Bitcoin start rising up what coin is good for investing right now for short term

alankasman

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Quote from: Essential10 on December 31, 2023, 06:03:47 AM

Buying Bitcoin is better than all other coins because of its huge future value potential. The cryptocurrency market is extremely volatile and there is no guarantee that Bitcoin will reach a new all-time high. However, the Bitcoin bullrun is ongoing. I see some altcoin growth in the market along with Bitcoin. But I think many people in altcoin investing may be afraid of the latter. The best and wisest thing to do is to invest in Bitcoin because you will get more security in Bitcoin than any other coin.

Some coins have increased by up to 200% within 24 hours, isn't that interesting? If you choose not to be interested, then you understand it's just hype. If you fail to sell again while the price is still high, then losing money is the real result.

Buying Bitcoin in every situation is always better. Bitcoin does not follow hype and so on because Bitcoin is always valuable even though the crypto market is full of fluctuations. Bitcoin is about durability of value.
Purchasing Bitcoin using DCA I think is the best method to do.
Investing in Bitcoin is always better than using money to invest in altcoins.

tvplus006

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Quote from: lixer on December 31, 2023, 03:24:23 PM

The growth of SOL has been pretty significant, to be honest. A lot of people didn't invest, including myself, when it was around $28 because we didn't know Bitcoin was going to grow this much all of a sudden, and SOL managed to hit over $130 in no time, imagine if you had invested in it when it was at $28 and then you had sold after it reached $120+, you would get more than 4x return on your investment that too in a period of hardly one and a half months...

I can continue this endless series of unused possibilities. Then, when the SOL price reached its maximum, it was possible to open a short position with x10 leverage, thus fixing a profit of 500%. That's just in practice, few people would be able to make such a profit, and some on the way to super profits lost their money altogether.

Obim34

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Quote from: tvplus006 on December 30, 2023, 12:01:15 PM

Of course, investing in Bitcoin is safer than investing in altcoins, but for those who have a small balance, such a purchase will be less interesting than buying altcoins. And the fact that buying altcoins can bring much more profit is undeniable. In this case, it is very important to buy a coin that can grow in price in the future and mistakes cannot be made here.

Having a small scale business should not stop you from still buying Bitcoin as it Is not an excuse here, that is why they have to implement the DCA strategies to help meet up the Bitcoin accumulation budget.
Altcoins are prone to giving more rewards but one needs to consider the risk involved before participating

JeffBrad12

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Quote from: batang_bitcoin on December 30, 2023, 11:39:50 PM

Isn't it amazing to see how this thread has started? Op was talking about Bitcoin at $25k where it is $42k now. It may not be yet a 2x gain but if you are going to analyze it, that is already a lot of gain that we've got for Bitcoin. He is also right that the alts has come and followed it and we saw a bunch of them have gained like sol and its tokens that were made there like the meme ones such as Bonk.

bitcoin has always proven to be growing each cycle, its no wonder that the price doubles wait until the price quadruple then we will see new all time high and Im realy faithful that eventually bitcoin will reach that high of a price because its a really good coin basically the trend setter of the whole market.
the thing with other altcoin like solana is that its a lot more volatile but yes it does give more profit in the long run but also needs to know that these coin could always bring back down sharply unlike bitcoin that even if it dumps it won't be as sharp unless some big bad thing happening, thats why when people are truly getting into cryptocurrency investment they would think about risk management that is by investing a lot in bitcoin and the rest to altcoin, i do that and it have been working pretty well despite the fact that we might not maximize the profit.
after all thats the price of diversifying portfolio for reducing the risk we also reduce the profit and thats actually kinda fair enough but maybe not really good for people seeking true profit from bullruns.

batang_bitcoin

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Quote from: lixer on December 31, 2023, 03:24:23 PM

Quote from: batang_bitcoin on December 30, 2023, 11:39:50 PM

Isn't it amazing to see how this thread has started? Op was talking about Bitcoin at $25k where it is $42k now. It may not be yet a 2x gain but if you are going to analyze it, that is already a lot of gain that we've got for Bitcoin. He is also right that the alts has come and followed it and we saw a bunch of them have gained like sol and its tokens that were made there like the meme ones such as Bonk.

The growth of SOL has been pretty significant, to be honest. A lot of people didn't invest, including myself, when it was around $28 because we didn't know Bitcoin was going to grow this much all of a sudden, and SOL managed to hit over $130 in no time, imagine if you had invested in it when it was at $28 and then you had sold after it reached $120+, you would get more than 4x return on your investment that too in a period of hardly one and a half months.

I did even saw it under $28 but never invest as well and that's why I just accepted it as a big miss for making money. And I think that it is going to be higher when we get on the actual bull run but that's it, I will still not invest on it because I have already missed a lot on it. The term it is not too late is not applicable for me on this project and any words of encouragement for me to invest on it won't work as well.

Quote from: lixer on December 31, 2023, 03:24:23 PM

And, it's just the beginning, Bitcoin hasn't yet gone all the way up, we are yet to see it reach the previous all-time high and then set a new all-time high after the halving event is done next year, and in the next couple of years are going to be great for all cryptocurrency investors. We missed just a single wave, there are more to come.

Yeah, and this is the one that we're just waiting for. This is the best to wait for the upcoming bull run, halving, etf, and many more factors that will make its price higher.

lixer

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Quote from: batang_bitcoin on December 30, 2023, 11:39:50 PM

Isn't it amazing to see how this thread has started? Op was talking about Bitcoin at $25k where it is $42k now. It may not be yet a 2x gain but if you are going to analyze it, that is already a lot of gain that we've got for Bitcoin. He is also right that the alts has come and followed it and we saw a bunch of them have gained like sol and its tokens that were made there like the meme ones such as Bonk.

The growth of SOL has been pretty significant, to be honest. A lot of people didn't invest, including myself, when it was around $28 because we didn't know Bitcoin was going to grow this much all of a sudden, and SOL managed to hit over $130 in no time, imagine if you had invested in it when it was at $28 and then you had sold after it reached $120+, you would get more than 4x return on your investment that too in a period of hardly one and a half months.

And, it's just the beginning, Bitcoin hasn't yet gone all the way up, we are yet to see it reach the previous all-time high and then set a new all-time high after the halving event is done next year, and in the next couple of years are going to be great for all cryptocurrency investors. We missed just a single wave, there are more to come.

Essential10

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Buying Bitcoin is better than all other coins because of its huge future value potential. The cryptocurrency market is extremely volatile and there is no guarantee that Bitcoin will reach a new all-time high. However, the Bitcoin bullrun is ongoing. I see some altcoin growth in the market along with Bitcoin. But I think many people in altcoin investing may be afraid of the latter. The best and wisest thing to do is to invest in Bitcoin because you will get more security in Bitcoin than any other coin.

tvplus006

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Quote from: 2Pizza410000BTC on December 30, 2023, 08:41:12 PM

...One altcoin that can bring future profits if you invest in altcoins is ORDI. If you analyze ORDI, you can see that people have already made a lot of money from this coin. This coin of the Bitcoin platform is in sync with Bitcoin. If bitcoin reaches all time highs then maybe this token of BRC20 platform can give people a lot of profit if they keep investing. But I can't be right to say you can analyze here and get ready to invest...

When buying an Ordi coin, you should remember that this is the first coin created on the bitcoin blockchain, but nevertheless it is a meme coin. And I don't think its fate will be any different from other meme coins when a pump is followed by a dump. And given the fact that the price of Ordi has already increased many times, you need to be prepared for the fact that there may be a dump in the near future.

batang_bitcoin

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Isn't it amazing to see how this thread has started? Op was talking about Bitcoin at $25k where it is $42k now. It may not be yet a 2x gain but if you are going to analyze it, that is already a lot of gain that we've got for Bitcoin. He is also right that the alts has come and followed it and we saw a bunch of them have gained like sol and its tokens that were made there like the meme ones such as Bonk.

2Pizza410000BTC

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Quote from: tvplus006 on December 30, 2023, 12:01:15 PM

Quote from: Obim34 on December 27, 2023, 07:22:13 AM

Buying Bitcoin is the best as there are still huge chances of making profits, we expect Bitcoin reaching a new All Time High so any investment made now is profitable...

Of course, investing in Bitcoin is safer than investing in altcoins, but for those who have a small balance, such a purchase will be less interesting than buying altcoins. And the fact that buying altcoins can bring much more profit is undeniable. In this case, it is very important to buy a coin that can grow in price in the future and mistakes cannot be made here.

Just as there are high returns in investing in altcoins, there are also high risks. One altcoin that can bring future profits if you invest in altcoins is ORDI. If you analyze ORDI, you can see that people have already made a lot of money from this coin. This coin of the Bitcoin platform is in sync with Bitcoin. If bitcoin reaches all time highs then maybe this token of BRC20 platform can give people a lot of profit if they keep investing. But I can't be right to say you can analyze here and get ready to invest. Investments should always be made on one's own experience and skills, never on the experience of others.

tvplus006

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Quote from: Obim34 on December 27, 2023, 07:22:13 AM

Buying Bitcoin is the best as there are still huge chances of making profits, we expect Bitcoin reaching a new All Time High so any investment made now is profitable...

Of course, investing in Bitcoin is safer than investing in altcoins, but for those who have a small balance, such a purchase will be less interesting than buying altcoins. And the fact that buying altcoins can bring much more profit is undeniable. In this case, it is very important to buy a coin that can grow in price in the future and mistakes cannot be made here.

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Quote from: Wiwo on December 28, 2023, 06:47:21 PM

Quote from: DOH! on February 16, 2023, 07:05:59 PM

Bitcoin has made a recovery impact on most of the market surface but I think altcoins will recover but that doesn't mean it will go up, altcoin bullish trend is not clear yet, free market is create a new trend structure after more FUD happens and the risk on centralized trading is getting bigger and bigger, I think the coins that fit the decentralized trend will get short-term bullish wick by its characteristic oriented to the right needs. I think short-term altcoins are all imo from the news, if you want to watch AAVE, OKB, RPL… I set medium term target at 2024 -2025 so I will reduce short term amounts slightly.

Short-term speculation seems to be the most secure position right now, this is because, most of the coins that have performed well in the market have been able to achieve such because of the impact of the bitcoin market and if you have to follow the trend when it comes to altcoins, you have to be doing that by following short term speculation, because the risk os higher for altcoin when you go in for long term.

Identifying the right coin to speculate and gamble on it price is the ultimate and many of us will fine such coin, but our inability to take those risks, becomes a big limitation, so for the investing in the long-term assets such as Bitcoin may definitely become the most important thing to do right about now.

long term definitely bountiful, just know that we are still in the early stage of bullish I believe there are so many waves of pumping that could helps increase the price of altcoin in general.
and when that happens, we will get quite the profit from just holding for long term alone so I believe that will be beneficial.
the thing with short term around bullrun is that, we might take profit at peak when some coin are rising, but we also might likely ended tobe missing an even bigger pump in the upcoming waves.
because we've taken profit and we are hesitant to get in again because tbh, the coin might be very well kept on climbing up and instead of dumping as we expected, the coin just continues its rally and we are missing good entry point that we have earlier.
short term trading around these trend aren't really the best i presume, if you can invest for long term try to invest for long term because its a lot more beneficial.

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Quote from: DOH! on February 16, 2023, 07:05:59 PM

Bitcoin has made a recovery impact on most of the market surface but I think altcoins will recover but that doesn't mean it will go up, altcoin bullish trend is not clear yet, free market is create a new trend structure after more FUD happens and the risk on centralized trading is getting bigger and bigger, I think the coins that fit the decentralized trend will get short-term bullish wick by its characteristic oriented to the right needs. I think short-term altcoins are all imo from the news, if you want to watch AAVE, OKB, RPL… I set medium term target at 2024 -2025 so I will reduce short term amounts slightly.

Short-term speculation seems to be the most secure position right now, this is because, most of the coins that have performed well in the market have been able to achieve such because of the impact of the bitcoin market and if you have to follow the trend when it comes to altcoins, you have to be doing that by following short term speculation, because the risk os higher for altcoin when you go in for long term.

Identifying the right coin to speculate and gamble on it price is the ultimate and many of us will fine such coin, but our inability to take those risks, becomes a big limitation, so for the investing in the long-term assets such as Bitcoin may definitely become the most important thing to do right about now.

Obim34

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Quote from: Romeotom on December 23, 2023, 04:00:41 PM

May you know the best option for get good altcoins so you can visit cmc and notice that there are many top altcoins who want to run from the bull in the crypto market. But during bitcoin bull I think now you should buy more bitcoin so that loss is less and you sell it in short time to get profit. The price of bitcoin has increased over the past few weeks, indicating a significant bull market. Moreover you can't invest in haste and for that you should always research bitcoin right.

Buying Bitcoin is the best as there are still huge chances of making profits, we expect Bitcoin reaching a new All Time High so any investment made now is profitable.
Most Altcoins will also be good to buy, definitely when the Bitcoin bull run begins many Altcoins will experience huge pump. But how do we indicate which to invest as not to loss our money, the future is never predicted but with Bitcoin certainly no fear of loosing from the investment.

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May you know the best option for get good altcoins so you can visit cmc and notice that there are many top altcoins who want to run from the bull in the crypto market. But during bitcoin bull I think now you should buy more bitcoin so that loss is less and you sell it in short time to get profit. The price of bitcoin has increased over the past few weeks, indicating a significant bull market. Moreover you can't invest in haste and for that you should always research bitcoin right.

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Quote from: Tomcolor on December 08, 2023, 02:16:19 PM

You have to understand bitcoin rising now so that's why you couldn’t bought yet? You should bought bitcoin faster then try to find out another altcoins sector for top coin. If bitcoin price rising will not stop then it will be more profitable even if you can buy today. This is something stable pump then couldn’t dump quickly.

Is not everyone that may have the financial obligations to buy bitcoin for an investment, but i used to say this that in such cases like this, someone can learn to earn bitcoin, the market is more going so fast and quick in rising as we are still working towards the bullrun, the best to invest currently is bitcoin if you're not ready to take any risk or fear with altcoins, we are in the fast rising season of bitcoin bull market which is also profitable for an investment.

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Op, seeing that bitcoin has started rising, why not just invest in the bitcoin rather than looking for altcoin to invest in for short term, besides bitcoin can also be used for short term investment. When you compare the risk of investing in altcoin to investing in bitcoin you see that, is better to make investment in bitcoin first, there is a saying that we shouldn't keep all our eggs in one basket, and that I always like encouraging other to have a good looking portfolio in bitcoin first before thinking of diverting to make investment in other altcoins. Reason I say so is, price of most altcoin are tired to that of bitcoin and If you've watched the market, you see what am talking about, so instead of investing in those coin why not channel majority of the money to Bitcoin.

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Quote from: barhavsky on December 08, 2023, 10:37:07 AM

maybe this topic is out of date, because OP made it in February 2023, but the current situation is the same as what OP discussed, because currently the price of Bitcoin has started to increase again and this is our opportunity to make a profit from investing in cryptocurrency, then altcoin that I recommend you to invest in the short term is ZIL and KAVA, because the price of ZIL and KAVA have not yet experienced an increase, so ZIL and KAVA have a great potential for the price to increase in the near future, therefore I recommend you to invest in ZIL and KAVA.

Don't you think there is a better alternative to ZIL and KAVA? ZIL is known for its high transaction speeds but they are not as fast as solana. Though i think SOL is blockchain is broken due to its building nature but its still the fastest one. On the other hand KAVA is doing great in its sector but AAVE is still the market leader in this market. Also there are few other lending protocols that offer better service and options than KAVA so i am not sure KAVA will be able to hold its position for very long.

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You have to understand bitcoin rising now so that's why you couldn’t bought yet? You should bought bitcoin faster then try to find out another altcoins sector for top coin. If bitcoin price rising will not stop then it will be more profitable even if you can buy today. This is something stable pump then couldn’t dump quickly.

barhavsky

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maybe this topic is out of date, because OP made it in February 2023, but the current situation is the same as what OP discussed, because currently the price of Bitcoin has started to increase again and this is our opportunity to make a profit from investing in cryptocurrency, then altcoin that I recommend you to invest in the short term is ZIL and KAVA, because the price of ZIL and KAVA have not yet experienced an increase, so ZIL and KAVA have a great potential for the price to increase in the near future, therefore I recommend you to invest in ZIL and KAVA.

Topic: Bitcoin start rising up what coin is good for investing right now for short term (Read 709 times)