Quote from: TopT3ns on April 26, 2024, 05:52:07 AM

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.

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.

I am not really sure with this. It is true that crypto is high risk but the profits will depend on the strategy to do it. Even if having good analysis, it won't result in good profits if we use the wrong strategy. People who switch their assets from gold to Bitcoin, they know the potential (advantage) of Bitcoin. They know Bitcoin can give bigger profits, so they want to try their luck in Bitcoin.

It's true, when trading in cryptocurrency we have to pay attention to what we do, not many people are able to trade well and correctly, so sometimes professional traders will use several techniques to make trades that can provide a lot of profit.

but some news is circulating that it is possible that the SEC will approve an Ethereum ETF. even though those are just assumptions and predictions. Let's just see in the next few months, because it could be accepted or maybe the SEC will reject it.

It is still possible that the SEC will approve the ethereum ETF for quite some time because it seems that the ethereum developer has not yet provided the improvements that the SEC is interested in. I am sure that if the SEC has given approval for an Ethereum ETF then the price of ethereum on exchanges will increase.

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.

The possibility that Bitcoin will reach $100K is still reasonable. Maybe it won't happen in the near future because global economic conditions are not good due to war and inflation. but maybe next month we will see bitcoin move in a better direction and the price of bitcoin will rise above $80K

It's true, the price of bitcoin has the potential to reach $100k but reaching that price seems to be very difficult. So far bitcoin has never had a history of setting a new ATH in the same year. Maybe bitcoin will reach your desired target at the beginning of next year.

That's right, there are coins that have a greater chance of providing greater profits than ethereum, we can also invest there. but if we compare which one is safer and will provide profits even though it is not as big as other coins, I will choose bitcoin and ethereum as priorities and other coins as alternatives.

I think a coin that has the opportunity to provide greater profits will definitely have a very high risk, I don't dare to make a decision like that because it concerns the capital money I use for trading. So I also prefer to take safe action by buying bitcoin and ethereum as you said.