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Education is an important role in shaping human personality, although many successful people drop out of school, but can everyone struggle like those whose efforts are beyond normal. if we go to school, of course it will be located in an environment of intellectuals, and from that environment it can influence our mindset to become more advanced human beings and in the future will have stronger insights, so this can facilitate us to be successful in life.
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The bull market has ended at the beginning of 2022, and we are entering a bear market, and this is much more terrible!,
look at the altcoin prices that have fallen more than -80% even up to -90%, of course for investors this is a very loss,
and the most terrible incident in this bear market is LUNA's downfall, I'm sure many people have doubts about cryptocurrencies
People are trying to make some buy as the bear market continues. In between the market experience some relief movement and that looks same as a bull market. For now several reasons were tied for its present market situation, according to me this is the reality of the market. If if those Luna Terra incident haven't happened same will be the market situation. So, the cyclic process is taking place. at the beginning of 2022 there were still many people who had high hopes that the market would reach ATH again, but in fact the bearish season has started to run until now. many people are still trapped in a psychologically draining situation, if they let go of it then a big loss awaits, but if they hold it, of course, who knows how long they will recover. the most important thing is that if we hold trusted coins, of course we will still be able to feel calm, as LUNA's lesson, even though it is on the top but in fact it can be destroyed too, but this is the crypto world |
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I planned to buy some altcoins now that we are in a bear market but someone I knew is telling me not to, that its possible more dumps will take place, my question is how will I know when it's the right time to buy coins?
actually we can not predict exactly which coins we will buy. gather courage according to our analysis and stay consistent with the framework you have created. even though the price is already low, it is possible that the price will come back lower. therefore determine each support area to support your purchase, and from there we can divide our capital in several purchases, and also choose safe coins to invest, at least we don't panic when a dump occurs |
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People will just speculating and coping about SHIB would reach $0.1 anytime soon. Just look at Dogecoin, there wasn't even a chance or even not even close to reach that price point when Elon hyped this coin and then we have literally same thing here. Just look at the reality.
many people are too confident with the coin shib, even though in reality after the pump there has been no noticeable movement. to reach $0.1 at least requires a thousand percent increase and that in my opinion is still difficult to happen especially in the current bitcoin situation, fortunately this coin is at least still at the top, and means that there are still many investors who hope for a good increase in the shib coin. but we have to be realistic looking at the market, don't wait for $0.1 to happen, but buy, profit and sell it |
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So right now the market is unpredictable. Even in this condition as we all can see most YouTubers and even Kucoin, and Binance exchanges promote meme coins. What would you guys do about this meme coins project? are you guys ok to invest in these coins or rather not invest this time? because most famous coins like shib, and doge are now in the dip as we can see.
to invest in coin memes in my opinion must be adjusted to the times and trends because coin memes all have very fast deadlines so we have to start early and end before the coin no longer has value in the market. and we can see and notice how coin memes move really fast in a short period of time, and are ultimately worthless in the near future. In buying meme coins, indeed we must be able to know the right time to buy or release it, because it will happen when the pump and dump, and there we have to be able to control our psychology, for example, don't be greedy when the pump occurs, because the dump can come faster. this happens a lot from the story of those who bought doge at the previous moment, even though Elon was already out of the market and enjoying the results, but there are still many people who are faithfully waiting, because they believe that the pump will happen again soon, and until now it has not happened again. less favorable bitcoin situation |
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I heard that some bounties fail to pay participants at the end of work. Considering this senerio, how can one know which bounty is a good to participate in?
It must be difficult to find good and paid campaigns because so many campaigns are not paid at the end of the work. if we look at almost all bounty campaign managers have failed without payment, but for now I think a good bounty campaign is one that has escrowed. because we have been given an advance payment through the manager so that it has been guaranteed by the manager, so participants will definitely get paid according to the time specified by the bounty manager. for now I prefer bounty than looking at the bounty manager, besides that we can see if the payment is using the escrow system, where the dev has paid the bounty manager through the escrow system, and this will give more hope about the payment, after that it will be better if the payment it uses usdt or bitcoin, so we don't have to wait for the market listing after the reward is distributed. even so, this is not a full guarantee, and we certainly already understand the pedigree of the bounty campaign |
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I hope it will be as simple as the old rule of trading 101, 'buy the rumors sell the news'. But for ETH I don't think it will be that simple, for me I dare to say that I believe in ETH and I invest long term in it, so I won't sell it (at least until it goes mainstream adoption). If you want to speculate on the merge whether it will make the price go down or go up, I suggest that you should be ready to lose some money, if the merge happened and turns out it upset some people then the price will go down, if its the opposite then it's good, but most of the time, there will be more people upset than satisfied of some huge change.
I think there are also many people who believe in ethereum after bitcoin, this is also the basis for me to keep holding on to ethereum. I don't know what will happen later, but aren't we here to manage risk, so we must be prepared for any situation, including the current bearish season. on the other hand I still have diversified assets so I think I will remain calm in the face of volatility that will occur later. |
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I've heard of many people talk about cryptocurrency and its potentials all the time and at a point I begin to wonder if one can just depend fully on cryptocurrency as a means of livelihood.
Thee are Crypto investors that solely depend on Cryptocurrency for livelihood but it's not just about buying and holding cryptocurrencies. It could involves mining, Crypto softwares, crypto books, lectures, Trading, selling of crypto trading strategies etc just name it. Cryptocurrency is a gold mine and a lots of Investors had made good fortune from it. You don't have to be surprised because crypto is a big world on it own looking at how it works and operate. So many benefits we can earn from Cryptocurrency woeld For beginners, of course, don't look at the results of people who are already successful in the cryptocurrency world, but we have to find out how he can be successful in the cryptocurrency world, considering that many beginners with high imaginations in the crypto world, and the result is that they slip into misery because their capital is precisely exhausted due to being toyed with the volatility that occurs |
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No it's just a massive pump I think due to Bitcoin price recovery but I,m sure it's not better time for trading because crypto market not showing best response so better to wait and watch how market react...
Waiting time by not doing something will obviously be detrimental, so if the market has not seen a positive direction (bull market), of course, to continue to make purchases as much as possible and as much as possible with the available funds, so that when prices start to improve, the impact will be seen , because of the action already done by saving. it seems that this year there is no indication that the recovery will start soon, it seems that you have to be patient again to wait until the next year and maybe the next halving period. of course there is no good staying silent and waiting until the market shows towards the positive side For me personally , once bitcoin stopping itself from being in the bearish trend ... the altcoin will get backup first before the bitcoin itself , this time im pretty confident and sure enough about this , as long as it's not hitting the all time low of 2022 ... things gonna be great for altcoin to skyrocketing. The charts are pretty obvious , we just need to put the buying price at the right momentum of altcoin rising point. we are still in a bearish trend and the main indication of cryptocurrency is bitcoin. as long as bitcoin is still in a bearish trend i guess its hard to get altcoins pumped up. Usually what happens is that bitcoin will experience an increase in the bullish season until it forms an area of consolidation, and finally the season for altcoins comes, there will be many altcoins experiencing an extraordinary increase, and of course the crypto market will become a trending topic around the world |
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It doesn't matter when you start investing in Bitcoin.
The most important thing is that you have enough information, deep research,
and set the right strategy before deciding to start investing.
And my advice, you should see Bitcoin as a long-term investment instrument.
Many crypto analysts predict the price of Bitcoin will continue to increase in
the future due to its increasing adoption in various industries and countries.
For Bitcoin then it would be standard but we know that there are people who do really tend to risk on a certain extent which would really be leading them on investing into altcoins but in overall the right time for us to invest is on when the market do really make out some bearish market or simply having some dumps because this is on where the best time for you to get in since everything would be cheap but its not surprising that people on these times would be freaking out on whats happening with the market.Invest on the time which you do see that it would be viable on doing so. some investors do prefer Altcoins over Bitcoin. we cannot force them to focus on the Bitcoin market. because everyone has their way and preferences in managing their assets. Bitcoin would certainly be very good for us to have at this time. because prices are being discounted and we've seen a pretty deep dump. at least we can prepare for the next bull season to come from now on. indeed we will not know when the lowest price is. but owning Bitcoin assets right now wouldn't be bad. it is precisely for me that having bitcoin is a must in investing, considering the security of capital that we must maintain. and for altcoins it will indeed be able to provide greater returns, but we must also be able to analyze it so as not to be wrong in choosing altcoins. with a large risk, the opportunity to get a big return as well. therefore not a few people who choose it to get the desired results. for now the comparison may be difficult to find 2x profit from bitcoin, but for altcoins 10x the movement seems normal |
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It's a play to earn game, website isn't the most attractive but it depends on what the team have to offer anyways, if I were you I'd invest only what I can afford to lose and take profit instantly when price goes up, I don't have the confidence of holding new tokens this days I'm better off holding ETH BNB or BTC.
Yes, because lately or at least the last 3 years there have been many new projects that ended sadly, even though from the beginning, starting from the whitepaper, road map, market exchange, escrow, everything was opened in the forum at the beginning of the campaign but in the end it still failed. what caused it? we as bounty hunters, airdrop finders, or even investors, don't know for sure the reason. which is clear, I prefer your idea to put funds into assets such as bitcoin, etherum, or binance, which are clear coins on the market exchange. investing in all three provides a sense of security for our capital, rather than investing in new projects that are subject to risk. but if we want to try our luck according to our analysis, then use a little capital to release the monster side of your soul, so that if it doesn't go according to predictions, then we will not regret it. but most importantly we invest in those three cryptos, and can leave them to do other activities |
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there isn't any. I think those who are successful in becoming rich by investing their cryptocurrencies are people who believe in what they are investing in and usually they get in at the beginning of the project. if the project is already running then we only get a little profit which in my opinion being a millionaire here is very difficult.
but it can only be done for those who are experienced or for those who have luck. We know that it is very difficult to choose a new project, let alone buy it when the presale occurs, even though we get the best price, but this has a very big risk, not necessarily the project is successful, then it is still waiting for listing on the stock exchange, and so on, so I assume it is semi-annual. gamble to achieve it. it's actually hard to get rich suddenly in the crypto market, unless you're lucky or have a clear work plan |
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Bnb, ada coin sure high this week.
Any reason why? Or do you have some basis for that? I am actually very hesitant to hear speculation, predictions, and why. Because the market is volatile and unpredictable, and sometimes prices are manipulated. We can just simply assume that this will possibly be going to happen but not in a way become certain of that. Unless you are a very influential whale that can manipulate their price and go along with your decisions. But I guess not, nor I think you are capable enough to do it. without any big news, maybe the market will move along with the movement of bitcoin. maybe for short-term trading we can get profits, and the current market uncertainty is due to bitcoin's ranging movement, moving up and down in a certain area. but the altcoins mentioned if held in the long term then have the potential to generate satisfactory profits, but we don't know if this week or next month, or next year |
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Bitcoin adoption has been a very important thing that people want, and the level of adoption from various locations around the world is encouraging, even though many countries have yet to fully legalize its citizens. Bitcoin is not legal tender in my country, but many young people are adopting it and using it as a source of income through trading, and many have taken it to the next level by using Bitcoin to pay for goods and services. I am confident that the rate of Bitcoin adoption will continue to rise as technology advances.
Unfortunately, the countries that adopt bitcoin are not countries with a strong economic level, so their influence is less strong on widespread adoption. and because many people saw the opportunity to profit from bitcoin by trading or investing, then a shift from its main function as a currency occurred, but this is actually more and more people who are curious about bitcoin and eventually adopt it for income |
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Yeah, it's a currency but sadly many people don't use it just like that but they use it to make more money in the form of trading, investing and gambling. Btc has an advantage over fiat but it also has disadvantages so don't say that btc is more better than a fiat.
Fiat may not have that asset ability like a btc but you can also use it to make more fiat like if you lend your money and charge them an interest and other fees. You can also put your fiat on the bank or on some digital wallets as savings to be able to receive some profits. Our modern world now has full of crises and one of the major crises is inflation. Btc can be a good solution for this.
Bitcoin's deflationary model is great for fighting inflation. So far, bitcoin is very volatile and this scares off many, but those who understand its advantage can take advantage of this while such an opportunity exists. Bitcoin is currently one of the most accessible assets that you can simply buy and hold and be sure that the investment will bring good profits in the future. In contrast to current fiat currencies which continue to experience inflation, bitcoin was actually created as a currency at first, but because it is difficult to coexist or replace fiat currencies, and because it fluctuates, many people buy it as a long-term asset, and to this day still do. many governments have not approved bitcoin as a legal tender, for many reasons. and I think the main role is with the government if you want it as a means of payment |
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I think it will take a very long time before Bitcoin become worth zero if it will be. But in the current situation, Bitcoin is far from going worthless because its foundation is already established. On the contrary, I think Bitcoin is more likely to continue to have an uptrend chart because of the strong effect of speculations.
But, assuming Bitcoin becomes zero, I am sure, the world will move on, there may be lots of people who went bankrupt but I am sure there are also who profited from this event.
The only time that bitcoin will become zero if there is another crypto coin that will take its place and will become the most valuable asset in the market. But for now, bitcoin is still the best and most profitable coin so far so it’s value will definitely increase more and it’s adoption will become a mainstream someday. Seeing it become zero value might be very impossible these days. I don't think that is likely to happen. Let's assume in the future there will be another cryptocurrency powerful enough to replace bitcoin and bitcoin will no longer be the king of crypto but as long as demand remains and people still use bitcoin, bitcoin will never go to zero. Everything just goes back to 0 when it's really out of demand and no longer being used, not just bitcoin. The only time bitcoin goes to zero happens only when our need for bitcoins is gone. if bitcoin is worth zero then I think the crypto world will collapse, because people's image of crypto is bitcoin, and this affects the psychology of investors considering their crypto identity is lost, and whether to believe in other coins, while the king is being toyed with. although it seems difficult to happen, but currently bitcoin is still in the development stage, and unfortunately it is still a trusted coin today, and that means having to change everyone's mainset to bring it down |
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A couple of weeks ago I was excited that bitcoin price had gained 23k+. I was positive that it was going to at least stay steady at that point for some and the go up gradually, but boy was I wrong. On Twitter this user - Richard Heart, tweeted "Pray that #Bitcoin doesn't hit $11,000. For if it does, the sound of me patting myself on the back will be heard around the world."(What does this even mean?). Anyways, I decided to open my Binance app(I do not check the price daily. Is this normal?) only to find out that the price has plummeted to 20k. Honestly, I am not perturbed at all because I am a long term hodler. But why can't the price stay steady? Are we moving towards the dippest part of the dip? Just wanna know your thoughts. Thank you. Though no one want the bitcoin price to come down even those who are buying in the bear Market would still want it to be high for them to sell. But people who are dealing with bitcoin supposed to understand the movement by now. Yes when bitcoin price goes up bitcoiners rejoice. But you don't have to over rejoice because it has its own peculiar way of movement. Yes when BTC was going up I also predicted that the price would not come down again but the price drastically come down to 19k last weekend. Richard Heart is not supposed cry as a strong bitcoin influencer in that matter. He would have been the right person to encourage others that not strong in the faith. Now that he is the one doing the opposite what will the other that are not strong in the bitcoin faith will do? Moving to the dipest part is what we can not predict. But I believe it would stay on this figure of 19k to 20k within this imber month period. actually if we understand the performance of bitcoin from the beginning to the present, of course we will not be too worried about the price, it's just that many people are focused on price fluctuations and that makes them enter in doubt. from the beginning before bitcoin grew, many people were pessimistic about bitcoin, even before there was a decline from $21k to $3500, and finally it rose significantly and this time in a bearish season, from that picture we can look for opportunities in the current situation |
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Any kind of trading is profitable as long as you know your stuff, you can't earn profits if you're just a self proclaimed trader. Day trading is complicated, it's not even close to what you've said OP, I think the one you've explained was just simply a buy low sell high process. Day trading is a day trade, obviously, meaning you're selling the coins you bought in that day based on your technical analysis, which must be really accurate to gain profits.
I also think it is less profitable. day trading means we trade every day, and have to see the results at that time, or maybe some time after that, whether it's a loss or not. I feel that this only makes us panic, and rush. what is profitable from trading is taking profit when you have earned it, be it in 1 day, or even in months. daily trading, can be profitable, or not, depending on what coin you have, and the market conditions for that coin. Personally, I prefer long term trading. day trading will be profitable for those who are already pro, because they will get profit every day like we work daily. but for beginners or people who don't fully understand it, it will backfire, because it's not a profit but a loss due to a cut loss, or even a transaction that we do becomes a long-term trade because we hold on to it for fear of losing and afraid that it will come. Suddenly the market reverses direction. things like this are the beginning of the chaos of our common sense in the market |
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each exchange has its own differences, I see that currently the most prioritized is the transaction fee. if an exchange has a small transaction fee I think it can be faster to develop than an exchange that has a high transaction fee. This is what many people talk about nowadays.
But what if the exchange has the lowest commissions, but there are many reviews regarding this exchange that it freezes accounts, or funds disappear from the accounts? Of course, all this can be avoided if you do not store your funds on the exchange, which will be the most correct decision. Probably the commission indicator is not the most important, although many people certainly pay attention to it. Indeed, commission is one of the considerations for choosing an exchange in certain situations, but for me the security of funds is the most important, especially for those who use large funds, so they will prefer to use a trusted and recommended exchange. but for small-scale transactions, I personally prefer to use exchanges with low fees, but I don't put long-term funds there, I even withdraw them directly to my wallet, to avoid unwanted things |
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The bottom of Bitcoin is apparently 17500, but according to experts, the month of September has always been bad and no good news is coming out. Bitcoin crash is also due to the upcoming CPI data. Can also dump Bitcoin and make a new bottom due to MT Gox Token. Bitcoin may come down further in next few days or weeks, chances are also seen.bitcoins Can dump 12k to 16k.
I think if bitcoin can break through the $17k support area, then the bearish possibility will continue, but I think that area will become strong support, and at least there will be a bounce if we look at it from a technical analysis, regardless of fundamentals. Unfortunately the positive news about crypto hasn't arrived yet and this is what makes investors' psychology wait and see for the market to react |
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