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Can Bitcoin Still Make 100k by December?  When Bitcoin (BTC) reached its all-time high of $65,000 in April, it felt like the $100,000 mark was the next stop for the cryptocurrency. However, the following months brought along a change in market trend and the entire cryptocurrency market took a steep dive. I read an article on Blockster with different opinions on the topic. Let's discuss, what do you think? https://blockster.com/blockdesk/1411_can-bitcoin-still-make-100k-by-december-many-think-it-canI think BTC has every chance of hitting $ 100,000 by December 2021. This is primarily due to the fact that 2021 is the last year of the next cycle of development of the crypto market, and as the practice of previous cycles has already shown, it is in the last year of the cycle and at the end of the year that the final increase in prices for cryptocurrencies occurs and their prices reach a new one. peak. Based on this, I think that BTC has every chance to show a new peak in its price and it may well be equal to $ 100,000 for 1BTC. |
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Trading and investment is a game of numbers and moreso how to use the numbers judiciously while properly applying the knowledge. Some people say small capital is the best to start trading with while others say small capital will leave you with limited choices that the best is to trade with big funds. Starting with big fund will always be the best provided the user is able to manage it. So many things are connected but I conclude that big capital is good but a good trader can work with small and big funds and make profits with it. Let me hear your opinion on this!
I believe that there is not much difference with how much money to start trading cryptocurrencies. If you know how to trade and make money on trading, then you can earn both with little money and with big money, the difference will be only in the amount of profit received. But if you are not a pro in trading, then it is probably best to start with just a small amount of money, since while you gain experience, you have the opportunity to lose part of your funds. |
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Bitcoin is now the biggest opportunity in society. Bitcoin has existed for more than ten years, and it has driven the development of blockchain digital currency. Due to the high price volatility and other characteristics of cryptocurrency, there is a lot of room for speculation. Now more people are researching and investing in cryptocurrency, and the accepted scope of cryptocurrency is also expanding, and it can be traded and circulated all over the world.
Cryptocurrency is the development trend of today and in the future, and the biggest investment opportunity will be cryptocurrency in the future.
You are right, Bitcoin and cryptocurrencies have shown to many that they can bring great profits, which means that investing in them is the best solution at the moment. Of course, there are moments when the price of the same BTC went down, but in general, since the appearance of BTC and until now, the price of BTC has only increased a large number of times, which certainly has become the best investment in all the years. This is what makes many people right now start exploring the possibilities of cryptocurrencies and use them in order to also get the opportunity to make excellent profits. |
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Was having a discussion with someone getting who is getting into BTC the other day about the 'living on crypto' movement.
Mostly about the people who want to get paid in BTC / crypto and only spend BTC / crypto staying away from banks.
We went around and around for a while as to where his line was vs. mine. And it does bring up some interesting points. If you are getting paid in BTC and send it to BitPay / Conbase and convert it to their debit card and spend from there are you 'living on crypto'? How about Bitrefill and other places you can get gift cards from BTC / crypto?
Was an interesting discussion as to where we stood. And was just wondering how everyone else thinks.
Gift cards? Debit cards? Get paid in BTC and convert to USD (or whatever) and put into your bank?
-Dave
As for me, it is better where there is a convenient and affordable use of funds. But here you need to correctly understand that if you are talking about using Bitcoin and cryptocurrencies in general as money, then very little has been done for this. For example, if there are points where you can buy goods for BTC and other cryptocurrency, then there are very few such places. In this case, banks win, since with the help of their services you can pay for any product in any store. As for making a profit, this is where there is a fork, where some want to invest in BTC and other cryptocurrencies, since they bring more profit than assets in the bank, and you also own your own funds, and in the bank your funds are protected bank, which at a not very good moment can become a problem to receive them. It is also worth considering the inflation of money, which is gaining momentum right now. |
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Are you optimistic about the development of NFT？Have you ever invested in NFT?How much profit did you get?
Yes, I invest and participate in several projects using NFT. But as for the profit, at the moment I was able to get it in the Citizen Finance and DeHero project. Other projects such as Social NFT and Xircus are currently awaiting the launch of their NFT platform. These projects have a great perspective in development and great potential, which means that after launch, they will also be able to bring me excellent profits. |
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Bitcoin is touted as a new miracle in this century, it has become an alternative to complement the needs of financial transactions at the global level now, Bitcoin can then be said to have succeeded in establishing itself as a universal currency, because we can say that Bitcoin is very qualified as a money because it is durable, rare, shareable, and recognizable, Bitcoin became the currency of the virtual world on its way Bitcoin (BTC) transactions exploded and shocked. The product is selling well and becoming a prestige of individual wealth in the international world, however, many are pessimistic that Bitcoin will be able to shift conventional currencies both at the local and global level, will there be a miracle of bitcoin to shift conventional currencies
To some extent, the emergence of Bitcoin can really be called a miracle, but it would be a great miracle if ordinary people could earn more money on it right now, and not everyone is lucky. But no matter how it was, the appearance of BTC showed that the development of a new financial system begins and BTC plays a far from last role in this. We will see how seriously BTC will affect the future financial system in the future, but now we can say that BTC has become a really attractive and affordable asset for the rich. Whether it is good or bad, everyone will decide for himself, but as long as there is an opportunity to benefit from BTC, then you need to do it. |
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alot of people really want to hold but the daily needs of life make them sell off at little profit and solve their needs which is really good. but later they notice the coin they sold cheap is worth enough to liberate them. this kind of occurences are painful but its really not his fault. this brings me to the question of maybe holding is for the rich who can afford to buy and forget. ? lets discuss this, thank you.
I find myself in a similar situation where I have to sell my cryptocurrency before it reaches a higher price. This is undoubtedly due to the fact that at the moment this is my main source of income and I constantly need money to live. But I don’t want to say that this is bad, on the contrary, earlier, before the advent of cryptocurrencies, I worked in different jobs, but I couldn’t even dream of the kind of earnings that cryptocurrencies bring. Of course, it is not always possible to make good money on cryptocurrency, since there are various bad moments, but this is definitely better than I had before. So I'm happy with what I have at the moment, but in order to earn more, you just need to work more and store part of the funds in crypto. |
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