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These Telegram bots are for sure only connected from the API of exchanges instead of going to the real or actual exchange you can do the Telegram bots, it depends on how the Telegram bot is set up like they can add some special feature like a real bot that doing your trade automatically (where to enter, exit, stop loss).
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DCA is a common practice by most and why? It is because it was found effective. If you can't afford to buy coins in bulk, this strategy is the best thing to consider, and much work in a volatile market.
We should be smart in dealing with the market situation because investing in crypto isn't just all about money but also, it is all about how we strategies in buying. Isn't actually bad about using a lump sum of money because even using the DCA'ng strategy if can't adjust and afford to hold when the market dumps more, we all still lose.
Exactly, it's just another way of investing. Doing DCA is the best if you are afraid of not well entered properly, it's just minimizing the risk, or dividing your entry in different prices because we don't know what will happen next on the price, especially if you are cryptocurrency, it's extremely volatile where sometimes price are unexpected. |
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Assuming you plan to invest for 12 months by dollar cost averaging, and you keep buying 200$ worth of bitcoin every week or month, do you know that there will be times where the market will go up rather than down? DCAing at such times are increasing your risks.
This is good actually, just set your schedule when to buy and don't hesitate, don't look at the price because that's your plan. Your plan is to buy using the DCA strategy, so if you set it weekly, then buy weekly regardless of the price of Bitcoin. Especially if you do DCA on bear market, very worth it. |
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I remember the early days of this airdrop, where you can receive a lot of airdrops it does not matter if it is shitcoin or not because some of them are worthy and can make you quite good money.
Over time, airdrop has improved especially these days, where sometimes you can't cheat anymore. They already have strong way to identify if someone is cheating, like this sybil address thing.
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Prior to this google had banned all cryptocurrency ads on their platform back in 2018. I wonder what makes the Google platform to change their views and make a new policy accepting NFT ads. Any thought?
Probably those in charge of Googles advertisement policy were not sure how to handle the NFT fever, since many of those projects did not nave any meaningful value and many also were scams, so they went safe and tried to reduce the exposure to scams in their ad service. They now may have realized that the NFT boom has come to an end and the projects which have ultimately survive the fall are most likely legitimate. I liked Axie Infinity and I wished they did not go all in advertising their game as play-to-earn and focused in the fun mechanics. Or maybe they have now a way to lessen the scam advertisement, even though you can really eliminate or avoid it 100%, but at least maybe they already have a solution for it. For sure, one of the reasons why they banned it in their advertisement before is because of lot of scams especially if it's on bull market, scammers during that season are very active. |
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I decided to set myself a goal - to save money for an apartment with the help of cryptocurrency. The cost of the apartment is $130,000.
(...)
It seems OP is not saving money here, this is investing. And when you do invest, it comes with risk, you either win some or lose some. You can't guarantee. But if you plan and do it properly, it is worth it and will be profitable. I like the confident of OP, by having a target first because if you do have target, you will work hard, grind to reach that target. |
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My biggest concern is not only this, but also Ethereum creator Vitalik Buterin. The project is too tied around him. So if he dies (God forbid) or something bad happens to him, you expect ETH's market prices to go all the way down the drain in an instant. It's likely ETH will become worthless after this.
(...)
I don't think so. Ethereum is not only run by Vitalik Buterin, but it's also a team and it is decentralized and open-source. So for me, even Vitalik Buterin will not be here anymore, Ethereum still exist, just like Bitcoin now, Satoshi Nakamoto is gone but Bitcoin is still here, running and kicking. What I am expecting only to happen is on price of Ethereum, it will react, like dump and it will just go up. Just like before when someone spreaded fake news that Vitalik Buterin found dead. |
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This is the longest bear market I've ever witnessed, and I've been in the crypto space for about 4 years now. I've blown my trading accounts many times and have taken numerous risk management courses in preparation for the bull market. I'm tired of waiting, and I don't have the mental fortitude to keep trading, haha. This brings me to why I'm writing this...
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Well, for me, if you are a good trader, bear market condition is not an excuse, maybe you are just not trading fine, better to fix something from your trading. Maybe you are just in a spot or always long position. I understand your feeling, especially in a bull market where it's very easy to make money because who else not making money in a bull market?  Where everything you buy just goes up. Good 'ol days. |
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5. As a crypto trader what is your favorite crypto exchange you use for trading?
6. Are there other ways you trade crypto without using an exchange ?
5. For, I am currently using Bybit as they have this amazing user interface and user experience, It is very user-friendly especially their mobile application, and easy to use. Another I am using is Binance. 6. I think for this, it is more likely you will use peer-2-peer off the exchange, like not using any crypto exchange platform, like buying/selling to someone like personally or having in contact in social media or any communication just to be able buy and sell crypto. |
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This is the reason why if you can see on every block halving we can see how the price of Bitcoin every block halving is pumping.
So for me, it's kinda of every block halving, Bitcoin is looking for price discovery, just take a look on chart and see every block halving in previous, you will see how price is reacting.
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Better to use multiple sources, not only 1 or 2.
For example, a combination of these review platforms like TrustPilot, etc., and some multiple forums too because in some multiple forums, you will see real users that sharing their experience, sharing comments about the platform, and on that forum, you will easily point out if they are just dummy accounts or real, legit and high-rank users.
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"I want to find out because I think your experience in the case as I mentioned will be useful for readers, especially for me personally"
Personally, when it comes to recovering from a gambling addiction, it is not always that easy, and likewise that goes to drug addict, and all other form of addiction, whereby for anyone to fully recover, one needs to have a very strong mindset to change, and disconnecting himself from any environment the will tempt him/her into gambling, which for me, I can only see that for those who intends fully recover must take the right step in meeting the trained medical personal specialist whose job is the help "strong addict" with the right treatment plan recover fully from gambling gradually. I agree, there are a lot of ways, steps, and trials for them. Addiction is addiction no matter what, even if that is gambling or drugs. That's why we have a lot of rehab these days for a lot of kinds of addiction. I think the most common problem of other are they don't know they are already into addiction or they can't admit and it will lead to not seeking help for some professionals. |
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I am waiting for Binance Smart Chain (BSC) will be surpassed by any of these layer-2 networks especially Arbitrum, it is just a matter of time.
Arbitrum right now is leading and I agree with it already, using Arbitrum is good compared to other layer-2 networks.
Another event that we are waiting for is the time when the token of Arbitrum will pump as we also how layer-2 networks token before pumps and the TVL growth is unexpectedly high, it seems bullrun is only what we are waiting for.
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With Binance asking everyone to convert their BUSD to other stable coin, this give USDT price increase since current 24 hours BUSD trading volume, there are around 15% convert to USDT, so this give USDT price increase.
We are not sure, Binance seems advertising this new stablecoin called FDUSD (First Digital USD) and they also open a promo for a pair of BUSD/FDUSD like converting your BUSD to FDUSD. I agree with you that there could be some people will convert BUSD to USDT but there are lot of stablecoins now like USDC or DAI and some could start buy it with Bitcoin as Bitcoin is kinda cheap right now. |
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No hacks for me. But scam, yes, I experienced it.
Hacks for me are really easy to identify since I'm into technology and let's say I'm the person who is techy, so I am aware more on what I am doing online and it helps me to protect my Bitcoins or any other funds.
Knowledge is always your partner to avoid hacks.
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a new base network has recently appeared, and immediately after the appearance, the first tokens on base grew hundreds of times in a day. So after a few weeks, is it worth investing now in new tokens on this network or not?
Yep, and there are a lot of rugged tokens there especially when it was started, a lot of people lost their money because hoping that every new altcoin will just pump and pump even how shitcoin it is. And after that, it was only hype and only in the beginning, so lucky for people who was able to get out immediately and made good profit or just breakeven. |
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Seems these Binance launchpad tokens are really only good from the start.
But if you really take a look at these projects, deep dive. They really have good use case, I am thinking that it seems they are just started during the wrong market condition.
Space ID (ID) is good for me, especially if web3 will really adapt in the future, it's really useful for everybody.
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Litecoin getting adopted by institutional investors would be "the bomb". It will increase market prices at a very fast pace. That's if institutions decide to make the move. Maybe BlackRock and Fidelity will launch Litecoin ETFs in the future?
I hope not Better brazil takes LTC as a legal tender. That would be perfect. ETFs are not a gateway to heaven, they easily turn sour. It will be always in the hands of Bitcoin, especially on ETF things, we already hoping for other altcoins while Bitcoin still has no ETF approved. About a country like Brazil does LTC as legal tender without Bitcoin? I don't think so, Bitcoin is always a good and best cryptocurrency to be a legal tender right now. |
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Be careful to short we will see green market soon now Im long with SOL,ETH,ADA Im ready for pump
(..)
With the current market condition, what we need is Bitcoin to pump not altcoins especially this kind of altcoins. I am more hoping and expecting Bitcoin will pump especially since we are about in the last quarter of the year. That's why I am expecting to pull back on the $30,000 level. |
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In short, everything relies on Bitcoin, once Bitcoin just pump and pump, everything follows especially the top altcoins right now, Ethereum is the best example.
The numbers from OP seem realistic, but we need also to consider the time here, like when and how. This number is high and I believe it really needs more time.
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