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Author Topic: Bitcoin  (Read 1335 times)

Offline Woukah

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Bitcoin
« on: December 20, 2023, 06:57:50 AM »
Will bitcoin ever go down that I can afford it
Because how I can see it bitcoin won’t go down easily
But I know if it go down I will buy it  ;)

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Bitcoin
« on: December 20, 2023, 06:57:50 AM »

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Offline Gm Jutt

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Re: Bitcoin
« Reply #1 on: December 20, 2023, 07:10:56 AM »
Bitcoin is looking strong now. And it is looking for the ETF approval and for Halving. So I also think that Bitcoin will not go down if it will go down so this will be a biggest opportunity to buy it. And hold it for long time to get much profit from Bitcoin.

Offline Yamzakid

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Re: Bitcoin
« Reply #2 on: December 20, 2023, 07:50:19 AM »
I don't think anyone can really predict what will happen now, but it will either go down or not. In my opinion since we are expecting a bull run, I don't think it will go down right now, and if it eventually happen to go down it will be a great  opportunity for us bitcoiners to buy the Dip and accumulate more bitcoin since we are expecting massive increase in it price when the bull run arrive.

Offline Decora50

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Re: Bitcoin
« Reply #3 on: December 20, 2023, 07:51:47 AM »
Will bitcoin ever go down that I can afford it
Because how I can see it bitcoin won’t go down easily
But I know if it go down I will buy it  ;)

Bitcoin price is always low and high, in the beginning of 2023 the price of Bitcoin was between 15,5k but in just 10 to 11 months the price of Bitcoin is now up to 45k. So OP if you want to buy bitcoins then this is how you can buy bitcoins by understanding the opportunity. And if you want to invest for long term then you can still go with B as there are plenty of opportunities. Bitcoin halving is in 2024 and after each halving the price of Bitcoin increases massively.

Offline tranthidung

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Re: Bitcoin
« Reply #4 on: December 21, 2023, 03:17:41 PM »
Bitcoin price is always low and high, in the beginning of 2023 the price of Bitcoin was between 15,5k but in just 10 to 11 months the price of Bitcoin is now up to 45k.
This is interesting and you are just saying about fact.

Bitcoin price has very short time so stay around its all time high and you can miss chance to take profit around that perfect price range. It is opposite with bottom price and given time for you to accumulate bitcoin with cheap price. You will have like 1.5 years to 2 years to accumulate Bitcoin at bottom range in a long bearish market.

If anyone calls himself or herself as a Bitcoin investor, with strong belief in Bitcoin, but hesitate to buy Bitcoin during two bearish years, it is not valid excuse.

Two charts to show this fact

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Re: Bitcoin
« Reply #5 on: December 21, 2023, 03:25:19 PM »
Will bitcoin ever go down that I can afford it
Because how I can see it bitcoin won’t go down easily
But I know if it go down I will buy it  ;)

That depends on you. If Bitcoin were to drop to $10,000 now, would you be able to afford it then? How much can you afford to spend for one Bitcoin?
In the end, you don't have to buy 1BTC all at once, you can do it even dollar by dollar. Also, don't ask yourself, will I ever be able to afford to have $100,000 in my hands
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Offline tranthidung

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Re: Bitcoin
« Reply #6 on: December 21, 2023, 03:44:46 PM »
That depends on you. If Bitcoin were to drop to $10,000 now, would you be able to afford it then? How much can you afford to spend for one Bitcoin?
Many people are like this. When they see high price, they consider it is expensive and hope that they will have cheaper price like -30% or -50% or -80% from that expensive price. Funny enough, when they see such great discount price, they turn to be fearful and stay outside. When they see a new bull run, they repeat their hope again.

Preparing money is a first step. Preparing psychology is a second step which is important to enter the market.

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Re: Bitcoin
« Reply #6 on: December 21, 2023, 03:44:46 PM »


Online Bd officer

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Re: Bitcoin
« Reply #7 on: December 21, 2023, 04:04:39 PM »
Will bitcoin ever go down that I can afford it
Because how I can see it bitcoin won’t go down easily
But I know if it go down I will buy it  ;)
OP, it may be that Bitcoin price is currently at 44k and may not come below 44k in the next 2-1 years. So you might miss the current 44k price in the future. But no one can accurately predict what the future will hold. So you should follow DCA from this time. If you follow DCA, you can buy on average at low and high prices. Anyway OP if you don't want to miss bitcoin current price in future, start investing now.

Offline knowngunman

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Re: Bitcoin
« Reply #8 on: December 21, 2023, 04:39:52 PM »
Will bitcoin ever go down that I can afford it
Because how I can see it bitcoin won’t go down easily
But I know if it go down I will buy it  ;)

This is another form of saying you're not ready to buy and hold bitcoin. You don't need to wait for bitcoin to get down low in price before you buy. You may wait forever if that's your plan because bitcoin is unlikely to drop low that average person with less income can be able to afford a complete piece.

Just use what you have at the moment to acquire the little you can because waiting for price to come down low might not happen soon and you will later regret for not taking the bold step to start buying now.

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Re: Bitcoin
« Reply #9 on: December 21, 2023, 06:09:46 PM »
Just use what you have at the moment to acquire the little you can because waiting for price to come down low might not happen soon and you will later regret for not taking the bold step to start buying now.

Otherwise, it is a kind of rule that many people think about buying Bitcoin only when it is in constant growth and when the price is already "too high". Just a few months ago, Bitcoin was around $20,000, but then none of the new "players" wanted to enter, even though it was the best time in years.
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Offline SamReomo

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Re: Bitcoin
« Reply #10 on: December 21, 2023, 06:37:07 PM »
Will bitcoin ever go down that I can afford it
Because how I can see it bitcoin won’t go down easily
But I know if it go down I will buy it  ;)
No, Bitcoin won't go down to the levels when you will be able to afford it. You'll have to find a better solution to acquire portions of Bitcoin each week by following a DCA strategy as that's your best bet to have some investment in Bitcoin.

The current price of Bitcoin is still very low I believe and if you can afford to invest some money in it then go for it because in coming months you may not see Bitcoin at $40k levels and you'll again say the same words.

I would also recommend you to invest in Bitcoin when you see a major dip as it has been proven that after each dip we may see some upward movements and I'm pretty sure that history keeps repeating itself.
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Offline tranthidung

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Re: Bitcoin
« Reply #11 on: December 22, 2023, 03:12:26 AM »
Otherwise, it is a kind of rule that many people think about buying Bitcoin only when it is in constant growth and when the price is already "too high". Just a few months ago, Bitcoin was around $20,000, but then none of the new "players" wanted to enter, even though it was the best time in years.
They were given many months with very good (cheap) prices to buy Bitcoin but what did they do?

They were fearful when great (even not perfect) chances exist for them. When the bear market gone, they hoped they will be given such chances again. I believe many people who missed the bear market, great discount price in 2022 and 2023 will continue to repeat similar mistakes in 2026 and 2027 bear market.

With belief that Bitcoin will continue to grow in both adoption, value and price, any price from $20,000 to $44,000 will be dreaming price for people in 2028 or 2032, so why do we hesitate to hop on the boat now?

Offline Bobcrypto

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Re: Bitcoin
« Reply #12 on: December 22, 2023, 07:26:55 AM »
Will bitcoin ever go down that I can afford it
Because how I can see it bitcoin won’t go down easily
But I know if it go down I will buy it  ;)

I doubt that Bitcoin will ever go down to the price level that you may afford on the current moves, though the bear is not completely over according to some market analysis but anything can happen. Bitcoin is very unpredictable and it also very possible for market to go down before or after the halvimg that may open the opportunity for small invest to enter. I think there are many people waiting for Bitcoin to go dip for a quick entry.

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Offline Condorlaib

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Re: Bitcoin
« Reply #13 on: December 22, 2023, 08:55:04 AM »
Will bitcoin ever go down that I can afford it
Because how I can see it bitcoin won’t go down easily
But I know if it go down I will buy it  ;)

I doubt that Bitcoin will ever go down to the price level that you may afford on the current moves, though the bear is not completely over according to some market analysis but anything can happen. Bitcoin is very unpredictable and it also very possible for market to go down before or after the halvimg that may open the opportunity for small invest to enter. I think there are many people waiting for Bitcoin to go dip for a quick entry.
I agree with you. There will be no return, even if a fall occurs, it will still be unaffordable

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Re: Bitcoin
« Reply #14 on: December 22, 2023, 12:39:24 PM »
Will bitcoin ever go down that I can afford it
Because how I can see it bitcoin won’t go down easily
But I know if it go down I will buy it  ;)
Bitcoin's price is highly volatile, meaning it can suddenly spike or drop unexpectedly from its current level. While there's no way to predict whether this will happen or not, it's important to note that the currency won't reach the same price levels as in 2014-2016. Instead of waiting for this unlikely scenario, there are two things you can do: wait for a pullback to occur or use the DCA method to accumulate Bitcoin over time.
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