People with limited funds should think carefully about investing in BTC. Don't just want to chase big profits so they don't prioritize their more important financial needs. Keep saving your coins. But don't make this a big hope. in your life. Make it an investment without neglecting your life's needs

The necessities of life are the main thing, and we must prioritize them. Invest with free funds, so it will not interfere with finances to meet our living needs. The crypto market is very volatile and difficult to predict.
No one can control the price of bitcoin, although some whales can manipulate it but it is only temporary because the price of bitcoin will return to the role of the market that regulates it.

For me, I chose to vote for number 3 "I will not sell anything more than what I need". Although I hope this scenario does not happen.

I am a fan of Bitcoin and believe in its future a lot, but I am a realistic person, I do not have much to wait for the next cycle in 2028 because I need to spend on my personal expenses and family expenses, so I am forced to sell some of what I own when needed.

We should focus on this investment to face the bullish season next year, I also haven't thought about the 2028 cycle because it's still a long way off. Thinking realistically in investing is very true because we don't need to think too far, we should take as much profit as possible now.

We know that Bitcoin is the best valuable crypto in cryptocurrency world. We also know that bitcoin price is also better than others crypto. But sometimes we saw that bitcoin price is down. We also believe that many investors waiting for a big bull run in cryptocurrency market. So i think that will bitcoin create a new ATH in crypto market, than i expect bitcoin will be achieve a big bull run. But if doesn’t happen in bull run, i believe that many investors will be give up hope from bitcoin. I also think that within one or two year bitcoin will hit $100k.

It is possible that next year the price of Bitcoin will rise to $100K, that is my belief at the moment because I see that the current movement of Bitcoin has improved and it is possible that early next year the price of Bitcoin will be above $80K.

Quote from: dekafee79 on September 18, 2024, 11:28:35 PM

We must always be calm in facing the unpredictable crypto market movements, because for those who have long invested in crypto and have long experience they will remain calm seeing the price movements of bitcoin and altcoin, because sometimes there is a sharp decline if we are patient the market will come back. so there is no need to panic about this.

Just barely 24 hours ago frkm yesterday, those people that hold Bitcoin has profited as a result of Fed interest cut yesterday that hasn't happened in 4 years and Bitcoin pump. Not just that, Trump was seeing today making payment in Bitcoin, this may looks apolitical but the action made Bitcoin to pump and now above $63k support.

There is nothing harm in been patience, that's the only way you can with Bitcoin but unfortunately some people don't have this patience to hold and I'm sure that anyome bearish about and have shorted Bitcoin with liquidation around that price will be at loss right now.

Trump has made payments with bitcoin to prove that he really supports bitcoin, this is a good thing because the price of bitcoin has soared to $63K, because this is what crypto lovers have been waiting for, that Trump as one of the US presidential candidates provides proof that he really supports crypto, especially bitcoin by taking real steps by making transactions.

The beauty of it all is the country investing interest in crypto whether it is a small or big investments. This investment venture of small country speaks of a continue world wide adoptions, awareness on cryptocurrency. I think Bitcoin is still on it's infant level, in the next 10 years, the global adoptions, awareness would have gone to the moon.
Obviously, Bitcoin Hold is a smart idea, and has the potentials for a huge returns both on short or Long term plans. Patience is the principle for Holding coins.

Yes I agree with bitcoin hodl because it is a good way to invest, we know that by holding bitcoin we will protect the value of our assets from inflation. And we can benefit from it because the price of bitcoin will be more expensive. All have been proven for the past 10 years so there is no doubt in doing so.

Hmm, TBH I won't support this that governments should get involved in the mining activity, yup a pro-mining policy for the private investors is an exception as close to me in Bhutan's case it's a small country but if there's any other more populated country it is going to be the waste of energy resources which can be used in other sectors, A Bitcoin accumulation strategy is going to be more efficient rather than mining Bitcoins directly.

I also do not agree with the government regulating mining. But maybe the government has its own policy to regulate it. Because the energy needs are quite large. If we talk about Bhutan, which is a small country, it may not have much influence, but in a large country it will have an influence. Because the energy needs of a large country are quite large and this requires the government to regulate it.

Really just that a common sense that you would really be that be trying out to verify things on the  time that you do encounter something new on which it is really just that fine or something
normal approach or action to be taken on a certain individual specially this one involves money. Sharing up some ideas into our friends or other people isnt really that a bad idea.
For those who do share up POV then its always best that you shouldnt really be giving out any assurance in speaking about making money because we do know
that when it comes into this aspect then there's no way that you could be able to have that kind of sureness about such stuff.

I agree sharing ideas and experiences with friends is not a bad thing, it will give us information and our knowledge will increase. but we must be able to choose the right friends to share with because sometimes we will be blamed by others if what we share causes harm to them, and always tell them DWYOR because the risk is borne by each.

Quote from: sagarmota10 on September 10, 2024, 09:22:16 AM

As of now market condition we see that the Eth/btc still no sign of reversal and real party will start once this pair reverse.

 Both of them have been moving to and fro and no significant changes in their prices as of now - and I think that will continue for sometime probably till next month or end of next month.

My simple take on this is that hold if you have and do dca if you don’t have and if you’re the type that is actively watching the price then you can do scraping and sell some part so as to be able to accumulate more when there is a drop in price.

I still use DCA to increase my crypto assets until now because I trade to get profit that I can use to buy more coins and I think DCA method is the best method that I can do. We can make purchases by selling some assets when the price is high and buying them back when the price drops, this is also a good way to invest in crypto.

Yes, luck plays role in trading but it is very little. I can make good profit depending on luck but that won't be always. If I acquire proper trading knowledge and use that knowledge and experience then I can do better in trading. One is to rely entirely on luck which can be used as equivalent to gambling and the other is to use one's own skills and talents. My personal opinion is that trading is not all about luck. Those who rely on luck in trading must lack of trading skill or knowledge which can not be considered as trading and that should be called as gambling.

In trading we do not always depend on luck but on our skills, knowledge and experience in trading. luck is a small factor that usually exists in trading and it will not always exist. Because we must have knowledge, good experience and expertise in trading. making analysis before deciding to trade, that's the best way we can do.

This is all related to the idea of HODLING and having a diamond hand...and these two terms are very common in the cryptocurrency industry. One must have the patience and must be investing time...if one is looking for the best ROI most especially if one is into Bitcoin, Ethereum or even newer coins which got a universally recognized potential for bigger future growth. Imagine if you happened to bought 100 BTC when they were priced below $1 and then just forget them for around 10 years...you could now be rich with around $5,832,000 if you sell them now. Of course, we are also assuming that you have never forgotten or failed to record your private keys otherwise it would be a bigger disaster.

I am also a part of people who regret not buying a lot of bitcoin a lot in the past when the first time Bitcoin was launched at a low price, but forget it, Mate. Because at this time we should focus on investing in Crypto by gaining benefits rather than remembering the bitter experience in time. If we have bought it at a price of $ 1 and hold it for up to 10 years, now we are rich.