When there is a lot of demand for coins in the market, the price increase will increase by itself. That's the first step Polkadot has to do. Functionally, Polkadot can break through to $100 at a time and based on some experience with old coins, it all depends on how the market plays.
For such a price Polkadot needs a 150% increase in this year and the question is can Polkadot have enough time to increase that much in this year ? especially now that many of the best coins are starting to compete strongly in the market. We'll see and this is also just the beginning of the year so don't be too quick to judge because in crypto it's hard to predict, Polkadot is one of the potential coins and I hope it can go up big, The important thing is to continue to follow developments and see what happens in the future |
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When the price drops drastically, there is an opportunity for us to buy trending coins such as Salona, ADA and several other altcoins. I took this opportunity to buy some of the most influential altcoins such as bnb, ethereum and Salona because I didn't want to take risks on new obscure altcoins.
With market conditions that are going down, we really have to take advantage of these conditions to buy some potential coins, the most important thing in such a condition we don't panic because it will make us lose money |
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Of the two options, of course I will choose HODL, actually a bad thing if you will choose the first option by exchanging it for fiat. Fiat is easy to lose, aka without you realizing it, it runs out because it has been used to buy this because of the ease of transacting on physical money. It is different from Bitcoin or other coins which are digital and are still not accepted by many people.
Holding will depend in your coin, if it’s BTC or top alts then it can be worth holding but if not then better check whether the price will go up or not. Some altcoins didn’t able to bounce back when the hype of that is already done. Better leep monitoring and search the capability of that coin there is always a option to invest in other coins than to convert it in fiat. That's the importance of choosing the right coin to hold because if we just buy it we will likely lose money, it also takes effort to be able to choose the right coin and we can do research, I think it will help and get detailed information |
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All project is good and will give you profit but you should show some holding power. Market is not looking good in the favourbof altscoin. Once Bitcoin stable we will see the rally of altscoin . Atlas can perform super in the next bull session.
How can you say that all projects are good and to me it's just bullshit, there are a lot of projects that don't live up to what they said before and which end up with scams too, we have to be careful and have to be right to invest our money |
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I always come across people who usually complain how they missed not investing in cryptocurrency, if they had embraced cryptocurrency they would have made some good profit(HODL). It is very easy to regret and complain about set backs, the only solution to win procrastination of investment is decision making.
Only decision making can help one to start the train of investing.
The year is getting to an end, most people find things to start middle of the or towards the end of it.
The beginning of the year can be a good reminder and good start for those who think they missed the opportunity of investing in the previous years. I know starting thing at the beginning of the year is easier for most people. Don't be left out as the train moves in the new year.
I think in my experienced here in the cryptocurrency the profit we can get it from this business industry is when the price value of the altcoins in the market get dump deeply then you buy and hold in the long term. Because for others once the market is down there is no profit anymore according to them, where for me they are wrong with that things. Yeah, I agreed that if you are a decision making person and you made the right decision you will surely benefit with it 100%. Sometimes when the market is down we just fixate on the coins we already have, should be in that condition we can use it to buy some coins that have potential, in crypto the ups and downs of the market are very normal, the most important thing is that we don't panic easily during those conditions |
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Cyprocurrency trading has gain the curiosity of so many individuals. But in crypto trading sometimes a person may get rid of his money because there is no surety of market's price. During certain moments the market will be dump slightly and sometimes the market become pump once again. You can take help from crypto signals that what will be the worth of the market and is necessary to select coin of good base. So this can make you to get benefit.
On the time you do experience losses then this is the most common situation on where you do really have those doubts and uncertainties on making some move whenever you do make trades. You do able to realize that dealing with market is something that cant really be easy to begin with and this is where you get confused but for an experienced person then you could somehow control this kind of emotion. For someone who are just new then its normal that you would really be having this kind of emotions. if we experience defeat then sometimes we feel less confident to enter the market again, that's where there is distrust of ourselves. we are afraid to make mistakes again, even though maybe the market we were just unlucky in, this is where we have to be able to control our emotions so we can still think carefully Yeah, emotional control is a vital part of trading and once we witnessed an unlucky situation we should not give up trying harder to profit in the next trade. Trading is not an easy task so we need to constantly improve our trading skills to be able to combat its uncertainty. In complicated conditions emotional control is very important to think clearly so that the decisions made can be right, Of course it's not something that is easy to do, it also needs to be trained to get used to it |
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To control it is a problem, sometimes many people make investments without controlling at any time, people are more likely to like long-term investments, which do not make it difficult to control every time, danger or risk caused by the inability of controlling that, so the project What involves the hype does not fit we invest, even though the short term hype project also produces profits as you mentioned.
Different things must always be understood by every investor because it is very clear that if the investment is long-term, then monitoring in general is not too important even though it is not detrimental in particular, and this will certainly be different from investors who like to invest in the short term who must always do something different monitoring of each investment. The strategies applied for both long-term and short-term investments are different, for short term investment I think we should be more active all the time to seek information or do monitoring, which obviously needs adjustment and depends on investment choices |
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Holding is best choice. Crypto market is volatile amd we cannot predict when will market blow or dump. If you stake , the token will be lock. During locking period may be token price pump hard amd you miss the chance to sell at all time high. I always prefer holding because something banned happen and you need immediately token sale which is not possible in staking.
However we need to look at the coin first before making a decision, if we have potential coins like BNB,Matic and others I think it's worth it and it's better to keep holding it, apart from that I think it comes back to each person's preference |
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...Currently using trading. So I think the most beneficial. What do you think?
Almost all newcomers lose their money when they set a goal to increase their capital using toggles. At the same time, those who decide to use margin trading lose their money almost after one unsuccessful deal. This is not a place where you can make a profit without experience and knowledge. Sometimes people don't understand this that trading requires a process to be able to make a profit, experience and knowledge are also part of the process, what is clear is that nothing is instant and we must really keep trying and work hard |
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In this digital era, everything is easier to learn, including how to make money, compared to 10 years ago. Now you want to learn or anything else is available on the internet. But it depends on how we use it.
But I do not deny, sometimes it takes a long process. And usually most people give up in the process. This requires seriousness in running it. Because something we want to achieve, we can not get instantly. There is consistency to be built.
It is undeniable that with the development of technology today learning can be done anywhere and we can find it on various platforms, that's why people won't progress if they just want instant results without going through a process, It's very important to instill a process trust mindset and hopefully everyone is aware of that |
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Shiba is reliable for long term but that doesn't make shiba a better bitcoin intact they aren't even close, shiba isn't fully decentralized and bitcoin is, shiba started as a meme coin and now it's going metaverse, the best challenger is doge coin not bitcoin
In the long run I see shiba is not suitable for that and it's too risky too, for me top alctoin is still the top choice for long term and it's much safer, let's see what will happen to shiba in the future |
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Cryptocurrencies even though they can make us profit 10x or even 100x in a month but I think it's better if we do long term investments, of course we will buy coins that already have a strong reputation and continue to grow like MATIC or BNB.
For long-term investments, it is safer to choose the top altcoins like the two coins between Matic and BNB, both coins have strong fundamentals which is good for long term investment, It's clear that everyone has their own choice |
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I only use Binance so I don't think I don't have any bad experiences with exchanges, probably their uber secure log in process irks me a little but that's about it as I just need to be patient to deal with that problem.
Binance is indeed one of the exchanges used by many people and it proves that the exchange has good quality so that it has earned the trust of many people, obviously Binance has various features for trading and that's a good thing |
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my advice is that you don't trade again, go hodl, the instant you lost all your capital when you come back you will be focused on trying to recover your capital and in this crypto market it is difficult to day trade, the most recommendable is to do hodl, so don't do day trade, do hodl, you won't lose your money, of course you will have to be patient, but in the end it will make up for you
It's better that way but it only stops trading temporarily and it depends on each person because everyone has the right to make decisions for himself, investing in coins that have strong potential and fundamentals is good for the long term but indeed to make a profit we have to be patient |
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There is a lot of ICO and airdrop you can find it in either bounty board or in the announcement section but there is a lot of ways to look for ICO and airdrop. One helpful way is by looking at the Twitter where most of the announcements were made on it as well as looking for news and articles about upcoming project and possible Airdrop as well as initial review and insight about the project.
This forum and joining in telegram groups that are active in the discussion about bounties or airdrop can be a big help. Before I just follow threads here in the bounty section to see if there are campaigns that also run bounties, unlike before that by just registering we can gain in airdrop now can be too troublesome so better join only on projects that have a good background and review, better find related threads about them here in forum. Yes, by joining this forum and with telegram groups related to airdrops or bounties it is very helpful to get the latest information, actually it comes back to the preferences of each person because in this day and age it is easy to find information |
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There's nothing wrong with loaning or borrowing but, to be honest, it's better if we'll not borrow funds to expand our assets. Crypto investment is profitable even metaverse but borrowing to invest more has huge risk and might only lead you to regrets in the end. It's better to save before investing so you'll have all the control over your investment without any pressure. Making savings before investing is good but borrowing money for investment doesn't hurt either. You can learn how to manage debt so that not only can you return capital, but you also profit. borrowing money for investment is good but borrowing money to buy luxury is bad. But you should also consider before borrowing money for investment because investing in crypto is quite risky, with good management of course it will produce good things too, maybe can invest in top coins and it's good for long term investment |
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Binance has announced that it will be introducing the BNB Auto-Burn protocol. With the aim of replacing the quarterly combustion mechanism of this combustion which will automatically change based on the price of BNB, using a set formula. Obviously this could "trigger" a dramatic shift in the price of BNB and towards that $1K price tag the more real.
Good news for sure it will impact to the price, that auto burning will lessen the actual supplies and with a type of progressive project. It will bring more positive though not that quick like how hype coin works, but it will reflect positively, this coin is one of the best top asset that investors can rely on both long and short term run. There is no doubt that BNB is a potential coin and has a bright future, therefore many investors bet with this coin and it was the right decision, I'm sure BNB will continue to grow and maybe it's just a matter of time |
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No. I don't know what meme coins will be worth or have value in the future other than Dogecoin. It's possible that Shiba Inu will experience something like what happened to Dogecoin even though it won't necessarily happen to Shiba Inu. I myself believe in NFT more than coin meme.
on the other hand there are still many ways to make money with minimal risk, why do things that have happened make people crazy about shiba meme coins who expect prices to soar high, no meme coin lives long term mostly, for me now avoiding memes is still there is another good way.? There is nothing wrong with people who go crazy over meme coins hoping the price will soar because they have analyzed it themselves and in their own way. But I'm not interested in getting a price advantage by waiting for years. Moreover, it has been waiting for years in the end it is not achieved either. It is better to choose other real assets outside of crypto assets. They believe on meme tokens, maybe they are into a fast profit hoping for them to become rich easily and that’s why they took such risk without any hesitation. I also don’t see any future with meme tokens aside from the hype, I will always go for the good projects if its about holding, and I think there is no new meme token yet that are not related to SHIB and DOGE, they are all looks the same. It's too risky I think if we choose meme coins to hold and it's not recommended for that, it's true what you said that talking about holding back is probably best to look for projects that have potential |
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How long have you been hodling a particular coin while the coin has been making progress for your profit taking and yet dropping in your eyes ? Some people don't understand the hodling technique, they are hodling a particular coin and never sell to rebuy again or to sell and buy another coin. You can sell this coin and buy that other coin that is how to turn over your money. I didn't tell you to sell your bitcoin and not to buy again. I only say you sell the bull and buy the bear  Holding without any plan is really a bad thing since we cannot hold forever and we should always have the target price so we can at least enjoy some profit. If you do have that target price it will allows you to have profit and a good backup plan to buy more of the price becomes cheaper, I’d rather sell to take profit and then buy again later on even if its Bitcoin. That's right that's why we must have a plan before deciding to hold, selling and buying gradually is also important and again everyone has their own strategy |
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I don't think it will happen that Bitcoin will be overtaken by any altcoin. It is true that altcoins will but Bitcoin will also increase with them in the future. So, in my view Bitcoin will always the king of crypto market.
It's not easy for altcoins to beat Bitcoin and in the short term I personally don't see that happening, Ethereum is one of the top altcoins and has strong fundamentals but I doubt Ethereum can beat it but it's possible too |
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