I need to work out a proper strategy as this is my first experience in crypto.
You should consider crypto is very volatile and it can go down so hard but recover again in a short time. You must also try to watch the trend and it looks like bitcoin is still very bullish at this moment. That means if ethereum has a chance to go back again to the moon. Yesterday ethereum has been facing another 10% growth and i guess you should never sell your ethereum consider it can give you capital gain. That should be a dilemma for you whether you wanna sell your ethereum or not. You should learn from the various traders in the market.
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But what about the unfinished SEC problems, I'm sure the case will take a long time. Can Ripple win it? If yes it might be up to $5 but if not I think it will be difficult.
The answer about the ripple's case against SEC can't be answered this time. It looks like this will be a long term case and it can't be determined easily. The future of ripple will totally depend on the result from this case. The only answer for that should be alive or dead, the rate can't be determined consider it will be following the result from the ripple's case. This is the most difficult thing to predict whether ripple can win or not against SEC.
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I have checked all information about Chainlink. I think that it is very good coin for investment, but I do not believe that it can give x10. This is a very big profit and such profit is very risky.
Chainlink was a major coin and people know that if it's a good coin and it's also top coin dude. Chainlink can be considered as a good investment for long term but it's impossible for chainlink to give you another 10x and this time the value of chainlink is very high. The top coin will be impossible giving the holders or buyers another 10x. It has a very big marketcap like ethereum and binance too. People should search for another hidden gem to be able to get 10x ROI. It's impossible if they were only investing in the major coin.
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Bravo for raising $1.5m with only a Whitepaper! ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) it should be more than it, i have been watching the decent ico in the past and it has raised a few thousand bitcoin. it could be more than 100 million USD at this time. It's very sad to see the investors of decent didn't even wanna take legal action against the scammers who create garbage platform called decent. I can't remember it but it should be around 2k BTC The scammer sold WP for 2k bitcoin.
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So I bought some Ethereum for £1070 a few days ago and it is now worth £1326. Would now be a good time to sell for a small profit?
I am investing more long term in Bitcoin but wanted to trade a bit on smaller coins i.e Ethereum etc.
If you wanna try to trade your ether and just do that as long as you have got profit from your ethereum and it's not a bad decision. Do you see the latest news? the bitcoin is preparing to break another ATH soon. I do believe it doesn't matter what kind of major coin that you are holding right now. You can try to keep some and sell the rest. It might be the best decision to take some money as your profit and keep some to anticipate the next bullish trend.
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I was putting my money on the coin based on the trend that will determine how strong the fundamental that owned by the project. im using the main feature token to determine the reliability of the token to be used as a long-term investment.I do believe the majority of holders were splitting their money. The combination between good fundamentals and usability will create strong support from the community. The community will trust a coin with real usage. I have been seeing so many legit coins have very good usability
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BUSD and USDT is both stable coin on crypto market and both stable coin is Trusted but i think USDT is most usefull and Popular stable coin on market. Also i always use USDT coin as stable coin.
Both were the most used stable coins, The daily trade of BUSD is also increasing gradually and more BUSD already issued from the treasury. The total supply of BUSD is also still increasing even higher. USDT is the first stable coin and that makes USDT being more popular compared with BUSD. BUSD was coming around 2019. That makes sense if the volume gets centralized on USDT but BUSD is good enough to be a competitor for USDT. Both were the same. Im also using USDT especially TRC USDT asset.
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My favorite coins are those with a Proof of Work system and no Pre-Mine. In my opinion, No ICO and No Pre-Mine prevent us from pumping and dumping because usually the distribution is fair and no individual or entity holds the largest coin.
It's not even fair, the buyers of coins got nothing for their money and they can get only the coins from the miners. This is also making the network being controlled by the miners. The best thing should be the hybrid system that will let the buyers of tokens participate in the governance too. When there are lots of drama between miners and it will be making so many fork coins like what happened with bitcoin. Ethereum can't fix its scalability problem due to the miners. This has proven if POW is not so good as people said. It must be fair if the buyers, holders, and miners were able participating in the governance.
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Market too early to be bearish, the end of February crypto experienced a correction with more than 20%
The dump happened caused by the whale and this time bitcoin already surpassed 50k rate again and i do believe if we will see another bullish trend will come very soon too. The altcoins were massively recovering from the dump. The strong fundamental already created and the support is much stronger than before. If bitcoin can keep 50k position for the long time and it can make bitcoin will able to break 60k soon. 60k should be the next target and altcoins will be following bitcoin's bull run
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I never encounter any losses from the ico this year. It's caused by i was doing deep research before try to join in ico. As you can see that there are lots of people who have been getting a lot of money from the ico too. Those who have not done proper research will always get the crap icos. I think that this time it's a common thing that everyone know about that dude. The fact that when legit projects will be backed by some big VCs
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Meanwhile when the time comes, Ethereum prices dump so hard and make the gas fees back to normal again ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) . waiting until July is so long tbh as we need the gas fees reduce now to send our tokens. Just let's hope it will be true and Ethereum with other tokens price not dump We will see the result from this EIP as soon as a possible dude. it looks like that if it's just a matter of time until the implementation for EIP1559. The only problem is if POW consensus is not even fair consider it was putting miners as the main thing to determine what will be the update that can be implemented in the network soon. If miners don't like it they will reject it and if miners will like it and they will accept it. There must be some adjustment before the proposal can be implemented into the network soon.
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Even bitcoin analysis experts are currently still confused about where to go, I myself have suffered losses due to the uncertain market direction. I was warned not to enter the volatile market at this time. but I still trade and the result is only a loss that I get.
You should never follow the analysis created by the bitcoin expert, just buy when it goes down and keep your coin until it will be going up. If you are following the expert and you will be confusing to determine when the best time to buy the coin. You must enter when the bitcoin gets dumped so hard and it's a very wrong decision to enter into the market when bitcoin is starting to grow again. Learn from the past experience and this time bitcoin is very strong dude.
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How other coins calculate their value at launch? Im a programmer, not an investor or speculator.
That's affected by various things just like the hype, how much people interested in your coin, supply, and demand. So many new coins got the hype and that's why these coins can be stable or very bullish at the time of the launch. You must create hype for your coin to make people interested to join your ecosystem. This is the most difficult task when you are creating new crypto especially to determine the price. FOMO = High ROI, No FOMO = Low ROI, or even traded below the initial price So, empirically, we can make a list of variables affecting the value of a cryptocurrency before it is included in any exchange (without a specific order):
1.- Supply: more supply, lower price.
2.- Nodes: More nodes, higher price. 3.- Availability: If all the supply is available at launch, lower price. If the supply growths slowly, higher price. 4.- Exposition: More exposition (web page, media channels, etc), higher price. 5.- Protocol and software: it is new a innovative, higher price. If it is a copy of any other crypto, lower.
TBH, the nodes didn't give any contribution to the price, did you see how Binance is only having 21 nodes but it was going to the moon? The node should be eliminated from your list. I do agree with the rest
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If Ethereum 2.0 comes out, will that be a new separate coin and will it bring down the value of Ethereum and Ethereum Classic that is currently in Coinbase or Gemini? No more fork coin from ethereum blockchain and you will never see that happen again. it's clearly stated by ethereum core developers in the past if ethereum classic will be the first and last fork coin caused by the DAO. You will not get a new coin dude. Ethereum core developers already anticipated it to happen again.
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well what is needed is experience and the ability to predict the market even if it is not 100% accurate, at least that ability will make us survive. Many people become investors but not all of them succeed.
Experience and ability will help you to know which is the good rate to enter the market and it will give you knowledge about what things that already affected the fundamental of your crypto. The fact that if trading is quite simple just buy low and sell high. Those who have bought at the dip price of bitcoin already earned a very good amount of money right now. The only people who aware of how to invest in the right project will become successful. This problem is always happening with the newcomers caused by they have no clue about what should they do.
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That depends on what will be your aim in your trade If you are wanna getting a stable profit and then you must use USD as your trading pair to the coins and when you are getting bitcoin as your return and you must make your fund available in bitcoin form. I personally will try to choose the USD over BTC caused by when you can get the stable income from your trade and that will be very good to see that it will be stable and not getting affected by the volatility. It's better to choose USD. When you are choosing bitcoin in a bearish situation and that would be a very bad thing.
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Still the bear market will come because crypto space is a circle, even if biggest money keeps getting into crypto it won't stop red market from happening, do not be deceived it's better to take profits while you still can and wait for bear market to buy back again, look at ethereum it's down to 1300$ now
The new money that goes to the crypto is not equal to the total bitcoin that started to be dumped by the holders. it seems like this will be a very long time correction but the market is not getting a big impact. The dump that happened is quite small compared with the old dump that happened a few years ago. With the support from the institutional investors and it can reduce the dump for the cryptocurrency. We need more and more fresh money to enter the crypto market to end this correction. The market is only trying to survive from the dump.
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Look at the BNB now. Price of BNB up and down every day.
From my opinion, This is the most perfect currency for daily trading. Yes, We can't make huge profit daily from bnb.
But, I think we can make profit daily.
That doesn't make sense dude. All coins can be considered as the perfect currency too. How perfect the crypto can't be determined from how volatile such coin compared with another coin because the volatility in crypto is relative. Sometimes when there is a big movement and the market will be very volatile. You can compare binance with another top coin and the charts were almost the same consider these coins are only following bitcoin. This time bitcoin gets dumped and BNB too. I think that's a bit wrong to say BNB is the perfect coin.
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So very soon users will be able to get a loan on NBA Topshot and any other Flow based NFT through NFTfi. It would be very interesting to users I'm sure ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) That's a very interesting feature dude, that's why NBA topshoot already gives very big hype for FLOW. There are lots of users who were hyping flow. More and more games are also being added to the list of cooperation with flow. So many people are starting to use FLOW due to the NBA snapshoot. FLOW's price is also very stable at this moment too.
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