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Author Topic: Be careful of the coin you invest on.  (Read 3349 times)

Offline Dr.Bitcoin_Strange

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Re: Be careful of the coin you invest on.
« Reply #60 on: May 11, 2024, 05:38:33 PM »
-snip-
we can rest assured that Bitcoin will always bounce back and correct its trend overtime, as long as we continue to HODL through that temporary fluctuations.
While this may not be the case for other tokens, there are tokens that have become worthless due to its inability to recover from a DIP.
I am also confident about how Bitcoin will revive after the bearish trend is over,
it is only a matter of time and then reaching a bull market will make new history on Bitcoin.
All altcoins will be affected and there are indeed coins that cannot recover from their DIP price and some also recover and follow the price of bitcoin.
Most certainly, Bitcoin has always shown tremendous recovery, judging from its previous cycles.
Although, while it's true that past performances can never guarantee future outcomes when it comes to cryptocurrency, we are also very certain because lots of facts proves that this bearish trend is only but a recuperation period for bitcoin, to prepare for the upcoming bull run, so that people can also get the opportunity to start buying low right now.

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Re: Be careful of the coin you invest on.
« Reply #60 on: May 11, 2024, 05:38:33 PM »

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Offline Thyplaymaker

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Re: Be careful of the coin you invest on.
« Reply #61 on: May 11, 2024, 08:20:56 PM »
Sometimes, doing proper research doesn't mean that you will not get scammed.
Sometimes, just using your common sense is enough for you to avoid these scam attempts.

To lessen the chances of getting scammed, just focus on the top coin or if you really want to put your risk to near zero, just focus on Bitcoin. Just learn how to buy, and store it and you're good to go.
Exactly, we should focus on the top coin . Alot of people have messed up alot due to greed , they always want to make it fast , which we all know things don't work that way . Inorder to make it in this space one need to be patient and to be persistent with what he or she do . Because having the mindset of wanting to make it fast may only lead to one investing on the wrong project, because is not all projects that are hyped worth the hyping that's why we should always do our own research always. ;)


Offline kulkhan

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Re: Be careful of the coin you invest on.
« Reply #62 on: May 12, 2024, 10:43:53 PM »
Yes it could be happen, Because everything is possible in cryptocurrency market. If Bitcoin move again previous circle i will not be surprised. So everyone should be careful about his investment. But i think after some down bitcoin will pump and it will hit new ATH and soon we will see Bitcoin price touch $100k. And i am waiting for that.

But i am telling again everything is possible in cryptocurrency market. So we should careful and we have to invest and trade carefully.

Offline Dr.Bitcoin_Strange

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Re: Be careful of the coin you invest on.
« Reply #63 on: May 14, 2024, 10:46:02 PM »
Yes it could be happen, Because everything is possible in cryptocurrency market. If Bitcoin move again previous circle i will not be surprised. So everyone should be careful about his investment. But i think after some down bitcoin will pump and it will hit new ATH and soon we will see Bitcoin price touch $100k. And i am waiting for that.

But i am telling again everything is possible in cryptocurrency market. So we should careful and we have to invest and trade carefully.
Most definitely,  this is only a recuperation period for BTC, and after the recuperation period is over, there'll be another Bull run, following the effect of the just concluded halving.
I know that a lot of investors have already lost hope in bitcoin, following the unending bearish trend that has just hit the market because they were expecting the market to be on a steady green after the halving, but they fail to realize that even in the previous cycles, it took quite some time before market entered a bull run after the halving.

Although I don't know for sure if the next bull run would send bitcoin to 100k, but there's been lots of speculations and like you said, the crypto market is so unpredictable and volatile, so it'll be impossible to predict exactly what would will happen in the future, but it'll indeed be a good thimg for investors if bitcoin could set such a historical standard.


Offline MrSpasybo

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Re: Be careful of the coin you invest on.
« Reply #65 on: May 15, 2024, 10:28:01 PM »
Yes it could be happen, Because everything is possible in cryptocurrency market. If Bitcoin move again previous circle i will not be surprised. So everyone should be careful about his investment. But i think after some down bitcoin will pump and it will hit new ATH and soon we will see Bitcoin price touch $100k. And i am waiting for that.

But i am telling again everything is possible in cryptocurrency market. So we should careful and we have to invest and trade carefully.
I have no doubt that BTC will reach $100K in this cycle, I just don't know how crazy the crypto market will be at that time. In the past few months, we have witnessed the launch of hundreds of thousands of memecoins, each day we have new projects to research and analyze. I can assure that 99% of these new tokens and most of the projects on Coinmarketcap have no value for users and the crypto market future.

We have many good projects with potential solutions, reputable teams, reasonable tokenomics, large investment funds... Investors do not need to find and try to invest in a non-transparent project created in a hurry during a bullrun because the crypto market is not a casino worth $T. Therefore, I hope that new investors should focus on projects that have been fully evaluated, have tokens listed on reputable CEXs and have good liquidity. Stay away from new tokens if you don't have enough time to learn about them!
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Offline Litzki1990

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Re: Be careful of the coin you invest on.
« Reply #66 on: May 16, 2024, 05:17:22 PM »
Yes it could be happen, Because everything is possible in cryptocurrency market. If Bitcoin move again previous circle i will not be surprised. So everyone should be careful about his investment. But i think after some down bitcoin will pump and it will hit new ATH and soon we will see Bitcoin price touch $100k. And i am waiting for that.

But i am telling again everything is possible in cryptocurrency market. So we should careful and we have to invest and trade carefully.
The market can change drastically in a moment and the impossible can become possible here so one should use one's skills here as well as definitely use reliable coins for investing or trading. If we rely on the market's bitcoins instead of the coins that the market trusts, we will lose our money. We have seen cases before where a coin touched $500 to $700 and suddenly that coin became a scam and the market value of that coin completely disappeared from the market. It was an impossible thing to catch but it happened so we have to be careful and always have reliable coins on the list of favorites.

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Re: Be careful of the coin you invest on.
« Reply #66 on: May 16, 2024, 05:17:22 PM »


Offline salad daging

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Re: Be careful of the coin you invest on.
« Reply #67 on: May 16, 2024, 08:05:53 PM »
Yes it could be happen, Because everything is possible in cryptocurrency market. If Bitcoin move again previous circle i will not be surprised. So everyone should be careful about his investment. But i think after some down bitcoin will pump and it will hit new ATH and soon we will see Bitcoin price touch $100k. And i am waiting for that.

But i am telling again everything is possible in cryptocurrency market. So we should careful and we have to invest and trade carefully.
I have no doubt that BTC will reach $100K in this cycle, I just don't know how crazy the crypto market will be at that time. In the past few months, we have witnessed the launch of hundreds of thousands of memecoins, each day we have new projects to research and analyze. I can assure that 99% of these new tokens and most of the projects on Coinmarketcap have no value for users and the crypto market future.
That's a reasonable price for Bitcoin to $100K because looking at the previous history of ATH after the halving there was a spike afterwards but taking $100K is a reasonable price even though I know it will probably be more than $100K.

When the bullrun comes, there will be many projects that come to the exchange and CMC because of the hype that is happening they will only take short-term profits so I don't dare to invest too long in new projects, when the bullish period is over, usually tokens like this will drop dramatically.

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Re: Be careful of the coin you invest on.
« Reply #68 on: May 17, 2024, 08:41:48 AM »
~
But i am telling again everything is possible in cryptocurrency market. So we should careful and we have to invest and trade carefully.
Thanks for the heads-up. That might help 1 or 2 newbies here.

Everything is possible, and we've seen it already. Heck, there's even a chance that we might not see Bitcoin's price reaching $100,000 on the next bull run. :D While I'm optimistic that it will happen, there's still a chance that it might not happen for some reasons. Nevertheless, we should invest at our own risk, and if you're a newbie, don't trade at all unless you're ready to lose your money in your first try because that's always what happens.

Offline armanda90

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Re: Be careful of the coin you invest on.
« Reply #69 on: May 17, 2024, 06:30:26 PM »
That's a reasonable price for Bitcoin to $100K because looking at the previous history of ATH after the halving there was a spike afterwards but taking $100K is a reasonable price even though I know it will probably be more than $100K.

When the bullrun comes, there will be many projects that come to the exchange and CMC because of the hype that is happening they will only take short-term profits so I don't dare to invest too long in new projects, when the bullish period is over, usually tokens like this will drop dramatically.
Most of them take hype moment awhile by short term profit taking, I think many new comer or project come to market when bullrun moment and then selling their assets after raising higher without too much expected for bitcoin reach more than $100k. I think every personal or institution get difference way for investing in bitcoin, most of them interested with short term and take hype moment when bitcoin on bullrun position.
I don't think its wrong because they will buy back later when bitcoin has lower price and repeat their investment way how to increasing profitable in short term.

Offline salad daging

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Re: Be careful of the coin you invest on.
« Reply #70 on: May 17, 2024, 10:40:56 PM »
That's a reasonable price for Bitcoin to $100K because looking at the previous history of ATH after the halving there was a spike afterwards but taking $100K is a reasonable price even though I know it will probably be more than $100K.

When the bullrun comes, there will be many projects that come to the exchange and CMC because of the hype that is happening they will only take short-term profits so I don't dare to invest too long in new projects, when the bullish period is over, usually tokens like this will drop dramatically.
Most of them take hype moment awhile by short term profit taking, I think many new comer or project come to market when bullrun moment and then selling their assets after raising higher without too much expected for bitcoin reach more than $100k. I think every personal or institution get difference way for investing in bitcoin, most of them interested with short term and take hype moment when bitcoin on bullrun position.
I don't think its wrong because they will buy back later when bitcoin has lower price and repeat their investment way how to increasing profitable in short term.
Yes, we just take advantage of the bullrun moment later when the price is high, I will release my ownership to the market to sell and then buy again after entering the bearish and accumulate again for more than a year, which is usually what we do.

If there are people who invest long term through several cycles then that's great but I won't be strong especially when the price is more than $100K then I'll take advantage of it without thinking anymore.

For new projects, this is the right moment for the short term, but we have to do extra analysis on which new projects have potential.

 

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