Axie is likely to make a comeback with the new launch and LAND play. maybe RONIN will do well too.
Land will be focusing to the SLP and it has nothing to do with RON. The usability of RON token to be used as gas fees and no more. I think that you must also understand it correctly. It will not make RON to so well. RON token is only for the blockchain. (......) I don't think so. Since RON is released, it has already to do with Axie Infinity, if you are aware, only the Axie Infinity game is using the RONIN network for now. So that's one of the reasons that RON is not yet worth my investment. It will always have to do with Axie Infinity because only Axie Infinity is using this layer-2 network. |
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(.....)
We’ve seen another price drop as the war continues, although there’s a rumor about the peace talk let’s see if this can affect the price of Bitcoin. Over the past days since the conflict started, Bitcoin are become more stable not until today and I don’t know if the peace talk is a negative news, but I think the trend will soon change for a better, let’s just hope that big countries wont restrict cryptocurrency especially with Russia since they can also use this for their transactions.
This is what I am looking forward to. For me, these Ukraine-Russia conflicts will only cause candlewicks on Bitcoin, as we already experienced these days. Very possible that it is only temporary. Additional, people should also consider that it is not only happening on cryptocurrency market, there are also lot of assets are affected especially some of stock markets. |
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Fortunately for us the chances of that happening are incredibly low, despite the differences that governments may have among each other they understand very clearly that no one is going to win such a war, this is why despite how much the United States and their allies disagree with what it is happening at Ukraine they are not going to intervene directly in the war, and instead they are going to content themselves with just giving heavy penalties to the economy of Russia.
$20,000 is very possible for me, look what happened last March 2020, when COVID lockdowns started, the market dumped a hugely significant amount. For me, Ukraine - Russia will not trigger it on what happened in March 2020. But when other countries will start to join with their conflict, it could very possible. Overall, short-term bearish but midterm - long-term bullish. $20,000 is like an area of candlesticks wicks. |
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Someone wrote this on Twitter, how true is it? Biden's regulation will knock it out the next 2 weeks. Stock Market crash will intensify the pain in March. After that, I'll buy. If the Bitcoin price drops, it will not be due to Biden's decisions, but to what is happening in Ukraine. All cryptocurrency supportes and investors are hoping that Russia's cut off from the SWIFT system will suddenly cause a lot of people to start using cryptocurrencies and drive up prices. We know from history that this does not happen in the case of military conflicts in one country, even as large as Ukraine or Russia. In my opinion, this war will have a negative effect on the cryptocurrency market and it is because of it that the price of Bitcoin will fall, and not due to Biden's decisions. I also don't think that the trigger is Russia or Ukraine here. Try also to look at the good sides of Bitcoin or other cryptocurrencies now, if you saw that the Ukraine government started to accept donations via Bitcoin/Ethereum and other cryptocurrencies. We all know that Bitcoin is decentralized and doesn't just rely on these countries, especially the United States of America. |
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Although, I personally use bitcoin when I have lost too much even with 3x leverage while trading altcoins, I changed it to bitcoin because it makes liquidation harder and more impossible unless the market is extremely volatile which is not usually the case but it can happen.
(....)
You got a point here about how much volatility you are trading other altcoins compared to Bitcoin itself. But you should treat and expect or look forward in the future that even you are trading Bitcoin, volatility still there, so don't be too comfortable using such leverage, even which pair you will trade, risk is still high. |
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Action like this by Ukraine will help other countries to convince how Bitcoin or other cryptocurrencies are extremely good.
And I am also curious why other people seem to be more greedy, they are worried about the price of Bitcoin that it could dump more because of what happening between Ukraine and Russia now.
To be honest, it's not best time to talk about the price now but they should appreciate the use of Bitcoin in times like these. Look how using Bitcoin now and in the future, financial freedom indeed.
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(....)
I speculate similar to ICOs and Defi, NFTs will be here for many years.
Indeed, they will stay but for sure in the future, the methods or how they are being done will change like there could be some improvement in the future. Just like how ICOs, which there is newly developed like IDO (Initial Dex Offering), which become much better than ICO (for me). NFT trend now for sure sometime in the future will be changing, like how it become famous for now and for sure later on it will improve like more options of owning it or the way how you own it. |
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Maybe the demand for cryptocurrencies on Ukrainian exchanges has increased because they may be closed due to the war? I know that some of these exchanges have been sending emails about the possible suspension of trading and blocking Russian users funds.
Very normal, people for sure expecting that there will be a lot of suspensions in the future. I am also thinking that using Bitcoin during these times is the best time, or storing your funds. I am also expecting that the numbers of volume will continue to spike as long as the tension between Russia/Ukraine will be not stabilized. |
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To be honest, what I can see on the Ukraine-Russia thing now is the same as what happened when COVID19 started, we saw a huge drop and after that, create multiple all-time-highs created.
Because if you can see, cryptocurrency is best during these times, not on investment but in a lot of use cases, especially using it as payment which is the most use of cryptocurrencies now.
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I am curious why the cryptocurrency market will get a negative effect on price because of these wars?
Because for me, it's the best time that people may start using cryptocurrencies because we all know that you do payments online/virtually with just cryptocurrencies and the decentralized of it as no one especially government can shut it down.
Another thing that's on my mind is when COVID 19 virus started, we saw a huge drop but after that, the price bounced back and created multiple all-time highs.
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Glad to see threads/posts about risk management.
For OP, how you will apply this to your trading? Just like when you start trading and start opening some trade positions?
I also believe that using risk: reward ratio is good here before entering any trades position, with that, you will identify your target price, stop loss, and there you can see your risk: reward ratio.
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What I can say on RON token right now is still not that high, especially the market is still struggling so most altcoins especially this one is affected.
Another thing is, for now, RON is still don't have use cases, remember that only Axie Infinity is the one using Ronin Network, so maybe in the future if there are other platforms that will start using Ronin Network, and will become popular, that's the time that this altcoin will grow.
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Decentralized Exchange is your friend here if you are really facing issues about these centralized exchanges being restricted on your location, you can use such decentralized exchanges which are already popular these days, but not all decentralized exchanges (DEX) are good/without restriction, like dyDx, they have restrictions.
But you can use such alternatives especially on other chains, like Solana, mango markets, Serum DEX, etc.
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I had a limit buy order set to but a specific crypto (XRP) at a lower price. The order has now been filled but for some strange reason I can't see any trade history indicating that the crypto price went that low.
(....)
It will always show in your trading history for sure especially when the order is triggered or for example, you have to buy an order, when you saw a change of balance in your account means it was triggered. Another thing is you should be aware that there is market order and limit order, maybe you misunderstood this part or did not know their difference. See: Market Order vs. Limit Order: What's the Difference? |
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You know, "NOT TRADING" is also the best strategy sometimes.
Like, it's not all of the time you can trade like short it or long it. It is one of the strategies I am using too.
Another thing is sticking with your strategy, why? Because if you stick to it, you will master it. Remember that not always on trades are win, that's why risk management is there or the stop loss to prevent you from losing more, and always remember that there are a lot of trade opportunities coming.
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Glad to see some threads about this, always looking on another side, not always "UP ONLY" post/threads.
So for me, I am also favored with OP, block halving cycle is already proven since before or start of the block halving, we saw a lot of changes in price actions over the time, there are always ups and downs, bear markets or bull markets which for me it is normal, especially we are still on early days of Bitcoin, it is more healthy for me.
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there's a reason facebook bought oculus. they are already advertising it. give it 4 years. 2030 is literally right around the corner too. either way. that is not very far away.
I also saw on some social media that Microsoft is already ahead of Meta, it's just Meta is a rookie on this game, as we all know Meta is started with Facebook, social media, and messaging platforms. So, this is a big challenge for them, I don't hate Meta, I want to see how they will be able to succeed especially with a lot of problems right now a lot of people are hating them. Metaverse for me is really huge, it's not only limited, that's why I am believing in companies that starting to explore metaverse, but it will also help everyone in the future. |
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Everyone is expecting bitcoin to get to $50000 again, but I am thinking this is not possible for now, I know the price will increase above $50000 but I think it is not now. But what I am mostly thinking about right now is that will $40000 be a support for bitcoin or will the price still decrease further again making it to touch $30000.
(........)
I like your numbers but those numbers for me are psychological support and resistance for a very long time, since last year. So for me, if you can see Bitcoin is having a really hard time staying above $40,000 and that's why every time it tries to break $40,000 and fails, huge dumps are happening. |
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(....)
Unfortunately, even with several advice, a newbie will always be a newbie. There will be a time when they need to experience painful situations before learning anything. With that experience, they will now finally avoid it in the future. I salute those newbies who are using their common sense. They are being responsible despited being new to the whole idea of exploring everything about cryptocurrency. You are right, but it will always be prevented. That's why I really admire those newbies who have basic knowledge on security or identifying scams online, even it is not crypto-related but their common sense is already there. That's why for me, I will not accept a reason "sorry I'm just a newbie" at all because in the first place, "you know you are a newbie, why you did it?" |
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For a long time already, I still don't have any basis when to know if it is already a bull market or a bear market.
Just like is there any specific action on the market that you can tell it is already a bull market or bear market? I don't think so.
Another thing is some people are still claiming it is already a bear market while some are still on the bull market. Really confusion.
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