The rise and fall of market prices is a very common thing that happens in the crypto world, but in my opinion this is the best opportunity to start buying altcoins to invest, but for those of you who already own and hold altcoins are starting to rise you can get ready to sell coins.
Do not forget to buy Bitcoin when you see that the market price is going down. It should be the priority of many that invests on cryptocurrencies because you're not going to see the altcoins go up if it's not for Bitcoin. I personally am very enthusiastic about the current market recovery, I hope the crypto market continues to improve.
It's already on the process of recovery because we've just came from a bear market and next year or within a few months from now, we're going to have the halving which is a factor to start the bull run. |
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IMO, there's not that much difference about everyone's success being on this sector. We're all having some good experience of how this economy is moving on, the economy particular to Bitcoin and the whole crypto market.
But with those good experiences and success, I wonder how many from this majority have managed to lose a lot first from different obstacles. Like losing entirely because of not yet familiar in holding and trading and also from being a victim of common scams as a newbie.
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I think it was most likely in the 150-200$ range when i first started trading.
Mine was I think below $200 by that time. I'm not so sure and exact with the price but that's how it was I guess. Before that i was just messing around and getting familiar with the scene. Now that i think about that, thats nearly x200
I understand and feel you because that was also me. I don't even know why there were different prices and I don't understand what's selling and buying price. I trade as if I'm an idiot and what happened during that time, I unknowingly that I am losing my trades by trying to convert and selling at market price. |
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If you want want to keep that 1btc, without convert then that's also okey cause btc is the most secure investment with sure profit. Then you can keep half btc and rest of half can be use for top altcoins like eth bnb sol matic dot etc. If you want more profit then sui arb op could be good altcoins for hold , suppose to be bright future as they have additional new technology. Memecoins are bad but you may investment a little amount for doge coin which is now top altcoin
I'd keep that 1 BTC. It's hard to acquire and accumulate that whenever you're going to start going to zero and you want to invest that in different coins. Some may be good and profitable through altcoins but you'll never know if it's going to be successful as what you're thinking. I will keep that one whole BTC and then will use my other source for buying other altcoins if I insist of buying and that's the tip that I'm giving to OP and for everyone who has successfully achieved to own 1 BTC and then want to scatter it through altcoins. |
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Why not it could even outpass Doge with time. Tron has been one of the best projects in the crypto-market for long now Personally like using it cause of the low transaction fees it has compared to most network.
I also use Tron because of USDT but if it's not for Tether then I don't have anything to do with Tron honestly. It's one of the hated projects when Justin Sun was too active with the partnerships that it has got. Tron has many potentials to be explored in the crypto-market only time will tell.
It's because just like Eth, BNB and other projects that has smart contracts then that makes it special or let's say that it can be explored through that feature. |
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I really agree that today, November 24 2023, ETH is still very worth buying because ETH is still said to be very cheap at half the price of its ATH and I speculate that ETH will break its ATH in the next bullrun.
ETH @ $2k can still be worth buying if you know that this is going to be a long market for you. The ATH of it is still high than the current price of it. But to say that this is still cheap, it's the same as those people saying that Bitcoin is still cheap when you are holding it for long and that includes me. Moreover, I am sure that ETH is the king of the top 2 altcoins coin in coinmarketcap and I have some ETH in my portfolio hopefully ETH brings me profits in the upcoming bullrun  So far, it's staying for long being the top 2 in the market and unlikely to get replaced by another altcoin. If it's going to be replaced, I think the best option is going to be Tether. |
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it is just like you want to learn to keep learning in trading and when you get to that professional level then it will be time for you to start making money,
Me, I don't need to go to that point of becoming professional. I'm good to trade just as the others normally and as long as I get some profit, that's what matters to me. the best thing is not to give up we should keep trying our best and we going to make our profit.
If you can't see a point why you need to continue. It's also okay to stop and make yourself a holder instead. We've got a lot of choices to make and whatever works for us the best, you should maintain on that position and keep doing it. |
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It is a gamble when you trade and you have no idea of what you are doing. That's what people are doing when they hear successful people and their source is exposed as trading. Those listeners think that if these people were able to do it, they can also do it as it looks easy to trade.
The logic is very simple and that is to sell high and buy low, it seems easy right? But that thinking is just going to put them down because in no way that trading is easy. It sounds simple but complicated.
Indeed, trading seems easy, but after we enter it and do it, we find out that trading is difficult and needs to be learned through a process. Therefore, don't think that trading is a quick and easy way to make money, because most people run it like gambling. Only a few traders can survive, because they also go through difficult phases, and of course most have experienced losses and difficulties in trading Someone who has the impression of it being easy will find himself look at that side that it's really not. When you have the experience of trading, you'd definitely say that it's not easy as what people think. For the inexperienced people that are too optimistic with trading, I'm not discouraging you. But don't listen to the fairy tale stories that you've been reading on the internet because not all of them are good as what you think. Most of them also gone through a difficult process before even winning a single trade. |
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I think you're talking about Lightning Network of BTC. It's actually a good alternative for small transfers and known for cheaper and faster transaction than the typical Bitcoin transactions that you do. If you know what wallets it's being supported.
Try to make some experiments and send a couple of bucks and see how fast it is. I've done a few of it in the past and it's great for small transactions.
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Sui and ARB are good altcoins IMO, they're both launched this year and they've been down from their launching price. That's why it's possible we may see them reach all time highs.
Not a financial advise but if I have that $600 and I'm done with BTC, ETH and BNB. Then, these two will be added to my list but as of now, I've got not spare to spend into coins like this.
So, for fortunate folks that can buy and invest these coins. You can have it and take all the risk that's associated by buying them.
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And those that who don't know how to evaluate the market looks smarter than those that are experimental with trading and didn't find any success on it.
There are times that the lesser efforts that we do is actually productive than of those that have been trying hard but they don't know what they're up to in reality.
That's why if those holders just hold because somebody said so and they have obeyed, I guess they're smarter than of those that keeps on trading without knowing how to execute it properly.
It is kind of ironic that traders supposedly try this activity as it is a way to obtain more profits than just holding your coins, but in the end the majority of those traders end up losing money or making way less money than what long term holders make, so long term holding is not only a great strategy to make money, Yes, most of the traders are losing their money and that's why it's hard to just trade and keep going on with it. You'll get tired eventually with that strategy and what you'll want to do is to make more by just holding. You don't need to do that much but as long as you have money to invest, you'll be fine in accumulation. it is also a very effective one as once you have selected the assets you want to buy, there is not really much for you to do anymore.
Definitely. And that's what we're doing by just holding Bitcoin. People still don't see why many of us are crazy in doing that and even advocating and telling them to just buy and hold it. |
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Don't watch on live television but watch on replays that they have mostly on their websites or YouTube channels. Skip the ugly news about economies or even the crime news.
Then, when you're able to skip them just listen to the good news that shares good vibes as well. Protect your peace and mental health by listening to the positive news.
I know it is important to listen to the bad news as well but, give yourself a rest too by not listening to them and simply skipping on those.
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Based on the time that this thread has been posted and from the present time, it seems that it's not a trap for Ethereum. It's currently stable to $2k and that doesn't move a lot from $1,900 if ever some short correction happens. If you are so sure that the potential increase in the price of ETH will reach a new ATH later, then it is time for you to buy at the current price and then hold it until the ATH arrives in time. Opportunities will not be repeated twice, therefore, use the opportunity you have to invest so that you don't miss the opportunity to reap maximum profits later.
Right, there will be no better opportunities if being done right now. But this is also going to depend on your current situation if you're able to. Aside from seeing the potential of Ethereum right now and moving to a higher price soon during the bull run, think of yourself if you can afford to buy now. |
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I believe hodling can be split into two categories: those who know how to evaluate and know the market, and those who do not. Many crypto investors rush in and invest without adequate understanding because someone told them to invest in crypto to make a lot of money. As a result, what Op stated is likely true for investors that lack expertise. Those that have wisdom, on the other hand, know when to sell and when to buy again.
And those that who don't know how to evaluate the market looks smarter than those that are experimental with trading and didn't find any success on it. There are times that the lesser efforts that we do is actually productive than of those that have been trying hard but they don't know what they're up to in reality. That's why if those holders just hold because somebody said so and they have obeyed, I guess they're smarter than of those that keeps on trading without knowing how to execute it properly. |
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I didn't also thought that BNB would be great as what it is now. But with the sudden changes of CZ stepping down and being replaced by a new CEO. We don't know what's going to be on it for the next 5 years.
However, I'm still thinking of being positive with it and I think that there's still more for BNB to grow and its mother exchange and business of course.
But with decisions that can come from its new CEO can wholly change its course so it depends. Regardless of that, I'll still hold for some of my BNBs and will wait for the bull run and might sell it at a perfect price.
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I can say that in every bitcoin halving that happens, bitcoin hodlers have also learned their lesson and would want better experiences with the next bitcoin halvings.
That's true, everyone has learned what comes next every halving. And this is not a secret anymore that we're going to get through the halving within 5 months from now. It is the reason why we're all holding because what we've seen in the past is what we're applying and not doing any stupid decisions from now on. Now, that the next bitcoin halving is set to happen by next year, then as much as possible they really want to maximize their preparation and hold their bitcoins as long as they want if its the only way they will gain life changing profits.
Yeah and even not maximum that we can get from it. As long as we get a decent profit from it is more than good from the past years that has passed. |
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Without a doubt, it can ruin a person, especially if the person is very gambling and has at least once felt the taste of x10 or x100, the main thing is to keep yourself in control and not trade on emotions, this does not lead to anything good and you are right in saying it, it can lead to the consequences of ruin and It may already be too late.
It is a gamble when you trade and you have no idea of what you are doing. That's what people are doing when they hear successful people and their source is exposed as trading. Those listeners think that if these people were able to do it, they can also do it as it looks easy to trade. The logic is very simple and that is to sell high and buy low, it seems easy right? But that thinking is just going to put them down because in no way that trading is easy. It sounds simple but complicated. |
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I think it's fine to start with academic when you're a freshy. That's normal for most companies as they don't have a background of how to work and what fields they have been in before. The academic achievements that they have is like the basis on how hard working they are as the school works are also tough to have with and having that principle of being responsible. But that doesn't really define someone's success and as we grow older, we're seeing the other side of success that most people don't see when they're younger. What we can do is to tell the younger ones that just do good in what they do and that will define themselves when they grow older whether it's from academe or financial success.
As you grow older and you do seem that you are doing something which it isnt really that making you progressive or something that could really have that life with having a good financial status then this is where you would really be starting to think that you should really step up your game. Its true that when we are still young then we wont really be that minding much about those future things and it turns out that when time passes by then this is the moment that you would really be making out some realizations that you should have done something when you are still young. There's no way that we could be able to turn back the time and its really just that normal that we should really be that attentive on whatever changes that we do really need to come up with. Academic success doesnt automatically means that you would really be successful in life. Yes, its not everything but it is really that something more better compared into those people who arent. You would really be having the advantage among others, further success will really be mattering on how you would work hard for it or on able to achieve it, you wont progress if you wont really be making risks or trying to move or risks out something. That's proven that academic success won't be enough to prove that you can be successful in life. But it's a good start and already an advantage from the rest. What you must do is to keep doing good from every aspect of what you do bringing those lessons you've learned in the academe. And there are better people that we're going to meet and they did even slack during their school days and that's one big slap on the face of those successful in the academe. Well, reality sucks but that's how it goes. |
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I agree, I've got high school classmates that were geniuses and then I don't know what they're doing right now. But I have seen some of them that didn't do good during college because they don't have money and they failed to avail scholarships. From that point, those failed classmates of mine have managed to come back because of that experience. While those geniuses that have afford to graduate and managed to be successful academically were top runners and achievers and got their employment. And those that didn't reached to college due to their unfortunate situation managed to learn the real world and life and helped them to achieved financial success through their hustles.
Well, people still believe that Academic success is a necessity if you want to get a job as a career as no company will hire you if you do not have a good academic record. This is just one side of the picture, where academic success is absolutely necessary. On the other hand, if you need to have financial freedom, then you should start your own business, and be your own boss, and in this case, even a moderate academic success can be fair enough. Though knowledge (academic) is always good, you do not need to pressure yourself that if you fail in your academic career, you will fail in your financial life. If you are a businessman, you will know that success in business does not need success in the academic stage of your life. I think it's fine to start with academic when you're a freshy. That's normal for most companies as they don't have a background of how to work and what fields they have been in before. The academic achievements that they have is like the basis on how hard working they are as the school works are also tough to have with and having that principle of being responsible. But that doesn't really define someone's success and as we grow older, we're seeing the other side of success that most people don't see when they're younger. What we can do is to tell the younger ones that just do good in what they do and that will define themselves when they grow older whether it's from academe or financial success. |
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I agree, I've got high school classmates that were geniuses and then I don't know what they're doing right now. But I have seen some of them that didn't do good during college because they don't have money and they failed to avail scholarships. From that point, those failed classmates of mine have managed to come back because of that experience. While those geniuses that have afford to graduate and managed to be successful academically were top runners and achievers and got their employment. And those that didn't reached to college due to their unfortunate situation managed to learn the real world and life and helped them to achieved financial success through their hustles.
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