Only the risk alone in trading should make people change there mind from going into trading though the reason why I mentioned having the experience will help make people understand is that, whenever you advise most people on the danger associated with trading they will be thinking you are lying so seeing it themselves will help them to no that trading is very difficult especially for someone with less knowledge and from there they will see that holding is very good.
I don't think that's a problem, for suggestions and advice, just keep going and in fact, everyone also knows the risks involved when we trade, even though we have read articles or news regarding trading risks many times. Do you know what often crosses the mind of novice traders, why after I have money, buy coins and trade the price keeps going down and getting deeper and in the end I lose and have to cut losses at an unpleasant price. For example, from June 1, the price of BTC experienced an increase and many hoped that the increase would continue at least up to 73K and this only lasted until June 7, then the market corrected from June 8 to 66k today. and now it's just starting to rise slowly. |
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You just have to look at Bitcoin's previous history,  https://www.coinglass.com/todayYear 2020, halving year, you can see that in June, we have a slight decreased in price at around -3%. So it might be history repeating itself again, for all we know. Nevertheless, you don't need to panic as you need to look at the long term, or at least at the end of this month as I think we might be in a big run in the last quarter of the year. If so, December 2024 will be the peak of the increase. This only refers to my experience when following the previous BTC price journey and all coins also rose and reached a new ATH again after a few months when the market was slammed again. |
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It is true that Bitcoin is currently stagnant, and its movement is only in a certain range and does not want to go down or increase to get past yesterday's ATH. But if you see that the bullish season is still long, there is a possibility that a correction will occur first to encourage Bitcoin to increase.
So that the end of the year by it can reach its best point and in 2025 it will reach its latest ATH.
But all predictions could change, but I firmly believe that there will be a correction first.
It seems that your prediction is correct and in recent days BTC has continued to experience a significant decline, this is also made worse by miners who sell their mining results in large amounts so that the market is corrected day by day and on the other hand I read news that long-holding BTC is also selling in large amounts. it was big too but now it has started moving again and now the price is at $69,934.65. |
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Looking at an old thread from 2011 that talked about how many bitcoins they have, it made me think that getting Bitcoin is very easy. How Many Bitcoins do you own?Most of them earn from mining, giveaways, faucets and some contests that give away Bitcoin prizes. I got BTC by buying on the exchange and at that time the market was green, around 0.022 BTC from my work savings. Indeed, at that time I wanted to hold onto it for some time but a few days later the market corrected and went down more and more so I decided to sell my BTC and was only able to hold on for 2 weeks. |
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You might hold only Bitcoin because it is the most established and secure cryptocurrency, has a limited supply that can act as a hedge against inflation, and is widely recognized and adopted
I think the reason why many are interested in holding BTC and maintaining it for the long term is not only because in my opinion there is a lot of great potential that BTC has in terms of technology. If the main set just wants to quickly double profits, I think that's a very basic idea, but let's look further into the future of what actually exists in BTC. That's just the totality of the name. |
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But the price of Bitcoin is somewhat politically related, as Russia and Ukraine are at war after a massive economic crisis. And it's the next Bitcoin price has been a little bit critical, and then it's been phased Bitcoin price high speed again. So I think the price of Bitcoin has a little bit to do with politics in part.
I don't think it's as dominant because as a result of the ongoing war the price of BTC will be rumored to be falling, if BTC goes up, the bad news will disappear by itself. That's the habit from what I understand. The strongest factor why the BTC price rises is when buying demand is high and usually comes. from major institutions. I don't think so, if it's true, why do so many people own BTC?? |
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Bitcoin reaches $100k before this year ends, in my opinion the possibility is very small, but in the next halving, it is very likely that the price of bitcoin will penetrate $100k or even pass it. bitcoin has entered the global market and large institutions can now buy bitcoin via Bitcoin ETF, with this kind of convenience, when there is positive news, the price of bitcoin will be pumped, the price of bitcoin will no longer fall below $50k, the price will continue to rise and that's for sure.
Yes, ETFs also have positive and negative impacts on the market, but at least they triggered the previous BTC price increase. Regarding the prediction that the price will be 100K, of course it is true as you mean above because there are all stages that must be gone through. There are quite a lot of things that slow down the rise in BTC prices, whether it is bed news or other factors. What is certain is that BTC will be more enthusiastic in the future with its new ATH record. |
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buying at this time is too risky because the price of bitcoin and some altcoins is high. To be honest, right now I'm confused about the market situation because the halving started a few weeks ago but the price of bitcoin is still stable. Yes, until now the price of bitcoin has not shown any signs of increasing drastically because for the past few weeks the price of bitcoin has been stable between $60k-$70k. if I have to buy I will not buy now and I will wait for the halving moment to end and wait for the bearish market.
If you want to buy BTC, it's best to do it now, don't think about the issue of the increase because BTC will automatically rise when the time comes, unless you buy something other than BTC. Yes, you have to diligently look at the BTC price, if it shows a decrease, prepare a stop loss immediately, otherwise the decline will continue and the value of your assets will fall too. just my experience. |
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Everyone wants the investments they make to generate wealth, but you have to look at the situation and conditions. Big results require a lot of capital too, and big results cannot be obtained in a short time. If you think you want to invest with small capital and get big profits in a short time, this is the wrong mindset because you could fall into high-risk investments. In the end, it's not a profit that you get but a loss. Investing in meme coins is a high risk investment and you need to consider this.
I think yes, and if we try with patience the results are not necessarily significant, except that the coins we buy can pump the price many times to 100% of the initial purchase value, for example from a capital of $10 it can be doubled, for example 10 times, then it can increase little by little without being charged. sell it and turn it into fiat. The risk of winning has become the main factor that must be taken into account, ups and downs go up and down 10 times faster. |
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Impossible, and it's a fact that you're stating.
Many of the enthusiasts and investors of shiba trying to believe that this is going to happen when the market cap of the entire market grows a lot. It's true that there's the possibility but it won't be shared entirely to shiba.
Correct and agree. To rise, everything requires a process and nothing is impossible in this crypto world, everything changes quickly like market fluctuations. The biggest share will always go to Bitcoin and the other top altcoins and shiba will only get a slight portion of it. Dogecoin hasn't even reached $1 yet and it was so close there but I don't think that it will reach $1.
It seems like the portions are very accurate, otherwise that $1 figure is very easy to pump up if they want to. |
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a few months ago I took part in the TON and TONKEPPER projects, the project was running successfully where I got rewards and the price was also very high at that time, and in the last few days I saw that TON had entered the top 10 of CMC, I think this project is extraordinary, where is the price continues to increase over time, I am very optimistic that TON will be a very promising long-term investment.
I also follow the movement in value which is quite fantastic and now they are focusing on NOT COIN. However, recently something has also caught my attention and that is a coin that is also currently campaigning for altcoin bounties called BICITY. The price is quite attractive and they plan to list it on MEXC Global On June 14, 2024 at 14:00 (UTC). Now there is only one exchange at LBank. |
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I think there are many coin choices that can provide profits, whether in memecoin or altcoin, I think it's just a choice and if you are still confused I can recommend coins in the top 10 CMC, where the altcoins in that ranking have a big opportunity to can provide benefits in the future.
Currently the top 10 or 20 ranked coins other than BTC are also quite good buys and on average many of them have not yet reached their new ATH. Although BTC already looks good in price. Such as ETH, BNB, SOL or other potential ones that have not yet exceeded the new ATH this year. If you want to surf with coins that have just been listed on a well-known exchange, I don't think it's a problem as long as the filtering mode is turned on, otherwise there will be problems with the slow turnover of increasing the value of our investment. |
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What you need to know is that it is not only memecoin developers who collect funds from investors because almost all altcoins conduct private sales to collect funds from investors with various profit offers. so don't judge memecoins because memecoins are part of altcoins. and please study altcoins further so that you will find out how many altcoins no longer have value and have disappeared from circulation. and pay attention to Dogecoin, this is one that is considered a memecoin but still survives to this day.
Pretty much. and quite a few people have become victims of buying shit coins after we bought one of them. Apart from that, there are also coins/tokens which after we participate in the campaign also end like that. I think, this is where we have to choose and sort out which roosters will grow well in the future and be able to withstand market fluctuations. |
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Yh, long term view in the market. I think DCAing approach isn't complicated. It gives us room to buy at every dip (market situation), every time we buy we are still in profit because it counter trade if am looking from your view of losses in DCA. One thing we should be aware is that we use Discretionary funds to invest which we also avoid exhaustion when investing. The goal should just be accumulating, and hold with a strategic plan driven with a target and also ensure re-investing this will shade us from unnecessary fret in the market.
Am not being too optimistic but Bitcoin have proven itself, the market is volatile and price fluctuate but we just need understand the value of Bitcoin.
DCA will be difficult to implement if there are no reserve funds, if there are, we can easily arrange the adjustments. Investing is not just hoping that once you get a big profit, investing is about managing your money, how do we always get opportunities when prices drop. At the same time, that's fine, but when the opportunity comes that our reserve funds run out, maybe we can only watch without being able to do anything. |
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As you said, we should consider the next line of action in our investment, Bitcoin portfolio, Accumulation process and just allow the market do her thing.
I mean, I cannot remember the last time as others say analyze chart. Am only concerned about investing, holding, accumulating and building a solid Bitcoin portfolio because I understand the value of Bitcoin though not being too optimistic but already prepare for whatever outcome. Many keep, tracking while others are building let not deceive ourselves.
That's a must, otherwise the decision on when to go in and buy becomes gray. Maybe everyone knows how crazy this market is and how good it is that the upward mode can reverse into falling prices, Yes. As a smart investor, looking straight ahead is highly recommended. If you always fall into the same hole when investing, it's not progress but a total fatal error. |
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Discussions are very important here, as a bitcoin holder can share his plans and express his opinions here. Opinions based on which each other will get massive corrections from here, how to save bitcoin long term and holdings are available from here. But I want it to be more long-term.
For me, this discussion is just normal, just questions and answers. What makes it extraordinary is that people care that BTC is an investment that must be made in a long-term pattern, not traded. This will answer all the statements how people can earn their wealth when they invest in BTC. Thank you to JJG who always provides direction and guidance and is happy to straighten out what is not straight so that we will have the same perception and goals. |
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Come on, for anyone in this forum who is or wants to vacation in Bali, save and mark the address and join the Bitcoin house Bali community.
I heard it. Bali is a very nice place to visit, is it possible to make payments using BTC such as paying a hotel bill, or buying snacks there? |
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So True The Impact of the War on global economy is really bad. It becomes the cause of high oil price which increase inflation on goods and energy.  BTCIt doesn't really matter if you compare it to BTC, if it does, it's just a small ripple in the ocean. When the price goes up, all the bad news disappears by itself. Does anyone care anymore about the issue of war when the BTC price rises?? Investors will focus first on what they invest in, war matters are not their special concern. |
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If Bitcoin was a scam, you will not see people proceed into investing in Bitcoin like the way lots of people are investing in it today. Bitcoin has made some people to be extremely rich, including some traders who have become rich because they are trading Bitcoin on centralized exchange. There's no way to allegedly prove that Bitcoin is a scam, only the people that don't have legit knowledge about Bitcoin will think that it is a scam.
It's not BTC that makes people rich, friends, BTC is an investment tool which, if done correctly, will bring profits and the time period is also short. This is one thing that is different from other ordinary investments. If it says BTC it is a scam. Of course, my opinion is the same as what you expressed above, no, that's far from my current thinking. |
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