Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion
This is how an open market works, you can never be sure if the market is going to go down or up when you wake so it's important that you only invest what you can afford to lose and invest this in coins that you have done your research, there are no perfect investment here but at least you can still have majority of your investment profitable. There is no assurance on what will be the future of crypto so i am more focused on the present market condition rather than thinking about its future. The market has been dumping these days and i guess there is no problem with it. Then why not grab the opportunity of buying again while the price is still low? Let's take this as an advantage for us rather than looking it in a negative way. |
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What had the greatest values, has become valueless. The booming travel industry is only beneficial for globalization but for connectedness as well. However, pandemics successfully wiped out all this. history post-COVID-19 will distinguish and countries that weather they considered this as pause or recessed the society in which they always wanted live. Newzealand and Taiwan will be remembered as how they bought their people out of this deadly pandemic and place their lives on top. coronavirus hs adverse effect on everyone. however, considering this situation or blessing in disguise would be a better option rather than considering it as a nightmare. this situation can be an opportunity to reaccess societies and nations.
COVID-19 cases have been increasing. the government wanted to normalize the life of daily wagers and economy, therefore, it decided to ease lockdown and kept the economy before a life of people. the death of the main earner of the house sends remaining people of house in difficulties for a full generation. After lockdown has eased people venture into markets as if their life is no more important to them. in these hard times strict lockdown and provide aid to poor people but it is also the responsibility of each and every person of this nation to limit their desire of going out for some time, stay at home and follow government instruction.
Pandemic has a good and bad impact. Maybe Blessing in disguise for the nature which lessen the pollution but it is a Nightmare for every person that was affected too much by this covid 19 and kills a lot of people. Lossing a love ones is not a blessing, if you know the pain it will cause,you can not say that this pandemic is a blessing in disguise. Almost a huge number of people is difficult to get up immediately from falling due to covid 19 as well as the economy. Most of the countries at the moment are experiencing downfall of economies due to this corona virus pandemic and definitely this is not a blessing in disguise. How can this be a blessing if all the citizens are struggling to provide foods on their table risking their own lives just to survive. But despite of all these struggles, we know we should still be more positive in dealing our own lives and still get going so we can continie to lives our lives normally. |
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I am a holder but I somewhat started early 2012 but I was a fresh grad and had no money to invest in crypto at that time. Since then I started earning crypto and started putting my savings on crypto whenever the price is favorable. I have seen the bull run last 2017 and way before that I believed that crypto has a huge potential. I watched the market grow and had been part of some of good projects since I had joined in this forum.
I'm also a hodler too because i am used to buy potential coins at its low price and sell them at a higher price. I may be an early adopter too because i was here already quite a long time and i have seen how the market turns into bullish and then bearish and keeps on repeating its cycle knowing the fact that the crypto price keeps on fluctuating. |
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I will give simple advice, so newbies don't think crypto trading is complicated. My advice for newbies is use money that we can
afford to lose, be patient, and don't be greedy. Just run first 3 points which I have already mentioned. I am sure that newbie
can succeed in crypto trading. If these 3 things are successfully mastered, then start to the next level. Namely studying technicalities,
such as technical analysis, fundamental analysis and risk management.
Start even with a small amount of money as newbies are still prone to losses than gains. Do not be easily discouraged if you lose your money because trading is not just winning profits but also losing some. And never get into trading if you are not ready. Take your time first learning all the basics through reading articles and watching demos. Of course, start with a demo account first so you won't be upset if you lose suddenly. |
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I am one of those who do not agree to give 100% freedom to humans, because a life that is too free will have its consequences chaos.
Indeed freedom is fun for everyone, but it will make people uncontrollable and do whatever they want. Therefore, every country must
have its own rules. The same thing as the market is not good if given freedom, there must be rules governing it.
It's not good to see people experience losing their money just because there are no regulations in the market. Sometimes, we dream to live freely without those strict regulations but if we think it deeply, a government without proper rules and regulations would only mean chaos and definitely not organized. So same with this crypto market, it would be more smooth ceiling if there are rules and regulation that would be strictly imposed so that scammers won't have the chance to fool the people. |
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We are playing the same game, it just come with a different name this time but the way it's played, we can still follow what we have learn in the past. The hype is big for DeFi projects this year, we can't deny that, so aside from seeing the opportunity, we also have to see the risk, and for me, the best approach to this hype is to educate ourselves to invest in short term, and go long term only on coins that are already proven through times, and that's not DeFi.
We should be careful once there are hypes because it might be another bull trap again and we only knew it once we are at lose. Although hypes makes the market grow and gives more opportunities for investors, but in the end it's our strategy that will drive in it counts the most. |
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For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?
I believe it's true that too much hodling makes one lose those chances to even make more. I also believe that the major reason for that is because of the mentality of 'why sell when the price is still increasing'. This mentality, as harmless as it seems, actually hints at greed. It is only because of greed that would make one who bought at $500 still keep hodling at $15000 even after making 30x the cost price. I'd say the best thing to do is set a target price that isn't so far away for the cost price, once you've achieved your target, sell and make your profit and then reinvest Yes. Hodling is good but too much hodling won't make you profitable at all. We are here in this crypto world to gain profits so we should also learn to set a target selling price for our cryptos once it reached its high price. Hodling may not require high risks unlike trading but if you chose to keep on hodling all of your potential cryptos maybe because because of greed or whatsoever, you will not grow totally and will still remain a hodler for a long time. |
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Lots of articles that show Gold price prediction performance, and like the prediction in the opening post it shows that Gold really is
good as a safe investment. That's why big investors like Warren Buffet finally decided to buy Gold. This has become strong evidence
that Gold is indeed a safe investment. And some of the articles I read show Gold is getting popular in 2020. In my opinion Bitcoin
and land property are another safe investment alternative besides Gold.
Gold is indeed a safe investment ever since from ancient times and even up to the present seeing its price is rising slowly. But bitcoin could be a good investment too particularly if its price suddenly goes to the moon and makes all its investors instantly rich. They are both safe investments for me but the risk for bitcoin and other cryptos is definitely higher compared to gold. |
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Just hold Strong. We might just be able to smile sooner than expected. Nothing to panic over based on history of crypto. History will surely repeat itself.
You are wrong in this statement, yes I'm also sure that history will definitely repeat itself, but not only about strong hold, but you must also choose the great one, because many coins become shitcoin, Now the time to choose the right one, don't get your hopes up on the coins in your wallet right now and believe that will make your smile in the future. With the wrong choice will make you cry in the future By holding a potential and a great coin, this will help us to have a bright future ahead even if it means holding it for quite a long period of time. We should not be afraid if there are current dumps in the market because it's already expected to happen after all those great coins have made a good pumps. So stay calm and relax because this bearish market won't last long for sure. |
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Hi All
I've been trading with btc for a while now with 4x leverage and without setting stop loss. But so far, I've been making profit. Although, I still have plan to reduce to leverage to 2x with time.
Due to current market, I've not been selling but buy. I wait for btc to reach a specific resistance price and then when the price come down, I buy and set take profit to almost the current resistance price.
It was an easy thing for you if you feel comfortable with it. You already find it good, making a good profit without a stop-loss setting, the fact that it works great for you then there is nothing you'll need to change. I know curiosity makes such ideas and a new thing to discover. Yeah, a big adjustment to take but might be worth trying and possibly more effective. Anyway, you can still set it back to the normal things you've done if you never find it good. You can't assess how effective it was if we never had tried it. I'm glad that you are always making profits even if you never try setting stop loss which i think is even more risky. Stop loss setting can be a great way to prevent you from too much losses and this is done by most of the traders here, but if you find it more profitable even without it, then there's no need to change your strategy. After all, making profits is our very first aim here. |
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But in this condition, we should just look forward and think about of next-generation future.
Isn't it an obvious thing to do to just move forward even how bad or worst the situation is even with the pandemic or not? We have no other choice but to take the situation as one of the biggest challenges we experienced in our life. The pandemic shouldn't be the reason for our world to stop. Think outside the box or much better if we will remove totally the box on what things should be done in order to cope up with the situation. Yes. This pandemic creates a big challenge for everyone to keep on surviving despite of the struggles we are now facing. I believe we should be more positive and motivated this time so we can still be more productive with our life. Daily routine should keep going on with all the safety measures we should keep on doing. |
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People need to wise up, there is no certainty that the price would go up and again we are about entering into September, the month has history of Bitcoin performing badly and if I were you, I would scale into my position gradually and not once to see how Bitcoin performs
Many predictions are not really working well. A lot of people said price would fall after halving judging from the past experience of halving history. Lo and behold, price was doing well. I don't really rely on market speculations or predictions all around. I just do what I know is safer to some extent and weigh the risk of every option. Thinking about last 2017 bull run, what happened today might be almost the same with the year 2017 but we should not be more confident this time because a drastic fall usually follows after an all time high has been reached. But i'm still glad that despite of all negative predictions from traders and investors, the market price of bitcoin is still in a good position up to these days. |
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Miami Heat vs Bucks. It's a must win game by the Bucks here, what do you think guys, are they going to win tomorrow or would lose the game and be in the position that no team has even come back in the history of NBA? Bucks needs to stop Butler and Giannis has to be more aggressive because his stats is a bit low in this series, where's his 30 points, 10 rebounds, and 10 assist, and even good record for blocks?
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Great news indeed, just recently it was announce that he will retire but this one is really surprising, I mean positive surprise. A 47 years old and still active i in the PBA, I think he still want to play at age 50 if still given an opportunity. |
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Go for enough knowledge, not too much.
IMO, what's necessary here is that knowledge will help you to win and that you can convert that into skills.
It's useless to be knowledgeable and yet you aren't winning, so learn to win, that should be the goal.
In my experience as a sports betting, I can say that I have enough knowledge already, but is it enough to win, my answer is no. (based on experience only)
I guess our knowledge can never be enough. Gaining "sufficient" knowledge about a football team alone will require lots of deep information concerning the team. You'll need to see most/all their trainings, know what they eat, how healthy they are individually, what the weather will be during their future match, how they react to different weather individually, etc. This will requires lots and lots of information/data. I think there could be businesses that specialize on gathering such information for bettors. It'd be hard for bettors to know most of this things by themselves. That's so much work to do, you would do this if you are betting a big amount or you are going to make a living in sports betting, when in most cases people fail. As for me, I think I would just rely on my experience, sometimes, even without looking at the stats, I can predict which team would win based on the line movement alone. |
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That is why I avoid gambling with bitcoin especially when the price rises. Moving your funds from one place to another cost a lot. I switch to altcoins to avoid this absurd fee, there are casinos where you can choose your favorite coin, you can always try XRP which I believe is one of the best options in terms of withdrawal fees.
That's the best solution to this even Ethereum is not recommended because of the high fee which until now is a big issues to traders, the best option right now are Tron, Litecoin, Doge, XRP altcoins are more preferable today not only in gambling but on many transactions, now and it will take sometime to fix this, because of the many factor, one of them is DeFi on Ethereum platform. Ethereum for me is the worst means of doing any cryptocurrency transactions as you have already stated above. The #defi(word) of a thing has just ruined the privileges we have overtime enjoyed doing transactions with ethereum. Though, this is expected as many coins has now joined the defi world because of it magic. Gamblers should find other alternatives to transact their withdrawal from gambling platforms. Currently am gambling with TRON dapps and have been doing this during the surge of ethereum. Although am in love with series of gambling platforms without TRON option but for my funds safety am out for now till the price normalize. Why would we rely in a coin with high transaction fee, we have to find other alternative as I think our gambling sites, most of them are offering different alternative for coins use for gambling. At the moment, Bitcoin and ETH (especially this one) has a high transaction fee, how about using TRON? yes you are right, or doge, or even XRP. |
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This fight looks very exciting, but there's no available betting odds yet, not in my book yet, maybe other sportsbook have it, so please share guys. Any fight Inoue is exciting because he will always go for the KO, with his high KO percentage, I think we will likely see another one to add in his record in this fight.
The fight is next month or at least 7 full weeks if I'm not mistaken, so there's no update for any sport bookies as of now. He is the Monster and casual fans really knows that he has power in both hands that can knock out everyone. However, if the odds are not that attractive, personally, I will skip and wait for the awaited match between him and Casimero. That will be exciting to beat as there might not be a clear favourite. What if the casimero vs Inoue fight won't happen? I think I will just watch this fight as I like Inoue too, though he called himself as a monster, but he is a very humble guy, that's why I like him. I think Asian boxers are humble in real life, just my observation |
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Yes, it is not easy to make money in crypto IF we don't have skills to do many things. If you can learn and want to spend time to get more information about the crypto, I think you will have the opportunity to make money. You need to study for what you want to do, so you will know what you should do, and you can have a plan to reach your goals.
I am sure that we will have the opportunity to make money in many ways related to cryptocurrency.
Talking about opportunities, there are really a lot here in crypto world but you need to be skilled first in your chosen field so you can reap good amount of profits. It's true that there is money in crypto but it won't be easy to have it unless you work hard for it. Everything in crypto requires time and effort if you want to stay long and earn huge amount of profits. |
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If I'm not mistaken this user already has predicted an event, and he's studying western economics, that's what I can recall from his username.
Predictions can be correct or not, why do we need to say we don't need your prediction? if you don't want to hear anything from here then you could just ignore.
And for you OP you could have just at least a data provided to partially support your claims, that could have been more appealing to those people above.
Yes. If you really want to be paid with your own predictions, then post some valid details as proofs or evidences. But to be honest, everyone is free to make predictions here and everyone is doing it in the forum. But what you have posted is not just a prediction, but rather truths because those are really experienced by most of the countries today brought by this current pandemic we have. |
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Bitcoin and Ethereum are my key players.
But I am still hunting some altcoins these days, I am trying to avoid DeFi coins these days coz I think I am already late for the party, lol.
As long as my bag is majority on Bitcoin and Ethereum, i'll be more safe, kinda scary to pick some low market cap altcoins, I am afraid on Bitcoin to dominate the market again.
I believe a lot of us here are rooting for btc and eth. They are like the only cryptocurrencies you can trust of when all others fail. But if you are a crypto user who is closely following updates and developments of others alts, you will know which one is worth investing for. Not gonna believe all the FUD by other people here. Yes. Bitcoin and ethereum are my only top choices and the rest of those altcoins are not really seem profitable for me. And besides, it's more risky if you fill your bag with pump and dump altcoins and only to find out they only end up as dead coins in the long run. Better invest with bitcoin and ethereum since they made the best hit in the crypto market. |
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