You have a point. Every one of us has our own effective investment strategies because if you will just copy from others there's a possibility that it might not work on your playstyle. You gotta work on your own strategy, it may be failed at first but you will be able to calibrate what is perfect for you and that can be called a trial and error process. Like in my case, I prefer to make some research first and plan what to do before taking up an investment. Just being knowledgeable and have enough experience is primarily need to survive in this industry.

I don't think Dogecoin supporters have anything to do with negative posts about Bitcoin. I am more thinking it is the Bitcoin supporters themselves especially those people who have a weak hand. The fact that Bitcoin undergoes a deep correction leading for them to spread FUD and FOMO across the market, thinking that the bull run was over. Little did they know that it was just a normal occurrence, after reaching an ATH expect that there will be a correction. Anyway, let those who have weak hands panic because there's a lot of people who are ready to catch what they have sold.

Not familiar with that exchange though. Anyway, I do trust a few centralized exchanges yes especially Binance. Besides not gonna lie CEX does have a higher volume compared to DEX that is why for me it is better to use CEX for now. I am aware that they somehow have control over my account because it can possibly lock or something but I could avoid it by not leaving my coins in there. Upon using centralized exchanges it is highly recommended to not leave your coin inside the platform and if you will make sure it doesn't that much so that even if something bad happens the damage to your funds wouldn't be that much.

Well to be honest it is easier to say than to be done because usually when a person especially those who have weak hand place in this kind of situation where everything is dip it would be hard for him to control his/her emotions and this could end up making a worse decision which is panic selling or buying. And usually, those newcomers are the ones who always experiencing this one but I can't blame them though because it is part of their learning to grow. Anyway, FOMO and FUD are some of the hindrances why traders lose their money, the only thing we can avoid this is to be knowledgeable and gain more experience.

For anyone who saw the chart that OP provided like me then I would say that perhaps it is about to enter the bear trend because of sliding down lines. Anyway, I believed the dip we are having now is just a deep correction, this would cause panic for weak hands of course but this will be an opportunity for others to take buy it back. This has already happened before and will surely happen again. It is just like Bitcoin was charging up for it to break its current ATH. There's nothing to worry about perhaps after a few days or weeks it will recover soon.

There will be only 1 answer and that is NO. The government will not allow Bitcoin to take over because they have no control over it. Bitcoin would never replace fiat. They could co-exist yes, but dethrone each other I don't think that will happen. Besides, we still need cash though because not all countries are not still ready to accept Crypto especially Bitcoin. Perhaps if the government will able to take control of the transaction on crypto (which is less likely to happen) then perhaps it can replace central banks. Moreover, for me, it is better for Bitcoin to stay this way.

Well, we can't do something about it Bitcoin is already crashing. I don't want to be optimistic regards this that it is still not over but I'd say we can still use it on our side like buying cheap coins and such. This is just a cycle market is not always pumping, there will be times that it will dip like entering the bear trend and I think it is just normal. However, we shouldn't stress about it because it will only lead to a wrong decisions like panic selling. You don't need to sell though just hold it till comes up and by then it will be more rewarding.

When Satoshi happens to move his coins it would cause panic across the market, imagine an overwhelming amount of bitcoin is being transferred that would surely get a lot of attention perhaps there would a panic sell may occur. If it happens he/she sells his stash it would totally bring the market down everything is in a bloodbath besides, I don't think the market will be able to accommodate this huge number. To put it simply, this could possibly destroy everything so I hope he had no intent to sell it.

Personally, I will take TRX in fact I have already been holding it. There's a chance for it to reach $1, however, the question is when will that happen but if you will hold it for a longer time you will surely get an x10 from it. ADA is a pretty good coin as well, the will be a higher chance that you get a good return. Anyway, all the top listed coins are worth investing in as they hold little risk compared to any random coins hence there's nothing to worry if will choose over them. Since the market was in a little bit of a correction this will be a good time to buy those coins.

It seems you are pertaining to trading signals. On that matter, I haven't seen one on Facebook but I saw a lot of them in Telegram perhaps you want to check that out. There are few trading signals that can be found but most of them are paid so basically you need to subscribe to receive such signals. However, on some occasions, they are not reliable so it is still better for you to make your own TA. Based on what you have said, I think you need to improve your knowledge more in regards to trading. If you are not satisfied with your current knowledge then strive for more you will eventually get the outcome you wanted. Loss in trading is a normal thing you gotta move on it and learn from it for you to improve.

No exactly know what is the true reason why make is down today but perhaps it is one of the factors. Personally, I am thinking why the market is down because where are just in correction because we all know that Bitcoin just recently set a new ATH, and based on a past event like this Bitcoin goes a correction after breaking an ATH. Anyway, there could be a lot of factors not only one like I am pretty sure that Turkey banning Bitcoin was also had an effect.

Indeed, because of this pandemic which really hit hard the economy every each country and so for the stock market, crypto prevails as it became somehow a safe haven for large institutions. Now they have understood that any economic crisis will not directly affect crypto. It sure did cause a lot of damage but this became an opportunity for crypto especially Bitcoin to shine up to any other assets. But yeah exchange price rate could also be alarming if it increases over time.

I respect your opinion because long ago that is how I think of Bitcoin but now I believed that it will be fully accepted in the future. Imagine when I enter this crypto world about 4 years have passed. Bitcoin was totally strange for anyone, it is notorious for being used in a lot of shady transactions especially scamming but look at it now everyone doesn't want to miss out on the increase of bitcoin, even large institutions are now also venturing up. Moreover, those government who doesn't like Bitcoin at all even placing a prohibition toward it are now gradually accepting it, in fact, there are now numerous countries who already legalize it.

I don't see anything wrong in investing with ETH however just like what you have said it will take time for you to get a pretty decent amount of profit the only pros of doing this one is it is more certain giving a profit compared to random tokens in the market. Investing in NFTs or NFT tokens would really profitable however there's a higher chance you will lose your money as the risk exposure in this one is higher compared to investing in top-listed coins in the market. If you can take the risk then sure, however, make sure you should have to make proper research first before placing your money to mitigate the risk exposure.

Yeah, I will a hundred percent agree that they are the best coin to invest within cryptocurrencies except on Tether of course because it is pegged to the US dollar. It will not make any sense if you invest in Tether because it won't grow as you have imagined perhaps using Tether might be good for liquidating your assets. Upon investing in crypto choosing on top listed coins would have a less chance of losing your money cause unlike choosing those random coins at the bottom they might be a gem but there's a chance they are not.

It is good to think that the image of Bitcoin improves over the year from being hated now being supported by large institutions. As time goes by and every year will pass, along with it the massive adoption we've all been waiting for will eventually gonna happen. If more institutions will come over crypto this will be a reason for other counties to lift the ban against crypto, especially in Bitcoin. This will increase the demand for Bitcoin and will cause a positive impact on the price.  It may be under correction right now but this is one of the best opportunities to buy cheaper coins for use to maximize our profit.

No, it doesn't work like that perhaps they are talking about Bitcoin dominance because as Btc dominance decrease the number of people investing in altcoins is increasing but if Bitcoin dumps no Altcoins gonna happen. Based on what I have observed in this market as Bitcoin dump it most of the altcoins tend to be drag down as well.


There's a chance but there is also a chance that it isn't. I don't think institutions are done accumulating especially now that  Bitcoin undergoes a correction so that means time to buy cheap tokens.

Well, I'm not totally certain if the bear market has already begun but a little correction just like we have now doesn't mean it will continue to go down. Remember Bitcoin recently break the resistance and set a new ATH of course expect that there will be few people who will make a profit and goes for correction. And we know that correction is healthy for the market for it to reach even higher. We've only been sitting on $55k yet you think this will be the start of the bear market, seems you have weak hands or perhaps you just want to create FUD unfortunately, none of them fall for it.

Well, it is easier to say than to be done. I mean when circumstance like this appears in front of our face like showing a huge dump you will definitely have a second thought of selling your coins in which a total response but just like you what you have been said practice you would be the key, as you encounter a lot of this kind of situation you will eventually learn to control your emotion. But yeah I think that is what you supposed to do, to not panic when these circumstances appear like in this current correction. Do in mind as well, that make an analysis for yourself so you could plan your next move when this happens.

I read your story and it was really unfortunate. You could become a millionaire right now but you commit a mistake which is investing with a lack of knowledge that leads you to invest in Ponzi and losing half of your earnings while the other one is not saving your private keys. It is not bad to take a break from crypto since it was undeniably stressful sometimes but don't forget to save your private keys cause' it is the only way to access them. Just like you, I enter the crypto space in the year 2017 and I also used a blockchain wallet, I could be a millionaire right now as well but the mistake I did was to keep spending all the Bitcoin I got. I should have held it. Anyway, it is already done we should move on now and take it as a lesson. It is never too late to make an entry anyway so start up once again and never swayed by your past mistakes.