Topic: Are you ready for crypto investing in 2024? - page 6. (Read 781 times)

I have been preparing against next year but I am still not satisfied with how much I have saved against next year yet. I don’t miss out on any opportunities to buy more and add to my portfolio but sometimes, things don’t always go as planned. By next year, when the bitcoin halving is going to take place, it won’t stop me from continuing my investment before and after the halving because I envision good investment returns by that next year.

I don't add many coins anymore. I only buy few coins that I think deserve to buy at this moment. And it should be for the short term goal.

Usually, crypto prices will drop quite significant. We can see the red market in the last few days. I think this will be the last chance for people to buy crypto coins. If they miss this chance, they probably have no chance to buy crypto coins with good price anymore.

The holidays are not the best time to trade and as a trader you should be able to know that there are times when you should trade and times when you should take a break from the market to refresh your mind and energy. The Christmas season is usually celebrated with families and as a trader this should be a time for you to settle down and analyze to re-plan your strategy for the new year as you focus on spending quality time with your family instead of trying to still observe the charts to see if any trade you can place. There will be many distractions from family and family members and if you cannot  block these distractions from messing with your head and mind, it can affect your analysis if you stubbornly want to still trade.

We all know that everything will be over but the hike of the transaction fee is getting more longer as usual and worse so nobody knows when it will end again and for that, as you said many have changed address and some kept their coins because they don't want to pay high fee to collect small amount of funds. And some people pay two times in one transaction. They first pay from the non custodial wallet to the exchange and in the exchange again pay another fee so to pay such amount is the problem most of us afraid of.

So instead let us keep there and wait patiently for the reducing of the fear in the year to come.

Every crypto traders may face many things in this year,from the beginning of the year the price of the Bitcoin was in the range of 30k dollars,this made the traders to hold by nature without selling till the June month.Later we able to see some good value in the market and some traders had earned some dollars.But as we know the Bitcoin had their maximum demand in the end of the year.Now the bitcoin price was up to 42k dollars,many traders expect the value of 40k dollars in the bitcoin value.Now the dream of many traders was come true,the next expectation was 50k dollars.


The end of the year we get into the transaction fee for the bitcoin,actually some people working in the campaign had changed their bitcoin wallet because not able to manage the fee for each transaction.We should wait for the good move by the exchange to the transaction fee.

Holiday or not, im always active on trying to peek and sees on those changes specially on PNL of my portfolio every single day. Even i do say that most of those holds are really that for long term but it cant really be just that avoided for you to have those checks to on which it do really happen often. lol. Im pretty sure that most of us do share up on the same behavior on which we are really that tending to check every now and then with our ports on which it would really be just that normal that we would really be having those common behavior or actions because we do really like on whats the current condition of the coins that we are investing. Getting prepared for 2024? For sure we all do. It is really just that this market would really continue to grow and it would be normal that you would be needing to make adjustments
for us to survive because if we dont then it would really be that hard for us to overcome in speaking about volatility.

Crypto investing is never been simple and its never been that easy. It would really be like a roller coaster ride of things on which you would really be able to experience the volatility of this market
and would possibly come up into those possible impressions and ways on how you would gonna deal up with it accordingly.

The hodling in this year holiday is much more tight than the previous years because of the transaction fee, many people didn't touch their coins and those who were trying to made a transaction to celebrate the Christmas was stucked in the Blockchain and for the fear of the high transaction fee and to be stuck inside made many people not to do any transaction and keep their coins until when the fee is reduced.

The portfolios are well stored this time and many are waiting to see the all time high. Upon the high transaction fee, people still celebrate the Christmas with a marvelous way.. Happy Christmas and prosperous new year.

Certainly, yes. My goals are still fixed and have no changes at all, DCA is still my priority when accumulating more bitcoin before bitcoin halving. Altcoins have also good reasons to invest, but the challenge is on how we will end up investing in the right and profitable coins to invest as majority nowadays altcoins turn into scams so we should always invest with high caution.

Nevertheless, bitcoin is still my major investment in 2024. Although there might be new additional plans in the process, but bitcoin will always be my top priority.

2023 was a good opportunity to invest in crypto as many top coins were at low levels. Many coins have already performed well, and it is expected that these coins will perform even better. But Bitcoin's halving is in 2024 and it will be very interesting to see how the market reacts at this time. The market is seeing its impact due to the holiday, as the market is already seeing a lot of corrections as the market has been in a lot of uptrend in recent times.

I'm curious to see how the market opens in the new year after the holidays are over.

There isn't much to update other than the fact that my investments in bitcoin and altcoins, which I made when their values were low, have performed better in price.

Since the holidays are coming to an end and the new year (2024) is close by. I anticipate that the bitcoin ETF will be approved by January. This will allow for a significant spike in the price of bitcoin before the halving season begins, as 2024 seems to be the year that bitcoin will surpass its previous all-time high and 2025 will be a massive bull run year in bitcoin and altcoin.

Nothing unusual and it just keeps going on because that's how it should be. The 2024 is coming soon and everyone is hopeful to get some better gains.
Historically, Christmas and new years were the days the market is expected to go higher but this time, we are seeing a correction and it's still a normal thing to see.

Holidays are going great. One of the advantages of these holidays is that you get peace of mind. Trading, investing and all-time planning takes place throughout the year. Nice of you to ask people about their holidays and be so considerate. When it comes to holidays, trading and investing should be kept aside and this is the best time to give to your family. So on such occasions I don't spend much time on my portfolio and there are currently no updates to share with you.

On the occasion of such holidays, there is often less trading in the market, people spend most of their time with their families, so the market does not fluctuate much, but the chances of the market going down are more. I think one of the reasons for this is that short-term traders get out of the market and enjoy their vacations.

Most of them are probably ready for crypto investing, and for sure another new coin will arise and will make noise in the market for sure. I just hope I know what it is like, like what happened with Pepe Coin, which surprised many crypto communities.

It's a little bit exciting, and I just hope that whatever this new coin will be trending, I can join or keep up with its trend. Apart from the coin I invested in this year of 2023, which I am currently holding and waiting for the bull run at the right time to sell as well,.

If I pay attention and consider it, investing in the crypto market in 2024, if I consider it, is the right action, for several reasons.
1. In that year, Bitcoin experienced a change that many people mentioned, namely ATH, this situation saw a big change in the type of crypto on the market, so it is very likely that investment is a good idea at this time.
2. Remembering and looking at the current crypto market, Bitcoin and several types of crypto have not yet had a significant impact on change.
3. And other reasons that most likely there are opportunities in investment.

From several things and reasons that I mentioned above, considering that there are only two days left to enter 2024, it might be a good investment idea.

Very much a normal holiday to me. Not much happened in my crypto portfolio this holiday though one thing is for sure, I'm ready to face year 2024. With the current mindset I have today, I believe that we crypto literate will strive for greatness next year even if we experience a massive dumps on the market. I accumulated as much as I can this year and I plan to continue it till we experience the bull market. I believe that my patience about crypto investing is at it's all time high right now, I haven't done any stupid mistake yet and hope that this will continue until we get our goals.

Bitcoin may get to $100000 in 2024. If not $100000 in 2024, it will get to all-time-high in 2024 and $100000 in 2025. This is the year we have all been expecting. Although, this year was very bullish but we are expecting more to come in 2024. People that are not investing will miss again.

Very ready because I am already mature in my next plan in 2024. That's for sure at least I have 90% confidence of success. but before this I won't take much thought, just the New Year holiday that must be enjoyed at the end of this year is the thing I think about most. I don't think it's good to be too hasty in taking action and traders must know what risks they are facing. it's just a matter of time for its execution, I'm not difficult with coin news because I have a community I won't be burdened with future trends in 2024.

OP, why wait till 2024 to invest when you could've taken the initiative a few months ago and invested? Those who will be investing in 2024 are going to be the first batch to chase price on FOMO. Halving is around the corner and the market is excited already; otherwise, I think that news of Mt. Gox releasing 2014 seized coins to its subscribers would've shaken the marketcap of Bitcoin.

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Yes, price is unusually stable this December unlike what's often obtainable where price takes a dip. I guess investors aren't much interested in taking out their profit to enjoy the Xmas holiday this time. Everyone seems to be capitulating on the incoming bull run and saving up for it. It's a good one.

Well Im not checking my bags due to holiday season and it will probably give me stress thinking to it. Im sure everyone feels the same. Market is quite good at the moment and we will see actual movement of it probably early next year close to etf announcement. This month ends with a good price and Id hope they beat their ATH on the last run and make another record during bull season.

Actually, if you talk about any big investment, then I will say that I am not ready for any big investment. Moreover, I am not a short-term trader, so my investment will continue using DCA method according to my strategy. And I am thinking of holding some of the previous investments in altcoin until the bull run.
Although on a small scale there is a willingness to invest in some potential alternative coins for the uocoming  bullrun, for which analysis is ongoing.