Scams as well as hacking are my worst experiences in cryptocurrency. Until now, I have made it a lesson because it is very detrimental to me.losing money in cryptocurrency from scams is something that many people experience. whether it's the same as me or different. the absence of regulation and a freedom attract people to be able to benefit in a way that is not good. like committing fraud
Two common concern when you are new to this market, most of the time scam really hurt you much! investing or participating with projects that offers very attractive benefits, a big lesson to learn not ' to waste your time and your plan invested money. Work with your knowledge and try to understand everything first before dealing with it. |
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I see this as an opportunity to buy btc cheaper now. I will store it on my ownr and atomic wallets and wait for the price to rise again. Here's my plan.
Good plan just make sure to use spare money or something that you'll not going to need ia short span of time, it might take some time before the market will bounce and bring the bull back, as there are many factors that affecting the market right now. Buy and hold aimed for long term to maximize the profits. |
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Well it's hard to tell to make a huge profit by converting your BTC into Altcoins, because we all know that bitcoin still has it edge over altcoin but then we cannot also under estimate the potential of any altcoin to make great, given a chance they can too. why not keep them together if you have both, hodl and then see and wait for the coming days and years who make the profit the most then trade it or sell it that way you're safe and your profit is secure.
Words are very nice, but it's always hard when you run it, you need to know that everyone's condition is different, in general what you say is good, but it only applies to those who have extra money or unused money so they will it is more relaxed and easy to be patient for the sake of profit, but for those who just want to find daily profit, this thing you reveal will absolutely not apply to them. yes, there are different overview about this strategy. It will beneficial to people who have enough spare and capable to buy and hold, while those people who are here for short-term trades, they can't continue working in this types of scenarios, they are aiming for daily profits so it will be very risky to continue. |
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I strongly believe Doge will be a sustainable incremental coin, with the help of Tesla. And I believe in the management of Elon Musk, the number 1 billionaire in the world. Do you guys agree with me that Doge is the world's largest community-owned coin. And the US and EU communities are very fond of Doge
Since Tesla Bos first joined the crypto space, Doge coin has been increasingly discussed and has become a coin that is very much in demand by crypto lovers. but if you look at the price movements I think for now Dogecoin needs to be stored longer in anyone's wallet if you have it. I also really believe in the potential that Dogecoin will have going forward. if Musk will continue to boost it up then we will expect more from this coin but if he stop and look for another coin or create his own coin then the chance of moving forward may take long. Or also possible that without Musk the fate of this project might ends up. It's a risk but if you do trust this coin, holding can also gives you something decent. |
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It's true that there already were some indicators that a dump might be coming a few days ago but the first dip was pretty clearly started with the announcement of elon musk that tesla is not accepting bitcoin as a payment anymore. Then 1 or 2 days later china announced a new crypto ban which led to the second and even bigger dump. So yes there where some indicators before but i still think that, if Musk and china would have not made that announcements the price now would still be the same as it was 1 week ago. So i think the already nervous market and those announcement came hand in hand ... just a bad timing for us.
Anticipation always help if you are well informed if what are the latest information that showed up along the market, those who able to decide before hand manage to comes up with a good plan, Musk and China's fuds really hit the market, few days ago the market really fall hard, nice to see that the market start moving up again. |
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From the past there were also those who compared BNB and ETH and predicted that they would be able to overthrow ETH, but in fact BNB is still far behind ETH, as well as ADA today, let alone overthrowing ETH to overthrow BNB is very difficult actually, but who knows if investors start invest more in ADA than in ETH going forward
Moving back years ago, Wave also was there to compete but still ETH managed to continue developing and gained more support from many developers, still far from any possibilities that ADA will able to surpassed what ETH already achieved, by the way you mentioned BSC which is the closes competitor but also have a huge gap in between. |
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I have a question, did you sell your Bitcoins when the market was heavily bearish?
My advice is that if you haven't sold it, keep holding it as we all know that Bitcoin is an asset that is more suitable for long-term holding than for trading. Especially for newbies who often do not have a good enough mentality to hold an asset with high volatility like Bitcoin, crypto.
Hopefully de won't do that after purchasing his first portion of bitcoin, The market still red but it's trying to move upward a little, if you can hold it for lnger time frame your investment will give you very decent profits. Though it may take some time, a week or another month very possible but if you are aiming for decent profits best to wait and hold. |
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These are the movements expected from China. But the latest news was already a news story. So they put fake news on the market and bitcoin hit hard.
Another reason why it's tough for bitcoin to recover quickly, aside from Musk, China also have big impact in terms of creating fuds like this. They manage to play with the market and investors from that part of the world are silently inside this industry and quitely gaining, with such news those people are afraid being haunted by the government they don't have any other option but to comply. |
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Bloodbath is over, bitcoin is slowly recovering now and we are gonna see it trading at $40k.. The bloodbath was just a blessing for those who trust as they can accumulate at a cheap price, bitcoin will recover, then altcoins will follow. I'm expecting a green market in the next few days.
We are seeing good market movement and yes it's a good opportunities to those investors who are trully believing in this industry, they are able to bought more coins and store it inside their safe wallet, after that $37K and now ranging to $40K again, those people are gainers, they just need to take some risk and harvest their profits. |
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None knows about that dude. When you are investing in the shitcoin and you should have taken a short time hodl as the time span to hodl your shitcoin.
So many people were betting on the shitcoin caused by this is the only way for them all to generate a lot of money in a short time.
They are betting on meme caused by doge FOMO.
well, that is what I mean, if you bet on shitcoin you have to accept the risk that you will experience, I have bought shitcoin in small amounts of 5 $ for each project because I see some people can make more than 10 or even 100x as much in a short time. So there is no need to buy in bulk, but out of the 4 projects I participated in were all scams and I got nothing. And that's common with this kind of business, even you bet as many as you think that one may bring something good, chances that none will performed is higher than what you think, what matters here is you are willing to gamble and see if luck will permits you, if not, then move forward and try more harder. |
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Ethereum is the second best digital currency in crypto space. Despite of the higher gas fee, many people still using it. Maybe this time others are looking for an alternative way to make a transaction with lower gas fee but the dev behind Ethereum also busy for developing Ethereum and finding solution for the higher gas fee. Ethereum will not going to die even there is a lot of competitors.
It won't, as there are lots of tokens/coins that already been created using this chain, from them, even there's a high transaction fees they are willing to pay just to continue using the chain, and for sure the team behind ETH will work it out and find the best way to continue competing with other projects such as BSC and ADA to name some. ETH will continue it's progress and continue to provide services to users and supporters who are still trusting this system. |
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I think options number 1 and 2 can be profitable if we can choose what ico and coins that have good prospects. we can hold it if it is a good coin to hold first. but keep in mind that all must be careful in making decisions so as not to suffer losses. choose a good ico, a good ico can be seen from the team and also the concept ico itself. so we have to be smart in choosing
And that's tough part of it, analyzing which coin from iCO's are good, most of the time they offered a lots of perks which commonly the problem of those newcomers as scam developers are good in providing alluring offers that they really catched the eyes of those investors who are not careful in dealing with their investment. |
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I have never trusted such platforms. why would anyone give me money? and with such an interest rate. The number of platforms that use this method is quite high. They deceive people with the method of making money with daily interest. but they want you to deposit money. and they set a lower limit for this money. He says the least amount you can deposit is this. It is obvious that it is a ponzi. It's obvious that it's fraud. but uninformed people believe it and then they are defrauded. don't trust it. do not invest your money in such places.
The sad truth however, is that a lot of users can fall on this trap. As they aim for higher profits at a short period of time. If I will trust my funds, for me, I'll better invest in Binance Earn. I am not promoting their feature, but I believe, it is safer to invest in this exchange. With their insurance in place, I feel confident to trust my funds on this platform. If you already doing this and you already have the right knowledge about their offers then yes it's much safer not to aim for quick profits but just small earnings, slowly but much lesser risk. Not a gamble type of investing where you always need to keep on checking your assets from time to time. |
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Right now i think BSC is be more usefull for me than ETH. So i will say BSC is better because the FEE of eth is verry high and for small trader like ME it's too expensive.
That's personal since you really see the usefulness of BSC due to the high fees of ETH, though for other people they might see provide different opinions, but what is important is there's good alternative for small traders to continue doing their transactions, BSC serve this purpose and it's been enjoyed by small players and traders. |
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Its a Burn address, and any token or coin sent to that address is gone forever. That is the meaning of burning. It reduces the amount of coins in circulation thereby driving up the price
Yes, because there is no other address to burn tokens or coins in terms of reducing the supply, so the option to burn tokens or coins can only be done for that address. If the project is really performing and that's really good in terms of value, reducing the volume will simply brings up the price inside the market, though for sure the sentiments always depends from how the people will like to see and support the project, usages plus burning of tokens have a major impacts to the entire value of the coin,. |
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I think it's normal for those people who scared when their investment drop so drastically, not everyone has a diamond hand. Especially for people who are just entering into this crypto investment.
For beginners it is normal but if people are old I don't think they learn from experience, in investing in cryptocurrency, of course things like that have become like daily food, and when things drop drastically we need to stay calm and continue to analyze them By experienced most understand that before doing anything theres always a need of researching for any specific information on why the market is fallen or if the market is moving upwards, it's not healthy to rush things out as most of the time it will only leads you to lose your investment. Do your DYOR and it will surely benefits you. |
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I believe that Phore is a long-term project, so the drop of 20% today could be irrelevant in a large time frame where the phore marketplace could gain a slice of the online shopping market and where Graphene will become a reference platform among dev.
I remembered the first snapshot helped PHORE rose and got higher price than $0.5. It is abnormal as the more snapshots, the lower price this coin has. No offence as I still hold my PHORE coins. I hold it because I get low money if I sell it at this moment. The coin season will be expanded longer and PHORE will have its turn to get pumps. This coin will need some news with technical developments to rise, not only rely on snapshots. I think phore team is doing good work for the project but they lack in listing of phore in some major top ranked exchanges. If they could focus on listing it on big exchanges, that will bring more volume and hence we may see more adaption. I read on the Phore team discord server that the listing on a major exchange is planned, I had shared the information on the Phore subreddit, here it is: https://www.reddit.com/r/PhoreProject/comments/n5ig9f/community_phore_on_discord_update_by_the_team/It's good to see that there's a certain plan regarding to this concern, having a much bigger exchange will allow more investors and traders to learn more about this project, the vision is not just to attract fomos but to introduce the usages of this system and allow investors and supporters to enjoy the ful functions of this project. Looking forward to see progress the soonest. |
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learn from friends' experience,investing in real coins with a solid team as well and also having exchange rates in any market.
don't let it happen again by just looking at the initial concept,I'm sure all of you can choose which one we should choose..
Correct, if you do have a long term view better to collect those well known project, it will give you much lesser chance of losign your money, but if you do have the nerve to play with high risk investment, buying memes will work for you, as long as you can accept losses and you are the type of a trader who can easily forget and can move forward in case you mistakenly choose totally shit coin. |
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Elon Musk is clearly unreasonable with this action and it has affected bitcoin's value ever since. Just take a look at how much influence he has to investors considering he is a billionaire, that maybe the reason why bitcoin's price went down right after Tesla announced that they wouldn't be accepting bitcoin as a mode of payment anymore. Nevertheless, life must go on and we should take advantage of the temporary price drop and start buying as much as we can because bitcoin will surely come back stronger once it is able to recover from this current crisis.
There are many factors that needed to consider but following your sentiment, he's a billionaire and those who are following him have their own speculation regarding to this move, it's affect in form that there are Bitcoin holders who sold their assets to wait for Musk next move, we can't conclude just more on self assumptions in regards to this current fall. |
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But why the hell people panic sell now after it reach this high amount?
Do people really still think it goes to 0?
There are a huge number of people in the world who bought bitcoins in 2018 and failed when the rate fell. Moreover, he fell much more than they expected. Perhaps they think the next fall is coming soon ... in essence, they were afraid of losing a lot of money and were unsure of the coins they held. Another trigger could be FOMO which caused most of them to get carried away and then immediately took the decision to sell them Fuds really affects the sentiment of those weak holders, they are unsure what to do with thier hold assets, once pressure for selling show up, they simply being moved by the situations and follow what most of those sellers decisions, leading them to lose money without realizing that this is also part of this investment. |
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