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The large number of FUDs spread on social media makes investors afraid and choose profit taking so that the price continues to decline, many even say that the price will fall again below $ 20k, as investors who have known bitcoin for at least 3 years, of course we are waiting for the price to fall again because we will buy more.
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Bitcoin power is of course increasingly respected and now more and more countries are making regulations because the number of users continues to grow, moreover the support from many large companies will certainly make bitcoin's role more important and reckoned with in the future.
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Many analysts believe that when the price of $ 30k can be reached it will be easier to reach the next high, of course this is natural because it will make investors more optimistic, but if you look at the price movement which has continued to decline and is now only around $ 27k or down more than 10% in a month then we have to wait patiently.
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I think whether the price this year can touch $ 60k or not depends on the price movement in the next 4 months or until August, the price of $ 60k is happening slowly and it's impossible to jump from $ 30k to $ 60k in a day, if it's August the price can reach at least $ 45k then there is a big chance to reach $ 60k, but if until August the current price movement seems like it will be difficult to reach $ 60k.
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Saving is something that makes our money safer because we don't keep money in a house that is prone to damage or theft, but we should never think that by saving, our money will increase, the money we save in the bank will not increase, so it's time for us switch to different types of investments.
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I think a fixed monthly salary will never make us rich, I have felt a monthly salary for almost 8 years and finally I left and tried businesses such as apartment marketing, house marketing and so on, and when I'm lucky, within a month I can earn the equivalent of 2 years while working in the office.
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I think the current investment is very risky, when the hope that the market will continue to rise turns out to be stuck at the price of $ 30k, even slowly the price is getting away from $ 30k and currently it is only around $ 28k, but if we don't dare to take risks then we will not get profit so that whatever risks occur, we must have the courage to face them.
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In my opinion, investing is like gambling because it can create addiction, someone who has invested in cryptocurrencies and has experienced profits of up to thousands of percent in a short time will of course continue to try new luck, they will continue to watch prices so they can sell or buy at a target price that has been thought of.
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There is no doubt that bitcoin will pump soon, the indications for a pump are very large because the current price is close to $30k, if the price of $30k is passed then it is certain that this year it will be easy to make new ATH again, many even believe this year's ATH will past $100k.
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If we keep thinking the time is right then we will never buy, I think it's better to buy immediately with the money we can consider lost, then hold until the profit target can be achieved, many people always hope to buy cheap, but when the price is cheap comes so they think keep waiting then the price goes up and he regrets it then hopes to buy again when the price is low.
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If the current year the price can touch $ 100k then I'm sure the price of $ 1 million will be easily achieved in another 5 years or before 2029, of course we have to be optimistic that the future of bitcoin will get better because there are more and more new users and companies to countries that store bitcoin .
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The market in 2022 will make it difficult for us to forget, the price dropped by more than 70% and became a bad record that was repeated like the previous year, but now the market has started to stabilize and there is an opportunity to go up so we can forget about 2022 soon.
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A good investment is one that we can fully control, many people save money in banks but when they want to take or transfer they have to wait for a queue and then it requires a very tedious long process, with bitcoin we can send $ 1 trillion or more in a few seconds.
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Bitcoin is indeed a sensitive investment, the market cap is large at the moment and has reached around $540 billion but price fluctuations are still high, and in my opinion the thing that makes bitcoin easily affected is because all investors always monitor daily prices so that when there is any issue they will immediately react.
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I save money only to manage my finances so that I don't carry too much cash, very low bank interest cannot be expected to get profit from saving money in banks, especially now that the government often makes financial policies that are difficult, for example limiting withdrawals of large amounts of money .
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Money will always be hard to come for those who think pessimistically, but for fighters who always make opportunities into opportunities then money will come easily, difficult economic conditions don't make us give up and blame too much, it's better to find solutions or ways out of our problems facing.
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Why not, now more and more of the world's top companies are investing in bitcoin, the support of several exchanges such as crypto.com makes bitcoin more valuable and respected, almost every week I see UFC and crypto.com become official sponsors for almost 3 years.
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The price of bitcoin moves slowly, if there is a fantastic increase like what happened on March 12 and it can go up 20% in a day then it's hard to happen again, usually the price will move slowly and keep going up, I think this year's price depends on the April price, if the April price can pass $ 30k then the opportunity to reach new ATH will easily occur.
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After going through a hard time for almost a year then it's time for us to see bitcoin will rise and recover in April, as the usual trend is the price will go up starting in April, if this week the price can reach $ 30k then there is a chance to reach $ 40k in the month this can happen easily.
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