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If we want to see Altcoins, the easiest thing is to look at the price of Bitcoin, it must be admitted that the effect of bitcoin is too strong so that it can affect the market, if the price of dropping then Altcoins will follow and vice versa.
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There is no doubt that with Buy and Hold Ethereum is the best option if we want profit, coins that continue to be king and have the greatest potential to immediately defeat Bitcoin so that I never hesitate and worry when I want to buy Ethereum. And all experts agree that the current ETH price is cheap so it is worthy for buy.
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All things can happen, Shiba has a strong community even though many people say that meme coins are worthless coins but the facts in the market that users like to store coins, if you look at the current market and prices of Shiba are certainly very difficult to reach $ 0.1, The price requires Kill 4 Zero.
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The price of bitcoin will go up and down and this is normal, it becomes a good opportunity if we make bitcoin for daily trading, many people can profit up to thousands of dollars in a week or even less because of trading in binance or other exchanges. But if we focus long -term then buying and hold is also a good choice.
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After we entered September or 9 months and the price of Bitcoin was only 1/3 of ATH that had happened, I thought the price of Bitcoin would be difficult to rise, as happened in 2021, even I was very grateful if the price of Bitcoin returned to $ 30k because it would be Many Altcoins will follow the positive trends of Bitcoin.
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Today there is another correction so that Bitcoin drops again under $ 20K, the bear market has not yet been completed even many experts believe that when the price is below $ 20k it will be difficult to rise, maybe tomorrow or the day after tomorrow there will be an increase again but the market will be bear again and things This is what makes us have to sell immediately when it is 10%profit.
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The current Bitcoin price is around $ 19900 and to get 1 BTC then I have to work from 2.5 years, only the Pope can buy 1 BTC, it might look very expensive so that makes many people regret not buying Bitcoin when the price is cheap, maybe we can't immediately buy 1 BTC but whatever we can invest in bitcoin.
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Bitcoin until now is very fluctuating, prices like roller coaster are used by many people to find profits, as long as they have capital strength, it is easy to make $ 1 million to $ 3 million in a month or even less, but I suggest to continue learning and know more about the concept of bitcoin So it doesn't make us confused.
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There is no doubt that Matic has a strong network, transactions are faster than ERC20, transaction costs are very cheap so it is natural that we hope more than matic, but seeing the market situation makes many potential coins that are difficult to develop.
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I think a good time to buy ethereum has come, a few days ago when the price of ethereum almost reached $2000, many people said they wanted to buy if the price could go down, now the price has dropped more than 20% and the best time to buy before the price rises.
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I think coins that have their own exchanges such as BNB, Cake, Uniswap, CRO, FTX, KCS and so on are coins that we deserve to save for the long term, only by being patient so we can get a big profit from the hold of the coin.
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Projects that are not supported by strong financial will slowly die, a large project has a clear vision, for example is Monaco Card which is now Crypto.com (CRO), many say that Monaco Card is a scam, but the team always convinces that Monaco is a big project And now it is proven.
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As investors we must be realistic, Hold Meme coins like Shiba must always be vigilant, projects that only rely on promises in the community, I suggest to always monitor Shiba, if the price of drops is more than 5% a day then the best thing is to immediately sell.
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Solana Coin and Projects that are growing rapidly, if BNB, Matic, Tron or other projects need more than 3 years to enter the top 10 ranking but Solana only needs less than a year, of course Solana is worthy of being the next eth because it has enormous potential .
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When compared to the price of ATH that had occurred in 2021, we lost about 70%, and I think negative trends every 4 years are repeated, for the Pope, of course this is an opportunity to buy at a cheap price, I suggest not to panic to see the current phenomenon, focus Buy and hold for the long term.
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Today there is a bear market again, the price of bitcoin is getting closer to dropping and returning to $ 20k, it seems that the negative 4 -year trend after rising will occur in 2022, many experts believe the price of bitcoin will not be able to touch $ 30k, maybe the price range is $ 15 K to $ 22K.
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The presence of social media makes it easier for us to find information, I know Bitcoin from Cryptocurrencies advertisements that advertise on online news sites, at that time there is an ICO offer that receives Bitcoin, Eth, and so on, and now we are easier to get correct information about Cryptocurrencies in various media.
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I have tried various tips from financial experts on YouTube and many articles, but they only said that according to what was written in the book or they got at school, the fact is that it is very difficult to manage finances and increase income in real life. I think experience about finance is more important than hearing advice from anyone.
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As investors we have to do analysis, many people think that bitcoin and cryptocurrencies are very good investments, the influence of influencers who continue to motivate to invest in cryptocurrencies has proven to be effective so that many people continue to try their luck to invest in cryptocurrencies.
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