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Messages - legend45

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1
Bitcoin Forum / Re: SHOULD I CARE ABOUT BITCOIN HALVING
« on: Today at 12:01:27 AM »
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.
That's right, halving is very important, because with limited supply the price of bitcoin will rise. We have also seen halving several times, and this halving is a little different from before because bitcoin reached ATH before the halving, hopefully bitcoin will reach ATH again after the halving

2
Bitcoin Forum / Re: Invest & Hodl Bitcoin!!
« on: April 26, 2024, 11:30:38 PM »

Agreed, the winners are those who buy early during the bearish season and hold for the long term until the bullish season. Becoming a holder requires capital and it must be truly free, not to be used in the near future. And lucky for those who can do it
By buying coins during the bearish season it is a very smart idea, for now it seems like we have to exercise patience to buy coins at cheap prices because the bearish season has not yet come.
Prepare your USD, because it is likely that we will see bitcoin experience a deep correction, and you can buy coins that have the potential to be bullish next year. In my opinion, the bullish season will occur at the end of this year or early next year.

3
Binance Smart Chain + Ecosystem / Re: Binance Smart Chain platform
« on: April 26, 2024, 11:25:18 PM »
The security of the ethereum network is guaranteed, because this is the oldest network.  BSC and Solana have shown their advantages with cheaper gas fees and better speeds.
 We are talking about future opportunities, Solana and Binance smart chain will probably become more popular than ethereum, because currently many have moved to BSC and Solana.
That's right, Ethereum is one of the altcoins that has a smart chain network that is quite old and many platforms that use the Ethereum, BSC and Solana networks have networks with very low costs for creating new smart contracts. But many irresponsible people take advantage of it by creating tokens or projects that end up being scams.
If the network is cheap, of course it will attract fraudsters to create fake projects that are used to seek personal profit by deceiving other people. what we see currently happens a lot on the BSC and Solana networks.
See it's true that fraud is happening everywhere, not just on Binance Smart Chain and Solana. We used to often see fraud on the ethereum network. so it's best to do your research before investing. A cheap network, as mentioned above, makes it easier for fraudsters to commit fraud with less capital.

4
I don't think that is a good idea, maybe because i do not trust altcoins and so i do not recommend them to others. Altcoins are risky investments and i don't see any reason why one should convert some of their BTC's to altcoins, it is possible to completely lose your money when you buy some altcoins, due to their failure, but that is not possible with BTC, except you are hacked.
Exactly, Altcoins do have a very high risk to buy, therefore we must be able to choose altcoins well. Only a few altcoins currently still have a chance to be held and will provide profits in the future. Bitcoin remains the best because it has higher interest than altcoins.
Agree, bitcoin will always be a top priority to buy because it is a safe coin. The risk of altcoins is greater, but if you choose the top 10 coins, I think they are also very potential to hold while we wait for next year's bull season. This is just a prediction and opinion which may also be wrong

5
Bitcoin Forum / Re: Future of Bitcoin
« on: April 26, 2024, 11:18:15 PM »
You are right that surviving doesn't have to mean making a profit, but it also doesn't mean losing. Because it could be that they are still using old equipment that was used to mine bitcoin. but in my opinion, both as a miner and as a holder, buying and holding for a long time are both equally profitable.
Bitcoin miners and those who trade bitcoin will certainly benefit more from those who mine bitcoin from the start and still store bitcoin well until now, the price of which can become very expensive in a fairly short time. But you need to remember that mining bitcoin certainly requires needs that need to be considered and it is not easy to do it.
If those bitcoin miners were still holding bitcoins for a long time, they would have made huge profits by now. This is all also deducted from the costs they have to pay for mining, for example electricity costs, equipment, etc.
Miners will need a fee to mine, I guess they will sell some of their bitcoins to pay for it. and they are also still holding their bitcoins to wait for the bullish season, most of these miners have participated in several bitcoin halvings, so they understand the habits of the 4 year cycle when the halving occurs

6
Last month and this month seems out expectation to see bitcoin break to $100k, after crashing awhile before halving get difficult to see bitcoin break out back to higher price or raise last time all high price.
Seems realistic with bitcoin to breach out $100k need several months later or potential need waiting for next year if bitcoin still get difficult or stable on lower price.
I am not sure one or two months later enough time for bitcoin breach to higher price because currently many bad news and difficult make investor keep hold their bitcoin assets or make more investing in bitcoin.
It is possible that Bitcoin will penetrate the price of $100K in Q4 this year. Because several people have predicted this. We see that the crypto market is currently not showing significant upward progress, but I have confidence that the price of bitcoin will reach $100K
Many still have the belief that bitcoin will make $100K, that is also the hope of many people. I also read the prediction you mentioned, it is possible that $100K will be reached by the end of this year. Currently we can wait for the price of bitcoin to fall and we can buy again. Good luck

7
The market is red again, friends. So stay patient and wait while we wait for the market, we can do research on several coins that still have the potential to be purchased. Because it is possible that at the end of this year we will see a bullish season after the bitcoin halving
If the market conditions are red like this, what I hope is that the price of bitcoin and other coins can fall to even cheaper prices, so that we have the opportunity to buy coins at cheap prices. There are at least some signs of entering a bearish season.
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

8
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.

9
Binance Coin (BNB) / Re: BNB prices will go up
« on: April 26, 2024, 11:09:33 PM »
And this is the government's consideration for not allowing bitcoin as a payment method, because bitcoin cannot be controlled.
and as you said whales can manipulate the market with news, if they intend to make the market fall by spreading bad news, and vice versa
That's right, as you have mentioned, no one can control the circulation of Bitcoin, but the price of Bitcoin can certainly still be controlled. With a very limited supply of bitcoin, it will be used by groups or individuals who have a lot of money who will find it easy to control the rise and fall of the price of bitcoin
Groups of whales can make the price of bitcoin go down or down, but this is only about the price of bitcoin. We as small investors can take advantage of this moment by following the direction where the whales will move. I agree with this opinion.

10
Bitcoin Forum / Re: Impact of Halving on Bitcoin Mining
« on: April 26, 2024, 11:04:59 PM »
Will this time be different? No.
Something I like about this confident answer, the media nowadays really need money, they have to present news that has a big impact on the world, especially the economy... and the Bitcoin halving is really there. Currently, I still believe that the previous 3x halving cycle will occur again in this fourth halving. I think many people are preparing to welcome the halving this time, that's why I myself shouldn't miss this precious moment.

Then the media wants to take advantage of this condition as a traffic generator for themselves to make money for them too. A win win solution that has a good impact on all elements involved in the Bitcoin halving.
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

11
Bitcoin Forum / Re: SHOULD I CARE ABOUT BITCOIN HALVING
« on: April 26, 2024, 10:55:57 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

12
Cryptocurrency Trading / Re: Just HODL
« on: April 26, 2024, 10:15:16 PM »
The character and habits of whales always manipulate the crypto market when there are major events such as wars and wars. We can only follow it, if a dump occurs, it's best to keep holding because the whales will definitely buy a lot and then raise it again, this has often happened

Yes whales have the power to change the market price because they have a lot of money which they are using in both lower and higher worth in order to get benefit as a result of which market changes. When you see sudden changes from higher to lower worth then remember that whales will have to sell their coins which have dropped the price of that coin.

We cannot do anything if there is a dump therefore don't take any decision during the dump for which you regret your whole life but just hold and keep continuing your investment until your target price gets confirmed.
We can make a buying decision during a dump, because we also have to always monitor the market to follow what whales will do. If whales want to lower prices, let's just follow suit. buy the coin. but be careful not to get trapped.

13

That's right, as you said, the reputation of a project determines the future of this project, because of course the team behind all these projects will continue to try hard to provide the best because the reputation of their name is at stake in this project.
It is not easy to see the reputation of the team behind their project, because crypto is semi-anonymous, so it will be difficult for us to know who they are behind the project. As you said, we will know the reputation if the project is running and successful. So as long as it's still new and there's no good progress, I think we'll all have difficulty predicting it

14
There is a risk of asset loss if you store it on an exchange, although it is equally high as on a crypto independent wallet. Literally, you should be in favor of changing the place of your money because of that same risk, but if you are in such a dilemma, then leave it as soon as possible if someone steals it from you.
I also keep assets on the exchange, because I am a trader. but I always monitor my wallet and try to guard it. We cannot say that it is dangerous to store assets on an exchange, if we store them on a reputable exchange like Binance it is safe. But it all depends on your beliefs and considerations, if you are in doubt about exchanging, keep your assets in your personal wallet

15
Dogecoin Forum / Re: DOGE for Tesla
« on: April 25, 2024, 04:00:06 PM »
Yes, that's Elon who has the advantage of doing everything, by combining everything into his business where, as long as it is profitable, it will be done.
But I don't have confidence that Elon will use doge for his real business interests.
After Tesla, the current X will be used for its own purposes, by providing the opportunity for Doge to become a means of payment.
Elon has done his business well and will continue to do all the issues to increase the desired prestige.
Elon is a businessman, he only makes a profit from everything he does. And what was done in the past by tweeting about Doge to make the price of Doge rise and become more popular was the intervention of Elon Musk, influencing many people.

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