I think with that much spread, i mean if altcoin can get multiplier more than BTC, how about risk? because in investment we should know and compare risk of each coin and then pick which one we want to buy. I mean i am people who better to be safer, it is yes altcoin will give multiplier more than BTC give, but risk behind it is big too. They can dumped more than bitcoin can.
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At first we should know probably what their aim is not user's experience but profit. We can see on some play to earn games, who doing it with free account wouldn't survived that easily and even who pay it must pay more and compete in how high we can pay the character or anything else or maybe stuck with gacha which sometimes give us bad thing too.
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I am not hate Metaverse / NFTS just not really care with it. I mean, people maybe free to choose what thing that can give them profit, like NFTs which i actually don't know why people give it value maybe they have their own reason not like usual coin which developer try to keep their value with updates and implement that use their coins. But i will just ignore it and focus on what i do to make profit.
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Usually something like this is depends on the employees. Because they will do anything with the money after they get it either it is fiat or BTC. If me i prefer to give them fiat and educate them about bitcoin so they free to choose want to make investment or not. Because although we give them wallet and BTC, they will sell it to fiat immediately if they not interested.
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Which is a better platform? Ethereum or the Binance Smart Chain? Please explain why.
I don't know about technology behind them, But for ERC20 and BEP20 i will prefer BEP20 network for now. For people who only have limited resources like me, fees can be a problem especially if the coin that i want to trade have same profit or maybe profit less than fees that i must pay. But now with BEP20, i can choose token in that network and pay fees much different that ERC20 network and it is really worth to do.
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Hello friends happy weekend to you all. What do you think about Saturday and Sunday trading Considering it with week days which do you see as profitable or they are just the same thing to you. I like for us to share how we feel about these two trading times, if you make more profit more or loss more on any of week days or weekend trading. As we know trading is just about how to make profit. I think nowadays there are more people who trade no matter what day is, so we can enjoy to trading because of high volume. Really different with past when every weekend usually market volume not like usual, and not only about days, there are slighty difference about volume trading when in noon or night, but that is what i feel.
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But what is your reason for buying and holding these coins? What type of profits (fiat/btc/eth/other) are you hoping to achieve and have you already taken profits?
Do you genuinely believe any of your altcoins can genuinely surpass Bitcoin or Ethereum's market values in near future?
Usually what i see from buying coins is average USD profit. Because if must count in BTC, ETH and other coins, usually my coin will be back to fiat. And then if want to buy coin again i will start to fiat / USDT because nowadays there are a lot of coins which have pair with USDT not like in past which mostly in BTC or ETH.
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When i first heard about bitcoin, one of the selling points then was the pseudo anonymity. But as of recently, it is hard to purchase any crypto without encountering a form of KYC.
I’m just curious of everyone’s thought on this.
Bitcoin ifself is anonymous, but centralized exchange are not. They need legalization to keep opened because there are a rules from their government. I think we user don't have much other options beside use decentralized exchange, or maybe P2P, so i think if people don't like to do KYC, they still can buy or sell their coins as long they use trustful decentralized exchanges.
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Hold, or day trading, is gold if we know what coin that we bought. Both can be bad thing if we pick wrong coins and holding that kind of coins can make our finance condition getting worse. So, at first research is really important for any ways we doing trading. For long term investment usually i pick big coins like BTC or ETH but i only pick which is safe for me.
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There are 2 type of investor, in any type of sales. I mean both NFTs or ICOs sale, there will be an investor who look for short profit and they usually follow the hype or create the hype and then change to another project, and investor who be project believer and hold as long as they can to support the project, so pump and dump and dead project is something usual happened in crypto.
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If already know that sometimes whale control market, why not just take an advantage by it. I mean if know whale can pump market, so we can follow the stream and maybe joined the market too, or if know whale will dump their coins, we can do short or maybe if hold a coin, just make sure we are ready to hold it longer. We can't control them and i think market still can't be easily predicted too although most of circulation is held by whales.
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Bitcoin has made good progress in last two days, we all know that altcoins will follow the same path and some Altcoins like Binance have already started to surge so I feel this would be the right moment to invest into Altcoins like ADA, Solana and ICP which are ready to explode any moments, what's your take on this? Things will be in our favour of we choose the altcoin's wisely and better to invest now rather doing r when it reaches the peak.
But my only worry is what if it's one more bulltrap.
If it is the right time so it will be no problem to buy altcoin. I mean some coins that OP mention is a potential coin and something like dead coin have to be last thing that we should be worry. But if only bulltrap, if we must hold longer then it is not a big problem then.
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Hello guys what's your best and accurate strategy when it comes trading crypto? because to be honest i've been learning and at the same time trying to trade live using common strategies such break out, trend line and some pattern that i know but seems not giving me a good win rate. Any suggestion or tips and what's your best strategy especially those who used to day trade? I'll appreciate your input guys.
For picking coins to be honest i still ask my friend or wait someone in group to share signal. I know it is bad because we must know by ourself. But usually when situation is not very good, we should know because any condition of traders is different. If me usually because i don't have much capital, i already satisfied although only use smaller capital per order because with that i have my back up money if something bad happen.
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The recent market crash has been a clear example that there are lots of projects that will not be sustainable over time, on the other hand some crypto projects have risen over this difficult time. One Ring was released on Thorstarter last week during this chaos and has experienced a 3X already, while having ongoing development. Which are your crypto picks during this crash?
Crash or no crash i think altcoin will have their chance. If they are really good in developer and investor and progress, and not only depends on hype, it will survive and get it's own price in market. Just see in a months coin that you mentioned progress and then can decide it is success or not and not only depends on multiply only. But my pick will be the big coins.
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Depends on what to be title of this thread, i think when bitcoin reach $1m i no longer have much money because will be very hard even to earn satoshis. Not like in past when satoshis can be earned by faucet and maybe, fees in exchanges can be problem, or maybe minimum buy order in exchanges can get affected too.
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But the situation is interesting, imagine that things are going well and at one point your deposit is $ 1,000,000. What would you do and how would you behave? What altcoins would he invest in? Perhaps you would keep in stable positions while waiting for a great situation to enter the market? What altcoin / altcoins would you choose and what would you invest your million in? Of course for big coins. I mean if i have $1,000,000 to make investment in crypto, my money condition will be more than that. But not means i pick coins which can be drain my assets fast. But when in big coins, i can hold it longer and i don't need to think the coin will be dead. So what i have is time and wait for good condition or getting profit with it.
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Maybe better to pick cheap coin but already listed for long in market. Because with that, don't need to wait for hype although profit is not big as coin which get hyped after first launch in market. But it is safe to do, risk is there but maybe less than risk about we lose all money if that new project dead.
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Hodl or Stake, both is good because what we aim is profit. If stake, maybe i will see what the token and what the platform. Maybe if platform i will pick which is reputable first and then see the progress of the tokens. Or maybe just pick stablecoin to stake if want to be simple.
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Now there is a fear of investors in the market. Bitcoin has lost over 50% of its ATH since its recent drop, the fear index hit 13, and even altcoins that have held up well on this downtrend like NEAR, LINK, LUNA, FTM have also lost value. Short positions increase Everyone is in a panic, many fix losses and sell....
Does this mean that we have felt the bottom and there will be a rebound soon? Is it time to buy?
If still have money, i mean when price keep going down usually i hold more USDT in market and see i can get any chance to gain profit or not. But with strategies to prevent price keep going down, i already talk so many times about split capital, so we are don't need to worry about dumped market. If keep getting down, we still have spare capital to use.
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Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!
Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
Not want to judge if it is dumb decision but what will i give is my salute. I know it is hard to resist to sell bitcoin, even when price pumped only $600 i already happy and then sell my coins because never expect it will pumped like nowadays. For me $200 to $600 is a big forward and then i sell my coin at cheaper price before big dump.
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