If ETH 2.0 can be a reality and not just a promise, they we can be expecting some capital to be shifted into ETH. IT is doing pretty well and if the $500 barrier can be broken, ETH is on its way to $800 even before the end of this year.
The update is slowly becoming a reality and not just a promise any, though its too early to say since there will be a lot of stages before they finally finish the update but let’s hope for the best always. We will end this year on a good price, cryptomarket will rise again as expected of many. |
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Would you rather auto-trade based on an algo strategy bot, or have the bot auto-trade based on a live trader?
Some BOT have their own default settings which I think is ok to use but if you want to become more effective in trading, then have your own strategy and used it. I tried once to use BOT before and its really working so if you are planning to use BOT that’s fine just make sure that you know how to use it at all. |
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The hype is building around and everyone wants to participate and not miss out on the pumps. I personally will hold some ETH before this time and also try to buy the 32 ETH to join if I am able to raise the funds.
Yes the hype is increasing and the price is slowly reacting into this great news from the update so as much as possible, do your best to buy ETH because this will become a sure profit next year or even before the year end. Staking is a great way to make money for those who don't have much time to trade in the market, this can be a sure profit as well since we are talking about the top altcoin, ETH will always deliver a good one. |
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How do we speculate if bitcoin and crypto shall prosper under the Biden administration than it does under Trump administration.
What are your views?
Is there a final result with the US election because it looks like there’s a chaos on-going. Anyway, Bitcoin continues to grow and that is not because of Trump but simply because many are slowly adopting bitcoin and if there’s a new administration, same thing will happen not unless the new president will make a statement about fully supporting Bitcoin then expect the price to grow more. |
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What’s special on XRP that you can’t see on LTC because for me, they are both good and they are both cheap so why not hold these two and make more profit, this is better for me. If you totally believe on XRP platform then invest some of your money but don’t go all in, its better to diversify your holdings so sold some of your LTC and invest on XRP.
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As far as I know cryptocurrency is volatile even those stable coins, they also pump and dump so its hard to tell what’s the best for you not unless you know how to spot those profitable investment. If there’s a good trading volume expect the price to go up and down because there’s no such coin/token that always goes up, this is a volatile market.
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Almost all new defi projects are raising millions of volumes while they are joining uniswap. What do you think about this? I can't believe all these new defi projects because they are creating fake volumes while they are participating in uniswap even after some days later there gonna to scam.
Really i am impressed your opinion, let's share your mind about it.
Probably creating a hype so when new investors comes in, time to sell for them. Don’t rush in the market and don’t follow that trend easily, you have to give yourself time for research and if those DeFi project are pumping without a valid reason then you have to stay away from that and save yourself from losing money. |
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When government making pressure with Bitcoin, usually investor are panicking and if every country will do this, then we might see another bottom with bitcoin. But since the adoption is already happening, I’m confident that we wont touch the price of $5k again, so don’t wait for that price before you buy.
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This is our chance to buy good coins/tokens, they dumped again and we will surely get it at a cheaper price and after months of holding, profit will come to us so its just a matter of time before it rise again. If you have more fund to spend for now is the best time but of course you still have to analyze the market and know what coins/tokens to buy, take the risk now or never.
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Even though crypto-market is open 24/7 I've noticed that trading at certain hours (depending on time zone) is more active with more volatility. Sometimes it's right after US stock market opens, sometimes it's on weekends.
What do you think the reasons?
Cryptomarket is different to Forex so I don’t think its correlated but maybe in some places, many traders are active in cryptomarket and since we have a different time zone, we feel like the volatility is more active when the sun rise to US and European countries but for me its the same. Tradings hours are 24/7 and many things can happen, and volatility is always high in this market. |
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Our next election will happen on the year 2022 and if you are talking about the US election, I'm sure my country is not that affected since we have our own government. Stop creating panic, this year stress is already enough, its better to share some good news nowadays. Taxes will continue to increase over time, no one can stop this one especially to the developing countries, I believe 2021 will be the recovery year and no more negativity.
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eth is going nowhere
Nowhere but UP! This update is a big thing and we are waiting for this one since then, so finally they are moving upward. The price will slowly react on this one, the hype is on-going and for sure it will be a big up trend soon. Don't wait for any cheaper ETH, start buying now well this is just a piece of advice, TAYOR! |
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There is definitely a relationship between the price of bitcoin and altcoins. Altcoins drop as bitcoin moves harder. In fact, whether the bitcoin rises or falls, the first reaction of altcoins is falling. After Bitcoin is fixed and stays stable, altcoins start to increase.
I would better say, they were correlated for a very long time. Meanwhile, look at the cryptocurrencies market now. When Bitcoin is going up, most altcoins are sliding down. Some alts manage to jump very high from time to time. Nevertheless, they do not stay on the top for long. Bitcoin moves altcoins will move as well either to go up or going down so that can be a good correlation between these two. Any market can’t stay on the top for a long time because they have to go down as well, there’s no fixed price in the market everything has to move and the volatility of the market is getting higher every year. |
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It doesn’t matter for me because no matter how much your capital is if you don’t have knowledge on what you are doing, you will still ended up broke so I suggest to always start small and just increase it if you already gain the knowledge, this is what matter to me and I can always make capital what challenging to me is to sustain that capital and make profit out of that.
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As a trader you have no choice but to take risk on putting your money in exchanges even if you know hackers are just there waiting for their moment because the fees will eat all your capital if you do a lot of transactions from your wallet to another wallet. As a trader you should updated about that exchange so you can sell early when something bad happen. If its a long term investment, I don’t trust exchanges on this so I have to transfer it on my secured wallet.
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ADA is good project for long-term investment, personally I'm a investor & holder of ADA coin.
The investor are predicted ADA coin price reach $0.30 in this year's.
I don't know is this right or wrong, because my personal opinion is 0.17$. but if you hold or invest in ADA coin, so drop your experiences
ADA was a good project before but it did not meet the expectation of many thats why its still a cheap token. Im not holding ADA because of its incompetent growth, and if you are a holder of this token you must have a very good reason to hold. We can only predict the market but only the token can tell its price. So hold with caution. |
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Trading is very hard for me so I rarely trade but if do I always look for the Support and Resistance level and I used MA to see its trend. Technical indicators works in cryptomarket but it requires great skill to see that trend, start with the basic indicators and if you have more knowledge about it you can now use the more complicated indicators.
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Investing requires knowledge so this is your first weapon to fight in a battle where traders are more experienced than you, this is not an easy battle ground so be already always and prepare for anything. Newbies have to take this market seriously and don’t just believe on an easy money, everything you’ll earn should come from your hard work, and that’s a best fruit of your sacrifices.
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The hype was done already and I’m expecting for a more dump with this token as DeFi market is struggling right now. YFI made a big impact in the market and made a lot of investors to take home with huge profit, if there’s more development we might see this one to pump again, but for me its on a down trend and what goes up will go down again, and right now is the time for going down.
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