Is that what happened? it was very surprising to see the market today, in a few days I was optimistic that bitcoin and altcoins would go up slowly, but today I was very surprised because the price of all tokens fell dramatically in one day. even all altcoins are down, lots of losses today.  |
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i was surprised to see the market today, everything fell in a short time, bitcoin fell around $1000 very fast and looking at coinmarketcap, all coins are red. a few days ago bitcoin rose slowly, but today was very surprising. What happen today?  |
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some meme coins can provide maximum profit if you buy when the coins haven't gone up, but in most cases meme coins drop very drastically when a few days have just been released on the market.
meme coins are very risky, it can make big profits if in the right way, but it can also cause big losses due to price fluctuations, for whales it is very easy to play with prices and get profits, but for medium investors it is very risky. |
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It will be difficult, but maybe you have to be a bit more selective and also have to look at a lot of information. and also the luck factor..
As with the SUI token which was just released, the large community cannot guarantee that it will be good..
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The thing that makes it possible is the trust of investors, the price drops drastically that often happens because many people leave the token, one of the possible reasons is because of the many scam projects that have entered their pancake swaps or decentralized them.
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yes... indeed there are scammers everywhere and are causing a lot of harm to investors, especially with the many scammers in the meme token project, it is very detrimental and we must always be careful because they can easily take our assets if we just connect our wallet. at this time it is very dangerous, many meme token projects under the guise of airdrops take the assets of members.
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Yes, rather than regretting what has passed, it's better to learn from experience, there will be new things or new projects that can be as promising as these tokens. very fast changes in crypto will encourage many new projects and also make transformations in the crypto world. I think there are still many opportunities that we can get in the future, I believe that.
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the crypto market is indeed very speculative but speculative doesn't mean it can't be predicted but if we can read the TA then we can handle market volatility,
especially with a high level of reward it's very reasonable if the crypto market is very speculative, I'm sure many traders don't have a problem with that either.
Indeed, many people don't mind it, but many people just follow the ongoing trend, whether it's hype or not, as long as it can be profitable, many people will definitely get into it. |
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I don't like memecoins but I still invest in them as I want them make gains in my investment but I don't put all money money since I know they can lose big amount in price because they're no longer popular and people aren't investing in them anymore, memecoins pumps due to hype and when that's no hype anymore than they fall. We have to come to the terms that memecoins has come to stay and if dogecoin is doing good due to the influencer of public figures other memecoins will want to succeed as dogecoin is succeeding and this will make the market very competitive and many won't survive the next bear market coming. This is the point, indeed if the coin is soared and popularized by famous people, there will be many benefits. but the number of scammers taking advantage of the moment also makes token memes worse because of many failures and even fraud. Doge is also very risky because the amount of supply is very large, just because of the hype the price can double, if we look at Doge before 2018, the price continues to be stable and even fluctuates only slightly, but after the hype makes Doge the target of many people, even many people lose big due to doge and other tokens that went up because of the hype. |
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It's true that basically the highly volatile crypto price movement is what makes us able to make a profit,
that's why it's important to have the knowledge and skills,
What is clear is that we have to know when to buy and when to sell.
That is the basic basis in crypto, in fact everyone will agree with that, but analysis and skills are also still influenced by global issues, not only bitcoin, many things also affect world issues. but in reality many people find it difficult to predict prices, maybe if you want to get quick profits you can take advantage of the moment, but for the long term, there will be many things we have to think about. |
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Controlling our emotions while we are doing trading activity can be used right and wrong. But usually when we lose money or the value of the coins we bought falls, others immediately panic because they have invested a lot in it.
And when that happens, our emotions immediately become uncontrollable. And it is the negative application of our emotions that controls us which can lead to more losses in trading because we are no longer able to think correctly when it comes to buying or selling in crypto trading which is not correct instead we supposed to be calm to think normally about the best solution for it.
Yes, it is. even if you see the market moving fast, then our emotional level will increase and we can make wrong decisions, because we will think about big profits or big losses. what I regret during trading is that I invested in a coin with no clear direction, and put a lot of capital in it, in just a few hours the price changes very fast, like a honeypot. |
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People seem to have become millionaires in previous bull cycles with modest investments in BTC & ETH. If I invested in 1 BTC, is it enough to make me a millionaire by the next bull run, or are there an elite number of alt coins that could help me safely achieve what BTC & ETH once did?
Yes, I'm sure you will get big profits if you start investing from now on. It's not too late because the bitcoin price has already dropped a lot, and maybe in the next bullrun, the price will pass $60k. And a little advice, you can also invest in the top 10 accredited tokens instead of investing in new coins, because the it's very highrisk. |
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I personally really don't like meme coins, because there are lots of meme coins that can't last long and compete in the market, that's just for people who want to get quick profits. because of the large number of meme coins, it also has an impact on scammers who take advantage of opportunities to create fake projects and seek one-sided profits. lots of selling meme tokens on the web and in social media posts without any continuation of the project they built, it's really bad for the development of the meme token itself.
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What I have paid more attention to recently are altcoins, all kinds of 100 times coins. In fact, I also know that the risk factor is very high. This is a game of seeing who can run fast. People often fail because of their own greed. So, there is no way I can give you any advice, stay away from altcoins. You can choose to participate in projects in the primary market. Of course, you need to spend more time to investigate the project parties.
What I have paid more attention to recently are altcoins, all kinds of 100 times coins. In fact, I also know that the risk factor is very high. This is a game of seeing who can run fast. People often fail because of their own greed. So, there is no way I can give you any advice, stay away from altcoins. You can choose to participate in projects in the primary market. Of course, you need to spend more time to investigate the project parties. [/quote]Yes, that's true overall, but what I've seen is that a lot of people are also benefiting from altcoins. those who invest in altcoins have made a lot of profit as long as they see the progress of the project . I have also experienced that myself, but not for the long term. I prefer to hold altcoins quickly and sell them immediately if I get a profit. |
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If I had $40,000 I would invest bitcoin. With that kind of money I can invest 1.5 bitcoins. If the price soars high, I will get multiple profits.
I hope I really have that much capital. 😁😁
That's a great idea . I agree. Indeed, bitcoin is the dream of everyone who enters the Crypto world. It would be very happy if we could invest in bitcoin and also have enough amount, but the possibility is always there if we are really serious and also don't give up. |
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as for me, I not only heard about this project, but also mined on a mobile application myself, to be honest, I’m not sure about this project, firstly, a very long time has passed, but the project has not reached a different level of development, and so didn’t start., secondly, I think that this is a scam project, phones are buggy when loading their application, and in general I don’t believe in this project Is that true? it means that this project really has no progress and is only concerned with momentary profits, but I'm still confused about why there are still so many people who believe and have faith in this project if there are problems in the project. and there are also many people who sell and buy these tokens in many groups. however, that is indeed their business, maybe they are already sure of what they choose to invest in. |
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I have seen a lot of rumors about this PI token, on various social media and even all groups are also talking about this token. but in my view, token pi is not quite ready to release their project, because judging from their preparation they are not quite ready yet. many people also doubt this PI project, but I also don't say their project is bad, I just see it from the chatter of people in various media.
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Indeed, all markets depend on the price of bitcoin, all altcoins will move to follow bitcoin, if you want to invest in altcoins, at least you also have to watch bitcoin movements and also follow bitcoin news, many people choose to invest in bitcoin and ethereum, but many also choose altcoins as an alternative investment for the long term, but don't forget to research all information about cryptocurrency.
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