Perfect idea. He’s been doing that since January 2015. In that year it recorded the price of bitcoin at $200 and at the end of 2015 we recorded it at US$ 420. That person’s profit in a year has reached $220 multiplied by $365, of course this is a tremendous result. If you multiply it by the year 2021 today, that would have made him a billionaire. But at that time bitcoin was not as popular as it is today. There were still many people who were not interested in investing back then.
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It turns out that by the end of December bitcoin could pass more than $25K. This is beyond your expectations and all of us, of course. Bitcoin reached its highest peak at $34K. This will really give you the chance that bitcoin will fly again to a higher price. It could reach $50K by the end of this month. Even if it is, corrections will follow. And this was yesterday a correction to the $28 price, when bitcoin was at a high of $34K. But we can see that bitcoin could quickly raise its price again.
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Many do not know the existence of this forum, although this forum is very popular, especially when in 2017-2018, many successful ICO projects and many investors are profiting from investing in crypto, thus leading to opportunities for those who want to make fraud in crypto. And this is the beginning of the destruction of the ICO project caused by irresponsible people and wanting to earn money easily.
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If you've taken a lot of profit by selling it, that's good and not a problem, you just have to wait for bitcoin for a deeper correction, but I'm not sure if bitcoin will come back as low as $6K. Yesterday even bitcoin experienced a correction to $28K, not deeper. But I can't be sure if there will be another correction until it reaches $20K, maybe it's low enough if the correction doesn't reach $6K. You could consider it. But I don't want to advise you. That's up to you.
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This is why I am lazy to use ethereum for transactions, for some reason they don't solve this problem, even though the price of Ethereum goes up to $ 1000 and if Gwei is expensive then everyone will also avoid using ethereum
Yeah, this is a long-time problem, for that people often complain about this. But ethereum is still the dream for new projects to use smart ethereum contracts. So by being forced when we are going to send tokens to the exchange, we still have to give up this expensive ethereum gas fee. In this case, TRON is very cheap for shipping transaction costs.
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The rising price of bitcoin gained traction, and briefly hit a new high of $34,799 on Sunday, after soaring over 300% in 2020. But indeed the Seller after that lowered the price of bitcoin to $28K which pushed the trend down, but when they re-entered, bitcoin was back under control to $31K. But we don’t know if there will be a further push to lower levels and further down, this will indeed challenge the commitment for those predicting a sustained upward trend.
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Indeed bitcoin is not the only one reaping profits for investors and traders, the digital currency Ethereum also turned out to be soaring and the price reached $ 1000. Ethereum, is the second largest crypto after bitcoin whose rise has always followed the price of bitcoin. Maybe that’s what altcoin kings like ethereum should do. It makes perfect sense for investors to have a portfolio of ethereum for the long term, even for short-term trading.
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Btc price increase indeed occurred in the stock's midst market crash due to the Covid-19 pandemic. For information throughout 2020, the price of bitcoin has indeed increased very high. So for those who have invested in bitcoin until this moment has been very profitable, because this cryptocurrency became the instrument that scored the highest profit throughout last year. Bitcoin’s price increase has not stopped despite entering the new year reaching $33.000 , although today it costs $31.414 but is likely to rise again.
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If investors want to take profit at the moment, maybe many of them sell it and take those profits, so that bitcoin can go down. This is an opportunity for someone who wants to buy back bitcoin, even for those who do not buy at a cheap price. But indeed, because there is currently a lot of influential intuition behind bitcoin, bitcoin will quickly recover because once they sell it, they will buy back after taking the profit.
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There is no real initiative from anyone to fight fraud, only we can prevent it from happening. The only way to avoid fraud in the crypto industry today is to not engage in the crypto industry itself. But that fraud will always happen and exist in any field and industry. Because scammers will always look for opportunities in any case.
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Every 4 years bitcoin demands price growth, due to reduced supply. So it’s actually not bad for those who buy bitcoin at $27K, and even now bitcoin is already $32,597, so if you can’t wait to sell at the current price it’s already making a profit. Especially if you hold it for a long period, then it will give you always good value. It’s just that you have to refrain if you get a correction in bitcoin.
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I don’t think it’s necessary to follow a pump-dump group and spend money on the owner. It would be better if the money you used to pay for the group, you use it for your trades and for investing in bitcoin. Or you can choose a potential altcoin in 2021. Now that the crypto market is doing well, this is an opportunity for all traders and investors to make a profit. Do not become dependent on the pump-dump group. In the end, it’s not good for your money.
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Many came into crypto space to earn money but some are too deep into making it big with crypto investment so they always feel like not getting enough when the coin they invested money in pumps high, they want to earn millions from a single project, I've seen few people ending up with nothing going down this part
Some people, perhaps beginners always assume that investing in crypto is the path to rich. And this assumption is common if crypto is bullrun like what happens to bitcoin behavior today. I’m sure a lot of beginners go into the crypto market when bitcoin is at the pump as it is now. And they’re hoping to double their money. Even not only beginners who are always greedy, but we will also be made greedy if bitcoin continues to rise like this. We can’t know for sure when bitcoin will go down. So many still hold bitcoin and benefit a lot if until now we still hold it
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When you created this thread a few days ago, the price of bitcoin was still at $22xxx and increased to $23000 to date already $32K. If you still hold it, you get a lot of profit. So no one can know for sure if bitcoin is going to go up this fast. We can’t even guess if bitcoin could have dropped again to $22k. But if that happens, just be prepared to buyback. If you look at the current price, I’m sure bitcoin will be a better value. But of course there will be corrections.
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Most of the new cryptocurrency projects are they are not serious in their projects. Sometimes many of them just want to take advantage at the beginning of the project and leave it in the middle of the road. Of course, this is not under their road map as they promised when doing promotions. Once they get enough profit they go and make a similar project.
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Happy new year everyone ! Although in 2020 we have a covid pandemic, which leaves tears and sadness, but in the new year 2021, we have the hope and desire to get out of the current problems. We hope that the economy can quickly recover along with the finding of anti-virus as a solution to the pandemic. But 2020 is also an excellent year for bitcoin, and we hope that 2021 the crypto market can still give a positive signal for all of us.
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