what do you expect from cryptocurrency?

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legendary

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Quote from: Boomber on March 22, 2023, 09:37:11 PM

Quote from: MiF on February 13, 2023, 04:13:28 PM

This time i would still expect profit from crypto, i believe that crypto will make a new history this year and i believe that those who can hold will have a big gain, many expect that this year would be a bullish year for bitcoin and i hope so.but we still beed to be careful bitcoin is still high on volatility stop loss is always a good strategy.

I don't really recommend you to stop loss, because in my opinion it doesn't need to be done, unless you invest in shit coins, but if you invest in cryptocurrencies that are popular, then you don't need to be afraid and never do stop loss, because it's better for you to do DCA (my personal opinion), but everyone has their own opinion and strategy.

Exactly, everyone has their own opinion and has their own understanding of how the business works. If you trust the asset, you invest your money. I also agree that there's no need for stop loss as it will cause you to lose your money.

But if you are unsure and you are investing with some meme coins or new projects that you are just using,
for quick benefits, stop-loss is very important to avoid losing a lot.

Boomber

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Quote from: MiF on February 13, 2023, 04:13:28 PM

This time i would still expect profit from crypto, i believe that crypto will make a new history this year and i believe that those who can hold will have a big gain, many expect that this year would be a bullish year for bitcoin and i hope so.but we still beed to be careful bitcoin is still high on volatility stop loss is always a good strategy.

I don't really recommend you to stop loss, because in my opinion it doesn't need to be done, unless you invest in shit coins, but if you invest in cryptocurrencies that are popular, then you don't need to be afraid and never do stop loss, because it's better for you to do DCA (my personal opinion), but everyone has their own opinion and strategy.

rhodelmabanal

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Quote from: rikybrosh on November 29, 2022, 02:13:06 PM

Todays world's economy is not so good. High rate of inflation and many bad things are happen, also cryptocurrency market seems not so good either. But I think it is better to hold bitcoin rather than fiat as government seems that can't do something significant improvement on economic growth. Unlike my expectations for the world economy, I have good expectations to cryptocurrency especially bitcoin. Bitcoin has a good thing that called a "Halving" where it usually cause it price to rise, while other fiat don't have anything to expect except inflation. I would like to know about your expectations about cryptocurrency, please share your opinion.

Cryptocurrency well surely make a history and i believe that many people are now rich because of cryptocurrency, i think the chances of becoming rich is big in crypto than doing your daily job with a minimum salary, i have so many friends that has now financially free because of crypto even if they only make crypto as thier part time work most of them are bounty hunters and at the same time investors. So have patience we are not lucky this time but soon maybe our time to become rich will come.

irsykes

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not always bad days all the time and not always good days go safely without risk. all things must have a small or big risk, it's just us how to respond to the problem that is happening. just an example of bitcoin investment happening minus our money there must be a way out patiently waiting for the bull season to arrive. will definitely be returned to our finances and get a profit. what is impossible in the world of crypto which is very impossible it can be, be patient, persevere without giving up fighting. success can be achieved

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legendary

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Quote from: errorcode99 on March 13, 2023, 09:36:34 AM

The user must have knowledge of the volatility that makes the pieces fluctuate quickly. So when they accept the fact that with success there will always be hurdles and dangers so timing can increase the chances of success also overcome the fear of loss and think that if you lose this time it will have a significant impact on your trading and can make your trades quite meaningful.

Yes, that's very important! Knowledge is your advantage as to how you describe and mentioned your point. If you have that capability and skill to adjust to every market situation, the timing will favor your decision making.

Most of the people who collect profits mostly have good experienced and knowledge with the business,
whatever types of market condition, they can gain benefits.

andriarto

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Quote from: fullhdpixel on March 13, 2023, 02:48:58 PM

Quote from: errorcode99 on March 13, 2023, 09:36:34 AM

The user must have knowledge of the volatility that makes the pieces fluctuate quickly. So when they accept the fact that with success there will always be hurdles and dangers so timing can increase the chances of success also overcome the fear of loss and think that if you lose this time it will have a significant impact on your trading and can make your trades quite meaningful.

Pretty interesting how you relate volatility to our life or when achieving success but I think volatility is not a hindrance on the experience coiners because this is how they craft their wealth but just like the hurdles in life, volatility can also slow us down on achieving our goals. This is why we need a patience here in investing. It depends on the loss that we incur. If it's a big one then it will have a big impact on our life but if it's only small, we can easily overcome it.

As a beginner, we should only start small because we still have a limited knowledge and we are very fragile with our emotions. We can only gradually increase the amount the moment our knowledge is also improving.

knowledge is the main key in achieving success, in addition to patience. on the other hand we also have to be able to take advantage of the moment, when the pump market means we also have to be able to sell it without greed, and vice versa. by being able to carry out such a strategy I hope to get rich from cryptocurrency, and hopefully I can open a business from the results of this investment

naikturun

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there is no guarantee that bitcoin will be fine, if the world economy is disrupted.
recently one of the banks in the US went bankrupt and forced everyone to withdraw their money and put it somewhere else but it doesn't mean that it will be there forever, there will always be displacement.

fullhdpixel

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Quote from: errorcode99 on March 13, 2023, 09:36:34 AM

The user must have knowledge of the volatility that makes the pieces fluctuate quickly. So when they accept the fact that with success there will always be hurdles and dangers so timing can increase the chances of success also overcome the fear of loss and think that if you lose this time it will have a significant impact on your trading and can make your trades quite meaningful.

Pretty interesting how you relate volatility to our life or when achieving success but I think volatility is not a hindrance on the experience coiners because this is how they craft their wealth but just like the hurdles in life, volatility can also slow us down on achieving our goals. This is why we need a patience here in investing. It depends on the loss that we incur. If it's a big one then it will have a big impact on our life but if it's only small, we can easily overcome it.

As a beginner, we should only start small because we still have a limited knowledge and we are very fragile with our emotions. We can only gradually increase the amount the moment our knowledge is also improving.

errorcode99

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The user must have knowledge of the volatility that makes the pieces fluctuate quickly. So when they accept the fact that with success there will always be hurdles and dangers so timing can increase the chances of success also overcome the fear of loss and think that if you lose this time it will have a significant impact on your trading and can make your trades quite meaningful.

slashz9

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I think when the world market doesn't improve then it will affect other markets like crypto and stocks.
so holding bitcoin right now is also risky, holding fiat can also cause its value to fall if the price is unstable against other currencies.
so everything is at risk when the economy is not stable.

rahulzx

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Governments Print money to manage the foreign remittance, funds in economy.
If Crypto has limited supply there be market driven price and use as commodity.
Decentralized money flow is key thing that we expect

errorcode99

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Of course I hope the market can recover or the price of ETH can reach at least $3500, Cake and so on while the market is on top, now the price is down and more than 70 % I lost money, when there is a moment to rise.

@sriyan

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Quote from: rikybrosh on November 29, 2022, 02:13:06 PM

Todays world's economy is not so good. High rate of inflation and many bad things are happen, also cryptocurrency market seems not so good either. But I think it is better to hold bitcoin rather than fiat as government seems that can't do something significant improvement on economic growth. Unlike my expectations for the world economy, I have good expectations to cryptocurrency especially bitcoin. Bitcoin has a good thing that called a "Halving" where it usually cause it price to rise, while other fiat don't have anything to expect except inflation. I would like to know about your expectations about cryptocurrency, please share your opinion.

As we all know, Bitcoin is resistant to inflation as the supply is fixed. With economic situations, the price of Bitcoin can vary, but 1 Bitcoin will be equal to 1 Bitcoin no matter what. When it comes to fiat currencies, 1000 dollars 10 years ago doesn't equal 1000 dollars today, due to inflation.

Fuso.hp

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The market is much better now compared to late 2022. However, at the beginning of 2023, the cryptocurrency market was giving a lot of positive signals, it seemed that the market might go to a better stage from now. But the market is going negative again. Everyone who is currently involved in cryptocurrency has an expectation surrounding cryptocurrency. It is from that expectation that many are spending their precious time and investing money in cryptocurrencies. However, expectations from cryptocurrencies should always be kept within limits. Because the crypto market is not that safe. But at this time, it is better to buy and hold bitcoin than to keep paper money in the bank, because if the market goes a little better from this situation, it is possible to earn a lot of profit.

FanEagle

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Quote from: sana54210 on February 28, 2023, 02:19:21 PM

Quote from: kotajikikox on February 27, 2023, 01:18:54 AM

well, weeks after your posts? market recovered though not that high like what in 2021 yet we can see it moving Green each week.
maybe stagnant to 23-25k but this is much better to look at than continues dumping right?
so let it happen now as we are believing about the coming hype any time this year or the next.
if we are totally trusting bitcoin then we must trust with all of hearts .

I guess that it's really not an easy thing to handle when you consider all the possible things that could go wrong. I think it's clear that people are just generally quite afraid of what's going on, and I understand why, I would say don't be, I am not and nobody should be afraid of the market. But at the same time I do understand people who are afraid because that's all they saw.

In the end, bitcoin will go up, the year 2023 will be a good year, it has been a good year so far and I am guessing that it will continue to be a good year in the long run as well. It's just not that easy to figure out that easily, it will take a bit of a time for it to happen.

I think that's mainly because many people come in during the bull market, and they missed out on the bull market itself, they came in halfway through the bull market, bought it and then it went up only a bit, but then for the past 1.5 years it has been crashing and they only saw the bad side of it.

Some of them already left and that's a terrible thing, but at the same time there are some that are still in the market and they are going to end up seeing something much better when the bull run happens. I was afraid during my first ever bear run as well, but with more and more time I started to see something better and I am doing much better these days as well.

ichsan ardi

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Quote from: rikybrosh on November 29, 2022, 02:13:06 PM

Todays world's economy is not so good. High rate of inflation and many bad things are happen, also cryptocurrency market seems not so good either. But I think it is better to hold bitcoin rather than fiat as government seems that can't do something significant improvement on economic growth. Unlike my expectations for the world economy, I have good expectations to cryptocurrency especially bitcoin. Bitcoin has a good thing that called a "Halving" where it usually cause it price to rise, while other fiat don't have anything to expect except inflation. I would like to know about your expectations about cryptocurrency, please share your opinion.

I prefer bitcoin over fiat because bitcoin has a halving that will make the price of bitcoin significantly increase and bitcoin will be scarce. A simple example is if you try to send your money to another country, you will know the level of bullshit from the bank if you use bitcoin for 2 to 3 minutes. sent easy via bitcoin that's why I prefer bitcoin over fiat.

inthelongrun

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Quote from: TheGreatPython on March 06, 2023, 01:09:53 PM

Quote from: inthelongrun on March 04, 2023, 06:54:26 AM

The world economy will recover and won't turn worst as some others predicted. The bitcoin halving will remain a crypto bull run next year and the following year. I expect ATHs will be reached once again on bitcoin and some altcoins. I am getting pumped and excited although I really really need more funds in order to take advantage of the coming bull run. But I guess I am not selling my house anymore. Just most of my stocks' investments will be shifted to cryptocurrencies by this year or next year. I expect a lot from crypto next year and the following year. I am really hoping that I can recover everything that I lost last 2018, the pandemic and global crisis wherein lots of businesses were closed.

It will recover but I think not in a great extent as there are some countries who can't keep up with the pace. Bitcoin halving and crypto bull run is not the same but many of us think that halving can trigger a crypto bull run. Well, let see about that. I am not saying that I am not optimistic but I was also like you who still believe for a new ATH on BTC and other cryptos.

You are not selling your house anymore, but does it mean you already sold your other house before? Dang. You're right, don't sell the thing that you still need because there are still a risk in investing in Bitcoin. You must not transfer all your other assets in crypto. Just let them as is, and treat them as a part of diversification.

Bitcoin price growth and altcoins won't be the same as before so I am a little more conservative here. Maybe $100k for bitcoin is achievable. Even at that price, there'll be a lot of money put into it in order to reach that price.

No mate, this is my first house. But in 2018 I was forced to sacrifice more than 10 bitcoins at $3k+ each just to make sure I have funds available to pay the last remaining balance once it's completed. What's in my head right now is to focus on crypto and then diversify again at the start of 2026.

TheGreatPython

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Quote from: inthelongrun on March 04, 2023, 06:54:26 AM

The world economy will recover and won't turn worst as some others predicted. The bitcoin halving will remain a crypto bull run next year and the following year. I expect ATHs will be reached once again on bitcoin and some altcoins. I am getting pumped and excited although I really really need more funds in order to take advantage of the coming bull run. But I guess I am not selling my house anymore. Just most of my stocks' investments will be shifted to cryptocurrencies by this year or next year. I expect a lot from crypto next year and the following year. I am really hoping that I can recover everything that I lost last 2018, the pandemic and global crisis wherein lots of businesses were closed.

It will recover but I think not in a great extent as there are some countries who can't keep up with the pace. Bitcoin halving and crypto bull run is not the same but many of us think that halving can trigger a crypto bull run. Well, let see about that. I am not saying that I am not optimistic but I was also like you who still believe for a new ATH on BTC and other cryptos.

You are not selling your house anymore, but does it mean you already sold your other house before? Dang. You're right, don't sell the thing that you still need because there are still a risk in investing in Bitcoin. You must not transfer all your other assets in crypto. Just let them as is, and treat them as a part of diversification.

Jose Mourinho

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in the digital era like now, I personally really hope that cryptocurrancy will grow rapidly in the future, because crypto currencies such as bitcoin, binance, ethereum, and other digital currencies can be the right solution for the unemployed to be able to make money that can sufficient for their daily needs,

saladin7000

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considering the growth of digital technology is increasing, I think cryptocurrancy is a very promising means of investment, where many currencies are in the form of digital coins such as BTC, ETH, BNB and many other coins that have high potential to be able to provide benefits for holders, and of course we hope that cryptocurrencies can provide additional income that can meet our daily needs.

Topic: what do you expect from cryptocurrency? (Read 1295 times)