Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: pmbug on March 06, 2025, 03:06:43 PM
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On the heels of Trump's posts on TruthSocial:
And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be the heart of the Reserve. I also love Bitcoin and Ethereum!A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!
https://truthsocial.com/@realDonaldTrump/posts/114093946326587357
Some clarity on the crypto reserve plans will apparently be forthcoming tomorrow:...
Speaking to Ksenija Pavlovic McAteer of The Pavlovic Today ahead of the first-ever White House crypto summit on Friday, Lutnik said Trump—who has increasingly aligned himself with the digital asset industry—will outline his vision for Bitcoin and broader cryptocurrency regulation.
“The President definitely thinks that there’s a Bitcoin strategic reserve,” Secretary Lutnick told The Pavlovic Today on Tuesday evening. “Now, there will be the question of, how do we handle the other cryptocurrencies? And I think the model is going to be announced on Friday when we do that.”
Lutnick suggested Bitcoin would receive unique status under Trump’s plans.
“A Bitcoin strategic reserve is something the President’s interested in. He spoke about it all during the campaign trail, and I think you’re going to see it executed on Friday,” Lutnick said.
“So Bitcoin is one thing, and then the other currencies, the other crypto tokens, I think, will be treated differently—positively, but differently,” he added.
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More:
https://thepavlovictoday.com/howard-lutnick-reveals-trump-to-unveil-bitcoin-reserve-strategy-at-white-house-crypto-summit/
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- Find out if there will be good news about things, And at this time I think it's good to take a buy on Ada, Sol, And Xrp for short-term, I feel like these
three can rise a few percent until tomorrow.
Then when I see that the profit is good, I will exit immediately, If it continues, it's fine and at least there is a profit somehow.
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Since other crypto tokens are going to be considered differently, then I could only say this might not help altcoins to have a bullish market. They only mean to pick which altcoins are going to sky rocket. So if you are holding a token that isn't on their list, I guess its time to abandon them.
Do you guys think there will be a pump tomorrow because of this summit?
Trump is getting this market excited but also making investors frown so be ready to sell the news,
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From the period of when the US election was closed up until after the election was over and trump was inaugurated they have been a lot of events on the crypto space generally and most of them seem to be coined by news and occurrencies related to the US or Trump.
The question is how much effects will this particular event hold...? This is because most of the time this event creates a decent amount of FOMO in the ecosystem causing price to move drastically in either direction.
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I almost forgot about this summit and it is tomorrow which is a good news for the holders and traders because if Trump will be joining and giving speech then the market will pump again and this time maybe it will create another ATH because if he announe something about reserves of BTC and other alts all of them will pump.
Unfortunately I don't have any of the alts he mentioned but I hope soon he will list more but I doubt he will add more because it will be a bad decision, although diversification is good but still a bad decisions because to give it more hype he should give BTC the chance then other alts.
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Since other crypto tokens are going to be considered differently, then I could only say this might not help altcoins to have a bullish market. They only mean to pick which altcoins are going to sky rocket. So if you are holding a token that isn't on their list, I guess its time to abandon them.
Do you guys think there will be a pump tomorrow because of this summit?
Trump is getting this market excited but also making investors frown so be ready to sell the news,
You are right. Anyone holding coins that are not in the US cryptocurrency reserve list, you are only wasting your time and can run at loss in the long run. I think is time for me to watch out for the prices of these coins and see how they will perform in the market. Who knows if the crypto summit will make the price of bitcoin and others to pump tomorrow.
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We are all hoping that this Crypto Summit as initiated by POTUS Trump can create something of a momentum for the cryptocurrency industry pushing prices of the five digital assets mentioned by the announcement but we know that this can just be a temporary positive blip which investors and traders, of course, can take advantage of for some fast and instant profits. Still, many in the industry are quite thankful that this administration is not just paying lip service to a promise made in the campaign. While Trump and what he is doing can be a big force for the cryptocurrency industry, we know for sure that this will not be sustainable and right now the question on when the altseason will happen remains hanging and seems to me that no amount of good news can make it a reality, that is for now.
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There is a decent chance that Trump's team includes SUI in whatever scheme they are planning for the alt coins:
https://www.altcoinstalks.com/index.php?topic=325847.msg1727171#msg1727171
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It's a big change that the US government is promoting a crypto event to debate the future of coins in the country
Since the main announcement has already been made, I'm looking forward to seeing if something new comes up that we're not expecting today.
Maybe something will come up about the states and their reserves, or how new coins can be added to the reserves
Or even the clarity of regulation
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It's like 2-3 hours from now, we will learn all about this crypto summit.
But from the looks of it and as what others might have speculated, it's all about the US strategic reserve. All people invited are prominent crypto figure so hopefully after this meeting, it will have a positive impact on the price.
Bitcoin has been fluctuating from $88k-$90k so far.
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- Find out if there will be good news about things, And at this time I think it's good to take a buy on Ada, Sol, And Xrp for short-term, I feel like these
three can rise a few percent until tomorrow.
I don't think buying with the green wave is a good idea as most people will think about it and the bulls will think the opposite which is selling. If you have any of these tokens then selling 50% of them is not a bad idea.
It's like 2-3 hours from now, we will learn all about this crypto summit.
Hopefully it will be something good but Trump's tweet has pre-empted a lot of discussion, it would have been good if it had happened after crypto summit.
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We are really waiting for this event, Trump's Crypto Summit. and actually, we really hope that it will have a very good impact on the crypto market. At least, can the market be really bullish again this month and go back up to $100k because this is one of them?
hmm, it's not easy to do it. especially since the market condition is still quite dropping and crashing as usual. However, since the information about the summit began to be echoed, the market condition has improved and turned green, in most coins. look at the charts on CMC, how green.
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It's a big change that the US government is promoting a crypto event to debate the future of coins in the country
Since the main announcement has already been made, I'm looking forward to seeing if something new comes up that we're not expecting today.
Trump initiates US government to be more friendly to crypto industry. They provide a crypto event, start to make crypto reserves, and probably explore more the chance to get bigger advantages from crypto. Sure, there will be more good news from US if Trump keeps his promises. This crypto summit can be a beginning of another amazing news from US.
Maybe something will come up about the states and their reserves, or how new coins can be added to the reserves
Or even the clarity of regulation
Just wait for the next updates! I'm also curious with this. It will be a big surprise if US government announces they will make Bitcoin as a legal tender besides they hold Bitcoin as one of crypto reserves. :D
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Since other crypto tokens are going to be considered differently, then I could only say this might not help altcoins to have a bullish market. They only mean to pick which altcoins are going to sky rocket. So if you are holding a token that isn't on their list, I guess its time to abandon them.
Do you guys think there will be a pump tomorrow because of this summit?
Trump is getting this market excited but also making investors frown so be ready to sell the news,
These crypto assets selected, actually will get short term market gains but may not be better than others altcoins like Ether, BNB, Trx, and others solid projects on the crypto market.
I am sure that other altcoins that are not selected will compete with these selected tokens, and it is not a good idea to abandon certain other altcoins because they are not selected. It is obvious that there are other altcoins project that will pump at the right time, especially during the altcoins season
Lastly, Donald Trump is doing great job, fulfilling his elections promises is an honor in my opinion.
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Just wait for the next updates! I'm also curious with this. It will be a big surprise if US government announces they will make Bitcoin as a legal tender besides they hold Bitcoin as one of crypto reserves. :D
Now that would be ultra mega bulish and in a few minutes would make the price go through the roof
You're very optimistic hahaha ;D ;D ;D
I foresee some more modest things, as I mentioned, clarity in regulation could be excellent for the crypto industry in the United States, which is already improving with the drop in SEC lawsuits
In 2 hours it starts
Let's see how the price reacts, I think some whales are preparing their shorts and longs to try and make some money
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- Find out if there will be good news about things, And at this time I think it's good to take a buy on Ada, Sol, And Xrp for short-term, I feel like these
three can rise a few percent until tomorrow.
Then when I see that the profit is good, I will exit immediately, If it continues, it's fine and at least there is a profit somehow.
Well it was too late to buy the news, so I don't think we should be buying these tokens for short term because there can be a correction coming in them and it can lose us if we buy them now, but if we consider them for long term then yeah we can at least make some good profit.
The summit was today and there was no bullish movement in the market too while I expect there will be but buying these tokens for short term does not worth it.
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There is a decent chance that Trump's team includes SUI in whatever scheme they are planning for the alt coins:
https://www.altcoinstalks.com/index.php?topic=325847.msg1727171#msg1727171
Are you shilling for SUI?
Regardless, I sincerely wish Trump would give up on Bitcoin and focus all his power on the SUI.
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- Find out if there will be good news about things, And at this time I think it's good to take a buy on Ada, Sol, And Xrp for short-term, I feel like these
three can rise a few percent until tomorrow.
Then when I see that the profit is good, I will exit immediately, If it continues, it's fine and at least there is a profit somehow.
Well it was too late to buy the news, so I don't think we should be buying these tokens for short term because there can be a correction coming in them and it can lose us if we buy them now, but if we consider them for long term then yeah we can at least make some good profit.
The summit was today and there was no bullish movement in the market too while I expect there will be but buying these tokens for short term does not worth it.
It does require good analysis to be able to make decisions at this time, I am still waiting and have not made a decision because I see that the price of bitcoin seems to be struggling, even though there is a discussion there.
I plan to hold for the short term, so I do not intend to buy if there is a risk of going down again.
I will buy altcoin for now
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Are you shilling for SUI? ...
No? I'm sharing news that is potentially related to the topic.
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Just wait for the next updates! I'm also curious with this. It will be a big surprise if US government announces they will make Bitcoin as a legal tender besides they hold Bitcoin as one of crypto reserves. :D
Now that would be ultra mega bulish and in a few minutes would make the price go through the roof
You're very optimistic hahaha ;D ;D ;D
I foresee some more modest things, as I mentioned, clarity in regulation could be excellent for the crypto industry in the United States, which is already improving with the drop in SEC lawsuits
In 2 hours it starts
Let's see how the price reacts, I think some whales are preparing their shorts and longs to try and make some money
Nah, nothing happens, there's no such spectacular news about Bitcoin being a US reserve. And for sure most of us is disappointed of the outcome of this summit.
It's not really clear, they said that they won't used taxpayers money to buy, on the other hand, they will just continue to hold on the crypto that they hand, those seized from before and that will constitute as their reserves, Lol.
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I think the Trump administration pretty much did everything that they possibly could unilaterally. They need Congress to pass laws to do much more (enact capital gains tax exceptions, allow for buying of assets with taxpayer funds, etc.).
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I see big moves by Trump and the new US government towards Bitcoin and the higher valued Altcoin, of course this is good for the market in general but unfortunately what I see so far is only a decline.
I don't know why the market has not recovered after all this news that is supposed to be positive and have a big impact on the market, but despite that we still have plenty of time to see the big green candles.
What worries me is the thought that the US is trying to control the market in general through these decisions that make America the hub of Bitcoin and cryptocurrencies.
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- Find out if there will be good news about things, And at this time I think it's good to take a buy on Ada, Sol, And Xrp for short-term, I feel like these
three can rise a few percent until tomorrow.
Then when I see that the profit is good, I will exit immediately, If it continues, it's fine and at least there is a profit somehow.
The meeting has come and gone and there haven't been any changes in the market. I believe it has to do with a strong will from the community that crypto is not going to get manipulated any time soonest till the end and I believe Trump and his team has gotten the signals and to be frank the gift tune just wait to go .
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- Find out if there will be good news about things, And at this time I think it's good to take a buy on Ada, Sol, And Xrp for short-term, I feel like these
three can rise a few percent until tomorrow.
Then when I see that the profit is good, I will exit immediately, If it continues, it's fine and at least there is a profit somehow.
The meeting has come and gone and there haven't been any changes in the market. I believe it has to do with a strong will from the community that crypto is not going to get manipulated any time soonest till the end and I believe Trump and his team has gotten the signals and to be frank the gift tune just wait to go .
Have disappointed result with crypto summit at White House after US government not invest more in bitcoin and depend on their current bitcoin assets only. I think its huge impact why market keep stable and not any progress yet after crypto summit meeting due many top influence of crypto there.
Maybe waiting another bigger decision from US president Donald Trump to make crypto more popular and have huge impact for market going up to higher price due how stable price of bitcoin almost last several weeks ago.
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- Find out if there will be good news about things, And at this time I think it's good to take a buy on Ada, Sol, And Xrp for short-term, I feel like these
three can rise a few percent until tomorrow.
Then when I see that the profit is good, I will exit immediately, If it continues, it's fine and at least there is a profit somehow.
The meeting has come and gone and there haven't been any changes in the market. I believe it has to do with a strong will from the community that crypto is not going to get manipulated any time soonest till the end and I believe Trump and his team has gotten the signals and to be frank the gift tune just wait to go .
Have disappointed result with crypto summit at White House after US government not invest more in bitcoin and depend on their current bitcoin assets only. I think its huge impact why market keep stable and not any progress yet after crypto summit meeting due many top influence of crypto there.
Maybe waiting another bigger decision from US president Donald Trump to make crypto more popular and have huge impact for market going up to higher price due how stable price of bitcoin almost last several weeks ago.
Well, bitcoin does not need the US government for its publicity anymore. Over the years, bitcoin gained traction without their help and is doing perfectly well. If I would say, their interference is even causing this whole drop back in price and bear market ever since Trump made the last speech that spurred the hype to its pump in price.
Do not wait for them to make another statement. do your trading and wait for a natural and sustainable growth in the price of bitcoin after all, all these years of its existence, it has appreciated from the list price to where it is currently so why can it not do better without the US government. I will boldly tell you that Bitcoin is better off without the US government.
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And it turns out that the price is not that big. Even today the market is dropping even more, it seems like it will go below $80k again. Is it true that BTC might fall to $77k first? Then, it will be assessed whether Bitcoin will really survive or fall even further. The crypto market is very bad, but just chill and enjoy the market, be happy for short-term traders who do have good capital, the pump and dump market is very pronounced.
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And it turns out that the price is not that big. Even today the market is dropping even more, it seems like it will go below $80k again. Is it true that BTC might fall to $77k first? Then, it will be assessed whether Bitcoin will really survive or fall even further. The crypto market is very bad, but just chill and enjoy the market, be happy for short-term traders who do have good capital, the pump and dump market is very pronounced.
It finally touched below $78k and still hovering around that figure currently. I believe many people never envisaged this and they never thought of it coming or happening but this is the reality, this is crypto and that is how it works for cryptocurrency. Crypto is not for the faint-hearted I tell my friends, it is either you hit it or it hits you hard.
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From the period of when the US election was closed up until after the election was over and trump was inaugurated they have been a lot of events on the crypto space generally and most of them seem to be coined by news and occurrencies related to the US or Trump.
The question is how much effects will this particular event hold...? This is because most of the time this event creates a decent amount of FOMO in the ecosystem causing price to move drastically in either direction.
As long as Donald Trump continues until the end of his regime, there will definitely be FOMO at intervals, most of the time the price of bitcoin will go either ways. I think the effect of Donald Trump will still play out despite the current market downtrends movements.
In addition, there could be more events, like speculations, positive news that can increase demands during this regime, hopefully, an altcoins season is what many people are anticipating, probably in this year.
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From the period of when the US election was closed up until after the election was over and trump was inaugurated they have been a lot of events on the crypto space generally and most of them seem to be coined by news and occurrencies related to the US or Trump.
The question is how much effects will this particular event hold...? This is because most of the time this event creates a decent amount of FOMO in the ecosystem causing price to move drastically in either direction.
As long as Donald Trump continues until the end of his regime, there will definitely be FOMO at intervals, most of the time the price of bitcoin will go either ways. I think the effect of Donald Trump will still play out despite the current market downtrends movements.
In addition, there could be more events, like speculations, positive news that can increase demands during this regime, hopefully, an altcoins season is what many people are anticipating, probably in this year.
It's FOMO there, and then tariff war there - and we go in circles between these two states of uncertainty and bullishness.
Investors do the same, and they can't decide when to pour the liquidity back in.
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It's FOMO there, and then tariff war there - and we go in circles between these two states of uncertainty and bullishness.
Investors do the same, and they can't decide when to pour the liquidity back in.
All markets are moved by liquidity no matter how big or small it is. Aside from the following by the market is built on liquidity itself there will be problems of crazy volatility levels if those liquidity is tied to a small circle of investors. However for the case of Bitcoin that is not the scenario.
The thing is big investors have the ability to create FOMO but that doesn't necessarily mean that is they alone can pioneer a huge movement. It is the combined force of the liquidity of this big firms in that of scared investors that move the market the most.
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All markets are moved by liquidity no matter how big or small it is. Aside from the following by the market is built on liquidity itself there will be problems of crazy volatility levels if those liquidity is tied to a small circle of investors. However for the case of Bitcoin that is not the scenario.
The thing is big investors have the ability to create FOMO but that doesn't necessarily mean that is they alone can pioneer a huge movement. It is the combined force of the liquidity of this big firms in that of scared investors that move the market the most.
As we can see, some can create FUD too, though not directly targeted at crypto market, it affects it too ::)
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As we can see, some can create FUD too, though not directly targeted at crypto market, it affects it too ::)
It's all based on simple economics concept. Many things affect the crypto ecosystem as long as it affects the general world market it will affect the price movements of different crypto currencies in one way or the other. This means it will either create an uptrend , downtrend or in some cases create a consolidation.
Don't forget that most of these currencies are pegged to fiat especially in trading environments so trading them affects it too.
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As we can see, some can create FUD too, though not directly targeted at crypto market, it affects it too ::)
It's all based on simple economics concept. Many things affect the crypto ecosystem as long as it affects the general world market it will affect the price movements of different crypto currencies in one way or the other. This means it will either create an uptrend , downtrend or in some cases create a consolidation.
Don't forget that most of these currencies are pegged to fiat especially in trading environments so trading them affects it too.
I've noticed how crypto prices seem to bounce around because of stuff happening all over the world, like big market news or how people are feeling about investing. Sometimes, all that fear and doubt, what people call FUD, makes prices dip quick and I'll admit, it freaks me out a little when it happens. But when I zoom out, I see the real direction comes from how many people start using crypto and the solid stuff behind it, like its basics holding up. Since a lot of these coins are tied to regular money. I've learned that when the economy shakes, my crypto stash feels it too. It's like getting a clearer map to decide when to jump in or hold tight.
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It's all based on simple economics concept. Many things affect the crypto ecosystem as long as it affects the general world market it will affect the price movements of different crypto currencies in one way or the other. This means it will either create an uptrend , downtrend or in some cases create a consolidation.
Don't forget that most of these currencies are pegged to fiat especially in trading environments so trading them affects it too.
Yeah, many things affect the current situation, but mostly - when it hits the trade and overall situation and confidence of the investors.
Once these points are struck, prepare for trouble.
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I've noticed how crypto prices seem to bounce around because of stuff happening all over the world, like big market news or how people are feeling about investing. Sometimes, all that fear and doubt, what people call FUD, makes prices dip quick and I'll admit, it freaks me out a little when it happens.
I think you are not getting quite the whole gist. Basically this cryptocurrencies are tied to fiat or a stable currency like usdt in most trading environments. The problem isn't actually these fundamentals I think one of the major problems we have is the FOMO in the market.
Yes these fundamentals create the stir up in the crypto space but most times they are not the only cause. The FOMO created most times add up to the momentum that's why the moves are massive most times.
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From the period of when the US election was closed up until after the election was over and trump was inaugurated they have been a lot of events on the crypto space generally and most of them seem to be coined by news and occurrencies related to the US or Trump.
The question is how much effects will this particular event hold...? This is because most of the time this event creates a decent amount of FOMO in the ecosystem causing price to move drastically in either direction.
As long as Donald Trump continues until the end of his regime, there will definitely be FOMO at intervals, most of the time the price of bitcoin will go either ways. I think the effect of Donald Trump will still play out despite the current market downtrends movements.
In addition, there could be more events, like speculations, positive news that can increase demands during this regime, hopefully, an altcoins season is what many people are anticipating, probably in this year.
It is true that what you said could happen, especially since we know that DT has indeed given instructions for their crypto reserves. All policies carried out by DT are the impact of all market movements, although maybe now it is the opposite and the trend are actually down because everything has an impact, and it is natural to happen, and it is not impossible that one day this will be reversed to be better, all depending on the next DT policy.
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It is true that what you said could happen, especially since we know that DT has indeed given instructions for their crypto reserves. All policies carried out by DT are the impact of all market movements.
I think it's basically not a new thing that the US is actually implementing bitcoin results basically because of pumps in the future they are speculating. Nevertheless my best guess is I hope that the reserves aren't actually used to manipulate price like some other big firms do sometimes.
The thing about the do called trump effect is more of a manipulation thing. I believe a lot of people in the crypto ecosystem are pissed at how often prices shift to either the upside or downside.
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Since other crypto tokens are going to be considered differently, then I could only say this might not help altcoins to have a bullish market. They only mean to pick which altcoins are going to sky rocket. So if you are holding a token that isn't on their list, I guess its time to abandon them.
I disagree with your thoughts that they only selected altcoins for the US reserve will be the ones to give many profits in this bull run; others that weren't selected won't give as much profit as anticipated.
That's all lies The crypto market doesn't work like that. The US-selected coins don't dictate the fate of other altcoins in the upcoming bull run because most altcoins will soar as Bitcoin controls the market price movement. If Bitcoin increases or decreases, the majority of altcoins will do the same, following the movement of Bitcoin price.
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I disagree with your thoughts that they only selected altcoins for the US reserve will be the ones to give many profits in this bull run; others that weren't selected won't give as much profit as anticipated.
Wow this actually seems interesting . A couple of weeks ago I can still vividly remember some discussions where they made mention of the US speculating the addition of a couple of other crypto currencies to the bitcoin reserves but I thought they never did add them to the reserves or did they?
Anyways altoins are really volatile and based on their market cap don't you also think that reserves would definitely affect prices obviously?
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I disagree with your thoughts that they only selected altcoins for the US reserve will be the ones to give many profits in this bull run; others that weren't selected won't give as much profit as anticipated.
Wow this actually seems interesting . A couple of weeks ago I can still vividly remember some discussions where they made mention of the US speculating the addition of a couple of other crypto currencies to the bitcoin reserves but I thought they never did add them to the reserves or did they?
Anyways altoins are really volatile and based on their market cap don't you also think that reserves would definitely affect prices obviously?
I think the speculation by the US to add some potential altcoins to their reserve could be very good news, but it could also have another impact if they don't intervene, if there is going to be a deep correction. There are always two sides to the decision they make, and we are just waiting for the news whether this will bring something positive or not.
Anyway, as a superpower, it will always be awaited whether their actions will provide negative or positive sides.
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I think the speculation by the US to add some potential altcoins to their reserve could be very good news, but it could also have another impact if they don't intervene, if there is going to be a deep correction. There are always two sides to the decision they make, and we are just waiting for the news whether this will bring something positive or not.
Anyway, as a superpower, it will always be awaited whether their actions will provide negative or positive sides.
Yes they are super power but I don't believe their decision holds any water anymore as they have been joking with the crypto community long enough. The community tends not to react to what ever decision or news that comes from them anymore as we can see from the last Crypto summit held at white house. The Crypto community and market didn't react to it and that should send some signals to them.
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Yes they are super power but I don't believe their decision holds any water anymore as they have been joking with the crypto community long enough. The community tends not to react to what ever decision or news that comes from them anymore as we can see from the last Crypto summit held at white house.
Well although it may sound like it, the thing is we still have a lot of scared investors In the Market out there and basically that is a clear indication that FOMO is still a problem to be concerned about that will still have a huge effect on how volatile the market will adjust.
The US is a strong country and they have a big economy too and regarding liquidity effects on the market, they will definitely have an effect wether we like it or not.
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Yes they are super power but I don't believe their decision holds any water anymore as they have been joking with the crypto community long enough. The community tends not to react to what ever decision or news that comes from them anymore as we can see from the last Crypto summit held at white house.
Well although it may sound like it, the thing is we still have a lot of scared investors In the Market out there and basically that is a clear indication that FOMO is still a problem to be concerned about that will still have a huge effect on how volatile the market will adjust.
The US is a strong country and they have a big economy too and regarding liquidity effects on the market, they will definitely have an effect wether we like it or not.
It's not that they are scared, it's that what has been announced was not what we are expecting or wanting to hear that's why the crypto summit at least for me was a failure.
And since then, there was no movement in the price as we are still trading sideways 2 weeks after that summit. Although there is some announcement again from Trump, it didn't have any effect on the market.
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Yes they are super power but I don't believe their decision holds any water anymore as they have been joking with the crypto community long enough. The community tends not to react to what ever decision or news that comes from them anymore as we can see from the last Crypto summit held at white house.
Well although it may sound like it, the thing is we still have a lot of scared investors In the Market out there and basically that is a clear indication that FOMO is still a problem to be concerned about that will still have a huge effect on how volatile the market will adjust.
The US is a strong country and they have a big economy too and regarding liquidity effects on the market, they will definitely have an effect wether we like it or not.
It's not that they are scared, it's that what has been announced was not what we are expecting or wanting to hear that's why the crypto summit at least for me was a failure.
And since then, there was no movement in the price as we are still trading sideways 2 weeks after that summit. Although there is some announcement again from Trump, it didn't have any effect on the market.
Obviously, the community was expecting some positive outcome much more than the previous to spike up the Crypto market but were greeted with less than they expected and that seems like a joke and it was never a positive response from both sides. I believe that made the market seems like nothing happened with the price of Bitcoin trading tow sideways.
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Yes they are super power but I don't believe their decision holds any water anymore as they have been joking with the crypto community long enough. The community tends not to react to what ever decision or news that comes from them anymore as we can see from the last Crypto summit held at white house.
Well although it may sound like it, the thing is we still have a lot of scared investors In the Market out there and basically that is a clear indication that FOMO is still a problem to be concerned about that will still have a huge effect on how volatile the market will adjust.
The US is a strong country and they have a big economy too and regarding liquidity effects on the market, they will definitely have an effect wether we like it or not.
It's not that they are scared, it's that what has been announced was not what we are expecting or wanting to hear that's why the crypto summit at least for me was a failure.
And since then, there was no movement in the price as we are still trading sideways 2 weeks after that summit. Although there is some announcement again from Trump, it didn't have any effect on the market.
Obviously, the community was expecting some positive outcome much more than the previous to spike up the Crypto market but were greeted with less than they expected and that seems like a joke and it was never a positive response from both sides. I believe that made the market seems like nothing happened with the price of Bitcoin trading tow sideways.
Probably it's a good thing though, if the market is going to trade sideways then we should take advantage of it and continue to accumulate. Regardless of the news, I think we are still in the bull run, so with that, the price is going to peak in the last quarter of the year, it's just how big the price will be.
Currently though we have some sort of a rally to $88k-$89k, but the biggest barrier to break at the end of the month is $90k, with or without the Bitcoin reserve news.
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Yes they are super power but I don't believe their decision holds any water anymore as they have been joking with the crypto community long enough. The community tends not to react to what ever decision or news that comes from them anymore as we can see from the last Crypto summit held at white house.
Well although it may sound like it, the thing is we still have a lot of scared investors In the Market out there and basically that is a clear indication that FOMO is still a problem to be concerned about that will still have a huge effect on how volatile the market will adjust.
The US is a strong country and they have a big economy too and regarding liquidity effects on the market, they will definitely have an effect wether we like it or not.
It's not that they are scared, it's that what has been announced was not what we are expecting or wanting to hear that's why the crypto summit at least for me was a failure.
And since then, there was no movement in the price as we are still trading sideways 2 weeks after that summit. Although there is some announcement again from Trump, it didn't have any effect on the market.
Obviously, the community was expecting some positive outcome much more than the previous to spike up the Crypto market but were greeted with less than they expected and that seems like a joke and it was never a positive response from both sides. I believe that made the market seems like nothing happened with the price of Bitcoin trading tow sideways.
Probably it's a good thing though, if the market is going to trade sideways then we should take advantage of it and continue to accumulate. Regardless of the news, I think we are still in the bull run, so with that, the price is going to peak in the last quarter of the year, it's just how big the price will be.
Currently though we have some sort of a rally to $88k-$89k, but the biggest barrier to break at the end of the month is $90k, with or without the Bitcoin reserve news.
Yes, you are right. Smart investors could take advantage of this opportunity as it is now and make sure they bag more because this might be the last opportunity for them this season.
For quite some time now, the price has been rallying between that amount you have mentioned and trying to break beyond $90K, but the resistance is extreme. However, I believe it would break through within a short period of time counting from now.
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Yes, you are right. Smart investors could take advantage of this opportunity as it is now and make sure they bag more because this might be the last opportunity for them this season.
For quite some time now, the price has been rallying between that amount you have mentioned and trying to break beyond $90K, but the resistance is extreme. However, I believe it would break through within a short period of time counting from now.
I also have confidence that the price of bitcoin will rise again, although many are hoping for good policies and news from the Trump administration. However, during a bullish season like this, the market will play its role and we don't need to worry about the price of bitcoin touching its ATH again.
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Yes, you are right. Smart investors could take advantage of this opportunity as it is now and make sure they bag more because this might be the last opportunity for them this season.
For quite some time now, the price has been rallying between that amount you have mentioned and trying to break beyond $90K, but the resistance is extreme. However, I believe it would break through within a short period of time counting from now.
As it is right now, it seems to me that there is a still some strength, which is looking for its way. Anytime the price gets high and is resisting to move even more high is actually showing that there is a force that is checking it’s authority. If this is the case, then there will be no doubt that the price will breach what is currently restraining it in the forthcoming months. This is not the first time that this has occurred and in such instances, if you are first in line then the results will be the greatest. The trends in the market always open the eye of people in a way they cannot explain; those who are always able to identify these opportunities tend to be rewarded most. Such situations are rather rare and the gainers may happen to be those people who can act in a rather confident manner.
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Yes they are super power but I don't believe their decision holds any water anymore as they have been joking with the crypto community long enough. The community tends not to react to what ever decision or news that comes from them anymore as we can see from the last Crypto summit held at white house.
Well although it may sound like it, the thing is we still have a lot of scared investors In the Market out there and basically that is a clear indication that FOMO is still a problem to be concerned about that will still have a huge effect on how volatile the market will adjust.
The US is a strong country and they have a big economy too and regarding liquidity effects on the market, they will definitely have an effect wether we like it or not.
It's not that they are scared, it's that what has been announced was not what we are expecting or wanting to hear that's why the crypto summit at least for me was a failure.
And since then, there was no movement in the price as we are still trading sideways 2 weeks after that summit. Although there is some announcement again from Trump, it didn't have any effect on the market.
I also think, as you said, that the summit did not produce effective results, so there was no good development received by the market, so there was no surprise at all. Maybe the impact will occur in the future if there is indeed an intervention that DT wants to do, but is it possible? Everything is still a question mark.
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Yes, you are right. Smart investors could take advantage of this opportunity as it is now and make sure they bag more because this might be the last opportunity for them this season.
For quite some time now, the price has been rallying between that amount you have mentioned and trying to break beyond $90K, but the resistance is extreme. However, I believe it would break through within a short period of time counting from now.
As long as bitcoin still remains Bitcoin, I believe there will always be an opportunity to buy in a dip. It is almost practically impossible for the market to move to the upside continually without retracing at all. Those retracements are actually opportunities to buy the dip.
However the only major downside to the whole thing is the dips become less profitable as bitcoin attains a higher price as it progresses. But that doesn't mean there would be no retracements to buy from.
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Yes, you are right. Smart investors could take advantage of this opportunity as it is now and make sure they bag more because this might be the last opportunity for them this season.
For quite some time now, the price has been rallying between that amount you have mentioned and trying to break beyond $90K, but the resistance is extreme. However, I believe it would break through within a short period of time counting from now.
As long as bitcoin still remains Bitcoin, I believe there will always be an opportunity to buy in a dip. It is almost practically impossible for the market to move to the upside continually without retracing at all. Those retracements are actually opportunities to buy the dip.
However the only major downside to the whole thing is the dips become less profitable as bitcoin attains a higher price as it progresses. But that doesn't mean there would be no retracements to buy from.
If we look at the cycle in the last few months, it can be said that there will always be upward movements and there will also be corrections that will always happen. I agree that there will always be times when it increases and there are times when it can also experience a decrease, where is the right time to continue buying with any scheme in order to achieve what we want.
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Yes, you are right. Smart investors could take advantage of this opportunity as it is now and make sure they bag more because this might be the last opportunity for them this season.
For quite some time now, the price has been rallying between that amount you have mentioned and trying to break beyond $90K, but the resistance is extreme. However, I believe it would break through within a short period of time counting from now.
As long as bitcoin still remains Bitcoin, I believe there will always be an opportunity to buy in a dip. It is almost practically impossible for the market to move to the upside continually without retracing at all. Those retracements are actually opportunities to buy the dip.
However the only major downside to the whole thing is the dips become less profitable as bitcoin attains a higher price as it progresses. But that doesn't mean there would be no retracements to buy from.
If we look at the cycle in the last few months, it can be said that there will always be upward movements and there will also be corrections that will always happen. I agree that there will always be times when it increases and there are times when it can also experience a decrease, where is the right time to continue buying with any scheme in order to achieve what we want.
It has always been the nature of bitcoin to increase and also decrease in price value but in all, the price keeps appreciating every cycle it achieves. What gave me the strong confidence in bitcoin was the fact that bitcoin started from the least price years back, and today it has appreciated much more than the price it started with, so this alone is just the basis on which I stand to declare my love and support for bitcoin. No matter the market condition it is facing, just have it in mind that a bounce back is a straight way to a new all time high, and that has always been the movement of bitcoin.
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It has always been the nature of bitcoin to increase and also decrease in price value but in all, the price keeps appreciating every cycle it achieves. What gave me the strong confidence in bitcoin was the fact that bitcoin started from the least price years back, and today it has appreciated much more than the price it started with, so this alone is just the basis on which I stand to declare my love and support for bitcoin. No matter the market condition it is facing, just have it in mind that a bounce back is a straight way to a new all time high, and that has always been the movement of bitcoin.
I prefer to follow the 4-year cycle, how can we buy during the bearish season 2 or 3 years ago and hold it until the bullish season this year. Being a holder for 2-3 years is my choice in investing in crypto.
And the price of bitcoin is getting higher every day if we buy during the bearish season, and of course this year we have made a big profit if we have bought bitcoin 2 or 3 years ago.
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It has always been the nature of bitcoin to increase and also decrease in price value but in all, the price keeps appreciating every cycle it achieves. What gave me the strong confidence in bitcoin was the fact that bitcoin started from the least price years back, and today it has appreciated much more than the price it started with, so this alone is just the basis on which I stand to declare my love and support for bitcoin. No matter the market condition it is facing, just have it in mind that a bounce back is a straight way to a new all time high, and that has always been the movement of bitcoin.
I prefer to follow the 4-year cycle, how can we buy during the bearish season 2 or 3 years ago and hold it until the bullish season this year. Being a holder for 2-3 years is my choice in investing in crypto.
And the price of bitcoin is getting higher every day if we buy during the bearish season, and of course this year we have made a big profit if we have bought bitcoin 2 or 3 years ago.
Currently, the Bitcoin market is moving two sideways which makes the market unstable but at this point, if one can be able to take position in the market space, they would make profit as it is down below the all time high of bitcoin and so doing, there is every indication that bitcoin would grow beyond the current price it is as it is below the last ATH and after this market bearish condition or correction, a new all time high would be achieved.
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Currently, the Bitcoin market is moving two sideways which makes the market unstable but at this point, if one can be able to take position in the market space, they would make profit as it is down below the all time high of bitcoin and so doing, there is every indication that bitcoin would grow beyond the current price it is as it is below the last ATH and after this market bearish condition or correction, a new all time high would be achieved.
Well the bitcoin market has been quite bearish for a long time now a relatively long time though. Basically I like to put it as we are currently ranging in the market but we are also in a downtrend just that the momentum is not so strong so the speed is pretty much low.
Currently we seem to be on a safer side simply because they haven't been a huge stir up in the market that potentially cause enough FOMO in volume to boost the downtrend.
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It has always been the nature of bitcoin to increase and also decrease in price value but in all, the price keeps appreciating every cycle it achieves. What gave me the strong confidence in bitcoin was the fact that bitcoin started from the least price years back, and today it has appreciated much more than the price it started with, so this alone is just the basis on which I stand to declare my love and support for bitcoin. No matter the market condition it is facing, just have it in mind that a bounce back is a straight way to a new all time high, and that has always been the movement of bitcoin.
I prefer to follow the 4-year cycle, how can we buy during the bearish season 2 or 3 years ago and hold it until the bullish season this year. Being a holder for 2-3 years is my choice in investing in crypto.
And the price of bitcoin is getting higher every day if we buy during the bearish season, and of course this year we have made a big profit if we have bought bitcoin 2 or 3 years ago.
I think it is a cycle that is indeed very important for the movement of crypto, especially, of course, with bitcoin. Buying during the bear season and wanting to hold until the bullish season comes is certainly not easy and there are many temptations, but if done correctly, then what we will get will make us do it continuously and sustainably, and it is certain that it will always provide benefits.
Agree, if we bought bitcoin 2 or 3 years ago it would have provided huge profits this year.
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Well the bitcoin market has been quite bearish for a long time now a relatively long time though. Basically I like to put it as we are currently ranging in the market but we are also in a downtrend just that the momentum is not so strong so the speed is pretty much low.
Currently we seem to be on a safer side simply because they haven't been a huge stir up in the market that potentially cause enough FOMO in volume to boost the downtrend.
One thing the market needs is confidence, imo. There is not enough of it, and the market acts accordingly, mostly sideways and up and down, but in a small range.
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It has always been the nature of bitcoin to increase and also decrease in price value but in all, the price keeps appreciating every cycle it achieves. What gave me the strong confidence in bitcoin was the fact that bitcoin started from the least price years back, and today it has appreciated much more than the price it started with, so this alone is just the basis on which I stand to declare my love and support for bitcoin. No matter the market condition it is facing, just have it in mind that a bounce back is a straight way to a new all time high, and that has always been the movement of bitcoin.
I prefer to follow the 4-year cycle, how can we buy during the bearish season 2 or 3 years ago and hold it until the bullish season this year. Being a holder for 2-3 years is my choice in investing in crypto.
And the price of bitcoin is getting higher every day if we buy during the bearish season, and of course this year we have made a big profit if we have bought bitcoin 2 or 3 years ago.
I think it is a cycle that is indeed very important for the movement of crypto, especially, of course, with bitcoin. Buying during the bear season and wanting to hold until the bullish season comes is certainly not easy and there are many temptations, but if done correctly, then what we will get will make us do it continuously and sustainably, and it is certain that it will always provide benefits.
Agree, if we bought bitcoin 2 or 3 years ago it would have provided huge profits this year.
It is not that easy to hold for a very long time when it happens that the market goes up and down and gets you trapped in between often; however, it takes patience and discipline to achieve such a long-term investment without thinking about the market condition at that moment. One thing I have come to realise about Bitcoin is that after every cycle, irrespective of how dip it goes, the potential of a speedy recovery and a new all-time high is sacrosanct, and that is what keeps the ecosystem going. So, cycle after cycle, the market and price of Bitcoin keep increasing or appreciating in value.
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It is not that easy to hold for a very long time when it happens that the market goes up and down and gets you trapped in between often; however, it takes patience and discipline to achieve such a long-term investment without thinking about the market condition at that moment. One thing I have come to realise about Bitcoin is that after every cycle, irrespective of how dip it goes, the potential of a speedy recovery and a new all-time high is sacrosanct, and that is what keeps the ecosystem going. So, cycle after cycle, the market and price of Bitcoin keep increasing or appreciating in value.
It does require high patience for long-term holders to be able to go through all market conditions like this. There may be many people who choose to give up on market conditions like this, but there are also many people who because of their loyalty, determination, belief, or because they are too half-hearted, in the end still choose to hold the coins until now, and maybe until an uncertain time, because they have already been holding for several years.
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It is not that easy to hold for a very long time when it happens that the market goes up and down and gets you trapped in between often; however, it takes patience and discipline to achieve such a long-term investment without thinking about the market condition at that moment. One thing I have come to realise about Bitcoin is that after every cycle, irrespective of how dip it goes, the potential of a speedy recovery and a new all-time high is sacrosanct, and that is what keeps the ecosystem going. So, cycle after cycle, the market and price of Bitcoin keep increasing or appreciating in value.
It does require high patience for long-term holders to be able to go through all market conditions like this. There may be many people who choose to give up on market conditions like this, but there are also many people who because of their loyalty, determination, belief, or because they are too half-hearted, in the end still choose to hold the coins until now, and maybe until an uncertain time, because they have already been holding for several years.
Yes, you are right, and patience is a virtue, but not every person has that patience to hold for a very long time hence, you see people selling at any slightest drop or decline in price of bitcoin for the fear of running at loss. This is why investors are advised to use funds they can afford to lose or a spare fund they would not need use for a very long term after investing in Bitcoin as the market is not stable and can decline at any given point in time. The truth is that to invest for such a long term, one must have a backup so they don't get carried away by the market condition or are tempted to sell as a result of pressing demand for funds, etc.
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It is not that easy to hold for a very long time when it happens that the market goes up and down and gets you trapped in between often; however, it takes patience and discipline to achieve such a long-term investment without thinking about the market condition at that moment. One thing I have come to realise about Bitcoin is that after every cycle, irrespective of how dip it goes, the potential of a speedy recovery and a new all-time high is sacrosanct, and that is what keeps the ecosystem going. So, cycle after cycle, the market and price of Bitcoin keep increasing or appreciating in value.
It does require high patience for long-term holders to be able to go through all market conditions like this. There may be many people who choose to give up on market conditions like this, but there are also many people who because of their loyalty, determination, belief, or because they are too half-hearted, in the end still choose to hold the coins until now, and maybe until an uncertain time, because they have already been holding for several years.
Bitcoin is famous for its long -term investment and should be known to all who want to invest in Bitcoin. But there are indeed those who are able to be well enough to reach the price that is desired, but not a few that cannot survive because of other temptations. Bitcoin to the specified time is certainly not easy, but because the results are enough to make those who get the maximum results, so many continue to be Manahan.
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It is not that easy to hold for a very long time when it happens that the market goes up and down and gets you trapped in between often; however, it takes patience and discipline to achieve such a long-term investment without thinking about the market condition at that moment. One thing I have come to realise about Bitcoin is that after every cycle, irrespective of how dip it goes, the potential of a speedy recovery and a new all-time high is sacrosanct, and that is what keeps the ecosystem going. So, cycle after cycle, the market and price of Bitcoin keep increasing or appreciating in value.
It does require high patience for long-term holders to be able to go through all market conditions like this. There may be many people who choose to give up on market conditions like this, but there are also many people who because of their loyalty, determination, belief, or because they are too half-hearted, in the end still choose to hold the coins until now, and maybe until an uncertain time, because they have already been holding for several years.
Yes, you are right, and patience is a virtue, but not every person has that patience to hold for a very long time hence, you see people selling at any slightest drop or decline in price of bitcoin for the fear of running at loss. This is why investors are advised to use funds they can afford to lose or a spare fund they would not need use for a very long term after investing in Bitcoin as the market is not stable and can decline at any given point in time. The truth is that to invest for such a long term, one must have a backup so they don't get carried away by the market condition or are tempted to sell as a result of pressing demand for funds, etc.
Somewhat we are getting out of topic here. I don't know maybe the OP or any mods might need to lock this thread up as the discussions are no longer connected to the subject itself. It's almost a month now since the summit and we all know that we are totally disappointed as the result didn't give us any positive news. US is not going to buy Bitcoin or any other crypto, but will just hold what they have rightn ow and that is going to be their strategic reserves.
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It is not that easy to hold for a very long time when it happens that the market goes up and down and gets you trapped in between often; however, it takes patience and discipline to achieve such a long-term investment without thinking about the market condition at that moment. One thing I have come to realise about Bitcoin is that after every cycle, irrespective of how dip it goes, the potential of a speedy recovery and a new all-time high is sacrosanct, and that is what keeps the ecosystem going. So, cycle after cycle, the market and price of Bitcoin keep increasing or appreciating in value.
It does require high patience for long-term holders to be able to go through all market conditions like this. There may be many people who choose to give up on market conditions like this, but there are also many people who because of their loyalty, determination, belief, or because they are too half-hearted, in the end still choose to hold the coins until now, and maybe until an uncertain time, because they have already been holding for several years.
Yes, you are right, and patience is a virtue, but not every person has that patience to hold for a very long time hence, you see people selling at any slightest drop or decline in price of bitcoin for the fear of running at loss. This is why investors are advised to use funds they can afford to lose or a spare fund they would not need use for a very long term after investing in Bitcoin as the market is not stable and can decline at any given point in time. The truth is that to invest for such a long term, one must have a backup so they don't get carried away by the market condition or are tempted to sell as a result of pressing demand for funds, etc.
Somewhat we are getting out of topic here. I don't know maybe the OP or any mods might need to lock this thread up as the discussions are no longer connected to the subject itself. It's almost a month now since the summit and we all know that we are totally disappointed as the result didn't give us any positive news. US is not going to buy Bitcoin or any other crypto, but will just hold what they have rightn ow and that is going to be their strategic reserves.
Whatever the results and where it does not give very good results, of course, we can understand and do not need to be disappointed, and it is normal that there will always be something that can work out in the end, but there are things that cannot be expected. Right now there is nothing that can be expected.
But we do not know if there will be other actions or policies from the US government in the future, we had better wait for that.