Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1) if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
Bitcoin is of higher potential than altcoins, because from what's happening in altcoins market whereby some of the altcoins doesn't have long life over their stays, and sometimes altcoins die off when not expected and especially those ones that doesn't have a good potentials. So from my perspective, i will not encourage anyone i know more better to go directly and in altcoins, because it might ends up having huge lost, because of the kind of the altcoins project you purchase for investing, and a considering factor of altcoins, i believe it's a few of altcoins can be used as comparison with bitcoin, so it's advisable or encourageable to invest with bitcoin during a strong time of bearish market instead of altcoins for long bearish season. |
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too soon to say over , because situations like this happened before , bitcoin reached 20k$ + . this possibility is just an encouragement for the crypto market so that it is not shabby,
Be careful, don't panic too much
Situation of Bitcoin right now shows that bitcoin of 2022 ending with bearish market, when this thread was made or created, Bitcoin price was at state of twenty thousand (20k) and nineteen to eighteen thousand (19-18k), so since date till now we have continuously experiencing down fall of cryptocurrency and especially bitcoin, in Bitcoin i believe that the investment is something what we can do with a clear trust and believe. Panicking for Bitcoin investment always lead us to down fall. |
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Honestly, at the moment it is quite normal, simply, in colloquial terms, when making an investment for profit, people always search or buy at the time that is most convenient for them in terms of price, this situation is applicable to any investment. And yes... they are strong hands, but in the world of investments there are two types of people, winners and losers, each one chooses which side to be on, in my case I invested because it is a very good time to do it and with a positive mentality that bear fruit in the future, I hope not too distant.
For cryptocurrency and especially bitcoin investment, and it's what you focu on before investment, it's only two factors, which the price situation at the particular time, and secondly the next is the target you have for elongation of your investment, the only convenient time we the investors think that is the perfect time for investment is when the condition of Bitcoin price is suitable for you. |
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When we make deep findings of people holding cryptocurrency and especially bitcoin for long time you will still find out more, because i believe that this thread will interest people and especially those who panic during when the market is full of bearish, during cryptocurrency investment what is necessary is to know your target, before you can keep your investment for long time.
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At first i congratulate you from the beginning and how you embrace bitcoin as birthday gift, sometimes not only material things that is supposed to be gifted, but what i want to say is that, this story looks like mere story because no backup link that directly shows evidence of what you are narrating.
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Mistakes and errors are learning curves and stepping stones for you to make yourself better and make yourself able to learn up which would really make you avoid on future similar scenarios that you might experience.
Majority of people do really comes into that main goal which is to make profits here on crypto space or whatever market you are involved with. If you do really longing for that target or goal
Making profit as i said is primarily objectives of any investor, using this illustration or scenario, a gambler intensions or mindset of participating into gambling is to be able to win gambling, but a process whereby it loses, it will put heads on ground to know where the mistake come from, so referring to traders, their major objectives or plans is to make money, and that factor alone will encourage to learn more any factor that will make you not to venture into profit, and secondly we do learn from our mistakes which is the primary or basic things we as traders have to know. |
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I think that i have come across of this thread before, but nevertheless what i have to portray on this point, is that we all know that it's not encourageable, that we should say directly the truth over trading or any other cryptocurrency investment, cryptocurrency investment is something i believe that with cryptocurrency investment it's very clear that a lot of risk is involved and when asking someone to help in cryptocurrency investment it involves two things either you lose or you gain, so it's encouraging invest by yourself.
Speak directly over the risk involved or the chance of losing money into those family member of yours or relatives which most of them would definitely be losing up their interest on the time they've known that they could lose money instead of earning easy money which is mostly the thing that they do really have in mind.On the time that they've known about the risk then they do easily get discourage. Just dont make out some assurances and this is what you should told them from the start about the risk involved and this isnt some sort of easy money thing. I think that the best thing to inform them is concerning the risk that's involve via investment, Bec their is no investment that doesn't warrant a risk measure, so if you can be able to educate them of the lost which is involved in investment, i will strictly advice to let know the implication of investment before accepting the offer to invest run an investment for them. |
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I don't think, people will join you in that chat room, because many people have learned from their mistakes by joining other social media on the name of spreading the good news of cryptocurrency that made them to ended up in the hands of scammers. If truly, you have something good to contribute for the development of the crypto users, I guess this is the best platform to share it so that the family will look into it, if it will favour the users or not because we have smart members here.
Joining all this can leads someone to scam, so that's while many people do skip anything concerning cryptocurrency multi social media group, because scammers have numerous numbers of ways of scamming people through the strategies of investment, so it's good we not involve investment into social media group were you be ask to make payments to get something that is not valuable. |
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I think that i have come across of this thread before, but nevertheless what i have to portray on this point, is that we all know that it's not encourageable, that we should say directly the truth over trading or any other cryptocurrency investment, cryptocurrency investment is something i believe that with cryptocurrency investment it's very clear that a lot of risk is involved and when asking someone to help in cryptocurrency investment it involves two things either you lose or you gain, so it's encouraging invest by yourself.
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BTC is probably going to 13K, then 9K and so on.
Bitcoin can go to aby price it feels like want to be at this particular point in time, i know quite well that if the price of Bitcoin fall this year to the crash point, definitely it will accelerate to another point, which i believe that the price will definitely increase above, because it's very obvious that the price of Bitcoin is not stagnant and since the origin it has been following the method of going up and going down. So i believe that it's something that will increase any time, so let us not have bias mind or negativity concerning the Bitcoin price regulations, because it will discourage us. |
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~snip~ If i were you i would have been buying gradually because that is the only way i think you could take back from the whales
Honestly it would be highly possible to make the whales powerless by wide adaption. It has been long discussed fact that whales will lose control over the time when more small individuals take part in bitcoin market. It is a matter of time and in my opinion, mid to small whales are not in controlling action any more. This is not possible because only one individual can't control the market increase or decrease, so it should be a thing that is generally controlled the major holders. Mid whales don't really have any say over the market anymore, the we have more holders the more less the whales becomes because lot of people buying bitcoin. Let me make it very brief, the market of cryptocurrency can only have chance of getting domination when the total numbers of the demands is higher than the total numbers of supplies, and secondly, one person doesn't stand to make a the market sphere of cryptocurrency to get accelerated. |
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That's why I don't think we can stop learning even though in some moments when trading we get profit,
it is very important to keep learning because trading is not easy,
Losing in real trading is also normal and we will not always be profitable
That's wrong conception, because the objective of anyone who's into trading is to ensure that they have achieved their objectives in trading, so average trader what they have in mind is to make profit, so don't encourage anyone to venture into lose because of it wants to learn better in trading, lose will come when their is mistake from you, and you will stand to correct such error not to repeat itself, so the essence of understanding more in trading it's when you make a mistake and get lost, the lost will make you to correct your error. |
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Most important in crypto is stable income everyday.
Just becouse btc are so slow i dont trade btc with futures much but If i do then i also trade others i dont keep my hopes on btc much.
This where greed begins. There is no assurance crypto will guarantee a stable income that flows everyday. In our regular business we experience losses how much more a market with no fixed direction. Future trading works well with BTC just that the trader will have to know the exact timing to access the market to stay in profit. Actually you are right in your conception over manual business getting lose, but you can't compare the lost of manual business and trading, because the lose in trading might be efficient than the one in the business, but let us just consider both as a risk, and if you don't get lose in trading what should be the remedy is to study and comprehend the rudiments of trading before venturing into it, so one of the factors while some get lost in any kind trading they venture into is the ability to peruse into it and as well known the functionalities of trading before enrolling in it. |
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Well this current 'bear market' makes it hard for us to predict what the price of Bitcoin will be in the current month we are in. I think the Bitcoin price will stay the same price around $17,000 per coin and not so much higher then that.
I think it could take longer as it looks like we’re heading into a recession now. However even during a recession it’s certainly possible that crypto currencies could have an inverse relationship to the stock market.
As people may steer clear of risk, the demand for a safe haven from inflation could drive the price of bitcoin up significantly even as the stock market continues it’s turbulent ride. Eventually the market will rise so now is definitely the time for patience.
This time around people does not take prediction of cryptocurrency seriously because some people have lose interest over prediction of cryptocurrency and especially bitcoin, so if you want to know what will happen next in cryptocurrency sphere you can make use of the chart, some who knows how ton interpret cryptocurrency chart are one that will be to analysis exactly when price of Bitcoin will rise and when the price of Bitcoin will also fall, basically, everyone can make their prediction. whether you are a long-timer or newcomer. what matters is how you attack the current market. are you making a move like buying some satoshis while the price is low? or just waiting for something you don't know yet. I did not kicked against making a prediction of cryptocurrency, what i emphasis on it, is that neither beginner or experience person can as well exercise it's own prediction of cryptocurrency due to it's ability to decode the next movement of cryptocurrency, because not analyst of cryptocurrency knows what it doing in Bitcoin analysis, because the prediction of Bitcoin comes from your observation of the market movement. |
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Yes, there is no perfect time to buy bitcoin, those who are waiting will regret being too greedy, always want to buy bitcoin at the lowest price and always want to sell bitcoin at the highest price. Bitcoin price today compared to ATH is considered too cheap and if we really believe in bitcoin then buy now and use DCA will never miss the bottom of bitcoin.
Hello, people who are waiting to buy at low prices are not greedy people, but they are carrying out a buying strategy in order to be able to get a better profit by selling at high prices. Because they buy is to make a profit after saving or holding it for a long time, and they do that for themselves which is not just keeping it as a collection in a wallet. Bitcoin investment is actually good to do when the price is in the state of falling, because i believe that have to fall some that people will have to opportunity to purchase larger for long term investing, and it's very clear that people who buy when the price of Bitcoin is low are the people who benefits from it mostly, because during the time of bullish they make their profit, and secondly buying Bitcoin for any kind of investment, you need to have a target, and that target supercedes others. Really that very easy to say that we should really be buying on this particular time when the market is declining or on very bearish mode without even trying to look back or trying to see on what people been feeling up on these particular moments which pretty sure that they would really be having that fear,anxiety,hesitance on doing so which it isnt surprising since we are just humans. Bottom price prediction would be an never ending kind of seeking yet it had really be that very common with these kind of emotions to be encountered along the way. This is why as a crypto investor or enthusiast then it would really be just a matter of risk management and handling. Actually Bitcoin has do with target towards the time of investment, investing in Bitcoin what you have to do is to know the appropriate time you will purchase Bitcoin and make profit, so therefore the best time someone can invest in Bitcoin and make profit is when you have noticed that the bearish market or season have long way and you will keep following the chain of bearish market to invest in Bitcoin, because definitely the price of Bitcoin will rise and when it rise theirs every tendency that you will make a different profit. |
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Well this current 'bear market' makes it hard for us to predict what the price of Bitcoin will be in the current month we are in. I think the Bitcoin price will stay the same price around $17,000 per coin and not so much higher then that.
I think it could take longer as it looks like we’re heading into a recession now. However even during a recession it’s certainly possible that crypto currencies could have an inverse relationship to the stock market.
As people may steer clear of risk, the demand for a safe haven from inflation could drive the price of bitcoin up significantly even as the stock market continues it’s turbulent ride. Eventually the market will rise so now is definitely the time for patience.
This time around people does not take prediction of cryptocurrency seriously because some people have lose interest over prediction of cryptocurrency and especially bitcoin, so if you want to know what will happen next in cryptocurrency sphere you can make use of the chart, some who knows how ton interpret cryptocurrency chart are one that will be to analysis exactly when price of Bitcoin will rise and when the price of Bitcoin will also fall, |
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If you're hodling altcoins, it's tricky because a lot depends on which ones you bought, how long have they been around, did they manage to recover from 2018 crash (if they were around) etc. Some altcoins will recover with Bitcoin, but it's still a significant risk. Some might never recover.
As for Bitcoin, I think expecting $100k+ is reasonable, if not in 2023, then in 2024.
Despite that any investment of cryptocurrency is a risk, i would have say that altcoins are good for investment because whenever it encroach bullish market been the investment of altcoins you will make a huge profit, but know take altcoins is the highest kinds of investment you venture to, because some of them doesn't have potentials, so since some them does not potential it will just die off on the process of investment. So it's reasonable if you want to invest during constant bearish market and you go strictly to Bitcoin that has good potential and the time to recover whenever it falls. |
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I can assure you that bitcoin will hit $100k in the future. While the recent shitcoin crashes have affected the bitcoin price, this is not the first time bitcoin has been affected by these crashes, after which bitcoin has always bounced back. This time is no exception, bitcoin is falling but will surely recover and conquer new ATH.
You are right, indecencies that the current price of Bitcoin will determine if the price is something that will experience bullish to the extent of getting or reaching to hundred thousand (100k) and again, Bitcoin have to ascertain such price variation when their is a constant bullish market. We can assume that the price of Bitcoin will change immediately we get to 2023 or 2024 for reasonable values, and again i believe that Bitcoin have to do with the factor of the demands is more potential or higher than the supplies before it will increase perfectly to reach to a surprise height. |
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Yes, there is no perfect time to buy bitcoin, those who are waiting will regret being too greedy, always want to buy bitcoin at the lowest price and always want to sell bitcoin at the highest price. Bitcoin price today compared to ATH is considered too cheap and if we really believe in bitcoin then buy now and use DCA will never miss the bottom of bitcoin.
Hello, people who are waiting to buy at low prices are not greedy people, but they are carrying out a buying strategy in order to be able to get a better profit by selling at high prices. Because they buy is to make a profit after saving or holding it for a long time, and they do that for themselves which is not just keeping it as a collection in a wallet. Bitcoin investment is actually good to do when the price is in the state of falling, because i believe that have to fall some that people will have to opportunity to purchase larger for long term investing, and it's very clear that people who buy when the price of Bitcoin is low are the people who benefits from it mostly, because during the time of bullish they make their profit, and secondly buying Bitcoin for any kind of investment, you need to have a target, and that target supercedes others. |
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Bitcoin just did great move above 17000 dollar level today. We can safely say now that 17500 may become new resistance in my opinion. I guess some things are getting better in crypto as soon as there are good news in global markets, especially USA. I think this won't mean we are exiting bear market, but its something positive. For us to leave bear market we should see price above 20000 dollar level for long enough like a month at least. But I like Bitcoin isn't that affected by FTX and Blockfi issues.
I know right from time that Bitcoin market degradation is something of time before it can accelerate, i understand that Bitcoin have its ways of price regulations, i do tell people that Bitcoin have to do with rising and falling which i know quite well that the price can rise any day, but people panic in the price of Bitcoin from my perspective because of it's way of reduction, it's obvious that Bitcoin always been in of fluctuations which is what causes the increment of Bitcoin. |
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