Quote from: Dzwaafu11 on September 12, 2023, 04:06:09 PM

Quote from: Sexylizzy2813 on August 23, 2023, 05:10:14 PM

Honestly the current price of Bitcoin is not encouraging and it can make one take a decision that you'll regret and OP I think everyone will have to glue their eyes on the price of it will go up or down, patience is the key to all these.

This will be for new investors that still lack knowledge of how the bitcoin market fluctuates, because as we are expecting something big, most investors knew this would happen in the market, even though the market for bitcoin is unpredictable. If you look at how the market has been going a few months ago, you will understand we will have a dump before the market rises again. And if we all take this into consideration, then definitely some people will regret their decision because they will lose funds, but as we are saying, if they have patience, anything that goes around must come around.

Is it like ups and downs situation where it goes up and comes down? If that's the case I think from all these crazy movement I think investors shouldn't panic better still they should act like is nothing, like they now know what will follow next.
Like you said Bitcoin price is unpredictable and if it goes up investors should expect it to come down the next time, not easy to follow but the question is can they keep track of the positive and negative movement of Bitcoin price?

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At the moment no amount of prediction can make traders or investors to feel better, for now they hope for the best. The price is going up but I don't know if it will get up to $30k.
$26k is the current price, before the end of this week my instincts tells me that we're going to have it at $29-$30... Not a prediction just what I feel might happen.

Investors don’t have a problem with the amount of bitcoin right now as they most of them know how it works, and any investor who is panicking because of the dumping will either have invested the amount he cannot afford to lose or something similar to that, as we are all expecting the price to go higher, and this is not the first time in which the market is declining; we need to consider that also.
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For an investor to start panicking then he hasn't seen the worse of Bitcoin price, either he/she is new to it or is just that lack of patience. Definitely what goes up must surely come down and in Bitcoin price as far as I know ones it comes down it won't stay down for a long period of time. So I expected investors to know when to hold and not to.
Since they're expecting something that would turn everything around come next year I just wish they could keep that hope of seeing the next bull come to pass, but as for me this year is still promising.