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Messages - legend45

Pages: [1] 2 3 ... 121
1
Ethereum Forum / Re: ETH going to 3k
« on: Today at 05:45:51 PM »
Will Eth get to 3k this month?
an old question but worth answering , but isnt better to ask now that if we will be reaching 5k in the next month?
from almost 5k 4,891$ is the ATH of ethereum and now stays at 3k , its best if we will look into that level and not just that old post question .
If there is good news from the SEC stating that it accepts the Ethereum ETF then there is a possibility that the price of Ethereum will rise to $5k, but if there is no then the price of Ethereum will stabilize at the current price and will tend to fall depending on market conditions.
Do you think the Ethereum ETF will be approved, because until today there has been no good news. and the market becomes a dump, is it because of that influence too? because it seems like a lot of people are waiting. The SEC is still studying the proposal, for how long?

2
Bitcoin Forum / Re: Future of Bitcoin
« on: Today at 05:43:23 PM »
The bitcoin technology is in our hands, we have the right  of making decision on how we want to have its impact on our lives, if we go by in the continuation for its adoption, then its going to be sustainable for us to use, but when people are not supporting the use of the technology and there is no increasing rate of adoption over the coin, then it may not be as that easy for us to see it getting to the right peak it could have attained if there were more bids for adoption, so we determine the future and how it stays to remain relevant through our adoption.
Bitcoin give us transparence when making transaction and have feature how faster sending with lower fees around the world then depend on the user will adopt bitcoin as legal currency transaction or not. Not easy some country acceptable for using bitcoin or adopt as legal currency transaction because avoid with the fiat impact in the future will decreasing by how popular bitcoin have function not only as digital transaction only but also could be investment assets for the future.
So bitcoin future I think depend on government each country regulation, they want adopt it as legal payment transaction and avoid with dollar as digital payment competitor or not.
Currently, Bitcoin cannot be accepted as a payment method because the government must have considerations, because Bitcoin's popularity is quite high and it is a threat to FIAT. but I believe that no matter how bitcoin is hindered, digital progress will be irresistible. Bitcoin will find its own way and become more secure in the future.,

3
Bitcoin Forum / Re: Bitcoin bull market correction drawdowns
« on: Today at 05:38:03 PM »
for beginners they need experience, dude. so let them gain that experience by studying the market and determining when to buy. because there must be doubts when buying for beginners when they see a dump market. because they don't have a good analysis of the market
Agree with what you suggest, beginners do need a lot of experience to directly trade on the exchange so that they will know the right time to enter and exit the exchange. So far, there are still many traders who sometimes make wrong decisions and end up losing money because they are forced to sell their assets at low prices.
Becoming a trader requires experience and a long time to learn. Beginners will make some mistakes, but that's normal, because they're still learning. When they have the knowledge and experience they will also become professional traders

4
Ethereum Forum / Re: Why is Ether (ETH) price up today?
« on: April 27, 2024, 01:25:51 PM »
In my opinion, the price of ethereum will only experience a correction in the next few months, the price will be slightly cheaper than now. Maybe at that time we can buy ethereum, but if we want it to be cheaper we wait until the bearish season which is likely to occur at the end of next year
Unfortunately we don't know when bearishness will occur again, because so far the price of bitcoin seems to always have strong support so whales have difficulty making the price of bitcoin collapse. If at the end of next year the price collapses then it will still be too long to buy.
Since the market of Ethereum is directly dependent on the price of Bitcoin, when the price of Bitcoin falls, it is likely that the price of Ethereum will fall. The market has been positive for a long time and from the market positive for a long time now the market has dumped a bit and by dumping a bit the market is trying to settle in that position. If the market stays in its current position then we don't need to worry too much about this market as the market can go up again from here. But the concern is that if the market can't hold its position and if the market takes a big dump again, it will be very difficult to reach the previous position of the market.
yes, the price of ethereum will always follow bitcoin. Marjet is red again this time and altcoins including ethereum are also experiencing price declines. I wonder whether we will experience a bearish season before the bullish season which is expected to occur at the end of this year

5
It seems that Bitcoin has struggled and been corrected for almost a month, but in my opinion Bitcoin still has the ability to rise more than the previous ATH. It's just a matter of waiting, and we also know that news wars also affect crypto prices
It's true, as you have seen, the price of bitcoin has been going down for too long, if there is no good news that can trigger an increase in the price of bitcoin, it is likely that the price of bitcoin will collapse again and more and more people will sell bitcoin at low prices because many will panic.
Even small investors will panic and rush to sell Bitcoin, those who have free money and bear funds will definitely choose to wait. because they understand that bullishness will occur a year after the bitcoin halving. because that's what always happens during a 4 year cycle

6
Bitcoin Forum / Re: Is Bitcoin Too Expensive For Me?
« on: April 27, 2024, 01:16:38 PM »
I see everyone here is talking about the importance of the DCA strategy, inasmuch as the DCA strategy is undoubtedly effective when it comes to bitcoin accumulation, I don't think the OP is asking for the best strategy to use when investing, his question was rather very clear "Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?" And not what is the best investment strategy to employ when investing in bitcoin. Let's try to focus on the actual topic and not deviate. Thank you
To answer this question "Is it appropriate to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?" We can advise the OP to buy altcoins that match the amount of funds, this is done if funds are limited. but if I have large funds, I will choose to buy bitcoin, because I think bitcoin is safer to hold. because I am a holder

7
ETF  Bitcoin has been approved and is already underway, and it's likely that  ETF ethereum  will follow suit. Currently the SEC is just learning. If ETF ethereum  is approved, we will see crypto prices soar. This is the moment investors and traders have been waiting for, so be patient. rest assured that time will definitely come
Bitcoin ETFs have a very easy time process for receiving ETFs, while Ethereum seems to require quite complicated efforts because until now the SEC has not given permission for an ETF for Ethereum. Maybe the SEC realized that there was such a risky issue in Ethereum that they didn't give it easy permission to get into an ETF.
Bitcoin is easier to get ETF approval, because bitcoin is the King of crypto currencies, more popular and safer than ethereum. The SEC needs time to review Ethereum's ETF proposal, so just wait. I am also waiting for good news from ETF

8
Ethereum Forum / Re: Ethereum vs of BNB Platform
« on: April 27, 2024, 01:11:15 PM »
That is the reality that happens, whales don't have large transaction costs because the profits they get are much bigger. Even though not all whales are like that, it's possible that whales only see profit and don't care about the costs. Maybe this is a mistake in the Ethereum team's consideration as to why it doesn't prioritize resolving the high gas fee problem
If we look at Ethereum's gas fees, currently it seems to have become very cheap, when Ethereum transaction fees increase it shows that the Ethereum network is being used a lot to carry out transactions, causing gas fees to increase quite high.
Ethereum, in my opinion the fees are expensive. Even if it's cheap when traffic is low, many investors and traders wait for that time to make transactions. DEveryone hopes that Ethereum gas fees will be cheaper, and the team has a solution to this problem. Although whales don't care about gas fees

9
Bitcoin Forum / Re: Impact of Halving on Bitcoin Mining
« on: April 27, 2024, 01:06:19 PM »
The media always takes advantage of important moments in the economic world, Crypto currency is also an important factor for its fans. Bitcoin halving is quite interesting news to discuss. I am part of the people who are waiting for the impact of the bitcoin halving and are still waiting until now, because I see that it has not had a good impact on bitcoin and altcoins
Bitcoin halving will always be discussed once every 4 years, if they have passed the halving period then there is nothing interesting anymore, because the next season will definitely be bearish where many coins will collapse. The impact of the halving makes Bitcoin increase due to a cut in the profits from mining Bitcoin, making the price expensive.
Because Bitcoin halving is exciting to discuss, that's why the media is discussing it. and after the halving, the media will feel quiet. That's natural, because in a bear season, almost all investors are just waiting to buy the bottom position, and plan to hold it for the long term

10
Indeed we have to find something that we think is our fashion, when we have found it we will be easier to live it. Like for example in this crypto field, I feel this is part of my fashion and I won't miss it.

But our journey to find something that we have more expertise in it, it is something that is not easy at all, there is a long process that we must do to find everything and it requires hard work.
That is the process that we have to face because success requires a process that is quite difficult to do, but as long as we want to always try to be the best with the right methods, the process of becoming rich will be enjoyable. Memories of the hard work done when you were young will be able to be told when you are old.
Becoming a fighter is not easy, most of them fail when going through a difficult process. but if successful he has a story in the experience he had. Likewise, learning to trade in crypto, when seeking experience and learning, we will be faced with a painful experience, namely loss

11
Cryptocurrency Trading / Re: HODLing Altcoins
« on: April 27, 2024, 01:01:20 PM »

Determining the target selling price in market conditions like this certainly does not need to be a fairly high price because it carries a very high risk, it is better to determine a price with a profit of 10-15% which is sufficient. After that, wait until the altcoin price collapses again and buy again.
Targeting a 10% profit in the short term is reasonable. Moreover, currently Bitcoin seems to be struggling to rise to more than $70K. If you are patient, it's best to keep holding and wait for the market to improve. but if you want short term profits, you can target selling with a target of 10%
It seems that the price of bitcoin is having difficulty increasing in price because it seems that currently the price tends to stabilize below the $70k mark. With price movement conditions like that, it will make it difficult for us to make a profit of 10% every day.
Maybe we could take a bigger risk by trading in a new meme coin, but this is very high risk. If you don't have experience, it's best not to do it. If you want to be safe, become a holder. This is safer to do and of course requires capital that really won't be used in the near future

12
Cryptocurrency Trading / Re: Hold and trade which is best for you?
« on: April 27, 2024, 12:59:05 PM »
Agree with your opinion, if we have a main job in the real world, long term holding is the best way to do it. Because daily trading will take up time and focus, and it cannot be done while doing work in the real world, because both of them will not be optimal and not focused
There is no other way than to hold assets for a long time, because it is impossible to trade and always monitor the exchange, because the time we have is used up for activities in the real world. Focus is the main factor in trading so that you don't make wrong decisions.
Trading can be done if we have a lot of time and always focus on monitoring the market, I don't have much time. I only trade during my free time, because I am busy with work and family. Holding is my favorite way to invest in crypto

13
Bitcoin Forum / Re: SHOULD I CARE ABOUT BITCOIN HALVING
« on: April 27, 2024, 12:01:27 AM »
Halving is still important, if bitcoin never had a halving we would not see a bullish season after the halving. When miners' rewards are cut, supply is limited and the price of bitcoin rises. Maybe some people say it doesn't affect him, maybe he doesn't follow the 4 year cycle
With the halving, it will have an important influence on the price of bitcoin, as you can see the movement of bitcoin prices from 2009 until now which has increased very sharply is due to the halving which ultimately makes the price of bitcoin always increase from year to year because it will be increasingly difficult to earn bitcoins.
That's right, halving is very important, because with limited supply the price of bitcoin will rise. We have also seen halving several times, and this halving is a little different from before because bitcoin reached ATH before the halving, hopefully bitcoin will reach ATH again after the halving

14
Bitcoin Forum / Re: Invest & Hodl Bitcoin!!
« on: April 26, 2024, 11:30:38 PM »

Agreed, the winners are those who buy early during the bearish season and hold for the long term until the bullish season. Becoming a holder requires capital and it must be truly free, not to be used in the near future. And lucky for those who can do it
By buying coins during the bearish season it is a very smart idea, for now it seems like we have to exercise patience to buy coins at cheap prices because the bearish season has not yet come.
Prepare your USD, because it is likely that we will see bitcoin experience a deep correction, and you can buy coins that have the potential to be bullish next year. In my opinion, the bullish season will occur at the end of this year or early next year.

15
Binance Smart Chain + Ecosystem / Re: Binance Smart Chain platform
« on: April 26, 2024, 11:25:18 PM »
The security of the ethereum network is guaranteed, because this is the oldest network.  BSC and Solana have shown their advantages with cheaper gas fees and better speeds.
 We are talking about future opportunities, Solana and Binance smart chain will probably become more popular than ethereum, because currently many have moved to BSC and Solana.
That's right, Ethereum is one of the altcoins that has a smart chain network that is quite old and many platforms that use the Ethereum, BSC and Solana networks have networks with very low costs for creating new smart contracts. But many irresponsible people take advantage of it by creating tokens or projects that end up being scams.
If the network is cheap, of course it will attract fraudsters to create fake projects that are used to seek personal profit by deceiving other people. what we see currently happens a lot on the BSC and Solana networks.
See it's true that fraud is happening everywhere, not just on Binance Smart Chain and Solana. We used to often see fraud on the ethereum network. so it's best to do your research before investing. A cheap network, as mentioned above, makes it easier for fraudsters to commit fraud with less capital.

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