|
I born and lived for a long time in the rural which is full of social values, helping each other and mutual cooperation, after school and work I live in a city where everything must be valued in money, it is very difficult to find free things so that money in the city becomes king, I plan to go back to the village and immediately sell the house and assets so that I feel true happiness.
|
|
|
|
OP, trust me - bitcoin in the long run is still a lot better than any other physical asset investment. You need to look at history and steel yourself to believe that bitcoin can create much more history in the future.
I know OP needs motivation and the best advice, but I will disagree with your statement. Bitcoin is an investment that can offer high returns but is riskier than other physical asset investments. You cannot say that bitcoin is better than gold or real estate in terms of safety. Investing in bitcoin is that we need to take risks, which means we are willing to accept the loss of the money we use to invest. If OP is investing with money that can't be lost, then he should reconsider his investment. Those who are new to investing in bitcoin certainly need motivation to be patient, most people panic because they see a very volatile market situation, and the fact is that many newbies fail and choose to leave bitcoin because they are losing money, as long as we can provide motivation and convince them of course they will survive and one day the next day can get a big profit. |
|
|
|
|
Yesterday I was worried that the bad trend would continue and the price would drop below $20k again, and today the market is rising again so that makes us optimistic that 2023 is the start of a skyrocket, even I really believe in February the price can reach $30k or go up more of 30% compared to the end of January price.
|
|
|
|
|
It's a good idea if we can save about 60% of salary to invest bitcoin, I'm sure the trend of bitcoin will continue to improve so that one day it will be very valuable, the number of global users continues to increase so that the demand for bitcoin also increases, many countries have banned bitcoin but can't stop it bitcoin performance, it's time for us to dare to invest in bitcoin and 60% is an appropriate value.
|
|
|
|
|
The Russia vs Ukraine war has been going on for more than a year, for the countries that were directly involved, of course, the impact of the war was very much felt, I worked for a company that needed raw materials from Russia so that when there was a war it was difficult to get these raw materials, and once replaced them with imports from other countries but the quality is not as good as raw materials from Russia.
|
|
|
|
|
Slowly, bitcoin's power is getting bigger, bitcoin is getting bigger, with the current market cap reaching around $ 450 billion, of course, this is a very large value, naturally, if there are high price fluctuations, it will become trending on television and social media, but most who invest in bitcoin are anonymous so when inflation occurs so it doesn't have much impact on the economy directly.
|
|
|
|
If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?
If bitcoin is seen as an investment, then it's clear that spending it when the price is down is not the smartest way to go. When the price reaches its peak values again, or at least is close to the previous ATH, then in this case, you can spend some part of the bitcoin as a reward for a good result. When the price is down it is necessary to buy and not to sell. If we don't really need money then it's better to be patient, there is an opportunity to sell at a high price or profit, on spot exchanges we can set the price as we wish so we don't lose the moment to sell at a high price, but most people are impatient and panic when they see a decline so they lose and regret. |
|
|
|
|
today's lifestyle is increasingly consumptive so that it makes anyone want to follow trends that are currently popular, when income does not match expectations, the easiest thing is to get into debt, especially now that online debt offers with easy terms make many trapped in debt, it's natural that many say that taking loan is addicted.
|
|
|
|
|
I think renting money is a dangerous thing if we are not good at managing finances, nowadays people are too easy to spend money so expenses are greater than income, from now on we have to change our mindset to be more productive and not wasteful because it will make it difficult for us and get into debt.
|
|
|
|
|
The price at the end of december was around $16k and last january had touched $23700 so there was an increase of around 45%, you could say since bitcoin skyrocketed in 2013 then last january's increase was the highest, of course bitcoin is being reported more and more by the media and this keeps new users growing so I'm sure that in 2023 there will be new ATH again.
|
|
|
|
|
If the last price in 2022 was around $16 and the current price is around $23k then there has been an increase of more than s333, this makes us optimistic that bitcoin will rise or recover, even many analysts believe that by the end of 2023 the price can pass the ATH which This has happened before, our focus now is to continue buying, we can get 100% or more profits this year.
|
|
|
|
|
What's happening with bitcoin right now is certainly worth being grateful for, after we've been through bad conditions since ATH at the end of 2021, now bitcoin is showing signs of recovery, I'm sure it's February and throughout this year the trend will continue to improve so I will continue to buy before the price reaches new ATH, I will stop buying when the bitcoin price reaches $50k.
|
|
|
|
Simple thought: Anything that gives people another investment route will dilute the amount of money they have to invest in other things so yes, it would have reduced interest in stocks simply because if you have "X" to invest and want to buy certain things you have to work you which is more important. So, people will invest less in stocks since they are putting some of their money into BTC.
Moving on with that thought having people invest in other things will drop stock prices a bit so other investors will look elsewhere. Bringing more people into BTC.
-Dave
Indeed, for now bitcoin is booming and many people have invested in bitcoin, but that does not mean reducing people's interest in stocks, it is very true as you said, some people have invested in bitcoin and have put almost all of their money in bitcoin, so they no longer have enough money to invest in other stocks, maybe because of the problem of lack of funds, the stock investment has decreased, but for those who have more money, they will definitely invest in stocks, as long as there is a profit, the opportunity to invest in stocks will definitely never be they waste. Bitcoin is always interesting and worth following, the development of the number of users continues to increase significantly, this can be seen from the transaction volume of top exchanges such as coinbase, binance, or crypto.com which experience significant daily transaction volume, of course this is a strong indication that investing in bitcoin in the future is a very profitable thing. |
|
|
|
|
The economic problem that often occurs is inflation or rising commodity prices, and it is very difficult to make commodity prices fall due to many factors. Of course, the producers have done everything they can to keep their products from rising, but because the increase in production costs is unavoidable, it will automatically increase. make the price go up.
|
|
|
|
|
The unique fact today is that there are many millionaires from areas or places where the majority are poor, if we want business and quick profits then the best thing is to look for areas with a low economy, there are better opportunities than in cities that have to compete with old players and more known to the public, if we think positively then it is no longer wrong to start a business from a place or area with a low economy.
|
|
|
|
|
Of course this depends on us, if we want to see our money have a fixed value in a year then we have to choose money, many people prefer to save bitcoin in the hope of getting a profit from rising prices, this is natural because the growth in the number of bitcoin users is increasing rapidly, especially Currently, many countries have legalized bitcoin.
|
|
|
|
|
I think bitcoin is not a threat from digital dollars, many people think that bitcoin is a system that can threaten and damage finances like digital money, even though the two are different things and nothing to be afraid of, both can complement each other in many ways, for example if we want to send money to other countries then we need more bitcoins than digital dollars.
|
|
|
|
|
I'm sure that the current rising price is due to positive sentiment from the many companies that are serious about making bitcoin an asset or investment, moreover big campaigns from top exchanges like crypto.com, coinbase and so on so that new users continue to grow, besides that whales of course have interests to keep bitcoin able to continue to rise or recover in the current year.
|
|
|
|
|
The price is currently around $23k and it seems hard to see a drop touching $12k, even when the bad times happened at the end of 2022 many believed that the price would continue to drop below $15k, but that didn't happen, and now the market is looking good and FUDs are getting less and less as prices go up, investors have forgotten about the FTX tragedy and it's time to see prices skyrocket again.
|
|
|
|
|
Show Posts
