|
I wouldn't be able to suggest any upcoming coins now due to the recent scams which has happened in the IPO and moreover I wouldn't rather decide to invest into a particular coin which promises listing in big exchange and will be willing to reveal the exchange where they would listing thier coin and then will be cross verifying with the exchange whether they would be listing the said coin. I know this is boring nd looks too complicated but we have to do this before investing for our own safety.
|
|
|
|
|
That's why everyone is not successful in trading as people lacks patience and discipline and to be honest there will always be naive people who will be on losing end.
Atleast we can stop our loss by following set of rules which are basic of trading. But it's not so easy and we should be behaving like a bot using algorithms when it comes to trading by just following the trading rules instead of going with instinct or greed.
This is not possible for everyone to follow and that's the reason only few are successful traders.
|
|
|
|
terra luna is still not masive pump, especially to recover prices, although yesterday's pump was quite high.
Luna from the price of 0.5 dollars when the price dip yesterday was at the price of 1.2 dollars, aka an increase of more than 100 percent.
while USTC from the price of 0.011 the lowest price yesterday was above 0.06 dollars, meaning an increase of 500%, or so 6x from its lowest price.
But how long it will sustain is the question? We cannot go with a project just by looking at it's value pump but we need to check if it can sustain on the same numbers and these coins may have 10x increase but the very next moment they can go zero. I am wondering why people are still believing in these coins when there are lot of potential coins out in the market. If a project can go bankrupt once then it can happen again and at the moment there are no legitimate owner of this coin and we should be blaming ourselves of we lose money in it. |
|
|
|
|
Seems like you have mistaken as there are no official news by BRICS nations about using Bitcoin nor about having their own currency to rival with dollars. Even if they create their own currency to compete against dollars it wouldn't have any impact on Bitcoin as people who use Bitcoin and BRICS currency are of different cohort hence I couldn't conclude any correlation between the rise of BRICS currency and any negative affects on Bitcoin.
|
|
|
|
|
You got it wrong we cannot measure Bitcoin's just by the market cap or its increasing price because it would be useless if it's not used for the purpose it was created as users will never adopt Bitcoin if the fees continues to be sky-high and moreover it would lose it's userbase to other coins. I would consider Bitcoin as growing only when we see more adaptability rate and Bitcoin transaction should become as easy as UPI or any other altcoins transactions.
|
|
|
|
Doge Coin is a meme project and the only reason there is still hype about it is elon musk. We should be careful when we are thinking about investing in a project that is getting all the interest from the industry only because one man is interested in it. What if elon says he is going to develop his own project or he will not longer supporting doge and its development? This market will react negatively. So the advisable option is to invest in a project that is fundamentally strong and has a real use case.
Well I do agree with you there is hype because of Elon Musk. That is a big reason why we are still talking about this meme coin. But also we must remember it is the first meme coin that was created in 2013. And first it was meant to be only a joke. But then when we can start to make money if we just hodl it this is why it is most popular meme coin. I do not think Elon Musk is going to develop his own project so I am not going to worry about this happening. Before Elon came in the scene, there is already hype that wraps around the coin DOGE. We should not forget that it was created because of that cute dog who went viral. And I've seen a lot of people who are using it as a currency back time. Elon is just an addition but maybe it's true that it boosted DOGE. The term joke coin is not literal because DOGE still has the characteristics of a real crypto. It has a supply, a display price, etc... . There are so many ways to make money here in crypto or by using DOGE, not just via hodling. And it wasn't advisable in fact to HODL the coin because it's not just great to be used this way as BTC, ETH, and similar cryptos. Doge ready had hype to IMO to be honest it's only post involvement of Elon Musk and his repeated reference of Doge coin which made the coin surge to a figure which was hard to achieve on its own and it dropped down at the same speed once it became clear that EM is not serious about it and just using the term Doge coin but not using it as a payment method on his project as people were expecting Elon Musk to accept Doge as payment or integrate it in his projects. Due to this a lot of people have gained and lost huge sum of money it was like ambling at certain point of time. |
|
|
|
|
I couldn't find any reason to think Bitcoin will drop or we will see dump hence considering the factors like Bitcoin halving and the way Bitcoin has performed I expect it to breach previous ATH and race towards $100,000. Even though I am bit skeptical about the $100,000 but Bitcoin might reach new ATH. I have chosen $70k plus in the voting.
But w can always expect the unexpected stuffs from the market hence the above mentioned statement is my personal opinion and not an financial advise because I may be wrong.
|
|
|
|
|
I agree as it looks like the same mistake I have made in the past, especially when we see our trade is losing but still we just see it liquidating just because either our ego or emotions takes the lead as instead of losing a percentage of our capital we end up liquidating everything. But, experts don't make this mistake they set SL and TP and adhere to their protocols that's why they cut down on losses.
But we need to select the right coins because trading is not for all because of one choose to leverage with shit coins or coins like USTC or LUNC then regardless of strategy they can lose everything in a blink
|
|
|
|
|
We can never trust Indian government as it's acting really sadistic way, to be honest every single policy they have when it comes to crypto are really harsh they don't directly ban crypto but literally kill it with stupid policies. Indian government just want it's population to stay poor and wants their cut even before they earn and moreover we have seen Indian exchanges dying. a slow death, and if they keep scrutinizing crypto exchanges then big traders would just move out and set their base in countries like Malta or Estonia like many have already done.
|
|
|
|
|
I have stopped believing in airdrops long time ago and I would also encourage other to stop wasting their time in airdrops as success ratio is very thin and most of the time we end up wasting our time and prompting scam projects. This new methodology of investing a minimum amount like 0.1 ETH or 0.1 BNB is even more riskier as we cannot bank on anything wherein you have to pay first. We have seen more people avoiding such airdrops.
|
|
|
|
|
That's how banking system has been and that's the way for them to make money and there is no way banks rewarding anyone.
But just wants to clarify if your friend has taken loan and he is in debt it's his inefficiency to manage the funds or he has failed in business or financial aspects. Let's be reasonable we know banks are fraud and just suck out money from normal peopl but at the same time let's not justify our shortfalls and failures on banks.
|
|
|
|
|
I can't help but just laugh off when you say Bitcoin was dead at $15k, please understand the difference between dead projects like LUNA, LUNC, FTX and coins like BTC, SOL and all.
It will be like to commit suicide if we invest into abandoned shit coins like LUNA, LUNC & FTX, though they might have gained a lot recently but who is running the project? why should we believe in these abandoned coins? What's the guarantee that they won't become zero once again? I don't think anyone in the right sense of mind would invest into these coins especially if they have knowledge about how crypto works.
|
|
|
|
|
I don't think there would be sudden drop in price of Bitcoin and even if there is any drop it wouldn't be significant or sustainable drop as market is building up for post halving bullrun and everyone's accumulating Bitcoin gradually. One single factor never decides market movement unless it's something very critical and spot ETF doesn't quality for this. There would be some impact but not something we should be worried about and to be honest the fuds are something we should be worried about.
|
|
|
|
|
No wonder this is coming from a newbie, because you cannot gain much through the different channels like YouTube channels or telegram channels because most of them just wants to make money by selling you their premium channels or groups hence we should stay away from telegram groups or any random group. I would rather suggest you to make the most of this forum and search for any topic you will find it here and in case if you are unable to find something just start an topic for help and you will get guidance.
|
|
|
|
|
Yes, regardless of the outcome we should be prepared for our next move but the more it's delayed it would be actually better for Bitcoin as we won't see mass selling and moreover the new about delay has not had any impact on price of Bitcoin and I think there would only be two outcome. 1) Dump in price : We need to use this period to accumulate more Bitcoins to sell at peak, 2) Pump in price: Ensure we don't invest during peak and make use of Bitcoin we are hodling.
My perspective has changed looking at the current market trend and I think this will not have any major impact now.
|
|
|
|
|
I think you are inspired by social media reels where girls sleep or be in relationship with someone just for money.
Reality is really harsh and it differs from region to region because if you check out in South Asian nations most of the prostitutes would have been sold into prostitution by their lover or husband or they choose it to feed their family and their own mean of survival as nobody chooses this profession.
Don't confuse the urge of cheating or getting rich by sleeping with different men like gold digger with prostitution.
|
|
|
|
Clearly a battle of east and the west not only oil and other resources but also semi conductors and military hardwares. The US and China are the two superpowers that were competing in this rivalry. If we try to look at the current events we can clearly see how this powerful countries are securing their interests in it's respective region.
I would rather call it threeway as we have no idea about the hidden agenda of Russia and Russia has always been on the opposite side of USA in any tensions be it Syrian civil wall or Iran related issues. China is class apart as west cannot match their productivity or manufacturing boom but there has not been so much standoff between China and USA like it has been with USA & Russia. Had it not been for USD and use of USD for trading export-import it would have lost it's status as superpower. |
|
|
|
|
Seriously I wouldn't be able to hodl 100% of Bitcoin in my wallet for longer period of time I have tried earlier but failed because you will encounter sudden expenses like health or housing henc it has always been certain percentage of Bitcoins which I would be able to hodl. I think those who are hodling for over ten years are the one who either have forgotten that they have Bitcoin in their wallet or those who have los the private key or in worst case scenario no longer in this world. Unless whale or financially well settled an ordinary person will not be able to beat the urge of selling it.
|
|
|
|
As we enter the 2024, many people are making plans on how to achieve financial success and personally I have decided that trading will be one of my area of focus. I'm gathering information on how to go about it. Your opinion will be highly appreciated.
If you haven't got months or years of experience in trading, do not trade in 2024 is my advice. Or you should use the amount of money that you can be able to lose on trading. 2024 is a bull run time, I will advise you to hold as much as possible coins like bitcoin. Holders will make much profit in 2024. I am sure they would and it would be difficult for new traders to get into trading during 2024 as expected bull run will either make their strategies look bad or vice versa because we will see increase if value of most of the coins. Hodling and waiting would be better option than trading during this period only if you are a new trader but for existing ones it would be business as usual. |
|
|
|
Even if it is a new trend, trends tend to fade away with time. In this case, I think the same will happen. History repeats itself. So the altcoin season after Bitcoin bull run will happen again. We see many dramas before Bitcoin halving, maybe this is one of them. So I will not bet everything on this as an altcoin bull run. Instead, I will see this as an opportunity and take advantage of it.
And when it's over, I will make sure to take my profit and exit. I am still not convinced that this is an actual bull run for altcoins. I'm still focusing on Bitcoin. Every investment is a risk and we grow by taking risks. If you can make profit from this then that's good for you but don't put everything in it thinking that this is the actual bull run. Because cautious about everything. It's the cryptocurrency market after all.
I have similar understanding but the way altcoins started rallying even before Bitcoin made me think if it's a new trend than what we have seen all these years. I am sure we will have bull run post halving but this altcoins rally was something which was completely unexpected and this has led to lot of buying due to FOMO. But this period between now and Halving will be crucial for Altcoin as we need to see if altcoins manages to trade around same value or do we see some more fluctuations. |
|
|
|
|
Show Posts
