Just as the typical market day.
We get to see this as a normal day of the market and Bitcoin stays at $29k and there's no movement at all. This is like, it's either no movement at all or we get to see some bloodbaths from the alts market.
Anyway, nothing surprising at this moment as there's not that much news except those typical meme and ai coins being marketed by different exchanges.
I miss the days when Bitcoin is on sideways, we see altcoins are pumping. For me, this is just a sign that we are still not in a bull market. It's gonna be a long sideways for the entire market for me, but bloody for small-cap altcoins. Sideways Bitcoin for me is good for my bags as I hold Bitcoin and high market cap altcoins. Yeah, bull run isn't yet there. It takes time until we see all of those signs that we're already in the bull run. For now, it's gonna be waiting time if you're waiting for some specific altcoins to be up. And that's like a sign before a bull run that happens for bitcoin, while we're waiting for that. We need to be patient or you pick what you wanna get at this point. |
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I've been watching videos of struggles coming from students, to professionals and the elderly. And heck, no one can really skip on this one except those that are ultra rich.
Even the middle class are feeling the effect of inflation, everywhere, there's economic problem and even the rich countries. We're totally at the survival of the fittest on this era.
At first I thought it wouldn't be that big of a deal. I mean, it's nothing out of the ordinary for prices and market to experience a rise. However, when I went out and do my monthly grocery shopping that is when I personally felt just how bad the current inflation is. Prices did not only doubled but tripled and even times four of their previous price. My monthly grocery which ensures I have more than enough food to last for a month has reduced to food for 2 weeks. Me either. I thought that it shouldn't be a problem since we're all just gonna earn our money and then we'll buy those supplies. But no way, it becomes heavier as the prices of the commodities kept on increasing while it takes forever for the salaries to have an increase. I do groceries weekly and before I can take anything that I wanna eat but sadly, it has come to being limited and even sacrifice the snacks that makes me happy to eat as I don't get those anymore. |
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That's why when I've seen that stUSDT on the tron network, I didn't put any interest on knowing it more. I'm a noob on that part and have that impression that it's just like the Luna thing.
Well, it won't be a surprising thing when withdrawals comes through rushing on them and they won't be able to process the quickness of it and then will turn into delay in withdrawals and much worse halt all of it.
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Just as the typical market day.
We get to see this as a normal day of the market and Bitcoin stays at $29k and there's no movement at all. This is like, it's either no movement at all or we get to see some bloodbaths from the alts market.
Anyway, nothing surprising at this moment as there's not that much news except those typical meme and ai coins being marketed by different exchanges.
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It's because every project sees themselves as way better than the existing one. That's why even if there's already a project that shows all categories to be solving scalable issues, they won't honor that and they will take over until the problem will start to exist on them. The best undervalued crypto right now is Bitcoin.
They will not look at it if they've been closed minded with the altcoins L1/L2 or any layer that they're thinking is at good condition at this moment. But if they will realize it, this gets never over as there will be one to make up to cover the existing ones proclaiming they're better than the rest. |
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I have tried talking to people about Bitcoin but a higher number of them don't show any interest, they have idea what Bitcoin is but they don't see any reason to join the train so I am thinking, to cut short my time and energy, do you think it's better to talk about decentralization first?
Is it right to say that if anyone doesn't like decentralization they can never like Bitcoin?
If a person shows no interest then you just better stop wasting your time to talking to them. I understand your optimism of what you want to share about Bitcoin and things related to blockchain and crypto. I am not trying to force anyone into Bitcoin but people never stop asking me how I am making money for myself and most of my income comes from Bitcoin trading, as you can see, I have no choice but to teach about Bitcoin if I feel like helping someone out.
They're only interested about earning but they aren't interested once you teach them the process and if they're willing to take a risk. |
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Overtime the situation is getting worse and not getting better with time. It is known around the world that inflation had hit hard and there is need of additional sources to meet up the daily needs and have better savings. In such situation what is happening around is the layoffs and I job cuts which will make the common man suffer much.
I've been watching videos of struggles coming from students, to professionals and the elderly. And heck, no one can really skip on this one except those that are ultra rich. Even the middle class are feeling the effect of inflation, everywhere, there's economic problem and even the rich countries. We're totally at the survival of the fittest on this era. |
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Either of them can be profitable and at losses.
Depending on how active you are in the market and you're too knowledgeable and researchful, you'll eventually get to see what are those that are profitable and not.
When you're a day trader, you'll take every possible opportunity that you can see whether it's a coin or a token or even with Bitcoin which is no doubt profitable.
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I've heard of that project before but no idea where they are right now. And if it's from Telegram that suddenly tries to give you money for free, that's the sign of being a red flag already.
Whether it's sweat coin or bitcoin that they're going to give you as an airdrop. Do not believe them because worse might come to you when you're greedy and they give them to you the instructions on what you must do in claiming it.
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FUD or not.
It's always been like this that Binance has been hot in the eyes of the US government. So any branch of the US government that tackles with them, expect that it's gonna make the market move again.
I'm not sure if these are intentionals or they've got some proof with these actions and CZ is actually nasty things in the market. I'm wondering and waiting to see if there will be another batch of proofs.
i don't think CZ and the team are just sitting on this potential problem. for sure, they already know how to tackle such issues. they know, they have been a subject of scrutiny for so long already. so high likely that his legal team already did what should be done to face possible legal actions. they have their own resources, so for me, there should be no problem addressing their potential issues with the authorities. but i don't think CZ will just let the government shutdown his business without a battle. He's got a lot of plan for sure and he's scattering his money on almost every business that he can invest with and not just on Binance. Many do admire him and many don't and just don't like him being someone influential on this sphere. But we're also seeing two sides on this one, the government and also a known and rich person that runs a billion dollar business. There's always a fine line about the difference into those people who are running a business which doesnt involved crypto or simply they are really that under government rules and conditions on extreme manner and not something that we could be able to see on exchange platforms knowing that funds or transactions could really be able to hidden out knowing the true nature of crypto on which anything couldn't really be able to monitored out and this is why its not really that shocking that government would really be liking to get engage on throwing up issues and other possible things that they could possibly be able to throw off as long it would be raising up these things and could stir up things around then they wont really be having doubts on doing so. Its true that Binance wont really be just simply standing there and would really be just letting things to happen or what government does really want to happen. When it comes to sentiments and news then these types arent shocking anymore, as been said that government does really like on trying out to touch on everything and be making issues as they like. If you dont make out some countermeasures then it would really be a total mess up with your business and you would really be facing up a lot of trouble. CZ wont really be that so dumb on not to do something in this regard. I agree in all that you've said. He's come into this before and this is not something new that him and his company have to tackle with. At least for his own sake and interest, he'd protect and will do anything just to keep doing even if it means for the government to keep on doing such news of trying to intervene with his operations. They do get that a lot and have already came into those situations and manage to at least stay on where they are now. |
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FUD or not.
It's always been like this that Binance has been hot in the eyes of the US government. So any branch of the US government that tackles with them, expect that it's gonna make the market move again.
I'm not sure if these are intentionals or they've got some proof with these actions and CZ is actually nasty things in the market. I'm wondering and waiting to see if there will be another batch of proofs.
i don't think CZ and the team are just sitting on this potential problem. for sure, they already know how to tackle such issues. they know, they have been a subject of scrutiny for so long already. so high likely that his legal team already did what should be done to face possible legal actions. they have their own resources, so for me, there should be no problem addressing their potential issues with the authorities. but i don't think CZ will just let the government shutdown his business without a battle. He's got a lot of plan for sure and he's scattering his money on almost every business that he can invest with and not just on Binance. Many do admire him and many don't and just don't like him being someone influential on this sphere. But we're also seeing two sides on this one, the government and also a known and rich person that runs a billion dollar business. |
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Why not Bitcoin?
Do you have Bitcoin already or you're underestimating the growth that it will have for its price when the bull run is in?
If it's just with altcoins, most of the dex have their own tokens and you should stick to the one that has high liquidity or else you may want to get into those cex tokens.
I guess its not that many are underestimating it but realistically speaking not everyone have the money to invest in bitcoin with its high value. $100 investment will just be some measly investment even if it rise reaching its former all time high the investment won't grow that much because of course the investment amount isn't that much. frankly investing in altcoin is better for those with smaller capital for investment to start out then later on they could accumulate their bitcoin and holding it for long. after all bitcoin have lesser risk of just vanishing into thin air but it will certainly takes time. It doesn't have to be that a lot to invest in Bitcoin. But I do get that someone will think of profiting more with altcoins than of Bitcoin. Like $100 will just have to be $200 not too long enough and bitcoin has to double its value. It's like the safe haven and someone who's long term on this market should choose bitcoin and afterwards, that's the time to touch some altcoins that can have more gains than btc. |
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Why not Bitcoin?
Do you have Bitcoin already or you're underestimating the growth that it will have for its price when the bull run is in?
If it's just with altcoins, most of the dex have their own tokens and you should stick to the one that has high liquidity or else you may want to get into those cex tokens.
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FUD or not.
It's always been like this that Binance has been hot in the eyes of the US government. So any branch of the US government that tackles with them, expect that it's gonna make the market move again.
I'm not sure if these are intentionals or they've got some proof with these actions and CZ is actually nasty things in the market. I'm wondering and waiting to see if there will be another batch of proofs.
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35% in btc, 25% eth, 15% stable, 25% spread in 3-5 coins. now you can sleep well, while your investment riding on bullrun  dont forget your real world need some touch. That's quite a lot of diversification IMHO. But whatever is making you comfortable by spreading that investment of yours, go ahead. While IMHO, this is too much and you're likely going to lose more if you go ahead with that much spread for other altcoins. Well, to each their own as that's what I think and it's pretty easier to get more percentage for Bitcoin and a few with ETH and there's no need for any stable coin if you're not trading a lot. |
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Wait until the anti-bitcoin mining tells that they don't believe the study and these researches. They'll lean to what they believe that Bitcoin mining has always been bad for the environment. This kind of argument about whether Bitcoin is green or not has become propaganda for both parties. If a party wanted to push the trend to bullish media will release news that will support bullish sentiment of Bitcoin and then when someone wanted to bring FUD to the market they will use different methods to refute those positive news. At the end of the day, it is up to who to evaluate which one really make sense. True. It's up to the people that sees it as a benefit or sees it as something to hate with. Well, those anti can't be changed for now and will always lean towards their principle despite there have been facts set in front of them. Again, they will only look after Bitcoin mining but they won't recognize the other industries that have been the first contributors of greenhouse gases and gives more pollutant to our environment and atmosphere.
That is one kind of tactic of anti-BTC. The selective argument, just giving facts to support their idea without comparing it to other industry or if ever they pick an industry, they make sure that it produce way lesser carbon emission and establish the thought of Bitcoin is not environmentally friendly. Wicked people... only knows how to twist things in their favor. They'd pick arguments over Bitcoin but they don't want to look on the other side of these industries that contributes to the pollution for their business operations. For them, it's always like bitcoin is the bad actor. |
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Besides crypto currency, people with a get rich quick mentality always end up messing up. They can do anything to get the money, not minding how they get it.
In crypto currency, people with a get rich quick mentality, are easy prey for scam.
Everyone that has that mentality are potential victims of these scams. That's why they're being taken advantage and true that becomes a prey from these scammers. If they don't change for the better, the experience that they'll have from having this mindset will have them learned the hardest possible way. So, you gotta get into the natural process of how it's like to earn not just from altcoins but also in real life and side hustles. It's a process that one has to be taken without rushing. |
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Those newbies who get greedy and invest in these meme coins are to be blamed for that because they know these coins can sometimes provide great profits and that is the reason why they invest in them, otherwise, even they know that these are not actual cryptocurrencies but are just shills.
Well, wherever the money is then the crowd goes there as well. The problem with these folks is that they're able to attract other people invest into meme coins. That's why these developers have seen that potential that if they just keep on doing it, the money will just keep on flowing on them no matter what useless meme coin they make. |
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DOGE was a meme Coin at the earliest stage most people didn't invest on the Coin, before was adopted by the Elon musk, using DOGE Coin as a means of payment in his company, that makes DOGE Coin price pump unbelievable, that is still have future potential in the cryptocurrency industries.
Many didn't invest but at the same time many have bought and kept it. Many were able to cash out during Elon's time of hyping it and when it has reached the peak. I remember that Vitalik also have sold his Dogecoins and made it to the public that he's going to donate his profits. IIRC. I just can't remember if Elon actually adopted Dogecoin as payment to any of his companies. |
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