Elon Musk is the behind of the pump of Shib but not the boss. I don't know what will be the future of Shib if it can still continue to increase. Shib is a meme coin so I'm not consider this coin as a good investment you know investing in meme coin is like a gambling they just pump and dump.
Yes,it didn't stop there, I also heard that the man gave the founder of Ethereum millions of dollars in the form of SHIBA coins. but the founder of ethereum chose to sell the coin to help the victims of covid-19 in the country of india. back to the topic, if you want to invest in hype coins, you need to pay attention, don't use big money, and leave after making a profit. This is a good idea to avoid future losses, when we have made a profit then the easiest thing is to sell the capital and we just hold the remaining coins, but I am optimistic that the future of SHIB will be bright so I will not sell for now. |
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Blockchain is very dependent on the internet, if the internet is down then we can be sure we cannot use cryptocurrencies, this is what makes many countries worry about the internet so that many countries always innovate to provide better internet services, the impact of the internet is very large and of course not only cryptocurrencies affected but almost all transactions today are highly dependent on the internet.
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After getting new ATH last April I'm optimistic there will be new ATH again this year, moreover the transaction volume in October continues to increase because many companies have announced developing bitcoin so that more and more active users, this will have an impact on prices that continue to increase so that the price is $100 We can achieve this this year, maybe before December.
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Although BNB and Solana are good coins but for now I will focus on Solana, out of the top 50 rankings only Solana looks stable and this is a strong indication of investor confidence in Solana, of course investing in Solana long term is the most profitable.
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In investing, of course, we have to be selective, especially for long-term goals, choosing coins that have been tested is important, competition for more than 12k coins in the market makes the competition very tight so many coins can't compete and die, I only make coins that are already have a marketcap of over $1 billion for long term goals, currently there are around 90 options.
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There are currently over 12k coin options and I'm sure many will die from not being able to compete. For long-term investment then I only choose coins that already have a market cap of more than $10 billion, some of the coins I recommend are Solana, TRON, Polkadot and Uniswap.
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Speculation and volatility in bitcoin are two situations in which we are accustomed but for the new ones who are just learning how to handle it it is a complete challenge. Some are fearful of losing their money, others assume it. I think both are natural characteristics in bitcoin.
I remember a few months ago I introduced my brother to crypto in the recent bitcoin crash he kept calm and continued to invest.
Bitcoin is a good thing for us to make long-term investments, the main key is to be patient to wait so we can get profit, speculation is a natural thing in investing because without the courage to speculate we will never get big profits. |
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12 years is still a short time, moreover there are no companies that actively and massively promote bitcoin so bitcoin is difficult to develop, but the good thing is that the bitcoin community continues to grow so that bitcoin is increasingly actively used and has an impact on prices that continue to increase.
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I think bitcoin can be useful for both, but because there are still many countries that banned bitcoin, bitcoin is more suitable to be said as an asset, this is because the value that is always changing is similar to other commodities, but the thing that makes me happy is because the value of bitcoin continues to increase so I buy bitcoin is a very profitable thing.
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For myself Alt only as a distraction to invest but not long term. I still believe in bitcoin as a long term investment. However, it is possible that there are some very good altcoins. Therefore it is necessary to analyze before investing.
Bitcoin is suitable for the long term but the increase in profit will not be like altcoins, with expensive prices it takes a long time to achieve 100% profit, but with altcoins, 100% profit can be easily achieved, especially low-priced altcoins under $ 1 of course easy to get big profits and in a short time. |
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Dogecoin is one of the top and most popular cryptocurrencies and we all remember that before Elon Musk started advertising Dogecoin on his Twitter profile, Dogecoin had no problems and before Elon Musk, Dogecoin was used by a lot of people and also a lot of people constantly invested in Dogecoin before Elon Musk started advertising Dogecoin, so if Elon Musk will no longer write anything about Dogecoin, then nothing bad will happen to Dogecoin, and indeed now, due to Elon Musk, even more people know about Dogecoin and therefore, when the next growth of the cryptocurrency will market start, Dogecoin price will start grow, so I am waiting for a new pump of the cryptocurrency market and, of course, Dogecoin itself.
A good coin certainly doesn't depend on one person like DOGE, I know DOGE to be the second coin I've ever bought after bitcoin, and after Elon Musk left DOGE I don't think this has much effect, DOGE's daily transaction volume is still large at around $900 million and this proves DOGE can still survive without Elon Musk. |
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In general the market is dropping today (bitcoin, ethereum, BNB, ADA red), but I'm happy because some of my coins are actually going up, this is important for us to divide assets into many places, if we are too dependent on strong coins like ethereum or BNB then we will lose, invest in lots of proven coins can cover losses if the market goes down like today.
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This week I invested around $320 to buy 4 coins namely Solana ($150), TRON ($50), GOMA Finance ($100) and the rest UNISWAP. I am sure that the future of cryptocurrencies will continue to be positive so that if we dare to invest from now on we will get big profits, and the value of the 4 coins in general has rise about 8%, the biggest increase is GOMA.
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Solana is a promising coin and doesn't hesitate to invest big and long term, today it has gone up more than 7% while the top 3 only ethereum is up 4%, a few days ago I also invested around $150 and I will hold it for the long term.
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This is not financial advice of any kind.
Yes, that is a very probable scenario.
As I said before until ETH 2.0 upgrade, Ethereum is probably the safest bet out there.
It’s getting more scarce each day with a burning mechanism, it is still Proof of Work blockchain and more than 30% supply locked until ETH 2.0.
Although I still believed that Ethereum will reach at least $5,000 or more by the end of 2021, there are no promises or guarantees here. I am bullish on ETH by the way, as it is my major holdings in my portfolio right now. If not, they could touch down at least $4k once again. True, ethereum has a chance to reach $ 5000, currently the price of ethereum is around $ 3000 and to reach $ 5000 I can be achieved this year, we can see that ethereum is a coin that continues to rise and is not too dependent on bitcoin, as evidenced in a week bitcoin drop over 15% but ethereum only dropped 6%, and today it is up more than 3% while bitcoin is down 1%. |
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The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.
HEX is a token that has skyrocketed this year, I think if you have a large amount then I recommend selling even in small portions, holding is a good technique because it is easier than daily trading. |
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i think we are all greedy, No matter what. greedness has cause us huge loss. everyone wants the crypto market to keep raising without falling. just like it happened from September to MARCH last year. we saw a huge price movement which made many people move into crypto thinking it is all about bull run. the market will always correct itself
The number of greedy peoples will certainly make the market difficult to predict, especially if there are many scam projects so we must be careful with our coins, even though the market is dropping again, but I'm sure that the end of the year will be full of big surprises after Mr. Elon Musk. |
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We must updatees anti-virus, this is the most important thing if we actively use a PC. This is my experience some time ago when the computer I used for bitcoin transactions had a strange experience, when I copy the bitcoin or ethereum address then when I paste the address it changes, it looks simple but if this happens then canceling the transaction is better.
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I believe that cryptocurrencies are not a plan from the new world order, cryptocurrencies are decentralized so they cannot be controlled, the one world one currency system is certainly different from the concept of cryptocurrencies which currently have reached more than 12k although it will decrease due to competition.
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Cuba is a country that has experienced an economic crisis for a long time, a high poverty rate due to uncontrolled inflation is a difficult factor for trying to develop like other countries, if the government tries to legalize bitcoin then this is a smart solution that will make the economy try to rise, of course there will be many an opportunity for all citizens trying to improve the economy if the government legalizes bitcoin.
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