I think the price of Bitcoin can be influenced by various factors, including changes in global economic conditions, regulatory changes, shifts in market sentiment, and others. It is possible that these factors could contribute to a rise in the price of Bitcoin, potentially leading to a price of $80,000 or higher this year. Therefore, let's take a look at how the bitcoin price has moved over the course of the year. Not this year, but next year or after is a possibility. It's only realistic enough to see bitcoin price trading around $20K to $30K so far this year, but if we see price above that sure that's bonus. $80K is too high for me this year, even I don't know what will make the price jump so much before the next halving. We could hit $80K, but don't expect it to happen this year as that is an expectation that is likely to be difficult to achieve. Nothing is impossible in the crypto world. Even though since the beginning of 2023 until now the price of bitcoin has been in the area above $ 20k, it is possible that by the end of this year it is very likely that the price of bitcoin can reach $ 80k. therefore it is better for us to see how far the price movement of bitcoin in the future can at least be predicted in the middle of this year. will bitcoin price reach at $80k or just above $30k. |
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The beginning of the year showed that the price of Bitcoin did not grow as much as we expected in 2022. At the start of 2023, we thought the price of Bitcoin would exceed $35k, but it hasn't happened yet. Bitcoin's trajectory over the past few days suggests that the market is likely to rally towards the end of the year. If you invest and hold in this bear market market, you can certainly earn good profits in 2024. We think the market is more likely to turn Bull market again in 2024.
It is difficult to predict what will happen throughout 2023 regarding the bitcoin price. However, it would be better if we could take advantage of the current downward price momentum to buy and then hold in the long term to sell without having to always look at market conditions. |
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I think the price of Bitcoin can be influenced by various factors, including changes in global economic conditions, regulatory changes, shifts in market sentiment, and others. It is possible that these factors could contribute to a rise in the price of Bitcoin, potentially leading to a price of $80,000 or higher this year. Therefore, let's take a look at how the bitcoin price has moved over the course of the year.
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It's important to note that predicting the future price movements of BTC is highly complex and subject to many factors, including market sentiment, global economic conditions, regulatory changes, and more. Therefore, any statements about the status of BTC bulls should be taken as a general indication of sentiment and not a guarantee of future price movements.
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Many people think that the new project is a scam and there is no hope of getting big or profitable, people prefer old projects that already have a strong position in the market, but as traders we have to be able to read the opportunities, we can only get 10x even 100x profit in a year if we invest in new projects.
Of course investing in new projects is an opportunity to get a greater satisfying profit. However, to be able to find a good new project is not easy, especially now that fraudsters are doing various ways to get money from investors through the new projects they offer. Therefore, we must be observant in investing in new projects and must also be prepared with all the risks that will be faced later. |
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to store altcoins I use Trust Wallet, I use it because it's easy to control and I've linked it to my cellphone, besides being easy to make transactions, Trust wallet is also very easy to understand
Indeed Trust Wallet is one of the easiest wallets to use to store crypto currency. Moreover, Trust Wallet supports a variety of crypto assets to be stored. In addition, With Trust you can buy, send, receive and deposit Bitcoin or other cryptocurrencies. Yes, that's right, a trust wallet is a medium that makes it easy for every user to transact, whether it's buying, sending, receiving, and depositing Bitcoin or other crypto currencies. Thus, I think many of us are using Trus wallet now. Apart from being able to buy, send and store bitcoins and other altcoins, Trust Wallet also offers users high functionality and a good level of security. Even as time goes by Trust Wallet has developed into a trusted crypto wallet application with more users around the world. |
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Cryptocurrencies are inherently risky, but not all new projects are bad, and there are hidden gems in them.
Experience is the best teacher in life, we rely on experience, analyze often and choose to invest in new projects selectively, to minimize the risk of loss of funds.
Indeed, investing in Cryptocurrencies, especially in new projects is risky. While not all new projects are bad, most new projects these days aren't promising either. For example, there are many new projects after successful sales, but the tokens are not listed on the market, and there are even tokens that can be sold but have no price or are of very low value. So we must be prepared for all risks when investing in new projects and most importantly, never use money for daily needs, let alone debt money to invest in new projects.
Of course, not all new projects are bad, but new projects are very prone to scams because during the pre-sale of tokens they could run away after collecting funds from investors. Therefore, it is very necessary to conduct in-depth research before investing in a new project and of course, you must be prepared for the risks that will be faced.
perhaps, it was a very usual issue that we experience in investing in new projects which is very alarming or discouraging people to invest in them. If I invest in crypto, I'd never spend a lot of time digging and searching for legit new projects but directly go for known and potential coins already like BTC and ETH. Because it found out that even if we do research this won't guarantee safety, many projects have a good start but in the later part, they turn into scams. Right. I agree with you that instead of investing in new projects that will not guarantee security, it is better to invest in coins that have been tested and have strong fundamentals. Moreover, lately, there are many bad new projects that offer good concepts but in the end, turn out to be scams. [moderator's note: consecutive posts merged] |
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I have been investing in Crypto.com , now known as Cronos, since March this year.
I see it has been falling in the last 24 hours as many are panicking it could be one of the next exchanges in trouble.
I have just tried to deposit some money onto my crypto.com account and it has left my bank but not reached my account and this was over half an hour ago now, it usually reaches my account in a few minutes.
Is there currently a problem with deposits??
What does everyone think about crypto.com is it in trouble or should be ok?
I have never traded on crypto.com. But what I do know is that crypto.com is a good marketplace and has good credibility. Maybe crypto.com did some updates so that your money deposit could not be processed. It would be better for you to try contacting crypto.com so that your problem can be resolved. |
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Best time to buy generally depends on individuals. My favourite time to buy is right after (not before) I feel bear is over. At that point I spend at least half of my portfolio on Bitcoin, Ethereum and BNB (mainly Bitcoin). Then I keep buying more and more everytime price keeps moving up. I believe there is no better option to follow this method. Yet as I said, its far safe to buy after bull starting to shape NOT before.
The strategy you use is buying when the bear market is over not many people are able to do it because it is difficult to predict exactly when the bear market will end. I think it's better to buy when the bear market is going on while prices are low and then hold while waiting for prices to go back up. |
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to store altcoins I use Trust Wallet, I use it because it's easy to control and I've linked it to my cellphone, besides being easy to make transactions, Trust wallet is also very easy to understand
Indeed Trust Wallet is one of the easiest wallets to use to store crypto currency. Moreover, Trust Wallet supports a variety of crypto assets to be stored. In addition, With Trust you can buy, send, receive and deposit Bitcoin or other cryptocurrencies. |
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Of course we hope that in the future more and more countries in the world will legalize bitcoin. Although we know that so far there are still many countries that do not yet have clear provisions regarding bitcoin. Most countries choose to use a wait and see approach or wait for the development of bitcoin in the long term. Therefore, with Russia and Ukraine having legalized bitcoin, hopefully it can encourage other countries to legalize bitcoin to be used as a medium of exchange.
Bitcoin being widely used around the world is something we all want, but bitcoin's biggest hurdle is still the government. Many governments are wary of bitcoin because once accepting bitcoins means their power will be reduced somewhat, bitcoin is not their product and they cannot control it so it is difficult for them to accept mass. Russia had a harsh reaction to bitcoin before, but when war broke out, they quickly accepted bitcoin, one side used it to evade sanctions, and the other used it to donate to charity during the war. Both are using bitcoin for short term personal use. I don't know how they will react after the war is over. Right. Indeed, many countries in the world still choose to watch and wait for the development of bitcoin in the long term before making the decision to legalize it. Of course the government will test it first so it doesn't have a bad impact on the community. In addition, Russia, which has now legalized bitcoin, must have tested it before so that they want to legalize bitcoin. Although we don't know if Russia is legalizing bitcoin in the long term or short term. |
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You must not invest your real money when you are trading for the first time. Because you can lose your all money by just doing a single mistake. I suggest you to first trade with demo account and learn how to place orders, what is limit price how to set stop loss etc. Basic knowledge of trading is very important.
I agree with you that for a beginner when you want to invest in crypto, never use money that is used to meet daily needs. Moreover, desperate to borrow money from other parties as investment capital. It is better to use idle money which when used for investment will not affect daily needs. In addition, we also should not force investing only based on the lure of instant profits without basic knowledge of trading because it can make us suffer losses. |
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I think that although there is a little bit of Bitcoin price movement currently in the $23K area, the current price movement doesn't have the potential to be an important enough area for significant gains. It's better not to rush to buy and stay careful in the market situation is still not stable, don't panic too. It would be wiser to wait until we see indications of a bitcoin rebound.
The bitcoin price has returned to $24k and hopefully, the price can continue to increase upwards. For those who bought bitcoin at yesterday's low, this is an opportunity to take profits but if they still want to keep it, that's up to them. But it looks like it's an uphill battle for bitcoin as the price will probably keep going up and down from $23k to $24k. Hopefully, this month, there will be a lot of good news for crypto so this can be a trigger for bitcoin to start rising and get rally. It seems that in this month it is difficult to see the trigger for bitcoin prices to continue to rise. After the bitcoin price had risen to the $24k area the last few weeks, but now bitcoin has weakened again where the bitcoin price has fallen back to the $21k-$22k area. In the current market situation we should not be rash to buy because the price of bitcoin still has the potential to fall even further. Yep, when we thought that the market just rest after going down to $23k, now it continue it's downtrend and we may hit $20k again. So it's very hard to see that this month might be a green candle again if this trend will continue in the next two weeks. The question is, what trigger another set of sell off in the last 24 hours? We've been so positive in the last 4 weeks and so again it baffles us, seeing the price going in the $20k'ish and it will take a lot of time to bounce back again. It's hard to know for sure what triggered the intense selling that caused bitcoin's price to drop again in recent days. Therefore, seeing the bitcoin price currently hovering around $22k, it seems that the bitcoin price has the potential to go down again and move to the $20k area at the end of this month. |
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If you want to invest or buy then you can choose one of the top 10 altcoins that have strong fundamentals. In addition, you need to know that don't buy when the price is high but buy when the price is the lowest of the price in a period. Perhaps, buying at the lowest point is not always accurate or perfect, however, the principle of buying at the low price will benefit in the future.
investing in cryptocurrencies doesn't have to buy one of the top 10 coinmarketcaps, if you buy one of them, then of course you won't get more profit in the future, it's better to look for a GEM project that is still low cap and has strong fundamentals , I'm sure 1000x for your investment will get in the future If we have a lot of money maybe we can buy all the coins that are in the top 10 coinmarketcap. But if we don't have big capital then we can buy one of the top 10 coinmarketcap like Ethereum or BNB. Moreover, the two coins have strong fundamentals and have been proven to be able to generate large profits. |
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I use the Exodus wallet because this wallet so far is very safe to use without any obstacles, especially since this wallet is software that can run on a cellphone or computer without a hitch. In addition, the Exodus wallet has a very good operating system. Indeed, there are many other best wallets that can be used to store bitcoin and altcoins. Therefore, do not choose the wrong wallet to store your crypto assets. Look for a wallet that already has legality and avoids the traps of fraudulent applications.
Trush Wallet and Metamask who do you thing the best one? I think Trust Wallet and Metamask are two equally good wallets, they both have their own uniqueness. one of which is Trust wallet which allows users to explore more widely on different networks and metamask also has the advantage that it can be used on two android platforms and computers. |
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Basically it is difficult to predict with certainty when a bear market ends and a bull run begins. Especially with the volatile crypto market conditions throughout this year where bearish conditions in the crypto market still occur. But rest assured that the bull run market will definitely happen again and bitcoin will again print new ATH again.
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It seems that in this month it is difficult to see the trigger for bitcoin prices to continue to rise. After the bitcoin price had risen to the $24k area the last few weeks, but now bitcoin has weakened again where the bitcoin price has fallen back to the $21k-$22k area. In the current market situation we should not be rash to buy because the price of bitcoin still has the potential to fall even further.
The lowest price area for Bitcoin today is below $21K although it hasn't reached $20K yet, but if you want to buy in the $20K price area I think there's no need to be afraid and it's also not considered a hasty thing because an increase in Bitcoin will always exists as long as one can be patient and wait for another increase to occur in Bitcoin. So try to buy as much as you can gradually when the price is declining because it's much better than someone buying when the price is rising. Seeing that the current crypto market situation is still in the red zone, we really don't need to be afraid to buy while the bitcoin price is still low if we can hold it in the long term until bullish momentum occurs again in the future. However, even though the bitcoin price has not yet reached $19k, we can be patient and wait to buy at that price because it is possible that the bitcoin price has the potential to drop to the $19k area, moreover the selling action is still strong in the current market. |
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On coinmarketcap.com, the price of bitcoin has dropped below 35K USD, which is an excellent opportunity to start an investment in bitcoin. Waiting for this time, but I just need more money. I'm hoping to earn more money the next day so that I may take advantage of the falling bitcoin market price.
You can invest in crypto with small or large capital according to your financial capabilities. When the market is down you can buy with the money you have without waiting to collect more money. As long you do stick with the main rule of investment then you should be fine. Invest on what you can afford to lose and dont be greedy and dont really make your emotions control you because these are the things which make things more harder on where you would be experiencing losses on certain extent or level which might be the reason for you to give up. Invest on something which you do seem that it does have potential, dont make yourself to be that impulsive or really able to easily get fomo'ed on what others been saying or suggesting.Stick with your own analysis and enhance your knowledge and skills in the market on which it could really be that helpful or useful on your future career and endeavours. Right. I agree with you that in investing in crypto we should not be greedy and feel panic or emotional when facing market turmoil. It is necessary to calm down and be patient before making investment decisions. Because, if you are rash in making decisions, you can experience losses that are difficult to avoid. yes greedy nature will make a bad impact on trading, definitely will not be consistent to get profit and of course it will be easy to lose, and that's a fact, what happened to me, I used to trade with $100 capital and felt less, and I tried it by adding $500, and what happened? yes! I ran out of capital because of trading. Indeed greedy nature often makes a person lose without realizing it. In trading on cryptocurrencies, it is very important for a trader to be able to regulate emotions so that they can avoid fear and greed in taking steps in trading in the crypto market. In addition, a trader must also be able to do technical analysis so that he can know when to enter, buy and stop loss to avoid losses. greedy will make mistakes and will make yourself a disaster, don't even think about getting 100x in investment, we are in crypto currency, all news is very sensitive, and look what happens if someone buys bitcoin at the top price! yes! your profit is gone! Generally, investors who are new to the crypto world usually have greed and high expectations so they want to make big profits quickly in a short period of time without having technical analysis skills so they often experience big losses. Whereas in trading cryptocurrencies multiplying large profits in a short time is very difficult and requires good skills in analyzing the market. |
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I use the Exodus wallet because this wallet so far is very safe to use without any obstacles, especially since this wallet is software that can run on a cellphone or computer without a hitch. In addition, the Exodus wallet has a very good operating system. Indeed, there are many other best wallets that can be used to store bitcoin and altcoins. Therefore, do not choose the wrong wallet to store your crypto assets. Look for a wallet that already has legality and avoids the traps of fraudulent applications.
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