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Author Topic: Bitcoin is the only currency that has grown the most!!  (Read 1158 times)
NewRanger
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February 03, 2024, 09:53:48 AM
 #141

Actually bitcoin is on it's own way on that time you have seen pump and now bitcoin is also dump after the touch of over 47k. And I don't think it should be perfect compare between to altcoin to bitcoin. Even then in this you can also see that etherium has grown besides bitcoin. Not all altcoin will be goes to the same it is natural.

Yes. BTC is on its way to returning to ATH, but even so, let's look at the current conditions, even though it seems at first glance, ordinary people will not spend their money on expensive portfolios. For Altcoins I have no doubt that ETH is the king of Altcoins and trading can be done anytime and anywhere. very dynamic, It only takes at least an hour or two to analyze the charts and fundamentals.

Sometimes at this time we imagine that our trade will be profitable but the reality is different from us and often good fundamentals have no effect on price action. If BTC is good, everything will come true.
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February 03, 2024, 10:14:45 AM
 #142

Look at the movement of the market now month after you posted this thread https://coinmarketcap.com/  that will show you that Bitcoin maybe acting best last december but not this near ender of January as all of the cryptocurrencies leaded by bitcoin is dumping badly.
strongly holds 40k position for the past couple of months but now suffers in huge dumping since yesterday.and also it did not cross 50k because after the Spot ETF approval the price grows up to 49k but thats it , starts to fall again.
Bitcoin price will go up and down in the crypto currency market it is a normal phenomenon I think there is nothing to be impatient about it. We saw that the price of Bitcoin surged surprisingly after the announcement of the approval of the Bitcoin Spot ETF and the price of Bitcoin reached around $49000.

Seeing the increase in the price of Bitcoin, many people thought that Bitcoin might cross 70 or 80 thousand dollars before the Bitcoin Halving but instead of increasing from there Bitcoin started to decrease. Bitcoin fell below $39000 but today the price of Bitcoin rose slightly and touched $40000.
This is a common pattern in the cryptocurrency market, where prices often fluctuate in the short-term. I have noticed that the long-term trend for Bitcoin has seen the Bitcoin price rise despite these short-term corrections. A few days ago the price started to rise before the Bitcoin ETF became available and the price of Bitcoin started to fall a day or two after the approval. I never thought Bitcoin would go above $70K before the halving. I thought if ETF approved would go above $50k but before it got there Bitcoin started to take a correction. Halving doesn't have much time left and may now make frequent short-term ups and downs. Hopefully after the halving Bitcoin will start a run to reach its ATH.
What is happening now is always normal in the market, people often fear or attribute what is not to what is happening many times even as the market will always be affected by both economic and technical factors and this happens in multiple daily, weekly and more. This week alone, many countries' data, particularly of the US that are important, even happened many times this week alone. They actually affected the Bitcoin market, but many would not understand this important news or know maybe they even broke but will be relating market conditions to something else. Regardless of that, to avoid confusion as it is not everyone that would be opportune to have this information, this is why we have to be close to our trading charts. At least, this will reveal what is really happening in the market to use in our planning, especially when we are analyzing it on the higher charts.

Fine, halving is coming now and the ETF has been approved, but after all that, what is next? That is why traders should be dynamic just as the market is dynamic since no factor affecting it now is permanent and our most beliefs about the market could be disappointed at times. This is just as you expected the ETF to have pushed to market to above $50,000 but the market is still now far below it. Therefore, guiding ourselves beyond halving and ETF prevails in my opinion in the short and long-term outlook of the market, and nothing is confusing here if you are well informed about the situation.

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Briankimp1
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February 03, 2024, 10:39:44 AM
 #143

I think the Bitcoin market is growing remarkably and still has lots of room to continue growing but I’d also like to add that alt coins should not be looked at as nonsense and a waste of investment cause that’s how you see it on the contrary their are purposeful alt coins doing ground breaking developments and there are data’s to prove this what’s happening right now is simply natural Bitcoin is and will always remain the grand sire of crypto currency’s but don’t sleep on alt coins they’ll definitely surprise you like Bitcoin did the world.
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February 03, 2024, 06:50:01 PM
 #144

As far as I know the price movements of Bitcoin and large altcoins are not much different, meaning that the price increases or decreases between them tend to be the same.

That's not quite right. Not all cryptocurrencies move in lockstep, despite what it may seem.  Sure, the big dogs like Bitcoin tend to set the overall mood in crypto markets.  When BTC crashes, almost everything else comes down with it.  But the altcoins? They often dance to the beat of their own drum thanks to their tiny market caps and some unique use-cases.  It's like when the recess bell rings - the big kids run off in a herd while the little tykes trip over their untied shoelaces along the way.  So next time the market takes a spill remember that not everything is sinking at the same rate and  the crappy altcoins might just surprise you.  Wink

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February 04, 2024, 10:22:07 AM
 #145

Actually bitcoin is on it's own way on that time you have seen pump and now bitcoin is also dump after the touch of over 47k. And I don't think it should be perfect compare between to altcoin to bitcoin. Even then in this you can also see that etherium has grown besides bitcoin. Not all altcoin will be goes to the same it is natural.

Yes. BTC is on its way to returning to ATH, but even so, let's look at the current conditions, even though it seems at first glance, ordinary people will not spend their money on expensive portfolios. For Altcoins I have no doubt that ETH is the king of Altcoins and trading can be done anytime and anywhere. very dynamic, It only takes at least an hour or two to analyze the charts and fundamentals.
really?  this will only take an HOUR TO ANALYZE THE CHART? wow so you are a trader mate? 
can you share us what would be the movement in the next 24 hours because I really needed to make money now?

Quote
Sometimes at this time we imagine that our trade will be profitable but the reality is different from us and often good fundamentals have no effect on price action. If BTC is good, everything will come true.
lol Sideways will effect the market , this is the reason why our expectation comes wrong and
if you are not ready in this then you will be the loser.

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February 04, 2024, 11:51:04 AM
 #146

Actually bitcoin is on it's own way on that time you have seen pump and now bitcoin is also dump after the touch of over 47k. And I don't think it should be perfect compare between to altcoin to bitcoin. Even then in this you can also see that etherium has grown besides bitcoin. Not all altcoin will be goes to the same it is natural.

Bitcoin reduced in price for few days but now the price is again going higher and higher as it was 39k$ but today it is 42k$ which means that we are entering into the Bull season. Ethereum gain more success after ETF approval of Bitcoin more than bitcoin itself because it is second good and successful coin in which we can put maximum amount without any worry.

Now ethereum is 2300$ which seems as slight dip for Etheruem but altcoins are effected in a similar pattern as they of bitcoin is effected but remember that as higher the bitcoin will move same will be the altcoins condition.



 

 

 

 

 

 


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February 04, 2024, 09:43:16 PM
 #147

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December?  What do you think about the way the Bitcoin market is currently growing?

There are many currencies that have been showing interest in coming along way far as bitcoin had been but yet they can't withstand the relevance of what bitcoin has always served, in terms of performance, there are alot of them thst have a market price performance in recent times better than bitcoin but they are not reliable and cannot be trusted the way bitcoin had always been, we know this truth for the sake of the experience crypto users that bitcoin is the only most reliable digital currency, which also have proven years of consistencies and trust.
Well when it comes to profit generation, I think there are couple of coins that can get you some high value profits but you would have understand that the risk sometimes involved in these coins are like 50/50 because at any second the coins that is yielding high profits can decide to dropped dramatically that even you yourself would be surprised to how and what really transpired that lead to the massive dip and that's where Bitcoin beats all because when Bitcoin do dip so many people are joyous because it opens a wonderful opportunity for many to buy as there is always certainty that it will go up again.

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February 05, 2024, 05:52:22 AM
 #148

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December?  What do you think about the way the Bitcoin market is currently growing?



Bitcoin has been on a quite ride lately, but it is impressive how it keeps growing up. Crossing the $44k mark is amazing, As for  whether it will touch $50k by December, it hard to say for sure because  the market can be unpredictable but bitcoin has shown some serious growth potentials. There is definitely a possibility that bitcoin could reach $50k by the end of the year considering the bullish market conditions and with more people getting involved in bitcoin investment it's definitely contributing to bitcoin growth.
Bitcoin has definitely shown faster growth compared to many altcoins. It often sets the trend for the market and while altcoins may follow it's upward movement, they can experience bearish periods. It can be tough for altcoins to survive and they may even fall to lower level.
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February 05, 2024, 04:43:57 PM
 #149

I think the only reason it seems like Bitcoin is the currency that has grown the most its because it's the most relevant and the king of all coins.

But as far as I know, nobody is paying much attention to other coins as the price is the measure of success from the pool of thousands of coins we have out there...and the fact that we have coins still under the radar posting some big numbers in terms of ROI and its only because that they are in cents are still crawling to the top...BItcoins $40000 price does mask a lot of stuff behind it but it's certainly not the best performing..

R


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LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
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