Holding crypto in my opinion is more risky than traders, traders can cut losses at any time thus avoiding big losses but holders can lose all money, I once held some tokens that I thought were good but turned out to be lost in the market in 6 months so I lost all my money.
but trading without good market analysis skills and knowledge is also a big risk. Holding and trading crypto assets are always risky. and the only one who can minimize the risk is ourselves. we have to be able to improve our skills and know where we have the best skills. because sometimes some have better skills at holding long-term assets than trading. or conversely, some prefer trading rather than investing by holding assets for a long time. |
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In my view, we should dare to invest in crypto coins when we are sure. However, we must also have the technique and ability to research the coins we want to invest in detail so that we can make decisions in investing in the long and short term.
that's what everyone really should have. because investing is not just about our beliefs. there are techniques and knowledge that must be possessed. and such knowledge cannot be obtained without experience. The more you try, the more experience you will have. and it will grow our skills and knowledge. most importantly never close yourself to a development. when we continue to grow, it will be very good for our investment in the future. |
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the most important thing to hold in the long term I think is just to be mentally prepared and don't be greedy to take profits. seems very easy to sound, but if we see price fluctuations it can disturb our mental. therefore we must be able to control emotions so that we focus on the initial goal when we start investing
therefore in trading or long-term investment, the most important thing is psychological maturity. we can do good planning and analysis, but if what is in our psychology is not strong. then all can be useless. because panic and greed are actually the main enemies of a trader and investor who is on the way to maturity. |
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Holders and traders have some differences and also have a similarities. I'd say they have difference since holders could've make us earn profits or lose, while in trading you are the one who sets your price on what you trade. Their similarities are that they may brought you profits and also they may brought you deficits.
So, which one would you like more? trade or hold coins? we know everything is at risk. but everyone also knows how crypto assets around the world are the riskiest investment assets. but everyone likes it. because it can benefit from many things. I myself changed my strategy following the market trend. when in correction I will wait for the best price for me and buy some assets. long-term hold or short-term does not matter, it all depends on our analysis of each asset. but when in bull momentum, I would prefer to trade following the market hype. it's a big risk but if we get the momentum that is always right, the profits will continue to flow for you. |
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I believe that ETH will reclaim it's glory back once gas fee issue is solved, there is also a big difference between BSC and ETH that will still make many prefers ETH, that's the fact that BSC is Centralized and ETH isn't.
Honestly ETH really much more powerful than BSC 1.2nd to Btc 2.MyEtherwallet connection that connected to all Tokens 3.People's best of users that BTC compete of it. BSC actually has pretty strong support. but if you look at the coin capacity, ETH is still stronger than BSC. ETH's clear ecosystem support is still the strongest. although the popularity of BSC continues to increase, it will not shift ETH. especially if you understand, BSC is a development of the system and ecosystem that has actually been built by ETH before. not only BSC, many networks such as fusion also use the development of ethereum. |
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with $10k why XRP and TRX? what is your reason?
If you just say long term both assets are good, I think all potential altcoins in the market have the same opportunity in the long term.
anyway with $10k I would prefer bitcoin, ETH, and BNB. I think it's better in the long run.
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You know that in the end of the day, they don't care being unethical as long as they are under the radar of whoever they are messing with. Governments, patrols, etc. You mention it. It is money that they are after. I'd like to just throw it that there are many people willing to do something shady just for money.  With that being said, something bad thrives on the crypto market quickly. I hope people like that will live for a long time. so that they will truly enjoy what he gains from stealing. until they realize that there's really nothing they're really making. we know scammers will always be around. but we have to make them get nothing. |
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I think it is better if they don't give a time frame when eth 2.0 will be fully ready to avoid making people waiting for it disappointed, while it is very important for the devs to insure everything is working in accordance before launching it, it will safe many the disappointment whenever the expected date passed without the launch, things like this can't be rushed, reason why the delays will occur, people have to understand this.
for something big why not publish? the time is fixed and indeed sometimes there are delays, I think that's normal. they need a long time to develop a project as big as ethereum. everyone has been waiting a long time for this great development to be completed. the time is still long and everyone is still patient. |
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The problem is that most people won't learn from their mistakes, let alone learning from others' mistakes. We knew there is going to be a bear market and there will be a dump, still, people trade like the price is going to be up and up as if everyone will start putting all their money into crypto. Also, there are a lot of sheeps in our community which has to stop.
that's what makes everyone fall into the same hole. they don't want to learn from their own mistakes. but most are related to greed and not wanting to look at the market. most do not follow the plans they have made themselves before they invest. |
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Remember, the reason why BTC dropped to 3500$ in 2020 was because of CoViD19, BTC was strong at 10k but the pandemic ruined everything at that time and yet it was a wonderful opportunity for those who aren't scared at the time so don't expect crypto market to crash again, there is a very very low chance that BTC will ever taste 10k again as there are too many waiting to buy back at 25k already
The probability of going down is very high. but I don't think there is any momentum created by the pandemic that BTC has decreased. I actually think that in the crypto market everyone can make a profit during a pandemic. you should know, the crypto market is actually luckier than other stock market exchanges which have decreased during a pandemic like now. more people are getting into crypto as it is getting attention from the world news. |
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Meme coins only increase at one time so traders use them for short term profit, they only take immediate profits if they don't want to lose but for legit coins it will increase slowly and well hold it in long term. Basically, legitimate coins will provide high movements even though you have to patiently wait for the price to increase.
Meme coins only used as short term speculation only by traders, pump and dump coins sometimes needed by traders to increase their balance faster if they have to wait in project with organic growth. As traders , alot of coins need long time to really give huge profits to us and some of us not patient to face it and finally decided to invest in pump and dump coins. that's what professional traders do. so are shrewd investors. the hype ensues and then you will see the dump very quickly. it usually happens because the game is designed very quickly. and those who can't keep up will get a trap. if this kind of situation keeps happening and more happens. this could be bad for crypto market conditions due to declining trust and adoption rates. |
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Yes I truly believe in Binance Coin and its potential but to say that it will be the king of all coins then I would disagree with that. Bitcoin can not be over taken by Binance or even ethereum will stay there in the second position. I see binance coin only after these two coins.
Bitcoin is and always will be the king ok all the coins according to me.
everyone will probably think like that if you look at it from the market rankings. but if you look at the product development sector created by binance, you will see how strong the community that has been built by binance is. and all integrated to make BNB prices even better in the future. |
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I think ADA still has a lot to offer and those who invest today don't believe they will be disappointed in the next few years, the assets on github are high and I think Cardano together with Polkadot will be excellent investment opportunities.
ADA is a great asset. it is very possible to make a profit on this asset investment. but to be able to see it compete with ETH in terms of value and market adoption I think it's too far for ADA. ETH is still too strong for any emerging altcoin. most of them just create hype with small news. will then be wasted. no development for the long term and trigger higher market adoption. |
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that means the government doesn't want to deal with taxes from crypto. the regulations that are carried out are for no mining and crypto use there. this is not tax-related I guess.
The Chinese government is more of a judge, maybe the crypto market can destroy the stock market and investment projects in China. isn't that very possible?
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the development of the platform will follow what is popular in the market. and what the community is interested in. what happens in the crypto market is always like that. so future developers are sure to belong to a platform that really gets support from the market.
the more adoptions the better. and currently, both are in the same stage. but Polygon's popularity is probably bigger today than Solona's rising from the hype.
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ATOM is not a bad asset. but currently, the market is not as well supported as MATIC and DOT. both are more popular this year compared to ATOM.
but we don't know how the development will come in the future. maybe your plan to invest here will make a profit. because I'm sure you've made a good investment plan with market analysis from ATOM.
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Indeed for now many altcoins are present, and those of us who have small capital can invest in those altcoins and this is certainly very much the difference with bitcoins whose prices are already very high so we need a large capital to invest in them, but in investing in altcoins we also have to see the potential of such coins because for now many altcoin scamers and only last a moment.
but the potential altcoins that are in the top market are very helpful for good market adoption. especially for a new altcoin market asset which of course creates good hype for the crypto market. all need each other in the crypto market. old bitcoins and altcoins also need new assets to make market movements interesting. most of the top market asset holders are holders waiting for bull momentum to come. while new altcoins are very attractive for short trades. |
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no one is safe to keep your money in crypto.
everything can eliminate the money you have. understand first before starting to invest.
those who have succeeded there understand how big the risks of crypto are. if you already know that you can focus on top market assets to get started. choose one with your small money. it will give you experience. after that, you can develop your investment with bigger money.
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there are so many sources of information out there, it's just that determining which one is accurate will be quite difficult, I myself use bitcointalk and blockfolio to get information about the crypto world, be careful in choosing the source of information, because some of these websites spread hoax news
the most accurate ones I usually follow are the social media accounts of the exchanges and the social media accounts of the projects I follow. because I really don't like new assets. I've researched several projects and I will follow their updates. to get news updates from groups that are not clear I think it's just FOMO. |
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Some projects are very easy to identify because they tend to have the same name and even copy some whitepapers from previous projects, the stupidity of scammers for not having knowledge of blockchain and trying their luck creating 2 almost identical projects. Thread Scam Accusations will help make it easier for you to avoid scam projects. Nah, the biggest scams are the ones that actually put some effort into their whitepapers, pay expensive shillers (sorry, I mean influencers) to pretend they're so excited about it, and then even hire a team to talk and do stuff. All this with no intention whatsoever to put out a real project. If no raise, they say they don't have funds. Nice excuse. The way forward is to make these projects pay and just not give them any of our crypto. I'm confused why they all want to help a criminal like that? just for money? honestly, it's really bad. scam people with some fake projects. I'm sure they don't leave, they will come again with a new project with a new identity and do the same thing to make money. |
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