When it comes to altcoins bull run,, you can always go with the flow but apply cautious unless you're investing for long term that's when you don't have to care about the pumps and dump as coins are likely going to dump ones the energy die off.
The time has come for being more careful with our buy. The bull is kicking up and I see some altcoins in green including the shits projects. The pump is on and the dump too can start anytime and like you rightly said, a short time investor looking for ROI in a shortest time may be built with a wrong investment. Investing in top altcoins can be better for shorting while unknown projects can go for longtime. |
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Step by step paypal just let people entering the new era of cryptocurrency. Paypal just build a condition where there's no people in the world asking for 'what is bitcoin?" anytime soon.
Now don't let your hand out of buy button, price reaction is real.
And I came across with this token on PayPal https://coinmarketcap.com/currencies/paypal-tokenized-stock-ftx/Is already of high value, the bitcoin connection with PayPal is going to get us woken up with unimaginable spike soon. Is really a bull for btc hodlers. |
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We may not see that much increase like $100k or more until end of 2021 because we all know what happened when Bitcoin reached $20k in 2017, we will see more people dumping their coins once they made enough profits and waiting for their next turn which will trigger the oanic button so in my opinion there is another correction waiting once we reaches new all time high.
Comparing this wave of bitcoin price action and what it was before 2017 and during 2017 year down to 2020 before the current bull isn't the same. Remember more hodlers are now in the market. Are you saying people are not already dumping ? but because a lot of hodlers are in and sucking off the bear pressure and price keep moving higher. Just last week, it came down to $53k and bear predictions floaded the thread here. Is it now climbing higher to $59k and above, all to show that the terrain not the sane now. |
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But only 1 word for Bitcoin to die, "Government".
That is no more possible. The government can't stop bitcoin. If you know what value bitcoin has. The privacy and freedom from bitcoin makes it uncontrollable. So you don't think any governance or legislation can stop it. |
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and this bull run is different with the past mate
This is why I think the bull run for altcoins is not to bull, the bull is selective this time. It was almost all the altcoins in 2017 that had the impact of the bull. Now this year, top altcoins have been having bull since, like bnb and ETH before some more altcoins are joining in the bull. Generally, I think it is not taking a uniform progression. |
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Price action trading is a kind of safe way to trade. Some say you never can go wrong with price action trading but then, its a matter of strategy. The strategy for which you have used and mastered is most likely not to be the same for many other traders. Price action trading simply directs you on the direction for which either buyers and sellers are going by simply following the price. Its a kind of following the trend but your at risk should you inlgnore the possibility of a trend reversal. Price action trading is generally good but its safety relies on your expertise at the trading strategy.
No trading pattern is better or best compared to the other. You already said about trend and this is a big disadvantage of price action. Trading against the trend for price action is more like catching the falling axe. You get hurt many times until the axe touches the ground finally. |
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Simple truth, not only the rich can go on investing, that is obvious a myth. Maybe in the past, the rich were always having access to wealth which goes down to the family lineage and that is why they (the rich) dominated. They had access to send their kids to good and best schools, access to better jobs etc and the money kept coming and was kept with the family and within them but this is not that way anymore. Things have changed from when the rich only had access to factors of production and can grow wealth. Wealth is now everybody's thing to grab if you plan well plus wisdom not only if you have cash. Investment is everybody's business now, invest in some good coins, allow it to pump and you can buy an estate, Lamborghini, Ferrari etc  Most economic system is open market and it is survivals ground, you can be anything you want to and you see more people climbing into wealth. I give example,I know somebody investing and bought 10 btc in last April when price came around $4,000. So how much is the difference now? That person invested wisely, not rich then but rich now. Investment is for every soul that likes to take the risk and diversify. |
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so if you don't want any problem, put it in hard wallet, secure it different location..
This is a good advise you can go with. You have a huge investment to be left in an exchange or centralized one. You can choose to take it to a more secured wallet that you have absolute control on. Don't joke with your investment, it is your future. |
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Trust me, with this development, quite a lot of other companies will follow in the footsteps of Visa and start adopting bitcoin and other crypto
Soon it is going to be a struggling ground for payment portals and institutions are going to come in more. This is a good news for not only bitcoin hodlers but altcoins too. Who knows which coin that is going to be an institution delight from this time. There are are many more stable coins to go and other high user altcoins. |
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I'm not sure that's a very good idea to make a comparison with two very different activities, since one was created for fun and entertainment(Gambling) for the most part and the other one could be considered as a job or a part-time job at the very least(Trading).
You are having a good analysis about these two different discuss yet related in nature especially as they are mostly related to online. IMO, I think that trading is learned and more professional than gambling. It is believed that if you learn trading, you can do better than someone who did not learn it but just trades on the market. But gambling is strictly looked at as a lucky game. I remember in time ago when gambling has not become popular, it was usually referred to as lucky deep. That is the classification of gambling. it is believed to be unprofessional although the times are changing. |
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Your post does not simplify what you mean by significance. There are different altcoins really but significance is what seem not clear but I'm sure you can trace your self to cmc. If you check cmc, there are numbers that got some top positions in the list and I think they are more significant to the lesser price coin this is the reason for their different prices. Their uses are far different from each other.
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I have been trading in Binance futures the last month or so and it was going really well
I was using my own judgement, analyzing TA etc, following people on the leader board and following signals
All was going great and was dreaming of buying an apartment which on my current directory would be in about 1-2 months
All the lessions you need is in you. You don't have to do any more magic but to go on your paste and you will get back to your winnings. You had a plan that you got profit but you lost focus and went for a telegram group which is where your trouble started from and that has put fears on losing on you which is natural. But you have to get up and continue what you were doing right and take away fear. |
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OK talking about next bitcoin bull but has not told us when that can happen if now or when price has gone down like it happened in 2017. But with the current price of bitcoin, a reasonable trader can make some profit too by trading. Certain to say that every trader wants the bull time but how to see it is what can't be determined. Op you have knowledge about the next bull?
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Whether we are liking it or not the world is going towards more relaxed work schedule with the internet and highly growing digital economy. Op's topic is really hanging on the current matter and I think he should find very good information to support his/her work.
A good example is the covid-19 year. That expose the world to working at home which was to protect people and to avoid the spread of the virus. IMO, that worked fine and till now, working at home has become the new normal for executives. Working from home definitely gives time for flexible time, you can go to occasions and do other things with same pay or more because you have time for other business engagement.
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It is very simple, you follow all the blog sites and announcement channels for most of the exchanges.
And in that manner, you will get to see those coins that are going to be supported and listed on those exchanges.
Yes this is one way to know such. Constant visit to the exchanges, you can have an idea. So you can save your choice exchanges on your home screen for easy view and access.
The project team itself will share this on their social media and announcement platforms.
This is another solution to it. Through the road map, the team can list some exchanges they wish to list on. Although this is not trusted always because teams can mention high profile exchange just to win investors to buy their coin. |
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It’s not “my indicators”. I was merely asking a question if you, or anyone, believes that the U.S. Dollar is truly “strong” after the United States’ falling GDP, trillions in BRRR money printing backed by debt, and the coming problem of inflation. What is backing the “strength” of the Dollar?
Okay well I'm speculating it based on what I'm seeing with the currency movement. The US dollar pairs for last week and week before did well in the pairs. For against the EU and GBP where it is paired as counter currency, it was seen to be pulling the base currencies down and also for pairs as base currency to CAD,CHF, it was strengthened up. Maybe that could be temporal though. Never take out sentiment in trading. But for printing cash and its effect on inflation, the US can control that. |
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Among the categories you have mentioned, I don't know how to do any one of them. I planned to be a vlogger but I don't have enough iq to make a content (LOL). Actually i don't really have much ideas on computer technology. This is the reason why I decided to do bounties, trading, and investments here in crypto industry instead of what you have mentioned above.
You are already doing part of it. Trading and investment are part of it 8. Digital Marketing
This is what you already know, you can place an advert of your product or affiliate products on your pages of social media. Cryptocurrency and other forms of trading are grouped under this level. This doesn't cost you money, just to learn how to go about training on it. Just you see. You are already falling in this category. All these niches are heavily crowded already, one needs to be learning everyday to stay at the top to defeat the teeming competition from the existing service providers offering the same services.
There are no job that people are not already clustered in and indirectly or directly competing. Like you said too, learning to be better in it gives an edge to your competitors. |
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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.
The beauty of it all is the volatility because no control and it can not be manipulated or regulated by any government. Is a free place to make profit or the other side, losses
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?
That volatility you fear is what may likely happen. A rush in crypto trade gets everybody to buy in expectation of bull because rush itself means hype. It is going to also have effect to the global economy at a time people will pull out with profit, that will mean plenty money in circulation and that can lead into inflation. |
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Its foolish to short right now after a huge price correction, maybe some are waiting for a big dump to atleast $20k but it will not go down especially in a bullrun where most people got left behind by the train. Some bears are purposely dipping the price to cause a shake out, but the market keeps pumping anyways. I'm not selling anytime soon, this is all noise.
Seller can't be waiting for such deep down to 20k, that may not happen as the big buyers keep hodling. If small investors drop their hodling, it will not cause any shake up or panic. I have seen speculation for 60k and with the little drop and long bull, that price looks realistic because bitcoin keeps going higher after every down. |
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I'm still inclined to believe that it is merely coincidental rather than believing that there is a direct connection between the US dollar price and Bitcoin because if you ask me I will just say that Bitcoin was the first one to recover during the start of the pandemic even before the US have elected a new president so Bitcoin during that stage now that the US is recovering economically from that pandemic it was just timed perfectly when Bitcoin's is now consolidating on a new level. If you want to prove your point more you must show data showing that US traders are offloading their Bitcoin in exchange for USD which as far as I research I don't see any news saying that they are taking profit.
Without chart actually but don't you know the effect of sentiment in the market? The fact the bitcoin recovered beyond the dollar is to show that people were probably pulling the rug out of the dollar to hide under bitcoin for uncertainty of out going government policies during the election. Now with signs of recovering of the economy, things might be turning into shape as indicators could be supporting the dollar. Is just my IMO and to get the response here. |
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