strive for perfection when making buys, because in the end no one knows crap.

that's right no one knows exactly where the bitcoin bottom is, everyone is also looking for it, even in the previous bearish phase also no one can really know the low point of bitcoin they just say what comes to their mind with an analytical style that ends in speculation or personal opinion.

Anyways today's bitcoin price hike was pretty good, and now it's up to $24k but back to a correction to $23.8 before continuing the rally I believe bitcoin could touch 200WMA this week if this kind of bullishness continues.

btc78

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Quote from: cafter on January 31, 2023, 10:09:50 AM

Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

not only at the moment , it is bullish for almost a month now mate and if you are checking the market you'll not say this like that, and asking if you missed the bottom? for what? will it make difference if yes or no? if you don't wanna miss bigger then better to buy now and keep it holding , this is the problem with most of you as you only tries to look for chance to buy very low but this is not how crypto works mate, you need to trust and risk and willing to keep holding than just a random way of buy low sell high.

adaseb

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Everything seems to be going up. Facebook had earnings out earlier and the stock is up 20% in the post market. Complete opposite of how it was -20% in the bad earnings they had. Bitcoin keeps inching higher and higher.

Will this stop? It might if something bad happens such as high unemployment numbers or some bad credit event like a big bank going bust. Which is still possible. Right now all the eyes are on the CPI and unemployment numbers which will tell us what the fed will do for FOMC next.

CryptoBuds

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Quote from: cafter on January 31, 2023, 10:09:50 AM

Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

This could be a short-term rally, not a sign of a bull market, but I think we bottomed last year, and you will really miss the bottom if you don't buy bitcoin at 16k. But at the current price, it is still a very good price for a long term investment because looking at the ATH of $69k means we would still have a huge profit if we buy bitcoin from this price. No one knows if bitcoin will fall again or continue to rise, so don't wait for bitcoin to drop but buy now, or you will regret more if bitcoin crosses $30k and makes a new ATH.

Yaunfitda

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Quote from: Lucius on February 01, 2023, 06:35:17 AM

Quote from: Yaunfitda on February 01, 2023, 03:27:49 AM

Well you might have missed the bottom at $15,500. But in any case still a goo price to invest, projection for the next bull run is 6 digits, $100k-$200k so you can still make a good profit if you invest right now.

The problem with all those who were waiting for the "bottom" is that various "experts" predicted $10k-12k, and the current price does not quite match what they expected, so many now have doubts like the OP. I can understand someone's hesitation if they want to invest a lot of money and maybe buy 0.5 BTC or more, but most of those who waited for the right moment invest several tens or hundreds of $ and actually will not save any significant amount in such calculations.

Right, it's really hard to time the bottom specially for those who are listening to this so called 'experts'.

When we reach $17,500, they said it's the bottom already, and then FTX fiasco surfaces pushing the price to $15,500. But if it OP bought at this price, just might be matter of months to see his investment double if we are going to continue with this bull run to $30k.

Again, not too late to invest for me as I'm looking at 6 digits as the next ATH.

dansus021

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No one know where the bottom are, it just like buying some shitcoin and hope it become one bitcoin oneday and the be honest 23-24K is very early and this might be a short term rally and you are not late at all Tongue

the bitcoin ATH is 60K+ which mean there plenty of room left

and when I look at the chart bitoin seems exhausted but the fundamental news is supporting the price that is why bitcoin price is up till this date

Silberman

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Quote from: cafter on January 31, 2023, 10:09:50 AM

Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

Even if you missed the bottom I do not think it really matters, the goal of an investor or a trader should be to obtain profits, even a trader which obtained a single dollar of profit for the whole year would be doing better than most traders out there, so instead of thinking about the bottom concentrate on whether or not is a good idea to buy bitcoin now, and at least to me it is quite obvious this is the case, so do not miss the opportunity to buy for a price below 30k.

karabiber

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Quote from: cafter on January 31, 2023, 10:09:50 AM

Bitcoin is very bullish at the moment ,
what you guys think

The Fed raised the interest rate to 4.75% and signaled that it would continue to increase interest rates. FED decisions have had an impact on BTC in the last year. Bitcoin is currently on the rise BTC>23k.
I think it is highly likely to be a mini bull rally as in 2019. I don't think you missed the bottom. If you are going to invest for a long time i can tell you to buy it regardless of the price. But you must make the final decision.

Bitcoin surged 40% in January and had its best first month of the year since 2013. Finally, i can say that BTC 19k region will be the bottom and a mini rally will be made from here in February.

fullhdpixel

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Quote from: Wiwo on February 01, 2023, 12:40:19 PM

We may see further low price of below 16k as we hard last year, and the present bitcoin price may not be the least starting point as no one know the exact price of the pick or the low the price of Bitcoin will be, there are no accurate time stamp price predictions ever in bitcoin history so at that the highest we can do is to speculate the price using some indices such as.
*Present market outlook, and the level of price recovery and what present of positive market price chat.
*the news surrounding the market that pushes for an increase in price such as the current Binance Brazil bitcoin ATM card news that has been trending lately.

Past is past as they say and I believe on that. Then many people are also bullish right now so the $16k that you assuming there might be hard to get. I do not know if what do you mean by "least starting point" is it the price point where the bull run will start?

But, I think it's too early yet for the bull run and like the others, I also expect that it will take place next year so, $23k isn't the starting point for it but it will still grow more which is great so that we can attain a bigger and more stable bull run. Most of us are only speculating here but there's a chance that we can make our prediction close to our target if we will use those factors that you listed there.

Wiwo

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We may see further low price of below 16k as we hard last year, and the present bitcoin price may not be the least starting point as no one know the exact price of the pick or the low the price of Bitcoin will be, there are no accurate time stamp price predictions ever in bitcoin history so at that the highest we can do is to speculate the price using some indices such as.
*Present market outlook, and the level of price recovery and what present of positive market price chat.
*the news surrounding the market that pushes for an increase in price such as the current Binance Brazil bitcoin ATM card news that has been trending lately.

Jating

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Quote from: Nrcewker on February 01, 2023, 11:35:10 AM

Quote from: cafter on January 31, 2023, 10:09:50 AM

Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

Bitcoins are in the range of 23k usd for more than a week now. So yes it will be really hard to claim that if it is the beginning of the bull market. I am not saying that this is a short term rally, but yes this is some sort of relief for the Bitcoin holders. Regarding the bottom, yes OP you have missed it. Bitcoins won’t fall below 16k usd at least for now. Many people like you already missed the best price to buy Bitcoins. So don’t think more and buy BTC at current price. If BTC continues this pace, then definitely after 1 month you will see good profit.

It's been hovering around that price range for about a week now and it seems we can't get over to the next phase at $24k and beyond. So hard to say if we are still in the bullish momentum or there are more sellers to take short profits because of this recent run.

But it's hard to wait specially if we are waiting for it to go down and even think of another lowest low for this year.

So as not to missed, the best way for the OP is to buy whether this is the beginning or bull market or just short term rally, you can never go wrong with continuing to accumulate.

pooya87

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So far what we had was mostly a "reverse-correction" to pop a "reverse-bubble" (bitcoin was undervalued). This can be the first step of the new cycle where we see a long lasting bull run. Considering last year was filled with crashes and the previous cycle was left incomplete we already have an accumulated demand waiting to enter the market too.

But the price is still going to be affected by the ongoing recessions in many countries and that may make the bull run slightly harder. I say slightly because already most of the weak hands and the "penniless investors" have sold and left the market.

Nrcewker

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Quote from: cafter on January 31, 2023, 10:09:50 AM

Bitcoin is very bullish at the moment ,
what you guys think , it's a short term rally or beginning of bull market
or I missed the bottom
i am something less active so ,
Want some updates

Bitcoins are in the range of 23k usd for more than a week now. So yes it will be really hard to claim that if it is the beginning of the bull market. I am not saying that this is a short term rally, but yes this is some sort of relief for the Bitcoin holders. Regarding the bottom, yes OP you have missed it. Bitcoins won’t fall below 16k usd at least for now. Many people like you already missed the best price to buy Bitcoins. So don’t think more and buy BTC at current price. If BTC continues this pace, then definitely after 1 month you will see good profit.

Topic: what now ? - page 4. (Read 660 times)