What I know is that FOMO is bad but good for people who knows how to control themselves. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) This market is full of speculation and hype and usually the newbies can easily FOMO and this would benefit us matured people as we can take advantage of their weakness. If we have matured, we might think like whales, and as they FOMO the value will only increase which makes us profitable. The last bull run is driven by FOMO, and resulted to a overvalued price.
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I will definitely take ETH. It is more potential than XRP. People have trust on it and it is mosty used by ICO. So the demand of ETH will increase day by day.
That's what you believe, but not everyone are trusting ETH over XRP. If you analyze its price history, we can tell that XRP is more profitable and in bear times, it did not drop harder than ETH. I can only say more people are trusting ETH if it's more profitable than ETH and we also don't know the exact figure, so are not sure with that. Maybe this is only based on our opinion and everyone is entitled to have their opinion, and one way to measure it is by having a voting poll.
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If the project is solid and has a working product then dumping will not last and the value of its coin will recover, not so sure how to stop the dumping because everyone who holds the coin can do whatever they want.
The problem of some is they will be tired of waiting when it will recover. Start up project are very risky as devs could also give up, they cannot make a move in this bear market as it's hard for them to market their product. Most investors will prefer to hold on solid coins that has been existing for a longer period already, so it will most likely kills the new ones.
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Applying again for next week. Btctalk name ✅ freedomgo Rank ✅ Legendary BTC Wallet Address ✅ 1PfrFGW2MCk8A6K1qE7fPnUxm3wBYsruCU Wear Appropriate Signature ✅ Wear Personal Text: ✅ Wear Avatar: ✅
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That's what the investors want, nobody wants an asset to stay static, developers are working hard to create values for crypto currency and yes the prices are brought out high by hype and speculators, but unrealistic or manipulated market movements are too likely when there's money involved, that's not changing when traders could be done collectively over the world
We cannot stop manipulation for now, those who have power will abuse the market, and hence it results to a more volatile price. However, since this market is still at its early stage, there's still more chance that it will stabilize in the future and to avoid risk of losing money, we should not go against the market, we should play it safer using a HODL strategy as this works consistently especially when holding popular coins.
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actually when you are still trading between crypto currency exchanges, actually between bulls and bear markets is not much different. the difference will be felt if you count your assets in the FIAT currency count, then it will be very different.
that's true because when we calculate the results of crypto trading after being made in the fiat currency it will know that the bull and bear markets are happening, but for this year the market will definitely experience a bull run and I'm sure that Everyone is basing our crypto assets to fiat value as it is how we measure our assets in this world. Crypto is still not widely accepted, most convert their crypto assets to fiat to enjoy their profit since most of us that are here are investors or traders which aim solely for profit. Bear market and Bull market for me is just a timing in the market, hence this gives opportunity to buy or sell at our own will. This is not only for early adopters as the market is moving, we will see ups and downs and this gives opportunity for newcomers to get in at a great value.
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No one can predict the basis of crypto prices, the market is still moving and it is a sign that there are still many possibilities that can occur. decline may not be expected but we must be aware that a decline might occur.
Not everyone will have the same judgement on the current market. Some would say bottom is in and some would say more will come, that's actually based on your opinion and just do what you believe. If you think it has bottomed in, then you should be happy especially if you bought at the bottom as if you see a price increase this should give you profit.
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Coins that do not have prices must be checked again. The Development Team is still active or not because if it's not active the coins might die. But indeed every coin movement will be greatly influenced by the growth of Bitcoin and Ethereum. If the two coins can pump all of the Altcoins I think they will also rise.
Bitcoin only, ETH is big but BTC is bigger. When you witnessed the trend in the past, you'll see how the entire altcoins being dump when BTC pump, then they slowly rise. Also, when bitcoin dump, it also affect altcoin negatively, and that is because of BTC dominance. Supposedly, when BTC dump people will transfer to Alts, but it's not trend so far, most transfer to stable coins.
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I already feel bored with speculators who have given a lot of opinions at a price that is completely wrong at the moment they say there is an increase but the fact that the current price is still the same there is no substantial increase
Don't listen to them, they'll give their own speculation to convince people, if they are expert then they should be right but not all people who are saying they are experts are really true, some just need some public attraction. We have the sources here, news and the price action, we can analyze that and have our own.
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There are plenty of coins which are undervalued than Theta. I'm checking at the price movement now and it seems it quite stable compared to other coins that has dropped many folds, so they should be a better buy than this coin. Well, that's only my opinion, this coin is good but I'm not seeing myself reaching my profit target investing with this.
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We all here are like playing a gambling because cryptos are verry unpredictable .
That's an accurate comparison, especially with investing on bitcoin, it start's with less than a dollar and now it's already thousands in dollars. The value could go zero and that's a big risk, that way if happens, we will loss our entire investment. We are here because we believe on the future and even if BTC price is already high, we still believe it will rise more in the long run. those who failed are not mean that they have a poor knowledge because even pro traders and investors do also experience to failed no matter how good at them at analyzing and decision making . its just crypto will move on their own depending on the mood of whales and other big manipulators .
Failure means they gave up already and we might call them poor because they don't trust crypto and they easily panic. But for us who understands its potential, no matter how many times we fall, we will still continue to believe that one day we will enjoy our sacrifice today.
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I must invest my money in ETH because its market and its value is going big and getting better so the chance that it will be boom is big,actually my investment is on eth and i already gain on it that why i really trust it.
It's not visible to me that it's growing big, I only see the potential base on what I believe. Well, if you have invested early, you might still be at profit now, but the price is really down now, just compare its ATH and the current price, I'm sure there are investors who are in the middle which still cannot sell now as they will only loss.
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Some altcoins have a huge supply and at the same time low trading volume which is giving us an impressive market cap that will be useless and should decrease very fast if some small part of holders sells their shitcoins. In case with BTC we have more mature market and and a good quality coin. To compete with it altcoins have to become less speculative and have at least some usage for its users.
With that, it makes BTC total dominance rate undervalued. It should be higher than the current rate now, maybe around 80% if we exclude the high supply shitcoins now that has no volume. But let me check if it's really true, currently sorting now the list in coinmarketcap and it shows. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi68.tinypic.com%2F20ud6rd.png&t=663&c=-uWrShoInUpAmw) Looks like not all high supply coins has a good marketcap and therefore shitcoins might not affect the accurate of the entire marketcap.
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Many projects have built their blockchain on the etherium network but yet it's price has refuse to over spike but if you ask me I won't loose a bet on Etherium, Their network is still widely use and has more projects built on them and will really spike price again soon
The price suffer not because of the ETH project that they are not satisfied with the system, but it's because of the current market correction. Therefore, we should not worry on the future of ETH, when crypto prices are stable this will lead to a good future development. More development, more price increase, that's the trend I am expecting.
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The blockchain technology can perform so may real life operations, it can be implemented in more areas than just in the cryptocurrency area, that's the reason why it has grown and will continue to grow faster.The blockchain technology has more use than the bitcoin and it's more easily accepted
I guess when we speak of blockchain it should be bitcoin. Who originated the blockchain? Of course it's coming from bitcoin or in the crypto so whatever development they will have with blockchain, they should look up to the one who originated that. In order to give credit, let's support Bitcoin so investors will be rewarded and decentralization will prosper.
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I don't completely share the sentiment of this post.. In my opinion bitcoin to be precise does not really fit for payment processing. We have other blockchain projects that are better suited for that purpose with diverse partnerships that give allow them give more financial services than the bitcoin.Truth is if I where a merchant I might never accept bitcoin also because of the absence of the developer( anyone knows where satoshi is lol), and pick other better suited blockchain projects
Not only a way of sending money but also a way to store your money for long term, it is really good because it is being acceptable by all traders and merchants, it is safe to pay without any cutting and extra charges, those project who are not ready to accept bitcoin must be of low quality and still not well developed. Bitcoin is still young, the adoption is not bit enough, though we have some merchants that are already accepting it but it's just a small percentage of the total number. We will see some good development in the long run and bitcoin price volatility will not be a problem anymore. Those who are adopting early might get the benefit of having it as an investment also as of now, most merchants are also investors IMO. They help on the adoption and they should benefit of their contribution and that will only happen when value increases.
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To earn in the CRYPTO space, you must ensure you are strategic, do not be in a hurry to invest, research, study read and get acquitted with current and detailed knowledge about the token or project, before investing in order to avoid being scam or a loss investment.
That's correct, we should not think it's easy to make money in crypto. We need to wait and always remember that crypto is for long term, hence it might not give you your expectation for short term. Believing on it will make you stay, because the with your trust you can endure the challenges, one of the big challenges that we are facing now are the bears.
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maybe because more and more people are releasing bitcoins so that bitcoin will also be difficult to make increases, but it's only a short time because from now on bitcoin has experienced price increases again
That's because of panic selling but I guess it's already over as in general cryptocurrencies are already down more than 50%. It's already oversold IMO, and in time there will be buying power again, it may not come this year but in the next few years it will surely come, you can look at the fundamentals and you will be convince we are due for an increment of value.
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The marketcap shows a great daily trading volume, so that would also convince me that investors are coming back. It's a good thing for us because with investors this market will return to its norms again, I know we miss a bull run, don't worry it's possible with more investors coming in as they will push the demand in the market.
The longer it exist, the more it will mature and that helps investors gain trust eventually.
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