Hello people,
I have a lot of DOGE and I am thinking about changing it to BTC or should I wait. I mean does anyone have any predictions about the price. I do not want to make a mistake and sell everything and then be sorry in a few months? Thanks
Angell
At the moment,Bitcoin market is better than Dogecoin. Because Dogecoin all time best price is $0.0187 and Bitcoin all time best price is $20,089. So, in my opinion, holding Dogecoin is prefer than Bitcoin. It may be you are right but I don't think so cause it is not all about the price but the profits gains we are wanted to see. Does DOGE give more than enough than of BTC can do? Bitcoin still a winning piece in crypto and that is why many investors are risking their money cause they'll know that this coin is reliable and can be trusted. DOGE still following Bitcoin and that's what we think Bitcoin is much better than DOGE. It will be better to divert our DOGE to bitcoin and surely we will get something ROI.
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Binance is still being hyped by now. Even with all those mistakes that they have made and a lot of negative feedbacks they are still in the number 1 spot. You could call this already a hype. Just talking about it increases its dominance again.
Utility tokens. Yes, I think there is not much usage for them now. BNB though makes it cheaper to trade in Binance so I would also pick to use it rather than being charged with Bitcoin or other coins.
Maybe you know that Token can be killed at any time or become Token of top 100 CMC. Traders and whales determine the value of a token. When any whale makes a decision, it can turn the Token into garbage or gold. Everything is getting better when listed on BNB. If it has a working product already, it will be not like that and of course, it will survive from the market crisis. Well, it likely to see that most tokens don't have a good market value nor investors appreciate it. Though we think that its creation serves its purpose but not actually we feel it besides, many investors suffer big losses because they trust this thing. BNB did an impressive market growth because investors see assurance with this coin and exactly they never fail of what they are expecting to happen. Binance market support is in place and ain't no wonder that they will have a good reputation.
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Considering how ETH began to grow, it may make sense to transfer part of the BTC to it, but it is not known whether the price of ETH will continue to rise or has stopped. I think part of the BTC can be exchanged for ETH, but not a large part, so as not to lose profit in case the BTC price breaks ahead.
If you feel doubts on your next step, I'd rather have to stop it before you face regrets. Yes, it is quite tempting to see how ETH takes a move by now but the question if it will stay for long or just a week and it dumps after. We're the risk is too high if we are planning to chase ETH after BTC. We have already in the right position and we are in good actually, never leave it.
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Recently ETH started an uptrend in price. Many argue that it's because of ETH 2.0 approaching whereby the consensus algorithm will be upgraded to POS(Proof of Stake) which is cool. BTC will move up hugely everything being equal come next year before the halving. TA is cool but market emotions will decide finally. Fingers crossed, we hope for the best.
That's all about. Though we have a good TA, high market speculations but still not be in a 100% sure that it will turn like that. Cause if that will happen, no wonder that we all been flying high and no dumps will happen. But that it is the reality, nobody knows exactly what will happen next. If there will be a Bitcoin ATH again, it for sure everyone will rise. But we are just only hoping for the best cause that's all we can do for now. We can't push the market either and our continuous support it will be meant to be a big help.
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I actually appreciate how much Bitcoin keeps moving despite the big challenge and struggles, and this it comes into possible because we give our support and we believe that Bitcoin can do better than of fiat. With this public exposure, not only it helps to promote its name and get popular but this is the way to enlighten the minds of the people out there who keep saying nega about crypto.
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Well surely fear have a huge play for every dump we all know that there are some people who couldn't control their emotions when it comes to trading. And most of the time their fear would eat them up and this could be the reason of almost every dump, I mean who doesn't want to secure their money if they think that it would be in a risky spot?
We live that fear even before and we can't bring it out from us. It is a normal feeling especially when you're not confident with the market. This how it feels when I'd start in crypto, all the fears and worries will waking you up when you hear bad news. But that's all about before, we are in the maturity which we know exactly how crypto works and not just fear could help us to become profitable instead, we must have to conquer such feelings. How it feels bad when we all are in fear and everyone gets in panic. Basically, it will give a huge impact on the market price and obviously it dragging down the price deeply. I'd think this is all controllable and I know we don't want to see the market going down. The future of crypto is likely depending on us. We would like to see bull run but somehow some of us are holding it up because of their fear and doubts. They only make their self as a hindrance of their success instead, we keep positive and never let been controlled by our emotions.
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snipped...
personally, I will not change the bitcoin that I have in the form of ETH. besides that, I also see the potential of bitcoin which is quite promising next year. however, I also haven't changed my ETH to bitcoin. I prefer to hold both with the same value. I'm pretty sure these two coins will pump in the future, it's just quite difficult which coins will have a higher increase. so just in case, having both is the best thing I can do for now. That be good to you mate and you are actually right. I don't see any reason why we push ourself to convert our BTC into ETH, it is only putting at risk. In fact, we are gaining actually in Bitcoin and I don't think that we should have to look for another which we saw that ETH is not good in the position right now. We don't have problems with bitcoin, only altcoins struggle such difficulties which we could think that ETH isn't much profitable this time. Though we think that ETH will rise up next year but not actually we have that assurance.
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I do trading on my own and manually, when I have some liquidity in my economic status I can afford to leave some money for the trade, sometimes I trade in Bitmex which I operate whenever I see opportunity in the settlements that the Exchange does , from there I make decisions, since most are operated by bots. And I usually trade when in my analysis I have several confirmations about which is the line of least resistance and there I enter.
Bots have some advantage as it helps to decide their own but of course, It feels better when we do trading manually and we can apply our strategies as well as TA's. But even with a hectic schedule of my job but I can manage to do trading in a while without using bots. But it sometimes I've realize that it could be me more profitable and less stress if I have this thing. I hope it looks good and everything will be fine.
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I initially thought the Ieo trend will not last till the end of this year, I felt initially that after a few wrongs, the trend would turn sore and that would be the end. But to my greatest surprise, even by this time of the year, the most successful projects this year came from top ieos. I am now 100% sure we will see the rest of 2019 with Ieo sales, and I am cool by it. I don't know how long the trend will continue though
It could continue longer as no crowd sale platform that are better than the IEO being launch in the market yet. With IEO, people feel safer, because they will mostly invest in big exchanges only like Binance. I find this good thread that summarize the profitable projects in IEO in different exchanges, and I like what I saw. you can also check this out below : [Overview] Exchanges, IEOs and their ROIs
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Right, they still have Been and Curry combination and then some players that can really make a break out performance for them this year. We will definitely see the old Curry since KD is gone and carry the team again. They may have lost Iggy or the likes of Livingston, but they are still a team to reckon this season.
It's a Curry and Thompson combination, expect that both of them will average at least 20 points PPG in the coming season. Thompson is well motivated now as he got a max contract for the team and I'm pretty sure that their consistent 3 point shooting will help them win more games again. They were the splash brothers who gave success to the team even before Durant, so I think people have to remember that. Thompson is still in a rehabilitation mode from his injury, and if he will play he will most likely not in a 100% conditioned. I think that GSW will not make it to the finals this season since they are undermanned and without Durant, this team will be beatable. Thompson will be able to play in the playoffs, so they have a chance to be in the finals again. We've seen him injured many times and it does not affect his playing capability, the fact that the Warriors gave him a maximum contract, they know that Thompson will be able to recover easily and will be back healthy to bring the team into the Finals again. Admit it, if Thompson was not injured last NBA finals, they have a good chance to win even without Durant..
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Most likely people will choose ETH because we see it much profitable than of Litecoin. It has to say that Ethereum has a sustainable market which everyone looks a chance that it might be able to soar high again once the market is fully recovering. Considering that fact that ETH still in the lead among altcoins, we must be going to trust it at all cost. With the current price trend, we don't have a big assurance that ETH will give what the people expecting to happen with and not that it gives a high percentage profit than of Bitcoin can do.
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Most likely there is a reason why they devs or project owners give it not just to deceive people but it also a complement for gamblers. But we need to be careful for this cause not all of them who are offering bonuses will have a good intention. However, it is in our part to evaluate their project either a thing to believe or a way to fool people which it mostly happens at this time.
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Being expert and skilled traders will not guarantee you to become successful in trading as sometimes it would have to be associated with luck specially in this unhealthy market. You could try your luck as day trader if the market become healthy again so i suggest to wait for the market until it become stable.
We can't just rely on luck in trading instead, we must have to apply all our learnings and strategies that we've been gathered before. I feel normal to make some losses but how it makes us learn something is a great full day to have. No top traders succeed without suffering such losses, not to think just one but of many(possible) time before they reach from where they are today.
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This is what it thinks and most common mistakes that I've encounter.
1. Wrong choose of coin 2. High expectation 3. Uncontrollable emotion
I experience losses because of these things and taking me down badly. Having that bad experience gives me a lesson to learn and it helps me to build good market speculation.
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Due to lack of proof of work and product they're all dying off. New cryptocurrency projects have nothing new to add to the space they're irrelevant to us.
They don't and they don't have because their projects seem to be helpless and useless. How they could attract investors if they couldn't see any potentiality that could give them returns. They are off into them cause the developers never been taking care of them but jus of a selfish action to show. With the numbers of the project today IEO and ICO, I really impressed if 20% (at least) of them will succeed.
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if that's the problem or it's a question really people who are in this bitcoin forum will be confused to choose the right answer to rely on as being appropriate to prioritize themselves.
why be confused? Doesn't the price cycle of Altcoin depend on the price of Bitcoin? Indeed it can't be mentioned like that but there are still things that look like that. If we closely check and observe the market movement, we could see that prices seem to be dependent on Bitcoin flows. What it happens now is that people are looking for another bull run to make use of their altcoins and gain some profit of it but it looks so hard and still in the edge of a long wait. Well, it hopes that people could wait and extend their patience.
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Hello people,
I have a lot of DOGE and I am thinking about changing it to BTC or should I wait. I mean does anyone have any predictions about the price. I do not want to make a mistake and sell everything and then be sorry in a few months? Thanks
Angell
If in the past when you bought DOGE at a cheap time, it would not wrong if you sell it now to BTC. Because I think DOGE coins are not suitable for us to make as an long-term investment. The most important is you've got something from DOGE. In every decision we made, we have to think it many times and not just think of today but for the incoming. We know DOGE don't have a good price today, not even we saw it moving up but just it only sleeping dead. It is the best option to convert it into other coins, not just for Bitcoin alone, we look for other coins like ETH.
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HODLING is gambling because you know that in time you are going to win Look at price charts since the first block was mined, bitcoin goes in one direction overall - up. You are talking of a successful coin which is bitcoin, the crypto market is a big market with thousands of coins, therefore, when choosing the right coin, that is the part where were are gambling because we never know that what we are holding will be successful. Moreover, people hold with different target of profit, bitcoin is no doubt profitable but if we will hold it now and will focus only in btc, can we maximize our profit? that's the big question as majority of investors does not have big money to invest, we invest small and aim for big return.
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I did it a few times but most of the time, i’ll go with the majority because it is a little safer unlike when you bet in an underdog and risk you money. But sometimes going with majority becomes a little boring so it’s nice to go against them at time and it’s just amazing when a time will cone that you won because you go against the majority.
Going against the majority is not boring as most of the time you will win if you bet against the public. This is the technique I use when I bet on sports, however it's not easy, you need to carefully analyze the line because sometimes, you think you go against the public, but you are wrong. ^ Not all the time that the majority wins in sports betting, you should be careful on choosing which team and study very well their weakness compared to other opponents. Sometimes I against the majority bets and choose the team that I think they are capable to win the match. Nevertheless, technical and fundamental analyzing is a must because it is always involved risk. Most of the time majority lose in sports betting as that is normal, when majority loses, sportsbook makes more money, and the fact that they are operating profitably, that would say I'm correct. If majority wins most of the time, we will not see a growing gambling sports betting industry now, they will all be quitting their business. The famous line that most real gamblers know in sports is always bet against the majority as most of the time, they are wrong as oddsmakers knows how to read how typical gamblers react.
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In my opinion, I don't see anything bad in using the exchange site if ones are from the EU, Africa, South America etc since they already listed on the capital market, have some unique features which make them stand out but the KYC level of the exchange site which users are unable to withdraw funds unless they go through KYC is something I'm not in support.
As I believe it so, people are just confused and have doubts because it is new in the market. It sometimes we give time for them to show or to prove that they can be trusted and gives what most investors wanted to see. We never just to accused them as another scamming exchange directly, it (maybe) could give us a satisfying service that the others can't do. I hope so.
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