Creating Binance Smart Chain is one of the brightest idea of CZ. They have catered lots of projects that hates the high fee of ETH. If asked to choose between BSC and ETH network, I would go to the cheaper one because the user experience is the same. Aside from that, Binance coin has a greater potential to increase in a much higher percentage than ETH.
even more so BSC offers a cheaper fee than current ETH. it's really a profitable thing, and it's no secret that people are currently eyeing BSC over ETH. however, sooner or later, I think BSC will exceed ETH. Yes, but at this time, ethereum is still dominant compared to BSC. |
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You are right we have seen big dump and still in bearish as Bitcoin cross 40k last night but again now it is below 40k and hopfully market will go bullish in next few weeks but need some good news too.
this is the period where the correction is happening. Many people are selling their assets because the prices are quite high compared to the beginning of the year. however, I think currently the price has stabilized after dropping from $60k. but still the potential for dumps is still there, so keep yourself prepared for it. Personally, I prefer to collect assets and take advantage of these times. |
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I tried trading Bitcoin a couple of years ago but quit after I lost $300. What advice do you have for me if I decide to start trading again? Thank you!
keep studying. However, there are lots of people out there who have lost more than your assets, but they are still learning to learn the charts. the advice I give is, try to do research and research on an old coin, and choose one of them. don't use the money you used, but use the money you don't mind if it's gone. other than that, the most important thing is to be patient. |
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-BTC
-ETH
-BNB
I think the three coins are the king and his representatives. if you really want to hold assets, then start from this. however, it is an asset that has little potential for scams. So, for starters, try to pick one of these, and I might suggest BNB.
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We can not put our all money in crypto alone because they are very volatile. You can loss your all money in this market. You can get a higher rewards also but very risky. We can invest sum of money in our country markey they can give loss but not too early, even we can invest in gold as well.so no need to put all money in cryptocurrencies.
in fact, I also don't keep all of my assets in the crypto world. however, I know that the crypto world is very risky. I even saw many people selling their assets to enter the crypto world and losing money there. Well, right now, I'm probably keeping my 40% in crypto, and the rest is in other investments. |
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To be honest, I also missed the opportunity to sell some alt yesterday, and now hope the price can return to yesterday's price.
however, because of this, I think that no one really knows when prices are really high. Besides, I think when prices are really high, not everyone will sell, and some people still expect high prices or haven't hit their targets. to be honest, yesterday's price increase has not reached my target, but looking at the current price, I feel that the price is enough. Right now, I don't know if the price will go up or not, but it seems the right time to sell is when you have made a big profit.
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Technical analysis, maybe people can learn it. But control emotion, not all people can easily do it. Maybe after all analysis, we should know what we must do when market is not like what we're expected. So, from me is control emotion and minimize risk strategy is need to added.
analysis alone is not enough. I think we've all predicted that the price of bitcoin and ethereum will be very high in the past, and now it's actually proven. it's just that, the thing that needs to be considered is whether we will patiently wait for it or not. However, many people have the right predictions, they just don't have the patience for it and sell early. I also do that very often. |
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although it looks quite a lot, but it's possible. if the range is waited for 4 months, and FUD occurs, then the potential can reach that price. however, I also think that it's a huge drop. however, I still have speculation that IF there is a decline, then the vulnerability is below $30k, and above $25k. however, I'm pretty sure the price will go up by the end of this year.
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Elon Musk wants us to think that he hasn't sold the bitcoins he's holding. but, I think, some of the bitcoins he held have been sold. anyway, I think Elon Musk doesn't want panic to happen in the crypto world because he said that supports cryptocurrencies at this time. however, I think the price changes that occurred were also due to his influence.
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with a large supply and current price of SHIBA INU, then in my opinion it is not that easy for the price of SHIBA INU to reach $1, moreover SHIBA INU is a meme coin, so it doesn't have a useful product in the future and it makes me doubt if the price of SHIBA INU can reach $1, because I don't think that the price of SHIBA INU is worth reaching $1.
Look at this circulating and total supply Circulating Supply 394,796,000,000,000 SHIB Total Supply 1,000,000,000,000,000 SHIB is that the volume that can reach 1$ that easy? your kidding me lol. Well, sometimes people get so excited when they see a potential coin, and they start speculating. well, maybe the shiba inu is the trending coin right now, it's just that, I also think that the price can't reach $1. when the price of the Doge can almost reach that, it doesn't mean the Shiba inu also has the same potential. except, investor encouragement from the shiba inu has a pretty big capacity for that. |
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Recently, the price of bitcoin has dropped by almost 1/3. The beginning of May is 58 thousand, now it is already 38 thousand. The chart is steadily falling down. Will Bitcoin die in the summer?  I think it will not die, but maybe it will drop we all witness a massive drop of the bitcoin price, dropping is normal but dying or become zero in value is imposible. We all witness how bitcoin reach its ATH this year. So dying is really far from reality maybe it will be back to its price in 2018 but it will never fall into zero value. well, the words dead or dying seems like an exaggeration. at this time, I feel that the price of bitcoin is indeed in a bear market, but it is possible that the price will return to normal and rise higher at the end of this month, or in the next month well, besides, the current price is still higher than the price in the previous year. |
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If you can keep holding coins for 5 years, then it would make you create huge profits but it also depends on what kind of coins your are holding. If you chose to keep altcoins, the risk is definitely high as we know already that there is pump and dump season that happens anytime so you should atleast consider to hold ethereum as it has high chances to survive in long term. I also suggest to hold bitcoin as it will always bound to recover after it falls, unlike shitcoins that will always end up dead coins and will leave you losing your capital.
Well, it's really hard to hold coins for 5 years, especially if you have a lot of assets. however, if planning to hold long term, I also choose to hold popular altcoins like Bitcoin, ETH, or BNB, and probably the most appropriate choice for that is bitcoin, because the pump sometimes starts from that. however, holding back for 5 years is hard enough, and we can do that by buying and forgetting. well, you will remember when the price really pump |
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It is undeniable that the polkadot is a good coin and has a lot of potential. however, I don't think polka dots will be the next ETH. in fact, I think that polkadot is no better than BNB either. however, there have been so many people looking for an ETH killer, but right now it's all just a theory. So far, the coin that really comes close to ETH is BNB. that's what I thought.
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create a project that is needed at this time. Well, I can't give you any suggestions on what projects are good. however, think of a project that can make the tokens you create have a price that is difficult to drop, and continue to increase. Besides that, you also need a trusted team, and also the support of great people. never betray the trust that you have built, because many teams only care about their investors, but not for the people who have supported them since they were founded.
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Well, I don't think successful people will tell of their failures if the failures outweigh the gains they made. however, many people have lost because of wrong decisions. however, I think the story of growing profits from $100 to $100k is motivating, and other people want to try their luck with it. however, the story of $1 million to zero will only make people rethink the move. however, by now a lot of coin memes have been developed, and a lot of people are starting to hope it has the same potential as Doge. well, each coin has the same advantages and risks. the choice is to take that path or not.
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Recently, the price of bitcoin has dropped by almost 1/3. The beginning of May is 58 thousand, now it is already 38 thousand. The chart is steadily falling down. Will Bitcoin die in the summer? go check prices in early 2019 mate, maybe you'll see more potential than thinking that bitcoin will die. what I'm thinking right now is just how to collect it so I don't be late when the price goes up. however, many people think that way when they see the price of bitcoin go down. however, when they see the price of bitcoin go up, they will say that they regret not buying it when they thought that bitcoin would die. |
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I'm pretty sure the development of smart contracts for future projects will continue. their goal is to be big, and stand-alone, and to date, the mentioned coin is really a famous coin. however, I think a lot of people want to follow in the footsteps of ethereum or Binance, so it's only natural that they would create their own smart contracts as long as the opportunity arose.
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