Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Smilez on June 25, 2024, 12:17:27 AM
-
Wait, are we all still waiting for the market to change direction? Well, I have a bombshell for you - the market will surely change direction, it's just a matter of time. For now, I'm exploring other opportunities, one of which is an event I came across while doing some research.
The event offers a chance to earn a share of the $100,000 BTC pool price simply by making a deposit and spinning a wheel to see what luck brings. As I always say, I'll try it all and test my luck. What are your thoughts on such events and the current market conditions?
-
Wait, are we all still waiting for the market to change direction? Well, I have a bombshell for you - the market will surely change direction, it's just a matter of time. For now, I'm exploring other opportunities, one of which is an event I came across while doing some research.
It's obvious that the price of BTC is suddenly going down, It's not secret though or bombshell as you have pointed out, we can even call it the norm as price fluctuates, market is very volatile even post-halving. So not sure why you need research though (I'm talking about BTC), sooner or later it will recover and bounce back.
The event offers a chance to earn a share of the $100,000 BTC pool price simply by making a deposit and spinning a wheel to see what luck brings. As I always say, I'll try it all and test my luck. What are your thoughts on such events and the current market conditions?
It has nothing to do with luck, we expect that it will hit $100,000 in 2024, so the best approach is to really accumulate as much as you can. And probably that is the best thing that you can do i a downturn like we are experiencing, BTC is at a discount at $60,000. So if you have the capital right now, then take this opportunity and just HODL and wait till we reach new all time high or at least 6 digits.
-
Wait, are we all still waiting for the market to change direction?
See how this market turns significantly and quickly?
(https://talkimg.com/images/2024/06/25/hfjuJ.png)
https://coinmarketcap.com/
So, what should we do with this current situation?
Simply:
"Do you have more free money?
Then,
(https://talkimg.com/images/2024/06/25/hfrNC.png)
Note:
- Be wise on buying, set your fund and risk management wisely
- Check and analyze which coins to buy much better, hold your own RISK.
The event offers a chance to earn a share of the $100,000 BTC pool price simply by making a deposit and spinning a wheel to see what luck brings.
Wait, is this a promotion of certain event? gambling/betting site? Or, what?
Unfortunately, I'm not a lucky person.
-
Wait, are we all still waiting for the market to change direction? Well, I have a bombshell for you - the market will surely change direction, it's just a matter of time. For now, I'm exploring other opportunities, one of which is an event I came across while doing some research.
Thanks for the reminder but for those who have been involved here for many years, there are a lot of ups and downs, but at the end of the day if you know what you are doing, you will not be bothered by the price tanking or going on a spiral mode like what we are seeing in the last 7 days, price goes to $60k, and have suffered -7% to -9% downturn.
The event offers a chance to earn a share of the $100,000 BTC pool price simply by making a deposit and spinning a wheel to see what luck brings. As I always say, I'll try it all and test my luck. What are your thoughts on such events and the current market conditions?
Perhaps you are talking about the bull run, yeah, there are a lot of speculators and so called modelling predictions that say we will see 6 digit mark ($100k++) next year. So it might be true or not, but in any case, the best scenario is to look for the bigger picture, just continue to accumulate and hold.
-
Re: What Opportunities Are You Capitalizing on During the Current Market Downturn?
1. Value Investing
2. Dollar Cost averaging
These are the 2 things that you might consider doing when the market is on its downturn. Take this as an opportunity for you buy even more assets like stocks and cryptocurrencies. What are those 2? Just google it and you will get the answer there. :)
~
The event offers a chance to earn a share of the $100,000 BTC pool price simply by making a deposit and spinning a wheel to see what luck brings. As I always say, I'll try it all and test my luck. What are your thoughts on such events and the current market conditions?
Well, if you will not lose a huge amount of money doing that thing then I guess you can test your luck through spinning that "WHEEL" that you're saying. As long as the rewards are higher than the amount of risk that you're giving then it's always good. As for the current market conditions, we just saw Bitcoin going belie $60,000 a few hours ago, and I think this is a perfect opportunity for investors to buy more Bitcoin in preparation for the upcoming bull run.
-
The event offers a chance to earn a share of the $100,000 BTC pool price simply by making a deposit and spinning a wheel to see what luck brings. As I always say, I'll try it all and test my luck. What are your thoughts on such events and the current market conditions?
I am not skilled at the odds game, but if the number of participants is large, your chance of winning is less (assuming that the draw will not be biased), and therefore it is better to invest these amounts in Bitcoin instead of trying your luck.
1. Value Investing
2. Dollar Cost averaging
In fact, both of these types of investment are long-term and do not take the current average value of Bitcoin into account, as Dollar Cost averaging does not care about the price trend, but rather the long-term average.
-
I just bought some altcoins when they were dipped due to Bitcoin's recent dip and now I'm already at 10% profit with some of those altcoins. Dips are best times for accumulation because at such times we can accumulate more of an altcoin or Bitcoin at cheaper rates and surely after the dip market recovers in a good manner.
-
Cryptocurrencies are volatile digital commodities and can not be expected to chill at a point like the stocks does.
Whether the market condition is upright or downright it still need to take directives and indirective movements.
However, there is always said to be exploring opportunities in the markets conditions.
When it goes up, investors accounts more profits and when it goes down, investors are chanced to buy and accumulate more.
-
Wait, are we all still waiting for the market to change direction? Well, I have a bombshell for you - the market will surely change direction, it's just a matter of time. For now, I'm exploring other opportunities, one of which is an event I came across while doing some research.
The market changing direction is a certainty because there will always be those who want to buy and sell, but that doesn't mean we will just buy it carelessly, everything has to be done carefully unless you want to be a long term holder.
The event offers a chance to earn a share of the $100,000 BTC pool price simply by making a deposit and spinning a wheel to see what luck brings. As I always say, I'll try it all and test my luck. What are your thoughts on such events and the current market conditions?
That's like gambling because rely on luck, but as long you don't need to spend money on that event that's fine the problem is if you need to spent money I think better for you to buy coin that have potential to grow , don't make mistake by waste your time and money in event that relies on luck.
-
Well, I think the part where we are waiting for, with all the hype and bull run, will come soon. It might be we are just here on the bottom again and then rise once everyone realizes how much everything is and how much better it is for people to have crypto in their portfolio.
I still believe that there are a lot of people not actively in cryptocurrency and this might change if collectively put into cryptocurrency.
Those promotions hopefully bring more people and invest in cryptocurrencies.
-
The event offers a chance to earn a share of the $100,000 BTC pool price simply by making a deposit and spinning a wheel to see what luck brings. As I always say, I'll try it all and test my luck. What are your thoughts on such events and the current market conditions?
This is pure gambling. Just imagine that you have already exhausted 70% of your portfolio in buying bitcoin with the hope that it is going to bull soonest but suddenly it has turned to the rear gear. Will your best bet be to be patient and wait and maybe try acquire more coins at discounted prices or will it be for you to start gambling with the remaining 30% of your portfolio. Your thought is as good as mine.
I wish you great in whatever thing you wish to do, but this is honestly not the time to gamble with your money.