Quote from: JayJuanGee on Today at 02:40:59 PM

Quote from: GeorgeJohn on April 22, 2024, 09:26:52 PM

Quote from: laijsica on April 22, 2024, 09:44:07 AM

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it is obvious that bitcoin price is appreciating but I know quite well that before Bitcoin price will reach to the expected point people would likely want bitcoin to reach I think it will take them time so therefore let us all believe that the more investors are coming in cryptocurrency especially Bitcoin the more the price will continue to accelerate, so I believe that cryptocurrency and mostly bitcoin can not do without investors, so right now the price that was going up is now depreciating so let us know that the price of bitcoin is something that interchanges.

You may or may be right that it could take time for the bitcoin price to go up; however, you have to consider the possibility that it might not end up taking as much time as you are speculating that it might take, and some of the dips that you are expecting to be likely to take place might not end up happening when you expect them to happen.

There are a lot of no coiners and low coiners who were waiting for lower BTC prices at $27k, and they are still waiting for a "proper" dip, and they become disgruntled. The same is going to happen at today's prices with guys who fail/refuse to stack enough sats because they are too busy thinking about dips that might happen or that they still have a lot of time to stack sats in these prices, which may or may not be true.

And, you need to shake your idea of lumping bitcoin in as just one other "crypto currencies".. since you are likely failing and refusing to understand bitcoin since you want to classify it as just the best of the crypto currencies.. which technically is not incorrect, but it is still a bad way of thinking about the bitcoin matter.

I understand that recently, there has been so much crap on bitcoin, especially referring to runes and ordinals, that makes bitcoin seem like just another shitcoin, yet there still remain strong foundational elements in bitcoin that still distinguish it from the various shitcoins that are out there.

Quote from: Ambatman on Today at 09:34:05 AM

Quote from: JayJuanGee on April 16, 2024, 10:59:04 PM

How do you know if there is going to be resistance at $100k or not?

Many individuals have already started confining themselves to the matter $100K that's it's becoming a psychological level to them.
I still don't understand how people would dream too small
Buying Bitcoin around $60K and selling at $100K is not profit to me
You can't compare it with individuals that bought for $16K and still holding.
Funny that getting to $100K,Bitcoin would use the money of those that shorted at 100K to shoot higher.

Of course if you have an average price per BTC that is $16k to $40k you are going to have more options than someone with a higher average cost per BTC, yet you still should be attempting to consider your situation in terms of the total size of your BTC stack and if you should keep stacking, rather than how much you are in profits, and sure, if someone has an income of $40k per year, and he has around 10 bitcoins, he might think differently from someone who has 1-2 bitcoin.

And there are people of similar levels of income with even fewer income who are not even adequately considering how many BTC that they might need. Yeah we cannot completely know how many we need, except for maybe valuing our stash using the 200-WMA rather than spot price, especially if we are trying to project into the future and considering projecting that the BTC price is likely continuing to go up, whether referring to the 200-WMA or the spot price.

Bitcoin is a great coin that is way more bigger than the other coin, bitcoin is special I see it as world currency.
When investing on Bitcoin all we should bear in mind is that, this coin will always become better and bigger so when investing don't wait for it to come down in price before investing because that may never happen instead it will keep going up.
For those who has the financial strength I will advise you invest big on Bitcoin and for those who don't have much financial strength I will advise you invest as you can, 10 years ago people who had the opportunity to invest on Bitcoin and didn't are still regretting till date and I still believe people in 2024 will still regret in 5 years later for not investing on Bitcoin, some will also regret on investing low.
Buy as much Bitcoin as you can keep buying don't wait for it to come down before you buy, Bitcoin is a world class coin and the greatest that will ever be.