The day I entered the bitcoin market, I was twenty years old with very little money. I had no one but a whole negative person waiting for me to fail and they would laugh at me and make fun of me. But I wished .. A good life was my right .. I had suffered enough… So I learned at a young age .. I fell a lot… I remember thinking that it's too late, everyone is making a profit, I have to hurry too… but then I realized that waiting is the biggest investment. It's never too late for bitcoin ... First, learn a little… When many still do not know what a wallet is, why do you want to risk your scarf? Do not worry, the market is always there. Instagram has a lot of tutorials that will help you Take a month to observe the market and you can spend a very small amount and get training.  I agree that it is never too late for bitcoin. If we want to invest in the long term, then choose bitcoin as an asset for the future. I first got into the cryptocurrency world in mid-2017. At that time I only traded short and medium term. By the time Bitcoin hit ATH in 2017-2018, I bought a lot of money. Suddenly the market is a dump and all the cryptos are going down. I panicked and sold at a huge loss. after 4 years to be precise in 2021, the value of bitcoin is higher than 4 years ago. So I learned that, even if the market is bearish, you have nothing to lose if you be patient to hold it in. Even a very large drop will return to higher ground for bitcoin. |
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when the market is bullish, it seems like a lot of whales are playing with support,
because many futures traders now, my advice is not to panic, join spot traders and hold for mid and long term,
because the altcoin season is getting closer, don't regret it if you don't follow the altcoin season 2021. remember !, Doge already started it!
Altcoins season will be coming. The last few days doge has pumped his price hard. Even new projects like TWT and UNI have been pumping hard. It looks like a lot of altcoins will break ATH this year. it's time for us to choose cheap altcoins to deposit into our portfolio. However, don't choose altcoins carelessly, because not all altcoins are worth holding. |
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Today I saw the price of DOGE very high on the Binance exchange, I immediately sold all the DOGE that I have. After I found out why the DOGE price hike was due to tweets from WSB Chairman and Elon Musk. I wonder. Why do famous people's tweets have such an effect on the price of an asset?
I guess it could be that we are still in the cryptocurrency bull run, it would be difficult to reach up to 1$ since it would need around 128 billion$ market cap. Be careful trading the DOGE coin in the market as it could easily liquidate your funds, I already see some people that lose up to 10,000$ in futures trading because of risking it and believing in this DOGE pump. Everyone already sees it as a short-term investment only, or maybe wait for the lowest price possible again and then reinvest. I would trust another project like ADA, DOT, ETH than this meme coin. But still, we can't deny that the pump could easily make a huge profit. This is indeed the biggest pump in doge coins. I don't believe in Doge coins, let alone invest. I use doge to play dice and reward someone who wants to use my referrals. I never thought to invest and sell it. But the moment the dogecoin gets high, I have to take the opportunity to sell it and buy it back when the price has collapsed. After that, I will keep using it as a reward and playing dice. |
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Doge coin making waves to surprises this month and perhaps because of the gamestop adoption for this coin and also people behind it that pushing the price up high. I had these coins long ago and got it on some free faucets and didn't care at all not until now it sky rocketed all time highs. Strong hands are likely the big winners of these pump.
I am also one of the others. I have 2K more doge coins I got from faucets and gambling. I never thought of selling and getting profit from Doge coins. Usually, I use doge just for fun (playing games, poker and giving tips and rewards to others). to this day I am very surprised to see the value of the assets that I have and immediately sell them. this is an exciting FOMO for me. I'm sure the Doge coins will go back down and I'll buy them back in greater numbers. |
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Today I saw the price of DOGE very high on the Binance exchange, I immediately sold all the DOGE that I have. After I found out why the DOGE price hike was due to tweets from WSB Chairman and Elon Musk. I wonder. Why do famous people's tweets have such an effect on the price of an asset?
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I was watching a live price chart on Bitstamp, I saw the price go as low as $29,400. The price has recovered to $30,611 as I type this. We are kind of in no man’s land at the moment. It’s interesting to see if the bears or bulls are going to prevail.
Even if the bear will win, I don't care and will continue to be a bitcoin holder. If I had more money, I would buy more and keep piling up. We have seen this kind of thing several times and in the end, the price returned to a higher level. Coz that's the right thing to do. Who wants to sell at their loss? Yeah panic sellers and weak hands. It's either you position yourself at the most convenient advantage, or keep holding when your not hitting your target yet, and keep stacking while the price is down is the smartest move. Btc is literally on the verge of deciding which way he'll head next, bear or another bull. The price actions has been so interesting lately, it will make the weak hands who hasn't sell yet panicked even more lol. As a person who has been in cryptocurrency trading for 5 years, will not panic and understand how the nature of the crypto market moves. I will take advantage of the panicked weak hands to buy cheaper and pile up. Because we know that the market doesn't always turn red. |
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I was watching a live price chart on Bitstamp, I saw the price go as low as $29,400. The price has recovered to $30,611 as I type this. We are kind of in no man’s land at the moment. It’s interesting to see if the bears or bulls are going to prevail.
Even if the bear will win, I don't care and will continue to be a bitcoin holder. If I had more money, I would buy more and keep piling up. We have seen this kind of thing several times and in the end, the price returned to a higher level. |
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A few days ago I have seen the COTI coin price in Binance very high. a big pump going on the COTI coin. I thought it was just normal hype in the market. To invest in the long term into the COTI coin, I'm not sure. |
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If you look back at 2017 pump it was average users like us who got the benefit of bull run as Bitcoin was easily affordable before the bullrun hence a good portion of users had bitcoin in their portfolio as there were not that much altcoins available in the market. But this year who has gained more ? Is it average users or else institutions and traders who made most of it? I think it's trader's who bought at cheap and sold at high because institutions are yet to cashoutm what do you all think?
The ones who get big profits when buying at low prices and selling at high prices are the winners. Large institutions and companies that caused a bull run in bitcoin value. So those holders who bought when the price of BTC fell heavily are the winners of the day because they made huge profits. |
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At least BlackRock's move can be used as a strong signal about how bullish big companies are about Bitcoin. This also reflects BlackRock's success in convincing their investors that Bitcoin deserves to be maximized to get a good profit
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I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
I did not panic when there is a big drop in price on the altcoin market. Because I chose altcoins that have a large market cap, and I believe the top-ranking altcoins can recover when there is a big drop. For me the decline in prices today is normal and we haven't gotten a bear market yet. So I choose to hold when there is a price drop in the market. |
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Bitcoin prices can hit up to $ 50K. But not anytime soon. Maybe after we cross the bear market and the price will bounce back up. and will likely exceed 50K. I don't know when that happened. But for sure Bitcoin will continue to increase in value as time goes by and more and more large companies are adopting bitcoin.
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With the recent launch of the Covid 19 vaccines, will it affect bitcoin, I assume that the Covid 19 vaccine will make the economy stabilize again, will this also affect bitcoin? will bitcoin weaken or vice versa?
I don't think the launch of the covid 19 vaccines has affected the current value of bitcoin. Although influential, only slightly. In my opinion, the current increase in the price of bitcoin is due to a large number of investors and large companies adopting bitcoin and investing in bitcoin to protect their wealth and their fear of inflation in fiat money. So, I think the covid vaccine does not affect. |
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A lot of people are predicting that ripple is dead, while some are of the opinion that it might recover after all. Recently, there have been some talks over whether Ripple should go head to head with SEC in court or settle.
What is your opinion on this matter?
There are still many investors who hold large amounts of ripple coin. they are waiting for ripple's revival. that means ripple coin is still trusted. Even though I don't own the ripple coin, I don't believe that it will die. Because several countries such as Japan still recognize and use ripple. |
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what should we do if we have some bitcoin at this time, regarding the increase in bitcoin prices that we see today, of course the value is very high compared to the increase in the past years, so do we have to sell some bitcoins at the current price, or even we add value to the amount of BTC that we have today by buying it at the current price for us to store for quite a long time ,?
What are the suggestions & opinions of all of your friends who are here?
I chose to sell some bitcoins at the current price and keep the rest in my wallet. Until the market becomes bearish, I will buy it again and keep it for a long time. |
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I think he accepts Bitcoin as payment just for pile up it. After accumulating a lot and the price has been high, then he will sell it. Because bitcoin has a volatile price, accepting bitcoin as payment will double its future profit. |
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Anyone have the idea for the best Crypto to invest in early 2021 for gaining high profit value
Currently, the market is bullish and we don't know how long the bulls will continue. however, if you buy bitcoin or ethereum. You don't need to worry if the price drops the next day. because bitcoin and ethereum will be able to recover the price. I think buying bitcoin and ethereum is not too late because storing them for a long time will bring huge profits in the future. |
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Bitcoin is currently experiencing an upward trend in price. the end of this year may exceed all expectations. We have all seen the rise in the price of bitcoin at the end of 2013 and the end of 2017 was fantastic. now it is the start of 2021 and we are already seeing more upside opportunities. It seems that we will be surprised by the price increase every 4 years at the end of the year. Even though this year the highest bitcoin price was $ 37k, at the end of the year the chances of a bullish market will be even greater.
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Could have bought it in March this year for sub $4000.
Downside risk is much greater now than it was earlier this year.
Is it the mentally challenged that are getting fleeced right now.
I don't think buying at a high price is wrong. Those who buy at the highest prices are not idiots. If they believe in a bigger rise in the future they will hold on for a long time and they will still make a profit if in a few years bitcoin hits $ 100k I don't think that's a good thing, unless he has a strong mentality to risk losing. Why is that? because we will never know when it will happen, of course it must also be taken into consideration before starting to invest our funds in bitcoin. because it is not impossible that in time we as investors also need financial suddenly. If we want to invest, then we must be prepared to lose. I think all investors are aware of that before they invest. We don't know when the asset value will double, therefore, the way to invest is not to put all the eggs in the basket. So, an investor must be able to manage finances and must be able to distinguish money for needs and money to be invested. |
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Could have bought it in March this year for sub $4000.
Downside risk is much greater now than it was earlier this year.
Is it the mentally challenged that are getting fleeced right now.
I don't think buying at a high price is wrong. Those who buy at the highest prices are not idiots. If they believe in a bigger rise in the future they will hold on for a long time and they will still make a profit if in a few years bitcoin hits $ 100k |
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