Quote from: dekafee79 on May 28, 2024, 12:02:18 PM

Actually DCA is more suitable to use during the bearish season a year or two ago, we started buying using the DCA method, but if you want to buy now the price is too high even though there is still a chance of profit, but I don't use the DCA method anymore, because I do short trading  buy and sell when you feel you have made a profit.

Both the method of DCA and buying and selling according to the profit are suitable options but most of the time people change their mind and escape to take profit as they wish to get more profit so this strategy is not applicable for everyone. I think one should use different strategies according to his profit and prefer that one which suited well for him.

Buying at lower worth and selling at higher cost is a good option and if someone is not interested in accumulation then taking profit but continuously purchasing and selling is also not a bad idea but if a person has knowledge and expertise about this process.

Quote from: alltalk on May 19, 2024, 04:58:39 PM

Quote from: kulkhan on May 12, 2024, 11:08:21 PM

Yes i am still holding Bitcoin and some altcoin. Hold is gold i believe it. I think within short time we will saw real bull market. And i want to wait and hold my all fund. I believe ditire bull session my fund will be minimum 3x to 4x. Sobi am holding till now. I think ifd anyone invest now and hold that for few month he also will be profitable thwre has no doubt. And i think if hold now he will get minimum 2x-3x profit. So i will tell hold,  hold and hold.

It is good if you keep holding now. But you must always monitor the price movement of every coin you are holding. If it reaches your target, don't be greedy to continue holding. I suggest to take profits when it meets your minimum target. We don't know how the market trend in the future, there is no guarantee that the price of certain coins will always increase.

Anyway, we are in the bullrun season. Is it still not real for you? I don't understand why you stated "real bull market". I think it is already in a real bull market. 

         -    We've really been in a bull run for the past few months, haven't we? I don't even know if that's what he says is a real bull run. Simply put, if you don't want hassle as an investor or headaches, the best tools to use are long-term.

But we should also know when to take profit; we can't just feel the movement of the market unless we have a deep knowledge of trading. We can use our instincts somehow, and it depends on the situation.

Quote from: bitbit97 on May 28, 2024, 12:42:13 PM

It was middle of 2024 and people still hope that Elon Musk will make them rich through dogecoin. I wont stop asking people to look on dogecoin on different angle, because Elon Musk has lost his magic to influence on dogecoin. Instead of praying that Musk would announce something dogecoin related, better either look for different altcoin to hold, or search for other reasons dogecoin price to grow.

For example 2 days ago Elon has retweeted something dogecoin related. Where is significant price change?

Maybe now people are no longer influenced by Elon Musk, so what they do no longer has a big influence on Doge, unlike when Doge first boomed because of Elon Musk. 
There is some truth in speculating by choosing new meme coins that are currently popular such as Shiba and Pepe, but I think for now Doge is still on the right track.
It is also possible that in the future Doge will remain the most popular and most expensive meme coin.

this site, if we want fantastic, allows you to make projections starting from the past
let's say it helps to understand, if I had done DCA how would I have my money now, it can't be done for the future obviously because we don't know the price
It's just a tool to understand, if I had used DCA now, what would I be like?

Have we read today's news, what will happen next?!  let's see together, because it looks like the SEC has approved this Ethereum ETF...
https://watcher.guru/news/sec-approves-all-spot-ethereum-etfs?utm_source=wg_homepage&utm_medium=wg_homepage&utm_campaign=wg_homepage
Many people are waiting for this news  , and it seems to be in line with many people's expectations.

Quote from: GeneralEth on May 23, 2024, 02:00:21 PM

I’ve been holding onto my Ethereum and Bitcoin cash for a while now, and honestly, I’ve been unsure about what to do with it. I know ETH is a valuable asset, but simply holding it doesn't seem like the best way to maximize its potential. Price has been flying up and down recently, but i'm bullish on it with the upcoming ETF approval, that is if it was approved it will be a plus for most retail holders like myself. Do you have any idea how i can make the most out of my holdings.

Hmm, if know how to trade, and have some skills in it and a little experience as well, then try to trade with ETH, to manage the risk you can hold X % and trade with Y % in ETH, yup there's no doubt that ETH is still undervalued but at current price hmm I cant say anything, still ETH ahs a lot of potential, make sure if you don't have any trading experience just hold and try to adopt DCA if you are still bullish want to accumulate for in ETH.

No doubt ETH won't disappoint in this journey.

Quote from: bitterguy28 on May 16, 2024, 06:24:32 AM

Quote from: Bobcrypto on January 03, 2024, 10:15:29 AM

I am optimistic that once the Bitcoin ETF is successfully approved by the SEC this year, 2024; there is the possibly of an ethereum ETF in near future. I think that the success of the Bitcoin ETF will determine wether there may be other ETF, for instance, ethereum, Binance, Tron, Solana, polygon ETFs. Now, Do you think other ETFs could follow Bitcoin ETF? Just your thoughts, thank you.

Ethereum always follow bitcoin in every ways , from growth to dumping and from regulations around the world ,
though bitcoin ETF have already approved months ago yet Ethereum seems to be following sooner, but we cannot expect this 2024 not unless issues will be resolved so this will come stronger this 2dn or 3rd quarter.

Ethereum’s structure fundamentally differs from Bitcoin’s.
The SEC technically approved the BTC ETFs using a 3-year look-back correlation analysis and Bitcoin has less for a potential lawsuit.
But who knows I hope your prediction is right, the issue is solved, the ETF ETH narrative will become stronger in the 2nd or 3rd quarter and approval from the SEC will come sooner than we expect.

Quote from: alltalk on May 23, 2024, 10:00:30 PM

Quote from: DAMKAR on May 23, 2024, 02:57:22 PM

DCA is always a good way to own bitcoin, we can start it when it is bearish, as many senior members do. By buying gradually we will be able to have a larger amount of bitcoin, even though it starts from $10, but if we always buy $10 every week for a year we will also have a large asset.

Many people use DCA to have Bitcoin assets. If we can start doing it since the early of bearish season, we must already have a big number of Bitcoin now. Buying gradually will make us to have an option to buy Bitcoin at any rate. We also don't need to use big amount of money, we can buy gradually with small amount of money. $10 is possible to buy Bitcoin, we can increase the amount of the money if we have additional funds. But the challenge is we must do it consistently. 

This is an economical way for those of us who don't have a lot of capital to buy bitcoins, we only need to set aside money every week or every month to collect bitcoins. This method has been used by many people and it works.

Of course, if we want to own large amounts of bitcoin directly, then that will be difficult for us to do. Because our financial capabilities are different, some are capable and some are not, so use a method that is easy for us, one of which is DCA.