Depends on strategy that you are using, I'm just too focus on very few indicators because I believe on their effectiveness and they are working with me. I just look on Price trend, Volume, Rsi, Fibonacci, MA and MACD most of the time but if you're dealing on some project that is highly volatile, I don't think indicators will work, I just used my luck every time I buy those so called shitcoins. You must be more flexible because this market offers different options everyday.
You really have to focus only on those indicators that you understand because if you're going to look on every indicators then you might miss the point of using it because of too much analysis. We should have at least 5 indicators on our list and master that indicators to easy spot the trend, reversals and the possible price entry and exit point, there's no easy thing in trading, learning indicators may take time you must sacrifice for that. |
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That's possible and we are always open for that possibility simple because Elon keeps on hyping DOGE as if he prepares for something big, so we really don't know and we can't stop Elon from doing anything. He has the money and influence, the market will just react if this thing happen. There's too much hype on DOGE right now, so we are thinking big today, just be careful always.
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Anyway I thank Elon as he is selling all his $1.5 billion worth btc in the markets causing this correction, thanks to him we will be buying his btc more cheaper.  People who still think that Elon is doing this for money have no idea how human brain works. Elon is a high end narcissistic person who never had to deal with anyone else because he was born rich and then struck gold with paypal, after that he wanted to do something that helps the world and get him a lot of love so he hired people and then used all of his money (and others money) to keep that love coming. Nothing he does is "just business", dude has all of Tesla patents open source so that others can build cars from his patents, you can literally create one to one exact copy of tesla cars using those patents with a few changes and have your brand new car, which nearly all other auto makers do use but deny using. The only thing he cares about is to have power over something and be loved for it, that's it, if people love him then it is good enough for him, it is not money, it is not richness, it is not even everyday life changing, as long as he is loved and powerful that's enough for him. He's already a billionaire so technically its not about money, there's a dip reason behind it and hopefully his real purpose is to help the crypto community, to provide real products and not just a hype. We know his story about putting up SpaceX into space, he worked hard for that and he succeeded. Now he's looking into cryptomarket, making statements about DOGE specifically, he's cooking something for sure. Elon didn't crash the market yet, people are just panicking for just a simple tweet. |
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Many speculated the continues uptrend but very few sees the possible big correction in the market, and that's happening now. This is normal after trying to break the resistance many times but still failed to do so, we've reached the peak already and if Bitcoin didn't hold into the sideways trend, then we can confirm the bear market already. Don't panic, this is a buying opportunity again think of those big players who enters on the peak price of Bitcoin, for sure they are still holding.
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Waiting for your list so I can also know what's the successful pump and dump tokens stayed in the market for long. We know the hype of those tokens early this year and until right now, having this list can be a big help to easily spot the possible opportunity to make profit in short term. This might not be a financial advice, but we know many earns a lot on many previous trends.
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A big company like Binance its no big deal to them, they are probably complying with the standards of the US government before they offer products and services to the country. CZ is confident about this and I believe this will not disrupt the current bull season.
That is for sure, this news is just like a FUD to me because I know how Binance works hard to become the top crypto exchange and CZ is telling us nothing to worry about because they are complying with the rules and law. This is Binance US and a different entity, I just don't see the timing of this news but its good that the market is recovering now. |
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Tesla is just like an ordinary stocks that after reaching its peak, it will start to go down and reach the support level and after that, it will rise again because this is a cycle. The competition is rising though and there’s so many factors to be consider, but still Tesla keeps on innovating and who don’t love innovations especially if it works perfectly?
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Most of the scalpers are rushing buy memecoins because of its current hype and they believed to make easy money from that project, those projects are called shitcoins because they have no function at all in this market aside from the hype. I do buy some and make money as well, whenever the trend is its ok to ride for a while and make money but of course there’s still risk.
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It should be hold untill elon Musk settled it as a payment system for tesla.
It price will jump sure. So hodl is the best option for doge.
Hold until it does a bank.
There’s no guarantee on this one especially now that Elon dumped BTC, so this can also happen to DOGE as he manipulate the market so don’t trust Elon that much, I see him as a traitor. If you want to hold DOGE then you can do it, but personally I’d rather trade with it and take securely my profit. |
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Many bsc tokens have been on the rise in recent times but you should be careful buying them as some tokens are just hype without use case, keep your analysis prior to holding the tokens.
That’s what happening on most of the new tokens under BSC, especially the memecoin I don’t see their real value aside from being an instrument for a pump and dump scheme of many whales so better bo to look for that kind of project. Go for the best with great fundamentals and great platform, don’t just follow the hype and be smart with your investments always. |
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Let us say that the data might not that be accurate but it's reasonable that there's really a surge in the traffic as the market has also surged.
I think these factors helped a lot.
- Bitcoin surpassed past ATH.
- NFTs
- $Coin
- Elon Musk's tweets.
- and other more
And that triggered people who were interested to invest in cryptocurrencies to register in exchanges that are popular which can be known by just googling it.
Not just Bitcoin but almost all the top altcoins also made their all time high and the hype on meme tokens make Binance on top same thing with Pancakeswap. Many are now interested to invest on cryptocurrency and its good that they choose the best exchange for that, we can expect more users to come in the coming years. I just don’t like Binance stopping the withdrawal because of that traffic, I hope they can address this problem. |
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Cryptocurrency operates worldwide so what can you expect? Not all coins/tokens have that kind of volume not unless it is being manipulated. If you’re planning to create a new token just because of volume, then I guess you are planning to scam people, if you’re serious with this one you must create a project with a great services to offer, not just a meme coin that later on will turn into a scam.
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There’s a lot of ways to earn cryptocurrency, from less risk to the most risky way to earn cryptos. I do trading and bounties which I think is less risk to earn cryptocurrency since I know what I’m doing and I don’t deal to any shit projects that can just waste my time and my money. Shitcoins are too risky today, there’s so many Dogs token and most of them are failing better to deal with those projects and monitor your wallet 24/7 from time to time because it moves faster than what you expect.
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I don't know but is this coin only for the Loser?
Anyway, Chinese market is huge but it doesn't guarantee a success on every project they are buying, this might be another meme token that is joining the current hype of the market and will lose later on, 10x is a small pump for a meme token with a great community, you should aim for more.
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Every country have their own criticism and we cannot blame them if they see their own government is not working that much and didn’t work based on their satisfaction. If you’re looking into a worlds economy, you’ll see every country is still suffering and they can’t recover that easily so expect the recession to last until the end of this pandemic.
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Since the launch of Eth 2.0 seems to be earlier, will this news drive the price of Eth 1.0 down ?
This is just an update mate, and on what stage we are now on this update? Since it looks like it slowly adopting by many and the price reacts on this one. Though some problem are still pending to be solve especially the fees of transacting on this network, I hope before the end of this update, they come up into a good solution and make the ETH network cheaper again. |
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Apple is a big company and its older than bitcoin so it's impossible bitcoin can achieve easily the position where its now.. But you know bitcoin market is to heavy than apple and i believe there's a right time for bitcoin to take over that position.. Unfortunately on this point we can say it's too far but if you will compare the speed of growth rate of each every year perhaps you can say also that bitcoin has a potential to took those thrones in the future because in fact bitcoin market is wider than apple market. So what if?
You can consider Cryptomarket as a whole company who are working for only one goal, to give financial access to everyone and looking at the numbers we beat Apple in terms of total Market Cap. Well, bitcoin alone will take a lot of time or even an impossible things to happen but since Altcoins fill the shortage of Bitcoin, they can consider to work together and put the whole cryptomarket on top, we are growing over time and this is also a good technology. |
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Good timing should also be considered as an important factor. In the bloody market days, we witness the failure of good projects, while in green days even shitty projects can find a place for themselves.
That's what happening right now, shitty projects are gaining a lot of exposure in the market and even get listed on the top exchange without real business in this market, this is how timing is important. If you are into serious business then you must think you edge towards other project and offer a good solutions to those existing problem or to create a new platform that can benefit the whole market, you must also consider the total supply of the project to become more successful. |
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Can anyone know what’s the highest price of Bitcoin? Maybe its true that sky is the only limit and I see Bitcoin to keep pushing its price in the next 5 years but of course, expect a more volatile and corrections while aiming for the top price. Anyway, don’t focus too much on Bitcoin because there’s also a lot of good altcoins that you can invest with, better to diversify now.
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Its easy to predict but you have no guarantee that it will happen especially if you are dealing with the shitcoins. The market moves so fast for a busy person so if you don't have enough time to spend on this market, you'd better hold good coins and wait until it reaches your target price. This market is pure of risk and luck most of the time, no one knows if that specific project will boom or not, so this can also be considered as gambling especially the altcoins.
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