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Messages - I-Bit

Pages: 1 2 3 [4] 5 6 ... 158
46
Cryptocurrency discussions / Re: The impact of crypto on our lives
« on: March 24, 2024, 11:24:11 PM »
Quote from: dekafee79 on March 23, 2024, 10:25:47 PM
Currently we are both participating in the BTC paid signature bounty, this is a form of our effort not to miss out on assistance from the projects you are referring to. Bitcoin has helped my finances a lot, by getting profits when investing in Bitcoin, both long-term holding and when I trade.
There are many people who are joining signature campaign paid in Bitcoin. It is because people want to join the campaign that can gives a stable and exact payment. People are no longer interested in the campaign paid in altcoins because many of them are worthless. Sure, the payment of Bitcoin help us very much. We can sell the Bitcoin and we get fiats. This is probably very helpful to support out financial for daily necessities.


47
Cryptocurrency discussions / Re: What could 2024 look like for new altcoins?
« on: March 24, 2024, 11:17:51 PM »
Quote from: 0t3p0t on March 24, 2024, 08:06:59 PM
With Ethereum's current upgrade on it's network I think it will initiate the next Altcoin season if I am not mistaken. And yeah I agree that having Altcoins on our bags right now would be a wise decision as Alt season might start before or after Bitcoin halving so be prepared for it.
I can agree if it can trigger the increase on ETH price but I'm not so sure it will trigger the altcoins season. Why do you think the impact will be so big on altcoins market? Sure, before the altcoins season, we are better to prepare our altcoins now. Since we have some dumps lately, the prices of altcoins are quite cheap, it is a good time for collecting more altcoins. I think the altcoins season should be after the halving of Bitcoin.


48
Meme Coins / Re: Which memecoin is your favorite?
« on: March 23, 2024, 11:59:10 PM »
My favorite meme coins will be always Dogecoin. I think Dogecoin is like the main meme coins. If there are some meme coins to skyrocket, I believe Dogecoin will skyrocket as well. If Dogecoin still didn't increase massively, I think it is only about the time to see Dogecoin to fly. I bet Dogecoin will increase high when Elon Musk keeps posting good things about Doge or about meme coins as a whole. This may happen very soon.


49
Ethereum Forum / Re: ETH predictions of next week.
« on: March 23, 2024, 11:56:36 PM »
Quote from: legend45 on March 23, 2024, 10:48:06 PM
In fact, we are also waiting for the good news that  ETF ethereum is approved, if that happens the increase in ethereum will follow the increase in bitcoin. Because we have heard that ETF  bitcoin has had a very good impact on bitcoin, reaching a new ATH before the bitcoin halving of $73K.
I think we shouldn't wait for that news only. There is no guarantee that ETH can join ETF market. If it is not approved, what we should do? I think we must learn another factors, for example the development on Ethereum projects. We also must be aware that the price of Ethereum also follows the price of Bitcoin. So, it is no problem as long as Bitcoin can keep raising its price.


50
Ethereum Forum / Re: Eth hold or Trade?
« on: March 22, 2024, 11:59:17 PM »
Quote from: doc on March 22, 2024, 07:12:55 PM
Becoming a trader is a choice made by those who have a lot of time to do it, because traders need a lot of time to integrate market movements. but if you don't have much time, it's best to just be a holder, buy coins that are predicted to experience a high increase and hold. I only hold bitcoin ethereum BNB and Solana, but I use several other top coins for short and medium term trading.
Sure, to be a trader, we must always update the information about the market. We also need to always check the updated news on the coin, for example the news about ETH. The current news in ETH, it may be joining ETF market, so the price may skyrocket. Well, if we don't have much time to monitor the market, we are better to be an investor. It is great that you are holding ETH, BNB, and SOL. I also hold this as an investor, but I have other top altcoins.


51
Cryptocurrency Price Speculations / Re: Will bitcoin be worth 1M in 2030?
« on: March 22, 2024, 11:58:08 PM »
Quote from: Captain Corporate on March 22, 2024, 09:10:40 PM
I hope that it could reach to a point where we could see people get their wish and the price reaches to 1 million, and I do believe that if nothing goes wrong then its going to reach that level. However, I do hope that people can realize that its not going to be simple, it may take some time to get there as well. So just keep patient and you could get what you wish for.
Nothing wrong if Bitcoin can reach 1 million, but it looks impossible for now. I'm even not really sure that Bitcoin price can be 1 million in 2030. We still didn't reach $100k, how we can reach 1 million? I think we must be more realistic that the price of Bitcoin won't be always skyrocket, it can increase not so massively.


52
Cryptocurrency Price Speculations / Re: Will bitcoin all time high record break in 2024
« on: March 22, 2024, 11:54:18 PM »
Quote from: LUCKMCFLY on March 14, 2024, 11:23:28 PM
I am sure that when it reaches $80k, $90k people will buy bitcoin like crazy, and those purchases in this way will help raise the price somewhat, but I am sure that it will take its way to more than $100k, there is no doubt about that.
Why people will buy at $80k or $90k? I think people will prefer to take profits if the price of Bitcoin already hits $80k or $90k. If people want to buy Bitcoin, it is the time to buy Bitcoin, the price is decreasing quite a lot. It seems the Bitcoin price to drop to $60k, it may be the bottom before the next pump. Why wait for $80k to buy Bitcoin?  ;D


53
Bitcoin Forum / Re: Is Bitcoin Too Expensive For Me?
« on: March 22, 2024, 11:51:57 PM »
Quote from: dekafee79 on March 22, 2024, 10:08:14 PM
You are right, we don't have to buy one bitcoin which is worth $63K which is too expensive. we buy bitcoin if we have $100 or $200 we can spend it with that money. there is no prohibition on buying small amounts of bitcoin, as all exchanges allow it. If bitcoin hits $100K later, people will definitely think bitcoin is more expensive than it is now.
$63k isn't too expensive if it is still possible to reach $90k - $100k. I think the price of Bitcoin can drop below $60k, today it dropped more. Just wait for a longer day if you want a lower price, but it shouldn't be so far from $60k. It will be impossible to expect $50k to buy Bitcoin. Why we buy at $100k or $200k? It is crazy to buy it this price.


54
Bitcoin Forum / Re: Profiting from BTC: just luck?
« on: March 22, 2024, 11:45:42 PM »
Quote from: EthereumDev_ on March 21, 2024, 08:17:46 AM
Transaction fees using Bitcoin will become cheap when the volume of transactions on the blockchain decreases and that will make transactions loose and usually the fees required are only around $2 until $5 for each transaction.
Yes, the fees can be cheaper if the transaction number is decreasing. Unfortunately, we are heading the Bitcoin halving, the number of transactions must be increasing a lot. I think we may have no chance if we want to wait for the transfer fees around $2, I mostly send around $5-$6. I think it is already a bit cheap transfer fees.


55
Cryptocurrency discussions / Re: Is it risky to invest in new crytpo coin/tokens???
« on: March 17, 2024, 11:59:05 PM »
Quote from: DAMKAR on March 16, 2024, 01:14:58 PM
It is too risky to invest in new projects, because several times I have experienced failure due to lack of good analysis to detect whether this project will be good or not. Maybe I have to deepen my research on a new project if I want to succeed. feels difficult.
Not only you, I also experienced many times of the scams or bad new altcoins. I think it is better to stay way from new coins because we have already many old and good coins. We don't need a very deep analysis when we choose old coins because most of them are reputable enough. In my opinion, if we make a deeper analysis won't work well because the scammers become smarter. They can make a perfect shit project.


56
Cryptocurrency discussions / Re: What could 2024 look like for new altcoins?
« on: March 17, 2024, 11:56:12 PM »
Quote from: TopT3ns on March 17, 2024, 06:20:05 PM
New coins that have entered large exchanges such as Binance can certainly be said to be not scams and have teams and products that are sold well and structured, even requiring quite expensive listing fees to be listed on exchanges such as Binance. However, if new altcoins have not yet entered the major exchanges, you must remain vigilant and continue to DYOR.
Not every coin in large exchanges can be trusted. There are still shitcoins there, they only last few months and disappear. So, there is no guarantee there is no scam coins in large exchanges. Even if the exchange like Binance has selected the coins in a tight way, but Binance can't guarantee how long the project exists. We must be always careful although it is a coin in large exchanges.


57
Cryptocurrency Trading / Re: Just HODL
« on: March 17, 2024, 11:51:24 PM »
Quote from: legend45 on March 17, 2024, 08:19:06 AM
Become a holder who needs cold money, money not from debt and money not needed. Because being held for the long term requires funds that are truly free. It doesn't matter which is easier to be a holder or a trader? it is adjusted to each individual's abilities.
If you are holding crypto coins for a long time, you need to use safe money. But if you are daily trader, you can use any money as long as it is not for daily needs. Trading will have a faster profit, while investing needs to hold for few months or few years. We can't expect to get profits any time if we are holing a long term.


58
Cryptocurrency Trading / Re: Hold and trade which is best for you?
« on: March 17, 2024, 11:47:20 PM »
Quote from: legend45 on March 17, 2024, 07:55:42 AM
It requires sufficient experience and knowledge to be able to carry out market analysis well. It also takes a long time to hone our skills. My analysis is not very accurate in the short term, so I choose to hold for the long term.
Of course, you can't analyze the market if you have lack of knowledge. It is very recommended for everyone to have a serious learning when they are new people in this crypto industry. Learning is the only way to make the people be more secure in trading crypto. Trading will be very risky if we have no knowledge. True, it is because we can't analyze the market at all.

If you have not accurate analysis, it is no problem as long as you hold top coins. It is very risky if you hold shitcoins.


59
Cryptocurrency Trading / Re: HOW TO IMPROVE PSYCHOLOGY IN TRADING
« on: March 17, 2024, 11:42:37 PM »
Quote from: TopT3ns on March 17, 2024, 03:45:10 PM
This is a very good analogy, and hopefully it can be understood well because it is true, as has been said, that everything requires a process to achieve certain goals, such as wanting to become a professional trader, so they will try various trading methods until they have a lot of experience and find one that meets their expectations.
Correct. There is no instant success, everything requires a process.
When people want to be professional traders, they must deal with obstacles such as losses money or other bad experiences. There is no way to be a professional trader suddenly, it must have a certain process. I agree that people can be professional after they tried various strategies in trading.

60
Bitcoin Forum / Re: Beginning of the Dumping Market?
« on: March 17, 2024, 11:37:20 PM »
Quote from: MUGNIA on March 17, 2024, 10:44:40 PM
a reasonable correction in my opinion, there is a possibility that with this correction there will be many investors who enter again, because they are waiting for the opportunity for this correction to lead to the bullrun ahead,
Yes, the new investors will buy Bitcoin when the market is in the correction. During the price skyrocketed, they didn't brave to buy Bitcoin, now they have the chance to buy. I'm sure the price of Bitcoin will increase again soon because there is a significant increase of trading volume. A higher demand, there should be a chance for a higher price.


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