I do not recommend that you buy assets that are experiencing a big increase during the pump moment like now. some projects take advantage of the development and updating of their platform when the market is good. therefore they can get a price increase. If you are not very good at choosing assets, I think investing now will trap you if the market is in a downturn. the correction will definitely happen, but we won't know when it will. study this market first, and come back when you have a good moment.
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No lost for those have a long time investment because it is yhe time to redeem the investments they have, it is the opportunity to make profits tru long term investment like at the time of bear market until its current bullrun.
a true long-term investment is profitable, but it must also choose a good moment. for example, if you buy BTC at the current pump. then the market fell really big (you can see 2018 events). took a long time to see the pump again. and it also will not necessarily return the price when you bought BTC when it was expensive. not all situations are good in the long run. just study the market and I think now is the best choice for trading or short-term investment. or in the context of choosing long-term assets, you can see projects that are newly developing and interested in the market. such as DOT or LINK which have the potential for future market developments.
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Marketing will probably be the hardest, which is building trust, community and adoption. There were already many forks and brand new coins built specifically for one industry. When it comes to the art industry, many of the coins are dead, but some are doing very well and have additional use, such as the 4ART token (identification of works of art same as fingerprints and saving to the blockchain). In the case like this, you would have to convince everyone that your coin is just better and that will be very difficult.
convincing without a product would be difficult. what sales strategy can be done without a clear product? the market is no longer stupid to be interested in a project without a useful product. even when they are in the market and have a product but the exchange is not supportive they will not thrive. It will take a while to find a really good project on the market. especially for a new project, as you say, marketing will take a long time to make proper planning. projects should avoid rushing to release platforms and exchanges if they haven't prepared a good plan. many projects die as soon as they hit the market.
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You’re not seeing bear signals because bitcoin isn’t even half way to the top of this price cycle. 2022 will be tge start of a crypto wide, multi year bear market. 2021 is mostly only up, so don’t start shorting anything.
how did you find that information? will there be a long crisis in all areas of the world economy that you say that? bulls can happen at any time. so are the bears. we can't see it because the trend of market movements that occur also changes with the large investments that enter the crypto market. but I agree with you that the bulls will still last quite a while. despite a large correction, the market will recover gradually. we've seen it happen this week. the market started to improve after a correction that was enough to make many people panic.
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The question is, how can you increase if the fee if it will be more than the worth of your tokens transferred? Not really practical these days to transact under eth network. Better park for now. However, this is bad for those token holders that wanted to trade their tokens before the price deep dive in the market. I really hope eth will address this prob much earlier than their target timeline.
Not practical and in that case, you just have to wait until the network calms. If it's more than your token, you really won't have a choice but to wait until the dust settles. For big transactions, you are delighted to pay a higher fee for your transaction to commence. Whilst for small amounts, you just have to wait until the fees get lower. if you do not want to spend more money, of course, waiting is the better choice. but ethereum GAS cost movements are actually moving quite fast. sometimes we need $ 6-9 or more for each ethereum token transaction. but at any given time we can see Gas dropping rapidly to $ 3-6. but what I see is, even though the transaction fee goes down, we still have to have a balance of at least 0.01 ETH in our wallet to send the tokens we have. if we don't have it then an error will occur when we enter the Gas cost. or even when delivery occurs, our eth will only be lost when the transaction fails because the gas used is too small.
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There are two sides. you can gain more profits from Alts from a short time of a period than investing only in BTC or Eth. But if the market crashes you will have a huge loss if you only keep Alts.
In fact this is almost the same, although in terms of losses it can be a little different, because if BTC has decreased by only 10%, then Alt will experience a decrease of up to 20% more like what happened in the previous market correction, so the losses are still bigger in Alt than on BTC. that calculation is not always the case with all altcoins. if you looked at yesterday's correction of course you will see how ADA experienced a pretty strong pump. Some of the altcoins that are updating are sure to be able to build their own pumps even when the market is under a fairly large correction. what happened was because of the market panic about the decline in BTC. so some altcoin holders also sell their assets to have a stable coin which is safer to keep the value of their assets.
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I've sold my doge. trading in doge now is risky. Previously I was still holding when Elon Musk tweeted but the last tweet from elon saying selling doge made me stop to hold or trade this. since the increase in the doge has not decreased at the initial support point and this is risky if we calculate the percentage later we will lose to hold. better look for other altcoins , This Pump and Hype is at risk
I think you are among those who easily panic in reading market news. the price of the doge has indeed decreased, but if you look at it at the moment the price is not bad either. indeed looking safe by selling your assets is a good choice because what makes the pump of Dogecoin is Elon and Elon's words also ended the market. I'm sure you are not alone, many other people also feel like you. but I hope you don't panic when investing in other assets.
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Btctalk name: criket Rank: Full Member Current post count: 1163 PHR Address: PHy7MiuPWxmXCTa7S3tQq3GCmnHb7yxN1i Wear appropriate signature : YES Wear avatar : YES
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Sometimes greediness can make more money but chances you will lose also because once your coin is pumping, anytime it will suddenly dump. I always set my desired price to sell just to be sure that I gain profit even just a little, I'm satisfied with my earnings, I don't want to be greedy.
You are lucky to have good control over your assets as well as your psychology. some people still panic seeing the market. in fact, greed is a major disease for every trader and investor. If you have made a good plan and you are consistent with it then you are really good at handling your emotions.
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i am happy obviously because i have a btc and i can take advantage of the btc bull . i do also have a token that increase slightly and i want to sell it but i cant because like you said the gas cost are such a pain in the ass . my only advice to you is buy the coins that you missed because this bull arent going to be the last and the highest but we have more to come and forget your tokens for a while if they arent thousands of dollars because selling them right now isnt just worth it .
Now that's what I mean, I agree with what you mean. for most of the erc20 token holders especially in small amounts, then it can't do much after seeing the absurd gas charges. and the only way we need to focus on investing in other coins, which we think is feasible and can get a good profit in the current market situation. if we just keep quiet, wait for the eth gas fee to go down / hope your ERC20 token goes up, then you won't get anything. so, make the most of this market situation as possible. I think the bulls that have been created right now belong to the people who have held assets for the long term. like investors who held their assets from 2018 and now they get the cure for their long wait. ethereum token holders I don't think enjoyed the bull as a whole for the reasons you mentioned.
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There are now plenty of big companies and institutions whose adopting cryptocurrencies not only amazon but also tesla, master card, even apple is also joining the current adoptation of it and because of the entry of big corporation market will definitely maintain its bullish momentum.
That's right, because they have all seen that Cryptocurrency is very important to implement so that companies are willing to adopt it for the convenience they will get in serving everyone in the world, I think this is really very good for cryptocurrency. specifically for amazon, are there no crypto-related regulations like what happened to Facebook? We know-how in the past Facebook also sent news related to their own coin creation with the support of several large companies. but there is a problem with crypto regulation that bothers them a little. I actually don't think that big companies like Facebook and Tesla need crypto. why don't they adopt crypto that is already in the market if they want to simplify their market? I think there's a point in the profit that can be made from making their own coins outside of the products they sell successfully.
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Bitcoin demand is continuously increasing in recent days, so this is not end in this month because of big whales are enter in the market and many countries are accepting the cryptocurrencies. I think you are not concentrate the further development of Bitcoin so you think it will maintain a same range in crypto market. But reality we see both pump and dump of Bitcoin and we are not see the big scale drop in recent days so next it will reach $50k soon.
it will happen if market domination and demand still increase in large numbers. The good news as more and more companies are investing in bitcoin will be a breath of fresh air. when the market is still strong I don't think the market will collapse any time soon.
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I don't know why I'm still so confident with ETH, whether my brain has been washed that it is still the best. how to determine that bitcoin can be better than ETH I still believe ethereum is one of many coins that potentially increase, and ethereum is the best altcoin so far. But bitcoin leads the market, and with so much support from the big company, bitcoin will have more chances to get popularity besides ethereum. But we do not know what will happen in the future, whether ethereum will still be the best altcoin or it replaces it with the other coins such as bnb or else. I think BNB and ADA have the most potential. but whether waiting for what happens in the future, of course, no one will know. but ethereum there's potential to remain at the top is still very strong. popularity and market interest are still great. it will be hard to beat him even in the next 5 years.
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Hi guy,
I have 5k dollars, you think i should investment any altcoin.
Depending on your personality and plans. With $ 5k in this status quo, take advantage of the big Fomo in BCH if you've ever seen how high-flying Doge, ADA has been. Kim also shows his weight similar to that of Elon Musk. Furthermore, if your vision is objective, I advise an option, go with DOT for the long term. It has all the features to compete and is ready to replace any platform now. I am also interested in DOT at this time. many talks about it lately plus TRX which I think is still cheap at this time. but it all also depends on market analysis because when buying at this time but the market experiences a dump (hopefully not) then it will be bad with the investment planning that will be carried out.
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Why do people think of Dogecoin as a useless coin? Whereas Dogecoin with the help of Elon provides good news for Dogecoin lovers. I think most people will use Dogecoin for withdrawal fees because of the low fees at Dogecoin. Shilling or not clear Elon has given the best price for Dogecoin for they those who hold Dogecoin or buy Dogecoin at a low price.
calm down my friends, every asset has lovers and people who do not like it. people can feel something bad because of their past experiences with doges. but when in the pump they cannot benefit from it. Dogecoin is widely used as an asset for withdrawals from several exchanges. Even when currently the transaction fees for most coins from several platforms have increased I believe Dogecoin is one of the most sought after coins today. besides the price which has increased due to Elon.
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The answer is very simple, there's no other way to collect funds for their development! You can't compare Google, Amazon, and others... they have stocks! And their investors invest in their stocks! In crypto the only way to gather funds for your project is to create coins/tokens, and to have ICO, or IEO... that depends on the project and its plans! It's how they attract potential investors, and of course, the project needs to have a nice idea, WP, and everything else that helps investors to get more familiar with the project!
very sensible. those new projects do IEO or ICO by making their own tokens to get development funding from the projects they are planning or even already running. although sometimes some are already running and running the products they usually use the development with funds from their own team as initial investors.
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I think the important moment lies in-market support and the developer's ability to create increased market demand. when this happens in a moment I think the pump will happen in a force we don't think about. as happened to Dogecoin.
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It's overpriced as it was seen as a joke and meme coin.
How come a coin like that has a good price today? It was just started because of Elon Musk so anything from that point was overpricing.
It will crash soon. It's not safe to be involved in a coin like that but since others can get profit from its volatility, they are there trading that coin.
many views of people who like you. the current price will collapse soon because the market for Dogecoin is not based on a strong community. much less seeing how doge has never reached such high prices. people will see the current price is still too high to doge. watch out for all those who handle doge, a drop can happen at any time, even when we are asleep.
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I don't use blockchain but I think you can set it low the transaction fee if you are not in hurry, expect that it will take long to land your bitcoin in your local exchange. I wonder if bitcoin reached $100k I don't think small time traders will still trading on bitcoin.
when the price is higher and the situation is still like today it is like you said. Bitcoin will only be an investment asset for people who have a large capital. whereas small traders will only play altcoins which may have stabilized transaction fees. some altcoins may indeed increase, but looking at the transaction fees charged I don't think it will pay off anything.
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All investments in crypto are not safe and certainly have a high risk, if to choose an altcoin to invest, my advice is to choose one that has quality in the market or the top 10 altcoins because these altcoins have many listings on the market, there is a possibility that they are not too risky than choosing a new altcoin that is don't know where it's going and where it's going
the biggest risk is wrong in determining the moment. Even though he chose the top 10 assets in the market today, but when he bought at the wrong moment, the risk he will receive is greater. although the value may come back again but plan from the beginning will change.
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