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Author Topic: Few crypto thoughts of the day  (Read 348 times)
samuraijin
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September 19, 2022, 03:37:12 PM
 #21

I can't stop thinking about the decline in all altcoin prices in all global markets, even BTC. In 2018, there was a very low decline, even this is likely to repeat that period, I am very worried about this drastic decline, even to predict the market is very difficult to predict. guess the movement of BTC and all altcoins, that's why I'm still reluctant to buy some altcoins, because it discourages me from buying, so I don't suffer a huge loss...

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September 19, 2022, 03:47:31 PM
 #22

Taking care of your portfolio is very important if you want to make things better for the future, don't think too much about the Bitcoin price drop, the cryptocurrency market is volatile and unpredictable for now, so enjoy a cup of coffee while looking at your portfolio,
That's right it's better that we stay calm in the face of the current situation,
I think it is necessary to take advantage of the current conditions to buy some potential coins,
don't worry about the falling Bitcoin price even though we don't know when it will go up again

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September 19, 2022, 08:02:45 PM
 #23

Taking care of your portfolio is very important if you want to make things better for the future, don't think too much about the Bitcoin price drop, the cryptocurrency market is volatile and unpredictable for now, so enjoy a cup of coffee while looking at your portfolio,
That's right it's better that we stay calm in the face of the current situation,
I think it is necessary to take advantage of the current conditions to buy some potential coins,
don't worry about the falling Bitcoin price even though we don't know when it will go up again
I say this for bitcoin, 1 bitcoin remains 1 BTC. so that anyone who invests or buys bitcoin doesn't have to worry about the price going to dump or pump, the most important thing is to keep buying the coin and hold it until the price really goes up high.
and when the market is like this actually have the opportunity to get faster profits by short-term trading

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September 19, 2022, 08:54:20 PM
 #24

I honestly do not think that these questions needs answering, it feels like OP wanted to just project their own ideas and that's fine by me, you can do that and it's fine. I do not think it will be 13k, I think we found the bottom, I do not think it matters if you bought at 10k or 15k but if you bought at 10k then you make bigger profit on the long run, and yeah in 2023 we could still have some world economical problems why not, and lastly it's normal for something this good to get bigger, we should be helping that out.

I am not saying that it's the only way but getting a lot more recognition makes it easier for us, so instead of a harder path, let's get it bigger by getting acknowledgement from bigger places.

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September 20, 2022, 06:42:18 AM
 #25

1. The minimum deep that BTC dived to was 17,500$ do you still think we are going below 13,000$? If yes please explain.
2. Does it matter if you build a crypto portfolio at 15k per BTC or 10k per BTC.
3. In 2020 covid was the reason why BTC crumbled to 3,500$ what will happen in 2023 that will bring the same deep dive to crypto market.
4. Crypto keeps looking stronger every year, it's getting more recognised and big players of the world are saying BTC is a better store of value than the dollar for long term, are they right.
1. Uncertain because these two possibilities can happen and everyone has a prediction that they believe in. In my opinion, if you look at the current market conditions, bitcoin is still difficult to rise, but if it has strong support. But just in case it's possible to buy at $13k.

2. The bigger the portfolio, the better. $15k is enough, but don't focus on just one coin because there are lots of potential coins out there.

3. I believe, inflation and the global economic crisis are the impact of the bear market we are facing now, 2023 should be a tough year looking at the current economy, what will save it is yet to be ascertained.

4. That's not entirely true. but lucky those who have bought in advance because they bought at the cheapest price. what they say about the long term can be said to be true but the risks are also great.
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September 20, 2022, 11:00:58 AM
 #26

4. Crypto keeps looking stronger every year, it's getting more recognised and big players of the world are saying BTC is a better store of value than the dollar for long term, are they right.

When it comes to the storing of bitcoins for a long period, it's no doubt that bitcoins are better and they will gonna become stronger in the years to come as do the other top altcoins that are continuing to develop their projects. We might not gonna see it right now because nowadays as we can clearly see, the volatility and the bearish market are causing the problem of why we are not yet moving up. In other words, once we are finished in this scenario, it will be more clearly that the cryptospace will not be the same anymore and it will be recognized and accepted all around the world.

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September 20, 2022, 11:21:07 AM
 #27

1. The minimum deep that BTC dived to was 17,500$ do you still think we are going below 13,000$? If yes please explain.
Possible, the bear market is going to spill up to next year and so we will be tested for sure and that $17,500 might not hold and we will see another lows.

2. Does it matter if you build a crypto portfolio at 15k per BTC or 10k per BTC.
Of course, the cheaper you get BTC the better.

3. In 2020 covid was the reason why BTC crumbled to 3,500$ what will happen in 2023 that will bring the same deep dive to crypto market.
That's why I believed that we might see a record setting lower lows next year.

4. Crypto keeps looking stronger every year, it's getting more recognised and big players of the world are saying BTC is a better store of value than the dollar for long term, are they right.
We have government recognizing it already, and many could follow what El Salvador did. And it's the question on what will be next for us, where is the money coming from. That is the question that I also asked myself before, specially when I read S2F model prediction to $100k. And although we didn't reach that price, government and other big institutional entities is the answer. It could be the same next bull run and maybe another surprised source.

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September 20, 2022, 11:27:51 AM
 #28

No one knows exactly what cryptocurrency will look like in future days.  But many can make some guess just by doing an analysis of previous trading chart. But I don't think bitcoin can go down to 13 thousand.  I think that 17500$ was the last dip fot Bitcoin and maybe it won't go down any further. So because everything is possible with cryptocurrency.  So looking forward to see the rest.  As Bitcoin price is unstable now, I am not yet deciding to invest in Bitcoin.


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September 20, 2022, 12:43:39 PM
 #29

there will be a lot of input, it would be better if you do your own research about it for sure. but from all your questions I can only conclude that crypto is indeed from year to year its price development is always thinning. this is not about covid, but inflation due to the global economic crisis is also very influential. believe it or not with what they say that crypto is the future there is still a possibility because here there is a lot of news that makes beginners interested.
I don't know whether the inflation that occurs at this time really affects the decline in the price of Bitcoin or not,
But certainly this is all inseparable from the bear market,
for now it is necessary to be patient to wait for the bullish market

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September 20, 2022, 05:13:41 PM
 #30

1. The minimum deep that BTC dived to was 17,500$ do you still think we are going below 13,000$? If yes please explain.
2. Does it matter if you build a crypto portfolio at 15k per BTC or 10k per BTC.
3. In 2020 covid was the reason why BTC crumbled to 3,500$ what will happen in 2023 that will bring the same deep dive to crypto market.
4. Crypto keeps looking stronger every year, it's getting more recognised and big players of the world are saying BTC is a better store of value than the dollar for long term, are they right.
I think the reason that makes a lot of sense with today's conditions is at number 3, where the price of digital currencies is dimming and the prices of many altcoins are starting to weaken due to covid 19, so many people are abandoning their trades. but I think it will improve again and digital currency prices will return to normal as usual

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September 20, 2022, 07:58:42 PM
Last edit: September 20, 2022, 09:45:50 PM by sulendra12
 #31

1. The minimum deep that BTC dived to was 17,500$ do you still think we are going below 13,000$? If yes please explain.
It's unpredictable whether it could go below $13k or not. It's hard to determine if it's going into that direction or not. We are at $19k mark right now by the time I write this message and it's not moving that fast between $18.5k - $19.5k for today, but we don't know for the next day though. It's all still speculation.

2. Does it matter if you build a crypto portfolio at 15k per BTC or 10k per BTC.
If you are going for long-term investment and going to DCA route, then it doesn't matter about the price at when you invest. It will sum up in the future and will be ended up in profit.

3. In 2020 covid was the reason why BTC crumbled to 3,500$ what will happen in 2023 that will bring the same deep dive to crypto market.
If such thing ever happened again, then the chance of price crash is high. Otherwise, it's hard for the price dropped down for no reason.

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GeorgeJohn
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September 20, 2022, 09:44:37 PM
 #32

For now, the bear market is still haunting the crypto market and seems to have not recovered, because in the cryptocurrency world no one knows which crypto will be the choice and good in the future because it is an unknown mystery. So do your best for your own choice, if you make a choice from someone else you will definitely regret it if you have a loss.
That's a good advice, because cryptocurrency have branches and sub branches, so investing in any of them, you most ensure that crypto project you are about to venture at, have a good record and potential before you can as well purchase any cryptocurrency both for long term investment and short term investment. I believe that because i know that no investment of cryptocurrency can be regrettable when you make your research very well before venturing into it.

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..BUY/ SELL CRYPTO..
Mpamaegbu
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September 20, 2022, 11:31:41 PM
 #33

1. The minimum deep that BTC dived to was 17,500$ do you still think we are going below 13,000$? If yes please explain.
We will still have to wait for it to retest $17,500 once again before expecting it to crash further to $13,000. Isn't it supposed to be one step at a time?

Quote
2. Does it matter if you build a crypto portfolio at 15k per BTC or 10k per BTC.
No, it really doesn't matter to the best of my perspicacity. After all, there are going to be investors who get off at the same point some others are getting in.

Quote
3. In 2020 covid was the reason why BTC crumbled to 3,500$ what will happen in 2023 that will bring the same deep dive to crypto market.
By 2020 Bitcoin was already soaring again. The situation you described was in 2019. As for what will happen in 2023, I ain't sure anyone can say for certainty what it will be.

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kamvreto
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September 21, 2022, 03:04:53 AM
 #34

For now, the bear market is still haunting the crypto market and seems to have not recovered, because in the cryptocurrency world no one knows which crypto will be the choice and good in the future because it is an unknown mystery. So do your best for your own choice, if you make a choice from someone else you will definitely regret it if you have a loss.
That's a good advice, because cryptocurrency have branches and sub branches, so investing in any of them, you most ensure that crypto project you are about to venture at, have a good record and potential before you can as well purchase any cryptocurrency both for long term investment and short term investment. I believe that because i know that no investment of cryptocurrency can be regrettable when you make your research very well before venturing into it.

Doing good research will certainly help choose what coins are good to invest in according to the investment strategy that will be applied such as long-term or short-term. But what you definitely have to choose is Bitcoin and Ethereum, these two coins don't need to be researched, you just need to determine when is the right time to enter and invest for the long term. for some other altcoins certainly require more in-depth research on the potential for the future.

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RussianEnglishTranslation
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September 21, 2022, 01:33:54 PM
 #35

1. The minimum deep that BTC dived to was 17,500$ do you still think we are going below 13,000$? If yes please explain.
2. Does it matter if you build a crypto portfolio at 15k per BTC or 10k per BTC.
3. In 2020 covid was the reason why BTC crumbled to 3,500$ what will happen in 2023 that will bring the same deep dive to crypto market.
4. Crypto keeps looking stronger every year, it's getting more recognised and big players of the world are saying BTC is a better store of value than the dollar for long term, are they right.
You can't predict the market. It's better to invest in projects with real utility and business usecases rather than trying to swing trade, like XRP and ICP. Even better if they can be staked or yield farmed.
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September 21, 2022, 01:36:39 PM
 #36

in making a portfolio there should be no definite provisions. even we know we should be able to trade from $10. it's just that the more money we have in trading, the better the portfolio we get. I think 1 bitcoin or around $15k is a decent thing to build a portfolio. if more even better.
The greater the capital invested, the greater the profit obtained, but not everyone can do that. If there is a minimal amount and the amount is too large then there is not much opportunity for small investors to multiply their portfolio.
Actually this is an advantage for beginners, because with a small amount they can still learn in this cryptocurrency. Besides being able to minimize the risk, they are also mentally trained from the smallest number.
Basically it is something that we will always encounter, with a large number the greater the profit, but don't forget the risk, because it is worth it.

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Silberman
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September 22, 2022, 09:52:28 PM
 #37

in making a portfolio there should be no definite provisions. even we know we should be able to trade from $10. it's just that the more money we have in trading, the better the portfolio we get. I think 1 bitcoin or around $15k is a decent thing to build a portfolio. if more even better.
The greater the capital invested, the greater the profit obtained, but not everyone can do that. If there is a minimal amount and the amount is too large then there is not much opportunity for small investors to multiply their portfolio.
Actually this is an advantage for beginners, because with a small amount they can still learn in this cryptocurrency. Besides being able to minimize the risk, they are also mentally trained from the smallest number.
Basically it is something that we will always encounter, with a large number the greater the profit, but don't forget the risk, because it is worth it.
Newbies want to start their journey by investing all their capital not understanding they are not ready for it, it is better to start slow and learn about the markets and get some experience with how extreme the volatility and the losses can be in this market, then and only then they could begin to use all their capital, but we know this is not the route they decide to take as they use all their capital from the start and they obtain awful results as a result of this single mistake.
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September 22, 2022, 10:27:58 PM
 #38

in making a portfolio there should be no definite provisions. even we know we should be able to trade from $10. it's just that the more money we have in trading, the better the portfolio we get. I think 1 bitcoin or around $15k is a decent thing to build a portfolio. if more even better.
The greater the capital invested, the greater the profit obtained, but not everyone can do that. If there is a minimal amount and the amount is too large then there is not much opportunity for small investors to multiply their portfolio.
Actually this is an advantage for beginners, because with a small amount they can still learn in this cryptocurrency. Besides being able to minimize the risk, they are also mentally trained from the smallest number.
Basically it is something that we will always encounter, with a large number the greater the profit, but don't forget the risk, because it is worth it.
Newbies want to start their journey by investing all their capital not understanding they are not ready for it, it is better to start slow and learn about the markets and get some experience with how extreme the volatility and the losses can be in this market, then and only then they could begin to use all their capital, but we know this is not the route they decide to take as they use all their capital from the start and they obtain awful results as a result of this single mistake.
For beginners they do need to continuously improve their knowledge and skills,
it's better to focus on that because after all as traders we must be aware that crypto market conditions will continue to move,
Hopefully the previous mistakes can be used as lessons for the future not to repeat the same mistakes

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Shasha80
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September 22, 2022, 10:42:45 PM
 #39

in making a portfolio there should be no definite provisions. even we know we should be able to trade from $10. it's just that the more money we have in trading, the better the portfolio we get. I think 1 bitcoin or around $15k is a decent thing to build a portfolio. if more even better.
The greater the capital invested, the greater the profit obtained, but not everyone can do that. If there is a minimal amount and the amount is too large then there is not much opportunity for small investors to multiply their portfolio.
Actually this is an advantage for beginners, because with a small amount they can still learn in this cryptocurrency. Besides being able to minimize the risk, they are also mentally trained from the smallest number.
Basically it is something that we will always encounter, with a large number the greater the profit, but don't forget the risk, because it is worth it.
Newbies want to start their journey by investing all their capital not understanding they are not ready for it, it is better to start slow and learn about the markets and get some experience with how extreme the volatility and the losses can be in this market, then and only then they could begin to use all their capital, but we know this is not the route they decide to take as they use all their capital from the start and they obtain awful results as a result of this single mistake.
For beginners they do need to continuously improve their knowledge and skills,
it's better to focus on that because after all as traders we must be aware that crypto market conditions will continue to move,
Hopefully the previous mistakes can be used as lessons for the future not to repeat the same mistakes

Actually, it is natural for newbies to experience several losses when they invest in crypto. Because investing in crypto has a very high risk,
where movements in the market are very volatile, it is difficult to predict crypto movements. But as you said, as long as the newbie doesn't
give up every time he experiences a loss, and always learns from the mistakes he has made. Then slowly newbies will understand more about
how the crypto world works and finally be able to make the right decisions. Indeed, the process of becoming a successful investor in the crypto
world cannot be obtained instantly, it takes patience to go through the process, sometimes we have to go through a long enough process until
we really understand what a good investment in the crypto world should be. So never stop learning to improve our knowledge and analytical skills,
because that's what ultimately helps us to be able to generate big profits in the crypto world.

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September 22, 2022, 11:06:57 PM
 #40

1. The minimum deep that BTC dived to was 17,500$ do you still think we are going below 13,000$? If yes please explain.
13,000$ is very deep, well, none will predict exactly how much Bitcoin will drop again. But, so far, Bitcoin only could hit around $17k and then rise up again, It seems several parties may not want Bitcoin will be under $17k. Or, is this is not the time yet?
But, I personally will not expect to hit $13. The deepest price that I want is around $15k, but once more, none will really know the future.

2. Does it matter if you build a crypto portfolio at 15k per BTC or 10k per BTC?
Why don't utilize the DCA? With DCA, we will optimize our investing strategy and tactic, so we can get any rate that we want with the amount. And this will give more advantages if something happen or not running as we expect.

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