I've heard that SpaceX already made it official that they are going to start accepting Dogecoin. Sooner or later, we can see the same thing for Tesla also. I wouldn't be surprised too.
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It is very true. Most of the altcoins in the market carry big risks. They can go up and go down very quickly. I understand also that choosing the right time to sell is really hard. But when one starts gaining experience, it can be easier to predict.
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Altcoins are not directly dependent on Bitcoin but indirectly. Bitcoin has an incredible dominance in the market and it is one of the biggest factors that the movements of Bitcoin price affect the market also. It was going to be the same if it was a different coin.
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I think that it is a safe-haven asset if you are in for a long term. Otherwise, it's not that safe at all. I've always seen Bitcoin as the best coin for long-term investments rather than short-terms. Bitcoin has a bright future and you must not be very impatient if you want to make a big profit.
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I believe that this is the best time to buy because of the level of the price currently. I see it as an accumulation opportunity. It seems like the bull market hasn't ended yet. So we should be ready for another rally.
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My answer is definitely Dogecoin. And I guess that so many people would agree with me on this. Elon Musk is the biggest factor for this way of thinking. Even if he cuts his support, still I would say DOGE.
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BNB is an exchange coin so I don't think that it will be able to become the king of all cryptocurrencies. I believe that it is really promising though. But I think that it won't manage to go higher than a certain level.
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Yeah, I totally agree with you. It is like winning a lottery when it comes to meme coins. You should already be prepared for losing also. So it is better to risk an amount which you can make up for.
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I think that the price can still soar in such situation and have witnessed it a few times too. But Elon Musk is the biggest factor of a huge increase in the price of course. I can't deny it.
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It is impossible to know which altcoin is the best but I would say my own investments of course. I have invested in altcoins like ETH, BNB, MATIC, LINK and LTC so far.
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Yesterday I saw someone mention #Dogira at Bitcointalk, then I went and bought it and quickly made twice as much money! Thanks to this platform, it's full of get-rich-quick opportunities!!! It was your lucky time then. Because there isn't any guarantee for any coins to surge. It may have a good period but it may also start decreasing at a high rate suddenly. So I don't invest into any cryptocurrency by just listening to someone.
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I really don't like this manipulation. It can make you be in a good profit of course but you can lose a lot of money too. As a result, I'm actually against this action. People or governments shouldn't be able to affect the market.
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Some people even say that Bitcoin could go down at a incredibly high rate if Satoshi reveals his/her identity. But I don't see any logic about thinking in this way. But I'm sure that Bitcoin will be affected by it if such thing happens.
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I have also tried not looking at his tweets anymore but it's like there's no chance that I don't see them. Especially the ones related to this market. As long as he continues to do the same thing, he will continue to draw a huge attention of angry investors.
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Finally someone has heard our voice. I hope that SEC could do something about this problem for real. He is really getting on my nerves. He did his manipulation again last night. Someone must put an end to this.
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I assume that so many people are really done listening to him already. He manipulated the price again recently. I wonder when he is going to stop this nonsense. He is just toying the market and investors are really angry with him.
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I agree with this so much. Ethereum's price skyrocketed before the recent dump. And I've no doubt that the increase will continue again as long as the bull market continues to exist. My top 3 rankings for the coins in the market are like this:
1. Bitcoin 2. Ethereum 3. BNB
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In Ron Paul's view, bitcoin is money, and it should be taxed as such. How do you view this information?
Bitcoin is a type of money but it is totally different than fiat money. It is more like between fiat and investment tools like gold, silver etc. . We are not only using it for buying something but also for investment purposes. It can of course be taxed. But I think that they shouldn't impose an income tax on it. It is really not fair.
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I think that this pandemic period helped Bitcoin and the price grow even bigger than before. Because there are many more people who have learned about Bitcoin right now. Lately, the market is not in a good condition but it isn't related to pandemic of course.
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I hope so. I'm really fed up with these FUDs affecting the cryptocurrency market very badly. This should stop by now. I think it is quite enough that people, companies etc. manipulated these coins. I know that FUDs are never going to come to a halt. But enough is enough.
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