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Author Topic: Coins with the fastest recovery  (Read 13859 times)

Offline dekafee79

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Re: Coins with the fastest recovery
« Reply #120 on: August 07, 2024, 08:04:58 PM »
Yesterday I had time to follow the voice call event held on Telegram by the owner of the trading group there is important information that I get they say that many people have moved their assets to gold and many people have come out of the market and bought gold and it is evident that lately the price of gold has increased quite high.
Storing gold was also a wise idea to protect assets volatility and as well as the inflation. But what I  think is it is also a quite complicated process to holding or protecting gold. Like I don't trust banks and if I want to hold on my home this is also risky.

And if I talk about the current market situation then I will still say this is an opportunity to adapt some bitcoin for long-term and those people who are selling their bitcoin or others crypto assets those are trapped by the FUD.
I think it is safer to store assets in crypto than gold, because gold needs a safe place to store it. Bitcoin is more profitable even though it is volatile, because we can take advantage of bitcoin's volatility. but if you don't have knowledge in crypto, it's better to store the set in the form of gold, it's safer, just store and hold until the gold price goes up.

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Re: Coins with the fastest recovery
« Reply #120 on: August 07, 2024, 08:04:58 PM »

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Online taufik123

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Re: Coins with the fastest recovery
« Reply #121 on: August 07, 2024, 08:42:43 PM »
It looks like the current recovery is not like the previous recovery the current recovery looks slower than before but hopefully Bitcoin does not experience a decline again if Bitcoin continues to decline as a result The bullish season will be delayed and there will be a lot of people who will exit the market may switch to gold.
Indeed, it looks slower and can still have the potential to go down again because the current war continues to happen.
There are many negative narratives happening in the global market that affect all sectors of the economy, including crypto.

Now having money in reserve Fiat will be very lucky to buy at a cheaper price, if you buy when the initial decline when bitcoin hit $49k it became a Dip buy this week.

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Re: Coins with the fastest recovery
« Reply #121 on: August 07, 2024, 08:42:43 PM »

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Offline alltalk

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Re: Coins with the fastest recovery
« Reply #122 on: August 07, 2024, 10:57:23 PM »
Indeed, it looks slower and can still have the potential to go down again because the current war continues to happen.
There are many negative narratives happening in the global market that affect all sectors of the economy, including crypto.
It is true that the recovery is a bit slower. There are too many bad news, the war is one of the bad issues. I don't know if war really bring significant impact to crypto price. But I think the situation of US economy and the political issue have big role to lead huge drop in crypto prices. The issue of recession and many of big players sell their assets make crypto investors be afraid of the future investment. So, it makes sense if there is a big drop in the demand of crypto recently.

Now having money in reserve Fiat will be very lucky to buy at a cheaper price, if you buy when the initial decline when bitcoin hit $49k it became a Dip buy this week.
Yes, it is a good time to buy at cheap price. If there is someone who buys at $49k, they already get profits now.  :D
But you say, there is a chance of a more drop. What is the possible lowest price in the current downtrend? Do you think the price will drop to $40k?

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Offline yohananaomi

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Re: Coins with the fastest recovery
« Reply #123 on: August 08, 2024, 05:40:00 AM »
Yesterday I had time to follow the voice call event held on Telegram by the owner of the trading group there is important information that I get they say that many people have moved their assets to gold and many people have come out of the market and bought gold and it is evident that lately the price of gold has increased quite high.
Storing gold was also a wise idea to protect assets volatility and as well as the inflation. But what I  think is it is also a quite complicated process to holding or protecting gold. Like I don't trust banks and if I want to hold on my home this is also risky.

And if I talk about the current market situation then I will still say this is an opportunity to adapt some bitcoin for long-term and those people who are selling their bitcoin or others crypto assets those are trapped by the FUD.
I think it is safer to store assets in crypto than gold, because gold needs a safe place to store it. Bitcoin is more profitable even though it is volatile, because we can take advantage of bitcoin's volatility. but if you don't have knowledge in crypto, it's better to store the set in the form of gold, it's safer, just store and hold until the gold price goes up.
But indeed, there are still many who use gold as a fairly good asset, but if you compare it to crypto, of course, what you said is very true that it is easier to manage and store crypto assets than gold, but indeed, the influence of knowledge greatly influences the choice, because those who still choose gold, because they are used to it and do not know about new and more profitable assets. Believe that in time many will move to crypto assets and it does take time.

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Re: Coins with the fastest recovery
« Reply #124 on: August 08, 2024, 08:07:40 PM »
Yes, it is a good time to buy at cheap price. If there is someone who buys at $49k, they already get profits now.  :D
But you say, there is a chance of a more drop. What is the possible lowest price in the current downtrend? Do you think the price will drop to $40k?
It is possible if there is really another decline and a negative narrative or FUD that leads to the instability of the global economic market such as effects due to war, SEC regulation, ETFs etc.

Strong support for Bitcoin is currently at $49k and if it can be broken it will continue to decline to $46k-$35k.

But now Bitcoin is attempting a breakout at the $60k resistance which is the Flip Trend Area which will then rise until it reaches the price of $65k++ which is the Uptrend Console.


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Re: Coins with the fastest recovery
« Reply #125 on: August 08, 2024, 08:42:45 PM »
It looks like the current recovery is not like the previous recovery the current recovery looks slower than before but hopefully Bitcoin does not experience a decline again if Bitcoin continues to decline as a result The bullish season will be delayed and there will be a lot of people who will exit the market may switch to gold.
Indeed, it looks slower and can still have the potential to go down again because the current war continues to happen.
There are many negative narratives happening in the global market that affect all sectors of the economy, including crypto.

Now having money in reserve Fiat will be very lucky to buy at a cheaper price, if you buy when the initial decline when bitcoin hit $49k it became a Dip buy this week.
I believe this recent price decline might be as a result of price correction and currently price is gradually picking up. But I noticed something as well, after Former US President Trump was invited for the Crypto gathering last week or thereabout, the price picked up and after a few days there was a strange and strong decline in price after  that event. Do you not think that was a sign of Bitcoin price corrections and about taking off to a new all time high? Looking at the fact that this happened investors are gradually hold their positions and waiting for it to happen so fast. Currently now the price of Bitcoin picked up amd heading back to $60k.
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Offline luckyledger

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Re: Coins with the fastest recovery
« Reply #126 on: August 08, 2024, 09:31:30 PM »
Yes, it is a good time to buy at cheap price. If there is someone who buys at $49k, they already get profits now.  :D
But you say, there is a chance of a more drop. What is the possible lowest price in the current downtrend? Do you think the price will drop to $40k?
It is possible if there is really another decline and a negative narrative or FUD that leads to the instability of the global economic market such as effects due to war, SEC regulation, ETFs etc.

Strong support for Bitcoin is currently at $49k and if it can be broken it will continue to decline to $46k-$35k.

But now Bitcoin is attempting a breakout at the $60k resistance which is the Flip Trend Area which will then rise until it reaches the price of $65k++ which is the Uptrend Console.



I too think about the possibility of going back to $46-35k, it's not that far from reality. Afterward, there should be growth ;)

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Re: Coins with the fastest recovery
« Reply #126 on: August 08, 2024, 09:31:30 PM »


Offline yohananaomi

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Re: Coins with the fastest recovery
« Reply #127 on: August 09, 2024, 05:19:22 AM »
It looks like the current recovery is not like the previous recovery the current recovery looks slower than before but hopefully Bitcoin does not experience a decline again if Bitcoin continues to decline as a result The bullish season will be delayed and there will be a lot of people who will exit the market may switch to gold.
Indeed, it looks slower and can still have the potential to go down again because the current war continues to happen.
There are many negative narratives happening in the global market that affect all sectors of the economy, including crypto.

Now having money in reserve Fiat will be very lucky to buy at a cheaper price, if you buy when the initial decline when bitcoin hit $49k it became a Dip buy this week.
I believe this recent price decline might be as a result of price correction and currently price is gradually picking up. But I noticed something as well, after Former US President Trump was invited for the Crypto gathering last week or thereabout, the price picked up and after a few days there was a strange and strong decline in price after  that event. Do you not think that was a sign of Bitcoin price corrections and about taking off to a new all time high? Looking at the fact that this happened investors are gradually hold their positions and waiting for it to happen so fast. Currently now the price of Bitcoin picked up amd heading back to $60k.
This kind of incident has happened several times in the past few months and there has been no significant change. That after increasing and not reaching ATH, then it is certain that there will be another correction, after that it will increase again. It seems that this behavior will occur until the end of this year.
I strongly agree that the correction is to be able to push Bitcoin to reach its best point at the right time, but it still takes more time to achieve that, and it takes patience to wait for it. I think this behavior will continue to occur until the end of the year when it will determine whether the beginning of next year will move up or not.

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Re: Coins with the fastest recovery
« Reply #128 on: August 09, 2024, 05:41:12 PM »
It looks like the current recovery is not like the previous recovery the current recovery looks slower than before but hopefully Bitcoin does not experience a decline again if Bitcoin continues to decline as a result The bullish season will be delayed and there will be a lot of people who will exit the market may switch to gold.
Indeed, it looks slower and can still have the potential to go down again because the current war continues to happen.
There are many negative narratives happening in the global market that affect all sectors of the economy, including crypto.

Now having money in reserve Fiat will be very lucky to buy at a cheaper price, if you buy when the initial decline when bitcoin hit $49k it became a Dip buy this week.
I believe this recent price decline might be as a result of price correction and currently price is gradually picking up. But I noticed something as well, after Former US President Trump was invited for the Crypto gathering last week or thereabout, the price picked up and after a few days there was a strange and strong decline in price after  that event. Do you not think that was a sign of Bitcoin price corrections and about taking off to a new all time high? Looking at the fact that this happened investors are gradually hold their positions and waiting for it to happen so fast. Currently now the price of Bitcoin picked up amd heading back to $60k.
This kind of incident has happened several times in the past few months and there has been no significant change. That after increasing and not reaching ATH, then it is certain that there will be another correction, after that it will increase again. It seems that this behavior will occur until the end of this year.
I strongly agree that the correction is to be able to push Bitcoin to reach its best point at the right time, but it still takes more time to achieve that, and it takes patience to wait for it. I think this behavior will continue to occur until the end of the year when it will determine whether the beginning of next year will move up or not.

I have also been having some thoughts about what you have said. There have been some predictions that Bitcoin could hit s new all time high this year and since after the halving, there have been this up and down of price and corrections I must say. Looking at this, I could deduce that an all time high is imminent and around the corner. Possibly the forth coming US elections can trigger it so if Trump wins the election because all I could see now that is likely causing this dip is strong purchase at the lowest and gearing up for the new all time high.
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Re: Coins with the fastest recovery
« Reply #129 on: August 10, 2024, 10:21:56 AM »
It looks like the current recovery is not like the previous recovery the current recovery looks slower than before but hopefully Bitcoin does not experience a decline again if Bitcoin continues to decline as a result The bullish season will be delayed and there will be a lot of people who will exit the market may switch to gold.
Indeed, it looks slower and can still have the potential to go down again because the current war continues to happen.
There are many negative narratives happening in the global market that affect all sectors of the economy, including crypto.

Now having money in reserve Fiat will be very lucky to buy at a cheaper price, if you buy when the initial decline when bitcoin hit $49k it became a Dip buy this week.
I believe this recent price decline might be as a result of price correction and currently price is gradually picking up. But I noticed something as well, after Former US President Trump was invited for the Crypto gathering last week or thereabout, the price picked up and after a few days there was a strange and strong decline in price after  that event. Do you not think that was a sign of Bitcoin price corrections and about taking off to a new all time high? Looking at the fact that this happened investors are gradually hold their positions and waiting for it to happen so fast. Currently now the price of Bitcoin picked up amd heading back to $60k.
Usually the collapse of the Bitcoin price occurs because of bad news that is exploited by whales. They move the Bitcoin price not as easily as we imagine. Trump is indeed being talked about a lot by people but basically whales do not lower the price as deep as this, they first lower the price at a certain point until finally making market conditions panic and finally traders who are easily panicked sell their assets at low prices.

At least we can see the price manipulation clearly visible in Bitcoin, for those who are already aware of this, they must be able to take advantage of price movements well to make as much profit as possible.

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Re: Coins with the fastest recovery
« Reply #130 on: August 10, 2024, 09:08:40 PM »
Yesterday I had time to follow the voice call event held on Telegram by the owner of the trading group there is important information that I get they say that many people have moved their assets to gold and many people have come out of the market and bought gold and it is evident that lately the price of gold has increased quite high.
Storing gold was also a wise idea to protect assets volatility and as well as the inflation. But what I  think is it is also a quite complicated process to holding or protecting gold. Like I don't trust banks and if I want to hold on my home this is also risky.

And if I talk about the current market situation then I will still say this is an opportunity to adapt some bitcoin for long-term and those people who are selling their bitcoin or others crypto assets those are trapped by the FUD.
If you don't trust banks to store your gold, there are now gold depository services that adopt a sharia operating system.
No project can avoid FUD, a project as big as Ethereum is also exposed to FUD, lately many from the outsider group have made fake news about Ethereum.

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Re: Coins with the fastest recovery
« Reply #131 on: August 10, 2024, 09:35:59 PM »
It looks like the current recovery is not like the previous recovery the current recovery looks slower than before but hopefully Bitcoin does not experience a decline again if Bitcoin continues to decline as a result The bullish season will be delayed and there will be a lot of people who will exit the market may switch to gold.
Indeed, it looks slower and can still have the potential to go down again because the current war continues to happen.
There are many negative narratives happening in the global market that affect all sectors of the economy, including crypto.

Now having money in reserve Fiat will be very lucky to buy at a cheaper price, if you buy when the initial decline when bitcoin hit $49k it became a Dip buy this week.
I believe this recent price decline might be as a result of price correction and currently price is gradually picking up. But I noticed something as well, after Former US President Trump was invited for the Crypto gathering last week or thereabout, the price picked up and after a few days there was a strange and strong decline in price after  that event. Do you not think that was a sign of Bitcoin price corrections and about taking off to a new all time high? Looking at the fact that this happened investors are gradually hold their positions and waiting for it to happen so fast. Currently now the price of Bitcoin picked up amd heading back to $60k.
Usually the collapse of the Bitcoin price occurs because of bad news that is exploited by whales. They move the Bitcoin price not as easily as we imagine. Trump is indeed being talked about a lot by people but basically whales do not lower the price as deep as this, they first lower the price at a certain point until finally making market conditions panic and finally traders who are easily panicked sell their assets at low prices.

At least we can see the price manipulation clearly visible in Bitcoin, for those who are already aware of this, they must be able to take advantage of price movements well to make as much profit as possible.
It is normal that whales are very much active in market price manipulation and they do that for reasons being that they could accumulate more at the cheapest rates then they carry about another agenda to pump back the price up so that they could sell and make more profit. If you have been in the industry for long you would know that  it is a norm amongst the  whales to always want to control the market as it could benefit them. Well the truth is that dips always benefits every one who took advantage of it by taking a buy position at the cheapest point when the market is down.

As for President Trump, it is known that he is now a Crypto crusader together with his running mate and they are gradually winning the race but I hope and pray he sticks to his promises as he has said because he is gaining momentum as a result of his campaign for Crypto adoption and implementation.
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Re: Coins with the fastest recovery
« Reply #132 on: August 11, 2024, 08:41:12 AM »
If you don't trust banks to store your gold, there are now gold depository services that adopt a sharia operating system.
No project can avoid FUD, a project as big as Ethereum is also exposed to FUD, lately many from the outsider group have made fake news about Ethereum.
Dude,  You are talking about the gold  depository services I don't trust them more than bank and I don't know about the sharia operating system. Actually I don't believe in any 4rd party for storing my fund and hold.
And talking about the FUD I think there is a little mistake and that is FUD spread in peoples not in the Project so there is nothing about that they can avoid it or not. But indirectly yes project are affected by the FUD.

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Re: Coins with the fastest recovery
« Reply #133 on: August 11, 2024, 02:58:01 PM »
Yesterday I had time to follow the voice call event held on Telegram by the owner of the trading group there is important information that I get they say that many people have moved their assets to gold and many people have come out of the market and bought gold and it is evident that lately the price of gold has increased quite high.
Storing gold was also a wise idea to protect assets volatility and as well as the inflation. But what I  think is it is also a quite complicated process to holding or protecting gold. Like I don't trust banks and if I want to hold on my home this is also risky.

And if I talk about the current market situation then I will still say this is an opportunity to adapt some bitcoin for long-term and those people who are selling their bitcoin or others crypto assets those are trapped by the FUD.
I think it is safer to store assets in crypto than gold, because gold needs a safe place to store it. Bitcoin is more profitable even though it is volatile, because we can take advantage of bitcoin's volatility. but if you don't have knowledge in crypto, it's better to store the set in the form of gold, it's safer, just store and hold until the gold price goes up.
Storing your asset on gold is good but in the long term, you will make little profit and if your gold is kept in the bank, you pay for the fee. Bitcoin is volatile but since it is an investment there is no need to worry about the volatile nature because if you can hodli for long till old age, you will surely make good profit compared to gold because the price of bitcoin keeps increasing in value overtime. Keeping your bitcoin in your self custody wallet is the best and no fee to be paid or no one will know how much your investment is worth.

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Re: Coins with the fastest recovery
« Reply #134 on: August 11, 2024, 08:42:24 PM »
Storing your asset on gold is good but in the long term, you will make little profit and if your gold is kept in the bank, you pay for the fee. Bitcoin is volatile but since it is an investment there is no need to worry about the volatile nature because if you can hodli for long till old age, you will surely make good profit compared to gold because the price of bitcoin keeps increasing in value overtime. Keeping your bitcoin in your self custody wallet is the best and no fee to be paid or no one will know how much your investment is worth.
Storing fund in cryptocurrency is the easiest way to holding the fund But what I think it is also good to spread your fund on all sector like some cash in hand some in bank.

And In cryptocurrency based on your fund if you can run your life without doing this then you should can long-term strategy on bitcoin it has the volatile market but it is also a best way to be my assets with some earning. Here I want to also say that the user should also have the done hold their fund on stable cryptocurrency to handle the volatile situation on the market.

 

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