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Topic: Investing against 2024 - page 11. (Read 1789 times)

sr. member
Activity: 714
Merit: 358
Underestimate- nothing
November 10, 2022, 05:59:44 AM
#6
Sometimes giving people investment advice is beneficial, but encourage them to conduct their own research instead. Most people will be interested in investing, but once the market begins to decline—which is normal given that we are experiencing a bear market—they may become impatient and pull out, so whenever investment advice is given, we should try to make it as clear as possible. In my experience, after investing and telling people to conduct research and give concrete explanations the following few weeks were very difficult. After providing the fundamentals, make a decision, that how I give my advice to people that want to invest.
full member
Activity: 588
Merit: 119
Play Bitcoin PVP Prediction Game
November 09, 2022, 08:35:00 PM
#5
I think it's wise to invest smartly against 2024, there is high tendency of hitting it big in crypto from next year to 2024. I advise you put reasonable capital on bitcoin and few funds in altcoin. Don't sleep on this one. It's a banga!! Let's make this money together.

Based on researchs, most people believe the next bull run should happen by 2024 but this isn't 100% guarantee. Crypto can be funny. Don't be surprised even seeing more bearish that year. Although bullish coming soon but it's better to invest wisely in cryptocurrency because people are so funny, some may go to the extent of borrowing more to invest with the assurance of bullish by 2024. Invest wisely using DCA because no one knows the bottom or last deep of any coin or token.
legendary
Activity: 2562
Merit: 1441
November 09, 2022, 07:29:07 PM
#4
Bitcoin used to peak in value during the black friday and christmas holiday season. The 1st quarter of the year is usually when there is a lull in transaction volume, which is when bitcoin historically declines in value.

With the exception of the latest drop in bitcoin value, bitcoin has exhibited considerably less volatility than stocks, bonds and forex.

If we're discussing market mechanic based influence on crypto prices, its certainly an interesting discussion we will have. The evolution and shifts of crypto price trends has certainly been an interesting ride for anyone who bothered to pay attention. The faces of crypto traders has certainly changed over time. With each shift and introduction of new trader classes, trends in crypto value have shifted.

New amendments to crypto trading such as commission less trades in 2017 also have exhibited a noticeable effect. As has the introduction of stablecoins like tether.

What will the next few years hold in store for crypto as an asset class. As some mentioned we have the upcoming halving which historically has been extremely bullish for btc.
legendary
Activity: 1988
Merit: 2160
Professional Community manager
November 09, 2022, 05:37:05 PM
#3
I advise you put reasonable capital on bitcoin and few funds in altcoin.
I advice you do not give investment advise to others. You can instead give them you technical or fundamental analysis and encourage them to their own research and decide whether or not to out money into an asset or not.
hero member
Activity: 2954
Merit: 725
Top Crypto Casino
November 09, 2022, 05:17:55 PM
#2
I think it's wise to invest smartly against 2024, there is high tendency of hitting it big in crypto from next year to 2024.
2024 is the time that the next halving will happen, so, it makes sense that you should look into that because we know how cheap the coins are right now. And then, how massively they could be on that time and most likely after the halving.

I advise you put reasonable capital on bitcoin and few funds in altcoin. Don't sleep on this one. It's a banga!! Let's make this money together.
Even if we tell them to buy bitcoin, they'll look for those altcoins that might go 100x and that's in their minds already. They don't see the stable growth and slowly but surely gain for bitcoin.
newbie
Activity: 6
Merit: 0
November 09, 2022, 04:35:14 PM
#1
I think it's wise to invest smartly against 2024, there is high tendency of hitting it big in crypto from next year to 2024. I advise you put reasonable capital on bitcoin and few funds in altcoin. Don't sleep on this one. It's a banga!! Let's make this money together.
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