Quote from: Google+ on May 09, 2024, 03:20:16 PM

Quote from: MRY on May 06, 2024, 01:11:55 PM

Quote from: philipma1957 on May 04, 2024, 03:26:12 PM

yeah we are all a bit depressed at the moment.

i got some dip and I will hodl on for now.

Currently the price of bitcoin is still hovering around $64k, it seems very difficult for the price to increase to the figure that many people expect. There has to be good news that can trigger whales to buy bitcoin.

If you look at the current market conditions it will make you short of breath, market conditions have collapsed again, Bitcoin is back below $60k. Hopefully market conditions will recover quickly and prices will increase again, we have all been waiting for the altcoin season to happen again for a long time.

On the time that we do have those breakouts then it would really be just that normal that there would really be those impressions that it might really be seeing or touching 80k so easily or even thinking that 100k is really within reach on which this is really that a common human being behavior or kind of mindset on the time that we would really be seeing those numbers without even
trying out to realize that we are in a dynamic and volatile market on which price corrections would really be that always in line or simply this wont really be a smooth sail ride on where
some of people really been thinking off.

Currently I don't see any strength to propel and drive the market towards 80k to 100k within this short period or even within ending of this month. We know it's always possible to achieve what price but not at instantaneous way where we could think is really that simple and of course we know that the market are being propelled by forces and this could be positive or negative that is what also attributed to the volatility nature of bitcoin. Price changes is something so common sometimes I calls it manipulation without this action it could be hard to complete it's principle as tradable assets.

It's too early to claim this is the shortest bull run, as we can expect more price increases, especially for Bitcoin and Ethereum. I'm prepared for this by pairing the two cryptocurrencies on Bitget's smart portfolio. And this way, if Bitcoin experiences a bull run first, I'll accumulate more ETH. Then, I'll be ready for Ethereum's typically larger bull cycle, which tends to follow Bitcoin's price surge.

Why did you prefer ethereum than bitcoin knowing too well than bitcoin is most trusted assets even though we knows about it volatility nature but that doesn't mean it would lose trust so easily to abandoned bitcoin to altcoin.
Investment are of choices and that is your choice no one is compelling you to go investment in bitcoin alone but it should be a way of diversification of your investment where you would have several investment to protects your funds, since most of us often choose altcoin than bitcoin and of a true we should always make bitcoin our first choice and put more percentage to it than any other altcoin out there. Btw, this bull can't be so be the shortest and of course we are expecting the main bull run from next year as the bitcoin history always tells.

Quote from: Peter90 on April 20, 2024, 04:23:42 PM

"Those who involved themselves in Bitcoin markets after 2017 encountered a different operation and ideal than those who came before. Today, no one much cares about what came before, speaking of 2010-2016. They are only watching the upward price momentum and are thrilled for the increase in the asset valuation of their portfolio.

Have you then consider the reason why many people do this, its because they have realized that the past is gone already and there is nothing you can do towards that again, but we all have the ability to influence the future right now from our decision taken today, that is why those that invested lately never consider themselves as late investors, because they realized that opportunity in bitcoin network is a continuous expectation they can always achieve with time.

Whom to be blame themselves or the creator of bitcoin?
We know this and even before now they never believed in bitcoin because then many of them where seeing it as something that is so manipulative and some point could lose their investment and yes they don't really get convinced just like that, let say someone just came up something you never had experience of or even know how it looks like and asked you to invest or put your money would you just put your money or you would wait to monitor how that thing works first, and maybe would want to be thoroughly convinced before you could do that so, same thing is applicable to the current world where people are wanting to delve into bitcoin investment not just of utilizing the true nature of it but both in profits and they believed is going place and here to stay.

Quote from: SmartGold01 on May 07, 2024, 05:00:49 PM

You are correct we should understand that memecoin are most hyped and those who doesn't know about them could fall victim since there whale controlling it, usually a coin like this are often being manipulated by traders. Last week there or earlier when I created this topic a new came that someone lost all his investment on pepe thereabout I could give that news attention anyway since I don't want what would keep me thinking

Well, naturally, traders manipulate the market, just as whales manipulate the market, it’s all interconnected and there’s nothing surprising in this, all sorts of meme tokens work only according to this principle and PEPE is no different from others.

Yes that is the formation of the market and without this formulation there will be no buy and sell ( no loss no gain) so that market has to be manipulative for people make profits from the market. Okay let say when a token price get high have you also imagine who then made it high or where was the funds invested in it came from, yes there are people who added their funds with the hope to get it up at the right time but unluckily those who are smarter took profits immediate such amount was added and people who are holding increased their prices so, people are tempted to sell and take profits leaving empty project to them.

No matter what they do that totally eliminate cryptocurrency trading in the country because the citizens are smarter than the government this can only work when there is no internet connection in the country. To me as long as their is internet connection then forget about it cryptocurrency trading must hold and youths must improvise to always outsmart the government for whatever they are doing to stop and restrict cryptocurrency trading.

Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?.

As an investor or someone who is keen's to make invest in bitcoin amount shouldn't restrict you and you can gradually apply DCA that is the way to hold bitcoin without you looking at having much money to buy in bulk.
So far DCA is the coolest way to keep accumulating bitcoin in little quantity irrespective of your income.

Quote from: SmartGold01 on May 03, 2024, 08:52:31 PM

I strongly believe that we never see another ATH this year anymore, if judging by the previous bitcoin halving circle we would understand that whenever bitcoin halve passes we don't always create new ATH at that same year except we fully enters the next year. So, for that we can only managed to get close to $70k again this year but we can't exceed that price range till we enters next year fully before the bull run starts.

We cannot say something with strong belief because crypto nature is not stable so any pump and dump can happen any time and also news put effects on the value of Bitcoin so maybe some good news arises which pumps Bitcoin to its ATH again.

The halving does not impact the price of coins in just one or two months in a positive direction but the current dump is also a part of the after effects of halving and we should take advantage of it.

Either at the end of 2024 or at the start of 2025 we will see another ATH so we should buy enough Bitcoin and altcoins which can give us profit at that pumping month.

Every single cryptocurrency investor should be able to have this at the back of their mind because when think is possible then they are getting twisted because it doesn't work that way they think.
Even though we are too optimistic about some possible possibilities on bitcoin but not when we think it would function like ponzi scheme where people need to put some certain money and expect it the other way round.

US sued Binance, Nigeria government officials told Nigerians to avoid Binance. US fined Binance and CZ, Nigeria government took hostage of two Binance executives and preparing to fine Binance also. Copycat. They are all illiterates for what they did. Can't they see other countries like India and Philippines? Nigeria government believe in wrong ways that they think are right. I have not seen people so illiterate like them. That is why the country is not moving forward.

Well you won't blame them but sometimes things happens for something to happened, if that US didn't took their action we would had seen Nigerian government acted this way towards Binance but believe me or not it's a wrong approach to follow the whole matter. They could have settled this amicably with Binance and allows youth to hustle through their maybe binance could had been paying task either by quarterly or annually based on their alignments. But instead they went on the wrong way whereby Binance has to ceased their operation in Nigeria, who lose now?
Although Binance lose and also we lose as well because they youth will be left with no option than to do illegal things to sustain that is why street work is increasing every day by day.