My take on bitcoin in 2023 by the way it bought and was pumping pumping and pumping was like it will never stop. I thought it was my year to make my money and keep much of Bitcoin in my wallet. But the dullness of over 2 months has changed my mind. The scenario poured coldness in my mind but again let me know that bitcoin behaves like an asset and asset has the time to buy and sell not the way I thought it will always be be buying.
I have waited for the price to reach $25k for me to start pumping my money, it never reach there. I grows impatient daily, I won't wait more than 1st of July, any price I see it is what I buy.
I don't like to sound desperate, do I sound desperate or determine to make money?
Bitcoin HODLing for years can not be a lost affair.
You will never loss if you don't sell at loss, everytime there is a topic like this here in the forum i will always said that patience is very important in crypto and we always have a bear and bull market there is no stable status we will see different price and different scenarios together with the good and bad updates,sometimes our loss is from the lack of patience so have patience mate and continue buying we are in bear so it is an opportunity. The time to sell or place a stop loss is also very important when we do Hodl, don't just hodl all the time and let the losses deepen, if it's time to get out of the Hodl and it's a loss then do it!, because otherwise you will lose all your capital. patience does not always produce and can even destroy us, because patience must also be limited in us when investing. |
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Today S.E.C. Accuses Binance of Mishandling Funds and Lying to Regulators. If Binance lose in this case then whole market gonna be drop drastically, I hope this doesn't get as bad as I imagine it to get.
Trust me Binance will not lose in court with SEC, there is a lot of support to Binance like Justin Sun, from Tron, Coinbase and some famous names in crypto world, if you worry and sell BNB then you can regret it, yes I know XRP case is same and make XRP is really hard to grow but this is Binance and CZ will try to win. |
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Since SEC was suing binance and the next altcoin season gonna happen once binance will have done with SEC. SEC was ruining the market now. all of altcoins face hude down trend and it's even bigger than bitcoin. i expect that if altcoin will still face down trend very soon. It';s very hard to think if altcoin season will come soon as we are in a very difficult situation at this moment.
The latest news is that not only Binance was attacked by the SEC but Coinbase was also attacked by the SEC, and of course it caused Bitcoin to fall even deeper, of course this also had an impact on altcoins, altcoins fell to -20% and were really bad, it's likely we'll be longer to see altcoin season coming due to the SEC. |
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The Polygons have already made a nice pump in 2022, they have created a lot of hype have arrived at 1.60 dollars and collapsed to 0.80 cents, really too manipulated ...... I believe 2023 maybe 1.80 dollars max and 2024-25 max 4-5 dollars and huge dump to 0.50 again. carefull
Pump matic is in 2021 not 2022 because 2021 is a bullish year where Bitcoin has also finished halving and making the altcoin season arrive in 2021, but unfortunately in this bear market the automatic price has really fallen below $ 1, hopefully when the next altcoin season can be pumped again. |
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I think the dominance of Bitcoin that is too strong has a bad impact, the market is too dependent on Bitcoin so that many Altcoins will always follow the trends that occur, and I hope there is Altcoin that can defeat Bitcoin so that it makes the competition even better and certainly makes many developers optimistic.
There will be no Altcoin that will beat Bitcoin in terms of marketcap, but Bitcoin can be beaten in terms of efficiency and blockchain technology, it has been seen that the impact of Bitcoin's dominance is only 45% and 55% are in altcoins, but if you wish domination is fully controlled by one altcoin so of course the crypto market will be very volatile than this. |
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there are some that I hold and hope to reach the top 10 Coinmrketcap,
of course the ones that can get there are the altcoins in the top 100 so don't expect the altcoins below to reach the top 10 coinmarketcap.
MANA, OP, and SAND in my opinion will replace the top 10 coinmarketcap in the future.
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DOGE is actually a respectable coin in that it had no pre-mine and is POW and most importantly this coin is not only my favorite, but also the favorite of the richest man on this planet.
True but shiba inu has no pre mine as well. It's not having inflation like doge coin. You forgot that if doge coin has no limited supply. that means the supply was actually unlimited at this moment. It makes doge become less favorite for me compared with shiba inu. The inflation is gonna be for very long time and it will never be fixed. it makes me think for twice before try to get into the doge coin again. Doge and Shiba are the top memecoins, but I prefer to favor Pepe because Pepe still doesn't have the same market cap as Shiba and Doge, so there is potential to get there. but of course don't believe 100% in memecoin, you should prepare a stop loss if the price of the memecoin is at a bad price. |
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...and I switched to the spot market and tried to hold my favorite altcoin and as a result my money was still safe there,
so I suggest beginners trade on the spot market.
Trading on the spot market, you still have a slim chance that the value of the coin will return to the purchase price again and you will be able to close your deal at breakeven. Sometimes it takes years. With futures, your unsuccessful trades are liquidated very quickly and you will not have a second chance that the price will recover and you will get your money back. it is very terrible if trading in futures trading I see futures trading as a gamble, because I once tried to trade with a capital of $ 200 and I lost my money easily, different to the Spot market when I bought at an expensive price I was still able to recover from several rebounds at that price , so it's better to choose a spot market to learn to trade. |
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Unfortunately sleeping for altcoins market. But there is no matter for smart traders where there enjoy profits strategy everyday. If btc price move on rising again then we can expect altcoins profitable but without no way now. Last time i have invest two more altcoins but totally loss because there develop step sleeping.
It's a shame if you experience losses in altcoins, especially when altcoin prices are at the bottom, and of course in the bear market altcoins are cheaper than bullish, but it's a shame you fail to analyze it Fundamentally from these altcoins, my advice is you have to analyze it precisely whether the project is good in development or not. |
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demand in the 2021-2023 bear market is still not bad,
because the market cap of cryptocurrencies is also not relatively low compared to the 2017-2020 bear market,
indeed the price of altcoins is currently bad, but a lot of good news is starting to come making altcoin recoveries.
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if you want to find the next altcoin 1000x you don't try to invest in the top 100 it will be useless,
because in the top 100 all altcoins have reached ROI 100x even 1000x,
you better try to invest in the top 300 or top 500 coinmarketcap, there are still many altcoin which in my opinion is undervalued.
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Things that make the price of bitcoin always volatile because it uses the concept of decentralization so that prices will be easy for dumps or pumps, sometimes price fluctuations in a day can happen unique. And in my opinion another factor is the impact of economic recession that makes many people afraid of investing in Cryptocurrencies which are high risk.
I think the economic recession makes people afraid to be in the Bank, not in cryptocurrency, because if you look at the chart of Bitcoin in 2023 you will know that the uptrend from $ 16k to $ 30k is the answer, that the economic recession is not a threat to investing in Bitcoin, rather it is an opportunity to invest in Bitcoin or crypto currency. |
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Strangely, coins such as Decred, Dash, ZEC are going to divide. The reason is not entirely clear. Is it related to the legislative framework? DASH coin with history and appeared in the days of DOGE and Litecoin. Therefore, as if it should trade without problems on different platforms, including Binance
DASH and ZEC are indeed private altcoins and in the EU they are very prone to crime, especially since the government there is also very strict in terms of legislation, because privacy coins can make government noise even worse with coin privacy. Crime can be done very easily, therefore all coins privacy is forbidden there, and maybe it will be done around the world too. |
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Im not so sure in regards of this coin honestly, this coin hasn't been showing the growth quite well within these past few years.
but I think the halving events, i mean the rumour of it might help quite a bit in growing the price of this coin, even though i'm sure it's not gonna be spectacular, because many are preferring newer coins honestly.
be sure that the halving event can bring Litecoin to parabolic this year because the halving event will always bring the price towards a new ath, it's just that Litecoin also has to breakout from $ 133 because the strongest resistance is there, if the breakout I'm sure new ATH for Litecoin can happen, let's go support Litecoin by buying and holding this coin. |
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There are many altcoin choices that have good fundamentals on coinmarketcap and I prefer to invest in the Mask Network,
yes one of the Web3 projects supported by Elon musk I'm sure MASK will be like Doge in the bullish season,
if you look at the Chart on Coinmarketcap the Mask price is still colorful red, it means that the ROI from Mask is not completely positive,
of course this is a good opportunity to accumulate Mask at DIP prices.
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Well, I bought some fractions of Bitcoin at the price of $30K, ETH at $2,100 but unfortunately they have been going downward since then. The bearish trend in the whole market is still prevailing, which greatly impacts on coin prices. Despite the bear market, Bitcoin is still holding on its ground with its price not fluctuating over the top. However, the altcoins are becoming more volatile than before and I begin to doubt whether investing in altcoins is a wise choice. Did you invest in altcoins ? What do you think of the current altcoin market ? Please let me know.
I see you are almost become discouraged in investing, just always put it in mind that bear market is an opportunity to buy more and hold and you will never loss if you don't sell at loss, and this sayings is only applicable to legit coin which is bitcoin eth bnb etc., Bear market will pass and the bull season will begin and vice versa so patience is the key. don't give up mate, we're all going through a bearish season, all we can do is come up with a strategy so that the bears don't bankrupt us, and while not playing in futures trading and I'm sure many investors are still safe, even though the altcoin prices they hold are bad dumps, I experience it too. halving year is getting closer if you are able to be patient then I'm sure we will enjoy bullish if they come. |
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quite hard enough, i would just say it frankly that this coin will hardly ever recover, though take it with grain of salt in regards of my opinion but here's the thing, relatively low market capitalisation and trading volume. I don't think this meme coin is any good honestly.
Tamadoge can be said to be a memecoin to consider, because they have a good product, and the website they build is also very detailed, some top exchanges like Bybyt, OKX, and also Gateio also support this memecoin, so it's not impossible that Tamadoge's price will reach $ 1 in the bullrun later. |
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Am not about to give up hope, so should you.
•What ways have you exercised hope after setbacks or failure?
•What lessons can we learn from your experience?
what I do is only one, that is not giving up even though the trade in 2022 is very bad, lots of major altcoins go bankrupt, and 2023 lots of exchanges go bankrupt too Bittrex and Hotbit both go bankrupt this year, start investing from zero again and learn to better analyze a fundamental coin. |
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Bitcoin is backbone of all crypto and every token has direct relationship with price of btc. as long as BTC will remain stable we will se improvement in the price of Altcoins but for any reason if btc falls flat, the Altcoins will start dumping with high rate. There are only some coins which are undependable with btc such as gold back up coins or other assets coins which are backed up with real assets.
that's why if we want to buy altcoins, make sure we also analyze Bitcoin first, because if it dumps, the altcoins will also be dumped, and that's an opportunity for us to buy altcoins at cheap prices like now, because the price of Bitcoin has actually fallen by -60% altcoins were also hit, but it was a good opportunity to buy before the bullrun. |
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Where can I invest 4k bitcoin
To make profit daily 100$
Any suggestions inside crypto or any other field
if you want to achieve $100 profit daily with $4k then my advice suggest you trade in futures trading, because with $4k you can earn daily profit if you are right in your analysis, but if you insist on trading in spot market with $4k I think $100 every day will be hard. |
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