Will there be a boom again? - page 4.

Odohu

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Quote from: Twentyonepaylots on September 15, 2023, 02:37:57 PM

Yeah It's always a question of when but for sure there will another bull running for crypto. This isn't going to be a 'stuck market', we all know it's been volatile. It reached a very impossible all time high back then, not mentioning how many economists said that it won't reach above 20K LOL. But then again we have so called factors to call in the market, crypto has never been as huge as we have it now, so taking another step would take time. If you only wait for the ride, then that won't be very easy you might need your money for personal purposes so I suggest trading crypto with reserves so you'll have rounds when we launch to the MARS. Cool

Well even though we cannot precisely know when but there are enough historic data to give us a time rage when huge rise in price is expected. Just like everything else, history have always repeated itself for Bitcoin and I don't see it changing, going forward. If you have been paying attention, you will notice that events and activities are already indicating that we will have a huge price action in coming weeks or months. Looking at the charts, the prolonged consolidation is also another indicator. However, it is not clear if there will be further dips before the anticipated bull run, but ours is to keep open mind and prepare for any scenario the market presents.

Quote from: ChiBitCTy on September 15, 2023, 02:58:24 PM

Honestly, as someone who's been "in to" bitcoin for years now, I have my doubts at times. I absolutely unequivocally believe in bitcoin and it's technology, but my problem is with the human race, if I'm being honest. I think that average human is a nitwit, and people don't know a good thing even when it smacks them in the face. The problem with societies across the globe is people get too complacent with status quo, and right now that's fiat money being the only form of currency, for the average human being/government. I do have faith in the younger more progressive generation, and I do see some chance for another boom, but I just see it as a slightly less chance of happening like it has in the past.

I understand your point completely and it is really a helpless situation. The inertia of society to change is something that have been there time immemorial and it is not going to change real soon.

Fortunately, Bitcoin is gradually gaining the attention it deserve as can be seen by many institutions such as Paypal and Union Bank of Philippines having interest in it. In addition, approval of the Bitcoin ETFs too will help with institutional involvement in Bitcoin and that will create huge inflow of capital and people. We should not despair

Sexylizzy2813

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Quote from: Natalim on September 19, 2023, 04:48:17 PM

Quote from: Sexylizzy2813 on September 19, 2023, 02:03:50 AM

Of late the price of Bitcoin has been going back up with it's current price at $26k (wonder why it didn't stay at $27k till this morning 🤔) and to me I see it as a possible step for something big to come, maybe before the end of this month, who knows this month might be better than last month.
With how the price has changed its shape of letting go of $25k for almost 3 weeks now I believe it might give us that screamer of hitting $30k in the next 2 weeks, but we should just keep our fingers crossed because it can still go back to $25k which is not healthy in the market.

I'm doubtful if it can show big changes in the next 2 weeks but still hopeful that someday we will be able to see Bitcoin reaching back to $30k again. But for now, it was still on the test side to all holders where patience was needed to the extent but if we are a weak person, I could imagine that they are now thinking about selling.
In the current situation, instead of thinking negatively, we'd rather think about buying more while it was cheap as sooner or later, a bullish price will come next.

$30k has always been the target for some investors which I believe before the year runs out it will come to pass and even more than $30k in the nearest future.
To me at this point I won't advise anyone to sell, the damage has already been done, I mean the fall of Bitcoin price and if you hold forget about the bullish price and some believe it will happen come next year, I'd just say focus on what the market will bring next this year.
And with what I'm seeing I just have that feeling that investors might start smiling anytime soon.

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Quote from: stardustin on September 15, 2023, 12:08:43 PM

In 2016 when I was a kid, this coin got in stuck in my mind but absolutely everyone around me was telling me to forget it, it's scam, it's online shit, I shouldn't study it and should move on something else and finally ended up working hard absolutely every day for years to migrate in Canada to learn in university and pay high tution fees.

In 2016, are you a kid or a teenager? Huh

I think a kid will never think about an investment, cryptos, or digital assets. But if you were a teenager, it can a bit make sense.
Anyway, where do you know about Bitcoin or crypto? Is it from your family members, friends, or your neighborhood? I'm surprised that a kid can know such thing like crypto or Bitcoin.

Quote from: stardustin on September 15, 2023, 12:08:43 PM

Finally, I finished the university and gained PR but the money that I have spent in all of these makes me cry every day. If it weren't my parents, I would invest in bitcoin in 2016-2017, I would be a millionaire today. I totally missed 2020's boom because of my situation but now is the time in my life where I stand on my feet, not strongly but I stand and manage to live and save some money.

You don't need to blame yourself or other people. It is very understandable if you couldn't invest in 2016, you are still a kid, right? Where you got the money to invest in? And you probably don't have enough knowledge about crypto/Bitcoin investment at that time. If you don't have enough knowledge and have strong mentality, you won't have a power to hold it for a long time.

Quote from: stardustin on September 15, 2023, 12:08:43 PM

As we all know, halving is coming. Should I invest my savings in Bitcoin? Or should I lean towards altcoins this time? Which one? I don't have health problems and don't have to worry about job security but it would make me sad to lose all the savings but life in Canada is getting expensive every fucking day.

It depends on you, dude. If you are optimistic about Bitcoin future, it is surely the right time to buy Bitcoin. It is true that we are heading the bullish season, it probably happens in 2024-2025. However, there is no guarantee about how far Bitcoin to raise. It is all about speculation although the price history showed that Bitcoin always created a new ATH every bullrun season.

STT

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Wound spring under the 50 day average seems like today, checking this as if its resistance when its not especially suggests we move till we find something solid in volume to bounce off and react with. 200 day moving average also in this area except that is a measure still rising thanks to majority of this year being positive overall.
4hr bars suggests we are positive though sometimes sideways, the gait is positive lean upwards. I suggest 26751 for a near term target low to maintain as support in order that this trend retains its momentum as its kept so far. Also I would compare this last week to the end of August when we had that spike up that completely reversed, the idea of a boom is we arent merely repeating or an echo of past energy imo.

Onyeeze

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If you want to invest in cryptocurrency I will like you invest in bitcoin not any other coins, what I believe in bitcoin because its already have a stand and I believe the stand of bitcoin will remain, so therefore bitcoin is better than any altcoins that doesn't have a value and on the way of holding your altcoins it can be valueless in the market and nobody will be ready to buy again, so what I'm telling you right now is that Bitcoin is the greatest among others coins

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Quote from: Sexylizzy2813 on September 19, 2023, 02:03:50 AM

Of late the price of Bitcoin has been going back up with it's current price at $26k (wonder why it didn't stay at $27k till this morning 🤔) and to me I see it as a possible step for something big to come, maybe before the end of this month, who knows this month might be better than last month.
With how the price has changed its shape of letting go of $25k for almost 3 weeks now I believe it might give us that screamer of hitting $30k in the next 2 weeks, but we should just keep our fingers crossed because it can still go back to $25k which is not healthy in the market.

I'm doubtful if it can show big changes in the next 2 weeks but still hopeful that someday we will be able to see Bitcoin reaching back to $30k again. But for now, it was still on the test side to all holders where patience was needed to the extent but if we are a weak person, I could imagine that they are now thinking about selling.
In the current situation, instead of thinking negatively, we'd rather think about buying more while it was cheap as sooner or later, a bullish price will come next.

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Quote from: michellee on September 18, 2023, 10:08:04 AM

Quote from: Vaskiy on September 18, 2023, 06:34:18 AM

Quote from: Republikcoin.com on September 18, 2023, 05:18:45 AM

Quote from: Out of mind on September 17, 2023, 09:28:10 PM

As you are an old person from long time ago you have good knowledge about this forum with bitcoins, you will invest accordingly. The best advice I can give you from my experience coming to this forum is to invest in bitcoin and avoid investing in altcoin. It would be better to buy bitcoins for the future with the money you have left in your savings from the money you earn now. Moreover, if you invest in Bitcoin it will never be risky but safe, and you can earn good income from it in the future. And if you invest in Altcoin, it definitely has enough risk and not so safe for your money, that's why you should avoid investing in Altcoin. So I will advise you to avoid altcoin investment and invest in bitcoin as your money is safe and profitable in it.

In terms of risk, it is quite clear that this is always greater for altcoins than for Bitcoin, so your suggestion is not wrong if the direction is to invest in Bitcoin with the remaining money that someone has saved from the money he earned through his hard work. Because from what has been seen, Bitcoin can always provide good profits and returns to everyone who wants to invest in it and today the price of Bitcoin itself has almost touched $27K, so some people who once bought at $25K may have started to smile a little today.

The price of bitcoin have crossed $27k and we can expect this slow and stabilized market progress to take place for longer time period. With every investment there is risk, cryptocurrency is not an exception. With altcoins the risk is higher than bitcoin. As we've got the halving scheduled for the upcoming year, we cannot expect good rise over the weeks/months. The rise usually happen close to the days of halving or once after the halving is over.

Yes, the price of Bitcoin has finally reached the $27k level for now and is still holding there. At least this is encouraging for those of us who haven't seen a significant increase in several days. There is a possibility that Bitcoin prices will rise even higher, especially since the market is now at the beginning of the week when there is usually an increase.

But that doesn't guarantee that Bitcoin prices can rise high because if there is negative news, it can affect the price and it will decline again. Those who have bought Bitcoin at prices below $27k certainly smile at the temporary profits they can take, especially for those who trade in the future, because they can already see the size of the profits they can take.

And we all still hope there will be another boom and the price will rise even higher before long. So prepare your investment, whether it's Bitcoin or altcoins, but you should focus on investing in Bitcoin.

We cant call a market if we dont see these things;

1. Bear trend
2. Consolidation/Sideways trend
3. Bullish trend

Market cant really just go move on one path on which it would really be impossible that it would really be heading just a single way.It do really just turn out that we do really have that called
market cycle on which it would really be just so normal that there are really years which we would be moving sideways and there are times that we are on the ground or crashing moment.
This would really be stirring up peoples mind and would really be affecting their emotions on which it would really be causing that sudden change of their decisions in regarding on their trades or investment.
This market would really be requiring that kind of patience and discipline for you to sustain because if you dont have this quality then for sure you wont really be
able to sustain this market or this isnt really for you but well we cant really be able to know the results or outcomes if you dont really try or risks it out.

DVlog

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Quote from: The Sceptical Chymist on September 19, 2023, 03:34:13 AM

I couldn't tell you if $26,XXX is cheap for bitcoin right now, but since it's already been almost 3 times that price....it might just be a good buy right now. At the very least, I probably wouldn't sell lest my and OP's regrets come true for anybody who's holding BTC. Don't be a Sceptical Chymist!

We are at the very last cycle of the bear market and it is not discretion to sell BTC after this long period of bear market. BTC hold 26k mark for 3 times that means there is a strong support there. If this support broken the logical option will be to accumulate more to lower your average because price won't stay there for long. In the coming month the feasible scenario could be a small correction and a quick bounce back to its previous price.

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Quote from: michellee on September 18, 2023, 10:08:04 AM

Quote from: Vaskiy on September 18, 2023, 06:34:18 AM

The price of bitcoin have crossed $27k and we can expect this slow and stabilized market progress to take place for longer time period. With every investment there is risk, cryptocurrency is not an exception. With altcoins the risk is higher than bitcoin. As we've got the halving scheduled for the upcoming year, we cannot expect good rise over the weeks/months. The rise usually happen close to the days of halving or once after the halving is over.

Yes, the price of Bitcoin has finally reached the $27k level for now and is still holding there. At least this is encouraging for those of us who haven't seen a significant increase in several days. There is a possibility that Bitcoin prices will rise even higher, especially since the market is now at the beginning of the week when there is usually an increase.

But that doesn't guarantee that Bitcoin prices can rise high because if there is negative news, it can affect the price and it will decline again. Those who have bought Bitcoin at prices below $27k certainly smile at the temporary profits they can take, especially for those who trade in the future, because they can already see the size of the profits they can take.

And we all still hope there will be another boom and the price will rise even higher before long. So prepare your investment, whether it's Bitcoin or altcoins, but you should focus on investing in Bitcoin.

It's important that we are going to end up with something that will be a lot higher and we are at the early stages of that. Many people can't see that at this point and I understand that it may not feel that great but I do believe that it is going to be easy to see it happen.

We need to end up with something that will make sure that life is better and things are better and we will end up with a greater return with that big boom. Not that important if they can't see it today, they will end up joining eventually anyway and it will be a great period without a doubt. Maybe they will be a bit later to the party but they will come in as well which is the only thing that matters on the long term, as long as they join, when they do doesn't matter.

The Sceptical Chymist

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I had to let out a big sigh when I read OP's story there, because bitcoin had been on my radar even earlier--and I failed to hold the btc that I purchased at what now seems like a ridiculously low price. If I were to keep looking back at 2015-17, I'd likely jump off the highest building that had an elevator with a straight shot to the roof.

Alas, hindsight is 20/20 and we all know this (or should). But yeah, there's going to be another boom, no question. Cryptocurrency is a market just like any other, and since there have already been several boom/bust cycles it only makes sense that the market for bitcoin is going to be a cyclical one just like the stock market. Plus it's not like it's only for tech geeks anymore like it was in the very early days; institutional investors have gotten into the game, and that pretty much guarantees there are going to be raging bull markets and withering bear markets.

I couldn't tell you if $26,XXX is cheap for bitcoin right now, but since it's already been almost 3 times that price....it might just be a good buy right now. At the very least, I probably wouldn't sell lest my and OP's regrets come true for anybody who's holding BTC. Don't be a Sceptical Chymist!

Sexylizzy2813

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Of late the price of Bitcoin has been going back up with it's current price at $26k (wonder why it didn't stay at $27k till this morning 🤔) and to me I see it as a possible step for something big to come, maybe before the end of this month, who knows this month might be better than last month.
With how the price has changed its shape of letting go of $25k for almost 3 weeks now I believe it might give us that screamer of hitting $30k in the next 2 weeks, but we should just keep our fingers crossed because it can still go back to $25k which is not healthy in the market.

michellee

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Quote from: Vaskiy on September 18, 2023, 06:34:18 AM

Quote from: Republikcoin.com on September 18, 2023, 05:18:45 AM

Quote from: Out of mind on September 17, 2023, 09:28:10 PM

As you are an old person from long time ago you have good knowledge about this forum with bitcoins, you will invest accordingly. The best advice I can give you from my experience coming to this forum is to invest in bitcoin and avoid investing in altcoin. It would be better to buy bitcoins for the future with the money you have left in your savings from the money you earn now. Moreover, if you invest in Bitcoin it will never be risky but safe, and you can earn good income from it in the future. And if you invest in Altcoin, it definitely has enough risk and not so safe for your money, that's why you should avoid investing in Altcoin. So I will advise you to avoid altcoin investment and invest in bitcoin as your money is safe and profitable in it.

In terms of risk, it is quite clear that this is always greater for altcoins than for Bitcoin, so your suggestion is not wrong if the direction is to invest in Bitcoin with the remaining money that someone has saved from the money he earned through his hard work. Because from what has been seen, Bitcoin can always provide good profits and returns to everyone who wants to invest in it and today the price of Bitcoin itself has almost touched $27K, so some people who once bought at $25K may have started to smile a little today.

The price of bitcoin have crossed $27k and we can expect this slow and stabilized market progress to take place for longer time period. With every investment there is risk, cryptocurrency is not an exception. With altcoins the risk is higher than bitcoin. As we've got the halving scheduled for the upcoming year, we cannot expect good rise over the weeks/months. The rise usually happen close to the days of halving or once after the halving is over.

Yes, the price of Bitcoin has finally reached the $27k level for now and is still holding there. At least this is encouraging for those of us who haven't seen a significant increase in several days. There is a possibility that Bitcoin prices will rise even higher, especially since the market is now at the beginning of the week when there is usually an increase.

But that doesn't guarantee that Bitcoin prices can rise high because if there is negative news, it can affect the price and it will decline again. Those who have bought Bitcoin at prices below $27k certainly smile at the temporary profits they can take, especially for those who trade in the future, because they can already see the size of the profits they can take.

And we all still hope there will be another boom and the price will rise even higher before long. So prepare your investment, whether it's Bitcoin or altcoins, but you should focus on investing in Bitcoin.

Vaskiy

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Quote from: Republikcoin.com on September 18, 2023, 05:18:45 AM

Quote from: Out of mind on September 17, 2023, 09:28:10 PM

As you are an old person from long time ago you have good knowledge about this forum with bitcoins, you will invest accordingly. The best advice I can give you from my experience coming to this forum is to invest in bitcoin and avoid investing in altcoin. It would be better to buy bitcoins for the future with the money you have left in your savings from the money you earn now. Moreover, if you invest in Bitcoin it will never be risky but safe, and you can earn good income from it in the future. And if you invest in Altcoin, it definitely has enough risk and not so safe for your money, that's why you should avoid investing in Altcoin. So I will advise you to avoid altcoin investment and invest in bitcoin as your money is safe and profitable in it.

In terms of risk, it is quite clear that this is always greater for altcoins than for Bitcoin, so your suggestion is not wrong if the direction is to invest in Bitcoin with the remaining money that someone has saved from the money he earned through his hard work. Because from what has been seen, Bitcoin can always provide good profits and returns to everyone who wants to invest in it and today the price of Bitcoin itself has almost touched $27K, so some people who once bought at $25K may have started to smile a little today.

The price of bitcoin have crossed $27k and we can expect this slow and stabilized market progress to take place for longer time period. With every investment there is risk, cryptocurrency is not an exception. With altcoins the risk is higher than bitcoin. As we've got the halving scheduled for the upcoming year, we cannot expect good rise over the weeks/months. The rise usually happen close to the days of halving or once after the halving is over.

Republikcoin.com

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Quote from: Out of mind on September 17, 2023, 09:28:10 PM

As you are an old person from long time ago you have good knowledge about this forum with bitcoins, you will invest accordingly. The best advice I can give you from my experience coming to this forum is to invest in bitcoin and avoid investing in altcoin. It would be better to buy bitcoins for the future with the money you have left in your savings from the money you earn now. Moreover, if you invest in Bitcoin it will never be risky but safe, and you can earn good income from it in the future. And if you invest in Altcoin, it definitely has enough risk and not so safe for your money, that's why you should avoid investing in Altcoin. So I will advise you to avoid altcoin investment and invest in bitcoin as your money is safe and profitable in it.

In terms of risk, it is quite clear that this is always greater for altcoins than for Bitcoin, so your suggestion is not wrong if the direction is to invest in Bitcoin with the remaining money that someone has saved from the money he earned through his hard work. Because from what has been seen, Bitcoin can always provide good profits and returns to everyone who wants to invest in it and today the price of Bitcoin itself has almost touched $27K, so some people who once bought at $25K may have started to smile a little today.

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Quote from: stardustin on September 15, 2023, 12:08:43 PM

In 2016 when I was a kid, this coin got in stuck in my mind but absolutely everyone around me was telling me to forget it, it's scam, it's online shit, I shouldn't study it and should move on something else and finally ended up working hard absolutely every day for years to migrate in Canada to learn in university and pay high tution fees.

Finally, I finished the university and gained PR but the money that I have spent in all of these makes me cry every day. If it weren't my parents, I would invest in bitcoin in 2016-2017, I would be a millionaire today. I totally missed 2020's boom because of my situation but now is the time in my life where I stand on my feet, not strongly but I stand and manage to live and save some money. As I see, there are guys on this forum since 2015, they are here still today, so I want to know your opinion and want to hear your advice about Bitcoin. As we all know, halving is coming. Should I invest my savings in Bitcoin? Or should I lean towards altcoins this time? Which one? I don't have health problems and don't have to worry about job security but it would make me sad to lose all the savings but life in Canada is getting expensive every fucking day.

Opportunity comes in every person's life but some are able to use that opportunity and some fail due to some reasons. You got a good chance because with the investment in 2020 you would have got maximum profit in 2021. If you have enough money then you can become a millionaire by investing it. But since you could not use the opportunity due to adverse situation. So I would say that upcoming opportunity should not be missed as upcoming Halving is very close. The upcoming bull market may be stronger than the past for several reasons. So if you are trying to make a reliable investment without risk then it is definitely better to invest in Bitcoin. Learning from the mistakes of the past and working for the present and the future will certainly be prosperous.

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Quote from: stardustin on September 15, 2023, 12:08:43 PM

Finally, I finished the university and gained PR but the money that I have spent in all of these makes me cry every day. If it weren't my parents, I would invest in bitcoin in 2016-2017, I would be a millionaire today. I totally missed 2020's boom because of my situation but now is the time in my life where I stand on my feet, not strongly but I stand and manage to live and save some money. As I see, there are guys on this forum since 2015, they are here still today, so I want to know your opinion and want to hear your advice about Bitcoin. As we all know, halving is coming. Should I invest my savings in Bitcoin? Or should I lean towards altcoins this time? Which one? I don't have health problems and don't have to worry about job security but it would make me sad to lose all the savings but life in Canada is getting expensive every fucking day.

I don't know if I should say is a shame but why cry over spilled milk? Is never your fault that you was young and couldn't make a decision that concerns your life that would stand, but that's by the way.
You can still start from scratch again and before you know it you get to where you always wanted to be (a billionaire ) because the price of Bitcoin at this point isn't too positive that it will remain at an elevative stage like going up.
So I'd advise you shouldn't feel bad for going to Canada and doing what you went to do, you're done and now that you're a grown man take advantage of the market price, let the past die off your mind and you can make it big, also expect the price to be at $30+ any time soon.

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Quote from: Pierre 2 on September 18, 2023, 12:24:55 AM

It sucks to risking all your life savings and lose them. But as old time Bitcoiner I would say we will %100 experience boom with Bitcoin s price next year. I am pretty there will be many millionaires in these forums. Current prices are very cheap for Bitcoin actually. I only trade on high levels nowadays just to buy back low. That's my aim here. Many whales probably already started increasing their Bitcoin amount. There will be good enough demand for Bitcoin boom.

We all hope for the same thing. Expectations for next year are very high. As I have been saying for a long time, Bitcoin gives us an opportunity to buy. Those who take advantage of this opportunity will get closer to or achieve their goals.

Bitcoin has gone through many times like this and has always come back stronger. Those who did not lose their faith in Bitcoin always increased their investments in such times. There are risks in every investment, and those who take these risks achieve their goals. The demand for Bitcoin will increase even more when the price starts to rise and its rise will accelerate. We need to be patient and patience is one of the most important things in this market.

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Quote from: Mr.suevie on September 17, 2023, 04:56:07 PM

The past records have shown that there is always a bull boom coming up although there is no specific date on this big boom but as a crypto and Bitcoin is concerned am willing to take the chances of the bull run happening. Bitcoin bull boom is set about to take again in 2024/25 that's if it followed the previous bull run period.

So what any good crypto enthusiast should be doing is to actually buy as much Bitcoin or crypto asset as he can ahead of this period because it's happens scarcely.

It has been happening for a long time and I believe it is especially Bitcoin, the 4 year cycle that occurred after the last ATH and it is possible that it will happen again in 2025, I really believe that and have been preparing slowly to welcome it.

Quote from: Pierre 2 on September 18, 2023, 12:24:55 AM

It sucks to risking all your life savings and lose them. But as old time Bitcoiner I would say we will %100 experience boom with Bitcoin s price next year. I am pretty there will be many millionaires in these forums. Current prices are very cheap for Bitcoin actually. I only trade on high levels nowadays just to buy back low. That's my aim here. Many whales probably already started increasing their Bitcoin amount. There will be good enough demand for Bitcoin boom.

If you already have great confidence in that, then why should you be afraid to risk your entire life savings for a big profit, after all, this is not a bet that might lose everything, this is an investment where there are only two possibilities, namely profit or loss, not loss.
I think so too, now that many people are preparing for the huge possibility that many believe is welcoming this.

Pierre 2

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It sucks to risking all your life savings and lose them. But as old time Bitcoiner I would say we will %100 experience boom with Bitcoin s price next year. I am pretty there will be many millionaires in these forums. Current prices are very cheap for Bitcoin actually. I only trade on high levels nowadays just to buy back low. That's my aim here. Many whales probably already started increasing their Bitcoin amount. There will be good enough demand for Bitcoin boom.

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Quote from: stardustin on September 15, 2023, 12:08:43 PM

Should I invest my savings in Bitcoin? Or should I lean towards altcoins this time? Which one?

As you are an old person from long time ago you have good knowledge about this forum with bitcoins, you will invest accordingly. The best advice I can give you from my experience coming to this forum is to invest in bitcoin and avoid investing in altcoin. It would be better to buy bitcoins for the future with the money you have left in your savings from the money you earn now. Moreover, if you invest in Bitcoin it will never be risky but safe, and you can earn good income from it in the future. And if you invest in Altcoin, it definitely has enough risk and not so safe for your money, that's why you should avoid investing in Altcoin. So I will advise you to avoid altcoin investment and invest in bitcoin as your money is safe and profitable in it.

Topic: Will there be a boom again? - page 4. (Read 1029 times)