Do you believe the person, and what they say. If you believe, you can follow him as your financial advisor. I'm only here to see people who are on this forum, of course more trusted than people who talk out there. Many trusted managers in this forum, follow them, you will succeed.
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What has caused the crypto market's mood to decline in recent days? I lost quite a lot in crypto trading this month. Let us discuss it with enough insight and hope that in June Susana will return to a stable green, Thank you friends.
Is this issue one of the problems of the current crypto price decline? https://fortune.com/2021/05/21/china-ban-bitcoin-price-bubble-crypto/Of course we hope that this is not the main problem, so that the price growth of Bitcoin and other cryptos will return to normal.
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I am increasingly reading highly concerning analyses of Tether, saying that it is has not been audited, could cause crypto markets to crash, etc.
What do we actually know about this situation? Should we be listening to the Cassandras on this one?
Yes. There are a lot of issues about Tether right now. Maybe the SEC hasn't checked whether Tether's developers have that much fiat. Since the value of Tether must be equivalent to USD, if the devs are not able to maintain that value, then Tether will have problems. This is seen from the addition of Tether supply every year.
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Hello everyone! So with the hype around crypto that Elon Musk is creating and with the news about possibility of acquisition of any Tesla car with crypto, comes my question: Would you buy a Tesla with BTC or ETH? Aren't we going to regret it? In future, will this turn to an event similar to "Bitcoin Pizza Day" where people will be sayin that someone spend a whole BTC or 10 ETH for a car ? It's 2021, of course it's different when people buy Pizza with Bitcoin. And there's no way we can compare Pizza to Tesla cars. Except nowadays people buy Tesla with Dogecoin which prices are still low. If you buy a Tesla car right now with Dogecoin then you need 400k Dogecoin ($119.368). If the price of Dogecoin reaches $10k in the next 20 years, of course, everyone will regret buying Tesla for $4.000.000.000.
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As far as I know it should be soon listed (Q1) What do you think about this project
konomi.network (on Polkadot protocol)
Website made of images. We can't check whether investors and partners are official. Because partners show the level of success of a project. And we can't see who their real team is.
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Hello Guys what you think about etherum. Is etherum touch 5k in this may month ?? I see very much potential in etherum what you think ??
Maybe this is something that is difficult, especially with the current market conditions getting worse. Ethereum's record this year is up to $ 4,300 and this price is already close to $ 5k. However, market conditions changed this forecast. Prices returned to $ 2,500.
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Is it possible that in future doge coin Devs will finally add a utility to the project? I mean of Elon Musk really want to make something out of dogecoin lack of utility will draw it back I believe so is it too late to add utility to doge?
I think it's never too late, because Dogecoin is a long-term coin. Dev will certainly do his best. I don't think it's easy for someone to spend money to pump this kind of coin. Elon Musk did exactly that for Dogecoin. It would be a shame if Dev wasted this opportunity.
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Hi friends! Who can tell? A transaction has been made to coinlist Sent BUSD to the wallet ETH, although bsc network is not provided, it was an erroneous translation How to get your funds back? Is it possible to request a seed phrase or a key from a wallet associated with an account on coinlist?
Mistakes in sending assets, it will result in losing our assets. Because the exchange reminds us of this before we make a deposit. However, if the Ethereum wallet with BUSD is the same, then you can get it.
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Hello Guys what you think about bnb.can bnb hit 1000$ soon or not.i think bnb hit 1000$ soon. Plz give your opinion.
Yes. But not this month or this year. The price of BNB will reach $ 1k in 2022. Because the crypto price will not go far from the current price. It's possible that by the end of the year the BNB price will hit $ 1k. We should hold on to assets for now, even if market conditions continue to deteriorate.
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We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs. We see the last dip 50% and its not even a bear market.
If we hit a bearmarket all the cryptos go down again.
Opinions?
We think that the market will return to normal in June. Many opinions say that next September, crypto prices will increase again. If so, then there is still a big chance for us to cover our current losses.
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If I invested 30k in Ethereum and when my investment goes up to 60k, and I sell 30k just to get my initial investment back, will I be taxed on that? I live in the United States and just bought Ethereum this year.
I think there is no tax when you buy and sell Crypto, it's just that you need to pay maker and taker fees. But taxes will occur if you have made crypto a real currency. Taxes that you have to pay through the bank. And as long as you haven't withdrawn it, the tax will be borne by the exchange platform in America.
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The community named it to be a much better version of ETH. ADA is slowly building its momentum to be the best digital cash available summing up the scalability, high security, low transaction fees, interoperability and especially considering the backlash of ETH with current gas fees. Also the creator strongly believes that cryptocurrency absolutely have to communicate one with another and most likely this will happen in the next 3-5 years and there are rumors of Cardano/Litecoin connection bridge.
Can we see a market cap bigger than Ehereums? At the actual price rates this means it should be around $12 per ADA. Will it happen?
If the ADA coin increases by $ 12, will Ethereum sleep as long as the ADA price increase occurs? It is impossible to beat Ethereum's market cap. Ethereum is not a stable coin, anytime someone can increase the price of Ethereum if they want Ethereum to stay on top.
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I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?
Thanks!
We are staking a lot on Binance, there is a large selection of coins that you can stake in. You can also do ETH2 Staking. Try to learn about ETH2 Staking on ImToken. But I dare not take risks on other platforms. I prefer Binance, it's a trusted platform.
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XRP does get strong support from various parties. Because XRP is such a large platform, many are already collaborating with XRP. In April to Mai, XRP hit $ 1.7, and this is huge growth after the lawsuit was won by Ripple.
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for now it is true as you say, most projects provide participants with maximum rewards and do not disappoint many participants.
Yes, because this year there are quite a lot of good projects that can be followed by everyone in this forum, so not many are disappointed even though there are still some who experience scams.
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If an investor who has just entered the market is of this opinion, I am sure that he gave up his idea after these recent falls. Because new entrants do not have the experience of the bear season, they think the crypto money market is a market that is constantly on the rise and everywhere is green. Thanks to these declines, every person who experiences the bear season will witness that cryptos do not offer wealth overnight.
True, only fools think crypto can bring wealth overnight, because for those who have been in crypto for a long time and have a lot of experience, they will not easily believe the words of other people like that.
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Yes, that would be a nice short if you could see before that happened. Btw I think the price of BNB is going down now because bitcoin is pulling it down.
Yes, and all Altcoins are currently experiencing a decline because of Bitcoin, so the main thing to hope for at this point is a pump on Bitcoin so that market conditions can return to normal.
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Now a lot of projects use Polkadot blockchain for staking. Just some information about staking on Polkadot https://polkasyndicate.medium.com/ Polkadot blockhain is cheap and allows a cross-chain transactions. That is why it is so popular for staking. In my opinion, there are still not many projects that use the Polkadot blockchain, you can prove what I say through a comparison of the three platforms, ETH, BSC, and DOT, try to compare the three platforms, which platforms are mostly used by new project developers now.
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The mistake which most people made is that they invest more in the low volume coins and if the coin did not perform well, all their investment is at a risk. If these low cap coins dump, its really hard for them to recover. Low cap coins can give you good return but invest very little portion of your money in them.
True, some people are overly confident in coins with low market cap, so they often pose a very dire risk, because when dumps occur on coins that are low market cap, their asset value can be 0 in a matter of days.
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Corrections in crypto market brings balance, bear markets stays longer than bull for some reasons, I believe that if bear market doesn't exists bull market can't exits too and if it does then crypto market will become a bubble that will burst very fast
Yes, it is very logical because crypto market conditions always have ups and downs like ocean water, but how long do you think the current market correction will take? is it only until the end of this month or next month?
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