Topic: Investing against 2024 - page 4. (Read 781 times)

Just let those CBDC's to float around because it would really be still an another thing if we do speak and focused out more on something decentralized which we do know that in cryptocurrency market do exist.

This is why if you do go for long term with this kind of accumulation then it would really be depending on you and should know on where you do stick out.Investing decisions will really be entirely be depending

on you.Market is truly unpredictable even if you do thought that it was really just that simple but there are lots of things and factors which you would be needing up to experience
before you could really make yourself that able to sustain within this market.

Actually I'm not getting a clear picture of what you're thing to say but if I'm not wrong, then I want to let you know that  Bitcoin is a decentralized digital currency on it's own and doesn't depend on government or any other digital currency.
Investing in Bitcoin now for 2024 would actually be one of the best decisions one could make now and ever since I got into Bitcoin, I haven't seen any reason to regret my investments in Bitcoin and I would glad tell anyone to invest or buy more of Bitcoin now since we are in the bear market and be ready to smile hopefully by 2024.

Hasn't the CBDC issue been sticking out to the public for a long time? and in my opinion this issue has not only happened this year but has been developing for a long time so this is not too surprising anymore, now progress has developed in all aspects of life including in terms of the financial economy, namely digital finance, but in my opinion for CBDC it not will be realized this year in the near future, the presence or absence of CBDC will certainly not affect our interest in bitcoin investing and like most of us here who choose bitcoin as the main investment for various reasons.

What coin do you mean, where did you get the information that the elites will introduce a new digital currency, please point us to a valid source that strengthens your assumptions. Choosing to invest in Bitcoin is always a wise decision, Bitcoin is still able to survive even though many negative issues have befallen it, when the economy is difficult due to a pandemic, investors are still hunting Bitcoin.
Never doubt the popularity of Bitcoin, even though many new coins are arriving, Bitcoin is still the top choice for investors.

One of the core principles of Bitcoin is decentralization, which means it's not controlled by any single entity or government. This decentralization is what makes it resistant to censorship, corruption, and other forms of oppression. CBDCs are not necessarily designed to compete with Bitcoin. It's a digital version of a country's fiat currency, and its main purpose is to provide a more efficient payment system, while still being controlled by a central authority such as a government or central bank.

While CBDCs may offer some advantages compared to card payments, they are still subject to government control and potentially vulnerable to censorship or manipulation. In contrast, Bitcoin's decentralization allows it to operate independently of government influence. It's important to note that Bitcoin and CBDCs serve different purposes and will probably coexist in the digital currency landscape. Furthermore, Bitcoin operates on a fixed supply schedule and is not subject to inflationary pressures that can impact fiat currencies. In contrast, CBDCs may still be subject to inflationary policies set by the central authority.

In short, CBDCs might be useful for some situations, but Bitcoin's decentralized nature and special features still make it a great choice for people who want more control and freedom in their financial transactions.

It is my view that the decision to invest in Bitcoin should be based on thorough research and analysis, not speculation or rumors about future market conditions. While it is true that 2023 could bring significant changes to the digital currency landscape, there are still many unknown factors that could affect the value of Bitcoin.

I never even cared if my government accepted cryptocurrencies or not? I still believe that even if governments do not accept it, it will continue to grow and cannot be stopped. As long as the need for it is always there, no one can stop it. Cryptocurrencies are still an investment that I have and will always choose, and there will always be a way for me to use them without government permission.

Which new digital currency are you referring to?
If it's a meme coin, then I think almost every month these coins are released, but we never know how the process will go, because most of them will become trash.

If it's a CBDC, then I don't think it has anything to do with coins or even bitcoin altogether which have been more popular in the crypto space, because they are centralized and a product of government.

You can think about the decision to invest with several important aspects, one of which is the strength of the coin and its fundamentals.

Bitcoin has provided evidence of its journey, even though the market is experiencing a severe correction, a wise decision to invest in bitcoin is clearly better than taking opportunities in other coins, because most of us already know bitcoin can provide far more maximum profits.

I have tried to understand what the topic creator means but it seems that it wasn't easy for me to understand. Looking at it, when you say about the new world order digital currency the first thing that should come in mind is Bitcoin. How come you are of the opinion that bitcoin my not be among the new world digital currency?
Or are you of the opinion CBDC would be the new world digital currency? If that is what you actually meant I am sorry to announce to you that you are wrong. In this present world people are aware of the importance of decentralization. Nobody would be so willing and happy to invest in centralisation, in censorship and in manipulation. The world is tilting towards freedom and Liberty. So bitcoin should be at the forefront of the new digital world currency.

Investing in BTC before 2024 can be a wise decision if you have considered and thoroughly studied the crypto market. However, investing in BTC can be risky due to the highly volatile nature of the cryptocurrency market.


In addition, the fact that the elites have an agenda towards a new world order and a new digital currency does not mean that BTC will be abandoned or have no value. BTC is one of the most popular cryptocurrencies and has been accepted by many countries and businesses around the world.


So, if you decide to invest in BTC, you should have a good understanding of the nature and operation of the cryptocurrency market, adjust your psychology to withstand price fluctuations, and limit your risk by investing. Invest part of your assets instead of putting all your trust in BTC. If you consider and invest wisely, investing in BTC can bring high returns in the future.

The elite? What have you been drinking?
Every year comes with a similar set up, you are the one who could make a difference.

Is the digital currency you mean CBDC? I don't think it will matter to crypto adoption, because the crypto community is already formed and it's already quite big and strong in my opinion. Even when there is a lot of negative news about the crypto market, the proof is that until now the crypto market is still standing strong and will continue to grow. So no matter what, I will remain confident that investing in Bitcoin and Altcoins will still be the best choice.

You don't need to hesitate in determining the steps to invest in bitcoin, the most important thing is you have to understand the basics about bitcoin. because if you only speculate on bitcoin, that's not good. because bitcoin is not a speculative item.

investing in bitcoin in the current year will be one step closer to progress of the times. because try to pay attention, nowadays almost all over the world, things have changed, for example: now if you want to shop you don't always have to visit the shop directly, but now you can via the internet, all you have to do is open the web or the online shop service provider application, just select and then buy.

and now back to bitcoin, bitcoin is decentralized digital money, which has many uses, even in El Salvador bitcoin has officially become the country's currency.
and with this phenomenon we must take a wise stance, and by investing in bitcoin, in my opinion it is a wise thing for future prosperity.

Many people say that bitcoin will increase in price in 2024, that doesn't mean it will definitely happen. As an investor, you need to do your own research, not just rely on other people's predictions, they like you, cannot predict the future. I'm not saying they're wrong, or bitcoin won't go up, I mean, make your own decisions.

2023 is still a good year to invest in bitcoin, but for OP, I think he should have knowledge before investing. Investing without knowledge is a hundred times more risky than investing late.

Its important to consider other factors that may affect Bitcoin's value, such as regulatory changes, adoption rates, and technological developments.

 In general, investing in any asset comes with risks, and it's important to do your own research and make informed decisions based on your personal financial goals and risk tolerance.

Bitcoin is not fiat and I don't think bitcoin can fail because of the way bitcoin is pulling waves,it is an asset which more people have begin to understand its potential. As long as it is a centralized system running the new project,bitcoin remains the superior. I hope you are not been fed with your information on bitcoin.

Opportunity comes once in a while,if you know that after bitcoin halving by 2024,bitcoin price will hit the bull,why don't you start investing now that the price is low,if you haven't. Stop thinking negatively, because so many of us has made this same mistake years back. If you invest, you will reap bountifully from your investment by 2025.

is the digitization of money that you mean CBDC?. so yeah that's true now all countries are competing in the CBDC project for their respective country's currencies. some countries are even in the trial phase that has been disseminated to their people or used in their society like China for example. Even in October 2022, transactions by the Chinese community using CBDCs have almost reached US$14 billion. ¹ which means they have been quite successful in creating digital currency for their country.

and speaking of bitcoin then I think whether they will put on the agenda or not. i think Bitcoin will kick in by itself. Bitcoin they can not avoid and lose. so the only way will be more and more countries adopting it in the future. or at least they will allow their citizens to invest in Bitcoin. because now many countries have legalized Bitcoin as a commodity asset, for example, like in Indonesia. so I think investing in bitcoin is indeed a very wise thing to do. because the actual price potential I think is still much higher than the ATH ever reached. at least that's what i thought. please do your own analysis before deciding to invest or not. because you are responsible for all your own actions.

--------------
Reference :
1. https://id.beincrypto.com/transaksi-cbdc-cina-diklaim-hampir-tembus-14-miliar-usd/

Bad news will be there and it's effect will always outweigh the positive news. That does not mean market will get crushed, it will go down and come back up again, that is just a question of when and patience. If you have the patience to hold through a bear market you will come out strong in the bull market.

OP does not seem to have any idea of how this works of they are referring to something else and I don't think it's about CBDCs at all.

To be honest, I don't think it has anything to do with fiat currency which is projected to become a CBDC. In my opinion, it is the same as paper FIAT, has no supply limits, is centralized and of course controlled by the government. So is it wise to invest in bitcoin?
With the progress of society being automated into digital payments or digital finance, I think it will actually make it easier for someone to touch bitcoin, and if it is estimated that people will adopt bitcoin more and faster than in 2021-2022. So the conclusion is a wise decision if you invest in bitcoin, because basically CBDC even though the government made it against cryptocurrencies, but in my opinion it doesn't affect anything and is not a threat because bitcoin can be used as an alternative investment sector.

I don't think anyone will know the price of bitcoin in 2024, but many say that in 2024 the price of bitcoin will increase.
so I think in this case we have to be smart in investing and have to be smart in buying
but I think 2023 is a good time to buy with the condition that you have to buy btc every time there is a decline and gradual.

I think investing in btc in 2023 is wiser than not investing at all...