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Messages - UNIVERSE

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1
Since last two years bitcoin dropping under $20k and right now success break out new ATH its impossible has second opportunity for bitcoin dropping below $20k again. Seems impossible for bitcoin how decreasing more than 60% raise under $20k behind many people or investor keep holding their bitcoin for expecting will raise above $100k.
I didn't say it is impossible to drop under $20k again. But it is unlikely to happen in the near future, specifically during the bullish season. We all know that Bitcoin will tend to keep growing its price during the bullish season. It even usually creates a new ATH, and it already happened in this year. But if we consider the history of the previous cycles, the peak should be in the second year of bullish season.

Ethereum ETF approval make bitcoin more strong and get trusted from many investor for the future will increase more higher price, its lucky for investor brave buy back when bitcoin decreasing under $20k last two years ago and right now earn much profitable above 200% more.
Unfortunately, the news only brings temporary impact on the price movement. Few days ago, the price of Bitcoin can be above $71k but it dropped again to $67k. If it is the only impact on the price, it won't have a big influence for the long run. Sure, people who bought Bitcoin below $20k must have big profits now. But I guess they keep holding until Bitcoin hits $100k.

This is to show that bitcoin price are always being moved by positive news and the price can't be stable or being stationed in a particular price level.
Bitcoin price possibly moves by bad or good news. However, it is probably temporary movement. No, the price of Bitcoin will never be stable, Bitcoin price will always fluctuate. It is the nature of Bitcoin, so it is impossible that Bitcoin price will be stable.

When investing in bitcoin we should know that it's a long time project couples with the 4 years cycling movement which we should know as an investor that there is every possibility that the price gonna change anytime any moment vice versa.
Most people who understand the cycle, they should invest for 3-4 years at least. They know 1 cycle to take 4 years, the price will hit a new ATH in the next 4 years. So, people probably adjust their target with the cycle. People must analyze the pattern of the price increase from the previous cycles.


2
The market position is unlikely to go much deeper at the moment. Moreover, we are in a bullish trend. Soon we will see another Bitcoin rally. Although we cannot give 100% assurance about this, the overall situation of the market indicates so. Bitcoin is in a reliable position while we are aware of the Ether ETF approval. This sign will definitely help the market to be more bullish. Bitcoin will get dip but we should not expect a dip which is impossible. Expecting Bitcoin price below 20k is nothing but foolish.
It can go deeper, means there is a possibility of a decrease in price.
But to drop to $20k, it is surely something impossible. No way that the Bitcoin to drop again to $20k.

Bitcoin already increased to $71k in the last few days. But it drops again like usual, the price should have a correction before the next jump. I think it is normal, we don't need to think about it too much. Sure, after the news of Ethereum ETF approved, Bitcoin price increases again. With the good news, $100k looks possible to be achieved.


3
You don't believe that bitcoin price will reach $100k..try to relax and learn how to be a long term hodler who only believes on building his bitcoin portfolio and not anxious of the price of bitcoin to reach a very high price, because the current price is still good for accumulating more bitcoin. I believe that the new ATH to be recorded when bitcoin price reaches its peak will be above 100k,but no one knows when. I also have plans of selling a little fraction of my bitcoin investment at 100k, so I am patiently waiting.
It is no problem if there are people who don't believe Bitcoin to reach $100k. Everyone has their own consideration related to the prediction of Bitcoin ATH in this season. I have few friends that never believe in Bitcoin to reach $100k, they claimed the current cycle looks not having very massive increase on Bitcoin price.

If we trust it, just keep holding until Bitcoin to reach $100k. Sure, it is possible, I also still believe the Bitcoin may reach $100k in 2024-2025. But we must have a second plan if the Bitcoin really doesn't reach $100k. We need to always update our information and monitor the price change.


4
Bitcoin Forum / Re: Don't buy bitcoin only because of FOMO
« on: May 29, 2024, 11:21:18 PM »
It's best to buy bitcoin when it's bearish, where prices were still cheap two years ago.  Because currently the price of bitcoin is very expensive.  I'm not buying bitcoin right now, but I'm just holding butcoin that I bought a year ago.  Currently I only do short and medium trading in altcoins.  I think this is the safest.
Of course, the bearish season should be the ideal time to buy Bitcoin as many as possible. 2022-2023 was the time of bearish season, I guess many people already bought many Bitcoin at that time. We know Bitcoin ever dropped its price below $20k, we already get good profits now if we bought Bitcoin at that time. Sure, if we compared the price in 2022, the current price looks quite expensive.

Well, it is good that you already have enough Bitcoin. So you have sold your Bitcoin or keep holding? Yes, trading in altcoins is a good choice, we can earn profits faster with trading altcoins.  :)


5
Bitcoin Forum / Re: Invest & Hodl Bitcoin!!
« on: May 29, 2024, 11:01:39 PM »
Polygon matic is very cheap but I don't see a very good future for it. Many people who have invested in polygon matic are now in despair. But BNB and Solana coins have a bright future even though they are overpriced. But if bitcoin is the best investment buy and hold bitcoin I think there is no better investment. Whatever you do invest in Bitcoin first then plan to invest in something else. Bitcoin is a currency that doesn't follow anyone else's path Bitcoin moves at its own pace.
Not only MATIC we have some other top altcoins with cheap prices. ADA, XRP, TRX, and HBAR are also cheap. If we want to diversify assets with cheap altcoins but they should be recommended coins, those altcoins can be the best options. Anyway, I think BNB and SOL are not overpriced, they still can't reach their ATH. And those coins also have big potential to skyrocket if we have altcoins season in 202-2025.

Agree, Bitcoin should the priority. Investing in altcoins is no problem but we must have Bitcoin for the main asset. We must understand that Bitcoin is the safest investment in crypto. It is because Bitcoin has a clear cycle, we know when the dip and the possible peak of the price.


6
Bitcoin Forum / Re: Is Bitcoin Too Expensive For Me?
« on: May 28, 2024, 10:35:08 PM »
Seeing the high price of Bitcoin, we can make gradual purchases using the DCA method. I think many members here have done it. This is a good method, but in my opinion it would be more appropriate if you started doing it 2 years ago. Currently I am more focused on buying during corrections and selling during bullruns.
Whatever the price of Bitcoin, we always can use the DCA method in collecting Bitcoin. Sure, it should be done for a long time because it takes time to have good number of Bitcoin with the DCA method. We mostly buy Bitcoin with small number of Bitcoin if we use the DCA. Yes, ideally we already started using DCA since 2022 and we may continue it until now. If we do it, we probably have good number of Bitcoin as our assets now.

Yes, DCA is very effective in investing in crypto, because we can buy in stages with the money we have.  Say did that, using money from trading.  The profits from trading I bought bitcoin using the DCA method.  Maybe many members here have done it.
DCA is a good method, but it doesn't guarantee earning huge profits. To make it be effective, we must understand well the cycle of bullish-bearish. So we can decide the right way in selling the Bitcoin, we must know how to determine the best time to exit (selling) the Bitcoin. If we can sell at the peak of the price, it will be effective.  ;)


7
Cryptocurrency Trading / Re: Don't be in a Rush
« on: May 28, 2024, 09:07:36 PM »
-    It's hard to read the movement in the market; if the veterans or experts are still mistaking their technical and fundamental analysis on the trading chart, how about people like me who are not like them yet? That's why the key to the safest things that other traders do is long-term and DCA most of the time.
What movement?  :-\
If you mean the trends on the market, it will always change.
However, we can predict the change by analyzing some factors. We can analyze chart patterns and current news/issues at least. By analyzing these factors, we can understand what probably will happen or what trends possibly comes in the near future. I think it is common knowledge that every investor/trader should have. Yes, most people mostly know them with the term of technical and fundamental analysis.

Regarding DCA, it is another matter. We know this is one of the strategies in collecting more coins in a long term investment. If we have no much funds, we can do DCA to gain our assets gradually. Many people use this strategy due to the effectiveness in gaining assets although having limited funds only.

Read below why it is good to use DCA:
- https://uncommoncentsinvesting.com/financial-planning/10-benefits-of-dollar-cost-averaging/


8
Cryptocurrency Trading / Re: Trading is not same thing as Gambling
« on: May 28, 2024, 03:33:22 PM »
Gambling is for leisure
Trading is for income/profit making
Gambling is a fun matter, people gamble mostly through the games.
Trading is a serious matter, people do trading for a profession/job. True, they get profits in trading.

With these two then you could already tell on whats their main difference on which of course when it comes to risk level then this is something that you would really be able to differentiate and of course you would really be needing up to make yourself that determine on how you should really be gonna dealing with it.
The risk level is so much different. Gambling is surely higher risk, it even mostly depends on the luck only. The chance of success is not so high in gambling. It is different with trading, the risk can be lower if we have good knowledge. So, the key is about our knowledge, it determines the success. Even if no guarantee 100% but people who have better knowledge in trading, they always have bigger chance to be successful.

It would really be that impossible that you cant really be able to make yoursel see those differences and on how you would be needing to act according into it.
If we have good knowledge, we can understand how to trade in a proper way. We can consider many things if we have good knowledge. Finally, it can lower the potential of losses. People who understand how trading works, probably have good chance to be successful. This never happens in gambling.  ;)


9
Cryptocurrency discussions / Re: The impact of crypto on our lives
« on: May 28, 2024, 10:11:06 AM »
Actually, I also see why there are still countries that prohibit crypto, even though in several countries the government has started to legalize crypto for investment. The government of the country that prohibits its citizens from investing in crypto should learn more and deepen their knowledge about crypto,
We have no ability to force all the countries to accept crypto. Sure, there are already many countries that legalize crypto because the governments know the potential of crypto for the future life. However, if there are few countries that still don't legalize crypto, they may have own consideration. In my country, our government only allows to use crypto as digital assets and it is prohibited to use for payment purposes. It is because only our local currency is allowed to use for the payment purposes in my country. Our government doesn't allow crypto for payment purposes because they follow our laws, it is not because our government has lack of knowledge. So, it is not about knowledge only but it is related to many factors.



Legality of crypto in each country around the world.



https://en.wikipedia.org/wiki/Legality_of_cryptocurrency_by_country_or_territory


10
You don't need to have trading skills before you can become successful in your bitcoin investment if you tend to hodli for long.
Of course, to be successful in investment, it is not necessary to be skillful in trading.  :D
Moreover, if it is for a long term holding, we just need to be patient to wait for the bullish market. Mostly it needs to hold for 3-4 years, but it can be longer if the target is higher. Also, sometimes it is needed to update the information about Bitcoin and crypto as a whole.

It is easy to hodli if you are using the right amount to invest in bitcoin without over doing it. This is because people keep their savings in the bank for many years without touching it because they don't need it.
What do you mean by right amount?
Sure, we must invest with safe money. It won't be a big pressure, holding will be so worried if it uses safe money. It is also a lot of fun because it will earn profits.

This is why I am always baffled to hear that someone is investing in bitcoin for short-term and when he run at loss, he will be crying. Bitcoin investment is like every other invest or business that you set up or just started. You don't expect your new business or investment to give you a big profit that you should give to you in ten years time.
Nothing wrong if someone wants to invest in a short time. It can be for few months or a year, depending on the target and what the season is. In the current season, I think some people just hold for few months. If there is a huge pump, they may take profits immediately. People may not hold too long because they know there will be bearish season. In the bearish season, the price tends to drop again.



Here is the data of bullish season:



https://thedefiant.io/news/research-and-opinion/charting-history-s-rhyme-understanding-the-cyclicality-of-crypto-markets


11
Bump!!!

Izin Om moderator Indonesia. Karena thread Bounty Signature Berbayar Top Coin (BTC, USDT, ETH) sudah dilock. Saya share informasi tentang sigcamp paid Bitcoin di sini ya.

Untuk yang menjadi peserta sigcanture campaign Coinomize, ada perubahan sedikit untuk aturan post. Jarak waktu (time gap) antara 1 post dengan post berikutnya dirubah menjadi 30 10 menit. Jadi pastikan jarak antar postnya 30 10 menit mulai minggu ini. Selain itu ada limit jumlah post per harinya, sekarang maksimal post yang dihitung per hari hanya maksimal 6 post saja. Perubahan ini kemungkinan dikarenakan adanya laporan dari examplens mengenai burst-posting. Harap lebih teliti untuk teman-teman yang menjadi peserta.



Semoga informasi ini bermanfaat. Terima kasih  :)



Sumber informasi terkait:
- https://www.altcoinstalks.com/index.php?topic=313387.0
- https://www.altcoinstalks.com/index.php?topic=62493.msg1562184#msg1562184



Update : 30 menit dirubah menjadi 10 menit karena ada masukan dari beberapa member.


12
Biasanya yang menganjurkan membeli coin/token tertentu itu orang yang terlibat dalam project cryptocurrency-nya atau bisa juga influencer yang memiliki referal atau memiliki kepentingan dengan project tersebut.
Ada beberapa golongan yang kemungkinan menganjurkan untuk beli koin tertentu.
1. Developer/Tim
2. Campaigner
3. Ambassador
4. Army
5. Expert

Dari kelima golongan di atas, biasanya yang paling vokal itu Campaigner, Army dan Ambassadornya. Terutama Army ini, mereka sering bikin rame di channel-channel sosmed.

Bisa jadi tergiring opini dari banyak media yang diikuti, semisal banyak yang memberitakan tentang kenaikan harga Bitcoin yang beberapa waktu lalu naik cukup tajam dan mencapai ATH baru bahkan sebelum halving, sehingga tergiur 'ikut' masuk meskipun mungkin bukan diwaktu yang pas. Namun untuk Bitcoin, secara fundamental sudah terbilang kuat didukung komunitas, sementara coin-coin 'micin' jelas perlu kehati-hatian yang lebih ekstra terlebih jika komunitasnya belum begitu terbentuk.
Mereka yang mudah terpengaruh, biasanya orang-orang yang belum punya background di bidang investasi crypto. Mereka hanya fokus ke advantage atau profit yang berpotensi bisa diperoleh dari crypto. Mereka tidak berpikir tentang resikonya dan seperti apa cara untuk investasi yang benar. Orang-orang seperti ini tidak akan tau mana koin yang layak beli dan mana yang tidak. Makanya mereka masih juga banyak yang terjebak ke koin-koin crypto buatan artis Indonesia yang tidak jelas fundamentalnya.

Kalau terjebak investasi Bitcoin, masih mending. Cycle nya Bitcoin itu jelas, mereka kemungkinan juga akan lebih mudah mempelajarinya. Tapi yang sulit itu kalau terjebak di shitcoin atau random coin.


13
Bitcoin Forum / Re: Has the bear market started?
« on: May 27, 2024, 12:50:06 AM »
Yes we are seeing real character of market. Market gradually increasing now bitcoin price touched $70k again. And it will be continue i strongly believe.
Not sure what you mean by market real character, but market will be always volatile. There is no way that Bitcoin will be always in a certain price, it should fluctuate. It ever dropped to $56k after it jumped to $73 few weeks ago, but it is true that Bitcoin can cross $70k again recently. Even if it dropped to $68k now, I also believe the price will keep growing. It will return above $70k again in the next few weeks.

And your prediction is correct within very short time bitcoin price correction has been passed and now bull session started i think. And within short time we will see real bull session.
Bullish season already started few months ago. Even before the beginning of this year, we already saw an early sign of bullish season. Sure, the green market will start again when everything looks good. We have no more FUDs, we have good news now. I heard it is related to Ethereum ETF. Let's see how long the green market to last in this time.


14
Bitcoin Forum / Re: Trump Supporting Bitcoin, Crypto
« on: May 27, 2024, 12:40:08 AM »
Actually, we don't really know whether Trump really supports Bitcoin/crypto or he only wants to gain attention from the community of crypto industry. If he can get a support from people who love crypto, it should increase his chance to be elected as the next president of USA. And even he really supports crypto industry, his mind can be changed when he is already a president of USA. It is because of many things to be considered if he want to make a policy as a president of USA. So, it is difficult to trust Trump. However, Trump is better if Joe Biden is likely not supporting crypto. Not sure it is caused by Biden or not, but SEC becomes aggressive in the era of Joe Biden.


15
Basic Questions about Cryptos / Re: Invest or bounty?
« on: May 25, 2024, 11:58:48 PM »
Bounties are a good step to take to fill our free time by doing tasks, this is good if the bounty we participate in is really wort. but if it is just a scam project, we will definitely be disappointed because our time was wasted.
No one wants to join the bounty of scam projects. People usually know it as a scam project when the bounty is over already. Many new projects look very convincing when they are in the promotion period such as launching the bounty program. But when the promotion program is over, the project can disappear. People just realize it is scam, after the project is no longer active.

Yes, it just wastes time and effort to join the bounty of scam projects. We sometimes already do a research, but it is still difficult to determine the scam projects.


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