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Re: Factors that's why others are hesitant to start in crypto
This topic is Interesting and we need to examine why many people may still hesitate to start in crypto.
Based on my observation, a number of people seem to hold back from investing in cryptocurrency due to the dearth of knowledge coupled with the dread of financial loss. Fortunately, there is a strategy to avert these risks. By seeking knowledge. The wider your comprehension of cryptocurrency, the better decisions you can make. This is probably one of the most important things when investing in anything, and it applies to cryptocurrencies too.
I was in that position too. I didn't understand anything at first. I don't understand many things even today. But I learn something new every day. As for the investment, I'm still cautious. I don't have a lot of money, so I spend every dollar carefully. Here I learned that DCA is by all accounts the best investment method for beginners, so every month I set aside a portion of my income and invest in crypto. So far I'm happy with the result.
An entire month now of higher highs on the weekends, always starting on Friday, stretching a couple of days, and then pullback mid-week. Don't know about you guys but that really looks like momentum building en route to ATH test.
Really looks like 50k could be the marker for the rally everyone's waiting for but I personally think the ATH will be the catalyst; we're going to be oscillating like the last 4 weeks in higher ranges until 60k.
Really looks like 50k could be the marker for the rally everyone's waiting for but I personally think the ATH will be the catalyst; we're going to be oscillating like the last 4 weeks in higher ranges until 60k.
Yes, bitcoin is poised to make a sharp bearish move in the near future. Should bitcoin break the $55,000-$56,000 level, the recent bullish pattern will complete and the odds of bitcoin breaking $60,000 in the near future will be quite high. The large distance between the current price of bitcoin and the $60,000 price can be considered a healthy distance.
Bitcoin breaking the $60,000 level will cause a major rally in cryptocurrencies. Therefore, the cryptocurrency market has great potential to rise from here.
As of now, bitcoin is trying to move towards $50,000. This is the major resistance as well as the weekly resistance area. Thus, if bitcoin breaks the $50,000 mark and makes a sharp bearish move, the next target will be $53,000 and $56,000 area.
Overhyping of cryptos and FOMO are the reasons behind the recent hysteria in this market. One thing that remains clear, people are using and trading crypto as an investment. So it means they are getting trapped in this madness. Best of luck and let’s see what happens in the next few weeks.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Is the bill/amendment news a dead duck now then? Do we just not care? 
Simply put, we just don't care.
13) Ciryl Gane
12) Pedro Munhoz
11) Michael Chiesa
10) Tecia Torres
9) Yadong Song
8 Rafael Fiziev
7) Drako Rodriguez
6) Alonzo Menifield
5) Jessica Penne
4) Manel Kape
3) Anderson dos Santos
2) Melissa Gatto
1) Johnny Munoz Jr.
56 strikes
12) Pedro Munhoz
11) Michael Chiesa
10) Tecia Torres
9) Yadong Song
8 Rafael Fiziev
7) Drako Rodriguez
6) Alonzo Menifield
5) Jessica Penne
4) Manel Kape
3) Anderson dos Santos
2) Melissa Gatto
1) Johnny Munoz Jr.
56 strikes