What's your reason for still holding the meme coin in your wallet, and when do you intend selling it all off to buy a more purposeful coin or token. Are you holding just because of the hype, or do you have any analysis be it technical or fundamental technique that is giving you a go ahead signal to hold more or the hype is doing the work for you.
I am holding meme coins and waiting for a Bull Run in Alts which I am sure will happen before the year ends. Shiba Inu is also branded as meme coin but I think it is more than a meme coin as its team is working hard to strengthen its use case which certainly the right way to stimulate growth of project and eventually increases price. I strongly believe that supply of coin doesn't matter if its use case is strong. Ethereum is a good example.
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That's because no single person or group of persons is or are in control of Cryptos, it's called Blockchain technology
Not really. Most of the time(like, Bitcoin is the only exception), a single development team controls the entire codebase of a certain cryptocurrency project. "Blockchain technology" doesn't automatically fix the centralization problem. Very very common misconception. Absolutely right. Bitcoin is the only crypto currency which is most decentralized, limited supply of 21 Million and almost hack proof currency, rest of all are centralized including Ethereum though it is 2nd Top currency on coinmarketcap with strongest use case but has unlimited supply of coins. It is most well-established, open-ended decentralized software platform and mostly used for creating smart contract, apps, dApps and NFTs. https://medium.com/swlh/ethereum-isnt-decentralized-and-other-myths-ef2d132ee1fe
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I have been a day trader but want to know if it’s a good idea to hold bitcoin for long, whether it will be more profitable?
Investing and holding for Long term is the best option if you don't need to cash out your digital assets/stocks or commodity items to meet your daily needs. Day or swing trading is better for those who have made trading as their profession and they generate regular income from it. Remember to generate regular income you have to go though learning process like any other professional to understand dynamics of market and make correct decisions to take entry and exit at right time.
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Because most of my friends believe that BTC reached 100,000 US dollars in December, so I want to discuss whether this is true It will not only hit 100,000$ but also go beyond it but when it remains to be seen. There is huge institutional interest in Bitcoin as well as mass adoption is going on at fast pace. Salvador already announced Bitcoin as legal tender and more will announce soon. Taproot upgrade is also coming within next few days which will upgrade Bitcoin to improve its functionality. This should also make good impact on Bitcoin Price.
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Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
There will be many mistakes made in trading for a beginner. Of course because when you enter the market and trade live, it will be very different from the technique you learn. So you should have a lot of flying hours to find the best way or strategy that suits your trading. In crypto trading, you have to work hard to learn and have a lot of free time. You are absolutely right that many mistakes are made by Beginners when they start trading in crypto , Stocks or Forex but the best way to minimize the mistakes to learn basic of trading, mean, Fundamentals analysis, technical charts as well as Money and risk management. The most important thing to learn is when to make entry and when to exit which you can only learn by Technical Indicators. You should watch social media where you can get get daily updates about crypto because news also affect crypto price in a big way.
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Brothers, President of Pakistan Izzate maab janab Dr. Arif aAvi ne national Broadband network k forum se khitab kerty hoi kaha k pakistan ko Tezi se her shobay mein aagy brny k liye Digitalization ki bht zarurat ha or khas tor pe Health or eduction k shobay mein. Pakistan ne Information technology mein toh kafi nnumayan tarakki ki ha or Pakistan ki IT ki export mein bi Record Izafa ho reha ha mgr Digital Currency ki trf Hakumat ki koi khas tawajo nhi ha. Block chain technology or crypto adoption bi Pakistan ko bht faida poncha sakty han or new job create vkerny mein bht helpful ho sakty ha. https://tribune.com.pk/story/2328870/digitalisation-key-to-pakistans-progress-alvi
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People need to be careful now as Bitcoin is reaching the $45k resistance level though I am bullish on the market but the onchain signal is saying other wise, look at project like Solano, it seems Whales are about unloading their bags on newbies. Hex pumps because of the new project the founder that most people believe is a scammers is launching a new project and we have seen this with EOS founder before, launching one project, pump it and move to another project these altcoin creators have found a sophisticated way to scam without the community condemning them or reporting them to the police, I am not particularly investing money in these new altcoins, especially these altcoins that are named after dogs, food
I would tell people to be careful because the price of altcoins versus bitcoin is falling at a frightening level, only the price of altcoins versus US dollar is going up The price of Alt coins came under pressure last night because the news of Evergranade (a chinese Real Estate Mega frim) going bankrupt triggered panic selling in the market and Bitcoin price fell more than 5000$. Now the market is recovering. The most Bullish of yesterday was ENS which jumped more than 100% when listed on binance exchange and I trust it still has further upside. https://blockworks.co/ethereum-name-service-is-going-dao-coinbase-wants-to-help-govern/
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Please guys help me suggest coins to buy. I’m a student and I don’t really know much about crypto but I need the money for financial freedom and help my dad cover some of my school costs. Please guys.
I would suggest you to first gain some knowledge about fundamentals of crypto market as well develop some skills on Technical Indicator before you jump in trading because learning is always basis of earning. You Earn More as you Learn more. In the meanwhile improve your membership rank by making quality posts on Bitcointalk and then join Bounty where you will be able to generate some income. https://wealthfit.com/articles/cryptocurrency-basics/https://www.asktraders.com/learn-to-trade/technical-analysis/technical-indicators/
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Now a day hundreds of meme coins launching with too much supply and no use case so what do you think about meme coins and will some meme coins survive long or they will all runaway ?
There are very thin chances that meme coins will survive in the long run unless their Developers work hard and make their use case strong and I think shiba Inu team is doing some work in this direction. I firmly believe that use case is everything in crypto space and rest are stories with exception of Bitcoin which is highly decentralized and store of value. When you look at supply of Ethereum it is unlimited but because of its strongest use case its price is above $4500.
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People, especially the young ones have their eyes set on making it big on social media, hence why there is a sudden boom of influencers on tiktok, instagram, and youtube. It is because they are seeing fame in social media as the easy way out on financial struggles, because said endeavour pays, and it pays a lot. Advertisers are crazy on big numbers and wider reach, and a lot of people aspire to be on the limelight in order to reap such payouts by being big on social media.
I think the best way to achieve financial stability is when you succeed to make good profit by holding crypto and investing it in Real Estate which is historcially considered best way to make passive income by renting your Residential or commercial property which not only generates income on monthly basis but also value of your asset is appreciated. Staking and farming on DEFI projects is another form of generating passive income but you should be good in cherry picking as there are many scams in this field.
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Investors lose money because they enters and exit the market at wrong time, poor financial management and also lack of proper knowledge related to assets they are all investing.
True. Entry and Exit at right time is very important for success of any trade otherwise you will continue losing in trading, you nmight win in one or two trades but that happens by chance or by luck. As a matter of fact Trading is ba wonderful Profession and it requires good knowledge of market Fundamentals, skills to read and understand Technical Indicators to make entry and exit at right time as well as awareness Money and Risk management.
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Brothers, Binance k platform pe Polkadot k auction mein participate kerny ki ek bht achi opportunity ha jis mein Risk bht hee kum or acha profit bnanany ki umeed ha. Es auction mein participate kerny k liye apky pass Dot coin hona chaye yehan pe total 9 projects launch ho tehe han mgr MOONBEAM or ACRA ki auction mein kamyabi ki zaydeh umeed ha. agr apka project win kerta ha toh apky Dot coin 2 saal k liye lock ho jain gay or apko project k coins mil jain gay jis ki price bht zaydeh br sakti ha. Mera sub bhaion ko yehi mashwara ha k es mein zarur participate keren https://www.binance.com/en/support/announcement/c0ca6e2cb4d34ef1bd49b28aa4f68eed
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Litecoin Cash has still massive potential.
I think eCash (XEC) is a sleeping giant and has potential to go Bullish in coming weeks. It has been in accumulation zone since long time but when it explodes it will go 2-3x easily, the current price is good to take entry and make good gains in upcoming Alts Bull Run. The core idea of XECis to provide an "Equivalent Value Overseas Remittance" through Eternal Wallet System. We can do any transactions like remittances, payment without any other coins involving hence having a very low transfer or processing fees. https://www.marketbeat.com/cryptocurrencies/ecash/
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Congratulations to all holders, I've made more than $100,000 with BNB from $100 to $300 in just a few days
I posted about it at $100 and also at $200 yesterday.
We are on the road to $1,000!
Its price has more than doubled since you started discussion about BNB price. Its price is increasing non-stop and soon it is going to break its ATH record of above 700$. Binance Exchange has put in place Burning mechanism same as Ethereum Network does. So as a result BNB will burn with every transaction which will eventually reduce supply of BNB in the market. Thus, Price of BNB will increase at fast pace and we might see BNB surpassing 1000$ soon.
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Brothers, Cointelegraph me ek news item publish hoa ha jis k Mutabik USA k mashoor shaher Newyork ka aany wala Mayer ne kaha ha Students ko school level se hee crypto k bary mein taleem dee jai taaky unk es k bary mein shoro se hee aagahi ho jai. Es se pta chalta ha k crypto kitni ahm ha or aaany walay dino mein eski adoption massive levl pe hony ja rehi ha mgr afsos ki bat ha k hamary Mulk mein abi koi es bary mein significant development nhi nazer aa rehi, https://cointelegraph.com/news/incoming-ny-mayor-wants-crypto-taught-in-schools
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I keep wondering how is the situation of retirement pension deductions, life insurance, how will the person make a loan at the bank?
let's imagine that someone has a salary of $500 per month, this person receives his salary in the bank and thanks to that he can borrow in the bank of $5000 and the bank will deduct $130 from his salary per month for 5 years.
if that same person receives his salary in bitcoin then he will not be able to borrow from the bank to pay with salary, unless he has other businesses
You have raised a good point but I think when Bitcoin will be accepted as a legal tender in any country the Banks of the country will certainly come up by introducing new products in crypto likewise Fixed Deposits, Loans and many many mores to address all above issues raised in your post. However, as crypto Enthusiast I am very glad that the world is gradually moving toward mass adoption of Bitcoin which has potential to change life of common man/woman.
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Bitcoin made very nice Bullish move this morning. New ATH is possible during the current week. www.investing.com
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