2021 is going to be very tough for all the nations .The economy will “get worse before it gets better” due to coronavirus spread. Unemployment problem will rise in 2021.
2020 unemployment has also increased greatly, this has become an impact of the pandemic, we are entering a bad era, because the pandemic changes everything, everything is very difficult to do, especially about jobs, not everyone can get a job in this pandemic. We wont really able to know on what would happen into upcoming years to come or simply in future thats why as a employee you should always consider on saving up money for emergency because you wouldnt know on what would happen next thats why saving up money will really save up your ass. Dont make out those unwise spendings on things that you wouldnt need. Save and accumulate while you can because this kind of behavior did really save me in this time of pandemic even though it isnt really that big but at least i do make myself sustain.
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those who are still holding are clearly the winners !, because the price of Ethereum will reach $ 1000, it will be easy for Ethereum if the dominance of bitcoin drops, if the holder sells it for under $ 1000, I am sure it will regret it.
You cant tell because there are people who do actively make out some profits on just selling out their coins in a short span of time. Theres no need to regret if you do make profits in short time, dont need or necessarily for long term since you can benefit out if you do know on what you are doing but for those who do want to play safe then holding will be the best choice. Also, you cant be sure that ETH will be going to 1k soon, why would hold if you can make in short time?
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Could have bought it in March this year for sub $4000.
Downside risk is much greater now than it was earlier this year.
Is it the mentally challenged that are getting fleeced right now.
One of common acts of people is on where they do buy into this current price rather than into those times where everything is on red or do came from a crash. I cant blame them though because hesitance and doubts would be there, presuming or have in mind that the market might go worst even more but if we do really like to risk out then we would most like to consider on investing or accumulating while its cheap. Its too late to regret on not to enter those times but still there are lots of opportunities for you to enter.
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Is it a good idea to buy some crypto for long time investment plan from exchanges such as binance as keep it there, any alternatives ? Because i have heard bad things about some famous exchanges such coinbase.
Yes binance is trusted and good to store coins but it is not suggested or recommended by experts because there is always risk to store your coins at third party exchanges or wallets without the private keys. So what you can do is after buying from exchanges you should transfer the coins to your private wallet in this way you will be in full control of your coins and investments. Its never been ideal for you to store your coins in platforms which you dont possess the keys because once there is some hack then for sure you would really be having a hard time on recovering those coins because you dont own the keys unlike if you do store it on your wallet then you do really be having that feeling of security of those coins since you know that you do have the keys of it. unlike if you do store it on a platform on which you dont know on when it would be hacked and there no chance for recovery.
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One of the best feelings as a crypto lover and holder is to see your holdings rise and increase in price while your portfolio is swelling up. But majority of people are carried away with the joy and gladness of this market pumps and then keep waiting to take profit at the peak till it begins to dip and they sell way lower than what they should have gained. It's something that's common to almost all traders. I can say greed is part of it. How do you think this problem can be solved.?
How to be solved? -Set out profit taking plans or spots -Dont let your emotion of greed control you -Secure profits and be contended these are the traits that a trader/investors must have or else you would really be always ending up on missing the best time on selling out your portfolio.
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^ We will never know until the middle of next year. But for me, it is not a correction. We have to consider the fact that one of the greatest holidays of the year is about to come. So people would consider selling and profit with their assets first then reinvest later. So for me, we will know it once we reached the next 6 months. I have been eyeing it since it hit $23k already. I was expecting a more dramatic decrease in the value as bitcoin is very volatile. But luckily, it did not. It’s slow so there is a chance that It will still increase. Remember that once there is a correction there could be a price pump in the market.
Im presuming that we would be heading back down to 20k price or lower since we are on a holiday season which same as you said where people will be taking off their profits. Yes, there was a decrease in price but it didnt really go as bad as we presumed but we cant conclude either that was already the correction or pullback that we've been waiting. On technicals there were several spots for some buyback but it seems the price had stabilized or moving sideways once again which make it really hard to make up some decisions neither you do buy or sell to this point.
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ETH if your consider just this list of tokens. a lot of hyped defi projects lauched on this blockchain s i predict slow growing for eth. but also i'd reccomend u to consider ineteresting defi-s and dex-es projects
dex project definately will be in great demand in 2021, so i support your position. also invest my pocket into btc, eth and some of defi Not saying that DeFi is dead but the hype was never the same when it was in few months wayback but there are still some worth projects for you to invest on but not really that much of a suggestion. When you are really going after for a somewhat secured nor safe investment then go with BTC and with some top alts like ETH but you should remember that im not saying about totally safe but at least you can see that there is really some sort of big public demand which do indicates that this project can go further on future years to come.On the question if you should invest to crypto in 2020? then its nearly ending and lets continue on 2021.
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BTC Bitcoin price is now in ATH( ALL TIME HIGH). Now its price is super hype. Lots of people now should be want to trade or buy but i recommend everyone to be careful at this point. Now this is the point where anything can be possible it should be up or it should be down. That is why this is a very risky point if you are a trader you have to think very much before take a step. And i don't recommended any one to buy bitcoin at this point now its a time to price down. Just wait sometime to price down then but this is not the right time to buy. And don't buy when the price is already high. And traders try to trade in a stable point because its a too much risky point. I hope everyone understant it. If you think i am wrong then suggest me to the right point or if you thought i am right then i want all of Your appreciate. Thank you everyone
For active traders then this wont really be much of an issue since you've been dealing with price no matter what the trend is, as long it do moves then you would really make out some move or steps too for you to make money.Being careful is always been recommended because buying out or entering the market without any basis will just result into mistake.If you are a type of person who do easily panic out when you do see your port is on reds then you shouldnt be careless on entering the market.Dont let yourself get fall into Fomo, always have consideration before buying and dont expect much that you can make out guaranteed gains.
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i think it's a good strategy if you know nothing about trading )) buy and hold is actual about eth and btc (as for me). personally i try to research interesting defi projects and especially - dex-es, i think it's more profitable strategy for now
I agree. For a stand-off person buying and holding is far better than not being involved at all. Trading does require time and training and I appreciate that not many people can do that. This is why buying and holding is the better alternative Not only a better alternative but also a good decision if you dont know on how to deal up with moving prices.Its not ideal to take involvement into something which it isnt in your grasp. Risking to move forward isnt bad either because you wont learn anything if you dont try and able to experience into those actual situations that you would be facing on. Buy and hold doesnt always indicate a good decision because everything would really be depending on what or which coin you do tend to hold.
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I'm usually a holder I still coins and tokens I've got from Bounty campaign just like the two of the just recent projects I've participated in I'm still holding both of them but there are instances in the past that I dump my coins/tokens because The coin is not progressing and I want to buy coins that has more potential.
So what is or are your reason why you are dumping your coin?
I always try to hold my coins and constantly monitoring the market if this is worth to hold or not before I sell it. But if the project is promising, then I choose to hold the coins and wait to have a good profit from it. We do have our own decisions when it comes to our holdings neither we do go for long term or we do go for short term as long we do gain then its up to someone neither they decide to take profit or not. Its your money therefore you do have the full rights or control on how you would gonna do with that neither you do dump or would tend to hold.No one can stop you since we are the only ones who could able to see if we do make profits or not towards our own portfolio.Dumping your coins in profits is always been a good decision but dumping your coins just because you do panic sell then thats the worst decision that you would ever made.Primary target is to make money or profits.
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I am happy for your bold decision and it’s success. Such is bitcoin, it is financial muscle for many. Most of us depended on bitcoin long before Covid19 came and we still survived Covid19 with the help of bitcoin. I am just glad that bitcoin continues to be a blessing to many.
For those who earn crypto amidst of this pandemic is really a great help but dont remove into your mind when it comes to risk where it isnt really that much prefer on putting all of your money into crypto or even with Bitcoin.You wouldnt know on what would happen. Always consider on putting only the money that you can afford to lose. But if you do insist because youre that optimistic then its your choice.As long you do gain then that what matter most. Always take precautionary measures.
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I think Paul wont even land a clear punch. I wonder what is Floyds tactics, win as quick as possible, or entertain spectatora for few rounds. Damn I just dont understand Floyd, he has so much fights, titles, belts and money. And it is still not enough for him. If this was his passion for boxing, he would have chosen a better opponent.
This is not about boxing, the fact that he chose this opponent has made that awfully clear, then what is this about? Money and attention, Floyd strikes as the type of person that cannot be out of the spotlight for long and he wants to be the centre of attention again, and he is seeing all of these old boxers coming back to the ring and he thinks he can do better, and I think he can, but he selects an opponent that will not land a single hit on him thinking this will impress the fans even more when we all know what is happening. He doesnt care on what fans do look into his fights specially this exhibition ones because it doesnt show everything but rather on pure hype and money making situation. No matter what people do look upon him neither great or mostly become a shit fighter which do focuses mainly on making money but still its his gain not ours. Management do make out those fight arrangement and of course both parties should really agree and the next? Hyping it out to generate attention and awareness which means the more people do know the fight the high chance on stashing more bucks.
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You might be disappointed with your coin you're hoping for but expecting it to run about 1000% is pretty hard for a coin that is established. We, cryptocurrency users, know the experience of the high volatility but our expectation with value gain should be realistic.
Lucky for those who experienced mining in the early days of bitcoin, I wish I have the capabilities before to mine some.
I experienced selling too soon before the ATH in 2017 and it feels terrible to miss the rare opportunity of selling at an ATH price.
Due to unpredictability of the market and dont have the ability to know on what would happen in the future then misses like this is pretty common. This is why we cant really avoid on not to get upset when we do saw the price had clinged up and we thought to ourselves that we should have sell later on for us to make more big money in talks of profits but well whats done is done and theres no way to get back. Thing you should think is that you do make out profits and that what matter most even though its less but still considered as positive one. What you're getting on here is the truth, man. The thing is many of us sold at a time we thought it would be best for us, now a few years on we realize that we shouldn't have. I mean this is something A LOT of people do, and it requires a lot of faith not to sell out in a red market. So, don't get down by it, take it as a lesson on the chin, and learn from it We dont know the future thats why these things you would consider it as a mistake which it isnt really that be counted.We have sold into those prices on where we do believe that might be the peak and holding for long term or for many years doesnt really sound easy just like on what everybody do believes on and it is indeed do need a lot of faith and self control along the process because once you do saw the price is already high or way more than on where you do bought it then you would normally be having on mind that this might be the best time to sell out for the belief that the price might corrected later on. As part of human nature on where we do secure things up when we do see the opportunity thats why these kind of reactions are quite common.
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I consider Defi market to profoundly controlled which is the motivation behind why I never put resources into any and I will prompt individuals that as of now put resources into it to be perceptive. It says their task is in beta so why this uproar on this undertaking. I accept there is a gathering controlling the cost in the market so one should be cautious in bouncing on this one.
Just like into those days where ICO projects is flying out with colors until the market had been flooded out by shit tokens or projects and this is no different on the current market of DeFi know.Yes, it did make some significant noise and recognition but this isnt different on what we have seen on that ICO situation. For the question if i would gonna buy into this projects then i do already have the doubt but for those who do took risk on some projects when its still on early phase did really make out some serious cash when it hyped up.I cant just take to take such step specially i dont have much money to invest on.So every decision will be made will be having a corresponding analysis.
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I think the cryptocurrency will exist as long as it can be used. And given that cryptocurrency is the best and perhaps the only normal alternative to fiat money, I am sure that cryptocurrency's heyday is still ahead. We saw a halving, which evenly led to the renewal of the highest points. What's next for us?
We can relate this to gold. In the oldest times, gold has been used as money and until now it is existing as a store of value. For crypto, it's being used as both. But in the future, there could only be one use to it and that would likely be as a store of value. The market cap is increasing and it's just like we're having a start because institutions just joined. It will live as long as there's enough value that we can price in for each of the coins depends to its market cap. You cant say that because anything could really be treated up like that. On the question if Crypto will live forever? then nothing do last forever but somewhat basing of on the potential on crypto then we can presume that it would last for long time. Thing here is that you do know on what you gonna do so that you would able to benefit and be wise on taking step and actions towards your crypto investments.
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The way Bitcoin is moving forward it seems that Bitcoin will cross 25k very soon. Bitcoin transactions are increasing which is increasing the demand for Bitcoin in the crypto market. Investors are taking advantage of this and it is unlikely that Bitcoin will hit more in early 2021 if not this year. Whales cannot exert their influence on the market. Bitcoin's high value is disabling whales making it easier for traders to avoid the risk of investing in bitcoin.
10 days left to the end of the year and bitcoin still can't break the resistance of $24,5k let alone 25k. Look at the trading volume and transactions on the mempool, which indicate the price may hit the all-time high at $24,2k and won't push any higher, so we can expect it will going sideways or gradually decline. However, it may not be the reality, time will reveal the truth. We should not hope that high because we cant be sure if we would be ending up in 25k or would end up on 20k below.We know on how unpredictable the market is on where sell offs could happen since its the holiday season and there would be always a tendency for price dips and of course there would be also a price or resistance break. Who knows right? Its neither it can be achieved or not but we should still appreciate on how far this market do able to move and recover yet to remember that we are just playing around 10-12k price a few months ago and now we are here on new heights.
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I wouldn't trust such a post shared by a newbie that have just joined our forum in the last week, i'm considering this an advertisement for uniswap. Could you share the transaction id? i care to know whether it was by luck or by mistake and i would like to know if it's going to happen with someone else or is it a glitch. Anyway, i shouldn't be writing these words above, i'm just going to say Merry Christmas to you, enjoy your gift lucky boi!
Uniswap doesnt need anymore advertisement and i do feel out that OP is just trying to share out some lucky situation he had here yet he had that BASE token neither this thing is true or not then he wont lose anything if hes just shilling out something but it seems he had really earned that much. I would like to say that this one is a lucky guy yet not all would really be having this kind of chance. Btw, how he had swap or able to gain those BASE?
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There are very few projects worthwhile, many of the projects that are already on the market are created to fill the pocket of its creators with money, and then the creators abandon the project and its investors. Some of these projects are hanging dead weight on the market, the other part is done with the same purpose, but more intelligently, so you won't immediately understand that the project is essentially a dummy. Some are made just for fun, with a funny ticker, while people fall for it and invest money in such projects. There are very few really important and serious projects.
Try to look in most projects in the market today specially into those low ranking coins in CMC. Do you actually able to know about its relevance or their actual usage? You cant really spot it out and i do only recognized only top 10 on rankings which does have their own relevance or actual usage not on just mimicing or using up other projects blockchain or platform and serve would some other idea or niche. This is why its really just hard to trust to those projects.
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I don't think one should be solely focused on one area of development. A developer should expand their means all the time. Even the blockchain technology has so many applications and integration capabilities that you can't really name the career "blockchain". A senior developer should hold at least basic to medium knowledge about both backend and front-end development no matter the technologies he is leveraging.
When it comes to this area or field then it would be included into the scope of programming or in IT course or computer science when we do talk about blockchain tech but there are already courses or universities that do offer such course. https://www.coindesk.com/coindesk-u-top-universities-for-blockchainAsking out if its a good career? Basing of on how blockchain tech do progress and the jobs that are currently increasing or having such demand then i can say that this is much a better course to take.
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Absolutely lot of Withdraw fees in hitbtc exchange. But one suggest for every new users if you want Withdrawal fund in hitbtc exchange then keep convert dogecoin then make a transaction in binance exchange. Because have low fees in binance exchange. Actually this idea i have process many time when i gonna Withdraw fund in hitbtc exchange.
Same here, you don't need to withdraw bitcoin because there are alternative coins that you can use to minimize your fees. Doge, you won't feel the fee, it's almost free but you will have to exert more effort and time if you choose to keep bitcoin as you'll have to exchange it to other exchanges where bitcoin withdrawal fee is cheaper if you want to keep bitcoin in the end. For those who have local exchange where they can exchange a coin to fiat, I hope your local exchange adds dogecoin so everything is easy for you. That would be a big convenience if you do have a local wallet which do really have that DOGE being listed yet it would really solve out the hassle not only limited to DOGE but you can make use of XRP yet fees isnt really that high too and same goes with tron which it is available into my local wallet so having these high fees wont really be that a problem much because you can anytime switch up if you arent willing to pay up some 3-4 bucks or more in terms of fees. It is just what important that you do deal with a legit exchange.
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