If I were you, I would still keep both TRX and DOGE, because both of them are both good in terms of price and volume,...
Yeah, you're right. Because as we can see, Doge seems to have a stable market volume, this is one factor to see when investing and I think is not all about the participation of Elon Musk but is likely because many investors are now into it. @OP, I won't tell if it was the best option but first, you have to think that Doge is a meme coin, you'll be taking a high risk. I know that you are already aware of this but somehow, we can't also underestimate what meme coins can do.
|
|
|
I believe it was been clear how altcoins interact with Bitcoin. Not to say that they are all dependent on Bitcoin but most likely it was what we can see since before. Without Bitcoin, I don't know what will happen to the market. This means that Bitcoin has a huge influence on the entire crypto market and whatever it happens to Bitcoin, the same goes to altcoins as well.
|
|
|
I’ve been tossing some signature earnings into shitcoins lately like some others have mentioned. This current market is just so insane it’s hard not to dive in with the rest of the crazies. It’s nice to have a little play money every week to toss at these meme tokens. When you ride the wave right between shitcoins it can be shockingly profitable. I wouldn’t feel comfortable using my actual savings for this nonsense though. It’s more about fun than anything else. I guess this is probably how Elon Musk views Bitcoin.
WOW , Are you really tossing in shitcoins Og? this is new for me ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Have you made good profit from last year upto now? i mean that your investing if other coin aside from bitcoin and what brings you the bullrun? several altcoins are in interesting entry points now for the medium or longterm, MEME and AXS are two of them, I always comment about the importance of risk management here but its nice with the signature campaigns because indeed it feels like free money sometimes to it could be used to take some extra risks you wouldn't usually take. That's the kind of benefit we will have when we are earning from the campaign as we would not treat it as money coming from our personal pocket, so if we lose in investing or even in gambling, it wouldn't hurt so much because we don't rely on it as our source of income. However, it's good if we know how to manage it, grow this money and use it for pure investing in crypto.
|
|
|
In my own opinion, this is suitable for those who are still afraid in taking small risks even for just a few bucks. It’s kinda a training ground for them in getting familiar on how volatile the market is when they are going to use the demo funds in the trading simulator or so. It’s still helpful though for them though, but it’s way better to do actual trading with our real funds.
I think it was normal for us to make some trials before we start for real trading. I did it before and it was a big help but it is actually more different when we are in actual trading in which you can certainly feel when you lose and when you win. But it has to say that more experience more learnings, I think having these demo account for practice gives us some hints of what we gonna do.
|
|
|
I don't see Bitcoin's volatility as a problem because that's one of its characteristics and that what makes it a top cryptocurrency. I actually see it as an edge among other currencies because most traders and investors make a profit from it. As long as we know how to deal with Bitcoin's volatility, we'll only see it as an opportunity whether to buy or earn.
its not a problem for us traders because we can make use of the ups and downs of btc but it can cause a problem for a person that wants to use thier btc as a payment solution but they are not forced to use btc either because there are cryptos with less volatily or cryptos that are truely stable that they can use . Yeah, it is a matter of choice and if we choose BTC for a trade we are supposed to adopt its volatility knowing that it was a part of it. We can never change that volatility feature, it is for us to adjust and use that to take the opportunity. To be honest, that volatility makes traders generate money and I choose those coins that have higher volatility as it moves faster ups and downs.
|
|
|
I think we are now in the scenario we witnessed in 2018. The bull market is over, slowly the price is going down but there are still support as some think another wave of bull run is going to happen, however, I think they are wrong as bull run does not stay this long and whales made profit already.
This month going forward should be bearish, I know we have different opinions but the market seems to resist already and we are not seeing a bullish movement like we saw earlier this year.
|
|
|
Hello i think its depend on what is going to do with crypto .That mean trading or just hold the coins once it reach more than your buying value. I'm not see any special thing to hold Doge. But after some months or years surely it will be reach 1$.
Bro, I have a feeling the doge would have a hard time hitting $1. even in a stable state, Elon musk will also not be able to do his "magic" anymore, due to some activities that were done a few weeks ago. I will immediately sell it if in the future I decide to invest and get the profit target I want His charm is over, people already realized how he manipulated the market and as we can see, DOGE is only surviving now but it will not stay for long as eventually as the market gets bearish, DOGE will heavily dump due to panic. DOGE had 37% growth in a week, still hype, but like I said it will not last.
|
|
|
If the clippers win game 7, fans doubts will disappear, and might erase the memory of last season, I thought the Mavs has the chance to win it, but a crucial shot was missed, due to lockdown defense, the three-point shot by Leonard seal the clippers win, but can they continue that momentum in game 7, saw mark cuban's face win leonard hit the shot he was devastated.
Of course, and I think the Clippers will be the favorites to win the WCF.. I don't know but I have a feeling the odds will suddenly change. They have a challenging first round in the series, sure they have learn a lot if they will win, just like how the Nets took a one-game loss against the Celtics, they said it help them to know their mistakes.
|
|
|
Recently, the price of bitcoin has dropped by almost 1/3. The beginning of May is 58 thousand, now it is already 38 thousand. The chart is steadily falling down. Will Bitcoin die in the summer? What do you think? But for sure it never going to happen, in fact, it was been proven so many times, we even suffer huge dip before but look, Bitcoin still exists today and that is enough to say that Bitcoin could still survive no matter how many dips and market corrections will come. You know what? I'm thinking that there is no bear season to come. The market will remain bullish during this summer and until the end of this year or even next year.
|
|
|
It is undeniable that the main reason why some countries are on the hunt for crypto is that they want to control it and impose taxes for the users and holders. Well, that won't be an issue, I know it will come, maybe not today but could be in the near future. If it will happen that Bitcoin will be legalized, the more it gives the authorities the right to collect taxes and I find no excuse for that.
|
|
|
I think we will see more than $ 1k for BNB, because the cryptocurrency is still not at its peak yet. The NFT platform can also push this coin to a new level.
There's no peak for a coin that has only a limited supply, in the long run as BNB gets develops more, the demand will increase hence the price will rise. Think of that as a possibility as Binance is composed of a good team that continues to develop the project to reach its ultimate goal. If ETH with a lot of complaints reaches $4k, BNB should not be far from achieving it since it's a way better coin than ETH at the current status.
|
|
|
Look, but Elon is the name. If he uses his influence the crypt will overcome the highest level. They are cheating us. The world will accept cryptocurrency. We'll all heal)
They are not, it's only cheating if it's against the law, Elon can do anything he wants, it's us who follow him is the problem, if we will be smart, be matured, then we will not be hype because we know he is not serious with his statement or just making it for his personal gain.
|
|
|
I assure you, the negative impact of the epidemic is minimal. Even in some ways positive.
More on positive, that is what I see. More people had come and appreciated Bitcoin during this pandemic time compared before. A lot of questions arise before the pandemic and its early days but for now, we can see that more people have shown their interest and even rich people are now investing in crypto. It is to wonder that the pandemic helps people recognize Bitcoin as a form of currency, not only an investment. And this simply means that crypto adoption has come fast and more awareness happening this time.
|
|
|
All in all, being unable to handle our emotions has a huge impact on our decisions. In trading, we have to set a certain target and focus on it. Sometimes, we're aiming for more that it even exceeds our target goal which results in losses and regrets in the end. We have to learn how to avoid putting too much emotions in that market's volatility but instead, we should manage how to deal with it.
sometimes it will come spontaneously and no one can avoid it but from experience that continues to be done well then such things can be muted and minimized to be able to avoid more fatal things. because it is very important when in any situation emotions can be restrained because it can eliminate the main focus and goal which results in wrong actions, can even be detrimental. by continuing to add experience of course it will be able to be done and will achieve the main goal. A plan is very important when it comes to trading but somehow, most of the time it turns to nothing and it creates other directions away from what we plan for. It usually happens because of market changes and we often adjust base on the applicability of the trend. And it was too unfortunate that it becomes a reason why we fail and why we lose. We sometimes blame others and hated them, but in the first place, why not blame ourselves? because the truth is that we often make a wrong decision and results in nothing but losses.
|
|
|
Yes, he is definitely manipulating. I think I'm starting to get hairy now. I used to respect him and his work. I guess I have less respect for him now.
Now almost some of the people who used to respect him don't like him anymore now, because it's been proven that he never cared about other people so that every job he did was only for himself. Yes, people have finally realized that believing what other people are saying is a mistake, but very fortunately the people who have benefited from Elon are making actions that can pump up the doge, even though Elon is actually doing it all for his own benefit. Unfortunately, they'll learned it a hard way. It's not actually a total mistake if you believe in Elon as the coins tweeted had pumped, bitcoin and Dogecoin for instance, but the crucial stage here is knowing when to get out and especially on Dogecoin which is currently overvauled.
|
|
|
Bnb is Long term outlook not too good due to you know what 2.0, other smart contract competitors, and layer 2 scaling solutions. BNB was rocking. Wouldn’t be surprised to see it hit $700.00-$1000.00 by the end of the bull run.
I would not be surprised by that, but I'll be surprised if we will still see a new bull run coming when the market is already correcting. It's still all on the bitcoin movement, once bitcoin remains bearish, BNB will surely follow, and the rest of the altcoins. In the long run, it should be easily hit that value, if ETH could do that, BNB could do the same as it's at par with ETH.
|
|
|
Honestly wanted to ask and to discovered the newbies among us. i though of creating a vote but it is not Necessary. i really wanted to ask if there are members of this community that sold off during the last dip thinking that the market has crashed. alot of friends kept complaining that bitcoin and alts will go deep down and it will take months before coming back.
Really wanted to find out people that lost their grip and sold off. what really was your main reason for NOT holding...
I both doing the same, selling and holding. I may not call myself being a panic seller but the purpose of selling is to secure my capital which is think was very important rather than to lose everything we have because of that word HOLD. To be honest, I'm no fan of holding for long, I definitely have to sell if there is a chance. Because I was been trick by such a word HOLD before, yeah, I do hold for many years but nothing happens. So I don't want to make it happen again.
|
|
|
This is a good time to stop buying and fully observe the current market situation and trend. Staking/cultivation can be used as leverage for this period. Recent bitcoin-related problems caused it to drop more than 43% in two weeks. No one wants to lose their edge when they find the bottom.
Everyone has their own perspective on when to buy and when to sell. Mostly buying occurs during the bear season but so sad that we never see it now coz I think that we are still in the bullish season. Quite to say that we have not to wait for the dip to come again but rather have to take the risk and invest it now. But before that, we have to check the market trend first, and we have to wait for the moment that corrections come as that will be our best position to buy.
|
|
|
Canadian electric vehicle maker Daymak has announced that Spiritus, the company's futuristic car that has not yet been launched, will be able to mine Bitcoin and Dogecoin while parked.
The idea is really entertaining and I'm not sure if it really works. I don't know why but it finds it too hard to buy such a brilliant idea and to believe that it hits the market, well, we never know. a lot of people wanted to gain some attraction and give such promising ideas and talks but somehow, it comes to no results. The people had already experience things like this and they are now learning those events that is why it is really to believe if we can never see it works and proven. " To SEE is to BELIEVE".
|
|
|
He is an innovator and the richest man on the planet. Because he can bring down bitcoin with one decision, To has great influence. So I can say that I wish there were more people like that in this world. And if you blame yourself for losing money, that's not the right decision.
But that doesn't mean that you have to be a fanatic of this personality, he's a businessman like any other out there and no matter how much we protect his image for him, every businessman shares the same trait and that is selfishness. They don't care about you, they all will have their interest first before anyone's interest. You are right that we shouldn't blame Elon for losing our money but it is also wrong to be a sycophant for some billionaire. And they don't care about their image and reputation as their goal is to make money no matter what will happen. How I wish that we already his intention before he enters crypto space and before he shill Dogecoin so nothing had to fall on his promising speech and tweets. It too unfortunate that it going like this but as we have said, rich people might have a greedy soul and they will take advantage of his power over the poor people.
|
|
|
|