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Bitcoin IS Bulling Again

The Haze Of Our Lives

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    Black family? It's not too late to get in on the crypto wave. Don't be left behind like when master card and amazon went public. Hold on to $200 and watch it grow. No I dont have a Ref code I want you to use..What I DO want is more of MY ppl to buy or mine crypto. The government won't ban it like China did. The US won't leave that much tax revenue on the table and just walk away.

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    RCNAL

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    I don't try and talk people into bitcoin or ethereum. If by now you don't like it, understand it or whatever, do you. All I know is if you hold it for 5 years at any time, you will see it go parabolic at least once. That said, I don't think we will ever see a 20k bitcoin again. The only other time we may is if (I think when) the economy completely crashes (closer to 1929 than 2008).
     

    Danny

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    For those that were able to take the advantage and invested in BTC when it came down to $18k few months ago are the fortunate one's right now because they are immediately enjoying the bullish run of the coin. Although, some people still believe that trading the coin on futures is best for now.
     

    RCNAL

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    I have traded it on forex, all kinds of things with BTC and cryptos in general in the past but for me what seems the best thing is the simplest. HODL (Hold On for Dear Life). Buy and hold and keep buying. Over time, you will do extraordinarily well. Depending on how much you invest and are willing to hold it, its one of the very few rare things you can become a millionaire in, in a fairly short period of time. Also, just sticking to BTC exclusively and maybe a little ETH. That's it. No other alt coins, just BTC. Keep it boring and simple, buy and hold and keep buying.

    That seemed the best to me and its what I do solely. In the time I've been in it, I've never seen it go more than 3 years without blowing up and going parabolicly high. The best MFN investment I've ever made. And I've tried a lot of them.
     

    ProMoatBlack

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    I have traded it on forex, all kinds of things with BTC and cryptos in general in the past but for me what seems the best thing is the simplest. HODL (Hold On for Dear Life). Buy and hold and keep buying. Over time, you will do extraordinarily well. Depending on how much you invest and are willing to hold it, its one of the very few rare things you can become a millionaire in, in a fairly short period of time. Also, just sticking to BTC exclusively and maybe a little ETH. That's it. No other alt coins, just BTC. Keep it boring and simple, buy and hold and keep buying.

    That seemed the best to me and its what I do solely. In the time I've been in it, I've never seen it go more than 3 years without blowing up and going parabolicly high. The best MFN investment I've ever made. And I've tried a lot of them.
    Love this post. I have found in life that the steady thing that takes time usually pans out. It's the get rich quick schemes that will have you broke. Steady wins the race more often than not.
     

    Barida

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    For those that were able to take the advantage and invested in BTC when it came down to $18k few months ago are the fortunate one's right now because they are immediately enjoying the bullish run of the coin. Although, some people still believe that trading the coin on futures is best for now.

    I am looking at the situation where it will drop again, so that I can buy. I always know that Bitcoin will appreciate in value even when it dropped to $18k. I didn't have enough funds on me back then to buy and I honestly regret it at the moment.
     

    Sapphire

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    Some dude I work with was trying to convince people that Bitcoin and crypto, in general, is a trap. They want to normalize it so they can use the system to control people's money across the board.

    Someone else said he is just saying that so the numbers dip lower and he can get more for his money! LOL
     

    The Haze Of Our Lives

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    Some dude I work with was trying to convince people that Bitcoin and crypto, in general, is a trap. They want to normalize it so they can use the system to control people's money across the board.

    Someone else said he is just saying that so the numbers dip lower and he can get more for his money! LOL
    Steady mining it and ETH. #Clockin #FullStreamAhead #HODL
     

    Danny

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    I am looking at the situation where it will drop again, so that I can buy. I always know that Bitcoin will appreciate in value even when it dropped to $18k. I didn't have enough funds on me back then to buy and I honestly regret it at the moment.
    There's a guy that I follow on Twitter that always gives updates and analysis on how Bitcoin price behaves for a while now, his last update was that BTC wouldn't fall back to $19k again in a very long time. If that happens, we have missed out on the opportunity.
     

    Barida

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    There's a guy that I follow on Twitter that always gives updates and analysis on how Bitcoin price behaves for a while now, his last update was that BTC wouldn't fall back to $19k again in a very long time. If that happens, we have missed out on the opportunity.

    It is now worth over $23k as I write this. I will like to follow the guy on Twitter, so that I can be getting updates on Binance coin and Bitcoin. The benefit of that is one can buy and HODL with the hope that the predictions become a reality.
     

    RCNAL

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    Bitcoin has always eventually trended up in a big way but goes into dormant periods up to 3 years in its short history. That said, the economy may tank this year. The way things are looking. The stock market is shaky, there are tons of systemic and endemic issues in our economy. Bitcoin has been in a slump for several months now, its not uncommon for it to be in a slump for a couple years. I recall December 2017 it hit 19k and by March of 2020 it was as low as 6k. Then December of that year it took off to 29k.

    Personally I think this is a good time to buy, even a little bit and if it drops and that is very possible, its an even better. If your goal is a few years out, its good. If you need to retire soon or trying to make quick money, then no.
     

    RCNAL

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    I have invested what I need to invest in Bitcoin now, so I'm only hoping for it to go a long way in being bullish again. I'm not sure if we would be seeing BTC get to that $40k upwards range again. If that happens, then I would be in for a huge payout.
    Disclaimer: Nothing is guaranteed.
    Now that, that is out of the way, I'd be shocked if we don't hit 100k a coin. We've gotten to 69k already as an all time high. I've been in this crypto space for 7 years. I've seen it go into a bear market twice, 2018 to 2020 and now. It may stay down for another year, but when it comes back it comes back like a mothaph*cka. I am not worried about 40k at all. or even 50k or 60k. I am wondering when (not if) it will go over 100k.

    If you looking at it as a short to medium term investment 0-2 or 3 years, and that's all the time you can afford being in it then yes, you may lose out money, but any 5 year period and in that time it will hit a new high. Cash out then if you need to.

    The interesting thing is no one has a problem holding Apple, Google, Amazon stock for 5 years, but not with Bitcoin and I think I understand why. Those folks see traditional growth stocks as retirement type assets to hold for the long term bag but see bitcoin as a quick money type of investment. Those folks are the ones that may lose out.

    If you are tryna make short term money buy Tesla, Amazon and those things then. Just my humble opinion.