There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared
therefore we have to know when is the right time to sell cryptocurrency that we invest, because we can't predict when the market will pump and dump, therefore when you have reached your target (get a profit according to your expectations), then my advice is that you better sell it and don't be greedy, because when the price go down, then you will definitely regret not selling your cryptocurrency and still hold until the price go down, so my advice if you want to invest in cryptocurrency, then you have to set a target for the profit you want and never be greedy. And I really don't think that those people who buy BTC at $4,000 are still holding it now but they might sell it off when the market price reaches back to $20,000 as the worries have to start remembering the 2017 market crash. These investors today are new sets of buying prices and those who sell the Bitcoins earlier have also bought this time/or they are praying for the market price so they could make a buy button again. |
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before elon musk tweeted a meme about doge i didn't know what doge was, i thought it was just shitcoin, but through his tweet elon easily jacked the doge price up and now most people are looking to doge for investment. and now big investors are also eyeing doge.
It really was and Elon knew it and just chosen to pump this coin. He had made himself popular to be a supporter of this coin and knowing that he's known worldwide, every single guy that trusts this businessman will also be confident of buying. And there goes the community belief that made Dogecoin rose, I believe that he did a big part. He just appears on the market before that altseason has about to start. I think that influence that Elon Musk did on Doge is not huge enough to increase its price but it was also lifted due to the market surge as the Bullrun has arrived. I would say, it was just a coincidence that happens to Dogecoin and people think that it was because of Elon Musk's shilling on it. I don't think so, he is just in perfect timing. |
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Since when is fate assisting you in winning? There's no such thing as fate, if you believe that your actions are driven by some other force, you're definitely going the wrong way, in terms of gambling. Most games, are a simple game of odds/probabilities. What's the probability of winning a Dice game with 75% win chance? It means that by playing 4 games, you are LIKELY to win 3 of them.
The result of a session doesn't match with the probability all the time. Obviously fate exist in gambling. While a player hit bigger payout within few rolls then it is addressed as fate. But everything will depend on probability if we play for so long. Most of the gambler doesn't rely on probability, they want to get early wins and lucky sessions. Which depends on fate. And a good control will help to maintain profit if you win anything luckily. I have managed to recover and made profit by placing rage bets few many times. Also I have experienced both more and less losing streak while playing. I believe every gambler has gone through this situation. And gambler take it as fate/luck. Of course, because that is just normal, we win some, we lose some, what's important is we are always disciplined as a gambler so we will not chase our losses that would result in losing more money. Winning and losing situation, we should have a specific plan on how to handle ourselves on that, we have to mature and understand that if we really want to succeed as a gambler, being consistent is what we need to achieve first. |
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However, that would drop from time to time so probably a $3 fee is still fine and will be confirm in less than 24 hours.
Sometimes you could get away with a $1 fee, I remember few days ago the recommended fee from electrum was hovering somewhere at 15-20 sats/vB. Exactly, but as what I said, you need to do it with the right timing and patience is necessary. However, you also have a good point, not everyone can wait, some people just want to gamble right away and they will use altcoins instead rather than waiting until the fee of bitcoin will dump.
Those who are dedicated to using Bitcoin in their gambling will wait for the right time to deposit, but for those who had an schedule time to gamble will not do that, they will opt to use other currency, with Bitcoin's fee going up and down, many gambling sites have install other popular altcoin's as choice, the gambling casinos who can only offer Bitcoin and Ethereum will have a hard time attracting many players to play in their site.
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Most of the coins listed on Binance can be easily pumped by the whales, this shows that the Binance exchange already has a very good reputation, but the trading volume can be easily manipulated by the whales, especially on coins that have just entered this exchange. I think trading on Binance is perfect for those looking for quick profits or for short-term trading especially on new types of coins that are very easy to pump.
There's no doubt about the manipulation, but that is not something for us to complain about as we also benefit from that. If we are familiar with the trend, it's easier for us to predict the price movement, and that would give us an opportunity to be profitable in a certain period, good example is the bullish period. |
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As of this late, I notice that the fee is not anymore that high compared to the last week when there's a little panic due to bitcoin's dump or the market dump. per https://mempool.space/, this is the estimated fee now. Low priority
54 sat/vB ($4.30)
Medium priority
68 sat/vB ($5.42)
High priority
83 sat/vB ($6.61) However, that would drop from time to time so probably a $3 fee is still fine and will be confirm in less than 24 hours. |
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Based on what I noticed this bull run, the majority of the coins that have a good pump this season are those that are listed in Binance, so I come to the conclusion that we should only invest in coins that are listed in this exchange for us to have a chance to maximize our profit.
What's your take on this, am I right or wrong?
Share your opinion.
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I am one the best loser when it comes to day trading. I ended up losing huge money in this gambling, though there are many who are in profit by doing day trading. It's like playing with wild fire, you need to be expert in handling the fire or else it will take care of you.
You don't need to be an expert, only you need is to be strategically wise and be committed to what do. Well, of course, we can't simply ignore some instances that even we give an effort and trying to catch all the strategies but the result still at loss, then this means trading is not the right place for us. Yeah, a lot of people tried but unfortunately, not all of them succeed. If we find no chance, then we don't have to force ourselves instead. |
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This what we have experience now. Besides, not only Bitcoin transactions suffered from this but it also includes ETH and ERC20 tokens. Too disappointed in a situation that when you are in badly need of money and you need to withdraw your BTC's but it ended up paying 5% of the total value. Lately, I withdraw some of my Bitcoin and it was just a $1 fee, but as I check the https://mempool.space/ the fees are shooting up again just like in the previous days. It has less priority so I expecting it takes days or even weeks to confirm. |
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I have read an article on Coinquora, The Crypto Market Capitalization reached $2.272 trillion last week. However, the crypto market stays bearish for more than seven days; will it bounce back, or will it be more bearish. While Bitcoin has been moving downwards after reaching the all-time high of $66,000 on April 17. The crypto further fell on April 18, making a drop to a low of $50,931. However, this generated a very long lower thread, confirming the $51,000 area as support. Crypto Market Cap: Will it Bounce Back or Become More Bearish?Never says it was a bear season, It was just a market correction. In fact, we've seen the price of Bitcoin is moving back high again, we're back at $50k. This is the longest streak of the bullish season that I know. And we don't know until when this momentum stopped but I was not in hurry, so I better enjoy the moment where both Bitcoin and altcoins are in the Bullish coz after this, we will have to face the biggest challenge ever in the market. |
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It is really difficult to learn to trade. It takes time and a lot of patience when learning how to trade like this is not just giving your time, this is also about risking your hard-earned money. I know how frustrated it is that you always fail and lose every trade, but remember that every failure comes with learnings that you can use to become the profitable trader that you want to be. There are pages on Facebook that can help you to achieve your dream. You can also try watching on Youtube. There are many videos uploaded there that discuss their strategy in cryptocurrency trading.
besides learning in the media, the most important thing in trading is that we must have a mentor who can guide us in trading. because what we know today is a lot of trading techniques, if we have a mentor maybe we can get a lot of trading techniques and apply them to ourselves according to our ability. supported by our skills that can determine the course of trading It depends on your preference, some acquire mentors and some didn't, they mostly gain knowledge from YT, online research, reading books, and actual trading. It could be a lot of resources and it is really time-consuming if we have them all. But, if we aim to learn more about trading and to succeed, we have to invest time and money otherwise, you'll get nothing and end up losing. |
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Nice one for LOMA, he lost on his last fight, so I think it's time for him to bounce back with a big win.
Junto Nakatani is also undefeated, LOMA really like fighting with undefeated fighter, but honestly, I'm not familiar with his opponent, so hopefully, it's a quality boxer so we will see a great fight coming this June 26.
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I'm not sure if this thing exists now, but the most familiar one to earn through investing is by just directly investing on the casino's bankroll. Mining in a casino is quite a new thing to me, sorry but I did not hear anything like that before, but if that's really a new one, I would be happy to be corrected.
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Manny Pacquiao is a guy who promotes fraud like GCOX exchange . Why doesn't the moderation close this topic and mark it red?
That doesn't sound like it's related to the topic, let the law go after Manny if he really has violated a law, it's hard to judge him without evidence, we may not like him being a crypto man but he is a legend in boxing, we should respect him. |
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~I agree with you, in the past a lot of fix games are happening that we don't know because we don't have an advance technology. Now, that we have cameras that we can close up and review how the players perform in the floor, it would be easy to detect if players are rigging games or not.
Maybe we didn't get interested with sports rigging issue that's why we got surprise with this news.
~
I think the decrease in the number of fixing matches is declining not because of progress and improved fixation systems, but because the business is becoming more civilized. Everyone understands that fair play will bring the maximum amount of profit over the long run. Obviously, it will, however, it's only the players who are doing the fixing and not the league supporting it, the more the league gets popular, the more the market will be bigger and they can make bigger money from rigging their game, point-shaving is very popular, IMO, this is the safest way of rigging than intentionally losing the game for the benefit of the players rigging the game. |
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Sometimes the punishment is really a problem, on some countries, when someone caught cheating in sports, a cheater will just be fine on or ban, there's no criminal liability, if that punishment will be serious, then I guess these violators will think twice before doing it.
That's right, the punishment for some countries don't have the teeth and they're just going to pay the fine and they're going to render the days that's punished to them upon suspension. Those punishments are easy to take because they're just going to pay and if their suspended, they'll just go into training and they're going to be back soon. Maybe the cases is not so rampant yet, but the moment they see that it's been widely abuse, then probably they will amend the rules to put a more serious punishment on anyone who violate the law particularly the "game fixing" which could involve big money especially if its a big market in bookies. What I think is that cases like these have became isolated. And for those who are risking their sports career and have no choice be involved on it are really forced due to those reasons and other management issues that they've found. It's only an isolated if the league will not make a serious action on this, they maybe are trying to protect their reputation without knowing it will only make this kind of activity to spread in the league, and people will slowly loss their trust on the league especially the advertisers which usually gives a good amount for the success of the league. you know, reputation really matters a lot and they need to protect it. |
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it is necessary to note that April is not always an advantage for Bitcoin. maybe this april this year all the altcoins reached their highest price or reached the price of Ath. but for april next year i'm not sure if altcoin will experience like this again. but we hope every year the altcoins will find the best price.
How true it is that April month is not good for bitcoins? Because, I read some people are saying April month is good for both bitcoin and altcoins but you are mentioning here something different and that is the reason I'm really confused about this topic. Anyway as of now, this April month is not good for bitcoin market because right now bitcoin market is in to correction; so probably you are right. At the same time altcoins markets also got stopped after bitcoin entered into correction period; only after bitcoin getting back to normal I guess altcoins season will continue. Altcoins season would not be possible without a bull run of bitcoin, you can tell by the dominance of bitcoin, and the fact that the dominant rate of bitcoin has dropped below 50% this month, that says altcoins are growing while bitcoin are a bit stable or has a little growth compared to altcoins. The growth of altcoins are in the later stage of the bull run, but it's actually bitcoin which started it first. |
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The fee scalability isn't controlled by someone, so we gonna expect this any time. We've suffered this in the past days, imagine paying $10, isn't really acceptable and thanks god it just runs in a short period of time, and finally, we're back.
So what next? I think everyone is fine now, and those days gonna be some sort of learning experience. And we can't be sure that it never happens again, or we should have to prepare for it?
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Panic selling is an attitude mostly of newbies in cryptos because they get shock and get FUD due to a big dump and dip but I think its totally wrong attitude because I see plenty of old timer crypto enthusiasts saying that when there is a dip its goods to buy and accumulate another hodlings and they dont panic.
Not all selling when there is a price correction called " panic selling". Sometimes we misinterpret it and I don't know why? Because the truth is that, everyone has entitled to sell their crypto at any time, we don't act like we don't do this. Think that buying at $20k and you never sell it even though the price is already at $50k because you are afraid that someone calls you a panic seller? No, it's not. Because if you are a smart investor, you will take every opportunity that arrives for you. Because IRL, people are not coming just to keep buying and buying crypto, but they are here for a reason to make a profit and that is why they sell their Bitcoin and altcoins. |
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