Corrections in the market always occur, one of the issues presented is news that creates negative sentiment and sometimes makes market conditions very volatile, especially in the past few weeks. and today the market has shown its performance even though it is not fully as it was last April.
I am a little relieved that today's market conditions are starting to turn green, although not as beautiful as last April as you said, hopefully this is a good signal for the crypto market |
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My opinion is that by using Dogecoin, Elon Musk provokes everyone or shows that he can control the market, I believe He is the richest and can afford whatever he wants and it is very difficult to know what is behind his cryto action. I believe that elon's goal is to dominate the market Yes, it does seem that he is capable of dominating the Crypto market at this point in time, but it will not last long for him, because sooner or later everyone who believes in him today will realize that he is only thinking about profit for himself regardless of his followers. Elon is a businessman and definitely what he is doing right now is to multiply the profits he has by dominating the market, he is really using his influence to get what he wants, and I agree that this situation won't last long because people will conscious and saturated because they were only being played with by him, then they will come back to trusting the research they have made more than just following an Elon. |
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I'm less sure to say this is a correction before the altcoin season. Maybe some time ago we had a pretty lucrative altcoin season. Corrections are commonplace in the crypto market. We don't need to panic over this correction, just hold onto what you have and wait for the next pump to happen.
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I don't know how long this phenomenon will be over, people are too concerned with what Elon is doing, we should be able to stop to care about what Elon tweeted, and focus more on each other's research. If this condition persists for a long time, it is likely that the crypto market will be completely manipulated by Elon and we will get caught in it.
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Both, in my experience, are the best and cost a lot of money. Ethereum, on the other hand, is known as the king of altcoins, while bitcoin is known as the mother of all digital currencies. They have different purposes and have different ideals. Both are, in my opinion, the strongest.
Not only the strongest, both of them have long held the highest ranking in crypto, the influence of these two coins also cannot be underestimated, when BTC starts to decline almost all altcoins go down, if you have to choose between the two will be difficult, for people who have more money will definitely choose BTC. because she's the mother of crypto, but if you want something a little more affordable in terms of price, ETH is a great option |
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ELon trying shake crypto market with his power, he start with doge and tweeting to the moon.much traders influenced by his tweet and even hope elon will continuesly tweet positive about doge and crypto market. bu in my opinion , its not good for us cause i smell decentralized here. we only focus on one person meanwhile if we look at back, bitcoin could surive without any help from influencer
There are advantages and disadvantages of the effects caused by Elon's current actions, where we can benefit from the growing doge, but on the other hand this can be fatal if we just follow what Elon did and it seems as if we are very dependent on him, so that Elon can easily manipulate the crypto market with its popularity, and you are also right about bitcoin, it doesn't need the popularity of an influencer to grow to dominate the crypto market today. |
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This is the mistake of bounty hunters on this forum, many do not care to read carefully and tend to be in a hurry to understand the rules of the game. This should be a valuable lesson for them and we also have to be careful not to get caught in it.
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It seems to me that now is not the best time for long-term investments in crypto. Now there are very few projects that are worth buying in order to keep for a long time. I see a future for many projects, but I think that the prices for coins will be lower than now.
Maybe some people consider the corrections that are happening nowadays to be a disaster, but on the other hand there are those who think that now is an opportunity to buy and start investing in crypto. Especially for people who have been waiting for the price of a coin to fall for a long time to enter, this is the time they have been waiting for. |
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Doge has hit a fairly high price for now, a really stunning meme coin, but this creates a dilemma for this investor who started holding Dogecoin, because its price has reached its highest point, and it is correct to wait for the doge to drop in price to start. it will be difficult to predict when it will happen, because surely Elon will make another sensation to increase the price of the doge
Currently the price of Doge is cheaper than some time ago, if you really want to start investing in Doge, maybe this is the right time. |
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In my opinion, choosing altcoin to buy is not that so easy but these days there a are lots of trusted altcoins that is good to buy for short term and long term. You can check the ranking of the crypto in coinmarketcap or coinmarketcal. You can choose in the top 100 coins their especially the coins which have a small value to have a bigger profit in the future. As for my best altcoin, Ethereum, Binance and Cardano is very good to look at because I earn a lot of this coins investing in it.
That's right, because choosing which altcoins to buy, we have to be prepared for the possibility of losing them in the future, to minimize it we can choose altcoins that are already in high demand, besides that the price is more affordable. If indeed the research we are doing on the altcoins we are going to buy in detail, the future profit opportunities will be even greater, I also agree that ETH, BNB and ADA are good choices to buy. |
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When someone is afraid to take the risk of investing in btc or eth because of the high price, altcoin is a wise choice as an alternative because the price is still affordable. But now the prices of BTC and ETH are cheaper than some time ago and this could be an opportunity to invest in one of the top 2 coins in crypto, or even invest in both, and make it a long-term investment, but it comes back for every investor's perception, be wise in making choices.
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Anything can happen in cryptocurrency, even if it's the worst. Ethereum has become one of the giants in crypto, and is very popular today, but in transactions it has a serious problem, namely the large fees that must be incurred every transaction. This could be a stumbling block for ETH if it is not resolved soon, and more and more will switch to the BSC network, if you want ETH to reach 100k, ETH must immediately fix the existing cost issues so that its growth is not stunted.
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sure I've just registered there it can not fail
There's no need to be agitated by the issue that BNB is a failure, Binance is making innovations from time to time, and lots of people have got hold of it. Binance is a company that is well organized and able to earn top titles in the market. BSC is one of the Binance products that has been able to lure people to it to become popular right now, Binance is something big and it will not fail. |
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From what I can see, the chances of hitting a price tag of $ 5k for May are very slim, as it is already late May and ETH prices are still at $ 2.7k, it would make more sense if ETH would be priced at $ 3k by the end of May.
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Indeed, we should not ask others whether investing in something is safe or not because not everyone can be a financial counselor. Simply conduct your own research for the assignment, and you will not be sorry for your choices. When it comes to investing our money, we should never rely only on the opinions of others unless we know the individual giving the advice.
Advice for people who are going to invest is actually only a statement reinforcement that they believe, there is something more important, namely capital and accuracy in choosing objects to be invested in, as well as patience, because failure often occurs when someone only relies on what other people say. |
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You were said "there is no reason that government Will let the btc to stay alive", then could you explain to me why BTC still alive, even is growing day by day. Can you image if BTC die now, does still exist any of the crypto alive in the crypto market. The answer is clear, BTC will live and die with the crypto world.
Btc is the parent of crypto, without BTC, crypto will not be able to develop until now, for some people who depend their lives on crypto it might be difficult if BTC dies, but for people who use crypto just to increase their income it will not matter much because surely they don't depending on the income on the crypto market. |
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Developers should choice Binance Smart Chain instead of Ethereum Chain
It can't be that easy mate, like you forced someone who doesn't like white to wear white. This is indeed a problem that must be resolved quickly because the high costs are very burdening the investors, indeed BSc is currently cheaper in terms of transaction costs, perhaps because the value and density of transactions are less than the density and price of ETH. |
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I think you believe in doge too much and I'm sure you will regret it if you throw away bitcoins and exchange them for doge. doge for now is good with a pump in such a way as to make this meme coin penetrate newath. but if you sell bitcoin just for doge I don't think it's worth it and will only hurt you.
but whatever you do I will still support and provide the best support, if you think doge promise and believe in pumps that elon do, why not. do what you want to do
Eventually, Elon will dump his DOGE, or he might have already dump it and we just don't know. I don't think Elon is stupid, he knows the real value of DOGE, it's just a meme coin, there's no way it will be successful in the future. The current price of DOGE is just overvalued due to hype, and believe me, Elon is abusing his power manipulating the market. Maybe he is just launching on us now because we are buying DOGE which only makes him richer. I think many of us already know how Elon is playing with the crypto market. some of the tweets that I think are just childlike jokes. but the problem is, how can it all affect the market? surely his followers are not stupid people who are easily manipulated by just the tweets he makes. but in fact, everything affects the market. To safeguard our assets, it would be better to doge only short-term assets or assets to transfer at lower transaction costs. |
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The problem with ETH gas fees is making people speculate on other platforms like PolkaDot. But once the ETH 2.0 kicks in, these fees will be burned and it will be a game-changer for ETH and we have to see the competition then. There are already a lot of good projects on the ETH platform and Dot may get some in the future.
I think if the problem is in the transaction fee, BSC has become a solution. the popularity of DOT, which I think is widely discussed and thought to rival ETH. but I believe it is too young for Polkadot to compete with ethereum to make such a claim. |
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