The impact of crypto on our lives

[yohananaomi]

How are your emotions and mood in this crypto market? Do you expect crypto to be an opportunity to change your life? Or do you look forward to more practical benefits of blockchain technology for the world?

It's both because Cryptocurrency interest lies on these two features the technology that the world can use for its betterment, and the potential for profit to its investors.
Although it has both, there's a lot of risks for investors because of its high volatility and the so many fake developers that's hounded the community.
So its better for those who will engage to this technology to arm themselves with the knowledge on how this technology works to integrate on many sectors and how to make profit as well.

you are right the advantage that we can have in investing in crypto is the technological advancement that we can use and also can get profit from investing in crypto.
although many fake developers who make fake projects, as investors we must be careful and always do research when investing in new projects.

Renewable technological progress, if used correctly, like Crypto, of course, will be able to contribute to those who use it. Much that can be done with crypto, especially, is an attractive investment by being able to provide a very memorable profit.
All are given the ability to analyze first before doing anything, to Crypto, including, of course, a new project to introduce Crypto and give promises that will definitely be profitable but if we are wrong we will get fraud. For that, I agree with you always doing previous research.

[Blaze]

How are your emotions and mood in this crypto market? Do you expect crypto to be an opportunity to change your life? Or do you look forward to more practical benefits of blockchain technology for the world?

It's both because Cryptocurrency interest lies on these two features the technology that the world can use for its betterment, and the potential for profit to its investors.
Although it has both, there's a lot of risks for investors because of its high volatility and the so many fake developers that's hounded the community.
So its better for those who will engage to this technology to arm themselves with the knowledge on how this technology works to integrate on many sectors and how to make profit as well.

you are right the advantage that we can have in investing in crypto is the technological advancement that we can use and also can get profit from investing in crypto.
although many fake developers who make fake projects, as investors we must be careful and always do research when investing in new projects.

The technological possibilities provided by the crypto world do allow us to participate in innovation while drawing profit. However, this opportunity is not without the requirement to grasp the underlying technology of the assets we invest in. With an increasing number of projects appearing, we need to understand what a true project is and whether it can be motivated by participation in activities for years or is looking for profits today.

Due to our assets, detailed research problems are very significant, especially regarding the credibility and the growth opportunities of new propositions. We have to lookup who is behind the development and who backs it, and what the project aims to do. Therefore, it can be realised that there is the presence of proper potential for projects as well as there can be the absence of proper potential for projects. Comprehensive consideration will generate better confidence for the investment steps taken.

[MrSpasybo]

The technological possibilities provided by the crypto world do allow us to participate in innovation while drawing profit. However, this opportunity is not without the requirement to grasp the underlying technology of the assets we invest in. With an increasing number of projects appearing, we need to understand what a true project is and whether it can be motivated by participation in activities for years or is looking for profits today.

Due to our assets, detailed research problems are very significant, especially regarding the credibility and the growth opportunities of new propositions. We have to lookup who is behind the development and who backs it, and what the project aims to do. Therefore, it can be realised that there is the presence of proper potential for projects as well as there can be the absence of proper potential for projects. Comprehensive consideration will generate better confidence for the investment steps taken.

Yeah, currently most people participating in the crypto wave are not technology experts or see the potential and value of blockchain technology in the future in all fields from education to supply chains. The majority are investors and they focus on the financial factor when buying, holding, or trading tokens.

The skills they want to learn are market analysis, tokenomics analysis, psychological analysis, and macroeconomic news analysis to generate maximum profits. The solutions that projects propose are only considered as a narrative to attract capital and drive price increases. I don't oppose this because I myself cannot yet imagine a world that uses blockchain as widely as IoT does today ^^

[yohananaomi]

          -     I'm just in my assessment; from what I've observed and noticed, isn't it when Bitcoin has a rally that most of the top altcoins also rally, in which for me it seems like there's also a bull run in altcoins when this happens to bitcoin? Other communities here in the crypto industry are probably noticing this as well.

Though the only thing I know is that when the time of the alts season really comes, we as holders need to know how to read what is happening in the market so that we can sell the crypto assets we hold at the right time. So it's really important that we have a price target.

Theoretically and has often happened, what you said is true, that if bitcoin experiences something, it is certain that potential altcoins will definitely follow it, and it is rare for altcoins to get out of the path of what bitcoin is doing.
I agree, when the altcoin season does arrive, what is of concern as an investor is to be able to pay close attention to the market so that, when executing, it is not too late and can get maximum value.

[rizqillah]

          -     I'm just in my assessment; from what I've observed and noticed, isn't it when Bitcoin has a rally that most of the top altcoins also rally, in which for me it seems like there's also a bull run in altcoins when this happens to bitcoin? Other communities here in the crypto industry are probably noticing this as well.

Though the only thing I know is that when the time of the alts season really comes, we as holders need to know how to read what is happening in the market so that we can sell the crypto assets we hold at the right time. So it's really important that we have a price target.

Theoretically and has often happened, what you said is true, that if bitcoin experiences something, it is certain that potential altcoins will definitely follow it, and it is rare for altcoins to get out of the path of what bitcoin is doing.
I agree, when the altcoin season does arrive, what is of concern as an investor is to be able to pay close attention to the market so that, when executing, it is not too late and can get maximum value.

Altcoin will always follow what happens to bitcoin because bitcoin is a king that should be followed by its people. And we see every time the price of bitcoin goes up, the price of altcoin also goes up even though the increase is not always the same.
Currently, as we see, the price of bitcoin has touched $98K, but the increase in altcoin is not that high.

[Tribalchief]

~snip

Theoretically and has often happened, what you said is true, that if bitcoin experiences something, it is certain that potential altcoins will definitely follow it, and it is rare for altcoins to get out of the path of what bitcoin is doing.
I agree, when the altcoin season does arrive, what is of concern as an investor is to be able to pay close attention to the market so that, when executing, it is not too late and can get maximum value.

Bitcoin has always been the center of attraction/focus, which in most cases, even altcoin hodlers tends to understand it more than the altcoins that they hold. Bitcoin's movements is more flexible, and we tend to experience more of it's bullish movement, which is unlike altcoins that comes once in a long while.

And you're right by suggesting that altcoin hodlers needs to understand how the market works, which i believe will help them to make quick exit with enough profits whenever it is required. Because, missing out from any altcoin bullish movement can cost an investor years to get that same opportunity again, which is unlike bitcoin.

[MrSpasybo]

Bitcoin has always been the center of attraction/focus, which in most cases, even altcoin hodlers tends to understand it more than the altcoins that they hold. Bitcoin's movements is more flexible, and we tend to experience more of it's bullish movement, which is unlike altcoins that comes once in a long while.

And you're right by suggesting that altcoin hodlers needs to understand how the market works, which i believe will help them to make quick exit with enough profits whenever it is required. Because, missing out from any altcoin bullish movement can cost an investor years to get that same opportunity again, which is unlike bitcoin.

Yeah, this is the advantage that makes BTC the choice of large investment funds when they have a high demand for security and guaranteed long-term profits. ALTs may have rapid price increases but we cannot be sure if they will continue to come back and create new ATHs in the next cycle. Many large ALTs that were once very successful have failed such as XRP, EOS, NEO, XTZ, BCH...

ALTs investors will need to be sober enough to manage greed intelligently. They need to escape the temptation of profits and promises of technology as well as some revolution in the way some fields apply blockchain. Crypto can really make us think more pragmatically to survive in the market.

[yohananaomi]

          -     I'm just in my assessment; from what I've observed and noticed, isn't it when Bitcoin has a rally that most of the top altcoins also rally, in which for me it seems like there's also a bull run in altcoins when this happens to bitcoin? Other communities here in the crypto industry are probably noticing this as well.

Though the only thing I know is that when the time of the alts season really comes, we as holders need to know how to read what is happening in the market so that we can sell the crypto assets we hold at the right time. So it's really important that we have a price target.

Theoretically and has often happened, what you said is true, that if bitcoin experiences something, it is certain that potential altcoins will definitely follow it, and it is rare for altcoins to get out of the path of what bitcoin is doing.
I agree, when the altcoin season does arrive, what is of concern as an investor is to be able to pay close attention to the market so that, when executing, it is not too late and can get maximum value.

Altcoin will always follow what happens to bitcoin because bitcoin is a king that should be followed by its people. And we see every time the price of bitcoin goes up, the price of altcoin also goes up even though the increase is not always the same.
Currently, as we see, the price of bitcoin has touched $98K, but the increase in altcoin is not that high.

This is because bitcoin is too fast to increase, and the corrections are also quite high, so that altcoins that have been able to follow, finally stopped with the movement.
Two days ago, bitcoin almost touched $ 100K and did not reach

and now it is back down again. This kind of movement is difficult for altcoins to follow, but we are certainly optimistic that in time altcoins will also be able to reach their renewable ATH, just waiting for the momentum to come, because so far altcoins have always followed the movement of bitcoin.

[Baki202]

I have been in this crypto market for several years and have many complex emotions and memories with it. For those participating in this market, many friends sold their houses and borrowed to invest in crypto when they suffered from FOMO, I saw many people become rich, and others dragged their whole families into poverty and debt. Worst of all, many people seek death to escape the obsession of loss and responsibility.

The majority choose not to participate in this market, but they are also divided into 3 factions by the crypto "demon": the first faction regrets the opportunity to get rich, the second faction continues to be afraid and needs a lot of time to observe, the third faction hates and condemns crypto.

Many meetings turned into arguments about crypto and fiat, many friendships broke down because of some financial investment advice... Honestly, I saw more sadness than joy. Perhaps the majority must lose money for the smaller portion to profit, that is the rule of every market, even though the economy continues to develop in a positive direction.

Right now, when the market has recovered extremely impressively in 2023, many people are so drawn to the market that they check the chart and profit/loss all day long, complaining of not being able to concentrate on work. But I think: I need to work harder to have more money to DCA more crypto. Maybe because I don't have any loans, my expectations are not great and the DCA strategy is generating profits instead of losses. I prefer to follow development and adoption progress of blockchain technology rather than being happy or sad with the price chart.

How are your emotions and mood in this crypto market? Do you expect crypto to be an opportunity to change your life? Or do you look forward to more practical benefits of blockchain technology for the world?

As humans we all have our own specific unique set of character traits so everyone's emotion is going to differ while they are trading, that being said as an individual you need to figure out your own set of character traits and how you can potentially prevent those bad qualities from deterring you in your trading. Some tips I'd like to recommend that have really helped me throughout my trading journey is ..

One is always have a set trading plan, have your entry points, your profit target and your stop losses all set prior to taking that trade

The second thing that helped me is set of rules.. when I was a new reader I had a swt if rules that I followed and it really helped me greatly, if you have to you can print them out, put them on your screen, make notes about them whatever you have to do in order for you to follow your eules

And the third and most important thing in my personal opinion is  making sure that you are applying that same emotional control in your daily life

[lombok]

This is because bitcoin is too fast to increase, and the corrections are also quite high, so that altcoins that have been able to follow, finally stopped with the movement.
Two days ago, bitcoin almost touched $ 100K and did not reach
~
and now it is back down again. This kind of movement is difficult for altcoins to follow, but we are certainly optimistic that in time altcoins will also be able to reach their renewable ATH, just waiting for the momentum to come, because so far altcoins have always followed the movement of bitcoin.

Because Bitcoin can move so wildly in terms of it’s price, it sometimes makes altcoins look like they are trailing behind. Now, this is not a weakness, it’s rather the norm in the crypto market, usually price correction. The next price movement when bitcoin does have a sharp price increase is always a price correction.

Altcoins tend to take a lot of time to figure out a good time to adjust to the price of Bitcoin. The patience in face of such situation will help us find a greater potential in the future. If the predicted alt coin season is next year, as it is expected to, we should trust that we wait and stay patient for that season. Imagine that in 14 years this is how much we would have made if we bought Bitcoin in the beginning.

[milewilda]

          -     I'm just in my assessment; from what I've observed and noticed, isn't it when Bitcoin has a rally that most of the top altcoins also rally, in which for me it seems like there's also a bull run in altcoins when this happens to bitcoin? Other communities here in the crypto industry are probably noticing this as well.

Though the only thing I know is that when the time of the alts season really comes, we as holders need to know how to read what is happening in the market so that we can sell the crypto assets we hold at the right time. So it's really important that we have a price target.

Theoretically and has often happened, what you said is true, that if bitcoin experiences something, it is certain that potential altcoins will definitely follow it, and it is rare for altcoins to get out of the path of what bitcoin is doing.
I agree, when the altcoin season does arrive, what is of concern as an investor is to be able to pay close attention to the market so that, when executing, it is not too late and can get maximum value.

Altcoin will always follow what happens to bitcoin because bitcoin is a king that should be followed by its people. And we see every time the price of bitcoin goes up, the price of altcoin also goes up even though the increase is not always the same.
Currently, as we see, the price of bitcoin has touched $98K, but the increase in altcoin is not that high.

This is because bitcoin is too fast to increase, and the corrections are also quite high, so that altcoins that have been able to follow, finally stopped with the movement.
Two days ago, bitcoin almost touched $ 100K and did not reach

and now it is back down again. This kind of movement is difficult for altcoins to follow, but we are certainly optimistic that in time altcoins will also be able to reach their renewable ATH, just waiting for the momentum to come, because so far altcoins have always followed the movement of bitcoin.

Currently on $92,400 as of this writing based up on preev.com on which this is really that somewhat being expected because $100k price isnt something a resistance that could really be easily be break but if there would really be some further positive sentiments or news then its possible that we might be seeing another peak or all time high. We cant be sure on when it would happen
but this is something which is really that inevitable but of course there's no guarantee on what would happen into this market. Lets just be sure that we have placed ourselves at the bottom
and made out that cheaper entry so that on the moment that it will pump then we would be making profits.

[yohananaomi]

          -     I'm just in my assessment; from what I've observed and noticed, isn't it when Bitcoin has a rally that most of the top altcoins also rally, in which for me it seems like there's also a bull run in altcoins when this happens to bitcoin? Other communities here in the crypto industry are probably noticing this as well.

Though the only thing I know is that when the time of the alts season really comes, we as holders need to know how to read what is happening in the market so that we can sell the crypto assets we hold at the right time. So it's really important that we have a price target.

Theoretically and has often happened, what you said is true, that if bitcoin experiences something, it is certain that potential altcoins will definitely follow it, and it is rare for altcoins to get out of the path of what bitcoin is doing.
I agree, when the altcoin season does arrive, what is of concern as an investor is to be able to pay close attention to the market so that, when executing, it is not too late and can get maximum value.

Altcoin will always follow what happens to bitcoin because bitcoin is a king that should be followed by its people. And we see every time the price of bitcoin goes up, the price of altcoin also goes up even though the increase is not always the same.
Currently, as we see, the price of bitcoin has touched $98K, but the increase in altcoin is not that high.

This is because bitcoin is too fast to increase, and the corrections are also quite high, so that altcoins that have been able to follow, finally stopped with the movement.
Two days ago, bitcoin almost touched $ 100K and did not reach

and now it is back down again. This kind of movement is difficult for altcoins to follow, but we are certainly optimistic that in time altcoins will also be able to reach their renewable ATH, just waiting for the momentum to come, because so far altcoins have always followed the movement of bitcoin.

Currently on $92,400 as of this writing based up on preev.com on which this is really that somewhat being expected because $100k price isnt something a resistance that could really be easily be break but if there would really be some further positive sentiments or news then its possible that we might be seeing another peak or all time high. We cant be sure on when it would happen
but this is something which is really that inevitable but of course there's no guarantee on what would happen into this market. Lets just be sure that we have placed ourselves at the bottom
and made out that cheaper entry so that on the moment that it will pump then we would be making profits.

The reality is that it is not easy to get past $100K as there has been a fairly high correction at the moment, but I strongly believe that with every correction there will be a bounce back which may be bigger than what has been made, and we need to be patient for that. It is indeed difficult to determine the market, and you are right that there is no exact guarantee to be able to determine the market situation that will occur, and we should always be prepared for anything that might happen, including what you said about placing in a possibly lower position to reach higher with the benefits that can be enjoyed.

[satpol_PP]

The reality is that it is not easy to get past $100K as there has been a fairly high correction at the moment, but I strongly believe that with every correction there will be a bounce back which may be bigger than what has been made, and we need to be patient for that. It is indeed difficult to determine the market, and you are right that there is no exact guarantee to be able to determine the market situation that will occur, and we should always be prepared for anything that might happen, including what you said about placing in a possibly lower position to reach higher with the benefits that can be enjoyed.

I agree with you after the correction there will be a bounce, so we should focus on the correction this time. We prepare capital to buy potential coins during the correction because this is our opportunity to be able to buy altcoins when the price is still low because it is possible that after the correction the price of bitcoin and altcoin will rise again.

[smartaction]

The reality is that it is not easy to get past $100K as there has been a fairly high correction at the moment, but I strongly believe that with every correction there will be a bounce back which may be bigger than what has been made, and we need to be patient for that. It is indeed difficult to determine the market, and you are right that there is no exact guarantee to be able to determine the market situation that will occur, and we should always be prepared for anything that might happen, including what you said about placing in a possibly lower position to reach higher with the benefits that can be enjoyed.

It has become very difficult to predict the market situation, but we will have to see how the market situation develops in the coming days. I hope Bitcoin will cross $100K next year. I have made a good amount of profit by investing in Bitcoin this year. Thus, if the market situation is good, it will be much easier to make a profit by investing, but sometimes it becomes very difficult to understand the market situation and at that time it is very difficult to make a profit by investing.

[MrSpasybo]

It has become very difficult to predict the market situation, but we will have to see how the market situation develops in the coming days. I hope Bitcoin will cross $100K next year. I have made a good amount of profit by investing in Bitcoin this year. Thus, if the market situation is good, it will be much easier to make a profit by investing, but sometimes it becomes very difficult to understand the market situation and at that time it is very difficult to make a profit by investing.

Well, it seems like BTC and crypto have become an investment sector that you are extremely focused on and have high expectations for. I also like to predict but I'm a bit more greedy, I think $100K will be conquered this year, and next year will be the journey to $150K-170K.

Looking back at BTC price history, we often see that buying BTC and holding to the target is very simple and easy to generate profits, but when directly participating in the market, things become more complicated. The crypto market is very good at torturing investors psychology and often creates losses for the majority, even if they also have a lot of experience and are very good at predicting.