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Topic: Why Is Bitcoin Price Increasing? (Read 1582 times)

full member
Activity: 1148
Merit: 158
★Bitvest.io★ Play Plinko or Invest!
December 26, 2023, 09:01:18 AM
Clever investors are going to buy when bitcoin's being dumped because they'll anticipate low bottom price's about to come. If investors buy at lowest prices to hodl they'll be repeating the system they've used before because they know it works. The investors who'll do it know what they're doing they don't see it as a risk.

wrong , there are people that wanted to buy when the price is dumping and those are
the investors that knows what they are doing.

Thats because strategic investors often capitalize on market downturns, anticipating the potential for future gains when buying assets at lower prices. This approach reflects their confidence in the market's cyclical nature and their ability to navigate it effectively. Smiley
jr. member
Activity: 91
Merit: 1
December 26, 2023, 06:46:31 AM
...When the price of Bitcoin was $15000 people who bought it now must be in triple profit we can say without calculation. People have got so much profit in a short period of time, so if they invest for long term they can definitely earn more profit. So long term investment is most profitable than short term investment and people can earn huge amount of money from it.
Did you take into the account those who had purchased it for 69K?
sr. member
Activity: 658
Merit: 321
I like to treat everyone as a friend 🔹
December 25, 2023, 01:37:48 PM
Quote
Look for long term investment in Bitcoin and it you could be good in my opinion. Just like last year, if we pull the trigger and bought at $15,500 last year, then looking at the price today, more than 150% profit? That is already huge.
We know Bitcoin is one of the most trusted long-term investments an investor can make. So we always plan to invest for long term with high returns and hold for future, it is the best investment. When the price of Bitcoin was $15000 people who bought it now must be in triple profit we can say without calculation. People have got so much profit in a short period of time, so if they invest for long term they can definitely earn more profit. So long term investment is most profitable than short term investment and people can earn huge amount of money from it.
sr. member
Activity: 756
Merit: 454
December 25, 2023, 12:52:21 PM
Why Is Bitcoin Price Increasing?

Because it's an increasing asset.

We talk about the increase of Bitcoin price and we forget that it has a way of not staying at a particular price, for a very long while we have been seeing Bitcoin price struggling to surpass a certain amount each time it goes up every month and this month of December it has been finding it hard to get past $45k. And the question of why is the price always going down whenever it goes up?  It's an increasing asset but why go down whenever investors or traders expect it to go up?
full member
Activity: 2520
Merit: 204
December 25, 2023, 08:25:32 AM
Clever investors are going to buy when bitcoin's being dumped because they'll anticipate low bottom price's about to come. If investors buy at lowest prices to hodl they'll be repeating the system they've used before because they know it works. The investors who'll do it know what they're doing they don't see it as a risk.

wrong , there are people that wanted to buy when the price is dumping and those are
the investors that knows what they are doing.
Exactly my point here mate , they are taking the risk no matter what though
they don't see it as risk yet this is risky in emergency situation that you badly need that money
and the price go sideways.
Actually I understand this mate as i am also doing this sometimes(but of
course only small part of my holdings) because like what you said i am repeating this over and
over to make that amount increases its price continuously .
full member
Activity: 896
Merit: 193
web developer for hire
December 24, 2023, 06:56:06 PM
Looking through history it does show bitcoin's price bounce after it's dropped. Sometimes it bounced back early but it hasn't reached near ATH. I don't know why ppl believe it's always going up when we don't know if EFT ruling's going to bring the price down to low prices again.

If we look back through history, we tend to see bitcoin's price bounce back after it drops for a while.  I think this happens partly because there's only so much bitcoin available, making it something people trust when economies seem uncertain.

But that doesn't automatically mean bitcoins price will keep going up again.  There's always the chance it keeps going down instead, so people buying at the bottom might end up losing money rather than gaining any.
full member
Activity: 1008
Merit: 139
★Bitvest.io★ Play Plinko or Invest!
December 23, 2023, 08:24:29 PM
Clever investors are going to buy when bitcoin's being dumped because they'll anticipate low bottom price's about to come. If investors buy at lowest prices to hodl they'll be repeating the system they've used before because they know it works. The investors who'll do it know what they're doing they don't see it as a risk.

If we look back through history, we tend to see bitcoin's price bounce back after it drops for a while.  I think this happens partly because there's only so much bitcoin available, making it something people trust when economies seem uncertain.

But that doesn't automatically mean bitcoins price will keep going up again.  There's always the chance it keeps going down instead, so people buying at the bottom might end up losing money rather than gaining any.
full member
Activity: 896
Merit: 193
web developer for hire
December 23, 2023, 08:18:51 PM
Clever investors are going to buy when bitcoin's being dumped because they'll anticipate low bottom price's about to come. If investors buy at lowest prices to hodl they'll be repeating the system they've used before because they know it works. The investors who'll do it know what they're doing they don't see it as a risk.

wrong , there are people that wanted to buy when the price is dumping and those are
the investors that knows what they are doing.
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
December 23, 2023, 09:52:57 AM
Why Is Bitcoin Price Increasing?

Because it's an increasing asset.
sr. member
Activity: 1022
Merit: 363
December 23, 2023, 08:31:55 AM
Could it be that the price will shoot up to previous ATH before diving again back to the same level due to volatility?

It depends on the demand created by hype at certain point since if there's usual good news that can convince a lot of people to buy and then hold then we could provably see some good price insight and it maybe can surpass its past ATH price. Although there's less chance that it could happen but knowing bitcoin have surprise factor to the people who hold then everything about it is really so promising. Also for sure there's a lot of people will get hype on situation especially when they see that the price of keeps pumping so provably this will be the starting point for people to accumulate and save up for future usage.

How long is this term?
Nobody knows on when but lets keep hope we can see this in short period of time.
full member
Activity: 2520
Merit: 204
December 23, 2023, 08:13:41 AM

I don't know what you mean by very careful though, the price is going up we can understand that, but still it's a good price to enter as we all know that next year we will be having a great run, reaching new all time high. Maybe in the 6 digits are most of us predicted.
Could it be that the price will shoot up to previous ATH before diving again back to the same level due to volatility?

Quote

Look for long term investment in Bitcoin and it you could be good in my opinion. Just like last year, if we pull the trigger and bought at $15,500 last year, then looking at the price today, more than 150% profit? That is already huge.
How long is this term?
but this is not coming this year at least? breaking the ATH is seems to be impossible
to happen and I think that ATh will come directly and will record another one after the Halving and t
his boost is just effect of the recent news and of course the yeah cycle in the last quarters showing
strong market.
If ppl see the price's increased they'll try to buy but it's volatile so the price could be reduced after they've paid to buy. Triggering at the right time to sell or buy isn't easy. The next halving's going to bring more investors to bitcoin but FOMO isn't a solution which helps crypto.

So, you should be very quick with the trigger if you want to get in at the right time. I believe we have a very short window of opportunity right now and if we are late then we may still profit but a lot less because we got in too late. So, we should be making some money when we have the time, and it could definitely be something that would worth a lot of money and time as well, we need to make it work in order to keep it growing even bigger than this.
wrong , there are people that wanted to buy when the price is dumping and those are
the investors that knows what they are doing.
sr. member
Activity: 1344
Merit: 459
Vave.com - Crypto Casino
December 23, 2023, 07:03:22 AM
Unexpected things often happen every year in the market and this cannot be denied by everyone but they continue to witness it and feel it with pleasure. From before, everyone has also seen that halving always has a greater incentive to mobilize many people into the market so that price fluctuations in the market can continue to occur, especially in Bitcoin.
Bitcoin halving many positive impact with increasing transaction volume and many people into the market for investing in bitcoin or altcoin, have positive viewed with bitcoin keep increasing exactly when few months left before halving due high traffic of investor come to the market and invest in bitcoin. Have been usual habit with many investor come to the market when close with halving because they want to earn profitable with short term without long term holding with their assets.

But don't prepare with bitcoin correction although have good moment with many people come to the market not guarantee bitcoin keep increasing up, be realistic with target profitable earn when investing in bitcoin.
jr. member
Activity: 91
Merit: 1
December 23, 2023, 06:31:33 AM

I don't know what you mean by very careful though, the price is going up we can understand that, but still it's a good price to enter as we all know that next year we will be having a great run, reaching new all time high. Maybe in the 6 digits are most of us predicted.
Could it be that the price will shoot up to previous ATH before diving again back to the same level due to volatility?

Quote

Look for long term investment in Bitcoin and it you could be good in my opinion. Just like last year, if we pull the trigger and bought at $15,500 last year, then looking at the price today, more than 150% profit? That is already huge.
How long is this term?
legendary
Activity: 3080
Merit: 1353
December 23, 2023, 06:10:00 AM
Right now, should be a good time to realize that if you really want to buy bitcoin then you should be careful about it, otherwise you are not going to get anything done and it will be much worse of you if you are not careful about it. I get that some people will want to make it work as much as they possibly could, but that doesn't mean that it will be enough. Bitcoin is something that gains momentum very quickly, when it goes up, it doesn't take years for it to go up, like how it takes years for it to go down.

I don't know what you mean by very careful though, the price is going up we can understand that, but still it's a good price to enter as we all know that next year we will be having a great run, reaching new all time high. Maybe in the 6 digits are most of us predicted.

So, you should be very quick with the trigger if you want to get in at the right time. I believe we have a very short window of opportunity right now and if we are late then we may still profit but a lot less because we got in too late. So, we should be making some money when we have the time, and it could definitely be something that would worth a lot of money and time as well, we need to make it work in order to keep it growing even bigger than this.

Look for long term investment in Bitcoin and it you could be good in my opinion. Just like last year, if we pull the trigger and bought at $15,500 last year, then looking at the price today, more than 150% profit? That is already huge.
hero member
Activity: 1050
Merit: 844
December 22, 2023, 07:18:30 PM
The price is increasing, yes, and the Halving is approaching. I think what we really need to think about is how big the correction will be. Because this is a very important issue for those who have not completed their investment or want to increase their investment amount. None of us know when or if this correction will occur, but it may make sense to act on this possibility.
It is indeed very reasonable to take any action as an initial preparation regarding the possibility of a correction and also an increase in prices after it occurs. Because the halving moment is always welcomed by everyone and everyone always has high hopes for an increase in prices after the halving occurs, so it clearly makes sense to continue acting from now on.

Quote
Unexpected events often occur in the market. We do not know if such an event will occur in the future, but it is obvious that expectations will increase as the Halving approaches.
Unexpected things often happen every year in the market and this cannot be denied by everyone but they continue to witness it and feel it with pleasure. From before, everyone has also seen that halving always has a greater incentive to mobilize many people into the market so that price fluctuations in the market can continue to occur, especially in Bitcoin.
full member
Activity: 896
Merit: 193
web developer for hire
December 22, 2023, 05:28:05 PM
If ppl see the price's increased they'll try to buy but it's volatile so the price could be reduced after they've paid to buy. Triggering at the right time to sell or buy isn't easy. The next halving's going to bring more investors to bitcoin but FOMO isn't a solution which helps crypto.

So, you should be very quick with the trigger if you want to get in at the right time. I believe we have a very short window of opportunity right now and if we are late then we may still profit but a lot less because we got in too late. So, we should be making some money when we have the time, and it could definitely be something that would worth a lot of money and time as well, we need to make it work in order to keep it growing even bigger than this.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
December 22, 2023, 12:28:22 PM
Right now, should be a good time to realize that if you really want to buy bitcoin then you should be careful about it, otherwise you are not going to get anything done and it will be much worse of you if you are not careful about it. I get that some people will want to make it work as much as they possibly could, but that doesn't mean that it will be enough. Bitcoin is something that gains momentum very quickly, when it goes up, it doesn't take years for it to go up, like how it takes years for it to go down.

So, you should be very quick with the trigger if you want to get in at the right time. I believe we have a very short window of opportunity right now and if we are late then we may still profit but a lot less because we got in too late. So, we should be making some money when we have the time, and it could definitely be something that would worth a lot of money and time as well, we need to make it work in order to keep it growing even bigger than this.
full member
Activity: 896
Merit: 193
web developer for hire
December 21, 2023, 09:44:10 PM
There's another prospect. Newbies to the forum don't have to be newbies to trading. I'd say ppl don't normally talk about failing before they've managed success but it isn't to conceal their past. They've been members here long so they're posting about other topics they've evolved after making their unsuccessful trades.

Probably those people who have been on this forum for a long time do have more experience trading cryptocurrency than newbies. But usually this experience is not only accumulated from successful trades. People just don't talk about how many times they lost their deposit before becoming more successful.
full member
Activity: 406
Merit: 188
December 21, 2023, 11:58:51 AM
today bitcoin price down, but in long time still uptrend and incrase price again
becuase next year 2024 bitcoin halving momentum bitcoin demand incrase high , so bitcoin price incraese too
Halving momentum is always marked by price corrections from the bottom up as is happening now, but I also cannot predict what percentage of price correction will occur when the time starts to get too close to the halving. Because next year is getting closer and soon we will all leave this year with some pretty sweet memories.

the price is now very dynamic, it very often happens before major holidays and, of course, there is a rush for the next halving since it is approximately this spring and many expect explosive growth, which is why they are buying now. But since the market is very unpredictable, it is too early to draw conclusions whether this trend will hold until spring.
Trends like this could last until next spring although it seems too early to judge this now on Bitcoin and the market. Because when there are many people who hope for very good price growth in Bitcoin and continue to buy according to their respective abilities from now on, of course this will be the main effect that will make the trend always last better in the market.

The price is increasing, yes, and the Halving is approaching. I think what we really need to think about is how big the correction will be. Because this is a very important issue for those who have not completed their investment or want to increase their investment amount. None of us know when or if this correction will occur, but it may make sense to act on this possibility.

Unexpected events often occur in the market. We do not know if such an event will occur in the future, but it is obvious that expectations will increase as the Halving approaches.
hero member
Activity: 1050
Merit: 844
December 21, 2023, 10:21:59 AM
today bitcoin price down, but in long time still uptrend and incrase price again
becuase next year 2024 bitcoin halving momentum bitcoin demand incrase high , so bitcoin price incraese too
Halving momentum is always marked by price corrections from the bottom up as is happening now, but I also cannot predict what percentage of price correction will occur when the time starts to get too close to the halving. Because next year is getting closer and soon we will all leave this year with some pretty sweet memories.

the price is now very dynamic, it very often happens before major holidays and, of course, there is a rush for the next halving since it is approximately this spring and many expect explosive growth, which is why they are buying now. But since the market is very unpredictable, it is too early to draw conclusions whether this trend will hold until spring.
Trends like this could last until next spring although it seems too early to judge this now on Bitcoin and the market. Because when there are many people who hope for very good price growth in Bitcoin and continue to buy according to their respective abilities from now on, of course this will be the main effect that will make the trend always last better in the market.
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