USDT is certainly a good stable coin to date many exchangers use USDT services as a pair of all top coins other than that the USDT network is pretty fast suitable for transactions and low fees making many investors use USDT services
USDT is the dominator in the market, that's right. However, the best stablecoin is one that has no legal problems and is available on the widest range of exchanges. Despite the problems with the first point, USDT is wildly popular compared to others, which means that it is not yet worried about anything.
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your questions are difficult to answer with certainty will get a profit, just do what you think is good, but I invested the BNB and Link because I felt the BNB had enough potential in the future.
In fact, investing in the altcoin market in 2021 is slightly easier than in 2018-19. Therefore, before all the coins looked the same, the entire top 100 followed Bitcoin, there was no variety. This situation is similar to the previous one, however, there are much more coins of different directions, centralized, decentralized, privati coins, and so on.
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I am surprised from those holders who give up the idea of taking profit. Obviously, the market has a cyclical nature, the price never stands for a long time in one place. Today bitcoin is 40k in a year it can cost 20k. If your goal is to make money - take profit, if not, then you are a true holder.
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How to determine this? I think everyone is racking their brains about the reasons for the drain of bitcoin as much as $ 10,000. Personally, I doubt that the causes of these events are natural. Many expected Bitcoin to break through to $ 50,000, but it did the opposite move from expectations. Perhaps this will give a chance for the altcoin season.
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How to determine the value of cryptocurrencies in general? Especially considering the aspect that all altcoins are somehow dependent on bitcoin. Thus, they do not have their own value as it should be, their entire value is dependence on bitcoin, which means that all altcoins are overvalued to one degree or another.
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The bull run is great and I never stop enjoying it every day. However, I am confused that now we have such high commissions for sending tokens on the Ethereum network. I am afraid that many DeFi projects may think about transferring to a different blockchain, cheaper, which could lead to a drop in demand for Ethereum.
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That's it. A good example to teach. Each project must be thoroughly analyzed before you enter it. Most people read what is written but don't do any further analysis. They have enough promises and words that the project is already being traded somewhere in an unknown place.
It's not an easy thing to analyze a fraudulent project or not right now, because from several fraudulent projects that I have encountered almost have the same criteria as a real project, for me personally, I might prefer to participate with projects that are handled by trusted managers. in the forum, because in my opinion the manager will first analyze every detail of the project before accepting an offer to manage it because if the manager accepts an offer to manage a project too easily, he will risk his trust in this forum. The idea is too rash. Trusting only the bounty manager, you shift the responsibility to him. That is, if he is wrong, you will be wasting time, just because you were too lazy to conduct your own analysis of the company he chose. Nobody says it's easy. Scamers adapt every day to qualitatively mimic legitimate companies. But this does not mean that they do not make mistakes. And we make a big mistake when we neglect our own analysis and questions to the project.
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What are you talking about? Everyone should think with his own head. And then suicides and deaths. If a person does not have enough brains to figure out what cryptocurrency is and how dangerous it is, then there is nothing surprising that he will lose money on it. Ie then his problem and his fault, and not those who created or supports the cryptocurrency.
Even those who has no Brains in Head that invest on Bitcoin wayback are now a Millionaire so whats the Suicide on that? I meant that the comment on the starter's topic about the fact that suicides will be on the conscience of "managers or advisers" is not correct. Everyone is responsible for his own life and is responsible for his actions. This is the same as saying that people who did not advise you to buy bitcoin for $ 3000 are to blame for this.
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Nobody knows anything for sure. Many are inclined to believe that Bitcoin will reach 50k and then collapse. But I don't think so. It seems that all these movements are timed to a law that will soon open up access to Bitcoin for institutional investors. And this can have a colossal effect that could allow Bitcoin to reach $ 75,000.
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It seems to me that we hear the words that the system has come to an end from year to year, but the system continues to work and crush everything around. Banks are the main monetary system on the planet, and before they crash, they will create something to keep them in the game.
Not all Governments can let their bank or system to crash unless there is no more support can get from other countries or their system can't no longer provide the needs of their people. They will surely try to find more ways to use what they traditionally do to make their system work. Only new governments or countries who already lose the value of the monetary is open to the idea of new money system since they need options to wake up their economy like in Venezuela, if crypto will be accepted throughly in more countries that's the only time new system can truely exist in many countries as long as their government is open in the idea and access of crypto and there is unity between all countries that approves it. It is obvious. All states are tied to financial systems. None of them can afford the collapse of the banking system because complete chaos will begin. But it's not just a matter of desire. When banks collapse, this process can be called a natural disaster. As practice shows, even financial support from the state does not always help banks get out of this.
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What are you talking about? Everyone should think with his own head. And then suicides and deaths. If a person does not have enough brains to figure out what cryptocurrency is and how dangerous it is, then there is nothing surprising that he will lose money on it. Ie then his problem and his fault, and not those who created or supports the cryptocurrency.
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I have no idea how Bitcoin can move to $ 50,000 without correction, but I perfectly understand that this is quite likely. If only because it will create a grandiose fomo comparable to 2017-2018, because everyone is afraid to buy bitcoin now because they are waiting for a correction. It will be fun.
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It is not easy to make a profit by trading. But if you trade in a good way, you can make a good profit. And at present, if you invest a good coin, the probability of getting profit is 80%. The altcoin session is expected in January and February. But of course stop loss must be used.
Interesting. Where did you get the 80% chance of making a profit? Are you an insider? What specific points are you talking about? I always wonder how experienced forum members say complete nonsense based only on guesswork. You are doing a disservice to those who listen to you and lose money.
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It seems to me that we hear the words that the system has come to an end from year to year, but the system continues to work and crush everything around. Banks are the main monetary system on the planet, and before they crash, they will create something to keep them in the game.
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You cant do anything that you want if we will buy the bank. There are strong regulation about transaction and to be a CEO of bank dont give you super power
It looks much more realistic that a certain bank can buy itself a certain amount of cryptocurrency in order to have expanded opportunities for lending and other banking things, but with the help of cryptocurrency. Thus, the likelihood that all the conditions of the regulators will be met will be higher.
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In my opinion, we need to shoulder our emotion while we here in the Bitcoin trading process, there's no need to compress anything when the wave of the price went down, moreover, much better to stay here while waiting for the next impact, right here, consideration is a perfect ability to make more profit because, since the Bitcoin has invented and the form was made to complete, volatility is behind, therefore, when it comes, just relax.
I absolutely do not understand what you are calling for. Besides, volatility has no place to be, or what it is, but we shouldn't pay attention to it? I read your message three times and realized that I did not understand anything. Volatility is what allows us to make money in a short time, without it, Bitcoin would be like gold.
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To be sincerely speaking, I haven't managed my finances as well during the last year, I have been battling up with family issues at all times taking up my little savings, but this year I think I should reduce it a little. I read a book titled "The richest man in Babylon" it advices about saving 1/10th of your salary no matter the amount earned,, saying let the 1/10th saved gives you more income. I will apply to this theory this year and upward.
I also read this book, but I have never been able to apply the tips therein in my life. Too many problems fell on me in 2020, which led to constant withdrawals from my accounts. I believe that this year I will be able to take my finances under total control and implement as many tools as possible in my life.
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It depends on your trading strategy if you hodling, day time trader or you keep watch of the market price and wait for the opportunity to buy and sell in every spike, buying bitcoin should be decided buy one self because its your wealth and future at stake, you can take advices but if you have the guts to invest in this risky situation do so with cautious and have a clear mind when trading.
Bitcoin will continue to beat its records every day, it has come close to $ 30,000, is it worth taking now? I think no. There is a high probability of a rollback, even if it seems that it will not happen, sooner or later it will happen.
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🔥🔥🔥Attention! SST token is listed on the Coinsbit exchange!
What are the trading volumes? For some reason, there are no info on the exchange. Do you plan to list on other exchanges? If so, which ones?
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