Right, but for now I still believe in Ethereum because Ethereum will soon deal with this cost issue, especially in this year and hopefully their work can run smoothly so that costs on the Ethereum network can return to normal.
Well ethereum was still the ethereun that the top on the list when it comes to altcoins. Ethereum is still a great altcoin to invest with, but i'm also curious about what are happening to the market of ethereum In my opinion binance is altcoin that has a great potential to compete with an eth, and has the opportunity to become the next etherem, many altcoins are joining the binance because binance gas costs are very low, in the contrast to the etherem where gas costs are very high, so many crypto traders complain about this. , I think if ETH doesn, 't solve this gas problem, I believe the binance will be the next ETH,
Well i do have no doubt that Binance is a good crypto coin and in fact it's market performance and market value today is quite impressive, but to compare or to think that it might be the next ethereum i guess we should wait till we see it to happen. |
|
|
|
Online Gambling cannot be compared to trading, as it is primarily entertainment, not earnings. At the same time, trading is a job, and accordingly, it is inherent in the trading discipline. Trading will only become similar to Online Gambling if you treat it like a casino, increasing the order by 2 times when you close a trade unsuccessfully.
Online gambling and trading was too far different form each other. The two areas are both okay to be considered with with their respected areas where they belong. But its true that online gambling was mostly intend for entertainment but there are some of us here who are trying their luck in online gambling to earn here while. For me the only common thing about gambling and trading was that it is both risky. |
|
|
|
Yup, that's really an interesting news and possibly one that might bump the BTC price yet again, hopefully to the much anticipated value of 60K. The tweet seems to be legit also which is great. It does look like something Elon will do, and I'm certain many more will be thinking about doing the same. We'll see...
It is really a great and interesting news, this might help on the boost of market of bitcoin indeed. A great service and less hussle also knowing that when you purchase a Tesla Car without converting it in fiat currency. A good idea to think for our co members here who have already enough bitcoin on their own to purchase their own tesla car. But on the other side Musk already confirms that they will going to hodl a bitcoin used to buy a tesla car which we didn't know if it is a long term or short term, most especially will have an impact on the market movement of bitcoin too, and for now we can't figured it out yet. |
|
|
|
Personally, I believe that any cryptocurrency has its own great potential. And in the future, Dogcoin will be in demand. So if someone has the opportunity to purchase this coin, let them buy it. Because in a couple of years this coin will become very expensive and will be a great investment in the future. So each buyer has the right to express his opinion and decide for himself.
I do believe in a different capability of any cryptocurrency, well i'm just being used to be a judgemental to cryptocurrency way back bitcoin was yet fresh in the digital world, which i didn't also expecting that bitcoi. Will hit its previous ATH of $60,000. So investing in DOGE as long as you can see a good future in it, then why not. We may have our own interpretation and conclusion so far today in DOGE but who could precisely predict the future of DOGECOIN right. |
|
|
|
Don't go looking for others belief. Try to just look for their opinion but you should make the final decision.
It is your money so it would be better if you have the full control of where it should go.
BTC and ETH is a good choice in my opinion.
But regarding other coins you have told, I don't have any idea about it.
Some Bitcoin supporters believe there is no good or bad time to invest when it comes to BTC and I agree with them.
Maybe we may come up on the same conclusion about the current market status of the cryptocurrency you opting to invest with but don't settle for what others have already concluded. Make your own research and don't fall for same mistake as what other have been.
Trusting yourself and instinct is best way to do. Looking back to how top Altcoins started and how they became today is one proof that step by step everything will be on the right track and each have it's time to boost on top. Investing needs much of our trust, confidence, knowledge and patience. What we have targeted or what our goals this day and future will surely achieve.
I do believe that we as a human are blessed for having our own kind of instinct, but this doesn't mean that our instinct will always come up as correct, so better to still have proof on your instinct for sure. |
|
|
|
I do not think we can say that holders are speculating with the price, holders are most of the time the people that thrust in bitcoin more than anyone else, they buy bitcoin at a certain price and they do not sell no matter what the price does, on the surface it seems like something easy to do but it is not true, this is why many people think they can become holders but then reject the idea because they do not like the fact they are supposed to hold their coins after a 70% crash.
Or maybe those Bitcoin long term hodlers have already established a deep trust on bitcoin that in the long run bitcoin will be more valuable than the value it has today. Also, maybe those long term hodlers have already established their good life so even in high ATH they never think to trade their bitcoin because they can provide already their needs without sacrificing their bitcoin. Though it was all speculation but whatever may the reason of the bitcoin hodlers was the only thing for sure was bitcoin was worth it to hodl even for a long term. |
|
|
|
Those who have Hold it when the prices were low to even $20k which was 2017 ATH are now in profit buckets because it's not easy to hold as it looks.They have invested at high or say peak prices but does it even matter at $60000 when they have 4* their intial investment without any extra charges in just 3 years of time.And the whales who were initial players in Bitcoin market in 2011 are now sitting on piles of funds with them and they are even investing now at the dips to gain profits.After 5 years you will be posting same picture with $60k as past memories and regretting not to invest at that time when prices will be at $200k per coin.So be part of it.
After 2017 ATH of bitcoin, it's market price dropped down to the lowest of more or less $3000 as i could remember it wayback middle of the year 2018-2019. And i do regret that i didn't take advantage the bearish trend of bitcoin at that time, well i didn't also expecting that bitcoin will make it up from its bearish to bullish and hitting a new ATH for as high as 200% than it was before. Now, all i can say that bitcoin was still on it's finest and bearish trend were not yet expected. |
|
|
|
To be honest, Bitcoin doesn't help people who need money it only help people that embrace its technology and make use of it to the betterment of their life. There's alot of people on the street who are in need of money and have hear about Bitcoin didn't invest in it.
Bitcoin was not like a fiat currency where you can have the price of your services right away, and you can use it for buying foods or others but in bitcoin you must know how to use the technology and how to exchange it in the fiat where country you have lived in. Bitcoin can only make a person's life better in terms of financial aspect if and even if he/she knows about the technology, the blockchain or simple know how to deal with it, bitcoin can be made to purchase services and foods but it does need to exchange first. |
|
|
|
We have been in the bull market for a very very long time and I wonder when it will stop. The price seems like it is stuck at levels between 55-60k dollars for now. I think it is at a critical level and it is open for any kind of surprises. We can even see an unexpected drastic drop in the price or even a new ATH soon.
I do believe that the cryptocurrency market was still in bullish trend, those dips are only a price correction but the good thing about it was the price of bitcoin can easily make it up from price correction so still there is no sign of bearish market so far as per on my technical analysis of the market. If you look at the steady movement of Bitcoin at the price of $ 58k and several times trying to pass the resistance price at $ 60k. I believe Bitcoin is
still in a bullish trend right now, it's just a matter of time waiting for the trigger for Bitcoin to cross the $ 60k price. So it's best now not to rush into
action, my advice is to monitor the price of Bitcoin for at least the next week. Hopefully there will be good news that can be a trigger for the rise in
the price of Bitcoin, I am sure that now if Elon Musk makes tweets related to Bitcoin. Could push the Bitcoin price past the $ 60k price tag.
Maybe Elon Musk tweet has additional impact to bitcoin, but i solely believe that the bullish trend of bitcoin today was because of the continuing engagement of new investors and traders before the tweets of Elon Musk came into picture |
|
|
|
Crisis always breeds opportunities and the pandemic wasn't different in that the schools around the planet changed to online instruction framework. Despite the fact that there was not a ton of time to get ready for the new learning framework the educators and understudies adjusted decently fast. Pretty much every family has a tablet or PC at home, so changing to online schooling is as of now conceivable. A few colleges likewise over free course online which is a good beginning.
Here in our country the mode of implementation of education was in a distance learning, far different from the old style of education of face-to-face learning. Pretty much difficult to dealt on to be honest because the internet connection and the telecommunication services wasn't that good enough but on the other side it is already a good start of online education, opening for a more opportunity of learning especially learning about cryptocurrency was appreciable via online class. |
|
|
|
I think this is the step 1 and step 2.
Everybody starts without any experience, that's why he start to do it to gain experience. Second is knowledge, while you are doing Trading, you're learning how it works, you'll be curious about how you'll make profits on it therefore you search for the solution to solve that problem. So yes, anyone could trade without any experience because that's going to be given in the process of getting to the part where a certain individual will become a professional trader.
I highly agree with you mate what i mean is we are all came from scratch as a newbie trader even the pioneered trader or the highly skilled trader was once a newbie where no experience they have. It is acceptable the fact that an aspirant trader enters with no experience but entering trading without basic knowledge was like going in a was without a weapon to protect yourself from damages and lose. We as a trader our knowledge will be our primary investment when it comes to trading. |
|
|
|
March has already passed and I would not say that this month was bad for the cryptocurrency. Bitcoin rose above $ 60,000 a week ago and is now at around $ 59,000. It is quite possible that at the end of the month we may see another wave of its price growth. Last year, March was bad for prices in the cryptocurrency market because it was then that the spread of the coronavirus was officially announced. There is no such negative information so far this year. The third wave of the spread of the coronavirus has begun, but Bitcoin will not be scared by this anymore.
Nah, atleast this years month of March was so different from the March we have encountered last 3 years as a cryptocurrency investors and traders. 3 years past every month of March the cryptocurrency marketcap was depleted since the two most awaited season passed seems like crypto only hit in the market when christmas and new year season, but now we can totally say we are in different type of crypto market because now we are still dealing on a bullish market on the month of March. |
|
|
|
Personally for me bitcoin is being much better than fiat. I just keep using fiat because I'm forced to do it in order to have access to daily products and services. If it was possible I would fully adopt bitcoin as currency while protecting my patrimony against btc volatility by buying properties or valuable goods and assets like gold for an example.
For me it's enough to conclude bitcoin is the best since to save fiat makes you lose the value of your money on short, medium and long run. It's insane how people accept this fact without major complainments.
If time comes that the society and the world has already adopted the use of cryptocurrency where fiat and bitcoin can be interchangeable it's uses freely and anytime then i guess from here we can distinguish properly which one is better. Because as of the moment, both coin were important and has it's own uses depend on the needs of the people that uses it. But honestly speaking, bitcoin was more valuable kind of coin compare to our fiat, because here in our country owning even 1Bitcoin if i would exchange it in our fiat it will now give me a million worth of coin. |
|
|
|
This will be hard to achieve for ETH, now there are a lot of contenders such as Binance Smart Contract, Elrond which required a negligible fee to process transactions in comparison with ETH that required a high gas fee of up to $50 for a transaction.
As i do believe also, though i am stilk a huge fan if Ethereum but i can't set aside the fact that there are also some other altcoins that has a good market standing in market today like Binance, Polkadots and LTC. Still the drawback that holds Ethereum goes down was its high gas fee also. I think we have to wait for another years to see ETH overtake BTC in the marketcap,
the gpa between those 2 coins are too far in 2021,
i think it might take about 5 years+ to see ETH can really overtake or compete against BTC in the marketcap.
Let's wait until it happen, and just hope that the price of ETH keep stable and doing great.
I may not also sure that Ethereum will overtake the bitcoin marketcup. But ket's just see it in future, i'd still believe in the project behind ethereum that they can improve it more. |
|
|
|
That kind of mindset only happens if you just throwing money into random coins, there are many coins out there that could give profit and you can see that by only seeing what kind of projects they are and whether they partnered with some big VC, by that alone you can trade long term and make proper profit.
Although I know that most of traders keep saying to only use the money that we can afford to lose but atleast the money should be properly traded with analyzation.
Money used to buy a coin which is profitable coin like cryptocurrency in not throwing money maybe that friend of yours mate have no idea about cryptocurrency yet. If this is somewhat a kind of definition for this then does taking the risk to put up a business was also some kind of gambling right, it is somewhat buying those services or product which has no perfect assurance if it will going to give you a return of investment. |
|
|
|
Many argue that Bitcoin made it to the new all time high because of the tweets by Elon Musk, or the next opinion as the US government starts
distributing stimulus checks of $ 1400. Whatever the reason, I don't really care about it. The most important thing is Bitcoin is still in a bullish trend
and there is a possibility that the rising price of Bitcoin will not stop anytime soon. Because several times Bitcoin has tried to cross the resistance
price of $ 61k, if today it manages to touch the price of $ 62k, means Bitcoin price will soon go up to a price of $ 70k or $ 80k.
Those maybe one of the reason why bitcoin remains in a bullish trend up until now but i think bitcoin can make it where it was now it's because of its blockchain. But yeah to be honest, investors, traders or simply we the people and the community that believes in bitcoin was the top reason why bitcoin was still in the bullish trend.
We are still in March, barely reaching the 1st quarter of this year. And that is why a lot of speculators are still predicting that $100k will come this year. So the latest high at $61k could be easily broken this year or even this month.
And that is why this year is really interesting, enjoying the bull run, but we all know that the bearish trend might come though. Bitcoin can't go parabolic like this, so it's better to take this opportunity and make profit and then leave something for the worst, just saying.
Yes we are still in March, 1st quarter of the year and if we look back at the time of christmas season year 2020 we are waiting for an ATH which reached $22,000 and now it has a $54,000 so we can definitely announced that bitcoin was record breaking on its own ATH. |
|
|
|
ETH, ADA, BNB, that's in my opinion, because I see these coins have great potential to grow even higher and are worthy of being saved. for now maybe BNB is better because of its potential lately, in the crypto market BTC still dominates my heart because of its surprising developments but still very high risk considering the volatility of the market price. coins that you hold also good in the near future may be able to give you many benefits.
Though ETH was still on it's inactive market growth which everytime i visit the market graph of crypto, ETH always in red tag i'd still believe that ETH was still a good Altcoin to invest with, together with BNB, Polkadots, and LTC. If altcoin has a high level of risk, maybe he can select bitcoin to invest in as investing in bitcoin will be more potential to increase higher in the future. We know that the altcoin is up and down following the bitcoin price, requiring more attention to watch the price movements. But if you invest in bitcoin, even if the price is up and down like the altcoin, the bitcoin price will rise more than now, so the chance for you to make a big profit will be possible in bitcoin,
For me either Bitcoin and altcoins were both a high level of risk to take but that is what we always dealt here in crypto right. We should be wise enough which one could give us a profit, but still Bitcoin was a profitable and highest gross crypto in the market. |
|
|
|
XRP might not dump anymore as it's not rising unlike other coins.
Look, it's stable at 0.4 usd and it has not reach $1 this in the bull run unlike other coins enjoying significant increases.
Investing in XRP is risky, but you need to follow the news or the update of the lawsuit status so you can always make a timely decision.
Imagine if they win, pump is instant.
I have remember those times where XRP was it's at most popularity, like the rising of it's market value was remarkable and some of my friends tell me that investing in XRP might be good at that time, but of course i made my own research and luckily i didn't put any investment on it but i guess XRP was still a good coin. the problems facing XRP are still not resolved. I think it's too risky to put money there.
the market doesn't look like it's going to collapse yet. minor corrections took place but also soon there was an improvement in the market. it's nervous, but it's a lot of fun to make a profit.
I do believe it so that the problem on XRP wasn't resolve yet and this might be the most priority of the behind these cryptocurrency to figure out. |
|
|
|
|
I couldn't object with your statement mate because the market graph progressive of Binance didn't make any false statement. Though i am still a huge fan of Ethereum but i couldn't deny that Binance Market was impressively soaring high. Actually, i also didn't know it but everytime i check the blockfolio to see the price movements of my favourite cryptocurrency i always see Ethereum in a red arrow, though its market value was not that lower as $1500 but thinking Ethereum as a good coin, i am expecting it to have a good market value too in this bullish market.
|
|
|
|
learning to do risk management will be very good for the integrity of your capital. Trading is not just buying and selling, but how we can maintain our capital, be able to predict the risks that will occur and get a definite profit and in accordance with the strategy. Besides doing risk management, good capital management and psychology will also affect your losses and profits. Especially good psychology will have a good impact on your trading. Technical analysis is also important and must be studied in depth to be able to read where the market is going.
Well i guess learning on how to manage the risk that is inevitable and always present whenever there is a trading or investment presented is a must. Even in gambling, we are dealing with the risk, or should i say whenever there is a capital or principak or anything that was relevant to us that might be used in unsure return was considered already as a risk. It's inevitable to get lose sonetimes but with proper risk management it could minimize how much we can lose. |
|
|
|
|
Show Posts
