Unfortunately, people are always looking for easy ways to gain money without knowledge and making effort. In addition to that, they be spending a lot money on unnecessary goods and items. In my opinion, it is really essential invest in yourself at the beginning instead of wasting your money on un guaranteed profit without education, it would be effective if you try to improve your skills, creativity, decisiveness and knowledge. That’s the first step to achieve success. Regarding your question, it is important to look for both ( what to invest and to eat), that’s how we can reach financial stability and healthy life.

I completely agree with what you said, we should be delighted due to the community of girls is getting bigger by time and that will definitely have positive impact on Bitcoin and generally cryptocurrencies. I genuinely believe that girls have the potential to succeed in trading  even more than guys because they are  patient , disciplined  and have a high self-control. In addition to that, the more we attract people to crypto trading, the more market cap will be boosted and the more prices will be increased especially the ones on top of cryptocurrencies such as Bitcoin, Ethereum and BNB.

Good point of view. And in my opinion, distraction is not the main cause of loss but greed, lack of knowledge  and self control…etc. Plus, it is really essential to be completely focused while trading or making decisions due to one mistake may cause a massive loss especially when you do daily trading and your capital is pretty large. In addition to that, you will be able to limit losses when you gain experience, practice and improve your decision making, they will be definitely achieved by time.  In conclusion patience, education, and self development are ones of important keys  to succeed in crypto trading.

Well, if you don’t wanna take a risk, simply play it safe and make your strategy simple, it could be by investing fractionally or in parts. In addition to that, it seems that Bitcoin’s correction is just ended,  at this moment the current price is almost $30k and it is expected to see another rise in next few days. As far I am concerned it will probably hit $35k in 1-2 weeks. In fact, maybe this is a precious chance to invest a large money in Bitcoin. If you have an acceptable amount of cash or stable coin, don’t hesitate and to convert them in BTC but as I have mentioned it is preferable to be fractionally due to the market in unpredictable and volatile.

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BTC address: bc1qqud6s8q9pdpwcern0ekuf53pvffc5jtm9v6070

I had the same thought as you, Bitcoin will definitely reach $30k after this current correction, It will probably happen in next few days but what’s next? Well, it is extremely complicated to predict BTC’s price in the near future. However, I totally doubt if it is going to dump under $30k again. Furthermore, everything is dependent to Whale’s decision or plan due to they control the value of Bitcoin. Hopefully, it will rise progressively in next months. In fact, It is safer to invest now and HODL until next halving in May 2024. Patience is always the key to gain large money in crypto era.

Well, gold price has been progressing solidly since 2016, it went from $1100/oz  to  $1900/oz and to be honest, it has to potential to increase more in next years despite the global economic crisis and inflation. In my opinion, it is preferable to invest in hard assets such as gold, sliver, real estate, diamonds..etc instead of taking a risk by putting on your money in digital currencies, it is certain that Bitcoin investment is fruitful but what if the market suddenly shut down? Or Bitcoin’s price decreases dramatically to $10k ? Or your wallet gets hacked? .You have to expect the expected , we have no idea what tomorrow is gonna bring for digital currencies, that’s why we have to be completely prepared for all expectations and make different plans to minimalise the risk.

In my opinion, we cannot gain experience without facing losses, obstacles and tough moments. However, it is really important to learn from your own mistakes otherwise you will repeat them. In addition to that, the more you gain experience, the less you make mistakes and face losses. And if you are beginner in trading field, you will possibly lose a money at the beginning even when you have enough knowledge. As far I am concerned it is better to start with a low capital to get away the risk of loss and once you gain experience you can add or boost your capital.

 I totally understand that you’re waiting for the best opportunity to purchase Bitcoin but what if the price increase  significantly and suddenly? At that moment, you will definitely regret for not taking the previous precious chance. In my opinion, you should buy Bitcoin fractionally for example the current price is actually $28k , you can buy like $1000 , it equals 0.03552 BTC and keep your eyes on the market and try to chase more opportunities, it the price goes down, buy again. That’s how you can minimalise the risk of loss. And do not hesitate OP, if you have a solid capital , start investing in Bitcoin, it will certainly be fruitful especially in 1-2 years. Good luck mate.

Well, I genuinely doubt if Bitcoin will hit all time high during this year due to a lot of factors such as, the ability of capitalists or whales to control Bitcoin’s value, they can cause bull and bear run by moving their funds wherever they want to. In my opinion, they will let the price increases significantly until the next halving ( 2024 ). In addition to that, I personally don’t think that a solid bull run will happen in next few weeks. Probably after this recent correction it will go up to $35K and reaches $40k by the end of this year. In fact, It is really tough to predict an accurate value.

To be honest, Bitcoin and altcoins are completely different and nonidentical due to the profit in BTC is guaranteed. The more you buy at  red, the bigger chance to earn in middle and long term unlike the majority of altcoins, they are extremely unstable, it is risky to put large amounts in them. In opinion, you should focus only on Top 10 of cryptocurrencies, they are based on solid projects plus they have a huge community and HYPE, It is safer in invest in them.  And regarding Bitcoin , DO NOT SELL even when the price goes up and keep purchasing as much as you can .

Simply, Centralized exchanges are easier to use for beginners than decentralized ones and have more advanced tools. In addition to that, they offer tech support unlike DEX  and by using their platforms you are allowed to buy crypto with FIAT. In fact, crypto users especially newbies are more looking for simplicity through easy operation and regulation. Regrettably, centralized exchanges have a plenty of cons  such as risk of getting hacked, no anonymity, your funds are completely controlled by them.
As far I am concerned DEX’s have not been known well yet due to they are newer than CEX’s. Possibly more Bitcoiners or generally crypto users will move to DEX once they get to know the advantages of them.

Bitcointalk Username: Baoo
Utopia Public Key: 05AF53C013D35625960EF3B005CB94B27745F8F01046C336E788D84F7AFEB672
BTC Address: bc1qqud6s8q9pdpwcern0ekuf53pvffc5jtm9v6070
Message Deep Link (Chat link): https://utopia.im/d53b4431fd604e2f0261792444797aa4?tid=2053891222030821649
Slot No: 34

Well, I am pretty sure that a strong bull run will  be achieved after 4-5 months from the next halving probably in September or October 2024. In fact, in previous Bitcoin halving that’s what exactly happened , the price increased significantly  after 150 days from the event. For example in 2012 , the value of BTC went from $12 to $1000 , and in 2016 it went from $670 to  $ 2550. In conclusion the more you HODL and invest during this year, the larger returns in next 1-2 years However, nobody knows what the future will bring for Bitcoin and generally cryptocurrencies so it is pretty difficult to predict accurate prices especially in middle and long term.

I absolutely agree with what you said. In addition to that, the more you have  realistic vision and the ability to control yourself , the more effective in making financial decisions. And without taking risks, you could not get any high rewards but they must be planned ones. Plus, opportunities only come to you. However, over-excitement , greediness and rashness may lead to terrible consequences. In fact, If you want to be more financially secure  , simply find multiple sources of funds and invest your extra income in Bitcoin and Ethereum. I genuinely believe that without knowledge, hardwork  and experience, we cannot achieve success and reach financial stability.

In general, investing in cryptocurrencies is perilous and unsafe. However, Bitcoin investment is less risky especially if your strategy is a long term one. And to be honest, it is one of the best ways to earn large income but that can take a lot of time to be achieved, it requires patience. In fact, I encourage your friend to use DCA ( Dollar cost averaging) method, it could be effective to manage the high risk  and gain money in a safe way. Plus, the recent price is a good opportunity to purchase Bitcoin but be careful, it is preferable to not invest more than you can afford to lose otherwise, you will fail and regret.  As far I am concerned the more you invest when the price is low , the larger return in long term.

In my opinion, the current correction in market is certainly appropriate to invest in Bitcoin and I doubt if it is going to last long, that means it is perilous to wait for a lower price than the recent one. In addition to that, the benefits and drawbacks always existed in every development in market. Simply, buy when the market at red sell at green ( if needed ) and it would be better if you save an acceptable amount of stable coin for better opportunities ( upcoming drops ), indeed the current correction is temporary but what if the opposite happens?  And Bitcoin will keep decreasing dramatically. In conclusion, when a sudden event occurs, analyse the market and expect all possibilities, that would help you in taking decisions.

Well, you have mentioned some useful points OP, the most important tip is the last one ( Learn to say NO ). Regrettably, too many people couldn’t control their desires, they be purchasing  unnecessary goods and items without any reason. In my opinion, the main reason of this widespread issue is the negative impact of social media ( specifically ads and influencers) on people who have lack of self control. For me, I would rather save money and invest them in crypto or businesses than waste them on useless stuff. In fact, we have to be completely ready for any sudden surprises and plan for tomorrow. Unfortunately, we don’t know what life is going to bring for us. So the more we have treasures ( like, lands, gold, businesses.. ) , the safer we and our families are.

To be honest, nobody knows what tomorrow will bring for Bitcoin , it means every scenario is excepted to happen nowadays. Do you remember when Bitcoin hit ATH ( $68K ) in 2021? . At that moment everyone were optimistic in Bitcoin’s future and expecting to see another strong bull run but unfortunately, the opposite has happened, It went down to $50k , $40k then  $30. In conclusion, you have to predict the unpredictable, listen to nobody and adapt yourself in every new condition. Also it is preferable to prepare multiple plans, that would be effective especially in tough situations such as sudden and significant bear run.

My 2nd prediction: 25,601 EUR

Username:Baoo