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Messages - doc

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31

Ever since the Bitcoin halving we have seen the price of Bitcoin hovering between $60k and $67k which means we are not seeing much change in the market during this period. However, yesterday the price of Bitcoin broke the support of 60k dollars and moved from 55k dollars to 57k dollars. When the market broke the support of 60K dollars and came lower, then it seemed that maybe the market will cross the barrier of 50K dollars and after crossing the barrier of 50K dollars, the market may do a big dumping, but the market is very stable now. Since the market has dumped a lot from the peak price, the market is expected to be more positive at this time.
Many people think that when bitcoin halving, we will see the price of bitcoin rise high but it turns out the price of bitcoin falls. but I think this is just a correction and the longer bitcoin seems to struggle below after reaching ATH, that is our best opportunity to buy bitcoin.

32
This is also used by traders for the short term because they need analysis before making short-term trades.
For investment, it is usually only based on the halving period that will occur, which is always 4 years.

You may be right, but in any case, you need to read the news and you need to read a lot of this news, especially all the news that relates to finance or in some way may relate to finance. Understand what news you should read that only relates to finance is very difficult. I think you understand about what am I saying.
Reading the news is a good thing to find out the latest information, your advice is very good. We must always be updated about the latest information, that is the function of reading. Like now we also hear that there is a War, this is also news that also has an impact on bitcoin at that time even though the price of bitcoin has increased again at this time.

33
Ethereum Forum / Re: When etherium Hit $5k
« on: May 03, 2024, 09:31:50 AM »
I agree with both of you, we should hold onto our assets until next year. because looking at current market conditions the price of bitcoin has decreased to below 60K USD, this makes many people panic. stay calm and wait, bitcoin will rise again, if there is no bad news attacking bitcoin.

The worst thing that can happen to any investor who is a beginner or who has been doing this for 1-2 years is that he will need money urgently or he will start to panic very much at a moment when this cannot be done. And at the moment Bitcoin has just gone into correction and it’s nothing to worry about, you just need to sit and wait, don’t panic, in fact, now it’s worth buying bitcoins, but they should sell.
Yes, during corrections like this we should just sit and wait. because this is just a correction, not a bearish season, we will wait next week to see whether the bitcoin price will return to $ 60 k or go down. If it goes down, we should prepare funds to buy bitcoin and several potential coins if the price falls sharply

34
I guess it is buy the dip and hodl. Getting too tired to do this time and time again.
Don't give up with bitcoin price movements that are always like this, we have to make good use of these price movements, bitcoin provides an opportunity for those who continue to follow bitcoin price movements to make a lot of profit, the rise and fall of bitcoin prices is very important and now it has started to recover price to $60k again.
If we bought bitcoin during the dump and it touched $56K, maybe now we have made a profit because the price of bitcoin has risen to $59K. Yes, that's how Bitcoin is very volatile and can go up and down without us being able to predict it.

35
Cryptocurrency Price Speculations / Re: What are the odds
« on: May 03, 2024, 09:23:59 AM »
that doesn't coincide with what they say "Sell in May and Go away. Walk away from the markets until October"
yep 5 months is always been the pattern in stock market but seem like this market is already being set and time is running out. i do hope it won't take this long for the price to go shooting to $100k already. 

the billionaires should start buying every time there is a dip like this.
There is no strong support from bitcoin whales until the end of this year, maybe the price of bitcoin will be very difficult to reach $100k. It is possible that next year bitcoin will return to high prices again if there is good news that can lure the whales to come in and providing support to the price of bitcoin again.
The whales seem to be still waiting, and seem reluctant to enter the market. Is this just a strategy or is it the lack of good news about crypto that makes whales interested in buying bitcoin? We can find out by looking at the next few months, whether there is any good information, for example an ethereum ETF has been approved

36
I am not really a guy who look into the prices very often but ever since halving I am keeping an eye on it, the prices on the way of declining ever since halving with deadcat bounce. As of now I am writing the price ranges in between 60-61K.

Speculators share your insights about how the price movements will be from this point.
it was broken mate and yeah i thought that the 55k resistance will also be broken but good thing it keeps strong and now stays above 57k .
there are some that i come across in other forum says this will even fall to 52k before showing its force to make a bull run but I think I will wait for what will happen because I'm already holding my funds and my hopes are high this year.
Luckily the $55k wall cannot be broken this month, maybe the lowest price is $57k, but when the $55k wall breaks then the price of bitcoin will fall to a very deep price, the bearish season is already visible so we just need to be careful when we want to trade . Many people hope that the price of bitcoin will rise higher and make a new ATH, but in reality many whales have left bitcoin and are waiting for bitcoin to drop again in market conditions.
We saw that bitcoin had dropped to $56K, but now the price of bitcoin has risen again. and this is very good for bitcoin lovers because if it reaches below $50K it is likely that we will enter a bearish season. Currently the price of Bitcoin is improving again, and hopefully this will be consistent until it reaches $70K again.

37
Binance Coin (BNB) / Re: Investment of BNB
« on: May 03, 2024, 09:11:36 AM »
This is what the Binance team must pay attention to, so that the new CEO is also more careful so that the CZ case does not happen again.
We know that Binance is the biggest exchange, and turnover is very large there.
That's right, the new CEO of RT has started to be careful with the steps he chooses, CZ places important trust in the development of Binance in RT's hands. As you said, Binance is one of the exchanges that has large volumes, so far CZ has built this Everything is not easy so RT must give full respect to CZ and not repeat the same mistakes as CZ.
CZ has succeeded in making Binance the largest exchange, even though CZ was later caught in a case that required him to be imprisoned and the Binance team appointed a new CEO. RT is the right figure for now, because after the change of CEO, Binance has remained stable in both the popularity of the exchange and its coins.

38
Nowadays, whatever appears in the bsc network can be seen as a gem.

It's not totally true because we can see a lot of projects which is listed on Bscscan as a rug pull project. But we can say that every projects with solid ideas become quite successful because of chosing BSC as their first priority and every yield farmers won't be able to pay higher transection fees for small rewards as everyone isn't whale at all. So, projects which is running on BSC, are quite successful because of lower transection fees and everyone can participate on those.
Exactly, a developing project must have a product that is useful for many people and has a fairly high demand, because if you only rely on ideas but don't have any enthusiasts then everything will be useless. It is indeed difficult and not easy to build a new project therefore with a product that you develop will be an important influence
Apart from enthusiasts, this project also has benefits or benefits for many people. because projects that are just hype and have no benefits will quickly disappear or their prices will fall on the market. This is the reality that has happened so far when we look at the market and observe projects in the top 10 coins

39
When the price of bitcoin drops to $56k you don't just look, we have to be ready to enter and buy more bitcoin because usually when the price falls like that it will bounce quite high. We just need to make good use of the opportunities for rising and falling Bitcoin prices to continue to profit from the movements made by whales.

Not everyone has money to spare you know, some people set up money purposely to buy Bitcoin when it comes down to the exact price they have in mind and whatever Bitcoin does later, they don't have more funds elsewhere to buy more. However, I just think $56k level might not be the actual lower price Bitcoin price is expected to stay, I have noticed that Bitcoin do have this sharp decline lower before it makes a bullish engulfing candle for the next pump. So I think we might have more lower price sooner or later.
Exactly, therefore, when you want to get into cryptocurrency you have to consider it carefully and as much as possible you have to divide money specifically for cryptocurrency and money specifically for living needs.
So when our assets are trapped in cryptocurrency because the price has collapsed, it will not make us depressed because we have no money at all for our living needs.
A good way is to invest in crypto by not using money that is used for living needs or money that will not be used in the near future. because we all know crypto is unpredictable, if we are caught in a price that suddenly drops, we can hold for the long term waiting for the market to improve

40
Bitcoin Forum / Re: Was the halving created much tension you?
« on: May 03, 2024, 08:33:27 AM »
You are correct, that is a truth that such has never happened, so, don't you think this could be a the cause of spot bitcoin ETF?
Since this never occurred before, and there is every likelihood that we might still see another stumbling price in bitcoin.

The ETF (in my opinion) impacted strong resistance at $60k before the halving.

By the way, if we're already talking about the tension caused by the halving, I'm pretty pissed off by all that euphoria, celebrations and congratulations.
Everything is happening concurrently but we will only discuss the ones we understand. Because there's a block that is going to be mined and the bitcoin reward will half, and that is why halving is so popular. In the other there's no block that will be mined to trigger bull run. So, we will only know about bull run when it starts, so there's no pressure about that. When bull run hits, the posts and hypes on social media will say it all.
According to smartgold, we cannot deny that ETF approval played a vital role in introducing a new ATH even before halving.
That's true, because the bitcoin ETF had quite a big impact on the increase in the price of bitcoin which touched a new ATH before the halvibgg, but what makes many people curious is why after the halving the bitcoin price seems to be struggling.

41
Bitcoin Forum / Re: Beginning of the Dumping Market?
« on: May 03, 2024, 08:31:07 AM »
Now we are witnessing the biggest correction of the year  Bitcoin dropping to 67k once again from the ATH of 73k

https://coinmarketcap.com/currencies/bitcoin/

Want to look for valuable source if are we having Correction or we are now starting to see the dumping effect of the incoming halving?
May be the beginning of market dumping. However, the US government's announcement of selling Bitcoin above 15,000+ I think has dumped the market a bit, and since Bitcoin reached the new ATH, the market may have been dumped a bit. We all know the market will dump before the halving, maybe the market will dump before the halving and after the halving the bull run will start after a few months. But I am not at all worried about this dumping I will buy more if the market goes down and increase my investment more.
let the government sell bitcoin at a price of $15K, that's good and we can just buy it when the dump happens and hold it until next year, because I'm sure the price of bitcoin will rise again. After the halving, there will be several corrections, but this is just a correction, Bitcoin will touch the new ATH again.

42
The way the market is,  I don't think the price will increase in anytime soon and instead it is reducing. And now it as set a price of $57k to $59k range. And there is possiblity that it will be like that for sometimes before it will break out to the next bull market again. So this another good time to buy bitcoin and hodle but this might be a short term investment for those who are interested to invest for short term.
You're correct.
I think Bitcoin is tryna give investors another chance and opportunity to buy before the next bull run kicks in.
Bitcoin price might just indeed decide to stay in the $57k-$59kish range, or it could even decide to go lower than that. I know fully well that this is going to cause a lot of panic and stress amongst investors but it's important to know that one should already be prepared for any price movement at this phase of Bitcoin
It is possible that during a correction the price may touch $50K and slowly rise again to reach the previous ATH. the current price is $59K, we will see whether it will go up or down again. If the price rises, it is possible that Bitcoin will enter a bullish season and touch a new ATH, this is what investors are waiting for

43
Bitcoin halving, a fourth halving, happened several hours ago at block #840,000. From now, Bitcoin block subsidy will be 3.25 bitcoins for each new block.

Let me emphasize, a halving is a beginning of a bull run, not the end. Stay strong, keep up your belief, and hold your bitcoins tightly.

During the bull market, there will be many big tests and if you have weak hands, you will sell your bitcoins and miss the peak of this big bull run.



Holding is the only option for investors because as the new investors think that BTC will pump after the halving but they don't have enough information on "How Halving Works" and now they are stuck.
They don't understand what happens during the halving, they think that during the halving the price will rise, because miner rewards will be cut in half and demand will increase. Even though it's not certain that demand will increase, because I see many big investors who are still waiting. and whales will also play a role here.

44
Bitcoin Forum / Re: High fees is a never ending story?
« on: April 30, 2024, 02:24:56 PM »
The weekend is always low on transactions, it has been that for years, the lowest point is usually right before the working day on Monday begins for Central Europe, that's when Asia is fully awake and back and activity starts picking up in the western part also, you can see that we dropped to 16sat/vb during that time.

Nothing new, it started to look just as road traffic, pretty predictable!

I never come to know about this but sometimes I do noticed something like this, I don't know is real because when I do carry out transaction on weekend, like Saturday or Sunday I usually observed that network fee is always low, but from Monday to Friday I often see it very higher even without the Runes compromising the network that cause the surge of gas fee to that level it was last week.
Usually I make transactions at certain times and not using the daily method like you do. We know that humans need time to sleep and stop all their activities, so I take advantage of opportunities like that to make transactions and so far it is quite efficient because I always get transaction fees. which is quite low.
You are smart in finding the right time to get lower gas fees. I sometimes have difficulty waiting when the gas fee will go down. I tried it several times and avoided rush hours where there is high traffic and in the end I also got a cheap fee.

45
Ethereum Forum / Re: Reason why you hold Ethereum
« on: April 30, 2024, 02:21:48 PM »

Exactly, so far the price of Ethereum has indeed touched $4000 again but Ethereum was unable to do that. Based on data on coinmarketcap the highest Ethereum price was at $4632 and that happened in 2021. Bitcoin has touched a new ATH but Ethereum is the second king of all cryptocurrency coins in circulation have not been able to touch the new aTH.
Yes, ethereum hasn't touched the new ATH yet, so let's just wait, bitcoin is currently struggling and still seems stuck. We wait for the price of bitcoin to touch ATH again and we will see whether ethereum and other altcoins will touch ATH. Lets see

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