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I am sure nobody can give you a perfect suggestion regarding your point because it's really hard to find those altcoins which are going to explode, it's unpredictable. As you mentioned that you're new in cryptocurrency space so you have to be very careful never believe somebody's advises or suggestions at once you must research yourself to find suitable altcoins which must be strong on both technical and fundamental basis.
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Is it true that NFTs are the future of the cryptocurrencies?
It's really hard to say what is going to be the future of NFTs but these days the current trend of NFTs is on full peak mostly people in crypto space are crazy about NFTs which indicates that its trend is going to be for long time and the interesting point is, there are some celebrities around the world who are crazy about NFTs which is obviously a positive point. |
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Some people are being crazy for meme tokens It's just a matter of time. As we know Shib has achieved massive growth in its price so after seeing this some useless people will have thought why shouldn't we create our own meme tokens and make people fool and it has begun luckily some meme tokens were able to gain attention and it's all became a trend or hype whatever it is anyways this is not gonna happen last long.
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Now there are three questions in America. 1. The sluggish economy 2. High inflation 3. The outbreak of the epidemic.
Dow plunges nearly 900 points on July 19 2021.Bitcoin drops back below $30,000 yesterday.
All are disappointing signs. Many investors plan to sell Bitcoin.Most people lose patienceIn for cryptocurrency.
But In long-term trading, in addition to knowledge, patience is more important than any other factor.How do u think of it?
It happens every time whenever the market goes down some people lose their patience and ends up their investment with loss they don't try to understand that nobody can make profit in crypto space without patience that's the simple point they must have to understand especially those new people who thinks that they can become rich overnight which is impossible imo. |
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I dont think that BTC will go down to $20k as it only goes down to $29k and goes back again to $30k, if BTC will go down to $25k then it will give more possibility to goes down up to $20k, Thankfully it bounced back again to $31k and hoping that it won't goes down again in the other day. Dont miss out on this chance to buy more because bitcoin can still recover from this and can reach the new ATH once again next year.
Yes, according to my estimate I don't think we may see BTC price around $20k because on technical basis there are some strong support levels above $20k price range which are looking quite difficult to be break and currently the market seems in a positive way so on this basis I don't think BTC will go much down. |
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Spreading negative propaganda against a top ranked cryptocurrency exchange is a part of competition. As we know there are couple of cryptocurrency exchanges like Okex, huobi and coinbase which are capable enough to give though competition to binance in near future so the supporters of those exchanges always share negative thoughts about each other's exchanges I think it's normal in cryptocurrency space and this can't stop.
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I know in the future there will be another bull run. I also know bitcoin, ethereum, bnb and all the top ranking altcoins will create new ATH. that's why now i hope the market gets worse than this so i can buy cheaper. and the current situation supports my expectations.
i will buy when bitcoin is under 20k. I will also buy when ethereum has fallen below 1k. when bnb goes back to $100 i will buy it too. before that happens I will not buy.
and I will continue to pray for the crypto market to collapse. when that happens I will come to the market and spend my savings to buy
Probably there will be many wealthy people like you who are expecting that kind of worse situations like you're expecting and praying for it to be happen but there are also many poor and middle class people who have dream to become wealthy and already have invested their everything and praying for some positive, well I hope their prayers will leave strong impact on cryptocurrency market. |
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I haven't played this game yet but heard about a lot about Axie infinity. If we talk about blockchain games, these days this game is in trend it's because the game has gain lot of attention probably it will be very interesting to play this game that's why people are crazy about this game so on this basis I think it may have bright future.
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Many people claim that matic is better than dogecoin after the recession last week. Do you agree?
Without the support of Elon Musk we all know what is the real value of Dogecoin on the other side Matic is a strong altcoin on both technical and fundamental basis so it's all upto you what would you like to choose, a hyped meme coin or an altcoin with actual use cases which is taking progress because of its strong structure, not because of useless hype. |
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I'm new to this whole thing and recently I've realised that too many projects are volatile and not trustworthy.
Any suggestions for tokens that are more trustable and worth holding for 6 months and more? I will do my own research of course.
(not those spam shilling messages please idk how common they are here)
Personally I have expectations with Ethereum and Polkadot I think these two altcoins are much capable to give positive results in long term and on the other side in exchange token, HTB may be a suitable option as well hotbit is very progressive exchange these days and providing top quality services so on this basis I think its native token HTB can be a suitable option for long term. |
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The coins you mentioned are struggling in cryptocurrency market especially Peercoin but personally I don't think that these coins are on its last stage imo these coins may be a suitable option for long term personally I have expectations with Primecoin it's almost eight years old coin in cryptocurrency market and still trading with decent volume but the problem is it's not available on a notable exchange which is I think a main reason of its slow growth, the developers of Primecoin should consider to list xpm on a notable cryptocurrency exchange.
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With the wide adoption, it won't take the next halving for the price to go up. But as much as possible because at any moment price will be pulled up.
Yes I also think Bitcoin won't take another three or four years to reach another ath it's because its adoption graph and the involvement of big players is increasing rapidly which is absolutely a positive point and it's all indicates that BTC won't take too much time to reach another ath nevertheless it's my estimate that we may see some more dips in the price of BTC in the upcoming weeks which can be a good opportunity to buy BTC at suitable price. |
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Obviously before investing in any project a deep research is very important we must not fall in mouth publicity in cryptocurrency space unfortunately this is happening these days people are being greedy and falling in hype and loosing their hard working money especially new people they want to become rich overnight which is absolutely impossible nobody can become rich overnight it's all take time, patience and own understanding.
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Dumping in panic is not a good solution you will have to be positive, it happened with many people in the past that they have dumbed their tokens in panic and regret later. The project seems in early stage if you really believe in this project then you should consider to have more patience maybe it can be beneficial for you in long term although it's all depend on the development process if the project team keeps working on it then you must not lose hope.
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Imo shitcoins have become an important part of cryptocurrency industry nevertheless I would say that investing in shitcoins is like gambling so invest very carefully if you want. These days it's surprising to see that big investors are investing in shitcoins that's why we can see there are some shitcoins in cryptocurrency market with massive volume, although we must not depend on shitcoins because of its higher risks.
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If the upcoming meeting of Elon Musk and Jack Dorsey is focused on only BTC mining then we may expect a positive growth in Bitcoin price, although it's hard to say that Mr. Musk won't mock BTC because you know he is a big player and he knows very well how to buy BTC at cheapest price like he did in past nevertheless let's hope he won't give any negative statement about BTC so that will be good for millions of BTC investors and especially for traders.
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The future of cryptocurrency market is absolutely unpredictable the movement of market is mostly depends on positive or negative news this is what I have seen so far. Up and down both are a part of cryptocurrency market so we must always try to take steps responsibly in the market. NFTs are in trend these days a lot of people even celebrities are excited for NFTs so on this basis NFTs may have a bright future.
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There is no doubt that Binance has achieved huge popularity so far and it has became a brand itself in crypto space and from the current state of binance it looks more progressive so it looks impossible for this exchange to be fail nevertheless it's all depend on the services of Binance exchange if the exchange keeps providing good services and user experience then this exchange has a wonderful future.
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