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Author Topic: Future of Bitcoin  (Read 62540 times)

Offline Asiska02

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Re: Future of Bitcoin
« Reply #495 on: September 04, 2024, 12:08:56 AM »
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.

To be a bitcoin analyst require you to understand the market very well, it’s not an easy thing to do and not so many people can be analysts of bitcoin or can predict the market well when it comes to price movements in the market. September is just starting and we still have a long time for this month to be over, from now till end of September is almost still 4 weeks and that time is enough for a rapid push to happen in the market. It doesn’t have to just happen one time, but if bitcoin begins on a trajectory movement upward from now, by end of the month we should be trading above 70K. I’m not expecting anything this month either, I’ve just allowed the market to always be on its own and direct itself to the trend that suits itself. History data are no more major players  in determining prices again.

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Re: Future of Bitcoin
« Reply #495 on: September 04, 2024, 12:08:56 AM »

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Offline babo

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Re: Future of Bitcoin
« Reply #496 on: September 20, 2024, 02:38:37 PM »
in this graph we have the historical return of bitcoin in the annual months
if we count that we are entering the heart of the halving
that the central bank FEd has lowered the cost of money by 50 points
that there will be elections, we will have three really heated months :) in the good sense of the thing

what do you think?

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Re: Future of Bitcoin
« Reply #496 on: September 20, 2024, 02:38:37 PM »

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Offline summonerrk

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Re: Future of Bitcoin
« Reply #497 on: September 21, 2024, 01:08:29 PM »
Could it be that we will soon all realize that with Bitcoin we can do things like Ordinals, slowing the blockchain down to an almost inoperable level? Will we wait for Bitcoin 2.0 or will we accept some altcoin as the new number one cryptocurrency? These questions are still unclear, but relevant...
Empty

Offline nakmantu99

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Re: Future of Bitcoin
« Reply #498 on: September 21, 2024, 02:13:37 PM »


To be a bitcoin analyst require you to understand the market very well, it’s not an easy thing to do and not so many people can be analysts of bitcoin or can predict the market well when it comes to price movements in the market. September is just starting and we still have a long time for this month to be over, from now till end of September is almost still 4 weeks and that time is enough for a rapid push to happen in the market. It doesn’t have to just happen one time, but if bitcoin begins on a trajectory movement upward from now, by end of the month we should be trading above 70K. I’m not expecting anything this month either, I’ve just allowed the market to always be on its own and direct itself to the trend that suits itself. History data are no more major players  in determining prices again.
I also have the same thoughts and predictions as you, I also hope that by the end of September the price of bitcoin will touch $70K, so that in October we can see bitcoin will reach a new ATH, but we cannot predict bitcoin accurately. It could be that bad news will hit bitcoin, causing the price of bitcoin to experience a correction. Hopefully there will be no bad news, our selling target is high at $100k, if there is bad news it is likely that the ATH will not be achieved.

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Re: Future of Bitcoin
« Reply #499 on: September 21, 2024, 04:17:59 PM »
If we have extra money or cold money, then my suggestion is to just buy Bitcoin. Bitcoin has a price cycle of ups and downs in a year, approximately 4 times. We maximize profits by investing and trading Bitcoin, and one thing we need to remember is to never sell the BTC we have at a lower price when we buy it. Because the future of Bitcoin is clear, the price continues to increase over time even though it occasionally experiences corrections.

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Re: Future of Bitcoin
« Reply #500 on: September 21, 2024, 04:49:00 PM »
If we have extra money or cold money, then my suggestion is to just buy Bitcoin. Bitcoin has a price cycle of ups and downs in a year, approximately 4 times. We maximize profits by investing and trading Bitcoin, and one thing we need to remember is to never sell the BTC we have at a lower price when we buy it. Because the future of Bitcoin is clear, the price continues to increase over time even though it occasionally experiences corrections.
I don't think with extra money only worth it for investing in bitcoin but any parent hold their much money for children education very worth it when investing their money for bitcoin. Any parent hold their saving for children cost education taken around five until eight years later and much profitable earn when holding as bitcoin investment.
Not trading required just hold on it for longer time waiting until their saving money required to sell, I believe than hold money in the bank or put it as insurance more profitable when holding assets in bitcoin exactly with some people have target their money use for longer time in the future.

Offline Vx1

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Re: Future of Bitcoin
« Reply #501 on: September 21, 2024, 07:07:02 PM »
If we have extra money or cold money, then my suggestion is to just buy Bitcoin. Bitcoin has a price cycle of ups and downs in a year, approximately 4 times. We maximize profits by investing and trading Bitcoin, and one thing we need to remember is to never sell the BTC we have at a lower price when we buy it. Because the future of Bitcoin is clear, the price continues to increase over time even though it occasionally experiences corrections.
I don't think with extra money only worth it for investing in bitcoin but any parent hold their much money for children education very worth it when investing their money for bitcoin. Any parent hold their saving for children cost education taken around five until eight years later and much profitable earn when holding as bitcoin investment.
Not trading required just hold on it for longer time waiting until their saving money required to sell, I believe than hold money in the bank or put it as insurance more profitable when holding assets in bitcoin exactly with some people have target their money use for longer time in the future.
That's a good idea, and of course it has the potential to get double the profit when we save school savings in Cryptocurreny or especially Bitcoin. But unfortunately, in my area not many people know Bitcoin. As for those who already know, they are still doubtful about Bitcoin. Even though if we do that, I am sure that in a period of 5-8 years the money we buy Bitcoin has increased many times over.

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Re: Future of Bitcoin
« Reply #501 on: September 21, 2024, 07:07:02 PM »


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Re: Future of Bitcoin
« Reply #502 on: September 23, 2024, 09:00:37 AM »
That's a good idea, and of course it has the potential to get double the profit when we save school savings in Cryptocurreny or especially Bitcoin. But unfortunately, in my area not many people know Bitcoin. As for those who already know, they are still doubtful about Bitcoin. Even though if we do that, I am sure that in a period of 5-8 years the money we buy Bitcoin has increased many times over.
Bitcoin definitely is a nice form of investment and still many people are unable and scared to invest in it because of a lot of factors. One of those factors is false knowledge and rumors. Bitcoin is very popular and there is. Literally almost no one that hasn't heard about it however the problem is most of the news all over the internet about bitcoin are mostly misleading ones and of such people can get scared about investing.

I have come across a couple of persons in the past that have been scammed via pump and dump crypto currencies and as such they have the opinion that bitcoin is likely scam like them too and as a result they prefer the regular fiat fixed deposit at the bank to making a bitcoin investment.
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Offline Ricardo11

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Re: Future of Bitcoin
« Reply #503 on: September 23, 2024, 01:45:07 PM »
That's a good idea, and of course it has the potential to get double the profit when we save school savings in Cryptocurreny or especially Bitcoin. But unfortunately, in my area not many people know Bitcoin. As for those who already know, they are still doubtful about Bitcoin. Even though if we do that, I am sure that in a period of 5-8 years the money we buy Bitcoin has increased many times over.
Bitcoin definitely is a nice form of investment and still many people are unable and scared to invest in it because of a lot of factors. One of those factors is false knowledge and rumors. Bitcoin is very popular and there is. Literally almost no one that hasn't heard about it however the problem is most of the news all over the internet about bitcoin are mostly misleading ones and of such people can get scared about investing.

I have come across a couple of persons in the past that have been scammed via pump and dump crypto currencies and as such they have the opinion that bitcoin is likely scam like them too and as a result they prefer the regular fiat fixed deposit at the bank to making a bitcoin investment.
I also agree with you, a new investor is afraid to start investing in Bitcoin because of all these bad people's false information and rumors. But those new investors should also do their own research about Bitcoin first, proper knowledge and research about Bitcoin and investing will show its true potential, but they don't do that and fall into of those bad guys, they themselves withdraw from Bitcoin. They need to understand that Bitcoin has great potential as a long-term investment. All it takes is a little market research and observation on your own.
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Offline babo

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Re: Future of Bitcoin
« Reply #504 on: September 23, 2024, 02:41:02 PM »
you should never be influenced by someone who says something on a topic
never
whether you speak well or speak badly
the only person you can trust is yourself, take inspiration from what they say to do your own research and verify and experience first-hand
otherwise you trust someone you shouldn't trust
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Offline pieppiep

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Re: Future of Bitcoin
« Reply #505 on: September 24, 2024, 02:22:35 PM »
That's a good idea, and of course it has the potential to get double the profit when we save school savings in Cryptocurreny or especially Bitcoin. But unfortunately, in my area not many people know Bitcoin. As for those who already know, they are still doubtful about Bitcoin. Even though if we do that, I am sure that in a period of 5-8 years the money we buy Bitcoin has increased many times over.
Bitcoin definitely is a nice form of investment and still many people are unable and scared to invest in it because of a lot of factors. One of those factors is false knowledge and rumors. Bitcoin is very popular and there is. Literally almost no one that hasn't heard about it however the problem is most of the news all over the internet about bitcoin are mostly misleading ones and of such people can get scared about investing.

I have come across a couple of persons in the past that have been scammed via pump and dump crypto currencies and as such they have the opinion that bitcoin is likely scam like them too and as a result they prefer the regular fiat fixed deposit at the bank to making a bitcoin investment.
I also agree with you, a new investor is afraid to start investing in Bitcoin because of all these bad people's false information and rumors. But those new investors should also do their own research about Bitcoin first, proper knowledge and research about Bitcoin and investing will show its true potential, but they don't do that and fall into of those bad guys, they themselves withdraw from Bitcoin. They need to understand that Bitcoin has great potential as a long-term investment. All it takes is a little market research and observation on your own.
Well, it makes it very important for new investors to concentrate on the flow of information besides striving to acquire more information as to bitcoin or the crypto market. It means that they will be able to do more research and, thus, discover the necessary opportunities or assess the possible risks to be involved, and make more rational decisions. This misconception will enable them appreciate the value of Bitcoin for the longest time possible minus the effect of the destructive rumors.

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Re: Future of Bitcoin
« Reply #506 on: September 24, 2024, 02:35:35 PM »
Well, it makes it very important for new investors to concentrate on the flow of information besides striving to acquire more information as to bitcoin or the crypto market. It means that they will be able to do more research and, thus, discover the necessary opportunities or assess the possible risks to be involved, and make more rational decisions. This misconception will enable them appreciate the value of Bitcoin for the longest time possible minus the effect of the destructive rumors.
One of the main reasons why many bitcoiners out there choose bitcoin investments or rather bitcoin hodling is because of it's simplicity. Bitcoin hodling really doesn't require you to constantly sort out for information, check charts, news and many other things you would do if you HODL some other altcoins. The most important thing remains that your keys are safe from hack and you are the only one who has access to them.

Bitcoin investment is far easier than many other altcoins as long as your keys are safe. As for the Idea about rumours , yes they are always all over the internet and as an investor you shouldn't be scared rather you should look for way to avoid falling for them.
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Re: Future of Bitcoin
« Reply #507 on: September 24, 2024, 03:33:59 PM »
the thing that in my opinion makes bitcoin fantastic as an accumulation asset is the fact that no one can take it away from you
obviously if you are good at preserving them
if you're not good and you lose them due to some hacker's theft, you were the one who made the mistake

with the threat no one can take them away from you if you are smart and clever
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Re: Future of Bitcoin
« Reply #508 on: September 26, 2024, 06:32:39 AM »
It is best to invest according to the price of Bitcoin.  Because an investor repeatedly buys altcoin for investment but it has the highest risk.  Because the higher the benefit, the higher the risk, so it is best to invest in Bitcoin for a few years to keep yourself calm and long-term and gain more benefits.  So you must have bitcoin investment to claim yourself worthy and bitcoin investment is the most worthy.

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Re: Future of Bitcoin
« Reply #509 on: September 26, 2024, 03:26:20 PM »
the thing that in my opinion makes bitcoin fantastic as an accumulation asset is the fact that no one can take it away from you
obviously if you are good at preserving them
if you're not good and you lose them due to some hacker's theft, you were the one who made the mistake

with the threat no one can take them away from you if you are smart and clever
Bitcoin will be safe if we can maintain it, do not use the main wallet to follow an event or participate in an airdrop, because this is very dangerous. Bitcoin will have a bright future and is very safe because we can manage our own wallet, this is what bitcoin can give about freedom when investing in bitcoin.

 

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