the markets (stocks and esp crypto) best days occur in a short period of time ...miss those days and your return suffers greatly
Bitcoin to skyrocket in 2024
- Thread starter stinkynuts
- Start date
Imagine betting on the right altcoin in this bullmarket, easily 100-500X. Maybe there is anohter Shiba among the 23,000 cryptos out there. Problem is that you won't be able to liquidate it in a timely fashion, if at all. If you made a billion dollars on some obscure coin, trying to pull cash it out before the crash would be impossible. There would be no buyers for that amount, and liqudiating it, even if you sold it, would be very hard.
The only other realistic alternative is Ethereum, and I believe you can also buy an ETF for it. It will probably do just as well as BTC, maybe better, but I'm sticking to what's safest.
The only other realistic alternative is Ethereum, and I believe you can also buy an ETF for it. It will probably do just as well as BTC, maybe better, but I'm sticking to what's safest.
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ETH looks attractive but is actually quite risky compared to BTC. Among many reasons, the jury is still out as to whether it will be deemed a security which will impact whether it'll be spot approved or not. By definition, given the Ethereum foundations role, it is a security in my view. That said, we'll have to wait and see. Performance wise it'll outrun BTC during the bull run but that is solely tied to BTC moving the market & not on its own accord.
Finding the small alts that will pop off & explode is basically a lottery. I might buy a very small amount of ETH but for the most part I'm going to simply enjoy the upside of BTC after all this waiting.
The only thing to be concerned about his all these hedge funds and investment companies like Black Rock now have a lot of control of the price of Bitcoin. They can manipulate the price affect the bitcoin cycle. They will be the first to pull out and take profits, so beating to them is key. It's best not be greedy, or you'lll be left holding the bag. The sudden crash is going to happen way before any retail investor thinks.
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There are no etfs in Asia now, but Hong Kong seems to be in the approval process, and all indications that it will follow the US and approve them very soon. If so, this could be huge. Massive amounts of money from China and Asia could send the price of bitcoin up. Interest rates are projected to be slashed in late 2024 and early 2025, and the halving, along with fomo, media and social media frenzy could send bitcoin to well over the $150,000 price target. If it's at $60,000 at this early of the stage, even before halving, I can see Bitcoin going well over $200,000.
www.forbes.com
news.bitcoin.com
Hong Kong Regulator Accepts First Application For A Spot Bitcoin ETF
A local financial firm is reportedly in the advanced stages of planning to launch funds in the first quarter of 2024.
www.forbes.com
Peter Brandt Raises Bitcoin Price Target to $200,000 for the Current Bull Market Cycle – Markets and Prices Bitcoin News
Peter Brandt explained that the target for "the current bull market cycle" for bitcoin has been raised from $120,000 to $200,000.
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The pace at such an early stage is breathaking. This is BEFORE the halving. Can't imagine what's going to happen AFTER. 
Everyone has the right to express their views. In the end, no one knows what will happen, we can only go by history and theorize.Anyone following this market the past few weeks knew that it was overheated and anyone with chart experience can just change the BTC chart to a 1 minute or 5 minute time frame and tell what's going on in 1 minute without even watching on the day or know what the underlying coin is. About 10 TERB guys always dump on me saying my "advice" is crap, but it's not "advice" ( I'm not a Financial Adviser), it was meant to be my market commentary, that's all. Anyone who wants to know what really happened just check my daily YouTube Bitcoin blog and make sure to hit that LIKE button and don't forget to SUSCRIBE ! LOL !
Don’t worry about others. It’s best that you keep posting your views, as the more viewpoints there are, the better.
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The cringe is back 
. The market is definitely not overheated - the market literally just chopped sideways & downward for two years as a result of interest rate increase, FTX & recession. This is why what you post is way off the mark. Quit trying to make some pin point predictions & forecasts off the back of technical analysis for a day or week. It doesn't work or apply here.
. The market is definitely not overheated - the market literally just chopped sideways & downward for two years as a result of interest rate increase, FTX & recession. This is why what you post is way off the mark. Quit trying to make some pin point predictions & forecasts off the back of technical analysis for a day or week. It doesn't work or apply here.The most difficult part now is how and when to cash out. I know I'm going to sell a few different times (dollar cost average out), but I need a good strategy to maximize my gains.
This will be very difficult to work out, since each pattern has been wildly different, and I don't want to miss those insane peaks. Realistically, there could be a very brief peak of 300-500,000. Sell too early, and you miss out insane highs. Sell too late, you're left holding the bag, and maybe you're lucky to double your money.
This will be very difficult to work out, since each pattern has been wildly different, and I don't want to miss those insane peaks. Realistically, there could be a very brief peak of 300-500,000. Sell too early, and you miss out insane highs. Sell too late, you're left holding the bag, and maybe you're lucky to double your money.
it's easier to just ride the wave and start cashing out next yr
