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Investing in meme coins such as Shiba Inu, Pepe, and Lovehateinu can provide potential returns, but also carries high risks. While meme coins can increase their popularity and adoption in the market, it is important to do thorough research before investing. Not all meme coins will yield good returns, and investment decisions should not be based solely on trend or holdings without further research. In addition, it is important to apply the right investment strategy.
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I've been using the Imtoken app for a long time and I'm still using it because I see ImToken as a digital wallet app similar to Metamask and Trustwallet. They have a unique feature in their swap market which allows users to pay miner fees with owned tokens, without having to own Ethereum tokens. This feature can be useful for those who want to exchange their tokens without having to own a special token. Although there are other applications with similar features, ImToken has the advantage of being a platform that has been operating for a long time.
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The supply of illiquid BTC has continued to increase in Q2 2023, showing the opposite relationship to the price. BTC's recent pump to 30k caused a dramatic shift in investor sentiment. Bitcoin's sluggish growth over the last month coupled with legal action against the top exchange, has significantly dampened investors' appetite for trading. When FUD hit the market, most long-term investors started taking coins off exchanges to support self-custody.
With these changes taking place, investors may need to reconsider their strategies, considering the extent to which these factors can affect price movements and their profits. Risk evaluation and portfolio management are becoming increasingly important aspects in this dynamic market condition.
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I think all new altcoins that have been listed on CMC are good to invest in, but before that you should do further research about the altcoins to be invested, because not all new altcoins have good potential and prospects. but in my opinion a new altcoin and the one that has a great opportunity to be able to provide a lot of profit in the long term is Solana
Indeed, investing in altcoins can be the best choice for traders to earn money because considering the high price of Bitcoin it might prevent us from being able to buy it because we don't have a lot of money. However, not all altcoins on CMC are good to invest in. It is better to invest in altcoins that have strong and proven fundamentals because if you choose the wrong altcoin, you can experience losses. We know that it is good decision to buy altcoins to earn profit but it is tough to find out best altcoins for investment. For this, we have to analyze market very well and lot of experiences are needed. If you have low budget then it is good decision to buy some potential altcoins for future benefit. When the market is bearish, it is better to invest in coins who have a reputation or top ranking, many coins choices that we can buy, investments in new projects are also very good and we can do for daily or weekly trading Investing in new projects is very risky because many new projects are not necessarily successful or are scams. Especially lately there are many new projects that offer tempting concepts but in the end their coins are scams. Need a good understanding in determining new projects to invest in. Therefore, in the current bear market situation, it is better to invest in altcoins that already have a good reputation than invest in new projects. |
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To me both look good, investing in gold first or BTC later, but I'm confused by the current market conditions especially in terms of ROI, who is the fastest to move on?
Many people think that gold investment is a reliable investment because it will not lose value, but there are also those who say that bitcoin investment is the best choice because when market conditions improve, the profits that can be achieved exceed the previous price. but for me both are the best investment True, both are the best investments, moreover gold or bitcoin both have their own advantages and disadvantages. In terms of price, gold which is not easy to go up and down tends to have minimum risk, while bitcoin can get more profits and tends to be positive every year, but has a fairly high risk. Indeed gold and bitcoin are the best investments, but in general, many people prefer to invest in bitcoin because they can get higher profits even though the risks are also high. That's why bitcoin has become famous and most popular in the last few years where the price increase is very large compared to gold. Therefore, investing in gold or bitcoin must have a good strategy because if we do the wrong strategy, we will lose. |
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What is happening with the market today makes many people worry that cryptocurrencies will face difficult times even more difficult than in previous years, this is what makes us have to try other investment alternatives and of course gold is the best choice.
Right. I agree with you that in the current volatile crypto market situation, we must be able to find other alternatives to invest in order to reap profits and gold is the best choice for investment. Moreover, as we know that the price of gold does not fluctuate as much as cryptocurrencies, even investing in gold tends to be safer because the risk is small. |
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True, Hold is the best option to avoid losses when the market is bearish, of course only coins that already have a large marketcap that we worthy of hold for the long term, so don't be too brave to hold new coins.
I agree with you that in a market situation in a bearish trend, one of the best strategies to avoid losses is Hold because if we panic and cannot manage our emotions, we will get losses that are difficult to avoid. So Hold bitcoin, ETH and BNB is great in the future. Moreover, if later bitcoin can set a new ATH record, I believe ETH and BNB will also experience a very significant price increase. |
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I think all new altcoins that have been listed on CMC are good to invest in, but before that you should do further research about the altcoins to be invested, because not all new altcoins have good potential and prospects. but in my opinion a new altcoin and the one that has a great opportunity to be able to provide a lot of profit in the long term is Solana
Indeed, investing in altcoins can be the best choice for traders to earn money because considering the high price of Bitcoin it might prevent us from being able to buy it because we don't have a lot of money. However, not all altcoins on CMC are good to invest in. It is better to invest in altcoins that have strong and proven fundamentals because if you choose the wrong altcoin, you can experience losses. |
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Gold and Bitcoin have the same function. However, the risk in investing in bitcoin is that its price is more volatile than gold. Therefore, you can consider a number of things before choosing gold or bitcoin as an investment instrument. With these considerations, you should be wiser before deciding to invest, both in the short and long term.
Bitcoin investment is high profitable , And investing here is a wise man's act. but It's like a gambling. so investment in bitcoin is high risky . but gold is a strong physical assets and it is also profile but it is always risk free and it is not like gambling . so if you have lot of extra money i will suggest you to invest some money on bitcoin but if you don’t have much extra money then you should invest your money in gold for your money save Indeed, gold has physical assets and the price is more stable than bitcoin. but investing in bitcoin even though the price is more volatile, sometimes we can get multiple profits quickly. Therefore, if you have a lot of money, then investing in gold and bitcoin at the same time is certainly better to add assets as diversification in your portfolio. |
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It is very important not to panic when the crypto market crashes. When the crypto market experiences a very deep price correction. You can look for alternative ways to secure your assets. Or, if you haven't found an alternative, just save it while waiting for the market's recovery momentum. Therefore when the market crashes the best option that can be done is HODL.
I don't agree, when the market crashes don't try to hold!, because HOLD is not a good thing when the market is bearish, it's better to use or install stop losses, because stop losses will help us not to lose a lot, and of course we can buy back when the price drops much cheaper If storing in the long term HOLD is a good choice. Moreover, if you sell in a bearish market situation, you will experience losses. Not many people understand how to use or place a stop loss. Moreover, placing a stop loss is very risky to lose in a bearish market situation if you do not have technical analysis skills. |
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As at the time this thread was created Bitcoin price and the orice of most coins in the market then was on a bull run with price around 50 to 40k which was not a good price to buy, but at the moment Bitcoin is still below the 25k level which make it the best time to buy since the bull market is about to begin.
Bull market will indeed exist again, but I don't think it will happen anytime soon because of the Bitcoin price movement in the last month and this month I see it is still above $20K and below $25K. So I doubt that the Bull market will start soon because for me there is no sign for the Bull market at this time or in the near future. So buy Bitcoin now before it's too late or before the next bull happens Maybe fundamentally there is still a lot of bad news circulating so it is difficult for a Bull Run to happen in the near future. Moreover, seeing the decline in bitcoin prices which tends to be bearish, it is possible that the bitcoin bearish phase will continue until the end of this year. Apart from that, the bitcoin price is currently trading in the $20k-$19k range and the area near $25k seems hard to reach in the near term. So, to indicate bitcoin may have another bull run, then the next resistance area is above $26k which is a key area. |
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The two have distinct advantages and there are a variety of variables to compare between ETH and BNB. However, in terms of transfer fees, I choose BNB because the transfer fees are cheaper, so it is more efficient.
this isn't talking about fees but about investment, meaning if ethereum has cheaper fees then you prefer ethereum? right? don't look from one point of view but look at the potential of the coin If you look from the point of view of potential in investment, Ethereum is indeed more profitable because we can get big profits when compared to the results of BNB investments. But basically either BNB or ETH, both have their own advantages and disadvantages regardless of which point of view we see it so we can choose one of the two. |
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No one knows for sure, when the crypto market will go up or down. If you are sure, please buy altcoins that have bright futures such as ETH, BNB and LTC when prices are experiencing a correction. But, if you're not sure, don't buy it. You need to know that investing in crypto, we must already know and be well aware, that, the worst possibility is a loss.
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In my opinion, the cause of the recent decline in bitcoin prices is due to the liquidation of cryptocurrency by many people and at the same time causing negative sentiment in the market. In addition, the sharp tightening of monetary policy carried out by the FED has weighed on the crypto market so that its effect on large institutional investors is doing a massive sell-off.
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The two have distinct advantages and there are a variety of variables to compare between ETH and BNB. However, in terms of transfer fees, I choose BNB because the transfer fees are cheaper, so it is more efficient.
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If we want to profit in a short time or a maximum of 3 days then now is the time to buy, I have often bought when the price of Bitcoin dropped in a few days, especially since it was a week the price of Bitcoin Red then in 2 or 3 days it is likely that the price will skyrocket again.
This strategy can be used to get a smaller profit when the market situation is in the red zone to buy bitcoin. but if the target wants to get a big profit it's better not to trade in 2 or 3 days because if the price will continue to skyrocket then you will miss the opportunity to get a bigger profit. |
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It's been 3 days the price of bitcoin dropped below $ 35k, some time ago when the price of $ 35 K then the price will return to $ 40k, but it is 3 days the price is still below $ 35k, hopefully this is not a bad sign that the price will continue to fall The best thing when you see the price of drop is to buy more.
For almost the past month, the market has been declining. Today, there is a lot of doom and gloom on the market. Many of the merchant's old holdings have been liquidated as well. For now, it might be an opportunity for you to be able to engage in short-term trading. When the market's attitude is down and the price drops below $30k, it's time to buy and sell with a small profit. |
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The price of bitcoin has fallen the most since late April. So far, bitcoin has tried 3 times to break the support point at $32k but always failed. And the last few weeks, bitcoin broke through support at $30k and dropped to $29k. If next week the bearish trend is getting stronger, bitcoin price will drop towards the support level in the $24k-$25k area. Maybe in the middle of the crypto market, there is a bearish trend like this. Those of you who are buying more now will have a big smile on their face later when the bitcoin price skyrockets significantly again.
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I think if Russia really legalizes bitcoin in its country then the existence of bitcoin investors and miners in Russia can breathe a little easier. However, even though Russia legalized bitcoin, it is still under strict supervision from the Russian government authorities.
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