Trading of any form on telegram group is pretty risky. You can easily get scammed and lose your money. I wouldn't advice on that. Even though there are a few legit ones, but it boils down to being very careful. If a deal is too good/cheap to be true, then, it's definitely a Scam.
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BAKKT launch didn't create the pump everyone was eagerly waiting for. With soany delays and postponements, people gradually lost interest in it, that was why no sure succes as regards to Bitcoin price has been recorded from it. But on the other hand, I feel like it's going to be a slow and steady kind of pump. Let's see what the coming days will bring.
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This is actually a very good development for cryptos. UNICEF deciding to accept donations in BTC and ETH goes to extent to show that most of these huge organisations are now beginning to believe I'm cryptocurrencies and the change they could bring. Another good thing about this is that it opens more doors to receive more donations from all over the world.
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Buying Altcoins is actually very good, it can give you quick and insane profits that Bitcoin can't give. And to top it all, it doesn't take much time. But learning not to buy shitcoins is another thing. It's Very nice seeing such testimonies. Alot of people who bought some good alts before the 2017 bull run actually made a very good profit.
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I would want to get a fuller details as regards to this assertion. In crypto trading, one can make good returns with day trading though it may be very small returns per day. And in some days no return at all. If you enter a trade with a fixed average % increase, once the target is reached, you sell it up and move in to another one.
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It's not really possible to decentralise every thing. Some things are better being centralised for ease of usage, access and regulation. Decentralising everything means putting the power in everyone's hands, where anyone can do whatever suits him without any form of accountability or fear of being checked.
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MATIC is one of the best binance IEO launchpad project that pulled a very nice return upon listing and trading start m binance. Nevertheless, it didn't continue going that way. As the the project, the team is making many good works and improving on the project. It sure has a good potential, might not be so fast.
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This is a very interesting piece here, the fact it ponited out on the milestones achieved by Bitcoin over the years and as well the pitfalls at these times, one thing is for for sure. Bitcoin volatility will continue to be a thing that will exist. In the past years Bitcoin has always maintened it's relevance regardless of whatever policies enacted against it. We are gradually going to witness a bigger and sustained crypto bull run in due time.
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Bitcoin as a traditional currency like fiat can't really work, at least for now and in the nearest future, It's already a digital currency in the virtual space. The level of technology required is high while ease of flexibility is low. So many still don't understand how Bitcoin works and as such will prefer to cling to tgeyr fiat currencies.
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Virtual currency's have actually contributed a quota to the world economic system with regards to payment structures and systems. As the move towards online transactions and purchases increases, the need and use of virtual currencies become imperative. With more adoption coming along the way, Bitcoin could see more application in day-to-day transactions and purchases.
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Since after the 2017 bull run, it's been a scary situation at alts. BTC has struggled to stay a little above average. But for alts, same can't be said. ETH getting back to $700-$1000 will be a very difficult ride and will take along while to even happen. Then for the rest of the Altcoins out there, so many have died out already. Only a few that have proven their worth will get a short at the next bull run.
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The market is really going through a major reform and overhaul. Even though the price is fluctuating heavily at this time, one thing is certain. Bitcoin is actually getting more use case every day. At 7800 today, it could move back to 8000 easily or go a bit further down. I don't think China golden week has any impact on the price. Gone are those days when stuffs like that have effects on price.
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The thing there is that there are so many Altcoins out there, all emanating from many failed projects. If there could be a way to clear out these shitcoins and we can have a very few with working projects, I believe those ones will do well alongside Bitcoin. Newcomers into crypto don't even know about these other alts, except fro the top alts like ETH, XRP, BNB, etc. They just buy and invest into Bitcoin.
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McAfee has really not been transparent in this crypto, from shilling baseless shitcoins that got everyone who followed him REKT, to some other things. Now here we are, an exchange from him. Well, I'll sit on the fence, watch closely and see how this pans out. Hopefully for the better this time around.
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Over the years, with increasing distribution of Bitcoin as witnessed with the rising number of Bitcoin wallets being opened across the globe. This just shows that more and more people are gearing up for the big move, that's adoption on one end. As for being bullish, that still depends on other factors. The beauty here is that in the long run, it will pave way for bull run in time to come.
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The volatility of cryptocurrencies is what keeps it going. People buy in at the dip and sell at the top. If you know what you are doing, when to enter and when to exit then fluctuations is really an opportunity to make some money. For new crypto joiners, this may also provide a strategic point for entrance, if the market turns out well, that's some profits for them.
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Altcoins have been pretty bad for some time now, the loss in value is really high. With Bitcoin still showing great dominance, alts season is still a thing to only look forward to and imagine. All I can say is for anyone to better accumulate at this level cus we are gradually getting to the start of something new and would really see alts fly as Bitcoin gains some traction.
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Trading is a very intricate thing and should be treated with very much carefulness and attention. Those are pretty nice tips for new traders to have at the back of the mind. I could remember when I started trading, I thought trading so many times in a day will mean heavy profits, but I was so wrong on that. I had to enter and exit each trade very early with a ver meagre profit. Having some good trading plan and developing a trading habit to stick to is a sure way to go.
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In this crypto space and even on other spheres of life, starting up a new project is demanding, especially financially. At the beginning, much funds is needed to set things in motion and this explains the huge discount at the beginning, just a desperate effort to raise money. They don't actually care about the impact of this in the long run, and most of the times after listing with the first pump, everyone just dumps on exchanges and move on
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It's high time we stopped living with 2017's mindset. For a bull run to start, we need see more adoption, institutional money flowing in and possibly lessen bans place on cryptocurrencies in most countries. BAKKT can't trigger any bull run. Exchanges being successful and having heavy trade volumes can't also do the magic. It needs real solid underground works.
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