Why I choose Bitcoin (and you'll must choose it too) - page 2.

avp2306

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Quote from: DelskaV on September 03, 2023, 04:27:26 PM

Bitcoin's historical price:

Data speaks for itself. When you have any doubt about the "russian mountain", remember this post. Your welcome.

You shouldn't look at bitcoin just for that since there are so many good aspects where bitcoin is so good among any other else but its your choice so people will respect that. But us who know what's best we buy bitcoin and also other potential altcoins so that we can maximize our potential profit gained from trading or any investment related used. You should explore the market since aside from bitcoin there are more opportunity that we can earn just be resourceful.

blockman

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It's all about the cycle that we're always counting on. The data has proved the history and yes, those scenes can be identical to what is about to come.

Quote from: Rruchi man on September 04, 2023, 02:02:04 AM

The historic price of bitcoin is good to note, but when trying to convince a newbie, more reasons are needed.

For convincing, I'll simply show images like this with little explanation and I won't convince them. What they need to answer is why they are investing in bitcoin. And looking unto experienced people isn't really enough as that's relying to people for investing. I agree that there are more reasons that they need to know but it's up to them to discover if bitcoin is the type of asset they wanna invest.

moneystery

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historical data like this only shows the general price of bitcoin, even though bitcoin has now dropped significantly from its ATH price. Indeed, there is nothing wrong with seeing data like this, because the picture shows the price of bitcoin has indeed increased significantly, but buying bitcoin is not just like buying then you will make a profit, it is not that easy, there will be a risk that when you buy bitcoin today it will be the same tomorrow the price will drop, and a bitcoin holder should understand this.

that's very good if someone wants to invest in bitcoin, that means that bitcoin is an interesting asset for people to look at. However, if his mindset is still fixated on profit, in the end a person like this will be disappointed because he cannot get rich quickly as he expected.

someone who invests in bitcoin must be aware of the risk of volatility and not just fixate on data like this. they must be absolutely sure that they invest in bitcoin really because they want to invest and are aware of the risks, not just because they follow other people.

Luzin

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Quote from: sheenshane on September 03, 2023, 05:26:09 PM

You can see more predictions on the Speculation board similar to this.

I tend to agree with this since I'm a crypto enthusiast and everyone here does the same.
But a bull run will usually take effect 6 months or 1 year after the Bitcoin halving happens, do you agree with this?

But my question is, are you ready for the upcoming bull run? Have you already accumulated a large amount?

I've gone through two halvings and I'm preparing for it. The chart probably won't make you believe it because maybe they're beginners, but it can give you one proof it's happening. And it keeps repeating. So start preparing, with the red sauce you've bought to enjoy the green sauce after the halving. Many people really hope that this period, there are many possible options. I still believe in this period. So for people who don't believe don't you start please go and wait when the price has gone up. Many people regret it when prices have gone up and they say "why don't I buy when the sauce is still red?. LOL

Rruchi man

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Quote from: DelskaV on September 03, 2023, 04:27:26 PM

Bitcoin's historical price:

Data speaks for itself. When you have any doubt about the "russian mountain", remember this post. Your welcome.

It seems simple to you @OP, but your reason to choose bitcoin to a total newbie with no understanding of cryptocurrency is not enough.

This same reason can be used by someone who has already chosen to invest in an altcoin to convince a total newbie to cryptocurrency to choose a certain altcoin too, and they will be convinced, so it is not a sufficient reason to choose bitcoins.

The historic price of bitcoin is good to note, but when trying to convince a newbie, more reasons are needed.

fruktik

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Quote from: DelskaV on September 03, 2023, 04:27:26 PM

Bitcoin's historical price:

Data speaks for itself. When you have any doubt about the "russian mountain", remember this post. Your welcome.

And what did you learn from this knowledge of the schedule? There must be some concrete conclusions. Why do you need to know all this? Only investors or speculative players are interested in such knowledge. Do you treat them? If so, then you must have capital formed for this business.
In addition, for some reason the link does not open for me, but I understand its meaning. Correct her.

Outhue

sr. member

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Quote from: WillyAp on September 03, 2023, 04:42:54 PM

If you look to the press to get news you're pretty lost, I hope you know that.

Depending on what the press is feeding people, I checked the link out and it's clean, the information on that link is accurate so why are you saying if someone look the press to get news they are lost?

The first time I bought Bitcoin was in 2017 and I summoned my courage to hold because of the past Bitcoin price action, such things give encouragement, there is nothing wrong with looking at the past data history of Bitcoin.

We are all different, some people don't need proof to keep believing in Bitcoin, and as we head into the final battle of the bears, faith will be shaken, doubts will arise and only the strong will prevail, in these cold ❄️ times we can only hope for the best.

Cvetik56

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That's something that has been said hundreds of times if not thousands already. I think if you've been in crypto for years you don't need that stuff, you're already 100% sure in Bitcoin and don't need more proof.

Kaliandra

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I think the majority of people who join this forum are people who like bitcoin and altcoins and I personally also joined this forum because I invested in btc while continuing to explore crypto in this forum. so I think the people who are here are mostly people who invest in btc.

mk4

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No offense — but it's pretty dumb to be invested in an asset solely due to its historical price; especially if it's been up this much. Invest based on fundamentals and use-cases that are useful or can be useful in the future.

If I were to invest in an asset due to historical price, then pump and dump shitcoins would also fit that category.

franky1

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if your writing on a bitcoin forum that people should get into bitcoin. your already to late.. they are already here

Don Pedro Dinero

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I have to tell you, OP, that the argument for your choice of Bitcoin is a poor one. Only by price and only with a biased chart that doesn't go as far as today.

Price is all very well but it is a consequence of why you should buy bitcoin, and that is because of its characteristics that make it unique as a decentralised, autonomous system with limited and finite supply.

If you manage your bitcoin, they cannot seize them, or at least not as easily as they can seize your money from the bank. And if you want to send a good amount to another part of the planet, you can do it in ten minutes, without asking permission to send your money, without filling in forms or giving explanations.

BlackBoss_

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Quote from: Ever-young on September 03, 2023, 05:57:08 PM

The bitcoin halving date is not yet certain the exact time it will happen although most analysts expect have predicted when they expected it to happen and many have also agreed to the fact that it might not be that exact same date

Most Reliable Halving Countdown?

When time comes closer to a halving block, that is 630,000 + 210,000 = 840,000 (block height), halving date estimates will be more accurate.

Quote

Past halving event dates

The first halving event occurred on the 28th of November, 2012 (UTC) at block height 210,000
The second halving event occurred on the 9th of July, 2016 (UTC) at block height 420,000
The third halving event occurred on the 11th of May, 2020 (UTC) at block height 630,000

Quote

but it’s entirely not far from it maybe few months to then or weeks to when they predicted it to happen

A block halving estimate is useless if its estimate is weeks or months than actual halving date. Difference between estimate and real halving date is a few days would be acceptable inaccuracy of estimate.

Ever-young

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The bitcoin halving date is not yet certain the exact time it will happen although most analysts expect have predicted when they expected it to happen and many have also agreed to the fact that it might not be that exact same date, but it’s entirely not far from it maybe few months to then or weeks to when they predicted it to happen, this is also applicable to the bull run, it will not happen immediately after the halving, no one actually know the exact time that will happen as well, if it will take longer than what happen in the past or if history will repeat it self. But what is certain is that we are going to experience a bull run when is what we don’t know, and I also believe and agree with many that have commented before me that we are going to see the bull run but the time frame and the new ATH that will be added to the chart is what is not clear yet.

Asuspawer09

sr. member

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I can agree with it, plus we have the upcoming Butcojn halving so we could easily expect a lotof investors aregokng to get back on track here. Remembering the past Bitcoin halving this is a similar scenario market price is already going to skyrocket probably months before even the Bitcoin halving event we probably we could already expect 40k$ in the end of the year or either esrly next year.September was not a good month if i remember correctly in the past so i sont really expect any this momth. I dont really expect anything my only goal is the Bullrun and aiming for long term investment . In my opinion this is a better methos and dollar cost averaging. Most of the cruptocurrency is going to skyrocket so as long as you are going to sell on the Bullrun or just aiming for that it wouldnt really matter as long as your going to start accumulating today and only sell at the top.

sheenshane

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You can see more predictions on the Speculation board similar to this.

I tend to agree with this since I'm a crypto enthusiast and everyone here does the same.
But a bull run will usually take effect 6 months or 1 year after the Bitcoin halving happens, do you agree with this?

But my question is, are you ready for the upcoming bull run? Have you already accumulated a large amount?

DelskaV

newbie

Activity: 18

Merit: 0

Quote from: WillyAp on September 03, 2023, 04:42:54 PM

If you look to the press to get news you're pretty lost, I hope you know that.

It's a bitcoin's price graphic, not a press opinion.

WillyAp

member

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Looking for guilt best look first into a mirror

If you look to the press to get news you're pretty lost, I hope you know that.

DelskaV

newbie

Activity: 18

Merit: 0

Bitcoin's historical price:

https://www.forex.com/es-latam/-/media/research/global/2021/02/history-of-bitcoin_v2.png

Data speaks for itself. When you have any doubt about the "russian mountain", remember this post. Your welcome.

Topic: Why I choose Bitcoin (and you'll must choose it too) - page 2. (Read 327 times)