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Author Topic: Looking at the current situation how to invest in crypto??  (Read 3939 times)

Offline Dr.Bitcoin_Strange

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Re: Looking at the current situation how to invest in crypto??
« Reply #75 on: November 01, 2024, 05:08:44 AM »
Inasmuch, I would agree with your wordings that every time is the best time to invest in Bitcoin; what will you now say about investing during the bear market and investing at the top of the market(bull market)? Whom between the two stands a chance to make huge profits if both intend to hold for the long term.
Well just like you rightly said. Those who attempt to wait for the bullish season before investing are mostly in the market for the short term gain that the asset has to offer, and if that’s so then this could often take an unexpected turn since no one has the ability to accurately predict the market, from what we know, the bull run mostly comes after the bear market but no one knows how long the bull run would continue and to what extent it would go, many could only predict that it would go higher than its previous peak but in the end, it’s just all speculations and when people follow these speculations blindly, the result could be disastrous.

A pretty could example of how unpredictable the market can be is just few months back after the last concluded Bitcoin Spot ETF, and just like investors predicted, Bitcoin price moved rapidly uptrend reaching over $73k if I’m not mistaken, and there were still so many speculations that Bitcoin would reach $100k before the month runs out and I believe many invested at that point due to those speculations and predictions, and also with the optimism investors had about the upcoming Halving, many investors bought even more Bitcoin preparing for the bigger bull run, and we all know how that played out.

And concerning those who chose to invest in the bear market, I don’t know but I think the bear market is one the best time for investors to invest, as long as they maintain the long term approach, because at this point, no big move is really happening in the market as the market remains as still as water, thus enabling the investor to make better investment decisions without being rushed by sudden market moves into making impulsive decisions. During the bear market, investors that choose to buy Bitcoin are often those who understands the importance of a long term approach, they’re mostly buying to prepare for the next bull run even if they don’t really know or attempt predicting exactly when it will come.

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Re: Looking at the current situation how to invest in crypto??
« Reply #75 on: November 01, 2024, 05:08:44 AM »

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Offline erus

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Re: Looking at the current situation how to invest in crypto??
« Reply #76 on: November 01, 2024, 05:45:35 PM »
I noticed many senior and experienced members said that Q1 and Q2 in 2025 will be very profitable years and that really makes me confident to wait for that moment. If I had a lot of Bitcoin, for example 10 Bitcoin, it seems like I should put a Sell order in May to sell all my 10 Bitcoins to take profit, unfortunately I don't have any Bitcoin, let alone 10 Bitcoin, I don't even have 0.0001 BTC.
~snip~
...maybe even selling all of your belongings, your house, car, your dog and cat just to raise funds for Bitcoin (of course, am just kidding but you get what I mean).
lol, I like your jokes and I appreciate it. In my opinion, jokes are a bit important because it gives the impression that we are not too focused and serious about our work because humans need entertainment.

Still, we have to note that no matter how looking forward are we for the rise of Bitcoin in 2025, everything can still be categorized as speculations and the only way to be sure is to wait for it.
If you are going to wait for 2025 to be the best year for profit, then I am definitely here to wait for it too so I can see you making excess profits from the Bitcoin market.

As far as this year is concerned to its end, this is the right time to invest in Bitcoin. I said this because whatever price Bitcoin reaches before the end of this year, I am sure it will skyrocket above it before Q1 or Q2 ends, giving such investors huge profits if they decide to sell by next year.
Can I trust you?
I noticed many senior and experienced members said that Q1 and Q2 in 2025 will be very profitable years and that really makes me confident to wait for that moment.
If I had a lot of Bitcoin, for example 10 Bitcoin, it seems like I should put a Sell order in May to sell all my 10 Bitcoins to take profit, unfortunately I don't have any Bitcoin, let alone 10 Bitcoin, I don't even have 0.0001 BTC.
~snip~
Don't be among those who learn about Bitcoin to give them huge profits in the future but they feel reluctant to invest in it because they thought it's to expensive for them to invest with little they have
Life can't be forced, I also don't want to be carried away by FOMO so I also have to learn more about Bitcoin. I admit that many people suggest buying Bitcoin but my efforts to buy Bitcoin are not easy and certainly require free money to be able to buy Bitcoin.
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Re: Looking at the current situation how to invest in crypto??
« Reply #76 on: November 01, 2024, 05:45:35 PM »

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Offline JoyMarsha

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Re: Looking at the current situation how to invest in crypto??
« Reply #77 on: November 04, 2024, 10:44:24 PM »
As far as this year is concerned to its end, this is the right time to invest in Bitcoin. I said this because whatever price Bitcoin reaches before the end of this year, I am sure it will skyrocket above it before Q1 or Q2 ends, giving such investors huge profits if they decide to sell by next year.
Can I trust you?
I noticed many senior and experienced members said that Q1 and Q2 in 2025 will be very profitable years and that really makes me confident to wait for that moment.
If I had a lot of Bitcoin, for example 10 Bitcoin, it seems like I should put a Sell order in May to sell all my 10 Bitcoins to take profit, unfortunately I don't have any Bitcoin, let alone 10 Bitcoin, I don't even have 0.0001 BTC.
~snip~
Don't be among those who learn about Bitcoin to give them huge profits in the future but they feel reluctant to invest in it because they thought it's to expensive for them to invest with little they have
Life can't be forced, I also don't want to be carried away by FOMO so I also have to learn more about Bitcoin. I admit that many people suggest buying Bitcoin but my efforts to buy Bitcoin are not easy and certainly require free money to be able to buy Bitcoin.
I understand. But remember, there's no free money anywhere. You ought to work for the money before you earn it. You work to get paid. Nobody dashes people's money any longer because the economy is no longer as smooth sailing as before someone can dash someone else money as before. People are just managing, and trying to  invest with their spare money in Bitcoin

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Re: Looking at the current situation how to invest in crypto??
« Reply #78 on: November 26, 2024, 07:21:32 AM »
I can't give my friends any very risky advice because by investing in cryptocurrency because it's better for me personally to secure their funds for good things. Cryptocurrency is more complicated than we think, when buying coins and the price drops, all emotions go up and our mentality will definitely be disturbed.
As for me personally, when I want to invest, I just have to buy the coins we want according to our taste but don't buy because all markets definitely have coins that are created for Pump and Dump. Maybe if I invest in cryptocurrency right now, I will definitely buy Bitcoin, I don't want to take other risks.
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Online Aanuoluwatofunmi

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Re: Looking at the current situation how to invest in crypto??
« Reply #79 on: November 26, 2024, 10:38:06 PM »
Just as we can source from diverse means to ensure we have our investment capital, we must also be ready and willing to learn, know and be well prepared on making decision over crypto investment.

There is both the good and bad side of any thing we are doing in life, this same follow suite with the way we are investing, we cant give less and expect much, we should be able to explore in making findings about the areas we could view some possible opportunities and invest.

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Re: Looking at the current situation how to invest in crypto??
« Reply #80 on: November 26, 2024, 10:38:32 PM »
I can't give my friends any very risky advice because by investing in cryptocurrency because it's better for me personally to secure their funds for good things.
It is not even recommended to give investment advice to people, they will turn around and complain to you if the investment is not as successful as they imagined. Most cryptocurrencies are volatile, so anyone investing should know that it can rise and it can also fall, some people want it to only rise, but that is not possible.

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Re: Looking at the current situation how to invest in crypto??
« Reply #81 on: November 26, 2024, 11:27:08 PM »
I understand. But remember, there's no free money anywhere. You ought to work for the money before you earn it. You work to get paid. Nobody dashes people's money any longer because the economy is no longer as smooth sailing as before someone can dash someone else money as before. People are just managing, and trying to  invest with their spare money in Bitcoin
In essence, all businesses will require capital, and that capital is inseparable from money, whether it is large or very small, in the crypto world, it will definitely be needed. Even if we get certain tokens from airdrops or other programs, it must also be capital from ourselves, we don't get it directly for free. There is capital in the form of money, energy, time and others that we should consider. However, this may be arguably more affordable and we can reach it, rather than spending large amounts of money to invest in certain coins, especially new coins.

There is both the good and bad side of any thing we are doing in life, this same follow suite with the way we are investing, we cant give less and expect much, we should be able to explore in making findings about the areas we could view some possible opportunities and invest.
Certainly, we will not be free from the positive and negative sides. What we should do is consider both sides more maturely, better, and certainly wisely. Considering based on our condition at that time, our ability, and also our level of taking risks, especially in putting our money in this investment, must be full of consideration between the pluses and minuses.
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Re: Looking at the current situation how to invest in crypto??
« Reply #81 on: November 26, 2024, 11:27:08 PM »


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Re: Looking at the current situation how to invest in crypto??
« Reply #82 on: November 27, 2024, 02:42:03 AM »
I can't give my friends any very risky advice because by investing in cryptocurrency because it's better for me personally to secure their funds for good things.
It is not even recommended to give investment advice to people, they will turn around and complain to you if the investment is not as successful as they imagined. Most cryptocurrencies are volatile, so anyone investing should know that it can rise and it can also fall, some people want it to only rise, but that is not possible.
It's not recommended, but not illegal as well. At the end of the day, it's you who will decide on whether you should give them advice or not.

What I would suggest though is that if you're giving advice to somebody, tell the positive and negative sides of it and always say that you're not the one to blame just in case things go south. Just for your safety as well. We know how volatile cryptocurrencies are and as a newbie, they might get overwhelmed and can panic so easily. As for me, I gave some small tips to the people around me with regards to cryptocurrencies, but I always say that they should not invest into it if they don't know anything about it. Better learn first.

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Re: Looking at the current situation how to invest in crypto??
« Reply #83 on: November 27, 2024, 09:11:57 AM »
I can't give my friends any very risky advice because by investing in cryptocurrency because it's better for me personally to secure their funds for good things.
It is not even recommended to give investment advice to people, they will turn around and complain to you if the investment is not as successful as they imagined. Most cryptocurrencies are volatile, so anyone investing should know that it can rise and it can also fall, some people want it to only rise, but that is not possible.
It's not recommended, but not illegal as well. At the end of the day, it's you who will decide on whether you should give them advice or not.

What I would suggest though is that if you're giving advice to somebody, tell the positive and negative sides of it and always say that you're not the one to blame just in case things go south. Just for your safety as well. We know how volatile cryptocurrencies are and as a newbie, they might get overwhelmed and can panic so easily. As for me, I gave some small tips to the people around me with regards to cryptocurrencies, but I always say that they should not invest into it if they don't know anything about it. Better learn first.
For me, i wont really be giving any advises when it comes to investing on cryptocurrencies on which we know that when it comes into this aspect then this is something that will really be that
possibly creating some problems in between into thos people whom you had given your advises. For sure they will really be expecting  about sure profits and on the moment that market volatility
happens and give out that negative into their port then pretty sure that there would really be those individuals who would really be pointing out some fingers towards you and
blaming the loses that they have made out and this is something that i had experienced in the past and thats why i dont really like to recommend anymore.

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Re: Looking at the current situation how to invest in crypto??
« Reply #84 on: November 27, 2024, 09:17:45 AM »
I can't give my friends any very risky advice because by investing in cryptocurrency because it's better for me personally to secure their funds for good things.
It is not even recommended to give investment advice to people, they will turn around and complain to you if the investment is not as successful as they imagined. Most cryptocurrencies are volatile, so anyone investing should know that it can rise and it can also fall, some people want it to only rise, but that is not possible.
It's not recommended, but not illegal as well. At the end of the day, it's you who will decide on whether you should give them advice or not.

What I would suggest though is that if you're giving advice to somebody, tell the positive and negative sides of it and always say that you're not the one to blame just in case things go south. Just for your safety as well. We know how volatile cryptocurrencies are and as a newbie, they might get overwhelmed and can panic so easily. As for me, I gave some small tips to the people around me with regards to cryptocurrencies, but I always say that they should not invest into it if they don't know anything about it. Better learn first.
For me, i wont really be giving any advises when it comes to investing on cryptocurrencies on which we know that when it comes into this aspect then this is something that will really be that
possibly creating some problems in between into thos people whom you had given your advises. For sure they will really be expecting  about sure profits and on the moment that market volatility
happens and give out that negative into their port then pretty sure that there would really be those individuals who would really be pointing out some fingers towards you and
blaming the loses that they have made out and this is something that i had experienced in the past and thats why i dont really like to recommend anymore.

One word. I'll suggest DCA. once you DCA you'll make more money imo

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Re: Looking at the current situation how to invest in crypto??
« Reply #85 on: November 27, 2024, 09:44:43 AM »
What I would suggest though is that if you're giving advice to somebody, tell the positive and negative sides of it and always say that you're not the one to blame just in case things go south.
if you are going to advice someone, don’t just blatantly tell them what to do or what not to do allow them to have options and so they can make their own decisions you are only advising not making the decision for themselves plus they won’t be able to learn anything if you give it straight to them

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Re: Looking at the current situation how to invest in crypto??
« Reply #86 on: November 27, 2024, 11:03:39 AM »
I can't give my friends any very risky advice because by investing in cryptocurrency because it's better for me personally to secure their funds for good things.
It is not even recommended to give investment advice to people, they will turn around and complain to you if the investment is not as successful as they imagined.
What you said is very true, I have experienced something like this and this happened to my friend, my friend gave advice to my friend about Bitcoin trading but a long time ago. My friend (X) gave advice to his friend (Z) to buy Bitcoin but after a few days his Bitcoin went down and this friend (Z) kept complaining to his friend (X) so he decided to CutLoss, this position was in a loss of around 30%.
Unfortunately this friend (Z) has no patience, if he had HodL until now maybe he could also take advantage because as I remember (Z) bought Bitcoin at a price of around 22,000 dollars.
This is what I fear if I give advice to others about crypto, it is better to keep my crypto experience to myself, rather than end up becoming a problem between our friendship in the real world.

Most cryptocurrencies are volatile, so anyone investing should know that it can rise and it can also fall, some people want it to only rise, but that is not possible.
That's right, this crypto is very volatile and difficult to predict the price, reflecting on my friend's story above, investing in Bitcoin will also be problematic if given the advice to friends who are impatient and do not understand crypto. This is very dangerous and it is better for me to have crypto knowledge myself without giving my experience to others.
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