If you had 4,000.00 USD to use to invest in cryptocurrency, and that was all the money you can afford to use for crypto investments for the year of 2021, where would you put it? I'm just curious to see what kind of opinions I would get in a forum like this. I'm hoping that I might learn something as a beginner in the crypto world as a result of putting this question out there.  Keep in mind thought that I already understand 3 things: 1. Never invest any amount of money that you can't afford to lose, because crypto markets are so volatile that it's a risk no matter what you do, and I get that. 2. I'm not asking you to tell me which crypto to invest in, just curious what your opinion is. 3. I understand that what I do with my money is my responsibility, and nobody else's, and the results of my investment(s) whether good or bad, is on me. To choose a cryptocurrency for investment, I would go to Coinmarketcap and look for cryptocurrencies there that have not yet exceeded their last peak in price. Of these, for example LTC and TRX. Why is it so? I believe that the top cryptocurrencies will definitely rise above their previous highs in 2017 in 2021. But I would also think about buying ETH because there is a possibility that it will show good growth both in principle and BTC by the end of 2021. |
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I hate that I cannot save money effectively because our government loves to inflate problems away at the expense of my savings... bitcoin and altcoins are our greatest hope in returning power back to working middle-class people.
your thoughts?
I also think so that there is a problem with money, namely, that money simply loses its value and it is not very profitable to save money now. I chose this strategy, I just make money and spend it on the necessary goods for life. I also spend part of the funds in cryptocurrency and keep BTC and some altconiv. It is difficult to say what exactly will happen next, but at the moment I believe that I have chosen the right strategy. |
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Nothing is perfect in the world and Bitcoin also has a number of problems that will probably not be solved. It may seem to you that with the development of the crypto market, these problems will go away, but they will probably remain since there is simply no ideal solution. On the other hand, we have previously used different payment systems and currencies and did not think about anonymity, which did not prevent us from working and earning. I think it will be the same with Bitcoin. Just use these opportunities with Bitcoin now, as things may just change in the future, and not necessarily in a good way.
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I hope ALT season now and can last a long time. Because the Bull market this year is supported by great companies and Big Funds investing in bitcoin, it's different from the Bull market in 2017 which contains retail preying on each other. And I really believe the market will come up with a great surprise.  AMO is my choise at the moment, He will give a big surprise because in South Korea bitcoin and cryptocurrency transactions are increasing and the daily transaction value exceeded the stock market. Target sell $ 0.1- $ 1 and let the market working 1-5 year. Do Your Own ResearchDisclaimer Always OnYPC " Yang Penting Cuan " Indeed, many altcoins are now showing excellent growth and this is likely to last throughout 2021. But you always need to be on the alert and follow the information, because we understand that constant growth cannot be and we will probably come to the moment when there will be a big correction. However, the fact that you have chosen your crypto asset after studying it is very good, as it will give you the opportunity to earn money. I also hold on to some of the altcoins and tokens in the hope that 2021 and the altseason will provide an opportunity to make good money. |
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Dear all
Now alt season started. Lot of coins specially 2018 ath coins now going for new ath. You can see xrp is moving like roket.
2018 how long alt season survived ?
I am currently holding aion coin. Its really blulish at the momement.
Experiemce tell me , when this alt season going to over may or june ?
Nobody can answer you 100%, since the crypto market is now unpredictable. But one thing is for sure that in 2021 most of the cryptocurrencies show positive growth dynamics and there is a high probability that this trend will continue until the end of this year. Personally, I now hold such cryptocurrencies as: BTC, ETH, TRX and LTC. It is also very important for me to wait for the maximum growth, but it will be difficult to do, because with every next growth I just want to sell my cryptocurrencies. |
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Hello guys,
When I see a Whale Alert on twitter, the replies following a given alert looks like going on the opposite direction of what I am interpreting on that alert.
For example, I see an alert like:
"🚨 500 BTC transferred from unknown wallet to Coinbase"
My interpretation of this, is that this whale is expecting the price to go up, so its moving a part of their BTC into an exchange to start trading leveraging that capital.
But, the comments I read on the style "game over" or "time to move to ETH" suggest the opposite.
How do you guys read the Whale Alert tweets?
Thanks!
As for me, this is a common manipulation and you are unlikely to be 100% able to determine what this or that message was for. As you correctly noted, very often such messages are accompanied by back comments, and this is probably also part of the manipulation. The task is not to let you and me understand what exactly will happen, thereby confusing and making money on you and me. It is because of this that I began to believe with great caution in such statements and comments and I try to analyze the situation on the market more and draw my own conclusions. |
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This short crypto-economic piece explores the probability and impacts of Bitcoin triggering a collapse of our central banking systems and a reordering of the world's wealth structure.
Pre-Bitcoin, individuals were all trapped in a system where the Federal Reserve and other central banks around the world could create money at will and force people to purchase assets and consumer items so they would avoid inflation. When fiat is saved, the velocity of money slows and economic activity grinds lower - for this reason the planners wished to encourage spending, and not saving, through quantitative easing.
Now we are seeing the wealthy, investment banks and treasury departments of companies OPTING OUT of this monetary riddle by taking their money "out of the matrix" and hiding it in Bitcoin to send their value into the future. They do this because the value of assets today is too high, yet their cash and bonds are being eaten by fiat printing so they have to invest in something, anything. Before they had no rational spending options and had to buy ever more overvalued real estate, stocks, and other financial instruments, but now they have a much better option: buying Bitcoin.
The difference now is printing fiat does not encourage people to spend their money, the reverse is actually true when that lever is pulled, it encourages purchasing and HOARDING of Bitcoin in much the same way people hoarded cash during the great depression. The more central banks print fiat, the more popular Bitcoin becomes as the smart money escapes the legacy monetary system, but it also works the other way around: the more Bitcoin that is bought, the more central banks are forced to print due to fiat leaving the system for Bitcoin, and a negative feedback loop ensues.
To throw gas on the fire, this disappearing act of fiat into Bitcoin is starting to accelerate since the 2020 halvening event in May. Not a day goes by when we don't hear of multiple billions being sunk into Bitcoin by a new financial institution, and much fewer Bitcoin are being sold than bought. The Federal Reserve is seeing weakness in the economy and Congress announced they are printing another 1 trillion dollars to hand out to Americans; on the same day Bitcoin skyrocketed to all time highs. At a certain point, the exponential flow into Bitcoin will begin to affect the fiat money supply by reducing it significantly. This will cause deflation and the central bank will print orders of magnitude more fiat, which encourages ever more panicked Bitcoin purchases to preserve wealth, and the cycle continues.
This "Bitcoin Option" represents the leaks in the system our monetary planners didn't anticipate. They either still do not see them or feel that they are impossible to stop due to the completely decentralized nature of Bitcoin. There is no CEO to drag before congress, no central server to shut down. These leaks may ultimately end up disrupting the entire banking system through hyperinflation with Bitcoin as an accelerant, and without a shot being fired.
I see a very uncomfortable future for those who don't own Bitcoin. The transition to the new system is going to impoverish many of the middle class that weren't impoverished before. The price of a whole coin is accelerating away from the financial reach of the middle class now and will continue to do so ($24,000 USD per coin as of today). As Bitcoin appreciates higher and higher, the US dollar and other currencies continue to debase themselves trying to catch up in overall value, the planners fill the gas tank faster as it continues to pour out onto the road.
In the end, a complete reordering of the entire global economic system will need to occur as the world economy stalls in its depreciating orbit and is caught in the gravity well that is Bitcoin, the new world reserve currency. Millions of people will lose their fixed income, cash and bonds to hyper-inflation while Bitcoiners become the new global wealthy, leisurely floating over the tidal wave of devalued dollars, in an ocean of paper money. The Federal government disappears like the Soviet Union as their financial instruments fail completely and there is a physical struggle for control as the power structure decentralizes. Crypto exchanges become our new economic pillars that control transfer into and out of the financial matrix as people desperately attempt to secure a handful of Satoshis, as the price of a full Bitcoin moves completely out of sight.
The haves and the have nots are reordered, into the early adopters and the late comers, those with Bitcoin and those without.
I have also recently seen a lot of information about the collapse of the current financial system and about the way out of this situation through Bitcoin, but all this casts doubt on this information, since usually no one talks about what will happen next. What is the point of those who want to change something to shout about it? I believe that the whole story with the collapse of the Baknov system is more of an information cover. It is likely that just someone really wants to get all the money in the world and the question arises, who benefits from it? It is beneficial for banks to control the financial system and people, making money on this constantly, but here we see the luring of big money. There is an opinion that they want to mitigate the collapse of the dollar system at the expense of cryptocurrencies, or even raise money and cash out the US debt, but destroy the banking system? I don’t think this is exactly the case, although I could also be wrong. |
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Personally, I don't like such headlines, as they say only one thing, that someone is already looking for someone to blame. It can be assumed that this kind of information is aimed at discrediting China in this case. And why BTC, for example, cannot be a weapon of America or another country, or why Bitcoin is a weapon in general, and not, for example, a saving circle? In general, as always, someone is trying to divert our attention to unnecessary goals. I believe that Bitcoin is just Bitcoin and it plays a role for everyone. |
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If it was like the last one, it seemed to have about 6 or 7 cycles bull correction bull etc.
I believe that the growth of cryptocurrencies will be until the end of 2021 with minor corrections, and after that a deeper correction is likely to await us. However, this does not mean that you need to wait exactly for the end of the year, because we already know that when cryptocurrencies reach their final peak, it is practically impossible to sell them at the peak. I think that it will be necessary to leave the market somewhere in October - November, or according to the situation. In this case, you need to be very attentive, since the beginning of deep correction can begin earlier. Everything will depend on the situation in the market and in the world. |
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One of the reasons why binance smart chain becomes this big right now is because ethereum gas fee is very high and this force some projects to switch to BSC but what do you think will happen once ethereum gas fee goes lower in near few months? Will BSC faced same fate as binance DEX? Or BSC will remain the better option over ethereum?
I believe that time will tell what will happen next with BSC, but now we see that Ethereum is losing some of its clients and this is certainly very bad. However, if very soon the price of commissions in the ETH network becomes lower, then this will be able to stabilize the situation around ETH and may well push the price of ETH very high. This is a great opportunity for BSC to get more clients and recognition from the crypto community. As I said at the very beginning, time will show what will happen to BSC and what fate awaits this network. |
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Hi,
I am not willing to trade on a daily basis, but I know for example about the 2017 crash.
Is there a reputable book, written by a reputable author, on how to know when to sell? It's like if a crypto goes 50x in one year there is a chance at some point that there will be a crash. I need to know APPROXIMATELY when I should sell.
Thank you!
I believe that it is very difficult to guess 100% when to sell cryptocurrency. However, there are factors and history that can help us with this. But first, you need to set the right goals for yourself and your cryptocurrency. Without a clear goal, you will not be able to accomplish your plans and probably will not be able to get the desired result. Personally, I focus primarily on the history of the development of crypto and from this I understand that 2021 will be the year of cryptocurrency growth and most likely by the end of the year we will see a new peak in prices in this cycle. After that there will be a drop in prices. This has already happened several times and why should everything change now ?! But this is a crypto market and everything can change dramatically in the wrong direction that we need. In any case, you need to constantly monitor the information and prices for crypto and know your exit point. |
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Following the upward trend in the crypto currency market, the total value of the crypto currency market set a new historical record and was near $2 trillion. According to CoinGecko and CoinMarketCap, the total market value of crypto currencies on March 31 exceeded $ 1.9 trillion. The total market reached $ 1.99 trillion earlier in the day, setting a new record in history. After the next correction, the total value of the cryptocurrency market fell slightly to $ 1.89 trillion at the time of writing. The crypto currency market has surpassed Saudi oil giant Aramco, the world's second most valuable company after Apple, to reach its all-time high. According to TradingView, Aramco’s Saudi is worth about $ 7 trillion, or $ 1.86 trillion at the time of writing. After surpassing Google's market cap of $ 1.4 trillion in February, it now surpasses the world's largest companies, including Amazon and Microsoft. At this moment of writing this post, the market value of Amazon and Microsoft is $ 1.5 trillion and $ 1.7 trillion. Source: https://cointelegraph.com/news/total-crypto-market-capitalization-posts-new-all-time-high-above-1-9tIndeed, the capitalization of cryptocurrencies is growing and this is far from the limit. This is facilitated by the situation prevailing in our time, namely the difficult situation in the financial and economic spheres. Many people and companies that have savings are now worried about what is happening and understand that they may lose their savings and assets. To solve this problem, they are looking for alternative sources of investment to preserve and increase their capital. BTC and cryptocurrencies now look very promising and both ordinary people and large companies are actively investing in them. |
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