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Every market is known to be manipulated and easy to be manipulate by the whales. Comparing it with stocks and its nature of being volatile, I like bitcoin's volatility than the stocks. That's why I ponder that it is a better investment for which I'll benefit in the future and that's what's happening today and I did the right thing. Bitcoin's volatility can't be tolerated by everyone and if there are people who are good in stocks, they should stay on it.
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Congratulations to you then. If arbitrage is what you do, can you name those exchanges where you usually buy and sell coins? I'd like to do it and make at least a few bucks from doing so. Although it's not that guarantee and transfers should always be quicker than what we're expecting.
Do you have specific cryptos that you purchase for doing arbitrage? I hope you'll share your strategy.
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Many large investors have invested in the BTC. They know why. We currently have a technical reaction, which is normal after strong rises.
The trading volume and the interest of large corporations in BTC proves that the price will continue to rise.
That's why even normal people are not idiots for following the trend.
Not mentioning that the market cap has reached $1T for the first time. Although it has corrected and the current total market cap for bitcoin is $910B yet that's still a lot that has gained since last year. Those called "idiots" who have invested $27k or below $30k are rejoicing and would be proud of themselves that they've bought it at that price. We may not see those prices again for a long time or it's going to be a never until the end of this bull run cycle. |
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Start with the little with your plan, that seems to be a good profit every time you trade but you should start with a little more than what you're expecting.
And for a newbie like you and wanting to earn through trading, you'll struggle a lot. I don't know how much you have to spend just to learn through your experiences. The first time you do it is always the hardest and you'll be having negative outputs doing it.
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Seriously? i thought this is more like a falling knife  , don't ever try to catch such falling knife becasue they could be dangerous IMO. Joke apart, this dip seem to have another dip IMO and watching the happenings around this dip before buy will do more good than buy into it currently(though not an investment advise). No more dips I guess. The correction has finally turned into a slow paced movement again for bitcoin. We're not used to this unless you're rushing about it. Looks stable and perfect this time and whatever the next outcome is, just put yourself into a mental state that you won't panic. There's a lot of it that happened recently. Easy to say but would really be hard to ignore in reality because we have seen so many times on how bitcoin did move after on a sideways movement on where we do thought that it was somewhat in the stabilized manner. So its better to be cautious and wary rather than on becoming too confident just because you have seen that the price do able to withheld but doesnt mean that it can sustain forever but we are really hoping for that to happen. Dumps? Common reason is sell off which is most likely on selling point by most people or simply been moved by whales. I'm confident and I won't put pressure to myself just as the market always do. Just as you've said that it can't be sustained forever and the dip will go the same. It won't stay forever and that's why I'm just putting myself into a positive manner and won't be affected by any bearish analysis about bitcoin. Dumps are normal and essential but this pump that bitcoin did and knowing from where it started is promising and won't give me that negative outlook the way things happen lately. |
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If this only about transferring and about ERC20 tokens. What you probably mean wallet to wallet is by sending your balance to another wallet or to another exchange. If that's what you mean, you need to have an existing Ethereum balance on your ETH wallet to cover the gas as the fee. And to know how much gwei you should pay and what amount is recommended today, you get a hint on: https://ethgasstation.info/ |
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I am hoping that it will not fall below 40k as it seems the support is strong in the 40k level and above.
However, in this market, we don't exactly know what will happen next.
It can go down fast but recover fast as well. Either way, you should be prepared if you are into this market.
There are big players, that's right. But we don't know their true motive of why they are into crypto.
They can sell their share if they are seeing good profit and we can't stop such event from happening.
It's all hanging in the air and we don't know how much it will hold until this dip ends. But as long as we want to, if it stays above $40k then that's a very favorable dip for us. We know how bitcoin moves dramatically and unexpectedly. And if it will be on that level of pricing, that's still a good deal to me but I don't know to others who can't accept that it has gone down for a while. |
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I don't even think that there's a war against the government. It's just your conceptualized idea that bitcoin is at war. But let's say that there are frontliners about it, I'll give the credit to those people that have been visionary about bitcoin from the very start. Those who believed in the project of satoshi nakamoto and et.al which I consider them as the frontliners of it because at the early stage of bitcoin, there have been a lot of backlash already and only a few believed on it.
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Seriously? i thought this is more like a falling knife , don't ever try to catch such falling knife becasue they could be dangerous IMO. Joke apart, this dip seem to have another dip IMO and watching the happenings around this dip before buy will do more good than buy into it currently(though not an investment advise). No more dips I guess. The correction has finally turned into a slow paced movement again for bitcoin. We're not used to this unless you're rushing about it. Looks stable and perfect this time and whatever the next outcome is, just put yourself into a mental state that you won't panic. There's a lot of it that happened recently. |
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but how much more can it really rise? I mean REALLY?
Cardano is causing me stress.
No one will tell you how much it's really going to go up this time. If it's causing you stress then you shouldn't look at it because it just adds to your frustration. What's important is that you've already sold and you did that because you agree that the price was profitable by that time. Don't look at your present frustration but look to the time when you've sold and you have the money now. You should be fine and just move on with another altcoin that you're going for long term hold. |
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I think that the price of bitcoin will definitely not fall below 40, because now there are a huge number of institutional billionaires on the market, Lowest that I've seen so far was $44k and I hope that it won't fall as low as $40k or lower than that. many of them were purchased at around 30, 35, 40 thousand $, so they will keep bitcoins to the last.
We still don't know how they play if they just got in to bitcoin. They could drop the price and dump what they've got. Since, they're new, they can determine their company's stand on bitcoin on the short term level but, as said, we don't know if they're also longing. |
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I think now bull run ends for 2021.
It has ended so quick? we should be ready to next bitcoin halving. can anyone give a answer next halving ?
Estimation; by 2024 the next halving will happen. And just as the same for the past halving, a bull run has commenced and that means you're also expecting that there will be a bull run if not by end of 2024 but by 2025. |
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Being them going public, they should also upgrade the customer service and experience that many have been complaining about.
Indeed, as they wanted to gain credibility. Then most probably, solve first the problems facing users with their system and services. While these public trading file action will still benefit the company and will get the interest of some investors, they should also face the deep responsbility and possible risks of filing it in NASDAQ. But then again they are confidently ready then, this could be a major move for coinbase. Hopefully this direct listing make a good outcome as theyve jumped to use traditional IPO and will got this huge step further. I hope that it will come eventually as they need to have a good reputation and feed back from the people. Such complaints that will be voiced out won't really make them fall or such but it's a concern for most of their users that we've been seeing. They got bigger volume this time and it's a challenge for them to provide the best quality customer service that everyone deserves. But as said, they have to put that into their to-do list if they want to be more credible. |
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Yes, they are obvious scams. I can see them mostly in crypto related videos and they're not just in YT but also in social medias where they post in almost every popular pages and posts whether they're related to crypto or not. I'm sure that these websites know about the existence of these spams but they do nothing about eliminating it but that's why they also have a report feature which we can do to at least lessen their existence but it's hard to tell when they'll completely stop.
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I'm wondering what could've lead Binance Coin towards new heights within such a short amount of time?
Binance Smart Chain. Does the "De-Fi" hype have to do anything about this?
Yes, because of those projects that are choosing BSC over ETH (ERC20). It's more efficient for them and have lower fees and that made BNB put into a crazy ATH. Do you think BNB's current prices are sustainable or not? Your input will be greatly appreciated. Thanks.  It is sustainable, it has once reached $300 and its current price seems stable and calm. |
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Being them going public, they should also upgrade the customer service and experience that many have been complaining about. This news in the eyes of institutional investors is another reason to get involved
in Bitcoin and crypto.
Yes, this is what we can extract from this news. Exposure, institutions, and even normal folks that still doubt bitcoin. |
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a) It can still be used to convert into cash but fees are high and you need to set how much you'll be paying. If you're not in a hurry, you can always change it to a lower priority until it gets confirmed. This is another reason why most are just holding it and not willing to pay for that much fees.
b) That's still the same as converting in cash because you have to send it to the receiver for you to purchase goods.
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Is Elon Musk will invest in Cardano? I saw some Twitter posts that Elon will invest in Cardano(ADA). But I could not find any tweet from Elon. Is it a rumor or true? You just saw it but there's no any other explanation why he'll invest on ADA and not even a single proof that he said he'll be on it. You know in the bull market, when a known personality invests into a coin, then also put it on hype to make it look like he's investing into another coin. Whoever made that rumor, he has successfully made people believed that it's a real thing. ADA is also one of the top coins these days but no need to make some misleading tweets or rumors. |
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If there will be an Elon Coin and that's mineable, I'm sure that most of the miners will go by and mine that coin quickly. But you know how Elon plays and most of his actions are unpredictable. If Elon Musk had given at least some hint of his plans in relation to Dogecoin, then I'm sure many would support him. And so some thinks Mr. Mask is a very smart and far-sighted strategist, while others think he is a manipulator who leads people into incomprehensible circumstances.
It is because that everything that he says, there is a lot of support from the community and buy as what he just said even without telling people to buy it. |
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