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Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!

If you will base on the history of the price movement of Bitcoin, there's really a chance that we might see a new ATH and a possible $100,000 price per Bitcoin next year. Many are waiting for it as well.

Many including me are waiting for their selling targets to get hit and when that time comes, I will immediately sell my Bitcoins and will take profit from it. Anyway, I just hope that all of us here have their own strategies on how they will sell their Bitcoins. I also hope that nobody here will get FOMOed just because they don't want to be left by the train. Now that Bitcoin's price is still low, follow what OP said. Accumulate more Bitcoin and chill.

Quote from: Gladitorcomeback on May 03, 2024, 05:14:29 AM

Quote from: R100K-Martin-Lunger on May 02, 2024, 07:45:12 PM

I agree 100%. I also think only investing in bitcoin or investing in one of the altcoins is not a smart strategy at all. You need to keep a holistic view and invest in btc and altcoins that show promise. You cannot be dismissive toward alts. A diverse portfolio is key for maximum gains in the short and long run.

Undoubtedly, diversification is the best way to go because we always hear people say that we shouldn't put all our eggs in one basket, and if we ignore that saying, it means we are being deliberately ignorant which isn't a good thing, I believe.

So even though we know that Bitcoin is the best cryptocurrency in the market and that it is the most trusted one when it comes to making investments, that doesn't mean we don't have any worthy altcoins in the market to add to our portfolios.

We should do enough research and find out the best altcoins in the market and then make investments in them alongside Bitcoin to have higher potentials for profit when the market starts going up.

Bitcoin is the safest coin for investment, if we buy when it is bearish we can be sure we will make a profit now and we will get a bigger profit during the bullish season. And diversifying your investment is the right step, because we can increase the opportunity to gain profits on several potential coins

Currently and in the future, I really believe that what you say is true, Bitcoin is the safest investment with the smallest risk of all. So that when there is a correction, of course, we immediately buy and hold until the growing season. I agree that with more types of things we can do, it is certainly very reliable, so don't hesitate to also use potential altcoins as a handle too, because bitcoin and altcoins need each other and can move together.

Re: Will Ethereum hit $5000 this year?

$5,000 this year? Probably not.
$5,000 on the whole duration of the bull market? That's more likely.

TBH, $5,000 is a very conservative prediction knowing that the price of Ethereum is at $3,000 currently, and the bull run hasn't even started yet. It might happen in the next few months, but one thing's for sure. Ethereum will reach $5,000 possibly this year or not, but in the whole bull run season, it will reach that price.

Of course, I might be wrong because that's just my prediction. Like what others are saying here, nobody can predict the market that's why many prefer to just do DCA.

I'm going with the Orlando Magic -3.5 against the Cavs. The game will be at their homecourt, so I think they will have the advantage. This series though is very close and we thought that the Magic is done when they got themselves as 0-2 hole.

But now they have comeback, and they almost steal one from the Cavs homecourt the last game.

Game is about to start in less than 10 minutes, and I might sit and watch this game and cheer for the Magic not just to win but to cover this spread. For the Clippers vs Mavs, hard to predict so I will skip that one although I wanted for the Mavs to move on the second round and face OKC.

I put Magic at -5.5 before the game, and because of Carter's free throws, I won on that bet.
I'm betting again after months of not gambling. Just for this playoff I guess.

Anyway, the Magic won and forced a Game 7 103-96. Mitchell made a record even though they lost as he holds the highest number of points in a series-clincher game with 50 points. He also scored all 18 points of the Cleveland's points in the 4th quarter which is what I don't want about them. They're focusing on one player the whole quarter. It's a 1 Vs. all match on 4th quarter already. I mean they still have 4 players that can shoot especially Garland. Why give it all on Mitchell? Anyway, they lost, and they need to defend their home to clinch into the Semis and will face the Celtics.

We know already that in this series, whoever has the homecourt wins the game. Will this streak continue, or the Magic will break it and upset the Cavaliers on their home?