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even though el salvador is successful in implementing bitcoin, of course other countries will not be that easy to accept bitcoin as a legal currency. if you want to invest in bitcoin you don't have to wait for the results of the bitcoin implementation in el savador. I think now is the right time to buy bitcoin because currently the price of bitcoin is going down and in the next few months it has the potential to rise again.
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I think it is difficult for bitcoin to reach $100k in December 2021 because until now the price of bitcoin has continued to decline sharply. However, bitcoin has the potential to hit a new all-time high (ATH) or $100k level in the next few years.
what you say is true, it's hard for bitcoin to reach $100k in this year. even to break through $50k bitcoin is having a hard time, even now bitcoin price is getting further and further from $50k. but in crypto nothing is impossible, it could be that the current price decline is a correction before bitcoin reaches a much higher ATH. |
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This is a really insane prediction in my opinion. Bitcoin price is even struggling to climb to the $100k level now. If we don't see $100k in the first months of 2022 in the worst case, then I think that there is no way that the price will be able to reach a huge level like $350k before the end of 2022. People just like to make really interesting predictions and analyses.  price predictions that make investors flip. could it be that the end of 2022 the price of bitcoin could be $350k, I don't think it's that easy for the market to break through the highest price of $350k. the current reality is that to break the market price at $52k, it takes a price correction several times, especially to break the highest price as the op said. yes, if you look at the current market conditions, it seems that it is difficult to happen, but anything can still happen considering that the time before the end of 2022 is still very long. in 2017 the price of bitcoin went up very significantly in just a few months, So with time remaining it is very likely that the bitcoin price will reach $350k before the end of 2022. |
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Now everyone does not pay attention to their privacy. The use of Bitcoin for payment reduces the number of third parties and protects our privacy. There are many people who are willing to use Bitcoin to pay.
I think the best thing about bitcoin is that it can be used to pay, with functions like fiat, bitcoin will last for a long time, maybe most people currently only use it for trading and long-term hold, this is what makes bitcoin too volatile because demand and stock can skyrocketed unexpectedly. precisely because the price of bitcoin is very volatile, bitcoin will not be able to replace fiat money as a legal tender. I think the best thing for bitcoin is that it is recognized by the whole world as a safe investment tool. |
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a fraudster always has the latest ways to commit fraud, therefore we must remain vigilant and actively seek information so that fraud that occurs to others does not happen to ourselves. I am very careful in safeguarding my digital assets and I strictly avoid connecting wallets and going to suspicious sites.
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I think being a day trader can earn bigger profits than long term investments, but being able to do both is much better because you can get a much bigger profit. the profit you receive from daily trading you will receive at any time but with a small amount, but if you make a long-term investment you will enjoy a very large amount of profit in the future.
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Bitcoin price failed to hold above $50,000 in the past week and dropped drastically. The price is now trading below $47,000. Bitcoin price is showing bearish signs below $45,000 and could even drop to as low as $42k if it fails to hold above $47k and $48k.
It did drop to 42k but I don't see any problem with that because it's just another opportunity for me to buy more bitcoin and other altcoins that are going red right now because I know that after some dumps, we will see it go up again. yes it is your right to buy at any price, but you also have to be careful because the current bitcoin price still tends to decline. do not rule out after you buy the price of bitcoin again decreased. not forever after the dump the price will go back up because it could be that after the dump there will be another dump. |
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Many countries have made mandatory vaccination as the main condition so that people can return to normal activities and vaccinate to achieve herd immunity, these countries are France, Italy and the United States, I think in the near future this policy will be implemented in all countries so that no options other than vaccination.
I think all countries nowadays have made vaccines a requirement for normal life. but the time to reach 70% each country is different because the population and the level of public awareness of a country are different. in the area where I live vaccinations are going very slowly because most people in my area are affected by fake news about vaccinations. Fake news isn't the only reason vaccinations don't go well. lack of public awareness about the importance of vaccination is another cause of not going well vaccination. the government must actively provide education about the importance of vaccination so that everyone knows how important vaccination is. |
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In my opinion, although the price had gone up and down a few weeks ago, I am optimistic that there will be a very significant increase in the price of Bitcoin in early 2022 and the following years. I expect the bitcoin price to reach $80k to $100k early next year.
so do you think the next few months the price of bitcoin will be in the bull market again? looking at the current market situation it looks like bitcoin is in between two sides, namely the second period of the bull market and bitcoin will create a new ATH higher than $64k or the second period of the bear market and the bitcoin price will fall deeper than its lowest point this year which is $29k. |
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if you look at the current market conditions the potential for bitcoin prices to drop below $40k is very large. I don't know if this price drop is a normal price drop or an early indication that bitcoin is going into a bear market again. I hope the bitcoin price won't drop to this year's low of $29k as that could trigger an even bigger price drop.
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Until now corona virus cases are still spread in various countries, now the healing vaccine is being evaluated to various regions to overcome the covid disease but until now there are still many people who have not vaccinated so that the government must work more optimally and must be able to eradicate negative news that causes people to be afraid of vaccines, after more than a year we overcome this problem then the economy is very disrupted to lose workers. n and here we can add income from investment returns in the crypto world.
but this virus continues to mutate and create new, more infectious variants such as the delta variant. many countries have re-implemented a lockdown because many people have been infected with the delta variant. What I fear is that in the future there will be mutations that will make new types of viruses and current vaccines incapable of dealing with them. |
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I think poor people are more afraid about the future because they haven't found a way to solve the biggest problem in their life which is poverty. Rich people when they are poor know what to do because they have been through this problem before. most of the rich or successful people started their life from hardship or poverty.
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investing in crypto will have a very large return will certainly be news that can increase the popularity of crypto. if everyone knew that investing in crypto had huge returns I'm sure they would all start investing in crypto in preparation for old age. if that really happens, of course the popularity of crypto will increase very sharply and force every country to regulate ownership of assets in the form of crypto.
But the big returns are of course also accompanied by huge risks. when people know about the risks that will be accepted when investing in krito, will the journey to popularity be the same as you think? I'm sure when they find out about the risks they will accept when investing in crypto, they will think twice or even more about investing in crypto. |
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As long as you work hard and work hard, you will achieve certain results. Research on the areas you are interested in has always been valuable things that make people feel meaningful.
The current era is the era of Internet information, and earning income is very violent and fast. Since the rise of the Internet, we can clearly feel that we have set our own goals and put more effort in related professions and knowledge.
Maybe you can share more about your work, and we can also give you relevant suggestions.
Making money online is not as straightforward as you make it out to be, for example it is known that the majority of those that tried to earn money online by becoming influencers or something similar fail and even those that do not fail to not really make a lot of money, it is only a minority of people that are making big money online, and as such unless you have what is necessary in order to try to bring big audiences then your chances of success are very low. yes it is true, making money online is not as easy as other people imagine. Many of my friends quit airdrops and bounties and chose to work in factories because they thought this job could not provide a steady income. in fact it is, because making money online requires more patience and skill than working in the real world. |
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yesterday I went to the traditional market and I think the prices of vegetables, meat and grains are still stable. but the price increase occurred in fruit because it was approaching the celebration of a religious day that was identical with fruit, but the price increase was still within reasonable limits.
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So is the current price drop a correction before the bitcoin price jumps and reaches $100k?
to reach $100k before the end of the year means the bitcoin price must increase by more than 100% in 3 months. and if you look at the current market conditions it seems difficult to happen, even to penetrate $50k until now bitcoin has not been able to.
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some time ago the price of bitcoin dropped from $52k to $46k, and today the price of bitcoin dropped from $48k to $44k. we do not know whether after this the bitcoin price will go down again or not, what is clear when the bitcoin price is in the area of $50k bitcoin price will be pushed down. if bitcoin can't break that resistance line by the end of the month, it will be very difficult for bitcoin to reach $100k this year.
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Of course there are many differences between gold and bitcoin, as we know that bitcoin is very popular nowadays but I'm not sure it will last for another 100 years. gold is the safest investment because people have known gold since thousands of years ago, gold can be received anytime, anywhere and anyone, even 2 countries that are at war when transacting then they will use gold.
and the most prominent difference is the level of price fluctuations, where the level of gold price fluctuations tends to be low and the level of bitcoin price fluctuations is very high. therefore the risk of investing in bitcoin can be said to be very high, but the high risk of investing in bitcoin is also accompanied by a large return. |
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To be honest, why not both? Given all are in the crypto world, plus the volatility is imminent to both as well. For security, a lot may say go for Bitcoin, as it already shows its power. But, if you are willing to take a dive and maximize the capability of your money, why not invest in both. As long as you are equipped with enough data and information, that will support your every action then all should be okay.
It comes, with risk well it's trading and investing so expect it.
That's right, if you can choose both, of course it's much better because it can reduce the risk of loss and can increase your profit. there is no need to debate which investment is more profitable because both can provide benefits as long as you choose the right altcoin and have good analysis. |
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whether it is recognized or not, bitcoin or crypto has a major role in improving the economy of a country. many people who make this job as a side job, but not a few who make this job as their main job. because of that role the country should start looking at bitcoin as an alternative income, especially during difficult situations like the current pandemic. at least the government should issue regulations on bitcoin ownership and transactions so that bitcoins are increasingly popular and not used for things that are not true.
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