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12101  Economy / Economics / Re: Why criminals prefer cash (Fiat) on top of crypto? on: October 09, 2021, 11:35:48 PM
This thread is very interesting, in the case of those who always think that only bad things are done with crypto and that is not the case, if we go to a very basic example like in Colombia, a drug dealer does not trust Crypto, they trust it is what that fiat money weighs, because they don't even count the money, they only know the weight of $ 1M, or similar figures, and for them, insurance is what should be trusted.

If we take into account that any activity with great technology serves to make many arrangements and solutions in life, as well as solves and fixes there are many who will want to use it for bad activities, usually privacy coins are widely used by Those who want to preserve their privacy and anonymity, but as long as the criminals decide to study about crypto I think they will waste time because they stop doing bad activities, so for me this is progressive, they will always find the ways for bad practices, and currently every drug trafficker , or criminal in the world, I imagine that you must have your professional team of hackers, and financial analysts as advisers, by any way who wants to do harm, will do it.
12102  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best altcoins to hold during a bear market? on: October 09, 2021, 10:48:43 PM
Although it is not the right time according to the market direction, I think that a currency that can be very beneficial to have it in an eventual Bearish market is Uni, the reason is simple, has a great project, it supports it a great community, and is in the Cointelegraph analysis prism:


Quote
Such a move could push the price to $31.41 and if this level is crossed, the rally could extend to the pattern target at $36.98. The 20-day EMA ($24.50) has started to turn up and the RSI is just above the midway, suggesting a minor advantage to the bulls.
Source: https://cointelegraph.com/news/price-analysis-10-8-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni

I think that for now it can work that way of investment based on that the market continues to move so bearish.


12103  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is now a GOOD or BAD time to invest? on: October 09, 2021, 10:03:09 PM
The general market case of both BTC and Cryptmonde, while BTC ATH has not been reached, I think it is a great moment to invest, in fact there are coins like Dot, Solana, and now Luna is in the sights of the analysts of cointelegraph, this means that it is a coin with high potential, as it shows it:


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That will increase the possibility of a break above $50. If that happens, the LUNA/USDT pair could start the next leg of the uptrend toward $56.97 and then $65.97. On the contrary, a break below the 20-day EMA could result in a decline to the 50-day SMA ($34.92).
Source: https://cointelegraph.com/news/price-analysis-10-8-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni

Seeing from this point of view, it is a great moment of ivnertir, the BTC has not yet reached $ 64K, if it reaches its ATH to the moon and most Altocins would begin to climb.
12104  Alternate cryptocurrencies / Speculation (Altcoins) / Re: the most bullish altcoin of the week? on: October 09, 2021, 09:42:46 PM
In my personal case, the highest Altcoin for me had Solana, but seeing all the Bullish Dot emergence is the currency that gives me the most trust as to nominate her for the best for this week:


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if bulls drive the price above $35.31, the pair could rise to $38.77. The bears may try to defend this level aggressively but if bulls overcome this resistance, the pair could rally to $42.60 and later to $49.78.
Source: https://cointelegraph.com/news/price-analysis-10-8-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni

I do not know if someone else has this perception, but I think it can be a coin about to continue exploiting, and BTC if it continues to rise can give more Bullish surprises for their investors.
12105  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will dogecoin drop to $0.2 again? on: October 09, 2021, 09:29:48 PM
For now I do not think the Doge preius falls less than 0.2USD, of course, while BTC continues to increase the likelihood that falls, but in an eventual fall of BTC, Obviously Doge will go down, but I think he can hold the price level that It is at 0.21USD:


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The DOGE/USDT pair could then rally to $0.32 and later to $0.35. Contrary to this assumption, if the price once again reverses direction from the downtrend line, the possibility of a break below the 20-day EMA increases.
Source: https://cointelegraph.com/news/price-analysis-10-8-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni

According to analysts that Doge reaches 0.3USD would be a monumental profit, it is necessary to emphasize that Doge bulls are beginning to believe again in this coin, maybe this was the stimulus they are waiting.
12106  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Next 10X-100X ALTCOIN at the latter half of 2021 ? on: October 09, 2021, 07:50:57 PM
I think that now Sol is in a good time to buy, and Hasat to invest in the long term, since now the BTC is uploading is normal that a correction may arise, Ethnouts means Bella Solana would go down and be at a good time to buy, According to Cointelegraph predict the following:


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The buyers will now make one more attempt to push the price above the 61.8% Fibonacci retracement level at $177.80. If they can pull it off, the SOL/USDT pair could rally to $200 and then challenge the all-time high at $216.
Source: https://cointelegraph.com/news/price-analysis-10-8-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni

Maybe for now they do not see the potential, but in these momethos this PR 154USD, if an eventual correction occurs, you can go down to 120USD, and if you buy at that price and BTC reaches the $ 100k, Solana would surpass the 200USD and there There would be a great profit, of course this is mere speculation of a possible scenario.
12107  Alternate cryptocurrencies / Speculation (Altcoins) / Re: RIPPLE Long term. Ends in June[s]x5 RIPPLE x5 Current price 0.39, Target 2.4[/s] on: October 09, 2021, 07:35:20 PM
Well, the price of XRP has been substantially risen because BTC has made its part of providing enough improvement to the market, XRP has been at a good level compared to many Altcoins, has been better, even with the problem of the SEC, it has not been Affected the price of XRP:


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The next directional move could start after bulls push the price above the 50-day SMA or bears sink the XRP/USDT pair below the 20-day EMA ($1.03). A break and close above the 50-day SMA could clear the path for a possible rally to $1.41.
Source: https://cointelegraph.com/news/price-analysis-10-8-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni

Sincerely 2.4USD Target I see him very much, I also think that he can get quickly quickly, if we put the price of BTC to $ 100K we would be stepping on that target, even above there.
12108  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Cardano run $200 on: October 09, 2021, 06:37:04 PM
Wow the truth if I would get me that Ada could reach the 200USD, really for now the price of Cardano is by 2.2D, I do not know how the ADA bulls would react if BTC LiGara reaches $ 100k, perhaps more:


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This demand will tilt in favor of the bulls if the price turns up and breaks above the resistance line of the triangle. The ADA/USDT pair could then rally to $2.47 where the bears may again mount a stiff resistance. A break above this level could open the doors for a rally to $2.80.
Source: https://cointelegraph.com/news/price-analysis-10-8-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni

The analysts are waiting for the price to continue recovering, perhaps they are buying in the dip, it is a very good strategy to maintain price and not be carried away by a Pump that then occurs a larger crash than a very strong correction.
12109  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will BNB be worth $1,000? on: October 09, 2021, 05:40:29 PM
I have always followed the analyzes of cointelegraph, however now BNB has remained at a QEU price for me is something stealthy, it is very similar to ETH, for me the price of BNB should be at 500USD, however according to cointelegraph analysts They show it followed:


Quote
if the price rebounds off the 20-day EMA, it will suggest that the sentiment remains positive and traders are buying on dips. The bulls will then make one more attempt to clear the overhead hurdle at $450 and start the northward march toward $518.90.

Source: https://cointelegraph.com/news/price-analysis-10-8-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni

BNB without a doubt, my bet a lot that it will arrive at the 1000USD, everything is a matter of waiting, as Bullish is in a tendency for now, it is not known if you continue to go up, but I think that in any momethno you can suffer a correction that must be prepared.
12110  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin dump, Ethereum pump! on: October 09, 2021, 05:14:20 PM
The price of Eth surprises me that it has not reached the $ 4K, because although BTC has been climbing a lot, the bulls of Eth has been waiting for it to climb more, however now it is swinging the price at $ 3.5K and $ 3.6K:


Quote
That will increase the likelihood of a rally to the stiff overhead resistance at $4,027.88. Conversely, if the price plummets below the 20-day EMA, the ETH/USDT pair could drop to the 100-day SMA ($2,899).
Source: https://cointelegraph.com/news/price-analysis-10-8-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni

The way the market is very good because in any mometno the BTC can grow, however ETH is not at an expected level of $ 4k- $ 5k, such as the strategy of the Pro is now defending the price by buying in the Dip.
12111  Economy / Speculation / Re: Can BTC hit 70k$ this Christmas? on: October 09, 2021, 04:49:27 PM
Bitcoin Without a doubt, it has been an example for those who were betting that it would fall at $ 30k, although it is still possible, many of those who entered short, had Qeu close their positions or just lost, at this time it is at $ 54K , you could not exceed at least the level of $ 59K:


Quote
A break and close above $56,100 could push the pair to $60,000 where bears may mount stiff resistance. This positive view will invalidate if the price plummets below the 50-day simple moving average (SMA) ($47,342). T
Source: https://cointelegraph.com/news/price-analysis-10-8-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni

I think that on this Christmas you will not only come to $ 70K but I also think we can see the price at $ 100k, it is very possible that this happens, the forecasts point to it.
12112  Economy / Economics / Re: Evergrande situation on: October 09, 2021, 04:04:07 PM
Now we all have seen that Bitcoin reacted really well to the recent events, especially China's cryptos ban and Evergrande's crisis.


The second topic is the one I want to particularly focus on (crypto ban looks ridiculous and useless, so I don't wanna focus on that), because the Chinese central bank warned everybody of a possible "storm" that could occur in these weeks.


Do you think that we can consider this crisis solved or should we really expect another little bearish move?

What in my opinion results from everything China does is that they want to have world attention, they want the world to revolve around them, since the pandemic that came from there has monopolized all the attention, and it is normal, if we take taking into account that after the Second World War there has always been the hegemony of the US dollar, the Chinese have always wanted to dominate the world widely in every way.

 When they talked about the prohibition of crypto, mining, in 2018 it did give a great bearish impact to the market, now in 2021 where it is known that the best world economy is China, because they are the only ones that are very stable economically, want to have control, hegemony and attention for them, it is for this reason that any Chinese attack on bitcoin and cryptocurrencies no longer has any impact, firstly because it is a government that does it, and if we take into account the irreverence of people towards it. government, the dynasties in 2021 no longer have an effect on humanity or money.
12113  Economy / Economics / Re: Will governments capitulate and finally recognize Bitcoin as a legal tender? on: October 09, 2021, 05:36:32 AM
What I think of the governments that oppose BTC in the first instance is that they are looking for prominence to show that BTC is not the way out, although for many it is the only way out, and sometimes they do a whole "theater" for the end accept the reality, and the reality is that the whole world will have a digitized economy at least 90%, the other 10% can be left as a tolerance range for those countries in resistance that always give something to talk about.

And what moves the world is money, and everyone likes money, it is a lie those who say they are in governments or banks who love their work, but you will not work very hard sacrificing many things that you like to do without payment, and how to all governments and everyone like money and above all to have it, how can they refuse money? that is a fundamental principle.
12114  Economy / Economics / Re: US with problems to raise the debt ceiling... again on: October 09, 2021, 04:54:35 AM
Now Biden just wants to borrow trillions of dollars and then spend a large portion of that on the least productive sectors of the American economy. It's like putting all that money in a black hole. Unless Democrats come up with a more unbiased plan. I think this is going to be a dangerous event that has a dangerous impact on developing economies around the world that will also be affected if the US government doesn't act on interest rates that will boost confidence. This is what they did, which is taxing the rich people in their country and big companies.

I do not know very well the economic policy of the USA, but from the little that I have heard they are having serious problems, I have read comments from people who affirm that 10 years ago with 100 USD you could buy many more things than now, and this is a total consequence of inflation, I have seen how some news indicates that the FED is unable to give more makeup to the country's accounts and they have also taken into account that the crypto economy is an option that if or if they should take it, all this speaks that it is a country that despite the fact that its main currency is the dollar and the dollar has a global hegemony, the debt is increasing, but as the USA also has debtors, when collecting from other countries, that internal debt is much easier to driving, until now is what I have interpreted from the USA, although I know that internally the problems have not diminished, quite the opposite.
12115  Economy / Economics / Re: Investors Spent Millions on 'Evolved Apes' NFTs. Then They Got Scammed on: October 09, 2021, 04:23:04 AM
Looking at it from the point of view of the NFTs, those who started with NFT were recognized artists, where each one capitalized their money and some were very successful, while there were others who did not, who simply launched it without success, where people hardly won, at one point I thought that NFT was something similar to ICOs in 2017 and there may be arguments to make such a comparison, or such an analogy. What should be noted is that in any project, be it NFT or not, there will always be crooks or thieves who cheat people, we cannot cover the sun with a finger, right now the NFTs in the direction of games are capturing a lot of money and where there is money obviously there are people, this is law, and it is something that if the investigation of the person is not sufficient it is punished with loss of money.
12116  Economy / Economics / Re: Why is There Problem In the Crypto-currency? on: October 09, 2021, 03:56:12 AM
FUD can never be curbed out totally from the crypto world, it can only be reduced and that's by giving accurate and detailed information where and when necessary about crypto currency........

FUD doesn't exist in crypto alone, it's general especially in financial organization.

I personally think FUD is one of the things that make crypto currency unique, cause the fear, uncertainty and doubt will help you make proper analysis before making any investment.
The issue is that unlike traditional markets a great deal of the people trading the markets of cryptocurrencies are people that have no formal training as traders and do not took the time to learn more about the topic, this means that whatever information that comes out that is slightly negative affects them greatly, then the whales take advantage of this and exaggerate the news and FUD is created out of nowhere, and personally I do not see this changing any time soon.
and it can be said that they are self-taught, which in the end have to find their own strategy to be able to trade comfortably, until the ultimate goal is profit. go through a long process to be able to achieve their goals, and unfortunately many of them give up halfway. and it is this that must be learned that trading psychology cannot be underestimated

You also have to see it from another very important point of view, for example, to enter investors or the stock market you have to be in a broker where they ask for KYC and a considerable amount of money and this without counting that if you belong to one of the The forbidden countries then you cannot trade, while in BTC and the cryptocurrency market you can enter with very little money, I know friends who have only started with 10-20USD, and they have earned a lot, of course now the problem with KYC is something almost global, every exchange is demanding KYC unless it is not a decentralized one, but this option almost nobody sees it, for me this is one of the advantages of the crypto market.
12117  Economy / Economics / Re: Just because prices are high, doesn't mean that is a good investment. on: October 09, 2021, 02:14:55 AM
Well.... Bitcoin and Crypto currencies has now been around since 2009 (12 Years) ..... so if this was one of those "Dot Com" bubbles... it had to burst a long time ago. The pre-bubble period of the Dotcom bubble went from 1995 to 1997, the actual bubble took place from 1998 until March 2000 and the bubble-burst from March 2000 until the low-point of the NASDAQ score in October 2002... +/- 6 years.  Roll Eyes
Source : https://www.grin.com/document/197166

Berkshire Hathaway are one of the most desired shares in the world.. because one of the richest men in America owns most of it and stupid people follow rich people's recipe... but they never get it right, because they do not get the insider information that these rich people get.  Roll Eyes
I think the point of the OP is to not fall into the FOMO that is present in all markets, especially this one, people see altcoins going up in value really quickly and they want a piece of the action as well without taking the time to think if that is what they should actually be doing.

Then the coin begins to go down shortly after their investment and they suffer losses they could have avoided if they just took the time to think for a few moments if what they were doing was right.

They are very accurate and important opinions to digest, however it should be noted that when investing in the stock market, in real estate, there is a factor called time, under which most investors trust despite the fact that many things can happen in the market. future and it can all go down.

In the investment of Bitcoin and cryptocurrencies the whole concept changes, only the fact that BTC is taking around 3-4 years in its accumulation period + another period of bullish trend and / or re-accumulation to finally reach the distribution phase It is usually faster than any other market, apart from the ingredient of volatility.

Considering that a Stock Market investor can wait 8-10 years to see profits, the investor in BTC or crypto sometimes only has to wait 1,2 or 3 years to see a big profit.
12118  Economy / Economics / Re: When will the role of fiat currency disappear against crypto. on: October 09, 2021, 01:53:54 AM
Currently, there are many usd-based stablecoins such as, usdt, busd, usdc and maybe many others.  To be honest, I used to think that crypto would completely eliminate the usd's dominance of the world economy but I was wrong, it turns out that usd is now evolving to crypto (stablecoins).  What do you think, whether in the future bitcoin or other crypto can replace the role of currency in each country and leave fiat currencies such as usd, euro, yuan and others.

Although there has always been a hegemony of the dollar, it must be taken into account that the fiat currency with respect to crypto should not be seen as a competition of who is better, because crypto needs FIAT to establish a value in either USD, EUR In whatever way, in order to be marketed, just as gold has a value in FIAT, oil, precious stones, everything must have a value in fiat.

The usdt as well as other stablecoins are not entirely pure, they are always mixed with some crypto, when we establish for example: BTC / USD, or BTC / EUR, there if it is only with the currency, there it makes perfect sense, meanwhile. some stablecoins are being established, like the Chinese stablecoin, among others.
12119  Economy / Trading Discussion / Re: The psychology of stoploss on: October 09, 2021, 01:03:38 AM
...One benefit is your just loss a little part and you can carry on with your trade, after all trading is about profit and loss. This is a good mentality to succeed...

You cannot use stop loss if you do not have the skills to trade and do not have a trading strategy. A small loss at a stop loss will be only if you open an order in a long position from support or a short position from resistance. Thus, it is necessary to compare the risks and profits from the expected transaction.

You're right, when I was starting in the world of trading it always happened to me that when I reached the stop loss, I didn't take it and what I did was keep losing and losing, I had to go out to the Market, and the loss was worse, then I realized I had to understand well how it worked, how it was put on and under what conditions, of course this happened to me because I was doing things fast and not having traded with play money.

Now when I trade, the first thing I do is set my Stop Loss, whatever it is is my first step for everything.
12120  Economy / Economics / Re: How has inflation affected your savings and investing? on: October 08, 2021, 11:47:39 PM
In the case of my country it is very easy to detect, because there is simply no saving, when inflation occurs, only people dedicate themselves to satisfying their basic needs such as maintaining themselves with their food, services and medicine, everything changes when it is taken into account the savings in strong FIAT money, such as the dollar, some have physical gold and change in emergency measures.

Very few know the BTC, and those who start do not have enough confidence, however there are always ways out of it, inflation only begins to be fought with short and medium-term investments, this is the measure that many in my country are taking in mind and doing.
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