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Messages - Jamal Aezaz

Pages: [1] 2 3 ... 61
1
No doubt about hundred thousand price range mate as Bitcoin just hit more or less $71,600 recently and we all know what that means since we are now approaching the ATH again and I think this is easy $80k in just few weeks or months I could be wrong here but who knows right?

Yes Bitcoin hit 70k$ again which is nearer to the value of an already created ATH but again a slight fall happens today and presently it is 69k$. 80k$ can be achievable in a matter of weeks if market does not go down but if continues pump and dump take place then it will take time to attain 80k$ because market never remains same for longer time without showing any changes.

We have to hold the coins which we already have bought and wait for the accurate time where our target will be accomplishable and maybe such duration takes time to happen but it will be easy for us to wait if we have patience and trust in our assets.

2
Bitcoin price has started to pump again after a long time so it will not dump quickly. there is a huge possibility that Bitcoin price will hit $80k in this opportunity. And this may be the last ATH of Bitcoin after Halving. And it doesn't look like Bitcoin will see a higher price during this halving. I'm not guaranteeing that anything will happen with Bitcoin at any time, but I'm just making a prediction that seems likely to me.

There is no guarantee for such type of a description because many people were assuming that the price would not go higher than 65k$ as the bear market has been initiated but yesterday Bitcoin again hit 70k$ which shows that anything can happen in the crypto world and we have no confirmation about pump and dump.

As you are predicting the market so yes it can happen that it will touch 80k$ in this year but still there is a doubt because Bitcoin today is a little bit down in value as compared to the value of yesterday. Every coin changes with changing take place in market condition but we can only assume the values for the future because confirmation is not possible here.

3
Bitcoin Forum / Re: What Happened To Bitcoin?
« on: May 22, 2024, 08:44:06 PM »
This is what usually happened to the market because those who holds enough quantities influences the market with their trade, even some institutional traders that have hold series of people's funds into their custody they manipulate the market with their trading power after which when they noticed the small scale traders has fed the market they end up buying more while little traders ends up selling their coin to secure their capital against dropping significantly.

Such types of traders manipulate the market and they play a big role in changing the value of market because their trade is not in smaller scale but they make such a greater percentage of traders through which the market easily changes into the opposite direction of other investors thoughts.

Like currently everyone was assuming that the market will reach 100k$ after 73k$ but everything gets opposite because a huge dump was created due to higher selling percentage through these sorts of traders. But fortunately the market again recovered back and now it is more than 70k$ and surely it will go higher than this value in the coming months of this year.

4
Mistakes and failures will always exist when investing, and that is what makes us experience. and learn from the experience. No one who invests always makes a profit, that's why we diversify several coins that we think have potential.

Not only in investment but in every work we will sometimes face loss and that loss will help us to not do the mistakes in future therefore both loss and win are profitable for us. Loss can also be used to evaluate your mental power to understand about the market so take it positively.

It is not possible that you will continuously earn money and will never lose your cash in crypto investment but those become masters in crypto investment who don't lose hope due to their mistakes or dropping of money but continuously  learn which will make them profitable after their numerous sacrifices.

5
Cryptocurrency Trading / Re: Don't be in a Rush
« on: May 22, 2024, 12:51:28 PM »
Well, this is also what makes the difference, when we work physically we will move more, especially if we take into account the time from when we go to work, until we go home after finishing work. However, in trading we don't do that much physical activity, we can even do it in the bedroom.

However, our brains will work extra, how do we analyze a market and we even have to analyze fundamentals which will later influence price movements.

Actually using your brain needs more energy than using your body therefore if you are trading by sitting at a bed then it requires more concentration then doing a work with your hands.

 For trading we use our mentality more than our physical activity therefore our profit and loss are totally dependent on us because for the work where mental energy is used has little chances of losing.

Everyone does not work properly by using their mind and they are copying others therefore their winning percentage is not as much higher.

6
Cryptocurrency Trading / Re: Just HODL
« on: May 21, 2024, 08:46:44 PM »
It is good if you keep holding now. But you must always monitor the price movement of every coin you are holding. If it reaches your target, don't be greedy to continue holding. I suggest to take profits when it meets your minimum target. We don't know how the market trend in the future, there is no guarantee that the price of certain coins will always increase.

Anyway, we are in the bullrun season. Is it still not real for you? I don't understand why you stated "real bull market". I think it is already in a real bull market.  :-\

Checking the price of the market will be helpful for you because you don't know when the market will touch your target value. The market is unstable so it is not suggested to leave the market unchecking for so many days.

It is natural that people when they get their target refuse to sell their coins because they want more profit and this habit becomes a reason for enhancing their patience to wait for another pump because this one will be missed by them.

7
Cryptocurrency Trading / Re: Do professional traders lose money?
« on: May 21, 2024, 08:16:52 PM »
Of course, professional traders gain more profits than losses in trading, because they can manage losses by getting bigger wins. Crypto is unpredictable, it is reality. But a professional trader can predict market movements.

Professional traders can predict market movement as well as they have the ability to choose a better coin and also they don't choose any coin without studying about it. Professional traders completely focus on trading and they study about the market, its condition and features day and night.

They also make mistakes but their mistakes are not about choosing the wrong coins but their mistakes is that they assume the market in one state and market changes in the opposite direction to their expectations.

8
Trading depends on the method we use, when we apply the daily trading method, if we don't have much experience it will make it difficult for us to make a profit. But everything will be different when we trade with long-term methods. That way, I think the trading we do will be a little safer.

Success is conditional on your experience if you are an experienced person then both short term and long term trading will be suitable for you and you will not think that they are risky because you will work accurately by utilising the strategies which helps in making money and getting rewarded.

If we enter into trading or Investment but do not know anything then it does not matter how safe it is but the thing which matters is your knowledge and experience. Every kind of trade becomes safe if you carry out with struggles and learning because it is not possible that you will trade or invest without knowledge and eventually you will become millionaires.

9
Cryptocurrency Trading / Re: Hold and trade which is best for you?
« on: May 21, 2024, 07:27:21 PM »

       -   Well, I do both of them because I can't and because my income will be reduced if I only do one. Then they must be taken seriously, or else we can't make money from them in the end. And I also think that there are no individual traders who do not do that at the same time.

After all, it can even give us a profit if we are knowledgeable and deep in crypto trading. While holding, we can do what they call day trading activity.
And majority of the traders for them these two are proven and tested already in terms of getting profit.

There is not an issue if people are doing both or any of them because it is a personal matter and depends on your interest and rate of success. Some people are afraid of doing one while others are getting huge profit from both so it is totally related to the interest of an individual.

Some people are experts in holding so they are getting huge profit from investment while others are experts in day trading and are earning more than a person who holds top coins for a longer time therefore do in which you have full command to overcome the risk.

10
Cryptocurrency discussions / Re: Do you still believe in old coins?
« on: May 21, 2024, 07:07:27 PM »
If you want to achieve success with big profits, whether new coins or old coins, buy at the right time and sell at the highest time. This is very difficult, because we cannot predict when it will happen? We can only buy when it is bearish and sell it during the bullish season.

Some people don't know about the bear and bull season and it's true because with little bit changes we cannot describe the market condition as a bear or bull condition therefore try to investigate the past and current price and if you find that now it is a suitable price for buying then buy it but remember that your buying price should always be lower than your selling price.

This strategy is only profitable in the case of top coins because some new coins originate with huge prices but with the passage of time they are decreasing but this does not show that after such decrease they will again pump because most of such type of coin disappears with declining in price.

11
Cryptocurrency discussions / Re: Notcoin On Binance 16th May.
« on: May 20, 2024, 08:41:57 PM »
Yeah same here, I don't have it as well as I don't know where to find such airdops. Good for those who take part in the airdrop as they are now earning good amount of money in return for doing simple tasks. I do airdrops as well but I miss this one so better luck next time.

Sometimes we missed useful Airdrops and others got huge prizes therefore it will be good if you don't skip any of the airdrop whether they are free or needed any amount for participation. All Airdops do not give you profit but those Airdrops which give you profit are very huge and people who participated and got Notcoin are in profit.

Some of them will have sold their Notcoin while others are still holding it but I suggest that the tokens which you are receiving from Airdrops should be immediately sold out because the future is unpredictable.

12
If you are worried about the last Bullrun and are afraid that the price of bitcoin will drop drastically after that,
then you need to prepare to take the profits that you will target.

But before that you need to fill your bag as fully as possible now, set the main target and take the profit when it has been achieved.
My main target for the last ATH is $100k and after that I will just see how the bitcoin market develops, whether it will go down after the big Bullrun or will it just standby and continue to reach new ATH again.

If someone is afraid about the bull season and is in doubt that will there be another ATH or not then he should plan a selling value so it can help him to avoid panic situations and will help him to make money for which he has made investment.

If you have planned a target of 100k$ then you have to wait longer because this achievement is not an easy achievement and up to that period you will have to enhance your patience and believe because without these two holding longer is not possible.

After 100k$ everyone will be waiting for the bear season because as many selling take place then price will go down which will help new Commers as well as experienced ones to step again into their investment plan.

13
The risk of new coins is very big, and for those who have experience there they can invest in new coins even though they are prone to fraud. I myself agree with you, investing in coins with little risk, namely the top coins. This is safer

Sometimes we choose the wrong coin and then describe our feelings as it is not our fault but due to market dumping we failed to get profit but actually it is you that chose the right or scam coin that makes you able to get victory or defeat.

You will be profitable only if either you choose top coins or the coins for which you have made deeper research because finding out detail before investment can only minimize your loss.

No one knows about any coin but people work hard and try to know everything related to the wished coin so this hard work will give them fruitful results for their investment while lazy people will only regret it.

14
I totally agree with you that if we don't choose the right coins to invest  then there is little chance of our investment being profitable. There is no alternative to Bitcoin in terms of investment. Those who hold Bitcoin for a long time will surely get the maximum benefit from Bitcoin. There are some altcoins that will show promising results to investors in the future. Investing in coins that will give an investor a higher chance of long-term profit.

If you have knowledge about crypto then you will choose a good coin but if you don't know how to choose a coin then hopefully you will not find anything useful from crypto investment. There are thousands of coins originated in the crypto world and still are originating but not a single coin can become more money making than bitcoin.

Selection of coins and knowledge of buying and selling time have a greater impact on your success so whenever you desire to buy any coins then try to know whether this will be good for the long term or is a better choice for short term investment.

According to my Knowledge most of the altcoins are good if you don't keep it longer than a time when it gives you a profit but Bitcoin is the only  coin that increases in its value as long as you keep it holding.

15
Each country has its own policies in responding to crypto. Several countries have made it legal for their citizens to invest in crypto. and maybe your country still hasn't legalized crypto. But rest assured your country will soon legalize crypto when big countries have started to open their doors and legalize crypto for investment.

It totally depends on the government of a country whether they want to allow crypto use in their country or not. If they are willing to allow its uses there will be no restriction even if it will be used as a payment method.

There will be a time soon when those countries will accept crypto too who have not understood its positive features yet. In some countries crypto uses are not for the welfare of the individuals therefore others countries are not allowing it to be used in their countries as important features are still hidden for them.

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