The whales stirred. What should we expect?
Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?
I mean the still the main goal of these whales is to earn a profit, I mean for sure most of the investor's goals are just to earn a profit, and the time will come that they will sell their bitcoin on the market that for sure, But this wasn't actually a bad thing since they are still investors and traders having whales have good and bad things as well, One of the things that they affect is they can probably affect the market movement because they own a huge volume of cryptocurrency or bitcoin, think about it if a group of whales plans to buy or sell a cryptocurrency or bitcoin if they start buying a huge amount of bitcoin at the same time that could easily pump the market, meaning they could easily manipulate it, if market price other investors is going to buy as well thinking that the price is starting to skyrocket but then when whales think that it is a good opportunity to profit already they will sell and drop there holding at the same time. I mean we all wanted fiat because that is what we can use to buy, but that doesn't mean that they are completely moving to fiat, because cryptocurrency is a form of investment so if there is a huge opportunity again they will continue to buy cryptocurrency again. |
|
|
|
Introduction: Bitcoin is a digital currency that can be used in different ways, both in buying and selling of goods through per-to-per transfer and also in investment which many users of bitcoin are interested. People invest in bitcoin because it flustrates in price either the bearish that people buy and in the bull that they sell. Bitcoin also trend in the eco-space that everyone who is good in the latest technological ideas in the world key into it. Therefore, I should not be exempted for joining the trend and start my journey. I am also aware of the risk that is involved but that will not be an excused to the journey. What's matter is the determination. The price of bitcoin is unpredictable but yet people guest it correctly. Bravo for those guys. For the crypto space, some people prefer trading to investment while some prefer investment to trading which I might also fall unto and some are for mining. I wanted to start my bitcoin investment journey but I look at it that the price is still high to start the investment and I am waiting for the price to go down to $20k to $25k or below. Is that a procrastination? If yes, when is the best time to start the journey? Now that the price is still high? Will bitcoin go down again? The way it stand, it looks like it would not go down again until the next halvining and the bull to come. Bitcoin price was good to invest last year which was $16k to $19k but I was not having cash to start the journey but now that I have small cash let me start the investment. To What Extent Bitcoin Price Will go for the Bear Market Bitcoin start the year 2023 with a good price and the price in in this year is much more better than last year 2022 and those who invested last year 2023 would not say that this year do does not favour them. And we have spent 7 month in this year and the price of bitcoin right now is $30,277 that is, the price is sliding down compare to last week. So where do you think the price of bitcoin will end for the bear market before this year will end? To What Extent Bitcoin Price Will go for the Bull Market
As it is said, bitcoin price rised to $20+k from late last year after the bear market and in this year the price rises to $31k, so what is your speculation on the price before the end of the year? I mean no one can accurately predict the market that's for sure so we really don't know if the market will stay at its price of around 30k$ or if is it going to up or down to 15k$ or something like that, we cannot be sure because there were just so many factors that are affecting the price of bitcoin, just bad articles or news could easily drop the volatile market price of bitcoin. I'll recommend you buy bitcoin and start accumulating bitcoin right now set a minimum price and buy bitcoin every week, because if your just going to wait there is a possibility that bitcoin is not going go down to 25k$ and it would just stay around 30k$ and then after a few months just completely skyrocket to 40k$ or 50k$ then you just lost a big opportunity with that, so what you can do is start buying right now with the minimum amount that you set then buy bitcoin weekly or monthly something like that, if the market price drops increase the amount of bitcoin you buy, and if the market price increase lower your buying power. In that way, you could guarantee that you will get a good amount of profit when the market skyrockets on Bullrun. |
|
|
|
Every Bitcoin holder has to learn about cyber security. There are so many phrases like not your keys not your coins. There are topics covering how to secure your private keys, how to be careful and watch out for phishing emails, links, scams, keylogger and many others. For me the two most important reasons why every bitcoiners should take a personal course on cyber security are because crypto wallets are attractive to hackers and cybercriminals. Secondly, malwares and keyloggers ...there are too many malwares that try to record our details from the backend without our knowledge. Lastly, if the keys is yours, then the coins are yours, it lies on you take a cybersecurity course to learn sophisticated ways to protect your non-custodial wallet that has your coins.
I think that there has never been a time when bitcoiners should take personal Cyber security courses not for commercial purposes but for personal reasons for them to learn how to stay protected and secure their crypto assets.
What do you think?
Well, I completely agree with that, cryptocurrency space is a very dangerous world because of so many hackers, etc. Every day they are trying a lot of ways just to compromise your device, accounts, wallets, etc., and if you really don't know how you're going to protect yourself from these hackers you're going to get hacked for sure. I mean we do notice that most of the people that get hacked are newbies or beginners just because they didn't have a lot of experience and knowledge on how they can protect themselves from these hackers. So before even starting or planning to invest in cryptocurrency or bitcoin you should study how you can protect yourself from this kind of space. So taking courses is really recommended because it could easily save you a big amount of money. I mean we need to continuously learn anyway stay updated on what's happening on the internet because every day there are new ways hackers are trying, most of the time if you are not familiar with how the hackers work they could easily trick you, so always avoid a lot of red flags, and always think before clicking something on the internet. |
|
|
|
I mean we can't really trust both the banks and the whales, banks are just no use since the money you save doesn't really earn a good amount of interest on it as with inflation it just wasn't recommended, whales as well hold a huge volume of cryptocurrency so it just makes the investment risky because when they sell it is going to make a huge effect on the market making it drop a huge percentage.
There is no reason for us to trust banks or whales because their purpose is the same as ours is to earn money to take care of life. No one is good enough to help others without getting benefits for themselves, if in their position, we would do the same as them, all need money. But I disagree with you saying that banks are useless. Do you use banking in your life? Banks are more than just depositing money and receiving interest, as you said they are an institution and provide a lot of services to users. If you need to borrow money then only banks and centralized institutions can lend you money, bitcoin cannot do it for you. Yeah your right, I guess even though I don't personally like banks it's still a great platform I guess since it is very convenient compared to other platforms and there is nothing really we can do about it because it is a part of how the currency circulates in our country, the easiest way to save money is just to deposit it on our banks I mean it wasn't really a great interest compared to other savings that there was no risk. Here in my country, I could probably find up to 11% interest including the bonuses where you need to actively use the platform in order to get that kind of interest but if you're just going to save your money there, the interest would probably be 2.5% to 3.5%. It wasn't that bad but while you're still saving money it's a good addition I guess. Of course, there are a lot of platforms where you could easily use banks compared to cryptocurrency, and banks/fiat money are just already accepted and trusted by the people, but it is just not recommended to put a big amount of money because we should use our money to work for multiple sources of income. |
|
|
|
People who really understands what investment is all about, took time to plan and scale their income weight, Period of plan and period of investment. Bitcoin investors know when and how to invest weather trading or mining there is an appropriate time for it. And as investor you're not expected to hit and run or even eat up your profit. You've to give it time to grow hip hop and accumulate more. That's why in most cases I trust bitcoin investment to any forex or others channels, in bitcoin one hardly loss it all especially if the value of units coins remain safely.
How do you know a good investors?
* they're futuristic
* they're planners
* they're financial manager
* they're risk managers
* they're projected
That's how to know a good investors of bitcoin who do not see challenges but the possibilities of making their future work.
Bitcoin is a good assets to invest on but it's also has it own risk which you must learn.
I mean good investors are the ones who make the research before even starting to invest in something, calculate the risk and reward of the investment if it is worth the risk, or invest into some of the investors just going to start investing right away without even considering the risk of the investment because they are just afraid that they might lose the opportunity, But I think calculating the risk of an investment is just one of the ways to know if you're going to invest into some projects if your investment is going to be 100$ for example and you calculate the price projection of 100k$ I mean that just worth the risk since if you're going to earn that kind of amount or lose your 100$ it was just a 100$ and in the end, you could easily recover from that lose, but the project of the project was great and if it becomes a success you earn a good amount of profit. I mean it's better than losing your opportunity to that kind of investment. For sure as long as you have the knowledge and know what you're doing you're going to earn a profit. |
|
|
|
Banks are earning big profit from our deposits, they earn bigger than the interest that we get from our deposit because they put a bigger interest rate through thier borrower's or lenders, i think bank is not too far from big whales in crypto they buy or collect coins in dip and they sell in bull and they earn bigger from the holders that sell at loss they are almost the same or what? What dou you think?
There is a big difference in that, banks are earning on investments, and interest and use the money that you save for them and invest it in other stuff that could possibly generate money, I mean whales are different they will not give you a loan something like that they are just people who hold a big amount of bitcoin I mean yeah they buy and collect bitcoin and possibly manipulate the market since they have a big amount of bitcoin. These whales are just investors like us as well, banks are different because it's an institution. I mean banks are centralized platforms compared to whales that hold cryptocurrency that is decentralized, you could probably say that they both have a huge amount of assets buts that's the only similarity that I can think of. I mean we can't really trust both the banks and the whales, banks are just no use since the money you save doesn't really earn a good amount of interest on it as with inflation it just wasn't recommended, whales as well hold a huge volume of cryptocurrency so it just makes the investment risky because when they sell it is going to make a huge effect on the market making it drop a huge percentage. |
|
|
|
|
It is obviously going to happen at any moment now Bitcoin could possibly skyrocket to 40k$ that's for sure I mean yes there is a bit of resistance around 30k$ in the past day and it already climbs to 31k$ in the past few days but still we notice that the price still didn't drop a huge percentage even though the FOMO hit even though the XRP drop its article and announcements, we can expect a drop in the coming weeks that I think it could easily bounce back because it's already gaining its momentum. I mean most of these things doesnt really matter as long as you already position yourself in the market you could just wait for the market price to skyrocket, I already accumulate a lot of Bitcoins in the past months after the bull run big drop, and I'm still buying until now even the market price is kinda high compared to the past weeks, I just increase my buying power every time the market price drop and lower it when the price increase it wasn't a big difference that when the bull run hits after the Bitcoin halving for sure it's going to be a big profit.
|
|
|
|
I keep seeing this on the forum and I'm a bit puzzled. I know that this is a place where knowledge is shared and gotten, services are also rendered and for you to render your service here you must have at least built a (good) reputation for yourself before someone can do business with you.
Why I'm bringing this question up here is to actually know what can cause you to get a neutral feedback because I know you can be slapped with a negative feedback if you've been caught breaking the rules or you were reported to have scammed someone or another offense, but I don't really get the reason for a neutral one? Is it like a warning or something?
Most of the tags are just feedback so neutral is self-explanatory that just means it's neutral feedback to your account meaning it wasn't negative or positive feedback usually it was just some comments on your account. There are some instances where members get a red tag from other members if they think that the users did something that is against the rules or probably accuse of something but if he did redeem himself or the accusation just wasn't true some members will just revise that feedback to neutral. It wasn't some kind of warning like you said I guess the easiest way to describe it is a comment but you could use it as well as a warning some members used a neutral tag as a warning as well as alarming other members to be careful making transactions to this profile something like that. It was also used in lending if you loan to other members they will tag you a neutral tag about the loan and then revise that in the deadline if you're going to pay or not. Neutral usually doesnt have any heavy consequences compared to a red tag, so just make sure to follow the rules to avoid getting a red tag. |
|
|
|
The earlier we understand that bitcoin is not for everyone, the better because it saves us the time and energy that we would have used to convince those who are uninterested, to move on to those who are interested and it can also drive adoption faster. I've read some threads here of some people trying to convince their family members on the positives of Bitcoin and get enraged if the said members don't share the same opinion as them but I feel everyone is entitled to his opinion and while some regard Bitcoin with outright disgust like Charlie Munger, there are some who care less of it's existence.
Bitcoiners have the opportunity to stand for something and that's eliminating the need for central authorities such as the government and banks and rather than forcing everyone to confirm to their beliefs, it's better to find an audience worth serving. What's your take, guys?
I get your point but maybe they just didn't know what is Bitcoin and what is its potential right? Of course, there are other reasons but if you know Bitcoin know its capabilities, potential, what it can do, etc. are you going to invest in it? Of course, right I mean I'm going to do it for sure. But I guess there are for sure some that are not a fan of Bitcoin since it a decentralized and there are people that are not going to like that even though it's a great structure. Convincing your family is not mandatory if you know Bitcoin it doesn't mean that you should teach it to your family members or kids, but I mean it's not a bad thing but if they want to know about it, it's a good thing since your spreading bitcoin to your family and it helps a little bit to the bitcoin adaptation, Bitcoin is already getting popular to a lot of countries, It is still going to adapt on its self and in the future if the Bitcoin continue to adapt a lot of people are surely going to get interested and possible to like it because of its potential etc. |
|
|
|
90 - Asuspawer09 Thank You!  |
|
|
|
|
Most beginners in starting a business would probably choose a business that is on a trend since they think that if they copy other businesses they might get the same success, I mean it might actually work but most of the time it wasn't go as planned, I see a lot of business owners who try to start a coffee shop because it's kinda trendy here on my country everywhere you go you could probably find a small coffee shop business, you could probably try to learn it but it if you're not good at it it's better to find other business that will work for you, I learn that you should create a business on your field or where your good at, like for example if your good at cooking at stuff the most obvious business is a restaurant something like that. If you are good at graphics or something like that you could start a printing shop because that is just what you are good at you could put your time into that and for sure it's going to be a great business because you're already good at it and you know what you doing. You have a point we need to plan everything not just the goal of creating money.
|
|
|
|
 Bitcoin increased above $30000 to over $31500 and it has been within this price for many weeks or months now. Bitcoin decreased below $30000 several times but it increased back with some minutes in each time it decreased below $30000. But since yesterday I have been noticing that the bears are getting stronger than the bulls and the price of bitcoin later decreased below $30000 which now wants to become the resistant price. This looks more like bitcoin may decrease more? That is what it seems to me if bitcoin can go below $29200. What do you about this? Not really since we easily reach over 31k$ last time because of XRP news in the market, I think for now its the resistance, and it's kinda difficult for Bitcoin to surpass that market price but for sure it can easily surpass that price in the coming months, A lot of bitcoin is slowly accumulating Bitcoin and I think if the market stand by at this market price I think its going to skyrocket to 40k$ easily this year. Bitcoin might probably drop below 30k$ because there are some short-term investors that are going to sell their Bitcoin for sure, and they might want some quick profit, and it's a small percentage drop so some might get afraid of HODL. The market is looking great in my opinion and the price today doesn't really matter a lot since I'm not planning to sell my Bitcoin yet, I'm aiming for the bull run and well on the right track from 15k$ to 30k$ this day and we still have the Bitcoin halving event I think it could easily skyrocket the market price triggering the Bullrun for sure. |
|
|
|
Do you drink alcohol? I recently quit and feel great! For me this is related to Bitcoin, since I am much more optimistic about the future, and have some brain left to learn all about blockchains and smart contracts. How about you, are you doing well on most days?
Drinking wasn't completely a bad thing I mean as long as you drink responsibly and moderately you should be fine, I drink alcohol sometimes if there are some occasions and I wasn't a big drinker as well and Im good as well as my investment in cryptocurrency. I mean it's a great drink if you're going to celebrate something but if you drink with your friends that was just the best thing, the chitchat was just great with alcohol. I mean as long as you have discipline and really wanted to earn some profits, you're going to start investing, saving, etc. It is just all you want, alcohols are not really that expensive and it wasn't an everyday thing, so as long as you manage your spendings avoid unnecessary wants, I mean just to make sure to not buy something that you can't afford, manage your salary make sure you don't spend over your budget, save a big percentage of your salary. This wasn't a big deal so just, enjoy both drinking and investing at the same time its that easy. |
|
|
|
Bitcoin is often referred as "digital gold" due to it scarcity and decentralized nature.because their will only be 21 million Bitcoin in existence which gives it scarcity and makes it resistant to inflation.this limited supply to achieve through a process called mining,where new Bitcoin are created at a decreasing rate over time.bitcoin is decentralized because it operate on a network called Blockchain,which means it's not controlled by any central or government.similary,gold is not control by any entity.
I mean yeah, Bitcoin was called on so many names like digital gold, digital currency, digital money, etc. Bitcoin is a great investment but if you think about it if you compared it to gold it might not be that similar, we know that there will be 21 Million bitcoin so in the future we are sure that the supply of Bitcoin is still 21 Million and it's great because if the supply cannot keep up with the demand of the market, that will end up pumping the price of bitcoin, as bitcoin continues to become popular the demand of Bitcoin continues to increase and that could easily trigger Bitcoin. But if you think about gold we just know that it has a high demand on the market but we don't really know the supply of it I mean yes we know gold is a natural resource so it might be rare, but who knows we didn't explore the whole world yet, but I guess gold has some kind of value into it. Still, I would invest in Both just to diversify my portfolio. |
|
|
|
I reluctantly followed the counsel of a financial advisor to fix my finances in order by creating a budget and tracking my expenses, inflow and outflow of cash using an excel sheet. The economy has been crazy in my country so I needed to do something urgently. My greatest realization after this is that inflation all round is destroying my budget. It's been five months now. I am torn between using my emergency funds or selling some of my assets to cushion the effect of this economic situation. What do you suggest I do?
We all know that cryptocurrency is a risky investment and it isn't easy to HODL your bitcoin unless you have savings that you could use if you experience problems and badly needed some money. Make sure to only invest money that you could afford to lose on cryptocurrency because if you are not careful you could possibly lose it all if you invest all of your money in cryptocurrency and then you didn't have savings something like health insurance if you needed money if your sick or one of your family members is sick where are you going to get that money your just gonna end up selling your cryptocurrency and probably end up with a lose. I think in your situation you should use your emergency funds since it's for an emergency, if you use that money you could avoid selling your cryptocurrency assets meaning you're avoiding losing money, but I guess if its a good time to sell and you could make a profit if you sell if you make a decision to sell your cryptocurrency it doesnt matter since you already make a profit another opportunity will come to reinvest your money again on cryptocurrency or other investments. |
|
|
|
Patient is one of the key every BTC holders must embrace when waiting for bull market to come, because is a type of season every long and short BTC holders want to see before the end of the year before they can visit the market to sell. I bought BTC early last year when the price was $20k, and the price has taken a good step early this year to hit $30k which is very close to my expectations before I will start selling my BTC to have another opportunity to buy and hold for another bull to come. If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.
It's a good time to HODL since we can already see the momentum of the market, from the past months around 15k$ all the way to 30k$ is not that bad its already a decent movement and a lot of investors are getting the hype because of this movement, I mean we all believed on Bitcoin and surely a lot of us are waiting for the Bullrun because that just where the profit is, I invested on Bitcoin when the price drop around 15k$ I was lucky last Bullrun since I sold around the all-time high probably around 65k$ around that I sold my Bitcoin and now I did reinvest some of my holdings already and spent some of it as well on other investments and assets, etc. Since I bought at the bottom I have a lot more room to risk my investments because for sure when the market skyrockets and it already surpasses an all-time high FOMO could easily and hype could easily scared the market in the end, we know the risk of cryptocurrency most of the time it's a big bubble it could easily skyrocket its market price but at the same time it could easily crash. I was planning to sell for around 100k$ or probably around that price, but for sure I not going to sell it all, I'm going to sell by a percentage every time the market price pump with the I can lower the risk and get the opportunity to reinvest in case the market didn't continue to pump. |
|
|
|
A question about Signature Campaigns
I assume the idea is to put a link to a service or crypto casino in your signature, correct?
When someone starts a signature campaign for an online crypto casino, the goal is to attract people to the casino through the signature, am I reasoning correctly?
Thanks a lot.
Yes, the easiest way to think about it is signature campaigns are just advertisements of businesses, on the forum signature campaign case most of the time it these businesses are gambling websites, casinos, etc. Most of the people here in the forum are cryptocurrency investors so they already know and have experience in the cryptocurrency space since this gambling website uses cryptocurrency. Of course, they are promoting their website to get traffic and players from their websites, and I guess signature campaign works since as we can see in there are a lot of signature campaigns running here in the forum and that just means that the signature campaigns are working because these campaigns are paid. They wouldn't really put some money on signature campaigns if it didn't work at all or didn't really encourage people or attract investors using the signatures. I mean the forum is kinda big and players easily trust this website because we have some kind of reputation here in the forum, so scam gambling websites are not accepted here in the forum, you can't be sure that gambling websites running these campaigns are legitimate and trusted by the members here in the forum. |
|
|
|
I have read some interesting stories of few members on this forum that did all they could to buy their first set of BTC years ago and also how they made it through the journey, but one thing that I found missing from those stories is a secured job..
Newbies or Beginners, who are aiming to start buying Bitcoin for future sakes, I want you to take this advice very seriously, do not start your Bitcoin investment living under a roof that still feeds you, it could work but it will make things to be more difficult for you.
When you don't have anything else to fall back on, after asking your brothers or sisters in the family to give you some money for investment, what will you do when you get the Bitcoin? You need to live, you will have desires to buy things, and you will panic if the market move downside even more..
All this will happen because you have no job secured, as a beginner, before investing in Bitcoin, make sure you have a job or source of income, it will make the journey of accumulation to be easier and less bothered about the market behavior.
Pocket money, or the money that someone gives you will only bring you unrest mind if you plan to invest with such money, it's the type of money you are not ready to lose, because it's all you have, because you have no other money coming from else where.
You don't need Bitcoin first, What you need is a JOB, work on that first.
We all know that cryptocurrency investment is a high-risk investment so it is not recommended to just invest all of your money into cryptocurrency most investors are going to recommend only investing the money that you could afford to lose, which is probably most of the newbies mistakes where they easily jump into an investment without thinking of the risk just because they know someone that get luck on cryptocurrency and able to earn a good amount of profit, they think that they might as well earn. You are right if you really want to get rich what you actually need is multiple sources of income, and the most stable income where you could easily start is to get a job, if you have skills and experience you could easily land a high-paying job that could give you a stable source of income, most of the people will say to start a business but to do that what your gonna need is capital, and you could get that from the savings that you get from your salary. Remember to make sure to complete your savings, insurance, etc. If you already have multiple sources of income you could start investing in cryptocurrency because it's the riskiest investment that you could make. |
|
|
|
Inflation is really biting hard, and nobody is doing anything about it, should we all just go with what Tupac said, "that's just the way it is, things will never be the same".
A lot of person's have ascribed this global inflation to the crisis Rocking Ukraine and Russia, a lot of person's have also said it's as a result of shortage of gas supply across Europe and other countries.
The whole story is not just clear, as to why inflation is biting so hard and IMF AND WORLD BANK are not doing anything about it and the people are just left to face their fate alone.
The prices of goods and services are constantly going astronomical high and there is no hope insight of this ugly situation coming to a halt.
The purchasing powers of citizens are getting weak and I don't understand if the consumer protection laws are even effective anymore this days.
You buy something for a certain amount today, in the next one week, that same item you bought has charged Prince without any reason.
How are you guys pulling it through with this inflation?
Inflation is a big problem around the world even big countries experience it and don't know how to solve it, I can really feel the inflation In my country back in the back my 500pesos is already a big amount of money and Its difficult to spend it on only foods if your not a big spender probably 50pesos is already enough for your food but now you can't buy anything on your 50pesos, rice, and meat will cost you around a 100pesos which is a big pump in the market. Putting your money in your savings account is not actually a great idea at some point, just because of the inflation alone but it doesn't mean that you should stop saving your money, because you're not all of us have a big amount of money already, of course, your gonna need to save first in order to earn a good amount of money or at least invest. But make sure that you already have a big amount of money Don't just put it in your bank and let it stay there, what you should do is make your money work your you invest in something that could generate income or a passive income. |
|
|
|
Patient is one of the key every BTC holders must embrace when waiting for bull market to come, because is a type of season every long and short BTC holders want to see before the end of the year before they can visit the market to sell. I bought BTC early last year when the price was $20k, and the price has taken a good step early this year to hit $30k which is very close to my expectations before I will start selling my BTC to have another opportunity to buy and hold for another bull to come. If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.
The bear market is always the hardest part because you just feel like the market was not moving and in most of every pump in the market there was an opposite dute it could be a good opportunity for daily traders for sure but for long-term investors this is where they HODL and just start to accumulate more bitcoin for profit waiting for Bullrun. If sure are lucky since you are able to buy bitcoin at the price of 20k$ I did buy some when the price dropped to around 15k$ which is a great buy considering the market price of bitcoin today was around 30k$. Honestly, it was not guaranteed that the market price is going to skyrocket, but it's always great to position yourself in the market and accumulate Bitcoin while the market price is still low, It might take years before the Bull run but the Bitcoin halving event might be a good indication, I think it could trigger the market price of bitcoin for sure looking at the past halving it did trigger it, but still wasn't guarantee if it even going to reach the all-time high or even 100k$ but still it is an indication, at the end of the day no one knows so just accumulate and HODL! |
|
|
|
|
Show Posts
