You posted in 2021, it's 2023 now, and the price of the MATIC coin hasn't experienced a huge price increase, so I think the reason is because the competition in crypto is getting tougher.
it's because we are still in bearish doesn't matter how good of a coin is, if the trend is bearish it could hardly increase in value, matic has shown some breakouts many times yet it just could go against the waves and increase in the middle of bearish, it always comes back to the trend again. I'm sure once the trend is changing its value could easily rise. there has been rumoured that matic has the flow of big invesments coming in to the coin yet that does nothing. That's how it is and besides that we also don't know when the bear market will end, maybe it will continue even though we also hope bullish can come in the near future, to make it clearer, let's just follow the progress |
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Often as a newbie, when you see a new project you are tempted to invest in it. Why I agree that not all new projects are scam, always ensure that you do your own research before putting your hard earn money into a project, otherwise you will wake up to discover that the devs have disappeared with your money.
I have a personal experience, a friend and a mentor told me about a new project that was looking very promising, he advised that I invest in it. So, I did even without doing my little investigating, not too long, the dev pulled out liquidity and that was the end of the road for the project.
So, that's how I lost my investment in that project, though I didn't put much, just about 10$, but a lost is a lost.
Please, be careful out there, the devs are not smiling
And if you must invest in a project you are not too sure of, always put something small, don't go all in, you might end up regretting.
This goes not just for newbies but definitely for all aspiring investors as investing is risky, but it’s even riskier if you put your hard-earned money into projects that have no real long term profiting goals. Be careful not only to devs, but on the project itself as it may look promising and very profitable at first, but the moment you put all your capital and profits in it, the project suddenly disappear just like a thin air. So be cautious and always DYOR. The first is always to do research first and that for me is very important, indeed when doing research it takes a lot of time but it's better like that than investing in projects that are ultimately scams, we do our best to minimize the risk |
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~snip~Bitcoin is proven performing good despite bearish in the long run. It’s nonsense to discuss the credibility of Bitcoin as good token to buy during bearish season since it’s the most good performing coin in cryptomarket.
if you still doubt bitcoin then they don't know the real potential of bitcoin. Bitcoin is the main coin to choose from when the market is not as good as it is today. bitcoin is a digital asset for long-term investment and seeing the returns over a period of several years, of course it will be worth it. the current bear market is the best time to continue to collect and hold bitcoins. When talking about long-term investment, of course it cannot be separated from Bitcoin, because indeed Bitcoin is one that cannot be doubted in long-term investments and I think almost everyone knows about it, and with a bear market this is a good time to collect it like you said |
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In order to help you avoid total failure, one have to avoid making mistakes repeatedly. Here are the some biggest mistakes successful people may make once, but not twice.
I am sure that there is no one in this world who only makes one mistake in his life, there is a big chance to repeat it and for me it is not a problem as long as we don't give up from mistakes and try not to repeat it but if we make mistakes again, it does not need to make us stressed because mistakes are part of humans to eventually become wiser people, sometimes new success will be achieved when we have made lots of mistakes. Making mistakes in learning and always trying to learn what his mistakes are and trying to avoid the same mistakes will make him develop better. This is why we must always learn from mistakes to progress in the learning process. But most people will think that those mistakes are blocking them from moving forward and they forget to learn what they made mistakes and how to avoid them. Achieving success is the desire of many people but getting there is not easy because there must be lots of tests and only people who don't give up will be able to achieve it. sometime even the successful people to make so many mistakes - the bad time does not comes uninvited. and the luck too comes suddenly - may God keep us protected and gives us wisdom Successful people do not mean they are completely free from mistakes because basically mistakes will make them continue to learn and that is certainly something positive. the most important thing is that we have to do our best and that's what can be done because luck or whatever it is is not up to us to decide |
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Current number of post (Including this one): 1433
Rank: Sr. Member
TRC20 address: TQsFaAC2XEbVqtbahGQwaSWxLHt3gnrzMw
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Paper money is issued by the central bank in accordance with government approval, of course as long as the government can still guarantee paper money it will survive, and if we think about it, of course it will be difficult to have a system that can replace paper money, if we think that cryptocurrencies can replace paper money, there will be more problems encountered than benefits.
Yes, I also think that fiat or paper money is still an irreplaceable choice, and if indeed it is replaced with cryptocurrency or whatever it might even cause new problems, which is certainly basically not that easy to replace paper money |
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Many people think that the new project is a scam and there is no hope of getting big or profitable, people prefer old projects that already have a strong position in the market, but as traders we have to be able to read the opportunities, we can only get 10x even 100x profit in a year if we invest in new projects.
Of course investing in new projects is an opportunity to get a greater satisfying profit. However, to be able to find a good new project is not easy, especially now that fraudsters are doing various ways to get money from investors through the new projects they offer. Therefore, we must be observant in investing in new projects and must also be prepared with all the risks that will be faced later. Yes, the more scammers they come here, the more they have ways and that's why we also have to be smart and careful. always do research before joining a project and it is very important, at least with this it can minimize the risk and of course it's much better |
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Forever Cryptocurrencies will be like now that is up and down it can occur without our guess, like the end of 2021 when the market reaches ATH I am very optimistic that the market will not drop as it is today, even I am very sure ETH will not drop below $ 2500, and the results It is like now even dropped under $ 1000.
It's true that crypto is indeed difficult to predict and very volatile, there are many influencing factors as well so we need to keep abreast of developments and that's important, I think this year will be closed with bearish conditions, we'll see |
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If you don't know how to invest, it's safer to put your money in the bank. Investing doesn't always make money. Understand investment projects before investing.
If you don't know about investing, learn it, it's not as difficult as many people think. Investing means you can invest in stocks and forex...not necessarily just cryptocurrencies, we have many investments with less risk than cryptocurrencies that can still be profitable. But if you really don't want to invest, instead of depositing all your money in the bank, I suggest you save your wealth in gold, it's better to keep your money in the bank. Because as you know, fiat currency depreciates over time, so keeping money in the bank for a long time will make you poorer. Basically there are many ways and it all really depends on each person. when talking about investment, don't just focus on crypto investment because actually there are many other than that, gold investment is also a good choice and the risk is also not as big as crypto |
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Right, don't be too easy to connect wallet, now too many scam programs will steal assets when we connect, do not believe in the token in the wallet that we do not know, usually they include a website to connect the wallet, and we can be sure after the connection then Our assets will be stolen.
Before connecting make sure to do some research however it is very important, scams are everywhere and we must always be careful, small mistakes will make our assets stolen so we have to be wise |
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The price drop not only happened to ETH, but almost all cryptocurrencies including bitcoin, of course this is the impact of the market dropping due to the FTX case and exchange wars, but I'm sure ETH will recover soon, and the right opportunity to buy ETH because now the price is on the floor .
ETH only recovers when bitcoin recovers and I also believe that eth is the best investment besides bitcoin. ETH is currently being dumped on the market by FTX hackers. Obviously, this is a good opportunity to buy ETH, and I believe it won't get a second chance. wrong in that mate, remember that back in 2018 in altcoin season , Ethreum made it on the top while Bitcoin is dumping that whole year. Well in the end, ETH didn't go over bitcoin, they always stay in 1-2 position exactly as it is. Last year when the market was high, bitcoin price didn't go up as much as ethereum neither, the difference went under 2x for a while, which means that ETH got very close but yet no matter what happens it didn't drop any lower. This is why I keep saying that it is a lot better if we could like ETH for what it is, but do not consider it as the way bitcoin will go down under first position eventually. I also believe that if one day bitcoin is not the first coin in the rankings, that could be a very risky and dangerous thing as well, I would be a little scared. of course Ethereum will remain number 2 but at least for the next coming years because we cannot expect this to be forever because there are lots of happening in altcoin and there are many coins that that has good development and has better promises that ethereum that still hanging around with good potential . Yes crypto is hard to predict but for Ethereum I actually still see it will still be number 2, I think Ethereum has everything to stay at the top of the rankings as it is today, but let's see how it goes later |
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...If I don't like overhyped discussions so I just tell them it is far better compared to having their money saved in the bank for 1 year doing nothing I do this to avoid been held by my words if things goes wrong...
There is no doubt that investing in bitcoin will be much more profitable than keeping your money in the bank. Given the dynamics of the cryptocurrency market, the profit in this case can reach several hundred percent. But this will only be true if the market is bullish. Otherwise, 1-2% in the bank may be higher than you will earn on holding bitcoin. Basically what you said is true and for now the market is still in a bearish condition and that seems to be making some people hesitate to invest, investing in Bitcoin is always a good choice and whether it is profitable or not depends on many factors |
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the condition if the Bitcoin price is able to reach $ 23k in Q1 2023 is that there is no FUD and sentiment must be positive,
but from a technical analysis point of view the Bitcoin price is of course very big chance to reach more than $ 20k in 2023,
seeing $ 15k is really very strong and Bitcoin refuses to go down,
especially when the CEO of Twitter Elon Musk announced that Twitter will have payments using cryptocurrencies, of course,
this is very positive for next year.
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we know all of that is just Fomo, especially during a bear market like this, there are lots of investors or whales who want to take profits and can buy at a lower price again after the dump,
I'm sure Elon Musk is also doing the same thing, considering he's also very good at making markets crypto Fomo, just like it did last year when Doge hit a new all time high and made a few millionaires,
and maybe Elon will do it again too, whether it's in bitcoin or maybe in altcoins.
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don't be too eager to buy bitcoin at low prices anymore,
because the whales have also prepared a plan because I believe $ 15k is Bitcoin's strongest support,
you can see price action reactions through technical analysis and if you understand then you will buy Bitcoin now.
Yeah! Bitcoin will be heading to $20k or more later this year.
There's no such thing about bottom price because there's no way that we could really be able to predict out on whats ahead and this is in fact the reality.It is really just that we do able to observe that 15k price is a solid support which had been failed up to be broken and we've been holding that strong even into those most worst market condition or something that we've been enveloped with lots of negative news but still didnt able to break through other supports.If you do keep on hunting for the bottom without any basis then you would eventually missing out lots of opportunities to get in because the price might start on recovering now but somehow it is really still a speculation though.  I think it's not just speculation, but from technical analysis and price action, I also analyze that $ 15k is strong support for bitcoin, do you see how $ 15k is very strong? The bitcoin price has rebounded from that level several times, especially now that the market sentiment is still bullish, so if you wait for a price of $10k? or maybe underneath I'm sure one day you will regret it. |
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Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?
the bull market will come if the Bitcoin price is able to be above $ 20k again, because right now it is still under $ 20k so I still doubt that the bull market will start, yes we know the increase in altcoins on Binance was up to thousands of percent a few days ago, but that not the beginning of a bull market in my opinion only whales who want to accumulate bitcoin at low prices because they get thousands of percent from altcoins, so don't be fooled in this bear market. |
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don't be too eager to buy bitcoin at low prices anymore,
because the whales have also prepared a plan because I believe $ 15k is Bitcoin's strongest support,
you can see price action reactions through technical analysis and if you understand then you will buy Bitcoin now.
Yeah! Bitcoin will be heading to $20k or more later this year.
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For now, if you want to keep a stable coin,
I suggest keeping it in USDT only because USDT is really backed by the actual USD that is held in reserve by Tether Limited,
of course this is why they are really serious, different from UST, which is backed by Terra Luna and now they are a scam,
so stay away from stable coins backed by a coin again so there is only one thing that is safe, namely USDT.
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