a friend of mine came to me and he asked, is it possible to invest in bitcoin and crypto for the short term,? which is to meet daily needs, and I am confused to answer because I am still a beginner in bitcoin and crypto. and I want to ask everyone about it?
No, Bitcoin is not meant for short-term speculation. With a high degree of probability, your friend will not be able to buy a cryptocurrency cheaper, but sell it more expensive. Currently, we are seeing a bearish trend in the price movement of Bitcoin and other cryptocurrencies. In this situation, any purchases can bring a loss (instead of a profit). Another thing is if your friend is ready for long-term investments..... Then the present time is a very good moment to buy the first cryptocurrency. Right, I do not agree if investment in Bitcoin is the short term, if I can get profit in the short term then I'm sure the opportunity for long -term hold is better and promising. If the short term can profit 100% then the long term can profit 1000%. |
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Of course Russia has the ambition to become the next super power, and what is done by invasion to Ukraine is a test and want to see the world's reaction with the invasion, I'm sure if Ukraine is finished then the next target is European countries like Georgia, Slovakia and so on.
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After passing through a long process and a lot of controversy, now Elon Musk officially becomes the owner, and must pay up to $ 44 billion, I'm sure there is a business calculation when Elon Musk bought Twitter, even many experts believe that the current trend of doge increases because the Twitter plan receives Doge for ads transactions.
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Rich people always have ideas and can take advantage of opportunities to be rich, they have positive thoughts and always look for things that are useful to increase wealth, when inflation, of course, many people need money so they will lend money with high interest so that their wealth continues to grow.
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We have to choose the right pieces and get them together , if we choose them wisely we will have a dream life and if not it will be full of dislocations and struggles!
Main parts of this puzzle are study, proper job , marriage, smart housing move and retirement plan! We shall Live like economist and study each step economically.
Everyone is typically gifted with the piece of solution to every natural puzzle. Humans need to learn to find those with the different puzzle pieces to a solution and make sure no contributor is cheated out of his/her reward once the puzzle is solved. The type of human likes the puzzle, this is because it makes life more colorful, for example we know what our lives will be like a day, a month or another year then we will not do anything and do not want to think anything, but when life is like a puzzle then we will trying to do best. |
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Gold certainly has good prospects in the future, everyone certainly agrees that Gold is the best investment and is a legal foreign exchange reserve and is accepted for all countries, gold has been used since humans know money, in the past money only came from gold and silver so that prices Any commodity is always calculated based on the price of gold.
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October will soon pass and it seems like it will be closed at a price of $ 20K, but this is a good thing and hopefully it will be the beginning of the resurrection, I hope that November can reach $ 25K, and not drop it again under $ 20K. And at the end of 2022 it can return to the $ 30K level so that it becomes a good start in 2023 can skyrocket again.
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Many people say they want to buy when the market is rising, in my opinion this is a wrong and late expression because buying when rising is a high price, different if the market is bearish like now then the best opportunity to buy because we can get a cheaper price.
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There is no investment that is safe and guarantees a definite profit, the opportunity to lose is always there even if we invest in property, gold or something else, the opportunity to lose is always there, let alone invest in the top 10, and of course we still remember LUNA, before it was destroyed LUNA was ranked 7.
Ranking on certain cryptocurrencies does not guarantee an extraordinary profit for investors, as in the Luna example you mentioned. But Luna's example cannot be taken into other investment matters such as property, gold and others of the same type, because Luna is part of a cryptocurrency that used to exist even though it has now been destroyed. So the Luna example can still be used for other cryptocurrencies with almost similar types so that the path can be very unidirectional in my opinion. Of course the ranking will not guarantee that it will last a long time, when the developer or project tries to manipulate with the aim of seeking its own profit, slowly the investor will know, and sometimes the developer does not focus on the goal so that the project will stop and make prices continue to decline. |
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If we look at the price trend throughout 2022 it seems very difficult to reach $ 45K, especially the world economic conditions that are still recession so that most people will need cash and cryptocurrencies, of course, will be the first asset to be sold.
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If life is predictable, I don't think it will be interesting, people will sleep without thinking and doing anything because they already know about what will happen with their lives, when life likes a puzzle then people will always try to do the best, always be aware of anything so that they will Make life more attractive.
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Competition is a good thing to produce quality products and at low prices, the competition makes the team from the company always creative and try to be the best, if there is no competition, it is certain that the products produced will disappoint customers.
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In my opinion the opportunity to drop is greater because of external factors, namely inflation that occurs in almost many countries, this is what makes us not expect more to the performance of Bitcoin prices, and opportunities for dropping below $ 15k certainly can also occur.
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If we look at the trend since the beginning of the year it seems that October to the end of the year the price will be red, this is what makes us have to be patient for hold, I'm sure next year the price will rise again and now is the best time to buy.
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October 4 days left and it looks like the market will be the same as the previous month, which is still red, although at this time the price is $ 20k but many analysts believe that prices will fall again below $ 20K because of the global economic conditions that make investors really need cash.
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