People are seeing the fiat money going crazy in a lot of countries due the inflation, those that are holding Bitcoin and other cryptocurrencies are trying to Hold it for long as they can.
some people have made sales because they need money. whether it's panic or not, but now it seems that selling assets is not because of panic, but because of necessity. one thing that I feel is that until now I tried to hold my assets until the price went back up.
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I don't want to say $ 100,000 in 2025, I want to say that $ 100,000 can happen at any time, but Bitcoin must be really FOMO, or maybe it's better to think rationally, and trade according to your profit plan
even if it's potential, we don't know if we still have bitcoin at the time. however, it is still around 5 years old, and I think there will be many obstacles that bitcoin will overcome. if the development of bitcoin leads to something positive, that might be achieved, however, if not, I think the price will be below that price.
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So far ethereum can still survive above $200 even when other crypto and even bitcoin fall lower, with consistency like this it is very unlikely for etherum to touch the bottom like under $100 because domination like this is time for the crypto market to get an upward trend more significant.
With that in mind, it looks like the ethereum price will indeed stay at $ 200 before the price actually pumps. Well, I still keep thinking positively now, compared to having to expect a price of $ 80. however, I still hold ethereum at this time. although, the price of bitcoin fell to as low as $ 8k today, but ethereum persisted. if there is a pump at the price of bitcoin, I expect the same conditions in ethereum
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1. Very high volatility with cryptos unlike forex trading. If done very carefully and well, i can make much more money in a very short period as compared to forex trading
2. Most Forex platforms require KYC which isn't yet a requirement for most crypto margin trading platforms like Bitmex and Bybit.
3. In crypto, markets are always open unlike forex.
I agree with this opinion. however, large volatile levels in crypto make asset movement faster than forex. other than that, I like crypto because each token has a different function, and has a different development. Well, I'm more comfortable using crypto than forex.
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back or not, that was their decision. at this time, many suspect that crypto prices are starting to recover. some people have started a strategy to increase their assets. however, their failure was an action they had taken in the past days, so they already knew the risks they could get when they returned.
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I really liked your message, I decided on another forum to share your information, the more people know, the better. But there for some reason they did not appreciate it. Well, at least there are a lot of adequate people.
that is indeed information that needs to be known to investors. sometimes seeing a very good concept makes them easily invest without realizing that they have been caught in a trap. however, the concept does not guarantee the success of the project if we do not know who the team will develop it.
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Sometimes you should listen to the analysis of others and from that you can either make you own analysis or add some analysis so its safe where you gonna enter or exit. Recording of your trade decision makes someone confident about trading, some people forget why they enter or exit. Emotion is very important and patience in every trading decision.
in addition to conducting analysis, the spread is also another important factor. so far, many people have done an analysis of price movements. however, not many are patients, and some people write on their social media walls that they regret not being patient. be patient, and having information is very important in trading.
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I think that for the next opportunity, the price of bitcoin can survive at the price of $ 10k, and even develops better than its achievement at the pump yesterday. other than that, the conditions are quite different now. halving has happened, so I feel that bitcoin will be stronger to survive above the price of $ 10k.
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for now, I stopped to buy assets, and focus on increasing their assets by working. however, I ran out of cash to buy assets. Well, if there is information that can make the price of a bitcoin/altcoin pump in the near future, I might make that decision. unfortunately, I did that before halving happened.
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Indeed risk management is important for every traders because thats how you can control yourself for further losses. Having a plan, strategy and patience are required in order to do it right because if you have no plan and unable to manage the risk of trading you might lose your capital or worse lose the chance to recover it. Its not easy to be a trader and to earn as well however we can maximize our chance to gain by following our plan and ot greedy to earn quick.
without that, I doubt they would trade without seeing the risk. honestly this is one of the factors that make many traders stop. however, risk management is very necessary. consideration of the risks that can be surmounted will make us better prepared, and confident with the decisions we can take.
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Goverments will never allow it, they want to control money. Maybe we will see digital fiat but not a btc as resserve currency
The government is trying but they can't so if they cannot beat it join it, government are now creating a digital currency on their own, China will soon launch one soon and after that many countries will follow China's lead, we cannot ignore if the most powerful country in the world is creating and becoming a model of it. Well, they won't just let something develop without being controlled. however, I also suspect that they will make their own crypto instead of letting foreign companies control the economy. other than that, this only applies to cryptos that have stable prices. for those who have high fluctuation, I don't think that will happen.
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most people will choose to trade because that is the fastest way to increase our assets. however, if it is a valuable asset for you, then choose an investment, and invest in a sure thing. if I have that choice, I will choose an investment. I prefer to do it slowly and not in a hurry.
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How do we trade as anonymous when we trading with a large amount?
it is very difficult to trade large amounts with anonymous. some people may have specific tips, but as far as I know, some popular exchanges have KYC identification to do that to avoid money laundering. in addition, you can also try trading on dex, or markets that do not require KYC.
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This is damn true, I've seen many projects before that got a successful crowd sale and doing fine in their first year but ended up abandoning the project they are holding. It's, even more, harder to find a good investment today because of the crowd sale scams that are going around throughout the crypto community. Big investors lose their trust in crypto project development that's why some good projects don't get a chance to get their crowd sale fulfilled.
that's what makes investing so difficult, friend. however, many projects do the same pattern, after success, and list to several markets, they leave their project, and the worst is, because of its success, many try to follow the path they take, so many successful but disappointing projects. even for those who do research, sometimes they also get caught up in such investments.
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I would suggest you to leave as it is in BTC because ETH is not showing any positive movements over the couple of months, similarly BTC is moving up even after the halving looks like some miracle is happening.
None of the other coins are performing so good except BTC so think before deciding, because at the end of the day it's up to you.
holding bitcoin might be a better idea than ethereum. although I feel that the potential of ethereum may be greater than bitcoin, but we are waiting for a definite increase, and bitcoin is the closest thing to that. however, bitcoin or ethereum, I think it's the same thing. to be honest, right now I'm more towards ethereum than bitcoin because of some considerations.
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Strong market crashes happen on some very negative news. So it was this time. I think many holders sold their bitcoins because the collapse was over 50%. This is a very large number and against the backdrop of falling global market indices, stock markets and commodities, a further drop in the price of cryptocurrencies looked more than likely.
it is very natural when people panic to see price drops that occur very quickly, and cause panic selling. it's just, I'm not that type. I better hold my assets, and believe in the next price increase. I have seen enough events like this, but, it's best to hold back in the long run, and thinking calmly is the best thing to do.
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Well, phishing sites like this have been made a lot, because of that, sometimes people need to be careful when writing links on a site. This has happened in this forum, even Myetherwallet. many people try to imitate the name of even the template of a large site to trick users, so they can get data from that user. I think it is not only OKEX that has something like this, but this is a very useful information
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there is still a great possibility for ethereum to return to the price of $ 200, because the current price is so close to $ 200. however, all decisions are yours. I also still hold ethereum right now and don't intend to sell it before the price is high. Well, I'm also tired to wait, but it has become a payment to see ethereum prices go up.
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Still there is no projection on the price rage after the halving, so everyone is in confused state about near future price predictions so still we have to time to make the right analysis and use the market condition for making profits.
Personally I am not expecting the sudden spike in the price of Bitcoin after halving, many crypto hodlers had projected a massive pump in the price however there hope is already dashed I expect the price to gradually climb upward with time while patience hodlers will laugh last while taking profits at a given market condition as you rightly said. I also do not expect sudden increases. in fact, I feel that a slow increase can keep prices stable, as has happened this year. well, we expect high prices after halving occurs, but it seems like it really needs a process. however, the price increase that occurred in the previous year also did not happen suddenly and happened gradually.
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This is still a prediction, however, after this prediction was made, the price of bitcoin has strengthened and is approaching $ 10k. in fact, if many people use bitcoin, and mining is slow, then the market will be the main place to get bitcoin. just thinking about this, I feel that the price of bitcoin will increase. Well, I agree that what we see is a vision of long-term development. if there is a decline in the near future, then I speculate that there will be a big recovery after that.
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