Life is a gradual process and it has to be balance to an extent in every ramifications we have to consider other aspects such like health, social needs, food, and other materials needed, then after considering some of this basic and put into consideration, then we invest again with wisdom leading. Still look around to see what is important again after some time, then solve it.
It is not advisable to keep saving while in serious health condition or starving, we should also take care of our other need because death may appear anytime and all the investment has never serve at any area. We should try to balance life and apply knowledge and deep thoughts how we suffer our self and our body system entirely.
Many people have the ambition to get big profits in a fast way, unfortunately when they know cryptocurrencies they do everything to invest, they hope to follow the success stories of investors who can profit 100x even 1000x so they sell houses or go into debt to be able to buy crypto so it looks like addiction .
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If we have the ability to pay off all debt then this is a great opportunity to take a loan to invest in bitcoin, a very good profit opportunity especially when the current market conditions are red then it is an ideal opportunity to take a loan to buy, I'm sure this year could increase by at least 200%.
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More and more are optimistic that in 2024 the price can reach $ 100k, of course this is reasonable because the number of bitcoin users continues to increase and the adoption or direct use for transactions is getting bigger, in 2024 there will also be a halving so that many people speculate to buy because after the halving will occur big increase.
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It will be a big thing if the bitcoin price can reach $100k, if the $100k price is reached then the marketcap can reach more than $1.6 billion and makes haters even more afraid of the bitcoin community, of course the $100k price can happen slowly because the current price is around $27k , and I think the $100k price tag is reasonable given that 2024 will be the halving which usually creates a spike in demand before the halving in June 2024.
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Last March when the price could reach $ 30k then I am optimistic that the price will continue to rise and my estimate can reach $ 40k in April or May, unfortunately the price continues to decrease and makes us have to be patient, we will wait if May can return to $ 30k or not, if it's still under $30k then it's going to be hard to see the price rising any time soon.
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40k this year I think is a fair modest estimate of upside vs all the possible negatives and certain volume that is in the way from prior years. 40k is more then double the lows so its very good performance imo and we could be less then that and still positive imo. Nothing is for certain though so I dont know about 100k or even beating the prior ATH, it doesnt have to happen just because of expectations. It still appears a very large figure to me personally and I was already impressed enough with the ability to move through 20k and every set of 10k higher gains from there just a repeat is enough for positive action imo I dont presume new highs.
I think so, even though the last 2 months the price has seen a decline but I'm still optimistic that this year it can reach at least $40k, especially if this week it can reach $30k again then I'm optimistic that by the end of the year it can reach $50k because in 2024 there will be a halving and usually there will be there is a surge in demand that makes prices skyrocket in 2024.
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Even though the current price looks difficult to increase but I'm optimistic that in 2023 the price can reach at least $ 40k, we'll see if this week it can reach another $ 30k then it's likely that $ 40k will occur in June, then decrease again, and this is a great motivation good for us to keep buying.
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I think the increase that has occurred since January when the price was still around $ 17k until the current price is around $ 27k is a big increase, even in March the price once reached $ 30k, of course this is a good indication that this year the market will rise, don't take it too fast decided to sell because I believe this year the price could reach at least $40k.
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Of course this depends on the amount we receive, if I get a large amount from work commissions, of course I like it more than a salary base job, but as a professional, of course, a salary base job is my dream because I can choose the work I like, and of course it requires expertise. specifically to be able to achieve the target salary base job.
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Taking a loan, especially in an unstable area, is not worth it. It is better to distribute the available funds correctly between different coins. Credit is an extreme measure, or if you are confident in your capabilities, and you have an airbag.
True, borrowing money then we use it for high risk investments is a dangerous thing, we will feel very depressed and depressed when we see the price or market continues to decline, the best thing when we invest in cryptocurrencies is to use the amount of money that we can think of as lost, many stories successful investors who are patient waiting for profits because they use money that is considered lost, while in debt will panic when they see a downward trend.
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At this time we have many options for developing money, with capital or a lot of money it is easier for us to get profits or develop money without working, this is what experts call a smart way, namely to make money work for us and we have free time to enjoy life and money.
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Predictions are of course a difficult thing, as investors we must have a profit target, if we invest in bitcoin then hold for at least a year then the opportunity for 100% profit can occur, don't panic easily because our predictions are wrong, as long as we can be patient then we can be successful and profitable in cryptocurrencies.
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In the future, it is better to combine gold deposits. But it is better to invest in bitcoin or alcoin, study this topic, it now brings passive income to many, yes there are the same risks, but they are much less. A couple of hours a day and you can grow into a good profit.
If we have a lot of money of course we have to divide it into many places, don't just rely on one place to save because if there is a problem then we will lose it all, saving money in gold is a good thing because the value of gold always increases and gold is always the standard in determines whether the price will increase or not.
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In my opinion, current investment is very risky, cryptocurrencies that are increasingly popular make users speculate a lot so prices fluctuate a lot, but if we don't dare to take risks then we won't get any profit, and of course lose money because inflation that occurs every year will continue to increase.
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