Honestly wanted to ask and to discovered the newbies among us. i though of creating a vote but it is not Necessary. i really wanted to ask if there are members of this community that sold off during the last dip thinking that the market has crashed. alot of friends kept complaining that bitcoin and alts will go deep down and it will take months before coming back.
Really wanted to find out people that lost their grip and sold off. what really was your main reason for NOT holding...
I didn't do any of your guess. I took the opportunity to take the current dip. Unfortunately, I didn't make the highest profit after the Cartesi trade. Although this isn't a good decision because next time I could lose all of my Cartesi with a low profit. When you realize that your holding altcoins have already pumped unexpected limits, then you can sell them. I won't trade with my holding altcoins.
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There is a nice success story in the stock market world, where a guy named Keith Gill bet with his money $50k on GameStop stock. About 2 years later the investment rose to $50 million!
So the question is. Is there any similar recent success stories like that in the crypto world? I know the Dogecoin millionaire, but that was from $180k to $2 million in a few months, which is not that impressive compared to the GameStop stock guy, because $50 million is another level. So? Any similar recent success stories?
OMG profit! I'm not as lucky as Keith Gill. But I missed the opportunity of the bear market. Especially the Kusama coin, almost 300 times pump, no one ever imagined. We could earn 3 times more than Keith Gill. I saw over 1000 times profit in two years. Nothing more than holding benefits. We can't be patient because we need early profit like I took the Cartesi dump opportunity.
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None of us can tell us a simple and direct answer. Because there will not be a direct answer. Let me clear to you, I got good rewards from the "Cartesi project" and still have it. After Cartesi, I got so many good campaigns in the last year, but none of the projects didn't make distribution. How do I sum those rewards to give OP a correct answer?
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Crypto experts in the house please your attention is very needed right now, does it even make any sense to burn of tokens max supply gradually when the token or project have not been listed on exchanges? Does this make any sense?? Thanks
I never heard about it, why someone burns their tokens before getting a listed exchange. Probably this project is probably a scam project, to show lucrative opportunities for new exchange investors. We are in the middle of bullrun, now we don't know the next movement of scammers. Legit projects topics must be different, they are doing for our good.
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What you get easily, your father didn't, which means maybe you won't understand your children's language of future technology. Generation after generation people will understand more about our cryptocurrency. We shouldn't expect it in a few years. The best example is about our future. " I didn't persuade my parents, but I managed my uncle. But I could manage my father because my father trusts me, but he doesn't believe the stock market because of the fall down.
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Especially the smaller market cap coins. But even big coins like XRP, ADA etc I can almost gurantee you that they are paying for shills. Don't beleive everything you see in Youtube and in Reddit. ADA to $10 eoy Theta to $1000 and all of this shit.
Youtubers get 30K for 1 video to talk about the coin
I don't understand "30k for 1 video". Please answer it. Top altcoins will return you a good profit, the only problem is out of the top altcoins. Out of the top altcoins are very risky but profit. We shouldn't believe all types of promoting projects without our research. Now I'm looking for good altcoins which price is very low but volume good, there isn't any promoting video.
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I don't think so. at first glance it seems true that he was manipulating market prices. Actually that is just the effect of Elon Musk's Policy. Unfortunately, people too go with the flow that Elon musk creates
Do you think he does this on purpose? After all, he has a whole marketing team, why does he need so many tweets about cryptocurrency? It is likely that the first tweets about dogs were nothing more than regular tweets, but looking at how they affect the crypto market, Elon might have decided to experiment. If the cryptocurrency market falls again in 4-5 months, whom will you blame for that case? Stop acting you are nothing and become part of Elon Musk. Because behind your comments, you are supporting Elon musk tweets. Elon musk is trying to manipulate the market. What could be the reason to pump cryptocurrency without Elon musk tweets? So stop acting like Elon Musk everything.
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The sharp drop means bitcoin had temporarily erased all its gains following Tesla's announcement that it would purchase $1.5 billion worth of the cryptocurrency. It was also down more than 50% since hitting a record high of $64,829 in mid-April
is there any other cryptocurrency that can be rise n future ? if yes then proper details which one is ?
Only top altcoins followed the Bitcoin dump, out of top altcoins does but in different ways. Those altcoins dip prices almost 2-3 times down. That's why I won't invest in top altcoins or any famous person's tweets. Elon Musk didn't do anything, but we are thinking that he dumped the market. We can blame anything or announcements during market correction because we have positive & negative news every month.
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What are some of the best ways to earn passive income right now? I was thinking about staking $CAKE, just staking it and not using liquidity farms. But not sure how profitable that would be, compared to some other methods. I have a 5000$ capital.
If you are giving your time on passive income, maybe you will find a way. 5000 USD isn't a low value to make a good investment. Your investment profit will be more than your staking rewards. The CMC and Bitcoin market are getting stronger at a dip price. This isn't a bear market to focus on a staking program, even the bear market won't come in a few days.
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Welcome to the club. Do not be surprised if in the next few months you watch your portfolio bleed in value every day, until the moment when your nerves start to fail. Hold on, if you entered the crypto market, then you have to come to terms with these things.
Please give me some advice. Why do you think the market will bleed in the next few months? Why don't you switch to USDT if you know the future of cryptocurrency? I will follow you, if you show me your switch transaction history. Take as advice, don't give anything to others if you're not going to do it. Your prediction was 95 percent wrong even though you know it.
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I don't know if this is the right place to post this but I want to know if there is some way to send erc20 tokens with low fee. Current gas fee is very high particularly if one has to send too many transactions. Please if someone know any other way to send erc20 tokens with less fee, share with me and I will appreciate it.
You should use myetherwallet, but I think you know better than me. I can control Ethereum transaction in myetherwallet but you must have experience in the last week. If you control GWEI, transaction could fail. That situation will cost you another extra cost. But this advice helped me to save an extra 500 USD.
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I'm just wondering whether BTC has hit it's peak for this cycle. It's been trading sidesways 55k-60k for the last 2 months while altcoins have rallied. From historical perspective, for those were in it in 2017, did bitcoin ever regain it's dominance after altcoin season began. I guess what i'm asking is whether I should liquidate my bitcoin position and chase altcoins or whether there is more room for BTC to go this year.
You think, money flowing out from bitcoin to altcoins then will return to bitcoin! Total marketcap history isn't the same as you think. Now a total of 1.10 trillion marketcap is gone, I don't know from where this money came and gone. Bitcoin was stuck for two months. Maybe Bitcoin could be here for a few months. Some investors took profit, some will take from the next cycle.
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we keep the coins at least 5 years , but its too long imagination. you can proof it. 2018 early NEM coin was top 6 Marketcap now 56. so keeping its useless. we have to updated everytime and get the action the correct time and exit.
Now i think bear market is going on , so holding for 4,5 years just a imagination. specially i have to say that TOP 5 coins , we must keep most probebly they will surpass the All time high again.
what all your perspectives?
My perspective is one, how can you hold altcoins for five years without (At least) 4 years experience! We know that the top altcoins list can always be changed, but this time the top 3 are fixed. This time the Binance coin fixed third place. This I can tell you because I have a good time experience. You must be active without the top altcoins. During the proper time, you can change your altcoins. Now is the perfect time to invest, if anyone likes short time investment.
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We don't like centralized but even though we are back in centralized. As my experience all of this reason is service, still decentralized service isn't as good as centralized. Check these results. We don't use other bad services centralized exchanges, but we like to use Binance. Actually, I also like to use Binance exchange because I don't have options to use decentralized exchange, especially for transaction cost.
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I have gone a small research and grab some points and conclusions.
Now the market is extremely volatile and extra hype. So what ever the hypes now are temporary , bear market sure will come in next days.
If you have fresh investments , do not invest now. wait for 2-4 weeks lets see. November to now almost 4 months came bull market without major bear signals. now pop out some signals. So now bulls are temporary. Please keep your hard earned money for weeks.
give opinion others.
What I believe is that my experience isn't 100 wrong. Bullrun trap hasn't started yet, Bitcoin could hit another ATH. This is the second correction time after 42k, now from 58k. Between the second quarter, the whole cryptocurrency could take a major correction. Which will be the last opportunity for all investors.
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Both have very unique features. Ethereum 2.0 will make a big difference in the blockchain. As my knowledge after Eth 2.0 trading fees will be reduced. When coming to BTC, It has more than 50% of crypto market dominance. Therefore HODL BTC will never worthless. Chance is yours! Both are very good for long-term hodl.
Yes, both are very good to hold for a long duration, but for this issue of ETH 2.0 I don't think it is clear whether it will have a good effect on costs on the ETH platform, the problem is that so far ETH 2.0 has not officially appeared. As far as I have information, Ethereum 2.0 was launched last December. Transaction costs will low after the next London hard fork of Ethereum. If op can hold bitcoin or Ethereum for the long term. Then I will suggest holding any other top altcoins. Now for 100 USD, none of this coin is better. In my time, I will choose to invest in the EOS blockchain.
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Is BUSD no much different from USDT?
Which do you prefer?
Actually, both stable coins are my favorite. I have been following BUSD since it was launched last year. In a few times BUSD already has the top 40 market cap. Now I won't prefer any single stable coin. Both are good and legitimate, even value is almost the same why we trust any single one. Tether value is a little bit higher than the Binance USD.
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