No need to worry because ethereum will rise higher, and we can only wait for that. I am sure that it will not take too long to see ethereum will start rising, and if bitcoin price can back to the high price, ethereum will follow behind bitcoin. At that time, I think not just ethereum will increase, but the other coins will increase too. The companies still watch on bitcoin because they will not want to be late to invest in bitcoin this time.
It is already at around 1800 dollars right now, when this topic was created it was around 1.1k and that shows how it could go up a lot very quickly. In around a month it moved from 1.1k dollars to 1.8k dollars and I agree that it will continue to go up. Of course it is not going to be instant, we are not going to wake up and see ethereum at 3k+ tomorrow, but I do think that it will go up. It is going to be very fun to hold ethereum during this period, I am not planning on selling it at all, not for years, I can hold it for 10+ years and I believe it is going to be 50k+ in 10+ years as well, just like bitcoin did. Some people think it is impossible but the way crypto world increases and the amount of things ethereum team is planning, in 10+ years it is going to be basically one of the most powerful things in the world and be in top 20 assets in the world amongts anything. |
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DASH can start growing unexpectedly for everyone at any time. Compared to many altcoins, DASH already offers many solutions for e-commerce and offline retail points of sale. The full launch of DashPay will push the price to new heights.
Honestly it could have an unexpected increase but I do not think it will be at ATH anytime soon. By logic crypto currencies all go up overtime because more and more people use it and like it and invest into it so maybe one day DASH will pass the ATH but it is not going to outpace any of the higher and better currencies. While everything else increased like hell DASH was going down in the list, sure it went up in price too that is true, but growing higher slower than others growing higher is basically the problem and that is what I think is the problem. This is why I think DASH may not be a great choice to invest right now, it is getting less and less wanted. The biggest thing they had was the masternode passive income thing and now with defi that is not even that tempting and it is definitely not good at all, defi tokens are a lot better at that topic. |
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Just a curious question.
How long can this BULL run last??
As there will be a huge correction inevitably.
The bullish market has already lasted more than what I expected, so this time around I can’t tell you when it’s going to be over. When I thought it was going to be over was around January and that never happened , but it still continued after a slight bearish market that took the market from the price of 40,000 dollars down to 30,000 dollars, and now the market has started moving up again and has reached back to 48,000 dollars, so the question is what next ? Are we going to see the market reach 50,000 dollars? And will it get pass this price as well? That’s the questions we can’t really answer. I have seen a lot of predictions for 100,000 dollars price, let’s see if that’s what is about to happen. |
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Even if it is a meme coin it's a very stable coin with a huge community, and have created a huge impact in the community, there are only a few coins that's been around long like Dogecoin, it's a meme coin that finally got attention from the richest man in the world, I have not questioning Elon Musk intention Dogecoin is an underrated coin in the market, congratulations to those bag holders they finally realize profit.
It is not a "very stable coin" as you have seen in the last 1 week, it is the least stable coin you could find because it moves like crazy whenever there is a pump, and this is not the first time Elon ever pumped a coin, we have seen him pump Doge before as well, this time around he pumped BTC with it as well. However no matter how awesome the community is, how Elon pumps and shills for it, and however the hell reason it went up, we can definitely say that it is not a stable one at all, it is very volatile and it is evident from the increase. The only thing that makes dogecoin good is the type of people that invest into it, it is not the same serious and "I want to make money asap!!" type of crowd, it is the joking around crowd which means they are not really after getting rich by buying dogecoin, they just want to take part in the fun everyone is having and that is a good reason to go up. |
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I really can't confirm that the data that says only 2% of addresses hold 1 Bitcoin is correct. But even though the data is proven correct, maybe because some Bitcoin holders do store Bitcoin in more than one wallet.
Another thing is that some investors keep their funds into exchanges like Binance and hence it is really impossible to track who holds how many bitcoins. There are about 28 million non-zero Bitcoin addresses. Do you think 560k people holding 1BTC or more is a small number?
Not at all and actually I believe 2% is a massive number because if I would do a survey online and ask how many bitcoins they hold right now there would be like 1 answer among 100 who would say they have more than 1 bitcoin in a single address. Note when we make transactions we don't send full amounts and the remaining amount in our wallet is then sent to another address. I mean the balance gets spread among several addresses quite quickly. |
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so that who does not say, but stablecoins have always been in demand in the cryptocurrency market and helped users to minimize their losses during the fall in cryptocurrency rates. It is possible to compare the indicators of 2016, 2017 and 2018, when the cryptocurrency grew and fell very low, but stablecoins remained at their level and gave many cryptocurrency users the opportunity to preserve their capital.
That is the reason why there is massive trading volume for USDT in the market because people have found something to rely on during a swinging market and actually earlier we had to trade the BTC/ETH market because USDT was not there, now with the introduction of Tether or lets say stablecoins we get a good pair and some stability even in the highly volatile crypto market. I remember years back once when BTC was falling down, I had to pay a 10% fees and convert my bitcoins into my fiat currency because I was afraid the price might go down even further by the next morning and this problem is now solved with the introduction of stable coins. I wish I had not sold my coins years back, feels bad everytime I think about it. |
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Exchanges such as Binance or crypto.com are the easiest way to get crypto as far as I know. For a newbie, if he googles "buy crypto", these links still will be first on the list.
Paypal first need to expand list of countries, who are able to buy bitcoin. So far only US Paypal users can by cryptocurrency. Also they need to make their "Bitcoin" as a real Bitcoin. Give users privatkeys and allow to trade Bitcoin not only within their platform. Btw, interesting to see the amount of new crypto Paypal users, that have registered on the platform only to trade Bitcoin.
I do not think that binance allows you to "buy bitcoin" in any form for most countries, sure they could be available in some nations but for many nations they are just an altcoin exchange where you buy and sell crypto between each other but there is no connection of binance with your bank account, hence it is not possible to buy bitcoin from binance. Secondly I think it is quite evident that we are not in a situation where paypal could be available for crypto in many nations, it could be tested and asked for but it is going to take some time. Why? Because people are not really checking how laws work, paypal does check that and takes that seriously. Moreover, if Paypal wants to open bitcoin purchases and so forth just like how they did in USA but for another country, there is a lot of paperwork they have to handle before they can start that, which means a lot of time back and forth between paypal and authorities. |
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I am a starting player at the BTCitcoin trading world- haven't bought any yet. Just a young man looking for investing his money from high school, and I don't know where to start!  How did you start trading in bitcoin? How could I do that too? Do you have any tips for begginers? People get in at very different periods, its not really that weird to see that some people get in at 2012 and never made a dime but some people who got in at 2017 peak who we assume would make the most losses, ended up with a lot of profit. Of course there are many examples of the reverse as well, there are many people who made a profit from buying early on and many who lost during crashes but that is not the rule, there are many different people. So, I think when you start doesn't really matter, or not even how you start matters, it depends on what you did afterwards. I have a friend who got in at 20k in bitcoin during 2017 peak, he bought 7 bitcoins, he started to lose so he started to do TA trading and bought and sold altcoins for the past 3-4 years and now he has 50+ bitcoins, dude didn't give up and ran away, he kept grinding more and more, everyone should try to do that. |
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I also think that this applies to stocks as well or in investing in general as we rely on probabilities. If there is any absolute guarantee on the results of something, then most probably, all of us would have been rich at this point.
Trading cryptocurrencies rely heavily on its volatility on the market. With its supply and demand, its price may change without any notice. I remember, I have an acquaintance who traded bitcoin as his primary job. Although he earns big amounts of return, he also losses big since the amount he wagers is around 10-20 btc per transaction.
For stock market it is not the same, because at the end of the day in stock market you end up with a company and a stock based on that company, so it is not just "probabilities" there. Of course the market could crash out of nowhere for no reason at all, or we could have a horrible day for a company where there is a big fire in the building and it sets the business back for a while, etc etc those type of things are quite possible and definitely valid in many places. However most of the time there is a company, that company does a business, it grows big and big, and the stock price goes bigger and bigger and that is about it, that is the end of the story. Sometimes there are crashes, sometimes there are companies that bankrupts and so forth, but they are rarely unpredictable, it is almost always predictable and thats why I think it is not like crypto. |
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It's really painful for only small crypto hodlers to make any transections of defi projects on ethereum blockchain. On the other hand, whales can do any transections without any problems as they have enough funds to do so. BTW, we just need to wait for the 2nd phase of ETH2.0 where sharding chain will be added which will helps the ethereum network to maintain gas fee to a normal level which might be started to implement in Q4 of 2021 or Q1 of 2022.
During that period, I would highly suggest you and anyone else who doesn't have a lot of money to check out Binance smart chain, it is basically like ethereum smart chain but instead of having this huge high fee situation, you have few cents at most, I have always paid under 1 dollars for everything without exception. They have great projects there too, in fact I believe they have better projects there because the ones that are good are good and long term while the ones that are bad all seen and shown so that people do not invest into it, Binance itself invests a lot of money to many of them as well. At the end of the day, if you want to still be in the DeFi world and if you want to not spend too much on the fee's, I definitely suggest checking out BSC, that way you would be capable of putting money into things that make you money without making others richer. |
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Yes, like what we have seen so far ... etherem is growing and it is likely that ETH will reach $ 2000 this year, it's different with BCH which is just silent without any movement at all, I think currently traders only focus on altcoins that are growing like ETH, for the time being, people have put aside slow growing altcoins like BCH, but BCH is one of the old altcoins that have great potential, but unfortunately its prestige is falling because ETH is growing day by day ,,,,
The reason why ETH went up this much is the fact that whales and big corporations realized that bitcoin is doing great but they could do amazing job with ethereum as well, they are finally realizing that there are other coins than bitcoin and obviously the first choice was ethereum in that regard. However they are not really familiar with BCH and I think we know how awesome ETH is with defi and dapp and other stuff, thousands of things are built upon the ethereum blockchain every single day, whcih means there are thousands of reasons to own ethereum and spend it as well. Hence why I think it is obvious why people buy ETH, we do not have that type of logic behind BCH and that is the problem, we are talking about BCH here and aside from miners requesting more profits from the mining operations they do, there is really nothing else BCH stands for and should be bought for. |
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The dream of seeing Pundix to reach $1 is slowly fading, I thought for awhile that PundiX is done, but I'm happy to see some signs that it's still alive now. This token is suppose to be as supply token but when they do a coin swap from PUndix to NPXS, the supply has increase.
It has faded long time ago, people like to talk about huge numbers because those are the ones that make them feel better about themselves, because that is how they could actually change their life's. If NPXS ever reaches 1 dollars, that means someone who bought 100 dollars worth of NPXS today would be a millionaire by the end (more like 220k but you get it). There is nothing else in the world where you can spend 100 bucks and get 220k back, this is not really possible neither, but that is what they are hoping for. They talk about XRP becoming 5 dollars, they talk about bitcoin being a million dollars, everyone talks about huge gains, even doge was talked about 1 dollars which is 33x higher. Sure this NPXS to 1 dollar is the biggest increase I have seen from all of this, but at the end of the day we are still talking about the same idea of "finally rich!" feeling people are hoping for. |
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I hope that is just not the reason for the sudden pump.
Or, we won't expect anything anymore but just waiting for those popular guys to say something about cryptocurrencies.
It should always be about the demand and a good feature of a project.
Not because of a hype made by someone because it sounds fake. Therefore, we might lose more small investors that rely upon the future.
Well some famous people saying something is also demand, we do not have to wait for them in order to go up each time, but it is also not a bad thing neither, it is basically "another reason" and that's it. Think about all the times we have seen names of big corporations buying bitcoin that made others buy bitcoin as well and increase the price, grayscale bought a lot of bitcoin and that impacted other people to buy as well and increased the price, or maybe there was some bad news and price went down. This is pure speculation and it always existed, way before Elon musk, way before anyone else, it was always there and it was always available for people. I personally think that the best way to approach this situation would be not ignoring it, but also not thinking this is any bigger than major news that impacts the crypto world because that's all it is. |
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As a citizen that has lived long enough and has reach the age of reason, we should know by now that any words or promises made by politicians are nothing but BS that needs to be said so they can win the people's confidence into voting them into power. I saw a post in Twitter about the similarity of the people believing in politician's promise to the people who believes that the prostitutes are in love with them.
To answer the question as to whether Biden's administration will be good for business, definitely women and minorities will be a highlight in their presidency but the recent ghosting of their administration on the BLM movement after the election will definitely be a factor in this part; most programs and regulations will be targeting the recovery of the economy and considering small business are hit the hardest although they are making the big part in economy, which could mean that there is a possibility that most programs and regulations will be good for small businesses. And maybe they will give power to some big fintech companies. In conclusion, this administration will be a mixed bag.
I am pretty sure there is a difference between women and minorities issues versus economical issues. One of them is fiscal whereas the other is social and Biden could be a bit more liberal when it comes to social stuff so we will definitely see improvements on the lives of minorities and women but he is also financially fiscal person as well, he will not let the debt get out of control and economy to crash. He already passed a 1.9 trillion dollar package that mostly helped the poorer people, planning to rise the nation to its feet from the bottom up so that we could actually have a recovery and not just some rich folks being able to afford their third yacth with a new tax cut. He is going to get the american working machine all riled up and will make his presidency a great deal about how financially recovered USA will be by the end of his term. |
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These coins are in the top 100 at cheap prices with low max supply, which of these coins has been established for years maintaining its top 100 rankings + which ones haven't been heavily premined + has a real world usage + not a shit/scam coin + has good fundamentals + very active project with regular updates from the coin team.
Which of these coins are new if not established and in what trend? De-Fi?
I think having ethereum, bnb, ada, uni and wave will be enough for me. Of course I have most of my money in bitcoin, so I am not even talking about that since we are in altcoin section of the topic here, which is why I think it is quite obvious that people want to talk about altcoins. However rest of my money is distributed between these coins, ethereum because we all know how awesome ethereum is and already made a very decent return from it as well, bnb because binance is trying to replace ethereum with bnb, will they succeed or not is undecided but at least it helps bnb price to go up so much, ada because they have great developers working very hard on it, uni because it is a brand new technology which can be improved but has a huge potential, and lastly wave because that is a coin I had waaay back over a year ago and decided just not to sell. |
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Depend with trader it self how to manage with profit but for trading is faster way to earn much profit and investing need waiting for long time although get more profitable than trading, but if some one have much money and hold for long time so investing is the best way for them but for me keep trading is the best solution right now, just want to earn profit every day or every time is better than have waiting for long time.
Actually people often separate trading and investing but I have always seen both the aspects together because investing and divesting are the two most crucial aspects of trading since the best time to buy is investing and the best time to sell is divesting. One who has the skill and sharpness when to buy should invest and one who has both the skills of when to buy and when to sell should always go for trading because like even you mentioned, trading has more frequent profits while investing yields huge profits but require more time and patience which are only possible if you have enough financial stability. |
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You read that from twitter/blog/Another BS social media channel - Learn to ignore all that. When you are into cryptocurrency trading which is one of the most psychologically demanding trading processes, you have to avoid all types of manipulation.
I could tell you a random percentage, does not mean that it will be correct to manage your risk. In general in gambling 10% of your capital is max to be used in each bet. You could apply the same to trading. Of course lower than that is also a safe bet.
What I can suggest you is to try trading yourself and see how you can manage your capital and lower your risk by doing research on what you are buying. Specific numbers dont help here, rather quick and calculated decisions do.
You should not "ignore" all that bullshit because those are the same people who end up trading as well and that is why what they say is important. Is it still bullshit and they are just making up stuff that is obviously wrong and they just create assumptions and sell it as predictions? Of course, they are the most vital piece of .. thing in the world and they should always be seen as lower level scum who try to scam people via their prediction selling and so forth. There are horrible people in social media and this is not just true in crypto, this is true in everything about life. However we should still care about it, not agree not accept but care about it because what they do may have some consequences and that is why we should be checking it up, it is like having this politician you hate but you still read the news of it, same logic applies here as well. |
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trading or investing, a topic that always attracts attention and is discussed, I think trading or investing really depends on the coins we want to buy, there are coins that are suitable for trading and some are suitable for long-term investments. so you should know the type of coin you want to buy
Trading vs investing is always the hot topic and there are both kind of supporters but I would say that projects that are being worked on like polkadot, you should look to invest in such projects while tokens like uniswap who don't have a great future, at least that's how I think about them and those tokens which are performing good but don't have a definitive future then you should look to trade them. Problem with investing heavy into altcoins is that you never know how they are going to look in the extended run and that is why don't get too touchy with the coins you hold and try to sell them once you believe the market price is enough and greed is always there but you have to make up your mind at some point. |
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This is dogecoin just being dogecoin, dogecoin has a tendency of not doing much for months and then pump out of nowhere unexpectedly so I will not put too much attention to it, if you were invested in it then congratulations, if you did not then then do not bother as most likely it is too late already for anyone trying to chase profits to make money with dogecoin and they are better off trying to find other coins in which they can invest.
That is because price is cheap and people can buy a lot of it but the main reason is that people like to see having thousands of something as well, the market cap is not huge neither, it is not tiny neither but it is not a top 10 coin so it makes things easier. Plus it has been like this forever so people know that doge will pump eventually, it did recently and I can guarantee you that it will happen at least one more time this year again. I guess it is a bit about how it was created as a fun/joke thing and nobody should have cared about it but they did, so it is a proof that decentralized currencies gives people power and that power allows them to do whatever they want with their money, which could be pumping some meme coin as well as long as they want to, it is a freedom of finances thing that is basically a stance and a message with dogecoin going so high time to time. |
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~snip~
This has shown that united we are stronger than institutions. And they have shown that what they call free market is not as they have blocked the possibility of withdrawing GameStop shares. This pump showed also how are delicate some balances! Do not forget that this "fall" was mainly for two reasons, one of them is the fact that people with billions, tens of billions of dollars were all acting together to drop the price and wall street put all their effort into this, secondly the price was already much lower and made a 50x return even at 92 dollars a share. Certainly having 300+ even 400+ dollars was a shocking sight to see and lost wall street a ton of money as well, that was a good period however 92 dollars is nothing, we were at under 5 bucks for a very long time and this increase is still quite stronger than anything else we have seen so far from gamestop. This just makes it much more clearer that if we want to, humans could get together and build a community of movement financially to make it work and beat wall street if we want to. Look at crypto for biggest example, people who were fed up with fiat came in here and created something huge. |
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