Bitcoin is the only currency that has grown the most!! - page 3.

Wiwo

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Quote from: Out of mind on December 06, 2023, 10:16:46 AM

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December? What do you think about the way the Bitcoin market is currently growing?

Yeah Bitcoin has been able to sustain a steady movement and without exhibiting any sign of crash like the altcoins are doing and have done over time, but then also we have to look at some factors that have also made Bitcoin investment not to be a palatable one for investors in some time of the year such as in the present time in the network.

We have experienced a lot of network crises in Bitcoin compared to other altcoins, although some of the altcoins have insane network congestion and high fees, but then since Bitcoin is the major focus of the industry, its network crises used to hit investors the most since they use it as the basis for analyzing other coins.

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Quote from: Dzwaafu11 on December 27, 2023, 04:09:09 PM

Yeah, we have many altcoins that were about to show some little interest in growing like bitcoin, but at the end they failed to do that. Although we still have some altcoins that have been existing for a long time now, they still can’t be compared to bitcoin. However, if you look at how bitcoin has been growing, you will see that nobody has complained about it bitterly like other cryptocurrencies, so that is why anytime people get into the cryptocurrency market, they prefer bitcoin instead of other coins, so I think that is why bitcoin doesn’t go down.

Other things are how profitable it is and how low the risk is when it comes to investment. Bitcoin has shown much interest and has been giving positive results so far since its existence. Bitcoin still has less risk when it comes to investment, not like other cryptocurrencies that have higher risk and don’t generate profit. At the end of the day, they may even crash because that is what some altcoins do. A bitcoin investment is a coin that, after your investment, you will surely get your money back with a profit and have peace of mind.

Bitcoin is the main investment and is the king of all coins, so it is not surprising that Bitcoin is an investment that will not result in losses until the coin is worthless. Bitcoin will never even die. look at how bitcoin has developed since its inception, it already indicates that interest in bitcoin is growing rapidly. having a portfolio with 50% bitcoin held would be very good, the rest is just potential altcoins and a few hype coins that could provide huge profits or that rug pull.

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Quote from: Fara Chan on December 28, 2023, 04:06:22 AM

Quote from: Obim34 on December 27, 2023, 12:59:34 PM

Despite the volatility of Bitcoin, anyone predicting a big correction in the market is not far from getting it wrong. Definitely the price of Bitcoin will drop but there is no tendency for it falling so much, I think the little correction is just there for those who wants to still accumulate Bitcoin, they can jump in by applying the DCA strategy.
Some may either wait hoping for the price to dump so they can purchase but that may not be the case as we are not expecting such to happen.

Normal price corrections can occur in the Bitcoin market with conditions that will not be quite different. Because what is meant here is a price correction that only occurs within a few percent without any drastic terms because large price drops only occur when the market is in a bearish condition. Meanwhile, in bullish conditions like now, it will be quite difficult to see prices drop drastically except for just a few percent of the highest price that has been created in the market.

Buti in the bear market, we will have to see worst corrections, like what when we have the FTX collapsed that sent the price down to $15,500. And I think it's not just a few percentage if we take into consideration that bearish year. After a high of $69k the price nose dive to almost 90% down throughout that bear market.

Nevertheless, it's just another bump for bitcoin enthusiast, we all know that after a bull run the bear market will take over.

And so we endure that and now we are very much in the bullish state. And next year there will be big surprises as we will officially enter the bull run.

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Quote from: Obim34 on December 27, 2023, 12:59:34 PM

Despite the volatility of Bitcoin, anyone predicting a big correction in the market is not far from getting it wrong. Definitely the price of Bitcoin will drop but there is no tendency for it falling so much, I think the little correction is just there for those who wants to still accumulate Bitcoin, they can jump in by applying the DCA strategy.
Some may either wait hoping for the price to dump so they can purchase but that may not be the case as we are not expecting such to happen.

Normal price corrections can occur in the Bitcoin market with conditions that will not be quite different. Because what is meant here is a price correction that only occurs within a few percent without any drastic terms because large price drops only occur when the market is in a bearish condition. Meanwhile, in bullish conditions like now, it will be quite difficult to see prices drop drastically except for just a few percent of the highest price that has been created in the market.

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Quote from: Dzwaafu11 on December 27, 2023, 04:09:09 PM

Other things are how profitable it is and how low the risk is when it comes to investment. Bitcoin has shown much interest and has been giving positive results so far since its existence. Bitcoin still has less risk when it comes to investment, not like other cryptocurrencies that have higher risk and don’t generate profit. At the end of the day, they may even crash because that is what some altcoins do. A bitcoin investment is a coin that, after your investment, you will surely get your money back with a profit and have peace of mind.

There is absolutely no denying that Bitcoin investment is low risk. Other cryptocurrencies in the market have risk but higher returns, while Bitcoin has a lower rate of return. Only those who have a large capital can invest in Bitcoin, because a small investment will not be very profitable. Some altcoins may crash, but we don't necessarily call all altcoins dangerous, there are still many good projects that have given people excellent returns even in this bear season.

When altcoins can give 5X to 10X in bear season, imagine how much good projects can give us in bull season. I consider bitcoin investment to be safe, but not very profitable, but in my opinion, the best altcoins may prove to be more profitable in the future. However, a good choice is very important. If we keep entering each and every project, then the coin may crash and we may lose.

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Quote from: Out of mind on December 06, 2023, 10:16:46 AM

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December? What do you think about the way the Bitcoin market is currently growing?

It is possible for that to happen, you know in the crypto business that sometimes the movement of Bitcoin's price when whale investors want to increase it suddenly rises after only a few minutes or only a few hours.

Will the traders or holders or incoming investors suddenly be bombarded by an event they did not expect. That's why it's good to just save as long as we can do it rather than when the upswing is progressing, that's when we decide to buy and then the worst part is that you'll have a hard time catching up.

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It isn't going high like ppl hoped but there's a hope it'll get there. There's still some days before end of December so it's possible it'll happen. I won't be giving up on it reaching $50k but I'll be surprised if it got that value. Next month we'll know about the SEC's spot ETF decision that's when bitcoin could go high.

Quote from: Ndabagi01 on December 25, 2023, 01:16:41 PM

We are just a week and some days to the end of December and bitcoin has not being able to break the resistance of $45000. It goes above the $44,000 and moves down to its support level. The support level was also broken some days ago but was still able to regain the support again and still can’t break the resistance level. So your vision of bitcoin reaching $50,000 by end of December is still dangling and not yet certain even though we still have some days left before the end of December. I am not giving up on it not reaching $50,000 because the way the market operates, it can even go above that and get to a new resistance above the $50000 by end of December. Bitcoin is indeed a speculative and unpredictable asset to hold.

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Quote from: Out of mind on December 06, 2023, 10:16:46 AM

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison.

Yeah, we have many altcoins that were about to show some little interest in growing like bitcoin, but at the end they failed to do that. Although we still have some altcoins that have been existing for a long time now, they still can’t be compared to bitcoin. However, if you look at how bitcoin has been growing, you will see that nobody has complained about it bitterly like other cryptocurrencies, so that is why anytime people get into the cryptocurrency market, they prefer bitcoin instead of other coins, so I think that is why bitcoin doesn’t go down.

Other things are how profitable it is and how low the risk is when it comes to investment. Bitcoin has shown much interest and has been giving positive results so far since its existence. Bitcoin still has less risk when it comes to investment, not like other cryptocurrencies that have higher risk and don’t generate profit. At the end of the day, they may even crash because that is what some altcoins do. A bitcoin investment is a coin that, after your investment, you will surely get your money back with a profit and have peace of mind.

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Quote from: bitgolden on December 26, 2023, 12:59:56 AM

I do agree that these are two very different situations and we should take them one by one. I mean we should not be expecting a big dump anytime soon anyway, sure a bit of a correction here and there, but not a big dump. The price is going up, and halving is coming soon, and the big bull run should happen after that, so during the next 1.5 years or so we should be seeing ups most of the time.

Like I mentioned, small corrections could happen here and there, but when the price goes 5x higher, daily 10% drop here and there doesn't really matter all that much. We should be happy that it is getting to that point and we should be considering the situation to be a bit more careful in the end, that is always the best case, looks quite bright to me.

Despite the volatility of Bitcoin, anyone predicting a big correction in the market is not far from getting it wrong. Definitely the price of Bitcoin will drop but there is no tendency for it falling so much, I think the little correction is just there for those who wants to still accumulate Bitcoin, they can jump in by applying the DCA strategy.
Some may either wait hoping for the price to dump so they can purchase but that may not be the case as we are not expecting such to happen.

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Quote from: bitgolden on December 26, 2023, 12:59:56 AM

Quote from: dezoel on December 25, 2023, 12:34:53 PM

Bitcoin has its differences, so it shouldn't be compared with altcoins even if we are talking about the pumps and dumps of both. When Bitcoin pumps, it doesn't dump the same way and even if it does, that dump wouldn't make you feel like it's going to rug pull and all your holdings will go to zero in no time, but when an altcoin starts dumping after a huge pump and if it doesn't seem to stop after a certain point, you will start to feel afraid of what might happen.

I agree that every cryptocurrency that goes up will have to come down again, however, there will always be differences in their movements whether it's going up or coming down, and if we talk about Bitcoin, it's not the most trusted cryptocurrency for nothing, it has earned that name and position for itself.

I do agree that these are two very different situations and we should take them one by one. I mean we should not be expecting a big dump anytime soon anyway, sure a bit of a correction here and there, but not a big dump. The price is going up, and halving is coming soon, and the big bull run should happen after that, so during the next 1.5 years or so we should be seeing ups most of the time.

Like I mentioned, small corrections could happen here and there, but when the price goes 5x higher, daily 10% drop here and there doesn't really matter all that much. We should be happy that it is getting to that point and we should be considering the situation to be a bit more careful in the end, that is always the best case, looks quite bright to me.

Both alts and BTC are cryptos, and then both have their differences. This is the reason why people are comparing them to each other. I think there is nothing wrong with that. What is only wrong is when we compare our selves to other people. There is also nothing wrong if some expects a dump. That was not our business anymore.

The price movements right now are going in the upward direction but there is no guarantees that they will continue like that, even if there are positive incoming events. What if some strong force prevents it? E.g. big whales and institutions manipulating the price. Because you know, they are good at playing with the peoples emotions.

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Quote from: bitgolden on December 26, 2023, 12:59:56 AM

I do agree that these are two very different situations and we should take them one by one. I mean we should not be expecting a big dump anytime soon anyway, sure a bit of a correction here and there, but not a big dump. The price is going up, and halving is coming soon, and the big bull run should happen after that, so during the next 1.5 years or so we should be seeing ups most of the time.

Like I mentioned, small corrections could happen here and there, but when the price goes 5x higher, daily 10% drop here and there doesn't really matter all that much. We should be happy that it is getting to that point and we should be considering the situation to be a bit more careful in the end, that is always the best case, looks quite bright to me.

You are right, when the prices go up like that, small corrections do not really matter. I think it's quite true that people should take no risk and just invest into bitcoin, that would be a smart move and people would benefit from it. I think what people think is that bitcoin can't go up as much as some other coins, they are chasing 100x to get rid of the rat race and that means they are going to end up with something that may actually give them some profit, and that should be the most important part.

I believe that we are going to end up with something that should be all the more better and could get to a point where we could just assume that it's going to get a lot better. I hope that we could get it to be better eventually and not do it with risky alts.

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Quote from: Out of mind on December 06, 2023, 10:16:46 AM

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December? What do you think about the way the Bitcoin market is currently growing?

Giving Bitcoin some praises should be truly deserving but we should always say the truth/fact so that we don't confuse others. Your overall expression might be too sided. If it is reliable and has a little down movement in the bullish season is the choice of the investor, then Bitcoin might be the answer as it is heavy already, so it can't move so much towards the selling side if it wants to correct itself. This is unlike altcoins that might move x4 and correct lower with x2 which makes them riskier. For example, Bitcoin at $40,0000 might just correct lower to about $36,000 and start buying again. This amount is not up to 25% of the asset, not even close it to, so no investor can lose significantly when they hold Bitcoin during the bull reason as we are now.

But when it comes to making more money, the altcoin has it with no controversy here, and the more you know them and can wait for them, especially when you read their charts accurately well, the more you can get money from them. Some altcoins will still move x100 in the full bull run season. Yeah, you heard me correctly, so it is all about your risk affinity. If you have it higher, then you can gain higher with altcoins as well.

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Quote from: Out of mind on December 06, 2023, 10:16:46 AM

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December? What do you think about the way the Bitcoin market is currently growing?

The increment in cryptocurrency market do attract other coins to increase, its obvious that when the market is against bitcoin other coins doesn't have the ability to rise, so in bitcoin conditions any other coins can fall when bitcoin is on the run of increment, so I believe very well that bitcoin increment from now till 2024 can give another shape by reaching as you predicted, because bitcoin when it falls now within a short period it increase again

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Quote from: dezoel on December 25, 2023, 12:34:53 PM

Bitcoin has its differences, so it shouldn't be compared with altcoins even if we are talking about the pumps and dumps of both. When Bitcoin pumps, it doesn't dump the same way and even if it does, that dump wouldn't make you feel like it's going to rug pull and all your holdings will go to zero in no time, but when an altcoin starts dumping after a huge pump and if it doesn't seem to stop after a certain point, you will start to feel afraid of what might happen.

I agree that every cryptocurrency that goes up will have to come down again, however, there will always be differences in their movements whether it's going up or coming down, and if we talk about Bitcoin, it's not the most trusted cryptocurrency for nothing, it has earned that name and position for itself.

I do agree that these are two very different situations and we should take them one by one. I mean we should not be expecting a big dump anytime soon anyway, sure a bit of a correction here and there, but not a big dump. The price is going up, and halving is coming soon, and the big bull run should happen after that, so during the next 1.5 years or so we should be seeing ups most of the time.

Like I mentioned, small corrections could happen here and there, but when the price goes 5x higher, daily 10% drop here and there doesn't really matter all that much. We should be happy that it is getting to that point and we should be considering the situation to be a bit more careful in the end, that is always the best case, looks quite bright to me.

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Quote from: Out of mind on December 06, 2023, 10:16:46 AM

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December? What do you think about the way the Bitcoin market is currently growing?

We are just a week and some days to the end of December and bitcoin has not being able to break the resistance of $45000. It goes above the $44,000 and moves down to its support level. The support level was also broken some days ago but was still able to regain the support again and still can’t break the resistance level. So your vision of bitcoin reaching $50,000 by end of December is still dangling and not yet certain even though we still have some days left before the end of December. I am not giving up on it not reaching $50,000 because the way the market operates, it can even go above that and get to a new resistance above the $50000 by end of December. Bitcoin is indeed a speculative and unpredictable asset to hold.

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Quote from: fzkto on December 23, 2023, 01:12:56 PM

Quote from: jaberwock on December 16, 2023, 03:11:25 PM

I would say that it is a great trend that bitcoin could end up with a proper increase right away without having to need for any additional reason, and meanwhile we are going to end up with something much better with time, it is going to be something that would benefit everyone for the long term, it should be something that we could be proud of because if you can hit the right altcoin investment then you could make insane amount of money.

I am not saying go ahead and invest into any alt you want, because there will be plenty that will crash and not be able to take the pressure, but if you can pick the right one then the amount of money that you could make will be insane and it will definitely be something to be proud of as well.

Any bubble will deflate after a huge pump. Therefore, it is not the most important thing to choose the right project to invest in. The main thing is not to be greedy and manage to sell before the price falls. It doesn't matter if it's bitcoin or some altcoin. The price will always pumping and dumping.

Bitcoin has its differences, so it shouldn't be compared with altcoins even if we are talking about the pumps and dumps of both. When Bitcoin pumps, it doesn't dump the same way and even if it does, that dump wouldn't make you feel like it's going to rug pull and all your holdings will go to zero in no time, but when an altcoin starts dumping after a huge pump and if it doesn't seem to stop after a certain point, you will start to feel afraid of what might happen.

I agree that every cryptocurrency that goes up will have to come down again, however, there will always be differences in their movements whether it's going up or coming down, and if we talk about Bitcoin, it's not the most trusted cryptocurrency for nothing, it has earned that name and position for itself.

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Bitcoin isn't stable so it's price can't be accurately estimated. When you're investing you've got to be a calculating investor or else it's going to mean a loss. We're all playing a guessing game when we're advising ppl to buy or sell. If you're saying bitcoin's going to be $48k range at the end of December it's a big say but there isn't a guarantee it's going to happen.

Quote from: NewRanger on December 24, 2023, 01:09:30 AM

People should see this significant movement as you stated above, where the temporary highest price to date is $43,526 and it won't be long before it will probably enter the $48,000 range at the end of December which is only 7 days away. So, what are our further preparations for, after getting investment exposure with several future benefits, do we continue to hold back or is that enough for investing in BTC?

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Quote from: Out of mind on December 06, 2023, 10:16:46 AM

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December? What do you think about the way the Bitcoin market is currently growing?

bitcoin not only one crypto currency always grow. all crypto curency in big 10 coinmarketcap always grow.
if the price goes down all coins also experience ups and downs in price. the same as bitcoin also experiences ups and downs in price. if bitcoin is a price barometer for other coins, there is a point. because if the price of bitcoin goes up, almost all coins also go up. similarly, when the price goes down, all altcoins will also down price too.

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Quote from: FinePoine0 on December 24, 2023, 12:54:32 AM

Bitcoin is the only coin that can be depended on, that's why it has so many big investors. Since I started watching bitcoin 2020 bitcoin price was between 17k but 2020 halving bitcoin price peaked in 2021. Bitcoin price went up to 69k. You can definitely see the difference if you calculate the current time. At the beginning of 2023, the price of Bitcoin was 16k, in just 10 months, the price of Bitcoin has reached up to 45k. That's why it can be said that the price of Bitcoin is only going upwards so those who invest definitely get huge benefits.

People should see this significant movement as you stated above, where the temporary highest price to date is $43,526 and it won't be long before it will probably enter the $48,000 range at the end of December which is only 7 days away. So, what are our further preparations for, after getting investment exposure with several future benefits, do we continue to hold back or is that enough for investing in BTC?

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Quote from: Out of mind on December 06, 2023, 10:16:46 AM

Present, there are many altcoins in the crypto market and they have grown a lot. But it has gone down and gone again, but Bitcoin is the only currency that hasn't gone down yet, instead it's going up. I've noticed that Bitcoin has grown the most over the past couple of days, but altcoins haven't grown as much in comparison. Currently, we see Bitcoin market above $44000, I think it will bring $45000 very soon. Will Bitcoin Touch $50,000 By This December? What do you think about the way the Bitcoin market is currently growing?

Bitcoin is the only coin that can be depended on, that's why it has so many big investors. Since I started watching bitcoin 2020 bitcoin price was between 17k but 2020 halving bitcoin price peaked in 2021. Bitcoin price went up to 69k. You can definitely see the difference if you calculate the current time. At the beginning of 2023, the price of Bitcoin was 16k, in just 10 months, the price of Bitcoin has reached up to 45k. That's why it can be said that the price of Bitcoin is only going upwards so those who invest definitely get huge benefits.

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