Investments and, what is more, risky investments must be done only using money that you have saved on your own. It is a terrible mistake to take loans and invest borrowed money in crypto. It is impossible to predict for sure the movement of the market in the short term, so it is better to invest in the long term and use your own money.
It's too risky to use borrowed money and use it to invest in crypto, however it is not the right decision and need to consider strongly if making that decision, It's clear that everyone is responsible for their own decisions I have known bitcoin since early 2017 and until now I do not dare to use borrowed money to invest in crypto because I understand very well that investing in crypto is an investment that has a very high risk. Market conditions are completely unpredictable and there is no guarantee that the targets you set will be achieved as expected. the best way is to use your own money or you can participate in airdrops or bounties and use the money generated to invest in the crypto of your choice. |
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Not all coins that you choose today we can invest in the long term, because many coins that you choose less potential to be able to get profits in the future, only safemoon, algo, shiba and ADA that you can rely on to invest because for now the trading volume is increasing then it has a great possibility to be able to get a large profit for next year.
only safemoon, algo, shiba and ADA? there are still many altcoins that have a larger trading volume than these altcoins and have great potential for long-term investment. BNB, Solana and MATIC are altcoins that have very large trading volumes and are excellent altcoins for long-term investments. |
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^^ It has a hard time breaking $50k because it is considered what we call mental barrier. But once we got over it, we can surely hit the next support level of $52k, so hopefully that will be the price before the end of the year. At least above $50k is already good. And we will not reach a new all time high. We should look forward next year, as we could still see a bull run and touch at least $100k as predicted. So let's see how it will pan out in the future.
I think $50k is not a resistance line that is difficult for bitcoin to break like some time ago because yesterday the bitcoin price managed to break through $50k and there was no continuous price recovery because today the bitcoin price fell back below $50k. I think it's still very possible at the end of the year the bitcoin price will be above $50k because after a price decline there will usually be a price recovery. |
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No one can control the bear market, I think, and as far as I know, the bear market is only influenced by external factors that come from various media, thus triggering a new polemic within the bear market itself. so we must be able to follow such information in order to follow the flow of the bitcoin market.
Bear markets are not only caused by bad news but can also be caused by bitcoin selling by people who have lots of bitcoins and most people call them "whales". although they do not control the market as a whole but these people can cause the price of bitcoin to fall or rise suddenly. but for now we have not fully seen bitcoin enter a bearish phase because price recovery is still common. |
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Considering the current market, many people may think that the bull market is over. However, I think that even if the price is dumped, everyone is ready. With the change of this situation, a new bull market will start which is more than last year. Next year that means 2022 will be the one another remarkable bull market year in the crypto currency history.
Your opinion is correct because at the moment many people think that the rise of Bitcoin may end here. As of this month the Bitcoin market has always been below 50 thousand. Many believe that Bitcoin is likely to reach its peak in the new year 2022. not a few also think that the recent price decline is a sign that bitcoin will soon enter a bearish phase. I personally agree with this opinion because since early 2021 bitcoin has been in a bullish phase and now it's time for bitcoin to enter a bearish phase. the point is that all these opinions are currently unproven because the bitcoin price is currently in a stable phase and market conditions are unpredictable. |
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The cryptocurrency market is completely uncertain and you can't make the right decision based on what you think. The Bitcoin market has reached an all-time high of $ 70,000, but is now hovering below $50,000. However, this year may not be possible, but in the coming new year, Bitcoin will again be at its peak Will arrive.
then what makes you believe that in the coming new year the price of bitcoin will return to its peak? as you said if the crypto market is unpredictable, most likely next year the bitcoin price will often correct because this year bitcoin has been in a bullish phase for quite a while. |
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I think if everyone asked this question, of course they would have more confidence in the usd, considering that currently bitcoin users are still minimal around the world, even many who don't know about cryptocurrencies. on the other hand for bitcoin users, of course they are more comfortable saving btc than usd, considering this is a profitable investment
then what if the question is asked to someone who uses both (USD and bitcoin) ? I'm sure they will answer according to the function of the two. if you ask about the accepted means of payment in many places they will definitely choose USD, but if you ask about profitable investments they will definitely choose bitcoin. we cannot judge both of them from one side only because they both have different advantages and disadvantages. |
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The fact is that currently the bitcoin price is still in a downward phase and we never know whether the decline that bitcoin is experiencing now is a sign of a bear market coming soon or this is just a temporary correction for bitcoin, looking at the graph of the current bitcoin price movement that has tried several times to back to $50k and above but bitcoin seems to be having a bit of a hard time holding that level, so I think if the current decline is a temporary correction then I'm sure within next year bitcoin can reach the $100k level, but for $150k it looks like it will take some time longer by bitcoin.
I think the recent drop in price is a sign that bitcoin is about to enter a bearish phase. the market needs balance and the price will not increase continuously, bitcoin has entered a bullish phase since the beginning of the year and it is only natural that towards the end of the year bitcoin will enter a bearish phase. but even so on social media or on this forum I still often find predictions that say this price decline is only temporary and at the beginning of the year bitcoin will recover. |
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I think market conditions have nothing to do with holidays or any religious celebrations because holidays or religious celebrations are not news that can affect the market. towards the end of 2017 the bitcoin price entered a bullish phase and in 2021 the bullish phase occurred twice, namely at the beginning of the year and in the middle of the year. In other words it can be said that market conditions have nothing to do with religious holidays.
Christmas and New Year's holidays are long holidays at the end of the year, most people want to go on vacation with family. and of course this long holiday would cost a lot of money and require someone to sell a small part of their crypto assets. This reason is actually quite reasonable because I myself often sell a small part of my crypto assets to go have fun and vacation with my family. |
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The cryptocurrency market capitalization is very small compared to the rest of the economy so it will not be able to affect the overall economy. Throughout the world's economic history, recessions have come from holes. Cryptocurrencies look very bright, transparent so I think crypto is the solution to the economy instead of seeing it as a risk.
if you compare it with the world economy the crypto market capitalization is indeed much smaller, but if you compare it with the economy of a country the crypto market capitalization can be said to be very large and even exceed it. even the market capitalization of bitcoin alone can pay off the foreign debt of several countries, meaning that crypto has the potential to boost the economy of a country and even the world economy. |
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yes btc can go as high as $120k, but no one knows when that will happen. if you learn bitcoin investing properly and know how the bitcoin price moves you will not use the money from a loan to invest in bitcoin. many predicted that before the end of the year bitcoin price would reach $100k, but in reality the prediction was wrong because bitcoin only reached its highest point in the $69k range. meaning that your predictions about the price of bitcoin are also potentially wrong like most people's predictions.
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The thing that I regret the most is that I didn't immediately learn more about bitcoin in the early days of the bitcoin issue. if i had a little bit of bitcoin maybe now i am much more settled in my finances. for now buying bitcoin is very expensive.
if you are just stuck in regret your life will not change, take that regret as a lesson so you don't get stuck in the same regret. I also regret why I sold all the bitcoins I had in 2018 and I didn't buy any more when the bitcoin price was low. I'm currently starting to collect bitcoins from bounties and airdrops so that this kind of regret doesn't happen again. |
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Bitcoin is a very good investment if you can HODL it long-term. If your friend has the gut to HODL bitcoin long-term then he can make a lot of money. imagine how much the guys that invested in bitcoin early made in pure profits by just HODLing bitcoin long-term. Bitcoin is only profitable if you can HODL it long-term. They say fortune favors the bold not weak and so does the bitcoin.
the problem is that new investors will usually feel panicked when the price suddenly drops drastically, especially at this time the price of bitcoin is still relatively high so the risk of a price decline is still quite high. Therefore it is very important to provide information about bitcoin price movements which are very volatile to new potential investors, with this information it will certainly make them more prepared to face the risks they will face when investing in bitcoin. |
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In my opinion, although there is a deep correction in the current bitcoin price, fundamentally Bitcoin has not yet entered a bearish phase. Moreover, in recent weeks bitcoin market cap has not experienced a significant slump. The current selling action that makes the price of bitcoin plummet because it is dominated by new investors, not old investors. However, if you look at the on-chain structure, it seems that bitcoin price recovery is unlikely to happen quickly and will take the next few months.
yes bitcoin has not entered a bearish phase but the price decline that occurred a few days ago could be an early indication that a bearish phase is imminent. bitcoin price fell very deeply in just one day and until now the bitcoin price has not shown any signs of recovering, of course this will make new investors or old investors feel worried. yes, the recent price decline could be a sign that bitcoin will soon enter a bearish phase, but I think the recent price decline is a reasonable price decline and the price decline is the impact of price increases that have occurred since the beginning of the year. now the bitcoin price is slowly recovering and the bitcoin price is now back above $50k, i hope this condition will continue and there will be no more bull traps. |
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I think, if traders have been investing in crypto for a long time, they are well aware of bitcoin price movements in the market and don't panic when they see bitcoin prices go down. But for novice traders or investors who just want to invest in crypto, they panic about selling their assets for fear of falling prices. Therefore, investing or trading in bitcoin is very necessary to be able to control emotions and stay calm in the face of price movements in the market.
I think old investors also often experience panic selling when the price of bitcoin drops drastically, sometimes we also need to do this to avoid bigger losses. after that we can set a new strategy and buy when the bitcoin price starts to recover to cover the losses we previously got. Panic selling can indeed cause market conditions to get worse but it can prevent us from getting bigger losses. |
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Simple thing that we can transforming skill to profit, if you are good at translator, there are a lot of translate bounty, you can doing it solo or maybe with your friends to get best result. In past i joined my friend to join translation campaign, then we help each other to correct the result already good or not, and then if both of us already satisfied, we submit our task to managers.
To become a translator you most likely have taken special education, therefore it is only natural that a translator gets the highest paid in this forum. the only problem you face is that each translator campaign only requires one translator for one language, in other words you also have the most intense competition among the other campaigns. actually to become a translator does not have to take special education (but most people use this method). My friend can become a translator because he often reads English comics and English cartoons. My friend can be a translator because she often reads English comics and watches English animated films. even now he is also a translator on a tour and makes quite a bit of money. |
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There are many ways to make money online before crytocurrency I was a freelancer doing data enties job and I used to get paid pretty well.Last three years I joined the forum and have been into cryto since then,have made alot of money.Online ways to make money are much easier and provide more financial freedom than normal jobs.
yes that's right, many online jobs that can make money other than crypto. apart from making money in crypto I also make money from youtube and write a blog. but for me making money from crypto is much easier and the money made is also bigger, that way I make crypto as my main job in the online world. |
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I don't think so, are you new to investing in BTC in the short term and just getting started. if just starting to invest, we can say we are stuck in it, BTC is being corrected. for me this is very reasonable, because it has long been pumped and touched ATH. for investors who have held on to before the BTC pumped up, this is the last remaining opportunity to take profits.
the only thing we can do when we are caught in a bull trap is to hold on because the price of bitcoin will recover and you avoid losses. but what often happens is that when caught in a bull trap many new investors panic and think bitcoin will soon enter a bearish phase, to avoid bigger losses they decide to cut loss. |
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Even though the bitcoin price has had a major correction of late, I expect early next year the bitcoin market to be bullish again. I predict that Bitcoin price will still surge to $70k in 2022 but will probably reach that price level in Q1 2022.
This kind of speculation will continue to arise because market conditions are unpredictable, what is clear is that the hope of bitcoin reaching $100k before the end of the year has disappeared. now many predict that in 2022 the price of bitcoin will remain bullish and expectations that are not achieved at the end of 2021 will be achieved in early 2022. |
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It looks like the price of bitcoin will not reach $70k for this year especially with only a few weeks left this year is coming to an end and the price of bitcoin is still experiencing a very deep price decline. even bitcoin price is still hard to get back up to the $55k level after hitting ATH. however, I am still optimistic that there will be a positive sentiment that will make bitcoin prices rise again early next year.
anything can still happen because of market conditions no one knows. the first possibility is that next year the bitcoin price will continue its bullish trend in 2021 and reach a higher ath, and the second possibility next year will often experience corrections due to the impact of price increases that occurred in 2021. |
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