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Currently, many people bought bitcoins at a very low price during the bitcoin downtrend of 2018, and many have bought bitcoin before. Bitcoin price increases, you have to perform profit-taking to ensure profit, before reaching 20k bitcoin will have to pass different prices. Everyone's mindset is to make more profits than buying, but Bitcoin can still hit the new ATH threshold because the future is unknown.
we will never know if the coming trend is going to be high or down, it depends on a lot of factors
hopefully, it is going to be a high trend and we will all gain profits
be optimistic Crypto for me is a form of investment that can give an opportunity to everyone to earn even without investing any amount of money, although investment is just a second option. As a community member in crypto space, we shouldn't be negative even its too difficult for now for us to earn well at this point of time just continue what we have believed for about it.
what do you mean by "an opportunity for everyone to earn even without investing any amount of money" do you mean no investment needed in assets like office and renting or such things normal companies need
because in crypto you just have the coin, same goes with the assets in the market if you don't want to lose money at the start of your investment
but overall I agree that crypto is the high-risk investment but with a very low rate of requirements and you can start as low as 5-50 USD
I think most people approach crypto in the wrong way. With "get rich quick" approach.
If you come to crypto with such an attitude, you should never ever invest.
On the other hand, if you actually had to earn it while doing whatever you are usually doing anyway, that involves money?
Examples:
You get crypto as a token of gratitude after making donation to some project. (crowdfunding)
or
You are paid crypto as a bonus to your salary.
or
... (any other examples come to your mind?)
Wouldn't the whole cryptoworld be way more healthy? What do you think about it?
If you come to crypto with such an attitude, you should never ever invest.
On the other hand, if you actually had to earn it while doing whatever you are usually doing anyway, that involves money?
Examples:
You get crypto as a token of gratitude after making donation to some project. (crowdfunding)
or
You are paid crypto as a bonus to your salary.
or
... (any other examples come to your mind?)
Wouldn't the whole cryptoworld be way more healthy? What do you think about it?
Everyone dream is to be financial freedom so i guess not all think the same. About getting rich quick is the main reason why a lot of investors wanna join cryptos sector and i see a lot newbies coming here whining about they getting scam or loses all their saving because the greed overcome them to think cryptos some kind of a quick rich scheme.
people are thinking irrationally, that is a fact, and new coins or most of them are using marketing tactics more than taking care of the project itself, they are hiring more marketers and designers than developers.
it is a good way to check if the project is serious or not, to check how much of time, and money they are spending on marketing and how fast they are adding features to the project
This is logical, demands will always have positive effects on the price of Bitcoin, the market has started hitting up with #defi projects and we have seen how the recent spikes triggered the price of Bitcoin. We will see another all time high not because of human predictions but because of demand theory. Though we might not see it now but in future, so, the global adoption of this technology will definitely give another all time high IMO.
i also don't think that will help anyway if we can convince all newcomers to learn few things and pass exams this will not be possible to apply and if it could be applied will be only applied on altcoins, bitcoin will remain the uncontrollable messy coin of all time and it can reach ATH but when will it be the next time? none knows and we are all just predicting
Now people are more educated regarding crypto. So if they invest into crypto means crypto is drawing attention. People are greedy and they bought btc at insane price. It also happened to other stocks. May be this will not happen easily in future. But btc will grow and we expect btc to be ATH in future for the potential. No hype, no bubble just pure tech.
So you want people to invest on bitcoin so that it can easily reach the all time high once again? Aren't "you" being the greedy one?Statements like your are what discourages people from buying bitcoin. If the price is high, according to you, we shouldn't invest because that is "insane" price? Then how would you expect the price to increase further? How do you expect people to enter the market when the price is high?
People's investment isn't the key to a new ATH, if you want to grow your own BTC, better do trading than forcing other people to adopt the usage of BTC for a new ATH. No one can predict when a new ATH will happen, well there's a lot of factors to consider but it's just minimal and prices are still unpredictable.
it is nearly impossible to reach another ATH because the actual value of BTC is not increasing, it is just an effect made by its holders, but now there are many coins and better alternatives, the only 3 features of btc, it was the first, it has the high market cap and how many people, and platforms accepting it. otherwise, any other coin will have a certain purpose, unlike the general BTC.
BTC is going to reach ATH this year it's going to be a high ATH almost doubling the current, before the end of this year.
none can prevent this, it is taking the same rules of gold increasing, whenever it goes up it never goes down back to old prices
have you ever seen bitcoin goes for under 1k $ again? it didn't and it won't.
next ATH will be 40-100k$ and people will keep using it and mining it more and more
The crypto worlds will get healthy when everybody will accept blockchain for its potential and not just short-term investment in order to get rich fast. That is the actual simple consumer belief and it has to be changed.
However, there are many investors who are only interested in profit when joining this market and this is the reason why I do not feel secure in long-term investment. It may be that blockchain is a trend that is of interest to almost all technology companies, but if the government doesn't recognize it, blockchain will be ignored. I believe that in the next few years people will have a different perspective and open up new opportunities for the entire crypto market.the governments won't be able to keep ignoring it and one day a president will use blockchain to collect people around him this always happens, or maybe a young one from our generations or the same ideology.
hope is there but there is also a chance to have better technology especially while we are getting better and better computers and it is getting smaller besides how everything can be connected to it now and there is a ton of data.
this means they will prod these promises once they reach their goals, this means it can drop again and people will think of it as unstable and being moved not by whales this time but with dirty money owners.
no matter how hard you try to think of positive scenarios when BTC reaches ATH but this is like in avengers it was 1 good result among 14m + try
yes it is possible but not the most likely to happen
but, as a crypto lover, let our fingers crossed to reach another ATH soon
If whales want then everything is possible, you know. Current market situation is good for the futher growth
We could say that they have such influence on the market and they can able to manipulate the situation but we don't even wonder why they never left crypto instead of going back to stock market investment? It is because they love crypto and that we called manipulation is only has a slim chance that could make a bullish or even bearish market trend.(Maybe) We can't either see another ATH again but it is not the most important to us. What we are looking for now is to have a sustainable market demand and adoption. Bullish will come momentarily even without the whale's participation.
tbh I think it will definitely reach ATH again. this will need some time till the market holders get changed and people a bit forget about the last ATH and how a lot have lost as much as many made profits.
history will always repeat itself, this is a fixed rule as the fact of death. both can't be denied
I don't think It will reach ATH again, not in near or far future, simply because in near future people still remember how it fall hard and in far future, there will be better solutions even if the blockchain is the futuristic way for economy and financials bitcoin will just remain as an honorable mention as simple as how the first lamb was created, it wasn't the best didn't stay for so long and many alternatives with a better efficiency came out.
it also happened a lot during the ICO period in 2017-2018, many new investors were completely zero knowledge but dared to invest in crypto. people who rely solely on luck in the investment sector are no different from gambling that rely on luck equally. if people are willing to learn to understand the conditions of the crypto market, learn about the project that the token / altcoin is going to buy, and especially about the price volatility, maybe this can minimize losses. in the crypto world there is no instant money investment.
I said it before, there is no 1 reason, its more complicated than we can control it or predict it 100%
all that we are doing is increasing knowledge and wishing good luck to decrease loss.
keep learning, increase your investments limit wisely, always invest in what you can lose. it is the basics of investing anywhere not only crypto but as crypto has higher profit it also has a higher risk.
no pain no gain
With your skills you can earn. You can earn without any hard work. For that you need to be a crypto investor. You have to keep in mind that you will benefit if you invest in a coin or token by constantly monitoring the market. No experience is required for this. You just have to understand the market signal. Again you can invest in exchanger on any new token.
I want to be a good investor.
Do you want to be a good investor? Do you agree with me?
I want to be a good investor.
Do you want to be a good investor? Do you agree with me?
precisely, yet you likewise need to characterize "snappy" this can mean 1 day for me Smiley barely any hours for another person, to amplify benefit there are numerous components some are controllable and some are not, these elements are dependable of augmenting your benefit as well as to limit the hazard (both danger of misfortune and danger of getting helpless fast Cheesy )
1. timing
2. karma
3. coin you pick
4. information about exchanging general and in crypto explicitly
5. budget
remind me in the event that I overlooked something, yet these are the fundamental variables in my brain.
So you mean to say we should just wait and earn crypto? coz for me investing in cryptocurrency is really a good idea and a good start.
i don't think cryptocurrency would grow if no one would buy or invest on it.
Just follow one of the rule "Invest what you can afford to lose"
That's right! I think some people are just too desperate about their failures then they can't believe in any cryptocurrencies! I have to make it clear that there are bad projects but there are good ones also! Consider carefully when you invest in a project! Investing is a hard task that requires a lot of proper knowledge and skills, but if you know how to do it right, you'll receive the reward properly! i don't think cryptocurrency would grow if no one would buy or invest on it.
Just follow one of the rule "Invest what you can afford to lose"
this can be the reason why a lot of people afraid but it is also the reason of profit, imagine a coin keeps going up, it will simply reach high price as the BTC reached at, then you will need your money back to invest somewhere else you can't sell if none buying and this one buying probably will lose a lot
you just need some critical thinking and to keep reading and analyzing old behaviors of the coin is very important, it is the history repeating in every field of our life, circles going on nonstop.
Yes, that's what bounties these days make us. They show us big big rewards on their spreadsheets but the real values of those rewards they offer us are sometimes not even up to $5 on the market. I feel bounty hunters are only being used as baits by project owners to catch their investors virtually for free. What do you think guys ?
i think it is the fact, they are using us to keep promoting "almost for free" and it is much cheaper from any other way of making ads, and the call is in their hand to pay or no, it is not good way at all, not fair for us at least
This is not a price speculation thread, but a call.
People should have a much more healthy approach to cryptocurrencies than "get rich quick" and should use bitcoin even if it was going to take 100 years (or eternity) to break ATH again.
Still sounds like a speculation tho. People should have a much more healthy approach to cryptocurrencies than "get rich quick" and should use bitcoin even if it was going to take 100 years (or eternity) to break ATH again.
Alot of people jump into crypto for the wrong reasons,most of them think it's a "it's a get rich quick" stuff as you mentioned, but we won't blame them, because that's what the media normally publicize, and about bitcoin breaking its ATH price I think this will only happen when more countries starts adopting/legalizing it.
This is an honest call to everyone to start treating this great invention as it's meant to be - digital money. Including crypto news websites and youtubers who think that putting higher expected bitcoin price in the title will bring more clicks (and sadly, it usually does).
One says 1 million USD in 1 year, another says 10 million USD and so on... stop it, please. You are doing it wrong.
Seems like everyday there's always a new analyst who would come up with a new ATH price for Bitcoin, LOL,these are some of the things that make people think crypto is a "get rich quick" scheme. One says 1 million USD in 1 year, another says 10 million USD and so on... stop it, please. You are doing it wrong.
bitcoin ATH will keep rising, it is very near to the gold market, we keep saying it is never going to be more expensive, but it just keeps going higher and higher.
yes sometimes it is getting a bit cheaper other times it gets stable and then it keeps going up again.
for long term investment, I think BTC is going to get more and more expensive, but the issue will be if there is an alternative to replace the BTC and this would be very hard to find
Investments must be profitable, otherwise why should I invest ? I agree that you do not need to chase a quick riches, but the right investment should bring income.
In order to make a profit in this market, you must not be impatient. You need to have patience and have a clear strategy when investing in this market. I am like you, here for profit and always try to make a profit every day from itwhat if patience is not one of my skills, how d you invest this? not everyone can hold and wait, even if I am patient sometimes you need to sell because you need fiat for urgent stuff, not everyone can invest with a small or spare amount, sometimes it is like the last chance, to be or not to be and it is the case of many players in this market from different poor countries.
you may have the luxury of losing and restart, unlike many others.
Just as you stated it "might" never reach it's ATH but it isn't for sure and we are already at $11K and it's current ATH is only around $20K.
We couldn't be so sure about it since we already see it go more than $14K if I am not mistaken after it hit so low at 2018 so there is still a chance that it could reach it and even go way more higher.
We couldn't be so sure about it since we already see it go more than $14K if I am not mistaken after it hit so low at 2018 so there is still a chance that it could reach it and even go way more higher.
I think it is going to reach more than $20k by the end of the year, a new bubble? i don't think so, if it would reach another bubble, it would have reached it during the pandemic peak. now it is a normal increasing time.
but still, if people have no trends, and some media adopted the case of increasing to the price again it will make a huge jump and people will be thinking that we missed the previous bubble we need to buy now.
if this scenario happens it will be a mess and will go above 20k and even 50k
You can't end up with good results in crypto space if you don't learn first, without learning how will you know what you investing on? Many still repeat this same mistake over and over today, they never know that many scam tricks are available
That's so true! The reason why a lot of people failed to be successful in this market is because they don't learn first before joining in. I have seen a lot of people who think the cryptocurrency market is a market that they can easily earn profits without having any knowledge or analyzing skills, and obviously they failed. Many people are desperated about this market because they lost their money, but the real reason is all about themselves! usually it is a common rule, between almost all fields, if you learn more about a topic before investing/working in you will be saving time and money paying some effort and less time.
people look for getting rich fast assuming they might be from the 0.000000001% who can succeed with luck with no experience and sometimes not enough money :') dopamine effects I guess.
You wrong not allowed for the other to invest in cryptocurrency, I think during get good and potential coin will bring much profitable for every one to get much money with investing on bitcoin and altcoin. just how to choose correct coin to buy and keep profitable for long term. When hearing with project get trouble sell directly and never holding.
if i could understand your point, i can describe it as " suppoly & demand "
crypto assets for most altcoins and Bicoin are limited, as more people joining this makes prices goes more up and it is good for old investors ofc.
won't be bad thing unless they sell so much as before when the bubble of bitcoin fall the price from 20k back to be between 3k and 6k
normally we should encourage people to join, to be able to sell faster too, the more buyers the faster you will sell, and this will let more banks and services work on supporting crypto
it is mostly good thing, but every point have its bad side, so yes they can harm the situation but it is still more benfitical than harmful
I came across AZBI network bounty few days back and I bookmark the page so I can join later and that will be my first bounty on this forum but I noticed a lie about the project, below is the link to the project
https://bitcointalk.org/index.php?topic=5243303.0
It's said they are listed on the bounty thread but after going to the exchange where thy claimed to have listed (UNISWAP) I can't find any token called AZBI on the exchange platform, even the second listed exchange called Bamboorelay has no single volume at all.
To me this is a very poor bounty project, they used uniswap name to deceive those who are too quick or haste to make money, there is no demand for this token, it's a dead end, I'm glad I spend my time doing few digs if not I would have joined the campaign.
A good lesson learnt here
https://bitcointalk.org/index.php?topic=5243303.0
It's said they are listed on the bounty thread but after going to the exchange where thy claimed to have listed (UNISWAP) I can't find any token called AZBI on the exchange platform, even the second listed exchange called Bamboorelay has no single volume at all.
To me this is a very poor bounty project, they used uniswap name to deceive those who are too quick or haste to make money, there is no demand for this token, it's a dead end, I'm glad I spend my time doing few digs if not I would have joined the campaign.
A good lesson learnt here
Bounties, airdrops, ico, ieo and the list goes on.
always think twice and research 3 times. if it is "too good to be true" just forget about it, no jump in a coin will do as BTC have, and the risk is above 90-99% for such projects. so simply it doesn't worth your time, specially if it is "too good to be true"