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601  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How are your shitcoins? on: October 11, 2021, 10:39:26 PM
I think this bitcoin-only bull run so far not only affects shitcoins but the entire altcoins space.
It affects all altcoins' prices as you said. I have some altcoins, including shitcoins, all of them are affected by the increase of Bitcoin now. But I am not worried because looks like Bitcoin won't suddenly reach $60k, it seems to stay at $57 first. If it happens, altcoin prices can increase again because Bitcoin is sideways. I think there is still hope for altcoins to increase again. As long as Bitcoin keeps increasing, it is also a good sign for altcoins' prices.

602  Alternate cryptocurrencies / Altcoin Discussion / Re: NFT for money laundering? on: October 10, 2021, 11:58:37 PM
NFT future isn't so clear, surely won't be the right place for money laundering. I don't see a big reason that people want to have NFT for money laundering. However, the possibility of using NFT for money laundering isn't impossible. For a few people, NFT may be suitable to put their money there. The people who love NFT, may use it for money laundering. While the common people, I guess they prefer to choose Bitcoin for money laundering.
603  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM stolen in a liquior store on: October 10, 2021, 11:52:56 PM
I think the thieves assume that people can convert Bitcoin to cash through the ATM. So, they are intended to steal the cash, that's the reasonable reason. If they want to steal Bitcoin, they won't steal ATMs but trying to hack exchanges' wallets. Although it is not clear what the real purpose of the thieves, but I believe they did it to get instant money, which means stealing fiats (cash).

604  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best altcoins to hold during a bear market? on: October 10, 2021, 11:42:56 PM
I don't expect a bear and bull market war, long term formations should be planned,
I don't understand this statement. What are you talking about, buddy? The bullish and bearish are always there, they go and come at any time. There is nothing wrong with this, both are needed to make crypto market alive. It is impossible if we only have bullish, never happens for a digital asset to increase only without a decrease. For the long term, both cannot be predicted and planned, bearish/bullish goes and come naturally.

605  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it possible for SHIBA INU to reach 0.01$? on: October 09, 2021, 11:36:29 PM
It's a sign that too many whales have taken their profits.
Whales should already take profits on October 7, it was the day when the price of SHIB increased very significantly. Now, the price of SHIB gradually decreased a bit. The whales may still try to grab people's money but they are not as aggressive as before. If there is no big news again about SHIB progress, we can predict that the bullish on SHIB is over already. Be careful of massive dump after significant increase...

606  Bitcoin / Bitcoin Discussion / Re: Is bitcoin an asset or a currency? on: October 09, 2021, 11:26:54 PM
but the majority of what is happening today bitcoin is more likely to be used as an asset for profit
It happens because Bitcoin is only legalized as a digital asset in most countries in the world. So, people cannot use it for payment purposes. Another reason is Bitcoin price very volatile, it is the chance of gaining money from trading/investing in it. Some top companies and popular people already invested in Bitcoin, which also triggers more people to use Bitcoin as an asset. These are some reasons why people prefer to use Bitcoin as an asset than using it as a payment tool.

607  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best altcoins to hold during a bear market? on: October 09, 2021, 11:09:15 PM
I dont tempting to keep other than USDT, as data said and my own experience, USDT is stable enough to hold our assets during volatile markets, so USDT still my best option until now.
Crypto market is always volatile, it is the way for crypto coins to move significantly. I don't know why you prefer to buy stable coins, it is not the right coin for investment. If you have a goal for big profits, you must choose other coins. Having volatility doesn't always mean risks, it is also the chance to gain bigger profits. If you are holding a coin that has a stable price, how can you gain big profits? Except, you only want to put your money in a crypto coin without hoping for significant profits.

608  Economy / Trading Discussion / Re: online course for trading on: October 08, 2021, 11:59:29 PM
You don't need to follow a such course, just learn from any sources both videos or articles. Online won't learn us about experiences, it is all only about theories. If we want to know the theories, there are already many sources to read. What we should know is the experience, it can be from experts or from our own trading. Experts won't offer newbies to learn them online, most of them keep their identities. So, we can expect much if the online course is trustable.
609  Bitcoin / Bitcoin Discussion / Re: Is bitcoin an asset or a currency? on: October 08, 2021, 11:49:55 PM
for me bitcoin is like an asset for investment in general where if we can store it well then it will be profitable in the future.
You define Bitcoin as an asset because you only use it for investment purposes. I guess Bitcoin cannot be used as a payment tool in your country. That's why people in your country will consider Bitcoin as an asset only, including you. I bet you also will tell us that Bitcoin is a real currency as well once it is already legal as a payment tool in your country. People have different perceptions now because they use it differently.

610  Alternate cryptocurrencies / Speculation (Altcoins) / Re: the most bullish altcoin of the week? on: October 08, 2021, 11:44:37 PM
it has absolutely no reason to be bought but market manipulation makes people buy and sell stupid stuff so it is easier to convince people.
Not all people who follow it are stupid, some people know that the hype is the chance to grab money. The rule is simple, if you know well how to play the game, you deserve to join. We just call stupid people if they only follow buying without know well what they are buying. I suspect many experienced traders have been rich because of this SHIB hype. While the newbies become the victims.

611  Bitcoin / Bitcoin Discussion / Re: Is bitcoin an asset or a currency? on: October 07, 2021, 10:57:02 PM
I think that Bitcoin is an asset rather than a currency. As long as Bitcoin is not the currency of most countries, I won't be seeing it as a currency like fiat currencies.
You don't need to conclude what the most function of Bitcoin is. In reality, Bitcoin is really used both for a digital currency and a digital asset. We can use Bitcoin for those two functions, but it depends on where you live. In my country, it can be used as a digital asset only. While in a country like USA, it can be used as a payment tool or a currency to pay for goods. So, it is real that Bitcoin is a currency as well, although I don't use it in my country. It is already a legal currency in some countries.

612  Alternate cryptocurrencies / Speculation (Altcoins) / Re: the most bullish altcoin of the week? on: October 07, 2021, 10:47:46 PM
today the most bullish coin is SHIBA INU , bouncing to more than 300% increase today .
looking at the movement?  it seems like may break 400% growth before dropping back .
SHIB price increased impressively, but it already dropped gradually lately. The highest price today was around $0.000035. I think it can be the highest price of SHIB, probably won't reach 400%. I believe that the hype of SHIB continues, but I suspect the price will have a correction first. So, I think it is not the right time to buy SHIB because SHIB may be not of the bullish altcoin again in the next few days.

613  Economy / Trading Discussion / Re: Emotions should never be traded. on: October 07, 2021, 10:38:41 PM
Never trade based on your emotions. Calculate carefully before investing.
I agree with this. Trading by emotions will lead to the loss only. Better to be careful and control ourselves from buying based on emotion or panicking. There are already many people who experienced bad stories because they cannot control their emotions, just invest or trade on a panicking or emotional basis. At the end of the day, they lose huge money and leave crypto market with a bad ending.

Well, calculating or analyzing everything before buying, is a must. This plays a big role to determine the chances for profits and security in trading/investing.

614  Alternate cryptocurrencies / Altcoin Discussion / Re: Becareful with Meme Coins on: October 07, 2021, 10:31:36 PM
Meme coins are really good for trading since its really volatile and have huge daily volume. But becareful of its dump, since its can happen anytime.
It is only good for the people who know how to trade meme coins, not really good for all people. As far as I know, only Dogecoin and SHIB deserve to trade daily, I have traded these two coins before. These two coins also have already big volumes in the market. But for other meme coins, I am not sure to choose them for daily trading or hour trading, the price volatility is very extreme. I doubt that I buy the coin at the wrong time, then possibly lose all my money. Because meme coins with low volumes can increase in a very short time, then constantly decrease till a very cheap price.

615  Alternate cryptocurrencies / Altcoin Discussion / Re: Becareful with Meme Coins on: October 06, 2021, 11:28:11 PM
Meme coins serve no practical purpose, they are created as a way to make quick money.
Correct. Meme coins have no real uses, no clear purposes. This is why buying and holding meme coins are very risky. If someone wants to hold a coin for a long time, it is not recommended to buy meme coins. But if someone wants to do day trading, I think it is no problem to choose meme coins. Day trading is one of the best ways to use meme coins in crypto market. In this way, we are not holding them for a long time.

616  Economy / Trading Discussion / Re: Trading is not a Game . on: October 06, 2021, 11:22:16 PM
Be careful with what you are facing. Trading is like a double-edged sword. If you can't control yourself, it's best to be patient and learn more about this market. I have seen a lot of my friends fail in trading.
It is a common fact in trading, we all know it well. If your friends failed in trading, it may be caused by their strategies in trading. Your friends probably applied bad strategies and never evaluated how they traded crypto coins. It is very important to analyze the best strategies in trading, depends on the situation in cypto market at that time. In addition, your friends may forget to continue learning about how to trade properly.

617  Alternate cryptocurrencies / Speculation (Altcoins) / Re: the most bullish altcoin of the week? on: October 06, 2021, 11:16:13 PM
my suggestion to you would be TRX, XRP, LINA, BTT, HOT. If you analyze them well and catch them at the right time
Do you suggest us buy these altcoins? Actually, these are good altcoins but not really sure if it is the right time to buy them. I think we need to wait for the correction first. The price of this coin is already increasing, so not really recommended to buy. For XRP, I think we need to check again the update of their case against SEC. If it looks good, we can buy it. But if it looks bad, I think better to buy another altcoin.

618  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Let's pay attention to BNB? on: October 05, 2021, 11:10:49 PM
BNB, which has risen to the level of $ 440, does not seem to be a surprise to reach the level of $ 500 by the end of the year.
If Bitcoin can continue to increase its price, at least can survive above $50k, I think $500 can be reached before the end of this month. The current price isn't very far from $500, it is already about $442. I am very confident that BNB price can increase significantly this month, especially if there will be good news from Binance coin about this coin. As a holder of BNB, I suggest continuing holding BNB.  Wink

619  Economy / Trading Discussion / Re: Trading is not a Game . on: October 05, 2021, 11:05:36 PM
Yes, trading is a serious business, not a game. Newbies cannot trade without a good understanding both of the crypto market and trading crypto as well. At least, newbies must have enough knowledge about trading crypto and learn how the nature of crypto market. If newbies aren't familiar enough with crypto market and even don't understand yet how to trade well, it is better to not start buying a coin.
620  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Dogecoin Is Crypto's Most Dangerous Joke on: October 05, 2021, 11:01:33 PM
Absolutely agree, its like a ponzi mechanism with many whales among ecosystem that ready to take profit when the price pump.
If you mean the price of Dogecoin is increasing because of the factors of manipulation made by whales, even top altcoins also have the same way. So, I am not sure to say it is a Ponzi scheme, it is different. I think it is a fact that all people involved in crypto must admit, the whales' power has a big role in the crypto ecosystem. The whales can lead the price to have a pump or a dump in a certain time. They take advantage of this scheme.

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