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Bitcoin has dropped, even reached $17k in June, of course this makes the crypto market very volatile,
especially altcoins, and $30k is the hardest resistance in my opinion, but I still believe bitcoin can reach $32k again
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Hodl is indeed very interesting, because if we look at many altcoins that already have an ROI of more than 100%,
such as Ethereum, Shiba, Doge and others, that's why Hodl is very interesting to do,
but I think the risk is also very big, think twice if want to do long term hold.
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2022 is really very good to buy cryptocurrencies, especially altcoins, the altcoin index numbers shows the altcoin season ,
of course this is very good to start the bullishness, because indeed the average altcoin price has fallen too deep,
some evenhave -95 %, this is why the altcoin season could come in 2022.
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Shiba inu is one of the best memecoins, currently Shiba has gone up more than 20%,
and reportedly SHIB has good news that makes prices go up, yes the good news is that they are listed on a new exchange,
and added to Binance Card, of course this is a great development great for SHIB, and the future of SHIB is really very bright!
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DIP will be difficult to predict, especially in a bear market like now, many say $15k, some say $17k and some even say Bitcoin will dump to $10k,
to be honest I really don't believe it. I just believe Bitcoin is the future, and this bear market Bitcoin can indeed dump and pump again,
so make sure we have a good strategy to deal with situations like this.
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how can people trust fake tokens? this really confuses me, tokens have their own smart contracts,
and of course it can't be rigged, although not everyone is smart in this,
but is it possible that a seller who receives fake tokens doesn't know anything about cryptocurrencies? really very weird for me.
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In my own understanding I don't think so if Ethereum price can overtake Bitcoin price because we all know how far the lead of bitcoin price and also ETH price is depending on bitcoins price because when the price of bitcoin will rise then ETH will also rise and of fall or down then ETH price will down also .and also the price will based on proof of stake and proof of work. But over all these both coins are good for investing .
Bitcoin has miners, and Ethereum will switch to PoS, of course Miners will also switch, maybe they go mining Bitcoin or maybe other coins, this is the reason why Etherum will not be able to replace Bitcoin, because of the difference in algorithms and we know Ethereum was launched a long time ago, and until now Ethereum remains under Bitcoin, and that is what will happen next |
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Bitcoin 2022 hits low at $17k, how? I think $17k is indeed a bottom,
because this month there are a lot of altcoins that recover up to 100% more,
of course this can be a good signal that hopefully $17k is indeed the bottom of the bitcoin price, but I don't know,
if bitcoin can survive above $24k then this good, if not then bears are still dominating
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I have been away from the altcoin market since the beginning of the bear market, but at the moment I have some spear money to fill my altcoin bag and I am looking for the best coin in the market worthy of. my investment at this moment?
Am also looking for a coin that has a good use case and serves as a utility token to a project with a large community of supporters.
there are a lot of good coins, you can look for them on Binance and do an analysis, but here I will give you some suggestions, the altcoins that I think are good for you to buy are AlchemiPay, Iris Network, Badger, and Band Protocol. yes you can choose it, and of course analyze it first. |
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How can a newbie invest in good altcoins? I know about BTC and ETH but I think I can make more money from altcoins instead of BTC and ETH, I did my research and I have a few projects in mind but I don't know if they are worthy..
Avalanche, Mina protocol, Phala network and Aleph Zero to name a few
to get money in cryptocurrencies other than Bitcoin and Ethereum you really have to invest or trade, but if you want to get it for free of course you can follow Faucet or airdrop, you mentioned like Avax, phala Network you of course have to trade, but if you want Doge or maybe Dash you can play faucet |
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my expectations completely failed, because I expected that Bitcoin could reach $50k again in this Q3,
but in August Bitcoin price is still at $23k, especially with the bad news about hackers, wars and interest rates,
i think it's probably $50k will hard to touch again.
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Most especially new projects do you think its healthy to rush things up or take a lot of time and gradually release updates and follow roadmaps slowly? There are some complains that most projects aren't following the exact timing on their roadmap and some even takes this is Red Flag.
if the project does not match the roadmap I think it can be said that it is dangerous, because a fundamentally good project is a roadmap that goes well, but if not it will be a question, |
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from this incident we really know that software wallets are really very vulnerable to hacking,
it has been proven that many have been hit by hacker attacks, and SOL is one of the worst, even though Solana has an amazing ecosystem and team,
of course this is something bad for SOL, and one of the good things we have to do to avoid hackers in the future is to store it in a hardware wallet
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In my opinion, bitcoin is difficult to reach the price of $100k this year because the crypto market is still unstable and negative sentiment is still happening. Especially in the midst of the uncertainty of the world economy and the turbulent world stock market, the price of bitcoin fell very badly. Therefore, I estimate that by the end of this year the bitcoin price may only rise above $30k.
this year Bitcoin is still very weak, and still very volatile, because $19k support can still occur, therefore it is better to wait for a breakout of $25k if you want to enter, but my advice is to just accumulate at the current price, I'm sure $100k can be achieved in the future, 2024 or 2025 maybe |
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I don't really see it as a full time job because if you're new on futures, mostly you're gonna be depress and frustrated because most of your trades are losses. You can't expect a good return in futures, so it's not good to quit your job and be a full time futures trader, but if you don't have a job and decided to trade in futures full time, then you have to be patient and have a plenty of money in order to have plenty of experience that will be the key on making profits on it.
Future trading is not for full time . Future trading can be use for some time. Futures trading should be used only when the market situation is fully understood and a target can be estimated with certainty. but if someone take future trading as full time job then he will definitely lose his Money I think futures is only for experienced and skilled traders. Losing could be part of future trading but they already know how to deal with its risks. It's for those who know how to play with the market's volatility each day and see every market situation as a continuous opportunity and yes, it isn't for everyone. it's not easy to play in futures trading, I've done a lot of trades there and it really frustrates me, I lost more than $200 there, it's easy to earn $1 or $10 per day, but the risk you accept is also higher, yup , the risk is that you can lose your capital if you do something wrong |
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I think the meme coin trend in 2022 is over, in fact there are currently very many Play To Earn projects,
yes I think it's the same as Memecoin, without developers and without a team that clearly makes these new projects really risky,
don't easy to believe in a project like this.
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don't have to aim for a lot of altcoins to hold, because it will make you dizzy, just hold a few, maybe 3 coins are better, I recommend the 3 coins are Hedera, Zil and XYO, hopefully it can be your consideration, before that make sure you analyze first  |
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Regarding the coin type, I think web 3.0 and metaverse are still being talked about, but I'm still monitoring coins with the PlayToearn category
I also believe that Web 3.0 will become a trend in 2023, because we have entered a new era, metaverse, NFT, WEB 3 will already become public consumption, so don't waste this opportunity, altcoin prices are also still going down, buy it. and hold for the long term |
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