it's bad that people make transactions even with such commissions. As for me, I need to switch to other networks or make a strike in the crypto community for at least a few days. Maybe then Buterin will not think about POS, but about how to reduce the commission at the moment.
if we are forced to make transactions with the ethereum network, we can try to make transactions at 4 am - 6 am UTC/GMT +8, maybe we can get cheaper gas. but if it can be avoided, currently using the binance network will be more affordable. We hope that this problem will be resolved soon, to be more comfortable using the eth network |
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No one knows for sure how far it's come down. I myself am astonished at the moment, like not finding bad news but it makes the price drop drastically. My friend was astonished about this, I thought it was just a correction as usual. I hope it doesn't become a bearish market.
Before the price is down deeper this time, some people do not expect to see it is happening but the price really go down and surprise them because they do not expect the price drops significantly. Yes, it is a correction and nothing to worry about, but we have a good time buying bitcoin at a discount, although it is not a big discount. With the price still below $50,000, many people who have a lot of money use this moment to buy as many bitcoins as they can and hold them because they believe they will make a big profit in the next price increases. Our task now is to find a spot to buy by taking advantage of the current price correction. I will place several orders, so that I can anticipate when the price is still making further corrections, so I think it can minimize risk. for now maybe I'm just focused on bitcoin and some other altcoins that are on the top board |
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This is true indeed. This market is not just restricted with cryptocurrency investments. For example, NFT market is one of the biggest opportunities nowadays. It has a bright future I believe and people don't want to miss the opportunity already now. Besides the classical cryptocurrencies, we have DeFis also. However, they are much riskier so it is better that one is careful while investing into them. And I hope that the number of alternatives will continue to increase in the future.
every day the number of altcoins is always increasing, but of the many new altcoins not all of them are worth investing in, therefore we must be able to see the trends that occur, so that we can make money easily and in a faster time. just like the current nft trend, where many believe it will bring a brighter future later, therefore the importance of analysis and research before deciding where to invest |
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I'm more interested in both because if we convert to bitcoin then sometimes it's wrong, because some altcoins are more prospective in terms of profitability with minimal capital but if we play with high enough capital then bitcoin is the right thing to say
Right, choosing both is a better thing, currently there are many choices of altcoins because they are supported by large companies, by dividing the investment portion, we have the opportunity to get big profits, I think we need a long time to get 10x profit with bitcoin, but with altcoins then for profit 100x easier. Before investing in altcoins we need to do research first and analyze them, it's important because there are a lot of coins and to minimize the risk too, that way we can choose the right coin for investment Investing in altcoins is very risky compared to investing in Bitcoin, because there are so many altcoins circulating today. And the problem is not all of them are good and can generate profits. I agree with you, before deciding to invest in altcoins, it is better to do research and analysis first. So that we can choose potential coins and avoid shitcoins. But for those who can't do research and analysis well, I suggest focusing on investing in Bitcoin only. Or if we really want to try investing in altcoins, we can first try to buy the top 10 altcoins, it's safer to do. but if we have a lot of free time, then it never hurts to do research on potential altcoins, or we can choose altcoins at the top rankings such as ethereum and binance which are safe to invest. but indeed for me of course do not put capital in just one coin, of course we must have more knowledge to increase wealth, and learn to look for opportunities from many altcoins |
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I recently got 10,000 USD after my FD (Fixed deposit) matured and now i want to invest all those in the crypto world as the returns are best here.
Please suggest me different places where i can invest these 10,000 USD in the crypto currency world as i never done big investement in crypto before so please give me some ideas.
Undoubtedly BTC is the safe investment in the long term, sometimes in the short and medium term it gives exceptional returns, there are also options such as the alts, some put money in the NFTs, but the NFTs are better to take them when they are in Pre-Sale, You usually get good money there, however as it is $ 10k you can leave half to BTC, $ 2500 to any known Alt and the other 2500USD for NFT games that are about to come out, in fact you earn more so than winning. Many people tend to do that type of trading, which is very good and even if it is in the short term, it is much faster, of course you do not have to get into any NFT you have to study many things to put money there. I agree with putting half the capital in bitcoin, especially for beginners in the crypto world. and on the other hand altcoins like ethereum and binance can be an option to invest as well, and of course we can follow the current trend where nft is popular, and of course if we are good at analysis, we can get a lot of money from here |
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El Salvador president Nayib Bukele confirmed Monday that his government has purchased its first 200 Bitcoin (BTC) ahead of today, the Sept. 7 rollout of a new law set to make the cryptocurrency legal tender.  “Our brokers will be buying a lot more as the deadline approaches,” Bukele said, referring to the Sept. 7 timetable for fully implementing the new BTC legislation. this amount is not enough if they are going to give all their people 30$ each to spend and try bitcoin. i think they need more than 900 million dollars worth of bitcoin estimated to be 18,000 Bitcoin must be prepared for this event? How lucky people in El Salvador as their government is welcoming bitcoin with open arms when we in our different countries loves to have like this. I think it is a stimulus from the Salvadoran government to accelerate the introduction of bitcoin to its citizens. Even though it spent a lot of money at the beginning, I think it should be done, because the people of course try to access the gifts given in the end, hopefully they will get used to using them, because I'm sure not all residents will easily access them. |
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One tip I can give to you and I think is the best is mastering the basics such as knowing the trends and trendlines, supports and resistance is one of the most important things. You could also study indicators such as RSI and MACD with the knowledge of supports and resistance and adding knowledge about indicators you can already create your own strategy. Honestly, I only used this support and resistance, trendlines, MACD and Volume.
on the other hand we also have to pay attention to the psychology of trading and money management. trading psychology greatly affects our trading success, even though we have analyzed it correctly, but because our psychology has not been formed, it is possible to panic sell. On the other hand, by setting money, we can calculate the risk and rewards in making transactions, so that we can measure whether the position is feasible or not to enter the market. |
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If you were newbie, you still have long way journey to learn, trading is not easy as your imagine, its will need your passion and emotion in it.
I have suggestion for newbies, you can buy and keep BTC and ETH as your starting investment, the two both coin are relatively safe to hold in mid or long term.
For the alts, may you can choose the top five in the marketcap besides BTC and ETH that I mentioned above, pick BNB if you ask for suggestion.
And the rest, trading depends on your intention and patience in learning, don't be afraid to be wrong because with mistakes, you will be more advanced, good luck!
That's right, don't think trading is easy, because there are many factors that must be studied in order to become a successful trader. Among other things, by learning a lot about everything about the crypto world, so at least we can get an idea which coins are worth buying. Wrong choice of coins for trading, the risk is that we can lose all of our capital. I agree that newbies can try trading using top crypto. Such as BTC, ETH, BNB, ADA and so on. Another thing may have to be able to control emotions when trading, if trading is affected by emotions, we will always make the wrong decisions. by choosing crypto at the top rank, then we choose coins with large capitalization, and this is a good choice because market manipulation is not easily done by someone or whales. that way the market movement runs in a healthy manner and we can analyze according to the theory that is usually done by traders. for example if we choose a coin in a new project, of course it will be more risky |
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When he know about responsibility ill start him to do trading, ill introduce the trading theory from junior high school age, and mentoring him to do trade when he is on high school, after that, he will make own account using his personal document and start to earn by himslef.
Thats what my plan, since my little boy still toddler now.
Better to teach him about money, about economics, from a traditional viewpoint, and then about new money and Bitcoin. Because he won't be getting this education at school, nor will he easily find it if he's not looking for it. Trading, on the other hand, will be easy to find as there are zillions of manuals out there. Teach them things that equip them for life, not for occupations. Let him find his passion first. indeed to teach him in trading requires several steps. but I think preparing knowledge and trading psychology as a basis I think will be better. many traders are still trapped in their emotional trading, thus making us experience a panic sell for example. and to get good psychology, of course, age of maturity also affects, therefore we must recognize our children whether they have met the criteria to be taught trading in real |
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Yes, buying Bitcoin is a golden opportunity. Bitcoin will increase a lot in a few days.Various experts and analysts say that Bitcoin will cross one million dollars this time. However, we can see that Bitcoin is slowly but surely growing. Think of the way it is going to grow Bitcoin can meet their prayer target in a few days. So if you want to buy bitcoin. Bitcoin can meet their prayer target in a few days. So if you want to buy bitcoin. Such a time will come When you will regret a lot but can do nothing. So those who want to buy and invest now, this may be the golden opportunity in your life.
it could happen that bitcoin will form a new ath, because we see it is now approaching the peak that has happened before. then we can use this opportunity to invest in bitcoin, especially if good news always comes from bitcoin then it's still possible until the end of the year |
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with the creation of 200 bitcoin ATM machines for adoption nationally, this shows how serious the country of El Salvador is to make bitcoin a legal transaction tool in their country, with national adoption we hope to be able to return to making bitcoin prices relatively stable as has happened in several the previous year, and we hope that this can also be applied in other countries in the world
Bitcoin will never be stable and its price will always fluctuate. El salvador looks serious about getting more bitcoin users in his country through the launch of ATMs, although the current numbers don't seem to be enough on a National scale but I believe it's still in its early stage. Large-scale adoption may have an impact on price stability due to its use as both a currency and a means of payment, but so far bitcoin has been heavily traded rather than used as a means of payment. This is the reason why prices are difficult to stabilize even though adoption has increased. the more bitcoin adoption and spread throughout the country, the fluctuations will be more stable, but I think bitcoin will still fluctuate, we can see the volatility of gold which is recognized by the whole world. but if later bitcoin can be used as a means of payment maybe it will be a different story |
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I am thinking that if the bitcoin continue to go up to $100,000 and above. it will be expensive for the poor people to invest. It will be for only rich people. It will be better for bitcoin will not go so much high so that it will be affordable to everybody to invest and have profit.
I will like to read and learn for everyone here.
You can have some part of BTC as the investment if the price is too high. You are right only rich people can buy 1BTC but still some can affort a small percentage but they need to learn more about BTC first before buying BTC because even a small amount to every person is very important. if you dream of buying 1 full btc maybe only certain people can buy it, but we can buy bitcoin fractions as much as we can and that's where the convenience of using bitcoin is, and when the price goes up our assets will also go up according to the percentage increase, so don't worry about starting to invest |
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Many people have been investing in cryptocurrency, and some have been complaining that they are losing money, particularly newcomers, so I believe this will really help you as a trader. The following will guide everyone to be a successful trader.
There are four keys to successful trading.
1. Find a strategy that works for you: If you are dedicated and forced to put in the effort, you will undoubtedly find a strategy that works for you. There are a variety of strategies available for you to try out.
2. Risk management: You must work on your risk/reward ratio, know how much you must invest in a coin, and only invest what you can afford to lose. If you are trading futures, always use a low laverage and don't forget to use a stop loss.
3. You must give yourself time: Because cryptocurrency requires patience and dedication, you should not rush to make money at the same time This is impossible since if you buy a coin now, it may take weeks or months for it to pump, so don't expect to make money quickly with cryptocurrencies. Give yourself time to investigate and plan. Because trading is a long-term endeavor, you must devote sufficient time to learning.
4. Dedication and commitment: If you truly want to be a good trader, you must be able to devote all of your time to it. Since you are making money from it I believe it really worth giving all your time.
I think ill go with # 1 and #4 We really have to find a good strategy for our self because we don't have the same mind and goals. Even though our goal is to make profit still we have to consider if that strategy would fit to us. Commitment is always a part of success. Putting a lot of effort to study and of course dedication will make you succeed in trading. There is no best strategy in the world of trading, the best is one that each trader can understand. so we have to look for a strategy that fits our personal trading style. after that I think psychology will play an important role to make our trading more leverage in getting profit |
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For the first time getting to know crypto, it's not surprising that many people think bitcoin is a bad thing or even a scam. but as more information becomes available about bitcoin I think people will start to accept bitcoin well. and bitcoin can be used as an understanding if a technology is useful, especially if bitcoin is used for trading and runs well and makes a profit. it's very good for family economic recovery
and what makes people more willing to get to know bitcoin, is the story of successful people after investing in bitcoin. plus the current condition is difficult to find money, so they are looking for new alternatives in getting money. but indeed to join this business we must have knowledge |
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I prefer investment because investment does not need to keep checking the price of our coins. While trading takes a long time and must have good skills. If we are not smart in buying coins we can experience losses. While the investment risk is smaller and the profit is also large.
In investment if the profit can be large then maybe the risk of not making profit is also larger compared to other investment, maybe the token you invested to is volatile and fluctuating, if you are investing to stablecoin it's usually not fluctuating but the profit you can get is also enough but not big while trading can also create big profit but the risk is also big and it's tiring because always checking the market. in trading indeed the profit that we make every day is not so much, but if we accumulate it every month, the results are also large, but it depends on our skills in trading. it's better to invest, where we don't have to think much, and just wait and reap the results. but for me it's even better to do both, because it's related to hobbies |
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With regards to altcoins - mostly Ethereum and Litecoins - is there a time of the day/week/month when they tend to go up/down? Im guessing trading on the weekends is quieter than during the week?
Appreciate any input ... thanks
No one can predict the price and at any time of the day everything may down or rise or price making some trends, we can see many prediction but there is no one can predict the price even the most expert in crypto, they only making a prediction, however most of the experienced person puting a basis on the good news,updates and new crypto development update that is why their prediction of price rising sometimes become more accurate than newbies. But somehow its a bit true that weekends usually are quieter compared than during the week. I think because in the weekend not so many news produced and also many whales are take weekends to break. I usually do scalping in the weekend to take some small opportunity of any trends happen. when the weekend is of course a holiday for work, so not many people transact on that holiday. therefore this is what makes market fluctuations more gentle and not as violent as usual days. especially when we look at major international holidays such as Christmas and New Year, of course the market will experience a narrow movement |
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Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?  Source: https://coinmarketcap.com/this data proves that people trust and use more USDT compared to other establecoins, so you can already imagine what it means, in a nutshell: you can keep using USDT and of course always with your eyes wide open so that if shit happens you will be safe we can see from the past that usdt has always been on top. this shows that the market capitalization of usdt is still large when compared to other stablecoins. how can we say the usdt is not safe, or will even be worth $0, will the usdt holders take all the funds, until there is no market cap left. I guess logically it's not like that |
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Eyeing for Cardano and Solana for next year , and added some TRON .. i bought also more now even the price is climbing because i am willing to Hold till whole year in 2022 .
if you are not convinced in altcoin given here then best to search for your own just take the advises as basis but doesn't mean your are oblige to buy because in the end , this is your funds that might lose if not carefully choose which coin to buy in.
cardano is currently a new force in altcoins. which is ranked 3rd in coinmarketcap under ethereum. With this large market capitalization, it is not unexpected that Cardano can outperform any BnB which currently has a real product and many predict that BnB will compete with ETH. but i think all of them are worth to invest |
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In day trading there will be more chances of loss, because it is risks on daily basis and you know really well having trading strategies, there must be some good fortune of every trader to make profits, you can easily make 1-2% daily in day trading but as i had already tell you that you have to be ready for the loss too.
Daily trading is certainly more complex in terms of things that must be mastered, because of course it will be more difficult for us to pay attention to markets that have high fluctuations. For people who are experienced in trading, I think 1-2% profit is a logical number to achieve in trading. although sometimes we suffer losses, but in a month we can earn 20-30% is a successful achievement |
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