Actually coming back to ourselves, if when buying ETH on a very cheap basis you can of course sell some or all of it, because we don't know how the cryptocurrency market will move in the future, but if you believe that ETH will reach 5k -10k, you can save it and wait for that moment to arrive
I agree with you, all options go back to oneself. and if you buy at a cheap price, there is no harm in selling for now. although the market is good, the future is difficult to predict. so it is better to secure profits when the opportunity arises. because opportunities like this don't last long, so make the best of them.
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Damn. More and more big hands join the race. I wonder whether any bitcoin left for us haha. Bitcoin lately has no significant movement but I bet it is having the largest accumulation ever. Too many good news but it still wanders around $56000
$90000 is definitely viable. Try to work more and buy more bitcoin
bitcoin will always be available in the market, so rest assured everyone can still get bitcoin. and you're right at the moment the news for crypto is very positive. This makes me believe that the market is getting stronger day by day.
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I want to ask for some long term hodler or altcoin gem hunter there.
Are you considering having a stop loss for every altcoin you bought for long term?
Like for example. You buy this coin x at $3 but the price dumped, and just like trading, do you still put stop loss or cut loss? Like you will sell the coin once the price reach $1?
no, I won't do that. because I'm not going to invest for the long term on a project that has a very high dump potential. I don't need cutlose, because when I think the coin isn't profitable I'll sell it right away. cutlose I use it for coins like bitcoin, ethereum and other big ones. the goal is to sell and buy cheaper
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if satoshi appeared in public maybe he would be one of the kings too. he owns 1 million bitcoins and is the inventor and owner of bitcoin. so maybe he would be equal to Vitalik or CZ.
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I think now that we are in phase 4, the altcoin season has started before we even know it. which is my question, how long the altcoin season will run. will this last very long, or will there be a big bubble burst soon?. I'm still thinking hard about this. I don't want past events to happen again. that's why I have to know when I'm out, before it's too late.
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why should we forget about bitcoin when btc is at the center of the crypto market. Even stranger, they recommend coins like UNI, LTC and LINK which are far from the current rumors and hype. and they left BNB, when the smart chain was rated better than ethereum. when talking about profitable coins, BNB should also be included because it is one of the potentially profitable coins.
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I don't think that will ever happen, because Ethereum's real main competitor is BNB. Just look at that time, there were many new projects that preferred BSc over the ethereum network. If in the future this continues, I'm sure Ethereum will slowly be abandoned. BNB is the most serious challenger compared to other Ethereum competitors. so that means Cardano doesn't have a chance because it is impossible to beat ethereum when the platform is still losing to other competitors.
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I always wonder why a lot of people fomo to buy a coin or token after the price has pumped. In this present bull run I've seen a lot of people FOMO and buy cryptos at a really high price and they quickly dump when they witness drawdowns. Isn't that just hustling backwards?? Its almost like they are trying to loose money on purpose. So i wonder why they FOMO to buy in the first place
because they want to make a profit but do not have the ability to analyze the market. they think it might be safe to buy at that time, but in fact they buy at the peak. FOMO occurs because they are impatient and inexperienced. I also used to get stuck in FOMO when the market was rallying. at the end I lost even though the market was bull.
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I believe but not all, just a few exchanges. for daily trading I use binance and huobi, for local exchanges I use Indodax. I use local exchanges to withdraw to fiat. but even so I mostly use DEX like uniswap or pancakeswap. I trust dex more than cex.
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Based on what I noticed this bull run, the majority of the coins that have a good pump this season are those that are listed in Binance, so I come to the conclusion that we should only invest in coins that are listed in this exchange for us to have a chance to maximize our profit.
What's your take on this, am I right or wrong?
Share your opinion.
what you said wasn't wrong, but I don't really agree with that. There are a lot of coins that are not listed on Binance but are still going up in the Bullrun this time. Binance exchange does have a big impact on altcoins, but back to the coin itself. if these coins are of good quality and have demand. without binance even if the coin will definitely go up.
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very much, even I joined the bounty campaign of those scam projects. I even forgot how many projects I participated in, they seemed very professional in releasing projects, but in the end they turned out to be scammets. I invested a lot even though it wasn't that big between 50-100$ per project. but still suffer a huge loss if all counts.
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Dear friends, can we send ERC20 tokens to the BSC wallet address (BEP20). I see that the BSC wallet address with Ethereum (ERC20) is the same. What if we use it to reduce transaction costs. actually the address used is the same but different networks. so you cannot send ERC20 tokens to BEP20 or vice versa. You have to transfer to the exchange first. for example you want to send bnb (erc20) to the bsc network. You have to transfer it to the Binance exchange, then transfer it to a wallet on the BSC network.
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I'm not angry, only disappointed to have sold it. this often happens to me like yesterday DOT, BNB, and ADA I'm sold it. I might have made a profit, but if only I was more patient I might get more profit. I thought the price had reached its peak, but in fact it could even go higher.
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Being a decentralized platform it cannot be denied that sometimes the price of ETH gas fees goes crazy due ito the fact that thousands of people are using it. Usually it happens after the price hike goes like this but will abruptly went back to normal after network updates.
Did you aware about that? https://etherscan.io/gastrackerThe gas fees quite stable at this moment althought there is huge increase in the price of ethereum. The daily average transaction is not moving to the bottom but it's increasing a little bit. Something weird happened with ethereum. I think your statement was not true at all because this time the fees is very stable. 50 gwei is still considered expensive at this time. if you look at the normal fee on the ethereum network it does not reach more than 15 gwei. so this is not a good situation. I appreciate the reduced costs that have occurred, but when compared to competing platforms, this is still not good. Ethereum fees are still quite expensive and due to the Berlin renewal there are many pending transactions or have longer confirmation times. So the current situation is not a good thing for ethereum.
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No, doge will not be what it is today. coins without a definite purpose and no clear mission will not be able to soar without any assistance. we will see that there are a lot of coins that are like doge, but are they the same? so elon musk has an important role to play in the doge pump, if he is no longer interested maybe the doge will return to its place.
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Currently the market has started to improve again. bear market is still early at the moment and it is very unlikely that it will start any time soon. bitcoin is back at $ 50k and ethereum is still holding out. So it is very certain that the trend is just bouncing, and will come back up in the future.
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one of the projects that came back from the dead was DENT. This project was released in 2017 and has a long journey in the crypto market. once made a pretty high ATH, but in the end it became worthless for a long time. but now DENT is in the top 100, and is starting to make new ATHs. It's really amazing to see projects that have been released over the years coming back up.
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all coins with a large market cap are worth investing in, so there's no need to worry about doges. especially now that Doge has loyal fans, and this coin is not underestimated. Elon Musk also thinks Doge is a good crypto and can be paired with Bitcoin or others. but for the time being I suggest don't buy just yet, wait for the market to show a better situation.
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But I am thinking it is possible the decrease in dominance just like 2018 (below 50%) is indicating another bear market like that of 2018 gradually setting in. What is your opinion about this? Though bitcoin price can not fall below certain range even if it decreased.
remember the current situation is very different when compared to the 2018 bear market. at the moment there are many institutional investors and they have large funds. I'm sure they won't stand around watching their portfolios evaporate just because of the bear market. they definitely prefer to maintain the trend in order to make a profit. and maybe this is one of their plans to be able to buy bitcoin cheaper.
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bsc only offers a short term solution, and it won't last long. as the transaction volume increases we'll see how bsc works. so be patient and pay attention first and then decide whether BSc can beat ethereum. or will have the same problem. anyway bsc is very centralized and it's not that great. eth is just a flaw in the transaction fees and it will be resolved soon.
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