Crypto has been what? just existed in the last 10 years. So obviously prior to that, people are living in pure fiat world. It was designed though to a micro payment, but what can we do it evolved itself to be an an speculative asset.
Many adopts BTC nowadays but doesn't mean we can't live without it, those who take advantage of this usefulness as a job or as a way to gain profit were lucky enough to know it, maybe if they dont know btc yet they were too focused in their careers or life as usual but since they discover and make the most out of it they were able to have a easier life in terms of making money provided they are knowledgeable in crypto trading. |
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Many were taking these chances to buy bitcoin at the lowest price possible, even we all wanted to do it only institutional companies or whales will be able to get a lot during these dips, we cant ask all to hold their investment during this time as we all have our different needs in life maybe they needed it this time that's why they sell it. These dips will attract more investors and companies to engage in crypto.
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It is true that we are seeing many altcoins going down at a very high rate even in a short time period. At this point, the most important thing to do is doing a very good research. Because there are really small amount of altcoins which can be trusted for HODLing.
Its been proven that not all altcoins are capable of enduring the dips, some once go down weren't able to go up again like what happens in many ICO projects before who turns out doing exit scam. Better watch out for all the coins your holding or move into safer and trusted coins that endure already many dumps but able to cope up after. |
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Man, there's a lot of crypto channel that I didn't know which has been said by other people on this thread.
I'll make sure that I'll be watching from any of those.
Searching them now one by one,I dont usually follow crypto youtubers especially before since I thought of them doing content for only Bounties in ICO before so they will sure to give good feedbacks or reviews in it, but now i may find it suitable fir technical analysis and to get updates sincebI prefer joining in telegram groups for update before. |
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I've experienced a similar issue where my exchange account lost all its transaction limits, eventually they reached out to me but they didn't mention the exact reason and I had to check all of my transactions until I found that one old transaction which came from a gambling site. After that experience i've been very careful with my transaction and always assume every exchange have these rules and just like everyone else my solution to this is to use a non custodial wallet.
On the second exchange you're using you could get away with it now but from here on out you could also be at risk of losing your account if you're not paying attention to the terms and conditions.
Same issue happens in me in my crypto - fiat app were they banned my account and needed to provide documentation for me to get refund of my money via fiat. The issue is due to gambling transactions which is prohibited in their app. It is a exchange wallet registered in our country they only banned my account when I did a bigger transaction but when it's only small at first they didn't mind it until they notice the one which is bigger in value unlike the first one's. |
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There ate telegram groups which offer the service at the same time give notification heads up on the possible market outcome thru charting, some are paid and others might be free subscription. But before joining in anything make sure you know how to trade or analyze charts or market to not be swayed in any decision making when you see some posting their speculations, it's better to join when you know how to analyze at least to not be fooled by anyone since at the end our decision will matter.
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I don't think so! looking at the charts you can see that there is a lot of support around the 30000 area possibly a lot of pending buy orders waiting to be filled around this area too to take price on the upside. FYI a drop below the $30K would change market sentiments to be bearish.  It still hard to determine if upto how much the market will be, some were waiting to do buy back and probqbky hoping for prices to go dipper, once it reach lower 30k theres a possibility that the bearish trend will go up again. Many were just waiting for signals to buy. |
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It is a subjective thing actually. Some people think that the best option is HODLing. Some people prefer daily trading or short term investments. People should choose what to do wisely not to regret doing it later.
Will depend on our capabilities in life and how we busy we are. Some were not able to do trading due to their schedules while others can't do it due to lack of experience and fear of too much loss that's why the prefer holding,but for me it's better to try to trade and learn to avoid huge loss especially at time you'll need the money. |
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well, I also think that Tesla is selling the coins they hold. however, I didn't think about the numbers. it's just that the current decline is really quite impactful. it is certain that many coins were sold so the price decreased to the way it is today. maybe he wrote like that to appease other holders.
It's his strategy to be able to acquire more when the price dips, I doubt if he already sold all his holdings, maybe just a portion of it to get an impact in the market and see what other holders will do. Our only option is to join the FOMO or just relax when the price dips and buy more whatever our decision we must take into consideration that crypto is getting more adoption so holding and acquiring more can still be in our option but we must learn to trade to properly grows it. |
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Doesn't really matter if we entered it earlier than expected or if it was dragged out for too long. The fact here that most of the cryptocurrencies in the market upped by a few hundred percent in just a span of 6 months is a successful venture in and of itself. We should just lay-low for now and hope for the best since this might take a long time yet again, but the possibility of us reaching a new ATH is very possible.
A good run from the start of the year, the price may go dip but many aims for t to happen to be able to buy, many regrets they didn't buy before the bullish market happens, now is their chance to wait and buy. If we wanted to buy in we must be updated from this time on because we never know how to dip and how fast it may bounce back once whales or companies enter. This year's dump can be a different story from 2018 as it's more manipulated by companies or more on tweets. |
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I don't mind what Elon is doing but the people are following him blindly. I think a lot of them lost money with this last dip since they mostly are hype and scare money. At the end all of this will pass and crypto will be on it's track like always. We saw that over the years.
Newbies might be affected of dip since they only knew to follow from hype or tweets created by influencers like Elon, but those who really knows how to trade definitely canntake advantage to make it their profit as well, we can know fact that when we earn probably someone losses their money in trading. Many can join Musk in earning whenever he tweets as well some might be left behind when no knowledge at atll about how trading or how it works. |
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I am waiting for it to happen but I don't know how much it would fall or how long would it stay low.
Are we going to experience a continuous drop again just like in 2018?
And if we would how low do you think it would reach?
It's hard to determine up to how much but It will not be like the 2018 dump since there are already institutional companies that heavily invested in crypto, there are already many who are waiting for the dip to happen and buy. I prefer to buy little by its breaking point since anytime soon once those who want to get in buy, it might be too big that price may jump too high. |
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Holding Isn't easy for a average trader. Holding is easy for rich traders. When I want to buy a coin, I have to take time for analyzing market. And if I see any dump after investing, Then that's the hard time to hold that coin for me. Previously, I missed profit for this type wrong decision.
Holding is no longer profitable unless we had a really big portion of that coin, but if not then trading it will make us gain more profit. I have learned my lesson with my past holdings of altcoins from ICO that now have no value so better have the courage to trade and take some profit to enjoy than hold too long except if it BTC. |
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I haven't seen any gambling sites that can make you bet for this kind of tournament maybe because it is not that popular, and if it did I think this could be a hit and many will surely want to bet for the bulkier dude that is on this tournament
I don’t think its a good decision to make such a tournament, its like a petty fight between childrens who are not able to agree in one decision. Having such tournaments with no valid aim or goal is just like watching a catfight. It might get popular in a short while but not to the point that people involved can have a career, maybe just for fun. |
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Risk. The Risk of investing into Crypto is very high as compared to Stock. After this bear market I won't bet against BTC price correcting and losing 70% of its value again from ATH, just look at the recent dump from $60K to $43k in days. But with regulators in STock market they can easily help protect investors and prevent the huge loss of investment. Also all these Meme coin will be gone by the next bear cycle
Most listed in stock market have their own companies that are known or been identified in the country or having a business that produces somewhat a good product, thats why they are able to get listed. The risk in stock is lesser as we can easily research the companies profile beforehand without fear that they can scam us or just anfake team like many ICo created before. The factors to consider in-stock can easily traceable or research but in crypto, we need to fully put the effort into analyzing them thoroughly especially if it's a new coin. |
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Children who are addicted to online games are usually because parents never give time limits for their children to access gadgets, parents are too busy and forget to interact with children, maybe parents have to start applying rules, give time limits for their children to access gadgets, change passwords wifi regularly so the child cannot freely access the internet, and also the child must be given other activities so that he can use up his energy so that playing online games is no longer the main focus, and also importantly parents must be spend time interacting with their children.
Parents nowadays were also too busy with social media or their online world activities, they should also limit themselves to be able to know what their children doing since online is too broad now that every activity like gambling is present. With proper control and bonding, they can discipline their child to stay away from gambling if they can introduce them to other activities with them having interactions or bonding that can grow their personalities or family relationship. |
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Before when mining rigs and mining jobs were too popular and BTC just started to have its popularity , many aims to buy and create their own crypto mining but later on finds it unprofitable due to high cost of electricity, those only who can maintain their consumption or have alternatives like solar panels can fully earn in these mining business but since adoption increases in crypto its quite impossible for its price tofall just because of energy consumption since there are already miners who set their mind in doing it.
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Being in debt and then being used to trade is an unhealthy way. It creates a lot of problems, we need free money in trading. Trading requires peace of mind to make decisions, if money is not healthy we use we will certainly easily get losses.
There's no way we will be able to get free money nowadays that we need to really work harder to be able to earn, traders and even everyone dont lend money especially if were also in need and we know there is no way for them to pay the borrowed money. Those who trade should have their definite source of income to be able to trade properly to lessen the pressure when they do trading. |
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With casinos, as well as with the exchanges, sometimes happens similar KYC requirements, for some reason necessarily after trying to withdraw funds! And until then you could safely make deposits!  I consider it a scam, and leave such sites! Who knows where your data and documents can get then! Well, why worry about that when your government already sold your data to companies without your consent so I don't think that it would matter if they have KYC, most of the time, these KYC aren't that demanding. Kyc seems normal nowadays but we need to double check what website we are doing it. Kyc were required now in many countries to provide details if their customer for the business permits in whenever country that casino or exchanges staying, as long as we know that the website or casino is legit and have names to take care eith then having KYC is not really a problem. |
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Illegal casinos can be found in Dubai and some of the other Emirates. But be ready to face the consequences, in case you are using them.
They might already been investigating and planning what to do with the illegal casinos that are popping in Dubai, being a known country with advance technology and tourism it's no doubt that there are businesses who will do illegal things just to make money plus it worsen the condition due to Pandemic that makes them maybe do operations since government is focus on other concerns at these time. Atleast we all know that casino or gambling is illegal there so we can warn people we know there who might get associated with these activities. |
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