...But I guess the party is up and over and they have to go through with a sequence of correction again.
I think that the bitcoin price will not return to the previous price level and after some sideways movement it will continue to increase. But in any case, it is impossible to accurately predict the further movement, so everyone must act according to their strategy.
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...During bull run, some people may decide to leverage their coins and go on like 2x which is still safe to some people in a way bitcoin can still not get to liquidation price or the chance to get to liquidation price is still low. You can not hold 2x on a wallet, you have to leave your coins on exchanges and this may be up to a year or more that you want to hold your coins using like 2x leverage. What ways can use maximally protect your coins if you are a leverage holder?..
If you trade on a centralized exchange, then you must approach the choice of an exchange for trading with full responsibility. But I think that the best solution in your case is to take a loan from a traditional bank, which in any case will be lower than you will have to pay on the stock exchange. In this case, you will not need to store your money on the exchange and you will be able to withdraw your coins to your personal wallet.
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...I know Dogecoin has a huge community but this is not the ticket to say it was a good investment, not even with the others as we know that meme coins are mostly scams.
You can always use meme coins to get a quick profit, and not as a long-term investment. The last Doge pump was related to the news about the purchase of Twitter by Elon Musk. And it really was a very good opportunity to get 30% profit in the current bear market.
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Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off. What do you smells from it?
This is a common story, when the price of bitcoin increases in price by 10-15%, everyone around begins to dream that an uptrend has finally begun and soon the price of BTC will reach 100 thousand dollars. But in the following days, we observe that the BTC price returns to the previous price level, and the mood of the community changes to the opposite.
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I bring to your attention a blog that I myself use to perform tasks in the test network https://airdropclaimers.medium.com/ which publishes current tasks for the testnet and contains a guide for their implementation. I think that following the guide, you will be able to complete the tasks yourself, even if you have not done this before. This is exactly what I was looking for!thank you... Glad to help. ...If only I have plenty of extra time I will be hunting for these kinds of tasks....
If you have the necessary skills to trade on decentralized exchanges, as well as experience with DeFi, then completing the tasks of the test network will not take you much time. If you do not have such skills, then you will quickly acquire them by completing several testnet tasks.
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The moment bull market comes and there are tons of projects that will be using ERC20 to build, there will be an added request for ETH all over again, that’s what I think will happen and that’s the trick...
It would be good if by this time the developers had launched an update that would increase the speed of transactions on the network. And also no less important is the reduction of the commission in the network. In this case, there is no doubt that the attention to the blockchain will increase, which will entail an increase in the value of ETH.
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...Probably soo this project will experience a huge price dump when the private investors take profit and dump tokens to retail investors that didn't knew what risk they take on buying this token.
To make such conclusions, you must first familiarize yourself with the schedule for receiving coins by Aptos investors. And the reality is that early Aptos investors will start receiving their coins only after 1 year. In a year, we should expect pressure on the price, and if there are mass sales, the price will decrease. But it is impossible to predict from what price this decline will begin.
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...So are there any active testnets currently that seem promising?
...Is there any website that collects all the upcoming blockchain project and offer testnet with rewards? ..
I bring to your attention a blog that I myself use to perform tasks in the test network https://airdropclaimers.medium.com/ which publishes current tasks for the testnet and contains a guide for their implementation. I think that following the guide, you will be able to complete the tasks yourself, even if you have not done this before.
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...I have many friends spending their time on testnets but I thought it was like a lottery before earning decent amounts while spending gas on tests...
You are confusing retroactive with testnet. To complete tasks in the test network, test coins are required, which you will receive as an airdrop. While, for example, Uni was distributed as an airdrop to participants who were the first to be active on Uniswap, that is, retroactive. In the second case, you would have to bear the costs of gas.
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I did the Aptos airdrop, I didn't get an email for a claim, no regret though. ..
Airdrop was distributed among those who received NFT Zero in the Aptos test network. In addition, it was necessary to fill out a Google form. Those participants who meet these conditions received an airdrop of 150 APT. In addition, those participants who installed the node in the test network also received airdrop.
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If I understand it correctly, the nft and crypto coins you guys get can only be spent inside their testnet and not in the real world right? But, why you seem to be positive about it when the real one that you will get from doing these kind of tasks are their own token which value is also small since they are still starting but you can always hodl it and see if it became huge later on.
There is a risk in doing this because we may be required to connect our wallet and there are projects who are scams which can rob us. This is why the OP is recommending us to use dummy accounts and this includes creating a new crypto wallet only for this purpose.
Yes, all the coins and NFT that you receive in the test network can only be spent in this test network to complete tasks. But the reward at the end of testing is distributed in the main network. It will be possible to talk about the value of the coin that you will receive as an airdrop only after it starts trading on the exchange. To eliminate all the risks associated with the loss of the contents of your wallet, you need to use a new wallet specially created for this purpose.
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Obviously, not all projects are covered by the hype that is currently happening around the Aptos blockchain. For example, the first IEO, which was held in this network Mojito Markets, immediately after the start of trading on DEX, fell in price by 70%. Such an example may have a negative impact on subsequent IEO in this network among potential investors.
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For strategy that is most effective for newbies is just buy and hold for long term. You can never go wrong with this one. You'd be surprise how much you could have after waiting for several years. This is as long as you hold for a longtime...
This is a very boring kind of earnings and it is more suitable for those who occasionally visit the exchange to find out the current price. In addition, it does not allow you to get a profit that allows you to meet current needs. So if you want to make a profit every day, you need to study trading strategies and test them yourself on the cryptocurrency exchange.
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...With nodes, everything is simple until you start setting it all up. If the user is completely unfamiliar with setting up his own server and the command line in Ubuntu, even with a ready-made manual it will be difficult for him to figure out all those console line commands, what works and how to set it up. You need at least minimal technical knowledge to successfully participate in the nodes.
As a rule, all tasks in the test network are similar to each other and consist in swaps of coins, providing liquidity, moving coins through the bridge. All these tasks are not difficult for those who have previously been engaged in trading on DEX and earning on Defi. As for beginners, participation in test networks will allow you to raise your level of knowledge and at the same time also get a profit.
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...Also make sure you turn on your telegram notifications then you get latest updates and our trading signals.
According to your last post in the group, your specialists have 22 years of practical experience. Tell us more about your team members and where you specifically acquired this experience, which allows you to accurately predict the further movement of the market.
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How people are being rewarded? The project will airdrop coins to the main network of the addresses that participated in the said event from testnet? This is how I understand this, it's like they have the list of addresses that qualify for the reward and that's the time they will give the real coins to the main network.
Usually, after the launch of the main network, an airdrop will be made to the wallets that took part in the testnet. But it also happens when the project is already running on the main network, additionally conducts a test on the test network. A recent example is UMEE, which, after launching the main network, conducted a re-paid test on the test network. At the same time, not all projects initially indicate whether the work in the test network will be paid or not. Therefore, there is a high probability that your work will not be paid.
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Here is our first trading signal here DOGE/USDT..
This is not only your first signal, but also the only one, since you have not given more signals so far. And since the channel does not have previously submitted signals, it is difficult to judge their accuracy. But it is already obvious that these signals do not indicate the stop loss level, without which it is very risky to open trades.
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...I am always conscious of testnet instead using a free airdrop with spare wallet would be more valuable because most of those testnet they run will somehow requested to make a some Minimal deposit to carry out the test of which I know most of you won't like to risk a dime from your ends.
Test coins are always used to complete tasks in the test network, and even if you wish, you will not be able to transfer coins from the main network there. You get these test coins for free as an airdrop and they cannot be withdrawn to the main network. Obviously, you are confusing the execution of test tasks on the test network with testing on the main network, where it will really be necessary to bear the costs.
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The crypto has become the worst holding during the bearish market and cash is a very good holding during the bearish market. I guess if you do know this. It's caused by having cash make you can buy at the bottom with low price. ..
A sharp drop in the value of a coin also happens in a bull market and this can be caused by various factors, including negative news. As a rule, after such a news dump, the coin price quickly recovers, which brings a good profit. So you should always have free money to redeem such a fall in time.
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How realistic do you think such a scenario is?
Imho it's not realistic, the price has already fallen a lot and there seem to be buyers very happy with the current price levels... If the price of bitcoin decreases by another 2 times, then buyers will be even more satisfied. Until quite recently, it was impossible to believe that the price could decline to the current one, but as we decline, we are already beginning to accept the fact that nothing is impossible when it comes to BTC.
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