I personally feel little bit confused because somewhere I feel if I enter now then I will be doing it in FOMO. Please share your opinion whether we can still take entry or should we wait if there would be any possible market correction and this is not for long term investment.
I think we shouldn't generalize everything and of course there are very different things called fundamental and not. SOL for me is quite good, but not yet significant. Indeed, there is no limit to how much profit we earn. can gain profits, even though the risks faced are also large. Investors can customize the portfolio they want to choose, in high risk or low risk. Many altcoins will disappear from the cryptocurrency market, most of them are projects that do not have their own ecosystem and have no function at all in the crypto world.
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This market is not a reason to despair but rather gives you an opportunity to mix and match the best altcoins to buy and hold. Everyone wants to catch such a market before the bull market comes. You cannot mix the price of altcoins with the price of bitcoin. It's smart to buy altcoins before the bull market hits and may soon go to the moon. Many of the best altcoins you've seen are priced low and you'll never find a bigger opportunity.
One more thing to remember is that if we make trends our friends, it's not easy. Many traders cannot survive and fail in their trading mostly they make mistakes in identifying trends. Trends are very important for every trader. By studying and practicing slowly we will understand which trends are running now. Volatility is also the reason why we make mistakes in determining trends. There are two types of trends that we should study, and it would be helpful if we could differentiate them. The first is the major trend, it can identify in the daily time range and minor trends which usually occur on daily tf such as 1 hour 4 hours. When we can identify the majors and minors I am confident we will survive.
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The goals and choices are of course different in choosing a strategy that is suitable and easy to implement, perhaps the level of risk and reward ratio will be adjusted to the trading plan in the end. The higher BTC rises, the greater the potential for a dump.
Well, I think related to this, in terms of making decisions it comes back to us again even though no one can intervene in what decisions we will take for our life or trade. In the end, the experience is different from other people who will talk about generalizing it.
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That's right, if there is a correction it should be an opportunity for us to buy more but many meme coins have fallen victim to it and it has been proven that they are very ready to wake up and get back on their feet and this is where the facts speak.
Every investment should make a profit, not wait for something that locks us up and can't move anymore and what happens is that we end up feeling disappointed. That's why BTC is the best and most proven investment and investors focus on what will happen to the price of bitcoin next year. So there is no need to worry if we hold bitcoin and hold it until the end of 2025 at least.
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If you have been in this market for a long time, these things are completely normal. The price of a coin often does not have much effect on its technology, like the crazy price increase of meme coins (there is no technology behind them at all). The increase or decrease depends on MM or the investment funds behind it. No matter how good the technology a coin has, if it does not have a quality MM team, it will be very difficult to push the price.
Indeed, if there is a combination of the two, that is a great consideration for the future. Yes. The crypto market for Altcoins is very fragile, if you don't have strong people behind it, it will very easily shake and result in users having a big disappointment because previously they had hoped that the coins they held would later provide more or less profit for them and if there is nothing unique, don't hope they will come and buy it. Yes. Good analysis is very relevant.
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It is better to invest in crypto currency and do it with your own money and not with a loan from someone.Investing in any coin is not only profitable but also has the possibility of loss. So those who borrow from others or borrow from banks to invest in crypto, I think they are making a mistake because they will face a lot of problems if the price of their invested tokens goes down.
For altcoins, please adjust it to the times, if the tide is very volatile, the advice is to watch and monitor prices, otherwise the potential for returning the money we borrow from other people will not be realized. The slightest dump of BTC altcoins is quite fast enough to press downwards and the rise is also very slow and forget to use the SL method if you have time even though corrections are a normal thing in the market cycle, every trader or investor will buy and sell until they are liquid or take their profits.
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some people do agree with your opinion and some don't because they follow the moment in the crypto market. However, unfortunately investors have different responses, there are projects that get a market sensation and there are also those that die because of their quality. In the green market, most investors prefer to play it safe by buying fast-turning coins or top altcoins on CMC, they don't want losses in similar conditions in the past so it can help them survive or at least stabilize their investment during market pumps and dumps.
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At first glance, if we pay close attention, it is indeed unfair in terms of total user losses if we convert them in fiat currency. It seems like the losses are much greater than the value of Bitcoin that they offered at the time of the collapse and this is far below the historical value of the figures set and on the other hand, the claim process. Also, the process of completion may also be hampered by a strict verification process.
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By having a job, it is not certain that someone can achieve their financial freedom, because if someone has an income and they cannot manage it well then it is very unlikely that they can have financial freedom and for those who are still in school and have parents who can afford to send them to school, of course they haven't thought about how to find a job that gives them an income because they still have parents who give them money for them to go to school, but for those who want to start a family of course they have to look for a job and manage their income well so they can save for the family's future. so they can meet their family's needs.
I agree and it is wise for us as heads of families to make preparations for the continuity of life and education of our children in the future. Well, when talking about investment, investing should be thorough when we analyze the project, never miss a single point, meaning it is hope, but we must know that this also contains high risks, the price can rise 10x but it can run out in a few minutes after. The world of crypto trading is very fluctuating.
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I still remember and it reminds me of when I was tempted in the hype and fomo. We must be wise about every opportunity that occurs in the market. Whatever type of coins and tokens we want to invest in because of all the references to BTC, if BTC rises dominantly it will be good and if BTC corrects others will also almost dominantly follow suit. In fact, BTC is the purest to invest in.
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Yeah. This is most often asked but personally I can't compare bitcoin and ethereum directly. as a pioneer of blockchain technology, bitcoin is very different from ethereum, it is more suited as a cryptocurrency while ethereum focuses on smart contracts used for new projects. both are major cryptocurrencies that influence other currencies and are worth buying.
So, in terms of which decision maker we will choose and also the impact of risk to gain profits in investment, sometimes we have to call it an opportunity, if it seems like a small opportunity and the risk is not too high for us, just continue.
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I like BNB the most because it has very low network fees and trading this token is a lot of fun. I like it very much because bnb has zen network tones which you can easily do everything you want and you can pay very easily if you want and your network fee is very low. Also there are some other favorite tokens which I have in second like Matchik which is very good to me personally. Lite Coin. Dougie Coins are actually on my favorites list but I don't like them as much but I use them occasionally but the fees are very low.
I know that BNB is now well-known and very familiar in many cryptocurrency communities, apart from its attractive features ranging from speed, low fees, and the idea of creating smart contracts, it will be a great coin and a serious competitor to existing coins such as ethereum. I see that Dogecoin is also good and can be used as an addition to your portfolio if you want and until now the price is still in the cheap category apart from the strength of the community and I think that in the future investors will really pay attention to this coin too.
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Our main enemy in trading is our psychology and greed, I think preparation is also necessary to look for coins/tokens that have good fundamentals because if we make the wrong choice it will not be easy for us, in the first step our losers will be our friends and that will shape our mentality. In my opinion, it's better to just look for something that has been tested. For example, SOL or something else, maybe the reason is quite simple. In my opinion, SOL is very fast compared to other coins.
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Start of January is like blessing for crypto market. Crypto market start pumping from last few months but in January, it speeds up. Even Good news like Bitcoin ETFs get approved a days ago. But suddenly market gets unpredictable. I mean it went to correction mode, and then get recovered. then dump again And now trying to pump. Situation is confusing. So what are you doing now?
4 just watching the market like me
Maybe it's better now, and it's best to monitor first and don't rush into the market if you're not ready because facing conditions like this in the market requires a strong mentality so that we don't need to panic when the market runs in the worst scenario. and another thing is that halving bitcoin and ETF Ethereum is the main issue at the moment. most investors are waiting for this.
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I believe jupiter will be here to stay as major project in crypto industry in the following years. And i think few month is not enough to see a profit unless bitcoin start to go up and reach it's current all time high
If they can control the price every time it goes down, I think it will soon return to normal prices again and indeed the fluctuating conditions of BTC really influence the rate of increase of the coin, but as a trader you can always take advantage of moments of falling prices, be it JUP or the other, well because every second Opportunities appear on the market one after another.
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So anyone thinking about investing in those coins needs to keep this in mind and plan accordingly, as the number of coins that will produce the former scenario are very limited when compared to the latter.
Risk is an inseparable part of the world of investment in cryptocurrencies and it is true that we have to know it and learn how to choose correctly to manage risk so that our investments can develop smoothly so that we can take several opportunities by trading several potential coins.
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Maybe it makes sense to say that because this can lead to more buying demand which will lead to price increases, it's just that the current condition of society feels uncomfortable seeing price movements in the market and can be said to be quite boring. Apart from that, they also have to calculate several other factors outside their control, such as global events or others.
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I think this is impossible because currently Bitcoin already has many users and investors. I still have a small amount of digital assets in the form of USDT and I will use all of those assets if one day the price of bitcoin drops to the point I have determined. This means that every time the price of Bitcoin drops to a certain point, there are investors ready to buy Bitcoin.
As long as there is supply and demand in the currency market BTC will be fine. If it says it will be Zero like the OP above, this achievement is like seeing a miracle if the altcoin can return to its initial price when it falls. If someone wants to sell bitcoin at this time it is the wrong time. we will incur losses because of this decision. First, we lose money if our purchase price is at a high price and also we lost the opportunity to get the highest price ever when bitcoin finished halving.
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Are we seeing a time where BRICS currency and cryptocurrencies are the answer to a world tired of the us dollar?
In reality, the world is still very dependent on the dollar, for example in the aspect of international trade. Indeed, the BRICS Countries are doing this as an effort to reduce dependency and we must respect that too. Regarding the relevance of the BRICS cryptocurrency, I think that as long as there is supply and demand in the cryptocurrency market, it will work and on the other hand it requires strong cooperation and coordination so that it can run according to the initial goals.
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Regarding war, there are probably quite a lot of predictions, maybe it will start slowly, maybe it will boom in 2025. I also see it as a main issue.
So, in relation to the Crypto Market, if there really is a war and its impact, we cannot yet say it clearly and with certainty. What is clear is that it also has its own impact on the market. Actually, the current market war is a price war that is always fluctuating and will never end, yes. As long as there is supply and demand in the cryptocurrency market. Every day we see the price of bitcoin moving up and down within a small range.
Whether you end up in ETH or something else, these fluctuations will definitely test our psychology, whether we are strong enough to face them or not. If we are strong in facing it, I am sure we will get a lot of benefits from the price of bitcoin.
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