Trading is painful in my experience.
Prepare for your trading adventure. - Accept loss before you can make profit - If you get profit temporarily, make sure you take it by closing your position and withdrawing it out of your account. Profit is profit only if you take it. Profit in your account is not profit actually because you will possibly use it for another position soon. - Don't use all capital you have for trading, you will lose it all very easily with your first few months in trading. It will vanish so fast in bear market and with margin calls
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they have more than 1 bilion in assets on their treasure and in the future AXS holders will govern the decisions on what to do with it. Long read but worth to check
After receiving huge investment capital from a16z, Axie Infinity has lot of money to use. So far, they have yet used much of capital they raised successfully. Their project has achieved big milestones and changed the gaming industry a lot. They are like a role model for later GameFi projects but I see Axie won't stop in GameFi. Metaverse is where they will head towards. They have a big advantage than other GameFi or Metaverse projects because they have successfully (again) built their own chain, Ronin. It helps them to reduce transaction fees and fee burden on gamers. It helps them to attract gamers into Axie and helps them to maintain price of AXS, SLP somewhat. Even they have so many support mechanisms for price, they have to stop PlayToEarn reward that is harmful for their token price. Axie Infinity has passed the limit and now they are naturally shilled on many social media channels even their project does not need to proactively do marketing.
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I am very confident in this project. it has a number of features that differentiate it from many alt coins we have seen in recent years. I also share the thought expressed a few posts before: we need one or more (new) exchanges capable of managing a high trading volume / attracting new users and new investments.
Today, Hobit has a maintenance again. I noticed it when I checked Bitgesell on Coinmarketcap and saw very low trading volume that is less than $50. So I checked Hotbit and see the maintenance announcement that shows that it will last for 10 hours. I am not sure why the maintenance goes so long like that. 10 hours for a maintenance. I hope Hotbit does not get anything bad with security or hack. They recovered well after the hack months ago. Let's wait a few more hours to see is it a really maintenance.
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Avalanche is a good coin to choose for long-term portfolio. It has a good blockchain technically so it has a good future to grow.
With altcoins, choosing good ones technically then filtering them more to pick a few ones with good in both technical and ecosystem aspects. Next you can hold them and wait for their growth.
Don't arbitrarily listen to and follow advice of any altcoin experts to pick shit coins and hold them. Holding shitcoins will mostly end with pain, seriously.
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Wow, and a good day for Bitgesell, trading is very active on hotbit and the price of the coin today shows an increase of +42%, reaching 142 satoshi market cap came close to $1 million, of course I would like to see a capitalization of at least $10 million. After many months of silence and down, Bitgesell wakes up and it has maintained the rally for days. Together with halving, new website and updated information are helpful to attract new investors to the project. With this rally, I think Bitgesell will try to touch its all time high last year.
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Especially experienced GOLD token users are wondering this same because we all see how easily meme coins and other shit tokens switch chains and becomes multichain solution very easily, so no wonder we all are surprised it takes so long.
For shit meme tokens, you can check with Multichain.org. I don't recommend people to leave Gold and choose shit meme tokens. But you can be right that this can be security reasons, we also can't forget that we have new contract implemented not so long ago, so maybe team want to test it out bit more before they decide to change or add something after the hack, we need time to check how bulletproof new contract is.
Just probably. I guess it is one of reasons because concern on security makes sense. In addition, transaction fee can have its role to keep people staying longer with their position. Personally I hold Gold tokens long enough because it does not make sense for me to swap it on marketplace monthly. I hold it for months to save transaction fee and also it gives me more profit because of gold growth latest months.
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Nice to see update for logo, branding and website. I checked the Twitter with link from your website. Your Twitter account is inactive since August last year 2021. I think the Bitgesell team should more actively use Twitter because in cryptocurrency, people are more favorite to use Twitter to spread updates, and get news.
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I understand that there can be and are very important reasons to not implement new pair or to wait for ETH 2.0. I fully trust the team and am sure that they do all what's best for the Digital Gold project, they have proven this already many times and now will be the same.
It's probably because of security concerns. We know Bitcoin has the strongest, healthiest, most secured network among thousands of cryptocurrency networks. Ethereum is the second one, only behind Bitcoin. Other blockchain networks can not come closely to either Ethereum or Bitcoin. More details from https://howmanyconfs.com/I know I can not say anything on behalf of Gold team and I even don't actually know real reasons of the team. Like you, I supported Gold team and their project since years ago and fully believe in them.
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Private key is access to your Bitcoin. So make sure you do have back up for private key of your wallet. Depends on wallet you use, it can be either private key or mnemonic seed. You must back it up and have a few backups for recovery later.
Recovery can be done by you or your family members (in case you pass away unfortunately). Of course if you prepare for sudden accidents and have clear idea on who will inherit your Bitcoin, you should let them know about what they should do in case you die.
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This conflict just started, Russia counted to make it fast but it won't happen and now slowly all limitations against Russia will be hard to maintain for normal people, already many are trapped abroad with no money and possibility to get it, only way for Russians sometimes to send, receive money will be to use crypto or gold any other way of exchange
Russia and Ukraine war is suck but the person who is in charge of the war initially is Putin. Only him, no one more. I know their are supporters and protesters for Putin everywhere, in any nation but I do believe that there are more protesters than supporters. I do hope that this war will end soon by one way or another. Firstly, Ukrainians need to get peaceful life and secondly I hope that Putin will be out of his palace and his power sooner or later.
Gold is on its way to grow in my opinion (as I thought months ago) and this war is only a reason comes in time to boost it rising. However, it is not main reason under the gold growth. After accumulation and because of inflation, gold has to increase in value.
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Bitcoin becomes a favorite asset for people when the more of them realize how fast fiat currencies lose their purchasing power because of over printing from governments.
It does not come from the pandemic only. I do know the pandemic makes inflation worse globally but it is not a main reason for it. The pandemic fortunately reveals the truth about governments, central banks and fiat currencies that do bring more proofs for people to realize value of Bitcoin.
The war in Ukraine is another tip of iceberg and not the main reason why Bitcoin has become more popular and more widely accepted globally.
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Last week we have seen some correction on gold price but I am convinced it will continue to go up as it has in the last 20 years. I keep accumulating more GOLD tokens and every time I add some am fully overwhelmed how easy it is to buy, sell, manager GOLD tokens using Digital Gold Marketplace or exchanges.
In 2020 perhaps (if I recall correctly), I said my opinion that Gold will have a few years of growth as fractal of its history. I spent few minutes to find it. Anyone hold their gold bars or gold tokens after that up to now, would have earned good profit for their holding and patience. With the inflation after the pandemic and the uncertainty of the Europe as well as the world after the war between Russia and Ukraine, it gives more opportunities for gold. More exactly, it is not a war between Ukraine and Rusisa but the invasion of Russia. As I said months ago when gold did not began its ride or in early weeks of its ride. Gold when takes off, it often has a 4 year ride. How many year physical gold has in this ride so far? Keep calm and try to prepare your HODLpium for upcoming months. You can consider it as my indirect gold price prediction. Cheers, all fans of physical gold and digital GOLD token.
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Mots of people are more keen on FOMO, Fear of Missing Out, not JOMO.
JOMO is more favorite by people who already understand and experience loses from FOMO. Only very smart and flexible, adaptive people can change from FOMO to JOMO after one or a few minor loses. Most of them only are able to change after they get enough serious loses but it is not too late for people who can change themselves from approaches for losers to ones for winners.
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Well, for example, here is a clear example of using a BGL coin by purchasing which you will be able to post materials on the platform https://blog0x.com this is quite similar to the Odysee from the LBRY community, only so far with a much smaller number of users. I know this one but I mean Bitgesell team can expand usability of the coin to more ones. Not only on Blog0x.com but others that together will contribute to make the coin more interesting and have some support from community members of those platforms. If they see good discounts by using BGL for payment, they will have to go to exchanges and buy BGL. It is how they will support the coin on the market.
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It's no surprise that 'Play2Earn' games are doing well, the crypto space has become normalised and people are looking for ways to build their crypto portfolio for the future.
They are unsustainable. You mean about Metaverse more accurately, not P2E games that can be very small parts of Metaverse. A big GameFi project like Axie Infinity already decided to stop rewards for gamers in P2E mode that means a lot. Their growth hits a cap at least temporarily so that they can not attract new capital flow into Axie Infinity game ecosystem which can not help to maintain or lift the price up. The stop of reward distribution in P2E mode helps Axie Infinity finds a better support in terms of token value. Meanwhile, it's good before a day for new outstanding product release that can lift price up.
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yes, you are right, it is interesting to see the evolution of the price as a function of the halving. compared to bitcoin, bitgesell immediately showed an upward response in the price ... will this trend be maintained again this time? meanwhile... HODL! Do you mean this growth is only because of Bitgesell halving and no other reasons such as development, marketing, product releases? To grow, Bitgesell will need to work with other projects in order to bring the coin to those platforms, with more use cases. More usability, the value of Bitgesell might increase because investors will look at usability and see a future they can use Bitgesell to buy items, use other services. Like Dogecoin, no development but price is solid.
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Bear market made gold transfers feasible again Thanks God and bear market. After a few months, I can convert my $GOLD into BTC and fortunately in low price of BTC. After the conversion, I can hold my BTC for a few months to get profit. It's painful because when the market is positive and bullish again, Ethereum network will have more expensive transaction fee again.
By the way, let's enjoy the strong growth of gold price. Again, patience gives us profit because gold has many months stucked but then it finally broke out and grown up.
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Will Bitcoin has a massive capitulation? I know it has been moving into its bottom range for this correction. I also know the fear and greed index supports the idea to buying the dips, doing DCA but how about a final capitulation? According to the chart as well as history, capitulation is very necessary to end bear market, correction after which Bitcoin will have very strong rally and even growth to new all time high.
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You can use them for investment perspective but not for trading perspective. Because these indicators are late to reflect market movements so if you depend on them for your decisions, you will make your decisions too late than what the market moves.
When you buy, price already goes up a lot. When you sell or cut loss, price already goes down too much.
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