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Messages - UNIVERSE

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Cryptocurrency Price Speculations / Re: Will bitcoin be worth 1M in 2030?

« on: May 05, 2024, 11:59:13 PM »

Quote from: bitbit97 on May 05, 2024, 07:46:54 PM

I see no big purpose to make a discussion about Bitcoin price in 2030, as we barely can predict what will happen to it in a half year or in few months. Until 2030 there is so much time, that everything can happen. However, I most likely say that price wont get to 1M. Right now 100k seems to be unreachable amount, and 1M is 10 times more. For me this looks the same as predicting if it will be raining on March 5 2030. I doubt that we can get something good from this discussion except sharing our dreams about Bitcoin price.

Agree. It is not necessary to know the price of Bitcoin in 2030 for now. We must focus on predicting the possible price of Bitcoin in 2024-2025. We are preparing to sell our Bitcoin in this bullrun season, we must analyze the potential of good price for selling the Bitcoin in this season. Well, Bitcoin even still can't reach $100k, it is too far from 1M. I think it is just like a dream for now. Bitcoin must need a lot of time to reach 1M. It may be after 2030, may be in the next 10 years.

Cryptocurrency Trading / Re: HODLing Altcoins

« on: May 05, 2024, 11:56:52 PM »

Quote from: dekafee79 on May 05, 2024, 12:02:04 PM

I agree with you, if you want to invest safely, rather than having to bother choosing lots of coins by doing research, you can buy bitcoin when the price of bitcoin is still low and hold it for the long term. For altcoin choices, we can buy ethereum, BNB and Solana

If we want to invest in a safe way, we must avoid to invest in too many coins. We must invest in few coins only, just choose the most recommended coins. Just ignore the random coins because the chance of a lose is too high in this type of coins. We also need to focus on old coins only because they have been proven for safe coins. ETH, BNB, SOL, MATIC, DOT, TRX, XLM, BNB, ADA, and HBAR are the examples of trusted coins.

Cryptocurrency Trading / Re: Trading is not same thing as Gambling

« on: May 05, 2024, 11:53:01 PM »

Quote from: DAMKAR on May 03, 2024, 08:43:08 PM

I am not a gambler and have no experience there. I'm just a trader, and that's not a professional trader. just an ordinary trader who trades when the market improves and the possibility of making bigger profits. As far as I know, gambling depends on luck and experience, while trading requires good analysis and knowledge.

You don't need to be a gambler to know it. You can read an article or read the experience of other people. There are many articles or videos that can describe it to us.

It is true that most gambling are depending on the luck although some of them require specific skills. But in trading, skills and knowledge are everything, this will determine the success in trading. Luck is just a small part in trading, it won't determine anything if we have no knowledge.

Cryptocurrency Trading / Re: Fear or greed

« on: May 05, 2024, 11:48:14 PM »

Quote from: DAMKAR on April 28, 2024, 02:04:32 PM

Greed will make us lose, so it is recommended that we have a plan and target for selling our coins. because greed usually occurs when the target is achieved, we still hope for bigger and bigger profits. And it turns out the price goes down, we miss that opportunity

Greed will never bring good things. That's why we must avoid being greedy! If we have reached the target, it is better to secure the profits. Just think realistically for the target of our crypto investment, we don't set a nonsense target. When we set too high target, it may make us to end up with no profits. Sure, when the price drops, we miss the chance to take profits.

Bitcoin Forum / Re: Why do people panic and sell their bitcoin when it falls in value?

« on: May 05, 2024, 11:44:29 PM »

Quote from: taufik123 on May 05, 2024, 11:29:06 PM

Old players in crypto are used to -50% and even that won't make them sell it,
will even continue to add to their bags when the spare money is still available.

What do you mean?
If we -50, surely we don't want to sell the coins. What for?
For the long term holders, they will sell the coins if it reached 100% at least.

Quote from: taufik123 on May 05, 2024, 11:29:06 PM

After all, what he feared with bitcoin's decline,
it was even a good opportunity to start accumulating and making more profits when the price of Bitcoin reached a new ATH.

Old players mustn't feel afraid Bout the FUDs.
We have experienced this many times in the past. When Bitcoin wants to reach a bigger price, it never becomes so easy. There should be many negative news, it may try to stop Bitcoin but it will never stop Bitcoin.

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

« on: May 05, 2024, 11:36:02 PM »

Quote from: 0t3p0t on May 05, 2024, 10:44:13 PM

Yeah but sometimes DCA won't work if fees are way too high just like what had happened few weeks ago during and after halving. But yeah no doubt DCA would be the best way to accumulate little by little until we are happy enough with our desired amount of investments.

Yes, it won't work because we spend too much money for the transfer fees. So we must be patient when it is in bad condition, we keep the funds to buy when the market condition remains good. DCA is done gradually, we don't need to hurry to buy if we do DCA. As long as we use the funds for the long term holding, we don't need to hurry whether to buy or sell the Bitcoin or altcoins.

Bitcoin Forum / Re: Invest & Hodl Bitcoin!!

« on: May 05, 2024, 10:20:46 PM »

Quote from: DAMKAR on May 05, 2024, 02:44:32 PM

crypto we will always see whales manipulating prices in the market, it's not just in crypto. We should follow the whales' path, take advantage when we can buy at low prices and sell at high prices. because that's how the crypto market plays.

Not sure whether it is true or not, people often say whales do the manipulation in crypto market. Whales surely have the power, they know how to shake the crypto market. They even has a connection to share FUDs on top social media channels. In this way, it is very difficult if we do a different way, following the whales is the best option because we don't lose the chance of buying or selling. It is because they may pump or dump the prices of certain coins.

Cryptocurrency Price Speculations / Re: Are you ready for the Bitcoin bull market? What's your plan? Some ideas for you

« on: May 05, 2024, 10:14:03 PM »

Quote from: dekafee79 on May 03, 2024, 06:13:56 PM

There are some people who like DCA, because they can buy coins in stages. By trading, joining bounties and airdrops, they get rewards to buy Bitcoin or potentially other coins in stages. This is a good method and even better if it is done long before the price of bitcoin is high.

People who plan buying gradually, they may choose DCA. I think it is a good way for the people who have limited funds. But if you have big funds, you can buy many Bitcoin at once. Yes, people who join signature campaign or do bounties, can buy Bitcoin gradually. We have no much money, so DCA can be a good idea.

Quote from: legend45 on May 03, 2024, 08:01:00 PM

Diversification is always the right step to increase opportunities for profit. Bitcoin is a safe coin for investment, but remember altcoins are coins that will bring greater profits if you choose the right and potential coins. Do analysis before buying so that we don't suffer losses.

Diversification is okay, it raises the chance to take profits and minimizes the risks. However, not everyone wants to diversify their assets. Some people may invest their funds on Bitcoin or Ethereum only. But other people may invest in varied crypto coins. It may depend on the style of individual investment.

Cryptocurrency Price Speculations / Re: Will Ethereum hit $5000 this year?

« on: May 05, 2024, 10:05:14 PM »

Quote from: MUGNIA on May 04, 2024, 02:32:07 PM

but we can't be sure of all of that because everyone can speculate what price the highest ATH will be,
but I agree with you that the value of ETH will take longer to reach 5k$, as we know ETH has not yet received approval from the ETF

Sure, people only can speculate, no one knows the exact price of ETH in the future. How big the ATH of Ethereum, is impossible to know. But in theory, it won't be so difficult to achieve because the ATH in the previous period was around $4,878 (in 2021). If ETH can reach a new ATH in the next altcoins season, it should be above $5,000. I think whether the ETF market will be accepted or not, the ATH of Ethereum will be above $5,000.

Cryptocurrency discussions / Re: What tokens are trending?

« on: May 05, 2024, 09:56:35 PM »

Quote from: ajiz138 on May 05, 2024, 03:31:44 PM

I don't recommend it if it's a meme coin, but if you want to try it then go ahead but you have to know what the risks are. Meme coins are coins that live on hype alone, and only a few coins can survive.

Even if we want to buy meme coins, we have to go in with as little money as possible or with money that we are ready to lose. Because it's not just one or two people who lose money due to meme coins.

I agree with you, it is not recommended to buy meme coins. Everyone knows that meme coins have too high risks, the prices can freefall anymore and it may never return to its good prices. There are too many scam meme coins, they only have good prices when it is hype. The chance to succeed with meme coins is too small, I personally won't waste my money into meme coins. However, it is true that we must use small money only if we really want to try luck on meme coins.

Cryptocurrency discussions / Re: Is it risky to invest in new crytpo coin/tokens???

« on: May 05, 2024, 09:50:05 PM »

Quote from: legend45 on May 03, 2024, 05:44:42 PM

You are right that we do not have control over the wallet exchange, that is what makes us lose if our transactions are suspected of being money laundering. because our wallet can be frozen and we lose these assets. I also heard stories from friends about this, their accounts were suspended and they were suspected of being transactions that indicated money laundering

Indeed. We have no control on the assets on CEX wallets. That's why we don't put many assets on CEX wallets. Sure, if we are suspected to do money laundering, they can frozen our assets on CEX wallets. In this way, we can lose the assets because we no longer can access the assets. The assets can be given to the government authorities and we have no right to get the assets anymore.

XRP - Ripple Forum / Re: XRP = 1 dollar

« on: May 04, 2024, 11:54:32 PM »

Quote from: bitterguy28 on February 10, 2024, 01:04:16 PM

Do you Guys believe that this year of 2024 after halving or at least before 2024 ends , Will XRP ever reach 1 dollar again?

In fact, it is 2 weeks after halving and the price of XRP just dripped following Bitcoin. But, this recent day, the price of XRP is getting better. At least, it touches $0.53
So, if we are waiting for the price of XRP to be $1, it means that we may need more and more times again. but I personally really believe that we will meet the price, at least it may start form the Q# of this year, hopefully this will be really starting up.

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

« on: May 04, 2024, 11:50:28 PM »

BNB is currently struggling to keep up with Bitcoin's increasingly strong movements. Indeed, the price of BNB also experienced significant drops in this market correction. even that is quite long. but luckily at least it was still above $500. This DNA is quite a good effort from BNB. Indeed, this particular coin exchange will always be special, regardless of the FUD associated with it, it will still be passed and eventually it will be successful again. Like now, even though it is not yet optimal, BNB performance is still much better.

Currently, the BNB price has reached a rate of $585, it's up and down. but this is a good strategy to start the bullrun again.

Cardano Forum / Re: Worth to invest?

« on: May 03, 2024, 11:59:06 PM »

Quote from: Jun on April 23, 2024, 04:19:56 PM

My answer of this question is my own opinion not intended to influence other, cardano is good investment,over all. The ecosystem looks potentially ready to flourish making cardano of all crypto to buy,the coming months I believe the price will surge.and now's the time those interested to buy

exactly, I think many people also think about this.
For me, Cardano or ADA is one of the most assets that I am investing in. I believe that there will be a reason why someone will want to go to ATH again. This is actually a good coin, but it's actually quite undervalued, I don't know what will happen next but I'm sure it will be much better.

Now the price of ADA has been quite increasing. but this is better than few days ago.
https://coinmarketcap.com/currencies/cardano/

But we must still struggle to make price of ADA increase c=so much again. this community is also not yet finished so we can still make goood epxecattion tot his coin.

XRP - Ripple Forum / Re: XRP not progressing in this Bull market.

« on: May 03, 2024, 11:52:32 PM »

In fact, there is still progress, it's just that it's very small and doesn't cause anything significant. Even this time, the price of XRP is still around $0.5. This is not a bad thing, but at least we would like to find XRP a much better price. Even though we know that the price of XRP will be that slow, the hope remains that at least the price of XRP will be as dominant in the bullish markets later. Let's be patient waiting the bull market for XRP at once.