I think you need to be careful not only about investments but in general about everything related to cryptocurrency. Especially on the crypto markets, a lot of newcomers and just mountains of scam and phishing divorced, people come in the hope of finding new ways to earn money, and the scammers are already there.
I think this is not only for cryptocurrency, all types of investment require caution, even if there are no scammers, investors are required to be careful when investing, that's why in investing an investor is required to do research first. But indeed, investing in cryptocurrency carries a very big risk when compared to other places, especially the risk of investing in a scam project, but for beginners it's better to invest in major coins to avoid scam projects. |
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There are lots of new defi tokens in the market, even the more new tokens there are more scammers,
to be honest I don't like new tokens, especially new defi tokens, because surely Fomo will end,
and make it difficult for everything to make a profit, just stay to safe .
You don't need to worry about DeFi tokens, you can still choose DeFi tokens that have market capitalization ratings, for example UNI tokens, I'm sure UNI is a good DeFi token because UNI is a token belonging to UNISWAP, while UNISWAP is a well-known DEX like Binance, so I'm sure the price will be very high in the future. |
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This time it's different but there will still be a bear market in time. Today is different they say because there is adoption already which governments had already accepted BTC.
Which governments have accepted bitcoins? I may not be too updated about this, but if a large company is trying to enter the cryptocurrency world I believe, like Facebook which has its own coins for payment, this is a great development for cryptocurrency compared to previous years. |
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I kinda have the feel like I had back in 2017 summer but I also think we will have some corrections coming. Then you act fast and buy the dip because you will not have many chances to do so.
Correction of course will occur, because I see the market going up very high during the last few weeks, usually when the price goes up very high beyond the expectations of many people, when the price correction will also fall very deeply. Better to wait, because after this bitcoin correction and altcoin season is coming. |
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Yes, but now there are also many project teams who are able to answer all the questions of their participants sweetly, but in the end they also experience unwanted things like SCAM, from things like this sometimes everyone is confused in judging which team is right -right valid in running a project.
Just answering questions and giving promises is not the right way to determine whether a project is legit or not, at least you have to monitor its progress, legit projects every week or month have progress and also the number of communities continues to grow, the number of communities shows that many investors are starting to be interested on the project. |
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Of course we as crypto users hope that there will be stable coins so we can choose to invest, because at this time it is very difficult to see and judge which coins we can hold, even coins that already have the potential, it is very difficult for us to believe that these coins will stay at our numbers expect and we must have our own way to believe that the coin is suitable for us to invest.
Are you sure you invest in stablecoins? Stablecoins are coins whose value is fixed and does not fluctuate, such as USDT, which is equivalent to 1 USD, in my opinion stablecoins are not suitable as an investment option, if it is to store the value temporarily to avoid bitcoin correction I agree. |
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If you really want to gain better and earn more profits then you should take risk and by holding strong especially now that the bullish run is on going I definitely have full confidence that it is really worth a wait. Always keep in mind that to earn better profit, you should learn and do it long-term.
Your holding strategy should only be used for coins that have good potential and are ranked at least 200 in the CMC, because the price will likely recover, but if you hold shitcoin the price will go down and it will be difficult to recover. |
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Overpriced or not, ethereum price already increases and finally, the price can break $1k. That is good news to us because what we expect to the ethereum can happen today. But after reaching the new ATH this day, ethereum price back to the lower price but it still above $1k. But the price can significantly increase, so I think ethereum is not overpriced because the price can reach the next high price.
That's great news for those who hold ethereum, I don't hold ethereum so the rise doesn't have any impact on me, I think Ethereum has gone up too high, no matter the price of Ethereum will go up again or not, the price of 1k USD is the most expensive price in my opinion. |
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It is very difficult to predict because almost all successful or failed projects experience this so distinguishing between them is almost impossible.
although some experienced observers can still miscalculate.
because the team from the project itself did not know that their coins would be pumped / dumped by several people.
Analysts make trades based on the analysis they make, they must know what will happen to the market, because market movements are not much different from trading theory using indicators. In some cases the team knows if their coins will be pumped, because usually they will make good news so that the price of their coins will go up even higher. |
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Indeed bitcoin is not the only one reaping profits for investors and traders, the digital currency Ethereum also turned out to be soaring and
the price reached $ 1000. Ethereum, is the second largest crypto after bitcoin whose rise has always followed the price of bitcoin.
Maybe that’s what altcoin kings like ethereum should do. It makes perfect sense for investors to have a portfolio of ethereum for
the long term, even for short-term trading.
Many people choose to invest in ethereum because they believe Ethereum prices will return to their highest prices, and yesterday the ethereum price for the first time in a long time could hit the price of 1000 usd, but as i expected it won't be long, because it is only a temporary pump. For several weeks the market continues to rise, I believe a correction is imminent and ethereum will return to a price of 600 usd to 700 usd. |
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Technically, the fund raised by a startup project during the initial offering cant be used to judge the future of the project in the market because the project may have gained the interest of local investors which invest big in the project and there are also some crypto related project investment companies which usually invest in startup project once the team are genuine.
With that been said, the coin in the subject seems not to be doing well in the market as we speak.
Yes, that cannot be the basis for a successful project, many successful projects raise funds but in the end there is a scam or even no progress for months, for example the pundix project, pundix managed to raise funds from the ICO but the project has not progressed at all, can we look at the price that tends to fall because there are no investors who are interested in the project. So, the important point we need to ask is, what will Amepay do with the funds they have raised. |
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My advice for solving problems related to take profit is stick to the plan, I'm sure everyone when deciding to buy coins must have set a target
for sale at what price. So immediately sell the coins if you have reached the specified target, but most people are greedy so when they reach
the target they don't sell it. And want even greater profit, finally the price drops and gets a profit below the sell target.
Unfortunately there are still many investors or traders who do not have a special plan when investing, especially novice investors and traders, they do so based on signals or suggestions or analysis of others, Although sometimes they have a target, but sometimes their greed makes them confused in making decisions, if my advice is better to sell gradually than confused in determining the target to sell all your coins. |
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Be it a newbie, expert or professional bitcoin and crypto currency trader or crypto currency investor with adequate skills; you definitely need to understand how to adapt to market situations.
What does adaptability entails? Adaptability teaches you and lets you know when to switch from "sell at resistance" to "buying the breakouts of resistance" within split seconds. Know this and be at an advantage especially during price correction that occurs during bull run of prices.
Adapting to market situations is actually very easy, the way you have to learn how to read market trends, market trends have seasons and it always happens when the season arrives, such as the bullish season in 2021, many believe it happened because it is based on the 2017 bullish season. Just like when the market is being correction, sooner or later the price will break the resistance area, and at that time you can sell your asset. |
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Answering the question with today's market nature, it is very obvious that the most profitable has been Bitcoin those who have holding for a long time now are in good profits. Also, coins like Ethereum, BNB, DOT ADA etc are also good and profitable coins which has been seen in their recent growth so far. Lastly, the market nature these past weeks has shown the need and Importance of holding good coins this is because, they always have the higher chances of growing once the market is in a good and favourable condition.
All coins that have a good market cap will recover even if they fall very deeply, this is because many investors support the coin, in contrast to coins that have a small market cap whose prices continue to fall and are difficult to recover. BNB, ETH, BCH and ADA are examples of good coins and have strong investor support. |
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As long as you don't have to spend money to take part in the airdrop or the like you can follow it,
but if you have to pay money, then don't follow it, because the possibility of a scam is very big, as an investor you must understand this trick, most real projects give for free, but scam projects require you to pay money to take your reward.
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Just wondering, why Kucoin has created a competition for deposit and trade XRP on their platform.
This is just a business strategy, Kucoin sees this as a great opportunity to attract XRP holders to move to Kucoin, when many exchanges reject XRP then Kucoin becomes an exchange that accepts XRP and takes the opportunity. I saw nothing surprising about this, but yes, it wouldn't be a bad move to attract a lot of traders there.  |
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In general, I have never seen anything special about Polkadot, because from the start I was not interested in Polkadot, my suggestion is that you provide a more complete explanation of Polkadot and the reasons why Polkadot are so unique and can be used as a long -term investment.
because market capitalization can be obtained with FOMO not from the technology owned, so let me know what the unique technology Polkadot has.
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the current market conditions are bearish, it is scary if you want to enter,
nothing is profitable, it is harming everyone, I also lost 30% and I still hold
I don't understand how you can say the market conditions today are bearish? because I see the opposite, the market is entering an early stage of bullish, the price of bitcoin that is able to break the 20k usd price is one of the signs, you don't need to hesitate if you want to enter the market. |
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I am very sure that a lot of people end up becoming FOMO because they see crypto prices go up, because we all don't want to regret
missing the opportunity to make a profit. But don't let greed take over you, because in my opinion this is not the right time to enter
the market, the coin price is too high. I don't recommend buying coins at current prices, it's better to wait for a correction to occur.
Be a smart investor.
You can enter the market today if you really want to earn a few dollars in profit, taking advantage of every bounce of the bitcoin chart is the way to go, but if you really want to play it safe it's better to wait for a correction and buy every area of bitcoin support, don't buy just one area because you never know. in an area of support where bitcoin price will recover and rise higher. |
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