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i think terra classic is not a recovery in terms of the project, but only recovery because of fomo,
this is why i suggest you don't have to invest in Terra, it is very volatile and very dangerous if you want to enter there, better forget it
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Hi All. As most of you know ETH is moving from POW to POS. Due to this some there could be a fork and a new coin may come up.
Based on the above is it good to keep ETH on own wallet and claim the new coin by our own is better or keeping ETH in exchanges like Binance which says that they will support the merge is better?
Please consider technical difficulty and GAS fee on moving coins here and there.
Thanks in advance
there is news that there will be a Fork of Ethereum PoS, and a new Ethereum PoW will be born, but there is no complete information on Ethereum, but if you want Ethereum PoW maybe you can store it on Binance or Bitfinex, as far as I know there are 2 exchanges that support Ethereum PoW , there might be many more, but we'll see first |
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If we compare bitcoin 2018 and 2022 we see almost the same trend, namely the price drops significantly after reaching ATH, of course there is still a lot of time to see if 2022 will repeat 2018, but I hope it doesn't happen again.
Even if a bitcoin crash is inevitable in both scenarios, a bull run is also there. Apart from fluctuations, its popularity and acceptance should be comparable in recent years. Every day, more businesses accept bitcoin. The total number of Bitcoin addresses almost tripled over the same period. It is impossible for bitcoin to crash because bitcoin has donate or dominate a lot of cramp since it is is when mum and it is when pronounce as a digital currency that you can personally work on and the only thing daughter can subdue the reaction or the act of Bitcoin is when the market is not friendly as it is happening right now for that this only means you can say Bitcoin is irrelevant after reaching new ATH in 2021, bitcoin experienced a dump or correction of up to -70%, and the possibility of a correction that occurred this time is still not finished, considering the dump that occurred during 2017-2018 was at -83%, and the possibility of bitcoin price in 2022 will be the same as 2018, I'm sure after the bad news MTGOX Bitcoin price will drop again at least at $ 10k or $ 15k, which for sure we have to prepare funds to buy! |
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I planned to buy some altcoins now that we are in a bear market but someone I knew is telling me not to, that its possible more dumps will take place, my question is how will I know when it's the right time to buy coins?
I'm sure you already know when to buy bitcoin, even altcoins, especially today, because today is the day Bitcoin bottomed out, of course this is the right time for you to buy it and of course hold it until 2024. |
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Do you think is is a well diversified portfolio or are there any coins in it that should be dropped and substituted.
I chose ENJ and SAND, for ENJ there is no doubt about it, if a Play To Earn project like ENJ should be chosen, because Play To Earn is still very useful in the future, and for Sand it is also very good, this project is one of the best metaverse projects , even a big company partnered with Sandbox to build Metaverse, so cool! |
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Right know I'm heavily focused on accumulating as much Eth as I can. I'm almost at the goal I've set for myself in terms of how much I'd like to have before investing in another coin, since I've started investing again a short while ago. Next up I'd like to stack some ADA and BTC of course. But I can't help but wonder is accumulating ETH and ADA the right move right now? Or should I be more invested in BTC in terms of potential long-term returns?
I think Bitcoin and then Ether are very effective for long term investment. Last year we saw many experts predict that if Bitcoin stayed above $100K, Ether would be at $25K. So I think Ether could be a good investment. There are also other altcoins that you can invest especially if you invest in both BNB and ADA both of the two can give you good returns in the long term investment. Bitcoin price history we can see and the price of ethereum has an attachment to the price of bitcoin, when the price of bitcoin goes down and up then the price is affected. for a newbie, it is best to choose a reputable cryptocurrency and bitcoin, ethereum and bnb are good recommendations. It's only natural with the price that will appear later. if the price of Bitcoin decreases it will impact all coins. Not only Ethereum is experiencing a decline but almost everyone is experiencing it. I also feel pain in this bear market, all support is broken in an instant, and I have to be forced to cut losses and buy back, of course this makes our psychology chaotic, especially for newbies if they want long term investment, of course they must be really prepared with this volatility .And of course you have to be mentally strong! |
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I don't think Satoshi Nakamoto has anything to do with Shiba Inu, because Shiba is Shiba,
if you realize that Bitcoin was born in 2009, and Shiba was born in 2020, did Satoshi wait so long? I don't think so!,
but one thing you should know, that the rumors are aimed at not only Shiba, but Doge as well
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Ethereum was dumped down to 950$ in latest Bear market and now it's trading 2x from that price. My question is , what is best price to buy ? Buy now or wait to down 600$?
$600 may not be reached mate, because Ethereum's strongest support is at $1000, moreover Ethereum will also switch to PoS, of course PoS will be better than PoW, because Gas Fees will also be cheaper, and maybe the Ethereum ecosystem will be used more than Binance Smart Chain and Polygon, here's why $1000 might be a good price to buy Ethereum |
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$30000 of course that amount of funds is very good for buying low satoshi,
it is a little risky but the profit ratio is much higher than buying big caps coins like Ethereum, Matic or Cardano,
and my advice is CFX, well! Conflux is very fundamental, there's no doubt, try to check on their github,
yes one of the projects with the most updates on github!, so good luck
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BTC can't go PoS ever, the founder is no where to be found, if all PoW projects goes to PoS algo BTC will be the only one that will forver be a PoW coin, you need to do more research on BTC to understand that its unchangeable to another algorithm.
Bitcoin will forever be in PoW, Bitcoin is different from Ethereum, Bitcoin was the first cryptocurrency and it was designed for that, but Ethereum is a cryptocurrency platform, so their uses are different, it's just that they are cryptocurrencies, and keep in mind there are many more mineable coins for example Monero, ETC, LTC, CFX, CKB etc, don't worry if Ethereum moves in PoS. |
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There is no doubt about the Solana project, one of the platform projects that might shift Ethereum's position, we are still at the beginning of technological development, so it can be interpreted that cryptocurrencies are still very young, especially SOLANA which still has 3 years old, of course it is still very young when compared Ethereum, XRP as well as Bitcoin, so SOL will go to rank 2 in the future, believe me  |
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I've seen on the telegram channel about MTGox, and the analysis he did could be right,
that every dump that occurs in bitcoin is due to bad news such as inflation, Covid, and maybe even MTGox,
I don't know, for sure there I saw him analyzing the dump to the the price of $10k, it's terrible,
but we also have to be prepared if it happens.
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do not equate traders with gamblers, trading requires knowledge and of course you have to learn,
but gambling does not need knowledge and just chooses what it likes, for example choosing who wins,
and choosing long or short without knowledge, yes it is gambling, but traders smart will not gamble!, remember that
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Market is in a very bad situation right now, new projects have doubts of doing well in such market condition so don't blame them, also the best time to promote projects is not in a bear market as the result will be very little to none.
not because of the bear market I think, but because we ourselves chose the wrong bounty, and of course we can analyze the project first before joining the bounty, I have a suggestion if you want to join the bounty make sure you choose a good bounty manager |
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oh of course, a trader must also care about that, bear markets and bull markets can also make profits for traders,
of course by scalping in futures trading, so that's why traders must know how the market moves in the future.
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It is possible to find out which bounty projects have good quality, it is very easy, one of which is a project that has been listed on the stock exchange, road map, vision and mission, white paper, and one of them is the large number of participants who participate in the campaign, that is the characteristic of a project that has quality, different from a campaign. which lacks quality.
I totally agree with you, and I will add what is lacking, namely about the escrowed and bounty manager, because even though the whitepaper is good and looks very good fundamentals, it can't guarantee the bounty will be distributed, because that case happened to me in 2018 . |
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like this, long term investment is something that is not easy, of course we have to think about all the risks, and experience must also be a lot,
because we are the world of crypto currencies, where prices are very volatile, even a professional can fail, especially a newbie,
one of the The thing that needs to be considered in long-term investment is project fundamentals, if you don't understand it, it's better to learn first.
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