It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ BTC is possible, if this do happens altcoins will bleed more than ever and this will unlock the beginning of the downfall of many altcoins.
The bear market will likely continue for several more months until mid-autumn 2022. The summer holiday season is coming soon and this is not a good time to start a bull rally. In the long term the bear market will pass but I wouldn't be surprised if we see $10-15K per bitcoin in the middle of summer. For now, I will observe the movement of the crypto market from the outside. Yes right now we can see that Bitcoin continues to decline and we don't know when it will end, when a bear market is going on it is better to remain calm and patient even though it is not an easy thing, The most important thing is to be careful in making decisions |
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The most important thing in managing finances is to record the needs and then adjust to the budget or income, if there are unexpected needs then we must reduce the post expenditure so that there is a good balance and does not confuse finances.
Sometimes most of us underestimate this simple thing because in managing finances the most basic is like you said, namely recording needs and adjusting them too, In addition, it is also important to record every expenditure and income, We can learn to manage finances self-taught and I think everyone has their own way |
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Golden opportunity is when we look at the price of red like a few days, the price of BNB drops more than 12% in a week, and matic drop is more than 16% a week, seeing the price trend that is declining I suggest to buy, do not sell when loss because now It's time to invest More instead of selling in a loss condition.
Indeed, when the price is down it is an opportunity that we must take advantage of to buy, but it's also not good to rush into making decisions, especially in the midst of current market conditions, I think we still need to do an analysis because when we make the wrong decision, there is a big possibility that we will lose |
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During the time I started trading in crypto, I didn't think of making huge money instead I was thinking how to trade successfully and how to avoid losses so that I can keep my small capital secured. In other word, I was afraid of losses. Spending time to learn and understand technical analysis, the trading view platform,and a market as a whole has shown me that making a living and earning good profit is possible in crypto market.
Most of the time new traders make the mistake at that moment. They thought that it is very easy to earn money by investing in crypto currency. They can not control their self ultimately they lost huge money. So it is very important in trading platform is learning there is no alternative way to get success accept it. Maybe there are many people out there who think that it is easy to make a profit either from investing or trading in crypto, they don't know before they really try it and besides that they should also be aware that investing or trading in crypto has a big risk, so it is very important to do preparation and also keep learning to improve knowledge and skills |
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I don't think so, now the Crypto market has a solid community, the more Bitcoin and Altcoin Volumes are able to boost or hold the Bitcoin price from falling too deep.
now the price of BTC is indeed experiencing a decline but I don't think it will be too deep and will recover slowly.
Now that it's starting to be a little different where BTC is declining more sharply and increasing more slowly, I'm more sure that this was played by the whales who love BTC so they could make BTC rise even more this year. The possibility will always exist but we ourselves have no evidence and need to analyze it, until now the price of Bitcoin continues to fall and I don't know when this will end, it's better to just follow the developments and hope that market conditions can recover soon |
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1. How do we evaluate capability and credibility of some entities or individuals that trade for people or some professional traders who trade for people?
2. I've seen some Telegram group that sell trading services and signals advice. How do we know if they are good to do business with?
3. Is Telegram escrow system a scam or not?
1. Dont trust anyone, if they are profitable then they wont ask out other peoples money to be handled out. 2. Dont trust them because they are just shitting out newbies who do believe that these things are possible. 3. Most of the time, anything been showed of on TG are scams (not all but majority of them) So be careful! in essence we must be able to think logically to see and assess it all. Don't be tempted by the promises that are made. they act as marketing, not pro traders, and of course their words are very sweet to hear, until finally they get customers who are in their grip. Don't let us realize it behind our backs to cause disappointment because of our own mistakes. learn so much from people's experiences that we don't need to do it That I think is why knowledge is very important because so that we are not easily deceived by promises that have no basis, on the other hand we really have to think logically which is good for filtering things like that |
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it's really like they say, many projects work like that, we have to be patient to make a profit. so all you can do is to hold the token sales first. mostly so.
be patient and get a lot of profit.
It still depends on what tokens we hold so that the results of patience can be very clear, because if you only hold new tokens or tokens whose future potential is not yet clear, then the results of your patience are in vain. So this is what everyone needs to see where he has to know exactly what token he is holding. Before holding it, of course, you need to do research on the coin first, especially if it's a new token which we don't know in the future and it's too risky to buy it right away, at least by doing research we get information which is the important thing |
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The only thing I will tell you is that is better you invest in bitcoin am not saying you investing in other altcoins is not a good idea but if you invest in bitcon then your profit is guaranteed but if you invest in other altcoins your chances of making profit is just kind of low because the only coin I trust in crypto space Bitcoin, any other coin apart from bitcon I don't really trust them. So I believe is better you just invest in bitcon.
Looks like your references on coins are too few so you only trust Bitcoin, maybe we can take a look at Coinmarketcap and quite a few good altcoins, coins like Ethereum,BNB,Matic and some other coins we can't ignore it and it will be profitable for long term investment |
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2018 is a bad moment because the price of Bitcoin drops more than 50% compared to ATH in December 2017 which reached $ 19K, at that time I sold all Bitcoin and left Crypto until the end of 2021 because I saw the market skyrocketing again, of course the current conditions were different from 2018 because currently more and more countries legalize Bitcoin.
Yes, if you compare the conditions between 2018 and this year, it is clearly different, indeed Bitcoin is currently going down but I believe it is only a matter of time to see it can go up again, in 2018 I think some people panicked and sold their assets because the conditions were really bad |
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Guys, any suggestions for short-term investment?
if you want to pick for short term investment, then i suggest to look for a particular coin in the market that has a good structure or a chance to make an uptrend in the future. i highly recommend to check the 1hr, 4hr time frame so that you can get more information of the real direction of the growth rate. It does take some effort to find the right coins for short term investments because for me it is more difficult than finding coins for long term investments, and your advice seems to be very helpful in finding good coins for long-term investments |
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We are all looking forward to that day. We have been waiting since the end of last year. Many people think that the next 2023-2024 years will be a new chapter in cryptocurrency. However, since it cannot be said with certainty. In that case any day any time it could start the bull session again. However, crypto expert are predicting that it will come to the bottom and start a big bull session again.
It's only a matter of time to see the big Bull that might come again so many people don't know when it can happen because in general every human being is always difficult to predict any future in the crypto space even though someone is already an expert in the field of crypto. That's true even if we've done the analysis, it doesn't guarantee that we can know what will happen in the future. for now we really need to be patient to see the market bullish again, The most important thing is to just keep up with the developments |
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Mistakes are normal, but if we are still a newbiew and not familiar then starting with a small value is better, and when I'm still a newbie I rely on earnings that I get free from giveaway and faucets for trading, cloud mining, hyip and even gambling and so on , if it disappears or loses then I'm not too regret.
It's true that basically mistakes are normal and everyone makes mistakes. besides that, with mistakes we can learn to be better in the future and in this case indeed for newbies it is necessary to invest starting from small amounts, it can also be from an airdrop, although for now it's not as much as it used to be |
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Seeing the market facts since the new ATH last November, I was optimistic that the lowest price of Bitcoin was around $ 30k, and in recent days it was proven that when prices were below $ 40K, there would be a transaction volume that increased dramatically and the price rose again.
Yes, if you look at the recent Bitcoin price movements are still unstable and tend to fall, we don't need to panic and worry because the Bitcoin price will go up again, even though we don't know when it will go up again and the most important thing is to be patient and wait |
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It is disheartening that scam projects are everywhere at the moment. To avoid making careless mistakes research is the anidote to mistakes. Investing outside research is a poor investment strategy. No good project is known outside research. It's greed that makes one pick up projects blindly
it is gambling if we pick any coins meanwhile we didnt research on it first. at that moment maybe alot influencer shill coins and we trapped on it. our effort in analizing coins must improve well to find good project that will occur in market. research and observation be the key our successfull. That's true and automatically the risk is also greater because after all doing research is important at least to minimize the risk, indeed it takes time and effort and we should really take the time for it, It seems that nowadays more and more people are aware of the importance of doing research |
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They really can't be expected, the biggest mistake I and other traders make is buying shitcoin in the hope that it will increase and provide many times the profit, reality is very difficult to be real. For me Shitcoin will always be a shitcoin, will never turn into a gem even though the price of bitcoin is going up.
Hopefully from such experiences not only you but other traders know what to do with shitcoins, have too high expectations of shitcoins I think it's useless and will only waste time, what's clear is shitcoins is still shitcoins and don't expect it to be a gem |
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Bitcoin Every 4 Year
2010: $1
2014: $400
2018: $6,000
2022: $50,000
2026: $300,000?
really interesting, 2026 is still a puzzle that must be solved, if you look at history, prices have always experienced high increases, of course this makes us even more sure that 2026 can be a positive thing, nothing is impossible, $300k in 2026? yes! we must be able to unite to make it happen  |
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October and December? how can you say it was a bullish month for bitcoin? even though according to the analysis of October and December are confusing months for Bitcoin,
look at the Chart of Bitcoin, October goes up, December goes down, some even go down in October, December goes up, yes, we can't say that October and December are bullish,
we should be able to read technical analysis.
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its not a joke, DogeCoin has been around for a long time in the crypto market,
you could even say it's the second coin after Bitcoin, until now Doge is still everyone's favorite,
because Doge has blockchain which is more efficient than others, this is why I can call it Doge not a joke
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$100k for bitcoin is still a dream, maybe for everyone who holds it too,
but in the crypto world we know the impossible will become possible!, this has happened,
remember the price of Bitcoin used to be just under $ 1000 and now it has reached $ 40000 and it was over $60,000,
I still believe it, but we really have to DYOR
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