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Messages - DAMKAR
1
« on: Today at 02:59:57 PM »
I know this for sure that before the completion of the Q1 of 2025, bitcoin would have attained it all time high for this 2024 halving and by then we would have been seeing $150,000 market worth or even more, for those that have invested already, this is going to be what they will pass through and experience as long as they were being able to hold for that long till we arrived at the new all time high around that range.
I also hope so, the price of bitcoin can reach $150K in early 2025. although there are still many who doubt this. Because looking at the current bitcoin price movement, corrections often occur.
2
« on: Today at 02:57:47 PM »
Even though Vitalik,the creator of Ethereum got hacked and stolen Ethereum get even more popularity because.Easy to see and get to know how network platform work, set new altcoins and both profits from main coin Ethereum and the rest.The size of Ethereum is really remarkable and giant ,for handle to get really nice profits.Expected is some red movement by bear market and more green by bullish market soon.
Currently, the price of Ethereum which can become this expensive has shown that Ethereum is an altcoin with a pretty good product, many smart contracts have been created on the Ethereum network and are based on ERC20. Some time ago, the SEC also stated that it would support Ethereum ETFs, but there has still been no official announcement when Ethereum ETF will be accepted.
Just wait, dude. Maybe the SEC is still reviewing the ethereum proposal, until now the ethereum ETF has not been approved. In fact, ethereum is the second safest coin after bitcoin for long-term holding, so the SEC doesn't need to doubt that
3
« on: Today at 02:52:18 PM »
The government can actually control bitcoin but that requires quite a lot of money because so far it requires a lot of money to control bitcoin. Apart from that, the government also doesn't want its citizens to suffer losses because of the very unstable and very dangerous movement of bitcoin prices.
How government control Bitcoin?
Although the government has huge money, it doesn't mean that the government can control Bitcoin. Why do you think having a lot money enables the government to control Bitcoin? Bitcoin system is decentralized, there is no way to control Bitcoin. The price of Bitcoin is depending on the demand, the government also can't determine the price. If the government wants to secure the citizens, the government can give education about Bitcoin to them.
The government will never be able to control bitcoin. as you said bitcoin is decentralized, so no one can control bitcoin. Even though whales can manipulate it, it won't last long. because demand determines the rise and fall of the price of bitcoin.
4
« on: Today at 02:48:28 PM »
Agree with you, becoming a professional requires sacrificing time and capital. because with that we will gain experience. It's not easy to become a professional, even those who have been in crypto for more than 8 years, many have not yet become a professional, including me.
Learning, knowledge, experience and sacrifices can make you professional traders but for becoming professional traders you must have enough time, money and knowledge and without any of these you will always remain as a newbie in trading.
Actually becoming an expert requires time because new things and new coins are arising and even experts don't know which coin will be suitable for trading so they sometimes lose their money.
But the main difference between professional and newbies is that professional traders take their loss as a lesson while newbies try to recover the money without knowing the reason behind their loss and without decreasing his repeating mistakes.
Many people discuss the differences between professional traders and beginners, but I think this is only a matter of time. Even if a beginner is willing to learn from the experience he has gained, one day he will become a professional trader.
5
« on: Today at 02:45:50 PM »
but actually at this time we don't really need that feature because when the price goes down we just hold onto our coins and the price will go up again.
It depends on the strategy applied for a person's trading or investment. Because if you think about it, the stock exchange would not include useless features, therefore the stop loss and stop limit features are often used by traders, especially daily traders who monitor prices every day.
Currently the price of Bitcoin is experiencing a correction again, there are still many reasons to hodl, and I'm sure some people have set their stop loss at a certain level according to the loss tolerance they can bear.
As a trader, I prefer to use the stop loss feature for my altcoins. This minimizes the losses that I will experience, because market conditions are still undergoing correction, so we have to be careful in this matter.
6
« on: Today at 02:43:21 PM »
[
Elon Musk already accepts payments using Dogecoin, but not for his Twitter platform. Elon Musk accepts doge payments on Tesla products, which has started on January 14 2022. Officially integrated with Tesla products via the website starting from May 9 2024. Maybe in the future Elon Musk will start accepting Dogecoin to make transactions on the platform Twitter, Still in the process of development and will be launched soon.
Let's just wait to see whether Elon Musk will accept doge payments on X or Twitter. because at Tesla already, Elon always supports this coin. We remember back to the first time Elon tweeted about Dogecoin which made the price of Doge soar in the past
7
« on: Today at 02:41:18 PM »
It seems like Elon Musk wouldn't do something unilaterally like that, I'm sure he still considers his followers so they don't suffer huge losses, Elon Musk is a visionary and a person who likes doing business for future technological developments, so he won't destroy his career instantly.
There are many considerations that business people like Elon Musk will make, even though their orientation is still profit. He also wants his followers to make a profit, that will also be a consideration for Elon Musk. Because we see that Dogecoin is still in the top 10 coins.
8
« on: Today at 02:04:57 PM »
Well I have a very different vision of this, for me the altcoins are the ones that need bitcoin, in an eventual disaster or crash worldwide, I think that the altcoins are the ones that will always bleed very quickly, that's why when I'm looking for a way to do things better, I can say that new forms of self-protection can be generated, some are looking for altcoins, and that is not bad, but we must see that altcoins cannot survive without bitcoin, 'because bitcoin is the one that has life Without bitcoin there are no altcoins, bitcoin has a life of its own, altcoins if we look closely will always follow bitcoin, in fact their movements are very similar , at least with altcoins that are older their graphs are very similar to bitcoin.
Don't look at it this way, think about the contributions of altcoins towards the adoption rate of Bitcoin and the overall market, if it wasn't for altcoins, Bitcoin wouldn't be as widespread as it is today because altcoin projects promote the market, and when the market is promoted, people tend to look for the leader of the market and we all know who the leader is, it's Bitcoin, of course.
So altcoins have greatly helped Bitcoin gain the level of adoption that it has today, this is why I also think that Bitcoin did need altcoins even if it doesn't need them anymore because it has become extremely popular now, but for adoption in the past, altcoins played a great role.
You are right, bitcoin also needs altcoins to be more popular like they are now. Because if it wasn't as popular as it is now, the price of bitcoin wouldn't be this expensive. Have we forgotten when bitcoin was first launched and at that time there were no altcoins, the price of bitcoin was very low
9
« on: Today at 02:02:54 PM »
When something is addressed as the king, they stay at the top spot, while others stay below. The king leads, while others follow.
Coming to the cryptospace, what stays at the top? Is it Bitcoin or Ethereum? Your answer should be bitcoin. What controls the crypto market, that when it increases or decreases other coins are affected? Bitcoin.
However, the mentioned facts can easily make you understand that Bitcoin earns respect as the king of crypto, and ethereum earns herself as the queen of crypto because she occupies the second spot in the crypto ranking, not the first spot as bitcoin
I agree with you. Bitcoin is the king and ethereum is the queen of crypto currencies. Bitcoin will always influence the performance of other altcoins, this is a reality. because the king is always in front of and followed by his followers
10
« on: Today at 02:00:14 PM »
People are just making unrealistic prediction about altcoins. Ethereum has not even hit $5k and people are predicting $100k. Even $10k is not anytime soon but years to come. Before Ethereum will hit 10k dollar, it will reach 15 years to come. Even bitcoin too is not possible in this year to hit $100k because the movement is very slow and it is not rising like before again. But we are still hoping to see it reach that price.
Before predicting any coin about its all-time high, we should first of all, get to know her last ATH before predicting a new ATH for said coin.
However, Ethereum's last ATH was $4860, predicting that Ethereum to reach $10k is not so bad that it can't happen in the bull run, since the $10k is not as far as thought from the last ATH.
The time i will be thinking that the 10k price tag would be impossible to reach, assuming the last ATH was below $2k but since it is above, I anticipate for $10k to be possible in the bull run, assuming bitcoin reaches $100k
Many predict ethereum will reach an ATH price of $10K, but to me that seems unlikely to happen. If I predict the ATH of ethereum this season will reach $6K, if the ethereum ETF is approved by the SEC it is possible that the price of ethereum could reach $10K.
11
« on: Today at 01:56:33 PM »
Exactly Ethereum is just following bitcoin and when bitcoin hit $73k in this year, Ethereum was not rising and it was just like that in the rate of $3k. Though Ethereum also have the potential nature but as it is stable in one place is making people to avoid it. Those coins you mentioned are also good to invest in this period. And my prediction for Ethereum before this year will end is $4k.
No doubt, Ethereum always following the bitcoin price and currently bitcoin get correction price of ethereum get little decreasing, when bitcoin success raising the new higher price has moment with ethereum break out almost $4k and since bitcoin dropping down under $60k price of ethereum keep decreasing too.
I think ethereum has chance break out above $4k depend bitcoin price, but if market not support yet and bitcoin keep decreasing I don't sure with ethereum price potential will raise to $4k in this year.
Ethereum always follows bitcoin, that's true. That's why these two coins are very safe to hold long term. but if we want to make bigger profits we can buy other altcoins, such as Solana, BNB and maybe LINK.
12
« on: Today at 01:54:30 PM »
It's true, usually those who understand the market will have a mindset like that, but it seems like the price correction that is occurring is not too deep so that the increase in Bitcoin prices may be delayed again. As long as Bitcoin still has interest, it will still be able to increase the price little by little and this will also have a good impact on the price of Dogecoin.
Bitcoin and Dogecoin do have very different interests. Many people prefer Bitcoin to Dogecoin, even though Dogecoin still has a fairly high price, which means Dogecoin still has fans.
If you have sufficient funds, obviously everyone wants to choose Bitcoin over other altcoins, including Doge of course., But everyone has limited funds, so you have to be smart in managing everything well, so you can produce what you want.
Apart from Doge, there are still altcoins that also have potential, and it is possible that people are still interested in these altcoins, if they are interested in Doge, because the price is cheap, and it is possible that in the bullish season it can produce well.
So Doge will be targeted because now this situation will happen soon.
Doge is also a potential meme coin which is good to hold, even though many doubt it, but I have bought doge and will hold it until next year, because I read many predictions that a bullish season will occur next year.
13
« on: Today at 01:50:20 PM »
Everyone has their own decisions and the knowledge they have will give them the right way to make decisions. If you believe that the once every 4 year cycle is bullish, then how come before the halving occurs, Bitcoin has reached a new ATH? Will this violate the bullish rule which can only be done once every 4 years? Do you feel that next year there will be no bad news that can bring down the price of bitcoin? I think bitcoin price movements cannot be predicted like that.
That's a cryptocurrency whose price movements are not easy to predict, even though we have tried our best to understand market conditions, we know that no one can predict coin price movements accurately.
No one can accurately determine what will happen to crypto, because its movements are heavily influenced by all kinds of information and trading that occurs.
But the analyst can see from the habits that have been made and have been made and will usually repeat them again.
From there, it can be determined when there will be corrections and whether there will be improvements, although, of course, it cannot be accurate.
At least there is an estimate that can be made to anticipate everything.
When discussing the accuracy of predictions, it seems that no one can predict accurately about the market if we predict for the short term. but if we hold for the long term, we can see crypto habits over a 4 year cycle. This is safer to do than short-term trading
14
« on: May 10, 2024, 06:08:06 PM »
It's true, currently there are still many ways for those who have restrictions to enter the market, they can use VPN and so on. The most important thing is that the market never closes the accounts we have. because we can still access it from anywhere using the network we want.
Agree with what you say, using a VPN is an alternative if we cannot access the exchange site, because the most important thing is, as you say, we must still be able to access the exchange site with the account we have.
Maybe this still happens in several countries that do not yet allow their citizens to invest in crypto. The advice that many people have done is to use a VPN. This really helps us to be able to make transactions on exchanges that block our country.
15
« on: May 10, 2024, 06:06:28 PM »
It's true, all investments, big or small, will always have risks that we have to face, but if you realize that when you dare to face high risks, there is a possibility that we will get quite a lot of results, for example when we trade or invest in meme coins.
The trader brave with risk has chance to earn much profitable in the future but if scare when investing seems difficult to get profitable. Its not matter with big or small capital use for investing but how to face brave or not getting risk when investing assets in cryptocurrency or other investment way.
Usually some one already with risk not get problem for investing in bitcoin indeed current price of bitcoin drop. But difficult to make some one realize and want taking risk for investing assets in bitcoin or real business behind scare or avoid with loss in the future.
It's true, when market conditions are entering a bearish season like this, all cryptocurrencies will have very high risks, we must maintain patience to wait until the price decline stops and enter when prices are still cheap. We have to face the risks well in order to make a profit according to our wishes.
When it's bearish, we have to wait patiently, because we will see many people panic with their money because prices are falling. but stay calm, because the bullish top will occur at the end of this year and maybe Q1 next year 2025
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