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Messages - legend45

Pages: [1] 2 3 ... 120
1
Ethereum Forum / Re: Why is Ether (ETH) price up today?
« on: Today at 01:25:51 PM »
In my opinion, the price of ethereum will only experience a correction in the next few months, the price will be slightly cheaper than now. Maybe at that time we can buy ethereum, but if we want it to be cheaper we wait until the bearish season which is likely to occur at the end of next year
Unfortunately we don't know when bearishness will occur again, because so far the price of bitcoin seems to always have strong support so whales have difficulty making the price of bitcoin collapse. If at the end of next year the price collapses then it will still be too long to buy.
Since the market of Ethereum is directly dependent on the price of Bitcoin, when the price of Bitcoin falls, it is likely that the price of Ethereum will fall. The market has been positive for a long time and from the market positive for a long time now the market has dumped a bit and by dumping a bit the market is trying to settle in that position. If the market stays in its current position then we don't need to worry too much about this market as the market can go up again from here. But the concern is that if the market can't hold its position and if the market takes a big dump again, it will be very difficult to reach the previous position of the market.
yes, the price of ethereum will always follow bitcoin. Marjet is red again this time and altcoins including ethereum are also experiencing price declines. I wonder whether we will experience a bearish season before the bullish season which is expected to occur at the end of this year

2
It seems that Bitcoin has struggled and been corrected for almost a month, but in my opinion Bitcoin still has the ability to rise more than the previous ATH. It's just a matter of waiting, and we also know that news wars also affect crypto prices
It's true, as you have seen, the price of bitcoin has been going down for too long, if there is no good news that can trigger an increase in the price of bitcoin, it is likely that the price of bitcoin will collapse again and more and more people will sell bitcoin at low prices because many will panic.
Even small investors will panic and rush to sell Bitcoin, those who have free money and bear funds will definitely choose to wait. because they understand that bullishness will occur a year after the bitcoin halving. because that's what always happens during a 4 year cycle

3
Bitcoin Forum / Re: Is Bitcoin Too Expensive For Me?
« on: Today at 01:16:38 PM »
I see everyone here is talking about the importance of the DCA strategy, inasmuch as the DCA strategy is undoubtedly effective when it comes to bitcoin accumulation, I don't think the OP is asking for the best strategy to use when investing, his question was rather very clear "Is it advisable to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?" And not what is the best investment strategy to employ when investing in bitcoin. Let's try to focus on the actual topic and not deviate. Thank you
To answer this question "Is it appropriate to buy Bitcoin with the little amount I have, or should I rather go for altcoins that my funds can meet up with?" We can advise the OP to buy altcoins that match the amount of funds, this is done if funds are limited. but if I have large funds, I will choose to buy bitcoin, because I think bitcoin is safer to hold. because I am a holder

4
ETF  Bitcoin has been approved and is already underway, and it's likely that  ETF ethereum  will follow suit. Currently the SEC is just learning. If ETF ethereum  is approved, we will see crypto prices soar. This is the moment investors and traders have been waiting for, so be patient. rest assured that time will definitely come
Bitcoin ETFs have a very easy time process for receiving ETFs, while Ethereum seems to require quite complicated efforts because until now the SEC has not given permission for an ETF for Ethereum. Maybe the SEC realized that there was such a risky issue in Ethereum that they didn't give it easy permission to get into an ETF.
Bitcoin is easier to get ETF approval, because bitcoin is the King of crypto currencies, more popular and safer than ethereum. The SEC needs time to review Ethereum's ETF proposal, so just wait. I am also waiting for good news from ETF

5
Ethereum Forum / Re: Ethereum vs of BNB Platform
« on: Today at 01:11:15 PM »
That is the reality that happens, whales don't have large transaction costs because the profits they get are much bigger. Even though not all whales are like that, it's possible that whales only see profit and don't care about the costs. Maybe this is a mistake in the Ethereum team's consideration as to why it doesn't prioritize resolving the high gas fee problem
If we look at Ethereum's gas fees, currently it seems to have become very cheap, when Ethereum transaction fees increase it shows that the Ethereum network is being used a lot to carry out transactions, causing gas fees to increase quite high.
Ethereum, in my opinion the fees are expensive. Even if it's cheap when traffic is low, many investors and traders wait for that time to make transactions. DEveryone hopes that Ethereum gas fees will be cheaper, and the team has a solution to this problem. Although whales don't care about gas fees

6
Bitcoin Forum / Re: Impact of Halving on Bitcoin Mining
« on: Today at 01:06:19 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.
Because Bitcoin halving is exciting to discuss, that's why the media is discussing it. and after the halving, the media will feel quiet. That's natural, because in a bear season, almost all investors are just waiting to buy the bottom position, and plan to hold it for the long term

7
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.
Becoming a fighter is not easy, most of them fail when going through a difficult process. but if successful he has a story in the experience he had. Likewise, learning to trade in crypto, when seeking experience and learning, we will be faced with a painful experience, namely loss

8
Cryptocurrency Trading / Re: HODLing Altcoins
« on: Today at 01:01:20 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.
Maybe we could take a bigger risk by trading in a new meme coin, but this is very high risk. If you don't have experience, it's best not to do it. If you want to be safe, become a holder. This is safer to do and of course requires capital that really won't be used in the near future

9
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.
Trading can be done if we have a lot of time and always focus on monitoring the market, I don't have much time. I only trade during my free time, because I am busy with work and family. Holding is my favorite way to invest in crypto

10
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

11
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.

12
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.

13
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

14
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

15
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

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