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The difference between the traditional system and the cryptocurrency is that once the money is transferred to the cryptocurrency, it is never possible to get it back in any way. Only possible if the receiver re-sends. So you have to be very careful while doing every transaction otherwise have the possibility to lost your assets.
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This allegation has been denied by Binance. If you want to trade in a centralized exchange, you must do KYC. However, it is not safe all the moment. In this concern it is better to use decentralized exchange.
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We should not expect more because we have seen that after the purchasing the twitter by Elon Musk, the share price of his Tesla company has taken a big hit, a large number of amount decrease with in short of time. Since they are big players, anything is possible. After all we expect positively.
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I think the good days of Bitcoin are coming. Every beginning of bull market we get a bear market as well. The current Bitcoin price is still relatively good. However, its price has been steadily declining for several days. However, the market can run better from here. I think it is a natural process of crypto currency trading market.
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It is clear that the more you put in your asset stacking, the higher the return. It depends entirely on yourself. There are many people here who have made a good fortune by stacking large amounts of assets. Moreover, the conventional bank cannot give this amount of annual return. So I applaud it.
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The big market of uncertainty is cryptocurrency so everything here is based on speculation. Since Elon Musk is now the richest man in the world. Many people are commenting on it, but in reality it could be a different picture. I don't believe that doge coin would be the next BTC. It is impossible as we know that it is only a meme coin.
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We are all looking forward to that day. We have been waiting since the end of last year. Many people think that the next 2023-2024 years will be a new chapter in cryptocurrency. However, since it cannot be said with certainty. In that case any day any time it could start the bull session again. However, crypto expert are predicting that it will come to the bottom and start a big bull session again.
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Lots of coins are being added to the crypto market every day. But all of them can not survive. Many projects have been died again after surviving in the market for a while. So we need to focus on those altcoins that have direct use case.
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Polygon is one of the chains where have the possibility to get maximum benefit. If you trade in this chain you will get the differentiation. The demand for this coin is increasing day by day. Last year it was priced at 2.88 as ATH. Hopefully next bull run we can see it $7-9 and next few years later we will get it more then $15.
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There is nothing new to say about Bitcoin. There is no end to the curiosity of those who are new to the crypto world about Bitcoin. Bitcoin holders are constantly growing. More volatile so price fluctuation is relatively high but it is in a normal process. There is no special reason here.
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There is no alternative way to remove them just ignore. Don't try to sell it any unknown coin by your wallet other wise it may reduce or lost your assets. Basically it those tokens provide by the hackers or scammers so avoiding is the best solution to get rid of the risk.
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Guys, any suggestions for short-term investment?
In cryptocurrency, good results are obtained by trading in both short and long stages. However, there are some assets in which trading is less profitable but less time consuming and there are some assets where you have to wait a long time to ্get according to your expectation. So if you invest some coins like Bitcoin BNB, Ether and Matic then you can make profit in shortest possible of time. |
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Trading is a vast technical place where everyone trades for profit but cannot succeed there. It doesn't matter who is new or who is experienced. Those who deviate from the determining track will also have to pay the forfeit.
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I like new projects but the biggest risk remains. If someone invests in a new project, it is very easy to gain if it is good. on the contrary, then you can face a big loss which is very difficult to recover. Moreover, scammers make new projects constantly. So it is better to invest with caution.
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Its seems to me two way is really appreciable. One is to work at Bounty and the other is to invest in some of the world's top coins. Those two ways are much worthy to me. According to me these strategies are appropriate for all the time.
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I personally believed that this project and its CEO was very mature and honest but there is no hope after such type of scamming. This is happening again and again in this market. I am learning Beyond Protocol is a project where even the CEO or their partners create such a situation. The value of their coin was $35-40 or more. After successfully making the drama the price reduce to 6 cents. After all investors are fallen in trap.
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Same Old feeling  When the Bull market comes it always feels like it's here to stay and many ends up believing that there is no such thing as a bear market. When the Bear market comes everyone feels like it's over for crypto and no Bull market is coming again, maybe because got tired of holding on and on. In the crypto space no condition is permanent, get ready for both sides because they are inevitable. It is true that the crypto market is never be in the same position all the time. It can be changed at any time. Even if there is a bear market today, the bull market may come tomorrow. There is nothing to worry about it. Every one just need to be determined regarding the issue. Here patience is the key to success. |
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Buying Bitcoin at this time is very difficult especially for beginners as the price increased more, If you have financial support then Bitcoin is the best option for investment. If not then it is better to purchase Altcoins. In this case Ether is still buying zone and there are also some more altcoins including BNB, Solna which are safer then others altcoins.
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