We cannot determine if it is too late or too early to invest in cryptocurrencies under the current investment strategy. Since BNB is a native coin of the Binance exchange, there is no question that it has potential. If the entire cryptocurrency market doesn't crash, they won't let it down in the least. Since we are unable to provide suggestions, we may only express our opinion. Because investing in cryptocurrencies is risky at all times. BNB coin has solutions such as reduced trading fees to Binance exchange and gas fees. In light of other currencies, it is a fairly powerful coin. We are unable to predict prices with any acceptable accuracy.
Despite some difficulties that the Binance exchange has been experiencing lately, its BNB coin is very good for investment. Especially now, when the entire market has plunged into crypto winter for the second year already and prices are now relatively very low. Therefore, BNB is now worth buying. At its current price of $289, the price of this coin could again double, or even more. I think bnb is an altcoin that is worth investing in after bitcoin and ethereum. we know binance still rules the exchange today, where its reputation is indeed trusted to this day. therefore bnb is a suitable altcoin to buy at this time. especially now that the market is not good, so it is an opportunity to buy it, so that when bitcoin increases, BNB will follow it and that means we are profitable, all we have to do is take profits or continue long-term investments |
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Doge coin's potential and future is highly speculative, as its value largely depends on its popularity among retail investors and influencers. While it has gained significant attention and support from some well-known figures, its long-term sustainability and adoption as a viable payment method remain uncertain.
And it is highly probable that this is going to remain the case for dogecoin, dogecoin has some utility as a form of money but at the same time most of its value is not derived from its fundamentals but by pure hype, and as long as this hype exists its value will be high, however the source of its value is not reliable, if at some point another coin appears which captures the imagination of the people then the hype for dogecoin could decrease to the point it never recovers, and all of those still holding a lot of dogecoin could become nothing but bagholders. influencers and momentary investors who can increase the price of doge. but this is indeed very speculative, considering that many of the coins in this condition cannot recover. Moreover, the skyrocketing Doge was previously caused by the influence of Elon Musk, which influenced many people to buy it and in the end, until now many holders are frustrated due to the deteriorating market. moreover bitcoin has not shown positive sentiment, of course it is difficult for its steps to skyrocket |
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I have 20 million but haven't bought any for over 6 months as I only bought at the time as I was fairly new to crypto and it was low compared to its all time high but I now understand market cap etc.
With its current market cap at $6.3b, how high can this realistically go? Is $100b possible? That would give it a 16x from current price if so which would be good.
With the release of Shibarium due this year I do think this will see the price rise but how much im not so sure?
Whether or not Shiba Inu can reach that price will depend on factors that are not under your control, if the community of those holding Shiba Inu are able to hype their coin, then reaching something close to what you are predicting could be possible, but at the same time if we saw the rise of a new meme coin then this could take away a great deal of the attention from Shiba and in that case Shiba will no be able to reach such a high price. even though it seems difficult to get up or even form a new ATH, at the moment market conditions do not yet allow for FOMO, therefore I think the current price will be able to rise again if market conditions, especially bitcoin, also improve. that's when we will know shiba's performance. but my advice is to buy a wise portion for shiba, because the main virtue of investment is the security of the funds that we manage, not the pursuit of profits that are beyond logic |
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I tried doing an airdrop hunting a few months ago but I ended up feeling upset with the result because most existing airdrops nowadays are clearly scams. They will asks for your details including your social media links and would ask you to do a lot of tasks but the payment isn't clear.
If we will look back on the airdrops that we had a few years ago, airdrops nowadays aren't that profitable anymore. I find it a waste of time so if you want to make a profit or earn good coins, better find other alternatives and opportunities in crypto world.
The market has changed a lot, and I can confirm that the old airdrops or bounty campaigns are dead, I mean, they are no longer profitable for us, we are just wasting our time. Nowadays, if people want to get started with cryptocurrency, the best way is to find an outside job and save money to invest. Never think that we can earn free money with just a few simple steps, those things are long gone. This is an investment market, money makes money, so nothing is free. now the climate is different for airdrops in the past and now. if we only depend on income from airdrops it might feel heavy and true like a waste of time. on the other hand for prize campaigns are also not good in terms of income. therefore no matter how much income we get from all of this, of course we have to invest some of it. and I think this is an effective way for now and start to learn trading. especially now that more and more hunters are joining, of course reducing the portion of the prize |
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On this market, a disciplined trader will always prevail, and I'm sure they are confident in their abilities. Though a proper mindset should be learned by everyone, not just a trader, by everyone who is investing their hard-earned money, this is a terrific insight and piece of advice. Although patience is a virtue, you will still lose money if you lack discipline.
I want to understand exactly what you mean, because with this scenario I'm very confused concerning what you are saying over this In that context, OP is saying that as long as you are a disciplined trader; and you are confident, you will make it in every aspect of finance and life, be it normal business, or crypto currency trading. A man without patience will always fomo and run at loss, while a man confident in his abilities and is very discipline will continue to thrive,. Remember, discipline helps you learn when to stop or start! We can make things right when we are discipline in all aspects of life. When it comes to trading, the discipline also comes along with the eagerness to learn everything and we could use that as an edge to be successful in trading. If you don't have patience, trading will not work well for you because an impatient person can always commit mistakes when it comes to decision-making. with discipline we can know the development of our trading style, because of course we can learn to trade in a healthy manner, in which we adhere to the framework that was previously made, so that finally we can assess whether our analysis is correct or still needs improvement, on the other hand it is not easy to find the right analysis according to our trading style, which means the need for experience to eventually become a successful trader |
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I was thinking of these everytime and I never found any answer to it yet.
I was on one of the trading app call Deriv Go and I had lost then profit and I using the highest volatility 100v and it was MT5 and I stoped because of the lost I had and I want to ask if it has type of trade that someone can follow to make profit from.
What you are referring to is most probably an options trading app or platform, and let me tell you one thing, don't ever fall for the fancy and profitable advertisements these platforms create on social networks to lure in new users to make investments in order to win big. Options trading can be too risky, and you can lose a significant amount of money in it if you are not properly trained or experienced in it. You can find a lot of channels on YouTube that do options trading and post videos, they also teach techniques and ways of doing it, but I still wouldn't advise you to get involved with it. It is better if you learn about crypto spot trading and invest in that instead of options. many complain about options trading, even though many tutorials seem easy to do and immediately get big profits and multiply, but in the end you lose, limited time is not a good idea to trade, it's like just guessing, and the market moves like it shouldn't. it is better to do spot trading, we can adjust the strategy according to our trading style, so that we are in control of ourselves, until we find the right trading style and can provide consistent profits |
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I guess for someone to call him or her self a trader you need to control your emotions right, now after having that emotion in control and other basic things a trader should know you have all under control and still loss more then getting profit.
*What else is required for such a person to control,is it still his or her emotions or what next?
Emotions are one of the factors that ultimately make us lose money when trading, but just being able to control our emotions doesn't mean we are recognized as good traders because basically for trading we have to be able to master all the basic knowledge well, such as being able to make strategies wisely and can make the right decisions about our trades when market movements do not go according to the initial strategy we made when entering the market so as not to lose. a good trader is a trader who can trade in a healthy manner, in the sense that he can control his emotions to reach targets or cut losses. especially with planned money management, trading safely and comfortably. to be able to enjoy trading, of course, it can be done for those who are experienced, so don't trade blindly. profit or loss is something that usually happens and until finally we can trade with the end result profitable and can be done from time to time, because no trader is never wrong and always succeeds in every transaction |
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Emotions play the most important role in determining trading success. many people were greedy so that in the end the price dropped again and did not take profits, on the other hand many people let the floating minus even though they had left the work area because they did not want to lose money, so that in the end there was a selling panic. it is very difficult to deal with psychology like that and have to do a lot of practice in trading
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I buy Bitcoin gradually when I have money and want to add to the Bitcoin that I have. I do hold Bitcoin for the long term, and I don't do much to set a buy price. when the price drops I will buy it. somehow I always think lightly when I want to invest in Bitcoin. I feel a different kind of pressure when I want to hold altcoins.
Bitcoins are best to be honest, when it comes to hold it for long term. Altcoins are less stable and have less marketcap than Bitcoins. So if you are thinking to hold it for long term, then Bitcoins will be the best. Moreover regarding the best time to buy Bitcoins, then let me tell you that there is no best time to buy the coin. Whenever you have enough money, buy the coin irrespective of it’s price. Bitcoins are way more valuable than what price it is now, so if you are able to buy the coins anywhere less than 30k usd then consider yourself lucky. Buy as many coins as you can and enjoy later. as long as you have high patience and what is used is cold money, then I think whatever is a good time to buy bitcoin. especially if you buy it in stages if you have money, and buy it at $ 60k, then someday the price will exceed the last ath, and you can buy it back at the current price, so you don't have to worry if you have a different purchase price, of course if for the long term it is still very profitable, what mostly happens is that people want to get profits fast and big, so when bitcoin crashes they panic and end up losing |
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There is nothing that brings fast money and wealth than trading,especially when you invest a huge amount of money,If the market goes successfully,then the amount recieved will be very huge ,and it will change a lot of things about you.Trading is very essential for people looking forward to becoming successful in life.I know there are sometimes when the market is bad,and it makes trading very risky,but when luck wants to be on your side,everything will work smoothly,and you will win a huge amount of money as expected.But it's just always good to try first.
This is not easy, even if you have the money you can’t still make some profit if you are not knowledgeable enough about how trading works, so better no to fully rely on this. Trading can’t make wealth in an instant, it will always take time because losing in trading is normal as well. If you do focus on your strategy consistently, then there’s a higher chance of getting more profit and probably you might be able to reach your goal in trading. the main capital in trading is knowledge, and this knowledge includes psychology, money management, and trading strategies. of course it's not easy to master all of them, unless we invest, maybe just choose the most influential coin and hold it until one day it makes a profit. but if trading with a large amount of capital and minimal knowledge, I think this is the same as gambling, and eventually going bankrupt. in trading we have a portfolio, so we use it as a reference for our achievements in a healthy manner |
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One of the mistakes traders do make which I have made in the past is to be looking for a better profit. A good example is when having $1000, looking for a way to make $100 or more daily. That would be when leveraging it will come to mind, but leveraging is one of the reasons some traders find it that they are continuing losing.
As an experienced day trader, or a scalper, if you have $1000, what profit will you be looking for? Also what amount is your stop loss? What leverage would you prefer to use?
Recently I find it more profitable to earn just $5 daily either through scalping or scalp trading that is turned into day trading. I am not using altcoins for this but bitcoin.
If you are a day trader and you are using bitcoin to trade, if you have $1000, how much profit are you expecting daily? You may not use $1000, you can use percentage and I will understand what you meant too.
in leveraged trading the use of money management is highly recommended, so we must trade in a healthy manner. in other words, setting a clear stop loss, for example a maximum of 5%, and it depends on our trading strategy. on the other hand, use a realistic target, as you stated 0.5% per day, and I think that way your trading will be more relaxed, so this will affect our stress level, where our healthy minds will be more awake |
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When Bitcoin goes up it is also followed by Ethereum so with that moment Ethereum can overcome the previous ATH,
but apart from that Ethereum remains one of the viable options for investment and profitable,
We'll see how it develops and it's interesting to wait.
Ethereum will be profitable or not depends on at what price you have bought it. Last year Ethereum went below 1000$ in the mid of year, anyone who has bought eth at that price is in profitable at the moment. This is very much true that price of all Alts including Ethereum is binded with bitcoin price moment. Ethereum can go up provided bitcoin also go up. There won't be any solo Ethereum flight. I think patience when investing in ethereum is really needed, considering that this altcoin is the closest to bitcoin, so in terms of security, this altcoin is the safest in my opinion, and also if we can wait a long time with no certainty of time, I think profits will be easy to achieve . for example we buy now, then the possibility to fly is still open, considering that bitcoin has seen a recovery, although no one knows whether this is a correction or not |
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Prediction is an integral part of the market. Anyone can make a prediction and most of the free market will decide. Is there any basis??? 30$ at 2050? which is always a common situation in the altcoin market these days  . Although, BTTC has a single integrated platform for decentralized data sharing and was recently acquired by Tron. The development of cryptocurrency is highly competitive, relevant, user needs change constantly, with a series of utilities of bttc that will compete with Filecoin, Arweave. There are also quite a few other new projects with bigger prospects like ETNY. I think the door has just opened to the space for Web3, where decentralized data is worth expecting a new boom. But don't exaggerate Imo as anyone can give their prediction, it is up to you how you will attack such speculations. at the end of the day, it is your money and how you will use it is all up to you. some are spreading overwhelming predictions just for the sake of spreading it, and most of them are holders so they want the community to talk about such project to their own advantage. a lot of people are not educated with their coins that they are holding, so they can easily be influenced by what they are hearing or reading. if we are easily influenced by people's predictions, of course in the end we will experience panic, therefore of course personal predictions will be better, even though there are influential people who say a prediction that might be different from us, of course this is only a consideration for us to formulate an analysis personal. because many of these predictions did not come true in the end, and that is a natural thing. do not let us be trapped in a situation of uncertainty, because we do not have a personal stand |
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Ethereum and bitcoin appeared to be weak at the start of the new year, but as January rolled on before the end of January, their prices sharply surged. Since then, the crypto market has had a significant recovery, giving Ethereum and bitcoin a stronger appearance than previously. Ethereum currently costs $1,670 while the price of bitcoin is $23200 plus.
Waiting for the price of Ethereum to drop to $500–$700 before investing is now an impossible price because the price of Ethereum will not fall to that level. If you have the money, you should invest right away rather than waiting for Ethereum to reach your desired price of $500-$700
That decline in price must be taken as an opportunity to invest, this price ks still good enough to invest. Bitcoin was down to 16k$ before rebounding to current value of 23k$. Ethereum and all other alt prices are linked with bitcoin price moment. There were predictions that Ethereum will jump to new heights after switching to PoS from PoW but that never happened. Just wait for next bitcoin bull run and every alt will run with it. to wait until the price is $ 500-$ 700 I think it's still difficult considering we know there is strong support in the $ 1000 area, unless bitcoin crashes back below $ 16k, most likely other altcoins will follow including ethereum which is closest to bitcoin, of course the movement will follow bitcoins. therefore I think it's the same as bitcoin, we start buying it now with the aim of long-term investment is not a problem |
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an event that everyone experiences when they first buy bitcoin. the main thing is that we must be able to maintain mental stability to deal with price fluctuations, when you have already invested, my advice is to learn more about bitcoin, so you know what you should do to make a profit. for me you are right to choose bitcoin, not a new altcoin, so there is no need to worry about the money invested, as long as you can be patient
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I think it will be the same as usually what happens when Hong Kong legalizes bitcoin, at the beginning and at first it might move the bitcoin price up, but this will only happen temporarily, and it will return to normal because of the psychological influence of the bitcoiners who bought it. but if more and more countries legalize it, of course it will be a different story, especially if developed countries follow it which has a lot of influence on other countries
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Many nations at point of time are going through cashless policy and this policy affects price of things in different market regions of the world.
Can inflation which is the high demand of price over few goods or products actually controls the stability of bitcoin pumping or going down?
Because I believed where people are facing high price over fewer goods makes it difficult for people to trade bitcoin with little or no capital! So can inflation makes the market cap of bitcoin not having a reality face of surviving?
It is said that bitcoin is not affected by inflation, that infact bitcoin was created to hedge inflation. In some aspects the theory is correct but in some aspects the theory is faulty. This is because money used in investing into bitcoin is not from vacuum. When the economy is bleeding, people will no longer invest in bitcoin and people who already invested will start making withdrawals to sustain themselves in the harsh period, from there bitcoin will respond to the inflation. therefore indirectly inflation affects bitcoin, even though bitcoin aims to tackle inflation. but currently fiat currency is still the main value from all aspects, even though many countries suggest reducing the use of cash, but the value of bitcoin is very volatile and of course political interests that have not been able to make it a legal currency even though only as an alternative payment for now |
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how to become a bounty manager i want to run bounty campaign so how can i run campaign please tell me
I guess you are talking about managing a bounty campaign for a crypto project and not running a bounty for your own crypto project? As others in this thread have already said, if you want to become a bounty manager yourself that is managing bounties for companies, then you have a lot of work in front of you first. With a newbie account like yours there is no way that a project is hiring you as their bounty manager. First you need to build up your reputation here in this forum. I would guess that you really need to be a legendary member first who also has a positive trust rating in order to be considered by projects. So it is not that easy. right, building trust in this forum is the main way if you want to become a bounce manager, and I think it's a hard struggle, considering we have to convince project managers to use our services. but if the project you are working on goes well, then you will become a reference for bounty hunters to promote the project you are holding, so that in the end many projects will come too, of the many bounty managers here, they usually build a long enough reputation, and remember that reputation can be destroyed with one mistake, or the dissatisfaction of the bounty hunters |
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It's fine if @OP says the market is bad at the moment but only temporarily because it will start moving up again. We can use it as a moment to buy the bitcoin or altcoin we want. We can only be prepared with all the possibilities that can occur, including the current correction and we are still lucky to be given time to buy more bitcoins now. We will not know when the bitcoin price will increase again so it can make us too late to increase our bitcoin amount. Even though market conditions will be as they are for the next week, that's also okay because everything will return to normal.
We do have an idea when the price of bitcoin might increase and that's after the halving. And as we approach to the next halving by 2024, that's giving the idea of what everyone must do and that's the usual thought we say for everyone is to accumulate. Sometimes our feelings are invalid but many times if you think that it's valid, follow the idea and thoughts that you might encounter as you decide whether to just watch the market, buy or even sell. if we talk about bitcoin then there is no need to panic about the mistakes of our feelings. because after buying we are only waiting for the long term goal, of course if our analysis is wrong, we are given the opportunity to collect even more bitcoins, considering that this is an opportunity. but if this is on a new altcoin or altcoin that is at the bottom then only luck can save us. therefore invest in coins that can be for the long term, so that our time waiting is not in vain |
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