it's too late to invest now, it should be the middle of last year is the right time to do that. but because now the price of digital currency has changed for the better, you should buy and sell it by getting a faster profit. doing trade now is better
That's right, now trading in some of the top Altcoins is much better because a lot of people are already making double profits except for those who always panic when market corrections occur. Trading on the top altcoins is so profitable there is no doubt, and some of the top coins such as BNB, DOT, and ADA have bright futures, when there is a market correction, we shouldn't panic, it's better to stay calm
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As bitcoin all time high battling to be $ 49000 , ether is also all time high in $1850
You cannot compare two strong and promising cryptocurrencies. Ethereum and Bitcoin are very different projects with different goals and different development paths. I think that you can speculate for a long time who will win, but in the end, both BTC and ETH will remain in the cryptocurrency arena. I don't know what the motivation is to compare bitcoin with ethereum, in my opinion it will only be a waste of time and of course there is no benefit so it's better to let bitcoin and ethereum run alone, after all, these two coins are also good for long-term investment and the price may increase again in the future
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At the moment I suggest you to invest in ETH because a major pump is due in coming days and the chances are that it will go past $2500 in couple of weeks. It is already trading above its 2018 ATH and once BTC bull run is over, ETH bull run will start.
Eth is good investment for coming days but do have a look on cardano, polkadot, ripple and tron these all has great potential and I believe they will reach their all time prices by the mid of march when bitcoin bull run is over all cryptocurrencies will start growing. I agree on that eth is a good altcoin to invest because it is rank #2 next to bitcoin it is a good and trusted coin and most useful coin in crypto, but you need to take a look on other good altcoin dont put 1 egg in one basket. You can try in investing is different altcoin just be careful on some new altcoin because some of them is not legit. That's true if we only focus on bitcoin and ethereum without looking at other coins that have the potential, I think it's quite detrimental, because cryptocurrency is not only about bitcoin and ethereum, so from now on, those who haven't learned the other coins should immediately study it because it's never too late
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Not sure, whether it's this year or next year, or the next year, we are still in the danger zone, $ 50k resistance is reached and it reaches $ 52k in one shot, of course it has a good impact on the bitcoin chart, Bitcoin has to hit $ 70k or as little as $ 60k to be able to provide a new pathway to $ 100k to $ 300k, I really hope bitcoin can make that happen!
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Of course if a dump occurs in the bitcoin price like what happened yesterday when the correction at $ 46k, all traders will experience panic, because we know the indicator is in the overbought zone, so the possibility for a deeper correction is still very much possible, yes even though there will still be an increase. as it has happened, for sure if you have cut lose don't regret it, that's the most important thing
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I have thought that one key advantage crypto (bitcoin, litecoin, Dash, monero etc.) has over gold is that its supply level is fixed and transparent, but can this or features make crypto more valuable than gold?
yes ,, for now the price of digital currency is more popular than the price of gold. The price of gold has decreased since digital currency was more popularized. we expect future digital currency values to exceed current prices I don't think the drop is very significant so it doesn't look like it will be a serious problem, what is certain is that for me gold is still a profitable investment and is much safer than cryptocurrency, and in fact gold is still popular with everyone, so it seems that there is nothing to doubt about gold
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Hodl! I think doge is about to get serious. Elon must have carefully researched all these before shilling the coin.
I don't know any updates about the team's progress, the only we learned about it is that the team founder quit and dumped his holding for a honda car and then leave. I wouldn't believe that the team will not do something out of this newfound fame. Something could come out soon so just hold because $1 could just be the start.
With the current condition of Dogecoin, maybe many people are also confused about whether the coin really has potential or not. if we hold it and it turns out to be unprofitable, of course it's just a waste of time, but nevertheless the decision must be taken quickly and there is no harm in keeping it while waiting for the price to reach $ 1
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The dogecoin has already pumped up twice with the help of popular persons like Elon Musk, now that many people are trying to invest in Dogecoin, expecting to have another madness on doge. So what if, Elon Musk and other popular experts stopped supporting this meme coin, is there are a possibility that Dogecoin reaches 1$ on its own?
Well, like what I've said, this is just a meme coin, no utility, no usage but what do you think will be the realistic value of Dogecoin for the upcoming years?
If those popular people stopped supporting Dogecoin, within seconds the value would be zero. Evidently what happened today, only the issue that Elon was summoned by the Chinese government because of customer dissatisfaction with the Tesla company, almost most of the coins experienced a decline, regardless of someone's opinion that this was a Trend Down. That's right we can see with our own eyes what happened to Dogecoin, and I am also not sure that Dogecoin will reach $ 1 in the future, maybe in a few days only we can find out whether deogecoin can reach the price of $ 1 or not
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Thank you! This can be a good thing for me even though I have known crypto for a long time. This may not be easy, what we already know to avoid the bad things in investing or trading can sometimes be defeated by greed. Controlling emotions is also important in Crypto.
Sometimes it's not a guarantee that someone who has known cryptocurrency for a long time, they are much smarter in investing and trading, it is true that controlling emotions is very important, just imagine if when we are investing or trading our emotions are unstable, of course it is detrimental to ourselves, so from now on we have to learn to control our emotions to be more stable
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It is good when people really see potential in a coin and in a project and invest money, hoping to profit from growth and development. And the current situation with Doge is pure manipulation. I see no reason for Dogecoin to grow right now. People rushed to buy it only because of Mr. Musk's tweets.
For me it was quite reckless buying Dogecoin due to the influence of Elon Musk's tweet without making any considerations, whether it was the right decision or not I also don't know, So let's just see what happens to Dogecoin, will it end sweetly or bitterly
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LTC price is mooning along with other altcoins. Can you give me some of your TA for LTC? everyone must say hold it because the price is down and can make you lose if you sell it now. If you are a trader you will have to hold for the short term so that you can trade using other potential altcoins that could give you bigger profits. if you want to invest in LTC then you have to hold in the long term until LTC rises higher in the future That is certain, especially considering that the conditions like now are not possible to sell it, the most important thing in investing we must always follow developments and market movements, And if you really want to invest in litecoin, you have to have the patience to hold it in the long term
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Defi tokens today are hitting more than 600% though, I want profit I would probably just sell my INJ and then buy sushiswap tokens or DOT because its the one that spikes higher than the rest. It would be worth it if I have bought the INJ at such a cheap price. But ask yourself why you did invest in that INJ, maybe you like the project and you sort of support the team.
It is hard to assume that the profit will just continue to increase. Evaluate the project, do they have the capability to stay long term in crypto? Because that 600% profit can go down fast. Especially if the dev team decided to move on and abandon the project. So you need to be alert with what's happening around you. Be vigilant as they may be throwing some signals that they will not push thru their developments. Better sell it while in good profit, and just look for more established alts in the market. The problem is that we don't know whether the project can last long here, and it all depends on the decision of the development team, so I don't think we should miss any information about the project because if this happens it will be our own loss, so stay tuned for information and developments
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the same problem for old alt token holders ..I myself have more than a hundred alt tokens in my wallet, and until now there have been no tokens that have a good price, especially the worst thing for the team one of the tokens is inactive and there has been no progress ..
It seems you have to be patient until there is a token that has a good price, I think it's just a matter of time so it's possible to stay patient and follow market developments and movements, maybe that way you will not lose the moment
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transaction with Eth this time has been somehow, like weeks now have not been able carry out transaction due to the high and crazy transfer fee and i need money badly and i have 3$ worth the fee is more than what i have, so eth is just like this for now bro, take heart
There is no other way than to be patient and wait for the amount of fees to decrease, because almost everyone cannot make transactions when the transaction fees are still very high, especially for those who only have a very small amount of stock costs. It is true that with conditions like now, we inevitably have to be patient, because after all there is nothing to do but be patient and I think that is the most appropriate decision for now, Let's hope that in the near future the transaction costs will go down
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I have some DOGE, received from faucets. Not much just around 500.
After the increase in the transaction fees of BTC, I have thought of converting my BTC and LTC to DOGE for the transactions and keep them as DOGE. On the second thought, I thought of converting my DOGE to LTC and keep.
I have gone through some articles about DOGE's future price and I got some 50-50 opinions. I discussed with my friend and he suggested me to hold till mid-2021, I can't say why till mid-2021.
It's true that many sites have started accepting DOGE, thus it is getting popular so there is a chance that the price may increase. Still, my knowledge says there are certain loopholes like there is no upper limit in mining DOGE and it is still much easier to mine compared to others. In short, the demand & cost curve is a bit of a failure here. Though one can't say what might happen after 20 years.
Here I want some expert advice on this. Whether it is a good idea to convert and hold or keep my DOGE reserve constant.
I agree with your friend's opinion because currently Doge is experiencing a high rise and will likely be higher in the middle of 2021. the development of Dogecoin today is much bigger than last year. and I am sure if the doge will continue to increase in the future. and I'm also holding the doge that I have until the middle of this year. Ever since Elon Musk tweeted about Dogecoin the price has gone up right away, really amazing, of course the influence of the tweet, and it is not impossible that in the future this Dogecoin will develop even further, so that more details, it's better to just follow the developments
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Just wanna share this with you guys...maybe...just maybe it will help calm my nerves down I found what i consider a gem today, so i was in a hurry to buy some before more people discover it and the price begins to go up, being an erc-20 token and only listed on uniswap and 1inch, i needed eth and i had zero eth on my wallet, fortunately, i had about $163 usd in my local bank account so i immediately took out $150 usd to buy some eth, after successfully buying eth from a centralized exchange, i quickly withdrew it to my trust wallet, the exchange took about $22 usd for Ethereum transfer fees so i was left with about $128 usd when the eth hit my trust wallet. i quickly headed to uniswap to purchase my precious new found ticket to the moon, with my $128 usd in eth, i could have easily purchase about 2000 of the tokens but due to eth high fees, i brought it down to 1000 tokens so as to enable have some eth left for fees but surprisingly, when i clicked on swap, i was told that i don't have enough eth to cover the transaction fees, how much was the fees??? behold ! $87 usd, i was shocked, i didn't want to buy less than 1000 tokens so i decided to adjust the fees, after adjusting, i was able to bring the fee down to $42 usd, i was warned that my transaction might take a very long time before confirmation o might even be cancelled, i took my shot and clicked the submit button. so the wait began ... 1 hour -- i was still waiting for a confirmation 3 hours -- i was still waiting for a confirmation 4 hours -- i was still waiting 5th hour came and some where in the middle of it, i got a notification from trust wallet that my transaction has been confirmed... i was happy, i quickly rushed to etherscan to view the transaction. lo and behold,, the transaction was confirmed but the token purchase didn't pull through, it returned an error saying like purchase wasn't successful due to low gas shit shit shit...WHAT THE F...KING HELL .. my $42 usd gone just like that ?? i was so fucking mad, in fact, if i knew where vitalik was, i would have called security men to have him arrested, i was devastated, i felt like crying, i was so mad at my wife and kid like its their fault,...it wasn't funny, out of $128 usd, i had just $86 usd left, i couldn't buy my precious ticket to the moon no more, its really a bad day for me today, i lost $150 usd just like that, that was all i had left in my local bank account, and now its gone all because of Ethereum high fees. This is an interesting story and a lesson for you and all of us. but in this case you do not blame or involve other people when you have made a mistake yourself. because in the story you wrote, it was clear that it was the mistake of your carelessness. I hope this is an important experience for you and all of us not to be hasty in making a decision so as not to harm yourself. Even though it seems easy to make a decision but in reality it is very difficult, and this can also be used as a lesson for the future that in making decisions we should not be careless and do not think long, therefore when going to make a decision make sure we are calm I think that's also important
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It's a shame if 2020 you sell all your portfolios, because the start of the bullrun in 2021, especially for altcoins, take a look at Ethereum reaching new ATH this year,Dogecoin has also increased by 1000% or 10x in January 2021, of course this is a good sign, because altcoins are in sight, don't be left behind, buy altcoins
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so till then investing in Ripple can be seen to be highly risky. Also, Ripple is already getting delisted from exchanges and no one actually knows how long this case will go on or what will become of Ripple at the end.
There have been many Ripple issues since 2017, and at that time investing in Ripple was already risky, and now Ripple has a problem with the SEC, so are these issues still lacking to make us understand the risks of holding Ripple? A coin that has many issues means that it has a lot of problems and risks. If there are still many coins that have no issues or even a few issues, why should we choose coins that have too many issues? There is some truth in what you are saying, it is clear that Ripple often has a problem, and if we are determined to invest in ripple, of course the risk can be said to be high, better if we really think before investing in ripple, And I wonder what will happen to Ripple in the future
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No experience is required for this. You just have to understand the market signal. Again you can invest in exchanger on any new token. I want to be a good investor. Do you agree with me?
I do not agree with you with this point. Without experience in crypto market, there is a good chance to loose money. Certainly some experience is required to invest in cryptocurrency. You are talking about market signal here. But how can a newbie understand the market signal in a single day? It is true that I agree with what you say because after all in investing, of course it takes experience, without experience I don't think we can do much when investing, besides that we also have to have a knowledge of everything related to cryptocurrency, therefore we must learn to support us in investing here
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I believe that it is no secret to anyone that 2021 will be a very positive year for the leaders of the cryptocurrency market. It is Bitcoin and Ethereum that are the most relevant investments today, and the current period is perhaps one of the last moments to make profitable investments.
Seeing the development of bitcoin and ethereum so far it has been very good, and of course we hope that conditions like this can last a long time, especially since it is still early for 2021, anything can happen in the future so just hope for the best for this year, the important thing is to keep abreast of developments and don't miss the information
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