If you know how to trade then I definitely think trading is a good option but if you are bad in trading and doesn't have enough technical skills to make profit through trading, then investing is a good option. What I actually did personally is I saved some Bitcoin as investment but some portion of my money is I trade it daily and in that way I have already an investment and trying to make profit to trading, but as of now the market is trying to break the ATH and unsuccessful so it's better to hold your money and liquidate it to USDT then buy later on once break or crash.
well, if we are bad at trading, the solution is investment. However, to this day, I still invest even when I'm not that bad at trading. I think that investment is savings whose value will increase continuously. Even though it doesn't always increase, by choosing the right investment, the potential will increase. However, currently trading looks very good because the rate of fluctuation of price corrections occurs so quickly. However, I chose to invest because I thought it was the best and safest way to build assets little by little. |
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actually, the right choice is to invest in bitcoin and ethereum. However, if you want to divide it into several more investment sections, then for altcoins, I think ETH, BNB, SOL, ADA, and AVAX are good enough to include in your portfolio.
Actually dividing investments into more investments with less investment value will only reduce profits, but this may be suitable for people who are afraid of investing in just one basket. Personally, I'm leaning more towards bitcoin and ethereum, and maybe additionally BNB. However, I think some people would like to keep adding to the portfolio that he has. Well, do it at your own risk.
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Based on the coins offered, I will choose SOL, XRP, ADA, LINK, and MATIC. However, I feel that it is a very good coin and has high upside potential in the future. Although coins like XRP have a slow rate of increase, I believe that XRP will have a high price. It would actually be better to include ETH and BNB in the portfolio, but since the OP didn't give that option, I think I'll just go with what he mentioned.
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There are so many new projects launching everyday and some of them can be good and some of them can be a scam as well. How can we identify it well? Perhaps we should have more discussion about it so we all can learn from everyone's experience.
Before you invest in any new project, you have to observe many things or factors and such as the popularity of the coin, the uses of the coin and the community support of the coin and if you investing in any coin without those factors then it becomes to the popular saying that "it is for the owner's risk". If you lost your funds in the process of investing in the altcoins then you don't have to blame anyone because you didn't make a concrete investigation before keying into the investment. Make more research before you start your investment in altcoins before you came out and cry. Yes, although research does not guarantee that the project is a legit project, it can reduce the possibility that the project we support is a scam. However, it is very difficult to identify early if the project really intends to deceive its investors. Because there are so many cases that a project will become a scam when the project has already released a product. However, with gradual research, you may be able to determine whether a project is good or not, or even a scam. Research is key. |
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Well, that's a common thing. When prices fall, people become nervous, and some sell the assets they own. Another case, people sell their assets, but after that the price goes up, and they regret selling. However, we must be wise in making decisions. When we have bought a coin, then we do not regret that decision. In fact, if necessary, he holds the coins until he makes a profit. However, if he does his research and ends up with a negative conclusion, then he will have to sell the assets he owns to stop further losses. Moreover, if he had sold at a profit, he needed to forget about it, even when the price rose after that. After all, that was his decision to make. I have experienced both of these things, and now I think that this is a normal thing that happens in the investment world.
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Not always investing in altcoins always brings quick profits. Personally, I have invested in ethereum and BNB, and it took quite a long time to be able to provide good profits.
However, depending on the type of altcoin we have, if we choose a meme coin, or an altcoin that is not popular, then it could be said that people are exploiting the altcoin for short-term profits. However, if it is a popular altcoin, it may be a long-term investment option. I chose to invest in altcoins because I felt the price was quite cheap, and the potential was also high. If I can make a profit in the short term, then that is a good profit. If not, then I will hold on to it long term.
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In my opinion, the coin you chose is quite good. However, personally, I would add a few thousand dollars to Bitcoin and EThereum, and I would add BNB to the portfolio. However, if totaled, the percentage for altcoins is more than bitcoin. If your goal is long term, it might be better if the total percentage is 50% in bitcoin, and the rest divided into altcoins. Plus, I feel that $26k is a lot of money, so I would invest more in coins that have big potential and little risk.
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If you can hold the investment till now from where you invested then I think you are in for a lot of profit. Crypto currency market is risky and you have to move forward by taking that risk. Always remember that you can only succeed if you take risk. Of course I believe in altcoin and hold altcoin but I always consider ethereum as an altcoin over bitcoin and thinking of moving forward with ethereum. Because I don't want to take too much risk and move forward with any coin.
Most people are impatient when the price of the coins they hold falls. However, with patience, they can enjoy profits from the assets they own. That's why people also always advise to hold, and suggest to invest in bitcoin or ethereum. Because many people believed that the price of these coins would be very high, and now it has been proven. If the OP still has bitcoin, then he has made a profit of approximately 100%. |
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Are investors investing in Bitcoin at ATH now are fools ? Is there chance of major correction from here as prices have already peaked now.
No one knows. If history is any guide and if you have patience then it is a fine time to buy, particularly with the halving coming up in a few weeks. The time to buy is when you can because you never know when you will need bitcoin. It depends on your purpose. If you are buying bitcoin because you firmly believe that history will repeat itself and will reach a new all time high soon, then buying bitcoin at its high price is never a foolishness. However, if you are buying bitcoin because of hype and FOMO, yet you never made a research prior to investing, then you are being a fool in there. No matter how profitable the investment is, as long as you’re incapable to make it work and succeed, then you are not thinking smartly, but acting like a stupid investor. yeah, this is not wrong. When bitcoin is in the spotlight like it is today, many ordinary people rush and buy bitcoin using their main money. They buy just because it's hype without knowing what and how bitcoin itself is. This happened in my environment. Quite a lot of ordinary people ask about the price of bitcoin and want to buy it. However, for those who are ready for the risk and believe that Bitcoin price can reach a new higher ATH, I think they are taking that decision based on their own research and analysis. Because if you look at history, the price of bitcoin could rise even higher after the halving occurs. |
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The price of bitcoin has crossed its ATH a few days ago, and is currently experiencing a decline. Currently, reaching $70k is very possible. I also think that price will be reached in the near future. It just takes a little more encouragement to reach that price, and it will be very easy to achieve. However, it is quite risky to buy bitcoin at the current price, but its potential to reach a new ATH is huge. I'm pretty sure nowadays many people are taking that risk. In fact, the potential price of bitcoin is higher than $70k.
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that's right, we don't know what will happen the next day, whether we will get sick or be fired from work, no one can predict what will happen tomorrow. and before that happens it is important for us to be able to have savings which can later be used for emergencies and prevent us from getting into trouble.
even though it is currently quite difficult to save, cutting unnecessary expenses and preventing spending on expensive items, someone should be able to save and it should not be difficult to do.
Well, saving does have many benefits. That's why so many people recommend saving when you're young. However, actually, apart from saving, it would be great if we saved and invested at the same time. However, when we are old, or when we are sick or unable to work, by having business investments, or similar, our income will still continue. Because that is the benefit that is really desired from investment. Therefore, sometimes people put more money into investments than they save. Because with investment, the value of the assets we own can increase over time, while savings will be affected by inflation. |
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So far, I've only ever bought and been interested in Dogecoin and Shiba. I think that these two coins are the most popular memecoins, and it might be difficult for them to be scams. However, a lot of people benefited from dogecoin and Shiba when Elon Musk hyped these coins. If I want to buy Dogecoin, then I think about buying one or both.
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I will not really advise anybody to buy, though this is not actually the best time to buy. At least you buy already in 2022 before we even get close to this bullish market but nevertheless, if you already have all you don’t have any bitcoin at all, you shouldn’t buy at least at this time before it goes more than this, Bitcoin is target, 80k to 100k if you want to buy better you buy at this point so that if some more increase is done You get more profit.
But next time you have to know on time when do bullish markets we start so you could buy bitcoin and get ready because everyone that boats Bitcoin adapting they are all happy and enjoying now, because the right time you would have buy is when this Bull run is over.
So take note of this so you will not make any mistake of not buying before the bull fun
Actually, I feel that the current price increase is because the halving will happen soon, because of that Bitcoin is approaching or passing its ATH, and now the price has fallen back to the $63k range. However, the potential for a new ATH to be achieved is still very large. I'm pretty sure the bitcoin price increase will occur after another halving, maybe at the end of 2024 or 2025. If not now, maybe the price will be higher in the future. |
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If the choice is to spend money on nothing and save, then saving is much better than that. However, saving money has very positive things in the future. This can encourage someone to invest, or own real estate in the future. Saving little by little is the best thing if we don't have much income. However, if we have quite a lot of income, it would be better if we save and invest simultaneously. After all, investing is better than saving. Because with investment, our income has the potential to increase. This can encourage someone to have more savings
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Well, Bitcoin and Ethereum are indeed the most appropriate choices for the long term. If we want to invest in altcoins, we need in-depth research and analysis on a regular basis. Because the reason is that there are so many altcoins that are only developing at the beginning, or have lost the competition. Not all altcoins can be scams, because there are several altcoins that are also worth considering now.
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The potential for correction does exist, but we cannot say that people who invest in Bitcoin during the ATH are fools because there is a possibility that the Bitcoin price will continue to rise, especially since the halving has not yet occurred. If the price of bitcoin reaches $100k, then that will make them lucky investors. However, if a correction occurs, they just need to wait until the bitcoin price reaches its new ATH again. However, many people are optimistic that bitcoin could have a very high price this year
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BTC can't do 100x or 1000x anymore. ALT can. But which one?  actually, the system is not like that. maybe bitcoin can make big profits, but based on my experience, it takes a little longer. Why do altcoins still exist today, because altcoins also have the potential to make big profits, and the price is cheaper. Altcoins are very suitable for people who have small capital and want to make short-term profits. I think each coin or token will have its own advantages, only the best is bitcoin. |
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I use both, but I use CEX more often. Even though sometimes KYC is one of the things I most avoid, doing it on a popular CEX doesn't seem to be a problem, because like it or not, we have to do verification. For now I think CEX is still superior to DEX, but we don't know what will happen in the future, maybe DEX can be better than CEX.
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LOL what a joke.  You, created this thread to know other people opinions whether the new Bitcoin ATH will happens in this year or not, but you're actually want to buy shitcoins instead of Bitcoin! then what's the point to ask a question about Bitcoin. Even though Bitcoin can cause a big effect to shitcoins, but it's not always when Bitcoin price rise, shitcoins will follow it. LOL, he probably felt that the altcoin he owned would have a high price when the price of bitcoin had reached its ATH, so he asked that. However, currently the price of bitcoin has almost reached its ATH, and reaching a new ATH may even be much higher before the year ends. Yes, I hope the altcoin he owns can have a high price because currently the price of altcoins has also started to rise slowly. |
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To be honest, I'm not good at trading, therefore I tend to choose investment rather than trading. In the crypto world, trading and investing almost have the same system. What may differ is the time period. Until now, I prefer to collect crypto that has great potential, and aim to collect until I feel it has a lot. When the price has reached my target price, then I will sell some or all of it. Then look for new investments such as real estate or gold.
Until now I am still trying to collect the crypto assets that I have, whether it is from the profits I get or from the income I get from my job. However, I feel that now is a good time to invest some money in crypto assets.
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