I noticed the recent deep generally affected most of the ALT coin within 48 hrs turning Red. i bought EOS at $5.2 but i was panic to sell reason because most of my assets was greatly at loose and i couldn't bear the pain so i have to sell off most them to be able to secure them, not too long the market changes direction again and already i have lost most of my investment.
Do we expect another deep soon?
what is your intake, please be free to drop your comments.
I believe this drop means another major player bought BTC and other cryptocurrencies. Moreover, it was not a fall, but an opportunity to buy cheaper. Then the price will return to its previous highs and probably the next stage of growth. I also believe that 2021 will be the year of growth in the crypto market, but after that there will probably be a deep correction. In any case, we all now have a great opportunity to make money on cryptocurrency, especially from those who bought it earlier. |
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Fiat and cryptocurrency are the same but people in society differentiate them and value fiat because its adopted by the government far back, and since the existence of the world and also a specific country, so from my research I find out that government just disliked cryptocurrency for nothing,
So differentiating fiat from bitcoin is valueless because irrespective the importance and massive adoption of fiat currency from its existence before cryptocurrency, it's obvious that fiat is money and bitcoin is money, their functions and contribution in society never depart from each other, so bitcoin now is the shortest way of transactions across the world without much process or procedures, using bitcoin everything buyable is easier to purchase without stress, so from my perspective I prefer bitcoin than fiat currency due to fast transactions process across another country, and nothing fiat can purchase bitcoin can't purchase, so no difference between both because all are currency.
I believe that fiat money and cryptocurrencies are not the same thing. You say that BTC is money, then according to money BTC should be used to pay for goods and services all over the world, but this is not. I would call BTC a new asset for saving and earning. As for money, there will probably be new digital money in the future, and each state will have its own. You must understand that no state will ever allow anyone to create their own money, and there is logic in this. Therefore, cryptocurrencies are probably some kind of experiment with an as yet unknown purpose and task. But no matter how it was, cryptocurrencies have already made their contribution to our lives and it will probably continue. |
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The ultimate market manipulator is at it again.
Personally, I will not be surprised at anything, even if the crypto market is now dumped in order to buy more cryptocurrencies at a low price. As for Elon Musk, we know that he personally does not buy BTC, but as he said his company does it. It is likely that now someone is buying wholesale, and it can be any large company or fund. Probably, soon we will see the news that someone bought something BTC. All this shows us that 2021 is the year when large companies will buy cryptocurrencies, and we will see prices rise and fall. |
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we know that there is ups and downs in the market. But this time market correction not come yet.
Due to elon mask entering to this market so big bear market not come unlike 2018 jan ?
If we talk about the global correction in the crypto market, then I believe that it will begin in 2022. It is in 2022 that a new cycle will begin in the crypto market, and as history shows, a global correction begins. As for the appearance on the crypto market of Elon Musk, this is an indicator that large companies are interested in cryptocurrencies. The whole of 2021 is likely to be the year of crypto growth, as large companies will buy BTC and other crypto assets. |
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to be honest , i just invested all of my money into crypto on the middle of november , as we see now , everything go green , i even got 12 X ROI just for hold crypto like EGLD,INJ,CAKE,XVS, the question , where the correction , it is the party will be over soon ? or it will be bigger since as we know recently big company like TESLA even accepted bitcoin , or its just fake bull ? if yes , i cant imagine how big the correction will happen.
Indeed, those who previously bought cryptocurrencies have already earned good money and may well take profits. As for the growth that we are seeing now, I believe that this is the expected growth since we are at the end of another cycle, and as history shows, there is a lot of growth at the end of each cycle. Large companies such as Tesla buy BTC because they probably know something, maybe soon there will be a collapse of traditional markets, as well as the monetary system, and they want to reduce the risks by investing in BTC. But no matter how it was, we cannot know 100% what and how it will be, but the main thing is to have our own clear plan and act according to it. |
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After so many pumps sparked by Elon Musk through his tweets, Musk calls Bitcoin "almost as BS as fiat money". He had "Bitcoin" on his Twitter bio recently. His company just invested $1.5B in BTC. He sparked bull runs for a memecoin and called crypto the future currency of Earth - why would Musk back off the Bitcoin bullish mindset and call Bitcoin BS? The tweet: To be clear, I am *not* an investor, I am an engineer. I don’t even own any publicly traded stock besides Tesla.
However, when fiat currency has negative real interest, only a fool wouldn’t look elsewhere.
Bitcoin is almost as bs as fiat money. The key word is “almost”. Source: https://twitter.com/elonmusk/status/1362600676174557186I believe that in order to know the true meaning of Elon Musk's words and actions, such questions should be asked to him. However, there is no guarantee that he will answer them. But if you think about it, then Elon Musk is probably just playing with the community. But in general, why did everyone decide that what Elon Musk says, this will definitely happen? It seems to me that the fact that people believe everything they write on social networks is a big surprise for those who write these words. Probably we are being manipulated and Elon Musk probably does the same. I believe that one should not pay attention to what Elon Musk writes, since he himself said that he did not invest in BTC and probably does not have BTC, then why should his words matter for BTC? |
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The way its price is increasing at the present time, many people think that its price will go above $ 300. Do you think so?
I believe that the price of BNB can be more than $ 300 for 1 BNB. This is primarily due to the fact that the market is now bullish, as well as to the very development of Binance. As you could substitute, Binance is no longer just a cryptocurrency exchange with its BNB exchange token, it is already a platform with a whole ecosystem, which includes the most relevant tools such as DeFi, DEX and even its own stable token. All this brought Binance to a new level and now its BNB coin has every opportunity to show growth and move other top cryptocurrencies. |
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I plan to transfer DEGO tokens to my wallet, and see how much it will cost me for fees alone. This is driving me crazy   You are right, high fees on the Ethereum network are insane, which prevents ordinary crypto users and novice and small traders from using the Ethereum network. Personally, I have a part of the tokens in the erc20 format and I cannot transfer them to the exchange, so I have to pay a commission of $ 10 or more. Perhaps for some, this is an insignificant amount, but for part of the crypto community, this is the money that they would like to have as profit, and not give it away for paying commissions. I believe that at the moment Ethereum does not have a solution to the problems associated with the high cost of commissions, and if there is one, then they do not use it on purpose. |
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I like crypto but, as a merchant and business owner, price volatility keeps me from accepting it. The price is heavily influenced by hype and FUD and I can't afford to lose half my wealth from a random crash. And what would it do to the global economy if everyone blindly jumped in without some sort of protection from a massive loss of wealth?
Solution- price limits!
If even one crypto exchange in the world adopted a policy to limit the prices of buy and sell orders to within a small percentage of the daily opening price, say +/- 1% for example, volatility would disappear. Bitcoin is currently priced around $50k, this would limit Bitcoin volatility to no more or less than $500 a day.
Here's how the market would react.
1. If the price of a coin is lower on other exchanges, traders will buy from them and sell on this, right? That will cause the price on those exchanges to rise.
2. If the price is higher on other exchanges, traders will buy from this exchange to sell on those, right? That will cause the price on those exchanges to fall.
This means the market will keep correcting itself until all prices are closely pegged to the prices on this exchange.
I believe that BTC is attractive at the moment precisely because its price can change. It so happened that the high volatility of the price of BTC attracts a lot of players and ordinary investors, I would say, everyone who wants to make money quickly. Based on this, for a number of companies that would like to invest in BTC, this causes caution, since you yourself wrote that you would not want to spend your funds in case of something. BTC is probably for those who can take risks or see and know more than others. In any case, all investments always carry risks of loss, but vice versa, as with BTC, they can bring great profits. |
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If you delve into the history of the emergence and development of money, you can see that each time the money changed, becoming a more convenient and simple way of payment. Were there opponents of such changes in those days? Of course, there was and in the end money changed and became the way we know it now. As for non-cash money, then of course they, like cash, have a number of positive aspects, as well as a number of negative ones. For example, losing money is easier than cash than non-cash, but both of them can steal money from you. But no matter how it was, with the development of the world, money will also change and we cannot get away from it.
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Congratulations guys, we have finally crossed the biggest milestone of the decade and our lovely BTC is now over $1 trillion in marketcap. Hope BTC continues to rally higher and higher, and make many new millionaires in the crypto world and may this bull run give every single person a chance to make a buck as long as they invest wisely and carefully.
Indeed, this is a very important event for Bitcoin and all its investors, as it brings BTC as a new promising asset ahead of other successful companies. I don’t want to miss the mark, but probably BTC plans to become number one in the list of successful companies and it will probably drive a lot of people crazy, in a good sense of the word. All this is due to the fact that large companies do not know where to put their accumulated savings in order to preserve them and increase, and BTC has shown itself to be one of the best assets for this. The main thing now, if you have already bought BTC, know your goal exactly and manage to take profit. |
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As bitcoin all time high battling to be $ 49000 , ether is also all time high in $1850
I don't think BTC is fighting ETH or ETH versus BTC. The fact is that BTC and ETH have different tasks, and if we look at the times of the emergence of cryptocurrencies, we will see that at first there was BTC and only then ETH was developed, on the basis of which various platforms and cryptocurrencies began to appear. For me, ETH is the fuel for BTC and the development of the entire crypto industry. So BTC and ETH do not fight each other, but on the contrary supplement and help each other develop and reach new heights. |
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I started selling. I was confused is it good to exit and buy low later.
My buying price was also good and investment not much.
I was in a loss of around 300$ almost
It started gaining i stopped. Selling and decided to wait for it to come back. I am in 300$ loss currently Total investment was 689$ all in spots currently.
What do you all say?
I believe that you were probably in a hurry when you sold your crypto asset, since you are now at a loss of $ 300. Possible reasons: you did not choose the right crypto asset for investment, you did not have a plan for your investment, or you just sold your crypto asset early. I understand perfectly well that it is very difficult to do everything correctly by investing in cryptocurrency. This is due to the fact that now it is very difficult to make the right decision, since we are always afraid of losing all the money or selling the crypto asset too early. I think you need to re-evaluate your investment and make a better decision for further action. Personally, I am currently holding my crypto assets in the hope of even more growth. |
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Richest people getting ready for economic crash.
As many instutions and banks going in crypto so they selling crypto to people to average people before crash to buy assets cheap.
Becouse when alot middle class and poor people start buying it means crash is near.
This is probably how it is. In the US, the dollar is printed in very large quantities, the same is done in Europe and probably in some other countries. All this threatens them with high inflation, which means there will be a collapse of production. Where to get so much free money? Of course, buy various assets on them, for example, cryptocurrencies. It is very likely that very soon, something will happen and it will be something bad. What should we do? I believe that we also need to try, if possible, to distribute our investments among different assets and closely monitor what is happening in the world. |
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I seen that cryptocurrency want to be highjacked by rich people, looking around countries currently, its noticeable that bitcoin increase everyday, every week and every months, the more rich people are investing with cryptocurrency the more government attacks cryptocurrency, most countries that values crypto today is having challenges with government, since bitcoin is important to the extent that top people invest on bitcoin why can't government alone adoption of bitcoin.The Rich's are causing eradication of cryptocurrency
Across the world.
* If I many ask what is the major reason while some countries ruling class ban bitcoin transaction?
* What is the negative effects using crypto as currency?
* what harm does bitcoin contributes a country that can lead to ban?
Indeed, it has become more and more obvious lately that rich people are interested in ordinary people not being able to buy cryptocurrency, or simply getting rid of it altogether. They themselves are buying up crypto assets in large quantities while releasing news in which they do not recommend buying cryptocurrencies. Information about new bans on cryptocurrency is also spreading very quickly and apparently the rich want to completely control the entire crypto sphere and make it so that ordinary people cannot make money on it. |
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Hi im new here. just want to hear your thoughts on ETH.. its been hanging around at 1200. Thanks
As you have already noticed, ETH is already showing growth and its price will very soon reach $ 2,000 per 1ETH. According to analysts, ETH in this cycle may show super growth and may well create x10 from its previous price peak. My opinion is that this can happen because now large companies have turned their attention to cryptocurrencies and are actively buying both BTC and ETH, as well as other crypto assets. Probably 2021 will be the year of growth for cryptocurrencies, and later this year we will see new higher highs for ETH and other cryptocurrencies. |
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I've been looking to invest in some rising altcoins for quite a while now. Any suggestions for temporary investment?  I can't recommend you the altcoins you could invest in, but I can share with you what altcoins I bought. The first is ETH, I believe that it should show even greater growth at least until the end of the year. The second altcoin is LTC. At the moment, LTC has not yet reached its previous price peak and is now confidently moving up. I believe that LTC should show growth at least up to $ 400-500 per coin. I don't have such a large investment portfolio, but I was happy to share my vision with you. |
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