Still, the first letter should come from Bitcoin itself. Let's give Caesar what's Caesar's, okay? My point too. I would've patted the OP on the back but for that. How did they miss the most important word here Bitcoin, and the most amazing innovation of the century Bitcoin. It's supposed to even be a double mention whenever issues around cryptocurrency and BTT are discussed.
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I like what you're doing that's why I'm giving you one merit. I'm out of smerits but I will merit the post when I can.
Givers never lack. Your intention is germane. I also gifted OP on his translation of this thread at the local. It was a nice attempt by them. I'm gifting you so you can fulfil that desire of yours (now of elsewhere). Beyond all this, I like to see more translations of relevant threads in local flavours.
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Well I stopped trading long time ago and I just stick to doing my usual strategy which is holding.
Well, while at it you may want to consider staking them. Hodling is cool and fine but nothing says you still can't earn extra quantity while hodling. I bet a lot of people don't know that or if they know, they're too scared to venture into it. I don't like hodling any asset without staking it if it has staking on it. It's either I'm trading an asset or I'm staking it. There are reputable exchanges and sites that allow for staking. Binance is one of them.
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but for some reason, people still do not feel hopeful when the price is low.
I made a post in another thread on something similar and my thought (in conclusion) was that those who are likely hearted shouldn't be in cryptos. Nevertheless, I know that it's unconventional for investors not to despair when assets they're hodling are dipping. However, there should be exceptions where investors also utilize opportunities provided by market dip to make more profit or restrategize and get more tokens of whatever assets they're hodling. If a token I'm hodling begins to dip, I look for ways to average the loss. It's DCA Dollar Cost Average. I buy more.
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~snipped~
I've been from crypto trading and it wasn't just working right for me. I wouldn't call that I didn't have the set of skills, maybe just that my time doesn't work for trading My dear, having the set skills is all encompassing. It also includes knowing your time for trade entry and exit and then sticking to a trading plan. It goes way beyond the use of indicators. A lot of traders make the mistake of picking on trades without first monitoring the pairs and knowing the behavioural pattern of that pair for a while. No! That's wrong. Don't just hop into a trade. Take your time. Allow whatever candle you're monitoring to close. Make sure it closes first. I've seen candle formations change even in less than two minutes to its close. I had learned some TA tools like the Bollinger Band and RSI, but it wasn't just enough.
Try not to rely on indicators that lag. BB and RSI are lagging indis. Focus more on Leading indicators of Pivots Point, Support & Resistance, Trendlines. Those will surely improve your trading.
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My current choice is only two, hold or cut lose.
Yes, that's the way to go; especially the first option hodl. You can also do dollar cost averaging DCA. That's; buy more as it drops to average out your loss. Understandably, I know that's a hard thing to do right now because most people are in a panic and it's obvious in the behaviour of the market. It takes an investor with a steel heart to buy at this moment that the market is reddish. This dip, I believe, will herald the alts season. We saw that happen in 2017 when Bitcoin started dipping in December of that year after hitting its ATH and the preceding month (that's January of 2018) alts began its rally into first quarters. I expect that to happen now if history were to repeat itself.
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My cryptofolio is down 1/3+ I officially understand the principle of not reacting emotionally. How have others kept their wits during downswings like this? How they react? For me, there are two options here; you can make your pick. One, you can choose to avoid looking at charts and price flow as that will help you control any panic and keep your emotion in check. I know that won't be easy a thing to do, especially if you're just coming into crypto investment newly. Secondly, you can DCA (Dollar Cost Averaging) your investment at this time by leveraging on cost and getting more of those tokens you truly believe in. Get more as it dips. Apply the Warrent Buffet philosophy of, "buying when others are scared." Side note: Crypto trading and investment isn't for those who panic at the least market fluctuation. Be courageous.
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Worth noting OP. You've included potentially sensitive information, since the user has their email hidden from the public, but your screenshot shows it despite it being somewhat low quality. Might be worth removing it, we don't actually need to see what it looks like on their side.
That's true but then it's really blunt at my side. Perhaps many won't be able to make out what's in the complete email address apart from the "gmail" suffix I suspect I'm seeing there. Come to think of it, if it's a gmail account (that's what most hunters use) I don't think the user will care much for its privacy if bounty hunting is his aim being here. Bounty reports often bear hunters' email addresses on the spreadsheets. One way or the other, the user is more likely to still expose it.
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I'm officially the EMERGENCY. Someone please call 911🤪
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Im not talkimg about peer to peer transactions since its the only usefulness of bitcoin unlike altcoins which can be used on defi product that works similarly like bank.
I know Bitcoin maxis won't like this comment 🤔. But if they will be honest with themselves they should know that ETH and most alts have this over Bitcoin. No matter how centralised they want to classify certain alts and condemn them, they should never be in a hurry to forget the usecases of these alts. Most of these alts continually advance this crypto industry. That's a fact. Sentiments apart. That buttresses the point that we've to be objective in our assessments at all time, not minding whose ox is gawd.
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If you are fudding altcoins but you do any of the above then what are you hypocrite?
Honestly, I also laugh real hard when I read here about users calling anything aside Bitcoin shitcoins. It's even more hilarious when I read about my compatriots louding and cheering that point of view here. I'm cocksure that these compatriots have enough alts they're bagholding. Why join in fudding while you're also secretly patronising and hodling the same thing? Sincerely, that attitude beats me hallow too. Am I the only who cares to defend that not all altcoins are scam? I'm betting not.
But of course, you're not the only one. There is a battalion behind you. Those who lambast and categorize all alts as shitcoins will advise investors to buy from top listed alts if they wanted to safeguard their investments. To me, that sounds ambivalence. Quiet alright, Bitcoin is the pathfinder in this industry but that doesn't distort the fact that there are great alts too.
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I have always felt that those bounty reports should have been done off-forum... Either on a dedicated site that was built for nothing but handling those bounty users, or maybe even in a google spreadsheet document directly.
Honestly, I feel same way too. It used to sadden me those days I participated in bounties to report weekly tasks here. It made a mess of my post history. I guess a lot of bounty managers also observed that I moved weekly reports to Google sheets. I think hunters should key into bounties whose weekly tasks are reported on Google sheet. It helps sanitize and keep their post history neat. Besides, not so many users would like meriting posts from users whose post histories are littered with bounty reports. It's a great disservice to hunters themselves.
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What and what to avoid in this crypto world
First two things: 1. Avoid those who tell you that Bitcoin is a scam or a Ponzi scheme or a "Get Rich Quick" investment. 2. Avoid those who tell you that ALL altcoins are shitcoins. Once you keep those two at arm's length, I think you should be fine. In addition, don't go into crypto trading if you don't have the set skills for it. While at it, invest only cash you can afford to lose.
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Will it pump up again? Do you have any idea?
If you were referring to Bitcoin, yes of course. It will pump. Regrettably, no man can confidently tell you when that pump will be from now. Crypto is a highly speculative industry and as such the best any investor can do is to gauge the market with the help of fundamentals and technical analysis. From technical analysis, Bitcoin seems to be south bound ATM. However, I would let you know that you should expect a pump later. After the rains comes shine.
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Or thats the end of crypto?
I wonder what you will say now that Bitcoin has gone down to $38,000. Aren't you already shitting in your pants 😅. Cryptocurrency isn't for the lilly hearted. It's a volatile terrain and can't be said to be predictable. That's why it's advisable to only invest money one won't miss in case it vapourises with the wind. Concerning your question No! This isn't the end of cryptos. We may be slowly plunging into a bear run but it's certainly not an end to it.
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Now that we are in 2022 is 100k per BTC still possible? It seems no one is talking about this price anymore and now BTC is fighting at the 40k range, what do you think could still happen? Also it seems like altcoins have no high chances again unless BTC do the impossible
I believe the major reason people aren't talking about the $100k price projection for Bitcoin this 2022 is because the feelings is that this year is an expected bear year for Bitcoin. If it's a bear year, there's no way it would go pass its recent ATH which is $69,044.77 (according to Coingecko data). For me, I don't know if this year will turn completely bearish for Bitcoin. However, my conviction is that this first quarters will remain bearish for Bitcoin while alts find their mojo and make some people millionaires. As of today, Bitcoin is trading around $38k and that shows it has broken that major support at $40,460. If it closes around the $38k or below today that could mean a downward slope for Bitcoin has begun.
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I try ask them watin be the vital way really folo the yarn but, them no gree talk shah.
Na because owa people sey persin wey dem throw proverb give and come still explain am to, d money wey dem take marry im mama waste, na im make dem nor gree explain am to you. Dem nor want make your papi money waste 😏 Proverb: For we Pighin: Them say, e go better make person way don dey chop or drink dey chop or drink dey go. Dan for that person to stop to chop and give way to person way never chop to chop.
Nor mind dem dat yarn na street slang, nor be proverb per se. But e good as you identify am.
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In my particular case, I have been unemployed since April 2020, and I'm really scraping the bottom of the barrel here. Meanwhile, even the chance of me getting a crappy job (which at this time would be a blessing) at my age and in a country which has been economically ravaged by the pandemic is slim in the best of cases.
It's really pathetic reading through your comment. I empathize with you. Only those who've been through hard time will understand this. Luckily for you, I can see you're ranking up speedily and soon you should be able to get yourself into a BTC paying campaign. Don't lose hope, keep the faith up. So last week I started reading about crypto faucets. Got into Cointiply, and since last Sunday I have managed to raise a grand total of $2.14 ( ), which is very little by any means, but it's much better than nothing. Straight off, I must tell you that faucets aren't really encouraging. You may not feel the pang if you just play it like a game, casually. But if you rely on it to earn a living you will realize that it's a waste of time and data. I bet it took you over a week to even get the $2.14. What's the withdrawal requirement from that site? I bet you may not even be able to withdraw until it gets to over $20 and that could take you over two months. It's really tasking, going the way of faucets.
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If any government of the country ban crypto currency, Still you can transect bitcoin or any other crypto currencies. No one can understand.
I think the bolded is the one that hits several countries who've banned cryptocurrencies but can't stop their citizens from indulging in it. These governments can't stop cryptocurrency (especially Bitcoin) because of its decentralized nature. They don't know how to, except shutting down physical locations and maybe sites. They can't seize any server. China can't do that despite her hatred for Bitcoin. My country banned Bitcoin last year and made so much noise about bank account seizures. The banks closed down some accounts transacting in cryptos. Yet, our people are still transacting in cryptos. Even high placed government officials are into cryptos in my country. Come to think of it, political hypocrisy is what has kept this world this way, Africa in specifics. These political leaders ban cryptos but still trade it in secret.
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Bad press, that's all I see there. I read that article and wondered why it wasn't titled Man Lost Everything to Crypto, Drug and Alcohol. It's the proverbial giving a dog a bad name in order to hang it. Crypto wasn't the only thing alleged to be responsible for his down fall. Why not highlight others too in the headline if the press weren't mischievous towards crypto?
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