The ultimate winners are those who benefit on the Bitcoin pump which can be already given and obvious that those who bought when the price is still cheap than the current price pump are the ones to be considered as the ultimate winners for they have come into a worthy decision of buying Bitcoin at lower price and manage to hold it for a while until price rises and gain their profit from the pump happening. They are not just considered as patient but as well as lucky for their patience have make them pass through circumstances and now they are gaining their deserve prosperity and benefit for the decision they have made.
Agree, like you said it's not so easy to hold our nerves if the price goes down once after we bought. We have a unique example of those who bought in high price before few year's for 19+ and they were waiting patiently even the price came down to 3k. Many of them sold in FOMO and many of them believed in BTC that's the spirit I would say for the holders. Because they would have surely faced lot of ups and downs after buying at high price after all the challenges they are declared as winners. |
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One thing you need to understand is BTC has nothing to do with dollar value, BTC doesn't need any popularity it has already been king among the crypto world and surely this might not harm the price of BTC or dollar. BTC is still undisputed champion in crypto market.
I don't think it will go as it was in mid of last year, In my opinion it might play around 15-25k again again in the last quarter the results may be different.
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This guy has some different thoughts about his future and he's very clear in his investment plans on buying BTC I think he wants to change his entire business payment via BTC because it gives him multiple options on making profit like you can buy goods on based on market price well if this goes smoothly I am sure he will again become the richest person as the future of BTC has been massive.
Elon is very clever and business tycoon without any intent he won't say he wanted to buy/ sell goods in BTC, think about it guys.
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Crypto is all about giving opportunity and we have only two sides of a coin like pump and dump, similarly crypto gives us opportunity but it will not keep going I mean the price should drop someday and that's how the market is all about and that's what it happened in 2017.
But this time a lot of institutional money has been poured and corporate gaints involvement is more and that's why we are experiencing this huge pump and the momentum is going so long.
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If you look back at 2017 pump it was average users like us who got the benefit of bull run as Bitcoin was easily affordable before the bullrun hence a good portion of users had bitcoin in their portfolio as there were not that much altcoins available in the market. But this year who has gained more ? Is it average users or else institutions and traders who made most of it? I think it's trader's who bought at cheap and sold at high because institutions are yet to cashoutm what do you all think?
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Agree, the majority of the people are unable to buy BTC now because of higher price. So it's better to buy slowly from our savings if the drops then it's giving us an opportunity and yes every penny counts in BTC and gives more profit than we expect but it's a risky asset as well.
Most of the newbies are buying in huge prices and FOMO plays an important role nowadays this is happening only because of lacking in knowledge this should be avoided BTC is not a getting rich scheme.
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Sometimes is a defensive thought, sometimes its an offensive one. I'd never sell it all, but converting some to another tangible asset has its merits.
I think it is worth taking a few profits along the way. I think it is very interesting to sell about 1-10% when you reach 1000-10000% profits. Then you can reduce a lot of your invested capital, reducing your risks and you will fell better when the price crashes again. As you will have some capital to buy back. You are right, this works for me as well when ever I buy at higher price I use to buy it again if the price drops as soon as the price goes up immediately I will try to average it and sell it best price, I always feel that avoiding loss is also a part of making profit because if the price goes down continuously then there are more possibilities for huge losses also we do have lot of benefits like dumping money can be avoided and we can trade it again and again. |
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The longer it remains at sub-40,000 level, that much greater will be the chances of another correction. At least some of the investors who purchased their coins at around $10,000 per coin will be tempted to book their profits. And this profit booking can trigger the next correction, and there is a good chance that the prices can fall to $25,000-$30,000 in the short term (before the next rally takes it to above $50K).
Exactly else we wouldn't have saw such a big drop which happened last week it went down to 30k which was a really big deal then again it made a strong come back and now it is rallying at 36+ I know BTC is a unpredictable king in crypto but I never thought it will make a massive comeback after that drop however it's getting ready for a big hit which could be nearly 50k in my opinion and that's what I am expecting too. |
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I hope this lawsuit will not long last in ripples issue because many people have invested loads of money in XRP which is not a solid deal, and I believe bidens government will have a serious look on it because ripple is a strong and powerful coin in crypto industry.
As XRP has correlated with bank the court will be top priority to solve this issue at the earliest, let's believe everything will go in favor of XRP.
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I don't see any stabilize coin in crypto usdt is just interacting as a exchange, people tend to say it as stabilized Fiat crypto.
Terra coin is very familiar I went through some articles where I see they have pegged with major currencies in the world, also their transaction fee is low as well and it is a decentralized crypto, and I think it is stable and totally independent.
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Mate you can make lot of short term profit in BTC right now because the fluctuations are really good, last week suddenly it went to 30k then it cake back to 35k. The price is playing between 34 - 37k from couple of days, isn't this an opportunity?
I think this market movement is very important for us to buy and sell for short term however we need to be very careful even the defi projects are doing great from few days. I believe this is a great opportunity for everyone.
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BTCs dominance was going up after the drop it looks like it is waiting for next level of 80% based on the supply level it will be calculated, the key factor for BTC dominance is due to it's rapid rate of adoption. As ETH was expected to be a strong competitor this time it failed to beat BTC.
However the demand and supply is there so it think it's just a matter of time to go for next level, if the price goes up spontenously then surely it dominance will go up.
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Ahhh, I think it's impossible at this point of time because the price of BTC is in extreme peak. The dump will surely happen in few days or months as lot of institutional money has been poured for sure they will exit I mean they might sell based on the market conditions but 5k is not possible in my opinion we can see atleast 10k in upcoming days if you are interested to buy just wait patiently until the market goes to bear.
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Many of the people closest to me when the price of Bitcoin returned to $ 20,000 suggested selling my Bitcoin. But I decided to stay HODL, it proved
my decision was right. Finally Bitcoin made it to the new ATH at $ 41,900. I still didn't sell my Bitcoin until it hit the price of $ 50,000. Even though
it turns out that the price of Bitcoin is now corrected to a price of $ 36,000. I am still optimistic that the price of Bitcoin can reach the price of
$ 50,000. There were so many changes that I felt when I started getting to know Bitcoin, the most noticeable change in my finances is getting better
since investing in Bitcoin.
I appreciate your decision if you are a short term holder then don't be greedy too this may lead you to disappointment because you can't expect pump every time, you need to be very realistic depending on the market situation. And yes that's how BTC will reward you if you have invested in it, every penny will be counted into 10x in future. This is definitely a worth Investment which had came in our life to change our future. |
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Bitcoin has been targeted once again with negative speculations over the media and it all started with flashing news when bitcoin reached its ATH and gradually publishers most possibly sponsored by government or banks are trying to question bitcoin's stability and we see new articles everyday stating Bitcoin is going to drop massively and all. This definitely affects nee entrants into Bitcoin which might lead them to withdraw it.
This time they are not directly targeting bitcoin but gradually.
I don't think it was made intentionally when the price dropped to 30k from 40k the majority of Investors were shocked because we never saw such a massive drop previously it's was almost 20% isn't this a big drop? and did you thought this was just a correction? I think that's the reason there was huge panic sell and most of the people came across so many articles. |
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Bitter truth, The hardest part is if the government is against crypto then you can't even share these stuff with your friends or family because the first thing they would say is it's illegal as government is not supporting 😂. And after holding BTC for years suddenly big whales will enter to manipulate the price so that they can buy it in cheap, after holding nerves and your uff patience you will get reward finally. It will be like I have done something big thing in my life  |
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See there's no any specific formula on how BTC price is calculated, if you see the market cap of other crypto and compare with BTC market cap then you will understand how it works.
This is purely depends on supply and demand the price floats based on the needs of buyer's and seller's at the end of day asset matters.
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Rich are getting more richer that's the reality, people who have ability to take risk are making more money than a normal person. I believe not even a single normal has entered in the list except millionares. Who knows even these people could be whales as they are the one who make big impact on BTC price and make it again to pump as still a normal person is suffering from such collapse, at least few of them will be in this list for sure  |
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Expectations are higher and dreams are big too but all these stuffs depends only on how the market reacts, right now BTC has been the hot topic across the globe only because of demand. After few months I don't think BTC could be more and more volatile as it is doing now because the market will always not remain in the same phase in mean bullish, Every rise has a fall so we don't know what might happen in future I am holding my nerves upon the expectations  |
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Both are two sides of a coin as BTC remains king of crypto, ETH will be considered as alts king. Only the market capitalization and dominance matters.
To me both are precious and BTC is my favorite pick then comes ETH and some other alts, these two depends on our investment because BTC price is too high compared to ETH. This time BTC pumped a massive rally of 300% where as ETH was at the previous ATH. However both are worth Investment for long-term.
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