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Bitcoin to skyrocket in 2024

stinkynuts

Super
Jan 4, 2005
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eh, i think you're better off just buying at the 60-65 range and then wait for the next leg up

tbh buying btc at this point is just a terrible idea ..ROI isn't there unless you plan to leverage but that , too, is a terrible idea

good luck tho
Isn’t 63k still a good time to buy? Btc should go to 100k easy, so return is great
 

JuanGoodman

Goldmember
Jun 29, 2019
3,458
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eh, i think you're better off just buying at the 60-65 range and then wait for the next leg up

tbh buying btc at this point is just a terrible idea ..ROI isn't there unless you plan to leverage but that , too, is a terrible idea

good luck tho
I can't buy Bitcoin because I do not have a proper account

but there are US and Canadian ETF's that can move a lot even if Bitcoin price is moving sideways and if Bitcoin price sky rockets so will they

there are also Bitcoin miners stocks that are very volatile and can be profitably traded

I'm just using Technical analysis of Bitcoin price as an example how to set up a trade
 

JuanGoodman

Goldmember
Jun 29, 2019
3,458
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Isn’t 63k still a good time to buy? Btc should go to 100k easy, so return is great
If you're happy with a 60 percent return

i have a different view..if I'm in crypto, I wanna get high and fly into space...a 60 percent gain is not what I'm looking for
I think if you are hoping for the Bitcoin price to sky rocked you will be in it for a long game

some people claim that they will never sell

I'm not a long time investor

I like to swing trade much shorter time frame

like days and weeks instead of months

also like I said before there are much more volatile stocks that are related to Bitcoin that can be traded

without having crypto exchange account

but if Bitcoin is their underlying "asset" then it's good to know at least if the price of Bitcoin is in an uptrend, downtrend or just moving sideways

right now it's moving sideways until it brakes some key levels first
 
Last edited:

mitchell76

Well-known member
Aug 10, 2010
13,337
4,969
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I'm just learning about bitcoin. Not interested in investing in a bitcoin ETF at the moment, but just interested in learning about it!!

 
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mitchell76

Well-known member
Aug 10, 2010
13,337
4,969
113
I can't buy Bitcoin because I do not have a proper account

but there are US and Canadian ETF's that can move a lot even if Bitcoin price is moving sideways and if Bitcoin price sky rockets so will they

there are also Bitcoin miners stocks that are very volatile and can be profitably traded

I'm just using Technical analysis of Bitcoin price as an example how to set up a trade
Here's a bitcoin ETF from Purpose investments.

 

JuanGoodman

Goldmember
Jun 29, 2019
3,458
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I'm just learning about bitcoin. Not interested in investing in a bitcoin ETF at the moment, but just interested in learning about it!!

if you like to learn about investing or trading not just Bitcoin but anything else from stocks, futures, currencies and commodities

then I would suggest starting with learning about technical analysis of price and volume using charts

there are so many resources to learn available to us with access to the internet that there never was a better time to learn like right now

YouTube and trend are your friends :)


ask if you have any questions
 
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mitchell76

Well-known member
Aug 10, 2010
13,337
4,969
113
if you like to learn about investing or trading not just Bitcoin but anything else from stocks, futures, currencies and commodities

then I would suggest starting with learning about technical analysis of price and volume using charts

there are so many resources to learn available to us with access to the internet that there never was a better time to learn like right now

YouTube and trend are your friends :)


ask if you have any questions
Thank you very much!! I'll post in this thread if I have any questions!! Much appreciated!!
 

sprite09

Well-known member
Aug 10, 2020
1,085
498
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Bitcoin crashing again, looks like nothing is going to happen until interest rates drop
lol crash ??? nothing will happen until something fundamental happens ...eg money flow from the Hong Kong BTC and eth ETFs, a big institutional investor like a sovereign wealth fund buying , gbtc stops selling etc
 
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