but we should realize market still underpressure now , bearish still controll the market trend . Even previous high in daily chart could not break $35k yesterday and current price aroud $32k . We must accept the fact this trend will last for long time and we move only in small range.
I think we are currently only in a temporary bearish trend. The Chinese government's ban on crypto and everything related to it, and misunderstandings about unlocking GBTC were part of the cause of Bitcoin's decline.
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The news about Unlocking GBTC does affect market psychology, most people think that there will be a huge flow of BTC entering the market and causing the price to go down, but in reality it is not like that. but still have an impact on the market due to lack of understanding of GBTC. Keep in mind that what is unlocked is GBTC shares. For a detailed explanation, you can read this article https://medium.com/coinmonks/the-final-gbtc-unlocking-4c8bde052b3e
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i am new in crypto world and i don't know how can i get right signals on right time . i joined some paid group but they gave me some good and some bad signals too. then i learned about indicators and i used some indicators but some time it didn't work for me. i want to know that where am i making mistake and what should i do to get a handsome profit.
One of your mistakes is to think that by joining a paid group you will get 100% profit without any mistakes. Trading signals are just predictions, they can be right or wrong. You are right to learn to use indicators, but remember, they are just tools. You must continue to learn to analyze the market, I am also still learning. No matter how skilled a person is in analyzing the market, he will have a wrong prediction
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if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following: - You follow a persons advice through his social account post example is Elon musk
- You still believe that a certain coin will come back from the dead even though you already knew its a scam
- you just follow your instinct and never make single research
- emotions still control you to decided
mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it. The last point is the most difficult to control. Basically humans have a greedy nature, especially in getting profits, but this trait actually brings humans into losses. For fear of losing more, sometimes traders cut losses. but when they get a profit they continue to hold it and hope it continues to rise, not immediately taking profits, but when the price of the token is corrected they rush to sell it.
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Wow, this is a good news for eth now because nobody expected that bankers will adopt cryptocurrency. Most people and other economist think that digital currency is a threat to physical money, that's why this news about staking would be amazing to hear. I believed this will uplift ethereum in the near future once everything will become popular to all banks.
Maybe you haven't read the thread completely. I haven't thought about it before, If that were to happen, it would be very bad, But I think even if several banks cooperate to control more than 50% of the ETH supply it will be very difficult, the total supplay of ETH is 116,681,089.25 ETH, so the Banks must collect around 60 million ETH, and it's not easy to get this much ETH
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You can check the Harmony "ONE" coin. this coin is still very cheap at $0.08 USD, has its own Blockchain with fast transactions and most importantly very low transaction fees. the project was also launched via the Binance launchpad.
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I use Binance's P2P feature a lot, if you ask for my rating then I will give 4.5 stars out of 5 stars. P2P features help me to exchange my crypto assets to fiat, no fees for Binance P2P transactions. And so far my transactions have always gone well and smoothly.
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A stablecoin is a cryptocurrency that is backed, added, or backed by an underlying asset. low volatility with stablecoins being the main benefit to continue to attract both individual and institutional interest. Exchange rate stability is useful for both holders and those trying to integrate Bitcoin and other cryptocurrencies into the wider financial system.
Bitcoin will remain the main attraction in Cryptocurrencies, because by its very nature the value of Bitcoin continues to grow. Stable coins are a complement in Cryptocurrency, when Crypto traders make transactions required stable assets or coins, making it easier for traders to take profits if traded with Bitcoin or other cryptocurrencies, besides Stable coin is also an option to store assets when the market is down or hard to predict. However Stable coin is not the right choice for investment.
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I want to invest in Bitcoin but I am thinking it might have too rmuch rsks. Is there any good coin I can invest my money cause I am planning of using next year. Please does anyone know of good coin I can invest in that can give me good profit by next year?
If you want to invest for one year, Better buy Bitcoin, investing in Bitcoin is safer when compared to Altcoins. My prediction is that there will be another wave of increases for Bitcoin this year that will make Bitcoin have a new ATH price, maybe in less than a year you already have a lot of profit, if it is considered enough, it is better to exchange it with a stable coin.
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I was following vulcan forge project it reach 6$ Ath last april 30 2021 and now the price is 1.9$ the product is good and the developement is so fast i plan to buy a few amount of token for long term holding. Is it posible that pyr token will reach 6$,8$,10$ or above?
it is very possible, the PYR token is very likely to return to its ATH price, or it may reach a new ATH, it all depends on the current market conditions. The development of this project is very fast. we can even buy PYR tokens using fiat currency.
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Now is the good time to invest because the market is down. Cryptocurrency investment is considered risky but higher return of investment is possible. Use your excess money to invest because there is a higher risk. For example, you already have investment, you still have to set and take profit when the price goes up. When it goes down, you have to set stop loss to avoid much losses to your investment.
yes, now is a good time to invest, although there are some people who speculate that Bitcoin will drop around $25,000 USD, but now that Bitcoin price has corrected quite deeply, it is better to buy gradually. remember never go all in
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I also still think there will be another bullrun this year, $60K USD not ATH Bitcoin this year, there will be another wave that will bring Bitcoin to the price of around $100K USD. this is just my prediction. DYOR
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thought something interested. url not working and think some hosting issue.i also looking to create coin for Get fund to my business
The link works well, you can try it again, I just tried to visit it and there is no problem, but I haven't tried to generate a token through the site. The cost of making tokens varies greatly, from 0.1 BNB to 1 BNB. Basically maybe this site was created to help someone in making project tokens, but maybe it will be used more by scammers
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Better to avoid tokens that offer such thing, hold their tokens and earn BNB, earning BNB is a desirable thing as BNB tokens are very popular nowadays. Maybe you will get BNB but the amount is not much and the tokens you hold can fall at any time, then you will lose even though you get BNB. In the past I've been stuck in projects like this, if you know the Bankera project. in the past this project took a lot of victims, including me, LOL Hold Bankera tokens earn ETH. Now their tokens are ashes and holders don't get ETH.
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The currency is issued by the central bank of Nigeria and it is centralized. so it's not a crypto. this is the same as the china project, where he started planning to create his own digital currency. and this will have no impact on the crypto market. i would prefer if nigeria legalized bitcoin like el salvador. rather than creating a new digital currency which is centralized.
Agree with you. sometimes news like that is also just a game, not necessarily true and can be implemented because a country usually has many things to consider. like china which sometimes supports Cryptocurrencies and sometimes prohibits it like now, and apparently they plan to make their own digital currency, but we don't know if it uses Blockchain or not.
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Altcoins are rampant and more and more new Altcoins are born every day, Some are shit coins and some are useful coins. Basically Altcoins are born to solve problems on Bitcoin or on popular Altcoins that have existed before. But there are also those born for personal gain and defrauding investors.
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Hi there. Well, Shiba inundated going up and many people are waiting to hit .1.
I was thinking what about the rest of into coins, will they climb up. I checked their market supply its lower than Shiba.
Less supply of tokens cannot be the main reason that the price of tokens will be higher than the price of tokens with more supply. Be careful with meme tokens, only a few can survive, the rest are just pumped and then thrown away, looks like ZABAKU INU is also one that is pumped and then thrown away.
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Hi, today on 13 pm cet we can buy on pancakeswap new token https://metahero.io/. What you think about that? Did you hear about this projects? I want to invest, but i dont know how work new coins on pancakeswap and when its possible to be on bigger markets like binance for example. Just say what you think. Peace out crypto brothers I just heard about Metahero, I just visited the site and found information that the maximum supply of tokens is 10 billion, but the team has a Buyback program and token burning until the remaining 100 million HERO tokens. this will be interesting. At the moment I can't give you any advice, but at first glance their program is pretty good.
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I like your No. 1 choice, when the Bullrun is over and we take advantage of Altcoins, it is better to keep it in stablecoins, as a preparation for our trading capital in the next season or when there is a good opportunity to trade and withdraw some of it for real-world investment Remember, never put eggs in one basket
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The Twitter account was created earlier this year and doesn't have many followers yet, and you said that IC Trade is considered the most reputable and transparent exchange in the world. then who said that?
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