Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Messages - UNIVERSE

Pages: [1] 2 3 ... 119

Binance Coin (BNB) / Re: Binance Coin in a Downward Correction, Fighting Resistance at $310

« on: Today at 11:19:44 AM »

Quote from: Google+ on May 05, 2024, 08:51:10 AM

Unfortunately market conditions are not good, many coins have seen their prices fall again, from this we know that a bull run is not easy to do. There must be strong support from several media that can provide good news about Bitcoin so that many people come in and provide support for Bitcoin again.

After Bitcoin price dropped to $56k, the prices of altcoins also follow it. Binance coin price also dropped quite a lot, but it still can survive above $500. Yesterday, BNB price crossed again $600 but now it drops again to $593. I think it is normal, BNB price must have the time for a correction. If we look at the price change of BNB coin, it looks quite faster. I don't doubt that BNB price can skyrocket again if BTC price can be above $70k again.

Cryptocurrency Price Speculations / Re: Will bitcoin all time high record break in 2024

« on: Today at 11:09:56 AM »

Quote from: pacar_tiri on May 09, 2024, 09:21:24 AM

That's right, Bitcoin still has the opportunity to become very expensive due to the influence of very high demand and very limited supply of bitcoin, so it is very possible that bitcoin can increase in price more than you expect if there is good news that can trigger whales to come in and buy more bitcoin.

Do you think the current price isn't very expensive?
What price that can be categorized as a very expensive price?
In my opinion, Bitcoin price is already quite expensive now. It even reached $73k that is for the first time for Bitcoin. Sure, as long as there is an increase on Bitcoin demand, it will raise gradually. However, it should depend on the cycle, Bitcoin price will increase according to the 4 years cycle. Now, it is the time for bullish season, that's why the price is raising quickly. After 2025, the price probably will decrease again constantly. We will begin the new season for bearish anymore.

Cryptocurrency Price Speculations / Re: Bitcoin post-halving price consolidation could last 2 months

« on: Today at 09:30:20 AM »

Quote from: philipma1957 on May 09, 2024, 10:22:01 PM

Or we could jump up to 111k by June 1.
Don't lock into short term. move to 2025 and beyond

There is no way to reach $111k in the next month (June 1, 2024).
The current Bitcoin price is $62k, we are too far from $111k. If it can reach $70k, I can believe it. But to reach $111k, it is quite impossible. Even, I'm not really confident that the price may cross $100k at the end of this year.

Quote from: Igebotz on May 09, 2024, 10:49:50 PM

I've never been so convinced of $100k in the next cycle but after looking at this price chart I think $100k is minimum,.I think we're heading to $200k. I don't see anything stopping it.

It is just a price chart, it doesn't guarantee anything. How you are so confident that we are heading $200k in 2025? Before halving, I'm quite confident we may cross $100k soon and the ATH may be above $150k. But after the price drops below $60k, I becomes not really confident anymore. I just think that the price may cross $100k in the next year if we are lucky enough.

Cryptocurrency Price Speculations / Re: BITCOIN HALVING PRICE HISTORY FIRST TO LAST.

« on: Today at 09:00:53 AM »

Quote from: kulkhan on April 20, 2024, 06:18:55 AM

History below :
2012= Bitcoin price $12 at halving, After one year bitcoin price were $964.
2016=Bitcoin price $663 at halving, After one year bitcoin price were $2550.
2020= Bitcoin price $8740 at halving, After one year bitcoin price were $55801.

According to the history of 3 previous halvings, Bitcoin price must increase significantly 1 year after the halving happened. This just makes us to be more confident about the potential of Bitcoin price in the future. We just need to wait for 1 year to see the price change significantly. But the problem is, there must be too many FUDs before we reach the significant increase of Bicoin price. If we are not patient and we don't have a strong trust on Bitcoin price, we may panic and sell the Bitcoin before we reach 1 year after the halving. So, it is about how to be patient!

Quote from: kulkhan on April 20, 2024, 06:18:55 AM

2024= Now bitcoin price is $63300 at halving after one year bitcoin price...........?

I think the price probably crosses $100k in the next year. 1 year after the halving will be in Q2 of 2025. So, we must be patient to wait for Q2 2025, it is the time of the price may increase significantly. I also assume that the next ATH will be in Q2-Q3 of 2025. But it is just my own prediction, mate.

Cryptocurrency Price Speculations / Re: Who is HODLing?

« on: Today at 08:46:19 AM »

Quote from: MRY on May 06, 2024, 12:53:19 PM

It is true that whales have an important role in the movement of bitcoin prices, but not all whales have very large amounts of bitcoin assets, sometimes they only have a portion of bitcoins, but for those who have an unlimited amount of money then they can have very large amounts of bitcoins a lot.

Sometimes, we can't avoid it. Whales cause the pump and dump of Bitcoin price in the market. If there are no whales, we can see the fast pump or dump in the market. Their actions sometimes make us to get some advantages. We can buy crypto coins at the cheap prices, we also can sell the coins at very high prices.

I agree that if we have large funds, we can buy Bitcoin as many as possible. Investing in Bitcoin is very recommended, it is the most secure coin for the long term holding. But if we want to invest in altcoins, it is no problem as long as we know to choose the right altcoins.

Cryptocurrency Trading / Re: Just HODL

« on: Today at 08:28:38 AM »

Quote from: TopT3ns on May 09, 2024, 06:53:32 PM

That's right, this is the influence of us being forced to reach a new ATH before the halving occurs, I have realized that this is the influence of whales who gradually sell their bitcoins every minute automatically (I've seen wallets that do that). I'm guessing what whales are doing right now is luring amateur traders to come out and sell their bitcoin at low prices because they are panicking when they see the price of bitcoin falling very sharply.

The new ATH before the halving makes the pattern of the current bullrun is a little bit changed. Not sure whether it is caused by the whales or natural pump, but it make the price looks faster to move. If the previous bullrun season the price changed significant after few months, it looks to change earlier now. I hope people won't be panic for selling if they see the price drops fast or raise in a short time. The real ATH of this bullrun season looks to happen in the next year. The current fall of Bitcoin price isn't the sign of the end of Bitcoin bullish.

Cryptocurrency Trading / Re: Are you using a Demo account to practice trading?

« on: Today at 08:19:11 AM »

Quote from: Vx1 on Today at 07:52:33 AM

We can use a demo account to learn about trading, but in my opinion, if we have capital, we should just deposit directly with a real account. Because with real money and a real account we will be more serious in learning to trade than using a demo account.

Of course, demo account is used for learning the basic things about trading. It is very necessary for newbies or beginners, it will give the description about how people trade commonly. However, to get real experience, surely we need to deposit funds and begin to use real accounts. But make sure we already knows all the basic things firstly through the demo trading. Even I didn't use it but I know it is very needed once we are in the beginning phase of trading.

Cryptocurrency Trading / Re: Do professional traders lose money?

« on: May 09, 2024, 11:34:29 PM »

Quote from: legend45 on May 09, 2024, 11:21:31 PM

You are right that experience and knowledge in trading are very expensive, because it takes a long time to get it all. including past defeats which make a professional trader more careful in trading.

To get good knowledge and experience must take a long time. Sure, it is not easy to get them, we must spend a lot of efforts. The professional traders must already do it, they have tried with their hard work. They won't be professional traders if they never did hard work, it is impossible. We must do the same if we want to be professional traders.

Cryptocurrency Trading / Re: Hold and trade which is best for you?

« on: May 09, 2024, 11:24:55 PM »

Quote from: dekafee79 on May 09, 2024, 11:15:45 PM

In investing we only buy when it is bearish and hold, while in trading we must always monitor the market. In contrast to long-term holding, we only wait for the bullish season. both btcu experience and knowledge. in trading and holding. but trading requires the ability to predict short terms

It is very recommended to buy in the bearish season because the prices of most crypto coins must be in the low rates. It is different when we buy in the beginning of bullrun season, they prices must already increased much. So, the profits won't be as significant as the coins we bought during the bearish season. We even don't need to wait for ATH to take profits if we bought the coins in ATL during the bearish season. Just imagine if we bought BTC when it was below $20k, we already get much profits when we sold at the current ATH $73k.

Ethereum Forum / Re: Gas fee on ethereum

« on: May 09, 2024, 11:17:04 PM »

Quote from: TopT3ns on May 09, 2024, 06:42:15 PM

That's right, by using the Solana network or using the BSC network, we can carry out token trading transactions at lower costs than Ethereum. We just need to wait for Ethereum to get out of its comfort zone and start improving itself so that it still has fans.

If the transfer fees of Ethereum network is expensive, we have some alternatives. Tron, Solana, BSC are 3 networks with cheap transfer fees. I often used these networks if I want to send my coins. For the coins on Binance exchange, I always use BSC network if I want to send my coins to local exchange. I see it is 0 fees when I send my USDT in Binance account to Tokocrypto wallet. This is very helpful because these exchanges have the same cloud.

Ethereum Forum / Re: ETH predictions of next week.

« on: May 09, 2024, 11:08:57 PM »

Quote from: IvugeoEvolutionCoin on May 09, 2024, 09:50:53 AM

For Ethereum to reach a price of $100k it won't be possible, but for Bitcoin to reach a price of $100k there is still a possibility that it will happen, we just don't know when for sure. Because currently bitcoin will be increasingly difficult to obtain while the demand for bitcoin is increasing, this will have an important influence on bitcoin price movements.

It is strange that people predicted Ethereum to reach $100k. The current price of Ethereum is only around $3k, it doesn't make sense to expect it to be $100k. However if it is Bitcoin, I also agree that it is very likely to reach $100k. The current ATH is around $73k, it is not very far from $100k. The adoption and the demand of Bitcoin are increasing, it also becomes more popular. As long as the price can keep growing, it is not very difficult to achieve $100k.

Bitcoin Forum / Re: Is Bitcoin Too Expensive For Me?

« on: May 08, 2024, 11:44:22 PM »

Quote from: yohananaomi on May 07, 2024, 06:36:23 AM

Careful planning is required to make purchases using any scheme, including the very popular DCA. If the situation is not good, hold off first so that when it can be done, then carry out execution, everything can be done with careful consideration because the scheme is already good. Just need to adapt to it. The situation at that time.
I agree, there is no need to rush to carry out this scheme because the aim is to do it gradually and adapt it to the situation. It must be remembered that the time is also quite long to reach its peak.

Of course, we must be careful to make a plan. Yes, DCA is a good idea but it is no a must. I also invest in crypto but I don't always use DCA because sometimes I prefer another way. Sure, we must have many considerations before we buy crypto coins, including Bitcoin. We must know whether we choose the right time to buy. And we must plan a target first before we buy certain coins.

Not sure how long to reach the peak. But it is probably in 2025 if it is according to the previous season of bullrun.

Bitcoin Forum / Re: Invest & Hodl Bitcoin!!

« on: May 08, 2024, 11:26:33 PM »

Quote from: JISAN on May 08, 2024, 07:02:12 PM

You are very lucky that you didn't miss this opportunity when you had the money to invest and you took the risk with it. If you don't take risk, you can't gain. But the time when you invested was a volatile market so investing at that time was high risk.

There is no investment that has no risk. If we don't want to take the risk, we will never join investment. In crypto investment, the volatility is the challenge, we must deal with the volatility. People who knows crypto well, must think volatility is the advantage, not the bad side of crypto. It is because volatility makes crypto to increase high. Just imagine if there is no high volatility, so there will be no pump in crypto price.

Cryptocurrency discussions / Re: This bull market will likely be the last one, don't you fail!

« on: May 08, 2024, 11:19:22 PM »

Quote from: doc on May 08, 2024, 03:54:02 PM

There is still time for us to learn and invest in crypto, if the last halving will occur in 2040. I personally don't think about the last halving but am more focused on the halving this time and are bullish next year, according to many people's predictions,

Agree. We have enough time to learn crypto until the final halving in 2040. As long as there is a halving, people mustn't be worried about bullrun season, the halving triggers to increase of crypto prices. I think we don't think too much about the last bullrun or last halving, we are better to think about the current bullrun. We still have 1 year for the bullrun season at least, it should last until 2025 if it still happens the same as the previous bullrun season.

Cryptocurrency discussions / Re: Cryptocurrency good or bad for loan?

« on: May 08, 2024, 11:08:12 PM »

Quote from: Mate2237 on May 08, 2024, 09:26:00 PM

It is a business so if anyone is interested then there is no need to worry if the person knows how to collect his money back then it is good to give out loan and let the borrow also pay back their loans on time. Taking loan from cryptocurrency is good but what are you taking the loan for? If you are not doing anything then I will not advise you to take the loan because cryptocurrency is volatile in nature.

Actually it is a personal choice to take a loan or not. However, crypto value is very volatile, it can change drastically at any time. If we don't really understand the characteristics of crypto coins, it will be very risky to take a loan with crypto coins. Even someone wants to have an intention to take a loan with crypto, he is better to understand well how crypto price fluctuates. But make sure to take a loan if it is very needed only, it is always not recommended to take a loan if it is not necessary.