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trading using instinct, I think it's the same as gambling. this is said to be lucky, while the luck will not come every time. Therefore, we divide them into strategies which include technical analysis, money management, and psychological trading, by mastering these three, I think we will be able to survive in the trading world. usually psychology is the most decisive for the success of a trade
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A number of sports stars were also interested in Crypto lately, such as Tennis Star Naomi Osaka openly interested in Dogecoin. The famous soccer player, Lionel Messi also received a part of his salary in the form of Crypto, namely the PSG Fansclub token. Previously, the NFL star Russel Okung also chose to receive half his salary at Bitcoin.
What do you think ?
The news about several sports stars receiving part of their salary in crypto has actually been heard for a long time and of course it cannot be separated from the club's strategic management as it is currently being reported to the figure of Lionel Messi at his new club, PSG. PSG has tokens, I can assume that if Lionel Messi receives part of his salary in crypto, it will have an impact on increasing the demand for PSG tokens in the market. PSG are now a rich football club, and they certainly do transfers every routine, such as the salaries of the players, which because they are star-studded so they have a large salary, and for effectiveness, of course with crypto it will be more effective to do everything, especially if they have the token itself. if it hasn't been done yet, I don't think they will use it soon |
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My choice is Matic. Because many projects are launched in this network and the more projects use this network, the more its popularity will increase. As a result, the price of this coin is likely to increase in the future. Matic has its own blockchain. And the fees of this blockchain are much lower. So it is now one of the favorite list of users.
polygon matic is currently experiencing an increase, indeed there are many new projects that trust this network, and the result will certainly be more and more people who need matic, so the more demand for matic, it will naturally increase the price of the matic, and currently matic still has affordable price, so it is possible to develop further |
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I am not the one making profit with my crypto trading but going with the hype is much more rewarding in my experience. Buy on a rising market and sell and watch on a falling one.
You buy and sale and keep buying and selling on a bull market while you stop loss and get out in a bear one. The only thing wrong with buying on dip is you never know how much time it would require it to go high or how low it's going to go.
therefore we must know the support area as a foothold when the market is experiencing a decline. from the support area we can make a purchase, and when the price declines again and penetrates the support limit, then don't hesitate to make a cut loss, and we wait for the next support area to buy. different from investment, where we divide the capital to make purchases at several supports that we specify |
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Firstly, thank you for the guide. I am still learning what bounties are.
My only question is, this seems like a lot of work, maintaining all of these social media accounts and in the end I wonder if this all is worth it?
How much can one expect to earn doing these bounties in a month? Is it possible to calculate this for sure or does one just keeps entering them in hope of making something?
It is up to a project and maybe fortune as some people can get more than 1000$ from one project and some people don't get anything. Participating in Bounties is a really hard work as you are to find this bounty first, then apply for it and work, and then of course follow it and know all latest news. So before joining bounties you should investigate this project to decide if it is worthy or not. indeed to follow the bounty on a project, we don't know what will happen later on the project, sometimes the luck factor is also a determinant. so far to participate in a bounty campaign the first thing I see is the manager's bounty, if it has a good reputation, then there is a high probability that the project has the opportunity as expected. for the results we will get, I think the current conditions are different from 2017, where we can often get more than $ 1k in one project |
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Current number of post (Including this one): 1380
BTC address (segwit bech32): bc1qanvtxaufd79jn3w6sh37ajaym3vpggdnhr52qa
Merit earned in the last 120 days: -
Note: I will change my signature if I am accepted into the campaign
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I personally believe that Doge will still exist even if Elon Musk leaves it, Doge is not a newborn altcoin in this market because what I know has been around for a long time.
I personally believe there will be more people like Elon Musk who will spark the spark for Doge in the future.
Dogecoin was up and running for quite a long time before Elon Musk invested in Dogecoin. however, quite a lot of people are interested in dogecoin, even I own the coin although not so much. So, when Elon Musk intends to leave Dogecoin, the worst situation I can imagine is a panic sell that occurs for Dogecoin holders and a low price. after all elon musk still has a lot of followers, so they will follow what will be musk's move. If Elon leaves Doge, it's true that there will likely be a lot of followers who panic sell, so that it is bad for the development of Doge, but I think Doge can still survive, because this coin has existed long before Elon came. |
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Actually, crypto market is so volatile that every news can change the price very significantly. But I don't think that only chinese government is guilty for this fall. To my mind, the market was just overheated, so it is a regular correction. Moreover, there are shocks on other markets as well (stock market). It is caused by difficult economic situation around the world.
I believe what you said did have a big impact on the crypto market which is currently falling. but the moment will surely rise again. we will see the market will grow in the future. After mining was banned now China banned crypto transactions. the impact is quite large and indeed can change market trends quite quickly. something like this happened not only once, because previously China also gave negative statements, and every time they released news the market immediately fell in price, but indeed not long after that the market rose again and the effect was only temporary. so we have to be able to deal with it, so we don't regret it later |
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It's quite sure that Q4 will bulish and we may see the new ath of most of the coin. So every dip is a chance to fill your bags with discount. Whale will try to shake out the paper hand from the market. I am taking this opportunity to buy and hope my research is accurate.
Habits that occur in the cryptocurrency market will indeed increase by the end of the year, and it has happened several times. so this custom is widely believed by many people. Therefore, with the decline that occurs we can buy it periodically so that if there is another decline we still have the capital to buy it back |
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It is good that DeFi is being used in new areas that already have many users and are popular. This will more popularize cryptocurrencies and attract many new users to the DeFi market.
But there are also a lot of defi projects that are not really targeting what it use to be. Everyone has to be careful with those defi projects and if they just want to earn passively, you can choose to have staking coins and just do it on your own without depositing it to any platform. indeed we have to be selective in choosing coins for staking, otherwise we will be in vain waiting, when the tokens increase, but the price drops, so it actually results in losses. on the other hand for me it is better to invest and put coins in our own wallets, because for the long term the security is entirely in our hands |
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Seek for more crypto knowledge before investing in new projects, it's not always that easy to choose, as a newbie it's better to stick with old top altcoins on coinmarketcap, why? Because many newbie are in rush to make fast returns, if you are this type pls go for better top coins, 90% of new coins aren't serious at all, they are here to steal money from investors and give fake promises in return
Newbies are safer with top altcoins until they start learning how to choose wisely, do better diggings on new project to avoid scams
Cov-19 have been used to scam many newbies and even Corona virus coins are built too which have no real use cases
Play safe and be willing to learn
I totally agree with you that it is better for newbies to make do with mainstream currencies, as they don’t have sufficient experience in investigating projects, but of course while investing in some fundamental currencies, don’t stop there and learn this market, as risky altcoins can yield you much higher profit than just holding of Bitcoin and Ehtereum. indeed for the safest to invest or trade is the main cryptocurrency, especially for beginners who are still learning to analyze projects. it will be high risk when investing in new altcoins, according to the analysis, because the opposite can happen in reality. but for learning I also suggest using a little capital to invest in altcoins that are in accordance with our analysis but using a small amount of capital |
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Not really. Good things stay up like Bitcoin, Ethereum, etc. Not a financial advice.
Its do a bit correction too, but the ones with real value will keep growing in the bigger picture  (larger timeframe) Long term is the key but to think off that not all would really be having the same target or goals or does have the patience on waiting up that very long and this is why there are people which are really very mindful about short term gains or profits. What goes up must come down which is normal concept because this cant be called a market if we do just seeing one path or way on where it do takes and we know that it is composed of sellers and buyers then its just normal to have those volatile prices. Profitability will always vary on how someone is good on playing with the waves and make himself sustainable at least. sellers and buyers take turns making transactions when prices go up, there will be many buyers who take transactions, and vice versa, and therefore it is normal for waves to occur, when the number of buyers and sellers are far apart, the fluctuations will be even greater, and from there we can see people who smile and cry |
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Because they feel there is an opportunity to be exploited when there is a big fomo in the market, that's how it has been for a long time, of course all of that is done for short gains, even though most of them will suffer losses.
those who suffer losses are usually those who are greedy wanting to get even bigger profits, without them realizing that the market can experience a dump at any time, so many experience disappointment in the end. therefore it would be better if we are disciplined towards the initial goal to take short-term profits when fomo occurs |
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Hello. All. Now the BTC Crash approx 10 - 15 % while alts also dip approx 10% I mean the whole market feel Bloodbath Today. Is it a good time to buy Alts? or wait for sometime?
Buy now. That is what most of us will say too. Buy now because the market is dipping down and many are panicking and they are selling their holdings. The question is do you have spare money to use for buying the dip? Another one is are you ready if the market moves downward even more? Your decision will base on your answers to that 2 questions. As for me, I have used my spare money to buy some Bitcoins and Ethereum for short term profits. Those who are brave enough to buy the dip are the ones who will be happy but at the same time, there is still a risk of losing since there is a chance that it might go down even more. a wise decision where to use some capital to buy coins at this time because there is a decline, on the other hand no one knows what will happen after this, there could be a decline like 2018 happening again, and are we ready for all of those scenarios. the main thing is to prepare psychologically so as not to panic sell, and prepare a strategy that is comfortable with us |
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Like the title says, when do you see the true bear market that we saw that happened in 2018 with every alt crashing insane amount?
if there is a decline to penetrate the nearest support and there is a false increase which is followed by a decline again until it breaks through the next support. I think the waves will work that way, so what we can do is either trade short term to take advantage of the price bounce and make a little profit, or we hold on until the bullrun happens again |
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I don't know for sure the most performing coin of the previous week cause this week is just starting but I'll mention some coins I've been following up that made huge increase and returns for traders. These are CIFI, increased up to 70 USD, ATOM; while other coins are going deep it added 2 dollar to make 32 USD, NEAR was in the resistance of $8 but broke to $10 and we're currently experiencing some correction of price but all the same the project has strong potential.
many people are enthusiastic about cifi, where this coin has a low supply, so it is possible that the price will skyrocket, along with its development. although currently the price is down to $41, but I think if bitcoin goes up again, I don't think it will be difficult for cifi to reach the price of $70. especially when a trendline is drawn, currently cifi is already at support |
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Ethereum is # 2 leading crypto currency on coinmarketcap and in my opinion has the strongest use case in crypto space so achieving 5K price is not a big milestone for Ethereum to achieve but I think it will only happen when Bitcoin breaks 50K and stays above it for one week then the whole Alts market can go Bullish and Ethereum will be the first one to get price hike.
Ethereum will reach above $5k if bitcoin price break it's previous ATH. But I don't think it will happen in this month. Although anything may happen, but the price of ETH still in the same range as it was at the start of this month. Ethereum price movement was showing some good sign to reach at new ATH but it has fallen down again. Most probably the $5k mark will be achieved by ETH on next month. Just like what you said, it's still unsure that ETH may reach $5K after this month, Bitcoin still influencing entire market and with that, it's important to see Bitcoin to rally up first before we expect any coin to jump high. The chance of seeing ETH hitting $5K maybe more possible before this year ends. Once we see more good news and more investors to start moving their money into this market, expect that ETH is one of those that will move first alongside with Bitcoin. by looking at the developments this month, ethereum seems to be still in the consolidation area, so because there is no news to support I think until the end of this month eth has not been able to reach $5K, but don't worry for investors who believe in eth, of course later that target will be achieved , although we don't know when it happened |
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Tether is fiiiine. Stop the Fudding. They audited themselves and declared that they have the backing for every dollar in their $68b portfolio. Why make it a big deal now? Haven't you learned anything yet? Tether is as solid as a rock. It will not go down.  I wouldn't get my hopes high yet. After all, Tether is a centralized stablecoin subject to manipulation, fraud, and corruption. It's like "Banking 2.0" if you ask me. There will always be the risk of loss, due to the way Tether was designed. What's stopping the issuer from running away with the money or closing up shop? Or what's stopping the government from taking down Tether in its entirety? For what I know, nothing lasts forever. You're better off cashing out your crypto to Fiat than exchanging it to a centralized stablecoin like Tether. The risks are simply too high to bear. Expect many USDT holders to go "rekt" if something bad happens in the future. With or without Tether, crypto will be here to stay thanks to its decentralized and censorship-resistant nature. Just my thoughts I have hesitations with tether when they admitted last 2019 that they were not fully backed with USD assets. It is good that up until now, after 5 years the OP posted this thread, tether is still standing up. But I won't suggest to hold this for long term because one mistake from the Tether team or major hacking and we may see this crumbling. Just keep your funds safe and as much as possible diversify your portfolio. We can't trust them to fully respect their promises. there are cases that make bitcoiners doubt about tether. but until now tether still has high confidence, has a large market capitalization and is still at the top of coinmarketcap. therefore if you see the tether function only as a temporary shelter, especially for a trader, then we can do many ways to secure our funds, especially now that there are several stable coins that can be used |
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if we know when to enter the market and when to leave the market, then we will be successful in trading, but the problem is not that simple, there are other related things, such as psychological and technical analysis. when we are required to wait for the analysis orders that we have made, sometimes we can't wait to end the trade, even though the target has not been achieved.
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