Anyways don't be surprised specially If some meme coins will do even after listed on exchangers 100x-1000x gains.
The reason for this is because these currencies reserve an amount of supply before listing, and with increased demand and limited supply, the price explodes after listing, but then a large amount of this supply is released for sale, and then the matter ends with a meme coin whose price rises to around $1, and then the price returns to 0.000001 . If the main developers do not believe in the project and sell as soon as it is listed, what makes you believe that it is a project worth investing in? We must also consider price manipulation here, especially whales and if they want to make more money, they can easily manipulate it and new people coming in will pay the price. As you can see, as meme coins become more hype, people are risking too much just like gambling. High risk high reward. There are already lot of memecoins being rugged everyday. |
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I have around 2.1k in btc rn and was wondering if I should sell it and invest in a couple of altcoin projects, would that be a good idea? I know Bitcoin will never ever do another 5x in the near future haha so that's kind of why I would wanna sell. The market cap of btc would have to reach a very high amount for it to be life-changing money to me.
Around pre bull run of 2017, this is my biggest mistake. Most of my funds are in Bitcoin, I was lured by these random altcoins and I loss most of them. I realized that if I just hold Bitcoin I will not lose too much. Now, I already know when to hold and when to sell or convert my Bitcoins, it's like already a lesson for me. |
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There are many memecoins what already exist in crypto market and new memecoins are keep launching in the market. Most of these are scam, yesterday i saw a coin that pumped 32000% and today it dumped from pick and lost 99% value. but some memecoins made people millionaires and Still available in market. I heard About Dogwifhat (WIF) what makes people millionaire who invested some dollars with it and available on binance. What do you think about rest of memecoin? Which one has possibility to perform best in 2024.
Doge, Shiba Inu, Pepe, Meme, Bonk, Floki, WIF, Grok, or any other name
For 2024, of course, the new ones, which are WIF, Meme, and for me even if it's already 2024, Dogecoin is still the king. Dogecoin will be here always, these new meme coins are just hype because they just want to make money, but if you really want to be safe, go for the OG which is Dogecoin. |
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Next month will be Bitcoin halving, how far can the price go down? or how high can the price go up?
 If we base on this chart, the lowest it will go is $12,000 until this cycle on the current Bitcoin block halving. But that number seems impossible now, we have less than a month left. What I am waiting for is the next giga pump at any moment, as you can see, we already creating support in $68,000 - $70,000. |
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I'm just glad that institutions already adapting these innovations in cryptocurrency!
It seems before we are just beta testers, now these big institutions already using it and we are glad.
After this, for sure other will follows, it will spread like virus.
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Even Ethereum which I was thinking that will hit $5,000 became a stagnant asset in one place. But why all those coins jus came down to this level from rising price to falling price. And the only coin that moving without obstruction is bitcoin. And all other coins just stopped. Solana and Ethereum that their network is congested too is not moving anymore again. Well probably they will have their time to rise up. And really it has been long I heard anything about Ada coin but because I was using Binance for transaction, I have been seen the value rate of BNB. But Dogecoin is on the coin surprising me. And for dot, link, and matric coins are new to me.
But the what Ethereum is still better because as of the last year, it was $2000 and in thus year he has hit $4k so so it is still better.
It is just a matter of time before we see these on altcoins. Most people waiting for the altcoin season. And once we experience this, for sure even shitcoins will fly, people who experienced previous altcoin seasons will agree on this and for sure they will able to take profits once this time will come  |
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(....)
Lastly, please my fellow beginners let's not be discouraged by the number of losses or failures we experience while trading because failure begets success, also we should focus more on hodling coins even when we trade because we cannot predict the price fluctuations of coins in the future.
It emphasizes several ideas that are widely applicable across various aspects of life as a trader. The reality of loss acknowledges a universal truth in trading. Learning from failure, each loss or misstep is framed as a chance to learn and adapt. Redefining failure, by viewing failure as stepping stone rather that a defeat. |
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(....)
Are there any loopholes in here? What do you guys think?
This makes sense, I saw also some traders who are looking at CME Bitcoin trading, but most of them use it as a second opinion, not a full decision here. Even a lot of indicators nowadays are not accurate or will not give you 100% guaranteed, that's why there's stop loss just in case. |
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I realised that small group of whales basicly own bitcoin market and do whatever they want with price. On which indicators I have to watch to follow them? volume only? some shapes on charts?
It's really difficult because if you say a group of whales, means they are multiple and for sure some of them have this special access to coordinate with each other if they want to make some manipulation. Some whales also are alone and depends on their size how they can affect the market. |
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I want gold but it seems that the qualities of gold that I've been looking forward before can be seen with BTC this time. And that's why if I am going to buy with some money, I'd do it with BTC instead of buying gold. Although gold has a significant long history of its valuation and it's still here up to this time, we're on the modern times where finances are changing together with assets and it seems that they're all combined with Bitcoin so for me, it's better to go with Bitcoin than gold at these times.
Whether Bitcoin has become more attractive than gold depends on individual investment goals, risk tolerance, and perspectives on future economic trends. Some investors may prefer the relative stability of gold, while others may be drawn to the potential for high returns from Bitcoin. |
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(...)
The price has not yet reached what is ideally the price I would want to
buy bitcoin in despite its recent decline and I am wondering if will
bitcoin still go down to at least $50k?
Seems $50,000 is already too much for me. $50,000-$60,000 is my buy zone, just in case we drop on these levels until Bitcoin block halving day (approximately 30 days from now) I will keep buying Bitcoin. That's my plan, I can use my reserved funs to buy Bitcoin instead of altcoins because I am expecting altseason. |
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(....)
With the realization of what appeared to be dream, it looks like some new projects could be the centre of attraction in this coming bullrun as investors are looking for ways to maximize profits by being among the early birds in a particular project hence the reason you need to have some USDT kept aside to take advantage of this evolving new projects. What are your thoughts about this? Let's discuss.
I agree with this, I always have reserved stablecoins. Some are also from other investments I already partially took profits from or already exited then converted to stablecoin and reserved for the next entry, it is just rotating my funds. But some of my stablecoins are already converted to fiat just for taking profits purpose. |
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(....)
Do you have some psychological intake or some personal opinion in related to my emotion?
For me, even before, I already thought that on every Bitcoin block halving, we do create a new all-time high, and the rally will always start before the day of the Bitcoin block halving - then we already experienced this, so for me, my target is already achieved. Next for me is price discovery, since we have a new all-time high, we don't know where will be the resistance of the current cycle, no limitation. This time is crucial, high risk high reward. |
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How many of These price tragets are realistically possible in 2025 ?  Bitcoin (BTC) : $150,000  Ethereum (ETH) : $12,000 It looks realistic but for me, I'm going with the more possible, which is Bitcoin and Ethereum. Ofcourse, Bitcoin will do it first then other will follow especially Ethereum. Look at what happened right now, Bitcoin then Ethereum. With the target of 2025, I can say everything is possible, still a lot of time. |
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Another quick piece of advice for some:
Dead is already dead.
We must not look forward anymore on the dead coins, we must learn to move on and cut the losses and try again because if you don't cut losses, you will lose the opportunity to make profits on other projects.
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Ethereum is still down -26% from its all-time high even though Bitcoin already recovered and already created a new all-time high.
Right now, this is the only reason why I am still not selling some of my Ethereum or taking profits because I do believe, we will reach an all-time high. So, the reward is still higher right now.
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Those are just some of my thoughts to start the thread. For those who own both gold and bitcoin what are your thoughts?
Pros of Gold: Stability and Tangible Asset Cons of Gold: Physical Storage and Lower Potential Returns Pros of Bitcoin: High Growth Potential and Ease of Transfer Cons of Bitcoin: Votality and regulatory risks Above are simplest the pros and cons of both gold and Bitcoin. |
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It hasn't gone into bull mode like BTC has, is there a reason?
What do you think about the future price of Polkadot?
With a lot of new competitors right now, I am not really hoping with Polkadot now. Before, I supported them especially when Gavid Wood was still on the project. The technology behind this project is superb, but the adaption seems low compared what we have right now that alternative to Ethereum which is layer-2 networks. |
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To those that invests on MemeCoins and the disreputable highily weaked volatility AltCoins, how do you treat with your conscience? How peacefully do you get your eyes closed when asleep knowing that they are short term investments that can earn you regreted if you don't sell at the right time which you were opportuned to make profit?
For me, if I will experience this, I will just take it as a lesson. So in the next cycle, I know what to do. I already have knowledge of these kinds of things so I will be more ready. Sometimes riding on a train even if it's already full is also a good choice. This is an example of what happened in meme coins where even some people are already saying it's already done, it's only hype. But if your goal is to make money, then there's nothing wrong. |
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Memecoins are altcoins too just they are clearly made for the purpose of profits and have no real world utility, they do so well cause of the hype and promotion around them taht most alts dont have, thats why so many scammers chsose to take their form to steal money cause hypes rules the meme world and the coins with teh most hyoe wins and majorly there is no way of identifying which is a good coin from all of them.
It is easy to come up with a memecoin. Anyone could just create one and give it the hype it deserved and boom they are fucking rich after a short time. I dont like memcoin because they lack utility just like what you have said. Any altcoin that do not have any usage in real world i avoid it and wont put my money into it. Whether gains or not i am not interested in memecoins. Unless i used money i would want to waste on drinks and parties to invest in memecoins if not that i dont think i would be willing to give someone my money. This is because in memecoins. 50% f investors lose and 50% gain. If you are unlucky you will be part of the half that gain from it but if you are unlucky you will see your money go within days. In short, GAMBLING. Of course, most people know how meme coin works and right now it is very hot because of the enormous returns but there are already a lot of people losing a lot of money because of it, high risk high reward. There's nothing wrong with buying meme coins, some are just using this to make money and that's all, and you are correct that it's no use in real world, people just want to make money. |
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