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Author Topic: Are You Making The Best Of This Market?  (Read 246 times)
Silberman
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July 27, 2024, 06:34:16 PM
 #21

So right now, Btc is at 66k already, but I still think 55k price was yesterday haha, you can see how time passes fast...

but I wonder how you guys make the best out of this market?
I can see a lot of people aren't just holding tokens but trading / staking or trying to do tasks on crypto exchanges events to earn more during this market.

I am sure this is the right moment where people will really take profit and cash out as much as they can, right guys? Would be nice if I could get some free SOL, BGB,  USDT or just other tokens in general 😁
I do not really see this moment as one in which a person should be interested in selling their coins, bitcoin is still not close to reach its full potential during this bull run, so those thinking on buying altcoins with their bitcoin holdings may be jumping the gun a little bit, as if they do so, it is entirely possible they may need to hold their altcoins for a loss during a whole year as bitcoin keeps going up and creates several new ATHs during that process.
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July 27, 2024, 08:21:56 PM
 #22

I'm still in the process of accumulating more bitcoin through DCA, so I'm not yet actually making the best out of this market but I believe it will happen soon. With patience and positive outlook, everything will be possible. I hope you will do the same as well, and not just begging for some tokens because in all honesty, everything is a risk in here but we come to overcome them because we have a goal to achieve, so I suggest you do the same. Begging is strictly prohibited inside the forum so as much as possible, do not break this rule, otherwise you'll be out in the forum without prior notice.
I am in the same shoes with you because I am still in my accumulating phase and have little bitcoin in my bag so I am using this period of which bitcoin price is still affordable to buy more Bitcoin with DCA strategy because we might not see this price again since everyone is waiting to see bitcoin price skyrocket above 73k price.

I think OP, should learn and grow his account to the Full Member rank where he can participate in signature campaign or better still involve in airdrops and not begging because it shows that he is lazy and prefers to beg.

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July 27, 2024, 09:26:32 PM
 #23

~
I think OP, should learn and grow his account to the Full Member rank where he can participate in signature campaign or better still involve in airdrops and not begging because it shows that he is lazy and prefers to beg.

Exactly! We all gotta grind in our own way.  If dude needs ideas he could ask the community how they making side hustle money for more sat stacking.  People would probably throw out some ideas to help instead of just throwin coins.

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July 28, 2024, 04:27:50 AM
 #24

There is good option to follow DCA for Bitcoin accumulation. No matter whether the price of Bitcoin is low or high, if one plans to hold Bitcoin for a long term, then investing in Bitcoin by following this method will surely make him profitable. Currently the price of Bitcoin is rising but it may turn bearish again and will continue to do so. A bull run that was supposed to start in Bitcoin after the Bitcoin halving has not happened yet. As it offers more benefits to long-term investors, only Bitcoin should be held at this time. And it should be remembered that every bear market creates an opportunity for DCA holders and those who can utilize this opportunity will benefit the most from the expected moment of Bitcoin.

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July 28, 2024, 10:48:03 AM
 #25

Just holding and staking. Trading? What is that? Cheesy
Kidding aside, I'm just holding Bitcoins and some altcoins right now, and all of the altcoins that I'm holding are the ones that I can stake so that while I'm holding, I'm still earning a few bucks off of it.

This is the right moment? For me, it still isn't the right moment to sell because the bull run isn't even starting yet. I don't also think that those long-term holders out there are selling their Bitcoins and altcoins that they've been held for a long time at this moment. I've been set a price selling targets for each coin that I'm holding, and based on what's happening on the market, I don't think that the bull run has started already.

Am I making the best of this market? I would say that I'm trying to just by holding and staking. I don't want to trade anymore since I lost a huge amount of money on it. I guess it doesn't matter whether when you will take profit as long as you are making profit off of your investments. Smiley You're begging as well. Remove it.
That ain't a bad move at all, it is definitely what to do and I agree that it would be quite possible to make money that way without a doubt. I am not saying that you should do something else, I agree that it would be a great idea to keep holding and you could make a lot of money that way, I am not really against anything like that at all, would make it very profitable for a lot of people.

This doesn't mean that you could make some money without anything else, you could make money from trading or other stuff, even airdrops make money for people and that's why I can see why that's understandable, but that doesn't mean that we should make it possible for people to ignore holding neither, because I still think that's the best way to make money.

That is my own idea, if someone proves to me that trading could be more profitable, then they can do that if they want to but I think that even if that's possible, it would not be possible for me because I am not a great trader, I am an ok trader at best and that means I can make a little profit, I have done that, but overall return is lower than what long term holding could bring so that is why I try to keep holding it for a long term instead.

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July 28, 2024, 03:53:44 PM
 #26

but I wonder how you guys make the best out of this market?
Basically trading and the crypto market are always linked to each other, it's just that you use money/capital, without capital you can only watch but you can't do anything, you can only watch price changes on a scale.

Many people are talking about and taking advantage of the current market situation, unfortunately they only comment, they don't actually do it, because without capital, talking is easy, doing is difficult.

Nowadays, whatever you want to do you have to include capital to start it, so the crypto market gives us the opportunity to make a profit.

R


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July 29, 2024, 08:57:08 AM
Last edit: July 29, 2024, 09:50:38 AM by Chibaba
 #27

So right now, Btc is at 66k already, but I still think 55k price was yesterday haha, you can see how time passes fast...

but I wonder how you guys make the best out of this market?
I can see a lot of people aren't just holding tokens but trading / staking or trying to do tasks on crypto exchanges events to earn more during this market.

I am sure this is the right moment where people will really take profit and cash out as much as they can, right guys? Would be nice if I could get some free SOL, BGB,  USDT or just other tokens in general 😁
Any moment is usually perfect for earning depending on what you are inclined to. Airdrop hunters are smilling recently particularly those active on the Ton ecosystem. Some exchanges have alsso been busy doing some giveaway but often time it's region specific cos Bitget for instance has one in play for their potential users dubbed daily check in where SOL, BWB, BGB and USDT are up for grabs.
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July 29, 2024, 08:55:57 PM
 #28

but I wonder how you guys make the best out of this market?
I can see a lot of people aren't just holding tokens but trading / staking or trying to do tasks on crypto exchanges events to earn more during this market.

One way is no always the best way to get a sustainable and non stop income. You need to diversify in order to earn more. Those diversifying are doing it in order to get more source of income and be more profitable. Just do what works for you best and make sure you stick to that until you’re profitable in it. There are risk involved in all of them and you should try as much as possible to get the best out of them despite the risk involved.

Quote
I am sure this is the right moment where people will really take profit and cash out as much as they can, right guys? Would be nice if I could get some free SOL, BGB,  USDT or just other tokens in general 😁

Nothing is free here buddy. You just have to work for it in order to earn for yourself also. You just said you’ve seen how many people engage in activities to earn money for the first time or do other stuffs to earn themselves more money. You should also try some out and not come out here asking for people to give you for free. Do you think free is easy to get? Just get yourself up and start working to get what you want or you’ll be left behind when others are progressing.

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Today at 12:02:10 PM
 #29

-snip-
-snip-

By doing some easy tasks, one can get free coins. It's meant to be like an airdrop or giveaway, even if it's not very profitable. OP can do things to get money, but no one expects her to beg. If he really did it, that meant he had to be prepared for all the consequences.
OP may be joking but from my understanding the sentence invites a bit of an impression as if begging. If he doesn't know that one of the rules states that begging is not allowed, then with several responses regarding the rule, OP already knows it indirectly as long as he is used to re-reading one by one after this topic was created.

Regarding free coins, although it can do some easy tasks such as airdrops and bounties, it is not enough to expect more. Another easy way is to spend capital by buying coins that are considered to be profitable when the bullish peak occurs.

R


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Today at 03:29:33 PM
 #30

I love the fact that I purchased some when it was under 60k, I never got to that 53k period, I didn't had any money during that time, but I was around when it was 56k and I bought some at that time. I love that fact because it proves that I knew that the price would recover, it was very obvious for me and I already knew what would happen and I am not shocked that what happened was literally what I assumed would happen, without any question.

Getting some sort of understanding that market goes down and up, is the key to make some money. What that means is that I could buy when it goes down, and sell when it goes up, and that way I would be making a lot of money. Without that understanding, we can't really make anything change at all, the result wouldn't be really that great.

So, what that means is that if we trust our judgement and buy when everyone is fearing and the price is dropping or bottomed, then we are going to make a killing when it goes back up. I mean I just made 20% within like a month I think, that alone is a great proof that if you buy when it goes down, you are going to be fine when it goes up, and drops are never scary things, those are the times you should be happy to buy.

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