Future of Bitcoin

[Dr.Bitcoin_Strange]

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.

Bitcoin is a very nice investment and should be taken seriously, Bitcoin has made a lot of people rich and you can only benefit from Bitcoin when you are consistent in your accumulation and also patient, a lot of investors has there own strategy they use to invest in Bitcoin and any strategy you feel is better for you is okay, however investors always change strategy as time goes on because they may discover another strategy that will be more comfortable for them at there level of success in Bitcoin for example there are people who has been using the DCA strategy to accumulate Bitcoin for years and when they discovered the have accumulated enough they may there strategy of accumulation to waiting for a dip.
Bitcoin investment is a very good investment and it gives you peace of mind, some people believe Bitcoin will not grow and some believe Bitcoin has gotten to it limit that it won't pass that limit which is not true Bitcoin has not reached half of it's growth and it will keep growing bigger and better.
Other coins depends on Bitcoin for there growth when there's a dip in Bitcoin is will affect a lot of coins and when there's an increase in Bitcoin price it will also affect other coins, some newbies into Bitcoin investment needs to go through the history of Bitcoin and try to know how Bitcoin works, when there's a dip in Bitcoin some newbies start to panic and is only those newbie that don't know how Bitcoin works that always panic that is why I advise newbies to know how Bitcoin works they should go through the history.

[de_prof]

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.

Bitcoin is a very nice investment and should be taken seriously, Bitcoin has made a lot of people rich and you can only benefit from Bitcoin when you are consistent in your accumulation and also patient, a lot of investors has there own strategy they use to invest in Bitcoin and any strategy you feel is better for you is okay, however investors always change strategy as time goes on because they may discover another strategy that will be more comfortable for them at there level of success in Bitcoin for example there are people who has been using the DCA strategy to accumulate Bitcoin for years and when they discovered the have accumulated enough they may there strategy of accumulation to waiting for a dip.
Bitcoin investment is a very good investment and it gives you peace of mind, some people believe Bitcoin will not grow and some believe Bitcoin has gotten to it limit that it won't pass that limit which is not true Bitcoin has not reached half of it's growth and it will keep growing bigger and better.
Other coins depends on Bitcoin for there growth when there's a dip in Bitcoin is will affect a lot of coins and when there's an increase in Bitcoin price it will also affect other coins, some newbies into Bitcoin investment needs to go through the history of Bitcoin and try to know how Bitcoin works, when there's a dip in Bitcoin some newbies start to panic and is only those newbie that don't know how Bitcoin works that always panic that is why I advise newbies to know how Bitcoin works they should go through the history.

Each person has their own strategy that makes them sure they will get faster and bigger results. Some use the DCA method to buy coins in stages. There are those who only buy when they are bearish and hold long term until the bullish season. I also see many who do daily trading to get daily profits. Everything is adjusted to the abilities, skills and knowledge we have.

[NikeFit_7777]

Historically, bitcoin has seen exponential growth during bull cycles, but each of them has also seen numerous major corrections, Glassnode analysts said in a new report.

In the current bull cycle, which began in November 2022, the exchange rate has risen nearly four times from the lows. In past cycles (2015-2017 and 2018-2021), the quote rose 100 times and 20 times, respectively.

The previous cycles saw an average of:

- 9 drawdowns in the 5%-20% range;
- 3 drawdowns in the 20-40% range;
- 1 drawdown in the range of 40-70%.

In the current cycle observed:

- 8 drawdowns in the 5%-20% range;
- 2 drawdowns in the range of 20%-30%
- No drawdowns of more than 30%

[doc]

Each person has their own strategy that makes them sure they will get faster and bigger results. Some use the DCA method to buy coins in stages. There are those who only buy when they are bearish and hold long term until the bullish season. I also see many who do daily trading to get daily profits. Everything is adjusted to the abilities, skills and knowledge we have.

In investing in Crypto many strategies and methods that we can do, adjusted to the beliefs and ideas that we have. Some have the goodness of being a professional trader, they prefer daily trading. There are also those who choose to become a holder. DCA is done for those who have limited capital to add to their coin collections, that is also a good method to use, if we can have income on weekly or daily crypto.

[pieppiep]

Each person has their own strategy that makes them sure they will get faster and bigger results. Some use the DCA method to buy coins in stages. There are those who only buy when they are bearish and hold long term until the bullish season. I also see many who do daily trading to get daily profits. Everything is adjusted to the abilities, skills and knowledge we have.

In investing in Crypto many strategies and methods that we can do, adjusted to the beliefs and ideas that we have. Some have the goodness of being a professional trader, they prefer daily trading. There are also those who choose to become a holder. DCA is done for those who have limited capital to add to their coin collections, that is also a good method to use, if we can have income on weekly or daily crypto.

The methods that are currently circulating are too many, we must learn to choose several methods that can give us profit. If we choose the DCA method, this is a method that is quite appropriate for buying bitcoin. So far the DCA method is suitable for bitcoin because the influence of the very limited supply of bitcoin so that when availability is limited and demand is high, it will increase the price of Bitcoin and we can take advantage of the movement of the bitcoin price to make a profit with the DCA method.

[babo]

and



right now according to this old model we are below
Just out of curiosity, I don't think anyone considers the S2F a valid model

[Dr.Bitcoin_Strange]

Each person has their own strategy that makes them sure they will get faster and bigger results. Some use the DCA method to buy coins in stages. There are those who only buy when they are bearish and hold long term until the bullish season. I also see many who do daily trading to get daily profits. Everything is adjusted to the abilities, skills and knowledge we have.

In investing in Crypto many strategies and methods that we can do, adjusted to the beliefs and ideas that we have. Some have the goodness of being a professional trader, they prefer daily trading. There are also those who choose to become a holder. DCA is done for those who have limited capital to add to their coin collections, that is also a good method to use, if we can have income on weekly or daily crypto.

Yeah there are a lot of strategy one can use to invest in Bitcoin and become successful like you said trading is one of them, and trading is very difficult it takes time for one to become an expert in trading a lot of people go into it and go out because of how difficult it is, you will have to lose money when you start trading, i have a friend when he started trading he first went for training for some time and after the training he started trading and he was losing money he tried and tired and he even wanted to give up but he continued and now he has become an expert and he is making a lot of money now, so in trading you need to be very smart and you need to check the market everyday so you can know what is happening if the coin you are trading is going up in price or coming down in price.
If you are into Long term Bitcoin investment you won't bother yourself with checking the market always and in Long term Bitcoin investment you will have peace of mind unlike trading were you will be thinking about your prediction, in long term Bitcoin investment there's low risk of losing your money but in trading there's high risk.

When you said DCA strategy is for those who have limited capital is not true there are people who are very rich but choose to accumulate Bitcoin using DCA strategy so they will have freedom to invest in other things and they use huge amount of money to invest in Bitcoin weekly or monthly so DCA is not only for those who has limited capital is for the rich also, there are people who are buying Bitcoin worth $3k monthly or even weekly and is still DCA strategy they are using.

[Azharul]

Bitcoin is one of the best valuable crypto in crypto world. I think its future will be best profitable in cryptocurrency market. If we invest in bitcoin, i think that it is the correct decision for me. But if we cannot understand in the cryptocurrency market, then we will loss in this crypto. So if we buy bitcoin then we notice the market prices in bitcoin. So when we saw the market price is down, we should buy this crypto, another when we saw the market prices is his then we can sell it. But sometimes we will be curious, when we saw the market prices is down. So we must wait to increase its market prices. At last we told that bitcoin future is very well.

[Metha Wulandarin]

Bitcoin is currently priced at $59,492.55, it is about to cross 60K again. We expect to see 75K+ within this month. If there aren't any more dumps, and if it continues at a normal pace, I might see 75k+ within this month, what do you think? Is there any possibility of it going to 75k+ within this month?

I'm not very good at analyzing price movements but hopefully what you say is true because I also really hope Bitcoin can be at the price of $70k again, maybe it's not just me who expects Bitcoin to rise to $70k again but many people also have the same hopes with Bitcoin.

[nakmantu99]

Bitcoin is currently priced at $59,492.55, it is about to cross 60K again. We expect to see 75K+ within this month. If there aren't any more dumps, and if it continues at a normal pace, I might see 75k+ within this month, what do you think? Is there any possibility of it going to 75k+ within this month?

I'm not very good at analyzing price movements but hopefully what you say is true because I also really hope Bitcoin can be at the price of $70k again, maybe it's not just me who expects Bitcoin to rise to $70k again but many people also have the same hopes with Bitcoin.

Almost all bitcoin holders will wait and hope that the price of bitcoin will soon touch $70K, but it is likely to happen in September because I see bitcoin has experienced an upward movement even though it is still far from $70K. I am also not a good and smart analyst, I am still learning in the crypto world.

[kulkhan]

Bitcoin is father of all Cryptocurrency. I think now neat about 4k currency available in cryptocurrency market which created by following Bitcoin. Bitcoin is now well established coin. Huge poplar now Bitcoin. Day by day Bitcoin credibility increasing. I think It's future is bright. I think if Bitcoin fall anyhow then total cryptocurrency market will be destroy. So i think it future are secured and Bitcoin will mot fall. It could br happen it’s price will go down but it never will destroy.
So i never though about Bitcoin's future. Even we are seeing gradually Bitcoin's price and volume are increasing.

[nakmantu99]

Bitcoin is father of all Cryptocurrency. I think now neat about 4k currency available in cryptocurrency market which created by following Bitcoin. Bitcoin is now well established coin. Huge poplar now Bitcoin. Day by day Bitcoin credibility increasing. I think It's future is bright. I think if Bitcoin fall anyhow then total cryptocurrency market will be destroy. So i think it future are secured and Bitcoin will mot fall. It could br happen it’s price will go down but it never will destroy.
So i never though about Bitcoin's future. Even we are seeing gradually Bitcoin's price and volume are increasing.

As the king of crypto, bitcoin has always been the center of altcoin. Other coins will always follow the movement of bitcoin. If the price of bitcoin falls, the price of altcoin will follow. Bitcoin will have a bright future, because bitcoin has proven so far.

[NikeFit_7777]

The day before yesterday, the average transaction fee in the blockchain of the first cryptocurrency jumped more than 10 times - from $0.74 to $7.7. Since July, average commissions have remained relatively stable, staying below the $2 mark, and on August 18, the commission reached a local low of $0.56.

The current growth of commissions occurred against the background of excitement around the Babylon steaking protocol.

Link: https://www.blockchain.com/explorer/charts/transaction-fees-usd?timespan=1year

[Dr.Bitcoin_Strange]

Bitcoin is currently priced at $59,492.55, it is about to cross 60K again. We expect to see 75K+ within this month. If there aren't any more dumps, and if it continues at a normal pace, I might see 75k+ within this month, what do you think? Is there any possibility of it going to 75k+ within this month?

I'm not very good at analyzing price movements but hopefully what you say is true because I also really hope Bitcoin can be at the price of $70k again, maybe it's not just me who expects Bitcoin to rise to $70k again but many people also have the same hopes with Bitcoin.

I don't think we should be worried too much about Bitcoin hitting $70k because it will happen what we should concentrate on now is accumulating as many Bitcoin as possible now that Bitcoin is still on this price because very soon it will even hit $100k, Bitcoin is one of the best investment right now in the world and the best crypto coin and the first crypto coin to be created if you go through the his of Bitcoin you will know that it's rising to $70k is not even a problem we should be talking about it hitting $100.
Some people feels is not possible for Bitcoin to hit $100k and i ask why will someone feel like that if you go through the his of Bitcoin growth you will know that reach $100k is very much possible is already close to it and it will get to it and pass it to too. People who will feel like this are people who don't understand how Bitcoin works and who don't know the history of Bitcoin growth and how everything started, 10 years ago some set of people had the opportunity to invest in Bitcoin but refused because they believe Bitcoin will never be valuable and today they are on deep regret and bitterness because Bitcoin surprised them those who took the opportunity and was very serious with Bitcoin accumulation are now rich and successful in life.
I have a friend who i introduced to Bitcoin investment he refused to invest because he said Bitcoin will fall and those that invested there money will all cry and he said never will he invest as time goes on he started regretting and today he is now investing in Bitcoin.
So i don't think we should be worried about the rise of Bitcoin to a certain level or price because Bitcoin will keep growing bigger and better, Bitcoin has not reached half of it's growth limit so all we should be thinking about now is how to accumulate more.
A dip in Bitcoin should be seen as an opportunity to accumulate more Bitcoin and not as something we should be panicking about.

[babo]

the fees have returned to being normal in the last 24 hours (I keep them monitored) in fact I wouldn't say normal, they have returned to being very low

these fees are useful for those who want to optimize future fees by merging the UTXOs into a single transaction
take advantage of it now