Bnb is the best coin for investment.
Right. Indeed, BNB is one of the best altcoins to make as a more profitable investment because its price has soared to the point where it scored ATH levels last year. Even BNB is worth buying for both long and short-term investments. Moreover, BNB has experienced a positive trend over the past year. |
|
|
|
Right. One of the most excellent, flexible, and profitable wallets is Trust Wallet. So, it's safe to say that overall, Trust Wallet's strengths far outweigh its drawbacks. In general, Trust Wallet is very suitable for use, especially for people who always trade and store more than one type of crypto asset. Not many crypto wallets support more than one type of cryptocurrency like Trust Wallet.
It's depends on how your brain. If you have knowledge to setting chain in manually, all wallet can be support all of the coin, like as example matamask, that wallet support anything of token, of course that was able in special chain only but if you understand how to set bnb chain, trx chain, cardano and etc, you can make metamask wallet same as trust wallet. I mean, metamsk is one of old wallet while trust wallet just only a couple year used, don't waste the time to change ii if the old have same function. Both Metamask and Trust Wallet have their own advantages and disadvantages. It depends on the choice of which wallet we use. But for me, I prefer Trust Wallet because besides being able to be installed on Android and iOS devices, Trust Wallet can also be used to trade, store, and see coin prices. |
|
|
|
|
We are currently entering the second week of October and bitcoin is still experiencing a decline in price where currently the bitcoin price is traded in the $18k-$19k range. Therefore we don't know the extent of the bitcoin price movement throughout October whether the downward trend will continue or there will be a sharp increase. So let's see where the bitcoin price will go until the end of this month.
|
|
|
|
|
I think one of the reasons why cryptocurrencies have experienced a sharp decline in price in the last few months is because market sentiment is still struggling in recession and inflation is still rising as a result of the Fed's interest rate hike. So some investors are still worried about global macroeconomic conditions and the global crisis.
|
|
|
|
|
Indeed, crypto prices experienced a very severe correction because the soaring inflation rate had made the crypto market experience a big impact. However, in a falling crypto market situation, it should not make us panic because if we panic, we will experience losses. Moreover, the collapse of the crypto market has often occurred, especially when bitcoin reaches new ATH levels. It's better to HOLD your assets in the long term because the bull market will definitely happen again even though we don't know when it will definitely come.
|
|
|
|
|
I think it's very risky if you want to invest in a new project that doesn't necessarily have strong fundamentals, especially if the project later after they get funds from the token sale but they don't develop their token, one of which is not registering on a good exchange. it is better for you to invest in altcoins that have strong fundamentals to earn money than invest in new projects that do not necessarily bring you a profit.
|
|
|
|
|
Although currently, the crypto market is still in a bearish moment, it is difficult to predict when the bear market will end. But basically, a new bull run started after the market experienced a very high correction. Therefore, looking at the current market conditions, I see that it seems that the bull run market will start in the next few years.
|
|
|
|
I have 2 BNB, what is a good project to invest in? Something with utility, no shit coins
I think, if you already have BNB, it's better not to invest in bounty projects that are not necessarily profitable for you. Moreover, it is very difficult to find good projects with potential coins. It's better with the BNB you currently have, you can look for daily or monthly profits by making trades where you sell when prices are high and then you buy back when prices go down. |
|
|
|
|
I think there is always an increase after the price goes down although it is difficult to predict exactly when a bitcoin bull will occur again because of many other factors that can influence the market to go up and down. However, an increase or market recovery will occur after the correction is high enough.
|
|
|
|
|
I think there's a high chance that the bitcoin price will hit $40k again. But that doesn't seem to be the case this year as the market situation is still weak and the bitcoin price is only trading above $20k and below $30k. Maybe next year there is hope that the price of bitcoin can reach $ 40k again. So let's see how far the bitcoin price has moved from the end of this year to the beginning of next year.
|
|
|
|
|
I think the bitcoin bear market is not over yet because the negative sentiment still continues to surround bitcoin, this makes the crypto market still weak. In the current market situation, it is difficult to say when the bear market will end soon or if it will continue until the end of the year. Better let's see how far the market will move forward.
|
|
|
|
June is over and the crypto market conditions in June were very bad. Currently we are in August where the market is starting to improve a little bit, even bitcoin and altcoin prices are starting to rise a little although corrections are still happening. Therefore, we hope that the market will improve again and the price of bitcoin and altcoins can rise significantly again.
Which coin will be ready to buy. It is time to dump the all coin. Can you expect the market to do something good in June. What do you say.
Now it's mid-June and there is no sign that altcoins will go up, even the altcoins I hold are still decreasing every day. this is a bad month for me. but no one can predict with certainty about current and future market conditions. we can only hope that altcoin prices will improve again in the near future. but in my opinion, despite the losses that I experienced, but I feel now is the right time to buy altcoins to sell them on the bull market. We are currently in mid-August, not June buddy. Indeed lately the market situation is not working well but rests assured that the bull run market will happen again in the future. My advice, if you are the type of long-term investor, now is the right time to buy while prices are still low so that when a bull run occurs you don't miss the opportunity to make profits. [moderator's note: consecutive posts merged] |
|
|
|
|
After a few months ago bitcoin experienced a very deep price decline, now bitcoin is able to rise and the price is currently in the $24k–$23k area. Therefore I am optimistic that if the current price increase continues then the closest area of $27k– $28k will be reached in the near future. Well, while the price of bitcoin is still low, we can take advantage of the current momentum to buy so that we don't lose the opportunity to make profits when the price of bitcoin rises significantly later.
|
|
|
|
A quick question for anyone here who purchased bitcoins say on June 9th just before the unexpected dip began? Do you regret your decisions and are you confident that bitcoins will bounce back?
I think, If you ask if bitcoin will bounce back the answer could be. But, is it bound to happen? The answer is not necessarily. Because we only predict not make sure it happens. The prediction could be wrong. However, if you look at the current trend, it will be difficult to see a price recovery because this year has been a bearish year for the crypto world. |
|
|
|
I think Russia will legalize the use of bitcoin as a legal tender. In the midst of the situation of the invasion of Ukraine, Russia may need another payment model that is not affected by political turmoil. If Russia really will fully adopt bitcoin, then it opens up opportunities for people who want to get out of the gray zone. On the other hand, it also has the potential to attract new investors which seems to be getting higher.
Legal tender seems like a too big of a step for the time being, especially during a war time like this. I believe that there is a good chance we could end up with bitcoin becoming some sort of lax regulated legal thing and people could deal with crypto without any problem at all. But, at the same time legal tender is just way too much, that would be like letting it be a foreign currency and even closer to home than that. Which is why I doubt that it would happen, I believe that it will not happen and something lesser but still allowed will be the case. Russia needs people to move money out of their nation, especially foreign money like dollars, and bitcoin would help with that. I think efforts to legalize bitcoin are still ongoing in Russia, despite the ongoing war situation with Ukraine. If Russia later officially announces that they have adopted cryptocurrency, it will have an impact on both investors and businesses operating in Russia. Thus, once adopted, it is likely to further cement Russia's status as one of the world's leading bitcoin mining centers. |
|
|
|
|
I think, although in the last few weeks bitcoin has started to rise in price where the price bitcoin is trading again in the $24k-$23k area, it seems difficult for bitcoin to reach new ATH this year because the crypto market has not fully shown a better performance. Therefore, if there is no further major correction, it is possible that the bitcoin price will only reach above $40k this year.
|
|
|
|
|
Bitcoin is currently trading in the $24k price range and if people are buying when the price is in the $21k area they will be very lucky right now. However, even though the price of bitcoin is starting to rise, it seems that it will be difficult for bitcoin to reach the target price of $100k this year.
|
|
|
|
Some people panic when the price of bitcoin falls, causing them to suffer losses. People selling bitcoins at $17k that they have no plans to place trades in, or set stop losses. This way, they will have no consistency and will suffer losses that are unavoidable and will keep them out of the market game forever.
When the bitcoin market went down yesterday, many people panicked and sold their bitcoins. While they don't think about the imminent reversal of bitcoin, they can see the profits coming their way if they can be patient for a while. The crypto market today is confusing, and we must be careful before deciding. Hopefully, the price will not go back to the lower price and can stay at a price now. Usually for beginners who invest in crypto or bitcoin they always panic when they see the market plummeting. However, for experienced investors, they will definitely take advantage of opportunities when the bitcoin price drops to collect bitcoins and make profits. Even in a downtrend, investors who have polished their analytical technical skills can profit by using knowledge to predict short-term moves and capitalizing on them by buying lows and selling highs. I cannot really blame newbies for panicking as the movements of the market can be way more extreme than what we see with any other asset, however even if they make a mistake or two the next step is to learn from them, and that is where things go wrong as the majority of the newbies never progress any further and keep making the same mistakes over and over again, and that is how they lose most of their capital without even realizing what is what happened for them to reach that point. Apart from not panicking, there are also basic and technical things that a beginner needs to learn before investing in crypto, such as knowing the momentum to buy, which is when the lowest price of the price in a period is so that they don't lose most of their capital. |
|
|
|
When the price of bitcoin plunged so deep from the ATH level many speculated that bitcoin would die. But in reality it never happened. If people are experienced and have been investing in bitcoin for a long time then the drop in the price of bitcoin is not surprising, they even take advantage of the price drop situation to buy and increase their portfolio and hold on for the long term to get big profits someday.
very good statement and it's true Bitcoin is not going to die, old traders and investors know that too, when the market is bearish many people say "Bitcoin is Dead" but look what happens now? is the price of 1 Bitcoin = $20000 a cheap price? Of course No!, when compared to 10 years ago it was only a few dollars, so why think about bitcoin died? buy and hold is the answer That's right, bitcoin will not die. Speculation that bitcoin will die usually arises when the price of bitcoin drops dramatically and it's all part of one of the FUD strategies that deliberately spread fear so that they expect big sales and can collect as much bitcoin as possible when the bitcoin price goes up they will sell it for a big profit. |
|
|
|
After seeing the price of bitcoin stuck at the $20k price level, it will allow bitcoin to continue to experience further declines in price towards the $17K area. If the current price decline continues, it is possible that the bitcoin price will drop lower than the previous ATH level.
It's already the start of the winter in the market, I am pretty sure that we will probably see bitcoin go down much lower in the near future, I think that 17k might not be the lowest point that bitcoin can go, there's definitely a support but bitcoin is still as volatile as ever. If you look at the current condition of the crypto market, which is still in a bear position, it is possible that the price of bitcoin has the potential to fall even deeper than the current price. Therefore, in a condition where the price of bitcoin is still experiencing a decline, it is better that now is not the time to enter to buy because the price of bitcoin has the potential to fall even further. |
|
|
|
|
Show Posts
