I have been investing in cryptos for some years now and i always have to fight a battle with myself whenever i sell some of my cryptos or close my positions in a trade and the price continues to go higher.
Sometimes i regret selling, while sometimes i just try not to look at the particular crypto anymore to avoid having regrets.
Do you also encounter this? And how do you deal with it?
Not every altcoin your gonna experience that pump most of the time most of the altcoin is dumping because it is just an altcoin. As long as you have a good profit in the coin it would make sense to sell it because if you have been in the cryptocurrency market you already know the risk and know how much a token could go down easily and how easily you could lose a profit in a token. If a token is increasing its market price you could already expect a price dump in that token. You just need to analyze the chart of that token and you could clearly see it no token has a perfect chart that just increases its market price continuesly there is always a drop. |
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What threshold will bitcoin go down this year?
It is possible to see bitcoin at 10,000$ but It is very unlikely to happen because the demand for bitcoin was so high so even though the bull is already over there are a lot of people that are holding bitcoin just for long term gain so that market price will surely sustain. If the market price drop a lot of investors is going to buy bitcoin lower than 50k$ market price is already a good buying number in the market price of bitcoin so I don't think it is going to go below 20k$ at all around 30k$ is where it will drop if the bull run is already over. It's a little different than before we might not even see this bull run end because I think a lot of people are interested in bitcoin these days I can only imagine a 30% drop at this rate. |
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Is it smart to invest in Bitcoin? or in Ethereum? because NFT already in market.
Yes, Bitcoin and Ethreuem is a good investment. Rumors in bitcoin and a lot of speculation were in this 2021 bitcoin is going to reach 100k$ and Ethereum will reach around 5k$ which is a good investment. If we invest in this bitcoin and Ethereum there was probably a little profit compared to if we didn't invest in other altcoins. If we invest in bitcoin and earn a few thousand bucks it is a guarantee that we can earn a lot more profit if we did invest in other altcoins that is possible up to 100x because of the low market price, we see Alice token up to 23k% increase in the market. |
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People be like Don't always sell all the coins and tokens you own because they can rise in future but I've hold so many coins since 2018 and only very few gives me 50$ to 70$  today, isn't this laughable?? I be like It's always wise to hold only very popular coins for future sake like the period we are in presently, not all altcoins will pump and give you a thousand dollar gain or more, if I've spent my time to gather top altcoins I would be in happy mood right now There are altcoin that could make a great gain after a few months and can 10x or even more especially if you're going to hold for a long term. But I also have a lot of altcoins holding that I probably held for a few years already that let just say that didn't really give a good profit. Like for example EOS probably its a disaster if you're holding this coin and I already consider selling my holding because I think that this coin is already dead, I was hoping for a comeback because I notice a lot of hot coins these days are 2017 projects or old projects like Cardano. Altcoins are risky because you might get caught by the altcoin season and could end up losing the profit. |
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Don't miss the next bitcoin cycle! Don't miss the next bitcoin bullrun! A lot of people are missing the best time to invest in bitcoin because they are focussing on other things, not the bitcoin market. You have to stay FOCUS on the bitcoin market all the time to get the maximum leverage. You need to stay FOCUS for the next bitcoin cycle to come.  Twitter: https://twitter.com/misir_mahmudov/status/1118243131584065537I still think that it is still early for bitcoin so probably these numbers could still increase after 10 years or even more up to a million dollars actually. One thing is certain at this point where the bitcoin supply is getting low and demand for bitcoin is increasing market the market price pump. But the growth of bitcoin this year is different because in the past year it just couldn't climb to 20k$ and then after that or in just a small amount of time the bitcoin is able to surpass 20k$ and then easily climbed up to 60k$. If we are gonna consider the growth of bitcoin these days we could easily double the price or of bitcoin reaching 200k$ or 500k$ after just few years. |
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It's always a question of speculation if we buy Bitcoin or if we buy Altcoin.
For a profitable buy, we need to know what new people will buy.
Bitcoin is already well known but also trusted. Not many new people will discover it but people will buy more constantly because it's trusted.
Altcoins are not very well known (except Ethereum) but also not very trusted. Many new people will discover it but will be hesistant to buy because it's not very trusted.
For a prediction, which one new people will buy more, we can only guess.
What is your opinion, which one will bring uns more profits? Altcoins or Bitcoin?
It's pretty easy to tell bitcoin and Ethereum is just way safe investment because it more guarantees to give you profit but a lot lower profit compared to altcoins because it already has a high market price in the market. Altcoin investment is high risk and high reward investment because if you invested in this low market cap token you could easily give you a 10x or even more if the token you invested in is gonna blow app you could easily buy a high volume of that token when the price is low and it has a higher chance to blow up to x10 since it only needs a small amount of market cap. |
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I find it interesting to take a little bit of risk with XRP, but don't have the knowledge to say that it really has a potential to boom. any words of Motivation or should I stop Converting my BTC to XRP? just wanna Play safe.  It's fine as long as it is just a small percentage of your portfolio XRP is still one of the top cryptocurrency in the market even though it wasn't getting a huge price pump in the market in the last few months the potential of getting into 1$ is still there because of the high market cap in the market. But obviously, I wouldn't choose XRP over bitcoin I think the best investment is still bitcoin even though it already has a high market cap in the market it still has the potential of 10x or even higher just because it is bitcoin. There are also a lot of potential altcoins that I think better than XRP this time that could give you even more profit. |
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I've been in the cryptocurrency sector since the infancy, and I've seen the brightest and darkest days of BTC, but when I look at the current growing conditions of the bitcoin industry, I see that we've come a long way, and most of the world accepts cryptocurrency payments, and some major brands are even linked to the BTC world.
But every now and then, I wonder if these circumstances will last longer and improve in the future.
What are your thoughts on the matter?
No one would actually know the future of bitcoin because we don't know if bitcoin will still exist in the future or even after a few years. The thing is new technology could easily come up and take down bitcoin possibly and the demand could easily switch to other technologies. Something that could happen to the stock where most of the investors are trying cryptocurrency and leaving the stock market. But when it comes to the bitcoin future we could easily say that bitcoin will reach the market price of 500k$ or even higher in the future if the bitcoin market continues to grow but if not everything could easily mess up because of the other technologies. |
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Lots of people are still considering the risk investing in bitcoin. The fact that bitcoin price is increasing almost on a daily basis makes it more scary for them. A friend once asked me “What if the price falls ridiculously “? At that point I was almost dump folded and beginning to panic within myself. I was trying to convince him to see reasons with me on why he should invest in bitcoin and now I’m shivering with his questions. Is there any assurance to give people especially in time of discussing bitcoin with a friend or family member as a bitcoin enthusiast?
There was no assurance when it comes to investing in bitcoin and you cant give any assurance that bitcoin is a good investment either because no one knows what is actually gonna happened to bitcoin in the future so no one actually can assure if bitcoin is going to continue or just gonna disappear after a few years. Before investing in cryptocurrency or bitcoin people should already know the risk in investing in bitcoin that it is not guaranteed that holding bitcoin is going to give you profit. Something could easily make bitcoin disappear in this world and with that, a lot of people could easily be lost their bitcoin investment. Maybe you could say that it is the safest investment that still it is not guaranteed. |
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I am a long term supporter of Ethereum and know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.
Ethereum will always be the number 2 cryptocurrency and bitcoin as the number 1 it is only going to be an issue if the Ethereum network issues are not going to be solved in the future. The high transaction fees are a big problem in the Ethereum network and if this is not going to be resolve in the future there is a chance that Ethereum is going to die because everything is going to use another network that is better. We have a lot of competitor for the Ethereum network but as long as they doing something they will still going to be a top cryptocurrency in the market there's no way another cryptocurrency is gonna catch up at this moment. |
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Some Defi Coins play very well on crypto market. Is it good time to invest in Polkadot Coin?
True, probably in the future it is going to be the next one after Ethereum. A lot of projects are already using this Polkadot and most of the projects are trying to use this because of the Ethereum high fees issues. The same as the Cardano so in the future, it is obvious that Cardano and Polkadot will be the next big thing in the cryptocurrency market. But Ethereum for sure will continue as the 2nd cryptocurrency and then bitcoin is still going to be the number 1 in the future. As the market price is still on the low side I think you should invest right now because these coin is going to blow up soon. |
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That is true probably millions of altcoins or cryptocurrencies in the market not to mentions that dead coins or dead token that didn't reach the market. In the future sure not all tokens are going to make it in the future because there will just too many tokens and that is going to divide the money that we put in cryptocurrency, and probably 99% of the tokens in the altcoin is not going to make it and only 1% of the coins in the market is going to make it somewhere around a thousand token probably. Probably why most people are just recommending bitcoin to everyone just because it is the safest investment that is going to make it compared to other altcoins.
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Is that so hard? So difficult?
Like cmon paying for 15$ value 30$ just to transfer
AT the moment XRP is number one. Its fast amd its cheap.
But really is that so difficult to make just one coin that works? The coin what is cheap and fast.
Or is the crypto only for tjose who got a lot money to Move so They dont care.
But seriously this fees are insane Now!!
And plz Can someone do the working stable coin.
Wich has just one working chain not that I have to Think If its erc20 or tron or what ever...
Can You guys create the one good working stable coin cheap to transfer and fast and easy to use
Is that all too much to ask?
The issue here is the transactions fee, you sound like all of the tokens in the market have a high transaction fee. When Ethereum is not that crowded the fee is not really that bad compared to what it is now. There are so many people that are using Ethereum which is why they need to upgrade the network like Ethereum 2.0. It's easy to create a low fee token as long as it is not crowded it wouldn't really cost that much like Bitcoin and Ethereum. Most people use XRP and you could actually use other tokens even stable coin when doing the transaction and then just convert it again to Bitcoin or Etherem when the transaction is already done. Why not use stable coin if you need a low fee transaction? |
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Given the recent NFTs hype, was wondering if we should get NFTs onto Bitcoin. Given that Bitcoin is the KING in the industry and the most secure network, shouldn't we be able to secure NFTs using Bitcoin's security? Just written an article arguing for the case that NFTs on Bitcoin should be relooked at, and certainly will bring the NFTs industry forward with Bitcoin onboard. - Most secure network
- Most well-established network effects
- Capital Pool of ~USD 1trillion.
I don't think it's necessary and I don't think it is a good thing because NFT's are just full of hype these days and something like art that we don't really know if it has its value, most of the time people are just assuming a higher value in NFT's even though when it started to a low market value. You know the reality when it comes to these NFT's and I don't think bitcoin needs something like these, we don't know if this trend is going to continue in the future but there will be millions of NFT's and that is going to divide the market that will surely end this NFT's trend. Buying an art will probably 15$ and then selling for 300$ is just ridiculous and there are some art work that is obviously not work that much that is selling for even more. |
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Hello. So, I was wondering if bitcoin is something that only the privileged and elite who have extra money leftover can invest in or not. Are normal people working minimum wage buying bitcoin, even if it is a small amount? Thanks.
I guess even if it is a small amount as long as you know what you are doing and know the potential of bitcoin you could still buy it and invest in it. I just started in bitcoin with just buying 20$ of bitcoin weekly and then just started from that 20$ to buying and selling my bitcoin when the price is pumping and when the price is dumping. If you do that in the past years continuously you could easily earn a good amount of profit today considering the market price of bitcoin today is around 50k$ and way back it was just around 400$ so you could easily earn a profit as long as you know bitcoin and buy it that time. |
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Most of the tokens are not easy to trade when you hold easily buy, hold and then sell because all of the tokens in the market are just volatile and it's just the nature of crypto. It could also depend on the platform that you are using like Binance or other exchanges where you could easily trade this cryptocurrency. For me, I would go for trendy tokens and hot in the market because that is what mostly to go up this day's something like NFT's that could easily pump its price because of countless projects these days. THETA, ENJ, CHZ, MANA are tokens that I think could easily double your investment and even for the long term because it's still a low-cap token.
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I don't think a project like UTK would be a good investment because there are plenty of projects that do this. For me going for Polkadots and Cardano is the best investment right now that could easily give you 10x in the coming months or coming years. Maybe a bit of BNB is also nice considering the Binance platform is having a lot of projects and on fire right now. CHZ or Chilliz is I think one of the best NFTs in the market and i personally think that NFTs are just getting started as we can see most of the NFTs are just low cap so i can easily see a x10 in this NFTs token this 2021.
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There is a start for everything , so i just get first time scammed and hope last time.
Since few times i follow polkadot env and liked their projects especially polkastarter . it's like the ico's for projects to raise money . I wanted to participate to one of them and got whitelisted to superfarm ($super) to buy in the presale at a good price but sended 0.25 eth to wrong adress . yes i'm little bit dumb they made a clone of their official telegram channel and i get caught . usually i don't do that but we all do mistakes .
the adress of the scammer : 0xC88b5F4aaE1C8f2778DEF2257b6bAf1BA62E4B09
i hope he will die with a cancer . i lost $447.83USD that's 50% of my humble portfolio and i worked hard to put this money in . i know that there is nothing i can do and i feel little bit down but that's life assholes are everywhere . Whitout this scammers cryptocurrency and the world would be better .
So just a little thought for me . good luck and get your money safe
It's really difficult to see all of the scams out there scams are just everywhere these days. A lot of scams are in social media platforms like Twitter where the cryptocurrency community used to influence or cryptocurrency projects used. You could always start over again move on and start afresh investment but take this as a positive lesson to double-check everything before going for an investment or even for trade. Personally, something where I need to spend money I really double check or triple check everything unless it is something like Binance or some exchange that I already trust but for a sketchy looking website or investment website I always doubt it. |
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Which altcoins would you select to invest now?
Mine are:
EOS
Alpha
Mantra
Cartesi
Siacoin
XRP
Reef
I'm not familiar with Alpha, Mantra, Siacoin. so I wouldn't try to invest in that token if I don't know a lot or probably do not trust the token at all. In my opinion, EOS is a dead coin already and not actually a great investment no pump in the past month and I don't expect anything for this token anymore, the same as XRP that I think is having really slow progress you could pretty much make a profit in the other altcoins in the market than just investing in XRP and holding for 5 years. Low market cap token like Cartesi and Reef is I think a great investment but have high risk because it is just low market cap tokens. |
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Great now the company is officially investing in bitcoin because I guess they will just hold the bitcoin payment they received in the company. It doesn't actually make sense accepting bitcoin and then just selling it. For sure the market price would change from time to time because the market is volatile. We know Elon Musk is an influential man in the cryptocurrency community and for sure we could expect that his tweets are just some types of hype but I guess it's great to see progress to this where other companies could potentially adapt bitcoin as well like Tesla.
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