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1
Bitcoin Forum / Re: Invest & Hodl Bitcoin!!
« on: May 03, 2024, 10:29:27 AM »
        -   In today's time, there are many options for community investors to choose from to make a profit in this field of the cryptocurrency industry. Bitcoin is not the only thing that can give a good profit; let's just talk real. I don't have anything against Bitcoin; it's actually proven.

So if you really want to make a lot of money during this bull run, especially, bitcoin is only suitable for whale investors or big companies to get a big return on their capital. But for people who are not rich or in the middle, only altcoins are suitable for them if they want to get huge earnings in the crypto space. This is just my opinion.
If you look at the history of the market last year this year until the middle of the year the market will remain red until at the end of the year the market starts to show signs of an increase, if this scheme is the same as last year maybe finding profits from the Altcoin season is not too difficult.
Last season cannot be a benchmark for bitcoin price movements. Did last year's bullrun or ATH occur after before the halving? no, ATH was only created one year after the halving, so why was ATH created this year before the halving happened? So in my opinion, don't believe too much in existing history because cryptocurrency price movements depend on demand conditions in the market.

2
Bitcoin Forum / Re: Is Bitcoin legal?
« on: May 03, 2024, 09:35:27 AM »
I more often use the Tron and BSC networks for transactions because the fees are cheaper. Maybe if I were a whale with large enough funds for investment and trading, I would use bitcoin because it is safer, or ethereum too. because gas fees are not a big problem for whales, because the profits are bigger.
It's true, currently these two networks do have quite cheap transaction fees, but you can use the Solana network which has cheaper fees than the two networks you often use. With fairly cheap fees and high enough speeds, Solana is starting to be widely used. people to carry out trading and transactions in large amounts there.

3
Staying at the range that we are in now, where it's always above $60k and the sentiment is right now on the verge of reaching multiple ATH, then it's going to go higher. I don't think anyone would be willing to sell, seeing the effect of ETFs in the market right now. It's definitely helpful to see.
If there is no bad news then the price of bitcoin will remain stable at $60k, but when there is bad news aimed specifically at bitcoin it will make the price collapse quickly. ATH can be reached before the halving occurs due to the influence of the Bitcoin ETF.
In my opinion, the ATH reached before the bitcoin halving was only the ATH at the beginning of this season. because the top ATH will be reached a year after the bitcoin halving. Bad news will make the price of bitcoin crash, but it will only be temporary.
Hopefully what you say is true because so far there is no more support that can trigger the price of bitcoin to rise, the ATH has finished because it was triggered by good news from the ETF and Bitcoin Halving which finally made many people buy bitcoin, for now there is good news Again.

4
If we enter a bearish season, we should keep holding our coins and if we have free money we can buy coins at a cheaper price. because as is the habit of the crypto market after the halving, we wait a year to see the bullish season, so be patient
I prefer to hold USDT or fiat money and buy during the bearish season at the lowest price. If I keep all assets in the form of cryptocurrency then it is very, very dangerous. Bearish season will cause many coins including altcoins to fall to their base price.

5
I have definitely prepared since before this bitcoin halving in 2024, it is never possible to prepare for a long term investment in a short period of time. I mainly try to invest in Bitcoin using DCA method, only DCA method is best for new investors and those who want to invest with small amount of money. I have been investing in Bitcoin since the end of 2023, often investing in Bitcoin for close to a year. And I will continue this investment for a long time I have seen huge dividends on my investment and my investment portfolio has grown a lot.
Your decision to collect bitcoins using the DCA method is a very smart choice, so far not many people have been able to do that. You also have to record all the bitcoin purchase transactions you have made so far because this will help you determine what percentage of profit you want.

6
Ethereum Forum / Re: Eth hold or Trade?
« on: May 03, 2024, 08:59:08 AM »
Be patient, because it looks like the market is correcting. Because after halving several times the price of bitcoin fell. Hopefully the price of bitcoin will rise soon. but some people predict we will experience a bearish season for several months.
Patience is indeed the key to becoming successful and rich, but so far not many people can control their patience, because people are sometimes afraid of thinking about their assets being trapped in a coin at a fairly expensive price. Bearishness will come soon so we have to be careful when we want to buy coins.

7
Ethereum Forum / Re: ETH going to 3k
« on: May 03, 2024, 08:57:03 AM »
Vitalik Buterin announced that he keeps 90% of his personal cryptocurrency assets in the Safe (formerly Gnosis Safe) multisig wallet. Such wallets use the M-of-N approach, where a key is split into multiple parts with equal access, and you need a majority of them to work.

Some belong to you and the rest belong to other people you trust. Do not reveal who these people are, even to each other, Vitalik wrote.

This is how Buterin responded to a thread in X about the importance of self-storage of assets. More specifically, he responded to a post by an X user who fears that the biggest risk in using a hardware wallet is the owner:

You could have your cid stolen, lose it yourself or put it in a safe deposit box in a bank, and then hastily move to another country because of COVID.
I can't imagine that when Vitalik Butterin dies, who will inherit all his wealth? Doesn't he think like that? because as far as I know, everyone who has life will definitely die in time, Vitalik Butterin has to consider that.

8
Ethereum Forum / Re: Ethereum vs of BNB Platform
« on: May 03, 2024, 08:54:05 AM »
Actually, you can invest in these two coins, ethereum and BNB. Both are top 5 coins, so there is no doubt in owning both. We can hold these coins long term. Both are coins that have great potential to hold, because these two networks are very popular at the moment. Ethereum is safer and more popular, and BNB is an alternative network with lower gas fees
In my opinion, BNB provides quite a lot of profit compared to Ethereum. Judging from the recent price movements of BNB, which always increases the price, it should be able to be put to good use to make a profit, BNB will also continue to rise because looking at the supply of BNB which is always burned at certain times specified in the schedule.

9
Ethereum Forum / Re: Will we really see an Ethereum ETF?
« on: May 03, 2024, 08:50:44 AM »
In many ways you are correct because he seems to be biased about their comments and indeed that timing seems to be well planned and delivered favoring their stand so yeah I think we should pay attention in the soonest approval.
The SEC will not give Ethereum approval quickly, so far they are still delaying it because it seems that Ethereum still does not provide a solution for the SEC so that the Ethereum ETF is still not solved. This all depends on whether Ethereum developers are serious about providing improvements or not.

10
Ethereum Forum / Re: Who is Ethereum's biggest competitor?
« on: May 03, 2024, 08:48:21 AM »
Ethereum's alternatives and competitors. See how Ethereum compares to similar products. Ethereum's top competitors include Solv Protocol, Radix, and Avalanche. Solv Protocol operates as a one-stop platform and a decentralized liquidity infrastructure for creating and trading nonfungible tokens (NFTs).
ETH is a very popular coin and after BTC it is in the 2nd position with huge market cap and huge market cap. So far there is no altcoin that can compete with ETH. BTC is the first cryptocurrency coin so no other coin can compare with it.  But I don't think any other coin besides Bitcoin can surpass ETH in terms of marketcap. So I think that no big competition has been created for them yet.
It's true that at the moment nothing will ever match Bitcoin, but for Ethereum I can't say there's nothing that will match it because so far there have been many new projects created and trying to beat Ethereum by exploiting Ethereum's weaknesses in terms of transaction fees which are quite expensive. and other problems that Ethereum cannot fix.

11
Cryptocurrency Trading / Re: Hold and trade which is best for you?
« on: April 26, 2024, 11:44:12 PM »
Agree with your opinion, if we have a main job in the real world, long term holding is the best way to do it. Because daily trading will take up time and focus, and it cannot be done while doing work in the real world, because both of them will not be optimal and not focused
There is no other way than to hold assets for a long time, because it is impossible to trade and always monitor the exchange, because the time we have is used up for activities in the real world. Focus is the main factor in trading so that you don't make wrong decisions.

12
Cryptocurrency Trading / Re: HODLing Altcoins
« on: April 26, 2024, 11:40:39 PM »

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.

13
Indeed we have to find something that we think is our fashion, when we have found it we will be easier to live it. Like for example in this crypto field, I feel this is part of my fashion and I won't miss it.

But our journey to find something that we have more expertise in it, it is something that is not easy at all, there is a long process that we must do to find everything and it requires hard work.
That is the process that we have to face because success requires a process that is quite difficult to do, but as long as we want to always try to be the best with the right methods, the process of becoming rich will be enjoyable. Memories of the hard work done when you were young will be able to be told when you are old.

14
Bitcoin Forum / Re: Impact of Halving on Bitcoin Mining
« on: April 26, 2024, 11:36:20 PM »
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.

15
Bitcoin Forum / Re: SHOULD I CARE ABOUT BITCOIN HALVING
« on: April 26, 2024, 11:33:32 PM »
Halving is still important, if bitcoin never had a halving we would not see a bullish season after the halving. When miners' rewards are cut, supply is limited and the price of bitcoin rises. Maybe some people say it doesn't affect him, maybe he doesn't follow the 4 year cycle
With the halving, it will have an important influence on the price of bitcoin, as you can see the movement of bitcoin prices from 2009 until now which has increased very sharply is due to the halving which ultimately makes the price of bitcoin always increase from year to year because it will be increasingly difficult to earn bitcoins.

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