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. |
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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. |
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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. |
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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! |
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Well, there seems to be a lot of metrics build on market data. Some of them are easy to understand, some not. I guess there is not metric that will tell you ultimate situation on the market. One needs to take them with the grain of salt. Anyway what are the metrics you constantly monitor in order to be updated on current market changes? What tools you use to view those metrics?
There are a lot of factors that affect the market price of Bitcoin, and some of these things are unpredictable so I'm gonna say that with all of your metrics, there was no way you could accurately predict the movement of the market or the price of bitcoin, there are always times that your going to lose money. I mean it wasnt actually needed to monitor the market every time especially if you're just investing and accumulating Bitcoin for long-term investment, it would just be useless since you're not selling or buying most of the time, this could be useful if you're making trading as your daily thing, I remember the time when I still trade daily there are times that I could easily earn 100$ just for bucks of investment and probably up to 1000$ easily if I'm lucky but it wasn't easy since you could lose it easily as well. Yours just gonna need to be updated on what's going on in the market, something like articles, news, world economy, etc. and probably look for signals like for example good news that I think could trigger the market, Bitcoin halving event was a good example because most of the time it triggers the market to skyrocket like in the past halving but it wasnt guarantee. |
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Almost everyone in the forum loves the bull market than the bear market though it has not scientifically proven but people love the bull market more than the bear market, and upon known this, there are some people who are interested in the bear market because they are using the bear to accumulate and store their wallets with enough bitcoins so I decided to know the opinion of the forum users. Among the two which of them do you prefer, is it the bull market or the Bear Market? And why?
Some are investing for the bull market and once the bull market comes they offload the wallet. While.some are perpetual in the holding both in the bull and the bear. So where do you belong? Is the bull market is more important than the bear market? And if I may ask, which one is the best?
Of course, we all wanted the Bullrun because that is where the profit is made that is the time that we sell our holding and probably going to risk more. But for sure both bear and bull markets are both part of the market but we didn't really all have money to invest in the market so the bear market is still important at some point, To be honest, I would like the bear market at this moment because I just don't think that I do hold a big amount of bitcoin at this time, so I wanted to accumulate more bitcoin as soon as possible but the market price is already pumping we even see the market price of Bitcoin reach 31k$ last time, it's a still a bear market but compared to 15k$ dump If I did buy on that price I could potentially make even more profits compared if I buy at this moment around 30k$. Both Bull and Bear market are part of the cycle, what is important is position your self, on bear market continue to buy more bitcoin and on Bullrun you could sell them for profits. |
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Well, I can see how I'm improving still not there but I'm doing pretty good when it comes to my finances I've learned a lot from my experiences and I'm always trying to study financial stuff to help me become knowledgeable on how I'm going to handle my money. I'm listening to some podcasts about finances here in my country, and like for example if you really wanted to earn a million your gonna need a lot of income streams to earn get your first million. First is your Job if you have good skills you could easily land a good-paying job that could sustain your needs and savings as well as investments, with a stable income you might want to do side hustles as well for extra income that you could do on your free time, investing on apartments is also a good passive income, or think of a business that you could execute. I also learn to stick to your skills where you are good, like if you are good at something like photography, videos, etc, stick with that you could create a business that is related to that because that is where you are good at. Not something like you create a business but you just want that business because it's trendy and after a few months it would just get bankrupt.
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If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.
what is your opinion about this?
If Bitcoin is accepted and used by all countries it is going to be huge and probably it is over a million dollars or even more, right now we there is still a long way to go, there are still a lot of countries where Bitcoin is illegal or Bitcoin is not accepted or adapted, compared to the past years the bitcoin was adopted by a lot of countries and its growing and improving as time past, in the future as long as this continues we could expect for the bitcoin to adapt all over the globe that is going to make the price of bitcoin skyrocket. I mean on the next bull run Im even projecting for the market price of bitcoin to reach around a million dollars already, but realistically it is for sure going to surpass its all-time high and probably 100k$ after the bitcoin halving event. Bitcoin was not even recognized by a lot of people here in my country but slowly it become popular due to NFTs, trading, investments, etc. which is a good thing when talking about investments cryptocurrency and Bitcoin are always one of the thinks that they talk about and most people are interested to invest on it so I think it's a good indicator that bitcoin really adapt quickly. |
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Hello guys,
I'm happy to be part of this community, and so far I've realized that everyone is more experienced than me, so I don't know how logical it is to ask this question, but I'll ask it anyway.
Is it the right time to invest in Bitcoin?
All my friends are talking about cryptocurrencies, but I still can't wrap my head around it. What would you recommend for someone who has no previous experience? Do any of you have resources that you can recommend to me that will explain cryptocurrencies in the shortest and most simple way?
If you have any success stories you would like to share, I would be very grateful if I could benefit from them as well...
Its never too late to learn, and even though you think that you already learn a lot there is still a lot that you need to learn, so don't be afraid to be late, because if there was no one in front of you that might be a bad thing since you might not do it because there was nothing to catch up, if you see most of the people are in front of you you will be motivated to learn and catch up with them. I mean its never too late, newbies this day will be the future of this forum, a lot of experienced members here or legendary members are already old at some point their accounts will not be active anymore, so newbies are needed here in the forum as well as in the cryptocurrency space. What matters here is to start your journey already it doesnt really matter if you are late there is still plenty of opportunity to invest in Bitcoin, yes there are some lucky people who bought Bitcoin back in the day that is already successful and rich this day, but there are only a few people, if you started investing already you might be next one to make a good amount of profit. |
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Let me say that Bitcoin has taken it stand and theirs no point of carrying out campaign of Bitcoin like before or imposing Bitcoin knowledge to children which we know that with time those children you are trying to teach bitcoin will know of Bitcoin through a social media. I have come across so many topics pointing at teaching children bitcoin why Bitcoin has already taking space of it own as decentralized currency. Do you know that with the awareness of Bitcoin now you don't need to convince somebody to invest in bitcoin, why before you have to convince people to invest, bitcoin is now a choice of investment which anyone who invested will Google out the process of investing through internet direction, I love to say Bitcoin has plant itself with internet dispensation of information.
Learning is a continuous process
I mean Bitcoin is a great investment in our experience we already believed in the potential of Bitcoin and we know what it can do, it doesnt really need to be taught to our kids something like that because Bitcoin is going to adapt by itself, I guess it just doesnt make sense if we are Bitcoin investors we know the potential of it and its kinda waste if we doesnt teach it to our family or kids right, I mean it waste bad but we just need to make sure that we don't force them because it wouldn't really work at all if they don't want to and doesnt want to learn it because without knowledge if was just useless. It's actually a good thing if we did campaign for Bitcoin but at the same time, it wasn't really a bad thing or a waste to teach Bitcoin since it could easily help or actually might boost Bitcoin a little bit. Bitcoin was already greatly adapted these days we can already see even banks starting to adapt Bitcoin, there are some banks here in my country where you could already buy Bitcoin on there platform. |
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Why is money at hand difficult to hold? I usually find it difficult to keep track of money anytime I have cash at hand, I make plans to hold money, but It never stays because something always demands the money, it is even so bad now that money kept in my account is also now being affected due to expenses. This is not something that happens to only me, I know that because of how money can easily be spent, many people now decide to avoid having cash, avoid taking ATM cards from their banks and also avoid activating USSD or internet banking, but is that really a long term solution? I blame myself a lot for spending so much and being irresponsible with money, but in your opinion, do you think that the soceity is contributing to the high and many expenses making money not to stay or is it just a bad habit I have?
Its common fiat is difficult to hold for sure if you have money the tendency are you going to spend your money on something that you want or something that you need, I mean we are all guilty of buying what we want, also there are a lot of expenses that we need to pay so when you're onto a certain way of living you we tend to increase our way of living as well so even though we get a big amount of money or fiat money it would just end up feels like nothing because we just end up spending or and buying more if we have a lot of fiats. Maybe it's a good strategy to avoid using cards and just use online or digital money, but if you really want to spend on something it doesnt really work for the long term. The way I solve this is just to budget your money for example on your salary you could easily divide it into something like 40% on investment saving then 20% on your expenses 10$ on your wants something like that, there was just no way to fix it the only way to do it is to discipline your self and know your limitation always remember to do not buy something that you cannot afford and always save higher than your spending. |
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My take on bitcoin in 2023 by the way it bought and was pumping pumping and pumping was like it will never stop. I thought it was my year to make my money and keep much of Bitcoin in my wallet. But the dullness of over 2 months has changed my mind. The scenario poured coldness in my mind but again let me know that bitcoin behaves like an asset and asset has the time to buy and sell not the way I thought it will always be be buying.
I have waited for the price to reach $25k for me to start pumping my money, it never reach there. I grows impatient daily, I won't wait more than 1st of July, any price I see it is what I buy.
I don't like to sound desperate, do I sound desperate or determine to make money?
Bitcoin HODLing for years can not be a lost affair.
For sure, knowing your timing is a big thing on cryptocurrency, but you gonna need to plan your investment what price are you aiming to sell and how are you going to hold your investment for the short term or for the long term? When the price of Bitcoin was around 15k$ after the bull run it quickly drop I immediately know that it is a good opportunity to buy that time so I bought a huge amount that time and now the market price is back to 30k$ which is a good thing meaning its an easy profit. That just means that it's a good indication that you should have enough knowledge before starting to invest and you should know what you're doing at some point because knowing what you're doing means you could earn a profit and not just lose your money since you plan your entry and exit. At this moment I know that it's a good time to hold since I bought it at the bottom and planning to sell it for around 100k$ which is I think a fair price I could easily HODL even after that since there is a lot more room for profit. |
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How many bitcoins does a person need to retire, what is the cashout plan and why?
It would just depend on you since most of the investors are planning to HODL their Bitcoin in the long term, so I guess you could probably make it as a retirement plan or something like that but since its a volatile market you cannot expect that the market has already skyrocketed the time you retire, You could probably make a profit or miss the opportunity. In my opinion, you could make Bitcoin your investment but not a retirement thing since this is not a guaranteed cashout like some kind of insurance where you save money then you could just use it when you get old plus you gain some kind of interest. Bitcoin is a risky investment compared to some insurance agency stuff. For me, you should make Bitcoin something like a bet since even though Bitcoin is a great investment and most people are making trading daily as a source of income, only invest money that you could afford to lose. Also, you might end up selling your Bitcoin at an unfair price if you're going to sell it on your retirement, its better if you're going to watch the market and sell if the market skyrockets. |
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Procrastination which is said to be the act of delaying something important despite knowing the consequences of doing so, is one of the reasons why many people miss out on big opportunities. I've had conversations with several individuals and I found out that most them are fully aware of the benefits of cryptocurrency at large but are still having doubts or would I rather say the fear of the unknown due to the unstable price of bitcoin, they focus more on the negative side or losing or fear of losing out completely other than the benefits of investing in bitcoin, there are others who are willing to take a bold step but have little knowledge or need guidance from crypto enthusiasts, i have an information for these set of people because knowledge they say is power and constant education and information would enable people to fast track the adoption of bitcoin and enjoy it's benefits. In the crypto ecosystem there's something called the crypto solar eclipse also known as the bitcoin halving. Bitcoin Halving- The bitcoin halving is a period when the price of bitcoin goes high, due to it's scarcity because of the drastical removal of bitcoin in a block. And it happens every years and many people are not aware of this ongoing in the crypto space, the previous halving was in (2020) and the next halving is forthcoming so now is the best time to purchase and hodl btc because it could go beyond the price it attained in the last halving which was about $60k and In my opinion I think it might go beyond $100k. https://www.investopedia.com/bitcoin-halving-4843769 This forthcoming halving is very important very important because at this period the price of bitcoin affects most other cryptocurrencies in the market, so now is the best and perfect time to buy and hodl cryptocurrencies especially bitcoin and make profits when it becomes more scarce thereby making it's value to go High. You can share your ideas and opinions if you know more about the bitcoin halving and for the procrastinators, it's better late than never.I mean it's not just procrastination, I think most people or investors' problem is they just doesnt have enough money to invest yet. They think that they need a big amount of money to start investing I think. I already know Bitcoin when the market price was just around 400$ but at the time I was just a student so I just can't afford Bitcoin at that time but if I do have money probably I'm going to invest it in Bitcoin at that time. I guess what they don't realize is if they could start buying at a very low amount of Bitcoin, they could easily accumulate Bitcoin over time by buying a small amount of Bitcoin similar to dollar cost averaging, You are right, Bitcoin halving is an important event on Bitcoin and probably they are the event that could trigger the Bullrun meaning you need to position your self on the market while it's still early, If you position your self early you have a lot more room for a higher profit, that means you could easily HODL your Bitcoin on to the top with just a little risk, since you could easily sell when the market price drop because its still a profit anyway because you bought at the bottom. |
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I know everybody is not in a same class but still we all do budgeting, expenses and impulse. How much do spend a day? Do you think is possible to program your daily expenses?
It's easy to budget your income for example you have an income of 100$ and divide that into investment, savings, expenses, wants, needs, etc. But if you really want to be different just make your saving and investment higher than your expenses, I mean just don't buy what you can afford its actually that easy if you have a million dollars and then just use it to spend on to wants your just gonna end up broke again after a few months, but if you know how to handle your money you have the knowledge and know your limitation you're not going to spend your money onto something that you can't afford. What I do on my salary is 40% savings and investment, 10% wants, 20% daily expenses, 20% on bills/groceries, and 10% on tithes. It might not work for you but in my experience is a good method since I'm saving more I can easily see how my money grows over the months of doing it. The trick is to always save more than your spending, with that you could easily make up your emergency funds, savings, insurance, etc. after that you could then save for potential businesses or buy assets that could generate passive income. |
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Looking at the market it is still on the right track on Bitcoin Halving I don't see any factors that could affect the market price of the Bitcoin halving event yet, For sure there are times where on Bitcoin halving the price of Bitcoin doesnt have a big movement since most of the investors are already buy-in if you look at the Bitcoin halving timelines we see that there are some kind of delay on the pump of Bitcoin every time the Bitcoin halving event happened. And it might be possible since investors might expect to profit so they end up selling on the market at that day, but most of the time the price is going to skyrocket 365 days after the halving so there are some sort of delay on the pump.
I don't see Bitcoin dumping a big percentage after the halving most of the investors are aiming for the Bullrun and probably going to sell when the all-time high is reached or surpassed. So they might be some kind of drop but it wouldn't be a big market and will easily recover like in the past Bitcoin halving.
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The big question is can you live without kidney? I guess the answer is NO so therefore Bitcoin is the kidney of digital currencies.
In our world of today where Blockchain technology has created financial freedom lots of digital currencies enthusiasts, believe Bitcoin investments have the striving potential to produce modern age digital currency millionaires and possibly billionaires. I'm not here to talk about Bitcoin volatility, even life itself is volatile but it's worth holding on so Bitcoin also is worth holding on. Why did I say this; many atimes I hear people using Bitcoin volatility nature to excuse themselves for not investing.
Bitcoin has attracted even world great men and made them believe in blockchain technology. It's not an underlying factor that Bitcoin is a great accumulation of worth. I persive Bitcoin as the emperor, the conquerer and game changer for any jack striving to survive in digital currencies. It's influence cannot be overemphasize, Bitcoin have a multilateral influence in a large number of multi national industries, and could transform a number of sectors globally ranging from agricultural sectors, medicals, logistics sectors are also beneficiaries of Bitcoins, it supply energies to even the centralized systems.
I'm originally from a society where, enthusiasts are optimistic that Bitcoin existence is part of a daily activities. Bitcoin influence makes it a fascinating investment to enthusiasts and also gives promising future for other altcoins. Bitcoin is endowed with tight security technology and has long term store of value.
However this is my candid strategical advise to all cryptocurrency enthusiasts to first master the stages and dangers( yes Bitcoin can also be dangerous if not traded with caution) it is greatly important to gradually understand the sophisticated security system.
There are cases you will need to consult and seek advice from some trusted professional Bitcoin traders. to help you understand the signs language of Bitcoin. How do you know when is the best time to buy and sale? Generally the world of cryptocurrency is a complex world just like the University with different departments, faculties, staffs and so on, so enthusiasts should also take time to comprehend common pitfalls that stands in the face of a promising investment.
You could live with one kidney, I don't know your logic seems off to me, if you're just gonna say that it can live without it why not use the heart as an example for sure you can live without a heart  I mean that doesnt really make any sense you have 2 kidneys on your body why compare Bitcoin to a kidney what's the other one Ethereum? Bitcoin is the first cryptocurrency that is created and it plays a big role in the cryptocurrency space for sure, its also the most popular cryptocurrency out there, I mean if we are going to delete Bitcoin these days probably this cryptocurrency could still function I mean other blue chips alternative token are already establish it self, like, for example, we have the Ethereum token, there was a huge gap on Ethereum and Bitcoin not still Ethereum was the closes cryptocurrency to Bitcoin even though it has a different purpose and structure to Bitcoin it still able to reach the market price of thousands of dollars in the market. So I think even if bitcoin was deleted at this moment I think Ethereum could easily take over the spot that bitcoin has. |
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I have been reffered to join some signal groups but considering how everyone is claiming to no almost everything about Bitcoin trading which actually they did not, which resulted for many people to lose their money because of Crypto signal groups, were as they put almost all their money thinking the signal is a sure, little did they know they were making a terrible mistake.
I could remember a Bitcoin signal group I joined, as someone that has less knowledge about trading and how sure the group signal works, so I decided to seat back and watch how the trade will work, on the contrary it moves opposite direction and that was not the first time, what they normally do was to get some screenshots from other successful traders and posted on there telegram group to draw more attention so people could pay before joining. Though from my findings from othe traders I was able to deduce that not all group signals are false that most times it works exactly the way they predicted and most time reversal.
So what do you guys think, let's share knowledge.
I don't really recommend joining some of the groups, I mean it could be useful sometimes if you are just a newbie but most of the time these kinds of groups are just taken advantage of for sure if there is money involved there is always someone that is going to take advantage of it, most likely before even they make the signal in this kind of groups most of the people on the top that going to make the signal is already bought or already on the position so that when they signal investors to buy to pump a certain token they could easily dump their holdings leaving most of the investors lose there money in the end. You are already here in the forum, most of the things are already here in the forum and you could easily ask if you're getting an issue most of the members here are experienced in the cryptocurrency space and have investors for years, everything you need is already here if you're really going to start your cryptocurrency journey you should learn it on your self and dont depend to anyone, especially to this kind of groups. |
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While growing up things were quite easy, an I also know that life was also easy for the common man, not until 2018 that things start changing for the worst, from then till now the rate at which inflation have struck my country to an all time high is so alarming.
Everyday price of things keeps on changing but the salaries of a civil servants still remain the same, the money that we use too feed from, buy water, pay rent, pay for light an even save from, now it can't even service our monthly needs for even half of the month.
Most times I feel for people that have many children because too get basic needs in today's economy is very difficult,
the annoying part is that the government an it agencies are doing nothing or less about the cost control of goods and services in the state.
An this has created a torn in the lives of many as situations keeps on getting worse by the day.
Am wondering if it's same experience in other part of the world.
I mean it's a big problem around the world even some of the biggest country experience inflation, and I guess there is just no way out of it. I mean we already see a lot of countries that suffer from this, I remember watching it on the news when people started to do riots, and the crime rate there was already so high plus thieves are everywhere because of the country's inflation problem. In my country the inflation was really a big hit, I remember when I was just a student 100pesos here is already a big amount of money, with that 100pesos I can already buy everything that I needed like food, fees, jeepney fare, etc. But now you're gonna need around 300-500 pesos to be able to live somehow comfortably as a student. Even on groceries something like 500 pesos you're already going to buy a lot of groceries, but now your gonna need around 3000 pesos just to buy the basic needs of groceries. If you not going to do anything you could easily get eaten by inflation, but there is still some way around it, having multiple income streams, and as well as keeping your money out of the bank, you just need to make your money work something like a business. |
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Bitcoin price is on it again after a few drop in price at around 25-26k, but hitting the price value of 30k again as it did sometime April this year. What I describe as a gleams of the prospective light at the end of the tunnel of the year 2023.
What are your thoughts on this spontaneous rise again in the price of BTC hitting 30k twice just within the first quarter of 2023. Do you you think it's going to plummet again or do better above 40k? Or is just one of a tempting rise to fall again even below the 25k-26k it did for the past weeks after hitting 30-31k around the month of April?
Please share your thoughts about this.
This is a good indication since Bitcoin break the 30k$ market resistance because of the XRP sec issue being resolved, this is a great boost to the market price for sure, I mean the market is still gaining a lot of momentum, and if this continues the market price could easily skyrocket for sure because of the Bitcoin halving even, looking at the Bitcoin halving timeline we could expect for a bull run right after the Bitcoin halving event. There is still a long way for the Bitcoin halving event but where already getting a lot of pumps, honestly the price projection on the bull run can be up to a million dollars since we already see Bitcoin from 2$ to 1000$ I don't really see any problem unless there are some factors that is going to affect the world. Something like a pandemic or war could easily affect the market, but if it that doesnt happened market could easily continue its cycle from the bear market to the bull market around 2024-2025. I can already see around 40-60k$ at the end of the year and that's already near the all-time high and it's not even Bitcoin halving. So probably all-time high could easily double next bull run. |
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