To be honest, these are the best to receive Bitcoin paycheck, you can get more Bitcoin lol. Even on some internet gigs right now that pay Bitcoin, a few weeks ago I started not to convert them to USD. Having it on Bitcoin and accumulating more is the best move I can do right now, who doesn't want a cheap Bitcoin, lol.
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With Bitcoin dropped below $40,000 again. I am slowly losing the chance that we will be able to see $100,000 this year. What I am worried about is the Block halving cycle, like it will be the trigger again that Bitcoin could go up again like back above $50,000 or to the all-time-high. When will that be? Months before the halving and after a few months of halving. Well, just my 2 cents.
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(.......) Do you think Solana is full of hype? If not, why? What will happen with SOL's price if network disruptions persist? Will it mark the end of Solana for good? Or will the blockchain network survive for a long time? Your input will be greatly appreciated. Thanks in advance. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I don't think so it is just hype. Solana is a good project, the team behind this project is quite good. Another thing that I am pissed off with Solana is their issue about times, this is not the first time, I think already 2nd or 3rd time already? So, this is one of their biggest problems of theirs. Another issue is most of the projects under the Solana network, it seems VCs are just making money to small investors. But yeah, it seems we are just in wrong timing, with recent dumps, most of the altcoins are also affected even Solana.
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Luna is pumping up these days. Some people claim that Luna will be the next Solana. But some people claim that Luna doesn’t worth to invest because it’s overpriced. So, it will crash soon. I have a question to ask. Does Luna worth to invest?
I remember Solana (SOL) before, it is more like this, and other altcoins that became alternatives for Ethereum, just like Avalance (AVAX). If you feel you are already late for the run, avoid trying it. I experienced that on Avalanche. So waiting for some pullbacks is the best idea for me, even you will not guarantee a huge return as long as you will not be under the water, then all is good.
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To be honest, with recent dumps and a bear market. I don't think that holding such meme coins is a bad choice. Because if you take a look at the market, even high market cap or quality altcoins are having difficulty in terms of price. And if you recall, what kind of market meme coins recently performed well? A bull market, even before, dogecoin started to do some pumps when Bitcoin is starting to do a huge upside run.
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For me, it could start with a bear market. We don't have any basis on how we can tell the bear market, but I believe it will be a very long market that didn't pump too much or mostly closed on a higher timeframe as a red candle.
I can say this is the start of a bear market but we can't say how long it is, this could be like a few months ago. Topped at $63,000 then dropped on $30,000 then pumped again to all-time-high $69,000. That was very short period of time.
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The last part will depend on the person itself. There are a lot of different people who bought for different purposes, most are for sure investment. And they are only Bitcoin maxi, so about selling or taking profits, it's normal for me, it is nothing to do for being a Bitcoin maximalist, even they sold totally or sold some, some people could buy buy again in the future, like in cheaper price.
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I rather zoom out to the chart and use higher time frames to really check the bottom. Basing previous prices is good to spot the bottom, using other levels as support.
So for me, very high chance that we will test the $30,000. As it is acting psycholigical support for everyone. Very high possibility that that could be the bottom or huge candle wick on $28,000 - $29,000.
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Here's an addition to "Why shouldn't you panic?" of OP.
People especially newbies must also be aware that this bloody market action recently is not only happening in the cryptocurrency market, if you take a look at the stock market, they are also suffering. I am more likely worried if this bloody market is only on cryptocurrency, this is like global effect, for all the market not only in Bitcoin.
The Dollar Cost Averaging (DCA) method this time is extremely effective, with the drop from $40,000. Oversold market, then if even we will drop again, I am positive that we will not visit $20,000 or below again.
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To be honest, if you can comfortably afford to take your wage in Bitcoin then it's probably a smart idea. Dollar cost averaging has so far been king.
^ Yes, this is one of the best things to do if you want to accumulate Bitcoin especially in price like now. Instead of buying using your fiat currency, why accept your wage in Bitcoin. But then again, it will also differ on every country, just like in US, said by the OP that it's not yet possible to take a wage Bitcoin directly, but they can always conver those USD received to Bitcoin once they have it already.
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I am also using Solana right now and to be honest, I started to become pissed off with this issue of theirs, once or twice happened, is still OK for me, but this time again? Something is wrong.
I am just amazed how the community of Solana is active, even their team, if take a look at their latest update, Solana made an update right away for the fix. Let's hope this will be the last time.
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Even if you will say NFT is just a normal picture file that can be copied and pasted, or only JPEG. The way how it is implemented, how it was minted on blockchain with only limited supply, that's how it become unique for me. But the way you think how much expensive they are, I am also thinking about it. But that is an art, artists should be rewarded. So it's normal for me.
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Sometimes I feel not good after paying a High Fee on ETH, But I want's to know why this? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) I feel my emotions with this ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Ethereum has now become a chain for whales, if you are just a small person who just doing a little transaction on Etherum, you will just eat by transaction fees especially if you are interacting with a smart contract, with got higher transaction fees to compare to normal transferring Ethereum/ERC20 tokens. My best solution is find other chain alternative to Ethereum chain, other chains are already proven that cheap transaction fees.
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FwU2es06.png&t=665&c=0yuQURxRCp1tNg) The difficult part is here, in March 2020. Look what happened, Bitcoin broke down below on that trendline, it could happen again? We will not know. But if we will use this basis, it is more positive to happen, only 2/3 happened since 2018, because last March 2020, it broke down, the other 2 bounced back. So, another good basis for buying this dip.
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(...) Why don't they come to advise us in the these times. Maybe they are unable to face the public because they have given too much unrealistic hopim to the people ?
This is normal, most of them are going with the hype, if bullish, I believe that's the time to Bitcoin will get more attention or other cryptocurrencies, that's why other influencers are extremely active during bull run because they know that they will get more people for their content. So, that's why I am really hats off for those people who are still active even bear market, whatever market we have bullish or bearish they are still into it, that's what you call passion and commitment.
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(.....) My hashrate is enough to mine 500k shiba per day so I can get all this over with in just a month max, what do you think?
Considered this as a gamble, high risk. We all know what meme coins are, high risk, high reward. I have a friend of mine who is just new to cryptocurrency before and she invested only in a meme coin, I think it was shiba inu, and when the peak of shiba inu, she sold most of her holdings, and the profits she made is extremely huge! So, yeah. No one knows what is the future, if that's what is in your heart, go for it. Just don't go all in, lol.
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Not just FUD, some of the FOMOs created are also used by whales to manipulate the minds of novice investors to enter the market, so that the market will move at the price they have set. (....)
This is already given, as time goes by FUD are starting to become a normal thing on Bitcoin space. Another problem we have is those people who are trading with extreme leverage, this is one of the reasons why we keep seeing a huge candle wick on the chart, over-leveraged trading. To be honest, a lot of people crying now because of the dump, and I consider those people are "newbies" as if they experienced some huge dumps before especially in January 2018, this thing is normal for sure. Here's the current Bitcoin Fear and Greed index: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgflip.com%2F62aw5i.jpg&t=665&c=lygKMh0cTWRuZA)
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(.....) Do you have any experience with this method, which software/programs do you use and what tutorials do you follow to learn it? 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. https://i.postimg.cc/MK4WjdSs/pic.pngAnother thing to do is do not indeed rely on platforms like coinmarketcap, there could be some issue displaying prices on different markets. If you want to make sure, go check the price of it on the exchange you are looking for, so you will be more sure. I believe they are only displayed by API, so there could be any issue from the side of coinmarketcap for displaying sometimes the price.
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The purchase price of Microstrategy in Ave is around $31,500. Additionally, Tesla's average buy-in price is $36k. Is Elon going to sell?
What are your thoughts, gentlemen?
They are buying more for sure, to be honest, these days is the best time to buy Bitcoin, look how discounted it is. And for Tesla, I am pretty sure that what's their Bitcoin balance is just small for them so I am positive that they are not selling it. Even Michale Saylor, Microstrategy. We all know how huge a believer of Bitcoin Saylor is, they got diamond hands.
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After $40,000 broken, $30,000 now will be the psychological support for me. If you take a look at how huge the dump was when Bitcoin broke $40,000. The $40,000 is now acting huge psychological resistance.
It's just sad that the dump is too huge, it's not healthy for me, I am expecting some bounce here and test the $40,000.
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