Quote from: Captain Corporate on May 22, 2024, 12:47:06 AM

Hitting it again activated some idle traders obviously. We have peaked as high as 73k if I saw that right, and dropped to 70k, meaning that some people waited until it reached over 70k to sell, and they had some sell orders there ready to be triggered. Thats fine, means that we are getting rid of people with weak hands who are going to end up hurting the market if they were staying. This way we are going to just have buyers and sellers will get lesser and lesser. Let them sell whatever they want to sell, in the we are going to be the ones who are going to win, and we will do a lot better with time for sure.

It seems like you have so many assets that you claim that you and several people you refer to as "we" are capable of gobbling up sell orders at the $70k level. I still don't mind if someone sells at that price, even though it slows down the bullish pace, but the bounce point this time seems stronger. A few days ago we saw that Bitcoin was at the $56k level, and now it has returned to the $70k level again, which means this is a moment that is not much different from the price movements during the previous halving.

Our task is actually easy, we just hold until a reasonable target price. If it has reached our dream price, sell it and take the profit.

I think many traders sold at $71k and made profits, I don't think it's bad, for now the price is okay, I don't think it will go down that much, it may stay at $65k - $70k range, it's an acceptable range, It has a good psychological effect, it is suffering a good setback, but I think that this setback is very natural for each market, so there is nothing to be alarmed about, we do not know if this small correction is to gain more strength and break that ATH of $73 k, it would be phenomenal, but let's wait, everything in this life is waiting and being patient, maybe this is what the market is trying to show us.

Quote from: Daiana on May 15, 2024, 01:15:18 PM

Quote from: Uruhara on May 15, 2024, 10:42:54 AM

Quote from: Daiana on May 15, 2024, 05:29:55 AM

I have friends who work in crypto and they support their families on that salary. They work for a DAO and it's not trading or developing code. The legal market is massive now with everything going on with lawsuits and regulations. Maybe some of the work is not guaranteed for a longer period with a regular employment contract but if you believe that crypto is the future and you don't require that kind of stability then I think there are plenty of opportunities

Currently, more and more people are trying to support their families just by trading in the crypto market. In fact, several local crypto projects in my country also recruit skilled young people who have insight and ability in programming and blockchain. And they get a salary in developing the project. And yes, the point is that crypto has really become a part of the lives of many people who know crypto. So it is not surprising that in the future crypto will be difficult to separate from everyday life.

Hopefully, it will not be separated at all. Just how we can't go back to a day where we don't have internet or now help from AI.

Well digitalization is the main focus in all countries today. Literacy related to digitalization, especially about crypto, is the main thing in my country. Oh yes, the CBDC that is being developed by many countries also uses blockchain technology. So it seems like we will increasingly be inseparable from cryptocurrency. Even though there are still many countries that still reject Cryptocurrency or have not yet legalized it, one day they will definitely accept it even with stricter regulations.

Well, it's good that your country accepts cryptocurrencies and you can have total and complete freedom to carry out operations, although I am a person who would like to go further, I would find a country that accepts cryptocurrencies and allows anonymity to those people who want to have it, I would say yes. A country is like this and allows transactions in that way because it tends a lot towards development and is in the process of developing and being at another level, because the government knows and understands that people need to have their financial freedom to achieve your objectives and we all know In crypto you can, take advantage of everything you can from your country for the freedom they are giving you.

Money laundering or terrorist activities have been existed before and still now. No government has been able to stop this type of crime even with fiat currency and it is not possible to do so. But while the crypto space is booming, some governments want to restrict the use of crypto due to this issue. However, if we consider the positive and negative sites of crypto use and discuss its positive aspects, then cryptocurrency will definitely gain acceptance in all areas. Although some countries support Bitcoin, most countries still view crypto negatively. But despite their continued negative outlook, they could not hold crypto. Despite all this, crypto has held its position.

It is very true, we must see things from the correct point of view, crimes are always carried out with any type of tool, now since they have crypto they say that the fault of all crimes is because of crypto, no, that is a way to intimidate people who have crypto, it's like KYC, they tried to sell it to people thinking that was the best thing they could do, anything to avoid fraud, and yet with everything and KYC there are still scams, and not even Talking about what they can do with fiat money, that is already over, so it is something for which there is no longer any excuse.

Quote from: legend45 on May 18, 2024, 11:16:38 PM

Quote from: 0t3p0t on May 18, 2024, 10:57:23 PM

Quote from: DAMKAR on May 18, 2024, 10:08:28 PM

Quote from: Jamal Aezaz on May 18, 2024, 07:34:08 PM

Quote from: enwi on May 12, 2024, 07:54:57 AM

When the market price correction occurs, I prefer to buy more bitcoin, but for this correction I prefer to wait until the price falls further, because the bitcoin price movement pattern after the increase some time ago has collapsed again and there is it is possible that the decline in bitcoin prices will be deeper.

The best time to buy Bitcoin was when it was reduced to 57k$ but now it is again higher like that of 66k$ therefore try to wait for the best time to buy more Bitcoin if you have already bought some at a lower price.

Price prediction is very hard to make but people are working and collecting their coins when they see the market to be lower in cost and that time suited well for accumulation. Now investors should keep calm if the price goes higher then they will be in profit and if the price goes down then they will have the chance to purchase some more.

Yes, currently the price of bitcoin is rising again and we see the price of bitcoin has returned to $66K, it's best to do a short term, if you have time to trade. if you wait for the price of bitcoin to fall to $57K, it looks like it will need some more corrections. but anything can happen in the crypto space. let's see.

Weekly chart of Bitcoin performs very well this week as it is bullish but yeah anything can really happen along it's path to the next coming weeks and months so that will be exciting to dig into. As you said short term is more profitable this time though some other investors still has their DCA method for a much safer and less stress investment.

I also agree with you, currently the short term is more profitable because it seems the market is unpredictable and it seems that the last few weeks have been very volatile. I don't use DCA anymore because I focus more on trading and short term investing

Trading using the DCA method in my opinion is very suitable for Bitcoin. Meanwhile, if you want to do daily trading then you can pay attention to altcoins which have very fast price movements. Maybe you can pay attention to newly created tokens on the Solana network, you can buy newly created tokens in 1 second. That way you can make daily profits quite quickly.

That is a very good strategy, the truth is I don't operate with altcoins but it intrigues me, and since I have no experience it scares me, the DCA method to buy Bitcoin seems phenomenal to me, and in each Dip if you buy, buy better, because now there is so much uncertainty, It is said that this rise in the price of Bitcoin is due to the effects of the ETF, others say that it is due to the Halving effect, I honestly would not do it. I know it would be incredible, but it is good because it is known that these types of things are the Whatever they are, they have made the price very good and made people's emotions rise.

For now the price seems good to me , at $70k it is a relatively very good price , of Course it is giving a small correction, it is natural that it does so because it may be because they are testing the offer at that price level and there is enough change for take That's another Boost , I like the Analysis you do and especially the bullish territory part , I hope it happens, of course you talk about the price that is supposed to be above $69k and that is Something very spectacular. I think that many people will always go for the bullish movement and want to stop, it is something Natural , However when we look at everything more clearly we can realize that it can happen and that it is a matter of a Short time before it surpasses that ATH of $73K , these days are getting very Exciting.

Bitcoin has made us to understand the need for financial freedom and currently we are all enjoying the benefits even without us having to visit bank for any transaction. We understand that for long when bitcoin weren't launched we didn't see this coming and bank has indirectly making profit from people funds in their custody while returning peanuts to owners.

That's one of the most beneficial things about bitcoin, personally I feel very good when I use bitcoin and make any type of transaction with another person knowing that I'm paying for something, whether for purchases or similar, and that does not have the hand of a bank, or that it is approved by a fiat money system, this is very accommodating, I hope that as time goes by these types of payments will improve and make a difference, that more perosans adapt and like bitcoin more than using any other means of payment, this is little by little that all these areas will be taken over.

Well yeah I would say I am willing to take then risk if I personally don't need that free extra money because if not then that's a suicide as I think it seems it is more like we're using loan money to gamble. But if it was me personally I would not do the same thing OP was doing because I know myself that I cannot repay that tuition money in the long run and that might only gave me stress if I was on his shoes.

We sometimes blame ourselves for the same problems, sometimes there is something we should not do, or take such big risks because it is very likely that it will turn out badly for us, so in this type of things we have to deal with the game and with money that is already completely committed we should not invent, because if there is no ability to pay, or our being able to make that money quickly is not good, that is why the ceutions with casinos, with sports betting and when it comes to large amounts of money we have to You have to do everything possible to make things go as smoothly as possible without risk, because stress like that is difficult to bear.

Gambling started in online casinos and never went to physical casinos because there are none here, but I have no value to add to life because gambling is just for fun with small money that is used not to exceed the limit because I always set a bankroll.

Big wins have always been experienced, but not too big because of the small bets made, any more than that I always withdraw it and use it for other purposes.

That's what this is about, that if you win you can use it so that you can bring happiness to your life or win and use that money for the things you want to use it for, that is something that we will always see is only the best, for Therefore, when I say that you can do a lot with casino games, I mean this, and that is where my strategy comes in, to bet little, win little and accumulate until you can withdraw and take those profits to do something big, that's all, there's not much to do but that, if everyone did that, I think they would see cainso as it should really be seen.