Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: dhara on September 09, 2024, 08:34:48 AM
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Nothing has changed for Bitcoin except the price. Bitcoin is where it's at, the price is influenced by people who don't understand Bitcoin (otherwise they would just HODL). We cannot understand Bitcoin if we do not know about it.
Bitcoin will still take over. The price will rise to $1 million and eventually, there is no question about it. Just use the opportunity to buy cheap. The only thing that matters is the amount of Bitcoins you own. And it will be profitable..
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Nice caption... Don't be discouraged that the price of Bitcoin has become too high for you to buy one, just be aware that the price will keep growing up to unexpected amount and it remains volatile.
Hence... It is not a must you must buy one but coin but can always buy what amount as fraction of it which you can afford and then hold it. Your assets would still come to surge hugely as profits for you.
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Nothing has changed for Bitcoin except the price. Bitcoin is where it's at, the price is influenced by people who don't understand Bitcoin (otherwise they would just HODL). We cannot understand Bitcoin if we do not know about it.
Bitcoin will still take over. The price will rise to $1 million and eventually, there is no question about it. Just use the opportunity to buy cheap. The only thing that matters is the amount of Bitcoins you own. And it will be profitable..
I think that you will be created an excellent topic in this moment. Because we also believe that bitcoin price is very important matter in cryptocurrency market. We also know that bitcoin is one of the best valuable crypto in cryptocurrency world. In future bitcoin price will be cross $100k. So i think if we invest in bitcoin, it wiill be Proper time for holder and investors. Because i think after down in bitcoin will be very pump in the cryptocurrency market.
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Aside from the people who decided not to anymore hold Bitcoin (sell), we should also note that Bitcoin is traded on a global scale and these traders are also major influencers for the price of this asset. Now, of course, if there is one thing that will not change for any reason it must be Bitcoin and maybe 10 years (speculation) from now maybe BTC would be priced 1 million dollar already so if you have 1 BTC under your sleeves you can be a millionaire at the right time. The best thing to do when there is a dip just like now is to get more (buy) so we will have an asset we can depend on years later. Now, to the question of the importance of the price of Bitcoin, here it is: the price determines the value of anything including Bitcoin and if something is not priced well then maybe it has less value at all and the biggest reason why BTC is now highly-priced is because people are seeing its value well today and into the future.
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Nothing has changed for Bitcoin except the price. Bitcoin is where it's at, the price is influenced by people who don't understand Bitcoin (otherwise they would just HODL). We cannot understand Bitcoin if we do not know about it.
Bitcoin will still take over. The price will rise to $1 million and eventually, there is no question about it. Just use the opportunity to buy cheap. The only thing that matters is the amount of Bitcoins you own. And it will be profitable..
I think that you will be created an excellent topic in this moment. Because we also believe that bitcoin price is very important matter in cryptocurrency market. We also know that bitcoin is one of the best valuable crypto in cryptocurrency world. In future bitcoin price will be cross $100k. So i think if we invest in bitcoin, it wiill be Proper time for holder and investors. Because i think after down in bitcoin will be very pump in the cryptocurrency market.
It's essential to accumulate it no matter the price.
You will thank the market later ;D
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In investing there is no need to miss out, as long as you still have the capital to invest, just do it and investing in Bitcoin is very good if you have a lot of capital. Bitcoin market movements are very fast and if you can set a strategy or take smart steps in trading, I think this is an opportunity to make a profit every day. This is the moment that everyone is looking for to gain profits without putting in much effort but with the way we think in managing or managing assets.
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In investing there is no need to miss out, as long as you still have the capital to invest, just do it and investing in Bitcoin is very good if you have a lot of capital. Bitcoin market movements are very fast and if you can set a strategy or take smart steps in trading, I think this is an opportunity to make a profit every day. This is the moment that everyone is looking for to gain profits without putting in much effort but with the way we think in managing or managing assets.
I would say that you wouldn't be able to see profits each day, per se, but every year or two - it's viable and possible.
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If price was important, why would there have been investors and those interested in developing Bitcoin when it was a pilot project and the price was less than $100, or why would anyone have invested when there was an 80% correction? So what drives people to buy Bitcoin is not the high price, but a combination of reasons, such as decentralization, cheapness of making payments, irreversibility, price volatility, increasing demand, limited supply, and it being an investment opportunity.
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A rise in the price of Bitcoin is certainly good news for investors. Because people who invest in Bitcoin are very optimistic. But this poses a problem for those looking to buy and hold Bitcoin. And the price of BTC is increasing for those who hold it. Bitcoin supply is low compared to demand. For those holding on to it, the price of Bitcoin is going up very quickly. So I would say investors should use bitcoins rather than abnormally hold them. But its price will be under control.
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I want to buy bitcoin at very low price, if you want you can reduce the price of bitcoin to $100. It is quite unusual for bitcoin prices to drop because i am a small investor. Where there are big investment institutions so you can't get the price of bitcoin at your fingertips even if you want to. Day by day various institutional investors are now flocking to bitcoin. So every now and then we can get new records of bitcoin price increase. However, such predictions have been made before about the price of bitcoin, but they did not materialize. So don't follow anyone words and buy at your own time.
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In investing there is no need to miss out, as long as you still have the capital to invest, just do it and investing in Bitcoin is very good if you have a lot of capital. Bitcoin market movements are very fast and if you can set a strategy or take smart steps in trading, I think this is an opportunity to make a profit every day. This is the moment that everyone is looking for to gain profits without putting in much effort but with the way we think in managing or managing assets.
Yes you are on points. however, there are some people that believe that trading is very risky but I don't agree with those groups of thoughts, rather I think that Trading crypto like Bitcoin is rucrative especially when you are experienced, or even having an average knowledge trading level.
Trading Bitcoin is one of best strategic ideas to earn on the crypto economy, like you rightly said, " Bitcoin movements is fast", many do not realize this opportunity probably because of fear of losing it all. Once you have good capital plus basic knowledge, trading Bitcoin remains a big opportunity to make quick profit regularly.
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People selling btc may not fully understand its long-term potential though, which is the reason true believers hold onto it. Bitcoin can still hit $1 million, so buying it now is going to be a smart move. it is also important to recognize that the success of btc depends solely on global adoption, acceptance, regulations, and competition. While owning Bitcoin is key, it is also important to understand the risks and how it fits into the economic picture.
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I don't know if BTC can rise to $1m like you say, and even if that is going to happen, it is a future away. Let us not forget that BTC is more than just its price, it also has its value in its use cases and its features as well, BTC is also a currency, and if you have merchants around you that accept BTC, you should consider spending BTC in their store sometime.
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If Bitcoin reaches 1 million USD then all organizations that have Bitcoin will get pension funds quickly. I just imagine if I have 1 Bitcoin and the price is 1 million USD then my pension money is definitely enough to support one generation of my children, if they live frugally. But to reach the price of 1 million USD is very difficult, I also think it is impossible to feel fast if Bitcoin will reach 1 million USD in 1 or 2 years. It may take another 10 years or more for Bitcoin to reach 1 million USD.
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I don't know if BTC can rise to $1m like you say, and even if that is going to happen, it is a future away. Let us not forget that BTC is more than just its price, it also has its value in its use cases and its features as well, BTC is also a currency, and if you have merchants around you that accept BTC, you should consider spending BTC in their store sometime.
Totally valid.
BTC is not a magic bag where your money grows, it's a currency with it's own cases which expand each day. With the biggest volumes available at the market.
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Nice caption... Don't be discouraged that the price of Bitcoin has become too high for you to buy one, just be aware that the price will keep growing up to unexpected amount and it remains volatile.
Hence... It is not a must you must buy one but coin but can always buy what amount as fraction of it which you can afford and then hold it. Your assets would still come to surge hugely as profits for you.
The volatile nature of bitcoin is what makes the prive movement of bitcoin to act the way we are seeing it but the fact is that bitcoin price increases overtime and when there's a dip in price, it is an opportunity for those who are prepared for it to buy cheaper. The asymmetric of bitcoin price going up is higher than goin down so don't wait but keep on accumulating more bitcoin.
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The volatile nature of bitcoin is what makes the prive movement of bitcoin to act the way we are seeing it but the fact is that bitcoin price increases overtime and when there's a dip in price, it is an opportunity for those who are prepared for it to buy cheaper. The asymmetric of bitcoin price going up is higher than goin down so don't wait but keep on accumulating more bitcoin.
Some people call it DCA... optimistically accumulating even though the price is like a roller coaster... but what is certain is the belief of many people in Bitcoin that one day the price of Bitcoin will rise to provide a profit even though the average purchase price is relatively high... for me, only Bitcoin can be relied on to be a good long-term asset in the cryptocurrency space... moreover, there are also many big investors who are interested in the movement of Bitcoin which they do not really understand the world of cryptocurrency.
Seeing its performance every year which is improving, this is a good opportunity for long-term holders... so I still recommend it for anyone who wants to accumulate Bitcoin regularly for the sake of the future.
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The volatile nature of bitcoin is what makes the prive movement of bitcoin to act the way we are seeing it but the fact is that bitcoin price increases overtime and when there's a dip in price, it is an opportunity for those who are prepared for it to buy cheaper. The asymmetric of bitcoin price going up is higher than goin down so don't wait but keep on accumulating more bitcoin.
Some people call it DCA... optimistically accumulating even though the price is like a roller coaster... but what is certain is the belief of many people in Bitcoin that one day the price of Bitcoin will rise to provide a profit even though the average purchase price is relatively high... for me, only Bitcoin can be relied on to be a good long-term asset in the cryptocurrency space... moreover, there are also many big investors who are interested in the movement of Bitcoin which they do not really understand the world of cryptocurrency.
Seeing its performance every year which is improving, this is a good opportunity for long-term holders... so I still recommend it for anyone who wants to accumulate Bitcoin regularly for the sake of the future.
I totally agree.
The only thing at stake would be time itself.
And your funds are protected being transformed into BTC, basically.
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It may take another 10 years or more for Bitcoin to reach 1 million USD.
Ten years is short in my honest opinion for BTC to reach one million USD, it will take longer than that. BTC cycle which completes with the BTC halving takes place every four years or so, or to be specific, after every 210,000 blocks. So if you calculate it in this way and the current ath of BTC, you'll understand that it will take a very long time for BTC to ever get to that price.
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Nothing has changed for Bitcoin except the price. Bitcoin is where it's at, the price is influenced by people who don't understand Bitcoin (otherwise they would just HODL). We cannot understand Bitcoin if we do not know about it.
Bitcoin will still take over. The price will rise to $1 million and eventually, there is no question about it. Just use the opportunity to buy cheap. The only thing that matters is the amount of Bitcoins you own. And it will be profitable..
People are always concerned with the price of Bitcoin are people that are yet to understand the crypto space and the potential of Bitcoin, in a few years it's going be of high value and a lot of people would regret not taking advantage of the opportunity they had, I'm one of those people that regret not investing in crypto ten years ago and look at where it is today, imagine how high it's going to be in five or ten years from now
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Nothing has changed for Bitcoin except the price. Bitcoin is where it's at, the price is influenced by people who don't understand Bitcoin (otherwise they would just HODL). We cannot understand Bitcoin if we do not know about it.
Bitcoin will still take over. The price will rise to $1 million and eventually, there is no question about it. Just use the opportunity to buy cheap. The only thing that matters is the amount of Bitcoins you own. And it will be profitable..
People are always concerned with the price of Bitcoin are people that are yet to understand the crypto space and the potential of Bitcoin, in a few years it's going be of high value and a lot of people would regret not taking advantage of the opportunity they had, I'm one of those people that regret not investing in crypto ten years ago and look at where it is today, imagine how high it's going to be in five or ten years from now
Not only you, I also experienced the same thing, because I was hesitant when bitcoin was first launched and only bought a little bitcoin and rushed to sell it when the price went up. If I had held on longer, maybe 7-8 years from the initial price I bought it at, I might have been rich by now. But let's just be grateful because we can still invest in bitcoin and altcoins even though the profits are not as big as if we had bought it when bitcoin was first launched.
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Nothing has changed for Bitcoin except the price. Bitcoin is where it's at, the price is influenced by people who don't understand Bitcoin (otherwise they would just HODL). We cannot understand Bitcoin if we do not know about it.
Bitcoin will still take over. The price will rise to $1 million and eventually, there is no question about it. Just use the opportunity to buy cheap. The only thing that matters is the amount of Bitcoins you own. And it will be profitable..
People are always concerned with the price of Bitcoin are people that are yet to understand the crypto space and the potential of Bitcoin, in a few years it's going be of high value and a lot of people would regret not taking advantage of the opportunity they had, I'm one of those people that regret not investing in crypto ten years ago and look at where it is today, imagine how high it's going to be in five or ten years from now
Not only you, I also experienced the same thing, because I was hesitant when bitcoin was first launched and only bought a little bitcoin and rushed to sell it when the price went up. If I had held on longer, maybe 7-8 years from the initial price I bought it at, I might have been rich by now. But let's just be grateful because we can still invest in bitcoin and altcoins even though the profits are not as big as if we had bought it when bitcoin was first launched.
many have the same fate as you, I am not the first person to follow the launch of bitcoin because maybe I came late to crypto after 3 years of bitcoin being launched but the price of bitcoin at that time was still low, unfortunately I did not think to buy a lot and hold for the long term because of the needs of life. I have to meet the needs of my family so I do not have free funds for long-term holding.
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Bitcoin will still take over. The price will rise to $1 million and eventually, there is no question about it.
No one yet knows that when Bitcoin's value will reach $1 million or cross that value but surely if it gets investors attention overtime and the Hodlers keep Hodling their Bitcoin for long term then that day isn't far when we may see Bitcoin at $1M per Bitcoin.
I even expect that Bitcoin can reach $1M value in one decade from this date and there's chance it might cross that value as well. Some analysts think that Bitcoin might reach way higher value than that $1M, they think that it may reach or cross $5M or $10M in value in future.
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Bitcoin will still take over. The price will rise to $1 million and eventually, there is no question about it.
No one yet knows that when Bitcoin's value will reach $1 million or cross that value but surely if it gets investors attention overtime and the Hodlers keep Hodling their Bitcoin for long term then that day isn't far when we may see Bitcoin at $1M per Bitcoin.
I even expect that Bitcoin can reach $1M value in one decade from this date and there's chance it might cross that value as well. Some analysts think that Bitcoin might reach way higher value than that $1M, they think that it may reach or cross $5M or $10M in value in future.
Maybe in 10 years the price of bitcoin will reach $ 1 million because we also know that the longer the price of bitcoin will be more expensive and need free funds if you want to hold until the price of bitcoin reaches a million dollars. Currently I only focus on bullish next year by buying some bitcoins and potential altcoins and holding them, because as you said no one knows when the price of bitcoin will reach a million dollars, also no one knows bitcoin will reach a price of $ 150K next year.
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Bitcoin will still take over. The price will rise to $1 million and eventually, there is no question about it. Just use the opportunity to buy cheap. The only thing that matters is the amount of Bitcoins you own. And it will be profitable..
You are just quoting numbers without facts. You think Bitcoin price will just shoot up one day and go $1M in a short time? You are not even saying $100k but a 10x from the $100k. I hope you know that to achieved that price, you will need to have Trillions of Bitcoin in market cap and has billions of steady volume in trading.
I want you to know that people that believe in Bitcoin will always hold and continue to hold regardless if other people that panic sell their Bitcoin or want to hold. Just know that Bitcoin isn't a scheme to grow and hold, everyone can do what they wish with their bags.
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Nothing has changed for Bitcoin except the price. Bitcoin is where it's at, the price is influenced by people who don't understand Bitcoin (otherwise they would just HODL). We cannot understand Bitcoin if we do not know about it.
Bitcoin will still take over. The price will rise to $1 million and eventually, there is no question about it. Just use the opportunity to buy cheap. The only thing that matters is the amount of Bitcoins you own. And it will be profitable..
If everyone is holding, then obviously someone has to be selling, otherwise, there’d be no liquidity in the market. But you bring up a good point—miners do understand Bitcoin well, yet they sell instead of just holding. Why? It's not necessarily because they lack understanding of BTC, but because their purpose is different. Miners have operating costs like electricity, hardware, and other expenses that need to be paid regularly, so they sell a portion of their mined BTC to cover these costs.
And you're right, holding BTC isn't just about understanding its potential but about individual goals. Some people hold for long-term gains, others sell to cover expenses or take short-term profits. You can't really generalize this behavior without context.
Bitcoin has indeed changed a lot, not just in price but in its infrastructure as well. The introduction of Layer 2 networks like the Lightning Network, and the development of dApps on BTC’s blockchain, are significant milestones. Even meme coins are now on BTC, which has created new opportunities and added to the overall crypto market cap, pushing it over $2 trillion. This shows how adaptable the BTC network has become beyond just being a store of value.
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You are just quoting numbers without facts. You think Bitcoin price will just shoot up one day and go $1M in a short time? You are not even saying $100k but a 10x from the $100k. I hope you know that to achieved that price, you will need to have Trillions of Bitcoin in market cap and has billions of steady volume in trading.
I want you to know that people that believe in Bitcoin will always hold and continue to hold regardless if other people that panic sell their Bitcoin or want to hold. Just know that Bitcoin isn't a scheme to grow and hold, everyone can do what they wish with their bags.
Hmmmm this makes sense. We should keep in mind that Bitcoin price will not suddenly go up to $1M without good reason. If this want to happen so Bitcoin would need to be worth trillions of dollars and have lot of people trading it regularly which can not happen quickly. People who really believe in Bitcoin will keep holding it even if others think to sell theirs. Everyone can decide what he/she do with their own Bitcoin. Bitcoin is not way to get rich quickly. Its value will be decided by what is happening in market not just for what people hope or think will happen. We need to be careful and informed when thinking about Bitcoin's future.
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It may take another 10 years or more for Bitcoin to reach 1 million USD.
Ten years is short in my honest opinion for BTC to reach one million USD, it will take longer than that. BTC cycle which completes with the BTC halving takes place every four years or so, or to be specific, after every 210,000 blocks. So if you calculate it in this way and the current ath of BTC, you'll understand that it will take a very long time for BTC to ever get to that price.
210,000 blocks for every 4 years, if x2 means 420,000 blocks, I call it 10 years, and that means there are still 2 years that have not passed which according to you the value of BTC to 1 million USD is still a long time. I also want to ask you how many years will BTC reach 1 million USD? 30 years, 40 years or even longer?
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It may take another 10 years or more for Bitcoin to reach 1 million USD.
Ten years is short in my honest opinion for BTC to reach one million USD, it will take longer than that. BTC cycle which completes with the BTC halving takes place every four years or so, or to be specific, after every 210,000 blocks. So if you calculate it in this way and the current ath of BTC, you'll understand that it will take a very long time for BTC to ever get to that price.
Yeah, I do agree here.
It will happen, probably, but a longer time frame is needed.
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It may take another 10 years or more for Bitcoin to reach 1 million USD.
Ten years is short in my honest opinion for BTC to reach one million USD, it will take longer than that. BTC cycle which completes with the BTC halving takes place every four years or so, or to be specific, after every 210,000 blocks. So if you calculate it in this way and the current ath of BTC, you'll understand that it will take a very long time for BTC to ever get to that price.
Actually it is indeterminate what will be the next step of Bitcoin, Bitcoin changes direction at will, we can't do anything about it. But just a guess, but considering the current situation and Bitcoin's past, it makes sense that it may take a lot longer to cross $1m.
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Nothing has changed for Bitcoin except the price. Bitcoin is where it's at, the price is influenced by people who don't understand Bitcoin (otherwise they would just HODL). We cannot understand Bitcoin if we do not know about it.
Bitcoin will still take over. The price will rise to $1 million and eventually, there is no question about it. Just use the opportunity to buy cheap. The only thing that matters is the amount of Bitcoins you own. And it will be profitable..
The bitcoin price helps a lot in making decision and setting on some determining factors over what we want in cryptocurrency investment, this is very useful for those trying to get into the market and those making trades and investment on bitcoin because they are going to have a direction on when and how to invest in bitcoin, for how long to hold and other investment decisions they may want to carry out.
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You are just quoting numbers without facts. You think Bitcoin price will just shoot up one day and go $1M in a short time? You are not even saying $100k but a 10x from the $100k. I hope you know that to achieved that price, you will need to have Trillions of Bitcoin in market cap and has billions of steady volume in trading.
I want you to know that people that believe in Bitcoin will always hold and continue to hold regardless if other people that panic sell their Bitcoin or want to hold. Just know that Bitcoin isn't a scheme to grow and hold, everyone can do what they wish with their bags.
Hmmmm this makes sense. We should keep in mind that Bitcoin price will not suddenly go up to $1M without good reason. If this want to happen so Bitcoin would need to be worth trillions of dollars and have lot of people trading it regularly which can not happen quickly. People who really believe in Bitcoin will keep holding it even if others think to sell theirs. Everyone can decide what he/she do with their own Bitcoin. Bitcoin is not way to get rich quickly. Its value will be decided by what is happening in market not just for what people hope or think will happen. We need to be careful and informed when thinking about Bitcoin's future.
Bitcoin price has the potential to rise to a million dollars but that might happen in 8-10 years, because for now there is still not much trading volume of bitcoin to reach that level. Prediction on bullish next year bitcoin price will reach $150k or if there is good news it might reach $200K, we'll see early next year how the crypto market moves.
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You are just quoting numbers without facts. You think Bitcoin price will just shoot up one day and go $1M in a short time? You are not even saying $100k but a 10x from the $100k. I hope you know that to achieved that price, you will need to have Trillions of Bitcoin in market cap and has billions of steady volume in trading.
I want you to know that people that believe in Bitcoin will always hold and continue to hold regardless if other people that panic sell their Bitcoin or want to hold. Just know that Bitcoin isn't a scheme to grow and hold, everyone can do what they wish with their bags.
Hmmmm this makes sense. We should keep in mind that Bitcoin price will not suddenly go up to $1M without good reason. If this want to happen so Bitcoin would need to be worth trillions of dollars and have lot of people trading it regularly which can not happen quickly. People who really believe in Bitcoin will keep holding it even if others think to sell theirs. Everyone can decide what he/she do with their own Bitcoin. Bitcoin is not way to get rich quickly. Its value will be decided by what is happening in market not just for what people hope or think will happen. We need to be careful and informed when thinking about Bitcoin's future.
Bitcoin price has the potential to rise to a million dollars but that might happen in 8-10 years, because for now there is still not much trading volume of bitcoin to reach that level. Prediction on bullish next year bitcoin price will reach $150k or if there is good news it might reach $200K, we'll see early next year how the crypto market moves.
It is necessary to learn the trends and newest arrivals in the specific market, which in our case is the crypto market. Here other factors that can lead to changes in prices include New technologist, rules and regulations, volatilities in the market trends. It will be beneficial to direct the discussion to precise facts along with detailed analysis to make better decisions about the future investments.
Moreover, getting an expert opinion and debating with a group of individuals who have the similar view can give extra ideas and increase the understanding of the more complex features of the market. ChemConnection can be a perfect method of staying bound and informed about the possible changes in a certain market, especially for the members of the chemistry field.
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it is necessary to learn the trends and newest arrivals in the specific market, which in our case is the crypto market. Here other factors that can lead to changes in prices include New technologist, rules and regulations, volatilities in the market trends. It will be beneficial to direct the discussion to precise facts along with detailed analysis to make better decisions about the future investments.
Moreover, getting an expert opinion and debating with a group of individuals who have the similar view can give extra ideas and increase the understanding of the more complex features of the market. ChemConnection can be a perfect method of staying bound and informed about the possible changes in a certain market, especially for the members of the chemistry field.
Yes we have to learn new trends and new technologies in crypto because something new has a greater chance of profit, but don't forget the risk is also greater. We have to do research and read every debate that exists because this will increase our insight to decide on investment or wait until we are sure to buy coins from the new project. but honestly I will follow the new trend to make a profit.
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it is necessary to learn the trends and newest arrivals in the specific market, which in our case is the crypto market. Here other factors that can lead to changes in prices include New technologist, rules and regulations, volatilities in the market trends. It will be beneficial to direct the discussion to precise facts along with detailed analysis to make better decisions about the future investments.
Moreover, getting an expert opinion and debating with a group of individuals who have the similar view can give extra ideas and increase the understanding of the more complex features of the market. ChemConnection can be a perfect method of staying bound and informed about the possible changes in a certain market, especially for the members of the chemistry field.
Yes we have to learn new trends and new technologies in crypto because something new has a greater chance of profit, but don't forget the risk is also greater. We have to do research and read every debate that exists because this will increase our insight to decide on investment or wait until we are sure to buy coins from the new project. but honestly I will follow the new trend to make a profit.
I divide my crypto investment into several coins, because I think diversifying will increase the opportunity to achieve profit and minimize losses. I invest in old coins and also new coins, old coins like bitcoin, ethereum, BNB are safe coins for long-term holding. While new coins are suitable for medium term, that's according to my research so far.
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it is necessary to learn the trends and newest arrivals in the specific market, which in our case is the crypto market. Here other factors that can lead to changes in prices include New technologist, rules and regulations, volatilities in the market trends. It will be beneficial to direct the discussion to precise facts along with detailed analysis to make better decisions about the future investments.
Moreover, getting an expert opinion and debating with a group of individuals who have the similar view can give extra ideas and increase the understanding of the more complex features of the market. ChemConnection can be a perfect method of staying bound and informed about the possible changes in a certain market, especially for the members of the chemistry field.
Yes we have to learn new trends and new technologies in crypto because something new has a greater chance of profit, but don't forget the risk is also greater. We have to do research and read every debate that exists because this will increase our insight to decide on investment or wait until we are sure to buy coins from the new project. but honestly I will follow the new trend to make a profit.
I divide my crypto investment into several coins, because I think diversifying will increase the opportunity to achieve profit and minimize losses. I invest in old coins and also new coins, old coins like bitcoin, ethereum, BNB are safe coins for long-term holding. While new coins are suitable for medium term, that's according to my research so far.
Your method is correct, if you invest in this way, you will have various leverage opportunities. Because new coins can sometimes get good things, although the risk is high, we will have the chance to get good things when we take more risks. So if we invest in the new coin along with the old top coin, In addition to this, if you invest in new coins, it can have a much more positive effect on our financial situation.
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Your method is correct, if you invest in this way, you will have various leverage opportunities. Because new coins can sometimes get good things, although the risk is high, we will have the chance to get good things when we take more risks. So if we invest in the new coin along with the old top coin, In addition to this, if you invest in new coins, it can have a much more positive effect on our financial situation.
The idea of investing with new coins and old coins appears to be quite inviting, and thus attractive. New coins are usually characterized by higher potential growth than the established digital assets but at the same time contain higher risks. On the same note, more stable coins might provide stability coupled with security against higher fluctuations. With this strategy, you will be in a position to benefit from the new coins that are as a result of inventions in the market and at the same time have your investment secured in other coins. It allows you to pursue growth in the process, but at the same time, avoid on any or some of the threats that are likely to occur at large.
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Your method is correct, if you invest in this way, you will have various leverage opportunities. Because new coins can sometimes get good things, although the risk is high, we will have the chance to get good things when we take more risks. So if we invest in the new coin along with the old top coin, In addition to this, if you invest in new coins, it can have a much more positive effect on our financial situation.
The idea of investing with new coins and old coins appears to be quite inviting, and thus attractive. New coins are usually characterized by higher potential growth than the established digital assets but at the same time contain higher risks. On the same note, more stable coins might provide stability coupled with security against higher fluctuations. With this strategy, you will be in a position to benefit from the new coins that are as a result of inventions in the market and at the same time have your investment secured in other coins. It allows you to pursue growth in the process, but at the same time, avoid on any or some of the threats that are likely to occur at large.
New coins will give higher profits than old coins, but the risk is also higher. If we decide to buy new coins, we should do good research and make an analysis before buying new coins. I don't have much experience with new projects, but I learned to take advantage of buying potential new coins. Although the risk is high, of course we don't use large capital.
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Nothing has changed for Bitcoin except the price. Bitcoin is where it's at, the price is influenced by people who don't understand Bitcoin (otherwise they would just HODL). We cannot understand Bitcoin if we do not know about it.
Bitcoin will still take over. The price will rise to $1 million and eventually, there is no question about it. Just use the opportunity to buy cheap. The only thing that matters is the amount of Bitcoins you own. And it will be profitable..
I think that you will be created an excellent topic in this moment. Because we also believe that bitcoin price is very important matter in cryptocurrency market. We also know that bitcoin is one of the best valuable crypto in cryptocurrency world. In future bitcoin price will be cross $100k. So i think if we invest in bitcoin, it wiill be Proper time for holder and investors. Because i think after down in bitcoin will be very pump in the cryptocurrency market.
It's essential to accumulate it no matter the price.
You will thank the market later ;D
Well yeah that is actually what it should be because at the end of the day we are still getting what the future prices may bring so much better to prepare for it and the best way to do that is to accumulate as many and as early as possible because we don't know what tomorrow will bring but one thing is for sure is that Bitcoin in the future is much more expensive than what we have today.
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Yes. What's important is the amount of Bitcoin you own at a particular average purchase price if you practice DCA. That will determine the amount of profit you'll make over time.
I think Bitcoin is the safest investment in the crypto space, and it's going to continue increasing in value over the years.
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Yes. What's important is the amount of Bitcoin you own at a particular average purchase price if you practice DCA. That will determine the amount of profit you'll make over time.
I think Bitcoin is the safest investment in the crypto space, and it's going to continue increasing in value over the years.
DCA is not for everyone, there are some persons that actually have a large capital and can therefore purchase a huge sum of Bitcoin just in one go and those people only use DCA strategy when it's really necessary, for example if they are not certain about the price for that moment. The possibility of making enough profit from Bitcoin is when you have enough capital and when you are able to hold for a long time.
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Your method is correct, if you invest in this way, you will have various leverage opportunities. Because new coins can sometimes get good things, although the risk is high, we will have the chance to get good things when we take more risks. So if we invest in the new coin along with the old top coin, In addition to this, if you invest in new coins, it can have a much more positive effect on our financial situation.
The idea of investing with new coins and old coins appears to be quite inviting, and thus attractive. New coins are usually characterized by higher potential growth than the established digital assets but at the same time contain higher risks. On the same note, more stable coins might provide stability coupled with security against higher fluctuations. With this strategy, you will be in a position to benefit from the new coins that are as a result of inventions in the market and at the same time have your investment secured in other coins. It allows you to pursue growth in the process, but at the same time, avoid on any or some of the threats that are likely to occur at large.
Investors in crypto platforms must take risks to be successful. There is no instance of succeeding without risk. But it is also important to know whether the investor has high risk taking capacity or not. Any excess risk beyond what I can bear will cause me to lose. But in order to reduce the risk, I definitely need to invest in a reliable platform. Newer coins have higher returns as well as higher chances of losing. I think it is safe to invest in those coins which are surviving for a long time and have a good reputation and potentiality in the market and of all crypto platforms, Bitcoin is the safest and most profitable investment for long-term investors.
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Yes. What's important is the amount of Bitcoin you own at a particular average purchase price if you practice DCA. That will determine the amount of profit you'll make over time.
I think Bitcoin is the safest investment in the crypto space, and it's going to continue increasing in value over the years.
DCA is not for everyone, there are some persons that actually have a large capital and can therefore purchase a huge sum of Bitcoin just in one go and those people only use DCA strategy when it's really necessary, for example if they are not certain about the price for that moment. The possibility of making enough profit from Bitcoin is when you have enough capital and when you are able to hold for a long time.
DCA is for those that have a reliable source of income that isn't too big, thus, they would ensure that they would have their funds in BTC ensuring their stability as a whole in the long run, if implemented properly.
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Your method is correct, if you invest in this way, you will have various leverage opportunities. Because new coins can sometimes get good things, although the risk is high, we will have the chance to get good things when we take more risks. So if we invest in the new coin along with the old top coin, In addition to this, if you invest in new coins, it can have a much more positive effect on our financial situation.
The idea of investing with new coins and old coins appears to be quite inviting, and thus attractive. New coins are usually characterized by higher potential growth than the established digital assets but at the same time contain higher risks. On the same note, more stable coins might provide stability coupled with security against higher fluctuations. With this strategy, you will be in a position to benefit from the new coins that are as a result of inventions in the market and at the same time have your investment secured in other coins. It allows you to pursue growth in the process, but at the same time, avoid on any or some of the threats that are likely to occur at large.
Investors in crypto platforms must take risks to be successful. There is no instance of succeeding without risk. But it is also important to know whether the investor has high risk taking capacity or not. Any excess risk beyond what I can bear will cause me to lose. But in order to reduce the risk, I definitely need to invest in a reliable platform. Newer coins have higher returns as well as higher chances of losing. I think it is safe to invest in those coins which are surviving for a long time and have a good reputation and potentiality in the market and of all crypto platforms, Bitcoin is the safest and most profitable investment for long-term investors.
I agree with you, if bitcoin is the safest coin among other crypto. because bitcoin will be more expensive during the bullish season and this has been proven several times in the 4-year cycle. While altcoins have higher risks but the profits given are higher. new projects also have higher risks with higher profit levels, I think this depends on your ability to make analysis and decide which coins are suitable to buy.
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Your method is correct, if you invest in this way, you will have various leverage opportunities. Because new coins can sometimes get good things, although the risk is high, we will have the chance to get good things when we take more risks. So if we invest in the new coin along with the old top coin, In addition to this, if you invest in new coins, it can have a much more positive effect on our financial situation.
The idea of investing with new coins and old coins appears to be quite inviting, and thus attractive. New coins are usually characterized by higher potential growth than the established digital assets but at the same time contain higher risks. On the same note, more stable coins might provide stability coupled with security against higher fluctuations. With this strategy, you will be in a position to benefit from the new coins that are as a result of inventions in the market and at the same time have your investment secured in other coins. It allows you to pursue growth in the process, but at the same time, avoid on any or some of the threats that are likely to occur at large.
Investors in crypto platforms must take risks to be successful. There is no instance of succeeding without risk. But it is also important to know whether the investor has high risk taking capacity or not. Any excess risk beyond what I can bear will cause me to lose. But in order to reduce the risk, I definitely need to invest in a reliable platform. Newer coins have higher returns as well as higher chances of losing. I think it is safe to invest in those coins which are surviving for a long time and have a good reputation and potentiality in the market and of all crypto platforms, Bitcoin is the safest and most profitable investment for long-term investors.
I agree with you, if bitcoin is the safest coin among other crypto. because bitcoin will be more expensive during the bullish season and this has been proven several times in the 4-year cycle. While altcoins have higher risks but the profits given are higher. new projects also have higher risks with higher profit levels, I think this depends on your ability to make analysis and decide which coins are suitable to buy.
Yep, each person decides for themselves, I think that way too. Some prefer stability, some - the profits at hand. It's natural and organic that every person in the crypto space has a choice for that matter.
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Yes. What's important is the amount of Bitcoin you own at a particular average purchase price if you practice DCA. That will determine the amount of profit you'll make over time.
I think Bitcoin is the safest investment in the crypto space, and it's going to continue increasing in value over the years.
DCA is not for everyone, there are some persons that actually have a large capital and can therefore purchase a huge sum of Bitcoin just in one go and those people only use DCA strategy when it's really necessary, for example if they are not certain about the price for that moment. The possibility of making enough profit from Bitcoin is when you have enough capital and when you are able to hold for a long time.
You made a valid point. At times, you might purchase a large sum of Bitcoin, and after some weeks or days, it may dip just when you have extra cash to purchase more. This also brings a DCA opportunity. But what you've stated is indeed what often happens in Bitcoin buying situations
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Yes. What's important is the amount of Bitcoin you own at a particular average purchase price if you practice DCA. That will determine the amount of profit you'll make over time.
I think Bitcoin is the safest investment in the crypto space, and it's going to continue increasing in value over the years.
DCA is not for everyone, there are some persons that actually have a large capital and can therefore purchase a huge sum of Bitcoin just in one go and those people only use DCA strategy when it's really necessary, for example if they are not certain about the price for that moment. The possibility of making enough profit from Bitcoin is when you have enough capital and when you are able to hold for a long time.
You made a valid point. At times, you might purchase a large sum of Bitcoin, and after some weeks or days, it may dip just when you have extra cash to purchase more. This also brings a DCA opportunity. But what you've stated is indeed what often happens in Bitcoin buying situations
If bitcoin is volatile, this is what we often see the price often goes down, but there is no need to worry because the price of bitcoin will go back up after a decline, and when a decline occurs, it is the right moment for us to make another purchase with the DCA method. With the method that many people use, in this case DCA, we can gradually buy the coins we want
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Yes. What's important is the amount of Bitcoin you own at a particular average purchase price if you practice DCA. That will determine the amount of profit you'll make over time.
I think Bitcoin is the safest investment in the crypto space, and it's going to continue increasing in value over the years.
DCA is not for everyone, there are some persons that actually have a large capital and can therefore purchase a huge sum of Bitcoin just in one go and those people only use DCA strategy when it's really necessary, for example if they are not certain about the price for that moment. The possibility of making enough profit from Bitcoin is when you have enough capital and when you are able to hold for a long time.
You made a valid point. At times, you might purchase a large sum of Bitcoin, and after some weeks or days, it may dip just when you have extra cash to purchase more. This also brings a DCA opportunity. But what you've stated is indeed what often happens in Bitcoin buying situations
If bitcoin is volatile, this is what we often see the price often goes down, but there is no need to worry because the price of bitcoin will go back up after a decline, and when a decline occurs, it is the right moment for us to make another purchase with the DCA method. With the method that many people use, in this case DCA, we can gradually buy the coins we want
The primary thing of concern now is maintaining discipline and to concentrate on the strategic plan set in the long-term. At times the urge of getting involve and grab the bull by the horn may be initiated when prices fluctuate highly; but when already in position to plan for an action, it is good to refrain from doing so. Further, it is also necessary to track the update of market changes and particularly news on it so that if there are some changes we can change our steps. That way, it’s not only that we don’t rely on one method but also prepare to function in several outcomes occur.
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Yes. What's important is the amount of Bitcoin you own at a particular average purchase price if you practice DCA. That will determine the amount of profit you'll make over time.
I think Bitcoin is the safest investment in the crypto space, and it's going to continue increasing in value over the years.
DCA is not for everyone, there are some persons that actually have a large capital and can therefore purchase a huge sum of Bitcoin just in one go and those people only use DCA strategy when it's really necessary, for example if they are not certain about the price for that moment. The possibility of making enough profit from Bitcoin is when you have enough capital and when you are able to hold for a long time.
You made a valid point. At times, you might purchase a large sum of Bitcoin, and after some weeks or days, it may dip just when you have extra cash to purchase more. This also brings a DCA opportunity. But what you've stated is indeed what often happens in Bitcoin buying situations
If only majority of us has money always ready in the side to buy Bitcoin, we would have purchase more. This is just on the side of average joe like the majority of us and not whales who has ton of money to begin with and so they might not doing any DCA.
But for the price, it will always be volatile, no matter what. This market is open around the world that's why the movement is very unpredictable. Maybe in some parts of the world, people are sleeping, but on the other side, we just have woken up and so it's time for us to our trading, hence volatility is like 24x7.
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Yes. What's important is the amount of Bitcoin you own at a particular average purchase price if you practice DCA. That will determine the amount of profit you'll make over time.
I think Bitcoin is the safest investment in the crypto space, and it's going to continue increasing in value over the years.
DCA is not for everyone, there are some persons that actually have a large capital and can therefore purchase a huge sum of Bitcoin just in one go and those people only use DCA strategy when it's really necessary, for example if they are not certain about the price for that moment. The possibility of making enough profit from Bitcoin is when you have enough capital and when you are able to hold for a long time.
You made a valid point. At times, you might purchase a large sum of Bitcoin, and after some weeks or days, it may dip just when you have extra cash to purchase more. This also brings a DCA opportunity. But what you've stated is indeed what often happens in Bitcoin buying situations
If bitcoin is volatile, this is what we often see the price often goes down, but there is no need to worry because the price of bitcoin will go back up after a decline, and when a decline occurs, it is the right moment for us to make another purchase with the DCA method. With the method that many people use, in this case DCA, we can gradually buy the coins we want
Yeah, if you prefer stability - you can go for DCA.
Especially with BTC.
It will bounce back eventually and we will have all the boons from it.
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Yes. What's important is the amount of Bitcoin you own at a particular average purchase price if you practice DCA. That will determine the amount of profit you'll make over time.
I think Bitcoin is the safest investment in the crypto space, and it's going to continue increasing in value over the years.
DCA is not for everyone, there are some persons that actually have a large capital and can therefore purchase a huge sum of Bitcoin just in one go and those people only use DCA strategy when it's really necessary, for example if they are not certain about the price for that moment. The possibility of making enough profit from Bitcoin is when you have enough capital and when you are able to hold for a long time.
DCA is for those that have a reliable source of income that isn't too big, thus, they would ensure that they would have their funds in BTC ensuring their stability as a whole in the long run, if implemented properly.
DCA is an effective strategy, both for those with a huge income and those with little income, doesn’t really matter the size of your income, it’s a strategy for those who are seeking for ways to avoid attempting to time the market, like waiting for a DIP or a particular market condition before buying, because with the DCA technique, the investor also gets the opportunity to invest both in favorable and unfavorable market conditions without fear or any form of emotion, while aiming for the long term potential of the investment as this could also help minimize the impact of temporary market foundations and volatility of the market.
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DCA is an effective strategy, both for those with a huge income and those with little income, doesn’t really matter the size of your income, it’s a strategy for those who are seeking for ways to avoid attempting to time the market, like waiting for a DIP or a particular market condition before buying, because with the DCA technique, the investor also gets the opportunity to invest both in favorable and unfavorable market conditions without fear or any form of emotion, while aiming for the long term potential of the investment as this could also help minimize the impact of temporary market foundations and volatility of the market.
I see the DCA method is widely used by investors today, but I think this method is more suitable for those with small capital because by buying gradually they can increase their assets weekly. I am also a small investor and trying to increase my crypto assets, this method is the one I think is most suitable for my finances.
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Bitcoin is a digital currency that has a very high value, even if we look at the history of Bitcoin prices from its inception until now, it is very different, this is what makes people interested in it, not only that, Bitcoin has many benefits for everyone. In my opinion, no one has missed out on buying and saving Bitcoin because maybe in the future the price of Bitcoin will be even crazier.
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I see the DCA method is widely used by investors today, but I think this method is more suitable for those with small capital because by buying gradually they can increase their assets weekly. I am also a small investor and trying to increase my crypto assets, this method is the one I think is most suitable for my finances.
I’ll still say it again, the DCA strategy isn’t limited or specifically for a particular financial class or investors, DCA strategy means Buying at a regular interval, not buy with small amount. How much you decide to DCA is completely up to you, as a small investor, you’re free to invest based on your financial capacity and will a big investor, it doesn’t matter how much you choose to DCA, what’s more important is doing it on a regular basis. Besides not all big investors prefer to lump sum, some still prefer the DCA strategy as one of the advantages of this strategy is to help investors avoid buying or making investment decisions based on emotions because lump sum can make you attempt to time the market, like buying the DIP, and since one can not accurately predict the market, you can end up buying at a peak, thinking it’s a DIP.
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Nothing has changed for Bitcoin except the price. Bitcoin is where it's at, the price is influenced by people who don't understand Bitcoin (otherwise they would just HODL).
I highly agree with you OP, Bitcoin's value is now low only because of the weak hands who doesn't really understand much about Bitcoin but want to make money with it.
They sell when they panic and the ones who know Bitcoin very well, know that HODLING is the only way to make profits with it in long term.
Those who don't understand Bitcoin should learn about it, only knowledge and awareness will make them Hodlers, otherwise they'll keep buying and selling in hope to earn profits with it.
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Bitcoin is a digital currency that has a very high value, even if we look at the history of Bitcoin prices from its inception until now, it is very different, this is what makes people interested in it, not only that, Bitcoin has many benefits for everyone. In my opinion, no one has missed out on buying and saving Bitcoin because maybe in the future the price of Bitcoin will be even crazier.
There are still many people who miss buying and storing bitcoin, because they do not understand about bitcoin and crypto. So I see in my country only a few people try to invest in crypto. Bitcoin is the first crypto currency and as a pioneer, bitcoin has shown a very valuable asset to protect value and provide benefits to its holders.
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Owning 1 Bitcoin should be a goal for an average user who is coming from middle class financial background, and 60K at once is impossible to invest but it's possible to accumulate small amounts in regular intervals and that's we call as DCA which is really helpful for someone to invest in Bitcoin with whatever the amount they can but has to be invested consistently this will leads to big amount or even 1 BTC on whole after few years which means we will also become a millionaire when Bitcoin reaches 1 million mark which we can expect to happen around 2030.
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Owning 1 Bitcoin should be a goal for an average user who is coming from middle class financial background, and 60K at once is impossible to invest but it's possible to accumulate small amounts in regular intervals and that's we call as DCA which is really helpful for someone to invest in Bitcoin with whatever the amount they can but has to be invested consistently this will leads to big amount or even 1 BTC on whole after few years which means we will also become a millionaire when Bitcoin reaches 1 million mark which we can expect to happen around 2030.
Yeah I personally have that goal but as of the moment it seems that I regularly withdraw my Bitcoin portions for my needs 😅 The price is currently high and I think DCAing for small denominations will took so long for me to achieve my goal but I am still looking forward in finding ways to make it real.
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Owning 1 Bitcoin should be a goal for an average user who is coming from middle class financial background, and 60K at once is impossible to invest but it's possible to accumulate small amounts in regular intervals and that's we call as DCA which is really helpful for someone to invest in Bitcoin with whatever the amount they can but has to be invested consistently this will leads to big amount or even 1 BTC on whole after few years which means we will also become a millionaire when Bitcoin reaches 1 million mark which we can expect to happen around 2030.
Yeah I personally have that goal but as of the moment it seems that I regularly withdraw my Bitcoin portions for my needs 😅 The price is currently high and I think DCAing for small denominations will took so long for me to achieve my goal but I am still looking forward in finding ways to make it real.
We have to compromise for our small needs to achieve something bigger in the future or you need to find ways to increase the revenue which also helps you to accumulate more bitcoin also fulfil your needs but I know it's easier said than done but this is the mantra that we need to follow then only we can really turn around the financial state or else we will keep spiralling with these system forever.
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We have to compromise for our small needs to achieve something bigger in the future or you need to find ways to increase the revenue which also helps you to accumulate more bitcoin also fulfil your needs but I know it's easier said than done but this is the mantra that we need to follow then only we can really turn around the financial state or else we will keep spiralling with these system forever.
And this is also the importance of financial management so that we can manage our money, which is used for daily needs, urgent needs, and future needs. Then we can set aside to be saved, either in the form of assets or others.
And Bitcoin is one of the options that can be used for that. As long as we really understand how and how to be wise. Sacrificing for something bigger sometimes has to be forced, but still at a certain level
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We have to compromise for our small needs to achieve something bigger in the future or you need to find ways to increase the revenue which also helps you to accumulate more bitcoin also fulfil your needs but I know it's easier said than done but this is the mantra that we need to follow then only we can really turn around the financial state or else we will keep spiralling with these system forever.
And this is also the importance of financial management so that we can manage our money, which is used for daily needs, urgent needs, and future needs. Then we can set aside to be saved, either in the form of assets or others.
And Bitcoin is one of the options that can be used for that. As long as we really understand how and how to be wise. Sacrificing for something bigger sometimes has to be forced, but still at a certain level
Yes, I also agree with you, a secure financial arrangement is very important, a secure financial arrangement benefits us in many ways, it allows us to carry on our daily life well and save a good amount of money for the future. However, in addition to ensuring financial management, you must make a proper plan.
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Owning 1 Bitcoin should be a goal for an average user who is coming from middle class financial background, and 60K at once is impossible to invest but it's possible to accumulate small amounts in regular intervals and that's we call as DCA which is really helpful for someone to invest in Bitcoin with whatever the amount they can but has to be invested consistently this will leads to big amount or even 1 BTC on whole after few years which means we will also become a millionaire when Bitcoin reaches 1 million mark which we can expect to happen around 2030.
Yeah I personally have that goal but as of the moment it seems that I regularly withdraw my Bitcoin portions for my needs 😅 The price is currently high and I think DCAing for small denominations will took so long for me to achieve my goal but I am still looking forward in finding ways to make it real.
That’s why it is very essential to have a solid financial backup, like the th emergency funds, reserve/float funds just in case you have financial needs, you won’t have to withdraw or sell your Bitcoin just to sort those needs, this is very bad for your investment, because the more you sell your Bitcoin to sort your financial problems, the more unstable your portfolio becomes. Your financial back ups are meant to take care of your future emergencies and financial needs that may likely come up in subsequent times.
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Owning 1 Bitcoin should be a goal for an average user who is coming from middle class financial background, and 60K at once is impossible to invest but it's possible to accumulate small amounts in regular intervals and that's we call as DCA which is really helpful for someone to invest in Bitcoin with whatever the amount they can but has to be invested consistently this will leads to big amount or even 1 BTC on whole after few years which means we will also become a millionaire when Bitcoin reaches 1 million mark which we can expect to happen around 2030.
Yeah I personally have that goal but as of the moment it seems that I regularly withdraw my Bitcoin portions for my needs 😅 The price is currently high and I think DCAing for small denominations will took so long for me to achieve my goal but I am still looking forward in finding ways to make it real.
That’s why it is very essential to have a solid financial backup, like the th emergency funds, reserve/float funds just in case you have financial needs, you won’t have to withdraw or sell your Bitcoin just to sort those needs, this is very bad for your investment, because the more you sell your Bitcoin to sort your financial problems, the more unstable your portfolio becomes. Your financial back ups are meant to take care of your future emergencies and financial needs that may likely come up in subsequent times.
For me, it is really necessary that when we invest in crypto the funds we use should be our extra or when we invest a large amount we will make sure that we still have spending on a daily basis without moving out our investment. And besides, we should also have money on hold for emergencies because we can't really avoid that. This is a good way if you don't want to sell your investment at a very low price especially when it drops from the buying price.
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We have to compromise for our small needs to achieve something bigger in the future or you need to find ways to increase the revenue which also helps you to accumulate more bitcoin also fulfil your needs but I know it's easier said than done but this is the mantra that we need to follow then only we can really turn around the financial state or else we will keep spiralling with these system forever.
And this is also the importance of financial management so that we can manage our money, which is used for daily needs, urgent needs, and future needs. Then we can set aside to be saved, either in the form of assets or others.
And Bitcoin is one of the options that can be used for that. As long as we really understand how and how to be wise. Sacrificing for something bigger sometimes has to be forced, but still at a certain level
Sometimes making small compromises in our lifestyle can leads to more savings and if we are smart enough the changes we made won't even be noticeable since now we have lot of opportunities for everything from economical to expensive and it's not just limited to good and products alone, it can be used for anything that we consume. But's it's hard to make those first changes and if we once make a move then everything will start to fall on the right spot.
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We have to compromise for our small needs to achieve something bigger in the future or you need to find ways to increase the revenue which also helps you to accumulate more bitcoin also fulfil your needs but I know it's easier said than done but this is the mantra that we need to follow then only we can really turn around the financial state or else we will keep spiralling with these system forever.
And this is also the importance of financial management so that we can manage our money, which is used for daily needs, urgent needs, and future needs. Then we can set aside to be saved, either in the form of assets or others.
And Bitcoin is one of the options that can be used for that. As long as we really understand how and how to be wise. Sacrificing for something bigger sometimes has to be forced, but still at a certain level
Sometimes making small compromises in our lifestyle can leads to more savings and if we are smart enough the changes we made won't even be noticeable since now we have lot of opportunities for everything from economical to expensive and it's not just limited to good and products alone, it can be used for anything that we consume. But's it's hard to make those first changes and if we once make a move then everything will start to fall on the right spot.
I agree. We just need to start, and the rest would be history.
And we should be determined as well.
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Owning 1 Bitcoin should be a goal for an average user who is coming from middle class financial background, and 60K at once is impossible to invest but it's possible to accumulate small amounts in regular intervals and that's we call as DCA which is really helpful for someone to invest in Bitcoin with whatever the amount they can but has to be invested consistently this will leads to big amount or even 1 BTC on whole after few years which means we will also become a millionaire when Bitcoin reaches 1 million mark which we can expect to happen around 2030.
Yeah I personally have that goal but as of the moment it seems that I regularly withdraw my Bitcoin portions for my needs 😅 The price is currently high and I think DCAing for small denominations will took so long for me to achieve my goal but I am still looking forward in finding ways to make it real.
That’s why it is very essential to have a solid financial backup, like the th emergency funds, reserve/float funds just in case you have financial needs, you won’t have to withdraw or sell your Bitcoin just to sort those needs, this is very bad for your investment, because the more you sell your Bitcoin to sort your financial problems, the more unstable your portfolio becomes. Your financial back ups are meant to take care of your future emergencies and financial needs that may likely come up in subsequent times.
For me, it is really necessary that when we invest in crypto the funds we use should be our extra or when we invest a large amount we will make sure that we still have spending on a daily basis without moving out our investment. And besides, we should also have money on hold for emergencies because we can't really avoid that. This is a good way if you don't want to sell your investment at a very low price especially when it drops from the buying price.
I agree that in investing in crypto we must have a reserve fund that will not interfere with our investment, where in an emergency we do not have to sell our assets cheaply, This is what we should think about and anticipate when investing in crypto. because the crypto market is volatile and difficult to predict. Many people say to invest using free funds and we are ready to lose with those funds.
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Owning 1 Bitcoin should be a goal for an average user who is coming from middle class financial background, and 60K at once is impossible to invest but it's possible to accumulate small amounts in regular intervals and that's we call as DCA which is really helpful for someone to invest in Bitcoin with whatever the amount they can but has to be invested consistently this will leads to big amount or even 1 BTC on whole after few years which means we will also become a millionaire when Bitcoin reaches 1 million mark which we can expect to happen around 2030.
Yeah I personally have that goal but as of the moment it seems that I regularly withdraw my Bitcoin portions for my needs 😅 The price is currently high and I think DCAing for small denominations will took so long for me to achieve my goal but I am still looking forward in finding ways to make it real.
That’s why it is very essential to have a solid financial backup, like the th emergency funds, reserve/float funds just in case you have financial needs, you won’t have to withdraw or sell your Bitcoin just to sort those needs, this is very bad for your investment, because the more you sell your Bitcoin to sort your financial problems, the more unstable your portfolio becomes. Your financial back ups are meant to take care of your future emergencies and financial needs that may likely come up in subsequent times.
For me, it is really necessary that when we invest in crypto the funds we use should be our extra or when we invest a large amount we will make sure that we still have spending on a daily basis without moving out our investment. And besides, we should also have money on hold for emergencies because we can't really avoid that. This is a good way if you don't want to sell your investment at a very low price especially when it drops from the buying price.
I agree that in investing in crypto we must have a reserve fund that will not interfere with our investment, where in an emergency we do not have to sell our assets cheaply, This is what we should think about and anticipate when investing in crypto. because the crypto market is volatile and difficult to predict. Many people say to invest using free funds and we are ready to lose with those funds.
If an investor is aware of the floating cash fund, he may be able to hold crypto deposits for the long term as the cash can save valuable crypto assets by reducing his risk of withdrawing the invested money in any emergency. A novice investor has the potential to make huge profits if he can apply the right criteria before investing. The criteria are guaranteed discretionary income and floating cash fund this far combination makes an investor a successful holder.
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Nothing has changed for Bitcoin except the price. Bitcoin is where it's at, the price is influenced by people who don't understand Bitcoin (otherwise they would just HODL). We cannot understand Bitcoin if we do not know about it.
Bitcoin will still take over. The price will rise to $1 million and eventually, there is no question about it. Just use the opportunity to buy cheap. The only thing that matters is the amount of Bitcoins you own. And it will be profitable..
Bitcoin is a digital currency that has a standard value and a bright future. Bitcoin has a limited supply, which means that no matter how much demand for it increases, its supply will never increase, causing its price to rise as demand falls. So those who buy bitcoins at the current chip price will get a lot of success in the future. Because if bitcoin takes 20 years to become one million dollars, then those who invest in bitcoin at current prices will get more than 15x profit, whereas banks can give maximum 2-3x profit in 20 years, so it is a good decision to buy and hold bitcoin now without any doubt
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Owning 1 Bitcoin should be a goal for an average user who is coming from middle class financial background, and 60K at once is impossible to invest but it's possible to accumulate small amounts in regular intervals and that's we call as DCA which is really helpful for someone to invest in Bitcoin with whatever the amount they can but has to be invested consistently this will leads to big amount or even 1 BTC on whole after few years which means we will also become a millionaire when Bitcoin reaches 1 million mark which we can expect to happen around 2030.
Yeah I personally have that goal but as of the moment it seems that I regularly withdraw my Bitcoin portions for my needs 😅 The price is currently high and I think DCAing for small denominations will took so long for me to achieve my goal but I am still looking forward in finding ways to make it real.
That’s why it is very essential to have a solid financial backup, like the th emergency funds, reserve/float funds just in case you have financial needs, you won’t have to withdraw or sell your Bitcoin just to sort those needs, this is very bad for your investment, because the more you sell your Bitcoin to sort your financial problems, the more unstable your portfolio becomes. Your financial back ups are meant to take care of your future emergencies and financial needs that may likely come up in subsequent times.
For me, it is really necessary that when we invest in crypto the funds we use should be our extra or when we invest a large amount we will make sure that we still have spending on a daily basis without moving out our investment. And besides, we should also have money on hold for emergencies because we can't really avoid that. This is a good way if you don't want to sell your investment at a very low price especially when it drops from the buying price.
I agree that in investing in crypto we must have a reserve fund that will not interfere with our investment, where in an emergency we do not have to sell our assets cheaply, This is what we should think about and anticipate when investing in crypto. because the crypto market is volatile and difficult to predict. Many people say to invest using free funds and we are ready to lose with those funds.
Honestly, I really recommend to invest only with free funds because we really don't anything of this stuff. It doesn't matter if the market will fall because you only invested the money you don't need. Once you are investing in crypto, you won't literally lose if you don't sell it. Investing free funds also won't affect your emotions at all, unless you're not totally done it with free funds. You can sell it anytime you want without an emotion, this is what we get with this way of investment.
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Owning 1 Bitcoin should be a goal for an average user who is coming from middle class financial background, and 60K at once is impossible to invest but it's possible to accumulate small amounts in regular intervals and that's we call as DCA which is really helpful for someone to invest in Bitcoin with whatever the amount they can but has to be invested consistently this will leads to big amount or even 1 BTC on whole after few years which means we will also become a millionaire when Bitcoin reaches 1 million mark which we can expect to happen around 2030.
Yeah I personally have that goal but as of the moment it seems that I regularly withdraw my Bitcoin portions for my needs 😅 The price is currently high and I think DCAing for small denominations will took so long for me to achieve my goal but I am still looking forward in finding ways to make it real.
That’s why it is very essential to have a solid financial backup, like the th emergency funds, reserve/float funds just in case you have financial needs, you won’t have to withdraw or sell your Bitcoin just to sort those needs, this is very bad for your investment, because the more you sell your Bitcoin to sort your financial problems, the more unstable your portfolio becomes. Your financial back ups are meant to take care of your future emergencies and financial needs that may likely come up in subsequent times.
For me, it is really necessary that when we invest in crypto the funds we use should be our extra or when we invest a large amount we will make sure that we still have spending on a daily basis without moving out our investment. And besides, we should also have money on hold for emergencies because we can't really avoid that. This is a good way if you don't want to sell your investment at a very low price especially when it drops from the buying price.
I agree that in investing in crypto we must have a reserve fund that will not interfere with our investment, where in an emergency we do not have to sell our assets cheaply, This is what we should think about and anticipate when investing in crypto. because the crypto market is volatile and difficult to predict. Many people say to invest using free funds and we are ready to lose with those funds.
Honestly, I really recommend to invest only with free funds because we really don't anything of this stuff. It doesn't matter if the market will fall because you only invested the money you don't need. Once you are investing in crypto, you won't literally lose if you don't sell it. Investing free funds also won't affect your emotions at all, unless you're not totally done it with free funds. You can sell it anytime you want without an emotion, this is what we get with this way of investment.
It is not really free it should be said that an investor makes investment decisions with the amount of money he can afford to lose. I keep depositing a particular portion of discretionary income in my own case so that it doesn't affect my surroundings. If an investor continues to invest emotionally beyond his capabilities, his investment risk increases manifold. Therefore, investors should allocate a portion of disposable income for investments.
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For me, it is really necessary that when we invest in crypto the funds we use should be our extra or when we invest a large amount we will make sure that we still have spending on a daily basis without moving out our investment. And besides, we should also have money on hold for emergencies because we can't really avoid that. This is a good way if you don't want to sell your investment at a very low price especially when it drops from the buying price.
All these borders on the essentials of the emergency fund, the float/reserve funds. These financial back ups should be able to cover at least 4 to 6 months of your living expenses. This should even be the first thing to put into consideration before even beginning your Bitcoin accumulation, because these back up funds are just as important as your Bitcoin Accumulation and Portfolio, because they’re the very things that keeps your Bitcoin Portfolio safe from subsequent emergencies and sudden financial needs, which of course are inevitably part of the human lives, and if there’s no financial back up and these sort of unexpected events occurs, the only option would be dipping into your Bitcoin Portfolio to sort them out.
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There are many things to consider when we are dealing with the bitcoin market price, it is very important for us to always consider this when we are having interest on making investment in bitcoin, this will give us the precise pattern, timing and direction to when and how we could safely invest for a profitable one, we are always considering for this when we are going for anything in crypto as well.
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There are many things to consider when we are dealing with the bitcoin market price, it is very important for us to always consider this when we are having interest on making investment in bitcoin, this will give us the precise pattern, timing and direction to when and how we could safely invest for a profitable one, we are always considering for this when we are going for anything in crypto as well.
Yes, it is not easy to understand the flow of Bitcoin market prices and that, that comes with a lot of thought processes. It is the art of watching the trends, habits and knowing when to plan for investment or exit is the main secret of making good profit. Also the complex procedure of government decisions impact analysis, global trends, as well as technologies used should also be considered comprehensively so that our investments becomes more effective and secure.
Therefore, it’s always wise to watch the market when you are investing in Bitcoin or any other crypto currency. By continuously thinking of the risks and the possible profits in equal measure, taking a disciplined approach will offer us better solutions. Finally, time persistency and the right strategy will offer the expected outcome in the long-run.
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What is the importance of price in Bitcoin? it is very important heck bitcoin is the mother of crypto and being number one in the top leaderboard the price of bitcoin can shake the whole crypto market, especially in the altseason 2% of bitcoin price up can make 4-10% up for the altcoin.
the cryto trader that I know always look the bitcoin price first before make any entry so he always draw the chart for bitcoin and then make an entry
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Nothing has changed for Bitcoin except the price. Bitcoin is where it's at, the price is influenced by people who don't understand Bitcoin (otherwise they would just HODL). We cannot understand Bitcoin if we do not know about it.
Bitcoin will still take over. The price will rise to $1 million and eventually, there is no question about it. Just use the opportunity to buy cheap. The only thing that matters is the amount of Bitcoins you own. And it will be profitable..
That has always been the case with Bitcoin, the price changes from time to time and I believe volatility has made it to be so, personally I don't think the price of Bitcoin should be a stumbling block for anyone to hold or buy at anytime because Bitcoin is a very good asset, the problem with some people is that they don't even know what they want, to put the record straight, it is very important to have the basic knowledge before investing in Bitcoin in other to prepare your mind for the long-term journey. Some intending investors get discouraged most times because of the price of Bitcoin as at when they want to invest but my question is must the market favour you before you buy since DCA method can be used to acumulate at all time irrespective of the market price at all time, lack of understanding has always been a problem to many investors and sometimes they are been misled by their instinct.
I agree with you that Bitcoin price will definitely go high, that's why it is advisable for us to keep accumulating so that we can benefit when the time comes, our portfolio is what makes us good bitcoiners and as a matter of fact our goals should be centered on the amount we have accumulated so far.
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What is the importance of price in Bitcoin? it is very important heck bitcoin is the mother of crypto and being number one in the top leaderboard the price of bitcoin can shake the whole crypto market, especially in the altseason 2% of bitcoin price up can make 4-10% up for the altcoin.
the cryto trader that I know always look the bitcoin price first before make any entry so he always draw the chart for bitcoin and then make an entry
Well, Bitcoin price is the most important element in the crypto market because this asset has an unprecedented impact on the overall crypto space. Bitcoin also being the first and the largest crypto in the market, is often viewed as an indicator of the rest of the market; its prices necessarily influence a wide range of other crypto-assets that are referred to as altcoins. During the altcoin season, which is a period when most traders switch their focus to the lesser-known cryptocurencies, a minor Bitcoin’s price rise, may lead to an altcoins boom because altcoins are known to act in accordance with Bitcoin.
Most working traders engage in technical analysis of Bitcoin charts before they try to make the next move in a trade. Such predictions are given that the Bitcoin’s price fluctuations give them an insight of the direction that the market will take. As such, they are better placed to get in or out at the right time and reduce on risks while maximizing on the many opportunities out there in the unpredictable crypto market.
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The Price of BTC is a major factor one needs to comprehend. Since price changes with time in respect to the demand and supply order, it wholely depends on those who have it to either HODL or sell/trade.
In the aspect of holding, it is obvious that one has to be patient for a very long time until price appreciate as much as enough profit has been realized in respect to how the holder wants and it is quite good.
Furthermore, it isn't just about Holding because there are some others that trade (buying and selling) and this is the determinant of rising or falling in price. As a trader, one can make profits fast, even just in a day. Not having to spend much time waiting for price appreciation while HODL.
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The Price of BTC is a major factor one needs to comprehend. Since price changes with time in respect to the demand and supply order, it wholely depends on those who have it to either HODL or sell/trade.
In the aspect of holding, it is obvious that one has to be patient for a very long time until price appreciate as much as enough profit has been realized in respect to how the holder wants and it is quite good.
Furthermore, it isn't just about Holding because there are some others that trade (buying and selling) and this is the determinant of rising or falling in price. As a trader, one can make profits fast, even just in a day. Not having to spend much time waiting for price appreciation while HODL.
Holding and trading, both are good and we can choose which method suits us best. If we have trading skills, we should trade to get higher profits. We can seek profit from the difference in buying and selling prices by trading. Being a holding is also good if we buy during the bearish season and hold until the top bullish season.
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The Price of BTC is a major factor one needs to comprehend. Since price changes with time in respect to the demand and supply order, it wholely depends on those who have it to either HODL or sell/trade.
In the aspect of holding, it is obvious that one has to be patient for a very long time until price appreciate as much as enough profit has been realized in respect to how the holder wants and it is quite good.
Furthermore, it isn't just about Holding because there are some others that trade (buying and selling) and this is the determinant of rising or falling in price. As a trader, one can make profits fast, even just in a day. Not having to spend much time waiting for price appreciation while HODL.
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The Price of BTC is a major factor one needs to comprehend. Since price changes with time in respect to the demand and supply order, it wholely depends on those who have it to either HODL or sell/trade.
In the aspect of holding, it is obvious that one has to be patient for a very long time until price appreciate as much as enough profit has been realized in respect to how the holder wants and it is quite good.
Furthermore, it isn't just about Holding because there are some others that trade (buying and selling) and this is the determinant of rising or falling in price. As a trader, one can make profits fast, even just in a day. Not having to spend much time waiting for price appreciation while HODL.
That's right, the price in bitcoin is very important for all coins, especially altcoins, so if bitcoin has no price, then all coins will have no price... bitcoin is the leader of all existing coins, so if the price of bitcoin increases, the coins that will experience the same as bitcoin because all coins depend on bitcoin... they are interrelated with each other, otherwise the existing coins will not develop as they are now.
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The Price of BTC is a major factor one needs to comprehend. Since price changes with time in respect to the demand and supply order, it wholely depends on those who have it to either HODL or sell/trade.
In the aspect of holding, it is obvious that one has to be patient for a very long time until price appreciate as much as enough profit has been realized in respect to how the holder wants and it is quite good.
Furthermore, it isn't just about Holding because there are some others that trade (buying and selling) and this is the determinant of rising or falling in price. As a trader, one can make profits fast, even just in a day. Not having to spend much time waiting for price appreciation while HODL.
That's right, the price in bitcoin is very important for all coins, especially altcoins, so if bitcoin has no price, then all coins will have no price... bitcoin is the leader of all existing coins, so if the price of bitcoin increases, the coins that will experience the same as bitcoin because all coins depend on bitcoin... they are interrelated with each other, otherwise the existing coins will not develop as they are now.
Of course, bitcoin price is what controls the crypto market and no coin will e able to survive with bitcoin because what happen to bitcoin affects them all. Altcoins are duplicates of bitcoin and due to bitcoin great potentials has always made the price to keep increasing overtime. Some altcoins were unable to survive bitcoin price dip because after they experienced a dip, they were unable to rise back when bitcoin price pumped. Bitcoin dips and recover and goes beyond the initial price before the dip in price.
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The Price of BTC is a major factor one needs to comprehend. Since price changes with time in respect to the demand and supply order, it wholely depends on those who have it to either HODL or sell/trade.
In the aspect of holding, it is obvious that one has to be patient for a very long time until price appreciate as much as enough profit has been realized in respect to how the holder wants and it is quite good.
Furthermore, it isn't just about Holding because there are some others that trade (buying and selling) and this is the determinant of rising or falling in price. As a trader, one can make profits fast, even just in a day. Not having to spend much time waiting for price appreciation while HODL.
That's right, the price in bitcoin is very important for all coins, especially altcoins, so if bitcoin has no price, then all coins will have no price... bitcoin is the leader of all existing coins, so if the price of bitcoin increases, the coins that will experience the same as bitcoin because all coins depend on bitcoin... they are interrelated with each other, otherwise the existing coins will not develop as they are now.
Of course, bitcoin price is what controls the crypto market and no coin will e able to survive with bitcoin because what happen to bitcoin affects them all. Altcoins are duplicates of bitcoin and due to bitcoin great potentials has always made the price to keep increasing overtime. Some altcoins were unable to survive bitcoin price dip because after they experienced a dip, they were unable to rise back when bitcoin price pumped. Bitcoin dips and recover and goes beyond the initial price before the dip in price.
Yes, I also observed this, there are several altcoins that when the price of bitcoin falls, they fall and have difficulty going up again, but several top coins still have the potential to go up again, that's why I chose top coins for investment, bitcoin as a favorite and top coins should also be bought for diversification.
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The Price of BTC is a major factor one needs to comprehend. Since price changes with time in respect to the demand and supply order, it wholely depends on those who have it to either HODL or sell/trade.
In the aspect of holding, it is obvious that one has to be patient for a very long time until price appreciate as much as enough profit has been realized in respect to how the holder wants and it is quite good.
Furthermore, it isn't just about Holding because there are some others that trade (buying and selling) and this is the determinant of rising or falling in price. As a trader, one can make profits fast, even just in a day. Not having to spend much time waiting for price appreciation while HODL.
That's right, the price in bitcoin is very important for all coins, especially altcoins, so if bitcoin has no price, then all coins will have no price... bitcoin is the leader of all existing coins, so if the price of bitcoin increases, the coins that will experience the same as bitcoin because all coins depend on bitcoin... they are interrelated with each other, otherwise the existing coins will not develop as they are now.
I also think so, if the price of bitcoin is worthless, it is likely that altcoin will experience a drastic decline and will no longer be valuable. But that seems impossible because the price of bitcoin is getting more expensive now and we will see the price of bitcoin will reach ATH of more than 4100K next year, some even predict the price of $ 150K, too high but all possibilities can happen.
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very important role of bitcoin in the market even altcoin coins depend on bitcoin, if the price of bitcoin goes up then all coins will be affected and vice versa ... but both of them are interconnected with each other so that they can grow and progress as they are now with progress that cannot be imagined by someone because in the past bitcoin almost died because of progress and development so it became like this.
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In the future the price, the value of bitcoin will rise exponentially, the importance of this factor is relative, you can earn money both in the bull and bear phases of the market, the market is cyclical,we just have to follow it carefully
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Blud, the price of Bitcoin is like, super important, ya feel?
First off, it shows how people feel about the market, like, are they hyped or are they ghosting it? And that affects whether new people join the party or not.
Then there's the whole flunctuatiin thing. Prices go up and down like a rollercoaster, and that makes some people nervous, while others are like, "Yolo, let's ride this wave!" Which is seeminglh the choice of alotta investors
And let's not forget, Bitcoin's supposed to be like digital gold, right? So its price affects how well it does that job.
Miners need a decent price to keep the network secure and process transactions, or else they're like, "Nah, not worth it."
Governments also keep an eye on the price, and if it gets too wild, they might step in.
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In the future the price, the value of bitcoin will rise exponentially, the importance of this factor is relative, you can earn money both in the bull and bear phases of the market, the market is cyclical,we just have to follow it carefully
While the projection of exponential rise in Bitcoin is the dream of many investors it is crucial to bear in mine that markets come in form of cycles. However, the overall pattern of the shares rise may be seen and it is necessary to pay attention to the bull and bear phases which constantly take place. That is, to be obedient to the market cycle with the right approach to maximize profit prospects in the rising or dropped markets. Technical factors influence probabilities of forecasting as do technical aspects when it comes to understanding when it may be appropriate to gain entrance to or exit from the market; probability of risk improves when all the factors including the technical ones and the sentiment are well understood.
In a bear phase particularly, the ability to construct or earn a fortune is extremely valuable when prices are low. Surprisingly, many successful investors matter in fact take big profits when valuing to buy when the price is low with the confidence that the asset price will rebound in the subsequent upturn. The trade rules need to be patient, be confident, to sustain emotion did not fluctuate much and always be prepared to pay attention to certain factors that determine the change in price. We are also able to carry on making good money Trading in different phases of the market when we have a careful understanding and in-depth knowledge of these cycles.
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Many communities in this field of the crypto industry know that bitcoin can reach its $1 million price each, but the question is, when will this happen? If the current price of bitcoin has already taken 15 years, do we think we will have to wait for a few more years?
So why should we think of such a high price immediately if it will take a long time to happen? right? It's better to talk about what can actually happen,
not too good to be true questions.
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basically the price/value of a product will be the basis for consideration in investing, if the calculation does not reach the specified price, over time the holders will leave it if the price is increasingly worthless
but I see btc over the years the price is increasing and the price is getting higher from the beginning of the list, so the word HOLD is a hard line if you want to invest and finances are safe and under control
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basically the price/value of a product will be the basis for consideration in investing, if the calculation does not reach the specified price, over time the holders will leave it if the price is increasingly worthless
but I see btc over the years the price is increasing and the price is getting higher from the beginning of the list, so the word HOLD is a hard line if you want to invest and finances are safe and under control
Hold bitcoin is the right decision that we can do if we want to get profit in innest crypto because bitcoin is a safe coin.
And the function of the price is as an indicator of the value of a coin that can distinguish how much it is worth when we buy and the target selling value of our coins.
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Many communities in this field of the crypto industry know that bitcoin can reach its $1 million price each, but the question is, when will this happen? If the current price of bitcoin has already taken 15 years, do we think we will have to wait for a few more years?
So why should we think of such a high price immediately if it will take a long time to happen? right? It's better to talk about what can actually happen,
not too good to be true questions.
It could happen, but yes, it is for the next few years. It's just that our focus is on the current situation. Bitcoin price target in the upcoming bullish season, and also Bitcoin price movements for this present. Because it is true, the price of Bitcoin inevitably remains dependent on most Altcoins. We see that so far when BTC drops, most altcoin prices will also follow, dropping even further. As is currently happening, the price of BTC is rising to around $68,500 ++, so when we look at the altcoin graph, most of them are also increasing, it's just that there are some altcoins that are quite different, especially new altcoins. But the point is, the price of BTC is very dependent on the movement of altcoin prices.
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Many communities in this field of the crypto industry know that bitcoin can reach its $1 million price each, but the question is, when will this happen? If the current price of bitcoin has already taken 15 years, do we think we will have to wait for a few more years?
So why should we think of such a high price immediately if it will take a long time to happen? right? It's better to talk about what can actually happen,
not too good to be true questions.
It could happen, but yes, it is for the next few years. It's just that our focus is on the current situation. Bitcoin price target in the upcoming bullish season, and also Bitcoin price movements for this present. Because it is true, the price of Bitcoin inevitably remains dependent on most Altcoins. We see that so far when BTC drops, most altcoin prices will also follow, dropping even further. As is currently happening, the price of BTC is rising to around $68,500 ++, so when we look at the altcoin graph, most of them are also increasing, it's just that there are some altcoins that are quite different, especially new altcoins. But the point is, the price of BTC is very dependent on the movement of altcoin prices.
It has been known that Bitcoin price has a significant impact on the total cryptocurrency market including but not limited to altcoin market. The prices of altcoins always tend to rise when Bitcoin is also on the rise although some of them go up or down to more extreme levels than Bitcoin. Altcoins can be more unstable therefore while some of them may go up in value more than others when Bitcoin is rising they can also drop further when Bitcoin is falling. This can be observed at the moment when Bitcoin is approaching $68350 and most of the altcoins are also experiencing their price rise.
However, it will be important to know that there some altcoins that are not always influenced by Bitcoin price, especially newly introduced altcoins that have their own market model. Some of the variables that might departs from this are low market liquidity, ability to embrace new technologies, or general market sentiment towards particular projects in case of these altcoins. Nonetheless, by and large, it is Bitcoin that continues controlling price fluctuations in the crypto market primarily because of its sheer domination in the sphere of cryptocurrencies.