Doge I think a joke that can make money dude, many people have become millionaires because of doge. movement in the market also still looks normal even in a bear market. yes this is the king of all meme coins, and many developers are inspired to be as successful as doge , but in reality it is very difficult to achieve what doge has got.
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It's still a thing thanks to dumb people invested in it because they're ill-informed about it. Most of them dont know what you're talking about, layer 1 or whatever. They invested in Solana because it has a strong front over the twitter or social media where shills for it are rampant. "The next ETH", "Looks at the chart of Sol and see how much it has increased", "It was still under development so problems are expected", "Buy it now cause it was cheap!" all that craps.
The strange thing is that these people don't really care what is going on inside the solana itself, they are too easily led into the abyss. solana is not a tesnet network to be fixed all the time. there are several telegram groups that I follow that say Solana's fate can be like Luna.
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It seems that in the future all the needs that we currently enjoy will no longer be needed for people in the future, so I also interpret that metavers are not really needed for us at this time, but as time develops and technology will increasingly change the mindset of humans .
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Know that playing meme coins in the bear market is tantamount to throwing money away, to be honest you are very lucky to get a quick profit from these meme coins. meme coins will only be good to hold during a bullrun market, but if you are ready to accept the risks it is true there are meme coins that will be pumped but the probability for me is 1:1000
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It's difficult to change someone's habits, what else has been done for a long time, even I who already have a wife, to be honest, she can't stop me from gambling, we have to give her understanding even though it's wrong, but I can control which money to gamble and for other needs.
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Games that don't just rely on luck alone, I think it's also appropriate to say it's a sporting match, domino and poker can be said as sports because it takes skill and mentality to read the situation that's going on, this is like playing chess even though we all know how to play it, but it takes a mind-blowing strategy to win it.
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I'm sure a government like this just wants to get rid of competitors from the private sector, because they are very greedy even though they have earned a large income from taxes, but still make government-owned casinos, if so they have the authority and power, to terminate private casino licenses that they think not up to standard.
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Maybe it's satisfaction that keeps me gambling, nothing crossed my mind that by gambling I can get rich, because honestly if I get a big win I prefer to spend the money back to play again, and only a little I use this advantage outside of gambling.
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I don't think that's the case for the casinos who have a direct betting with Bitcoin or other altcoins and has the betting limit set in Bitcoin value. Since you're actually betting on Bitcoin which also means you will win a percentage in Bitcoin as well not in dollars. So, regardless of how much the Btc price is, still it doesn't matter coz again you are betting with Bitcoin.
I do not know what I will think if I have some amount of money in bitcoin on a gambling site and all of a sudden, the price of bitcoin falled from $48000 to $20000 which is more than 50% loss. Yes I agree that a gambler betting with bitcoin is betting with bitcoin and 1BTC equals to 1 BTC, but people will always think about this as they passively lose money. I do not just bet with bitcoin, I do that after significant bear market, when I know that bull market will be certain than further bear market. From what I know, until now bitcoin has never lost its value up to 50% in just one day. it's true as a gambler if placing a bet with bitcoin will have a direct impact on the value of the win or loss we get, but a gambler should be used to that kind of thing.
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What I know is that in 2017 when the bullrun started with many FUDs such as China banning all forms of crypto activity, in 2021 there was a pandemic due to covid 19 which resulted in almost all countries implementing a lockdown, and for the next few years, I assume maybe after the war and inflation in interest rates stabilizes there will be momentum for the crypto market to rise to become even stronger.
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Long term holders are stuck and waiting for the momentum to sell their tokens, the reality of increasing is clearly visible. But also I'm amazed to them shiba army long holders not sell their tokens to loss. If that's me might not be patient to sell and choose another altcoin to increase my financial value.
I also think so, can't hold the meme Token for too long if it has decreased by more than 50%. it takes a long time to get the hype back on Token memes. For me, meme tokens will only be popular in the bull market.
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It's still not over $40k, we've already seen the 2021 bullrun and it's hard to see the market especially bitcoin gaining that momentum again. maybe for 2024 or 2025 we could see a bullrun back. for me this is part of a bear market recovery, hopefully by the end of the year btc can break through $35k.
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NFT got its momentum well when the crypto market was bullish that year, many people took advantage of it to make it look redundant, but now the light has dimmed with so many NFTs have lost so much value today, it's hard to even sell them at low prices now. I'm not sure that NFT can still get hype back even though the market will be bullish in the future.
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No one knows for sure what will happen, but I am personally optimistic that ETH could hit ATH again in the near future after the merger. It's time for ETH to make the market bullish again, even though there are a lot of FUD currently circulating, especially with the current economic recession.
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Look for tokens that already have such uses and are listed on a popular exchange like binance. it's hard to get profit in a short time unless you can see the future, there are tokens in 5 days can reach x 10 if you can find them, one example might be the Wing on binance.
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There is too much manipulation if we play in futures trading, especially if the altcoin we choose to trade, I still remember being cheated by the exchange, precisely gate io in trading futures. they easily liquidated my assets even though the price had not reached the margin price. if you want to try it doesn't matter but my advice is never to leverage more than 10 x if our capital is not thick enough.
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There's nothing to be sorry for, bitcoin will know to find its own way to rise. bitcoin is not an altcoin which when pumped can no longer return to ATH, we do have to experience a correction in the market so that bitcoin's growth is for the better.
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In 2017 for me it's part of the foundation of the building and for 2022 the price is $20k as the ground floor for the next step up. 2017 some people don't really understand bitcoin but over time until now bitcoin has been accepted even as a transaction tool in some countries, it's clear that growth will continue and we are now heading to the next better ladder. So I think buying more is a good option for the future.
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What is this you mean https://coinmarketcap.com/currencies/gala/my opinion about gala I hope gala can soon find greater cooperation from game creators to add some more games that can be played. because Gala has been listed on several major exchanges, I am optimistic that their vision and mission can be achieved, for the price it is not so bad for now, although the hype of the game is now starting to decrease.
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I don't agree that we're returning to normal here. We're moving from a locked down state of pandemic into a state of global recession. They opened all the entertainment again for people to use but we had market crashes all over and huge inflation. People are afraid to spend their money because they need savings in case they lose their jobs in a global meltdown or another lockdown comes. As you probably know China didn't completely end the lockdowns and their banks are starting to steal money. This could be the beginning of something big.
It's true that we're in inflation and the global crisis for now, but it looks like we're getting used to this kind of thing if we look at the experiences that happened during the pandemic. Honestly what big thing do you mean destruction or some other disaster?
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