I mean yeah the news is not that great and really has a negative effect on the market price of bitcoin bringing it down to 50k$ but I don't think that could kill bitcoin at all. yeah for sure, we did see bitcoin reach up to 40k$ without the help of Tesla, because we did past the 50k$ because of the Tesla announcement of accepting bitcoin as a payment method when buying a Tesla car. I don't know if the tweet or the reason is acceptable for some of the investors but it's not that bad that this happened but its just gonna delay the growth of bitcoin or passing the 100k$. |
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some traders and investors find it hard to take profit even after making good profit on investment. this can be as a result of aiming to sell at a desired price that is higher or hoping to hold the tokens for more longer time. its not everyone that can do this patiently and some usually regret their actions. the secret is to make decision and stand by it and also be satisfied by little profits , take out your investments and some little profits and then leave the rest for long term.
kindly share your ideas that might be helpful to solving this issue.
That's actually true most of the time aiming for a much higher price in the market or being too greedy could be a bad move and could result in a long wait. Let's face it it's difficult to hold tokens in the market especially in altcoins because we don't know if it's gonna be worth waiting or holding that coin, in Top cryptocurrency maybe we could have a bit of assurance but in other altcoins, it is always a big risk. So the best strategy here that I learn in my experience is it is not actually that bad to take profit when the market price is pumping because most the other investors would recommend selling at x10 or holding for years especially if you do daily trading and you're always into the market looking for an opportunity. It actually depends on your strategy because some investors are working or have their job so they don't have time looking in the market or news just to know everything about the market. |
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hello guys
I have a question :
What methods are there for take profit ?
in my opinion this method is good :
1. buy ipo/ico
2. buy coins and token before token burning
3. buy top volume coins
4. buy bitcoin befor halving
whats your opinion ?
have you good idea ?
please help me
best regards
Buying in ICO is kinda risky especially in some sus project out there but it's worth it if your lucky to get into a great project the profit is kinda good actually. Buying coin and tokens before burn? I don't think so. Buying top volume coin? maybe low market price coin could actually give you a much higher profit than the coin that coin higher and needed a high investment. It's a kinda simple, investment in a potential token in the market and then take profit every time the market is pumping and then hold when the price is dump or low. |
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It is obvious that world billionaires are indicating interest into bitcoin of late ,for instance Elon Musk twitted that you can now purchase his Tesla cars with bitcoin, is he trying to hod bitcoins so it will be scarce then he control and dictate the price of the market or is it for the good of bitcoin that we have been expecting ,what do you think
I mean yeah you could probably manipulate the market if you could buy a big percentage of bitcoin like for example up to 40% of all of the bitcoin, I mean if you can but not totally a full control of it. At the position of bitcoin, these days a lot of whales are holding bitcoin unless all of the whales are gonna do the same they could surely manipulate the market but manipulate by 1 company or people would just cost or would be too much. When it comes to bitcoin technology I've read some that there are high reward or bounty on hacking the bitcoin technology but still until now it is still unhackable, I mean we surely expect a lot of people and companies are trying. |
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1. 108 addresses (whales) own 67.34% of all Dogecoins so price could drop 50% in a minute.
2. This coin has no limited cap. It goes on forever like fiat. We all hate fiat for that.
3. Despite what Elon Musk says this coin has no real utility. Even if a company paid with Doge for Musk to send a satellite (because Musk asked them to use Dogecoin) it still doesn't mean a thing. They could have used carrots or Zimbabwe dollars instead.
4. This coin is all about hype. Once the hype is over down it goes. Even if Musk will boost his toy as long as he wants one day he may get bored like all billionaires do.
5. This coin is a meme. A really good one that I've enjoyed myself! We all like good jokes but we also get tired of them sooner or later. A joke is a joke and the joke could be on you.
6. Imagine a real corporation/business putting their investments in Dogecoin. You have to be a little insane and there aren't so many dumb people out there as Elon thinks.
7. Elon Musk is a narcissist - he admitted this himself - if you don't know what dealing with a narc is I invite to find out. You're only boosting his ego and I wouldn't dare playing with a narc's toy.
8. Do you think billionaires have any interest for poor people to become rich? Do you? Dream on. You're only making Musk and the whales richer than they already are.
9. This coin is highly manipulated. If you like manipulation go for it. But manipulation doesn't end well in life. Don't be a sheep, use your own mind, don't follow the crowd. Where many follow it's not good in general.
10. Even if it will ever reach $1 this coin is not sustainable in the long run. Musk will have to pump every few days with his tweets. When this coin will worth $1, BTC will easily worth $100K or more. Dogecoin has always been pump and dump, look at the coin's history and look at BTC.
There are a lot of other alt coins much safer and with a better image which can make you rich faster and easier than Dogecoin. You just have to use your mind. Doubling from 50 cents to $1 is not a spectacular gain after all.
When Dogecoin drops like crazy don't come here to cry, you've been warned.
Good luck folks!
That is true and that's really the thing here but still, we cannot ignore the DOGE coin since when we see how the market work I think some traders could work it out. For me, you could still make an easy trade and maybe gamble a little bit with it, because I mean that's an easy profit maybe just a 100$, The community is surely big and a lot of them for sure believed in DOGE, we can surely notice the price can sustain at a certain level. But for sure it's not a good investment especially when it comes to long-term investment and it's not really a good investment if your gonna invest a big percentage because it's kinda risky because of these reasons. |
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I have been investing in cryptos for some years now and i always have to fight a battle with myself whenever i sell some of my cryptos or close my positions in a trade and the price continues to go higher.
Sometimes i regret selling, while sometimes i just try not to look at the particular crypto anymore to avoid having regrets.
Do you also encounter this? And how do you deal with it?
I mean as long as you make a good profit in your sale it wouldn't really that stressful when the price is still pumping since you already made a good profit, not really mad I guess it just kinda stressful not making the best move in your investment and a little frustrating. The best move that you can do here is selling just a small percentage every time the market price is pumping, with that strategy could make a profit at the same time you could still make more when the price continues to pump and you could also hold when the price Is dipping. It's kinda impossible to sell at the peak of the market and only a small percentage could take profit and your lucky if you did predict and sell at the peak of the market. |
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i am wondering if Bitcoin will fall again like it happened in 2018 after the Bull run ! even in this time the price raised too much faster in shorter time. last two days Bitcoin price felt 10000 $ i know that some news affect the market, but should we sell now in this panic ! or should we hold  i am a little bit confused It is expected to happen for sure because the market can just continue to pump at some point we are going to have a very big deep into it, especially because we've come from a long way from 20k$ ATH last time and then it just skyrocket at this 60k$ market price. So there are so many newcomers now in bitcoin that are not used to seeing their investment go down in a big percentage, so having a big drop into bitcoin would definitely cause a panic sell for newbies. And then everything will follow and fall apart. But at this time I don't think bitcoin is gonna drop to 3k$ I think it's impossible for bitcoin to drop at that price, so I guess around 20k$ was the lowest it could go. But the good thing here is after this drop bitcoin is gonna come back stronger and will reach x3 its current market cap or even more. |
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I'm now all in BTC and haven't sold a bit since 2013. I have a few Litecoins left somewhere but too few to mention.
I know putting all eggs in one basket is not very wise but I don't feel like investing in anything else right now. Is this a risky move? Maybe yes, maybe not.
I plan HODLing more, might sell a small percentage around November when odds say BTC might boost like crazy.
What's your plan?
I mean if that's your take in bitcoin and you really believe in what bitcoin could do in the future nothing is wrong with that and I think it a great move since bitcoin is a great investment after all. For me, I want to make the higher profit possible so I don't have bitcoin in my portfolio I just go with a higher ETH because I could make more profit in ETH than bitcoin. Also, tons of potential low cap altcoins investment and most of it as NFT tokens because I think I love playing games and I believe this could be the big thing in the future. |
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I'm just wondering whether BTC has hit it's peak for this cycle. It's been trading sidesways 55k-60k for the last 2 months
while altcoins have rallied. From historical perspective, for those were in it in 2017, did bitcoin ever regain it's dominance after
altcoin season began. I guess what i'm asking is whether I should liquidate my bitcoin position and chase altcoins or whether
there is more room for BTC to go this year.
That is why most people are diversifying their portfolio because there are obviously times where the market price of bitcoin is just sustained at a certain market price. Having an investment into different altcoins that has different purpose is a good thing, there are some predictions that this could be the last bitcoin rally because at some point we could be entering the bear market. History will repeat and investors are expecting the big drop for sure, so don't forget to take profit every time the altcoin you have is pumping so that you will have a stablecoin that you could used when the bear market comes. |
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Yeah, I guess that is why a lot of altcoins or cryptocurrency has a different problem to solve in the society, and it will be a direct competitor to each altcoin if they have same target or market.
I mean we don't really need many cryptocurrencies it could be the only bitcoin at some point and we don't need any other altcoins since they are just an alternative but it did exist.
But I think one of the points here is the community because that is the one who brings this project to life, I mean just look at DOGE as a meme coin we should not expect anything but at this point, we cant really ignore it now and it's irresponsible not to have some in your portfolio.
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When will this madness end? Who is willing to pay such amounts for a transaction?  In past weeks I think the fees are great around 10-50$ in every transaction and I think that is reasonable and would not rip someone's pocket in every transaction. I think there was high traffic in the network plus the market price is so high so could expect high transactions when the cryptocurrency is on hype because of the traffic. But this transaction was going made going up to 200$ transactions fees when I tried to make a transaction, and that is almost the amount that I'm gonna transfer so it's x2 of the amount your gonna send. |
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Is it really? I mean it could make sense at some point, is it really Yahoo? because I don't think it will have many benefits to the company spreading this kind of news and there was a writer. Or it could be a interesting news so people could visit there website because of this kind of news, they might have a connection with the other altcoins project that is why it is promoted. But it's kinda true there are a lot of altcoins out there that have a lot of potentials and could be the next big thing and everyone have a different opinion about bitcoin. |
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Could be true bitcoin is recognized by a lot of giant companies and it's not surprising that this will happened in the future, banks are already losing from cryptocurrency. It wouldn't make sense to put your money in the bank at this time since putting or investing your money in cryptocurrency would make a lot of sense than putting it in the bank so it's not really surprising. Obviously, they need to make a way out of it, and adopting cryptocurrency in the banks is one of the ways to get customers since practically banks are already useless. |
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Ok so there are people who say that crypto is decentralized and cannot be controlled by the government. How can this be true when the government can shut down the companies or networks where you are able to buy, sell, or send crypto? What do you guys think? Do you all think that crypto is truly decentralized and cannot be controlled by the government or can they? Maybe not directly but indirectly controlled?
The government can't do anything on cryptocurrency, I mean yeah maybe they can do something but they cannot fully control cryptocurrency or bitcoin at some point. The government can maybe ban bitcoin in a country but it doesn't really make it effective because they cannot block everything, I mean if you're in North Korea probably you could do that but it's gonna violates everything. It's like stopping the internet which is impossible, people make a lot of ways to still buy and invest in crypto, and the government cannot stop that if people wanted to. I think a part of it can be controlled or can be manipulated at some point if you have a big money but having full control of it is impossible because there are so many factors affecting it. |
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PANCAKESWAP is a fairly new crypto exchange. Many new cryptocurrencies are introduced there everyday.
Are you any scam coins on this site? Anybody faced any scam coins there before?
I don't know if it is just easy to create this contract in the BSC Network but there are so many of this scam address which is created most of the time when there is a hype project and a lot of people are just waiting to get in finding the contract address. They will also spam this address in the telegram or discord of that project to scam someone uses this contract. I guess it's kinda normal so everyone just needs to be careful with this and make sure to invest in the right address and at the same time do every research before investing. Just don't take anything from strangers, just make sure it came from the right sources before jumping right into it. |
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having a conversation with a friend today , he was asking me if he should sell or hold a coin. i didnt give a straight answer, i just told him the project is a good one that can do well but if you are willing to wait then you can hold but if you need some money then you can sell off. he then replied that he will wait for an additional 25% increase before he would sell off. i think i tried my best to let him make his final decision himself. is there any better way to do this? if it were you, how would you respond to this. ??
Let's see the reality here its really difficult to hold especially if your trading on a daily basis you could easily see your investment going down, when your just a newbie most of the time you end up selling because your just not used to seeing your money going down in a higher percentage. It's a real stress in the bear market, most of the new investors this day are not used to seeing this kind of loss because they started in a bull market which most of the time your investment are just increasing. I think the best strategy that you could do here that something that I do is selling a small percentage every time your investment pump, because by doing that your getting sure profit and lowering the risk of your investment and when the bear market comes you have the stable coin that you could cash out and you don't need to wait for another bull run. |
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I always wonder why a lot of people fomo to buy a coin or token after the price has pumped. In this present bull run I've seen a lot of people FOMO and buy cryptos at a really high price and they quickly dump when they witness drawdowns.
Isn't that just hustling backwards?? Its almost like they are trying to loose money on purpose.
So i wonder why they FOMO to buy in the first place
We all know how difficult it is to resist this FOMO when everything lines up for this opportunity and you really think that it is the one investment that's gonna blow up and makes you a billionaire. It's hard to resist especially if you get blinded by the dollar sign, sometimes even if you already have a lot of experience you make a big mistake of investing in a project and thinking that it is a game-changer, I'm guilty of this one and I just really wanted to invest. I guess it is part of our greedy that is normal in our nature, most of the time it's difficult to be disciplined and checking everything before putting some money on it, Or maybe we're just use to getting in because of the hype thing in a project. |
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There isn’t anything on the space, nothing, except scam, have you given up or do you still cope and looking for airdrop?
Airdrop participated: 20
Airdrop received to this day: 0
Yes, you heard me, nothing at all, not even one airdrop, that’s how red pilled the space.
There is still a lot of legitimate airdrops in the cryptocurrency communities and different platforms and you could always get into that when you feel like it and some of it is free. The problem in an airdrop is you just don't know when it will come or drop so most of the time people just miss it, also there is some airdrop that has a lot of requirement or task, there are also some that need some staking in order to join the airdrop as well. Most of the airdrops these days are scams, but there are still legitimate airdrops but they not free these days since you need to finish a task but they pay out a good amount most of the time. |
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Since BTC and crypto everyone wants to get rich and earn a lot of $. Everywhere you look it's the same story, be it BTC or any other shitcoin. It's obvious not everyone will make it.
Yeah, getting rich is nice and I also hope it will happen for myself but I feel the society is becoming way too materialistic. Also the greediness level seems very high, everyone want to get more and more.
What's your view on this?
I mean we all wanted to get reach at the end of the day and get that profit in our investment, but I guess greed is normal and we all get greedy sometimes but it just a matter of discipline as well. We can really get satisfied as we gain something we just wanted more and more of it, most of the time being greedy would just end up getting wrecked most of the time in the market. Investing in cryptocurrency or even in the stock market, you should not let your emotion overwhelm you or your greed because most of the time we all get blinded of this dollars sign thinking that one project for example will make us rich, then investing everything you have and end up getting wrecked, if you have discipline you need to think of everything in a project and consider a lot of things before investing a considerable amount of money, but we disregard everything most of the time. It works in some people but if not you just end up losing everything. |
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As a form of investment, many are buying cryptocurrency in smaller quantities and saving for their kids in the future. With the continuous rising and falling of the currency and the volatility of the market, how do we know the coins to buy and save for future use or is it a waste of money.
Need your thoughts on this tho'...
I mean there is always a risk investing in cryptocurrency and there were so many things that affect the market price of bitcoin so you cant always expect to earn a profit all the time. That answer here is there was no guarantee so true it could just be a waste of money at the end of the day, even investing in bitcoin which is the top currency doesn't completely guarantee that you are going to get profits. If war happened this cryptocurrency stuff could just crash and we all lose our money, but understanding how bitcoin works you can have some assurance that in the future it will have some value. |
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