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Messages - Jamal Aezaz

Pages: [1] 2 3 ... 53
1
Cryptocurrency Trading / Re: HODLing Altcoins
« on: April 25, 2024, 08:34:32 PM »
If that is the goal for the medium term I agree that currently holding altcoins is more likely to get bigger gains in a short time. We just need to see and analyze which altcoin is the best for us to hold in this bullish market. And we should not make the mistake of holding altcoins that do not have strong fundamentals.

Holding altcoins can be more profitable and can save its holder for losing money but for achieving good results one should focus on top coins that does not drop your money and if unfortunately it goes down then after market recovery it will boost in price again.

Altcoins are good in achieving value when market conditions are suitable so don't drop your money by Investing in scam projects and hold some successful projects this time which will rise to allow you to get your deserved profit during the good effects of halving which will be at the end of this year or in 2025.

2
Cryptocurrency Trading / Re: Do professional traders lose money?
« on: April 25, 2024, 08:12:39 PM »
They share the opportunity to make a profit in several coins, and they also try to minimize losses by investing in several coins that they think can make a profit. A professional trader will be smart in managing his crypto assets.

One can get a huge return by investing in numerous coins but it is not as easy as we think because only potential coins possess the power to give you profit if you buy and sell it according to your targeted value.

One can reduce his losses if he keeps holding top coins and his decisions are unaffected by the market fluctuations. Investing in several coins does not mean that you will hold any type of coins and you will become millionaires but diversification also needs knowledge and only true coins are profitable to hold so newbies must learn this thing while experts will do better according to their knowledge.

3
Cryptocurrency Trading / Re: Simple practices to improve trading.
« on: April 25, 2024, 08:00:01 PM »
The point is, that maturity did not come in one day or a night. We had to spend time and make mistakes to improve ourselves. I had to be steady with what I did and find out the mistakes that caused the loss. So, when a trader comes to the market, they should know that there is another side as well and they have to be ready to face that.

No matter how well-trained a trader can be, it is almost impossible to predict the market correctly all the time. Even professional traders lose their trades for various reasons. It could be because of their mistake, or it could be for unexpected market movement. But you have to be ready for that.

Maturity comes with increasing experience and experience needs time and sacrifices so people will must sacrifice their money and if they lose then they have to think about the future not about the past but they should use their part for learning to make their future amazing.

If they are making mistakes then it's normal but if they are continuously repeating such mistakes then it is their fault which will not fix until they want to fix it. The market is unpredictable and because of such unpredictability traders often make huge profit from it but this is true for only experts while newbies will just not understand this unpredictable market easily.

4
Bitcoin Forum / Re: Halving likelihood to be in red?
« on: April 25, 2024, 07:54:00 PM »
It's true, last year's halving did provide bitcoin price movements like that, but you have to remember that this year's new ATH was reached before the halving occurred. The chance of getting a new ATH price for the second time this year seems unlikely. If there is good news with bitcoin then it is possible that it could happen.

Bitcoin has reached its new ATH prior to the halving but that was just because of Bitcoin ETF approval as well as due to bull season but I don't think that we will not see another ATH after halving. Keep calm because movement takes time whether it's a negative movement or positive movement.

You will also have heard that in previous years ETF effects were not there but now if we have seen good price movement before halving then that was the effects of ETF because halving did not happen that time so wait for halving effects.

5
Bitcoin Forum / Re: Is Bitcoin Too Expensive For Me?
« on: April 25, 2024, 07:42:54 PM »

Not only is Atltcoin unsafe if you use the DCA method, it also seems difficult to estimate the price because it is very volatile. If I agree with you, DCA is more suitable for bitcoin, bitcoin is a safe coin. Maybe if there was a choice for altcoins I would choose ethereum

DCA is a good method and everyone should use this if they have a regular flow of cash so by accepting such a way you will be able to reduce the panic sale and will enhance the amount of Bitcoin when price goes down. One should invest according to his salary because if he invest more he will not carry his investment safely to the desired advantages.

Bitcoin is a safe investment technology but there is also no doubt about some potential altcoins like that of Ethereum, BNB, Solana and Matic so people can also choose these altcoins besides Bitcoin if they want to get expanded profit from different coins.

6
Bitcoin Forum / Re: Was the halving created much tension you?
« on: April 25, 2024, 07:03:34 PM »
Now bitcoin is in a good position to buy and hold if you must enjoy the bull run when it comes, because the previous ATH can be likely seen as the effects of the ETF and, we might still see another ATH within next year 2025. So buy and hold tight!

People want to see immediate effects of halving therefore when they are examining dip in price then they are becoming afraid of such dip and these days such people will never want to buy more Bitcoin as they are already in stress.

People who have trust in bitcoin and possess some knowledge about Bitcoin will must buy Bitcoin now because they know that a day will come when there will be a huge pump that will fulfil all their wishes for which they have waited a lot.

Maybe we will see a new ATH this year and there is also a chance that there will be a big bull season next year so be careful and those people will surely lose those who don't have trust in Bitcoin.

7
And even this does not guarantee success when investing. Of course, the track record is important but not primary. The same marketing can easily bring a coin to the top. I think it’s also worth paying attention to what branch of the crypto industry the project is going to develop in. If I see something like green energy or telemedicine, no matter how well-deserved the team behind the project is, I will definitely miss this project.

Track records can help you to minimize your Investment in scam projects and you will have heard that by collecting data about creators you will know that is he introducing profitable projects or scamming one so you will not miss the opportunity if you work hard before investment for gathering data.

I think we should not make things complicated for ourselves and by keeping in mind about three or four qualities of a project we can choose it, like the team of the project, market cap, roadmap and utility.

8
If and have said everything about bitcoin, then you are not wrong. Unless you just say that investing in Bitcoin will bring profits, in my opinion that is not quite right, because after all we have to tell other people about all forms of risks and so on.

But when we have done that, then as you said it is completely their decision. They may swallow it raw without doing any further learning and hope to gain profits in a very short time.

We should share both good and bad things about bitcoin and if we are saying good things but avoid bad things then it's our fault and our friend can put blame on us. Therefore make everything clear because it is a matter of money and these days no one will leave you without recovering money from you after facing loss.

The most common mistakes are that people hear from others and dive into that field but I think that it will become more suitable for them if they hear from others and then search by themselves so their knowledge will increase and also they will think accurately according to their financial matters after which they will decide according to them not according to others opinions.

9
Airdrop is indeed promising as long as we can be diligent in searching for and analyzing which projects will give us very large prizes, and indeed if we succeed in analyzing a promising project, we will get prizes that are not small in nominal value.

Many people also joined because seeing the airdrop, they started to be curious about cryptocurrency. And even without spending any capital, airdrop hunters earn money. Now there are even many groups that have a large number of members just to hunt for airdrops.

Airdrops are really good for earning money and getting rewarded but for it one should choose a good airdrop after searching deep. I think Airdrops are more valuable currently than any other mechanism of earning which we cannot get from another source.

Airdrops hunters know better how to choose Airdrops and how to work according to it therefore they are experienced in Airdrops as a result of which they are getting huge reward from free Airdrops also.

10
Cryptocurrency discussions / Re: The impact of crypto on our lives
« on: April 24, 2024, 09:07:02 PM »
I agree with this statement "Cryptocurrencies can protect personal finance", because by investing in crypto our security and privacy are maintained. This is the reason rich people choose crypto to invest, apart from being very profitable it is also safe. The impact of crypto in my life is very big to help meet my living needs, because I also use profits from trading as weekly income

Cryptocurrency is safe as well as profitable but I don't think that it can give profit to each and every individual because there are lots of individuals who lack knowledge and miss the opportunity to earn through crypto due to their avoidance.

Rich people choose cryptocurrency for investment because they have huge money so Investment will not make them worried but poor people will hardly choose to invest in crypto because they have little money which they don't want to put in a risky field.

Trading is very risky among all technologies of crypto and if you are earning on weekly basis then it is appreciable but I think that every person can earn on daily or weekly basis but will also lose a huge sum as the market is very hard to identify.

11
Actually, China should start developing their crypto and allow crypto to be used by its citizens, because several countries have legalized bitcoin as an investment. If China takes the role of legalizing Bitcoin as one of the countries with the largest population and economy, it will have a good impact on the crypto market

If more countries are accepting crypto then the popularity of crypto will increase as a consequence of which it will become more successful. But the government of each country thinks differently so I think if China has not accepted crypto yet then there will be some reason behind it which we cannot understand.

The success of crypto is related to the adoption by the people therefore I think if China accepts crypto then Bitcoin price will increase even more than newly created ATH.

12

That's what I explained before. Sure, the top coins give good opportunities to earn profits. However, it depends on how our strategies in investment or in trading. If we use the wrong strategy, it won't result in profits.

Exactly if we use wrong strategies then no matter how profitable our selected coins are and how old they are will not give any profit to us but instead we will lose our money by increasing the risk by using wrong strategies. By buying only top coins cannot give you profit if you are not managing your investment properly and don't have anything about handling the hazardous circumstances.


No, not each top coins could achieve a new ATH. There are some top coins that didn't create a new ATH. TRX is one of the examples, its ATH was in 2018. It didn't reach ATH in 2021.
This can happen but current situations are totally different and in current halving there will be huge success for each top coin because ETF has also been accepted and the chances of enhancement has increased more than previous halving but still as it is crypto so changes can take place any time.


New altcoins can give higher profits but it also has a high risk of losing all the money. If it is scam, we have no chance to get profits but we may lose all the money. It is why we must be very careful if we want to invest in new altcoins.

Care is needed in such circumstances and without detailed study if we invest in new projects they obviously will be at risk therefore I said previously that research is a must in order to not accept scam projects and research is easy for experts only while newbies cannot do it accurately.

13
Bitcoin did not reached that level and even this april it seems like there is no chance of breaking 6 digits , we are 10 days to go before the month ends so how much increase are we expecting towards bitcoin after halving day?
let us give a week or two if we can reach that 100 thousand but better to not expect so much.

Bitcoin has not reached higher worth according to our expectations but don't worry about it as you will be familiar with the fact that in previous halving the effect was not a quick response. A few days have been remaining in the current month but I don't think that we will see a huge pump these days but a slower rate of increase can happen.

Bitcoin growth is guaranteed but its speed is unpredictable therefore be ready for all the circumstances but don't expect too much as expectations make a person hopeless therefore keep going according to your target.

14
Bitcoin Forum / Re: All you need to know after Bitcoin halving
« on: April 24, 2024, 06:58:34 PM »
Current halving will give more profitable outcomes to all investors and this halving will be stronger than the previous one because Bitcoin ETF has not approved before any halving but this time prior to halving the Bitcoin ETF has been approved so the effects of ETF approval as well as halving will bring more positive impacts than all the happened halving in the past.

Not only Bitcoin but altcoins will also be more profitable as they are showing more pump than Bitcoin and once Bitcoin reaches to the peak then altcoins will be more profitable than ever but for such circumstances we have to wait little more as fulfilment of dreams takes time.

15
Bitcoin Forum / Re: Impact of Halving on Bitcoin Mining
« on: April 24, 2024, 06:39:15 PM »
It seems like it's been too long to wait for bitcoin to collapse, currently the price of bitcoin is still remaining at a high price, there is no bad news that has succeeded in making the price of bitcoin fall deeper. So it's better if you want to make a purchase in bitcoin, you can do it now and don't have to wait any longer.

The current price is not so high so one can easily buy and invest in Bitcoin if he has money because halving effects have been initiated which will lead the price to hit all the time higher worth and will go higher than this.

65k$ is not a huge gain but I think this is the positive impact of Bitcoin halving which turns the price a little bit elevated. I think nobody should wait more in order to purchase Bitcoin because the market is going to be greener than present.

The market will not collapse so deep in the current year because the bull season is here due to which there will be a surge and as a result of halving we can get outstanding value if we buy at accurate timing and use our patience to reach our destination.

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