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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Dear All
There are two bodies in crypto, Traders, and investors. Today's topic is for investors. Specially very longterm investors. There are investing strategies for everyone. Share your ones.
Most common and sometimes I adhere
Collect BTC at Deep Dips. (recently FTX collapsed)
Collect potential Alts Bear market.
so lets share your belives on strategies.
The long term winning strategies in crypto market start with good research work before deciding to invest in any project, which is key factor for the success of investment, because it can help a lot to identifying good projects which are fundamentally strong & backed by professional and dynamic teams . The next important factor is patience, which means avoid impulsive buying or selling and wait for the right time to take entry and exit to book good gains on your investment. |
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Hello Bitcoin People. First you must have a clear idea of what you want to do, if what you want is to invest in bitcoin in the short or long term, if your goal is to invest in bitcoin only in the period of time of the year 2023, there are many speculations as to whether it would go up or down, for example, one of the most widely read magazines in the world of finance "forbes" commented in one of its articles related to the whereabouts of BTC this year, arguing that: Bitcoin price predictions range from $250,000 all the way down to $5,000. Inflation is a key factor in Bitcoin's price in 2023. Some believe that this year could precede a big rise in Bitcoin prices next year with Bitcoin halving.
SOURCE: https://www.forbes.com/sites/qai/2023/01/05/bitcoin-is-in-for-a-wild-ride-in-2023-here-are-the-predictions/?sh=4d5dd2529fadThe speculations of this year vary a lot, there are even friends of mine who say that this is the year of 100 thousand for bitcoin. My recommendation is always to invest in bitcoin in the long term because it will always end up giving you better results. It is true and most of market analysts suggest that investing in Bitcoin for long term always yields better returns, but it requires high level of patience & perseverance to keep holding your position during the downturns of market, such as happened with FTX & LUNA. Though bearish trends never last for ever and eventually come to an end, but it is important to remain invested and don't make decision based on day to day market fluctuations unless you are proficient in trading. |
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I am interested in investing but I don't have that much experience in investing and am not able to gain good knowledge by doing research. I saw the Bitcoin market was very dumping in late 2022. But now in 2023 the market is increasing again little by little. I am very interested to invest right now if I get the help of a good investor then I will invest in this market. I am looking for a good experienced person advice for bitcoin investment. So that I can profit from investing Bitcoin wealth in 2023. Can't get much idea about the market. How should I start investing right now, should I start with a small amount of money or should I start with a lot of money? Those who have good knowledge about investment will definitely help me in this regard. Graph of the Bitcoin market right now.  The profit you make on your investment depends on your average cost of buying and how market performs in 2023 which nobody can predict correctly. However, as most of analysts suggest, Bitcoin has already seen its bottom and we are witnessing clear signs of market recovery since beginning of 2023. Hopefully, Bitcoin will perform better than what it did in 2022 & its price is likely to stabilize above 20K during the current year. |
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There's a lot of threat when trading by borrowing because there will be profit and loss in trading and the rise and fall of the currency prices aren't always the same. If there's a loss also it's delicate to repay the loan. Crypto trading involves investors using espoused finances in a sale to open a long or short position that's much larger than their own capital. It doesn't allow individualities to maximize implicit gains by adding their purchasing power using small quantities of plutocrat.
When traders take position in margin or future markets with borrowed money and with high leverage, though potential of increasing profit is very attractive, but it is extremely risky, because in case the market goes against your trading potion, it can result in significant loss & even your account can wipe out completely, if you had not used stop loss to limit your loss. Even if you had used stop loss, still you will not only bear loss but also pay interest plus commission. Better to avoid trading with borrowed money unless you are well experienced & proficient in technical analysis & risk management. |
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please explain me why bitcoin will make another all time high
or explain some circumstances in that bitcoin's price will go more low and never or after long times later comes up
There is no guarantee that Bitcoin price will rise again but price of any asset depends on its supply and demand. Unlike fiat currencies, it has limited supply of 21 Millions whereas fiat currencies can be printed in unlimited quantities which causes inflationary pressure & buying power of currencies declines over time. That is why investors believe that Bitcoin is the best asset to hold for long term. With every halving of Bitcoin reward which occurs approximately every four years, reduces the rate at which new Bitcoins are supplied in the market which could, in theory lead to increase in its price, even if demand remains same or goes up. |
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You should see profits if you DCA in long enough. I agree, but it would be more profitable if they dare to buy a lot when the price has fallen more than 75% in the previous days. They can also buy with DCA if they still have doubts about the possibility of a further correction, but if they are able then certainly profit can be made in the long term. The cycle will continue to alternate where after a large increase will be followed by a correction, and vice versa. In the long term, investing in bitcoin will be more likely to generate worth it returns, and i thing it is worth the risk of its price volatility. DCA isnt something that for everyone considering that we dont really have that unlimited funds which we could really be able to put in.If we had already done it earlier then there's no way that you can do further specially when the price is still plummeting or decreasing.I could say for those people who had invested into this month of January can really be considered as a good entry and it wont really be that a bad idea on holding it up for future and it is really been considered to be a good start up.If you do hold then its your choice but if you do make out some active trades then it would be always your choice. DCA is undoubtedly good strategy for those who hold reasonable amount of funds and use them prudently. While using DCA strategy it is also important to wait for major dip to buy Bitcoin to reasonably reduce cost of averaging buying price. If we continue buying on every minor dip, then soon we will run out of funds & miss good buying opportunities. Patience is the key factor in building portfolio at good price, and waiting for the right time to book profit. |
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Cameron Winklevoss goes on with his power struggle with DCG. He’s now asking the board of directors asking to oust Barry Silbert.
(...)
He cites various accusations, without providing too much evidence.
I doubt action will follow. But the point of getting DCG out of the dirt it's flying over various exchanges nowadays.
I'm curious what Gemini are hoping to achieve with an out-of-court settlement. It's not as though they don't have the funds for a lawsuit if their case is as strong as they claim. Is it just that they want it resolved quickly? Or do they think the deal will be more lucrative without lawyers involved? No one should want to trigger bankruptcy proceedings if they can get a better resolution prior to forcing that kind of a filing... Gemini and some of the other creditors likely have enough clout (meaning outstanding debt that is not being serviced) that they have standing to force a bancrupty proceeding.. but then the whole thing could end up taking years and years and years to resolve and surely would not work to their (Gemini's) favor either. We all likely realize that Silbert and company is milking this uncomfortable situation.. and if they can delay any kind of forced resolution for a year or two, then Silbert and company would still be able to make profits the whole time that everyone else is suffering... and the matter ends up resolving itself.. meanwhile all the creditors are suffering and some of them are suffering more than others... and Silbert and company ends up suffering the least because of his ongoing stalling... So yeah.. Gemini and some others have that forced filing card that they can play.. and Silbert is seeming to ongoingly gamble that they won't play it. I'm curious what Gemini are hoping to achieve with an out-of-court settlement.
Maybe they already obtained a result:  Well, if management start thinking Silbert leaving could narrow the discount, well I can see Barry staying at the helm too long. The market is starting to seem to show that at least it is perceiving that the situation is not as bad as previously thought.. whether the market is correct is not an easy call, either... unless we can point to some solid resolution that shows that something materially has changed... Read that market. Is it right or not?  Agree with your opinion that , situation is not as bad as perceived by many analysts, and market is showing clear signs of beginning of recovery which is also evident from increase in marketcap. Many investors are currently waiting for release of CPI data & FED decision of interest rate increase(before taking entry) scheduled on January 12th, which will determine the future direction of market. |
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not to mention rural area, a lot people enter crypto at bull market only for $$$
they don't even understand what the technology behind it, nor knowing how it works.
it's not like you buy bitcoin = auto profit. you need to understand the market just like trading on forex, future, option etc.
You are really true about this, usually when people hear about crypto is between this a great opportunity and can make a lot money of it, or scammer place. Some media usually talk about negative side even we are still learning this till day right. Generally, people who don't have in depth knowledge about crypto space, they perceive crypto currencies as get-rich--quick scheme (which is not true) & become victim of scammers. There are scammers in every industry who cheat innocent people by portraying rosy picture of their product and offer un-imaginable returns. Strict regulations are badly needed to remove bad players form crypto to build confidence of genuine investors for continuous progress of this industry. |
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