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When facing an altcoin bull run, the best option is to trade actively because the market is in a good position. Moreover, trading altcoins has the potential to get big profits during bull run periods.
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I put a lot of trust in BNB and ETH. For me, ETH and BNB are good altcoins to make long-term investments. I looked at what happened to ftx and Luna it seems very unlikely it will happen to ETH and BNB. Therefore, it can be said that altcoins such as BNB and ETH are good choices for long-term investments.
BNB and Ethereum are trusted altcoins because of high marketcap cap but some other coins are also worth to invest as we can get more profit than these two. Aptos and sui are new chain coins which are still an early stage and it's possible for these two to rise like Solona. I am also confident with matic because it's survived well in latest bear market and we saw that many big project failed and dumped hard like Solona, luna, xrp,ADA and many other but matic is only 80% percent down from average price. Metaverse, gaming NFT range are also increasing which will increase demand and more chances of surviving for long term jus like bnb and eth Indeed, besides BNB and ETH, there are several other coins that are also good and worth investing in, such as MATIC. However, on average other coins do not have the same increase in demand as BNB and ETH. Moreover, many newbies who invest in altcoins other than BNB and ETH get caught in losses. Therefore, if someone has doubts and is not sure about some other coins, then it is better to choose investments in BNB, ETH, and MATIC which have been clearly tested and have strong fundamentals that make it possible to reap large profits. |
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Currently, I only hold BNB and ETH. I see that BNB and ETH have great potential to get satisfying profits when the bullish phase occurs later, moreover, BNB and ETH are relatively stable in price on the crypto market so it is possible to get big profits in long-term trading and investment.
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Watching the current market and the demise of ALL crypto ... is this the end for certain coins?
How do people think the likes of ETH, ADA, XRP, TRON etc will go from here?
In my opinion, coins like ETH, ADA, XRP, and TRON seem hard to die for. Even though we don't know exactly how far the development will go in the future, a coin like this is very difficult to die, especially ETH where this coin is supported by a great team and has strong fundamentals. |
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Have you done in-depth research on this project that makes you so confident in inviting people to invest in meme coins. You should know that many meme coin prices are affected by the hype so that many people experience losses when investing in meme coins. One of the meme coin cases that caused most people to experience losses was the Shiba Inu where at that time people were very interested in buying when they saw the price increase but it didn't last long, the price has fallen until now.
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I think there is no disposal for Bitcoin. In the crypto market, there are always sellers and buyers of bitcoin and that is a natural thing. If you look at the condition of the bitcoin market recently, it seems you are wrong to say that there has been a disposal of bitcoins. Where the price of bitcoin is currently increasing again and trading in the range of $30k-$31k.
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No one can predict the future of Bitcoin with certainty. However, the possibility of Bitcoin falling to zero at this point and the next few years is considered very unlikely. Bitcoin has a large market capitalization, and growing popularity, and is supported by a strong network and community. Therefore, given the current popularity and use of Bitcoin, it is likely that its value will increase drastically in the future.
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If you look at the recent crypto market conditions that have started to improve, it seems that the potential for an increase in bitcoin prices reaching $ 40k will occur soon. Especially now that bitcoin prices are trading in the range of $30k-$31k. Therefore, there is hope that the Bitcoin price will continue to rise from the current levels and be ready to reach $40k.
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It is difficult to predict exactly the future of any cryptocurrency, including altcoins like ETH, ADA, XRP and TRON. However, if you look at developments, it seems that altcoins like ETH and TRON are not going to die.
Not sure indeed only time can tell about those alts that still exist and if what's the fate of them with this business, you need to be selective with project that you'll going to buy and hold. Learn from past experienced the market is volatile and fluctuation is unavoidable you need to use your time to do your deep research before taking your investment. Those mentioned coins/projects are example of assets that you can pick after doing your research. Correct. indeed the crypto market is volatile and fluctuating. Of course, we have to be able to do in-depth research and do our own research before making a decision to invest in cryptocurrency. If we do that, then at least we can minimize the potential losses that we will face. |
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Predicting with certainty whether the price of Bitcoin will experience further decline or further recovery in the future is very difficult because the cryptocurrency market tends to be highly volatile and difficult to predict. However, it seems that lately there has been a significant increase in demand so the price of Bitcoin has increased where it is currently back at $30k. Therefore, there is a possibility that the bitcoin price movement will continue and it is possible that at the end of this year, the bitcoin price has the potential to reach above $40k.
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Hi I have been toying with the idea of investing in BTC but have waited due to some investors saying the price will drop to 12 - 16k again. do you think it could still drop to this or are we more likely to move on up to 40k?
thanks in advance.
I don't think the bitcoin price will drop below $18k anymore. Especially if you look at the recent crypto market sentiment, it seems that the price of bitcoin is more inclined to go up, it doesn't even rule out the possibility that the price of bitcoin will reach $ 40k. Therefore, if you really want to invest in bitcoin, pay attention to market sentiment, to convince yourself whether Bitcoin will experience another increase or decrease so that it will make it easier for you to make a decision to determine the right time to invest in bitcoin. It is tough to be sure of anything when we talk about bitcoin, bitcoin is unpredictable. I don't know if bitcoin can drop below 18k again. But I believe in history, and I think that before we officially enter the bull season, there will still be a dump waiting for us ahead. For those who haven't bought bitcoin yet, they should buy now, now is still a good time to buy bitcoin. But if someone has already bought some bitcoin and wants to buy it cheaper, they can risk waiting. I still believe there will be another downfall, IMO. Indeed, predicting the price of bitcoin is very difficult. Anything can happen in the crypto market. However, while nothing is certain, I don't think bitcoin is likely to drop below $18k again. Moreover, if it is in accordance with the 4-year cycle, next year there will be a halving. Where usually before the halving the price of bitcoin tends to go up and down more stable and not to fall like last year. |
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Predicting exactly what will happen in the crypto market is very difficult, even for experts. The crypto market is complex and influenced by a variety of factors, including market sentiment, government regulations, technology adoption and global economic news. No one can predict with certainty the future price movements of crypto assets.
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It's true that not all new projects are bad, but before investing in new projects, we really need in-depth analysis so that we don't get caught up in fraudulent projects that make us lose. But a good project that lasts in the long run is one that has strong fundamentals and has good utility and the team always solves the problems at hand.
I agree with you and sometimes some people don't think long when investing in a new project, always consider the risk to minimize it by conducting in-depth research and analysis, be careful before investing in any project Right. People should know that cryptocurrencies have high price fluctuations so that apart from having big profits they also have big risks too. Likewise in investing in new projects if we don't do in-depth research then we will be trapped in fraudulent projects which will eventually suffer losses. Every beginner should know this so that they won't get lost in the path that they are taking, I mean it's normal to have losses especially if you're just a beginner in the world of cryptocurrency but it is always much better if we have enough knowledge about the things we're investing rather than riding the hype just because the crowd is clinging to it. Remember that being a different is not always wrong especially if you know what you're doing. Correct. indeed for a beginner there are many losses when investing in crypto currency because in general they do not have sufficient knowledge. Most beginners invest in cryptocurrency based on invitations from friends who only provide an understanding of the benefits but do not explain that investing in cryptocurrency is not only profitable but also has big risks. |
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The best strategy to get big profits is to buy cheap and sell high, now we are in the first phase that is the best time to buy, I'm sure in 2023 the market is immediately rising so that we can get profit and of course long -term hold is better.
Basically, buying low and selling high is a good strategy to make a profit. But if you say that in 2023 the market will go up immediately, that's just a prediction that isn't necessarily accurate. So far, no experts have been able to accurately predict the future of cryptocurrencies. The increase and decrease in crypto prices is very much influenced by many things so we cannot be careless to enter the market, sometimes when we believe the price has fallen but suddenly when we buy the price falls even more and in the end we cannot avoid losses, that's why the analysis in trading is really needed in terms of trading even though basically trading is just buying cheap and selling high so far, before trading and entering the market it's good for us to analyze the market well so that at least we can get profits and minimize losses in trading. Correct. I agree with you that it is very important to be able to analyze the market well before deciding to buy any coin. Even though it is not easy to be able to analyze the market accurately, especially since the price of cryptocurrencies is very volatile. But at least if we can analyze the market a little, then we can minimize potential losses in trading cryptocurrencies. Analyzing a chart on cryptocurrencies before buying is important, because it will be a big loss if you can't analyze it properly, because in a bear market alrcoin prices will continue to fall and support will always be broken, some will even end up being a scam. Of course it is very necessary to analyze the market carefully so that we can minimize risk. Even though sometimes not everyone can do market analysis accurately, at least by understanding a little in analyzing the market, we can avoid the potential for huge losses. |
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In my opinion, Cardano is one of the cryptocurrencies that offer attractive advantages. Not only is the price relatively cheap, Cardano also offers solutions to problems that hinder the adoption of blockchain technology through three elements, namely scalability, interoperability and sustainability. In addition, Cardano also uses technology that guarantees more security and ease of transaction processing. Even though it hasn't beaten the market capitalization of Bitcoin and Ethereum, Cardano can be used as a promising investment to make a profit.
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The performance of the altcoin market recently has not been positive. But you don't need to panic when you see altcoin prices going down especially when the market is in a bearish trend. However, rest assured that the crypto market will improve again and a bullish phase will occur soon. Therefore, it is better for you to hold on to your assets and wait until the market is really bullish, only then can you sell them for a profit.
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I just checked the dex are gaining more volume and popularity now a days like uniswap and sushi swap and don't forget The PCS and i just found an upcoming dex named OscarSwap they have a really amazing features and offering passive income for the users i think early adoption of OscarSwap would be great approach as it is on Arbitrium and have a less fees with the high speed transaction further the team is transparent, doxxed , KYced and the contract is audited from certik but now a days it's hard to believe in new projects so what you guys think should i have to take part in early stages of the OscarSwap or not as i am really scared of losing my hard earned money. website: https://oscarswap.com/Gitbook: https://oscarswap-official.gitbook.io/oscarswap-official/My advice is that before you invest in the project, you better do more in-depth research so you can protect your money. If you are afraid of losing your money if you invest in a project that you just know, it's better not to do it and choose another coin that has clear fundamentals and is safe to invest so you can make a profit. |
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Indeed, the price of Bitcoin has experienced significant fluctuations in recent months. There are several factors that have influenced the current change in Bitcoin price, and it is difficult to predict future movements with certainty. Therefore, if you want to invest in Bitcoin, it is important to consider the risks involved. You should do thorough research, understand how the market works, and consider your risk tolerance before making an investment decision.
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The crypto market has experienced rapid growth in recent years. However, behind this tremendous potential lie serious challenges related to security and privacy.
What many people are asking is what are the main challenges faced in protecting the security and privacy of users in the crypto market? How can the crypto industry overcome these challenges?
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