please accept my apology for calling bitcoin a ponzi scheme
but I still call it a huge bubble
It may be the best investment vehicle in our lifetime
but at over 64K a piece
how much money do you willing to spare to buy bitcoin?
If you don't have money to buy at that level, then don't stop people from buying, don't question people if they want to buy, they believe in this technology and they have the means, in the past, some newbies and unbelievers are questioning if people can and willing to buy Bitcoin at $20k or $25k, but look at what happened in the market, they bought they made a profit and continue buying. I think he just shared his thought and also he don't have much idea behind that. However i have the great example who have just changed his life by investing on btc. If he has any idea about stock or forex market there are always an ups and downs roll on the market So can we tell it bubble?? no, so invest on crypto wisely you will get profited for sure. |
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I met someone who spoke bitterly against cryptotrading, he spoke of how he had a fortune in his trading account that disappeared completely in one night, he spoke of how he fell into depression and sickness soon followed because of overthinking of how to pick up and get back up on his feet financially. Now he is a strong advocate against anything trading crypto, how sad and dissapointing.
I didn't want to go through the rigor of trying to preach the message of crypto and share my testimonials from my little successful trades because our meeting was short lived as we were in transit, but the big question that i kept asking myself afterwards was -
"How many persons loose in a trade, and then go back to find out why they lost, and the mistakes they made?"
(I am bringing this topic here to point out amd encourage everyone that needs encouragement, that it is always best to find out the reason behind every loss we make in trading. It might not be easy, but try not to fall into depression suddenly, go back and find out the excesses and mistakes in your analysis in preparation for the BIG WIN, it is not easy, but you can do it)
You have to build your strategy beforehand and follow through. If you lose a trade, you take a rest and come back when you're ready for another round. As long as you keep learning you will start making profitable trades. Panicking can only happen when you give into your emotions instead of following technical indicators. The more important that how much we have learn from the loosing. I think it is the best way to keep getting profit on trading. I actually follow my strategy and never fall down on it. I have lost many trading but i always put stop less that helps me to decrease my losses and make high ratio on my profit. So i think you need to have more patience before starting your trade. |
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We all have seen this news. It was a bad news for crypto platform. Its not mean actually we can't believe the CED exchange. We have seen many scam or hack by Dex as well but we are still using those. Myself still trust on Cex than Dex and really feel secured to use it. |
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Yes i have also read this article and really the eth is much and more ahead from btc. However eth os continuously pumping heard and making more and more ath level. Its still have a chance for us to grab a few on this price hope the upcoming year also for eth. |
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Hello my first experience on binance p2p is to confirm payment without buy releasing assets to me.
So what is your experience?
I actually didn't get you you have sent the payout and the seller didn't realase the asset is it?? if it is there is nothing to worry about you just knocl the seller if he/she don't want to relaease just make a complain with the payment details Binance will release your asset for sure. I personally using its for many time and never faced any issue. |
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Yes I'm currently looking for altcoin to trade and ihope you all can recommend which is crowded because they're saying it's good if the coin has a bunch traders coz the process is more faster such buying and selling..unlike other coins that seemed stagnant and has a possibility to become stuck up for long term. I'm now at the market actually staring to some altcoin.. I hope you can suggest even a new projects at least it's more on volatility  Its true that a good coin always has a huge volume with a lots of buying and selling. so it will be better to trade on the top and good altcoins which has a ranked. However you wanna also invest on new projects that's why i am suggesting you to invest on Poolz, Amepay which are really new and much potential with high volatility you will get profit most surely. |
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After reaching 3k now, it looks possible for ETH to go down again.
Like Bitcoin right now, BTC is really undecided where to go next and price has declined from 65k to 57k.
Maybe we see a similar drop for Ethereum now after reaching 3k to drop back to 2.5k.
What do you expect?
Its a common behave of the market .We are all familiar with it .When we got a huge uptrend or downtrend definitely the correction will come after .I think you are making some mistake i have just noticed the market and eth has crossed up 3140$ and so more .However its still moving up with a strong uptrend . |
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Binance P2P is the best if submitting KYC is not your problem. They are the safest CEX to use for withdrawing fiat to bank since its P2P. But some country has some specific app that offering hassle free services for fiat withdrawal. Try to search or ask on your local board.
Yes i also wanna suggest Binance P2P it is the easiest and secured way to exchange your asset on local currency .I am using it for long time without having any issue .So i wanna suggest you top transfer your USDT on binance and make it by cash . N.B : KYC is needed for P2P trading on Binance . |
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As a trader, there is a lot of ups and downs in the market, you could loose all your capital in less than a minute with just a very little analytical mistake. The importance of living healthy cannot be overstated to reduce especially the risk of stroke, hypertension or a heart attack which are all long term effect of the accumulated stress gathered from constantly monitoring the market charts, sitting for long hours and increased palpitations and heightened blood flow, which are all situations that full time traders experience.
Always try to give yourself enough time to rest, exercise and maintain a healthy diet as well a social life. All this activities help reduce stress both mentally and physically.
Its an important thread i think .I have faced a lots of stress when i was starting to trade on crypto .The market is here are high volatile you can get rich within a sec and you can loose everything within a sec .That's we need to be always stress free that's we can do many activities which can release stress like gaming ,Social media platform ,sleeping ,Moving etc . |
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Is bitcoin for speculation only?
Yes we can just speculate it but there is lots of strategy and idea concern. it is really useful in our daily life?
It is a online currency that is using it on daily life .So that i can easily say that its really useful . just curious.. What product can we buy by using bitcoin only...
You can buy anything by bitcoin .There are lots of e-commerce site is accepting bitcoin so that you can easily buy your goods from online shop . how many Merchant accepting bitcoin? is it a huge number? what do you think?
I am not sure the number its really huge .I think most of the popular Merchant are starting to accept btc . |
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If you are scared of price reduction, why dont you want to wait the storm in stablecoins?
About your graph - March and April were always the months of price reduction. During Summer there were either price stagnation or growth. But I suggest to hold if you are in Bitcoin and stay in stables if you are in alts. It looks like holding is the best option among all.
Now the April month is going to end. So we can't expect some raise in the price the bitcoin.If you had a doubt have a check of bitcoin price today.Now the price of bitcoin crossed the 53k after a huge struggle. It was stable at 50k over a period.Now the same was change over to the next pump.Kindly hold further to get a decent profit from your holding bitcoin. Its look like btc is stable at the level of 50k$ .As my vote is to sell my 50% btc to make it cash or wanna buy some good altcoin .I think it will be a great decision for me to do this .I think btc will go so high but in not recent time its the chance for alt now .That's why i am buying alt . |
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Hey,
What is your opinion on the bitcoin price crash? I am trading with the Bill Williams trading system and all looks good on the weekly time frame, and on monthly its like nothing happened! what do you think guys and what indicators do you use?
cheers
The market has recovered smartly. I think it is the usual behave of market. Market os tough place where anything can happen so that nothing to worry about when we see a deep downtrend. I think it is the fact that we love btc which helps us to get a good return. I always analysis the market when i see any deep down fall and put my money in. That's how i always get a good return on bull market. |
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I currently hold quite a few coins which I think will 100x. Some of these include: HBAR XRP ADA DIVI Let me know any other suggestions  Ty You have choose few top coin which has strong platform but i think it is not possible to x100 for ADA and XRP soon. So that you can avoid those two coin and add a new one poolz and trx which are more potential than these two. Hope you can get a good return from that. |
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In the year 2021, the entire cryptocurrency has witnessed remarkable achievement in terms of price, adoption, and development, and few coins which held their token sales have also become successful on the exchanges. With the coming of Defi, NFT, and the full operation of the binance smart chain (BST). This and many more have aided our general perception of how the digital currencies market has developed.
Take before coin market cap (BCMC) for-instance the team promised a stable price of $0.01 and after the token sale, the coin got listed on p2pb2b exchange 3 months down the line the coin still maintain $0.01 price this and many more coins/tokens have yielded investor high profits. Add your favorite altcoins of the moment.
I think rthis is the crypto year and turning the world to be adopted on it. However as you said all of the project has turn into a massive trend and get the ATH level. So that the new project are following the trend and being successful. I had such a project on recent time which is Poolz it is more potential and touched a huge price in short time. |
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Holding coins and tokens and not looking back until you start hearing how big crypto market is will leave you in a very bad mood, I'm sure this must have happened to some people here as well, this is my new sad story, I have some moozicore and nxps in holding and I just heard that they swapped to new coins leaving my tokens useless
MZI swapped to MZG
NXPS swapped to PUNdiX
I hope others will learn from this
I think its not any complicated issue. You can easily contact with dev team they will help you to convert old token to new token. I had few NXPS and i sold that if i had i would contact the team and will convert into new one. So don't get panicked. |
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I think Etherium is so promissing because etherium have so many token that also use ETH for transaction.
There is so many project use ETH token that indicate ETH still have long term to live on crypto world. Today, Etherium on second of the crypto price list. I think Etherium always go hand in hand with the mother of crypto, Bitcoin.
I think you said right the blockchain are using for many token which actually make the pressure of transactions and making it high. At the recent the new project are coming with Binance smartchain which actually decrease the pressure and gradually the fees are going down. |
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I think there is one and that is hodling your bitcoin for long term and continuously buying bitcoin and accumulating more. I think that is a safe strategy in my opinion.
Its not strategy that you are using as a trading. We can say it as investment on btc. It is always a good idea to invest on bitcoin we can hope always thay we will get a huge return on future for sure yes it could be safe strategy. |
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Who's right? Let's discuss.
None is wrong from their own point of view. Just think about those hodlers who bought bitcoin to hodl it for long time, not for the short time and on the other hand, traders are doing trades according to their analysis for short time, not for longer period of time. Samething for Elon and Bill Gates as both of them are have own perspective about bitcoin. Elon musk believes on the long term perspective , in the mean time, Bill Gates might want to short it for quick profits instead of hodling that for longer period of time, IMO. Yes none of them are wrong they have explained their own thought. From my side elon musk are more ahead on his thinking on the othe hand Bill gates thinking some practical issue for a while. however i think the crypto always ahead by many of our thought though its behave bubble some moment. |
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The world is frustrated like me for this serious virus attack. The economy has fall down globally and the people are surviving still now and we don't know when the situation will be on controll. The main fact after that what will be the economy i can't think it right now cause the world still surviving a lot so hope the virus will finsh first.
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