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361  Economy / Speculation / Re: Is doubling your investment more probable than we think? on: October 18, 2023, 03:56:42 PM
Whether it is doubling your investment as you say, or expecting a greater pump in price, they are all speculations or predictions; and it doesn't really matter what mr A predicts or what mr X is expecting, because we cannot know what will happen and we can only wait.

What matters is that you are not buying more than you can afford to lose, and that your prediction and expectation isn't affecting your decision making in real life, if you are not doing any of these, then we can make predictions as we like and people should understand that those predictions do not influence what will eventually happen as most of them are just pulled out of a hat.

True, Normally Everyone wants profits but is not ready to lose money and I think it is also a great way to test one's trading ideas and market perspective if one has too high expectations in the world of trading.

The trend every 4 years is unique because price increases can reach 200% or more, especially since early 2024 there will be a halving which will make mining supply increasingly difficult and the easiest thing to usually do is buy more before the busy season occurs, and buy more when Cheap prices like now are certainly the best decision.

Usually when the hype goes down, prices tend to stabilize. As you explained, similar trading situations repeat themselves over time and it is also relevant if we relate them to past data and what generally happens, whatever the conditions. In fact, trend traders enter as early as possible and exit before the trend reverses.
362  Economy / Speculation / Re: How did you see BTC in future? on: October 18, 2023, 03:45:56 PM
However, I understand that new investors can panic or feel sad when they see bad market conditions because they might lack knowledge and experience about the market, but experienced and seasoned investors shouldn't have any problems since they already know how the market actually works.

There is always a new story after yesterday's incident where it was rumored that the Securities and Exchange Commission (SEC) approved BlackRock's spot exchange-traded fund (ETF).. A major step has yet to occur.
363  Economy / Speculation / Re: Bitcoin price guess, 2023 on: October 18, 2023, 03:05:22 PM
Now the price of Bitcoin has dropped back to $26K and I actually don't expect that to continue for long in Bitcoin either. Because I also really want to see Bitcoin get back to $30K before the end of this year, because the slow increase in Bitcoin prices in the last few months has made me not set too high expectations for Bitcoin prices for this year even though I still hope that Bitcoin could exceed $30K by the end of this year, despite the halving which could also be an influence for a price increase in the following year.

It would be very discouraging to some per say because the speed at which the price of Bitcoin was going at the beginning of this month it seems like before next week the price would have gotten to $29k but seeing it at $26k today is just not going to give many the impression that it will even get to $28k.
Is really disturbing and I still think some expectations of the coming halving will be higher because some see the fall of BTC price as a chance to create the unexpected price, as in seeing Bitcoin price getting to $60k+ next year.

The market is still fluctuating and speculative and can easily change in an instant at this time. Yes. Later we will also be able to see the difference between consistent and inconsistent traders at the end of December this year regardless of the factors that support the Bitcoin price increase later and it looks like the progress is around 87% towards halving from now on.
364  Economy / Speculation / Re: Is the selling pressure in the ATH level can be a problem to reach $100k? on: October 18, 2023, 02:44:48 PM

Do you think it is possible that the price of Bitcoin will reach $100k immediately after the halving?

Yes, very possible. Many of the old investors are still willing to invest more, and more investors to come which will result in a strong demand to overcome the selling pressure at the ATH level.

It seems that the reason is very reasonable. If demand continues to increase, while supply decreases (due to halving), then there is a big opportunity for BTC to rise. But, after yesterday's news, BTC prices corrected again after strengthening temporarily.

It's true, it can create strong demand pressure, especially if old investors re-enter the market, at least it will be an attraction in itself so that the sentiment is positive so that many new investors will come.
365  Economy / Speculation / Re: Bitcoin ETF Approval: Fueling Bullish Momentum? on: October 18, 2023, 02:23:46 PM
Something like this came up somewhere. A nice drop indeed and around 65 million in BTC liquidated... Some more weak hands are gone from the market. Evolution theory doing what it is supposed to do. Keep it going.
Nevertheless, an impressive move of price.



If we see market conditions and focus on the trading aspect and price movements it seems that the upward trend is approaching its peak point, the potential for a downward reversal is underway even though several attempts have been made to push the Bitcoin price up to continue the upward trend, but they have failed because there is quite strong selling pressure there. If the selling pressure continues and breaks the resistance at $28,200 then the price will fall to $27,500.
366  Economy / Economics / Re: SEC approves BlackRock's spot bitcoin ETF on: October 16, 2023, 03:38:35 PM
The news pushed Bitcoin to $ 30k quickly, but now back to the previous price.
I don't know for sure about what happened, many rumors say that ETF Bitcoin Ishares was received by SEC ... But it was still rumors, I was also looking for the original but very difficult source ...

Strangely, there are also many who say that this is fake, but Bitcoin jumped quite crazy a few minutes ago, is there a person's game here to sink the big whale who installed the short? My head was quite sick to digest what happened just.

I have not found the original certainty based on data and news, this makes me confused. Huh

One possibility is that as a result of this news, it could be a complete loss of investment funds and it is better for users not to base their hopes and speculation on the future and assess the market with objectivity.

Looks like yes. But, Normally When Bitcoin price reaches a possible reversal level, swing traders will bet on a price reversal, especially if the indicator confirms a possible change in direction.
367  Economy / Speculation / Re: Bitcoin ETF Approval: Fueling Bullish Momentum? on: October 16, 2023, 03:00:24 PM
With the rumoured SEC's approval of a Bitcoin spot ETF, we've witnessed a bullish surge in its price, surpassing the 30k range before pulling back to consolidate for another potential run.

Considering this, is it safe to say that we're experiencing a historically bullish October? Additionally, which alts are you considering accumulating before the year's end? Let's dive into the world of alts together.☺️

It was fake news, and the cointelegraph deleted it, it was just someone's manipulation, and many long/short orders were liquidated. Be careful with all this news instead of getting excited, I think the market will have a stronger correction after this news is confirmed to be fake.

Besides bitcoin, I think this is not the right time to invest or accumulate altcoins. If you pay attention, many altcoins are showing signs of creating new bottoms instead of starting to recover. From what I see, when bitcoin increases, altcoins do not increase, but when bitcoin decreases slightly, altcoins decrease a lot. Therefore, investing in altcoins at this time is not wise.

It is true, several well-known online media do not contain credible sources in this matter, but it seems that BlackRock also confirmed it is a false statement.



As you said, at least an initial picture can be seen of how the market will react if the SEC approves the BlackRock spot bitcoin ETF.
368  Economy / Speculation / Re: BTC Sentiment Poll for October on: October 16, 2023, 06:16:57 AM
I did a $25K breakdown vote. I chose this based on recent events that have occurred in the world. FTX case, War, Energy and food crisis in several European countries. Plus BTC is still not able to penetrate the 30K area. Meanwhile, because the situation in several countries was still heating up due to war, many countries and banks began to invest their funds in gold. Gold is still the favorite and could possibly disrupt BTC/Crypto's cap. Coupled with oil which might be monopolized by oil producing countries due to the war needs of their trading alliance countries, there could be more money flowing there than to BTC. This is just my bad opinion, but I still believe there will be a massive price increase soon before the halving and after the halving.

It is true, the global economic situation has been affected by issues of war, energy and food crises in several places and especially skyrocketing oil and gold prices amidst the ongoing conflict in the Middle East. but in my opinion it doesn't really matter if BTC wants to rise, in fact some time ago Bitcoin skyrocketed past the USD 31,000 mark even though in the near future it only fell a few percent from its current lows and now BTC is starting to slowly rise at a price of $27,940
369  Bitcoin / Bitcoin Discussion / Re: Bitcoin Vs Gold, land which better? on: October 15, 2023, 04:43:30 PM
OP, what @Marvell1 said is true and needed anytime, anywhere and it will be strong evidence and a powerful weapon to get nod from anyone. Regarding what you asked above, I think everyone likes the three of them and especially BTC where Bitcoin continues to grow in terms of adoption, becoming more real and stronger from day to day, even though the volatility is quite good, it will continue to decline in recent times.
370  Other / Beginners & Help / Re: [Merit] Share your best posts/threads with Fillippone to be merit assessed on: October 15, 2023, 04:26:15 PM
Round: 1

Re: How do you deal with financial stress?
Category: Opinion
Section: Economics

Re: How to reduce the price of goods
Category: Opinion
Section: Economics

Re: Buy the DIP, and HODL!
Category: Opinion & Answer
Section: Economics Speculation

Re: Dangers of trading
Category: Opinion
Section: Beginners & Help

Re: Bitcoin always fight back
Category: Opinion
Section: Bitcoin Discussion

371  Economy / Speculation / Re: Will BTC go above $30,000? on: October 15, 2023, 04:05:10 PM
If we look at this year's price chart then the highest price of bitcoin was only around $31k, and I still remember it lasted less than 24 hours and the market fell again, and now the price around $26k and I see like a puzzle that was difficult to solve so we had to be patient to see price increase this year.

Yes. The market is not always predictable as the BTC Price is constantly fluctuating, the best trade is one that is ahead of market expectations. I think it's not a mystery because it is still trading sideways but what is needed is to maintain psychology and continue to monitor the current market and I am sure that the end of the year the price will be more encouraging and many are predicting it will reach $50K.

The potential for Bitcoin prices to return to $30K again this year is still very possible even though the increase still tends to be slow, but I think it will not be so difficult for Bitcoin to return to that price as long as Bitcoin continues to have fairly good support in the final quarter of this year. So you don't need to worry about the increase in Bitcoin prices, because if you don't see a sharp increase this year, maybe you can see it next year at a better moment.

Everything requires a process and there will be many eyes watching and monitoring prices, especially at the end and beginning of 2024, both professional traders and beginners too.
372  Bitcoin / Bitcoin Discussion / Re: Bitcoin always fight back on: October 11, 2023, 04:33:48 PM
Bitcoin is robust because of its decentralized structure and blockchain technology, which is why many people, including the government, cherish it.

Excited about the next bull run... Yeah, I've heard that song and dance. Market volatility is appealing. But expecting a future spike since it happened before? Thats like waiting for lightning to strike twice in the same area, right? Even if the past was oh-so-gloriously volatile, remember that past performance isnt a predictor of future results.

Another thing is that BTC is very tempting to book profits and cash them out, considering that Bitcoin prices strengthened last year.

Yes, this may sound classic because previously investors have used precious metals as a way to diversify away from government-backed currencies, which is why investors are now starting to like Bitcoin.
373  Other / Beginners & Help / Re: Dangers of trading on: October 11, 2023, 04:21:05 PM
Now, many features are present in the world of trading and some features will also help improve a person's trading experience to invest and pursue profits from crypto trading. But, if there is no one to guide it, I think the result will be zero, in fact the result is always negative, where the estimated asset figure decreases every day.
374  Economy / Speculation / Re: Buy the DIP, and HODL! on: October 11, 2023, 04:05:11 PM
Beginner and pleb like me, I think buying the dip is not the best strategy for me to use in accumulating Bitcoin because I can't time the perfect dip, the dip might last for years, and if I buy the dip it might keep dipping.

I chose the DCA strategy in accumulating my Bitcoin. By using the DCA strategy I can take advantage of market fluctuations by lowering their average cost per asset without risking too much capital at any point in time.

Interestingly, those who are always victims of trafficking and experience losses when investing in BTC are always Guest Stars (Beginners) and I think it is natural that many people don't really understand this, meaning they are still doubtful and groping in choosing the method to use. considered appropriate and worthy, well on the other hand there are still doubts in their minds whether they are sure or not whether BTC still has the potential to bounce back in the future, but I'm sure if one of them visits and reads this hot discussion I'm sure the tips and tricks can be easily used and the task is quite easy, just read, understand and follow because it has been explained at length (DCA Method).
375  Economy / Economics / Re: How do you manage your finances and family if your income is low range? on: October 11, 2023, 03:47:03 PM
I know that everyone has different ways of managing their living needs according to their income. About me, of course I just try my best and try my best not to disturb each other.

So far I have 3 parts that I have to fulfill from my total monthly income. The first 40% is for living expenses and family needs, the second 30% is for investments, while the other 30% is for the reserve budget including unexpected costs and charity. Of course this is a percentage that I can't always maintain consistently, but it is a reflection of how I have managed my finances over the years. It doesn't matter if you and I have different ways, but as long as it's good for ourselves then I don't find a problem in how to manage it.

I personally find the figures you give quite interesting and my assumption is that if you have a family, 40% feels right for a small family, but the figures above, if there are 6 members in the mass family, there must be additional subsidies because the price of primary needs is currently at the cost of everyone.

That's right, variations definitely exist and I myself usually plot 80% of my salary at home, 15% for my operations and sometimes I also slot savings funds and set aside 5% of my income per month for social activities in community life, especially since it is part of our extended family, for example visiting someone who is sick or going to an invitation to a family party.

Even myself I will open up about this because they can still support and help me in this kind of situation and then after that find another source of income for fixing that problem.

If you are open to each other and understand each other's financial conditions, especially your wife, this is the most effective medicine in maintaining family integrity as well as encouragement to seek additional income.
376  Economy / Economics / Re: How do you manage your finances and family if your income is low range? on: October 10, 2023, 04:07:29 PM
The solution is cutting down your expenses, getting another job or source of income is a different topic and we are talking about how one can manage their finances if they have a low range income, so though it's true that one should try and get another source of income on the side to make things easier but what if one isn't able to do that? They will also need to manage somehow, right? I believe spending money more carefully should do the job and make one able to manage things even with a low-range income.

I've been through it. I had a high-paying remote job that used to pay me more than what I needed for my monthly expenses, I was able to save some money and buy everything we needed for the house, and then unfortunately, I lost that job, and then I struggled for about a year, having to manage with a low-income job which was obviously difficult but it thought me how one can manage with the little they have.

That's right, and I think it's our job to take it easy, whether we can afford it or not, circumstances will tell us.

Maybe, something similar has also been felt, not only by you, but certainly by other people. This is indeed undesirable and there are many important reasons why things change and it is definitely not our will.

This will be a challenge in itself because if you are able to manage it well and survive with limited financial conditions where all daily primary and secondary needs are increasing at this time.
377  Economy / Economics / Re: It doesn't increase purchasing power on: October 10, 2023, 03:51:22 PM
Meme coins may have been produced in larger quantities but meme coins as well as cryptocurrencies cannot beat the dollar when it comes to stability, trust, and value. Now look at the gold supply theory and the petrodollar theory which you have called for to be eliminated. Do you think our fiat currencies would be enjoying its stability if we didn't have these? It was the only option before crypto and even though it needs to be upgraded in my opinion to fit our current world, I don't think it should be eliminated.

The concept of a decentralized and fixed supply, such in the case of Bitcoin, tries to alleviate difficulties such as inflation and loss of buying value. The concept of decreasing the need for loans and interest payments while also holding banks more responsible to governments is undoubtedly intriguing. The emergence of cryptocurrency has compelled us to reconsider existing banking structures.

Yes. Currently there are billions of people who can access the internet, but not everyone has access to a bank or money exchange system, but with digital keys, access to our own currency becomes very easy so that over time our dependence on banks will decrease.

The market continues to run, the use of cryptocurrency cannot be frozen or restricted by any entity and Blockchain makes it difficult to be cheated, it's just that currently the price drama is too much if we pay attention.
378  Economy / Economics / Re: How to reduce the price of goods on: October 03, 2023, 06:20:20 AM
The government could consider breaking up monopolies in the sector. The government could take steps to increase competition in the food distribution sector. This could be done by reducing barriers to entry for new businesses and by encouraging foreign competition but it might also lead to job losses if companies cut costs by reducing their workforce.

The government could also provide financial assistance to farmers and food producers to help them reduce their costs. This could include subsidies for inputs such as fertilizer and seed, as well as investments in infrastructure storage facilities, irrigation systems, and transportation to reduce the cost of moving goods from production centers to consumers.

However, government should support farmers with the necessary and basic equipment, the government have a big role to play.
Organizing entrepreneurship programms, teaching people on how to start little business, organizing serminer programs for farmers on how to take care of their crops such as plantain farm, yam farming and how to rear chickens, fish, because I believe agricultural can play a viltal role in stopping inflation

I think what you said above is also true, where farmers or those who work in other sectors also really hope for an active role from the government in providing financial support in the form of subsidies and equipment assistance to encourage their businesses and efforts so that they do not decline. works in place and is sustainable in the long term.

Monopoly activities are indeed illegal and unhealthy, but there are also negative impacts that are also felt indirectly, namely the potential loss of jobs in the process, which is exactly the same as what @Text means if I look at it from that point of view.
379  Economy / Economics / Re: How do you deal with financial stress? on: October 03, 2023, 05:55:30 AM
I don't think if anyone have invested any of the investments exclusive of bitcoin that has made a remarkable profit, it has been loses from different angles, we need more good investment securities because these ones are not making sense again.
Actually, many have been mentioned on this thread like the following;

  • Real estate
  • Business

And it's not just about having those investments or assets. You can also have employment that's good paying or if not, as long as it brings food to your family's table. That's what matters on these days when everyone is struggling and having a hard time beating up the inflation and are just in the recovery period of their life statuses.

Well, I think financial security is also very necessary in investing, especially in the world of digital currencies, for example BTC, along with various other aspects of financial planning, as @Antotena said, because we are also just ordinary people who do not have the power to see the future.

What you are saying is that fulfillment is the main thing and it is natural for you to say that because what must come first is fulfilling the minimum basic needs in the family, food must be prioritized regardless of whatever conditions are occurring. We can still endure hunger for 1 day without food and only consume water, but our children may not be able to.
380  Alternate cryptocurrencies / Altcoin Discussion / Re: How to Generate Profit in this bear time? on: October 25, 2022, 11:04:23 PM
In many days i see in my port filo 5$ up and 5$ down , what is the best strategy to increase profit?

Well if you want to increase your portfolio you can earn from passive income tho in this bear market, staking can give us a decent return in this market if you're afraid to invest or even do some trading. Don't ever FOMO just because your friend told you to invest there but do some research and find what the best strategy that suits you.
cosmos ecosystem give us airdrop for its staking . Atom juno scrr be most coin that often receive airdrop by staking them. Maybe in near future while crypto market recover again ,it will give us huge money. In several months ago before market dumped , staking cosmos coins was profitable.
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