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Author Topic: What is the importance of price in Bitcoin?  (Read 4169 times)

Offline Aanuoluwatofunmi

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Re: What is the importance of price in Bitcoin?
« Reply #30 on: September 12, 2024, 03:09:03 PM »
Nothing has changed for Bitcoin except the price.   Bitcoin is where it's at, the price is influenced by people who don't understand Bitcoin (otherwise they would just HODL).  We cannot understand Bitcoin if we do not know about it.

  Bitcoin will still take over.   The price will rise to $1 million and eventually, there is no question about it.   Just use the opportunity to buy cheap.   The only thing that matters is the amount of Bitcoins you own.  And it will be profitable..

The bitcoin price helps a lot in making decision and setting on some determining factors over what we want in cryptocurrency investment, this is very useful for those trying to get into the market and those making trades and investment on bitcoin because they are going to have a direction on when and how to invest in bitcoin, for how long to hold and other investment decisions they may want to carry out.

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Re: What is the importance of price in Bitcoin?
« Reply #30 on: September 12, 2024, 03:09:03 PM »

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Re: What is the importance of price in Bitcoin?
« Reply #31 on: September 12, 2024, 03:39:57 PM »
You are just quoting numbers without facts. You think Bitcoin price will just shoot up one day and go $1M in a short time? You are not even saying $100k but a 10x from the $100k. I hope you know that to achieved that price, you will need to have Trillions of Bitcoin in market cap and has billions of steady volume in trading.

I want you to know that people that believe in Bitcoin will always hold and continue to hold regardless if other people that panic sell their Bitcoin or want to hold. Just know that Bitcoin isn't a scheme to grow and hold, everyone can do what they wish with their bags.
Hmmmm this makes sense. We should keep in mind that Bitcoin price will not suddenly go up to $1M without good reason. If this want to happen so Bitcoin would need to be worth trillions of dollars and have lot of people trading it regularly which can not happen quickly. People who really believe in Bitcoin will keep holding it even if others think to sell theirs. Everyone can decide what he/she do with their own Bitcoin. Bitcoin is not way to get rich quickly. Its value will be decided by what is happening in market not just for what people hope or think will happen. We need to be careful and informed when thinking about Bitcoin's future.
Bitcoin price has the potential to rise to a million dollars but that might happen in 8-10 years, because for now there is still not much trading volume of bitcoin to reach that level. Prediction on bullish next year bitcoin price will reach $150k or if there is good news it might reach $200K, we'll see early next year how the crypto market moves.
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Re: What is the importance of price in Bitcoin?
« Reply #31 on: September 12, 2024, 03:39:57 PM »

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Offline Blaze

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Re: What is the importance of price in Bitcoin?
« Reply #32 on: September 13, 2024, 02:37:28 PM »
You are just quoting numbers without facts. You think Bitcoin price will just shoot up one day and go $1M in a short time? You are not even saying $100k but a 10x from the $100k. I hope you know that to achieved that price, you will need to have Trillions of Bitcoin in market cap and has billions of steady volume in trading.

I want you to know that people that believe in Bitcoin will always hold and continue to hold regardless if other people that panic sell their Bitcoin or want to hold. Just know that Bitcoin isn't a scheme to grow and hold, everyone can do what they wish with their bags.
Hmmmm this makes sense. We should keep in mind that Bitcoin price will not suddenly go up to $1M without good reason. If this want to happen so Bitcoin would need to be worth trillions of dollars and have lot of people trading it regularly which can not happen quickly. People who really believe in Bitcoin will keep holding it even if others think to sell theirs. Everyone can decide what he/she do with their own Bitcoin. Bitcoin is not way to get rich quickly. Its value will be decided by what is happening in market not just for what people hope or think will happen. We need to be careful and informed when thinking about Bitcoin's future.
Bitcoin price has the potential to rise to a million dollars but that might happen in 8-10 years, because for now there is still not much trading volume of bitcoin to reach that level. Prediction on bullish next year bitcoin price will reach $150k or if there is good news it might reach $200K, we'll see early next year how the crypto market moves.
It is necessary to learn the trends and newest arrivals in the specific market, which in our case is the crypto market. Here other factors that can lead to changes in prices include New technologist, rules and regulations, volatilities in the market trends. It will be beneficial to direct the discussion to precise facts along with detailed analysis to make better decisions about the future investments.
 
 Moreover, getting an expert opinion and debating with a group of individuals who have the similar view can give extra ideas and increase the understanding of the more complex features of the market. ChemConnection can be a perfect method of staying bound and informed about the possible changes in a certain market, especially for the members of the chemistry field.

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Re: What is the importance of price in Bitcoin?
« Reply #33 on: September 14, 2024, 09:44:08 PM »

it is necessary to learn the trends and newest arrivals in the specific market, which in our case is the crypto market. Here other factors that can lead to changes in prices include New technologist, rules and regulations, volatilities in the market trends. It will be beneficial to direct the discussion to precise facts along with detailed analysis to make better decisions about the future investments.
 
 Moreover, getting an expert opinion and debating with a group of individuals who have the similar view can give extra ideas and increase the understanding of the more complex features of the market. ChemConnection can be a perfect method of staying bound and informed about the possible changes in a certain market, especially for the members of the chemistry field.
Yes we have to learn new trends and new technologies in crypto because something new has a greater chance of profit, but don't forget the risk is also greater. We have to do research and read every debate that exists because this will increase our insight to decide on investment or wait until we are sure to buy coins from the new project. but honestly I will follow the new trend to make a profit.

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Re: What is the importance of price in Bitcoin?
« Reply #34 on: September 15, 2024, 01:07:27 PM »

it is necessary to learn the trends and newest arrivals in the specific market, which in our case is the crypto market. Here other factors that can lead to changes in prices include New technologist, rules and regulations, volatilities in the market trends. It will be beneficial to direct the discussion to precise facts along with detailed analysis to make better decisions about the future investments.
 
 Moreover, getting an expert opinion and debating with a group of individuals who have the similar view can give extra ideas and increase the understanding of the more complex features of the market. ChemConnection can be a perfect method of staying bound and informed about the possible changes in a certain market, especially for the members of the chemistry field.
Yes we have to learn new trends and new technologies in crypto because something new has a greater chance of profit, but don't forget the risk is also greater. We have to do research and read every debate that exists because this will increase our insight to decide on investment or wait until we are sure to buy coins from the new project. but honestly I will follow the new trend to make a profit.
I divide my crypto investment into several coins, because I think diversifying will increase the opportunity to achieve profit and minimize losses. I invest in old coins and also new coins, old coins like bitcoin, ethereum, BNB are safe coins for long-term holding. While new coins are suitable for medium term, that's according to my research so far.

Offline Ricardo11

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Re: What is the importance of price in Bitcoin?
« Reply #35 on: September 15, 2024, 01:29:11 PM »

it is necessary to learn the trends and newest arrivals in the specific market, which in our case is the crypto market. Here other factors that can lead to changes in prices include New technologist, rules and regulations, volatilities in the market trends. It will be beneficial to direct the discussion to precise facts along with detailed analysis to make better decisions about the future investments.
 
 Moreover, getting an expert opinion and debating with a group of individuals who have the similar view can give extra ideas and increase the understanding of the more complex features of the market. ChemConnection can be a perfect method of staying bound and informed about the possible changes in a certain market, especially for the members of the chemistry field.
Yes we have to learn new trends and new technologies in crypto because something new has a greater chance of profit, but don't forget the risk is also greater. We have to do research and read every debate that exists because this will increase our insight to decide on investment or wait until we are sure to buy coins from the new project. but honestly I will follow the new trend to make a profit.
I divide my crypto investment into several coins, because I think diversifying will increase the opportunity to achieve profit and minimize losses. I invest in old coins and also new coins, old coins like bitcoin, ethereum, BNB are safe coins for long-term holding. While new coins are suitable for medium term, that's according to my research so far.
Your method is correct, if you invest in this way, you will have various leverage opportunities. Because new coins can sometimes get good things, although the risk is high, we will have the chance to get good things when we take more risks. So if we invest in the new coin along with the old top coin, In addition to this, if you invest in new coins, it can have a much more positive effect on our financial situation.
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Offline Legion

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Re: What is the importance of price in Bitcoin?
« Reply #36 on: September 16, 2024, 01:14:20 PM »
Your method is correct, if you invest in this way, you will have various leverage opportunities. Because new coins can sometimes get good things, although the risk is high, we will have the chance to get good things when we take more risks. So if we invest in the new coin along with the old top coin, In addition to this, if you invest in new coins, it can have a much more positive effect on our financial situation.
The idea of investing with new coins and old coins appears to be quite inviting, and thus attractive. New coins are usually characterized by higher potential growth than the established digital assets but at the same time contain higher risks. On the same note, more stable coins might provide stability coupled with security against higher fluctuations. With this strategy, you will be in a position to benefit from the new coins that are as a result of inventions in the market and at the same time have your investment secured in other coins. It allows you to pursue growth in the process, but at the same time, avoid on any or some of the threats that are likely to occur at large.

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Re: What is the importance of price in Bitcoin?
« Reply #36 on: September 16, 2024, 01:14:20 PM »


Offline legend45

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Re: What is the importance of price in Bitcoin?
« Reply #37 on: September 16, 2024, 02:59:54 PM »
Your method is correct, if you invest in this way, you will have various leverage opportunities. Because new coins can sometimes get good things, although the risk is high, we will have the chance to get good things when we take more risks. So if we invest in the new coin along with the old top coin, In addition to this, if you invest in new coins, it can have a much more positive effect on our financial situation.
The idea of investing with new coins and old coins appears to be quite inviting, and thus attractive. New coins are usually characterized by higher potential growth than the established digital assets but at the same time contain higher risks. On the same note, more stable coins might provide stability coupled with security against higher fluctuations. With this strategy, you will be in a position to benefit from the new coins that are as a result of inventions in the market and at the same time have your investment secured in other coins. It allows you to pursue growth in the process, but at the same time, avoid on any or some of the threats that are likely to occur at large.
New coins will give higher profits than old coins, but the risk is also higher. If we decide to buy new coins, we should do good research and make an analysis before buying new coins. I don't have much experience with new projects, but I learned to take advantage of buying potential new coins. Although the risk is high, of course we don't use large capital.
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Offline 0t3p0t

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Re: What is the importance of price in Bitcoin?
« Reply #38 on: September 16, 2024, 03:28:59 PM »
Nothing has changed for Bitcoin except the price.   Bitcoin is where it's at, the price is influenced by people who don't understand Bitcoin (otherwise they would just HODL).  We cannot understand Bitcoin if we do not know about it.

  Bitcoin will still take over.   The price will rise to $1 million and eventually, there is no question about it.   Just use the opportunity to buy cheap.   The only thing that matters is the amount of Bitcoins you own.  And it will be profitable..
I think that you will be created an excellent topic in this moment. Because we also believe that bitcoin price is very important matter in cryptocurrency market. We also know that bitcoin is one of the best valuable crypto in cryptocurrency world. In future bitcoin price will be cross $100k. So i think if we invest in bitcoin, it wiill be Proper time for holder and investors. Because i think after down in bitcoin will be very pump in the cryptocurrency market.

It's essential to accumulate it no matter the price.
You will thank the market later ;D
Well yeah that is actually what it should be because at the end of the day we are still getting what the future prices may bring so much better to prepare for it and the best way to do that is to accumulate as many and as early as possible because we don't know what tomorrow will bring but one thing is for sure is that Bitcoin in the future is much more expensive than what we have today.

Offline akeemqaz

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Re: What is the importance of price in Bitcoin?
« Reply #39 on: September 16, 2024, 03:51:29 PM »
Yes. What's important is the amount of Bitcoin you own at a particular average purchase price if you practice DCA. That will determine the amount of profit you'll make over time.
I think Bitcoin is the safest investment in the crypto space, and it's going to continue increasing in value over the years.

Offline Dr.Bitcoin_Strange

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Re: What is the importance of price in Bitcoin?
« Reply #40 on: September 17, 2024, 01:38:33 AM »
Yes. What's important is the amount of Bitcoin you own at a particular average purchase price if you practice DCA. That will determine the amount of profit you'll make over time.
I think Bitcoin is the safest investment in the crypto space, and it's going to continue increasing in value over the years.

DCA is not for everyone, there are some persons that actually have a large capital and can therefore purchase  a huge sum of Bitcoin just in one go and those people only use DCA strategy when it's really necessary, for example if they are not certain about the price for that moment. The possibility of making enough profit from Bitcoin is when you have enough capital and when you are able to hold for a long time.

Offline Rubel007

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Re: What is the importance of price in Bitcoin?
« Reply #41 on: September 17, 2024, 04:03:46 AM »
Your method is correct, if you invest in this way, you will have various leverage opportunities. Because new coins can sometimes get good things, although the risk is high, we will have the chance to get good things when we take more risks. So if we invest in the new coin along with the old top coin, In addition to this, if you invest in new coins, it can have a much more positive effect on our financial situation.
The idea of investing with new coins and old coins appears to be quite inviting, and thus attractive. New coins are usually characterized by higher potential growth than the established digital assets but at the same time contain higher risks. On the same note, more stable coins might provide stability coupled with security against higher fluctuations. With this strategy, you will be in a position to benefit from the new coins that are as a result of inventions in the market and at the same time have your investment secured in other coins. It allows you to pursue growth in the process, but at the same time, avoid on any or some of the threats that are likely to occur at large.
Investors in crypto platforms must take risks to be successful. There is no instance of succeeding without risk. But it is also important to know whether the investor has high risk taking capacity or not. Any excess risk beyond what I can bear will cause me to lose. But in order to reduce the risk, I definitely need to invest in a reliable platform. Newer coins have higher returns as well as higher chances of losing. I think it is safe to invest in those coins which are surviving for a long time and have a good reputation and potentiality in the market and of all crypto platforms, Bitcoin is the safest and most profitable investment for long-term investors.

Offline royalRitta

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Re: What is the importance of price in Bitcoin?
« Reply #42 on: September 17, 2024, 10:26:29 AM »
Yes. What's important is the amount of Bitcoin you own at a particular average purchase price if you practice DCA. That will determine the amount of profit you'll make over time.
I think Bitcoin is the safest investment in the crypto space, and it's going to continue increasing in value over the years.
DCA is not for everyone, there are some persons that actually have a large capital and can therefore purchase  a huge sum of Bitcoin just in one go and those people only use DCA strategy when it's really necessary, for example if they are not certain about the price for that moment. The possibility of making enough profit from Bitcoin is when you have enough capital and when you are able to hold for a long time.

DCA is for those that have a reliable source of income that isn't too big, thus, they would ensure that they would have their funds in BTC ensuring their stability as a whole in the long run, if implemented properly.

Offline rizqillah

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Re: What is the importance of price in Bitcoin?
« Reply #43 on: September 17, 2024, 11:02:12 AM »
Your method is correct, if you invest in this way, you will have various leverage opportunities. Because new coins can sometimes get good things, although the risk is high, we will have the chance to get good things when we take more risks. So if we invest in the new coin along with the old top coin, In addition to this, if you invest in new coins, it can have a much more positive effect on our financial situation.
The idea of investing with new coins and old coins appears to be quite inviting, and thus attractive. New coins are usually characterized by higher potential growth than the established digital assets but at the same time contain higher risks. On the same note, more stable coins might provide stability coupled with security against higher fluctuations. With this strategy, you will be in a position to benefit from the new coins that are as a result of inventions in the market and at the same time have your investment secured in other coins. It allows you to pursue growth in the process, but at the same time, avoid on any or some of the threats that are likely to occur at large.
Investors in crypto platforms must take risks to be successful. There is no instance of succeeding without risk. But it is also important to know whether the investor has high risk taking capacity or not. Any excess risk beyond what I can bear will cause me to lose. But in order to reduce the risk, I definitely need to invest in a reliable platform. Newer coins have higher returns as well as higher chances of losing. I think it is safe to invest in those coins which are surviving for a long time and have a good reputation and potentiality in the market and of all crypto platforms, Bitcoin is the safest and most profitable investment for long-term investors.
I agree with you, if bitcoin is the safest coin among other crypto. because bitcoin will be more expensive during the bullish season and this has been proven several times in the 4-year cycle. While altcoins have higher risks but the profits given are higher. new projects also have higher risks with higher profit levels, I think this depends on your ability to make analysis and decide which coins are suitable to buy.

Offline luckyledger

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Re: What is the importance of price in Bitcoin?
« Reply #44 on: September 17, 2024, 11:04:06 AM »
Your method is correct, if you invest in this way, you will have various leverage opportunities. Because new coins can sometimes get good things, although the risk is high, we will have the chance to get good things when we take more risks. So if we invest in the new coin along with the old top coin, In addition to this, if you invest in new coins, it can have a much more positive effect on our financial situation.
The idea of investing with new coins and old coins appears to be quite inviting, and thus attractive. New coins are usually characterized by higher potential growth than the established digital assets but at the same time contain higher risks. On the same note, more stable coins might provide stability coupled with security against higher fluctuations. With this strategy, you will be in a position to benefit from the new coins that are as a result of inventions in the market and at the same time have your investment secured in other coins. It allows you to pursue growth in the process, but at the same time, avoid on any or some of the threats that are likely to occur at large.
Investors in crypto platforms must take risks to be successful. There is no instance of succeeding without risk. But it is also important to know whether the investor has high risk taking capacity or not. Any excess risk beyond what I can bear will cause me to lose. But in order to reduce the risk, I definitely need to invest in a reliable platform. Newer coins have higher returns as well as higher chances of losing. I think it is safe to invest in those coins which are surviving for a long time and have a good reputation and potentiality in the market and of all crypto platforms, Bitcoin is the safest and most profitable investment for long-term investors.
I agree with you, if bitcoin is the safest coin among other crypto. because bitcoin will be more expensive during the bullish season and this has been proven several times in the 4-year cycle. While altcoins have higher risks but the profits given are higher. new projects also have higher risks with higher profit levels, I think this depends on your ability to make analysis and decide which coins are suitable to buy.

Yep, each person decides for themselves, I think that way too. Some prefer stability, some - the profits at hand. It's natural and organic that every person in the crypto space has a choice for that matter.

 

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