Quote from: SquirrelJulietGarden on October 05, 2024, 02:08:16 PM

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.

I see the long term of my Bitcoin investment so I will invests my money in Bitcoin. I already did that from a long time ago and take my profit in the ATH. Although the time is not right after the ATH but that still a big profit for me. This time we see Bitcoin price back to $61k after reached $63k yesterday so this is a good time to added more Bitcoin especially if you already sold your Bitcoin at $63k.

My plans is add more Bitcoin especially if the price later can down and be at under $60k. That will be more discount for me to buy at a low price.

Quote from: SquirrelJulietGarden on October 05, 2024, 02:08:16 PM

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.

Like today where some of them panic seeing the price is down to $61k which they don't expect. But that is happens in front of them without they can hold the price. If they can not manage their panic, they will not see the chance to buy back at at low price because they will busy to think how to solve the problem they have. We can make our own prediction but we must realize that the market can move to any sides so we must have more plans to anticipate if something goes wrong and moves to the other direction. But if we want to increase our investment in Bitcoin, we will not have to afraid or panic when the price is down because we will buy more so we can have more amount of Bitcoin. We can just hodl our Bitcoin until the ATH so we can sell and make a big profit.

Quote from: AmoreJaz on October 05, 2024, 10:10:05 PM

What we can do here is speculate and act on it, so you can take advantage of your speculation. But if not, you can just observe and see where the trend is heading to...
Though it has been more than a decade that we have this digital currency, still, we can't exactly predict what price will it have for the next coming days. The high volatility factor is the major aspect why it is hard to determine its next day's value. Even after few hours, we have seen that the price change sometimes is quite big.

Speculate is fine but we must check the situation so we can adapt our speculation with the existing situation. We can observe and see the trend while we also search for the time to enter the market and buy back more amount. It is difficult to predict what price will be in the next coming days because there are no clearly sign about that and we can only guess and prepare for anything. The volatility now becomes unpredictable since many parties joined in Bitcoin so that can makes us confuse what to do if we can not analyzing the market. The price now already changed to $61k which mean the correction still at the market so we must be careful to act.