Therefore, we have to be careful if we want to do KYC, pay attention to whether the project is convincing or not.  Usually Airdrops that require KYC are Airdrops from new exchanges, like it or not we have to do it because that is usually a condition for us to be included in the eligible list.

It seems like there are a lot of airdrop projects and every market asks us to do KYC. To be honest, it's very risky if we use our identity to participate in the Airdrop. But for exchanges, I think it's still quite safe because I'm sure the exchange will definitely protect the data well. provided by users because they have valid laws and when they abuse it they have the potential to be sued by many people.

If you want to get in at a fairly cheap price, wait and see how the market works so you'll know where you need to enter.

Make sure you buy at the support price so that you get a cheap price.
To determine where the support is depends on what time frame you are waiting for the price.

Sometimes we have difficulty determining the right time to enter a cheap price because we don't know the support price or we don't see the condition of the exchange because we are busy with work in the world. That's what ultimately made me just open an order at a cheap price and keep waiting until my purchase target was reached.

Quote from: robelneo on April 17, 2024, 04:41:56 PM

Quote from: de_prof on April 17, 2024, 10:16:00 AM

If you are aiming to sell at $80K, that will happen soon after the halving is likely to occur in early Q3 this year. or even it will happen next month, anything could happen after the halving, some predict there will be a long correction and some say the correction will only last a short time.

Now that you've done your task of accumulating Bitcoin the halving is the time to make a profit so keep looking on the market, and keep following experts and community predictions so you can sell at the right time but don't sell everything just make a profit will satisfy from years of accumulating through DCA.
Remember Bitcoin is going to reach $1 million you need Bitcoin holding specifically for that price.

I agree with you, we should save some bitcoin kits for the future, don't sell them all because it is possible that in the future the price of bitcoin will reach $1 million.
DCA is the most useful method for those trying to collect bitcoins with limited funds, I did it too.

When the price of Bitcoin reaches that expensive then who will buy it? Honestly, I doubt that the price of Bitcoin will reach such an expensive price because even reaching a price of $100k this year seems very difficult to happen, how can Bitcoin reach a price of $1 million.

We don't know what the weaknesses of ethereum are which are still being considered by the SEC to not approve ethereum ETFs, can you explain what the weaknesses are? Because I look at it from a security perspective, ethereum is quite safe and I only see that the supply of ethereum is quite large and the high gas fee is a weakness of ethereum itself

That's right, the SEC was intentional about leaving people to speculate about what made them delay the Ethereum ETF. In this way, Ethereum developers will focus more on immediately resolving problems that occur without interference from other people. The SEC takes security very seriously and certainly doesn't want those in the ETF to lose money because of Ethereum.

Not that we all know that crypto is an anonymous world, but this technology is very promising in the future and will really be needed. Yes, we have to be careful when investing in the crypto world because we don't know the real ID of the people behind the project. Do analysis and research before investing to minimize losses and fraud

Not all technology developed in cryptocurrency will be promising in the future, because currently if you know there are lots of projects that are scams, so we must remain careful when we want to invest in cryptocurrency projects. Make sure we have done research so we don't lose the assets we have because we entered the wrong project.

Is there really this what we call "accurate analytical and research skills"? I mean, who knows what the outcome of the new project would be because there are newly launched projects that look legit. However, they end up being a scam project. While some suspicious-looking projects unexpectedly become successful just like meme coins.

No one has skills like that, all the analysis we do has been manipulated by whales who follow the movement of patterns that are widely used by the public so that sometimes there are traders who can predict cryptocurrency price movements because they already know cryptocurrency price movements by heart because they may have I have had a lot of experience. No one can guarantee that meme coins will always make a profit, so you have to be careful with meme coins, whatever they are called.

That is what we call inspiration. When we see that some others are successful in doing something, we start to do the same thing even though we are not ready for that or we are not experts in that field. This happens in real life as well. When people see that someone makes huge money from the cattle farm business, others also follow them and try to build a cattle farm business without learning how to do it properly. We cannot do everything with the money. We need experience and we have to learn before we start doing anything. It's not easy to make money overnight. Trading is not easy as well. If you do not have knowledge in understanding the trading patterns, you won't be successful person.

Many people really want to achieve success, but sometimes the path they take will not be the same as they did. At least we have to keep trying to do something with maximum effort, while the results we get later depend on the hard work we have done. As long as we do something to the maximum then of course the results we get will be very good.

The price of bitcoin just experienced a correction, don't underestimate the price of bitcoin and think it won't reach $100k, bitcoin is still in great demand and corrections will always occur in the crypto world. Currently bitcoin seems to be struggling and I think there will be another correction, but I have confidence that the price of bitcoin will reach more than $100K this year. No need to wait another 3-4 years, many people predict Bitcoin will reach a price above $100K

No mate, the price of bitcoin this year will not be able to reach the target of $100k. There is no good news that can trigger an increase in the price of Bitcoin. It is possible that if next year there is no bad news then there will be an opportunity for the price to increase. However, if there is bad news that circulating then it won't happen and it will be increasingly difficult to break through the wall that exists at $100k.