Quote from: Assface16678 on January 07, 2024, 11:07:07 PM

Quote from: Ale88 on January 07, 2024, 05:33:28 PM

Quote from: RioBlemz on December 29, 2023, 01:01:52 PM

I can only see a sudden fall if Bitcoin ETF is not approved and you may as well add your input on this. However, from now till 2026 will be promising for BTC as there would be favorable outcome. It is a game of patience.

If the ETF is not approved I see a dump as well, and to be honest I would be quite happy because it would give me more time to buy more satoshis, unfortunately I wish I had more and I see the price that just keeps going up and up, so a dump for me would be more than welcome. Anyway let's not forget that the ETF approval could also be a sell the news event, so we could have a dump either way.

I like you being optimistic there, while many investors or bitcoin holders fear that if ETF doesn't approve bitcoin, then bitcoin price could experience a great decrease in price, but for us who are seeing this happening as an opportunity, an opportunity to buy more satoshi and to invest more so that after some time when bitcoin price gets back from its price before the fall, then its a profit for us. But still, I don't think that even if the ETF doesn't approve bitcoin, it will affect the bitcoin price too much, because over the years, even without its approvals, bitcoin has shown its potential, kept on increasing in price, and kept on setting a new ATH, so I'm confident that bitcoin will still remain at its current price or remain in its zone of price. Anyway, let's wait for the result. Either way, we investors can benefit from it. If approved, then bitcoin might increase more; if not, then we can bring more bitcoin and wait for the increase in price.

We agree that Bitcoin's strength isnt dependent on ETF approval. Bitcoin has defied financial conventions and shown tenacity. See its history: Bitcoin's value has reached record highs due to its decentralization, limited supply, and active community, not institutional acceptance.

Bitcoin is more than a currency or investment. Its novel approach challenges financial systems. ETF or not, Bitcoin is gaining popularity because it changes how we see and handle money. Decentralization frees it from single entity decisions and policies. The autonomy is a major draw.

Bitcoin always thrive without ETFs. Powerful on its own. Investors and believers in its potential should study its technology and ideology. Knowing the market's fluctuations helps us make smart decisions. Im eager to join Bitcoin's revolutionary finance.