it's actually due to the influence of bitcoin on the market. there is no special effect on altcoin but bitcoin price movements affect market conditions which make the effect of movements of altcoin prices as well. there are some effects of the bitcoin movement, if bitcoin moves stably with the pump not too high and happens gradually it is a movement that allows altcoin to also participate in the pump that occurs. but if the increase that occurs in bitcoin is too high and very fast as it did in the middle of this year, the movement and trade between bitcoin and altcoin is not balanced. bitcoin demand will be higher and altcoin will decrease or move slowly not following the pump from bitcoin. |
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I think that traders would have had opportunity more than investors because of the number of fluctuations that we have seen since the inception, if the market was to continue growing the way it was in 2017.
I mean not seeing the market dump, I think that the investors would have made money far more than traders, but right now, trader has gotten lots of opportunities to buy at a dip price several times and then sell at a higher price when the price has pumped and sometimes, the market could dip so much that a trader will have the chance of buying so low and then at the same time be able to sell at a very higher price every time it recovers. I remember that there was a time the market fluctuated between $8k and $10k twice in a month giving me profit of $4k within a month per coin.
trading can indeed be done when the pump trend or trend like this, the most important they know how to determine which coins have the potential. the easy view is to buy at a low price and sell at a price that is quite profitable, but must understand the movement of the coin to do it in current market trends with a small pump that occurs several times on several assets, we use it in trading. of course to choose assets with high trading. not only see the growth in value that occurs but try to see whether trading also supports the coins that we will trade. because many are rising in value but trading in the market is still in a small volume. it will be difficult for a trade. or it could be just a market manipulation. |
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The current market is little grow so it will reach $ 21.3 on right know. So this is enough for you and four months before it was reach $ 38 on crypto market. All are waiting for the next bull run because everyone know the BNB potential so surely it will cross the $ 38 on future days. I hope next year we are all see some rapid growth of BNB. I think there will be small pumps going on at BNB. but still must be aware of the corrections that will inevitably occur. if you are good at trading, the BNB market situation in the next few days will be good for trading. because BNB will not be stable in the current market. |
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it would be more beneficial if we know the whales scenario, because the crypto world is a decentralized system, so manipulation seems to be a close friend of those who are strong. therefore don't be greedy for profit, so we can consistently get the benefits
how do we know that? you might be trapped in this scenario. the market is truly unpredictable now. some sentiments from the celebrities on the market also failed to make the pump. somehow we have to focus on what kind of analysis. |
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depending on the market situation.
if the trend is down I will trade on margin.
but if the trend up I will trade on the exchange.
can such a method bring profit? what are the main factors that can make trading as you do profitable? to be honest, I never did that, because in a market situation going down I only bought assets for investment and when the market started going up I was doing daily trading in exchange. |
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This is a thought that is not good and risky, because saving money in crypto has a risk we will be able to lose all of the money if for investment you want to buy property save in the bank because in crypto there will also be banks too, if you want to also invest in crypto select a good coin and safe like bitcoin and ethereum
It is wise not to put all our money in cryptocurrency , it is still best to have our savings and to have our own traditional business and to have investment such as stock market or to a real estate. It is still best to allot your money and spend it wisely, don't go all in crypto as it is too risky, been to that, gave all in and nothing in return, ended up nothing , so I learned my lessons now. but you can hear that some crazy people dare to sell their assets when they see the market go down and invest in bitcoin. several people in this forum shared their experiences. but either the truth or it is just nonsense. If that happens, there is also a possibility that their speculation with confidence in crypto is very high. because the risk of investing by selling our assets in the real world is certainly very unfortunate. |
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Tokens with 1000x increase potential have become fairy tales in my opinion, for now it is impossible to have projects its growth
reaches 1000x. As we know the current market conditions the average coin increase is very low, has not been added many projects
are scam. Making investors more careful about channeling funds, is different when in 2017 there are many once successful projects
whose price increases can reach 1000x. But for now we must be realistic, with increases 100x is very good.
the market is moving very slowly. not much can be expected to wait for such an increase. it could be 100X increase was just a trading manipulation by the market. some altcoin sometimes there is an increase of that size. but did not last long because indeed their trade was very low. separately being able to get coins like that would be very difficult. |
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Using different cryptocurrencies can and will make the market more alive than dull. There are cryptocurrencies that are created specifically for a task. The nature that I observed for btc is for transactions that are quick and anonymous. While other cryptocurrencies are for bigger or even daily transactions like buying specific stuff. This variety of coins is making the industry dynamic. If we're going to be stuck in one coin, I don't think there won't be much new things we would talk about.
for a trader, of course, they have the main coins like bitcoin or USDT they have for trading capital. especially for day traders, of course, they choose many assets to switch from one coin to another coin. and this is normal for traders to get better profits. because in trading we will not always profit in one asset or all assets that we trade. therefore trading with many assets will help us reduce losses. |
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Unfortunately, when the Bitcoin tide goes out, then the altcoin boats also follow it out to sea, why can't they just get stranded high up on the beach right?  But we all know almost everything in crypto relies on Bitcoin, and will continue to do so for at least 5 to 10 more years. Time for us to get on with the program! It's been the trend that when bitcoin dips other alts dips too. While some may still be in green it doesn't mean they shift to that coin, some that still in green might have developing update that were not able to join in the sea. When I sell BTC I just may convert it to fiat or park in other investment vehicles as I wait for the time to collect more again laters. but that trend in the crypto market has changed. many of the investors and traders now choose to sell their BTC for stable assets such as USDT. altcoin growth will be disrupted if bitcoin has a very high trading dominance. as happened this year, we can see how bitcoin makes pumps and altcoin not move much. now we are waiting for the growth of the market together with both bitcoin and altcoin. but that won't be easy, the market needs a big boost from new investors who increase demand. |
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they are developing. this project has already stopped to be just a joke and the team is doing some work in the direction of developing their business. Now this coin can be called good
Was it not good? I think the potential of the doge is already widely seen by investors and traders. indeed many underestimate it because of its very cheap value. but if you look at the development of the doge market it is already very large. even though it is like that, I am very difficult to analyze doge price movements. besides slow-moving, doge is also full of surprises that we cannot predict very easily. |
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most investors will naturally think like that. although there are cases where IEO on bittrex also fails. but the growth of IEO by large exchanges certainly gives investors certainty and confidence. although there are many other aspects, but I will still choose a large exchange for investment and trade, including investment in the IEO project.
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i used wrong grammar, that's why some people wont understand my point. im sorry
big pump BNB happened in may, but the pump was over. that's based on chart history
about altseason, i think it wouldnt happen in this year. it still needs time to come
the market suddenly dropped today. although it has stabilized but suddenly there is a decline. when many people predict things will improve with good news with updates in the next year it turns out this market is still declining. this also happened to BNB, although the decline was small and BNB trading seemed normal. there will still be an effect of the decline in bitcoin that is now happening. to reach $ 50 it seems BNB must see the potential for a rise in bitcoin like 2017. when the market situation is reached BNB may reach the target in question. |
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if you hold coins or tokens that have good value but no trading volume in the market yes it is the same as dead coins or junk coins. the key to coins or tokens that have a future is to have a trading volume in the market, there are buyers / sellers. at this time many people get tokens that have no trading volume on the market and that is only for decoration in wallet only.
Well, if you really think that the coins/tokens you are holding has a future, or legit and that the development is ongoing as you can see some proof sending in the community, then better to wait for some time, as most of the project listing in free free in some exchange for them to tell people that they are developing and will still list on other top exchange, so let's just wait for some time to make it happen. yes, not all coins or tokens that do not have a trading volume are dead coins. maybe development is not yet running or their market is not yet formed. it's very reasonable I guess because for new projects, of course, it takes time to strengthen their markets so they can make their trade grow. but it's different if the developer doesn't provide updates to the community. it will be bad and you can leave such a project. because waiting for the development of the project that the developer itself has not responded is an activity that will not produce any results. |
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IEOs are way more secured than ICO. ICOs today are just Moneygrab scheme. I don't waste my time on ICOs because they just can't afford to land it to decent Exchange. iEOs can be easily a successful crowdfunding because tokens are easily sold out. But not all IEOs are successful tho. It's because the Exchange they conducted IEO was not a huge Exchange at all. So always buy on reputable Exchanges like Binance or Kucoin.
safe from fraud? Are you sure? then what about the case of the IEO token that was registered in the exchange after IEO was finished and their developer disappeared? if it is felt to be safer, I think there will be many successful projects this year with their IEO sales. but in reality, you can see that not many are successful with IEO. some projects are successful, but not in large numbers. I do not follow much IEO or ICO. even now I don't do both and focus more on trading in the market. not only because of the many scams but not many new coins that can survive in the market now. even some there is no development after 1 year of the project running. indeed not all projects are like that, but you can see most existing projects like that. |
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I want to know the opinion of all crypto friends in this forum about Ethereum, because the price of Ethereum is currently unable to rise beyond the $ 300 figure. ethereum prices are only between $ 150 - $ 250. and this incident makes me wonder, why did this happen to Ethereum ??
I have observed this too but I think the price will rise again with time. We just have to be patient with it I guess words like the one you gave also existed 2 years ago. and for all those who are still here are patient and able to wait for ethereum for a long time. because of those who believe an increase will occur in ethereum someday, some people are holding back by holding their ethereum and some have turned to other assets to reduce losses from ethereum trading or investment that is declining. |
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The price of LTC is lower than its value, but by the end of this year $1000 has been a huge claim. Even BTC's reach of 20k will not help LTC. The current price is around $58 and the price should be increase almost 19x, even if it is LTC. It is likely that prices will rise until halving, but I think it will not be that much. This is not a newly created coin, this is the LTC with a daily volume of over 3 billion. I think, do not trust your source too much.
LTC can return its value if the developer makes updates to convince the community and find new investors for greater adoption. some people have already switched to other assets because they might be disappointed several times when the halving isn't working as expected. LTC increases and then falls back and it is difficult to get up. the effect of the market downturn is very large and it is difficult for LTC to rise if the market is not in good condition. |
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it's different again if you start the master node from the early days and you can earn a high profit
but for now running dash master node isn't profitable because of the ROI is high
for that reason, it seems like everyone will also think of holding bitcoin instead of running a DASH masternode. but if I would rather trade altcoin than hold bitcoin for a long time. because I have difficulty analyzing the market in the long run. especially I analyze their projects and roadmap plans. although it has been going well and there is a small increase but if the market has decreased it will adversely affect the price growth. |
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LTC is good, especially right now the price is great to fill your pockets with this coin. I believe that LTC, ETH and BCH would be the first three coins that would boom after the new beginning of a bulltrend, that is hopefully coming in the nearest future.
when the market enters an uptrend not only the 3 coins you mention will increase. even all altcoin can and have the same possibility to increase. but that depends on how the developer responds to incoming bulls. if the developer can maintain and increase the community and that request will be good. but if they are no longer trusted by the community or their community is weak it will be bad even though the bull pump is running. LTC might be good, but seeing things that don't go according to plan, I think some of the community of supporters also has less trust in developers. |
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It seems that now we have to start thinking about how to collect bitcoin and also some altcoin because I realize investing in digital currencies, especially in bitcoin and ethereum is a must for a better future.
There are a lot of ways you can earn if not want to use capital. I think until the time has come, do some signature campaign still worth to do because it not much take our time to do it. And i still confused about retrace that OP mention, means bitcoin back to cheap price or ATH. But what any thing that can happen to bitcoin, alt have big possibilities to dumped. when bitcoin has decreased, of course, altcoin will also follow it. that we have seen so far in such a market. because bitcoin has a big effect on altcoin trading. if you have enough capital to buy, I think buying and saving is the best and safe way for beginners to earn money. for the signature campaign now can not expect much. |
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I think all the IEO organizer exchanges need KYC. it's different like the ICO system that not all projects need KYC so we can participate in their sales. but the existence of KYC might be an alternative to the absence of a large number of token ownership by one investor. because there is usually a limit to the purchase of each ticket held in IEO sales. if you want to get more, you can join and sell the presale done by the project. the price is also cheaper.
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