When it's bear season, of course, we need to take advantage of that moment to make a profit in the bull season later,
must also be observant in buying potential coins,
if it's true that the bull season is coming in 2024 of course it's still a long time and need patience in holding coins
and what is also important is to determine the best point to buy, this is very important because the buying point has a big influence on how much profit we will get in the future. determining potential coins is not too difficult, just invest in the top 10 CMC then you have chosen potential coins. |
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How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.
that's the same thing that came to my mind at first, but it all depends on how much you put in and what token did you use to stake, stable coins like USDT and USDC which are worth one American dollar are very safe to stake compared to other tokens that can go up or down, that's why the return is small but it is guaranteed, they're small but you won't even find them in banks, mostly it's for people who already have a very big capital. It's true, some people only think about how big the rewards will be from staking without considering the risks they have to face. if the price drops drastically of course the prizes you get from staking are not worth the losses experienced. This is a risk that must be considered before staking. |
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investing in new altcoins is very risky, especially in a bear market, of course the level of scammers in the crypto world will be higher,
because it has been proven that in 2019 to 2021 there are lots of new projects ending in scams, especially in 2019. but not all projects end scam,
it's just that we have to be able to analyze the project according to fundamentals, and one of the new projects that I think is good is Dokdo,
because this project is part of the Solar Network or SXP
Indeed lately many new projects are scams but it seems you are overreacting to this problem. a scam project with a failed project is different, a scam project has bad intentions from the team that has been planned from the beginning, but a failed project is not necessarily a scam because maybe the team has worked according to the roadmap but the market response is not up to their expectations. and one more thing, you can't say this project is good just because the project you say is part of SXP but you also have to say the advantages of this project over other projects. |
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no one knows because in crypto anything can happen. However recently there was some bad news for Solana which resulted in Solana's price dropping further than the other big altcoins. In addition the bad news caused Solana's ranking to drop in CMC and currently Solana is no longer a competitor to BNB. in future anything can happen but right now solana is no match for ETH.
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My prediction is that in September the crypto market has not fully recovered, plus several large coins are developing both in terms of wallets, exchanges, and investments. I think what happened 4 years ago will happen again where the market will grow big at the end of the year.
The price of bitcoin 2021 also grew big at the end of the year. Even though the bitcoin price grew big at the end of 2017 and 2021 it doesn't mean that the end of this year the bitcoin price will grow big too. in mid-2021 the price of bitcoin also increased dramatically and because of that many people said if the twice-a-year price increase that occurred in 2021 is difficult to repeat. I think this incident will make the theory of bitcoin's rise at the end of the year come to an end. |
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as far as I know coins are digital assets that have their own blockchain while tokens are digital assets that stand on the blockchain of other parties.
but sometimes most people think they are the same and i think this issue is just a minor issue that is not up for debate.
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Well, to be honest all of meme coin do not have any value, they only based on the community the coins does not have any utility. But then again Bitcoin basically does not have any utility too, but it has so much value because it got massive adoption, I am not saying that Bitcoin is memecoin or they are alike but it is what it is. So, if the community actually believe in memecoin it might have a future. But for me I will never buy any memecoin.
true, bitcoin does not have utility but bitcoin is the first crypto and besides that most altcoins have a framework similar to bitcoin (but have innovations). that's what makes bitcoin has a high price and has the highest market capitalization compared to other cryptocurrencies. maybe you are the type of person who likes long-term investment, therefore you don't like buying meme coins. As far as I know meme coin is not suitable for long term investment. |
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Of course the team should be held accountable because they have the greatest control over LUNA coins. If not them, then who?
but at least from this incident we can take a lesson if in the crypto world we must be full of vigilance because even altcoins that are in the top 10 CMC rankings can experience bad events like this.
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in the last few days it has been seen that MATIC is slightly ahead of solana and several other major altcoins in terms of maintaining the price in the current bearish phase. this can be proven from MATIC's ranking which rose drastically from 18th to 12th in CMC.
if there is no more price decline from BTC I'm sure in the next few days the price of matic can touch $ 1 again.
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Certainly not around here  I think that around 10 thousand dollars will be the best place to buy and I am waiting. I have my buy orders in order and I am waiting for it to fall. I will be happy if I buy it. Let's see if I will get the answer to this in the coming days. good idea  but it looks like you waited too far and most likely you will not get bitcoin at that price, and in the next bullish phase you are just a spectator because you don't get bitcoin in the current bearish phase I suggest you to wait somewhere else maybe at $17k or $15k, but the decision is entirely yours  |
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Bitcoin is a unique thing, what we think is impossible but can easily happen, when the price of Bitcoin is more than $ 60K and even reaches ATH at the price of $ 69k I think that it will not drop it again below $ 30k, even many people continue to recommend buying, unfortunately Bad things happen and of course become an important lesson for us.
if people know bitcoin from 2017 or earlier they certainly won't be surprised by this because in late 2017 until 2018 the bitcoin price also experienced an extreme price drop like it is today, even recovering and reaching the new ATH took years. The bottom line is that eventually everyone will get used to the highly volatile nature of bitcoin. |
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a few days ago Bitcoin had reached $25k before dumping to $20k, and is currently at the strongest support,
it is evident that a few hours ago it had dropped below $20k and now bounced back to $20k.
and is currently back under $20k. I think the strongest point of support right now is at $19k and if the price can drop below $19k it will most likely lead to a much deeper decline. I think at this time any news can have an impact to determine where the bitcoin price will move after this. |
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yes, there is still a possibility that the price of bitcoin will fall again to a lower point.
if the bitcoin price hits $19k the next point of support is likely to be around $17k. converting assets to USDT or holding bitcoins is up to you most importantly you have to prepare yourself for something worse as crypto market conditions are hard to predict.
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True. a few days ago I read an article that many of the world's big companies such as Google do not make education the main requirement for hiring employees, but they prioritize experience and skills. Unfortunately this does not apply to all companies because most companies in my country still make education the main requirement for hiring employees.
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wrong way of thinking. if you do not staking of course the money you have worth $ 1k will not grow, it looks very small but you can get it for sure and without any risk. if you trade with a capital of $ 1k maybe you can make a profit of more than $ 95 in a year but you need to do an analysis and you also bear the risk of loss. I think security is the main thing in crypto  |
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if you invest without using analysis and especially if you invest short term of course you will feel this is the same as gambling. actually investing in ETH is the right choice because ETH is the king of altcoins and investing in ETH has a lower risk than investing in other altcoins. but even so you also have to do an analysis to determine a good point to buy, especially when the crypto market is in a bearish phase.
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If this is true, I suspect that this is Elon Musk's first step to influence crypto to the world community and it will have a positive impact on the crypto market. if one influential person in the world enters the crypto world, then the market will also be carried away by the flow.
You should understand that this affection is short-term. His words make a great impact on certain coins, but they simply become hyped ones and in a month everything disappears. So I won't rely on his words and will continue choosing projects wisely. If an influential person like Elon enters the crypto world it can have both positive and negative impacts. the negative impact is that the crypto market can be manipulated and the positive impact can increase the price of altcoins and provide profits for many people such as doge. but even so it is not that easy to control the crypto market because in the crypto market there are many whales. |
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silly question. do you think there is someone who can predict market conditions in such detail? if you think like that you should throw away your thoughts because no one can predict market conditions. if everyone can predict market conditions of course everyone can get rich very easily |
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don't invest just because many people invest with this project but you also need to do research related to this project, for example the team behind this project and also partners. hype promises nothing especially in the crypto world anything can happen, and believing in your own analysis is much better.
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right now the best coins to buy are stable coins or convert all coins to stable coins because the bear market is still not over and it is likely that in the next few weeks we will see a much deeper chasm. buying other than stable coins at this time has a very big risk because it is possible that in september bitcoin will touch $ 17k. Patience and not being rash are the main keys in the crypto world.
what is the sense in Buying Stable coin? this is not can be called holding because there is no different from holding Fiat. of course to avoid losses due to the bear market. holding fiat money with stable coins is very different, if you hold stable coins you can immediately exchange for the altcoins you want but if you hold fiat money you have to make a deposit to buy altcoins. I'm not saying holding Stable coins for investment purposes. lol |
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