As happening right now, in a speech to the Libertarian Party's National Convention in Washington, DC, the former 45th President of USA Donald J. Trump laid out his many plans and promises for the country if elected once again this coming November to be the 47th POTUS.

Among the many things he discuss is Bitcoin and cryptocurrency, saying "I will ensure that the future of crypto and Bitcoin will be made in the USA" and "I will support the right to self custody to the nations 50 million crypto holders" which of course resonates with many libertarians in the audience.

In between the two leading candidates - the dementia-filled Joe Biden and the still energetic and funny Donald Trump - people are now slowly realizing that the two administrations are so different and that they were better off four years ago under DJT despite, of course, the supposed flaws with his personality.

I believe that Donald Trump is a lot better candidate and can be working great for the cryptocurrency industry if given another chance to be in White House again.

Quote from: SmartGold01 on May 30, 2024, 02:23:45 PM

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.

Quote from: SmartGold01 on May 30, 2024, 02:23:45 PM

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.

Quote from: Rubel007 on May 26, 2024, 06:55:54 AM

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.

Quote from: SmartGold01 on May 24, 2024, 11:11:22 PM

to me the most important thing is for the investor to identify whether to hold for long time or not, when he identify long to hold then it would be very much easier for for him, if look at the market situation now you understand that it could take longer time for the market to enter bull and even as that we still have to exercise patient till the bull trend finally show up since most of the newbie investor can not have more patient for the market increase above how they expected.

Sure, we must think about the goal first before buying Bitcoin. We determine how long to hold Bitcoin whether it is for a short term or a long term, depending on the market trend or the cycle. Identifying the market condition is a must when we make a plan/goal. Also, we must determine how much the profits to achieve. If it is not too high profit, it can be for a short term holding. But if we target to earn a huge profit, it should be a long term holding. Maybe to take 2 cycles, around 8 years. But most people will target to hold around 3-4 years (1 cycle).

Patience is another factor. Even we hold for a short term, patience is also needed. Make sure that we have good knowledge because it also has a big role to influence our mentality. If we understand how Bitcoin investment works, it won't be hard to be patient in waiting for the target. But if we have lack of knowledge, we can be easier to be affected by bad news or FUDs.

If we go by number of populations, we have sport betting as the highest in consideration, though we still have some gamblers whereby they manage to do both altogether, this is also a thing of consideration on what our choice is and how we can manage to be satisfied in doing what we want, gambling should be a satisfaction on our desire as we are not being forced or compelled to do so.

Quote from: SmartGold01 on May 20, 2024, 10:16:08 PM

Quote from: koang on May 20, 2024, 09:09:27 AM

Quote from: SmartGold01 on May 17, 2024, 03:51:09 PM

Currently not having any Dogecoin in my possession but even if I would consider holding dogecoin then I will have to hold it as long as I know it could worth something sustainable in the future than now but, presently I don't consider holding it because I can't trust altcoin for now even though it seems so established I won't hold it instead I can hold ethereum and BNB instead of memecoin.

Memecoins surge, led by Doge, Pepe, and others.
High trading volume reflects market frenzy and bullish momentum.
The overall market cap of Meme coins is up 32%, with several standout performers, but like you, I don't have Doge but Altcoins like Ethereum and BNB are still in my portfolio.
Doge and the other meme coins do not suit my financial goals

I have actually thought about holding them but with some knowledge and much discussion over here made me to change my mind otherwise i could have invested but yet I am not stil convinced over everything, and there was a news i had someone lost his fortune over pepe although i can't really give full details to what happened to the person.

Maybe you should provide more complete information so that people on this forum can read it clearly and not think that your statement is just bullshit. We must provide clear and reliable information. Also include complete sources.

Quote from: SmartGold01 on May 23, 2024, 04:49:00 PM

The trust has been already established what people needs most is patient to hold till the market changes direction, let say for those who are basically expecting the market to change instantly without knowing that the market always has a sequence to follow, and if that is not obeyed then there could be lapses that is why many people makes investment and never exercise patient for the market to soar before selling of their investment.

Before investment investors often say that they will hold their investment with patience but when the time comes they start to create a worried situation for himself and others. If they cannot sustain their investment for a longer time then they should not invest in Bitcoin because the success is not possible for those who cannot wait and control their aggressiveness.

Bitcoin can give you sudden profit but not all the time and when you choose Bitcoin at dip and suddenly the worth increases then you can take profit but this doesn't happen always so you should remember that market changes are regular which cannot be neglected.