Dogecoin, which started as a meme currency but received a lot of support from the billionaire tycoon in the past few months also gained in value. But this positive trend in the cryptocurrency market is no guarantee that it will see the bull run, which started at the beginning of this year, again so soon. At most, the value addition to the price of Bitcoin and other digital currencies over the past two days most likely seems temporary.
What are your thoughts about these 2 coins' future and is it possible that Musk will decide to the hype on something else also? Green coins are getting more popular. Why doesn't he mention any of them? Which one do you think needs such a kick?
I thought doge would return to its original price in 2 years, but that's not the case with bitcoin. maybe musk's tweet a while ago affected the price in the crypto market but to drop the bitcoin price it was very difficult it didn't depend on musk's tweet. currently bitcoin is slowly starting to increase in price i think it's a good positive trend and i predict it will continue. |
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Yes,but investing is a slow process and another thing if you are not good at trading then you might get some loss and if you are good at trading then it will give you profit, it depends on you. I prefer you to start from small invest and get small profit at the first.
I think they both have the same for and loss ratio. where if you choose to trade, the level of risk is higher and the opportunity to get a higher profit is also if you invest and vice versa. because in every trade or investment there must be a risk of loss. I think long-term investment is better but it comes back to each of us and the money we have. |
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don't know how many years it will take for ethereum to overtake bitcoin, but it'll happen for sure
I don't think so. even I thought it was impossible. I think a few years later ETH will have a strong rival and will even be able to compete with ETH. like BNB today. it would seriously threaten the existence of ETH at this time. I'm sure one day many people will go to BNB and leave ETH |
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How crypto currency change your life?
For me, When I was started it seems that in crypto world is not an easy way to have profits because of an online procedure and no controls. But then again when I know how to handle specially on Trading or in bounty program and that's the reason I started to earn.
trade patiently. that's my key to being able to earn from crypto. when I first got to know crypto I had doubts about it so that one day I got a lot of profit from selling the coins I got from the bounty. over time i started trading coins and i made a loss. then I learned it to be able to trade properly in order to make a profit and all I got was patience. that's the main key and never be greedy for profit. |
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Bitcoin is now the biggest opportunity in society. Bitcoin has existed for more than ten years, and it has driven the development of blockchain digital currency. Due to the high price volatility and other characteristics of cryptocurrency, there is a lot of room for speculation. Now more people are researching and investing in cryptocurrency, and the accepted scope of cryptocurrency is also expanding, and it can be traded and circulated all over the world.
Cryptocurrency is the development trend of today and in the future, and the biggest investment opportunity will be cryptocurrency in the future.
I agree with what you said. Very fast price movements create opportunities for greater profits. I think in the future there will be a lot of people who will invest in crypto, be it long term investment or short term investment. |
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whether investors' appetite for risk assets has decreased due to the surge in global coronavirus cases. The majority of the six cryptocurrencies with the jumbo market capitalization and most liquid transactions monitored are in the red this week.
I don't think so, the corona virus has passed, now many countries have returned to normal, yesterday's euro football match was proof that parts of the world are now fine. it is a matter of time for the market to go green again. Currently the crypto market is doing very well compared to last year. what you are saying is the fear of people who are new to crypto. even the volume of coins on marketcap that I saw today is increasing very rapidly compared to the last few years. |
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I see the price of BTC is too high $39,000/BTC. It takes very long for BTC to get $100,000. ETH price is $2800/ETC and the ETH market cap is $330 million. It takes a lot of money to double the price of ETH. I see some alternative network like ADA, DOT, MATIC (Polygon), LINK having lower price. It is easier to double money. I missed the price of BTC at $1000 or ETH at $100. I want to buy and DCA (Dollar Cost Average) for ADA at $1.75 in a couple months. So later I can have 10,000 ADA and hopefully the price will be $100/ADA in a couple years then I will be a millionaire. What do you think? Thanks.
if the capital to invest a little better like that. However, the advantage of holding large coins such as BTC and ETH is that the prices tend to be stable (not moving as far as Altcoins) and also with high volume allowing coins to always be in the market. for other coins we are not able to predict what will happen in the future. it is full of risk. |
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We have seen many moves from most popular currencies such as; BTC, ETH, BNB, LTC and EOS and the rest, this year most of it gained it's ATH.
What is your thoughts for the remaining part of the year as already the year is been cut into two part already, 6 months gone and this is the beginning of the remaining 6 months.
Will the market go higher or lesser?
What is your fate as we have moved to next part of the remaining year.
it's been a really great year where we just saw fantastic prices for both BTC and other altcoins a few months ago. for my prediction where now is the time when the coin price will slowly return to its base price. there may be a drastic increase but it will not be in the near future. |
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we keep the coins at least 5 years , but its too long imagination. you can proof it. 2018 early NEM coin was top 6 Marketcap now 56. so keeping its useless. we have to updated everytime and get the action the correct time and exit.
Now i think bear market is going on , so holding for 4,5 years just a imagination. specially i have to say that TOP 5 coins , we must keep most probebly they will surpass the All time high again.
what all your perspectives?
you are right, it is better to keep the coins in short term. or trade at any time. hold too long in my opinion is a big bet with a high level of risk. it's true that anything can happen. maybe there are people who can profit a lot by keeping a coin for a long period of up to 4 or 5 years but I don't think it's effective where a coin can continue to decrease in price as you say. better to trade or invest in the not too long term. it's a little better to minimize risk. |
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I tried trading Bitcoin a couple of years ago but quit after I lost $300. What advice do you have for me if I decide to start trading again? Thank you!
make sure that the money you use is not used for daily needs or not money for your living expenses. use your excess money so you don't panic when the red market occurs. Patience is the key in my opinion. |
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it is mental and spirit that is able to get out of poverty, it all depends on how one thinks to move forward, it is very cruel. even the poor are friends only with the poor as well as the rich only befriend the rich like him. although very few people are able to get out of the poverty line, the opportunity is there. when he wants to fight harder than anyone else.
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I always think when is the right time to buy cryptocurrency and I've thought of several methods for choosing the right time to buy cryptocurrency, that is :
1. buy coin during ICO, IEO or STO;
2. buy when the price down (dump);
3. buy when the project has a good news;
4. buy when the price starts to increase (pump);
5. buy when coin from the project listed on big exchange;
6. buy when the project already has a product.
Then from the methods I have mentioned, which method is the most appropriate to buy cryptocurrency or is there another method that you can suggest to buy cryptocurrency at the right time?
I agree with point number 5 you said. but at point number 2 I have a little comment where we don't know when the coin will be high in price, where when the coin goes down we buy we don't know for sure whether the coin continues to decline or will return high in price. What is certain is that in every trade there will be risk and the luck factor is also influential in my opinion. |
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I've been following a few Telegram conversations recently and I've seen a new project type that involves people hanging on to their tokens or coins and then passively earning BNB or another coin. Of course, this might be a wonderful marketing effort to get people to buy the primary token being promoted...after all, who wouldn't want to have passive income?
But, of course, we are always skeptical...do you believe that a programme like this can truly succeed and last? Or is this just another avalanche of meme token metamorphosis?
I also see and read a lot of things like that on social media, be it twitter or telegram. I think it's one of the team's ways to introduce the coin and so far it's been very good but I think the level of risk is very high where we invest in a coin that just appears, we can't know for sure the success of the coin. I never took part until now because I thought it was very risky |
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it's all because of unstable bitcoin price movement I think. let alone ordinary people who do not know bitcoin or also someone who says so has experienced losses in investing bitcoin. I think it's a natural thing for someone who is not familiar with bitcoin.
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Currently I have $109,750 in Bitcoin and $60k in alts.
I'm thinking of getting a loan to buy more alts now and more as Bitcoin goes down. The loan would be from my family and interest free. If the value of my cryptos drop I'm willing and able to wait up to five years to break even.
However, I could use some opinions first. What do you guys think I should do?
That is good. I really agree with your plan, where with the assets you currently have you can minimize the risk of paying your loan if something unwanted happens, such as a price that continues to decline until you cause a loss. You can pay off your loan with your current assets, which is quite a lot as you mentioned. Moreover, interest-free loans from families are of course very easy and there is no pressure to pay them off immediately. |
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The Simpsons, in an episode of the 32nd season, data on the virtual market shows that the development of Bitcoin is a symbol of infinity. For us, green means rising.
Do you think Bitcoin will be unlimited in the future?
what do you mean by unlimited price? I don't think so. it's just that the price of bitcoin will continue to increase if there are more and more users. and that doesn't mean the price will go up too, it will still be the same as it is now there are times when the market will be green and sometimes it will be red. |
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I am a little doubtful for the DOT coin in the long term with rapid development to make it into the top 10 coins in CMC it is very good but we also have to see and develop it so I doubt it. and now the price is very high it will be very risky if you invest at that time.
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anything can happen nothing is impossible but i think the price of $10k is huge and very difficult for ETH to achieve. if i have to say my prediction is probably $8k is the highest price ETH will hit in the future.
this is my opinion
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I saw many doge token listed these days
shiba
akita
baby doge
music doge
and many others!
And seems the first announcments are not on bitcointalk, so my question is: Where to get latest DEFI token news?
You can see it on social media such as telegram, twitter and others or on crypto news website that have news about crypto coins such as coinmarketcap and coinbase. |
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it will be good i think, my reason is because that way more and more people are willing to invest their money in crypto so higher demand will increase the price and even though there are volatile price swings i think it's normal and as it happened recently- recently This is what one of the most influential and richest people in the world did. Its impact is felt all over the coin, even though it is only the doge that catches the eye. imagine if other influential people also did the same with some other coins. it will be very interesting.
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