No one can predict anything in the cryptocurrency market, it can go up or down. If someone can predict exactly what will happen in this market, he will definitely become a millionaire.
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Doge is being exaggerated too much for its true value, investing in doge at this time is very risky. Don't put too much faith in Elon Musk and Doge coin, if Elon Musk really loves this coin, he would have accepted Doge in payment a long time ago.
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I don't understand your question. If the media covers the crypto market it can make the price go up or down, but if a certain media crashes it has no effect on the market.
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What are your thoughts? Do you think Elon Musk is manipulating the crypto market?
It is clear that elon musk is trying to manipulate the market through his Twitter, and there are a lot of people who believe in it. If the market still has people investing on the advice of others, elon musk is still going on I also think about you, the popularity that Elon has is enormous, he has influence and a large following who is always monitoring what he is doing, and he sees this opportunity to manipulate the crypto market, with the more people affected the greater the profit he will get. He recently announced that he is in favor of crypto if there is a war between crypto and cash. But this doesn't make the market as bullish as Elon Musk wrote on his Twitter, perhaps people have started to be wary of what he says.
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What are your thoughts? Do you think Elon Musk is manipulating the crypto market?
It is clear that elon musk is trying to manipulate the market through his Twitter, and there are a lot of people who believe in it. If the market still has people investing on the advice of others, elon musk is still going on
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With the exception of Doge Coin, all of the coins that are among the top 20 on the market are worth investing in. Those are good coins and have a lot of fans. If you want to invest for the long term then those are good choices.
Take out that XRP as well. Its always good to have tokens that function as a platform fee like ETH and ADA. Among his list, I think EOS will do since its still a platform for the tokens where developers are creating tokens. Holding these tokens will over time increase its value and at the same time if you stake them you could also earn from them. This is hitting two birds in one stone. ETH, ADA, BNB are very good platform coins and worth investing in. However, the choice of coin will depend on the preferences of each investor, everyone makes suggestions and he will choose for himself.
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With the exception of Doge Coin, all of the coins that are among the top 20 on the market are worth investing in. Those are good coins and have a lot of fans. If you want to invest for the long term then those are good choices.
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The recent drop is the result of a technical pattern breakdown of the Bitcoin chart. I have seen traders predicting supports that Bitcoin could penetrate at $46,000, $42k and $38k respectively. Most of the above milestones have been passed. We are expecting Bitcoin to break through the $38k mark, if not, the next support will be at $35k and $32k. Every time Bitcoin decreases in value, other cryptocurrencies will also decrease in value. That has become the norm in the cryptocurrency market.
There is no technical pattern that can predict the direction of bitcoin. People invest in bitcoin to make profit and Bitcoin grows based on news, if the news is good then bitcoin will go up in price and it will drop when there is bad news.
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All the ways you give sounds easy but it is really difficult even for those who are experienced in the cryptocurrency market. About the first way: 1. Regular trading on the exchange Not everyone can become a trader, being a successful trader requires a lot of requirements. you need knowledge and skills, besides you need to have a strong psychological quality to be able to trade on the exchanges.
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Although BTC is still the biggest coin in the market but it is losing its dominance, there are many altcoins that are growing very strongly and challenging BTC dominance. BNB and ETH are the two altcoins with the strongest growth at the moment, with superior technology and support from the Binance exchange, BNB will most likely threaten BTC dominance in the future.
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Anything can happen in the cryptocurrency market and it is difficult to predict accurately. However, if you love TRX and research it carefully, investing in TRX is a worthy investment.
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Well, except for Elon Musk and Tesla, I have not seen a large company or corporation speak out in favor of this coin. So even if Tesla accepts Doge for payment, it will be the biggest pump in history.
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With the current epidemic situation, a bear market will hardly appear. Because of the pandemic, people are staying at home more so they will have more time to pay attention to bitcoin and cryptocurrencies. So I think the market is unlikely to correct before we win this pandemic.
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BNB is threatening ETH's position in the crypto market and it is proving that it has many advantages over ETH. If version 2.0 of ETH cannot solve the problem of transaction fees then BNb is very easy to catch up or even surpass eth.
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This is entirely possible. ETH is the second largest coin in the crypto market and it is loved by many investors. If version 2.0 is released on time and solves the problem of transaction fees, ETH could completely increase to $ 10,000.
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Certainly Doge coin owners at this point in time don't like your job. If Elon Musk leaves the doge market it is certain that this coin will collapse and a lot of people will lose money because of that.
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We all know that Elon Musk holds a lot of Doge, so it's natural for him to support it. But people do not forget that he is a businessman, until he feels the profits are enough he will leave the coin.
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Obviously they all want to buy low and sell high, but no one can be sure of when to buy and sell. In fact, we are betting on this market, trying to analyze the market and find ways to make a profit.
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Remember, 98 addresses control > 67% of all Dogecoins. Dogecoin has become what it is, a joke coin.
This indicates that there are only a few great sharks on the Doge coin market, if these sharks join together to blow the Doge price up and then they all sell, the coin will crash. Stay away from this coin if you don't want to fall victim to the doge shark.
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For ico fraud I experienced 3 in 2018, 2 in 2019. And that's all I did without research. I bought and invested there based on high Twitter followers and the active community in telegram. I don't even remember the name of the project because I just joined in. I even found out the project was a scam after the telegram was inactive for a few months. i admit i am very stupid haha
In 2018 there were a lot of people losing money with scam ICO, at which point people were investing in ICO based on hype. I also participated in a few ICOs at that time and lost my money, it was a sad experience.
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