The gaming industry has grown very rapidly in recent years. many esport organizations have sprung up and also large entities are also investing in esports organizations. The gaming industry's marketcap is also quite high, around $174b in 2021 ( https://www.mordorintelligence.com/industry-reports/global-gaming-market), and I'm sure it will grow tremendously in the coming year, with lots of new gaming technology available. if it's crypto, try to see what products they offer, look at their timeline and ask how they are executing their plans, including partnerships and more
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no one expected the price of Bitcoin to be like it is today and of course the government is here to regulate it Because the unpredictable price of bitcoin is what makes it difficult for them to regulate it. Besides that, the decentralized nature of crypto makes the government think twice about how to determine these parameters, because each crypto must have their own nature because of their technology
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The current market cap of the metaverse is very high, and the forecast for the future is also very promising, almost around US$758.6 Billion by the Year 2026 ( https://www.globenewswire.com/news-release/2022/02/22/2389001/0/en/Global-Metaverse-Market-to-Reach-US-758-6-Billion-by-the-Year-2026.html). This is sure to make people flock to follow the hype of this metaverse and hope to make a profit. but unfortunately there are some irresponsible people who take advantage of this moment to create trash and fraud projects. this can be seen from the many projects with metaverse appendages. I don't hate the many projects in the metaverse industry, but we have to be very careful, even when doing our due diligence
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I invest in several altcoins but for short term profit. I also have several stocks that I can wait for to get some dividends when the time comes. I still want to invest in digital assets that can be used as a passive income foundation to reinvest, but until now I haven't found the right path or way.
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I think this is just a normal pullback in the last few weeks bitcoin has also managed to survive a fairly large dump to the $30k price level, and is currently quite stable despite experiencing a minor decline which I think will recover soon
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its depend on which way they (government and public) choose. government will lead public to control movement, if it success they can make good step forward to repair their economy. not only government, people need to hold their desire. its really hard because they cant produce what they need, but government must help, show their power to strengthen people.
Yes true, it all depends on state policy, as long as the state can control its citizens then COVID-19 can be controlled, in general in my country the impact of COVID-19 is very large because many companies bankrupt and make unemployment increases. Don't mean to be pessimistic, but controlling work is not an easy matter. governments have to lower their egos to take care of their people competently. because if they still think narrowly about the political "party" and even ignore their people, that will be very bad. there are many policies that deviate from the covid-19 social assistance fund, so the impact is that many companies go bankrupt and also many unemployed, this is none other than because the government still puts their personal interests first in these circumstances
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For me the hype is not yet over since we didn't yet see the full potential or the super hype of NFT. Actually, it is possible that NFT is just about to begin since there are a lot of projects now are related with NFT. So, not yet over.
Yes, it's definitely not over yet, but NFT hasn't fully started this month either, so there's still something new to look forward to and that would be a very useful surprise for NFT, as there's been a lot of positive response to NFT at this point. I think I read some readings a few days ago, if I'm not mistaken at the crypto bloomberg that NFT is still very popular today. maybe only the bitcoin trend is slightly down, but not for NFT
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BTC still holding the $35,000 level. Although we cannot be certain, the technical indicators and Bitcoin psychological trends support the possibility that we will see a rally soon. Hopefully, Bitcoin will see new all time highs.
Do you think $65,000 represents the peak of the current bull market?
I'm optimistic it's not we are still half of the year there's still hope that something huge is going to happen for the price to break the $100k barrier, we have seen in the past how Bitcoin surge to 15% or even more, Bitcoin this year is breaking a lot of its own record and reaching great milestones, let's not doubt now anything and everything is still possible. From some details of events that took place this year from Tesla accepting bitcoins as payment, to Elon selling his bitcoins and also rejecting bitcoins and accepting them again, I think $100k is going lil bit hard for this year, maybe next market cycle? the most realistic number in my opinion is between $75k to $80k
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I think the current bitcoin price floor and in the next few years is at $30k because we've seen it for ourselves in the last few weeks that bitcoin is being tested at $30k and has never broken through to $20k. so if it's going to $10k I think it will be very difficult, the bitcoin floor seems to have been fixed at the price of $30k until the upcoming halving event, but it's possible that the bitcoin price this year can reach even higher than the ATH it has achieved
I still can't believe that bitcoin could go down to $10k. saw some big companies that still hold bitcoin, Tesla, MicroStrategy even continued to increase their bitcoin assets a few days ago. maybe if these big parties change their mind and sell their bitcoins, i'm sure bitcoin will go down drastically, but for now it's almost impossible for bitcoin to fall to $10k
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Volatility does not mean bearish, maybe you can call it a pull back? or I'm not too sure about it. but of course this is one part of the market cycle. right now all we can do is wait for the momentum and invest wisely to be able to get a profit
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outrageous. I know that after at May BTC experienced a dump of up to 3000K, there was Tesla, there was Elonmusk, there was China. they already have money, and still want to earn money. it is human nature that is never satisfied. looks like their trick is Fud and Fomo.
Back to the fundamentals, why do they invest? Are high-ranking companies like Tesla investing just for hobbies? I don't think so. I only regret the way Tesla does it to the community, I think Elon as a role model is not good enough to do it, and instead made some mistakes by only focusing on profit? I'm not so sure, but for sure they invest for profit
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I think I am addicted to buying Bitcoin. I buy only little by little but this is too addictive. I still have some cash but that money is being spent on buying Bitcoin every day. Do you think this is wise or should I stop for few days? VidMate MobdroYes, you should stop buying Bitcoin, the right time to buy is when the market is dump and the time to sell this is what you set. You should set a target to sell, it is not wise to buy every day. You have to understand the nature of this volatile market well so as not to lose your money. You have to buy bitcoins with money that you don't need in your daily life. Momentum when buying is also very important, because buying bitcoins means you are investing and spending your money. You definitely want your investment to get the maximum profit, right? so waiting for the right time, for example during a dip or bear market then buying it is the time you have to prepare, so you don't have to buy it every time you have money
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ETH might grow a lot in the future because of its upcoming updates but that is not enough reason to take over Bitcoin, and force Bitcoin to follow the trend of ETH. We all know over the past years Bitcoin dominates this market and we always follow that trend, I still believe that despite of the growing competition in this market, Bitcoin will remain superior and its really hard to challenge BTC for some reason.
As far as ethereum develops and no matter how big the market cap is, bitcoin will still be considered a fundamental coin for crypto. because almost all the familiarity of the crypto community around the world is due to bitcoin, and because bitcoin is also a trend, other coins also have a place as a means of investment.
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For the team, you should look for a circle that can really help you when you are in the early stage. just look for a few people as a core team who have the same dedication and goals as you, so you won't be too wasteful in spending. This core team must also be a pillar of the project you are working on, make sure all the core teams that you form know exactly what you are doing and are willing to fight together to achieve future project success.
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Actually the topic "next ethereum" and so on is not really relevant, imo. because at this time Ethereum is still very active and there is not even a technology or protocol as good as ethereum. But if you ask about similar products and use cases, you can see, Polkadot which currently has a very good ecosystem, Cardano, Avalanche and also NEO
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We may not have even entered the bear . Remember it was not natural that price deeped. Elon musk was really in the busines and that was a major reason for the dive down and if not that, maybe price could still be around above $55k. So maybe we can say correction and the bear isn't triggered yet or may not even trigger anything below.
I think we need this deep in order for the price to bounce back even greater. It’s like preparing for the next bullish market that will break the all-time highs. Altcoins will surely follow that trend and create the next altcoin season. I think it’s a short bear market due to some bad news and unwanted regulations that affects the price of the cryptocurrency. As you can see now, we’re in the track going back to $55k and I’m sure it takes time before we reach another all-time high. I believe that if bitcoin is able to survive the $30k price level, then bitcoin will again find its way to bounce back to higher price levels. regardless of what Elon has done the last few weeks, I believe the bullishness this time is quite different, and maybe the market cycle has started by now
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