What's the next step for BTC?

[doc]

In my opinion, when the market price of bitcoin goes down, this will be an opportunity for new investors to buy bitcoin and sell it at a later date. Of course, taking into account the profits gained and the risks that can be taken
we learned from last year when the price of bitcoin went down it will soar in the future.
a mistake for novice investors is when they have coins but don't do the analysis, so they sell them at a price that is not too high. because they are afraid that prices will continue to decline, and they will regret it in the future if the price has soared high

It is natural for newbies not to do analysis because of lack of knowledge and experience, but over time when they have knowledge and experience, they will make analysis and can sell their coins at the top of the market price, although it is not easy because I myself sometimes make wrong predictions even though I have been in crypto for 8 years.

That is right, Over time with increasing knowledge and experience they are in a position to mitigate the risk and identify that as an opportunity to capture a better price for the sales. However, the crypto market is very volatile and therefore there are no sure bets even for the most experienced individuals. However, to sustain its market share and generate revenue, it is crucial to keep on learning new ways and shifts in the market. It is important though to acknowledge that while experience does indeed teach a lot, even the most experienced of people can still make mistakes. The secret is to remain tranquil and turn each misstep into a learning experience on how to run your business better in the future.

Experience at least helps us not to panic when facing a volatile crypto market, because if we don't have experience it will cause panic, this is usually what newbies feel. Because with experience and knowledge we understand that this is the character of a very volatile market and makes us stay calm waiting until the market improves again.

[Parzival204]

In my opinion, this is a normal thing for crypto coins to experience a decline or increase in price. Look at the last few years where within a year the BTC market price sometimes drops drastically but will rise after the halving. and this incident has been going on for years. So don't take the things that happened this month as a benchmark that Bitcoin will continue to fall

[Gurujebs]

In my opinion, this is a normal thing for crypto coins to experience a decline or increase in price. Look at the last few years where within a year the BTC market price sometimes drops drastically but will rise after the halving. and this incident has been going on for years. So don't take the things that happened this month as a benchmark that Bitcoin will continue to fall

When you study the crypto market recently, there has been some kind of accumulations going on between some whales and that seems like more interest in buying and less interest in selling but the bears might be looking forward to see Bitcoin go down so they can make more money of their Bitcoin short position.

We still don't know what October and November hold for Bitcoin but there is a certainty that if Trum the aclaim Bitcoin supporter win the US election, then Bitcoin is going to probably go above $100k or closer and the next move depends on how he plan to make Bitcoin his plans in his government.

[LUCKMCFLY]

In my opinion, when the market price of bitcoin goes down, this will be an opportunity for new investors to buy bitcoin and sell it at a later date. Of course, taking into account the profits gained and the risks that can be taken
we learned from last year when the price of bitcoin went down it will soar in the future.
a mistake for novice investors is when they have coins but don't do the analysis, so they sell them at a price that is not too high. because they are afraid that prices will continue to decline, and they will regret it in the future if the price has soared high

It is natural for newbies not to do analysis because of lack of knowledge and experience, but over time when they have knowledge and experience, they will make analysis and can sell their coins at the top of the market price, although it is not easy because I myself sometimes make wrong predictions even though I have been in crypto for 8 years.

Newbies need a long time to gain experience and knowledge about crypto especially if they want to learn trading, this requires a long journey and must do training as many people say, they must practice by making analysis, predictions until they become a professional trader. This is a method that many people use, and I am also still learning trading because I am not a trading expert.

I agree with you, for me a person who wants to trade, has to prepare himself, and it is better to do so because if they do it for the sake of it or if they take it as gambling, then they will lose a lot of money, it is better to study, or take a course, something that has the basic fundamentals to apply, otherwise it could be said that it is very risky, a person who wants to enter the market should also know himself, a novice who is going to start is preferable to take 3 months or more reading books, taking courses, because in the end what you can lose is money and nobody likes to lose money.

[Themepen]

I agree with you, for me a person who wants to trade, has to prepare himself, and it is better to do so because if they do it for the sake of it or if they take it as gambling, then they will lose a lot of money, it is better to study, or take a course, something that has the basic fundamentals to apply, otherwise it could be said that it is very risky, a person who wants to enter the market should also know himself, a novice who is going to start is preferable to take 3 months or more reading books, taking courses, because in the end what you can lose is money and nobody likes to lose money.

I completely agree. To trade successfully we must prepare well. Treating trading like gambling will lead to big losses. To trade well we should learn about market analysis and risk. We should know ourself our emotions and decision making. We should be patient and take time to learn.


And if anyone is new in trading so I think  he should spend 3+ months in learning (books, courses). He should havr knowledge of market basics. He should practice with fake or small investments.

[nakmantu99]

I agree with you, for me a person who wants to trade, has to prepare himself, and it is better to do so because if they do it for the sake of it or if they take it as gambling, then they will lose a lot of money, it is better to study, or take a course, something that has the basic fundamentals to apply, otherwise it could be said that it is very risky, a person who wants to enter the market should also know himself, a novice who is going to start is preferable to take 3 months or more reading books, taking courses, because in the end what you can lose is money and nobody likes to lose money.

what you suggest is true because before trading we must prepare ourselves, learn to analyze, read books and references to become a good trader. We cannot trade for fun because we will suffer losses, this is what causes many people to fail in trading because their experience and knowledge about trading are still lacking.

[JoyMarsha]

Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?

I don't think this is the right time to complain about the drop in Bitcoin price; rather, it should be time to think of accumulating more Bitcoin to your portfolio because one thing that I am sure of is that Bitcoin will not be at the same price it is now by next year. However, take a chill pill and focus less on the Bitcoin price because the green candlelight will show itself soon. By then, we will all be happy about it.

[legend45]

Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?

I don't think this is the right time to complain about the drop in Bitcoin price; rather, it should be time to think of accumulating more Bitcoin to your portfolio because one thing that I am sure of is that Bitcoin will not be at the same price it is now by next year. However, take a chill pill and focus less on the Bitcoin price because the green candlelight will show itself soon. By then, we will all be happy about it.

Bitcoin has experienced a price increase, the current price of bitcoin is $ 63,475. I see many altcoins that have started to climb in price, hopefully the price of bitcoin will soon touch $ 70K and I am also ready for the worst case scenario if there is another correction I will buy some potential coins because I have prepared USD in my wallet to buy coins that are likely to have good movements in the future. I want to add solana, BNB and TON to my wallet, I just have to wait for the next correction.

[rizqillah]

Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?

I don't think this is the right time to complain about the drop in Bitcoin price; rather, it should be time to think of accumulating more Bitcoin to your portfolio because one thing that I am sure of is that Bitcoin will not be at the same price it is now by next year. However, take a chill pill and focus less on the Bitcoin price because the green candlelight will show itself soon. By then, we will all be happy about it.

Bitcoin has experienced a price increase, the current price of bitcoin is $ 63,475. I see many altcoins that have started to climb in price, hopefully the price of bitcoin will soon touch $ 70K and I am also ready for the worst case scenario if there is another correction I will buy some potential coins because I have prepared USD in my wallet to buy coins that are likely to have good movements in the future. I want to add solana, BNB and TON to my wallet, I just have to wait for the next correction.

Bitcoin price is back down to $62K, dude. So the USD you prepared can be used to buy potential coins when the market drops below $60K, this is not a bad prayer but it seems like the crypto market is still having trouble going up maybe there is no better news, because yesterday we heard Trump made a transaction with bitcoin making the price of bitcoin go up, but now it seems like bitcoin is back down.

[JoyMarsha]

Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?

I don't think this is the right time to complain about the drop in Bitcoin price; rather, it should be time to think of accumulating more Bitcoin to your portfolio because one thing that I am sure of is that Bitcoin will not be at the same price it is now by next year. However, take a chill pill and focus less on the Bitcoin price because the green candlelight will show itself soon. By then, we will all be happy about it.

Bitcoin has experienced a price increase, the current price of bitcoin is $ 63,475. I see many altcoins that have started to climb in price, hopefully the price of bitcoin will soon touch $ 70K and I am also ready for the worst case scenario if there is another correction I will buy some potential coins because I have prepared USD in my wallet to buy coins that are likely to have good movements in the future. I want to add solana, BNB and TON to my wallet, I just have to wait for the next correction.

Bitcoin price is back down to $62K, dude. So the USD you prepared can be used to buy potential coins when the market drops below $60K, this is not a bad prayer but it seems like the crypto market is still having trouble going up maybe there is no better news, because yesterday we heard Trump made a transaction with bitcoin making the price of bitcoin go up, but now it seems like bitcoin is back down.

Lols.. you won't call this little drop in the price of Bitcoin a correction. You don't expect  Legend45 to use his saved USD to buy the potential coins he has in mind, while the crypto haven't suffered another correction, hitting Bitcoin at a low price of $54k. By the way the mentioned coins legend45 mentioned of are still at a high price, not fallen dip in price.

[Jating]

Hi forum mates. Good morning..BTC hasn't really performed to expectations since halving and right now we've been experience downtrend for a while. For experts here. When can be experience a reversal to the uptrend. And what do you think is the cause of this negative price action we've been seeing since June Started?

I don't think this is the right time to complain about the drop in Bitcoin price; rather, it should be time to think of accumulating more Bitcoin to your portfolio because one thing that I am sure of is that Bitcoin will not be at the same price it is now by next year. However, take a chill pill and focus less on the Bitcoin price because the green candlelight will show itself soon. By then, we will all be happy about it.

Bitcoin has experienced a price increase, the current price of bitcoin is $ 63,475. I see many altcoins that have started to climb in price, hopefully the price of bitcoin will soon touch $ 70K and I am also ready for the worst case scenario if there is another correction I will buy some potential coins because I have prepared USD in my wallet to buy coins that are likely to have good movements in the future. I want to add solana, BNB and TON to my wallet, I just have to wait for the next correction.

Bitcoin price is back down to $62K, dude. So the USD you prepared can be used to buy potential coins when the market drops below $60K, this is not a bad prayer but it seems like the crypto market is still having trouble going up maybe there is no better news, because yesterday we heard Trump made a transaction with bitcoin making the price of bitcoin go up, but now it seems like bitcoin is back down.

Yeah, it went as high as $63k, but I do not think that it was due to Trump's first bitcoin transaction, it could have been because of the Fed rate cut of 0.5 that's why suddenly the price goes up to the levels of above $60k so it's already a bullish momentum.

Hopefully, we can maintain this phase or hold at this current price. Obviously, our next target could be around $65k-$68k before the end of the year and come October, which is usually a bullish month, we might see $70k again or maybe set a new all time high before the end of the year.

[rizqillah]

Yeah, it went as high as $63k, but I do not think that it was due to Trump's first bitcoin transaction, it could have been because of the Fed rate cut of 0.5 that's why suddenly the price goes up to the levels of above $60k so it's already a bullish momentum.

Hopefully, we can maintain this phase or hold at this current price. Obviously, our next target could be around $65k-$68k before the end of the year and come October, which is usually a bullish month, we might see $70k again or maybe set a new all time high before the end of the year.

I can't predict the details like you because I have a plan to sell my bitcoin next year during the bullish season. If I were a trader, I would focus on the short-term movement of bitcoin, unfortunately I don't have the expertise as a trader. But my prediction is that before this year ends, bitcoin price will touch ATH $80K.

[SamReomo]

To trade successfully we must prepare well. Treating trading like gambling will lead to big losses. To trade well we should learn about market analysis and risk. We should know ourself our emotions and decision making. We should be patient and take time to learn.

That's true,the ones who prepare themselves very well are the ones who will remain as traders or you can say successful traders for long term. Trading isn't gambling and it isn't even similar to it, anyone who treats it like gambling will end up losing money and won't learn anything at all.

Trading is a skill one learns throughout his lifetime, some people learn it well and make fortune with it while the rest just follow those some people and make nothing or form belief systems that the ones who are earning from trading are geniuses.

The professional traders also used to loss money in the beginning of their journey but overtime they learnt that how trading works and they start improving their trading skills. Now many of those traders are completely free from financial issues.

[Baofeng]

Yeah, it went as high as $63k, but I do not think that it was due to Trump's first bitcoin transaction, it could have been because of the Fed rate cut of 0.5 that's why suddenly the price goes up to the levels of above $60k so it's already a bullish momentum.

Hopefully, we can maintain this phase or hold at this current price. Obviously, our next target could be around $65k-$68k before the end of the year and come October, which is usually a bullish month, we might see $70k again or maybe set a new all time high before the end of the year.

I can't predict the details like you because I have a plan to sell my bitcoin next year during the bullish season. If I were a trader, I would focus on the short-term movement of bitcoin, unfortunately I don't have the expertise as a trader. But my prediction is that before this year ends, bitcoin price will touch ATH $80K.

There are a lot of short term traders in the market, so for sure, they will have to take advantage of any news that they will hear, then buy and short Bitcoin and squeeze some money.

But for us, long term holder, at least next year will be a big gauge to us. Whether we should be selling at a certain price, or just like you, will just hold as long as we can. Although I believed that at some point, there's nothing wrong to take profits in a bull run specially if you have been holding for that 4 year cycle.

[rizqillah]

There are a lot of short term traders in the market, so for sure, they will have to take advantage of any news that they will hear, then buy and short Bitcoin and squeeze some money.

But for us, long term holder, at least next year will be a big gauge to us. Whether we should be selling at a certain price, or just like you, will just hold as long as we can. Although I believed that at some point, there's nothing wrong to take profits in a bull run specially if you have been holding for that 4 year cycle.

I am the type of investor or holder who survives for a 4-year cycle. So I need free funds for 3 years. Because I will buy during the bearish season and sell during the bullish season. If I had the ability to trade short-term, I would do it unfortunately the busyness of the real world makes me not focused on trading.