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Messages - doc
1
« on: April 27, 2024, 02:28:51 PM »
If we don't have much time in crypto, we should be a holder, because we only buy when it's bearish and hold until the next bull run. I also don't have much time in the crypto world because I'm busy in the real world, so I only trade on weekends when I have free time.
Not many people can afford to have a lot of time to always be at the exchange, so we have to be able to manage our time to always trade well. Becoming a holder of several potential coins is the right step.
You're both right, I totally agree that becoming a potential coin holder is the right move if we don't have time to trade. Trading requires free time and of course we have to focus on making market analysis and making price predictions that will happen. This is very difficult to do if we are busy in the real world
2
« on: April 27, 2024, 02:24:48 PM »
I do believe that we are going to be in green for the longest time, its not going to get to become a red for a long time. Not saying that we are never going to see red, it is actually going to be something that will be temporary and not going to get any different because green will be the end result. This should be something that could actually change it. I personally believe that we are going to end up with seeing greater and greater results with coming months in the future, we just need to hold it as long as possible.
The halving was really red as the Op stated it clearly in the topic. And even the mempool was brutally red. But the green has been there before the halving and still on the green till now. And now that the halving is over, everyone is expecting the ATH. And the predicted price of bitcoin in the season is $100k to $150k, but we seen the All Time High. We are all waiting for the greater result that is coming.
That's right, before the halving occurred, many coins had increased in price and bitcoin had also touched a new ATH, so after the halving it looks like we will enter a bearish season where the price of bitcoin will fall slowly. To increase the price to $100k is very difficult and unlikely to happen this year.
Anything can happen in the crypto space, even though we see that the current bitcoin market seems to be struggling, we don't know what will happen in the next 2 or 3 months. If there is good news about bitcoin, I think bitcoin will soar and touch the previous ATH again. so be patient and wait for what will happen in Q4 this year
3
« on: April 27, 2024, 02:21:45 PM »
The Binance team will always have a strategy to keep its coins from dropping too deeply. This is a complete team, as is the project. Binance has an exchange and also a Binance smart chain network. Binance exchange always has a launchpad event that uses BNB coins. This is a good team strategy, worthy of appreciation
The strategy used for Binance is too often to do the same thing, usually they will burn the total supply owned by BNB and provide a launchpad on the Binance platform, they should provide a new strategy that can have more impact on BNB so that the price increases faster .
Everything needs a process, friends, so Binance must always think about this. If they want the price of BNB to be high they can burn their BNB supply, but will it last long because altcoins will always follow bitcoin. So the policy implemented is correct by holding a launchpad event so that the BNB coin can remain stable and not decline sharply
4
« on: April 27, 2024, 02:19:29 PM »
If you have free money to hold long term and wait for your target to be achieved, it could be said to be not important. but as a small investor who has limited funds to wait until a target that is too high is achieved, that is a difficult thing to do
That's right, we have to pay attention to small things in cryptocurrency price movements so as not to make the wrong decision. Due to limited funds, we have to be careful when we want to get into cryptocurrency. Always pay attention to price movements so that we can determine the desired profit.
That's why we have to do research and make an analysis before investing, so that with limited funds we can make a profit and not lose due to wrong investment. Caution and experience are the main capital in investing.
5
« on: April 27, 2024, 02:17:22 PM »
but some news is circulating that it is possible that the SEC will approve an Ethereum ETF. even though those are just assumptions and predictions. Let's just see in the next few months, because it could be accepted or maybe the SEC will reject it.
It is still possible that the SEC will approve the ethereum ETF for quite some time because it seems that the ethereum developer has not yet provided the improvements that the SEC is interested in. I am sure that if the SEC has given approval for an Ethereum ETF then the price of ethereum on exchanges will increase.
that's right, if the SEC approves an ethereum ETF, the price of ethereum will rise. but if there is bad news about bitcoin that coincides with the ETF being approved until the price of bitcoin falls, will the price of eheereum rise because the ETF is approved. Anything can happen. And ETFs are only one factor that will have a good effect on ethereum if approved, while bad news is the enemy of price increases themselves
6
« on: April 27, 2024, 02:13:01 PM »
It's because of halving and rewards for the miners are cut in half and that makes more the bitcoins that we're holding scarcer. Before three decimals worth of bitcoin are just ignored, now, they're having that much value and so on with those that owns whole and more bitcoin. Expect those drops are normal and they're needed to happen just as what we are seeing right now, it's not going to be easy to see its price move a lot but then it is imminent to see higher price.
Yes, as you said, with this halving, it will be increasingly difficult to get bitcoin, therefore logically the price of bitcoin should increase very high because the supply of bitcoin is increasingly limited and it is increasingly difficult to get bitcoin while demand is still increasing every day.
It should be like that, when the bitcoin halving bitcoin supply will be limited and demand will increase, the price of bitcoin should rise. but currently we see a red market and many prices have experienced a decline after the bitcoin halving. Is this because of the war news or because of inflation?
7
« on: April 27, 2024, 02:10:21 PM »
But talking about the price of Bitcoin dropping, this season it doesn't seem like the drop will be too deep. because a bearish season is likely to occur at the end of next year.
Solana is one of the potential coins to buy right now, if Bitcoin drops you should also put Solana on your list to buy
When waiting for the bearish season, this is too long because at the end of next year it will take a very long time. I really hope that the SEC cancels the Ethereum ETF and makes the bearish even more accelerated because bad news like that will definitely be used by the whales to make the price collapse.
The question is whether you sold your coins when Bitcoin reached the ATH of $73K, so you really hope that the wild season will happen soon. because many friends are still holding their coins, waiting for the bullish season and hoping to make a profit
8
« on: April 27, 2024, 02:08:07 PM »
~
It's clear Bitcoin Miners are at present earning 6.25 BTC from new block they create and that reward will be reduced to 3.125 BTC from my readings. So how does making BTC scarcer benefit crypto traders generally?
How is everyone else preparing for the halving? Please share.
I don't know, but I don't see anything significant benefit of the halving towards the crypto traders.
What they care more is their profits in every position they make. They don't care about the halving event... or they might be, but they are focusing more on the trading and the profits that they can make.
When the halving event, I didn't prepare for anything. Heck, I was sleeping when the Bitcoin halving event happens. It's because I already saw it happen once in 2020, and nothing different happened at that time, and I expected the same this time. If you're a miner then you will feel the decrease in profit for sure, but for an average investor like me, I didn't feel it because I'm focusing more on accumulating Bitcoins.
I'm not saying that we should not care about the halving, but the effect of the event will not be felt until a few months after through the price of Bitcoin gradually increasing.
For a trader like you who has experienced Bitcoin halving events several times, this doesn't have much of an impact. because your target is to make a profit in every business you do. but for investors who hold for the long term, bitcoin halving is an important thing because they hope that after the halving they will see the top ATH of bitcoin.
9
« on: April 27, 2024, 02:05:15 PM »
People who were engaged in mining in mid-2018 began to sell their miners and simply buy Bitcoin and other cryptocurrencies, and as a result, everyone who did this became very rich, now it is better to buy and store Bitcoin rather than engage in mining.
Those who bought Bitcoin in 2018, and in 2022, are now the owners of massive amounts of money, as Bitcoin hit rock bottom. Just one to two years since then, Bitcoin has seen its highest swings, with the price of Bitcoin touching $15.5k during the bear market of 2022. And this time was the perfect time to collect the maximum Bitcoin, now recovery is at this time of 2024. When investing in Bitcoin for the long term, it is best to buy it at any time, as the price of Bitcoin is always on the upswing, so there is a high probability that its price will increase.
The ones I’m talking about bought Bitcoin throughout the year from 18 to 19, and they bought a lot of it in 19 at the very beginning when it reached 5000-6000. Those who bought Bitcoin on that day already made a really big profit and they didn’t even now they want to think about mining)) now they don’t want to think about anything, everything is fine with them.
investing in bitcoin the winners are those who buy early and hold for the long term until bitcoin is as expensive as it is today. The stories you mentioned are people who have made huge profits from Bitcoin, maybe now they are enjoying it with a cup of tea and a long holiday enjoying their life. They won't think about mining, because they already earn a lot
10
« on: April 27, 2024, 02:02:08 PM »
Yes, it’s absolutely true that lately, probably, everything lends itself to this if we take a period of time two or three years ago, then before the project was looked at only because of its capabilities and application, now few people pay attention to this, or rather, it should not be said, since we previously investigated forums and don’t look at how good the blockchain is and look at who supports the project.
Yes, and even now projects with utilities are not important enough and will simply stop in the end.
Now memecoin projects without utility and just for fun alone are able to reach Marketcap of millions to billions quite easily.
How crazy the current crypto trend is compared to a few years ago.
I can even make profits fairly easily, but also lose quite easily.
We must keep up with these latest trends and must be able to adapt.
The conclusion from this can be drawn that all those projects that are coming out now and those that are on hype are worth paying attention to and perhaps even investing in them, but you need to be a really understanding person in what you are doing and not be led by PR advertising, but just watch how they do it and draw conclusions from it.
To see new projects that are currently being hyped, we have to do research and really understand the opportunities of the project. Not only influenced by influencers. because many hype projects end up failing. Always be careful before investing. I think that's because of my bitter past experiences
11
« on: April 26, 2024, 11:48:17 PM »
I don't think that is a good idea, maybe because i do not trust altcoins and so i do not recommend them to others. Altcoins are risky investments and i don't see any reason why one should convert some of their BTC's to altcoins, it is possible to completely lose your money when you buy some altcoins, due to their failure, but that is not possible with BTC, except you are hacked.
Exactly, Altcoins do have a very high risk to buy, therefore we must be able to choose altcoins well. Only a few altcoins currently still have a chance to be held and will provide profits in the future. Bitcoin remains the best because it has higher interest than altcoins.
Agree, bitcoin will always be a top priority to buy because it is a safe coin. The risk of altcoins is greater, but if you choose the top 10 coins, I think they are also very potential to hold while we wait for next year's bull season. This is just a prediction and opinion which may also be wrong
I also read many opinions on this forum, bitcoin is a priority coin to hold. they also buy ethereum, BNB and Solana. so I think this coin is a potential coin to hold. Ethereum is the second coin that many people prioritize, next to bitcoin.
12
« on: April 26, 2024, 11:45:49 PM »
Calm down, friend. We just saw a correction from bitcoin yesterday and currently the price of bitcoin is starting to improve and creep up to reach the previous ATH of $73k. I still have confidence in holding altcoin, because I bought it when it was bearish last year, so bought it at a low price.
Bitcoin has improved a bit yesterday after the drop to $60k. It could reach $67k for a moment, but it dropped again to $63k. I think it is difficult to expect for $73k anymore in the near future. We may needs several time for reaching the price above $70k again. It depends on how the news in the next few days. If we have good news, the price of Bitcoin may increase again above $70k.
Almost everyone has the same opinion, they are waiting for good news which will have an impact on the price of Bitcoin increasing. as it looks like bitcoin is struggling to get back to $73K. It is possible that the Bitcoin price will drop below $60K. We'll see in the next few weeks
13
« on: April 26, 2024, 11:43:00 PM »
We, as ethereum holders, want this. The ethereum ETF will soon be approved and the price of ethereum will rise. Talking about this, it will definitely be different from other coin lovers, such as bitcoin lovers, because after all they are both competing for popularity
It looks like the ETF will be launched soon. Currently, many securities in China have started to approve the Ethereum ETF and I really hope that the SEC will quickly make a decision to accept the Ethereum ETF. The SEC's decision determines the next increase in Ethereum prices.
The good news is that many Chinese securities have approved ETF ethereum, hopefully the SEC will soon approve it because this will have an impact on the price of ethereum in the market. and I am also waiting for other altcoin ETFs to be approved in the future like BNB, Solana etc
14
« on: April 26, 2024, 11:38:15 PM »
Hopefully this war will not attract big countries to join the war there, because currently there are two big camps facing each other. If this happens, it is certain that it will affect all aspects of the economy. and of course crypto will bear this risk and experience a dump
This depends on how those who are currently at war are, whether they can control their emotions to suppress all the wars that are taking place or they want to trigger big countries to join this war. However, as you said, hopefully a major war will not occur so that world economic conditions will remain conducive.
No one agrees with war, because in my opinion war is the final step if there is no agreement between both parties. Currently we see that the big countries are each ready, hopefully the war will end soon. As I hope and many people in this world hope
suggested that the war be stopped immediately because it would affect the economy. Everyone would rather love peace than they would have to see war. And I don't think the impact of the halving this time made the price of bitcoin soar, because of the influence of the news of the war.
15
« on: April 26, 2024, 09:44:30 PM »
The security of the ethereum network is guaranteed, because this is the oldest network. BSC and Solana have shown their advantages with cheaper gas fees and better speeds.
We are talking about future opportunities, Solana and Binance smart chain will probably become more popular than ethereum, because currently many have moved to BSC and Solana.
That's right, Ethereum is one of the altcoins that has a smart chain network that is quite old and many platforms that use the Ethereum, BSC and Solana networks have networks with very low costs for creating new smart contracts. But many irresponsible people take advantage of it by creating tokens or projects that end up being scams.
If the network is cheap, of course it will attract fraudsters to create fake projects that are used to seek personal profit by deceiving other people. what we see currently happens a lot on the BSC and Solana networks.
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