Hello! I'm a newbie trader, and I want to know if investing in crypto is a good idea. Now it became very easy, for example, you can buy crypto with a bot or your credit card using such services as changelly or shapeshift. However, does easy means good? Should I buy crypto now or it's too late?
In every investment, of course, has its own risks, as well as investing in the world of cryptocurrency which does have a large enough risk if you do not have adequate understanding and experience in trading, if you are a novice trader and want to try trading in the market, of course that is good thing but my advice is better to start with a little capital while you continue to learn in analyzing the market, if you try with a little capital of course it will not shock or traumatize you if you experience losses in trading. |
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The $ 0.30 price resistance has held on for quite a while and it looks like it has been very important to XRP's overall trend over the years this year, but in August of last year, this level acted as a solid support helping the token avoid big losses over the years, but as BTC prices began to rise in the market, XRP also seemed to get a strong impetus to break the price resistance that had been holding at $ 0.3 and XRP was able to reach the price of $ 0.8 and of course it did not rule out if XRP could reach the price of $ 1 if XRP could return destroying the resistance at $ 0.8.
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I think the altseason was almost to happen because bitcoin was increasing but in slowly. If bitcoin increasing so fast and reach ATH then maybe we can see the altseason this year but now seems it is impossible to happen. Right now bitcoin is slowly went down and also the altcoins. Well let's hope that in the next year the altseason will occur so let's see.
In my opinion, the decreasing domination of Bitcoin will certainly make the altcoin season happen soon, because basically if the domination of bitcoin decreases it will certainly make altcoins perform better than Bitcoin and for example in 2018 when bitcoin experienced a quite drastic price decline and vice versa altcoins slowly started experiencing price increases and one of the causes was the decline in bitcoin dominance at that time so that investors and traders began to shift their assets to altcoin trading and of course this had an impact on the pump price of some altcoins. |
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of course the bull run this time in wait a lot crypto users had been in a bear market for so long and at the end the bull run it come it's just a little different other coins are only able to go up a little, I hope the next bull run can happen for all coins
In the last three months most of the crypto assets have increased dramatically and of course This has made some investors and traders get quite a fortune, but the bull run was also accompanied by several corrections in the price of bitcoin and made the price of bitcoin drop slightly now, but almost every cryptocurrency listed on CoinMarketCap some time ago was in the green zone, of course this is due to the strong price correlation between bitcoin and altcoins on the market and some altcoins such as eth and xrp have had a considerable effect on the pump price of bitcoin and we can see price increases. xrp is even over 100% nowadays. I hope 2021 will repeat the bull run as it is now. |
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Right now ETH is turning out to be rapidly, anyway if you look at the current market improvement, ETH can't do a lot of much the same as other altcoins, my desire is ETH will close around the completion of this current year with an expense of generally $ 500, and I genuinely trust it will climb in 2021 it will reach $ 1000 considering the way that a great deal of monetary experts believe that this coin, especially with the ETH 2.0 part, will cause ETH to grow, fundamentally more, so don't stop for one moment to save ETH until 2021.
It looks like ethereum 2.0 will have an important role to play in triggering the price increase of ethereum, which is why ethereum holders must continue to monitor the development of Ethereum 2.0 which is planned to be released soon. I am personally very confident that if the minimum quota of validator nodes on the blockchain will be met according to the target so that without having to repeat the Ethereum price it can go up high, but as a utility asset, the increase is unlikely to be as high as that of the bitcoin price, but like you I believe if the price is eth will increase the equivalent of $ 900 and could even exceed $ 1000 in mid-2021 and of course that is due to ethereum 2.0 later. |
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Wing is not developed by Binance, they are a project of an ONTOLOGI derivative that wants to enliven the DEFI market which is now a HYPE in the market so they are raising funds through Binance, while Binance is one of the biggest investors from WING
If you're a risk taker you should grab every opportunity that this coin will benefit to us. Be careful in putting huge funds, because the hype might turn to bearish during prolonged increase. We should be smart enough in monitoring coins that's not developed by binance. We don't know yet what behavior might occur so it's better to take precautions before worst scenario comes. true, investing and trading crypto is one of the jobs that has a large enough risk and it is better if to make an investment we are not only referring to an issue about the token being listed in the big market because even though the token is on the binance list but has no progress which is good of course we will experience losses later, now it is better to invest in a trusted altcoin and have a lot of markets such as eth and bitcoin than to test your luck on ICO tokens, IEOs or new tokens even though they are defi based. |
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monero is currently not the only privacy coin available but currently it has stiff competition from other privacy-based coins such as ZCash, Dash and Verge. right now monero doesn't seem to have developed very well for almost 2 years after monero was created and released in 2014, as I recall Monero started experiencing price and popularity increases around the middle of 2016/17 and showing extraordinary price movements at that time , Monero even reached $ 12 in January 2017 and slowly monero continued to grow so that finally the price of Monero could reach its peak at $ 494 in January 2018, if you look at its history, of course there is a possibility that Monero will be able to reach the ATH price again in the future and it also depends of the developments that will be carried out by the Monero team.
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Bought at $2.5, indeed that is a relly high price point, i do not know do you still hold it.If the answer is yes,then congratulations on you, because your persistence may soon pay off, the Bull is coming now, you just need to keep and wait XRP break its ATH. But if your response is no,then forget about what i just said, enjoying this Bull market.
even though XRP is currently experiencing a bullishness, it seems like it will be very difficult to reach a price of $ 2.5 (OP capital price) especially XRP can reach a price of $ 5, of course it requires a strong enough boost, the current increase in XRP prices is only an effect of the snapshot that will be carried out and also the influence of the correlation of the increase in the price of bitcoin some time ago, however, it is still important to remember that the basis of all this is just a prediction, so we must always consider that no one can really predict future market movements and we know that XRP has speculative value so that people often predict the price of XRP will have good price potential in the future and this triggers traders or investors (as in the case of OP) to buy XRP at high prices without thinking if a prediction is not a sure fact. |
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What is the reason for the decline in the price of Bitcoin is currently declining. Where would the price of Bitcoin go in 2021. I would like to know everyone's opinion. If anyone knows, please let me know.
This sudden drop in Bitcoin price, is caused by large volume investors or whales depositing BTC into the market. This may be aimed at taking advantage of the price that is starting to approach the all-time high of Bitcoin of $ 20,000 and the main reason for the price of bitcoin to drop dramatically in my opinion is due to the large number of investors selling bitcoin when bitcoin experienced a price correction in the range of $ 18 500- $ 19000 at that time, so The price correction began to trigger investor or trader panic about the possibility of a drastic price drop and this refers to the experience that happened in 2017 when bitcoin was pumped but suddenly a pretty strong hit occurred and made the bitcoin price dump until it reached $ 6000. |
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yes this year it looks like it will be difficult for Bitcoin, because the price of Bitcoin is still not able to go up by $ 20k,
of course this makes traders very willing to enter Bitcoin
The increase in the price of Bitcoin in 2020 is the highest increase in price after 2017, although currently bitcoin has not been able to pass the $20,000 price, at least many traders or bitcoin holders have benefited quite a bit this year. If indeed the positive trend continues to occur in bitcoin in 2021, it will certainly re-trigger bitcoin price movements in the market and it is possible that the bitcoin price will be able to reach the $20,000 price range or even the price can exceed the highest bitcoin price record ever. |
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Let's be wise, enjoy the ride and take profit. If otherwise happens such that December happens to be a dip season, then the bull run we are waiting for is yet to come.
Let this be a bull run litmus test.
Share your opinions!
We are going to have a bull run or another all time high for Bitcoin if not this month but definitely first quarter of the month, there is a strong support and that support will continue to strengthen, each passing week, I like the situation we are in now compared in the last two years, where the market is struggling. Looking at a current market conditions, it seems that December this year will belong to alt coins like ETH and XRP, I am very sure that these two alt coins will dominate in December and the reason is that both alt coins have major events that will occur in the near future, like XRP which will hold a snapshot or flare so that it will trigger many investors to buy and hold their XRP in their wallets and don't forget that ETH will soon release Ethereum 2.0 which is certainly awaiting a lot of people. |
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If people expect that there is no big correction, then we can't buy at the DIP price and hold long,
of course if traders and investors buy at $ 19k is very risky,
why? if 2017 history were to repeat itself, we would all feel REKT.
I do agree with your opinion, buying at $19k would be a very dangerous move because you wouldn't predict BTC's price and therefore we don't afford to take this much risk. I hope buying time had already gone now those early buyers have started making profit due to a bullish trend. Many people have made the fatal mistake of buying bitcoin at a fairly high price right now, buying bitcoin for $ 19k is certainly too risky especially it seems that the price of bitcoin in the market has a price resistance that is difficult to penetrate and it can make some people's money stuck in the market and even can experience substantial losses if there is a market correction that causes the price of bitcoin to decline, I think the ideal time to buy bitcoin is when bitcoin passes the price resistance of $ 15k-16k. For now, I personally prefer to keep my money and prefer eth as an investment alternative while monitoring whether bitcoin is able to cross the $ 20k price or not at all. |
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Many new projects are currently starting to implement a defi system in their projects but it seems like only a few projects are successful and the rest are not even able to reach their sales targets at all, I think right now crypto projects are not in a pretty good trend, so a lot of token projects It even experienced a drastic drop in price when the tokens began to be released to the market, perhaps one of the reasons was the large amount of token supply circulating in the market so that the token price was straightforward to dump.
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if I calculate all the income that I get during 2019 -2020 maybe around $800- $1000, that does not include the project that I am currently participating in and also the profits I get when trading, in trading on the market I use payment money what I get while participating in a bounty project on the forum so that I don't spend any money from my personal pocket, because the money I get from real work or work outside the forum I usually save for sudden and very urgent needs, in a pandemic like now of course we must be smart in managing finances so that the family economy can be maintained and stable.
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The price of Bitcoin is continuously rising at the present time as well as the price of some coins is falling. In this case, the potential coins can be sorted and bougt at a lower price. It would definitely be a good investment.
now is the time for a place to buy bitcoin or other altcoins to be used as an investment asset along with market conditions that tend to be often bullish, especially bitcoin prices, with frequent price rallies, of course this can provide an opportunity to get bitcoin at a slightly cheap price and not close it is possible that the price of bitcoin will be able to experience a price increase again, but my advice now is that you better do daily trading because I see that the market is often correcting prices, especially bitcoin and of course this will give you a little profit later in trading. |
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Dan Tapiero, co-founder of Gold Bullion International believes that it’s only a matter of time before Bitcoin
’s price surges into the six-figure threshold.
“In the next five years, I can see gold at $4,000, so that’s double. But if gold is at $4,000, Bitcoin is probably somewhere between $300,000 and $500,000, so that’s a 20, 30x.”
Just because we are in bull run we predict Bitcoin in a very high level I prefer to be moderate and realistic, unless I see a dramatic move in the market or adoption will go at the highest, we can only predict a high price for Bitcoin depending on the the level of adoption, if adoption is moderate expect a moderate increase of the price. true, I also think so, because it seems too early for us to say that if bitcoin will reach 5 times the price in 2025 again, we know that so far bitcoin price increases have often occurred due to positive sentiment in the market and if that positive sentiment stopped, of course making bitcoin prices decline again, now it looks like the hype defi is one of the causes of the increase in bitcoin prices and we don't know whether this hype defi will continue or not in the future, but the most important thing now is for us to enjoy the benefits that we get from the increase in the price of bitcoin in the market and let the price of bitcoin in the next 5 years remain a secret  |
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the next in Bitcoin is mass adoption and mass adoption, I heard good news again this month that Visa is partnership with USDC,
of course this makes the crypto market excited again, looks like bitcoin has gone up to $ 19100 again, and the big impact is Algorand.
I hope this positive trend always goes well.
The mass adoption is on-going and its really good for bitcoin because its price will continue to go further and yes we still have time this month to achieve a new all time high, I’m confident to end this year with that great news. The next big thing for Bitcoin is about to happen, make sure you have good funds to enjoy the uptrend. currently bitcoin has reached a price of $ 18,984.00, or nearly touched the highest price in the history of bitcoin. Overall, the increase in the price of Bitcoin so far this year nearly reached 170 percent. even though at the beginning of 2020, bitcoin was sold for around $ 7,026.28 and again there was a price decline of around 30% due to the impact of the Corona Virus in March 2020 but the hype defi made the price of Bitcoin then rose slowly until it finally broke through the current highest level, as a person Traders, of course, we all hope that the price of bitcoin will be able to destroy the price resistance of $ 20,000 so that the record price of bitcoin in 2017 can be broken or exceeded. |
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Scammers will always be there, especially now that Defi is getting so much hype so they will probably use it as an opportunity to delude others. Defi is a great opportunity when it comes to finances, but since scammers are also joining the hype, we just have to be careful when choosing a project. Unfortunately, we cannot get rid of scammers, but if we know how to avoid them and keep ourselves safe from scammers, then we can still enjoy the usefulness of Defi without getting scammed.
The DeFi hype has made many people take the opportunity to commit fraud with the DeFi project, just like the ICO hype that occurred in 2018. Now fraudsters are starting to divert their targets to ensnare investors who invest in the DeFi project and of course the very large turnover of money in DeFI is one of the factors that triggers fraud, and with the increasing number of frauds happening, of course the DeFi hype that is currently happening must be gradually will continue to fade so that in the end many Defi projects will die, just like what happened to the ICO project before the DeFi hype occurred. |
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Airdrop is an effective marketing strategy to attract users. By distributing crypto for free, through airdrops, developers can promote their products at a relatively lower cost.
Indirectly, airdrops can build a community of users of their cryptocurrency products, and airdrop participants help developers increase awareness, existence, and accelerate adoption of the airdrop token, and usually airdrop participants are required to disseminate project information via twitter tweets or Facebook shares. but if there are developers who ask airdrop participants to send crypto as a condition of receiving tokens, of course it can be ascertained that the airdrop is fraud and dont send a private key wallet in filling out the airdrop registration form.
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