It's not the right time to start buying crypto coins right now because the next chapter for crypto with be filled with lots of bad news just to pull crypto value down and down so that they can buy for way cheaper price, who are they anyways? We'll figure that out yourself, bear market is 💯 real and it's coming, be prepared for more bad news
Obviously, those people who are capable of manipulating the price movement of any crypto are the whales. They have huge amount of holdings in them wherein they can freely choose whenever they want to pump or dump the coin. Though it doesn't always happen that way, there are still other factors that affects bitcoin and altcoins price like issues and hearsays about the coin at the moment. Regardless, make your own research and see how you can take advantage of the price manipulation they are doing. |
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It looks like Bitcoin's been on a constant bloodbath, struggling to get past the $40k mark. China, Elon Musk, among many other things, have caused the crypto market to go bearish. At the time of this writing, Bitcoin sits at around $33k per coin. A couple of days ago, Bitcoin was valued at $31k per coin. This is a good opportunity for those who missed on the train to grab coins at discounted prices. But it's a terrible situation for those who bought some Bitcoin when it was close to the $60k mark. I'm wondering how low will Bitcoin go in price within the next couple of months? Will we likely see Bitcoin heading back to sub $20k prices? Or it is too late already? Do you plan to buy more Bitcoin and "hodl" strong? Or do you plan to sell it all? Your input will be greatly appreciated. Thank you very much.  After all the issues bitcoin is going through at the moment, it is really hard to predict what would be its lowest value on this bear market. It is just playing within a certain price range and goes along with what is currently happening in the world. If ever bitcoin reaches $20k again, no one for sure is going to let that chance slip on their hands, that might be the lowest bitcoin could be and certainly, others will be firm with their holdings or investments because they are well aware that bitcoin will get a new ATH somewhere in the future. |
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There's nothing wrong with making such assumption but considering bitcoin and ethereum's history for a very long time, I don't think 10 years would enough for ETH to surpass bitcoin's market cap. Bitcoin is continuously evolving and even its popularity is growing wider considering what happened to El Salvador and if ever that becomes successful, other countries would follow leading to more success for bitcoin. ETH is not that far as well as close but still amongst other altcoins, it was the only one that was able to stay behind bitcoin for a very long time.
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Now a days our economy suffers deficiency of supply due of high population, poverty and lack of oriented of an individual. Supply Chain Management (SCM) one who managed the flow Good's and service into raw material into finished product. Right now the resources of foods and services it's getting worst due of the pandemic more People's lose their works , and the supply of an Government it is not enough for everyone.
Time will soon come wherein famine and war over natural resources would take place as each and everyone of us abuse the gift of God that was supposed to suffice our daily needs. People are overcome with greed and too much enjoyment that they end up not noticing what is really happening in their surroundings. If no one would make an act on how we can atleast delay the incoming worst crisis the world will ever face, we should expect that it would happen already sooner or later. Before it is too late, start preparing already and make sure you can secure goods for your family up until the future. |
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For sure it is already too cliché to mention that it helped me a lot financially so I'll share other positive effects it has given me over the years. I have became more responsible with my time management, before crypto I am not that type of person but now that I got involved in here, proper time management is very necessary. My proficiency in English also has been sharpened or improved over the years since it is necessary that everything you say here can be comprehended by the readers. Also, financial management on my side became more organized specially when I am investing or diversifying my money here in crypto.
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Have get in touched with Blockchain since 2020. Personally speaking, I believe that it's splendid and will help us reshape the world. However, recently I started thinking one question: how can Blockchain show its necessity in the current world besides the "decentralized" concept? For example, in the current internet world, people had get used to centralized storage and cloud services, there seems no need to pay extra money and attention to develop another technology that can help them to do the same thing (Such as Filecoin, Arware and Swarm). The same situation occurs in various areas such as data transfer and information security. Will blockchain become as a pseudo-demand for the future world? What's your opinion on the irreplaceability of Blockchain besides the concept and financial side it brings to the world? Please feel free to share your opinions Blockchain technology offers new solutions and ways on how the world can keep on surviving as well as improving. Just by having bitcoin under the blockchain technology and seeing it become successful over the years regardless of the doubts and discrimination it went through, we can already say how effective blockchain would be in the future. It is not necessarily needed but it will play a vital role on enhancing the recording system of data in different aspects all over the world. The world is advancing due to the continuous innovation of technology so stuffs like blockchain is a must if we want the world to move forward into evolution. |
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Just by the fact that you believe on a certain coin that you chose to invest with makes it worth it already. For sure, you wouldn't have faith on that coin if you didn't make any research on the very first place. You surely observed and studied the coin well before investing so there should be a high probability that it will be soon successful. Just be patient whilst holding for it will make sense in the future as long as you stay faithful and determined with the investment you find worthy, it will surely pay off sooner or later.
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This simply shows how unpredictable the market is. After the incident with Elon Musk wherein he chose to remove bitcoin as a mode of payment for Tesla as he reason out that it is consuming too much fossil fuel when mining, the value of bitcoin went down and it marked the beginning of the bear market. Recently, he mentioned that he will once again accept bitcoin and it led to bitcoin's upward trend once again. Although it is not completely because of that, it still made a huge impact. Down trends will still happen, just be patient and stay aware and observant so that you can hit the right timing.
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I'm currently receiving some of my income in BTC, and I'm just holding it because I expect it will go up long term and so it is my savings.
But sometimes I'd like to be able to turn it into fiat for daily expenses. I can't yet pay my rent or buy my groceries with BTC (hopefully one day! but not today and not in the near future).
With banks in some countries blocking transactions from known exchanges is there a worry that one day it will become impractical to turn the BTC into fiat? Either just very hard to do, maybe street-corner-deals or at risk of getting your bank accounts frozen?
Do people think about this and have plans to work around these kinds of banking barriers? Or are there ways around it already but I'm not aware?
It is a good thing that you are being strategic with your bitcoin holdings and you are aware that in the future, we will be having bitcoin as a currency. If ever in the future it gets legalized by different governments in the world, there is a high chance that no matter how many bitcoin you hold, you will always be able to convert it into fiat and vice versa. I can't see bitcoin replacing fiats instead, I see it working in the future whilst having both still existing. Also, no matter how hard a certain government try to limit bitcoin or crypto use, people will still find ways. |
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In terms of picking a crypto you are going to invest with, there's nothing wrong with going with the trend. In my case, I decided to hold as long as I can both Ethereum and Bitcoin. I am well aware that there much more other crypto or altcoins that has potential out there but still, I will choose this two considering how much they dominated the market from the very start up until now. Let us hope bitcoin and ethereum will keep on getting better as time passes by so that we can all benefit. I am not forcing you to do what I did, your money your rules so diversify as much as you can, it will pay off soon.
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We all need a word of encouragement from other so that we can spread positivity regardless of the situation. Your optimism can be the thing that will help other people stay faithful and firm with their holdings. Bitcoin might be down right now but we all know sooner or later, it will not just recover instead it will break new ATH's that are far greater than what we are expecting or imaging. It is a risk investing in crypto so it is important that one commits to a healthy and positive mind so that he can have the courage to take the risk and persevere in his goals always.
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Hi Guys!
I know it is not that easy to work in this forum, for this we need a lot of experience and knowledge but still I have the knowledge and there is no good idea about this platform I want your help.
What I mean to say is that there are many experience and good senior members on this platform who are working very well here, please kindly tell me about working here and do all the roles of this platform well.
What is the principle of this platform and here as a new member, in which section should we work in the first rank and in which section we should make our own topics.
Because of what kind of violation we will be stopped from working here and there will be negative effects on our account and there will be a risk of being bann.
In which section we will get to know about the rules of this platform and how we can work here as a good contributor and what we have to do to become a copper member, here what we should try to get good merit?
What is activity?
What is rank?
What is merit?
What are the rules?
Waiting of your response! I need your ideas🤔
It is not a bad thing or it is not something you should be afraid of in the forum when you ask questions specially that you are just new here. Everyone starts off with a blank paper and as it gets filled with more information, it becomes more and more useful. On the other hand, the following questions you have can be seen throughout the forum. All you need to do is explore and enter specific areas that might have posts that talks about the questions you have alike. Through that you can see and learn easily without waiting for others response anymore. Nevertheless, be responsible still on the data you will take cause not all of it are reliable. |
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The one I chose to hold up until now is Ethereum because I am well aware of what it offers us in the future. I know it will soon help me a lot in making profit as I continuously hold it as its value keeps on rising every year that passes by. I know diversifying your investment on different altcoins would be much better but I want to stay loyal and firm with my investment in Ethereum. It might seem like I am hoping for something that would never happen but remember, crypto never failed to surprise us so just be patient, the time of the coin you are investing in will surely come.
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Most of the coins you've mentioned are currently experiencing dips so buying at this moment would be ideal if you are looking forward on holding afterwards. Regardless of how low or high is the money you invested, it will all make sense once the coin you chose to invest to experience a bull run. Bitcoin is one of those that you should not miss out on investing, there's a high probability and chance that it will keep on rising in the next few years. It will all be worth it once you regain the money you used in buying. Invest while you can and invest as much as you can but still be responsible with your decisions.
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Risks are almost in everything you do in life, it only varies on the intensity it brings towards you. The impact and the effect of the risk that you take should be those that you should consider before making a decision. When taking risks with money involved, you have all the freedom to refrain or accept it because it is your money and for sure you worked hard for it. Do not let other people's opinion and interference get on the way of your decision making. Your success will be more worth it if it is decided and thought through all by yourself though losing will inflict a huge impact towards you too.
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I started putting 1k into Bitcoin every time it drops by 5k since 60k. And I ran out of funds a little while ago.
The fact that I can’t buy this dip just makes me extremely uncomfortable.
It makes me feel shifty and nervous of the fluctuations. Whereas before I looked forward to it falling so I can just buy.
I guess this is the part where I wait.
There's nothing wrong with what you're feeling. For sure many other people are feeling the same way that you do. You just need to learn how to manage your buying well and avoid being too compulsive whenever you see the price drops. You can just simply wait for the lowest price it may go and buy as much as you can when that time comes. Now, if you still do not see it as an effective plan, you can still continue what you are doing but always be reminded of the risks you may face as you do so. Holding was never an easy job for us investors but most success comes from those who manages to hold for a long time. |
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I need advice and motivation of all senior and expert members present on this platform how can we achieve high rank.
Every member present on this platform give your opinion and tell one by one tips how we can easily achieve high rank?
Does High and Low Rank Affect Our Pay?
Reaching a high rank seems to take too much time nowadays and it is nothing like how it was before. Before, it was the activity count that helps you rank up, now it is through merit which is much more harder to get compared to activity counts. Nevertheless, there are couple of ways on how you can gain merit in the forum. First is through making sure your post is full of knowledge with regards to the topic as well as being related on what the topic says. Another way is through finding certain places in the forum where people give merits more frequent than in the other. If you want motivation, just imagine how helpful in gaining profit it will be if you successfull rank up. |
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Well it is rest assured that what they've done will be one in the books but at some point, we should not forget that it can go two ways, it can either be a historical success wherein lots of countries will follow its lead or it can be a historical failure which caused bitcoin to become more unideal as a currency. Let us hope it would be successful because if it does, it will be a chain reaction towards other countries till bitcoin becomes able to dominate the world. On the other hand, bitcoin as a currency might be fancy but fiats should not be replaced by it so that everyone can still have their financial freedom. |
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In any aspect in the world where there is competition, China always make sure that they can outsmart the other countries. It might seen bad for bitcoin on having mining within Chinese territiories banned but sooner or later, we will see how beneficial it will be both for bitcoin and for China with regards to bitcoin. We should analyze further more why such things are happening so that we can have an idea on what are the best thing during such transitions or situations. China and crypto will soon play well with each other and rest assured that China will be included on those who will dominate the world.
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With regards to winning through holding, it is not really based on the person's ability to wait alone, the coin that you will be investing to will be the one that decides your fate. Those smart and eager holders from before surely took lots of profit from the bull run that happened last year. Those who didn't wait and lost their hope on bitcoin are guaranteed to regret even up until the future as they recall the chance where they should have been very rich with ease if only they chose to keep on holding on regardless of the situation.
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