Quote from: Dr.Bitcoin_Strange on January 21, 2024, 10:01:36 PM

There is a popular saying that a tree cannot make a forest.

Bitcoin was doing well without the altcoins and the creation of Altcoins causes the deviation of bitcoin from the real course of invention. Bitcoin was created to pay things online to remove inflation in the world and also to reduce the government control of currency. And today that purpose of bitcoin to pay things is not found in anywhere in the world except few. And this is caused by the creation of Ordinals and the competitive cryptocurrency market caused by altcoins. The real purpose of bitcoin was very good for all but investment has taken over the market. Though the bitcoin helps altcoins to grow because when bitcoin rise altcoins also rise and I don't really for the idealis school of thought that altcoins also helps bitcoin. I will not agree with that part of the thought. If there was no competition bitcoin would have been a good avenue to reduce government power in the economy.

It's true, Bitcoin will continue to do well as you say, but for traders this won't go well because the price of bitcoin is too expensive making it difficult for them to grow assets in cryptocurrency, with altcoins traders have the opportunity to grow assets their cryptocurrency. With the development of altcoins, it can also be an alternative for making transactions if you don't want to use bitcoin because the transaction costs may be quite high.

Quote from: Jamal Aezaz on May 04, 2024, 08:45:36 PM

Quote from: legend45 on May 03, 2024, 08:08:04 PM

Experience and knowledge will give us the ability to minimize risk, and we can achieve profits in investing. As you said, there will always be risks, and that's how the investment world is always full of risks. The more we invest in new coins, the greater the risk, but if it is successful the profits will also be greater.

In the path of success there will always be risk and no investment source is present in this universe which can give you profit without any risk. If we work better and search deeply about which project is better and which is not then this risk can be reduced but nobody is ready to give their time for searching but wants to get huge money in a day.

Nobody can ever get success until their concept about investment in crypto becomes clear and that will be easy only if they give their Precious timing to study regarding the pros and cons of crypto Investment and try to know how to choose a good project for investment.

Risk will always exist in business, if we feel we have confidence in an investment, do research and make an analysis. because with this we can reduce this risk. Likewise investing in crypto, we must have a concept and plan to become a holder or trader, the choice is yours

If you don't want to take high risks then you can invest in bitcoin, I would say directly to bitcoin rather than using the phrase cryptocurrency, cryptocurrency has many digital currencies which cannot necessarily provide profits and have small risks, but when I focus more to say bitcoin then it should be the best choice for long term investment because it has less risk

Quote from: Jamal Aezaz on May 04, 2024, 07:25:05 PM

Quote from: de_prof on May 03, 2024, 04:39:53 AM

If you feel Bitcoin is too expensive to buy, it's best to buy it according to your ability or according to the funds you have. Because in the next few years, the price of bitcoin will be more expensive than today. buy while you can and it's still cheap, because the price of bitcoin will probably be more than $100K

Everyone can buy Bitcoin according to his saved cash and there is no burden or force of investment on any person until he makes the decision of buying by himself. Decrease and increase can happen anytime but I think in future there will be more inflation and you will also be not able to buy Bitcoin at that So if you have some money then buy it now as in future the price will be higher.

Just put a little amount which you can easily manage but if you don't have any money then don't think to take money from others to invest in bitcoin because that will become a burden for you and you will not be able to enjoy your Bitcoin investment.

I agree with your opinion, if you want to buy bitcoin for the future, then you should buy it when the price is still low. but currently the price of bitcoin is high. Maybe at the end of next year we will experience a bearish season, at that time you can buy bitcoin at its lowest point and hold for the long term. because the price of bitcoin will be more expensive in the future.

Unfortunately, at this time low prices still cannot be obtained, current market conditions still make the price of bitcoin have the potential to rise, there must be bad news circulating so that it will cause the price of bitcoin in the market to fall further and have a bad influence on traders who are starting to panic and sell their assets at cheap prices.

Quote from: Smcchamp on May 04, 2024, 07:43:14 AM

Quote from: Power420 on May 01, 2024, 12:26:50 PM

Bitcoin price touched $65k to $56k in just two days. Bitcoin price is in full bearish current position, maybe we are going to reach bull run very soon. Do you think we are headed for a bitcoin bull market or a bear market?

No buddy. This is very healthy imo. BTC is around 61k today. But I'll like to see it at 53k before going all in..

BTC ranged from $61,000 to $64,500. But the market may go up from here, I think the market will not go down. As you wait to see the price of 53k bitcoins here, your wait may fail. Even so, periods of major market volatility may come closer than you expect. But if you wait to invest why didn't you invest at $56k when the market came down to $56k. If anyone is ready to invest I would say pick a position where you can invest when the price of bitcoin goes up. But keep in mind that Bitcoin will go up slowly and may never go down.

It seems like bitcoin is already having difficulty reaching $61k or even $64k. Currently bitcoin is at a price of around $56k and is having difficulty increasing its price again and currently the price of bitcoin tends to fall again. Market conditions are not good because demand for bitcoin is starting to decrease, so it is very dangerous to enter bitcoin again.

Yes Ethereum has not yet touched its new ATH but it is speculated that Ethereum may touch and exceed the new ATH after the approval of its ETF in May. Since the Ethereum ETF will be approved in May, the price of Ethereum will certainly increase if approved. So don't neglect Ethereum because you will miss out if the price starts to rise. I was successful in my investment by buying an Ethereum. I have had a lot of success in my investments so far from where I have bought and invested. But I am hoping that when the bull market starts in the Bitcoin market and Ethereum ETF is approved, Ethereum will definitely reach its all-time high which will generate new ATH. Maybe it is up to 10k dollars.

Unfortunately, until now the Ethereum ETF still has no further information from the SEC, there is a possibility that the SEC will cancel the Ethereum ETF which will trigger bearishness because there will definitely be many whales who will bring down the price of Ethereum because they take advantage of the bad news released by the SEC.

Quote from: EthereumDev_ on May 04, 2024, 10:26:59 AM

We should still be prepared for bearishness so that when bearishness occurs suddenly we have everything ready. Last season's bearishness occurred at the end of 2021 to the beginning of 2022. Market conditions were still down very badly. Imagine if this year's bearish situation would happen like that again, it would probably make many people panic because there was no preparation at all.

Anything can happen in the crypto world, but we have to know that bearish seasons like 2021 and 2022 are likely to occur at the end of 2025 and 2026, based on the usual 4-year cycle. We will only see a correction this year, before bitcoin prices rise to higher prices

In cryptocurrency price movements, anything can happen, therefore, when we decide to enter and buy coins, we must still pay attention to market conditions. Bearish, no one knows when it will happen, what is clear is that now we have started to enter a phase towards bearish.

Quote from: Google+ on April 26, 2024, 11:22:11 PM

Quote from: doc on April 25, 2024, 03:38:23 PM

but some news is circulating that it is possible that the SEC will approve an Ethereum ETF. even though those are just assumptions and predictions. Let's just see in the next few months, because it could be accepted or maybe the SEC will reject it.

It is still possible that the SEC will approve the ethereum ETF for quite some time because it seems that the ethereum developer has not yet provided the improvements that the SEC is interested in. I am sure that if the SEC has given approval for an Ethereum ETF then the price of ethereum on exchanges will increase.

that's right, if the SEC approves an ethereum ETF, the price of ethereum will rise. but if there is bad news about bitcoin that coincides with the ETF being approved until the price of bitcoin falls, will the price of eheereum rise because the ETF is approved. Anything can happen. And ETFs are only one factor that will have a good effect on ethereum if approved, while bad news is the enemy of price increases themselves

Approximately when will the SEC accept Ethereum ETFs? Currently many people are starting to wait for this good news, I am sure that the existence of an Ethereum ETF will increase the opportunity for Ethereum prices to increase and even start the altcoin season which will provide price increases for many altcoins.

Quote from: TopT3ns on May 04, 2024, 09:55:05 AM

Quote from: doc on May 03, 2024, 07:07:25 PM

Reading the news is a good thing to find out the latest information, your advice is very good. We must always be updated about the latest information, that is the function of reading. Like now we also hear that there is a War, this is also news that also has an impact on bitcoin at that time even though the price of bitcoin has increased again at this time.

It seems that the war that occurred some time ago between Iran and Israel did not have a direct impact on the collapse of bitcoin prices. This is the whale's way of influencing many people by bringing down the price of Bitcoin to a low price, which ultimately makes many traders panic and sell at a low price.

Yes, whales will always take advantage of the situation to drop the price of Bitcoin and make people panic. then they buy bitcoin at a cheap price, and when the price of bitcoin rises again they will make the price soar high and then sell it. that's how whales work.

no one can guarantee that whales will always increase the price of bitcoin, sometimes when they make a profit they will immediately drop the price of the coins they have bought and leave. Whales will not hold their assets for a long time, when they have made a profit they will immediately sell them.