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.