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If we look at the current price position I am optimistic that $ 25k will be reached in February, slowly the signs of recovery are becoming more evident, early January the price was around $ 16k, then skyrocketed to more than 30% and reached $ 23k at the end of January, and I believe the price $30k will be reached in March, keep buying and don't panic when the price drops because I believe the price this year will be on the way to recovery.
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January is a good start to be optimistic that the market will recover soon, now the price is around $ 23k, unfortunately at the beginning of the month I sold bitcoin for around $ 16700, and I believe in February now the price can touch at least $ 25k, maybe there will be a price correction but I'm sure it won't drop below $20k again.
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For me a side job/business of course improve my financial, I've done a side job and I've done it for more than 4 years, I live near the beach and currently market 5 houses for daily rent, I can earn money at least 30% of monthly salary even when session is busy I can get 3x of monthly salary. of course not everything goes according to plan, I have also replaced damaged or stolen items worth 3 months of the house rental income.
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The lowest point I've ever experienced in finance I have no assets whatsoever, and also unemployed, to eat is very difficult and I have to sell around friends' products from morning to night to survive even though I only earn about $ 5, when walking I have estimated reaching more than 20 km and no products have been sold yet.
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The trend of bitcoin in the future will be difficult to predict and the estimate of many experts is that it will be more expensive, the right decision to buy more bitcoins rather than just waiting or hoping for a lower price to buy, if our focus is long term I'm sure it will be profitable, most people buy and losers are hoping for instant profits so it's easy to panic when prices drop.
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I think so, success is determined by luck, not effort, the real proof that I see in life is that there are many rich and successful people who according to the rules he shouldn't be successful, I have a friend who didn't graduate at school, but after several years in the restaurant business now I have employees are around 30 people, and there are employees when schools often get top rankings.
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It is surprising to see that everyone does not believe that bitcoin will drop to zero or die. But anything is possible, and the value of bitcoin is created from human need, as long as people don't need it anymore, it will go to zero. But just looking at people's belief in bitcoin, I can say that the chance of bitcoin falling to zero is almost nonexistent.
In my opinion, this is a money-making playground for big players, so it's tough to let it die unless they find a more attractive game than the cryptocurrency market.
That's right, don't ever think that bitcoin will continue to be used, bitcoin is a technology that will certainly continue to grow, if one day someone finds a program that guesses the private key then bitcoin will be worthless, and I hear of many people or companies who are constantly looking for bitcoin algorithms to guessing the private key, now it sounds impossible but nothing is impossible in technology, as long as bitcoin is valuable and useful, of course it is feasible for us to get big profits. |
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The market is always unpredictable, when we hope too much that the price will continue to rise but sometimes the price drops significantly, but if there are no big issues like LUNA or FTX I'm sure the price of bitcoin will continue to rise because user demand is very high especially more and more companies are serious about it developing bitcoins.
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The current price is around $23200, and shows an upward trend, of course many regret selling at a low price, I also regret that a month ago I sold about 30% of bitcoin at a price of $16800, this is because at that time I really needed money and there was no other solution apart from selling bitcoins, and now the price potentially touches $25k, and tomorrow or the day after tomorrow I will buy again after getting my monthly salary.
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Budgeting is an important thing to keep us going, especially since economic conditions are getting more difficult, for example due to the influence of a recession or unexpected things due to the pandemic that happened 2 years ago, I think after we make budgeting, the next step is to do what has been set, don't be too easy spending money especially for things that are not useful such as consumption, fashion, gadgets or other unimportant things.
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Cryptocurrencies have been trending for the past few years, but unfortunately what is often conveyed is bad things, for example transaction crimes such as money laundering, illegal weapons transactions, fraud, drug transactions and so on, if we are honest, the positives of the presence of cryptocurrencies certainly outweigh the negative effects. and it has been proven that many people are successful and open new jobs so that reducing unemployment is the positive impact of the presence of cryptocurrencies.
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I live in a developing country with a low per capita income of around $7500 per year, the biggest problem today is corruption and the sale of assets to foreign countries so that it makes my country's economy very difficult, the regulations that are made are always in the interests of entrepreneurs even though they harm the people a lot, this is because many state officials who accept bribes from businessmen to protect their business interests.
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The human mind will always be tempted to do bad things, it is very difficult to maintain positive thoughts and in my opinion the presence of a motivator who keeps reminding is important for the company, to achieve goals and be able to win the competition of course the company must always provide motivation to employees, and the company should not afraid of losing employees for doing the best thing that is to maintain positive thinking from employees.
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I never thought that the bitcoin price would continue to rise, opportunities for a drop could occur at any time because there are many conditions that could make the bitcoin price drop to $10k, but those who have known bitcoin for at least 2 years, in any condition, can always profit because of the daily bitcoin price movements. can reach more than 5%.
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Very happy because bitcoin has risen more than 30% in january, the opportunity to continue to rise is even greater because more and more of the world's top companies are making bitcoin as an asset, moreover many currencies continue to decline so the best alternative for storing assets is bitcoin, even though there will always be speculators who take advantage of the current moment to take profits because they buy at a price below $ 20k so if they sell now they will have profit of more than 10%.
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The potential for a bull run is of course very large to occur this year, the biggest factor is of course because the trauma from the collapse of exchanges will end soon, investors will of course make FTX a valuable lesson so they will only choose top exchanges that have legality and strong capital, especially now that there are more and more countries that legalize bitcoin so that the potential to skyrocket is even greater.
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I also think so, it can be seen that the price of bitcoin can reach $ 20k at the beginning of the year and of course this makes the market more positive,
the bad news about crypto currency has also disappeared, it's just that investors are still afraid since the altcoin collapse case last year,
and hopefully this year there will be no more collapsing altcoins like FTX, CEL or LUNA.
The large number of scam cases from altcoins is of course an important lesson for investors, and this has happened massively since the market rising in 2016, this can happen again at any time, as an investor the best and safest thing is to store assets in a private wallet so you don't panic when a bankrupt case occurs exchanges. |
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I'm happy because the current price is around $22800, and a week has gone up more than 9% or January has gone up more than 35%, this makes me optimistic that this year the market will rise, and I think the best thing for now is to keep buying, if you have profit at least 50% or reach $ 35k then it can be sold or held even longer because of the potential for a very large increase in the future.
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Sometimes life must dare to take risks, if we do not dare to take risks then life will be flat and difficult to change for the better, many experts believe that this year bitcoin will skyrocket to at least $ 50k, I have sold some of the assets I have to buy bitcoin , and if there is access to borrow then I will do it.
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