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101
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Economy / Speculation / Re: Bitcoin is the only currency that has grown the most!!
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on: December 07, 2023, 10:13:18 AM
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Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December? What do you think about the way the Bitcoin market is currently growing?
I think the way it works is like that, when bitcoin is about to rise, all money flows will go there. As a result, bitcoin will rise first while altcoins are silent and left behind, but after rising bitcoin will break for a moment, that's where the new altcoins will rise because money alternately flows into altcoins. and according to my predictions the cycle will always be like that. |
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102
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Economy / Speculation / Re: Should I still hold the investment or sell it?
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on: December 06, 2023, 03:12:45 PM
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From what you said, it shows that you don't have too much knowledge about bitcoin. So, first I recommend that you learn about the history and all the knowledge related to bitcoin, from there you will know whether you should continue to hold bitcoins or sell them.
My advice to you, bitcoin is a very good long-term investment. The longer you hold, the greater the reward you receive, but holding is not simple because of its volatility. That's why I ask you to improve your knowledge about bitcoin immediately instead of investing without knowledge like today.
Well, I agree, but maybe for some people it will be difficult, just investing without having any results from it other than an increase in value might be difficult, so I think some people buy Bitcoin and then sell it and open a business or something that can earn money every month. from there you will buy back bitcoin or other crypto. |
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103
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Economy / Speculation / Re: Is Bitcoin Bear Market over?
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on: December 06, 2023, 03:04:37 PM
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no one knows friends, everyone can only speculate, some may want this bear to continue but other people don't want it, that's why we see why the market continues to rise, that's what speculation is all about.
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104
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Economy / Speculation / Re: So I guess we sell at $48626 ?
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on: December 06, 2023, 02:57:56 PM
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Play heads or tails 5 times and there is a chance that it will come up heads 5 times. This does not mean that the result will always be heads. The same here. Sample N=3 (number of repetitions of the pattern that occurred in 2017 - rebound from 0.618 FIB) is definitely too little to draw conclusions about how accurate this indicator is. But like any good technical analysis indicator, Fibbonaci retracements have accurate data available online about the indicator's performance: "How Accurate Are Fibonacci Retracements? Some experts believe that Fibonacci retracements can forecast about 70% of market movements, especially when a specific price point is predicted." https://www.investopedia.com/articles/forex/11/fibonacci-rules.asp"Overall, Fibonacci retracement was accurate only 37% of the time. If you exclusively used this indicator for trading, you would have more losing trades than winners. Additionally, the golden rule of 61.8% was no more likely to be reliable than any other Fibonacci level." https://www.liberatedstocktrader.com/how-to-use-fibonacci-retracement/In my opinion, in the case of crypto, this indicator is better than in the broader market, because price here is not influenced by non-technical factors (such as the company's financial results), so it is probably closer to 70% than 37%, but it is definitely not 100%. Also 48k is a good target to take profit. Do you think everything is based on technical analysis? and history keeps repeating itself, I don't think if that's the case we should see a decline in bitcoin this month if it's based on history. It turns out that this month and 2 months ago Bitcoin has continued to rise this year. because this year may be different from previous years, where previously not many people or parties entered the bitcoin market, now many people know about it. I asked ordinary people, do you know bitcoin, they answered yes, I saw it on the internet. of course it will have a different impact, more market players will be more difficult to predict. |
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106
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Buy more ETH.....
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on: December 05, 2023, 02:03:03 PM
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The pioneer of the first smart contract, no one can beat ETH in terms of market cap and price for altcoins at this time.
but will something replace ETH in the future?
we see bnb so far almost beating eth but right now it doesn't look like bnb is a threat, in fact solana will likely beat bnb, it's just a matter of time until solana gets investor trust again.
But ETH will be firmly at the top alongside BTC.
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107
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Litecoin's comeback
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on: December 05, 2023, 01:39:47 PM
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I don't understand what you mean by all altcoins having problems, what does that mean? what do you think is problematic? Litecoin is still good and still worth investing in. But I think it's still a long way to beat Bitcoin, mate.
I don't think bitcoin can be beaten, because if altcoins rise then bitcoin will rise first, and when it goes sideways that's where altcoins will start to follow bitcoin. Bitcoin will always rise first if there is no good news that supports the altcoin's rise. |
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108
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Economy / Economics / Re: The power of investment choices
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on: December 02, 2023, 02:20:57 PM
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why do you make a ratio between losing a lot and winning less? At least the risks and profits must be commensurate.
New projects with small market capitalization and high volatility can make incredible gains in a certain time.
but the opposite can also happen so I think the chances are 50 : 50.
A good coin in the long term will always rise from its previous price.
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109
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Economy / Trading Discussion / Re: Mistakes to watch out for
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on: December 02, 2023, 12:57:51 PM
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One of the mistakes I do is to trade when a coin has increased significantly in price. If it has increased, I go on short position. This is also what I do if the market price of a coin has decreased significantly, I go long. The mistake is that the market will continue in the direction and no reversal sometimes. I later used averaging with it and I gain than before but it is very risky.
how can you be calm, some traders may panic and lose again. My mistake was when I took short and then the price went up and at that time I closed my short position, then I went long and after that the market reversed down. I really hate being in that position and usually I will spend the capital I brought that day because my mind is carried away by emotions, where I should stop for a moment. |
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110
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Economy / Trading Discussion / Re: Do You Use Crypto Signals?
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on: December 02, 2023, 12:54:13 PM
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I join several telegram groups but I don't listen to what they say completely because predictions can be wrong, and not always someone will be right all the time.
So it's a good idea for you to look at several other groups too.
Then you make your own choice.
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111
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Economy / Speculation / Re: My analogy towards breaking the silence of Binance and the rumours around crypto
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on: December 01, 2023, 10:10:26 AM
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I think if all holders sell their bitcoin before bitcoin reaches the base price of 1k, let's say, people will buy it at 30k if you look at the current price, it will be very difficult to sell it directly because there is no party holding above 20%, which is possible. happens to new altcoins/shitcoins that still have a few holders, but the case is different for bitcoin.
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112
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Economy / Speculation / Re: Will it Hold? BTC Targets $40,000
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on: December 01, 2023, 10:06:58 AM
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btc opened at a price of 38k earlier this month, there are still 30 days left before this year ends, but if you look at the current conditions the bitcoin daily chart shows it is stable and tends to rise, can we see bitcoin reach 40k for the first time this year.
I think if that happens it will go straight to the 45k increase.
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113
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Economy / Speculation / Re: Will another ETF be immediately bullish for Bitcoin?
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on: December 01, 2023, 09:48:19 AM
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I think in the short term it will still have an effect but not a big impact, for example, when good news appears, bitcoin and eth will rise for a short time and then slowly fall again.
Even though the impact was small, at least it increased when the news was announced.
I will take another example, when the CEO of Binance resigned, of course it had an impact on the price of BNB, even if only slightly.
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114
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Binance Launchpad Tokens
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on: November 30, 2023, 01:39:41 PM
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Seems these Binance launchpad tokens are really only good from the start.
But if you really take a look at these projects, deep dive. They really have good use case, I am thinking that it seems they are just started during the wrong market condition.
Space ID (ID) is good for me, especially if web3 will really adapt in the future, it's really useful for everybody.
Maybe your opinion is right, because they started in bad market conditions, but OP also doesn't see other projects released in current market conditions, maybe other projects can't survive. just need to be patient until the market recovers completely and we will see. |
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115
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Economy / Economics / Re: How do you work toward hodling bitcoin?
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on: November 30, 2023, 01:37:21 PM
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because it would create competition if he told her in detail.
We often hear influencers always say investing and saving but don't provide details about the type of person who can do this.
believe me, if people already support their families or relatives, it will be more difficult for them to do that than people who have no dependents at all.
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116
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Economy / Economics / Re: Imaginary Future
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on: November 30, 2023, 01:33:55 PM
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I often imagine losing my money when investing and think about it again, and say why didn't I divide it up first so I didn't put it all in.
but I don't make myself suffer by holding back the things I want.
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118
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: When is ever the right time.
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on: November 29, 2023, 01:57:38 PM
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Everyone will not know when is the best time to buy, but you can accumulate and see market conditions for reference.
If market conditions have started to improve you can buy and then plan when you sell.
When the market has risen very high, you should not buy it again, or you can trade in both directions if you already understand it.
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119
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: How quick do altcoins pump in bull run?
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on: November 29, 2023, 01:55:34 PM
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2024/25 will be my first bull run and I have been patiently buying and holding for over a year now.
Just wondering for those who were in the last bull run what it was like and how fast prices pump during the peak bull times?
Any advice on how to prepare when it comes to being ready to take profit?
I think next year or 2 years from now you will feel the results of your current patience. Sell coins during the bull run and buy coins again when the bull run is over. If you have done this twice in a row, you can start staking and earning because your cash amount is probably quite large. |
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120
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Economy / Speculation / Re: The Big Short movie, BTC edition?
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on: November 28, 2023, 08:10:32 AM
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I'm not too sure, it looks like USDT will be fine in the near future, but many other stable coins have gone bankrupt, one of which is USTC stable coin from Luna and everything in the ecosystem is destroyed.
For now, USDC is still considered the safest because it has high liquid, but I see that when making p2p transactions, people still do it with USDT and there is no excessive doubt/fear
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