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I was looking for the answer to this question when I first entered this market. First of all, I had a passion for mining, and as a result of my long researches, I realized that mining would not be of much use to me, and it would be more logical to buy bitcoin with the money I had. Of course, there are people who see the benefits of mining. but it is an area where it is not possible for everyone to set up very nice systems and make mining that benefits everyone.
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I have been following blockchain technology and bitcoin for many years and this distrust continues for many years. but there is a detail that this distrust started to increase at the same rate as the increase of shitcoins and exchanges hacked or the founders of some fake exchanges defrauding people. this is so normal. What is not normal is that this technology is only seen as a scam. It would be wrong to ignore the importance of these technologies and ignore real and solid teams and projects.
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The fact that the technology of cryptocurrencies is reliable and promising for the future, that the team behind it is a solid and strong team, that it is unique or has a distinctive difference from the similar ones, I think are the factors that lead that crypto money to be successful.
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I wish this question had a clear answer. I do not think that this question, which has been asked by everyone for years, can be given a clearer answer or a definitively misleading answer. I think everyone would be rich if that was the case.
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hodl is a very important point in investment. I think, like trading, hodl is a matter of skill, perseverance and intelligence. hodl is not buying and holding any coins. hodl is a business of research, trust, planning and strategy. Even calculating how much time it will take is an important detail.
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Bitcoin's drop this time started to worry me too, and I was surprised. Not only bitcoin, but almost every coin has experienced huge drops. but the only thing that gives me hope for bitcoin's decline is that it has the potential to set a new record when it rises again.
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I also agree that bottom purchases will be a great opportunity. I have been following the stock market for a long time and I can understand what you are saying. But I think this is not true for every coin. Despite the rises of bitcoin, there are many coins that have difficulty in moving upwards. Luna seems a bit of a dangerous investment to me. I have no hope of getting it back to normal.
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Luna became a coin that made many people suffer. People do not want to believe this decline and hope that it will return to its old levels. That's why he's after buying from the lowest levels and making a lot of profit. but I don't think it will come back to old levels. even if that happens, it may be after a very long time.
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Buying time or selling time is not the same for every person. While some investors buy and make money even in bear season, some people think that bull season is just buying season. business intelligence plays an important role here. Those who research and know the stock market well always win.
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There are people everywhere who want to get investment advice with certain amounts. but the important point here is that the investor creates his own investment strategy. Risk management is very important. Since everyone's strategy and risk management will not be the same, it would be better to do your own research and invest in this way.
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Bitcointalk Username: arapgeceleri
Current post count: 394 (inc this one)
Merit earned in last 120 days: 0
Your Discord username?: Onur#7928
ETH wallet [Must be the same which you used at the standard website.]: 0xd4B29EF2a161C77c3000B6329C577F5b5748CBE5
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seeing it as a garbage dump is a situation that makes me sad. this market is always a valuable market. When the price of coins goes down, it is very wrong to see them as garbage. Already successful coins are resistant to declines and prove to be different. If we are to describe it as garbage, it would be more correct to say that it is based on the coins that do not show resistance in these decreases, or maybe will be deleted from the market.
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vitalik buterin was a very logical move to me. He sold the MEME coins he received and converted them into money. This is something anyone will do when realizing that MEME coins have no future. I would do the same if I could get it. and because he had a huge amount of MEME coins, he turned it into huge money. however, some MEME coin supporters were uncomfortable with this situation. It's hard to understand why they also support MEME coins.
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Not all cryptocurrencies are invested. this has always been a risky act. You may need to consider many factors when investing in cryptocurrencies. and we see coins entering some major exchanges as successful so we invest. While these are not very risky, we must be very careful when investing in coins that are very low priced and not listed on strong exchanges, it can be very risky.
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whatever we have experienced We lived because of Tesla, Elon Musk and Doge. everything happened because of them. now I get angry when I see the words tesla, doge and elon musk. I am very surprised how they managed to stay in the forefront and be so harmful. we glorified them and made mistakes. They did nothing but damage this market. And it doesn't concern me anymore whether the tesla accepts doge or not.
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Rather than seeking investment advice, you should research your own investment and determine a coin according to your investment strategy. If the bad trend in the last days continues, there will be coins that create many buying opportunities after the market enters the month season. It will be healthier to do your own risk management by researching those coins that allow you to make good gains in the bull season.
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hodl is one of the best methods for me. and I think it's the most guaranteed investment method. because short-term trading is not something that everyone knows and can do. Therefore, with hodl, we have a chance to make a more secure and secure investment. Even someone who does not know how to trade has the chance to earn a profit by hodling. The important thing is to buy from the bottom and sell from high. but we do not know which is the lowest price and the highest price.
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I am not worried about bitcoin's recent declines. I find these decreases normal. Without these decreases, the market cannot proceed in a healthy way. As many experts have said, bitcoin should make a correction after its rises and it can show stronger gains thanks to these corrections. so I'm not worried. I think it is an opportunity to take advantage of the low price opportunity and buy bitcoin.
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We shouldn't be too late to buy bitcoins. bitcoin is a coin that always offers buying opportunities and always has the potential to make a profit. There will be those who approach bitcoin negatively due to the current downturns, but we will strive to get the best profit from bitcoin as we are aware of these decreases and the importance of bitcoin. Thinking the bitcoin price, this offers us the opportunity to buy we have to evaluate this.
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