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BTC falling to that level price will surely will kill the atcoins with that, it may hard to recover if that to happen though this is just an assumptions so it's safe to say that bitcoin will continue to set to high price in the futures to come hence bitcoin has a limited supply and it will become more scarce in the near future.
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Never invest in your savings, that's a bad idea hence crypto is very unpredictable and it can lose your money anytime or it can double your money as well. My point is that invest what you can afford to lose and just use your extra money on it though they say high risk high reward but Invest on good project that has already established a good foundation that could last very long in the market.
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That's why ETH is sitting to the second spot because it's the King of Altcoins and no one can match up to that until now even new project before they saying they are the Ethereum Killer, but no one even succeeded to that claim. Some projects today are copied EVM from ETH that's why ETH will only be the one sits the thrown.
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Bull run is still far and right now we are still in recovery mode that's why DCA will always been the best strategy to get more tokens/coins while market is still in recovery because once we are close to bull seasons, there is no looking back now. Market having a pull back and that's the pattern will paint before the next leg up for the market to rise up again. It's also good news that Hong-Kong want's to be big crypto country adaptors in Asia which brings great feat towards people in asia.
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People behind this FTX are greedy as hell. Why would they consider launching FTX again despite all what they did to people and screwing their investments due to one man's greediness? I don't think people will trust FTX again with this kind of actions, people will not risk again and loss money for the second time around. TRUST will be the issue here, so FTX will not be trusted again!
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I also agree that money makes the world go round and this is the reality we cannot stop nor avoid with hence that's what society were being speculated with and born to that ideology. That's why rich people has more access, priorities, entitled and edge to what ever they like to have in life. Money is evil they say because it's the root of all evil doing but I don't agree with that hence we need money for everything in this world to make us happy to buy food, clothes, house and to give education to our children. As long as we use money in a good way, to give us quality of life then money can sure buy happiness.
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ARB is making some noise in the market recently and currently making good progress towards that project but I don't sleep on top OG altcoins in the market, ETH, MATIC and BNB. These altcoins will make a noise in the upcoming bull market and eventually will pass their ATH respectively.
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I still do  and I am not stopping at all hence doing that makes a great a part time activities while at home and I have been hunting airdrop 6 now. I have high and lows about it but all the hardwork pays off of course especially I got decent rewards from it. Now, airdrops are bit hard now but still can manage doing some testnet program and sometimes doing contributions from some project that has high chance of paying early supporters. |
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I have lots of dead coins in my wallet and the sad part that I didn't sell it during the last bull market in the year of 2021. Now, developers were gone already and left the project dead and abandoned along with my investments were gone as well. Nothing I can to do but to move on now hence the projects were dead already and find another coins that are worth to hold for a long period of time.
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It is pretty normal for an investor to choose an active project to put venture with but not just active but a promising as well. This year AI projects seems be the trend setter, so any AI project would be a good opportunities to partake with. As gentle reminder that DYOR will always be the first thing to do before investing.
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As always, invest what you can afford to lose and it should be an extra money so that it will not be gamble your future if anything that happens. Bitcoin is very volatile that's why you will be always ready of any up and down scenario of the market. Having the risk first hand it will be all worth it hence bitcoin will be big in the future when time comes and always remember put efforts on time and patience as well because this is not a one night success.
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XLM is good buy right now and of course everything will follow when bull market resumes though XLM have been quiet but it doesn't mean they are not working and development is still there. Having a DCA will always gives you and edge of filling up your bags with XLM. Remember Stellar is still a great blockchain ecosystem for payments system that many already adopted.
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Bitcoin will always be the top dog in the crypto industry and ethereum will always be the second in the crypto ranking though ETH is having a great momentum this year because of their shanghai fork that contributed a price uptrend this month. In terms of strong adoption, no one can beat BTC no matter what.
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Any in top 10 on cmc are all worth to buy during the dip hence all of the are top notch project that has lots of potential to grow more when the market recovers during the upcoming bull market seasons. Waiting for the dip always and looking for a timing is hard that's why to ease the process, you can try the DCA method wherein you can buy a little by little to fill up your bags.
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The best advice for a newbie in this industry is DCA, it's a best strategy that could fill up your portfolio without worrying the market sentiments whether its a bear or bull market because timing the market is very hard to do so. That's why DCA is the best advice for new in the crypto industry and of course DCA is not for short term purpose but it is made to long-term goal in order to achieve the best profit possible.
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