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Author Topic: Investors are panicking due to Bitcoin's current volatility.  (Read 12181 times)

Online Tribalchief

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #90 on: October 09, 2024, 09:25:53 AM »
~snip
Anybody hoping to see a price of $100k from Bitcoin should get ready to see that by next year, not this year. For this year, it's a price around $80k atleast not $100k, looking at how many months remain to the end of the year, and what price Bitcoin is currently. However, there seems to be  no important event coming up, apart from the US election that will be by next month, that people are suggesting that if Trump wins, the Bitcoin price will react to it, by giving a positive price increase to Bitcoin but I still doubt the possibility of seeing $100k price before the end of year.

The impossibility of getting a $100K Is becoming more clearer by the day, but I feel many won't be to disappointed if Bitcoin offers them $80K either. Towards the last week of September (if I remember correctly), we all saw an increase in Bitcoin price which even got to $65-66K. So many investors even used it as a prediction to the usual uptober events when Bitcoin usually experience a surge, but from the look of things, it doesn't look like it at all. Or maybe October is not just the month that Bitcoin will touch that $80K, but until after the November forth coming US election.
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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #90 on: October 09, 2024, 09:25:53 AM »

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Offline Bhigdaddyjr

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #91 on: October 09, 2024, 09:38:16 AM »
~snip
Anybody hoping to see a price of $100k from Bitcoin should get ready to see that by next year, not this year. For this year, it's a price around $80k atleast not $100k, looking at how many months remain to the end of the year, and what price Bitcoin is currently. However, there seems to be  no important event coming up, apart from the US election that will be by next month, that people are suggesting that if Trump wins, the Bitcoin price will react to it, by giving a positive price increase to Bitcoin but I still doubt the possibility of seeing $100k price before the end of year.

The impossibility of getting a $100K Is becoming more clearer by the day, but I feel many won't be to disappointed if Bitcoin offers them $80K either. Towards the last week of September (if I remember correctly), we all saw an increase in Bitcoin price which even got to $65-66K. So many investors even used it as a prediction to the usual uptober events when Bitcoin usually experience a surge, but from the look of things, it doesn't look like it at all. Or maybe October is not just the month that Bitcoin will touch that $80K, but until after the November forth coming US election.
so what you are saying in nutshell is that bull run will be coming soon either this October or November . How sure are you about what you are saying cause looking at bitcoin now it is $62214 and so , so you mean it will cross above this very drastically or what are you talking to prove .
It has been rising and falling but if bull run is coming this year this will be very bigger opportunity for investors and many new projects that want to come in cryptocurrency. It will be very interesting and exciting for everyone in cryptocurrency:
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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #91 on: October 09, 2024, 09:38:16 AM »

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Offline JoyMarsha

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #92 on: October 09, 2024, 10:06:54 PM »
~snip
Anybody hoping to see a price of $100k from Bitcoin should get ready to see that by next year, not this year. For this year, it's a price around $80k atleast not $100k, looking at how many months remain to the end of the year, and what price Bitcoin is currently. However, there seems to be  no important event coming up, apart from the US election that will be by next month, that people are suggesting that if Trump wins, the Bitcoin price will react to it, by giving a positive price increase to Bitcoin but I still doubt the possibility of seeing $100k price before the end of year.

The impossibility of getting a $100K Is becoming more clearer by the day, but I feel many won't be to disappointed if Bitcoin offers them $80K either. Towards the last week of September (if I remember correctly), we all saw an increase in Bitcoin price which even got to $65-66K. So many investors even used it as a prediction to the usual uptober events when Bitcoin usually experience a surge, but from the look of things, it doesn't look like it at all. Or maybe October is not just the month that Bitcoin will touch that $80K, but until after the November forth coming US election.
so what you are saying in nutshell is that bull run will be coming soon either this October or November . How sure are you about what you are saying cause looking at bitcoin now it is $62214 and so , so you mean it will cross above this very drastically or what are you talking to prove .
It has been rising and falling but if bull run is coming this year this will be very bigger opportunity for investors and many new projects that want to come in cryptocurrency. It will be very interesting and exciting for everyone in cryptocurrency:
Who's talking about the bull run to be in October or November? Do you read what me and Tribalvhief sated clearly before you begin to give instances of what someone didn't say? However, try to reread my words with that Tribalchief carefully before you jump into conclusions.

I believe you will understand the message we are trying to convey than all this bull run you thought we said to happen in October or November.   

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #93 on: October 09, 2024, 11:55:20 PM »
~snip
Anybody hoping to see a price of $100k from Bitcoin should get ready to see that by next year, not this year. For this year, it's a price around $80k atleast not $100k, looking at how many months remain to the end of the year, and what price Bitcoin is currently. However, there seems to be  no important event coming up, apart from the US election that will be by next month, that people are suggesting that if Trump wins, the Bitcoin price will react to it, by giving a positive price increase to Bitcoin but I still doubt the possibility of seeing $100k price before the end of year.
It's almost impossible to see Bitcoin price rise to $100k this year and if that happens, it'll definitely be the coins highest increase in price within three months. The prediction that Bitcoin is going to hit 100k can still happen but that I think will be next year and because of Donald Trump's recent involvement in Bitcoin and cryptocurrency in general, Bitcoin price is expected to significantly rise if the former US president gets re-elected by next month.
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Online Tribalchief

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #94 on: October 10, 2024, 12:03:16 AM »
so what you are saying in nutshell is that bull run will be coming soon either this October or November . How sure are you about what you are saying cause looking at bitcoin now it is $62214 and so , so you mean it will cross above this very drastically or what are you talking to prove .
It has been rising and falling but if bull run is coming this year this will be very bigger opportunity for investors and many new projects that want to come in cryptocurrency. It will be very interesting and exciting for everyone in cryptocurrency:
Who's talking about the bull run to be in October or November? Do you read what me and Tribalvhief sated clearly before you begin to give instances of what someone didn't say? However, try to reread my words with that Tribalchief carefully before you jump into conclusions.

I believe you will understand the message we are trying to convey than all this bull run you thought we said to happen in October or November.

I actually saw his reply few minutes after I made mine, but I choose not to even reply back. He completely misunderstood, and I wasn't having that free time to give a more detailed explanation. And maybe if he follow trends alot, then he must have had an idea about what uptober is all about, or why we all believe something great is tied to the forth coming US election.

~snip
It's almost impossible to see Bitcoin price rise to $100k this year and if that happens, it'll definitely be the coins highest increase in price within three months. The prediction that Bitcoin is going to hit 100k can still happen but that I think will be next year and because of Donald Trump's recent involvement in Bitcoin and cryptocurrency in general, Bitcoin price is expected to significantly rise if the former US president gets re-elected by next month.

So much is tied to the election. November is just around the corner.
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Offline doc

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #95 on: October 10, 2024, 06:23:51 AM »
~snip
Anybody hoping to see a price of $100k from Bitcoin should get ready to see that by next year, not this year. For this year, it's a price around $80k atleast not $100k, looking at how many months remain to the end of the year, and what price Bitcoin is currently. However, there seems to be  no important event coming up, apart from the US election that will be by next month, that people are suggesting that if Trump wins, the Bitcoin price will react to it, by giving a positive price increase to Bitcoin but I still doubt the possibility of seeing $100k price before the end of year.
It's almost impossible to see Bitcoin price rise to $100k this year and if that happens, it'll definitely be the coins highest increase in price within three months. The prediction that Bitcoin is going to hit 100k can still happen but that I think will be next year and because of Donald Trump's recent involvement in Bitcoin and cryptocurrency in general, Bitcoin price is expected to significantly rise if the former US president gets re-elected by next month.
I agree with you, if trump wins the US presidential election it will likely have a positive impact on the crypto market and the price of bitcoin will likely rise. After hearing the news that trump made a transaction with bitcoin, it had a positive impact on the market, but only temporarily because the market fell again as an impact of the war. We should wait for the movement of bitcoin this month, whether it will improve or whether there will be a deeper correction.

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #96 on: October 10, 2024, 09:11:33 PM »

I agree with you, if trump wins the US presidential election it will likely have a positive impact on the crypto market and the price of bitcoin will likely rise. After hearing the news that trump made a transaction with bitcoin, it had a positive impact on the market, but only temporarily because the market fell again as an impact of the war. We should wait for the movement of bitcoin this month, whether it will improve or whether there will be a deeper correction.
The price of bitcoin has fallen again, as an impact of the war because currently we see the price of bitcoin at $58K and the price of altcoins has decreased. It is possible that if Trump loses the US presidential election, the price of bitcoin will fall further and we can buy bitcoin and altcoins at lower prices.

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #96 on: October 10, 2024, 09:11:33 PM »


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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #97 on: October 10, 2024, 10:23:22 PM »
The price of bitcoin as at of today has fluctuated in a seemingly obvious way.While expectations were high on bitcoinreachimg $80k,the price as at of today has deterriorated ,while there are alot of losses attached to this event.Investors has every reason to panic obviously because no one wants to loose,although loss is ineveitable.
Anyways,i'm still positive in expecting bitcoin's current violatility in having a good turnout.
What is your thought on this?
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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #98 on: October 10, 2024, 10:28:47 PM »
If we do not have the capital for long-term holding, we should choose medium-term holding or do short-term and medium-term trading to get profits that we can use to increase capital or meet our living needs. because long-term holding must use free money and is not needed in the near future.

You're right, what happens is that Sometimes letting the bitcoin Movements go up in the medium or short term can't help, sometimes it happens the other way around, Instead of Going up a little in that Period of time what the price does is go down in price and that's where the person gets depressed, stressed out because of the desire to do Things right to get money Results , I Really think it's good when you're lucky enough for the price to go up , if so then you have the benefits, otherwise I think you should still wait so as not to take out the investment and at a loss, it's not just Recommended.

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #99 on: October 11, 2024, 09:01:22 AM »
The price of bitcoin as at of today has fluctuated in a seemingly obvious way.While expectations were high on bitcoinreachimg $80k,the price as at of today has deterriorated ,while there are alot of losses attached to this event.Investors has every reason to panic obviously because no one wants to loose,although loss is ineveitable.
Anyways,i'm still positive in expecting bitcoin's current violatility in having a good turnout.
What is your thought on this?
It is still a challenge to watch the movement of Bitcoin, which has been described here and is still a challenge for investors. Many expect the price to increase further, but in practice, few realize that movements in the market do not necessarily run in the desired direction and that many can lose a lot of money because they are not ready for this. This goes to show how vital it is to have a more, or in this case a less, solidified move rather than rely on sheer guesswork of a ramping up of prices. That the crypto market can be unpredictable at times and that recently its price started to drop is something that shows that risk cannot be tamed and every single investor has to be more careful especially in front of rather very volatile conditions.
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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #100 on: October 11, 2024, 08:26:06 PM »
If we do not have the capital for long-term holding, we should choose medium-term holding or do short-term and medium-term trading to get profits that we can use to increase capital or meet our living needs. because long-term holding must use free money and is not needed in the near future.

You're right, what happens is that Sometimes letting the bitcoin Movements go up in the medium or short term can't help, sometimes it happens the other way around, Instead of Going up a little in that Period of time what the price does is go down in price and that's where the person gets depressed, stressed out because of the desire to do Things right to get money Results , I Really think it's good when you're lucky enough for the price to go up , if so then you have the benefits, otherwise I think you should still wait so as not to take out the investment and at a loss, it's not just Recommended.
If you want to not be stressed because the bitcoin price movement is always changing and does not match our predictions in the short and medium term, we should choose long-term hold, because it is safer and does not take up much of our time to always see the bitcoin price. Because by buying when the price is still low and holding until the bullish season, we can be sure that we will get profit.

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #101 on: October 13, 2024, 09:32:35 AM »
If we do not have the capital for long-term holding, we should choose medium-term holding or do short-term and medium-term trading to get profits that we can use to increase capital or meet our living needs. because long-term holding must use free money and is not needed in the near future.

You're right, what happens is that Sometimes letting the bitcoin Movements go up in the medium or short term can't help, sometimes it happens the other way around, Instead of Going up a little in that Period of time what the price does is go down in price and that's where the person gets depressed, stressed out because of the desire to do Things right to get money Results , I Really think it's good when you're lucky enough for the price to go up , if so then you have the benefits, otherwise I think you should still wait so as not to take out the investment and at a loss, it's not just Recommended.
If you want to not be stressed because the bitcoin price movement is always changing and does not match our predictions in the short and medium term, we should choose long-term hold, because it is safer and does not take up much of our time to always see the bitcoin price. Because by buying when the price is still low and holding until the bullish season, we can be sure that we will get profit.
The steps you choose are very appropriate indeed, most importantly for those who wish to invest, but do not desire to be affected by day or weekly fluctuations. With the help of a long-term approach, we can mitigate the stress related to the price movements and bear with it, and the primary end-goal here is profit when the market is trending upwards. To hold the long term, one has to have faith in the fundamentals of Bitcoin too. On the same note this strategy spares us the time of having to constantly check on prices that could be used in other tasks. But they should remember that long term investment also demands much more patience and self-control as well as consideration of the risks that are still present.
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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #102 on: October 13, 2024, 10:53:48 AM »
~snip
Anybody hoping to see a price of $100k from Bitcoin should get ready to see that by next year, not this year. For this year, it's a price around $80k atleast not $100k, looking at how many months remain to the end of the year, and what price Bitcoin is currently. However, there seems to be  no important event coming up, apart from the US election that will be by next month, that people are suggesting that if Trump wins, the Bitcoin price will react to it, by giving a positive price increase to Bitcoin but I still doubt the possibility of seeing $100k price before the end of year.

The impossibility of getting a $100K Is becoming more clearer by the day, but I feel many won't be to disappointed if Bitcoin offers them $80K either. Towards the last week of September (if I remember correctly), we all saw an increase in Bitcoin price which even got to $65-66K. So many investors even used it as a prediction to the usual uptober events when Bitcoin usually experience a surge, but from the look of things, it doesn't look like it at all. Or maybe October is not just the month that Bitcoin will touch that $80K, but until after the November forth coming US election.
There is always excitement and apprehension among investors regarding the Bitcoin price. When the price rises or falls both greatly affect investors. Many people are commenting on the recent increase in Bitcoin price, some think that Bitcoin will hit 100k very soon, while others think that $80k is more likely. Whether it is $80k or $100k, it is easy to profit from Bitcoin if investors are committed to a target. As October was positive compared to other months, many are expecting Bitcoin price to peak this month. Although many are looking towards the US election in November, if somehow Trump comes to power, the price of Bitcoin could go over $100K.

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #103 on: October 13, 2024, 11:58:15 AM »
There is always excitement and apprehension among investors regarding the Bitcoin price. When the price rises or falls both greatly affect investors. Many people are commenting on the recent increase in Bitcoin price, some think that Bitcoin will hit 100k very soon, while others think that $80k is more likely. Whether it is $80k or $100k, it is easy to profit from Bitcoin if investors are committed to a target. As October was positive compared to other months, many are expecting Bitcoin price to peak this month. Although many are looking towards the US election in November, if somehow Trump comes to power, the price of Bitcoin could go over $100K.
Currently, we can start being optimistic about BTC's future in this Q4. Despite the price drop at the beginning of the month, BTC price is recovering and creating opportunities for altcoins to increase impressively. Many investors are just waiting for altseason, but altseason only comes when BTC price reaches a new ATH and stabilizes in that price range for long enough.

I don't have a specific price target for BTC, I just believe that BTC price will continue to rise instead of falling back to 4xK as many traders are expecting. The large price volatility of BTC will create great opportunities for those who understand market behavior.

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Re: Investors are panicking due to Bitcoin's current volatility.
« Reply #104 on: October 13, 2024, 03:03:49 PM »
~snip
Anybody hoping to see a price of $100k from Bitcoin should get ready to see that by next year, not this year. For this year, it's a price around $80k atleast not $100k, looking at how many months remain to the end of the year, and what price Bitcoin is currently. However, there seems to be  no important event coming up, apart from the US election that will be by next month, that people are suggesting that if Trump wins, the Bitcoin price will react to it, by giving a positive price increase to Bitcoin but I still doubt the possibility of seeing $100k price before the end of year.

The impossibility of getting a $100K Is becoming more clearer by the day, but I feel many won't be to disappointed if Bitcoin offers them $80K either. Towards the last week of September (if I remember correctly), we all saw an increase in Bitcoin price which even got to $65-66K. So many investors even used it as a prediction to the usual uptober events when Bitcoin usually experience a surge, but from the look of things, it doesn't look like it at all. Or maybe October is not just the month that Bitcoin will touch that $80K, but until after the November forth coming US election.
There is always excitement and apprehension among investors regarding the Bitcoin price. When the price rises or falls both greatly affect investors. Many people are commenting on the recent increase in Bitcoin price, some think that Bitcoin will hit 100k very soon, while others think that $80k is more likely. Whether it is $80k or $100k, it is easy to profit from Bitcoin if investors are committed to a target. As October was positive compared to other months, many are expecting Bitcoin price to peak this month. Although many are looking towards the US election in November, if somehow Trump comes to power, the price of Bitcoin could go over $100K.
I'm cautiously optimistic about Bitcoin's 2024 prospects. The halving event and regulatory clarity are positives, but market volatility and global uncertainty are concerns.
I'm aiming for $50-70k this year, not $100k. My strategies are to diversify accross assets,which is highly advisable and  obviously have a long term focus.
Already invested in Bitcoin and select altcoins. Will adjust as market trends unfold.
Your thoughts on this?
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