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For the past week, the most trending topics in the cryptocurrency market are the launch of the Trump coin and the Melina coins both meme coins saw significant growth and popularity among crypto profits hunters and traders who caught on the wave to take some profits but are worth knowing that both coins have crashed back to more than half of their all-time high, currently, Trump coin is at.   With such a dump in price, many crypto analysts are pointing to the coin as a total scam while others still believe the coins will pump when the general crypto market starts picking up and investors will be in gain again. But we also have some early investors that closed and took profits at good prices and made a staggering profit below is a chat and screenshot of some of the lucky investors that made some good profits:  Screen shot from online, Trump coin profits.
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 At the moment Bitcoin is the major market determinate coin is in the red zone and most cryptocurrencies are all in red based on their current chart signifying more sell orders compared to buy orders, but as a market analyst, the current 24-hour prices of most coins are way below the ATH zone which gives your the room to speculate the higher market possibilities, so with that now stands the best buying position but note, apply caution so as not to allow your greed to take the better part of you, buy as much as you can lose but then know that the possibility of you losing is lower that possibility for you to profits from your trading positions.
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 With recently tightened regulations and crack down on Bitcoin miners and traders in China and other countries, a lot of cryptocurrency platforms head quarter are now relocating to the United States, with cited optimism of Trump pro-Bitcoin administration, and as we can see the president-elect made his administration will make America the Bitcoin country which means a lot of opportunities for businesses and favorable place for new crypto projects.
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Another big support and relief for Bitcoin and the entire cryptocurrency industry, as we all expect some positive regulations of the industry in his second term as US President Donard Trump retreated his administration's focus on Bitcoin and the entire cryptocurrency, set to eliminate all anti-Bitcoin regulations and replacement them with x Bitcoin oriented registration, this will set the path for future cryptocurrency developments in the United States. Video clip shared by cointelegraph on Facebook: https://www.facebook.com/share/v/1BE5GPrFgu/
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In the last one week ago, I never thought that Bitcoin would correct back to below $95,000 again in this year 2025, in fact I never expected to see Bitcoin touching the 90k-99k region again for the first half of the year 2024 because of the level of the market movement in the last one month Plus now, but this is Bitcoin market and anything can happen and here we are right now with Bitcoin battling to regain a 100k benchmark diving between $94400- 97k+ for the last 24 hours high and low.
The question is: Have we gone above all possible corrections and are ready for the next bull season? Do we expect more crashes in the market possibility of going below 90k before we call the corrections an end?
Let me know your input on this.
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One of the popular alternative sources of income for cryptocurrency enthusiasts and forum members is trading, trading requires skills and these skills come with a long time of practice which gives birth to mentorship in cryptocurrency trading, most of us believe and agree that having a mentor in trading increases your chances of success by 50%, but the problem is that most of us traders still lose heavily all because we refuse to follow the right trading path.
What do you do and what is your success recorded, do you follow your mentor's guidelines and advice?
Do you follow your instincts and if yes what are the results you got in terms of the profits ratio against the loss ratio?
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Please if there are any similar topics to this one let me know to get the thread locked ASAP! Time limit control To avoid your best Lucky day in gambling turning into a bad day of losses, Limit control can become your best tool to stay in your best position as a gambler, the fact that persistent gambling can push you into a negative position and end there with your worst feelings, but if you have the limit control let say a time set to guide your gambling session will help you stay in your best mood a bit.
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At the moment the price of Bitcoin have corrected back a bit, and price of Bitcoin is touched below $96k recorded last low is 69,800 which based on my speculation will be the 24 hour's low that we recorded before we take off for the week recovery and possible all time high, and for sure I can say this is the right time to buy Bitcoin because the low 96k+ at the moment could be the possible low price for the today, note this is based on personal observations.
What do you think:
Is this the time time to open new Bitcoin position and are we at the best discount price for Bitcoin?
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BTC price: Today bitcoin touched $70,500+ before correcting back to the current prices, and within this short period that lasted less than 3 hour's, so many bitcoin market speculators became so bullish with they specualtive analysis but their joy was short leaved when bitcoin suddenly slided below 69k and struggled to reclaim that 70k benchmark without any result as at now. Alot of bitcoin market speculators pointed to political atmosphere to be responsible for the current market reaction. But for us here we are at a level where our knowledge about bitcoin make us to reason differently that is why I brought this here to know what the opinion of forum members is on this market behaviours.
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The memecoins network have been filled with just hype, and the worst of it all is that, some cryptocurrency investors made the mistakes of taking this so called memecoins for long term investment instead of just short term speculations, this have effected their purchasing power greatly since all the capital that they could have used to diversify into other coins are being tied down to one memecoin or the other, this have been a very challenging outcome of event to them and there seems not to be an excape road on sight.
So the big question is, how are their copping with hype, that pushed them into investing heavily of this coins, are they still hopeful that the hype could turn out to be a form of market strategy that will increase the value of those tokens, or the have given up and accepting their faith that this time they have gambled away their resources on those memecoins?
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I don't know if this topic have been discussed over here before, if it has, please point my attention to it and I will have the thread deleted at once, but until then I just say I should bring up this discussion for those deravative trader's who risk higher with high leverage that is at least 10x and above, please avoid comments if your views is about how to trade with low leverage and warning of trading with small amount. Back to the point of view!
How do you think about having some extra reserved fund to protect your trading position when it near liquidation, because from what I have discovered on deravative trading position most especially when you rolling on high leverage and opening the position with large amount of USDT, but along the line because of sharp market drop in you position you forced to get liquidated there by incurring loses which is the reason why many think that trading is risky and full of loses.
So what about in other to prevent the above event from happening what about reserving extra funds aside from your trading capital to act as a protecting shild from liquidation, this way you protect your assets entry point and Capital from total liquidation.
Please Note this is not applicable to shit coins, but only on bitcoin because only bitcoin is what is stable enough that don't get dumped to Zero like some altcoins does.
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There have been a lot of noise all over the cryptocurrency space recently, and all is about telegram tap to earn airdrops, which is a new trend in the crypto bounty's space, and I have to come out to clear what I believe is the truth and as experience cryptocurrency lover I know exactly what I am saying.
Many airdrop hunters are disappointed at most of the recently launched coins that they participated in the airdrop program and a lot of them have shown their anxiety and frustration, all they say I that this coins scam them and that coin is a failure simply because the team refused to give them tons of coins to cash out free money, or because the price they expected the coin to get listed or pumped to have failed to come by this time.
Judging from this, we can say that the problem is not with the coin's, but the problem is with the airdrop participants, since greed have taken over them to the point that a team will give them $1000 or more rewards for doing nothing only by just tapping on their screen, or because the expected the team to pump the price of the coin on exchange just to favor their own desire, all this will not end well for the team and will not be achievable for them, so before you blame them first of all accept your mistake of building a mansion out of a mullhill and move on.
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I know many gamblers like myself have being burdering themselves with this vital question of the possibility to use cryptocurrency wallet, let say ab exchange wallet or a personal hot wallet as prove of fund's, because recently I have been stock in this step of source of funds verification on a number of casino that I intend to carry out my level 3 KYC verification where documents as source of funds are needed.
On few occasions when I get to this step on most fiat online casinos around my country, what I often used as source of funds could range from statement of account from banks.
My question is can we use crypto wallet with long history of transactions and possibly a sign message be used as source of funds requirements for online crypto casinos?
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I don't know if this have been discussed before, but this question was born out of the discussions that we hard today on one of the threads in the forum about, the risk of casino's losing money as a start up, what it means is that, most cryptocurrency casino that are New start up have been faced with the challenges of gambler's winning big amount even on the first day of their lunch, so for that we have to make out time to discuss this topics as for who lose more between the casino operator or the gamblers and how can you compare the risk of casino Dev and against the gambler himself?
Offcourse we are aware of the some features that could put the casino at advantage such as the house Edge, but even for that some gambler's are lucky win big despite the house edge that put the casino t advantage, so between the two who risk more.
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I saw a meme on Reddits today that got my attention a d I decided to share it here so that we can discuss on the current State of you memecoins portfolio value today, so the meme was a truck load o forks on a wagon heading to cross a dip, and at some point everyone on the wagon got turn over into the dit and they were all sinking. So I thought a d related this to the market lately, although the entire cryptocurrency market is on the red and even bitcoin have been struggling for the past week just to hold a spot on the above $60k price. Having in mind or the above, let reflect back on the impacts on memecoins, do you think the memecoin market are holding on to their bull streant or do you believe that the dip have suck them dipper as for the reality with your portfolio value currently.
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I have been keeping this to myself for a while now, but then it is time to let it out to the general public, and hope I get some help from this thread that can help me in building my knowledge and skills in Bitcoin technical aspects. Please mate's where and how can I get advance knowledge about and on Bitcoin technical aspects, I mind where it covers everything related to Bitcoin technicality at advance stage I look forward to get some help from my beloved forum members who have displayed a wide knowledge of Bitcoin technical aspects.
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The motive of this thread is for us to discuss what will be you stands if online casinos charges you fees on each game you play on them, same way excahges charges you on each trading position you open, and why should excahges charges fees and casinos not charging such fees, First of all the First objective of every business is to generate revenues, so at first I wasn't curious about this, but recently I began to wonder why the difference between excahges and casinos when both have similar features which are licensing and KYC. If exchanges take trading fee's their call it value added taxes which some part get remitted to the government. But online cryptocurrency casino's act in the same vain because both trading and Gambling are the same it all aim at either profits or lose, but while gambling plartforms let go of the fees, exchange charges us on each regardless wether we make profits or lose in the trading position.
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Alot have happened in the last two weeks and this have weaken alot of investors and twho may have not understood properly how the bitcoin market act at all time, and what have occurred in the market before now and how bitcoin managed to recover from such market dips, we saw that bitcoin dive down to around $52,000 in the last one week and that to me was a great opportunity to buy bitcoin at discounted prices for many who already understood the underlying condition with bitcoin and how possible it is for bitcoin to recover Also in the same diamention that it price drop also, current the price of bitcoin which is above what many speculators predicted for bitcoin in this week and the trend is still continuing. The Question now is: What is you bitcoin market price expectations for this month of August most especially in the first half of the month of August? Do you think that we will see a $70k BTC price or we likely going to see a decline in the price in the short term basis?
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Recently, there have been alot of discussions around bitcoin halving and what the expectations will be as regards to the value of bitcoin, and is no longer News that bitcoin reached the blockseize for halving cycle over the last 24 hours, and significantly speaking there have not been any sign of bitcoin price increase which is not expected anytime soon. Main purpose for this thread is to set the record straight for newbies Never get is twisted bitcoin halving is not an auto mode for bitcoin price increase and no one should expect anything out of the ordinary for bitcoin just because the network just recorded it new blockseize rewards, although bitcoin halving have always been speculated to birth new all time high, but it is not 100% certain that we must achieve such ATH each time there is a halving cycle, at least reading through history have proven that already. My advice Don't buy bitcoin because you assume that bitcoin price will skyrocket after bitcoin halving, that is a wrong mentality that could lead to depressing results if that failed to happen.
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Just for discussions and ways to educate or share knowledge with ourselves when and how to draw the line when gambling, because for some reasons, some gamblers have arrived at unstable realities because of the lack of stoppage time while gambling so let's talk. When do you stop? Some stop gambling immediately the record a big lose, while others continues when they lose with hope of recovering. Some other gamblers stop playing when the win they first few games, while other continue to chase the loses, and technically ww can tell in accuracy when this things happens, but when is the best time to stop gambling and take a break?
1-when you lose? 2- when you win?
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