|
Congratulations, I will not fail to congrate you because it's not easy to spend ten years in something doing that means you known all the rules and cranium of this environment, but one thing is in any that concerns technology have no infinity because it will always upgrading or updating in future, if not such principles I would have say that you known it all of anything concerning or relating to bitcoin as well. Congrats again to stay in forum up to this time because not everyone that join forum exercise patients to grow up to your level.
|
|
|
|
|
Actually it's good advice to invest what you can afford to lose but some people does not take such advice, while some people invest in a large form is because of greediness, so they know that the higher the value of what you invest the higher the profits, so that's while many people choose to invest higher and not what they can afford to lose, its b
causes depression when they finally lose, so for investment, I can advice to venture into investment with your spare money.
|
|
|
|
Bitcoin price is currently 28k and I have 5k usd fund which I want to invest in crypto currency, and want to make this investment for long term, want to wait until next ATH or touch current ATH.
Do you think it would be perfect to invest in Bitcoin now or should I wait for a few more days to get a good DIP?
I am actually very weak in analysis so I would like to know from your personal analysis that Bitcoin can go below 20k again?
For cryptocurrency investment they don't wait for the perfect time to occur before you can invest in bitcoin or any other cryptocurrencies, theirs no time you invest in cryptocurrency that is time wasted because it doesn't have a particular point that's a limit time for bitcoin or any other cryptocurrencies also doesn't have maximum time for it to get accelerated or get a degradation, I will tell you that during cryptocurrency investment you don't need to follow anyone directions for the investment, because of the danger of the market, you have to make your decision and follow instinct, and secondly you can invest now and bitcoin rise you make profit and their is also every tendency that after your investment or purchasing of bitcoin it might fall, so your decision supercedes anyone during your personal investment. |
|
|
|
How can you say that the market is seasonal if you need help understanding the mechanics of the market? Saying that it's "mystical magic" doesn't explain anything. It's best to know that there is a primary reason you always kept winning trades: market sentiment. It's a bullish market; everyone would benefit from it and keep winning.
It would be hard to regulate, but the people who can are the whales.
Actually the market is seasonal, because relating it to bullish season and bearish season, its safe explanatory that market happens to be positive seasonal and some times it happens to be negative in some points, so if Op portray that market is seasonal I don't that the reasons or point are not cogent, relating it to the aspect of Trading you will note that in trading not every period you trade it become profitable, it neither be positive or negative, so base on Op experience that is while it throw the ideas on air. |
|
|
|
The concept of trading is just the same and it is applicable to anything that doesn't have a constant price. Knowing when to buy, sell, take profit and when price has become too high to risk everything and also when not to move with bulk money for physical business like the crude oil Op sighted.
And no one know if the business trip went successful if price would start falling down. If profit was taken after the first trip, the initial capital will still be available to risk for a new trip. Sorry for the loss shit happens...
Op can't compare a manual business with Internet business, yes, money has been involved and since profit making and loss is involved, its the aspect you can accept the analysis together, but in contrary oil business physical deals disadvantages can not be as same with trading kind of disadvantages, the aspect considering is the lose which op experience by hoodlums according to it's explanations, because trading risk is of higher level of what op analyze so far. |
|
|
|
Investments have its own risks, that’s why we don’t have to rush on it if we know in ourselves that we are not yet ready financially and emotionally. And investing using other people’s money or let’s say investing through borrowed money is definitely a bad thing. You could have screwed it in the future if your investment fails and used up all your money. That’s why invest only with your own money that you can afford to lose, if you lose it then you won’t have regrets. If you make it more productive and profitable, then good thing for you.
Life is all about risk, and entrepreneurship let us to understand that risk take are liable to propagate at any point in time, do realise that no investment that doesn't involve risk taking, so borrowing or lending funds to venture investment is not a wrong conception, what matters is the ability to exactly what you are investing on, I have seem someone who lend money from bank and venture into car spare part, and today the person is a billionaire, I'm not condemning the fact that using what you can afford to lose for crypto investment is bad agenda or negative advice, but I put it to you that without risk taking Elon musk won't have gotten to the level its today, what is into investment is two things, advantages and disadvantages, profits and lost, either you experience or encounter one and leave one, so in summary lending money to establish business or go into investment is very supportive from my perspective |
|
|
|
I have been expecting the price to pull out since from last week seems there was no enough buying pressure making it to remain within the level of 27k to 28k for about somedays if not of 2 weeks there about. Today finally the stone was rolled off from its grave and we see +30k unstoppable, well let just watch and see because i know too well that we should be rejoicing for at least 70k to 100k if not of the past event and turbulence that drastically dropped down the price uncontrollably.
In this year market I think we are experiencing positivity in the market of bitcoin so I believe that bitcoin price we are expecting bullish market to occur in 2024, but the way I'm seeing bitcoin I believe that bitcoin fall again after experiencing increment within this range, because I'm expecting bitcoin to do better for acceleration next year, and since the existence of bitcoin it has not reached seventy thousand (70K) Before, but if it continues this drastic movement of additions of values in every month we step in, I believe that it might possibly reach to the previous point it was before it began to fall. |
|
|
|
|
Bitcoin is the brain behind any other coins increment and any coin have a green colour tapped it from bitcoin, and value chenage of bitcoin is determined my the quantity demands of bitcoin in cryptocurrency marketcap, and the results of its degradation is determined by the quantity supply, so therefore what triggers bitcoin acceleration is when the demands of bitcoin is higher the supply, and another thing that triggers bitcoin increment in the market is when investors comes in to cryptocurrency and invest more. So Elon dogecoin can not be the brain behind bitcoin experiencing a positive in the market this year.
|
|
|
|
After 10month later btc again touch 30k range, Although I was happy to see it rise to the range of 30k, but a deep pain and fear was created in my chest, actually the fear is that I don't feel comfort when the price of bitcoin goes higher because after investing at that price, if btc's value goes down. It's like the bitcoin pump couldn't make me happy. I would like to know your feelings on this matter.  Thats while we don't conclude that bitcoin have a falling duration that's pronounced for any investor to invest in bitcoin directly, because its obvious that the price is stagnant or it has a constant flows of increment, bitcoin you purchase now and think that it's at low price can be surprised and continue to have fast movement of falling and before it regain that value you purchase it, it has reach up to one year or more, so that's while some of the investors always emphasise that bitcoin price is unpredictable. A thirty thousand (30k) value of bitcoin you experience today may turn twelve thousand (12k) value of bitcoin within a day, so we are not suppose to be dependable with the values of bitcoin at any point in time and let us know that the value is rotational. |
|
|
|
|
The market of cryptocurrency is unpredictable and its not mean that since the market is experiencing positivity that means the market will keep on going higher, the thing is that Bitcoin movement is not predictable so it may reach tomorrow you experience another thing in cryptocurrency movement either been positive or negative, so whatsoever you are doing with bitcoin know very we that it doesn't have a specification or a particular duration or time frame that the market of bitcoin will increase and the market of bitcoin will fall, but for you to be able to just have some insights or pictures of the market just try to learn and comprehend the movement of bitcoin through the chart graph, if you happen to understand such I believe that you will not be left over for positivity and negative of the market.
|
|
|
|
|
Let us not call for jubilation because of tortoise movement of bitcoin since 2023, before I can believe or attest to bitcoin increment as a joyful one is when the price of returns to the most reaches the maximum point bitcoin has reached so far for it history of increment before falling to a point that was unbearable when the price falls drastically in 2021 and 2022, so the price movement of bitcoin is not dependable, because it might be higher today and tomorrow the price falls, so bitcoin reaching up to thirty thousand high and twenty eight thousand low doesn't mean that bitcoin price have ascertain a maximum point, we are expecting bitcoin to go beyond the stage price now, what Increase bitcoin price is the market demands and good information relating to a known companies investing in bitcoin or using bitcoin as point of payment.
|
|
|
|
Bitcoin is now 28k$ and it will be better for you to invest now because now its dip than your mentioned value and it is possible to get profit when you make investment while the price is reduced. If you make investment then surely you will be able to reap the benefit as the halving is initiated soon so don't wait more for the price to get lower.
I think buying at 40k$ is something risky so always try to invest when the price goes down. In 2022 the price was very down so those who make investment then will have more profit so for them it is necessary to keep their bitcoin for next halving. The best time to buy bitcoin is during this time and before halving as everyone knows that after halving the price successful boost up.
You can invest in bitcoin anytime you feels like investing in bitcoin, you might because of you want to make a profit bitcoin price accelerate and purchase bitcoin and within the moment bitcoin price degrade in value, investing in bitcoin doesn't have a specification or duration except that your objectives is to make a short term investment, a real bitcoin investor will invest for long term have determination that bitcoin will rise, if you happen to be curious to invest when you think is best time and bitcoin changes to be negative in the market, I think that you will be furious, so bitcoin price is not stagnant and since its not constant you can invest any day and time and forget the current value in price. |
|
|
|
|
Nobody will likely sell out its bitcoin when bitcoin is approaching to the bullish market, in some point's that's what most of investors don't like a problem that will make them to withdraw their proposed investment funds, its painful to invest and after making a withdrawal bitcoin rise or we experience a bullish market. In aspect of forum been a helping hands, I think that forum has been a helping hand to an extent that you can solve or overcome certain challenges with the btc earn in the forum despite that the objective of creating forum is not in the aspect of earning BTC, but right now I think so many youths who finds themselves here is able to train themselves in higher institutions, I think forum deserves an accolades for grooming people from different geographical environments to know the rudiments of cryptocurrency and bitcoin precisely.
|
|
|
|
|
From my observation in cryptocurrency investment, the most of people who runs out patients during cryptocurrency investment especially bitcoin, are the people who doesn't know the main factors that's behind investment, or I will say that they don't know the rudiments of investment in cryptocurrency before they venture into it. In some extent many just venture into investment without knowing the guidelines, I think that's what makes some of the investors run out patients and panic whenever bitcoin is having bearish exercise, the wing investors make a profit during bitcoin investment is during a long term investment and it happens that bitcoin experiences bullish market. So therefore for we to be hope of profits let us have the mindset of running a long term investment.
|
|
|
|
I recently purchased 0.0045 Bitcoins which is still present in my trust wallet I believe with me owning a fraction of the worlds Bitcoin although a very tiny fraction in practical I am now a crypto currency investor in essence a Bitcoin investor
If you can prolonged the stay of the coin you purchased, having 0.0045 bitcoin in your wallet you are an investor, but I want you to understand its you determination will determine if you are an investor of cryptocurrency or not, one thing we need to concentrate on diversification of investment depending your ambition or target in cryptosphere investment. Last four years many people were afraid of bitcoin, and when you brief them of bitcoin they find it very difficult to invest in bitcoin, but due to the advert of bitcoin online many has developed interest over bitcoin, I think its a welcomed development. |
|
|
|
Hopefully you did your own research first after hearing about mining. It always a common mistake by newbies to lack knowledge and experiences about Bitcoin. Its also part of your journey to loss before winning. Actually I don't have any idea what is it about before, like how can they mine Bitcoin using GPU? That would be my first impression. In my case, I've found out Bitcoin by exploring the internet. Saw some articles how you can earn in Bitcoin in some ways. So I watched some tutorials online and started with small amount first until it continues. Started a long time ago have many mistakes which I fixed causes me to loss>win.
Most of users in the community don't know how to mine bitcoin or come close where such is taking, but whoever that is conscious to know the strategies and have funds to move further for mining of bitcoin can make inquiries by making a different research through online, so I believe that's the major thing someone curious achieve something will do. Been a newbie is not categories to build you your strategies of mining. |
|
|
|
|
Actually I considered your point of view as advice to people who is curious over investment than maintaining of the life, actually anyone who is into cryptocurrency investment especially long term investment has money that can sustain him or her, before someone venture into investment that will gives a million dollars its obvious that the person is living a good life. This advice should be noted by our newbies who is extremely conscious of making millions for investment without been curious of feeding the stomach properly, we need to take care of our bodies during the time of investment, because money is in the existence before our arrives on earth and it will also remain until we return to maker. Think wisely for crypto investment.
|
|
|
|
The major things someone have to put into consideration before establishing business, the first is to have a self determination, secondly you most at least know the preamble or neither mastered the business you want to venture into before establishment, I believe that another thing important to be considered before establishing a business is to know a good site for establishment and population rate of people living in area you want to establish your business.
I agree with your statement, but of course for you to establish a business you would need to have proper planning. It includes the mission and vision of your business, the long term situation, the target audience, capital and workers. Of course you'll need to be determined in building a business since its not that easy to just simply have one. You will also need to have papers and legalisation of your business, there will be taxes if you operate a huge business. And your mind shouldn't only focused on the current situation or trends in business, you need to look forward in the future for your business to run in a long period of time. Yeah, nobody who's wants to establish a business that doesn't have a proper agenda, the agenda of business woman or man is to ensure that it's business is flourishing, but the factors that hinders business not to accelerate or accumulate as expected, is when you are unable to figure out a good site, secondly lacks of management when the business is in progress, I think that should be a major factor while business does not prosper. Any moving business suppose at least have a backup plan's, so I believe the back up is what that can keep business to be substantial or sustainable. |
|
|
|
I think the government should also take steps to improve taxpayer compliance, such as increasing public awareness of tax regulations and simplifying the tax reporting process. This can help reduce tax evasion and increase revenue for the government, which can then be used to benefit the rest of society.
Government is not after of what that will bring good for people, what Government is to accumulate their revenue, that is while sometime they don't like do things that will profit the masses, in some African countries theirs no tax but the government is surviving with good responsibilities, so it depends government who can not protect the interests of her people. |
|
|
|
|
Dollars rate crash to zero it will definitely affect bitcoin, I know quite well that bitcoin calculate in dollars, but as a digital currency bitcoin take can maintain a little value or the values remain constant as I may likely see, because I can recall when dollars falls bitcoin maintained it values, the place I think that it will affect someone using bitcoin mostly is when you comes to exchange of bitcoin to dollars, the value will be reduced dramatically.
|
|
|
|
|
Show Posts
