Bitcoin is bigger than any individual or corporation.
I agree with you on this really much. Yeah, the market is highly manipulable and we've witnessed so many examples so far too. But Bitcoin is a strong cryptocurrency. It will recover from this fall also sooner or later. True and that is why Investors that believe in Bitcoin will always take advantage of circumstances like this dip to acquire more. History has told us plenty about how possible it is for Bitcoin to recover from dips and this is also one of such dips.
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I strongly believe Doge will be a sustainable incremental coin, with the help of Tesla. And I believe in the management of Elon Musk, the number 1 billionaire in the world. Do you guys agree with me that Doge is the world's largest community-owned coin. And the US and EU communities are very fond of Doge
Since Tesla Bos first joined the crypto space, Doge coin has been increasingly discussed and has become a coin that is very much in demand by crypto lovers. but if you look at the price movements I think for now Dogecoin needs to be stored longer in anyone's wallet if you have it. I also really believe in the potential that Dogecoin will have going forward. if Musk will continue to boost it up then we will expect more from this coin but if he stop and look for another coin or create his own coin then the chance of moving forward may take long. Or also possible that without Musk the fate of this project might ends up. It's a risk but if you do trust this coin, holding can also gives you something decent. yes, that's true if elon musk no longer pump up the value that Dogecoin already has then it is possible that Dogecoin will suffer bad luck. but i think elon musk will make another surprise by giving a value or price to Dogecoin. i am sure it will be done by elon musk.Just like the way investors were sure that Elon Musk was a good investor when he first announced that they bought Bitcoin and will be accepted to pay for Tesla right? and we all know what happened after that. Elon is a Businessman and will make and take profits from any were ha can including Dogecoin which he is currently doing and when he is done he will definitely move to the next.
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From the past there were also those who compared BNB and ETH and predicted that they would be able to overthrow ETH, but in fact BNB is still far behind ETH, as well as ADA today, let alone overthrowing ETH to overthrow BNB is very difficult actually, but who knows if investors start invest more in ADA than in ETH going forward
True and people will always continue to compare different networks based on what they provide to the investors and for BNB that we can say has done enough, is still not enough IMO to overthrow Ethereum let alone Cardano ADA. ADA might be doing something great now but it will take a whole lot more and a bigger adoption for that overthrow to happen.
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Pls I need help and genuine guide. Can I know which best Altcoins to buy & HODL.
I have bought Doge EOSdown EthUp XrpUp Hotcross
I also sold them when crash started.
Now it seems market is picking up can you guys help with what to buy and hold and it will get good x1000 in few months
I don't know of looking for a 1000x profit cryptocurrency in a few months when the market has already done a lot. If this is your aim now, I think you might end up investing in something you might lose funds in but instead look at projects that are more stable that will give you profits for the remaining market circle if the market eventually reverse but not aiming for 1000x and none should be from your list of coins too.
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Well that case has always been there for some time now that Bitcoin does not consume as much energy as claimed and I believed that Elon Musk knew this but I guess that was his best approach to Fuding the market so that he can make more gains from His investments in Bitcoin. I was never a fan really but this just made me less concerned about him.
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Bitcoin just fell down to 39k plus per 1, and those that held/bought bitcoin while it was at 50k have no benefit of holding bitcoin at 50k per 1 instead they lost money. lets say those that will buy at 39k per 1 will have more benefits when its spikes again to 50k. So those that enjoyed holding bitcoin at 50k hoping that it will hit another ATH will have to wait for bitcoin to hit another 50k but still got no profit, while the 39k buyers will profit 11k dollars. My question is why is they no extra profit for early holders when the price falls and rises agian?
Even if we can make that argument based on your explanation which is valid but to me, it depends on your intention for investing in the first place. Some people want to trade and some want to hodl for the long term and it wouldn't matter as at when they bought in and we all cannot have the same profits from investing in Bitcoin and HODLers always have their profits at the end of the day because that was their main purpose, to HODL.
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It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.
I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.
Well said. Those people you saw are the people who just recently involved in crypto space and after gaining some profits with the scattered sh*tcoin in the market, they think that they can do it with other coins and feel that they are really into the trading and know it all. Even as nice as that might sound, do you believe only the people that are recently involved in crypto space and have made profits from trading shitcoins have the strength to bring the entire cryptocurrency market down the way it went this past few days? If that is really the case then why worry? You and I know that is not the case. There are really true HODLers but the majority of the market panicked.
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I decided to check out coinmarketcap.com/new today for any new listed projects but what I saw is heartbreaking, many people are just creating versions of their own meme coins over and over, if you see this and you don't have a change of mind about meme coins you will forever be a fool They are patiently waiting to start an hype and idiots who want to buy Mansions in a week will start buying in But the question I want to ask here is, I understand it takes a couple of processes to get listed on a platform like coinmarketcap.com so how do these shit coins get listed easily like that? It is a crypto space where people believe they can invest in anything and make turns of money, rightly so or maybe not but people that will invest will
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Come on guys stop following him and his posting.
He has done nothing but he made money out of Bitcoin and now everyone is suffering from his tweets (which no one confirms though).
Regards
Talking about him making money, I agree with you on that on Mate. This guy talks about his team having Diamond hands like WTF... You can not do this to anything you truly believe in and Invested some Billion of $ in unless you have made your profits and just wanted to cause FUD to drive the market down so that you can accumulate more for even bigger profits.
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This is the worst dip we’ve seen yet this cycle, but we’ve seen lots worse in previous cycles and bitcoin still came back to rally when the time came. Be patient. one bad thing happens and everyone seems to forget the long game. This is exactly how they want you to react so they can have your bitcoin.
You are right and people shouldn't panic but I believe that panic selling during any price correction or dip in cryptocurrency is something we cant take away. I know some investors to be like, weak hands are the ones selling, that means we have more weak hands in crypto than we think. People have seen this happen over and over since the existence of bitcoin, don't panic sell but they do, some will make even bigger profits in the process others will get recked and we have the HODLers that will hodl through any weather until the target is met. This will always happen and I don't believe it will change.
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ETH will never die, it's just that what causes users to switch to another network is the result of the increase in gas prices on ETH, it seems that if the gas price goes down, ETH will definitely reuse it.
The truth is Investors still actually uses Ethereum Network but it is just that most people/Devs did notice the high gas fees and that as we all know lead to the major con=mplaints and shift to other networks or mainly BSC Binance smart chain however, ethereum is still here and will not die IMO but hope the issue with the gas fees get resolved cos it has really affected lots of transactions.
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Now the money is gone because of the continuing fud of Elon Musk, then China is banning the BTC again, it's like an annual news routine that will always be there to raise and lower the market, you have to be patient and be prepared if something like this happens again.
You are right and since we understand that these things happen and have happened before and even after that, Bitcoin was able to rally back up to a new ATH, then this is just another one of such hurdles that Bitcoin crosses every once in a while. China have always made such pronouncements since back in 2017 and Bitcoin still hodls and will again.
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BNB to $1k is a given it is just a matter of time. BNB is still one of the best coins to invest in and with a good potential too obviously because of all that Binance/BSC is offering and attracting many new projects and BNB being its native coin. It will take a while or faster if the market reverse but will certainly hit $1k. -NFA-
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I do believe that $75k to even a $100k Bitcoin price will happen some times down the line considering that Bitcoin fell from $20k to around $3k+ and rose back up to $60K+ and have had similar kind of attacks from highly influential people before but still remain strong because I don't think anyone or even a group of persons can end what Bitcoin is now.
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I believe as Welsh said here, FUD is a vital part of the Bitcoin experiment. Nothing good or bad has ever been without its propaganda from both sides.
Let us not forget Jamie Dimon’s escapade on Bitcoin back in 2017 when he outrightly called "Bitcoin a Fraud" and what still happened after that, Bitcoin still went to $20k even though it dumped initially and he had the same reaction people are giving to Elon musk now. Now it is Elon musk and tomorrow it could be some other Idiot that just wants to have fun with the market. The only thing to me is that I hope we get to a point where these FUDs will mean less to price action because investors now understand better but I know that's a tall ask.
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Of course, this is not the first time. But I don't understand why many people start to panic about this. The price will rise again over time.
You are right but I believe it is the "Overtime" that is the issue for some. Some investors are very well still in profits right now but some are well underneath their investments and the thinking of how long they will have to wait to get back into profits is their concern I believe even when they know it will happen again.
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How come almost on-one didn't bat an eye when Elon was pumping BTC by tweeting about it? In fact people were encouraging him to tweet about BTC or doge, and now it's suddenly market manipulation and potentially illegal when he is tweeting shit about it and it's going down?
To me, it is not whether he did it, it is the manner in which he did it. The reason behind why he did it that he claimed is shady. Here in crypto, you must agree to the "DYOR" Do your own research before investing that everyone must have written once in this forum, and if this is the case, would you agree that with all the resources someone like Elon Musk has he never did any research on Bitcoin before he Invested all that Billions of Dollars? So in a matter of weeks, he went from Good to Bad on Bitcoin when I believe he has all the info on Bitcoin is the Manipulation not whether he decided not to.
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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.
I believe it is psychology, I want to believe every investor will see that any project that has been listed on Binance surely is a good project and would definitely want to be part of it even before it is listed, so once it is, everyone jumps on it and boom it pumps. Did you know that when Alice was listed on Binance it went as high in price in few minutes as $40 and currently trading around $12, it was the same for most coins.
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There will come a time where not selling will be your greatest regret in this space, everyone seem brainwashed right now that crypto bulls will be here everytime but little do they know that crypto space works seasonally, bears and bulls will forever be here
Hey. I totally agree with you. I don't seem to understand why Investors cannot understand that you cannot hodl forever. I like to hodl and that is for a period I have projected and depending on when I invested in the project. If you were supposed to take profit and you didn't think the downward trend is a correction for the moment and turns out to be the real bear market for the next 4-5 years, well, don't suppose I can say anything else.
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I strongly believe Doge will be a sustainable incremental coin, with the help of Tesla. And I believe in the management of Elon Musk, the number 1 billionaire in the world. Do you guys agree with me that Doge is the world's largest community-owned coin. And the US and EU communities are very fond of Doge
hmmmm, funny the title of your post reads like that. I am just going to leave this here. https://bitcointalk.org/index.php?topic=5338023.msg57029116#msg57029116
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