If we can read this article https://www.visualcapitalist.com/decentralized-finance/ no wonder how people will appreciate the Defi system. It could be the rising sentiment and being hot will end up soon but it does not mean that the whole system will collapse. It wasn't the looks I'd able to see with it, the new system will keep as what it has to be at its purpose. The people needed it and so there is no reason why it vanished. |
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If we have a positive mind, there is no possibility that we can work on it but we are doubtful, that seems impossible.
Anyway, holding will it something depends on the situation and it also matters what coin/s you've held. For most promising coins, it could better but if we are choosing less volatile coins, short-term holding is more appropriate. Besides, holding never gives you assurance as well and that it pertains to how also the market behaves.
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Alright, We never live without money in today's situation but it doesn't mean that we have to praise the money at all. The pandemic proved it how important to have money saved in our pocket all the time. But it was sad to see how people being greedy because of this thing and in order to survive.
If the current situation will brought us into the market reset, maybe I was glad to see it but somehow it is so unfair because rich people become richer while poor people become poorer.
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Trading is the good way to make money but it is so risky for new traders. I will suggest new traders to trade on demo account. More market analysis is needed for being a good trader.
They'll never find it hard or easy if they never have tried it. Of course, no one gets perfect at the very beginning, we all suffered the consequences that we afraid of but keeping these mistakes makes us learn and improve ourselves and strategies. Because if we feel about worries and doubts about ourselves, definitely we never have the courage to take the risk as well. Trading needs commitment and strong minds. These things will help us to decide the right thing to do. |
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Peoples fine it difficult to understand what is cryptoccurrency most especially bitcoin,but their interested over cryptoccurrency.
I just suggest that their should be a TEXT BOOK that will discuss about cryptoccurrency in order to educate people who are interested because referring them to online shows that know Manuel evidence of cryptoccurrency. And if their is any article that guide bitcoin.
It fine to have a textbook but there is no available at this time talking about crypto. Well, it might not important to have it because the internet is also a reliable source that can help us to understand crypto and it is the fastest and easiest way to make a search. In fact, you can find a lot of sources online that a textbook might don't have but of course, you should also evaluate if that sources are legit or not. |
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I believe that HODL is beneficial in the long term too. Especially if you bought Bitcoin from a low level, you will make a good profit at the end. It may last weeks, months or maybe a year. But it is worth waiting for it I think.
Patience is the reason why most people can't able to manage their portfolio and weaken their hands, and then let it go. Even we think that holding for a week, a month, or years it seems to be worth it but couldn't decline the thing, the dumps, and pumps that we usually encounter will sometimes badly affects our minds and make such stupid decision. Holding needs strong commitment and that we should have to build when we are planning to have this. |
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snipped~
The centralized exchange are making is saturated, and also the so called new project are just relying on existing code like we both highlighted. When the focus is just fixed on one area to me that can be considered saturation. Basically what happens in the space is, immediately a new trend begin to pick up momentum it because the new go to technology with little or no effort in improving that technology for the betterment of the industry but simply because the easiest way to cashout big by project founders. Do some research, currently 80% of the project under development phase are DeFi related with no unique feature getting introduced to the current one. Is just getting irritating what the industry is turning into. The evidence are everywhere, the market is saturated. Perhaps, only a few have thought that shit, many didn't capture the real situation because they are just getting blind with money. So many projects created almost every day but none of them having such potential for along-term, and after a short show, most of them went gone. How hopeless they are but somehow people keep believing that this could save them in terms of financial support. |
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I've heard people talking about other Cryptocurrency and even I've known alot about some of them, I've made careful research about some I'm even yet to know about, but I've not seen too may people talking about Pinkoin and I'm about to join that, please can you share with me your views, I need to have good understanding of it before I go on. Thanks so much 🙏
Exactly, not even you already have knowledge in crypto you will be thinking it easy. It is not, as long as we are in this risky investment, it can't just to escape everything and feels its all easy but instead, we need a thorough search before proceeds to the next step/s. This is the only thing we need in order to keep safe( though not totally but at least we are doing something that it helps). |
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Why not try transfer at ATM ?
Or maybe you can try trade with your friend, so.... you give them money and they give you crypto or cash ?
It could be a big problem since their country is not a crypto-friendly. And that to expect that there is no crypto ATM available at their place. This a big struggle for all crypto holder when there is no support from the government, instead of hearing it but it was only the hate comes out. It might be there is a reason why it goes like this.
@OP, P2P is the best option that might have to take. Other than that just like direct selling to another person in fiat could be of high risk and that only be your last option, otherwise, you will have to wait until the moment that your country will be open for crypto. |
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Then, let us move on and accept the things that it possible to happens in this volatile market. Should we have to worry and cry? Of course, not.
We even started just like a scratch and we are not expecting to come that $20k year before a decade. If we get back below $10k next year or even below $5k, it is still acceptable and still high. I can be thankful that we got that price, multiple times than the price that we have started. It was a blessing for Bitcoin (and for everyone) and time to accumulate more.
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This is still dependent on the adoption of bitcoin by government of different countries. When governments endorse bitcoin and it is being used by the masses, it then becomes a question of whether the company would want to pay in bitcoin or if the employees would want to accept bitcoin as salary.
I do believe however that the time will finally come when this will happen. It may not be soon but eventually it will come
That would be their decision and I think it is just optional for every employee to get paid with Bitcoin or fiat. If most establishments never accept Bitcoin, still it not make sense because they will convert it into their local currency. In that case, I've preferred also to paid with fiat to avoid a hassle in my part. Yes, it somehow the moment will come soon and we don't need to rush with it until such time that we are totally prepared for it. Things can't just be done in a year, a decade but it must be done once we fully welcome in those changes. |
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I'm still able to keep my coins intact up to the moment when we are hitting back at its peak (if there is), then have to sell them all and started back again once done. It for sure, not all will seems to agree with me but I was learning in the past, that would be enough to keep everything as perma-bull, instead, we need to be sometimes also thinking the bearish as it usually happens after the bullish. I feel this is the wisest thing to do than missing it again.
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I dont know that now is the time to pay attention exactly, Friday tomorrow and weekend approaching suggests to me to be more concerned next week. However we are at a weekly average and possibly there is a fight between the recent rise and overall decline from recent peak pricing. I dont especially expect a large sell off but I'm probably more negative in outlook then many, mostly I just see a trade downwards.
It sounds interesting to see how the weekend affects the price. I'm not sure if the previous weekends will also be the same trend for this coming.  Because looking into the chart, the price still on the range but the volume it started to slow down. Well, it hopes that it gains back high again and investors will never just focus on Defi projects. |
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This is not surprising. Often times miners will sell their shares also to any exchanges. What it caught to OP is that they are moving a huge amount of Bitcoin, and this might something it leads to declining sentiments if they will dump it. Well, it is not sure how it affects the market because even whales do this thing, the market price isn't moving that way instead of seeing it on the opposite drive.
Not a simple case to influence the market and this is not enough, though.
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It's a BIG NO, I really don't believe it. We must have to keep believing that all transactions are not reversible and we better stop talking about this coz we know that not all people have time to read the whole thread and might think that it can be possible. It should be clear that it is not going to happen and that is what we thought since before and should be until forever.
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Too much holding wasting your time as well, that is if the coin you hold is the wrong one. Aside from being loss your capital, it is
also, time is wasted. Yeah, it's right instead of you can use your investment into some good opportunity you can't do it anymore.
Although, in some other way holding is good if you are really willing to wait for years and good for the beginners only.
Not all it comes with positive and negative results, not even with Bitcoin. Long-term holding is also of high risk because we never know the future trend that might it have. I usually make hold for just a month or even just a week. I'll take every opportunity that the market has, 3$, 2$, or 1$ profits, I was already satisfied with that. Some people encourage them to make a long-term holding because they'll be thinking that they can be of Bullrun again. Yeah, could be possible but that was a long-long wait for us and besides, we never know when. |
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The most important thing we need to acquire before others are to be patient. It could be easier to think but definitely the hardest thing to do. All the things can be changed and the future of our trade, not all traders have this attitude that is why many had suffered losses than to succeed. And besides, trading couldn't just be acquired and complete in a day or two, not even in a week that is why patients have placed an important role in trading and even in the other field.
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You can learn from experience, because that's where you get something valuable. Following the trend is great, but it should be noted that you have to learn about something you want to invest in. Strong technicals and fundamentals will make a project that you invest in will end successfully.
If we all have learned from our bad experience before, it for sure no one will become a victim to this trick. And why a lot of projects sprung around from time to time because they always see that there are still a lot of innocent people that possibly be there prey. From ICO, IEO, and all have been giving us a bad experience. And for now, we have Defi projects and it is quite making the hype again. I hope people much be careful this time and so they will no longer be a victim again. |
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Why not talking at their self first before spitting it to the others. They are also greedy developers who never think about the benefits of everyone but just their own. That is why all their project never succeeds because of a reason and the reason that they are worthless. People blindly investing into their project for they believe that they true with their promises but it is very unfortunate that they end up just losing and developers never mind it.
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I'm active in telegram but I was not supposed to give trust any of them. It doesn't mean that they all cannot be trusted but much better to keep safe at all costs. Because oftentimes that I receive a message from a person who I'd never know and introducing himself as a part of the team, in a project.
Telegram is the most common way to scam people and that makes me think better not to interact with them instead of having them ignored.
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