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Author Topic: Bitcoin Hit $70k For First Time.  (Read 9544 times)

Offline debra

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Re: Bitcoin Hit $70k For First Time.
« Reply #60 on: April 10, 2024, 11:46:38 PM »
Traders is actually making more than those who hold longer because they can sell every time there is a bearish pattern and buy again when bullish meaning they are making more profit percentage than you are holding.
I think it depends on how much the capital to use. If a trader only uses small funds, he won't get significant profits. Although he can get a profit daily but it won't be big profits. It is different with people who hold their coins, most of them probably expect for big profits. They may sell the coins at once, but it will be significant profits. As far as I know, most holders use quite big funds because it is targeted for a long term.


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Re: Bitcoin Hit $70k For First Time.
« Reply #60 on: April 10, 2024, 11:46:38 PM »

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Re: Bitcoin Hit $70k For First Time.
« Reply #61 on: April 12, 2024, 01:12:46 PM »
I think it depends on how much the capital to use. If a trader only uses small funds, he won't get significant profits. Although he can get a profit daily but it won't be big profits. It is different with people who hold their coins, most of them probably expect for big profits. They may sell the coins at once, but it will be significant profits. As far as I know, most holders use quite big funds because it is targeted for a long term.
That's right, the trading capital used is an important reason for how much profit we get, but you need to know that using large capital sometimes doesn't always guarantee you will always make a profit. It is better for us to study market conditions first so that when we use large enough trading capital we already have the skills to determine the right position to enter and exit only after making a profit on the coins we bought.

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Re: Bitcoin Hit $70k For First Time.
« Reply #62 on: April 12, 2024, 06:29:48 PM »
I think it depends on how much the capital to use. If a trader only uses small funds, he won't get significant profits. Although he can get a profit daily but it won't be big profits. It is different with people who hold their coins, most of them probably expect for big profits. They may sell the coins at once, but it will be significant profits. As far as I know, most holders use quite big funds because it is targeted for a long term.

The invested amount and selected coin will describe your profit and if you invest more and but your coin is not profitable then it also cannot give you profit therefore don't think that only huge invested amount can give you huge profit but coins also matters a lot.

In case of bitcoin people often use large amount because they trust bitcoin but if it is some other coin then I don't think that it will be a better option to invest big because there are also present a chances of losing money in crypto.
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Offline bounceback

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Re: Bitcoin Hit $70k For First Time.
« Reply #63 on: April 12, 2024, 07:44:58 PM »
I think it depends on how much the capital to use. If a trader only uses small funds, he won't get significant profits. Although he can get a profit daily but it won't be big profits. It is different with people who hold their coins, most of them probably expect for big profits. They may sell the coins at once, but it will be significant profits. As far as I know, most holders use quite big funds because it is targeted for a long term.
Profitable earn in trading exactly depend on how much capital uses, if have small fund get difficult to earn much profitable in trading and I think all aspect has the same such as business or investment if want get high return need large capital for investing.
Its not matter with long term or short term when trading if uses small capital just taking small profitable although hold it until several years later, many long term holder have much capital with the high profit return but getting high risk if price dropping.

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Re: Bitcoin Hit $70k For First Time.
« Reply #64 on: April 12, 2024, 08:20:03 PM »
I think it depends on how much the capital to use. If a trader only uses small funds, he won't get significant profits. Although he can get a profit daily but it won't be big profits. It is different with people who hold their coins, most of them probably expect for big profits. They may sell the coins at once, but it will be significant profits. As far as I know, most holders use quite big funds because it is targeted for a long term.

I don't have huge funds but I am trying to make a good profit on my small account what you are trying to say is that holding coins for the long term means it is only for spot trading it won't work on futures because you only buy when the price is low and hold it until the price increase which is only works on spot trading.
For futures even if you have small funds you can use the leverage to increase the size of your setup I usually put only 10% of my 100USDT for every coin that I want to play on the futures and set up a stop-loss in 1% to 2% then I adjust it gradually if it makes a profit but if not and the SL hits I don't chase I look for another opportunity analyze the market again including technical and fundamental before I make a new setup.
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Re: Bitcoin Hit $70k For First Time.
« Reply #65 on: April 12, 2024, 08:51:06 PM »
Profitable earn in trading exactly depend on how much capital uses, if have small fund get difficult to earn much profitable in trading and I think all aspect has the same such as business or investment if want get high return need large capital for investing.
Its not matter with long term or short term when trading if uses small capital just taking small profitable although hold it until several years later, many long term holder have much capital with the high profit return but getting high risk if price dropping.
Yes, capital determines profit, the greater the capital, the higher the return will be, on the other hand, there is a greater minus risk, which is what must be faced, especially since crypto has high volatility.
If it is heavy in capital at once then it is necessary to accumulate if you want a long-term investment maybe this is the best method where it will increase your portfolio in the long run.

I choose investment over trading because it is too complicated to have skills.
Investing in bitcoin is more long-term you just wait patiently and don't need to panic when the market crashes because it is certain that bitcoin will return to the initial price or new ATH every cycle.


WOow I saw the market suddenly crash bitcoin down to $65K. :o

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Re: Bitcoin Hit $70k For First Time.
« Reply #66 on: April 12, 2024, 09:20:27 PM »
That's right, the trading capital used is an important reason for how much profit we get, but you need to know that using large capital sometimes doesn't always guarantee you will always make a profit. It is better for us to study market conditions first so that when we use large enough trading capital we already have the skills to determine the right position to enter and exit only after making a profit on the coins we bought.

This is important when it comes for Bitcoin and not just trading but also buying. The more Bitcoin you buy, the more profits you are going to get but you have to make sure that the money you are using to buy the Bitcoin isn't money that you will need tomorrow or in the next few minutes, you have to sacrifices it in the sense that you are letting go of that capital for the time being. Later in the future, you will likely make back that money because you hardly make losses in Bitcoin unless you gamble with or trade features which I always see as bad in my dictionary.
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Re: Bitcoin Hit $70k For First Time.
« Reply #66 on: April 12, 2024, 09:20:27 PM »


Offline Power420

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Re: Bitcoin Hit $70k For First Time.
« Reply #67 on: April 13, 2024, 03:21:33 PM »
What a Surprise Bitcoin hit $70k for first time in Bitcoin History. What a fantastic moment for bitcoin and cryptocurrency lovers. We saw last ATH in 2021. And then Bitcoin price was $69k. And finally Bitcoin price cross that price and hit new ATH $70k.

I think it happen for Bitcoin sport ETF approval and coming halving programme. I think now we are in Real bull session. It seems near future Bitcoin price will touch $100k. I believe it will happen within short time. I mean it will happen within 2024.

I strongly believe Bitcoin movement is very Positive and within 2025 Bitcoin price will hit $150k early. Do you think that? Everyone tell please your opinion.

Bitcoin price has seen the biggest pump since the approval of the Bitcoin ETF.  And the highest new record in Bitcoin history was touched by Bitcoin price up to 73.6k. But the start date of the bull run was 2025, the biggest bull run will start in 2025. And it is important to prepare for this bull run now because those who have not participated in investing till now must participate in investing. 2024 halving is definitely the most good news on bitcoin record so no one should miss the investment.

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Re: Bitcoin Hit $70k For First Time.
« Reply #68 on: April 13, 2024, 07:01:59 PM »
What a Surprise Bitcoin hit $70k for first time in Bitcoin History. What a fantastic moment for bitcoin and cryptocurrency lovers. We saw last ATH in 2021. And then Bitcoin price was $69k. And finally Bitcoin price cross that price and hit new ATH $70k.

I think it happen for Bitcoin sport ETF approval and coming halving programme. I think now we are in Real bull session. It seems near future Bitcoin price will touch $100k. I believe it will happen within short time. I mean it will happen within 2024.

I strongly believe Bitcoin movement is very Positive and within 2025 Bitcoin price will hit $150k early. Do you think that? Everyone tell please your opinion.

Bitcoin price has seen the biggest pump since the approval of the Bitcoin ETF.  And the highest new record in Bitcoin history was touched by Bitcoin price up to 73.6k. But the start date of the bull run was 2025, the biggest bull run will start in 2025. And it is important to prepare for this bull run now because those who have not participated in investing till now must participate in investing. 2024 halving is definitely the most good news on bitcoin record so no one should miss the investment.
I am agree with you. I also think big pump coming in 2025. We saw previous halving history, after bitcoin halving bitcoin price increased after halving year. So we can easily think after this halving bitcoin price will increase. And i think in 2025 will big bull session. And this bull session bitcoin price will go minimum $200k. And i am also waiting for that bull session.
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Re: Bitcoin Hit $70k For First Time.
« Reply #69 on: April 13, 2024, 11:39:32 PM »
What a Surprise Bitcoin hit $70k for first time in Bitcoin History. What a fantastic moment for bitcoin and cryptocurrency lovers. We saw last ATH in 2021. And then Bitcoin price was $69k. And finally Bitcoin price cross that price and hit new ATH $70k.

I think it happen for Bitcoin sport ETF approval and coming halving programme. I think now we are in Real bull session. It seems near future Bitcoin price will touch $100k. I believe it will happen within short time. I mean it will happen within 2024.

I strongly believe Bitcoin movement is very Positive and within 2025 Bitcoin price will hit $150k early. Do you think that? Everyone tell please your opinion.
Yes Bitcoin has recorded the highest price in history this year 2024. In 2021, the market reached a maximum of 69,000 dollars and came back to 15,000 dollars. It returned to $15,000 and pumped from there to reach the top spot in 2024. Currently, the unique crypto currency market including the Bitcoin market is down a bit, maybe this down is supposed to happen before the Bitcoin halving, perhaps the current dumping is an indication. But I am not at all worried about this dumping because Bitcoin market will definitely increase after halving and it will reach one hundred thousand dollars only in 2024. I mean in 2024 Bitcoin will hit $100,000 and in 2025 Bitcoin will be at an all time high that is probably $150,000 to $170,000. However we have to continue investing market dumping will definitely increase our further investment.
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Re: Bitcoin Hit $70k For First Time.
« Reply #70 on: April 16, 2024, 05:03:56 PM »
Yes Bitcoin has recorded the highest price in history this year 2024. In 2021, the market reached a maximum of 69,000 dollars and came back to 15,000 dollars. It returned to $15,000 and pumped from there to reach the top spot in 2024. Currently, the unique crypto currency market including the Bitcoin market is down a bit, maybe this down is supposed to happen before the Bitcoin halving, perhaps the current dumping is an indication. But I am not at all worried about this dumping because Bitcoin market will definitely increase after halving and it will reach one hundred thousand dollars only in 2024. I mean in 2024 Bitcoin will hit $100,000 and in 2025 Bitcoin will be at an all time high that is probably $150,000 to $170,000. However we have to continue investing market dumping will definitely increase our further investment.
Bitcoin prices this year could increase in price until a new ATH is created at $73k. this is a very good development for Bitcoin. At least a new ATH has been created and I'm currently waiting for Bitcoin to fall back to $20k like it did a few years ago. I will take advantage of buying very large amounts of bitcoin when the price has fallen to my desired target. Because I think getting back to $70k seems very difficult to achieve.

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Re: Bitcoin Hit $70k For First Time.
« Reply #71 on: April 17, 2024, 04:52:40 AM »
Yes Bitcoin has recorded the highest price in history this year 2024. In 2021, the market reached a maximum of 69,000 dollars and came back to 15,000 dollars. It returned to $15,000 and pumped from there to reach the top spot in 2024. Currently, the unique crypto currency market including the Bitcoin market is down a bit, maybe this down is supposed to happen before the Bitcoin halving, perhaps the current dumping is an indication. But I am not at all worried about this dumping because Bitcoin market will definitely increase after halving and it will reach one hundred thousand dollars only in 2024. I mean in 2024 Bitcoin will hit $100,000 and in 2025 Bitcoin will be at an all time high that is probably $150,000 to $170,000. However we have to continue investing market dumping will definitely increase our further investment.
Bitcoin prices this year could increase in price until a new ATH is created at $73k. this is a very good development for Bitcoin. At least a new ATH has been created and I'm currently waiting for Bitcoin to fall back to $20k like it did a few years ago. I will take advantage of buying very large amounts of bitcoin when the price has fallen to my desired target. Because I think getting back to $70k seems very difficult to achieve.
You believe bitcoin will struggle to climb back to $70K. Bitcoin has reached a price of $73K and then fell again, that doesn't mean bitcoin's top ATH this season, because that happened before the bitcoin halving. I still believe the price of bitcoin will touch the top ATH next year, because bullishness usually occurs a year after the halving

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Re: Bitcoin Hit $70k For First Time.
« Reply #72 on: April 18, 2024, 06:09:27 PM »
You believe bitcoin will struggle to climb back to $70K. Bitcoin has reached a price of $73K and then fell again, that doesn't mean bitcoin's top ATH this season, because that happened before the bitcoin halving. I still believe the price of bitcoin will touch the top ATH next year, because bullishness usually occurs a year after the halving
To return to the price of $70k of course I doubt it because currently the price of bitcoin is at $63k and it seems like the price of bitcoin will stabilize at that price as long as there is no bad news attacking bitcoin then bitcoin will remain at around $63k.

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Re: Bitcoin Hit $70k For First Time.
« Reply #73 on: April 20, 2024, 05:33:02 PM »
Traders is actually making more than those who hold longer because they can sell every time there is a bearish pattern and buy again when bullish meaning they are making more profit percentage than you are holding.
I think it depends on how much the capital to use. If a trader only uses small funds, he won't get significant profits. Although he can get a profit daily but it won't be big profits. It is different with people who hold their coins, most of them probably expect for big profits. They may sell the coins at once, but it will be significant profits. As far as I know, most holders use quite big funds because it is targeted for a long term.
If we have excess capital, we will have the potential to make more money when trading, and when we lose money, we will lose more money.  The more capital you use in trading, the higher the chance of profit and loss, so every trader should have adequate knowledge about trading and then start trading. If we trade in the wrong way with too much capital, we will lose money instead of making money. Whenever we use extra capital and trade wrongly, our losses will be high and we may get frustrated many times because of these losses. So a trader can trade with a relatively small amount of money at the beginning of trading, then when he has enough knowledge about trading, he can use more capital and trade in the right way to make a profit.

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Re: Bitcoin Hit $70k For First Time.
« Reply #74 on: April 20, 2024, 08:21:41 PM »
To return to the price of $70k of course I doubt it because currently the price of bitcoin is at $63k and it seems like the price of bitcoin will stabilize at that price as long as there is no bad news attacking bitcoin then bitcoin will remain at around $63k.
Left $5k for bitcoin return back to $70 because today get good moment after bitcoin up to $65k, I don't think difficult for bitcoin up few percent after halving time although many people doubt with bitcoin has good potential for increasing price after halving time.
Not difficult for bitcoin return back to higher price and potential will make another new ATH in short time, just waiting and keep purchasing bitcoin to see another moment for bitcoin make new all time high price.

 

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