All people will prefer it instead Ethereum?
Well its too soon to tell because we also knew how good Ethereum platform and how this has been trusted for years no. while Pancake is still gaining investors and trust from the whole crypto community. But I'm not losing my sympathy for Pancake as i have tried Holding some decent amount since march this year and hope this will be a good investment for the years to pass. If nothing else, crypto users have good options where to go, eth or cake. It depends on the user what advantages it will bring to him. But definitely, we can always have these 2 in our portfolio, better than these meme tokens. With these 2 platforms, we know they have actual use case in the market. Since the market seems to be in the bearish trend, it may take time before we see the prices in the market to go up again. $100 is very possible for cake, but maybe not this year. right, from the previous bullish trend in 2017, we can see another rally after four years, namely in 2021. and again this is a bearish trend, do we have to wait for the next 4 years or it can happen before that. no one knows about it, but i guess as more and more people use cake, i think $100 can be achieved |
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Hi everyone,
Im a newbie, i just known about Bitcoin in 1 month. I decided to spend my money that i have saved for a long time in Bitcoin. Please tell me some name of Altcoin, i want hold it until i marry.
Thanks for all response
Ethereum is the right choice, because I believe the price of Ethereum will continue to increase very high and of course it will allow you to get a big profit from investing in Ethereum at this time, especially now that the price of Ethereum is falling (correction), so now is the right time to invest in Ethereum at a low price, because when the market starts to increase again, then I believe the price of Ethereum will definitely increase very high and create a new ATH price, so you will get a big profit in the future from investing in Ethereum at this time. I agree on that ethereum is also one of a kind. It is almost popular as bitcoin because ethereum network is very useful in crypto. I believe that if bitcoin will soon reach a new ATH ethereum will also rise and maybe make a new record, there are still some good altcoin like xrp, doge, bnb, etc., we only need to choose what's best according to our own understanding and research so that we can have earnings on the near future. ethereum is the best altcoin for now, but besides that binance with its new network bsc, looks like it will also be a rival to ethereum, and I hold both for a long period of time, especially with this decline this opens up our opportunity to buy at low prices, so it will doubled later, but we don't know when the bullrun will return |
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They yearn for short term gains because of the volatility. The volatility of the market made them expect a lot in crypto space unlike stocks. I am still leaning to stock trading, and somehow I can see slightly the difference between them and knowing that my mindset in crypto would not apply in stocks as well. although both stocks and crypto are the same as investing, they both have different characteristics. for those who have more courage in taking risks, crypto would be better to get more profit, but indeed the risk is greater. For those who have a lot of capital, I think trading stocks will be safer, although the percentage increase is smaller with a large capital investment in stocks will have a big profit as well |
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Bitcoin and ethereum is now increasing the price day by day. How how to choose and invest the coin. Bitcoin or ethereum which is the best future investment and how to invest the coins. Kindly explain me the Bitcoin and ethereum coins deats. Kindly share the link also. Which is best opportunity for invitations coins. Kendriya give me your advice to invest the best coins
Bitcoin and ethereum are the strongest influence on cryptocurrencies, all eyes will certainly make bitcoin and ethereum the benchmark for crypto prices, both are good coins, but in my opinion ethereum is a coin that promises more profit than bitcoin. when viewed both are equally promising, but indeed bitcoin is the coin that has the most influence on other coins. indeed ethereum generates more profit, we can see from the lowest point after 2017 both eth and btc until 2021, ethereum has increased more in terms of percentages. we can see that btc is at a base price of $3500 while eth is around $85 |
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if you don't intend to do anything with your ETH then staking can be the right choice, but if you trade frequently and are not used to storing coins for a long time then trading is better.
Staking takes quite a long time to start making profits,and with a large amount in order to get a greater ROI too.
You need to realized that it isn't the quick way to earned but it's a good passive way in the long run, if you have good spare amount of money and you are willing to hold it for much longer time, Instead of keeping it with stable coin or keep it from your wallet, learning how staking works will give you good idea if you are capable of holding, it needs you to work it out in finding the right coins to stake and earned. Staking is suitable for long-term investment, in addition to investing, we will also get the free coins, so the number of our coins will always increase. this is very profitable if when our time is finished, and the coins increase, at that time the price soars, so we will get double profit from staking itself, and increase the price |
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although this actually depends on the law of supply and demand, traders' psychology has a big impact here, when bitcoin goes down, many people sell their altcoins, some are invested in bitcoin to make it safer, but some are taken in cash, to be stored until see a market that is worth repurchasing. but unfortunately when bitcoin rallies, not all altcoins follow the rally too
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The best strategy is to wait long term market trend instead of playing with short term odds on daily basis. Long term trading have several advantages over day trading, so it is important to stick trading plan and experience will make a difference after few failed decisions.
Compared to long-term trading, day trading can be really profitable with 3 screens + coffee + spending at least 7 hours to analyze the market. Reading chart patterns and managing trades based on small time frame price impact is hard for newbies but the whales with huge balances can do this for few hours and make the same profit that you get in a year as a long-term trader.
In this situation, day trading will be a good choice because the market can move up and down many times, and if we can enter the market at the right time, we can expect to buy low and sell high. We have many times to repeat the process to buy low and sell high every day because bitcoin and altcoin do moves good so we can make a profit. But all of that will not work if we do not analyze and only hoping from the other people's suggestions because we can get a wrong signal from them. If you can analyze by yourself, you will see the chance for yourself to enter the market and you can use daily trading means short term trading or long term trading to make more profit in the future. As long as you do not chase a bigger profit, you can make a profit. Yes I also often talk like that that in cryptocurrencies doing analysis is very important, both when trading and when investing analysis has an important role but it's not easy we need to learn, by doing our own analysis at least we can know what decisions we will make later personal analysis must be honed, because we can judge the development on ourselves. because there is no professional trader without going through the process, and experimentation in trading. maybe everyone has a different trading scenario strategy, but basically we all have the same goal, which is consistent profit |
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TA works even on a bear market though I agree that the volatility is too much to predict but you still have to try because this is what trading for, we predict the market as much as possible in order for us to know when to buy and sell. If you did not use any TA on your trading, then expect to lose more money. Bear market is inevitable, we should prepare at all time and you can lessen the risk by using TA.
It was advisable to anyone who gets into trading and we certainly can't appreciate that if we never try, this is the truth behind that and many traders tried to ignore TA and ended up losing their funds. TA can't be perfect due to the volatility of the market but somehow it finds it to be useful in many cases either be in bear season or in Bullrun. Only we need to spend more time to analyze the market and this is a problem for some traders who just have limited time to check on the market. for technical analysis I think we can do it quickly, because it analyzes the chart. but to do it requires a good mental. sometimes after we open a position and the floating minus comes out of our framework, then we are still not willing to accept losses |
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Personally, in trading, I always place a stop loss just in case the market differs from our analysis. in placing a stop loss do not be stingy, in the sense that we have to calculate the risk on each transaction. let's imagine if we buy bitcoin at a price of $ 55k, if we hold on to it until now, of course psychologically disturbed
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Those coins are just carried out by the hype of influential people, so lots of investors are deciding to buy it instead of coins with better potential, but their hype wouldn't last since they don't have real function. As for me, it's still better to stick with potential coins rather than putting our trust in coins that are just carried by the hype and being manipulated by huge names.
even though they don't have good fundamentals, altcoins that only take advantage of the hype usually also have the support of big investors who actually get the opportunity to get more profits. those who have large capital can definitely get good control in the market. just need to create a positive sentiment in the community and that can make these altcoins get the hype. the advantage will only be those who are right in the momentum. and the momentum seemed to only come once. if we miss it then who knows how many years it will come back, or even become a dead coin. that's why we monitor the altcoins we invest more often, because if a dump occurs then hope seems lost to profit from altcoins, especially new projects |
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Whenever the market volume increases, the ethereum gas fee also increases. The same happened today, and while you could transfer with 7-8 gwei, the prices went above 40 gwei.
It is normal to have these spikes when the network is busy, however, they should prevent this situation.
the situation is still unstable. but the transaction fee of 20-40 Gwei I think is good enough because the repair is quite long. indeed still inferior when compared to their competitors BSC which is very cheap. but the decline that occurs can increase how ethereum token transactions can also increase. when ethereum uses higher gas then many people switch to BSC which has much less gas. but indeed to increase ethereum transactions must be able to provide services on gas in order to be able to compete. and with this decrease, of course transactions will increase again. It is undeniable that those who are able to be competitive, of course, will win |
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Not all altcoins are safe to invest, in 2018 i invested my money in some altcoins that i think i can gain profits but in the end i lose my money because the investments that i made are scams. Since then before i invest in altcoins i research first if the project is profitable and the have an active community with a good roadmap.
for new projects sometimes we find it difficult to identify whether the project is good or not. sometimes white paper can't be used as a reference, therefore if I personally prefer altcoins that have been listed at the top of the coinmarketcap to invest |
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It started before you even knew it. The bear market has started, but that won't make the price of bitcoin fall very deeply. so far bitcoin's resistance point is at 30k, and it's been a few weeks it's still holding up. this proves that bitcoin is still quite strong. maybe this situation will last a long time. bitcoin will go up and down between 30k to 40k.
So far resistance point is around $30k and in case of going below this point, $25k can play the support line role. Unless something bad happens, the market is not going down below $34k and the chances are higher for the upper side direction of the trend compared to the downtrend. I will go for altcoins instead of trading flat market BTC prices. The resistance above $30k has been holding strong for quite a while now, but even if that breaks I cannot think of Bitcoin going below $25k. I think buying pressure would come up so hard with all the retail investors having the all time high in mind. Even institutions who got in this year are probably going to stock up at that price as they have a whole different perspective on return on investment. If they see the opportunity for 30 - 50% plus within one year, that is phenomenal for them. If it drops below $25k I'll stop with my predictions... if bitcoin is at a price below $25k, I think it will be an interesting area to buy, because in 2017, bitcoin created a price peak around $20k, and that means the price is entering the support area, and I think it's worth buying. but indeed we only predict, and there is nothing wrong with analyzing someone before the market happens pasar |
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I think this a good week of the month to buy some altcoins in the market. Especially because the whole crypto market is down, I would surely buy some ETH if I have extra cash. Remember that this is the time of the year that Bearish is Strong.
I actually think there will be bigger bears coming to the market for this year. and I will wait for it. I'm not pessimistic about the arrival of the pump, but to buy at this time is still too expensive I think. we will definitely see a market with even cheaper asset prices. because the correction is not over yet and many altcoins are also moving too fast now. it's a good idea to make preparations in advance if the bulls actually come before the correction as you say. there is nothing to lose if you choose assets like BTC or BNB and ETH for the long term. although there is no bull and what happens is a deeper correction, you just need to wait for the market momentum to return. corrections and bulls can happen at any time. we just need to make the best possible plan to handle it all. and most importantly do not be late in taking the momentum. as for btc, eth or bnb, I don't think there is anything to worry about if we buy now, because all three in my opinion are safe coins for the long term. moreover eth will soon have a renewal agenda. but it's better to buy when the price is in the support area, at least we have a bigger chance |
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I don't pay much attention to meme coins. why are people still investing in meme coins? does it have any use? for me memecoin is very dubious and dangerous for investing
I also wonder why do some people chose to invest in meme coins instead of those trusted and reliable coins. I think Elon has influenced most of them making doge coin into hyped so they also prefer to invest into meme coins and expect that the result will be totally the same with doge coin. For me, there's no use to spend time and money into such meme coins because they will all vanish suddenly and won't live longer unlike bitcoin and ethereum or any other potential altcoins that have bigger chances to live more in crypto market. If you wish to invest in meme coins, it's like living your losses in the future. meme coins are like gambling, so I don't think it's worth investing in. If we really want to buy it, I think we can use pocket money, so it doesn't interfere with our main investment capital. if that happens pump we are lucky, but if it becomes worthless, we don't feel anything, because our goal is only to burn money |
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Let's assume you make 100 USD salary every month. You can buy a house through mortgage loan and your monthly payment will be 40 USD and that is a long term commitment.
But you can also take a house on rent where your monthly outgoing will be 15 USD. You are free to leave and move to another house anytime you want.
What would you do? Explain your reason.
I chose the second option. I choose to rent a house, while saving to buy or build my dream home. The reason is simple, I live according to my ability, because I can't afford to buy a house, so I won't force myself to take credit. After all, with a home loan, the price will definitely be much more expensive than the initial price. it's about the principle, there are some people who choose credit, it's the right of each. I just ordered to always have self control, don't follow a lifestyle that we haven't been able to achieve. I understand that you don't want to live a complicated life just because of a long term loan when you can live simply just by renting your home. However, for a family man, our concept might be different from yours. We dream to have our own house at the end of the day so we'll no longer rent for the rest of our lives. If i can have a stable job and a well paid income, then why not? I'll take the risk of taking that mortgage loanvevenbif it takes long years as long as my own family will also benefit from it in the future. I also understand your thoughts, where I feel it too, when you are married, of course the house becomes a basic need that must exist, especially if we already have children. Owning a house is like owning a country, where we can feel the freedom to establish our own rules in our homes, because I am the head of the family |
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actually there is a truth where many people commit crimes because of money. with money they can enjoy a luxurious life, especially for those who have position, doing various ways to seek personal luxury. I think what the poor people think is true, but it's not all true, because there are still many officials who really think about the welfare of the people.
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My country is currently experiencing the peak of the second wave of the pandemic, which is expected to end this June. The economy, which had started to improve before, had to face bigger problems this time. And if the pandemic is bigger, of course, we will experience an economic setback for some time to come
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trading is mental and psychology war in market , trading skill could be second factor if we could controll our patience when facing market drop or rise. most reason that caused trader failed only their greed , mental and psychology. they greed because didnt prepare well entering market and only thinking market could be short cut to be rich
this is sometimes reversed by many people. many of them are actually looking for many of the best techniques. although I don't think technique determines success in trading. No matter how good the technique used, of course there is a weak point, because actually trading psychology controls success in the market |
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