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jaberwock
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May 28, 2023, 06:45:53 PM
 #41

Glad to see you believe in Bitcoin and make Bitcoin your main investment. And if you manage to buy bitcoins at the lowest price, now you just have to watch the price movement while still doing DCA to have more bitcoins.

But you still have to be patient again because the condition of the bitcoin market is still like this for a while, and we don't know when the bitcoin market can get bullish again. And waiting while buying is still a good way to see the market turn around again.

And our motivation as bitcoin investors is to get big profits in the future when bitcoin prices can go up. That's why we have to have more bitcoins to get those big profits.
These was the words that we can express right now. We are glad that we trust our gut even though we don't know what is coming up ahead when BTC was still kinda new. Buying Bitcoins at lows could make us an easy profit. If we want money, and we want to sell, we will need to monitor the charts for a while, if not and we decide to HODL for the long term, we can just continue doing the DCA strategy. Patience is mainly needed for this.

I think we can see a movement by next month or so. If more people will unite and buy, it could help speed up the recovery rate of Bitcoin but I think only a few will buy right now. It's either they see it as a high price or they are done buying before.

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May 28, 2023, 09:46:39 PM
 #42

Those who choose to invest in Bitcoin rather than other coins enjoy more stability there is no doubt about that, but again we must be smart enough to always caught an edge and make some form of attempt to always act in the right direction which is what make for profitable investments.
For E.g. having a good entry price in buying Bitcoin and at the same time taking the DCA advantage at each point is what makes a successful Bitcoin investor.

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May 28, 2023, 10:09:50 PM
 #43

I'm happy for you. Most altcoins for me also are just for hype. I already experienced this before during the early days of my experience in cryptocurrency.
I regret too much before because instead, I kept my Bitcoin, I exchanged them for some altcoins.
Another thing why there are some people are being lured to buy altcoins instead of Bitcoin is because of the ROI they can see versus Bitcoin.

This all comes down to risk and how much more risky you can be in such a situation when you have several options. Bitcoin has already shown to be a low-risk investment with a guaranteed return if you don't panic and buy and hold for a long time.

While most altcoins quit the market in the long run, the higher ROI they receive from some of these coins entice buyers to invest in them, despite the considerable high risk involved. Those that invest in altcoins are just picking between risky investments and those that will benefit them more even if things do not go as planned. But the big deal to invest in is still bitcoin.

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GeorgeJohn
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May 28, 2023, 10:13:10 PM
 #44


Since your all about profit while holding BTC, it shouldn't be an issue for you to hold a centralized token when you get 50x profit from altcoins in the bull market.

You know when they say don't put everything in one basket doesn't mean exactly in one wallet but also other investment. If you can profit 10x with ETH, it isn't so bad.
You know someone person's don't understand very well when say diversification of investment, so it's quite understandable that investment of cryptocurrency has to do with plans, as investor it's not ideal that you are supposed to invest with one particular coin, you need to spread your tentacles should incase of disadvantages occurrence in the investment, having five or six different options investment would be better than using one particular investment option, such as investing in a reputable and potential altcoins that have the ability to survive a bearish market and also bitcoin should be the primary option, because Bitcoin have a strong potentialities.

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Nrcewker
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May 29, 2023, 01:22:03 PM
 #45

For me Bitcoin has been my 100% portfolio and up to this point, I am glad that I choose that part even though Bitcoin price has undergone a lot of changes lately, my BTC vs $ balance has shown green and also red-negative movements which is a pointer to the activeness of bitcoin volatilities.

Knowing that Bitcoin is volatile in DCA pricing and also having a balanced market that shows not too much of a sign, e.g. 50% price movement within a few hours which is a sign of pump, or a drop in price significantly below 50% which is a sign of dumped.

Bitcoin has a cycle to help calculate its movement unlike those altcoins that have high centralization, subject to pump.
I am completely agree with you. Altcoins are waste to be honest. They are centralised in nature and the price is completely unpredictable. Glad to hear that you have 100% portfolio of Bitcoins. I have 95% bitcoins and 5% ETH in my wallet. I show trust on both of these coins and know their capabilities. Now the ones who crying for this minor price fall don’t know what Bitcoins are capable of. Bitcoins are limited in number, hence when the demand of the coin will increase, automatically the price will also go up. So think wisely and keep on investing.

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May 30, 2023, 09:03:23 AM
 #46

These was the words that we can express right now. We are glad that we trust our gut even though we don't know what is coming up ahead when BTC was still kinda new. Buying Bitcoins at lows could make us an easy profit. If we want money, and we want to sell, we will need to monitor the charts for a while, if not and we decide to HODL for the long term, we can just continue doing the DCA strategy. Patience is mainly needed for this.

I think we can see a movement by next month or so. If more people will unite and buy, it could help speed up the recovery rate of Bitcoin but I think only a few will buy right now. It's either they see it as a high price or they are done buying before.
I don't think we will see positive movement next month, the price isn't done correcting itself yet and it will probably go lower from this point and that is what is going to happen next month, the price wills start dropping, and by the time it's done dropping and starts recovering back, the month will almost reach at the end and that is when the price might show some positive movements.

The best decision for investors right now is obviously to do DCA since the price can drop anytime, and even if it doesn't, one won't be in loss if they were doing DCA, if one buys at once, they might regret if the price drops later.

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May 30, 2023, 11:03:15 PM
 #47

These was the words that we can express right now. We are glad that we trust our gut even though we don't know what is coming up ahead when BTC was still kinda new. Buying Bitcoins at lows could make us an easy profit. If we want money, and we want to sell, we will need to monitor the charts for a while, if not and we decide to HODL for the long term, we can just continue doing the DCA strategy. Patience is mainly needed for this.

I think we can see a movement by next month or so. If more people will unite and buy, it could help speed up the recovery rate of Bitcoin but I think only a few will buy right now. It's either they see it as a high price or they are done buying before.
I don't think we will see positive movement next month, the price isn't done correcting itself yet and it will probably go lower from this point and that is what is going to happen next month, the price wills start dropping, and by the time it's done dropping and starts recovering back, the month will almost reach at the end and that is when the price might show some positive movements.

The best decision for investors right now is obviously to do DCA since the price can drop anytime, and even if it doesn't, one won't be in loss if they were doing DCA, if one buys at once, they might regret if the price drops later.
The movements bitcoin is experimenting are so insignificant on the great scheme of things, that it would not surprise me that many long term investors did not care at all about what was going on with the price and they were simply buying all the bitcoin they could afford regardless of what bitcoin was doing, not a bad move if you ask me, as even if bitcoin experimented a drop during the month of March we have recovered already a great deal of the ground lost.

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May 31, 2023, 05:44:14 AM
 #48

I don't think we will see positive movement next month, the price isn't done correcting itself yet and it will probably go lower from this point and that is what is going to happen next month, the price wills start dropping, and by the time it's done dropping and starts recovering back, the month will almost reach at the end and that is when the price might show some positive movements.

The best decision for investors right now is obviously to do DCA since the price can drop anytime, and even if it doesn't, one won't be in loss if they were doing DCA, if one buys at once, they might regret if the price drops later.
I do not think that we will go any lower, too many people are expecting it to go lower but we have seen the lower period and I do not think that it will go lower. I believe that we are going to end up with a lot better in the end we just need to focus on what we could do.

A lot of people are approaching this subject as a normal way of trading right now and the market is volatile as always, but we need to remember that we had a huge bull run at the start of the year and then we stopped, which means that it will continue to go back up again with time and we should be expecting that at least. I do, I am expecting it to go above 30k again and maybe even go above 35k during summer as well, much higher than that during November-December period as well.

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May 31, 2023, 05:56:31 AM
 #49

Now the global economic conditions are very difficult, many companies are bankrupt due to the economic recession, this of course makes us have to be creative, if we only complain then we will not get anything, the best thing right now is investing in crypto which provides opportunities for big profits.

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June 10, 2023, 08:13:56 PM
 #50

Now the global economic conditions are very difficult, many companies are bankrupt due to the economic recession, this of course makes us have to be creative, if we only complain then we will not get anything, the best thing right now is investing in crypto which provides opportunities for big profits.
It is important to remember that even if over the long term the overall direction of this market is up, there is a great deal of volatility that we have to face every day, and as such the price can go down for any reason, and if we are not ready for such movements then we may be surprised to see the market going down and then we could take a mistaken decision because of it, and the current market conditions are the perfect example of what I am taking about.

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June 11, 2023, 06:55:25 AM
 #51

Now the global economic conditions are very difficult, many companies are bankrupt due to the economic recession, this of course makes us have to be creative, if we only complain then we will not get anything, the best thing right now is investing in crypto which provides opportunities for big profits.
Do you think investing in crypto can solve the problem of global economic recession? Because the condition of the crypto market itself will not be so good when the global economic recession is still happening and to get profits in a global economic recession will not be as easy as you might imagine. Because investors and traders are also very concerned about spending their money on investment matters in conditions of global economic recession. So don't think that what you say can easily be carried out and make a profit.

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