Proof of authentication: - Coinsbit registration Email: mesem246@gmail.com- Telegram Username: @Semar25 - Campaigns applied for: Twitter, Facebook, Telegram
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In my opinion, investment will always be at risk, the higher we expect profit, the higher the risk, even many investments are scams because we too easily believe promises and massive marketing, but as humans who are familiar with many types of investment, of course we must avoid risky types of scam investment.
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Bitcoin to 1 Million is it really possible?
1 million what? Stones? USD? EUR? The value will always be dependent to it's correlation of another asset be it fiat or metal such as Gold. But the sky is the limit. There is a possibility that it can surpass 1M usd but it is also one in a million probability. Objectively speaking, 1M of value would be an overprice. No one will be willing to do such a transaction of person to person unless the supply is very low. There's no wrong on that question. But having a more realistic insight will give you better information with dealing with future price action in crypto. The impact that will occur if the price of $ 1 million will of course be large, our hope is that we can see the price of $ 1 million soon, if this happens it will make many countries immediately legalize bitcoin, I'm sure if $ 1 million is reached then transactions between countries will use bitcoin.
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After the price can return to $ 30k I'm optimistic that July can reach at least $ 35k, the upward trend will continue due to positive sentiment in the market, the initial panic when the issue of Binance experiencing a crisis was not proven so that investors were even more optimistic to continue buying.
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After almost 3 months now the price can return to the level of $ 30k, of course this is a positive indication that the market is soon rising, many investors are afraid that the market will collapse because the issue of Binance which is experiencing a crisis is not proven, all withdrawal transactions are still in the normal process, some even once withdrew around 15 btc or $450k from the Binance wallet.
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The best strategy to get big profits is to buy cheap and sell high, now we are in the first phase that is the best time to buy, I'm sure in 2023 the market is immediately rising so that we can get profit and of course long -term hold is better.
Basically, buying low and selling high is a good strategy to make a profit. But if you say that in 2023 the market will go up immediately, that's just a prediction that isn't necessarily accurate. So far, no experts have been able to accurately predict the future of cryptocurrencies. The increase and decrease in crypto prices is very much influenced by many things so we cannot be careless to enter the market, sometimes when we believe the price has fallen but suddenly when we buy the price falls even more and in the end we cannot avoid losses, that's why the analysis in trading is really needed in terms of trading even though basically trading is just buying cheap and selling high so far, before trading and entering the market it's good for us to analyze the market well so that at least we can get profits and minimize losses in trading. Correct. I agree with you that it is very important to be able to analyze the market well before deciding to buy any coin. Even though it is not easy to be able to analyze the market accurately, especially since the price of cryptocurrencies is very volatile. But at least if we can analyze the market a little, then we can minimize potential losses in trading cryptocurrencies. Analyzing a chart on cryptocurrencies before buying is important, because it will be a big loss if you can't analyze it properly, because in a bear market alrcoin prices will continue to fall and support will always be broken, some will even end up being a scam. Of course it is very necessary to analyze the market carefully so that we can minimize risk. Even though sometimes not everyone can do market analysis accurately, at least by understanding a little in analyzing the market, we can avoid the potential for huge losses. Market analysis is important so that we can determine profit targets, many people only buy because they follow the trend so when there is turmoil in the market it will be easy to panic, of course, after we analyze it, we must have the courage to take action and be prepared for risks.
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Good tactic if you want to invest safely and comfortable, because big marketcap is hard to dump without bad news and of course you can't expect up to 2x pump in the short term either, but if you want to have more profit then you have to be brave enough to invest in low cap projects .
Yes, that's right, the best tactic is to invest in types of crypto that already have a large market cap, as we know that the top 10 have a market cap of more than $ 6 billion, so that makes us optimistic that they will continue to grow, but I also like to invest in new projects because the profit potential can reach 10x even more in a year.
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There is no doubt that bitcoin will improve this year, the negative issue that worries me, namely Binance is experiencing a crisis, turns out to be unproven so the market responds positively, now is the time to keep buying so we can get big profits.
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I think now is a good time to buy, the current price is around $30k and the potential for an increase until the end of the year can easily occur, this is because the halving day will occur at the beginning of 2024 so there will be a surge in demand and it will be easy to get profits if we buy now.
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Many countries experience inflation because the amount of money is more or out of control while goods become scarce, as happened in a country that experienced uncontrolled inflation such as Zimbabwe where the price of basic necessities reached thousands of percent, this is because there is no supply of goods so even though we have a lot of money we cannot buy anything or the value of money is very low.
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Keeping money and bitcoin is of course a different thing, as we know that the best investment trend right now is cryptocurrencies and of course bitcoin is the first choice for most people, but we must always be vigilant when keeping bitcoin because the opportunity for price drops can happen at any time.
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A project that can last up to 1 year should be able to continue to grow, a good project certainly has a clear concept and roadmap, the owner must be able to ensure that the roadmap can go according to plan, most projects fail because they don't know the direction and goals so they fail.
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Landed property is a traditional type of investment that will never die, landed property will always be needed as long as there is life, it doesn't matter if we live in the suburbs because it will slowly get crowded and its value will continue to increase.
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