there is nothing to be afraid of for the mid-term and long-term, because the price of Bitcoin if you draw the support line to resistance it always rises high, yes even though there is a long bearish cycle, Bitcoin investment is still very feasible, just how do we buy it, is it cheap? or expensive
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I strongly believe Doge will be a sustainable incremental coin, with the help of Tesla. And I believe in the management of Elon Musk, the number 1 billionaire in the world. Do you guys agree with me that Doge is the world's largest community-owned coin. And the US and EU communities are very fond of Doge
yes I agree with your thinking, because Doge might be Doge Musk haha, we already know Elon musk has a lot of followers and he is the richest man in the world, of course with this figure, Doge becomes an extraordinary thing in the world of crypto currency , many people are just now getting to know Doge, and there are rumors that Doge could replace Bitcoin, what do you think?
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I am angry rn I knew I should execute all my crypto yesterday when China anounced ban. Now all my crypto 30% down. and it will take 3 years to recover.
too bad you follow panic sell? If you follow that you can be frustrated mate, my advice if there is a dump again, don't panic, analyze it first so you don't experience big losses, my strategy when the dump occurs is CUT LOSE, not panic sell, and buy back when in the support zone
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My first NFT was https://dego.finance , I collected a lot of Dego NFTs from Bronze to Diamond for mining or resale and at that time the gas price for claims was quite expensive yes, it's also the first NFT asset I own. This is a reminder of how NFT Dego was hunted by many investors and miners. As I know, Dego is one of the successful NFT projects in building their community and market. Same as me, the first NFT is in Dego, because there I got a free NFT from their airdrop, yes I received quite a large gift, until now I haven't even bought 1 NFT, reportedly Binance will also open the NFTs market, I think I'll give it a try. if it's already opened.
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We all can certainly live without bitcoin. I was even born before the arrival of Bitcoin and recently got introduced into the industry. Bitcoin may not be a life sustaining asset, but it's certainly an economic advantage for those who are willing to hold for long term. I can only imagine if I had gotten some bitcoin 10 years ago, I probably would be the richest person in my neighbourhood.
10 years ago Bitcoin was only at the price of $ 1, haha it is amazing the development of the Bitcoin price so far, and it seems that this year is indeed a very extraordinary year for cryptocurrencies, to the point that many people say that they depend on Bitcoin, huh all jobs are now on the internet, just imagine without the internet we will definitely feel difficult, its not about live without BTC but im sure we cant
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If BTC keep going down we can't see another alts to go up.
But since yesterday market has been recover and i think in the end of this week the price of btc can go back into $40k.
So don't forget to load your bag.
Bitcoin price has indeed recovered to $ 40k, but for altcoins not all of them have performed well, yes even though we see a green market now, but for altcoin holders it doesn't make any difference, because the highest price has not yet been reached, somehow this story continues. later, reportedly on the 28th we must be prepared if bad conditions occur
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maybe NO, because many people have a strong determination to hold gold, my analysis shows that those who buy Bitcoin and cryptocurrency are young people, and some adults, hmm maybe they buy it by looking for loans or selling their goods such as cars , for gold I'm sure many people still keep it.
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XRP, of course did great job, at first they made a fuss about themselves because of the courts with the SEC and because of this, the XRP price fell very sharply to incredible lows and then after a while XRP developers wrote that everything is fine and the courts ended and XRP price began to rise to new probable heights and of course it is clear that XRP developers made very good money on this, and of course manipulators too, but the most important thing is that ordinary people made also money on it, but unfortunately not everyone made money on this huge XRP pump.
before dump, XRP had a chance to PUMP from $ 0.4 to $ 1.8, yes, it's almost close to $ 2, but look at what position is XRP now? haha, he dropped 4 points from the third position to the 7th position, of course they lost more market cap than before, it's a shame that this can happen in big projects like XRP, hopefully there's more good news
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according to the chart Ethereum has a chance to return to the highest price of $ 4000 more, provided that Bitcoin sideways at $ 35k- $ 40k, if the bitcoin dump price is below $ 30k it will be very difficult to conclude the future price of ETH, definitely don't buy ALL in , and don't hold for too long, adjust to chart analysis and buy at low prices.
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why unexpected? many traders who want to buy bitcoin at $ 25k of course that will not happen, follow the game of whales, and you will make it through this bear trap, we know China is always the beginning of the collapse of the Bitcoin price, but it has been proven by bitcoin that they are will not be affected that deeply
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So I am a newbie and I always had this question in my mind why all altcoins are backed with BTC because at times like these altcoins are the most affected one there are some really great altcoins out there but due to this correction we can see a massive drop in those coins and I don't think it is fair to other coins that because of only one single coin they also see a massive drop.
I am saying again I am just a newbie who is trying to understand these market.
Thank you
The first crypto currency is Bitcoin, and Bitcoin is the parent of all coins in this virtual world, look at the marketcap of Bitcoin on coinmarketcap, there are already more than 700 billion in the market, yes and this is the reason why coins are based on Bitcoin , without Bitcoin altcoin there is no meaning mate.
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it has been proven that when the Bitcoin price fell to $ 30k no institutions sold their Bitcoin, maybe it was panic selling and FUD that made a lot of Bitcoin sales a few days ago, I was surprised even though the institution was still holding Bitcoin why was everyone panicking? haha, look at the bounce price from $ 30k to $ 37k, and there are indications the Bitcoin price could be over $ 40k again
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What are your thoughts? Is Binance too big to fail? If not, why? Do you think Binance has too much power/influence over the crypto/Blockchain industry? How will it affect crypto (either positively or negatively) in the long term? Your input will be greatly appreciated. Thanks in advance. There is nothing big if it is destined to fail. But for now, let us enjoy the discounts brought about by the current dump in the market. I believe that this dump will come to an end soon and a new light will be seen on both Bitcoin and altcoin markets. The whales have to accumulate in order to profit more and eventually to pump before they can sell again. Is it because the price of BNB fell more than 70% from new ath and you gave a bad opinion? All the altcoins are currently experiencing deep decline, not only BNB, I know how you feel if you buy in the $ 600 area ?, yes, at that time CZ said that that's the DIP area, but look now the price has dropped again and CZ can't say, hmm, the project is still going on of course they're not a scammer
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Most people would like to discuss Dogecoin because it has a high possibility to hit $1 soon. But will cardano has a chance to hit $3?
oh of course Cardano still has a chance to go up to $ 3 !, look at the ADA price on Binance now reaching the new ATH! this is an amazing result for cardano this year, the target should be at $ 2, if it can reach and break $ 2 then $ 3 in the future is very likely to happen, we know the full magic cryptocurrency, Doge, Ethereum and Ethereum classic are really very amazing in this altcoins season.
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for XRP $ 5 is something easy, especially since the XRP community is the same as the DOGE community, yes these two coins have something in common in the strong community, and you can see the effect of that Doge's price can easily reach 10x this year, and it is likely that XRP will also follow DOGE.
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it seems that many people are accumulating altcoins, even whales are also switching to altcoins, it is very clear from the rise of Ethereum reaching new ath and Doge reaching new ath, the sign is that BTC's dominance is decreasing and it has an impact on altcoins, my advice is to avoid coins that have gone up high like Doge and ETH, buy cheap coins like ADA or TRX.
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It’s the best financial advice, covid is the marketing keyword to remind you, if you don’t spend every last penny in the wallet, you can never have a chance to spend that again. Spend until you drop you plebs!
When a situation like this hits the world, all financial aspects are affected by Covid, and you say that we have to spend money in our wallets? hmm, that's a stupid act I've heard, at times like this we have to really manage finances properly, if you still have income one of the right ways is to invest not to be spent mate.
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At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year. This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?
I don't know, whether Bitcoin can reach $ 100k in the end of Q2 or not, currently bitcoin still looks bullish but in TA Bitcoin prices are experiencing sideways and it's hard to determine whether Bitcoin will Pump or Dump, yes if you still hold Bitcoin it should be. do not leave it and always monitor market conditions.
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How would you define what is to be "rich"? Is it about having enough for living or is there something else that you would be looking to accomplish to be rich? Is it 1 million USD? Is it 1000 bitcoin? what are your thoughts?
In general, the meaning of being rich is having a lot of money, whether you have 1000 bitcoins or 100 bitcoins it has made you rich, but there are also levels of rich, you know elon musk? yes elon musk is the number one richest person in the world, and look at the influence in the crypto world !, just making tweets of the crypto currency has increased, haha very easy to get profit right?
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