Post
Topic
Board Nigeria (Naija)
Re: As bitcoin is rising what is your plans
by
Fivestar4everMVP
on 14/11/2023, 09:58:26 UTC
When you check you will see that bitcoin price is rising day and night and what price do you think that will be maximum price of bitcoin this year and before we enters 2024, and again what will you advice people to do as the price of bitcoin is increasing, will you advice people to buy now or will you tell people around your neighbourhood who is lovers of bitcoin to wait until the price is down before you buy bitcoin, as a cryptocurrency investors I will like you to make sure you have drop your own suggestion of the price poll of bitcoin this ending of year 2023 December 31st
Cryptocurrency prices are generally hard to predict, it's not that it's hard, it's unpredictable, and as we all know, bitcoin itself is the father of all cryptocurrencies, and this makes the price of bitcoin unpredictable as well.
I can't say with certainty, that bitcoin will keep going up in price all through this year, for based on past experiences, there will always be some corrections from time to time, correction period is a time that the price will adjust backwards to match the actual trading volume on both sides, so for me, If I must predict., I did say that what I know is that, we won't see bitcoin below $30,000 this year again.

And if anyone is will to make money in the next coming months, buy bitcoin now and hold, don't wait for tomorrow for the price may go up further, and it may also drop, if it drops below the price you bought it previously, then just buy more, and also look for good altcoins and buy as well, don't depend on bitcoin.