Most people who are new to BTC or find a way to accumulate BTC this might help you out; few ways to make money from BTC:
*Daily trading
*BTC mining
*Investing
*Selling your items in exchange for BTC; i.e(receiving BTC as payment for work or items sold)
*Yield farming (De-fi)
*Airdrops (this helps allot but be aware of fake ones too before participating)
*BTC surveys
For me, I believe it is basically Daily trading and Investment which I believe you are referring to long-term buy and HODL for Bitcoin. I do a bit of trading regularly but maybe not daily and have made some good profits from that and have some assets I have invested on for the longer time HODl. Do we really have Airdrops that come in Bitcoin? |
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Binance Coin has been on the rise ever since ETH's network congestion has grown to a point where the "little guy" is left out of the system. PancakeSwap has been the major platform to lead BNB's price all the way to the moon. At the time of this writing, Binance Coin is the third-largest cryptocurrency by market cap with a price well above $500 per coin. If Binance's project rose from the ground at such a fast pace, what's stopping it from reaching $1k in the future? What are your thoughts? Do you think BNB will reach $1k soon? If not, why? Is BNB's price sustainable? What's your prediction of BNB's price 5-10 years from now? Your input will be greatly appreciated. Thank you very much.  Personally, I think that Binanc Coin is very promising and increases its potential. It is entirely possible that the BNB coin will reach $ 1000 or more by the end of the year. Now in the market, many investors are investing in BNB coin as the coin is at its initial level of development. And soon the BNB coin will take a leading position in the cryptocurrency market. I agree with you and I believe that BNB has the potential to reach that price of $1k before the year ends. Binance smart chain is been adopted by many projects new and old migrating to the chain and the Binance exchange is arguably one of the biggest crypto trading exchanges around and with all this, $1k BNB is attainable. |
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I understand that most people were worried or rather concerned about the decline but as we all know and as some have already mentioned, it is how we are able to take advantage of the situation that is important. The decline in Bitcoin price was an avenue for agile investors to buy more of whatever crypto assets they want and like we noticed now, looks like the market is getting back up which those that got in at the dip will make good profits.
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I believed that bitcoin will not last because of government policy is against bitcoin and many people is seeing bitcoin as a scam, so with such points I don't think bitcoin will stay till 2030, and if bitcoin stay till then that means it will stay till further notice.
Please am not here to criticised cryptocurrency but from the attacks government attacks crypto I think such will come in reality.
If you really think Bitcoin wouldn't last till 2030 here then you truly don't understand Bitcoin. Yes, there might be some government kick against Bitcoin, in like manner there are other government that doesn't do that and I believe with time, Bitcoin would have even wider adoption than what we know now. |
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Funny that Elon is having so much power in cryptocurrency now and after causing FUD in the space and dragging the market down now trying to create an atmosphere that makes him looks like he truly cares about Bitcoin by involving in this move again trying to portray concern for Bitcoin. This guy is actually a snake.
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I guess by now it will be safe to repeat the saying " Don't believe everything you read" Now that we have seen that Bitcoin even dropped to $30k a couple of days ago before rallying back up. I believe the market has its own mind and we will follow it the way it flows even though most will try to make their different predictions. |
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Fed need to give out asap More stimulus.
If Not bear market is coming
And nobody Don't Want bear market.
So Here what the New York bankers together with fed and also biden should do.
Wait little crash btc support to 30k Not lower then give out Other stimulus.
Also give out money to companies to invest in crypto.
So traders Will Stay on the game the bear market is Not Good for Healthy market Economy.
I Hope the fed Will act Fast and Help the Bitcoin Up Again.
I am not in the USA but from the news I hear about crypto and the US government, I believe that they are more interested in collecting their Taxes rather than providing stimulus to boost the crypto market and besides, this is a natural occurrence with the cryptocurrency market as some have mentioned but we keep having people freak out all the time when it happens. |
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Can it? Obviously not, unless you are so so lucky that the coin you put your money in gets listed on several popular exchanges simultaneously and becomes a hype for investors to buy in a hurry making it go 100x or even 1000x before a big dump while you stay and burn the midnight candle while trying to sell just at the peak!  You see, it's not that easy, else, everyone would have been rich, investments yields profit overtime not overnight  I agree with you. That will likely be the only way that might happen and like you said, highly unlikely too that everything falls in place for you to have that kind of oppotunity, and even if this were to happen, it will also mean that your investment must be significant enough that when the project hit 100x-1000x it will have a big effect on your initial capital. |
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I always wonder why a lot of people fomo to buy a coin or token after the price has pumped. In this present bull run I've seen a lot of people FOMO and buy cryptos at a really high price and they quickly dump when they witness drawdowns.
Isn't that just hustling backwards?? Its almost like they are trying to loose money on purpose.
So i wonder why they FOMO to buy in the first place
That's why it is called FOMO "Fear of Missing Out" Those people are usually undecided whether to enter or not and they might watch that price rise for some time and eventually when they do decide to buy. they end up buying when the price has peaked already and this is backed by all the hype that might be trailing that coin/token at the time. |
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we keep the coins at least 5 years , but its too long imagination. you can proof it. 2018 early NEM coin was top 6 Marketcap now 56. so keeping its useless. we have to updated everytime and get the action the correct time and exit.
Now i think bear market is going on , so holding for 4,5 years just a imagination. specially i have to say that TOP 5 coins , we must keep most probebly they will surpass the All time high again.
what all your perspectives?
I believe that this is why you have to understand if the project you want to Hodl for that long is worth the Hodl. Not all coins in Alst are good for hodling for that long, I will not personally Hodl outside Bitcoin and Ethereum for a long term because once I am sure that the bear market is in, all Alts are liquidated to stable coins. |
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I don't think the correction will go that low, 30k or 25k at most, certainly not 12k, at least I hope not, besides there are institutions who bought btc at lot higher, doubt they let price go that low, there are different views about this bear market and where the price will go, at the end the market will determine.
I agree with you on the $25k lowest price I believe Bitcoin will go even if it will still go down further. I understand we want to believe that the institutional investors might be able to do something about the market but do you really think they could? cos with them buying even much higher than this, the market still plunged this low so can they really influence it not to fall to $12k even though I don't think it will. |
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If you buy crypto currencies in one country and then travel to another country, as long as I have the passphrase and private key on paper, hidden in mulptiple places and the crypto on an online exchange, no kyc, p2p bought, non custodial and bought on a clean laptop, can I delete the website from by laptop, including the online wallet, and then sign in again to that exchange after travelling.
You are mixing many things up, paper wallets have nothing to do with exchange accounts that usually need your email address and password, but you don't have any control of coins in your account. Access to your exchange account should be possible from anywhere in the world if you have your login details unless some country is in some restricted region, but they can always lock your account and freeze your coins or withdrawals like we see happening in Binance and other exchanges.
So my question to the highlighted part is, Say when you register for an exchange like Binance and maybe other you pick a location during and when you travel as in this OPs case, will you have to change your location in the exchange registration too for you to be able to transact or that wouldn't be necessary even if you have all your login credentials?
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Maybe not like bitcoin which already survived for years, but BNB/BSC can get attention from people. Because there are some reason why people will still use BNB/BSC in a couple years. Beside BNB holding for Launchpad, BSC which provide less fees to a project so they don't need to use ERC20 anymore because of high fees that we need to send tokens from it.
Me too. I believe that BNB has a bright future because of its ecosystem BSC hence BNB will be there for a longer time as long as projects are still been listed and traded on Binance and also even with all the problem Ethereum is facing, I also still believe that Eth is still one of the projects to invest in for the future. |
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I strongly believe Doge will be a sustainable incremental coin, with the help of Tesla. And I believe in the management of Elon Musk, the number 1 billionaire in the world. Do you guys agree with me that Doge is the world's largest community-owned coin. And the US and EU communities are very fond of Doge
I would like to understand if this was the case before Elon Musk's support for Dogecoin or did this so-called community support emerge after Elon's support? All this hype about Dogecoin now was after Elon musk showed support for the coin and everyone is all about Dogecoin and this is not a bad thing to make profits from but the Idea that Dogecoin can now be some how to be seen as s coin for future investment and " the world's largest community-owned coin" is   |
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Next what I want is token to buy cheap luxury property. So I Can accure all the high luxury Property all over the world with all most zero money I Hope sun Will do it for me So how will this work? Is it that the luxury properties will automatically become cheap because you are using the token or the token would become equal to the property worth 🤔🤔🤔 If there are properties that you intend to buy if they accept crypto then you have to be able to match the price amount regardless of which network token you're using. Anyways, I like trc20 network too, I will actually say it is super fast and cheap too. I once made a1$ transaction fee where I would have spent $25 on erc20 network . |
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It is always good to learn about price action before investing in cryptocurrency. Learning will guide your judgement in the market and prevent you from making decisions with instincts alone.
I see a lot of people complain about the recent dip in the market and I am surprised. Because if you know about price action, you would see that the signs were obviously there before it all went crashing down. On the daily time frame, Bitcoin broke structure and retested several times before heading down. The market warned you, but you didn't see it.
Does that mean, your research says that the bear market is coming if the price structure broke several times? This simple research won't work every time, especially during the bear market. I don't have any single complaint about the current dip situation. Because I'm waiting for a dip which started yesterday. This dip must be alive for at least 2 months. I believe the Dip was just most severe yesterday but I don't think the down trend started yesterday even though I agree with the other part of your post. I think investors were not really anticipating the fall the way it went but was just hoping that there was going to be some sort of correction and even though some TAs might have pointed to a correction, but the dip was severe. |
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Those crypto enthusiast knows the value of this token compared to those top coins in the market list. They are just part cryptoworld but not on the profitable side. Unless it will be supported with highly influenced people.
If they are not on the profitable side then what is their value? I understand some cryptocurrency investors do sometimes invest in shit coins like this hoping they get pumped and they make some profits out 9f them which actually happens sometimes and I guess that's the risk they are willing to take. |
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It feels really bad going through my portfolio on blockfolio to see massive downward movement in the value of my holdings. I really don't know if this is the usual market correction we have periodically or the end of the bull run. Is it wise to keep holding or take what's left?
I guess you must have seen why the market is headed the way it is but as for whether you should hodl the crypto assets you have is a question of how much you believe in the project, or should I say, how much good is the project? you don't want to keep hodling on to something that might not survive the long winter if this happens to be it. So if you assets are solid, I suggest to Hodl cos that's what I would do. |
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We saw the past from $10 to 60k is going up and up. So it sure it will reach $500k next destination.
But why the hell people panic sell now after it reach this high amount?
Do people really still think it goes to 0?
There soulnd't be any sale presure given the history that we see Bitcoin only going up in value
You would see the price as in only going up if you are looking at the price chat from a longer time frame but you would understand that not every investor in a long term, some people still do regular short term trades and will most likely sell off in every downward movement of price and try to buy back in and even amongst the long term investors, not all have the ability to Hodl during down trends like this. |
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I do believe that $75k to even a $100k Bitcoin price will happen some times down the line considering that Bitcoin fell from $20k to around $3k+ and rose back up to $60K+ and have had similar kind of attacks from highly influential people before but still remain strong because I don't think anyone or even a group of persons can end what Bitcoin is now.
Well the drop of bitcoin from 20k to 3k back in 2018 is a little different from the current rise in prices, there are far more institutional investors this time compared to back then so I think that this some time down the line rise is going to be unpredictable because we don't know what happens to bitcoin next time. I hope that the prices are going to go that high but I hope that it will happen when I am hodling more bitcoin. Am guessing both of you are talking about the same thing, which means you both don't know, or should I say, we all don't know what will happen to Bitcoins price but hope it will go back up again and of course we all want it to be when we are Hodling more Bitcoins than we currently hodl cos that will mean more profits |
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