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Messages - Carbitcoin

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31
It is better to invest part of your funds in cryptocurrency. I think it’s better to invest money in several cryptocurrencies to diversify risks. But it’s better to choose from the top cryptocurrencies. The crypto market is currently growing and I hope that this growth will continue for a long time.
I think that you said everything correctly and at the same time I need to add that the current period is one of the best for investing in cryptocurrency. Right now is the time when the market will rise and we need to use this chance before the bull run.

32
China has announced several bans on cryptocurrencies long ago and managed to create quite a negative impact on the market. From 2013 to 2021, China announced a massive ban on all exchanges and transactions, including Bitcoin transactions, several times, although each time the price of Bitcoin began to fall sharply, but currently China's negative or positive actions may not have much impact on the Bitcoin market, or even last. no So for now, no matter how positive China looks on Bitcoin, these announcements will not have any impact on Bitcoin from my point of view.
I can't fully believing yet with China has plan for making bitcoin as legal currency transaction, they have banned bitcoin several time and since China banned announced bitcoin dropped drastically although always success recovery more higher price than before after banned announcement.
I don't think necessary with China have to make bitcoin as legal currency transaction because without China bitcoin keep strong and success recovery until raise higher price, just make bad speculation with China has not consistency when making bitcoin legal some time they will announce bitcoin banned as legal transaction.
If China works with cryptocurrency, it will promote a national cryptocurrency and not Bitcoin. And there will be little transparency in this process. In any case, all totalitarian states suffer from similar weaknesses.

33
Despite the fact that there are many cryptocurrencies on the market today, many of them do not have the potential to develop and be used as an investment tool.  at least I always focus on market leaders.

34
Clearly, trading fiat currencies and, for example, binary options are very different from trading cryptocurrency. You always need to look for the right approach to achieve results. From the point of view of fundamental analysis, the cryptocurrency market can present many surprises.  Digital assets can change dramatically in price due to various events: deviation from the project development plan, forks, an increase or decrease in exchange trading fees, a sharp change in the popularity of a coin among miners, etc. Based on this, before trading, you need knowledge of analysis

35
Cryptocurrency Trading / Re: Trading Vs Hodling
« on: February 16, 2024, 07:24:30 PM »

I expressed what I have felt in the cryptocurrency space, I cannot deny what you said and it actually happened to me.
I have never traded or invested in cryptocurrency, because I have very little experience with cryptocurrency, especially with new coins.


For new coins, I think the risk is higher, mate.  I have abandoned new coins for the past 3 years, because I have experienced a lot of losses.  I prefer certain coins, especially top coins.  Look and check at CMC, do a little research and buy the coin to hold.  Because I'm a holder, not a trader.
You correctly understand how to work in the market. When the hodl approach is used, cryptocurrency becomes not just an investment object, but also, to some extent, a life philosophy based on the belief in the inevitability of the emergence of a global decentralized monetary system and on doubts about the efficiency, transparency and reliability of economies tied to the use of fiat money  .

36
Cryptocurrency Trading / Re: Do professional traders lose money?
« on: February 14, 2024, 07:08:33 PM »
To succeed in trading you will need years of hard work and sufficient capital.  Money is not earned that easily and free cheese can only be found in a mousetrap. If you can continually reduce these errors, you'll be one step closer to sustainable profits.

38
Bitcoin Forum / Re: Bitcoin New Record 2024 Bitcoin Price Touches 50K
« on: February 13, 2024, 07:35:58 PM »
It is a happiest moment for all bitcoin holders that it touched 50k$ recently and if we says that price will continuously pump till halving and we will not see dump again then this will be our big mistake because regular changing in price of Bitcoin is normal part.

Of course we will see more pump but to what extent there will be a pump is unknown but halving price will be more than 50k$. When bitcoin attained 69k$ so after that pump we never saw such a huge achievement like that of 50k$ in past but current year is showing good news to all of us. We have firm believe about its further pump but it is not easy to predict that what type of price we will examine although after little dump we will see huge pump till halving.
all those who used to ridicule Bitcoin are now complaining about its shortage.  ;D
 BTC and other cryptocurrencies are showing incredible growth in value, they are also gradually pushing us towards a new financial system that can truly be free from old paradigms.

39
Bitcoin Forum / Re: Future of Bitcoin
« on: February 13, 2024, 06:46:29 PM »
It's safe to say that the technological revolution in finance will not be such a significant historical event for the world's money-obsessed community.  It has been more than ten years since Bitcoin emerged from the underground of the Internet and is finally now receiving the recognition it deserves, increasing its market value.

40
Meme Coins / Re: Are memecoins really important for the crypto market?
« on: February 13, 2024, 06:39:37 PM »
Memcoins have pleasantly diversified the world of cryptocurrencies and blockchain.  investing in memtokens may involve high risks and their value may fluctuate widely.  Which is good for trading on a margin platform.

41
The emergence of altcoins was not a spontaneous event, it was caused by a number of problems that leading blockchains face. In general, it all comes down to the blockchain problems, which says that you cannot create a blockchain that provides performance, security and scale - one of these indicators will have to be sacrificed. This means that altcoins solve one of the disadvantages of first-level blockchain networks.

42
Maybe the Doge will be integrated Elon Musk into X. Because we all see all this time Elon Musk is enough to support with Dogecoin. But this is just a poll, hopefully it will be a reality. Unless Elon will create a Coin that will be integrated into X.
As evidenced by his close ties to the Dogecoin community and Twitter activity surrounding the SHIB and FLOKI memocoins, Elon Musk has a talent for them. However, this may not be enough for Musk to support memecoins when the social network begins accepting cryptocurrency payments.

44
Cryptocurrency Trading / Re: Predict BTC price at Halving
« on: February 12, 2024, 06:10:37 PM »
There is potential for bitcoin to make its latest ATH close to halving but the potential increase to $140k may still be little difficult to achieve. I think bitcoin potential before and after halving break out latest all time high price above $68k and raise above $100k still need more one or two years later after halving.
Bitcoin can't pump drastically in short time because many factor make bitcoin get correction, I don't expected too high bitcoin price and up above $70k seems easy for bitcoin when closing with halving


I think ETF Bitcoin will have good impact for Bitcoin. I never underestimate about Bitcoin price. But I think by seeing  bitcoin prive movement at crypto market after ETF, I confident Bitcoin will touch new ATH above $ 100K.
If you say "raise above $100k still need more one or two years later after halving" I don't agree mate . Bitcoin usually touch ATH one year after halving, not until 2 years. I predict two years again will bearish.
To understand the significance of the potential adoption of a spot Bitcoin ETF, a parallel must be drawn with similar precious metal products.  Trading volumes in gold financial instruments have steadily increased, as have related derivative products.

45
Cryptocurrency Trading / Re: Trading is not same thing as Gambling
« on: February 12, 2024, 06:04:39 PM »
Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
Yes, trading and gambling are different. But it can be the same if we trade with no proper knowledge. In gambling, people expect more on the luck to succeed. Meanwhile in trading, people will try to have enough knowledge to increase the chance for success. We treat trading in a different way, we rely on our knowledge and experience to ear good profits. But in gambling, there is no way to increase the chance for success if we have no luck.
A trader who trades on a rational basis takes into account the role of chance, but does not blindly count on luck - but builds a trading system so that a series of chance events ultimately produces a profit.  A trader with a gambler’s psychology has a different approach: he trusts his intuition more and hopes to hit the jackpot.

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