If bitcoin investments somehow manage to show another 10x returns, then we can see people rush behind all type of bitcoin investment opportunities and bitcoin ETF also may get revived from that but until then we are going to see that ETF is slowly losing its attractiveness.
I don't think the rich people are the right term bro, because some investors were early, they invested and made a huge return on their investment, regardless of their financial status, meaning mostly could be poor. Anyone investing for the long term, regardless of their financial status, must not care about the daily movement that's the rule. If you really want to make some money, invest in bitcoin and forget about it that you ever invested in it. Although showing 10x is still possible, we might have to wait a little longer haha like a really long time it could take. long-term perspective is key. Whether rich or early investors, BTC rewards patience and disciplined accumulation. ETFs may revive if BTC sees exponential growth, but the core principle remains: consistent hodling and understanding market cycles are what truly deliver results.
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You are on point OP, because you can follow those ways to become successful in BTC hodling...
You raise an important point about not investing borrowed money and maintaining a long-term perspective. In my opinion, success with Bitcoin also comes from combining patience with risk management. Accumulation strategies like DCA and understanding market cycles can help investors stay disciplined during volatility rather than relying only on long-term hope. This is a common mistake many people make when they lose control of their emotions and become trapped by FOMO. When they buy Bitcoin with FOMO they buy at a high price out of fear of missing out. Many are willing to borrow money because they have full confidence in Bitcoin. However, borrowing money to invest is a fatal mistake because when a price decline occurs, it can trigger panic and lead to selling when the price drops. Therefore, it's especially fatal when someone invests using borrowed money because Bitcoin price is difficult to predict. The key to successful Bitcoin investing is actually very simple disciplined use of the DCA strategy, understanding risk management by limiting allocations and storing assets in a place you can control. At the very least, you must have an understanding of market cycles to guide you in achieving your goals. Continue to conduct independent research and shift your mindset towards long-term Bitcoin investment, as Bitcoin is indeed more suitable as a long-term investment than a short-term one especially for beginners. Absolutely, controlling emotions and avoiding FOMO is critical. DCA and proper risk allocation help maintain discipline during volatility. In my experience, combining this with periodic portfolio reviews and adjusting exposure based on market cycles can further enhance long-term results. How do you usually adjust your strategy when BTC shows unexpected swings?
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You are on point OP, because you can follow those ways to become successful in BTC hodling. The common way some new investors are using to grow wealth these days buying and hodling, because they will not like to sell the BTC in the low price base on they have a good target that will surely come to pass in the future. Never let BTC investment to be your only investment on earth, because it will not make you to ensure until the price of your choice come to reality in the future.
Make sure you don't borrow money to invest in BTC, because it will not allow you to achieve your goal in BTC investment. Do everything possible to make sure you gather your capital to buy BTC and hodl for long periods of time and you will surely going to see good result from your investment.
You raise an important point about not investing borrowed money and maintaining a long-term perspective. In my opinion, success with Bitcoin also comes from combining patience with risk management. Accumulation strategies like DCA and understanding market cycles can help investors stay disciplined during volatility rather than relying only on long-term hope.
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I have not seen any topic regard this and this after mid day of March 2nd.
Bitcoin opens this month at $66970, it rose to $682000 bit now at $65580. This means this month has continued to be in the downtrend but we do not know what would be the highest and the end price of bitcoin.
What do you think will be the highest and the closing price of bitcoin in this month?
Interesting discussion — March has been a make-or-break month for Bitcoin’s price structure. With BTC trading in a range and macro volatility rising, blending on‑chain signals with market structure gives a more nuanced view than simple speculation. Patience and risk management will likely define the next leg, not just short-term price calls.
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Short‑term price predictions can be useful if they consider macro fundamentals alongside technicals. Right now, Bitcoin is oscillating between support and resistance and macro liquidity signals could dictate the next move. Personally, I look at institutional ETF flows and Bitcoin dominance alongside price action — they often give an early clue before the market reacts.
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BCGame ID: 68494554 BTC SegWit Address: bc1qf76sklqr0ywv2wdudz5g7wj0660lphrr7ez48n
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in the future bitcoin will be increasingly difficult to obtain, right? I'm sure there are countries that store bitcoin assets even though in their country bitcoin is illegal, now it has been proven that bitcoin transactions are very easy and bitcoin transactions cannot be traced, maybe in the future bitcoin will be extraordinary so I recommend hold bitcoin you will be a successful person in the future.
Not just Bitcoin, but all Cryptocurrencies that have real value represent a fundamental upgrade to the world's economic system. When they are fully mastered and integrated into the global and interplanetary networks of the future, the world will look completely different. Hundreds of years from now, today's economies will be perceived as the feudal economies of the past.
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To become successful comes with many trials and failed attempts, anyone who strives to be successful in live needs to overcome as much obstacles that will provide a success ending and in such time backing down is not an option no matter the difficulties all eyes should be targeted at the final outcome. Not just about getting motivated by others testimonies, their should be a constant room for implying actions to it.
it is indeed difficult to achieve success and it takes a long time depending on luck with different levels of achievement, it is difficult to achieve this but you still have to think positively, that is the initial key to luck that will be obtained in the future with a little effort which will determine the success of all person. It is extremely difficult to achieve financial prosperity if it is not clear why this is being done. Simply saying, “I want to be a millionaire” is not enough. You should take the time to determine the goals you want to achieve through saving and investing.
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I just checked the rankings and was surprised to see that Binance has the largest trading volume and the largest number of users on the market. Even based on this website, we can easily see that Binance's 24h trading volume is equal to the total trading volume of all other exchanges combined, but it is not ranked at the top of the list. I have used quite a few exchanges and honestly, none of them can offer a better experience than what binance gives us. Yes, I'm also not here to defend Binance because I don't get any benefit from this, what I'm saying is my own feeling . Edit: I just found another article also published by Coinecko , in which they admit that Binance is still the largest exchange (CEX) . They're making me a little confused.  . https://www.coingecko.com/research/publications/centralized-crypto-exchanges-market-share This doesn't surprise me. Binance has long been considered a leader in the cryptocurrency market and is constantly at the top among platforms. They constantly offer a high level of security for traders and improve the range of services for their clients. Of course, there are those who are dissatisfied with some of the actions of Binance, but personally I am satisfied with everything.
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Money is money and bitcoin is bitcoin.
I have never really heard or seen anyone avoid “dirty” bitcoin because illegal activities may be linked to them but this is actually just a misconception of most people. The price of bitcoin is the price of bitcoin everywhere no matter where it was used or who previously had it.
If we are talking about Bitcoin, then we probably mean those coins that are stolen from the real owner and when these coins are monitored through the blockchain. That is, to which wallets the asset is transferred and where they are trying to sell it. It is quite possible that if there is evidence of asset theft, or that the asset was used for illegal activities, (such products can really be considered dirty) the exchanges may block the account. At the request of the initiators who have evidence.
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do not forget that in practice there are often cases when the counterparty wants to terminate the contract, make changes to it, avoids fulfilling its obligations. To minimize risks and protect yourself, it is better to entrust such work to a professional - a lawyer who deals with contracts.
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A very interesting observation is that everyone who does not know how to trade and does not intend to do so is looking for an opportunity to make a profit with the help of trading bots, But those traders who have already learned how to trade do not use bots and do not recommend using them. How to get an independent opinion on their effectiveness.
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Not to burst the bubble though, every bull run that we have, Bitcoin will suddenly goes up in terms of market cap and then compete not only with banks but top tier companies in the world and everyone thinks that it's a good measurement.
However, when we go on a bear market, numbers are going to go down hard as well and then we are out of the top 10 or top 20. So for me, this numbers are not worth to look at, most valuable companies are consistent as compare to Bitcoin, just saying.
I think there will come a time when Bitcoin will be more stable than it is now, and when it reaches its peak price, the investor will not want to have dollars, but will leave Bitcoin in his wallet. Of course these are lyrics. But nevertheless, we strive precisely for the unquestionable value of Bitcoin.
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Some companies operating in the cryptocurrency market have been offering employees to receive salaries in bitcoins for several years. For some companies, paying salaries in cryptocurrencies is an important part of their business strategy. If at a small part of people have direct experience with Bitcoin, it will help develop cryptocurrency literacy, which in turn is vital to the growth and development of our cryptocurrency direction.
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In any case, in order to sleep and earn money, you need to have a certain capital, or take care of a project or business that will generate profit without your intervention. In my opinion, the most suitable option is staking, but for this you need to first buy a sufficient amount of cryptocurrency, so that the profit is in the required amount.
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I've tried a couple passive income schemes that turned out to be scams.
Does anybody know of any that are not scams?
Thanks!
Don't easily believe on passive income schemes on crypto since none of these platform exist. What you can always find are those scammers offering to good to be true return of investments to their victims. But if you really want to earn good cash from crypto then try to learn trading or invest on bitcoin then hodl. But if you can't afford to take the risk on those two options then try to work then offer your skills to people seeking for people who can work for them. Also try to earn more knowledge about crypto since for sure once you have enough knowledge to deal with the risk on everything related to this industry for sure all possible actions and decisions you do will convert into good income to you. It make take time to learn from this but for sure if you are consistent and show some willingness to learn then for sure gaining from crypto is really possible. I believe that you are too radically denying the real opportunities to receive passive income in cryptocurrency. At least everyone can take advantage of staking their coins and make a profit without trading or transferring their assets to dubious resources. For example, a trust wallet is one such opportunity.
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Cryptocurrency has already irrevocably changed the financial system, and the blockchain community is shaping a new future. Bitcoin is the new gold. And the one who understands this today will be far ahead of others tomorrow.
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If you buy Bitcoin for many years, this does not mean that you will not be able to make a profit during this period. If you collect Bitcoin and plan to hold it for approximately 10 years, then During this period, you will be able to increase your portfolio at least 4 times by selling at a higher price and buying at a low price. Based on historical indicators, this is real and people do it all the time.
But in the end this is not part of investment anymore but rather leads to trading because after all, investing within a certain period of time indirectly implies that we will invest for a long duration and we must be prepared to hold for the duration of time that we make as our goal. When you say you invest but always sell when the price is high enough and buy it back when conditions are crashing in the near future then it is not investment but trading. Although it's okay to do that because it's not wrong to do that, I think it's still not an investment so it's quite wrong if we say we're investing but buying and selling when we haven't reached the time period. Unless the concept is to buy on the dip and wait until the duration of time as you said (for example 10 years) I still consider it an investment but when buying the dip and selling it when the price is felt to rise it is not an investment. The April 2024 Bitcoin halving represents a unique investment opportunity, backed by historical price increases and supply contraction. With predictions of significant price increases and a more mature market, now may be the right time to add Bitcoin to your investment portfolio.
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It’s good that you perceive Bitcoin as an excellent investment for a long period and if you hold Bitcoin for at least 4 years, then in any case it will bring you great profits. But you should also consider other features and benefits of cryptocurrency, and the first is financial independence. In today's world, it is very important to control your assets yourself, without government interference.
Making Bitcoin a long-term investment will of course be very profitable for us if we can collect it well and in the process of collecting Bitcoin, everyone has a different way, there are those who collect it all at once during a downturn and they hold it for the long term and there are also those who collect it regularly using Their DCA method continues to collect and of course this will be useful when there is an increase and we will be able to get a profit from the investment we make. If you buy Bitcoin for many years, this does not mean that you will not be able to make a profit during this period. If you collect Bitcoin and plan to hold it for approximately 10 years, then During this period, you will be able to increase your portfolio at least 4 times by selling at a higher price and buying at a low price. Based on historical indicators, this is real and people do it all the time.
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These activities can truly amplify your portfolio even higher than that of trading activity. Some exchanges like Bitget offers CandyBomb PoolX, and Giveaway to celebrate new listing projects that are worth participating in.
New listing projects are more risky. There are many good old exchange sites that are dependable but no one can guarantee the new ones. Be careful before using these exchange sites. Even if something is offered, it is the right decision to participate after knowing all the information of the sites. If we are talking about real trading, then you need to choose the right assets for trading. First of all, you need to weed out risky projects that do not have market stability. You can certainly keep an eye on new coins and if you buy at the bottom of the market, you can collect good cream. But this has nothing to do with trading.
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