Updated. DOT is looking in a very good way, the bulls are expected to start pushing further, some are betting heavily on DOT making massive purchases, when you open the chart and look for the volume it is really good and representative, however this article shows that DOT has imminent recovery:  Polkadot (DOT) is trying to rebound off the support at $17.50. This is a positive sign as it shows that the bulls are not waiting for a dip to $15 to buy. The altcoin could rise to the $26.50 level, which is likely to act as a stiff resistance. Source: https://cointelegraph.com/news/price-analysis-5-31-btc-eth-bnb-ada-xrp-doge-dot-uni-icp-bchI don't know much about chart patterns, but actually what I see with the naked eye is that it has an ideal price to buy, when BTC goes bullish, this coin will have new highs. In addition to the fact that DOT is widely accepted, it has been gaining a very good community in a short time, this speaks very well of the currency and its stabilization. if seen from the graph, DOT has managed to maintain its position despite the decline but the decline was not drastic. In this case, the conclusion is that DOT can more easily rise to a high position if it is driven by a more stable crypto market. With what is happening right now in the cryptocurrency market it is certainly a great achievement for DOT, by looking at the current condition of DOT only experiencing a not too drastic decline, I think this could be a benchmark when conditions are stable the price will rise faster, Even so, we can't just conclude that we need to look at the future later |
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I personally believe that there will be another btc bull run and alt run before 2021 ends. what you guys think about it?
btc to 80000 or 120000 USD
I think there is still a posibility that bitcoin will be back to bullish before year end. Even if we are facing a big crashing of bitcoin price i believe that there are posibility and we always need to be more open for the posibility because there are still few months left and i believe that it is enough time for bitcoin to reach new ATH. Crashing happens in the middle of the year, meaning we started best pause in the middle and may increase in the end . means we can assume to find the best answer at least in the beginning of 4rth quarter or the end of 3rd quarter. The correction could last longer just like the previous bull run, we can expect that a bull run might come again this year but we cannot guarantee it. It's just a matter of how you think, if you are bullish, of course, you'll believe that anyone a bull run could happen again, in short, we are biased with our prediction. it takes confidence to make a decision. At a time like this, a big correction is happening, and I think we can start buying, so we have to prepare a strategy. won't know how long the market will be back in a bull run, but at least we already have assets in it for a better future depan With the current coin price falling, of course this is our chance to buy some coins, but we don't just buy coins because this could actually make us lose money, doing research before buying is important because that way we can get information |
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In my opinion I think it's better to hodl and take profit at the right time and wait for the dip to buy back more quantities and wait for more profit. This way you earn more profits. What do you feel is best to do when holding a coin, please share your opinions!
It all depends on our strategy because some of us prefer to just hold until they reach their target price while others are taking profit in the process. Its really wise to take profit at times to enjoy some of our earnings but just like I said we have our own strategy that we think is effective and profitable. But one thing is for sure, if you became greedy you might missed the chance to earn for thinking that its not time yet even the price is already decent to sell. It's true that everyone has their own strategy to make a profit and of course there's nothing wrong with that, as long as the strategy can make a profit why not use it, When holding back, we really need to be patient and control our emotions because if we don't, we have the potential to lose money |
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I more than 5 years in trading activity and I got alot of experienced, during this year I been make alot of profit but also loss alot of money. From here i keep learning from my mistake, only trading that I can do now to earn money cause of pandemic which really difficult to looking for others job. I think the most importand in trading is money management, risk diversification and dont be greedy. I hope I can make my purpose in trading, that is trading for living.
In my opinion, greed is the most difficult to control. Many people are overconfident, so they actually lose money. things like this usually happen when we succeed in several transactions so that we feel right, and finally mistakes in trading often repeat like that. Until now I'm still learning to control my emotions and discipline to personal analysis Controlling ourselves is not easy, especially when we feel that what we decide is right, it can certainly make us experience losses and mistakes in trading we should be able to use as learning material so that in the future we don't repeat the same mistakes, that's good and I myself also do the same thing as you with us continuing to learn it will make it easier for us to control emotions and be able to control ourselves |
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You should learn about the same and you must invest in the market with small amount to develop the skill.
Learning with a small amount should be the starters activity so that they will have the idea how hard it is to make money in trading. And as they learn with that little amount, they will also understand why risk management is very important. And when they have learned about risk management, they will now change their minds that earning and trading throguh crypto requires patience and time. we must understand how difficult it is to make a profit, so that we can appreciate the risks that must be borne in every transaction. that way we can regulate psychology when we use large capital and can appreciate our capital. many traders fail because they are complacent only to be oriented to big profits in a short time I think at times like these when the market is not looking strong that many people start appreciating how hard it is to make profit. Risks are everywhere while chances to make gains are not so common. Because the market can be so competitive and volatile managing risk is crucial to retain any profit or else you'll fall over the line of despair. Yes, if you look at the current conditions, the risk of losing profits is certainly quite large, so we need to be careful and at least be able to manage the existing risks, despite the fact that not everyone can do that because it's not as easy as we think |
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In most cases, the coins that actually have fundamental use and are widely adopted will end up earning in the long run, whereas shitcoins are likely not to recover from the current downtrend. However, sometimes the value associated with a coin can be very perceptional and hence when you invest in a coin, see the perceptional value it holds in the eyes of the investors.
That's why I myself don't recommend investing in shitcoins, especially with the current condition which is undergoing a major correction, of course, the price will decline, what is clear is shitcoin is not the right choice if you want to invest there are still promising altcoins |
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it's hard to say but it's true that money is the root of all evil, not only for the poor, even the rich can become evil if controlled by money. there are also many poor people who live happily without having to have everything by enjoying their social life that seems not far from the people around them, while rich people with their siblings can forget if they are controlled by money.
Money is not always the root of all evil because for me money is like a double edged knife, if we use it for useful things such as buying necessities and others, of course it is a positive thing and vice versa too, so I guess it depends on how we use the money |
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there are a lot of altcoins to buy now, but don't be in a hurry, because the price of Bitcoin is still showing indications of going back down,
you must already know that the altcoin season hasn't come yet, and of course it will come where everyone forgets about being bullish,
so buy altcoins , such as XLM, XRP, ETH and ADA.
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when Bitcoin crashes, I'm not sure coin memes like Safemoon will survive the rigors of a price drop. will obviously have a significant impact. or even have a very cheap price that exceeds the current.
we can't predict how many meme coin like Safemoon will be in the future when all coin memes like this have to withstand the ferocity of the market.
When it comes to coin memes and even more so at this time of declining market conditions, it is certainly very influential, I'm not sure they can last very long if they look at the current conditions, but we don't know what will happen in the future so just watch the progress |
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there are very many Altcoins that can be bought for now, because the average price of the crypto market is falling, but if you want to buy coins with low risk, then my advice is to buy top 100 market coins
Yes, if you look at the current market conditions, it can be said that this is the right time to buy some coins, for the top 100 coins I think it's still risky and maybe my advice is better to choose between the top 20 or 10 coins, even so before buying coins we need to do our own research |
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As a result of Covid -19, in payment preferences, Many companies and authorities around the world are increasingly looking at digital currencies as an alternative way to make transactions in digitalized world. So guys what do you think about ? How will be easy the day today life after adopting for digital currencies?
in my country have implemented a lot of online payments, it's just not the crypto field. This makes it very easy for people to transact without having to spend cash. Although there may still be many people who are still new to online payments, first the previous parents were less knowledgeable about technology and the internet. I hope that in the future there will be bitcoin or crypto that can be paid in various stores. With the development of the times, online payments are now easy to find and almost all of them have implemented an online payment system. of course that is a good thing and does not rule out the possibility that in the future bitcoin will get permission as a legal payment, we don't know anything but it's actually kind of hard to see that happen |
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this is not bad time for altcoins, but bad time for stable coins, I feel sad for people who are afraid to buy altcoins now,
because fear makes you delay profits a lot in the future, don't save your money in stable coins, save in altcoins now,
choose good altcoin in the top 100 or top 200 coinmarketcap and you will be safe.
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bear market is the most feared situation by traders and investors, I myself am also afraid that if this happens so fast,
I will choose to sell all my assets and buy stable coins, because this is the only option that is good if bears come.
so there is no good altcoin for you to hold in a bear market, because for me it is very risky,
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How would you define what is to be "rich"? Is it about having enough for living or is there something else that you would be looking to accomplish to be rich?
Is it 1 million USD? Is it 1000 bitcoin? what are your thoughts?
every people will have own thought about it, it can be having many bitcoin or money to fill their wish while they just sit down do nothing. there are people think, that not 'rich' what people want, but how to fill their daily need. not only one day, but everyday. It's true that basically everyone has their own definition of rich. so I don't think we need to argue about that and it's just a waste of time, and in my opinion, being rich is when we can meet our daily needs and have savings |
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It was helpless to talk to people when there is no sense of interest, yeah, it is just a waste of time and effort. many were still ignorant about crypto, they usually think about scams, altcoins are shit, I will just lose my money. It is all about negativity. We can do nothing about this kind of mindset.
Instead of spending time talking to people, it is much better to spend time improving our knowledge and skill. And as well know that crypto investment is not for everyone, and not force them either if they don't.
Totally agree with what you are saying, because time is always valuable to waste on people whose thoughts are still very negative without exploring them first, in my environment there are also so many people who think negatively about cryptocurrencies so I always ignore them without teaching them anything, including not inviting him in all things. However, in everything there are positive and negative sides, including cryptocurrencies. it also depends on how we view things so if we only focus on the negatives, of course it's very unfortunate, What is clear is that I don't understand what makes them think negatively about cryptocurrencies |
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don't look crazy just for meme coin, SHIBA INU will never go to $1, even if you believe it will never happen!,
I understand why all holders are optimistic, yes I know!, because DOGE isn't it?, DOGE and SHIBA are very different ,
there is no chance to repeat a second time, so keep that in mind.
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I also don't believe the market can recover in the near future and seeing the current conditions is quite difficult it seems,
the most important thing at this time we remain patient in waiting for it,
That's right it's possible that other coins will also go up in price and that kind of view is really nice
Yes, indeed there is no other way than to wait and be patient with the current market conditions because the price declines on many Altcoins continue to occur day after day without any signs of pumping. That's right and with conditions like now maybe we can only hope the market can recover soon, everyone must be hoping for the same thing even though it's quite difficult to see it in the near future the future is still running, and the pandemic does make everything look difficult, even though in the beginning of 2021 everything looks good and easy, but in Q2 2021 it is very difficult to be strong, yes I bought XRP at a high price in $1,2, and I am really a little dizzy to see price keeps falling |
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I find it easy to hold any altcoin for 5 or more years. My wallet still has some airdropped altcrap and I've been holding them for 2-3 years already.
I dont know why people find it hard or impossible to hold for a long period. Probably because they cant set a goal and follow it. Their mind if weak and is leaded with greed.
This is what I think, just holding without having a profit goal is the same as throwing away money that is clearly already in sight. Holding too long will only apply to top tier coins that are proven to really have long-term products, but we also have to know that if we are already profitable, why are we still waiting so long? Before holding on for a long time, make sure first whether our coins are suitable or not, because it is such an important thing that when we hold on for a long time we will not be in vain in doing it, what is clear is that we have to really understand everything so that we can make the right decisions |
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mistakes in trading are commonplace, and can be a lesson for a person himself, if he can accept it,
if not then mistakes are mistakes and indeed not a joke, there is nothing more than that,
mistakes always have a source, and the source we must admit, is it from ourselves, or does it come from other people?
everyone can make this mistake, even an expert with years experience . taking lesson from this mistake will lead us to be better, no more same mistake in future and our knowledge will growth alot. usually they make this mistake due their own , and common reason is uncontrolled emotion. Very true and obviously everyone has made mistakes and that for me is something natural, with the mistakes we make, of course we can learn from these mistakes, so that in the future we will understand and not repeat the mistake |
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EOS, VET, ZEC, DASH, NANO, XTZ are old coins that are still valuable, the projects are still alive, if you want to invest on them that's fine, because they are very clear projects
these six coins are really old coins, and of course your choice is right to choose all of these coins, but unfortunately you didn't include Ethereum in the list, for me the old coins are still good apart from the six that are on Ethereum, because the Ethereum project it still has a lot of ecosystems in it and is very worthy of investment |
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