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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: October 24, 2023, 02:45:02 PM
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I’ve been too busy to really comment much lately and frankly things have been a bit boring in Bitcoin land. But damn! What a nice surprise. Massive pump, large page count increase, page parity, green candles, trains, helicopters, modems, and rusty pipes!
Seems like the exciting part of the bull market is back baby!
Yes, it looks very nice and exciting. And there will be more pumps in the future. Bitcoin will now go down a bit again (this is the rule). But some people cannot control their greed and now they will pounce on Bitcoin. Which will empty their pockets. Be careful. Wait for good time. Bitcoin’s price is holding up pretty well so far. I think people are trying to beat the ETF rally and are having a bit of fomo as a result. A pump this big isn’t just random. Somebody knows something and is scooping up a whole lot of coins. I think this type of rally will happen quite a few times over the next year or so. Be ready and hold on tight. It is very true that no one can say what Bitcoin will look like when. But I always try to buy when it's lowest and sell high. But just because it's pumped now doesn't mean it's peaked. I think it will fly more and until then I will hold on very tight. |
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Bitcoin / Bitcoin Discussion / Re: Is it better to invest or trade Bitcoin?
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on: October 24, 2023, 02:35:54 PM
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If you are ready to take higher risk and you want to earn a lot of money quickly though, you can do trading. Because the risk in trading is high but it pays us more. Trading is one thing that does not take much time for a man to take everything and it does not take much time for a man to give everything. Only skill is required. If you are skilled in trading, there is less risk. Now if you don't want to take risk and if you have time in hand then investing is best for you. Because long-term investments can earn a lot of money and involve much less risk. If you have time, you should invest long term in Bitcoin now, because very soon the Bitcoin bull market will start and generate ATH. Which will give 3-4 times more return than your current investment.
Not only is the work at high risk, it also requires one's own knowledge and intelligence. You will notice that some traders are profiting even in bad market conditions. Because they have very good market research. Now if a newbie trades six and starts trading the wrong coin with high risk, can he profit? Therefore, it is important to have more knowledge to become a trader than to invest. |
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