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Author Topic: Future of Bitcoin  (Read 62536 times)

Offline Jamal Aezaz

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Re: Future of Bitcoin
« Reply #465 on: August 08, 2024, 09:17:28 PM »
Buying bitcoin little by little using the DCA method is the best way to do it because we can have a buying target every week. Because the price of bitcoin is already expensive, if we have limited funds we can buy it in stages. Many people believe Bitcoin will have a bright future and will be more expensive in the future if we decide to hold Bitcoin for the long term.

It is not possible for everyone to buy every week because Bitcoin is not a cheap coin that every person can buy on a weekly basis but few individuals can do it who have a good amount of income. This time the price of Bitcoin is less expensive for those who are making investment on a regular basis in Bitcoin as it is 55k$ so moneyed people can easily make investments.

Yes there is no doubt that Bitcoin will be more successful in future and all those who have made investment at a lower rate will have better luck than those who have bought Bitcoin at a rate higher than 60k$. If someone wants to have a successful future then there is nothing more profitable than Bitcoin but for it you have to be patient as well as should have command on your emotions.
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Re: Future of Bitcoin
« Reply #465 on: August 08, 2024, 09:17:28 PM »

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Offline Captain Corporate

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Re: Future of Bitcoin
« Reply #466 on: August 08, 2024, 09:18:19 PM »
Looking at how awesome it is right now and how we are making some good returns, I would have to say that its going to be similar to this anytime we go down, so we shouldn't really be worried about it if you ask me. I understand that it may feel like its not that great at times, but usually its at least this good and we should be happy about it. I have seen way too many people reacting as if we are going to go down forever, like keep doing down so much that we will go under 40k as well, but I laughed all those and as we can see I was right and they were wrong because this is what bitcoin does.

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Re: Future of Bitcoin
« Reply #466 on: August 08, 2024, 09:18:19 PM »

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Re: Future of Bitcoin
« Reply #467 on: August 09, 2024, 12:23:52 PM »
Buying bitcoin little by little using the DCA method is the best way to do it because we can have a buying target every week. Because the price of bitcoin is already expensive, if we have limited funds we can buy it in stages. Many people believe Bitcoin will have a bright future and will be more expensive in the future if we decide to hold Bitcoin for the long term.

It is not possible for everyone to buy every week because Bitcoin is not a cheap coin that every person can buy on a weekly basis but few individuals can do it who have a good amount of income. This time the price of Bitcoin is less expensive for those who are making investment on a regular basis in Bitcoin as it is 55k$ so moneyed people can easily make investments.

Yes there is no doubt that Bitcoin will be more successful in future and all those who have made investment at a lower rate will have better luck than those who have bought Bitcoin at a rate higher than 60k$. If someone wants to have a successful future then there is nothing more profitable than Bitcoin but for it you have to be patient as well as should have command on your emotions.
Is very much possible for people to invest into Bitcoin every week, those that are been paid weekly can remove a particular percentage of Bitcoin accumulation and even those that are been paid monthly can also remove a percentage that they will use weekly to accumulate Bitcoin, those investors that uses the DCA strategy and are very consistent what do you think they are doing, some of them invest weekly, there are people who takes Bitcoin investment very serious.
And mind you Bitcoin is expensive those not mean people can't purchase any little account they want to weekly someone can decide to purchase $5 of Bitcoin or even lower amount for example $1, so don't feel because 1 Bitcoin is expensive one can't buy Bitcoin.
Bitcoin is divided into small units and that makes it possible for everyone to purchase as small as one can.
This is one reason Bitcoin is seen as one of the best investment in the world, because no matter how some one's salary is he or she can start accumulating Bitcoin little by little.

Bitcoin is a great investment and is good for everyone to join, and yeah those that bought in the dip are lucky, but that those not mean that one will always wait for a dip before one can invest, a lot of people are always waiting for Bitcoin to fall before they can buy, it is better you keep buying even when there's no dip it will make you accumulate enough Bitcoin.

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Re: Future of Bitcoin
« Reply #468 on: August 11, 2024, 01:01:27 PM »

Is very much possible for people to invest into Bitcoin every week, those that are been paid weekly can remove a particular percentage of Bitcoin accumulation and even those that are been paid monthly can also remove a percentage that they will use weekly to accumulate Bitcoin, those investors that uses the DCA strategy and are very consistent what do you think they are doing, some of them invest weekly, there are people who takes Bitcoin investment very serious.
And mind you Bitcoin is expensive those not mean people can't purchase any little account they want to weekly someone can decide to purchase $5 of Bitcoin or even lower amount for example $1, so don't feel because 1 Bitcoin is expensive one can't buy Bitcoin.
Bitcoin is divided into small units and that makes it possible for everyone to purchase as small as one can.
This is one reason Bitcoin is seen as one of the best investment in the world, because no matter how some one's salary is he or she can start accumulating Bitcoin little by little.

Bitcoin is a great investment and is good for everyone to join, and yeah those that bought in the dip are lucky, but that those not mean that one will always wait for a dip before one can invest, a lot of people are always waiting for Bitcoin to fall before they can buy, it is better you keep buying even when there's no dip it will make you accumulate enough Bitcoin.
If you want to gradually increase your bitcoin collection, we can use the DCA method. This is good to do, but there are also those who wait for the bitcoin price to drop to buy bitcoin, this is also good. Because everyone has their own strategy and method in investing. I also do both. Sometimes I also buy a lot when the bitcoin price experiences a sharp decline, but I also make bitcoin purchases using the DCA method.

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Re: Future of Bitcoin
« Reply #469 on: August 11, 2024, 03:05:50 PM »

Is very much possible for people to invest into Bitcoin every week, those that are been paid weekly can remove a particular percentage of Bitcoin accumulation and even those that are been paid monthly can also remove a percentage that they will use weekly to accumulate Bitcoin, those investors that uses the DCA strategy and are very consistent what do you think they are doing, some of them invest weekly, there are people who takes Bitcoin investment very serious.
And mind you Bitcoin is expensive those not mean people can't purchase any little account they want to weekly someone can decide to purchase $5 of Bitcoin or even lower amount for example $1, so don't feel because 1 Bitcoin is expensive one can't buy Bitcoin.
Bitcoin is divided into small units and that makes it possible for everyone to purchase as small as one can.
This is one reason Bitcoin is seen as one of the best investment in the world, because no matter how some one's salary is he or she can start accumulating Bitcoin little by little.

Bitcoin is a great investment and is good for everyone to join, and yeah those that bought in the dip are lucky, but that those not mean that one will always wait for a dip before one can invest, a lot of people are always waiting for Bitcoin to fall before they can buy, it is better you keep buying even when there's no dip it will make you accumulate enough Bitcoin.
If you want to gradually increase your bitcoin collection, we can use the DCA method. This is good to do, but there are also those who wait for the bitcoin price to drop to buy bitcoin, this is also good. Because everyone has their own strategy and method in investing. I also do both. Sometimes I also buy a lot when the bitcoin price experiences a sharp decline, but I also make bitcoin purchases using the DCA method.
Depositing Bitcoin with the DCA method is an ideal method as investors of all levels can start depositing regularly from their disposable income and grow their stacks over a long period of time regardless of price. Wealthy investors may have an opportunity to invest in a lump sum but relatively poor or middle class investors can accumulate bitcoins in the DCA strategy and own fractions to a full bitcoin. Aggressive buying during bearish times can definitely be positive for you which makes bitcoin stash grow faster but you should have floating cash on hand as you may need emergency funds. The higher the amount of cash you have, the safer you can keep your Bitcoin holdings as you can use your cash for emergencies without any withdrawals.
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Re: Future of Bitcoin
« Reply #470 on: August 11, 2024, 10:51:57 PM »
If you want to gradually increase your bitcoin collection, we can use the DCA method. This is good to do, but there are also those who wait for the bitcoin price to drop to buy bitcoin, this is also good. Because everyone has their own strategy and method in investing. I also do both. Sometimes I also buy a lot when the bitcoin price experiences a sharp decline, but I also make bitcoin purchases using the DCA method.
Do the DCA method doesn't mean to buy every time, mate. People who use DCA method also wait for the dump or correction to buy Bitcoin. Sure, DCA is a good way to use, specifically for the people who have limited money. If we have a lot of money, we don't need to use DCA, we can buy a big number of Bitcoin at once (when market drops). By the way, I agree that every one has their own strategy to collect Bitcoin. Whether we use DCA or another way, it is no problem as long as we know when the right time to buy Bitcoin. Always do a research or anlysis to determine the good time to buy Bitcoin.  ;)

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Offline debra

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Re: Future of Bitcoin
« Reply #471 on: August 11, 2024, 11:27:37 PM »
Yes there is no doubt that Bitcoin will be more successful in future and all those who have made investment at a lower rate will have better luck than those who have bought Bitcoin at a rate higher than 60k$. If someone wants to have a successful future then there is nothing more profitable than Bitcoin but for it you have to be patient as well as should have command on your emotions.
Although Bitcoin is a trusted coin, but it is still a high risk investment. Bitcoin investment never guarantees a success, it depends on us. Even if the price is still quite cheap now, we don't invest all our money in Bitcoin. I think we must be wise to divide our money for several purposes. If you have 100000$, you don't need to use all the money to Bitcoin. I suggest to use 50000 for Bitcoin and 50000 for investment in real life such as Gold, lands, or other safe investments. As an investor, we must have a good mentality, we don't rely on a single investment. Diversification is needed to ensure the success in the future.  :)


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Re: Future of Bitcoin
« Reply #471 on: August 11, 2024, 11:27:37 PM »


Offline rizqillah

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Re: Future of Bitcoin
« Reply #472 on: August 12, 2024, 07:15:12 AM »
Yes there is no doubt that Bitcoin will be more successful in future and all those who have made investment at a lower rate will have better luck than those who have bought Bitcoin at a rate higher than 60k$. If someone wants to have a successful future then there is nothing more profitable than Bitcoin but for it you have to be patient as well as should have command on your emotions.
Although Bitcoin is a trusted coin, but it is still a high risk investment. Bitcoin investment never guarantees a success, it depends on us. Even if the price is still quite cheap now, we don't invest all our money in Bitcoin. I think we must be wise to divide our money for several purposes. If you have 100000$, you don't need to use all the money to Bitcoin. I suggest to use 50000 for Bitcoin and 50000 for investment in real life such as Gold, lands, or other safe investments. As an investor, we must have a good mentality, we don't rely on a single investment. Diversification is needed to ensure the success in the future.  :)
We should diversify our investments, I agree with those of you who divide investments in the real world and crypto.  But if I invest more in crypto than investing in cyberspace, because it is more profitable to invest in crypto.  Although the risks are also greater.

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Re: Future of Bitcoin
« Reply #473 on: August 12, 2024, 07:18:39 AM »
Yes there is no doubt that Bitcoin will be more successful in future and all those who have made investment at a lower rate will have better luck than those who have bought Bitcoin at a rate higher than 60k$. If someone wants to have a successful future then there is nothing more profitable than Bitcoin but for it you have to be patient as well as should have command on your emotions.
Although Bitcoin is a trusted coin, but it is still a high risk investment. Bitcoin investment never guarantees a success, it depends on us. Even if the price is still quite cheap now, we don't invest all our money in Bitcoin. I think we must be wise to divide our money for several purposes. If you have 100000$, you don't need to use all the money to Bitcoin. I suggest to use 50000 for Bitcoin and 50000 for investment in real life such as Gold, lands, or other safe investments. As an investor, we must have a good mentality, we don't rely on a single investment. Diversification is needed to ensure the success in the future.  :)
I totally agree with you. It is not a good idea for an investor to invest most of his wealth in Bitcoin, he must have a pile of real assets. It is also important for him to keep floating cash as he may have urgent needs at any time such as job loss, accident or physical illness etc. Accumulating Bitcoin in the DCA method is an ideal idea as any amount can be accumulated monthly from disposable income and over a long period of time one can own a large holding.
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Offline dekafee79

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Re: Future of Bitcoin
« Reply #474 on: August 14, 2024, 05:34:14 PM »

I totally agree with you. It is not a good idea for an investor to invest most of his wealth in Bitcoin, he must have a pile of real assets. It is also important for him to keep floating cash as he may have urgent needs at any time such as job loss, accident or physical illness etc. Accumulating Bitcoin in the DCA method is an ideal idea as any amount can be accumulated monthly from disposable income and over a long period of time one can own a large holding.
Many people use the DCA method to collect bitcoins gradually. I also did that and got good results. but sometimes I also buy when the market experiences a correction if I still have the funds to buy it. Bitcoin will always be profitable if we buy it when the price is still low and hold it.

Offline Dr.Bitcoin_Strange

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Re: Future of Bitcoin
« Reply #475 on: August 16, 2024, 10:58:22 AM »

I totally agree with you. It is not a good idea for an investor to invest most of his wealth in Bitcoin, he must have a pile of real assets. It is also important for him to keep floating cash as he may have urgent needs at any time such as job loss, accident or physical illness etc. Accumulating Bitcoin in the DCA method is an ideal idea as any amount can be accumulated monthly from disposable income and over a long period of time one can own a large holding.
Many people use the DCA method to collect bitcoins gradually. I also did that and got good results. but sometimes I also buy when the market experiences a correction if I still have the funds to buy it. Bitcoin will always be profitable if we buy it when the price is still low and hold it.
Yeah DCA strategy is a very good Bitcoin investment strategy, waiting for a dip to happen before one buys Bitcoin is not a good one because waiting for a dip to happen first before accumulating will delay your accumulation, if you want to hold for a very long time why waiting for a dip to happen first before buying for me I believe people who are waiting for a dip to happen before they can invest really don't believe in Bitcoin growth because if you believe Bitcoin can hit $150k buying Bitcoin at the price it is now won't be a problem, if you are holding Bitcoin for a very long time I don't think you should bother to wait for a dip.
When you are using the DCA strategy to invest in Bitcoin you also need to grow your emergency, reserves and float funds very well, when you have a good reserve fund and there's a dip you can use the reserve funds to buy in the dip.
I have two friends one is using the DCA strategy and he is so consistent in his or her accumulation and the other one only invest or buy Bitcoin whenever there's a dip, this two people the must successful one now is the one using the DCA strategy and who has been consistent in his or her accumulation.

I will advise a newbie to focus on the DCA strategy and be consistent in his or her accumulation, as a newbie waiting for a dip is not a good one, a lot of people become frustrated along the line and that is why waiting for the dip is not good, you may be waiting and a dip will not come so don't waste your time waiting for a dip you are not sure will come if it comes use your reserved fund to buy.

Offline Manna

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Re: Future of Bitcoin
« Reply #476 on: August 16, 2024, 01:35:09 PM »
Opinions and predictions about the future of Bitcoin vary, and it is natural that it has become a major topic of discussion. Bitcoin's Bright Future Prospects. Although the future of Bitcoin is a mystery, it has been established as a powerful technology and valuable asset.  While making investment decisions, it is important to adopt a well-planned strategy based on long-term trends and current market conditions.  Each investor will make decisions according to their own risk tolerance and goals.

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Re: Future of Bitcoin
« Reply #477 on: August 16, 2024, 02:41:15 PM »
This is probably the most discussed in your real life and not only, I also thought many times about what will happen to bitcoin and asked myself the question, would I buy it when it costs $ 1,000,000? Considering that it can fall and grow by 50% within a year, this moment is very stressful and leads to the conclusion that I would not buy it at such a price, considering that it is very volatile and there is no guarantee that you will not lose half of your money if you do not invest in it for many years but only for 1-2 years, which is very little for investing in such an unstable instrument as bitcoin and the entire cryptocurrency, personally I would not buy it so expensive and I generally think that bitcoin should let other cryptocurrencies go ahead that have a very big potential for growth and which are not so expensive, I understand that you can buy 0.0000001 bitcoin)) but who wants to buy some thousandth part? it's just that morally no one wants to own some small piece of something, everyone wants to have something whole and that's why I'm not sure about such growth of bitcoin.

Offline giammangiato

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Re: Future of Bitcoin
« Reply #478 on: August 16, 2024, 04:58:07 PM »
Yeah DCA strategy is a very good Bitcoin investment strategy...

Exactly the Dollar Cost Average that I use is the best. It allows you to deprive yourself of a few dozen dollars or euros, fiat, which you can do without and put them in cryptocurrencies. Anyway guys, inflation erodes the money you put aside. Storing money is useless. Storing crypto = win
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Offline Themepen

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Re: Future of Bitcoin
« Reply #479 on: August 16, 2024, 05:06:14 PM »
Do the DCA method doesn't mean to buy every time, mate. People who use DCA method also wait for the dump or correction to buy Bitcoin. Sure, DCA is a good way to use, specifically for the people who have limited money. If we have a lot of money, we don't need to use DCA, we can buy a big number of Bitcoin at once (when market drops). By the way, I agree that every one has their own strategy to collect Bitcoin. Whether we use DCA or another way, it is no problem as long as we know when the right time to buy Bitcoin. Always do a research or anlysis to determine the good time to buy Bitcoin.  ;)
I agree with this opinion. DCA Dollar Cost Averaging method is mostly misunderstood as it is requiring consistent purchases but it is actually about strategic timing. Even DCA users wait for market downturns or corrections to buy Bitcoin. DCA is ideal for those with limited funds as it allow them to invest regularly without trying to time market. However those with more funds can take advantage of market dips to buy larger amounts at once. Ultimately whether using DCA or another strategy key is understanding when to buy Bitcoin. Research and analysis are important to determine right time to invest and everyone should find approach that works best for them.

 

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