On-chain data on glassnode shows:
Shocking bitcoin supply on centralized exchange, less and fewer bitcoins are stored and traded on CEX exchange.
The number of holders from 1-10 BTC has increased a lot (orange line) in the past 2 weeks.
The market has endured more than 4 months of decline, are we preparing for a new bullish season?
thank you for providing important information about Bitcoin, if it is true that the Glassnode indicator is correct, and Bitcoin will experience a Pump again, it seems sideways this time it is a good thing to buy some Bitcoin to hold, I often read on glassnode, but not all of them can read, and I am very lucky to have this information, technically analysis Bitcoin has also broken out of $40000, and there is an opportunity to go up and return to $50000, hopefully |
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Trade less but earn more? Your strategy might work for you but not for all of us also you did not include that the risk is also more than the normal trades, many people are trying their luck in trades without actual knowledge in gambling. Also, I don't think low cap coins doesn't have futures but you can do a margin trading on those.
ya.ya.yo!
Yes we can't just to implement other people's strategies for ourselves, Even though the strategy you use works doesn't mean it will work for us too, trading without knowledge I think it's like speculative and it's not right to use it in crypto |
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Rather than asking for everyone's opinion, It's better you start to learn how to do some research on a project. If you're reading a lot of people's opinions it only makes you confuse to choose which is better, which is safe, which promising to invest. Also don't ever FOMO when you see someone who earns a lot in play2earn games probably because they invest a lot of funds and time in there.
Indeed, if we rely on other people too often by asking their opinion continuously it will not be good for ourselves, after all we should practice and try to do our own research so that we can at least make our own decisions, one must realize that what other people do and make a profit doesn't mean it will work for us |
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Fuds are always there especially when the market is red, FUDS sometimes also comes from the Pope who hopes to buy at a cheaper price, and we who know Bitcoin for a long time or at least 2 years should understand and not listen to the FUDS, focus on the purpose of Profit or hold according to the time we have planned.
the only way when FUDs come and cause dump prices is that we have to follow the story of the whales too, if it's a dump then cut lose is a good thing, and after that you can buy back at a cheap price again, for smart traders it's not scary, FUDS = Money hehe  , stay calm and do it with concentration. |
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Too long for Hold will make us stress, we will continue to eager even dream if prices continue to rise, sometimes markets are different and often make us have to be ready to sell even though with the conditions of loss, and in my opinion to sell when it has got a big profit is the best solution especially now There is already a stable coin that makes us not worried about buying the coin we want.
That's why at the beginning we at least set a target first because if we just keep holding it and the coin doesn't support it then we can lose, if we have top coins like Bitcoin, Ethereum and BNB I think it's fine if we continue to hold them without worry, set a target then follow the market movement and that is the important thing |
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there is no hope, all shitcoins are dumped when the price of bitcoin is also dumped,
on binance, shitcoins are slowly being delisted from the exchange, there have been lots of them,
and of course that makes us anxious when holding coins on binance, especially now old projects become a shitcoin.
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It all depends on mass adoption. In countries where Bitcoin has been recognized as a legal tender, I think debit/credit cards are slowly becoming obsolete. I do not think there will be a complete elimination unless the banks close their services. In India, we rarely use debit cards nowadays due to UPI transactions but we are still using credit cards.
So far, only a few countries have legalized Bitcoin as a means of payment. if in the future more and more countries legalize maybe either credit cards or debit cards will be abandoned, Yes, for deletion, I don't think it will happen, but rather it will be abandoned, but anyway we need to see how it develops later |
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today the crypto market is showing a positive sign, it looks like the price of Bitcoin has increased to $ 41000,
and this is a good sign to start the bullrun again, altcoins have also entered a recovery period, if you still hold altcoins then hold on,
don't sell altcoin at cheap prices, because you can regret it if you sell now.
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five percent of my investment i am planning to take risk and invest in risky coins which gives 100X returns . Please suggest me any projects like that other than meme coins
we can't be 100% sure you get 100x in crypto investments, all you have to do is try and pray, because investing is not a game, if you want to get 100x, maybe you can play binary options or futures trading with 100x leverage. |
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I myself have been paying attention and focusing on BNB since 2018, because in my opinion Binance is one of the tokens that has enormous potential, the proof is that until now BNB still survives and has very many users, the price is increasing from time, even though currently the price of bnb has fallen but i will continue to maintain my bnb assets, because i am very optimistic that the price will continue to grow,
The price decline experienced by BNB at this time is a natural thing because currently almost all coins on the market are also experiencing a decline because we often see that altcoin prices will follow bitcoin price movements, so there is no need to worry about this temporary decline, so far I have also invest with BNB coin because it seems with this coin maybe we can get a bigger profit if the bull market has returned. yes you are absolutely right, the decline in the price of BNB is not a sign that BNB has finished, in fact this is the beginning of BNB to shine again, as long as the price of BNB is still above $ 300, BNB still has a chance for a new all time high this year, on condition that the price Bitcoin did not drop below $30000. Until now I also still hold BNB with of course having a good and correct strategy |
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FUD used to play a big role in disturbing the market when there is something negative. This happens as a result of fear among the common users who are small scale holders in terms of volume. The same gets used as an opportunity by the whales to accumulate as much possible. Nowadays this has changed and that's the reason why the market hasn't got disturbed even when there is high volatile market deviations in short time period.
what do you mean? the crypto market isn't bothered by FUD?. I think you are wrong, because a lot of bad news affects crypto prices, especially Bitcoin, did you not see when the Russian war started?, yes, Bitcoin prices fell quite deep, and also altcoins, so FUD will not affect the crypto market is a lie! |
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Currently, the value of bitcoin has come down a bit due to its declining value. However, this is not unusual as it is a very large market cap so we can expect its value to increase a lot in the future.
Apart from that I think we must remain calm considering the current conditions, sooner or later the value of Bitcoin will rise again so don't worry too much about it, actually it's a topic regarding Shiba and I think it's a little off the mark with what's being discussed |
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The gamblers should always get prepared that the market does not work in a way that everyone think it's going to go. Market is unpredictable and those who are gamblers would tend to loss more when things go wrong. Although there is always a urge to leverage more when one thinks the market is going to dance to our tune. I think the newbies trader sometimes do fall in this situation because of weak knowledge about the market.
For newbies, better be ready to lose money in the beginning, I think that is a given fact. You can't simply trade and be 100% on making money. So for me it's good to lose money but at the same time learning through experience. For gamblers, they doesn't care, as long as they think they will profit, they will bet everything they had. As compare to a good trader, wherein he looks for market signals before putting money into the game. I think you are right because being a trader is a part to get to perfection. one needs to have made some mistake that will make them better. If you analyse the crypto market and at the end things couldn't walk in the way you planned it, using the mistake to set pass makes one to understand more about the Market and make proper adjustments next time. The more we try, the more we will know where the error is that must be corrected. in trading we can't just theorize we have to be brave to try so that with a lot of experience it will make us better, In addition to increasing understanding of the market, we need to always improve both knowledge and skills as well |
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5 best exchanges in my opinion of course I will put Binance at number 1,at number 2 there is Kucoin, number 3 is of course Bittrex,
number 4 is FTX and number 5 is Indodax because Indodax is the best exchange in Southeast Asia.
If you don't have an account at one of the ones I mentioned, then register immediately, because these 5 exchanges are the best.
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I prefer altcoins than Bitcoin because potential altcoins can give high return. On the other hand, Bitcoin is more secure and trustworthy. If you want to invest on altcoins then you can choose top 50 coins from CoinMarketCap. I hope you'll get your desire profit.
For Bitcoin, I think it is the most ideal for long-term investment because apart from being safe, the potential to continue to grow is also large, yes maybe the top 50 coins can be a reference and of course don't forget to keep doing research, after that choose an altcoin that really has the potential for the future |
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I have all of these coins:
ETH 40%
CARDANO 20%
POKALDOT 20%
TERRA LUNA 5%
THETA 15%
Avax: 10%
Are my coins going to last is it likely?
Yes, I am very sure that the coins you currently have will continue to be able to survive in the cryptocurrencies market for up to 5 years and maybe more than 5 years. because the coin you have is an altcoin that has good and strong fundamentals such as ethereum and cardano. but all that happens to cryptocurrencies nothing can be predicted. the six coins written are coins with strong fundamentals, Polkadot, Ethereum, Cardano and others, are very popular in the crypto community, many are holders of this coin, so for the next 5 years it is very safe and I also believe the price could be 5x even 10x in the next few years. and unfortunately if I can tell you, you better invest in 3 coins only, and maybe you can put more money in Polkadot. |
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$30000 is a lot of money, I would buy property in the real world if I had that much money, divide it in half,
$15000 to buy crypto currency and another $15000 to buy in the real world, because you have to know the risks that will occur,
don't feel Your $30000 can be a lot when investing in the crypto world, you can go crazy later.
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you should invest in Bitcoin, why? because when the price of Bitcoin is cheap of course it is an opportunity to multiply the bitcoins you have,
especially now the bitcoin price is still below $40000, many traders and institutions have bought Bitcoin at the price of $38000,
if you haven't bought it yet, then buy it now and hold it for 2 years!
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I like the idea that Shiba inu will leave behind its token and go for a mainet separate blockchain, this project will end up erasing it's "shitcoin" title just like how doge coin is now a better option for investors, I'm ready to keep gathering this coin for long term I'm satisfied with the way they handle things.
I think we need to appreciate the performance of the team who continue to develop Shiba inu, hopefully the development will not stop here and will continue, we'll see later if it's really worth keeping Shiba inu for the long term or not |
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