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Author Topic: We All Know, The halving time will be full of drama  (Read 1354 times)
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June 29, 2023, 02:53:01 AM
Merited by JayJuanGee (1)
 #61


Those who allowed the crypto drama consume them would eventually blame themselves for allowing the FUD news to manipulate their emotions.
The whales create FUD to control weak hand emotions, The whales know how to control their emotion. Because of that, the beginner before turning to the trading world must have knowledge of how to control emotions.  This is an important thing before, So if they know that, they don't need again trading knowledge, candle, chart or technical trading.

It can be said that cryptocurrency is also a battleground, and factions will always find ways to defeat opponents to fight for their victory. The marketplace is like a battlefield, if you go to battle without fully preparing your weapons, you will be killed by others. That is the harsh law of the financial market that everyone should know instead of dreaming that just investing money will be helped by someone or will become rich quickly.
Fuds are the most potent weapon of whales, and they use it to attack us, while against Fuds, we need knowledge and experience. So anyone who wants to survive and make a profit in this market needs only these 2 things.

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June 29, 2023, 09:05:11 AM
Merited by vapourminer (2)
 #62

Without black swans like FTX or Luna, how can we buy bitcoin for $15k, and without drama between Binance and SEC, how can we buy bitcoin for $26k?
So, is this a good thing? I don't agree with you, the drama shouldn't happen, if this keeps happening, they will continue to create drama in the future to try dump Bitcoin again. If they are late to buy, they have to be fair to buy Bitcoin at a high price, don't dump it to make panic the weak hand.


You are afraid of it, but I am not scared because drama has been an integral part of this market since it was created. Like it or not, it will happen, so we can't do anything but adapt and find a way to live with it. After all, bitcoin is a financial market, a money game, and to create volatility, drama is indispensable. As I said, because this is a game and dumping is inevitable, we should take it as a good opportunity if you want to buy low and sell high.

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June 29, 2023, 09:08:33 AM
 #63

The cyclic rhythm of Bitcoin's halving sure stirs up a tempest, with waves of FUD flooding the crypto tribe, doesnt it? We've seen this dance before; its old hat for the seasoned hands on deck.

The halving technique is etched into Bitcoin's DNA, and grasping its effects is your compass in these stormy seas. At such times, it's not uncommon to spot market puppeteers aiming to sink Bitcoin's price to hoard more before the next bull run.

I hear you, loud and clear. As crypto enmthusiats, our resolve must remain unbroken, our patience unending. We must not let the rumbles of the outside world shake our faith in Bitcoin's future and the might of the blockchain. Our reaction to market waves is in our hands, even if the waves themselves are not. Let's keep our eyes on the prize; the future of Bitcoin and the blockchain glows bright, folks

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June 29, 2023, 10:05:45 AM
 #64

Any industry that is experiencing growth will inevitably see dramas, and the crypto market is no different. Dramas are created in the crypto market to test the fate of investors and get them out before the halving time. Only strong-minded investors who understand the crypto market drama is only but a while, it will be over and they will make it through.
Those who allowed the crypto drama consume them would eventually blame themselves for allowing the FUD news to manipulate their emotions.
Even on the one hand I like the Fud made that makes the market give me the opportunity to be able to buy more from each correction that occurs as a result of weak hands selling bitcoins in a panic.

If we already understand every flow that is created in every pre-halving and post-halving, we will actually respond to every decrease and increase in everything in a normal manner. And this is where the importance of knowledge about market sentiment and market fundamentals so that we can remain calm in every market situation.

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June 29, 2023, 10:37:57 AM
 #65

So, I just want to say; Don't forget, The drama could happen again and repeat until the halving time. you must be strong and patient. you will definitely win if you face it with a quiet and strong hand if happen again in the near future.

Cheers

I didn't expect market makers to fight back SEC the way they did when Blackrock announced that they have requested for Bitcoin ETF, on a normal day, the news wasn't supposed to make gains to bitcoin by $2k from any where the news was made public but I was more surprise they pushed Bitcoin price to over $30k, now I know who always win in this market, hold and disregard whatever these guys do to surpress the price of Bitcoin. Funny thing is, SBF is still there roaming the street the way he likes, the US have hidden Caroline from the public after siphoning billions of dollars, its embarrassing to when I see Security exchange commission say things about Bitcoin.

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June 29, 2023, 10:44:49 AM
 #66

I didn't expect market makers to fight back SEC the way they did when Blackrock announced that they have requested for Bitcoin ETF, on a normal day, the news wasn't supposed to make gains to bitcoin by $2k from any where the news was made public but I was more surprise they pushed Bitcoin price to over $30k
It's FOMO effect from uncertain news which is considered as positive but people will mostly be pulled back to realistic. Not all likely good news will turn to be real achievement, such news mostly causes hype and won't be converted to new achievement for Bitcoin communities.

If we already understand every flow that is created in every pre-halving and post-halving, we will actually respond to every decrease and increase in everything in a normal manner. And this is where the importance of knowledge about market sentiment and market fundamentals so that we can remain calm in every market situation.
Post-halving months are times when the market is already warmed up by a previous pre-halving months and people will FOMO with many good news and good parabolic rise of Bitcoin.

However we can not have a post-halving game if we don't have pre-halving times which can be many months, 2 or 3 years and we call those times as bearish market. It is very stressful and boring time but it is necessary for the growth after halving. Fundamentals like developments, products, upgrades, adoption are all prepared in bear market.

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June 30, 2023, 01:13:32 AM
 #67

So, is this a good thing? I don't agree with you, the drama shouldn't happen, if this keeps happening, they will continue to create drama in the future to try dump Bitcoin again. If they are late to buy, they have to be fair to buy Bitcoin at a high price, don't dump it to make panic the weak hand.
You are afraid of it, but I am not scared because drama has been an integral part of this market since it was created. Like it or not, it will happen, so we can't do anything but adapt and find a way to live with it. After all, bitcoin is a financial market, a money game, and to create volatility, drama is indispensable. As I said, because this is a game and dumping is inevitable, we should take it as a good opportunity if you want to buy low and sell high.
The thing is, I do not consider Bitcoin to be a money game, I always considered that Bitcoin is future solution money. so I take it seriously like I invest property. I don't know why out there, many people still have that thought and think Bitcoin is Goods and can be played as other centralized assets like stocks and foreign currency. So If you want buy, buy it on spot exchange, where we can withdraw it and save on a non-custody wallet.

I didn't expect market makers to fight back SEC the way they did when Blackrock announced that they have requested for Bitcoin ETF, on a normal day, the news wasn't supposed to make gains to bitcoin by $2k from any where the news was made public but I was more surprise they pushed Bitcoin price to over $30k, now I know who always win in this market, hold and disregard whatever these guys do to surpress the price of Bitcoin. Funny thing is, SBF is still there roaming the street the way he likes, the US have hidden Caroline from the public after siphoning billions of dollars, its embarrassing to when I see Security exchange commission say things about Bitcoin.
Yes, Holder always wins, and because of that Microstrategy always DCA Bitcoin at all times moment, a day ago they bought another 12,333 Bitcoin and don't care what happen on the market. Actually, if they want, they can make the bitcoin price dump 1st and buy on dip. But, they look don't care about it, they always buy anytime and at any price. And, I am really sure, They will be top bitcoin holder because have a real bitcoin on their wallet.

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June 30, 2023, 03:53:53 AM
 #68

So, I just want to say; Don't forget, The drama could happen again and repeat until the halving time. you must be strong and patient. you will definitely win if you face it with a quiet and strong hand if happen again in the near future.

Cheers

I didn't expect market makers to fight back SEC the way they did when Blackrock announced that they have requested for Bitcoin ETF, on a normal day, the news wasn't supposed to make gains to bitcoin by $2k from any where the news was made public but I was more surprise they pushed Bitcoin price to over $30k, now I know who always win in this market, hold and disregard whatever these guys do to surpress the price of Bitcoin. Funny thing is, SBF is still there roaming the street the way he likes, the US have hidden Caroline from the public after siphoning billions of dollars, its embarrassing to when I see Security exchange commission say things about Bitcoin.
FUDs arise whether we like it or not. The SEC issue is not new to us but it was not because of Bitcoin, it is due to the increase of scam projects that need to regulate and stopped. And yes, it was not the reason to panic because as long as we are investing in Bitcoin and trusted projects, we are totally safe. But if we are into those coins that are useless and have no use case, certainly you feel uncomfortable and worried about the situation.

So I say this is normal, money has an influence and sadly, they are targeting big exchanges.

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Reatim
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June 30, 2023, 04:52:58 AM
 #69

What ever drama come sin from the halving season still what we are all aiming is to gather our prize from our investments .
I only see drama becoming bad if the investors takes wrong decisions.
but as long as we are holding ?i don't see anything that will hinder us from making money as soon as ending next year.









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posi
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June 30, 2023, 01:54:34 PM
 #70

So, is this a good thing? I don't agree with you, the drama shouldn't happen, if this keeps happening, they will continue to create drama in the future to try dump Bitcoin again. If they are late to buy, they have to be fair to buy Bitcoin at a high price, don't dump it to make panic the weak hand.
You are afraid of it, but I am not scared because drama has been an integral part of this market since it was created. Like it or not, it will happen, so we can't do anything but adapt and find a way to live with it. After all, bitcoin is a financial market, a money game, and to create volatility, drama is indispensable. As I said, because this is a game and dumping is inevitable, we should take it as a good opportunity if you want to buy low and sell high.
The thing is, I do not consider Bitcoin to be a money game, I always considered that Bitcoin is future solution money. so I take it seriously like I invest property. I don't know why out there, many people still have that thought and think Bitcoin is Goods and can be played as other centralized assets like stocks and foreign currency. So If you want buy, buy it on spot exchange, where we can withdraw it and save on a non-custody wallet.


Do you really see bitcoin as the future solution money? If you consider it the currency of the future, then why would you care about its price daily, even if your topic is profit oriented rather than treating it as the future currency? If you consider it a currency, you should use it every day regardless of its price, you should not store it or buy or sell low sell high. That makes you no different than I am looking at bitcoin as a speculative to make a profit. Yes, I use centralized exchanges to buy bitcoins, but that doesn't mean I'm storing bitcoins on centralized exchanges, I'm not that stupid.

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noorman0
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June 30, 2023, 02:17:07 PM
 #71

So, is this a good thing? I don't agree with you, the drama shouldn't happen, if this keeps happening, they will continue to create drama in the future to try dump Bitcoin again. If they are late to buy, they have to be fair to buy Bitcoin at a high price, don't dump it to make panic the weak hand.

What you call "drama" is necessary, essentially the volatility in bitcoin is necessary to prevent market bubbles from occurring. This is almost needed by all types of bitcoin users (speculators, adopters, holders, etc.). After all it's useful for weeding out a few weak hands to mitigate the effect of subsequent FUD, though it doesn't prevent them from coming back on various occasions a market trend.

This space for rent.
Available in mid January 2024 - PM me
Ultegra134
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June 30, 2023, 07:03:39 PM
 #72

So, is this a good thing? I don't agree with you, the drama shouldn't happen, if this keeps happening, they will continue to create drama in the future to try dump Bitcoin again. If they are late to buy, they have to be fair to buy Bitcoin at a high price, don't dump it to make panic the weak hand.
You are afraid of it, but I am not scared because drama has been an integral part of this market since it was created. Like it or not, it will happen, so we can't do anything but adapt and find a way to live with it. After all, bitcoin is a financial market, a money game, and to create volatility, drama is indispensable. As I said, because this is a game and dumping is inevitable, we should take it as a good opportunity if you want to buy low and sell high.
The thing is, I do not consider Bitcoin to be a money game, I always considered that Bitcoin is future solution money. so I take it seriously like I invest property. I don't know why out there, many people still have that thought and think Bitcoin is Goods and can be played as other centralized assets like stocks and foreign currency. So If you want buy, buy it on spot exchange, where we can withdraw it and save on a non-custody wallet.


Do you really see bitcoin as the future solution money? If you consider it the currency of the future, then why would you care about its price daily, even if your topic is profit oriented rather than treating it as the future currency? If you consider it a currency, you should use it every day regardless of its price, you should not store it or buy or sell low sell high. That makes you no different than I am looking at bitcoin as a speculative to make a profit. Yes, I use centralized exchanges to buy bitcoins, but that doesn't mean I'm storing bitcoins on centralized exchanges, I'm not that stupid.
I believe that the majority of us don't expect Bitcoin to become a future currency, nor are we planning to use it in our daily lives. Let's be honest here: it doesn't make too much sense to be used in that way; it's volatile and extremely valuable. Why would someone pay with Bitcoin and not a fiat currency that constantly depreciates in value? Nowadays, Bitcoin is considered an asset, similar to gold. Would you pay with gold in your daily life? Probably not. Thus, I don't see any practical reason to use it in our daily lives, unless it's for speculative purposes.

R


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June 30, 2023, 08:33:24 PM
Merited by Sandra_hakeem (4), SmartGold01 (2), Liliana1304 (2)
 #73

Any industry that is experiencing growth will inevitably see dramas, and the crypto market is no different. Dramas are created in the crypto market to test the fate of investors and get them out before the halving time. Only strong-minded investors who understand the crypto market drama is only but a while, it will be over and they will make it through.
Those who allowed the crypto drama consume them would eventually blame themselves for allowing the FUD news to manipulate their emotions.

Becoming a successful investor isn't an easy thing to achieve that's why only those that have patience are always the ones that make it. The FUD is what's used to separate the weak investors from those with strong hands for holding. Bitcoin halving is around the corner and alots of FUD will be spread to discourage people from buying Bitcoin and bringing the price low so they accumulate more Bitcoin, you have to join them in accumulating.

It doesn't really matter what they say about Bitcoin that's it's used only for criminal activities or that its anonymity helps aid crime as they'll been used to buy weapons. Drama are what makes an industry to be known so all the drama they plan will only help Bitcoin become more popular.

R


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Myleschetty
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June 30, 2023, 11:41:54 PM
 #74

Any industry that is experiencing growth will inevitably see dramas, and the crypto market is no different. Dramas are created in the crypto market to test the fate of investors and get them out before the halving time. Only strong-minded investors who understand the crypto market drama is only but a while, it will be over and they will make it through.
Those who allowed the crypto drama consume them would eventually blame themselves for allowing the FUD news to manipulate their emotions.
You have a point and I believe that the exact drama created by the US SEC to cause some panic in the market may be just for the BlackRock and the Fidelity investment company to accumulate Bitcoin before they both publicly announce filing for the Bitcoin ETF.
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June 30, 2023, 11:53:04 PM
 #75

So, is this a good thing? I don't agree with you, the drama shouldn't happen, if this keeps happening, they will continue to create drama in the future to try dump Bitcoin again. If they are late to buy, they have to be fair to buy Bitcoin at a high price, don't dump it to make panic the weak hand.
You are afraid of it, but I am not scared because drama has been an integral part of this market since it was created. Like it or not, it will happen, so we can't do anything but adapt and find a way to live with it. After all, bitcoin is a financial market, a money game, and to create volatility, drama is indispensable. As I said, because this is a game and dumping is inevitable, we should take it as a good opportunity if you want to buy low and sell high.
The thing is, I do not consider Bitcoin to be a money game, I always considered that Bitcoin is future solution money. so I take it seriously like I invest property. I don't know why out there, many people still have that thought and think Bitcoin is Goods and can be played as other centralized assets like stocks and foreign currency. So If you want buy, buy it on spot exchange, where we can withdraw it and save on a non-custody wallet.


Do you really see bitcoin as the future solution money? If you consider it the currency of the future, then why would you care about its price daily, even if your topic is profit oriented rather than treating it as the future currency? If you consider it a currency, you should use it every day regardless of its price, you should not store it or buy or sell low sell high. That makes you no different than I am looking at bitcoin as a speculative to make a profit. Yes, I use centralized exchanges to buy bitcoins, but that doesn't mean I'm storing bitcoins on centralized exchanges, I'm not that stupid.
I believe that the majority of us don't expect Bitcoin to become a future currency, nor are we planning to use it in our daily lives. Let's be honest here: it doesn't make too much sense to be used in that way; it's volatile and extremely valuable. Why would someone pay with Bitcoin and not a fiat currency that constantly depreciates in value? Nowadays, Bitcoin is considered an asset, similar to gold. Would you pay with gold in your daily life? Probably not. Thus, I don't see any practical reason to use it in our daily lives, unless it's for speculative purposes.
Indeed, now that the fees are high simply because the market value keeps on increasing. It would only be advantageous for huge transactions to avoid taxes but with regular or daily transactions, I doubt. Bitcoin is popular because of its volatile market value but with uptrend pattern in a long run. It is more being used as an asset than being a currency. Well, there's nothing wrong with it but people who are pushing to use it on a daily basis are more likely the ones who are not doing so. We are majority of investors here for sure. And it is still a valid action given that there are still issues on its usage and acceptance across countries. But let's see as this industry continues to grow.

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July 01, 2023, 12:32:43 AM
 #76

So, is this a good thing? I don't agree with you, the drama shouldn't happen, if this keeps happening, they will continue to create drama in the future to try dump Bitcoin again. If they are late to buy, they have to be fair to buy Bitcoin at a high price, don't dump it to make panic the weak hand.
You are afraid of it, but I am not scared because drama has been an integral part of this market since it was created. Like it or not, it will happen, so we can't do anything but adapt and find a way to live with it. After all, bitcoin is a financial market, a money game, and to create volatility, drama is indispensable. As I said, because this is a game and dumping is inevitable, we should take it as a good opportunity if you want to buy low and sell high.
The thing is, I do not consider Bitcoin to be a money game, I always considered that Bitcoin is future solution money. so I take it seriously like I invest property. I don't know why out there, many people still have that thought and think Bitcoin is Goods and can be played as other centralized assets like stocks and foreign currency. So If you want buy, buy it on spot exchange, where we can withdraw it and save on a non-custody wallet.


Do you really see bitcoin as the future solution money? If you consider it the currency of the future, then why would you care about its price daily, even if your topic is profit oriented rather than treating it as the future currency? If you consider it a currency, you should use it every day regardless of its price, you should not store it or buy or sell low sell high. That makes you no different than I am looking at bitcoin as a speculative to make a profit. Yes, I use centralized exchanges to buy bitcoins, but that doesn't mean I'm storing bitcoins on centralized exchanges, I'm not that stupid.
I believe that the majority of us don't expect Bitcoin to become a future currency, nor are we planning to use it in our daily lives. Let's be honest here: it doesn't make too much sense to be used in that way; it's volatile and extremely valuable. Why would someone pay with Bitcoin and not a fiat currency that constantly depreciates in value? Nowadays, Bitcoin is considered an asset, similar to gold. Would you pay with gold in your daily life? Probably not. Thus, I don't see any practical reason to use it in our daily lives, unless it's for speculative purposes.

There are a lot of people who are trying to deceive themselves and always trying to show the community that they are looking at bitcoin as a currency, but they check bitcoin price everyday and always expect it to go up, I like your honesty. I'm not denying bitcoin was initially created to be a decentralized currency, but things didn't work out that way in the first place, and now it's more of an asset than a currency, and we need to admit that. Furthermore, how many people would use bitcoin if it were currency? Bitcoin's volatility is what makes it more attractive than any other feature as it can generate profits.

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Dave1
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July 01, 2023, 01:25:04 AM
 #77

So, is this a good thing? I don't agree with you, the drama shouldn't happen, if this keeps happening, they will continue to create drama in the future to try dump Bitcoin again. If they are late to buy, they have to be fair to buy Bitcoin at a high price, don't dump it to make panic the weak hand.
You are afraid of it, but I am not scared because drama has been an integral part of this market since it was created. Like it or not, it will happen, so we can't do anything but adapt and find a way to live with it. After all, bitcoin is a financial market, a money game, and to create volatility, drama is indispensable. As I said, because this is a game and dumping is inevitable, we should take it as a good opportunity if you want to buy low and sell high.
The thing is, I do not consider Bitcoin to be a money game, I always considered that Bitcoin is future solution money. so I take it seriously like I invest property. I don't know why out there, many people still have that thought and think Bitcoin is Goods and can be played as other centralized assets like stocks and foreign currency. So If you want buy, buy it on spot exchange, where we can withdraw it and save on a non-custody wallet.


Do you really see bitcoin as the future solution money? If you consider it the currency of the future, then why would you care about its price daily, even if your topic is profit oriented rather than treating it as the future currency? If you consider it a currency, you should use it every day regardless of its price, you should not store it or buy or sell low sell high. That makes you no different than I am looking at bitcoin as a speculative to make a profit. Yes, I use centralized exchanges to buy bitcoins, but that doesn't mean I'm storing bitcoins on centralized exchanges, I'm not that stupid.
I believe that the majority of us don't expect Bitcoin to become a future currency, nor are we planning to use it in our daily lives. Let's be honest here: it doesn't make too much sense to be used in that way; it's volatile and extremely valuable. Why would someone pay with Bitcoin and not a fiat currency that constantly depreciates in value? Nowadays, Bitcoin is considered an asset, similar to gold. Would you pay with gold in your daily life? Probably not. Thus, I don't see any practical reason to use it in our daily lives, unless it's for speculative purposes.
Indeed, now that the fees are high simply because the market value keeps on increasing. It would only be advantageous for huge transactions to avoid taxes but with regular or daily transactions, I doubt. Bitcoin is popular because of its volatile market value but with uptrend pattern in a long run. It is more being used as an asset than being a currency. Well, there's nothing wrong with it but people who are pushing to use it on a daily basis are more likely the ones who are not doing so. We are majority of investors here for sure. And it is still a valid action given that there are still issues on its usage and acceptance across countries. But let's see as this industry continues to grow.

Give and take, really up to the individuals on how they are going to used their bitcoin. They can trade it and used as asset just like the majority of us and nothing is wrong with that. There are LN that you can take advantage as well if you want to buy and it bitcoin as payment scheme.

That's why I don't see any drama before or after the halving, the last halving was fine, smooth although that time we have the pandemic.

But I doubt that we will have that kind of a global issues during the halving time.

R


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July 01, 2023, 04:24:47 AM
 #78

The whales create FUD to control weak hand emotions, The whales know how to control their emotion. Because of that, the beginner before turning to the trading world must have knowledge of how to control emotions.  This is an important thing before, So if they know that, they don't need again trading knowledge, candle, chart or technical trading.

A world full of theatrics-the world of cryptocurrency, there are always surprises that will lurk in market prices that make beginners shake their heads. yes. it's true what you said they are set down and they are also busy raising too. But, I think that knowledge of trading, candles, charts or technical trading is necessary as well as having TA analysis and not shooting blind prices when someone is investing.

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July 01, 2023, 06:01:25 AM
 #79

A world full of theatrics-the world of cryptocurrency, there are always surprises that will lurk in market prices that make beginners shake their heads. yes. it's true what you said they are set down and they are also busy raising too. But, I think that knowledge of trading, candles, charts or technical trading is necessary as well as having TA analysis and not shooting blind prices when someone is investing.
And one more thing you forgot. You must know how to manage your emotions when trading.
Emotions are also related to trading psychology, if emotions are unstable then decisions in trading will be chaotic.

In addition to Technical Analysis, Fundamental Analysis also cannot be separated, TA and FA both have an important role to play in predicting Crypto prices, everything will be continuous.

Halving time is coming soon, and now is the opportunity to start collecting Bitcoin and altcoins that have good potential.
Don't regret not buying at a cheap price.

.
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July 01, 2023, 06:08:41 AM
Merited by JayJuanGee (1)
 #80

I believe that the majority of us don't expect Bitcoin to become a future currency, nor are we planning to use it in our daily lives. Let's be honest here: it doesn't make too much sense to be used in that way; it's volatile and extremely valuable. Why would someone pay with Bitcoin and not a fiat currency that constantly depreciates in value? Nowadays, Bitcoin is considered an asset, similar to gold. Would you pay with gold in your daily life? Probably not. Thus, I don't see any practical reason to use it in our daily lives, unless it's for speculative purposes.
You are describing the Gresham law, when there are two different currencies in circulation the most valuable will eventually be hoarded while the less valuable will be widely used, however this only takes into account a scenario in which both fiat and bitcoin are in place at the same time, if inflation keeps growing, a point could be reached in which fiat could not buy much anymore, and that is when people will look for alternatives and gold and bitcoin could become widely used as currencies at the time.
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