Now the global economic conditions are very difficult, many companies are bankrupt due to the economic recession, this of course makes us have to be creative, if we only complain then we will not get anything, the best thing right now is investing in crypto which provides opportunities for big profits.
Do you think investing in crypto can solve the problem of global economic recession? Because the condition of the crypto market itself will not be so good when the global economic recession is still happening and to get profits in a global economic recession will not be as easy as you might imagine. Because investors and traders are also very concerned about spending their money on investment matters in conditions of global economic recession. So don't think that what you say can easily be carried out and make a profit. 
Topic: Bitcoin price motivation benchmark: (Read 403 times)
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Now the global economic conditions are very difficult, many companies are bankrupt due to the economic recession, this of course makes us have to be creative, if we only complain then we will not get anything, the best thing right now is investing in crypto which provides opportunities for big profits.
It is important to remember that even if over the long term the overall direction of this market is up, there is a great deal of volatility that we have to face every day, and as such the price can go down for any reason, and if we are not ready for such movements then we may be surprised to see the market going down and then we could take a mistaken decision because of it, and the current market conditions are the perfect example of what I am taking about. 
Now the global economic conditions are very difficult, many companies are bankrupt due to the economic recession, this of course makes us have to be creative, if we only complain then we will not get anything, the best thing right now is investing in crypto which provides opportunities for big profits.
I don't think we will see positive movement next month, the price isn't done correcting itself yet and it will probably go lower from this point and that is what is going to happen next month, the price wills start dropping, and by the time it's done dropping and starts recovering back, the month will almost reach at the end and that is when the price might show some positive movements.
The best decision for investors right now is obviously to do DCA since the price can drop anytime, and even if it doesn't, one won't be in loss if they were doing DCA, if one buys at once, they might regret if the price drops later.
I do not think that we will go any lower, too many people are expecting it to go lower but we have seen the lower period and I do not think that it will go lower. I believe that we are going to end up with a lot better in the end we just need to focus on what we could do.The best decision for investors right now is obviously to do DCA since the price can drop anytime, and even if it doesn't, one won't be in loss if they were doing DCA, if one buys at once, they might regret if the price drops later.
A lot of people are approaching this subject as a normal way of trading right now and the market is volatile as always, but we need to remember that we had a huge bull run at the start of the year and then we stopped, which means that it will continue to go back up again with time and we should be expecting that at least. I do, I am expecting it to go above 30k again and maybe even go above 35k during summer as well, much higher than that during November-December period as well.
These was the words that we can express right now. We are glad that we trust our gut even though we don't know what is coming up ahead when BTC was still kinda new. Buying Bitcoins at lows could make us an easy profit. If we want money, and we want to sell, we will need to monitor the charts for a while, if not and we decide to HODL for the long term, we can just continue doing the DCA strategy. Patience is mainly needed for this.
I think we can see a movement by next month or so. If more people will unite and buy, it could help speed up the recovery rate of Bitcoin but I think only a few will buy right now. It's either they see it as a high price or they are done buying before.
I don't think we will see positive movement next month, the price isn't done correcting itself yet and it will probably go lower from this point and that is what is going to happen next month, the price wills start dropping, and by the time it's done dropping and starts recovering back, the month will almost reach at the end and that is when the price might show some positive movements.I think we can see a movement by next month or so. If more people will unite and buy, it could help speed up the recovery rate of Bitcoin but I think only a few will buy right now. It's either they see it as a high price or they are done buying before.
The best decision for investors right now is obviously to do DCA since the price can drop anytime, and even if it doesn't, one won't be in loss if they were doing DCA, if one buys at once, they might regret if the price drops later.
These was the words that we can express right now. We are glad that we trust our gut even though we don't know what is coming up ahead when BTC was still kinda new. Buying Bitcoins at lows could make us an easy profit. If we want money, and we want to sell, we will need to monitor the charts for a while, if not and we decide to HODL for the long term, we can just continue doing the DCA strategy. Patience is mainly needed for this.
I think we can see a movement by next month or so. If more people will unite and buy, it could help speed up the recovery rate of Bitcoin but I think only a few will buy right now. It's either they see it as a high price or they are done buying before.
I don't think we will see positive movement next month, the price isn't done correcting itself yet and it will probably go lower from this point and that is what is going to happen next month, the price wills start dropping, and by the time it's done dropping and starts recovering back, the month will almost reach at the end and that is when the price might show some positive movements.I think we can see a movement by next month or so. If more people will unite and buy, it could help speed up the recovery rate of Bitcoin but I think only a few will buy right now. It's either they see it as a high price or they are done buying before.
The best decision for investors right now is obviously to do DCA since the price can drop anytime, and even if it doesn't, one won't be in loss if they were doing DCA, if one buys at once, they might regret if the price drops later.
For me Bitcoin has been my 100% portfolio and up to this point, I am glad that I choose that part even though Bitcoin price has undergone a lot of changes lately, my BTC vs $ balance has shown green and also red-negative movements which is a pointer to the activeness of bitcoin volatilities.
Knowing that Bitcoin is volatile in DCA pricing and also having a balanced market that shows not too much of a sign, e.g. 50% price movement within a few hours which is a sign of pump, or a drop in price significantly below 50% which is a sign of dumped.
Bitcoin has a cycle to help calculate its movement unlike those altcoins that have high centralization, subject to pump.
I am completely agree with you. Altcoins are waste to be honest. They are centralised in nature and the price is completely unpredictable. Glad to hear that you have 100% portfolio of Bitcoins. I have 95% bitcoins and 5% ETH in my wallet. I show trust on both of these coins and know their capabilities. Now the ones who crying for this minor price fall don’t know what Bitcoins are capable of. Bitcoins are limited in number, hence when the demand of the coin will increase, automatically the price will also go up. So think wisely and keep on investing. Knowing that Bitcoin is volatile in DCA pricing and also having a balanced market that shows not too much of a sign, e.g. 50% price movement within a few hours which is a sign of pump, or a drop in price significantly below 50% which is a sign of dumped.
Bitcoin has a cycle to help calculate its movement unlike those altcoins that have high centralization, subject to pump.
Since your all about profit while holding BTC, it shouldn't be an issue for you to hold a centralized token when you get 50x profit from altcoins in the bull market.
You know when they say don't put everything in one basket doesn't mean exactly in one wallet but also other investment. If you can profit 10x with ETH, it isn't so bad.
I'm happy for you. Most altcoins for me also are just for hype. I already experienced this before during the early days of my experience in cryptocurrency.
I regret too much before because instead, I kept my Bitcoin, I exchanged them for some altcoins.
Another thing why there are some people are being lured to buy altcoins instead of Bitcoin is because of the ROI they can see versus Bitcoin.
I regret too much before because instead, I kept my Bitcoin, I exchanged them for some altcoins.
Another thing why there are some people are being lured to buy altcoins instead of Bitcoin is because of the ROI they can see versus Bitcoin.
This all comes down to risk and how much more risky you can be in such a situation when you have several options. Bitcoin has already shown to be a low-risk investment with a guaranteed return if you don't panic and buy and hold for a long time.
While most altcoins quit the market in the long run, the higher ROI they receive from some of these coins entice buyers to invest in them, despite the considerable high risk involved. Those that invest in altcoins are just picking between risky investments and those that will benefit them more even if things do not go as planned. But the big deal to invest in is still bitcoin.
Those who choose to invest in Bitcoin rather than other coins enjoy more stability there is no doubt about that, but again we must be smart enough to always caught an edge and make some form of attempt to always act in the right direction which is what make for profitable investments.
For E.g. having a good entry price in buying Bitcoin and at the same time taking the DCA advantage at each point is what makes a successful Bitcoin investor.
For E.g. having a good entry price in buying Bitcoin and at the same time taking the DCA advantage at each point is what makes a successful Bitcoin investor.
Glad to see you believe in Bitcoin and make Bitcoin your main investment. And if you manage to buy bitcoins at the lowest price, now you just have to watch the price movement while still doing DCA to have more bitcoins.
But you still have to be patient again because the condition of the bitcoin market is still like this for a while, and we don't know when the bitcoin market can get bullish again. And waiting while buying is still a good way to see the market turn around again.
And our motivation as bitcoin investors is to get big profits in the future when bitcoin prices can go up. That's why we have to have more bitcoins to get those big profits.
These was the words that we can express right now. We are glad that we trust our gut even though we don't know what is coming up ahead when BTC was still kinda new. Buying Bitcoins at lows could make us an easy profit. If we want money, and we want to sell, we will need to monitor the charts for a while, if not and we decide to HODL for the long term, we can just continue doing the DCA strategy. Patience is mainly needed for this. But you still have to be patient again because the condition of the bitcoin market is still like this for a while, and we don't know when the bitcoin market can get bullish again. And waiting while buying is still a good way to see the market turn around again.
And our motivation as bitcoin investors is to get big profits in the future when bitcoin prices can go up. That's why we have to have more bitcoins to get those big profits.
I think we can see a movement by next month or so. If more people will unite and buy, it could help speed up the recovery rate of Bitcoin but I think only a few will buy right now. It's either they see it as a high price or they are done buying before.
That is true mate and to avoid getting tour heart broken many time, one need to avoid att the pump and dump market and focuse more on bitcoin, this is so important to anyone growing up in a portfolio as that will help to build your knowledge and skills in the direction of tour primary focused, let say bitcoin is a primary currency/investment, you can go deeper by applying some other form of knowledge in chart reading to make some DCA prediction of the market and taking advantage of Bitcoin volatility to make good profits in exchange bitcoin to dollar across each other.
But one can not achieve such a result in altcoin, this is because an altcoin is not knowledge-based development, but rather for short-tespeculationsnns, so holding altcoin is a risk, not many profits from, so we are advised to avoid altcoin and focus on Bitcoin vs DCA.
Altcoins are indeed at high risk because price fluctuations also depend on how bitcoin prices move. But some altcoins that are already strong and continue to follow or offset Bitcoin are other choices besides bitcoin. For example, like Ethereum, BNB and several other altcoins. I still have some ETH to go with Bitcoin long term and the price continues to follow bitcoin's direction. But one can not achieve such a result in altcoin, this is because an altcoin is not knowledge-based development, but rather for short-tespeculationsnns, so holding altcoin is a risk, not many profits from, so we are advised to avoid altcoin and focus on Bitcoin vs DCA.
I do believe that having some money on the side so you could take advantage of these movements would be lovely but not everyone has that kind of cash on the side. There are two reasons why people do not have that, first of all some people make a mistake and they use all their money to buy all at once instead of DCA, and that can be avoided, that's the easy part if you di that then you should not do it ever again and I can see that fixed.
However, the other side is that majority of the world live in poverty, they can't spend any extra dime on bitcoin and that is why they fail to put more money into bitcoin since they do not have it, all likely they may end up selling the ones they already have. So, it is understandable that the strategy is good, but can't be done by all.
However, the other side is that majority of the world live in poverty, they can't spend any extra dime on bitcoin and that is why they fail to put more money into bitcoin since they do not have it, all likely they may end up selling the ones they already have. So, it is understandable that the strategy is good, but can't be done by all.
Quite impressed with the 100% BTC Portfolio, you really believe in bitcoin and indeed it is a good long term investment compared to many altcoins that are held. But if I make an investment, maybe 70% I will allocate for Bitcoin and the remaining 30% I will put into a potentially good Altcoin. Because we also need to make movements in several other altcoins. Doing DCA is also a good strategy to continue to accumulate Bitcoin assets.
Making bitcoin as the first priority of choice in cryptocurrency is one of the first best decision to make, the main time ome missed it like this he may hardly finds it difficult to get back on track because by then, alot of money would have been involved and lost away to the first mistake, there are few other currencies that are well to do aside bitcoin but that still doesn't place them on a higher priority than the bitcoin itself which is the king of cryptocurrency.
many people hope that the price of bitcoin will skyrocket soon, they hope that the price can reach $ 100k soon this year so that the price in 2024 when the halving day occurs can reach $ 200k, in my opinion when the price goes up too fast then this is dangerous because it is easy to control, the better increase slowly, for example, an annual increase of 25% but routinely and continues to occur.
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But one can not achieve such a result in altcoin, this is because an altcoin is not knowledge-based development, but rather for short-tespeculationsnns, so holding altcoin is a risk, not many profits from, so we are advised to avoid altcoin and focus on Bitcoin vs DCA.
As an investment asset, Bitcoin is much better than altcoins. With regards to certainty, Bitcoin is also superior compared to altcoins.But one can not achieve such a result in altcoin, this is because an altcoin is not knowledge-based development, but rather for short-tespeculationsnns, so holding altcoin is a risk, not many profits from, so we are advised to avoid altcoin and focus on Bitcoin vs DCA.
Bitcoin also has risks but the risk is much lower than holding an altcoin that is synonymous with disposal.
However, I think that there are some altcoins that are still worth considering to keep with the aim of expecting returns because when the Bitcoin price goes up, some big altcoins will also follow and that's when people who hold altcoins can get a lot of profit.
100% of the portfolio contains Bitcoin, of course that's very good in my opinion. But setting aside a few percent for altcoins like Ethereum is also good for the purposes I stated above.
I agreed to focus on Bitcoin and try to avoid altcoins that don't have great potential.
For me Bitcoin has been my 100% portfolio and up to this point, I am glad that I choose that part even though Bitcoin price has undergone a lot of changes lately, my BTC vs $ balance has shown green and also red-negative movements which is a pointer to the activeness of bitcoin volatilities.
Knowing that Bitcoin is volatile in DCA pricing and also having a balanced market that shows not too much of a sign, e.g. 50% price movement within a few hours which is a sign of pump, or a drop in price significantly below 50% which is a sign of dumped.
Bitcoin has a cycle to help calculate its movement unlike those altcoins that have high centralization, subject to pump.
Generally, just like other people, I believe diversification is the best thing since it allows you to try other cryptocurrencies as well and you might even get some noticeable profits from some altcoins as we all know that altcoins are generally more volatile than Bitcoin because they have smaller prices, but, having and holding just Bitcoins isn't that bad.Knowing that Bitcoin is volatile in DCA pricing and also having a balanced market that shows not too much of a sign, e.g. 50% price movement within a few hours which is a sign of pump, or a drop in price significantly below 50% which is a sign of dumped.
Bitcoin has a cycle to help calculate its movement unlike those altcoins that have high centralization, subject to pump.
If you talk about cycles and movement calculations, I honestly think that even if it has cycles, it is still not really easy to calculate its short-term movements and it can still move either way at any given time whether it is in a bull cycle or a bear cycle.
Quite impressed with the 100% BTC Portfolio, you really believe in bitcoin and indeed it is a good long term investment compared to many altcoins that are held. But if I make an investment, maybe 70% I will allocate for Bitcoin and the remaining 30% I will put into a potentially good Altcoin. Because we also need to make movements in several other altcoins. Doing DCA is also a good strategy to continue to accumulate Bitcoin assets.
I can't blame someone for being so 100% on bitcoin. In my experience, even when I felt I was on track with my analysis on altcoins and my expectations was just about time before it begins to materialise in favour, altcoins still got to dump in ways that I list expected. It's no surprise that bitcoin creates of follows these paths or systems of dynamics but with bitcoin, there are certain assurances.Hence, one going all in gor bitcoin and being able to hodl for a long time is almost certain to profit off there hodlings. This has been the obtainable and its not broken till this moment.
But one can not achieve such a result in altcoin, this is because an altcoin is not knowledge-based development, but rather for short-tespeculationsnns, so holding altcoin is a risk, not many profits from, so we are advised to avoid altcoin and focus on Bitcoin vs DCA.
Quite impressed with the 100% BTC Portfolio, you really believe in bitcoin and indeed it is a good long term investment compared to many altcoins that are held. But if I make an investment, maybe 70% I will allocate for Bitcoin and the remaining 30% I will put into a potentially good Altcoin. Because we also need to make movements in several other altcoins. Doing DCA is also a good strategy to continue to accumulate Bitcoin assets.
I can't blame someone for being so 100% on bitcoin. In my experience, even when I felt I was on track with my analysis on altcoins and my expectations was just about time before it begins to materialise in favour, altcoins still got to dump in ways that I list expected. It's no surprise that bitcoin creates of follows these paths or systems of dynamics but with bitcoin, there are certain assurances.Hence, one going all in gor bitcoin and being able to hodl for a long time is almost certain to profit off there hodlings. This has been the obtainable and its not broken till this moment.
Quite impressed with the 100% BTC Portfolio, you really believe in bitcoin and indeed it is a good long term investment compared to many altcoins that are held. But if I make an investment, maybe 70% I will allocate for Bitcoin and the remaining 30% I will put into a potentially good Altcoin. Because we also need to make movements in several other altcoins. Doing DCA is also a good strategy to continue to accumulate Bitcoin assets.
I think that is not really that bad, I mean I wouldn't do it but I believe that it is not going to be as much as people think it will be and should be considered normal. Too many people are acting as if that's going to be something that we should be careful about and not do it, but the reality is that we should be considering the best possible thing we should, and that we should be fine with not really having anything else.It would be very difficult if we could have just one thing I am careful about is not to get anything that would be risky for me and that would be something we all need to be careful about. Don't go full on anything else, and do not buy anything that is risky, just assume the best for bitcoin and that would be helpful for all of us.
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