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Messages - de_prof

Pages: [1] 2 3 ... 104
1
Cryptocurrency discussions / Re: Are you buying now?
« on: May 04, 2024, 11:43:01 PM »
The current market conditions are volatile so investing at this point may seem more risky to many. But this is an opportunity for those who want to take risks. And for those who are following the DCA strategy, this is not an opportunity but a regular job. I think the ones benefiting the most from this bearishness are those who doing DCA. If the market turns bullish again in the next few days or if it takes another 1 month, no problem, the bearish market is acting as an incentive for those who are doing DCA. I am still buying and will continue to do so until the market turns bullish.
If you keep doing this, I think you will be much more successful. I think those who are not afraid of the volatility of the Bitcoin market and are constantly growing their investments using the DCA method will have the most success. There are still many people who are waiting to buy from many dips to invest but just imagine if the price of Bitcoin doesn't rise you won't be able to invest before then so it's always better to use the DCA method to invest even if it doesn't. If the market is a bit more volatile and goes deeper, it should be bought from there.
There are many advantages to buying bitcoin using the DCA method, because we can buy in stages. I do daily trading and get profits from that trading, I do DCA with trading profits. This really helps me to increase the number of bitcoins I collect.

2
If we buy during a bearish season and get a bottom, we can sell our coins when we make a profit. Even though people think we sell at a low price, as you said they don't know what price we buy at. and always be grateful for the benefits we get, we enjoy life better if we always feel like we have enough

If we feel happy for our little achievements too then there will be no chance to regret the past but everyone cannot do this because currently everyone is in struggle to earn more than the other person but no one becomes satisfied with his own money ever.

We should not decide according to the will of people but we have to think for our own will because if we lose or win nobody will give us money so why do we copy others in our whole life?

One should just think about his own profit no matter what others do because neither they know about our buying price nor we know about their buying price so we can make better decisions for ourselves if we ignore the concept of greed and following other people.
In making decisions we have to do our own research and analysis because the risk is in our hands. don't follow other people. Like what you said, we don't know their buying price, so we don't have to sell it the same as them. Everyone has their own considerations and decisions,

3
Bitcoin Forum / Re: Future of Bitcoin
« on: May 04, 2024, 11:26:29 PM »
If you feel Bitcoin is too expensive to buy, it's best to buy it according to your ability or according to the funds you have. Because in the next few years, the price of bitcoin will be more expensive than today. buy while you can and it's still cheap, because the price of bitcoin will probably be more than $100K

Everyone can buy Bitcoin according to his saved cash and there is no burden or force of investment on any person until he makes the decision of buying by himself. Decrease and increase can happen anytime but I think in future there will be more inflation and you will also be not able to buy Bitcoin at that So if you have some money then buy it now as in future the price will be higher.

Just put a little amount which you can easily manage but if you don't have any money then don't think to take money from others to invest in bitcoin because that will become a burden for you and you will not be able to enjoy your Bitcoin investment.
I agree with your opinion, if you want to buy bitcoin for the future, then you should buy it when the price is still low. but currently the price of bitcoin is high. Maybe at the end of next year we will experience a bearish season, at that time you can buy bitcoin at its lowest point and hold for the long term. because the price of bitcoin will be more expensive in the future.

4
Ethereum Forum / Re: ETH predictions of next week.
« on: May 04, 2024, 11:18:01 PM »
Luckily for those who bought Bitcoin when it was bearish last year, maybe now they are enjoying the profits. currently we see the market strengthening again and the price of bitcoin rising, hopefully we will see altcoin season soon because there are still many altcoins that I hold
It's true, when last year's bearishness the price of bitcoin reached its lowest price and was quite deep, this was an opportunity for whales to buy at cheap prices, I feel that the collapse of the price of bitcoin at that time was deliberately done by the whales to withdraw profits and sell bitcoin at a low price. quite a large number. After they sold most of the bitcoins they had, they gradually bought more bitcoins and made the price increase again to what it is today.
That's how whales play, because they want to make big profits. they will buy when bears hold it and sell during the bullish season after the bitcoin halving. and maybe there are also those who have sold it when bitcoin reached ATH $73K, or are selling gradually waiting for next year. And we as small investors can only follow the whales' game.

5
Binance Smart Chain + Ecosystem / Re: What is BEP20 Token?
« on: May 04, 2024, 11:12:10 PM »

Good advice friends, if we have BNB on Binance we can join the Launpad program there. because I also spend a lot of time on Binance for trading, apart from being a holder. because those two, trading and holding, are my focus when investing in crypto
Binance has many functions that we can make good use of, all we need to do is explore all the features that Binance has and try to make a profit from the programs that Binance provides to its loyal users.
[/quote]
yeah there are lots of features on Binance Exchange, and if we focus on trading we should be able to learn them there. Binance provides many facilities for making investments, actually not only for traders, if they want to stake they can also do it there.

6
Bitcoin Forum / Re: Future of Bitcoin
« on: May 03, 2024, 04:39:53 AM »
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.
For now only people who have high confidence in Bitcoin are interested in adopting Bitcoin because some people think Bitcoin is too expensive even though Bitcoin has great potential to reach the price of $100k.
You're correct when you say that only those who have high confidence in bitcoin are actively adopting and investing in it at this point in time. And to be able to develop this level of confidence, one needs to believe in Bitcoin's long-term potential and overlook the short-term fluctuations, because only that way can one successfully invest in bitcoin right now.

A lot of investors right now might probably be hesitating or have conflicting thoughts and emotions due to the current market price, because they believe Bitcoin is now too expensive to afford despite the potential of bitcoin to reach $100k.
If you feel Bitcoin is too expensive to buy, it's best to buy it according to your ability or according to the funds you have. Because in the next few years, the price of bitcoin will be more expensive than today. buy while you can and it's still cheap, because the price of bitcoin will probably be more than $100K

7
Bitcoin Forum / Re: High fees is a never ending story?
« on: May 03, 2024, 04:29:52 AM »
The immediate increase of transaction fee is cause by a network congestion. So we need to focus on how we can solve the congestion. This similar problem is trying to be solved by the second largest cryptocurrency which is ETH but it won't work. If ever the time will come that the network congestion is solved, the problem of high fees will never end. When the price of Bitcoin increases, as well as the fee.
Yes, when traffic is high there will be an increase in gas fees, this makes many investors complain. Ethereum does not have a high gas fee solution, because it is still expensive until now. This is what makes users switch to Binance smart chain, Solana and Tron.

8
Bitcoin Forum / Re: SHOULD I CARE ABOUT BITCOIN HALVING
« on: May 03, 2024, 04:26:19 AM »
In fact, there is no compulsion to make everyone care about the Bitcoin Halving event,... but based on the history of Bitcoin Halving that has occurred, we have encountered a bullish market movement which has caused many holders to gain large profits in a short time. The price pump occurred after the halving... and it clearly made many people experience an increase in their portfolio.

So... anyone has the choice to care or not care about the Bitcoin Halving... and because I want to take advantage of this moment to gain greater profits, I decided to care about the 2024 Bitcoin halving moment this time.
Yeah maybe it will only serves as an indicator of something like an accumulation period for holders. For serious investors I think halving has significance but for us who can do nothing about the event I think we just don't mind it.
In fact, halving is always important for those who have bought bitcoin during the bearish period, to determine what price Bitcoin will reach after the halving. I myself am waiting for the halving because, I planned to buy bitcoin and several altcoins when it experienced a correction and I have done it here, bought solana and BNB

9
Bitcoin Forum / Re: Has the bear market started?
« on: May 03, 2024, 04:23:51 AM »
Bitcoin price touched $65k to $56k in just two days. Bitcoin price is in full bearish current position, maybe we are going to reach bull run very soon. Do you think we are headed for a bitcoin bull market or a bear market?
I Believe now happening biggest correction for bitcoin, and i think within short time bitcoin price will bounce and Bitcoin price will gradually go for new ATH, which will historical moment for bitcoin and cryptocurrency lovers.

After Bitcoin halving Bitcoin price decreasing thats means it is correction. Near future bitcoin price will come back to his real position. I think future will be bull session and bitcoin price will hit another ATH.
I agree with this, the market condition after the bitcoin halving is just a correction, and the price of bitcoin will rise again and touch the latest ATH, so we don't need to panic. This morning the price of bitcoin strengthened again, hopefully it will continue to reach more than $70K again.

10
Ethereum Forum / Re: ETH predictions of next week.
« on: May 03, 2024, 01:49:16 AM »
Bitcoin is the King of crypto, so it is natural that bitcoin movements will influence the price of other coins. Let's just see, when the price of Bitcoin fell, almost all coin prices also experienced a sharp decline. but this is still a correction so keep holding and hold until next year
Even though bitcoin is the king of all existing cryptocurrencies, unfortunately it still has very high risks and there are still very few countries that accept transactions using bitcoin, perhaps they realize that the very fluctuating price movements of bitcoin make them afraid to use bitcoin as one of the transactions used.
precisely because of the volatile nature of bitcoin, many investors choose to invest in bitcoin, because we can get big profits from this more quickly.
If we bought it during the bearish season last year and held it until now, we would of course have made a big profit and would not be affected by the current market correction. Isn't that right,  dude ?

11
Cryptocurrency discussions / Re: The impact of crypto on our lives
« on: May 03, 2024, 01:45:51 AM »
Only invest in crypto if you have got spare funds to invest, because crypto market fluctuates rapidly and there is a risk of manipulation. It will not be a good idea to invest in crypto by selling your fixed properties. There is no guarantee that you will gain profit, you may end up losing all. So be careful.
I agree with your suggestion, if we want to invest in crypto, we should use funds that are free and we don't need them in the near future. because we know crypto is fluctuating and difficult to predict. but if you sell property to buy bitcoin during a bearish season, buying at the lowest price is also the right decision. because bitcoin is more profitable than property

12
Cryptocurrency discussions / Re: Are you buying now?
« on: May 03, 2024, 01:43:15 AM »
I am not buying now because I am waiting for the final dump as i am already having my sets of good coin collection but i will not deny myself from buying again once bitcoin drops to 50k and below before the bull comes sooner.

Many might not agree but what you are doing is wise based on how the market is behaving currently. Even though we are passed the halving event and the market generally goes up after this point based on historical data, there are no clear signals as to which direction the market might move next, so those who have bought their favorite assets earlier and are holding, they don't need to be in a rush and buy more before the market makes a clear move.

This way, if the market starts going up, you have nothing to worry about because you already have some cryptocurrencies to give you good profit, and in case the market takes a plunge and goes down, you will be able to buy and add more to your bag, so it's a win-win situation if any of the two happens.
thanks for the support mate and yeah my waiting has come because yesterday bitcoin drops 56k and yeah I have used all my
remaining available funds to purchase bitcoin again and for this i really believe in my instinct than listening to those who delivers
speculations that mostly doing just to fool people inside the market with no valid proof of what they are saying.
The right step if you have used your remaining funds to buy bitcoin when the price fell to $56K, because the price of bitcoin has now risen again. so you can make a profit in a matter of days. but you should hold bitcoin for the bullish season, because it is possible that the price of bitcoin will touch $100K.

13
Bitcoin Forum / Re: ATH of bitcoin 2025 ??
« on: May 02, 2024, 11:06:15 AM »
There's really a lot of tension in the market right now and so Manny Investors have grown anxious about the future of Bitcoin since this wasn't what they initially had in mind, some investors were actually caught in the middle of the Bitcoin Halving hype and so their expectations after the halving was for the market to be in continuous green, but seeing all the red has made so many of them very anxious.
Yeah, if Bitcoin fails to reach a new ATH by the end of this year or possibly starting of next year up to the middle and still nothing, then that could be a sign that the current bull run is finally over and achieving another ATH in 2025 will appear to be quite challenging.
I will advice you speak for yourself and not for the general investors bud, as we can't really tell with certainty, what other investors are thinking or what they feel about the current condition of the market aside what we ourselves feel or think.

If you believe that there is alot of tension in market, and investors are anxious, then those investors must be newbie investors, for no bitcoin investor with good experience of the market will feel anxious or be in suspense as a result of the current condition of the market, if you yourself have good experience, you should understand and agree with me that this is a good buying opportunity for us all.

And I think its absolutely wrong to give bitcoin a time frame to reaching goals, doing this puts you and your bitcoin investment at risk, because there is the possibility that Bitcoin wont reach your set goal at the time you supposed it should, and this may make you dump your coins believing it's over, and just then, you will wake up the next day to see bitcoin above $100k with over +500% rise in less than 4 hours.
If you are investing in bitcoin, invest for the long term, and stop caring about short term gains.
Bitcoin could suddenly rise 500% as you say, when we wake up from sleep. it can happen, because bitcoin is unpredictable. In market conditions like this, we should not panic and if we still have free money, buy bitcoin and other potential altcoins in preparation if the bullish season occurs next year. Holders of large amounts of bitcoin, let's call them whales, remain calm and wait and some even make purchases.

14
Ethereum Forum / Re: When etherium Hit $5k
« on: May 02, 2024, 11:01:29 AM »
why we keep talking about who will beat ethereum and when this will be overtaking? why not support each coins depend in your desire and plans?
because for how many years of my stay in this forum i kept seeing this same topic that how many coins have already dumped now but back in the days these people uses as challenge against ethereum?

It all depends on the specific mentality of specific people, this has already become a kind of meme on the Internet, so many do not even understand that someone on the Internet is simply laughing at this and others perceive it as a rule And that in the end one must win, I I agree with you and I don’t see the point in who will be first, second or third, in fact it’s not important at all, but it’s important to buy some kind of cryptocurrency and sell it with maximum interest. At the moment, the salon is growing well, of course, buy it, but don’t forget about Ethereum and something that also grows very well
ethereum is a coin that has the potential to hold long term, I don't care about outside news reviews because I am a holder who holds bitcoin and ethereum for the long term. Currently I have plans to hold until next year, because I believe next year will be the bullish season

Yes, I see that we are aware and understand when there is growth and when there is a fall and you are doing everything right. That you will hold all your assets until next year until 2025. More precisely, most likely this will be the beginning of the year, as usual at this time there is a very large growth in markets including cryptocurrency
I agree with both of you, we should hold onto our assets until next year. because looking at current market conditions the price of bitcoin has decreased to below 60K USD, this makes many people panic. stay calm and wait, bitcoin will rise again, if there is no bad news attacking bitcoin.

15
Cryptocurrency Trading / Re: Do professional traders lose money?
« on: May 02, 2024, 10:18:40 AM »
Yes, professional traders don't have any supernatural powers so they can't guarantee that they won't lose trading. skill is required to be good at trading and professional traders have that skill to make good profit from trading but they cannot guarantee profit for every single trade they make. they also take a lot of losses but they can recover them over a long period of time by adopting various strategies. for this they can claim themselves as professionals.
Professional traders also experience losses and experience many bitter experiences that make them become professional traders. It all takes time. and as you said, a professional trader does not guarantee that they can always make a profit without ever making a loss, but they can increase their profits compared to their losses.
This is absolutely true, because in crypto trading it is sometimes difficult to predict and analyze.  So even though they are professionals, they will definitely experience losses and this can never be avoided.
A professional trader is good at managing their money, if they lose they will chase profits that are bigger than their losses. So the advantage of a professional trader is his ability to analyze, predict, manage funds and also his emotions. This is very difficult and takes a long time.

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