its not surprising that there's a lot of garbage coin in the market nowadays to be honest. And its because in the first place these kind of technology is out of control reason anyone can make projects immediately without any authorization even some of them are not professional and sometimes the intention is to scam other people, that's why as well a lot of people saying investing is very risky aside of being so volatile of it .. So expect more in the future mate, because copy pasting is the common way where some frauds can earn money such copying the idea and features of good project just to get attention,. And best example for that are those meme coins. Lol
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For me in my view on avalanche or called AVAX in the market, if it breaks out to the current resistance i have doubts it will tends to reach back the current all time high value as well. If not then its a big question if it has a possibility to increase back again after the fluctuation, because as you can see the growth rate seems just started from the value where it stop during the bearish season and not yet showing potential to surpass the new resistance although the percentage itself as of now is very optimistic, because we all knows that those percentage can be change without knowing because of massive decline.. So for now we have no idea in my personal opinion. Let's just be positive on it. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Solana is doing well since last week probably if I'm not mistaken, because as i check this coin when I'm trying to trade alts few days ago, it's showing a higher percentage in the market, but seems the price is already too high and the growth rate is very steady like a constant uptrend, wherein even there's a small fluctuation but after that it will continue to bump the price.. Honestly through youtube i see there's alot of good specification for solana, and probably that's what happening right now.. Sad to say we miss the opportunity from it.
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There tends to be these - what I call - SIKE! rebounds. What that means is that there will be a steep dip, you think it's bottoming out so you buy, and sure enough, it starts to go up nicely, and then suddenly, usually a couple of days later...BAM! It dips way past the dip you bought at...and stays there for a long time. I don't know if there is a term for this.
Any strategies out there to help you determine that it's the end of the dip for this period?
by the way I'm not am expert but base on my experience in such scenario, i think you should make technical analysis for log long period and higher time frame so that you have an idea what will be the right direction of the growth rate after couple of days. Use moving average indicator in order to have sign where you can place your order, for me i prefer 3 MA with different settings just to assure everything.. And lastly of course setup your stop lose, because you know market is very unpredictable, and those indicators sometimes can give you a false signal so always setup stop lose mate to avoid losses from the sudden fluctuation in the market.
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We need more results for bitcoin before we judge the potential of it within this month. Indeed still unpredictable, and there's a lot of "what if" on this situation in the market that need some answers.. Nevertheless it's near to the resistance level wherein after that there's a possibility it will plunges like what always happen, but let just hope that it will not happen and it makes a break out instead.. Because if we keep posting this kind of information there will be a massive dump that can push bitcoin to downward.. Much better to wait for more results in my opinion.
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So when im watching some bitcoin videos on youtube... doesn't matter what it is... could be about bitcoin or cnbc talking about bitcoin, i see in the comments section, people making comments like
btc is the future
i made a ton of money investing in btc with so and so person
then you see someone post someones whatsapp or phone number and say contact this person if you want to make money
telegram
how btc is better than stocks
First off, all these comments are from people or are they bots? I notice even on twitter when it comes to politics, you see these accounts post comments where it sounds like a bot... then you see other users who post the same exact thing.
I assume the scam here is you then contact that persons whatsapp or phone or telegram, then they ask you for money... then you get scammed?
don't rely to those influencer who had small followers in the internet because for sure there will be some bots in it or should i say promoter with a multi account to keep pushing their project using good feedbacks especially in youtube.. So you better seek for those who have thousands sub for more info. And for your questions wherin which is better between bitcoin and stock? Well they're both good mate amd very risky.. But the most profitable is crypto in my personal opinion.
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Ethereum is the real winner when it comes altcoins in the market so definitely it will last and there's more good improvement in the future, this is proven and tested, indeed. so perhaps no one will declined ethereum no matter what happen in the market due to some reason.. Whrein only blind will not see the value of ethereum especially for long run. Lol, and i believe also that no other old coin in the market that will last except ethereum and bitcoin even there is more emerging new crypto currency that has good technology like them because these two is very genuine.
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It's only a legal tender in El Salvador so I don't know what you're talking about bitcoin reaching that price and remaining a legal tender when it's not a legal tender in majority of countries.
correct, only El Salvador adopt bitcoin and used it as a legal teder on their country , wherein no more other countries because of some reasons and i hope you know what it is.. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) And base in your question @trojane, well yes 100k is not possible because indeed the amount of bitcoin adoption is continually increasing every year , but when it comes to become legal tender after achieving that value, "if that's what you trying to say" ., perhaps we still have no idea.. Because bitcoin still have problems reasons government don't like it ever since before.
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There are a lot of trading and chat room on telegram which can give you benefits but the most important thing is that you have to study the coins and analyze them by your own, to make a possible understanding. Because in crypto world coin analyzing is very important and another thing be aware from the scammers always in these types of groups.
yup you're right mate. In addition for these as well, remember op that chat room cannot give a accurate information when it comes trading wherein even paid signals they're sometimes useless are not up to date. So like what @checkmatesir said must educate your self instead, so that you can get specific information like making technical analysis and etc, when you're trading because it's the most important and there's a big advantage having enough knowledge, indeed. than relying to some chat rooms or paid signals..
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Safe moon shiba inu With the advent of coins in the market, do they pretend to be extremely popular among the people? Or do those coins add some value to the market? But their prices are very low. Have such coins stabilized in the market in a few years?
probably yes they're pretending in the market just to gain attention from buyers, in fact shiba inu is one of the meme coins that emerged after doge, so you better stay away in it because the hype is totally over for shiba. If i were you for the safety, always check for trusted projects as it's the most important to assure there's a good return in our investment. Because those coin you've mentioned above had no future to be honest, sorry fir the words but it's true mate, see what happen to other memes coins.. They're stuck up and the prices is very very low the same with situation of inu right now.
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That chart seems from latoken exchange correct me if i'm wrong, ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) btw you should give us some specific information because it looks like a new token., or if we're you learn how to make technical analysis and some useful indicators because infact you're already had the chart, so that only thing you need to do is to make technical analyse, in order to determine where the real direction of growth rate lf that token..
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Crypto community has been recording a great rise in prices in the past few days. Everyone has been saying the bull run has come again until this night when the prices of all the major cryptocurrencies. started falling again. Can this price fall be a Dip or the dump.
well this scenario always happen even during the first bull run, wherein somehow market suddenly turn into red but after how many hours it will gonna show a green again. Perhaps this is the correction that what others saying here, what i mean a normal situation before market continue to increase.. Indeed there's no negative news nowadays that can cause the fall.. So probably mo need to worry about it in my personal opinion.
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Greetings, Trader. I'd want to learn a little more about you. If you're a trader, you may talk about the best trading cryptocurrency on the Kucoin Exchange here.
i don't have any experience with kucoin exchange, but perhaps its all the same when picking a coin to trade, wherein the most important is the volumes, market cap and lastly always follow the trend when trading. Make technical analysis so that you will know mate. Because as far i know it's not about what exchanges you prefer to trade, wherein it depends on the coin.. So better do what the most important things before trading. Such what I've mentioned above.
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We know that Bitcoin is the best coin of all. Which is the best for you after Bitcoin? Ethereum or Bitcoin Cash? Give your opinion with logic in favor of your opinion then everyone will benefit. But I think Italian is more popular among Ethereum and Bitcoin Cash. Looking forward to your important feedback.
of course bitcoin cash is nothing when it comes ethereum, indeed bitcoin cash become popular only because of bitcoin and after that it's totally done wherein no big improvement unlike ethereum nowadays. To be honest bitcoin cash has been quite for how long and there's no big event in it although somehow its showing potential, but if we will make a comparison between ethereum, there's a big differential and it's very obvious tho..
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If you will base on the long time frame you will see that bitcoin is not yet done making progress, wherein it's just making correction before to continue increasing in my personal opinion, as it's still showing a very steady candle sticks within the current support.. And infact the 7days percentage of bitcoin in coinmarketcap is still showings around 3% up. So expect it will regain strength again back to the resistance or more, depends on what will be the results after a couple of days.
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everyone struggles with what he wants as well as ELON I think he is struggling to raise the popularity of his company to be higher by linking it to bitcoin. and with the topic of his tweet it is clear that Elon Musk really cares about his Tesla company and prefers it over bitcoin.
elon musk is now very confused where he can make huge profits, thats why there's a 3 choices for him. Lol Because as you can see its very obvious that's he's now losing reputation and it seems his fans doesn't want to follow anymore what's the real plan to do, wherein after making his own project.. These sign is the beginning that no more meme coin in the future. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) nah just joking
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Start to build a community for your project while you have no enough funds for it.. It doesn't matter at least you have a bunch of supporter until you gain enough capital to advertise your project to those popular sites. Indeed there are some crypto site in the internet wherein you can still advertise your project, as long as it's related its a good choice for visibility while you're waiting to have enough capital , Btw perhaps there's a service here in forum as well. Just use the search bar if you can find some.. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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It is popular opinion sometimes that a trading strategy might no longer be effective if one begins to loose money while trading instead of gaining.
An important question i ask myself whenever i hear about people complaining or simply discussing a series of consecutive looses they have made while trading using a certain strategy is;
HOW MANY CONSECUTIVE LOOSES IN TRADING CAN YOU HANDLE BEFORE YOU ACCEPT THAT YOUR CURRENT TRADING STRATEGY IS BECOMING LESS EFFECTIVE?
one or two losses is enough.. And that's very obvious tho, that your strategy isn't working anymore .. So better to stop trading and take a break instead of pushing your strategy even it didn't work because you will end up nothing with massive loss.. Make another technical analysis in order to build new strategies because that's the most important, for me 1 to 2 hours of studying the graph perhaps its enough to make new strategies. But just relax or take a break before making decision to refresh your brain and never force the situation.. Try your luck in other day because if it's not working well you cannot do anything with that.
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I have invested Raydium, SOL,STEP Finance .
They have given me GOOD ROI. Try to invest in solana project. this is Solana bull run
probably you made a good decision mate. Because solana really at the uptrend right now and if you will see the potential in the market especially for long run, it's pretty impressive to be honest.. By the way those 2 crypto isn't familiar to me. A friendly reminder mate i suggest to always make technical analysis so that you can assure which has a potential to make good return after all.. But if you make research first before you invest money in it then good job.. Keep it up. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) bear in mind always to follow the trend.
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Everyone on the forum knows what Bitcoin is. We already know that many countries have removed this currency from the ban. I mean, will all the nations of the world use Bitcoin as a currency?How important will it be? It will not go to the good side to the bad side?I want to know the opinion-
not all country are crypto friendly mate.. And we all knows that many people nowadays are still using bitcoin in other ways wherein against the law, reason why some countries keep banning this kind of asset even it has a big advantage than real fiats, and the common problem is when it comes the activities such mining.. Yes there are some adoption in other countries and they really turn bitcoin as a legal tender. But its limited only and there's a boundary how people can use it in public.. But expect soon when there's a bad activities again when it comes to it. for sure those country that accept bitcoin will decide to ban it as well without hesitation.
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