I believe investing in bitcoin is as safe as investing in any major hedge funds. The volatility of bitcoin gives a kick and it is pretty unpredictable where it will go as this market is yet to reach its full maturity. Yes it is quite safe as, it has achieved a size too big to ignore, and we are seeing its increasing day by day.
Although bitcoin does not have an official company, bitcoin is very much loved by almost all people, even every year there is always a significant increase, even bitcoin has been operating for more than 12 years, no one has ever been deceived by bitcoin investment, so until now I are still comfortable investing in bitcoin. those who feel cheated by bitcoin investments are those who are less knowledgeable about cryptocurrencies, and are usually beginners who want a quick return with a big profit, until they finally buy at the top and the price undergoes a correction that no one knows when it will end. thus they say that bitcoin investment is a scam. this happened a lot in 2018. but for those who already understand bitcoin it will be fine to see the price reaction, because they believe that bitcoin will be more popular and increase its price later |
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I really believe in the new world economy. This is very beneficial for China, I think they will promote it. Now gas is bought for Yuan, India also buys gas not for dollars, some European countries are ready to buy gas for rubles. Everything is moving in this direction. It's very interesting what the end result will be!
dollar domination soon or later will shifted to another currency, and current war be the moment for this. several countries , especially Russian friend agree to use Rubble as payment currency,. i am believe this war will not stop here, we will see another trade war between Russian alliance and also US alliance about world currency. interesting to see what will happen to CHina and India do after this, as we know they could not easily dictated by US. the dollar seems to be no longer relevance as a standard world currency, where they seem to show the economic strength of their respective countries, and indeed there is nothing wrong with that, because this is a trade war, and again of course the usa will not remain silent, even though at this time i Seeing that China seems to be the mecca of the world economy, because there are many countries that need Chinese products that are able to compete with other countries, even products from each country itself. |
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with each stable coin having its own blockchain, so it is clear that there is competition for investors and they profit from using the blockchain, of course the need for fees will be higher. I think it is difficult to unite, considering this is a business competition with the same field that will never unite. but I think each choice will have its own consumers, while those who are not able to compete will be degraded, isn't this a positive competition to pamper consumers, because of course they will improve services to get consumers
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bull market usually begins with a good increase in the price of bitcoin, until bitcoin finally consolidates. After that, the altcoin season will come and we can choose potential altcoins to invest. especially if only bitcoin is experiencing a pump, making it easier to identify the altcoin season. but unfortunately it is difficult to choose an altcoin that will experience pumping, because it depends on the whales who will choose it, at least by choosing the top altcoins we will get a profit
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hopefully this year the cryptocurrency will soon show a reversal and continue its rally. we know 2021 is a moment that doesn't cross our minds. Hopefully the 4-year period will not be a scourge for the development of cryptocurrencies this year, considering that this year and 2018 are different. In the past there were still many people who did not understand bitcoin and there was a lot of bubble news. but not this year, where development is very healthy. and then we hope the price spike will happen soon, and it can happen to any coin sponsored by investors
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Don't consider the family's economic difficulties as an obstacle and finally decide to divorce, I think that's the art of our life and marriage. indeed money is not everything, but many things have to be solved with money. therefore communicate and fight together for a common future, until when we reach our goal, then we will feel the happiness of life, even though the test will not run out and be finished after we have a lot of money, of course there will be other tests. Therefore, in this case, it cannot be separated from the way we respond to problems, not running away from the problems of married life
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Crypto education is optional education (not mandatory) that we can give to our children, but there is nothing wrong with giving crypto education to our children because then it can make our children's knowledge wider. but of course basic education such as reading, counting, and respecting others is the main education that we must give to our children because without basic education all knowledge that he has will be in vain.
Agree, children are the most precious treasure that God has entrusted to us. Give knowledge and guide him to be ready for bigger challenges when he grows up. Children must be independent, able to take care of themselves, excel and understand everything we teach. Children are like a hammer in a toolbox, if they are only stored (never used), they will only become a burden in the toolbox. But if we provide knowledge that can improve the quality of children's understanding, then our lives will feel light and easy because it can provide a balance in the family economy. Basic education is indeed the main menu to be taught to children at an early age, especially moral education, which at this time we see many people who have knowledge but have no morals. this is related to mental formation from now on, so that in the future they know what to do and what not to do. after that we gradually introduce what we have to teach them including cryptocurrencies, and for its development, let them decide for themselves, just as if we are good at trading, not necessarily our children will follow it, even though we have excess knowledge. the time has come for our children to determine their own path in life, and the task of parents is to support them to success |
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There are many tools and indicators all traders use to predict the market and buy and sell assets! When most people use the same tools , there is no more competitive advantage between them and everyone one will act the same! They receive the same signal and same prediction! Thus there is no contrast in the market technically , we believe the market is not running technically like before and we are expecting major changes , What do you Think?
There are no major changes actually, the market is always repeating its behaviors, either it goes up, down or sideways. But what keeps on changing are the market trends and events. And they create significance as they make solid bases on how to deal with the market. This is why we have to keep updated with them so we don't have to face frequent losses from our investments. The tools and market indicators are just the same, its only on the trader's perception on how to create initiatives to take advantage of the market. it is true that the market will repeat its behavior, uptrend, downtrend and side ways. but what can't be predicted when it will happen, like last year 2021, we don't know when it will happen again even though we believe it will repeat itself and even jump higher and form a new ath. even for the decline, to what exact price, we can only predict. therefore the safest thing is to follow the current trend, unless we know a reversal trend, it might be better to make a bigger profit by getting the cheapest purchase price |
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and the answer I will give is that I or most people still can't fully accept bitcoin. Bitcoin is only a speculative digital asset and only holds or buys when the price is cheap in our opinion and sells it if it makes a profit.
For the challenge of being someone who has diamond hands and is full of patience for years, it seems that it does require a strong mentality and with capital that really won't be used for anything other than Bitcoin investment. It's hard to hold onto years and pass some ATH.
I am familiar with Bitcoin since the price of bitcoin is still under $3000 and I once owned around 10BTC or maybe more and sold it around $4k-$5k.
If hold up until now and have a Diamond hand of course there will be many advantages in my hands. But being a diamond hand is very difficult.
The capital part is one of the hardest parts when you are not a rich person. I believe that I have "diamond hands", which is basically the fact that I do not ever feel the need to sell my coins, not when they are down, not when they are up. I didn't sell when I made 10x profit, I didn't sell when I lost 50% of that, and I am not selling now and I never felt the need to. However, previously I had situations where I needed to sell it, for some personally reasons. The fact is that I may save money every month, I may not need that money, I can feel like that money is money I can afford to lose and move on, then life happens and a sudden very big expense comes along, and you spend it all at once. That is why going from pleb to rich is so hard. if we know in the future, maybe now we have gotten a much bigger profit. But mentally who doesn't waver at the big profit at that time, and maybe we rarely find that profit in other investments such as stocks and forex. so for me the most important thing is that we have set targets and have been met, rather than we are losing money as experienced by many people who experience panic selling. maybe selling some and holding back some will gain our mental strength |
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I use a strategy according to market conditions. Actually this is too sudden but before that I have prepared several strategies that I have predicted by doing market analysis. If it turns out that the analysis is wrong, I will immediately change the strategy quickly but precisely. Yes, usually profit and loss have become my food, especially when I started trading. I was full to lose, but as time went on I began to understand little by little market conditions, learn from previous mistakes and think long and hard to determine a way out in a very difficult market. fluctuating. I'm sure if you can be consistent all that can be passed.
If you could arrange your own strategy based on what you think market is doing, then that matters a lot and should matter a lot. I do not think that it should be that much of a big deal, because in the end all you are changing what you do but in a way that is impacted by the market. So, what we need to do right now is that focus on what the market tells us, if it is going down a lot faster than usual, do not buy right away but wait for it to stay around the same price for 2 days and buy there, if it is going up then let it stay there and for a whole week wait for it to stop, then sell it. Keep doing this all the time and you will profit like crazy. when the price is consolidating, this really makes it a support to buy it. but this will also have a risk, where if it breaks down it is possible the price will go back down. but indeed by doing this strategy, we can minimize losses, and if the price breaks above then we will be safe and see big profits waiting, especially if there is a rally, so we can sell some of it and keep holding it for the medium term or long term, that way our psychology is awake |
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as long as there is a war that causes damage to infrastructure especially those related to the internet, bitcoin cannot be used. especially if there are wars in all countries, of course the priority is food and safety for yourself, so as a people, you certainly don't think about assets. Even if they have assets, they will use them to migrate to a safe place or buy food for supplies. at that time it seemed that the main asset was food rather than bitcoin, food became gold
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buying bitcoins seems simpler and after that we can do other activities, this may be different from mining which requires treatment to get bitcoins. for those who have a lot of money then investing in bitcoin can guarantee their future, in contrast to mining which requires large capital and maintenance at all times, of course we must have knowledge about mining, but this depends on the skills of each individual. if you want regular income, mining is an option
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in 2021 bitcoin has reached its highest ath, and whether this year it will again print a new ath, no one knows for that. if you look at 2017 after reaching the new ath that year, it took 4 years to go back and surpass it. but for this time also can not be concluded we will wait that long. but what we know is to be patient until that time comes, because what is certain is that it is very likely that bitcoin will reach its new ath, maybe not as long as before, because the current situation and conditions are different.
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Will there ever come a time that the government reaction to crypto will be encouraging for the people? Lately the head if international monetary fund Christine lagarde stated that regulatory action from the international community on crypto is inevitable ..what do you think
Crypto already reached a thrillion dollar marketcap so regulators will surely knocked on crypto doors since its a huge free flowing money that still untapped by the government for tax purposes. More people is startig to enter in crypto and more fiat money are flowing so I really believed on the regulators stance on that matter. We need to accept the fact that there will be no fully decentralized idea as long as fiat is still involved in all our transaction. Crypto need to not fully dependent in fiat to become free from regulators hand. Although I disagree with all your points. But obviously, getting rid of fiat inside centralized exchanges will be a must if the government wants to change the regulations, the controls will be there. government regulations will quickly come under pressure to change. And the market reaction will determine the behavior to win -> The decentralized world will be there along with the times, of course something that can be seen as more profitable will be used, as is the case with cryptocurrencies which initially had a lot of opposition, but this faded with the times. like venezuela, this time ukraine and russia, and in the future i don't know what else will happen that can bring cryptocurrency to be regulated by the government. |
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The Russia and Ukraine war is both economical and ideological_cum_political. It's economical in the sense that Russia has other neighbouring countries it shares borders with, why haven't Russia made occupation of part of these other neighbouring countries except Crimea in Ukraine. Crimea has been resourceful to Russia since it's occupation, only the gas alone it supplies to Europe is enough advantage to Russia's economy , not to talk of the seaport.
This war only seems much ideological to many , in that, the ideological_cum_political part of the war whereby Ukraine took the decision of joining NATO is what brokes the camel's back, in which the war then got aggravated and situations heightened.
I think the main reason why Russia has not messed with the neighboring countries is because they have let them know that they will not join either RUSSIA or NATO, the biggest problem of all was that UKRAINE has expressed the idea of wanting to join NATO, for its part it is easy to give as a country like Finland, they declared themselves neutral, however Putin sent their respective threat to them and Sweden not to get involved because it could go very badly, so the Russian rule reaches those countries whether they like it or not, and Ukraine was also the heart of the Soviet Union, in some way this country represents being of great interest to Russia. geographically also ukraine seems to be in front of the gate of russia, and this is as putin said. Putin believes that if he is surrounded by enemies in front of his house, of course this is a threat to Russia. this happened since ukraine will join nato, whose ruler is a big enemy during the second world war. so for this war I think the biggest cause is ideological views |
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Mr Putin in a statement with the french president Mr Macron has made it clear that Ukraine shelling will only end when the Mariupol lay down their amours and surrenders. i am scared this might be a gate way to world war iii. Plans on evacuating civilians from the city is still in progress and so far lots of lives has been wasted through this inhumanity by the Russian leaders both have their own reasons for defending their position, so that if one of them has not got what he wants, it seems that this war cannot end. on the other hand, the presence of intermediary countries to bring together the two countries in the diplomatic route will be very important, so that later an agreement is reached which is witnessed by other countries. If this continues, it is possible that the allied countries will interfere and the war will spread. What is expected is that diplomacy takes precedence |
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even though they have the same trading basis, namely buying at a low price and selling at a high price, but there are indeed differences in the characteristics of the trading time, where the forex market seems to be more regular with a news schedule that we can see in the forex factory, this is different from cryptocurrencies, which where the news was not shown before, and suddenly the price could pump very high. but both are the same in how to buy, namely buying while in the support area
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We need to explain very well that this a job, you can't just go to a hospital and start being a doctor, you can't go to a law office and become a lawyer. You need to study for those, why would trading be any different?
Exactly the point I've laboured to advance in time past. Honestly, it beats me hollow when people think that trading is something that can be learnt within a few hours or days while they go to college and spend four to seven years to acquire certificates to practice their so called professional courses like law, medicine, engineering, journalism, etc. Is there anything more professional than trading? Trading isn't a get rich quick scheme. It's a profession and people should pay attention to that. Those who are profitable at it will tell you that nothing is as rewarding as trading. good point, trading is not a way to get rich quick. Here, a healthy development structure is needed, in contrast to marketers who offer their products for trading to get rich quick, by displaying the luxury they have. and in the end many are disappointed. after we understand that, it would be nice to learn in theory and put it into practice, so that we will know the difficulties in trading, which of course the psychological factor will be very dominant, because in trading it doesn't matter what graduates we are from. |
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I don't think it will reach $65k within this year it seems that the pattern didn't meet how it move if we look at the chart for 1 year. We are closing to the bear market but with this slight pump helps us to get some profit so be wise when trading. Since last month Bitcoin price just keep touching the $38k but who would have thought that it would pump to $48k? I just thought it won't bother to pump anymore since I've lost it when the hype during war didn't happen.
nothing is impossible for bitcoin to reach $65k, currently $8k has been reached by bitcoin, if bitcoin can break through all resistance, it's not impossible for bitcoin to return to the previous ath peak. indeed, no one knows for sure when it will happen, but what is certain is that bitcoin will eventually reach its target, although it is also possible not for this year, or even before the end of this year. why do we worry about time, isn't it better to be patient waiting?  |
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Do you have any pattern that you see or watch in the market to determine time to sell your hodlings and take your profit ?
Do you regret not selling your coins at any point because you didn't know it will drop ?
Can you share your opinion
Many coins bounced high and ended up falling for correction, or even some of them were hard to get back up again. Mainly, we see if it's a top coin or a new coin. if the top coin may not be a problem if we continue to hold it. but if it's a new coin, it's best to sell it while there is a chance. new coins will usually form a new ath and that's when it's immediately to sell it, because there is no resistance to the left of the chart, which means it can fall at any time |
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