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Do you mean investing in the mining hardware? If yes, I do not think that will be worth doing because we know that the hardware companies release a new graphic card almost every month and the mining companies can also release the newest hardware to mining. So maybe it will be better if you allocate your money to invest in coins such as bitcoin, ethereum or bnb. That will be worth doing since bitcoin and altcoin can increase again this year. But that is up to you because we can only suggest to you what is the recommended thing that you can do to invest in crypto.
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With there being thousands of coins all earning diferentes APY percentajes ir can be hard to choose which coin invest in to get passive income.
Share your experiencies
The top coins I recommend for myself are the ones that hold the top spot on CoinMarketCap's list of top 20 coins. These coins are ETH, BNB, DOT, LINK, NEO, UNI, TRON, DOGE, etc. I chose this coin because it has a strong background and large market cap and also has a large community that loves to invest and hold this project coin. I like the list of your coins and I think some of that coins have a chance to increase more in the next altcoin season, especially for ETH, BNB, DOT, TRON, UNI. LINK and NEO can be the next coins that can increase later but I am not sure with Dogecoin since Doge already reached the highest price before. Maybe Dogecoin can get another pump from some people so that could be another time to sell your Dogecoin. But you must give big attention to having more bitcoin as we see bitcoin have a big chance to increase more than $67k in a short time. |
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Bitcoin is correcting the market price again after breaking through the highest price of $66k, it turns out that the price has not been able to penetrate the $70k price and has fallen again at the current $60k price. it seems that investors have had enough of the profits they have and are afraid to lose them, so investors try to sell at the highest level, so the market falls a little.
I think this is normal and usually after a correction the price of bitcoin will reach a higher point. currently the bitcoin price has gone up again and this might be an early indication that the bitcoin price will experience a positive trend again and will break through $67k. Normal and that's the reality, and sometimes we are surprised, also indeed in fact after touching a new ATH, it will not be far from that. What is clear is that Bitcoin is not finished with its great side, there are still many opportunities ahead to touch new ATH. Prepare ourselves for a shining hope surrounded by better news. We should prepare for the next thing that will happen to bitcoin because the new ATH last week can trigger bitcoin to increase and lift the price to the next new ATH in the next months as bitcoin still have 2 months before the end of this year. So many things can happen to bitcoin and hopefully, we will see the new ATH at the highest price and maybe that can break to $70k-$80k. This correction is already done as we see the price increase from $60k to $63k but we still hard predict if the price will increase or get another correction. |
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I do not yet use the Newscrypto app but I already visited their site to know about them. But unfortunately, before we can get more information about the project, we need to register to search for more information. I do not use that tool from any website, but if that tool can really help me gain a benefit or profit from trading, maybe I will consider using it.
If you already benefit from the tool, you can still use the tool and try to increase your profit using that tool. But remember, you still must learn more about trading.
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If warren buffet believes in crypto just like how Elon use crypto to multiply his assets , Warren should be the richest man on earth until today.
We don't know about this, Buffet isn't the same as Elon. So, there is no guarantee Buffet can be successful in crypto. Elon has done a brave decision to invest in crypto, buying Bitcoin for Tesla and he also used a good strategy. Elon even used his popularity to influence crypto market, it was a crazy thing. If Buffet invested in Bitcoin, I don't think he will be the same way as Elon did. between buffet and elon is different, maybe buffet has a different view on cryptocurrencies, so he doesn't seem to focus on crypto like elon. maybe now Elon's wealth exceeds buffet, but something we can't fault is that they are successful in their own ways and with their own beliefs, until one day they are at the top together. I doubt if Buffet misses the opportunity to make more money from crypto because, as an entrepreneur and one of the richest people, he will get advice from people around him about crypto and invest in crypto secretly. Maybe Elon can be one richest people in crypto but who knows, the title will change in the next year as with growing of the crypto, that will attract more richest people to invest in crypto. They do not want to be late to decide to invest in crypto, especially they already saw what happened to many people who already invest in crypto. |
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<snip> ~~
Damn, you have to create a channel on Twitch then publish it on youtube who knows the stake is sponsoring you  Hahahah Nice Idea, but I'm just a small bettor, so probably there are not many people who will like my videos You'll surely have the support of bitcoiintalk members. I believe there will be lots of views from bitcointalk members from the start of your channel. From your luck and success on gambling, you'll attract more investors regrdless if they're small gamblers or big gamblers. Also, you won't be a "small bettor" if it happen that Stake starts sponsoring you just to play and stream your games. Someday, he will get the sponsorship from the casino because I feel he can do that, especially if he upload more videos about his play. We know that the more videos that we upload, the more chances for the audience to come and watch the video and that means a promotion for the site and the site will visit his channel and see if he can help them promote the site. Besides that, all things start from the small thing (one step). After what he got so far, I am sure he is not a "small better" anymore but some "intermediate gambler" or a "big gambler" for most of us. |
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There is one bet that caught my attention Will Dogecoin's price reach 1 USD by the end of 2021? a lot bet on Yes more than 75%. Many predicted that this meme coin could exceed that price when it was pumped around last May but everything became different after the price fell back more than 50% from ATH, we'll see if this will happen. Expect those kind of perceptions towards market price whenever theres some ATH reaching situations or all time records which people do really get Fomo'ed and reaching out those numbers which it seems a very impossible to believe or hard to achieved which it isnt surprising that they do really think that it could reach out that point? Havent they able to reconsider about correction? Well, people are really exaggerated on making out some guess. When it comes to market people are like that, the market is very exciting to watch especially if you are holding a big portfolio, you are glued to it every hour checking each price and wishing for a big pump, holders are not considering analysis like price correction all they do is to HODL their coin and wish and look for another pump in the market, the majority are like this. Sometimes, if I see those conditions, I do not watch the market closely instead trying to place my order and let it be like that. Maybe I am not placing the order sell at $1 but less than $1 but not too far than $1. Maybe $0,5 or $0,6 will be my price to sell for Dogecoin because reaching $1 is not easy unless a big pump comes to the market. It is normal to see people have a big expectation of having a big profit for one or two coins because they see what happened to the coin in the past and consider that history can back to happen in the future. They reconsider the correction that always comes after reaching the high peak, but they still hope to see the coin reaches the next high price. That is why they still buy the coin at a big amount. |
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I guess bitcoin is not causing chaos in the world but bitcoin offers a good opportunity for people to make money from a new source. That will depend on how people can use bitcoin but if they can use bitcoin as their source of income, they will have that chance to make money. Maybe the process of bitcoin mining will trigger the newest energy as electricity consumption can increase if people use it for mining bitcoin. So without having a low fee for electricity, people will not make money from mining.
The revolution will be there and it always happens from time to time, especially if many people feel that they can not live better for a long time. Maybe the presence of bitcoin can change human lives in the financial field and change how people will pay.
But yes, only time will tell and show to us while the bitcoin journey is still on a long road.
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cointelegraph and coindesk are good websites. they always share the latest and credible crypto news. but often news websites like this publish predictions or analysis about the market. they share the analysis they make every week. and on average the analysis they make seems like the market will always be positive.
Seeing all that, I wondered if anyone would believe the analysis shared by news websites. I personally see their analysis as less realistic. every prediction they share is too pushy. such as the shilling effort for a certain coin. so I don't believe it. what about you guys do you have a different opinion?
I do not believe in 100% of the other website or person analysis but I use their analysis to analyze more and find something that can benefit me. If I do not see something, maybe I will not follow their analysis and move to the next coins. I think that depends on yourself because you should find yourself and not depend on the other analysis. If you can do that, you will get something for yourself and improve your skills in analyzing the market. When you have skills in analyzing, you will not depend on them instead, you can analyze by yourself to find the right coin. |
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So I keep hearing HODL, HODL, keep holding and all that. My simple question to everyone is "when is actually the right time to sell Bitcoin or we don't ever sell it"?
How then do we say we have made money from it if we don't sell?
Only you that will know when to sell your bitcoin. If you do not sell your bitcoin, you will not make a profit. If I were you, I would sell my bitcoin at the highest price and buy back when the price is dropping to have more bitcoin. You do not make money if you do not sell because you still use fiat money. It will differ if you can use bitcoin to pay because you can pay directly using your bitcoin. |
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Why does btc growing faster than other Cryptocurrencies?
That is because of supply and demand and the news releases to the public. What makes people chooses bitcoin?
Because bitcoin offers a big profit in the future compared to the altcoin and bitcoin is the leader in the cryptocurrency. An altcoin is behind on bitcoin and wherever bitcoin moves, the altcoin will follow. Does bitcoin going up forever?
Bitcoin will not be going up forever because the price will always fluctuate (so far). After bitcoin reaches a high price, the price will get correction and down for a while or some time but it will increase again soon. |
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Those newbies attract to crypto because seeing other people who can make a lot of money quickly makes them think they can do like them. Yes, they can do like them and get big money but they must know what those people did to not get the wrong way. Most newbies follow the other people in a local group chat and read about how they make money so they follow what they said without searching for more.
Bitcoin price can make new ATH which means, they are making a lot of money if they buy at the dip but many new people buy not potential coins so they do not see the profit from that coins so they regret it. But if in the first start, they buy bitcoin and just hold it without tempting with the other offers, they are really making a profit from crypto. Hopefully, the next new people can learn about that so they do not make the same mistake as the previous people.
Do you mean buy only bitcoin in order not to make a mistake? And if I understood you correctly, it is not good to buy now because bitcoin is at ATH now. It follows that now you just need to wait for the moment when bitcoin drops in price and then buy it. But what if this does not happen and bitcoin will only grow in the future without significant drawdowns? That is because bitcoin will rise higher than altcoin and not worry him if he buys only bitcoin. Besides that, when the altcoin is down because following bitcoin price, the down can be a deep down and the risk for losing the value of the coin will be bigger and he can wait for a long time before the altcoin price increase back. But if he buys only bitcoin, the price can rise back to the last high price and sell it whenever he wants. He can wait for a while to buy bitcoin as the price now is increasing. |
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Nowadays we need to be careful when publicly admitting to owning Bitcoin. A lot of crypto traders have been receiving threats as in the case of Daniel one of the guys from Chart Champions. Things are escalating as, apparently, a 14-year-old kid from England got kidnapped after bragging on social media posts about having lots of money made from trading cryptocurrencies. That's why I don't like anyone to know I'm in the Crypto business. If you have any investment, you need to be careful about your income, especially not share the income in social media because, in your status, all people in your circle can read that. We do not know who the bad and good people are, and if they have a bad intention, they can start doing something bad to us. It is better we keep it for ourselves and not easily share about the income from crypto or other sources of income. It is one of the preventive ways that we can do to prevent bad people from doing something to us. There are people who are also aware of the dangers actually but are still willing to share how much they have on their wallets like the crypto influencers, I'm sure some criminals may be watching them already with plans to torture them or their loved ones. That dogecoin millionaire could be a target for these criminals, I wonder how safe his neighborhood is because he appears on interviews and shows off his robinhood and coinbase wallet. Its not worth the fame when after that you are going to keep watching behind you when you are alone walking on the streets or eating in a restaurant. That is why showing off in public will not be good as we can be their victim of the crime which we do not know who are. Hopefully, they can protect themselves and their wealth from the criminals and hide it in a secret place. But still, once we are showing off our wealth in public, sooner or later, we can become a target, especially if they know our neighbourhood and watch our lives. Maybe keeping our investment without telling others will be the best thing for us, especially if we live in an environment that we really do not know. Even that, a crime can happen anywhere and anytime. |
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I hope that will not just happen for the altcoin but with bitcoin too as bitcoin price shows a good movement this month. And if the altcoin season can come along with bitcoin, that will be great news because we will make a big profit from both bitcoin and altcoin. But seeing what altcoin get in this month, I am not sure that could happen as this month is almost the end so maybe the next month could be a good time for an altcoin to increase. Some altcoins have already increased slowly but it is still hard to predict if the altcoin will start the rally.
The month of October were only 6 days left before it ends and based on what I have observe the altcoin market currently some altcoin are made it's way to pump some are not. I don't think so that this month will be for alts because bitcoin dominates the month with a significant increase in market price. No one can actually say when will be the month for alts to happen. the market was so volatile and unpredictable but I do hope that before the year ends we could see significant movements for alts too because it would be beneficial for many of us. We will see it later as sometimes, the crypto market can give surprises to us, which can be out of our expectations. Hopefully, the altcoin can follow bitcoin to increase so we can make a double profit. But I agree with you that no one can actually say when will be the month for altcoins to increase and we can only predict the time. If the altcoin moves after bitcoin reach the high peak, that will not be a problem as we can profit from bitcoin. |
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I want assurance so I will not bet for Underdogs instead i will go for the ranking one and I know most of us do the same thing , there are only few who bets for the underdog to risk their money for a small chance of winning. I think I will support the underdog player if I do not know both players because the underdog player can have support from the people who watch the match and sometimes, the underdog can give surprises to the audience.
But if you do not want to lose any money, you do not have to force yourself to choose any player who will match and only place your bet on the player you will know. That will be safe for your money because you have knowledge about the player and know how big the chance is for you to win.
that is a smaller chance mate but of course you can do bet for underdog with higher risks. Yes, you are right. That is why only you will know what you will do with the underdog player or team because you can decide what the best for you is. Maybe we will bet for the underdog with higher risks or vice versa as there is no force to select which team to bet. Maybe some gambler will bet for the underdog with small risk just for fun in the sports betting. |
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I do not make money with bots because I do not use bots for trading or use copy trading to trade. I prefer to trade manually by myself because that works for me now and I can manage the risk by myself. It is not easy to adjust the bot setting because you need to check the market occasionally and change the setting if the market moves differently from your setting. If you think you make money from the bots, you can continue to use the bots because you know how to set the bot to work as you want.
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If Binance promotes the Shiba Inu Token, I think something good will happen to the Shiba Inu even though the promotion carried out by Binance on the platform is a natural thing to happen and other exchanges have done to tokens or coins like what Coinbase has done even though it's not Shiba Inu.
Maybe it will happen to Shiba so that makes the price increase for a small price now. No wonder that the price slowly goes up as many people will be attracted to invest in Shiba. The price is still not too high to buy right now but maybe it is better to wait for another correction to buy at the other lower price. I wonder what will happen to Shiba this month or the next 2 months later. If Shiba price really increases, Shiba can get the top ten position in the crypto market since Shiba now is at number 11 at Coingecko and number 13 at CoinMarketCap. |
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Nowadays we need to be careful when publicly admitting to owning Bitcoin. A lot of crypto traders have been receiving threats as in the case of Daniel one of the guys from Chart Champions. Things are escalating as, apparently, a 14-year-old kid from England got kidnapped after bragging on social media posts about having lots of money made from trading cryptocurrencies. That's why I don't like anyone to know I'm in the Crypto business. If you have any investment, you need to be careful about your income, especially not share the income in social media because, in your status, all people in your circle can read that. We do not know who the bad and good people are, and if they have a bad intention, they can start doing something bad to us. It is better we keep it for ourselves and not easily share about the income from crypto or other sources of income. It is one of the preventive ways that we can do to prevent bad people from doing something to us. |
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It's true, altcoins with low market cap are very easy to be manipulated by one or a few whales, it causes technical analysis to not apply to altcoins with low market cap.
Technical analysis can be applied to coins whose fundamentals are already good.
The whales can play pump and dump as they want, making the analysis may not work. Maybe you can follow where the price goes. For example, if the price is down, you buy. And if the price is up, you sell. But there is no guarantee when the price will move or the sign for the coin to increase or decrease. That makes the analysis hardly to apply and maybe you can only use your feeling based on the coin situation, which will be too difficult to guess the movement. |
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I hope that will not just happen for the altcoin but with bitcoin too as bitcoin price shows a good movement this month. And if the altcoin season can come along with bitcoin, that will be great news because we will make a big profit from both bitcoin and altcoin. But seeing what altcoin get in this month, I am not sure that could happen as this month is almost the end so maybe the next month could be a good time for an altcoin to increase. Some altcoins have already increased slowly but it is still hard to predict if the altcoin will start the rally.
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