Post
Topic
Board Trading Discussion
Re: What do you think bitcoin price would be in the next few days?
by
SquirrelJulietGarden
on 05/10/2024, 14:08:16 UTC
It is still a mystery where Bitcoin price will be in the next few days. Although we can guess the price will be, we don't have a right answer and can only waits. We hopes the price can increase to $65000 but if the price still going down, we can not do anything and accepts that. But if the price really down for more, we should use that moment to buy more.
If you view the market long term, invest your money in Bitcoin with this vision, you will not see price target at $65,000 next few days is important. Because you aim at considerable higher prices and aim at very far future, not just couple of days in very near future.

I'd like to make my investment plan with this chart of Future Bitcoin Supply.

Quote
We don't have panic if the price still going down because we should remember that the Bitcoin price can go to anywhere. It is better we enjoy the ride and always check the chance to buy more.
People who are predicting next price movement of Bitcoin will mostly be panic. It's because the market does not move as their predictions and most predictors fail with their market predictions, then market has more panic people than calm one.

If you are making your own prediction, you will be less likely calm when market beats your prediction that usually comes with your investment or trading plan too.