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I don't think we can give an accurate answer as when will bull run start but we can say that it should take place somewhere in 2025 and not this year because we have Bitcoin halving this year, if you check previous bull runs it has happened the following year of Bitcoin halving. Again this is just an though process based on previous bullrun but no one can promise or commit it would happen in 2025 only as we may see it happening this year as well but if you ask me the most probable one would be 2025.
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Your approach towards the market determines the results you would get, there are traders who gamble in the market thinking they are trading, when you don't have a rule base strategy that you follow, simply you are gambling and not trading, plenty of traders don't have trading plans, and when they lose money they will come back and say that trading is gambling, but if you enter the market with the right approach, usually you will be in the winning side.
Thats exactly the reason why we have more losers in trading than winner as they are unable to distinguish between trading and gambling as they assume they are trading but any trade without a proper strategy is plain gambling. I think nowadays people have finally started taking technical indicators and charts seriously compared to past. But, we miss out an important aspect what made them think they can trade without strategy? I think they think if a coin dips it will pump and vice versa hence we are zeroing it down on lack of knowledge for this blunder. |
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This is each person's decision whether they want to take advantage or not. But taking a little profit to buy something you want is normal. We still hold Bitcoin and that is guaranteed for a long period of time until a new ATH is reached. And have cash reserves to repurchase from the sales profits. You have to be smart about how to manage, when to take advantage and when to hold back.
The market is close to getting bullish already. But the opportunity to buy more and hold more is still there, we just have to recognize the market well so we can maximize our preparation before bitcoin halving and bull run come. But for those who are already satisfied with their current hodlings, that’s also their choice. Or some would even wait for bitcoin price to drop to its dips, that’s also their choice. But as long as there are opportunities on hand, at least we should always take an edge if there also funds available for it. That's correct, as there is no need of buying without any strategy due to FOMO, I call into the first category which you have mentioned as I am satisfied with my holdings as I have accumulated a decent amount of Bitcoin due to DCA and I wouldn't be investing unless there is a market correction before the bull run. People need to plan a strategy and then go ahead with it instead of randomly buying or selling. |
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Sorry if I sound rude but I don't find any logic here, it's not easy job to shift from one country to another and what's the guarantee that the country you are relocating wouldn't have any problems or conflicts ? Ukraine is one of the best example as people used to go there to study MBBS as it was relatively safe but then started Russian Invasion, same goes with people who have travelled from their nation to western or European nations and still live miserable life. Good governance can change things nd leaving country and moving to another country is never a solution.
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Personally, I dont really think that we are going to see an all-time high this year, my bullrun prediction is next year to 2026, that is probably when we are going to see more than 100k$ in my opinion but for sure there are some chances that we might already break or right the all-time high next year, There was going to be a huge drop again in my opinion as we are getting near the Bitcoin Halving event I mean we could already see how the movement of the market is slowing down the upside trend cannot keep up anymore in my opinion, for sure there are still a lot of people that is going to be encouraged to invest or put their money on Bitcoin because the market price just continues to skyrocket but you might wanna think again about that.
Still, the market is just unpredictable, personally, I dont really expect for Bitcoin market price to skyrocket up to 50k$ but I guess the hype was just high already considering there are a lot of great Bitcoin news including the ETFs. For sure that could easily boost the movement in the market, still, I'm waiting for a huge correction or drop, in my opinion, it is still going to happen soon because the market is just on an uptrend in the past month we dont really see any correction yet, so probably a lot of investors and traders are already expecting this as a huge bubble.
This is something which most of the tenured users echoes, Even I though we might not see Bitcoin crossing $50k but there were lot of hype as well as the news of ETF approval and Bitcoin halving has brought in more money this pumping the price and I still believe there would be few correction phase before the start of Bull run. But if Bitcoin breaks ATH this year then equations may change. |
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Trading is very difficult but if you learn the right strategy you can trade in the right way. If you want to trade first of all you have to learn to be patient. Because the trading market is improving or declining. No one can succeed in trading without patience. Next you need to know about technical and fundamental analysis. Because you will not know when to invest and when not to invest if you do not analyze the market properly. Also investing in alt coin and meme coin should be satisfied with low profit. In this case, there is a possibility of losing everything in the hope of making a lot of profit. You should invest by understanding the market. If the market is bad, you should refrain from investing.
The most important factor is missing, as everyone wants to become rich through trading but they don't have patience and in hurry they end up taking wrong decisions thus losing it and lack of patience is the key reason why we have only few successful traders. Apart from patience the traders needs to test their strategies with previous month's datas and then choose the winning strategy. |
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One more scam everything is down their website is down, their social media channels are not up, telegram has gone bonkers and the trading volume is equal to nothing. I don't think there are chances of revival and it seems that the team has pulled out scam on it's investors which has become pretty common nowadays. I was just speaking about Terra Luna events on another post and now this. Sad we need to move on as nothing much can be done from this point.
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We need to understand one thing that we should never trust any politician they don't do things without their own benefit. As per the statement I don't think is any sort of acceptance but rather a pure manipulative statement and I think we shouldn't be quick in judging or trusting any politicians as it's all the vote politics and they can do anything for votes.
Majority of government and politicians don't like Bitcoin and crypto, you can understand that from the atrocious regulations laid by Indan government.
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When the Bitcoin was $1000 people would have asked the same question like who will buy it when bitcoin will be traded at $10000 or when it was $5K people would had same question but now people are still buying at $50k which mean even in the future people will buy Bitcoin and it's not like we are buying one complete Bitcoin but rather people do DCA or even buy only during the dips hence I don't think think it would be a challenge. We are still far away from $500k hence let's discuss on more relevant topics which would help the community.
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Like most of the veterans my first crypto was indeed Bitcoin and then I started making further investments with the profits and I don't used to do trading it was investment and when the value increases I will withdraw that profit and reinvest it into ETH while the initial capital will remain in BTC itself. The coin which gave me the most success in terms of profit was Ripple, Best season to earn was during the ICO I mean initial days of ICO where we used to get goo d rewards even on bounty campaigns and those coins used to reach exchanges unlike now.
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I don't want to remember that Terra Luna debacle because there were too many people that have been fooled by those who invested in them. And from that money of those victims, they thought that it was actually a good project and many did think the same but we all ended up being fooled by them. It's so hard to accept those moments that these projects that many seem to be optimistic with turned that they're just another project trying steal people's money. We've got all sort of genre for many projects nowadays because bull run is approaching, and I agree about AI projects too.
Let's not even talk about the whole Terra Luna episode as it just wiped out savings of so many people and I just cannot even assume how miserable their life would have become as people lost their life long savings, these projects are a clot in Crypto industry and also at the sametime reminder for us that no matter how good a project may look like it cannot be 100% secure. There are lot of genre to discuss for upcoming bull run but don't want to hurry up and end up investing into a wrong option hence would wait for a while to see how market shapes and will go with it as that's the wise thing to do during bull runs. |
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People might be aware that some of the esteemed and largest organisations are laying off their employees left right and centre, are we heading into recession? Because I have seen my colleagues getting laid off and it's been months they are unable to find a job. Either we are heading towards recession or globally companies overhired the employees post COVID hence clearing the additional manpower. I am bit convinced that it's like recession sort of thing and not sure to over hiring. Share your thoughts on this crisis which has left a good amount of people without any work.
Yep, many large and prestigious organizations are laying off employees, leading to concerns about a possible economic downturn. But I'm also not sure about the causes leading to this situation, issues such as the reason for layoffs due to reduced consumer demand, forcing businesses to cut costs, including human resources. Or that companies are over recruiting and unable to meet employee salaries, and the changes of recent years have forced many sectors to adapt to change in order to survive. Besides the problem of high inflation, it can affect consumer spending and force businesses to cut costs. The fact that many large companies are laying off employees may be a sign of some economic challenges, although the extent of the impact of each factor is still unclear, but there is still a strong optimistic attitude to adapt suitable for all situations. Definitely, there are some challenges these large organizations are laying off people I mean literally those who has helped build the organization and while being optimistic that the situation will change just like it did towards the end of COVID as we saw around 40% global manpower shift happened as people switched there were good opportunities but now the situation is different but the only lesson we need to learn from this is that we should never limit ourselves to 9-5 jobs and should have investments which should help us to cope up with such untoward situations in the future. Depending on job for all our needs will be like fooling us as companies can change us anything them wish and we need to be smart enough to understand this and have a back up plan. |
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Let me keep it short and simple, Yes it's good to get something in return while learning and It's highly appreciated. Now lets talk about sharing insights or gaining insights as there are numerous channels through which you can get insights but you need to validate those insights before putting your money into that insight. Try learning from scratch like how to read charts and different kind of technical indicators as these will help you to know how trading works and then try checking the probability of win rates in the insights shared through different channels then you will be able to decide which one to pick but as long as you are good at understanding indicators you will be able to make big else it's just random info shared by anyone over internet by terming it as signals or insights.
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I think you got it all wrong, I mean why would Bitcoin take further influence over Fiats?
I would like to clarify that the Bitcoin was not created for this purpose to compete with fiat or any other asset or even as any mean of investment but rather Bitcoin was created as an alternative to fiat and it doesn't have to compete with fiat as the job of Bitcoin is to enable P2P transfer without involvement of any financial institutions.
We have forgotten the basics and just getting confused, let's understand the core of Bitcoin because we would only be fooling ourselves with such expectations.
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Absolutely The valid point. No one can love a children more than their parents. Teacher or others person just do thrir formalities and nothing else. But only partners grow their children with love and responsibility which create strong bonding between them but they are many parents who don't want to grow there children but send them to the Boarding school. And yeah prayer could be the strongest weapon cause thus a children can become responsible, discipline, well behaved, aware about good and bad things from his childhood
This is not always right everytime, there are parents who had abandoned their children for a very long time without caring for them. Since we have good parents, we also have bad parent and we must try our best to make sure that we differentiate between the two. The society is the one that trains children not just the biological parents. That is why they would always have to go to schools and learn behaviorally to be well suited for the society. I second your though as I have seen this happening with a lot of my closed ones even my colleagues as they are way too occupied with their job and the running behind money which they do in order to provide better future for their children but at the same time they forget that spending time with their children is also very important as I have seen parents literally crying and regretting because they were too busy with their work and their children found solace with some random people who introduced them to drug. To cut a long story short we need to focus more on our children as we can earn money even at later stage but cannot relive the past and correct the mistakes. |
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We are now in the middle of the crypto Era. Before 2017 it was beginning of crypto Era and the crypto revolution attract the attention of investors,traders and many other from all over the world. Hence Blockchain is open for all and everyone can start their projects here so many devolpers worked on it. In this way the limited crypto idea become more wider and NFTS,Metaverse start the new ERA. Gaming is now also changed to crypto friendly and in these 3 years so many gaming project launched which offer high quality gaming. Crypto offer world wide trading without limitations. crypto is for both present and future but I think its full potential has not yet realized. Full realization depends upon the adoption, technological advancement. It will tooks some times for widespread of crypto and Maybe we have to wait longer but still crypto have got some advance realization.
Correct, it's gonna take more time as we are just looking at the numbers in tes of crypto users but there are still majority of people who haven't used it ever and what will define success of crypto is not the value of maret capitalisation but rather the adoption ratio, let's say it's worth huge but majority of them are accumulated by big corporates then it doesn't make any sense as it won't be of any good to us if major uses are industry player but rather it should be ordinary people like you and me and we can call it as era of Crypto when it's widely used by average people. |
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This is worst I never though government will stoop to such low in restricting people to earn some additional amount and I wouldn't blame the government but rather the citizens of India for voting such illiterate government and politicians to power and now it's time for payback.
But, really disheartened to see how government is trying to eat up to any profit which a traders make with so much of mental stress and hardwork, it's not a fair thing and if government tightens it's noose we cannot do anything ever unless they decide to change their mind. I hope it's just a temporary restriction until the 2024 election to avoid circulating of funds through crypto.
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People might be aware that some of the esteemed and largest organisations are laying off their employees left right and centre, are we heading into recession? Because I have seen my colleagues getting laid off and it's been months they are unable to find a job. Either we are heading towards recession or globally companies overhired the employees post COVID hence clearing the additional manpower. I am bit convinced that it's like recession sort of thing and not sure to over hiring. Share your thoughts on this crisis which has left a good amount of people without any work.
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It will definitely hit 1M, but yes we just don’t know when. It can happen in 1 year or 10 years also. Everything depends on the demand raised by the people to accumulate the coin. Few years back no one thought Bitcoins will cross 1000$, but currently Bitcoins have become the most valuable digital asset. So we just need to keep calm and show faith in the coin. Just accumulate and hold it for few years. Definitely you will see the profits.
Most of us knows that Bitcoin will hit $1M but the real question which no one could answer is when? When would it hit that figure? Because people are impatient and even if they know that Bitcoin will touch $1M in ten years and if there is a slight drop in price they would end up selling out of panic. I don't think most of us would hodl Bitcoin from now until $1M. Best would be doing DCA until it reaches $1M but with our own deadline as we might not be able to wait our whole life. |
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Sorry to hear about the health related issues and wish things get better with your health and just like how you because financially independent I wish the same for health.
Your story should be a lesson for those who wants to invest into Bitcoin as they just do it due to FOMO and end up selling due to Fuds and luckily you didn't withdraw during loses but most of them end up withdrawing.
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