2018 ATH passed and went 3x 65000USD to BITCOIN. Now we again expecting to go 100,000 and 130000. I think its useless point now. its better to wait 2025. just accumulate usdt and ready for 2025.
Why are you only calculating BTC's ATH after its previous ATH? BTC did more than a whopping 20x from its low of around $3500 that took place between that period, don't you see that? I guess crypto is not going to be an average guy's own bank anymore, so to wash out almost all the weak hands by shaking off the markets and gain all the BTC from these guys' hands, institutions are going to push it so low that every crypto investor will think that why the hell did they choose to add crypto in their portfolio. And once there's enough FUD in the markets, institutions will take BTC to the next level.
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Merit givers aren't giving merits because there aren't any valuable discussions that deserve merits, else I don't think that merit givers are doing it any bad. The ones who are leaving are maybe because either they are fed up of the merits system (which was released to actually weed out those parties who don't post with constructiveness), or they are not seeing any more campaigns coming online because of the exhaustion of companies maybe or such are scared to come up with BTC campaigns following highly volatile moves being seen in it nowadays (maybe). I believe that if it's losing some users, then they either don't deserve to be here or they have lost interest in crypto (again, maybe) or they've become too busy IRL to come here.
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If you bought it with money you could afford to lose, then simply hodl. If you bought your coins with money that's needful to you and either you've got an emergency or it is a very hefty amount and you're in less loss, then you may sell it. There are many analysts saying BTC to be reaching a new ATH of over $100k this year itself, but I believe they're only selling nonsense and I don't think there's any such chance because institutions won't let retailers play it like that and the interest has also turned into fear here, so I believe there can be some more downturn here for BTC.
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I had been into some projects where I used to earn interest through farms and pools, but there's just one thing that I've seen, either most of them rug-pulled their investors or the other way around, where investors duped their money quickly. There were so many good projects that failed like hell due to this. If this is different from them and has a risk management factor that allows us to see if their buyback strategy works out better, then I'd definitely be investing in it.
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You can read here: https://mobile.twitter.com/ummjackson (there are only those 10 tweets, nothing to scroll) Although I preach how good crypto is to people I meet. His thoughts do make sense. What do you think? Yes, they really do make sense. To me, it's a feeling like we've now become puppets of those so-called institutions who themselves suck toes of banks in order to get their own money, and we were thinking that we've become our own bank holding crypto. I mean, after reading his thoughts and getting very, very much depressed as to what crypto has done to the ones who bought in with their entire life-savings and some even sold their houses to go all in on crypto (it's those guys' choice to sell their coins but still, if nobody would sell, how can someone buy?), if they bought at the top (an altcoin) and it's now less than 30% of its entire value, what would be their condition ATM? I mean, I don't say that stocks and other things doesn't have these things, but then, why the hell are we crying for regulations? So to get into the hands of those centralized powers completely and I guess we are already, as they've taken over everything and even if they drop crypto to its ground after taking their profits, they won't lose anything as that's their agenda.
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I believe that there are chances people of that country is either given a time bracket during which they are expected to sell off their coins and get rid of crypto asap, or they may try to boycott their government or maybe try to find a way through which they can continue their trading in crypto in a hidden way.
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I'm applying for The Supermoderator position -Resume I don't have an official resume but I worked for ccFOUND as their telegram moderator, and currently assigned with an Advertiser's role in the same. -Why you are a good fit I believe that I understand whom to be kept and whom to be kicked (as I banhammered a lot of spammers out of the ccFOUND main chat so to keep it clean). Can prove my words if given a chance. Moderation of moderators is not an easy task tbh, but I do have the endeavour to handle it better. -Prefer a Good reputation Had been here for years, dedicated selflessly, so I believe I should be trusted for this position.
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I don't know why but dark coins like monero, dash, zcash, etc. have been highly underperforming during this bull run if you compare ETH and BNB to BTC in terms of both BTC and USDT. It maybe because the new trends have changed the look of crypto by dragging the attention towards shitcoins, memecoins, DeFi, staking, NFTs, etc. Nobody is interested in dark coins and that seems the major reason why a coin like XMR is not growing the way it should.
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I've read too many posts about a country declaring BTC as a legal tender. I don't understand how can a highly volatile "speculative asset" with no fixed value be used as a legal tender. I too understood in the very early days of BTC and crypto that BTC can't be used as a currency because it fluctuates in value and the fluctuations can also be dangerous sometimes which can lead to immediate losses to businesses who may not sell but hold BTC.
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I don't think that this will survive on. long term situation since when you have a project you need to let people know about the purpose of the coin and how many people use it. There are other coins/token that didn't survive long due to being useless or a shit coin. Nice joke by the way. Let's just all wait and see of this can go on longer than other tokens.
I'm not a fan of these tokens but you must see their pumps and dumps and the liquidity available in that project. If you DYOR correctly, I believe you will get chances of making a killing 10-100x on any of these coins and your losses will also be easily covered in these tokens if you know how to do it in a calculative manner. Did you look o3swap? It was sold for $0.36 during presale and went up as high as $15, which gave an easy ~50x to investors. But a very important advice, if you're investing even a single cent into these tokens, mind well you've forgotten about it as it's all pure gambling. So kindly invest what you can afford to lose.
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I use margin trading (margin, neither spot nor futures). I watch the hourly charts, then when BTC closes lower (no value specified, but simply lower), I buy it with 10% of my capital. Then, if it closes back below that low, I put in 10% more once the next candle opens. Then, if it closes above the previous (first) candle's high, I sell 10% of my total position and let the 90% profits floating. Then if it comes below the second candle's low and closes, I buy more BTC with 10% of the remaining capital. I hedge. That's my strategy.
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I think it was a property of the wealth in the past, and was, kinda, in recent times but with USD and other currencies beginning to crash, expect more and more of the middle class/averaging working man to start picking up on BTC, either as a long term investment or something they expect to use often. The poor can't afford the price swings like the rich can, but the middle class is usually a bit more resistant.
A middle class would never go for hodling option TBH because they look for quick gains rather than long holds as they have a family they need to look after while also maintaining that "upper middle class" image in the society. Such people can't afford to buy 1 full BTC ATM because of its price of course, but they won't even buy a fraction of it after watching too many negativity spread in the markets as well as quick selloffs if they're new to this. They will fear of losing some % of their capital and then would need to redeem their fiat in loss.
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TBH, money has everything to do with happiness is you're all the way into living life your way (or living life king sized). The other way around, money has nothing to do with happiness if you have the will to remain and feel satisfied no matter what happens. It's the person with responsibilities who would be worried about money to give a good lifestyle to his/her family but if someone's alone and don't get money (kind of pocket money) even from home (a student maybe) but he's satisfied with everything and can adjust according to times, then he can manage everything and his mood won't be affected by this.
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Lol the momentum is already bearish mate. What are you waiting for, to get the confirmation? The price of BTC to fall under $20k? I believe you should be prepared for a slow fall (I don't say that bullish trend won't be back) but people like Musk who used crypto for their personal benefits have spoiled this game with his foul play. It's better not to regret later after all, a penny saved is a penny earned and I think you should remember what did people lose during 2018.
My sentiments are neutral currently but if BTC goes below $30k again, I'll sell everything just because I don't want to lose the way I lost during the last market crash.
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--snip-- Yet the market is completely open, anyone can buy and sell BTC whenever and however much they want - and I have said so many times that ordinary people have 10+ years to invest in BTC, who to blame for not doing that? Satoshi has given everyone an equal opportunity, those who are poor and have only a few $ in their pocket, to those who have billions - now only those who are a little richer can afford 1 BTC - but that is the price of progress and adaptation.
Ok, I accept that we paid the price to get towards progress and adaptation. But then, why are they increasing the price of BTC? They should either dump it completely and keep it lower because then, these institutions will have a very fair as well as ranged BTC in order or buy from very low prices in futures and make much better returns.
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So whenever Elon Musk tweets, we panic sell. Whenever China says something like they'll stop mining and add some extra official shit to it, we panic sell. When USA says their investors will need to disclose their crypto holdings over a certain amount, we panic sell.
On every panicking news, we panic sell. They create enough FUD, and we panic sell.
I know I've used the "panic sell" so many times, but have you, for God's sake, ever imagined with a cool mind that whenever we panic sell during shakeouts in the markets, we are actually giving away our BTC to those big institutions who are willing to snatch it away from us, yeah I mean it, every single drop of BTC seems to be taken away from us and it'll be no longer an average guy's BTC which was Satoshi's vision (don't pull me on this, understand the emotions). So if it goes into the hands of these institutions and governments completely, where will we stand? Nowhere. Why don't we understand that it's all more of an intrigue well thought out to wipe out every single BTC hodler (even the smallest one out there) and take away the control from the hands of common people whom Satoshi Nakamoto left BTC with.
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John Mcfee used to move markets, where's he now? Eventually, people won't give a fuck about what Elon says and Bitcoin will move on. I think Elon Musk situation and tweets vs market movements keep getting exaggerated by mainstream media. I personally don't feel his tweets move the Bitcoin price these days. You're right, he's losing a lot more IRL followers than those who follow him online. And even I don't believe that it's him that's causing the selloff but the markets are going through the moments of pain just because there's too much FUD being added by China and USA that the investors are now more worried on their investments. I hope we don't see a market crash like we saw 2-3 years back or else investors will fly away and BTC will only become a pawn of those high end institutions who want to take it away from the hands of an average investor to make it their personal way of making money.
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