it's still very scary to see Bitcoin price movements on the weekend, yes this is because some traditional markets close, and make whales unable to contribute to the market, as a result many people do fake buy and sell, and volatility goes up, of course this will affect the trend of Bitcoin in the market, don't be fooled
Don't be scared, we've seen the worst from the current price, we have to understand where we came from before we reach a new ATH this year. The price was below $20K before the bull run starts, and we are still higher than the price before, so even if will go below $30k, we are still in profit if we bought during the dip, not the peak. We are not in control of the price, it always depends on the demand, and it could fall like before, so be strong to hold. Still good in terms of stats since last year, there are lots of fuds and too bad that newcomers are being victimized by those people, instead of keeping their assets they believe that more dumped will come and recovery is no longer coming. It's very important that you fully understand how volatility really affects this market, afterwards, you'll able to comes up with good sets of plans and you won't be shake by anything.
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Not always crypto market conditions are on a continuous increase, there will be conditions everything turns red, it's better when investing, we have determined the minimum price we can tolerate, whether it's loss or profit, this will facilitate asset management and decision making on market conditions .
Such attitude towards this investment venue is very important, if you have that balance with your investment you'll be able to adjust with your targets, either winning position or losing some of your money as long as you know what you are doing, the chance of recovering or getting something decent is very possible for you to acquired.
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It is always bitcoin for me, no altcoin can replace bitcoin, bitcoin is the father of cryptocurrency so I don't think that any altcoin can reach its value. Bitcoin is goods at investing in the long term, I am still holding my bitcoin and will keep holding it until the year 2024.
In terms of solid support bitcoin still have a much higher recognitions from every investors and traders, Bitcoin being the first crypto to recieved adoptions from real businesses already established it's popularity. Though we don't know what future awaits to each projects including ETH but most still support Bitcoin. Long term holders already proven that holding is the best way to maximized your gains.
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I am currently profiting from crypto, and I will continue to love crypto and I think crypto is better than stocks. with crypto I will earn fast because I think the potential for crypto prices is always going up in the future. There is no third party crypto, so transaction fees are relatively low. Crypto would be very difficult to regulate like stocks. and if crypto is regulated, maybe more and more new rules will occur, and those rules will definitely burden crypto investors. so in my opinion, the stock will remain a stock with all the rules.
I always love crypto and its definitely better than stocks .I did trade on stocks ,forex but i made huge loss there .At last i have found crypto and starting to get profit here .the rules and regulation could be a fact here but nothing with the crypto .However its an open platform and i investor are getting involved here more and more .So that i am always with crypto and hopefully it will set my future . Good for you if you find this venue much profitable than stocks, there are many people who see the same way, especially those who managed to make decent money from this investment platform, though people have different views in terms of comparing this two places, it's an open opinon to everyone.
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Not only cryptocurrencies of course. I have made an investment into gold also. Because I see both of Bitcoin's and gold's future really bright. They will be the best choices if there is an economic crisis I think.
If you have good amount of spare money, it's good splitting your assets. As long as you both belive and trust the assets that you have, the chances to gain is always possible, there are venues where you can apply your knowledge in regards to trading.
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As is our knowledge, bitcoin can help solve any economic situation due to the valid fact that it offers by breaking down barriers. The country of Iran is interested in bitcoin to seek monetary solutions due to the sanctions it has. I don't know what will happen to bitcoin now that more countries want to join. I only wish that all these inclusions are for the benefit of the citizens of these nations. If there are more countries to legalize this system, like what you have said it's breaking down the barrier Iran may have more transactions to process using this chain, it will helps the people which they are capable to manage deals using the online transactions, but always depend from how the government will utilize this system..
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If you guys have high capital amount then invest in Ethereum, BNB, LTC, Polkadot, and Monero and if you have a low capital investment then buy dogecoin, Cardano, ripple, and TRX. These all altcoins are among the top 20 altcoins on coinmarketcap so investment in these coins is safe and highly profitable but you have to hold them for at least 2-3 months.
Lesser chance of losing a lot when you invest your money with known coins around the market, it's not an assurance but compared with coins that are circulating inside those mentioned coins already have good community support, when pump happened those coins will pump following the conditions of the market.
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I'm less sure to say this is a correction before the altcoin season. Maybe some time ago we had a pretty lucrative altcoin season. Corrections are commonplace in the crypto market. We don't need to panic over this correction, just hold onto what you have and wait for the next pump to happen.
Yes, it is very difficult to say for sure when the market will be corrected. Those who sold at the time of the market pump made a lot of profit but the current market will go up again even if it goes down we have to wait patiently for this it is likely to rise towards the end of 2021. Let the cycle continue, after that pumped all those lucky investors who bought their asset at the cheaper value will start selling to get their profits, it will followed by dump and bearish market will dominate, then again patience is in need here, if you have spare money it's also good to buy more so when the bounce show back you'll more decent.
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~
As what all of the people aware of the scams says in here, don't believe in doublers or anything that would 2x or 3x your sent money overtime. Watch some scambaiters seeing how they try to crap around these scammers in Youtube. It is quite funny. If the offer is something too good to be true, best to skip it and not to invest any amount either time or money. Those scammers are rounding around trying to find someon who will bite their offer and get victimized by the system scammers have, be aware and always put your guards up, don't give any reason for scammers to penetrate you.
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Money is definitely a bigger thing which gives you happiness as all your desires and ambitious luxurious thing which you dream of can be fulfilled with the help of money. Though not all things can be bough with money, relationship not always depends on money to be clear.
Not all but most of those luxurious lifestyle that the world can offer can be bought by money, you mentioned relationship and it's one of those things that money can buy, though influenced still gives an edge if you do have money, as most people desire to have convenient life they wnated to enjoy everything.
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Anyone that is very serious about Crypto investing should no by now this is the time to buy, you buy when people are selling, some people that sell now will come again to buy the top. There are some good projects out there now that are dirty shit
This is the moment to accumulate as many coins as possible, even if the price keeps going down a little bit more then this means even more opportunities to buy for a cheap price, we are far enough to the top in my opinion that this justifies buying bitcoin now, after all I think we are going to see a similar scenario than the one that played in 2017 and it will produce huge profits for those that were willing to take the risk and bought coins when others were scared to do it. It's also best to split your money, try to invest little by little so in case that the value fall again you still have certain amount of money to invest, some good traders take it as golden opportnities most of those day traders keep risnsing it out and try to make decent money from time to time.
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They have been doing this regulation process for years, and we don't see much effect on this platform. We all know how huge their community is, but it is not huge enough to make Bitcoin worthless. Hopefully, this is not detrimental to the market in the long run.
They keep playing and for sure their citizen are just observing and taking some time before dealing with crypto again, it happened before and it will continue and repeat itself, we will see again the period that they will say that they wanted to legalized or use the system and it will indicates interest from more chinese investors.
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And the bleeds continue, strong hands needs to add more patients and if spare money still available
it's also a good time to buy for more and wait till the price rise back. Currently he market still in red and
all of the assets are less in value, try not to rush in taking any plan if you are in your losing side, investment
always have up and down and the cycle will continue, do your best to stay positiviely and work on in every opprotunities.
if you have enough capital don't hesitate to make a purchase and hold it, because seeing the current correction it's not like 2018 and it can be seen from the beginning of the year that bitcoin actually increased and reached renewable ATH several times, different from 2018 which actually fell steadily. right now it is due to the concurrent effect of bad news and it is not good for crypto development to continue to be given the stage for such people to seek profit. by trusting the news that is tweeted. currently bitcoin is in a fairly stable position in the range of $31K-$40K and has no intention of dropping further below $30K which could make the situation different of course.but bitcoin does not do that, this indicates that bitcoin will try to increase. but it does need a process that cannot be instant, bitcoin will continue to rise and fall in a position that is already stable and prepare for the time when bad news is no longer happening and bitcoin will jump to very high prices. and it will happen at the end of this year. It needs process and more adoptions, for now if you indeed have good amount of capital it's still good buying more asset and keep it, make sure to store your coins inside your safe wallet, it takes time but it's fruitful many investors who take their long journey harvest the best outcome that everyone wanted to have.
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i use Auto CAKE STAKED on pancakeswap APY ~ 110.50% I don’t like to receive a volatile loss if the price moves too much in one direction. Because for me this is the best option.
stake or pool is greatly affected by future market conditions. it all depends on the platform used because some exchanges actually use asset locking that is staking for a long time and cannot be unlocked. a loss in the event of a large dump. because it will create a loss for the user. That's one of those risk to take when investing to this kind of system, if the asset are being locked the chance of selling it when rise happened is not possible and the risk in such events that the value dumped down after will hurt your invested amount, possible to get a huge numbers of assets but the value after the massive dumped is more lesser than the amount you invested.
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The hot rise of the market made the risk of correction happen and it happened according to the laws of the market. We cannot prevent that from happening. The bad news is just a form for the big boys to take advantage of to dumping. I noticed a large amount of Bitcoin has been bought back and put into cold wallets. We need to look positively at the bad news which are warning signs that the market is not good so we can get out quickly before the crash happens.
We should learn to analyze such events in order not to fail with our investment, the cycle like this will continue it's a must to have a better view before dealing with the market, if you know how to anticipate your chance of getting into the right position is far higher, You can buy in the right time and sell it with decent profits.
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Maybe because they are more inclined to make money out of things that you can physically see and touch unlike bitcoin that doesn't have any of that besides a code that only a few can understand.
Indeed, they are more engaged with something that they are seeing in physical, more on the actual thing and not just by specualtions, those rich people who builds empires of businesses are not easily convinced that digital assets will achieved more supports especially if everything are more relying with specualtions.
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You are right we have seen big dump and still in bearish as Bitcoin cross 40k last night but again now it is below 40k and hopfully market will go bullish in next few weeks but need some good news too.
again the value bounce back to below 40K the news of Tesla create some hypes but not sustainable to bring more investors back in business, seems that the market needs to have more good news to recover and start hyping the price, for newcomers this is another opportunities to collect their assets as the chance to see another bounce up will happen.
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USDC is more preferable for me if I need to store funds. I use USDT & BUsd more often but still I have less trust. DAI has also worked well lately.
Agree with you on USDC. It seems to be one of the trustworthy stablecoins. But at the same time, BUSD won't be a bad choice. Binance is the largest cryptocurrency exchange right now and they have maintained their reputation intact till now. My concern with BUSD would be related to centralization and not regarding the reserves. That said, there is no doubt that I would prefer either USDC or BUSD over Tether anytime of the day. Both of them can be trusted more than USDT and the Bitfinex exchange which issues the token. Choosing in between, you said it right both coins are good and the reason with your words are fair enough to rust those assets compared to USDT, you have to assess though if how far you understand and trust those creators of this stable coins, from there you'll be able to start your journey.
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You are tired of it? You should've expected this long before you even had the thought of investing with cryptocurrencies. It happens and you may look at history that will show the same thing. There are dumps and pumps and sometimes it stays in one price for a longer period of time until another bubble bursts out. You should just be patient right now. One day you will be glad that you did wait and will learn to never get tired of a static price.
Good point, before investing you should anticipate things like this from the start, a normal market movements that gives opportunities to every traders, this kind of cycles are mostly repeating itself and you should do your research to catch up the train.
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someone who have power in money, popularity, will get more and more than just ordinary person. just with one tweet he can take much fish from this pool, crazy. people will do what make them take the advantage, not much as the richer, but they get profit too. they have strategy to make profit, and other people must have own strategy too.
That's life I guess, people with the power and money will have all the advantages that the world has to offer and I think that it will be the same until the end of time, we have no control over human behavior. I don't think that they are blind, they know and they see it, they just don't have the power to intervene. that kind of realities in life really affects how we things moves, people with power and money are the one who mostly dictates the situations, those who simple people see it but due to lack of capacities, they are just letting it go as there's nothing happened.
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