hello guys, what do you think about Marius Kramer forecast for BTC price $125K until June 2021? He says it is repeating the exact same patterns as in 2017 which means price jump from late March to June up to 125000.
There is no problem with that because every person can make their prediction about bitcoin price in the next month or this year. You can share your prediction on your social media account and tell your follower how higher or lower the bitcoin price will be this year or in the next few months. But to reach $125k in June 2021 will still mysterious to us since no sign shows us what will happen to bitcoin in the next 3 months. We can better prepare by having many bitcoins from now on, so when the price can increase so high in any high price, we are ready to make a profit, and we can sell it at the current high price.
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Bitcoin price already touches $60k. But it will not stop at that price because the price can increase more than now. Maybe the next target price will be at $65k and then $70k. But we do not know if the price can still reach that price or not, but hopefully, $75k-$80k will be possible to reach this year. But after it reaches $61k, I wonder how deep the price will get down because I think the correction will come after this. I only hope the price will not go down below $55k.
It's not going up as what we are expecting, it looks like it's staying at $60k level, it suppose to breakout as it already reach a new ATH. I have a feeling that this pump might not continue and bitcoin will drop back below $60k, I hope my instinct is wrong. I guess so because the price stops increases and stays at $60k. Maybe we need to wait for more to see the price will start another rally to the next high price. But once again, we do not know what will happen to the bitcoin price next month. And if the price is down after reaching and breaking the highest price or the new ATH this time, we really need to be careful and prepare our money to buy back bitcoin because I think that can drop significantly. But I hope it will not like that.
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Using a demo account will help you understand how trading works while searching for more lessons to be applied to demo trading. When you can understand the lesson and are confident with your skills, you can start trading in real exchange with real funds. You can start to buy bitcoin and send it into your account to start trading. If you still learning from the demo account, you will have a chance to control your emotion because losing your emotion will make you panic.
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Bitcoin price already touches $60k. But it will not stop at that price because the price can increase more than now. Maybe the next target price will be at $65k and then $70k. But we do not know if the price can still reach that price or not, but hopefully, $75k-$80k will be possible to reach this year. But after it reaches $61k, I wonder how deep the price will get down because I think the correction will come after this. I only hope the price will not go down below $55k.
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We are lucky to have a crypto gambling site because it can help us play gambling without the government knows what we did with our funds. We still pay the taxes as usual and are not changing, and we can still play gambling using crypto.
It could be can tracking by the government if the gambling site required the user for KYC, they had regulation to ask a provider if find suspicious activity. If using an anonymous wallet and mixer government will be hard to track where the funds come or if want to transfer crypto do not directly from the exchange to the gambling wallet. As crypto users, we choose to use crypto or fiat to gamble, but most of us will still use crypto to gamble because that can make us hide our financial activity in the gambling games. We have many gambling sites that do not require us to fill KYC, which will help us play gambling safety without the government can track us. We can also use an anonymous wallet and mixes, as you said, to prevent the tracking. If somehow we win, we can send the win money to our wallets without anyone knows, and we can only withdraw small money for our daily needs.
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In Bittrex, the new ATH is at $60k. Even though the price now struggles to be at $59k, I am sure the price will be back to up to $60k and even break the new ATH in the next moment. And now, it is back to $60k. But when will that happen? No one knows. So if you think that your target price is at more than $60k but less than $65k, you can try to place your target sell and wait for a while. But if you think that bitcoin price will still increase to $100k or even more, you can hold for more and not panic if the price drops suddenly. This moment is a happy moment for us because, finally, bitcoin prices can increase again, but be careful. We never know what will happen after this rally, so prepare for anything that can happen.
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People do not need to have a long-term coin besides bitcoin for the investment because it will give them the biggest profit than the other altcoins or tokens. But they can try to invest in the other project besides bitcoin to make more profit as we know that these situations will be good for them to have the other investment. I am not sure if a coin will increase by 10,000% in the next couple of years because that will rise higher than the bitcoin price. That is why I am not sure if a coin can do that since bitcoin is the first coin that will potentially make a big profit.
Bitcoin could be a great way to make money but when bitcoin reaches to a level where it rarely moves anymore, moving to other coins is not a bad idea neither. Think about it this way, you have 10k coins, you buy bitcoin with it, it becomes 50k, you sell it, you buy BNB at 40 dollars each for a total of 1250 bnb with that 50k dollars, and when bnb becomes 300 dollars you sell it for 375k dollars. Now if you bought BNB at 40 dollars and sold at 300 dollars from the start, your 10k would have turned to 75k, not a bad amount, but it would be 300k lacking, so if you go into bitcoin first during a bull, then move to some other place and make money that way, it would be a lot more profitable for all of us. That is why I try to get into bitcoin whenever it is low, and wait in bitcoin, but when we are 5x to 10x on bitcoin I definitely start looking for other coins. I will be happy if the scenario is like that and I see that it happen in the short term. But maybe that strategy can be applied to some coin such as ethereum, bnb, litecoin, or the other coin, but that will need more research to find the coin. If you can buy the altcoin at the lowest price, that will be okay, but right now, the altcoin is already increased, so we need to be careful to select the coin. We do not know where the crypto market will go, and we can only guess and predict that the price will increase to the price we predict. I hope that we have our strategy and not just follow other people's suggestions because we need to search for more info to invest in one or more coins.
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Few old projects have made the ATH, like enj, doge, bnb, eth but most of the old projects are still far away from the ATH. Can we call the current situation bullrun for altcoin? I think no. Most of the times, it’s the affect of bitcoin rise. So, when are we having altcoin bull where altcoin will be outperforming bitcoin? Or no more such things happening at all?
I guess the altcoin is not yet getting another bull run as the altcoin is not increased so high. Maybe the altcoin needs more time to wait for the price can start to increase. I am sure the altcoin will get its turn to increase and I guess that the altcoin season can come in this year. Maybe after bitcoin breaks $60k, the altcoin will get the time to increase, and once it is coming, many altcoins will have a chance to lift the price. While we are waiting for that moment, we can buy more amount of the altcoin that we think the coin can increase so high in the future.
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If you play on the fiat gambling site, maybe you will need to pay the taxes. But if you play crypto gambling games, maybe you do not need to pay the taxes because as long as you keep the winning on your wallet, the government will not know about your winning. I do not know much about paying the taxes for every winning on the gambling games, but I only know about paying the taxes monthly and paying taxes because we have an income. But the taxes are not applied to people who have a minimum income for that country.
While this is true in some countries, we need to be very careful with tax laws. Sure as long as we are not realising any gains in FIAT currency we should be fine. But once we convert some of our coins into FIAT cash again we need to pay taxes. If we don't declare the winnings then we could bf liable in the future. At the moment it might be hard for the government to track our crypto winnings but we shouldn't raise any suspicions. So it is better if we still hold the coin and not converting the coin into fiat in a big amount because that can make the government tracking our bank account. Maybe if we want to convert from the coin into fiat, we can do it step by step, so the bank will not be suspicious if our account receives the money in a big amount. We are lucky to have a crypto gambling site because it can help us play gambling without the government knows what we did with our funds. We still pay the taxes as usual and are not changing, and we can still play gambling using crypto.
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What is the truth in this regard, because users like me are always go lack of control even when luck is on our side. End of the day used to pacify thyself terming it as our fate and move on. Hope you guys don't do this mistake. ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) It's ok to lose control if you are playing for fun, fun is having out of control and being entertained, but what is wrong is putting your money that is meant to be your savings and your allocation, when you play what you can afford to lose, it's ok to lose control as long as you will not go home sorry for playing. But it is better not to lose control even though you are playing for fun. What the meaning of having fun in gambling but we lose all the money and lose control. If you can allocate some money to gamble and not trying to break the money limitations, you will not have to lose all of the allocation money because you will see that your money is almost run out. I hope we can always control ourselves in gambling games, so we do not need to lose everything.
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If you play on the fiat gambling site, maybe you will need to pay the taxes. But if you play crypto gambling games, maybe you do not need to pay the taxes because as long as you keep the winning on your wallet, the government will not know about your winning. I do not know much about paying the taxes for every winning on the gambling games, but I only know about paying the taxes monthly and paying taxes because we have an income. But the taxes are not applied to people who have a minimum income for that country.
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Macau is one of the best places for the gambler to playing gambling from a long time ago, from what I heard. But I do not know what happens to Macau now, and especially we see the pandemic still attack almost countries and the government still working hard to cure their people. If the casino in Macau still alive and running, maybe that can be another income for the government since many tourists can come to that place and playing gambling. But I am not sure about that because the government still use a strict rule for the tourist because of this pandemic, and they really care to decide. Maybe the traditional casino is still running in a hidden place.
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People do not need to have a long-term coin besides bitcoin for the investment because it will give them the biggest profit than the other altcoins or tokens. But they can try to invest in the other project besides bitcoin to make more profit as we know that these situations will be good for them to have the other investment. I am not sure if a coin will increase by 10,000% in the next couple of years because that will rise higher than the bitcoin price. That is why I am not sure if a coin can do that since bitcoin is the first coin that will potentially make a big profit.
Basically, we hope what we hold will reach such heights but unfortunately, except for bitcoin that can do wonders and maintain that for very long, other cryptocurrencies just stay silent, this market is only created for bitcoin to rise in price, other altcoins have too little chance to circumvent these underground rules. I'm not sure such a crypto will exist and even if it does, whether we can bet correctly or not, too many altcoins are appealing to us but making the right decisions for the future is still a difficult question For bitcoin, I believe that bitcoin will rise so high and reach the highest price than now. But for altcoins, even the price is not reaching the highest price or reaches 1000%, if the price can increase by 100%, that will be enough for us because we can still make another profit from selling bitcoin. So if the altcoin can increase by 100%, you better sell your altcoin, especially if that is the new ATH for that altcoin because, after that, the price can go down to the lowest price as before. People do not need to have a long-term coin besides bitcoin for the investment because it will give them the biggest profit than the other altcoins or tokens. But they can try to invest in the other project besides bitcoin to make more profit as we know that these situations will be good for them to have the other investment. I am not sure if a coin will increase by 10,000% in the next couple of years because that will rise higher than the bitcoin price. That is why I am not sure if a coin can do that since bitcoin is the first coin that will potentially make a big profit.
To be honest,it's true.The project is not looking for the long term investors and investments.Even ethereum,had launced a new coin of ETH 2.0.But the bitcoin had a straight and steady flow and investments.Huge new people blindly invest in the bitcoin,because it survive since 2011. The new people see that bitcoin can give them a big profit, so they invest in bitcoin blindly and do not think much about the altcoin. But if they can diversify their asset into altcoins, I think they will make more profit from altcoin, which means they will make more bitcoin from the investment. That will depend on that people's strategy because each person will have their plan and try to reach their goal in the future.
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People do not need to have a long-term coin besides bitcoin for the investment because it will give them the biggest profit than the other altcoins or tokens. But they can try to invest in the other project besides bitcoin to make more profit as we know that these situations will be good for them to have the other investment. I am not sure if a coin will increase by 10,000% in the next couple of years because that will rise higher than the bitcoin price. That is why I am not sure if a coin can do that since bitcoin is the first coin that will potentially make a big profit.
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Reaching $72k in the near will not easy as the price now is below $60k, and it will need more time to increase fast. If we see what happens to the bitcoin price, the movements seem not too fast, and we already saw that bitcoin price makes a correction many times, so we might see another correction shortly before the price hits $70k. Bit price needs to increase and break $60k because that bitcoin needs to break the hard price level. Even if the price is hit $60k, it does not mean that bitcoin prices can increase fast. So we need to be patient for that, and even if we already draw a line for the price to reach $72k, it will not happen too fast.
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I haven't received much payment in my signature campaign so right now my plan is to hodl the bitcoin that I will receive as it is at most a trickle amount and I don't think that gambling it or spending it on anything is going to be worth it. Maybe when I get enough bitcoin, I might go and buy a new phone or something that isn't worth a lot of money but is worth buying.
After the bitcoin price back to $55k-$57k, that proves to us that if we can still hold bitcoin, we are making a big profit from the payment and selling it at a high price, that will make us more profit. I think the other members still hold their bitcoin and waiting for the price to increase like us. But some others maybe use that earning to buy the altcoin and use it to continue gambling. If we can hold the payment and have a patient wait bitcoin price rises so high, our waiting time will give us a big reward in the future, especially if we can use the other ways to earn more satoshi.
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I would agree that all of his points, taken into their respective context, makes complete sense. However, has he considered thinking about those who are below the poverty line, those that are poorest of the poor? I believe that even if these people put these big a burden on themselves, they aren't supposed to be left out in these kinds of discussion. Maybe next time consider those people.
I always think of such poor people. To my mind they don’t think of BTC at all, they have no time for this. They think of how to get some money for food, clothes and bills. While wealthy people who have surplus of money can easily invest thousands of dollars in BTC and easily make huge money on holding. They only think about how they can eat this day and not think about how to get rich. Maybe that is far beyond their mind and they realize that it is very difficult to reach it without any miracle. A rich person has their money to invest in bitcoin anytime at any price. That is the difference between the poor and the rich person. But I believe that there will be one or more people who will get lucky and become rich from all of those people.
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What I often see is when the price of bitcoin has increased high. and the media exaggerate about bitcoin. from here a lot of new traders will emerge. they trade using only Felling without an analysis. of course they did that when the price of bitcoin was high as it is today. exactly the same as what happened in 2017. I hope people can do a good analysis first before they are really interested in running a trading business
I hope they can be okay to trade if they are just using their feeling without analysis because I see that it will be hard for them if they make a mistake to buy or sell bitcoin. They will regret it without a chance to recover if they do not analyze the price. The analysis helps us find a good time to trade, especially if the market is unpredictable. The bitcoin price now touches $56k, and that is the new highest price after the price reach below $50k a few days ago, so if they still use their feeling, that will not be good for them.
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I also think that nobody is really interested in this kind of business, especially when it is only for 4usd, people can make that money much more easier, who would risk their id and the process for this kind of money that does not make any sense, usually when people are making these kind of requests they are aiming to doing things with the wrong intention.
I hope people will realize that giving their identity to any third party they do not know will be dangerous because they can use that identity for something that people do not know. Many other gambling websites that give those offers to their new members do not have to verify their account because they want to attract as many people as possible. It is better to use that reputable gambling site to gamble than to use the site to verify their members. But if there are people who want to try their site, they can try it and we can not blame them. He have shady activity here so I conclude that his offers here is not true and I think his main intention here is to sign up someone's identity to get more reward for his self and he doesn't plan to pay any one here. Also it's really dangerous to give our identity to anyone especially if the one ask it are scammers or identity sellers and that's huge risk so to everyone new about this better not sell our KYC details since it's not ideal thing or decision to do. You are right. Even if he hires escrow agents to manage the money, I do not think that people will try to sign up and send the identity to him as we are really aware of giving our identity to the other party can be dangerous. Once they got people's identity, they can use it for anything they want, and I am afraid that many fraud activities will use people's identity. Members here really concern about the site, and if that site required to verify members account, we will stay away from that site. If that is for the gambling site, we have many other reputable gambling sites that do not need to verify our account using our identity. I hope people will realize that giving their identity to any third party they do not know will be dangerous because they can use that identity for something that people do not know.
It's the usual case, even in websites where we're asked for KYC. We are unsure if they really are keeping our identities in a good place. We do not have to use that site if the site needs KYC because we already know which gambling site we can use just to play gambling.
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So I bought some Ethereum for £1070 a few days ago and it is now worth £1326. Would now be a good time to sell for a small profit?
I am investing more long term in Bitcoin but wanted to trade a bit on smaller coins i.e Ethereum etc.
That will be up to you when you should sell your ethereum, but maybe taking the profit will now be a good idea. If you have more than 1 ethereum or let say you have 5 ethereum, you can sell 1 ethereum at a price now, which is a high price than the price you bought. You can have more money from selling that ethereum, so when the price gets a correction later, you will have a chance to buy ethereum, and in that time, your ethereum amount will change and that is not just 1 ethereum because you can buy more than 1 ethereum. Or you can still buy for 1 ethereum and keep the profit for another coin or withdraw it.
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