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Re: Will Bitcoin Always Be in an Uptrend?
by
isabellajones
on 05/06/2024, 04:19:13 UTC
Quote from: Sebas.tian on Today at 04:13:52 AM
Quote from: kentrolla
No, there can never be a single angle like only uptrend or downtrend as most of the time the market would be sideways and occasionally uptrend or downtrend as that's how Bitcoin looks and moreover it's just a misunderstanding of new users that they think the market would always be upwards when they enter market during bull run and vice versa when they enter using bear market.

There will be changes in the market for investors to make use of them positively, because they are very important to investors to purchase Bitcoin during the bearish season and sell when the bullish season appear, which are two things you will be experiencing from Bitcoin as a holders which are bullish season and bearish season.Once the price of Bitcoin is increasing at the moment, you don't need to join other holders to rush to release your Bitcoin because if you exercise patience at the moment for the price to increase more, you will going to make huge amount of income than those that will sold in an hurry. For you to succeed in the uptrend and downtrend you need to prepare well financially and mentally, because once you have the funds in your account when waiting for downtrend, then you can apply wisdom to know the type of coin to purchase and hold for uptrend to appear before you can achieve income.

If you are interested, we can share our insights in the investment field.
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Re: Will Bitcoin Always Be in an Uptrend?
by
isabellajones
on 01/06/2024, 18:32:02 UTC
Quote from: EarnOnVictor on Today at 07:38:28 AM
Quote from: isabellajones on May 30, 2024, 01:08:06 AM
Since the launch of a bitcoin exchange-traded fund earlier this year, bitcoin has recovered and even surpassed its all-time highs set during the 2021 bull run. But for weeks, it looked like the largest cryptocurrency was trading sideways at best.
I am never surprised about what is happening in the world of Bitcoin now, I knew a thing like this might happen where the coin would be begging for liquidity to reach some certain high levels. This is mainly because of FUD and the fact that it has reached a high level that is discouraging for investment, as investors would not want to easily commit their money to it at a high and risky level.

Fine, the ETF saga helped Bitcoin to rise, and that happened before the much-anticipated halving which is now becoming a discouragement for the coin as Bitcoin was unable to hit its ATH after halving till now and it is gradually nearing 2 months now after it. The ETF filing of last year and the dramas attributed to it have changed the narratives in the world of Bitcoin which I believe is not so symbolic in terms of liquidity attracted to Bitcoin itself but only for the sentiment created.

Yet, after the ETF has successfully been approved, what has been so significant about the direct investment into Bitcoin through it? That has been my plight initially that people seem not to understand. This is because Bitcoin is accessible by itself without ETF, so the ETF that people hyped so much might not attract as many direct investments as people thought, just as we see today. Well, time will tell and we are patiently watching. Regardless, for now, nothing serious is to be expected unless the ATH at around $73,850 is breached upward.

I now trade Bitcoin 3 to 4 times a week and it is profitable for me
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Re: Will Bitcoin Always Be in an Uptrend?
by
isabellajones
on 31/05/2024, 16:45:07 UTC
Quote from: Distinctin on Today at 02:08:44 PM
Quote from: el kaka22 on May 30, 2024, 08:41:06 PM
We are still not at the time it should be going up, I get that people think that we are going to get higher and higher, which isn't really that impossible and we may actually do that, but we need to realize that we are going to make some return for sure.

I feel like we just need to give it some time, most usually the fourth quarter is when the increase starts during bull years, and because of that I feel like we have a few more months before we can start. I would suggest getting as much as you can now, before that bull run starts. Obviously, after a year or so, we will peak somewhere at the top, and I would suggest being careful because we are going to end up with a lot more stuff in the end, we should probably just see bear in 2026 most likely.
I believe everyone got high hopes with bitcoin most particularly newbies that we will see bitcoin price in a consistent price increase. I think that would only be possible if bitcoin stops being volatile, and create a fixed upward movement regardless of the condition of the market. However, despite of bitcoin’s unpredictable price, still we are seeing at the moment a slight upward motion for bitcoin, which I think is understandable since we are heading for this year’s bull run.

Yes, patience is the best solution for now. If you can’t do it, then I don’t think you’ll make it big here in the crypto market. Although short term investing with bitcoin is still profitable, but if we can make it big and be patient, that would be more satisfying.

I don't know how your investment has been recently. Have you made any big gains?
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Re: Will Bitcoin Always Be in an Uptrend?
by
isabellajones
on 30/05/2024, 23:33:33 UTC
Quote from: Wexnident on Today at 10:31:47 PM
Quote from: isabellajones on Today at 01:08:06 AM
Since the launch of a bitcoin exchange-traded fund earlier this year, bitcoin has recovered and even surpassed its all-time highs set during the 2021 bull run. But for weeks, it looked like the largest cryptocurrency was trading sideways at best.
No? Pretty obvious that since said surpassing of ATH, bitcoin dipped down once again to 60k. And even then, if you consider how Bitcoin dropped off from 2021s 60k to 15k a couple of months ago, it's pretty obvious. As for it moving sideways, I'd say it's pretty normal? We steamrolled over 40k and 50k after all, if we didn't stop to stabilize I'd be expecting a massive crash afterward that specific pump. And so far we've already seen it return back to close to 70k after all.

If you're asking in general though well so far it's been an uptrend. But there's always going to be a peak for something imo. Just in Bitcoins' case, we haven't reached it (at least from what I see).

I believe it’s impossible for Bitcoin to crash again

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Re: Will Bitcoin Always Be in an Uptrend?
by
isabellajones
on 30/05/2024, 23:10:26 UTC
Quote from: Franctoshi on Today at 09:43:06 PM
Quote from: isabellajones on Today at 01:08:06 AM
Since the launch of a bitcoin exchange-traded fund earlier this year, bitcoin has recovered and even surpassed its all-time highs set during the 2021 bull run. But for weeks, it looked like the largest cryptocurrency was trading sideways at best.
This is how the market works, market has to face accumulation and distribution face, or consolidation in another terms. When you see that the market is moving sideways, it means the market market is currently taking orders Buy/sell orders and after that what will happen next is expansion in the direction of demand or supply side, depending on the side that has greater market bid.

Bitcoin is preparing its way for possibily another explosive movement to the up side and the longer it takes, more massive the movement would become.
Yes, but it has not yet broken through 80k USD. I believe that as time goes by, this will happen in the near future.
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Re: Who has to pay taxes on cryptocurrencies?
by
isabellajones
on 30/05/2024, 18:52:07 UTC
Quote from: philipma1957 on Today at 06:27:59 PM
At op are you fishing 🎣?

maybe people don’t want to reveal they earn enough to be taxed and the county they live in.

I am well known on bitcointalk and many people know me here, so I do not mind telling you:

I live in the USA
I earn enough to be taxed on my crypto.


Sorry, I think you misunderstood me. I am in the United States myself.
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Re: Who has to pay taxes on cryptocurrencies?
by
isabellajones
on 30/05/2024, 18:20:37 UTC
Quote from: DeathAngel on Today at 06:03:41 PM
Most of us trigger a capital gains tax event when we sell any of our Bitcoin for profits. In my country we pay 20% on profits over a small figure. There are many countries that don’t charge any tax at all though on Bitcoin sales.
There’s a list of 16 of the best countries in the world for Bitcoin here https://tokentax.co/blog/crypto-tax-free-countries

then where are you from
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Board Economics
Re: Better Money: Gold, Fiat, Or Bitcoin?
by
isabellajones
on 30/05/2024, 18:00:01 UTC
Quote from: Ricardo11 on April 13, 2024, 09:47:06 AM
Gold, fiat currencies and bitcoin, all three are at high levels, there is any not bad by any means. Gold is not very good for investment, gold is a stable investment, which does not give us much profit, there is no shortage of gold in the world, there will be no shortage of hearing when future gold mines come out, due to which the price of gold may decrease in the future. That is, there is no shortage of gold, but there is a limit for bitcoins, the total supply of bitcoins will be 21 million, that is, the total supply of bitcoins will not exceed 21 million bitcoins in the world, and Bitcoin has already reached over 19.5 million in supply, that is, the price of bitcoins will definitely increase in the future. This means that bitcoin investment is going to be a profitable investment, and besides, people of today prefer to invest more in crypto, for this we do not need any separate place, we can keep bitcoins through our smartphone or computer, which is very safe.


In addition, fiat currency is the easiest means of shopping for the essentials of daily life, currently most of the people of the world buy the essentials of daily life with fiat currency.

Here we can say that all three things are good, we cannot say less than any of them. But still I would say that bitcoin and fiat currencies are above gold.


Bitcoin has high returns, ETH is stable, each has its own advantages and disadvantages
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Topic OP
Who has to pay taxes on cryptocurrencies?
by
isabellajones
on 30/05/2024, 17:52:42 UTC
In the early days of cryptocurrency development, it seemed like a tax-free field. However, the IRS and other regulatory agencies are quickly catching up with the cryptocurrency market. In the future, investors will need to report their transactions and use tax-saving strategies to maximize their total returns in the cryptocurrency market.
Code:
BTC
Code:
cryptocurrencies.

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Re: Will Bitcoin Always Be in an Uptrend?
by
isabellajones
on 30/05/2024, 17:14:51 UTC
Quote from: Dunamisx on Today at 04:42:04 PM
Quote from: isabellajones on Today at 01:08:06 AM
Since the launch of a bitcoin exchange-traded fund earlier this year, bitcoin has recovered and even surpassed its all-time highs set during the 2021 bull run. But for weeks, it looked like the largest cryptocurrency was trading sideways at best.

All these are happening only because you are considering a volatile cryptocurrency called bitcoin, if it does not appears like this, many would not be profitable in it and well as some will not find a means of coming in to invest on it, the same way which means we should always expect the rise and fall of the same coin on each market season, while we are expected to know how the trend goes and the way the market pattern moves in a direction we could easily go along with, make an investment and be profitable. 


Yes, this is something we need to explore together. I also believe that this is profitable.
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Re: Will Bitcoin Always Be in an Uptrend?
by
isabellajones
on 30/05/2024, 16:02:06 UTC
Quote from: Solosanz on Today at 03:26:23 PM
@OP learn how to quote all messages in one reply and don't post in a row since this forum forbid it.

Quote from: mprep on July 21, 2014, 05:27:51 PM
32. Posting multiple posts in a row (excluding bumps and reserved posts by the thread starter) is not allowed.

Bitcoin price will not always rising, Bitcoin isn't a pyramid scheme where people who have invested their money will always grow and risk free after new members invest their money. Check the graph in CMC or Coingecko.

But, Bitcoin will always in uptrend if you hold for long term period.


Let's wait together
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Re: Will Bitcoin Always Be in an Uptrend?
by
isabellajones
on 30/05/2024, 15:35:26 UTC
Quote from: adaseb on Today at 03:43:24 AM
Quote from: isabellajones on Today at 01:08:06 AM
Since the launch of a bitcoin exchange-traded fund earlier this year, bitcoin has recovered and even surpassed its all-time highs set during the 2021 bull run. But for weeks, it looked like the largest cryptocurrency was trading sideways at best.

We are entering summer and usually summer months, especially August. Are going to be very dry. I try and trade as much as I can but it seems there are no opportunies at the moment. Market is going nowhere.

The etfs are still adding bitcoin so it’s obviously bullish long term. We will see what will happen with the ETH etf. It’s very bullish that crypto has went this far in the financial world. It means that the long term growth will always be positive. But I feel the next few weeks and months will be nothing but sideways trading.

The current trading market has shown an upward trend. I believe you have also seen it.
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Re: Will Bitcoin Always Be in an Uptrend?
by
isabellajones
on 30/05/2024, 15:28:50 UTC
Quote from: sotelorene on Today at 03:53:48 AM
Quote from: isabellajones on Today at 01:27:51 AM
I bought 2 bitcoins this morning and it is trending up.

So sorry to ask are you just joking or you mean what you said that you bought 2 Bitcoin this morning. whatever the case maybe, but if it's true that means you must be a billionaire lol... Congrats dear for your great investment I mean that's a huge investment but wait, isn't this suppose to be a private something I mean keep to yourself and you were not even ask in the first place how many BTC you have and for your information Bitcoin won't continue to take that up trend just like they answered above because of nature, the two major characteristics of Bitcoin is the up and down movement so don't be dismayed when it will drop heavily.

I just share it with everyone
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Re: Will Bitcoin Always Be in an Uptrend?
by
isabellajones
on 30/05/2024, 15:14:27 UTC
Quote from: Oshosondy on Today at 01:13:07 AM
There are times the price of bitcoin will not be that volatile but very less volatile within a close price range. There are times the price will fall, like during the bear market. There are some times that the price will increase. We should not always expect the price to continue to increase, there can be sometimes that can look like stagnation but the price of bitcoin will later surpasses that price and more vitality would be seen.


When all investments maintain a stable trend, how are your recent investments?
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Board Bitcoin Discussion
Re: Did you start investing in bitcoin because of some celebrity ?
by
isabellajones
on 30/05/2024, 14:48:45 UTC
All investments require a perfect plan

Investors must remain calm in any situation and be good at analyzing any market trends and finally make the right decision







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Re: Will Bitcoin Always Be in an Uptrend?
by
isabellajones
on 30/05/2024, 14:25:45 UTC
How is everyone's investment going? Maybe we can discuss more about Bitcoin and ETH together.
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Re: Will Bitcoin Always Be in an Uptrend?
by
isabellajones
on 30/05/2024, 14:18:17 UTC
Quote from: reagansimms on Today at 03:43:08 AM
Quote from: isabellajones on Today at 01:27:51 AM
I bought 2 bitcoins this morning and it is trending up.
I don't know how much money you hold that is allocated to investing in Bitcoin. Buying 2 bitcoins at once indicates that you are very enthusiastic about this increasingly developing technology in taking advantage of opportunities that can generate profits when the price is in a bullish trend. I know, even though you have just joined this forum, your knowledge of Bitcoin investment is beyond doubt, it is impossible for you to invest large amounts of money without having an understanding of Bitcoin. Only by attaching the TX Hash can it be proven that you have carried out the transaction, it's not that we don't believe in your ability to buy 2 bitcoins. We need evidence such as TX ID or image attachments to prove these claims are not just empty talk.



of course can
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Topic OP
Mining and investing in Bitcoin and ETH, which investment method do you prefer?
by
isabellajones
on 30/05/2024, 03:19:56 UTC
Advantages of Mining:
1. Directly Obtain Cryptocurrency: Through mining, you can directly obtain cryptocurrencies such as Bitcoin or Ethereum as rewards.
2. Participate in the blockchain network: Mining is a way to participate in the blockchain network and ensure the security and reliability of transactions.
3. Potentially high returns: In some cases, mining can bring higher returns, especially when the price of cryptocurrencies rises.

Disadvantages of Mining:
1. High cost: Mining requires the purchase of expensive professional equipment and requires a lot of electricity resources.
2. Technical requirements: Mining requires certain technical knowledge and professional equipment, which may be difficult for ordinary investors to get started.
3. Market volatility risk: The price of the cryptocurrency market fluctuates greatly, which will directly affect the income of mining.

Advantages of Investing in Bitcoin and Ethereum:
1. Flexibility: Investing in Bitcoin and Ethereum can be bought and sold according to personal needs and market conditions, which is more flexible.
2. Low threshold: Compared with mining, the threshold for investing in Bitcoin and Ethereum is lower, and you only need to open a digital currency trading account to trade.
3. Diversified choices: In addition to Bitcoin and Ethereum, there are various other cryptocurrencies to choose from for investment.

Disadvantages of investing in Bitcoin and Ethereum:
1. Market risk: The price of the cryptocurrency market fluctuates greatly, and investors may face greater market risks.
2. Lack of physical support: Cryptocurrency has no physical support, and its value depends entirely on market demand and supply, which is subject to great uncertainty.
3. Security risk: There are certain security risks in digital currency trading platforms, such as hacker attacks, fraud, etc.
In summary, mining, investing in Bitcoin and investing in Ethereum all have their own advantages and disadvantages.
Which one do you prefer?


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Board Bitcoin Discussion
Re: My first Bitcoin
by
isabellajones
on 30/05/2024, 03:07:37 UTC
Quote from: EL MOHA on January 31, 2024, 09:42:47 PM
First of all congratulations on your first bitcoin hold, i hope this is amount you can afford to lose and not your entire wages or salary. As that will help you to hold it for long. Looking at this the screen this is a binance wallet which is a centralized exchange and that’s the least of place to safe your coin because the keys doesn’t belong to you. I will advice you look for a reputable bitcoin wallet and in my opinion electrum is that wallet. Create a the new wallet yourself and don’t let your colleague do it for you and then keep the secret phrase safe in an offline place. Then move the coin from this exchange to the wallet. If you do not have basic knowledge of this then you can ask on the forum and you will be guided.

Going forward please do not post screenshots of your holdings as it dampens your privacy. You can also edit your post and remove this one. Also if you’re planning to add more bitcoin to your holdings then you might need to set up a cold storage like purchasing a hardware wallet. You can continuously keep buying bitcoin when you have the fund never wait for any price retracement as that will be a wait too risky if it doesn’t fall back

Here is the link to download an electrum wallet https://electrum.org/#home


Now is the best time to buy Bitcoin as it is falling


   

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Re: Will Bitcoin become better
by
isabellajones
on 30/05/2024, 02:42:04 UTC
I have always believed that Bitcoin can always maintain