I think I made a mistake buying at $23,500 (obviously), so when should I really start to panic now that we dropped to $18K?
(....)
(....) If I bought bitcoins for $23,500 and the price dropped drastically to $10k or $15k now, I wouldn't panic and would use this moment to buy more bitcoins because it was a golden opportunity for me. I'm sure the price will increase and I will get another pump. Exactly, there are a lot of ways to recover from this, like you Dollar Cost Averaging (DCA) but you gonna need another capital here. That's why when I am buying on the sports market, I scattered my buy orders, or I always reserve some capital just in case the market will go to the wrong side. |
|
|
|
what is a real asset and how do you invest for a real Assets.
A real asset for me is anything that generates you a profit whether it is in the form of digital or physical. Investing into digital assets like crypto or stocks will give you profit in the long run once because their value appreciates over the years. (....) Your explanation is very accurate. Because it is clear that an asset is something that has value and is also valuable such as gold, property, land, houses and other things such as digital currency which in this case I prefer to call it Bitcoin even though there are many other digital assets which also has value and price in the market. But for the question about the problem of assets it is clearly so general that all types of assets can be included in the answer. That's why they relate Bitcoin to Gold, which both got to have their own value which for me, is an example of an asset, with value and it may have increased in value over time. But there are still some risks to owning an asset, let's say for example real estate, market or location could be also a risk here, Bitcoin or gold, we all know these assets could decrease in value. |
|
|
|
|
With that kind of numbers mentioned, it is very impossible to do it in just 1 month. Maybe in gambling it's possible for me it's very impossible, maybe 1 chance in 1 million.
But this is possible on some shitcoins or early days buying some low cap altcoins and after some days or months the price will go parabolic, most of these altcoins are popping during pre bull run or during bull run.
|
|
|
|
|
Seems the only issue with these savings flexible or locked is the exchange itself, we all know Binance is the centralized exchange, so if there is something happens to the exchange, our savings there maybe will get affected too.
On flexible, maybe if there is something will happen on the asset you stake, like lost its value and much worst is the locked savings where you can't withdraw it anytime.
|
|
|
|
|
If Solana will ever reach its all-time high again, yes for me, it is a good investment. In the last year 2021, Solana is one of the many top movers during the bull market, from 1 digit to 3 digits in just a short period of time.
For me, Solana is still a good alternative on the Ethereum network right now because of the high transaction fees on the Ethereum network, if Ethereum will still not solve that problem, people for sure will still stay on Solana or will get its new users.
|
|
|
|
Hi Fam, I am new to crypto investment and crypto mining, I have a plan in mind with this upcoming merge, just tell me if it's bad or not, I plan to sell all my bags after the merge because I believe there will be a massive sell off, and I will buy back at a lower price, is this making sense or not.
Be careful, sell off could happen anytime like before the event. It could be "Buy the news, sell the rumors". It's very difficult, The Merge even is one of the biggest event in cryptocurrency market right now, it's not only for Ethereum but even on Bitcoin and other altcoins. We need also to wait the result of The Merge, if everything will be done or some issue, we don't know. |
|
|
|
|
The problem here is the people who are really sensitive. Why it's a very big deal for them and a lot of issues because of this action only.
Apompliano for me is far different from Bitboy, I believe Apompliano is a very big fan of Bitcoin only or some can consider him as Bitcoin maximalist why Bitboy got a lot of haters because of he is part of some pump and dumps scheme or can easily pay to advertise some shitcoins public.
|
|
|
|
I have a question! I am looking for an active messenger or telegram group (other platforms..) of crypto day traders to share information, signals, news... Do you guys have any suggestions?  Telegram is not a secure platform. Scammers attack Telegram the most. So I think it is better not to take trading signals from Telegram. (....) I don't find the issue here is on Telegram, scammers are the problem here, we say it's very easy to create an account on Telegram so anyone can create an account and/or pretend someone and scam other people. Even on what platform, you can encounter these kinds of problem. People must also learn the basics here like how to spot scams or fishy actions by someone or a group. |
|
|
|
|
After the death of Queen Elizabeth, there are already a lot of tokens created especially in the Binance Smart Chain (BSC) and most of the scams are on that chain. I have no clue why need to create that kind of token. On what purpose?
By doing this, it is already fishy why most of people still diving there?
|
|
|
|
|
Very interesting. Altcoins now are ready hot especially with the upcoming event on Ethereum which is The Merge, which is the highest market cap among the altcoins.
The 40% Bitcoin Dominance level is a really strong and a key level for the support, especially last year, it is already tested over the time.
|
|
|
|
Has anyone already seen this? Seems everyone is excited about the upcoming The Merge event of the Ethereum network. One big entity here is Google, you can now see directly the countdown when you search "Ethereum Merge" on Google. I am not sure if this is automatically added from their search egnien or Google added it because of this upcoming big event on Ethereum.  |
|
|
|
As The Merge even on Ethereum is fast approaching a lot of people to become curious about what will happen therefore a lot of misconceptions are being created along the way. As we all know the major problem with Ethereum right now is the high transaction fees. So for me the common misconception of The Merge event for Ethereum is "The Merge will reduce gas fees." or "Transactions will be noticeably faster after The Merge." What else misconceptions you often hear or read? You can read more here: https://ethereum.org/en/upgrades/merge/#misconceptions |
|
|
|
|
Nah, I will not trust again Terra. Billions of dollars were lost from them. It's very difficult to trust again, the trust is already broken.
Maybe these kinds of happenings is just some shows able to lure again some people to gain back their trust again. But I got a big instinct that this is another hype, pump and dump.
|
|
|
|
Is it possible to invest 100$ in altcoin and turn to 7,000$? Have this ever happened to anyone on here? Is this even possible?.
For sure this is possible during bull market, remember before when the meme/animal coins fever where in just short period of time we see a huge spike in price especially before for every chain there are some meme coins being created and the pump is really huge, I am no sure it will happen again but if it will happen again, there will be some new, like maybe not meme coins anymore or another way. |
|
|
|
Never fail does not mean forever lost trust. LUNA making the new coin has proven that they are still responsible for what happened to the old LUNA. but if we think, it's too soon to say that LUNA has risen again, this could be fake bull still happening. but if you profit, you should be grateful, if you are satisfied it would be better to sell it.
The trust is already broken, and damage has already been done. It's already difficult to trust again, especially with with billions of dollars lost in just a short period of time. But if they are really sorry for what happened, they must prove it and must sincere. Back to OP, Profits is alreay profits, even how small it. Since you only got it from airdrop then if you are already satisify with the profits, then take profits. |
|
|
|
That's why it is called predictions in the first place. They can put any numbers, or figures and even state what year it will happen. Sometimes, to create hype, to make an attempt to lure people to their service, or just a product of their own analysis.
(....)
Exactly, the words say it all. Pure speculation. There are some people who are telling it just for the sake of hype or manipulation of some people so they can make some money from it. Predictions are not 100% guaranteed, sometimes we can consider it as luck but predictions with evidence or basis are more reliable for me or much better to believe in. |
|
|
|
There will be nothing going on today and tomorrow because we are still in the bear season, so there will be nothing special going on. Don't expect a bull run to happen this year as things are still chaotic out there. In a bull market, there will always be corrections and in a bear season there will always be slight rallies, so don't try to look for the growth to fall into these price traps. The best thing to do these days, don't invest in altcoins, if you have money then collect more bitcoins every day and hold until the bull season comes.
You are actually right, I see some altcoins going up most especially this luna, but as we all know everything moves as bitcoin moves. But it is still a deep trap to invest in those altcoins even as the show good sign. Bitcoin is the only way of not loosing your money in this bear period Everything moves as Bitcoins move, but you should consider the percentage of the move here. Because sometimes, there is a huge gap in percentage here, sometimes Bitcoins move a huge percentage compared to other altcoins or vice versa, Bitcoin moves low percentage, altcoins move high percentage, but overall this is good. |
|
|
|
|
This will be only Proof-of-work (PoW) versus Proof-of-stake(PoS) battle, a consensus battle.
But overall, we all know that Bitcoin got different functions from Ethereum, they work differently. For me, no threat to Bitcoin at all as Bitcoin will still be Proof-of-work(PoW).
Maybe only the price? If Ethereum PoS will be good after some time, we may see a huge spike in the price of Ethereum, a huge percentage pump compared to Bitcoin. But overall, this Ethereum PoS a positive effect for cryptocurrency market.
|
|
|
|
|
Ethereum's price right now is already $1,700. It's now really near $2,000. But for me, I am not really positive it will be close to $2,000 by the end of September, but I am positive it will be during the middle of this month or on the days before the "The Merge" event of Bitcoin.
|
|
|
|
~snip~Being a scalper in the crypto market is indeed very difficult I have done this and I failed because the decision-making must be at the right time. Commonly we are failed in deciding the time of transaction and also the time to take profits.
I do believe that the OP really has his own strategy for why he is abe to get profitable and successful doing scalping, with his own experience, he is good in his own ways.
If you have a plan at the beginning of your trade or the time you decide to open a position, there will be no problem at all. This is also a part of risk management, where you plan or decide your target price and stop loss. But I think I feel you because sometimes we decide to take profits too soon or too early and that's sometimes a tough decision but if you just stick with your plan, it will be good for sure. |
|
|
|
|
Show Posts
