In my opinion as well, altcoins are not having their own way of price movement but they are simply following bitcoin market; an altcoin's market movement can be directly proportional to bitcoin or invertably proportional to bitcoin market but when there will be a significant chance in bitcoin market then that will reflect in all altcoin's market...
Since bitcoin has less volatility compared to altcoins, when the market is dumped, its price decreases less than the altcoin price. Therefore, in a bear market, investors sell their assets and buy BTC. But with a bull market, good altcoins have more chances to surpass bitcoin in profit. |
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Sometimes, crypto investors feel to be more fearful and more panic when price decline starts to be visible in the market. Its like they want to create more profits but are afraid to take actions believing that they will still bound to lose. But if they only believe in buy low and sell high which is very basic in crypto, then they will never make frequent losses and has bigger chances to multiple their profits when the market turns bullish again.
The main problem is that no one knows exactly where the bottom is and where these highs are. It is for this reason that a lot of people after buying see after a while that the price has decreased and they have an unfixed loss. It is good if such a purchase was made on the spot market, since a margin purchase in this case can lead to liquidation. |
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"Getting used to the market situation is the key to becoming a reliable trader. "
...
Everyone knows that in order to become a doctor, you need to study and in order to become a pilot, you also need to study, etc.But contrary to this, it is widely believed that you can immediately become a trader trading with profit without training. Yes, this way you can gain experience, but such training will be very expensive. |
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...My current choice is only two, hold or cut lose.
It remains incomprehensible to me that you did not accept your friend's recommendation, although you knew about it last year. Now you have only 2 options: either you sell your coins in the hope of buying them cheaper or you continue to hold. If I were you, I would choose the second option. |
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Hi guys you think TALK token good to invest at current price ? You think the price can jump to 10 sat or higher ?..
Why are you interested in such a coin, which is at the very bottom for a long time and has no utility? Don't waste your money. Look at the first pages of the Coinmarketcap rating and you will see a lot of good coins there, which, like BTC, have greatly decreased in price. |
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I keep seeing a lot of people who are fearing the price right now, many people who are getting out, and plenty that thinks it will crash even harder...
It's only been three days since you posted your message, and the price of BTC has dropped by another 5 thousand dollars. This means that the concerns of market participants are not groundless. In such a situation, it would be the right decision to buy coins in parts, leaving the stablecoins for purchase at a lower price. |
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...I like how easily Bitcoin and other shitcoins can get you profit, especially if you get the perfect dip, but I don't mind earning something from day trading using leverage. Of course, I use low leverage  Leverage allows a trader to open a short position, and accordingly earn money in a falling market. This is something that no trader in the spot market can do. So without using leverage, in most cases you would have to stay away from the market. Shorting is where good trader earns good money. Since the dips are usually bigger the bigger is the profit. That’s not true, ser. In sho ing, the maximum profit your trade can do is 100%. That’s only 2x of your money. To illustrate, many newbies make the common mistake of thinking that shorting from $10,000 to $5,000 gave them 100% of profit. No, it’s only 50%.  You are also counting incorrectly, since you do not specify the amount of leverage in your calculations. Your calculations are valid only for x1. Thus, if you use x10 leverage, then the size of your profit in your case will be 500%. |
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...What altcoin / altcoins would you choose and what would you invest your million in?  ... It is difficult for me to distribute a million dollars, since I do not have it and, accordingly, I cannot afford investments of this size. It would be better if you came up with more real numbers for your fantasies. By the time I earn a million, the cryptocurrency market will be completely different. |
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...P.S: I see that price differences especially in low cap altcoin and I think I've actually found one example so I'll share a screen, let me know if this could be a valid example and how would you deal with it.
Each specific case should be considered individually, bearing in mind that a large difference in price may be caused by various factors. These include the fact that there may be very little liquidity on one of the exchanges or the deposit/withdrawal of the coin you are interested in is prohibited. |
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...Why does everyone think the same? I mean it shouldn't be like this right? I have been long enough to hear "buy low, sell high" a million times so far, and it has always been said when the market is low, but for some reason, people still do not feel hopeful when the price is low...
The fact is that you will be able to buy at a low price only if you sold your coins at a high price before that. But many traders did not sell their coins at a high price and now continue to hold them and simultaneously experience Fomo. And accordingly, they cannot make new purchases, since they do not have the capital for this. |
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I think there will be a moment when it will actually be possible to buy. But right now, I wouldn't buy it.
Obviously, you assume that the price of BTC and ETH will continue to decline, so you prefer not to make purchases. But if you are wrong, then you will have to buy these coins at a higher price. Therefore, you need to spend part of the deposit on the purchase now, and in case the price continues to decline, continue buying in parts. |
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The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.
Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.
Everyone said it’s the doomsday for crypto. Why do you think it’s just a correction? To do this, just look at the chart of the capitalization of the cryptocurrency market in recent years. The cryptocurrency market cannot continuously grow and likewise it cannot constantly decline. Therefore, it is necessary to wait for the moment when the price for the seller will be too low, and for buyers it will become acceptable. |
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...I like how easily Bitcoin and other shitcoins can get you profit, especially if you get the perfect dip, but I don't mind earning something from day trading using leverage. Of course, I use low leverage Leverage allows a trader to open a short position, and accordingly earn money in a falling market. This is something that no trader in the spot market can do. So without using leverage, in most cases you would have to stay away from the market. |
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...Can market recover any time soon i dont think so, not until the whales start to buy heavily which should signal for this change in market direction.
At the current price, it is necessary to wait until they stop selling bitcoin, and not when whales start buying it. After all, now BTC support is at the level of 29-30k dollars, it is at this level that a large number of buy orders and stop-loss orders, traders who hold a long position, are concentrated. It is at this level that the future fate of where bitcoin will go will be decided. |
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There are various individuals who procured millions to billions when they enter Shib Inu while the cost was simply small. It's an extremely unsafe arrangement yet it may work for you as well. You have sold your coin under the cost where you bought and maybe you are an idiotic choice around then.
Yes, indeed, those who bought the Shiba Inu coin a year ago in the amount of $100 could sell it for $8 million. But I am sure that most of the early investors did not keep this coin until the very high, but sold Shiba when its value increased several times. |
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The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now?..
If you are trading on the spot market, then you are not in danger of liquidating your position. And accordingly, you can stay calm on such a dump and look for a convenient price to buy coins at low prices. Panic is mainly affected by those who bought coins at a high price and at the same time used high leverage. |
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Do you have any favorite superstitions when trading crypto...
The only superstition for a trader should be a ban on opening short trades in a bull market and, accordingly, long trades in a bear market, if you are a long-term investor. All other superstitions will not bring you any profit or loss, since they are just superstitions. |
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In 2021 Btc have many up & downfall ,still now it’s again moving toward the downfall ,as it was expected it will touch 100k at the end of 2021 ,does it still expected it will touch its peaks in March ?
Now it is more likely that bitcoin will continue to decline. It is possible that by the month of March, instead of the expected price of 100 thousand dollars, we will see 20-30 thousand. But I want to remain optimistic, so I wouldn't mind if your forecast came true) |
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...So if that real so its a very good decision.
The problem with high commissions in the Ethereum network cannot be solved with the help of bridge. Using the bridge, you move your cryptocurrency to another alternative network with a lower commission, but when transferring, you will still need to pay a commission on both networks. |
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hello everyone
my question is how to find a promising project? how to check the project is scam or real? if u have experience can u share this experience in here
thanks
To conduct such a study, it is necessary to have a lot of knowledge, so it is almost impossible to conduct such a test alone. But there are several proven ways that will allow you to abandon investing already at an early stage of research. These include the absence of a team, unsupported social networks of the project, as well as the absence of a website. |
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