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I want to add some of the ways to scam newbie money on Twitter and Telegram. Currently, there are still quite a few trading pool funds opened without clear information about the team, but they promise to pay 1% (or more) daily interest. They often release images with big win orders and lots of money, which increases the trust of newbies and after they send money they will run away.
So I just want to remind newbies that never trust anyone on this Crypto market, Of course, money will never come to us so easily.
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Bearish trend or correction is very unpredictable at the moment, because the crowd keeps fomo about Bitcoin, so there is such a strong sell-off. Hopefully the curse of the year-end days won't come. Based on Bitcoin chart data for the years 2018 and 2019, the end of the year is often accompanied by sharp drops and even downtrends. By the way, I'm still pretty optimistic about Bitcoin's future price as inflation is slowly pulling in fiat money faster than expected  |
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All of this will be done if governments find a way to control people's transactions. This is the main problem that prevents Crypto from being publicly used in the world, since transaction anonymity does not inherently belong to the world of centralized finance. So it can take a long time to see the cryptocurrency revolution. But anyway, the banks are showing their helplessness and weakness in this pandemic, which could be an opportunity for Cryptocurrency to prove its potential and start the revolution.  |
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Bitcoin has two major advantages:
1. Privacy, in a way we can save our bitcoin unknown to theives if all creteria for safety is considered and applied.
2. Appreciative money or asset that is not at all in any form vulnerable to central authority manipulations, and completely decentralized.
Some organizations are offering this type of service now in which you can be able to save usually 10% or more of your earnings into the retirement account, some other cryptocurrencies are also offered like ether, litecoin and bitcoin cash. I believe this type of bitcoin investment plan lacks privacy, but I think it is cool as the fiat paid lacks privacy already but the main advantage is that bitcoin being a deflationary currency will be best for this kind of account unlike fiats that will still appreciate over long time period, bitcoin will only appreciate (increase in price over a long time period.
What do you people think about bitcoin retirement accounts? I think it is cool and can also increase bitcoin adoption.
This is really a very good strategy to help retirees have a safe life without fear of inflation in their savings. An excellent plan to secure employee assets and facilitate Bitcoin to grow stronger in the coming years. Retirement funds usually hold a lot of money, so if this plan is approved by the government, the price of Bitcoin will soon reach $ 100k in the near future. Bitcoin is actually showing its value, while fiat money is useless because banks run bad policies. |
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So is the cryptocurrency is poor men the lower class wall street? But I like that Nope, Crypto even has a lot of whales. That is why manipulation occurs. Previously, the Crypto market was full of rich people because thanks to their capital, the new Crypto market can be as big as it is now. If the Crypto market only consisted of the poor, Bitcoin would not Hype as it is now. In any financial market, there will be the rich and the poor, and it is not positioned by any class. |
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This is crazy! It seems that Bitcoin is actually showing its credibility and inflation reduction function. In addition, we have seen since the Bitcoin buying / selling service took place in Paypal, there have been a lot of traders involved in using the service and even blocking transactions when the demand for trade is too high.
By the end of 2020 this will be a great year for Bitcoin, I think it will soon break the ATH peak and climb above the $ 25k price point this year. Do you think Bitcoin can do that? If yes, kindly give me the reason , i really appreciate that.
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Apparently the president and their team are going to negotiate this 500$ billion to make sure that the public get as much money as they can afford. Okay , this seems very good , but is spoon feeding the public for this long okay ?? If their budget is "x" let us assume, why don't they distribute "x/2" and use this "x/2" to start new job opportunities for them , they can even help the people to come in terms with the pandemic. Most of these are going to the people who doesn't even need them, what about that  source In fact, most of the money the government spends is to aid financial markets instead of saving poor people. Because they believe that, if they provide money to those who hold power, they will help the entire population get a job and will not fall into starvation. And that's right, banks are also working very hard to save people who are starving and don't have jobs. They have arranged and arranged a lot of new jobs for people and up to now the amount of 2000 billion dollars in the past is also seen as a positive effect. |
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Wow, this was the first time I got to know TAP. Just checking the website, I could not find any information about the team, and also did not know much about the investment funds behind it. It seems that all information about the project is very vague, so how can I trust TAP? Meanwhile, I can use Paypal, OTC in Binance and I'm sure my assets will be safe. So what will TAP guarantee for traders there? What will they take to give us confidence? Very appreciated if you let me know more TAP, But sorry because I am so important about credibility in the Crypto market. |
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From my experience i will suggest everyone to choose spot trading because spot trading has less risk than other trading option. Though trading is always risky just you have to understand all trading algorithm, strategies, technical analysis. You have to research about a project before investing money. After your research if you think that this project has a chance to grow up then just buy then wait some time for the price up and when the price is up then sell it. Everything you have to do manually that is why this is called spot trading don't need to set sny leverage also so don't have any liquidation tension.
My first choice platform for spot trading is Binance exchange. This is no. 1 exchange in crypto world. Low trading fees, lowest withdraw fees plus most secured and 100% trusted and also comes many trading competition.
Aside from Binance, I want to spread the word to you and everyone else about other Chinese big exchanges that are also good for making a profit. That is MXC exchange, Huobi Global. These are the 2 exchanges I've been trading with for a long time, especially I made a lot of money on buying tokens while listing. The token pump rate on listing on MXC and Huobi is more than 85%, making it difficult for us to lose money. Especially, this strategy is also very suitable for newbies.  |
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For this particular index, greed level of 86 is categorized as extreme but it's not extreme in the context of a statistical distribution.
Historically crypto markets have rallied for months and months while this index consistently remained above 90, so we can say values above 95 here would be more statistically significant to look for imminent reversals...
But I think it's just a correction, not a reversal. In my opinion, politics as well as major countries in the world are very chaotic, that will reduce the value of Fiat money, then the demand for Bitcoin will be even more. Maybe this year the Halving event will make the price of Bitcoin pump stronger than before, let's wait for the results. I predict Bitcoin's price this year will soon reach $ 26k. |
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The next pump for altcoin will be even bigger than 2017's pump. Bitcoin was getting a very big pump caused by it has a very strong fundamental started from bitcoin being used by a lot of big name as investment. This is definitely affecting the bitcoin.
Altcoin could have a very big pump in the future. I believe if it will be more than what it was before. The golden time for altcoin will come. The defi trend is not so strong as it was before.
It's better to buy the promising coins that have fully working product.
I don't think this is a good time for the top altcoins. Bitcoin's price increase is due to its halving and it is the only asset that can reduce inflation if more people buy and hold it like gold. For that reason, the world's major financial institutions like Grayscale and MicroStrategy already have a long-term hold strategy with tens of thousands of Bitcoins. But be aware that the cash flow is only flowing strongly into Bitcoin, altcoins are only slightly up and even altcoins bleed. This is not a positive sign that the value of the top altcoins will fly high in the coming months |
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Yes and this is the result of Trend Defi getting too hot. Uniswap is the Dex with the most money in this period, they are willing to airdrop more than tens of millions of dollars for wallets with transactions on Uniswap before September 1 This has shown how much money they are making this Defi season. Speculators, in particular, make a lot of money in Uniswap. Personally, this year 2020 is truly a boom year for the Crypto market with lots of new money being poured into the market. This bull run will last until next year and we don't need to be afraid of whale manipulation. |
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Monero is a Privacy coin, founded in 2014 and some people call it " Improved version of Bitcoin" its price didn't see much action till 2017 but in mid 2017 t0 2018 its price went up from $12 to @494 when it got popularity as privacy coin. The current price of Monero is around $120 which is the highest of 2020. Keeping in view the Technological developments it has gone through and Hype in crypto market, it is possible that Monero will break its ATH record.
Currently the price of XMR is at $ 120 and it still has a long way to go to break ATH. We can only wait a day and Privacy coin is useful in a new trend, then we hope that the price of XMR returns to the top of ATH. All pump or dump in this Crypto market depends mostly on news and trends. Without the above, it would be difficult for an altcoin to have a historic pump. Also, at the moment, I haven't seen people mention Privacy coin anymore, maybe it's hibernated. |
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I am aware some of you might not agree with my view but I strongly feel that the value of altcoins are correlated to the value of bitcoin and we have seen this in the past as value of altcoin trends according to the momentum of bitcoin, but now the real question would be "why the value of altcoins are still trailing behind wherein bitcoin has increased by leaps". All we need is a bit of patience as crypto will not go as per our expectation as it's not scripted and many might have noticed that the value of ETH was all-time high when the value of bitcoin started to dump after the 2017 bull run.
What's your opinion guys?
hmmm .. the correlation here is moving in the same direction, it is not certain that altcoins will go as high as Bitcoin. Depending on the market situation and the news influencing at that time. Previously, the price of Bitcoin increased 2% and altcoins would increase 4-5%, but now because Bitcoin is an asset worth holding during the period of fiat inflation, its price has skyrocketed. In essence, the problem here is still Supply and Demand, nothing more superior. |
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When I have a profit of more than 20%, I will close about half of my portfolio, then I will hold and set stop loss to prevent pump and dump shit from the whales. In order to keep our portfolio safe, I think we need to have a clear strategy to trade XRP during this period. I sold 25% of the amount of XRP at the price of $ 0.38 and 25% at the price of $ 0.41. It turns out I made a profit and accepted to hold 50% of my remaining XRP and wait for it to increase to $ 0.6 to sell. This is a fairly safe strategy that I have adopted in most of the altcoins, you guys can refer to. |
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Canada is seemingly opposed to using Crypto in their own country. The Government of Canada allows Crypto to operate in their own country but they have high taxes To me , this action also makes sense that the Canadian government does not want their country to have more money laundering crimes. It was also a political decision and I support it. |
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We cannot argue about the ERC-20 platform anymore, it is a great ground for Dapps to thrive as best they can. Hence, the massive Ethereum 2.0 update will cause the price of ETH to explode. Although the price of ETH is quite high, buying and holding from now on will still be profitable in Q1 next year. So this is a good time to all in ETH and wait for interest next year. |
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a huge number of altcoins neglect to arrive at the purpose of accomplishment, even the tokens that you hold right up 'til today are progressively useless.
Investing just in the best 10 coins marketcap as I would see it is good for the future, particularly bitcoin (in light of the fact that this is the principle). Invest shrewdly and begin trading in the event that you have seen cautiously.
I don't trade ordinary due to loses, at some point the market is simply terrible and vacillates a ton however I like trading when bitcoin is bullish, most occasions I generally win
Yes, when a bull runs, it is easy to win when trading spot, but not always the top coins are growing with Bitcoin. As Bitcoin surged from 13k $ to over 18k $ caused the top altcoins and tokens to be sold off strongly, and so for safety we should only trade Bitcoin or hold Bitcoin. In addition, altcoins also need to have news to fly high, do not be too subjective when holding top altcoins as it can all drop 50% when the bad market returns. |
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I was looking at trying out value investing and deposited a small amount on two exchanges to test it. My issue was I did this straight after the crash (when I was bored during lockdown) so my total gain atm from these - tiny $100 buys - currently stands at a higher return than expected (no leverage, just pure stock value) ...
I'm now thinking I've picked a bad time to do this (especially since the companies I invested in had solid returns and were at least 80 years old). But now I'm wondering if there's a way to salvage comparison statistics against how similar stocks should've performed - ie should I look at average gains from a pool of other potentially undervalued stocks I thought were too risky?
This should absolutely be done. When you have the gift of making money in any market or environment, you also need to upgrade and choose the most suitable investment. In the stock market there are also many undervalued stocks, like Google was criticized by Yahoo and did not invest in the startup stage So I support you to continue to explore and be more adventurous in the stock market, you can get rich after years of hold, unlike the junk altcoins that are always dumped here. |
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Yes and Ray Dalio was wrong. Previously I had the same opinion as him, I thought that governments wouldn't accept Bitcoin because it would make the Mafia organization stronger. I just did not expect that the major countries of the world were more important economically than politics, they were materialists and thus allowed Bitcoin to be legally traded in their own countries. So, I was wrong to be too subjective in the credibility of government |
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