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Author Topic: Future of Bitcoin  (Read 62522 times)

Offline NikeFit_7777

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Re: Future of Bitcoin
« Reply #420 on: July 14, 2024, 07:37:51 AM »
I'm monitoring bitcoin holders' fear indices. Now 55, if we take into account the average index, The upward reversal happens when the index is in the 40-45 point range. Overall, it fits in with the way the chart looks.

At the moment, a retest of the 200 EMA on the daily timeframe looks more or less adequate. It is 58000, at the same time, if there is a sharp spill, altcoin holders will obviously lose the desire to average or take futures. Therefore, I would like to see this retest and then decide whether to buy back or wait for a more obvious reversal scenario.

P.S. By no means, do not call to get into shorts, because, in my opinion, it is quite dangerous.

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Re: Future of Bitcoin
« Reply #420 on: July 14, 2024, 07:37:51 AM »

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Re: Future of Bitcoin
« Reply #421 on: July 14, 2024, 08:44:30 AM »
I am very sorry that there is some ambiguity in my statement. Adopting this strategy is impossible for those on whom someone else is dependent (his family). But it may be possible to invest in this way for those who are bachelors, on whom no one else is dependent or liable. I am not saying it is possible for everyone. I think investing in this method is the hardest thing to do, and it has some risk but it is not impossible.

I would not advise anyone to invest in this method. Because to invest in this strategy, you have to start investing with the possibility of risk in mind. Which only a brave person can do. Sometimes you have to take bold steps to succeed. But if one adopts this strategy then invest in this strategy at own risk.

I understand what you wanted to say in your post, no problem. I just wanted to make it clear that not everyone can use the same strategy when investing since not everyone lives in the same circumstances, and I think that's something that people should always plan for from the beginning, since unpleasant surprises and problems can come later. You don't have to apologize, I know your post was focused on a specific sector of the investing population, don't worry.
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Re: Future of Bitcoin
« Reply #421 on: July 14, 2024, 08:44:30 AM »

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Offline silkytakyaan86

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Re: Future of Bitcoin
« Reply #422 on: July 19, 2024, 10:26:48 AM »
Bitcoin which is considered the king of the crypto industry, we can imagine that offcourse its future will be bright

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Re: Future of Bitcoin
« Reply #423 on: July 22, 2024, 05:06:41 PM »
I can say without any hesitation that the future of Bitcoin is going to be super. Most of the crypto market depends on Bitcoin. Whenever there is a rise in the market, Bitcoin creates a new history of its rate every time.
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Re: Future of Bitcoin
« Reply #424 on: July 23, 2024, 08:15:26 PM »
I can say without any hesitation that the future of Bitcoin is going to be super. Most of the crypto market depends on Bitcoin. Whenever there is a rise in the market, Bitcoin creates a new history of its rate every time.
The Crypto Market until now is still dependent on the Bitcoin performance, if the price of Bitcoin goes up we see almost all Altcoin prices will rise especially Top Coin. I wasn't so seeing the price of coin coins other than top coins because I only focused on top coins for trading. You are right if you say Bitcoin will have a good future, because today is proof of the first Bitcoin future when it was disbursed many Bitcoin doubted it.

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Re: Future of Bitcoin
« Reply #425 on: July 23, 2024, 08:57:06 PM »
I can say without any hesitation that the future of Bitcoin is going to be super. Most of the crypto market depends on Bitcoin. Whenever there is a rise in the market, Bitcoin creates a new history of its rate every time.
The Crypto Market until now is still dependent on the Bitcoin performance, if the price of Bitcoin goes up we see almost all Altcoin prices will rise especially Top Coin. I wasn't so seeing the price of coin coins other than top coins because I only focused on top coins for trading. You are right if you say Bitcoin will have a good future, because today is proof of the first Bitcoin future when it was disbursed many Bitcoin doubted it.
To sum everything up, bitcoin is the king of all crypto, wherever it goes in price(uptrend or downtrend), others follow. Without bitcoin today, so many altcoins wouldn't be known, talk more of existence. We get to know about digital currency today, all because bitcoin existed. No bitcoin today that ends the existence of crypto.

Having said that, the future looks much brighter with bitcoin since we are in a digital era. The era is not stopping soon, so its bitcoin

Offline Roseline492

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Re: Future of Bitcoin
« Reply #426 on: July 24, 2024, 07:57:06 PM »
I can say without any hesitation that the future of Bitcoin is going to be super. Most of the crypto market depends on Bitcoin. Whenever there is a rise in the market, Bitcoin creates a new history of its rate every time.

Of course the future of Bitcoin is very transparent for people to easily see through it, this is the reason why in terms of investment people shouldn't consider investment based on the profits it could yield for for them within a short period of time but instead they should think outside the box on what the potential of that coin will be, so actually only the future alone should prove to everyone that Bitcoin investment is actually the best that would possibly to someone in terms of investment.

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Re: Future of Bitcoin
« Reply #426 on: July 24, 2024, 07:57:06 PM »


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Re: Future of Bitcoin
« Reply #427 on: July 25, 2024, 12:20:32 AM »
I can say without any hesitation that the future of Bitcoin is going to be super. Most of the crypto market depends on Bitcoin. Whenever there is a rise in the market, Bitcoin creates a new history of its rate every time.

What does "rate" mean in your sentence, "Bitcoin creates a new history of its rate every time."

It doesn't matter if you answer or not, what is true is that you cannot assert something that has not happened, at least it would have to be defined, in fact we may be in the peak stage of bitcoin, so the future It may be uncertain, that is, how "success" is defined for bitcoin.

There is a scenario where bitcoin becomes very popular as a payment system, but that does not necessarily imply that its success is measured by the price to the moon.

Bitcoin has an incredible present, think about it, it seems that it does not need more, consequently, assuming that the future of Bitcoin is going to be spectacular, it is speculation, of course, certainly it would be spectacular in that idea...

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Re: Future of Bitcoin
« Reply #428 on: July 25, 2024, 03:50:36 AM »
I can say without any hesitation that the future of Bitcoin is going to be super. Most of the crypto market depends on Bitcoin. Whenever there is a rise in the market, Bitcoin creates a new history of its rate every time.

Of course the future of Bitcoin is very transparent for people to easily see through it, this is the reason why in terms of investment people shouldn't consider investment based on the profits it could yield for for them within a short period of time but instead they should think outside the box on what the potential of that coin will be, so actually only the future alone should prove to everyone that Bitcoin investment is actually the best that would possibly to someone in terms of investment.

The longer the better and the bigger the rewards are. Of course there are many crypto that might give us good profits. But Bitcoin is very different. We already know that it has the support of crypto enthusiast, and even if others says that marketcap is not a good gauge, you just have to look at how dominant Bitcoin is.

And then we have big personalities as well in the market, we call them whales. These are individuals or institutions that have deeper pockets. And for sure they will not go all-in in crypto if this smart whales doesn't think that Bitcoin can give them profits or better return of their investments. So as average joe, we should follow their lead and we shouldn't have doubts about our Bitcoin investments.
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Offline Dr.Bitcoin_Strange

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Re: Future of Bitcoin
« Reply #429 on: July 25, 2024, 05:16:09 AM »
I can say without any hesitation that the future of Bitcoin is going to be super. Most of the crypto market depends on Bitcoin. Whenever there is a rise in the market, Bitcoin creates a new history of its rate every time.

Of course the future of Bitcoin is very transparent for people to easily see through it, this is the reason why in terms of investment people shouldn't consider investment based on the profits it could yield for for them within a short period of time but instead they should think outside the box on what the potential of that coin will be, so actually only the future alone should prove to everyone that Bitcoin investment is actually the best that would possibly to someone in terms of investment.
I think people that will mostly see this transparent future are those who have benefited from Bitcoin over the years, or those who have already followed up Bitcoin for years now and have seen its long-term potentials or what it looks like, if you're telling people who haven't really seen but we're just told of how amazing Bitcoin is, it may be pretty hard for them to see the big picture, and that's the reason why most people run to shitcoins for profit, because they've seen one or two persons around them who has benefited and maybe testified of how much profits they've made via shitcoins.

You're absolutely right, Bitcoin should be considered for its long-term potentials rather than the short-term because Bitcoin investment requires patience, self control and consistency. Patience to be able to HODL the coin for a long-term without being dismayed by short-term fluctuations, Self control to be able to prevent yourself from dipping into your investment whenever you see profits rather than waiting till your set time is over, and Consistency to continue accumulating Bitcoin even in unfavourable market conditions because you know fully well that the market would bounce back and give you even more profits.

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Re: Future of Bitcoin
« Reply #430 on: July 25, 2024, 08:06:00 PM »
To sum everything up, bitcoin is the king of all crypto, wherever it goes in price(uptrend or downtrend), others follow. Without bitcoin today, so many altcoins wouldn't be known, talk more of existence. We get to know about digital currency today, all because bitcoin existed. No bitcoin today that ends the existence of crypto.

Having said that, the future looks much brighter with bitcoin since we are in a digital era. The era is not stopping soon, so its bitcoin

Bitcoin is termed as the king because other coins are following it and whatever is experienced by Bitcoin so other coins will also go through the same condition. People are accepting crypto investment due to the success of Bitcoin and if there was no Bitcoin then it was not possible that other coins would go to such a successful stage.

It is true that Bitcoin will show more success in coming years but investors are now waiting for 2025 as many people believe that the real bull season will take place in 2025 so let's see what will happen in the coming year. In the past there was not such a large number of crypto investors but due to increasing success of Bitcoin have impacted on the success of other coins too therefore the number of investors also increased.
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Offline dekafee79

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Re: Future of Bitcoin
« Reply #431 on: July 25, 2024, 10:58:29 PM »
I can say without any hesitation that the future of Bitcoin is going to be super. Most of the crypto market depends on Bitcoin. Whenever there is a rise in the market, Bitcoin creates a new history of its rate every time.
The Crypto Market until now is still dependent on the Bitcoin performance, if the price of Bitcoin goes up we see almost all Altcoin prices will rise especially Top Coin. I wasn't so seeing the price of coin coins other than top coins because I only focused on top coins for trading. You are right if you say Bitcoin will have a good future, because today is proof of the first Bitcoin future when it was disbursed many Bitcoin doubted it.
To sum everything up, bitcoin is the king of all crypto, wherever it goes in price(uptrend or downtrend), others follow. Without bitcoin today, so many altcoins wouldn't be known, talk more of existence. We get to know about digital currency today, all because bitcoin existed. No bitcoin today that ends the existence of crypto.

Having said that, the future looks much brighter with bitcoin since we are in a digital era. The era is not stopping soon, so its bitcoin
agree with you, crypto currency is currently becoming famous because of bitcoin as a pioneer and whatever happens to bitcoin will affect other coins. altcoins. that is the function of the king. Bitcoin will always be the king and center of crypto currency until one day someone replaces it, we don't know when that will happen.

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Re: Future of Bitcoin
« Reply #432 on: July 25, 2024, 11:11:53 PM »
agree with you, crypto currency is currently becoming famous because of bitcoin as a pioneer and whatever happens to bitcoin will affect other coins. altcoins. that is the function of the king. Bitcoin will always be the king and center of crypto currency until one day someone replaces it, we don't know when that will happen.
Crypto has been popular since several years ago, people already realized the potential of crypto coins in the future. Bitcoin can increase drastically and meme coins can skyrocket, this makes the crypto getting popular among people around the world. Sure, Bitcoin remains the king of crypto coins, that's why people always prioritize to invest in Bitcoin. However, Bitcoin can't survive alone, the support of altcoins is also needed. So, we can assume that Bitcoin and altcoins should have the same future.  ;)


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Re: Future of Bitcoin
« Reply #433 on: July 25, 2024, 11:53:14 PM »
agree with you, crypto currency is currently becoming famous because of bitcoin as a pioneer and whatever happens to bitcoin will affect other coins. altcoins. that is the function of the king. Bitcoin will always be the king and center of crypto currency until one day someone replaces it, we don't know when that will happen.
Crypto has been popular since several years ago, people already realized the potential of crypto coins in the future. Bitcoin can increase drastically and meme coins can skyrocket, this makes the crypto getting popular among people around the world. Sure, Bitcoin remains the king of crypto coins, that's why people always prioritize to invest in Bitcoin. However, Bitcoin can't survive alone, the support of altcoins is also needed. So, we can assume that Bitcoin and altcoins should have the same future.  ;)
I agree with you when you say that Bitcoin cannot stand alone and must work together with altcoins to complement each other to make Bitcoin more famous than it is now. If you look at the beginning of Bitcoin's launch, Bitcoin faced many negative issues. but after many altcoins were launched, bitcoin became increasingly strong and popular, that is the function of bitcoin as the pioneer and king of crypto currency

Offline Trongduy

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Re: Future of Bitcoin
« Reply #434 on: July 26, 2024, 04:00:01 AM »
Bitcoin undoubtedly has a bright future ahead. However, it's important to remember that its price is not always a win-win situation. Sometimes, Bitcoin's price is encouraging, while at other times, it can be disappointing. The all-time high of $68,000 might seem like the peak, but it is clearly temporary as the market continues to grow over time. Although I am not a market analyst, I believe that 2025 could bring a new all-time high for all of us.
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MIX.NOW
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