...It will fall only when the Binance exchange fall as well, but that seems impossible unless it was not managed.
We have seen many times before how CZ solved similar problems. Therefore, I expect from him that in the near future another launchpad will be launched on Binance, which will push the price of BNB to the top by 10-15%. And in relation to BTC, it now looks stronger. |
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I have a good amount of btc that I'm very pleased with. I love btc. Are there any other coins you guys could recommend I buy next?
There is such a bitcoin trading strategy, when its dominance decreases, it is necessary to transfer your BTC coins to altcoins. And, accordingly, on the contrary, when the dominance of bitcoin increases, it is necessary to convert all your savings into BTC. In this case, the safest coin for exchanging BTC for altcoins may be ETH. |
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...I wish to invest in crypto with cash,but with minimal knowledge,so I seek the help of this house in advise on which crypto to invest in currently as someone who is just getting to learn about crypto currency.
This way of investing on someone else's advice will not lead you to success. However, the most common answer would be that a beginner should invest in bitcoin, as it is the safest in the cryptocurrency market. If you had more knowledge, then you could choose something from altcoins and such an investment could bring more profit. |
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...It got me thinking what is the best way to take profits and if taking out my investment at 2x was a clever move or if I did so too early? ..
If the price of the coin has increased by 2 times, then it would be reasonable to withdraw the initial amount that you invested. In this case, regardless of the further movement of the coin, you will retain your initial investment amount, which you can re-invest in another coin that is being adjusted. |
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If newbies want to start trading, start with YouTube lessons, I think it is enough for them. ..
As a rule, a beginner understands that he needs knowledge only when he loses his deposit. After all, according to a beginner, trading is not difficult at all. To do this, it is enough to buy at the minimum price and sell at the maximum. Only here it is impossible to determine where this minimum and where will be the maximum, without knowledge. |
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...And there is something that I don't understand.
(I'm a crypto noob)...
If you're a noob, then why would you invest in such a dead coin? As of today, the Circulating Supply Movn is 2,000,000 coins, while the Max Supply is 900,000,000. What will happen to the price, which and so has already declined, after all the coins appear on the market? |
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...From my little experience, knowledge, news and learning cryptosystem has it own advantage and disadvantages, we will be looking at them below:
Advantages of Cryptocurrency;
*it gives you choice
* it gives you money
* it gives you knowledge of trading
* it gives you risks management attitude
* exposure, links you to the world
Disadvantages;
* it can be time consuming
* the losses are irreversible
* it prone to scammers
* its discouraged seeking further career
* it can cause shocks and death
In fact, the main advantage of cryptocurrency and its disadvantage is its volatility, thanks to which a trader can both make a profit and lose his money. All the other points that you have indicated are just a means to achieve them. |
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Between future and spot trading which will you opt in for. For me i think it is better to start with spot trading gradually observe how the market respond over time before moving into future trading...
One thing can definitely be said that margin trading is prohibited for a beginner. So until a beginner gains the necessary knowledge and experience, he cannot switch to futures trading, otherwise he will lose his money. But in any case, you need to remember that spot trading is safer for both beginners and experienced traders. |
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Many people are waiting for this growth of DOGE, expecting some decisive actions from Ilon Musk, but I would not get my hopes up for him. Elon Musk is a fickle person, one day he will say one thing, and the next day the exact opposite of what he said. I would not be surprised if in the next bullrun he will start shilling a completely different project, like some other meme koin, FLOKI, or something like that. Don't trust what Ilon Musk says, he has already confirmed many times that his opinions are rapidly changing.
Yes, it is quite possible that Elon Musk has changed his priorities, otherwise it is very difficult to understand why he shill Floki - https://twitter.com/elonmusk/status/1625695877326340102 in his tweet of February 15, instead of promoting the Doge, as he did earlier. |
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...My question is can someone that doesn't have any knowledge about trading and how the system work can he or she trade...
Trading, like any other profession, requires special knowledge, without which your efforts will be in vain. Or do you think that a beginner can trade without knowledge, but at the same time cannot be a doctor without having special training for this? |
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...This coin is unlikely to reach the price of one dollar. There are many much more worthy cryptocurrencies in this market than Dogecoin.
If we expect ATH from the cryptocurrency market, then it is not surprising that Dodge will also exceed its ATH. A given that the last ATH was at the level of 73 cents, it can be assumed that the price of Doge will reach the level of 1 dollar. And don't forget that the impossible is possible in the cryptocurrency market)) |
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Since we all know that dogecoin is getting backed by Elon Musk and people also want him to accept payment in dogecoin for his Tesla cars. And since his single tweet can give a boost to the price of dogecoin, what do you think?..
What difference does it make to you whether a Doge is accepted for payment for a Tesla or not, if everyone, with capital, can exchange their Dogecoin for dollars and then pay the cost of the car. Although when Elon Musk announced the possibility of paying for Tesla with bitcoin, the price of BTC increased in price by 20%. |
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Is it cool to give a friend bitcoin as a gift on his birthday? ... So is it apprised to gift a friend bitcoin at his birthday party?
In order to give bitcoin to a friend for his birthday, it is necessary that he has a bitcoin wallet. But as I understand it, it does not have one yet. Of course, you can register a wallet yourself and put BTC there, and then pass him the seed phrase. But in this case, he will not be the only owner of this seed phrase. So you need to help your friend register a wallet in advance, and replenish it by the birthday. |
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...Of course I earned a lot and since it's my first time I became very confident thinking I'm so smart lol  . .. Every second person can tell such a story here on the forum. And this is explained by the fact that it was very easy to make money in the bull market, even for beginners. But then the bear market came and most of them lost what they had earned earlier. But now you have really more experience, which will allow you to save your deposit. |
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Many people here said to hold bitcoin, I also think that bitcoin should be held because, holding bitcoin is less profitable than other altcoin coins, but much less risky than other coins. Unlike other altcoins that rise in price very quickly and then fall back quickly, many coins dominate the market for a limited period of time but quickly become worthless again. All in all Bitcoin is much safer than altcoin coins or tokens, my advice would be to work with Bitcoin.
The fact that altcoin trading brings more profit than bitcoin is beyond anyone's doubt. In this case, you need to allocate part of your deposit for altcoin trading. Everyone decides on their own what volume should be allocated for altcoin trading, but I think 20-30 percent will be sufficient. |
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Hi, Im a 18 year old owner of a upcoming PvP crypto Casino, the casino is almost finished, but we are still looking for investors for the hotwallet and other costs like 2 new game modes we are planning... We need 5k to get everything started...
Did you know that before you can launch an online casino, you need to get a license? Or you have already decided for yourself that you will not get a license in order to avoid difficulties with obtaining it, as well as rather large expenses. Online gambling is a serious business and it is not enough to have a script and 5 thousand dollars. Online gambling is a serious business, and it's not enough to have a script and 5 thousand dollars, which besides you don't have. |
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