in the current situation, the most comfortable thing is to buy it, by getting a cheap price, we will have a larger number of tokens, and of course it will be easier to make a profit, when the market goes up, and when the market goes down, we are prepared to buy it back , because rest assured no one knows when a reversal will occur, so we net coins according to the analysis we have done
While this is a good time to buy bitcoins cheap, we should research when we can buy them so we don't buy bitcoins at high prices. Maybe we can analyze it first while waiting for a red candle to appear in the market so that we can buy it cheaply. But if the price goes down deeper, you don't need to panic because maybe it's a correction still happening and it's time to buy again and hold it. But if you are afraid of price changes, you may not need to enter the market and just wait for the price to reverse. The only reason people get panic because they were threatened when there is a bear season believing that everything is bound to fall, not knowing that this bear market brings another opportunity to buy and invest, and be profitable when the market recovers. If we just keep on buying bitcoin and hold it for long term during bear market, then we will surely overcome the struggles that mostly people create every time the market is bearish. before starting to buy in the bearish season as it is today, making a framework before trading I think it is very necessary, so that we will be able to implement a strategy to determine the buying area, because in the bearish season it could happen that the price will continue to fall down, and by placing some support areas then it will be easier to place pending orders. actually what to worry about, considering the current market has dropped almost 70%, I think the best option, buy...buy...and buy... |
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I have a question! I am looking for an active messenger or telegram group (other platforms..) of crypto day traders to share information, signals, news... Do you guys have any suggestions?  Just like many other here, I really hate any signal group because I’m also a victim of those group who are claiming to be professional at giving tips but in the end, they will just left you behind. Well, as a newbie you should not forget to invest on your knowledge first, that’s very important and you should pay attention to that. it's true, for beginners it would be better to invest in bitcoin or ETH, and if you want to trade don't look for quick ways to earn money, such as copy trades. it would be better to learn from people who already understand trading so that it makes us understand trading better, it does take time and of course high risk, but believe me, we will get a lot of experience that can be used as the basic capital for our trading later. |
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Education is not the only key to success anymore, then we all be believe that, if we don't go to school, we can't make it, the country is something else, we should find all means to be a successful person in life, education is good, but we have to find all means to make it, country which a graduate is riding bike, someone that spend thousands of naira to go to the school, is now riding bike, imagine,
Graduation in formal education is a must if you want to seek better job since most of the good paying jobs require you to have decent degree and cumlaude in order to enroll to those jobs. But to support your formal education, you also need different source of learning for example from internet or just simply from other people outside of formal school. Education is important especially in these days. for me education is very important to change a person's mindset, in the world of education we will have a broader perspective because every day we communicate with people who want to always improve the quality of life. and after that what we are looking for is our potential to be developed. Although nowadays many people are successful not because of formal education, but rest assured they are struggling beyond the limits of ordinary people's abilities |
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I believe Russian war has created so much problem for the whole world. This oil crisis after Covid is not over yet.
Now in our country oil prices have reached to the highest and this is bringing everything to the extreme higher price. And Biden is very upset for the steps he is taking. He pull his forces from Afghanistan and started a cold war with Russia. Not a good move.
Biden will be 80 years old in a few months and it is rumored that he is suffering from dementia. I don't think that he is the decision maker within the US government. He may be the face of the government, but the important decisions are being taken by the far-left cabal that includes Kamala Harris and Nancy Pelosi (not to forget Hillary Clinton as well). The next POTUS elections are just two years away and it will be interesting to know who will be the nominee from the Dems. They may opt for a moderate face such as Beto O'Rourke, while Kamala/Nancy will pull the strings behind the curtain. a decision that makes inflation higher and certainly affects the development of the world economy. Currently oil plays an important role in the distribution of all goods, and if there is an increase in oil, it will affect the price of everything. apart from political activities, of course they only think of their own benefit with various policies, and in that country it seems that they always want to be a leader for the whole world, instead of mutually beneficial cooperation, the problem that Russia is currently facing is, of course, not as easy as it seems. |
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The gas price continues to increase not just in EU but also in other countries, this kind of law is just temporary and seriously might not affect the gas consumption that much. If EU really concern about this, they should think for a long term solution because I can’t see any reconciliation with Russia to them, they should start looking for other supplier at a much lesser price.
From today (31st August) onwards, Nord Stream pipeline will be closed for gas transport. This will exacerbate the situation in Europe regarding the availability of natural gas. Now the only transport route for Russian gas to Europe at this point is the one through Ukraine. And if the supplies get disrupted there, then catastrophe awaits the Europeans. And the Europeans are getting really desperate. The French have now invaded Yemen in pursuit of natural gas (not sure whether it will be of any help for them). and what is happening now with this policy is that the EU community is the victim. Until now inflation has occurred on a large scale, and of course this is like suffocating the people. quite miserable. and not only for the EU, of course the whole world will be affected, because many other countries need products from Europe to meet their daily needs. I hope that good diplomacy will take place soon, considering that so far there doesn't seem to be an agreement to relieve each other. I'm afraid that this kind of condition will have a bigger impact than the occurrence of war |
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In my opinion is the best time to buy, when compared to the 2021 market, there is a correction of more than 60%, many of the assets that I keep such as ETH, TRX, DOGE, Cake and so on significant drops even the highest is the cake that drops more than 75% , I last bought when the price of $ 12 and now the price is only $ 3.7.
Yes while Market is down more than 2x and it's best time to buy some too coins but not all at once because some big expert saying that we may see BTC drop to 12k . If this happen we may see more dump in alt market. I think it's best to buy coins only 30% and then wait for further dump. If Bitcoin goes down then another 40% at low rate and rest should be Hold for Golden opportunity or short term profit. if bitcoin actually drops all the way down to $12k, then this will be a pretty good year to buy some assets to hold on to for the long term. to be honest, right now, i also think that the current state is pretty good to collect popular coins like bitcoin, ethereum or bnb because the current price is quite cheap. Also, for the OP's question, the timing of buying and selling depends on the strategy you have. at this time, you can sell the assets you own to avoid dumps that might occur due to FUD, or you can start buying little by little to increase your assets. to reach $12K I think it's also difficult to happen, there is still support in the $17k area and that means it must be broken to get to $12k. but it is true that we should divide the capital by buying some of it now and leaving it to buy at the next price in case of a deeper price decline. until this month in 2022, it would be better to look for buy-and-hold areas. unless we make a trade, maybe we can already enjoy the profit from the price correction that occurred earlier. The thing to watch out for is that the price is currently consolidating in the $20k area, and that means there will be a big movement after that |
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In the crypto world we can always provide solutions in predicting a coin, especially bitcoin, and there are a lot of different incomes from investors, as you said then in this case we must have confidence in investing and an increase of up to 100k this could happen in the near future, but I am more convincing that it will take time to be able to increase to the highest price because currently the market is indeed in a big decline.
Yes we can analyze but sometimes there are factors beyond that that change price movements. Regarding bitcoin to 100k, I'm sure it will come in time. Now we see bitcoin going down again and this seems to have missed the forecast due to bitcoin's recent rise, but suddenly the market is changing. This is what I mean sometimes there are other factors that change the direction of bitcoin. it takes a lot of support for bitcoin to reach the price of $100k, especially now that the world economy is not doing well, and not only is the crypto market experiencing a slump, the stock market is experiencing the same thing. I think there will be a price as mentioned in the future, but sooner or later, I don't think anyone knows, considering that currently bitcoin's highest price is around $60k, and that means if the price is bullish and breaks through ath, it is most likely to be achieved |
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Every altocoin is just going down looks like bearish market has not ending now. BTC comes under 20k. altcoins has touch very lower point which we cant believe. I saw a coin on kucoin called cws has dumped absolutely very low, you can say all time low. A good entry point to buy or accumulate. Crypto market is not looking good. Something is going to happened.
these are just new realities that you need to get used to.Many are waiting for growth just like that, but they forget that the world is not in the best economic situation right now.After the winter, I will think about everything, it will be clear in which direction the market will go. today there was a surprise from LUNC, which experienced a pump of up to hundreds of percent, but you have to be careful with altcoins, which move not in line with bitcoin which continues to move around $20k. immediately take profit I think it will be better, because it can easily return to square one. but if we hold eth or bnb, I think holding it until the bullish season comes will be better |
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Of course, buying the dip is a sure guarantee you will make profits, unless you are referring to shitcoins, but as long as it's Bitcoin, it's a sure guarantee to make profits, but it's all about a matter of time, which could take a month, 6months or a year to see a reasonable profit of your invested capital, which is why it's always advisable to always invest an amount you don't intend to use that moment or preferably, an amount you could afford to lose
For most people, the amount they are willing to lose is too small to make any significant gains. Therefore, at the initial stage of investing, you need to risk a lot of money in order to get a big profit, otherwise it can all drag on for a very long period of time. Bitcoin may fall in price even lower, but it is not scary to buy it now, because this level holds well and it is actively bought on falls. indeed most people want a small capital to have a multiple-fold return, so they choose a risky path to lose their capital. therefore it would be better to risk more capital and put it on bitcoin, that will make our lives calm. especially with this bearish season, of course looking for a buying area is very profitable, because our chances of getting a profit will be bigger and faster, but many people are still afraid, they are still waiting for the lowest price, even though no one knows, until in the end they lose the moment |
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Bitcoin is a virtual currency that is completely different from other currencies. This Bitcoin is used in almost all countries of the world.Because day by day people are trying to modernize and are more inclined towards crypto currency. Bitcoin Spread like a net all over the world. Its usage is gradually increasing. And its future is much better.
Not completely different but its main difference is that like you said it's only virtual but the rest of the currencies (fiat) has their own physical appearances. Many countries now legalize the use of bitcoin but there are some who are still foreign to it so they don't join the bandwagon for a while but others have banned it for some reasons (can be personal). I think those countries can change later on or when the time that bitcoin have became really stronger and are now being preferred by many countries to use on daily transactions aside from fiat currencies. The world won't be completely modernized if they will ignore bitcoin/crypto and the blockchain tech. if bitcoin is later legalized by a country that has a big influence on the world, of course other countries will consider it. until now only countries that have not been influential have legalized the use of bitcoin. but what we hope is, every day bitcoin is getting known and more and more people are adopting it from various countries, especially when the bull season arrives, it will bring many new investors to the crypto market, and that's what makes bitcoin one of the assets to invest in long term |
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The typical human mind initially considers the fictitious drawbacks and rejects the possibility of another type of money. However, a growing number of individuals are visiting exchanges like Binance, Primexbt, Kraken, etc. People are afraid because they were taught to be afraid as child. This is, unfortunately, what the educational system does.
I am also a victim. Wish I had joined this forum earlier.
Bitcoin investment is now not much feared by people. I've seen people invest in Bitcoin with energy now But if the movement of Bitcoin was at a steady state and the price wasn't dumping so much, people would be more dependent on it.However, people are now leaning more towards Bitcoin. There will come a time when people will spend most of their time on this poison coin and take it as the only earning activity. for those who understand bitcoin, there may be no fear to buy, especially during a bearish season like today. but for those who are still learning even just knowing bitcoin is not legalized by the government, then they will feel scared, especially from the current price of $60k to $20k, so it is natural for them to have doubts, because this volatility does not occur in other markets. or even there are people who are ambitious, so they are afraid to miss the moment, but the market moves not as expected, and they experience panic sell |
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Considering rate at which hundreds of cryptocurrencies are flooding the blockhain space it seems digital currency is taking over the fiat. But the question now is how does one get to know the right crypto project to invest in?
How much money do you have? If you don't have a too big amount of money, you simply choose the top coins for your investment. You don't need to do a too deep analysis, just pick the top coins which have good fundamentals. Besides BTC, you can invest in ETH, BNB, DOT, ADA, MATIC, or SOL. These coins are the safest coins to invest in, but it doesn't guarantee huge profits. You need to know when the best time to buy and when the time to sell them. Please, learn the market trends in crypto. indeed if we are not greedy to achieve profits of up to thousands of percent, then we can choose coins as you mentioned, especially if we want to relax in investing I think choosing bitcoin and ethereum I think is enough to save our funds to avoid rising inflation, but indeed the problem is this high level of fluctuation in crypto, can we control it. many people lose money because they can't control psychology in the face of price volatility |
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currently still experiencing the bearish season and do not know when it will end, it's just that there are many hopes that the bearish season will end soon. but do we have enough investment, so we hope this season ends soon, lest we be fooled by FOMO, which will lose money later if there is greed. it's better to save your investment now and patiently wait for the bullish season to occur, that way we will enjoy profits, not losers, because we can take advantage of current opportunities, therefore we must be able to change the mindset that the bearish season is a bad thing, instead we must be able to look for opportunities that exist
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Dear community plz suggest ferious and valuable source from their I can generate money, part time or full time yours thoughts share it ..
since you asked on the bitcointalk forum, I think I can explain the experience I had while joining this forum. here I become a bounty hunter and will get the results of the projects we are working on through the signature campaign, and after that when I get paid then I will allocate some for trading and investment, and the rest for personal needs. with the current prize situation which is not as big as 2017, then we must be good at managing it to keep earning daily income from trading and long-term income from investing, as well as to remain a bounty hunter for fortune |
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Because most of these altcoins do not have a unique idea for their project and use related to the Blockchain, or the team of most of these dead altcoins do not have enough capital to conduct marketing campaigns for the project or to pay the salaries of development specialists or to list the project coin in large exchange platforms and also perhaps that the altcoin project does not have interested investors, Therefore, most of these dead altcoins projects do not last long and their coins are worthless. Before you invest in any project, you have to get to know the altcoin project team and its experience and all the details from which you can deduce whether the project will live or die in the future.
Exactly. But most people are blind enough to recognize this since they're only thinking about getting rich quick. The vast majority of altcoins are pure cash grabs, as developers run away with the money during the hype period. Only a small number of altcoins provide concrete results to the public with active development and innovation. I'd say 99% of altcoins will die simply because they have no substance to them. The first ones that will go away are "meme" coins, followed by algorithmic stablecoins and single-purpose Blockchain networks (with the exception of Litecoin, Dogecoin, and Bitcoin). I wouldn't worry about most altcoins disappearing in the future as long as we have Bitcoin at our side. Just my thoughts  for me personally it is very difficult to predict a new project that will last a long time and even develop. Most altcoins will sink after pumping, and eventually reach the bottom and have a hard time getting back up, as if they had been abandoned by their developers. most of the altcoins just collect funds from investors and end up leaving the project after pocketing a lot of money, what's even sadder is, they create a new project and end up the same, for long-term investments, it is better to choose top altcoins, although they are still risky, but not as big as new altcoins, but unfortunately many investors want big profits in a short time |
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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?
We all know that real money is Gold and Silver. And gold price will be increased with time but if we talk about investment so I will prefer BTC over Gold because BTC has not been adopted by most of country and very high chances that BTC will be next Biggest investment asset. The increase rate of BTC is much higher than Gold . In 15 years it reach 65k$ so you can decide which is best for investment. yes, in terms of investment, bitcoin is a better choice than gold because bitcoin's ability to yield returns is much higher thanks to its volatility gold has been recognized and proven for its value for thousands of years, making it a store of assets because they are less volatile than bitcoin if possible, we should invest in both, diversifying the portfolio is advisable, both are good and worth the investment I agree to invest in both. we know that both have their own characteristics, even though bitcoin can provide a much greater return than gold, but we need to remember the risk in the event of a panic sell, instead of profiting but instead losing a lot, so the risk level of btc is greater than gold. while gold will be safer to invest and remain profitable in the long term, especially since it has physical properties, so it can double function when in the form of jewelry, and of course everyone recognizes gold is a valuable asset |
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The main goal of diversification is to share the risk by investing in multiple coins. for the distribution of the portion of the funds we invest, of course, varies, according to the level of risk of each coin. in this case money management is needed, to maintain our psychological stability against price volatility. Of course, the BTC and ETH coins are the biggest ones to invest in, and the others are according to their respective analysis. and I warn you to focus on long-term investment until waiting for the bullish season, so that we are better prepared to hold it, if the bullish season comes sooner, that is a bonus for us.
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I think that there is no application that works in the field of borrowing that works reliably except for the applications launched by banks that operate in a local framework. Even if these applications require a collateral to make them appear reliable, there is no guarantee that the collateral will return if you pay off the loan. It is noteworthy that there are currencies launched from projects claiming to be working in the field of loans. These are projects that still exist over time, and I don't know if anyone uses them.
Talking about loan applications, sometimes this is very dangerous, even if you see currently in my country, there are a lot of loan applications that have been introduced, even a lot of them are illegal. Actually from there it looks tempting at first because you can borrow easily but after that you have to be prepared with unreasonable calculations with the same unreasonable interest. In our religion - interest is prohibited - yet the banks deal with high interest rates. And people are bound to pay off their debt whatsoever it is. Sometime people are scammed - and they pay loans of other people what a horrible thing it is .. There are many incidents of people who are stressed because of online loans, some even experience suicide because they are under pressure and terror from debt collectors. but we also should not be tempted by their sweet words. most of us who want fast and easy funds, without taking into account the risk behind it, and this is what they use to find prey. because of the many victims, in my country there have been raids for illegal online loans, and now they tend to be safer |
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in my country because of inflation causing all goods to rise in price. basic necessities, especially those that experienced an increase, followed by electricity and other necessities. felt since the corona pandemic until now. especially after this the government plans to increase the price of fuel oil, this will have an impact on increasing all goods in my country, because everything requires distribution. and of course this will increase crime and and reduce social value between human beings, because everyone will think of himself first
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-snip- now is one of the opportunities to buy bitcoins.We have nothing to worry about Bitcoin, as long as we buy trusted crypto coins like BTC, ETH, we don't need to worry. Everyone's guess that Bitcoin will pump up very soon.
Yep, this bearish is the opportunity to buy more good coins to our wallets. We don't need to panic and miss the chance to collect more coins to our wallets. Especially if you already stayed in crypto world for a long time, you must know if this bearish won't last a long time. Most experts agree that this bearish will be over in 2024 since we will have BTC halving on May 2024. So, before 2024, we should buy crypto coins as many as possible. However, as you said above that we must be selective to choose coins, buying trusted coins only. But DWYOR (Do with your own risk)Even though experts predict the end of the bearish season in 2024, there is no guarantee that the bearish season will end. we should choose a trusted coin to invest and be prepared to wait longer in waiting for the bullish season to arrive. that way we will be calm in living life. On the other hand, appropriate capital arrangements in diversifying assets greatly affect our psychology, do not be greedy and be tempted by quick and large profits, because it will bring destruction to us personally. |
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