Will bitcoin touch $25000 before this year end ?

Why does this always happen in December?

If memory serves me right they now dump it in January?
 
I'm pretty sure it will, 22,688.20 atm. Was 20k at the start of this thread
 
As a Palmist ( :p:p) I would say it will move between $25k-20k not more till Jan 2021 - you can agree/disagree with me :):)
"NOT a financial Advice"
 
Hi Krishna

I'm from Andhra Pradesh India. Can I invest 50k INR in bitcoin? Is it good idea?

If Yes which platform is best suitable in India?

Please suggest.
You can use Zebpay. I will suggest to wait for correction here. Note that bitcoin is not a very safe like bank deposits and more chances of good profit if you can hold for long time only.
 
Do you think the price was pushed by those who bought the bitcoins with their own money or those who converts their coins?
 
I think the 2017 comparisons are a bit lazy. Of course it's easy to compare December with December but that bull run was so different.

I remember so many mainstream articles "Here's how you can buy Bitcoin" and everyone and their Aunt getting caught in the hype back in 2017. In this one, people outside of the space are only barely seeing it. It's being institutionally driven and there are factors at play which lead me to believe that we can remain fairly bullish into the new year.
 
There is no worse feeling than having tons of paper profit and never pulling the plug.
I would rather exit in uptrend and while it's still emotionally easy to do it, than in downtrend when mind starts playing tricks on you to avoid decision making.
That being said I'm out, and sure all green i'm missing out from this moment forward makes me feel bad, but one has to decide if he is into making money business or feel good business.
They are often mutually exclusive.
 
You can use Zebpay. I will suggest to wait for correction here. Note that bitcoin is not a very safe like bank deposits and more chances of good profit if you can hold for long time only.
Thanks for the reply.

So if I deposit 50k INR in zebpay, will they charge anything for deposit or withdrawal.

Do you know about Giottus? If Yes which one good Giottus or zebpay?
 
$23000 crossed now.
There is nothing scarier than vertical price movement. In late 2017 we had +30% day. Everybody was having huge predictions, 100k+ , druglike euphoria, talks of revolution, world order change, lambos. Nothing has changed, people have same greediness in them. But today it's even worse, people need money badly due to covid, and they are ready for extreme risk. I love crypto, but this is worse than March crash in terms of sentiment extremes. I hope you guys make some fat $$$, just be careful please.
 
There is nothing scarier than vertical price movement. In late 2017 we had +30% day. Everybody was having huge predictions, 100k+ , druglike euphoria, talks of revolution, world order change, lambos. Nothing has changed, people have same greediness in them. But today it's even worse, people need money badly due to covid, and they are ready for extreme risk. I love crypto, but this is worse than March crash in terms of sentiment extremes. I hope you guys make some fat $$$, just be careful please.

It is different this time. Bitcoin has big support now than in 2017. Any dump can easily be eaten by the buyers and big corporations hoarding bitcoins.
 
It is different this time. Bitcoin has big support now than in 2017. Any dump can easily be eaten by the buyers and big corporations hoarding bitcoins.
It is different indeed. People have huge voids in their pockets, and need more profit. We are in a game of musical chairs today. Corporations participate, but they usually have quarterly profit goals, not hodl mentality. They will buy maybe, however this is double edged sword, they will sell much faster than a retailer if/when things reverse.
 
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