Someone gave their views on Bitcoin price movements after the halving via their social media account. He is a trading expert from my country and also actively provides signals for paid trading.

The clue he gave on Facebook was like this



https://www.talkimg.com/images/2024/05/10/rxlvl.jpeg
(embedded the image link into talkimg because imgbb apparently had an error when accessed using my PC)

For all of you, is it patent to rely on the price change pattern of previous halvings?

We see that the BTC price graph is almost similar to the data from the BTC price graph during the previous halving. So, what makes you want to hold or add more accumulation? Are you guided by the charts alone or are there other things that you think have a big influence on Bitcoin?

Source

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I don't sponsor anything here and I don't want you to make decisions based on my posts. do so at your own risk

There are many ways to make money from crypto currency if we know what to do right. A bounty hunter earns money here as well as an airdrop hunter earns money as well as a web developer earns money here and many people earn money here by joining signature campaigns. Just as you can make money by trading, you can also make money by investing and you can also make money by your own skills. We just have to have the skills and apply those skills in the right place. We can make money from anywhere whenever we can apply the skills in the right place.

Of course that's not a problem as long as you really want to enter the world of cryptocurrency from a free route... you can take part in bounties, airdrops or signature campaigns to get your initial money. After that, joining a staking, farming or pool program might broaden your insight into which is the most effective way to earn money. After that you have to try other methods such as investment or maybe arbitrage... the world of cryptocurrency is very wide, so you can try many things and explore all kinds of ways to make money.

We mostly keep our assets in TRX, mainly because our project is built on TRON and we believe in it. Also, staking TRX gives rewards (about 4.15% per year currently) and free energy which you can sell for additional profit. Or you can use that energy to send USDT which makes transfers practically free.

And TRX have enough volatility for swing trading if you are into this kind of game. It's a pity that they changed the algorithm so that it takes 14 days to unstake instead of former 3 days and if you are staking it all, your trading possibilities become very limited. But you can always diversify.

As far as I know, a coin has different specifications, including coins for long-term investment compared to coins for daily trading. If TRX offers farming with an ROI of 4% per year, then people will tend to choose to hold for a long period of time. TRX also seems to me to be a strong coin so its volatility level may be a little more stable.

For daily trading TRX is still not recommended, although it can be done. Meanwhile, there are still many assets that have high volatility which I think are suitable for daily trading because their movements are very fast and that means the opportunity to make a profit is also large.

Correct me if I'm wrong.

Yes, again because certain parties will certainly associate the use of Bitcoin mixers with various criminal matters or other things that are considered to be in conflict with the government. Like p=money laundering and also the use of Bictin to fund war activities or other crimes. That's what certain parties relate to, always.

However, for some parties, mixers are really helpful, so again, this is to maintain privacy.

The main problem is, the government would rather shut down mixers than have to look for people who abuse Bitcoin mixer services. This is clearly wrong and contradictory, because I am sure that not all mixer users have the aim of circumventing government regulations relating to money laundering practices. Obviously, this is a very unwise decision, considering that the person at fault is not the mixer, but the individuals who use the mixer for their own illegal purposes.

Currently the price of bitcoin has touched $61k and it doesn't look like it will last long because market conditions are not very good, support from bitcoin buyers has decreased and there is a lot of bad news circulating which has caused the price of bitcoin to decline.

But good news always comes suddenly and doesn't even give time for those who are late to buy. I still feel that there are many large institutions and also whales behind the scenes who still want Bitcoin to survive and make profits for them... therefore, following their flow is the only way for retail investors to survive.

Maybe right now they haven't moved, so the bad news and negative sentiment keep coming... however, I remain optimistic for some time to come, because Bitcoin and cryptocurrencies always provide magical surprises. Just be patient and hold onto your assets for some time to come.

The Emirates are generally very open to new technologies and have proposed zero taxes for crypto owners and businesses.

Tax matters and also the culture in the UAE is very suitable as a place for people who are active in the world of cryptocurrency. We can see that the country is a rich country and that is clearly very attractive for everyone who wants to experience freedom in adopting cryptocurrency. Even though not many people want to bother changing citizenship to the UAE, at least the regulations there are more flexible and interesting to live in.

Taxes in some countries sound really scary, such as in Japan which taxes other income (including from cryptocurrency trading) at up to 55%. Most likely this is a profit from trading, so for those who have experienced the jackpot from Memecoin and are Japanese citizens, then less than 50% of the profit will enter their wallet. That's why the UAE is more attractive because of its 0% tax.

My working full online and have more time for checking market price condition, but some time when get busy after investing in some coins make limit sell order and checking after all my offline job is done. But interested by watching or spending our time every hour to check market condition, we always get moment when market crashing and has opportunity to buy back at lower price.
but for some trader have spend time with offline job, make buy or sell limit order and opening after having free time are there your order filled or not?

Investing in cryptocurrency can be done easily, I'm sure it won't take much time if you've done it before. So I think the hustle and bustle of investing in cryptocurrency doesn't really require a lot of time.

then monitoring prices with shorter timeframes shows that you are a short-term trader, or perhaps a day trader. that's normal for day traders, but for people who are busier or perhaps find that long-term investing is more fun, checking prices with lower time frames is certainly not as important. So, it comes back to each trading style.

Dump and pump moments occur more often in coins with high volatility, such as meme coins, meaning they cannot be used as a reference as an asset for long-term investment.

Honestly, your dedication to spreading knowledge about Bitcoin deserves to be appreciated. Yes, I also realize that cryptocurrency users are currently experiencing a quite worrying transition, where currently many people are more interested in making price predictions and taking advantage of using exchanges. Few care about financial freedom or the decentralized mechanisms that Satoshi Nakamoto is trying to put forward today.

But neither we nor Satoshi can prevent this, because according to his predictions, Bitcoin in the future will have two possibilities, namely dying or becoming as big as it is now. And I think the status of Bitcoin right now is to be big.