Is it possible that we see another altcoin season, if Bitcoin breaches the all-time high and go above 20k? Do you find a direct correlation?
no doubt that this will happen,just like what many expects now that will happen in Bitcoin halving next year.so basically we will have another altcoin pumping together with bitcoin soon. but don't take it as a vouch because i dont want to be blamed if the market denies all the expectations. maybe it could happen, with the price of bitcoin that big. because according to the history of existing price movements, when bitcoin pump can affect the price of altcoin. therefore I hope for a moment of a bitcoin pump, and I'm sure altcoin will follow it |
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I don't think Stablecoin can benefit quickly, a number of reasons have been explained. maybe if it is used for long-term investment it might be profitable but I don't think it will benefit much. stablecoin is more suitable for storing funds owned
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We are saving for a house down payment of 40K. I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months. Is a stable coin the best option? Thoughts?
A stable coin might be good for keeping your assets for 6 months, but I think if you don't think of putting in a type of cryptocurrency that has profits like bitcoin or ethereum. when the coin has an increase in price I think you will get a profit. so think about it I think it would be better to change it to FIAT if the main purpose is to buy an item. and if the money entered into the market should be utilized, if not possible the nominal will remain the same but that is his choice |
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doge does have a slow movement but sometimes gives a surprise to the pump quickly, it seems there is not much price movement at this time. and in my opinion if investing doge with a small amount can be used as a reference for several people |
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Some altcoins now are slowly moving up i think its a good sign because they are slowly growing but some is still in bleeding point. So need to be wait and have patience for that, once bitcoin continue grow up altcoins also are moving up slowly so we need to wait that bitcoin continuesly grow for all altcoins recovery.
maybe according to the history of existing price movements, it happens repeatedly that altcoin always follows bitcoin. takes time indeed, if you can be patient it might happen again because a lot of people who hope the same |
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Today's market condition i think its likely more on dumps for the bitcoin and sometimes it will pumps which it could happened with a good news. Though i expect this trend up till next year as bitcoin still recovering.
In my opinion with current conditions daily trading can be used as a way to get profits, the most important thing you know how to read charts. my hope for next year is especially the price of starting the pump because there are a number of investments that I have and have not yet made a profit |
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it is the policy of the manager and each manager and also the project developer because they have their own criteria. but keep in mind that not all projects accept red trusts, take good care of your account by not making mistakes in the forum because trust is important in this forum besides the ranking of the forum
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I won't stop you nor anyone if you want to buy more altcoins especially it's still good enough to buy. But what I can only say is to be careful with choosing and buying altcoins or you'll end up losing your money. Just make sure that the coins you will choose are doing good in the market and are not those who seems unstable enough to last in a long run. Invest on something you're sure you won't regret.
for coin selection indeed depends on the people who become investors in the coin, the most important thing is that the chosen coin has potential. here we only provide information that is owned so that investors do not make mistakes, for example giving references to top 10 coins that have more long-term potential |
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I personally get tax if doing transactions with bitcoin outside of it I do not get tax. especially when making a exchange to FIAT, I have to pay taxes in a fairly small amount and not burdensome
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Start buying altcoins before its too late, the red market you are all complaining about is a big opportunity for those who knows that altcoin time will arrive, all you need to do is ....
1. Buy altcoins that have real use cases or backed with real wprking product, they tend to always have value better than copied projects.
2. Take it or leave it, new good projects will bring better ROI than many old altcoins, feels like we've seem how far old altcoins can go already, now its new altcoins time.
Altocin become our chance to get profit but we don't know when can get much profit with altcoin, price still lower and many investor keep waiting when altcoin up, we can't get many chance with altcoin during bitcoin keep down. Need when bitcoin up to make moment get much profit with altcoin for the future. quite a lot of people are waiting for the price of altcoin to improve because it's been quite long for low altcoin prices. but so far there hasn't been a good movement for altcoin, I am one of those who expect the altcoin to return to pump again |
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I think it's possible but it takes time for other countries to accept crypto as a means of payment. plus technological advances that could potentially change the method of manual transactions to digital transactions
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On point 2 and 4 these are for newbies only, even if there are hundreds of sites like that now, I would not even think of doing these things it's just a waste of time, point 5 and 6 are for those who are advanced holders and can afford to buy and trade because they have the means, point number 1 is for those skilled writers, they really the one that can earn free Bitcoin.
There's no such thing as free coin without work all you pointed out requires work, even buying requires work.
for points 2 and 4 I think for newbies to still be able to use it, but for senior people might choose another way because they certainly have a lot of experience. and especially on point 4, it will take a lot of time but for newbies they still want to know lots of methods to produce btc for free |
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your dream is good, i know everyone need money (in this regard is bitcoin), but i think better to "learn" first then "earn" in bitcoin. there are so many ways to get bitcoin, you can with trading, marketing, etc. but everything have risks. you can lose your earning if you dont learn that.
I agree with your point, because crypto is related to risk. if someone has no knowledge at all about the crypto market one can easily lose money. Learning and finding out about crypto is a good start before starting a business in this industry. knowledge is basic if you don't have friends who can help you in crypto. if you come into crypto by yourself then know the basic knowledge of crypto so that nothing bad happens, if you feel that you are sufficient in knowledge then you can start to invest in the crypto industry. the goal is that nothing bad happens when investing |
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If the government will have bank of crypto as planned, its only to see how much people have move their wealth to crypto and tax them. They will probably not let you physically get into this bank unless you have fully paid your tax and that means they will have to learn your wallet addresses. Imagine sending a ransom money to let you login to you wallet and this will recur every year.
therefore, crypto banks should not exist because they can eliminate the decentralized nature of crypto, and banks are third parties and they are certainly an institution that needs finance to pay for existing workers. just imagine if they make a fee every month in the form of a percentage of crypto, surely it will benefit them |
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in my opinion bitcoin can live alone, precisely altcoin which cannot live alone, because in most cases it's almost the same that when the price of btc goes up, altcoin also goes up. so I don't think that bitcoin cannot live without altcoin.
far this altcoin is still dependent on bitcoin in my opinion. because if you look at price movements, when the bitcoin pump altcoin starts the pump too. but if in the perspective of the market, altcoin it becomes one of the choices for traders. with many altcoins that can make trading more attractive to the public |
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I don't think BNB is the best altcoin. Binance did good, but that doesn't make him the best altcoin. there are sub-currencies with much better projects and technologies.
I prefer to think that good judgment depends on someone's point of view, if you see from the volume, maybe BNB still has a better competitor than him, but when viewed from the platform they have, they can be called altcoin with the best exchange platform. so on my opinion that good or bad depends on one's point of view |
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Bitcoin is the best investment, because you will definitely have a profit here in the long run. With altcoin I think you should look at its every move first because its price could fall when bitcoin halving has taken place. It is best to choose the altcoin listed in the top 10 as it has a much higher chance of surviving to the bitcoin bull run.
I think it would be better to make a combination of the investment that will be done, for example bitcoin get investment funds by 50% and the rest is distributed to altcoin which has a good rating. This method can be used as a reference if you do not have many ways to invest, the most important thing in investing is accuracy in looking for the potential of existing coins |
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if you want to compare please reconsider maybe like ETH vs BNB. because they both are giant altcoins in this cryptoqurrency market. if you compare ETH vs ADA, of course ETH is better, both in terms of platforms, coins, community and development. You can see the greatest achievement of ETH especially in 2017, I think the ADA cannot be compared to ETH in every aspect.
maybe eth has a higher potential and in competition eth is more competitive on bnb or xrp. for ADA may still be under eth, because eth can be called the king of altcoin and in my opinion the competitor that is more suitable for comparison is the coin that is ranked 5th. |
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Bitcoin is back down to $ 7500 and altcoin is also following Bitcoin, is this to buy BTC when it is going down badly or waiting for the price of $ 7,000,
If you have money ready to invest in bitcoin why not buy now some and wait if the price go down from $7k then buy again and hold then wait until price increase again. Investing is full of risk if you are afraid to lose your money then i think crypto is not for you. Nobody knows when the price go down or increase or even what is the bottom line of the price drop,all we can do is to grab the opportunity if we think it is the time to buy then go on. the investment method you say is good enough by dividing the funds you have to make a purchase if the price drops from the first purchase, but it needs to be careful and careful especially when making a second purchase because it requires the right percentage of price reduction |
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There is no doubt that lack of knowledge of a persons is the main reason why they easily get scammed, and to be honest i also got scammed on the internet especially when i am newbie here in cryptoworld that's why my advice is we should be more smart and dont easily trust a person we only communicate on internet.
for beginners I think it is indeed the target of fraud projects, but when they stay focused the experience will multiply and make someone smarter in managing the project they want to invest in. distrust can be the basis that makes someone want to know a project more deeply, and finally they find out about the project. then I don't think giving more trust to a project is better researching a project first for you to give trust to them |
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