I planned to buy some altcoins now that we are in a bear market but someone I knew is telling me not to, that its possible more dumps will take place, my question is how will I know when it's the right time to buy coins?
Hurry up to buy altcoins right now, because Bitcoin has also broken out from IHNS, so don't hesitate, altcoins will recover quickly, advice for you some DEFI coins, because DEFI altcoins are bullish, examples of which have not gone up Venus Protocol and Badger. I hope this helps dont create hype here without deep analisys ,moreover we are still in macro bearish trend and so far there is no reversal signal yet. i see current rise only correction after impulse down at 18k. personally i am prefer to wait and see in this condition and not buying any coins except for long term purpose and major coins. we still face uncertain condition which is alot altcoin move with unclear direction. alot whipsaw patter formed , and scam pump dump happen to liquidate or hunt stop loss. tonight Mr Powell will speak and its important for us to understand US economic condition so market direction will clearer. volatility will become crazy before and after this speech.
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In my opinion, ethereum is suitable for investment, because ethereum is a quality cryptocurrency, but of course when buying it must be analyzed first and predicted, that is, in order to get a good price. and in order to get the maximum profit in the future.
ethereum is indeed one of the best crypto assets that are worth investing in but every ETH buyer must be aware that the supply of ethereum is unlimited, so the number will continue to grow, unlike bitcoin which has a fixed supply. to get short-term profit, ethereum is still relatively good. ethereum supply didnt be problem for ethereum investors , since eth launched till now on they never care about it. no one talk about it. as smart contract platform , ethereum could generate demand from its ecosystem. this utility be main feature that be main concern by investors. gas fee that needed in each transaction be important make this coin survive.
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After running several bounty campaigns I have noticed that they only attrach bot accounts, multiple fake accounts controlled by one person or low quality accounts that can not even give adequate comments - it is not the same as it used to be back in the days in 2018. Where has all the quality crowd gone?
That is the very saddest part, but if the bounty manager set an conservative rules in all participants we can build again a trust ambiance and good project begin to jump in here, because they will see the quality, genuinely of the bitcointalk forum. most of them already catched by fake account hunter and day by day bounty campaign require high qualification participants and bounty manager set strict rules for all. its good progress so developers team get positive impact to their marketing which is this promotion will reach to right target. unfortunately while everything goes well , we met fake developers team.
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no one knows for sure about it. but everyone's analysis may be different, I can't guarantee whether after 1 year ago when buying and a few months we entered the bull market. say when we enter 2018 bear market, at least 3 years to bounce back from bull market. maybe if we buy it in waiting 1 year it means we have to wait about 2 or 3 more years. this is just my guess.
current cycle will be different will the last which is need 3 years to recover. we have more market participants from insitution and even countries that buying bitcoin due their legal standing. current bearish trend could over in next two months and bitcoin or altcoin price will start recover slowly. i am believe accumulate could start not with partial buying strategy.
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it all depends on when we buy coins, if the time to buy coins is during a bear market then our chances of getting big profits are for the long term with the hope that the bull market will also recover well, but when we buy coins during a bull market it's better for the short term due to current market trends it is great for making profits quickly due to relatively fast and increasing price fluctuations.
short or long term depend on what time we entry to market, some of us still come in wrong moment. when market being bearish or at reversal point , we buy coin so it could make us being rekt. Time or momentum was be main important factor for our trading or investment result. technical analisys will help us to identify this momentum , entry or exit from market.
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Currently, there are still many people who think that the last way to get rich quick is to invest in crypto so that there are many crypto paradigms that can make us rich quick, although there are also those who do it with luck and many also experience large losses during their initial investment in Crypto so they stopped to do it again but basically when we want to make any investment then the main thing is to research the product so when we start investing it is calm and also requires a process like you said.
crypto was good place for long term investment as long as we buy correct coins or projects but all of this could not make us rich only in a night or short term periode, alot sacrifice will take especially about lossing money in market. take a look people around us that invest in crypto , did they stopped or continue their journey in this market. only investors that continuesly keep research and observe in every project will get their success.
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Investing in altcoins is good but the problem is it is hard to identify what altcoins are good for short term or long term, i believe that no one can predict the future but most of the investors prefer on investing into altcoins that is high ranked on some coin tracking platform. Just do your own research and be careful on buying we are still in bear season and every transaction is very risky.
I think altcoins should be placed in short and medium-term portfolios. You see that, aside from the major altcoins like eth and bnb, the rest of the altcoins get replaced over time and a lot of the top coins are replaced by newer altcoins after each bear season. So altcoin investments during bear season are dangerous because they can be superseded and their resilience is very low. in bearish market actually be best moment to accumulate our favourite coins, but it not at early trend and should do at after bearish trend run for long term. in this condition selling pressure will decrease and also accumulation will be done by most traders or investors. investing on altcoin must analize bitcoin price too , when btc drop altcoin price could drop more. this is looks complicated for altcoin.
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most projects pull and extend their roadmap, and this hits the reputation of the project, if they did not have time, then somehow it is not necessary, for me it is important...respected projects must keep their promises.
progress on project developtment will influence their reputation and also trust from investors. alot dev team didnt care with their progress and as if it move slowly, without good communication investors will leave them and also selling their coins to move to other project that give good communication and progress developtment. start for now , we must keep give them critics to roadmap could be done immediately,
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At starts i make so many mistakes but now i get able to cope with it. At first i hold a coin and then keep holding it because i had no idea that time that if price enhances then we should sell that price to make more investment or to take out own profit. other big mistake i made was that i did not think about the price that is it high or low but purchase coin and it lets to a big loss and as the time proceeds so i realize these things.
all traders ever face this problem in their trade history so we should not regret or feel something bad. personally i am face it now , in my everytrade looks wrong meanwhile i am analize and following trend. maybe my psychology influence my trade so better refresh for a while.
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Solana quickly became a favorite among many investors, Does it became the next Ethereum
Solana had network issues and this year alone the entire network went down multiple times and for a promising network, it is not a great prospect to make them the favorite investment . Does Ethereum have the opportunity to become the next Solana should be the question asked now a days because a major migration is coming up in ETH from POW to POS and will see whether it will have any network outages as well . solana many times face same problem in this year and ofcourse their developtment team must do something to solved it, but i am not sure ethereum will face same problem after migrate to POW. the developtment was not about algorithm only , but as i know sharding will applied to . this feature will boost transaction speed due blocksize resize.
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to get a quick profit I think it's very difficult because in coin investment you have to wait a few months or years if you want to get a quick profit try trading or buying meme coins
There is no investment that can make a profit or make you rich overnight, that doesn't exist in this market. As you will see, investing in memes will not make you rich, but it will also make your money disappear more quickly than gambling does. Invest in cryptocurrency if you want to survive and profit from it, in addition to basic knowledge of the market you need to be patient, patience is the key to your success in the crypto space. If you are not patient enough, you will only be bait for the sharks. yes i agree and yes meme coin is like gambling when we can enter and exit at the right time i think it can be fast, all of that is high risk high return When investing in meme coins, we must really calculate it correctly because the risk is big, I think top coins like Ethereum and BNB are safe choices for investment, but everyone has their own decision shiba and doge maybe the only meme coins that worth to invest, and else was nothing , so risky for us. meme coins be trend when elon musk shilling doge continuesly so today when no more shill for elon , hype gone now. its temporary trend in my opinion , better buy layer 1 chain such as eth or bnb which is have demand from ecosystem.
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As we know the month of December has always been special for both bull run and bear matket so what's your plan for this December? Which altcoins are you going to invest this month? We need to take calculated risk since the market will either surge to unexpected level or will witness another correction phase or bearish market. I would select ADA as it has lot of potential and will surely trade in double digit.
December is a month full of history in crypto in recent years. may go up and down or bull dan bear. but we must be brave to take this risk. and surely we all want the best risk at the end of this year. your choice is the best because I have also kept Cardano as an investment because cardano is an altcoin that has strong fundamentals and the potential to grow in the future. December isn't always a month of bull run. Based on the history of crypto, the bull run usually happens every four years so we aren't sure if the same market situation would happen in December this year. However, I hardly believe that top potential coins will still strike a good spot. Of course, Bitcoin will still dominate the market and coins like ETH and BNB would be worth holding. i wish this year was different with previous december which is bullrun only due halving. i am believe current condition was different , we have more whales that from institution although most of them manipulate market. looks like we didnt need till 2024 to see bullrun and maybe if hit 17k , bitcoin will bounce hard and we see altcoin season.
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I think now is not the right time to buy altcoins because at this time many altcoins have experienced high declines and many people have lost very high assets.. so I think the right time to buy altcoins is in the next few months, and I'm sure to this year will experience a bull market, maybe at the end of the year. and choose an altcoin that is really worth investing in and choose an altcoin that has a long-term vision. so that it can help you get profits in the future when the bull market comes.
We need to wait for market signals until the end of this month or even next month, because the market couldn't break through the recovery movement reaching $25k in the last few days, so the market fails to hold on to the $20k area in the coming week then the downside price will touch $17k and hopefully we no longer see the price lower than the previous price. altcoin price now bleeding ,alot of them now drop till 20% . for some people it was night mare , but for those looking opportunity maybe at this moment was good time to accumulate. bitcoin price recently around 21040 , if it keep down and close below 20700 maybe it could crash make new low immediately. better wait and see what will happen to market and dont be hurry open transaction.
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To know a good bounty we should consider the time frame of the bounty, the amount allocated for the bounty, the manager managing the bounty, and the validity of the project doing the bounty campaign. There are lots of bounties today that offer a reward that is almost non-existent. They are requiring months of work but the reward is miniscule. Better learn how to calculate reward base on the participant number if the bounty offer is in stake form.
all of these didnt rellate with project quality , as bounty hunter we must concern to project quality , is it projects that will build something usefull or useless. alot bounty campaign with short time frame and also huge allocation but at the end it become scam project. personally i dont care about technical campaign but prefer on project quality.
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https://blockworks.co/do-kwon-breaks-silence-terra-luna-was-essentially-my-life/Do Kwon Breaks Silence: ‘Terra-Luna…Was Essentially My Life’ "Kwon, who moved to Singapore prior to the Terra crash, said he did so out of fear for the safety of his wife and child. Do Kwon stated that he did not plan to return to South Korea, moreover, he said that the authorities of the country did not contact him and did not file any charges. According to his version, his activity is just an unfortunate case, not a scam." i have same opinion with DO Kwon , its not scam but its speciall case which is some one know the weakness of ust stable coin algorithm and expose it for their benefit, i am believe for those did it early have alot profits now. in this case Do Kwon didnt get benefits from Luna scam ,even he still have effort to make it great again. maybe by living on SIngapore, SOuth Kore authority will not fire him , but its wrong if government to government have deal about this case..
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Metaverse is the hope to be able to make the position of cryptocurrencies stronger, at least there have been several successful concepts, namely Defi and NFT, if the metaverse can be successful then it is certain that cryptocurrencies will shine, of course it will take time to see it but I'm sure in 2 or 3 years there will be many projects successful metaverse.
metaverse is our future , and it still developtment stage just like Defi at early moment . while people realize metaverse needed by most people , it will be new trend and lifestyle for everyone. people would not talk it about gaming only , but it will a place for everything to realize their imagination so far. metaverse project in crypto markt will get more attention in 1 or 2 years from now on , .
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No coin made me millionaire yet but I made huge profit from Safemoon and Safemars almost 50x . I have invested small because of high risk. PYR also give me 10x. These was my biggest profit I made from crypto. Now I am not seeing any coins like this which will give me this kind of profit in short term. I loss in crypto because of this Shit market and now waiting for recovery.
if you want its repetated, buy pyr again and hold it till market totally recovery. Jamie as CEO andy the team work continuely in this bear market , the doing alot with their layer 1 blockchain and also game development. this project will be huge , even could be bigger than axs. with supply only 50 millions and locking system in their chain , supply shock will happen soon. i am waiting one more drop to buy and hold PYR.
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Hi, I was looking for a quality POW crypto after ETH migration to POS, that supports smart contracts. I found one, which is ranked..... 186 on coingecko. Did I miss something? Is there any other crypto that is POW and supports smart contracts?
For ERGO, I found the team is really solid, they've been working on it since 3 years, and the project is pretty much advanced and has already some use cases. I'm also in line with their philosophy and their roadmap.
The only unfortunate thing is that the price is pumping since very recently...
check hathor network too , its POW projeyct that also developt nano smart contract which is said will be best smart contract in cryptocurrency. recently they running test net and looking defi project that will run in their platform. for information hathor network having halving each year, at eary january its halve from 64 to 32 htr for each block, and next halving will be 32 to 16 for each block. next halving will be good moment for this project, it will run parallelly with main net , and investors will wait it.
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I once made more than 30 ETH at the end of 2017 which was sourced from bounties and trading profits, but unfortunately I sold all of them at around $200 when there was a bear market in mid-2018.
maybe i have more 200eth when golden moment for bounties, we never know this cryptocurrency will growth massively like this and ethereum or other cryptocurrency price climbing crazyly. maybe we know crypto market will be like this , our crypto assets never sold earlier and today most of us become millionare. but regret will coming at the end , and we still have chance to collect eth from any bounties or airdrop program.
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I'm sure many people here have the same mistake, that is not selling altcoins when the price is at its ATH in 2021, because that's what I felt and really regretted it! I don't know if I can recover or not, because I'm really frustrated
at that moment we were to confidence bitcoin price will directly hit 80K and followed by altcoin price , all position hold and not take profits at all. greedy make us loss our profits and maybe some of this position become negative floating. this is important lesson for us , always take profits to make our balance growth no matter it show slow progress.
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