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We are just panicking for nothing, when it comes to BTC no one loses anything until they sold, hold and hold and keep holding, the only result you will get is a lower and higher price with time, all those who hold BTC at ATH of 69k will still look like the most lucky in four years time trust me.
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Phones can get lost or stolen, Firmware OTA updates can ruin your phone and you will be forced to reinstall OS again, the solution is writing passwords down in a book, either for BTT, exchanges or emails, this is the smartest move.
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Asic wins this battle, any time any day, profit is higher and the hassle of managing the miner is lesser compare to a mining rig with 6-8 graphic cards, Aisc is plug and play, they work nonstop but I have to check my gpu rig from time to time, some times 6 gpu rig will reboot itself and only 5 gpu will keep working.
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I have no idea about this consumer index that you've just mentioned. But the one thing we're sure to see is that, whenever bitcoin goes on a bull run. Then, most altcoins are also going to be the same just as bitcoin is. Because that's the cycle and pattern that we always get to see and we knew it from the beginning when bitcoin goes up, everything is has the chance to go up too.
Ignore how CPI will affect the market, but the altcoins market only increases when bitcoin rises in price. It is difficult to see altcoins grow while bitcoin falls. I have never seen the market work like that before. Yep, you are right 100%, this was how I was able to turn 1000$ into 28,000$ months ago, all thanks to small cap projects and of cos the FOMO, high risk but worthy rewards, right now we shouldn't get confused about that bull is back, if BTC made it up 25k I will start taking profit, it seems this bear market isn't done yet.
Is it true?, it's really hard to find a hidden gem in a bear market. I'm very curious to know the project that you guys invest in this bear season, x28 is a huge profit. Can you share about that project? Hidden gems are found in bear markets, that's the way its been all past bear and bull market, almost every coins that goes down 98% in 2020 skyrocketed in 2021-2022, do the math yourself, some people are so lucky to buy Ethereum for 114$ in march 2020, yes I bought 14 Ethereum at this price. This cost me 1550$ at the time and at 3900$ I started selling
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Only useless ideas go to waste, BItCoin and crypto in general are eye open tech of the future, it's never going to go to waste and those saying nonsense about crypto are set off people that never grows, they are too addicted to the way of the old and they are not open to new ideas at all.
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I had a bad experience when building my first crypto mining rig, I cheaper out on PSU because it can power up to 12 graphic cards and since in planned to use a low to medium range of cards I just went ahead and made the purchase, this PSU killed on of the cards on that very same day I received the PSU, bad wiring from the factory was revealed to me when I opened the PSU apart, I will never forget.
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Is 1$ investment in crypto every day enough? I'm making up to 10$ per day and I don't want something that will tie me down financially since I have other things I'm using the money for aka responsibilities so all I can afford is 1$ per day, also is BTC the best option with this 1$ per day?
How do you implement what you have planned? Every day you buy BTC for the amount of 1$? This is almost impossible to implement because no one will sell such a small amount. The option, with saving 1$ with a subsequent purchase, for example, once a month already looks better. Here the question arises, where to store these savings in BTC. If you send it to your wallet every time, it turns out to be expensive, taking into account transaction fees. If you store it on the exchange, then it is also a bad option, but sooner or later you will have to withdraw your funds from here and the commission for withdrawal is even higher. You are right but I plan to do the buying at every 10$ so I safe the daily 1$ everyday till 10$ is up and I do the buying on exvhnage, I have already started this journey and I have increased my investment to 2$ per day on BTC and so far so good, while BTC was at 17k weeks ago I use 100$ to purchase some and I am in profit now, thanks for the advice.
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No one knows, the best way to handle this site is to keep buying your favourite coins at dips, don't buy all at once because better opportunities might come through further crashes, in a near market Fiat is always the most useful tool anyone can use.
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I think we will see a lot more capitulation than late 2018 if/when ETH goes to PoS. At least in 2018, it was a lot slower. But PoS will be like the revenue dropping by 95% overnight. It will be so bad that even miners with 3 cent power will be unprofitable. That's when the real selloff would start. I wouldn't be surprised if RTX 3090's will cost just $500!
No matter how much truth you tell them, they will never learn unless they go through the process, 3090's could go for even less than 500 usd, very few people mine at loss, most will sell and will not have demand to keep gpus at msrp, bear market is the opposite of bull market, in bull market, coin is king, in bear market, fiat is king and will take time for things get back to normal again, this is still pre bear market because manipulators want to trap more people yet close to top. The way you think is out of this world and yea you are always on point, I am glad I knew what I was heading for when I built my mining rigs, I don't have any intention of selling even if a 60MH turn 0.2$, what I lost is dollar value and I will keep mining and holding till another bull season gets here, my 100$ after few months of mining can turn 2000$ again.
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Now is not a good time to buy these altcoins, the opportunity to buy them will come as many traders and investors think that BTC can't go down to 15,000$ again but to me it looks possible, Apecoin is a good buy and Kadena I don't want to buy the others too quick, like Flux and Near Protocol, good luck.
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Before you decide to go away from crypto space simply because we are in a bear market I want you to know that some amazing stuffs was built in the last bear market, our so called Ethereum killers
1. Hedera 2. Solana. 3. Algorand. 4. Avalanche.
These projects came in the bear market, if you walk away now till next btc halving you will be missing a lot of future opportunities.
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Keep using the GTX 1050Ti till you get some miners and I like the idea of buying the miners in August and that's even if graphic cards loses more value, use the below calculator to find the most profitable pool for your gpu but 1050 ti is too low end. Be expecting 0.30$ to 0.50$ https://minerstat.com/hardware/nvidia-gtx-1050ti
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Believe me, once Ethereum is no more a PoW blockchain the word ' Decentralized ' is gone for good, in this case a new coin taking over Ethereum is possible, the only reason why whales will want Ethereum will be staking profits, nothing more or less.
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Luna is a messed up project, newbies need to stop talking about the project and find the better ones, what about Saito, Metahero, Immutable X, and few other web 3 / 2nd layer blockchain projects? I believe that's what will matter in near future.
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If Bitcoin is really a new miner's target you don't have to buy special equipment to mine BTC, there is another way around all this, buy a graphic card, from 400$ to 1500$ you can get yourself a good Graphic card or more if you can but my point here is you dont have to spend thousands of dollars on BTC miners aka Asic miners, get GPU and use Nicehash pool, get paid in BTC every 4 hours.
Done are the days where you can profitably mine bitcoin using a graphics card. Today, you're just going to lose a crap ton of money (unless you have free electricity or something). Either you go with ASICS, or go mine something else and just exchange the mined coins into BTC. @mk4 you don't read my comment very well, I asked OP to buy graphic cards and mine on Nicehash because this platform pays out in BTC, it's just like mining Ethereum and exchange to BTC every 24hours, I make 15$ per day mining Ethereum and I swap it to BTC.
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If Bitcoin is really a new miner's target you don't have to buy special equipment to mine BTC, there is another way around all this, buy a graphic card, from 400$ to 1500$ you can get yourself a good Graphic card or more if you can but my point here is you dont have to spend thousands of dollars on BTC miners aka Asic miners, get GPU and use Nicehash pool, get paid in BTC every 4 hours.
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I heard that in 2018 bear market tons of altcoins vanished into thin air and many loses volume and liquidity which turn to dead project later, I am guessing the same thing will happen this time too, if you are planning to invest in crypto right now you are doing it wrongly, hold your horses and wait for some time, see how many altcoisn will be left behind in a bloody market and start making your choices.
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No more explanation needed, this is a good example of scam projects that use same idea to wake up the greed in humans, you make those money daily till you reach a payment threshold and the next thing is to ask investors to send money for the account to released, including the fund 🤦♀️.
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