Is it a must to trade bitcoin to earn profit? - Crypto World - CryptoTalk.Org Jump to content
Calvinpriva

Is it a must to trade bitcoin to earn profit?

Recommended Posts

I always say that trading is of two types, short and long. Trading in famous currencies such as Bitcoin is short trading and needs very large amounts, but trading in new currencies may be more profitable, although it requires waiting for a long time to benefit from these currencies.

  • Useful or interesting 1
  • +1 7
  • +2 7
  • +3 5
  • +4 2
  • +5 2

                                                    BetFury                                                   

    🐥Twitter | 📩Telegram | 🎲 You play - We pay 🎲 | YouTube 🍿| Reddit  🕹

                                                  Free BTC 1 800 Satoshi every day                                                 

Share this post


Link to post
Share on other sites

Most people actually trust those popular coins because its popular and the attention that it managed to get seems pretty high. I can't blame them since I also do that kind of thing whether I only own a few coins of those popular ones. I think the reason why they are only trading to the famous cryptocurrency is because they are anxious if they should trust to invest to other coins and maybe they are also afraid to lose if somewhat the cryptocurrency that they have invested did not work that well like those coins that dropped their values to zero and is not being recognized by the trade exchange platforms to use for trade.

  • Useful or interesting 2
  • +1 8
  • +3 6
  • +4 3
  • +5 2

Share this post


Link to post
Share on other sites

There are a lot of platforms that you can try to earn some income just like this forum it gives you a decent amount of income just make sure that you have quality post. While trading is the most profitable one, but it is not that simple because it is somehow risky especially if you don't have any idea about it. So better to make a research first and talk to the professional trader for advise. I think trader always choose the popular one because it gives them huge profit because of its price. 

Share this post


Link to post
Share on other sites

I also use these coins when I am low on money. These coins are good deal for all type of trader either they are beginner or expert. These coins are available at all forums and you can easily transfer them to many wallets. Their price most of the time doesn't drop. But increases drastically when btc moves upwards. So as a trader and save investment advice I given to many people to invest in xrp, ltc and wave coin. 

  • Useful or interesting 2
  • +1 4
  • +2 5
  • +3 1
  • +4 1

Share this post


Link to post
Share on other sites
1 hour ago, Calvinpriva said:

Don’t worry, this coins are volatile and their price depends on bitcoin. Most of the time they’ll increase or decrease same time with bitcoin. Please, add more details by commenting about other cheap coins that you know are profitable. I will be happy to hear about ETH, LINK, EOS, ETC, TRX and other.  

I like diversification in trading, but I choose currencies cautiously, in fact you mentioned the best currencies to trade because by trading these currencies against bitcoin, you increase the amount of bitcoin that you own and there are many strong currencies that can be traded and make a good profit from them.

  • +1 3
  • +3 3
  • +4 3
  • +5 1

Share this post


Link to post
Share on other sites

These are important currencies and there are many others also that we can benefit from trading through them, I have traded the currency of WAVES and made good profits from it in the recent period.

  • Useful or interesting 2
  • -1 1
  • +1 2
  • +2 2
  • +3 1
  • +4 2

Share this post


Link to post
Share on other sites

There are many kinds trading currencies but I have not any kind of idea about it. Because I am a newbie. But in this forum spending a short time , I learn that Bitcoin is most easily platform for earning. And it takes not enough time to provide money.

Share this post


Link to post
Share on other sites
1 hour ago, Cryptic said:

There are a lot of platforms that you can try to earn some income just like this forum it gives you a decent amount of income just make sure that you have quality post. While trading is the most profitable one, but it is not that simple because it is somehow risky especially if you don't have any idea about it. So better to make a research first and talk to the professional trader for advise. I think trader always choose the popular one because it gives them huge profit because of its price. 

But this thread is all about trading that there are other cryptocurrencies you can gain from aside bitcoin. Take time to read it so that you can understand it very well. 

Also know that trading may not be profitable as it may seem. This is what people do not know about trading especially when they hear of day trading, thinking it is day profit. 

  • +1 5
  • +3 1
  • +4 1

Share this post


Link to post
Share on other sites

There are lots of cryptocurrencies you can trade with not necessary bitcoin, there is also long term and short term trading, the difference is in period, some coins need a lot of time to grow and be stable at the market, do your searches and avoid unknown coins with zero volume.

  • +1 1
  • +2 3
  • +4 1

"We grow by lifting others"

Share this post


Link to post
Share on other sites

I think @Calvinpriva You have stated a very good post that will help me and so many other new begginers am always looking for that one coin that I will profit on and it and hope that some day I earn something good from it but this one will help me a lot. @Omar OmmeishI get your point and its noted.

  • +1 2
  • +3 2
  • +5 1

Share this post


Link to post
Share on other sites

I don't think that it is a must for anyone to trade bitcoin in order to profit, or any crypto for that matter. I understand you point of the topic to diversify the coins that someone is interested in, but i think that in order to generate profit you can also invest your coins and watch them grow. In this way you receive interest and there is little to no risk in doing so. 

 

Having said that, coming to the trading, i definitely agree with you on your coins that you have chosen to trade in addition to bitcoin, and in my opinion i think that two other coins that may prove to be great with trading is dogecoin and ethereum. Dogecoin has a low value so if you trade them, slight changes can equate to quite a bit of profit if done right.

  • +2 5
  • +3 2

Looking to earn through posting on forums? Join Beermoneyforum where you can earn up to $12 daily for your posts! Follow this link to get started: https://www.beermoneyforum.com/?inv=126648

A simple, awesome faucet with payouts in BTC and TRX. Join now at https://moremoney.io/?ref=72749

Join this awesome forum for pay per post rewards: https://bizdustry.com/?referrer=5769

Share this post


Link to post
Share on other sites

@magd You are right friend, trading large coins like bitcoin it need a lot of money to earn a good profit. There are many cheap coins which we can trade them and earn good profit with just small amount. A good example is XRP which can give you a profit of 50% easily when you'll buy it at the right time. Yap, sometimes it may take time to earn profit with them so we need to patient.

 

@Mike1515 There are many good coins which anyone can afford, trade and earn profit. You just need to be active so that you can not miss the buying profit. WAVES it's in a good position and soon we will start to buy so remember that. Robotrade for yobit can help on this, you just select a pair that you want and you set the buying price and amount that you need then everything will be done automatically.

 

@BrolySSJ Thank you for pointing this, investing is also a good and safe method to earn profit with you coins. You just need to make a research so that you can find the better place to invest. Binance, Block Fi and Yobit are among the best sites where we can invest and earn good interests. DOGE and ETH are also good coins, with ETH you can double your trading amount but i never tried DOGE.

  • +1 2
  • +4 4
  • +5 1

Time is the ultimate weapon!

Share this post


Link to post
Share on other sites

 Bitcoin always best option for trading because within short period we earn good profit but we need good capital, yes in crypto there are several low prices coins also good for trading and we don't need high capital, like you mention litecoin waves and ripple and you're trading strategy really good, iam also invest in litecoin and hold for long time to earn profit, couple of times I received profit through litecoin, thanks to share this trading strategy my friend.

Edited by Honny143
Spelling mistake
  • +1 1
  • +2 1
  • +4 1

 

   

Share this post


Link to post
Share on other sites
6 hours ago, Calvinpriva said:

Let me tell you one thing, bitcoin trading is good if you have large amount to trade but with small amount you will earn very small profit! And bitcoin is not the only coin that can give you profit in trading.

 

That a point which i tell to my friends. If they want to invest more than 1000$ then bitcoin is best but if they want to invest less then altcoins are best for investment. 

I have another erc20 REL coin. It price fluctuate between 1.2$ to 4$.Now it's price is 1.2$ at its low level. If we purchase it for 500$ and sell it for 2.4 then we will get 100% profit 1000$. And this trade can be complete in just 15 to 20 days. 

  • +1 2
  • +2 1

Share this post


Link to post
Share on other sites
6 hours ago, Calvinpriva said:

If it’s okay, our brother @Whited35 can give us more coins.

@Calvinpriva Unfortunately, I do not consider XRP and LTC due to some reasons 😁. WAVE is okay, I have a little bit investments in it.Recently, BNB, ADA, ETH and other major ERC-20 tokens mentioned in this topic were the best crypto coin to give me benefits from their short term holdings and active tradings. As you have mentioned in your topic, sure we should not just rely on BTC if we wish to make more profits from the trades. Sometime I take a risk by investing in pump and dump tokens and have been managing to make more profits but it needs patience, you should wait at least 1 month to expect another pump.

I do not know how many guys have read my following tutorial topic about the good trading platform Uniswap(For swapping so many tokens) but those who learnt from that topic and have performed the trades, they have now free UNI. I have claimed 800 UNI tokens today from Uniswap.

 

P.S. Dear guys, do not consider my post as your investment advise 🙏

  • Useful or interesting 1
  • +1 1
  • +2 2
  • +3 1
  • +5 1

 

 

Share this post


Link to post
Share on other sites

Thanks for enlightening us with this great strategy on how to profit from investing in the mentioned coins I really didn't have any thought of that kind because I was to much centered on bitcoin only but after seeing your post I have began to look forward on trying the strategy you just shared with us and I think I also need some patience with this because one does not make profits overnight using this formula.

  • Useful or interesting 1
  • +2 2
  • +3 1

Share this post


Link to post
Share on other sites
7 hours ago, Calvinpriva said:
  • 1.XRP (Ripple) - This among the cheapest coins that I know and it’s one of my best coins. 

 

  • LTC (Litcoin) - This is another coin that I trade and recommend. LTC it’s not cheaper like XRP and it’s not high like bitcoin, so you can still afford it.

Just a heads up, you've got this one wrong. I have talked about this before, LTC is way cheaper then XRP. Value comparison isn't done counting value of "full" coin but by a marketcap, because one full coin doesn't include the circulating or max supply into calculation.

 

But no worries, this is a common misconception.

 

Edited by rekter
  • Useful or interesting 1
  • +1 1
  • +2 2
  • +3 1

Share this post


Link to post
Share on other sites
47 minutes ago, Whited35 said:

I do not know how many guys have read my following tutorial topic about the good trading platform Uniswap(For swapping so many tokens) but those who learnt from that topic and have performed the trades, they have now free UNI. I have claimed 800 UNI tokens today from Uniswap.

@Whited35 Thank you for your explanations about LTC, XRP and all other coins that you mentioned. About Uniswap, i can just say you are very lucky because if their tokens will have that promised price you will have a real good amount! Unfortunately, i never tried Uniswap 😂

  • +1 2
  • +4 2

Time is the ultimate weapon!

Share this post


Link to post
Share on other sites
18 minutes ago, rekter said:

Just a heads up, you've got this one wrong. I have talked about this before, LTC is way cheaper then XRP. Value comparison isn't done counting value of "full" coin but by a marketcap, because one full coin doesn't include the circulating or max supply into calculation.

 

@rekter Thank you for your explanations. I understand what you mean and i know when we compare XRP & LTC by marketcap and trading volume XRP is the highest coin! But i didn't say "cheaper coin" by meaning their marketcap, but i mean the coin price, XRP is $0.26 and LTC is $50 that's why i said XRP is cheaper among those three coins "prices" that i mentioned.

  • +1 1
  • +2 1
  • +3 1
  • +4 2

Time is the ultimate weapon!

Share this post


Link to post
Share on other sites
11 minutes ago, Calvinpriva said:

@Whited35 Thank you for your explanations about LTC, XRP and all other coins that you mentioned. About Uniswap, i can just say you are very lucky because if their tokens will have that promised price you will have a real good amount! Unfortunately, i never tried Uniswap 😂

@Calvinpriva Don't worry my brother. The best opportunity is also on the way for you 😊. Behind this luckiest year in the crypto world, I had so many painful years  with mixed experiences of multiple losses, painful results due to investment mistakes, wrong strategies etc. So before choosing any coins to invest, we really have to invest a long time to monitor their performances. 

You may not believe but every coin except LTC from my investment portfolio are giving me good benefits. LTC/BTC price strength is not looking so good after mid-March crypto market crash. 

  • +1 2
  • +2 1
  • +4 2
  • +5 1

 

 

Share this post


Link to post
Share on other sites

We all believed that bitcoin is the most expensive Cryptocurrency in the marketplace which give more profit ahead of other altcoins but we also have to note that there are other coins which can give us good profit as well because they also have potential in the market so we need to consider them the way we use bitcoin to earn profit when investing. Coins like litecoin, xrp and others listed in this topic are good for trading but we need some strategies to make it work for us.

  • +2 3

Share this post


Link to post
Share on other sites

Not must but too important to trade Bitcoin depending on one experiences, expectations and capabilities . As a multiple-choice trader, who trade top 10, values altcoins, must along line accumulate the first-class, most profitable, valuable coin. Which is BITCOIN. No matter what one stand a great chance to make a good profit.

  • Useful or interesting 2
  • +2 3
  • +5 1

Share this post


Link to post
Share on other sites

You can trade any altcoin you like but when bitcoin starts altcoins will be left behind as it happens usually and once again altcoins have increased a lot without any actual reason. I don't trade at all as with trading I can hardly accomplish anything as I plan only to hold bitcoin and when I traded I only reduced the bitcoin I owned.

  • +1 1
  • +3 1

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • Друзья, Shiba Inu (SHIB) доступен к обмену на нашем сайте!https://coincraddle.com/ru 
    • Какую криптовалюту покупать в 2024 году? Начало 2024 года запомнилось активным ростом крипторынка. Во многом подъему способствовал спрос на биткоин — криптовалюте удалось обновить свои рекордные значения и на момент написания статьи достичь отметки в $71 тыс. за штуку. Несмотря на то, что монета все еще может серьезно откатиться в своей цене, биткоин традиционно считается надежной инвестицией. Более того, в конце апреля произойдет халвинг — встроенный в биткоин механизм, который срабатывает примерно раз в четыре года. Его суть заключается в сокращении вознаграждения за добычу новых биткоинов вдвое. В прошлом каждый халвинг сопровождался значительным ростом цен. Если волатильность биткоина вас отпугивает, стоит обратить внимание на проверенный временем Ethereum. Будучи основой крупнейшей криптовалютной экосистемы, токен давно зарекомендовал себя в качестве основной сети для развертывания децентрализованных приложений и смарт-контрактов. Источник: https://rb.ru/list/crypto2024/ ——————————————————— ОБМЕНЯТЬ  / ПОМОЩЬ / БОНУСЫ / ОТЗЫВЫ
    • Forex and Cryptocurrency Forecast for 22 – 26 April 2024 EUR/USD: A Pause After the Rally     Last week, 60% of analysts adopted a neutral stance in their previous forecast and were proven absolutely correct. EUR/USD had a calm week, even boring at times, moving along the 1.0650 mark within the narrow corridor of 1.0600-1.0690. Market participants were recuperating from the rally of the preceding days, with dollar bulls counting profits and bears licking their wounds. The American currency reached five-month highs against the euro, British pound, Australian, and New Zealand dollars, while USD/JPY once again set a 34-year price record, and the DXY index climbed to 106.42.   The macroeconomic data from the U.S., unmistakably inflationary in nature, started making an impact on March 8 with the employment report. NonFarm Payrolls exceeded expectations at 275K, compared to the previous 229K and the forecast of 198K, propelling the dollar upwards. Another boost came on April 10 with fresh U.S. inflation data showing a year-on-year Consumer Price Index (CPI) increase of 3.5%, the highest in six months, which quashed any expectations of a rate cut in June, sending the Dollar Index soaring.   Last week's macroeconomic figures only reinforced the image of a robust U.S. economy with a tight labour market. The number of unemployment benefit claims stayed at a relatively low level of 212K, and the manufacturing activity indicator hit its highest mark in two years. Retail sales data released on April 15 almost doubled the forecast at 0.4%, actually coming in at 0.7% month-on-month, following a 0.9% increase in February, with a year-on-year increase of 4.0%. These figures indicate that both manufacturers and consumers have well adapted to the high interest rates. Employment and income levels are sufficiently high, increasing the likelihood of price rises.   In this context, there is no reason for the Fed to start a cycle of monetary easing in June, especially since inflation is still far from the 2.0% target. Market participants are now expecting the first rate cut by 25 basis points in September, with another similar cut by the end of the year. These forecasts were confirmed by John Williams, the head of the New York Federal Reserve, who noted that the latest inflation data were disappointing and that there was no urgent need to cut interest rates. Consequently, U.S. Treasury yields and the dollar are rising, while stock indices such as the S&P 500, Dow Jones, and Nasdaq are on the decline.   Attempts by EUR/USD bulls to initiate a rebound were halted on April 18 at the 1.0690 level after Francois Villeroy de Galhau, Vice-President of the ECB and head of the Bank of France, confirmed that the European regulator would likely cut rates in June if there were no significant surprises. Even hawkish figures like Robert Holzmann, head of Austria's central bank, agreed with these dovish forecasts.   The pair closed the five-day period at 1.0656. Fundamental indicators still favour the dollar, and although a correction northward for the pair cannot be ruled out, it is unlikely to be substantial or prolonged. For the immediate future, as of the evening of April 19, 80% of experts anticipate further strengthening of the dollar, with the remaining 20% expecting a bounce upwards. Among trend indicators on D1, 90% are red, and 10% are green. All oscillators are red, though 15% of them are in the oversold zone. The nearest support for the pair is found at 1.0600-1.0620, followed by 1.0560, 1.0495-1.0515, and 1.0450, down to 1.0375, 1.0255, 1.0130, and 1.0000. Resistance zones are at 1.0680-1.0695, 1.0725, 1.0795-1.0800, up to 1.0865, 1.0895-1.0925, 1.0965-1.0980, and 1.1015, reaching up to 1.1050 and 1.1100-1.1140.   The upcoming workweek can be termed a week of preliminary data. On Tuesday, April 23, preliminary business activity data (PMI) will be released for various sectors of the economy in Germany, the Eurozone, and the USA. On Thursday, April 25, preliminary U.S. GDP figures for Q1 2024 will be released. This will be followed by the usual data on initial unemployment claims and, on April 26, data on personal consumption expenditures in the country.   GBP/USD: CPI Disappoints BoE   Last week's macroeconomic statistics from the United Kingdom were less than favourable. Unemployment unexpectedly rose to 4.2% from a forecast of 4.0%. Claims for unemployment benefits surged from 4.1K to 10.9K, although this was notably below the market's expectation of 17.2K.   The bigger surprise came from the inflation indicators released on Wednesday, April 17. General inflation (CPI) decreased from 3.4% to 3.2% year-on-year, and core inflation dropped from 4.5% to 4.2%, against a market expectation of 4.1%. The monthly CPI remained steady at 0.6%. Unexpectedly high food prices and a sharp increase in housing costs at 3.8% month-on-month contributed to the inflation surprise. Volatile items such as books and video games also saw significant price rises; book prices experienced the largest monthly increase ever recorded at 4.9%, while video games prices increased by 2.3%.   "Overall, this is not what the Bank of England (BoE) would have wanted to see," analysts at TD Securities commented. BoE Governor Andrew Bailey quickly reassured the public, stating, "We are virtually at the same inflation level as in February and I expect the data next month to show a significant drop." He also mentioned that the oil price hike had not been as steep as expected, and the impact of the Middle East conflict was less than feared.   Indeed, the price rise in airline tickets, which are significantly influenced by fuel costs, was just 0.1% month-on-month. Given the early Easter this year, this increase seems quite mild. However, BoE Monetary Policy Committee member Megan Greene expressed concerns about how energy prices and other supply shocks might affect inflation expectations in the future.   Recall that a week earlier, Megan Greene, in her column in the Financial Times, stated that inflation risks in the United Kingdom remain much higher than in the USA, and that 'markets are mistaken in their predictions regarding rate cuts [for the pound].' 'Markets have come to believe that the Fed will not start lowering rates so soon. In my view,' she wrote at the time, 'rate cuts in the United Kingdom should also not be expected anytime soon.' Following such remarks, just as with the dollar, markets anticipate no more than two rate cuts from the Bank of England this year, each by 25 basis points.   Last week, GBP/USD opened at 1.2448 and closed at 1.2370, failing to breach the key 1.2500 level. Analysts are divided on the pair's future movement: 80% foresee a further decline, while 20% predict a rebound. All D1 trend indicators and oscillators point downwards, though a third are signalling oversold conditions. If the pair falls further, support lies at 1.2330, 1.2185-1.2210, 1.2110, 1.2035-1.2070, 1.1960, and 1.1840. In case of a rise, resistance will be encountered at 1.2425, 1.2515, 1.2575-1.2610, 1.2695-1.2710, 1.2755-1.2775, 1.2800-1.2820, and 1.2885-1.2900.   The upcoming week will see the release of preliminary business activity data (PMI) for the United Kingdom almost simultaneously with Germany and the Eurozone on Tuesday, April 23. No other significant economic data from the United Kingdom is expected this week.   USD/JPY: Higher and Higher...   Last week, USD/JPY once again reached a 34-year high, peaking at 154.78. This level was last seen in 1990. According to economists at the Singapore-based United Overseas Bank (UOB), the pricing dynamics continue to suggest further strengthening of the dollar. "The upside risks remain as long as the dollar stays above 153.75, our strong support level," they wrote. "Should the price break above 155.00, focus will shift to 155.50." Meanwhile, strategists from the Dutch Rabobank believe that reaching 155.00 could significantly increase the risk of currency interventions by the Japanese Ministry of Finance to protect the yen from further weakening. According to the results of a survey published by Reuters, nearly all respondents (91%) believe that Tokyo will intervene at some point to stop further weakening of the currency. Sixteen out of twenty-one economists expect interventions in the USD/JPY at the level of 155.00. The rest predict similar actions at levels of 156.00 (2 respondents), 157.00 (1), and 158.00 (2).   Strengthening the national currency could involve tightening monetary policy by the Bank of Japan (BoJ), whose next meeting is scheduled for Friday, April 26. At its last meeting on March 19, the Japanese regulator made an unprecedented move by raising the rate from -0.1% to +0.1%, the first increase in 17 years. Asahi Noguchi, a BoJ board member, indicated that any future rate increases would likely occur at a much slower pace compared to recent tightenings by other global central banks. He noted that it would take a significant amount of time for a positive rate cycle to become firmly established, making it uncertain whether there will be another rate increase this year.   A Reuters poll showed that no economists expect a rate hike by the BoJ before the end of June. However, 21 out of 61 respondents believe that rates could be raised in the third quarter, and 17 out of 55 anticipate a fourth-quarter hike. Of a smaller sample of 36 economists, 19% think a July hike is possible, but October is the most likely time for an increase, with approximately 36% expecting it. In contrast, 31% believe the BoJ might take action in 2025 or later.   The pair closed the week at 154.63. Rabobank experts currently see the dollar being supported by demand for safe assets amid escalating Middle East tensions. A de-escalation between Israel and Iran could help temper the rise of the American currency. The median forecast surprisingly aligns with predictions for the two previously mentioned pairs: 80% of analysts expect further weakening (downward movement for this pair indicates a strengthening dollar), while 20% anticipate a rebound. All D1 trend indicators and oscillators point upwards, with 50% in the overbought zone. The nearest support level is around 154.30, with further support at 153.90, 153.50, 152.75, 151.55-151.75, 150.80-151.15, 149.70-150.00, 148.40, 147.30-147.60, and 146.50. Identifying resistance levels remains challenging after the pair's recent peaks, with the nearest resistance at 154.75-155.00, followed by 156.25. Additional benchmarks include the June 1990 monthly high around 155.80 and the April 1990 turnaround peak at 160.30.   Besides the aforementioned BoJ meeting, consumer inflation data for the Tokyo area will also be published on Friday, April 26. No other major events regarding the Japanese economy are expected next week.   CRYPTOCURRENCIES: Will China's BTC-ETF Ignite the Market?   This analysis is prepared just hours before the 'hour X': the scheduled halving on Saturday, April 20. We will detail the market's reaction to this significant event next week. Meanwhile, let's focus on the events leading up to it. In the days leading up to the halving, the leading cryptocurrency did not bring joy to investors. Starting on April 8, the price of bitcoin was on a downward trajectory. The weekly decline in BTC was the largest in the past eight months, and in dollar terms, it was the steepest since the FTX exchange collapse in November 2022. Following bitcoin, other major altcoins also plummeted, losing about a third of their value. The local minimum for BTC/USD was recorded on April 17 at around $59,640. At that moment, analyst and co-founder of venture company CMCC Crest, Willy Woo, warned that if the price of bitcoin fell below the short-term holders' support level at $58,900, the market might enter a bear phase. However, this did not occur, and the price returned to around $62,000.   Analysts at CryptoQuant believe that the recent crash was necessary to reset unrealized trader profits to zero—a typical signal of a bottom in bull markets. Willy Woo suggested that "current bearish sentiments are actually a bullish sign," and that the next level where major short liquidations would occur is between $71,000 and $75,000. Renowned trader RektCapital reassured investors, stating that a price drop before the halving is a normal trend. "There is no need to panic, as this drop has occurred in all cycles. Don’t think that it’s different this time," he emphasized.   There were, however, other theories about the recent price drop. According to one, the fall in bitcoin was helped by the escalation of conflict in the Middle East and an attack by Iran on Israel. CEO of Galaxy Digital, Mike Novogratz, speculated that bitcoin could reach a new all-time high if the conflict in that region subsided. In this context, he urged world leaders to take control of the situation to prevent a further decline in prices for all financial assets, including cryptocurrency.   In contrast, Michael Saylor, president of MicroStrategy, believes that geopolitical tension will actually benefit bitcoin, suggesting that "chaos is good for bitcoin." Logically, this makes sense: cryptocurrency was born in response to the economic crisis of 2008, making it an alternative means of capital preservation during upheavals. (Note that MicroStrategy, with 205,000 BTC on its balance sheet, is the largest public holder of bitcoin and naturally interested in its price increase.)   OpenAI's ChatGPT did not overlook the international situation either. This Artificial Intelligence believes that if the crisis between Israel and Iran intensifies, the price of the main cryptocurrency will only slightly decrease, and this will be a short-term reaction. More severe impacts would likely be on assets like stocks. Bitcoin, however, is expected to quickly recover its position. ChatGPT, like Michael Saylor, anticipates that an initial drop will be followed by a bullish rally as investors look for a safe haven, potentially driving "digital gold" to a new historical high of $75,000. If the escalation in the Middle East becomes protracted and leads to a series of smaller conflicts, ChatGPT predicts the volatility range for bitcoin could expand: with an initial fall to $55,000 followed by a surge to $80,000.   It is worth noting that the discussed drop in BTC/USD occurred against the backdrop of a noticeable strengthening of the American currency. This was not only due to the dollar's role as a safe-haven asset amid geopolitical tension but also because of a postponement in market expectations regarding the timing of the Fed's easing of monetary policy. After the inflation data published on April 10, market participants decided that the first rate cut would not happen in June but in September, causing the Dollar Index (DXY) to surge sharply. Naturally, the strengthening of one asset in a currency pair led to the weakening of the other: the principle of leverage is irrefutable.   Now, a few words about what awaits the main cryptocurrency after the halving. This year, 75% of the investment influx has been provided by the newly launched spot bitcoin ETFs in the U.S. Their combined balance now totals $12.5 billion, with the U.S. accounting for over 95% of the global inflow into exchange-traded crypto funds. The interest in ETFs has been so strong that BlackRock's fund became the fastest-growing in history.   According to CryptoQuant analysts, the reserves of bitcoin on exchanges will last only a few months at the current rates. Total available exchange reserves have decreased by more than 800,000 BTC and have reached their lowest level in the history of two-year observations. As of April 16, they stand at about 2 million BTC. Assuming a daily influx into spot BTC-ETFs of about $500 million, which at current prices equates to approximately 8,025 coins, it would take just nine months to completely deplete these reserves.   The results of calculations using the Stock-to-Flow (S2F) model, which demonstrates the relationship between an asset's usage and its reserves, show that after the halving, the bitcoin S2F coefficient will reach 112 points. This is nearly twice the S2F for gold (60 points), indicating that by January 2025, bitcoin will become a more scarce commodity than the most popular precious metal.   In such a scenario, another powerful new driver could emerge. Following the U.S., similar investment inflows into cryptocurrency could be provided by spot ETFs in China. According to insider information from Bloomberg, the SEC of Hong Kong could make a positive decision on launching such funds within the next few days. And perhaps the predictions by ARK Invest's CEO, Cathy Wood, and author Robert Kiyosaki, who expect the price of bitcoin to reach $2.3 million per coin by 2030, are not so far from the truth.   As of the evening of Friday, April 19, BTC/USD is trading around $64,150. The total market capitalization of the crypto market stands at $2.32 trillion, down from $2.44 trillion a week ago. The Crypto Fear & Greed Index has dropped from 79 to 66 points, moving from the Extreme Greed zone to the Greed zone.   Finally, a bit of intriguing information for collectors. As it has been revealed, miners have begun active preparations for the "hunt" for the first "epic" satoshi to be mined after the current halving. Whoever mines it might receive a substantial sum, as the estimated value of this "collectible" digital coin could be several tens of millions of dollars. About two years ago, Casey Rodarmor, creator of the Ordinals protocol on the blockchain of the first cryptocurrency, developed a system for classifying the rarity of individual sats. With the launch of "inscriptions," it became possible to number and sell fractions of bitcoin similar to non-fungible tokens (NFTs).   Rodarmor's scale varies from the first "unusual" satoshi in each block to the "mythical" – the very first in the history of the blockchain. One of the highest degrees of rarity is the "epic" sat, mined in the first block after each halving. It is possible that collectors might value such an asset even at $50 million. (Remember that a satoshi is one hundred millionth of a bitcoin (0.00000001), and at the current BTC price, the price of a regular, non-collectible sat is just $0.00064). NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Get Up to 500 USDT FREEEEEEE    👇🥳  👉   Go Spin and win 5 BTC & all Crypto  ☝️💸
    • Наступило еще одно сокращение награды биткойнов вдвое, четвертое на данный момент, и оно не было похоже ни на одно другое до него, причем институциональные инвестиции впервые сыграли ключевую роль. Уполовинивание биткойнов исторически было связано с одним существенным сходством — последующим скачком цены BTC , который часто происходит через некоторое время после халвинга. Хотя сообществу еще предстоит выяснить, пойдет ли четвертое халвинг по тому же пути, кое-что уже изменилось в халвинге Биткойна в 2024 году. База пользователей криптовалют выросла как минимум на 400% с момента сокращения вдвое в 2020 году Хотя скорость генерации новых биткойнов снизилась со времени первого халвинга, спрос не остался на месте. По данным различных источников , с момента предыдущего сокращения биткойнов вдвое, которое произошло в мае 2020 года , глобальная база пользователей криптовалюты увеличилась как минимум на 400 миллионов пользователей. По оценкам Кембриджского центра альтернативных финансов (CCAF), в 2020 году число владельцев криптовалют во всем мире составило около 100 миллионов пользователей . По оценкам криптобиржи Crypto.com, к концу 2023 года число пользователей криптовалюты в мире выросло до 580 миллионов человек . Глобальные пользователи криптовалюты с января 2023 г. по декабрь 2023 г. Источник. Крипто.com Несмотря на то, что Биткойн является крупнейшей в мире криптовалютой по рыночной капитализации и самой старой, у него, очевидно, меньше пользователей, чем у всей криптоэкосистемы. По данным Technopedia, по состоянию на 2024 год около 2,7% мирового населения будут владеть биткойнами, что составляет около 219 миллионов  человек. Если верить данным, то, согласно расчетам Crypto.com, эта цифра выросла примерно на 208% по сравнению с 71 миллионом пользователей Биткойна четыре года назад. В случае с Биткойном или большинством других криптовалют оценка большинства пользователей не может быть на 100% точной, поскольку анализ транзакций в блокчейне часто неспособен отличить долгосрочных держателей от потерянных BTC, а также других факторов. Ралли биткойнов перед сокращением вдвое в 2024 году еще не наблюдалось Одно из самых больших различий между четвертым сокращением биткойна и тремя предыдущими  заключается в том, что перед сокращением в 2024 году цена продемонстрировала необычайный рост. В предыдущих циклах цена Биткойна регистрировала снижения перед халвингом, а новые исторические максимумы были достигнуты примерно через год после даты сокращения награды ха блок. Например, биткойн не поднялся выше ранее установленного ATH в 20 000 долларов до халвинга в 2020 году. В этом цикле цена Биткойна превысила ATH только через 10 месяцев после сокращения вдвое. На этот раз картина совсем иная. В текущем цикле Биткойн достиг рекордного максимума прямо перед событием халвинга, установив рекорд в 73 600 долларов 13 марта 2024 года. Такого прорыва никогда раньше не наблюдалось, и с этим согласны многие аналитики, в том числе криптоаналитик eToro Саймон Питерс. На этот раз майнеры «лучше подготовлены» к халвингу Невиданное ранее повышение цен на биткойны перед сокращением вдвое потенциально оказало положительное влияние на майеинговую отрасль, поскольку майнеры получили больший контроль над затратами на добычу биткойна. «По сравнению с предыдущим сокращением вдвое, похоже, что майнеры в целом находятся в лучшей форме с точки зрения более низкого уровня долга и потенциально лучшего контроля над своими расходами, такими как электричество», — сказал директор по исследованиям Fidelity Digital Assets Крис Койпер, добавив: «Что также помогает майнерам в этом цикле, так это повышение цен перед  сокращением вдвое — то, чего также не наблюдалось в предыдущих циклах». С момента третьего сокращения вдвое в мае 2020 года потребление энергии при майнинге биткойнов значительно возросло, увеличившись примерно с 50 тераватт-часов (Twh) до 99 Twh 18 апреля 2024 года. Энергопотребление биткойнов. Источник: Дигикономист В то же время объем потребления энергии в сети Биткойн, основанной на возобновляемых источниках энергии, также увеличился: по данным Bitcoin ESG Forecast, на долю возобновляемых источников энергии приходилось 54,5% потребления майнинга BTC по состоянию на январь 2024 года. По данным CCAF, по состоянию на сентябрь 2020 года этот показатель составлял 39%. Первое сокращение биткойнов вдвое с помощью спотовых BTC ETF в США Одна из самых простых особенностей сокращения биткойнов в два раза в 2024  году заключается в том, что это сокращение вдвое станет первым в истории, когда биржевые фонды BTC (ETF) включены в Соединенные Штаты. После многих лет усилий спотовые биткойн-ETF дебютировали в январе 2024 года, открыв доступ к биткойнам для институциональных инвесторов.   По словам аналитика Bloomberg ETF Эрика Балчунаса, спотовые биткойн-ETF добились «ошеломляющего успеха», что, очевидно, отражает всплеск спроса на биткойн.
    • 20.04.2024 Тарифы Kingex 👑   Покупка криптовалюты / Buying cryptocurrency:   BTC/ETH  +1.7% (Мы доплачиваем) USDT  +1.7% (Мы доплачиваем)   ^^SALE^^ от 50k    + 1.9%    Продажа криптовалюты / Selling cryptocurrency:   BTC/ETH  - по запросу USDT   - по запросу   Оператор: @Kingex Сайт: Kingex.io Курс на протяжении дня может меняться! ------------------------ Будьте ОСТОРОЖНЫ, появились фейки! Наш телеграм: @Kingex
    • точно не зна, насчет 1го, но во втором стандартные долбанутые а ля erc20 комиссии   кстати, с наступившим !   можно халвы купить в 5ерочке отпраздновать   и тончик снова припал
    • Представители Федерального бюро расследований предупреждают общественность о распространении программы-вымогателя Akira. Согласно заявлению ФБР , программа-вымогатель Akira Bitcoin ( BTC ) нанесла многомиллионные убытки различным компаниям и организациям в Северной Америке, Европе и Австралии. Вредоносное ПО получает доступ к инфраструктуре предприятия через VPN, получая доступ к программному обеспечению без многофакторной аутентификации. Затем Акира крадет конфиденциальные данные и важную информацию, блокируя доступ к системе. Далее на экране отображается сообщение с требованием выкупа. Хакеры используют биткойн в качестве способа оплаты.   В результате распространения программы-вымогателя неизвестные мошенники завладели более чем $42 млн, затронув более 250 компаний. Первоначально хакеры атаковали компьютерные системы на базе Windows, но позже следователи выявили и Linux-версию Akira. ФБР совместно с Агентством кибербезопасности и безопасности инфраструктуры (CISA), Европейским центром по киберпреступности Европола (EC3) и Национальным центром кибербезопасности Нидерландов (NCSC-NL) выпустило специальное предупреждение. Ранее ФБР опубликовало отчет о мошенничестве с инвестициями в криптовалюту. По данным агентства, в 2023 году этот показатель увеличился на 53% до $3,94 млрд. Как пояснили в ФБР, большая часть афер была связана с обещанием высоких прибылей от инвестиций в цифровые активы и составляет 86% всех потерь от инвестиционного мошенничества. В Соединенных Штатах.
    • Как и другие L2-решения, конкуренты (солана) и сам эфир. У меня возникла мысль, не перелезть ли с матика в оптимизм, арбитрум или еще что. Как раз пока дно. Но че-то лень. А другие более значительные перед халвингом были? Уж какие случились. Я пересказы видел и не потянуло слушать целиком.
    • Здравствуйте, уважаемые пользователи!   Хотим Вас уведомить, что на сайт добавили следующие направления обмена: Solana SOL > USDT TRC20 USDT TRC20 > Solana SOL
×
×
  • Create New...