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Elon Musk is just an influencer who helps to raise the doge, I think there are other parties behind the scenes who are more influential than Elon Musk. nowadays doge is like a miracle in terms of price, but we have to know how long the doge can survive in this trend.
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well, you pretty much summed up all the bad experiences of all newbies back in 2017. The only thing that is missing there is giving private keys/seed phrase to phishing/fake websites. I've also seen some people give their money to fake giveaways.
Sometimes scammers disguise themselves via phishing, I've experienced the same thing and lost $ 500, that's to be aware of. This experience must be used as a way so that in the future we can be more careful in protecting our assets |
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having a conversation with a friend today , he was asking me if he should sell or hold a coin. i didnt give a straight answer, i just told him the project is a good one that can do well but if you are willing to wait then you can hold but if you need some money then you can sell off. he then replied that he will wait for an additional 25% increase before he would sell off. i think i tried my best to let him make his final decision himself. is there any better way to do this? if it were you, how would you respond to this. ??
before I will ask your friend, what coins does he hold? if the coin is good and has potential, then it is worth holding but if the coin is not good, I say sell fast and switch to other coins with more potential. because we are not only talking about sell and hold, but also how to analyze the potential of existing coins |
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in trading it cannot be used as an experimental arena, because everything requires good analysis and patterns. I think a lot of newbies do the wrong thing for them to trade just buy low and sell high. even though it's not like that, you have to use techniques and analysis to see how the profit is made from the trading pattern, if the pattern fails to replace it with a new pattern, but if the pattern is successful, maintain it and develop it for the better.
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I am interested in reading your book, I think you have a good idea. maybe if this book goes viral you can try writing one by one the coins in crypto so that many beginners can learn from your book and add insight from your book
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Lately I've been trading more and more on FTX.com, mainly due to all the issues that Binance has been having. The options and types of contracts available on FTX are unique and can't be found anywhere else and it now ranks as the 5th highest volume exchange. Decided to do a full write up of the exchange and my trading experience there: https://www.cryptoadvocate.net/post/ftx-reviewI am also a user of FTX there, I get a low fee experience for transactions compared to other exchanges. so I think FTX is still feasible to be used as a transaction connection medium, especially cheaper ETH sending transactions for new users |
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the potential for ETH will remain huge, if it only touches $ 10k maybe ETH will be easy in the next 1 or 2 years. the most important thing is that ETH is consistent to always experience significant increases. This can be used as one of the best options for ETH
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The bull market is over it looks like there's still a long way to go now it's bullrun season for everyone, even the worthless altcoins now have fantastic price rises. So I think the bulls are trending and won't go away in a short time
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Most people would like to discuss Dogecoin because it has a high possibility to hit $1 soon. But will cardano has a chance to hit $3?
cardano has the potential for that, look now that the price of Cardano has reached the position of $ 1.7 I think Cardano now can be an option of choice for long-term investment in the future |
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After reaching 3k now, it looks possible for ETH to go down again.
Like Bitcoin right now, BTC is really undecided where to go next and price has declined from 65k to 57k.
Maybe we see a similar drop for Ethereum now after reaching 3k to drop back to 2.5k.
What do you expect?
your writing occurred on May 3. it is the correction season for bitcoin and ethereum, look at this time slowly the price has increased again. I think right now there is nothing to doubt about eth or bitcoin. So it's not the right time to seek opinions, stay focused consistently on bitcoin and ethereum |
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Elon Musk is not a speculator, and if he decides to speculate, he can manipulate many stocks and make profits higher than what Doge/BTC could achieve.
All the tweets about Dogecoin meme are jokes to test the strength of the currency and were used by speculators to create a bubble in the price of the currency, that bubble will soon burst, and these investors are the ones who will be rich.
yes that's right, elon musk can be said to be just an intermediary for the increase in the price of Dogecoin. what really happened is that investors played a role in the doge's soaring. So I think that Elon Musk is just an influencer but does not intend to speculate on doge, only investors who speculate in large numbers. so that the profits between Elon Musk and investors can easily come through doge. |
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if talking about my worst mistake would be a lot. but I focused on an error where I transferred my assets to a coin which turned out to be a scam due to a referral from someone. even though I didn't get a big loss but it's a regret because I should be able to use my assets in a coin that is more profitable than the scam coin.
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I guess you need to write in notepad or spreadsheet in .xls or mobile phone or the book every time you send funds into your Ledger with details, date, time and the amount. By doing that, you will know how much bitcoin or how much money you already used to buy bitcoin and you can calculate one by one of the total transaction you already made.
But maybe you can use it the other way you want because that is just an idea, so you do not forget to write a note about your investment.
Yes, that's right, because with a record, everything will be counted properly and accurately recorded. but for the problem of profit I am not sure about the profit because in trading it cannot be executed as expected. crypto market is always changing and we can only take profits close to the records we write |
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government policies that can help grow the price of bitcoin are only policies that have a positive side to bitcoin such as examples of countries legalizing crypto. it has a positive effect for crypto especially bitcoin because global responds well, so don't expect bitcoin price to grow if the government has rules that hinder bitcoin. even though bitcoin is completely unregulated by the state but it is bound to be hampered
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why haven't people seen the US economic boom? because many people are still in a situation of the Covid 19 pandemic where the world economy is experiencing a decline. I think people are not too focused on paying attention to the economic condition of a country, they are focused on fighting Covid 19 and thinking about health. so maybe a boom in the US economy will be seen when covid 19 ends
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What do you people think of the XRP price after the lawsuit?
Feel free to comment what you think!
Many statements from various parties say that after the XRP lawsuit and problems are resolved, it looks like the XRP price will increase. but it all depends on the market conditions XRP can adjust or not. because the effect of the XRP lawsuit doesn't really matter |
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In my opinion, your choice to split your investment 30/70 is a good idea.
And what about your 70% alts? Is it a good rating alts? If it is, i suggest you to keep your alts and dont touch it.
Currently it is not the perfect time to buy bitcoin, because we are in AltSeason.
the most important thing is the type of coin chosen, 70% for altcoins it is a very large allocation in my opinion, being smart in managing altcoins is like finding treasure if an altcoin pump. |
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new project too risky in my opinion. you can buy good coins on the top 10 coinmarketcap so you are not too risky. graphically, new coins cannot be stable if the roadmap is not fulfilled. so think about buying new coins
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very safe for now, because what we know is USDT can be a counterweight to crypto. currently USDT is widely used as an exchange option on all exchanges. so besides that USDT is also a safe storage because it does not experience high fluctuations
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Is Ethereum and other altcoins taking over and replacing Bitcoin?
If so, how fast will this happen?
speculation is hard for an altcoin to replace bitcoin. from market capitalization it is different if bitcoin is higher than altcoin, then from what aspect can you be sure if bitcoin will be displaced by altcoins? can you explain? |
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