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We all know that crypto is volatile. The decline when bitcoin is at its peak is commonplace, so don’t make that up because of the decline in bitcoin you become discouraged. The decline that is happening now is an opportunity to buy back bitcoin at a cheap price, and it’s an opportunity to make a big profit again, having sold at the current height of bitcoin bullrun. But in reality bitcoin does not lower its price to very low. We can see the price of bitcoin today is $37k.
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Trading will be difficult if one does not master it. For that many traders are from 100% only 20% who succeed and gain more profit in crypto trading.
Here it is not only capital that becomes a factor to get rich in crypto trading. Requires expertise and experience, if you want to minimize the risk of loss.
Always be careful in choosing coins for your portfolio is a good thing before trading and investing. Learn coin technology, coin history may help in trading.
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Alt season will indeed be a question unanswered until now, because we have not repeated it for a long time. It may happen when the price
of bitcoin is at high price stability. When many adopted bitcoin and many institutions have supported bitcoin. But this time we’ve seen
the altcoin market recover and many are pumping up prices. Genius traders will take advantage of the current market situation rather
than having to wait for the altcoin season that does not know when it will come.
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In your first case, you want to earn more than you currently get. That is the nature of man is indeed insatiable and always greedy. But in this case,
you have taken a good step, because it has secured your assets with the profits you have targeted before. This way is very good.
If you don’t want to take any chances, you just have to sit back and wait for bitcoin for a deeper correction, if you feel the current price is still
not reaching the lowest price.
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It’s still in my question too. I’ve seen bitcoin sideways this week and history has also often experienced this in bitcoin. We’ve been through this before.
I don’t remember exactly, but if true, after such a quick bullish from 2020 to early January 2021, the real bullrun will happen after this sideways.
This time bitcoin does only provide an opportunity to pump altcoins. But actually we will know after this, bitcoin will go in which direction,
will continue bullish, or decrease to $20k.
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I’ve seen this twice before... If you’re really thinking of selling, wait for a couple of days when it’s bouncing back. It could bounce back to 36k - 38k and give you a chance to sell at a better price. If it doesn’t... We’re f*cked anyway. Lawl.
That’s right. When I saw the correction a few days ago, bitcoin briefly dropped to the lowest $32. But this happened repeatedly up and down and was at a height of $39k. seeing bitcoin sideways this week, it’s an opportunity for altcoins to go green, and that’s really the case with altcoins. The altcoin market is good at the moment. Maybe even there’s a panic selling. But that shouldn’t be the case, as it’s likely that bitcoin will set a new price above $42k. |
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Of course I sell altcoins when it’s already profitable. I don’t sell it in adverse circumstances. Even for my altcoins nowadays when bitcoin is high in price,
this is a good time to sell altcoins that are in my wallet. I see the growth of altcoins has doubled. Even the altcoins I keep are over three years old,
only this time they’re green and I’m selling them. And I keep it in ethereum hoping ethereum can provide more return on my investment.
Investing should be fraught with patience.
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Many lose money in this crypto industry because of the behavior of scammers. It will always be side by side with us
who are always in the crypto industry. For that almost nothing can stop them, even in the actual world the scam is
always there. We just need to be vigilant and keep analytics before we invest.
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Although people’s understanding is already good about the crypto market, and it has already led to a big change to the adoption of bitcoin, it is not impossible also if bitcoin will touch low prices. But we never know what the lowest price bitcoin will reach after this bullrun. But still not sure if it will be as deep as touching at $5k. I expect bitcoin will one day touch the lowest possible price at $20k. But that’s not necessarily true, it could go down like at $15k.
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You let your long-term investment in bitcoin be good. Especially if you have a business out there, so it does not disrupt your investment.
Not everything related to cryptocurrencies is a pleasant thing by always giving a profit. Because cryptocurrencies hold negative risks to
a person’s financial system. But nowadays, cryptocurrency is an inevitability that currently exists and colors financial systems around the world.
Some technologies behind crypto assets can make financial market infrastructure such as payment systems more efficient.
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If you look at the price movements from January 12 to now that have been a few days, indeed bitcoin is moving up and down between those prices and I monitor it the highest price over the past few days reaches $39k, and it will always experience a new price height. And it looks like it’s going to be like this for a while. If you look at history, bitcoin could create new prices again and again. For advice, it’s all up to you. If you have no doubt bitcoin will go up, then the price of $34k is good enough for an entry point. But you also have to have your own analysis, not based on other people’s analysis.
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Scammers in the crypto world are always there, even they use various ways to earn money easily. So for beginners do not get caught up
with offers that promise a lot of refunds. Like an airdrop with a big prize, but you have to spend a certain amount of ethereum or bitcoin
to get the prize. Don’t do that, even if the requested amount is not large. If multiplied by a thousand people who send, it will be enormous.
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Bitcoin is indeed well known as an asset with high volatility, even can said to be extreme. When it goes up, the price will skyrocket, on the contrary when it goes down it will fall very deeply.
On Monday, bitcoin had dropped in price by over 20%, erasing a $42k gain this year. And for those who sell, can’t get a cheap price anymore. Bitcoin has been one asset of speculation whose prices are constantly rising and profitable for those who dare to hold it until now.
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Before bitcoin actually returns its price to $40k and above, indeed while it is being corrected as it is now, someone who wants to buy bitcoin should be able to determine the purchase price for now. But if you look at the decline of the last few days, it only got to the price of $32k, then bitcoin rose to $36k and dropped again to $34k and went back up to $39k. and now maybe this is the lowest price at $35k, so it's still very hard to get down to $20k. But anything can happen, I can't be sure either, because it's just an observation based on my view.
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Bitcoin and ethereum are good coins to invest in. So this is you who can decide for yourself. But to get into this investment
make sure the price is not at the top. both investing in bitcoin and in ethereum. Be a little patient to wait for the price to drop.
Now that both bitcoin and eteherum are correcting their prices, before they go up again, be able to set a target for purchase.
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The current $50k for the price of bitcoin is very close. Bitcoin once touched $42k, although there was a correction yesterday, but now
it has gone up again and is now at $39,360. That's close to $40K. You're very lucky if you still hold bitcoin to this day and didn't sell it
when yesterday it dropped to $32. Maybe we'll see the price of bitcoin to touch $50K and even keep doing new prices.
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The current correction apparently didn't touch $30k even, after a drop to $32k, bitcoin returned to $35 then is now at $36, so it's already
gone up and will be close to $40k again. Apparently whales really can not make the price to touch to the lowest because there are many
institutions that play a role also here. But this is just my personal opinion. Now I don't even know where bitcoin is going.
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The year 2021 is still long, if you look at the current price of bitcoin at $36,159, it will still provide an opportunity to reach $50k this year.
Moreover, bitcoin once was at $42k, and bitcoin will reach that price again. The current decline in bitcoin to reach $32k is the result
of people makes a profit. But bitcoin has raised its price again to $36k. Hopefully bitcoin will continue to $50k, although it should first
decline before reaching the price of $50k.
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