Looking at the market now with different illustration about the current position, condition of the market from analysis, many crypto traders are coming out with there different analysis of where the market tend to go in the next few days. Some keeps agitating that the trend is still bearish while others come out with various technical analysis of the market, drawing different trendlines to show the support resistance of the coming bull.
Yep, there's always different views and predictions of where price is headed because of the different lens from which traders see the market. By lens I mean – Timeframes. We can rightfully also add – the temperament of traders too. However, whatever any trader does, it should be objectively done. Certain traders will want to keep a bias mind to where price and trend should go even when their indicators tell them otherwise. This is a misjudgment because someone is allowing their emotions get the better part of them. Going forward, OP isn't the only one in a state of confusion while viewing the market. It used to stumble me too as to why someone will place a buy while another places a sell at the same time on the same pair. But now I know better. Nevertheless, my overall perspective on Bitcoin this first quarters is that it will be bearish.
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Either way, I know I’m late to the game, but is it still too late? What may be my best options moving forward??
No, you're never late. In fact, no time is late in crypto at this stage. Also, bear in mind that this momentarily market crash should be taken as a cue to go in. I think everyone should have at least a fraction of Bitcoin locked.
Yes, I believe everyone would love that but then it's not always easy and possible to do. Those who barely feed well or have sustainable investments can hardly keep Bitcoin by the side as savings. No one will want to go hungry to a point of death if they've something to fall back on and not do so. Only a man who is alive can save.
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Some scammers posts a scam thread, lock it so no one replies calling them out, and unlocks it when they want to bump it.
Threads like that don't survive a few days before they're reported to mods and brought down. Despite the unofficially official claim that this forum doesn't moderate scam, users here don't hesitate frowning at scam activities and making sure they're hacked down.
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Persin nor dey tell anoda persin sey make dem boil water for am sey im wan fall from tree. Meaning: Accidents aren't planned. Otherwise, people would avoid them.
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~snipped~
I always considered "SatoshiLabs" to be a tribute to Satoshi Nakamoto, I never got the impression they claim to be Satoshi. Well, it's obvious now that it wasn't their intention as a tribute to the noble one. It's just a gimmick to get unsuspecting public into their web of deceit. That's one of the reasons I install as few apps as possible, and give my phone access to as little data as possible. Even better: use a separate (old) phone for certain apps.
I should embark on this as a matter of principle, going forward.
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I wouldn't touch anything that has to do with apps in Satoshi's name because instinct would tell me it's a scam. How will a man who doesn't what to be found now make apps in his name a decade later. It's pure scam but sadly people don't like having a second thought around stuff like that before downloading them.
Relatedly, this relaxed check by Google on apps that get get into its playstore is becoming worrisome. I use apps from playstore a lot and I'm saddened by the fact of the preponderance of scam apps there now. This will definitely cause Google to lose trust and patronage if it's not tackled and corrected quickly.
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Because of his teachings and he is already making money because of bitcoin and I saw that he was happy with it I was amazed and my curiosity grew so I am here now.
There's no crime in that being the driving force that brought you here. After all, something has to motivate a man to action. However, don't let it give you sleepless nights so it doesn't drive you into palaver. I don't know everything here but I'll do my best and I'm sure I'm ready to learn and follow the policies here.
We all learn on the daily. Even those we think are more knowledgeable than us also keep learning. Your lack of what to do now shouldn't be a handicap to you. All you've to consistently do is seek knowledge by searching through this forum and asking questions where confused. Be active and keep to rules, you will be fine.
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To my best of knowledge, the forum hasn't advertised itself before and that means all users that are here came because they wanted to and not because they got tricked to.
Yes, you're right because I got to this forum in my quest for knowledge. Curiosity made me stumble unto this place. In my case, I would say it was luck that brought me here as no one introduced it to me. I clicked links and surprisingly found this forum which of course I didn't have an iota of idea it existed. Another thing, good products don't advertise themselves. Maybe that notion is what this forum relies on and for that doesn't see the need for advertising it. However, I believe there should be skeletal and subtle advertisement for this forum from time to time. The more the merrier kind of it, you know. This forum still needs more people. I think there's something like that going on in YouTube for this forum.
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@icopress, shouldn't there be an alternative for lucky raffle draw winners to withdraw/getting the prize and not having to mandatory place a bet on a site? Someone like me (supposed if I had won) would be lost as to what to do with a bet as I haven't played any. The best I remember playing were WHOT and Ludo as a kid. So, is there an escape somewhere for those like me in a way that every winner is carried along?
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I wouldn't compare this situation to Nokia's situation. There is a stark difference between a private business making a wrong decision that affected them in the long term, and a country (that is represented by a government elected by a majority of its voting citizens,
I wouldn't too. Both situations are miles apart. Going forward, the intriguing part for me is what do these nations banning cryptos stand to gain, apart from protecting the selfish interest of a few selected among the political and ruling class? Come to think of it, most of these selected few also trade cryptos but in secret. Nigeria is a case study whose Attorney General of the Federation (AGF) in this current administration was discovered to be trading cryptos on an exchange when someone took a snapshot of his laptop tools bar or something at a time the CBN's (Central Bank of Nigeria) hammer was on cryptos in the country. The elite don't really care what hardship they put on the masses provided their selfish interest is met. Cryptocurrency is changing the narrative of economic independence and that's why retards in government aren't happy about it.
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Google Play is bad with their listing procedure and it is not strange to see scam and phishing apps listed on Google Play.
This is becoming one too many and it's really worrisome. My worry is the countless newbies who get scammed through such even without the awareness of the genuine project creators. In order to do it, don't search for application on Google Play or any app store. Search it on official website or start with Coinmarketcap, Coingecko and double check with some search engines.
That's how I treat new downloads too. If it's not directly from the official website linking or directing me to the Google playstore, I stay out. But newbies may not know this. I used to have the notion as a newbie that apps on playstore were genuine and used to download them often. But I was lucky I never got scammed. I think maybe scam activities weren't that much then like what we have now. That could even explain why I was that lucky. I hope newbies here will learn the art of caution as that will also help them to avoid getting scammed.
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For me in my personal opinion i don't want to recommend gate.io exchange because way back 2019 i have problem with my account but they keep asking more information even though i've already submitted what some sort of information they need in order to recognize me but sad to say no solution until now just a bunch of messages for my information. Very shady to be honest so i stopped contacting them.
Honestly, I don't know why I haven't come round using that exchange. I always have premonition that all isn't well there. There were instances when I had to let go of certain tokens I wanted to buy which were exclusively listed on that exchange. I ain't outrightly saying it's a scam exchange, though I've my reservations about it. If i were you mate try binance if it's not restricted to your country wherein to ensure your capital is in a safe place as well, its a very secured was so probably a good choice than gate.io.
Not every token is listed on Binance and OP didn't bother to furnish us with a related information as to the name of the token do one can easily check it out. It beats me hallow why they were secretive on that. Even the link they provided, there was nowhere to find token name. Gosh!
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It's good to have forex trading platforms allow their subscribers opportunity of funding their accounts through cryptos. Invariably, what that means is that these platforms will also have crypto pairs they trade. It's an innovation to capture traders' interest and make trading easy too. However, one has to be careful of trading platforms one chooses because we've seen cases where rogue platforms make it impossible for traders to withdraw their profits. It's real sad that at the end of toiling one doesn't get to reap the sweat of one's engagements. Did you prone those platforms you listed there or you just picked them at random? Can they be trusted?
BTW, Binary.com (Now Deriv) also allows for crypto funding for those who trade indices like V75 etc.
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I don't know if OP's "02/02/2022" is a precursor to a disastrous happenstance ahead of time or it's just picked to highlight a uniformity in a calendar month. Well, whatever that stands for, OP should know that the world isn't without regular trivial and disasters. Even after the quoted date, the world is likely to experience more excruciating events. Look at it, five years ago it was with Ebola, Lassa Fever, HIV, Meningitis, etc, nobody knew there was going to be a thing as Coronavirus. But that's where we are today. I hope we don't experience something in future that will make Coronavirus and COVID look like child's play.
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I like those two. They're really instructive for me, and that's true. The best points to trade from are Support & Resistance and Breakout (BOs). However, it's not good to play catchup with the market once one misses the bus. Wait for another. There are many others approaching. But anxious or noob traders think every missed opportunity won't repeat itself. Don't rue a missed Break Out. There are always countless BOs waiting to be taken. not everyone likes to hear the prosperity of another
Anyone who does that has the spirit of witchcraft. Whether they argue it or not, that's what they have. Teaching someone how to earn to prosper shouldn't light up jealousy in anyone. After all, the air is too big for every bird to perch. But I get your point. I've also observed that attitude in people, both those around me and those online.
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What is your local/native language? The forum has a number of users who speak most languages, so try to speak using local language instead of trying to write in English, especially when you want technical advice.
I think OP's English is good (fair) enough for anyone to fully understand what he said. I did, well.
OP, your use of breakout and trendlines are in order. They're leading indicators and with them you can prempt price action. Don't allow other indicators that lag to mess up your chart. However, you've to bear in mind that patience is a virtue when it comes to trading. Trading will test your patience and make you think your trading plan isn't working. Try to choose a higher timeframe like 4hrs and Daily to view and monitor your trades while you choose 1hr or 30mins timeframe for entry. With that you get to sieve out numerous market noise that can conflict with the long term direction of the pair.
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the team does not pay the 70% reward to the bounty participants and the cifi team always gets banned for every member who asks about cifi.
I know I made a comment on a similar thread on an accusation against Citizen Finance (CiFi) last year. It's appalling for any project not to pay its hunters. That's scamming those who helped you to get the word out by denying them their right. Every labourer deserves their wages. It was the same thing another project, Dego Finance, did. I don't know if it has now become a ***finance thing (that's project with the finance tag). Let me assume it's a coincidence, rather than a conspiracy. Again, OP you should only enrol in bounties run by reputable managers. I think that has been taken care of in Bitcoin paying campaigns. I only experienced such shaky stuff in BTC campaigns around 2017/18. Now, such doesn't exist in campaigns paying in BTC because reputable managers runs them.
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I feel you @Ethan151 on that bank palaver stuff. But it doesn't mean that Bitcoin has eliminated fiat so to say. For those of us into cryptos, we still find a way to exchange cryptos/Bitcoin to fiat and then withdraw because there are just a few services or shops that accept cryptos in my country. Quiet alright, it has been a long time I went into a banking hall. But that doesn't mean I don't visit bank ATMs whenever it's necessary. Admittedly, my banking stress has drastically reduced now. It's both thanks to online banking and to the activities of cryptos/Bitcoin.
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As we have seen the bull market of 2021, history has shown there to be a following of a bear market in the next year (2022). What are your thoughts so far and how do you believe it will play out.
My thought on this is in alignment with Bitcoin being bearish this year. I've heDl this opinion since last year. That the bear run is playing out this first quarters of 2022 isn't so much a surprise to me though. I knew it was going to happen at some point. However, I ain't sure the bear will eat deeply into Bitcoin like it did in 2018 season after the bullish momentum it gathered in 2017. Institutional players won't allow it dip that much like it it and panicked a lot of us back then.
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LoyceV, I shall gladly announce you as a prophet in a new church I plan to open sometime this year. Two more of such "hunch" will speedily bring the enterprise to the limelight. What sayeth thou to my offer 🤔
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