I recently made some money through Amazon Kindle Direct Publishing, and I'm considering using it to purchase some Bitcoin. Only a tiny sum, roughly $800, is involved. What do you suggest doing right now? Purchase some Bitcoin or another cryptocurrency with a promising future.
What replacement coins would you recommend?
depending on your choice, 1. a definite profit for the long term if you choose this, then you should invest in Bitcoin, because in my opinion Bitcoin is very good for the long term investment 2. Big profit with big risks too if you choose this, then you have to invest in altcoin, because the risk of investing in altcoin is very high, but of course the profit you can get is very big if altcoin that you invest are successful and altcoin that I recommend is SAND and KLAY (this is just my recommendation and you have to DYOR). There is probably no long term investment in altcoins right now, because altcoins don't have a long existence. New projects are constantly appearing on the market to replace other coins. Although I guess the profits with the right investment can justify any risks. |
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I thought the beginning of June would be hot because China lifted the ban on cryptocurrencies, but so far it has not affected the market. Hopefully it will happen in June and prices will start to rise. Although usually summer is not the best time for any market.
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China and Russia are just for the world to accept bitcoin then you will see the full force these two countries will put in place to use bitcoin. For the are playing low key players but time is coming that these two countries will explose on bitcoin. For now as for me this not a sign of a bull and it is still a sign of a bear market. The market is just moving from 27-28ksu dollars. When the market is about to enter into the bull, it has to break the horizontal line of 28kus dollar. For buys in the market, they should use this opportunity to buy and store coins enough in their store houses. The bull market has not come close. It is still far.
China may indeed have a positive impact on bitcoin price, but Russia is unlikely to do so. By the way, cryptocurrencies and mining are not banned in Russia, so anyone can use bitcoin, but that somehow does not affect the cryptocurrency market. About bitcoin being worth 27k, at the beginning of the year it was worth 16k. So the market can't be bearish now. |
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it's too naive if they should be afraid now because if they are not too confident just with the condition of Manchester City who put the ball in at a very fast time they indirectly give up and I think that doesn't reflect a big club.
Now, even though Manchester City is the favorite, they still have to face it because there really is no other way. If indeed they still intend to have the same goal for the treble as Manchester City's goal, then they must be able to play well, even if they are not too favorite.
I think Inter Milan is a big team that has a long history in the Champions League. So it's not a strong benchmark if Inter Milan will experience fear over because Manchester City managed to get the FA Cup Trophy. There is even a strong gap if Inter milan has a strength that is difficult for everyone to guess in the Final Match later. Simone Inzaghi does not yet have a career history in the Champions League which is quite impressive in his career. Even I don't think he can be underestimated because he managed to bring Inter Milan to the Final has shown that he is one of the quite sensational coaches this season. Apart from that, Simone Inzaghi was able to make Inter Milan under his control this season, becoming a team that his opponents really feared. In this case, I believe that these two teams have their own characteristics in their playing patterns, especially with the atmosphere of the final match, of course it will be quite difficult to predict who will goal first in this match. As what I said before. In terms of current probabilities, Inter is indeed a big club and of course we cannot hide the fact that it is still a club that cannot be underestimated. But on the other hand, of course we also have to be aware that even though in this case Inter is a big club, still Manchester City can be said to be bigger than that so that Mancehster City is indeed the real thing in this final. On the other hand, but in this case there is also no reason that Inter should give up before fighting because they fought from the group phase to the final this time it took a big struggle so it would be too naive if they just gave up for now because it's really a shame if they play hard from the start but had to give up easily just because the opponent was stronger than them in favourites Man city is the favorite to when the finals due to the fact that they are well prepared for the game. We saw this in their performance last weekend in FA cup finals against Man united. This shows that they will win Inter in the finals. The moment Man have started winning,nothing can decline their performance. Inter is also a good club but I don't think that they will be able to defeat city because they are not prepared for the victory. If they can hold city to penalty shoot out,then I see hope for Inter in winning the finals. I don't doubt Manchester City will win this final either, but it's football and it's only one game. The result could turn out to be the opposite of what was expected. For example a red card or a penalty. Inter are not a weak team either and have played well in recent games. I think this final will be very interesting. |
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The most interesting part of this season in the French League was Monaco because they didn't start the season well and had some mistakes in beginning the road but in a few weeks they were even in second place in the table and they could even be first place and win the title, at the end, of this season by the failed and again in the last weeks of the season they couldn't have the same performance and that's why they are in 6th place of the table.
Lens have surprised me more than any other team this Ligue 1 season. They played very well all season and finished in second place, just one point behind PSG. That is, they could have been winners if it wasn't for a few upsetting losses. This season was a nervous one for PSG, but they still managed to win first place. |
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Celta Vigo managed to beat Barcelona at home with a score of 2-1 and actually this is not a surprising result because Barcelona didn't seem too serious about being able to win this away match. Celta Vigo greatly benefited from this victory because they managed to survive the relegation zone this season and we will still see Celta Vigo's struggles next season. On the other hand, maybe Barcelona failed to finish with more than 90 points this season but they seem to be okay even though they failed to get these additional points.
The teams that fell out of the league were Valladolid, Espanyol and Elche. Speaking for the Elche team, they showed long ago that it would be relegated from the league. Valencia and Almeria managed to stay in the league at the last minute. This year has been a nightmare for Valencia. Celta remained in the league with three points from Barcelona. It was a great ending in La Liga. It is a shame that Espanyol remain in the relegation zone and will not play in La Liga next season. However, the new team Girona have performed very well this season. They were just a few points short of qualifying for the Conference League. This is a very good result for them. |
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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.
That means if you shall have only invested in the legit coins to make sure if you will not be losing your money again. I think that this is the most difficult task that can be done by us. It's caused by there have been bunch of traps in the market that was also forcing people not to dyor Sometimes it happens that even when a project is well researched, there is a scam. Or if not a scam, the project simply loses relevance. Every season one project replaces another. The worst example is luna, but you can look at the history of sol. The main thing when investing in altcoins is not to get greedy and don't keep the coins for long. If you get a good profit, sell the coins and forget about this project. |
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1. Will Bitcoin ever fall to zero someday?
Give a proper argument why bitcoin will fall to zero? until now I don't see one strong reason why bitcoin will be at zero, regardless of how the government tries to spread negative things about bitcoin and what I understand from your post, it has to do with government policies that will prohibit the growth of bitcoin globally and is this the only stronger reason to say bitcoin is going back to zero? But realistically that also doesn't happen and many governments actually allow legal bitcoin as a commodity asset that can be traded and even El Salvador has legalized bitcoin as a legal transaction tool. Therefore the chance for bitcoin to be zero is completely impossible because of the strong assumption that the government also does not do that. There are several countries that have banned bitcoin completely, both as a commodity asset and as a legal means of transaction, but so far this has not affected bitcoin in any way. 2. What happens if it ever falls to zero?
When zero assumptions are impossible then what will happen we will never know, even people's belief in bitcoin will return to zero is not the same as altcoins and shitcoins which on their journey are pumped, dumped and die. The point is not that bitcoin will or will not fall to zero, but that the blockchain will continue to work well anyway. Although zero is impossible because the measure of value will still be there, bitcoin can still be used to buy or sell goods. If the dollar becomes weak, bitcoin will be measured in another currency. |
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The league ends today in the Spanish La Liga. When I look at the schedule, the most striking match for me is the match between Real Madrid and Athletic Bilbao. Because if Real Madrid loses points in this match and Atletico Madrid beats Villareal away, Real Madrid will finish the league in 3rd place. Real Madrid did not have a good season. But if they finish the league in 3rd place, it will be a nightmare for them. They need to beat Athletic Bilbao at the Santiago Bernabeu. Otherwise, they will most likely finish the league in 3rd place.
It is not certain that Atletico Madrid can beat Villarreal away. But I have no doubts that Real Madrid can beat Atletico Bilbao. Although for Bilbao it is a very important game because they are fighting with Osasuna for a place in the Conference League. I agree that Real Madrid and Atletico Bilbao should be an interesting match. |
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As already written, Monero is a private coin. The Monero blockchain cannot show the balance of any address. But it's not quite clear to me why you would want to check your wallet balance often. The coins are stored in a secure Blockchain and belong only to you. There is no need to check the balance regularly.
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In the last cycle after the halving in 2020 bitcoin made x20 from a bottom of 3k. If we assume the bottom was at 16k and take into account that each cycle gets less growth. For example that bitcoin could make 10x from the previous bottom, then the price could be 160k. But that will probably happen in 2025.
It would be amazing if Bitcoin could be at $ 160K in 2025 even though it is still beyond my personal reasoning even though you have revealed facts that have happened to Bitcoin in the past. But for now I would never envision such a big price on Bitcoin in 2025 which is a super bullish condition on Bitcoin with a market cycle that should really improve by then. Yeah I also hope that hopefully it can happen after 2024 is over. Why is 160K something fantastic? After bitcoin fell from 20K to 3K in 2018, many also thought the price would not recover again. Especially after it fell again in 2020. But a year later, in 2021 there was another crazy bull run. Those who had no doubts about bitcoin were able to make good profits. |
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I guess Tether understands the perspective of bitcoin, which is why they invest in bitcoin and even decided to go into mining. That means they are doing well in business and can really be trusted. But it still doesn't mean they can't have problems with the US government because usdt is a surrogate dollar. that's the problem because in the US we know how strict the rules regarding crypto currency are, moreover USDT was in the US a lot of FUD a few years ago but USDT was able to answer emphatically that they were fine in terms of reserves, so I think we can trust USDT for now. I wasn't talking about reserves, I was talking about the fact that Tether is not a real dollar. I think at any moment there could be problems because of this. Especially when the US develops CBDC. Tether will turn out to be a competitor for that digital currency because any user can use it. |
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I guess Tether understands the perspective of bitcoin, which is why they invest in bitcoin and even decided to go into mining. That means they are doing well in business and can really be trusted. But it still doesn't mean they can't have problems with the US government because usdt is a surrogate dollar. |
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Of course, everyone understands that when a halving occurs, the price will skyrocket, of course, to be able to skyrocket depends on the previous price, if the initial price in 2024 can reach at least $ 50k then I'm optimistic that the price will easily reach $ 100k during the halving but if the initial price in 2024 is around $ 28 k then the max achievable price might be $50k.
Bullrun in the price of Bitcoin can occur before Bitcoin Halving or after Halving, we do not know for sure when Halving occurs when viewed from this point of view. But if you think about the price to touch the highest price level, I cannot predict it, even though you say if $ 28k then the possibility that Bitcoin can touch in 2024 is $ 50k and if $ 50k at the beginning of the year then $ 100k at 2024. But I think Bitcoin will touch the highest price level in the range of $ 80K- $ 90k, I don't see so much Bitcoin potential can reach $ 100K, although basically I am also happy if Bitcoin touches the price level, but at least we have to be realistic with the situation what is happening right now. In the last cycle after the halving in 2020 bitcoin made x20 from a bottom of 3k. If we assume the bottom was at 16k and take into account that each cycle gets less growth. For example that bitcoin could make 10x from the previous bottom, then the price could be 160k. But that will probably happen in 2025. |
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I never try to invest in meme coin even of it is in hype i dont really invest into it, because meme coin is a very high risk coin that can give you a headache i saw a lot of people that says they earn in meme coin maybe they are a risk taker they earn because they take the risk they are lucky that is why they earn, if there are people that earn there are also so many losers on meme coin so be careful.
It's not when the hype is high on thie coins that we should go for them only, It's more safe to invest on memecoins than memetokens for those interested in some altcoins investment, but yet the research have to deepens, but just as you've said that the risk is too heavy for you to bear and makes ot more difficult for you to try investing in them, also you're right because as some are earnings many are also loosing depending on the coin they have invested. Are there many meme coins to invest in? I know only dogecoin. All other coins that have had a high hype are tokens. I don't think there is much difference between a mem token and a mem coin. Both don't make any sense. If all altcoins are shitcoins, then meme coins are even more shitcoins. |
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If price going down temporary, doesn’t mean altcoins dead. Bull and bear will come to stay in market respectively. None of that is permanent.so don't be disappointed with current altcoins price. You can expect improving all of those from your list soon. It is very rarely happened when some top ranked coin dead because of various reason but most of those are considered safe by people
well some of the coin out there after getting massive correction and the price going down so much they could be dead afterwards losing their market capitalisation somehow. the only coin that didn't die are those with high trading volume and market capitalisation. Market capitalists are very decisive in trading but many altcoins cannot maintain capitalists during the bear season, many investors change their assets to btc because they have taken advantage of the altcoins because basically altcoins are very risky for long term investments. I think a lot of people are selling Bitcoin to buy Altcoins because Altcoins in the bearish season do have very cheap prices, and have the potential to go x10 or even x100 in the bullish season, if you say altcoins die in my opinion that's wrong there are still lots of potential altcoins that can indeed rebound from the DIP price . That's true. Right now many altcoins are at the bottom and very cheap. I also think that in the near future buying some coins will give good profits. You have to have patience and not pay attention to small price fluctuations. If you buy altcoins now and wait a year for example, patience will bring profit. |
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Sevilla team win yet again the europa league crowning themselves kings of this competition it was a good final both teams had multiple goal chances and either one could've been the champion but unlucky for roma, sevilla goalkeeper bono showed a great performance especially in the penalties and he allowed his team to win the title by stoping two of them.
Sevilla didnt stop attacking the entire match and deserved the win in the end. But i think Roma got badly damaged by the refs. I dont understand the refs that was a clear handball in the end of full time for Roma. If they gaved them the penalty the match could have gone in a different way I liked Sevilla's attacking play too. They looked better and stronger than Roma. Luck was on their side. After Sevilla won the Europa League many things can be said, but the result has already happened Roma were weaker. |
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It was a bad management from the referee yesterday night.Roma played better until the point Dybala was out for that Netherland attacker which was the worse player of the whole match in my opinion.The referee missed two clamorous penalties for Roma and one for Sevilla and the bad thing was that he kept saying "No penalty,no penalty",I wonder why UEFA let Premier League referees in such finals,they are not fit for when two teams of other nations play each other as they are used to another type of football in the Premier League,I am not saying they should not manage a final but not such type of referees who made the game go a different way.
I agree with you that they shouldn't use that kind of referee in a final because both teams will be focused on winning the league and will do whatever it takes to do so. Roma was very serious in the game yesterday because they knew Sevilla had the desire to win the Europa League. The first goal convinced me that Roma was fully prepared to defeat Sevilla; the only thing Sevilla has was luck. Roma really played well, and even Sevilla will believe that they just got lucky to win the game, therefore it is not terrible that they didn't win the game since the game is either you win or you lose. Any football match is a stroke of luck. Especially it's a final and only one game instead of two. But I think Sevilla have played very well this season. They had really strong opponents, unlike Roma, who got to the final much easier. Therefore Sevilla's win is fair. Roma had their chances, but Sevilla were lucky. |
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There are a few events like the Hong Kong launch on June 1st, the unemployment numbers and the CPI and the fed rate.
Depending how the employment looks and how CPI performs we might have some volatility. Basically everyone is expecting softening of the employment and inflation. If they come in hot then we might be in for a ride.
I vote for a slightly bullish June however.
China officially removes its ban on cryptocurrencies tomorrow. I think this is bullish news. After China banned cryptocurrencies, the market started falling. I think that when they remove the ban, the market may start to rise again. China, like the US, has a lot of capital that can get into the market. I expect June to be a start for the bulls. There was a correction in May, now it's time to rise again. |
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May will end in about 36 hours, and I think the May price condition will be no different from April, the expectation that the price will skyrocket after March turned out to be wrong, the market continues to decline because many people are taking profits, this is because they buy when the price is cheap under $20k, so by selling at $28k they are making over 30% profit.
We'll just see if the candle closes in May, it will be red or green, if it closes in red then we most likely see June as bearish, but if the candle closes in green then I'm sure June will be bullish. Hopefully bitcoin will recover in the next few hours. I expect the summer to be good for cryptocurrencies, as it was in 2017 or 2020. Hopefully it will be a cycle if similar history repeats itself in 2023. I see no bad reason for bitcoin to start falling again. I call this May a correction after a not bad rise. Bitcoin doubled in the first quarter. It is not a bad result, but there is no growth without a correction. By the way, May is not a negative one. It was just a sideways movement this month. |
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