I don't see it as dumb and won't accept the fact that it's risky but with proper sense of the market will help, imagine getting taking loan after bitcoin ETF has been accepted its good since we know this was among the influence for a ATH . Now during bitcoin halving if I take loans to stack more bitcoin there is a little chance I'm going to be at a lost.

There's a risk also in taking loans to invest in real estate which is reduced with the type of real estate you choose just like taking loans for bitcoin knowing were the market is tending to is really important to be successful

It all depends on your ability to analyze the market, if you want to take out a loan and invest in bitcoin and not experience losses, do it. But I didn't dare to do it because it was very risky. I prefer to take out a loan for real estate because it is easier to predict the selling price at a later date.

Quote from: Gideon99 on February 20, 2024, 12:12:59 PM

Many crypto pro believe that the future of Ethereum is very  bright in 2024 and more . With the resent release of Ethereum 2.0 the network is expected to be more scared, scalable. This will lead to the increase of value of ETH . Other factors involved in the success of Ethereum popularity and growth of NFTs and Blockchain.

Yes I agree with them Ethereum has a bright futures and the project is and excellent one. The increase in Ethereum value within the past few months as bring to our notice that the Ethereum project still have some excellent and awesome  increase or inflation there of.

There is no need to hesitate with ethereum, because ethereum will always follow the performance of bitcoin. When the price of bitcoin rises, the price of ethereum will also rise. We have seen it from many cycles, ethereum still survives and until now I still consider ethereum

Quote from: Captain Corporate on March 19, 2024, 07:19:44 PM

Of course there will be a lot of different approaches, there is nothing wrong with that but I have to point out that its not going to be easy neither, the decision making I mean. I get that its going to be a little tough if we are careful with what we do, but that's not going to be all that easy at all. I just think that the best we can do right now would be just avoiding anything that we are uncertain about. Just get to the point where you could be certain which one you would like to do, and ignore the people who keep promoting the other side, they are not wrong, they are just right for themselves.

Yeah right. What suits others may not necessarily suit us. So we only have to enter or use a method that suits us. For example, some people are comfortable with daily trading and some people are comfortable with medium-term trading and there are also those who are comfortable with investing, namely only accumulating and selling when they have made a profit. And of course every person can rarely be good at everything. So we only need to use methods that we master. And only enter projects that we have finished analyzing.

Everyone has their own beliefs about investing or trading, whether short term or medium term or holding for the long term. It is tailored to each person's abilities and expertise. I trade and hold, depending on market conditions and the capital I have.

Binance smart chain platform is a decentralized Blockchain that was built to Integrate or achieve the binance chain. It can run Ethereum-based tools, it enables smart contracts that makes it a great platform for decentralized applications and other crypto project that also has a  native token, BNB having a proof-of-stake consensus mechanism which makes it efficient than other Blockchains.

Binance smart chain is an alternative smart contract platform to ethereum which has very high gas fees. Currently there are also other cheap platforms such as Solana. Crypto investors are faced with many choices, so we can choose which one is good for us.

Quote from: bayu7adi on March 18, 2024, 07:12:04 AM

Don't forget about targets and future events. Suppose we target selling BTC at $75k and the next moment is the BTC halving. Of course it has a high probability of hitting $75k soon and also after that you can sell it without having to hold any longer.

In my opinion, the purpose of holding is to avoid unstable emotions which are usually caused by prices experiencing a dump. Usually people's fears make worse decisions.

Makes sense
Taking profits at the price level at which we want to sell or buy an asset to take profit is the goal of all investors.
To maintain stability and increase investment value, cut loss, stop loss, and Hodl are strategies that can be implemented to maximize profits.
Knowing the purpose of investing will align our plans and financial situation.

It really takes a good and accurate analyst to look at the market, even though we know crypto is very volatile and unpredictable. but as you suggested cut loss, stop loss, and Hodl are strategies that we can use when investing. For now, I prefer to hold and buy back some coins which I predict will increase in price again.

By the way the market is currently growing, we can get an idea of how the market may go in the future depending on the current market. We are in early 2024, early 2025 is still a year away and a lot can happen in the market in this 1 year. Just as the market can cross $100K in this one year, the market can fall below 30 thousand dollars in this one year. However, if we observe the market candles and chart well, we have more positive ideas and based on that positive idea, we can imagine that the market may touch one hundred thousand dollars in 2025. If the market touches 100,000 dollars in the first step, we will definitely expect the market to touch more highs later.

Based on the observations of senior investors, they believe the price of bitcoin will reach $100K, perhaps after the halving, for example next year. I still hold bitcoin in my wallet and have not determined a selling target because I am still observing crypto market movements, maybe after the halving I will be able to determine my bitcoin selling target.

Quote from: bounceback on March 19, 2024, 09:49:55 AM

To see bitcoin allow or become legal currency transaction depend on parliament regulation, its important for us when election day give opportunity for candidate have vision with allowing bitcoin become legal currency transaction. I think if most of parliament filled by old people seems difficult to see bitcoin become legal payment currency.
In my country last several weeks ago have campaign, most of the winner not any mission or vision about cryptocurrency although in this years raise more than 50 billion dollar form taxes transaction with my country have regulation bitcoin legal as commodity assets only.

I think that whether bitcoin is allowed as legal way to pay for things will depend on what people in charge think. It is important for politicians to have clear opinion on cryptocurrency and how it can help economy. I do not think someone age should decide if bitcoin can be used as money. It is more about understanding how cryptocurrency works. I am worried that people who won recent election do not have good plan for cryptocurrency even though it could bring in much of tax money. Lawmakers should learn about good things cryptocurrency can do and how it might affect economy.

They lack knowledge about crypto, especially politicians, even though the government is starting to study crypto and has experts there, the parliament determines the policy of a draft law regulating crypto. Because they are the ones who can discuss it. In fact, if they understood the benefits of crypto, they would have legalized crypto long ago.

However it's possible for government to crack down the use of crypto. In most countries have already banned crypto exchange and coin offers like china, it's very certain that government can limit the use of crypto currency. It's also no use that many government are still figuring out ways to deal with crypto. Some have set rules, and rules will continue to evolve us.

Actually there is no point in the government restricting crypto in their country, their citizens can still invest and trade even if the country's IP blocks crypto. In my opinion, the government should legalize crypto investment.