Yes, you can also sell using the DCA approach, but the same rules apply. You will do the selling regularly or in regular intervals regardless of the price.
Selling with a DCA approach will not seem much different from routine selling of the same asset, but I only use DCA when buying because it can help me a little in terms of getting Bitcoin at the price I really want. As for selling, I usually do it in two sessions or I divide it into two parts if I don't want to release everything into the market at the same time. I'm reacting to how DCA is done as if it is like trading, like when you think the price will go down further, then you will put off the buying and when the price looks like it will rise, then you will buy. I think this isn't DCA anymore. If you buy and sell depending on your analysis and predictions, how can this strategy be DCA?
The DCA strategy is a strategy that is currently very commonly used because it is known by many people, while what deviates from this strategy is a personal strategy that may not be included in DCA. So this is where we can see the difference and as long as each strategy used can be very profitable and there are no difficulties in implementing it, I don't think there is anything wrong with either of those things. |
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i think bitcoin will get more and more users but I don't think that it will used more than fiat. it seems that bitcoin will become the best alternative currency replacing paypal and other remittance service. I agree that bitcoin can help unbanked people in poor country, also those people will get at least two benefits, first they can store their wealth safely in their wallet , second their wealth will grow as bitcoin price is increase.
Bitcoin will indeed get more users over time because of its increasing popularity among the public, so that the use of Bitcoin can also increase every year. But it's true that on the other hand I also don't think that the use of Bitcoin will be the same as fiat or exceed the fiat that has long existed in society, because it is also influenced by the total number of Bitcoins that are known even though there are still leftovers that have not been mined by everyone. Bitcoin can indeed be the best option for transactions other than fiat, because several wallets that support Bitcoin have made services for Bitcoin more and more so that it has made it easier for everyone to use it quite comfortably and safely. For example, as you mentioned, people in poor countries can also have wallets to store Bitcoin even though they will not ignore fiat in their lives. Now, from a number of these things I also started to think that in every cycle the price of Bitcoin itself will tend to increase even though it is still accompanied by a price correction in the market. |
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I was wondering that people are saying, Bitcoin will always make higher highs but I was thinking that maybe it should go it's all time high and never go back it's all time high because there is a treen fo everything but still Bitcoin trend hasn't been started though.
If you ask about the highest price that Bitcoin has ever reached, you can check the price of Bitcoin in 2021 because that year the highest price of all time occurred for Bitcoin. But if you ask about the unprecedented high price of Bitcoin, I will be quite difficult to answer even though some people say that in the next year there is a possibility for Bitcoin to pass the highest price ever achieved before. However, the exact figure will always be difficult for everyone to guess because reaching $70K alone is already the highest price of all time for Bitcoin. |
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For people like us who still struggles to invest money on Bitcoin I want to know if one day, 1 sat can ever cost as much as 1 cent? Is this possible? Sorry I can't afford to dollar cost into Bitcoin like everyone else, it's very hard for me, all I need is hope.
Basically everyone needs good expectations in Bitcoin and you don't need to worry about the price if you already know that there are many people who like Bitcoin now so that the hope you want may not be gone and it is clear that it is very possible to happen if Bitcoin buyers can continue to increase every year. Moreover, what you are asking is something that is not impossible to happen to Bitcoin even though you still find it difficult to invest money in Bitcoin due to certain conditions. I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too shamed to call a number.
What you have done is actually quite good for you because you have really tried to be optimistic enough to make an investment even if only once every two months. And if you can be consistent enough with what you have done, I'm sure you will find good hope in Bitcoin as long as you don't feel doubt and panic about the current conditions. Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day?
All buyers have the hope of winning and making a profit as long as they can be patient in waiting for profits in Bitcoin, and this not only applies to those who buy in large amounts, but those who buy in small amounts will also have the same hope. So don't hesitate to continue learning and placing money into Bitcoin according to your current abilities. |
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You are right, the problem is that others don't have the capital for the small business they want. But it is said that if you want, there is a way, and if you don't want, you will make an excuse not to do it. Real estate is good if you have the capacity to buy a lot. So if ordinary people are employees who earn enough and just right, they can't afford to do that.
I also very often find facts like that in life because some people who are still lazy to do small business in their life will always have a reason to give to others when someone asks them. But it is precisely the opposite for those who are always happy to try to run any business in their life as long as the business can bring income to them. Now, whether a person has knowledge of trading online or not, that is not good from my point of view. Just like we do here in the field, we live in cryptocurrency. In this era, we can't be lazy if we want to have a good future, we really need to work hard for our loved ones or family.
First of all we must be able to work hard for ourselves before we think about other people even if it is our own family. Because if someone is still unable to get rid of his laziness to continue working in life, he will always find it difficult to make whatever progress he wants. Now there are many ways that anyone can do if they want to invest and this doesn't only apply in the crypto space, but you can also invest in other things as long as you have the ability as you said above, namely in real estate. But the crypto space has also become a very good ground now for everyone who wants to increase their income in life. |
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I am planning to sell most of my holding around the predicted price because, after a bull run, trends suggest a prolonged market correction, so I will reinvest when the price is down.
The pattern that you will do is indeed a good pattern because it is closer to trading or investing in the short term. But for now I still don't think about a prolonged price correction because the predicted price increase has yet to occur in the market and I'm sure it will happen before the price correction you mean. Of course, this must be supported by high demand and the issue of negative sentiment regarding BTC starting to grow and the SEC starting to give the green light to digital currencies for sure. Yes, that's a good step, but if that's the case, your assumption is entirely your right. However, if it is more beautiful and there are more take profits, it can be held for some more time as long as it is not urgent. If the timing comes, it means it is time to sell and you have gotten your feet wet with Bitcoin.
Now, indeed, many people are interested in Bitcoin after the green light from the SEC, so it is possible for everyone to continue investing in Bitcoin before the price increase occurs again. Because new investors will also appear this year in Bitcoin without reducing the old investors who are still happy to take advantage of the moment of price decline this year. |
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Memang sering melihat perubahan harga yang terjadi secara tiba tiba seperti turunnya harga btc dalam dua hari ini dimana hal tersebut bisa mempengaruhi mental kita jika kita memiliki mental lemah dalam menghadapi kondisi seperti.
Mengingat tentang mental, hal itu biasanya lebih mudah dialami oleh para pedagang baru atau Newbie yang sedang belajar berdagang karena mereka pasti belum siap secara mental meskipun mereka sudah lebih siap secara modal yang berupa uang. Namun mereka juga harus lebih siap dengan mental serta ilmu-ilmu yang bisa mendukung mereka untuk berdagang dalam jangka panjang karena kedua hal tersebut juga merupakan modal awal yang harus mereka miliki selain uang. Selain uang yang kita gunakan adalah uang dingin tentu memberikan isyarat besar kalau kita sudah siap melakukan perjalanan investasi dalam jangka panjang dan tidak akan terpengaruh oleh suatu keadaan apapun misal seperti crash besar.
Kalau untuk investasi dalam jangka panjang seharusnya bisa disikapi secara lebih santai ya om, apalagi kalau investasinya pada aset seperti Bitcoin. Tetapi yang menjadi perbincangan dan pengaruh sekarang ini adalah tentang trading om, yang sebagian orang masih suka melakukannya dalam jangka pendek meskipun juga bisa dilakukan untuk jangka panjang selama bisa terus konsisten dalam menjaga modal dan meraih keuntungan. Meskipun bagian keuntungan adalah hal yang tidak bisa didapatkan secara lebih mudah. Trading aset crypto juga harus di landasi oleh pengetahuan kita tetang kemajuan yang terjadi dan selama ini mungkin Web3 menjadi kemajuan yang cukup di perhitungkan untuk proyek proyek itu, So pilihan investasi mungkin akan cukup menjanjikan untuk melirik proyek yang berada di urutan atas dalam kemajuan mereka di web3.
Apapun pekerjaannya memang harus ada landasan pengetahuannya om supaya kita tidak tersesat, apalagi kalau hal itu adalah tentang trading yang memang langsung berhubungan dengan pasar dan uang kita sendiri (Karena saya juga berpikir kalau uang pinjaman memang bukan disini tempatnya). Jadi pengetahuan dan penelitian terhadap hal-hal baru yang ada pada ruang kripto memang harus dilihat juga meskipun tidak selamanya juga hal itu diperlukan. |
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These are ways we can easily use money wherever we have such necessity. But to save them we have to do more than just keeping them in fiat. Because fiat money is not a reliable asset, it tends to inflation or deflation, it also inclined to be destroyed or blocked or lost. And you cannot be sure, that you will have access to it, when you need it. That is why you should concider other ways precisely for saving, and it can be investing included.
If you remember that current economic conditions still tend to change and have not fully improved, it could indeed be very good if you consider saving in other ways besides saving money. But this option to save in other ways is only often used by investors who want to save the value of their assets into stablecoins besides continuing to invest in property and Bitcoin. Whereas people who don't like investing in property and Bitcoin will make their savings through gold if they don't like saving money in cash in their lives because of inflation or deflation that can arise at any time. |
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I think that the events of recent years have had a negative impact on almost all countries, so it is not even necessary to ask in this forum whether food prices have risen in their countries. Coronavirus, dramatic global climate change, Russia's war in Ukraine, numerous cataclysms around the world lead to a sharp jump in inflation in all countries.
Some of the events you mentioned are events that really had an impact on the market and economic conditions because in fact it has been seen in the past that during the corona situation, dramatic global climate change, and Russia's war with Ukraine have had a special impact on the economic sector. So that there was a surge in the price of goods which could not be stopped by any government at that time and is still having an effect now. Agriculture due to climate change is now generally at high risk, farmers will suffer losses, so the situation with food will continue to worsen.
This does exist and has happened before, but not all farmers have suffered losses due to climate change because there are some farmers who cultivate crops in a different way after they see others suffer losses in the food grown by other farmers. So only some of the farmers experienced losses while the rest could still be said to be doing well even though they also did not get large profits. |
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Even if we had more time, that would be unlikely. Because if you look back in history and believe in a 4-year market cycle, that won't happen this year. Moreover, the world economic situation is very bad and it negatively affects all aspects of our finances, people are struggling with daily life, don't expect people to invest at this time. Unless we have huge news that could help bitcoin hit $69k this year. Also, don't set such high expectations.
If we look at the history of the market cycle for every four years. So the price increase will start next year not this year because the all-time high increase has occurred in 2021 and this year clearly has not reached a four year cycle as has happened in history so we need to expect it starting next year even though not immediately for $69k. But at least you can see better price improvements next year by not ignoring global economic conditions too, because there is an impact that when economic conditions become increasingly difficult in life, there will not be many people who are able to invest in anything. |
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Yes what a surprise dip already, some of the things we all speculated in the previous month didn't happen, some of us said Bitcoin will hit $30k, $40k or even $50k but here 1st of September 2023 and the price has dipped from $30k to $25k and I feels that the price will still dip below this same amount but maybe before the end of the month of this September I believes that the price of Bitcoin will rise up again to maybe above $30k to $35k.
The price level that is often seen in the market is still not much different even though every month there is always an increase and decrease in the price of Bitcoin and in general I am still very confident that the price of Bitcoin will return to the $30K level and could be more than that even if it is not to $35 K in the near future. Because we also have to see how much encouragement Bitcoin can get this month through several news and events that have previously occurred and can influence the price of Bitcoin in the market. |
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Disclaimer. In the past, I was taught to save, but my parents always had a shortage of money. So all my savings are always used for living needs, but it's true that we never learn to save for a goal, but usually when we're little we have the money we save to buy toys but that's not allowed. Immediately when we have our own money from the results of our new job, whatever we want we can buy, but on the one hand, sometimes there are times when we are still not free and don't think about how to get more money.
If you make a disclaimer about saving or saving money for a purpose or with planning for something, you should also differentiate between your own life after getting a job and life when you haven't got a job so you can see the difference in your efforts to save. That's what your own parents have said, maybe they have felt bitter things that they don't want to happen to their current child. So they tell you to save in life for a better purpose in the future. But now that I'm getting older, I just understand how to avoid spending too much money and still have to be disciplined. Including as you said prevention and ensuring that our money is spent on things that are commensurate with income. Now I apply a financial pattern of 40% for basic needs, 40% for investments, 10% for hobbies/holidays, and 10% for emergency funds. Emergency funds are very necessary, even though these funds are rarely used, these funds are very important because they can be used in case we suddenly experience difficulties and disasters.
The pattern and percentage of financial distribution that you apply is not bad because maybe other people also do things like that even though with a slightly different percentage. Placement of spending money on things that are worth it and things that are needed is the main foundation for everyone to be able to apply the pattern you said. |
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Trying to make someone buy Bitcoin or any investment is not a good idea. Why? Well, because these things can be pretty tricky. They can make you money, but they can also make you lose it just as fast. Everyone's got different money goals and how much risk they can handle. So, it's better to let people decide on their own when it comes to investing. Give them the facts, let them think it over, and support whatever choice they make without pushing them into it. That way, they can make the right decision for themselves.
First of all, any investment is something that is completely free to be done and chosen by anyone as long as the person who chooses and does it really understands the method and the risks. Apart from that, the investor himself is also very familiar with the asset he has chosen and has also done some research in the past on that asset so that he can be quite comfortable making a decision at this time. So this kind of thing is not a compulsion nor is it a bad idea to do it because it is already based on very wise methods. Remember, it's their money and their future, so they should have the final say in how they want to handle it.
Those who still want to remind you have also started and are making their own money so you don't need to assume that every carrier of information about Bitcoin and investment is out to take your money. But they could just tell everyone about it by making up their own minds after knowing it, so this is also something to keep in mind before judging other people's information. |
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Gambaran secara umum tentang "Crypto adalah sarana untuk mendapatkan duit gede dan instan" sangat menarik dan lugas. Poin-poinnya sudah sangat jelas sekali bagi pemula yang ingin berkecimpung dalam dunia Cryptocurrency, dan tentu apabila di jadikan sebagai dasar untuk menentukan pengambilan sikap sudah sangat bagus sekali. Disisi lain, saya kira pendampingan seorang teman atau mentor dalam mempelajarinya juga sangat di butuhkan, sebab sudah berpengalaman dalam bidang ini.
Pemikiran dari sebagian kalangan tentang Crypto adalah sarana atau tempat untuk mendapatkan uang yang banyak dan instan adalah pemikiran yang sangat biasa saja, walaupun memang benar demikian tetapi untuk para pemula yang langsung berpikir seperti itu akan lebih mudah terperangkap ataupun terjebak dalam penipuan ketika mereka langsung percaya pada siapa saja tanpa mengutamakan penelitian sendiri terhadap hal-hal yang menyangkut dengan Crypto. Meskipun dorongan yang langsung kepikiran tentang uang instan di ruang Crypto juga bisa membuat sebagian orang untuk mau belajar demi bisa mengetahui lebih banyak tentang Crypto sehingga menempatkan mentor sebagai petunjuk awal memang dibolehkan walaupun saya pribadi tidak mengutamakan hal itu didalam ruang Crypto. Saya pribadi sangat setuju bahwa Crypto dapat menjadi salah satu sarana untuk mendapatkan uang, namun tentu tidak dengan cara instan. Sebab semua membutuhkan proses dan tahapan yang harus di lalui, sehingga akan menghasilkan uang pada akhirnya.
Menghabiskan uang dan waktu untuk sebuah pembelajaran atau untuk mengetahui cara mendapatkan uang yang lebih banyak adalah hal yang sangat wajar karena secara umumnya proses belajar itu adalah bagian dari cara yang harus dilalui oleh setiap orang sehingga bisa saja ada sedikit pengorbanan berupa uang demi memaksimalkan ilmu yang bisa kita dapatkan, apalagi kalau hal ini adalah untuk memudahkannya dalam mencari uang di masa depan, jadi tidak akan salah jika harus mengorbankan sedikit waktu dan uang. |
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Yes, the price of bitcoin is not rising soon. Because Bitcoin price index movement is very slow. It's been around 30k for a long time now, it's never going to break 30k. It is currently priced at 27k and seeing the upswing in Bitcoin price we clearly understand that it will take more time to cross 30k. So the price of Bitcoin is not rising soon.
The difficulty of increasing Bitcoin during this month could be because there are still more sellers at the low price and fewer buyers at the much higher price. I think that is a very appropriate reason to say because when the sellers at low prices are still greater than the buyers at the moment, it will certainly make it difficult for Bitcoin prices to increase in the near future. But the potential for an increase in the price of Bitcoin itself is still there and will never disappear in the market as long as people who believe in Bitcoin can continue to grow and have no doubts about continuing to own it in the future. I still believe that the price of $30K will pass even though it won't happen anytime soon, but it will definitely happen again to Bitcoin even if Bitcoin has to take a longer time to make that move. |
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The argument from the citizens of these African countries is that France is only concerned about exploiting raw materials and doesn't care about the development of the local economy. Others are also stimulating that these coups are sponsored by some external forces that want to replace France. What is the economic effect of the coup in Gabon on the global economy?
Residents who made such arguments were probably because they objected too much or were angry with the attitude of the parties from France who were only concerned with the exploitation of raw materials for them without considering the prosperity in the region. And it's possible that the coup had something to do with the unused workers of the people there so they woke up and made a coup to stop the operations of the company. I think the government needs to look into this matter if it still wants the company to operate as usual because the impact on the economic sector will also be very clear if complaints from the residents themselves are not responded to and the residents also want the opportunity to work there as long as the company can still be operated. So this coup could be very bad for the economy if there is no wise solution, especially as it relates to raw materials for producing steel and batteries. |
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I just thought of this, and I want you to view it from your own perspective. As everyone hopes that more people get to believe and use bitcoins, I think bitcoins can gain more new users on a large scale if anyone (whales ) can place their advert through a popular football club just as some companies do sponsor football league. I think this will send a strong message to billions of people across the world who do know but does not embrace Bitcoin usage.
Let me site another example, let's take for instance, a club announces that they will pay their players in BTC. This news can also help people adopt BTC.
Something like that could indeed be a promotional event for Bitcoin, especially if each sporting event is the sport that is most popular with everyone, such as football. Of course there will be a special influence or encouragement to make some people use Bitcoin and exchanges that sponsor a club. In addition, large companies that are willing to use Bitcoin for certain things will also be in the spotlight for many people because it can make people's trust in Bitcoin increase over time. |
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It would be difficult and there is a very thin possibility of bitcoin crossing $69K mark by looking at current market situation unless it pull out a repeat of 2017 where the bitcoin was trading around $1k at the initial days of 2017 and then it was trading at $4k during August 2017 and eventually crossed $16k by December 2017, hence possibilities are there only in case of bullrun, else we have to wait for little longer as it will gradually happen. At the moment unlike 2017 where we were on upward trend we are on downward trend hence I don't think hitting $69K will be logically possible.
This year leaves just one more quarter or so for another four months and that is a very short time in my opinion to achieve a large increase in Bitcoin. And for the time example you said it was an example of a full year's duration so there were some significant increases seen, while this year there was so little time that it's likely not going to be enough if it's targeted at $69K from the $26K price that is currently still visible in the market. So that kind of example is less worth mentioning now because market conditions and the influences that can bring change to the market are very different at this time, but I'm also still very happy to wait for the return of the bullrun in Bitcoin so that everyone can see higher prices again in Bitcoin even if not in this year. |
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I am a small investor but I am not greedy but just like I said Elon is after money like anyone else in the world because its the necessity. And I am not criticizing at least that was not my intention that's why I also included in the first sentence that market is open for anyone so either they sell or buy or hold they have no restriction on making it public.
Because everyone has the freedom to access the market and enter the market in their own way, be it to buy, sell or hold after buying. So there's nothing to look at or argue about with that because everyone is capable and has a way to earn money in any market, it must be considered as a proper thing and doesn't violate anything and Elon Musk himself often uses his own strategy in finding money is also not worth saying bad because he did all of it based on the ability he has at this time. So what you're saying, I think, is clear enough. Not every money maker is greedy and not every greedy person is money maker too. And Elon made moves which to some people are greedy and to some are not. Because greedy is a characteristic that based and labelled by different minds with different ideas. Means its distinct property not everyone must have the same thoughts about greedy.
The understanding of greed according to the thoughts of each person is not a reference that must be seen because some people only judge other people as greedy when they are unable to do so in the market or in any economic sector. So it won't be specific enough because it's only born by the minds of weak people, so I agree with the alignment you said that greed shouldn't be seen from the amount of money someone like Elon Musk has earned or through the amount of property someone like Elon Musk. Because what Elon Musk has now is thanks to the pure efforts he made in the past so that he was able to achieve extraordinary developments in his life. |
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