Latest posts of: karungbitcoin

I have seen many centralized exchanges closed and scammed alot of their user, so please very becarefull to use CEX. Even CEX that a couple years been operated can be turn in to scam like Cryptopia. To trade high cap coin, for the better use most popular CEX like Binance and to trade low cap coin, we can use DEX platform. And for holding coins, it's very recommended on personal wallet.

I think no good idea to give personal data to others parties, because we don't know who exactly the person will store that our data. I been heard from alot of media if bad people can use it for criminal. The option to join IDO is choose IDO platform that allows to buy tokens without KYC. If we interesting to buy the tokens but the IDO should be with KYC so other way to buy the tokens is when listed on exchanges.

If BTC reach 1M percoin is mean the market cap about $19T. I think this is very possible will happen in the long term, because Gold market cap currently about $11T. And currently less than 5% of people in the world know and understand about Bitcoin, and day by day alot of more people will interesting about it, just like increasing of Internet users.

Depending on the use case of the coin and how the teams promote the benefits of their coin. If they keep to developing new product and follow the trend of market, they will be survive from the market, because the interesting of the project increasing. Let see old coin of Cloack coin, the price still in the bottomed although the market on bull market because the don't have others products that interest to see. With high competition on the market, more altcoin can be dying.

Big dumped just happened a few week's ago, and currently BTC stay strong in the level support above 30k. I think now is good times to buy BTC, because the price can be sideway more for another a few week and then rebound. In this month, can be phase for accumulate and after that BTC will bounce back. I predict, the bull run season is not over yet, and current situation of market is just correction and accumulation for next rally.

In this pandemic alot of people really hard to looking for a job. And also many employees quit from their job, including me. I really don't have a job that guaranteed offer monthly income, but crypto and stocks market give solutions for this problem. I think a million people already helped from both market to gain profit, and use it to buy foods and others daily needs for their family.

I think if we buy on this level price, it's hard to find next 100x coin, because a lot of altcoin already in high price. If we bought on the bottomed price, like in 2019, its more promising to make it. I think we should be wait for next bearish trend to get bottomed price of good altcoin.

In bearish market on 2018, I have seen a lot of altcoin dumped more than 90% and in this bull season, its not all of them survive and going to new ATH. This is according to their each fundamental and use case. That mean, to minimize the risk, always buy altcoin that have working product and strong community. Avoid FOMO and use stop loss if we want to buy in high price.

In my opinion, it's too late to hold DOGE because the price x100 already from the bottom. Based on history price of others altcoin, when the price reached 100x, its more probability the price will going down, although it has working product and use case and based on TA, the price overbought.

All crypto except stable coin is have high volatility, in this current situation of market, we have to analysis first the trend of crypto market, to know the trend of bullish is continues or its will changing to bearish, then we can decide to invest in some altcoin. In my opinion, trend of bullish will continue, and currently old altcoin like XRP and LTC not surpass ATH yet, so that coins is good to pick now.

This is first time I heard about ATL/ All The Time Low, but this could be good terminology in Crypto market to get attention to many investors when should be good times to accumulate cheap coins. But the problem hard to decide and analysis where level of price is become ATL after dumped hard, and at this level price many investors afraid to enter to the market because they thinking the price keep down.

For new trader or investor in crypto market, actually they can not distinguish which one more decentralized and which one is centralized Blockchain, because did not understand in detail how Blockchain technology work. They only looking for alternative better platform according to the fee transaction. I think more people will say BSC is better than ETH because reason of fee transaction.

I have the same case, I lost my job because of pandemic. Now, I only possible to earn money from trading in Crypto and stocks market. Thanks to Bitcoin and altcoin season that help me to gain huge profit, so I can withdraw it to my bank account. I know the high fluctuation of crypto is will not help me anytime because the crypto market can be changing to bearish trend, that why I also trade on stocks market for diversification of risk.

In 2017 some others project like EOS and NEO claimed to be Ethereum killer, but finally not even close after more than 3 year. Currently the ecosystem of Ethereum still strong although a lot of project moved to BNB because reason of high gas fee and network congestion. In my opinion BNB is closer to be the Ethereum killer if Ethereum do not solve the problem of high gas fee as soon as possible. Although BNB more centralized but the fact is all user did not want to pay high fee of transaction.

I always promoted benefits and price prediction about crypto in social media, and just little bit of my friends interest about it. I posted about Bitcoin in social media when the price about $300, but no one ask me how to buy it, they just ignored. But now, when they know the price reached until $60k, they have interest to buy it. People here prefer to play tiktok than learn how to invest on crypto.

I lost nearly 50% currently but iam not worried about it because i want make goal for long term investment. Price of Bitcoin already rally more than 15x for about 1 year and this is very big return for investors. And now many investors sell their BTC for profits so that the price declined, this is still normal market. But there will be others new investor will see this price as opportunities and start to invest. Statement of Elon Musk and Government of China only effected the market for short times, and then the price bounce back and going to new high because more new people and institutional will see the advantages of BTC.