It would really take a while if you look at how things are unfolding especially how things seem to get worst for some countries. Italy has now overtaken over the rank as it has now recorded the country with the highest death. Things are also not looking too good with the US and I fear it could get worst in the next month. Let's pray they find a remedy to this disease as soon as possible.
yes, I also hope that this disease can be resolved soon. I read some news about the cure for this disease, it's just that there is still no cure for this virus to develop. Well, we do not know how long this crisis will occur, but if this continues, it will further aggravate the price of all types of investment. |
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I have the same thought. since the exchange, and even the crypto project has KYC, but many of these projects have a decentralized system, which is certainly against the principles of crypto which are anonymous. besides that, KYC is indeed quite dangerous, especially if there are cases such as Binance. however, IDs can be misused in the wrong hands. I hope there will be a change in this matter, but since crypto became famous, I think the government needs to provide regulations like this so that a company can be held responsible. it's just that most of them are not responsible.
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You want to know how to invest in cryptocurrency?
Step 1: buy bitcoin
Step 2: put in cold storage and forget about it for another 2 years.
ok, it looks like point 2 looks very promising. it's just that the risk of this is when we forget the cold storage we have in the long run. however, it's the same as saving gold and forgetting it. when you remember it will be extraordinary. Well, even though I said it was promising, in fact, I still hold ethereum to this day |
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that's possible, but the potential is very small. can or not, we can know if there is a crypto that exceeds bitcoin. but, so far the potential is not there yet. bitcoin will probably stay in first place for now and so on. even more, if you consider that bitcoin affects almost all altcoins.
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To be honest, no need for us to panic about bitcoin's price because bitcoin is now stable in a $6,000 price, that is why we still do not need to sell all of our bitcoin that we just need to have patience to it and hold it until the price comes back up to $9,000 again or more. I am also sure when this pandemic ends, everything will be back to normal.
The price can still change anytime but its good not to panic at all instead be ready for you possible action and know when to buy and sell. Bitcoin price is rising, that is a good sign for all of us but we should still need to focus ourselves and make a better plan for the future trends. Bitcoin will recover as well as the altcoins market, stay safe always and think positive. I am still pretty sure there will be quite a big price change, and I am more supportive of price increases. panic will only make us disappointed now. maybe, people who sell their assets in the range of $ 4k - $ 5k are a bit sorry at the moment. other than that, I think that the price of bitcoin will probably reach $ 7k in the near future. it's just that, for altcoin, it looks like the change isn't that big. |
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ETH needs to grow about x10 times to reach the 1400$ mark, of course ETH is a very good coin, but even it will not be able to grow so much by the end of the year.
anyone today would think like that. Today's conditions are very difficult to be absolutely sure that the price of ethereum will reach $ 1,400. other than that, I think, so far the price of ethereum is still trying to survive at $ 140. at this time ethereum is closer to ethereum than under $ 100 compared to $ 1,400. until the price is above $ 400, it's hard to think the price of ethereum can reach $ 1400. |
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I care less about high rewards but yet I want high rewards, since everything have changes in crypto space now it's better to get used with the present condition, investors are getting lower for new projects, they prefer old coins like Bitcoin and Ethereum now, and once fund target is not met they won't be able to pay rewards as promised
people are indeed trying to have more bitcoin or ethereum than other altcoins now because that is the most potential coin. besides, everyone wants a high reward, it's just that it's hard to find such bounties nowadays. I expect a big reward from each project that I support. |
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even if the bonus is fair, it does not make an investment as true. however, always do research on the project concerned, even about the identity of the management or CEO of the project. many things need to be determined before investing. however, the right profit is not a benchmark. we need to be smart investors to avoid it all.
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From this two I would always chose ETH. Why would anyone trust an exchange coin that can go bankrupt anytime now as the exchanges are not doing well in this period and a simple look at the volume will reveal this. Stay safe, don't buy exchange coins, buy Bitcoin as this hype of exchange coins will not last longer in my opinion...so why risk it to buy it ?
looking forward there is a development of ETH 2.0, whereas for BNB there has been no intensive development, I also choose ETH for now. to be honest, I had already started stocking up on ETH when the price was close to $ 100. however, when the recovery occurs, I think the price can exceed $ 250. For BNB, I can't do any more speculation than $ 15 - $ 20 when a price recovery occurs. |
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Keep save your assets in USDT than you must try to buy some altcoin and bitcoin, when Corona virus still exist and do not have way to stop it better hold your money and become watcher only because bitcoin and altcoin is not perfect time to buy right now.
Now the whole market is in about one condition, so you can choose any coin for investment, but I would recommend choosing coins from the top. I still recommend ethereum, or BNB. however, at this time the situation is difficult to guess. imagine, when you panicked and exchanged your assets for USDT when the price was still in the range of $ 5k some time ago, you might have lost $ 1500 + because of a sudden increase. maybe USDT is pretty good to hold when the price goes down, but looking at the current situation, you might lose |
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it's hard to think about whether the price of bitcoin can reach $ 100k in January 2021 or not. in fact, at the moment the price of bitcoin doesn't even touch $ 10k. Well, maybe there will be support from Halving which makes bitcoin prices could be higher at the time, but, I don't even think that bitcoin could exceed the price of $ 15k at that time. however, the current state of the world is focused on health rather than investment.
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Given the current situation, I think it is difficult for this to happen. As you know, we will go to bitcoin halving this year and people are hoping it will help bitcoin rise. But as a result, the market collapsed and bitcoind fell below $ 6000 and it brought the entire altcoin to the bottom.If you want XRP to go up to $ 1 this year, I think bitcoin must be pumped to 20k $
I even suspect that when the price of bitcoin is above $ 10k, the price of XRP remains under $ 0.5. Until now, the condition of this coin is very difficult to rise, whether it is caused by the coin being centralized or not, but I think, the potential of the coins under the ethereum should be better than this. |
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I'm not really sure about this, but it could be that in the future the bounty could be like that. in fact, if it matches the initial price, the allocation given will be appropriate, it's just that most of the time the token enters the market, the price of the token usually falls. but, I hope the bounty in the future can be better.
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seems that ETH stabilized on these levels, after large breakdown ten days ago, do you expect momentum to change due to BTC halving, which is a positive event, even with corona virus still present, and it will be probably still actual on May, 13
Forget halving for awhile, the biggest challenge now is what we are facing, after this COVID-19 which I hope will gone soon, we can expect that bitcoin will rise. Bitcoin is affected with the economic collapse but it seems showing its toughness, it's recovering well for now, stays at good support, so let's see where it could go from here, by the way, Bitcoin has a pretty solid 24 hours movement. I also think like that. Even though halving happens, I think it won't have a big effect when no one invests in it. the point is, people will turn to focus on avoiding or healing their coronavirus, and that costs money. Well, at such times, people will not think about investing. it's just that, I feel that the increase can occur, although not so large, it will affect the price of bitcoin and ethereum. it is proven by the current situation, the price of bitcoin rises slowly so does ethereum. it could be that in the near future ethereum reaches $ 200 back. |
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Now the price of ETH is $130, well, even if it falls to $100, I am sure that the support level will not let ETH fall further in price, but so far ETH has not even fallen to $100.
if the price of bitcoin is still above $ 6000, and the price of ethereum is stable in its bitcoin form, it looks like the price of ethereum will not drop to below $ 80. however, ethereum is a strong coin, so I don't think ethereum will be easy in that position. |
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We usually do "HODL" when there is big dump, that's where we are tested on how strong our faith on bitcoin and in crypto in general.
This is the best time that everyone should be holding, selling when the price is going down does not give us benefit, the opposite is the right thing to do here if we still have that funds to accumulate at dip. Bitcoin will always bounce back, we will be able to get pass this trial, so "HODL" and we shall get rewarded at the right time.
yes, selling is not a good solution at the moment. if you want to sell it, do it at a high price before it dumps. Well, prices are dumping, and now is the time to hold our assets, because selling them now is the same as looking for losses. |
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The only coins I have had since 2014 are bitcoin and ethereum. the rest are only coins that have run in 2017, only until now the coins do not have the appropriate price. however, many altcoins used to disappear. there are even some coins that I have forgotten in my wallet.
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Well, there is one more market that is enough to make me stressed. I just did a transaction on HitBTC, and I only made a $ 10 transaction, well, after all, the fee was too big. it even costs almost $ 9. I think there are quite a lot of exchanges that have manipulated volumes as well as unnatural fees out there. however, I only recommend using a large, popular market.
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Between BNB or ETH I think most profitable coin for investing and trading is ETH, look with experience ETH is older than BNB and have many supply in their exchange although last several month the owner of BNB burn their coin, if you wanna invest between both coin above try to hold and buy ETH.
the use of ETH is universal, while most BNB people use it only for trade finance. but, in terms of the trust, I believe that the two coins have great potential, only that the greater potential is of course ethereum. |
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Recent developments have shown that everyone is still relying on FIAT currencies, and in a crisis, everyone prefers to hold FIAT, or USD, in their hands. I think this is a mistake for all of us. It means that we haven't been able to explain Bitcoin and crypto coins in the past years. Unfortunately, cryptocurrencies are considered only as a method of making money for the majority. I don't think we can fully understand how important something can be for the future of mankind. The reason for this may be the existence of many SCAM projects, shitcoin in this market.
well, honestly the desire of people to hold the USD and fiat is very large at this time, even that is evidenced by the value of the USD which increases if exchanged with my country's currency. Until now, whether the decline in the price of bitcoin is caused by corona or not, but I think that this virus should make the price of bitcoin higher. Yeah, but the current situation is totally different from what I expected. |
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