I heard of Bitcoin many years ago from now but not the first times of it. After hearing about it, I didn't jump right onto it for making an investment immediately. Because I barely knew about cryptocurrencies in the end. After some time (a time period between 1-2 years), I started making a little investment into it as I learned about the market much more.
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This is absolutely a market manipulation of course. We've seen how much the market was affected by Tesla's buying a lot of BTCs. Bitcoin price just literally went to the moon after it. But I don't think that Tesla will be charged for it. It is the nature of this market in the end, it's easily manipulable.
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I don't know whether there is another goal. But I think the main goal is helping it reach one dollar the least. And it looks like Elon Musk won't stop until it's achieved. I can't even imagine another main goal behind this support. Because this shitcoin was invented just for fun in the end.
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I like USDT and BUSD both actually and I think they are both the most trustworthy stablecoins. And I keep money in them both. I trust BUSD a little more than USDT though. Binance exchange is a big factor about my thinking.
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Although their grammar is really bad, they still somehow manage to swindle some people. People should be really careful about these scammers. Their number is increasing as time goes on. Maybe it's not easy sometimes to distinguish who is a fraud and who isn't. But they shouldn't trust everyone, especially people who are not known commonly.
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It must be really devastating to witness them having what they want and you can't of course. But there is nothing to do in such situations really. This is a really risky market, you know. Not everyone can make a great deal of profit and get rich. You should have been aware of that before you started.
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Based on what I noticed this bull run, the majority of the coins that have a good pump this season are those that are listed in Binance, so I come to the conclusion that we should only invest in coins that are listed in this exchange for us to have a chance to maximize our profit.
What's your take on this, am I right or wrong?
Share your opinion.
Actually, you are really right about it. It is not very common to see a coin coming down highly just after being listed in Binance exchange. They usually increase at a really good rate for some time. But after that, it really depends on the project quality. If it's not promising, then it's very likely to see the price literally being destroyed.
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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.
Yeah and people actually shouldn't be too greedy. If they set a goal to reach, they should take the profit after seeing the price there. Because after that level, things may not go on good for them and they could even go back to where they started.
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HODLers must be very happy about this soar in the BNB price. It is very likely for us to see the price reaching at least 700 dollars soon I think. And I still expect BNB to reach a price over $1k in this year.
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Technically, he hasn't sold his Bitcoin, it was Tesla's. And I don't see any abnormality about it as it was just an investment in the end and they've made a really great deal of profit so far. But I'm not content about that the market can be manipulated too easily by these news.
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All I see in that chart is that the situation is not the same for every month. In some of them, things seem really bad but it is the opposite in the months left. So I think that it could be really just a coincidence.
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What is the worst piece of advice you've received since you first began dealing with crypto? Mine was to take pictures of my wallet seeds with my phone so I don’t lose them.
It's the same here. It is not even safe so how can someone give such an advice?. I really don't understand. One should keep their sensitive information for a wallet in the safest place possible to prevent it from being stolen.
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We can't know exactly when it is safe to invest into BNB. But for the ones who are planning to HODL their BNB, I believe it is still okay to buy. Because I think we will see the price reaching thousands of dollars in the future.
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BNB to reach $1k this year is very probable I think. It is in a bull market still and very close reach a new ATH. Some people say that BNB is the next Ethereum. But I don't think there is such goal for BNB in the future. But I think it has a really bright future.
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I don't think that it is related to Dogecoin supporters in any way. We always see that people starting to talk about Bitcoin badly when the price drops down so much. And the opposite happens when Bitcoin is in the bull market. So it is seen as a normal thing already.
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It is said that Facebook has been holding Bitcoin for some time and they are getting ready for making an announcement about it. But still there is no news regarding it. I wonder if it was just a rumour.
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HODLing is always a "go-for-it" thing for me. I don't think that staking would be more profitable than HODLing in the long run. Because the projects for staking are not always good. You accumulate tokens of a project but if it turns out to be a worthless one, then all of the staking thing will be in vain.
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This "madness" is at a far better level now. It is 54 Gwei the lowest now and 60 Gwei the highest. But it changes every day of course. We even saw 35 Gwei in the previous days. I hope it can be fixed at a level someday that will make the investors and the miners both happy.
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Firstly, you should know that majority of the altcoins in the market are just shitcoins and they will most probably be gone at some point. Of course there is no guarantee for the other altcoins to maintain themselves in the market forever. But they are way more credible when it comes to making an investment. And my advices are BNB and ETH for now. They could reach really huge levels compared to their current levels.
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This news made me become really excited. But if Facebook has been holding Bitcoin for some time, then I wonder why they haven't announced it yet. Because they should already have known that even an announcement by a big company causes the price to increase a lot.
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