Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Gita on October 12, 2024, 10:08:26 AM
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
I believe that you would be created an excellent topic and comment in your post. Because we know that bitcoin is the best valuable crypto in cryptocurrency market. So i think it will be best profitable crypto for us in cryptocurrency market. But we also know that crypto market will continue running in up and down. So i believe that if bitcoin price will down, than we can invest or trade in this crypto. Because we know that down market is very prefer for hold crypto.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
If you get used to only buying or investing in bitcoin when the price is going up, then rest assured you will forever be limited in the amount of profit you can make from your investment.
Wise investors only buy bitcoin when the price is down, and they use DCA strategy to acquire even more bitcoins as the price continues to drop, and when the price start going up, noobs like you jump in to buy, guess who you will buying from? It's the wise investors who bought when the price was very lower.
Bitcoin have over and over again proven to always rise back after every major fall, and those who are aware of this are taking advantage of it to make good money for themselves.
You too can learn the same, buy when the price is down and going down, waiting to buy when the price is already rising is a mistake even though most times, it's still quite profitable.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
Are you considering investing in Bitcoin? Now might be a good time, as the price is currently in a retracement phase. Many expect this month to be bullish, dubbed 'Uptober.' However, I predict the price will remain around $60,000.
For investing in Bitcoin, consider using the Dollar-Cost Averaging (DCA) method, where you invest small amounts gradually. Alternatively, some people do wiat for dips, but I don't advice awaiting too much as we don't know what move the market might be making next. on the other hand, Purchasing at higher prices reduces potential profits that could be made from buying at lower levels
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
No one can give you financial advise, or you shouldn't be asking one because there is no sure or definite answer here. I can say that Bitcoin is a bad buy because as you have said it has a lot of ups and downs, but are you going to believed me? In investing, you should make your final decision by doing your own research. And I would say that majority here who has been in the market for so long, I doubt that they've ask or being mentored by others. We simply take the risk on investing on it and we are so happy that we did it. So just ask yourself if you are willing to take that big leap. Only thing I can say is that Bitcoin is not a get rich scheme, it will take a lot from you, specially mentally as you are going to hold on it for a long time to make a big profit.
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~snip~
Bitcoin price is currently skyrocketing so is it worth buying??
The price of BTC has been relatively stable for months with a few slightly bigger drops, so I don't see where your conclusion about "skyrocketing" comes from?
My view is that BTC is always valuable, not only in terms of price, but in terms of being the only decentralized cryptocurrency that has achieved incredible success in 15 years. If you think only about the price, then you will always have a problem, because if today BTC is expensive for you, tomorrow it can be even more expensive, and in 5 or 10 years you can remember this moment and think how cheap it was then (today).
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
I'm unsure who told you BTC price is skyrocketing. To me, BTC has been consolidating and sideways for the past six months, inducing market-wide FUD. If you believe BTC is surging, perhaps you're a long-term investor comparing current price to early 2023, or you might be misinterpreting the market current state.
Regardless, if you have idle funds and want to invest in crypto, BTC is always a worthy addition to your portfolio. I believe we're in an uptrend, a bullrun is imminent, and BTC could easily hit $150K-$170K in 2025.
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Bitcoin price is currently skyrocketing so is it worth buying??
Well, compare to it's price a few days ago, it surely is skyrocketing... or not. I guess the correct term is "recovering" because we've seen Bitcoin going up to this price as well before going down to below $60,000 a few days ago.
It isn't skyrocketing, but just recovering. As for your question though, it will depend on how long will you hold it. If you're planning to hold it for short term meaning weeks, I guess you might need to wait a bit to make a correction yet again. Now if you're buying it because you want to sell it during the bull run, buying now is still a good choice because at the end of the day, you will still make profit although it will be lower compared to if you waited for it to go down. You can buy, but don't blame anybody because you can't make a decision by yourself.
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investment and business are all positive things and can be run both
indeed the price of BTC currently has a fairly high price, but actually you don't need to worry about where we can buy bitcoin by installments so buy btc according to your ability even though the price of btc continues to rise, you will definitely be able to get profit every time you buy btc
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
You money so your choice.
I will say that bitcoin is already a proven commodity that has grown from thing to $60K at the moment in just over 15 years and if you still need some convincing reason to invest now then I don't know what else will.
Probably bitcoin is the asset that gave returns this much compared to anything in the world since it's existence.
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Bitcoin price is currently skyrocketing so is it worth buying??
Bitcoin’s value is on the increase, but it has not yet gotten to its peak value, you can still profit from the increase in value if you invest well giving yourself a good chance. There is more assurance of the value of bitcoin increasing than some other coins, so it is still very worth buying.
Investing well in bitcoin right now means buying a significant amount to account for the long opportunity period of investing that has always been.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
I have some questions I will like to ask you, are you new to Bitcoin and are you investing for the first time. If yes, I hope you understand the risk involved in it. If you do, then another question I will like to ask you is about time you want to invest. Are you investing for the long term or you are doing it for the short term, you need to ask yourself this question before you put money in Bitcoin.
There is nothing bad in buying Bitcoin, if you think the price is going up and not coming down, you can do some risk management and practice dollar cost average, that will help you to buy more in the future when the price drop or go higher and it will even favor you more than when you but everything at once.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
Although its desirable to buy Bitcoin when in dip or in bear season, its still good to buy Bitcoin anytime as long as you can hold that Bitcoin until you realize your profit, I'm more into buying Bitcoin when I have funds and I am comfortable waiting for the price to move up and multiply my earnings, I am not good at trading, so I concentrate on DCA and accumulating, and I love to do it in the bear trend.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
Bitcoin is worth buying, we should be mindful of this at anytime as long as we know that we are going to give some time for it to mature before the sell, when we invest on bitcoin, then we are expected to go ore further into safety ways to secure our investments in it, because its not in buying alone, but instead, we do some certain things which are not very attractive enough for us to have our expectations in it.
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In my opinion it is always better to make this form of investment too, buying small fractions of bitcoin monthly, its value in the long term can only increase given that the rewards for mining are halved every 4 years
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Of course Bitcoin is always worth buying, whether it is high or low it is definitely worth buying because even if it is high today there will come a day in the future when you say I wish I bought it then, because Bitcoin has one upward trend in the long run.
You chose an expressive title, indeed if you believe in Bitcoin just take it regardless of the price and if you do not believe in it it is better to leave it and go far away to buy shitcoin.
So in answer to your question yes buy even if you think the price of Bitcoin is high.
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Even though the price of bitcoin has skyrocketed above $60K at this time still continue to buy bitcoi and hope to get more from each purchase made.
Do you have any doubts between choosing to do business or investing in BTC? In your view, is bitcoin more worth prioritizing or not?
I would not suggest it but I am here choosing bitcoin and investing for several years.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
if you do not do something starting from now then you will not change in yourself and you will not get any income, if you do it now and you manage your funds well so that you can generate a lot of profit ... what are you waiting for for investment, it is never too late for all of that and the price of bitcoin is not high now, it is still early and many people believe that the price of bitcoin in 2025 will soar.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
We should not buy Bitcoin when its price is increasing but we should buy it when the price is low and we have confidence that it will rise at that time the money will be well spent but now it is not and the risk is even higher because if the price is already skyrocketing then how can we be confident that it will rise more and we will make a profit.
If I want to hold Bitcoin for long time than I will take it but if I want to trade it for short time then I will not take it now even if the hype of October month is crazy and that it is bullish in past but we must not see only past but the future and future is saying it is not bullish in short time.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
Why not? It's Bitcoin, if it's Bitcoin and I have the money to really spend it, yes without a doubt I will take it. Increasing Bitcoin accumulation is my main priority right now, to prepare for the bullrun. Even if it doesn't match the target, at least I can still get profits. Or if I miss the moment, I can still hold them for the next years again. So don't hesitate to invest in Bitcoin as long as you use free money exactly. Don't use money for other purposes. That's the basic principle, we use every possibility to get higher worth and value.
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Investing and trading is entirely your personal matter. You can trade if you like. Some Precautions If you cannot take precautions and create fear in yourself, you cannot trade or invest. To work and survive in cryptocurrency you have to take risks and move forward with those risks. If you can't take risks, you won't succeed at anything. No matter how high the price of Bitcoin is, you can invest if you want to invest. Bitcoin is suitable to buy anytime so if you are more hesitant about the market then you can follow DCA method as DCA method is the most suitable method of investment. Bitcoin Market Will Have Volatility Bitcoin is so popular today because of volatility.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
Are you considering investing in Bitcoin? Now might be a good time, as the price is currently in a retracement phase. Many expect this month to be bullish, dubbed 'Uptober.' However, I predict the price will remain around $60,000.
For investing in Bitcoin, consider using the Dollar-Cost Averaging (DCA) method, where you invest small amounts gradually. Alternatively, some people do wiat for dips, but I don't advice awaiting too much as we don't know what move the market might be making next. on the other hand, Purchasing at higher prices reduces potential profits that could be made from buying at lower levels
Sure mate, to me it all depends on how long you are planning to make your investment. Looking at BTC, it's obvious that it always wanting to move higher in price as time goes by...
So whenever you place investment, you are likely to see profits, no matter how long it takes for the profit to grow to the taste of the investor.
Investment is a good idea especially on coins like BTC, but it all depends on your patience and time it consumes before price appreciates to as high as needed.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
If you are a trader, it is up to you whether you want to buy. But if you are an investor, it is never too late to invest in Bitcoin. But never go all in. If you have a thousand dollars, divide it by ten and buy a hundred dollars worth of Bitcoin every week. That is how DCA works, and I have to admit that I haven't seen a better method than DCA to invest in Bitcoin.
You should be ready to make a profit as well. If you panic during the dip market, you fail there. You have to invest more whenever you see a dip market. You should buy the fear and sell the greed. That's how Bitcoin OG people make money out of market.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
If you get used to only buying or investing in bitcoin when the price is going up, then rest assured you will forever be limited in the amount of profit you can make from your investment.
Wise investors only buy bitcoin when the price is down, and they use DCA strategy to acquire even more bitcoins as the price continues to drop, and when the price start going up, noobs like you jump in to buy, guess who you will buying from? It's the wise investors who bought when the price was very lower.
Bitcoin have over and over again proven to always rise back after every major fall, and those who are aware of this are taking advantage of it to make good money for themselves.
You too can learn the same, buy when the price is down and going down, waiting to buy when the price is already rising is a mistake even though most times, it's still quite profitable.
You are right, that noobs like us have a lot of desire to buy Bitcoin. But since we woke up, we are moving forward slowly, understanding the morning and hoping that you people will support us and continue to explain us in the same way..
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
Anytime Bitcoin is worthy for purchase especially for those interested in holding Bitcoin for the long term. At the moment Bitcoin is standing at $63k and there is a big chance for its price to increase in the next few days. If you are novice then you should know about Bitcoin at this point. Once you have a basic knowledge of Bitcoin, you will have a better idea when you should invest according to the market condition. But before investing, the risk must be kept in mind. Those who are ready to take the risk and interested in investing in Bitcoin can benefit the most. If you are an experienced trader you may profit temporarily but I give priority to long term planning when it comes to trading in Bitcoin.
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In my opinion it is always better to make this form of investment too, buying small fractions of bitcoin monthly, its value in the long term can only increase given that the rewards for mining are halved every 4 years
The value of BTC has always increased until now, but can anyone say with certainty that it will be so in the future?
The fact is that halving happens every 210 000 blocks, which is approximately 4 years - but it is also a fact that we already have 94% supply in circulation today - which means that each future halving will have less and less impact on the price. By the end of the decade, 99% of all BTC will be mined, and then the halving should have almost no effect on the price, which means that the four-year cycle would actually cease to exist.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
Anytime Bitcoin is worthy for purchase especially for those interested in holding Bitcoin for the long term. At the moment Bitcoin is standing at $63k and there is a big chance for its price to increase in the next few days. If you are novice then you should know about Bitcoin at this point. Once you have a basic knowledge of Bitcoin, you will have a better idea when you should invest according to the market condition. But before investing, the risk must be kept in mind. Those who are ready to take the risk and interested in investing in Bitcoin can benefit the most. If you are an experienced trader you may profit temporarily but I give priority to long term planning when it comes to trading in Bitcoin.
Before deciding to buy or not, it would be better to deepen our knowledge of bitcoin, after we feel we understand it enough, the next step is to plan well. This planning includes several parts, one of which is risk considerations, financial management to our mentality in investing.
I think at first we will experience a bad mentality, because that is the first time we hold bitcoin, so experience will also speak here. While in experience, we will only get it after we enter this bitcoin investment.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
Have long term goal in mind before investing. 6-5 years
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
If you believe that the price of Bitcoin will reach $100k then it is still good to invest. To determine if it's good to invest or not is just depends on how you see the price of Bitcoin in the future, if you believe that Bitcoin will fall then why to invest? We are not here to predict because no one can be able to make it in Bitcoin, instead we should learn to analyze the price because using this way it will increase the probability that price will go the expected area.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
This is the best time to buy bitcoin if you have the funds to invest because waiting might be a waste of time since bitcoin price waits for no man. The current price of bitcoin is good, and you should take advantage of it since bitcoin price will soon go to the moon any moment from now because we are hoping to see a new ATH in no time. It is good if you buy and hodli for long term rather than trading because trading will only make you run at loss since you are not experienced in it. However, if you want to trade, it is better that you buy bitcoin when the price is down and sell when it is up.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
Investing in Bitcoin is a choice, not a must. It's when you are convinced about having Bitcoin as a store of value that's when you should invest in it because the risk that is involved is not what one should go into without having the proper knowledge of crypto and investing with the amount they can afford to lose not their emergency money.
Many people have made the mistake of investing in Bitcoin because of FOMO. When Bitcoin began to decline in price, they felt cheated and annoyed that they invested in Bitcoin at a high price. However, don't be like those investors who are after short-term profits over Bitcoin, not long-term profits.
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Bitcoin price is currently skyrocketing so is it worth buying??
I believe yes it's worth buying Bitcoin below $65k because in these 3 months Bitcoin could theoretically perform good and there's chance that it might makes a new ATH in these 3 months. I know the highest peak or the high ATH that we all are expecting might not take place in these 3 months but at least it could make a new ATH.
I believe the highest value of Bitcoin or you can say the highest ATH it will make for this bull run will happen in 2025, and if someone invests in Bitcoin even this day then during that highest peak of it the investor might make more than 50% profit even if Bitcoin touches just $100k that most think it will reach.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
I think it would be wrong to think business investment and crypto investment same.
Bitcoin is safe but there is definitely risk here and if you don't know how to trade then you can face loss even by investing here. If you give me two options, investment in business or investment in bitcoin, I will definitely say investment in business. And when your profit earning starts from the business, adopt small amount of regular bitcoin which is definitely for long term.
And if you want to make a big investment in Bitcoin, you must target the bear market and then invest, bu not in the bullish market or bull season.
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I believe yes it's worth buying Bitcoin below $65k because in these 3 months Bitcoin could theoretically perform good and there's chance that it might makes a new ATH in these 3 months. I know the highest peak or the high ATH that we all are expecting might not take place in these 3 months but at least it could make a new ATH.
If there is an opportunity to buy and our money allows it, then just buy it. If Bitcoin is indeed not in doubt, as long as we still buy it before the peak bullish era. Because that is Bitcoin, if it is still below ATH, if I go ahead and buy it, doing DCA is very helpful so that we can consistently make purchases regularly.
It's just that one of the keys is patience. because Bitcoin is more worth it for the long term. So if you intend to buy Bitcoin and want high profits in a very short time, it might be much more difficult because of Bitcoin's high volatility, and its ups and downs are sometimes not very predictable.
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You are right, that noobs like us have a lot of desire to buy Bitcoin. But since we woke up, we are moving forward slowly, understanding the morning and hoping that you people will support us and continue to explain us in the same way..
by having you search for information or news about bitcoin it will be easier for you to trade because news about bitcoin will create or determine the increase or decrease in the price of bitcoin, if the news has a positive impact then the price will increase and if the news has a negative impact then the price of bitcoin will decrease. from the good or bad news it will have an impact on the market, so you have to search for a lot of information.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
If you are willing to take the risk then why not right? It is always up to us whether we are going to deal with the money we had in buying Bitcoin even in it's volatility given that we all know the risk of it. So if you are a complete beginner then I think you need more knowledge to take part on this sector.
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A person who is really serious to make a good mark and make some success in the cryptocurrency industry should seriously look at Bitcoin and how it can be a good tool towards financial freedom into the future. I understand that you can be looking at the price as too high already and that can be because you compared it to the past...but if you look into the future am sure you can be excited to see its big potential gains. Of course, nobody can predict the future as we don't have the power to that...but if you can sense the future of Bitcoin you will understand that it is really attractive. In summary, I am suggesting you to TAKE IT now otherwise you will be regretting it later. Of course, you need to make your own due diligence and decide things firmly on your own and not because somebody is telling you this and that.
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The fact is that halving happens every 210 000 blocks, which is approximately 4 years - but it is also a fact that we already have 94% supply in circulation today - which means that each future halving will have less and less impact on the price. By the end of the decade, 99% of all BTC will be mined, and then the halving should have almost no effect on the price, which means that the four-year cycle would actually cease to exist.
That is a good point. Scarcity won't increase suddenly, but it will increase slowly day by day. Previously, scarcity jumped high right after the halving or after a couple of months, and the Bitcoin price started pumping. People had to wait for a long time to expect a bull run. I am not sure what will fuel the bull run next time if the halving does not affect much in the future. We probably don't have to wait for the halving anymore. This crypto adoption/ban news will continue manipulating the price, and we must take chances.
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If you believe that the price of Bitcoin will reach $100k then it is still good to invest.
~snip~
I don't think many people would be satisfied if they profited only 30-40% on their investment considering the stories they constantly hear about how some others got rich by investing in BTC. So I think a lot of people are actually wondering if something like that is still possible - and I think it's impossible to expect the price of BTC to increase x50 or x100 even in the distant future - but x5 to x10 in the next ten years doesn't seem impossible achievement.
The question is who would be satisfied with that, and who will still look for their big chance in investing in altcoins?
@Learn Bitcoin, the future is uncertain in this matter, because what we know are facts based on numbers, but we cannot know how much the impact of the decreasing number of BTC available for mining and decreasing rewards for miners will affect the formation of the BTC price.
My opinion is that in the future we could only have a couple of large mining farms for which mining will be profitable and that only if the price of BTC is much higher than today. There is less than 6% of BTC left for mining, which is a really small number, and there should be no doubt that the race for the largest share of that pie will continue for years to come.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
It is good to invest on Bitcoin but it is discouragesous asking you to invest just because the price is begining to pump up.
If maybe you are not too aware, Bitcoin is a volatile digital assets which values goes within the UPs and DOWNs just as mentioned so that you don't have to feel disappointed when the value goes down before taking your profits.
However, running a physical business is different from investing on Bitcoin because you can actually apply some trading strategies and you would always be possible or making quick profits while Bitcoin is better off long term investment because it can not give you quick profits and there is absolutely no personal strategy to make profit. You only need to set your investment goal whether in a short term or long term goal with your Bitcoin investment.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
Why did you wait till when you saw a spike upward in the movement of bitcoin before you are considering whether to invest in it or not. The good thing about bitcoin is that you can invest at anytime and if you hold for the long time, you’ll be able to benefit big from the investment. The thought of starting your bitcoin investment now or not should be something you should take very serious and not just a speculative thought that comes to your mind from time to time. If you’ve learnt about bitcoin and how it moves along the path it’s trading on, you’ll have no doubt than just filling up and jump on the ride too. The bitcoin market could be unpredictable but that doesn’t make it not worthy of not being invested in to be profitable.
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There isn't really anything to discuss about this, because there should be risk aversion on your part when you are making these investments. I mean if you are investing with money that you will need, then you should not make that investment, if you are investing with money you are fine with losing, then whats the harm in investing? This is why, I tend to keep investing, and when price grows over what I owe in debt, I sell and pay my debt, then I incur more debt while accumulating more bitcoin, and repeat. This has been quite a lot, two cycles so far, did it in 2017 and did it in 2021, I am planning on doing it again this time too when bitcoin reaches 150k.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
Whether you should trade or not is based on your own decision, not based on the current movement of the market. If you believe that you can do it, JUST DO IT. If you have enough knowledge that will help you become more profitable in trading, then just do it. Why act like you're depending on the market movements.
As for you doing business, tell me a business that doesn't need to invest? I don't think you can say at least one because in order to do business, you need at least capital to start. As for the current price of Bitcoin and is it worth buying, I said it in the past and I will say it again. It depends on how long you are willing to hold it. If you're just holding it for a few weeks, then it isn't worth buying it. Now if you're planning to sell it during the bull market then it's still a good time to buy although the profits will be lower since the price went up already.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not??
you want to make business with bitcoin? do you mean you want to invest in bitcoin in order to build your business or you want to incorporate bitcoin on your business?
anyway only you can decide if you want to invest or not if you are not convinced then don't because i do not think you will be earning so much if you are hesitant and might react on every little movement of the market i suggest you do more research and then decide if you want to have some faith in bitcoin
Bitcoin price is currently skyrocketing so is it worth buying??
no mate it is not skyrocketing right now this is actually quite low from what people have expected it to be by this month so if you want to buy then buy now because bitcoin will get more expensive than this
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Investing and trading is entirely your personal matter. You can trade if you like. Some Precautions If you cannot take precautions and create fear in yourself, you cannot trade or invest. To work and survive in cryptocurrency you have to take risks and move forward with those risks. If you can't take risks, you won't succeed at anything. No matter how high the price of Bitcoin is, you can invest if you want to invest. Bitcoin is suitable to buy anytime so if you are more hesitant about the market then you can follow DCA method as DCA method is the most suitable method of investment. Bitcoin Market Will Have Volatility Bitcoin is so popular today because of volatility.
The best method to invest in crypto for a newbie is certainly the DCA method it gives us the benefit of investing as low as with $10. With time if we feel more comfortable then we can invest more but at start we must only invest with the money that we don't care to lose. It means if the money we are investing is for food and for bills then don't invest if it just lying in your bank account doing nothing then invest it in BTC but start with few dollars.
Loss and profit in BTC are quick due to volatility newbies might drive in or away from crypto after facing the volatility. If they made a profit first they will drive toward it otherwise loss can end up going away and they will call crypto gambling
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Investing and trading is entirely your personal matter. You can trade if you like. Some Precautions If you cannot take precautions and create fear in yourself, you cannot trade or invest. To work and survive in cryptocurrency you have to take risks and move forward with those risks. If you can't take risks, you won't succeed at anything. No matter how high the price of Bitcoin is, you can invest if you want to invest. Bitcoin is suitable to buy anytime so if you are more hesitant about the market then you can follow DCA method as DCA method is the most suitable method of investment. Bitcoin Market Will Have Volatility Bitcoin is so popular today because of volatility.
The best method to invest in crypto for a newbie is certainly the DCA method it gives us the benefit of investing as low as with $10. With time if we feel more comfortable then we can invest more but at start we must only invest with the money that we don't care to lose. It means if the money we are investing is for food and for bills then don't invest if it just lying in your bank account doing nothing then invest it in BTC but start with few dollars.
Loss and profit in BTC are quick due to volatility newbies might drive in or away from crypto after facing the volatility. If they made a profit first they will drive toward it otherwise loss can end up going away and they will call crypto gambling
Newbies will quickly panic and when they experience losses due to the volatility of the crypto market, they may be discouraged and leave crypto, but if they make a profit, they will persist and start learning about investing in crypto and maybe learn to trade.
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Newbies will quickly panic and when they experience losses due to the volatility of the crypto market, they may be discouraged and leave crypto, but if they make a profit, they will persist and start learning about investing in crypto and maybe learn to trade.
That's true; they will panic and will try to close the trade by saving whatever they have, but if they are not narrow-minded and adopt the volatility and try to understand the norms of how we must trade then one day they won't panic anymore even after seeing 80% lose and maybe full loss.
, Profit is a good motivation and it gives big motivations to all the people making efforts.
Learning is the main key to a successful journey. Proper knowledge of norms is necessary for making huge profits from trades and how to control our emotions after seeing big losses.
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Investing and trading is entirely your personal matter. You can trade if you like. Some Precautions If you cannot take precautions and create fear in yourself, you cannot trade or invest. To work and survive in cryptocurrency you have to take risks and move forward with those risks. If you can't take risks, you won't succeed at anything. No matter how high the price of Bitcoin is, you can invest if you want to invest. Bitcoin is suitable to buy anytime so if you are more hesitant about the market then you can follow DCA method as DCA method is the most suitable method of investment. Bitcoin Market Will Have Volatility Bitcoin is so popular today because of volatility.
The best method to invest in crypto for a newbie is certainly the DCA method it gives us the benefit of investing as low as with $10. With time if we feel more comfortable then we can invest more but at start we must only invest with the money that we don't care to lose. It means if the money we are investing is for food and for bills then don't invest if it just lying in your bank account doing nothing then invest it in BTC but start with few dollars.
Loss and profit in BTC are quick due to volatility newbies might drive in or away from crypto after facing the volatility. If they made a profit first they will drive toward it otherwise loss can end up going away and they will call crypto gambling
Newbies will quickly panic and when they experience losses due to the volatility of the crypto market, they may be discouraged and leave crypto, but if they make a profit, they will persist and start learning about investing in crypto and maybe learn to trade.
In many cases, we notice that due to the huge fluctuation in the value of the crypto coins, beginners quit easily especially when they sustain a loss. However, moments of loss can moment be a useful experience if the attitudes remain strong and analytical strategies used persistent. In those who manage to make money this is a signal to become more serious about investing in cryptos and trading. With this initial experience, we begin to learn why knowledge about risk and planning for the long term has to do with. It also assists in creating a mentality that in the cryptocurrency industry, earning and losses are as good as twins, and both are effective teaching tools.
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Newbies will quickly panic and when they experience losses due to the volatility of the crypto market, they may be discouraged and leave crypto, but if they make a profit, they will persist and start learning about investing in crypto and maybe learn to trade.
That's true; they will panic and will try to close the trade by saving whatever they have, but if they are not narrow-minded and adopt the volatility and try to understand the norms of how we must trade then one day they won't panic anymore even after seeing 80% lose and maybe full loss.
, Profit is a good motivation and it gives big motivations to all the people making efforts.
Learning is the main key to a successful journey. Proper knowledge of norms is necessary for making huge profits from trades and how to control our emotions after seeing big losses.
I agree with you that profits give people the motivation to put effort into what they are doing because once someone does not see any good results from what they are doing, they can choose to discontinue that because it is not okay to continue doing what you lose to. Even if it is crypto, you put a stop to it, to learn and have the proper knowledge of it before continuing. At least that will save a lot, from people being panicked each time their invested coins decline in price.
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Newbies will quickly panic and when they experience losses due to the volatility of the crypto market, they may be discouraged and leave crypto, but if they make a profit, they will persist and start learning about investing in crypto and maybe learn to trade.
That's true; they will panic and will try to close the trade by saving whatever they have, but if they are not narrow-minded and adopt the volatility and try to understand the norms of how we must trade then one day they won't panic anymore even after seeing 80% lose and maybe full loss.
, Profit is a good motivation and it gives big motivations to all the people making efforts.
Learning is the main key to a successful journey. Proper knowledge of norms is necessary for making huge profits from trades and how to control our emotions after seeing big losses.
I agree with you that profits give people the motivation to put effort into what they are doing because once someone does not see any good results from what they are doing, they can choose to discontinue that because it is not okay to continue doing what you lose to. Even if it is crypto, you put a stop to it, to learn and have the proper knowledge of it before continuing. At least that will save a lot, from people being panicked each time their invested coins decline in price.
We do realize that profit is actually the reason that gives us the capacitive for us to keep on striving in whatever that we do. But if the results are not very inspiring it is correct to learn and study more for better knowledge.
With this understanding, it means that investors can hold and trade in cryptos without stress when prices go down. This makes us happier and ready to confront variability in the market environment.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
I think I have read this topic before, but seriously, at that time I thought now would not be a good time, but whether the time is good or not depends on the time you are going to hold on to your holdings. For example, if you planned to hold BTC for a longer period then the time was right even now the time is right for the long term but I will not suggest you to buy now because the price is just too much now, and buying now for small trades is okay but for the long run you might have to wait for 4 years (for the next cycle) to make an exit.
The bull run is still ongoing and people are making profitable trades so whether this is a good time or not it depends on your expectations only.
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I don't understand the logic of what OP is asking or comprehending about the logic about having a business and not wanting to invest on it. I think that I should expound that much that whoever wants to start a business, they should be willing to invest. There could be some requirement on how much it will be but not all of them requires huge amount to start. And this is the same with Bitcoin, you're not required to start with a very huge amount for which is the wrong thinking of many that someone has to start big. No, it doesn't have to be like that and as you learn it, you can add when you're able and understand more of it.
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I agree with you that profits give people the motivation to put effort into what they are doing because once someone does not see any good results from what they are doing, they can choose to discontinue that because it is not okay to continue doing what you lose to. Even if it is crypto, you put a stop to it, to learn and have the proper knowledge of it before continuing. At least that will save a lot, from people being panicked each time their invested coins decline in price.
Mostly newbies put a stop to it not to learn but to leave it for all at once which is not good for the crypto too. These newbies when make unexpected profit from crypto they expect too much and think of it some rich scheme and when they make lose they leave it too. Newbies will some knowledge and crypto friend will continue their journey because they will be told its normal in crypto to loss big and profit big.
Those who stop to learn are less in number but they chose an excellent path. Profits are necessary so when a expert teaching newbies about trading and crypto they should make sure they make profits otherwise they lose hope and drew away from it.
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I agree with you that profits give people the motivation to put effort into what they are doing because once someone does not see any good results from what they are doing, they can choose to discontinue that because it is not okay to continue doing what you lose to. Even if it is crypto, you put a stop to it, to learn and have the proper knowledge of it before continuing. At least that will save a lot, from people being panicked each time their invested coins decline in price.
Mostly newbies put a stop to it not to learn but to leave it for all at once which is not good for the crypto too. These newbies when make unexpected profit from crypto they expect too much and think of it some rich scheme and when they make lose they leave it too. Newbies will some knowledge and crypto friend will continue their journey because they will be told its normal in crypto to loss big and profit big.
Those who stop to learn are less in number but they chose an excellent path. Profits are necessary so when a expert teaching newbies about trading and crypto they should make sure they make profits otherwise they lose hope and drew away from it.
You are right, newbies will experience trauma when they first invest and crypto or trade and experience defeat and loss, it will make them discouraged to invest again. There are newbies who still want to try to learn again and invest again but most of them leave crypto when they experience losses at the beginning. A newbie should still have the spirit to invest in order to continue learning to do that.
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If it's too expensive, then wait until you think it's cheap... I know the price of BTC tends to increase every year, so if you feel this price is very high, it doesn't necessarily mean that next year's price will be below the current price... you yourself should realize that there is nothing accurate in every prediction, so if you are afraid of buying too expensively for now, DCA is the solution...
Many have discussed DCA here, and its purpose is to avoid buying BTC at a price that is too expensive...
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If it's too expensive, then wait until you think it's cheap... I know the price of BTC tends to increase every year, so if you feel this price is very high, it doesn't necessarily mean that next year's price will be below the current price... you yourself should realize that there is nothing accurate in every prediction, so if you are afraid of buying too expensively for now, DCA is the solution...
Many have discussed DCA here, and its purpose is to avoid buying BTC at a price that is too expensive...
If you buy Bitcoin at this time even though the price is already high, we can still achieve profits next year. Because next year the possibility of Bitcoin prices will reach more than $ 100K.
The DCA method is the best method for gradually buying bitcoin because of our limited capital in investing. We can make the purchase every week and at this time there are still opportunities to do it.
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You are right, newbies will experience trauma when they first invest and crypto or trade and experience defeat and loss, it will make them discouraged to invest again. There are newbies who still want to try to learn again and invest again but most of them leave crypto when they experience losses at the beginning. A newbie should still have the spirit to invest in order to continue learning to do that.
Learning is not easy if I be too honest because if a newbie wants to learn trading there is no way he won't get scammed by any teacher or signal group who charge fee to give trade signals. Almost every newbie loses money to them.
Learning from YouTube is also not so easy they don't teach everything and every teacher on YouTube have different concepts about trading some follow basics and some hate basics. The best way is to learn all the indicators manually from investopedia etc.
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if you look at the current price I think there is a possibility to buy btc with the amount that goes into your funding, where the current price is still unstable and the bullrun has not arrived but keep monitoring the market because the market price is very unstable where the btc price can drop drastically from high back to 60k$ again
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Learning is not easy if I be too honest because if a newbie wants to learn trading there is no way he won't get scammed by any teacher or signal group who charge fee to give trade signals. Almost every newbie loses money to them.
i know some people who were able to find mentors and help from professionals so i guess you really should just be careful and choose what seems to be the best for you to be a successful beginner
Learning from YouTube is also not so easy they don't teach everything and every teacher on YouTube have different concepts about trading some follow basics and some hate basics. The best way is to learn all the indicators manually from investopedia etc.
we should maximize our resources and use all of it i still think that there’s at least some good knowledge from youtube still and it makes it simple and easy to understand but that’s only the basics so i suggest read books that are more complex and dives into more technical stuff of trading
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if you look at the current price I think there is a possibility to buy btc with the amount that goes into your funding, where the current price is still unstable and the bullrun has not arrived but keep monitoring the market because the market price is very unstable where the btc price can drop drastically from high back to 60k$ again
If the price of Bitcoin drops to $ 60k, of course I will buy Bitcoin and some potential Atcoin. But ahead of the announcement of the US presidential election the price of Bitcoin is rising again at this time. We had seen the price of Bitcoin again touching $ 70K again yesterday even though at this time kebali dropped to $ 69K. Very interesting to see the movement of Bitcoin prices in the market. I have prepared USD to buy when it really will occur correction if Kamala Harris is elected as US President
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If the price of Bitcoin drops to $ 60k, of course I will buy Bitcoin and some potential Atcoin. But ahead of the announcement of the US presidential election the price of Bitcoin is rising again at this time. We had seen the price of Bitcoin again touching $ 70K again yesterday even though at this time kebali dropped to $ 69K. Very interesting to see the movement of Bitcoin prices in the market. I have prepared USD to buy when it really will occur correction if Kamala Harris is elected as US President
The price seems to be very volatile when Harris is able to beat Trump or just catch up, but so far (it's midnight in the US), Trump still looks solidly in the lead with 214 votes. Bitcoin's ATH was also created thanks to the election competition in the United States this time... I think the final result of this election has a very extraordinary effect.
And I haven't prepared enough funds to buy BTC if Kamala Harris wins the election, so I'm still hoping for a Trump win because most of my assets are in BTC.
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If the price of Bitcoin drops to $ 60k, of course I will buy Bitcoin and some potential Atcoin. But ahead of the announcement of the US presidential election the price of Bitcoin is rising again at this time. We had seen the price of Bitcoin again touching $ 70K again yesterday even though at this time kebali dropped to $ 69K. Very interesting to see the movement of Bitcoin prices in the market. I have prepared USD to buy when it really will occur correction if Kamala Harris is elected as US President
The price seems to be very volatile when Harris is able to beat Trump or just catch up, but so far (it's midnight in the US), Trump still looks solidly in the lead with 214 votes. Bitcoin's ATH was also created thanks to the election competition in the United States this time... I think the final result of this election has a very extraordinary effect.
And I haven't prepared enough funds to buy BTC if Kamala Harris wins the election, so I'm still hoping for a Trump win because most of my assets are in BTC.
This is a strategy to take advantage of the US presidential election, if Trump wins we still get profit from bitcoin because currently the price of bitcoin has touched ATH. And if Kamala wins we can buy bitcoin at a cheaper price because there is a possibility of correction, so prepare USD to buy potential coins of your choice.
As a trader I am ready to do scalping.
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This is a strategy to take advantage of the US presidential election, if Trump wins we still get profit from bitcoin because currently the price of bitcoin has touched ATH. And if Kamala wins we can buy bitcoin at a cheaper price because there is a possibility of correction, so prepare USD to buy potential coins of your choice.
As a trader I am ready to do scalping.
Well, Using election momentum as a form of trading strategy may be a good idea but as we know the crypto market can be very volatile and does not always respond in a way that is expected. Being dependent on the elections turns out to be unadvantageous because the price of bitcoin, and other cryptos depends on factors that are way beyond elections in the United States of America.
Generally, having many possibilities to think about is better than having only having one situation in mind as a trader. In this manner, we are in a position that enable us to respond to flare up in the market that mean we are either going to gain more if the market goes in the predicted direction or cut our loses if the market goes in the opposite direction in future.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
You know my friend, that only Bitcoin will continue to increase in price, so you won't lose if you buy Bitcoin via DCA, you saw it yourself yesterday when Donald Trump was elected as US president, Bitcoin made a new ATH.
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i know some people who were able to find mentors and help from professionals so i guess you really should just be careful and choose what seems to be the best for you to be a successful beginner
Careful is a demotivational word for newbies because they have already tasted the profit and they have already set a mindset that without taking risks and caring more about risks like a smart person won't make them money in crypto so they follow the path that a dumb, quick and risk taker person would take. They won't have a second thought about joining some groups and following a mentor.
we should maximize our resources and use all of it i still think that there’s at least some good knowledge from youtube still and it makes it simple and easy to understand but that’s only the basics so i suggest read books that are more complex and dives into more technical stuff of trading
Such books are not easily available everywhere but online. Most don't read books on screens like me I don't like to read books on smartphones etc. Technical stuff is necessary to learn to make profitable trades.
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If the price of Bitcoin drops to $ 60k, of course I will buy Bitcoin and some potential Atcoin. But ahead of the announcement of the US presidential election the price of Bitcoin is rising again at this time. We had seen the price of Bitcoin again touching $ 70K again yesterday even though at this time kebali dropped to $ 69K. Very interesting to see the movement of Bitcoin prices in the market. I have prepared USD to buy when it really will occur correction if Kamala Harris is elected as US President
As Kamala Harris didn't later win the US election, would keep saving up your USD, or keep waiting for correction to still happen despite Trump's wins because it's all seems there won't correction to happen again as Bitcoin is showing a green candlelight that Bitcoin may be hitting $85k before the end of the year.
It will do you best if you invest in Bitcoin now, with your saved USD, since Kamala Harris didn't win the US election as you thought.
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BTC price is volatile, it is not stable, so before buying it you need to understand that your chances of making profit increases when you store it for the long term. BTC has set a new all time high now and the price is expected to continue rising, so it is not bad to buy BTC now, though better to have bought it earlier.
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You know my friend, that only Bitcoin will continue to increase in price, so you won't lose if you buy Bitcoin via DCA, you saw it yourself yesterday when Donald Trump was elected as US president, Bitcoin made a new ATH.
Bitcoin isn't the only coin that keep increasing its value. Top altcoins are also increasing their values, some of them even have created a new ATH as well. However, I agree that it is good to collect Bitcoin with DCA method. As long as we know the right time to buy and sell, we must take advantage of the strategy. We must be aware that DCA won't require big capital, so we can do it every time. Well, when Bitcoin hits a new ATH in bullrun season, we can take profits if it meets the target.
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Well, when Bitcoin hits a new ATH in bullrun season, we can take profits if it meets the target.
A lot of people are waiting for $100k during this cycle, that is the price they are waiting for, in order to take profits from their investment. I have not made such a decision, probably because i intend to sell only a small amount of my coins, i have no intention to sell all of it, i don't think it is a good investment decision to sell all of your bitcoins.
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Deciding whether or not to invest in Bitcoin depends on a number of personal factors, including your financial goals, risk tolerance and understanding of the cryptocurrency space. Do you want to hold Bitcoin as a long-term investment, trade it for short-term gains, or use it for transactions? Each approach carries different risks and strategies. Bitcoin is known for its volatility, whose price swings can be significant. If you are comfortable with this risk and potentially losing some of your investment, it may be worth exploring. But if you're risk-averse or need money to stay stable, Bitcoin may not align well with your comfort level. If you decide to buy or invest in Bitcoin, do it with a clear strategy and caution. And if you're unsure, it might be wise to start small or consult a financial advisor to see how Bitcoin fits into your broader financial picture.
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A lot of people are waiting for $100k during this cycle, that is the price they are waiting for, in order to take profits from their investment.
for sure many will plan on taking profit once bitcoin hits $100k even now actually some people may be taking profit already selling their coins we all have different goals so i don’t have any say in that but i always think that the best option is to sell only a bit and go back to buying
i don't think it is a good investment decision to sell all of your bitcoins.
like i said we all have different plans and not all of us bought bitcoin at the same price so maybe someone bought bitcoin even before it hit $1000 and now if they sell it at $100k who knows just how rich they are now?
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i don't think it is a good investment decision to sell all of your bitcoins.
Of course it is not. Because of the volatility and uncertainty of the market, there's a possibility that the price will continue to go up, and for every percentage of the increase, you will have a loss profit. its good to maintain a portion of your Bitcoin portfolio.
You just never know what's going to happen next, which is why HODLING is a virtue. If you are not too greedy and you are a thrifty person, HODL your Bitcoin and you will not regret it.
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i don't think it is a good investment decision to sell all of your bitcoins.
Of course it is not. Because of the volatility and uncertainty of the market, there's a possibility that the price will continue to go up, and for every percentage of the increase, you will have a loss profit. its good to maintain a portion of your Bitcoin portfolio.
You just never know what's going to happen next, which is why HODLING is a virtue. If you are not too greedy and you are a thrifty person, HODL your Bitcoin and you will not regret it.
holding is always the main choice in investing in crypto, I prefer bitcoin as the coin I hold. and some top altcoins such as BNB, SOL, ETH and XRP.
for medium term investment I can choose other coins such as TON, LINK, AD and DOT. but holding bitcoin is always the main choice.
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You know my friend, that only Bitcoin will continue to increase in price, so you won't lose if you buy Bitcoin via DCA, you saw it yourself yesterday when Donald Trump was elected as US president, Bitcoin made a new ATH.
Bitcoin isn't the only coin that keep increasing its value. Top altcoins are also increasing their values, some of them even have created a new ATH as well. However, I agree that it is good to collect Bitcoin with DCA method. As long as we know the right time to buy and sell, we must take advantage of the strategy. We must be aware that DCA won't require big capital, so we can do it every time. Well, when Bitcoin hits a new ATH in bullrun season, we can take profits if it meets the target.
Overall, there are attractive opportunities when investing in the crypto world, and we can take advantage of the strategies when the market is aligned. This is why DCA can be a great choice to minimise the risk of sharp price fluctuations, so that we can still slowly accumulate assets. But we have to continuously keep track of the market field and modify our strategy in case of major changes.
Additionally, knowing how asset value moves around and especially during the bullrun season, can help us keep our goals realistic. With proper planning, we can decide the time at which we can make the most of profits without being aggressive. It allows us to grasp the chances as they present themselves, while staying stable in our investment portfolio long term.
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There are many ups and downs in the Crypto market, so don't be too quick to believe whether you should trade or not. I talk about myself that I want to do business but the question comes in my mind that should I invest or not?? Bitcoin price is currently skyrocketing so is it worth buying??
From my point of view, BTC is an asset that doesn't likely need a time to purchase if an investor is willing to HODL it for a long term duration. Because on a long term, it must surely beat far above it's trending price at the present time of purchase or else on a reason of short term HODL or trading.
On the other hand, some investors also prefer buying the asset at the dip hoping for the bull season to come by and put some smiles on their faces.
Both ways to me are all good since this asset is a volatile one and also one HODL for a long term duration .
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I think there is a general consensus that it is already expensive to invest into Bitcoin as it is nearing the $100K zone and instead of saying that this is not a good mindset I would say that there is some validity to this concern. And it is because we are just ordinary small retail investors unlike those who got some millions on their accounts. A big investor that can earn just 10% ROI will already be rejoicing for the passive income while this may not be true to you and me. That is why for people who look at BTC as already too high, am sure it is time to also see how altcoins (at least the top ones if you are still conservative investor) can be on your side as there can be its season maybe next year and for those who are risk-takers then consider getting into memecoins...just make sure you are getting into a legitimate one and one that got some good potential to pick up. I think the common ground here is that we are looking for potential profits and as high as possible without exposing to big risks. Good luck to all!
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i don't think it is a good investment decision to sell all of your bitcoins.
Of course it is not. Because of the volatility and uncertainty of the market, there's a possibility that the price will continue to go up, and for every percentage of the increase, you will have a loss profit. its good to maintain a portion of your Bitcoin portfolio.
You just never know what's going to happen next, which is why HODLING is a virtue. If you are not too greedy and you are a thrifty person, HODL your Bitcoin and you will not regret it.
With Bitcoin, you need patience and caution in managing your assets. Sometimes market volatility might deter us, but having a few assets in our portfolio gives us the flexibility to be able to kick into gear and get prepared to take advantage of possible opportunities down the road. Reserves keep us on the safe side of potential upside and allow us to not be as stressed by rapid price changes.
This attitude also makes us not to make hasty decisions particularly where there’s a lot of speculation. We can keep the stability of our assets because they’re not flying high on the risk of occasional misleading fluctuations. This increases our sense of calm, because our choices are not dependent solely on hoping, but also by planned preparation for the long term.
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i don't think it is a good investment decision to sell all of your bitcoins.
Of course it is not. Because of the volatility and uncertainty of the market, there's a possibility that the price will continue to go up, and for every percentage of the increase, you will have a loss profit. its good to maintain a portion of your Bitcoin portfolio.
You just never know what's going to happen next, which is why HODLING is a virtue. If you are not too greedy and you are a thrifty person, HODL your Bitcoin and you will not regret it.
It is only possible to do this with patience and caution. The words you have spoken are lovely. It is essential to follow these words for Bitcoin. If you want to do something in Bitcoin, you must be patient. If you are not patient, it will be foolish to expect anything from Bitcoin. Only those who have patience and long-term plans can do this with Bitcoin.
Many people make many predictions about what will happen in Bitcoin in the future, but it is impossible to say how the Bitcoin market will go, so you should always think long-term about Bitcoin. There is no point in being depressed about it because if you invest in Bitcoin, you will not get anything like this from here, making you regret it. You have to be patient and continue to invest. If you can proceed cautiously, doing something good with Bitcoin is possible.
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i don't think it is a good investment decision to sell all of your bitcoins.
Of course it is not. Because of the volatility and uncertainty of the market, there's a possibility that the price will continue to go up, and for every percentage of the increase, you will have a loss profit. its good to maintain a portion of your Bitcoin portfolio.
You just never know what's going to happen next, which is why HODLING is a virtue. If you are not too greedy and you are a thrifty person, HODL your Bitcoin and you will not regret it.
It is only possible to do this with patience and caution. The words you have spoken are lovely. It is essential to follow these words for Bitcoin. If you want to do something in Bitcoin, you must be patient. If you are not patient, it will be foolish to expect anything from Bitcoin. Only those who have patience and long-term plans can do this with Bitcoin.
Many people make many predictions about what will happen in Bitcoin in the future, but it is impossible to say how the Bitcoin market will go, so you should always think long-term about Bitcoin. There is no point in being depressed about it because if you invest in Bitcoin, you will not get anything like this from here, making you regret it. You have to be patient and continue to invest. If you can proceed cautiously, doing something good with Bitcoin is possible.
Bitcoin is the king of crypto currency and its movement is always followed by other crypto coins. Actually bitcoin is a safe coin for investment so we buy during the bearish season and hold it will certainly get profit from our investment.
The caution needed in bitcoin is to buy during the bearish season and hold it until the bullish season because bitcoin is very good for long-term investment.
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The caution needed in bitcoin is to buy during the bearish season and hold it until the bullish season because bitcoin is very good for long-term investment.
the thing is many people are afraid of seeing their money go down or not grow which admittedly i can understand but if you truly believe in bitcoin you won’t be too worried about it if you are too anxious i would recommend just closing your eyes and never looking at the price until it is the bull run again and its time to take profit