if bitcoin retraces now soon what will happen to alts? will they fall with it or will they rise how will it play out?
in my opinion altcoin will also experience price increases when the price of bitcoin is stable ... maybe now the price of bitcoin has not stabilized so that the price of the altcoin has dropped ... but I'm sure the price of altcoin has improved again after the price of bitcoin is stable. there will never be a stable price of bitcoin. the bitcoin market is constantly moving, and altcoin is now not able to do much. traders and investors are more focused on bitcoin than altcoin for this season. and we will see how this market will provide solutions for altcoin trading and investment. They promised us that cryptocurrency prices will be very unstable. And so it is. It is difficult for the cryptocurrency market to work with a planning strategy.
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So it’s very good that it is shrinking. Theoretically, its value should increase. What is there to worry about this?
But the price of Litecoin is now not as low as it was at the beginning of 2019, it stood below $ 30. I think that in the coming years, the price of Litecoin will not be above 150 dollars.
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One of the most painful things in brick for me was the Miracletele project. A month ago, I could sell the project coins for very good money, but I hoped that the project could really become something worthwhile in the crypto world, and was mistaken. It’s ridiculous.
Of course, I’m shocked that you hoped that a project that had a market capitalization of more than $ 100 million would continue to grow during the financial crisis.
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Alt coins will always have a role in function but will likely always be measured in terms of % of BTC.
Everything is always relative, that is, measured as a percentage, this is normal and should be so. But the dominance of Bitcoin is now very high.
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Most wont admit but they all check prices regularly. Checking price is something that we all do just in pass by if anything else. Who ever say that dont check price is actually checking regularly at least once per hour.
That is crazy. Once per hour? This will do you no good. It will only heighten your anxiety about the slow crashing of your altcoins and the diminishing value of your portfolio. It will push you to rage quit and curse all alts and become a Bitcoin maximalist. I also do not understand how you can watch cryptocurrency prices so often. This is if only a person trades Altcoins every hour.
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everyday, but not everytime. maybe only once a day.
see price is an activity that is routinely carried out every day before leaving for work. I usually always read news about crypto (bitcoin / altcoin) and see coinmarketcap prices. it helps me to see and make predictions about what will happen in the future for my portfolio.
Just like the wall street, cryptocurrency does not sleep and I check prices every now and then. Coinstats is my home and cryptowhalebot on Telegram is my buddy. This is basically the lifestyle of an average cryptocurrency trader or investor because every price movement by bitcoin or Ethereum directly or indirectly affects your portfolio You are doing the right thing by checking prices! If you do not check prices, then you definitely won’t earn anything in the cryptocurrency market. I think that we need once a day to control the price of coins.
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Ethereum is now quite strong and liquid around the world. I think that the price is lowered by 50-80 dollars on Ethereum. I decided now to buy this coin, because in the future a network update.
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ethereum is also a fact that many ico sales have received ethereum as the currency to buy tokens, for now, ethereum still have a good future in the long run.
Of course, Ethereum has a great future. Even now, the coin has very high liquidity in the cryptocurrency market and many use the coin as a real payment.
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I've got both Ledger Nano S and Trezor wallets and they're both excellent hardware wallets. I did actually consider buying the Ledger Nano X a few weeks ago, but I figured my current Ledger units work just fine and I mostly just use the BTC app on them, so I really don't need the additional space the newer units offer. Both have good interfaces as well, being simple enough for beginers but with enough features for more experienced users as well. I got my first Nano S a couple years ago and it's still going strong.
I really like the Ledger wallet. I think that it is the most convenient and easy to use. Now they added support for Zilliqa (ZIL), I am very happy about this.
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On the one hand, the regulators will help the cryptocurrency to be used by people in everyday life, but on the other hand, there will be a lot of rules and prohibitions in the market
I think that there should not be many prohibitions on the cryptocurrency market. Perhaps there will only be rules that prohibit money laundering.
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Because i have urgent matter regarding about my money. If peoples need money no matter what, they will sell anything they have. No body wants to sell with loss, but if the loss can be covered by future profit, it is ok. For example i find a good coin to invest but i don't have enough money, i will sell some of my coins at loss.
Now the prices are already so low on Altcoins that it makes no sense to sell coins at all. I think you need to start buying them on the contrary. Good chances for big profits.
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@avikz. Should there be? Are the cryptocoins outside of your 3-5 cryptos really garbage? I reckon community formation and opensource development should not be stopped. One of those projects might develop something that bitcoin can use.
have you ever checked some of the projects? go on github and just go through the source code of different altcoins, even the most popular ones among the top 10. you will see that 90% of them have "copied" bitcoin exactly and have created their own coin. some have the decency that directly forking the project and giving credit to the original but most try to hide it! For the month, the most important thing in Altcoins is that they continue to increase their liquidity in the cryptocurrency market.
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Its the same people who wants regulation on the open crypto markets. NO we don't!
I don't need uncle SAM to know what I'm trading, what I buy, or anything else for that matter. Bitcoin and crypto wasn't invented to regulate it, better buy stocks if you are in that belief!
Decentralized trading is gonna be huge soon, which is why I'm very excited to see Stakenet's Lightning DEX solution which will compete against against a LOT of other DEX solutions. It's gonna be superior in trading fees, speed, and liquidity, since it runs on Lightning through masternode lightning hubs.
Do your own research on this one, but this project aims to REMOVE all kinds of regulations from crypto, and will enhance BTC and LTC massviely with their dApps.
I agree with you. A tightly-controlled, permissioned blockchain authorized by a central bank sounds like an absolute nightmare. I don't believe Satoshi Nakomoto would have even bothered developing Bitcoin had he expected blockchain to be used as an instrument of slavery like that. Honestly, we'd be better off using fiat cash at that rate. If Stakenet succeeds at providing an immutable DEX with full interoperability between a theoretically-unlimited coins directly from a private qt wallet, the only thing lawmakers and regulators could do is punish people for using it. It'd be completely out of their control.. Paper money, unlike Bitcoin, has a high level of anonymity. I think that Bitcoin will serve us on the contrary, there will be no more anonymity in payments.
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ETH is a trendy altcoin and potential money at all times. Although ETH has been facing a bear market lately, prices have only fluctuated from $ 200 or less in the past 3 months, causing many to lose confidence in it. I think this is a good time for you to take advantage of the accumulation as much as possible and wait for the good news.
it's the right step to take advantage of market conditions and also the fall in ethereum prices is indeed a good opportunity to buy, but remember if you are an investor must be really responsible for every action you do, especially investing with ethereum, don't panic then sell it. And that only investors are responsible for the purchase of cryptocurrency, can other participants return the lost money?
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Some purchase crypto for long term investment, while others have become daily traders. Both of these methods are uses for the digital currency, but they are not the sole purpose.
The best thing on cryptocurrency that I used the most is that you can transfer money easily even the both parties are in the long distance and its fast and cheaper than any other ways you can think of. I know trading isnt the purpose of this but we got to admit that it is a good way to earn profit even you are just working at home. Cryptocurrency money transfers are quite convenient. But Bitcoin is not easy to use, a long transfer time and a large commission. Here I like Altcoins more.
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Yes. I think this is the perfect time to invest in BNB now that altcoin prices aren't that good. You can buy and hold it for sometime until price rises again. I think holding BNB for a long term is a great idea to make earning.
I agree with you about the long-term holding of the BNB. This is almost the only coin on the market that gives even good devdends as a lottery, which will fail on the Exchange.
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you suspended animation at the right time. where crypto experienced a downturn during 2018. And you are back again with the renewal of IEO, where ICO has been abandoned by investors. and we begin a new hope to welcome the coming bullrun, which in my opinion is soon. be prepared to collect coins, because when this decline occurs again, find the support area to buy
Here is just now a very good opportunity to buy coins and further wait for the growth of the cryptocurrency market. I think that we will see global market growth in 2021.
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New investors are not patient because they are not experienced. Beginners always make mistakes. But this passes over time, it is boring to survive. Then not to step on the same rake.
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It seems to me that nothing has changed and everyone is waiting for a reaction from Bitcoin. How he sets the growth rate will be so. Agree any growth depends on bitcoin. We won’t get anywhere from this.
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Everyone is waiting for the update very much and if it does not bear any fruit then surely everyone will be very disappointed and few will remain on the ego side. Now there are already a lot of projects that really work and it is difficult to stay on the market and be competitive.
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