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bitcoin almost reached a bearish price peak in the first week of 2022, not that bitcoin will continue to fall below $40k, but where people are starting to restart new investments in 2022. bitcoin crash early first week of this year will be early preparations investors panic buy in the next week,
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I think it's about who has more power over the market and who can control the bitcoin market at the moment. For that I can analyze according to the current market condition if the market can be controlled by the owner of the largest asset holder.
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a clearer assumption is that we are facing a new variant of the pandemic, the restructured economic bridge once again falls into financial and support collapse, most of the direction of support is gradually turning to health and policies to help people experiencing the pandemic. , of course, such disturbances that keep bitcoin on its way back are also affected.
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investors are worried when the bitcoin price goes down but see the price go up again, everyone thinks the market will correct there is always volatility in the crypto market so there is nothing to do but wait patiently. Bitcoin price above 45k looks like it could be above 50k in the near future.
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Your exchanges. The nature of Bitcoin makes exchanges loosely regulated and that there isn't proper regulations in several jurisdictions. There has been cases of exchanges intentionally influencing Bitcoin's price (MtGox), not that there is really any concurrent manipulation but that isn't out of the realm of possibilities.
I don't think the bitcoin market can regulate it, let alone control it. the bitcoin market can only follow the rhythm of online media which is often done by certain people, be it negative or positive media so that the market often changes due to these issues. |
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Of course, it's never too late to invest in any type. now the value of bitcoin is very expensive compared to a few years ago, I'm sure every year it increases so if you have money invest because the price of bitcoin in 2 or 3 years must be very expensive. everyone has their own time.
I think everyone understands that every year bitcoin increases very significantly, but the problem is that they are still afraid to invest in cryptocurrencies assuming that the market is uncontrollable or often bearish. but basically investing in bitcoin is very good and very not slow now to invest. |
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Most important point: it’s important to own your Bitcoins:
The most important topic when trading or storing Bitcoin is to be owner of your so-called private key, (secret key allowing access to your Bitcoin). This is where our first considerations were made.
I don't think the vast majority of Bitcoin holders understand how important this concept is. Any coin to which you do not hold ownership of the private keys are not your coins, it's merely an agreement between you and the true owner of the private key that the coin is yours, subject to change on a whim by the private key's owner. The number of crypto investors that store their crypto on exchanges or 3rd party apps is palpable. Seeing a bank take this approach is refreshing. the bank has realized that the biggest asset in the future is bitcoin. To avoid the occurrence of a bank operational stoppage as a result of the transfer of transactions from fiat money to digital money, of course, the latest innovations from banks are needed, however, they must have a system that can adopt bitcoin through the bank center. I think that's the good thing about German banks, before the government actually enforces digital money as a legal exchange, it must educate its customers first. |
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I still have my doubts with people who claim to be the creators of bitcoin or with satoshi people. I am more arguing that the name Satoshi is not a person but a nickname from an organization that is deliberately created as a specific person's designation. behind the creator bitcoin must have many people but the status is deliberately kept secret, with the aim that they are safe from all sectors of threats and apart from that it is easy for them to control various cryptocurrencies so that they are always centralized.
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Entering the crypto market, we will always be tested for patience and intelligence in transactions. there is nothing boring with bitcoin, the market is in a bearish state and you just have to wait for the bullrun market to come soon. Many investors are waiting for a bear market price increase and they take advantage of a bear market to be able to reinvest as much as they have. so why be bored with a market like this.
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You are not the only one who experienced that happiness OP, personally I'm also thankful that I know bitcoin as helps me a lot in achieving my financial goal. It always starts from small earning but that is something to be grateful for, small income is betting than nothing, right?
Just continue being more active in the community and in the crypto space, I'm sure the time will come that you'll find more opportunities that could potentially give you more income to lift your financial life.
Happy Holidays and wish you more success and to everyone who is starting their journey here.
I would attest to that also. Bitcoin is helping us in securing our financial needs and even help us gain financial freedom in the future. Though bitcoin is very much volatile and has higher risk than other types of investments, but when you start gaining advantage from it, you'll definitely find more good opportunities to gain and earn from it if you always focus on it. Bitcoin may mean useless to some people but for us who know its real potentials, i think bitcoin is even worth working for than to focus on our 8 hour day job. I have made bitcoin as a side job to support my daily finances and made it my asset as a long-term investment to achieve success in the future. bitcoin has many amateurs who have got financial convenience and many have been successful with bitcoin. |
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greetings to all, when I read an online news I was surprised by this news Caucasians rob Italian citizens of money and Bitcoin in Bali with a total value of IDR 5.8 M.
Then, one of the perpetrators took the victim's six cellphones and another cellphone containing the victim's bitcoin account by asking the victim for a password.
"And if they are not notified, then the perpetrator will kill the victim's wife by sticking a knife to the victim's wife's neck. And then the victim will tell the cellphone password," he said.(english translation ) https://www.cnnindonesia.com/nasional/20211228141520-12-739596/bule-rampok-uang-dan-bitcoin-wn-italia-di-bali-senilai-total-rp58-mthe digital era requires us to save our money on smartphones, now more and more people are traveling with cellphones that contain digital money or even the bitcoins they buy. is there a safe way for us to stay safe from robbers when we have bitcoin assets on our smartphone, thank you almost everyone uses a smartphone to transact bitcoin and 90% of users access their assets using a smartphone. So one alternative to keep their assets safe when their smartphone is robbed or robbed by someone, it is necessary to store the spare wallet key address in another place, so that they can re-access and reset quickly to change the address of the existing key. |
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Why can't bitcoin stay between 40K to 60K and slowly moves towards 100,000K taking 6 to 8 months and no bear market. Wouldn't it be good for everyone?
It is because of the volatility. As much as we want bitcoin to stay at that prices because there's security to us that it's better to be on those prices, we just can't let it stay it there because it moves up and down, slowly and sometimes rapidly within a few hours. It's good for everyone that we have the price stable for bitcoin to conclude how much we've got in our portfolio and stays there. But as always, bitcoin has been volatile and whether we want it or not to stay at the high prices, time will come that it will have its correction. actually bull market and bullrun has its own advantages and we really need both. the bitcoin market has a very good balance in my opinion, when the market has hit a strong hit it needs a strong catch to keep the market under control. |
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No one can control the bear market, I think, and as far as I know, the bear market is only influenced by external factors that come from various media, thus triggering a new polemic within the bear market itself. so we must be able to follow such information in order to follow the flow of the bitcoin market.
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Has bitcoin re-reached at previous highs let's wait in 2022. I think the previous record highs weren't too difficult to break when exposed to the price cycles of previous years. without realizing that bitcoin has started to crawl again from the price of $45k to a new price of $51k, this is a sign that it won't be difficult to break a new record next month.
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bitcoin is holding between $50k - $51k and has been spinning at the same rate for the past two days. We can see bitcoin's growth again after falling sharply yesterday and now it looks normal at the initial support price even though it has not been able to penetrate the previous high at least there is a bit of initial resistance in the bitcoin market price.
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As long as we rely on any centralized system, crypto can not be truly decentalized. How do we solve this? What is the next step towards true decentralization? A world-wide cascading network of long range radio devices (HAM, LoRa, etc) that people can assemble and program themselves?
What do you think? Or are the fundamentals I presented above faulty? Please let me know!
If we continue to look at things the way that you are looking at them right now, then we might as well give up on everything. Let’s just not go down that road for now, at least with Bitcoin we have been able to achieve that decentralization to an extent. There are even wallets these days that can send Bitcoin without having to make use of the Internet, the transactions are made offline from one person to another. And even on the blockchain, the transactions you make only shows your address and where the transaction is going to, it doesn’t really show who is behind the transaction, because your identity is not revealed on the platform. So the privacy Has been achieved to an extent. I agree with you, we don't need to focus on whether bitcoin is centralized or decentralized, but just look at bitcoin that has been running for years but is still safe and cannot be hacked by any system. As a player, it is enough to just look at the positive and don't need to be stuck with negative issues that can cause people to be afraid to invest in crypto. |
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Of course it's never too late if you still want to rejoin cryptocurrency. Start your first step with more caution. Don't sell Trezor at the wrong time like you did before. You seem to need good self-management exercises such as emotional processing. Stay calm and don't panic under any circumstances, especially if the market conditions are down and don't recover, you must have a strong mentality. Because this is really important and influential.
For an investor to remain calm, he has to educate himself and learn from mistakes made in the past. I think long term investment would fit for those who do not believe to be profitable in short term trading, by constantly buying bitcoin regardless of the market situation, I guess that strategy is simple but very effective and only requires some discipline to do it well. It's time to change your own destiny by understanding crypto properly and how to run it properly. many investors are too late to understand about crypto properly so it can result in unknowingly losing their assets. but on the other hand, many investors are already successful because they have managed to run crypto professionally and are able to read bitcoin market movements well. |
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Those who could buy it 10 years ago but can't keep it are the same as buying today but if they can hold on to it they will most likely be a millionaire by now. I think only a few people can hold bitcoins for a very long time and it's people who really don't need to spend money.
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I'm still confused when I say bitcoin can replace dollars. from which side it can be said to replace because not all transactions can be applied to be able to transact and waste dollars. Of course, it seems that only certain companies accept bitcoin as a medium of exchange for transactions and not small transactions that can pay with bitcoin.
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In my opinion, the only and primary goal of Bitcoin is to be a means of payment and facilitate people's money transfers in a decentralized system, and we can think that it succeeded. Right now, all it takes is for people to fully understand Bitcoin and the Blockchain system behind it.
Yes. I also believe that the ultimate goal of bitcoin is to become a legal currency and will serve as a payment method in all types of purchase. And with big institutions that are now accepting bitcoin as a means of payment, i think this goal is now starting to be realized. And with massive education hopefully, i know it will be a great help to boost the usage of bitcoin since people are now starting to be aware on bitcoin. I assume the same about the purpose of bitcoin. bitcoin will be a legal medium of exchange between countries without being limited by country system restrictions in transactions. so companies can easily use bitcoin without having to exchange fiat money from one country to another because in this case they use the same coin in transactions. |
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