I don't think there is a particular reason it is only following the trend of the other altcoins which obviously follow the descent of bitcoin, unfortunately we are still in a bear market
In addition to the bear market, there is too much negative news, which also puts pressure on the price of not only Ethereum, but also bitcoin. Now everyone is closely watching how the Genesis liquidity problem will be solved. And if no one can help them financially in this, then we will see another dump of the market.
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A few days ago, Elon Musk responded to a friend's tweet saying that the price of BTC may increase by the end of winter. ..
Despite the fact that I am a subscriber of Elon Musk, I have not seen such a post in which he predicts a further change in the price of bitcoin. If such a tweet was indeed published, why did it not entail a pump, as it usually happened before?
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...Before that, Aptos was a project that was 100% confirmed to have an airdrop, but a lot of people didn't believe it and thought it had no value, so a lot of people ignored it. And now we have zksync, StarkNet and Sui, Sui has stated many times that there will be no airdrop but is that true? That will be a difficult problem for cheaters.
The airdrops you specified were intended for those who used the test network, as well as for the test network validators. Unlike these airdrops, the airdrop from Metamask will obviously be distributed among the early participants of this wallet. But the criteria based on which the distribution of free coins among Metamask users will be made are still unknown.
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Many people come into the crypto space with a quick to get rich intention and they feel these altcoins could come good ahead of bitcoin and that's why we read daily of people losing there entire live savings in them...
At the same time, we should not forget that investing in new coins brings a very large profit, which cannot be compared with the profit from holding bitcoin. But such investments can only be made by an experienced investor who allocates a small part of his deposit for this. In this case, the OP's actions are correct, since he does not yet have enough knowledge to trade altcoins.
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I have a doubt that there are such 5% of traders who consistently earn on futures. It is impossible to get 100% profit trades, so most likely we are talking about such traders who have a higher percentage of profit trades than unprofitable ones.
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It seems that the success story of Sam Bankman-Fried has come to a logical conclusion. When his actions, as a result of which investors lost billions of dollars, will be officially qualified as fraudulent, he will no longer be able to find a job in the financial sector of the economy.
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...I have experienced the bitter side of Cryptocurrency and now I don't need someone to tell me that crypto can bite. Moving forward I would pay more attention to learning and asking questions too, all I can say to the newbies is that grow your brain before you try to grow your portfolio.
The main thing in trading is not to lose your deposit and this is relevant not only for beginners. And this cannot be done without proper knowledge about trading and cryptocurrencies in general. It is knowledge combined with experience that will give you the opportunity to make a profit.
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Do you think that launchpad platforms and projects will return soon? We are already in a bear market and very soon new projects will start using launchpads again, I am looking into seedify at the moment but I want to ask the audience, do you think this is a good idea or it's over for IDO, IGO and other?
You mistakenly think that you can participate in the seed round, since this round is intended for large investors, of which you obviously are not one. As for the later stage of coin sales, it is now easier to buy coins from previously released projects, the price of which is even lower than the early investors paid, besides, such coins will not be blocked for a long time.
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I don’t know who will win, but I just feel like if the CEO of the biggest crypto exchange fudds about competitors, we all gonna loose.
It wasn't a competition, so there won't be a winner here. But we can definitely say that due to the collapse of FTX, reputational damage was caused to the entire crypto industry. And since the problem has not been solved, we may soon see another bankruptcy of companies that were affiliated with FTX.
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...NFTs beome a huge hit ?
Cristiano Ronaldo has a huge number of fans all over the world. It is for fans that such an NFT of their idol will have real value and owning it will allow them to fix this status. It is the fans who will become the main buyers of this NFT, although most purchases will be made on the secondary market, and not directly through the Binance.
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...Bitcoin is much easier to get into and even though its single unit can be divided into satoshis, people want to go for the altcoins which are recently launched and have been running on media hype. ..
Such a choice of coins by a beginner is understandable to me, since he does not have a large deposit, trying to increase his balance in this way several times in a short period of time. It's like in a casino, the risks of losing your money are very high, but there is still a small chance of getting a good profit.
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I don’t like future trading at all. It is only for expert. I lost my money from future trading. So be aware of future trading. If you don’t have much knowledge about crypto, you should invest in future trading. Though future trading is very profitable, but sometime it is very harm for anyone.
Obviously, in order to understand all the risks associated with future trading, you need to lose your money. Most do not take seriously the warnings that are published on the forum, mistakenly overestimating their trading knowledge. But this does not mean that you need to abandon future trading, it means that you should not trade with leverage without achieving a stable profitable trading on the spot market.
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But at the same time there's another point to be considered which is that with low capital we become more fearless when compared to a high capital. When our capital is high and when we make investments on higher amounts we tend to fear more. Fear eats up the profits and gets us losses. With less fear in low capital we tend to make out decent profits.
Indeed, the larger the capital, the greater the loss may be. And if you do not learn how to trade with small capital, using risk management in your trading, then all the mistakes that were made will be automatically transferred to trading with large capital.
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...For investors, who lost money already lost it but for them and the rest, it is a very real and valuable lesson that they must learn to move forwards. Don't store your cryptocurrency at centralized platforms including centralized exchanges... Is it really necessary to lose your money in order to learn to adhere to a simple rule of storing coins on a non-custodial wallet? After all, this is a well-known fact that does not require confirmation. Obviously, many people who lost their money thought that this could happen to others, but not to them.
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Due to huge crypto exchange FTX brankcupcy . what is your lost amount?.. Each participant has suffered losses, which can be both direct, as in your case, and indirect. Thus, these indirect losses for the entire cryptocurrency market may exceed direct losses, and which are associated with the general dumping of all coins.
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... Source: https://consensys.net/blog/press-release/metamask-surpasses-10-million-maus-making-it-the-worlds-leading-non-custodial-crypto-wallet/From the statistic from Consensys above, they have more than 10 million active user, i know that day crypto getting hype with Memes and NFTs. Let say, the real active user is 5 million, so they wil not making an airdrop more than 50 tokens per account if their token hit USD 10 or more. It's mean maybe the airdrop for all active user will not worth. (this calculations just an imaginations). better to never waiting for this airdrop. if they are doing an airdrop just take it. don't wait for something just a rumor for more than 1 year. You are using too old data for your calculations. In March 2022, Consensus reported that MetaMask has over 30 million monthly active users - https://decrypt.co/95039/metamask-consensys-30-million-users And given the increased interest in cryptocurrency among the population, it can be assumed that now the number of active users has increased to 40 million. So based on such a number of users, there must be strict requirements for obtaining an airdrop, otherwise its cost will be very small.
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I've been going through the forum lately and I've seen alot of accounts that seem abandoned and I've been tempted to know what really happened to them...
The reasons may be different, but we can say for sure that many accounts were blocked due to violations of the rules of the forum. But on the forum you will not find confirmation of whether the account is blocked or not. In order to find out whether the account is blocked or not, you need to use https://bpip.org
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I am a beginner in bitcoin and crypto, I want to ask all of you, do you have to invest in crypto with small capital or large capital?..
Since you are a beginner, then you need to invest not in cryptocurrency, but in knowledge. Otherwise, you will lose your money, even if you are lucky at the initial stage, just as it happens in the casino. Only after getting the initial knowledge can you move on to investing with a small budget to gain practical knowledge.
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My worst crypto experience is to trading on Future Trade..
If the number of unprofitable trades exceeds profitable ones, then it is obvious that you are misjudging the market situation by opening positions in the wrong direction. In addition, you also need to set the stop loss value correctly so that your losses are not so large.
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...It's caused by TWT is directly affeliation with binance. Binance has known as backer by trust wallet. ...
Binance is not a backer of the Trust Wallet wallet, it is its owner. In 2018, Binance bought the Trust Wallet wallet - https://www.binance.com/en/blog/421499824684900812, while the developers continued to work on the wallet. So it's not surprising that CZ is promoting Trust Wallet, as he considers it the best, like other Binance projects.
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