These declines were not the first and will not be the last. Of course, an investor who has spent time in this market knows these. The real investor is the person who stays in this market during the bear season and the bull season and seizes the opportunities. As people who believe in bitcoin, I am not worried about the dips in this market and I evaluate them. Denigrating bitoin in the fall is just manipulation and ignorance.
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When the crypto money market starts to decline, when the bear season comes, if people withdraw from the market, they are gamblers. The person who withdraws from the market when there is a fall is the person who tries to get rich only when there is a rise. The main investor, on the other hand, sees the declines as an opportunity and strengthens their investments by taking advantage of purchasing opportunities.
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I hardly think the Chinese government will ban bitcoin. They manipulated the market by saying that they would ban bitcoin continuously from the past and caused declines. The same scenario is happening now. a drop after China's news of banning bitcoin. history repeats itself. but I don't understand China's purpose.
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I always see hodl as the best option. hodl is investing without risk. you will be comfortable. You are unlikely to experience psychological problems. you invest and are not interested for a long time. this is a healthy thing for the investor. The traders, on the other hand, become very tired both psychologically and in terms of thought, as they have to constantly monitor their investments. Those who do hodl do not care about the dips and rises. When they reach their goals, they realize profit. so hodl is the best method for me.
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I started to see everything that has been happening in the cryptocurrency market lately as the rich man's games. Elon Musk has started to see crypto coins as a playground of his own and is constantly acting as if he is in the game. However, as a result, many people are negatively affected and the cryptocurrency market is suffering. elon musk did not good services this market at all.
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Whatever you invest in due to the spikes in bull seasons, you will always have hope for a profit. There is the same hope in the bear season. As all the coins are on the decline, you will definitely hope to make a profit in the bull season. But the point we need to be careful here is to find the bottom prices of the coins we will buy. the rest will be very simple. I hope the sharp declines will not continue.
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If an investor who has just entered the market is of this opinion, I am sure that he gave up his idea after these recent falls. Because new entrants do not have the experience of the bear season, they think the crypto money market is a market that is constantly on the rise and everywhere is green. Thanks to these declines, every person who experiences the bear season will witness that cryptos do not offer wealth overnight.
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Airdrops are not the preferred method anymore. During the 2017-2018 season, there were many quality and good earning airdrops. But the airdrops that came out later turned into projects that were based on defrauding people, had no realities, only wasted time. That's why I have no confidence in airdrops. I don't waste my time on airdrops.
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Panic sales are whales' favorite thing in this market. The investor, excited and panicked, wants to sell his coin because he does not know what to do. After making this sale, he will probably regret it. But the most important thing in this market is to be an investor who is cold-blooded, does not panic, knows what to do and has set a goal for himself. not everyone can do this. but we can learn this by trading.
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We are too late to be ready for the big garbage dump because it has already turned into a garbage dump. Unfortunately, the return to this garbage was very fast. However, if we can make the best use of the bear season, then we will have the opportunity to make good gains in the sharp rises to be experienced. Now, instead of getting upset, we should start looking for valuable items in the dump. The big spikes behind these sharp drops have a very positive effect on both bicoin and altcoins.
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Will there be a project that will kill the ethereum? This should be the real problem. I don't really think a project will come up with a ethereum killer, ethereum is the second best coin in this market. it is not easy to replace it. Just as it cannot be a bitcoin killer project, I think the same for ethereum. Many ethereum killer projects have been demonstrated over the years, but none have been successful.
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Although altcoins are on the rise, it is not possible for them to replace bitcoin. bitcoin is the pioneer of this market and it is the strongest coin in the market. It is a unique project with its technology, infrastructure and number of investors. bitcoin is considered to be the greatest investment tool for all. It is very difficult or impossible for a coin to succeed in replacing bitcoin in this market.
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dogecoin had the opportunity to show these achievements thanks to elon musk and tesla. If it weren't for them, Dogecoin would probably not be known to many people in the market right now. By this time, those who traded dogecoin have been able to make good profits. but after that if elon musk quits dogecoin support, dogecoin will be hurt. but if tesla accepts dogecoin as a payment method, it can be hold, as dogecoin will be valued in the future.
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Since the day I entered the crypto money market, many ethereum killer currencies have been introduced. people said the ethereum killer will be a lot of money. but, until now, no successful crypto money has emerged as an ethereum killer. and I don't think any cryptocurrencies will emerge after that, ethereum killer. Ethereum is very strong and it is very difficult to be a coin that can destroy it.
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I don't think dogecoin should be hodled. Dogecoin was able to reach these levels by being pumped thanks to a famous person. I don't think it will perform in the same way in the future if there is no celebrity supporting Dogecoin. According to me, I don't buy Dogecoin, I haven't invested in Dogecoin until now. I think you have the opportunity to earn more money by holding other coins.
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I welcome what vitalik buterin does. and I appreciate his donations. sooner or later this was supposed to happen. MEME coins were increasingly dominating the market and someone had to say stop. I think it was a vitalik buterin that took on this task. I think he did well. Even though many people are angry with the vitalik buterine, the MEME coins were getting annoyingly popular, which is not cool.
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Cheap money has recently begun to attract a lot of people's attention. everyone is in search of cheap money and they want to make a lot of profit from these cheap money. Of course, this is possible, but likewise, it is possible to lose a lot of money from these money. That's why I suggest you not to invest large amounts of money.
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Ethereum has managed to stay strong despite the big declines yesterday. Even this strong stance was enough to increase my confidence in the ethereum. I started to have more confidence in ethereum. In my opinion, ethereum did not decrease very much while everything in the market was falling sharply. If I were an ethereum investor, I would continue to hold.
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I want to say that I do not approach dogecoin and similar cryptocurrencies very positively anymore. Recently, shitoins and joke coins have dominated the market, and this is not a situation that suits the cryptocurrency market in my opinion. I see them as useless coins as well as making easy money. As many people made money, many people lost a lot of money in these coins. and it started to be mentioned a lot. annoying.
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I don't know what tesla will accept anymore, but I think its name should be less associated with the cryptocurrency markets. They are doing nothing but manipulating the market and they are enjoying damaging the market, I don't know. Elon Musk has pissed off a lot of people lately and has badly affected the market. I couldn't understand why bitcoin was suddenly considered bad.
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