I wish Bitcoin full adoption in most countries that matters
I wish Bitcoin to be taught in schools as part of financial management and Investment
I wished we can have a television station that really discuss everything about Bitcoin
I wish Bitcoin will reach 100k this year
And also a is smooth future for generations to come
I concur that best wish for 2023 is Bitcoin widespread adoption worldwide but it would be only possible when governments come up with clear regulations & have them implemented through legislation to build the confidence of investors. Absence of clarity of regulations for investors & traders is the main obstacle for massive adoption of Bitcoin as method of payment in our daily life for buying goods & services. |
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There king of scams are happening on daily basic specifically with telegram users some time ago some coins come to my wallet on BSC network and when i check these price these are 3000$ worth of tokens on pancake-swap ,
So first i know that its a scam but i just try to swap these tokens to bnb but it gives a fee worth of 2.5 dollars but in greed i confirm the network fee and after a step its shows a network error but my 2.5$ cuts ,
So my mistake is every time the transaction fee on bnb chain is usually under 0.5$ but its shows 2.5$ fee which is a clue that this is a trick of any scammer ,
So in crypto you are the owner of your own funds and if you mistake send and confirm and transaction then there is no chance that you will get any of coin back. Before sending crypto to anyone check address three times before send any king of payment .
Always confirm contract address of coin/token before you add them in your wallet & never add such fake/scam coins in your wallet, there is possibility that scammers will steal your funds when you try to sell such scam coins. There are thousands of fake currencies circulating in crypto space with similar name to legitimate coins name like Dogecoin and many others. I always check/confirm contract address on https://coinmarketcap.com/ before I decide to buy or add coin in my wallet. |
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That's good mate, you have a clear plans ahead on where and when you are going to invest your money. For me, I will start accumulating fiat that I will soon trade to bitcoin as well, I need to make all things to get more bitcoin before halving. We all know the effect of halving. If there's other coin that I want to invest as well will be eth and bnb.
I still have not seen convincing evidence that halving affects the price of bitcoin, there are many discussions about this, but there is still no clear answer. Bitcoin was worth buying throughout 2022, it’s not too late to start doing it now either, but what if we have already entered the bull market phase? Growth always starts unexpectedly, and what we see now may well be the beginning of growth. The move from 17k to 21k was very fast, maybe many who were waiting for a further drop and didn't buy are still waiting now and not buying, but they may miss out on a good price and will buying even more expensive. According to economic principle of supply and demand, the price of any asset or commodity should increase with decease in supply. As the supply of Bitcoin decreases due to less block reward with every halving, which leads to decease of Bitcoin supply in the market, the price of Bitcoin should increase, assuming demand remains same of goes up. however, in case the market is in downtrend, the outcome may not be so positive. |
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I am sorry i am not going to click on the link neither will i watch the video. youtube Video on analysis no matter who made them is subject to your own cross check and reviews. I don't depend on the analysis of a so-called or self claimed market expert make my trading decisions. I try to analyse for myself and when it works i smile, if it goes negative i wait to make correction the next time i analyse.
This is the best strategy to use your own analysis to take entry and exit decision for trading in Bitcoin or alts market, instead of relying on someone else, who will never help you for free. If you learn to use RSI & MACD indicators and gain some basic knowledge about, "how to use risk/money management tools", then you can start trading, but in the beginning, trade in spot market & avoid taking position in margin or future markets which are very risky. |
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I think peolpe should deal with the fact that luna is remnant of the past, it's just collapsing coin and it is certainly a shitcoin, there's no saving it from losing its value and investing in it will just waste your money since you are more likely to get taken advantage of by the whales that manipulates the value.
Cryptocurrencies aren't lacking alternatives but I wonder why so many people out there insist in investing into this shitcoin it's just beyond me and actually mind boggling.
The history of LUNA is very painful as many investors lost their lifetime saving when its price crashed to almost zero. It is very unlikely that, LUNA will ever regain its value what is had miserably lost, when concept of algorithmic stable coin did not work out & its s stable coin (UST) broke its peg to dollar which led to collapse of LUNA project. Investing in this project is extremely risky and unlikely to produce any good results for investors, better to stay away from it. DYOR |
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I came across this news on CNBC where standard chartered bank claims that bitcoin will reach 5000$. Being a bank, this can be their wish and not a reality. Banks do not want bitcoin to become popular and therefore they spread this negative information so people panic sell and do not adopt bitcoin.   Obviously, banks will never like Bitcoin to become popular which is quite natural & understandable, as it is a decentralized and not in their control. additionally, if it is massively adopted as method of payment, it can potentially reduce or may eliminate their role in the financial system. There is another reason, why banks are hesitant to involve in Bitcoin, is lack of regulations in many countries for investing & trading in crypto, which restricts their ability to deal in crypto currencies. |
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What the heck is Chivo wallet anyway? It's on El Salvador people if they use such wallet to store their bitcoin, I heard they are mostly illiterate in that country, I am sure they failed to do proper research on Bitcoin and how to keep their keys themselves.
This still isn't getting in the way that Bitcoin getting adopted and this does not mean that Bitcoin had failed this is just the beginning of crypto massive adoption, and sooner or later people will understand.
Bitcoin adoption in Salvador is still in early stage, so it's too soon to conclude that the experiment has not been successful. It was a bold decision of President Nayib Bukele to adopt Bitcoin as legal tender which should be respected. But the timing of this decision may have been unfortunate for him, due to sharp fall in Bitcoin price from ATH of 68,000 to around 16,000 in December-22, which made it challenging for the government to manage. |
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Scam alert: Metamask warns crypto users about address poisoningWhile exploring the Binance news tab I found this article which highlights how a hacker is stealing the crypto assets by switching the address by matching the characters we normally use to send funds so beware of copying and pasting the recipient address no matter what kind of wallet your using and crosscheck all the characters not prefix and random alone. I will quote the important part of the article and will leave the link below. While the attempt would not give the hackers access to user wallets, people who may have gotten into the habit of copying their wallet address from the transaction history before sending digital asset balances could potentially send their funds to copycat addresses.
Because of this, the wallet provider warned users always to be careful and double-check their transactions before sending their balances. The firm highlighted that it would be best to check every single character of the wallet address to make sure that the funds will be sent to the correct wallet. source: Scam alert: MetaMask warns crypto users about address poisoning Thanks for sharing this useful information, we should be more diligent while making transactions from wallets & preferably use save address book feature . This scam has been reported recently in media but hackers have already stolen huge amount of funds from wallets. Though Mestamask team is making consistent efforts to make their wallet more secure but scammers always come up with new idea to breach security system, which suggests that a lot more need to be done to improve security systems to build confidence of investors on crypto. |
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inflation is never good and its own number is highly manipulated
did you know they say "the food group of CPI is 3%"
what is not realised is certain food is used as an index
and some retailers keep those particular items low. while raising the rest
EG
01.1.1 Bread and cereals
01.1.2 Meat
01.1.3 Fish
01.1.4 Milk, cheese and eggs
01.1.5 Oils and fats
01.1.6 Fruit
01.1.7 Vegetables including potatoes and tubers
01.1.8 Sugar, jam, syrups, chocolate and confectionery
01.1.9 Food products [n.e.c.]
by keeping retailer own brand bread low
certain meats low
certain brands of milk low
certain fruits low
they can raise the rest higher
for instance
own brand baked beans stays (in UK) at £0.25/can
but branded heinz tomato soup, spaghetti increase by 50% £1.50 a can compared to £1 last year
cherry tomatos stay at $0.80
but fresh beef tomatos go up by 50%
this way by showing some items only move by 10% and other items by 0. they can fake a 3% inflation on food. even though an average persons grocery receipt has grown by 25-30%
yet their salary/wage has not increased by 20%-30%
even if inflation pretend food has only increased by 3%
You are absolutely right that inflation is never good because it leads to increase in prices of goods, services & energy/fuel products & makes life of common men difficult. High inflation also results in interest rate increase which pushes up cost of borrowing, hence cost of doing business goes up and leads to reduction in profit of corporate sector, as well as causes cost push-inflation, and adds to further increase in prices of goods . The bottom line is that, high inflation rate indicates that economy is not doing well and necessary measures are required to be taken to bring it down to reasonable level to boost economic growth. |
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When cryptocurrencies are on the rise, many people who left the crypto market before will return again. Perhaps new partners will join the crypto market. There are also many people who are sticking to their hearts and have been observing the market in the market. We are now slowly waiting for the market to recover and prepare for more people joining the market next year.
Crypto market is again on the rise, as the price of Bitcoin went up more than 10% at the opening of market this morning. This is beginning of market recovery & hopefully, this trend will continue in coming days & weeks to maintain bullish momentum. As you said, those who left the market during the previous months due to long bear cycle started since Nov-21, triggered by rising inflation & consecutive collapse of FTX & Luna exchanges, led to massive sell off in the market, are likely to return and start reinvesting in the market again. currently the market is recovering but that does not mean a bullish period will come soon, this is only a temporary recovery and there is a possibility that there will be a second recession in the middle of this year. during a bearish time last year there were indeed many who left crypto especially those who were affected by the FTX crash and Luna crash but when they see a recovery like this, the desire to get back into crypto is huge. maybe everyone hopes this will continue to last but we will never know what happened. but if you look at the track record of prices before being bullish last year, there will be a bottom price first. It looks like as market is entering into stability phase, but it is premature to assume that bull cycle has already started. Though Bitcoin made handsome recovery by hitting $21K on Saturday, but it didn't sustain this price, however as long it stays above 19,500 (200 DMA) and makes some green candles on weekly chart, it would be healthy sign & we can expect Bitcoin to make further gains in future. |
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...I am making a profit right now already, if I sold today I would be in profit and that's the good thing but the better thing is that I am not even going to sell now, it could drop back down and I don't care, I will sell it when it is much higher.
If you cannot trade with profit, then your choice is really the right one to walk the coin until the price reaches a level when you are ready to sell BNB. Actually, this also applies to other coins, since as a rule long-term holders get a bigger profit than traders who do not always manage to keep their deposit. Your suggestion to continue holding BNB or any other asset for long term is good strategy and it always works when we track the history of Bitcoin and other top class coins including BNB which now ranks #4 on cyptomatketcap and I think it is worth holding for long term. It requires professional skills, experience and high level of patience to avoid impulsive decisions for generating profit from trading activity. |
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Binance is one of the largest crypto market exchanges in world. It holds its token also as binance (BNB) coin. This token is now one among the top five crypto currencies. Binance coin price is on roller coaster currently with after FTX drama. Binance CEO CZ, compares the collapse of FTX with 2008 fall of regulated TradFi, which had been in existence for more than 70 years.He is optimistic about the crypto market and predicts a swift and significant recovery for the sector. In 2021, the BNB coin prices soared close to 1688.77 Percent and, from there, the market is waiting for a price increases at least until 2023. Since inflation fears are expected to become more severe at the beginning in the year ahead, Coinpedia Binance Coin Price Prediction( https://coinpedia.org/price-prediction/bnb-binance-coin-price-prediction) for 2023 is $275.2227 towards 2023's close. Currently BNB price is at $289.52 on Dec 6th 2022. What do you think, Binance price will surge above $289 or bearish trend will drag it down? I don't think BNB will touch the $300 mark in 2023. If you look at it from the market, it is still not stable and you cannot predict its movements or you can say it is unstable. Whereas BNB itself is an altcoin that tends to have slower price movements compared to other altcoins. What's more, lately there has been a lot of bad news and FUD circulating about the BNB token owner's platform. Maybe this price can be reached even more in the future when the bull market occurs, but it looks like it will take even longer and more than 1 year like what you have targeted in 2023. BNB already hit $ 300 this morning and made high of the day at 314 , currently it is trading around 305 which is certainly a good news for all those who invested in BNB & it may hit $350 if Bitcoin remains strong in coming weeks. The crypto market was in oversold position since many months & It was waiting for any good news to take a technical rebound, the positive CPI report announced recently, served as a catalyst to trigger overall rally in crypto market. |
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When cryptocurrencies are on the rise, many people who left the crypto market before will return again. Perhaps new partners will join the crypto market. There are also many people who are sticking to their hearts and have been observing the market in the market. We are now slowly waiting for the market to recover and prepare for more people joining the market next year.
Crypto market is again on the rise, as the price of Bitcoin went up more than 10% at the opening of market this morning. This is beginning of market recovery & hopefully, this trend will continue in coming days & weeks to maintain bullish momentum. As you said, those who left the market during the previous months due to long bear cycle started since Nov-21, triggered by rising inflation & consecutive collapse of FTX & Luna exchanges, led to massive sell off in the market, are likely to return and start reinvesting in the market again. |
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Hope you have success in accumulating more Bitcoin by taking advantage of current bear market, which is still struggling to show some early signs of improvement. It is very difficult to predict Bitcoin price with certainly but CPI report released yesterday, suggests that current money tightening policy of FED is producing desired result, this can result in pause in interest rate increase or less harsh increase in 2023, & it can lead to stabilization in all financial markets, including crypto, in coming months.
Do you know about details day or time about CPI report released? I think have bigger impact after this announcing make Bitcoin drop or pump drastically. Can't predictable about Bitcoin will go up or down due CPI report have good news actually with interest rate increase up and down possibility to make Bitcoin price can't stable. There is a great opportunity for me to make more than 10 bitcoin throughout 2015 Around this years seems easy how to earn Bitcoin due market give us benefit and can earn more than 40% investment profit with Bitcoin. Hope around 2023 above we can earn stable income with Bitcoin and not facing problem having more than 1 Bitcoin. The CPI report was released on last Thursday, dated, January 12th-2023, which was very positive for the market as inflation is consistently coming down. The details are given in the attached link: Bitcoin has made two consecutive green candles on weekly chart & also broke psychological barrier of 20K. Its current price is around $21,200. It seems that eventually bulls have taken control of market. If the current bullish trend continues, it is likely to hit 25K by the end of January-23. https://www.investing.com/economic-calendar/Lower CPI is a positive signal for the market but not big enough for bitcoin to skyrocket like now, inflation is down but still very high so don't think that's the reason bitcoin spiked to $21k. Bitcoin can rise for no reason because it is a market that is not too dependent on supply and demand and is manipulated. It is true that lower CPI is not a single reason behind the jump in Bitcoin price of around $2K, which came as surprise for all of us, but I think it was overdue as Bitcoin was in consolidation phase since many months. Some market participants interpreted this sudden rally as bull trap, but technically speaking Bitcoin is now trading above 200 DMA which is a good sign, now it should make few green candles on day chart & stay above 19,500 to confirm bullish trend. |
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Hi, I'm new to here. So just want to ask your help or guide.
I have currently 800$ worth BNB. These are got from NFT that I sold back months ago that I got from airdrop. So what i need to know should I convert it to stable coin or should I invest it for bitcoin? Because my friends say that BNB don't have a future anymore. So I'm fully worry about this.
Though I am not a financial advisor & eventually you are best to decide to hold ot sell it because its your money, but I think BNB is worth holding because it is native token of a leading exchange which is reliable & consistently launching new projects those lead to strengthening use case of BNB & increases its demand. Crypto market is also showing signs of overall improvement since beginning of 2023 as inflation is coming down. Hopefully, BNB will stabilize above $300 in coming weeks. DYOR. |
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Hope you have success in accumulating more Bitcoin by taking advantage of current bear market, which is still struggling to show some early signs of improvement. It is very difficult to predict Bitcoin price with certainly but CPI report released yesterday, suggests that current money tightening policy of FED is producing desired result, this can result in pause in interest rate increase or less harsh increase in 2023, & it can lead to stabilization in all financial markets, including crypto, in coming months.
Do you know about details day or time about CPI report released? I think have bigger impact after this announcing make Bitcoin drop or pump drastically. Can't predictable about Bitcoin will go up or down due CPI report have good news actually with interest rate increase up and down possibility to make Bitcoin price can't stable. There is a great opportunity for me to make more than 10 bitcoin throughout 2015 Around this years seems easy how to earn Bitcoin due market give us benefit and can earn more than 40% investment profit with Bitcoin. Hope around 2023 above we can earn stable income with Bitcoin and not facing problem having more than 1 Bitcoin. The CPI report was released on last Thursday, dated, January 12th-2023, which was very positive for the market as inflation is consistently coming down. The details are given in the attached link: Bitcoin has made two consecutive green candles on weekly chart & also broke psychological barrier of 20K. Its current price is around $21,200. It seems that eventually bulls have taken control of market. If the current bullish trend continues, it is likely to hit 25K by the end of January-23. https://www.investing.com/economic-calendar/ |
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Hello friends Do you currently have at least 1 bitcoin? Many people sold their bitcoins after quite a big drop,but i am sure there are people who still hodl a large amount of bitcoins And i always wonder what motivates those people Faith,hope,unemotional analytics or the ability to see the future?  Please,answer only those who really own at least 1 bitcoin Thank you I always wanted to own at least one Bitcoin, but unfortunately it has not yet came to fruition, despite the fact that I am active in crypto space for over 4 years now. Though I consistently hold portion of Bitcoin & never sell it in loss, instead. add more Bitcoin in every deep dip. In order to generate passive income, I trade in Bitcoin and keep buying it when its price is lower and book gains by selling it when my trade goes in profit, to cover my daily expenses. The goal of owning 1 bitcoin is a goal not only for you but for most people on this forum. I believe that as long as everyone works tirelessly and takes advantage of the current bitcoin price drop to accumulate actively, everyone will achieve their goals. I don't think it's too difficult if we really want to do it. I am more fortunate to own more than 1 bitcoin so far, but I still feel inadequate and still actively collect bitcoin in 2023. So I expect 2023 to still be a bearish year for us to take advantage of. Hope you have success in accumulating more Bitcoin by taking advantage of current bear market, which is still struggling to show some early signs of improvement. It is very difficult to predict Bitcoin price with certainly but CPI report released yesterday, suggests that current money tightening policy of FED is producing desired result, this can result in pause in interest rate increase or less harsh increase in 2023, & it can lead to stabilization in all financial markets, including crypto, in coming months. |
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Hello friends Do you currently have at least 1 bitcoin? Many people sold their bitcoins after quite a big drop,but i am sure there are people who still hodl a large amount of bitcoins And i always wonder what motivates those people Faith,hope,unemotional analytics or the ability to see the future? Please,answer only those who really own at least 1 bitcoin Thank you I always wanted to own at least one Bitcoin, but unfortunately it has not yet came to fruition, despite the fact that I am active in crypto space for over 4 years now. Though I consistently hold portion of Bitcoin & never sell it in loss, instead. add more Bitcoin in every deep dip. In order to generate passive income, I trade in Bitcoin and keep buying it when its price is lower and book gains by selling it when my trade goes in profit, to cover my daily expenses. |
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Others may have explained the difference but I will just say this:
Bear market makes you a better trader or investor.
Your definition of bear market is very interesting & it is true that hardships & tough times push us towards trying/experience various types of strategies to get best results. It is also important to don't get demotivated during the bear run & make use of this opportunity to continue accumulating coins/tokens of good projects. During the bull run, it is equally important, not to take impulsive decision to selling assets and wait for peak of the market to book optimum profit. |
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2022 surely is a bloody year for Bitcoin and probably all portfolios, but it is never a wise idea to sell during a dip. That could be a trading strategy but make sure you know very well your analysis and know exactly what price you will buy back. If you are clueless about it, you better be hodling strong and just wait for the bounce back. There will always be that time. If 2022 is bloody, 2018 was bloodier. I was there and I survived. There's no way I can't now.
Year 2022 is history now but it will be remembered as a very difficult year for crypto, as collapse of FTX and Luna triggered massive sell-off across the board & many investors suffered huge losses & some of them lost their life time savings. Additionally, the interest rate continued rising throughout the year due to high rate of inflation, which had also negative impact on all financial markets including crypto. Hopefully, 2023 will be an improvement year over 2022, which is also evident from beginning of market recovery. Bitcoin is now trading above 18k which is a good news for crypto Investors & traders. Market analysts also expect a less harsh monetary policy in 2023 which is another positive factor. |
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