Bitcoin Forum
May 30, 2024, 07:52:34 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 »
1  Economy / Speculation / Re: BTC staying above $67,000, will it reach all time high? on: May 24, 2024, 11:46:52 PM
Previous cycles, the market takes Bitcoin about 9 months or 1 year after its halving to jump to a Euphoria phase.



The problem is that most people don't understand this. Most are experiencing a halving for the first time and they have refused to study and see how bitcoin performed in other halving. The halving was sold to them as a time when the price rises and gets to a new ATH, they were never told how long that might take to happen. Many people believed it would be immediately after the halving. Another thing that fueled this belief was how Bitcoin performed a few weeks before the halving. We saw bitcoin go from around 50k to 70k in days if I'm not mistaken, so they believed the halving would be like that too.

I've always advised people to take a look at bitcoin price history over the years, see how bitcoin reacted to various events and you'll have an idea of how bitcoin price would react now. It may not be spot-on accurate, but like I said, it will give you an idea.

Not sure how people in masses can buy the idea of bullrun immediately after halving without looking at historical data because it's quite evident that usually it takes around a year post halving for bull run and people jumped in assuming bull run will start immediately after halving and getting panicked for minor fluctuations.
Exactly, according to the content of my thoughts, I also really believe that one year after the halving there will be a very short bullrun and make altcoin prices return to a fairly high price increase. We must be able to maximize moments like this to make huge profits. We have to buy coins first when prices are cheap like now. When the price rises in the altcoin season, we can sell and withdraw the profit we have made.
2  Economy / Speculation / Re: Is $84k the Peak for Bitcoin? on: May 24, 2024, 11:44:43 PM
No mate, literally no one could predict the Bitcoin's price and we see all such speculation only when the market is upward and we don't see them often during market dip. Bitcoin may even cross $84k or even $100k or even drop below $60 k once again hence we cannot predict much about Bitcoin unless there is a strong factor threatening it's usage which usually results in temporary dump.
If we are all optimistic here, I guess $84k is lesser than what we expect to see in the market. It could be $100k or above, that’s what we want to witness happening in the market. However, bitcoin price is highly volatile that makes it so unpredictable to anticipate a price. Reality is we can witness higher or lower than $84k, and we have no control of that. But if positive news and updates will consistently hit the market, then it’s highly possible for bitcoin price to achieve $100k at the year end or even higher than that.
Unfortunately, it is not easy to increase the price of Bitcoin to such an expensive price. $100k may require good news that can trigger investors and whales to buy more Bitcoin. The bias is that one year after the halving, the price of altcoins will rise and will most likely have a direct impact on the price of Bitcoin which will increase the price too.
3  Economy / Speculation / Re: Every moments of bitcoin value is appreciable for investors on: May 24, 2024, 11:40:35 PM
While some short term goal investors are feeling disappointed in the Crytop currency market since few days now after the value of bitcoin has depreciated from $72,000 to $67,000 as at today, investors who're on the DCA purchasing method are taking chances of the fallen values to accumulate more to their holdings While there had been investors buying even when the value has surpasses the previous ATH because they believe that it's just a symbol that more values would be added to the market to appreciate their assets.

Who's it that says bitcoin has a specific period of purchasing it bitcoin? You should change that awkward thought and get your coins at when you can for bitcoin would always hold the best for you in the nearest future.
There is no specific period of accumulating Bitcoin one can accumulate Bitcoin anytime as Long as the money is readily available. Bitcoin investment is best sighted and profitable for long term holders, and in order to be able to hodl for long time am emergency fund, reserve and float fund should be set aside Incase an unforeseen circumstances occur it won't affect your hodling because your emergency reserve and float fund has already been made available. One can also accumulate more Bitcoin by making use of the DCA strategy which helps you to accumulate more Bitcoin in different interval either weekly or monthly as the case may be.
That's right, we can collect Bitcoin whenever we have money. We can buy Bitcoin using the strategy you said. Using this strategy is very good because we won't realize that we already have a very large amount of Bitcoin. Of course we buy Bitcoin using money that is not being used so it won't make us feel stressed and make buying Bitcoin a way to save in the future.
4  Economy / Speculation / Re: Bitcoin - Previous vs Current Cycle on: May 24, 2024, 11:38:26 PM
Your Bitcoin price target of $172,000 I find very acceptable to me. Expect it to be between 150-200K$, but why do you think we will not see this number before September-October 2025?

In any case, the issue of time is not a big issue. The important thing is that we are optimistic that we will see the price of Bitcoin 150-200K$. I also have hope that we will reach there in the first half of 2025.

At the moment we are following DCA and waiting for the results.
Maybe we can't see Bitcoin numbers that expensive because the bullish season won't necessarily happen again and could make Bitcoin prices increase to that expensive. Because usually the bullish season will occur when the halving approaches. We have passed the halving period and have to wait the next 4 years for the price of Bitcoin to increase even more.
5  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: May 24, 2024, 11:36:29 PM
I have experienced that situation. There's no problem if your coin pump after sell cause that time you will be still in profit but if it dumper after buy, it makes the situation awkward. And I found that, most of the time the coin get dumped rather than pump. Crypto pump randomly when its time of bull season. Right now Bitcoin is very expensive. But i think there's no problem in buying Bitcoin along with good altcoins if you want. If you dont buy, how could you profit then? And in my opinion, crypto will be more expensive soon cause bull season is yet to start
When we decide to trade, we should be able to use money that really won't be used too much in the near or long term. So we can interpret that the money is free to use for trading. That way, when you are trapped at a high price, it will not make it difficult for you to make a decision to sell or stay put. What is clear is that as long as we buy Bitcoin, we must still believe that the price will soar very high because we know that Bitcoin has a very limited supply while demand is very high, so this is what will make the price of Bitcoin always rise.
6  Economy / Trading Discussion / Re: What is your preferred method of converting bitcoin (or other crypto) to fiat? on: May 24, 2024, 11:29:32 PM
This depends on the policies of your country and depends on the exchange you use. As long as we have a policy that does not make it difficult for the exchange to withdraw money, we can directly use the withdrawal function from the exchange. But if there are policies that make it difficult or direct withdrawals are available then we can use the P2P method.
7  Economy / Trading Discussion / Re: Don't You Think the Power of Flexible Savings Counts? on: May 24, 2024, 11:27:33 PM

While I still use Binance and Okex for different reasons, I still believe that this means of increasing one's holdings can go a long way, because if one saves up $100K he would be getting $2K monthly and that's enough than risking to lose everything to high leverages, how do you see this to count for traders and enthusiasts?

Of course this really counts, somehow that matters in a huge difference for small time investors because having 100k capital investment was too big for an average trader. Only whales can have that huge amount of money, and I think traditional business owners who saves money still in doubt of trusting the security of their asset at crypto exchanges. Looking back at history, crypto market exchanges is likely to collapse once whales pulled out their asset in an unexpected situations. I just won't give details on everything, you just google it if you want.
When we want to buy bitcoin, we don't have to buy it at a price of $100k. We can buy with a minimum amount of $100 but we also have to understand that the profits we get when using very large capital and small capital will be very different. The more capital we use, the higher the profit we can get from the trading we do.
8  Economy / Trading Discussion / Re: Most Traders are Not Profitable on: May 24, 2024, 11:24:37 PM
I think If we want to earn profit in trading then we have to correct our choosing factor also , one of which is the currency you choose.  Sometimes we invest in a currency after seeing it go up quickly, and then soon it starts to lose.  This loss is caused by our wrong choices.  So we should always be careful in our selection and preferably invest in top 20 currencies.  Investing in top 20 currencies reduces risks and keeps your investment safe.  Investing in selected currencies with good research and accurate market information reduces your chances of loss.  Avoid investing in haste without doing your research and market analysis and make top 20 currencies your first priority.  This way you can get better results in trading and avoid losses. And can earn profit.
Exactly because many people are trading without them making any research on the platform and the areas they were not good that were making them to lose. They have to know the areas that they are not doing well in the trading process. And also they should not greedy in their trading because greediness makes many people to lose or not making any profit from their trading. And many traders do not understand chart so when the market is about to decline they would still be trading and immediately everything that they have gotten would just disappeared.

If you want to profit from trading you have to understand the candle sticks and the market chart 📈 📉 so that you will be full aware and understand what is happening in the market. Don't just rush to the market.
That's right, understanding candle sticks and several other components that can provide us with information to determine price movements will help us to determine the right time to buy or sell cryptocurrency. But the main component that we must have is patience and must not be easily influenced by the situation at the exchange. Sometimes when the price rises high many people want to enter and after entering the price falls very deeply. This is why it is important to keep your patience under control so that you are not easily affected by situations like this.
9  Economy / Trading Discussion / Re: Why are people getting scared to Trade on: May 24, 2024, 11:22:16 PM
There are many reasons why we don't see many people afraid of trading in the crypto world, first they have to be prepared with a strong mentality and have to learn many things in trading, not only with capital they can trade. In crypto, the market price is very fluctuating all the time, it is very risky if the fundamentals are still lacking, there could be panic when there is a market correction. Most people are still afraid of the online world because they are still unsure about the future development of cryptocurrency, whether it will continue to shine or will be hampered.
We have to know that the world of cypto investment has two options, spot (long term) or future (short term). If we are not ready and have enough experience with one of the things I mentioned above, such as future trading, it would be better for us to avoid this trading. Futures have much greater risk than spot. Even though experienced people will definitely have that fear, it is a normal thing that happens if someone wants to trade. The reason is that they only speculate on the market, none of the indicators they use are truly correct or perfect in determining the price.
We must be able to choose a good and correct trading method. Spot Trading is the best way for those of us who want to trade calmly without having to be afraid of losing the money we have when we make the wrong decision because we can still hold it until the price rises high. Meanwhile, trading futures is very noisy. When we make the wrong decision, the assets we use for trading futures can be lost instantly.
10  Economy / Trading Discussion / Re: Short Term Trading Altcoins and Meme Coins? on: May 24, 2024, 11:20:08 PM
Memecoin like as Shiba, Doge, and PEPE are altcoins that are very suitable for short-term trading, their very fast price movements provide a lot of profit for us as daily traders. We just need to read the situation and remain confident. Also make sure we don't make decisions too quickly and when we are trapped at high prices, keep saving assets and wait until the price rises again. What is certain is that daily trading will not always make a profit. There are times when we will be trapped at high prices.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin season, will it come next months? on: May 24, 2024, 11:17:10 PM
With the approval of Ethereum ETFs there is a big chance of alt season to start by next month. Already most altcoins are in green today while Bitcoin is in red which is a sign that alt season is coming soon. I am expecting a big bull run this year wherein we will see both Bitcoin and Ethereum creating new ATH before the year end. This will naturally create a rally for altcoins to follow these two dominant force in crypto market.

The approved Ethereum ETF is positive news that will push the price of ETH higher and other altcoins will certainly be affected. I'm quite happy with the good news as I've also started holding some of the top altcoins and indeed waited for AltSeason to actually arrive. But whether AltSeason comes next month or not is still uncertain, because there will be many obstacles that will occur. But the hope is that AltSeason will happen soon, which will provide a lot of profit for diamond hands that hold back the long term.
That's right, the Ethereum ETF provides very good news for altcoin price movements. Soon we will start the movement of the altcoin season which begins with a very high increase in Ethereum prices because they managed to enter the Ethereum ETF. AltSeason is coming soon, maybe in a few days time.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Will It Be Jubilation or Devastation? Ethereum ETF Call Imminent on: May 24, 2024, 11:14:36 PM
What do you think the implications of an approved or rejected Ethereum ETF will be for the crypto market as a whole? Share your thoughts below!
Forget about the rejected ETH eth proposal since they're already judged but moving on to the approved one. It seems that there's a positive implication on the market lately. Did you see how ETH moved? because it seems that it have been stable at all.
Now, the trend will be like this. After BTC and ETH, what's next for these institutions to apply for another crypto etf spot? I have been reading the rumors about solana.
Proposals that are rejected still have a chance to be improved again and when some are approved then this is a good development for Ethereum to immediately continue its journey to start the altcoin season next year.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you still buying altcoins?? on: May 24, 2024, 11:13:00 PM
I must admit that many altcoins would do well this year and its best you don't get stuck holding any if them, I'd advice if you want to hold anything go for bitcoin it's the best and you won't worry about price dump much, altcoins I would have recommended are already up, bnb, eth im not really an altcoin Person but sure keep buying.
As long as this altcoin still has a team that works very well and always develops the projects they have, the altcoin will increase in price because there will definitely be investors to provide support. But when the project being developed is not very popular with many people, it will make the price of this altcoin not has the power to raise prices.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: Any airdrops you are anticipating this year? on: May 24, 2024, 11:09:07 PM
I started recently in this year and  Qualified for $50 to $80 worth token several time in bitget giveaway and bitget exchange airdrop offer. These two exchange are now hot choice for airdrop. Basically new to tweet about them, invite users and need to trade a specific altcoin to qualify and they randomly giveaway limited numbers of user. Sometimes 30k people, something among 100k people randomly. And still there are many opportunities to get unlock
Bitget provides many benefits for those who can make good use of it. Usually this will have the aim of increasing Bitget users. Hopefully the method used by Bitget by providing tokens to its users lasts a very long time so that it will not make its users leave a good platform like this and switch to another platform.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: Have you been profiting from memecoins? on: May 24, 2024, 11:06:53 PM
Quote from: batang_bitcoin
I have missed a lot of them and didn't got lucky with my lottery pick with these meme coins because that coin didn't move at all.
I've profited more with BTC and ETH but I am trying my luck on it but not anymore this time. If I see some movement then I might try to get into an entry but I don't think that's already encouraging me because I've dealt with losses only by investing to the random ones that I've thought my lottery entry for the memes.
To get the luck easily to win from memecoins , it will make you to go through a lot of losing before you will be able to win from memecoins investment, because they are not stable like altcoins that will remain stable for some days or weeks before their price will begin to decrease.

I don't like to invest my money on memecoins again, because I have experienced a lot of losses from them when I newly joined the investment, but since I discovered that altcoins is more reliable than memecoins, I don't take the risk to invest on memecoins.

BTC and ETH are the best coins you can put your money, and you will not be afraid of losing your money in the future because they are among the top 10 altcoins that can make their investors to make double profits from their investment.


Actually I'm not a lover of memecoin and I don't even intend to invest my money in meme, I rather invest my money in those top altcoins like ethereum and bnb instead of meme. Though i read so many threads about how those  earlier investors made a huge profit from meme Investment but that doesn't change anything, I have chosen to avoid anything that requires a high level of risk, though as long as crypto investment is concerned I know there's risk in it, but the risk in meme Investment is high compared to the risk in bitcoin investment, that is why I always avoid investing my money in meme.
Not many people like memecoins, but when market conditions many memecoins increase in price, many traders are forced to buy meme coins to try to make a profit on meme coins. Every coin we buy will indeed provide a risk, but from very high risks we can also make quite large profits. Therefore we must be brave to face risks to gain profits.
16  Economy / Speculation / Re: another ATH , 71k and still climbing. on: May 16, 2024, 04:28:18 PM
Only $70k? Have the massive Bitcoin bulls become so conservative or are pickings just too slim elsewhere? We're not yet climbing to ATH, so a move up now is temporary. Would actually prefer to be testing some lows at this stage, been a while since we've had a proper scare, everything's far too rosy for my liking.

And where on earth did that looming global crisis disappear to? I feel like we're due one, not this piffling coy little play things of inflation reports.
That's right, Happy 2024 still has quite a long time and there is still a chance to print a new ATH. What we need to do is keep saving very large amounts of Bitcoin and make sure we never use it, maybe for the next ten years then huge profits will come your way.
17  Economy / Trading Discussion / Re: Meme coins signals group here on: May 16, 2024, 04:25:48 PM
I've never been involved in a signal group, and the reason is very simple, their trust ratings from experienced traders that I know is very low, even on this thread, I can see a lot of negative remarks on signal groups. I've heard how the inexperienced traders are scammed in these groups, so trading is not something that you totally rely on any group, you have to learn to do it by yourself, so that you can learn from you own mistakes, and in doing so, it's also important to trade with the amount that you can afford to loose, to minimize loses.
And you should never be. Whether there is a trust rating that you set, they are not to be trusted because they're only for the money of their members.
Actually, if someone really is making a lot of money in trading, he won't be too generous enough to share it. I always see the same reasons about them sharing their knowledge to everyone but there's more to it.
Exactly, of course they will keep the secret that they have, who has managed to make a lot of profit from what he learned on the exchange. He has spent a lot of money doing research, so if he is generous enough to share the trading information he will definitely get Fortunately, of course, this is not possible.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: How high will altcoins fly? on: May 16, 2024, 04:20:39 PM

Because the marketcap is lower, that means that if someone buys a lot or sells a lot then the price could change wildly and a lot easier, of course when one person with a lot does this, others follow most of the time, or at least stop loss type of stuff gets activated, these all mean that we could see wild movements very quickly. This is why I believe that we can't really make it work all that easily, we should probably consider getting higher ranked coins so we can do a lot better with volatility.

It is about how bookies or whales manipulate prices to make a profit. Coins with a low marketcap are very easy to manipulate. But not all projects can be manipulated by whales because if there is no liquidity then it will be useless. But volatile markets will still occur and that's how markets work. Altcoins can fly very fast and we cannot predict how high an altcoin will fly. But altcoins are great for short-term projects and most of them are not suitable for long-term projects.
That's right, most whales try to bait users who don't know this by increasing the price. After someone enters at a certain amount, the whales will immediately sell quickly and make the price dump again. We can confirm that the price increase for Altcoins depends on the project they are developing. When this project is useful, the price of this altcoin will be easy to increase in price.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: should i invest in new project? on: May 16, 2024, 04:17:47 PM
hello everyone
i hope you all are doing great I noticed many times the crypto project according to some events always grow like in last few days the project on metaverse is really trending everyone join these projects and everyone makes good profit just because Facebook talks about the metaverse. According to this analysis there is a project named Valentine.finance on BSC and they will be launch on 14th of Feb means on valentine's day and i guess due to project nature there is a chance to earn handsome profit so i a thinking to participate in their presale but i am afraid of losing money.so I need suggestions may be you guys know better than me. i also share whitepaper and website link
Whitepaper: https://valentine.finance/whitepaper.pdf
Website: https://valentine.finance/
I can't advise anyone to invest in new projects. But it is important to remember that never invest hastily, choose coins based on good fundamentals. Apart from that, don't easily believe in the mode of offering big bonuses because many new projects like that are scams, let alone using them.
In fact, every new project that has clear intentions and goals when developing it is a project that provides opportunities and potential for profit. Even though it has risks, we can reduce this by doing research. Unfortunately, I also don't recommend investing in this project because it has quite a lot of drawbacks. However, I would also advise the same, always do your research and make a wise decision before investing in a new coin.
New projects really make us curious, but you still have to choose a good project, make sure you have done more in-depth research starting from the team behind this project to the product they are developing to the circulation of the tokens they have. When we have researched everything, the next step is the decision whether you want to invest or not.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Three gems in my view on: May 15, 2024, 11:59:29 PM
Indeed, currently many altcoins are developing, especially memecoins which are currently being loved by beginners, but I personally have a choice of which coins have high potential in the future, namely TON coin, Binance, and Polygon (matic) .
It is important to remember that the development of meme coins depends on whales trying to move the price of meme coins. We must be aware of the risks that Meme coin has, Meme coin is created without a product that has a selling value so its price movements are purely a game of whales who manipulate the price of altcoins on exchanges.
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!