Yes. I believe that the Bitcoin price will rise again. Even though it is difficult to predict the price of bitcoin because there are many factors that influence it, if we look at the history of bitcoin price movements, I am sure and believe that the price of bitcoin will rise again from the bearish phase to the bullish phase.
Market roared again. In early March, the US report had a big effect on the crypto and it was even more bearish when Bitcoin started trading below around $20000 due to a rumor that America's second largest bank was about to go bankrupt, but the immediate positive results of the bank sent the market quickly bullish again. Situations like this usually happen in the crypto market, and instead of panicking, you have to set up yourself as a successful investor in the next bullish market. Yes. indeed it seems that the recent increase in the price of bitcoin indicates that the market will be bullish again. Since early March, the bitcoin price movement has continued to skyrocket where currently the bitcoin price is again trading around $ 28k. Therefore, I believe that later this year it looks like the bitcoin price will reach above $45k. March is a strong indication that in 2023 the market will rise, if you look at the trend that occurred in March then I'm sure the price of $ 30k will be reached, many analysts believe that if it returns to $ 30k then the price will continue to skyrocket and nothing can go down again , before that happens, from now on we have to buy, sell anything to invest in bitcoin. No analyst can accurately predict the future price of bitcoin. Indeed, if you look at the recent performance of the crypto market, it seems that the opportunity for the bitcoin price to reach $30k is imminent in the near future. But we shouldn't be careless in making buying decisions, especially if we have to sell any assets in order to invest in bitcoin. Therefore, do not risk your life savings to invest in any cryptocurrency.
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In my opinion, investing in an altcoin with a maximum unlimited supply such as POKT (Pocket Network) has certain risks that need to be considered carefully. Before investing, you should do in-depth research about the altcoin project you are interested in. You should consider aspects such as Coin supply, Usage, and adoption so you can decide whether the potential gains are worth the risks.
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I think investing in some of the top altcoins is great for making big profits. Especially in a bull run situation investing in more than one altcoin will be very good at getting profits. You have to be wise in choosing potential altcoins to invest in so you don't experience big losses.
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I think there is a chance for Bitcoin price to reach $100k in 2024, given its history of hitting ATH before. However, it is important to remember that the crypto market is highly volatile and can change quickly. Therefore, speculation regarding the price of Bitcoin reaching $100k in 2024 may vary depending on the individual's point of view, moreover, the price of the cryptocurrency is also influenced by various factors.
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I think Bitcoin will reach ATH again when the next halving happens. I am very optimistic that later when the bitcoin halving occurs, the price of bitcoin will again set a new ATH record. Moreover, Bitcoin has reached an all-time high price several times. In 2017, Bitcoin reached an ATH of around $20k, then experienced a significant decline in the following period. In 2021, Bitcoin reached a new ATH of around $64k before undergoing a correction.
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In my opinion, the next altcoin pump goes hand in hand with the bitcoin pump which will most likely occur during the next bitcoin halving. Therefore, my advice is that you better hold on to altcoins and wait for the next pump because now is not the right time to sell bitcoins or altcoins.
Bitcoin will pump again this year it doesn't have to wait for the halving that is when the real pump will start. Hopefully we will see an altcoin pump in the next few months or so. How can you predict if Bitcoin will pump again this year and rule out the halving? You need to know that when a halving occurs, the market performance will be better and even most of the altcoins will also experience big pumps. So, don't make assumptions without seeing and studying the track record of Bitcoin and altcoins.
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Indeed, everyone always wants to avoid fraudulent projects. However, avoiding fraudulent projects, especially new projects, is not easy. Moreover, day by day the fraudsters are increasingly sophisticated in presenting new projects to attract investors to invest so that their goal is to get money from investors. Therefore, before investing in a new project, we must be able to carry out an in-depth analysis and must be prepared for all risks.
Fraudsters/scammers become smarter or more sophisticated because people are aware of their actions. If they did the same ways, people will be easier to identify them. So, we shouldn't be so surprised if they improve their ways, too. However, scam/fraudulent projects must have suspicious parts, we just need to find out the parts by analyzing them deeply. If we can't find suspicious parts on a project, we can assume it is a real project. To analyze, we must evaluate the whole of a project. Check the WP, their social media, their official site, team members, and the legalization of the project itself. I agree with you that over time the scammers will get smarter by using all kinds of methods. Therefore, besides we have to analyze in-depth on a project we also have to have the courage to face the potential risks that can be experienced. In addition, never invest in a project just by looking at the benefits offered, you must be able to evaluate team members, white papers, and so on.
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I put a lot of trust in BNB and ETH. For me, ETH and BNB are good altcoins to make long-term investments. I looked at what happened to ftx and Luna it seems very unlikely it will happen to ETH and BNB. Therefore, it can be said that altcoins such as BNB and ETH are good choices for long-term investments.
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It is very difficult to accurately predict the future growth of ETH and BTC. However, although difficult, we can at least assume that the future growth of ETH and BTC will be even better. This is based on the history and adoption rate of ETH and BTC and also both Ethereum and Bitcoin have very strong fundamentals which are difficult for any coin to shake.
Perhaps, we don't need to predict it perfectly as it was unpredictable in the first place. But as we check on its history, it keeps on growing. Dumps are somewhat to happen and market crises come but despite these things, Bitcoin and ETH still gain trust and growing investors which makes it a way to recover even if it was slow. This is the reason why the community never gives up and is still optimistic about the future of these two coins as we believe that they will grow more and the adoption continues. I agree with you that even though they cannot be predicted accurately, bitcoin and Ethereum have gained great trust among investors so the future of the two coins will continue to develop in future, this is evidenced by the history of Bitcoin and ETH where both continue, develop and experience growth very rapidly from time to time.
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In my opinion, the next altcoin pump goes hand in hand with the bitcoin pump which will most likely occur during the next bitcoin halving. Therefore, my advice is that you better hold on to altcoins and wait for the next pump because now is not the right time to sell bitcoins or altcoins.
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This Topic Is Very Important Topic And Really Every People’s Need To Know How To Avoid Scam Project And First Of All Need Ti Finding How To Selected Which Projects Are Scam And Which One Real Project Just Need To Use Own Brain And Need To Check And Cross Check Agin.
Indeed, everyone always wants to avoid fraudulent projects. However, avoiding fraudulent projects, especially new projects, is not easy. Moreover, day by day the fraudsters are increasingly sophisticated in presenting new projects to attract investors to invest so that their goal is to get money from investors. Therefore, before investing in a new project, we must be able to carry out an in-depth analysis and must be prepared for all risks.
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In my opinion, if you have $40k you better invest in Bitcoin. With that much capital, you can get very big profits, it's even possible to generate 3x returns.
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I think it's very difficult for a Shiba coin to reach a price of $1. As we know, achieving a high price requires a large market capitalization and also requires a strong push to achieve this. Therefore, if you have enough money, it is better to invest in BNB or MATIC than investing in shiba inu. If you invest in shiba inu it will be very risky and difficult to get big profits both in the short and long term.
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In my opinion, if you have big money, you better invest in ETH, BSC, and MATIC. But you need to know that if you invest in coins only referring to the previous ATH, it is very unwise, especially Doge. As we know, the previous Dogecoin price increase was due to Elon Musk's post on Twitter, which seemed to be buying Dogecoin and was taken seriously by many people. Even now that Elon Musk doesn't care about Doge anymore, the price has plummeted causing a lot of people to lose who had bought before.
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Since then, the cost of ETH gas has been very expensive, so many people have switched to BSC or polygon. So far there is no way to reduce ETH gas costs from metamask because gas costs on metamask are automatic so they can change in an instant. Maybe one of the ways that you can transfer USDT with low gas costs, you can migrate to the BSC or polygon network.
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I think ETH is one of the altcoins that will be pumping in the summer. ETH is one of the altcoins that has strong fundamentals so the potential for price increases is very high. Especially if the bitcoin halving later comes, the potential for the ETH price to print new ATH is very possible.
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There are several reasons why people are interested in buying altcoins. One of them is because altcoins have the potential to provide enormous profits with small capital in a relatively short time. Therefore, many people are interested in investing in altcoins to earn huge profits.
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It's not easy to avoid scam projects, especially for those who are beginners. However, at least one of the steps to avoid fraudulent projects is by DYOR. You must have an understanding of a project. Therefore, always seek information before deciding to invest in a new project. In particular, you should know the team behind it, read the whitepapers, and see the project's activity. Thus we can evaluate whether a crypto project is safe or not.
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Basically, there are no special tips for trading cryptocurrencies. However, one of the things to watch out for in crypto trading is avoiding greed. Sometimes, market conditions are favorable to you, which makes it possible to win many trades. However, don't think it's time to make a lot of money and use all the capital for your next cryptocurrency business. The cryptocurrency market is the most dynamic market in the world which is changing every second. When you are on a long losing streak, stop and find out what caused the loss. Next, consider reinvesting trading funds to avoid blowing up your entire portfolio in an instant.
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