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If you are day trading, you can use Fibonacci as a determination of support and resistance points, with this indicator you can determine whether you should sell or buy a coin. or you can sell when you just heard a rumor about bad news about bitcoin, crypto, stocks or a country's economy.
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staking on MDX in my opinion is very profitable, besides MDX has a Total Locked Value of 2,532,423,942.51 USDT, with an APY of 1,223.31%, has been audited by Certix, has many partnerships and the coin price is still undervalued, I think it can be considered for the next staking purpose.
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who would have thought that when Shiba was first tweeted by Elon and the price soared, my friend bought a shiba with a capital of $ 5000 and he got a big profit to be $ 24000. when I tried to follow in his step by buying a shiba, I got FOMO and lost money, I guess I was out of luck.
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I think now is a very good time to buy, because the average coin price is now very low compared to the ATH price before the bearish market, especially now the market is starting to look back slowly rising
Yes now is the time to buy with the rise in the price of currencies, the market will return to bull run it would be good to buy altcoin. They are cheaper than bitcoin so it is easier to hold on with a small amount of capital if the price goes up it will double. buying in resistance have high risk in my opinion , isn't it prefer to wait correction or pullback to see is this valid reversal and bullish confirm. everyone should be happy with current movement ,but should not trapped in fomo or we will getiing rekt for second chance. I think it's still in the bearish range, still waiting for the confirmation candle, my buying area is at 46k, if the price can exceed 46k I think the bullish trend is confirmed until the end of 2021. but if you are an investor and a strong holder, you can buy at any time, and sell with a high target as you wish. |
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I prefer you to invest both, good for long term investments for 10 years, many big companies have BTC in their assets, BTC has a value that will continue to grow from year to year, just like you buy a plot of land, whose value Will increase.
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I bet ETH will hit 6k or higher before end of this year! It will happened when bitcoin will start to move up. I believe 10k is an easy target for ETH. Just remember Bitcoin when it was 4k and suddenly after few months it reaches $19k.
Basically Bitcoin and Ethereum are not the same although Ethereum is a coin that is very actively following Bitcoin's movements in the market, but basically the two are not the same, and if for a price of $6K this year, it looks like it will be very difficult to achieve if Bitcoin does not get an increase in the market in terms of price. I totally agree with you that the price movement of etherium at the end of the year will follow the movement of the price of Bitcoin, in general the price movement of all Alts coins depends on the price of bitcoin, and it is possible that the price of Etherium at the end of the year will exceed its highest ATH. |
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I am very confident with TKO's fundamentals, apart from an exchange that already has a license in its country, TKO also plans to list it on the Indonesia Stock Exchange. this will make the TKO exchange the first to be successfully listed on the Indonesia Stock Exchange with a large community. But there are some things that the TKO development team needs to fix, when you are trading in heavy traffict buying and selling transactions, the TKO application will feel slow and you will always lose the moment, and even lose money, this must be fixed by the TKO development team.
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selling in a panic will cost you a lot, trading without a proper plan is a mistake, investing without analysis is a bad thing. i'm lost 83% from my capital, because I didn't have a good plan in investing, I bought Titan coin at the highest price and sold it out of panic.
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I have a suggestion for those of you who want to invest in the long term, keep buying and holding bitcoin, etherium and BNB for the long term, the three coins have a proven history that the price always goes up every 4 years. for the following years I think the trend will change, start looking at the NFT Game industry, maybe you will get a lot of benefits.
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History will repeat itself, every end of december prices go up and depending on how much venture capital adds to its holding amount. I hope Telsa doesn't sell its bitcoins later this year.
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Current market conditions are unstable, the continuous side way makes newbie investors and small investors bored with market conditions like this, but if we invest in coins that have good fundamentals, you just need to be patient waiting for the next cycle of the next bull session.
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It seems that all industries will explore NFC technology in the future, one of the successful industries in the NFT world is the gaming industry, and a lot of NFT games have sprung up with the p2e concept, besides playing game players can earn income.
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If you don't have experience in trading, you can start following farming yields, invest in new projects, or buy some NFT Game Card and play it for earning. like playing NFT games that are currently being discussed a lot.
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Everything you wrote is true, someone will lose a lot of money when investing based on FOMO or following from others, not based on their own analysis results. but by losing money in the crypto world is a great lesson, you can see and be more open minded about the crypto world and price movements.
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Bitcointalk username: Dedewahyu
Bitcointalk link:https://bitcointalk.org/index.php?action=profile;u=1074488;sa=summary
Rank: Full Member
Current Post count: 1322
Matic Address : 0x987dbb46cE510407cE78dD2599fc033cdb8A680b
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DOT, SOL, Cake, Bake, SRM, FTM, BNB. it is my favorite coin, which has very good fundamentals, in the next 2 years the price will always increase. what interests me is Phantom, I think phantom has the potential for a significant increase in price, after successfully cooperating with Afghanistan and the following is the first pilot program in Pakistan.
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BNB is currently experiencing a correction after a long bull run of several days, I think it is very reasonable to continue the price hike up to $ 1000. For BNB investment is the right solution, besides having good fundamentals, BNB always has interesting events that can push up the BNB price even higher.
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Ripple is the right choice for investing, don't forget to own stellar too. If you want to invest for a long time, I recommend that you have a BNB and a polka dot.
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BNB is here to be a solution for several coins that have very high transfer fees, and some coins already have more than 2 networks, including using the etherium network and the Binance Smart Chain network. I really believe the price of BNB will continue to increase from time to time.
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