The price of 40k Bitcoin does feel like it is so close to coming. But now we are going back from 36k to 37k and we have not seen a price of 38k in this 'bull run'. But I do think it is going to happen at some time now even if the ETF does not get approval.
I think when we do hit 38k then we will see some big profits even more than 40k. This month it was lowest price of 34k and we have not seen 33k since last month.
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I do trust a Stablecoin that I think is doing good deeds. Tether did freeze $225 Million in usdt that the U.S. Department of Justice says is connected to human trafficking. The blockchain analysis was done by Chainalysis. It is the biggest amount of usdt that has even been froze. https://beincrypto.com/tether-freezes-human-trafficking-usdt-funds/
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Well it is not a easy thing to do to HODL. And when there is profits we can take it is more hard to not sell our coins to earn easy profits. But we all must know this is not a 'get rich quick' investment. There is nights I am not sleeping so good and my stomach hurts. I think if I should take the profits or still HODL.
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Yes this is some very good advice for some new investors. We should never just put all of our 'eggs into 1 basket'. There is days when Bitcoin can not do so good.
But if we have alt coins in our portfolio this can make up for losses of out profit. And yes you can make short term gains with the alt coins. My portfolio is mostly Bitcoin but I do have alts but not the 'shit coins'.
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Well I think the big reason we needs for there to be alts in the competition of Bitcoin. And they can store value and we can have them if Bitcoin price goes down and alt coins go up we can sell them. Alt coins are faster to send than Bitcoin. We can use alt for smart contracts and other functions too that Bitcoin can not do.
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1- Counter Strike 2 2- Lost Ark 3- Apex Legends 4- Conqueror's Blade 5- Crusader Kings 2
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Well Bitcoin did fall below 35k to 34.7k but it did not last very long. But I will say I was scared we were going to lose all of our recent profits. It could have gone down more and it would have been really bad. We know it is ok for there to be a correction in a 'bull market'. And I think that is was we did see yesterday. And now we are back above 35k at a price of 35.6k.
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