I think this is not an attempt "to influence the crypto market", but some tricky person just created this token to sell it during hype. Elon Musk zero relationship to this Floki token.
I agree, Elon musk has no connection with the Floki token. Maybe he really wanted to name his dog Floki and someone took advantage of that. |
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Now there are three questions in America. 1. The sluggish economy 2. High inflation 3. The outbreak of the epidemic.
Dow plunges nearly 900 points on July 19 2021.Bitcoin drops back below $30,000 yesterday.
All are disappointing signs. Many investors plan to sell Bitcoin.Most people lose patienceIn for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?
I think if a person takes a long-term time perspective they shouldn't worry about the daily price, remove apps from their phone and live life. That's right, if someone wants to hold for a long time then he doesn't need to care about the price of that coin on a daily basis. He only needs to pay attention to the time at which he intends to sell or the price at which he wants to sell. |
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Many people frequently ask is bitcoin better or is ethereum better.
There is no exact answer to this question, Bitcoin and ETH were born to serve different purposes. Bitcoin was born first and is the king of the market ETH was born with the purpose of being the foundation currency and it is considered by everyone as the queen of the market. |
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there are always something we can not consider wonder if you are buying dip now
No one can accurately predict the cryptocurrency market, everyone can only make their own predictions. Personally, I think the market in general and LTC in particular will decline until the end of 2021. |
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To verify a certain project you need to learn about the project as a whole.
You should first learn about the development team, if they are professional and reputable then you should learn about their products, media sites, etc.
This can help you reduce the risk when investing in a certain project.
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How crypto currency change your life?
For me, When I was started it seems that in crypto world is not an easy way to have profits because of an online procedure and no controls. But then again when I know how to handle specially on Trading or in bounty program and that's the reason I started to earn.
Cryptocurrencies have not only changed my life but my mindset too. in this time of pandemic finding a job outside is really hard but bounties and a little trading help me make money, I'm sure if I don't know cryptocurrency then I will have a hard time making money in this pandemic. A lot of people rely on the crypto market to make a living during this pandemic, the best thing about the crypto market is that anyone can enter the trade with a very small amount of capital. |
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There are better ways to earn BNB than investing in such coins, most of them will depreciate more than the amount of BNB you get and you will experience losses.
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Relating this to cryptocurrency, if BTC who is the mother of Cryptocurrencies and who has gained extensive trust ceases to exist today, will altcoins flourish or will it make the people loose total interest in cryptocurrency.
Although bitcoin is the king of the crypto market, I think that even if btc disappears or ceases to function, the market will continue to grow. Maybe by that time another coin will take the place of btc in the market. |
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China has always been a country with a hostile attitude towards cryptocurrencies, it is not uncommon for them to make decisions against the market.
But I think no matter what decision China makes, the market will continue to grow.
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Participating in new projects can often bring you great profits, but it also comes with a lot of risks.
I myself often dump such projects as soon as I see the risk, because most such projects will become a pile of garbage.
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Both of them can be best based on your preference.
I agree, both of these coins are very good to invest in, each one has its own advantages. Maybe BNB will be a bit better because the price of BNB is quite low compared to ETH. |
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With the exception of Doge coin, all of the coins that are among the top 20 on the market are worthy of long-term holdings.
BTC, ETH, BNB, ADA, LTC are very good names and worth investing in.
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At the present time, USDT is probably more used by people than BUSD, USDT is a pretty reputable currency and it is available on most exchanges.
Because USDT is available on more exchanges I am currently using USDT , but in the future I will most likely try using BUSD.
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There are many reasons for BTC and altcoins to fall together, it is bad news from China, investors lose faith in elon musk.
Besides, there is another reason that the epidemic is being pushed back, people are returning to normal economic activities and a large amount of capital is withdrawn for investment.
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Some projects need to organize marketing programs, however they do not have much experience in organizing such programs. So they hire people who have experience in doing this and they are bounty managers.
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Not all altcoins are built on top of bitcoin, a lot of altcoins have their own distinct foundation and it's even better than Bitcoin.
Coins crash when bitcoin crashes simply because its price revolves around bitcoin.
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The cryptocurrency market is a place with huge price fluctuations, any coin can increase or decrease by tens of % every day.
It is best to choose a coin that is among the 20 largest coins on the market.
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Looks like he is actually going to accept dogecoin because i was actually doubting him before but he still made a tweet about two days ago asking how to make dogecoin operate better… I still prefer he makes his own token for his company which would actually make sense… lets just see how it goes
I think he is just trying to pump up the price of doge coin, everyone knows that if he wanted to accept doge coin he would have accepted it a long time ago. |
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Because the assets of this project are mostly in gold, the shares of many different companies, holding this currency is still risky.
If one day the gold or shares held by the USDT project lose value they may not be able to secure the USDT coin. If you are holding USDT please pay attention to this.
If the USDT market crashes it will be a huge blow to the crypto market. It is possible that the cryptocurrency market will not be able to crash but it will be affected and fall deeply. And this is entirely possible when the amount of cash that the USDT project holds cannot cover the entire amount of USDT they issue. |
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in my opinion, elon is a single investor, many speculate that elon is deliberately manipulating the market for personal gain, but there are also those who argue that elon is indeed interested in crypto, especially Dogecoin, but no one knows the truth, only elon himself knows, hopefully elon can bring positive things in the world of crypto
If Elon Musk really loved Doge Coin and Bitcoin, he would have accepted it as payment a long time ago. I think Elon Musk is just trying to manipulate the market from his tweets, but at the moment that doesn't work. |
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