Halving is still quite far but that's a good indication about the bull run because it always be the signal starter of the market for Bitcoin.
And whether you're a trader or an investor, that's one factor that you will need to watch for your own preference.
You don't have to be a day trader at this time when you are patient and wanting to wait for its coming. It's true that it's one of the most significant thing to follow on the market.
Withou all these halving discussions, it is very certain that the price of Bitcoin is going to skyrocket by next year looking at what is happening in the market currently. By the time Bitcoin ETF is available to investors, we are going to see a massive movement in the price of Bitcoin and that is going to make things more easier for investors and those that had been waiting to make profits from the market. All Bitcoin holders who had been waiting patiently for years now without selling their holdings will see a huge profits from the market. That is for sure. But if we look to the point that even without bitcoin etf, I am pretty sure that we'll still see where it should go and as for the cycle which is the bull run. And for some speculators, they are saying that we need more money to the market and we need another source and that's where it is going to come from, from the bitcoin etf and new investors through it. |
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Halving is still quite far but that's a good indication about the bull run because it always be the signal starter of the market for Bitcoin.
And whether you're a trader or an investor, that's one factor that you will need to watch for your own preference.
You don't have to be a day trader at this time when you are patient and wanting to wait for its coming. It's true that it's one of the most significant thing to follow on the market.
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~snip~
we have been in this situation before, high fees and slow confirmation. but i think, it will still go down. maybe not 1sat/vB but a lot lower than what we have right now. this is the bottleneck when it comes to payment method. i won't use my btc if i need to pay hefty amount just for the tx fees. for now, if you have no urgent needs of your cash, better keep your btc in your wallet. it is just another hiccup that we need to overcome. also, you can convert your btc to other cheaper alts if you need to transfer it to your wallet or other platforms. you can easily calculate the difference of fees incurred. I am not also inclined with that when the transactions aren't that much but the fees are a lot. I wouldn't sacrifice it when I feel that I'll lose a lot from that transaction. I'm still for Bitcoin as an asset and store of value but when it's come to these transfers, if I'll lose a lot from the fees then I won't do the tx. If they're just like a couple of bucks and pennies, no problem. But when it goes tremendously and becomes more than $10. that's so much. |
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-snip-
Yes, it had dropped for a while but I am still uncertain that the fees will increase again. But this is just a week that we're experiencing it and I think that we're about to see the lowest again soon. Transaction fees will never be stable over time and will continue to fluctuate depending on how many transactions fill the mempool. I'm not at all surprised that transaction fees will become more expensive in the future - but there are positive indications that there may be a correlation between transaction fees and price increases. That's right, the positive indication that it will be is because the price of Bitcoin is higher so, we're looking at the dollar value of the sats/vB instead of the quantity that's being provided for us to pay. Moreover - check the transaction fees before you broadcast so as not to be delayed by low fees: https://mempool.space/So far it's hard to expect transaction fees to drop to 1 sat/byte - I can imagine that won't happen until later this year. But again - expensive transaction fees will not completely hinder the real use case of bitcoin. Everyone wishes to see it drop to 1 sat/vB but we don't know until that moment comes again because it's just so hard to expect that because of the ordinals. |
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As much as I want to think positively and believe on the experts speculation and estimation about what is percentage rate of the approval. I do not want to be wholly dependent on my feelings on them. I want it to get approved and if it does, might be before or close to the halving date. |
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but currently the recommended transaction fees are already quite low compared to a day or two ago.
Yes, it had dropped for a while but I am still uncertain that the fees will increase again. But this is just a week that we're experiencing it and I think that we're about to see the lowest again soon. Therefore Bitcoin is the right choice to invest for future financial freedom.
It is the right choice for those that know it. We can say that it can make someone financially free in the future but it all depends on how much capital that he's got. Before $100 can make you rich if you came in during the earliest time of Bitcoin and then just sold it after the times it had reached its peak. But this time, you calculate and double it and that's what you'll get as your profit if the price doubles as well. |
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Anyway, there isn't an accurate range of age for this moment in someone's life. It can be during your 30's, 40's or 50's... Take your own time and avoid comparing yourself to others too often.
Right, you can't predict when success will knock your door and at what age you're going to meet it. As long as you do your hustle and everything you're doing to make yourself financially stable, that's all that matters. Because depending on the work that you do, there goes after you the success in all forms that you can think of, especially in financial. |
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The trauma that these wars give to individuals is totally huge. I think there were even documentaries that give the viewers an idea what trauma is from people that suffers it because of the wars. They don't want to have that and they're all just victims of these leaders playing chess and the pieces are their militaries and innocent people as pawns.  Yeah.. the trauma that war inflicts on individuals can be profound and long-lasting. The experiences of war can lead to post-traumatic stress disorder (PTSD), anxiety, depression, and other mental health problems. Survivors of war may also experience physical injuries, chronic pain, and social isolation. Documentaries can be a powerful way to give viewers a glimpse into the experiences of war and the trauma it causes. By sharing the stories of survivors, documentaries can help to raise awareness of the human cost of war and promote peace and understanding. War is a devastating tragedy that inflicts immense suffering on innocent people. They become collateral damage in the grand chess game played by powerful leaders, their lives and well-being mere pawns sacrificed for political gains. The leaders who orchestrate these conflicts often remain insulated from the horrors they unleash. We must hold our leaders accountable for their actions and demand that they prioritize the well-being of their people over their own political agendas. Only then can we hope to alleviate the suffering of those caught in the crossfire and create a world where peace prevails. Because of their personal bias and agendas, many innocent people becomes the collateral damage of these wars. It is like a video game to them that making them put the lives of innocent people at risk. While the commander in chief and all other high ranking officials are on their offices giving commands to their people while them at their own comfort zones. |
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The trauma that these wars give to individuals is totally huge. I think there were even documentaries that give the viewers an idea what trauma is from people that suffers it because of the wars. They don't want to have that and they're all just victims of these leaders playing chess and the pieces are their militaries and innocent people as pawns. |
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someone who controls everything and has no competitors will make prices unreasonable and there will be no development, because there are no competitors the products that will be made will be the same forever, you can see countries like China, USA, Korea, they always innovate because they have competitors tight.
Sometimes the enemy can become a supporter to progress to become better.
That's what oligarchy means. There is no competition, therefore that they all have the right to increase the prices of their products. Whether they're based locally or internationally, if they want to increase the price, they're all free to do that. That's why in the markets, we all need to see competition because it helps us to have freedom to choose and that also sends down the prices. |
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Yes things have been easier in the marketplace with the help of technology
And with technology, especially on the digital age. A lot of marketing strategies need to be updated that's being done by the marketers. It's because the algorithm changes from these platforms where they are marketing. I am sure that most of them that does this for a living is aware of that. They need to be updated at all times if there have been changes made by the platforms and with the techniques that they've been doing to promote and market companies and products. |
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Women are less interested in technology matters and they're more into beauty, kitchen and other women things. But we still see some women that are also with us on this market because it's all about the interest that they have. Some women intended to get into Bitcoin because of what they've learned about it and it's all about the money, anyway, men and women have both interest in terms of money.  |
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I advise using the DCA when purchasing Bitcoin or other cryptocurrencies; it's a great method to save money and ensures that your wallet never has a zero balance. Actually, most communities nowadays operate in this manner.
The strategy that's greatly appreciated by most of us and that's the reason why many are starting to do DCA. If no one does DCA then it's not recommended. But it's not just one person that recommends it but there are plenty of us. Just be sure you know which cryptocurrency assets you plan to purchase in order to build up and create a dyor still, or select a cryptocurrency that you believe has the best chance of rising from the bull coins by selecting a majority of the top 30.
Start with BTC and then when you have sufficient holdings of it already, that's when you try to find something new. |
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My thoughts are also almost the same as yours, where I also prefer trading with altcoins because altcoins are not assets that need to be held for the long term. Meanwhile, Bitcoin is actually more suitable for everything, be it trading or investment, but I prefer to apply it to investments with a long term duration rather than trading it in the market on a daily or weekly basis. Because as you said, Bitcoin will not be so risky if it is kept as a long-term investment, while altcoins are the opposite, so altcoins are always more suitable for daily trading in the market.
Many thinks that it's fine to do such with Bitcoin because it is flexible and there's nothing wrong with that. But just as what you see with it. It's true that bitcoin is more of an investment in the long term than to be used for trading. Because you can even go wrong with trading it. Because you don't know how volatile the altcoins market and you might even get some losses if you btc-alts type of trade. |
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But seriously, it's not bitcoin that makes you rich, but it's your work / effort to gain profit from bitcoin's fluctuating price.
Well, if I'm going to analyze that it will still conclude that Bitcoin can make someone rich. Bitcoin is a just work area. Maybe I find it different from what you think of it as a work area but bitcoin is the same just as other assets that have made a lot of people richer. It will depend on how we're just going to be wise and spend the profit from there. But it is not undeniable that someone can be wealthy with Bitcoin if accumulated and held for a long time. |
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Many videos like that are existing on the web about introduction to Bitcoin, the basics of it and the tutorials that are simplified and more interesting through animation.
I have watched a few of them and the ones with greater visuals are the ones that catches the attention of the many.
But the more we have like these videos, the better for everyone's reference and resource to know more about Bitcoin.
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The price of gold and silver is not stable either and has its own volatility. Yes, the volatility of gold and silver is less than that of bitcoin, but it is still there. Therefore, investing in gold and silver should also be smart.
They are still good choices for storing your wealth and that's why the rich have always been into gold and silver and even the reserves for the US. But if you don't like that little volatility that they have and you want something to get from that long time of surviving, Bitcoin is still the best hedge for inflation and hyper inflation, there is no doubt with that because we have all experienced the up and down move of it. we can't be very sure about the lifespan of bitcoin, so for long-term investments, you still need to keep an eye on this market. to diversity your assets, still best to have physical assets like gold or real-estate. mutual funds or ETFs can also be very good investment fund that you can look at also to combat the hyperinflation. While that's true but if you're a true believer of this market, you know that it's here to stay and you won't worry like that. Yes, it's speculative but for a decade and a few years of its stay. You've seen how it's going and there's a little reason why we think that it's not going to have a good life span just as what you're saying. But anyway, if you've got some other ways of combatting the hyperinflation, those that you've mentioned are also nice assets. |
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The price of gold and silver is not stable either and has its own volatility. Yes, the volatility of gold and silver is less than that of bitcoin, but it is still there. Therefore, investing in gold and silver should also be smart.
They are still good choices for storing your wealth and that's why the rich have always been into gold and silver and even the reserves for the US. But if you don't like that little volatility that they have and you want something to get from that long time of surviving, Bitcoin is still the best hedge for inflation and hyper inflation, there is no doubt with that because we have all experienced the up and down move of it. |
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I feel that when Bitcoin is reaching peak prices, all news sites cover the news. As a result, lot of new users come to Bitcoin. As a result, this can be a good time to invest in promotion of crypto affiliate programs. The chances for conversions will be higher as Bitcoin popularity will already be in mind of people.
That's true, hype is alive again for Bitcoin and many people will look at the prices and so if you promote an affiliate just make sure it's not a scam. They always come back when the market is healthy and alive and all they think is money is everywhere again for Bitcoin. So, if for the mindset of promoting your affiliate, it's true that it's an advantage if you do it during the bull run. That's already given. Bitcoin will become trending. Some people will get FOMO, and transaction fees and volume on Bitcoin will increase too. In short, a lot of people using Bitcoin or huge volume is moving in the Bitcoin market. Just like scammers during a bull market, you will see them everywhere, hackers or some HYIP programs which are totally scams. So just be careful to promote such affiliate programs because some could be scams. He mentioned promoting known exchanges so that's a good choice. The way that he is going to promote it depends on him. Through blogs, I think that they are going to do just fine and he just need to make interesting points that will drive people to his blogs. |
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