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Proof of authentication - ETH: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53 - Email: vovchik383@gmail.com- Campaigns applied for: Article, Twitter, Facebook, Linkedin
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As it typically happens when BTC fall down, most of the altcoins follow suit. Ethereum leads the adverse trend with a 6.5% drop. Just a few days ago, ETH was well above $3,100, but it’s now down to approximately $2,900. Can we still see ethereum reach 6k$ this year? Bitcoin price is being affected by new set of Chinese fud and altcoins are affected too there are a lot of altcoins a top altcoins that is now falling down and 1 of them is eth. So how would you defined the ethereum price next 3 months or at the end of this year can we still see it 5k$ to 6k$ or not?
At the moment, it is very difficult to predict the price of cryptocurrencies, since there is instability and uncertainty in the market, in the world at the moment. Many, like me, are waiting for a new flight to the moon by the end of this year, but you need to understand that this requires funds. The next drop in cryptocurrency prices just solves several problems, namely, pulling cryptocurrency out of weak hands, as well as a set of positions and funds for a new leap up. It is difficult to say exactly when this will happen, since what will be the new ATH prices for Ethereum and other cryptocurrencies.
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After the news that China banned exchanges from providing trading services to Chinese users fermented, the token prices of decentralized exchanges rose, such as sushi, uni and dydx, especially the rising stars of dydx. I think they will continue to rise and drive the market into a positive stage.What do you think is the next hot spot?
Probably the next event could be both the beginning of the general growth in the crypto market and the beginning of the altseason. But if we talk about events in the world, then another trigger for new growth may be another news about the adoption of crypto in one more effort, or another news from China about blocking the use of cryptocurrencies. In any case, now the crypto market is too manipulative and any news can trigger both an increase in prices and a drop in prices.
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As the market is volatile and very technical, does it take full time to become successful in trading? or can some trade part time and still make real profit from the market?
I believe that there may be a different situation, but in the end everything will depend on your experience in trading, as well as how lucky you are. This means that for some it will be necessary to trade all day in order to earn, and for some, one successful trade is enough to make excellent profits. This is a crypto market and here every time there is a different situation, therefore, each person may have their own unique situation. I already had a similar experience in cryptocurrency trading, when in one day I could spend a lot of time and earn a small amount of money, and there were days when in 10 - 30 minutes I earned 10 times more.
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Again, the US Government has spent more than expected and now has to borrow more to pay the bills. If this was you, this is the closest to an overdraft on your account that a country gets. The problem is that the limit has to be raised by law, and it is not simple to do so in an age of exacerbated partisanship and little wide-angle vision about the needs of the country. Incredible as it may seem, the US could actually default in its obligations. https://www.nytimes.com/2021/09/26/business/economy/america-debt-limit-political-game.htmlThere is nothing surprising in this, the United States has not fulfilled its obligations for a long time and what should it do the same this time. And all due to the fact that the US policy turned out to be erroneous and at the moment we see how all institutions, both in power and in finance, are crumbling. Which ultimately led to the fact that no matter how much new money was printed in the United States, it will only get worse. The same applies to the obligations that the United States has assumed, they can no longer comply and fulfill them, since there are no more resources for this either. As a result, the United States is currently on the path to collapse. Perhaps they will be able to hold out a little longer, but in the end, sooner or later, the system will come to a complete dead end and the inevitable will happen - collapse.
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What will be the impact of US Infrastructure Bill 2021 on bitcoin ? Many people are saying that bitcoin will dump on this event but i fell otherwise. When everyone is anticipating a dump, we may see opposite. Also bitcoin is moving in falling wedge pattern and a pump is more likely to happen.
You're right! The situation with BTC can go, as always, not where everyone expects, so there is always the possibility of both price increases and their decline. As for the United States, you must understand that inside this country right now there is a struggle between the power of bankers and the power of digital people. There is a high probability that the latter will win this confrontation and when this happens, the price of BTC will fly to the moon. Therefore, the laws that are now being adopted in the United States can also easily be canceled when other forces come to power. Nevertheless, I believe that it is necessary to monitor more the situation in the crypto market itself, and not on the applicable laws.
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This is not financial advice of any kind.
Yes, that is a very probable scenario.
As I said before until ETH 2.0 upgrade, Ethereum is probably the safest bet out there.
It’s getting more scarce each day with a burning mechanism, it is still Proof of Work blockchain and more than 30% supply locked until ETH 2.0.
I believe that there is such a possibility that the price of Ethereum can reach $ 5,000 for 1 ETH by the end of 2021. Of course, this is not 100%, but according to my calculations, 2021 is the last year of the next cycle of development of the crypto market, and as the practice of past such years has shown, by the end of the year there was always a rise in prices for cryptocurrencies, including Ethereum. But we also know that recently the situation on the crypto market is not unambiguous and both a flight to the moon and a fall in prices can occur.
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Ever since Elon Musk started tweeting about Dogecoin, the cryptocurrency has been on a road towards non-stop success. Price per coin rose considerably since the beginning of the year. Those who held DOGE before the pump, already cashed out massive rewards. The momentum will keep going until Elon Musk decides to stop tweeting about Dogecoin. After that, DOGE could either retain its price or go all the way down the drain at a very fast pace. Dogecoin was never meant to be taken seriously, so anything can happen in the future. What do you think? Will Dogecoin be able to survive without Elon Musk? Or will it simply vanish like the rest of the other "shitcoins" on the market? Is the DOGE hype over? Your input will be greatly appreciated. Thank you. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I believe that Dogecoin will not be successful without Elon Musk. As we all saw it was thanks to the messages of Elon Musk that Dogecoin made a flight to the moon, and what next? If Elon Musk refuses to support Dogecoin, then this token will probably return to where it was. But these are just guesses, no one knows 100% how it will be, except perhaps Elon Musk himself. I still have the hope that Elon Musk will help Dogecoin do another bull run. And how will it actually be, time will tell.
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