I do not recommend that you invest long term in memecoin, unless you buy and intend to sell it in a short time and when there is momentum for the coin to pump. because after that it will return to the original price.
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of course because only the best and most of the projects created in crypto are created just to make a profit/cheat and so on, so a small percentage that survive actually create useful projects. I remember several projects that I participated in at the beginning of 2018 and all of them no longer exist today.
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i don't see fomo like last year when most memecoins experienced a rise simultaneously, not all meme coins are like that now. because their hype is no longer there, instead new tokens are taking over for now, such as manta, ondo, sqr, and altlayer which will be listed next week.
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Just a gamble, take your money + profits off while the party is still on, be before you know it the door will be closed in your face and then you have nothing to rely on.
If it does crash before, it will again but then you can be smart enough to take the profits before the next exit, sometimes delay is self-denial.
I think that's good advice, I lost some money on Luna and it hurts but when there are pumps and dumps like that it seems like we have to always be on standby in the market, but that can be hard to do because we don't know when the time will come when someone throws the party. it's good luck if we're there and people start buying.
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If indeed meta gaming rises again and the crypto gaming industry will rise, then xai will be one of the best, with so many communities and backed by big companies, xai could become the biggest gaming project.
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i will buy celestia because i am very bullish this will be the market for modular, although other sectors will also not be left behind and will develop like AI,defi.
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I think using small capital will make the trader's mentality trained and then use large capital. Not all traders can easily understand market conditions, it takes quite a long time.
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I always discuss this, when I meet people who want to talk about it, and I feel their ignorance, especially friends who just have fomo when the bull market comes. join in buying without knowing what you are buying and only listening to influencers.
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I also experienced the same thing but not at Bybit, I did it at Binance, and it wasn't a matter of fees, but the leverage I used and the balance I used. for example if I have a balance of 300$ and I go long on ETH with a margin of 100$ and leverage of 100x at a price of say 2000$ I will be liquidated if the price of eth falls 3% because I use 100x leverage so 3% of 2000 is 60, so if eth touches below 2000-60=1940 then that's where I should be liquid but this isn't the case, my liquid price is at more than 1950, that's why I'm sometimes confused because it doesn't match what we calculated.
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I am not forbidding you from studying candles or technical analysis, but in crypto bad/good news will have a big impact on the market, so it will have an immediate effect in the short term. so you will get used to it later.
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I think the most unreasonable thing is when Bitcoin was trading below 1$, and now it has reached 40,000$. I think people who already knew about bitcoin at that time and up to its current state don't really doubt that bitcoin will reach 100k$, some people even predict the price of bitcoin will be above 1 million$. sounds like it's impossible until it actually happens.
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The more good news there is about Bitcoin, the better it will be for market conditions, but predictions could be wrong, but if you look at the current condition of the US dollar and the resulting inflation, this could happen, sooner or later.
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Everything could happen, even Apple shares could drop to 0, if no one uses the product. the same thing with bitcoin, I see that there are more and more users so the possibility of bitcoin dropping to 0 is getting smaller.
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I think the current market conditions have gone up in the last 3 months so we have to be prepared for a downturn before the halving starts, but some people also deny this and think that bitcoin will continue to rise until the end of this year, we don't know which is true, but sharing our opinions is also not a bad thing to exchange ideas.
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Everyone will definitely be happy to see the market improving, all projects are starting to be able to carry out their development, some projects may have been very disturbed by the market conditions during the bear period, and now they are slowly improving.
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but for some people who missed the TIA airdrop, you can stake for now, because there are so many new projects that will join the TIA network, celestia is the first modular blockchain network, so at least we prepare for the unexpected, maybe you can stake 1 TIA.
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Which wallet do you make use of, and under which blockchain do you have Ethereum? There are some wallets where tokens might already exist, but they won't be visible until you enable them manually through the wallet settings, especially for tokens that are not enabled by default. So if you can be kind enough to share which wallet you use and under which blockchain you have the said Ethereum, it will be way easier to get help from anyone who might have experience with such a wallet.
I think almost all bitcoin and ethereum wallets are definitely active because these two coins will always be in every wallet. So I'm a little confused why the wallet doesn't show the balance.
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The year 2022 ce with a lot of instability in the entire crypto market with some altcoins such as Solana losing their value by almost 70%. Even the worth of BTC and ETH also dropped drastically living many people confused and lost huge funds to this market instability (Bear market as it is called). As a new trader I would like to know from our experts, the altcoins with good potentials in this 2023.
solana lost value from ath more than 95%, so I think solana is so great now that after experiencing a decline like that it can still survive and come back again. People's enthusiasm for Solana shows this, from the price of 10$ Solana has risen to 128$ and is currently stable at 90-100$ because Bitcoin is experiencing a spot etf issue
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etf eth will be approved I guess, but there will probably still be some dips before the halving even though market conditions look better now. and we always have to pay attention to that.
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