Hi guys
Usually Bitcoin significantly pulls up the alts at some key level. What do you think will be the level this time?
Would be curious to hear opinions!
Best, Peter
The answer is we don’t know, and I am not definitely sure if the growth of ETH, BNB, etc., are already telling us that this could be the start. However, there’s no accurate price for Bitcoin in order for the altcoin season to begin. The cryptocurrency market is unpredictable and there’s no way we could tell on when the altseason really starts. I think when the price of bitcoin can be stable as it is today, it is possible that the altcoin season will come. especially when we are faced with big news that can support the growth of cryptocurrencies, so that it can influence the minds of investors to re-enter the market and choose potential altcoins. usually it will be preceded by eth at first, but that's an uncertain thing |
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What do you think about Saturday and Sunday trading  Considering it with week days which do you see as profitable or they are just the same thing to you. To be honest with you I never trade on the weekends. On Sunday and Saturday I try to spend as much time with friends and family as possible and check my coins very rarely. It would be interesting to know how many of us here on the forum trade actively on the weekends. Maybe you can add a poll to your thread? In general I would expect less traders to be around on the weekend, which would mean that markets are not as liquid as during the week. This lower liquidity and higher spread between bid and ask prices could be picked off by good traders. But trading everyday of a week without getting some time off can burn us out. Having atleast one day to relax helps me a lot to recharge batteries for the next week. it's the same with other traders, who think the weekend is the right time to rest, after working on a normal day, they also need time to refresh their minds, so that on Monday they can think clearly to get profit again, and that's also what I do. lower market moves seem less attractive to trade. things like this do not seem trivial, but indirectly as the biggest supporting factor for living a balanced life |
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I think if the bitcoin stays stable for a while then there is a possibility to pump all types of altcoins, although thinking about altcoins is very costly and very risky. Altcoins can be very profitable at times but on the other hand properly any kind of analysis does not work properly. There are many groups where many are saying that altcoins will go up very soon but no one is saying the right time.
indeed at least bitcoin is stable until the end of this year, so it is possible that we can see altcoins rise, because if bitcoin goes down, most altcoins seem to follow the decline as well. on the other hand, this moment coincides with the end of the year where the desire to climb up seems to be wide open, and that many traders believe in it, so the opportunity to go up will be easier |
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Is it really necessary to take a course before getting into trading?
The books or courses could help you theoretically to gain some information about the market rules and strategies and give you idea about how market works but speaking frankly when you enter the real world market you see lot of new things and slowly you learn from your mistakes.I have seen some successful traders who were not educated and they all learn while trading and gaining experience from mistakes.The courses are extra source of knowledge but only if they are correct but you will learn lot yourself. It is important to know all the basic and thru time you will be able to enhance your skills, books and all those materials in learning this business are all important, you have to work with your knowledge and make sure that you are involving yourself into this market, participating to experienced the knowledge that you gained. It's always better to have everything set in place before jumping to any field, either business or investment. Trading is not an easy venue to become reach but a good tool to succeed if you are really aiming for a better financial wealth. in learning the trading material and time to trade, it all depends on the flexibility of our time or the strategy we use. every book and video that we study certainly has a different strategy, so we can choose which strategy we will use, because not all traders have the same free time so the strategies used are also different |
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Hello, what is the best way to take profits? I'm confused if I should take my seed out and leave my profits to climb, or if I should take profits out every time the price climbs 25% to 50%? Which way is more profitable, or does it even matter?
If I leave my profits in the trade would I be making more money then if I were to take profits out at every 50% price gain?
The best way to enjoy your profit is to become not greedy to your self, because when you greedy u can lose all your profits u have. Do some research and look for the fresh news about your cryptocurrency it's better u get 1% profit everyday rather than having 30% profit and the u lose it all Mathematically, 1% every day will be a big profit in 1 month, but sometimes the target cannot be consistently achieved so that the target is different every day. for me see the market to get the target is the main thing, we can place the target in the nearest resistance area, and I think more than 1% can be achieved. |
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#PROOF OF REGISTRATION Forum Username: andriarto Forum URL Link : https://bitcointalk.org/index.php?action=profile;u=991004Rank: Senior Member Current Post Count : 1401 Telegram Username: @asendriya Participated Campaigns: signature BEP_20 Wallet Address: 0xFf4C1eAc01DcD0d7263E41a57F8232881babDAb9 |
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Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?
In fact, the price of any coin can drop to zero. Something would just have to happen that would make society completely lose confidence in it. USDT has never disappointed so far, so I don't expect anything negative to happen in the future. Of course, remember that the risk is always there. usdt is a coin that has been around for a long time, and until now it is still safe and has a market capitalization at the top, although there is a lot of negative talk about usdt, I don't think it is proven and is still trusted by many people. but indeed all risks can occur, and we certainly have an analysis for that |
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SHIB will be the new leader of meme tokens if it can survive on the market in 2024. Now I can not believe that it will survive. It depends on the developer team of SHIB and its communities. If SHIB will be used more on platforms and industries, it will take over Dogecoin and become the new leader.
Since 2020, the market is bullish and it is good time for small cap coins like SHIB with lots of promises but only time can verify promises can become real products from developer team.
For me, we have to be careful with token memes like shiba, where maybe the fate will be the same as doge, there will be a pump and dump action. therefore after enjoying the results, don't be greedy to face meme coins like this, or we will lose the moment, so we can actually experience a minus in our trading |
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Most of the coins in this article are top exchanges in Coin Market Cap. I am sure that it will be better to check on the coin market cap or CoinGecko because we can also check their movement, data, and also other sources to analyze. a large market cap is an indication that the coin is trustworthy, so we can research it further to invest. but if we don't do the research on the basis of trust, I think ethereum and binance are very trustworthy to invest in. considering that this altcoin has real trust and products, so its continuity will always be needed |
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When the activity is too high, some networks offer just bigger transaction fees (Ethereum), but continuing stable work. And some networks break down like Solana did a month ago. It shows that Solana has not been perfect yet, but I am sure that developers took this case into account and they are working on this issue, so just give a discount for the youth of the project.
their attention to the development of solana can be seen until now solana has finally returned, let alone positive sentiment also occurs in bitcoin, of course it also indirectly affects other altcoins including solana, after a rather deep correction, solana finally bounced back, and on the other hand confidence investors are also influential |
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depending on the current bitcoin price, because the market is down then the price movement will be fully controlled by bitcoin first, if bitcoin goes up then all altcoins will follow, if it goes down it's possible all altcoins and doge can also fall below 0.2$.
For dogecoin to reach 0.02 then Bitcoin will be at $57k to $60k for every other altcoins to gain that strength to surge higher especially for dogecoin reaching and exceeding 0.02 price. Elon musk had help the surge of dogecoin which is impressive. All dogecoin investors need to have a rest for the market to break it previous resistance ffor market to continue it bull run. What do you mean by 0.02 price? Dogecoin's current value is $0.24 ( https://coinmarketcap.com/currencies/dogecoin/), and it seems not dropping, thanks to bitcoin's bullish movement that altcoins were able to stay bullish at the moment. Doge has already made a success this year, so I think the last quarter is all about correction. Judging from the movement of the major trend, Doge is still in a price correction condition, and I think this is not suitable for medium-term investment, except for short-term trading, maybe we can still look for profit. but actually I'm personally not interested in meme coins, because I'm full of caution when trading |
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Hi I want jump on the bandwagon right now and buy some shib haha I am looking at the rsi and extremely overbought I see. Should I just wait a bit for it to come down some then buy? Or this still going through the roof and I should get on now?
Shiba inu is a meme coin, like the Dogecoin, and it became the talk of people these days, I see that many investors have made good profits during these months because of their investment in this promising coin and because the coin has gained nearly 300%, I advise you not to buy it now and try to buy Shiba Inu around 0.000021 which is heavy accumulation area, I expect that there will be an upcoming rise in the Shiba price, or there may be a direct drop. if there are many investors and whales have made a profit of up to 300%, then I don't think it's a suitable time to invest, unless we make short-term trades. Even then, we have to be strict in managing our money because if not, big corrections can happen at any time and that's what we have to watch out for |
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Solana price was 215 times the last year only one month ago. The current condition of it can be seen as an opportunity to buy considering a long-term investment. Solana price should be able to reach at least $1k before the end of this year. And maybe it will be even brighter than that in terms of its price. It is your choice but you can always make your investments without waiting if you are a long-term investor.
it is truly unbelievable to see this spike and sometimes we blame ourselves for not seeing this coin. Solana becoming hot in the market, for now, it creates such hypes because many investors are buying, the demand wildly increasing so fast which makes the price surge but we should have to be careful this, and for me, it was not the time to invest as likely was a trap. I can't assume actually with this but can't ignore the possibilities that whales are setting this up just to get attractions and put a trap in the end. even now solana is above $144, but if you look at the market we should be careful considering there is resistance around the price of $190. if it is broken, there is a possibility for it to go up again, but if not then a correction will occur. and I think wait and see is a wise choice, therefore we must be patient to see the market |
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Personally, I would like to say that I like your way of investing a lot. Since you have recharged yourself then you deserve praise for adopting this method. I think your method is very good
Methods that works for OP is good and you also have your method that might work for you. I wish you the greatest of this journey OP. This small investment either be increased by more than 5x soon or you learn a lesson with this journey. Well, both are still great in terms of learning new things about investing. everyone's method may be different and I think the best is the one that is suitable for each person. because in essence, of course, all of them will seek profit according to their respective views about the market. the most important thing is that we still want to continue to learn, and analyze ourselves |
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An ideal project that is good for long term are those who have a massive community with an active dev/team who are consistent on working from behind to have a progress and development on their project. In short, established coins are the best choice like ETH, BNB, SOL but its not also a guarantee of sure profit, we know how risky investing is.
But if you're looking of coins that are good for long term, IMO established coins are often the best choice.
With a large community, it means that the altcoin is able to give trust to its investors, so it will be safer to invest in the long term, but it also depends on the developer where in the future whether he has a way to maintain investor confidence or if it stagnates. I think eth and bnb are good for long term investment |
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Hello!
I want to know how you choose projects for investment?
At the moment I'm focusing on the Near Protocol.
I bought it back in early April and don't miss the chance to mention it.
What did I focus on when choosing it for investment?
1. Team (most of the famous developers worked in google and facebook)
2. Strong community (more than 100k on Twitter and a very strong forum)
3. Own blockchain (develop their own structure with their own EVM and cross-chain)
4. Solving existing problems in cryptocurrency (high fees, transaction processing speed, scalability)
This is a very brief description. At the moment I am faced with the choice to add a few more such projects to myself. Share your knowledge.
In fact, the way I choose a project to invest in is to look at the project team first.Secondly, how far this project can go in the future. People all over the world have this token How much is evaluating. Their popularity on social media. I invest considering all these things. the most important thing is the team working on the development of the project, by looking at the background of the team, then we can conclude the team is good or not. so that this can increase our confidence to research further about the project so that later it is as expected |
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<snip>
People need to realize that bitcoin is not alone anymore, all those coins are looking up to bitcoin for their moves. It is clear to me that bitcoin movement could be parallel or opposite but it will always change other coins prices. So, why buy altcoins if bitcoin makes them move? Well for that individual moves I talked about, a coin could go up as much as 2 without bitcoin moving if there is a special thing going on for it.
I fully agree with you. Not every altcoin will be dependent on Bitcoin's price movement. There are already a lot of time that some altcoin rose its value to even 2X, 10X, 100X of its value even bitcoin isn't has significant movement at all. So people, don't think that it will always be dependent to Bitcoin's price. Tho I think, if bitcoin make some significant movement, it will have an effect to every altcoins out there. this is due to the current trend, where with potential coins, many investors will come to invest, so it will be easier to raise the price up to 100x though, especially with a relatively small market capitalization, if the coin can survive. after skyrocketing, then in the future of course the coin will be able to level up |
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If you look at the volume and high market capitalization, I think ETH BNB and Solana are very good long-term investments, because these altcoins have the opportunity to be able to provide large profits in the future, besides that these altcoins have very good potential, so it is appropriate for you to recommend as a long-term investment.
Altcoins are just as safe as bitcoin. many people who believe and have a large capitalization. but it never hurts us to follow the trend by using a small amount of capital in order to get more profit by investing in potential new projects such as cifi which is likely to skyrocket with a small supply |
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to invest long term, I think choosing the main coin will make us comfortable. by choosing bitcoin for long term investment I think our money will increase in the future, rather than investing in new coins, which is very risky even though it offers double profits. and I guess we can do other activities after that without worrying about our money will be lost
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Sometimes we feel not good after paying a High Fee on ETH  But I want's to know why this? I feel my emotions with this  That doesn't matter if gas fee was too high at least you earned good enough to fund your holdings in a profitable ways. Everytime price of ethereum and bitcoin goes higher with fees it will always continue to rise, depending on the percentage of transaction fee bracket. Unlike the old days, cheaper tx fees was still worry free but if small priced coins that we have will soon come up on that stage I guess we will also be concerned if fees itself will also become expensive. if we get a comparable profit in trading, I don't think it will be a problem, but if we have tokens on the ethereum network, then this will be very heavy for gas fees. the best thing is to avoid using the ethereum network, what I have is an old token ICO time, for now many of the new projects are using the BSC network or polygon matic. or if we want cheaper, don't choose rush hour to transfer, because of course the fee will be more expensive |
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