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I want to be bullish and I hope the market will be bullish with a second leg too but I am wondering myself that how the market can maintain its bullish mode if the trading volume won't increase.
Issue in the last months since April is decreasing trading volume, not price of Bitcoin. Bitcoin broke out weeks ago and tried to touch $70,000 but trading volume is still lower than in March or April.
I know people mentioned about Supply shock because of many Bitcoin (and Ethereum) are moving off exchanges. They think it is the on-chain bullish signal. I think so too but I don't think it can not be manipulated.
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Worst experience from my side are
- Liquidation: I lost many Bitcoin and other cryptocurrency because of liquidation
- Invested too much in altcoins and believe they can go to the Moon.
- Shaked out my hands in bear market with good altcoins and saw them go to the Moon from 2020 to 2021
- Did not exit with shit altcoins in 2018 and 2019. Now most of them are dead and even can not recover in bull market.
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Yeah, it's unbelievably big now. A few days ago the total marketcap crossed $3 trillion. I remember how the market struggled to touch $1trillion in 2017 but couldn't get there before the ultimate crash that came.
Because the market in 2017 and 2020 to 2021 are different. In 2017, crypto has different project and each project has its own communities. Now since 2020, many projects were created and around it, we have real big ecosystems. Big projects nowadays are back-bones for other projects in its ecosystem. We have Polkadot, Solana, Fantom, Avalanche and more. I know a lot of people who are of the opinion that most alts are shitcoins but that hasn't stopped a few alts recording tremendous successes. Nothing exists in isolation. Bitcoin can't exist in isolation. It can't be Bitcoin alone. Come to think of it, a lot of alts (genuine projects) have netted some people a lot of profit more than they imagined on ROI.
Altcoins have many types and we can not say Shiba Inu is a good altcoin technically even it got a higher marketcap than Dogecoin |
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Interesting. I take a look at their marketplace and there are many sell offers with too many different prices. I did not play Axie Infinity so I wonder that in this game, do they provide a loan contract directly with Axie company or with other users? If I am not sure that I will play Axie for long, and can not believe in myself that I can play it well, I would like to loan 3 Axies to play and get experience. If I play good, I will buy real Axies for my farm. Any option like this in Axie? |
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It has been more than a year since their twitter account was suspended. Click here to see the post made by terciduk123 regarding the issue with GOLD twitter account, 1 year and 3 months ago. It seems that the twitter account will remain suspended forever. I think it would be better if the link to twitter account is removed from the website. It is bad and I don't think of any solid reasons why the account was suspended. Twitter and Facebook behave like dictators on social media. I think it is not difficult to create a new Twitter account but it seems the Gold team are tired of Twitter and they don't want to join the social media platform again. Thank you for your information that I missed somehow. |
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I got it also, 50 MLT just joined telegram. it could be more (100 MLT) if add a Twitter account and retweet the post.
Is it still opened to join today? I got a link from Telegram but it was expired or the link was moved to a new one. I guess the campaign already ended. If it is still opened, please help me because I want to join it. The project looks to be very great with more than $5.2M was secured in Seed phase and many big backers and partners. I read but not totally understand it. It seems the project is for Bitcoin and Lightning network only. Is it compatible with BSC or Avax? |
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I am shocked when I clicked on the Twitter icon on Gold website and saw the account was suspended. Honestly I did not know it because I don't usually visit the Twitter of gold project. How long did it happen? And why it was suspended? I usually visit the Telegram announcement channel of the project. The Twitter account https://twitter.com/gold_erc20 |
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Well, the Axie game is a bit expensive to begin with and you need to have an investment of atleast 1000$ in order to play the game. Previously we were able to grind 150 SLP per day, which was later reduced to 75 SLP. Right now there are some major changes in the game and many people are not able to earn SLP if they only play adventure mode.
$1000 to start a game is not a small budget. The reduction of reward can become of their reward pool has pressure to be drained out and the Axie team have to reduce reward rate for gamers. They must maintain a healthy tokenomics and keep the game ecosystem runs for long. If reward is too high, it won't be beneficial for late comers. Only early comers have benefit from the game's reward pool. You can recover your investment in 4 or 5 months if you are a good player. Also the price of SLP is always on a decline because of immense selling pressure from the game players.
4 or 5 months are long enough and if the bear market comes, I won't be able to have break-even after 5 months. It might be longer than that, 8 months or 1 year. Bear market will be terrible for altcoins and with SLP token that can be earned from game playing, sell pressure will be very big. |
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Are data provided by PooCoin more reliable than the ones provided by CMC?...I'm talking especially about market cap data, how PooCoin gets information about the capitalization of a coin?
Poocoin is place for people to check chart and price of tokens on Binance Smart Chain. If those tokens are not on any centralized exchange, and only listed on decentralized exchanges like PancakeSwap, Poocoin is good site for you to find such information. However, if no trading volume, the chart on Poocoin will degrades gradually. So to maintain the chart, tokens have to maintain their trading volume. |
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I have heard of Axie and know that the game is attractive too many people. Could you guys share with me that how much does it cost to begin with Axie Infinity game?
Additionally, how long will it take to retrieve the initial capital back? Axie is a big and safe game to play. It is not a rug pull game but it seems the ROI is not high and it requires months of playing and investing to get capital back.
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Your question is inaccurate. You always can get in and get out easily. It is advantage of crypto market that is opened 24/7 and your orders can be filled super quickly on big exchanges with good trading volume.
Issues are whether
- Your entry is good enough
- Your exit is good enough. Whether it brings you a draw, a small loss or a good profit.
How long will your position can be opened? If you want to invest in 1 month, but it takes more than 3 months to pump, and you exit around 1 month, you can end with a draw, small loss or serious loss. But if you can hold your position 3 months, you can get good profit.
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ETH does not have smooth journey. Did you do research and did you know that ETH has a DAO Hack? It takes lot of time for Ethereum to recover from that DAO hack. Understanding the DAO attackA history of DAO hackBNB has smoother journey but it is not rosy roadway, Binance and BNB have spent significant effort and time to achieve what they have now. |
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You can earn NFT from gaming, Play to Earn games.
You can sell those NFTs on markets in games or you can send your NFTs to others. If you send your NFTs directly to buyers, you won't be charged fee by market in games but if you do something inaccurate, you will lose your NFTs.
If you are not sure how to send your NFTs, market in games are best options. It is like Escrow service and you are safe from scammers and your own mistakes.
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DOGE will stay but SHIB will not... or maybe it will.
The DOGE community is the reason why it is still here right now even after how many years. SHIB community is just here for more than a year and we don't know if it will do the same with DOGE or not.
I think they will both stay there, dead or alive but I also believe they will both survive. Because no doubt that Dogecoin will stay there after many years in history, it still survives so it will in years to come. Shiba is accepted on a few gambling sites and I think it is another step to help it survives and stay there. TBH, I don't like investing in meme coins so investing in both of these coins are no-no for me. This is a very risky investment that if you want to risk hoping that you will earn profit then just put only a small amount. SHIB is full of hype and it will be full of hype until it has a use case. With regards to both of them not existing after 10 years, SHIB might not but DOGE will.
It's my agreement. Shiba is not investment in my perspective. You can trade it if you are professional and can strictly to follow your plans: take profit or cut loss. If you are emotional trader, it's not for you. It is never good for investment as it is very risky. For those that want to invest into SHIB, good luck to you and hope you will not get burned  . Many of them will get burned and I don't recommend to buy dips with Shiba. If it rose in surprise, it can dive in surprise as well. |
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Even if he's joking his theory has some validation if you look at the price action of bitcoin since 2009.
Bitcoin always broke its resistance and it happened again last week When months old resistance was broken.
I'm certain bitcoin will reach 100,000$+ in the next 2 years and could go over 500,000$ in the next 10-15 years.
Must or not Musk, Bitcoin will have reasons to support its bull run. Do you think the effect from Elon Musk is bigger than ETF approvals this year? Personally, Musk is the past and ETF approvals are current motivations for Bitcoin. Musk still has his effect on the market but in this period, it is time for ETF news. News from Musk only can support ETF news and combine to bring Bitcoin to $100k. Musk and Tesla are only parts of institutional investors, there are more on the market. https://bitcointreasuries.net/ |
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Shiba Inu is a hype and do you feel safe if you invest in Shiba now?
If you are greedy now because you read news that people got millions of dollar from a few hundreds of dollar they invested in Shiba last year. You are trapped. How many of 2020 investors hold their Shiba till today?
Forget about their story and articles you read. You get profit or loss from your investment and Shiba is very risky at the moment. It can rise more but the risk that it can be dumped is high enough to be careful.
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Shib to 1$ or 1 sat soon?
Maybe yes, maybe no. Shiba was able to break the new record but it doesn't mean if this pump will be last long. I have seen so many shib holders are crazy predicting about shiba will worth $1 as fast as possible. It seems like doge was trying to do the flipping to the shiba inu again as doge was getting a big pump after the whales were pumping shiba inu. The real competition between shiba inu and doge coin has already started. I'm feeling curious to see which from both will become the real meme token but as per the announcement that was already created if shiba was not a meme token again but that's a defi coin due to the launch of shiba swap. I kinda feel doubt if shiba will be reached $1. That must be a non sense marketcap for shiba inu even if so many tokens already burned but it will be worth multi trillion of marketcap.  Shiba to $1, it means that coin will be the giant in crypto. So no, it won't happen. Months ago, there was shilling attempt for Dogecoin but it failed to touch $1. Do you think Shiba Inu is too young meme token and it is unrealistic to think Shiba will beat Dogecoin to be the biggest meme coin? Shiba is bigger than Dogecoin now but will it be able to maintain its marketcap and position? Fast comes fast goes. Shiba will fall fastly as same as how it rose. |
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The market just crashes 1 hour ago. It is a good example you can take into consideration and answer the question by yourself. Whether you should trade with leverage. What leverage to use. How much the capital for leverage trading is in your total capital. Cross or isolated collateral margin trading.
If today, you got a margin call in the last 1 hour, the answer is You should stop trading with leverage. If you are lucky and were not liquidated today, you will be liquidated in the future if you won't improve your trading skills.
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also, the exchange is not responsible for each coin or token that will be listed on them. they won't know if the team will rug pull or not.
They do their research before they list new coins or tokens and the top exchanges will be more careful with their investigation. However, we as investors or traders can not rely on them. Exchanges have risk with hack and their investigations can be inaccurate. Nothing is perfect with anybody or any exchange. as a trader, you should be the one checking up on the coin, not the exchange.
Not only checking up process but also don't store your coins on exchanges for longer than what you need. https://notyourkeys.org/this should be done for all exchange anyway. so once you finished your trading, get your funds out.
Exactly. Smart money flows like that, they only deposit to exchanges when they need to take profit. If they buy coins but price is not good to take profit, they move their coins out. We see it with exchange inflow and outflow and big outflow consistently is one of good indicator of something good in eyes of investors. |
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When Bitcon turns bearish, the crypto market will turn bearish. The priority in bear market is protect our capital. If it is a real bear market, you must wait too long to join because if you join early and you are not smart and fast to enjoy dead cat bounces, you will see your capital vanishes with bear market.
If history won't change, a bear market will need two years to stabilize and get its bottom range. So if 2022 is a star of a new bear market, we can wait till 2023, perhaps late months of 2023 to enter the market. We might see the market warms up since late 2023 so we can take risk by joining since middle or late of 2023.
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