We have heard all the news about countries deciding to make bitcoin as legal, the latest being Russia and Ukraine as they both are also in some political problem. Obviously with this new statement that has been made on bitcoin status in those countries, it could be regulated by the government.
What is your expectation of bitcoin ?
In these two countries it is possible that bitcoin does not work as expected, with regulations set by the government, moreover the two countries are currently facing war, but for other countries I don't think it will have a big effect on bitcoin's journey, there are many problems that occur in the world. , but it doesn't completely make bitcoin go down at its lowest price, if because of these two countries bitcoin will go down far, then there are other bigger influences that determine bitcoin from the past until now |
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It's no surprise how fast people adapt to the present conditions of anything that's happening, when a bull market is present they wish it stays forever and they make plans based on it, they have forgotten that the crypto market is seasonal no matter how much money is entering the space.
We know that everything has a market cycle, including crypto. What we have to do is prepare a strategy how we can get profit even when the market dips. If it's me, I don't need much profit, as long as it's profit and I can earn from it, I'm fine Investment must have a strategy in running, otherwise the investment we make will not produce anything, the market cycle will change under certain conditions, that's why strategy is needed, it's better to get a small but stable profit than to get a big but speculative profit and full of risk, especially today's uncertain market conditions |
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If we talk about 2018 bitcoin has progressed for now, where the threshold was $5,800, then bictoin proved itself to be the best asset so far, this journey process is nothing but making bitcoin more valuable, although correction cannot be separated from its journey, but if you pay attention bitcoin has move up more significantly in 2021, meaning that the selling and buying prices are quite large that year, bitcoin's progress does not affect the downward correction at its lowest price, this year bitcoin has corrected many times, but has not shown at its lowest point |
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Hey guys... Here we are again and it looks like the final day of Feb could be giving us hints of what’s in store for the market for the month of March.  And it’s obv looking really good! Nothing like a long green candle to get those dopamines going. Lol. Anyway here’s a chart. Same levels of resistance as last month, both at around 45k and and 51k. I’m feeling good about this one tbh. Leeezz gooo!  It's not easy to maintain market manipulation for a long time, because bitcoin is affected by many things in running, I think for now whales or manipulators will have a hard time controlling bitcoin's journey, especially in these few weeks the case of war between Russia and Ukraine is quite a big issue, if this is the case. able to be bypassed by bitcoin, it is certain that the achievement of new ATH for this year is quite open, considering the biggest case from 2018 until now, bitcoin has made a lot of progress |
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if you look at current conditions it is still very possible for doge to reach Ath this year 2022, but maybe in the middle of 2022 or later this year doge coin will reach its best price
The future of the coin is difficult to predict, because anything can happen with any coin, but when it comes to dogecoin, I doubt it will reach a price of $1, this coin relies on more hype, price increases are also influenced by the influencer (Elon Musk) at that time , many coins are in the top 100, but can't guarantee to grow and develop, except for potential coins that have opportunities, therefore I think it's difficult for dogecoin to reach $1 |
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Very happy because today the bitcoin price skyrocketed to 14%, I'm sure that in April there will be a new ATH again, tomorrow or the day after tomorrow the bitcoin price may have reached $50k, let's continue to buy and hold, don't panic if the price drops because the global bitcoin community is very strong so that it will make the demand for bitcoin continue to rise and of course the price will skyrocket.
What I see is bitcoin is declining for now, because of the correction phase and tensions between the two countries that are at war, indeed this does not indicate a large index that the correction is caused by the problem, because previously bitcoin has also corrected, but the effects of the two countries will affect bitcoin in the future , although we don't know how long it will last, I doubt that in April bitcoin will reach a new ATH The decline in the price of bitcoin was caused by several events that are happening in the world, one of which is often associated with the war between Russia and Ukraine, but if you look closely, before that happened bitcoin had been correcting for so long, there is currently an upward movement in progress for bitcoin, although it doesn't look stable yet, but most importantly this will be more positive for bitcoin's future journey, it is necessary to wait a few more months for bitcoin's correction to recover, so that the market returns to normal as usual |
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Bitcoin can be purchased under any conditions, but right on target is a step that we must be able to see, for example buying bitcoin in conditions like this, then the potential in a normal market we will get big profits, compared to buying bitcoin in stable and normal market conditions , although both can be run simultaneously and determine the long term in investment, the most important thing is bitcoin in the long term will be better than before, the correction phase is a common thing in the market, this cannot be separated
Now Bitcoin has started to be at a very good price level, but for the long term, then there is no need to think about it too long because it is clearly still very feasible and suitable to be bought according to each ability. Because Bitcoin is always suitable for long term assets even though Bitcoin is not a stable coin. absolutely true, bitcoin in the future there is no doubt, this coin has gone through a long process from the beginning of its emergence, so to reach its current position is not an easy thing, the current price level is very much different from before, the correction also does not show that bitcoin down at its lowest price, so no need to worry about long term for bitcoin |
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Talking about 2025 is still very speculative, especially regarding memecoin, a large community is formed because that basis exists, while dogecoin is no longer under the influence of hype, even if influencers try to play issues like Elon Musk, but I don't think it will happen again, the concept of coinmeme development very much different from potential coins, that's why I doubt Dogecoin will be able to reach $1, especially the current abnormal market conditions
The influence will remain as long as the market can improve and in general the potential for Dogecoin to get to $1 is also still there if Bitcoin can be at $70K at any given time. Because if Bitcoin is still at its current price, any altcoin will find it difficult to increase, especially coins that are just a meme like Dogecoin which can be speculated by big influencers very easily. However I think it is difficult for Dogecoin to reach the price of $1, moreover the market conditions do not provide opportunities for any coin at the moment, even if the market has returned to normal, then the chances of Dogecoin reaching the price of $1 are still very difficult, such coins are only influenced more by the hype and influencers, so there is no mature concept to make the coin move up like a potential coin, in my opinion it is difficult for Dogecoin to reach that price |
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In 2013 we had a bull run but at that time bitcoin was not known to me. I myself saw the 2017 bitcoin bull run and then we had a massive altcoin bull run. We were expecting the same to happen in 2021 but it did not happen. Some people say that bull run is delayed and some say that next bull run will be after the next halving in 2024.
I sometimes think that bitcoin and crypto market are now matured and we may not see extended bull or bear runs. Bitcoin will reach a hunderd thousand dollars or more but it won't be a parabolic move. What are your thoughts on this ?
The year 2021 bitcoin has progressed more than the previous year, the bitcoin development index has almost reached a better average value, but in the end the correction experienced at the end of 2021 until now, but if you look further, the correction has not brought bitcoin dropped to its lowest price, and I think crypto has matured, while corrections and dumps are commonplace in the market, because this cannot be separated at any time |
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The crypto market is always up and down without expression and we have to be prepared for these risks. indeed, the market is currently going down and is decreasing, making a lot of traders and investors get big losses. but we can't do much other than hold it instead of selling it low and making big losses. Follow the crypto market well and make sure to manage the assets you own as well as possible. don't be easily swayed by a declining crypto market and we shouldn't follow our emotions too much either.
Until whenever crypto will continue to experience ups and downs, which we often hear of corrections and strengthening, that's why we must be able to prepare exit conditions in chaotic market conditions, at least we don't lose in these conditions, although sometimes there is no other way but to hold coins that we have, as long as market conditions are corrected, managing assets is not as easy as we expect, sometimes the market comes to a sudden correction, therefore we need knowledge to avoid losing it all |
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Maybe dogecoin reaches $1 but if there is the richest influencer promoting it besides Elon musk because every meme the price of the doge coin meme is influenced by the community, Elon Musk and Holder. for 2022 reaching $1 is not possible but for 2023-2025 it is possible. hopefully
Talking about 2025 is still very speculative, especially regarding memecoin, a large community is formed because that basis exists, while dogecoin is no longer under the influence of hype, even if influencers try to play issues like Elon Musk, but I don't think it will happen again, the concept of coinmeme development very much different from potential coins, that's why I doubt Dogecoin will be able to reach $1, especially the current abnormal market conditions |
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what do you mean in the long run it always goes down? so long term you mean how many years?
although currently bitcoin is in a bearish phase the price of bitcoin is still much more expensive than the price of bitcoin 2-5 years ago.
other than that bitcoin does not reach ATH every year and there is no guarantee in 2022 the bitcoin price will reach new ATH. what I know after bitcoin reaches ATH bitcoin will enter a bearish phase in a fairly long period of time.
hat do you mean in the long run it always goes down? so long term you mean how many years? although currently bitcoin is in a bearish phase the price of bitcoin is still much more expensive than the price of bitcoin 2-5 years ago. other than that bitcoin does not reach ATH every year and there is no guarantee in 2022 the bitcoin price will reach new ATH. what I know after bitcoin reaches ATH bitcoin will enter a bearish phase in a fairly long period of time. |
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Mumbai: Cryptocurrencies crashed as the threat of Russia invading Ukraine escalated amid border skirmishes, resulting in the crypto investor community offloading their risky digital assets to protect portfolios against further price drops.
On Friday, US President Joe Biden said that Russian President Vladimir Putin had decided to invade Ukraine, and that a military strike could happen in days. And yesterday Putin signed a document accepting Lugansk and Donetsk as a separate independent cities. It affected the rate of Russian rouble a lot.
So, it means that Bitcoin will continue falling or there are chances for its soon improvement?
The possibility of bitcoin going down is quite open to the effects of tension between the two countries, but going up is also possible, because if this is not really affected by the effects of tension, bitcoin will reach a new ATH, big investors and whales will take advantage of this condition to their advantage, it could be weakened first so that people sell, after that they collect in large quantities, when their target is reached, then bitcoin will be pumped hard until it reaches a new ATH |
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Time for another round of profit taking if we hit 1200$.
very suitable profit taking, but in the future it will probably be much bigger, the resistance is also smaller for the current return of profits, the last one I know is above $1200, if you don't hurry it might get even stronger, because some others will also go up, if you don't hurry market resistance is back on the normal path, not the time now, because in the future it will be much higher, be patient? |
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Price correction will always occur when new ATH is reached, if you look at Bitcoin price history, then new ATH at $20k in 2017 is strong support then in 2021 it will reach $62k usd. the current price drop is still normal as Bitcoin continues to strengthen at a price of $35k to $40k usd. this is Bitcoin price support and we will see a price increase or new ATH during the Bitcoin Halving
If you look at the price decline for bitcoin, it has not been too severe, when compared to the previous year, because price support is still stable at $35k-$40k, most of the new ATH achievements are after a big correction, meaning that after that there will be a strengthening to reach new ATH, but for this year it is difficult to make predictions for the price of bitcoin, let alone predict what month's ATH achievement, but I think for the next month there will be changes |
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I don't see that happening anytime soon, not with the present state of the market. That coin do not have the potential of reaching that price, except something drastic happens. But for now, no, it can't achieve that price.
Hoping for the hype to come back, there is no certainty, let alone the market conditions for all coins going to the red line are so severe, this will be very difficult to achieve at that price, especially if you hope in the near future, this is more impossible to happen, preferably bitcoin which has a volume level What's more, it won't be able to get to a high price in the near future, so it's certain that this won't happen |
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When Dogecoin lounch, Dogecoin was a common cryptocurrency But over the trailing 14-month stretch, Dogecoin has rallied approximately 5,000%. And it was up considerably more when it hit its all-time high of nearly $0.74 per coin in May 2021.
With a veritable mountain of support behind Dogecoin, enthusiasts and holders believe it could hit $1 per token.
In terms of catalysts, there's probably none bigger than having the world's richest person in your corner. Tesla CEO Elon Musk owns only three cryptocurrencies. One of those happens to be Dogecoin. Musk is no stranger to promoting Dogecoin on social media platforms like Twitter, or posting obscure memes implying that Shiba Inu dogs are "going to the moon." what do you think about dogecoin?
From the beginning I doubted that Dogecoin would reach $1 per token, because the hype for Dogecoin has ended in 2021, the possibility of strengthening is definitely there, but for higher prices it is very difficult, imagine if one CEO can make the coin strengthen, there will be more and more CEOs. will promote other coins/tokens, but because the hype doesn't apply to all coins, very few CEOs are willing to do that, so it's not only this song that makes coins/tokens grow and strengthen, sometimes even bigger hype affects it. |
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Please correct me if I got it all wrong, audited projects are projects that have passed some security checkup right? As a newbie I kinda like investing in projects that are audited atleast so back to my question, USDT is the biggest stable coin right? When I tracked it on coinmarketcap I found out that's it passed audits through Certik and Fairyproof, why haven't this clear the rumour that USDT might fail someday? Because it's Centralised? If that's it then why DAI ( decentralized stable coin) haven't grow over USDT all this while?
USDT is a token/coin that has greater stability and volume, so many people think this is not a failed project, but even so, USDT has also been rumored to be a fraudulent project and even considered a failure, so far I don't find the issue true, because to this day I still keep these assets, when an audit was carried out, there were considerations that made them pass, so they deserve to be used as valuable assets, as I know USDT is a decentralized token/coin by itself, if I'm not mistaken. |
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I'm not confused that BTC will reach a new ATH this year anymore since we entered 2022 every recoveries are not strong, on the long run the way is always down, what do you think? I'm i wrong or right?
It's hard to guess and make predictions for bitcoin this year, let alone talk about the achievement of ATH, I'm sure bitcoin will return to normal, but I'm not sure when it will continue, the achievement of ATH usually applies if the initial price has stabilized or strengthened suddenly, but currently the condition of bitcoin is still stagnant, there is no significant price change, which certainly everyone expects bitcoin to reach a new ATH, but we do not know when that achievement will continue. |
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every decrease in bitcoin and altcoins is an opportunity to make a purchase, many people are not able to take advantage of the condition of the decline in price as a step to buy, so when the good trend is happening in bitcoin and altcoins we are not able to benefit from both, I think we should be able to follow the good trend against bitcoin after making a purchase in a correction condition, because that's when we will get the maximum profit A common problem is that potential bitcoin investors get scared or worried into doing nothing.. so can we know that the BTC price is going to dip more? I would say that we cannot know.. so it may well be better to buy once a week with extra cashflow than to be waiting for lower prices that might not happen... At the same time, I can understand that sometimes people run out of money too.. so they do not have much if any extra cashflow coming in.. so it is not an easy balance to know how much to buy now, versus waiting for another dip. if another dip might happen or not.. maybe? maybe not. Regarding your mentioning shitcoins.. fuck shitcoins.. who cares about that? That's a topic for some other thread to figure out calculating which if any of them might be of any value at all versus how much risk exists to involve yourself with various forms of crap.. . and need not get into discussions here to figure out which shit coin might be less shitty than some other shitcoin... In other words, this thread is about bitcoin... not some amorphous concept that includes considering how much to allocate to shitcoins. possibly zero would be a good number to make the dilemma less difficult in terms of running out of money to buy bitcoin if you happen to be using some of your cashflow to invest in crap. Investment patterns contain different ways, sometimes people believe bitcoin in the long term will be better, so they adopt the long term as a strategy, really no one can be sure what bitcoin will be in the long term, but hasn't bitcoin shown a fairly improved development from early appearance. the problem of people investing anywhere is not my business, and it doesn't really matter what they want to do, right now I'm only interested in discussing bitcoin, because this coin has proven to be more stable than others, so try to think wisely to start a discussion with each other. It's true that it's a waste of time investing in bullshit coins, but we should also appreciate the people who do that, because not everyone can afford to invest in bitcoin. |
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