...The hype is real and currently it looks easier to buy chia for 20$ than to mine it.
Of course, it would be easier to buy Chia for $20 than to mine it yourself. But the problem is that no one sells for $20. According to https://coinmarketcap.com/ru/currencies/chia-network/markets/ right now, anyone can buy this coin using a centralized exchange at a price of $750. Although everything is possible in the cryptocurrency market, so you should wait for the Chia dump to $20. |
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Last year, you could buy ethereum for $86 and BNB for $8, and these investments would not be inferior to investments in Dogecoin. And there are many more examples of how the price of other altcoins has increased thousands of times over the past year. Therefore, I do not see anything surprising in the fact that the price of Doge in such a bull market can reach the price of $1.
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... People are arguing altcoin season is happening anytime wben bitcoin stabilizes.
For me, the main criterion for the start of the altcoin season is the fact that the price of altcoins begins to increase not only in relation to the dollar, but also in relation to BTC. But if we look at the ETH/BTC pair, we will see that it is still very far from the maximum values of the altcoin price. |
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It's coming quick, Doge will go to $3 easily in the coming weeks, then to $7 is no problem, after that it will be BIGGER than BTC...
Pumping Dogecoin to $7.5 will be much more difficult than increasing its price to $1. And it is possible that in the long term this will happen. But even in this case, the price of Dogecoin will not exceed the capitalization of bitcoin, because the price of BTC by that time will be in the hundreds of thousands of dollars. |
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...CMC by the way is owned by Binance, so information could be a little bias, you know.
It is impossible to give an unbiased assessment of the volumes of these exchanges, judging only by the rating of Coinmarketcap. I think one of the reasons for buying CMC was to gain full control over the rating and the ability to manipulate data in favor of Binance. But I agree with the opinion that Binance is TOP-1. |
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If the transaction problem is still not resolved, how could this year be the year of Ethereum. ethereum won't pump high as long as this problem isn't resolved. I believe more that this year for BNB. The market is fully supportive of the BNB and the price of the BNB is very strong at the moment.
Of course, the problem of transactions has not yet been completely solved in the ethereum blockchain, but after the last Berlin hard fork, the cost of commissions has decreased very much, which indicates that the team is working on improvements. Therefore, this problem will not be an obstacle to further growth of the ETH price. |
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...Meanwhile, for the development of smart contracts, you can see that currently, BSC is more popular than the ethereum chain. everyone who makes the project also has their own considerations.
On what research do you claim that BSC is more popular than the ethereum blockchain? Developers interest in decentralization has never decreased. And this is exactly what distinguishes the Binance Smart Chain from the Ethereum blockchain. It is for this reason that we see the development of decentralized applications and the popularity of DEX. |
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In such a bull market, which we are currently observing, you can buy almost all altcoins that have a working product and all of them will bring their investors a good profit. TWT and SFP, which Binance is involved in developing, remain undervalued. And we know from the example of BNB how this exchange can promote its coins.
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I believe everywhere in the world like this. We are young and we are not afraid to take risks on the contrary generally middle-aged people do not like to take risks. We all know the crypto market is highly volatile so that's the reason you unable to persuade him even my dad's opinion is the same as your dad he also says I won't take risks I play safe So we can not force anyone unless someone has trust in cryptos.
The problem is that older people are used to the fact that any purchase has a physical form that you can touch with your hands. Cryptocurrency is something virtual for them, which can not have a material value. It is for this reason that they use physical gold to preserve their savings. |
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Being a trader for me is not a good thing job, in my experience I've encountered many things I earned several times, and loss as well, but unfortunately at the moment, I still survive for a couple of years since 2015. That is because of the belief I have in doing trade here in cryptocurrency, although sometimes I'm not sticking on the plans I have for it.
Well the essence of trading was incomplete if a trader only experienced winning right. Winning and lossing are the two main categories of essence when it come to trading, investment or even in the real businesses. For me it is hard to stick on your own trading strategies and techniques because the crypto market trend are keep on varrying. We should have to cope up whats the trend right but at some point there are certain trading plans and strategies that works only for you and works through time. I think that everyone has violated their trading strategies in the past, and this could be caused or influenced by strong emotions, or it was a conscious risk when the upcoming profit exceeds the possible losses. Perhaps this is the main difference between a trader and trading bots) |
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Most search engines offer an advantage in ranking results to those pages that are optimized for mobile devices. And Google is the first to make such changes to its algorithm. Accordingly, since Bitcointalk does not have a mobile version of the site, all search results will be displayed after those pages that are optimized for mobile devices.
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Based on what I noticed this bull run, the majority of the coins that have a good pump this season are those that are listed in Binance, so I come to the conclusion that we should only invest in coins that are listed in this exchange for us to have a chance to maximize our profit.
What's your take on this, am I right or wrong?
Share your opinion.
This is because you only tracked the change in the price of the coins after the listing on the Binance occurred. But before the listing, the price of many coins has already increased by thousands of percent, if they are compared with the pre-sale price. Therefore, as a rule, immediately after the listing, the price of the coin is very much reduced, because early investors begin to fixcate their profit. |
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...Thus, I created a tool https://btcnow.live that updates the Bitcoin price from Binance exchange, every second in real time... There are a large number of informers that reflect the current price of BTC, but such tools are not necessary for a trader. In front of me, the BTC chart on the Binance exchange is always open on the monitor. When I am out of the house, I always have a smartphone with the Binance app installed, which allows me not only to track price changes, but also to participate in trading. |
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Thanks for looking at my post this is the first one I love this forum and I want to know if my crypto portfolio is good or I should trade some of these coin I have...
In my opinion, you have a very large list of coins that you hold. With such a large number of coins, it is very difficult to react in a timely manner to changes in the price on the market. In addition, you need to keep a part of your crypto portfolio in stablecoins, which will allow you to make additional purchases in the event of a price decrease. |
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profit taking will involve a trader to buy low and sell high. it sounds simple but it isnt. if not properly mastered you might miss a time to sell and a time to buy back and intervals to do this buying and selling. ...
If you are late with the purchase of a coin at a low price, do not worry, because the market offers unlimited opportunities. In this case, you need to choose another coin for investment, which is currently at the bottom and has a chance to start an upward movement. And as for the sale of the coin, then you can not miss the opportunity to sell on high and for this you need to use a stop loss. |
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Yes, predicting the price of a coin is clearly very difficult and even almost as difficult as predicting market conditions, so it will be a little confused in determining a sell order, now if I personally always use a simpler way, namely by taking a profit of 15% or 20% of the price the price I bought and I also won't regret it if the increase in the price of tokens can exceed what I sold even though I have to wait for a few days for everything to be sold.
It all depends on what coin you are holding. If this is bitcoin and Ethereum, then the best solution is to move the stop after the price moves up. And if the stop loss is triggered, open the order again at a lower price. But with other altcoins, the correct solution is to sell in parts, fixing the profit. |
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...What are your thoughts?
A real competitor for existing stablecoins is not yet available on the market, but it will definitely be the digital USD, work on which has already begun. And this digital dollar will automatically gain the trust that the traditional dollar has. Of course, the digital dollar will not be the only one, other governments are also working on creating a CBDC, but the digital dollar will definitely be one of the leaders. |
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I do believe BNB can reach such rate easily consider this coin has so many usability and that makes the price of BNB sustainable. I do believe each BNB coin will be more than 2k dollar and it will have the same rate like ethereum.
Given the limitless opportunities that Binance has in the cryptocurrency market, and the fact that BNB is a centralized coin, it will not be difficult for CZ to increase the capitalization of BNB to the level of ethereum. It is quite possible that CZ vanity will be enough to overtake ETH and make BNB the second coin after bitcoin. |
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Bots if they are used correctly can help you trade conveniently because you will not be actively managing your funds since you are using a bot that automatically does the orders and stop loss, it looks easy but you have to know how to tweak so you can use the bot's full performance and to your liking.
In a bull market, all these trading bots almost always show a profit. But in the bull market, not only bots work with profit, but also beginners who have not yet gained enough knowledge about trading. The problems start when the market changes to bearish and because the bots can't trade short, they start working at a loss. |
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...Basically a service that provides serious in-depth research of different altcoin projects...
High-quality project research is expensive, so it cannot be placed in the public domain. Therefore, everything that is placed in the public domain is either of an advertising nature or made by beginners who thus try themselves in this business. Therefore, you should not trust such research, otherwise you may lose your money. |
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