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price drops like this are common, and are always balanced by negative news, sometimes publishers of articles like this, always follow the direction of the price when btc goes down they hit btc with bad news from various sources, and vice versa, but for true holders and they pioneered bitcoin from the price of 10 $ they will not worry because as long as the volume movement in the market is still there, I don't think bitcoin can be said to be dead
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I don't think it's only Salvadorans who suffer losses if they buy bitcoins at a price of 50k$.
maybe the case of elsavador is different from that of ordinary holders, because btc is in elsavador for reserves if it is sold now it's normal because it's for the needs of their country, basic needs must be met if you don't have any more funds then the reserve funds must come out even if you lose once
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everyone must experience mistakes in everything, not only for beginners but for professionals can also experience the biggest mistakes, which sometimes make wrong predictions and are not quick to make decisions when it comes off and re-enters, my advice if you don't want to lose, throw it away far the nature of greed in seeking profit from the coins we have
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a holder must be strong , in all respects if you have a target in investment , if the selling / profit target of one investment is realized I think there is no harm in releasing it ,
for now a strong person is in the current era where people buy btc above the price of 50k$ and by looking at the current btc price with minus reaching 70% maybe already and hoping to return to ATH at 60k$ maybe more
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when the market is experiencing a decline like this I think my btc is better I save without buying goods/services with btc only save for now
and even to buy, I still think how many times because hard times are very real inflation has an impact on my finances, so I save my fiat , for my life today tomorrow and so on until this inflation ends
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keep holding because you've lost 70% can't be saved, just waiting for the market to recover that's all my advice at this time. downtrends like this have existed but are not as extreme as now
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currently panic has become an obstacle for the value of BTc itself where the value of btc is getting lower to 28k-29k$, hopefully this is the lowest value of BTC, my advice if you are going to buy bitcoin when the rising wave is visible, don't now there is still a possibility that btc is still going down
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I think the third point is the reason why btc can't be adopted in every country, because the unstable bitcoin value is what makes the government don't want to know about bitcoin, but if btc has a flat value like fiat I think btc can be accepted, it's just that there's too much drama in it. government
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why wait? I think if you are ready to enter, hurry because we don't know when BTC will PUMP back
but if he continues to drop to 29k$ stay calm and believe btc will return to 60k$
everyone returns to their own decision and I only remind you to use cold money, don't get out of debt if you want to invest in crypto because the profits you can get cannot be promised unless you are a trader
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BURN is, in my opinion, the best proposal for LUNA. What are your thoughts on it? What will happen next, and which proposal will be approved?
Burn is not always good, the case with Luna if you want to burn I think it's too late and will only harm the coin holder, I think, Luna shouldn't have to increase the supply if she wants to save LUNA before, whatever was on Kwon's mind at that time |
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there are no coins that give me 100x at this time because indirectly I never thought if the coins that I have can give 100x, there are coins that are getting lower in price and I don't know if this coin survives
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I think both are good, with exchange rates that are not that far apart, especially at this time it's better to save USDT or BUSD because of this uncertain market situation, so you can minimize losses
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Do you guys think that it has a potential to regain it's place as silver of all crytos and being ranked in the top 5 on CMC??
I don't think there will be a place in the top 5 positions of CMC for LTC because I see LTC winning is no longer worth investing in long term but if you want to play in the short term I think you can still make a profit |
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Has anybody thought of buying Luna despite what's happening?
will not buy back luna , i have sold my luna when the value fell 30% of my initial capital at least i didn't lose too much I'm grateful I'm not like my other friends they haven't had time to sell their Luna |
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in this case everyone who is in the crypto world will definitely understand when to buy and hold their altcoins, judging by the current market it is difficult to choose which altcoin will give the best value, it takes in-depth research to make a choice but if you don't want to lose a lot we can stick to BTC for investment
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coin scam dibsc can be seen from the unexpected distribution and non-existent price, where there is no progress in the project and bugs often occur
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You can use cryptorank.io by clicking the currencies tab and then you should also click filter and try to filter it by type of coin. That will be showing you only coins that available in the market that built on its own blockchain. https://cryptorank.io/It was working even better compared with another site like CMC or coingecko. I think that you can try to use it as it's takes only a few seconds to do that. same with me if you want to see and look for coins that are good I always go to cryptorank.io where this website is better and more accurate in my opinion than coingecko but if you want to make a list of the best coins, I think it's very boring because favorite coins are always changing |
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And make big airdrop.
try to think about where you spend the funds for the airdrop are you a sultan who has excess money? please make a stablecoin airdrop try to learn first the terms and conditions for making shitcoins and so on about crypto, let's learn in this case if you have a solution in overcoming poverty by using stablecoins tell me |
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I agree with you, avoiding loans is the right attitude in the current inflationary period, I personally don't dare to speculate in terms of investment if you don't have more money it's too risky
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