DCA is better off than keeping your funds in fiat or stable coin. In market conditions when it seems the bottom never gets exhausted, DCA could be a better investment approach because it gives a new bottom price at different price intervals. I don't think DCA Requires any form of technicality since it doesn't require investing all your funds at once understanding charts only a plus to the technique but anyone can actually make profit with this technique
Any purchase must be reasonable and if you start shopping early, then DCA will not help you get a good average purchase price. I know one investor who has not made a purchase yet, and keeps his savings in stablecoins, because he believes that the market has not reached its bottom. Although most have already started buying bitcoin when its price dropped below 30 thousand dollars. Which of them will get the best purchase price will be known in the future. |
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But why do we desperately want to remain anonymous here...
A profile picture will help attackers identify you in real life and if you are a successful trader, then you will face a real threat of losing your money by physically or psychologically forcing you to do so. And no one can guarantee that you will post your real photo here, and not a photo of any famous person. |
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Meme coins are shit and aside from DOGEcoin itself then there's no other meme coins that could beat it up.SHIB is just been hyped thats why it do able to reach out on the position that it does have currently now...
Yes, there is no competition for these meme coins today. And if you still decide to buy these coins, then you should stick to short-term trading with an obligatory stop loss setting. And if such a purchase coincides with Elon Musk's shill, then you will have a good opportunity to make a profit. |
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Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example...
It is impossible to compare Dynamic with the coins that you have listed, since this coin has already existed for about one year and since TGE it is still in a downward trend. Even in the bull market, the price of the Dynamic coin continued to decline. As for the Mahash coin, it is not traded yet and therefore it is difficult to draw conclusions about its prospects. |
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I have invested £150 into Luna Classic since their crash which is a gamble I know but is a gamble I am happy taking. ..
Luna Classic is a coin created around a hype, and then a dump of Luna. Accordingly, its purpose is, like other similar coins, pump and dump. And regardless of whether you get a profit or not, you will eventually lose your money, since the cryptocurrency market does not tolerate players. |
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The bounty program is more profitable now than airdrop but they looks thesame...
Participation in the bounty can be profitable only if the payment is made with a coin that is already traded on the exchange. The most preferred coin for payment is bitcoin and ethereum, but this form of payment can only be found in the signature company, which requires a high rank. |
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Now is a great time to accumulate AAA rated cryptos like ICP, XRP, and 0xMR. The reasoning behind that is that the market has bottomed and we are flatlining until we get a positive catalyst, which will likely be crypto regulation making it easier to buy into and sell crypto from your bank and credit card accounts legally.
It is too early to say that the market has reached the bottom and it is impossible to accurately predict the further movement of the market. Therefore, your purchases may be premature. But if you have already decided to make purchases, leave some stablecoins for DCA. |
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...To be honest I still haven't collected enough bitcoin and some of my favorite coins so I hope the bear market will last and not end soon I see this as an opportunity for us more is a disappointment. I will be very disappointed if bull season comes and I don't have any bitcoins in my pocket.
The bullish season will not start suddenly, it will be preceded by the accumulation stage. And in any case, even with growth, there will be corrections on which you can buy the coin you are interested in. It is possible that it will be more correct to make a purchase this way than to constantly average your position. |
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Well said, even the school boy needs capital. Atleast for that he's in need of finding an opportunity. As said every school boy can't be a trader, but learning about it from the school will help him at some point. Very few schools involve in such acts whereas the majority prioritise education as a way to make them doctors and engineers.
Capital is earned not only by trading. There are many specialties and if you are a professional in any industry, then your earnings will amount to tens of thousands of dollars, which will allow you to financially support your family. For such people, trading is just an additional income, or maybe even just a hobby. |
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...I think kids should also learn that in school instead of useless things but good job how to make decent incone without going anywhere or over work...
Not every schoolboy will become a successful trader, and not for everyone this is the meaning of life. If you approach school disciplines in this way, then you can impose training on such subjects that many will never need. Many people dream of becoming a doctor, a teacher or, in extreme cases, an astronaut, so such school discipline will be superfluous during training. |
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Visited the website and as I saw the picture of Elon Musk, I immediately closed it.
I don't know but why are these developers always associating Elon Musk with their project? Because they are expecting that if they will include Elon Musk to their project, it will be a successful one? Because they believe that just adding Musk to their project will attract other investors?
As to the project, it's early to say that it is a scam because a project will not turn into a scam until it turns out to be one but we've seen many shitcoins and meme coins with the name "Elon" or "Musk" on it so there is a high chance that this might be one as well. As for the investors, be vigilant as always and don't invest into new projects just because you've seen name or picture of Elon Musk on it.
I know what you’re saying and there are tons of Elon based projects out there but look past it and look at what is being created, the team is awesome and if only you knew who the dev was. It’s all on the blockchain. I appreciate your time. So you think that the illegal use of a public person like Elon Musk in promoting your coin is normal for you? I am sure that Elon Musk does not know about the existence of the ALONE coin at all, and also that it is being used by you to promote your coin. There is no point in dealing with such a project, which initially violates the law. |
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If we will base it on BNB's potential it will be yes, it can possibly reach 1000$ but if you'll ask when I guess no one can answer that. ..
In this case, a lot will depend on the Binance exchange, since the usefulness of this coin lies in the fact that it can be used to pay trading fees at a discount. In this case, if the exchange has problems, it will definitely affect the price of Binance Coin, which will necessarily decrease. And, accordingly, on the contrary, if the indicators of the Binance exchange grow, then the price of the BNB coin will also increase. |
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this amount wont make a big difference because its too small, if 100$ is all i have id go for altcoin instead because they are more profitable and right now price is down 95% ......
It's already more like a casino, or you earn $10k from 100 dollars or lose your deposit. But even here there will be a problem with choosing a coin, which is problematic for a beginner. And if you have correctly identified the coin and invested in it, then it will be very difficult to hold it if you have a profit of 500%. |
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The failure of Elon Musk to buy Twitter and if he violates the terms of the contract of sale, Elon Musk can be sued and compensated if he is the party at fault. Twitter can lock his account and no one can stop them from doing that but that action will cause twitter to lose credibility with users just because of personal disputes that lock user accounts for no reason. I don't think they will do that.
Given the fact that Twitter's share price has decreased by 2 times over the past year, in any case, it will be easier for Elon Musk to pay a $1 billion penalty than to buy Twitter for $44 billion. Although it will be difficult for the Twitter management to prove a violation of the terms of the contract, since it has already been proven that there are more than 5% bots on Twitter. |
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...I don't know where to ask, I don't understand technical analysis; when he explains it to me I feel it's some sort of gambling strategy...
If your brother treats trading as gambling, then this is one of the red flags that he should not engage in trading, since sooner or later he will lose his money. If he takes his chosen occupation seriously, he must learn to trade in such a way that it will bring profit sufficient to meet the material needs of the family. |
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The forum discourage account selling so it is similar to the case you ask...
Heirs can use the login and password for the sole purpose of reporting the circumstances of death from the deceased's account, if they believe that this deserves the attention of the Bitcointalk community or if it was the will of the deceased to report his death. Using such an account in all other cases would be unethical. |
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In this bear market, does 100$ on Ethereum or Bitcoin make any difference? As a newbie who have only 100$ to risk is this even enough? Can this get me anywhere?
It all depends on what goal you set when investing your $100 in cryptocurrency. If your goal is to increase this amount by 3-5 times, then such an investment in ETH and BTC will be more than appropriate. If you want to increase your $100 by 100 times, then you should invest in new coins, but this cannot be done without experience and special knowledge. |
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Staking is a good way to earn money and it will also help you to hold your token long time and you can also get huge profit if you hold token long time. But you have to must stake a good coin and that company must be trusted. And if you stake your coin on any Third party website then it will not safe and you haven’t any control on it. But if you stake your coin on official website then is is safe. Remember do not stake any shit coin then you will lost your money
Staking will bring profit if you are in a bull market, otherwise you will not only not earn, but also lose your savings from the depreciation of the coin that is in the staking. Thus, in order to get a guaranteed profit, you need to place stablecoins, which should keep their value in the bear market. |
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... what everyone has done in the past or plans to do in the future? ..
In addition to the tips that were given earlier, you can consider such an option when you regularly pull up the stop loss as the value of the coin increases. Thus, you will not need to sell coins until the upward movement of the coin stops and the price begins to decline. |
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