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Depends on the possibility of bitcoin going to resistance or breaking, I will buy altcoin and accumulate, I don't like to wait too much and become late. Bitcoin has a definite time to correct $38k - $32k and those are opportunities to take advantage of until it happens. DCA and keep your focus on closely observing altcoins until after the Halving, the trend is likely to go up more sustainably.
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Personally, I think Polygon and DOT both have growth opportunities in their markets. Polygon is preparing to launch their Agg layer product, while DOT has their hopes high in the process of upgrading to DOT 2.0. It would be good to decide to put both in your portfolio to hold and wait for the altcoin season to come, layer 2 is having a hype but DOT 2.0 has the ability to create a sudden explosion. Be ready to accept it according to your decision.
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After what the market is moving and reacting in the way the free market accepts then according to my prediction. bitcoin will still have minor corrections after resistance at 38k$ is formed, at the same time ETF heat will continue with ETH ETF will be approved, ordinal boom will be in sync with bitcoin L2 trend , then, altcoin season will run in the middle of the year and again at the end of the year. Anyway, we have prepared many things after Bitcoin Halving, be ready for a small price increase or bull run scenario in 2024
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Today, See SOV, a best symbol of L2 bitcoin, its outlook and potential in the bull run cycle is very macro. Everything is being set up in earnest and the important transformation is about to begin. So this is the coin I'm optimistic about holding for the next bull run, all seems to be falling into place. I have confidence and optimism for SOV at ATH in 2025
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Yeah, i think, We are just in the setup phase before entering the bull cycle, the possibility and history is that after the halving there are only about 3 months left. This stage involves establishing the initiation process and this boundary is necessary to create opportunities for deliberation, trust and decision. After the halving, it seems to be just HODL.
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I used to hold PYR and after its hacks after it was listed on binance, unfortunately it was the reason I decided to sell. The gaming token ecosystem is a small niche that is still growing as new trends, NFTs for gaming or other advanced variations find the right fit to grow in its space. I'm also trying to hold 1CAT, the gaming ecosystem has grown miraculously in covid 19 and the possibility of a comeback is ready.
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you are right these 3 categories are in hype nowadays. specially layer2 because of their airdrops and other lucrative features for crypto traders. there are so many Layer 2 and Layer 1 Projects out there.
Yes, i agree. These 3 items are very practical. In particular, I am quite focused on Layer2. Although L2 on ethereum was airdropped quite loudly, in a more special case, Layer 2 on bitcoin is also attracting a lot of attention and is likely to explode in the future. After the Halving, it became even more optimistic. I'm giving my attention to SOV. In addition, I think a few small niches still have the potential to return, which is gamefi/metaverse... |
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Besides, look at the chart, it is extremely bearish, and this is not even the time to think of any bullish attempt. Just be patient my friend, we will first see this bearish effect subsiding before we can have any hope in Bitcoin bullishness for now.
yes, Panic selling!!! I think the resistance level of $38k will be retained by the market this week. Panic selling is continuing with FTX- GBTC which is why it happened so quickly since the 42k BTC level last week. Bitcoin ETF is also part of their motivation to accumulate more, and they seem to take this price seriously,... then I expect a big recovery with a green candle very soon. This scenario will soon end this weekend. Prepare DCA plan and be ready to wait for it |
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After each halving, history favors a price increase, which will result from previous setups accepted by the market. I predict the price increase will start slowly in the 3rd-4th quarter of this year and the strong upward momentum at the beginning of the year will begin after the US presidential election ends. It will be the same as 2017/2021. I think this is the retail phase where GBTC is just the big reason that the market is reacting in a receptive way - with temporary drops, it's good to look at the overview and be prepared.
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I think any investment issue needs to meet the conditions of flexibility and initiative. Therefore, I think it would be better to combine both: trend and long-term investment. In the long term, you should focus on the top choices and sometimes you have to look for challenges to make a profit with interesting trends like ordinal, meme, gamefi,... in this case, I think the combination will create profit/ more diverse or more suitable.
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For me, a bitcoin ETF would make bitcoin practical for widespread adoption, but of course governments would try to make an effort to regulate institutions that file ETFs, going against the grain decentralization of bitcoin, in which case the ETF will be more or less influential. But any ETF issue will have its advantages and disadvantages, how the market will adapt and reflect subsequent needs, including how the regulations will be met by the market. Personally, I think that ETFs have many advantages in terms of sustainability for bitcoin in the future.
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My expectations for the market after the halving will be bullish, timing as well as history support optimism. The halving is about 3 months away and I am not surprised by the current temporary correction, it is happening in a way that the market shows acceptance. That is an optimistic signal, and positive news such as the US presidential election will also support the increase in bitcoin's price. This is a good time to evaluate and reorganize investment portfolio. I predict bitcoin will have 2 runs at 50k and 65k at the end of this year and everything looks possible after that the next ATH
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Every investment opportunity is an opinion that may be right or wrong. It's cryptocurrency. Therefore, even when suggestions are made in this topic, you must consider them for the possibility of being right or wrong. If we knew in advance which projects would definitely win and have high profits, perhaps we wouldn't be here? Lol, you should look them up and rate them yourself. For me, SOV
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It happened on the approach of the post-ETF retail trend, which was the main reason for the short-term correction. This is normal, and I guess this $40k resistance is still optimistic. In the long term, this price is important acceptance. It shows the momentum before the Halving and the price increase afterward
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So even though bitcoin ETF have been approved, it will not not just change the face of the market at once, but will take a gradual process for that to happen so let not be surprised to see bitcoin market behaviours being the opposite at the moment.
Totally agree with you. Market behavior and expression are reacting inversely to ETF adoption, which suggests a retail/news buying trend is occurring afterward. It's basically a normal sign and the range isn't high for short-term prices, but the bitcoin ETF is the key to the market's future. I'm guessing we could be down 40k-38k before going flat and up until before Chinese New Year. A possibility often becomes style as the previous history in January and February |
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This news worries me very much
“MORTALITY – 100%: THE CHINESE TESTED A NEW STRAIN OF CORONAVIRUS ON “HUMANIZED” MICE
Mortality rate – 100%: the Chinese tested a new strain of coronavirus on “humanized” mice
The virus affected the bones, lungs, tracheas, eyes and brains of the test subjects, and before death the eyes turned completely white.
Chinese scientists are experimenting with a mutated strain of COVID-19 that is 100% lethal to “humanized” mice.
This was reported by nypost.com with reference to a study published last week in Beijing."
I have an assumption that China now wants to create a virus, as well as vaccines and a treatment drug, in order to “bring the whole world to its knees,” threatening total extinction for those who do not accept China’s conditions and do not submit in exchange for a vaccine. But I’m afraid that, as in the story with COVID, this “successor of COVID” may leave Chinese laboratories, without the knowledge of the developers....
Are there any links about it? I want to grasp it carefully. Human history had to change when Covid 19 attacked, it had a huge impact on the human world. I was very worried when I read the news about it. I do not expect that we will continue to face the next generation “covid” enemy in any form. That's scary. The assumption that China can continue to conduct other Covid research is not impossible. Hopefully everything will be handled safely and without additional risks. I also think that countries around the world have had great lessons and experiences after overcoming the covid 19 pandemic and have used that as a method to minimize similar dangers in the future. . |
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For me, this is a good time to observe market developments. Bitcoin's retail trend could continue until this weekend. If the 42k, 40k, 38k thresholds are broken at any time, it will greatly affect market psychology. So be patient and wait for the big opportunity for altcoins. I still agree with the DCA method but I will wait a little longer. Because I suspect today's $40k resistance could move lower or it is restructuring the trend.
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Low-cap altcoins are also the best to lose your money. They don't have a viable project or a team, and they pump and dump by market manipulations. You can get profit only if you are lucky enough.
Yes, This is clear, in investment opportunities there are risks. Especially, New or low-cap coins are easy to gain fomo and easily increase in price but what then? It won't be easy to grow if it can no longer keep up that hype. GameFI has interesting things and the hype that the 2021 market has shown, the appeal could return. I am considering a few altcoins about gameFI, short-term price increase or right trend to be able to find profits. No one knows for sure the victory and the time. |
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In my observation, we have bullish signals before the halving, that the ETF and opportunities created by capitalizing on the news, and the retail bearish trend is over, this is a good time to look close. , altcoin discovery, retail bitcoin trend holding at $42k as it continues this week would be a good buy signal. And then Hodl or continue to accumulate. There are more than 3 months left until the halving and I believe this is a good opportunity and time to consider buying right now.
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Maybe. It is clear that many people with conservative ideology ignore bitcoin in their reactions, some people differ from bitcoin approaches for various reasons, there are also many people who have heard about bitcoin but they do not dare to explore it on their own or they are simply not knowledgeable about issues related to the internet,... bitcoin has created a revolution but sadly, the reality is that there are still many people in the world who do not know about bitcoin. We have to admit this, maybe the future ưill..
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