That is what we called, competitions. just like other businesses that is coming to it's popularity, demand and hype. In crypto field, projects are also copycatting for them to gain. It's just that they should be unique with the other so they can be successful at the end. We may see some defi projects fail because they copy the whole thing and never add spices to their objective. Investors wanted to try projects that they think they will gonna benefit if it will turn out to be well.
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I still fell like we should see another retest of 10-10.5k before any potential fall comes into play but I'm not entirely sure... We could see a drop further to 8.8k and then back up to this zone and just consolidate for a while too...
Yep, possibly. Since some predictions said bitcoin will gonna fall again down to $7k but since it was at it's steady level at $9200- $9600 it's either will touch up $10k again. Let's see how does bitcoin will be move, I think these upcoming days seems interesting for the btc market. Either it will rebound and retest or the either way around. Some btc enthusiast also said there is hidden divergence on the chart. You can check it here to see the chart. https://cryptopotato.com/bitcoin-price-analysis-decision-time-facing-now-huge-resistance-area-hidden-divergence/
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With all your explanations, how was your trading so far, OP? I admit that I someyimes misread my technical analysis, if you identify that hidden behind the technical analysis readings, I pressumed you traded well, don't you? The effect of the dynamic traders in the market doesn't mean you can't make consistent income with technical methodology; all you need is to trade with an edge/strategy that works and follow a trading plan. It is easier said than done. And as a trader, I know for sure that there is a risk and that I may not get some consistent income here. Market is hard to read, whales are there to attack so even the strongest technical analysis will be failed.
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We can actually do that even now. There is also one bar here in our place that accepting crypto coins like bitcoin to buy drinks and foods with them. And also there are online services that are already doing that. Here are some of it, though it wasn't updated. - https://news.bitcoin.com/8-food-delivery-sites-that-accept-cryptocurrency/I often use bitcoin to pay my bills, so if we are talking about on the increasing use of btc in the future, it will optimistically grow. Since many were already been aware on how to use bitcoin to spend it.
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I don't think so. Render token has been launched since 2017 or 2018 but the progress is not that good like other altcoins. Investors are not considering this token because as you have said it is also undervalued. If it is hidden gem then we can see some potential even before in this token. But still nothing.
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Altcoin is good, the reason of some people hate it because there is a lot of shitcoin around this crypto world, anyone should search carefully before buying any alts, there is a hundred option of good ones to get and the future is good.
I'ts because those altcoins you are talking about seems left a bad image to the other altcoins. But there are still worthy altcoins out there. It's just that, they are incomparable with bitcoin. Thus making them have a reason to mainly choose bitcoin rather than some alts that has unsure future. Bitcoin, without altcoins can survive and stand well.
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Becareful, new ICO fundraising wannabe will rise from the deep now, I've seen DYCO and BRO so far but can we really trust these new fundraising projects? Don't take risks to find out, in time the truth will be revealed, don't rush in, I lost enough to IMO last year, I don't plan on taking such risk this year again....
OP, a lot of them were failed ICOs and there main purpose is just to raised money and run. It's hard to find "deserved and successful" ICO projects nowadays. Entrusting your full trust on them isn't advisable, regardless how good they are showing off the progress the sincerity and the heart of the project shall identify before doing some steps. Since you had a bad experience before, DYOR and be wise choosing the right project to invest. Input your money to those good and deserving projects.
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I want to urge you to not give up on crypto currency and bitcoin because it is a wealth creator; all you have to do is to not cheat the process. Bitcoin is a path to wealth transfer, and i want to encourage to save in satoshis, either daily or weekly; the future of bitcoin and crypto currency is here!
I have been confused on this "cheat" process you are talking. Does it mean that if we turned our back and give up bitcoin, we tend to cheat? Anyway, giving up is not the answer. Even this pandemic is urging some to cash out all the bitcoin that a crypto investor is holding, they can still buy and reinvest it. It is to test ourself to be strong in times like this. Bitcoin has a great value and have a good use. Giving up is not a good option.
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A kind of shitcoin found on NovaExchange, but pump and down is real, +550% two times streak this night,
if anyone want to take some risk and some fun, i guess it's the moment
But no, I won't take the risk just for fun. You have said it and claimed that it was a shitcoin. the pump may not be real and just did that on purpose: "To lure and invite investors to buy their coin". The pump does't mean it may be a good coin to buy. Be wise, choose coin that is worthy and not because they have increased 550%. It's inappropriate reason.
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Noong baguhan pa lang ako sa crypto, iisa lang ang gamit kong password sa lahat ng accounts ko at iisang email lang din ang ginagamit ko noon sa mga pag sign up sa ibat ibang websites. Not until my one account was hacked and they've managed to get my funds. Mabuti at mabilis kong nareport at nachange password ang email ko. Though hindi na maibabalik yong nawala pero lesson learned eto sa akin.
After that incidents, I used 2fa google authy at iniiba iba ko na rin ang passwords sa lahat ng gamit ko. And just ike theb, I used different email adds din lalo na at gusto natin isecure ang crypto funds natin.
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There have been rumours that Ethereum 2.0 will be the next eth. I think, the original eth can not beat and can not be replaced. Some altcoins have better characteristics than ethereum but the platform and the objective of this coin such as contracts with also fast transactions and low fees are still an advantage for it. It also supports erc20 tokens which other altcoins dont have that kind of protocol.
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New altcoins are less getting attention nowadays. Investors are choosing wisely with those of old altcoins, has a good reputation already and those altcoins that has a good feedback. But I dont wanna judge those new altcoins that are coming out nowadays, what I certainly look for those new coins are their product and platforms. It is not hard to identify if that new coin will make a good reputation in the future or not.
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With thousands of altcoins available in the market, only few is worth to buy and to invest. Thus making them hard to choose which of them is the right coin to be hold. Bitcoin is the first choice of most of the crypto investors. It has a good reputation and has a good returns with established image. If a newbie were to ask about crypto coins, majority of them will only tell bitcoin. Because when it comes to the popularity, bitcoin is leading compare with altcoins.
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Let's be realistic. SATOSHI NAKAMOTO remains himself/themselves to be anonymous. I believe there is a good reason behind why he wanted to stayed as a secret identity. TRUSTING SOMEONE TO BE SATOSHI COULD MEAN THE END OF BTC AS WE KNOW IT. If someone ever proves to be the real Satoshi with real evidence, it could prove to be a big danger for Bitcoin's future. But what if the REAL Satoshi came up and claimed that he is the real one? Providing all the evidences? Can't we still trust him? If ever one day he comes out, it is for the better progress of this blockchain technology he created.
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Since there are a lof of people around the world who are getting more and more interested about bitcoin and other crypto coins, it is not surprising at all that Bitcoin is the most top coin searched in google. Those who are famous coins and most trusted to invest. But we can't also deny the fact that other altcoins like eos, xmr are left behind.
On the other hand, I still believe that even coins that are not most search in google has still have a better advantage and potential over others.
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Seems you were bagholded the wrong altcoins. There are good altcoins that worth to hold, worth to wait for the right time to sell and have indeed a good platforms and products. I have few altcoins in my wallet, one of them is ethereum. And I don't even regret bagholding that one. Yes, bitcoin is worth to invest but do not forget that there is still good altcoins to be hold too.
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I have never experienced that before. May I know what type of coin did you used to send? There are times transaction time takes long but will not took many days though. And, have you checked the address you have entered, as you know there are different malwares out there that automatically change the address to where you will send it. Also, you can check the blockchain to see the progress or status of your transaction. Here is a guide on how to do it. https://support.blockchain.com/hc/en-us/articles/211160663-How-can-I-look-up-a-transaction-on-the-blockchain-
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HODL if you can , but if you can't then keep checking the price of the market every now and then .
I appreciate your reminder, OP. This is certainly what I am doing. HOLDING. And I have been holding for quite some time now. Bitcoin touched $10k last few weeks but I'd rather hold. Whatever they may predict it, holding is a good option. Market is surely hard to predict. After all, I am not in a rush to sell my bitcoin.
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There is a saying; If there's a smoke, there's a fire.If these rumours are true, the CEO should explain and answered all the alleged accusations. Such exchange name were dragged down reputation if this is true. On the other hand, I have found out there has been an old issue about Coinsquare exchange doing such faking volumes before. - Fake Volume Coinsquare feedback
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Well, I lose much but I keep on standing. Not everyday we will be at loss, I am still recovering from my deficit. But I am still being optimistic. If others are successful in crypto space, then why can't we, right?
Determining what are the wrong steps we have done is significant to correct it in the future. If we aren't success today, giving up is not an option. Trials are just a tool to make us stronger, buddy.
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