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Topic: will bitcoin continue to rise - page 6. (Read 1485 times)

sr. member
Activity: 1484
Merit: 254
April 09, 2023, 01:20:22 AM
I'm sure bitcoin will continue to rise because it's getting more popular, now almost all economic news sites or tv always report the latest news about cryptocurrencies, and bitcoin is the biggest concern because it's the first, the number of users who continue to increase makes the need also increase so that the price will continue to rise .
sr. member
Activity: 1119
Merit: 206
20BET - Premium Casino & Sportsbook
April 08, 2023, 09:19:00 AM
hello, all my friends... now the price of bitcoin has increased quite a lot... and now bitcoin is in the range of 27000.
but I want to ask do you think the price of bitcoin will continue to rise until it reaches 50000 or not... ?I want to hear it from all of you...
and if I sell my bitcoin now I'm afraid the price of bitcoin will fly even higher... I want to hear your opinion...?
It is very difficult to predict whether the current rise in bitcoin prices will continue or be temporary. However, if you want to sell your bitcoins it depends on your decision. If the current price is profitable for you, it's better to sell because we don't know how far the price movement in the future will go, whether it will be corrected again or not.
hero member
Activity: 1022
Merit: 600
April 07, 2023, 12:30:04 PM
If you are holding real bitcoins and not contracts from leverage trading, why not just hold your bitcoins long term? But if you are feeling 50/50 and uneasy, you can sell half of your holdings. Or you can even sell your capital and HOLD your profit. I am sure you will be feeling relieved of the stress if your capital is already safe from possible losses.

$50k is possible but I won't bet that it happens this year. Next year and 2025 are the earliest times I am confident that bitcoin won't just reach $50k but $100k or even more.

Why are we being bothered and so much panicking about the short term price volatility of Bitcoin when we have long way to go , the short term pumps and dumps, which are basically to me market pull backs, if we have proper understanding of the market behavior, They are just healthy for the entire market to continue in its rise towards the up side because this is the nature and how the market works.

When we talk about HODLing , this is not just a mere word, it comes with tempting your emotions to pressure you to sell your Bitcoin along the line with its price volatility, we need focus on our long term goal, forget about the dumps and not put our mind towards what Bitcoin will do next, because Bitcoin does what it wants to do at any given time without anyone's permission.
legendary
Activity: 1722
Merit: 2213
April 07, 2023, 11:52:59 AM
but I want to ask do you think the price of bitcoin will continue to rise until it reaches 50000 or not... ?I want to hear it from all of you...

I posted a topic about the reality that this remains possible based on the 2019 reversal, which currently most people (65%) who voted in that poll at the time thought it was possible (even if not necessarily that likely).

Ultimately a lot of it will come down to whether $30K is reclaimed as new support or becomes new resistance, as this will act as the sort of secondary confirmation for further upside after $25K was broken.

and if I sell my bitcoin now I'm afraid the price of bitcoin will fly even higher... I want to hear your opinion...?

You could sell now and price drops in half, or not sell and price double in value. Generally speaking, this means it's probably not a good time to sell. Even if price going to $50K wasn't more likely than dropping to $14K (which it is at least in my opinion), then say it were 50/50 that price reaches $14K or $50K and is currently at $28K then it's probably the worst time to be selling imo. Also consider, if price dropped to $14K from here, can you honestly say you'd be buying back twice as much Bitcoin at this price, if you sold at $28K? Personally I don't think so. It'd be a lot easier to be selling at $50K in 2021 and buying back at $25K for example.

There was an argument for selling back at $25K last year when price was rejected by the 200 Week MA, but now it has reclaimed it, that argument doesn't really stand anymore imo.
full member
Activity: 443
Merit: 110
April 07, 2023, 10:39:03 AM
If you are holding real bitcoins and not contracts from leverage trading, why not just hold your bitcoins long term? But if you are feeling 50/50 and uneasy, you can sell half of your holdings. Or you can even sell your capital and HOLD your profit. I am sure you will be feeling relieved of the stress if your capital is already safe from possible losses.

$50k is possible but I won't bet that it happens this year. Next year and 2025 are the earliest times I am confident that bitcoin won't just reach $50k but $100k or even more.
in this short amount of time i don't expect much that it will rise too much, but if you'll ask me whether it will rise or not, then yes it will rise, it's just that I didn't know or nobody knows how much it will rise but surely it will.

i also agree with your logic to sell of the capital just to be sure and hold the profits. as  a matter of fact I tried doing that years ago only to end up regretting my decision as to why i decided to sell my capital and in the end my profit earned profit but it hits differently if I didn't sold my capital. maybe it's just me being greedy about profits and just trying to console my self by thinking "it's okay, a profit is still a profit no matter how small it is, and atleast my initial capital was secured". that's just an example from me, and not that I'm pricking your conscience but you have to decide which path you will go, either holding or selling off some of your profits coz IMO it is already sure that bitcoin will rise not unless there's some major catastrophe happening and the only thing that remains a mystery is when will it rise, but the important thing is it will rise.
full member
Activity: 2590
Merit: 228
April 07, 2023, 12:41:21 AM
hello, all my friends... now the price of bitcoin has increased quite a lot... and now bitcoin is in the range of 27000.
but I want to ask do you think the price of bitcoin will continue to rise until it reaches 50000 or not... ?I want to hear it from all of you...
and if I sell my bitcoin now I'm afraid the price of bitcoin will fly even higher... I want to hear your opinion...?
how long are you planning ? can you manage to keep holding? or you are just wanting to earn easier ? I mean the price you wanted to reach is just by easy money?
50k is just peanut if you can wait till Halving because bitcoin seems to be hitting even double of that.
but for now? let it sit for a while and keep holding till then.
hero member
Activity: 1862
Merit: 601
The Martian Child
April 07, 2023, 12:20:46 AM
If you are holding real bitcoins and not contracts from leverage trading, why not just hold your bitcoins long term? But if you are feeling 50/50 and uneasy, you can sell half of your holdings. Or you can even sell your capital and HOLD your profit. I am sure you will be feeling relieved of the stress if your capital is already safe from possible losses.

$50k is possible but I won't bet that it happens this year. Next year and 2025 are the earliest times I am confident that bitcoin won't just reach $50k but $100k or even more.
hero member
Activity: 1414
Merit: 542
April 06, 2023, 11:47:53 PM
We are in the midst of an echo bubble.  We will continue to pump, but will not see ATH this year.  My cost basis is at $47k because this is strong resistant point for btc and I’m sure that we won’t pump above that.  Believe me, I’ve been bag holding for a while now and there is zero chance I get to sell for a profit this year…

Thanks, I haven't heard echo bubble though, lol, care to explain it further? And I do agree, we won't see any ATH for this year, it's too early to see the price getting over the $69k range. And most likely we might see the price just above $40k this 2023.

But it is good though, just last year in November, we've seen the lower lows. But now this year, it's every different, we have this sort of run that every one talks about as if we are in the bull run like 2021 but we are not. So it's better to just continue to accumulate bitcoin as much as we can.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
April 06, 2023, 11:15:57 PM
hello, all my friends... now the price of bitcoin has increased quite a lot... and now bitcoin is in the range of 27000.
but I want to ask do you think the price of bitcoin will continue to rise until it reaches 50000 or not... ?I want to hear it from all of you...
and if I sell my bitcoin now I'm afraid the price of bitcoin will fly even higher... I want to hear your opinion...?
When you said you are afraid of price will fly even higher then you are wrong because you may be new in this market but trach back from years mate and you will see how much bitcoin ever had from the beginning more than 10 years ago.

but if you are asking about if bitcoin can take 50k?bitcoin ever had crossed almost 70k so why asking this ?
you are not someone who truly understand how the crypto and other market goes .
full member
Activity: 994
Merit: 101
April 06, 2023, 11:05:39 PM
The bitcoin trend often repeats itself so when last year's market dropped, this year will improve and continue to rise, with this fact, I don't hesitate to buy more so I can get big profits, if I don't buy now, of course I will regret it.
sr. member
Activity: 2296
Merit: 348
April 05, 2023, 10:42:16 AM
It will. Bitcoin has increased over time since its creation, and even though there are times when it goes down, like 2018 and 2022 for example, we always end up going back up again and that's what we are going to see again this time around. It is quite important to realize how important bitcoin is and how it always goes back up, because if you lack the sight to see that, then I am afraid it is going to hurt you eventually. You are going to miss out on a great chance to make a profit.

I hope that it gets better eventually, that's an important part of bitcoin, to go up in price and we are doing fine so far but we need to go up a bit more to convince a lot more people, like 30k+ range would be enough.
sr. member
Activity: 1428
Merit: 252
April 05, 2023, 10:36:37 AM
For the long term, of course, bitcoin will continue to rise, demand in the market that continues to grow makes Bitcoin will become a very expensive asset in the future, for those of us who want to profit big then don't just look, immediately make the wallet and immediately buy Bitcoin so that when the price goes up then we get profit.
hero member
Activity: 1498
Merit: 502
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
April 03, 2023, 10:05:26 AM
We are in the midst of an echo bubble.  We will continue to pump, but will not see ATH this year.  My cost basis is at $47k because this is strong resistant point for btc and I’m sure that we won’t pump above that.  Believe me, I’ve been bag holding for a while now and there is zero chance I get to sell for a profit this year…
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
April 03, 2023, 06:39:45 AM
Why you are selling your bitcoin? I think you will have profit from it therefore you want to sell it but I think you should wait more because bitcoin is that coin which will increase in price year by year. Although there is sometime hard to decide whether to hold or sell it but bitcoin will never reduce the worth of your money.

We does not know that what will be the price of bitcoin in next hours but we hope that sometime its price will boost more than this. 50000 is somewhat difficult but is not impossible and it will happens one day.

I think you should wait 2 or 3 years more for the enhancement of your profit.  Now the price is above from 28k$ therefore its assumed that the price will cross 30k$ very soon.
legendary
Activity: 3080
Merit: 1353
April 03, 2023, 05:18:36 AM
There is no doubt that the potential for bitcoin to continue to rise is greater than to fall, especially since the price is getting closer to $ 30k, there will be a bull run if the price can touch $ 30k, as an investor I think dividing assets into 2 forms is the best thing, for example 50% which we save it on spot exchanges for daily or weekly trading and 50% we keep it in a private wallet which we target for long term investment.

Too big to fall? but we shouldn't be that confident though, yeah, we have been in some bull run and meteoric rise since January. But still though, there are a lot of things that can happen in the next coming months.

We just have to be very careful and take advantage of any situation that comes along. If the price keeps going up, then we should hold on our precious Bitcoin. And if the price goes on a correction, then buy that dip and accumulate.
sr. member
Activity: 1792
Merit: 255
April 03, 2023, 12:00:42 AM
There is no doubt that the potential for bitcoin to continue to rise is greater than to fall, especially since the price is getting closer to $ 30k, there will be a bull run if the price can touch $ 30k, as an investor I think dividing assets into 2 forms is the best thing, for example 50% which we save it on spot exchanges for daily or weekly trading and 50% we keep it in a private wallet which we target for long term investment.
full member
Activity: 1162
Merit: 106
March 31, 2023, 04:20:42 AM
Of course bitcoin sometimes goes down, mid-march I'm optimistic that the price in March can reach at least $ 30k, unfortunately the market is declining and today it fell again by about 3% to $ 27600, hopefully in early April the market can rise again and reach $ 30k.
full member
Activity: 812
Merit: 108
March 28, 2023, 11:22:36 AM
it is difficult to predict the value of bitcoin rise or down but there is something special in the nature of bitcoin that is deflationary and it will increase over time.  Short-term correction or FUD will not lose its structure.  I believe we are in a good position for a recovery and the uptrend starts, that is when we beat the bears at 15k and $30k now is an important threshold to decide the trend  next.
sr. member
Activity: 1526
Merit: 255
March 28, 2023, 04:11:15 AM
I think the opportunity for bitcoin for Rise is greater than Fall, today the price rises again after about 4 days red, this shows that Bitcoin still has the opportunity to touch $ 30k at the end of March, if the price of $ 30k can be achieved then I'm sure the April Market will be Shining more and reaches at least $ 40K.
sr. member
Activity: 826
Merit: 460
March 27, 2023, 10:55:36 AM
Unfortunately today the price of dropping again so that the hope to immediately level up to $ 30k is delayed, hopefully the decline is not deep so that it can return to $ 28k or even more, I'm worried that if the price drops again under $ 20k it will take a long time to recover.

I don't think we have much chance of going back below $20k for bitcoin right now, even if it did I would feel very bullish to buy more bitcoins.
A decrease in the strengthening of the market price to continue its increase is normal and commonplace, as we usually call it, is a price correction to make price support a stepping stone for prices to rise to the next level, don't worry too much, I don't think we will experience that decline again .
If we look at the cycle, it is likely that we will switch to the current spring cycle after winter has passed.
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