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Messages - I-Bit

Pages: 1 ... 3 4 [5] 6 7 ... 158
61
We can completely track MicroStrategy's crypto portfolio at many reputable sources.
Yes, it is trusted source. It is true that they are holding 205,000 Bitcoin now.
The most interesting one is they bought again 12,000 Bitcoin when the price was around $68k. And they keep buying Bitcoin in the last few months. It means they really trust with the bullish of Bitcoin in 2024-2025. Not sure whether they will take profits or not in this bullish season.

In addition, MicroStrategy is also a public company, they are required to declare assets every month to provide shareholders with the latest information about their assets. I believe that when MicroStrategy moves BTC out of its account, those who follow will have a warning for the market to be prepared for any major fluctuations.
Yes. The will always announce their holding assets. We can see clearly about the total number of their Bitcoin.
If they will send their asset to exchanges, there should be a warning like we often saw when whales moved their assets.


62
At first, yes.
Why not? It's one of the services offered by an exchange. So, this is much better for  us to utilize the chance. But unfortunately, Not many people are interested, because the reasons are:
- Less challenging
- Not suitable for real-time trading
- Confused and others.

This is very useful for beginners who want to learn to use the exchange account. and useful for anyone who wants to learn about trading, but you have to be consistent in learning, and leave it immediately when we really understand how to enter real live trading.

63
Cryptocurrency Trading / Re: Bitcoin buying
« on: March 16, 2024, 11:57:26 PM »
Considering the drop we have right now, I think it would be the smartest decision would be to buy it. I get that not everyone feels the same way, but that doesn't mean that we are not going to get anything profitable out of this neither.
Yes, when the market correction is like this, this is a pretty good time to buy BTC again, for accumulation. Yes, it won't be that easy to accept Bitcoin's price drop. However, we are aware and fully understand that there will definitely be a decline in the price of BTC after this very drastic increase. So, it's natural for any correction.

And it's like that, in this case, there will actually be more opportunities to accumulate BTC again. Wouldn't we feel happy because the price is more affordable than a few days ago, right?

64
Bitcoin Forum / Re: Beginning of the Dumping Market?
« on: March 16, 2024, 11:53:18 PM »
The market is currently down, quite down. However, does this mean heading to dump the market? If I say anything more, just make corrections, which will only be brief. In a situation like this, what we should do is be calmer and not panic. Panic will actually make us unprepared and rush into making decisions. Well, one way is to sell out all the coins because of panic, the price has dropped quite a lot. And this is quite unfortunate, because after all, this is just about to be bullish. So, it's just a little lesson for us to be better prepared if one day we actually become bearish.

65
Or did the scenero made you regreted for being ignorant to make your research?
Mind tell us what coin it was?
Regret so much.
Having a few bad experiences can indeed make us more alert, but that doesn't mean we can always avoid quite a few or almost the same problems. I've even gone through quite similar errors several times. That is like:
- just following speculations from several sources without doing your own analysis.
- Believe in the predictions of other people who we ourselves don't understand
- too greedy with very high hopes, even though it's all just hope, without being achieved.

66
DEX token?
I have Cake and UNI.
I personally still really hope that the coins from DEX can still survive and even compete with the others. In the current era, DEX coins are growing really fast. But in this era, who knows whether we can still brainstorm enough or not. But, at least, I still have Cake and UNI. That's all, for now, I'm not thinking about adding more..

67
Actually new coins or token is worth and more profitable earn than old, I think many new coins or token usually have significant movement when first time listing on the market but depend on top market listing or not.
I check and make some research with new coins or token when listing on Binance always pump drastically until few days later but its not worth to hold for long term.
The new coins can be very profitable, but it is difficult to find out the potential new coins. We must understand that not all new coins can be listed in Binance or other top exchanges. If the new altcoins will be listed on the small exchanges only, there will be no big price movement. I think you need to look at all the new coins, don't only look at the new coins that are launching in the top exchanges. If the coins are launched in the top exchanges, surely it will increase very massive.


68
Investing and trading are almost the same and what makes the difference in my opinion is the time spent. Trading means you spend quite a lot of time monitoring the exchange, but for investment you don't need to monitor the exchange too much because you can make long-term investments.
Sure, the time to use in trading is more than investing. If we are trading, we need time to analyze the market and check the update information. When we are trading, we target to get fast profits sometimes. That makes to more often check the price change in the market. We need many times to monitor everything. But if we are investing, we only need to monitor the price change ourselves whenever we want.


69
Cryptocurrency Trading / Re: Bitcoin Hit $70k For First Time.
« on: March 15, 2024, 11:53:02 PM »
The price of Bitcoin touched $73,000, which was the highest in Bitcoin history. This is the highest we have seen in 2024 and we have seen a huge change in Bitcoin which has attracted investors a lot.
It reached $73,750 yesterday. It is the new ATH of Bitcoin, we can reach the ATH before the halving happens. It is not only the highest price in 2024, it is a new record of Bitcoin. All people must be surprised to see Bitcoin price $73,750 but we don't feel so surprised because it is already predicted few days ago. Bitcoin crossed $70k, it may try to reach $75k soon. But it only can reach $73k for a moment.


70
Some people have fixed their target but when they see other people that they are still holding then they forget about their target and follow the other fellows but it become risky for him because this is a behaviour of greed which eventually ends with loss.
I personally won't see how other people invest or trade, I will focus on my target. If we often see how other people invest/trade, we may follow them sometimes. It is not good if we don't have own target and only follow other people. We don't know whether the people can success or not. It is better to focus on our target and take profits if it reaches the target.


71
Bitcoin Forum / Re: What do you think will be the future of Bitcoin?
« on: March 10, 2024, 11:59:32 PM »
Actually the correction only applies to reach a higher number. Don't we always see it every season? Bitcoin will always make corrections every time it rises to a higher price. that's according to my observations while investing in crypto since 2015
It is true. When Bitcoin wants to raise to a higher price, it needs to have a correction firstly. We actually already realize this many times, it is a very usual thing in crypto. If people panic to see the current correction, it means they never learn basic things in crypto. If you have already invested in Bitcoin in 2015, you must know well about it. The future of Bitcoin is no doubt although there is a correction now.


72
Bitcoin is very volatile, we don't need to panic because bitcoin always experiences a 4 year cycle. If indeed we buy bitcoin during the bearish season at the bottom price, if we hold it until it is bullish, we don't need to panic when a correction occurs, hold it until the bullish season and drink tea.
The volatility on Bitcoin price is the basic thing we must know, it is the nature of Bitcoin price. Why we must be panic with the volatility in Bitcoin price? The higher volatility means the bigger chance to get more profits. Yes, we know the 4 years cycle for the bullish on Bitcoin and altcoins prices. So, we can determine when the right time to buy and sell by analyzing the 4 years cycle.


73
Bitcoin Forum / Re: Is Bitcoin Too Expensive For Me?
« on: March 10, 2024, 11:55:13 PM »
We are currently at the top as it recently hit $70k and for me it is to risky to buy as anytime price might fluctuate or fall but if you really insist in buying I think you do it at your own risk. If you are a long term hodler then it doesnt matter buying at the current price just do the DCA thing so you will maximize the profit.
How do you know it is at the top? I think $70k isn't the top of Bitcoin price in this bullrun season, it should be above $100k.
If there are people who want to buy Bitcoin at the current price, it is no problem. But must hold it not a very long time, just hold until the end of the year or the early of the next year. Using DCA strategy is good, but we must ensure that it is still an effective way to use now.


74
Bitcoin Forum / Re: Repeat of the history or a prank?
« on: March 10, 2024, 11:51:43 PM »
Bitcoin now can still grow a little bit, but this is not its maximum level and in this period and sooner or later there will be a correction and most likely more than one, if you look at the charts, it was only recently, not a big one, but it was and you can not expect only a constant upward growth.
A little bit? I think it still can grow massively. You must know that Bitcoin is predicted to raise to $150k. If it can be $150, it is not grow a little bit but it grows very significantly. True, there will be always a correction after a pump. But I see the correction isn't so significant. This just the indication that the price will easily increase more and more. I think we will another higher of Bitcoin price soon.


75
Cryptocurrency discussions / Re: Is the world of crypto amazing?
« on: March 10, 2024, 11:48:22 PM »
We have to look at all sides of this crypto and I'm sure we will find something special. I might be said to be one of the lucky people because I know about crypto and I have even felt such an extraordinary impact in my life after getting to know this crypto.
I think we all here view crypto from many sides. And we also get many benefits from crypto business. Sure, we all are lucky people here because we are aware of the benefits from crypto. But there are many people outside there who don't realize it, they only know the bad side of crypto. This people are unlucky people because they don't know the positive side of crypto.


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