Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: sonaa on September 11, 2024, 12:01:09 PM
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If we have to make any investment due to the situation in crypto currency, is this the right time?? As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
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If we have to make any investment due to the situation in crypto currency, is this the right time?? As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
It depends on how long you will hold that token that you want to buy.
Is it for short term? Or for long term?
If it's short term, the price already spiked up and it's price is already at the $57,000 already. You can still buy now, but the upside would be lower compared to when you bought it a few days ago. Now if you want to hold that token for the long term, it's the right time to buy, but it's not the perfect time. At the end of the day, you will still make profit if you will hold it for long term or at least when the peak of the bull run happens and you sell at that price level.
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If we have to make any investment due to the situation in crypto currency, is this the right time?? As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
The conventional way of investing in crypto and what it's advisable for newbies is to buy when the price is low and sell when the price is high but right now, things have changed. There are many projects that were bought when the price was low and they are now below there entry price as I'm replying you, there is no significant growth around them.
However, if you have the money. I mean passive income to buy coin without inconveniencing yourself then you should do dollar cost average where you have a particular time you can use to be buying your favorite coin. It doesn't matter if the coin is in bull run or in bear market, as long as the market goes up, you will make money.
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You already posted something that resonates with the decision regarding how it affects the investment time. It’s the part where “no one knows.” It will always be a prediction and a risk to go with it, but the important thing, in my opinion, is the part where you invest consistently and remain in the market.
If you don’t force yourself to do it, you will probably be okay.
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If we have to make any investment due to the situation in crypto currency, is this the right time?? As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
Are you looking for long term investment? Or prepare only for the peak season of the bullrun?
Actually, for now, most crypto prices are still below the ATH price, even a few days ago it really dropped four. Indeed, this time, the price has started to rise, but not too far.
As long as you are preparing for the long term or at least during the bullish era later, this could be a good time to start accumulating. Oh yeah, what coins do you want to invest in? Don't get into hype coins because they are very high risk. At least, you should only choose the top coins.
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If we have to make any investment due to the situation in crypto currency, is this the right time??
if you are to invest in bitcoin yes definitely we need to take advantage of the dips of bitcoin because it is more plausible that it will rise compared to altcoins when bitcoin rises you don’t want to only then buy because the price will be already too high don’t base your decision on the present situation but rather take into consideration the future of bitcoin
As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
if you are talking about altcoins it becomes a lot more complicated because if they are down right now there’s no guarantee that it will still rise after a few weeks or months or ever it’s a dilemma for sure because you want to be able to buy at the cheapest price but you also don’t want to invest in a project that won’t ever rise and the only way to know if a project has the actual potential to rise is when it is already on the move and by then it would already be too late
my advice would be to study, learn, and just have confidence we won’t always make the right decisions so we need to just make sure we have back up plans just in case
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As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
The reality is that no one really knows when a coin - especially Bitcoin or Ethereum - will rise and can make money for an investor. And this is true whether you are in crypto, forex, bonds, derivatives or anything else for that matter. We don't posses a crystal ball that can 100% predict a future for us but how I wish I got one so I will not anymore be guessing and speculating on my crypto investments. As what the wisdom of the many can be telling us, the best time to invest in crypto is when there is a dip or a blood in the market but you should know how to differentiate a shitcoin from a reliable, stable one. Of course, the real best time was the time when a valuable coin just started but we could not go back in time as we don't have the time machine yet. And before you ask how to invest in crypto, make sure you got the money ready to invest first all because how can easily be answered it is the money that can be harder to look for not unless you are already a millionaire or you just inherited millions from your daddy or mommy.
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Most long-term investors will do DCA and not really pay attention to the current price, because their focus is on future projections where the development of the project is more certain... before deciding to invest, they focus on the fundamental analysis of the related coin.. so even though the current price is relatively high, they will still buy for future savings, which long-term investors always think that the future has greater potential.
So, this is still a good time to buy coins with good fundamentals, like BTC and ETH... but for short-term trading purposes, it's a little harder to know.
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If we have to make any investment due to the situation in crypto currency, is this the right time?? As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
Bitcoin price is affordable now and that is if you have the money go buy immediately, you should and don't discourage yourself about the rising and falling of gje price because that is the nature of crypto due to their volatile nature. It is good that you don't think of being a short-term investor because that is when the risk os high due to the volatile nature. Long-term investment is good and it will lower the risk of running at loss if you invest in bitcoin.
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LogitechMouse and Sim_card good answer but Op question cover more scope than investing in Bitcoin
If we have to make any investment due to the situation in crypto currency, is this the right time?? As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
Like you said no one knows when a coin will rise and same on when it will fall, all we do is predict but there's something that gives us confidence to buy at a certain price and also not to fear rather HODL when it even dips more that's the utility of the coin, how important is the coin and this is the reason it's often advise to invest only on bitcoin from the fact that it has become tasted and trusted, even if the price dips as long as you are HODLing eventually you will still come to profit the only thing it may take might be time but the best way of investing in cryptocurrency is long term investment notably bitcoin, check the historical chart and see how well it as always do.
While there`re still some reliable altcoins like Ethereum, Solana, Bnb these are some trusted ones at the moment but that doesn't mean they are trusted equally as bitcoin but they have good utility that will make them still stand strong for years to come and also from the fact that there are more trust on these and some others that their owners/devs won't pull a rug pull on it, to still investors funds and run with it
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Just keep it simple, Now, is the right time to invest cause we never know when will be the right time so make use of the present situation and try to make it more profitable and this will be suitable when you invest for the long term so that you won't be worrying about daily market trend changes.
But there is another problem, if you choose random coin that popped up in this cycle then you can't trust them for long term either so it's all about managing your portfolio based on risk reward ratio.
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If we have to make any investment due to the situation in crypto currency, is this the right time?? As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
There is no right time and there is nothing like wrong time. Some people might think that buying coins from here is a mistake as the market is about to explode if later there is no signal for the bull run everyone is anticipating but don't be surprised if we get pushed from here. Likewise some people might advice you buy in bear market and we may not see bear soon.
In every crypto investment that you have plan to do, just make sure that as you are buying, reserve some money incase the market goes down so you can buy more and add to your portfolio so everything can average down.
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Just keep it simple, Now, is the right time to invest cause we never know when will be the right time so make use of the present situation and try to make it more profitable and this will be suitable when you invest for the long term so that you won't be worrying about daily market trend changes.
But there is another problem, if you choose random coin that popped up in this cycle then you can't trust them for long term either so it's all about managing your portfolio based on risk reward ratio.
You have a point though however I'm my own opinion any time is right. The truth is investing is more profitable when we are in dips since most times we are kinda sure that bitcoin will definitely go back up. Anyways sometimes people may not have the funds at that particular time to put into investment so they may have to wait that's the more reason I said it depends on the person and any time is right. If you look at bitcoins trend for a long time now, there has been constant progression in price however people who bought at say $70 may be in loss now but soon I think bitcoin will still surpass $70k
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The conventional way of investing in crypto and what it's advisable for newbies is to buy when the price is low and sell when the price is high but right now, things have changed. There are many projects that were bought when the price was low and they are now below there entry price as I'm replying you, there is no significant growth around them.
However, if you have the money. I mean passive income to buy coin without inconveniencing yourself then you should do dollar cost average where you have a particular time you can use to be buying your favorite coin. It doesn't matter if the coin is in bull run or in bear market, as long as the market goes up, you will make money.
Well, no one can predict the future, so determining a token that will definitely increase in price is always million $ question for all of us. Investors should abandon this goal and focus on more feasible tasks, such as identifying the main market trend and choosing truly valuable assets.
BTC and ETH are valuable assets in the crypto market, they will continue to exist and succeed until the crypto market collapses. Investing in them in the long term will bring profits to investors, as long as they can hold for long enough.
Halving has taken place, so I believe that the main market trend is growth rather than decline. Right now, I still believe that we still have a very good opportunity to accumulate many good tokens to achieve profits in the next few months when the market enters bullrun.
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If we have to make any investment due to the situation in crypto currency, is this the right time?? As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
If you are going to hold your investment 1 to 2 years I will highly suggest you to invest in top coins as soon as possible because you might regret if you investing late. The bull run that we are expecting to happen after the halving is not happening yet, we believe that this year or maybe next year to happen. You can check on your own if you want, do your own research what happened to cryptocurrency right after the halving.
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If we have to make any investment due to the situation in crypto currency, is this the right time??
Waiting can be a dangerous game to play because while waiting for an opportunity to invest that you think it is the right time, you are delaying, and delay is dangerous. Rather than looking for a proper time to invest your money, invest an amount of money that you can afford to lose in cryptocurrency at a time when you're ready to invest it because the very good opportunity that you're looking for may never come, or it's possible that when it comes, you will no longer be ready at that point.
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Nowadays is the right time for investing in cryptocurrency but depend on kinds of your coins investment, I think if you invest at top altcoin actually hold it around one or two years later not difficult to earn much profitable above 30% later.
But if your investing not at the top altcoin seems difficult ability reach higher price in the future although how many years keep hold it during any coins get increasing price.
I think if you hold ethereum, bnb and other top coins have large possibility to earn much profitable in the future and right now become best time for investing after many top altcoin list got dreasing price.
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I saw the first time about Crypto that was Bitcoin and Bitcoin was already expensive, for me personally I did not want to invest my funds in Bitcoin or Cryptocurrency for another fear of the price of the cryptocurrency down and could not survive.
This is about personal opinions and maybe I am in the circle of cryptocurrency that is to develop my talent to seek knowledge about cryptocurrency, for investment it seems like I will avoid first.
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If we have to make any investment due to the situation in crypto currency, is this the right time??
The best time to invest in Bitcoin is now. If you want to reduce the stress and worry of trying to time the market, you can use the DCA (Dollar Cost Averaging) method, where you invest a set amount of money at regular intervals, regardless of the current price.
Just keep in mind that this strategy doesn’t work as well with altcoins, as they are generally less secure and not as suitable for long term holding as bitcoin.
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There is no right or wrong time. The best time is when you have researched, have the funds, and feel you are ready. Using dollar-cost averaging (DCA) or investing a fixed amount regularly can help average your purchase over time.
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Nowadays is the right time for investing in cryptocurrency but depend on kinds of your coins investment, I think if you invest at top altcoin actually hold it around one or two years later not difficult to earn much profitable above 30% later.
But if your investing not at the top altcoin seems difficult ability reach higher price in the future although how many years keep hold it during any coins get increasing price.
I think if you hold ethereum, bnb and other top coins have large possibility to earn much profitable in the future and right now become best time for investing after many top altcoin list got dreasing price.
Certainly, having top altcoins such as Ethereum and BNB as part investments is a very smart thing to do, especially for the long run. If one is to hold these coins for a year or two, there are high chances that one would make good profits especially with most of the top altcoins currently being relatively cheap. Therefore purchasing low market cap coins can be time-consuming or even dangerous whereas, most of the leading altcoins have moderate and better potentialities in this continuously emerging market.
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If we have to make any investment due to the situation in crypto currency, is this the right time?? As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
First of all i would like to know from you about looking at the current situation of market what you think about that crypto investment? I mean, are you afraid of investing in the current market? And if you are afraid to invest then why are you afraid and what is the reason behind it?
Now I give my opinion even if the market is playing a little dumping at present I will call it a bullish market and anything can happen in this market and for this you must prepare beforehand and then invest. And for this I think the most secure investment currently is to make regular investments in Bitcoin for the long term following the DCA strategy which will gain a good profit in the long term. And the possibility of loss is very less.
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If we are interested on starting with something, then we may not have to wait till the perfect time arrives before we can start to make some efforts towards this, we should be more concerned on the preparation on which is going to be the basic standard for our investment, all these are going to be what we are going to arrange and set first as part of what will be our asset before making investment on any crypto going furtherance.
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Does the crypto market going this way for the past few years mean people won't invest? Suppose the crypto market stabilizes and all tokens don't fluctuate in price, what would you invest in? Never, because people invest here because crypto prices go up and down. Suppose yesterday the price of bitcoin was around $58000 but today the price has increased again to $61000. So if you bought bitcoin yesterday then now you can sell it today at a profit. This is a golden opportunity for you that you are getting profit potential through short time holding.
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If we have to make any investment due to the situation in crypto currency, is this the right time?? As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
Why did you ask if the time is right whether to invest or not like if you want to invest then you have to find the right time that works for you if you are thinking of getting BTC at $30k then you will not find that time and if in rare case you find such time you still be asking the question of whether to invest or not.
Make your plan stick to it and keep in mind that without trading knowledge you can't make a better plan so before finding the right time learn how to find time. In the current situation people are making a profit by finding the right time for them which works for their investments and time.
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If we have to make any investment due to the situation in crypto currency, is this the right time?? As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
I think it is depend on your investment strategy because there is some category of investment like short term investment and long term investment. Now what kind of investment you want to make it must be decided first. If you want to do short term investment then you need to know about trading analysis first learn to do technical analysis and fundamental analysis. Then you can make short time trading investment and you can always do it be it bear season or bull season.
On the other hand if you want to invest for long term then I would say target bear season always while investing for long term. And now in this situation it will be better to invest in several stages instead of investing all at once. And even better if you follow DCA strategy and continue long term investment through regular investment.
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Monitoring on crypto applications where the possibility of an alarm is given at each given expected price is a step for good timing, the market state is a bullrun and this happens periodically for years and changes not much from the average. On the website Coinmarketcap you can see what you are interested in.
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Monitoring on crypto applications where the possibility of an alarm is given at each given expected price is a step for good timing, the market state is a bullrun and this happens periodically for years and changes not much from the average. On the website Coinmarketcap you can see what you are interested in.
We cannot see if it's the right time to invest in a coin by just seeing it on CoinMarketCap, and there are many other websites and platforms from which we can get alarms for price hits but that's not the question OP asked he asked about how can we know if the current time is the right one to invest in crypto.
If the time is right then either we should invest which is a stupid question but doubt in mind should be removed and it can only be removed with knowledge that's why before finding the right coin and the right time we have to wait and learn more things.
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If we have to make any investment due to the situation in crypto currency, is this the right time?? As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
Yeah no one really knows when a coin will rise, but with proper knowledge, we can predict the bullish cycle of some coins if not all the right predictions about a few coins are enough to make money. If you know the time is right like the coin you are speculating is going to rise then there is no point in thinking about whether to invest or not.
I mean, if you are investing for the long term then you have to see the long-term plans of the project but if you are looking for instant returns then investing in such coins is a good way. We all get stupid vibes like either we should invest or not what if we don't make any profit these vibes are natural and after making few investments we don't get such questions.
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If we are interested on starting with something, then we may not have to wait till the perfect time arrives before we can start to make some efforts towards this, we should be more concerned on the preparation on which is going to be the basic standard for our investment, all these are going to be what we are going to arrange and set first as part of what will be our asset before making investment on any crypto going furtherance.
For sure, when it comes to investments, there’s never a perfect time, especially when the investment has to do with crypto or Bitcoin. If you attempt to wait for the perfect timing (which is a very wrong approach) you could end up missing out on several opportunities that would’ve been beneficial to you if you had utilized them, but due to attempting to time the market, it’ll just pass you. That’s why we have so many investment approaches that’ll align with your goals.
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If we have to make any investment due to the situation in crypto currency, is this the right time?? As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
If you are going to hold your investment 1 to 2 years I will highly suggest you to invest in top coins as soon as possible because you might regret if you investing late. The bull run that we are expecting to happen after the halving is not happening yet, we believe that this year or maybe next year to happen. You can check on your own if you want, do your own research what happened to cryptocurrency right after the halving.q
Yeah you’re right, holding top coins is the best for long time investment because they are capable of surviving any market crashes but when you invest in coins with no bright future they may do well for a few months and then will lose value after some time. They are not reliable at all and are more risky than top coins but you can take advantage of them with the bull run around the corner.
Bull run doesn’t normally occur immediately after Halving it takes some time to occur so sooner or later we will hit the bull run and it’s more closer than you may think.
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Yeah you’re right, holding top coins is the best for long time investment because they are capable of surviving any market crashes but when you invest in coins with no bright future they may do well for a few months and then will lose value after some time. They are not reliable at all and are more risky than top coins but you can take advantage of them with the bull run around the corner.
Indeed. For the long term holding, it is very recommended to choose the top altcoins, especially Bitcoin and Ethereum. Besides the security reason, these coins always shows its great progress from one year to another year. They have been proven as the best coins in crypto industry, we don't need to feel worried when we are investing in the coins. It will be very different if we are holding new coins, they may dissapear due to many reasons.
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If we have to make any investment due to the situation in crypto currency, is this the right time?? As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
If you are going to hold your investment 1 to 2 years I will highly suggest you to invest in top coins as soon as possible because you might regret if you investing late. The bull run that we are expecting to happen after the halving is not happening yet, we believe that this year or maybe next year to happen. You can check on your own if you want, do your own research what happened to cryptocurrency right after the halving.q
Yeah you’re right, holding top coins is the best for long time investment because they are capable of surviving any market crashes but when you invest in coins with no bright future they may do well for a few months and then will lose value after some time. They are not reliable at all and are more risky than top coins but you can take advantage of them with the bull run around the corner.
Yes, Constantly new coins are coming to the market but those who are not fundamentally strong are lost their value after some times. Those who are investing only in trending coins may get some profit in short term but they will face big loss in the long term. By investing in a top coins may not give you early return but an investor will get his assets back even after a long period of time. Investors must invest wisely.
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Yeah, just buy it.
If you wait you will probably miss the rally and you don't want that to happen.
Indeed. For the long term holding, it is very recommended to choose the top altcoins, especially Bitcoin and Ethereum. Besides the security reason, these coins always shows its great progress from one year to another year. They have been proven as the best coins in crypto industry, we don't need to feel worried when we are investing in the coins. It will be very different if we are holding new coins, they may dissapear due to many reasons.
I am being pragmatic here, but Bitcoin is not an altcoin. It cannot be an altcoin actually, because it was the very first cryptocurrency created.
Yeah no one really knows when a coin will rise, but with proper knowledge, we can predict the bullish cycle of some coins if not all the right predictions about a few coins are enough to make money. If you know the time is right like the coin you are speculating is going to rise then there is no point in thinking about whether to invest or not.
I mean, if you are investing for the long term then you have to see the long-term plans of the project but if you are looking for instant returns then investing in such coins is a good way. We all get stupid vibes like either we should invest or not what if we don't make any profit these vibes are natural and after making few investments we don't get such questions.
If we are talking about Bitcoin then I guess it's pretty easy for people to see that the bullish period has already begun a few days ago. So you should buy now if you want.
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I am being pragmatic here, but Bitcoin is not an altcoin. It cannot be an altcoin actually, because it was the very first cryptocurrency created.
You're right. Bitcoin isn't a part of altcoins, it was created before we have altcoins. I think I made a little mistake here, I meant Bitcoin was one of the top crypto coins. :)
If we are talking about Bitcoin then I guess it's pretty easy for people to see that the bullish period has already begun a few days ago. So you should buy now if you want.
I think the bullish period of Bitcoin have begun since the early of this year. It even reached a new ATH in March. It was very clear sign that Bitcoin is in bullish period. I just feel confused that I saw some people still commented that the bullish will start in the next year. Are they not aware that we already have a new ATH of Bitcoin? If it is not in the bullish season, it is impossible to reach a new ATH.
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If we are talking about Bitcoin then I guess it's pretty easy for people to see that the bullish period has already begun a few days ago. So you should buy now if you want.
Few days ago or a few months ago? I mean, I thought the bullish period had started till the event of ETF's approval as after that the buying pressure was increasing even if the effect was taking time but eventually market pumped and made new ATH before halving, and people thought after halving it would also make another ATH like me but I am seeing many saying this is it, it won't go above again.
BTW what's your assumption about BTC now as war is ongoing in a part of the world which can also cause some tension, but I think people will try to move their funds into Gold and Digital gold (BTC) to keep their funds safe.
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I think the bullish period of Bitcoin have begun since the early of this year. It even reached a new ATH in March. It was very clear sign that Bitcoin is in bullish period. I just feel confused that I saw some people still commented that the bullish will start in the next year. Are they not aware that we already have a new ATH of Bitcoin? If it is not in the bullish season, it is impossible to reach a new ATH.
Now it is only necessary to wait because Bitcoin is in a period of consolidation, this is necessary to create a more natural and healthier chart.
Being in the $60k++ price area is already a good position, just wait for the market to be ready and Bitcoin will break the ATH again.
I still feel bullish by holding Bitcoin and the ATH target of $100k++ will become a reality in the near future, that will be the point where Bitcoin will make a new history in the crypto world.
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Now it is only necessary to wait because Bitcoin is in a period of consolidation, this is necessary to create a more natural and healthier chart.
Being in the $60k++ price area is already a good position, just wait for the market to be ready and Bitcoin will break the ATH again.
I still feel bullish by holding Bitcoin and the ATH target of $100k++ will become a reality in the near future, that will be the point where Bitcoin will make a new history in the crypto world.
Yeah, waiting for the real Bitcoin bullrun, that's what we all hope for. But I'm still a bit confused about the timing. Will it happen early next year or in which quarter? Yes, although we may not be able to predict 100% accurately, but based on past cycles, for example, is it possible that it will actually happen in Q1 or even later. I also hope to hold BTC more than $100k, but I'm also a bit worried that it won't happen again like the previous bullish season.
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If we have to make any investment due to the situation in crypto currency, is this the right time?? As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
When we are investing not only in crypto, but in other asset classes as well, let's always take note that there's no such thing as "right time" because like you said, there's nobody who knows what will be the exact movement of any coin especially with Bitcoin.
Analyzing the market would be a good thing to have because if you know how to analyze, you will at least have a higher chance of knowing where the price is heading whether it's going up, or going down. If you're talking about this time though, I would still that it's still a good time to buy some crypto in preparation for the bull run. Continue accumulating then sell it during the bull run when it's peaked.
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Yeah, waiting for the real Bitcoin bullrun, that's what we all hope for. But I'm still a bit confused about the timing. Will it happen early next year or in which quarter? Yes, although we may not be able to predict 100% accurately, but based on past cycles, for example, is it possible that it will actually happen in Q1 or even later. I also hope to hold BTC more than $100k, but I'm also a bit worried that it won't happen again like the previous bullish season.
It is almost impossible for any human being to tell when such a bull run will happen. But we should not worry about it. This time also allows you to buy if you are a long-term investor. $60k I think is a good time to buy Bitcoin. If you are a lump sum investor and plan to sell at $100k then you can stop investing after crossing $70k -$75 and prepare to sell.
When it hits $100k you can sell. If you are a DCA investor then you focus on buying, you just keep buying and buying. When it hits $100k you still buy and sell according to your plan partially or completely which is your freedom. If a DCA investor don't stop buying, if a deep investor stop investing depending on price and wait for bullish.
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Now it is only necessary to wait because Bitcoin is in a period of consolidation, this is necessary to create a more natural and healthier chart.
Being in the $60k++ price area is already a good position, just wait for the market to be ready and Bitcoin will break the ATH again.
I still feel bullish by holding Bitcoin and the ATH target of $100k++ will become a reality in the near future, that will be the point where Bitcoin will make a new history in the crypto world.
Yeah, waiting for the real Bitcoin bullrun, that's what we all hope for. But I'm still a bit confused about the timing. Will it happen early next year or in which quarter? Yes, although we may not be able to predict 100% accurately, but based on past cycles, for example, is it possible that it will actually happen in Q1 or even later. I also hope to hold BTC more than $100k, but I'm also a bit worried that it won't happen again like the previous bullish season.
Just buy and HODL for the long term and save yourself from such pressure. Attempting to time the market is a pretty dangerous technique, just as you’ve rightly stated, you may not be able to accurately time when the next bull run would be even while looking at previous cycles because past performances doesn’t guarantee future results, so the best approach if you wanna invest in Bitcoin is to buy now using whichever accumulation technique that’s more preferable to you and just HODL for as long as you can.
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Yeah, waiting for the real Bitcoin bullrun, that's what we all hope for. But I'm still a bit confused about the timing. Will it happen early next year or in which quarter? Yes, although we may not be able to predict 100% accurately, but based on past cycles, for example, is it possible that it will actually happen in Q1 or even later. I also hope to hold BTC more than $100k, but I'm also a bit worried that it won't happen again like the previous bullish season.
No one knows when it will happen, believe me the $100k ATH is very likely to be achieved in the near future, whether it's this year or next year.
Bitcoin just needs to go through all sorts of obstacles that happen and then it will explode.
Now it is only necessary to accumulate more Bitcoin if you still have money in reserve, or some of the top altcoins as investment backing.
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If we have to make any investment due to the situation in crypto currency, is this the right time?? As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
There is no bad time in the market but there is always a good time. You can buy crypto at any time but how you hold it depends on your choice, if you are planning to hold for long time, you can buy now because a lot of people are anticipating for new all time high next year and some people are expecting a correction, just buy and hold if you plan on long storage but if you are short term holder, you should consider buying in bear market.
Make sure you don't get caught at the top, that's the mistake a lot of people do in the crypto space that has plan for short term. They bought without understanding the market and instead of them to hold for short term, they end up holding for long term that they don't even hold to make profit again but to recover their money.
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BTW what's your assumption about BTC now as war is ongoing in a part of the world which can also cause some tension, but I think people will try to move their funds into Gold and Digital gold (BTC) to keep their funds safe.
I don't think the war and tension in the middle east is going to have any long effect on the price of BTC, it is going to be short term if you ask me. Israel and Hamas have been at war for a long time now and BTC price has been doing its thing, i don't think the war with Iran will change much. A lot of talk about October though and that there will be a real pump this month, so we're looking forward to it.
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If we have to make any investment due to the situation in crypto currency, is this the right time?? As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
For now I can't tell but let me see it from June next year before I can say it is to invest or not but if you are investing for long term then, you can invest percentage of your income by using DCA approach to accumulate them in your wallet. But if the price will still go down to 30k$ to 40k$ then that is the best time to invest. And that can be determined from next year but we have to consider the forthcoming US election because if Trump wins the election and he does what he is saying about bitcoin then the price will go up so those who are investing now will make good about of money.
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I don't think the war and tension in the middle east is going to have any long effect on the price of BTC, it is going to be short term if you ask me. Israel and Hamas have been at war for a long time now and BTC price has been doing its thing, i don't think the war with Iran will change much. A lot of talk about October though and that there will be a real pump this month, so we're looking forward to it.
You are right about the war duration between Israel and Hamas (Palestine), but I think the war with Iran might change something like what if Iran's efforts in making Atom Bomb succeed, there is a rumor on the internet that the recent earthquake was a result of such bomb testing. Plus, the USA is taking an extreme interest in this war, spending a lot of money and sending a lot of soldiers from India and from the USA. Things might start with Iran, like it started with Afghanistan, at last, they have to shift funds flow from one side to another.
I don't think the October will be bullish because the start of it has not been that bullish and it is telling me the whole month will be like that.
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I don't think the October will be bullish because the start of it has not been that bullish and it is telling me the whole month will be like that.
Yes, even though we usually experience an increase in October and it is known as the Uptober month in the crypto space. It's just that if we look at the current war situation, the possibility is actually not big. And we also become more vigilant if we want to do short term or do Long in trading.
It's just that if we want to take the opportunity, then optimize this to be able to add to our portfolio, by doing DCA or some other methods to increase the accumulation of Bitcoin purchases when the price drops.
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I don't think the October will be bullish because the start of it has not been that bullish and it is telling me the whole month will be like that.
Things can change very quickly in the crypto market, and i am sure you very well know that, we could see crypto prices rise in mid-end of the month, but let us wait and see. As for the war, i believe things might not go as bad as people are predicting, war is a terrible thing and i think all parties should try and reach a middle ground and tolerate each other, wish it was that easy.
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Things can change very quickly in the crypto market, and i am sure you very well know that, we could see crypto prices rise in mid-end of the month, but let us wait and see. As for the war, i believe things might not go as bad as people are predicting, war is a terrible thing and i think all parties should try and reach a middle ground and tolerate each other, wish it was that easy.
Yes, I am pretty aware of the nature of the market, like how fast it changes its flow. Well, I did not think of the other side where war comes to an end and Trump wins the election (though that's not what I want for some reason), then the whole market will be green as there is no war and no fud ongoing in the world, but then there will be something new and more bad causing more disruption to crypto, like it can be China coming back into the market.
FTX has also announced they are going to pay back their customers, which is a good thing and I am sure they are going to refund in fiat so that money will also come into BTC again and the demand will increase.
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FTX has also announced they are going to pay back their customers, which is a good thing and I am sure they are going to refund in fiat so that money will also come into BTC again and the demand will increase.
Yes I also seen that kind of news recently that the US court has give the approment on FTX refund to their customer and it is around 16.5bilion which was huge I have also notice some thing on that they are may have some condition about fund amount like over 50k USD and the under 50K USD I still didn't get the mean of this things. However I still don't have faith on the FTX exchanger and their activities.
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I don't think the October will be bullish because the start of it has not been that bullish and it is telling me the whole month will be like that.
I will only say the same thing when it's the last week of the month already.
Right now, we're almost halfway through the month and even though we are seeing the market going down compared to last month's price, I still expect that the month of October will be a bullish one for Bitcoin and the whole market. I mean one big news can just push the price upwards especially if it's a big one. Just look at it when the news about China injecting money to stimulate their economy went online. Price of all the markets especially the US Stock Market, and the Crypto market went up significantly. Maybe we see some good news in the upcoming weeks.
Still, I'm not disagreeing with what you said. I'm just having a different perspective towards the market and it's price movement than yours. ;)
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Yes, even though we usually experience an increase in October and it is known as the Uptober month in the crypto space. It's just that if we look at the current war situation, the possibility is actually not big. And we also become more vigilant if we want to do short term or do Long in trading.
It's just that if we want to take the opportunity, then optimize this to be able to add to our portfolio, by doing DCA or some other methods to increase the accumulation of Bitcoin purchases when the price drops.
When I made the last post I was not aware of the news that US authorities has given the green signal to the SEC to sell all the BTC that they have seized from Silk Road which is worth around $4.4 Billion, not a small amount. If I had that information in mind I would mention it instead of war because War might not have a big bad impact on the price of BTC as this selling can and if both combined we will see a big dump I hope we will not because there is a bright side to it.
We must put our strategies to work to minimize loss and maximize profits. FTX is also going to repay their customers billions of money Like more than $14 billion dollars so if they made the repayment in fiat there are chances the customers will buy again and the price will go up, I just hope the timing will be right.
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I don't think the war and tension in the middle east is going to have any long effect on the price of BTC, it is going to be short term if you ask me. Israel and Hamas have been at war for a long time now and BTC price has been doing its thing, i don't think the war with Iran will change much. A lot of talk about October though and that there will be a real pump this month, so we're looking forward to it.
You are right about the war duration between Israel and Hamas (Palestine), but I think the war with Iran might change something like what if Iran's efforts in making Atom Bomb succeed, there is a rumor on the internet that the recent earthquake was a result of such bomb testing. Plus, the USA is taking an extreme interest in this war, spending a lot of money and sending a lot of soldiers from India and from the USA. Things might start with Iran, like it started with Afghanistan, at last, they have to shift funds flow from one side to another.
I don't think the October will be bullish because the start of it has not been that bullish and it is telling me the whole month will be like that.
At this point, America would never want this war to end because a war here could mean that Iran could wipe Israel off the map. Many countries of the Muslim world will unite and declare war against Israel. America will never want Israel to withdraw from the Middle East. The main reason for this is that Iran is not officially a nuclear power country, but unofficially they certainly work with nuclear weapons. If war breaks out there, America may lose its respect.
We have been seeing in Bitcoin since the 2nd week of October is in a negative trend, but soon we will be able to see the bullish side of the market.
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At this point, America would never want this war to end because a war here could mean that Iran could wipe Israel off the map. Many countries of the Muslim world will unite and declare war against Israel. America will never want Israel to withdraw from the Middle East. The main reason for this is that Iran is not officially a nuclear power country, but unofficially they certainly work with nuclear weapons. If war breaks out there, America may lose its respect.
We have been seeing in Bitcoin since the 2nd week of October is in a negative trend, but soon we will be able to see the bullish side of the market.
If we keep talking about war then we will be posting offtopic, so its better for us to stick to the main topic, which is war really can make things hard for crypto market, and not only for it but for all the markets. But now the intensity of war is not that much means, only Middle east is suffering I have seen the videos and I don't want to see them again.
I don't know how this can happen in Lebanon and other countries and still the president of Israel saying they are not harming anyone civilian. They are only targeting army locations I mean that's for real. Well, as investors, we must make the best of this opportunity but still I hate this war not because it will dump the market.
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If we have to make any investment due to the situation in crypto currency, is this the right time?? As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
Yes, it's true, no one will know how the future will be. However, that's why when we are going to invest we must be able to consider the pros and cons, analyze first what we want to invest in. Then we first understand how our investment and its risks, including how many years we will invest in. Because these things will later greatly affect our mentality and the possibility of us surviving to invest.
We have been seeing in Bitcoin since the 2nd week of October is in a negative trend, but soon we will be able to see the bullish side of the market.
Yes, and in fact this may even be utilized and optimized to invest again, to increase the number of coins more for Bitcoin at a price that is still quite low. or to add some top altcoins that may have great potential to later in the bullrun era. Therefore, actually when our goal is for the long term, then we should not be too worried about the development of the current market will drop or not, the important thing is that we prioritize to increase accumulation when the price drops if possible. if not, then just wait more patiently. the bullrun will come, I believe in this thing.
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I don't think the October will be bullish because the start of it has not been that bullish and it is telling me the whole month will be like that.
I will only say the same thing when it's the last week of the month already.
And here we are, almost at the end of the month, and unfortunately, it was not the bullish phase that we are all have been waiting for. Yeah, it went as high as $69k, but then, the market has some correction and it goes down to $66k if I'm not mistaken, then bounce back again to $67k currenty.
Right now, we're almost halfway through the month and even though we are seeing the market going down compared to last month's price, I still expect that the month of October will be a bullish one for Bitcoin and the whole market. I mean one big news can just push the price upwards especially if it's a big one. Just look at it when the news about China injecting money to stimulate their economy went online. Price of all the markets especially the US Stock Market, and the Crypto market went up significantly. Maybe we see some good news in the upcoming weeks.
Still, I'm not disagreeing with what you said. I'm just having a different perspective towards the market and it's price movement than yours. ;)
Maybe the best that we can achieved is at least $68k, it could be that the month of October, we might be in the +6%, but that is still very small gains as per last month. And it might be better if we look at November and be just positive. After all, there will be the US election and so far, a supposedly bitcoin friendly candidate is leading and we don't know how big it will be for us if he will be elected officially in the coming weeks of next month.
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If we keep talking about war then we will be posting offtopic, so its better for us to stick to the main topic, which is war really can make things hard for crypto market, and not only for it but for all the markets. But now the intensity of war is not that much means, only Middle east is suffering I have seen the videos and I don't want to see them again.
I don't know how this can happen in Lebanon and other countries and still the president of Israel saying they are not harming anyone civilian. They are only targeting army locations I mean that's for real. Well, as investors, we must make the best of this opportunity but still I hate this war not because it will dump the market.
I understand how you feel. War hurts people communities and economies terribly. Situation in Middle East is heartbreaking and it is normal to be upset by what we see and hear.
But war also affects global economy and markets. As investors we need to stay informed and adjust to changes. However it is great that you care about more than just market changes. Recognizing harm war causes and feeling for those affected is crucial. Your words "I hate this war" mean a lot.
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Let's take the logic of how the rich investors do. They invest when everyone is scared of the market and everything seems to be low.
They sell when everyone is interested on the market as that will make the prices higher and make everyone hype for the demand of it increases too.
And, they have untraceable moves when the market shows stability. It could be either of the both that they might do.
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I understand how you feel. War hurts people communities and economies terribly. Situation in Middle East is heartbreaking and it is normal to be upset by what we see and hear.
But war also affects global economy and markets. As investors we need to stay informed and adjust to changes. However it is great that you care about more than just market changes. Recognizing harm war causes and feeling for those affected is crucial. Your words "I hate this war" mean a lot.
All the world is against this war but America is still providing Israel with weapons and defense system they are trying to make Israel a hub for their agencies in the Middle East as they are not near to us but when they will have the control of Israel they might use it for Atomic bomb base as well who knows what there main planning is but my words are not really based on true facts but that's just I fear their plan can be.
Besides the genocide Israel is doing is just insane, he sits in the bunker when another country attacks while his own people are outside what a coward. Well I don't want to go off topic here and don't want to show how much I hate this war so I can just pray to Allah for now.
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If we have to make any investment due to the situation in crypto currency, is this the right time?? As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
If you're going to buy because the price is moving up then you are following a FOMO, its best to buy when there is fear in the market or the market is in bear but its still ok to invest anytime you can do a DCA to grow your investment just use the spreadsheet or use the Coingecko portolio application so you can track your investment any of these are good to track your investment.
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If we have to make any investment due to the situation in crypto currency, is this the right time?? As no one knows when a coin will rise, if the time is right, whether to invest or not, questions arise in the mind.
Both during the bull run, bear market or when the market is stable, we can invest. I don’t think their is any wrong time to invest in cryptocurrency, you can invest either during the bull run or during bear market. If you have the money to invest, then you can do it, just make sure you make use of DCA strategy, don’t go all in at once. Since we are expecting bull run soon, even as we don’t know when it’s going to happen, then I think it’s not going to be a bad idea if you invest and hold, since everyone is expecting bull run.
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Both during the bull run, bear market or when the market is stable, we can invest. I don’t think their is any wrong time to invest in cryptocurrency, you can invest either during the bull run or during bear market. If you have the money to invest, then you can do it, just make sure you make use of DCA strategy, don’t go all in at once. Since we are expecting bull run soon, even as we don’t know when it’s going to happen, then I think it’s not going to be a bad idea if you invest and hold, since everyone is expecting bull run.
There is not a stable place for crypto market but there can be time when we are going to be having accumulation, this period exits for both bear and bull market and that's when to use the opportunity to buy especially the bear market. Buy what you can and hold until there is a reverse of the bull run to make profit.
Though right now, we are not in bull market and we are not in bear market. This is why dollar cost average is very useful and reliable thing to do if you have the money. Buy little by little until you have exhausted the money you plan to used to invest in crypto.
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Both during the bull run, bear market or when the market is stable, we can invest. I don’t think their is any wrong time to invest in cryptocurrency, you can invest either during the bull run or during bear market. If you have the money to invest, then you can do it, just make sure you make use of DCA strategy, don’t go all in at once. Since we are expecting bull run soon, even as we don’t know when it’s going to happen, then I think it’s not going to be a bad idea if you invest and hold, since everyone is expecting bull run.
The DCA strategy is indeed a very effective approach, especially when considering the long term approach, but that doesn’t mean it’s the only approach to use or that other approaches are ineffective. There’s also the lump sum approach, as you call it “going all in” this can also be quite a formidable approach depending on the investor’s investment goals, there’s also the “Buy the DIP” approach which can also be a pretty effective approach too, still considering and depends on the investor’s goals. Whatever approach a person wishes to use, he should make sure it suits his investment goals and most importantly, he should consider Bitcoin for its long term gain rather than the short term benefits.
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The DCA strategy is indeed a very effective approach, especially when considering the long term approach, but that doesn’t mean it’s the only approach to use or that other approaches are ineffective.
There are other effective strategy that can also work very well in terms of Bitcoin investment, however another good strategy is buying at dip because we can imagine if someone has a huge amount of money they have been preserving for months and invest all when the market dip, of course the amount of Bitcoin they would accumulate at that moment will be very high and after then they fall back with another arrangement by gathering another amount again to invest when it dip.
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There are other effective strategy that can also work very well in terms of Bitcoin investment, however another good strategy is buying at dip because we can imagine if someone has a huge amount of money they have been preserving for months and invest all when the market dip, of course the amount of Bitcoin they would accumulate at that moment will be very high and after then they fall back with another arrangement by gathering another amount again to invest when it dip.
That’s true but every strategy has its downturn and profits aren’t always guaranteed. A possible downturn of waiting for a potential DIP before buying is that, due to the unpredictability of the market, it makes it difficult and almost impossible to accurately predict the possible outcome of the market or its next move, thus, what you may see as a dip may just end up being a peak of the market for the next few months or years, hence resulting to buying at a peak rather than a DIP. And for those that are not patient with the market or those that are just after the short term gain of the market, they could end up selling at a loss.
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And for those that are not patient with the market or those that are just after the short term gain of the market, they could end up selling at a loss.
Those are the weak hands, they are only in the market for the short term, they don't buy when the price is low and they only fomo buy once the price starts to rise. I.e. now that BTC has crossed $70k, you will see a lot of people rushing to buy now, because they feel the major bull run is about to start, i call them weak hands.
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Those are the weak hands, they are only in the market for the short term, they don't buy when the price is low and they only fomo buy once the price starts to rise. I.e. now that BTC has crossed $70k, you will see a lot of people rushing to buy now, because they feel the major bull run is about to start, i call them weak hands.
Sometimes it's not about Ben a weak hand, people buy Bitcoin for various reasons you know and not everyone has the same aims and objectives. Right now that the Bitcoin is making some moves ahead of the election thag is going on, some people have large chunk of money sitting somewhere to buy Bitcoin and sell immediately to take their profits, always see Bitcoin as opportunity than holding.
If wishes were horses, I will love to see Bitcoin don't move as many people are expecting because the expectation is very high and then after the election has settled in, we can then experience one of the biggest bull run we have seen in a while, atleast altcoins can follow up.
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Those are the weak hands, they are only in the market for the short term, they don't buy when the price is low and they only fomo buy once the price starts to rise. I.e. now that BTC has crossed $70k, you will see a lot of people rushing to buy now, because they feel the major bull run is about to start, i call them weak hands.
Buying due to FOMO sometimes can be really misleading, this often happens when investors are only following others to invest and following hypes and market sentiments without actually conducting their own personal research and analysis. Sometimes, even those who have been around the market for long often make this mistake too. always relying on others' predictions and analysis can result to making wrong investment decisions thereby resulting to financial losses. An investor's success in the market determines how much experience and knowledge they've been able to acquire and also knowing the technique that'll soothe their financial goals best rather than always following the crowd.
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As far as this year is concerned to its end, this is the right time to invest in Bitcoin. I said this because whatever price Bitcoin reaches before the end of this year, I am sure it will skyrocket above it before Q1 or Q2 ends, giving such investors huge profits if they decide to sell by next year.
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As far as this year is concerned to its end, this is the right time to invest in Bitcoin. I said this because whatever price Bitcoin reaches before the end of this year, I am sure it will skyrocket above it before Q1 or Q2 ends, giving such investors huge profits if they decide to sell by next year.
You’re right.
There’s really no such thing as the right time to invest in Bitcoin because every time is the best time, as long as you can be able to HODL for the long term, even if you buy in the middle or at the end of a bullish season, you can still HODL to the next cycle and still stay in profits. It’s only those who are often in the market for its short term profit that are more interested in timing the market, seeking for a right opportunity to buy, while Buying the DIP can be one effective method to accumulate Bitcoin, we need to understand that it’s always impossible to time the market, especially for those who are only there for the short term benefits.
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As far as this year is concerned to its end, this is the right time to invest in Bitcoin. I said this because whatever price Bitcoin reaches before the end of this year, I am sure it will skyrocket above it before Q1 or Q2 ends, giving such investors huge profits if they decide to sell by next year.
Can I trust you?
I noticed many senior and experienced members said that Q1 and Q2 in 2025 will be very profitable years and that really makes me confident to wait for that moment.
If I had a lot of Bitcoin, for example 10 Bitcoin, it seems like I should put a Sell order in May to sell all my 10 Bitcoins to take profit, unfortunately I don't have any Bitcoin, let alone 10 Bitcoin, I don't even have 0.0001 BTC.
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I noticed many senior and experienced members said that Q1 and Q2 in 2025 will be very profitable years and that really makes me confident to wait for that moment. If I had a lot of Bitcoin, for example 10 Bitcoin, it seems like I should put a Sell order in May to sell all my 10 Bitcoins to take profit, unfortunately I don't have any Bitcoin, let alone 10 Bitcoin, I don't even have 0.0001 BTC.
I feel what you are driving into...we who don't have a lot of Bitcoin can only be like watching from afar of the explosion that will happen hoping that we can also be a part of the excitement. But then again, it would be the best time to seek what we can do to get as many Bitcoin as possible...maybe even selling all of your belongings, your house, car, your dog and cat just to raise funds for Bitcoin (of course, am just kidding but you get what I mean). Still, we have to note that no matter how looking forward are we for the rise of Bitcoin in 2025, everything can still be categorized as speculations and the only way to be sure is to wait for it.
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Still, we have to note that no matter how looking forward are we for the rise of Bitcoin in 2025, everything can still be categorized as speculations and the only way to be sure is to wait for it.
Yes but don't just wait and wait, when will you enter for the dip price if you don't specify a price that is appropriate for you to enter.
Say maybe do DCA when the price starts to dip and good management will give you the best entry price.
The bullish year of 2025 will be a higher bullish so prepare your bags and don't let you miss out on joining.
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As far as this year is concerned to its end, this is the right time to invest in Bitcoin. I said this because whatever price Bitcoin reaches before the end of this year, I am sure it will skyrocket above it before Q1 or Q2 ends, giving such investors huge profits if they decide to sell by next year.
Can I trust you?
I noticed many senior and experienced members said that Q1 and Q2 in 2025 will be very profitable years and that really makes me confident to wait for that moment.
If I had a lot of Bitcoin, for example 10 Bitcoin, it seems like I should put a Sell order in May to sell all my 10 Bitcoins to take profit, unfortunately I don't have any Bitcoin, let alone 10 Bitcoin, I don't even have 0.0001 BTC.
It's unfortunate that you don't any Bitcoin, are you happy about that? if not, what efforts are you making to get satoshi in your portfolio. Do you want to sit back tight and watch how Bitcoin will skyrocket by Q1 or Q2 of next year, and we will have you complained how you miss investing in Bitcoin when it was a bit low.
Don't be among those who learn about Bitcoin to give them huge profits in the future but they feel reluctant to invest in it because they thought it's to expensive for them to invest with little they have
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As far as this year is concerned to its end, this is the right time to invest in Bitcoin. I said this because whatever price Bitcoin reaches before the end of this year, I am sure it will skyrocket above it before Q1 or Q2 ends, giving such investors huge profits if they decide to sell by next year.
You’re right.
There’s really no such thing as the right time to invest in Bitcoin because every time is the best time, as long as you can be able to HODL for the long term, even if you buy in the middle or at the end of a bullish season, you can still HODL to the next cycle and still stay in profits. It’s only those who are often in the market for its short term profit that are more interested in timing the market, seeking for a right opportunity to buy, while Buying the DIP can be one effective method to accumulate Bitcoin, we need to understand that it’s always impossible to time the market, especially for those who are only there for the short term benefits.
Inasmuch, I would agree with your wordings that every time is the best time to invest in Bitcoin; what will you now say about investing during the bear market and investing at the top of the market(bull market)? Whom between the two stands a chance to make huge profits if both intend to hold for the long term.
Let me leave you with that thought for you to analyze which one seems to be the best time to invest in Bitcoin. However, whoever is investing in Bitcoin in the bull run would like to hodl it for gains. That should require a long term plan not a short term plan.
I remember a few years back, around 2021, how people complained about how they were at the loss side because they invested at a high price, above $64k. It took 3 years before Bitcoin skyrocketed above that price.
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Inasmuch, I would agree with your wordings that every time is the best time to invest in Bitcoin; what will you now say about investing during the bear market and investing at the top of the market(bull market)? Whom between the two stands a chance to make huge profits if both intend to hold for the long term.
Well just like you rightly said. Those who attempt to wait for the bullish season before investing are mostly in the market for the short term gain that the asset has to offer, and if that’s so then this could often take an unexpected turn since no one has the ability to accurately predict the market, from what we know, the bull run mostly comes after the bear market but no one knows how long the bull run would continue and to what extent it would go, many could only predict that it would go higher than its previous peak but in the end, it’s just all speculations and when people follow these speculations blindly, the result could be disastrous.
A pretty could example of how unpredictable the market can be is just few months back after the last concluded Bitcoin Spot ETF, and just like investors predicted, Bitcoin price moved rapidly uptrend reaching over $73k if I’m not mistaken, and there were still so many speculations that Bitcoin would reach $100k before the month runs out and I believe many invested at that point due to those speculations and predictions, and also with the optimism investors had about the upcoming Halving, many investors bought even more Bitcoin preparing for the bigger bull run, and we all know how that played out.
And concerning those who chose to invest in the bear market, I don’t know but I think the bear market is one the best time for investors to invest, as long as they maintain the long term approach, because at this point, no big move is really happening in the market as the market remains as still as water, thus enabling the investor to make better investment decisions without being rushed by sudden market moves into making impulsive decisions. During the bear market, investors that choose to buy Bitcoin are often those who understands the importance of a long term approach, they’re mostly buying to prepare for the next bull run even if they don’t really know or attempt predicting exactly when it will come.
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I noticed many senior and experienced members said that Q1 and Q2 in 2025 will be very profitable years and that really makes me confident to wait for that moment. If I had a lot of Bitcoin, for example 10 Bitcoin, it seems like I should put a Sell order in May to sell all my 10 Bitcoins to take profit, unfortunately I don't have any Bitcoin, let alone 10 Bitcoin, I don't even have 0.0001 BTC.
~snip~
...maybe even selling all of your belongings, your house, car, your dog and cat just to raise funds for Bitcoin (of course, am just kidding but you get what I mean).
lol, I like your jokes and I appreciate it. In my opinion, jokes are a bit important because it gives the impression that we are not too focused and serious about our work because humans need entertainment.
Still, we have to note that no matter how looking forward are we for the rise of Bitcoin in 2025, everything can still be categorized as speculations and the only way to be sure is to wait for it.
If you are going to wait for 2025 to be the best year for profit, then I am definitely here to wait for it too so I can see you making excess profits from the Bitcoin market.
As far as this year is concerned to its end, this is the right time to invest in Bitcoin. I said this because whatever price Bitcoin reaches before the end of this year, I am sure it will skyrocket above it before Q1 or Q2 ends, giving such investors huge profits if they decide to sell by next year.
Can I trust you?
I noticed many senior and experienced members said that Q1 and Q2 in 2025 will be very profitable years and that really makes me confident to wait for that moment.
If I had a lot of Bitcoin, for example 10 Bitcoin, it seems like I should put a Sell order in May to sell all my 10 Bitcoins to take profit, unfortunately I don't have any Bitcoin, let alone 10 Bitcoin, I don't even have 0.0001 BTC.
~snip~
Don't be among those who learn about Bitcoin to give them huge profits in the future but they feel reluctant to invest in it because they thought it's to expensive for them to invest with little they have
Life can't be forced, I also don't want to be carried away by FOMO so I also have to learn more about Bitcoin. I admit that many people suggest buying Bitcoin but my efforts to buy Bitcoin are not easy and certainly require free money to be able to buy Bitcoin.
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As far as this year is concerned to its end, this is the right time to invest in Bitcoin. I said this because whatever price Bitcoin reaches before the end of this year, I am sure it will skyrocket above it before Q1 or Q2 ends, giving such investors huge profits if they decide to sell by next year.
Can I trust you?
I noticed many senior and experienced members said that Q1 and Q2 in 2025 will be very profitable years and that really makes me confident to wait for that moment.
If I had a lot of Bitcoin, for example 10 Bitcoin, it seems like I should put a Sell order in May to sell all my 10 Bitcoins to take profit, unfortunately I don't have any Bitcoin, let alone 10 Bitcoin, I don't even have 0.0001 BTC.
~snip~
Don't be among those who learn about Bitcoin to give them huge profits in the future but they feel reluctant to invest in it because they thought it's to expensive for them to invest with little they have
Life can't be forced, I also don't want to be carried away by FOMO so I also have to learn more about Bitcoin. I admit that many people suggest buying Bitcoin but my efforts to buy Bitcoin are not easy and certainly require free money to be able to buy Bitcoin.
I understand. But remember, there's no free money anywhere. You ought to work for the money before you earn it. You work to get paid. Nobody dashes people's money any longer because the economy is no longer as smooth sailing as before someone can dash someone else money as before. People are just managing, and trying to invest with their spare money in Bitcoin
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I can't give my friends any very risky advice because by investing in cryptocurrency because it's better for me personally to secure their funds for good things. Cryptocurrency is more complicated than we think, when buying coins and the price drops, all emotions go up and our mentality will definitely be disturbed.
As for me personally, when I want to invest, I just have to buy the coins we want according to our taste but don't buy because all markets definitely have coins that are created for Pump and Dump. Maybe if I invest in cryptocurrency right now, I will definitely buy Bitcoin, I don't want to take other risks.
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Just as we can source from diverse means to ensure we have our investment capital, we must also be ready and willing to learn, know and be well prepared on making decision over crypto investment.
There is both the good and bad side of any thing we are doing in life, this same follow suite with the way we are investing, we cant give less and expect much, we should be able to explore in making findings about the areas we could view some possible opportunities and invest.
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I can't give my friends any very risky advice because by investing in cryptocurrency because it's better for me personally to secure their funds for good things.
It is not even recommended to give investment advice to people, they will turn around and complain to you if the investment is not as successful as they imagined. Most cryptocurrencies are volatile, so anyone investing should know that it can rise and it can also fall, some people want it to only rise, but that is not possible.
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I understand. But remember, there's no free money anywhere. You ought to work for the money before you earn it. You work to get paid. Nobody dashes people's money any longer because the economy is no longer as smooth sailing as before someone can dash someone else money as before. People are just managing, and trying to invest with their spare money in Bitcoin
In essence, all businesses will require capital, and that capital is inseparable from money, whether it is large or very small, in the crypto world, it will definitely be needed. Even if we get certain tokens from airdrops or other programs, it must also be capital from ourselves, we don't get it directly for free. There is capital in the form of money, energy, time and others that we should consider. However, this may be arguably more affordable and we can reach it, rather than spending large amounts of money to invest in certain coins, especially new coins.
There is both the good and bad side of any thing we are doing in life, this same follow suite with the way we are investing, we cant give less and expect much, we should be able to explore in making findings about the areas we could view some possible opportunities and invest.
Certainly, we will not be free from the positive and negative sides. What we should do is consider both sides more maturely, better, and certainly wisely. Considering based on our condition at that time, our ability, and also our level of taking risks, especially in putting our money in this investment, must be full of consideration between the pluses and minuses.
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I can't give my friends any very risky advice because by investing in cryptocurrency because it's better for me personally to secure their funds for good things.
It is not even recommended to give investment advice to people, they will turn around and complain to you if the investment is not as successful as they imagined. Most cryptocurrencies are volatile, so anyone investing should know that it can rise and it can also fall, some people want it to only rise, but that is not possible.
It's not recommended, but not illegal as well. At the end of the day, it's you who will decide on whether you should give them advice or not.
What I would suggest though is that if you're giving advice to somebody, tell the positive and negative sides of it and always say that you're not the one to blame just in case things go south. Just for your safety as well. We know how volatile cryptocurrencies are and as a newbie, they might get overwhelmed and can panic so easily. As for me, I gave some small tips to the people around me with regards to cryptocurrencies, but I always say that they should not invest into it if they don't know anything about it. Better learn first.
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I can't give my friends any very risky advice because by investing in cryptocurrency because it's better for me personally to secure their funds for good things.
It is not even recommended to give investment advice to people, they will turn around and complain to you if the investment is not as successful as they imagined. Most cryptocurrencies are volatile, so anyone investing should know that it can rise and it can also fall, some people want it to only rise, but that is not possible.
It's not recommended, but not illegal as well. At the end of the day, it's you who will decide on whether you should give them advice or not.
What I would suggest though is that if you're giving advice to somebody, tell the positive and negative sides of it and always say that you're not the one to blame just in case things go south. Just for your safety as well. We know how volatile cryptocurrencies are and as a newbie, they might get overwhelmed and can panic so easily. As for me, I gave some small tips to the people around me with regards to cryptocurrencies, but I always say that they should not invest into it if they don't know anything about it. Better learn first.
For me, i wont really be giving any advises when it comes to investing on cryptocurrencies on which we know that when it comes into this aspect then this is something that will really be that
possibly creating some problems in between into thos people whom you had given your advises. For sure they will really be expecting about sure profits and on the moment that market volatility
happens and give out that negative into their port then pretty sure that there would really be those individuals who would really be pointing out some fingers towards you and
blaming the loses that they have made out and this is something that i had experienced in the past and thats why i dont really like to recommend anymore.
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I can't give my friends any very risky advice because by investing in cryptocurrency because it's better for me personally to secure their funds for good things.
It is not even recommended to give investment advice to people, they will turn around and complain to you if the investment is not as successful as they imagined. Most cryptocurrencies are volatile, so anyone investing should know that it can rise and it can also fall, some people want it to only rise, but that is not possible.
It's not recommended, but not illegal as well. At the end of the day, it's you who will decide on whether you should give them advice or not.
What I would suggest though is that if you're giving advice to somebody, tell the positive and negative sides of it and always say that you're not the one to blame just in case things go south. Just for your safety as well. We know how volatile cryptocurrencies are and as a newbie, they might get overwhelmed and can panic so easily. As for me, I gave some small tips to the people around me with regards to cryptocurrencies, but I always say that they should not invest into it if they don't know anything about it. Better learn first.
For me, i wont really be giving any advises when it comes to investing on cryptocurrencies on which we know that when it comes into this aspect then this is something that will really be that
possibly creating some problems in between into thos people whom you had given your advises. For sure they will really be expecting about sure profits and on the moment that market volatility
happens and give out that negative into their port then pretty sure that there would really be those individuals who would really be pointing out some fingers towards you and
blaming the loses that they have made out and this is something that i had experienced in the past and thats why i dont really like to recommend anymore.
One word. I'll suggest DCA. once you DCA you'll make more money imo
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What I would suggest though is that if you're giving advice to somebody, tell the positive and negative sides of it and always say that you're not the one to blame just in case things go south.
if you are going to advice someone, don’t just blatantly tell them what to do or what not to do allow them to have options and so they can make their own decisions you are only advising not making the decision for themselves plus they won’t be able to learn anything if you give it straight to them
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I can't give my friends any very risky advice because by investing in cryptocurrency because it's better for me personally to secure their funds for good things.
It is not even recommended to give investment advice to people, they will turn around and complain to you if the investment is not as successful as they imagined.
What you said is very true, I have experienced something like this and this happened to my friend, my friend gave advice to my friend about Bitcoin trading but a long time ago. My friend (X) gave advice to his friend (Z) to buy Bitcoin but after a few days his Bitcoin went down and this friend (Z) kept complaining to his friend (X) so he decided to CutLoss, this position was in a loss of around 30%.
Unfortunately this friend (Z) has no patience, if he had HodL until now maybe he could also take advantage because as I remember (Z) bought Bitcoin at a price of around 22,000 dollars.
This is what I fear if I give advice to others about crypto, it is better to keep my crypto experience to myself, rather than end up becoming a problem between our friendship in the real world.
Most cryptocurrencies are volatile, so anyone investing should know that it can rise and it can also fall, some people want it to only rise, but that is not possible.
That's right, this crypto is very volatile and difficult to predict the price, reflecting on my friend's story above, investing in Bitcoin will also be problematic if given the advice to friends who are impatient and do not understand crypto. This is very dangerous and it is better for me to have crypto knowledge myself without giving my experience to others.