Radix (eXRD) .Low marketcap ,on CMC around 400 ranked currently priced around 0.15$. This coin has an amazing potencial after mainnet to go over 1$ and after listing on binance or some other big exchange it can start booming.On some other forums they have an entire thread with more then 300 reply or so.The entire community going in on this.One of my largest coin supply i have Try it Projects that are through the BSC and binance are making good returns and this project can do more as the team are trying hard to make it a valuable project to a attract more investors. Binance is one spot for such short time profit.
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You only need to hold it and even then it doesn't necessarily have a profit, because the first rule, don't enter when you see the potential above the highest price.
Yeah not entering the market at high price won't be profitable but the challenge is that it is difficult to determine when is high and when to drop. Despite analysis made, it can't be perfect or accurate, so we need to pattern our risk appetite.
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some time ago the UK finance minister openly said he wanted to beat Bitcoin by creating Britcoin. This kind of statement only depicts acceptance of bitcoin. When someone tries to imitate the first, it means that there was a known, recognised and existing figure and this has been the reason for countries plus other social media giants are looking the direction of building a cryptocurrency for there own purpose. Bitcoin can't be compared to any altccoin and not even that mimicked by a centralised body, the government.
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Most of the altcoins that have entered the stock exchange, of course, always connect Bitcoin to have an exchange rate, of course there will be a connection when the Bitcoin price drops so some altcoins will follow suit. basically the role of Bitcoin in the exchange market is exactly the same as the USD which is the benchmark of exchange rates of other countries' currencies, therefore it is not surprising that Bitcoin is the parent of all the coins that exist.
Your comment about USD being a benchmark for exchange rate just as bitcoin controls the wave of crypto price is correct. This current drop of bitcoin price has also led altccoins falling out of profit they made recently. I think there is a little panic that people don't want to lose heavily as in 2017. Bitcoin has slowed down in volatility this week and also altccoins although few altccoins like dogecoin might sustain its profit because of Elon musk who is behind and giving support .
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In the aspect of long time hodling, I suggest ADA will do more returns and sustainability. But others can be good for your short time profit. And now can be the good time to buy ADA because it may pick to its peak anytime you can't imagine.
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Op , you need to wake up because many government are using bitcoin, they have seen it is unstoppable. Peer 2 peer transactions makes it more difficult. My advise to you is if you can't hodl a fraction of bitcoin then you go hodl some crypto because prices you seeing today are going to increase more after another bitcoin halving.
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It is clearly due to correction. The run wasn't supported enough and leads to sudden dump but I guess it would be long enough before it bounce back.
Yes correction could be responsible. Although correction is usually caused by many factors which either continuous bull can be one of them and price can just start dropping as investors start going out. It can also be traders watching out for support and resistance areas. In instance, price couldn't sustain itself around $64,000 and I think when that happened, many investors start taking an impatient decision to sell. Another factor may be a little kind of manipulation by whales to dump and wait for a sloppy downwards move.
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In short, investing in bitcoin can disrupt real sector investment.
How do you mean on this? I'm yet to understand that. Are you saying someone who invest in bitcoin will find it difficult to invest also in real sector or what do you say ? If it is your point, then I say it helps you to diversify. It does not disrupt if you have money, you can also invest in other business.
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Bitcoin is down. All crypto will go down this month Look at these charts. We entered a bear market for few years price 99% down soon.
You need to do more study and research about the cryptocurrency. It is not able to be predicted and you can't do that either. This is a playing field where you should play as you see the ball and not assume it. Therefore, you need better knowledge or you show prove of your analysis and your reason for your fud you creating.
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Miss Dogecoin? Time To Invest in Tokens Less Than 100 Satoshi On Binance
If you missed the dogecoin journey then it is time to invest in tokens less than 100 Satoshi on Binance. Find Tokens having less than 10 million marketcaps.
It is not always good to rush because of the missing of doge bull. Buying less value coin isn't a sure way to bull but to know if the coin is backed by a whale who is influencial like Elon musk. The team behind the coin is also important and technology. So don't just buy a coin to chase doge hehe.
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The bitcoin risk for me is the price instability and this is surely what some are scared about and miss out in the benefit. For the risk takers, they are the investors that have eventually benefitted from bitcoin. Well about the price instability, a better knowledge about the purpose of bitcoin will teach us that we can't do anything about it. Either we take the risk or stay back while others go in. Is a choice however that we make that determines how we ball in the future.
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Thankfully with the peer2peer system it's quite easy to withdraw any amount in the next 5-10mins and get instant credited although thses few last weeks, the banks are making it a little be time cosuming due to their network issue.
In terms of the slow network and services in the banking system, I think you can do more of mobile transactions in fiat. In this case you can send mobile bank details to the second party you are transacting with especially if it is a country man or someone that can buy in local currency. With this it is more easier because you have fiat in your mobile app and anywhere you go, you can buy, sell and be comfortable with life. I mean, this is even the good thing brought by bitcoin cryptocurrency and digital transaction.
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Crypto currency round the world has come to stay, to foster growth in business and build trust among its users but most world leaders are head bent on tackling bitcoin by making difficult policies to affect its stability, but little do they know that this policies of theirs make bitcoin to become more influential among other crypto ,making it scarce and the most sought after crypto currency thereby making the few people that have it to hod and inflate the price to which ever amount they wish to sale on peer to peer bases...what do you think
I think for me it is not government policy that is responsible for these imaginable bitcoin and crypto growth, rather it was time for the growth. Bitcoin growth isn't even accidental because bitcoin is 10 plus and it has a record of increase after halving. Halving is very instrumental for its growth. And simply, many people, institutions are now using bitcoin. Remember PayPal and many others not even necessary to mention are now accepting bitcoin transactions. Is that simple to see price increase because of the demand and supply order.
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Alot of traders who hold valuable tokens with good value are hesitant to sell when in need because of the longer term, but it is wrong. Sell a token if you are in need or have needs for funds and have it at the back of your mind that once you are back in shape, you are buying the tokens back to keep your long term vision alive.
What you should not do, is sell a coin because you are expecting a dump (unless you are quick enough to buy back before a bull rally). Always dyor. Have you been in such tight spots as this before ? Can you share how you escaped it ?
You know some coins don't get back to their earlier kick off time, they don't go back to beginning, like saying "they don't remember the little beginning", they despise it slot. Of course who wants to stay down there lol. So they fly and look bigger and if I seller has the intention of buying back, they may not get it as same sold price. My suggestion there is not to have the hope to rebut a particular coin so not to be heart broken if you don't get that price or to avoid buying in high price and price crashes. I advise that after sell of coins, focus on buying another quality coin and if lucky that the sold coin dropped at the time you are ready to buy, you can still get it.
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I'm not really familiar with analysis software, if I want to analyze a coin I better use candle patterns. And I combine it with the MACD indicator, and I am always satisfied with the results. But you must understand that none of the analysis models are 100% accurate.
This is the most simplest kind of analysis even for learners and hodlers. I don't know much about trading but I try to watch the candles on a long time to predict how long I want to hodl or if I want a longer time hodling. And as you said, there are no perfect way to hodl, the market goes up and comes down at some time, like bitcoin is bouncing to to $54k from $64 last week.
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Bitcoin is enjoying the moment and is not looking like anybody want to start talking about its fall or go what extent it can drop. Everything is going for bitcoin except for few countries that want to deny their people the opportunity to benefit on it but that has not shown any sign to slow down. The hodlers also have not had the feeling to drop their coins because sentiment is still good for bitcoin, at the moment no negative news.
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I watched the hodlers but your fears are not tenable. Your fwar about if the whales dump but remember the whales were not the reason that the coin is bullish. Also, the whales won't dump at the same time. And if you look at the order book, you can still see lots of buy orders. In fact, their are queue for buy and sell which is the reason that volume is growing. The supply of doge is large and dumping won't be significant to cause panic because hodlers already understand the supply. And how can you be sure most of the addresses are still active hodlers. I mean if they are still hodling keys to unlock the wallet and if they are still alive Dogecoin is highly manipulated by the whales which is the reason why it is so hard to predict.
Every coin has whales and they are capable of creating fud , sentiment or by go the coin.
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where do i go ? i have a great knowledge TA and charting . and knowledge of blockchain and e other important concept . kindly help me ( i dont know which emotion dont letting me in maybe its greed or maybe i am just going for gambling ) i am expecting too much i dont its normal or stupidity . where do i get started with confusion help me ? Yeah is not called stupidity but is called greed and that is the challenge you have, every other human being will have it if they are greedy. Being greedy is a challenge to life itself so you should learn how to take care of that. You talk how you are doing TA right but your emotions is taking larger percentage of your decision. Learn to control your emotions and you can be better in your decision.
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Here's the answer mate https://coinmarketcap.com/ check of the pump really continues or just dumping already.. but Hey there might be a changing position in the next days but make sure you are ready to what will be the activities of the market as it is changing continuously nowadays. I hate to say this but there might be a Bear to come this 2nd quarter. How will you differentiate between a dump and a correction ? Bitcoin is at 55K today and you think it is a start of a bear market. As long as bitcoin is above 20 weekly moving average , we are in a bull market and currently the 20 weekly MA is at 42000$. I think he refers that this correction is including of the bear trend. This moment always comes to the crypto market and it is normal to see the price will go down after reaching the highest price. But we will see another pump for bitcoin and that will happen after this bloody drama. This moment will be good to buy more bitcoin because we can see the price touch $54k. But unfortunately, we do not know how deep bitcoin price will still go down. Maybe below $54k or any price, so you better be careful. Except we didn't follow the last 2017 bull and bear that caused real panic to hodlers and they dumped more in losses while price kept fallin. At the moment bitcoin touched $64k and down to $54k, that can't be called a bear, is just an 11% which can't be compared to bitcoin bull move. IMO it is still in bull and when hodlers dump, it takes another dive after a while. So we may see $70,000 on any further bull.
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