The way the BTC is going now, I cannot see it have any breath or major correction until it get to 36k, it looks ridiculous but it will happen. Year 2021 will be great for cryptocurrencies.
36k Price range is a pretty reasonable number, but I think we'll look at some market cycles first before continuing the next bull run. Maybe in 2021 bitcoin will be struggling in the price range of 25k-30k |
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I will never join such a project which have team member are hidden even it is in market and trading in good exchanges as the team member are the keys for the project and if there is a silent team or hidden team then something is wrong.
Why take the risk of investing in a project with anonymous team. I am sure there are still many projects with high credibility that provide products and solutions to current problems, will not take risks by investing in projects with the Anonymous team |
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Researching and proper risk management are the keys in order to become a profitable investors or traders if you are new in this type of market. You should be aware on how volatile is the cryptocurrency because in a single day a cryptocurrency can go up and can go down more than 50%. By researching well, you can become prepared on different obstacles that you may face where you can prevent yourself to have huge losses.
Research is also important, but the most important thing in trading is how you can control your greed, where you hope that you will continue to get profit and it will make you lose. Greed is something that is very bad if you apply it in trading |
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The only thing in my mind when it comes to that is the online shopping business.
We all know that people are sick and tired of this quarantine things, and people want to go outside to go shopping but they can't. So I'm thinking about investing in to an online shops where different kind of things are there, especially those things that the people liked to have like pajamas, accessories, and other stuffs.
I think that is a good idea and people will love it when you sell the things that they are looking for online.
E-commerce has a very large market capitalization in almost all countries in the world. and almost everyone will also use the e-commerce platform because of the encouragement of industry 4.0. Good choice |
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I have a strong feeling that this trade pact between these countries have been triggered by the pandemic. Seeing how this agreement has been pending for 8 years and then suddenly when the pandemic is here all of the countries have agreed to a trade pact. This will be of course about focusing on rebuilding their economy much faster with their exports and people will be taking advantage of it in all industry especially in the agricultural industry which I see is deeply affected in some countries part of the pact.
I'm not really sure about the pandemic, but is the pandemic a momentum for China? I just feel that the country that has benefited the most from this agreement is China |
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Whether the price of bitcoin will go above the previous ath can be proved based on the market situation on starting of the upcoming month. Most of the year have provided with growth during the month of December. This time too we can expect the same to take place. Already we're holding within $15800 - $16500, and if the growth rate goes high for a while we'll see a new ath in 2020. Anyhow reaching out the ath won't make the price sustain for longer time period.
I think the sustainability bullrun this time is much different when compared to 2017. This time, bitcoin is much stronger and also has the support of a major party which will make bitcoin a more credible position |
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The hype I don't know, but Defi definitely isn't over. Just look how the charts are right now:  Keep in mind Defi is much more than priceless tokens that are created with sole speculative purposes. There is a total concept behind Decentralized Finances which can be used by different sectors and internet niches with real usages and benefits to its users, not only financial speculative ones. The hype for defi is still not over, you can also see in the picture that chainlink and the others are still performing pretty well. DeFi has indeed declined slightly due to several scam projects that have made the credibility of several other projects decrease, but now it seems that DeFi still has a fairly strong position in the market |
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Ripple has a pretty good investment track record, but I have never seen it even close to the bitcoin level, besides that it is also centralized which makes people including me not really like it.
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Yes, when I was just new in the industry I was fooled by believing in the word "HODL". I've got lots of potential tokens during that time and if I have sold it then I supposedly profit a lot. But I do believe in the word HODL that time so I lose lots and never get ROI anymore. Now I can see those tokens just a display on my wallet.
I've also had the wrong decision because of HODL. maybe we shouldn't be too greedy, and have to understand where we should sell these coins at the best price. I'm not against hodl, but in my opinion hodl only applies to coins with a high level of development with a credible and competent team. |
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It is very clear that the current pandemic greatly affects buying and selling behavior. E-commerce is a big thing because we are forced to carry out almost all activities from home. On the other hand, crypto is also currently experiencing a very positive trend, I only hope that the current conditions might increase crypto's credibility even for ordinary people who were previously not very familiar with crypto.
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They are clearly different in every aspect and no resemblance. Anything that can replace the other is what are the same maybe in shape or size, function and operation but bitcoin, gold or oil are not same. In talking about oil, how can oil be in same thing with bitcoin to be replaced? Not possible I think so.
That's right, I'm also not sure that bitcoin can even be on their level as one of the primary businesses in some major countries. Gold and oil have a vital and strong position where they are the reserves of state assets |
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I think every crypto traders knows better that Bitcoin and Ethereum are the two best coins but if you asking besides these two then I am observing OGN, CRV, and Nexo for the last few weeks these projects are trending and looking great projects.
I've seen Nexo a lot, but I'm not sure about nexo as an investment. Bitcoin and ethereum are still favorites because they have proven to be profitable investments |
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Some projects have had to stop for several reasons: - Lack of funds
- This project was created by a scammer who just wanted to make money and didn't really want to build the project.
Fund is very important in the development of a project, a good project is a project with effective sustainability. ofcourse, many projects stop operating because of wrong financial operations, so using funds is quite vital |
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There is possibility that we will see new altcoin season this year or 2021 so
1. Don't put your eggs in one basket
2. Mix both top altcoins and new promising projects
3. DeFi projects aren't all scam, we have few good DeFi projects just DYOR
4. Don't entirely believe that altcoin season will come, take profits and hold some coins but still take profits
I totally agree with you on point 4. Hold is great if the project is very potential, but if you've already made a pretty good profit, don't be too greedy to hold on for longer in the hope that the price will continue to rise. The most important thing is how we get a decent profit |
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New tokens will continue to emerge due to several aspects such as crypto trend and profit. For most projects, they don't create a project to solve a problem or come up with a solution, that's why a lot of projects with shitcoin come and go.
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Titan Coin is a zombie Alt because it is terrible to see the price ATH of this Alt which once reached $1300 but now the price of this coin only $0.00350623 and it is stupid if someone willing to bet to buy this Alt because the price comparison is very far.
This is the first time I am hearing about a project called Titan. May I know when did the coin reach $1300? TBH if a coin ever got dumped from 1300 to just .003 that coin would never be in my portfolio. I also never heard this coin named in Titan .Is really any coin get dumped after hitting 13000$ .Its only a shit project if anything happen like this .However i really research heard before invest .I will never buy such a coin which has got really a shit dump. Investing in top coins is much safer. Nor would I ever invest in a pump dump coin that "looks" manipulative. So far, bitcoin alone is enough to be a good and very profitable investment |
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Locking down for four to six weeks will hurt the economy, and the funniest thing is that even after the lockdown you will still be seeing cases of coronavirus. I just don’t get it, my country went for a lockdown like two months, even while on lockdown the reports were still showing increasing number of coronavirus cases.
Lockdown has helped tremendously in many countries though I am not sure why it didn't work in your country. It all comes down to whether the people abide by the rules or not at the end of the day. I think lockdowns don't always work well depending on the situation in a particular country. In some countries with high population density and which are still traditional, lockdowns will not run smoothly because it is not their culture. But if you look at New Zealand, they managed to lockdown perfectly. So for every lockdown case, it is not the lockdown that is wrong, but how the lockdown system is implemented in a country. the country's leaders must be able to take quick action in preventive action. The economy will not die if they integrate the right system in a country. |
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The manipulation are really scary especially if you have high position and then suddenly a huge dump appear, most of the new projects have manipulators where the volatility really spike hard. Imagine you buy then suddenly huge dump appeared, how can you able to handle it? it is the reason why I often avoid buying new token that is recently listed because most of it are just dumping so for me it is better to avoid than to incur huge amount of losses. Manipulative action is absolutely not justified because it will only benefit a few parties. I don't think it will happen to top coins, maybe it's just some "new projects" that have such an action. so before investing in a new project make sure you do thorough research as a preventative measure. |
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It's not altcoins time yet, when ever bitcoin is bullish altcoins won't start surging instantly so there is no trouble around altcoins presently, this is just another room for more altcoin adoption, I believe now is the best time for accumulation, after bitcoin Bullrun altcoins will definitely take over
Some of the top altcoins actually follow the bitcoin bullrun trend, maybe at the moment it doesn't really look like this trend, but where bitcoin will hit a new ATH, they will make all crypto space experience a good positive impact |
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First, what are the projects they offer? what is their technology and where do they get the credibility of the project? There are some great projects whose teams are anonymous, but they clearly offer innovative technology and solutions. and some reputable people recognize the technology. However, the story is different if it is just a project with an anonymous team without credibility, without transparency and without clear technology, it is definitely a big NO.
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