Last year I predicted Bitcoin will rise above the value at the start of the year and I was totally right about it, in April Bitcoin eventually reached a new all-time high price of $64k. Bitcoin added about 72% of its value as it increased drastically before it eventually started falling back in May till September. I don’t really know how this year is going to turn out now because of the present dip. But I just hope it increases, that’s why I’ve been advising so many people to hold their Bitcoins and even buy more now cause it will surely rise again.
Time is a flat circle and BTC in the long term (1-10 years) will be absolutely scarce and worth more, specially now with CBDCs coming Bitcoin has a strong position, I think BTC will be a hedge against everything in the world and will give you freedom. |
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I have been using Telegram for over 3 years now and I am fully involved within various communities, I also had my own group with around 120 members, this mostly involved giving information about various projects and educating people about cryptocurrencies and blockchain as a whole, this requires much patience and repeating your answer on same questions is something you need to do on regular basis.
Since the beginning of using Telegram I am using it on a daily basis and I am full time active on the app, communicating with people in different projects.
I have worked for the project COTI for almost a year and I know how to handle a community.
You are welcome to ask their team members for reference.
I hope we can benefit from eachother and I am eagerly awaiting your reply.
Thanks!
If there is any good project around that can use a good and active moderator please do let me know, my Telegram username: @GeorgeVrane
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There are a few reasons there is no marketing for BTC, first of all Btc is not a company and therefore there is no team or head for marketing purposes, also Btc is not ready for marketing and it will not be allowed by governments because Btc is a threat to them as of now.
On top of that Bitcoin is also not ready for being adopted due to various reasons, you can think of transaction fees, speed, etc. however the future in my oppinion is bright for Btc, each day Bitcoin is not dead is a day closer to adoption.
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I was searching for some threads which I hoped could give me some real instructions on how to get some merit for people who deserve them, this system demotivates people who are not willing to do extra for something they did not ask for but want to progress by time and effort!
Clearly I am disappointed to bump into a thread where you are told to learn English and read English books, nice tips but don't think people who don't know English that well on this forum wanting to make some extra bucks are changing their priority from making money into buying books and investing in themselves, this is just not the way things work for the majority.
I am not going into much detail why the first and foremost reason I came to this forum was because I wanted to escape a world where you need to behave like the rest of the herd and be regulated by a few but this is definitely looking like it, sadly it reminds me of ''Nosedive'' an episode of Black Mirror.
You have to have luck and need to research the right threads in order to have a chance to get some merit from people who actually read your comments and are willing to merit you, don't hope to get merit in a regular thread for your quality posts, at least I have never seen someone read my post and actually appreciate it and merit me.
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You should invest in little amounts if you dont want to loose maximum, this market as of now is uncertain and it can take a very long time to see some profits, there are too many tumors in the market now, market makers and big players screwing the market, if the market goes up and you are happy with your profits you should convert it into profits in order to invest if the market falls lowet, this happens all the time, try to invest at different prices every few weeks and average down.
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Being greedy while others are fearfull is very very overrated, this applied a few times with cryptocurencies last year, however this year and the market as of now is very different and being greedy while others are fearfull totally dont match the sentiment now, nobody is putting in tons of money in something that gives them losses, how many times were you truly greedy when others were fearfull?
Exactly, so as long as the market is not heading into a good direction you will keep losing your money.
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Bitcoin may be fine in a few years time, especially when the marketcap is in such an amount of money where the market makers and big players cannot manipulate the price, also depends on what you mean by doing fine, blockchain of bitcoin is doing fine because many companies and governments are using it, however the price is being played with, nowadays specially with the altcoins.
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Countries now are thoughtfull about cryptocurrencies and are somewhat cautious, at least how they bring the news and how they regulate cryptocurrencies, I dont blaim them yet because the market is very young and they stil not have decided what to do with cryptocurrencies, in the end it will benefit them but many people think cryptocurrencies will replace fiat, let me tell you know that that is not possible in any way for another 50 years at least, the reason I am saying this is because all the wars, trade wars etc. etc. is all because of keeping your country powerfull and stable, the governments will do everything in order to keep their fiat safe.
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I believe in holding, why shouldn't I believe in holding?
Trading is usually made by people who have some experience, people have a full time job trading, so go on if you want to try but most of the time you will get rekt, specially with the market nowadays trading is very difficult, its not only about charts anymore and not even about fundamental analysis, if you are willing to loose the money keep on holding and look back in a few years.
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One of the main reason for the degradation of Bitcoin is panic in the market which can be overcome with the sharing of facts and information subject to Bitcoin as it is the thing which has again taken the pace and in the coming times bitcoin is going to be highly productive.
Bitcoin is going up if you look at the innovation and adoption of blockchain, there are more and more atm's popping up everywhere and use of blockchain and smart contracts is being well used by many, however there are a lot of big players directing the market and therefore also directing the panicsellers and thus the whole market since this is a domino effect, in the end the adoption will be more and more and in a few years time the marketcap is too high to be manipulated. |
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Last year the causes of bitcoins price going up and down were due to positive and negative news, the market was very sentimental, if there was good news the market would grow huge and if there was bad news the market would fall a few percentages, now it is unfortunately very different, the market barely reacts on positive news but reacts strong on negative news, whales(big investors) have a hand in this, they control the market based on the news, hence there is a good reason why the market is going up and down.
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China has turned its back against a lot of things, google, youtube, and a few other platforms mainly used by the west, however I dont think China will turn its back against bitcoin because Chinese people are full into crypto and the Chinese government is also full into crypto, there is no way a country such as China is not into crypto, they are a very strategic country and I think they will come when least expected, it would be crazy that China is not supporting innovation and technology.
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Bitcoin is the future depending on what you mean by that, will Bitcoin be the main currency that will be used globally by every person of the world as a payment method? NO, because the governments will not allow that, there are wars, killing and bombs just because of a little oil or drugs etc. stolen by governments from poor countries, they will do everything to protect their fiat an thus Bitcoin will never have a chance to be used as payment method unless we are talking about maybe a few centuries.
However, blockchain technology is going to be used specially in the western world because they need it, the value of bitcoin therefore can be huge in 5-10 years.
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Altcoins are surely not doing well right now unfortunately, there is too much of a uncertain market around bitcoin and let alone altcoins ofcourse, I remember last year where 100's of millions were flying into all kinds of projects, we will not see that time again, thanks to regulations we will not see a golden periode like that once again and therefore you should pick your altcoins very carefully, I believe altcoins will do much better than now in the future.
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With that amount of money you should not diversify too much since it wont give you enough profits, better to keep it at a bank if you are not looking for some nice profits, try to diversify in maximum two or three projects, just investigate and research about some good projects that will do good in the future in your oppinion and let it stay there till it grows and take your profits, once you have some nice profits you can diversify from your profits into other projects.
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Both are good cryptoexchanges but binance is already so established since it's already been doing the business for quite some time now. With so many cryptos listed on binance, i believe that binance is more utilized than its newly counterpart in the name of Kucoin.
Of course, Binance is better than Kucoin, at Binance we can see a very high volume of coins than in Kucoin, and that I think this makes people prefer trading in Binance than in kucoin. There is no doubt Binance is the better exchange of these two, indeed the volume is much higher than in Kucoin but also the customer support of Binance is of high quality, they will almost immediately help you out and do it in a very proffessional manner, also on Kucoin 80% of the time your coins are not going trough, I had enough situations where I needed to contact Kucoin for letting my coins go trough, they allways have some kind of maintenance so my tokens get stuck there. |
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No Bitcoin has still not reached its goal, there are alot of ways bitcoin can go, it can be a store of value amongst many people over the world (globally), it can be used as a payment method in stores, airplanes, etc. etc., also Bitcoin has not reached its full price of what it can be, late last year we have seen what can happen to the market in less than 3 weeks when bitcoin went form 7k to 20k in less than 3 weeks, in the coming decade don't you think that will happen again? surely it will, therefore bitcoin has by far not reached its goal.
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This is something I totally dont agree with, did you ever hear the sentence : ''money makes money''? if no I forgive your naive question and thoughts, if YES than I think you are stupid yourself, someone who has money does make money far and far more easily than someone who doesn't have money, the stories you hear about people being rich from being broke are mostly made up and are very very rare and they had luck, in this world if you are poor you are mostly doomed because with being poor there comes much more, someone who is poor is physically not healthy, mentally not healthy and not happy at all, with all that they dont have the right things to eat and therefore they dont get the healthy nutritions they need in order to think clearly etc. etc.
This all is a domino effect whereas someone who is poor is not stupid if he doesn't get rich but he/she has not the chances.
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If no one sells and only holds that means the price is increasing steady over time, in my oppinion the people who are not trading but only selling based on the news or minor dump are the ones who shouldnt invest in bitcoin, they are giving cheap bitcoin to people who dump the prices and buy of the panic sellers, big players are playing with the market just to scare these panic sellers, if they all hold the manipulators cant do anything since than they give away cheap coins and someone else will buy them if they dump.
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