Few crypto thoughts of the day

[DeathAngel]

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. I think we’re going lower, maybe $12,000 to $15,000. Reasons are the global financial situation. We will be in a deep recession, people can’t even afford to eat or pay bills so investing is low down in peoples priority. Some people may be forced to sell bitcoin to live. Bitcoin still follows mainstream markets reactions unfortunately, when stocks dump we dump.

2. It doesn’t matter if you buy bitcoin at $10,000 or $25,000. You won’t care when it’s over $200,000 this decade.

3. As mentioned above, the global financial mess we are in + COVID repercussions + war in Ukraine.

4. Bitcoin will be worth more than $1,000,000 in our lifetime. That’s all you need to know.

[ethereumhunter]

Altcoins continue to improve and seem to be slowly getting out of bitcoin, meaning that many altcoins can be different from bitcoin, if previously many said that altcoins were very dependent on bitcoin, namely when the price of bitcoin rose, altcoins would or vice versa but currently many things are not applicable .

Currently, the condition of altcoins cannot be said to have improved because there are still many altcoins that have not been able to get out of the lower price zone and can only survive until the situation changes for the better. This is because the price of bitcoin is still at a lower level and has not shown any signs of increasing so we still have to be patient while looking for opportunities to buy more.

And indeed, altcoin prices are mostly still dependent on bitcoin so altcoins still have to wait some more.

[Bitcoin2009]

Today's cryptocurrencies are dropping again and it looks like the end of the year we are just at home because we don't have money for vacation, last year I was able to take a 5 day vacation because I got profit from the sale of some skyrocketing altcoins including Shiba, but until now I lost more than 60% of assets compared to early 2022.

[MidNite36]

Things will look more bad by 2023 and it's possible to see a new low too, if you have some money right now it's better to buy bit by bit because we still can't confirm that the bottom will be, this is just my own point of view as the war between Russia and Ukraine is getting more serious.

[Lantind]

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.

Perhaps reasoning is part of the process to pump and dump the crypto market. However, if we look further, crypto prices are pumped every two years. Likewise with dumps, perhaps the issue being developed is about covid so that the global economy is in an unstable state. Of course the current dump is also associated with the global economy due to the wars between Russia and Ukraine.

2. Does it matter if you build a crypto portfolio at 15k per BTC or 10k per BTC.

Of course the current deteriorating Bitcoin price makes most investors lose money. But on the other hand this is an opportunity for investment. For those of us who have known Bitcoin for years, of course they will understand the conditions of the crypto market. The market will be back at the pump though not anytime soon.

[newdevices]

Things will look more bad by 2023 and it's possible to see a new low too, if you have some money right now it's better to buy bit by bit because we still can't confirm that the bottom will be, this is just my own point of view as the war between Russia and Ukraine is getting more serious.

we obviously don't know about the future, but maybe predictions of more wars in 2023 will also happen,
because if you look at the war between russia and ukraine it makes other countries also follow it, for example China and Taiwan,
so we have to be careful Be careful next year, maybe the price of Bitcoin will be difficult to reach new ath, or maybe Bitcoin will dump even worse.
Make sure we have a plan if that happens, thinking realistically will keep you alive

[ethereumhunter]

Altcoins continue to improve and seem to be slowly getting out of bitcoin, meaning that many altcoins can be different from bitcoin, if previously many said that altcoins were very dependent on bitcoin, namely when the price of bitcoin rose, altcoins would or vice versa but currently many things are not applicable .

Where did you see that? Bitcoin is moving up slowly while altcoins are doing the same thing right now. I didn't even see what you have been saying above. It seems like that you are seeing the wrong altcoins for sure. Im pretty sure that if whole of altcoins in the market keep following bitcoin no matter how bad or good the news that already published by altcoins. altcoins will never decouple from bitcoin.

I agree with what @lobo13hf said because bitcoin is currently still moving up slowly while altcoins are also moving to follow bitcoin. And in time, bitcoin will break through the high price and there is a possibility of creating new ATH again in the future. So we must remain optimistic that bitcoin can increase again. Meanwhile, if we want to buy altcoins, make sure that the altcoins we buy are altcoins that can provide profits later.

[adzino]

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. There were people that were saying the price will go above $25,000 soon and then there were people saying that the price will go below $18,000 soon. Both groups had their reasons. And now there are people that are saying that price will go below $15,000 and then there are people saying the price will skyrocket soon. In this case, both groups have their own reasons. What I am trying to say is that the market can never be predicted accurately. So no one actually knows if the price is going to go below $13,000 or not.

2. Doesn't matter. Invest what you can afford to lose no matter what the price of the coin is. Just keep holding and never sell when you are at loss.

3. You are asking what is going to  happen in the future. I am sure you know no one knows that. Did anyone tell you about the pandemic before 2020?

4. Yes, they are right. Look at the charts. The price has always gone up in the long run.

[Iyeman]

Altcoins continue to improve and seem to be slowly getting out of bitcoin, meaning that many altcoins can be different from bitcoin, if previously many said that altcoins were very dependent on bitcoin, namely when the price of bitcoin rose, altcoins would or vice versa but currently many things are not applicable .

I saw nothing happened with the market instead of bitcoin is pumping and then down again after that. I think that you didn't see the market correctly. You can try again to see what happeend with the market, bitcoin ios dumping. everything is still at the bottom.
I think that as people said if even this time altcoins are sitll pegged with bitcoin. It cna't leave from the domination from bitcoin.

[Pujangga]

Today the market is red again, and it makes me worried that the 4 year trend will repeat itself again, of course it is a negative trend because until now many of my assets have dropped more than 5% since the beginning of the month.

[Silberman]

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

Unfortunately most newbies do not care at all about the markets, they are interested in what they can get out of the markets but not on the markets themselves, and this is key, those which have actually being interested in how the markets work will have the tendency to study for a longer amount of time and be way more conservative on their approach, while those which only care about the money they can make will take greater risks with their capital, and with this in mind it is not difficult to see which one of those two groups has a higher chance of succeeding in this market.