(....) I see PENG at MEXC, for example, having break its previous resistance, right now, and going up. Do you think this can be a thing? Any other suggestions? Thanks This is my first time seeing this kind of meme coin, I can say there are already a lot of meme coins right, some are just joining with the hype. This PENG is deployed in Solana, Solana is one of the hottest networks right now as you can see, the price of Solana has been pumping recently. |
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For me, there are no perfect or successful indicators. Every indicator comes with a different purpose or use.
There are already a lot of indicators right now, some are already advanced but these advanced indicators are only based on the core indicators, that's why I can say it is always better to learn or focus first on the basic indicators.
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Why not try Bybit or Binance?
For me, these 2 exchanges are the active exchanges that I am using the most right now. They have low fees in all, not only in trading fees but withdrawal feels also.
They both have mobile applications and/or can use in browser.
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For me, Kraken is trusted. Kraken is one of the OG cryptocurrency exchanges.
Now they are still here, even they are not number 1 crypto exchange, I still trust them and even I don't use it, I can hear a lot of good reputation and less issues.
A lot of exchanges already shut down but this exchange is still here.
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I don't care, just DCA and hold BTC.
Why? I do believe it's not only the US country is driving or helping the Bitcoin price to climb, although they are huge and helpful countries for Bitcoin.
Because if we do rely only on government, the essence of Bitcoin is being disregarded. We must practice not to fully rely on these governments.
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It was not only cryptocurrency market that experienced the blood bath during covid-19, all markets experienced the dump and all also recovered.
So for me, it was really the COVID-19 drove the prices of every market before and it was also reason we topped before.
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Bitcoin is rising upwards in terms of price continuously. Many are predicting that it will reach $100k before halving. In case that happens, do you plan to exit at that price level because of possible correction at that levels ? What is your exit strategy with bitcoin once it reaches $100k?
This number is already good for me, just in case we will reach this price, I will not do an exit, maybe partial take profit only is already enough. I have price target already on which price Bitcoin will reach, where I will sell some of my Bitcoins bought cheaper before. But after that I will not sell all of my Bitcoins. |
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High risk high reward but I know someone who already made a lot of money by just doing this, they are more likely to gamble here but if you are skilled and have knowledge on the field you can make some money here.
Especially now the market is bullish, a lot of new and less popular tokens will pop and most of them are just scams so we must be careful.
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Yes, and I lost a lot.
I will admit that I lost a lot. That was the first time to lose in a centralized exchange. Before I was using Cryptopia but before they went bankrupt I already moved out my funds, so I am very lucky.
I am still hoping for the refunds on FTX, I hope it will be refunded to all of us who are affected, it's huge.
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For me yes, as the traffic and volume in cryptocurrency are flowing causing Ethereum to somehow congested, layer-2 networks are an alternative.
The DeFi market right now also increasing and it will continue increasing some people already using layer-2 networks as alternatives to Ethereum since most DeFi platforms are already exist in layer-2 networks.
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I want to know your opinion on the success of BTC holders: - Is the profit of BTC holders just from luck?
- Are you a BTC holder? What makes you keep believing and holding BTC?
- When will you hold BTC until?
1. No, everything has a reason and we worked on it. So we deserve it. 2. Yes, I am indeed Bitcoin holder since day 1  3. I think for me, forever. I hold Bitcoin multiple bear markets and multiple bull markets and I still hold them until now. At the same time, I can use my Bitcoin as an emergency fund, just incase whatever happens. |
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I don't remember mine because I have participated in multiple airdrops before even there are no yet retroactive airdrops.
But the recent one I can't forget is the Arbitrum airdrop where I am very happy because I didn't expected that they will do airdrop, I am just using their chain for some DeFi and NFT actitvities.
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(...) What do you think? Will a Solana spot ETF become a reality? If not, why? What are the odds for approval? Your input would be greatly appreciated. Thank you.  For me yes, but I believe if this will happen, Solana needs to undergo in lot of struggles first before they will achieve this, as we all know Ethereum has already here for so long and Solana has some issues, especially about their downtimes remember they are once connected with FTX Exchange before, where could be a conflict in some regulation concern. |
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(...)
so if you check, you did see that these airdrops do give people money. What you've to consider is;
1. The Chain they're been developed on,
2. What Impact can it give and are cex putting interest in it?
3. most importantly patience. Patience is the Ultimate you need to have in this Crypto Ecosystem in general
This makes sense because when you hunt airdrop especially now, it's more likely a game of chance, where if you have more luck then you are lucky. There's nothing wrong with hunting airdrop as it is also profitable once you hit a jackpot by luck, you just need to be hardworking here and have patience. |
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In the world of cryptocurrencies, the idea of meme coins has grown in popularity due to their active community involvement, humor, and impressive financial returns.
For me, meme coins will stay and some meme coins will have different purposes like scamming people, and will just make money off it.
We just need to be careful because what I can see in new meme coins or even old, it is high risk, high reward.
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NO.
It's kinda difficult and the price is too high but we must remember we are in the cryptocurrency market, everything can happen anytime, even impossible. The crypto market is full of surprises so who knows? The question of OP is very difficult.
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The reason that can motivate mo to still invest in Bitcoin even at ATH is "break-out". Means Bitcoin will create new resistance above, so there's no limit as we don't have any previous resistance, and we don't have any idea or basis the next stop of Bitcoin because of this breakout.
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I want to get into crypto day trading. It truly fascinates me. Out of curiosity, if anyone does day trading comment what crypto you made the most profit on in a 24 hour period. Please tell me what crypto and the total amount of profit you made. Thanks
I don't think what crypto trading pair matter here, because it will depend on your strategy and analysis. So for me, the best pair is a pair with high trading volume so Bitcoin and Ethereum is the best for this, now what's next to improve is your strategy to trade on this pair. |
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Lol. I don't think this is possible. This is not how to make money, you need to work on it and have patience. This is not how trading works.
Now that Bitcoin already reached the previous all-time high, I am waiting for another run above and to create another all-time high.
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Then why the need to announce to the world that Bullrun has probably Begin.
We don't need to announce it because the social media will naturally make more articles, posts, tweets about Bitcoin new all time high, Bitcoin bull run, cryptocurrency bull market. They will do it for us and we don't need to make any announcement on the market bull run. In bull market, most of things go up in a bull run but there are still winners and losers. It is not correct to assume that everyone join in the bull market will get profit. So announcement is not necessary helpful for people who make bad decisions and are losers in a bull market. Another reason is there's no official basis for a bull run, where there's no valid qualification that we can say we are already in the bull run or bear market. But Bitcoin created a new all-time high, and maybe that is also another identifier or basis that we can say we are already in a bull run. |
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