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Buy low and sell high. When it reaches 1,000 US dollars and the price continues to drop, the market may lose many people. They are in this market just to make money, to live. When the price continues to rise. There will be more and more people returning to this market again. People's original intention is still to make money. They will take their chances. People who have been in this market will not leave.
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Some people still think that Bitcoin is a "Ponzi scheme", and some people still think that Bitcoin is a good investment method. This is entirely because everyone's thinking and the things they come into contact with are different. Some people learn about Bitcoin through some media publicity, while others learn about Bitcoin through introductions from friends and family. What they know about Bitcoin is one-sided, and the real concept of Bitcoin still needs to be understood by everyone. Even if it is me, I will not say that I fully understand Bitcoin. Blockchain technology is great and we need to keep learning.
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Won't. Banks do not make any subjective assumptions, banks are not companies run by individuals. Even if Bitcoin is popular, they will function normally. Just what is the thinking of the state behind the bank we need to know. Some countries believe that Bitcoin has affected some of their own economies, and will try to prevent the development of Bitcoin, but the effect is not great.
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Hopefully, when I wake up, the price of Bitcoin will return to this time last year. Now Bitcoin is precipitation, and it has excluded many people.
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Anytime the price of an asset or commodity shoots straight up vertical producing 10x+ returns, it's a good time to sell.
Let this be a lesson to anyone new to crypto, not to get greedy.
Here's a look at the one-year chart. Buying Bitcoin now can the price rise tenfold by this time next year? When the unit of the chart is year, it can indeed be seen simply and clearly that there has been a substantial rise or fall. But the daily changes are small, and we may not be able to make the right choice. So making the right choice at the right time is extremely important.
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Musk is a businessman, and what businessmen value most is profit, and they will not do things without profit. He will not buy bitcointalk. Forum administrators won't let him buy it either.
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El Salvador is buying bitcoin every day right now, this is the post I just saw,. El Salvador has attached great importance to Bitcoin since it became a legal currency, although many places are not optimistic about Bitcoin and think El Salvador is stupid. But El Salvador's approach is enough to show people their persistence. Their current accumulation, when the bull market comes, it will be a big explosion. Looking forward to that day.
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It is correct to buy Bitcoin now, although it may be in a bear market for some time to come. As we enter the bull market, some people will regret not buying bitcoin now. This is a show of courage.
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You can invest as a side hustle outside of your day job, but it is not recommended to be a full-time job. Many traders are professional and they live investing every day. They have enough experience to make full-time investments. If you get fired from the company and you want to be a full-time trader, do you have enough money to invest? In addition to the investment money, you must have enough money for your daily life. To prevent accidents from happening, money is urgently needed.
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Is your friend also new to cryptocurrency? Investing in cryptocurrencies as a side business? Not recommended if you have no experience. Chances are that not only did you not make money, but you also lost your original money. Maybe you might be lucky enough to get a fund, but you won't be lucky all the time. It's the same thing as picking a lottery ticket.
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In a bear market, the enthusiasm of some people will be reduced, and a small number of people will be lost. But only ups and downs can attract people. Accumulate slowly in a bear market and start to break out in a bull market.
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Never show your friends how much money you have or tell them how much money you make. If they ask you which coin you like, you can say something and let him make his own decision to buy or sell, which is best for you.
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