Quote from: Flydove on April 05, 2025, 07:21:29 PM

My take is, the price of Bitcoin is largely driven by supply and demand. If everyone decides to hold onto their Bitcoin and no one is willing to sell, the available supply in the market would drop significantly. If there are no sellers, the market would essentially come to a halt.  So, while it's theoretically possible for everyone to hold onto their Bitcoin without selling, in reality, it would be extremely hard to achieve.

In theory, what you say is true: all increases and corrections are due to supply and demand from the market. But is it true that no one decides they don't want to sell their bitcoins even though the price is very favorable? I don't think so and there is always a very good offer from everyone in every trade, so the price keeps moving.

Everybody takes some profit when needed or for it to be fixed and become realized - nothing uncommon here.

Depends on the goals of each person.

Yes, when Bitcoin started, the government in all countries prevented it from starting, because they knew that if it spread across the country, it might become a big consideration, so they never supported its launch. However, although it was exchanged online and it is now used by many people as a transaction and investment. So it has now been legalized in many countries and the government of all countries should consider this issue. I think if it gets more legalization, maybe more people will demand Bitcoin.

Countries just don't give a damn before it affects their structure / ways of things, then, they start taking notice.. For the better or worse.

The whole expectation from the Trump administration has not yielded any significant progress yet and even Trump himself has not given himself to the promotion of cryptocurrency projects as he proclaimed to do during his campaign.

We can take an example from his own meme coins Trump coin this coin has received virtually zero support from Trump himself we can see that in the way the value of the coin is dumping down.

Trump is a man of business, not some savior of BTC of sort.

He is going to make everything in his power to get the most of his position and to profit in the long run, and to see the markets flip like it's nothing.

That's why it's scary to look at the news each day sometimes

Quote from: bitterguy28 on April 09, 2025, 07:09:25 AM

my question is how are you preparing for the expected bear cycle should it actually happen soon?

No, the bear cycle is not going to happen anytime soon. There's big game in keep market down and the ones who understand such games are the ones who will make profit from this market. it's the best time for the ones who follow DCA strategy. The market will recover once again and who knows we might see Bitcoin at $100k or above it before December 2025.

I too think in that direction - we need to accumulate and await the opportunity to see the new heights on the chart through 2025.
It will bring results, and good ones, down the line.

I don't like this option, but maybe making it centralized would make its value stable or even tend to be like gold which always increases but slowly... actually the acquisition of all the existing Bitcoin supply by a single entity could also make it controllable, but that would eliminate the unique nature of Bitcoin which is known to be decentralized....

Maybe when Saylor really owns all the existing Bitcoin supply, this really kills the freedom of privacy for a safer money...

He won't be able to make this probability a reality.

There will always be other players having all of BTC too.

Presale profit depend on the success of the project, so it is so risky because when project is failed your capital will also get failed and you cannot get any profit at all,so i prefer investing on a coin that is already has a strong foundation with a good developer and already tradeable in the market so that you can sell anytime when you don't wanted to hold the coin.

It's a high-risk endeavour, especially on our market that is going up and down due to the tariffs.

Quote from: JollyGood on April 09, 2025, 02:33:58 PM

With a price of $76,000 today, it is wishful thinking to believe Bitcoin will be worth $150,000 this year. I believe it will struggle to get anywhere near $100,000 again and the markets will continue to sell therefore it will not help.

Quote from: Fivestar4everMVP on April 08, 2025, 03:47:57 PM

So how about you guys?, anyone believe that the price of bitcoin will still touch $150k this year?

In my opinion, I don't think that because the price of bitcoin is currently hovering around $81k to $74.5k, and that price will not hit  #150k is a wishful thinking. We have to remember that so many people never believe that bitcoin will touch $100k, but it actually created an All Time High above $100k, and of course, anything can happen.
I think that nothing can be ruled out as far as bitcoin market is concerned.

A broader market would be our compass on that matter.

If there would be confidence that would stay and float toward the crypto market - then surely, price upward movement may happen through 2025.

Quote from: Aanuoluwatofunmi on April 09, 2025, 09:52:40 PM

There is no way DCA can accurately work out on altcoins, so don't bother yourself because in them lies so many shitcoins, and you should probably know what shitcoins means by now, all these makes me to account anything other than bitcoin as a risk for nothing, when we should know and have the understanding that they don't rise once some of these altcoins go dip and eventually turned a scam project.

Even if we want to choose altcoins, it must be the top coins, and for me it is limited to Ethereum, BNB, and also SOL. But for other altcoins, honestly I have to think twice to do it. because I've done it and it didn't work very well.

and indeed this DCA system is actually very promising for Bitcoin, especially if it is done regularly from the bearish period and continues until the bullish peak later.

What do you think about LTC, though? A good pick, imo, and has lots of potential that hasn't yet been realized (regarding its value).